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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 875472 times)
GalaxyASIC
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January 01, 2014, 09:39:09 PM
 #5981

 Reason why I don't want more MPP because:
a) MPP will come too late to be useful
b) it may cost too much for HF to provide 3x of MPP i.e. 12 extra boards with chips to each customer instead of 4; and HF may not even have that many available in March/April and we will have to buy power, cases, cooling hardware and then host it for 6-12 months in the temperature controlled facility because of the heat so many systems will generate and power they will use ~5,850W (450W*13) or more - all that seems just too much monkeying around to just get our BTC back. I rather let them take on that risk of mining and have my BTC back now. I don't think that even selling equipment will return my BTC since most of the equipment will come in April-June or later

Update:
 I already got 4 people that are interested in joining my efforts to get proper compensation for Batch 1 customers
 I am contacting CEO of the HF to start negotiations on behalf of number of customer. I had conversation with him before.

HashFast REFUND ! I am a HashFast's Batch 1 customer and I want full 100% BTC refund.
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cedivad
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January 01, 2014, 09:55:42 PM
 #5982

Good luck.

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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January 01, 2014, 10:12:07 PM
 #5983

Reason why I don't want more MPP because:
a) MPP will come too late to be useful

its usefullness is a combination of delivery TIME and SIZE. that means, a well stocked MPP in June or even July could be sufficient given enough hashpower is delivered.

b) it may cost too much for HF to provide 3x of MPP i.e. 12 extra boards with chips to each customer instead of 4

no, it wont. this business is a business of high r&d costs, but all later fabrication runs are very cheap to do. as far as i can remember death&taxes provided once a good estimate of the raw costs of such a mining device and the raw chip/board costs are going down to several hundred us$. thats it.

given that they are still selling new batches, they should stem that with ease.

and HF may not even have that many available in March/April

thats just a question of the pre-order queue at the silicon producing fabric in Taiwan/SouthKorea. ordering today a rocket run could bring the chips/boards as early as march. but i dont expect them to react so swift. thats a thought process thats has to happen first and we all dont know at the moment which outcome this project will finally come up to.

i personally would expect hashfast to react as soon as the MPP is deployed and one can estimate which BTC profit/loss is to be expected. so that could be march and in march they could order enough cheap boards for may that everyone is satisfied.

and we will have to buy power, cases, cooling hardware and then host it for 6-12 months in the temperature controlled facility because of the heat so many systems will generate and power they will use ~5,850W (450W*13) or more

those chips/boards will have some serious market value, just like the chips from BFl had. nobody is forced to build/mine.

I rather let them take on that risk of mining and have my BTC back now.

as i see it, the only ones that COULD be able to get some of their BTC back are those who ordered BEFORE august 15th. cause afterwards the TOS changed and we all agreed to USD refunds. so that might be some option for you but for a majority of us here that wont be an option.
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January 01, 2014, 10:14:37 PM
 #5984

as i see it, the only ones that COULD be able to get some of their BTC back are those who ordered BEFORE august 15th. cause afterwards the TOS changed and we all agreed to USD refunds.
The TOS never mentioned USD refunds until December.

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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January 01, 2014, 10:18:15 PM
 #5985

Update:
 I already got 4 people that are interested in joining my efforts to get proper compensation for Batch 1 customers
 I am contacting CEO of the HF to start negotiations on behalf of number of customer. I had conversation with him before.


Are you a Lawyer? Asking because in a situation like this I recommend a Lawyer have the conversation with the CEO, how you say what you want to say is very important, and if the CEO is worth his salt he will get coached by his Lawyer ahead of time... Heck I suspect like any company they have someone on retainer, it's not specific to Hashfast but a reality of the market, good company or not..

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January 01, 2014, 10:28:00 PM
 #5986

What happened to the IceShil? He is nowhere to be found lately. That person deserves the scammer tag, if only he didn't successfully molested and distracted anyone who dared to speak of what may happen with HF, this all thing would be recognized much earlier. I wonder how he sleeps realizing how many people he fucked for some particular personal interest.

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perezoso
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January 01, 2014, 10:28:18 PM
 #5987

Like a herd of cats...
cedivad
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January 01, 2014, 10:29:15 PM
 #5988

@padrino, they already retained a first level silicon valley lawyer.

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
GalaxyASIC
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January 01, 2014, 10:33:58 PM
 #5989

as i see it, the only ones that COULD be able to get some of their BTC back are those who ordered BEFORE august 15th. cause afterwards the TOS changed and we all agreed to USD refunds.
The TOS never mentioned USD refunds until December.

August 25-26 TOS still had no USD refund in it
https://bitcointalk.org/index.php?topic=262052.msg4243102#msg4243102

HashFast REFUND ! I am a HashFast's Batch 1 customer and I want full 100% BTC refund.
DPoS
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January 01, 2014, 10:37:30 PM
 #5990

Like a herd of cats...

http://www.youtube.com/watch?v=Pk7yqlTMvp8


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January 01, 2014, 10:37:35 PM
 #5991

as i see it, the only ones that COULD be able to get some of their BTC back are those who ordered BEFORE august 15th. cause afterwards the TOS changed and we all agreed to USD refunds.
The TOS never mentioned USD refunds until December.

August 25-26 TOS still had no USD refund in it
https://bitcointalk.org/index.php?topic=262052.msg4243102#msg4243102

In fact it says that they would refund 'The Payment'.  It doesn't get any clearer than that.
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January 01, 2014, 11:05:57 PM
 #5992

@padrino, they already retained a first level silicon valley lawyer.

That's good news, the poster implied he was going to negotiate with the CEO himself since they have "talked" before and his language made me think we was not a Laywer

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GalaxyASIC
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January 01, 2014, 11:08:12 PM
 #5993

There was 2 prices:
one fixed in USD and another variable one in BTC, I paid one in BTC and due back one in BTC
HF could have, and other companies did, fixed price in BTC and left USD to fluctuate

HF's later amendment of the TOS to specify refund in USD is a clear indication that previous TOS had two ways for refund based on the way payment was made in USB or BTC

HashFast REFUND ! I am a HashFast's Batch 1 customer and I want full 100% BTC refund.
GalaxyASIC
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January 01, 2014, 11:21:27 PM
 #5994

I am not a lawyer, but I am working on getting one for all who want.
I am not expecting that HF CEO will talk to me beyond agreeing to have his lawyer to contact me or my lawyer.
I will not disclose who other people are who want refund, I will just talk about getting parties to talk.

HashFast REFUND ! I am a HashFast's Batch 1 customer and I want full 100% BTC refund.
perezoso
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January 01, 2014, 11:32:13 PM
 #5995

I am not a lawyer, but I am working on getting one for all who want.
I am not expecting that HF CEO will talk to me beyond agreeing to have his lawyer to contact me or my lawyer.
I will not disclose who other people are who want refund, I will just talk about getting parties to talk.

Sigh.
perezoso
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January 01, 2014, 11:35:12 PM
 #5996

What happened to the IceShil? He is nowhere to be found lately. That person deserves the scammer tag, if only he didn't successfully molested and distracted anyone who dared to speak of what may happen with HF, this all thing would be recognized much earlier. I wonder how he sleeps realizing how many people he fucked for some particular personal interest.

He was about fifteen years old.  He doesn't have a conscience yet.
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January 02, 2014, 12:23:15 AM
 #5997

What happened to the IceShil? He is nowhere to be found lately. That person deserves the scammer tag, if only he didn't successfully molested and distracted anyone who dared to speak of what may happen with HF, this all thing would be recognized much earlier. I wonder how he sleeps realizing how many people he fucked for some particular personal interest.

He was about fifteen years old.  He doesn't have a conscience yet.

He's sleeping just fine.  His name is Eduardo and he has all of our money.
perezoso
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January 02, 2014, 02:08:34 AM
 #5998

What happened to the IceShil? He is nowhere to be found lately. That person deserves the scammer tag, if only he didn't successfully molested and distracted anyone who dared to speak of what may happen with HF, this all thing would be recognized much earlier. I wonder how he sleeps realizing how many people he fucked for some particular personal interest.

He was about fifteen years old.  He doesn't have a conscience yet.

He's sleeping just fine.  His name is Eduardo and he has all of our money.

Nah, if he worked for HF, I think his name was John Scrotum.  I did some googling on John a few days ago.  Such a sad case.

He seems to have started out as an idealist, researching ecology activism, maybe even doing a little nonprofit work in Massachusetts.

Then something apparently went terribly wrong.

He moved to the Bay Area and descended into marketing porn involving women having plastic bags placed over their heads and thrust underwater while being penetrated by dangerously large objects. (And in addition to marketing apparently had his own production company too!  I wonder what kinds of sadistic torture, I mean, "entertainment" videos he produced.) 

But he's moved from capitalizing on abuse of "models".  Now he abuses his customers. He's a principal in Hashfast.

One wonders how this kind of thing happens to nice boys from Illinois.


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January 02, 2014, 02:10:17 AM
 #5999

ALWAYS BET ON iCE...

Since you like to bet, how about accepting mine?

I have 5 BTC that says HashFast will not ship a working miner containing Golden Nonce chips to even one customer in 2013.  (It has to be physical delivery.  Hosting doesn't count.)

Care to put up 5 BTC of your own against that?

I think I love you bogart.

I accepted Bogart's bet, on his conditions (ckolivas doesn't count) and even offered to double the stakes.

He has yet to respond.  I wonder why?

Your acceptance is acknowledged.  I didn't see your response at first since it came some days later and I don't frequent this thread.

No thanks on the doubled stakes.  I'd rather not tie up that much BTC.

Your bet may be rigged, as the icebeaker may in fact be the head of hashfast!! Watch out, he will ship one out just to win the bet.

Indeed there is risk involved.  I was not impressed with his waiting 5 days until new information was posted and then coming forth with "you're on."

But I already made the commitment when I first posted the proposal, so...

Bogart, has icebreaker paid his bet yet??

No, I've not heard from him.

Unfortunately I think the terms are too ambiguous for me to declare victory.  I really need to learn to write more like a lawyer.

I'd be happy to call it inconclusive with no BTC changing hands.  I'll see what he says.

"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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January 02, 2014, 03:49:38 AM
 #6000

of course he hasnt replied. icebreaker is a little bitch.
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