HashFast announces specs for new ASIC: 400GH/s - page 511.

cedivad

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Quote from: cedivad on October 18, 2013, 01:46:26 PM

Quote from: cedivad on October 17, 2013, 07:24:42 PM

Guys, i've yet to understand to what date we have to sum this week of delay to. 17 of october? 25 of october? 30 of october?
And what's this expensive (for our pockets) component? Are you running out of capacitors? (avalon did, remember?)

Up.

Up. Plus:

Please tell me that there is a good reason to put the PSU air intake there, in a spot that once in a rack, no air can come trough.

And if such a good reason doesn't exist, i HAVE to conclude that it is only a rendering of a non existing case for something that will not ship anytime soon done and approved from people that doesn't have any idea of what they are doing.

Puppet

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Quote from: Vagnavs on October 19, 2013, 05:59:17 PM

yes, now you cannot get ROI at all without MPP. Be interesting to see how that plays out.

How do you think MPP is going to save your ROI? For about the same price as the hardware, MPP gives you 4x the hashrate >3 months later.
THe network currently is more than doubling each month. As long as that keeps up, three months later means less than 1/8th the revenue per GH.

ALso note HF is not promising anything about when it will ship the MPP modules other than it will after 3 months. Could be 3, 6 or 12 months for all I know.
..
You would have been far better off buying twice the hardware without MPP.

DPoS

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Wesly

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Quote from: itod on October 19, 2013, 02:41:34 PM

Quote from: crumbs on October 19, 2013, 02:34:42 PM

The Terms of Sale you have agreed to ( https://hashfast.com/checkout/terms-of-sale/ )

In particular:

"(a) Guaranteed Baby Jet Delivery Dates – Batch 1. All of the 550 Baby Jet units from Hashfast’s first production batch are guaranteed for delivery by December 31, 2013"

"(b) Guaranteed Baby Jet Delivery Dates – Batch 2. All of the 550 Baby Jet units from Hashfast’s second production batch are guaranteed for delivery by February 28, 2014."

You're welcome.

Thank you for misinterpreting the point of that article 3(a). It concerns refunds, complete quote:

Quote

3. DELIVERY AND QUANTITIES.
(a) Guaranteed Baby Jet Delivery Dates – Batch 1. All of the 550 Baby Jet units from Hashfast’s first production batch are guaranteed for delivery by December 31, 2013. If Buyer ordered one or more units of such Baby Jets, and Hashfast does not deliver such units by that date, then Buyer may cancel the undelivered portion of the order at Buyer’s request and Hashfast will refund the payment for the units that Buyer purchased but did not receive and cancelled. This cancellation and refund is Buyer’s sole and exclusive remedy for Hashfast failing to deliver by the December 31, 2013 guaranteed delivery date. To avail itself of this remedy, Buyer must cancel the order before such unit(s) are delivered by Hashfast, and in any case before March 31, 2014.

The delivery date, which was part of product description, is end of October. It's the most important specification of the product together with hashrate. HF never denied that.

Actually I think crumb made a good point for once

The terms clearly stated "cancellation and refund is Buyer's sole and exclusive remedy for Hashfast failing to deliver by the December 31, 2013 guarantee delivery date." and you can't request for cancellation/refund unless Hashfast fail to deliver by that date.

Someone posted screen shot of the original Baby Jet description, it stated "Shipments begin October 20-30". So I guess as long as they ship just 1 Baby Jet by Oct 30th (to cypherdoc) then they will satisfy that condition and have until December 31st to deliver the rest of B1 Baby Jets. But that's assuming if that description is even valid, as they later changed it to say "Shipments anticipated to begin..". What does your email order confirmation say? Does it provide any shipment date? If so, did it say shipments begin, shipments anticipated to begin or guarantee delivery date?

Quote from: yottahash on August 14, 2013, 09:16:11 PM

Baby Jet product page updated just now:

Wording changed from "Shipments begin October 20-30" to "Shipments anticipated to begin: October 20-30"
The stock count just jumped around 100!
New single chip mock-up image

Stock count jumping was either HF testing the shopping cart and using up sales 100 times, or upping their first batch from 550 to 650 units...

Before:

After:

ur0pl

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Hashfast's original date of delivery was September 30th, so this does not come as a shock to me that there is some delay. I think it would be good that you guys get your MPP; however, they probably didn't order enough chips to fulfill that right now. They get their chips on a schedule of 3-4 weeks apart.

No one is mining for profit anymore. We are mining just to mine. If you want ROI, then sell your miner on ebay right after you get it. There are many people who would buy it just to mine.

cypherdoc

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Quote from: MrTeal on October 19, 2013, 09:45:41 PM

Quote from: Biffa on October 19, 2013, 05:38:56 PM

Quote from: MrTeal on October 18, 2013, 12:16:29 PM

Higher cost and lower quality? Doubtful. While Seasonic makes excellent power supplies, there are many other companies that do the same.
Even if Seasonic itself was exclusive, you could just go buy these and call it a day.

You do realise that the XFX PSU you linked to is actually a rebadged Seasonic X-Series KM3 unit? In fact most of the high end (up to 1000W) Gold and platinum PSU's from various companies are made for those companies by Seasonic including the latest models within Corsair’s AX series.

Yes, I do realize that. It was the exact reason I posted it. If for some reason Cointerra doesn't want to purchase one of the other excellent power supplies out there and really, really wants the same PSU as Hashfast, they could just do so from another vendor. Not that it's likely that HashFast has any exclusivity deal as cypherdoc was implying, but even if so that deal would be effectively useless.

i've clarified that it is not an exclusive.

MrTeal

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Quote from: Biffa on October 19, 2013, 05:38:56 PM

Quote from: MrTeal on October 18, 2013, 12:16:29 PM

Higher cost and lower quality? Doubtful. While Seasonic makes excellent power supplies, there are many other companies that do the same.
Even if Seasonic itself was exclusive, you could just go buy these and call it a day.

You do realise that the XFX PSU you linked to is actually a rebadged Seasonic X-Series KM3 unit? In fact most of the high end (up to 1000W) Gold and platinum PSU's from various companies are made for those companies by Seasonic including the latest models within Corsair’s AX series.

Yes, I do realize that. It was the exact reason I posted it. If for some reason Cointerra doesn't want to purchase one of the other excellent power supplies out there and really, really wants the same PSU as Hashfast, they could just do so from another vendor. Not that it's likely that HashFast has any exclusivity deal as cypherdoc was implying, but even if so that deal would be effectively useless.

cypherdoc

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Quote from: Amy Woodward on October 17, 2013, 07:39:19 PM

Quote from: crumbs on October 17, 2013, 07:02:52 PM

Quote from: Amy Woodward on October 17, 2013, 06:31:23 PM

Quote from: joshv06 on October 15, 2013, 10:55:35 PM

Quote from: knite on October 15, 2013, 08:42:07 PM

I'm at a BTC meetup in Sunnyvale, where the Hashfast VP of Engineering is giving a talk right now.

This is admittedly rather time-sensitive, but if anyone has any questions, I'll be happy to ask 'em!

Ask if they're still on schedule for shipping next week.

Not surprisingly, this was indeed one of the questions that came up last night.

And, as of a few days ago, ... ... it looks like we're probably going to slip, by about a week.

Ironically, not because of the silicon, even though that is the part of the system that takes the longest to manufacture. That's going through the foundry smoothly. But we ran into a delay sourcing one of our other components.
...

So you got the chips today? It's the 17th, your projected date for getting the chips from TSMC? Am i misremembering?

Trolls are funny.

This is what, the eighth time you've posted this hour? The eighth time in one hour you repeat what you hope is an embarrassing question?

The process at the foundry is going well. Someone posted an optimistic date, one I personally did not approve of nor condone. (Sorry, cypherdoc.)

And I cannot give any other dates for the foundry. I can tell you when they pop out of the oven, nothing sooner.

But honestly the foundry is not important, because that is not what will ultimately delay us. That delayed component is what is pushing our date out. Funny that you harp on the foundry when you could be harping on delayed shipping instead.

I do wonder - what else is going on today, that these repeated 'embarrassing' posts are supposed to distract us from?

Amy

.... Who is somewhat regretting her decision to hang out on the forums this afternoon.

P.S. If people DO have other questions about HashFast, please feel free to send them my way.

just to clarify this, Eduardo CEO ok'd me releasing this Oct 17 date. unfortunately, it represented the earliest, most optimistic date of the estimated window and it turns out this wasn't met.

Vagnavs

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Quote from: paranoidx on October 19, 2013, 04:56:06 PM

Difficulty is now estimated at 315,000,000.
We can no longer ROI in 90 days with 400 gh/s.

yes, now you cannot get ROI at all without MPP. Be interesting to see how that plays out.

Biffa

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Quote from: MrTeal on October 18, 2013, 12:16:29 PM

Higher cost and lower quality? Doubtful. While Seasonic makes excellent power supplies, there are many other companies that do the same.
Even if Seasonic itself was exclusive, you could just go buy these and call it a day.

You do realise that the XFX PSU you linked to is actually a rebadged Seasonic X-Series KM3 unit? In fact most of the high end (up to 1000W) Gold and platinum PSU's from various companies are made for those companies by Seasonic including the latest models within Corsair’s AX series.

paranoidx

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Difficulty is now estimated at 315,000,000.
We can no longer ROI in 90 days with 400 gh/s.

crumbs

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Quote from: itod on October 19, 2013, 02:41:34 PM

Quote from: crumbs on October 19, 2013, 02:34:42 PM

The Terms of Sale you have agreed to ( https://hashfast.com/checkout/terms-of-sale/ )

In particular:

"(a) Guaranteed Baby Jet Delivery Dates – Batch 1. All of the 550 Baby Jet units from Hashfast’s first production batch are guaranteed for delivery by December 31, 2013"

"(b) Guaranteed Baby Jet Delivery Dates – Batch 2. All of the 550 Baby Jet units from Hashfast’s second production batch are guaranteed for delivery by February 28, 2014."

You're welcome.

Thank you for misinterpreting the point of that article 3(a). It concerns refunds, complete quote:

Quote

3. DELIVERY AND QUANTITIES.
(a) Guaranteed Baby Jet Delivery Dates – Batch 1. All of the 550 Baby Jet units from Hashfast’s first production batch are guaranteed for delivery by December 31, 2013. If Buyer ordered one or more units of such Baby Jets, and Hashfast does not deliver such units by that date, then Buyer may cancel the undelivered portion of the order at Buyer’s request and Hashfast will refund the payment for the units that Buyer purchased but did not receive and cancelled. This cancellation and refund is Buyer’s sole and exclusive remedy for Hashfast failing to deliver by the December 31, 2013 guaranteed delivery date. To avail itself of this remedy, Buyer must cancel the order before such unit(s) are delivered by Hashfast, and in any case before March 31, 2014.

The delivery date, which was part of product description, is end of October. It's the most important specification of the product together with hashrate. HF never denied that.

I'm not sorry to say, but you're wrong. The wording is clear and explicit. First batch is guaranteed to be delivered by December 31.

If HasFast has made guarantees which supersede the quoted text, sauce pl0x.

Time to start reading (and understanding) stuff you agree to, no?

itod

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^ Will code for Bitcoins

Quote from: crumbs on October 19, 2013, 02:34:42 PM

The Terms of Sale you have agreed to ( https://hashfast.com/checkout/terms-of-sale/ )

In particular:

"(a) Guaranteed Baby Jet Delivery Dates – Batch 1. All of the 550 Baby Jet units from Hashfast’s first production batch are guaranteed for delivery by December 31, 2013"

"(b) Guaranteed Baby Jet Delivery Dates – Batch 2. All of the 550 Baby Jet units from Hashfast’s second production batch are guaranteed for delivery by February 28, 2014."

You're welcome.

Thank you for misinterpreting the point of that article 3(a). It concerns refunds, complete quote:

Quote

3. DELIVERY AND QUANTITIES.
(a) Guaranteed Baby Jet Delivery Dates – Batch 1. All of the 550 Baby Jet units from Hashfast’s first production batch are guaranteed for delivery by December 31, 2013. If Buyer ordered one or more units of such Baby Jets, and Hashfast does not deliver such units by that date, then Buyer may cancel the undelivered portion of the order at Buyer’s request and Hashfast will refund the payment for the units that Buyer purchased but did not receive and cancelled. This cancellation and refund is Buyer’s sole and exclusive remedy for Hashfast failing to deliver by the December 31, 2013 guaranteed delivery date. To avail itself of this remedy, Buyer must cancel the order before such unit(s) are delivered by Hashfast, and in any case before March 31, 2014.

The delivery date, which was part of product description, is end of October. It's the most important specification of the product together with hashrate. HF never denied that.

crumbs

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Quote from: itod on October 19, 2013, 02:24:44 PM

Quote from: DeathAndTaxes on October 19, 2013, 02:16:00 PM

Quote from: jjiimm_64 on October 19, 2013, 01:25:51 AM

Quote from: ninjarobot on October 19, 2013, 01:21:22 AM

My point is that any delay in shipping also means a delay for MPP as it is currently tied to the delivery date of the Batch 1 unit. So if HF ships 4 weeks late, your MPP modules will also arrive 4 weeks later. That will significantly impact your ability to earn back your investment cost.

Having the MPP 'oasis' date being Nov 1 would be very fair, at least we would be able to count on the extra miniboards near feb 1.

Hashfast can we get an official word on this? While not stated in the original MPP terms if shipment is delayed it would provide some partial assurance if that event doesn't also delay the MPP. Can the company consider having the 90 day window for MPP begin 1 Nov regardless of actual unit shipment date (with computed return towards break even beginning based on actual shipment date). Just one way HashFast can show they are the professional choice.

In situation where mining income is reduced 40% every 10 days, there's only one way to say "we apologize" for being a week late: MPP starts November 1st. It's not our fault HF doesn't deliver in October as promised, he whose fault it is should at least compensate that way.

The Terms of Sale you have agreed to ( https://hashfast.com/checkout/terms-of-sale/ )

In particular:

"(a) Guaranteed Baby Jet Delivery Dates – Batch 1. All of the 550 Baby Jet units from Hashfast’s first production batch are guaranteed for delivery by December 31, 2013"

"(b) Guaranteed Baby Jet Delivery Dates – Batch 2. All of the 550 Baby Jet units from Hashfast’s second production batch are guaranteed for delivery by February 28, 2014."

You're welcome.

itod

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^ Will code for Bitcoins

Quote from: DeathAndTaxes on October 19, 2013, 02:16:00 PM

Quote from: jjiimm_64 on October 19, 2013, 01:25:51 AM

Quote from: ninjarobot on October 19, 2013, 01:21:22 AM

My point is that any delay in shipping also means a delay for MPP as it is currently tied to the delivery date of the Batch 1 unit. So if HF ships 4 weeks late, your MPP modules will also arrive 4 weeks later. That will significantly impact your ability to earn back your investment cost.

Having the MPP 'oasis' date being Nov 1 would be very fair, at least we would be able to count on the extra miniboards near feb 1.

Hashfast can we get an official word on this? While not stated in the original MPP terms if shipment is delayed it would provide some partial assurance if that event doesn't also delay the MPP. Can the company consider having the 90 day window for MPP begin 1 Nov regardless of actual unit shipment date (with computed return towards break even beginning based on actual shipment date). Just one way HashFast can show they are the professional choice.

In situation where mining income is reduced 40% every 10 days, there's only one way to say "we apologize" for being a week late: MPP starts November 1st. It's not our fault HF doesn't deliver in October as promised, he whose fault it is should at least compensate that way.

DeathAndTaxes

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Gerald Davis

Quote from: jjiimm_64 on October 19, 2013, 01:25:51 AM

Quote from: ninjarobot on October 19, 2013, 01:21:22 AM

My point is that any delay in shipping also means a delay for MPP as it is currently tied to the delivery date of the Batch 1 unit. So if HF ships 4 weeks late, your MPP modules will also arrive 4 weeks later. That will significantly impact your ability to earn back your investment cost.

Having the MPP 'oasis' date being Nov 1 would be very fair, at least we would be able to count on the extra miniboards near feb 1.

Hashfast can we get an official word on this? While not stated in the original MPP terms if shipment is delayed it would provide some partial assurance if that event doesn't also delay the MPP. Can the company consider having the 90 day window for MPP begin 1 Nov regardless of actual unit shipment date (with computed return towards break even beginning based on actual shipment date). Just one way HashFast can show they are the professional choice.

pwnyboy

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Now that they've been called out, we'll never know.

cedivad

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Quote from: pwnyboy on October 19, 2013, 05:57:15 AM

That sounds like a good reason for Hashfast to sell individual mining boards only, and let their customers worry about the rest.

I'm quite sure that this mysterious component is inside the mining boards, if it where not, they would just ship us the mining board on time, they are too precious and we call all put together a power and cooling system somehow.

pwnyboy

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Quote from: Micky25 on October 18, 2013, 01:43:06 PM

wow, didn't even read this

---
San Francisco, CA (PRWEB) October 18, 2013

Sea Sonic Electronics Co. Ltd (‘Sea Sonic’) and HashFast Technologies LLC (‘HashFast’) announced today that they have signed an agreement for Sea Sonic to produce power supplies for HashFast’s Bitcoin mining systems.
---

to produce? Two days before delivery of the finished product? Another rocket/bullet run? Sorry, but lol?

Dun dun dun! It seems we now know what Amy meant by:

Quote from: Amy Woodward

And, as of a few days ago, ... ... it looks like we're probably going to slip, by about a week.

Ironically, not because of the silicon, even though that is the part of the system that takes the longest to manufacture. That's going through the foundry smoothly. But we ran into a delay sourcing one of our other components.

We've now found an alternative source. But that delay means it'll be challenging for us to ship finished systems before the end of October.

It's disappointing, but unfortunately these things happen. I'm glad we've made it this far through the process, and are still so close to our target date.

That sounds like a good reason for Hashfast to sell individual mining boards only, and let their customers worry about the rest.

jjiimm_64

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Quote from: ninjarobot on October 19, 2013, 01:21:22 AM

My point is that any delay in shipping also means a delay for MPP as it is currently tied to the delivery date of the Batch 1 unit. So if HF ships 4 weeks late, your MPP modules will also arrive 4 weeks later. That will significantly impact your ability to earn back your investment cost.

Having the MPP 'oasis' date being Nov 1 would be very fair, at least we would be able to count on the extra miniboards near feb 1.

Topic: HashFast announces specs for new ASIC: 400GH/s - page 511. (Read 880461 times)