Bitcoin Forum

Bitcoin => Group buys => Topic started by: villex on June 07, 2013, 09:40:03 AM



Title: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on June 07, 2013, 09:40:03 AM
Price per GH/s at current BTC price: BTC0.3283 Klondike blueprint
Price per GH/s at current BTC price: BTC0.4866 BitBurner XX blueprint with overclocking capability 450MHz stable at 94W

Code:
Pledged amount

ID                     Amount BTC                      User
-------------------------------------------------------------------------------------------------
 1               15                              BitCoinHarlemite
 2                    N/A                                    Edgge
 3                     3                                     btceic
 4                     3                                    wedgy2k
 
Total:                       21


This service Includes

  • Avalon Chips
10000 Avalon 110nm ASIC chips, producing 282 mh/s.

  • PCB's and Parts
All PCB and electronic Components required.

  • Assembly Service
Assembly of the full Mining Rig which is equivalent to 625 K16, Including PSU's and Cooling

  • Hosting Service
Private building to store the full lot with a variable fee to cover electricity, cooling and internet costs + 5% administration fee.

Payment Terms
The amount needed for this project will be split in two payments, First payment will be Chips and Second payment will be PCB's and Parts. This is because we need to protect the fiat value at the moment of payment for the PCB's and it will be exchanged to USD

Total amount for chips to be gathered: 790BTC + Escrow commission.

Total amount for PCB's and Parts to be gathered based on K16 design:  $18,100 + Escrow commission. First Choice

Total amount for PCB's and Parts to be gathered based on BitBurner XX:  €52,500 + Escrow commission.  (still waiting for DIY prices)

Current BTC Price = USD$95.00

Your participation in the project will be divided this way (Chips + (Hardware costs/Chips qty.) + Escrow commission)

The full Amount will be kept in escrow until the goal is reached. But I need the 10% pledged before opening the service.

Customs payments will be divided within the ones interested in the project and will be required upon receipt of the shipment.


Who should purchase my services?
The one who want to enter the mining world at low prices compare with other competitors, without the hassle of learning electronics or perhaps the electricity in your country is too expensive.

Who should not purchase my services?
The one who is a fan of mining hardware and knows how everything works.

Will you keep my miner if you close the operation?
This is a Custom Mining Rig, so if by any chance we have to close operations the hardware will be sold and the earnings will be divided within the ones involved in the project. Of course we don't see that in the near future.

Payment Method

You can purchase as little as 1 chip in the project, and the calculation will be this way:

Chips price + ((Total Hardware cost/Total Chips qty)/Ordered Chip qty) + Escrow commission.

So, for a 10 chips order based on K16 it will be:

(0.079*10) + ((18.1K/10K)*10) + (1 to 2%)
BTC0.79 + $18.10 + escrow to be calculated.
 <- the hardware price has to be exchanged at current BTC price.

After that you will have to send two payments to the following addresses.

Send payment for your chips to: 16TdXr6nB2qbJaLmCpzyWHqE5YEpm6K3N4
Send payment for your Hardware to: 1Du2PTxWwrdU3e5HyvtBB343KrjxnniVKH

Email proyectos@websonline.info with your TID, payment address and qty. of chips pledged.
Remember to send your payments from an address you can control. You will be required to sign messages with that addres in order to proof your payment authenticity.

When we have the 10% pledged I will arrange the escrow service.


Right now I'm asking John K. about an escrow service until the entire amount needed is gathered.
http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://anonymouse.org/cgi-bin/anon-www.cgi/http://img13.imageshack.us/img13/8243/johnac.png

Refunds
Refunds will be given before the chips purchase, after that, there will be no refunds.

My Topics referring to the project:
https://bitcointalk.org/index.php?topic=240729
https://bitcointalk.org/index.php?topic=227948


Title: Re: [Group Buy] Avalon ASIC chips at 0.079 per chip
Post by: villex on June 07, 2013, 06:28:18 PM
Ok, received a reply from John K. just need some people interested in this and will open the escrow option.


Title: Re: [Group Buy] Avalon ASIC chips at 0.079 per chip
Post by: villex on June 11, 2013, 04:21:59 PM
no one showing interest?


Title: Re: [Group Buy] Avalon ASIC chips at 0.079 per chip
Post by: BitCoinHarlemite on June 17, 2013, 01:28:46 PM
do you build actual rigs? If so, I wanna get up on this.


Title: Re: [Group Buy] Avalon ASIC chips at 0.079 per chip
Post by: villex on June 17, 2013, 05:52:11 PM
do you build actual rigs? If so, I wanna get up on this.

Yes, that's the point of this group, I'm talking to BKKCoins, HashTech and burnin to offer the PCB kits also.

If you want just the assembly service look at my signature.


Title: Re: [Group Buy] Avalon ASIC chips at 0.079 per chip
Post by: Foofighter on June 17, 2013, 08:15:39 PM
Hi,

Why buy chips from you? There are so many other group buys out there, is there an advantage?


Title: Re: [Group Buy] Avalon ASIC chips at 0.079 per chip
Post by: villex on June 18, 2013, 12:29:38 AM
Hi,

Why buy chips from you? There are so many other group buys out there, is there an advantage?

Prices, administration, decentralization, and import costs.

I'm actually thinking in change the objective to build a Mining Rig and instead of hosting I sell shares wich are equal to (chip + (PCB$/chips) + (hardware$/chips)) and after the full amount is reached, order the chips, PCB's and other hardware, build the rig and charge just for the administration. Note, there is no assembly cost in this new plan.

What do you think about that?


Title: Re: [Group Buy] Avalon ASIC chips at 0.079 per chip
Post by: BitCoinHarlemite on June 21, 2013, 10:35:38 AM
You do escrow. Because if that is the case, I'll chat with John K, so I can buy.


Title: Re: [Group Buy] Avalon ASIC chips at 0.079 per chip
Post by: villex on June 21, 2013, 02:25:17 PM
You do escrow. Because if that is the case, I'll chat with John K, so I can buy.

Yes, I'm totally ok with escrow and as you can see in the OP I'm waiting for what John K asked, 10% of pledged chips before opening the service.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 8%
Post by: Edgge on June 23, 2013, 06:43:53 PM
im starting out new in the bitcoin phase let me know how I can help


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 8%
Post by: villex on June 23, 2013, 07:36:24 PM
im starting out new in the bitcoin phase let me know how I can help

You can pledge your share on the project right now so we can start the escrow process and attract more people.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 8%
Post by: cpengr on June 23, 2013, 09:28:32 PM
How much is pledged so far?


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 8%
Post by: villex on June 23, 2013, 09:43:33 PM
How much is pledged so far?

Right now, I'm just receiving questions. That's why I'm asking for pledges, the more people interested the faster we can start to order.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 8%
Post by: cpengr on June 23, 2013, 09:49:20 PM
How much is pledged so far?

Right now, I'm just receiving questions. That's why I'm asking for pledges, the more people interested the faster we can start to order.

So, zero?

You are accepting pledges, which are payments made to the escrow address, right?


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 8%
Post by: btceic on June 23, 2013, 09:52:36 PM
I might consider 3 BTC's worth.
What is the expected hashrate for 3 BTC's?

Currently I have on order:
10 Shares via KnC group buy worth 28 GH/s I paid 5 BTC's
7 Shares via KnC group buy worth 9.87 Gh/s I paid 2.1 BTC's
3 K16's via TerraHash worth 13.5 Gh/s for $750 or ~7 BTC's


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 8%
Post by: villex on June 23, 2013, 09:56:31 PM
I might consider 3 BTC's worth.
What is the expected hashrate for 3 BTC's?

Currently I have on order:
10 Shares via KnC group buy worth 28 GH/s I paid 5 BTC's
7 Shares via KnC group buy worth 9.87 Gh/s I paid 2.1 BTC's
3 K16's via TerraHash worth 13.5 Gh/s for $750 or ~7 BTC's

We are expecting +/- $40 per GH/s so at current price it will be 2.70GH/s per 1BTC
5BTC worth 13.5 GH/s with shipping, assembly and hosting administration, cooling and support for the hardware so you don't have to worry about anything. One single order to do everything for a low fee and you're not forced to purchase the whole miner if you don't have the money right now.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on June 24, 2013, 06:06:26 PM
By popular concern, Updated the Hosting terms.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: Subw on June 25, 2013, 12:37:19 PM
Isn't avalon chips outdated already?


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on June 25, 2013, 02:57:41 PM
Isn't avalon chips outdated already?

Interesting question.
What do you think would be a better choice? I'm open for opinions.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: Subw on June 25, 2013, 09:03:56 PM
As i understand, bitfury made best chip as of today, but it is not for sale still...
Rigth now BFL chips are most efficient and available for preorder.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on June 26, 2013, 03:58:11 PM
As i understand, bitfury made best chip as of today, but it is not for sale still...
Rigth now BFL chips are most efficient and available for preorder.

You're right, but chips available for "purchase" and working are Avalon and no other choice at the moment. For BitFury chips we still need the release and possible hardware requirements.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on June 28, 2013, 08:16:29 AM
Still open, I need 1000 chips pledged to open the escrow with John K.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: BitCoinHarlemite on June 29, 2013, 01:37:34 PM
How is 15BTC?


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on June 29, 2013, 04:51:12 PM
How is 15BTC?

Are you in with 15BTC?


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on July 05, 2013, 05:18:04 PM
This project is still available.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on July 06, 2013, 07:01:28 PM
New quote from PCB manufacturer.
PCB unit price: USD 1.8
Tooling and testing: USD 300

This prices are for the size of this project.
So, that will leave us a discount on the hardware price of  $6900.

Price per chip assembled right now is +/- 6$USD
Price per GH/s right now is +/- 25$USD or 0.3623BTC with Klondike blueprint. Still waiting the sources for the BitBurnerXX to make a quotation.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 8%
Post by: wedgy2k on July 07, 2013, 08:19:17 PM
I might consider 3 BTC's worth.
What is the expected hashrate for 3 BTC's?

Currently I have on order:
10 Shares via KnC group buy worth 28 GH/s I paid 5 BTC's
7 Shares via KnC group buy worth 9.87 Gh/s I paid 2.1 BTC's
3 K16's via TerraHash worth 13.5 Gh/s for $750 or ~7 BTC's

We are expecting +/- $40 per GH/s so at current price it will be 2.70GH/s per 1BTC
5BTC worth 13.5 GH/s with shipping, assembly and hosting administration, cooling and support for the hardware so you don't have to worry about anything. One single order to do everything for a low fee and you're not forced to purchase the whole miner if you don't have the money right now.

New quote from PCB manufacturer.
PCB unit price: USD 1.8
Tooling and testing: USD 300

This prices are for the size of this project.
So, that will leave us a discount on the hardware price of  $6900.

Price per chip assembled right now is +/- 6$USD
Price per GH/s right now is +/- 25$USD or 0.3623BTC with Klondike blueprint. Still waiting the sources for the BitBurnerXX to make a quotation.

Hi
So I could I ask you to recalculate using the new data please?
and provide and ETA for up and running please?
I also may have 3BTC worth too
(one GB i'm in is 5.5ghs per BTC *If the H/W arrives!* - Price per Ghs is probably what we're all interested)
Thank you.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 8%
Post by: villex on July 07, 2013, 08:24:48 PM
Hi
So I could I ask you to recalculate using the new data please?
and provide and ETA for up and running please?
I also may have 3BTC worth too
(one GB i'm in is 5.5ghs per BTC *If the H/W arrives!* - Price per Ghs is probably what we're all interested)
Thank you.

Thanks for the request. I will put a Price per GH/s at current price in the OP.

Also, the process will be, assembly -> testing -> work. Every miner tested will be put to work ASAP and the lead time sounds like 4 months due to components running out of stock and have 4 to 9 weeks of restocking lead time.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: BitCoinHarlemite on July 10, 2013, 12:34:28 AM
What is my expected earnings with 15BTC


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on July 10, 2013, 12:46:42 AM
What is my expected earnings with 15BTC

You will be paying for 41GH/s in the project at current price.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: BitCoinHarlemite on July 12, 2013, 06:29:43 AM
Would it be fine if I gave my pledge in installments. 15BTC is a hefty investment. I was thinking about 5/5/5, to see if there is profitable speculation.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on July 12, 2013, 04:27:25 PM
Would it be fine if I gave my pledge in installments. 15BTC is a hefty investment. I was thinking about 5/5/5, to see if there is profitable speculation.

well, this is an investment for a full 3TH/s mining rig, you can go with the amount you want, after this one is finished we will be building another one with the next generation available.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: BitCoinHarlemite on July 12, 2013, 11:06:33 PM
Okay, that seems very very fair. Where are you based in?


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on July 13, 2013, 01:16:22 AM
Okay, that seems very very fair. Where are you based in?

Santa Ana, El Salvador.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: BitCoinHarlemite on July 13, 2013, 01:55:02 AM
when are you planning on beginning mining phase?


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on July 13, 2013, 06:32:52 PM
when are you planning on beginning mining phase?

as fast as we can have the parts and chips. It will be progressive, 4 months to be fully operational.

Also, the process will be, assembly -> testing -> work. Every miner tested will be put to work ASAP and the lead time sounds like 4 months due to components running out of stock and have 4 to 9 weeks of restocking lead time.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on July 20, 2013, 10:06:26 PM
This project is still open.


Title: Re: [Group Investment] 3 TH/s Mining Rig with Hosting at 5% + expenses.
Post by: villex on August 10, 2013, 10:43:14 PM
Closed.
Lack of interest and Avalon doesn't look like a good investment right now.