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Topic: HashFast announces specs for new ASIC: 400GH/s - page 544. (Read 880816 times)

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!
legendary
Activity: 1498
Merit: 1000
big talk from someone who doesnt even have a chip in hand.

Seems like sufficient credentials to talk BIG.

Code:
Amy has previously worked for Google, Pivotal Labs, and several Bay Area startups, 
as well as Nortel and the National Research Council of Canada.
She holds a Bachelor’s degree in Computer Engineering from McMaster University, Canada
Ah you probably are not aware of the achievements of the 1984 generation! Just ask him and you will be impressed..

She has a degree, she has worked in the industry, she seems legit to me. Let us see when the chips hit the ground and then we can start talking smack. Seems to be a lot of drift from BFL / Avalon disappointment to threads like these. Need to give the companies enough slack to hang themselves I thought?

Willing to give this company a chance as well as others. Let there be chips.
I was just being ironic on keenan84, which is a good guy btw and misunderstood him previously and went a bit harsh on him!

I am sure Amy is overqualified to do the job!
hero member
Activity: 924
Merit: 1000
big talk from someone who doesnt even have a chip in hand.

Seems like sufficient credentials to talk BIG.

Code:
Amy has previously worked for Google, Pivotal Labs, and several Bay Area startups, 
as well as Nortel and the National Research Council of Canada.
She holds a Bachelor’s degree in Computer Engineering from McMaster University, Canada
Ah you probably are not aware of the achievements of the 1984 generation! Just ask him and you will be impressed..

She has a degree, she has worked in the industry, she seems legit to me. Let us see when the chips hit the ground and then we can start talking smack. Seems to be a lot of drift from BFL / Avalon disappointment to threads like these. Need to give the companies enough slack to hang themselves I thought?

Willing to give this company a chance as well as others. Let there be chips.
legendary
Activity: 1498
Merit: 1000
big talk from someone who doesnt even have a chip in hand.

Seems like sufficient credentials to talk BIG.

Code:
Amy has previously worked for Google, Pivotal Labs, and several Bay Area startups, 
as well as Nortel and the National Research Council of Canada.
She holds a Bachelor’s degree in Computer Engineering from McMaster University, Canada
Ah you probably are not aware of the achievements of the 1984 generation! Just ask him and you will be impressed..
hero member
Activity: 924
Merit: 1000
big talk from someone who doesnt even have a chip in hand.

Seems like sufficient credentials to talk BIG.

Code:
Amy has previously worked for Google, Pivotal Labs, and several Bay Area startups, 
as well as Nortel and the National Research Council of Canada.
She holds a Bachelor’s degree in Computer Engineering from McMaster University, Canada
full member
Activity: 210
Merit: 100
We've posted a new update on our blog:
https://hashfast.com/countdown-to-tapeout/

-John

Any updates on the Tapeout?

It hasn't happened yet, but it is very close. I wish I could say more... but will soon.

 - John


The sun will come out
Tomorrow
Bet your bottom dollar
That tomorrow
There'll be sun
Just thinkin' about
Tomorrow
Clears away the cobwebs
And the sorrow
'Til there's none


Chin up, kids!
sr. member
Activity: 490
Merit: 255
Slow sales equates to a late tapeout. The fab run can take a while so you're looking at mid Nov to mid Dec. Delayed  Roll Eyes

I guess that is what the MPP and refund backstops are for... to keep the incentives in the right places.
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