Post
Topic
Board Hardware
Re: HashFast announces specs for new ASIC: 400GH/s
by
Ilan1
on 19/07/2014, 13:26:10 UTC
Hushen: "I hired an accountant, I've had four turn over in the last two months."  (@~2:52:30)

If the average tenure of employment of a new accountant at Hashfast is two weeks, it sounds to me like these guys take a look at the books and say "Get me out of here!"

But, man that's a long exchange between Igor and Monica.  Both of them make me want to cringe.  Igor for being such a pedant (although I'm on his side!), and Monica for being a condescending jerk.

And who was it, one of the women, who said (earlier), "He's from Europe, he has a different east."  It didn't sound like a joke.

Please tell me it was their lawyer, and not ours, who thinks that the cardinal directions vary from continent to continent!   Grin

This Guido Ochoa.... $500k... a Venezuelan Socialist politician?  One wonders if his plan isn't to evade his own government's currency controls.  Do we know if he paid USD cash?

At the very end... if it's "under $20 for the [new] substrate and assembly", and the new substrate is "less than half" the cost of the current one (quoting Simon), do I understand correctly, then, that the original assembled boards (without the chips) probably cost Hashfast something like $45-50 each?  They had chips on hand.  So chip + $50 = working board? And they had component supplies on hand?  Why the hell couldn't they ship more systems?  If this was the case, they could have furloughed everybody for a week, taken the salary saved, and had the money to build and ship quite a few machines.  What am I missing?



Agree.  Igor was hard to listen too, but he stirred them up which was entertaining! Smiley  I don't understand it either although I think the materials for the boards cost a little more than what you stated based on what I have seen. Regardless the cost seems low enough that they should have been producing product after product by this point. I wondered if their were no more to make because everyone wanted a refund in BTC due to that MPP debacle.

 

There were no more to make because they tossed off everyone's money, the expenses they ran up the salaries they were paying out all prioritised before what they should have focused on first and foremost their customers!

It will all come out in the wash, they won't get away with it!! It may take time but barber will probably stay abroad rather than face the music IMO!!