Quote from: driver on May 16, 2014, 12:46:11 AM

Quote from: Bit_Happy on May 16, 2014, 12:24:09 AM

The recent article about HashFast highlighted how broke they are "due to refunds", and that they are (like you said) sitting on a big pile of chips.
I would take the board ASAP, since you don't want to get tied up in waiting for (a possible) bankruptcy to go through the courts.

ps. This topic probably belongs in 'Mining' or 'Service/business Discussion'...?

Yes I was not sure where to post it so I put it here . Figured a moderator would come along and move it if there was a better spot .

yep I was thinking about that board . I checked and it will not ROI for 6 months at the current rate . But if there is another coin that could be mined with it that looks promising I would try it . I was actually wanting the refund so I could build a good scrypt miner but I think refund is a long shot .
Even the board may not be an option . They have a lot of chips not boards . The big guys would get them first and then the batch 2 , 3 and on to me in middle of 4 . may not be any left by then . They may offer chips but then what would I do with them .
oh well jsut thinking on a way to avoid suing them . that is a real hassle .

your screwed either way. if its 6 months ROI now. and a big jump of difficulty every 2 weeks, with a large jump of hash power with it. by th time they get to your batch 4 it would have been a couple months and your ROI is then well over a year.