Bitcoin Forum

Bitcoin => Group buys => Topic started by: metal_jacke1 on August 28, 2013, 01:45:47 AM



Title: [CLOSED][Group Buy]Cointerra TerraMiner IV ฿3.5=50GH/s by MinerSource
Post by: metal_jacke1 on August 28, 2013, 01:45:47 AM
MinerSource (http://www.minersource.net/) is co-sponsoring a group buy for Cointerra's (http://www.cointerra.com/) TerraMiner IV at ฿4 per 50Gh/s share. (December Delivery)

 (MinerSource is an online mining retailer based out of Kentucky, United States)

 Updates regarding orders, weekly payments, etc will be posted here and on the minersource website.








Title: Re: [OPEN][Group Buy]Cointerra TerraMiner IV ฿4.0=50GH/s by MinerSource
Post by: metal_jacke1 on August 28, 2013, 02:04:09 AM
Cointerra Expects to Deliver 2 PH/s of ASICs in December (http://thegenesisblock.com/cointerra-expects-to-deliver-2-phs-of-asics-in-december/)

A worthy read.


Title: Re: [OPEN][Group Buy]Cointerra TerraMiner IV ฿4.0=50GH/s by MinerSource
Post by: ninjaboon on August 28, 2013, 02:47:01 AM
So you said "December Delivery".
But you have not made an order with Cointerra yet (no evidence that an order has been completed)

Am I right to say that?


Title: Re: [OPEN][Group Buy]Cointerra TerraMiner IV ฿4.0=50GH/s by MinerSource
Post by: metal_jacke1 on August 28, 2013, 03:03:47 AM
Group buy is to ORDER the unit. Cointerra expects a December Delivery date.


Title: Re: [OPEN][Group Buy]Cointerra TerraMiner IV ฿4.0=50GH/s by MinerSource
Post by: bobsag3 on August 28, 2013, 03:24:29 AM
How/where will this be hosted?


Title: Re: [OPEN][Group Buy]Cointerra TerraMiner IV ฿4.0=50GH/s by MinerSource
Post by: Noogsy on August 28, 2013, 08:52:15 AM
Soo, you are gathering 160 BTC (Currently ~20800 USD) to buy a 13999 USD Miner and add a 3% monthly Fee ?
Nice.
NOT.

(Not to pi** you off, but to help all those unwilling/-able to calculate-there seem to be a lot of those on this forum)


Title: Re: [OPEN][Group Buy]Cointerra TerraMiner IV ฿4.0=50GH/s by MinerSource
Post by: metal_jacke1 on August 28, 2013, 02:52:59 PM
As opposed to WaldoHoovers 4.5/share? https://bitcointalk.org/index.php?topic=277836.

Well it really depends on the price of bitcoin when all shares are sold. At this rate it could hit $150 by the end of the week? I dont think its a good idea to ask shareholders for more money just because we failed to speculate the rising cost of bitcoin. But I havent seen any other group buy that is offering cheaper than 4.

But you do have a good point, thanks for pointing that out.