HashFast announces specs for new ASIC: 400GH/s

[PuertoLibre]

At least thanks to ninjarobot we will know more about the MPP in the next 24 hours. (or maybe that call will never arrive).

Indeed, grill them my friend! (And record the convo if possible (for future litigation) if legal.

I hope they follow through, but would not be surprised if they did not given their track record of over-promise & under-deliver.

The only thing I'd like to know about MPP is when and in what quantity they will deliver after the 90 day MPP window ends. The ROI calculation only makes sense if you actually deliver immediately afterwards. I assume they have worked out most of the hardware and supply kinks by now and should be able to start shipping in volume including MPP. Difficulty is nearing 10x from what it would have been on Oct 20 when the BJ should have started shipping, so 4x with MPP will help a little if shipped early Feb, but in no way will it fix the damage already done by the delays.

If they call, I'll ask if they are okay with the conversation being recorded.

You don't have to ask if they are ok with it, you say, 'I'm recording this call'.

I am pretty sure that is correct.

[BitCoin Operated Boy]

Unfortunatelly customers with later batches cannot receive the refund. This is the message they e-mail to customers requesting the refund:

"Thank you for your email. We are not able to refund your order at this time.
Batch 4 orders have a Guaranteed Ship Date of on or before March 31st per our order Terms & Conditions. If this date is not met, a customer may then request a refund.
Sincerely,
Erin"

[RickJamesBTC]

Unfortunatelly customers with later batches cannot receive the refund. This is the message they e-mail to customers requesting the refund:

"Thank you for your email. We are not able to refund your order at this time.
Batch 4 orders have a Guaranteed Ship Date of on or before March 31st per our order Terms & Conditions. If this date is not met, a customer may then request a refund.
Sincerely,
Erin"

File suit in small claims court.

[ninjarobot]

My BJ arrived today. Just picked it up from FedEx (never got the tracking number and missed delivery earlier today).

Unit is pretty nice and is mostly a plug&play affair. Took me less then 30m to install, set-up raspi with minepeon and configure pools.

By default it will mine on eligius at the burn in address associated with your account. The account will already contain any coins the unit might have mined during the HF burn in testing. In my case around 70 mBTC. It is running @ 422 GH/s

Will let it run overnight to see how stable it is.

[CoinHoarder]

My BJ arrived today. Just picked it up from FedEx (never got the tracking number and missed delivery earlier today).

Unit is pretty nice and is mostly a plug&play affair. Took me less then 30m to install, set-up raspi with minepeon and configure pools.

By default it will mine on eligius at the burn in address associated with your account. The account will already contain any coins the unit might have mined during the HF burn in testing. In my case around 70 mBTC. It is running @ 422 GH/s

Will let it run overnight to see how stable it is.

Mine has been running very stable, hopefully yours does the same.

Did HashFail ever call back about the MPP?

[ninjarobot]

Mine has been running very stable, hopefully yours does the same.

Did HashFail ever call back about the MPP?

They have not called yet.

One interesting thing I noticed in the minepeon graphs is that you can see the burn-in history. In my case the unit started hashing on Jan 17:

[jddebug]

Those of you that have them, what is your hashrate and whats the wattage used?

[SolarSilver]

One interesting thing I noticed in the minepeon graphs is that you can see the burn-in history. In my case the unit started hashing on Jan 17:

https://i.imgur.com/sOzYWL0.png?1

Actually this only proves the image they duplicated on the SD card was used on Jan the 17th, it does not need to be your machine (unless all machines come with a unique hashing account preset)

[ninjarobot]

One interesting thing I noticed in the minepeon graphs is that you can see the burn-in history. In my case the unit started hashing on Jan 17:

https://i.imgur.com/sOzYWL0.png?1

Actually this only proves the image they duplicated on the SD card was used on Jan the 17th, it does not need to be your machine (unless all machines come with a unique hashing account preset)

They do come with their own hashing account. When you first log in to minepeon you will see the following disclaimer:

For factory testing an initial Bitcoin wallet was generated on this device in order to perform a live test of your product.  As a gift to you, we are providing you this wallet so you can claim any mining proceeds from the mining pool (Eligius) that may have accrued, but we do not imply that any have accured, or that the mining pool, which is beyond our control, will release any proceeds  We DO NOT adivse using the pre-configured test wallet for mining production, as it's possible the keys could have been exposed during manufacturing, assembly, distribution or shipping.  Please claim any proceeds as soon as possible in order to ensure they are not lost.  The mining pool may not transfer funds into this wallet until a certain minimum payout amount is reached, or until after a certain time has elapsed.  Please see the Eligius mining pool home page for more information.

We have provided this system pre-configured to check for any updates that may be needed to from time to time, and as such, this system will attempt to connect to setup.hashfast.com during startup.  Your IP address, the factory generated public key, module serial numbers, and version numbers may be sent to facilitate this.  If this is undesired, you can remove this functionality by clicking the "Default cgminer" button and then the "Save" button under the settings tab in your control panel.  Note that once this is done, your system and your HashFast modules will not receive any further updates.  You can re-enable the update system at any time by restoring the original settings; click the "Default HashFast cgminer" button, then the "Save" button, and then restart your system.  During update requests, at no time is any sensitive information sent, such as private keys, any mine pool settings, passwords, etc.

NOTE: There is no password initially set on the web-based control panel, so we recommend setting one as soon as possible.  The base Arch Linux system also has a defualt password, please see the MinePeon documentation for more information.  We recommend having a properly qualified network engineer assess your network and systems for any security issues before using any systems for production mining.  We also highgly recommend you make a backup of all settings (can be done fron the settings tab) so you can restore your setup in the event of SD card corruption or failure.

At startup the system will attempt to begin mining on the Eligius pool with the factory generated test wallet.  Please change this as soon as possbile if you wish to keep any mining proceeeds generated by your system.  This can be done on under the "pools" tab of the control panel.  Note that by default there is a watchdog timer configured on this system that will reboot it in the event that mining hasn't started for 5 minutes, or within 1 minute after mining has failed.  There is information about how this works available on the internet.

But, yes - the account is associated with the SD card not the BJ.

[SolarSilver]

But, yes - the account is associated with the SD card not the BJ.

Easy to check, can a few people post the Eligiust stats URL with the address used? Compare and speculate

[jxz]

By default it will mine on eligius at the burn in address associated with your account. The account will already contain any coins the unit might have mined during the HF burn in testing. In my case around 70 mBTC. It is running @ 422 GH/s

For factory testing an initial Bitcoin wallet was generated on this device in order to perform a live test of your product.  As a gift to you, we are providing you this wallet so you can claim any mining proceeds from the mining pool (Eligius) that may have accrued, but we do not imply that any have accured, or that the mining pool, which is beyond our control, will release any proceeds.

And you guys keep referring to HashFast as a scam.  Look at how generous they are to their customers.

[qwk]

By default it will mine on eligius at the burn in address associated with your account. The account will already contain any coins the unit might have mined during the HF burn in testing. In my case around 70 mBTC. It is running @ 422 GH/s

For factory testing an initial Bitcoin wallet was generated on this device in order to perform a live test of your product.  As a gift to you, we are providing you this wallet so you can claim any mining proceeds from the mining pool (Eligius) that may have accrued, but we do not imply that any have accured, or that the mining pool, which is beyond our control, will release any proceeds.

And you guys keep referring to HashFast as a scam.  Look at how generous they are to their customers.

Adding insult to injury...

[Gyrsur]

By default it will mine on eligius at the burn in address associated with your account. The account will already contain any coins the unit might have mined during the HF burn in testing. In my case around 0.07 BTC. It is running @ 422 GH/s

For factory testing an initial Bitcoin wallet was generated on this device in order to perform a live test of your product.  As a gift to you, we are providing you this wallet so you can claim any mining proceeds from the mining pool (Eligius) that may have accrued, but we do not imply that any have accured, or that the mining pool, which is beyond our control, will release any proceeds.

And you guys keep referring to HashFast as a scam.  Look at how generous they are to their customers.

MEGA LOL!! HF sock puppet you are or not??

[cedivad]

MEGA LOL!! HF sock puppet you are or not??

When some people don't get it, it means that it was really good irony.

Anyway we have to give it to HF that they created the most shiny bitcoin miner out there.

[defcon23]

ho yeah ! great !  As a gift to you ..

[edgie13]

SHIPPING UPDATE: BATCH 1
http://hashfast.com/shipping-update-batch-1_jan23/

We have started shipping and producing in bulk. Some of you have already received and are using Baby Jets or Sierras with great success. We can’t tell you how pleased we are to hear this.

For the past few weeks, we focused all our resources on getting everything we needed ready for bulk production and shipping. Unfortunately, this has meant we haven’t kept you as updated on the progress of assembly, testing and production as we would’ve liked.

We’ve been glad to hear that our customers out in the real world are satisfied with the hashing performance they are seeing — some users have even reported success getting their rigs to perform at rates much higher than our specifications. This is great news!

We know that the roll out was a bit rocky. It’s the most advanced, cutting edge technology in Bitcoin mining today. We’ve now got the most powerful hashing machines on the planet, and that type of advancement doesn’t always come easy. But the good news is, despite all the initial challenges, we’ve delivered on our promise — a 28nm ASIC chip that is unmatched in the industry.

For those of you who have received your machine(s), we will be setting up additional resources to assist you and keep you updated. Expect to hear more about this in the coming days. In the meantime, we want to hear your hashing stories! Please feel free to contact us via our social media accounts, or post to the message boards.

[Puppet]

we’ve delivered on our promise

Some balls... Did they hire Inaba?

[mgio]

I got a call from HashFast yesterday saying that my BJ was shipped out by FedEx the day before (Wednesday night).

They said they'd send me the tracking number by e-mail shortly.

It's now a day later and no tracking number, and no BJ. 

I have no idea what is going on. Has anyone else had this happen?

[ninjarobot]

we’ve delivered on our promise

Some balls... Did they hire Inaba?

Yes, this is a bit arrogant. As if it was their only promise.

The promise was 400 GHs shipping October 20-30. They conveniently left out the delivery promises and they make all the difference to HF customers.

The burn-in 'gift' is also a bit of a joke consideringing ever reaching ROI is completely out of the window for any Batch 1 customer.

After running my BJ on Eligius for an entire night it is reporting 399.23 Gh/s   average hashrate. (Minepeon is reporting 425).



Have not checked power consumption yet. Overall it is still a clear case of overpromise & underdeliver with some arrogance sprinkled on top.

 

[Anddos]

Hashrate(?):   17,196,049 GH/s
This is increasing pritty fast now

BTC is crashing to