Hashfast mining without shipping customer gear?

[cedivad]

But either trolls will be trolls, or people are genuinely stupid in here.

I'm starting to think it's both of them. But the troll activity here is incredible.

[tntdgcr]

b/c u want untested hardware ... always a good choice. bitch later.

[Flying Hellfish]

Are you seriously asking that question? Every day we don't have the miner in our hands is days we aren't mining. Are you thick or just a troll? Seriously.

So you mean the bitcoin difficulty is increasing correct?
Well i would prefer for hashfast to hold my machine as long as it takes,to make sure its 100% tested and certified for consumer use,so there is no problems in the long run.

Is that the long run where HF gives clients a 10 day warranty?  Or the long run where folks paid 50+ BTC and will mine back less than 10 with a single BJ.  Ya long run considerations are pretty irrelevant in this day and age where mining profits are retardedly front end loaded.

[minternj]

So for all you trolls, how long should a manufacturer test equipment? Its clear we aren't getting any gear this year.

They touted high speed pcb manufacturing at Dec 8th.
They touted you can hash with off the shelf PSU and water cooler unit, so no other delays after getting pcbs assembled.

So is 21 days+ acceptable to test mining equipment. Is 90 ? 180 days? Where is the official troll cutoff?

[cedivad]

where mining profits are retardedly front end loaded.

Actually, the problem is in the backend.

[kria]

Was it possible to add your mining pool details when ordering from hashfast?

[Flying Hellfish]

So for all you trolls, how long should a manufacturer test equipment? Its clear we aren't getting any gear this year.

They touted high speed pcb manufacturing at Dec 8th.
They touted you can hash with off the shelf PSU and water cooler unit, so no other dealys after getting pcbs assembled.

So is 21 days+ acceptable to test mining equipment. Is 90 ? 180 days? Where is the official troll cutoff?

Fuck that's easy, as long as they can get away with it...

[Flying Hellfish]

where mining profits are retardedly front end loaded.

Actually, the problem is in the backend.

Ah yes however, you won't be taking the profits in the backend.  That is HF's fist your feeling (sans lube!)

[xstr8guy]

But you are not loosing millage on a bitcoin miner so whats your point?
What exactly are you loosing out on if they test your machines?

^^ possibly the dumbest thing I've read on this forum.   

[ninjarobot]

Some burn-in testing makes sense. ~24h or so. It is good form to do this on testnet of course.

Otoh, I'd be fine with HF doing burn in testing for a year with my machine on the real network as long as customers receive every coin mined by the machine. Call it hosting if you will

[Sk1llS]

But you are not loosing millage on a bitcoin miner so whats your point?
What exactly are you loosing out on if they test your machines?

Mileage on a Bitcoin miner? You can't be so fucking retarded. It's not a car, it's a miner. They generating Bitcoins with the hardware we paid for. There is no point ensuring that it will work in the "long term" "in 6 months this device will be obsolete.

[minternj]

This could be HF. Check out the jump in hash rate around the time HF would have finished assembly.
http://eligius.st/~wizkid057/newstats/userstats.php/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX

Interestingly the time frames match very well for this account.

https://blockchain.info/address/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX?offset=50&filter=0

These are the payouts to  1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX . They start on 12/6 with larger payouts starting on 12/8 . Maybe a coincidence that boards were flying out of the oven at 12/7 (http://t.co/SYwUPJ943a) . Dun dun dunnnnnn.. the plot thickens. We shall see what happens tomorrow.

[minternj]

https://blockchain.info/tx/89a3b379bd33ed4b060d81b6705dc3104786a18445451060ed78bff17be0eb0f

This is an interesting transaction, as it links other keys presumably in the same wallet as the owner and the only output from this address. Getting sleepy here so may do some further digging tomorrow.

[fubly]

[clenell]

is this standard practice? mining companies using equipment before shipping?

[jspielberg]

Yes.  Though the more reputable companies make it clear how long this testing phase will be (or they collect a mining address for the customer), to avoid the obvious and apparent conflict of interest.

[HarrisonS]

I still haven't seen any evidence that you could make these conclusions with.

[jspielberg]

I still haven't seen any evidence that you could make these conclusions with.

This is probably a little clearer.  

http://eligius.st/~wizkid057/newstats/userstats.php/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX

Are you aware of anyone else who might have suddenly come into 80+TH of capability in the last 3 days? When 5 TH of hash power showed up everyone said it was Avalon, but I was skeptical.  Turned out it was.   Learned my lesson... Occam's razor.

[dopamine]

  I wont be surprised if they were doing this, hashfast is a shady company,  expect the worst from these guys, they wont be delivering anything anytime soon and will try to push for USD refunds...

[r1senfa17h]

I hope they are hashing with the hardware. That would mean the difficulty won't increase after they ship them  . I also hope they pay any mined BTC to the owners, similar to the way KnC gave BTC to the people that bought hosting from them.