HashFast announces specs for new ASIC: 400GH/s

[cedivad]

The boards are not $750 each, that's the ripoff price VMC is gonna make you pay. It's way less.
You could get full miners (psu, cooling included) for less than 1$/GH. Yes, less than the antminers people compares everything against and with half the power usage.
You could get them within 10 days. If you accept to take longer than that you could lower the board costs by another $100-150.

That's why I've tried the impossible to accept that chip settlement.

It would have helped me, It would have helped HashLabs, It would have helped other customers.

What HashLabs needs to do is start selling the complete package on their webshop. If you are a current customer, and you have a liability against them, they need to sell you the board (and the ASICs for free) for around $450. As a preorder, but you would known exactly where that money goes and what the delivery times where. If HL was under Chapter 11 it would be even better.

So, you get 700GH for $450. You either mine with it or sell it for twice that price. You flood the market with it, and as long as people are able to pay the board manufacturing costs, HL can put thousands of this out in no time.

You really need to flood the market with them, so that HF could possibly have a future, and you need to do it in no time.

This is the only real way to get value out of the company. If they only have chips, this is the only damn way. I don't say that we need to help the scammers. I say that if the situation is really that bad, we need to cooperate with the scammers that will have anyway their book triple checked during the bankruptcy proceedings that I hope they will accept.

Every "f u" post is really not helping and depressing.

[1713965014]

1713965014

[1713965014]

1713965014

[1713965014]

1713965014

[1713965014]

1713965014

[CryptKeeper]

The boards are not $750 each, that's the ripoff price VMC is gonna make you pay. It's way less.
You could get full miners (psu, cooling included) for less than 1$/GH. Yes, less than the antminers people compares everything against and with half the power usage.
You could get them within 10 days. If you accept to take longer than that you could lower the board costs by another $100-150.

That's why I've tried the impossible to accept that chip settlement.

It would have helped me, It would have helped HashLabs, It would have helped other customers.

What HashLabs needs to do is start selling the complete package on their webshop. If you are a current customer, and you have a liability against them, they need to sell you the board (and the ASICs for free) for around $450. As a preorder, but you would known exactly where that money goes and what the delivery times where. If HL was under Chapter 11 it would be even better.

So, you get 700GH for $450. You either mine with it or sell it for twice that price. You flood the market with it, and as long as people are able to pay the board manufacturing costs, HL can put thousands of this out in no time.

You really need to flood the market with them, so that HF could possibly have a future, and you need to do it in no time.

This is the only real way to get value out of the company. If they only have chips, this is the only damn way. I don't say that we need to help the scammers. I say that if the situation is really that bad, we need to cooperate with the scammers that will have anyway their book triple checked during the bankruptcy proceedings that I hope they will accept.

Every "f u" post is really not helping and depressing.

No way I would give any more money to that company!

If someone want to buy my chips to take the risk, that would be fine with me though. 

[cedivad]

No way I would give any more money to that company!

If someone want to buy my chips to take the risk, that would be fine with me though. 

You are not putting your money in a sinkhole or the blackhole HL is. You are paying for the manufacturing costs only and a little management fee (like $30?). HL will have to provide a real schedule of everything. They will have to give you the invoices the manufacturers sent them so that you can check that your money wasn't stolen in the meanwhile.

It will be hard at first to trust them, but if it's the only way, it has to be tried.

Either that or a group buy with the same conditions. How many chips do you have, in your case? Can you afford to build the boards?

[CryptKeeper]

No way I would give any more money to that company!

If someone want to buy my chips to take the risk, that would be fine with me though. 

You are not putting your money in a sinkhole or the blackhole HL is. You are paying for the manufacturing costs only and a little management fee (like $30?). HL will have to provide a real schedule of everything. They will have to give you the invoices the manufacturers sent them so that you can check that your money wasn't stolen in the meanwhile.

It will be hard at first to trust them, but if it's the only way, it has to be tried.

Either that or a group buy with the same conditions. How many chips do you have, in your case? Can you afford to build the boards?

1. they haven't approached me yet with a chip offer (I'm waiting for a BTC refund worth 22k from batch 2)
2. yes

[cedivad]

I'm suing them for my deserved BTC refund too, but it won't come out of nowhere (thanks for the fact that they slept on the assets we paid for months instead of answering us, or paying us in chips in January, that is a scammer behaviour).

If only they stopped using the petition (that is a great and good thing) as an excuse to stop shipping and to lose even more assets, we could work something out before it's too late. You won't even be able to recover the costs of the boards in a few months.

Because this is what they are doing, painting the first good thing in months as if it was evil. And many customers believe them (look at twitter).

[BitCoin Operated Boy]

Now they also stopped refunding owned money in chips. They said it's because of the filed chapter 7 bankruptcy against them. I don't know what it does have to do with anything.

[armyof1ne]

I'm suing them for my deserved BTC refund too, but it won't come out of nowhere (thanks for the fact that they slept on the assets we paid for months instead of answering us, or paying us in chips in January, that is a scammer behaviour).

If only they stopped using the petition (that is a great and good thing) as an excuse to stop shipping and to lose even more assets, we could work something out before it's too late. You won't even be able to recover the costs of the boards in a few months.

Because this is what they are doing, painting the first good thing in months as if it was evil. And many customers believe them (look at twitter).

It would be nice if your lawsuit fell through, i think i'd open a nice bottle of champagne for that one.  I have gotten one of my major refunds back at least... i can live with that.
Hashfast's new slogan is... "you can't milk those"

[cedivad]

It would be nice if your lawsuit fell through

You know what I would open a bottle of champagne for? Edward and Simon being held responsible and liable for the damages they did to their customers, that is what morici will probably be able to do.

[armyof1ne]

It would be nice if your lawsuit fell through

You know what I would open a bottle of champagne for? Edward and Simon being held responsible and liable for the damages they did to their customers, that is what morici will probably be able to do.

If you truly feel that they "damaged" you, you fail to understand you damaged yourself, alot of people did not fully understand what they were getting into when they preordered, i have done enough that have fallen through to understand there is risk involved, their failure to follow through is a breach of the agreement that was entered into by both parties involved. They are liable for refund amount, they are not liable for punitive damages or anything like that. My understand is KOI included punitive damages, which is kinda an autoloss.
Sadly, i think gallo was a poor choice, if he loses, i might get my last refund back, as the creditors would have to pay fees and are liable for punitive damages, which seems entirely unfair, but... the law is the law.

We will see how it plays out, my information may be off, but if everything i have is true, this may work into hashfast's favor, while boning most of the customers.

[cedivad]

 

We will see how it plays out, my information may be off, but if everything i have is true, this may work into hashfast's favor, while boning most of the customers.

Whatever information it is you have, try to explain it so that it's understandable, or don't explain it at all

[Morblias]

I have gotten one of my major refunds back at least... i can live with that.

Just curious, when did you ask for the refund? Did you sign their refund agreement form? I requested a refund 3 months ago and haven't seen shit. They will not answer any of my emails either.

[cedivad]

Just curious, when did you ask for the refund? Did you sign their refund agreement form? I requested a refund 3 months ago and haven't seen shit. They will not answer any of my emails either.

Date Registered:  Today at 05:10:27 PM
Reliability:           -1

[armyof1ne]

I have gotten one of my major refunds back at least... i can live with that.

Just curious, when did you ask for the refund? Did you sign their refund agreement form? I requested a refund 3 months ago and haven't seen shit. They will not answer any of my emails either.

Beginning of Feb so a little over 3 months for my batch 1 order. Batch 4 order hasn't been refunded, and i don't expect to see it.

@cevidad, thanks for that warm welcome, im sure you will see much more of me here.

[ryepdx]

If anyone is interested in joining me in taking legal action, myself and a bunch of other people are going through Gallo LLP.

You can sign up at https://hfrefunds.com

[cedivad]

Beginning of Feb so a little over 3 months for my batch 1 order. Batch 4 order hasn't been refunded, and i don't expect to see it.

So yes, HF has still to finish refunding batch 1, regardless of emptying the accounts for that. Kudos to the petition.

@cevidad, thanks for that warm welcome, im sure you will see much more of me here.

You are very welcome! It would be boring without nonsense and trollers.

You can sign up at https://hfrefunds.com

Someone asked me to create a page on the .org to refer possible legal actions, if you want feel free to create an account there and I will give you editing privileges, so that you can have more audience

[armyof1ne]

Beginning of Feb so a little over 3 months for my batch 1 order. Batch 4 order hasn't been refunded, and i don't expect to see it.

So yes, HF has still to finish refunding batch 1, regardless of emptying the accounts for that. Kudos to the petition.

@cevidad, thanks for that warm welcome, im sure you will see much more of me here.

You are very welcome! It would be boring without nonsense and trollers.

You can sign up at https://hfrefunds.com

Someone asked me to create a page on the .org to refer possible legal actions, if you want feel free to create an account there and I will give you editing privileges, so that you can have more audience

indeed, trollers and dumbasses are a welcome sight in most places, only because of the comical relief... thanks!

The more people involved with the petition, the better, so get on board people, im just gonna sit back with the popcorn *nom* *nom*

[cedivad]

So HashLabs is trying with forum trollers again. Cyperdoc, Icebreaker, HashFast_CL and now this.

I was sure they understood it to have a negative return on their business (wait, what business?).

[armyof1ne]

So HashLabs is trying with forum trollers again. Cyperdoc, Icebreaker, HashFast_CL and now this.

I was sure they understood it to have a negative return on their business (wait, what business?).

Sorry, but not from hashcrap... but thanks for showing how paranoid you are... or your lack of ability to reason.

Gamer logic= Anyone better than you must be a hacker
Cedivad logic= anyone that argues with him must work at hashfast...

your logic is flawless, may all mere mortals worship your awesomeness...  *facepalm*

[cedivad]

Look, a troller trolling in this thread with the same nonsense of ever. How... How innovative! How creative! How Icebreaker!

[solarion]

So HashLabs is trying with forum trollers again. Cyperdoc, Icebreaker, HashFast_CL and now this.

I was sure they understood it to have a negative return on their business (wait, what business?).

Sorry, but not from hashcrap... but thanks for showing how paranoid you are... or your lack of ability to reason.

Gamer logic= Anyone better than you must be a hacker
Cedivad logic= anyone that argues with him must work at hashfast...

your logic is flawless, may all mere mortals worship your awesomeness...  *facepalm*

It's not an unreasonable conclusion. You have five posts in your extensive posting history...100% of which are on this thread page.