Had a derp moment there. Sorry, here's a link to our FAQ I just updated today: http://www.dzminercoop.com/?page_id=83

Cheers Floatyfish!

Yeah, sorry, my bad. Was excited too and got descriptions wrong.  

Fixed my OP.

Thanks! Would love to.

I hope to have an overall listing sometime this week introducing Cypher Trust LLC: the brainchild of the DZ MC, Miner Hosting LLC, and Balanced Energy LLC. I do have caucasus-type laser engraved rare metal Bitcoins that will also be available shortly on our site.

That's my next immediate project/product listing this evening or tomorrow. Cheers!

As a Network Engineer and having built the biggest Miners Co-op on this forum with able partners (400+ members/customers, 32 GPUs operational, and about 56TH/s of hashrate ordered, as of today), here's some more free GB planning advice below.

Don't forget to include the costs of:

- UPS and Battery Backup for short outages
- Gas Generators (Optional) if you're ambitious enough to try to protect against longer outages
- Network costs (including dual network connections preferably 4G LTE as a backup, if possible)
- Electricity costs - a not unimpressive amount, depending on what you're running and where
- Cooling costs - Fans and optional Air Conditioning aren't free. A/C can sometimes let you overclock, but also drives up energy costs.
- Mining Pool costs and Management costs

All these costs add up and are not always properly accounted for by those trying to get into the Group Buys biz.

I also want to add: don't hesitate to *build* an able team. No woman or man is an island, and it's a *lot* of work to both sell, run, maintain, and troubleshoot ASIC miners, in volume.

As of today:

- we're at 400+ co-op members and customers.
- we passed 55.8+ TH/s of ordered Nominal Hashrate!
- AFAIK: We appear to be the largest public Bitcoin Miners Cooperative in the world.

Thanks everyone!

Ha! Shock and awwwww...

http://userserve-ak.last.fm/serve/_/38260275/The+Endless+Bummer+Tour+l_3c83fd60c75a41379224a0fad921.jpg

I think their odds are better than 0.1%, IMHO. But then again: I've been following them much closer than the average miner and our co-op is the exclusive GB sales outlet for x-3 Prosperos having previously helped them do a 3.3TH/s Bullet Run of Prospero prototypes based on Bitfury chips (instead of Minions) in Rounds 9-12.

(x-posted from the CH forum) Updates straight from bobsag3 in Hong Kong visiting Black Arrow:

Can you say miner pr0n?    

These are Bitfury ASICs:

https://i.imgur.com/PZsSdoo.jpg
https://i.imgur.com/X69NCBP.jpg
https://i.imgur.com/fw5qBvl.jpg
https://i.imgur.com/pSkWGPL.jpg
https://i.imgur.com/dO4kzm8.jpg

FPGA simulating the Minion ASIC hashing away: https://i.imgur.com/2pq0Fz7.jpg

Full album here: http://goo.gl/s9U6IX

Updates straight from bobsag3 in Hong Kong visiting Black Arrow:

Can you say miner pr0n?  

These are Prosperos - except prototypes running with Bitfury instead of Minion chips: Bitfury boards:

https://i.imgur.com/PZsSdoo.jpg
https://i.imgur.com/X69NCBP.jpg
https://i.imgur.com/fw5qBvl.jpg
https://i.imgur.com/pSkWGPL.jpg
https://i.imgur.com/dO4kzm8.jpg

FPGA simulating the Minion ASIC hashing away: https://i.imgur.com/2pq0Fz7.jpg

Full album here: http://goo.gl/s9U6IX

Those are for different customers, being hosted in-house. 

Can you say miner pr0n?  

https://i.imgur.com/PZsSdoo.jpg
https://i.imgur.com/X69NCBP.jpg
https://i.imgur.com/fw5qBvl.jpg
https://i.imgur.com/pSkWGPL.jpg
https://i.imgur.com/dO4kzm8.jpg

FPGA simulating the Minion ASIC hashing away: https://i.imgur.com/2pq0Fz7.jpg

Here's the latest pics!

Thanks bobsag3!

http://goo.gl/s9U6IX

Yes, this is still open. There are currently no limits on the stock for R17x.

R17x has been so successful, that our ordered hashrate has gone from 19.8 TH/s to 55.8 TH/s of nominal hashrate once this order and a couple of other mfg. orders were paid.

Thank you everyone! We've been so successful with our partnership with Miner Hosting LLC - and Balanced Energy LLC out of Texas - that we all founded a Co-operative Company recently with the DZ MC leaders to explore new opportunities!

This includes being able to:

- open a 2nd larger miner host facility in January (where these x-3 Prosperos will be located)
- sell and host LTC/ALT-coin rigs
- perform arbitrage ( https://twitter.com/Arbit_Rage )
- offer Bitcoin ATM services
- offer Oil for Bitcoin
- and - with the help of some of the best talent available on these forums - develop other neat cryptoventures!

Update: bobsag's latest pics, enroute to BA:

http://s286.photobucket.com/user/SurfSkateKauai/slideshow/Cypher%20Trust%20LLC%20visit%20to%20Black%20Arrow

Are you sitting on a bunch of BTC and you need to diversify? Invest it with our partners and we'll get you into oil and gas directly from Bitcoin! This is a world first!

Looking to diversify from virtual currencies to tangible items?

Bitcoin has helped bring together world experts in various fields. When you combine the Group Buy Forum's largest Miner Cooperative - DyslexicZombei's Miners Cooperative - with bobsag3's Miner Hosting LLC and Balanced Energy, LLC one of the most innovative small oil companies in Texas, you come up with opportunities for new cryptocurrency ventures, and great deals like this one!

We are trying to connect the world of Bitcoin to natural resource development projects. Be part of investing with the first company to take cryptocurrency for working interest, you can now invest Bitcoin directly into an oil well of your very own in Texas!

On a first come first serve basis, 3 units worth 1/32nd (3.125%) each of the Lake Coleman Prospect are available. You will own a portion of the production of any oil or gas found on these wells. There is always a risk for a dry hole.

We get a finder’s fee for hooking you up with the deal. So we get commission and you get your share of the production.


=====


If you are an Accredited Investor interested in participating and the following statements apply to you please contact us:

A. Participant has experience and knowledge of finance, securities and
investments generally so that Participant is familiar with and understands the
terms, risks and merits of participation in this Prospect;

B. Participant is an oil and gas exploration company engaged in exploration for oil
and/or gas, or, alternatively, Participant represents that he, she, or it is
knowledgeable and understands the risks associated with oil and gas exploration;

C. Participant has entered into this Agreement without solicitation and
acknowledges having received, reviewed and understood all of the information
with respect to the interests offered herein that has been requested by Participant
or offered by Balanced Energy;

D. Participant acknowledges a net worth in excess of ten times the amount of its
investment herein and represents it has the financial capability to withstand the
entire loss of Participant’s investment.

E. Participant has the legal capacity and authority to enter into this Agreement and
that upon execution hereof, this Agreement will be binding on Participant in
accordance with the terms hereof.

F. Participant has conducted such independent investigations as either Participant
or Participant’s representatives deem necessary in order to evaluate the merits of
an acquisition of an interest herein.

==

Lake Coleman, Texas Prospect packet (14.2 MB): https://www.dropbox.com/s/xaochvx4zjbn62p/Lake%20Coleman%20Prospect%20Packet.htm

Lake Coleman Participation Agreement: https://www.dropbox.com/s/efipirtehdgng75/PA%20%281st%20in%20order%29%20Lake%20Coleman%20Participation%20Agreement.htm

http://balancedenergy.co/
http://dzminercoop.com/

Please send a PM to thomas_s. or myself for follow up questions.

bobsag3 landed in Hong Kong last night.

He's meeting the owner of Black Arrow in about an hour, from the last update I received. We should have some new pics from the Black Arrow facility coming in shortly.

P.S. If you sent me a PM, sorry for the delay, my days are currently filled with biz planning, development, growing our team in our new pro arms of our crypto ventures, and meetings upon meetings. Catching up on forum PMs this weekend.

Hi mikenz,

Thanks and welcome aboard! I'll extend this welcome to the other new co-op members who have joined recently.

I'm not sure what you mean by "nr".

You should only send BTC for a payment from a wallet that you control. The reason is: if you don't send us your separate payout wallet address as a note in your order, we can only assume that you intend to have your miner payouts be sent to your original sending wallet address (a natural assumption, with no additional information included).

If you send it from a transmitter that mixes wallet addresses, for example, that sending address could be a temp. address that you wouldn't control!

If you're just catching up with this thread, and you didn't hear:

- bobsag3 is personally visiting Black Arrow to inspect their facilities in Hong Kong shortly, to meet their owners and staff, and to catch up on the latest with BA's Minion ASICs.

Just another DZ MC Exclusive: sending one of the GB Coordinators to the other side of the planet, to personally check up on our pre-order hardware in development.    

This GB and the others have been so successful that we're opening a newer, larger miner hosting facility because we're close to maxing out our 1st Facility.   {First world problemos}

Mahalo to everyone that has helped contribute to the success of the DZ MC. These include:

-people making suggestions and asking questions that help clarify things
- experts that have volunteered their time because they appreciate the spirit of our democratic at cost or below cost fractional ownership model
- Forum members ordering miners with us in multiple rounds. The demand was such that we had to build a website on the fly.

Our ultra low cost GB shares have shaken up the GB forum, and helped prove that our model of operations and division of labor, can work well to help provide the world some of the best values around while giving them hands off access to world class experts in various fields.

So, from the entire DZ MC team: thank you once again for joining the co-operative, and for being patient with us thru our growing pains. We definitely wouldn't have started a pro arm of our crypto activities if it wasn't for the success that we found here.

Hi,

I may have a solution. I'm one of the premier win/win deal makers on the entire forum. 

They don't do Group Buys, but since we've proven that we're not GB Coordinators that will run off with the collected funds (see Rounds 13 & 14) and that we can insulate Black Arrow from having to deal with customers (a big resource drain for a lean mfg.), we have an exclusive agreement with their US reseller, bobsag3, to perform Exclusive GBs for their Prospero x-3 rigs.

Pricing for these late February Bitcoin miners with Black Arrow as a GB in R17x is very competitive, IMO. Just click the link in my sig if you're interested in finding out more.

Cheers,
DZ
 

I'm sorry to hear about your car accident and permanent injury. Please send me a PM if/when I can be of assistance with this.

Regards,
DZ

Nice work James. I'm glad to see the progress that you've made compared to Version 1.0.

Just continue to keep it nice and simple, and you should do well.

Also: just a suggestion, but don't forget to include the link to my orig. vetting statement in your OP, or a quote of it.

Cheers!