.

[ninjarobot]

I wish they would've just shipped us the boards and let us get our own cases, psus, etc and refunded us some btc.

^this

If the current 30 day delay is because of needing to book new slots with CIARA for assembly then why not just ship out the bare modules and/or kits?

Perhaps customers that opt in to self-assemble a kit can actually get some hardware shipped now?

[helipotte]

I run a computer shop and build a lot of custom machines.  We get cases in single boxed all the time and I would say at least 2/3 of them are damaged

in some way.  Shipping a piece of equipment *that* expensive that way is just...  wow.

Glad I did not order one now.

[cedivad]

If the current 30 day delay is because of needing to book new slots with CIARA for assembly then why not just ship out the bare modules and/or kits?

Do you think that in 30 days they can't find an alternative to CIARA? For all of that money? Nah....

[ninjarobot]

Now they claim they were "shipping" in 2013: http://hashfast.com/were-shipping-2013/

You and I both know this is just propaganda. At the same time they announced they were shipping to the world they sent out the letter to customers stating that they were not shipping. It is just for show, so it appears they met their targets and demonstrate a best effort to deliver if they end up in court.

[cedivad]

demonstrate a best effort to deliver if they end up in court.

With that email? Doesn't make a lot of sense to me.

[GlapLaw]

When they accidentally CC'd all their customers, did anyone take a rough estimate of how many emails there were? Trying to gauge the magnitude of this.

[subseaguru]

found this on the net about hashfast.

http://www.extremetech.com/uncategorized/173772-bitcoin-asic-manufacturer-hashfast-facing-lawsuits-over-alleged-false-advertising-fluctuating-bitcoin-prices

[fenwick]

We are trying to sort out all versions and modifications of the terms of sale,
and publish it here:

  http://hashfast.org/Terms_of_Sale

We need more data points.

If you got an order confirmation letter after a purchase you have made in august,
with a Terms of Sale attached to it, or you have a web snapshot from a date not
already mentioned at the above page, could you please publish it?
(Or send me?)

   * * *

Please note that this is important, because these terms are most likely going to be base of any legal claims.

One thing is already apparent: at least in some cases, the ToS versions they have sent out in order confirmation emails do not seem to be the same version which was present on the web when the order was made.

We have web snapshots from both the 25th and the 28th of August, here:

http://hashfast.org/Terms_of_Sale/25_August_2013
http://hashfast.org/Terms_of_Sale/28_August_2013

The changes between these versions are minimal:

    Changed: Spelling: Hashfast -> HastFast
    Added: terms for wire transfer payment

However, at least the versions sent out in order confirmation mails for orders made around the 26th of August are totally different:

http://hashfast.org/Terms_of_Sale/27_August_2013

There are many differences.
(Full analysis coming later.)

We need more data points, so please publish what you have.

[GlapLaw]

Where is the 8/16/13 "Cara @ Support" quote coming from, by the way?

[pmorici]

Where is the 8/16/13 "Cara @ Support" quote coming from, by the way?

Get in touch with jjiimm_64 he has the original email.

[GlapLaw]

I have no reason to actually see it, I was just curious because it was the only one not linked.

Appreciate it.

[jjiimm_64]

Where is the 8/16/13 "Cara @ Support" quote coming from, by the way?

Get in touch with jjiimm_64 he has the original email.

first post! https://bitcointalk.org/index.php?topic=391251.0

[fenwick]

Anybody has ever seen a ToS version not covered here?

http://hashfast.org/Terms_of_Sale

(Especially early versions, from August / September, either from the web, or from emails.)

[Kouye]

This needs to be added to the scam timeline:

More preorders.

Credits for this goes to someone willing to stay out of all this mess.

[piecinitup]

Have they even been issued a subpoena by anyone yet? 

[pmorici]

Have they even been issued a subpoena by anyone yet? 

Wouldn't someone have to sue them first?

[theymos]

Here are the deleted posts of HashFast-related accounts. Some of these may have been deleted by moderators.

HashFast promised (and still promises) delivery by Dec 31.

Notice how you deleted the quote that proves you wrong? I'll add it again. It's only 6 words. I know a couple of them have a lot of letters, but try reading it again.

That quote is completely irrelevant.  

The only thing that matters is the Terms of Sale, which states Dec 31 is the guaranteed delivery date.

The Terms of Sale do not include your completely irrelevant quite, which is from an insecure internet forum of all things.  

Cointerra promised mid December delivery.

It is now mid-December, but their chips aren't even finished.

Cointerra failed; they over-promised a mid-Dec date and under-delivered a late-Jan date instead.

Cointerra knew they couldn't delivery in Dec.  They lied to get our money and we will prove it when we sue them for fraud and false advertising.

Yes, orders can be transferred, but the Miner Protection Program cannot be sold, licensed or transferred by a customer.

This is clearly listed here:  https://hashfast.com/miner-protection-program/

-John

HashFast Technologies is unaware of a deal being done with any entity that would be able to offer these items for sale at these prices with such assurances on any HashFast products.

-John

We've got two powerful pieces of news today for our miners!

https://hashfast.com/were-upping-the-power-on-hashfast-rigs/

-John

Does this upgrade include MPP, would we get up to 4x the 800GH/s ?

Unfortunately, at that price, we cannot offer the Miner Protection Program.
-John

So, I think where I'm looking for more clarity is:


1) Cost of the board/rig required to run additional chips if the MPP gets executed. Do we have a parts manifest for this yet, or a price to outright buy a pre-assembled rig from Hashfast?

2) If anyone from Batch-1 gets additional chips from the MPP, everyone should. Otherwise, there can be situations in which people who are ahead in the shipment queue actually do worse. For example, let's say that the 1st BabyJet from batch-1 goes out on October 25th and has made a slight profit by Jan 23rd; under the current MPP verbiage as I read it, that means no new chips for Owner #1. Let's further say that the 500th BabyJet from batch-1 goes out November 25th, but has just barely not covered costs by Feb 22nd. In this case, the owner of the 500th gets new chips for free, but the owner of the 1st still doesn't. Given the low power consumption of BabyJets, they'll likely be worth running for quite some time, so over that lifetime, the owner of the 500th probably does better. It depends on the exact nature of how the overall network hash-rate curve develops, of course, but it seems to me that the fairest thing to do is to execute the MPP across the entire Batch; ie, if anyone from the batch gets more chips, everyone should.


Can we get some clarity/comments on the above?


In any event, HF seems to be doing great work. Tape-out ~10 days ago, plus the TSMC announcement...good stuff.

Hi Melbus,
These are great questions. I just sent them to engienering, so as to get the best possible answers. I will post here soon.
-John

still waiting for more information regarding their chip and foundry before taking the leap.  I still remember back when Avalon started, they had their TSMC contract for all to see which was great.

Hi, Cara tells me this is resolved. Please let me know if you ahve anyt further issues.  Thanks for your business!
 - John

As a Group Buy Coordinator of 1 co-op owned HashFast BabyJet, I am pleased with the terms and conditions of your MPP. I like the transparency and level of detail.

It should serve as a model for future ASIC rig pre-orders IMO. Anything you can add about the Motherboard specs/availability and institutional pricing for said Mommy boards? [IT Birds N Bees - "See son: "Baby computers are made when a Daddy board and a Mommy board fall in love and..."]

Could be an entrepreneurial opportunity there for someone.  

Thanks!

Details are going to have to wait until after tapeout. (Engineering is busy right now)  
However, we want to encourage others to design rigs for our chips and we are excited about what this community will do with them!

-John

Can you post details of chip communication, pin out, PCB designs, etc to github so that we can get started on designing rigs? It's pretty clear [for anyone who can do basic math] that your MPP is going to be triggered. Those who will be receiving bare chips as part of the MPP will need the additional boards.

Thanks

I can assure you that we will, but not until after tapeout, which is very very soon.
-John

Hi Everyone,

This is a statement from Uniquify Inc, one of the world's leading ASIC deisgn firms, and our exclusive ASIC deisgn partner.
Subscribe on our website for upcoming product details, or hit me up directly with questions.
More to come...

Cheers,
John Skrodenis
HashFast.com

Hi Everyone,

This is a statement from Uniquify Inc, one of the leading ASIC deisgn firms in the world. They are our exclusive ASIC design partner.
Subscribe on our website to receive product notifications, or hit me up directly with questions.
More to come...

Cheers,
John Skrodenis
HashFast.com

[kivien]

thank you very much for work.

[cedivad]

What's the source for "Tape out did not happen until Sept 6th"? Since that i ordered before that and one of the main reason was that they already announced the tapeout, i would like to know more about it.

http://hashfast.com/hashfast-and-uniquify-announce-tape-out-of-golden-nonce-bitcoin-network-transaction-verification-chip-to-tsmcs-28hpm-process/
http://hashfast.com/tapeout/

Thanks.

[pmorici]

What's the source for "Tape out did not happen until Sept 6th"? Since that i ordered before that and one of the main reason was that they already announced the tapeout, i would like to know more about it.

http://hashfast.com/hashfast-and-uniquify-announce-tape-out-of-golden-nonce-bitcoin-network-transaction-verification-chip-to-tsmcs-28hpm-process/
http://hashfast.com/tapeout/

They started talking like tape out was imminent on Aug. 20th in blog posts and forum messages.  It didn't actually happen for another 8-9 days though.  Perhaps that is what you are thinking of.
http://hashfast.com/countdown-to-tapeout/