HashFast announces specs for new ASIC: 400GH/s

[cedivad]

Topics of the day:
-1) Substrates. F. substrates. It looks like that TSMC is doing the easy job, but these substrates instead are impossible. Expert opinion welcome. TSMC should make substrates, too, right?
-2) There is no guaranteed shipping date for the MPP. However, delaying that would really be criminal.

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[starsoccer9]

well I am glad to hear that the MPP is changed to start at october 30th but even tho I think it will end up not being near enough.

Looks like my prediction that BFL ships before hashfast will come true

[CoinHoarder]

I'll say what Hash Fast is unwilling to say: if you didn't purchase a miner protection plan, you are fucked. Kiss your BTC goodbye. I'm so happy I ordered before they came out with the MPP.......

Getting fucked by another ASIC manufacturer, what a surprise.  

[perezoso]

Okay, so somebody do the math and post a nice graphic.

For one first batch Baby Jet, MPP retroactive to October 30th, hashing on 20 December, what do the curves look like, with hi/lo assumptions for future difficulty increases, assuming MPP modules ship exactly Jan 30th.

Thank you in advance,

Moocher.  


PS: Wonder what this means for upgrades and 2nd batch shipping dates.

[DeathAndTaxes]

Topics of the day:
-1) Substrates. F. substrates. It looks like that TSMC is doing the easy job, but these substrates instead are impossible. Expert opinion welcome. TSMC should make substrates, too, right?
-2) There is no guaranteed shipping date for the MPP. However, delaying that would really be criminal.

TSMC does do substrates and packaging however their pricing and timelines may not be viable for small runs.  I am not saying it is or isn't unless you get a bid from TSMC yourself (under NDA) you probably will never know. Remember TSMC makes chips for companies like AMD who may want 10 million units and aren't as time sensitive with rollouts planned months in advance (i.e. AMD isn't going to want a couple wafers done in a week they are going to want 5 million units packaged over the course of a month so they can all hit retail shelves the same time). 

IIRC KNC used TSMC as well and they had the completed wafers sent to another company for packaging (talk about hand carrying wafers in wafer carrier from foundry to packaging house by employee on airplane).

I agree a shipping date for MPP is the least they can do.

[DeathAndTaxes]

I'll say what Hash Fast is unwilling to say: if you didn't purchase a miner protection plan, you are fucked. Kiss your BTC goodbye. I'm so happy I ordered before they came out with the MPP.......

Getting fucked by another ASIC manufacturer, what a surprise. 

Well the delay is mostly on Batch 1.  Batch 1 was all MPP.  Later batches had an option of MPP or not but they are unlikely to face as long of a delay.

[yuriygeorge]

Can someone please confirm: if we get 4x the hashing power AND we also ordered the Baby Jet Upgrade, the Upgrade is for the original Baby Jet, right? And is the 4x hashing power some separate chips, which would then require an additional (~1k) investment for the kit to assemble it all?

[minternj]

Wow, mid december IF all goes right.. Not good news at all. Oh well, at least we can stop asking for an update.

Let the bitching commence. And yes we're fucked.

[MrTeal]

Wow, mid december IF all goes right.. Not good news at all. Oh well, at least we can stop asking for an update.

Let the bitching commence. And yes we're fucked.

Look at it this way, if all doesn't go right, at least you'll be eligible for a refund.

[CoinHoarder]

I'll say what Hash Fast is unwilling to say: if you didn't purchase a miner protection plan, you are fucked. Kiss your BTC goodbye. I'm so happy I ordered before they came out with the MPP.......

Getting fucked by another ASIC manufacturer, what a surprise.  

Well the delay is mostly on Batch 1.  Batch 1 was all MPP.  Later batches had an option of MPP or not but they are unlikely to face as long of a delay.

Really!!? So maybe I am covered under the MPP... I'm not entirely sure what batch I ordered in, Ill have to look into it. I don't remember there being the option of a MPP when I ordered though. Thanks for the heads up.

[tacotime]

I'll say what Hash Fast is unwilling to say: if you didn't purchase a miner protection plan, you are fucked. Kiss your BTC goodbye. I'm so happy I ordered before they came out with the MPP.......

Getting fucked by another ASIC manufacturer, what a surprise.  

Eg me

Great

[CoinHoarder]

Wow, mid december IF all goes right.. Not good news at all. Oh well, at least we can stop asking for an update.

Let the bitching commence. And yes we're fucked.

Look at it this way, if all doesn't go right, at least you'll be eligible for a refund.

I hope that's a joke. Unless you're talking about credit card payments or something? I would think most of the money would be spent if Hash Fast fails. I know they say they can refund, but I would be very surprised if that was true.

[DeathAndTaxes]

Can someone please confirm: if we get 4x the hashing power AND we also ordered the Baby Jet Upgrade, the Upgrade is for the original Baby Jet, right? And is the 4x hashing power some separate chips, which would then require an additional (~1k) investment for the kit to assemble it all?

The MPP comes as complete boards (not raw chips).  You would need to add power supply, case (optionally), water cooling loop, and fans.  Not sure if HF will offer those parts but even if not buying retail you would be looking at something like:

300W PSU per board (likely combined to larger PSU to handle multiple modules) = $70 per board/module.
Corsair H80 watercooling loop (or some custom system) = $60 per board/module.
At least two radiator fans = $15 per board/module.

So something like $130 to $150 per board in off the shelf parts to convert one or more boards into a complete rig.  That is just a rough idea.  It may vary a lot depending on what the final power looks like, what components are used, etc.  Still everything except the ASIC boards (provided as part of MPP) can be bought off the shelf at newegg or amazon.

The upgrade modules IIRC will include an upgraded power supply and second radiator so your additional cost their should be nothing.

[gateway]

well I am glad to hear that the MPP is changed to start at october 30th but even tho I think it will end up not being near enough.

Looks like my prediction that BFL ships before hashfast will come true

You mean BFL will ship 3 of them and the next several hundred in lat aug?

[DeathAndTaxes]

I'll say what Hash Fast is unwilling to say: if you didn't purchase a miner protection plan, you are fucked. Kiss your BTC goodbye. I'm so happy I ordered before they came out with the MPP.......

Getting fucked by another ASIC manufacturer, what a surprise. 

Well the delay is mostly on Batch 1.  Batch 1 was all MPP.  Later batches had an option of MPP or not but they are unlikely to face as long of a delay.

Really!!? So maybe I am covered under the MPP... I'm not entirely sure what batch I ordered in, Ill have to look into it. I don't remember there being the option of a MPP when I ordered though. Thanks for the heads up.

Yeah there was no option, all Batch 1 orders had MPP (remember it was a higher price so you can consider it included in the price).  If you can find your invoice you can lookup the order number here:
https://hashfast.com/order-chain/

[minternj]

Wow, mid december IF all goes right.. Not good news at all. Oh well, at least we can stop asking for an update.

Let the bitching commence. And yes we're fucked.

Look at it this way, if all doesn't go right, at least you'll be eligible for a refund.

Im thinking about 80% probable they will not ship this year now after reading that update.

[starsoccer9]

Has someone done a nice chart yet if its is even possible to get a full ROI. Otherwise im going to start hoping they just dont deliver and refund in full BTC

[Morblias]

So batch 1 starts mid-December now. How does this affect batch 2 and 3? When I ordered batch 2, the website said for shipping mid-late November and my batch 3 order said mid-December. What is your policy on refunds because this delay pretty much killed my chances of ROI.

[CoinHoarder]

Thanks for the heads up D&T. I did not realize that I was covered in the MPP. I was definitely in the first batch, I just checked the receipt in my email, mine is one of the first 550 machines with an expected delivery Oct. 31.

Straight from the receipt:
"Baby Jet Delivery Dates. 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, and Buyer must cancel the order by January 15, 2014 to avail itself of this remedy. Buyer to pay all taxes, duties and shipping costs."

Is this the MPP you are referring to? If so, then that's not much of a MPP. They can deliver on December 30 and fall under the good graces of the contract, and we'd all still be screwed.

[sobani]

I'll say what Hash Fast is unwilling to say: if you didn't purchase a miner protection plan, you are fucked. Kiss your BTC goodbye. I'm so happy I ordered before they came out with the MPP.......

Getting fucked by another ASIC manufacturer, what a surprise. 

Well the delay is mostly on Batch 1.  Batch 1 was all MPP.  Later batches had an option of MPP or not but they are unlikely to face as long of a delay.

Really!!? So maybe I am covered under the MPP... I'm not entirely sure what batch I ordered in, Ill have to look into it. I don't remember there being the option of a MPP when I ordered though. Thanks for the heads up.

Yeah there was no option, all Batch 1 orders had MPP (remember it was a higher price so you can consider it included in the price).  If you can find your invoice you can lookup the order number here:
https://hashfast.com/order-chain/

Looking at the shop it seems they removed any trace of the MPP for new orders.

CoinHoarder: if you ordered up to mid september, you should automatically have the MPP. After that it was a choice that I believe you *had* to make when you purchased something. I don't know since when they removed the MPP all together.