Post
Topic
Board Hardware
Re: Why you shouldn't buy Hashfasts new "up to 800GH/s" "product"
by
Techknowledgy
on 03/03/2014, 05:35:54 UTC
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.
I'm speaking from my own experience. Sadly, I can't really afford to buy a couple units from every vendor that comes along.  You'll note that I'm not using any special moderator powers here, e.g. kicking Hashfast's ass for deleting my post in their self moderated thread. I'm here as a (well known) community member.

(Y'all wanna fund me to buy one of every other piece of hardware, I will— and then I'll be glad to blast the everlasting crap out of them when they don't deliver... kinda costly though)

Quote
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.
I was in Germany at the time of their announcement and couldn't do my normal due diligence which probably would have saved me— and did from several other vendors before. Sad

From now on I wouldn't agree to a preorder without using a multisig escrow or alike just to prevent the current situation.

Thank you for the response. That might have came off a little harsher than I intended it to, but as a Bitcoin consultant I have lost my patience for these snake-oil salesman coming through town. I understand that you can only speak from your own experience and can't buy everything out there, but as you are well-known in the community your voice carries more weight than say, cedividad, (no offense intended cedividad). I respect that you didn't use your moderator powers as you could have and instead started a separate thread, which I think is commendable, but as I said your voice carries weight and it made the rounds of the internet I frequent VERY quickly.

As an aside, maybe we should have a sort of Bitcoin Miner Foundation, or something of the sort in order to give more of a voice and power to miners in some way. They can be funded by miners to buy miners and then do a whole consumer report of the whole situation. This would at least provide more transparency and accountability for our side of things. It might be a dumb idea or brought up before, but it's one I've kicked around for a bit.

Thank you for calling out Hashfast and relaying your personal experience.