HashFast Technologies
| Industry | Mining hardware |
| Defunct | 2014 |
| Headquarters | San Francisco |
| Website | http://hashfast.com/ |
HashFast Technologies was a San Francisco area ASIC mining hardware designer and retailer. Its Golden Nonce family of chips powered HashFast mining boards and systems sold to bitcoin miners during 2013–2014.
History
HashFast marketed high-performance ASIC miners while the network difficulty rose quickly. Customers and creditors alleged delivery failures and unpaid refunds. In May 2014 an involuntary Chapter 7 petition was filed against the company. Around June 5, 2014, HashFast sought conversion to Chapter 11 reorganization, and the court granted Chapter 11 on June 7, 2014.[1]
Bankruptcy records discussed Golden Nonce generations (GN1, GN1.5, GN2), related intellectual property, and contractors involved in design and fabrication. Court materials described HashFast's IP as centered on Golden Nonce designs, with uncertain ownership for some later generations and contractor roles for firms such as Uniquify, Signetics, and DXCorr.
In November 2014, a federal bankruptcy judge approved auction of nearly all remaining assets, including chips, wafers, boards, fans, older miners, and certain legal claims. Creditor claims were reported in the tens of millions of dollars. The auction was set for December 4, 2014 in San Francisco.[2]