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1141  Bitcoin / Hardware / Re: Official BITMINE CoinCraft series 28nm ASIC miners thread on: September 15, 2013, 12:25:50 AM
If anyone's interested in buying a fractional ownership of a Bitmine Coincraft 500GH/s unit *at cost* please see my new Group Buy for my 2nd Group Buy (my first was with John K. Escrow) via BTCrow, for those that want optional escrow services and post-sales dispute resolution.

I had no idea I was doing a 2nd GB this morning but it just so happens that there's already 10% of the 40 shares *soft* reserved in just a few hours. 1 share = $125 paid via BTC in the BTC amount at the current exchange rate to equal $125 (if 1 BTC = $125 at time of sale, then 1BTC is the cost of the share). This prevents the GB Coordinator from either profiting or losing from currency volatility because I'm all about trying to share Group Buy shares at or near cost.

https://bitcointalk.org/index.php?topic=274055.0

Actual sales start at 50% filled soft reserves, with any escrow protected funds held by BTCrow until the success or failure of the GB. Since I have a mesh network of vetted miner hosts already in place from my first GB and my GBEC services,  I even have a backup hosting site available in another state nearby, if necessary. I've gone from dubious to convinced Bitmine has a good shot at 28nm 2013 delivery, so color me impressed.  Grin
1142  Bitcoin / Group buys / Re: [OPEN?/ 37/40 shares avail] HASHFAST(B1) + ? + Hosting, BTCrow ESCROW, Est.$5K on: September 14, 2013, 11:57:18 PM
After talking to folks via PM: The likely target is this November 500GH/s Coincraft 28nm unit from Bitmine: https://bitmine.ch/?product=coincraft-rig

unless someone has a better idea/value. After shipping, taxes, + UPS unit/battery it should come out to about $5K (with me having to chip in extra for UPS/battery). These shares are priced *at cost* in other words. IMHO: You can't beat these share prices unless you're willing to pay people to join your Group Buy.  Grin  Grin  Grin

1 more share soft reserved via PM by an anonymous gentleman.

36 shares left!
1143  Bitcoin / Group buys / Re: [OPEN?/ 37/40 avail] HASHFAST(BATCH1) + ???, BTCrow ESCROW, MAHALO! NEW RESERVES on: September 14, 2013, 10:04:12 PM
Nice! Thanks Bob! I offered Bob the opportunity run his own GB from within this thread but he declined. I didn't think I was doing a GB this morning and I'm busy helping people but I still started getting bored hahah. Besides it'd be a shame to not take fuller advantage of the co-op we've all built.

Possible target machines are Cointerra and Bitmine in the $5K range.

Ok, that's a start. I'll put myself down for 2 soft reservations so...

37 shares out of 40 left!

1 share = $125 at this point and are meant to be *soft* reservations. If we get to 20 shares we'll begin actual sales and optional escrow via BTCrow. BTC payment will be valued at whatever BTC value equals $125 at the time of actual sale.

So, for example: BTC Share price would be 1BTC *if* 1 BTC equals $125 at time of sale.
1144  Bitcoin / Group buys / Re: [CLOSED / GROUP BUY] HASHFAST(BATCH1) 1.55 BTC for 10GH, JOHN K. ESCROW, MAHALO! on: September 14, 2013, 08:43:30 PM
Couldn't lock the thread. I believe you have to be a mod to do that.

Besides, I'm enjoying the free flow of info here and want to keep up the openness and transparency we've established for our co-op so far.  Grin

BTW, I worked out a purchase agreement with philipma1957 for a hefty UPS & Battery backup for our Baby Jet. He gave me a really good deal on over $1K ofI expect to pay him next month before he and firsttimeuser meet up so that he can hand it off when they meet.

 As part of the deal I will toss in fans as needed since I have more then 2 dozen spares in just about any possible size. I forgot to mention that i have a lot of fans. since the chip will pull a lot of power i believe it needs a water cooling solution.  that i do not have but  to have extra fans beyond the water cooling should help manage heat.  this will be really true if we get a second chip in the extra hash plan.

 the fan selection is really large and will be for free as a bonus. to the eaton ups with extend battery pack

Thanks Philip! You're already being generous so thank you once again. Thank you for offering to be a local backup as well. Not too many co-ops are lucky to have the level of redundancy in equipment, host sites, and personnel like we do (then again: since I work in IT and Network design...spares and backups rule).

I wish we had a toast or cheers icon here. Who do we beg for something like that?  Grin

BTW, since we've built up such a neat little co-op, did you guys want to expand it by having a 2nd miner hosted in or out of the co-op, such as with bobsag3 or BeepBeep2?
The level of redundancy as far as hosting options, is such that we can easily expand to 2 or more miners.  Let me know if any of you guys are interested in any of the offerings out there. This time, we'd run the escrow through BTCrow and it would be optional instead of mandatory for anyone that reserves shares. One of you co-op members could even take the lead if you wanted & just use this thread.

I'm willing to reserve/buy a few shares to start one off if there's enough interest, and we can run it as the same ultra bare bones rules as the first 1 with the lowest pricing and hosting pricing available if you guys want. Shoot me a PM or please leave a message below if there's anything out there that strikes a chord as far as value/performance/est. delivery.
1145  Bitcoin / Hardware / Re: [POLL] Sept. 2013 ASIC Miner Survey on: September 14, 2013, 08:28:43 PM
Bump.

Who's still buying?
1146  Bitcoin / Hardware / Re: Butterfly Labs announcing new preorder marketplace on: September 14, 2013, 08:22:02 PM

Thanks! Perhaps I'll wait for BFL to "work the bugs out"...in two weeks. If this is true: wow, do they really expect their customers to roll over and pay shipping twice?
1147  Bitcoin / Hardware / Re: Do we want to continue to allow various vendor hate in here? on: September 14, 2013, 06:54:08 PM
This is the sort of post that represents a large portion of everything that is wrong with this forum and to a larger degree western/anglo forums. The usual tit for tat, my ego is greater than your ego, youre stupid and I'm smart. Notice the use of the word "You" in a almost accusatory role, this then creates tension and opens the door for further retorts etc. I'm sick of seeing posts that escalate from nothing to pages upon pages of arguing over the origins of M5 hex screws or some inane banal drivel. Try visiting a Chinese or nearly any other Asian technical forum and translate their conversations and you will be very surprised, its a lot different from Anglo forums where individual ego almost certainly outweigh collective common.

On another note, I dont have a problem with BFL advertising on this forum, the problem I have is that some people are clicking the links and actually ordering. BFL wouldnt be advertising if they didnt already know that they would get orders through that method.
What you just wrote is just a truism in cultural studies: language mirrors the society in which it is used. In egalitarian societes direct communication prevails. In hierarchical societies the polite communication is the norm. You should really broaden your knowledge of non-western/non-anglo forums by looking at what's going on in the Russian/cyrillic forums or maybe some latin-alphabet/Central-Eastern European language forums like Romanian (and their representative for the English-speaking word: MPOE-PR). Or even better: jump into Hebrew/Israeli forums. Only then you can understand that the English way is actually the middle-of-the-road.


Fascinating! Thank you both for your cultural insights and contributions to what's turned into a deep and meaningful discussion.

As an amateur historian that is a product of East and West, and someone that lives at a junction of East and West: Hawaii, AKA Fortress Central Pacific (unofficial PACOM motto: "Ain't gonna be 'nother Pearl Harbor sneak attack on our watch") in a time where it has increasing geopolitical and strategic importance in any potential illogical showdown between China & the US in this century, I welcome insights such as this as I know and welcome the fact that I *don't* know everything and cannot possibly be an expert in *everything*. Human knowledge is just too broad and too deep for any one of us to be an expert in more then a handful of things. If you're semi-enlightened or even semi-aware of others, you value everyone's insights and welcome everyone's meaningful contributions.

I minored in linguistics in college as language & how it's used has always fascinated me; I hate to be simplistic but it truly can be used for Good or Evil (yet another concept that may simply be a human construct). As I don't speak any of those languages I truly appreciate your insight as seen through the rose tinted glasses of the host languages you mention. I speak Spanish (poorly) and also what linguists call HCE or Hawaii Creole English AKA Pidgin English; what would be considered it's own language or sub-language. An example you've probably heard stereotyped in shows like Hawaii 5-0: "Howzit, brah!" I slip into it and out of it easily and simply depending on who I'm talking to in the state of Hawaii. Another fun example: "You goin' stay or you stay goin'?"

HCE or Pidgin English came about because it was the Lingua franca of many different groups of migrants from around the world who came to Hawaii to seek their fortunes and send money home to the motherland. At this point in the 21st century, English is the Lingua fraca of the Western World and will remain so unless the current Chinese PM has his way (which could not be out of the realm of possibility, in a parallel universe; because I love a good alt. history story).

===========

I, for one, appreciate the free speech and wide latitude here. At least around here, no one cares much for the heavy hand of censorship. I feel that the venting and ribbing we see around here serve as a community service by simply *allowing* people to vent and joke about things, because to gripe and make fun of things is about as intrinsic to human nature as breathing. And let's be honest: some people have invested and lost tens of thousands of dollars (or more!). Ergo, they should be pissed off! My grandfather fought Nazis and Italians in WW2 as part of the 442nd Regiment of Japanese-American volunteers so that they *could* have the right to be pissed! Gramps carried around a .30 cal Browning automatic that was ripped out of a damaged airplane in Italy and later brought it with him to Southern France. Here's a little more about Grandpa: http://www.reddit.com/r/IAmA/comments/1ka8kp/iama_99_year_old_woman_who_helped_her_mother_make/cbn16qb

I truly don't think the young 'uns realize just how close run of a thing World War 2 really was; if we don't get really lucky at the Battles of: Britain (thankfully British engineers had the foresight to install Radar combined with the fact that Hitler was a terrible Strategist), Pearl Harbor (no carriers in harbor at attack; fuel bunkers otherwise untouched as well), and Midway (outnumbered but caught Japanese carriers with pants down (ordnance lying all over the deck) with JPN navy at it's peak strength and USN still at its ebb; Honolulu would have followed), the Free World may have had to have made peace with evil German or Japanese dictatorships in control of large swathes of the world and its populace. 50-60 MILLION people had to die around the world to defend freedom and we, their descendents in all countries, pay them a huge disrespect if we forget this. Although people in the Western World may see Chinese and Russians as potential enemies, I recognize and respect the huge losses Russia and China sustained in WW2. There's simply no way World War 2 is won without the manpower and contributions of both countries.

I'm delighted to be in a spacetime with such amazing opportunities - and pitfalls to be sure - that are afforded us for those that have the wherewithal and resources to invest in ventures such as Bitcoin, Bitcoin mining, and related hardware and businesses. I feel very, very fortunate to be along for the ride wherever this BTC protocol is going.

===

BTW, to bring it back On Topic, I'm running an interesting experiment with my small miner's co-op of 15 members where we all vote on major things; so far, so good! They voted to move our Baby Jet from a pro colo site in Missouri to a really, really good amateur colo site of a member in NY! I didn't even have to vote in either major vote we did and I tried to lay out the pros/cons of various hosting options as pragmatically as possible.

There's no way the paragraph above is even possible just five years ago because Bitcoin itself was still in Satoshi's brain whether that was one brain or several people's brains...and irony alert, as a product of an egalitarian society who's interested in linguistics, I'm completely aware of all the use of "I" and "You" throughout this post.  Cheesy Grin

Cheers mates!
1148  Bitcoin / Hardware / Re: VMC Fast Hash Price Drop = 64GH/s for $1K in November on: September 14, 2013, 07:40:44 AM
You trying to promote your escrow service?

Nope. I don't need to mention it in every post to get attention or clients.  Roll Eyes  

How about you? Came by to say hi, even though I stole your thunder? Shtalker. Grin Kiss

Awwww,you made a friend DZ  Cheesy

http://www.youtube.com/watch?v=VOaL_i5bQu0

Aw! I know! I feel like we should all break out in song & dance!

http://youtu.be/k_t7pTfdYts
1149  Bitcoin / Hardware / Re: VMC Fast Hash Price Drop = 64GH/s for $1K in November on: September 14, 2013, 07:30:36 AM
You trying to promote your escrow service?

Nope. I don't need to mention it in every post to get attention or clients.  Roll Eyes  

How about you? Came by to say hi, even though I stole your thunder? Shtalker. Grin Kiss
1150  Bitcoin / Hardware / VMC Fast Hash Price Drop = 64GH/s for $1K in November on: September 14, 2013, 05:18:43 AM
Fast-Hash One Silver Edition Bitcoin Mining Machine. It's rackmountable. VMC announced a price drop. Allegedly shipping in November of this year.

Starts at 64GH/s for $1K up to 384GH/s for $2.5K.

http://virtualminingcorp.com/shop1/index.php?id_product=21&controller=product#/fh_64ghs_module_a-total_64_gh_s_hashing

What's your take? And yes, we know some people hate all pre-orders but that's our reality until someone else has in-stock equipment besides AM.

Edit: The TGB mining dashboard analysis look awful waffle falafel for the 64GH/s unit at that price even at the start of November. Even if you somehow est. just 100W for the rig, it doesn't look good: http://mining.thegenesisblock.com/a/12f33d066a

A December delivery's worse: http://mining.thegenesisblock.com/a/ee4533240c

1151  Bitcoin / Mining / Re: Will those who have Gen 1 Avalon purchase Gen 2 Avalon Chips/Hardware ? on: September 14, 2013, 03:28:00 AM
You mean when you poop all over your customers and put colored sprinkles on it, you don't get new or repeat customers?

Who woulda thunk?  Undecided
1152  Other / CPU/GPU Bitcoin mining hardware / Re: LOL at this. on: September 13, 2013, 10:56:26 PM
Ha! They changed the pic for Dennis Fontler the guy on the top left whose online pic/ID they stole from Austria.

Man these guys are a-holes & I hope they end up in a gulag somewhere.
1153  Bitcoin / Group buys / Re: [CLOSED / GROUP BUY] HASHFAST(BATCH1) 1.55 BTC for 10GH, JOHN K. ESCROW, MAHALO! on: September 13, 2013, 09:20:11 PM
Couldn't lock the thread. I believe you have to be a mod to do that.

Besides, I'm enjoying the free flow of info here and want to keep up the openness and transparency we've established for our co-op so far.  Grin

BTW, I worked out a purchase agreement with philipma1957 for a hefty UPS & Battery backup for our Baby Jet. He gave me a really good deal on over $1K ofI expect to pay him next month before he and firsttimeuser meet up so that he can hand it off when they meet.
1154  Bitcoin / Hardware / Re: Butterfly Labs announcing new preorder marketplace on: September 13, 2013, 09:14:19 PM
Ah! Thanks!

Do you have a link that explains the process so that I can contact the buyer?
1155  Bitcoin / Hardware / Re: Butterfly Labs announcing new preorder marketplace on: September 13, 2013, 09:12:31 PM
Anyone know the latest on this? Haven't heard anything about the rollout that was *supposed* to start on Sept. 10. Went to the site briefly & didn't notice anything new.

Would like to transfer my ebay sold BFL Jally pre-orders to wash my hands of it and be done with it.

2 more weeks^TM?
1156  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] mcxNOW.com : Deposit. Earn Interest. Trade. on: September 13, 2013, 07:28:29 PM


       FTCdriller  doesn't usually like things without ftc in it.  MCXNOW is LEGIT!  i got my first interest payment on my LITECOIN balance today!  


              GOOD BYE BTCE YOU HUNK OF JUNK.

Thought I'd try this out for fun.

No joke: At this particular moment, I'm already seeing a ~50% return in less then a day due to interest & share price growth from my 5BTC deposit (with 13 shares bought). I have no idea how long you can keep that up with those fees as an exchange but that's phenomenal.

Caveat emptor and all that but it's an interesting experiment for me as I've never owned most of the alt. cryptocurrencies there.
BTW, I'm not anyone's sock puppet.  Grin I rarely come to this sub-forum but I'm a regular at the Custom Hardware & Group Buys forums - where I offer Group Buy Escrow Coordination services and vetted Miner Host services at 2.5% for 28nm chips - and yesterday was the first time I had ever heard of mcxNOW.
1157  Bitcoin / Group buys / Re: [CLOSED / GROUP BUY] HASHFAST(BATCH1) 1.55 BTC for 10GH, JOHN K. ESCROW, MAHALO! on: September 13, 2013, 04:31:01 AM
Hey firsttimeuser, I can attempt to sell that for you if you want. Nice to have a 162 100% rating on ebay for these kinds of things.  Grin

Those last 2 points were from Dave & kaz. The bad news is the last BFL 30GH/s pre-order that sold on ebay was a March 6 order for $968.  Undecided
Please let me know if you'd like me to list that for you at a 2.5% commission after ebay fees. I'll do my best to sell it for you if you want & if/when BFL gets that trading forum set up you should be able to transfer ownership pretty easily.
1158  Bitcoin / Group buys / Re: [First Avail. Reserv.] CT/HF Bare Rig Group Buy + Bitmine Chip Buy discussion on: September 12, 2013, 08:18:01 AM
Well, that's just my opinion. We all need to do our Due Diligence and come to our own conclusions.   Wink Grin

FWIW, from discussions with various members there already appears to be a commitment to a good chunk - over a quarter - of a potential $50K chip buy from Bitmine.

Please PM me if you might be interested in this. You wouldn't be held to any commitments, at this point: it's more of a gauge of market demand that could help tip the balance as to whether this particular Bitmine Coincraft 28nm ASIC Chip GB/potential rig assembly project goes forward or not. Of course, if there's enough demand and enough members & cooperatives band together, a larger chip purchase yields a better value for everyone involved.
1159  Bitcoin / Group buys / Re: [NEW OPPORTUNITY - First Avail. Reserv.] Cointerra/Hashfast Bare Rig Group Buy on: September 12, 2013, 07:15:19 AM
This was from a PM I sent after a member asked me my opinion on Bitmine. Since Cointerra & HashFast haven't been forthcoming so far about chip purchases and platform support, just thought I'd share my findings on what's looking to be a viable option for a 2013 ASIC 28nm Chip Buy:

"Bitmine passes the sniff test for sure esp. when you compare them to those new scammers GMHS which appears to have been registered in Russia but is trying to pass itself off as a Hong Kong mfg..

I was dubious about this Swiss team only working on their 28nm chip for 6 months but Giorgio was upfront about it when I questioned him. When I went to their site I was impressed with the openness I saw with LinkedIn links that were real & had actual pro contacts in their industry, as expected. Their reliance on Innosilicon and Global Foundries is a great thing IMO; get help from experts where you need help, do what you can on your own. As long as they get to tapeout without stumbling at the finish line I think they'll be able to meet delivery by year's end...
"
1160  Bitcoin / Group buys / Re: [Group Buy] Cointerra 2TH/s Miner on: September 11, 2013, 04:39:43 AM
Haven't heard back from him a peep since the (alleged) emergency. It's been 8 or 9 days. [If he's real, he's got bigger issues then a GB.]

Let's chalk this one down to a scammer that realized his marks aren't so easy.  Wink

Guess that means my free vetting services are working as intended.  Cheesy  Grin
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