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Topic: HashFast announces specs for new ASIC: 400GH/s - page 330. (Read 880479 times)

hero member
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Trustless IceColdWallet
legendary
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anyone have fresh news from them  Huh
legendary
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No I think that they will be at time
Not worry BTC
legendary
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It's amazing I check back every couple of hours and no word from hashfast. The clock is running out.

There is nothing amaizing. It's just another BFL style scam.
hero member
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It's amazing I check back every couple of hours and no word from hashfast. The clock is running out.
newbie
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I think that says that you have to contest delivery 10 days after being invoiced... There's no way that could be true, I must be reading it wrong.
full member
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legendary
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I was thinking about:
Quote
3. DELIVERY AND QUANTITIES.
(a) Products shall be delivered EXWORKS (Incoterms 2000) Hashfast’ manufacturing facility, or other facility as designated by Hashfast, unless otherwise agreed in writing between Hashfast and Buyer. Except for delivery dates explicitly guaranteed in the Order or Confirmation, delivery dates communicated or acknowledged by Hashfast are approximate only, and Hashfast shall not be liable for, nor shall Hashfast be in breach of its obligations to Buyer because of any delivery made within a reasonable time before or after the stated delivery date. Timely delivery requires Buyer to provide all necessary order and delivery information sufficiently prior to the agreed delivery date.
(b) In the event Buyer contests delivery, the Buyer must request a proof of delivery from Hashfast within ten (10) days of the date of Hashfast' invoice or guaranteed delivery date (whichever occurs first), otherwise delivery shall be deemed completed. If Buyer fails to take delivery, then Hashfast may deliver the Products in consignment at Buyer’s costs and expenses. No order, Agreement or any part thereof may be rescheduled or cancelled without Hashfast’ prior written consent.

Does this means that we have to contest delivery the first day of Jan (since that they can claim otherwise), give them 10 days to reply and request a refund from the 10th to the 15th of Jan?
legendary
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newbie
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legendary
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Well, i'm genuinely sorry if i'm wrong, but for once, i was going to say that HF was right. I will ask to my lawyer and report back...
sr. member
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It was UPS, but from recent news it looks like that they will be using Fedex. (and by delivery i'm afraid that the EXWORK thing on the TOS allows them to deliver to Fedex by the 31th).

@ninjarobot, they are closing every stream of information because it's their biggest strength. Keeping you at the dark allows them to have more margin of movement and not saying other lies publicly will just help them (just let gateway/hf_cl do the dirty job for you).

I just hope that you will testify what john told you when you went to visit them if we arrive to that point...

Dude, could you please stop spreading/smearing your own BS? ExWorks means that the seller won't incur on any import costs or any other additional transportation costs or logistics obligation after the seller ships. That's it. We are not supposed to pick up the items at their facilities either, which is sometimes associated to ExWorks (that's the reason we provided a shipping address). Period.

Then does delivery mean at my door?  or does ExWorks mean they have delivered when they give it do the shipping company?

YOUR DOOR of course! :-) It has never been otherwise and it will never be otherwise. We are not freight, cargo or shipping companies. So forgive these forum people for all their BS and confusion: they like to overcomplicate the simplest shit in the world.
donator
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Merit: 1000
There's a clause in original TOS that says they can change TOS in the future. I don't know if this is legal or not, it would be very useful if we can get qualified legal opinion on this issue.

I can not find this clause in the original TOS. Can you point it out? http://pastebin.com/EfS9vmRf

Can't find it in that copy (August 8th) either, don't know when it was introduced. In current copy (https://hashfast.com/checkout/terms-of-sale/) they claim this:

Quote
20. ENTIRE AGREEMENT; SEVERABILITY. These Terms, together with the order confirmation(s) sent from Hashfast to Buyer, are the entire agreement between Buyer and Hashfast with respect to its subject matter and supersedes all prior oral and written understandings, communications, or agreements between Buyer and Hashfast.

I can't see how that can be legal, but as I stated I would like an expert opinion.
This is a reminder to everyone to not enter into any new agreement with HashFast without consulting your lawyer. Their strategy is likely to roll-over old contracts into new ones, containing better protection for HashFast against legal action and remove more and more rights from customers.

For the same reason the MPP has to be viewed with scrutiny, as it is an independent contract not necessarily connected to the original purchase (dependent on the circumstance on acquiring it) and potentially subject to different TOS.

HashFast is likely preparing a wealth transfer scheme from new customers to old customers. They have to do this because they created a huge liability with their failure to deliver as promised (which they most likely deliberately took into account) and they do not want to cover the bill. Note that this scheme can be sustained as long as the market for mining equipment is expanding and HashFast can sufficiently scale the customer base. Eventually they need to collapse the Ponzi and leave some customers damaged.. but at that time those customers will have no repercussions against HashFast (since their TOS and communications are cured by that time).

This sounds like an awful thing to say but early customers are best off in case their Ponzi works and they can strip enough wealth from later customers to compensate earlier customers. HashFast will get rich in the process.

Don't expect to get much help from the legal system if you do not sufficiently protect yourself. Early customers have enough of a case to make it difficult for HashFast to defend themselves, which provides them with an incentive to simply pay early customers off in terms of additional hardware over long periods of time, but anyone who is entering a contract now will have a hard time fighting anything.
legendary
Activity: 1876
Merit: 1000
It was UPS, but from recent news it looks like that they will be using Fedex. (and by delivery i'm afraid that the EXWORK thing on the TOS allows them to deliver to Fedex by the 31th).

@ninjarobot, they are closing every stream of information because it's their biggest strength. Keeping you at the dark allows them to have more margin of movement and not saying other lies publicly will just help them (just let gateway/hf_cl do the dirty job for you).

I just hope that you will testify what john told you when you went to visit them if we arrive to that point...

Dude, could you please stop spreading/smearing your own BS? ExWorks means that the seller won't incur on any import costs or any other additional transportation costs or logistics obligation after the seller ships. That's it. We are not supposed to pick up the items at their facilities either, which is sometimes associated to ExWorks (that's the reason we provided a shipping address). Period.

Then does delivery mean at my door?  or does ExWorks mean they have delivered when they give it do the shipping company?
sr. member
Activity: 408
Merit: 250
It was UPS, but from recent news it looks like that they will be using Fedex. (and by delivery i'm afraid that the EXWORK thing on the TOS allows them to deliver to Fedex by the 31th).

@ninjarobot, they are closing every stream of information because it's their biggest strength. Keeping you at the dark allows them to have more margin of movement and not saying other lies publicly will just help them (just let gateway/hf_cl do the dirty job for you).

I just hope that you will testify what john told you when you went to visit them if we arrive to that point...

Dude, could you please stop spreading/smearing your own BS? ExWorks means that the seller won't incur on any import costs or any other additional transportation costs or logistics obligation after the seller ships. That's it. We are not supposed to pick up the items at their facilities either, which is sometimes associated to ExWorks (that's the reason we provided a shipping address). Period.
full member
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I just talked with someone from hashfast today and they claim batch #1 begins shipping Friday.

Tomorrow Friday?

Yes tomorrow.
hero member
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bitcoin hundred-aire
Email going out tonight.
legendary
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First 100% Liquid Stablecoin Backed by Gold
I guess we'll have to just take their word for it until they deliver.
Not much has changed after 5200+ posts!
newbie
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I guess we'll have to just take their word for it until they deliver.
legendary
Activity: 1904
Merit: 1007
Hashfast,

Please provide Watts and hashrate per module or per Babyjet/Sierra. I've been asking for weeks and in both emails and skype been told you'll get it for me but still nothing.

If your shipping in the next day or so I HAVE to get those numbers to get my electrician the right information so I can actually plug them in.

Thank you
I called them today, and they told me they are still at .65W/GH +- 20%

Web site says 1 watt per...
I was talking about power usage of the chip, not at the wall.

And the proof?
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