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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 877769 times)
jspielberg
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December 31, 2013, 10:49:52 PM
 #5841


That sir, is called extortion.

Please consider deleting your false and defamatory thread accusing HashFast of mining for themselves using their customer's hardware.

Thank you,

HashFast Community Liaison

Sorry HF_CL... you can not claim the moral highroad in this fight.

I had been trying to stay and balanced in my view of HF up until it was clear in early december that your original delivery schedule was impossible.

HF employees have willfully posted false statements (or since we are bandying around legal terms... dare I say fraudulent), about progress through the original delivery start time.  They have made promises on the return of the original BTC payment explicitly and not the USD equivalent.  Those promises influenced many purchasers decisions to commit to HF and then HF completely disregarded those commitments.

You have a lot of nerve complaining about the direction the community interpreted the available information WHEN IT WAS IN YOUR POWER TO PROVIDE THE INFORMATION!!

Frankly if it weren't for third parties providing information (thank you Gateway/Steve and Wizkid), people would be going even more ballistic.

Even still we don't have final numbers on the performance of the machines... and you have started shipping?!

Don't you think there is an information gap?

Hate to break it to you ... but you reap what you sow.

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December 31, 2013, 10:52:57 PM
 #5842

Quote from: jspielberg
HF employees have willfully posted false (or since we are bandying around legal terms... dare I say fraudulent), about progress through the original delivery start time.  They have made promises on the return of the original BTC payment explicitly and not the USD equivalent.  Those promises influenced many purchasers decisions to commit to HF and then HF completely disregarded those commitments.

Just wanted to make this all loud and clear.

BTC: 184DMeGc6E7CoQVH3A9NvcCuRVRcv3wE2Y | LTC: LP4iqohSWKiws4j9jTTnqd89EEffEymsoJ
Join Cryptsy, which is now faster than ever! https://www.cryptsy.com/users/register?refid=102995
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December 31, 2013, 11:03:01 PM
 #5843

Your libelous accusation. . .

. . .to definitively repudiate your slander.

Since you're trying to play lawyer, Mr. Community Liason, which one is it? Libel or slander? They're not interchangeable terms.

The fact you are threatening and actually continuing to knowingly push a false accusation until your demands are met demonstrates you aren't making the self-mining charge in good faith.

That sir, is called extortion.

See, if you want to play lawyer, it's important to actually know what you're talking about first. Extortion is trying to get money or property which you're not entitled to from someone by means of threats to their property or family, or by falsely claiming to be entitled to it. This situation in no way resembles extortion.

Did I help you out, or otherwise say something useful? A handful of satoshis are a great way to say thanks! - Address: 18JUKdmE1Satf8HJUU3pf7iu5ymQX8AzER
stex2009
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December 31, 2013, 11:13:27 PM
 #5844

This NEW YEAR starts with bad news to some if they shipped yours.
jspielberg
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December 31, 2013, 11:18:59 PM
 #5845

This NEW YEAR starts with bad news to some if they shipped yours.

Actually at this point... getting your miner earlier is better than later since they were never going to honor the BTC refunds.  You can at least get started trying to dig out of the hole... but the MPP is where it really will matter and we still have no clarity on that yet.

amer
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December 31, 2013, 11:24:17 PM
 #5846

Please consider deleting your false and defamatory thread accusing HashFast of mining for themselves using their customer's hardware.

This is a public discussion forum and minternj posed a question. After a few pages of back and forth, the pool operator finally stepped forward and cleared your name. You made no statement of any kind until today. Now you have resolved the issue, and thank you for clarifying.

But why *delete* the thread?

Also, your point on that topic is off-topic in this particular thread, so please address any response in the appropriate thread.



More on topic: is that you long ago announced the specs for the new ASIC and confirmed that it is 400GH/s. However, in this thread you made several claims that the chip was running at 500GH/s and "way over 500GH/s". Can you please stay on topic and tell us more about the conditions used to get to these performance levels? If the chips are shipping soon, we'd like to know what we have to do to also see 500GH/s.

tips: 1amerApYUVjsKSuVUtfjxaoi7QXG7Zwao
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December 31, 2013, 11:41:55 PM
 #5847

This NEW YEAR starts with bad news to some if they shipped yours.

Unless it showed up today, it doesn't make any difference. From HashFast's Terms of Sale:

Quote
3.       DELIVERY AND QUANTITIES.

(a)     Guaranteed Baby Jet Delivery Dates – Batch 1.  All of the 550 Baby Jet units from Hashfast’s first production batch are guaranteed for delivery by December 31, 2013 [emphasis mine].  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 provide a refund for the units that Buyer purchased but did not receive and cancelled.

So unless it showed up today, HashFast is bound by the ToS to give a refund. They're ALSO bound to refund the full BTC paid by the ToS in effect at the time Batch 1 was ordered as well as the representations of their agents, but getting that out of them is likely going to involve a court fight as they've made quite clear they don't intend to honor that part of the contract.

Did I help you out, or otherwise say something useful? A handful of satoshis are a great way to say thanks! - Address: 18JUKdmE1Satf8HJUU3pf7iu5ymQX8AzER
cedivad
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December 31, 2013, 11:45:41 PM
 #5848

Nothing in court guys. They forced us to an arbitration. There will be an arbitration.

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 31, 2013, 11:47:29 PM
 #5849

Nothing in court guys. They forced us to an arbitration. There will be an arbitration.

...which they also won't win, that changes the venue and the cost somewhat, but nothing else.

Did I help you out, or otherwise say something useful? A handful of satoshis are a great way to say thanks! - Address: 18JUKdmE1Satf8HJUU3pf7iu5ymQX8AzER
tmcgough
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December 31, 2013, 11:48:02 PM
 #5850

Since HashFast never lies we should all be happy because they still say on their site
"HALF A TERAHASH/s (500 GH/s) on a single chip, while still running underclocked. "

That sounds great and you know its got to be true ;-)
cedivad
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December 31, 2013, 11:49:50 PM
 #5851

Actually i think that the arbitration point is the only one that doesn't go directly against our interests. The only problem is that it's a binding arbitration, so you have only once chance and have to make it 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
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December 31, 2013, 11:51:47 PM
 #5852

Since HashFast never lies we should all be happy because they still say on their site
"HALF A TERAHASH/s (500 GH/s) on a single chip, while still running underclocked. "

That sounds great and you know its got to be true ;-)

I reccomend someone take a screenshot of that and keep it as proof of 500ghash as if/when most of us get our units and they are only/barely 400 there will be issues
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December 31, 2013, 11:52:11 PM
 #5853

Actually i think that the arbitration point is the only one that doesn't go directly against our interests. The only problem is that it's a binding arbitration, so you have only once chance and have to make it work.
Please do keep us updated
User705
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December 31, 2013, 11:55:40 PM
 #5854

Nothing in court guys. They forced us to an arbitration. There will be an arbitration.
Hmm someone mentioned you should start arbitration long time ago.  You must like wasting money.

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defcon23
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January 01, 2014, 12:04:20 AM
 #5855

HAPPY NEW YEAR FOLKS !  Grin  BTCBTCBTCBTC

all the best to all ! ( not for hashfast )
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January 01, 2014, 12:08:14 AM
 #5856

Nothing in court guys. They forced us to an arbitration. There will be an arbitration.
Hmm someone mentioned you should start arbitration long time ago.  You must like wasting money.

Why would anyone "start arbitration long time ago [sic]"? Until there was a failure to deliver on Dec. 31 there was no claim to arbitrate.

Did I help you out, or otherwise say something useful? A handful of satoshis are a great way to say thanks! - Address: 18JUKdmE1Satf8HJUU3pf7iu5ymQX8AzER
cedivad
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January 01, 2014, 12:09:08 AM
 #5857

Why would anyone "start arbitration long time ago [sic]"? Until there was a failure to deliver on Dec. 31 there was no claim to arbitrate.
It was a really bad suggestion that i fortunately didn't followed. My ignorance could have costed me a victory to HF.

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
User705
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January 01, 2014, 12:27:53 AM
 #5858

Nothing in court guys. They forced us to an arbitration. There will be an arbitration.
Hmm someone mentioned you should start arbitration long time ago.  You must like wasting money.

Why would anyone "start arbitration long time ago [sic]"? Until there was a failure to deliver on Dec. 31 there was no claim to arbitrate.
cedivad is claiming that dec 31 was not the original promise anyways and that he already asked for a refund that was denied.  Everyone keeps bringing up laws for HF to follow but a clear arbitration clause you think doesn't apply?  Lawyers just wanted extra fees because he was going to end up in arbitration anyways before court.

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  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
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cedivad
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January 01, 2014, 12:29:29 AM
 #5859

There won't be any court after arbitration.

*let's see if people get it*

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
RickJamesBTC
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January 01, 2014, 12:33:21 AM
 #5860

Nothing in court guys. They forced us to an arbitration. There will be an arbitration.

That isn't always true. You haven't received your product, your rights as a consumer are different than if you had bought and received something under a term of sale including arbitration. Hashfast will try and ship you something, because then they have completed the sale process and you would be suing for damages because of the late shipment. That part would probably be stuck in arbitration. They may currently be guilty of criminal fraud, and the arbitration won't mean a damn thing recovering damages if they were found guilty. Anti SLAPP laws in CA will prevent them from trying to sue the victims of their breach of contract for libel.
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