HashFast announces specs for new ASIC: 400GH/s

[AussieHash]

If you ship in December - your customers will take a bath on this.
- We wont.  And we'll protect our customer's against hashrate increases.
Expect details on Monday

Thanks!

Eduardo deCastro
Founder and CEO,
HashFast Technologies

I'll hold you to that Monday timeline. (I did not receive an email or phone call from your sales dpt regarding several orders I attempted via your online shipping cart, as was posted would occur)

ADDENDUM 12/8 : Just to clarify I have not at any time received any "active chasing up" from your sales department regarding the order(s) I made via the original website, but chose not to pay at the time, as I wanted to explore non BTC payment.  I did however email and PM HF directly regarding whether i could pay with paypal or a credit card, and did receive replies from John via PM  (definitely no paypal).  Eduardo and Cyberdoc have both offered to have sales contact me immediately via phone or email.  I'm still waiting for the Monday announcement first.

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[cypherdoc]

that refers to the self righteous guys who come into the HF threads to throw around FUD about HF and accuse me of being a shill; not anything to do with a slam against KNC.

Um, you are a shill.

What do you think that word means?

from Wikipedia:

"A shill, also called a plant or a stooge, is a person who publicly helps a person or organization without disclosing that they have a close relationship with the person or organization."

seems like a negative connotation to me and not even accurate.  that's where i have a problem with it.  are you a shill by virtue of the fact that you've bought a KNC machine and may be interested in their Reseller Program?

[dropt]

from Wikipedia:

"A shill, also called a plant or a stooge, is a person who publicly helps a person or organization without disclosing that they have a close relationship with the person or organization."

I think in the sense of a literary technicality you're a shill.  I'll concur that the term (IMO) is framed around a smarmy connotation, of which I don't think you're guilty of.

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

[atomicchaos]

wow, you are one vindictive dude.  your implication was that i was the one first accusing ppl of being slimy and thus getting down into the mud with the likes of you.  i was responding to Syke, can't you read?

guys like you are having a field day walking into the HF threads and throwing your accusations around along with your FUD just cuz you know the company won't defend themselves b/c they're too busy working.  do you see me walking into the KNC thread and throwing around a bunch of FUD?  no.

i'm not an employee of the company nor do i represent them.  thus, i can deal with guys like you anyway i want. 

Bargraphics is indeed vindictive. He likes to believe that his opinion is the only right one. He's somewhat delusional, and you'll see if you check the Terrahash thread, that he defends them the same way you are defending here, yet somehow he finds fault with it. Go check out some of his past posts and you'll start to realize he isn't worth the time of day.

[cypherdoc]

wow, you are one vindictive dude.  your implication was that i was the one first accusing ppl of being slimy and thus getting down into the mud with the likes of you.  i was responding to Syke, can't you read?

guys like you are having a field day walking into the HF threads and throwing your accusations around along with your FUD just cuz you know the company won't defend themselves b/c they're too busy working.  do you see me walking into the KNC thread and throwing around a bunch of FUD?  no.

i'm not an employee of the company nor do i represent them.  thus, i can deal with guys like you anyway i want. 

Bargraphics is indeed vindictive. He likes to believe that his opinion is the only right one. He's somewhat delusional, and you'll see if you check the Terrahash thread, that he defends them the same way you are defending here, yet somehow he finds fault with it. Go check out some of his past posts and you'll start to realize he isn't worth the time of day.

thank you very much.  that was very helpful.  and he calls me bad?

https://bitcointalk.org/index.php?topic=198489.msg2913168#msg2913168

[crumbs]

...
thank you very much.  that was very helpful.  and he calls me bad?
...

Now stop it, the two of you!  You're *both* awful!

[Ytterbium]

seems like a negative connotation to me and not even accurate.  that's where i have a problem with it.  are you a shill by virtue of the fact that you've bought a KNC machine and may be interested in their Reseller Program?

What is this "may" stuff? I'm either interested or I'm not. Obviously pretty much everyone on this board has economic incentives for certain things to happen, and every comment should be read with people's economic incentives in mind. But one obvious fact is that if HashFast fails, it will mean more bitcoin for everyone who didn't pre-order for them. Everyone should read

But that said, in my view it looks like HashFast is looking to capture most or all of the profit off this, and their "investomers" will barely get anything, if they don't end up with a straight up loss. The same thing is also true for KnC - and I wouldn't even recommend people buy them now because it's not at all clear when in October you'll get your unit. The difference between October 1st and October 25th will likely be huge on the device's lifetime ROI.

Also you forgot to mention that I'm a Labcoin investor.  I kind of hope the share price goes down in the short run, since I want to get some more shares at a low price - but aside from that, unlike both KnC and HashFast customers - if labcoin succeeds then I should get a chunk of that.  Whereas pure retailers can make vast fortunes while the people who actually paid for it get hardly anything - just look at BFL, as well as people who purchased Avalon chips. Avalon and BFL still got all that money. At least in those cases it was a high risk - very high reward opportunity.   In this case it's still pretty high risk, but the potential reward is ridiculously low given all the competition. (Although obviously there's a risk with these virtual stock exchanges that people can just run off with the money)

Anyway, that's the difference between being an investor and simply paying for someone else to make a massive profit - the so-called pre-order "investomer"

[cypherdoc]

wow, you are one vindictive dude.  your implication was that i was the one first accusing ppl of being slimy and thus getting down into the mud with the likes of you.  i was responding to Syke, can't you read?

guys like you are having a field day walking into the HF threads and throwing your accusations around along with your FUD just cuz you know the company won't defend themselves b/c they're too busy working.  do you see me walking into the KNC thread and throwing around a bunch of FUD?  no.

i'm not an employee of the company nor do i represent them.  thus, i can deal with guys like you anyway i want. 

Bargraphics is indeed vindictive. He likes to believe that his opinion is the only right one. He's somewhat delusional, and you'll see if you check the Terrahash thread, that he defends them the same way you are defending here, yet somehow he finds fault with it. Go check out some of his past posts and you'll start to realize he isn't worth the time of day.

thank you very much.  that was very helpful.  and he calls me bad?

https://bitcointalk.org/index.php?topic=198489.msg2913168#msg2913168

Did you really just post a link to a troll suggesting that I get paid by Terrahash?

You are a piece of work, truly. By the same methods of deduction I would also be getting paid by HashFast since I also visited them the day after I visited Terrahash.

You really need to get a clue.

nope.  i'm just trying to highlight your obstreperous behavior to those other than just me.

[cypherdoc]

seems like a negative connotation to me and not even accurate.  that's where i have a problem with it.  are you a shill by virtue of the fact that you've bought a KNC machine and may be interested in their Reseller Program?

What is this "may" stuff? I'm either interested or I'm not. Obviously pretty much everyone on this board has economic incentives for certain things to happen, and every comment should be read with people's economic incentives in mind. But one obvious fact is that if HashFast fails, it will mean more bitcoin for everyone who didn't pre-order for them. Everyone should read

But that said, in my view it looks like HashFast is looking to capture most or all of the profit off this, and their "investomers" will barely get anything, if they don't end up with a straight up loss. The same thing is also true for KnC - and I wouldn't even recommend people buy them now because it's not at all clear when in October you'll get your unit. The difference between October 1st and October 25th will likely be huge on the device's lifetime ROI.

Also you forgot to mention that I'm a Labcoin investor.  I kind of hope the share price goes down in the short run, since I want to get some more shares at a low price - but aside from that, unlike both KnC and HashFast customers - if labcoin succeeds then I   should get a chunk of that.  Whereas pure retailers can make vast fortunes while the people who actually paid for it get hardly anything - just look at BFL, as well as people who purchased Avalon chips. Avalon and BFL still got all that money. At least in those cases it was a high risk - very high reward opportunity.   In this case it's still pretty high risk, but the potential reward is ridiculously low given all the competition.

Anyway, that's the difference between being an investor and simply paying for someone else to make a massive profit.

as long as we can stay away from name calling or spurious allegations of fraud or this or that i'm certainly willing to listen to your opinion.  there's alot of good logic in what you have to say.  if i were you, i would demand certain answers from the principals involved about their refund policy.  i'm interested in hearing the answers too.

i guess the only thing i'm saying is that i am aware of certain features of their program which haven't yet been revealed in a detailed manner that have the potential to make you very happy.  just give them a chance to explain.  i'm pushing them to get this stuff out to you guys asap.

[dan99]

cypherdoc is a shill very likely or get paid being a shill

[cypherdoc]

as an example, this afternoon i told Simon that he should put the Dec 31 refund policy into the T & A as one of you nicely spotted as being conspicuously absent.  i told him not to bother reopening the shopping cart until he does this as the contradiction in terms would be more harmful than good.

whether he listens or not, i don't know.

[MrHempstock]

cypherdoc is a shill very likely or get paid being a shill

that refers to the self righteous guys who come into the HF threads to throw around FUD about HF and accuse me of being a shill; not anything to do with a slam against KNC.

Um, you are a shill.

What do you think that word means?

from Wikipedia:

"A shill, also called a plant or a stooge, is a person who publicly helps a person or organization without disclosing that they have a close relationship with the person or organization."

seems like a negative connotation to me and not even accurate.  that's where i have a problem with it.  are you a shill by virtue of the fact that you've bought a KNC machine and may be interested in their Reseller Program?

Ok, dumbass.

[Loredo]

Stopped in here to see if anything is new, and find this pissing contest going on about who or what is or isn't a shill.

Might this help out some people?  Look at that wiki definition" "A shill ... is a person who publicly helps ... without disclosing that they have a close relationship."

The first post cypherdoc made regarding Hashfest was on a thread he started, where on the first post, he disclosed he was making an endorsement, and was getting compensated for doing so.

Any better?

[Bitcoinorama]

cypherdoc is (mostly) to Hashfast what Bitcoinorama is (mostly) to KNCminer.

You're welcome.

No. Just no.

[Loredo]

cypherdoc is (mostly) to Hashfast what Bitcoinorama is (mostly) to KNCminer.

You're welcome.

No. Just no.

No. 

The first time I ever ran into a real shill was many years ago in Las Vegas, there for a conference with someone whose cousin worked for a casino as a gaming floor manager.  He brought along two girls to have dinner with us.  They were professional backjack shills.  They were very good looking, very well dressed.  If a table was empty, they would go sit at it, and start playing with the House's money.  The ploy was to get guys to come over and start to play, to try to hit on them.

It worked.

These hardware companies should take that as a lesson.

[MrHempstock]

cypherdoc is (mostly) to Hashfast what Bitcoinorama is (mostly) to KNCminer.

You're welcome.

No. Just no.

I'm amazed you don't agree. /Sarcasm

The "mostly" was thrown in for a reason. The post itself was directed at the blind defensibility you both suffer from. With that being said, I do appreciate what you brought to the table in the KNCminer thread. Hell, I've purchased several shares of a GB on a Jupiter. The reason I even came in this thread was to see if I wanted to do the same with Hashfast.

The preceding pissing contest is what I found, hence the post.

And you're still welcome.

[jspielberg]

The first time I ever ran into a real shill was many years ago in Las Vegas, there for a conference with someone whose cousin worked for a casino as a gaming floor manager.  He brought along two girls to have dinner with us.  They were professional backjack shills.  They were very good looking, very well dressed.  If a table was empty, they would go sit at it, and start playing with the House's money.  The ploy was to get guys to come over and start to play, to try to hit on them.

It worked.

These hardware companies should take that as a lesson.

No one would believe that a "real" girl was hanging out in the custom hardware section of bitcoin talk forums praising the merits of asic minex X... I think the closest we are going to get is an effeminate guy.  Just sayin'

[Bitcoinorama]

cypherdoc is (mostly) to Hashfast what Bitcoinorama is (mostly) to KNCminer.

You're welcome.

No. Just no.

No.  

The first time I ever ran into a real shill was many years ago in Las Vegas, there for a conference with someone whose cousin worked for a casino as a gaming floor manager.  He brought along two girls to have dinner with us.  They were professional backjack shills.  They were very good looking, very well dressed.  If a table was empty, they would go sit at it, and start playing with the House's money.  The ploy was to get guys to come over and start to play, to try to hit on them.

It worked.

These hardware companies should take that as a lesson.

Well I've been told I'm good looking, and I noticed you wrote 'very well dressed', and not 'wearing a dress', so far so good.

(Are you trying to recruit me...)

[MrHempstock]

Stopped in here to see if anything is new, and find this pissing contest going on about who or what is or isn't a shill.

Might this help out some people?  Look at that wiki definition" "A shill ... is a person who publicly helps ... without disclosing that they have a close relationship."

The first post cypherdoc made regarding Hashfest was on a thread he started, where on the first post, he disclosed he was making an endorsement, and was getting compensated for doing so.

Any better?

That's a longer way to put my previous post, I guess. Good work.

I personally have no real issue with either one of them except they chose to blow each other in the thread instead of in PMs.

[jspielberg]

The first time I ever ran into a real shill was many years ago in Las Vegas, there for a conference with someone whose cousin worked for a casino as a gaming floor manager.  He brought along two girls to have dinner with us.  They were professional backjack shills.  They were very good looking, very well dressed.  If a table was empty, they would go sit at it, and start playing with the House's money.  The ploy was to get guys to come over and start to play, to try to hit on them.

It worked.

These hardware companies should take that as a lesson.

Well I've been told I'm good looking, and I noticed you wrote 'very well dressed', and not 'wearing a dress', so far so good.

(Are you trying to recruit me...)

Being "good looking" and "seeing well" are too different things.