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Topic: HashFast announces specs for new ASIC: 400GH/s - page 574. (Read 880816 times)

member
Activity: 68
Merit: 10
watch
full member
Activity: 238
Merit: 100
You really need to try a little harder building up a fake profile here before shilling for a company.  Either that or just come out and say who you actually are.  Your twitter account is followed by HashFast themselves, yet you act like you only just figured out who they are. Shady.

Why would they follow their own shill on twitter?

LOL he deleted his account. Shit's getting shady here.

Okay, that's weird.

Still have the page up in a browser tab, in case the google cache up above goes away: http://i.imgur.com/RPOZwjM.png

This guy has 1 tweet ever, and he's followed both by HashFast and ASICMiner.info and betsofbitcoin and A sales VP for AsheleyMaddison (a dating site specifically for married people tho hook up and have affairs?)  What?

and the twitter account is deleted 40 minutes after it's pointed out on the forum?

Super weird.

Maybe none of those twenty want anything to do with this forum full of bullshitters and trolls but a few million more to grease the wheels wouldn't hurt if some hero trolls want to deal with the riff-raff. So what the heck, throw it out tyhere, hey hero trolls, if any of the you play on our scale wanna piece of the pie so you can be even more heroic in your den of trolls known as bitcointalk?

Maybe nothing will come of it, but at least later when the trolsl say its not fair you twenty piepeople having such bit mining operations and exclusive access to such hot chips we can say hey we gave you an opportunity, if you lot can't even raise half a frakkin mill too bad, its less than ten thousand bitcoins for gosh sake, heck close to five thou, whats your problem?

Did I do it right?

Lol.

Well, who knows what's going on.  Ultimately, if they just want to sell to their rich friends then obviously they don't have to tell us anything. On the other hand if they want to actually sell to the public they are going to need to share a lot more information.  
sr. member
Activity: 350
Merit: 250
Bitcoin is the future...
https://www.facebook.com/HashFast

About
HashFast Technologies is a fabless semiconductor company developing custom ASIC chips and equipment for specialized cryptographic hashing.
Description
HashFast Technologies LLC is a fabless semiconductor manufacturer specializing in high-performance cryptographic ASICs.

Our mission is to deliver the absolute best technology for the network verification (aka "mining") of digital currencies, specifically Bitcoin.

Our products are high-performance ASICs. Our first chip, the G1 microprocessor, is in the final stages of development. The G1 will 'tape-out' and be sent to manufacturing during the first half of August. Fabrication will take a little bit over two months, and the chips will ship to customers as soon as they leave the factory.

The G1 will have more than 50 times more hashing capacity per chip than any currently available solution, and uses as little as 10% of the power per Ghash as the current-generation ASICs.

HashFast Technologies LLC was founded in San Francisco in 2013 by by Simon Barber and Eduardo de Castro.
sr. member
Activity: 252
Merit: 250
I am looking forward to seeing what these guys have. If they have several people vouching for them (as well as a company like Uniquify) then I am guessing that they must have something tangible to offer. We just have to be patient...

You really need to try a little harder building up a fake profile here before shilling for a company.  Either that or just come out and say who you actually are.  Your twitter account is followed by HashFast themselves, yet you act like you only just figured out who they are. Shady.

https://twitter.com/MarketAlchemy/followers

Too funny, the guy just deleted his twitter account... I thought this josh guy was good at marketing?

Still have the page up in a browser tab, in case the google cache up above goes away: http://i.imgur.com/RPOZwjM.png
member
Activity: 63
Merit: 10
I am looking forward to seeing what these guys have. If they have several people vouching for them (as well as a company like Uniquify) then I am guessing that they must have something tangible to offer. We just have to be patient...

You really need to try a little harder building up a fake profile here before shilling for a company.  Either that or just come out and say who you actually are.  Your twitter account is followed by HashFast themselves, yet you act like you only just figured out who they are. Shady.

https://twitter.com/MarketAlchemy/followers

Too funny, the guy just deleted his twitter account... I thought this josh guy was good at marketing?
hero member
Activity: 552
Merit: 500
Lets just see what comes out next from these guys, I know everyone is gun shy esp after people like bfl paved the way of crapping all over their customers, now everyone is quick to judge the next guy...
legendary
Activity: 2940
Merit: 1090
Well as long as we're making shit up, how about this made up story.

Lets say it takes maybe ten million to get this far. At half a million a piece that is twenty pieces of the pie already sold just to get this far.

Maybe none of those twenty want anything to do with this forum full of bullshitters and trolls but a few million more to grease the wheels wouldn't hurt if some hero trolls want to deal with the riff-raff. So what the heck, throw it out there, hey hero trolls, do any of you that play on our scale wanna piece of the pie so you can be even more heroic in your den of trolls known as bitcointalk?

Maybe nothing will come of it, but at least later when the trolls say its not fair you twenty piepeople having such bit mining operations and exclusive access to such hot chips we can say hey we gave you an opportunity, if you lot can't even raise half a frakkin mill too bad, its less than ten thousand bitcoins for gosh sake, heck closer to five thou, whats your problem?

Did I do it right?

-MarkM-

sr. member
Activity: 252
Merit: 250
I am looking forward to seeing what these guys have. If they have several people vouching for them (as well as a company like Uniquify) then I am guessing that they must have something tangible to offer. We just have to be patient...

You really need to try a little harder building up a fake profile here before shilling for a company.  Either that or just come out and say who you actually are.  Your twitter account is followed by HashFast themselves, yet you act like you only just figured out who they are. Shady.

https://twitter.com/MarketAlchemy/followers
newbie
Activity: 14
Merit: 0
I am looking forward to seeing what these guys have. If they have several people vouching for them (as well as a company like Uniquify) then I am guessing that they must have something tangible to offer. We just have to be patient...
hero member
Activity: 761
Merit: 500
Mine Silent, Mine Deep
The best way to sell something is 1) to have something to sell and 2) sell it at a competitive price. This 500K upfront without a product is not the way to do it. Come on HashFast, you can do better.
sr. member
Activity: 270
Merit: 250
My advice is avoid any large scale mining purchases that have the slightest sniff of a centralized mining farm. It's bad for the BTC network. Just look at what ASICminer have done to spoil mining for all. Keep that hash rate spread around as much as possible.

The going rate on new ASIC releases should be less than $20 per GH/s or it wont be a happy ROI.


Well, we are all looking to meet those criteria! But there are a few problems!

  • The money would always find a way to money. That means the people with money will buy as much units as they want.
  • The second thing, if I use psychology, is the company is not going to have a 12 different prices for a single product. That means that not everyone on this planet is thinking about money, BUT everyone needs it for living (our monetary system).
  • Third thing is, if the company wants to reach as many people as they can, they should equaly proportionally send out the devices according to devices available: 10 devices available, 3 people gets 1 device, 2 people gets 2 devices and one human gets 3 devices.
  • And the last one is, that companies, does not use the psychology in selling. While they want money ASAP, they forget about selling psychology and one of the advantages of targeting more people and also selling something that is wanted from a lot people, is that, the product can be sold: one product for one customer.
full member
Activity: 238
Merit: 100
I believe Gridfinity's sales strategy is to bring potential customers into our office and show them what HashFast is doing. I really doubt a website of any kind would generate a sale of that volume.
Maybe it wouldn't.  But it probably would have been helpful if he had indicated a little bit about why he wanted the money.  You know, a little hint about the business stategy?

Maybe somebody ought to go get a copy of out-of-print To Catch a Mouse--Make a Noise Like a Cheese, written by the guy who put Radio Shack in the computer business way back when.  Main takeaway:  Tell people what you are selling, and at what price.
member
Activity: 112
Merit: 10
So this would be John Skrodenis of Hashfast;

www.linkedin.com/in/johnskrodenis

oh great another marketeer selling chips

wonder how this is gonna play out -_-
full member
Activity: 154
Merit: 100
Even if HashFast is not a scam (let's assume it for a minute just for the sake of the argument), if this is the best entry strategy that the management team thought of - it sure places big question mark on their abilities. Wouldn't it be totally different if you had *something* to show to the interested public before you ask for that kind of money?

I believe Gridfinity's sales strategy is to bring potential customers into our office and show them what HashFast is doing. I really doubt a website of any kind would generate a sale of that volume.

John
full member
Activity: 210
Merit: 100
Here you go, read all about it (was this posted already? sorry if it was -- their index page is a dead "coming soon")
>>>
 http://hashfast.com/news

Never mind, they fixedized it.  Here's a partial screencap ...
erk
hero member
Activity: 826
Merit: 500
My advice is avoid any large scale mining purchases that have the slightest sniff of a centralized mining farm. It's bad for the BTC network. Just look at what ASICminer have done to spoil mining for all. Keep that hash rate spread around as much as possible.

The going rate on new ASIC releases should be less than $20 per GH/s or it wont be a happy ROI.
full member
Activity: 238
Merit: 100
My post above said "about equal".  I stand by that appraisal.  

I was talking about whether it or not someone who could afford $500k and wanted to invest all of it in bitcoin mining would want send that money to gridfinity, tomorrow, or whether you'd be better off ordering 62 KnC Jupiters, or even developing their own chips instead. even if we were to assume that HashFast and KnC were both have chip designs that work which I think is likely - although gridfinity's ability to execute is still questionable (IMO, which doesn't matter that much because I don't have $500k anyway).

Anyway, you seem pretty stupid, so clearly arguing with you would be a waste of time.  You're certainly wrong on the facts, at least. I certainly don't care if you pre-order from KnC or not.  If you want to run around saying KnC is a scam you can do it in the KnC thread.
legendary
Activity: 1988
Merit: 1077
Honey badger just does not care
Even if HashFast is not a scam (let's assume it for a minute just for the sake of the argument), if this is the best entry strategy that the management team thought of - it sure places big question mark on their abilities. Wouldn't it be totally different if you had *something* to show to the interested public before you ask for that kind of money?
full member
Activity: 524
Merit: 100
I never said KnC is a scam.  My claim was that KnC and HashFast share several potential problems delivering a bitcoin hashing machine to your doorstep.  Neither one has shown

"evidence that they'll actually be able to deliver what they promise when they promise."

Uh, what you said was this:

"real working units"?  In my opinion the odds of looking at your KnC unit hashing away in your spare bedroom are about equal to looking at your HashFast unit hashing away in your spare bedroom.

They are both theoretical at this point.  Claiming one is real and one is not just seems naive.

You said the odds were equal. But just because two things are not 100% certain does not make them equivalent. Usain Bolt and Rosanne Barr can both claim they'll win an Olympic medal in 2016.  The fact that neither is 100% certain doesn't mean that the two claims have equal weight.

Before HashFast clarified the situation, the Gridfinity announcement made it seem like they didn't know what they were doing.


Milestone                    KnC Miner      HashFast
-----------                 -----------    ----------
Announcement             Yes               Yes
Details of Chip              No                No
Working Chip                No                No
Video of unit hashing     No                No
Delivery of units           No                 No
Percentage of network   0%                0%


My post above said "about equal".  I stand by that appraisal. 
full member
Activity: 238
Merit: 100
Notice was short to bitcointalk, but I doubt that they were hasty decisions by Hashfast or GridInfinity.

Well, let's hope they were - because if Gridfinity's business model is sound and there are lots of people looking to spend $500k on bitcoin mining hardware then we may be completely screwed as far as future difficulty  Roll Eyes

I also think Gridfinity would have put more thought into their announcement and built a better website - the just asked for money, and didn't even mention they were selling hosting as opposed to raw chips, complete units, or whatever.
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