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Topic: Hashfast mining without shipping customer gear? - page 3. (Read 6804 times)

legendary
Activity: 966
Merit: 1000
Gateway could of course dispel (or confirm) a lot of this speculation by posting an uncensored version of his cgminer photo from the visit.

Though I suppose if the address didn't match, people could just further speculate that they changed addresses.
legendary
Activity: 966
Merit: 1000
But you are not loosing millage on a bitcoin miner so whats your point?

I've got some loose millage here.  Bob, come 'ere with that broom and sweep it up, would 'ja?
full member
Activity: 226
Merit: 100
I hope they are hashing with the hardware. That would mean the difficulty won't increase after they ship them  Grin. I also hope they pay any mined BTC to the owners, similar to the way KnC gave BTC to the people that bought hosting from them.
hero member
Activity: 486
Merit: 500
 Grin I wont be surprised if they were doing this, hashfast is a shady company,  expect the worst from these guys, they wont be delivering anything anytime soon and will try to push for USD refunds...
sr. member
Activity: 490
Merit: 255
I still haven't seen any evidence that you could make these conclusions with.

This is probably a little clearer.  

http://eligius.st/~wizkid057/newstats/userstats.php/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX

Are you aware of anyone else who might have suddenly come into 80+TH of capability in the last 3 days? When 5 TH of hash power showed up everyone said it was Avalon, but I was skeptical.  Turned out it was.   Learned my lesson... Occam's razor.
newbie
Activity: 28
Merit: 0
I still haven't seen any evidence that you could make these conclusions with.
sr. member
Activity: 490
Merit: 255
Yes.  Though the more reputable companies make it clear how long this testing phase will be (or they collect a mining address for the customer), to avoid the obvious and apparent conflict of interest.
sr. member
Activity: 420
Merit: 250
is this standard practice? mining companies using equipment before shipping?
hero member
Activity: 561
Merit: 521
Trustless IceColdWallet
sr. member
Activity: 434
Merit: 250
https://blockchain.info/tx/89a3b379bd33ed4b060d81b6705dc3104786a18445451060ed78bff17be0eb0f

This is an interesting transaction, as it links other keys presumably in the same wallet as the owner and the only output from this address. Getting sleepy here so may do some further digging tomorrow.
sr. member
Activity: 434
Merit: 250
This could be HF. Check out the jump in hash rate around the time HF would have finished assembly.
http://eligius.st/~wizkid057/newstats/userstats.php/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX

Interestingly the time frames match very well for this account.

https://blockchain.info/address/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX?offset=50&filter=0

These are the payouts to  1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX . They start on 12/6 with larger payouts starting on 12/8 . Maybe a coincidence that boards were flying out of the oven at 12/7 (http://t.co/SYwUPJ943a) . Dun dun dunnnnnn.. the plot thickens. We shall see what happens tomorrow.

member
Activity: 87
Merit: 10
But you are not loosing millage on a bitcoin miner so whats your point?
What exactly are you loosing out on if they test your machines?

Mileage on a Bitcoin miner? You can't be so fucking retarded. It's not a car, it's a miner. They generating Bitcoins with the hardware we paid for. There is no point ensuring that it will work in the "long term" "in 6 months this device will be obsolete.
hero member
Activity: 761
Merit: 500
Mine Silent, Mine Deep
Some burn-in testing makes sense. ~24h or so. It is good form to do this on testnet of course.

Otoh, I'd be fine with HF doing burn in testing for a year with my machine on the real network as long as customers receive every coin mined by the machine. Call it hosting if you will Wink

hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
But you are not loosing millage on a bitcoin miner so whats your point?
What exactly are you loosing out on if they test your machines?

^^ possibly the dumbest thing I've read on this forum.   Roll Eyes
legendary
Activity: 1764
Merit: 1756
Verified Bernie Bro - Feel The Bern!
where mining profits are retardedly front end loaded.
Actually, the problem is in the backend.

Ah yes however, you won't be taking the profits in the backend.  That is HF's fist your feeling (sans lube!)
legendary
Activity: 1764
Merit: 1756
Verified Bernie Bro - Feel The Bern!
So for all you trolls, how long should a manufacturer test equipment? Its clear we aren't getting any gear this year.

They touted high speed pcb manufacturing at Dec 8th.
They touted you can hash with off the shelf PSU and water cooler unit, so no other dealys after getting pcbs assembled.

So is 21 days+ acceptable to test mining equipment. Is 90 ? 180 days? Where is the official troll cutoff?


Fuck that's easy, as long as they can get away with it...
newbie
Activity: 7
Merit: 0
Was it possible to add your mining pool details when ordering from hashfast?
legendary
Activity: 1176
Merit: 1001
where mining profits are retardedly front end loaded.
Actually, the problem is in the backend.
sr. member
Activity: 434
Merit: 250
So for all you trolls, how long should a manufacturer test equipment? Its clear we aren't getting any gear this year.

They touted high speed pcb manufacturing at Dec 8th.
They touted you can hash with off the shelf PSU and water cooler unit, so no other delays after getting pcbs assembled.

So is 21 days+ acceptable to test mining equipment. Is 90 ? 180 days? Where is the official troll cutoff?
legendary
Activity: 1764
Merit: 1756
Verified Bernie Bro - Feel The Bern!
Are you seriously asking that question? Every day we don't have the miner in our hands is days we aren't mining. Are you thick or just a troll? Seriously.

So you mean the bitcoin difficulty is increasing correct?
Well i would prefer for hashfast to hold my machine as long as it takes,to make sure its 100% tested and certified for consumer use,so there is no problems in the long run.

Is that the long run where HF gives clients a 10 day warranty?  Or the long run where folks paid 50+ BTC and will mine back less than 10 with a single BJ.  Ya long run considerations are pretty irrelevant in this day and age where mining profits are retardedly front end loaded.
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