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4861  Economy / Securities / Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast) on: December 18, 2013, 08:17:07 PM
That's what I was getting at.. I thought you need to install the chips on boards before placing them in racks..

Ok, this should clarify:

Will also how long will it take you to get the full hashrate up and running once you recieve chips?

We'll be receiving fully-built Sierra units, not chips. We'll start hashing as soon as soon as they're plugged in. The full deployment will probably not take more than 48 hours, assuming we don't run into any problems.

EDIT: Apologies for the late posting on this, wanted to get a couple of feedback loops on it first.

Share destruction: hosting option summary

The Batch 1 Sierra units will undergo final assembly in Canada. We will pick up the machines directly from the manufacturer and begin deployment within 24 hours of the pickup. Machines will be deployed on a prorated order. For example if 20% of the hardware is converted in this way, every 5th machine we receive will be deployed to the investor hardware pool on a first-come first-served basis.

The hosting solution includes the following:

  • Shipping & delivery
  • Setup
  • Maintenance
  • Electricity cost
  • Cooling
  • No customs risk
  • 24/7 Support
  • All supporting equipment (racks, shelves, cabling, PDUs, controller servers, etc.)
  • Replacement and reinstallation of any faulty hardware within 24* business hours.
  • Hosting term: 1 year.

All inclusive cost: 252 USD per Sierra unit per month, based on 1000W continuous power consumption.

Options offered to the investor:

  • The all-inclusive cost will be covered directly from mining output of your hardware. No further investment will be required. This cost coverage will be locked in with the first couple of days of mining.
  • Full-service management of software and we give you access to our monitoring software so you know what your machines are doing at all times.
  • Full access to all our research on overclocking, underclocking, cooling enhancements, infrastructure improvements and any other improvements.
  • Option to implement above hardware/infrastructure research results on an ad-hoc basis. Note that any implemented customization that will void the warrantee of the machines will be at the behest (and therefore risk) of the hardware owner. The customization work will be done by DigiMex, but any extra costs incurred (e.g. higher power consumption by overclocking) will necessarily have to be covered by the investor’s mining output.
  • Reinvestment: We would like to stay true to the original contract and negotiate a reinvestment clause at the start of the contract to have us both benefit from the cost-efficiency of bulk purchases. We understand that we cannot force it as you’ll retain ownership of the hardware, so this agreement will be negotiated on a case-by-case basis.

*waiting on confirmation from Hashfast regarding the exact RMA agreement.

Please note we did state that 15 October would be a deadline for a decision. This really only applies for the non-hosted option of taking delivery yourself. If you host it with us, the re-routing of the hardware is obviously unnecessary.
4862  Economy / Securities / Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast) on: December 18, 2013, 06:45:03 PM
how do you "set chips into the racks" exactly?

Do you need someone to google that for you?

I get this..


now what?

Here:





4863  Economy / Securities / Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast) on: December 18, 2013, 05:49:33 PM
how do you "set chips into the racks" exactly?

Do you need someone to google that for you?
4864  Other / Off-topic / Re: Bitcoin was used to purchased bionic heart. on: December 18, 2013, 01:58:27 PM


The guy says: "Bitcoin, totally untraceable".


And this is the hardware wallet:

4865  Economy / Securities / Re: [BitFunder] IceDrill.ASIC IPO (500 Thash Mining Operation powered by HashFast) on: December 18, 2013, 01:51:22 PM
... John S. (VP Sales) just told me Baby Jets should start shipping out on Saturday!
As far as I remember IceDrill ordered Sierras. When those will be shiping?

How come your first batch doesn't go to your biggest customer as of yet: DeadTerra with his IceDrill mining company? I'd expect that a 500TH Sales order would be moved to the top of the line?

He said first batch of baby jets, not first batch of chips. If you think they'll only make 550 chips in the first run... well let's just say that probably won't happen.
Yeah I read that.. but DeadTerra is saying the operation is starting in November.. That means he won't receive his miners untill then. Which I find weird considering that 500TH == 1250 BabyJets.. Since DeadTerra says he had contact with Hashfast for a while I would expect his order to be delivered first. Not a full month later.. Especially if with currect difficulties a full month means almost 60% drop of returns..
'
IceDrill.ASIC gets chips from the first batch, the same one that will be used to produce babyjets.
We will not be receiving babyjets, we will have the chips set into racks to fit into our datacenter.
The reason why we state Novemeber is because we are unsure on how long time it will take for the chips to reach us and how long it will take for us to assemble them. Hence we prefer a conservative date.
//DeaDTerra

Yeah, we don't care about BabyJets, anyway with all this delay we are screwed...
4866  Bitcoin / Development & Technical Discussion / Re: My Wallet got hacked and the hacker paid huge transaction fees to take the money on: December 15, 2013, 04:26:46 PM
The transaction fee was 0.0008, balamce on that address is 3.8088038 BTC.

Where do you store your wallet?

Was that on a mining pool account?
4867  Economy / Securities / Re: Should we just delete the Active Mining Thread? on: December 14, 2013, 04:14:13 AM
Why do you think we have such choice?

Whats the context of this statement, was it a response to faizaa123 or to my original poll post? Thanks for clarifying.

Sorry, to OP.
4868  Economy / Securities / Re: Should we just delete the Active Mining Thread? on: December 14, 2013, 03:44:29 AM
Why do you think we have such choice?
4869  Economy / Securities / Re: [HAVELOCK] CasinoBitco.in CBTC Official Thread- NOVEMBER dividend posted! on: December 14, 2013, 03:42:56 AM
150000/150000   ฿0.00010000   ฿15.0000


Who do this??

That wall will disappear as soon as shares regain price.
4870  Other / Politics & Society / Re: “We cannot trust” Intel and Via’s chip-based crypto, FreeBSD developers say on: December 14, 2013, 02:54:26 AM
Fuck yeah FOSS!!!11
4871  Other / Off-topic / Re: The First Feature Film To Accept Bitcoins from backers and consumers (UPDATES!) on: December 14, 2013, 01:59:58 AM
http://www.piratemyfilm.com/
4872  Other / Off-topic / Re: NSFW 18+! Mistress Magpie's filthy, kinky 12 Days of Christmas Poem! :) :) on: December 14, 2013, 01:31:48 AM
I’d date you so hard, then marry the shit out of you!
4873  Other / Off-topic / Re: Law of attraction, DMT, Shamanism etc. on: December 13, 2013, 02:19:04 PM
Law of attraction is new age bullshit, if you are trying to say that DMT gives someone "spiritual" powers that's bullshit, Shamanism is doing drugs but with a lot of supernatural nonsense in the mix.
4874  Other / Off-topic / Re: I think I have a solution to the inequality on: December 13, 2013, 01:02:51 AM
Just replace corporations with church in OP, same shit.
4875  Economy / Securities / Re: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings on: December 12, 2013, 11:29:19 PM
Did I just get scammed for my neobee shares from tat.investments@gmail.com?

You didn't:

For anyone that is still on Bitfunder.com that wishes to use their free migration to go to HavelockInvestments.com (NOT the direct management system), please use these instructions for now:

NEOBEE Bitfunder > Havelock Migration

We are enabling each Bitfunder shareholder ONE free migration.

The following limitations apply:
1. You must initiate this migration request before December 1, 2013.
2. Due to a massive amount of requests, your migration might take anywhere from 1-4 days to process.
3. Beginning On December. 1st, all remaining Bitfunder NEOBEE holders will be converted to direct-share management, registered under their public Bitfunder wallet address.
4. We can make no guarantees that Bitfunder or Havelock will not impose additional limitations on trading in the future.

 How to Transfer Shares:
 1. Make the subject of your email: NEOBEE BF
 2. Push the amount of shares to the issuer account on Bitfunder: NeoBee (Use the Transfer function in Bitfunder.com)
 3. Send an e-mail to tat.investments@gmail.com from your account email address registered with HavelockInvestments.com and include the following info:
  - Bitfunder account name (not email),
  - Bitfunder public wallet address
  - Quantity of shares
  - Havelock registered email address

Do NOT send your request more than once, and do NOT include other requests, questions or comments.

Transfers will be made in batches, and confirmations will ONLY be sent after each batch. Do NOT send emails requesting updates.

NOTE: TAT Investments is not responsible for any lost value, arbitrage, or trading opportunities due to delays in processing transfer requests. TAT Investments is not responsible for any limitations or discontinuations of services or access to liquidity imposed by the host exchanges.
4876  Economy / Economics / Re: Millions invested in Coinbase. Now what? on: December 12, 2013, 11:25:54 PM
Not much, just VCs like to invest in new technologies.

Actually it does have a lot of meaning.  Highly paid people big name VC firms hire to evaluate new technology like it.  This is much better than some blogger or financial writer giving their opinion on why bitcoin will or won't work.

Napster raised around $100 million from VCs in 2000, closed a year later...
4877  Economy / Digital goods / Re: Selling google.org.pe [domain] for BTC on: December 12, 2013, 10:40:55 PM
That domain is useless...
4878  Economy / Digital goods / Re: Looking for Europe Virtual Prepaid Visa or Master Card on: December 12, 2013, 10:38:22 PM
Can't you use Payoneer?
4879  Economy / Economics / Re: Millions invested in Coinbase. Now what? on: December 12, 2013, 10:30:40 PM
Not much, just VCs like to invest in new technologies.
4880  Other / Politics & Society / Re: Are we approaching to bitGOV? on: December 12, 2013, 09:44:24 PM
Take a look at the Swiss political system: http://en.wikipedia.org/wiki/Politics_of_Switzerland
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