HashFast announces specs for new ASIC: 400GH/s

[xuemike]

Has any one gotten their Upgrade order yet?

here ------->  


 

FUuuuuu

[defcon23]

.. as a gift for you ...    


( sorry... that's nervous..   ;  hugs cedivad !   )

[cedivad]

Lol, Hugs?  

Thanks, I will pay back with a picture of 100 Bush Street.



This board needs some colours!

[defcon23]

    http://arstechnica.com/tech-policy/2014/02/new-lawsuit-against-bitcoin-miner-manufacturer-alleges-fraud-negligence/      

... not  really a fresh news, but  .... so funky..  

[PuertoLibre]

http://ia700702.us.archive.org/13/items/gov.uscourts.ksd.95395/gov.uscourts.ksd.95395.2.0.pdf

Whew, I liked the complaints. All pretty legitimate~! (and damning)

[perezoso]

Presenting Scrotum and Eddie's Hashfast Miner Protection Program (tm):



Any questions?
The HashFast Consumer Information and Service Center Program will be open from 3:00-3:01AM daily.  Please personally appear at our Customer Service Center conveniently located in downtown Tristan da Cunha.  Phone calls, e-mail, and other requests for information will not be honored.  Thank you for your investment.

[cedivad]

It looks like that facebook nowadays is the only one where they are saying something.

https://www.facebook.com/photo.php?fbid=508095295974088&set=pb.409707502479535.-2207520000.1391852537.&type=3&theater



So, who believes that it was a power outage? (rather than the RPi freezing, something that everyone in the BJ thread complains of?)

[Micky25]

whats hashing there? Our MPP?

[jcambond]

It looks like that facebook nowadays is the only one where they are saying something.

https://www.facebook.com/photo.php?fbid=508095295974088&set=pb.409707502479535.-2207520000.1391852537.&type=3&theater

https://scontent-a-vie.xx.fbcdn.net/hphotos-frc3/l/t31/1781032_508095295974088_1685591167_o.png

So, who believes that it was a power outage? (rather than the RPi freezing, something that everyone in the BJ thread complains of?)

I'm surprised the have a presence anywhere where people are able to leave comments...

[ninjarobot]

At HashFast, we understand that healthy, prosperous customers make for a healthy and prosperous company. We know that our customers are concerned about the rapid growth of the network hashrate – and we stand by our customers. We designed our silicon so efficiently per square mm, that we are able offer you this protection.

If the Bitcoin network hashrate increases so that your Baby Jet doesn’t generate more Bitcoins in ninety days than you paid for it, HashFast will give you additional ASICs. In fact, we will give you up to 400% more hashing capacity than the Baby Jet you purchased. Yes, that does mean that if you don’t make your money back in 90 days, we will increase your mining capacity to up to 2 Terahashes!

Example – You buy a Baby Jet for 50 BTC, and we ship it on October 25th.  January 23, 2014 comes and goes, and it turns out that at the Baby Jet’s nominal hashrate, it would only have generated 25 BTC during that 90 day period.  Calculated out, it would have taken an additional 400 Ghash/s of capacity shipped with your Baby Jet on October 25, 2013 to generate 50 BTC. We can’t go back in time to give you that 400Ghash/s. Instead, HashFast will double that and give you 800 Ghash/s in additional capacity. In this example, HashFast will give you two additional Golden Nonce ASICs, each with 400 nominal GHash/s.

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.

Dear HashFast. I know it is much to ask and that Batch 1 customers are wholly undeserving of your attention. But how about that MPP... You know miner protection and all that jazz?

Here is my calculation:

• Bought 1 BJ on Aug 8 2013 @ 60 BTC.
• MPP kicked in on Oct 30 2013.
• BJ shipped on Jan 24 2014
• Total BTC generated during 90 day period: 0.382
• Hashrate needed to ROI: haha. yeah. don't get me started.
• January 29 came.. and went... *crickets*

Even 4x modules are not going to make a difference at this point. But it is the principle that counts.

HF beggared Batch 1 customers and beggars can't be choosers. So please kind sir can you spare a module?



Best, your most grateful customer.

[RickJamesBTC]

At HashFast, we understand that healthy, prosperous customers make for a healthy and prosperous company. We know that our customers are concerned about the rapid growth of the network hashrate – and we stand by our customers. We designed our silicon so efficiently per square mm, that we are able offer you this protection.

If the Bitcoin network hashrate increases so that your Baby Jet doesn’t generate more Bitcoins in ninety days than you paid for it, HashFast will give you additional ASICs. In fact, we will give you up to 400% more hashing capacity than the Baby Jet you purchased. Yes, that does mean that if you don’t make your money back in 90 days, we will increase your mining capacity to up to 2 Terahashes!

Example – You buy a Baby Jet for 50 BTC, and we ship it on October 25th.  January 23, 2014 comes and goes, and it turns out that at the Baby Jet’s nominal hashrate, it would only have generated 25 BTC during that 90 day period.  Calculated out, it would have taken an additional 400 Ghash/s of capacity shipped with your Baby Jet on October 25, 2013 to generate 50 BTC. We can’t go back in time to give you that 400Ghash/s. Instead, HashFast will double that and give you 800 Ghash/s in additional capacity. In this example, HashFast will give you two additional Golden Nonce ASICs, each with 400 nominal GHash/s.

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.

Dear HashFast. I know it is much to ask and that Batch 1 customers are wholly undeserving of your attention. But how about that MPP... You know miner protection and all that jazz?

Here is my calculation:

• Bought 1 BJ on Aug 8 2013 @ 60 BTC.
• MPP kicked in on Oct 30 2013.
• BJ shipped on Jan 24 2014
• Total BTC generated during 90 day period: 0.382
• Hashrate needed to ROI: haha. yeah. don't get me started.
• January 29 came.. and went... *crickets*

Even 4x modules are not going to make a difference at this point. But it is the principle that counts.

HF beggared Batch 1 customers and beggars can't be choosers. So please kind sir can you spare a module?



Best, your customer.

You don't want to calculate it out? I think it's around 12 TH

[itod]

Dear HashFast. I know it is much to ask and that Batch 1 customers are wholly undeserving of your attention. But how about that MPP... You know miner protection and all that jazz?

Here is my calculation:

• Bought 1 BJ on Aug 8 2013 @ 60 BTC.
• MPP kicked in on Oct 30 2013.
• BJ shipped on Jan 24 2014
• Total BTC generated during 90 day period: 0.382
• Hashrate needed to ROI: haha. yeah. don't get me started.
• January 29 came.. and went... *crickets*

Even 4x modules are not going to make a difference at this point. But it is the principle that counts.

HF beggared Batch 1 customers and beggars can't be choosers. So please kind sir can you spare a module?

How come there are no law suits for MPP yet? Or they can send them whenever they see fit, by the end of the year for instance?

[minerpumpkin]

I want to make a collection of all the fake addresses OR all the addresses with "bad" information. (such as the previous one with a wrong zip code.)

Here are all the addresses I have from HashFast:

HF address on my Aug 8 invoice:

...
...
...
...

Maybe we should call them MoveFast *waitsForLaughter*

[cedivad]

How come there are no law suits for MPP yet? Or they can send them whenever they see fit, by the end of the year for instance?

There are so many things we can destroy them on that we will start from the most simple ones and go on and on as they try to build their useless defences.

[Legend21]

I feel very sorry for the batch 1 customers, if i was one of the batch 1 , i would be crazy and of course sue them, per batch 1 customer order for 60 btc is almost losing ten thousand of euro's. damn fcking Hashfast, fcking steal money. and still no fckin refund so far

[cedivad]

HF took the time to reply.

To clarify, this customer experienced a power outage due to a storm.

I had to "Like".

* Can someone prove that there were no storms in the US that caused power outages the 7th of February?
* It's also lovely how that unit has become a "customer" unit. Nice customer sharing graphs and specifying that they had a storm that caused a blackout.

I guess that this is what happens when the suggestions of Adam Ettinger are ignored?

[joshv06]

When will we get our upgrades? Has anyone gotten a response?

[perezoso]

When will we get our upgrades? Has anyone gotten a response?

Nothing from HF that I know of on upgrades.

Nothing from HF that I know of on MPP.

[JHardison]

HF took the time to reply.

To clarify, this customer experienced a power outage due to a storm.

I had to "Like".

* Can someone prove that there were no storms in the US that caused power outages the 7th of February?
* It's also lovely how that unit has become a "customer" unit. Nice customer sharing graphs and specifying that they had a storm that caused a blackout.

I guess that this is what happens when the suggestions of Adam Ettinger are ignored?

Not directly caused by a storm. I live in a town that has brown outs for any reason, including the wind blowing. This particular week it's been cold, and snowy. The power to this unit went out later in the day while I was at work, and my wife wound up turning it back on. Turns out in my run to plug the thing in, I didn't actually get it tied into a battery port but a surge port on my UPS. So yes, that period of drop was me losing power. Though not to a 'storm' like what you are thinking. More in general, to the cow farts that can cause our power around this town to blink and fritz.

But yes, I am a customer of HF. This is my babyjet that arrived on the 3rd of February, a day before we got some wonderful? snow and cold. It has been running on Ghash.io initially, and then subsequently I moved it to Eligius to compare to the results of those using the systems 'as delivered.'

I will note that from day one I overclocked it, and have not ran it on the Pi yet though I have two RPi's. It is actually tied into a VM I have running on one of my ESXi servers. Guest is Ubuntu 13.10 running currently the HF build of 3.9.0. I had tried the latest at the time 3.12.0 and had some instability, and when I moved to their version it ironed it out. Currently its running at 670 clock, and I've jacked it up to 720 and watched it do nothing but shut itself off. (which is the second dip immediately after the long drop, figured I'd push it further since it had been off a while.) You might see it drop some more due to me tinkering a bit and changing things up. I have not only CGminer on here, but mineproxy for my old blade that is now pointed at a solo pool playing the lottery. (just for grins) The system is also setup on my FogLight NMS with a reboot script applied if it sees any of my items not run. (CGMiner, MineProxy, etc.)

I posted my Eligius address, and also appended my sig JH's BabyJet to the message. (Which I'll go ahead and change to JH's OC'ed BabyJet, since that's more depictive.) ([Suspicious link removed]/1kaq3jA)

My experience both with HF and the BJ have been great. I've loved pushing the system since i got it, and am still tinkering with it. Everyone has had their own experiences, and their own opinions of the device.

Anyway, I return you now to your regularly scheduled thread.

[Melbustus]

...
Guest is Ubuntu 13.10 running currently the HF build of 3.9.0. I had tried the latest at the time 3.12.0 and had some instability, and when I moved to their version it ironed it out. Currently its running at 670 clock, and I've jacked it up to 720 and watched it do nothing but shut itself off. (which is the second dip immediately after the long drop, figured I'd push it further since it had been off a while.) You might see it drop some more due to me tinkering a bit and changing things up. I have not only CGminer on here, but mineproxy for my old blade that is now pointed at a solo pool playing the lottery. (just for grins) The system is also setup on my FogLight NMS with a reboot script applied if it sees any of my items not run. (CGMiner, MineProxy, etc.)
...

Did you have to do anything special to get your BabyJet running on Ubuntu (ie, is the included RPi doing much that's non-obvious?)? I've had no luck overclocking with the stock RPi (looks like a USB issue with the RPi at higher clock for some reason)....planning on putting the BJ on an Ubuntu laptop. Thanks!

Edit: this conv should probably be moved to the BJ Users' thread...