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Web3 Graveyard
InsolventMining hardwareBitcoin2013–2014

HashFast

Its mining chip was called Golden Nonce

A San Francisco company producing ASIC-based Bitcoin mining chips and equipment.

Capital raised (announced)
Reported figures differ

Funding

RoundDateAnnouncedInvestors
Reported seed funding23 October 2013Not disclosed

Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.

People

NameRolePeriodNowLast checked
Eduardo DeCastro—Not establishedOct 2026
Simon Barber—Senior software engineer, Cisco MerakiOct 2026

How it ended

CoinDesk reported that the bankruptcy court granted HashFast’s Chapter 11 request. HashFast said it intended to reorganize to provide greater value to creditors than liquidation would.

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Sources

5 sources behind this page.

  1. 1HashFast enters Chapter 11 bankruptcy · CoinDesk · Jun 2014
  2. 2Crunchbase: professional biography · Crunchbase · user-editable
  3. 3Crunchbase: professional biography · Crunchbase · user-editable
  4. 4HashFast Technologies company profile · PitchBook
  5. 5HashFast company profile · Tracxn

Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.