I'm not sure how you figure that, without knowing the specifics of my order. I'd like to hear your reasoning though.
I'm sorry, i should not have get into the line. 
Topic: HashFast announces specs for new ASIC: 400GH/s - page 291. (Read 880461 times)
although it is almost certainly a money loser.
No.
although it is almost certainly a money loser.
No.
Order prior to 15 AUG had no mention of Dec 31. They have been in violation of their original TOS for months now.
This has been curious for me. I e-mailed Samantha numerous times about this, and she eventually said she would be 100% for sure returning a resolution from the company sometime in November. Then she never got back to me about it and quit shortly thereafter.
Order prior to 15 AUG had no mention of Dec 31. They have been in violation of their original TOS for months now.
This has been curious for me. I e-mailed Samantha numerous times about this, and she eventually said she would be 100% for sure returning a resolution from the company sometime in November. Then she never got back to me about it and quit shortly thereafter.
I've already responded to the self-mining accusation:
I'm still waiting for your answers to the legitimate accusations i posted months ago. Thanks. 
Nothing in court guys. They forced us to an arbitration. There will be an arbitration.
Hmm someone mentioned you should start arbitration long time ago. You must like wasting money.Why would anyone "start arbitration long time ago [sic]"? Until there was a failure to deliver on Dec. 31 there was no claim to arbitrate.
Order prior to 15 AUG had no mention of Dec 31. They have been in violation of their original TOS for months now.
Eligius seems to have only said that a specific account isn't theirs.
So you should all ask a representative, has HashFast ever used/tested on mainnet [with customer equipment]? If they have, did it ever produce any amount of BTC?
If so, then there, you have an answer. If he doesn't release a statement one way or the other one can only speculate on what the facts might be with non-definitive conclusions.
So you should all ask a representative, has HashFast ever used/tested on mainnet [with customer equipment]? If they have, did it ever produce any amount of BTC?
If so, then there, you have an answer. If he doesn't release a statement one way or the other one can only speculate on what the facts might be with non-definitive conclusions.
Yes, the Eligius boss was kind enough to specifically repudiate the purported evidence showing HashFast mining with customer's hardware.
Since then, no other evidence of HashFast self-mining has been provided or even suggested to exist. Therefor, the charge should be withdrawn.
In a normal Scam Accusation thread (whether misfiled in Custom Hardware or not) the accuser provides their evidence and is expected to withdraw the accusation if the supposed evidence does not prove what is claimed.
I've already responded to the self-mining accusation:
We have internal test systems. A few of them, like the Baby Jet in our office that is part of the Eligius mining pool, are doing actual mining. This is to do a full, end to end, system test. None of these test systems will be shipped to our customers. We will not use customer systems for our own purposes, especially mining.
Best,
-HashFast Community Liaison
Best,
-HashFast Community Liaison
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The Golden Nonce is:
The fastest Bitcoin mining chip in the world today — up to 735 Ghash/s per chip!
The most energy efficient mining chip in the world today — 0.59 watts per Ghash when run for maximum efficiency
The most silicon-efficient chip in the world — producing up to an astonishing 2.27 Ghash out of every square millimeter of silicon!
We couldn’t be prouder of these results – and can’t wait to see what the community can do with it.
The fastest Bitcoin mining chip in the world today — up to 735 Ghash/s per chip!
The most energy efficient mining chip in the world today — 0.59 watts per Ghash when run for maximum efficiency
The most silicon-efficient chip in the world — producing up to an astonishing 2.27 Ghash out of every square millimeter of silicon!
We couldn’t be prouder of these results – and can’t wait to see what the community can do with it.
Well, if mine ever manage to materialize they sound kind of nice.
Hiding assets is probably something we will have to expect from Hf as well. Thanks for sharing.
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The fastest Bitcoin mining chip in the world today — up to 735 Ghash/s per chip!
Uh? For how many seconds? Under liquid nitrogen? Helium? Is this repeatable in a scientific setting? Or maybe it's just marketing?Quote
We’ve Put a Temporary Hold on Sales Due to Demand.
Ok. Sorry for that. 
TL;DR - HashFast used the pre-order money and hired a lawyer on Dec 13 to cover their asses and expose yours. This document they want you to sign is the direct result of that.
https://angel.co/activity/startup_role/1007762
http://scounsel.com/adam-t-ettinger/
Folks, don't be stupid (like alot of BFL'er were). Don't use their particular form. Draft your own, then serve them under your own terms! https://angel.co/activity/startup_role/1007762
http://scounsel.com/adam-t-ettinger/
TL;DR - HashFast used the pre-order money and hired an attorney on Dec 13 to cover their ass and expose yours. This document they want you to sign is the direct result of that.
https://angel.co/activity/startup_role/1007762
http://scounsel.com/adam-t-ettinger/
https://angel.co/activity/startup_role/1007762
http://scounsel.com/adam-t-ettinger/
Terms of Service?
i'm still waiting for my 9 units just like the rest of you.
no i didn't get a tracking # or email.
no i didn't get a tracking # or email.
lol - this guy...
Just for the sake of spending some time reading a bit of Legalese.
^^ this last one seems like something to learn by memory at elementary schools.
Is this something that has to do with an unix timestamp? 30 seconds after the NOTICE DATE? What a fail, HF.
Sorry guys, i ended up quoting almost everything, because almost everything is interesting to my naive eye.
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Contract Construction. In the event that any provision(s) of this Agreement shall be held invalid or unenforceable by a court of competent jurisdiction or by any future legislative or administrative action, such holding or action shall not negate the validity or enforceability of any other provisions hereof.
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GOVERNING LAW AND ARBITRATION. ANY CLAIM, DISPUTE OR CONTROVERSY (WHETHER IN CONTRACT, TORT OR OTHERWISE, WHETHER PRE-EXISTING, PRESENT OR FUTURE, AND INCLUDING STATUTORY, CONSUMER PROTECTION, COMMON LAW, INTENTIONAL TORT) BETWEEN BUYER AND HASHFAST, its agents, employees, principals, successors, assigns, affiliates, subsidiaries, arising from or relating to the purchase of HashFast products, this Agreement, its interpretation or the breach, termination or validity thereof, (each, a “Dispute”) SHALL BE RESOLVED EXCLUSIVELY AND FINALLY BY BINDING ARBITRATION.
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Attorneys' Fees. In the event that Buyer commences litigation or arbitration based on one or more Claims, Company shall be entitled to recover reasonable attorneys' fees, expenses and court and arbitration costs as it may incur in connection with such litigation.
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Buyer likewise shall keep confidential the fact of the settlement, the terms of this Agreement, and the fact and amount of the consideration paid or to be paid hereunder and shall not release or disseminate any information concerning such matters or the terms hereof to any third party without the express written consent of the other parties hereto, except [...]
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No Reliance; No Admissions. Buyer acknowledges and agrees that in making its decision to cancel its order or consent to a later delivery, that the Buyer is not relying on any representations, assurances, statements or promises made by any of the Released Parties. It is understood and agreed that this is a compromise settlement of disputed claims, and that nothing herein shall be construed as an admission of liability or previous obligation of Company to Buyer.
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Buyer [...] hereby fully, forever, irrevocably and unconditionally releases, remises and discharges HashFast Technologies LLC (referred to as “HashFast” or “Company”), its parent companies, subsidiaries and affiliates, and each of their officers, directors, equity owners, agents, staff, employees, representatives and attorneys (each in their individual and corporate capacities) (hereinafter, the "Released Parties") from any and all actions, claims, charges, complaints, demands, causes of action, suits, rights, debts, sums of money, costs, accounts, reckonings, covenants, contracts, agreements, promises, doings, omissions, damages, executions, obligations, liabilities, damages, injuries, consequences, and expenses (including attorneys’ fees and costs), of every kind and nature which Buyer ever had or now has against the Released Parties (the “Claims”).
^^ this last one seems like something to learn by memory at elementary schools.
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[NOTICE DATE+30]
Is this something that has to do with an unix timestamp? 30 seconds after the NOTICE DATE? What a fail, HF.
Sorry guys, i ended up quoting almost everything, because almost everything is interesting to my naive eye.
http://hashfast.com/wp-content/uploads/2013/12/Batch-1-Refund-and-Release-Hashfast-Technologies-FINAL.pdf
You know, there is absolutely no reason (IMO) that you have to use HashFast's "REFUND REQUEST AND RELEASE" document to process your refunds.
You can just edit it and put in your own terms (to make it easy on them during processing, use the same template).
You (as far as I know) are required to notify them of your intent. You are NOT required to use their written terms in their own desired template form. You can submit your own request with your own (similar) wording.
Everything I read in their version is designed to negate a persons ability to get their BTC back even when no conversion took place from cryptocurrency to fiat. Why should you use their original form? If you are under the delusion that you have to use their form, you don't. You can make your own.
Make your own. Then, as required of you, serve them with the refund request you detailed on your own terms.
You know, there is absolutely no reason (IMO) that you have to use HashFast's "REFUND REQUEST AND RELEASE" document to process your refunds.
You can just edit it and put in your own terms (to make it easy on them during processing, use the same template).
You (as far as I know) are required to notify them of your intent. You are NOT required to use their written terms in their own desired template form. You can submit your own request with your own (similar) wording.
Everything I read in their version is designed to negate a persons ability to get their BTC back even when no conversion took place from cryptocurrency to fiat. Why should you use their original form? If you are under the delusion that you have to use their form, you don't. You can make your own.
Make your own. Then, as required of you, serve them with the refund request you detailed on your own terms.
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