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Topic: ► ► ►HashFast Endorsement - page 5. (Read 36908 times)

full member
Activity: 154
Merit: 100
August 20, 2013, 07:28:05 PM
We've posted a new update on our blog:
https://hashfast.com/countdown-to-tapeout/

-John
legendary
Activity: 1652
Merit: 1067
Christian Antkow
August 20, 2013, 07:26:33 PM
so i find out HF was selling chunks of BTC all weekend long.
And what did the price do?  It goes UP, way UP.
So much for junior economist crumbs and his fan boys, Bargraphics and erschiesen

 This comment is so inane that it's finally forced me to put you on ignore.

 Unbelievable.

legendary
Activity: 1764
Merit: 1002
August 20, 2013, 07:21:07 PM
legendary
Activity: 1764
Merit: 1002
August 20, 2013, 12:30:27 PM
the tapeout is fully paid for and should happen towards the end of week.

there is no venture capital involved in HF.  not that there haven't been plenty of offers.  this means that there is no VC's demanding their pound of flesh or return.  the original partners, Eduardo and Simon, own 90% of the company and the remaining 10% friends and family.  this is important in that HF can give more of it's allegiance to the customers.
full member
Activity: 210
Merit: 100
August 20, 2013, 11:44:57 AM
...
again, please read carefully, if you can.

i didn't say that b/c the BTC price rose that that was evidence that HF was good for the economy.

i said it rose despite the fact that they were selling their chunks of BTC contrary to what crumbs predicted would happen.  Roll Eyes

this is what happens when trolls react and don't think.

Cypherdoc, you act like the influx of HashFast's pre-order BTC was more than Junior pissing in the pool.  
It wasn't, but pissing in the pool is still frowned upon.  So stop pretending it's a good thing. Angry
legendary
Activity: 1764
Merit: 1002
August 20, 2013, 11:15:38 AM
so i find out HF was selling chunks of BTC all weekend long.

And what did the price do?  It goes UP, way UP.

So much for junior economist crumbs and his fan boys, Bargraphics and erschiesen

Ya had nothing to do with the fact Germany claiming BTC as a taxable currency providing legitimacy to BTC.....

Please go on, only clowns and fools put trust in you at the point.



well now, that was my point all along if you'd read carefully.  i know its hard.

i said that just b/c HF has to sell coins on an exchange doesn't mean the price will go down or that it would be BAD for the economy.  there is no way to predict what effect it will have as there are any number of hidden buyers waiting in the wings; or not.  i kept saying it was irrelevant, didn't i?

the main point, which i still emphasize, is that by enabling/facilitating/forcing BTC-only payments, HF helps the Bitcoin economy by increasing BTC velocity.  which helps miner fees, exchange fees, and HF itself continue to grow.

end of story.

except it would be great to hear crumbs squeal if i didn't have him on ignore.

In all honesty, I don't think you had a point.

You just kept repeating that HashFast is good the the economy and then took the opportunity of BTC price raising to try and say "see look hah they really are (phew)"

Again only clowns and fools would put trust in you based on your "points".

again, please read carefully, if you can.

i didn't say that b/c the BTC price rose that that was evidence that HF was good for the economy.

i said it rose despite the fact that they were selling their chunks of BTC contrary to what crumbs predicted would happen.  Roll Eyes

this is what happens when trolls react and don't think.
legendary
Activity: 1764
Merit: 1002
August 20, 2013, 11:03:38 AM
so i find out HF was selling chunks of BTC all weekend long.

And what did the price do?  It goes UP, way UP.

So much for junior economist crumbs and his fan boys, Bargraphics and erschiesen

Ya had nothing to do with the fact Germany claiming BTC as a taxable currency providing legitimacy to BTC.....

Please go on, only clowns and fools put trust in you at the point.



well now, that was my point all along if you'd read carefully.  i know its hard.

i said that just b/c HF has to sell coins on an exchange doesn't mean the price will go down or that it would be BAD for the economy.  there is no way to predict what effect it will have as there are any number of hidden buyers waiting in the wings; or not.  i kept saying it was irrelevant, didn't i?

the main point, which i still emphasize, is that by enabling/facilitating/forcing BTC-only payments, HF helps the Bitcoin economy by increasing BTC velocity.  which helps miner fees, exchange fees, and HF itself continue to grow.

end of story.

except it would be great to hear crumbs squeal if i didn't have him on ignore.
hero member
Activity: 742
Merit: 500
August 20, 2013, 10:55:31 AM
legendary
Activity: 1764
Merit: 1002
August 20, 2013, 10:42:03 AM
so i find out HF was selling chunks of BTC all weekend long.

And what did the price do?  It goes UP, way UP.

So much for junior economist crumbs and his fan boys, Bargraphics and erschiesen
legendary
Activity: 1764
Merit: 1002
August 20, 2013, 08:08:15 AM
Honestly -  who is going to expect any replies of a negative nature from a "paid sponsor/endorser"  ??

No rational person would expect anything of the sort, excepting softball fluff.

Are the expenses for this trip being paid for out of the monies paid by Hashfast, or are they paid by Hashfast directly?

Nope, paid by me.

Thanks for bumping the thread.
hero member
Activity: 742
Merit: 500
August 20, 2013, 07:51:26 AM
Honestly -  who is going to expect any replies of a negative nature from a "paid sponsor/endorser"  ??

No rational person would expect anything of the sort, excepting softball fluff.

Are the expenses for this trip being paid for out of the monies paid by Hashfast, or are they paid by Hashfast directly?

Remember, he doesn't get paid unless they are successful. The reason you see 15 HashFast threads getting bumped daily by 1 line sentences from this guy. While not very bright he makes up in persistance.

Edit: Looks like I bumped the thread, do I get something for my trouble?

Yeah - wish the mods would re-enforce the one thread for the same shit rule again like they did with the 488382 BFL threads last year..  (and a good clean up merge would be nice)...  I'm sure money is lost when this thread gets bumped to the 2nd page... oh noes!... stupid.
sr. member
Activity: 322
Merit: 250
August 20, 2013, 07:38:49 AM
Honestly -  who is going to expect any replies of a negative nature from a "paid sponsor/endorser"  ??

No rational person would expect anything of the sort, excepting softball fluff.

Are the expenses for this trip being paid for out of the monies paid by Hashfast, or are they paid by Hashfast directly?
hero member
Activity: 742
Merit: 500
August 20, 2013, 07:19:41 AM
Honestly -  who is going to expect any replies of a negative nature from a "paid sponsor/endorser"  ??
legendary
Activity: 1764
Merit: 1002
August 20, 2013, 05:15:04 AM
Cointerra is 2 months behind HF.
legendary
Activity: 1764
Merit: 1002
August 20, 2013, 03:33:09 AM
1st impression.

These guys are working their asses off.  Simon and Amy still in the office @ 7:30 pm.
legendary
Activity: 1764
Merit: 1002
August 19, 2013, 11:51:10 PM
i'm in san jose at my hotel.  looking forward to going into HashFast tomorrow.

already tucked all current questions into my phone and sent them off via email to John and Eduardo.  hopefully i'll get the answers to all of them tomorrow.

now's the time to put up any others.  let me know.
full member
Activity: 154
Merit: 100
August 19, 2013, 08:33:35 PM
Cypherdoc, what currency are Hashfast intending to pay their suppliers in?

you'll have to ask them.

We are trying to pay in BTC as much as possible.
legendary
Activity: 1764
Merit: 1002
August 19, 2013, 05:43:11 PM
you guys have to remember that Simon is convinced that the Golden Nonce 1 will easily go over 500GH/s. it's just that the responsible thing to do is talk about nominal rates of 400GH/s.

he wants to avoid creating hype and over promises.
donator
Activity: 1218
Merit: 1079
Gerald Davis
August 19, 2013, 01:17:55 PM
FWIW, I'm a huge fan of this approach: https://hashfast.com/design-of-the-rig/

Having as much as absolutely possible be an off-the-shelf part that anyone can order at any time is fantastic. What I'd love to see in addition to this blog post, though, is a detailed component manifest. I assume all parts except the ASIC chip itself and the board it's mounted on are off-the-shelf parts, and it'd be great to have a list of the production components available as soon as possible.

Taking it a step further I would love if the company would consider future sales as a "kit only".  Maybe just shipping the ASICs, control board, and maybe the waterblock (as they will need some form of cooling to test them before shipment).  With places like newegg and amazon most people can get PSU, cases, and fans easily and it means the company has less to build.  Even watercooling gear can be acquired off the shelf rather easily. You could even see hobbyist threads on different setups (i.e. multi chips loops, best third party radiator, good low noise fan, etc).  Not saying change existing orders but consider it for the future.

Quote
Additionally, as has been mentioned further back, it'd be great to understand exactly what would be necessary to mount the 2nd chip if the MMP comes into effect; eg, where do you we get the PCB for it? (forgive me if this was already answered; this thread got....long).

The MMP covers just the chip for "free".  I would assume that they would offer to sell you a board populated with your free chip (i.e. price is board price minus ASIC cost).  There has also been some vague statements about open source boards that means you could (my idle speculation) see third party board builders like you do now for Avalon.   However getting some detailed answers would be helpful when deciding to buy or not. I hope HF realizes that simply shipping some chips with no method for end user to convert them into boards is utterly useless and would kill any rep they have overnight.  I have no problem with the MMP being "chips only" it is better than anyone else is offering and I understand to use the MMP would require some additional cost but SPECIFIC DETAILS would be nice.
legendary
Activity: 1764
Merit: 1002
August 19, 2013, 01:08:04 PM
i'll be in the office tomorrow.

i'm going to try and get as many answers as i can.
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