HashFast announces specs for new ASIC: 400GH/s

[aneutronic]

You guys might want to upvote this : http://www.reddit.com/r/Bitcoin/comments/1u2a3m/running_timeline_of_hashfasts_actions_lies_and/

and this : http://www.reddit.com/r/technology/comments/1u2adc/hashfast_bitcoin_mining_company_leaking_private/

Done, but it looks like ScamFast might be using puppet accounts to downvote or there's a lot of dumb redditors.     

Let's get some more upvotes on these please.

[1714949196]

1714949196

[Searing]

They disabled and deleted comments in their youtube videos. I guess they don't want the new user's they're trying to scam to hear about the old customers they've scammed. So they're obviously trolling these forums and other places where they post. They know we're pissed off, why we're pissed off, and how to resolve the situation. They have no intention to ever make this right, and they have no intention to ship batch1 products.

If we accept a refund we get a pittance back and hashfast resells the boards for additional profit.
If we don't accept a refund, there are no further time lines per the contract and they can just hold our money without shipping anything indefinitely.

-- If you accept the refund you're screwed
-- If you don't accept the refund and lose the suit or don't sue you're screwed

The only way to win is to sue them and win.

fucking situation...

right out of the BFL playbook.....seems they took notes imho

[aneutronic]

so they lied about the shipping date,
they lied about the refunds,
they lied about the chip stats and power usage

whats the bet they lied when they said the MPP start date would be October

HashFast Production Update

We want to update our customers on the progress of our machine production.

Producing a rig as powerful as the Baby Jet or Sierra requires coordination with a host of fabricators and designers — like the machines themselves, it's a lot of moving parts, and fluid timelines.

This is the situation:

Silicon Wafer Fabbed Out Successfully
The silicon wafers have completed fabrication. The silicon is the core of the chip, and the complicated etching process that creates the circuitry on the silicon is finished. Now the process is starting of taking this silicon, with its complete circuits, and packaging it into finished chips. The wafers are en route to San Jose, where they will be cut into individual die. We’ll get photos for you soon.

Substrate Update
When we designed our substrates, we knew they'd be one of the most unpredictable segments of the chip's production. Substrate production has a lot of risk — at high power, a substrate can overheat, causing a rig to underperform. While rerunning simulations in Cadence, we saw some concerning currents in some of the vias in the substrate. In order to address that, we've been working closely - every day - with both our substrate designers and our manufacturing house. We’ve made key improvements to the design that can be incorporated even into those substrates that are already in manufacturing. Even so, the latest delivery estimates for the modified, improved substrate design are three weeks from today. This means that we would be shipping our first rigs mid-December.

Obviously this is an incredible concern to us, and to you. So for the last several weeks, we've been engaged with an additional team to work on an additional substrate, simultaneous with our existing fabricator. Essentially, we now have two teams racing to produce the best and fastest substrate. As soon as that is done, we'll marry the substrates to the finished wafer and begin assembly of the rigs.

Miner Protection Program
For those of you covered under the Miner Protection Program™ (https://hashfast.com/miner-protection-program/), this delay will not affect the starting point from which benefits are calculated. For First Batch Baby Jets, the start date of the program will be retroactive to October 30th. We want to make sure a delayed ship date does not reduce the value of the program.

A lot of smart, hardworking people are working incredibly long hours to improve our production schedule. If we are able to ship rigs sooner than expected, we'll do so. And, of course, we'll let you know as we receive further information from our production line.

- The HashFast Team

Indeed!

I can't believe the optimists on here still counting on getting any kind of a reasonable or timely MPP after all of the shit ScamFast has pulled.     
It should be pretty clear at this point that these pricks have no conscience and will screw their customers every way possible.

[cedivad]

This delay will not affect the starting point from which benefits are calculated.

It's months that i try to point out this terminology. It only talks about benefits, that are anyway capped at 4xBJ. The only thing they should talk about is the delivery timeframe, and we all just know that it will be sometime after February.

[itod]

You guys might want to upvote this : http://www.reddit.com/r/Bitcoin/comments/1u2a3m/running_timeline_of_hashfasts_actions_lies_and/

and this : http://www.reddit.com/r/technology/comments/1u2adc/hashfast_bitcoin_mining_company_leaking_private/

Done, but it looks like ScamFast might be using puppet accounts to downvote or there's a lot of dumb redditors.     

Let's get some more upvotes on these please.

It's not necessary HF puppets, I once posted really interesting story on Bitcoin reddit and it got downvotes the second it was posted. I suppose there are some bots who downvote everything except posts from some special group.

Don't forget to upvote this people, Reddit is the No1 source of Bitcoin information for those who do not lurke this forum. It's very, very important to keep this on the front page!

[GalaxyASIC]

I have Batch 1 + 1 upgrade MPP on order.
What is the proof that will standup in Arbitration that refund should be in Bitcoin if paid in Bitcoin for Batch 1 customers ?

[NineLives]

Just got this email:

Code:

Dear fellow HashFash clients,

As you have already been notified, in an accident 3 days ago, HashFash has leaked all email addresses of it's clients.

On one hand, this is a really serious problem, exposing us to all kinds of targeted cyber attacks and scams.

On the other hand, now we have a change to start communicating among ourselves.

Seizing this opportunity, some of us would like to set up a mailing list, where we can discuss our next steps, with the widest possible participation of all impacted batch 1 clients / victims.

We could all try to solve this problem on our own, but working together has some serious benefits.
(If course it can have some drawbacks, too, so it's up to you to decide whether you want to participate or not.)

If you do, please accept the invitation to this email list.
		
About this group:
It looks like they are out to rip us off. We are out to stop them.

Which one of you is this?

[fenwick]

Just got this email:
[...]
Which one of you is this?

Start reading from here:

https://bitcointalk.org/index.php?topic=262052.msg4232933#msg4232933

[aneutronic]

You guys might want to upvote this : http://www.reddit.com/r/Bitcoin/comments/1u2a3m/running_timeline_of_hashfasts_actions_lies_and/

and this : http://www.reddit.com/r/technology/comments/1u2adc/hashfast_bitcoin_mining_company_leaking_private/

Done, but it looks like ScamFast might be using puppet accounts to downvote or there's a lot of dumb redditors.     

Let's get some more upvotes on these please.

It's not necessary HF puppets, I once posted really interesting story on Bitcoin reddit and it got downvotes the second it was posted. I suppose there are some bots who downvote everything except posts from some special group.

Don't forget to upvote this people, Reddit is the No1 source of Bitcoin information for those who do not lurke this forum. It's very, very important to keep this on the front page!

+1

The 1st one is getting better:

this post was submitted on 31 Dec 2013
50 points (69% like it)
88 upvotes 38 downvotes

the second one not so much.

this post was submitted on 31 Dec 2013
4 points (54% like it)
25 upvotes 21 downvotes

[NineLives]

Just got this email:
[...]
Which one of you is this?

Start reading from here:

https://bitcointalk.org/index.php?topic=262052.msg4232933#msg4232933

ok, Ta.

[Flying Hellfish]

@HashFast,

What is it like to suck as much balls as BFL?

Funny how Bitmine (and KnC a while back) managed to get chips from fab and on an eval board and hashing within hours of receiving chips.  You fucking monkeys are still flinging shit at your INVESTOMERS...

Ya the American companies are WAY behind if we're keeping score.  If I ever decide to order mining hardware it sure as fuck will not be from an American manufacture my BTC would be going to the EU in a heart beat.

https://bitcointalk.org/index.php?topic=291141.520

[bitpop]

Hell is getting pretty cramped

[Phinnaeus Gage]

Hell is getting pretty cramped

The Devil just announced HPP: Anybody caught trying to escape will receive an additional 4X eternal stay.

[bitpop]

Hell is getting pretty cramped

The Devil just announced HPP: Anybody caught trying to escape will receive an additional 4X eternal stay.

Hey, I'm not going to get suckered again. You better have a guaranteed delivery date for that HPP. And, I want a letter stating I will get the exact amount of devilcoins back if you do not meet the guaranteed deadline, and it must be notorized by god.




Will God escrow?

[Xian01]

Ya the American companies are WAY behind if we're keeping score.  If I ever decide to order mining hardware it sure as fuck will not be from an American manufacture my BTC would be going to the EU in a heart beat.

<soapbox>

The idea of American exceptionalism is completely non-applicable for US Bitcoin mining manufacturers

You will be exceptionally screwed-over dealing with any of them.
 
As a proud American, this causes a degree on consternation

</soapbox>

[gnar1ta$]

I can't believe the optimists on here still counting on getting any kind of a reasonable or timely MPP after all of the shit ScamFast has pulled.     
It should be pretty clear at this point that these pricks have no conscience and will screw their customers every way possible.

My guess would be MPP gets magically changed to $ value of unit - at $5600.  Any bets?

[allinvain]

@HashFast,

What is it like to suck as much balls as BFL?

Funny how Bitmine (and KnC a while back) managed to get chips from fab and on an eval board and hashing within hours of receiving chips.  You fucking monkeys are still flinging shit at your INVESTOMERS...

Ya the American companies are WAY behind if we're keeping score.  If I ever decide to order mining hardware it sure as fuck will not be from an American manufacture my BTC would be going to the EU in a heart beat.

https://bitcointalk.org/index.php?topic=291141.520

Saw the Bitmine post. FML I bet on the wrong horse again There goes 110 BTC down the fucking drain with this bullshit "company".

[Hoofprint]

Happy New year from Aus 

[bitpop]

@HashFast,

What is it like to suck as much balls as BFL?

Funny how Bitmine (and KnC a while back) managed to get chips from fab and on an eval board and hashing within hours of receiving chips.  You fucking monkeys are still flinging shit at your INVESTOMERS...

Ya the American companies are WAY behind if we're keeping score.  If I ever decide to order mining hardware it sure as fuck will not be from an American manufacture my BTC would be going to the EU in a heart beat.

https://bitcointalk.org/index.php?topic=291141.520

Saw the Bitmine post. FML I bet on the wrong horse again There goes 110 BTC down the fucking drain with this bullshit "company".

You even had knc in your signature

[allinvain]

@HashFast,

What is it like to suck as much balls as BFL?

Funny how Bitmine (and KnC a while back) managed to get chips from fab and on an eval board and hashing within hours of receiving chips.  You fucking monkeys are still flinging shit at your INVESTOMERS...

Ya the American companies are WAY behind if we're keeping score.  If I ever decide to order mining hardware it sure as fuck will not be from an American manufacture my BTC would be going to the EU in a heart beat.

https://bitcointalk.org/index.php?topic=291141.520

Saw the Bitmine post. FML I bet on the wrong horse again There goes 110 BTC down the fucking drain with this bullshit "company".

You even had knc in your signature

I guess I should have been more clear..I bet on _another_ wrong horse. So let's recap. Avalon batch 2 and 3 = bad call. Avalon batch 1 = good call, KNC = perhaps good call but seeing as how I paid in btc, probably never will pay off in btc terms so likely bad call. BFL = horrible call paid in btc once again will never break even ever in a million years.

Lesson to be learned? Don't pay for hardware with BTC or  just don't buy mining hardware at all.

It is likely that those who pre-ordered the first batch of bitmine's rig and paid with btc will also never ROI.

So what's the winning strategy, probably do what you do and buy rigs and flip them.