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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 864404 times)
Blazed
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December 30, 2013, 04:52:45 PM
 #5661

I always laugh when I see all the law suit threats..Has anyone ever sued BFL or Avalon??  All bark and no bite...

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jjiimm_64
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December 30, 2013, 05:27:59 PM
 #5662

I always laugh when I see all the law suit threats..Has anyone ever sued BFL or Avalon??  All bark and no bite...

I have 210 btc on the line.. you can bet that if I dont receive my rigs by midnight tomorrow...  I am canceling order and requesting all my btc back... if they do not give me all of them I WILL be taking them to court.  possibly in conjunction with other fellow coiners here.

1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
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December 30, 2013, 05:29:31 PM
 #5663

I always laugh when I see all the law suit threats..Has anyone ever sued BFL or Avalon??  All bark and no bite...

Unlike BFL, Hashfast will get sued by a few people, I think, but you are right, most of these folks will just whine while they get reamed up the ...

For many, the economics of a lawsuit don't make sense...

One reason why I've advocated for a "Hashfast Customers Protection Union"  or something to that effect... which would band together customers to deal with Hashfast in a group.

Anyways, here is Version 1.C, date 28 August, capped by me on 1 September:

http://www.scribd.com/doc/194609352/Terms-of-Sale-HashFast-Technologies
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December 30, 2013, 05:47:57 PM
 #5664

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.



Which is a stupid and useless move by HF because removing "full" from the wording DOESN'T do any shit. Refund = refund, refund is NO less than a refund.
If anyone attempts to refund less than what was originally paid it should explicitly say so as part of a contractual agreement. DUH!!

Can you imagine saying "I just fully got my Babyjet vs getting half a BabyJet. Did you fully book your cab? or just semi-book it?.
Just remember to add "full" to any action or word you say, otherwise it means that you don't really mean it. LOL!!!

Very stupid of you, HF. Shame on you!



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December 30, 2013, 07:38:55 PM
 #5665

everyone knows that scammy miner companies never go full refund....

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December 30, 2013, 07:41:53 PM
 #5666

anybody got a shipment notification so far?
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December 30, 2013, 07:56:32 PM
 #5667

anybody got a shipment notification so far?
No

me neither!
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December 30, 2013, 07:58:35 PM
 #5668

I'm surprised because i was thinking that they would have used fedex next flight to ship to as many customers as possible today. Maybe that's still the case and we just don't know yet.

If not, my legitimate conclusion is that they don't have a working product yet.

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
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December 30, 2013, 07:59:38 PM
 #5669

no, preparing for the fight.
RickJamesBTC
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December 30, 2013, 08:02:10 PM
 #5670

No tracking, no more time. Maybe they are doing a secret launch, and you will all get packages tomorrow delivered by black helicopter!
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December 30, 2013, 08:09:04 PM
 #5671

I'm surprised because i was thinking that they would have used fedex next flight to ship to as many customers as possible today. Maybe that's still the case and we just don't know yet.

If not, my legitimate conclusion is that they don't have a working product yet.

Why would they hurry to ship before the deadline? Every refund (US$ or US$->BTC converted) is direct gain for ScamFast. They can resell the miner for at least the same price, this time without the MPP. They can resell the (saved) MPP boards later for shitload more money. They are provoking us to ask for a refund, people, make no mistake about it. There will be certain amount of naive people thinking they can somehow get the full refund in the process, and they are an easy pray for HF scammers. If only 1/5 of batch #1 customers ask for a refund and save them MPP boards, multiply 110 * 4 * 2000 US$, we are talking almost a million US$ of additional income for HF. That's a chance scammers like HF won't miss. They will probably wait a week or two after the deadline, even if they have the miners, just to provoke as many refunds as they can.
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December 30, 2013, 08:11:00 PM
 #5672

That's the only difficult choice we are faced with. Either lose 85% with USD refunds, 60-70% if we accept the miners, and a 10-20% if we win the arbitration/litigation.

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
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December 30, 2013, 08:12:30 PM
 #5673

my guess is they have serious issues with the board design.
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December 30, 2013, 08:26:11 PM
 #5674

I'm surprised because i was thinking that they would have used fedex next flight to ship to as many customers as possible today. Maybe that's still the case and we just don't know yet.

If not, my legitimate conclusion is that they don't have a working product yet.

Why would they hurry to ship before the deadline? Every refund (US$ or US$->BTC converted) is direct gain for ScamFast. They can resell the miner for at least the same price, this time without the MPP. They can resell the (saved) MPP boards later for shitload more money. They are provoking us to ask for a refund, people, make no mistake about it. There will be certain amount of naive people thinking they can somehow get the full refund in the process, and they are an easy pray for HF scammers. If only 1/5 of batch #1 customers ask for a refund and save them MPP boards, multiply 110 * 4 * 2000 US$, we are talking almost a million US$ of additional income for HF. That's a chance scammers like HF won't miss. They will probably wait a week or two after the deadline, even if they have the miners, just to provoke as many refunds as they can.

They are however, in the US. The plan you described would be criminal fraud. The volume of complaints would be much much worse than BFL, since everyone sat through that one and saw just how much shit a company gets away with when you let them. Claiming to sell something with no intent to offer it. Taking money for preorders without a planned ship date or proper notifications of late shipping. It goes beyond civil claims. Get to filing the complaints, get everyone involved to file complaints all at once. California state attorney general, Kamala Harris. They respond quickly to inquiries, I've dealt with them a number of times over the years and they get results.  Federal Trade Commission. Get the complaints in, do not sign anything hashfast provides at this time.
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December 30, 2013, 08:30:47 PM
 #5675

I'm surprised because i was thinking that they would have used fedex next flight to ship to as many customers as possible today. Maybe that's still the case and we just don't know yet.

If not, my legitimate conclusion is that they don't have a working product yet.

Why would they hurry to ship before the deadline? Every refund (US$ or US$->BTC converted) is direct gain for ScamFast. They can resell the miner for at least the same price, this time without the MPP. They can resell the (saved) MPP boards later for shitload more money. They are provoking us to ask for a refund, people, make no mistake about it. There will be certain amount of naive people thinking they can somehow get the full refund in the process, and they are an easy pray for HF scammers. If only 1/5 of batch #1 customers ask for a refund and save them MPP boards, multiply 110 * 4 * 2000 US$, we are talking almost a million US$ of additional income for HF. That's a chance scammers like HF won't miss. They will probably wait a week or two after the deadline, even if they have the miners, just to provoke as many refunds as they can.

They are however, in the US. The plan you described would be criminal fraud. The volume of complaints would be much much worse than BFL, since everyone sat through that one and saw just how much shit a company gets away with when you let them. Claiming to sell something with no intent to offer it. Taking money for preorders without a planned ship date or proper notifications of late shipping. It goes beyond civil claims. Get to filing the complaints, get everyone involved to file complaints all at once. California state attorney general, Kamala Harris. They respond quickly to inquiries, I've dealt with them a number of times over the years and they get results.  Federal Trade Commission. Get the complaints in, do not sign anything hashfast provides at this time.

please can you post links to fill out formulars of CA government? thank you very much!

EDIT: HF company is not registered in CA, right? we need to fill out formulars of the other US state.
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December 30, 2013, 08:31:03 PM
 #5676

No tracking, no more time. Maybe they are doing a secret launch, and you will all get packages tomorrow delivered by black helicopter!

....or Amazon drone.

BTC Scotch fund: 1GFZos2WGknCeVgDtjpHwo3jeJ4tSLVrXS
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December 30, 2013, 08:32:11 PM
 #5677

No tracking, no more time. Maybe they are doing a secret launch, and you will all get packages tomorrow delivered by black helicopter!

....or Amazon drone.


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December 30, 2013, 08:34:47 PM
 #5678

my guess is they have serious issues with the board design.

I'm creeping towards refunding my USD purchase, especially if we don't see crap out of them first week of January.  For my order, the machines may or may not be marginally profitable (a few thousand USD in a good case), depending on the MPP fulfillment, ultimate delivery date of the BJ and upgrade board, and assuming at least a modest BTC price rise.

I've got bigger fish to fry, other things to do in life than lose hair over those @ssholes.

The fight with Hashfast that does potentially interest me - earlier delivery of greater hashpower under the MPP - doesn't seem to be the one others want to take up.

The fight most people want to fight here is to "get my bitcoins back" via a BTC refund. I understand that. It's just not the fight for me.  

No final decisions, though, for a little while.


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December 30, 2013, 09:07:52 PM
 #5679

my guess is they have serious issues with the board design.
The fight with Hashfast that does potentially interest me - earlier delivery of greater hashpower under the MPP - doesn't seem to be the one others want to take up.

@perezoso, I've been following your posts here and there is one thing I don't understand.  Why do you think that sending a "delegation" to their offices to negotiate would do any good?

Gigampz: Adapter Boards for Server Power Supplies 50% cheaper than ATX power supplies.  DPS-800GBA, DPS-1200FBA, Common Slot, CRPS, DPS-1200TBA, DPS-2000bb, Dell z750p
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December 30, 2013, 09:20:53 PM
 #5680

Are they not to be on batch 3 by now? I remember seeing get batch 3 order by christmas.
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