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Author Topic: HashFast announces specs for new ASIC: 400GH/s  (Read 871515 times)
raskul
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April 12, 2014, 07:34:35 AM
 #8921

We are never getting our upgrades or MPP..

Class action?

gotta be offered for all batches now.

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Spondoolies-Tech
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April 12, 2014, 10:21:26 AM
 #8922

Ordered from Spondoolies-Tech, last to get my combo order in so expected Mid-Late April delivery but yesterday I get this email:

Quote
Dear [Very happy buyer],
After a successful burn-in test, we are happy to announce that your shipment is now on its way to you.
The units were shipped with DHL, tracking number is [Woo-hoo! already on it's way by the time I looked it up].

A lot of work was put into designing, building, and shipping SP10. We believe you will enjoy it very much.

If you have any questions feel free to contact us at info@spondoolies-tech.com.

Regards,

Spondoolies-Tech

Not trying to go off topic but this company really has their stuff together, including a very nice case and miner design which should be expected when spending so much on a product.  Any other server tech company (Dell, IBM, etc) would get slammed for selling a 10k product and use a RPi as a primary controller and a off the shelf case, etc.  When that kind of money is spent people expect to see Enterprise Level equipment not just some crap stuffed into off the shelf parts.  It's only the Bitcoin community that was willing to "trade" complete well designed product in exchange for just a well designed ASIC as long as it was delivered on time and was able to mine.  This is wrong, we should still get the "whole deal" as the manufacturers use the "excuse" to send out duct taped machines by saying they are trying to get to market as fast as possible.

I was B1 & royally screwed by HF, like royally so this is a refreshing thing to see, a mining company that makes a good product, actually keeps to their time lines and ships even sooner than I expected!
Thank you

We released the following miners only when we were operational: SP10, SP20, SP30, SP31 and SP35.
If you see anything else offered online, it's a scam.
We designed but never completed the SP50
kalahamis
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April 12, 2014, 03:28:16 PM
 #8923

It's happening because they aren't good enough to do what they say they will do, and they do it because it doesn't cost them anything. they get marks to pay off all the expenses up front, give themselves a nice salary while they try, and then disappear or eventually come up with a machine that took so long to make that it will never ROI.
cedivad
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April 12, 2014, 03:30:13 PM
 #8924

Another new user trying to convince us of the ignorance of HF (and not of their criminal behaviour).

Welcome kalahamis, thanks for sharing.
Posted from Bitcointa.lk - #Z811zjfqApAR6zpr

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
bkminer
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April 12, 2014, 03:39:54 PM
 #8925

Ordered from Spondoolies-Tech,

So far I believe Spondoolies-Tech is one of if not the best miner manufacturer there is...unfortunately the price is still high enough that it will make 50% of what it costs before it's useless.  I was going to buy the one at Inside Bitcoin NYC off the table when I realized, it's a great machine but with the dropping price of Bitcoin nothing available now will ever make more than 50% of what's paid for it.  Sad

Spondoolies-Tech is on the right track but $3.60/GH will only break even or ROI if BTC goes to over $1,000 a coin.
cedivad
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April 12, 2014, 03:43:06 PM
 #8926

I would say thank you for the spam, Spondoolies-Related accounts, and let's go back to the topic.
Posted from Bitcointa.lk - #dfpZ5vREHuOCrAQZ

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
raskul
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April 12, 2014, 03:44:49 PM
 #8927

I would say thank you for the spam, Spondoolies-Related accounts, and let's go back to the topic.
Posted from Bitcointa.lk - #dfpZ5vREHuOCrAQZ

nice chip - quite fast too, good on them for creating it

/s

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
Bicknellski
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April 12, 2014, 03:52:29 PM
 #8928

I would say thank you for the spam, Spondoolies-Related accounts, and let's go back to the topic.
Posted from Bitcointa.lk - #dfpZ5vREHuOCrAQZ

+1

So are you gents emboldened buy the Class Action lawsuit against BFL?

What would it take to get one going against HF?

Dogie trust abuse, spam, bullying, conspiracy posts & insults to forum members. Ask the mods or admins to move Dogie's spam or off topic stalking posts to the link above.
bkminer
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April 12, 2014, 03:58:37 PM
 #8929

I would say thank you for the spam, Spondoolies-Related accounts, and let's go back to the topic.
Posted from Bitcointa.lk - #dfpZ5vREHuOCrAQZ

Spam, eggs, ham, and spam.  Apologies for what cedivad considers SPAM.  Back on topic, I've asked for a conversion of my Sierra and was told I would get an email on how to do it.  That was 2 weeks ago.  I've unfortunately come to the conclusion that I will get neither equipment nor refund at this point.  If I could I would fly to S.F. and visit the office, if it's still there.  The fact that they're selling used boards to other companies doesn't bode well for their financial health. Filing and winning a law suit still requires that the company has enough assets to pay the court ordered amount.  At this point I wonder if they do.   Huh
cedivad
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April 12, 2014, 03:58:45 PM
 #8930

The tos specifically denies a class action against them. It also denies litigation and forces people into arbitration.
Some customers (see the TRO) are trying to get around the forced arbitration clause, and we don't know yet if it will be successful or what (there was a hearing the 9th that was delayed, if i had to guess HF's lawyers found a way to buy time).
Gallo is doing a "group action", following each customer individually and sharing the costs by having many similar claims.

At this point however i can't believe that we left HF free of doing whatever they wanted until now, and i'm confident that this will change soon. I've like a month of holidays ahead, i should do something myself too.
Posted from Bitcointa.lk - #S5eN0qoz2iVDgApf

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
Bicknellski
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April 12, 2014, 04:02:34 PM
 #8931

The tos specifically denies a class action against them. It also denies litigation and forces people into arbitration.
Some customers (see the TRO) are trying to get around the forced arbitration clause, and we don't know yet if it will be successful or what (there was a hearing the 9th that was delayed, if i had to guess HF's lawyers found a way to buy time).
Gallo is doing a "group action", following each customer individually and sharing the costs by having many similar claims.

At this point however i can't believe that we left HF free of doing whatever they wanted until now, and i'm confident that this will change soon. I've like a month of holidays ahead, i should do something myself too.
Posted from Bitcointa.lk - #S5eN0qoz2iVDgApf

Those people at Wood Law seem to have a handle on consumer fraud cases... might worth contacting someone there a fresh perspective never know it might help? You basically laid out the timeline. Anyhow here is hoping people do work closer together and get some relief.

Dogie trust abuse, spam, bullying, conspiracy posts & insults to forum members. Ask the mods or admins to move Dogie's spam or off topic stalking posts to the link above.
RoadStress
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April 12, 2014, 04:30:03 PM
 #8932

The tos specifically denies a class action against them. It also denies litigation and forces people into arbitration.
Some customers (see the TRO) are trying to get around the forced arbitration clause, and we don't know yet if it will be successful or what (there was a hearing the 9th that was delayed, if i had to guess HF's lawyers found a way to buy time).
Gallo is doing a "group action", following each customer individually and sharing the costs by having many similar claims.

At this point however i can't believe that we left HF free of doing whatever they wanted until now, and i'm confident that this will change soon. I've like a month of holidays ahead, i should do something myself too.
Posted from Bitcointa.lk - #S5eN0qoz2iVDgApf

Wait so if they didn't respected the TOS why should you respect it? Aren't the laws giving you that right?

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
cedivad
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April 12, 2014, 05:50:48 PM
 #8933

What part of the ToS did they broke? Sorry for the dumb question, i'm just asking like i'm five because i'm not really sure of the answer.
On listening to a fresh prospective... Why not?
Posted from Bitcointa.lk - #F2rCNHJAkybBrDWI

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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April 12, 2014, 06:15:43 PM
 #8934

What part of the ToS did they broke? Sorry for the dumb question, i'm just asking like i'm five because i'm not really sure of the answer.
On listening to a fresh prospective... Why not?
Posted from Bitcointa.lk - #F2rCNHJAkybBrDWI

Haven't actually read the ToS, but what about delivery, refunds etc? They must have broken something in there Smiley

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
cedivad
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April 12, 2014, 06:52:11 PM
 #8935

Nothing i can think of Smiley Certainly the part about refunds, but not for idiots that keep signing that refund and release agreement.

Given the idiots/avg person ratio of the mining industry if i had to guess HF has a pile of those refund and releases agreements signed.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
Bicknellski
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April 12, 2014, 11:09:47 PM
 #8936

Nothing i can think of Smiley Certainly the part about refunds, but not for idiots that keep signing that refund and release agreement.

Given the idiots/avg person ratio of the mining industry if i had to guess HF has a pile of those refund and releases agreements signed.

Probably can't sign away your rights or waive those rights? Especially if laws are broken no?


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cedivad
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April 13, 2014, 07:56:18 AM
 #8937

Probably can't sign away your waive those rights? Especially if laws are broken no?
I'm quite sure that people that signed that agreement are pretty much screwed. HF will pay them when they want and they can't do anything to reverse that. That when could be 5 years from now.

Now.

I personally have faith about the solvency of HF. It's because i still had some stupid faith that they didn't want to run the business as real criminals. However one can't stop thinking that they haven't shipped shit in the last month, that they have ASICs "in stock", and that they are taking their time to ship them. There is only one logical conclusion here, right? "Lend" the ASICs from the company, make boards with your own money, mine with them, resell the boards once that you are happy (ship it as MPP), or desolder the ASIC and put it back in "stock".

I think i will do my bit today and i will try to write to a criminal prosecutor. I'm starting to like Legalese, after all.
If i'm successful it will help them not to go bankrupted. I'm sure they will appreciate.

Cheers!
Posted from Bitcointa.lk - #4ikOB1LkvsFcVyYS

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
cedivad
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April 13, 2014, 09:33:11 AM
 #8938

If only I could make the leap from Adam to KnC.
Help us finding their secret datacenter, P&G. That would be useful.
Posted from Bitcointa.lk - #oYCjhT2oTVCGrfiK

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
bkminer
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April 13, 2014, 06:30:05 PM
 #8939

I'm quite sure that people that signed that agreement are pretty much screwed. HF will pay them when they want and they can't do anything to reverse that. That when could be 5 years from now.

Quote
_____ I hereby cancel all of my orders and request a prompt refund in the amount shown above, paid to me in United States Dollars.

I showed the "release" to a friend of mine who is a lawyer and he said those words like "prompt refund" have meaning in a court of law and HashFast cannot just wait as long as they want to refund.

Just an FYI...
cedivad
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April 13, 2014, 06:49:13 PM
 #8940

Just an FYI...
Just FYI, read the rest of the contract before trying to argue on the definition of prompt.
Posted from Bitcointa.lk - #HqGhWd5VT5XaYZHb

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
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