HashFast announces specs for new ASIC: 400GH/s

[starsoccer9]

i received it too but im not sure what to do with it.  i dont want to get charged more.

why would you be charged more?

[1714849706]

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[jjiimm_64]

I gave them bitcoins I want bitcoins back.. But the logical question is this.

If bitcoin crashed. Would you still want your bitcoins? Even tho in the contract they said full bitcoin refund... So if you gave them 6 bitcoins and it crashed, would you be mad if you got your 6 bitcoins back or would you storm the gates for cash refunds even tho you agreed to btc refunds....

I originally bought and payed with bitcoins and was told my refund would be in bitcoins.  If bitcoin crashed, and they gave me back my bitcoins (60 BTC, worth little or nothing) it would be fine.  They kept their end of the deal.  
The fact is, Hashfast never kept their promises.

They lied and had no intent on delivering miners on October 20th.
They lied about giving us our refunds in BTC.
They could not keep their December 31st delivery date.
They could not keep their promise to deliver the MPP.

I payed 60BTC for my miner (1 miner) and I will probably see nothing or very little of that back.

PS. They made promises they new they couldn't keep and cost people millions of dollars.  That is fraud and they deserve jail time.

I am with you.. even if bitcoins went down to 10 dollars.. I would be very happy with my 210 bitcoins back.. (4 baby jets)

[BitCoin Operated Boy]

Has anyone outside of US received a letter from the bankruptcy court regarding the proceedings?

I have not received any so faf although I submitted the creditor's form.

Yes, I've gotten two.

i received it too but im not sure what to do with it.  i dont want to get charged more.

I filled the creditors file claim but had to type random zip code CA 00 00 to be able to submit the form. How did you guys pass this section?

Have you also send direct post letter to the court?
If so, would you be able to provide me court's address so I could write to them directly myself?

[Entropy-uc]

I posted this about a month ago, but it's probably worthwhile to put it up again.


Proof of claims need to be filed with the bankruptcy court.  The address is

Office of the Clerk
United States Bankruptcy Court
Northern District of California
P.O. Box 7341
San Francisco, CA 94120-7341

You should include a cover letter stating the case name (Hashfast Technologies, LLC) and number (14-30725) and requesting that the Clerk file the claim.

[xunknownx]

i received it too but im not sure what to do with it.  i dont want to get charged more.

why would you be charged more?

lawyer fees?

[xunknownx]

I posted this about a month ago, but it's probably worthwhile to put it up again.


Proof of claims need to be filed with the bankruptcy court.  The address is

Office of the Clerk
United States Bankruptcy Court
Northern District of California
P.O. Box 7341
San Francisco, CA 94120-7341

You should include a cover letter stating the case name (Hashfast Technologies, LLC) and number (14-30725) and requesting that the Clerk file the claim.

by proof of claim.  what is that exactly?  do i just show them order confirmation that i actually paid HF?  also im a batch one customer who received a babyjet but did not received the promised MPP.

[jjiimm_64]

by proof of claim.  what is that exactly?  do i just show them order confirmation that i actually paid HF?  also im a batch one customer who received a babyjet but did not received the promised MPP.

it is my understanding that a customer in the middle of a refund is a creditor thru chapter 11.  I dont think the mpp will be.. i could be wrong.

[BitCoin Operated Boy]

I posted this about a month ago, but it's probably worthwhile to put it up again.


Proof of claims need to be filed with the bankruptcy court.  The address is

Office of the Clerk
United States Bankruptcy Court
Northern District of California
P.O. Box 7341
San Francisco, CA 94120-7341

You should include a cover letter stating the case name (Hashfast Technologies, LLC) and number (14-30725) and requesting that the Clerk file the claim.

Thank you very much for this.

[cedivad]

Meh, it looks like that Barber is unable to pay for his family expenses.

What a game they will be playing.

[pmorici]

Meh, it looks like that Barber is unable to pay for his family expenses.

What a game they will be playing.

Guess he should have thought about that before he defrauded all his customers.  If they want to trot out the sob stories; There was a customer at the creditor's meeting this past Tuesday who borrowed a large amount of money from his mom's retirement account to buy Hashfast equipment.  Needless to say he was not in a happy place.

Edit: Almost forgot; Simon also mentioned at the creditor's meeting on Tuesday that he was going to be taking a month long vacation, traveling internationally, starting next week.

[aasl]

I received a mail from the court telling me that case no. 14-30725 (proposed to be) jointly administered with case no. 14-30866.

I log in to pacer and found I am listed as a creditor under 14-30725, not in 14-30866. Do I need to file another claim as a creditor in 14-30866?

[MrTeal]

Is there any audio of today's hearing?

[Entropy-uc]

I received a mail from the court telling me that case no. 14-30725 (proposed to be) jointly administered with case no. 14-30866.

I log in to pacer and found I am listed as a creditor under 14-30725, not in 14-30866. Do I need to file another claim as a creditor in 14-30866?

14-30725 is the correct case.  You are fine as it stands.

[pmorici]

Is there any audio of today's hearing?

https://dl.dropboxusercontent.com/u/434350/3bk2014-30725_7112014-30205-PM.mp3

[cedivad]

Edit: Almost forgot; Simon also mentioned at the creditor's meeting on Tuesday that he was going to be taking a month long vacation, traveling internationally, starting next week.

Muhahahahahahhaha. (Yeah ok, this post is useless, but that was well deserved).

[starsoccer9]

Any idea when we can actully expect something useful to get done at the company.

[digitalbrass]

Any idea when we can actully expect something useful to get done at the company.

http://cdn.memegenerator.net/instances/400x/36786018.jpg

[bitndx]

Any idea when we can actully expect something useful to get done at the company.

thanks for the latest audio... looks like the company is going to be allowed to sell a few chips by the creditors committee. Barber's salary reduced and decastro to commission only....

[Gyrsur]

Any idea when we can actully expect something useful to get done at the company.

thanks for the latest audio... looks like the company is going to be allowed to sell a few chips by the creditors committee. Barber's salary reduced and decastro to commission only....

received a letter from the United States Bankruptcy Court about an "Order for Relief". what does it mean and what I have to do?

[pmorici]

Any idea when we can actully expect something useful to get done at the company.

thanks for the latest audio... looks like the company is going to be allowed to sell a few chips by the creditors committee. Barber's salary reduced and decastro to commission only....

received a letter from the United States Bankruptcy Court about an "Order for Relief". what does it mean and what I have to do?

That is just a fancy way of saying the company's request to file for Bankruptcy was approved by the court.  All you really have to do at this point is register your claim with the court.  You can do this yourself easily enough. It is basically a one page form where you give your name, address, say how much you are owed by Hashfast and provide supporting evidence for your claim such as a copy of the sales invoice showing what you paid.  There are some links to the appropriate form back a couple pages.