I'm on the side of the people that got screwed over by greedy, afraid, cowards that used that fear to push an agenda that was in NOBODIES interests.
I understand the failure, i knew how to fix the problem and had the means thanks to investors that saw the opportunity...
Once the petitioners went balls deep, ignoring reason, that was no longer an option.
I'm on the side that got "scammed" by fear and ignorance... Which is the side of every single creditor, whether they understand that or not.
You won't see one single petitioner be humble enough to admit they fucked up... those people are 1000x worse than hashfast ever was...
Hashfast was just terrible management... straight up.
The chips were the only thing they actually did right, which is why this whole clusterfuck is so sad... they had the chance to do extremely well, but stupidity won.
You seem to be implying it's the customers fault that this whole thing went south.
Can you explain what exactly happened to the millions of dollars? I've tried asking Icebreaker, but his best excuse is "adverse market conditions ate the money".
HF collected $15/gh AFTER most of the hardware development was complete and paid for. It should have cost less than $0.5/gh to produce the hardware. Where did the money go?
IMO the lawsuit wasn't the reason HF failed, it was just the straw that broke the camels back. If there was no lawsuit, there would have been another straw. The cause of failure was pretty clearly the repeated negligence/incompetence of management. (and the disappearance of millions of dollars)
if they were full on balls deep scam, they wouldn't have a functional chip.
This isn't really sound logic at all. What if they started out legit, but because of the repeated fuckups, shooting themselves in the foot, and legal issues, they decided to pull an exit scam via bankruptcy fraud?
PS: to everyone quoting Icebreaker, please do what 99% of everyone on this forum has done and just click the ignore button next to his name. Regardless of the topic, arguing with him will immediately degrade the debate into a shit slinging contest where he will declare himself the victor 100% of the time.