cypherdoc
Legendary
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Activity: 1764
Merit: 1002
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July 31, 2013, 12:08:06 AM |
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i spent the day there yesterday. got a chance to meet all the team and spent good time with Eduardo and Simon, the principals. sitting down with ppl and looking them in the eye speaks volumes.
these guys are legit and the Hashfast office is embedded within Uniquify physically. their team was hard at work. was fortunate to also speak to some of the important Uniquify ppl as well. they truly have the customer in mind first and foremost.
they are doing extraordinary things and i am looking forward to the next generation of ASIC mining.
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HashFast (OP)
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July 31, 2013, 12:15:40 AM |
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will you remain private or "ipo" to bitcoiners Good Question. I guess it would depend on whether or not we needed capital for something. We're having too much fun to discuss an exit... John
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Kouye
Sr. Member
Offline
Activity: 336
Merit: 250
Cuddling, censored, unicorn-shaped troll.
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July 31, 2013, 12:18:30 AM |
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Hi John, Care to explain the most entertaining twitter account deletion, too, please?
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[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition! I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
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HashFast (OP)
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July 31, 2013, 12:26:45 AM |
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Make sure your order queue system is extremely clear and transparent. Aside from delays, nothing causes more angst on these boards then order queue positioning. And of course delays just make it worse.
If I were I would make sure the queue system is programmed and automated and clear to the user before you take orders. (If you don't want to disclose exactly how many units are in the queue, you should do something like show a percentage: i.e. what percentage of orders are in front of you, and what % of orders has already shipped)
We hear you. We intend to be as transparent as possible about sales volume, and order queue. Also, you probably want hire someone specifically to deal with customer service.
I completely agree with you. I'm also interested in hearing what kinds of customer service issues you've experienced. John
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Kouye
Sr. Member
Offline
Activity: 336
Merit: 250
Cuddling, censored, unicorn-shaped troll.
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July 31, 2013, 12:34:50 AM |
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Hi John, Care to explain the most entertaining twitter account deletion, too, please?
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[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition! I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
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TheFuneral
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July 31, 2013, 12:52:07 AM |
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i spent the day there yesterday. got a chance to meet all the team and spent good time with Eduardo and Simon, the principals. sitting down with ppl and looking them in the eye speaks volumes.
these guys are legit and the Hashfast office is embedded within Uniquify physically. their team was hard at work. was fortunate to also speak to some of the important Uniquify ppl as well. they truly have the customer in mind first and foremost.
they are doing extraordinary things and i am looking forward to the next generation of ASIC mining.
Glad to see some Bay Area love on the boards. Keep it up Silicon Valley. Will gladly pre-order when your guys are making those for people. Would prefer to have my system hosted by you guys though instead of in my home.
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Bitcoinorama
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July 31, 2013, 01:04:12 AM |
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i spent the day there yesterday. got a chance to meet all the team and spent good time with Eduardo and Simon, the principals. sitting down with ppl and looking them in the eye speaks volumes.
these guys are legit and the Hashfast office is embedded within Uniquify physically. their team was hard at work. was fortunate to also speak to some of the important Uniquify ppl as well. they truly have the customer in mind first and foremost.
they are doing extraordinary things and i am looking forward to the next generation of ASIC mining.
Glad to see some Bay Area love on the boards. Keep it up Silicon Valley. Will gladly pre-order when your guys are making those for people. Would prefer to have my system hosted by you guys though instead of in my home. I think they're outsourcing that, from what they mentioned yesterday, Gridfinity were handling hosting... https://bitcointalk.org/index.php?topic=262052.msg2827605#msg2827605
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Make my day! Say thanks if you found me helpful BTC Address ---> 1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
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gateway
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July 31, 2013, 02:00:34 AM |
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i spent the day there yesterday. got a chance to meet all the team and spent good time with Eduardo and Simon, the principals. sitting down with ppl and looking them in the eye speaks volumes.
these guys are legit and the Hashfast office is embedded within Uniquify physically. their team was hard at work. was fortunate to also speak to some of the important Uniquify ppl as well. they truly have the customer in mind first and foremost.
they are doing extraordinary things and i am looking forward to the next generation of ASIC mining.
Yep I agree.. btw followed your link in your sig, makes my head spin like your avatar coin
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Ytterbium
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July 31, 2013, 02:11:09 AM |
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will you remain private or "ipo" to bitcoiners
I don't think any US company would ever do an IPO on one of the bitcoin stock exchanges, it's way to legally risky. Maybe in China it's a different story.
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superduh
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July 31, 2013, 02:31:58 AM |
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will you remain private or "ipo" to bitcoiners
I don't think any US company would ever do an IPO on one of the bitcoin stock exchanges, it's way to legally risky. Maybe in China it's a different story. it's happened recently AND it's ALMOST (90%+) legal now (JOBS ACT that's taking forever to implement) general solicitation is legal as of now from what i understand and sec will only be coming after actual cases of fraud. again, they would probably need to speak to a general counsel regarding this but i'm pretty sure if it's not almost legal it will be soon they can solicit bitcoins for shares of company i'm pretty sure - not sure about as far as listing them on exchanges. hmm anyways, just threw it out there
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ok
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minternj
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July 31, 2013, 02:32:48 AM |
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Can't remember, are you guys doing pre-orders or no...?
count on it.
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Ytterbium
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July 31, 2013, 02:39:20 AM |
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it's happened recently AND it's ALMOST (90%+) legal now (JOBS ACT that's taking forever to implement) general solicitation is legal as of now from what i understand and sec will only be coming after actual cases of fraud. again, they would probably need to speak to a general counsel regarding this but i'm pretty sure if it's not almost legal it will be soon they can solicit bitcoins for shares of company i'm pretty sure - not sure about as far as listing them on exchanges. hmm
The JOBS act has restrictions on how much each person can invest, and yeah it hasn't been implemented (And seriously, WTF is taking so long?) You can always create a real corporation and issue shares to "qualified investors", but in that case you have to have a certain amount of money to be able to legally invest. OTOH, if you had a foreign investor, that investor could then turn around sell portions of their shares on an exchange, but if something went wrong there wouldn't be any legal recourse. On the other hand, depending on where bitcoin prices end up these companies could very well end up traded on real stock exchanges (the same way you see gold mining stocks)
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SirWizz
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July 31, 2013, 03:13:58 AM |
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Maybe it's just me, as I don't get all the excitement... but why would anyone want to buy a 400 GH/s miner in November when you can get one in September from KNC and October from KNC/Bitfury? From what I can tell, the difficulty will rise a lot in October if everyone delivers. Unless these 400GH/s machines are half the price of a 400 GH/s KNC/Bitfury machine I don't think you'll see much of a return.
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jspielberg
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July 31, 2013, 03:17:36 AM |
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Take it as rumor now... but they could be 1/2 the price according to a newbie post (whom I speculate is a Hashfast sockpuppet). https://bitcointalk.org/index.php?topic=262052.msg2834621#msg2834621It's not a scam. It's a legitimate company - I talked with Mr.Bateman and he confirmed that 400g/h miners will be available November 2013 at $4-5k usd.
This means miners of 1 T/Hs or more will be sold for the price of one 500g/h BFL miner
When you guys get these please do not join BTC-guild that is all
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Ytterbium
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July 31, 2013, 05:26:42 AM |
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Well, if you order a KnC today it should come sometime in October.
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Flashman
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July 31, 2013, 10:11:33 AM |
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Now, you'll notice that the jump from the P4 to today is way less then the jump between the first Pentium chip and the 286. That's because thermal issues are a big deal now compared to when the first Pentium came out. That's kind of my point, a jump from prescott class technology that the gigahash level tech is on, to current process size shouldn't be worth a 100X performance increase. There's also the die size issue. HashFast may simply be making really large chips. That's what KnC plans to do, and they're planning on at least 100Ghash per chip, compared to 0.3 for the Avalon.
I'm not thinking huge chips improve their chances in any way at all with dealing with power and heat issues. KNC's "device" is odd, filtering what they have said has lead me to believe they are putting 4 dies in one package.
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TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
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Simon Barber
Newbie
Offline
Activity: 56
Merit: 0
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July 31, 2013, 02:25:31 PM |
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The problem with making less chips is that nobody will quite believe that they are not going to make more in the future, so they will be nervous at spending 1000 per chip when they might end up competing with people who paid a third of that in a couple of short months... (AM schooled a lot of people with that methinks)
The problem with making more chips is total market saturation and the whole bitcoin world pissed off at you, because it's practically holding a gun to your head and saying "Buy our chip or give up mining" because it's gonna turn everything else into doorstops in short order.
At Hashfast we know that the best thing for bitcoin is a healthy, strong mining ecosystem. We are working on a pricing and release strategy to make sure miners make money (including the smaller guys), and the ecosystem remains vibrant. Without this bitcoin is damaged, and value is lost for everyone. By releasing capacity at a limited rate and reasonable price we help defend the network against the large, centralized secret mines that are surely coming. This is the best result for everyone.
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Nemo1024
Legendary
Offline
Activity: 1680
Merit: 1014
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July 31, 2013, 02:31:45 PM |
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The problem with making less chips is that nobody will quite believe that they are not going to make more in the future, so they will be nervous at spending 1000 per chip when they might end up competing with people who paid a third of that in a couple of short months... (AM schooled a lot of people with that methinks)
The problem with making more chips is total market saturation and the whole bitcoin world pissed off at you, because it's practically holding a gun to your head and saying "Buy our chip or give up mining" because it's gonna turn everything else into doorstops in short order.
At Hashfast we know that the best thing for bitcoin is a healthy, strong mining ecosystem. We are working on a pricing and release strategy to make sure miners make money (including the smaller guys), and the ecosystem remains vibrant. Without this bitcoin is damaged, and value is lost for everyone. By releasing capacity at a limited rate and reasonable price we help defend the network against the large, centralized secret mines that are surely coming. This is the best result for everyone. Amen to that. This is the best and the most confidence-building statement so far. Thank you.
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“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.” “We are only as strong as we are united, as weak as we are divided.” “It is important to fight and fight again, and keep fighting, for only then can evil be kept at bay, though never quite eradicated.”
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NetTime
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July 31, 2013, 02:35:29 PM |
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Anxiously waiting for details on the product lineup.
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