Post
Topic
Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
cedivad
on 07/11/2013, 17:32:20 UTC
You don't have to believe me, and don't attack the messenger.  You can hold out hope and wait for Hashfast to contradict me but that contradiction isn't coming.
They stated, back in days, that refund, if they where to happen, would be in BTC.
Just check their post history.

Not that i trust them, either.

In BTC doesn't mean the BTC amount.  It likely means they intend to use Bitpay or some other service to automate refunds.
I would love to be wrong but counting on anything more than 100% USD refund is a fantasy.

I mean lets look at this logically.  You rant about how they used our money to fund the NRE.  How did they fund that in BTC?  How did they purchase masks in BTC?  How did they buy a batch of wafers in BTC?  How did they contract an packaging house and assemby house in BTC?

The simple answer is they didn't.  When you paid x BTC using Bitpay, Bitpay converted it into y USD and deposited into HashFast bank account.
I should have said "of the btc amount used when purchasing the product". I'm quite sure that it was already quoted at the time. I'm gonna look for it.
Anyway, yes, you are right. There is no way that is gonna happen.
I keep thinking that either we get a shipment before the 31 of Dec, or we get nothing (but their IP).