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Topic: ► ► ►HashFast Endorsement - page 11. (Read 36924 times)

legendary
Activity: 1764
Merit: 1002
August 18, 2013, 09:53:14 AM
a few comments:

1.  i think cc payments have downside too.  they can create a false demand picture, much like financial derivatives.  anything goes wrong and those payments can vanish in an instant causing a company to implode.
2.  BTC payments, otoh, show a truer picture of real demand since they can't be reversed.  this is a fully voluntary payment option.  given sales up to this point, it doesn't seem to be a problem for many.
3.  regarding HF pre-mining with your BJ's until Dec 31:  why would they do they when that would guarantee that you, as the buyer, would not get your ROI within 3 mo?  you could then invoke the MPP which would force HF to give you up to 4x your original hashing power for free.  ex:  500GH originally bought --> 2000GH free.  i've also made it clear to them that many of you are concerned about getting low cost, or at cost hardware to support those chips.  the MPP encourages good behavior and an on time delivery.
4.  the Dec 31 full refund date protects you from HF being totally incompetent and doing a BFL and stringing everyone's pre-orders out years on end.  it gives you a full opt out provision after a reasonable amount of non-performance in terms of time if you lose faith in HF.

you are right sir, but please try to understand customers like me, with are already pissed two times (by BFL and Avalon), so any other pre-order based company is scam and shit in advance.

yeah, that's really too bad.  i feel for you.  as i've said so many times here, i don't know how i made it thru the Avalon gauntlet with my batch 2 order.  must be leading a clean life or something.  it makes it easier for me to promote pre-orders as a result.

i guess you have to realize that until the marketplace clamps down and forces all these companies to NOT do pre-orders then it will continue.  given the popularity of Bitcoin in general, and the demand for Asic mining equipment in particular, i don't see it happening anytime soon. 

you run the risk of never getting into the game.  seriously.

legendary
Activity: 1036
Merit: 1001
/dev/null
August 18, 2013, 09:48:55 AM
a few comments:

1.  i think cc payments have downside too.  they can create a false demand picture, much like financial derivatives.  anything goes wrong and those payments can vanish in an instant causing a company to implode.
2.  BTC payments, otoh, show a truer picture of real demand since they can't be reversed.  this is a fully voluntary payment option.  given sales up to this point, it doesn't seem to be a problem for many.
3.  regarding HF pre-mining with your BJ's until Dec 31:  why would they do they when that would guarantee that you, as the buyer, would not get your ROI within 3 mo?  you could then invoke the MPP which would force HF to give you up to 4x your original hashing power for free.  ex:  500GH originally bought --> 2000GH free.  i've also made it clear to them that many of you are concerned about getting low cost, or at cost hardware to support those chips.  the MPP encourages good behavior and an on time delivery.
4.  the Dec 31 full refund date protects you from HF being totally incompetent and doing a BFL and stringing everyone's pre-orders out years on end.  it gives you a full opt out provision after a reasonable amount of non-performance in terms of time if you lose faith in HF.

you are right sir, but please try to understand customers like me, who are already pissed two times (by BFL and Avalon), so any other pre-order based company is scam and shit in advance.
legendary
Activity: 1764
Merit: 1002
August 18, 2013, 09:45:41 AM
a few comments:

1.  i think cc payments have downside too.  they can create a false demand picture, much like financial derivatives.  anything goes wrong and those payments can vanish in an instant causing a company to implode.
2.  BTC payments, otoh, show a truer picture of real demand since they can't be reversed.  this is a fully voluntary payment option.  given sales up to this point, it doesn't seem to be a problem for many.
3.  regarding HF pre-mining with your BJ's until Dec 31:  why would they do that when it would guarantee that you, as the buyer, would not get your ROI within 3 mo?  you could then invoke the MPP which would force HF to give you up to 2x-4x your original hashing power for free.  ex:  500GH originally bought --> 2000GH free.  i've also made it clear to them that many of you are concerned about getting low cost, or at cost hardware to support those chips.  the MPP encourages good behavior and an on time delivery.
4.  the Dec 31 full refund date protects you from HF being totally incompetent and doing a BFL and stringing everyone's pre-orders out years on end.  it gives you a full opt out provision after a reasonable amount of non-performance in terms of time if you lose faith in HF.
legendary
Activity: 1764
Merit: 1002
August 16, 2013, 11:25:55 PM
   I don't think anyone is worried about being able to acquire a generic case or water cooler off amazon.  What I do think is a concern is getting a PCB made and populated.  Without knowing any details about the board this chip will have be go on it's impossible to know if it could be made DIY style and since many components today are surface mound and very fine pitch I'm guessing it is going to take more than a soldering iron to put one of these together.

Cypherdoc -
I also am concerned about the PCB and chip not being packaged together for the MPP (if worse comes to worse).  
Could you please request that we get a company official to state that HF will provide the extra chips with any custom components that can't be readily sourced (i.e. PCBs)

I think the MPP is very innovative and is what is making most of us pre-order folk willing to gamble on HF.  I think many of us are holding back further investment until we can get confirmation that the the MPP will provide enough hardware for the technically competent but non-EE degreed to move forward.


i have been probing at exactly this issue since one of you brought it up the other nite.  i'm trying to get the answer but i'm not sure they even know as they are trying to get the tapeout done any day now.  i'm hoping it happens next Tuesday if i'm lucky.  

don't worry, i'll get you the answer.
sr. member
Activity: 490
Merit: 255
August 16, 2013, 11:21:43 PM
    I don't think anyone is worried about being able to acquire a generic case or water cooler off amazon.  What I do think is a concern is getting a PCB made and populated.  Without knowing any details about the board this chip will have be go on it's impossible to know if it could be made DIY style and since many components today are surface mound and very fine pitch I'm guessing it is going to take more than a soldering iron to put one of these together.

Cypherdoc -
I also am concerned about the PCB and chip not being packaged together for the MPP (if worse comes to worse). 
Could you please request that we get a company official to state that HF will provide the extra chips with any custom components that can't be readily sourced (i.e. PCBs)

I think the MPP is very innovative and is what is making most of us pre-order folk willing to gamble on HF.  I think many of us are holding back further investment until we can get confirmation that the the MPP will provide enough hardware for the technically competent but non-EE degreed to move forward.
legendary
Activity: 1764
Merit: 1002
August 16, 2013, 11:10:08 PM
The whole concept is to make it possible for the small miner to rebuild an entire Babyjet around the proprietary HF chip with parts from Amazon.

Cheaply and quickly. Also better for long term maintenance.

If you have the ability and tenacity to resource and price parts better than HF, they wish to encourage that talent. Not restrict or constrain your creativity to force you to buy their hardware. This will dovetail extremely well with the MPP.

    I don't think anyone is worried about being able to acquire a generic case or water cooler off amazon.  What I do think is a concern is getting a PCB made and populated.  Without knowing any details about the board this chip will have be go on it's impossible to know if it could be made DIY style and since many components today are surface mound and very fine pitch I'm guessing it is going to take more than a soldering iron to put one of these together.

    Here are a couple questions I'd like answered...

 1. For those that placed orders via phone and have paid when can we expect confirmation emails and details about how to track our position in line?

 2. What kind of chip package do they anticipate the ASIC being, BGA? some kind of standard socket?

 3. How exactly will they calculate 'ROI' for the MPP and is that ROI in USD or BTC because they are accepting payment in BTC so my expectation is that ROI will be calculated in BTC but that isn't clear.  They should post the exact methodology they are going to use because there is a reasonable chance the MPP comes into play the way difficulty is going.

 4. When will specs or details about the board needed to run these chips be released?

 5. Can we get answers to at least the MPP calculation question in writing from a company rep because not that I don't trust you cypherdoc but pre-order customers are essentially taking an early investor level risk w/o any written documentation thus far.

    I'm a gambler so I'm in for two but if we had more concrete answers to the above questions posted on the company website or at least by a company rep in this forum I'd be inclined to go for more.

i will make sure all of these get answered.
sr. member
Activity: 479
Merit: 250
August 16, 2013, 10:43:15 PM
The whole concept is to make it possible for the small miner to rebuild an entire Babyjet around the proprietary HF chip with parts from Amazon.

Cheaply and quickly. Also better for long term maintenance.

If you have the ability and tenacity to resource and price parts better than HF, they wish to encourage that talent. Not restrict or constrain your creativity to force you to buy their hardware. This will dovetail extremely well with the MPP.

    I don't think anyone is worried about being able to acquire a generic case or water cooler off amazon.  What I do think is a concern is getting a PCB made and populated.  Without knowing any details about the board this chip will have be go on it's impossible to know if it could be made DIY style and since many components today are surface mound and very fine pitch I'm guessing it is going to take more than a soldering iron to put one of these together.

    Here are a couple questions I'd like answered...

 1. For those that placed orders via phone and have paid when can we expect confirmation emails and details about how to track our position in line?

 2. What kind of chip package do they anticipate the ASIC being, BGA? some kind of standard socket?

 3. How exactly will they calculate 'ROI' for the MPP and is that ROI in USD or BTC because they are accepting payment in BTC so my expectation is that ROI will be calculated in BTC but that isn't clear.  They should post the exact methodology they are going to use because there is a reasonable chance the MPP comes into play the way difficulty is going.

 4. When will specs or details about the board needed to run these chips be released?

 5. Can we get answers to at least the MPP calculation question in writing from a company rep because not that I don't trust you cypherdoc but pre-order customers are essentially taking an early investor level risk w/o any written documentation thus far.

    I'm a gambler so I'm in for two but if we had more concrete answers to the above questions posted on the company website or at least by a company rep in this forum I'd be inclined to go for more.
legendary
Activity: 1764
Merit: 1002
August 16, 2013, 07:50:06 PM
Guys,

I will be visiting the HashFast office within Uniquify next Tuesday.

What non-NDA type info might I collect that would most be helpful to all of you?
legendary
Activity: 1764
Merit: 1002
August 16, 2013, 01:42:48 PM
only 179 left.
legendary
Activity: 1764
Merit: 1002
August 16, 2013, 09:46:25 AM
So what happened to the verbiage about publishing the order book and weekly progress updates?

good question.  pester them about it via [email protected] or pm them.
sr. member
Activity: 434
Merit: 250
August 16, 2013, 09:25:06 AM
So what happened to the verbiage about publishing the order book and weekly progress updates?
sr. member
Activity: 252
Merit: 250
August 16, 2013, 07:53:57 AM
Any news on multi chip units?

In one of his previous posts Simon mentioned rack mountable units.

I'd like to see a 3 chip unit for around $10K mark which I believe is achievable.

they all got bought.

From hashfast sales

We plan on launching our Sierra machine, which is a multi-chip design, in the beginning on November.

Thanks Aussie,

I missed that.

Edit: Hopefully it is a better deal than the BabyJet.
hero member
Activity: 692
Merit: 500
August 16, 2013, 07:45:12 AM
Any news on multi chip units?

In one of his previous posts Simon mentioned rack mountable units.

I'd like to see a 3 chip unit for around $10K mark which I believe is achievable.

they all got bought.

From hashfast sales

We plan on launching our Sierra machine, which is a multi-chip design, in the beginning on November.
legendary
Activity: 1764
Merit: 1002
August 16, 2013, 07:00:31 AM
the original Babyjet itself will be a mid tower case again with standard parts.

Nice. Would be great if the format of the HF boards is ATX or mini-ITX compatible so you can mount them in regular PC cases.

 

The whole concept is to make it possible for the small miner to rebuild an entire Babyjet around the proprietary HF chip with parts from Amazon.

Cheaply and quickly. Also better for long term maintenance.

If you have the ability and tenacity to resource and price parts better than HF, they wish to encourage that talent. Not restrict or constrain your creativity to force you to buy their hardware. This will dovetail extremely well with the MPP.

full member
Activity: 210
Merit: 100
August 16, 2013, 06:50:51 AM
Dudes & dudettes!  New marketing gimmick:  Socketed miner boards!1!

HashFaster is proud to announce the Hash4way & HashM8 unpopulated socketed boards, future-proofed with 3 & 7 additional ASIC sockets, respectively!

Due to extremely high density of the HashFast ASIC, and HashFast's promise to provide extra chips upon failed ROI, HashFaster is offering flexible, future-proof solutions to the forward-thinking Bitcoin miner.  

HashFaster: Who would'a thunked it's this easy!TM

legendary
Activity: 1764
Merit: 1002
August 16, 2013, 06:41:50 AM
At this rate, all available units will be gone by the weekend.
legendary
Activity: 1764
Merit: 1002
August 16, 2013, 06:23:59 AM
Oh yes.

Babyjets ship WITH psu's internally. Therefore more portable, stackable, presentable, etc.
sr. member
Activity: 252
Merit: 250
August 16, 2013, 06:23:39 AM
Any news on multi chip units?

Well that's what the BJ will be if they miss. Cheesy

I assume icedrill got all the other units.

Well IceDrill has considerably scaled the original plans down due to the lack of public interest. So I wonder who bought the rest of the planned units , assuming they were to be built.
hero member
Activity: 518
Merit: 500
Hodl!
August 16, 2013, 06:15:07 AM
Any news on multi chip units?

Well that's what the BJ will be if they miss. Cheesy

I assume icedrill got all the other units.
sr. member
Activity: 252
Merit: 250
August 16, 2013, 01:01:07 AM
Any news on multi chip units?

In one of his previous posts Simon mentioned rack mountable units.

I'd like to see a 3 chip unit for around $10K mark which I believe is achievable.

they all got bought.

I didn't see any announcements, specs or pricing for them.

Can you share any info?
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