Topic: [CLOSED]R3/R4: Extended HF FLASH SALE PRICING! 2 HF Sierras, At-Cost+Host, PAID (Read 16243 times)

Don't hold your breath

If they can work themselves out of insolvency there's a chance to recover funds.

The latest is the Notice of Chapter 11 Bankruptcy Case, Meeting of Creditors, & Deadlines letter from the US Bankruptcy Court was just received. We dropped the TRO to proceed in CA.

We're going to be an official creditor in this case. Your guess is as good as mine as to what we're going to get out of this. We may be lucky to see 50 cents on the dollar let alone a full BTC refund if the situation's as bad as it looks.

In case you missed the article: http://www.coindesk.com/bitcoin-mining-manufacturer-hashfast-enters-chapter-11-bankruptcy/

Hi thomas_s,

Do you have any updates on our situation since April (even confirmation of no new updates)? Thanks!

It's a different case, has to do with the insolvency of HF as far as I can see, which would also affect us.

Is that DZ's court case or a different one? I can't tell what's going on except not much is being said.

People in this ActM thread are talking about the HF court case:

https://bitcointalk.org/index.php?topic=462370.3440

How do you see what's going on? Is it good or bad for us?

I'm calling it.

It's a shame all of my purchases through DZ turned out to be a loss. Not DZ's fault, it just sucks. Not the only group buy I've put money into that's turned out garbage, probably won't be the last.

If any funds are recovered I'm still interested, but I'm not holding my breath.

Thanks unknown. That's exactly what we were hoping/striving for: hassle free fair GBs that didn't gouge miners. It works well when manufacturers aren't too late.

I just got plain tired of dealing with trolls and some of the bickering within the co-op too, in addition to all the mfg. delays from so many different companies.

In case news: no court this week, looks like it was delayed for some reason but nothing has changed as far as the case we have against them.

It's a shame, because some of our group buys went without a hitch.  I was looking forward to the momentum.  Alas, there are a lot of disreputable people out there and they stain the reputations of every one "in the business", even the ones who are on the up and up.

Basically: that was spin and mayhaps some desperation from HF to not have a precedent set. We are asking for damages as is normal in cases like this.

==

Also: I want to publicly apologize for going MIA. I'm very sorry if you were caught in the crossfire. I owe you guys a longer explanation.

What you guys may not have known is that one persistent stalker troll w/ a so-called "Hero" membership IIRC managed to drag *my kids* into our ongoing Internet argument in an argument spanning weeks and even multiple threads. My last communication to him was weeks ago after he crossed a line in a Scam Accusation thread. I'm not comfortable engaging in a community - where a stalker/troll (without proof, no less) can engage in behavior that would get you punched in the face IRL - and can get away with it behind the anonymity of the internet.

I was disgusted by this behavior, that a veteran Bitcoin miner/investor would stoop to such levels in an attempt to attempt to besmirch my reputation and the co-op's integrity, while cowardly hiding behind his anonymity...while trying his very, very best to find out my real life name/ID. This, while showing no hesitation at trying to turn a harmless statement made about my daughter playing as a noob PC gamer as a 3 year old on Halo PC into something that somehow brought into question my long history of sales...yes, fucking Creepy Behavior with a capital C & B. This member has a record of digging deep to try to find dirt, oftentimes where there's no smoke, nor fire.

Perhaps, if you're a father, you would understand my disgust and aversion with anything having to do with this place after that. I couldn't even *think* of logging in I was so disgusted and angry. I'm sorry, if your PM is in the big backlog that's in there.

In the course of sales, I'm used to defending the co-op's integrity against all comers, but when this stalker/troll brought my kids into it, he crossed that line: this is something that as a Parent, awakens something Primal and angry within me. (FWIW: You must really, really suck at arguing if you have to bring a stranger's kid into your meaningless Internet argument)

I would do anything for my kids, and like the average parent, sacrifice a lot for my kids. I recognize that most people are regular, nice people, but the forum doesn't have a method to really punish a stalker troll that would do something so execrable and I do acknowledge the fact that there are sociopaths and psychopaths that revel in destruction (and some of them may be stalker/trolls). This was the final straw for me.

Why should I pay for abuse when I'm not a masochist? Why should I put my kids at risk if there's even a remote chance - if not this stalker/troll then another one, could find me and actually come to my house unannounced and possibly unhinged (even if they never even bought anything from me/us)?

Our time here is limited. Be nice to one another. Be less quick to throw unfounded accusations. This is *still* the *only* mining co-op that has raised hundreds of dollars of funds on behalf of others, and I'm proud of how co-op members have been quick to help one another.

So again: sorry, but please refer questions to Thomas for now. Perhaps one day I'll open up another GB here but I'm pretty much scarred and sickened by the whole matter, and a still a bit pissed off. Life is just way too short to have to engage in eternal Internet Flame Wars with the possibly unhinged on one side, and nearly every ASIC manufacturers on the other side, failing to meet yet another deadline.

For now, at this point in time: I'm taking a long hiatus from future GBs but will be closing out these GBs along with Thomas, -Redacted-, and bobsag3. Perhaps, I'll return to sales or even escrow here one day, but for now, as a human, and a father, I'm still working through some things.

An official response from our attorney:

"Redacted"

http://hashfast.com/tro-response-from-hashfast/

So their move is to deny that an order was placed?

That's good news IMO. Thanks for keeping up with this and good luck with your job search!

http://imgur.com/a/OLbc8#0

Hi guys,

Haven't run off with the money (there still is no money or BTC from our HF refund). I'd never do that. Just super bummed from all the negativity, the trolling, the bickering, manufacturers failing us over and over, and me working 7 days a week for months doing this as a second job for peanuts (actually negative not-so peanuts). I just got so sick of it esp. since I was working for less than free and couldn't take it any more.

This was an experiment in democracy in mining and trying to deal with the inevitable network difficulty rise but I/we've surrendered the pre-order GB market when we used to offer many of the best pre-order deals around because most of these manufacturers can't meet their deadlines. Others can deal with high risk pre-orders but I'm done with pre-orders from ASIC mfgs.

I've been exploring other job options while trying to cram for a particular Microsoft cert for a job I'm trying to get. I've cut back my forum presence but I'm still looking at opportunities in the cryptoeconomy.

WRT case news: these things take time but the Texas court granted a TRO against HF for about 218 BTC so regardless of how the case turns out they've been ordered to hold onto BTC of this amount till the end of the case.

BTW, from the email leak thread going on over email: even people that have asked for USD refunds from HF have had to wait for over a month in some cases.

Still on track.

https://bitcointalksearch.org/user/dyslexiczombei-140437

It's been over a month DZ.  Any news whatsoever?

Hi ! any updates on hashf'kd?