Author

Topic: HashFast announces specs for new ASIC: 400GH/s - page 567. (Read 880816 times)

full member
Activity: 210
Merit: 100
...
What is your point Crumbs?  This thread is about a product that will exist in the future.  Whether the cat will be alive or dead is yet to be determined.  You seem to be saying that people are jumping to conclusions too fast, maybe you are doing the same.

There is a large group of knowledgeable people working toward a goal.  Is that nothing?  This is how all chips have been created.  If your point is that people should not buy a product that doesn't exist, you've done that thoroughly.  Unfortunately people who wait until there is a finished product are too late in the ASIC game.

The point is so blunt that it's embarrassing for me to be the one making it.  Yet this thread has grown to 20 pages of unchecked ASIC mania, so someone had to do it.  
I see you're already orchestrating a group buy?  May i ask what it is you're buying?  

You gave a link to a paper coauthored by Simon Barber.  Bitcoin-related, for sure, but technical?  It's as relevant to ASIC design as The US Constitution.  Have you read it?  In case my point is again obscure, i'll spell it out:  The paper has nothing to do with any sort of silicon design.  Nothing.  Not relevant.

TL;DR:  What ASIC?  What specs?  Where's the cat?  Where's the cradle?

full member
Activity: 154
Merit: 100
Is your main method of contact a personal message to HashFast bitcointalk.org user?  I'm not finding any email addresses posted.  I can understand not giving dev crew's out, but shouldn't John give his?  I've searched this forum, google, their homepage, and there is no contact info.  At only a couple months out from shipping, I guess I would expect to be able to contact someone directly.  How can people come up with 500K without asking a few basic questions?

Until a little bit more information is released this is just speculation on speculation, but I'm setting up a Group Buy to start organizing interested parties, as people learn of this.
https://bitcointalksearch.org/topic/m.2854667



What is your point Crumbs?  This thread is about a product that will exist in the future.  Whether the cat will be alive or dead is yet to be determined.  You seem to be saying that people are jumping to conclusions too fast, maybe you are doing the same.

There is a large group of knowledgeable people working toward a goal.  Is that nothing?  This is how all chips have been created.  If your point is that people should not buy a product that doesn't exist, you've done that thoroughly.  Unfortunately people who wait until there is a finished product are too late in the ASIC game.

You can send inquiries to [email protected]

John
full member
Activity: 238
Merit: 100
There's a Russian saying which loosely translate to "Divvying up the hide of an unkilled bear" -- sort-a like the English "Counting your chickens before they're hatched," but with a morbid twist.
In plain English:

There is no 28nm chip.  
There is no chip at all.  
There is no maskset.  
There is no evidence there ever will be a chip.  
There is no "target" to "Stay on."
There is a fresh wordpress site & a bunch posts on a forum.
There is just ... nothing.
What's the best way to sell  nothing?

Edit: Gold Leader, ahm chahgin' mah laz0rs.

Dude for sure these guys are real.

The guy is real.  The dev board is real.  The site is real.  The hype is real.  Only the chip isn't.

Presumably we are the point where upon in theory at least it is. What do you doubt?

In theory, Pirateat40 was a brilliant investment.  In practice, he turned out to be a scammer.  Of course, Pirateat40 put a bit more time into it.

Yes and Simon's been planning this elaborate ruse for years, throughout his education at a prestigious UK university, he styled an entire fantasy career out of it culminating in a seminal piece published in a pier reviewed cryptocurrency journal about the future of Bitcoin, all to disguise his true intentions to scam a forum.

I'm not saying they might not suffer delays, but the Guy behind it is real.

I don't think all of those things were a setup for a scam, do you?  If not, what's your point?  You feel that good education & scamming are mutually exclusive?

No, I was being facetious. Clearly.

Boldface.

You know you guys don't have to include the entire quote chain when you reply to eachother right? You can cut it down, like so:


Yes and Simon's been planning this elaborate ruse for years, throughout his education at a prestigious UK university, he styled an entire fantasy career out of it culminating in a seminal piece published in a pier reviewed cryptocurrency journal about the future of Bitcoin, all to disguise his true intentions to scam a forum.

I'm not saying they might not suffer delays, but the Guy behind it is real.

I don't think all of those things were a setup for a scam, do you?  If not, what's your point?  You feel that good education & scamming are mutually exclusive?

No, I was being facetious. Clearly.

Boldface.

Makes the thread a lot easier to read.
hero member
Activity: 552
Merit: 500
Is your main method of contact a personal message to HashFast bitcointalk.org user?  I'm not finding any email addresses posted.  I can understand not giving dev crew's out, but shouldn't John give his?  I've searched this forum, google, their homepage, and there is no contact info.  At only a couple months out from shipping, I guess I would expect to be able to contact someone directly.  How can people come up with 500K without asking a few basic questions?

Until a little bit more information is released this is just speculation on speculation, but I'm setting up a Group Buy to start organizing interested parties, as people learn of this.
https://bitcointalksearch.org/topic/m.2854667

Send him a PM he's usually good to reply here, but I also expect this week has been quite busy for them so give it some time..  I could give you his cell phone # but then I would have to kill u Smiley j/k..
sr. member
Activity: 308
Merit: 250
decentralizedhashing.com
What sort of plan do you have in place to protect the bitcoin network as a whole when you will be shipping devices this powerful?  Just to put things in perspective- if you were to have these chips finalized today, a single 3000 chip reel of them would represent 1200 TH of hash power, which is nearly 500% of what the entire bitcoin network is today.  Will you be offering bulk chips for sale in these sorts of quantities, or will you be limiting your sales?  

Of course I realize that we're going to be a helluva lot higher than 250TH come october, but even if the network were to hit 1000 TH by then, a single reel of chips would *still* be enough to hold more than 51% of the hash power.

Did you get that 3000 chip per reel from somewhere, or as a thought experiment?

Also, if you add 50% of hashing power to the network you'll also increase network size, ending up with only about 33% of total network.  To make a proper 51% attack starting from 0%, you would need to more than double the network speed.  Moot point in this scenario I know Smiley
sr. member
Activity: 308
Merit: 250
decentralizedhashing.com
Is your main method of contact a personal message to HashFast bitcointalk.org user?  I'm not finding any email addresses posted.  I can understand not giving dev crew's out, but shouldn't John give his?  I've searched this forum, google, their homepage, and there is no contact info.  At only a couple months out from shipping, I guess I would expect to be able to contact someone directly.  How can people come up with 500K without asking a few basic questions?

Until a little bit more information is released this is just speculation on speculation, but I'm setting up a Group Buy to start organizing interested parties, as people learn of this.
https://bitcointalksearch.org/topic/m.2854667



What is your point Crumbs?  This thread is about a product that will exist in the future.  Whether the cat will be alive or dead is yet to be determined.  You seem to be saying that people are jumping to conclusions too fast, maybe you are doing the same.

There is a large group of knowledgeable people working toward a goal.  Is that nothing?  This is how all chips have been created.  If your point is that people should not buy a product that doesn't exist, you've done that thoroughly.  Unfortunately people who wait until there is a finished product are too late in the ASIC game.
hero member
Activity: 493
Merit: 500
Hooray for non-equilibrium thermodynamics!
I guess the point is, that until the wavefunction is collapsed and it's observed as a working hashing chip, it's in a Schrodingers cat state of both being and not being until that observation is made.... and not only that we don't even know whether there's a kitten or a tiger in the box yet.

Or if the kitten is alive or dead Cry. I'm sure Schroedinger had just this sort of situation in mind when he came up with his cruel (thought) experiment!

Edit: should have read the post above. Sorry for repetition!
full member
Activity: 210
Merit: 100
Except in this case we're told by Schrodinger himself that there *is no cat in the box.*  
The cat's aliveness or and dead-as-a-doornailness are both predicated on the cat's beingness in the box in the first place Undecided
Sorry for all that technical jargon   Cool

Edit:  replaced inclusive "or" with "and" for clarity -- quirky language, English is.
hero member
Activity: 518
Merit: 500
Hodl!
I guess the point is, that until the wavefunction is collapsed and it's observed as a working hashing chip, it's in a Schrodingers cat state of both being and not being until that observation is made.... and not only that we don't even know whether there's a kitten or a tiger in the box yet.
full member
Activity: 210
Merit: 100
There's a Russian saying which loosely translate to "Divvying up the hide of an unkilled bear" -- sort-a like the English "Counting your chickens before they're hatched," but with a morbid twist.
In plain English:

There is no 28nm chip.  
There is no chip at all.  
There is no maskset.  
There is no evidence there ever will be a chip.  
There is no "target" to "Stay on."
There is a fresh wordpress site & a bunch posts on a forum.
There is just ... nothing.
What's the best way to sell  nothing?

Edit: Gold Leader, ahm chahgin' mah laz0rs.

Dude for sure these guys are real.

The guy is real.  The dev board is real.  The site is real.  The hype is real.  Only the chip isn't.

Presumably we are the point where upon in theory at least it is. What do you doubt?

In theory, Pirateat40 was a brilliant investment.  In practice, he turned out to be a scammer.  Of course, Pirateat40 put a bit more time into it.

Yes and Simon's been planning this elaborate ruse for years, throughout his education at a prestigious UK university, he styled an entire fantasy career out of it culminating in a seminal piece published in a pier reviewed cryptocurrency journal about the future of Bitcoin, all to disguise his true intentions to scam a forum.

I'm not saying they might not suffer delays, but the Guy behind it is real.

I don't think all of those things were a setup for a scam, do you?  If not, what's your point?  You feel that good education & scamming are mutually exclusive?

No, I was being facetious. Clearly.

Boldface.
hero member
Activity: 532
Merit: 500
There's a Russian saying which loosely translate to "Divvying up the hide of an unkilled bear" -- sort-a like the English "Counting your chickens before they're hatched," but with a morbid twist.
In plain English:

There is no 28nm chip.  
There is no chip at all.  
There is no maskset.  
There is no evidence there ever will be a chip.  
There is no "target" to "Stay on."
There is a fresh wordpress site & a bunch posts on a forum.
There is just ... nothing.
What's the best way to sell  nothing?

Edit: Gold Leader, ahm chahgin' mah laz0rs.

Dude for sure these guys are real.

The guy is real.  The dev board is real.  The site is real.  The hype is real.  Only the chip isn't.

Presumably we are the point where upon in theory at least it is. What do you doubt?

In theory, Pirateat40 was a brilliant investment.  In practice, he turned out to be a scammer.  Of course, Pirateat40 put a bit more time into it.

Yes and Simon's been planning this elaborate ruse for years, throughout his education at a prestigious UK university, he styled an entire fantasy career out of it culminating in a seminal piece published in a pier reviewed cryptocurrency journal about the future of Bitcoin, all to disguise his true intentions to scam a forum.

I'm not saying they might not suffer delays, but the Guy behind it is real.

I don't think all of those things were a setup for a scam, do you?  If not, what's your point?  You feel that good education & scamming are mutually exclusive?

No, I was being facetious. Clearly.
full member
Activity: 210
Merit: 100
There's a Russian saying which loosely translate to "Divvying up the hide of an unkilled bear" -- sort-a like the English "Counting your chickens before they're hatched," but with a morbid twist.
In plain English:

There is no 28nm chip.  
There is no chip at all.  
There is no maskset.  
There is no evidence there ever will be a chip.  
There is no "target" to "Stay on."
There is a fresh wordpress site & a bunch posts on a forum.
There is just ... nothing.
What's the best way to sell  nothing?

Edit: Gold Leader, ahm chahgin' mah laz0rs.

Dude for sure these guys are real.

The guy is real.  The dev board is real.  The site is real.  The hype is real.  Only the chip isn't.

Presumably we are the point where upon in theory at least it is. What do you doubt?

In theory, Pirateat40 was a brilliant investment.  In practice, he turned out to be a scammer.  Of course, Pirateat40 put a bit more time into it.

Yes and Simon's been planning this elaborate ruse for years, throughout his education at a prestigious UK university, he styled an entire fantasy career out of it culminating in a seminal piece published in a pier reviewed cryptocurrency journal about the future of Bitcoin, all to disguise his true intentions to scam a forum.

I'm not saying they might not suffer delays, but the Guy behind it is real.

I don't think all of those things were a setup for a scam, do you?  If not, what's your point?  You feel that good education & scamming are mutually exclusive?
hero member
Activity: 532
Merit: 500
There's a Russian saying which loosely translate to "Divvying up the hide of an unkilled bear" -- sort-a like the English "Counting your chickens before they're hatched," but with a morbid twist.
In plain English:

There is no 28nm chip.  
There is no chip at all.  
There is no maskset.  
There is no evidence there ever will be a chip.  
There is no "target" to "Stay on."
There is a fresh wordpress site & a bunch posts on a forum.
There is just ... nothing.
What's the best way to sell  nothing?

Edit: Gold Leader, ahm chahgin' mah laz0rs.

Dude for sure these guys are real.

The guy is real.  The dev board is real.  The site is real.  The hype is real.  Only the chip isn't.

Presumably we are the point where upon in theory at least it is. What do you doubt?

In theory, Pirateat40 was a brilliant investment.  In practice, he turned out to be a scammer.  Of course, Pirateat40 put a bit more time into it.

Yes and Simon's been planning this elaborate ruse for years, throughout his education at a prestigious UK university, he styled an entire fantasy career out of it culminating in a seminal piece published in a pier reviewed cryptocurrency journal about the future of Bitcoin, all to disguise his true intentions to scam a forum.

I'm not saying they might not suffer delays, but the guy behind it is real.
hero member
Activity: 493
Merit: 500
Hooray for non-equilibrium thermodynamics!
Looking at their site CSS there's evidence of setting up the presales process to be an auction.
(WooCommerce auction plugin for Wordpress if you want to take a look)

Interesting idea... Maybe all looking for preorders place their bid and HashFast takes the top n high bids or something at a closing date. Haven't worked out if this would be good or bad. In fact it could backfire and result in lower prices than they'd like and we all pay less!  Grin

Maybe they're not even considering an auction and it's part of the template. Who knows...

With the gold fever that everybody has at the moment I think it's unlikely that an auction (if that does turn out to be the plan) would result in lower prices than expected Sad. Remember the ASICminer blade auctions and how people lost their heads over those? I'd be happy to be proved wrong on this though.
full member
Activity: 210
Merit: 100
There's a Russian saying which loosely translate to "Divvying up the hide of an unkilled bear" -- sort-a like the English "Counting your chickens before they're hatched," but with a morbid twist.
In plain English:

There is no 28nm chip.  
There is no chip at all.  
There is no maskset.  
There is no evidence there ever will be a chip.  
There is no "target" to "Stay on."
There is a fresh wordpress site & a bunch posts on a forum.
There is just ... nothing.
What's the best way to sell  nothing?

Edit: Gold Leader, ahm chahgin' mah laz0rs.

Dude for sure these guys are real.

The guy is real.  The dev board is real.  The site is real.  The hype is real.  Only the chip isn't.

Presumably we are the point where upon in theory at least it is. What do you doubt?

In theory, Pirateat40 was a brilliant investment.  In practice, he turned out to be a scammer.  Of course, Pirateat40 put a bit more time into it.
hero member
Activity: 532
Merit: 500
There's a Russian saying which loosely translate to "Divvying up the hide of an unkilled bear" -- sort-a like the English "Counting your chickens before they're hatched," but with a morbid twist.
In plain English:

There is no 28nm chip.  
There is no chip at all.  
There is no maskset.  
There is no evidence there ever will be a chip.  
There is no "target" to "Stay on."
There is a fresh wordpress site & a bunch posts on a forum.
There is just ... nothing.
What's the best way to sell  nothing?

Edit: Gold Leader, ahm chahgin' mah laz0rs.

Dude for sure these guys are real.

The guy is real.  The dev board is real.  The site is real.  The hype is real.  Only the chip isn't.

Presumably we are the point where upon in theory at least it is. What do you doubt?
full member
Activity: 210
Merit: 100
There's a Russian saying which loosely translate to "Divvying up the hide of an unkilled bear" -- sort-a like the English "Counting your chickens before they're hatched," but with a morbid twist.
In plain English:

There is no 28nm chip.  
There is no chip at all.  
There is no maskset.  
There is no evidence there ever will be a chip.  
There is no "target" to "Stay on."
There is a fresh wordpress site & a bunch posts on a forum.
There is just ... nothing.
What's the best way to sell  nothing?

Edit: Gold Leader, ahm chahgin' mah laz0rs.

Dude for sure these guys are real.

The guy is real.  The dev board is real.  The site is real.  The hype is real.  Only the chip isn't.
hero member
Activity: 532
Merit: 500
There's a Russian saying which loosely translate to "Divvying up the hide of an unkilled bear" -- sort-a like the English "Counting your chickens before they're hatched," but with a morbid twist.
In plain English:

There is no 28nm chip.  
There is no chip at all.  
There is no maskset.  
There is no evidence there ever will be a chip.  
There is no "target" to "Stay on."
There is a fresh wordpress site & a bunch posts on a forum.
There is just ... nothing.
What's the best way to sell  nothing?

Edit: Gold Leader, ahm chahgin' mah laz0rs.

Dude for sure these guys are real.
full member
Activity: 210
Merit: 100
There's a Russian saying which loosely translate to "Divvying up the hide of an unkilled bear" -- sort-a like the English "Counting your chickens before they're hatched," but with a morbid twist.
In plain English:

There is no 28nm chip.  
There is no chip at all.  
There is no maskset.  
There is no evidence there ever will be a chip.  
There is no "target" to "Stay on."
There is a fresh wordpress site & a bunch posts on a forum.
There is just ... nothing.
What's the best way to sell  nothing?

Edit: Gold Leader, ahm chahgin' mah laz0rs.
newbie
Activity: 41
Merit: 0
Looking at their site CSS there's evidence of setting up the presales process to be an auction.
(WooCommerce auction plugin for Wordpress if you want to take a look)

Interesting idea... Maybe all looking for preorders place their bid and HashFast takes the top n high bids or something at a closing date. Haven't worked out if this would be good or bad. In fact it could backfire and result in lower prices than they'd like and we all pay less!  Grin

Maybe they're not even considering an auction and it's part of the template. Who knows...
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