The news is not exactly surprising, but this week a federal judge turned the possibility into reality. US bankruptcy judge Dennis Montali approved the auction of nearly all the assets still belonging to Hashfast, the Bitcoin mining equipment producer that owes more than $40 million to creditors based in the United States, Europe, Australia and New Zealand, India and Canada. Binance Coin Price; NEO Price ; Dash Price; Reviews ... Hashfast were forced to file Chapter 11 bankruptcy back in June. The company claimed to be the maker of the fastest bitcoin mining hardware in the world. It promised to ship the Yoli Evo, with up to 800 GH/s per board, but failed to fulfil their promises, leaving some customers without the items they had paid for. The petition against ... A court has granted an order freezing ASIC manufacturer HashFast's bitcoin wallets as customers sue over delays and refunds. ... Binance. Binance’s New Platform Will Connect CeFi and DeFi With ... Hashfast Evo Board courtesy of Hashfast The company has been trying to restructure itself after the bankruptcy petition, even attempting to sell off its assets via its blog. Its planned hardware auction was set up for December 2, and interest was predicted, but the auction was cancelled after bids were considered to be too low to be realistic. HashFast originally tried to auction off their assets to the highest bidder, but the auction turned out to be a failure as HashFast claimed that they were only receiving “lowball” offers. HashFast seemed to be facing problems that have afflicted many other bitcoin mining companies in recent times. Whether self-inflicted or not, it would appear that the large number of unhappy HashFast ... The Avalon bitcoin mining chip manufacturer attracted investors in May of ... Black Arrow Software, Hashfast, Vmc, and Cointerra. Some of the older companies like Canaan and Bitmain still have to ... HashFast’s Bitcoin mining rigs to get power supplies from Sea Sonic By Maria Santos Last updated on January 2, 2018 at 00:00 No Comments After recently teaming up with CIARA to produce its new 28nm ASIC mining rigs , HashFast Technologies announced a new partnership, this time with the company Sea Sonic Electronics, which will produce power supplies for HashFast’s Bitcoin mining systems.
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