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Topic: HashFast launches sales of the Baby Jet - page 57. (Read 119669 times)

legendary
Activity: 1974
Merit: 1003
August 13, 2013, 03:46:36 AM
i'm curious if people are still stupid enough to make pre-orders after BFL and AVALON stories  Roll Eyes I myself, refuse to make anymore pre-orders.
sr. member
Activity: 378
Merit: 250
August 13, 2013, 03:26:18 AM


i didn t really read the fine print

there will still be costs for the buyer as he ll need to make an pcb and make it assembled so that s not really a buyer protection if he needs still to spend to get it done

u ll need to improve this guys if you want to do things seriously
full member
Activity: 238
Merit: 100
August 13, 2013, 03:14:02 AM
That's the thing.

Even if they try to do the same thing, their  chip production costs should be significantly higher.

How would you know?
legendary
Activity: 1764
Merit: 1002
August 13, 2013, 02:54:04 AM
The extra capacity will be chips only, to be used with a HashFast or third party chassis.

I'm not harping the "buyer protection plan" (it is a lot more than any other company has done, so I applaud HashFast for this), but make sure you guys read the fine print.

You will need to pay for the chips to be assembled into actual mining equipment (which is probably why they can afford to do this).

Yes, this is true but the hardware specs will be open sourced from the get go which should spawn a new generation of Babyjet clones into which these high performance, high efficiency chips can be inserted.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
August 13, 2013, 02:48:21 AM
The extra capacity will be chips only, to be used with a HashFast or third party chassis.

I'm not harping the "buyer protection plan" (it is a lot more than any other company has done, so I applaud HashFast for this), but make sure you guys read the fine print.

You will need to pay for the chips to be assembled into actual mining equipment (which is probably why they can afford to do this).
legendary
Activity: 1764
Merit: 1002
August 13, 2013, 02:40:03 AM
This is good.  Hopefully KnC will do something similar, if not better.

This will almost certainly come into play, dropping your prices to $14/Gh/s in "November" to $3.5/Gh/s by feb/march.

I guess it also means your profit margins are at least 75%.

That's the thing.

Even if they try to do the same thing, their  chip production costs should be significantly higher.
full member
Activity: 238
Merit: 100
August 13, 2013, 02:33:58 AM
This is good.  Hopefully KnC will do something similar, if not better.

This will almost certainly come into play, dropping your prices to $14/Gh/s in "November" to $3.5/Gh/s by feb/march.

I guess it also means your profit margins are at least 75%.
sr. member
Activity: 378
Merit: 250
August 13, 2013, 02:13:40 AM
that s really interesting

comparing to others who only wants our money for preorders and nre
full member
Activity: 154
Merit: 100
August 13, 2013, 02:04:06 AM

Hating to break into the talk about how babies are made Smiley...

Still - here is Miner Protection Program:

Along with everyone else, we too have been closely watching the growth of the network Hashrate.

It is of concern to all miners,  particularly to those looking to pre-purchase equipment.  The more time there is between purchase and delivery, the greater the risk that the Hashrate will climb to a point where the miner will never make their money back.

That is the reason behind our Miner Protection Program, and the guarantee we provide is:

If any of our pre-purchase customers has not achieved payback on their investment in HashFast equipment within 90 days* of taking delivery from us, we will support them by providing them with up to 4X the Hashing capacity they originally purchased, free of charge.


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.

*Assuming you have been running your mining rig 24/7, ROI calculated from the daily difficulty level, block arrival rate, and hash rate of equipment delivered.


Eduardo deCastro
Founder and CEO, Hashfast
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
August 13, 2013, 12:22:45 AM
Is it too early for us youngins to learn where Baby Jets come from?  Is it a bit ... eww?

When a daddy ASIC loves a mommy ASIC very very much, he puts his nonce into her register until the block erupts and Bitcoins spray all over inside her...

Actually crumbs, you're too young for this.  Nevermind, come back when you're in college, or ask your father.
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
August 13, 2013, 12:17:48 AM
Is it too early for us youngins to learn where Baby Jets come from?  Is it a bit ... eww?

Do you mean the name?
I assume it was a joke.. like a "where do babies come from?" joke.

Anyways, I am excited to see what you guys come up with as a "Miner Protection Program".

Sounds interesting.
legendary
Activity: 966
Merit: 1004
CryptoTalk.Org - Get Paid for every Post!
August 13, 2013, 12:16:57 AM
I will be posting the Miner Protection Program shortly

 - Eduardo deCastro, Founder & CEO, HashFast Technologies



I was just about to ask about that.  Do tell...
full member
Activity: 154
Merit: 100
August 13, 2013, 12:15:55 AM
Is it too early for us youngins to learn where Baby Jets come from?  Is it a bit ... eww?

Do you mean the name?
full member
Activity: 154
Merit: 100
August 13, 2013, 12:14:38 AM
I will be posting the Miner Protection Program shortly

 - Eduardo deCastro, Founder & CEO, HashFast Technologies
hero member
Activity: 658
Merit: 500
August 12, 2013, 08:59:58 PM
Come on people, either these guys have a very bad PR or this is a scam. If you think anyone not IBM, Intel or another big player can deliver one chip that can use up to 300W in power, you're delusional. And even them would never do such thing if not for experimental purposes (if even viable for that).

TDP of a 7970 is 250W+  ...  Just sayin'.


http://en.wikipedia.org/wiki/Radeon_HD_7000_Series#Radeon_HD_7900

And that is a lot more than just a chip. The RAM and VRMs on these things take a good amount with it. You also should know there is a huge difference in both yields and cooling something that is <200W and one that pushes through 300W or more. Same reason why you see Intel having high-end chips at 130W+ but not much more than that.

You do know a Bitcoin ASIC (any ASIC) is going to have heat load off the chip too right? No ASIC runs as 12V so you are talking about so pretty "beefy" DC to DC converters.  Not sure why people assume xW at the wall would mean xW at the chip.

Because they're stupid and acting as armchair engineer on the interweb
donator
Activity: 1218
Merit: 1079
Gerald Davis
August 12, 2013, 03:25:45 PM
Come on people, either these guys have a very bad PR or this is a scam. If you think anyone not IBM, Intel or another big player can deliver one chip that can use up to 300W in power, you're delusional. And even them would never do such thing if not for experimental purposes (if even viable for that).

TDP of a 7970 is 250W+  ...  Just sayin'.


http://en.wikipedia.org/wiki/Radeon_HD_7000_Series#Radeon_HD_7900

And that is a lot more than just a chip. The RAM and VRMs on these things take a good amount with it. You also should know there is a huge difference in both yields and cooling something that is <200W and one that pushes through 300W or more. Same reason why you see Intel having high-end chips at 130W+ but not much more than that.

You do know a Bitcoin ASIC (any ASIC) is going to have heat load off the chip too right? No ASIC runs as 12V so you are talking about so pretty "beefy" DC to DC converters.  Not sure why people assume xW at the wall would mean xW at the chip.
newbie
Activity: 30
Merit: 0
August 12, 2013, 03:17:43 PM
Come on people, either these guys have a very bad PR or this is a scam. If you think anyone not IBM, Intel or another big player can deliver one chip that can use up to 300W in power, you're delusional. And even them would never do such thing if not for experimental purposes (if even viable for that).

TDP of a 7970 is 250W+  ...  Just sayin'.


http://en.wikipedia.org/wiki/Radeon_HD_7000_Series#Radeon_HD_7900

And that is a lot more than just a chip. The RAM and VRMs on these things take a good amount with it. You also should know there is a huge difference in both yields and cooling something that is <200W and one that pushes through 300W or more. Same reason why you see Intel having high-end chips at 130W+ but not much more than that.
full member
Activity: 238
Merit: 100
August 11, 2013, 07:37:08 PM
It is in binary base2.  And if you'll agree with me on this, that'll make 10 of us.  Cheesy
Picky, picky, picky.  But strictly, your edit is spot on.  Binary is defined as "of or pertaining to a system of numerical notation to the base 2."

On the other hand, "orders of magnitude" refer specifically to using the sequence of powers of the base to characterize numbers. 

So, yeah, I'll take it.
legendary
Activity: 1512
Merit: 1000
August 11, 2013, 06:39:05 PM
It is in binary base2.  And if you'll agree with me on this, that'll make 10 of us.  Cheesy
full member
Activity: 238
Merit: 100
August 11, 2013, 06:03:25 PM
No one knows what KnC or Cointerra's chips will look when it comes to efficiency. KnC's estimates are about 3x HashFast's.  That's not an "order of magnitude"
It is in binary.  And if you'll agree with me on this, that'll make 10 of us.  Cheesy
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