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Topic: HashFast launches sales of the Baby Jet - page 18. (Read 119648 times)

qwk
donator
Activity: 3542
Merit: 3413
Shitcoin Minimalist
November 14, 2013, 07:56:31 AM
For the record, Im going to put everyone with an advertising signature so bright and obnoxious that it requires sunglasses on ignore. Nothing personal fubly, just getting sick of all the gambling/HF/whatever ads and tons of nonsense posters posting solely to monetize their signature space.
Click Profile - Look and Layout Preferences - Don't show users' signatures.
Much more efficient than hitting "ignore" repeatedly.
legendary
Activity: 980
Merit: 1040
November 14, 2013, 04:58:28 AM
For the record, Im going to put everyone with an advertising signature so bright and obnoxious that it requires sunglasses on ignore. Nothing personal fubly, just getting sick of all the gambling/HF/whatever ads and tons of nonsense posters posting solely to monetize their signature space.
hero member
Activity: 561
Merit: 521
Trustless IceColdWallet
November 14, 2013, 04:54:15 AM
Big News! HashFast Signs Exclusive Deal with CIARA Technologies

Hi, HF

have you booked the ciara staff for production? What do you think when they can start building the first miner?
full member
Activity: 238
Merit: 100
November 14, 2013, 03:09:17 AM
comparing 40nm to 28nm isn't a linear comparison like you did.  its two dimensional, thus maybe you could fit four times (or at least more than two times since 40 isn't a doubling of 28) as many transistors in a similar die area.

I think you need to read more carefully. 40 is about 1.5 times 28, and (40/28)2 is actually almost exactly 2. So, no you can't fit more then 2.0409x the number of transistors moving from a 40nm to 28nm design.

Also, the gate length of a transistor actually does scale linearly, so the power and gate delay do scale linearly.

With that caveat, a die shrink from 55nm to 28m means 4x the transistor density (552/282 = 4.0).  Lets be generous and say 50% higher clocks are possible

Hmm, for some reason I was thinking it was 40nm, not 55. Heh. That actually makes the comparison even better in bitfury's favor.

Also you're ignoring the transistor gate length, which gives you another performance doubling from 55 to 28nm.

You can't get a pcb (no case, fans, cooling, heatsinks, power, host, etc) for the prices you claim even with free ASICs. Just once again to illustrate how silly $50 per TH/s is.  You say Bitfury is the answer to lower cost, at $50 per TH/s that is $2 per board for the overclocked version with higher output power regulators. All PCB production cost, all components, ASICs, assembly, testing, yield losses, etc.  $2 per board.   $2 a board for a 5" by 6" PCB with over 100 components.   I mean it is hard to point that out with a straight face.  Even if your board was $2 power, cooling, open racks, etc have a non-zero cost.

Puppet is a textbook case of the Dunning-Kruger effect.

The only way difficulty can continue to go up exponentially is if the price does as well.  There is no way anyone can afford to keep paying exponential amounts to fabs, PCB printers, Surface mounting, power companies and so on. It's completely absurd. Look at KnC using the entire world supply of their VRMs.

On the other hand, with the recent price increase plans that weren't viable are viable now. People who bought KnCs were able to the number of miners with the bitcoins they'd mined, even though they weren't close to full ROI in bitcoin, just USD.

If bitcoin hits 1k or higher there will be a lot more investment in mining.

But, if it drops back down to $100, $200 - it's going to have to level off. People simply won't be able to afford to produce more, and once we see 16/14nm designs we won't be able to get more hashrate due to moore's law til 2016/17

I have no reason to bash HashFast because, unlike every other ASIC company, they are serious about building the best mining hardware on the planet.

How much are you getting paid by HashFast's competition go troll their threads with your silly, increasingly moronic and desperate FUD?

They're also serious about keeping all those profits for themselves. Their customers sure as hell aren't going to get it. How exactly do you promise to ship in October, but don't get your wafers until the middle of November, again? When did BFL get their wafers? Wasn't it back in February or something?

Not only miners, but I bet angel investors are pissed too that they didn't just buy btc directly.
Nah, they will be just fine.

They'll be fine, but they could've made 3x their money already assuming they handed Barber over the capital when btc was around $100.

Are you kidding?  They've already made 3x their investment. Probably more.


Hi all!

Check out the latest blog post on the HashFast website: https://hashfast.com/silicon-in-silicon-valley/.

Cheers,

The HashFast Team

When will we get out Baby Jets?

December 30th.

Unless bitcoin is $1k in which case they'll just refund your USD purchase price and then go buy an island.

Technically the USD/BTC exchange rate will have no effect on whether or not you will see your BTC again.

Difficulty will grow more quickly if the price is higher, as miners will have more USD equivalent to pay for hardware.
hero member
Activity: 561
Merit: 521
Trustless IceColdWallet
November 14, 2013, 02:32:29 AM
Have a look to your HF the receipt footer, copy this text and post it here.

On the receipt If HF did not deliver until the 31.Dec.2013, i can request an refund, which must be made
inhalf 15 day, no later than the 15.jan 2014.


Problem:
1. you also throw your MPP away (Batch one customer)
2. KNC  did not deliver miner in JAN - March
3. upgrades as cheep at the moment (1500 USD / 400 Gh/s)
legendary
Activity: 980
Merit: 1040
November 14, 2013, 02:18:13 AM
IANAL and Im not sure if that would be argument enough (I dont even see it on the website anywhere?), but Im merely pointing out it may not be as straightforward as some people think. A ToS provision does not supersede law and doesnt make a visit to a lawyer by definition pointless.
sr. member
Activity: 479
Merit: 250
November 14, 2013, 02:05:47 AM
Just because hashfast (or BFL) puts something in its ToS, doesnt mean its legally binding. For instance:

No written contract for the sale or purchase of consumer goods, entered into on or after the effective date of this section, to which a consumer is a party, shall contain a mandatory arbitration clause.
..
The provisions of a mandatory arbitration clause shall be null and void.  

http://codes.lp.findlaw.com/nycode/GBS/26/399-c


    I don't think that law will apply since it specifically defines a consumer good as something for, "personal, family or household purposes" and HF has repeatedly said their mining equipment is for commercial use.
sr. member
Activity: 479
Merit: 250
November 14, 2013, 02:03:50 AM
The more BTC grows, the latter we will see anything, there is nothing we can really do about it. My 5BTC trowaway-lawyer found is now worth 2000$...
Why not start the arbitration process?  You are bound by it anyways and it's less then $2000

This. You agreed to arbitration in the TOS.  A judge sees that and he is going to throw your case out of court a long with a big lecture on following the terms of your contract which means arbitration first.  Any competent counsel will tell you the same thing, of course they will charge you $300/hr for the exact same advice.

I purchased manually via phone / email while the website was down on the 10th and was never shown any legal terms prior to the sale only the "delivery expected Oct. 30th!" promises.  If I were HF I wouldn't count on those terms being enforceable for customers like me who weren't given a chance to review them at the time of the sale.  In my case that document was sent to me over a week after the sale had been made.
legendary
Activity: 980
Merit: 1040
November 14, 2013, 01:59:37 AM
Just because hashfast (or BFL) puts something in its ToS, doesnt mean its legally binding. For instance:

No written contract for the sale or purchase of consumer goods, entered into on or after the effective date of this section, to which a consumer is a party, shall contain a mandatory arbitration clause.
..
The provisions of a mandatory arbitration clause shall be null and void.  

http://codes.lp.findlaw.com/nycode/GBS/26/399-c

donator
Activity: 1218
Merit: 1079
Gerald Davis
November 14, 2013, 01:19:38 AM
The more BTC grows, the latter we will see anything, there is nothing we can really do about it. My 5BTC trowaway-lawyer found is now worth 2000$...
Why not start the arbitration process?  You are bound by it anyways and it's less then $2000

This. You agreed to arbitration in the TOS.  A judge sees that and he is going to throw your case out of court a long with a big lecture on following the terms of your contract which means arbitration first.  Any competent counsel will tell you the same thing, of course they will charge you $300/hr for the exact same advice.
legendary
Activity: 896
Merit: 1006
First 100% Liquid Stablecoin Backed by Gold
November 14, 2013, 12:54:05 AM
The more BTC grows, the latter we will see anything, there is nothing we can really do about it. My 5BTC trowaway-lawyer found is now worth 2000$...
Why not start the arbitration process?  You are bound by it anyways and it's less then $2000
legendary
Activity: 1176
Merit: 1001
November 13, 2013, 08:27:07 PM
Technically the USD/BTC exchange rate will have no effect on whether or not you will see your BTC again.
Technically, yes. On an experience based point of view (bfl rulez), you can delay as long as your customers make back the initial USD investment.
full member
Activity: 168
Merit: 100
November 13, 2013, 08:05:37 PM
Technically the USD/BTC exchange rate will have no effect on whether or not you will see your BTC again.
legendary
Activity: 1176
Merit: 1001
November 13, 2013, 06:51:48 AM
The more BTC grows, the latter we will see anything, there is nothing we can really do about it. My 5BTC trowaway-lawyer found is now worth 2000$...
hero member
Activity: 561
Merit: 521
Trustless IceColdWallet
November 13, 2013, 03:23:38 AM
The golden nonce chip is able to broken into 4 pieces

Like a Chunky!

 Cheesy   Tongue



Here you will find the answer, how it works:

https://hashfast.com/wp-content/uploads/2013/10/gn_protocol.pdf
hero member
Activity: 561
Merit: 521
Trustless IceColdWallet
November 13, 2013, 02:51:03 AM
is it possible to cancel batch one and buy the sierra?

How will it work?

Or is it better to wait for shipment of batch one and sell this?

Or, did you deliver the baby jet inside a sierra box, so that i can buy 2 upgrades?

And when will you (HF) start shipping the upgrades?


For the picture: 5 thumps up and 7 stars from me.

Everything will be fine!!!!


Guys, don´t be nervously:

The price for 1 oz gold is higher than the cost to mine them!

The price for 1 btc will be higher than the cost to mine them!


Do you all believe, that the price for one oz gold will drop under the price to mine one oz gold?

NO!

That´s the same with BTC, people will be stupid to sell bitcoin´s less than the mining cost!


My calc is: (start mining in dec 2013)

Price for 1 BTC >= the cost to mine them

Cost of mining rig 400 Gh/s (HF) 6000 USD Batch one

Time to mine one BTC = 2,5 Days

Time to break even = 90 Day´s

90 day´s mining =+- 9 to 10 (start mining in dec)

6000 USD / 10 Bitcoin = 600 USD

Estimated price for on Bitcoin in March 2014 = 600 USD

What do you thing about this calc.


My calc is: (start mining in FEB 2014)

Price for 1 BTC >= the cost to mine them

Cost of mining rig 1200 Gh/s (HF) 6500 USD Batch one

Time to mine one BTC = x Days

Time to break even = 90 Day´s

90 day´s mining =+- 5 to 6 (start mining in dec)

6500 USD / 5 Bitcoin = 600 USD

Estimated price for on Bitcoin in June 2014 = 1300 USD

What do you thing about this calc.


Difficulty:

When i look to http://mining.thegenesisblock.com

I can´t believe that it will not be possible to mine one BTC, when
start mining in June 2014!

What is wrong with their calculation?

Does the diff grows really so much?

I can´t find an thread about: "Hashfast´s Open Source Interface Protocol"
legendary
Activity: 980
Merit: 1040
November 13, 2013, 02:04:58 AM
You wrote this on the 23rd:
"The good news is that the silicon, arguably the more complicated part of the design, is right on track. "


And yet 2-4 weeks after promised product shipment to customers, you proudly post a first picture of a bare (ok,'packaged' lol) wafer. How could it have been on track?
hero member
Activity: 784
Merit: 1000
November 12, 2013, 11:09:49 PM
When will I get my 12 Batch 1 Baby Jets?

Ouch, how much BTC was that?
sr. member
Activity: 392
Merit: 250
November 12, 2013, 10:05:57 PM
Hi all,

Here is a picture of Eduardo deCastro, CEO, receiving the wafers!


I've got the business card of a good barber here in Austin.  Msg me.
legendary
Activity: 1176
Merit: 1001
November 12, 2013, 07:18:04 PM
When will I get my 12 Batch 1 Baby Jets?
When will i get my 12x0.4x4 TH as per MPP?
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