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Topic: [$0.35/GH] Bankrupted HashFast Hardware Sale - page 3. (Read 5389 times)

legendary
Activity: 1232
Merit: 1011
dont put people on ignore, you just miss all the fun.

consider also this when buying old stuff: bitfury is about to make new 28 nm chip.
legendary
Activity: 3878
Merit: 1193
Unless Bitmain has some problem with components, logistics, customs, certifications, firmware, drivers, etc.  (IOW all the things that cause HF and the rest to delay).

I understand that Bitmain currently still enjoys a shiny new reputation, but you need to realize that every new ASIC company was seen as the savior until they inevitably dropped the ball on something.

And to think I almost put you on ignore. You are hilarious! There's nothing "new" about Bitmain. They've done multiple generations of chips and shipped so many units you can't comprehend. No one does logistics better than they do. The few times they did drop the ball they fessed up and offered compensation.
hero member
Activity: 536
Merit: 500
Keep in mind these

1) Doesn't include PSU, shipping, screws or standoffs

2) Comes disassembled

3) No warranty or support because the company doesn't exist any more

4) That price assumes overclocking that not everyone will be able to achieve. Standard performance of 700GHps means over $0.41/GHps

5) Will take *at least* a week before it is shipped, and that is after GB is finalized, I'm guessing these won't be in the customers hands until at least 3 weeks to a month from now


I'd pay no more than $0.2/GHps under these conditions.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Why not order from both HF and Bitmain?

Because you lower your profitability. But hey, if you've got so much money that you don't care about profitability, they go for it! You're the perfect HF customer.

Unless Bitmain has some problem with components, logistics, customs, certifications, firmware, drivers, etc.  (IOW all the things that cause HF and the rest to delay).

I understand that Bitmain currently still enjoys a shiny new reputation, but you need to realize that every new ASIC company was seen as the savior until they inevitably dropped the ball on something.

Your Manichean hero/villain classification system is silly, and just sets you up for repeated disappointments. 

No wonder you gave ztex such awful advice.  You discouraged him from mining hundreds of BTC, because you believed your own FUD about "ZOMG REWARD HALVING ZOMG POWER COSTS ZOMG 2 YEARS TO BREAK EVEN."

It's a good thing that not all of use are so short sighted and obsessed with risk aversion.   Grin
legendary
Activity: 3878
Merit: 1193
Why not order from both HF and Bitmain?

Because you lower your profitability. But hey, if you've got so much money that you don't care about profitability, they go for it! You're the perfect HF customer.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
The price isn't "horrible" just because you can name one supposedly superior Bitmain product which may be shipping soon.

Bitmain is shipping sooner, has better power efficiency, is lower cost, comes fully assembled. HF loses on all accounts. There's no intelligent reason to chose HF over Bitmain. That makes it a horrible choice.

Why not order from both HF and Bitmain?

Have fun with your Bitmain pre-order.  I'm sure you'll get all worked up and emotionally overwrought when they inevitably make a mistake.

Not everyone is a Debbie Downer like you.  Many of us want to place bets on BTC testing and exceeding its previous ATH.

Remember when you were discouraging people from mining with FPGAs?   Grin

Typical performance should be 850 MH/s. (The prototype achieves 870 MH/s.)

Prices are:
1..4 units: 999 EUR (1355 USD)

It's great to see a quad board, but...

850 MH/s @ $5 per btc = $82/month (ignoring power costs).

$1355/82 = 16.5 months to break even...

but it gets worse, in 8 months the btc reward will drop in half. Unless the price of bitcoins doubles when the reward drops, this product will need roughly 2 full years to break even, even without taking into consideration power costs.

LOL, thanks for that great advice Negative Nancy!
legendary
Activity: 1904
Merit: 1007
The price isn't "horrible" just because you can name one supposedly superior Bitmain product which may be shipping soon.

Bitmain is shipping sooner, has better power efficiency, is lower cost, comes fully assembled. HF loses on all accounts. There's no intelligent reason to chose HF over Bitmain. That makes it a horrible choice.

icebreaker can't understand how come the fastest chip in the world isn't selling. Everyone must be stupid since they are not buying the worlds fastest chip...
legendary
Activity: 3878
Merit: 1193
The price isn't "horrible" just because you can name one supposedly superior Bitmain product which may be shipping soon.

Bitmain is shipping sooner, has better power efficiency, is lower cost, comes fully assembled. HF loses on all accounts. There's no intelligent reason to chose HF over Bitmain. That makes it a horrible choice.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Is the price right? Yes. Does the J/GH ratio still sucks? Absolutely. Does trusting them with a 20-days preorder window sucks as well? Yes.

Sorry cedivad, but the price is horrible for a low efficiency, pre-order, diy kit. Are you sure your BCT account wasn't hacked?

Maybe mounting a cooling head to a bolster plate is hard for you, but many of us find it easy and have lots of practice from overclocking our video cards.

Just because the efficiency isn't the best doesn't make it "low."  1W/GH is better than many other ASICs on the market, and you can always underclock to make it better.

$250 for a 750GH Yoli kit is a great deal.  The price isn't "horrible" just because you can name one supposedly superior Bitmain product which may be shipping soon.

cedivad is doing all of us HF creditors a favor by organizing this group buy, and you fling poo at him like some kind of deranged chimp.   Roll Eyes
legendary
Activity: 3878
Merit: 1193
By the price being right, I mean that it's the lowest possible that can be offered without having the Chinese manufacturer loosing money in this too.

Then it's DOA. There's no place in the market for it.
legendary
Activity: 1176
Merit: 1001
Is the price right? Yes. Does the J/GH ratio still sucks? Absolutely. Does trusting them with a 20-days preorder window sucks as well? Yes.
Sorry cedivad, but the price is horrible for a low efficiency, pre-order, diy kit. Are you sure your BCT account wasn't hacked?
By the price being right, I mean that it's the lowest possible that can be offered without having the Chinese manufacturer loosing money in this too.
I have no idea of what the right price for hardware is nowadays. I'm not even sure there to be a price. Is $0.01/GH a price? Because that's the price I might be buying at, with tomorrow delivery and 60-days payment.

Unfortunately, it's me. But I'm just a messenger. Again, I don't get a cent off this, I'm only trying to propose what was proposed to me, in the most transparent way possible, since that everyone else decided that proposing this thing to the community was only time lost, so they gave up even before trying.
legendary
Activity: 3878
Merit: 1193
Is the price right? Yes. Does the J/GH ratio still sucks? Absolutely. Does trusting them with a 20-days preorder window sucks as well? Yes.

Sorry cedivad, but the price is horrible for a low efficiency, pre-order, diy kit. Are you sure your BCT account wasn't hacked?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
are you buying chips? Do you have a board design ready?

If you had bothered reading the OP before blathering FUD, you would already know the answers to those questions.   Roll Eyes

Rather than respond in public, schwab is pestering me with PMs.

LOL, what an idiot.  Makes me miss the newbie jail.
legendary
Activity: 1176
Merit: 1001
Guys, I completely understand the hate towards HF. My claim is public. Go look that up if you want to know how many $, or rather how many BTC of hate I have towards them. Just run a whois for cedivad.com for my full name to be used in that search. That doesn't mean that they can't do something right, or at least try to do something right, under the guidance of someone different than their old CEO/CFO, the ones that costed HF's creditors more than $15M.

Is the price right? Yes. Does the J/GH ratio still sucks? Absolutely. Does trusting them with a 20-days preorder window sucks as well? Yes. Will they run away with the preorder money? No, since that it would be easier then to lock them away, and I'm quite sure that they don't like the idea, but that doesn't account for the Chinese supplier, of which I don't know the reputation. Is the price the best you are ever gonna get for this specific hardware? Absolutely.

So, while I agree with the sceptics of this thread, while I completely agree with them, please try not to throw your shit at people that are trying to do their best, possibly with no interest, like me (In my specific case, my net gain from a successful preorder is $0.00 and in the best case scenario I would earn something like a tenth of a cent on the dollar on my clam). Feel free to hate IceBreaker and his following shills, feel free to hate the guy who wrote the emails in the first post for his past lies, but please recognise that you are not dealing with them, not anymore.

That doesn't mean "buy", since that again, I agree that some of the alternatives could be more appealing, and that Bitcoin mining is unprofitable in general, that just means to please, not to accuse people who did nothing - in this case, the current bankrupcy management, of having done anything wrong, since that's not the case, and that with a tiny research you could agree with me on that, instead of blindly following and agreeing with the dominant line of thought.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
are you buying chips? Do you have a board design ready?

If you had bothered reading the OP before blathering FUD, you would already know the answers to those questions.   Roll Eyes
newbie
Activity: 25
Merit: 0
I'm gonna quote all the giant red flags, so far, in the thread.
Bolds are mine

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[$0.35/GH] Bankrupted HashFast Hardware Sale
First up, Hashfast itself. Oi. I mean, are you buying chips? Do you have a board design ready? Is it two years ago? Hashfast could be for you, I guess.

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kit
Nothing like DIY. Little elbow grease never hurt. I have some competency.

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The price per kit will be $260
Whoa there, I thought you said it was a kit. I mean, hell at 750ghs that isn't so horrible though. Decent electric...

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700GH has been easy and 750GH with careful setup
Wait, what? Easy/Careful. Pick one. Doesn't matter without proper community support this kit will be neither. I'd be hopeful to get 600gh/s.

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BTW The china manufacturer reports that running the boards at 450GH he measures 0.8J/GH at the wall
Well there is the truth. Get to the good stuff. Ok, but we get the bolster and the foil and it's a kit! J/GH seems a little high ya know.

Daddyfatsax-
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pre-order stuff from Hash-fast?
That's what it sorta seems like. Everyone doing a big favor for HF.

Cedivad-
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The J/GH ratio is 0.8J/GH at lower speeds (around 450GH). It goes around 1.1J/GH at higher speeds.
The truth! The truth shall set you free from this thread! I'm guessing the, uhh, higher speeds, are the easy 700 or careful 750. It hurts to want to laugh.

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iCEBREAKER
I've seen anytime this guy shows up, no go. Not very good. He's weird, a shill. All about the scam and the troll. Just a fucking pain really. Talks out of ass.

Cedivad -
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HF decided that they are not interested into this escrow account....HF that would then pay the Chinese supplier completely upfront....that is something I think not to be the case
Yaaa..... bankruptcy sale, wanting preorders, saying no. Step 1. Take money. Step 2. Run.

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(too bad that the kits are incomplete)
You even fucking know.

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The chips have been on sale for months.
And a couple decent machines came out, for limited use at high dollars. Open Source designs. Release some shit. Sale reference designs. Oh man, just what a cluster.

sr. member
Activity: 434
Merit: 254
The chips have been on sale for months. However they are quite useless without a board of some kind.

And with a board they aren't competitive. Lose lose.
I'm sure Mr. Teal would mount them on his boards for a small fee.

I would be interested in 50-100 units (@500 GHS) if someone can figure out a way to get the chips, controller, power, cooling, etc. into a rackmount case for the price at the price and performance point of the C1 or better.  Maybe only bitmaintech has the scale, but just throwing it out there in case anyone (Mr. Teal?) has the ability to source this and maybe we could make an offer for the chips on this basis.  PM me if there is a way and a will.
sr. member
Activity: 272
Merit: 250
The chips have been on sale for months. However they are quite useless without a board of some kind.

And with a board they aren't competitive. Lose lose.
I'm sure Mr. Teal would mount them on his boards for a small fee.
sr. member
Activity: 379
Merit: 250
LOL More chinese garbage trying to be sold as useful, BLAH! Get LOST with this pre-order our crap, CRAP!
legendary
Activity: 3878
Merit: 1193
The chips have been on sale for months. However they are quite useless without a board of some kind.

And with a board they aren't competitive. Lose lose.
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