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Topic: A call to the Custom Hardware community: Please let the world know about HashFas - page 2. (Read 2682 times)

legendary
Activity: 1176
Merit: 1001
The reddit post is not in homepage anymore.
sr. member
Activity: 378
Merit: 250
The more victims there are of giant frauds and fake asic manufacturers, the less likely bitcoin is to ever take hold. At any time, the majority of the companies involved in this industry have been ripping people off and lying to their customers. I have not and will not recommend to anyone I know to get involved. I took personal risks on purchases with KNC and they turned out well, but that could have gone either way. What if I'd simply seen the promises by hashfast to ship in december, or VMC. I'd be up shit creek waiting for my paddle in the mail.
staff
Activity: 4284
Merit: 8808
Concerning yourself with the future actions of others is a waste of energy.
The future of others is also the future of Bitcoin.

If small independent miners keep losing their shirts on deals like this we'll end up in a case where only huge consolidated operations with captive manufacturing will be profitable. The end result would be an enormous centralization of hash-power which would undermine the security assumptions in Bitcoin, and result in the ultimate failure of the cryptocurrency... which wouldn't be in the interest of anyone currently mining or holding coins.

Besides, the future actions of others may include my friends and future friends. Not everything is about making a profit denominated in coins or dollars.

legendary
Activity: 1176
Merit: 1001
I personally don't really care about the status of my order anymore, i only care about my lawyer and my arbitration. I haven't received my tracking yet, there is a tiny chance that they will ship it before midnight and yet the delivered (!= exwork) terminology won't fit it.

If from a lawyer and there rest of my inbox i can take a break trying to help someone out of a problem he will have, i will have done something good in my day.

gmaxwell, unfortunately i don't have the time for this right now.
hero member
Activity: 756
Merit: 501
People are still handing BFL money for vaporware.

Concerning yourself with the future actions of others is a waste of energy.

In your shoes I would be more concerned with figuring out when you actually will get batch I orders fulfilled.  Do you know how long it takes to make a volume build of circuit boards?  How much expediting the builds costs?

Ever wonder why the recent statements about shipping sound an awful lot like what Josh was saying for 9 months straight?
staff
Activity: 4284
Merit: 8808
There needs to be a freestanding domain with this information.  Doesn't have to be anything complicated. Just something that advertisements on the keyword hashfast can be pointed at.
legendary
Activity: 1176
Merit: 1001
As many of you might be aware of, HashFast has learned all the lessons from BFL and is in the process of accomplishing an even worse scam. However, it looks like that they where overconfident about overpromising. They think that they will come out of this just fine. Legally, i mean.

For several reasons, this will not be the case.

However, while their customers are proceeding legally against them, they are (and will) try to put off some other fire sales in the very next few days. People who will buy from them will be the least legally protected, due to their ever changing ToS.

I'm asking you for some cheap action to prevent this. You can start by upvoting this Reddit post:
http://www.reddit.com/r/Bitcoin/comments/1u2a3m/running_timeline_of_hashfasts_actions_lies_and/

You could create a new one with better content, if you wish.
If you have contacts with relevant journalist, i kindly ask you to let them know about this story. Many on this forum are able to help on pointing out details for some good article.

Doing this if you are a batch 1 customer will be an equivalent of biting the hand that feeds you, but it's only the right thing to do.
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