Bitcoin Forum

Are the miner already ordered

TerraMiner IV 1 is in the process of being ordered. We're just waiting for John K. to respond to our PM. TerraMiner IV 1 is ordered!

TerraMiner IV 2 hasn't sold enough yet

consider switching any buying this https://bitcointalk.org/index.php?topic=303217.0

Think it's best if we get it straight from the Manufacturer so that we have more security behind our purchase.

well the only reason i said this, is because the guy is a trusted member of the forum and it comes in december.

I sen't some BTC and an e-mail earlier today, I might just be the first on this one! :)

Interesting, What is the delivery date?

January 2014. Please see: http://ultibit.com/machines/terraminerIV2/index.html for additional information

I'll pledge for 2. Im actually in for more I just didn't want to take up a bunch of  pledge slots. So after the first 10 are met I'm sure I'll take 2 more. I wish I had gotten in on the first one.

Sorry guys it's moving kind of slow here and I have other commitments now. I do stand by the statement that I wish I gotten in on the first one

Whew, we sorted everything out on Skype (with the cointerra site acting up on me) . Thanks for being understanding and sorry again for the delay! Thank god we got into the Jan Batch.

Good news!

If you've already bought from Ultibit's TerraMiner IV 1 order then you'll be glad to know that the order's been placed!

If you've wanted to buy from Ultibit but haven't trusted us in the past, now you know that you can!

This TerraMiner IV 2 offer is still accepting purchases!

Celks (https://bitcointalk.org/index.php?action=profile;u=154038) just pledged 1

Thanks :) Will let me post here now!

Chris

Aaah...at last. Good to hear we're still in for Jan!
I'll stop spamming you then ;)

Sent Coins and TX ID!

Can't wait. Thanks

40 GH/s in Jan is good for 0.8BTC  :(

are you going to drop the BTCprice ???  ;D

Done.

Current buyers: You will receive refunds of BTC0.4 (Your purchases are still safe and valid). Check your email inbox for further notice. *Receipts are available upon request

Is the hosting fee paid per share, per month?

No it's not based on a per share basis. bobsag3 does the hosting at the most competitive flat rate out there, which is then deducted from earnings before monthly payouts

(from http://ultibit.com/machines/terraminerIV2/index.html)

So, if I order now, I'll have a share for a machine that is set for delivery in January?

Early January, yes

Sorry, let me restate the question:

I assume, if I order now, I'll get shares from the second machine which is not ordered, yet. What if the batch for january is sold out by the time you order the miner?

That is obviously a big concern for us.

We do work really quickly though so if there was a notice from Cointerra - we're quite confident that we could update our GB in time to provide the best BTC per Gh/s and ETA offer available as well as handling refunds and making sure buyers are all happy and know exactly what's going on

Wow I like the way you work! :) Refunds are always a +'s . I HOPE  the guy who is doing my GB see your honesty and follow your example:!) im NOT Saying my guy is not Honesty :) the guy is on top of his game!!!

Question? Why are you giving your customers a Refund ??? Just to put it out there?

So what is the $150 host fee? Per machine? Per month? Per week? Per what?

Per month

To summarize:

1 Share => 40 GH/s for 0.8BTC, 3% fee and 3$ for hosting (monthly). Sounds good to me so far :)

- Is cost for power included in this?
- If I want to buy shares with escrow, I just state that here is the thread? This will only happen when there are 10 people buying escrowed shares?
- What if the TerraMiner is faster or slower than advertised? Do I get a share of the total hash rate of the machine (preferred) or do I always get 40GH/s?

We're trying to make Bitcoin better, not worse :)

So if it's possible to mine more competitively, we'll make it happen for our customers.

- Is cost for power included in this?
Yes, it includes the warehouse, the power, the cooling, the security, the insurance, the internet, etc etc

- If I want to buy shares with escrow, I just state that here is the thread? This will only happen when there are 10 people buying escrowed shares?
Yes

- What if the TerraMiner is faster or slower than advertised? Do I get a share of the total hash rate of the machine (preferred) or do I always get 40GH/s?
Then Cointerra has some explaining to do! XD No but seriously, if it's faster then everyone will earn more. I don't think there's a chance of it being slower though.

So the $150 per month is taken off the TOTAL earnings? Sorry the website is not very clear on this and pardon me for being gun shy, but unless things are spelled out here in bitcoin-land there is too much propensity for dishonesty. Heck even when things are 100% clear there is still BS.

No problem. Let's hope we can clear this up once and for all this time 'round!

SO

-Payments are paid monthly

-Prior to paying customers their monthly payments a $150 (the Bitcoin equivalent) hosting fee will be deducted from the pool of mined earnings being distributed

-Obviously each miner will pay for itself to run since they use quite a lot of power and also to avoid confusion where miners get auctioned at a later stage so that the fee is final

Thank you for your answers, good communication.

Pledge: I'd take 3 shares for 0.8BTC each. Hopefully, some more people will choose escrow so that it becomes available.

No problem, we try our best! :)

Pledge added

Hello ! I'm in for 10 shares ....

tx Id:
bde037e650b1cee1740dd40789ba02951d1754400406319f68efc7a36bd1757b

from my payout address:
19Rj1tBPetMdf2YKmGQUcwG7irMdKU2mom

please confirm to me ...
bye

Hi question on your website you list Paypal as a payment option.  Can we use that?

So the miner is auctioned off once it becomes unprofitable?  Are the funds from that auction distributed to the shareholders? That would actually be a neat little incentive to hold out for at the end.

Yes :D

Yes, exactly.

We actually have a lot of neat incentives for our customers. Recently we bought from Cointerra at a really good rate and refunded all our customers for the TerraMiner IV 1 up to BTC1!

Can i also mine other coins? Or is the miner only mining btc's? Can i check my current balance? Do i have my own panel?

1. Only BTC for now. We are planning to mine other cryptocurrencies in future though.
2. We handle payments monthly so you would check your balance at the end of each month

-We do however have a great hosting facility that will allow you to view the miner(s) live over webcam 24/7.

I was considering a deal via bitimit, but the price is completely off?


http://s12.postimg.org/khf9l5jp9/bitmit_terraminer_double_price.png

You would have to contact the provider/affiliate of that service to find out more information.

Please visit: http://www.ultibit.com/services/bitmit/index.html in order to do so

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

Hmm, i am interested, but i predict that the btc will be around 400USD in 2014. What happens if that will be true? Do we get some btc back then? And with 40Ghash/s and the difficulty in January i also predict you only mine around 0.4btc per month minus hosting and power. So i don't know :(

 :) great !

Any ideas when this is coming?

Hi there!

We apologize for the late reply. The machine is expected to be delivered this month (January 2014).

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

" All customers who ordered the first batch of TerraMiner IV units, scheduled to ship in December / January, will now receive a second rig, free of charge "

Hi Ultibit,
has Cointerra confirmed this?