My group purchased 2 x 400GH Bitfury AUGUST DELIVERY mining rigs. Bitfury is currently slated to begin shipment in August. We are placing both pre-orders for immediate sale. Price starts at 250 BTC each and increments by 1 BTC per bid thereafter. Bidding will cease at 11 am Central Time (GMT -6) on Saturday, August 3rd, 2013. We offer a BUY IT NOW price of 500 BTC each in case you really don't want to risk not getting these AUGUST DELIVERY pre-orders. Terms: We agree to 100% escrow with John K. (or equal) if the conditions for release of the escrow do not include waiting for physical delivery of the unit to the buyer. If physical delivery of the unit were required, we might as well wait and sell at an "equipment in hand" price. We consider the conditions for release of the escrow to include third party verification:[/color] - of seller control of the Bitfury pre-order account,
- of the Bitfury pre-order information and payment,
- that reasonable control of the Bitfury pre-order accounts was shared/turned over to the buyer (within MEGABIGPOWER policy limits).
A 5% escrow retainage would be acceptable to ensure that the seller has assisted the buyer in having the equipment delivered to the buyer either directly or by immediate reshipment. This final escrow retainage would be released upon proof of shipping dispatch to buyer. In case of reshipment, seller would consult buyer for instructions. Cost for reshipment (unless buyer uses BUY IT NOW where shipping costs are free) and any applicable taxes, duties, or customs clearance fees would be borne by buyer. Mining Option: In the unlikely event that you don't want to mine, we pay low electrical rate, and would only charge about $4/day for hosting each unit at our facility. Shipping: Buyer will pay shipping at cost plus insurance (payable in BTC to seller). This will be mutually agreed at time of re-shipment to your satisfaction. If buyer uses BUY IT NOW pricing, priority express shipping is free. Fees: All escrow fees will be born by seller. A reputable escrow company (like John K.) would need to be utilized. We are willing to provide full disclosure details to any escrow company to verify our purchase details as necessary to allow you to bid with confidence. Delivery: Bitfury has stated repeatedly stated that shipping begins in August. Our order numbers are very low and in combination would ship in first dispatch lot. We realize you do not know that we are who we say we are and that we will follow through with the terms of this sale, however, we do offer this "preliminary proof" of our order position and confirmation: Let us reemphasize one point. We are who we say we are. We have to sell what we say we have to sell. We are committed to selling what we say we are. This is a no nonsense strictly business transaction. We are perfectly willing to enter into a formal business contract for sale with any potential buyer. Thank you for your interest in our offering! Please note that we also have other equipment for sale under separate posts. |
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1@85BTC  Thank you Eurbids! |
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I am interested
We are accepting posted or private bids for one or more of our 3 listed equipment sales currently running. |
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My group purchased 2 x 200GH KNC Saturns on June 7th, 2013. We have confirmed DAY 1 SHIPMENT on these orders. KNC is currently slated to begin shipment in September. We are placing both pre-orders for immediate sale. Price starts at 43 BTC each and increments by 1 BTC per bid thereafter. Bidding will cease at 10 am Central Time (GMT -6) on Saturday, August 3rd, 2013. We offer a BUY IT NOW price of 75 BTC each in case you really don't want to risk not winning these DAY 1 SHIPMENT pre-orders. Terms: We agree to 100% escrow with John K. (or equal) if the conditions for release of the escrow do not include waiting for physical delivery of the unit to the buyer. If physical delivery of the unit were required, we might as well wait and sell at an "equipment in hand" price. We consider the conditions for release of the escrow to include third party verification:[/color] - of seller control of the KNC pre-order account,
- of the KNC pre-order information and payment,
- that reasonable control of the KNC pre-order account was shared/turned over to the buyer (within KNC policy limits).
A 5% escrow retainage would be acceptable to ensure that the seller has assisted the buyer in having the equipment delivered to the buyer either directly or by immediate reshipment. This final escrow retainage would be released upon proof of shipping dispatch to buyer. In case of reshipment, seller would consult buyer for instructions. Cost for reshipment (unless buyer uses BUY IT NOW where shipping costs are free) and any applicable taxes, duties, or customs clearance fees would be borne by buyer. Mining Option: In the unlikely event that you don't want to mine, we pay low electrical rate, and would only charge about $2/day for hosting each unit at our facility. Shipping: Buyer will pay shipping at cost plus insurance (payable in BTC to seller). This will be mutually agreed at time of re-shipment to your satisfaction. If buyer uses BUY IT NOW pricing, priority express shipping is free. Fees: All escrow fees will be born by seller. A reputable escrow company (like John K.) would need to be utilized. We are willing to provide full disclosure details to any escrow company to verify our purchase details as necessary to allow you to bid with confidence. Delivery: KNC has stated repeatedly that shipping begins in September. All of our equipment has been confirmed as DAY 1 SHIPMENT. We realize you do not know that we are who we say we are and that we will follow through with the terms of this sale, however, we do offer this "preliminary proof" of our order position and confirmation: Let us reemphasize one point. We are who we say we are. We have to sell what we say we have to sell. We are committed to selling what we say we are. This is a no nonsense strictly business transaction. We are perfectly willing to enter into a formal business contract for sale with any potential buyer. Thank you for your interest in our offering! Please note that we also have 4 Jupiters for sale under separate post! |
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My group purchased 4 x 400GH KNC Jupiters on June 3rd, 2013. We have confirmed Day 1 shipment on this order. KNC is currently slated to begin shipment in September. We are placing all 4 pre-orders for immediate sale. Price starts at 85 BTC each and increments by 1 BTC per bid thereafter. Bidding will cease at 10 am Central Time (GMT -6) on Saturday, August 3rd, 2013. We offer a BUY IT NOW price of 150 BTC each in case you really don't want to risk not winning these DAY 1 SHIPMENT pre-orders. Terms: We agree to 100% escrow with John K. (or equal) if the conditions for release of the escrow do not include waiting for physical delivery of the unit to the buyer. If physical delivery of the unit were required, we might as well wait and sell at an "equipment in hand" price. We consider the conditions for release of the escrow to include third party verification:[/color] - of seller control of the KNC pre-order account,
- of the KNC pre-order information and payment,
- that reasonable control of the KNC pre-order account was shared/turned over to the buyer (within KNC policy limits).
A 5% escrow retainage would be acceptable to ensure that the seller has assisted the buyer in having the equipment delivered to the buyer either directly or by immediate reshipment. This final escrow retainage would be released upon proof of shipping dispatch to buyer. In case of reshipment, seller would consult buyer for instructions. Cost for reshipment (unless buyer uses BUY IT NOW where shipping costs are free) and any applicable taxes, duties, or customs clearance fees would be borne by buyer. Mining Option: In the unlikely event that you don't want to mine, we pay low electrical rate, and would only charge about $5/day for hosting each unit at our facility. Shipping: Buyer will pay shipping at cost plus insurance (payable in BTC to seller). This will be mutually agreed at time of re-shipment to your satisfaction. If buyer uses BUY IT NOW pricing, priority express shipping is free. Fees: All escrow fees will be born by seller. A reputable escrow company (like John K.) would need to be utilized. We are willing to provide full disclosure details to any escrow company to verify our purchase details as necessary to allow you to bid with confidence. Delivery: KNC has stated repeatedly that shipping begins in September. All of our equipment has been confirmed as DAY 1 shipment. We realize you do not know that we are who we say we are and that we will follow through with the terms of this sale, however, we do offer this "preliminary proof" of our order position and confirmation: Let us reemphasize one point. We are who we say we are. We have to sell what we say we have to sell. We are committed to selling what we say we are. This is a no nonsense strictly business transaction. We are perfectly willing to enter into a formal business contract for sale with any potential buyer. Thank you for your interest in our offering! Please note that we also have 2 Saturns for sale under separate post! |
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REV 01 - Terms: We would agree to 100% escrow with John K. (or equal) if the conditions for release of the escrow did not include waiting for physical delivery of the unit to the buyer. If physical delivery of the unit were required, we might as well wait and sell at an "equipment in hand" price.
We would consider the conditions for release of the escrow to include third party verification:- of seller control of the BFL pre-order account,
- of the BFL pre-order information and payment,
- that reasonable control of the BFL pre-order account was shared/turned over to the buyer (within BFL policy limits).
A 5% escrow retainage would be acceptable to ensure that the seller has assisted the buyer in having the equipment delivered to the buyer either directly or by immediate reshipment. This final escrow retainage would be released upon proof of shipping dispatch to buyer.
In case of reshipment, seller would consult buyer for instructions. Cost for reshipment and any applicable taxes, duties, or customs clearance fees would be borne by buyer.
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Micon,
Are you considering other mfr's hardware (i.e. bitfury, knc, etc.)?
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FAQ:
Q: Why wouldn't you accept 100% escrow?
A: The down payment clause was instituted to ensure that the buyer has sufficient
commercial incentive to complete the transaction. The down payment amount is
negotiable to the satisfaction of both parties.
A: We have replaced the down payment clause with our response to thebrit's question
below (see Post #5). We are selling a pre-order, not equipment in hand.
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My group purchased 1 x 1500GH BFL Mini-rig on August 15th, 2012.
BFL is currently shipping 3 x MR500's to fill these orders. We are placing all 3 pre-orders for immediate
sale.
REV 02 - Price starts at 150 BTC each and increments by 10 BTC per bid thereafter. Bidding will cease at
10 am Central Time (GMT -6) on Friday, August 2nd, 2013. We offer a BUY IT NOW price of 300 BTC
each in case you really don't want to risk not winning these early pre-orders.
Terms:
REV 01 - 50% down payment required paid to us directly in BTC AFTER mutually trusted third party verification.
REV 01 - 50% balance held in escrow until re-shipped to your address upon receipt at our facilities.
REV 01 - We have modified escrow terms in Post #5 below
(We are near BFL, so we shouldn't lose many mining days. We can even host these units for the first
few months to maximize your return. We pay low electrical rate, and would only charge about $10/day
for hosting each MR500 at our facility.)
768 chip credits have been donated to Mr Teal's chip purchase, so you could potentially jump on that
bandwagon and the "benefit" would be passed from our group name to your's. (Of course, the 768 chip
credits would be split 3 ways to 256 credits per MR500.)
Shipping: Buyer will pay shipping at cost plus insurance (payable in BTC to seller). This will be mutually
agreed at time of re-shipment to your satisfaction.
Fees: All escrow fees will be born by seller. A reputable escrow company (like John K.) would need to be
utilized. We are willing to provide full disclosure details to any escrow company to verify both our purchase
and our identity/location as necessary to allow you to bid with confidence.
Delivery: BFL continues to state that they will have everything caught up by September. We are relatively
early in the queue. Presently, they are still shipping JUN/23/12 mini-rig orders. It has been stated that the
schedule is heavily front loaded. Our own risk assessment places delivery at late August. Note: We are
selling the "pre-order", not the "equipment in hand". This means that you will pay a discounted price, but
you will assume the delivery date risk. We will require that the buyer sign a delivery date waiver at time of
purchase. In the very remote chance that BFL never delivers, we will refund your full purchase price less
any escrow fees.
We realize you do not know that we are who we say we are and that we will follow through with the terms
of this sale, however, we do offer this "preliminary proof" of our order position and confirmation:
Let us re-emphasize one point. We are who we say we are. We have to sell what we say we have to sell.
We are committed to selling what we say we are. This is a no nonsense strictly business transaction. We
are perfectly willing to enter into a formal business contract for sale with any potential buyer.
Thank you for your interest in our offering!
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What do you think about the chances they will charge everything on BTCT as illigal investment offerings?
I think they are pretty good, actually. From the attendant Investor Alert: " the fraud may also involve an unregistered offering or trading platform" and, here's the real kicker: " Any investment in securities in the United states remains subject to the jurisdiction of the SEC regardless of whether the investment is made in U.S. dollars or a virtual currency. In particular, individuals selling investments are typically subject to federal or state licensing requirements." I have, of course, counseled my clients on this point for some time. Looks like I was right. Attention Unregistered Exchanges, Perpetual Mining Bonds (PMBs), REITs, and other members of the Bitcoin investment space: The SEC has explicitly indicated its intention to apply the already-existing laws to your security. You are selling securities in violation of the Securities Laws. Come into compliance, and do it quickly. Yea the only thing I think that might be a saving grace is are any of these listed securities worth the SEC's time. Roughly speaking, how would an exchange "come into compliance" quickly? |
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Question that just crossed my mind will these units come with power supplies? Or do we provide our own?
your own. |
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The only ones that win the arms race are the one building the arms.  |
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I guess we'll start to see in a few weeks.. I have the cost of a moderate house riding on KNC and the cost of a compact car riding on BitFury. I bought a crapload of BFL stuff, too, but it's likely to be worthless by the time it's delivered.
I know that this argument has been done to death but if you really are putting that kind of capital into mining hardware you would be much better served just buying BTC on the dips and riding waves. Mining profit potential will be decreasing drastically and we do not know if any vendor can even meet their deadlines. BTC profit potential is much greater with discipline and a good strategy. Just saying Cablez, Miners is miners and traders is traders...and never the twain shall meet... In a way you are right. I do both and am not very good at either. lol We're swimming in the same pool brother.... |
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I guess we'll start to see in a few weeks.. I have the cost of a moderate house riding on KNC and the cost of a compact car riding on BitFury. I bought a crapload of BFL stuff, too, but it's likely to be worthless by the time it's delivered.
I know that this argument has been done to death but if you really are putting that kind of capital into mining hardware you would be much better served just buying BTC on the dips and riding waves. Mining profit potential will be decreasing drastically and we do not know if any vendor can even meet their deadlines. BTC profit potential is much greater with discipline and a good strategy. Just saying Cablez, Miners is miners and traders is traders...and never the twain shall meet... |
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so if u sell on ebay, why post here ?
I'd say this is probably his target demographic. |
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What happened to the 1500Gh for $30k?? Aren't people still waiting for them?
It's still 1,500 GH/s for the $22K - it's 3x 500 GH/s units though instead of 1 so initially it seems that people are only receiving 1 unit at a time. I haven't seen anyone that's gotten their full mini-rig order. Actually, it is now 500 GH/s for $22K. The original 1500GH/s for $30K buyers are getting 3 x 500's at the original price because BFL is honoring their hash rate commitment. There are people who have received more than one 500GH/s rig already. It is based on their order payment date position. |
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