Quote from: Jutarul on January 29, 2014, 11:53:26 PM

Quote from: dbbit on January 29, 2014, 11:08:28 PM

....
Of course that wasn't the case, so this is speculation.

I am seeing people making a lot of messed up arguments about how spending money on mining equipment is a form of speculation and how it depends on Bitcoin price. It's a straw man which distracts from the real issue:

HashFast sold hardware based on an october delivery which resulted in yield projection based on a 2 PetaHash network. They failed to deliver by a significant time-span and the network is now 20 PetaHash and the yield projection is down to 10%. That right there, gentlemen, is the damage done and the only way HashFast can possibly compensate for those yield losses is by eating into their previous, current and future profit margins.

In my best guess HF will only do what BFL did at best and offer customers a discount on a new pre-order for a new product range. Like BFL did with the Monarch for their 65nm pre-order customers. Which they first promised for delivery last October and are now say late March delivery at the earliest IIRC Roll Eyes