Bitcoin Forum
October 22, 2017, 05:09:03 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 [280] 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 ... 586 »
  Print  
Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 865300 times)
jjiimm_64
Legendary
*
Offline Offline

Activity: 1862


View Profile
December 30, 2013, 02:39:27 AM
 #5581

They got a new video up on youtube

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

love the comments.. including mine!

Quote
James O'Shea1 second ago
 
DO NOT order anything from this company until they honor their agreement for batch 1 customers..  as someone already stated they have went back on their word to refund the btc paid as is written in the terms of service.

@Hashfast. you can bet I will post this comment every day for every video you post until i get my bitcoins back!
Reply  · 

HashFast Technologies5 hours ago
 
Customize your message
Reply  · 

Gabriel Sukenik7 minutes ago
 
backing out on your original ToS and telling customers they can only be refunded at TODAYS btc exchange rate rather than the time of purchase seems fairly...criminal?
Reply  ·  1

druid71733 hours ago
 
Good luck to you guys! Hope you considering future profitability of your customers. Right now it's question number one, for all of us, especially in the batch#4.
Reply  · 

Tom S18 minutes ago
 
DO NOT EVER ORDER ANYTHING FROM THIS COMPANY YOU LIKELY WON'T RECEIVE ANY PRODUCT AND ONLY GET A FRACTION OF YOUR BITCOIN BACK. THERE ARE NUMEROUS PROBLEMS WITH THIS COMPANY AND THEIR LIES! THEY ARE TRYING TO GET MORE SALES! DO NOT BUY INTO THIS SCAM!


1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
1508648943
Hero Member
*
Offline Offline

Posts: 1508648943

View Profile Personal Message (Offline)

Ignore
1508648943
Reply with quote  #2

1508648943
Report to moderator
1508648943
Hero Member
*
Offline Offline

Posts: 1508648943

View Profile Personal Message (Offline)

Ignore
1508648943
Reply with quote  #2

1508648943
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508648943
Hero Member
*
Offline Offline

Posts: 1508648943

View Profile Personal Message (Offline)

Ignore
1508648943
Reply with quote  #2

1508648943
Report to moderator
1508648943
Hero Member
*
Offline Offline

Posts: 1508648943

View Profile Personal Message (Offline)

Ignore
1508648943
Reply with quote  #2

1508648943
Report to moderator
starsoccer9
Legendary
*
Offline Offline

Activity: 1617



View Profile WWW
December 30, 2013, 02:40:33 AM
 #5582

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

Its yay congrats we shipped a miner almost like BFL the people we were bashing. Execpt we did it in 3 months and managed to screw customers just as much.


starsoccer9
Legendary
*
Offline Offline

Activity: 1617



View Profile WWW
December 30, 2013, 02:42:26 AM
 #5583

They got a new video up on youtube

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

love the comments.. including mine!

Quote
James O'Shea1 second ago
 
DO NOT order anything from this company until they honor their agreement for batch 1 customers..  as someone already stated they have went back on their word to refund the btc paid as is written in the terms of service.

@Hashfast. you can bet I will post this comment every day for every video you post until i get my bitcoins back!
Reply  · 

HashFast Technologies5 hours ago
 
Customize your message
Reply  · 

Gabriel Sukenik7 minutes ago
 
backing out on your original ToS and telling customers they can only be refunded at TODAYS btc exchange rate rather than the time of purchase seems fairly...criminal?
Reply  ·  1

druid71733 hours ago
 
Good luck to you guys! Hope you considering future profitability of your customers. Right now it's question number one, for all of us, especially in the batch#4.
Reply  · 

Tom S18 minutes ago
 
DO NOT EVER ORDER ANYTHING FROM THIS COMPANY YOU LIKELY WON'T RECEIVE ANY PRODUCT AND ONLY GET A FRACTION OF YOUR BITCOIN BACK. THERE ARE NUMEROUS PROBLEMS WITH THIS COMPANY AND THEIR LIES! THEY ARE TRYING TO GET MORE SALES! DO NOT BUY INTO THIS SCAM!

Lol, I simply flagged them and marked it as being scam/fraud

perezoso
Sr. Member
****
Offline Offline

Activity: 392


View Profile
December 30, 2013, 02:46:02 AM
 #5584

It's a little bit vigilante, but if everybody on this thread simply sent an e-mail with a link to this thread to the other recipients of Hashfast's 27 December e-mail, then we'd attract some other people with our interests...

"Hi, I'm also a Hashfast Batch 1 customer, and I received the same group e-mail that you did on December 27th.  Some of us think that Hashfast is giving its customers a raw deal.

In case you haven't see it already, I thought you might like to visit this thread at bitcointalk.org for more information:

https://bitcointalk.org/index.php?topic=262052.5720"

Simple as that.
jjiimm_64
Legendary
*
Offline Offline

Activity: 1862


View Profile
December 30, 2013, 02:47:41 AM
 #5585


Lol, I simply flagged them and marked it as being scam/fraud

DONE>

Quote

Issue reported:
Spam or misleading > Scams / fraud
Timestamp selected:
0:36
Additional details:
This company does not honor Terms of Service for their customers.


1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
jjiimm_64
Legendary
*
Offline Offline

Activity: 1862


View Profile
December 30, 2013, 02:49:00 AM
 #5586

It's a little bit vigilante, but if everybody on this thread simply sent an e-mail with a link to this thread to the other recipients of Hashfast's 27 December e-mail, then we'd attract some other people with our interests...

"Hi, I'm also a Hashfast Batch 1 customer, and I received the same group e-mail that you did on December 27th.  Some of us think that Hashfast is giving its customers a raw deal.

In case you haven't see it already, I thought you might like to visit this thread at bitcointalk.org for more information:

https://bitcointalk.org/index.php?topic=262052.5720"

Simple as that.


Pretty sure all batch1 customers know exactly what is going on.

1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
jimbobway
Legendary
*
Offline Offline

Activity: 1398



View Profile
December 30, 2013, 02:50:07 AM
 #5587

If you ordered batch 1 you got an email confirmation.  In this email it has the word "full" as in "full refund."  Hashfast removes the word "full" from "full refund" which is not in their TOS.

Anddos
Sr. Member
****
Offline Offline

Activity: 378


View Profile
December 30, 2013, 02:54:03 AM
 #5588

You cant expect hasfast to predict when that china ban was gonna happen causing the value of btc to drop,that is what has happened here,so even tho people paid the high amount in btc you should be refunded in the same amount in btc (even if the value of btc is lower),its really not there fault at all.

fenwick
Jr. Member
*
Offline Offline

Activity: 55


View Profile
December 30, 2013, 02:54:26 AM
 #5589

If you ordered batch 1 you got an email confirmation.  In this email it has the word "full" as in "full refund."  Hashfast removes the word "full" from "full refund" which is not in their TOS.



They have changed the text of this confirmation mail later on.
In later version, it only says
Quote
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 canceled.

So they have (silently) removed the "full" part.

Not sure exactly when this happened, though.
ninjarobot
Hero Member
*****
Offline Offline

Activity: 756


Mine Silent, Mine Deep


View Profile
December 30, 2013, 02:55:51 AM
 #5590

Regarding refunds:

Payments to be made in BTC with the help of BitPay

Orders are taken in BTC, in the unlikely event we get to refunds they will be given in BTC.

Quote from: HashFast Order Confirmation on August 15, 2013 at 07:06:10 PM
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.

Seems pretty clear to me.

Now contrast that to the refund email from today:

Quote from: HashFast | Batch 1 Shipping & Refunds on December 29, 2013 at 10:35:00 AM
As orders were priced in USD, refunds will be issued in the equivalent amount of USD. If a refund is to be paid in BTC, the USD to BTC market exchange rate on the date of refund will be used to calculate the amount of BTC to be refunded.

I think 'payment' is the keyword here. Not 'pricing'. Payments were made in BTC and HashFast committed to full payment refunds in the order confirmation.
fenwick
Jr. Member
*
Offline Offline

Activity: 55


View Profile
December 30, 2013, 03:04:37 AM
 #5591

We should collect and document all the variations of the TOS that existed along the way.
For the first round, we could just collect the ones sent out in emails (there were several versions),
but then again, there are documented cases when they have sent out a different version in the email, not the one that was active on the site at the time of actual order... so we need more than that.
perezoso
Sr. Member
****
Offline Offline

Activity: 392


View Profile
December 30, 2013, 03:05:11 AM
 #5592


Sent this email to Ti-Zi



Went to my section as well.
Anddos
Sr. Member
****
Offline Offline

Activity: 378


View Profile
December 30, 2013, 03:19:28 AM
 #5593

Twiter

HashFast ‏@HashFast 27 Dec
Just did the following calculation for the Baby Jet on Eligius. At 0.33 BTC per day, that is almost 7 Bitcoins in only 21 days. Exciting!

So there not aware of the difficulty increase in 3 days from now?

How did they get .33 BTC at the current difficulty 1,180,923,195 with 430 GH?

http://www.bitcoinx.com/profit

Coins per 24h at these conditions   0.1831 BTC

They are lying again?Huh??

1. They lie about delivery dates
2. They lie about the watt usage
3. They lie about the amount of BTC it can produce

What next guys?

DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218


Gerald Davis


View Profile
December 30, 2013, 03:26:04 AM
 #5594

The sad thing is that 429 GH/s hasn't made 0.33 BTC for a very long time.  It is more like 0.18 BTC today.  Not sure if it is incompetence or just scamming up more sales that made them ignore the fact that one day pool output is boosted by luck.

So it is 0.18 BTC per day for the next couple days but it will drop to 0.126 before they even deliver.  That would last for at most 11 days and then difficulty will go up at least another 30% so reward falls to 0.082.

TL/DR

No a lackluster 429 GH/s, delivered two months late and using just as much power as KNC ( remember when they bashed them) will deliver something 2 BTC in 21 days and that is probably 1/3 to 1/2 of what it will produce in its lifetime.
RickJamesBTC
Sr. Member
****
Offline Offline

Activity: 378


View Profile
December 30, 2013, 03:30:28 AM
 #5595

.33 on 427GH... Sure thing! rofl. I feel so bad for anyone who sees one of their google ads and buys it thinking they may get something in the next few months that can make any kind of profit.
fenwick
Jr. Member
*
Offline Offline

Activity: 55


View Profile
December 30, 2013, 03:35:28 AM
 #5596

All European customer will probably have to pay customs (and also VAT) if we accept the shipment.
By now, we have arrived to the point that it's unlikely that the mined BTC will cover this.
(Even if we completely forget the price already paid!)

Now the MPP _might_ change that, but who knows when that will ship.

So it makes less and less sense to accept the delivery.
fenwick
Jr. Member
*
Offline Offline

Activity: 55


View Profile
December 30, 2013, 03:41:48 AM
 #5597

I received a reply from one of the emails I sent out stating he was a Batch 4 customer. So all customer emails have been leaked for every order up to that email, not just batch 1 customers.

Well, at least this incident can be the beginning of a strong alliance of all the disgruntled clients.
Do we have a mailing list yet?
texasaggie
Newbie
*
Offline Offline

Activity: 21


View Profile
December 30, 2013, 03:43:03 AM
 #5598

Here is their miner and now it looks like they have two working at about 1 TH; http://eligius.st/~wizkid057/newstats/userstats.php/1KSZMq1L9ZWEBKEHuW7ACXWZJYdxiTdaVt

Just if anyone cares.


BTC Tip Jar: 1QDNtSZH1iKj5Gk4Yz1mzqqTvAexgUNxCa
jspielberg
Sr. Member
****
Offline Offline

Activity: 406


View Profile
December 30, 2013, 03:47:07 AM
 #5599

.33 on 427GH... Sure thing! rofl. I feel so bad for anyone who sees one of their google ads and buys it thinking they may get something in the next few months that can make any kind of profit.

So... HF said at one point that they had 3 development module (one of which went to Ciarra for measurements with Amy).  I guess they are trying to mine as much as they can with what they have (3 modules) which is why they hashrate looks so high.  The projected 7 BTC return in the twitter feed is outright false advertising.

perezoso
Sr. Member
****
Offline Offline

Activity: 392


View Profile
December 30, 2013, 03:48:34 AM
 #5600

Do we have a mailing list yet?

I don't think anyone has attempted to assemble a complete list, but we have the means to do so between us.  Each of us received an e-mail CC'd to a portion of the complete list, ordered alphabetically by e-mail address.  We simply need to share those lists and merge them into a whole.

There are unresolved privacy concerns, however, so I guess for the time being we must rely on individuals mailing to the portion of the total whose addresses they have.  (The "Hashfast Customer Protection Union" ... can't somebody come up with a better name/acronym? ... could make this a priority.)

Alternatively, we could elect an individual, in whom we have trust, to assemble the list and keep it private.

Here is their miner and now it looks like they have two working at about 1 TH; http://eligius.st/~wizkid057/newstats/userstats.php/1KSZMq1L9ZWEBKEHuW7ACXWZJYdxiTdaVt

Just if anyone cares.



OMG.  They allow Aggies on this board?
Pages: « 1 ... 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 [280] 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 ... 586 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!