4 more shares reserved by a R2 DZ Co-op member via PM. Mahalo & Welcome back aboard!

Only 16 more shares left!

2 more shares reserved! These 2 reservations are from a DZ co-op member from Rounds 1 & 2. I really must be doing something right.  

Only 20 shares left! That's 80% filled in about 12 hours! Thank you!

And big kudos to new GBC thomas_s. who with his promised 51 shares (2 donated to others) I wouldn't have even fathomed attempting R3 so soon after R2 without him approaching me about a R3 GB. You're going to be pretty stoked when you wake up to read this thread, buddy.  

It's possible that you and your 51 promised shares, our pre-planning for R3, plus my persistent sales pitch to HF that may have ticked off John S. may have possibly triggered or been the figurative "straw" that broke the camel's back to end up with this Flash Sale; the first in HashFast's history and rare in the ASIC pre-order business, on a weekend, no less.

The timing is curious, no?

Ha! I must be speaking to someone else that drank the BTC Kool Aid they were giving out.    

I also agree about this being the only way to keep up w/ net. difficulty if you're not made of money or Bitcoin.

Payment details were updated in post 2 or 3. Thanks! Please only send BTC from addresses that you control. Also, try not to send BTC to anyone when you're tired or sleepy. My 2 satoshis.

==


1 more vote for MPP. 21 votes for MPP, 30 more votes required for majority win.

Excellent! Ok I have you voted as 20 votes for the MPP option with a promise of up to 2-4X our out of box hashrate.

Only 22 shares remaining out of 100!

Thank you and welcome aboard!

I promise you that you won't be disappointed, at least about the performance of this GB Coordinator in matters related to defending your interests and rights.

Here's my evidence as to why thomas_s. & I may have been the straw that broke the camel's back vis-a-vis this weekend flash sale.

A major promotion...on a weekend (note, times are all wacky, I sent the orig. PM Saturday, in the late morning Hawaii time sometime).  

====

Re: Institutional Discount for Third HashFast Miner?
« Sent to: HashFast on: September 21, 2013, 07:25:58 PM »
   Reply with quoteQuote ReplyReply Remove this messageDelete
Quote from: HashFast on September 21, 2013, 05:51:43 PM
I need you to buy new machines - buying machines from existing customers doesn't really help me...
What pricing are you looking for?

John

My response:

Hi John,

Well, we were looking for an Institutional discount on the MPP Sierra. Anyone running numbers at TGB - which has quickly become the standard mining calculator - can easily see that every mfg. option looks like a negative ROI at this point.

Although I didn't buy Order 616, I've raised over $12K in the last month for 2 HashFast units, and have buyers on hand for about 50-66% of a Sierra if you can work with us. I think I was patient with working with you guys & did not disparage the 3 week resolution to our Customer Service issues or "buyer purgatory" of not knowing if our place in the Q was secure, knowing that you guys were having normal start up issues getting off the ground. (To her credit: Cara did not make any excuses during her phone call apology for this slow resolution) Our previous order was 991 FWIW.

If you can guarantee me some Institutional Discount for HashFast miners, in general, to our small co-op of 24 members so far, I can continue to guarantee HashFast at-cost (with min. UPS/Battery backup built into price; we'll have co-op members vote on how much to add to share price for power filtering/voltage regulation/battery backup) on the Group Buys forum that will continue to serve as a ready outlet for smaller miners such as myself who can't afford the newer, industrial class miners that are quickly coming to dominate the industry.

I don't believe that this GB sales outlet will have an effect on your larger industrial miner sales, it will continue to serve as a means for HashFast to reach the smaller miners at much, much lower price points and at fractional risk. Every single person that contacts me to join my at-cost co-operative is joining because they don't want to buy on their own or simply can't afford these new high end miners. The only way smaller miners will join a Group Buy at all is if it's run by someone reputable and vetted by a forum vetting agency *and* if they get a great price.

I also help serve as a market source for manufacturers looking for hard data about core buyers and investors as well as buyers curious as to what their peers are up to:

Aug. ASIC Miners Poll: https://bitcointalk.org/index.php?topic=272565.0
Sept. ASIC Miners Poll: https://bitcointalk.org/index.php?topic=291775.0

It's interesting to note that only 4 people voted for HashFast so far in this Sept. vote but I still sold a miner because it was an at-cost previously ordered miner. It's likely that I'll sell this 3rd HashFast (2nd directly purchased) before the month is out as well if you can give us a price break.

I intend to keep up this monthly miner's poll on the Custom Hardware forum near the start of each month as a type of a timely industry thermometer for those willing to participate in the poll or just follow along.

Thanks for your time and for the consideration of a discount.

Regards,

DZ

===

I didn't get a response back. This may have been his public response back for all I know because I, a registered newsletter recipient who has an email on record from my R1 GB, didn't seem to get this email blast listed in the 1st post, for some reason. I'm only posting this because he never got back to me. Again.

Of course, I may have hurt his feelings about the 4 HF votes in the poll. He's only human.

But then again, it's not my job to not hurt his feelings. My job to get you the very best GB share prices on the best available GB forum deals, with the least amount of fuss.

Update: Here's the calculations without MPP and including the 1RU Control Unit user dropt pointed out: http://mining.thegenesisblock.com/a/82754b484b

$6K Sierra without MPP vs. $10K with MPP.

Opening up poll for MPP vs. non-MPP. Please let your opinions be heard & also vote publicly or privately so we can resolve this quickly.

Pros: non-MPP = lower shares costs by about 40%.

$69 shares vs. $115 shares (with a promise of up to 200-400% more hashrate).

3 GBs in a little over a month worth a total of ~$22K (assuming we choose an MPP Sierra for Round 3), after never having done a single Group Buy in my life + 6 or more GBCs and Miner Hosts vetted for free on behalf of the GB/Custom Hardware forums. Also, there's about $30.5K worth (or less) of BFL pre-orders.

Total GB forum volume in a less than 2 months? $19-22K sold/presold + 30.5K listed on ebay for about $50K worth of product listed or sold.

Yeah, I may be able to help you if you're a new GBC or Miner Host that wants to offer services here.  

I'm sorry if some of the links don't work correctly at the top & in this thread. I'll fix it when I have time. I've been a busy bee as both a GBEC and GBC. Info below from DZ at-cost Miner's Cooperative, Round 3:

Image Credit:  Original Image  
Round 3 Spotify Definitive Chill Out Mix


                                      _.====.._
                                    ,:._             ~-_
                                        `\              ~- _
                                           |   _    __.       `.
                                         ,/   /  \    /           ~ - _
                      ..__..-..__..-''   /__/  /__                `_ ~~--..__...----... DZ's Miner Cooperative, Round 2 ..."The little Co-op that could"...


An At-Cost Democratic Miner Co-operative with the world's lowest fees
for vetted miner hosting/management services: 2.75%

23 members, 1 Scientist, 4 IT Pros, 2 Network Engineers, 2 Electrical Engineers, 1 Finance Employee, so far, with multiple host sites


========================================================================================================================================

This Co-operative is operated by a John K. vetted Network Engineer based in Hawaii, who gets to design prototype IT hardware and lab/field networks in support of cutting edge research projects, and has been in the line of work of T&E and R&D for nearly 10 years, with 50-60 Hawaii/US Aerospace/IT/R&D/Civ. Engineering Endorsements on LinkedIn. The backup remote administrator is jungle_dave who is a former Electrical Engineer and Network Engineer. Mining Equipment will be operated by vetted IT pros or a vetted IT college student, with backup host sites available. Payouts are every 2 weeks minus a 2.75% Hosting/Management fee, the lowest around. Once sales begin, Refunds available up until unit ships at 1.5% restock fee. We vote on all buying, shipping, and resale decisions as well as vote on the month to attempt equipment resales after 5-7 months of operations. All suggestions are welcome to help improve our Co-operative.

    Approx. value of GBEC / GBC ASIC pre-order sales or pre-sales of shares on this forum by DZ in last 5 weeks: $12.2K
    Approx. value of GBEC / GBC ASIC pre-order sales for R3: $6.3K
    Approx. total value of GBEC / GBC ASIC pre-order sales or pre-sales of shares on this forum by DZ in last 6 weeks: $18.5K
    Approx. value of DZ ebay ASIC sales (including 4 HF Baby Jet shares listed on ebay/BTC Talk GB forum & purchased on ebay worth $620) since Aug.1 : $3.3K
    Approx. value of ASIC related hardware or services currently listed items on ebay by DZ: $30.5K, selling as a trusted intermediary

    Several new GBCs and Bitcoin Miner Hosts vetted for free, and several scams pointed out on two BTC related forums.


-Data current as of 9/21/2013, PM

Just reviving this thread, just in case you and your co-operative would like to merge your group buys with someone else or some other co-operative to finish a sale of partially reserved miner(s) for 1 or both parties involved.

One suggestion is...oh, I dunno, my 3rd Group Buy for a 23% discounted HashFast Sierra at cost with or without MPP for ultra lowest costs, that I may or may not have had a role in triggering (in co-ordination with thomas_s. a new GBC) since this is the weekend and all when this 72 hour promo was launched earlier today soon after my letter to HashFast.  

https://bitcointalk.org/index.php?topic=299171.0;all

You're welcome! Sorry, if my Group Buy is too long and complicated to read and understand.

These things really are complicated to think through every angle to make sure everyone's protected on both sides throughout any GB transactions here. I truly am here to try to help grease the wheels for both buyers *and* sellers. I'm naive enough to think I could've helped Yifi before Avalon was completely ruined as far as rep (IMHO): https://bitcointalk.org/index.php?topic=285966.msg3171031#msg3171031

Latest profit projections tailored to fit GB variables as closely as possible (please PM if you see an error). This projection is with MPP:

http://mining.thegenesisblock.com/a/7264304c8e

I would want to sell it at the 5-6 month mark, with these projections, then split the resale proceeds among the co-op based on everyone's proportional share.

Hey, check it out. Blue ROI! Sweet, sweet light blue ROI projections. [Legal blather: I'm not your lawyer or financial adviser]

It's modest but to even see such a thing is a rare sight on TGB nowadays. Besides, we're selling this baby to make extra profit when we're in the black (or light blue, in this case), if voters have their say.

So...shall I put you down for 1 more share? You can always donate blood or some of the underpants navy for cash somewhere right?    

Thanks FCTaiChi! I owe him 0.1 BTC when he finally goes to GH/s instead of MH/s (for everyone's sake): http://decentralizedhashing.com/hashfast-group-buy-3-day-sale-23-sierra/

Latest ROI analysis from FCTaiChi w/ new Flash Sale pricing: now #1 value option on his chart. Hmm, we just happen to have over 60% of one already soft reserved and a lot of the funds in place or almost in place. Just sayin.  

Just in case anyone missed my addition to the 2nd post:

** By agreeing to participate in this Group Buy, you agree to NOT use your money that was primarily meant for: food, clothing, rent/mortgage, short term emergency funds, car payments, insurance, 401(k), IRAs, or children's college funds. These are considered HIGH RISK purchases of hardware, with funds tied up for weeks, and are NOT meant for those trying to "get rich quick." ** We are also not your financial adviser or attorney so use your own careful judgments in all BTC transactions. **

==


Also: 2 more shares reserved!

1 share for a R1 gent back for more, and 1 more share for me.  

42 shares available.

Well, I'm sorry if I made assumptions to anyone new to my co-op or my services.

If you're unfamiliar with GBs, in general: you get 1/100th of whatever hashrate we end up with.

TL;DR: Your 1 share of approximately $115 would be worth 12-15GH/s est. to be delivered on Dec. 1.

Your est. HashRate per share will likely be 15GH/s after overclocking, thanks to heavy duty A/C capacity at bobsag3's place in Missouri. I can't guarantee 15GH/s but that's the incremental goal without risking destroying our rig as we monitor temps and fan speeds closely for Overclocking. Fortunately, HashFasts are *supposed* to be very good at Overclocking w/ excellent cooling; the cooler, the better.

Your 1 share could be worth up to 48GH/s (prior to Overclocking) depending on which level of HF's MPP is triggered. We are *NOT* responsible for paying for a 2nd rig out of the co-GBCs pockets.

** If we need to buy a 2nd rig to get to 3.6TH/s or 4.8TH/s: we ALL pay extra for extra hardware according to our share of the miner *if* it's voted that we assemble the miner somewhere instead of selling the extra 3X or 4X chips (assuming we can mount 2X chips in a Sierra). **


===

Look: this shit's complicated sometimes. I tried to simplify it as much as possible while being a speedy m'fer for y'all (pardon my French). Thanks for pointing out where it gets too complicated. Forest, trees, & all that.

Just know you ain't getting ripped off with your at-cost shares & I'm giving you access to the same type of pricing and values that guys that have tens of thousands of dollars get. These things aren't easy for anyone to organize at short notice so please be my guest if you think you can do a better job to try to organize co-fundraising $12K in less than 3 days, at a lower cost then what I offer in this thread with my co-GBC.

I know I don't have cash/BTC on-hand to buy a $10K miner just for fun when I'm already invested in 5 diff. ASIC miner pre-orders, including this one, 401(k)s, college educations for groms, etc., etc..

**Price breakdown update:

Est. $200 for a 1U Control Unit
20-30min. UPS/Battery Backup purchase at-cost or discount
2.75% management/hosting fees paid every two months, world's lowest fees

Ha, they don't even list the price for a 1U Control Unit.

Anyone know this cost?

This share price will adjust accordingly based on the cost of the 1U Control Unit and if we go for a beefier UPS/Battery Backup solution (by majority vote).

BBL, taking a break. Please be patient. I'll get to PMs in a bit & have a few waiting. I want to address each PM w/ the time and attn. that they deserve. Please feel free to PM thomas_s. as well. We are co-GBCs on this R3 GB with me covering the PM shift for the US while based in Hawaii, and Thomas covering the AM shift from the East Coast.

Thanks!

thomas_s. can chime in & add or correct things as needed but as the IT Technical Lead on R3:

1. We aren't budgeting for a 1U control unit. I think that's a luxury for just 1 Sierra at this point. We're only looking for a barebones purchase at rock bottom prices. We'll cross that bridge if we're somehow lucky enough to get there. The addition will unnecessarily add to the barebones at-cost share price for little benefit, IMO, at least at this point w/ just 1 or 2 HF units being hosted at bobsag3's pro colo location in Missouri. Edit: dropt pointed out the need for a 1U Control Unit for the Sierra. This helps show why more brains are better when attacking a problem.

2. Absolutely NO extra cost of supporting hardware is included in this share price. It's possible there's upgradeability built into the Stock Sierra (Baby Jets are supposed to be able to take a 2nd chip on the mobo). There may be an extra cost associated with having to buy a 2nd rig for 3 or 4 chips. We'll have to share the pain of this extra costs if we want the doubled or quadrupled hashrate. It is, what it is as far as breakdown of share price.

3. Nope. I/we are already intending to pay extra UPS/Battery backup costs over and above this ultra barebones share price offer, that is at cost, if we underestimate UPS/Battery Backup costs WRT share price. We share the benefits. We also share the pain of additional new hardware for new rigs in this co-operative.

We'll be insured for delivery, during operations, and during outbound shipments FWIW. Cheers!

EDIT: Thank you to user dropt who pointed out the requirement for the 1U unit! Share prices *will* be adjusted accordingly, slightly.

Thanks dropt!

We lost a share owner / co-op member. This was an anonymous person that voted for Cointerra. I hope we can work together in the future. Cheers!

Anyway, I bought the share, so I'm down for 3 shares for Round 2, Order 616.  

PM if you want this share, otherwise I'm keeping it for my wife's cousin who's interested in BTC & I may be able to pay him w/ this share in a GB share for work done while he's visiting. Nice to have a Day 1 MPP HashFast pre-paid order on hand. We just got lucky!

We still have 3 shares with payment pending from the anon. owner of 10 promised shares if you're also still interested in backup shares. Please PM me for those shares as well, if you're interested.

For those that haven't heard: There's a Flash Sale on HashFast Batch 2 units, estimated delivery Dec. 1 for Express delivery.

I'm co-hosting a Group Buy on the GB forum for the flash sale if anyone's interested. It's my 3rd GB in about 5 weeks+ for about $18.5K worth of sales or pre-sales on the GB forum. Looks like we have until Monday to get an order in.

Fortunately, we already have almost 60% of the at-cost shares soft reserved that are needed for this GB to succeed. If you want to take advantage of a HashFast GB that buys a MPP Sierra at $10,800 + est. 20-30 minute UPS/Battery Backup for minor outages, voltage sags and spikes. bobsag3 is the primary intended hosting site/Round 3 co-op member who has a 120A generator in a building that's business insured and capable of 400A of power. Hosting is a world lowest hosting fee of 2.75% Hosting/Management fees with backup host sites available.

HashFast will ship 2-4X our HashRate if we don't meet ROI + you've got the ultra lowest hosting costs available at a double vetted and insured miner host who operates as a business + we intend to sell this unit at around the 5-7 month mark when 90% of est. annual ROI is retained at only about the half year mark to recoup investment costs.

Please PM me if you have questions. Remember these are *at-cost* shares: as if you were buying them yourself. Thanks!

https://bitcointalk.org/index.php?topic=299171.0

This cooperative is run as a representative democracy with openness and transparency in all major decisions and payouts.

EDIT: Thank you to user dropt who pointed out the requirement for the 1U unit! Share prices *will* be adjusted accordingly, slightly.

Thanks dropt!

You're the primary host site for the host site at the moment...but this is a representative democracy and if the co-op votes for someone else, say firsttimeuser who does have 24/7 A/C, Security, and recording in addition to $20/month all inclusive electricity, lives a block or two away, can leave anytime, and is home most of the time, then I would have to cede to the will of the majority in this co-operative since we're a representative democracy (except one that actually gets things done).

I was trying to help him get a refund or sell one or more of his BFL pre-orders so he may have space for one or more rigs now.

However, since you're set up as a business entity, my vote goes to you, what little they may be, and only available at the end of voting decisions: for bobsag3 as the primary site for hosting and as someone who's business insured and AFAIK is the only person on the forum that has been double vetted.

Others can come forward to offer a secondary host site in case of emergencies but I already have a backup host site in mind I will contact if there's more reservations that come forward. You'll have to be vetted by me to serve as a host or backup host for any miner that's purchased by our miner's co-operative or for any clients that come forward for potential hosting with vetted miner hosts in my small but growing index of miner hosts.

Nice! Thanks gents! I humbly thank you for your statements of support.

...And welcome to your co-Group Buy thomas_s. for a discounted MPP HashFast Sierra!

thomas_s. can tell you that we might've been the straw that broke the camel's back as far as this price break out of the blue (+ VMC Board difficulties) & rising net. difficulty. I was pleading my case with John S. at HF that this co-op deserved Institutional Discounts for our 3rd at-cost HashFast Group Buy.

I wish you all the best & you know that I'm here to help. Please feel free to take the lead on this R3 thread with my support as co-GBC and for any dispute resolution.

Taking a break but I'll BBL. Cheers!

Please keep those reservations coming! We only have 3 days to take advantage of this flash sale.