Bitcoin Forum
May 26, 2018, 02:25:04 PM *
News: Latest stable version of Bitcoin Core: 0.16.0  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 »  All
  Print  
Author Topic: HashFast announces specs for new ASIC: up to 800GH/s  (Read 29251 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
yxt
Legendary
*
Offline Offline

Activity: 2170
Merit: 1003



View Profile
March 15, 2014, 11:17:20 PM
 #281

@HashFast_CL

stop your PR chitchat and post an update on shipping ETA

BTCKano Pool██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██
██
██
██
██ ██ ██
██ ██ ██
██ ██ ██
██ ██ ██
██ ██ ██
██ ██ ██
██ ██ ██
██ ██ ██
██ ██ ██
   ██
   ██
   ██
   ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
   ██
   ██
   ██
   ██
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1527344704
Hero Member
*
Offline Offline

Posts: 1527344704

View Profile Personal Message (Offline)

Ignore
1527344704
Reply with quote  #2

1527344704
Report to moderator
cedivad
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000



View Profile
March 15, 2014, 11:17:49 PM
 #282

A statement based on and made during a long period of BTC/USD stability cannnot reasonably expected to be maintained given a huge spike in the exchange rate.

Jesus, that laugh almost killed me.
Posted from Bitcointa.lk - #RMruiFPz5XcEesOE

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
ninjarobot
Hero Member
*****
Offline Offline

Activity: 761
Merit: 500


Mine Silent, Mine Deep


View Profile
March 15, 2014, 11:22:53 PM
 #283

If BTC went to a million, your assumptions would lead to the absurd conclusion that HashFast owes gmaxwell $98,000,000.
Only the self-interested intentional delusions of the greedy, windfall-seeking plaintiffs would make such a ridiculous case.

Good thing HF held on to gmaxwell's BTC payment then (as should be expected considering the ToS/order confirmation). Talking about windfalls...

The specific coins I paid you ended up at https://blockchain.info/address/1KFrqkEGy6Yq7X4SYCbYoj8HEwfbWVUDJ9 which is not under Bitpay's control.
Syke
Legendary
*
Offline Offline

Activity: 2618
Merit: 1005


View Profile
March 15, 2014, 11:24:29 PM
 #284

Listen carefully because repeating this is tiresome:

A statement based on and made during a long period of BTC/USD stability cannnot reasonably expected to be maintained given a huge, unexpected spike in the exchange rate.

Yes, complying with the terms of a sale are tiresome. It's so much easier to breach the contract and keep the money and not deliver the goods. It's so much more profitable too!

Buy & Hold
cedivad
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000



View Profile
March 15, 2014, 11:28:58 PM
 #285

Anyway i agree with yxt.

Since that HF_CL is so open today, and that we haven't heard nothing from them since months, let's leave the legal "details" of how we will screw the people who screw their customers apart for one second, and let's talk about your current status of orders.

Why the hell you are not shipping the hardware?
Posted from Bitcointa.lk - #qoEQN9ZrxXi5RT8R

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
ninjarobot
Hero Member
*****
Offline Offline

Activity: 761
Merit: 500


Mine Silent, Mine Deep


View Profile
March 15, 2014, 11:39:17 PM
 #286

Why the hell you are not shipping the hardware?

I think HF_CL already answered that question:

If HashFast had enough resources to build your machine without your money, we would have simply kept the machines for ourselves

I.e. they were planning on consuming their own products. Talk about a conflict of interest.
HashFast_CL
Full Member
***
Offline Offline

Activity: 168
Merit: 100

HashFast Community Liaison


View Profile WWW
March 15, 2014, 11:43:19 PM
 #287

Listen carefully because repeating this is tiresome:

A statement based on and made during a long period of BTC/USD stability cannnot reasonably expected to be maintained given a huge, unexpected spike in the exchange rate.

Yes, complying with the terms of a sale are tiresome. It's so much easier to breach the contract and keep the money and not deliver the goods. It's so much more profitable too!

There was no breach of contract; HashFast either delivered the goods or issued (5% more than) full refunds to all Batch 1 customers.

The only people who find the ToS tiresome are those who fervently wish for a magical pony named Windfall, and won't let pesky, difficult concepts like

-buyer's remorse
-opportunity cost
-20/20 hindsight
-legal tender
-reasonability
-medium of exchange
-equity

block their righteous path to the promised land of contractually guaranteed free money.   Roll Eyes

"Bitcoin enables ordinary people to fight back, to avoid and evade snooping governments, which enact, use and abuse laws that allow them, without due process, to investigate, tax, control and seize privately owned assets."  -   Leon Louw

“We can say without equivocation that firms like MasterCard, Visa and the TBTF banks like JPMorgan and Goldman hate the idea of ever having to compete for business again. They have grown comfortable in their corrupt world of writing laws for themselves without any regulatory oversight. They enjoy the exorbitant privilege of bilking the American economy with extortionary transaction rates. They are scared of Bitcoin. And they should be. It offers transparency, cost efficiency and anonymity.” - Max Kaiser
cedivad
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000



View Profile
March 15, 2014, 11:46:03 PM
 #288

Yes, sure, that was before the 15m$ they claimed to have made on sales.

But how do you spend freaking 15 millions dollars, in addition to the VC money? By not building the machines you were paid for? Like in first class air flares for every employe?

No, that's certainly not the case.

No company being sued for FRAUD would have ever done that.
Posted from Bitcointa.lk - #luAcL2UNC2e6T99Q

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
HashFast_CL
Full Member
***
Offline Offline

Activity: 168
Merit: 100

HashFast Community Liaison


View Profile WWW
March 15, 2014, 11:59:00 PM
 #289

Yes, sure, that was before the 15m$ they claimed to have made on sales.

But how do you spend freaking 15 millions dollars, in addition to the VC money? By not building the machines you were paid for? Like in first class air flares for every employe?

No, that's certainly not the case.

No company being sued for FRAUD would have ever done that.
Posted from Bitcointa.lk - #luAcL2UNC2e6T99Q

We built the machines we were paid for; in some rare cases we issued (5% more than) 100% refunds.

Paying salaries/rent/taxes is expensive, R&D is expensive, tapeout is extremely expensive, wafers are expensive, fleshing out supply chains is expensive, assembly is expensive, QA is expensive, writing microcode/drivers is expensive, and paying lawyers (thanks to a couple of disgruntled customers who insisted on taking the legal route) is VERY expensive.

Trust me, HashFast isn't spending money on first class air 'flare' for every employee (I wish they would though).   Grin

"Bitcoin enables ordinary people to fight back, to avoid and evade snooping governments, which enact, use and abuse laws that allow them, without due process, to investigate, tax, control and seize privately owned assets."  -   Leon Louw

“We can say without equivocation that firms like MasterCard, Visa and the TBTF banks like JPMorgan and Goldman hate the idea of ever having to compete for business again. They have grown comfortable in their corrupt world of writing laws for themselves without any regulatory oversight. They enjoy the exorbitant privilege of bilking the American economy with extortionary transaction rates. They are scared of Bitcoin. And they should be. It offers transparency, cost efficiency and anonymity.” - Max Kaiser
cedivad
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000



View Profile
March 16, 2014, 12:02:42 AM
 #290

We built the machines we were paid for [...]
But did your customers received them?

Why the hell you are not shipping the hardware?

Namely, for example, Sierras Batch 2?

I'm sorry that you have to pay lawyers with my money and that i had to double down my losses to get a fair compensation, really sorry.
Posted from Bitcointa.lk - #cCHHhG9BERzL1vuX

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
ninjarobot
Hero Member
*****
Offline Offline

Activity: 761
Merit: 500


Mine Silent, Mine Deep


View Profile
March 16, 2014, 12:21:44 AM
 #291

Let's just agree to disagree when it comes to refunds and contractual obligations. I have a feeling this will have to be fought out in court or arbitration. Not here as it has already been discussed ad nauseam. (I do think potential new customers should be warned of the risks though)

Instead, HashFast_CL (As the community liaison and official spokesperson for HashFast on this forum) can you please help to make this thread more constructive by providing useful information including:

* Expected MPP shipments & quantities for Batch 1 customers.
* Upgrades shipment schedule
* Current production/logistical issues (if any)
* Upcoming firmware updates and cgminer improvements.
* Actual 'out-of-box' product specifications
* etc.

Can we just try to make the best out of a bad situation? Together? Show your customers you are willing to work with us, not against us.

bkminer
Full Member
***
Offline Offline

Activity: 197
Merit: 100

Don't let the nam-shub in your operating system.


View Profile
March 16, 2014, 12:40:57 AM
 #292

Quote
We built the machines we were paid for;

Then send me my FUCKING MACHINE YOU FUCK!
cedivad
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000



View Profile
March 16, 2014, 12:44:54 AM
 #293

Something is really wrong in here. (^^^)
Posted from Bitcointa.lk - #a0ONBAz2eHDucyY1

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
Syke
Legendary
*
Offline Offline

Activity: 2618
Merit: 1005


View Profile
March 16, 2014, 01:08:00 AM
 #294

There was no breach of contract; HashFast either delivered the goods or issued (5% more than) full refunds to all Batch 1 customers.

Here's the contract.

The answer is if you buy Baby Jet for 51 BitCoins today and it does not ship, you will be refunded the 51 BitCoins you paid.

Who was refunded 105% BTC? No one? That's the breach.

Buy & Hold
HashFast_CL
Full Member
***
Offline Offline

Activity: 168
Merit: 100

HashFast Community Liaison


View Profile WWW
March 16, 2014, 01:38:14 AM
 #295

There was no breach of contract; HashFast either delivered the goods or issued (5% more than) full refunds to all Batch 1 customers.

Here's the contract.

The answer is if you buy Baby Jet for 51 BitCoins today and it does not ship, you will be refunded the 51 BitCoins you paid.

"Contract?"

Sorry, but that's just a post on an internet forum, not a contract.  The ToS are binding, not statements made during an extended period of relative BTC/USD stability (just prior to an unpredictable and unprecedented explosion in BTC value).


Who was refunded 105% BTC? No one? That's the breach.

Not many customers took advantage of the full refund provision, but some did, and they have been paid (except for those windfall-seekers who returned the check and now tell lies about how HashFast sent them nothing).

If you refuse a more-than-full refund in legal tender (IE USD) there is no longer a breach to cure.

"Bitcoin enables ordinary people to fight back, to avoid and evade snooping governments, which enact, use and abuse laws that allow them, without due process, to investigate, tax, control and seize privately owned assets."  -   Leon Louw

“We can say without equivocation that firms like MasterCard, Visa and the TBTF banks like JPMorgan and Goldman hate the idea of ever having to compete for business again. They have grown comfortable in their corrupt world of writing laws for themselves without any regulatory oversight. They enjoy the exorbitant privilege of bilking the American economy with extortionary transaction rates. They are scared of Bitcoin. And they should be. It offers transparency, cost efficiency and anonymity.” - Max Kaiser
HashFast_CL
Full Member
***
Offline Offline

Activity: 168
Merit: 100

HashFast Community Liaison


View Profile WWW
March 16, 2014, 10:31:37 AM
 #296

i think you got a chance there.
Sadly, I don't because I simple don't have the time— or emotional tolerance— to see these guys through to court. Fortunately other people are already in the process of suing them, so some amount of justice may still be served.

I started the heavy prodding in public when I saw they were soliciting more rubes to screw over, with only a mild hope that I'd ever see a dollar or a Bitcoin out of them— that maybe if they saw they they were going to be able to get away with the highly profitable task of pulling in more victims without complaint they might try to rescue things with their past customers.  I think that at least the recent noise has been successful at increasing a lot of awareness, and maybe saved some people a $6k loss, so thats all good.

If there is anything someone thinks I can easily do to help them recover please let me know.

You have time to complain to the forum, bother the State of Californa, and hire a lawyer.

But you don't have time to actually pursue a case in court?

More like, you know your quest for a ~600% gain for doing nothing is doomed to fail if it ever reached a proper venue.

Better stick to the court of public opinion, where your narrative of victimization may fool a few rubes.

"Emotional tolerance?"  IOW, you can't stand the idea of a judge ruling your demand for a free pony named Windfall is ludicrous.  That buyer's remorse is just awful, isn't it?   Sad

"Bitcoin enables ordinary people to fight back, to avoid and evade snooping governments, which enact, use and abuse laws that allow them, without due process, to investigate, tax, control and seize privately owned assets."  -   Leon Louw

“We can say without equivocation that firms like MasterCard, Visa and the TBTF banks like JPMorgan and Goldman hate the idea of ever having to compete for business again. They have grown comfortable in their corrupt world of writing laws for themselves without any regulatory oversight. They enjoy the exorbitant privilege of bilking the American economy with extortionary transaction rates. They are scared of Bitcoin. And they should be. It offers transparency, cost efficiency and anonymity.” - Max Kaiser
jimmothy
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500



View Profile
March 16, 2014, 10:52:11 AM
 #297

You have time to complain to the forum, bother the State of Californa, and hire a lawyer.

But you don't have time to actually pursue a case in court?

More like, you know your quest for a ~600% gain for doing nothing is doomed to fail if it ever reached a proper venue.

Better stick to the court of public opinion, where your narrative of victimization may fool a few rubes.

"Emotional tolerance?"  IOW, you can't stand the idea of a judge ruling your demand for a free pony named Windfall is ludicrous.  That buyer's remorse is just awful, isn't it?   Sad

Why did you agree to be a windfall?

How can you offer full btc refunds thinking the price will be stable? Are you new to bitcoin? Since the invention of bitcoin, we have yet to see a period longer than a few days let alone months where the price did not swing dramatically. If you did not understand that then you should not be doing business in bitcoin.

Then you create a windfall protection plan by offering possible compensation for delays.

Then you decide to give neither btc refunds or the extra hashing power which was the only reason people decided to go with your company.

Then you complain that it is the customers who are mistakenly looking for a windfall when you sold them a windfall.

Good luck in court.
yxt
Legendary
*
Offline Offline

Activity: 2170
Merit: 1003



View Profile
March 16, 2014, 10:56:07 AM
 #298

Let's just agree to disagree when it comes to refunds and contractual obligations. I have a feeling this will have to be fought out in court or arbitration. Not here as it has already been discussed ad nauseam. (I do think potential new customers should be warned of the risks though)

Instead, HashFast_CL (As the community liaison and official spokesperson for HashFast on this forum) can you please help to make this thread more constructive by providing useful information including:

* Expected MPP shipments & quantities for Batch 1 customers.
* Upgrades shipment schedule
* Current production/logistical issues (if any)
* Upcoming firmware updates and cgminer improvements.
* Actual 'out-of-box' product specifications
* etc.

Can we just try to make the best out of a bad situation? Together? Show your customers you are willing to work with us, not against us.



BTCKano Pool██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██
██
██
██
██ ██ ██
██ ██ ██
██ ██ ██
██ ██ ██
██ ██ ██
██ ██ ██
██ ██ ██
██ ██ ██
██ ██ ██
   ██
   ██
   ██
   ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
██ ██
   ██
   ██
   ██
   ██
gmaxwell
Moderator
Legendary
*
Offline Offline

Activity: 2436
Merit: 1191



View Profile
March 16, 2014, 11:20:18 AM
 #299

You have time to complain to the forum, bother the State of Californa, and hire a lawyer.
I have a standing relationship with an attorney for a multitude of reasons.  I don't know why you keep talking about "bother the state of california", I believe I've not yet ever communicated with the state of California on any matter what-so-ever, and certainly not you or your company. You need to discontinue your lying here.

Quote
More like, you know your quest for a ~600% gain for doing nothing is doomed to fail if it ever reached a proper venue.
Okay, release me from the forced arbitration clause so that there isn't ton of time wasted arguing about the venue— since you're so confident that you'll prevail— and I'll go head with lawsuit now that you've _finally_ admitted that you're planning on actually returning nothing at all— and not leaving me thinking that you just have not been getting my letters.

By taking my funds and giving absolutely nothing, no refund no product you are a thief. And perhaps really what I should be doing is perusing criminal charges. Your theft is not just a civil matter at this point: No theory of law enables you to take peoples funds and give them nothing and then argue that they've somehow forfeit your obligation because you've successfully ignored all their attempts to communicate or negotiate and they wouldn't take a tiny fractional one-sided 'settlement' with onerous additional terms.

Bitcoin will not be compromised
HashFast_CL
Full Member
***
Offline Offline

Activity: 168
Merit: 100

HashFast Community Liaison


View Profile WWW
March 16, 2014, 11:44:25 AM
 #300

what I should be doing is perusing criminal charges. Your theft is not just a civil matter at this point

Oh brother, could you possibly be more maudlin and self-pitying?   Roll Eyes

A 105% refund is not "nothing" no matter how much you prefer a 600% windfall.

No court is going to ignore the fact you refused a refund in legal tender.

Have you read a Federal Reserve Note lately?  It does what it says on the label (settle all debts, public and private).

"Bitcoin enables ordinary people to fight back, to avoid and evade snooping governments, which enact, use and abuse laws that allow them, without due process, to investigate, tax, control and seize privately owned assets."  -   Leon Louw

“We can say without equivocation that firms like MasterCard, Visa and the TBTF banks like JPMorgan and Goldman hate the idea of ever having to compete for business again. They have grown comfortable in their corrupt world of writing laws for themselves without any regulatory oversight. They enjoy the exorbitant privilege of bilking the American economy with extortionary transaction rates. They are scared of Bitcoin. And they should be. It offers transparency, cost efficiency and anonymity.” - Max Kaiser
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 [15] 16 17 18 19 20 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!