HashFast announces specs for new ASIC: 400GH/s

[Wesly]

The Terms of Sale you have agreed to ( https://hashfast.com/checkout/terms-of-sale/ )

In particular:

"(a) Guaranteed Baby Jet Delivery Dates – Batch 1. All of the 550 Baby Jet units from Hashfast’s first production batch are guaranteed for delivery by December 31, 2013"

"(b) Guaranteed Baby Jet Delivery Dates – Batch 2. All of the 550 Baby Jet units from Hashfast’s second production batch are guaranteed for delivery by February 28, 2014."

You're welcome.

Thank you for misinterpreting the point of that article 3(a). It concerns refunds, complete quote:

3. DELIVERY AND QUANTITIES.
(a) Guaranteed Baby Jet Delivery Dates – Batch 1. All of the 550 Baby Jet units from Hashfast’s first production batch are guaranteed for delivery by December 31, 2013. If Buyer ordered one or more units of such Baby Jets, and Hashfast does not deliver such units by that date, then Buyer may cancel the undelivered portion of the order at Buyer’s request and Hashfast will refund the payment for the units that Buyer purchased but did not receive and cancelled. This cancellation and refund is Buyer’s sole and exclusive remedy for Hashfast failing to deliver by the December 31, 2013 guaranteed delivery date. To avail itself of this remedy, Buyer must cancel the order before such unit(s) are delivered by Hashfast, and in any case before March 31, 2014.

The delivery date, which was part of product description, is end of October. It's the most important specification of the product together with hashrate. HF never denied that.

Actually I think crumb made a good point for once   The terms clearly stated "cancellation and refund is Buyer's sole and exclusive remedy for Hashfast failing to deliver by the December 31, 2013 guarantee delivery date." and you can't request for cancellation/refund unless Hashfast fail to deliver by that date.

Someone posted screen shot of the original Baby Jet description, it stated "Shipments begin October 20-30".  So I guess as long as they ship just 1 Baby Jet by Oct 30th (to cypherdoc) then they will satisfy that condition and have until December 31st to deliver the rest of B1 Baby Jets.  But that's assuming if that description is even valid, as they later changed it to say "Shipments anticipated to begin..".  What does your email order confirmation say?  Does it provide any shipment date?  If so, did it say shipments begin, shipments anticipated to begin or guarantee delivery date?

Baby Jet product page updated just now:

• Wording changed from "Shipments begin October 20-30" to "Shipments anticipated to begin: October 20-30"
• The stock count just jumped around 100! 
• New single chip mock-up image

Stock count jumping was either HF testing the shopping cart and using up sales 100 times, or upping their first batch from 550 to 650 units...

Before:


After:

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[DPoS]

 

[Puppet]

yes, now you cannot get ROI at all without MPP. Be interesting to see how that plays out.

How do you think MPP is going to save your ROI? For about the same price as the hardware, MPP gives you 4x the hashrate >3 months later.    
THe network currently is more than doubling each month. As long as that keeps up, three months later means less than 1/8th the revenue per GH.  

ALso note HF is not promising anything about when it will ship the MPP modules other than it will after 3 months. Could be 3, 6 or 12 months for all I know.
..
You would have been far better off buying twice the hardware without MPP.

[cedivad]

Guys, i've yet to understand to what date we have to sum this week of delay to. 17 of october? 25 of october? 30 of october?
And what's this expensive (for our pockets) component? Are you running out of capacitors? (avalon did, remember?)

Up.

Up. Plus:



Please tell me that there is a good reason to put the PSU air intake there, in a spot that once in a rack, no air can come trough.

And if such a good reason doesn't exist, i HAVE to conclude that it is only a rendering of a non existing case for something that will not ship anytime soon done and approved from people that doesn't have any idea of what they are doing.

[crumbs]

...
just to clarify this, Eduardo CEO ok'd me releasing this Oct 17 date.  unfortunately, it represented the earliest, most optimistic date of the estimated window and it turns out this wasn't met.

... Someone posted an optimistic date, one I personally did not approve of nor condone. (Sorry, cypherdoc.)
...

*The "optimistic date" was not contested until it was blown.  Either Edwardo the CEO has lied to you, or you get confused when trying to distinguish "earliest" from "latest."
Either way, GTF under the bus!

[Puppet]

And if such a good reason doesn't exist, i HAVE to conclude that it is only a rendering of a non existing case for something that will not ship anytime soon done and approved from people that doesn't have any idea of what they are doing.

At least they conveniently put the on/off switch somewhere... out of reach.

[cypherdoc]

Guys, i've yet to understand to what date we have to sum this week of delay to. 17 of october? 25 of october? 30 of october?
And what's this expensive (for our pockets) component? Are you running out of capacitors? (avalon did, remember?)

Up.

Up. Plus:



Please tell me that there is a good reason to put the PSU air intake there, in a spot that once in a rack, no air can come trough.

And if such a good reason doesn't exist, i HAVE to conclude that it is only a rendering of a non existing case for something that will not ship anytime soon done and approved from people that doesn't have any idea of what they are doing.

Those are psu exhaust openings on the side.

[cypherdoc]

And if such a good reason doesn't exist, i HAVE to conclude that it is only a rendering of a non existing case for something that will not ship anytime soon done and approved from people that doesn't have any idea of what they are doing.

At least they conveniently put the on/off switch somewhere... out of reach.

The back is out of reach?

[crumbs]

Guys, i've yet to understand to what date we have to sum this week of delay to. 17 of october? 25 of october? 30 of october?
And what's this expensive (for our pockets) component? Are you running out of capacitors? (avalon did, remember?)

Up.

Up. Plus:



Please tell me that there is a good reason to put the PSU air intake there, in a spot that once in a rack, no air can come trough.

And if such a good reason doesn't exist, i HAVE to conclude that it is only a rendering of a non existing case for something that will not ship anytime soon done and approved from people that doesn't have any idea of what they are doing.

Those are psu exhaust openings on the side.

Looo!!  Cypher, have you opened a 'puter box open IRL?  Not only is that an intake, but reversing teh fan would only make things worse, with PS sucking in the hot exhaust.  If the intake on the side is blocked off by rack walls (it isn't, most racks don't block the sides), so would the exhaust  

[cypherdoc]

Guys, i've yet to understand to what date we have to sum this week of delay to. 17 of october? 25 of october? 30 of october?
And what's this expensive (for our pockets) component? Are you running out of capacitors? (avalon did, remember?)

Up.

Up. Plus:



Please tell me that there is a good reason to put the PSU air intake there, in a spot that once in a rack, no air can come trough.

And if such a good reason doesn't exist, i HAVE to conclude that it is only a rendering of a non existing case for something that will not ship anytime soon done and approved from people that doesn't have any idea of what they are doing.

Those are psu exhaust openings on the side.

Looo!!  Cypher, have you opened a 'puter box open IRL?  Not only is that an intake, but reversing teh fan would only make things worse, with PS sucking in the hot exhaust.  If the intake on the side is blocked off by rack walls (it isn't, most racks don't block the sides), so would the exhaust

No. Simon and I have talked specifically about this. Those are exhaust openings in the sides. In fact, one has to make provisions for this in their rack selection.

[Puppet]

The back is out of reach?

You've never seen the inside of a datacenter, have you?

[crumbs]

Guys, i've yet to understand to what date we have to sum this week of delay to. 17 of october? 25 of october? 30 of october?
And what's this expensive (for our pockets) component? Are you running out of capacitors? (avalon did, remember?)

Up.

Up. Plus:



Please tell me that there is a good reason to put the PSU air intake there, in a spot that once in a rack, no air can come trough.

And if such a good reason doesn't exist, i HAVE to conclude that it is only a rendering of a non existing case for something that will not ship anytime soon done and approved from people that doesn't have any idea of what they are doing.

Those are psu exhaust openings on the side.

Looo!!  Cypher, have you opened a 'puter box open IRL?  Not only is that an intake, but reversing teh fan would only make things worse, with PS sucking in the hot exhaust.  If the intake on the side is blocked off by rack walls (it isn't, most racks don't block the sides), so would the exhaust

No. Simon and I have talked specifically about this. Those are exhaust openings in the sides. In fact, one has to make provisions for this in their rack selection.

Sounds like utter bullshit to me.  But if you could make a case for requiring custom power supplies (all the commercially-available PSs have intake there), or voiding the PS warranty by disassembling it & flipping the fan, you go right ahead -- i'm waiting

PS:  Flipping the fan would also kill its efficiency -- similar to flipping the fan on a downdraft CPU cooler.

[RoadStress]

just to clarify this, Eduardo CEO ok'd me releasing this Oct 17 date.  unfortunately, it represented the earliest, most optimistic date of the estimated window and it turns out this wasn't met.

Ok just to clarify something. KnC had chips available at the end of September when promissed. They also were just a few days (2-3) late for their first shipments. Of course some of the Day 2 customers occurred a longer delay, but overall they weren't late by a lot. HF already has a longer delay than KnC. Grats on that!

[Puppet]

HF already has a longer delay than KnC. Grats on that!

More importantly, a far more costly delay than KnC, which is supposedly pumping out 400 units per day.
NOt that I think many KnC customers will break even, but I dont expect any current HF customer will have even the slightest chance of that. Every next delay will just add insult to injury.

[pwnyboy]

Sounds like utter bullshit to me.  

That's putting it mildly.  As a result of this design stupidity, it sounds to me like anyone who's already leased or built cabinet colocation for their Sierras has to:

1) Build some kind of duct into the side of the cabinets, to mate up firmly to the side of those cases and carry the exhaust heat to the back of the cabinet,

2) If not #1, then at least some apparatus to "block off" the space between the vertical rack rails and the side of the cabinet, and generally vacuum the entire space through a series of fans,

3) Forego most of the real estate on both sides of the vertical rack rails, which would normally be free and clear to tie down cables, and instead only run cabling subordinate to the construction of apparatus 1 or 2 above,

3a) In either scenario, blocking the front of the cabinet with blanking plates, will be key in most datacenter environments.  If the boxes sucked at the front and blew at the back, exclusively, then blanking plates would be less of an issue.

4) Ditch the cabinets entirely and switch to 2 or 4-post racks.  In leased colo space, this has tremendous implications, as the only way to properly and securely run equipment in those kinds of racks is in a caged space, which probably whacks out the economics of the whole thing.  Aside from that, what if a customer had already paid installation NRCs to a datacenter, thinking they'd need xx KW per cabinet, only to find out that Hashfast has pulled the rug out from underneath them with this re-design to 4U, and thus the quantity of power is halved and some of those already-paid monies are wasted.


Further, since there are apparently no engineering drawings of any of this stuff, as DeathForTaxes and others have called for, it's STILL subject to change.  For a company that holds themselves out as a group of experts, Hashfast seems to be acting like anything but.  It seems to me this could be easily resolved if Hashfast would simply sell what DeathForTaxes is calling "naked" boards.  No need to stop selling the all-in-one solutions, vis a vis the Sierras, but don't handcuff the customers who are trying to put food on their tables and yours.

[perezoso]

Deep breath, people.  Relax.  

Hashfast never finalized a case design and hasn't missed any dates yet.

There are strong indications are that they will hit their end of the month promise, or come very very close.  

Don't start beating the crap out of them before they've had a chance to deliver, it hurts your credibility if you need to seek compensation later, as you come across as being the kind of person that will bitch and moan no matter what happens.

Save the hysterics and vitriol for when they really deserve it.  But right now, we're still 10 days from the end of their projected shipping window.

And yes, I was a BFL customer, and yes, I am a batch one customer.

[Puppet]

Hashfast never finalized a case design and hasn't missed any dates yet.

And thats a reason to relax? Lol, the sheer fact not even the case design is final (or even makes any sense) on the first day they anticipated shipping could start, should be cause for alarm.

[Syke]

Hashfast never finalized a case design and hasn't missed any dates yet.

They missed their Oct 17th chip delivery date. Since that's part of the critical path, that is going to affect further deadlines down the road.

[crumbs]

...
Save the hysterics and vitriol for when they really deserve it.  But right now, we're still 10 days from the end of their projected shipping window.

And yes, I was a BFL customer, and yes, I am a batch one customer.

Lol, you <3 your BFL pre-order so much, you didn't want to break the losing streak & signed up for moar surprise butsecs.

[crumbs]

@Cypherdoc:  Know anything about how the IceDrill contract is going?  If Hashfast chips are on schedule, and DeadTerra didn't fib, Hashfast already delivered their chips?

Mining start date:
The estimated time of delivery is Q4 of 2013.

The physical mine location will be prepared for chip delivery in September.
Chips will arrive in early November
The IceDrill mine will be operational in Q4 2013, likely in November.