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Topic: Why you shouldn't buy Hashfasts new "up to 800GH/s" "product" - page 3. (Read 11578 times)

legendary
Activity: 2576
Merit: 1186
So I'm just wondering, is gmaxwell going to start calling out all of the overpromising/underdelivering, cough BFL cough, hardware companies or just the one's he has money invested in and ignore the one's who have invested money in advertising here. Because there are/have been a lot of them out there and I haven't seen this kind of response until now.

Regardless, this isn't all that surprising after my initial meetings with their team before they went public. Something was just off and then I found out they claimed that someone who is actually financially backing another company financed their operations. The dog and pony show was awesome, but when it came down to it, Lil Sebastian was/is late to the party still.

+1 Here here.

We need association or guild of reputable miner fabricators and developers. Here was my post for a guild.


https://bitcointalksearch.org/topic/diy-custom-open-hardware-software-guild-call-for-ideas-282030
You should find someone to spearhead this who isn't biased against other reputable people...
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
I heard this and is sad, sorry guys for your losses. Undecided
hero member
Activity: 854
Merit: 500
einc.io
Batch One EVOs sold out almost instantly, so exhibiting your grudge in public hasn't had any noticeable effect.  Better get a Batch Two before they're gone!

If Batch One sold out almost instantly, why are you still stuck at Batch Two?
I suspect you skip Batch One to make it look how succesfull you are scamming people.
Once a thief, always a thief !!!

Asshole keep deleting my posts, no worries, I will reposting the truth.

He asshole, when are you sending out the MPP?
And why so many people don't have their BJ yet?

Keep this thread alive, so that people who are not aware that Hashlast are just a bunch of thieves will know about the truth.
legendary
Activity: 1638
Merit: 1001
98 BTC here, 120 BTC there, 210 BTC from the other guy.

That's almost $500,000 stolen by Hashfast from just three people!

Let's see LTC and Doge match that!!

legendary
Activity: 1638
Merit: 1001
Quote
There are many others before HashFast_CL that should be banner, but they won't because thermos is a lazy ass.

Theymos is an ancap.  Ancaps don't condone coercion. Banning is a form of coercion.

legendary
Activity: 1904
Merit: 1007
Also keep in mind that when you post in the HF self-moderated thread it bumps it to the top again at least until they delete your post. Doing that keeps their distorted reality more visible than these other threads that are showing people whats missing.  If you're posting something critical in the HF thread: it _will_ be deleted, you might as well at least post it in parallel in the relevant other threads.

(Because of the high rate of deletions in that thread I recommend you post nothing in there at all— but if you feel you must, I don't see a reason to hold the duplication against you: most posts in that thread are deleted.. so just go ahead and simulpost when you post there.)

Also if you ignore hashfast-cl it will make their posts show up small and greyed out for you on the list, so it'll be less distracting. You can still click show to look at their posts at it if you want though... I recommend it if you find them irritating.

You can freely post in the main HashFail thread. You won't get deleted there so you just need to be inspired!

I'd still like to see user HashFast_CL banned. No usefull contributions, just spamming bs.

There are many others before HashFast_CL that should be banner, but they won't because thermos is a lazy ass.
legendary
Activity: 974
Merit: 1000
I'd still like to see user HashFast_CL banned. No usefull contributions, just spamming bs.
staff
Activity: 4172
Merit: 8419
Also keep in mind that when you post in the HF self-moderated thread it bumps it to the top again at least until they delete your post. Doing that keeps their distorted reality more visible than these other threads that are showing people whats missing.  If you're posting something critical in the HF thread: it _will_ be deleted, you might as well at least post it in parallel in the relevant other threads.

(Because of the high rate of deletions in that thread I recommend you post nothing in there at all— but if you feel you must, I don't see a reason to hold the duplication against you: most posts in that thread are deleted.. so just go ahead and simulpost when you post there.)

Also if you ignore hashfast-cl it will make their posts show up small and greyed out for you on the list, so it'll be less distracting. You can still click show to look at their posts at it if you want though... I recommend it if you find them irritating.
legendary
Activity: 1876
Merit: 1000
Just an update: HashFast has still not refunded the 97.95849881 they owe me after taking my funds and failing to deliver by the refund or die they which they chose, nor do I believe they've refunded or sent products to many other customers.

They have also still not responded to a single one of my certified letters. They have no confirmed with me if they will or won't make good on their explicit commitment to refund the full amount I paid— even though its now more than three months since they violated their agreement.

They also continue to aggressively delete all critical comments or concerned views from their self-moderated thread promoting their latest pre-order product. These deletions include deleting messages where they claim to have sent me a refund— which they have not— and where I respond pointing out that they have not done so.


Same here.. no communication whatsoever....  arbitration continuing.  210 btc here....
staff
Activity: 4172
Merit: 8419
Just an update: HashFast has still not refunded the 97.95849881 they owe me after taking my funds and failing to deliver by the refund or die they which they chose, nor do I believe they've refunded or sent products to many other customers.

They have also still not responded to a single one of my certified letters. They have no confirmed with me if they will or won't make good on their explicit commitment to refund the full amount I paid— even though its now more than three months since they violated their agreement.

They also continue to aggressively delete all critical comments or concerned views from their self-moderated thread promoting their latest pre-order product. These deletions include deleting messages where they claim to have sent me a refund— which they have not— and where I respond pointing out that they have not done so.
member
Activity: 88
Merit: 37

Hashfast has also ripped me off, to the tune of about 120฿ minus a trivial amount of fiat which is missing a good 20% or so of the total amount I paid even in fiat at the time of my preorder, contrary to their promise to denominate refunds in bitcoins according to the amount paid in bitcoins.

They deleted my question as to whether they were ever going to honour their promise to refund in bitcoins.

I would be interested to know how much longer it will be before they honour their MPP commitments.

I will add to the below, which they deleted from their self-moderated thread, the following: When will you at least complete my fiat-denominated full refund?

Yes, it's both true and awesome!  Proof is at the top of the thread, in the form of cgminer/eligius screenshots and a video of the live output.

We're setting up webcams so everyone can enjoy live streams of a 2TH Sierra EVO, the World's Fastest Bitcoin Miner.

Are you at some point ever going to honour your obligations after promising that returns would be in full and denominated in the same form of payment that they were paid in, as per initial contractual terms, statements and promises here and elsewhere, and original invoice amounts which were also denominated in bitcoins?

staff
Activity: 4172
Merit: 8419
FWIW, Hashfast-cl has posted claiming that the only reason people are giving them negative trust is their scammy-looking self moderation.  I responded, pointing out that while their self-moderation is concerning, my negative trust is because they've ripped me off.  Sadly, they decided they didn't want people seeing that post either.

Using negative feedback to express dissatisfaction with a self-moderated thread is silly.  If you don't like self-moderated threads, simply don't read or post in them.
My dissatisfaction is not due to the self-moderation, and I believe I am not alone in that.

However, sometimes certain behavior with self-moderation may be a reason to distrust a party. If self-moderation is used to remove substantiated criticism that may be a severe red-flag.

In my case my negative feed back is that HashFast accepted almost 98 BTC from me for mining hardware to be delivered at the end of October under contractual terms— and assurances in direct communication with staff as well as public comments— guaranteeing a full refund if Hashfast failed to deliver by December 31st, a very generous timeframe considering delays that long would almost certainly guarantee that the equipment would be at a loss at that point.

HashFast, as is well known now, failed their initial delivery targets in October, and later they failed their drop dead date on Dec 31st. As of today, March 5, there are many people still expecting and waiting for hardware with no idea when it will be delivered. HashFast tried unilaterally changing contract terms— demanding customers agree to additional delays and an additional NDA and an agreement to not disparage the company if they wanted to receive any hardware or a refund— even though the customers had an existing established contract in which Hashfast was in default.

I paid HashFast and have received nothing in return. No response to my communications asking them to comply with their agreement or otherwise settle the matter. Beyond a single email that they relieved my first certified letter I have no evidence that they've actually read a single word I've sent them.  Other customers are already in the process of litigating against HashFast...  Personally, I just want them to make good on the agreement as they expressed it and I understood it.  I do not want to enter into an expensive and costly litigation which may ultimately leave hashfast out of business and unable to deliver the products to whatever few people are still purchasing with these substantial red flags at play.

To avoid any further confusion I've requested HashFast refund me in a publicly verifiable way: https://bitcointalksearch.org/topic/m.5536343  so everyone has an easy check on much progress hashfast has made on making good on their agreements before placing further orders.

Until then, I'd continue to caution anyone against purchasing any products hashfast is offering.
hero member
Activity: 854
Merit: 500
einc.io
Most of the early miners are intelligent people.
The only mistake they have made is putting trust in the wrong companies.
I don´t think they will burn their hands for a second time.

From all the ASIC companies out there, Hashlast has the less professional customers service.
Lies, lies, lies and nothing but lies is hashlast telling us.

They can´t stand negative criticism and sarcasm.
My messages at their self-moderated has been deleted over and over.
they can´t stand if someone make a bad joke about them.

I totally agree that gmaxwell is not abusing his moderating powers to force hashlast to a solution, despite that hashlast think the opposite.
I totally agree with him that you shouldn´t buy hashlast new "up to 800GH/s" "product".

If you decide to buy despite all the warnings, I can assure you, that you will have a lot of stress and grey hair.
staff
Activity: 4172
Merit: 8419
An update:  Someone else mentioning this thread seems to have penetrated the reality distortion field which has prevented HF from acknowledging my existence— at least indirectly, and HF_CL commented on it.

I've responded inviting them to make good on their contract and refund me in a publicly verifiable manner:

https://bitcointalksearch.org/topic/m.5536343
hero member
Activity: 924
Merit: 1000
Secret shopper good idea.

Guild / Collective good idea.

Sitting on our collective ass and letting others get screwed bad idea.

There is plenty that can be done.

Ideally it be best to have a positive format / forum where those vendors and customers can come to report legitimate and well respected companies. The idea that consumers and producers can't work together seems pretty silly given the number of people in this community that are both customers and now sellers and who have been scammed in the past and want to change that. Nothing better than having people wronged looking to right the problems.

This community can gain more if they are pushing for self-governance vs. expecting regulations or courts to resolve issues with unethical companies and people who are leeching off us. Most of these problems would go away if there was a concerted effort to promote what most of us want in Minerland. Product that we pay for is shipped quickly, no pre-sales bs and clear ethical guideline for refunds. Those who subscribe to this will win the market and the rest will die off. BFL or HF can't compete with say Antminer at this stage and that is good.
staff
Activity: 4172
Merit: 8419
this should be set as a sticky..  or a buyers beware thread up top for all the bullshit scam companies
I feel like I can't reasonably do that because I can't vet every complaint with high confidence. And I don't want to just sticky vendors who have screwed _me_, while vendors who have screwed other people don't get the sticky.

And even when a company has screwed up some— been a bit late, a bit underspec, shipped a few bad units, or blown off a reasonable customer complaint— shit happens in business, especially one as time crunched for mining hardware.  Sell enough products and some are sure to break, have enough crazy customers and one is sure to try to operate it under-water and demand a refund. Where exactly should I draw the line?

So I think the simpler thing for me to do is to express my own opinion and experience as clearly and earnestly as possible, without pomp and distractions and encourage other people to do the same.


One idea I had was for the community here to operate a secret-shopper program— like a group buy, but which endeavors to covertly purchase one of every device its contributors thinks is sufficiently non-scammy and then reviews the device and rolls the returns into running the program (or paying back the people who sponsored it, if possible)... but the problem is that the results of such a test would come far too late to actually help people in most cases. Maybe a year from now the market will have settled some and doing some more "consumer reports" work will actually work.
legendary
Activity: 2212
Merit: 1001
this should be set as a sticky..  or a buyers beware thread up top for all the bullshit scam companies

I agree,we need to help the newcomers to BTC..........& old farts as well  Grin

Just an honest report of actual dealings from high standing individuals from this forum (or the like) & have it self moderated to quell any trolling.

Keep all updates in the original post (very first one),so folks don't have to read the whole thread to glean pertinent info.

 

hero member
Activity: 742
Merit: 500
this should be set as a sticky..  or a buyers beware thread up top for all the bullshit scam companies
legendary
Activity: 1593
Merit: 1004
So I'm just wondering, is gmaxwell going to start calling out all of the overpromising/underdelivering, cough BFL cough, hardware companies or just the one's he has money invested in and ignore the one's who have invested money in advertising here. Because there are/have been a lot of them out there and I haven't seen this kind of response until now.

Regardless, this isn't all that surprising after my initial meetings with their team before they went public. Something was just off and then I found out they claimed that someone who is actually financially backing another company financed their operations. The dog and pony show was awesome, but when it came down to it, Lil Sebastian was/is late to the party still.

+1 Here here.

We need association or guild of reputable miner fabricators and developers. Here was my post for a guild.


https://bitcointalksearch.org/topic/diy-custom-open-hardware-software-guild-call-for-ideas-282030

But last I heard membership was closed.
hero member
Activity: 906
Merit: 657
Do due diligence
First I want to say thank you to the people on this forum. I would still be waiting for a Monarch, staring at a rack with everything but the card, weeping over Mt.Gox and maybe the idea of bitcoin wouldn't seem so appealing to me (a regular consumer).
*No tongue in cheek this is a genuine "thank you".

It has been very interesting to see how companies respond to consumers here. It is very telling of what you can expect from them.

I respect you for taking a high road gmaxwell but I also feel that when a company/entity is here selling something: leaving all civil opposing opinions is a fair thing to do and be expected.
I saw your response and it was less heated than most could muster given the circumstance.

So Hashfast reaps remarks instead of addressing concerns? WTG Hashfast *oops sarcasm slipped back in
 
Thankfully another member directs us to a full unedited version (at least until that's reaped too) and you are here.

Also on another note the Bitmain Antminer has been tempting AND I think it's adorable but I also own a pocket knife with a circuit board for a handle so there's no accounting for my taste  Wink
My BFL single was simple the case: decent and it cut down on "other noises", I didn't buy it from BFL not only because of complaints that I mainly found here
BUT because of the companies direct responses to customers and potential customers.

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