just KNOW THIS
this is a FUCKING SHAME in the worst kind
we have a completed design and wafers that are nearly completed and chips packaged
all this is grinding to a halt due to mob mentality and massive refunds
i had a good friend who literally has millions of bitcoins step in and say he would save the project
well threads like this have encouraged 90% refund rate, so guess what happens now
I will be forced to sell 16,000 packaged Brute force SHA-256 Bitcoin mining chips to a single buyer who will no doubt use them for their own mining purposes, I dont want to do it but I will have to just to pay the refunds. This mob mentality may be the end of Bitcoin. We will see what this person does with these 16,000 ASICS. but just use your imagination
Oh well - thanks for playing though! kthxbye!
If only you could communicate PROPERLY with your customers...
You made a Wiki - nothing of substance ever on it
You made a forum - nothing but "coming soon updates" & "we're close, going to beat BFL!!!111!11!1"
You have access to everyones email addresses that pre-ordered.. no mass email about status and updates???
Complete fumble-ru-ski on the refunding process.. barely any communication at all.. Dave doing the best he can but in the dark..
Let's revisit early Jan when you decided to clear some bottles and then come online and attempt to post complete thoughts AKA sentences which essentially spelled out you were fucking beyond lost and were selling the company to some "ASIANs" - you think anyone in the right mind set would WANT to be a part of whatever you are doing anymore given how unprofessionally you handle things??
Then you have Dave and Lukas fly in for meetings which did not end well due to you being AWOL the next day...
What are you honestly expecting at this point?
Forum vomit some minuscule details about your project that you strapped some C4 on and blew away earlier this month and expect.. "oh yay, ASICs! shut up and take my money again Tom!!"... Nope.
This is a decent synopsis of what it's been like to be a customer recently. Also, after the massive refund week, he said he only received 200K USD in refund requests, and 100K USD in BTC refund requests. AFAIK this is not even close to the total cash received from devices ordered (of course, only Tom would know). He then posted that the devices would be shipping in March (this was 3 days ago), which sounded very positive. I don't think this thread (or any thread) would have triggered more refunds than either the drunk post or the disappearance / missed buy-out meeting.
Tom - I hope you seek help, and I don't mean that insultingly. What you tried to put together was amazing, and I doubt anyone here could have pulled it off by themselves. You took on too much responsibility. There will be those who fire back hate, but there are also customers who simply decided that it was bad business to continue with you (especially since chargeback deadlines were approaching for many of us). At one point, Dave himself recommended customers seeking a refund do a chargeback. This is still in your forum. This was what really scared me away - not "threads like this one." When someone that close to the project recommends you dispute the charge to his own company, something is SERIOUSLY wrong.
Please take some time and think about your future actions. I'd suggest talking to a legal professional about your options with your company if it is indeed becoming insolvent.
Please remember that your life, health and family are much more important than this community, forum or project.Take care.