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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 864406 times)
dropt
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March 31, 2014, 06:11:51 AM
 #8741

I don't "know" much of anything about scamfast's financials, but someone posted a btc addy just a few pages back with 3k btc in it. I know that *I* sent those thieves over 51Btc for a $6000 product and that payment is worth several times that now, same with the bj sales way back in August/September. If they can screw that up and run out of money while selling designs to a bunch of other scams then there's not much that can be done.

Exactly, and therein lies the problem.  For all we know that 3k address is some HF employee's address who elected to be paid in coins over fiat.  Wouldn't that be convenient?  Wink
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March 31, 2014, 06:27:58 AM
 #8742

That's the problem with all these scammy companies. They lie endlessly and nobody knows anything for certain, except them, and they're dishonest.

They don't get the benefit of the doubt anymore, that time is over. Now they're selling equipment and designs to kslaughter...another scammer, rather than delivering to their own customers. They have a pile of chips and could just tell the truth. Something like:

"Hey guys we suck. We're broke, and can't make your shit anymore, but here's the board design and the chips you paid for, please use them to get your machines built."

While that would suck at least it would give their victims some relief, but they're instead trying to get me to agree to another delay. Scammy. Just like when they tried to get b1 victims to give up their rights to refunds. This company is staffed by a bunch of snakes.


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March 31, 2014, 08:07:15 AM
 #8743

HF decides to screw their customers at every opportunity they get. Why?

Simple answer?  They're broke.  They have chips they've paid for, but they do not have the capital to manufacture and ship complete miners... That's my guess anyways.

That would be my guess too but I don't understand how they can be broke after all the pre-order money they took for their first Gen boards and now their second Gen boards. And they were supposed to have had angel investors that paid for part of the development.

Perhaps their new lawyer is more expensive than initially provisioned? Or it's a choice to ride this one out in court, as obviously there is no way they can ever please their initial customers. There are many ways they can syphon off the chip development IP to a new company and keep all the debt and obligations in the old one.

Edit: Is anybody adding up how many of their excess chips they have sold off? Active Mining talks about 5000 chips. I thought I saw earlier a price for the chips in the black miner thread, was it USD 700 for one chip? Can anybody correct me?

That would mean for Active Mining over USD 3 million

This would mean a considerable amount of new money flowing in since the beginning of this year?
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March 31, 2014, 08:13:00 AM
 #8744

"BROKE"

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March 31, 2014, 08:26:23 AM
 #8745

HF decides to screw their customers at every opportunity they get. Why?

Simple answer?  They're broke.  They have chips they've paid for, but they do not have the capital to manufacture and ship complete miners... That's my guess anyways.

They obviously did not have a good plan given all of their failures.

Scammers will scam.

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March 31, 2014, 08:40:21 AM
 #8746

They obviously did not have a good plan given all of their failures.
Scammers will scam.

And add to favs tweets from other scammers:
https://twitter.com/vessenes/status/449911717288759296
Posted from Bitcointa.lk - #jAIcuXH4vUBAN7Fq

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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March 31, 2014, 09:04:57 AM
 #8747

That's the problem with all these scammy companies. They lie endlessly and nobody knows anything for certain, except them, and they're dishonest.
The fact that they will be trying it doesn't really mean that you have to let them do it.
Posted from Bitcointa.lk - #cw5RAUPbWrShHfnn

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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March 31, 2014, 09:34:14 AM
 #8748

http://newsbtc.com/2014/03/27/heres-list-organizations-exhibiting-inside-bitcoins-new-york/

7-8th of April. I guess that on their way back to the Pacific they will stop by in Texas the 9th for that hearing.
Posted from Bitcointa.lk - #utcCVcU0tIFW0Xm3

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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March 31, 2014, 10:04:47 AM
 #8749

This might be a bit of a silly question but, this TRO against hashfast, will it stop orders from being dispatched?

No, it shouldn't.  You can go read it yourself, but my understanding of it is it only covers an amount of BTC and USD that would be needed to refund the orders of that particular customer.  It doesn't freeze all of their assets or anything like that.

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March 31, 2014, 10:08:32 AM
 #8750

We are all looking forward for them to reply to you, Pete Smiley
Posted from Bitcointa.lk - #Vrx1ARpz5cQcd2T8

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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March 31, 2014, 04:02:34 PM
 #8751

https://twitter.com/HashFast/status/450658156750704640
Posted from Bitcointa.lk - #dQ75s1cIhT76F5z5

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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March 31, 2014, 04:07:13 PM
 #8752

<sigh>

This company is pathetic. They should just merge with bfl and cointerra and make one big crap sandwich of a company.


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March 31, 2014, 04:08:04 PM
 #8753

https://twitter.com/HashFast/status/450658156750704640
Posted from Bitcointa.lk - #dQ75s1cIhT76F5z5

Code:
A plaintiff that never purchased any products from Hashfast Technologies
was granted a TRO from the Tarrant County District Court, Texas.

Is there any clear evidence around that makes that statement a lie? A receipt maybe?

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March 31, 2014, 04:11:55 PM
 #8754

Is there any clear evidence around that makes that statement a lie?
Yes, just read the court documents.
It was a group buy and they used John K. as escrow, John signed the rights to the group buy managers, and HF is claiming that they never bought from HF.

http://www.reddit.com/r/Bitcoin/comments/21u55z/tro_response_from_hashfast/
Posted from Bitcointa.lk - #aoNphDuGedUjgwWp

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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March 31, 2014, 04:14:12 PM
 #8755

LAUGHABLE.

These guys and the semantics. If you are that slick and trying to wiggle out then good luck getting the money.

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March 31, 2014, 04:16:17 PM
 #8756

https://twitter.com/HashFast/status/450658156750704640
Posted from Bitcointa.lk - #dQ75s1cIhT76F5z5

Code:
A plaintiff that never purchased any products from Hashfast Technologies
was granted a TRO from the Tarrant County District Court, Texas.

Is there any clear evidence around that makes that statement a lie? A receipt maybe?

It uses the word "purchased". Did cypher ever obtain anything of value from hashfast?

pur-chased:

Quote
to acquire by the payment of money or its equivalent; buy.

http://dictionary.reference.com/browse/purchased?s=t

I haven't "purchased" anything from hashfast either by that definition.

In other news, the word "is" has been redefined once again by the greatest legal minds of our generation.



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March 31, 2014, 04:16:41 PM
 #8757

I wonder how they actually got in contact with HF. They don't even respond to their emails or phone calls anymore.


 
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solarion
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March 31, 2014, 04:19:25 PM
 #8758

Yeah they stopped loving us. Think it was right about the time we paid them.


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Bicknellski
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March 31, 2014, 04:26:21 PM
 #8759

https://twitter.com/HashFast/status/450658156750704640
Posted from Bitcointa.lk - #dQ75s1cIhT76F5z5

Code:
A plaintiff that never purchased any products from Hashfast Technologies
was granted a TRO from the Tarrant County District Court, Texas.

Is there any clear evidence around that makes that statement a lie? A receipt maybe?

It uses the word "purchased". Did cypher ever obtain anything of value from hashfast?

pur-chased:

Quote
to acquire by the payment of money or its equivalent; buy.

http://dictionary.reference.com/browse/purchased?s=t

I haven't "purchased" anything from hashfast either by that definition.

In other news, the word "is" has been redefined once again by the greatest legal minds of our generation.



LOL Classique!

Dogie trust abuse, spam, bullying, conspiracy posts & insults to forum members. Ask the mods or admins to move Dogie's spam or off topic stalking posts to the link above.
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March 31, 2014, 04:29:43 PM
 #8760

If you hate HashFast as much as I do, and want to help get the word out there, I invite you to comment on my blog at http://miningcoins.com/ and give me some social media love.  MiningCoins.com has basically turned into my personal outlet to get the truth out about HF there to the general public.  

I am an early Batch 1 customer that sent HashFast about 75 BTC and have received 1 Baby Jet.
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