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Topic: HashFast announces specs for new ASIC: 400GH/s - page 544. (Read 880461 times)

full member
Activity: 154
Merit: 100
Any news back on the mock tape out ?

Are you still on schedule for Oct shipping ?

Yes - mock tapeout went very well, and yes we are on schedule.

-John
sr. member
Activity: 308
Merit: 251
The realist
In your example, we would give you enough ASICs to double the amount of additional hashing capacity that you would have needed - not just enough to break even.

So say instead of 2, you would give 4. So I'll have to pay 4x boards/4x assembly/4x delivery. Have to use even MORE money before than to get back my money. You say more than break even so I'm assuming it's enough to just cover the electricity/boards/assembly/delivery and not just the initial purchase only. I mean it would be dumb to say you're going to give guaranteed profits but you're not saying that since this is not an insurance policy  Roll Eyes


By the way, what do you mean by licensed rig makers? Would you be licensing your boards to them so they can build it or is it just verified/certified rig builders?

If it's the former, damn you're going to be making even more money.
hero member
Activity: 692
Merit: 500
Any news back on the mock tape out ?

Are you still on schedule for Oct shipping ?
full member
Activity: 154
Merit: 100
Where's tapeout?
  Tongue

Let me put it this way: I rushed to get these details out before tapeout, so that they wouldn't be overshadowed by more exciting news Smiley

-John
sr. member
Activity: 308
Merit: 251
The realist
Yes how did the mock tape out go? You said few days ago you would give us an update within minutes.

I'm guessing the mock tape out did not go very well?  Roll Eyes
ImI
legendary
Activity: 1946
Merit: 1019
sr. member
Activity: 322
Merit: 250
Where's tapeout?
  Tongue
ImI
legendary
Activity: 1946
Merit: 1019

I like that!

And to all those constant haters: It just an option! If you dont like it nobody forces you to take it!
full member
Activity: 154
Merit: 100
So let me get this straight. If I buy 2 BJ machines for 11k

And it starts mining but I only earn back about 10k worth of BTC by the timeframe. Then hashfast will send me chips to enable me to get ROI. Well not exactly "ROI". Just break even only. So then I'll have to flop out a further 1-3k for boards/shipping/assembly to potential earn back the missing [11k-10k] 1k worth of BTC? So overall I would still be at loss given that scenario.

 Roll Eyes

Oh does it take into account shipping costs as well? Because that's like 700usd or something?  Cheesy

We are trying to leverage our superior silicon design to benefit our customers, as much as possible.

In your example, we would give you enough ASICs to double the amount of additional hashing capacity that you would have needed - not just enough to break even.
sr. member
Activity: 308
Merit: 251
The realist
And as well as electricity costs/running costs?

You know a better thing to do would be to offer refunds at anytime prior to delivery.
sr. member
Activity: 308
Merit: 251
The realist
So let me get this straight. If I buy 2 BJ machines for 11k

And it starts mining but I only earn back about 10k worth of BTC by the timeframe. Then hashfast will send me chips to enable me to get ROI. Well not exactly "ROI". Just break even only. So then I'll have to flop out a further 1-3k for boards/shipping/assembly to potential earn back the missing [11k-10k] 1k worth of BTC? So overall I would still be at loss given that scenario.

 Roll Eyes

Oh does it take into account shipping costs as well? Because that's like 700usd or something?  Cheesy
sr. member
Activity: 297
Merit: 250
Also, all this "Miner Protection Program" is useless since the terms state it is non-binding and we as the buyer have no recourse to any consumer protection since they only take BTC.
sr. member
Activity: 308
Merit: 251
The realist
Except you have to flop out even more money for boards/shipping/assembly/labor and what not to mount these chips onto.

And the downside is that if you're losing money, now you'll have to flop out even more money to potentially earn back what you lost.
legendary
Activity: 1764
Merit: 1002
Hi Everyone,

We have unveiled details of our Miner Protection Program here:  hashfast.com/miner-protection-program/

-John
Nice idea.



It's way more than nice.

And it happens to be unbeatable.
erk
hero member
Activity: 826
Merit: 500
Hi Everyone,

We have unveiled details of our Miner Protection Program here:  hashfast.com/miner-protection-program/

-John
Nice idea.

full member
Activity: 154
Merit: 100
Hi Everyone,

We have unveiled details of our Miner Protection Program here:  hashfast.com/miner-protection-program/

-John
hero member
Activity: 991
Merit: 500
Can we get some updates? I don't want another domino effect like BFL. I'm still waiting on 2 Single pre-orders form them (July 15 2012)..
sr. member
Activity: 280
Merit: 250
Hell?
I completely agree. it was fun to start, now this whole pre-order thing is exhausting.
legendary
Activity: 1498
Merit: 1000
All good man, these damn ASIC preorders and failures has driven us all nuts!
sr. member
Activity: 280
Merit: 250
Hell?
I agree I was a bit harsh. Sorry about that! I just got all up in arms when there was a comparison done to chips that both don't exist. Sorry again!
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