Post
Topic
Board Gambling
Re: BitBet incorrectly declares yes to a no bet. Stay Away from BitBet!!
by
Kluge
on 06/09/2013, 22:38:30 UTC
More info from IRC...

He claims that punin defined "unit" as not being the full 400 Gh/s in this post.
I disagree; punin admits the single board did not meet expectations, but he never says the ordered unit won't. On the contrary, he says an additional board will be provided to make sure the delivered specs are met.
It seems to me two boards comprise the full unit of this "first batch".
Not the advertised design, but it does meet the advertised specs the bet mentioned.

Furthermore, he also admits that he made this bet after he though the conclusion was certain (ie, reading that post), and that he was not prepared to lose.
Betting when one is certain of the outcome is morally wrong unless the other party agrees knowing you are certain.
This can clearly not be the case for everyone who bet before the forum post in question.
So, I'm not at all sympathetic, as he basically tried to steal from the other betters.

While I still wouldn't recommend trusting mircea_popescu (who runs bitbet), he clearly made the right decision in this case.
Maybe.
"I will ship your ordered hashrate regardless (ie. more hardware free of charge) until we fix this issue and can provide 400GH in one unit."

If he didn't ship the additional boards by September 1st (I have no idea) which'd get a unit up to 400GH/s, then it couldn't be considered that 400GH/s units were delivered, right? 365GH/s delivered + more later =/= 400GH/s delivered. Or maybe I'm misreading and the extra boards (which still fit with the ordered # of boards in a single unit?) were shipped with the number of boards ordered for 400 or more GH/s?