Bitcoin Forum

Bitcoin => Group buys => Topic started by: Moogle on August 31, 2013, 05:56:51 PM



Title: [GROUP BUY] CoinTerra. 0.6BTC 10 GH 200 shares.
Post by: Moogle on August 31, 2013, 05:56:51 PM
So unfortunately the babyjet group buy didnt go too well and all shares were refunded.

So what is this?

This is a group buy for a 2TH cointerra mining rig split into 200 shares which should be around 10ghash each. At the current price for bitcoin it allows each share to be priced at BTC0.6 each. Considerably cheaper than the previous price of baby jets although delivery on these aren't expected until December.

I have split this into small shares so that little people with few bitcoins can get involved as not everyone will have a few hundred dollars to buy 100ghash etc. This lets the little guys in who would normally spend their money on a couple block erupter's and get a TINY fraction of the hashing power!


Why Should I trust you?

I have done a few trades on here before in terms of loans and purchases. I have 11 years of positive feedback on ebay and run a few various sites and am an active member on coinchat running a Bot there too.
I am willing to use escrow if necessary at a slightly increased priced if there is a fee. although John K is away for the next few days whilst moving so for now I can just accept a pledge or we can go ahead without escrow in which case payment can be made to my inputs.io account at: 17LGR7ioLGYTde21dNoNPdR2RTfNEgBrjp Or by fee free by username: "Boxxie"

Hosting/Fees/Payments

The miner will be hosted in my office in the UK and will be mining as close to 24/7 as possible (I cant be held responsible for powercuts/blackouts etc but I don't want to promise 100% uptime when its kinda impossible to guarantee it) although these types of things are rather unlikely. I've yet to see one in the 7 years I've had this office.

Fee's will be 3% and payments will be made at the end of each month to the address stated. The miner will be running until it is no longer profitable to do so.

Any other questions please feel free to ask either here, pm or over at coinchat (https://www.coinchat.org/r:Box&j:botgames) where my username is "Box"

 


Title: Re: [GROUP BUY] CoinTerra. 0.6BTC 10 GH 200 shares.
Post by: Moogle on September 01, 2013, 08:46:01 PM
Daily bump ;-)


Title: Re: [GROUP BUY] CoinTerra. 0.6BTC 10 GH 200 shares.
Post by: Sinewayv on September 12, 2013, 12:35:24 AM
hi Moogle,

I am interested in buying some shares for this group buy, any idea why there is not much response to your topic?

Would be nice to have a link to your ebay, if active, just to see.  

Also, will you offer a refund for share payments should the target not be met.

Are you a miner at the moment, or were?

Ive been thinking of setting up a similar group buy as this.

Will try and message you on cointalk, my user is Sinewayv.


Title: Re: [GROUP BUY] CoinTerra. 0.6BTC 10 GH 200 shares.
Post by: SpacemanGalaxy on September 12, 2013, 03:39:33 AM
Have you seen a lot of interest... approx when do you think you'll be able to buy a unit?


Title: Re: [GROUP BUY] CoinTerra. 0.6BTC 10 GH 200 shares.
Post by: millsdmb on September 12, 2013, 03:58:54 AM
3% fee seems reasonable, but are you solo mining?


Title: Re: [GROUP BUY] CoinTerra. 0.6BTC 10 GH 200 shares.
Post by: kmtan on September 14, 2013, 02:11:20 AM
need to think...the diff rise too fast..


Title: Re: [GROUP BUY] CoinTerra. 0.6BTC 10 GH 200 shares.
Post by: jamesc760 on September 14, 2013, 06:55:05 PM
payout to be ONCE A MONTH? You will be lucky to mine with this thing for 6 months before it's obsolete. Additionally, I DON'T want my btc/money sitting in ONE place for a month, due to scammers, hackers, etc... I'd rather you paid out at least once 2 weeks, preferably once a week. BUT NOT ONCE A MONTH.


Title: Re: [GROUP BUY] CoinTerra. 0.6BTC 10 GH 200 shares.
Post by: Sinewayv on September 18, 2013, 12:10:24 PM
 ??? no replies from the moogle...

gonna write up a group buy this afternoon, aiming to make it a decent project and listen to feedback to make it work.