HF decides to screw their customers at every opportunity they get. Why?
Simple answer? They're broke. They have chips they've paid for, but they do not have the capital to manufacture and ship complete miners... That's my guess anyways.
That would be my guess too but I don't understand how they can be broke after all the pre-order money they took for their first Gen boards and now their second Gen boards. And they were supposed to have had angel investors that paid for part of the development.
Perhaps their new lawyer is more expensive than initially provisioned? Or it's a choice to ride this one out in court, as obviously there is no way they can ever please their initial customers. There are many ways they can syphon off the chip development IP to a new company and keep all the debt and obligations in the old one.
Edit: Is anybody adding up how many of their excess chips they have sold off? Active Mining talks about 5000 chips. I thought I saw earlier a price for the chips in the black miner thread, was it USD 700 for one chip? Can anybody correct me?
That would mean for Active Mining over USD 3 million
This would mean a considerable amount of new money flowing in since the beginning of this year?
