It's -on-! - page 2. | Bitcointalksearch.org

firsttimeuser

full member

Activity: 122

Merit: 100

Dear HashFast your answers will make our "little mining co-op" stronger Wink

Quote from: DyslexicZombei on August 17, 2013, 09:39:14 PM

Hi,

I have a few questions of behalf of our "little mining co-op that could":

1. Please give us more info on the Miner Protection Program. Anything you can share is appreciated but a lot of us have put our faith in your statements and incurred fees and lost opportunity costs so that we could put BTC/$ towards helping your launch and ordering our own B1 units. Some of us risk cold nights on the couch if we look stupid (well, stupider than usual) to our significant others.
2. Is this Mid Tower rack mountable - as in integrated or add-on sliding rails? If you're serious about this being a commercial device, it needs to be rackmountable & slideable so that it doesn't need special considerations - like the non-elegant platform method.
3. Any update on the shipping zip code for outbound shipments? As a Group Buy coordinator let's just say this is useful info. Wink

4. What kind of upgradeability, if any, will the stock B1 units have by themselves? Can we double capacity? Do we need to buy bare PC modules? I say this because we all have to be honest about the brutal Darwinian nature of Moore's Law applied to ASIC manufacturing, Satoshi's elegant algorithms, and the marketplace.
5. Also, what type/wattage PSU do we need to do to overclock these sweet lil babies?

Cheers & I wish you all well. A lot of us want to support domestic BTC mining machine manufacturing and I, for one, took the step from dithering on several mfgs. to going to full blown organizer mode to be part of a low cost GB on your B1 launch.

AussieHash

hero member

Activity: 692

Merit: 500

With regards to the MPP, will HF offer assembly into baby jets or Sierras and if so what will the assembly price be for a BabyJet case.

Simon Barber

newbie

Activity: 56

Merit: 0

Quote from: Ytterbium on August 17, 2013, 09:05:45 PM

What actually happens in a "mock tapeout"? Do they just check for problems or something?

Exactly that - they require a 'mock tapeout' before the real thing in order to check for simple mistakes. Things like that the metalization layers for the macros we have included (e.g. licensed temperature sensor) match up with the rest of the chip, and with what's on our order.

pmorici

sr. member

Activity: 479

Merit: 250

Quote from: HashFast on August 17, 2013, 07:30:52 PM

Putting on a fresh pot of coffee, Simon's on his way

Eduardo deCastro
Founder and CEO, HashFast

I've got a real question; as far as the MPP goes is ROI going to be calculated in BTC or USD. I think a lot of people expect that since payment is being made in BTC that ROI will be calculated in BTC but it is ambiguous in your original announcement of the program. Clearly there are different risks/benefits for both you and the customer depending on which you choose. Which is it and can we expect a more concrete documentation of the exact terms of the MPP at some point? I'm trying to decide if I want to hold my BTC or invest in more mining hardware and this would be one consideration in my thinking.

Can you do future Q&As in another venue that doesn't devolve into people posting pictures of dirty carpet and droning on endlessly about PayPal, CC's and the evis of bitcoin only pre-orders?

Coco888

newbie

Activity: 59

Merit: 0

Quote from: HashFast on August 17, 2013, 10:03:57 PM

Quote from: YipYip on August 17, 2013, 09:04:12 PM

Once again

HashFast & Cypherdoc

Explain to me like Im a 5 year old why if HashFast (Or whoever is the parent company) are a legitimate IRL business

1) Why are you BTC only & NO credit cards
2) Why do u need pre-orders and payment in full
3) Why dont you just take a down payment (non-refundable if you wanted)

4) With a real order book of downpayed orders it is fairly easy to get a CAPEX loan for the production run

Bearing these things in mind how the fruit cake are you guys not a scam and either

1) FastTalked a respected member or
2) (just putting it out their so dont have a fit ) Paid Cypherdoc off

It just does not make ANY SENSE whats soever KNC after an initial start did and do CC

Intrested to hear from both Cypherdoc & Hashfast rep to reply to my vaild questions :/

We *fully* understand miner skepticism towards ASIC companies. It is rational and justified.

Re: why sales instead of equity, HashFast is not the first technology company Simon &I have founded in Silicon Valley (see www.Devicescape.com).
There are critical differences between companies that start out by selling pieces of themselves and companies that start out by making products their customers want.
It defines who your #1 priority is, for one.

Roughly 90% of HashFast is owned by us and the people who work here - and the other 10% is by our families and friends.
Further, everyone here including ourselves is subject to a 4-year vesting schedule.
Which means that what comes of this to any of us is dependent on creating long term value.

Re: why BTC (only)- we support BTC and are using it for as much of our business as possible.
We are aware that this is costing us sales. That's OK.

Re: 'how are you different', we feel it's best to let the miners who have visited our offices in person speak to that.

Eduardo deCastro
Founder and CEO, HashFast

I find the explanation why you have not brought a company to the IPO stage in your earlier career, poor client relationship management, and lack of integrity.

We can imply that your team is not well recognized in the venture capital circle, as no VC is willing to back your venture, so you have to fund yourself by pre-selling. (see blue) We know that there are thousands of VC fund in the Valley, and no one wants to back you. Not a sign to be a winner.

We can see you cannot control your impulsiveness, as you keep posting before everything is prepared. You are very lack of discipline. Another factor will bring a hardware manufacturer to delaying again and again.

Conclusion: HashFast, the LOSER

plasmoske

sr. member

Activity: 308

Merit: 251

The realist

Quote from: dopamine on August 17, 2013, 10:32:47 PM

The price increase in BTC is more appeal to only accept BTC as form as payment...

Don't they use Bitpay? Which converts to fiat anyway.

dopamine

hero member

Activity: 486

Merit: 500

The price increase in BTC is more appeal to only accept BTC as form as payment...

plasmoske

sr. member

Activity: 308

Merit: 251

The realist

"We want to grow the BTC economy" so that's why we're only accepting BTC. Yerr..... okay. LOL

Avalon said that as well and then they went ahead and fucked everyone over as people didn't have the option of a chargeback or paypal complaint.

And then most of the questions you just outright ignore and others... "we're under NDA bro".

And your term allows you to mine with your customers miners pretty much from late October until about the end of the year without any consequences. I mean come on, free BJ machine printing money out of thin air, why wouldn't anyone mine with it for a while before shipping em out? Your terms allows you to do it so why not?

PuertoLibre

legendary

Activity: 1890

Merit: 1003

Quote from: YipYip on August 17, 2013, 10:18:34 PM

Quote from: PuertoLibre on August 17, 2013, 10:08:55 PM

Quote from: HashFast on August 17, 2013, 10:03:57 PM

Quote from: YipYip on August 17, 2013, 09:04:12 PM

Once again

HashFast & Cypherdoc

Explain to me like Im a 5 year old why if HashFast (Or whoever is the parent company) are a legitimate IRL business

1) Why are you BTC only & NO credit cards
2) Why do u need pre-orders and payment in full
3) Why dont you just take a down payment (non-refundable if you wanted)

4) With a real order book of downpayed orders it is fairly easy to get a CAPEX loan for the production run

Bearing these things in mind how the fruit cake are you guys not a scam and either

1) FastTalked a respected member or
2) (just putting it out their so dont have a fit ) Paid Cypherdoc off

It just does not make ANY SENSE whats soever KNC after an initial start did and do CC

Intrested to hear from both Cypherdoc & Hashfast rep to reply to my vaild questions :/

We *fully* understand miner skepticism towards ASIC companies. It is rational and justified.

Re: why sales instead of equity, HashFast is not the first technology company Simon &I have founded in Silicon Valley (see www.Devicescape.com).
There are critical differences between companies that start out by selling pieces of themselves and companies that start out by making products their customers want.
It defines who your #1 priority is, for one.

Roughly 90% of HashFast is owned by us and the people who work here - and the other 10% is by our families and friends.
Further, everyone here including ourselves is subject to a 4-year vesting schedule.
Which means that what comes of this to any of us is dependent on creating long term value.

Re: why BTC - we support BTC and are using it for as much of our business as possible.
We are aware that this is costing us sales. That's OK.

Re: 'how are you different', we feel it's best to let the miners who have visited our offices in person speak to that.

Eduardo deCastro
Founder and CEO, HashFast

Translated: We understand your fears, We too hope for the best. (our success)

But we will be needing your BTC if we are to succeed. Understand? Good. Then Pay up and get out of my sight. Get busy praying.

Edit: By the way, our offices are really nice. Really great carpeting. Our staff are also great conversationalist. We actually talk to one another every day.

Whats the hand print on the carpet ..was somebody getting it from the rear...lolz

It's to give you an impression that homo-sapiens use the property. (that and an Trezor Vault dropped from a tray)

YipYip

hero member

Activity: 574

Merit: 500

Quote from: PuertoLibre on August 17, 2013, 10:08:55 PM

Quote from: HashFast on August 17, 2013, 10:03:57 PM

Quote from: YipYip on August 17, 2013, 09:04:12 PM

Once again

HashFast & Cypherdoc

Explain to me like Im a 5 year old why if HashFast (Or whoever is the parent company) are a legitimate IRL business

1) Why are you BTC only & NO credit cards
2) Why do u need pre-orders and payment in full
3) Why dont you just take a down payment (non-refundable if you wanted)

4) With a real order book of downpayed orders it is fairly easy to get a CAPEX loan for the production run

Bearing these things in mind how the fruit cake are you guys not a scam and either

1) FastTalked a respected member or
2) (just putting it out their so dont have a fit ) Paid Cypherdoc off

It just does not make ANY SENSE whats soever KNC after an initial start did and do CC

Intrested to hear from both Cypherdoc & Hashfast rep to reply to my vaild questions :/

We *fully* understand miner skepticism towards ASIC companies. It is rational and justified.

Re: why sales instead of equity, HashFast is not the first technology company Simon &I have founded in Silicon Valley (see www.Devicescape.com).
There are critical differences between companies that start out by selling pieces of themselves and companies that start out by making products their customers want.
It defines who your #1 priority is, for one.

Roughly 90% of HashFast is owned by us and the people who work here - and the other 10% is by our families and friends.
Further, everyone here including ourselves is subject to a 4-year vesting schedule.
Which means that what comes of this to any of us is dependent on creating long term value.

Re: why BTC - we support BTC and are using it for as much of our business as possible.
We are aware that this is costing us sales. That's OK.

Re: 'how are you different', we feel it's best to let the miners who have visited our offices in person speak to that.

Eduardo deCastro
Founder and CEO, HashFast

Translated: We understand your fears, We too hope for the best. (our success)

But we will be needing your BTC if we are to succeed. Understand? Good. Then Pay up and get out of my sight. Get busy praying.

Edit: By the way, our offices are really nice. Really great carpeting. Our staff are also great conversationalist. We actually talk to one another every day.

Whats the hand print on the carpet ..was somebody getting it from the rear...Ohhh wait that was a recent customer getting it up the arse by BFL 2.0

All new customers are taken too the office for the Hashfast induction process once they tx their BTC

Gives them a feel of what more of teh same is comming to them ..lolz

YipYip

hero member

Activity: 574

Merit: 500

Quote from: HashFast on August 17, 2013, 10:03:57 PM

Quote from: YipYip on August 17, 2013, 09:04:12 PM

Once again

HashFast & Cypherdoc

Explain to me like Im a 5 year old why if HashFast (Or whoever is the parent company) are a legitimate IRL business

1) Why are you BTC only & NO credit cards
2) Why do u need pre-orders and payment in full
3) Why dont you just take a down payment (non-refundable if you wanted)

4) With a real order book of downpayed orders it is fairly easy to get a CAPEX loan for the production run

Bearing these things in mind how the fruit cake are you guys not a scam and either

1) FastTalked a respected member or
2) (just putting it out their so dont have a fit ) Paid Cypherdoc off

It just does not make ANY SENSE whats soever KNC after an initial start did and do CC

Intrested to hear from both Cypherdoc & Hashfast rep to reply to my vaild questions :/

We *fully* understand miner skepticism towards ASIC companies. It is rational and justified.

Re: why sales instead of equity, HashFast is not the first technology company Simon &I have founded in Silicon Valley (see www.Devicescape.com).
There are critical differences between companies that start out by selling pieces of themselves and companies that start out by making products their customers want.
It defines who your #1 priority is, for one.

Roughly 90% of HashFast is owned by us and the people who work here - and the other 10% is by our families and friends.
Further, everyone here including ourselves is subject to a 4-year vesting schedule.
Which means that what comes of this to any of us is dependent on creating long term value.

Re: why BTC - we support BTC and are using it for as much of our business as possible.
We are aware that this is costing us sales. That's OK.

Re: 'how are you different', we feel it's best to let the miners who have visited our offices in person speak to that.

Eduardo deCastro
Founder and CEO, HashFast

"We want to grow the BTC economy" ...u going to use that little chestnut ..lolz

The fact that it is un-reversable and in some ways by-passes a lot of fiat laws ...these factors never came into your deliberations on the business model you are using ...i loled again

U need long term b4 u can reap rewards of the shares register..... director drawings.... 250k salarys ....IT services CAPEX bills to companys owned by you ...the lists go on and on to negate any of the "LONG TERM" Arguments you put forward

Long story short you guys are another unproven,unfinanced group of cowboys using a notorious Sales methodology that has been abused again and again in our community ...so you guys are full of it plain and simple...

BFL 2.0 ! Tongue

PuertoLibre

legendary

Activity: 1890

Merit: 1003

Quote from: HashFast on August 17, 2013, 10:03:57 PM

Quote from: YipYip on August 17, 2013, 09:04:12 PM

Once again

HashFast & Cypherdoc

Explain to me like Im a 5 year old why if HashFast (Or whoever is the parent company) are a legitimate IRL business

1) Why are you BTC only & NO credit cards
2) Why do u need pre-orders and payment in full
3) Why dont you just take a down payment (non-refundable if you wanted)

4) With a real order book of downpayed orders it is fairly easy to get a CAPEX loan for the production run

Bearing these things in mind how the fruit cake are you guys not a scam and either

1) FastTalked a respected member or
2) (just putting it out their so dont have a fit ) Paid Cypherdoc off

It just does not make ANY SENSE whats soever KNC after an initial start did and do CC

Intrested to hear from both Cypherdoc & Hashfast rep to reply to my vaild questions :/

We *fully* understand miner skepticism towards ASIC companies. It is rational and justified.

Re: why sales instead of equity, HashFast is not the first technology company Simon &I have founded in Silicon Valley (see www.Devicescape.com).
There are critical differences between companies that start out by selling pieces of themselves and companies that start out by making products their customers want.
It defines who your #1 priority is, for one.

Roughly 90% of HashFast is owned by us and the people who work here - and the other 10% is by our families and friends.
Further, everyone here including ourselves is subject to a 4-year vesting schedule.
Which means that what comes of this to any of us is dependent on creating long term value.

Re: why BTC - we support BTC and are using it for as much of our business as possible.
We are aware that this is costing us sales. That's OK.

Re: 'how are you different', we feel it's best to let the miners who have visited our offices in person speak to that.

Eduardo deCastro
Founder and CEO, HashFast

Translated: We understand your fears, We too hope for the best. (our success)

But we will be needing your BTC if we are to succeed. Understand? Good. Then Pay up and get out of my sight. Get busy praying.

Edit: By the way, our offices are really nice. Really great carpeting. Our staff are also great conversationalist. We actually talk to one another every day.

Bicknellski

hero member

Activity: 924

Merit: 1000

Quote from: PuertoLibre on August 17, 2013, 07:38:38 PM

Will you be slashing you prices now that BFL is planning tapeout of their latest Gen 2 ASIC chips?

Cut deeply! Grin

LOL!

Taping up boxes and moving to a location where there is no extradition you mean.

HashFast

full member

Activity: 154

Merit: 100

Quote from: YipYip on August 17, 2013, 09:04:12 PM

Once again

HashFast & Cypherdoc

Explain to me like Im a 5 year old why if HashFast (Or whoever is the parent company) are a legitimate IRL business

1) Why are you BTC only & NO credit cards
2) Why do u need pre-orders and payment in full
3) Why dont you just take a down payment (non-refundable if you wanted)

4) With a real order book of downpayed orders it is fairly easy to get a CAPEX loan for the production run

Bearing these things in mind how the fruit cake are you guys not a scam and either

1) FastTalked a respected member or
2) (just putting it out their so dont have a fit ) Paid Cypherdoc off

It just does not make ANY SENSE whats soever KNC after an initial start did and do CC

Intrested to hear from both Cypherdoc & Hashfast rep to reply to my vaild questions :/

We *fully* understand miner skepticism towards ASIC companies. It is rational and justified.

Re: why sales instead of equity, HashFast is not the first technology company Simon &I have founded in Silicon Valley (see www.Devicescape.com).
There are critical differences between companies that start out by selling pieces of themselves and companies that start out by making products their customers want.
It defines who your #1 priority is, for one.

Roughly 90% of HashFast is owned by us and the people who work here - and the other 10% is by our families and friends.
Further, everyone here including ourselves is subject to a 4-year vesting schedule.
Which means that what comes of this to any of us is dependent on creating long term value.

Re: why BTC - we support BTC and are using it for as much of our business as possible.
We are aware that this is costing us sales. That's OK.

Re: 'how are you different', we feel it's best to let the miners who have visited our offices in person speak to that.

Eduardo deCastro
Founder and CEO, HashFast

YipYip

hero member

Activity: 574

Merit: 500

Quote from: cypherdoc on August 17, 2013, 09:23:19 PM

Quote from: YipYip on August 17, 2013, 09:09:58 PM

Can you please address my valid question as outlined ?

i'll take your questions.

no one's answering you b/c there is no one right answer to any of the questions you've asked. all you've done is give a bunch of your opinions about how a legitimate business should run. you're trying to impose your opinions on a company who has legitimately decided to do business a different way.

and it's a way that isn't even unique, as accepting BTC's only is how Avalon has run successful batch 1 & 2's. it also appears to be how BFL will be taking orders for their new 28nm along with bank wires.

what you need to start appreciating is that this is the free market. no one is forcing you to use BTC-only to buy an asic. you have a variety of companies with different payment policies to choose from. for everyone of those payment options you've recommended, there will be plenty of ppl and companies who won't agree with you.

my advice is to just do your due diligence and pick the company and the payment method you're comfortable with.

Fine so obviously you are taking the low road...

To even use BFL as a case in POINT...really you want to go there ?

So these guys are not a IRL company as you claim.... !!!

Just another BFL style operation getting the customer to take all of the risk with no recourse ...

AWESOME...

Your business model is SCAM OPERATIONS 101...as has been shown with both Avalon (of late) and BFL (the kings of this process)

You hijack pplz money and take them hostage with no reason or motivation to be held to your part of the contract...this seems to be your reasoning to not consider down payments or anything else i mentioned

Will be watching closely.. Cheesy

@ this point to any potential buyers KNC would be a safer bet !

minternj

sr. member

Activity: 434

Merit: 250

Thanks for the update for this week. When are you publishing the order book?

DyslexicZombei

sr. member

Activity: 364

Merit: 250

Hi,

I have a few questions of behalf of our "little mining co-op that could":

1. Please give us more info on the Miner Protection Program. Anything you can share is appreciated but a lot of us have put our faith in your statements and incurred fees and lost opportunity costs so that we could put BTC/$ towards helping your launch and ordering our own B1 units. Some of us risk cold nights on the couch if we look stupid (well, stupider than usual) to our significant others.
2. Is this Mid Tower rack mountable - as in integrated or add-on sliding rails? If you're serious about this being a commercial device, it needs to be rackmountable & slideable so that it doesn't need special considerations - like the non-elegant platform method.
3. Any update on the shipping zip code for outbound shipments? As a Group Buy coordinator let's just say this is useful info. Wink

4. What kind of upgradeability, if any, will the stock B1 units have by themselves? Can we double capacity? Do we need to buy bare PC modules? I say this because we all have to be honest about the brutal Darwinian nature of Moore's Law applied to ASIC manufacturing, Satoshi's elegant algorithms, and the marketplace.
5. Also, what type/wattage PSU do we need to do to overclock these sweet lil babies?

Cheers & I wish you all well. A lot of us want to support domestic BTC mining machine manufacturing and I, for one, took the step from dithering on several mfgs. to going to full blown organizer mode to be part of a low cost GB on your B1 launch.

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: Unacceptable on August 17, 2013, 09:29:42 PM

Quote from: cypherdoc on August 17, 2013, 09:23:19 PM

Quote from: YipYip on August 17, 2013, 09:09:58 PM

Can you please address my valid question as outlined ?

i'll take your questions.

no one's answering you b/c there is no one right answer to any of the questions you've asked. all you've done is give a bunch of your opinions about how a legitimate business should run. you're trying to impose your opinions on a company who has legitimately decided to do business a different way.

and it's a way that isn't even unique, as accepting BTC's only is how Avalon has run successful batch 1 & 2's. it also appears to be how BFL will be taking orders for their new 28nm along with bank wires.

what you need to start appreciating is that this is the free market. no one is forcing you to use BTC-only to buy an asic. you have a variety of companies with different payment policies to choose from. for everyone of those payment options you've recommended, there will be plenty of ppl and companies who won't agree with you.

my advice is to just do your due diligence and pick the company and the payment method you're comfortable with.

No more BTC only for me,ALMOST got burned by BFL & currently smarting pretty badly from my dealings with Avalon.

Good luck!!!!!!!! I'll be watching,but not getting my hopes up Roll Eyes

i appreciate your misgivings. i was one of the lucky ones who made it thru the Avalon gauntlet unscathed with a Batch 2. i've had no problems with the units either.

there will be other companies who also deliver using a BTC-only method. you just have to do your due diligence to figure out who that will be.

Unacceptable

legendary

Activity: 2212

Merit: 1001

Quote from: cypherdoc on August 17, 2013, 09:23:19 PM

Quote from: YipYip on August 17, 2013, 09:09:58 PM

Can you please address my valid question as outlined ?

i'll take your questions.

no one's answering you b/c there is no one right answer to any of the questions you've asked. all you've done is give a bunch of your opinions about how a legitimate business should run. you're trying to impose your opinions on a company who has legitimately decided to do business a different way.

and it's a way that isn't even unique, as accepting BTC's only is how Avalon has run successful batch 1 & 2's. it also appears to be how BFL will be taking orders for their new 28nm along with bank wires.

what you need to start appreciating is that this is the free market. no one is forcing you to use BTC-only to buy an asic. you have a variety of companies with different payment policies to choose from. for everyone of those payment options you've recommended, there will be plenty of ppl and companies who won't agree with you.

my advice is to just do your due diligence and pick the company and the payment method you're comfortable with.

No more BTC only for me,ALMOST got burned by BFL & currently smarting pretty badly from my dealings with Avalon.

Good luck!!!!!!!! I'll be watching,but not getting my hopes up Roll Eyes

cypherdoc

legendary

Activity: 1764

Merit: 1002

Quote from: YipYip on August 17, 2013, 09:09:58 PM

Can you please address my valid question as outlined ?

i'll take your questions.

no one's answering you b/c there is no one right answer to any of the questions you've asked. all you've done is give a bunch of your opinions about how a legitimate business should run. you're trying to impose your opinions on a company who has legitimately decided to do business a different way.

and it's a way that isn't even unique, as accepting BTC's only is how Avalon has run successful batch 1 & 2's. it also appears to be how BFL will be taking orders for their new 28nm along with bank wires.

what you need to start appreciating is that this is the free market. no one is forcing you to use BTC-only to buy an asic. you have a variety of companies with different payment policies to choose from. for everyone of those payment options you've recommended, there will be plenty of ppl and companies who won't agree with you.

my advice is to just do your due diligence and pick the company and the payment method you're comfortable with.

Topic: It's -on-! - page 2. (Read 4970 times)