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Topic: ► ► ►HashFast Endorsement - page 12. (Read 36924 times)

hero member
Activity: 761
Merit: 500
Mine Silent, Mine Deep
August 16, 2013, 12:54:51 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.

 
legendary
Activity: 1764
Merit: 1002
August 16, 2013, 12:32:05 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.
sr. member
Activity: 252
Merit: 250
August 16, 2013, 12:29:43 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.
legendary
Activity: 1764
Merit: 1002
August 16, 2013, 12:09:02 AM
great news coming from HF about the MPP.

if the MPP is required to hand out chips, the surrounding standard hardware will be obtainable inexpensively from online stores like Amazon.  even the water cooler should only cost around $60.

the original Babyjet itself will be a mid tower case again with standard parts.

Eduardo should be releasing more specifics soon.

the sales inventory counter is dropping quickly.  if you want one, you'd better move fast.  there will not be an unlimited supply like with KNC.
full member
Activity: 173
Merit: 100
August 15, 2013, 05:58:20 AM
Why don't they fund their NRE with the funds from the deal with IceDrill's 500TH project? 500TH is enough chips for 1250 Baby Jets.

Because I don't think there are that many gullible people left, willing to pre-order and if I am not mistaken IceDrill had to scale back their numbers (I think it is 300TH now, not 500). I'd be surprised if they sell out of BabyJets, they will most likely ship in Nov/Dec and by that time a Jupiter and perhaps other similar hardware from other manufacturers will cost less.
legendary
Activity: 1512
Merit: 1000
August 15, 2013, 03:43:33 AM
So you think HashFast is raising money to fund NRE by preorder?  

If the project failed, how about the preorder fund. If HashFast do not have enough money to pay NRE, do they has enough money to refund preorders in case of the chip not delivering.


Why don't they fund their NRE with the funds from the deal with IceDrill's 500TH project? 500TH is enough chips for 1250 Baby Jets.

   I'm certainly not privy to any details related to this matter, but I do know from personal experience that it's much easier to acquire venture capital or investment funding/loans if one can prove/produce collateral or something similar IE: millions in pre-orders.

   Pre-order doesn't have to directly fund the NRE, but it can certainly be used to pay off the loans (and whatever else) consumed in NRE costs.
sr. member
Activity: 252
Merit: 250
August 15, 2013, 03:27:17 AM
OP: TLDR
*payment only in BTC - so where is my guarantee that you will refund me anytime? may I use escrow?
*not working prototype, no video or photos. just some CAD render of black box and want our money now?
*almost 3 months of waiting and free thousand of dollars loan. splendid.

and because you are from USA, I should also add 20% VAT to webpage price. hm.(



as Ytterbium has so eloquently pointed out, you're not going to get any asic mining company to fund the entire NRE, tapeout, and production costs just so you can buy a profitable money generating machine.  otherwise, they would just mine with it.

So you think HashFast is raising money to fund NRE by preorder? 

If the project failed, how about the preorder fund. If HashFast do not have enough money to pay NRE, do they has enough money to refund preorders in case of the chip not delivering.


Why don't they fund their NRE with the funds from the deal with IceDrill's 500TH project? 500TH is enough chips for 1250 Baby Jets.
member
Activity: 210
Merit: 10
August 15, 2013, 03:18:02 AM
OP: TLDR
*payment only in BTC - so where is my guarantee that you will refund me anytime? may I use escrow?
*not working prototype, no video or photos. just some CAD render of black box and want our money now?
*almost 3 months of waiting and free thousand of dollars loan. splendid.

and because you are from USA, I should also add 20% VAT to webpage price. hm.(



as Ytterbium has so eloquently pointed out, you're not going to get any asic mining company to fund the entire NRE, tapeout, and production costs just so you can buy a profitable money generating machine.  otherwise, they would just mine with it.

So you think HashFast is raising money to fund NRE by preorder? 

If the project failed, how about the preorder fund. If HashFast do not have enough money to pay NRE, do they has enough money to refund preorders in case of the chip not delivering.
hero member
Activity: 728
Merit: 500
cryptoshark
August 15, 2013, 03:02:25 AM
Our shop is live!

HashFast.com

why are you bumping topic made by shill ?
please bury it.
you have already topic about company, product, shop
what for next one in wchich 60% posts are made by shill/paid sponsor ?
legendary
Activity: 1512
Merit: 1000
August 15, 2013, 02:57:14 AM

Yes, I'm honestly telling people they cannot do this. It's fraud. It's illegal.

Care to share where you acquired your doctorate of jurisprudence?
sr. member
Activity: 433
Merit: 267
August 14, 2013, 10:42:33 PM
"significantly significantly less"
I'm pretty sure that's a typo. Or are you trying to stress "significantly"?
Sounds wonky..
full member
Activity: 154
Merit: 100
August 14, 2013, 09:26:31 PM
Our shop is live!

HashFast.com
legendary
Activity: 1764
Merit: 1002
August 14, 2013, 08:51:40 PM
this is an improvement from the site:

"We are in the process of negotiating improved rates with international carriers. If we are able to secure cheaper rates than those published on our site, we will refund the difference back to our customers."
sr. member
Activity: 490
Merit: 255
August 14, 2013, 09:58:59 AM
Well what do you think?

Case 1 hashfast ships to customer first before icedrill

Case 2 hashfast ships on time and is the first to ship on the date they say and more people flood into hashfast on next pre order

Case 3 delivery delay causes hashfast to provide more chips to x amount of orders

Case 4 difficulty increases so much that RIO is +180

Case 5 another company promising alot that cant deliver just like BFL

I have a preorder so im preparing an outcome I wanna say case 1 and 2 and im happy and made the right decision


I see 2 is not impossible... but very aggressive.
My ranking of likelihood with just the available information:
3, 4, 1,  2, 5

So the probability that HashFast is going to be awesome and make their announced deadlines to me seem at one end of the probability curve, and that they are horrible and as bad as BFL and Avalon at the other end of the probability curve... both outliers. 
I think they will be a little late is a high probablility.
I think difficulty in general will go up faster than anyone predicts making ROI longer than anyone predicts is also high.
And I am 50/50 on IceDrill receiving their chips first... but don't see it making much of a difference either way.
hero member
Activity: 486
Merit: 500
August 14, 2013, 09:49:08 AM
Well what do you think?

Case 1 hashfast ships to customer first before icedrill

Case 2 hashfast ships on time and is the first to ship on the date they say and more people flood into hashfast on next pre order

Case 3 delivery delay causes hashfast to provide more chips to x amount of orders

Case 4 difficulty increases so much that RIO is +180

Case 5 another company promising alot that cant deliver just like BFL

I have a preorder so im preparing an outcome I wanna say case 1 and 2 and im happy and made the right decision
sr. member
Activity: 336
Merit: 250
Cuddling, censored, unicorn-shaped troll.
August 14, 2013, 09:15:54 AM
I'm only assuming it will be possible to acquire them, from the protection program:

The details:

We will give you double the extra capacity you would have needed to break even (up to a maximum of 4x your original purchase). The extra capacity will be chips only, to be used with a HashFast or third party chassis.

sr. member
Activity: 490
Merit: 255
August 14, 2013, 09:07:09 AM
So they will provide just chips?
Yup.

Apparently, they will also provide the casing, boards, etc.
Just...not for free. Grin

I think that is reasonable if the "extra" cost of the hardware is reasonable.

Kouye - Do you have a link, or are you implying a "full cost" machine?

Dopamine - Here is a link to the discussion about HashFast's "Miner Protection Program"
https://bitcointalksearch.org/topic/hashfast-miner-protection-program-discussion-272906
sr. member
Activity: 336
Merit: 250
Cuddling, censored, unicorn-shaped troll.
August 14, 2013, 08:53:11 AM
So they will provide just chips?
Yup.

Apparently, they will also provide the casing, boards, etc.
Just...not for free. Grin
full member
Activity: 210
Merit: 100
August 14, 2013, 08:51:26 AM
...
If u don't break even in 90 days, you get a complimentary chip for each BabyJet you've ordered.  Do with that chip whatever you like.

So they will provide just chips?

Yup.
hero member
Activity: 486
Merit: 500
August 14, 2013, 08:42:04 AM
If it is 90+ you would be eligible for some kind of vague asic additional hashpower for free!

Hopefully it will be in a usable form, because I have a feeling that feature is going to get a lot of use.

Can u explain?

If u don't break even in 90 days, you get a complimentary chip for each BabyJet you've ordered.  Do with that chip whatever you like.

So they will provide just chips?
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