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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 875470 times)
perezoso
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February 02, 2014, 07:39:26 AM
 #8001

From what I get some of Hashfast batch#1 customers are content with getting something in the mail despite not getting restitution based on what the original terms of the transaction were (BTC terms).

For those of us in batch 1 that didn't try to refund, we've mostly gotten hardware in the last few days.  So the priority is to get that hardware up and hashing reliably, and to start understanding its idiosyncrasies.  So people are focused on that.  Nuts and bolts issues.

But all the other issues haven't gone away, especially the MPP. These BJs alone are not going to ROI, even for USD purchasers.  People are just focused elsewhere, trying to get their hashing operation in order.  They'll be back here soon, probably more focused than even on the MPP.
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GET IN - Smart Ticket Protocol - Live in market!


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February 02, 2014, 08:46:34 AM
 #8002

Food for thought:

This is going to be a bigger mess if...

1: The court finds that you "spent customers money" to hire lawyers. (That is not an "acceptable use of customer/investor funds".)
2: They find you in contempt of "placing customers at risk", by "spending money on risky things". (Like buying hardware that you are not even sure will function, or is required, or has not been "approved for use".)
3: Refused ANY "reasonable" refund, at any point in time.
4: Attempted to "hide", or "disassociate", critical contact information, or "pretend" to "be bankrupt". (Announce you are closing shop, and walk away without having filed a lawful claim first.)

You can't just "pretend to be a business". If you "claim to be a business", or attempt to "operate like a business", you usually need the proper license and protections that most businesses are required to have. (For "consumer protection.")

You can not operate as a "high-risk" or "high-loss", investment broker, without the proper license. (When you spend others money, for goods and services that "might not work, or have risk and high losses", that makes you a broker of technology. That makes the customer an "investor", who, at least, "needs to be informed that any and all funds are not secured and can be potentially lost." Since that is not a normal assumption for a "customer" buying from a "business/store/shop".)

Takes more than a single idea to make a business. However, it only takes a single idea to ruin an imaginary business.

Next time, start with hiring a lawyer. Then invest your own money in the foundation. Then secure customers funds, and use that secured funds to initiate a loan for the actual building of things. At no point in time, should you have EVER used the customers money directly, to pay for things. Which includes spending customers money to hire lawyers. (Which you will have to prove to a judge, now that I said it.)
Different company, same application of logic?


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minternj
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February 02, 2014, 04:40:39 PM
 #8003

From what I get some of Hashfast batch#1 customers are content with getting something in the mail despite not getting restitution based on what the original terms of the transaction were (BTC terms).

For those of us in batch 1 that didn't try to refund, we've mostly gotten hardware in the last few days.  So the priority is to get that hardware up and hashing reliably, and to start understanding its idiosyncrasies.  So people are focused on that.  Nuts and bolts issues.

But all the other issues haven't gone away, especially the MPP. These BJs alone are not going to ROI, even for USD purchasers.  People are just focused elsewhere, trying to get their hashing operation in order.  They'll be back here soon, probably more focused than even on the MPP.

No, we are not content.

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
jspielberg
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February 02, 2014, 05:14:42 PM
 #8004

I would say most of us BTC B1-ers have gone through the stages of grief and are now at acceptance.

I think a few were holding out hope that they would be prompt with the MPP once they started shipping in bulk. 

Phinnaeus Gage
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February 02, 2014, 05:28:28 PM
 #8005

Well, a big "f*ck you" to Hashfast for figuring out another way to screw batch-1 customers even more. They shouldn't be doing anything at all with subsequent batches before honoring all commitments to batch-1, like the damn MPP that got us all to buy from them and fund the operation in the first place. The same MPP that they now refuse to give any shipment-timeframe information about.

I think we all lost.  I paid 22 BTC for a miner that's going to return me 3.3 BTC.

Equating to 0.15NROI. To paraphrase the late Bob Stupak: You'll lose on every order, but'll make it up on volume.

MrTeal
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February 02, 2014, 06:23:20 PM
 #8006

A really big FU batch 1 customers if they're shipping batch 2, considering I haven't heard a peep about my Batch 1 order that was in the first 125 BabyJet's ordered and have not had any reply to my emails and calls about it in 10 days trying to get information on it.
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February 02, 2014, 06:55:13 PM
 #8007

A really big FU batch 1 customers if they're shipping batch 2, considering I haven't heard a peep about my Batch 1 order that was in the first 125 BabyJet's ordered and have not had any reply to my emails and calls about it in 10 days trying to get information on it.

After reading your post, I don't feel as bad for paying for next day shipping and getting 4 day shipping. I feel very bad for you.

BTC Scotch fund: 1GFZos2WGknCeVgDtjpHwo3jeJ4tSLVrXS
gmaxwell
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February 03, 2014, 02:50:06 AM
 #8008

A really big FU batch 1 customers if they're shipping batch 2, considering I haven't heard a peep about my Batch 1 order that was in the first 125 BabyJet's ordered and have not had any reply to my emails and calls about it in 10 days trying to get information on it.
They've also gone completely unresponsive to me and are ignoring all attempts at communication.

Bitcoin will not be compromised
freddyfarnsworth
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February 03, 2014, 02:53:02 AM
 #8009

A really big FU batch 1 customers if they're shipping batch 2, considering I haven't heard a peep about my Batch 1 order that was in the first 125 BabyJet's ordered and have not had any reply to my emails and calls about it in 10 days trying to get information on it.
They've also gone completely unresponsive to me and are ignoring all attempts at communication.

I think at this time they have gotten downright foolish.

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joshv06
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February 03, 2014, 03:05:15 AM
 #8010

So what's going to happen with our Upgrades and MPP?


 
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Phinnaeus Gage
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February 03, 2014, 03:26:34 AM
 #8011

A really big FU batch 1 customers if they're shipping batch 2, considering I haven't heard a peep about my Batch 1 order that was in the first 125 BabyJet's ordered and have not had any reply to my emails and calls about it in 10 days trying to get information on it.
They've also gone completely unresponsive to me and are ignoring all attempts at communication.

That's a shame, gmax, for this used to be my favorite thread. At least I still have Black Arrow until they, too, go totally Zeno on us, viz. that contrary to the evidence of one's senses, the belief in plurality and change is mistaken, and in particular that motion is nothing but an illusion.

To think that I was considered the nut in this thread, and it wasn't because of my hazel eyes, albeit they were used to help uncover this motley crew of crackpots.

Later, bud, with apologies for sometimes posting off-topic on this thread.

<image of seven-eye camel, yet-to-be-sourced, goes here>

~TMiBTCITW
ninjarobot
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Mine Silent, Mine Deep


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February 03, 2014, 03:37:55 AM
 #8012

So what's going to happen with our Upgrades and MPP?

Good question. When it comes to MPP I don't think HF gave a 'guaranteed' delivery date. So likely they are prioritizing all batches with guaranteed delivery dates to avoid refunds and/or legal action from customers.

In other words, HF does what is good for HF and the customer be damned.
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February 03, 2014, 05:15:11 AM
 #8013

HAshfast has made the biggest bitcoin fraude in the history. 2013-2014 is the jear from hashfast, the biggest lieers and the lackest support? I mean support?? THere is no support. It is so bad arround there.

Actually, when Black Arrow finally goes dark, they will be the biggest, since having a dozen plus resellers in place, along with security and hosting firms continuing to accept pre-orders from investomers all based on vaporware.
toothpick
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February 03, 2014, 10:44:32 AM
 #8014

Would someone who has confirmed shipping from batch 2 (sierra) mind posting their order number so I can get a feel for where they are in the shipping queue? I've got to know what day it will arrive so I can schedule off work. I know chances of getting HF to tell me are 0%..... thank you!
Legend21
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February 03, 2014, 02:34:34 PM
 #8015

I want my refund back, but they react 0% , unbelieveble.


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perezoso
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February 03, 2014, 05:38:47 PM
 #8016

Would someone who has confirmed shipping from batch 2 (sierra) mind posting their order number so I can get a feel for where they are in the shipping queue? I've got to know what day it will arrive so I can schedule off work. I know chances of getting HF to tell me are 0%..... thank you!

The optimist inside me wants to say that late this week they are going to start shipping Batch 2 (they were confirming addresses), but NOT before they at least simultaneously do SOMETHING to address the MPP and upgrade board situation.
cedivad
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February 03, 2014, 07:49:41 PM
 #8017

I missed this ... (i don't really care about competitors' twitter feeds)



@ BTC Miami, i guess.

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
dropt
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February 03, 2014, 08:01:34 PM
 #8018

Would someone who has confirmed shipping from batch 2 (sierra) mind posting their order number so I can get a feel for where they are in the shipping queue? I've got to know what day it will arrive so I can schedule off work. I know chances of getting HF to tell me are 0%..... thank you!

The optimist inside me wants to say that late this week they are going to start shipping Batch 2 (they were confirming addresses), but NOT before they at least simultaneously do SOMETHING to address the MPP and upgrade board situation.

I'm not sure about the upgrades, but they probably DGAFF about your MPP.  They want orders off the books, and right now B2 is a bigger liability than the MPP, which was not included/addressed in the ToS you agreed to.
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February 03, 2014, 08:31:28 PM
 #8019

Would someone who has confirmed shipping from batch 2 (sierra) mind posting their order number so I can get a feel for where they are in the shipping queue? I've got to know what day it will arrive so I can schedule off work. I know chances of getting HF to tell me are 0%..... thank you!

The optimist inside me wants to say that late this week they are going to start shipping Batch 2 (they were confirming addresses), but NOT before they at least simultaneously do SOMETHING to address the MPP and upgrade board situation.

I'm not sure about the upgrades, but they probably DGAFF about your MPP.  They want orders off the books, and right now B2 is a bigger liability than the MPP, which was not included/addressed in the ToS you agreed to.
Their biggest problem with the MPP is that it's an irrevocable "admission" by the company that they were aware of the true liability of a delayed delivery when they accepted the orders. No play on incompetence can help them there. Their strategy is likely to hold early customers in suspense all long as they can and fulfill all other contract obligations and starting switching into safer and safer contracts as the business proceeds.

I can't speak for all customers, but I can say that a few of them a very principled, so we may see trials one way or the other (unless the payoff by HF creates too large an incentive to not take this to court).

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
Micky25
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February 03, 2014, 08:37:43 PM
 #8020

I'm not sure about the upgrades, but they probably DGAFF about your MPP.  They want orders off the books, and right now B2 is a bigger liability than the MPP, which was not included/addressed in the ToS you agreed to.
^ This, MPP is their least concern.
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