Bitcoin Forum

Hi Guys & Girls!

Paypal Group Buy is here for the end of the year sale!

If there is more than 20 units purchase request, we will open this up.

Price: $473

Batch 4: January 12-13th Shipping

Batch 3: January 12-13th Shipping Version
SOLD OUT


Refund/Cancel Request: Full Refund & Cancel Request is honored up until January 7th.

Warranty is valid for 90-days.

Shipping Origin: Factory in China

To Participate, please PM your Paypal Email address and you will receive a Paypal Invoice for Antminer S5


Rule:

1. USA Shipping Address Only (No PO Box, APO/FPO)
2. Your Paypal Account Has to be Verified and Shipping Address Verified by Paypal
3. Valid Telephone Number registered with Paypal is required.
4. Government Issued ID required
5. Each Paypal Group Buy Request will be evaluated for Acceptance
6. Each Transaction Limit is $1,000 USD. (Based on your previous business with Bitmain, the limit may be lifted up to $10,000 per transaction but Bitmian Reserves the right to decline)
7. Signature Required upon receipt of the package
8. Telephone Call is required to verify, you received the package and item is operational. (844-BIT-MAIN)
9. Bitmaintech.com Registered & Verified Account is required



Based on how this goes, may open up to other countries!!

Happy Holiday

Not to be a bother... but can't you order from BITMAIN for a lot less, especially batch 3?

The keyword here is "PayPal". The difference is about $30-40 I think, i.e. about 10%. Perhaps it's worth it for someone who doesn't have an easy way to acquire BTC and/or wants to use a credit card. It's $486 on Amazon and apparently selling well: #1 Best Seller in Computer Servers.

Edit: On Bitmain's site it's $456 shipped to USA for a single unit, so $24 or ~5% difference.

Thanks for clarification.

Yet, too bad there is no such group buy for European customers :(

I would do one if paypal lifted my limitations. My PayPal is still limited since my u1 PayPal group buy EU.

OP make sure your PayPal account is business and filled in all tax details. Or else they will limit your transaction amount per year to around $500 or something.

It is Paypal Approved!!   :D

And question to 5% or so more expensive...  Yes, there is a cost to run it on Paypal as Paypal requires signature confirmation on the product.  That is another $7 and credit card percentage.

If the USA Paypal Group Buy is a success, then EU portion may start ;)

To Participate, please PM your Paypal Email address and you will receive a Paypal Invoice for Antminer S5

I would also bring up as a long time buyer-seller on paypal. (2003)   Many people get discounts from paypal.

I get a standing 2% minimum discount that does not affect the seller's bottom line.

So that 480 paypal price  now = 480 - 9.60  or 471.40.  Once I get my s-5 today I may do a paypal buy for 1 more. So if btc changes and shoots up I

paid in cash.

I also belong to square trade and as amazing as it sounds I most likely could get a 2 or 3 year warranty on this item for 30 or 40 usd more.

Not sure I want to do that but it is a possible option.

Seems like I can go to Bitmain and get them quite a bit cheaper that this group buy.

I'm likely confused... but $408 is less than $480 last I checked.

That is because this is a PAYPAL GROUP BUY. PAYPAL charges people % and it's dangerous to trade with PayPal as you can charge back. That's why the price per unit is higher.

Also its the shipping  that its added 408$ is probably without shipping

899 for 2 on bitmaintech.com shipped to the usa.
455 for 1 on bitmaintech.com shipped to  the usa

vs

480 for 1 with paypal.


so an extra 25 dollars

I can get a 2 % discount

or I can take 6 months no interest to pay it.

Can anyone recommend a PSU for one s5?

yeah links for you corsair rm850


http://www.amazon.com/Corsair-Series-80PLUS-Gold-Certified-Supply/dp/B00EB7UIXM/ref=sr_1_1?ie=UTF8&qid=1420122994&sr=8-1&keywords=corsair++850


antec

http://www.amazon.com/Antec-Current-ATX12V-850-HCG-M/dp/B00BT6O2TY/ref=sr_1_sc_1?ie=UTF8&qid=1420123089&sr=8-1-spell&keywords=anterc++850


evga 1300 g2 - will do 2 and the seller on amazon is very good price. 


http://www.amazon.com/gp/offer-listing/B00COIZTZM/ref=sr_1_1_olp?s=pc&ie=UTF8&qid=1420123232&sr=1-1&keywords=evga+1300+g2&condition=new

With BTC dropping down to ~$300 USD, this seems like a good time to buy via fiat. Looking to pick up at least another... PM'd !

Correction: Now well below $300 (i.e. closer to $265).

why would it be better to buy in fiat and effectively pay premium when you can instant buy BTC on coinbase?

Buying BTC on Coinbase as well :) Also, the Paypal includes shipping, so I think it's effectively a wash.

I don't understand peoples logic either.

I would rather buy with a miner with fiat due to the BTC/USD price being so low, and I'm additionally purchasing coin via Coinbase while everything is so low.

*shrugs*

Seemed to make more sense buying with fiat than with BTC that I have previously mined.

Awe. What about the poor Canadians?

Is this GB still active ? Is pricing going to be adjusted relative to Batch 4 ?

Still have an order via this GB trying to get resolved.

Thanks Bitmain !