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With BTC around 1000, can you tell us the current price? Is it .2 or .4? .2 seems more reasonable...but 200ish for 40gh might be expensive. I think expected delivery is now mid Feb Or end Feb?
How do I know you're not scamming? Can you provide proof or something?
Apologises for the inconvenience. The TerraMiner IV 3 price per share is 0.2 BTC. For more details please visit: http://ultibit.com/machines/terraminerIV3/index.htmlAnd click on " Why is Ultibit trustworthy?". |
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Is there possibility to buy less than 40Gh/s? For example a half share? 20Ghs
Now you don't have to  Price has been halved so you can keep 40 Gh/s for half the price! |
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Do I understand this right? You're collecting 50 shares at .8 BTC each, which at a BTC price of $400 means $16,000 which is $10,000 over the base cost of a Terraminer IV? You've sold many shares so I suppose a lot of people think this is a good deal?
The price has been updated in accordance with the market fluctuation. Apologies for the inconvenience. |
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Do you have a starting date?
Hi chinchs Yes, when it arrives which will be early January 2014! |
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There are quite a few options lately and each have different pros and cons. We at Ultibit thought it would be a great idea to allow our customers to select for us!
Simply write the pool you're in favour of and we will count your vote according to how many shares you have.
Some pools allow for namecoin mining simultaneously, some pools are seemingly more profitable in bitcoin mining, please do some research before making your selection
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I'm interested in buying some shares but I have a question: Do you plan to adjust any debit/credit on share purchase resulting from the swings in the bitcoin exchange rate in the first dividend payment in the same manner as soniq suggests here: https://bitcointalk.org/index.php?topic=278460.0Hi EiZ, We have already refunded over BTC10 to our customers and reduced the price from BTC1.2 to BTC0.8. No need to wait for first dividend with us |
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TerraMiner IV 3 Group Buy Complete. 50 / 50 Sold - Sales Closed! |
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If you're using escrow or planning on it, it's not a requirement but we do prefer if you can email us with your txID, payout address and signature details for your payout address (and payment address if its different) as well. That way we can back your case better in future if there is a problem as well as manage the billing and customer service better. If you've already sent a payment through John K. and would like quicker response times and better service then please email us the above details to info@ultibit.com |
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I was considering a deal via bitimit, but the price is completely off?
You would have to contact the provider/affiliate of that service to find out more information. Please visit: http://www.ultibit.com/services/bitmit/index.html in order to do so |
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Can i also mine other coins? Or is the miner only mining btc's? Can i check my current balance? Do i have my own panel?
1. Only BTC for now. We are planning to mine other cryptocurrencies in future though. 2. We handle payments monthly so you would check your balance at the end of each month -We do however have a great hosting facility that will allow you to view the miner(s) live over webcam 24/7. |
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-Obviously each miner will pay for itself to run since they use quite a lot of power and also to avoid confusion where miners get auctioned at a later stage so that the fee is final
So the miner is auctioned off once it becomes unprofitable? Are the funds from that auction distributed to the shareholders? That would actually be a neat little incentive to hold out for at the end. Yes, exactly. We actually have a lot of neat incentives for our customers. Recently we bought from Cointerra at a really good rate and refunded all our customers for the TerraMiner IV 1 up to BTC1! |
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Hi question on your website you list Paypal as a payment option. Can we use that?
Yes  |
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Thank you for your answers, good communication.
Pledge: I'd take 3 shares for 0.8BTC each. Hopefully, some more people will choose escrow so that it becomes available.
No problem, we try our best! Pledge added |
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Is the hosting fee paid per share, per month?
No it's not based on a per share basis. bobsag3 does the hosting at the most competitive flat rate out there, which is then deducted from earnings before monthly payouts So what is the $150 host fee? Per machine? Per month? Per week? Per what? Per month So the $150 per month is taken off the TOTAL earnings? Sorry the website is not very clear on this and pardon me for being gun shy, but unless things are spelled out here in bitcoin-land there is too much propensity for dishonesty. Heck even when things are 100% clear there is still BS. No problem. Let's hope we can clear this up once and for all this time 'round! SO -Payments are paid monthly -Prior to paying customers their monthly payments a $150 (the Bitcoin equivalent) hosting fee will be deducted from the pool of mined earnings being distributed -Obviously each miner will pay for itself to run since they use quite a lot of power and also to avoid confusion where miners get auctioned at a later stage so that the fee is final |
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To summarize: 1 Share => 40 GH/s for 0.8 BTC, 3% fee and 3$ for hosting (monthly). Sounds good to me so far - Is cost for power included in this? - If I want to buy shares with escrow, I just state that here is the thread? This will only happen when there are 10 people buying escrowed shares? - What if the TerraMiner is faster or slower than advertised? Do I get a share of the total hash rate of the machine (preferred) or do I always get 40GH/s? - Is cost for power included in this? Yes, it includes the warehouse, the power, the cooling, the security, the insurance, the internet, etc etc - If I want to buy shares with escrow, I just state that here is the thread? This will only happen when there are 10 people buying escrowed shares? Yes - What if the TerraMiner is faster or slower than advertised? Do I get a share of the total hash rate of the machine (preferred) or do I always get 40GH/s? Then Cointerra has some explaining to do! XD No but seriously, if it's faster then everyone will earn more. I don't think there's a chance of it being slower though. |
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40 GH/s in Jan is good for 0.8 BTC  are you going to drop the BTCprice   Done. Current buyers: You will receive refunds of BTC0.4 (Your purchases are still safe and valid). Check your email inbox for further notice. *Receipts are available upon request Wow I like the way you work! Refunds are always a +'s . I HOPE the guy who is doing my GB see your honesty and follow your example:!) im NOT Saying my guy is not Honesty the guy is on top of his game!!! Question? Why are you giving your customers a Refund Just to put it out there? We're trying to make Bitcoin better, not worse So if it's possible to mine more competitively, we'll make it happen for our customers. |
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When will mining start?
Mining will commence on delivery of the machine. Delivery is expected to be in January 2014. Please also see the Miner Protection Program. (from http://ultibit.com/machines/terraminerIV2/index.html)So, if I order now, I'll have a share for a machine that is set for delivery in January? Early January Sorry, let me restate the question: I assume, if I order now, I'll get shares from the second machine which is not ordered, yet. What if the batch for january is sold out by the time you order the miner? That is obviously a big concern for us. We do work really quickly though so if there was a notice from Cointerra - we're quite confident that we could update our GB in time to provide the best BTC per Gh/s and ETA offer available as well as handling refunds and making sure buyers are all happy and know exactly what's going on |
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When will mining start?
Mining will commence on delivery of the machine. Delivery is expected to be in January 2014. Please also see the Miner Protection Program. (from http://ultibit.com/machines/terraminerIV2/index.html)So, if I order now, I'll have a share for a machine that is set for delivery in January? Early January, yes |
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Is the hosting fee paid per share, per month?
No it's not based on a per share basis. bobsag3 does the hosting at the most competitive flat rate out there, which is then deducted from earnings before monthly payouts |
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40 GH/s in Jan is good for 0.8 BTC are you going to drop the BTCprice Done. Current buyers: You will receive refunds of BTC0.4 (Your purchases are still safe and valid). Check your email inbox for further notice. *Receipts are available upon request |
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