Topic: HashFast announces specs for new ASIC: 400GH/s - page 378. (Read 880461 times)

 If you benefited by learning from their mistakes, why have you failed to ship your first offering when they are presently working on their second ?

 I do need to concur with others in this thread; Your hubris and attitude is beginning to mimic a certain COO we regard poorly.

So you are not going to have water cooling liquid leaking from boxes when they arrive after UPS abuses the boxes, just like the demo unit at the Vegas show, that could not even survive a simple plane trip?


Here you are right, the handling of the software support by working with the cgminer developers is a good thing. At least something to credit HF for.

Because from this post: https://bitcointalksearch.org/topic/m.3956671 you can clearly see that he/she is not the sharpest tool in the shed:


Is the printer already fixed? (scroll back to see that gem)

knc dont made mistake , they just deliver when they promised to deliver... shame on you Hashfast

Okay, maybe they did go full Inaba....



All I do hope is that they become a new technology supplier of future Hashing hardware...if they survive their first batch. We can only hope.

Hashfast has gone full Inaba?

Preposterous....

cough cough...

Instead of congratulating themselves on the 25% hashing power increase, HF should be apologizing profusely and saying they know the 25% is little consolation to their early investors, but hope it will at least reduce the pain.

HF_CL, you do know your company fucked up, right? +25% only means you're fucking up less. Stop trying to justify failures...lay down, take the warranted criticism, put your nose to the grindstone and deliver. Stop "bragging" -- put up or shut up. You're getting all this flack right now because you've inappropriately "celebrated" your 500GH/s achievement and are talking about how much better your undelivered (and late) product will be compared to competitors.

Since they keep saying they have learned from BFL & KNC you can probably expect them to just give refunds to the batch 1's and spare rushing out a product that will just be full of customer service issues and RMAs

Time to go make some bitbets

The puddle of coolant in their trade show demo unit, and the unconcerned booth bots probably didn't help matters either regarding reputation.

Personally, I am still holding out hope for HF.  They seemed at the start to have the interest of the miner in mind, and with the MPP, seemed to skew the incentives toward as timely a delivery as possible. Turns out the "earliest possible" delivery time wasn't actually possible.

At this point I just want the waiting to end... first for the initial order... then for the MPP... (100% ROI via btc refund would be fine too).

As far as I recall, I haven't penned a word about HashFast, but I'll tell you this. While at Inside Bitcoins, the general consensus I've overheard about HashFast is that they are not a company to consider when considering which outfit to purchase miners from. In fact, most pointed out this thread if one wanted a humorous read, of which now I can see why. The best and the worse I can say about HashFast at this penning.

~TMIBTCITW

Hashfast_CL -

I think the current exchange rate is amplifying the problem with the "late" shipping.

If the machines were still valued at ~$6k, I think a bunch of us would be pissed, but many of us would just shrug it off.

Now when the value of the machine is essentially $60K... and it looks like under best case scenarios we might get the equivalent of only 1/2 that back... well... to say it stings a little is an understatement.  We didn't invest in Hashfast as a charity.  We expected that there was a real opportunity to invest with a good chance of making more than we put in.

I know the question as to whether you will be refunding in FIAT/BTC... or the currency used to purchase... is above your pay grade.  I also understand that you are moving heaven and earth to make sure you don't need to figure that out.

My advice?
1) Give up here.  This well is poisoned by the cardinal sin/belief that B1 will never earn close to our investment back.  Even Avalon, whom I think went from hero to zero in a matter of 2 months, manned up and fell on their sword and offered back original purchase refunds (all in BTC), when they were clearly delayed for their B3 miners.
2) Have a HF official provide meaningful technical information on progress no matter how small in the twitter stream.  4x a day would be considered minimum. For example, wall power still hasn't been published even if it is a tentative number.  If you want to be innovative about transparency... have them really post it as it happens.
3) Understand that many of the customer here have paid upwards of a luxury car on the product and it isn't over when you ship.  Have an HF official update the twitter stream on MPP status.
4) See point 1.

Good luck.  You have made an impressive technical achievement, but the time line expectations were just incompatible with the environment that is cut throat mining.

Hashfast_CL

Your website said "ships October 20 -30".
Your TOS when I purchased said nothing about shipping by December 31st.

Stop pretending that you told us that the chips were gonna be delivered by December 31st because that is a lie.  Your website stated otherwise and you guys stated October as well.  It seems you got amnesia as soon as you changed your TOS, but the posts and evidenceare still out there.

You made an impressive chip it was just 2 months too late.

I understand you can't control the difficulty but you could have at least shipped close to the ship date you gave us.  You have royally fucked us and we demand compensation for your lies.

why are you flipping out??  anyone with a KNC miner should be sending Eduardio Christmas presents

It's creepy how the last few pages of this thread make me feel like I'm reading all the BFL threads from early this year... Just fucking creepy.

+1 million

You might have learnt from their mistakes, but you didn't learn from the one thing they did right: they shipped almost on time (I received my units on 3/4th October and the deadline was 31st September). That's the MOST important thing. Time is the essence in this business.

This is why you get angry replies: you seem to be bashing KnC and bragging on how superior you are, while you screwed up the shipping dates by 2 months - that's an EPIC fail and that is something you are supposed to control. No one blames you of difficulty growth, everybody blames you on being late 2 long months that make ROI impossible. Nobody would have bought your batch #1 units if they weren't expected for October.

Keep digging, there, buddy.  

When companies swindle their customers with fraudulent statements about their products, it's a bad thing that's both unethical and legally actionable.

Mister Smiley Face, Inaba_HF, we all know that Hashfast can't just come out and say that it defrauded customers by repeatedly indicating a delivery date that it knew it could not meet, that would make Cedivad's lawyer's job too easy; but that simple fact is now apparent to all, and that is why we're expecting a more contrite attitude and, most importantly, actions by the company to rectify the damage incurred.