Topic: HashFast announces specs for new ASIC: 400GH/s - page 501. (Read 880461 times)

Maybe because I don't feel like acting like a child like you and erdouchen? Notice how erdouchen whines  when I enter the KNC thread but he has no  problem coming in here when he wants to troll.

I'm just as upset as you guys as I have 9 BJ's on order but there's nothing I can do about it. In fact its expected. Grow up.

Haha.. no really, think about it: assuming the MPP kicks in and the overall return is exactly what was covered by the MPP, this would mean one pays $ 4560 to get $ 2760 back after more than 3 months?

damn, you were in on BFL as well.

I check this thread every once in a while, mainly to wonder why an up and coming company would hire cypherdouche, official bitwhore for Half-Fast.

I skipped the last couple of pages, in an effort to pose one quick question, posed in the midst of the following essay.

In the mid 1990's, I worked for AT&T, hired just before the Lucent spinoff.
I worked in Reading, PA, in their Micro-Electronic [ME] manufacturing sector. The department I worked in dealt directly with Substrates.
IT IS THE VERY FIRST STEP IN THE PRODUCTION OF AN INTEGRATED CIRCUIT.
We used sophisticated grinders to ensure they were all of a uniform thickness.
The substrates were then polished to the typical mirror dark gray mirror finish that comes to mind.

The substrates were shipped to other departments at the facility. I worked mostly with 3.5" and 5 inch wafers. Weeks later, the wafers would emerge from their reactors, having the different conductive, insulative and semi-conductive layers placed upon 'my' substrate. In my mind, 4 to 6 weeks seems to resonate.
(in the late 90's I changed course into the fiber optic manufacturing industry and have since lost touch with any manufacturing process enhancements for ICs)
We would then take delivery of the wafers and grind the remaining substrate off of the 'bottom' of the wafer down to scant microns above the etchings from weeks prior.

Let's say that the time to production has been halved in the past 20 years.
It doesn't change the fact that HF is only in early chip production.

So, I gotta know, is this an effect of poor planning, poor engineering or some karmic manifestation for the douchebaggery that was undertaken in the name of Half-Fast?

The first of the KnC miners were a few days late.
I would think that Hal-Fast will be much slower than KnC.

great to know we give trust to a no name company and as usual they screw there customers.
Hashfast said i belive multiple times about how they had multiple backup plans incase any one part of there production failed obviously that was an outright lie. It is clear to me that they pretty much planned everything at the last second. They on october 18th decided to switch power supplies? That is something that should of been decided a long time ago not 2 days before expected delivery.

Quite funny to see how quickly cypherdoc disappears from the chat and no longer has anything to say.

Also, can you buy MPP on the MPP boards? 

Here is a question about MPP v2:

A November Baby Jet costs $ 2760 without MPP and $ 4560 with MPP. This means the MPP costs $ 1800.


What amount is covered by the MPP? $ 2760 for the BJ or $ 4560 for the BJ + MPP?

Instead of modifying the MPP why does not HF tranfer the first babyjet orders into sierras ?

The price was the same for a BJ and for a sierra with no MPP in those sale days with november shipping. Indeed, the chips/boards are the same, so the only thing that changes is the case, which seems that they are only improving for sierras and not BJ. They dont have the chips so I doubt they have already ordered the cases for the BJs (which I am still waiting photos)

If they ship sierras for the first batch you compensate these customers for the delay, you reward them for been the first going into this, you compensate them for offering a product with 3 times more hashing power with 1 month (lets see how much is now..) gap and no saying a word, you open a chance to make ROI, so in the end those wafers that HF is supposed to have payed already, you could sell them as MPP does not have to be executed.

A significative change to the MPP is the only thing i see them doing.

No, I don't think so either. But additional hashing power or modification to the MPP is more likely and would be just as good. Once their chips are designed and working, silicon is cheap for them.

This ^
+1

The problem is that this 2+ week delay will be like 50%+ of the btc we will ever earn.
So i don't think they will be willed to offer a "rebate" for that.

I like this idea.

I actually don't want to cancel my order. I just want a rebate for the 2+ week delay, whether it be in btc, cash, or additional mining hardware that will at least give me the chance of making ROI on my order.

Also I would like firm dates for when the "November" and "December" batch units will ship so that I can judge whether those are worthwhile or not. Or whether it makes sense to cancel my batch 1 order and keep my Nov order.

The way things stand now we have no chance of making ROI. The next difficulty adjustment will likely be around 50%. Even with a Nov 15 ship date and the hashrate increase dropping to jsut 25% for the rest of the year, we will still not make ROI.

Its been there the first time I looked, but Ill be damned if I remember when that was. FWIW, their ToS state "This agreement is in effect as of Aug 02, 2013."

The situation is a little tricky.

If a company doesn't give you a delivery time, they must deliver within 30 days.

In HashFast's case, they DID give a time: 0ct 20-30 to begin shipping in order of payment.

If that is interpreted as a shipping date, in which case they are now late. If it is considered that they haven't given a firm shipment date at all, they have 30 days, so for everyone who ordered more than 30 days ago, they are late.

If a company is going to be later than 30 days, they must contact their customers and give them an option of a refund or continuing to wait.

Now the only potential snag is that HashFast said they would give refunds only if they were delayed later than Dec 31. If Dec 31 is interpreted as the shipment date, then they we are screwed.

But I only see the Oct 20-30 date referenced in my invoice and all my correspondence with them. Was the Dec 31 clause added later? If so, that is not legit. Everything that hashfast has said up to this point has implied a Oct 20-30 shipment date and no one has signed any contracts agreeing to anything else.

Therefore I believe we are entitled to refunds under the FTC's rules. Here is some background (for businesses) on the FTC's Mail and Telephone Order Rule:

http://business.ftc.gov/documents/bus02-business-guide-mail-and-telephone-order-merchandise-rule

Nasty^^.  Reminds me of my next door neighbor, a cop, once saying: "People don't understand what we do.  They think we're their friends and that we're there to help."

We should remember that while KNC may not ship Batch 2 faster than 30 days, they can assemble the units and have them all shipped in 2-3 days.

OT: DeathAndTaxes have you invested in HF ?

dont give them ideas. If they calculate ROI in dollar for the MPP, you will be far more screwed even.


In their defence though, being one or two weeks late is not exactly unheard of in this sector, its not illegal, it doesnt entitle you to jack shit according to the terms you agreed to. The one thing thats screwing over all HF customers more than anything is that KnC delivered in spades (even if also a bit late), and you probably didnt expect that, or you would have ordered with them. You can hardly blame Hashfast for KnC succeeding.

"MPP starts when shipping starts." I like that indeed. And as a customer of several Jupiters i think it would be very nice if KNC have had such a programm.

Yes, a question mark. I guess he is reading the thread.
You should have seen John vs Josh at the bitcoin conference@Amsterdam a few weeks ago.