sounds a bit promising. I hope they do survive and produce the ASICs, in that case I'd expect us to get hardware with updated hashrates that would be suitable to the time of shipment. Did we ask for a refund or would we still be able to choose another deal, if they do survive?
If they were really honest, they would have done one of a few things (and perhaps more than one thing):
- Responded to their customers
- Offered to provide hardware that would have matched the hashing rate / network rate at the time they were supposed to deliver the hardware
- Provided a no-fuss refund (I understand they were likely broke, but they could still communicate with customers rather than go radio silent)
- When providing refunds, return the original BTC like they said they would do (somebody said it's actually illegal to use a customer's pre-order funds to pay for development... some FTC regulation mentioned. I don't know about that, but there are definitely rules covering refunds for products not shipped on time and they've broken those rules. The rules even say the customer must be refunded without requiring the customer to ask!)