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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 865268 times)
thomas_s
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December 30, 2013, 01:23:12 AM
 #5561

The terms say the refunds will be in the currency in which they were paid... which seems straight forward... but then they amended it later to say at the exchange rate in USD... so they will give you the initial USD purchase price in BTC.

So... while the initial wording seemed pretty clear that they would return the exact funds... they changed it when BTC went ballistic.

Why don't you post a copy of the original TOS instead of just making a claim?

Amend?? Amend my a$$. Nowhere in the TOS for Batch 1 does it say they'd use any USD exchange rate for BTC refunds...If you are talking about that recent email today, that's not a TOS. That's just a last minute, play-dumb email that can never replace the original TOS.
2. PURCHASE AND PAYMENT.
(a) Guaranteed Baby Jet Delivery Dates. All of the 550 Baby Jet units from Hashfast's first production batch are guaranteed for delivery by December 31, 2013. If Buyer ordered one or more units of such Baby Jets, and Hashfast does not deliver such units by that date, then Buyer may cancel the undelivered portion of the order at Buyer's request and Hashfast will refund the payment for the units that Buyer purchased but did not receive and cancelled. This cancellation and refund is Buyer's sole and exclusive remedy for Hashfast failing to deliver by the December 31, 2013 guaranteed delivery date, and Buyer must cancel the order by January 15, 2014 to avail itself of this remedy.
(b) Other Delivery Dates. Except for the delivery dates described in Section 3(a) above and delivery dates explicitly guaranteed using the words “guaranteed delivery” in the order confirmation sent by Hashfast: (i) delivery dates communicated or acknowledged by Hashfast are approximate only; (ii) Hashfast shall not be liable for, nor shall Hashfast be in breach of its obligations to Buyer because of any delivery made within a reasonable time before or after the stated delivery date; and (iii) Buyer will give Hashfast written notice of failure to deliver and ten (10) days within which to cure. In any case, Buyer's sole and exclusive remedy after such cure period or guaranteed delivery date is to cancel the affected and undelivered portions of the order, and receive a refund for the undelivered portions that were cancelled.
(c) Products shall be delivered EXWORKS (Incoterms 2000) Hashfast’ manufacturing facility, or other facility as designated by Hashfast, unless otherwise agreed in writing between Hashfast and Buyer.
(d) In the event Buyer contests delivery, the Buyer must request a proof of delivery from Hashfast within ten (10) days of the date of Hashfast' invoice or guaranteed delivery date (whichever occurs first), otherwise delivery shall be deemed completed. If Buyer fails to take delivery, then Hashfast may deliver the Products in consignment at Buyer’s costs and expenses. Timely delivery requires Buyer to provide all necessary order and delivery information sufficiently prior to the agreed delivery date. Delivery may also be contingent on full payment. No order, Agreement or any part thereof may be rescheduled or cancelled without Hashfast’ prior written consent except for cancellations permitted under this

I'd like to point out that this was also noted accompanying the terms

Payment:
100% via BTC
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cedivad
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December 30, 2013, 01:29:05 AM
 #5562

at Buyer's request and Hashfast will refund the payment [...]

Payment: 100% via BTC

I love this.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
fenwick
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December 30, 2013, 01:31:26 AM
 #5563

Who is Mister Fister?
Where can I find more information about his previous "achievements"?

John Skankywhore (I forget his real last name),

I see, so that would be John Skrodenis.

Quote
the director of marketing, previously worked marketing bondage, fisting, and other kinds of extreme porn for the holding company that has kink.com and its family of sites.

Just to be clear, personally I'm not against porn per se, but it's an interesting career choice, and John's specialization in its most extreme (legal) form now seems to suggest something about his personal ethics.  

I wanted to give him a pass about that back in October - a second chance, call it, everybody deserves one - but it seems clear now that Hashfast marketing has equally severe ethical challenges as the business of filming economically desperate women submitting to potentially damaging abuse, I mean, sex procedures.

I see. It all makes sense now. I agree with your conclusions.
(Except that I am against porn, per se, but let's not jump on this red herring now.)
jjiimm_64
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December 30, 2013, 01:32:03 AM
 #5564



You just told them that you don't want a refund and you are ok with late shipping, as long as they ship it as soon as possible. Why would you do that?

They answered this email today?Huh?  interesting... I replied to the email asking for clarification and did not get a response.

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fubly
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December 30, 2013, 01:35:12 AM
 #5565



You just told them that you don't want a refund and you are ok with late shipping, as long as they ship it as soon as possible. Why would you do that?

I have earned so much money and btc with knc jupiter´s, and for now I want.... hmm in germany we say:

It is better to have an fright with an end, as an never ending fright!

thx

My nerves on the end now, with this company.

I still waiting for the bj and the mpp boards, and when hf will deliver them on 15 Dec 2029 it is also ok. I am finished...
cedivad
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December 30, 2013, 01:38:14 AM
 #5566

I am finished...
Giving up is what they want. It's since October that i'm stressed for this, and they are doing whatever possible to kill us psychologically because they can't stand in court.

Don't give up.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
fenwick
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December 30, 2013, 01:40:50 AM
 #5567

at Buyer's request and Hashfast will refund the payment [...]

Payment: 100% via BTC

I love this.

I have the same line, too.

Also, unit price is explicitely specified in BTC, like this:

UNIT PRICE:

xx.xxxxxxx BTC [$x,xxx USD)

Shipping is specified in USD.

Total is xx.xxxxx BTC [$X,XXX USD]

Payment: 100% via BTC

(TOS in received confirmation, from late August.)

Quote
2.(A):

All of the 550 Baby Jet units from Hashfast's first production batch are guaranteed for delivery by December 31, 2013. If Buyer ordered one or more units of such Baby Jets, and Hashfast does not deliver such units by that date, then Buyer may cancel the undelivered portion of the order at Buyer's request and Hashfast will refund the payment for the units that Buyer purchased but did not receive and cancelled.

No word here about any kind of conversion or rates or exchanges or anything like that. They will refund the payment, and that's all.

And payment was xx.xxxx BTC, so...

cedivad
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December 30, 2013, 01:50:23 AM
 #5568

I wanted to thank you but i didn't wanted to post there, thanks for the impressive work.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
jelin1984
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December 30, 2013, 01:50:33 AM
 #5569

I think at few days
We final see what hashfast do

jimbobway
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December 30, 2013, 01:58:41 AM
 #5570

Here is Simon saying refunds are in BTC:



Link:

https://bitcointalk.org/index.php?topic=270384.msg2903338#msg2903338
jddebug
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December 30, 2013, 02:01:06 AM
 #5571


Unfortunately he doesn't state that it will be the same amount as you paid though.

jspielberg
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December 30, 2013, 02:02:52 AM
 #5572

It is also on the email receipt and is clear that 100% full payment will be returned in the event of cancellation.

Quote
Your order is expected to ship between October 20 and October 30, 2013.  Physical delivery of your order will take place within days, depending on the shipment method selected.  HashFast guarantees that all "Baby Jet" units from our first production batch will be delivered by December 31, 2013.  If Buyer ordered one or more Baby Jet units, and HashFast does not deliver such units by that date, then Buyer may at his or her discretion, cancel the undelivered portion and HashFast will issue a full refund the payment for the units that Buyer purchased but did not receive and cancelled.   This cancellation and refund is Buyer's sole and exclusive remedy for HashFast failing to deliver by the December 31, 2013 guaranteed delivery date.  Buyer must cancel the order and request a refund by January 15, 2014 to avail him or herself of this remedy. Buyer to pay all taxes, duties and shipping costs on units delivered.

Again... payment was 100% BTC... ergo...

fenwick
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December 30, 2013, 02:03:29 AM
 #5573


Unfortunately he doesn't state that it will be the same amount as you paid though.


No, he does not, but since the question was specifically about the amount, so if the interpretation offered by cycloid ("same amount") is wrong, he ought to point it out. He did not, thereby implying that it is correct.

jjiimm_64
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December 30, 2013, 02:11:34 AM
 #5574

at Buyer's request and Hashfast will refund the payment [...]

Payment: 100% via BTC

I love this.

I have the same line, too.

Also, unit price is explicitely specified in BTC, like this:

UNIT PRICE:

xx.xxxxxxx BTC [$x,xxx USD)

Shipping is specified in USD.

Total is xx.xxxxx BTC [$X,XXX USD]

Payment: 100% via BTC

(TOS in received confirmation, from late August.)

Quote
2.(A):

All of the 550 Baby Jet units from Hashfast's first production batch are guaranteed for delivery by December 31, 2013. If Buyer ordered one or more units of such Baby Jets, and Hashfast does not deliver such units by that date, then Buyer may cancel the undelivered portion of the order at Buyer's request and Hashfast will refund the payment for the units that Buyer purchased but did not receive and cancelled.

No word here about any kind of conversion or rates or exchanges or anything like that. They will refund the payment, and that's all.

And payment was xx.xxxx BTC, so...



I just looked at my original payment invoice.. at the bottom of the invoice it was pretty clear language:

Quote
Baby Jet Delivery Dates. All of the 550 Baby Jet units from HashFast's first production batch are guaranteed for delivery by December

31, 2013. If Buyer ordered one or more units of such Baby Jets, and HashFast does not deliver such units by that date, then Buyer may

cancel the undelivered portion of the order at Buyer's request and HashFast will refund the payment for the units that Buyer purchased

but did not receive and cancelled. This cancellation and refund is Buyer's sole and exclusive remedy for HashFast failing to deliver by

the December 31, 2013 guaranteed delivery date, and Buyer must cancel the order by January 15, 2014 to avail itself of this remedy.

Buyer to pay all taxes, duties and shipping costs.

and above that in the middle of the invoice is this:

Quote
Payment:

 

100% via BTC

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Anddos
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December 30, 2013, 02:11:58 AM
 #5575

They got a new video up on youtube

http://www.youtube.com/watch?v=3SLuAenIG2M

gmaxwell
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December 30, 2013, 02:23:29 AM
 #5576

They got a new video up on youtube
http://www.youtube.com/watch?v=3SLuAenIG2M
Saved. So much for 700GH/s, 1.2TH/s or whatever numbers people were hoping for.

439.72GH/s  with 450watts at the wall.

Bitcoin will not be compromised
MrTeal
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December 30, 2013, 02:26:47 AM
 #5577

They got a new video up on youtube

http://www.youtube.com/watch?v=3SLuAenIG2M

"450Watts!" Indeed. Given they're using a 1000W Platinum supply right in the middle of its efficiency peak, this is more than a little sad. So much for significantly less than 1J/GH at the wall.
starsoccer9
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December 30, 2013, 02:30:50 AM
 #5578

So they missed their power requirements, missed shipping, and looks like missed the over promised ghash rate(by this i mean the 500ghash promised and heavily advertised on the site and elsewhere as the fastest asic chip.

Fyi on their site they still advertise a 400Watt for the Baby jet

RickJamesBTC
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December 30, 2013, 02:32:16 AM
 #5579

Music in that video is kinda sexy. I guess they want to distract people from the shit performance. Look, Cgminer running at 427. AWFUL!  

At least they obviously read this thread, even though they won't answer questions. They sure pointed out a lot of specific inquiries.
ninjarobot
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December 30, 2013, 02:35:22 AM
 #5580

The original advertised specs when I bought were <350W at the system level:

HashFast is launching sales of the Baby Jet.

Here are details:

System Specs
 - 1 HashFast Golden Nonce (GN) Chip
 - Hashing Output: 400 Gigahash/s at nominal clock speed
 - Under 350 watt power draw*
 - Efficient liquid cooling

* Real silicon power consumption may vary from simulation results by plus or minus 20%

So I don't know why they are gloating over 450W, that is well outside of the 20% tolerance @425 GH/s
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