HashFast announces specs for new ASIC: up to 800GH/s

[HashFast_CL]

Has your lawyer mentioned how much tax you would have to pay on such a windfall?  

Actually nothing because in some countries there is no Capital Gains tax

Now, how about just refunding as Hashfast in the first place and let us worry about any taxes?

Italy is not "some country" and has 20%+ capital gains tax.

Plus possibly more for windfalls like the one cedivad is anticipating.

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[yxt]

and again you go with nonsense answer and ignoring the important Q

So I have Q about hardware and mining:

When/If can I start mining with my payed stuff you don't deliver?
Only silence about that and PR bullshit!
Why are you wasting time here? Do you realy think you will sell preorders to anybody reading here regularly?

[xstr8guy]

However, good luck with using this kind of arguments to prove your innocence.

Prove my innocence?  Sheesh, I wasn't expecting the Spanish Inquisition!  

[Beans]

Received a email from some scammers at echosign.com today claiming to be from hashfast. So not only do they not delivery anything or return emails but our personal info has been leaked.

[cedivad]

I'm amused at CL giving me advices on my taxes.
Posted from Bitcointa.lk - #2o2jeYEKF6Yl0rde

[SolarSilver]

Has your lawyer mentioned how much tax you would have to pay on such a windfall?  

Actually nothing because in some countries there is no Capital Gains tax

Now, how about just refunding as Hashfast in the first place and let us worry about any taxes?

Italy is not "some country" and has 20%+ capital gains tax.

I'm in Belgium and we don't have any Capital Gains tax. How about you start shipping the equipment I paid for in September 2013?

I'll even take a refund.

how about that?

Plus possibly more for windfalls like the one cedivad is anticipating.

Let us wonder about the grown up things and you stop pushing HashFasts vapourware? Stop trying to lure in other punters so you can get pre-order money. You know, the money the pays your wages and lawyers that keep you in business but prevents you from actually shipping out an actual product people paid for?

[HashFast_CL]

I'm amused at CL giving me advices on my taxes.
Posted from Bitcointa.lk - #2o2jeYEKF6Yl0rde

Likewise, we're amused at DC & Co. giving us advice on our ToS!   

[xstr8guy]

So the big question for anyone not really paying close attention to the many HF threads... are they actually something now or has it come to a complete stop?  The difficulty increase seems to indicate that very little 28nm is actually shipping.  The vast majority is most likely Ants, Bitfury/GHash and until recently, KNC's private farm.

[cedivad]

Likewise, we're amused at DC & Co. giving us advice on our ToS!   

What is he talking about? DC is me, i guess.
Posted from Bitcointa.lk - #Mo3kB6ey7kbnUzyG

[JointDoctor]

I'm amused at CL giving me advices on my taxes.
Posted from Bitcointa.lk - #2o2jeYEKF6Yl0rde

Likewise, we're amused at DC & Co. giving us advice on our ToS!  

Wich version?  
Seriously, you´re the most unprofessional company i´ve ever seen in my life.
In EU you would be prosecuted a long time ago.

[HashFast_CL]

I'm amused at CL giving me advices on my taxes.
Posted from Bitcointa.lk - #2o2jeYEKF6Yl0rde

Likewise, we're amused at DC & Co. giving us advice on our ToS!  

Wich version?  
Seriously, you´re the most unprofessional company i´ve ever seen in my life.
In EU you would be prosecuted a long time ago.

Yawn, wake up me when InterPol arrests Swiss person Giorgio M of Bitmine.ch for the crime of being late with an ASIC.   

Oh wait, an ASIC being late is perfectly normal, predictable, and legal... 

[Unacceptable]

I'm amused at CL giving me advices on my taxes.
Posted from Bitcointa.lk - #2o2jeYEKF6Yl0rde

Likewise, we're amused at DC & Co. giving us advice on our ToS!  

Wich version?  
Seriously, you´re the most unprofessional company i´ve ever seen in my life.
In EU you would be prosecuted a long time ago.

Yawn, wake up me when InterPol arrests Swiss person Giorgio M of Bitmine.ch for the crime of being late with an ASIC.   

Oh wait, an ASIC being late is perfectly normal, predictable, and legal... 

Not according to Bitmain or ASICminer !!! 

[xstr8guy]

Oh boy, where do I preorder?!

Seriously, I have an interest in the different ASICs available but I guess I can feel good about crossing HashFast off of my list.

[HashFast_CL]

Oh boy, where do I preorder?!

Seriously, I have an interest in the different ASICs available but I guess I can feel good about crossing HashFast off of my list.

You may order a Golden Nonce ASIC board from HashFast, BlackMiner, PepperMining, or Cognitive.

Plus at least one other vendor, to be announced...   

The cool kids are all starting to use HashFast chips, because they're the fastest!

[gmaxwell]

Interesting emails today:

The hashfast customers from the G-J section of the alphabet in the email leak have been chatting amongst themselves. It's a whole additional community with many people who haven't received their hardware and whom HF has cut communications with... many of whom were unaware of how widespread the issues were.

In the middle of all that someone posted:

Hello all,

As of today, the 19th of March, Cognitive has entered a partnership with HashFast to open a parallel production line and resell HashFast chips. We will be selling Cognitive branded Hashfast "Evo" boards (http://hashfast.com/shop/sierraevo/) for April delivery or your money back. Starting on the 4th of April, 2014 we will be producing and shipping 300 boards per day achieving an average (+/- 10%) of 750Gh/s each.

The boards are available for purchase at [URL elided] today.

If desired, I can provide you a private link that displays the realtime hashing output (cgminer feed + eligius address) of a single Evo board.

Best,
Garrett MacDonald
CEO, Cognitive
1.424.253.4278

To which a bunch of people responded along the lines of WTF WHY ARE YOU GETTING CHIPS WHEN I'M STILL WAITING!?

to which he replied

The situation right now is: HashFast is short on money, I am paying for a new, separate production line to begin and will be recieving the profits from it an it's first few thousand boards. Beyond this, HashFast will take control of the line producing Evo boards and will be able to serve customers much faster than before.

The hashfast directors, myself and my partner, and both of our lawyers have talked it over and it is a go from everyone legally.

Cheap hashpower for all, and the ramp-up of a new production line for HashFast customers. This is a total win-win situation.

Best,
Garrett

[cedivad]

I would like to hear a rough number on the cost of setting up such a production line from someone with knowledge.
Posted from Bitcointa.lk - #2wkMLW1bANRqAjxl

[JointDoctor]

I would like to hear a rough number on the cost of setting up such a production line from someone with knowledge.
Posted from Bitcointa.lk - #2wkMLW1bANRqAjxl

Estimated guess, based on experience, USD 15-20 million.
The daily cost of running it, no idea... to many factors.

No matter what you do Hashfast, you will always be remembered as the greatest douchebags in the history of Bitcoin.
Mark and his MtGox fiasco is not even close to your incompetence 

[cedivad]

Estimated guess, based on experience, USD 15-20 million.
The daily cost of running it, no idea... to many factors.

Are you saying that making the PCBs is more expensive than the mask/ASIC?

Things doesn't round up, do they?
Posted from Bitcointa.lk - #ZXH5jBVSgNxW0N6P

[xstr8guy]

Oh boy, where do I preorder?!

Seriously, I have an interest in the different ASICs available but I guess I can feel good about crossing HashFast off of my list.

You may order a Golden Nonce ASIC board from HashFast, BlackMiner, PepperMining, or Cognitive.

Plus at least one other vendor, to be announced...   

The cool kids are all starting to use HashFast chips, because they're the fastest!

What reassurance would I have that the 3rd party vendors will be able to deliver your product on time and on spec if you can't fulfill your own, much older orders?

[JointDoctor]

Estimated guess, based on experience, USD 15-20 million.
The daily cost of running it, no idea... to many factors.

Are you saying that making the PCBs is more expensive than the mask/ASIC?

Things doesn't round up, do they?
Posted from Bitcointa.lk - #ZXH5jBVSgNxW0N6P

To open a new production line you need not only the cheap PCB´s and a large stock of chips but also machines, space, staff, raw material, clearance, storage, extra cofferooms ( ) etc

Have in mind, the email says "open a parallel production line", they´re not just renting the machines next to Hashlast. The email also says production line is suppose to exist in the future, it´s not just a temporary solution.