Bitcoin Forum

Long story short, I moved to China 4 years ago, have my own factory in shenzhen making power tools.
Asked my staff to contact bitmain and try to get to the most senior person they can get to.
I tried to get information about the next generation of miners, release dates and so on.
The answer was pretty much - no.
My staff who speak Mandarin told me that it doesn't sound like they're planning to release an "s11" in the next year or so.

However, I was able to get them to promise a quote for 500 S9 antminers which they will ship to me before they make them avilable on their website to the general public.

I'm supposed to get the quote by the end of the week.

I have a 2000 square foot factory floor in shenzhen and I pay around 8 cents per Kw/h.
I'm thinking of doing a group buy for these miners, buy 100 for myself and let 400 others buy with me and either ship it to them or run the machines at my factory for a small fee to cover a full time IT guy ( $1500/m) and rent / electricity.

Wondering how many of you would want to participate in something like this. If there is enough interest, I'll open some sort of a closed FB group or talagram group where you can tell the IT guy exactly how you want your machine to be set up, which pool / address to point the machine to and ship out the hardware to you if you decide to mine by yourself at any point.

Please comment if you're interested to be added to such a group.
Cheers.
Nimo

right and price wise what did they say for 500 units?

I'm in.

I'm in

I'm getting the quote tomorrow or the day after.
I'll update when I get it.

Call me skeptical but 1 post newbie's jumping on another newbie's great deal just screams red flag to me.

Also a little strange they both posted the exact same comment  ::)

Seems dubious Bitmain would promise to ship you 500 units before releasing to the general public too and no mention of Escrow.

Will participants in your group buy be sending payment directly to Bitmain?

hehe...I am a real person.Trust me even though I show newbie, I know better...I've had lots of the Facebook scammers trying to take my money...of course the only way to make something legitimiate is through a source that backs and says the transaction is real (ebay) or in person (kijiji)...anyways, I'm curious to see what this guys purposal is...

Get the 500 in hand and take pictures. You'll have them sold in no time.
Split a flight for me to come see your facility in China and I'll make a review for the forum to see. That will bring hosting interests.

Hi
You're welcome to come checkout my factory. I won't split a flight with you, but if you come, I'll set you up with an apartment near my factory for a couple nights.
We're in longhua shenzhen.
Address:深圳龙华新区三联村墩背工业区2号星宝MotiB 2楼 尼摩电动工具有限公司
No.2 DunBei Industrial District SanLian, LongHua new district,                       Shenzhen,Guangdong,China,Zip code: 518109

Anybody from this forum is welcome to come visit regardless of whether or not this group buy will happen. Just write me ahead of time if you're coming to make sure I'm around.

I'm not planning on scamming anybody. I'm the CEO of NemoPowerTools.com and I'm interested in crypto since 2011

Once there is enough interest, I'll do a live stream or skype call from my factory.
Let's wait a day or two until I get the quote from Bitmain.

Cheers.

I'm in too, if you get a good price :) Would also be interested in visiting your factory in China!

I am in too if this is legit and the price is fair. also dependent on how payments are arranged

I could be in for a few, depending on the arrangement.

please keep us updated!

     To bad you are so far away, not that I couldn't enjoy the visit though. Anyways, sounds like you might be in the need for a board level technician sometime in the future(I don't see you sending boards overseas to have the basics reworked unfortunately). On the investment side however I would love to and on the ground floor of the creation of a new farm, please count me in as well.

 I've been around since Mt Gox, Hashfast, and now Nice Hash, I am convinced that an extensively diverse bitcoin portfolio is the way to minimize the inherent risk. Right now I am in multiple cloud services and coin, soon I will be in hardware personally as well, so I think getting in early on a farm Fits my model perfectly. At the moment I don't see any way my technical expertise can be of use but if there is anyway it can be, I'm at your disposal.

J

Also interested if legit. Would look to take 1 or 2 pallets worth (including PSU's) off your hands.

I'm in as well. I would be more interested in getting miners shipped to my location though it's out of China. Hope you agree. Thanks.

Plz pm me as I may not be able to check further updates in thread itself. So just buzz at PM so that I can look around. Would be interested in buying around 10 pcs and can be more if the pricing is great.

I am also interested.

Fabian

Lol dude signs up a few days ago and is like yeah im gonna grab 500 units just send me your BTC yo!

are you already mining at your factory ? a few pics of some machines that are already running would be nice

im in

There you go.
BTW I'm not going to ask anybody to send me any money/BTC .. I'm talking to them about paying directly to Bitmain.
Gosh some people around here are cynical assholes.

https://ibb.co/bTJ3Pm
https://ibb.co/cMXV4m

I don't have 500 yet, but it's a start (:
In any case it doesn't seem like there is enough interest at this point to get this done.

I am in if you are still perusing this

nice .. will Bitmain accept your order with all the payments broken up ? im def. interested.

im still interested as well

You are really saying there is no interest in buying S9s? Really?

My list is at about ~20 people right now, and I want to buy 100 myself.
But the minimum order will be 500
If you can find 380 more people who want in, it will happen.
Price will most likely be around $2500 but I'm waiting on the official quote and delivery date.

So you don't have a price or a delivery date and you expect people to commit? The problem is not the demand, there's plenty of it, the problem is that you are not making any sense.

I'm not asking anybody to commit at this point. Just say if they're interested to see if it's even possible to pull off.
Once I have enough people on the list, I'll ask Bitmain for exact dates. The answers I got so far on the phone are "dealer prices are 5% cheaper" and "We will ship large dealer batches before the individual orders from the site".

Interested for 3-5 units

Interested in 10 units.

• BTC difficulty jumps in Jan. 2018
• BTC prices heading down
• S9 price double from last month

= less enthusiasm than I had 6 weeks ago.  Still interested in several S9's.

Sounds like you'll need to build/allocate some sort of area to house the miner racks, provision AC power, exhaust hot air, etc..
any idea how much that will cost and what the hosting overhead might be?

Already have that covered for myself (100 units)
I have lots of space in my factory in China.
I'm no longer planning on hosting anybody else's machines though, it seems like alot of headache.

Still waiting on the official written quotes.. Will update as soon as I get it.

i hope you are right, and i think you are.. im glad i didnt buy at that price.. i see ebang has posted that they have 10nm devices ready to ship jan 20th (not on sale yet, and also their description page shows 14nm, so im confused). we will see what happened. i ended up ordering one 741 but i may re-sell it depending on what comes out in Jan/Feb.

With a 100 units, you can expect some DOAs.  You'll gain experience dealing with Bitmain 'warranty' process.

I'd be willing to pay extra to have your IT staff unpack 'my' S9's, fire them up, configure them to run on your pool for a week or so and ship me only working units.  Your staff could chase Bitmain to get the DOAs replaced/repaired much more efficiently than I could from a different continent.

+1 here. I am puzzled about some people selling "new unpacked" hardware from Bitmain, are actually arguing when asked to open them and test them for me (a buyer). I actually value more an opened, slightly "used" miner than a grey box with big question mark inside it.
When I used to do early bird mining back in 2013-2014, I would open every single box, mine it for couple of minutes at least, or overnight if they would stay that long (when I was importing staff to sell to friends). And people were really thankful for that, not other way around like these days.

Hi Nemo,

I'm interested in getting about 5-8 units.

If the price of S9 is hodling at usd2500.

Please let me know.

Thanks!

Had to create an account after an eternity of lurking just for this message.

I might be interested in purchasing 240 units if I can get a confirmation by email or otherwise from bitmain and have my share be shipped to a warehouse of my choice in China.

You can contact me at admin[at]city[dot]life  (yup it's a .life)

Now we're talking  ;D
To OP, this request is worth pursuing, I guess.

Sent a pm on reddit where he also posted, saying i'm interested in 50-100 units, maybe more. That was 2 days ago. Haven't heard back yet...

-_-'

They are everywhere, like a plague  >:(

I'm in. Interested in 20 - S9s.

I think this nemo guy is legit, he already started out by saying that his intention is not to scam and he didn't ask for any payment in advance.

If this group buy succeeds, I think you and I we all owe him a favor.

Seriously hope this can materialize.

ps. I will probably fly to SZ in first week of Jan 2018. I have an vague idea where to get miners OTC in SZ, at retail price of course.

Also stopped lurking to create a post for this.  Seems like interest is really taking off, hopefully there is good forward progress.

Hey sorry for the late replies here and on Reddit.. I'm a bit busy with non crypto related business, but I'll put the list together and get the details ASAP. I did get many messages here and on Reddit and I'll try to answer all of the messages soon.
I'll be in San Francisco during January but if anybody's interested to visit my power tools factory in Shenzhen, you're welcome to send a message and my staff will meet you and show you around. Take into account you won't see many machines there at this point, just a couple of S9 and some GPUs.


Thanks for the response, I'm doing my best to put this thing together.

This is my previous correspondence with the rep. I'll call again to pressure for the written quote ASAP. Thanks for your patience, hope I can pull this off soon.

https://i.imgur.com/nDaI25m.png

Hi Mr. Nimo Rotem,

Thank you for your time and effort to organize this group-buy, I am grateful for it because it is very hard to get S9 miners unless paying extortionate price.

Looking forward to your good news!

Thanks and regards,
Steve

We are interested in 150-200 units. Ready to pay and see the goods as soon as possible.

cReepas

Would be interested in 10-20 pcs.  Keep us updated.  At point of purchase, you should be able to use Escrow.  Of course you deserve some payment for floating that much fiat.

I'm interested in 4 units.

Thanks

Hey, I am interested in about 50 units

I need 50 units

I gather if everyone is piling in on units...

Is this guy going thru someone on bitcointalk with legit escrow?

just asking.....not a slam..just a precaution...I'd assume is being taken on this thread

Interested in 25-30 units.

Hi. Valid question.. yes I will not collect funds myself. It will either be a direct payment to bitmain or their escrow. The list seems to be big enough, even if just half the people who said they'll order actually order, we can get over the minimum for this deal order.

I'll collect everyone's emails and circle back with more info once they finally send me the quote like they promised.

Interested in 10 units as long as payment option is secure and right.

I'm interested but only for 1 unit.

Ill do 3-5 units

Interested in 1 or 2 shipped to USA

Although this guy is in China and has resources, he has zero experience dealing with bitmain or even with mining in general. No offense here, but I'm not sure he'll be able to pull this out.

I'm in, PMed you

Could take 3 or 4 Antminer S9's depending on price.

i am in, sent you a PM. thanks

I can do 200

Interested in 10 units shipped to UK

Interested in one, shipped to US. Thanks!

Interested in 4 units. Shipped to usa.

Hi Bro, count me in, i m interested for 10 Unit. May arrange to fly over and trade with u.

By the way, any indication date?

I'm in too

I'm interested in 20 to 50 units depending on pricing.  HMU

Interested in 20-30 miners depending on the price.

Next batch already come and gone, from Bitmain website. Any news on this group buy?

Let me repeat this:

Exactly. Only deal with reputable forum members in these type of transactions.

I've been searching everywhere for 15 s9's.
So if you can come up with them I'm in and can fly to china to complete the transaction. 

Bitmain is not some kind of alienesque entity, it's a business and they want to sell a product. If the man is who he claim he is (which is easily verifiable once the deal is confirmed) he has experience in dealing with suppliers and do business in China.

Nimo already managed to get in contact with Bitmain's rep which is not something retail would be able to do, so I'd give him credit before shitting on the group buy.

My only concern is that he kinda disappeared, an update of sort would be appreciated.

In for atleast 2 in USA assuming payment is via escrow

Proof because he claims he got off the phone with them? Sounds convincing

Same here. I need 40 Antminer S9 and willing to fly to China next day. Anyone having stock let me know.

I would like to purchase 100-200

Hi all.
I finally got the official quote and contracts from bitmain.

Screenshots of the last email excahnges are here:
https://ibb.co/eJ2mwb
https://ibb.co/d06qNG

The price I'm getting is USD 2295/unit and PSU APW3++ is USD100/unit
I will add $50/unit for my time. So total price per machine + power supply is 2445 before shipping.

Those of you who want to buy 200 or more - you do not need to do it through me. DM me and I will introduce you to the contact person in Bitmain. 200 is the minimum dealer order so you can do it directly through them.
They did promise me an earlier delivery due to the high quantity (500 units).
Shipping from SZ to my warehouse in HK is expected March 15-30. Shipping to the US will take 10 more days after that.

Payment terms:
I tried to pressure them to receive payments directly from multiple accounts, but they don't agree.
I will keep trying in my next call with them tomorrow.
If they don't agree to take payments directly, I will have to manage it all via my LLC in San Francisco. I completely understand if you don't feel comfortable with buying via a 3rd party you don't know. If that's the case, please don't sign up yet and drop me a line saying you are in IF we manage to convince them to take payments directly.
If you happen to live in the bay area, you are welcome to come meet me in person in the next couple of weeks, I'm in SF until Jan 30.

Contract
We will have a signed contract with my US based company stating pretty much what I wrote in this post. I will guarantee that the payment is transferred in full to bitmain and the shipping is handled with care, but I will not be liable for any delays from bitmain's side.   

Shipping
To save on shipping time / cost, we will ship all the units to San Francisco in bulk first by air. (sea shipment will take 30 days).
Once the units arrive in my office in SF, you can either show up in person and pick them up, or have me ship it to you via USPS.
If you pick the units up in person, you only need to pay the shipping from HK to US (We're working on getting the exact quote now).
If you need us to ship the units to anywhere else in the world, you can simply pick whatever works for you and pay the exact shipping cost depending on your location and shipping preference.

Hosting
If you would like me to host your machines in my facility in China, we still have ~50 spots avilable. The factory is located in:
Address:深圳龙华新区三联村墩背工业区2号星宝MotiB 2楼 尼摩电动工具有限公司               No.2 DunBei Industrial District SanLian, LongHua new district,               Shenzhen,Guangdong,China,Zip code: 518109
(2 hours by train from Hong Kong)

I will charge a flat fee of $120 per month per machine. You will not pay for electricity rent or any commissions. We will simply point the machines to whatever pool you choose. There will be 1 full time IT guy who can setup your machines in whatever way you instruct him. You can also ask for the machines to be sent to you at any point (in which case you'll need to pay for shipping).
Visiting the facility is fine as long as you let us know a few days in advance.


Signup:
Signing up using this google spreadsheet is not a commitment to purchase, but please only signup if you are absolutely serious about buying. If we can't get the 500 units commitment due to last minute cancellations, this group buy may not happen.


Signup form:
https://docs.google.com/forms/d/e/1FAIpQLScwNl4lqTq7m-LkcC2xJ4PUqS70IcuzOEehgQ1AZv1K40mBzQ/viewform

Hi I'm in for sure, loom forward to updates, 1-4 if you can accommodate

I signed up, keep us updated (escrow is a must).

I would like to have units shipped from your warehouse in HK directly to me. I am from UK. There is no point to take them to US and back again to UK.

Same for me.

I pmed you, but never heard back. I would be interested in 2.

I would be interested in 20 units incl. PSU.
You wrote the shipping to the US would take 30 days, please specify your process - from Bitmain to your location in China and then to you? Because for me it would be useless have it shipped to US when I need it in Europe.

As for the payment, if you provide an invoice and can accept payment via T/T in USD, it's OK for me. Also the invoice would have to state your final price including your margin + the shipping/handling costs. I would prefer T/T than in BTC or BCC.

Let me know through PM or publicly here in this thread about the development with the payment.

Please specify the expected date of delivery from Bitmain to your location in China.

Looking forward to your reply

Jan

We can do that. Just write it in the comment when/if you sign up.
I assumed most people are from the US, but we will split the shipment in HK so we can send it where ever is needed.

Hi, I'll answer publicly since I'm flooded with private messages.

Currently there are ~200 units accounted for on the list.
I will choose an escrow service on Monday and let you know the payment details.
Yes we send an invoice and the payment will be in USD to the escrow company, who will than transfer the money directly to Bitmain.
The shipment will be from Bitmain to my warehouse in HK (it's cheaper to send to HK than Shenzhen since we avoid local VAT this way).
Delivery should take no more than 2 days to HK.
Then we will split the order and send the required amount to the San Francisco in one air shipment. This will take about 10 days, not 30.
From SF some people already indicated that they will pick up their units personally, others asked for USPS or UPS.
For individuals out side of the USA we can simply ship directly from HK to your location. We can estimate the shipping cost once you provide the number of units you require and your shipping address in the google forms sheet I added a couple posts back.

I would be interested in purchasing one please. UK based. thankyou.

Hi, just signed up for 50 units if the price and details hold up.
I require shipment to the UK as well.

Good luck

Hello again,

I am not sure if you covered this issue before, but only to be sure, this whole venture is about which batch? In the screenshot a few posts back the person from Bitmain mentions the March batch, I am secretly hoping for a January batch, so as to have the units in hand asap.

Thank you very much for clearing that up

Jan

The escrow will not cover the shipping to the final address, isn't it? How can we be sure that from HK someone will actually ship something to us?

Dragos

If Phil is in on this for easy coast members I'm 100% in though I'm a little nervous about the next generation miner coming out really Soon with talk of bitmain buying next gen chips as early as this quarter.

Some answers to the questions above:

Philipma1957, I would live some help with shipping / splitting the shipment in the east coast. If people in the east coast agree to have you hadle the shipping to them, we can send the relevant portion from HK to you and have you ship it from there. In this case however my responsibility is limited to shipping the good to you and you'll have to take the liability from that point. (and buyers will have to agree to that). Please email me about it: Nimo@nemopowertools.com

dragospd:
I'm meeting with the Escrow company tomorrow and I'll circle back with more details. The funds must be transferred to Bitmain in full for the hardware. We have more flexibility with shipping after that.

iohen:
This is all about the March batch which they say will be shipped between 15th and 30th. I'm not aware of any January batch and I've been told on the phone they will ship larger batches first, so we should have this one sent out before other smaller ones.
I currently have 336 accounted for on the spreadsheet, once we reach a little over 400 I'll close the signup option. (I'm planning to buy 100 myself).


Anyone who marked "yes" on meeting me in SF. I'm on Guerrero and 16th. Email me with when you'd like to drop by for coffee.
Nimo@nemopowertools.com

As I mentioned I for sure trust Phil.

Nemo I know this is off topic but I saw your website and I see your company makes underwater power tools? That's pretty cool stuff!

Yep, that's my day job

What are the payment options for this batch?

Would you be able to operate as escrow for the US side as well? If so, I might be interested in a unit.

Hi Nemo, i have signed up on your spreadsheet. I am interested in purchasing around 50 units. Can we have a further discussion in PM? Thanks

Nimo, how would these units be insured?

In case of shipping (to Europe for what I'm concerned) or running in China (theft, fire hasard, ...)?

If anyone is concerned about the EU import tax with customs authorities in (NOT VAT), I sent an email to the general customs department in Prague, requiring the correct import designation code (as what type of goods the miners are supposed to be presented to the customs authority) and the amount in % the EU authorities will ask.

As I already did my search in the customs index and the miners - being basically an integrated electronics cirtuit, with operation memory, processors, etc. can be applied the designation code 8542311100, which does not require any customs tax at all (coming from China). But will confirm as soon as I get an answer.

I know there are guys from Poland, which should be the same as here in Czech Republic, am not sure how it is in the UK and US. Anyone can pitch in and leave their own experience, so everyone is prepared when the letter comes, that your miners have been confiscated and that the customs office needs explanations and some paperwork.


This is the link to the certificates for the Antminer S9. For EU, the CE and FCC certificates might be needed. So have them ready to make the process at the customs office as smooth as possible.

https://support.bitmain.com/hc/en-us/articles/224442167-Certificate-of-Conformity-for-S9.

Thank you Iohen, this is very useful information.
Amstellodamois: We will get standard insurance for shipping from the shipping company. 

For anyone interested to follow it up, this is the EU customs index and the suggested designation code, found it in English as well  ;)

But as I said in my last post, will confirm if it is correct

http://ec.europa.eu/taxation_customs/dds2/taric/measures.jsp?Lang=en&Taric=8542311100&EndPub=&Domain=TARIC&MeasText=&Offset=0&Area=CN&ShowMatchingGoods=&callbackuri=CBU-7&Regulation=&LangDescr=cs&MeasType=&textSearch=&StartPub=&SimDate=20180107&measStartDat=&OrderNum=&GoodsText=&search_text=goods&ExpandAll=&measEndDat=

iohen> What's the VAT in CZ?

I'm thinking it would be interesting to ship a batch into one low-VAT country, and then dispatch to EU buyers.

The VAT is 21%, not a low VAT country.

If everything is supposed to be transparent and correct, and also importing through official channels, there is no way around the EU taxation.

Nevertheless, I would like to join up in your venture. The relationship between businesses in the EU (both must be VAT registered) is tax free. Get in touch with me through PM or my email iohen@seznam.cz and we can discuss some details about your plans.

Take care

Jan

I was thinking about natural persons, actually. If someone was to import them to country A and then dispatch them throughout the EU, all units would be taxed under the rate of country A.

But it might not be worth the trouble. Still, saving on delivery...maybe?

I'm also curious how the warranty situation would work out. If we had an issue with a unit, would we be able to reconcile it directly with Bitmain?

[Mode=Stage fright]Ahem! Guys, I'd like to submit an idea...[/Mode]

While I want to believe Nimo's offer is legit and I try not to imagine the worse whenever I see an opportunity, I've been wondering about what sort of guarantee we could set up. While the escrow is one side of the story (i.e. make sure the supplier gets his million), how can we make sure the goods would actually be shipped to us in the end?

Nimo, would you find it acceptable if the miners were delivered directly to a parcel forwarding company in China or HK? Or possibly DHL/Fedex/Whatever, I assume they'd be happy to do some custom service to make four hundred times 50 bucks.

Hi Nimo, Just to let you know i received a PM from a suspicious account that has 0 posts and "suspicious" username similar to yours. Can you please check and report if spam.

https://imgur.com/a/9NhyS

wow, this is hardcore - makes me want to puke, the web admins SHOULD do something about this

Yeah, its really really annoying.. Can't imagine how many people have been burned in these situations by these scammers.

That account is NOT MINE.
Do not send any money to this guy. We don't yet have an escrow in place and and the list is still not completed (still missing ~50 to make it to the 500 mark).

When we do finish setting up the list we will inform you via Email and send the full documents and escrow terms.

Admins should check who opened this account and delete it / ban the IP.
My phone number is (415) 347-5970 and I'm currently in PST time zone. If you're unsure about something, CALL ME before transferring any money related to this group buy.

I emailed everyone on the email list about this. Hope nobody sent any money to this guy.
Thanks for the heads up.

I’m n for 50

Just added 5 to the signup (first post here), also in NJ. Would be happy to have the units sent to a single east coast location and then farmed out appropriately via Philipma.

Can you address how warranty issues would be handled?

hi nimo

i am from toronto and i would like to partake in this group buy

i am interested in 5 units

I added my name to the list interested in 10 units.

I would like to purchase one, USA.

A thief trying to scam be careful

my name is

philipma1957   = real
philippma1957 = fake

please tag the fake
and I am NOT doing escrow


https://i.imgur.com/qM9DCoV.png




So

How many units for east coast?

If I get a direct shipment from  Hong Kong it will be say 20  or more pieces that is way over 2500usd.

Which means 3% Import

And if  I re-ship each piece would be 30-40 with proper insurance.

So 2445 a unit add 75 for import tax  is 2520 and 30 - 40 re ship makes it too costly.

I think I will pass

Is this still a go? I’m interested as well!

A newbie account contacted me about getting 1,000 miners plus from someone BESIDES Bitmain...which I thought MAYBE proved

they were NOT precisely a scam, or at least approaching me from a different direction.....for phishing..

unclear on the flavor of ASIC they were pursuing....sha-256/scrypt-pow or x11 (which I told them to stay away from IMHO)

Anyway, essentially, I know of NONE in the way of ASIC miners, that I could get 1,000 units from with any hope ...Baikal is too high priced

and would blow up on the attempt of 1,000 orders....pandaminer same, pinidea nope....prices would kill even if they could do the volume IMHO

Unless I'm mistaken, assuming legitness of them from brief pm ..they are SOL..there is NO one anymore with the capacity I know of

to get them 1,000 units of anything (which again I think is likely fishing me...but what the heck) ..even if it is by around April 2018.

anyway, what struck me was the number 1,000 and how completely Bitmain owns ASIC mining now .......if they are legit again they are SOL

and I kinda (nicely) informed them of such :( Anyway, an interesting thought on HOW such a thing could even be done, w/o Bitmain units now...

my conclusion was NOPE! :(

Hi my name is Ken,

located  in Toronto,

Sounds like something I could be interested in.

Please email

kenmitchell2015@outlook.com

People, what do you think of this?

For me it's important to have the transport covered as much as possible.

First search result on Google:

https://www.tiptrans.com/package-forwarding (https://www.tiptrans.com/package-forwarding)

This is actually very useful.

First shipping comparison made out DHL as the cheapest solution by far (compared to FedEx and UPS). I think Nimo mentioned UPS in his posts.


@Nimo
I know it's still a bit early, but would your ground personnel in HK (or wherever you will be shipping from in the end) mind to get estimates from the major logistics companies? Including shipping, tracking and insurance.

As each S9 unit weights 5,5 Kg and the PSU is 3 Kg, we can round it up to 9 Kg incl. packaging. So with all the above mentioned companies, it will be handled as a heavy parcel.

An estimate per each 10 Kg would be useful, so everyone can calculate their expences upfront.

I'm not sure if you are serious but there are few more options that you did not mention: Canaan, Ebang and Bitfury.

Bitfury in particular is ideal  for large investors because they gather an industrial mining audience. Their minimum order is 2mil USD and their machines are top quality.

I don't understand what you are saying at all.

I am signing up for 4 units, perhaps 5 including the APW3++.  Thanks for doing this, as I just tried to buy those units direct and the batch sold out in less than 5 minutes.

Put me down for 2 in the southeast US.  Props for doing this!

Hello,

I'm interested, at least a few.

   Just for some clarification, you are not longer doing the eastcoast reshipping?

Signed up for 1 but messaged you to change it to 2. I'm crossing my fingers that this group buy pulls through.

Let's have bitmain send 400 units (+100 to Nimo's place directly) to one DHL warehouse and arrange individual shipments. At $50 per unit, the cost is reasonable and the risk pretty small :-)

@Nimo

It would be most practical to ask Bitmain, if the warranty is transferable. If you issue invoices through your LLC in the US to each and every member that signed up for this group buy, how will we get any warranty from Bitmain, if you are their customer? How will I prove to Bitmain, that I bought the units from you and that they should help me out if there are any issues with the Antminers?

As for the actuall warranty, remember, that they state 180 days (I believe) from the day the package has been transfered to the (*first) shipping company. So the point being, the actuall warranty period will have like 150 days.

Thanks

I just signed up for 4 with shipping to NC, USA.

Escrow payment via BTC or BCH, I assume?

Thank you for this!

Would be great, but highly unlikely. Most likely USD, but still depending on the escrow company according to an email from Nimo. 

Warranty is given directly by bitmain. Not a problem. Each box has the warranty card in it.


The list is currently at 875 units, but I'm assuming many will fall through. I asked my contact in bitmain to bump up the order to 800. You should know though that if everybody who signed up on the google form actually orders, we wont be able to accommodate everyone. We'll simply go with whoever made a larger commitment and signed up early enough.

Currently calling / meeting with multiple escrow services. Unfortunately most Escrow services only do real estate. If anybody wants to send me a lead to an escrow that deals with international trade, your help will be highly appreciated.

Is situation with shipping has been clarified? I would like to have my units shipped from China to Europe. I don't want it to travel around the world for weeks, costing shipping fees.

https://bitcointalk.org/index.php?topic=855778.0

It may be too large of an amount, but there are several highly trusted members on this forum who provide escrow. Typically on a miner or two between forum buyer and seller - so 800 may exceed their comfort range..... but may be worth an ask.

I don't understand this thread. Bitmain doesn't have distributors because it doesn't want them. Yet what you are doing is mounting a distributor (of sorts). Hard to do business with a supplier that doesn't want you to exist.

Moreover, batches of S9s come online frequently, I bought one a few days ago. What's the point of all this?

Regarding shipping
I have a staff member in china currently going over the list and calculating the exact shipping cost.
It seems like it will cheaper to ship directly from HK to most places directly without going through SF.
Who ever selected the option of picking up the units from my office in SF - that's still an option of course.

We will email each person who signed up individually to let you know of the shipping cost we got for your specific order size and location.

New thief  be careful


https://bitcointalk.org/index.php?action=profile;u=1606844


philippma1957


not me

~

please tag him

he sent pm's to at least one newbie thank god the newbie  sent me an email to check  the pm
he tried to scam about .145btc from him
https://i.imgur.com/qM9DCoV.png

I sent you a message about having mine hosted instead of you shipping it to me. Can you please check it? Thanks!

Regarding hosting I'll need to make sure I have space and will let you know.

Awesome. Thanks

I'm sorry but the shipping situation still isn't clear/secure.

Lol Bitmain

Today's flash sale took like 3-4 minutes. What's really mean, is they give like 1 hour notice +8 hours GMT difference  ;D

Edit: Even offered bank wire transfer in USD as a payment method  :o

I'm in for a minimum of 5. Will range from 5-20 depending on when the purchase happens.

Will be sending you a PM of my email and interest.

Update
I have 946 orders on the list. We called the bitmain contact and asked to bump up the order from 500 to 700 (I'm assuming many orders will fall through when we start collecting payments). They told my staff they will update them on Monday.
I was also invited to visit them in Beijing. I will probably fly over there with one of my staff after the Chinese new years.

If you signed up early or asked for a large quantity, we will probably have you covered.
We may not be able to supply to everybody though.

Shipping: Yesterday my logistics team went over the list and calculated the shipping costs and delivery time for every single person who signed up. I'll email you next week individually.
Bitmain will ship the bulk order to the warehouse in hong kong in Kwai Shun Industrial Centre, No. 51-63 Container Port Road, Kwai Chung, N.T

Shipping will take about 4 days to all locations (air shipment).
If you want to pick it up from the hong kong warehouse or arrange your own shipping, just email me about it.

Will keep you posted.
 

   appreciate the transparency.  I am in for 6.

I completely missed that one! :D Doesn't help that Bitmain doesn't have any newsletter or anything. Now I subscribed to their Twitter via SMS notifications :>


Thanks for update!
I'd love to receive my miners to my place, that makes sense now.

can you please update us on escrow and shipping? at this point we will have to be highly trusting in you as they are going to from bitmain to your warehouse and then shipped to all of us or possible even stopping again before coming to us. Did you speak to Philipma1957 about him assisting with east coast orders? I think it would just need to be under a certain value to prevent an additional tax.... please provide some more information on logistics :)

This.

Again, why wouldn't you have the 700 pieces delivered to DHL HK directly?

I guess deal with Bitmain is that they ship to one address. This address has to be OP warehouse address.
Otherwise we would just buy it from Bitmain outselves.

Yes, they require a single payment and a single address to ship to. Shipping to HK is the easiest option. Shipping to my factory address in china would actually be more expensive since we would have to pay VAT.
In the HK warehouse we will split it according to the list and ship right away directly to every person who ordered. We will not be doing multiple bulk shipments to the east coast / west coast and split again there since we found out it will not save any money on shipping and just add more complication.
So If you ordered 2 miners, your miners will arrive with the main bulk order to the HK warehouse and shipped from there directly to you (which will take around 4 days).
Payment for shipping will be directly to the shipping company in HK, but we will be there with them to split the order and make sure everything goes smoothly.
We can write any value you choose on the box to make sure it goes through customs smoothly. You can also buy insurance for your shipment.
Warranty is given by bitmain directly. There is a warranty card in each box (they confirmed this point in writing).

Still looking for an Escrow solution. If anybody wants to send me a lead to a company that can handle it, it would help a lot. Currently all the escrow companies we spoke / met with refused to do it. They usually handle real estate deals.

Several of you already met me in SF and I have a couple meetings tomorrow. Whoever still wants to drop by and look at the papers / list / logistic plan is welcome to ping me this week and come.

We have 962 miners accounted for. I'm waiting to get a confirmation about exactly how many we can get.

Latest update from bitmain

https://ibb.co/gaqPnR

Hopefully Bitmain can fulfill this order. I added my name to the list

Could you please tell the quote in RMB for one miners shipping to your Shen Zhen factory ?

I just signed up for 5 with shipping to Shanghai China.

thanks a lot

Thanks for the update!

Had about an hours notice from the sale which was a bummer, wasn't expecting them to have a batch right after the last weeks. Few friends were able to snatch a few before they sold out.

Put me down for one single unit. I sent you a text message about it as well. Thanks for your help.

Thank you for the updates, Nemo.

...which is completely in line with my proposal of having all units shipped to a DHL HK warehouse or any parcel forwarding company!

I have an update about this topic.

I have an official statement in hand that states, that the Antminers should be designated under the code HS 8471490000.

Which basically means:
=================
Automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
- Other automatic data-processing machines
- - Other, presented in the form of systems

The tax duty in EU is 0%.

Can send the statement to anyone, is in Czech language, though. But I am sure you won't have any issues with the customs department, if you label the miners under the HS code stated above.

Don't forget, you need the certification and import declaration for the PSU as well, incl. their CE & FCC certificates.

@Nimo

Escrow process

There are several aspects of the Escrow process that are unclear to me, Nimo. I know you are currently searching for a suitable escrow provider, so you still have enough time to set everything up correctly.

I came into contact with escrow.com, about a different issue, but they seem to be very flexible and eager to get their hands on an accompanying fee, of course ;)

Please let me know how YOU imagine the escrow process stages will happen.

What I imagine:

1. You send out invoices under your LLC inviting everyone to sign in (to an escrow) as a buyer, with you as the sole seller.
2. The escrow will collect into their account according to your issued invoices, in a set timeframe.

(I got in touch with escrow.com about the issue - how long can an escrow operation stay open. Their answer was for 3 years, afterwards, they will charge some extra fees.)

3. You check if all the amounts were paid in full.

... but then what???

The options on a typical escrow are to hold the funds until the buyers receives the goods. Then there is a set of options that can follow, release the funds to you when:
a) shipping documents (of DHL, or which ever courier) are transfered to the escrow
b) the buyer receives the goods and has a certain amount of time to inturn inform the escrow that everything in order and they then release the funds to you.

I also imagine, that you won't fork out 2500x700 units out of your own pocket just waiting for the the payments to arrive (or not to arrive).

I also guess there will be some duds or bad units inside the batch, that will fail during testing, etc., and you could thereby get stuck dealing with a) some returns and b) declined (unreleased) funds by the escrow.

Am not sure if you thought this whole thing through. Or maybe you have and are simply waiting what the escrow says and how we, as a group will than react to the news.

take care

Jan

Do you mean:

http://ec.europa.eu/taxation_customs/dds2/taric/measures.jsp?Lang=en&Taric=8471490000&EndPub=&Domain=TARIC&MeasText=&Offset=0&Area=&ShowMatchingGoods=&callbackuri=CBU-2&Regulation=&LangDescr=en&MeasType=&textSearch=&StartPub=&SimDate=20180110&measStartDat=&OrderNum=&GoodsText=&search_text=goods&ExpandAll=&measEndDat=
 (http://ec.europa.eu/taxation_customs/dds2/taric/measures.jsp?Lang=en&Taric=8471490000&EndPub=&Domain=TARIC&MeasText=&Offset=0&Area=&ShowMatchingGoods=&callbackuri=CBU-2&Regulation=&LangDescr=en&MeasType=&textSearch=&StartPub=&SimDate=20180110&measStartDat=&OrderNum=&GoodsText=&search_text=goods&ExpandAll=&measEndDat=)

Can't see China though...

@Dragospd

Hello, you can input CN as the origin and also the county where the units will be shipped from.

No difference in the percentage, still 0%

Can you share, who have visited you?
Whoever visited Nimo, can they confirm that they have seen you? Please just reply here that you've seen with OP in person.
Please do it, for sake of all of us, because without trust this group deal may fall through.

+1 it seems we are going to need to trust and not sure how I feel about that. I would come meet you Nimo but I'm in FL

Nemo, Any update on your progress?

  look on page 8.

https://ibb.co/gaqPnR

Can someone confirm this?

Could Nimo do a Web-ex or Skype conference?  Like a business presentation with video and Q&A.  Just thinking out loud...

Yes, we can do that once bitmain confirms the order.
People who met me, if you're around please confirm that I'm a real person (:

Yup can confirm I met Nimo in SF. His deal looks solid and contacts in china are real.



Mike

@Mikeswildcreations.com

Anyone who has been a member on this forum longer than 60 seconds want to confirm?

Also your domain doesn't work

Hope this helps?
https://ibb.co/i9W3Gm

I'm also avilable on skype: n.rotem for video chat this weekend.

People like this make me think this is nothing but a scam.

Guy registers then 6 minutes later he finds this thread and is confirming the OP's identity.

There is also a disproportionate number of newbies and 1 post accounts jumping on board and ordering stupid number of miners probably in a bid to keep bumping this thread to the top and rope in a few muppets to hand over their cash.

This just looks suspicious to me:

https://i.imgur.com/ZFmoOH7.png

Your list is off, 200+ units people can order on their own and you don't consider PM only people here and on Reddit. The guy mentioned the group buy on Reddit so I imagine people are coming from there.
Due to s9 shortage at human prices all around the world people have registered only for this group buy.

My list is not off, I have just summarised what all the newbie members have posted.

I am not claiming every newbie account is dodgy but I am pretty sure many are.  Also a post on Reddit does not make it legit.

Top 4 newbie orders = over $1.8 million  ;D

Not vouching for nemo, because I am taking a chance on this group buy too, but I just registered recently because I recently got into mining. I may be new to this board, but have plenty of feedback elsewhere. (ebay, heatware, etc.)   As for why I would order here instead of Bitmain: I tried to order from them, but they sell out almost instantly and one order that I was ready to pay for expired before my BCH was transferred.

  I had the same thoughts when I saw his post lastnight before hitting the hay.
  Now as for me, im only a newb because of my low post count, i have been a  long time lurker.  Only signed up recently due to the disgusting spike in miners and not wanting to get raped with f*cking ebay prices.   Truth be told be told, If i am able to order my 5-6 directly through bitmain before this groupbuy happens, im jumping on on that.

A lot of people (me included) are looking for another way to get our hands on the S9 because... well, I don't know if you saw what happened a few days ago, it's pretty much impossible to get one off Bitmain as it sells out within seconds. I get the paranoia, but I think people are more desperate and just refuse to buy them for 2x+ the market price from scalpers.

I'm just an average Joe that wants to try my hand at mining.

Same here. I have lurked in the forum for a few months (usually the result of coinwarz pointing to a thread about an alt coin announcement). Have never felt the need to register/post until this thread.

Between the ebay prices and scammers on CraigsList, I've been trying to buy an AntMiner for a month without luck. I suspect other people are in a similar boat.

I get the paranoia too and trying to do what I can to let you know who I am, where I live, where my business is and so on.
If you have other ideas as to what will make people feel more comfortable, let me know.
So far I'm meeting people in my apartment/office in SF, giving you my name, address of my factory in China and you can find lots of information about me including videos and probably articles when searching for my name.

You can also find all my personal information which is registered publicly as a director of Nemo power tools (you can search the HK registery for free).
Short of providing my birth certificate, I'm not sure what else I can do to to convince you I am who I say I am.

In any case, all of this doesn't guarantee anything, but it does mean you can sue my company or me personally in case you pay for the group order and don't get the units or your money back.

We conduct business with hundreds of companies and individuals in Nemopowertools and have dealers in over 30 countries. If you feel unsafe, do some research, look over the dealer list on our site, contact our customers, read reviews, come meet me in SF or call me on Skype.

It's getting a bit frustrating to have to address this issue over and over again. I'm far from anonymous at this point.

Again:
My name: Nimo (Nimrod) Rotem
Director of Nemo Power Tools limited (HK) and nebula innovations llc (USA).
Website: www.nemopowertools.com
Skype: n.rotem
Phone: (415) 347-5970
Address of my office/apartment in SF: 514 Guerrero St
Address of our factory in China: Address:深圳龙华新区三联村墩背工业区2号星宝MotiB 2楼 尼摩电动工具有限公司
              No.2 DunBei Industrial District SanLian, LongHua new district,               Shenzhen,Guangdong,China,Zip code: 518109

Video of me on stage presenting a product of nemopowertools:
https://vimeo.com/82866646

Hope this helps.

I think that was directed at someone else, but just in case...I didn't mean to make you think I was suspicious of you, Nemo. By "same here," I meant that I registered recently, have a low post count, and have been included on the suspicious buyer list. I appreciate the work you're doing to make this happen, I'm not sure what else you could be doing differently either.

Just watched your underwater drill video. I dunno, man, looks fake. Anyone could have CGI'd that in, like, 30 secs, #amirightfellas?

Nemo, I tell ya what, once this deal does or doesn't go through, your 'trust' rating is either going to be untouchable or unsalvageable!

I'm a newbie so not sure if this helps but I met Nimo in person at his San Fran office yesterday. He went through all the order info he had and answered all my questions. I'm hopeful everything works out with Bitmain fulfilling the order.

Nice underwater video Nimo.  Pretty cool.  That is the first thing I noticed around here is that folks are very skeptical (for good reason i suppose).  Will be good to see if you can pull this off. Good luck.

At this point Nimo, you're right. There is nothing further you can do to have them convinced.

Here is what I found:

Since a lot of people on this board like to harp on this fact: Your domain is 4 years old. It has privacy on, so I can't match any contact info there. (not a big deal)
From your website, your office address matches the office address you gave here.
The phone number you gave matches another domain that is 10 years old: gizmomaker.com, of which there is a facebook page with you on it: https://www.facebook.com/GizmoSanFrancisco/ This facebook page matches your address. I can't access the other webpage here at work, so I don't know what is on it.

At this point, I think anyone should just let it be. If you don't trust Nimo, you don't trust him, so just stop pointing scam this and scam that. Its honestly getting old at this point.

As for who am I? Search for my username and you will find it at:
Anadtech = https://forums.anandtech.com/members/runes911.36135/ (https://forums.anandtech.com/members/runes911.36135/)
Reddit = https://www.reddit.com/u/runes911 (https://www.reddit.com/u/runes911)
Heatware = http://www.heatware.com/u/2554 (http://www.heatware.com/u/2554)
Which is linked to my ebay: https://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=runes911 (https://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=runes911)
Webhostingtalk = http://www.webhostingtalk.com/member.php?u=86269 (http://www.webhostingtalk.com/member.php?u=86269)

Again, as I said before, I am only new to this forum.

Its very hard to find trust in Crypto. I for one was caught out with Asiacoin and MintPal back in 2014 and it dissuaded me from trusting the scene completely. Bitcointalk was a very valuable source of help back then and happily this hasn't changed in 3 years. I value the skeptics and the naysayers as their position comes from good and bad experience.

One thing I can say for sure, is that to make profit, you will have take some risk. Mitigating that risk as much is possible is all that can be done. And all I see in this thread is people trying to placate their conscious.

I value the risk that Nemo is taking to bring this mining team together to maximise their investment. Some of us really do deserve a chance.

Maybe I missed it, but is there a cutoff date for to sign up for this? I already signed up. Im just curious because Bitmain is only going to be able to handle so many units for this order plus units they normally sell to other customers. Should this be capped? If were already over 1000 units and Bitmain is still trying to approve 700 units. Is it first come first serve for filling the orders?

Yes, especially since I'm not on the list and I signed up for 5!

I had to reduce the amount that I can commit to since the Escrow details have not been settled yet.  Once Escrow details have been settled, then I may be able to bump my # back up.  I suspect you will have many buyers fall off if the Escrow details are not complete.

List currently is at 1062 and we're still waiting for the approval of 500 or 700 units.
But yeah, a lot of people will probably drop when we get the final confirmation (hopefully next week) send the contract and ask to make the payments within a short period of time.

So list is still open but that doesn't guarantee that we'll have enough miners to cover everyone.

The questions regarding Nemo's legitimacy wont be important if such as escrow was in place.

Nemo you said you tried escrow companies and they wouldn't accept the proposition why can't you use a Bitcointalk respected escrow provider and just pay the 1% fee (charge the group members) on top of your $50 handling charge? They would be able to use the funds to pay Bitmain directly and you as well and everybody is happy.

Also it wouldnt hurt it you make a video in your factory or your office talking about this group buy so people can confirm you are the business owner as seen in your other video's?

I see you on the list for 4.

Ok this is a big undertaking. I hope it goes smoothly for all involved.

Escrow company will secure payment, not the shipping.

Can you fix Anandtech link?

Absolutely. We can collect all the money to escrow agent address, give timeout maybe a day or two. Once all payments are there (I presume not all of them will be sent), we sum up what's there and escrow agent send ONE payment to Bitmain as required. That way, Nemo have no contact with money directly, and we are protected. It's doable I am sure.
EDIT: Why shipping costs would be not protected? Nemo's shipping costs would be released from escrow once machines are ordered directly from Bitmain. So everyone would send Bitmain+shipping to HK payment and another one - shipping from HK to your place, all in one payment to escrow agent address.

I'm not talking about the shipping cost but the actual shipping.

Since everyone think it's smart to have 700 miners sent to an unknown location in HK with Nimo arranging the shipping to us.

You are never going to find an escrow company that will handle everyone's bitcoins transaction, payment to Bitmain and then take delivery of the S9's and ship each one out to the group buy members? That defeats the purpose of Nimo even being involved in it.

I think as long as the money is escrowed once the actual units are delivered to his factory there is less risk of him stealing the hardware particularly if he is running a legitimate business from there - I'm pretty sure he has already disclosed this location earlier so surely there is someone in China who is buying a couple of units that could go check it out. Besides whoever would escrow it would verify the delivery address directly with Bitmain before sending the funds.

Also there is no chance this group buy has 700 miners that will be paid for I would be surprised if this even goes ahead to be honest.

I proposed to have all units delivered to either DHL or a chinese parcel forwarding company. They make a living out of sending parcels, the escrow wouldn't be involved in the reshipping.

So under your proposal who will be taking payment from group buy members and then paying Bitmain?

An escrow takes payment and pays bitmain.
The goods are delivered to a courrier warehouse.
The courrier is paid by us directly or the escrow.

Plain and simple.

Exactly so what part does Nimo play in this arrangement? None so then you are back to square one you may as well start a group buy thread yourself?

Then using an escrow company is futile also. You get the payment done and the goods (which honestly after shipping are higher in value than original price) are delivered to an unknown place. The risk is simply too high. Nimo can arrange escrow AND shipping so we are all covered. We pay 50usd per unit x 500 units=25k USD for Nimo to implement the deal this way. If it is not enough (I think it is), we can decide to pay more.

In case we need more miners than Bitmain has available it's "first come first serve"?

Whoever has a good escrow solution to offer me. Please call ASAP 4153475970

In case it wasn't clear from my previous messages. My factory is in Shenzhen (China). The units will not be sent to China. The units are sent to a wearhouse operated by the shipping company in HK, however my team and/or I will be there to split the batch and send to everyone directly. If you're in HK, you can come pick up your order directly from there (I provided the address of the wearhouse before).
From HK splitting the batch should take 1 day and shipping time is 4~6 days depending on your location.

We don't have enough units for everyone even if 50% of the people who signed up end up not ordering.
We will supply larger orders first and work our way down according to order size.

Escrow or no escrow, the units will have to be shipped to the wearhouse via my company, and you'll have to trust that I won't destroy my reputation, my business and risk law suits and physical harm to me and my family for a few computers.

I take it they wouldn’t commit to more than 500 units.

Is there a handy URL for the list available?  I signed up using Google forms, but I'm not sure how to check the full list.  A.Delaney PM'ed me, but I'm over my "Newbie" (no pay) limit for the day.

The list is not public since it includes personal email / phone / addresses.

Here is a version with these columns removed:
https://docs.google.com/spreadsheets/d/1U1Oo7w4bAYq6ns5Opxjz2NvKMAZVlVGkvA3nJ3YhHHU/edit?usp=sharing

Updated at Jan 12 17:30 PST
People signed up for 1169 miners so far and we're still waiting for a confirmation on whether we can get 500 or 700.

We will start from the larger orders and work our way down the list, so it's likely that if you ordered 1, we won't be able to supply it.
Hoping to hear some good news from bitmain next week.

Nimo, I was wondering if you can use well-known forwarding or drop ship services such as https://www.cnstorm.com/ or https://ex.superbuy.com/? I think some of them have warehouses in HK.

Wow.
What about the first few people that signed up? The ones that will actually USE the miner and not try to rip people off on eBay?
Yes... I signed up for 1 miner and was in the top 20 that first signed up. Please don't forget about the little guys that helped boost the sign up.
Thank you.

Unless you asked for 50, then you can go home.

Not necessarily. We still don't know how many will drop from the list and how many Bitmain will actually give us. I assume that some of the larger orders will not go through since when we get the details and send all the information and payment details, they may not be able to or not want to act fast enough, and we won't wait too long since i don't want to lose the entire deal.

Just emailed and tried to call.

Maybe it’s a bad idea, but I’ll just throw this out there. You could always limit the quantity per person so everyone gets at least gets something. Limit 20 per person or something like that.  This is the cheapest anyone is going to get an S9 without ordering it directly from Bitmain themselves. I’d rather take a reduced quantity than no quantity.

Nemo, why would you not make it first come, first served? If you're over subscribed then I don't see the need to service the 'big' buys first.

I held off on ordering through other mechanisms as a result of this group buy knowing that my order was on the list before reaching the original cutoff. It's disturbing to hear that the priority is shifting based on order size now.

Along with that...did the OP on this thread ever go with escrow...or is it a direct pay to bitmain based on your group size order......

anyway, thanks...don't remember a clarification for this

Nemo what's your timeline for this whole process? It's over a month since your OP and other than collecting the who is interested list it hasnt seem to progressed anywhere?

Because it doesn't make sense for logistics  reasons. Handling big orders means less payments, less shippings and less headaches overall. Not fair to early birds but fair to Nimo. I understand that.

The best solution would be that all the small guys get together and pay an escrow as a man-in-the-middle for this group-buy so Nimo will treat it like one big order and then the escrow will handle the shipping to buyers.

I'm trying to remember the last (no profit to the OP) actual escrow group buy that worked....I think it was 1 year ago (longsnowsm?)

the others either fell thru, or the OP got a windfall in a free unit or two....

afraid, them days are gone

I've asked a few folk making various flavors of Asics....and got no place...such group buys may have gone the way of the dodo :(

What is the minimum Bitmain considers a bulk buy? 500 units? 100? Just wondering if it can be done on a smaller scale so not so overwhelming for the buyer/shipper. Over-demand could be handled by a lottery type draw so as not to give favorable treatment to small or large buyers.

Truth be told, many of these will end up on eBay which is fine - profit is profit. But it would be great if those of us who actually want to put these to work at Dustin's or any other host, could get together. I won't lie - I've been tempted to flip some, but I feel (personally) that the prices are just flat out painful on eBay. Reminds me of when we get a hurricane here and people price gouge on generators, fuel, water, etc.... fine if you're selling, but sucks when you're buying!

For Bitmain, a bulk starts at 200 units, said the OP.

As for the hurricane water, do you prefer some water for $10 or no water but priced 10 times cheaper?

Well I want them for mining. I only just started out with this and have to take money out of my savings to buy them since I don’t have enough BTC to buy even 1 S9. I have no interest in selling them unless BTC fails and I don’t see that happening anytime soon. I’m not paying these inflated prices on eBay. I need to mine ,return the money to my savings and then work only with my earnings from there.

Thanks - missed that.


You'd fit right in  ;D

Nemo,

Count me in as interested.

To answer the latest comments.
1- I originally asked for 500 and than tried to bump it up to 700. Few days ago the contact in Bitmain said they'll let me know exactly how many units they can let me buy "next week" so I'm hoping for some good news in the next couple of days. Will call them again tomorrow.

2- They say the minimum order for dealers is 200. However, a few forum members contacted me and asked for an intro directly in order to buy 200. I forwarded their email and was told they don't need me to send them any more dealers since the march batch is oversubscribed.

3- The reason for going with large orders first is both logistics and trying to assure this buy actually goes through smoothly. My main objective here is not to make a buck. My highest priority is to make this happen in order to develop long term distribution relationship with bitmain and also be able to buy my own 100 units. We're developing under water data centers in NemoPowerTools and we want to be able to buy large quantities of miners in the future.
I don't want to wait around and jeopardize the entire order because a long list of people who ordered 1 or 2 miners don't pay on time and make us wait until all the funds are collected. I'm assuming that working with a smaller number of parties will make reduce this risk.
However, we still don't know how many miners we'll be able to order, how many people who signed up are actually serious and can act quickly once the purchase contract and payment option is sent to them and so on. So just because you signed up for 1, doesn't necessarily mean we won't be able to accommodate you.

4- We spent countless hours this week talking to and meeting with escrow companies and lawyer offices. We still don't have a good solution for that. Again, if anybody knows an escrow company that is willing to collect the payments and send it to bitmain, please introduce me to them. Otherwise the entity that will collect the payments will be Nemo Power Tools Limited (www.NemoPowerTools.com).

Hey how about your company invoices my machine shop for my 5 and I’ll just pay the invoice. That way I can write this off as a tool purchase. Lol

Of-course there will be an invoice (and a purchase contract). That's the plan even if we find an escrow.
The company is legally required to issue invoices.

I don't have any issues with this

So as you are invoicing the group buy members "aka customers" aren't you liable for tax on that?

Yes, but I'm getting an invoice from bitmain for pretty much the same amount, which offsets it. x dollars in, x dollars out profit is 0, hence no tax.

Right, I would need you to invoice my business also so I could write it off as an equipment purchase. Then I would just pay your business no different than I do any of my other suppliers.

Fixed. Same username. https://forums.anandtech.com/members/runes911.36135/

I'm in for 2.

Read the whole thread - your 2 is out.

In for 50 if possible.

Is there any EAT by the way?

I have to respect your enthusiasm as a newbie...but has the OP set up escrow or at least like other group buys

direct payment to Bitmain on your share of the orders...

w/o that I'd not touch this..but have seen NO clarification of how this is gonna play out


also with BTC price pump I expect bitmain to sell stuff anyway..they just sold some stuff on 10 day ship notice

L3+'s sold out now ...told by a buddy

expect a fire sale

when crypto dumps bitmain also dumps

when crypto pumps bitmain holds (thus the supposed previous march for L3+'s as an example)

I'd wait, and see equip wise for the other shoe to drop

myself? I'm panic selling some LTC thru coinbase (assuming I can get in) to take care of last years Tax man $

likely selling at the low (it is a gift) and assuming I can get it thru coinbase (an if?)

so kinda not looking at equip of any flavor at this point :)

Bitmain had a sale today in 2 rounds.  Morning and evening.  Did we get any of those units with this group buy?

just received an email from 'Mitchel' requesting escrow payment referencing 'nemopowertools' S9 group buy.


later in the email it says:

I'm trying to buy Qty 2 of the S9's.  I got the impression that us small quantity buyers were at the bottom of the list (least likely to get product).
I thought NemoPowerTools was going to fill largest orders first - not first come first served?

If NemoPowerTools wants us to deal through 'Mitchel' I presume he'd mention it here?

Yes its a scam. The person is trying to imitate "Mitchell" a trusted escrow on this forum

I didn't get that email and I added myself to the list about a week ago. 

Nemo, can you check to see if I'm on the list? 

The email I specified would be under my '@mywebgeeks.com' domain.  I'm in Florida.

Also, thanks for putting this together.  Very much appreciated.

John Garcia

What was today's price?

Thanks.

NO
Do not pay anything to anyone who contacts you through the forum saying he represents me.
This is a scam and it's the 2nd time someone is trying to do it.
We still don't have a final confirmation from bitmain. We're talking with them everyday and trying to get the written final confirmation.

I will communicate with the people signed up for the group buy via my email address (Nimo@nemopowertools.com) or a phone call or publicly in this thread. I will never use private messages on the board.

I do understand the rationale of prioritizing large orders to reduce the number of unique participants to fill the order...however, this should've been communicated up front. I've been holding off on ordering through other sources thinking I was good to go by getting in relatively early on in the group buy.

Really?  You ever try to herd cats?  

Would you rather work with / collect money from / get product to 20 people?  or 60 ?  

Which is easier ?

Hats off to Nimo for trying to make this work..

If I had the money. I’d offer to do a bulk order from  Nimo of 100 or so of his units to fill the small orders. That would help him and help those of us who can’t afford to order more than a few.

If this is stil available,  i will buy 25

I'm ordering roughly 10 miners with local pickup in Shenzen, I want to make sure I'm the the final list so if someone that ordered 20/30 miners want to merge our orders together PM me.

To be clear your miners will be shipped wherever it's needed while mine remain in Nimo's facility waiting for me to grab them.

As I said in the very first sentence, I UNDERSTAND THE RATIONALE, it just would've been nice to know that was the plan. I was under the impression it was first come, first serve. I absolutely appreciate what Nimo is doing, it's a thankless job with a very skeptical audience. He was grilled hard and didn't flinch.

With all the scammers around this forum, everybody needs to be vigilante, have their guard up. If it smells, it's probably rotten.

These scumbags are crawling around here, trying every trick and playing everybody for their hard-earned money = VULTURES.

Same here. I secured 10 units and 5 L3+ as well.
Nimo, thanks for your time doing this group buy. I really appreciate your effort. I've e-mailed you already, you can delete my name from your list.

I’m jealous of you guys that can just order 10 units from Bitmain. My max capacity for miners is 20. Someday I hope to have 20. It’s gonna take a long time for me to earn that much though. If only Bitmain did credit card orders.

How do you know??  I just read Nemo's newest post and said NOTHING about any quantity of orders being "Out"!  Hell, he hasn't even gotten written confirmation from Bitmain on the orders yet!

@nemopowertools
There are quite a few people in the US, reputable members of this forum that offer escrow services too - https://bitcointalk.org/index.php?topic=2439910.0

I hope I'm wrong, but it seems like this project has flat lined.

With BM releasing another round of S9's prior to the new A3's, you'd think they could have given nemo a solid confirmation by now.

Pretty sure your out. Secondly like the above poster said this has stalled. Many people have been able to buy 1 or 2 units directly from Bitmain when they do their limited releases most days. You are better of having the money ready and just refresh Bitmain website at the right time.

Not used to that...do they accept bank transfers (Bitmain) or is it BCH only?

Nemo can count me out of this group buy.  I was able to score 10 S9s and a couple of A3s directly from BM.

Are there any news?

Seen some info on Bitmain's Twitter feed that they are in Bangkok for their own event, on their website, they are out of the office until the 26th January, so maybe that is why?

Any updates?

Has this group buy officially stalled?

Hi all.
This is the update,
Unfortunately Bitmain is really hard to deal with. They take our calls and sometimes promise things on the phone, but since the first contract I received a couple weeks ago they didn't send me anything new in writing, and I told them I can't move forward with such a large order without a written contract.
We're are still doing our best to make it happen, but I don't have any good news for you all yet.
If you have a way to buy somewhere else sooner, please don't hesitate to do so.
In my last conversation they told us "maybe it's better to have the order in April", which is frustrating.
They mentioned and option of getting T9 miners in February and tried to push the A3 as well, but didn't give me a clear written "yes" for the S9.

I will let you know if anything changes. Please don't pay anyone who claims to be me and says this is happening. I wil only post from this user (watch out for variations in the user name or new users) and I will also send an email from nimo@nemopowertools.com if we move forward.


Regards.

T9+ batch online now on the site 10 working days delivery. While this thread was going on, at least 3 times the S9 was up for sale at the bitmain site. I think this is the third time I post this here: Bitmain doesn't want distributors, this will not work. I'm sure the OP has the best intentions, but as I said before, no experience dealing with Bitmain. I think now he's finding out the kind of company they are, and how crypto hardware sales work.

Thank you VERY much for the time and effort you've put in on this Nemo - it is greatly appreciated. I'm on the list for 5, but was able to pick up 5 S9's for the March batch a little while back. I'll still remain on the list as you may be able to secure better pricing than buying direct retail from Bitmain in small batches.

Still unclear, are we gonna pay Bitmain up front direct..if in in this? Or through you with escrow....what are the 'likely' nuts and bolts on how this is gonna shake out?

Bitmain A3's are now $980 and March 2018 delivery..so not sure about those...going the way of the never to ROI Dash D3 Bitmain miners it seems....

thanks

brad