Bitcoin Forum

Is that 10 shares pledge from the previous GB? If so, please change it to 1 please. If not, I'll get 1...

Thanks

Yes ElitePork, I transferred the pledges over.
It's now updated it to use the new shares.

Pledging 1 Share

Confirmed

are there any delivery estimates ?
if it's before december i pledge 4 shares , if not i'll pledge 1

It's hard to make promises on these things, it could be in December but then again, we can't guarantee it.

The GS1 chips and products are expected to ship in December 2013.

Cointerra:

So Ultibit will obviously use that to go toward Squad 2's investors'.

What if I just put you down for 2?

so i'm in for two shares :)

Yup! 32 Gh/s it is!

2 shares for me

confirmed.

Pledging 5 shares

updated

I am in for 2.

confirmed

I will be posting a massive amount of info and pictures on the temporary hosting facility (incase any of my customers current miners to switch locations), and laying out detailed info for the permanent location for all the miners.

Hi, i am in for 2.

nice one Fraggi, you just made escrow possible!

ESCROW NOW LIVE - PLEASE SEND PLEDGES AND PAYMENTS TO JOHN K! HE WILL BE ABLE TO REPLY TO THEM THIS WEEK (MOST LIKELY BEFORE SEPT 8 2013)

Xlt!  Let's go:

My 1 share that I've promised (direct without escrow):
https://blockchain.info/tx/7c2e12bd0ae5c80ea3acc897f1f7d462b86dabe5049ed1b32d78634ce4cc18f0

Will PM you details.

thanks Dawie

Want to get a few shares as I dig more into these new products.

Hey likeBTC

Sure, what did you have in mind exactly?

You can see a list of our machines on our website if you like: http://ultibit.com/index.html

I've contacted John K , for two days now , but haven't heard from him , is it normal ?

Hi manawenuz, Yes it's normal because he's not back yet. He said that he'd be away for a while, he's expected to be back before the 8th.

Sending out contract in a moment, sorry for the delays.

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

The escrow address for Ultibit's Cointerra group buy is:

1GvpjQjWgYNPpf1WRiDPzui3EkehmJuLZ

Please state and agree to the conditions (if item is received damaged, item lost with tracking, customs fee etc) beforehand.

If possible, GPG sign your agreement to prevent any discrepancies later on and please ship with tracking to prevent problems during delivery.
GPG signing is not a requirement, and any verbal exchange in the form of private messages or posts on bitcointalk.org, or email is effective as a statement of condition.

Do note that I am only responsible for the funds up to the point it is sent to Cointerra.
Any losses incurred by Cointerra's or marto74's failure to ship/reship will not be borne by me, but I will release the following data to aid in litigation actions.

In addition to that, I confirm the receipt of:

1. Photo of ultibit's passport (with passport number blanked out)

The fine print:
This Contract is solely generated for the purpose of facilitating the transaction between the seller and the buyer, which refers to the pseudonyms used on bitcointalk.org.
The escrow holder, John, assumes and gives no liability or guarantees on the satisfaction of all parties involved, although he agrees to mediate and facilitate the deal to the fullest extent he is capable of.  On the event that any problems arises, he will release the escrow to whichever party that presents him with the most convincing proof and/or after an open discussion with others or theymos. 
The verbal acceptance by both parties (or the failure to reject) and the sending of Bitcoins to the escrow address above constitutes the acceptance of the terms and conditions stated, and the activation of this Contract.

Please understand that I am assuming the risk of holding the escrowed Bitcoins, and I am using my own time to facilitate this transaction.   
I am imposing a fixed and nonrefundable fee of 2% for this transaction, to be deducted when the funds are moved.

Thank you.

John (the escrow holder)
9 September 2013
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.11 (MingW32)

iQIcBAEBAgAGBQJSLpCxAAoJEINT5jezqu6wzFsP/iwKhPL7JqNO42dEoQoOgNYu
V6emCUn+tKlz3I4+0/TYZoz9B+dTuWVjcSZozSpxPW5mEM2SOEpzJ72XVUtnM2rY
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KAH0UFuuG6+NhTlmVpkwP40Qxi6xEBcsc2befa4jT93IH23ysFF0OJpvqE3GGwfZ
beBkRqtXpS0cnVdHDSNQ4Vov5LCvXVLcmRUa0CePjv0wxsTOi2fZy84q8f1J4mb3
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kxFXAvRkbARtJkQRrid53A9ujyxYyTo/pZ4oVIiYOvY3zSir0pd9c5ExaU87ebLy
2CDlglYEyffAT1hV5/tfrj2/Xqz0yBOc89M4tknINyLcka/ePnh4Xh2lj396RLVP
BGLCy3ceR5i1DJA5barg
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it's my first time using and escrow , should i send 2.04BTC to the mentioned address ? or just 2.00 ?

only 2.00. The share price has John's fee built in.

Escrow sent

How will you pay? And please, put a direct link to the FAQ. I cannot find it on your webpage. How long will you pay for? A month? Year? Forever?

He will be paying me directly I believe.
http://ultibit.com/machines/terraminerIV1/index.html
Last time we chatted, we were talking about a minimum of 6 months depending on long term profitability.

That seems reasonable. I will think about it. I may (don't count on it) be down for one share.  I will PM ultibit if I decide to. Ultibit, please verify that this info is correct.

HeroC yes we've done some projections with bobsag3 and got to a 6 month (very conservative) to 1 year profitability. We, nor any provider are able to guarantee 100% that that will be the case though as difficulty increases are close to impossible to predict with 100% accuracy. What we DO know, however, is that buying as a group is the most competitive option to bitcoin mining, so we'll leave the rest for you to decide :D

Thanks John K.

Once correspondence is complete, could you please notify everyone on the totals here.

2 BTC sent
txtid : 2704b61473f7c5cdf1f47e0849efbfd9ffffd4e9b780cae93994fbdc02ceaf32

Escrow sent (tx:4c6bf0ffc067bb866cb56533e95cd1e792a00f0966facb995b85775f19c8376c)

My Escrow:

5267ddd32ed76de51df95e61d6c4fe694601c23461db74cf11cb67476e23825d

Pricing updates have been made.

In order to keep your shares active you must upgrade to the new shares by paying an additional BTC0.2 per share. This will upgrade your performance from 16 Gh/s to 40 Gh/s per share.

Should you require a refund instead, please sign your address and email us the signature details.

My Escrow of 2 BTC:

5267ddd32ed76de51df95e61d6c4fe694601c23461db74cf11cb67476e23825d

The Additional 0.2 BTC:

d6d391095894b63e7542e59c03d9d98ebee9ca9c9839458aec8550d656281a9f


All sent to John K.


Thank you,

Additional 0.2 BTC

99711b98d3f5d7b1692d6ff924cc29aacf10619764187fd66bfe8b495832db6e

additional for 2 shares (escrow)
BTC 0.4 - 5c0b661948a4b1e38388f6faf777854e501fff2a83e88ff0cba950fc9298fb2e

I'll take 1 share please, Escrow of 1.2 BTC send to John K.:

tx: 3b864a6ac49cf71317440f591044b0f23633278eadc51c82b5faf763cf4a999e

Please confirm, thx

Hi

Please check here for John K confirmation:

http://blockchain.info/address/1GvpjQjWgYNPpf1WRiDPzui3EkehmJuLZ (http://blockchain.info/address/1GvpjQjWgYNPpf1WRiDPzui3EkehmJuLZ)

Regards
Ultibit

To sign up instantly without escrow:
Send ß1.2 to this address 1gnQUDpMkTJPsPauVe4kzJDSaSPTvmfSV
Email us (info [at] ultibit [dot] com) with the transaction ID (TxID) along with your payout address. ONLY use sending addresses that you fully control
You are officially entitled to share count purchased x 40 Gh/s.

BTC1.2 x 3 shares
Transaction ID: 78476e241a8859829b41e105e20c221dc58519f2446204d8ed5df4dc46520518

please confirm.

thanks ultibit..

Hi Bakal

Excellent. We have recorded your purchase!

I see several people have pledged to buy shares. Does that mean that they haven't paid anything towards their shares? If so when do you plan on collecting the payments? Do you plan to order the miner once funds have been collected or have you already ordered it? Did I read the first post correctly you have 10 shares paid for and another 25 pledged? I  apologize for bombarding you with questions...
Thx,
GrapeApe

Edit: I was reading this earlier on my phone and yes I know I had this all confused (I'm a jackass). I have answered most of my own questions by reading the thread and going to your website. This seems like a pretty good deal, I'll be honest I am stretched a little thin because of some other group buys but I am going to see what I can put together and try and get at least 2 shares. By the way I am in Austin Tx where Cointerra is based and what this means I don't know but I felt the need to share. I'll be in touch...

We're now close to 30/50 shares sold. If you're interested please purchase asap while there's still availability and also to help speed up the buying process.

i want another share , and i'll pay the 0.4 difference , within 48 hours ,
thank you.

Payment and email with the details sent for two shares. Thanks!

1.6 BTC sent ,
0.4 BTC for the difference between the new and old pricing ,
1.2 for a new share , 3 shares total .

txtid:0e5f51ca06aea7583d6318c743b852bdae5d6392f152c7a51abc504aa0c3a82c

Paid for 3 shares, info incoming to email.

Earned some more coins so I'm buying another share here.
tx: http://blockchain.info/tx/a6378342b4fc2864cb835078464f688b5016140d7df01dd2d475ad53cc17c5cc

Details in PM

Hi im pretty new to this group buy shares.. everyone talks about buying shares but how much do i get in return if i buy like 10 shares? I can't just blindly buy them

You would receive the amount of BTC equal to 10 shares of the machines hashing power, which in this case would be 400ghash.

going to check the QA 1stly..

In for 1, tx ee0237b64ef8a2855878d093a2d4eaa656a862fa7729ea48c5f9b9882b910ce4

sent you email with details, thx

How will you do payouts now that BTCT is closing?

We're currently busy making arrangements. Updates to follow soon.

any more shares ???

Yeah, we still got some :)

I posted here and emailed you yesterday, can you confirm receipt of my shares?

edit: my fault, sent to wrong email address, all good now

Please see PM

I sent you an email with my 2 shares details and payout address

If you're using escrow or planning on it, it's not a requirement but we do prefer if you can email us with your txID, payout address and signature details for your payout address (and payment address if its different) as well. That way we can back your case better in future if there is a problem as well as manage the billing and customer service better.

If you've already sent a payment through John K. and would like quicker response times and better service then please email us the above details to info@ultibit.com

Hi Ulti,

any news if our miner will be shipped? i read some updates that they will give extra hashing power? we also included in that? please let us know if you are alive as well.

thanks very much. God bless

+1
some news would be nice!

Hi Ulti!

any updates and /or just a simple "hello" is a very good thing to do. some people are traumatized by the avalon's prev. silence.

thanks ulti.

Hi there!

We apologize for the delay with the replies. The TerraMiners are expected to arrive by the 15th of January 2014. We haven't received any emails informing us of extra mining power but we have contacted Cointerra to double check.

Thank you for the update!

We have been informed by Cointerra that we do not qualify for the extra hashing power due to the fact that we have ordered the machines for Early January Batch. The extra power is being given to those who had ordered for late December batch and, because of some issues Cointerra had, didn't receive the machines by the due date.

Hi everyone!

For up to date updates on the status of the Machines and any relevant news, make sure to follow our facebook  (https://www.facebook.com/TheUltibit)and twitter  (https://twitter.com/TheUltibit) pages which are regularly updated

Hi Ulti,

got any news if we are one lucky group to receive miners next week?

I know, please correct me if i'm wrong, it's sad that we lose 20% hashing power, at least we'll be getting the miner right? rather than hash late-and-never-get-a-refund-miner experience. I'm okay with this. Hope we hear more good news.

Thank you. God bless.

 

http://cointerra.com/update-engineering-production-status/


uhhhhh....what??

Why do I feel like I'm in an election year every time I read something from one of these pre-order monsters????

hi! any updates if this is hashing already?
thank you.

Hi Ulti,

On facebook  I read:

That is great news!
Can you tell which pool you're mining? And can you let us know the receiving address?
Would be nice if we can track all BTC for this miner as well.

Thx Istie