Bitcoin Forum

Bitcoin => Group buys => Topic started by: DailyDogeCoin.com on June 21, 2014, 08:52:55 PM



Title: [OPEN] Escrowed Bitmain Antminer S3 Group Buy | Hosting and Bulk Discount |
Post by: DailyDogeCoin.com on June 21, 2014, 08:52:55 PM
I am hosting a group buy for Bitmain Antminer S3. This group buy will be for 2 things: building a bitcoin farm (hosting for you) and get bulk discount if you want your miner shipped to you. If you cannot afford a whole Antminer S3 you can buy in fraction or shares (.25BTC min.)

Escrow Confirmed!

https://bitcointalk.org/index.php?topic=640333.msg7412755#msg7412755

I will be charging a 4% fee (what is mined) to cover my costs for hosting. Shipping will be paid at your expense, either create a shipping label from my address to yours or I can create one and you can send me BTC to cover for that fee, with FREE LABOR :) I am trying to build a reputation for myself and build a customer base and hopefully to become a distributor / reseller for ASIC Miners in the US.

How much will the Antminer S3 Cost?

Nothing has been officially announced but from speculations it will be around $650-700 USD or around 1-1.25BTC

Do I have to pay anything right now?

No I am making this thread so you can reserve a spot for this group buy!

If you're interested please reply to the thread to reserve a spot with how many units or shares you are interested in.

Code:
Shipped or Hosted:
Number of Units:



AntMiner S3 Specs

Effective Hash Rate: 504 GH/s±5%
Power Consumption: 390 W on wall
Power Supply: 4 +12V DC input, PCI-e connectors
Power Efficiency: 0.77 J/GH on wall
Size:  331 mm x 137 mm x 160 mm (Dual blades assembled inside a box, including the fans)
Fans: Two 14038 fans mounted on both front and back ends.)
Operating Temperature: 0 °C to 35 °C
Complied with: FCC / CE
Network Connection: Ethernet


Title: Re: [OPEN] Escrowed Bitmain Antminer S3 Group Buy | Hosting and Bulk Discount |
Post by: bgibso01 on June 22, 2014, 01:12:30 AM
I don't want to sound like a wet blanket, but I just ran some numbers and it looks like your electricity costs are going to be higher than 4% of what the miner makes. $.08/kwh is $.75 per day. (I think that's pretty cheap) 

.75/$590(btc)=.00127.  Estimated daily earnings to start: .0187.  .00127/.0187= 6.8%.

If you can pull this off, put me down for several or talk to me privately about renting some hardware from you.

If there's a flaw in the math, let me know that too. :)


Title: Re: [OPEN] Escrowed Bitmain Antminer S3 Group Buy | Hosting and Bulk Discount |
Post by: DailyDogeCoin.com on June 22, 2014, 01:41:08 AM
I don't want to sound like a wet blanket, but I just ran some numbers and it looks like your electricity costs are going to be higher than 4% of what the miner makes. $.08/kwh is $.75 per day. (I think that's pretty cheap) 

.75/$590(btc)=.00127.  Estimated daily earnings to start: .0187.  .00127/.0187= 6.8%.

If you can pull this off, put me down for several or talk to me privately about renting some hardware from you.

If there's a flaw in the math, let me know that too. :)

I know this but I am only doing it to build reputation and connections :)


Title: Re: [OPEN] Escrowed Bitmain Antminer S3 Group Buy | Hosting and Bulk Discount |
Post by: sebdude420 on June 23, 2014, 07:48:54 AM
Good luck.

What size mine are you aiming for?


Title: Re: [OPEN] Escrowed Bitmain Antminer S3 Group Buy | Hosting and Bulk Discount |
Post by: zulover on June 23, 2014, 03:41:09 PM
50 units depnding on price shipped. U.k.


Title: Re: [OPEN] Escrowed Bitmain Antminer S3 Group Buy | Hosting and Bulk Discount |
Post by: yorich on July 11, 2014, 08:43:19 PM
I'd be interested in a group buy, depending on what the price is.


Title: Re: [OPEN] Escrowed Bitmain Antminer S3 Group Buy | Hosting and Bulk Discount |
Post by: cannachris on August 18, 2014, 11:57:37 AM
Me too. Shipped to the Netherlands...