HashFast launches sales of the Baby Jet

[joshv06]

Hi all!

Check out the latest blog post on the HashFast website: https://hashfast.com/silicon-in-silicon-valley/.

Cheers,

The HashFast Team

When will we get out Baby Jets?

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[crumbs]

Hi all!

Check out the latest blog post on the HashFast website: https://hashfast.com/silicon-in-silicon-valley/.
...

...Silicon Wafer Fabbed Out Successfully
The silicon wafers have completed fabrication. The silicon is the core of the chip, and the complicated etching process that creates the circuitry on the silicon is finished. Now the process is starting of taking this silicon, with its complete circuits, and packaging it into finished chips. The wafers are en route to San Jose, where they will be cut into individual die.
...

Blog post (red text = difference )

The silicon wafers have completed fabrication. The silicon is the core of the chip, and the complicated etching process that creates the circuitry on the silicon is finished. Now the process is starting of taking this silicon, with its complete circuits, and packaging it into finished chips. The wafers are now in Silicon Valley, where they will be sliced into individual die ...

There's no wasted PR effort here, U even get the same typo (@Amy:  Plural of "die" is "dies.")

[tacotime]

Well, I emailed yesterday asking many many questions about the new MPP policy and when the hardware ships, I'll let you guys know when I hear back.

[DeathAndTaxes]

Well, I emailed yesterday asking many many questions about the new MPP policy and when the hardware ships, I'll let you guys know when I hear back.

Thanks taco, hopefully you get a quick response.

[RoadStress]

Well, I emailed yesterday asking many many questions about the new MPP policy and when the hardware ships, I'll let you guys know when I hear back.

Thanks taco, hopefully you get a quick response.

I never saw you such implicated and so vocal on this sub-forum until now. What's going on? I thought you only got one unit from HF.

[DeathAndTaxes]

Well, I emailed yesterday asking many many questions about the new MPP policy and when the hardware ships, I'll let you guys know when I hear back.

Thanks taco, hopefully you get a quick response.

I never saw you such implicated and so vocal on this sub-forum until now. What's going on? I thought you only got one unit from HF.

I do and I would like answers.

[tacotime]

Same...  The reason I joined up was not for the money but for the fact that I have 2x Baby Jets on order.  I was hoping I could get you guys and myself the best answers possible, and I feel bad that I haven't been able to provide the community with better responses.

[cedivad]

and I feel bad that I haven't been able to provide the community with better responses.

You don't have you. You were honest, it all what we care about.

[Minor]

Well, I emailed yesterday asking many many questions about the new MPP policy and when the hardware ships, I'll let you guys know when I hear back.

Thanks taco, hopefully you get a quick response.

I never saw you such implicated and so vocal on this sub-forum until now. What's going on?

I was thinking the same thing.
You think maybe someone took over D&T's account? 

[DeathAndTaxes]

You think maybe someone took over D&T's account?  

Not even sure how to respond to that?  It certain is a first.  

I am still me (but then again I guess a hacker would say that).

[Minor]

You think maybe someone took over D&T's account?  

Not even sure how to respond to that?  It certain is a first.  

I am still me (but then again I guess a hacker would say that).

I was just joking, I have no real reason to doubt that you are still you.
I continue to trust you and value your opinion on this forum.
And if I ever really did need you to prove who you are, I am sure that you could send me a message signed with D&T's PGP key or with a BTC address that I know D&T controls.

Sorry for being off topic and doubly sorry if this lame joke has cast even a shadow of a doubt in anybody's mind.

[RoadStress]

Well, I emailed yesterday asking many many questions about the new MPP policy and when the hardware ships, I'll let you guys know when I hear back.

Thanks taco, hopefully you get a quick response.

I never saw you such implicated and so vocal on this sub-forum until now. What's going on?

I was thinking the same thing.
You think maybe someone took over D&T's account? 

No way, maybe D&T has more spare time.

[Paladin69]

Latest KnC news is going to really kill the network for those that still don't have equipment.

[DeathAndTaxes]

No way, maybe D&T has more spare time.

Mining was my first love (I have over 2,000 posts in the mining sub forums going back over two years).  My 40 GPU farm (watercooled I might add because I am crazy) gave me the revenue to start a Bitcoin related company. The waning of GPU mining and the demands of TC, LLC left me with little time for mining.  For the past couple months I have had too much spare time (banks, lawyers, governmental nonsense) but hopefully that will change in the next couple weeks.  

I believe that while HashFast may not be persuing this their modules are very interesting from an immersion cooling perspective.  Flourinert is expensive up to $300 per gallon but a more useful way to look at it is the fluid cost per GH/s.  If you have 400 GH/s spread across 25 boards that is a lot of fluid and it may costs you >$2 per GH/s to immerse it and that isn't going to work long term.  If you have 400 GH/s on a single chip the fluid cost per GH/s can be much much lower.  I won't know how low for sure until I can get em into a tank but I estimate something on the order of $0.10 to $0.20 per GH/s in fluid costs based on the size of HashFast boards and the possible spacing.

[HashFast]

Ignoring the Oct 25th to Oct 31st difference, if that scenario played out and at the end of January HF sends out one extra module because hey, a BabyJet would have earned 25BTC between Oct 31st and Jan 29th they will have a lot of pissed off customers.

The calculation for how much you have earned is based on the shipping date.  By the letter of the program it is the first 90 days after shipping, that would mean if it ships 30 days late your MPP window is also extended 30 days which obviously makes the program a worse deal.  Essentially customers are hurt by late shipping and then their compensation is also reduced.  Many people complained it would be fairer if the MPP began when the units should have shipped so customers are not double penalized for late delivery.  Thankfully HashFast seems to have agreed with that logic so the 90 day window starts on 31 OCT.  Obviously for the days from 31 OCT to shipping date the computed revenue would be 0.  You have 0 GH/s and 0 GH/s at any difficulty = 0 BTC produced.    

So the MPP "payout" is based on the total of what a theoretical unit would earn each day between shipping and 28 JAN (90 days after 31 OCT).

They way I read it (and I may be wrong) if you units ships on say 15 DEC and between 15 DEC and 28 JAN you earn*:
>= 100% of purchase price = no additional boards (achieved break even in 90 day window)
>= 66% & <100% of purchase price = 1 additional board (200 additional GH/s needed for break even x2 = 400 GH/s)
>= 50% & <66% of purchase price = 2 additional boards (400 additional GH/s needed for break even x2 = 800 GH/s)
>= 33% & <50% of purchase price = 3 additional boards (600 additional GH/s needed for break even x2 = 1,200 GH/s)
< 33% of purchase price  = 4 additional boards (600 additional GH/s needed for break even x2 = 1,200 GH/s)

On edit: My original numbers were incorrect.  Thanks for the correction minor. The MPP "pays out" DOUBLE the hashrate that would have been required to break even in 90 day window.  I updated numbers above.

I assumed that Hashfast will only pay out in "full board increments" and will round in the customer's favor as less boards won't fulfill the terms of MPP (i.e. if 127 more GH/s would have achieved break even, doubled is 254 GH/s.  Since HF only produces 400 GH/s boards the only options are ship nothing or ship one board).  The cutoffs above assume the number of boards will be rounded up in the customers favor.  Also remember HashFast isn't going to monitor you individual rig.  It is simply a calculated earning.  For a given hashrate & difficulty a miner will earn x BTC per day.  The sum of those earnings over the 90 day window determines the computed earnings and thus the amount of MPP payout.

Maybe Hashfast can confirm or correct me on this.

Hi,

You are mostly correct. However, your assumption that we can only ship a 400 ghash card is not necessarily correct. The golden nonce chip is able to broken into 4 pieces - so its possible we could ship less than 400 Ghash.  That said, we expect that the MPP will most likely be fully triggered.

-HashFast Team

[cedivad]

Hi,

You are mostly correct. However, your assumption that we can only ship a 400 ghash card is not necessarily correct. The golden nonce chip is able to broken into 4 pieces - so its possible we could ship less than 400 Ghash.  That said, we expect that the MPP will most likely be fully triggered.

-HashFast Team

And when will you deliver the MPP for the first batch? You are incredibly careful in forgetting to define that point on every time you talk about the MPP.

[minternj]

Hasfast I don't think you have to worry about breaking up the chip.

Please plan for the logistics\terms\schedule of shipping all batch 1 customers full MPP since it's not "likely " to be triggered, it will  definitely be triggered.

[Henchman24]

The golden nonce chip is able to broken into 4 pieces

Like a Chunky!

    

[Paladin69]

Hi,

You are mostly correct. However, your assumption that we can only ship a 400 ghash card is not necessarily correct. The golden nonce chip is able to broken into 4 pieces - so its possible we could ship less than 400 Ghash.  That said, we expect that the MPP will most likely be fully triggered.

-HashFast Team

And when will you deliver the MPP for the first batch? You are incredibly careful in forgetting to define that point on every time you talk about the MPP.

Yeah they're really dancing.  I'm quite sure they need to save everything they have to fulfill batch 1, 2, and 3 before starting back at batch 1 for MPP.  3+ months after December is really going to be worthless.

[User705]

The golden nonce chip is able to broken into 4 pieces

Now I'm no expert but that statement seems to be way out there.  I'm sure if you slam it with a hammer you can get a hundred pieces.  Or are you saying you designed it as some sort of breakable chip?  Any examples of something like that currently existing?