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1241  Bitcoin / Group buys / Re: [Closed.... for now] ***Hosted Ant Miner Groupbuy*** on: May 22, 2014, 12:30:54 AM
We sold for .345 minus shipping, payments will be going out as soon as I have the shipping cost.
1242  Economy / Auctions / Re: Antminer S1 on: May 22, 2014, 12:06:41 AM
.345
That was beautiful... PMing
1243  Economy / Auctions / Re: Antminer S1 on: May 21, 2014, 11:32:35 PM
Half hour left on bidding Smiley
1244  Alternate cryptocurrencies / Mining (Altcoins) / Re: [OPEN] A2 86mh/s Terminator Hosted Groupbuy *Price Protection* on: May 21, 2014, 08:15:49 AM
cr4sh0verride has purchased a share
1245  Other / Off-topic / Re: What Song are you Listening To? on: May 21, 2014, 07:10:18 AM
Hardwell ft. Mitch Crown - Call me a Spaceman
1246  Alternate cryptocurrencies / Mining (Altcoins) / Re: [OPEN] A2 86mh/s Terminator Hosted Groupbuy *Price Protection* on: May 21, 2014, 07:07:56 AM
I would be a bit afraid that after hosting you can't sell the machine for what it cost, as is atm with for example the gridseeds. Once there are more than a few machines on the market they will start dropping prices hard I assume.
What happens with profitability is anybody's guess, but that's the nature of mining.  One thing to take into consideration is the fact that this machine has the lowest power consumption on the market right now.  This means mining will be viable for longer, so we'll be able to fetch more for it at the end.

As I've said in my groupbuys before, I make no claims on if I think we will ROI or not.  What I do know is that unless you're dropping the cash for one of the really powerful miners, this is the best price you'll get.  Going off the cheapest secondhand Gridseeds I could find, the same amount of mining power would cost $57.33, and that doesn't even include the power cables+control unit+USB hub+shipping, plus you have to host them yourself!  To top it off, their high power use would probably make them close to obsolete in 90 days.  Even if we step it up, a 13mh/s hosted miner at Gaw would cost $52.92 for the same amount with a 2.5% hosting fee.  That's a pre-order by the way, not up until the second of next month.

I think that the best way to handle this is to have a vote later on (when profitability starts to decline) to determine when to sell it. Each share would equal one vote, and it could mine while it is on the market. When it sells, the proceeds would be split according to shares.
I like this idea... I like it a lot.  Updating OP now since no shares have been purchased yet

I was going to help try to come up with more specifics (as to when the voting would be initialized) but that's a tough one. The best plan is to come up with something that's kind of like the spark. "if x happens, the voting becomes active." This helps give a more strict set of rules and ensures everyone is on the same page. The things I came up with are:

1) Network hash rate hits x
2) ASICs from x are released (or at x hash rate are shipped)
3) Profitability hits x threshold
I don't see why we need to overcomplicate it, if the majority of the shareholders want to sell then we should sell.  Also added that $175 will be added to the final sale payout for every full month left on hosting.

Because how else do you determine when it's time to sell? Just watching what is said in the thread doesn't really validate the majority's opinion. You can end up having many polls as a result, all of them failing because a few people want to sell and the majority don't.
At any time a shareholder may place (or remove) a vote to sell.  This info will be kept in a public google doc.  As soon as 126 shares vote to sell, it gets listed.  Seems like the simplest and best way to handle it.
1247  Alternate cryptocurrencies / Mining (Altcoins) / Re: [OPEN] A2 86mh/s Terminator Hosted Groupbuy *Price Protection* on: May 21, 2014, 06:59:20 AM
I would be a bit afraid that after hosting you can't sell the machine for what it cost, as is atm with for example the gridseeds. Once there are more than a few machines on the market they will start dropping prices hard I assume.
What happens with profitability is anybody's guess, but that's the nature of mining.  One thing to take into consideration is the fact that this machine has the lowest power consumption on the market right now.  This means mining will be viable for longer, so we'll be able to fetch more for it at the end.

As I've said in my groupbuys before, I make no claims on if I think we will ROI or not.  What I do know is that unless you're dropping the cash for one of the really powerful miners, this is the best price you'll get.  Going off the cheapest secondhand Gridseeds I could find, the same amount of mining power would cost $57.33, and that doesn't even include the power cables+control unit+USB hub+shipping, plus you have to host them yourself!  To top it off, their high power use would probably make them close to obsolete in 90 days.  Even if we step it up, a 13mh/s hosted miner at Gaw would cost $52.92 for the same amount with a 2.5% hosting fee.  That's a pre-order by the way, not up until the second of next month.

I think that the best way to handle this is to have a vote later on (when profitability starts to decline) to determine when to sell it. Each share would equal one vote, and it could mine while it is on the market. When it sells, the proceeds would be split according to shares.
I like this idea... I like it a lot.  Updating OP now since no shares have been purchased yet

I was going to help try to come up with more specifics (as to when the voting would be initialized) but that's a tough one. The best plan is to come up with something that's kind of like the spark. "if x happens, the voting becomes active." This helps give a more strict set of rules and ensures everyone is on the same page. The things I came up with are:

1) Network hash rate hits x
2) ASICs from x are released (or at x hash rate are shipped)
3) Profitability hits x threshold
I don't see why we need to overcomplicate it, if the majority of the shareholders want to sell then we should sell.  Also added that $175 will be added to the final sale payout for every full month left on hosting.
1248  Alternate cryptocurrencies / Mining (Altcoins) / Re: [OPEN] A2 86mh/s Terminator Hosted Groupbuy *Price Protection* on: May 21, 2014, 06:51:56 AM
I would be a bit afraid that after hosting you can't sell the machine for what it cost, as is atm with for example the gridseeds. Once there are more than a few machines on the market they will start dropping prices hard I assume.
What happens with profitability is anybody's guess, but that's the nature of mining.  One thing to take into consideration is the fact that this machine has the lowest power consumption on the market right now.  This means mining will be viable for longer, so we'll be able to fetch more for it at the end.

As I've said in my groupbuys before, I make no claims on if I think we will ROI or not.  What I do know is that unless you're dropping the cash for one of the really powerful miners, this is the best price you'll get.  Going off the cheapest secondhand Gridseeds I could find, the same amount of mining power would cost $57.33, and that doesn't even include the power cables+control unit+USB hub+shipping, plus you have to host them yourself!  To top it off, their high power use would probably make them close to obsolete in 90 days.  Even if we step it up, a 13mh/s hosted miner at Gaw would cost $52.92 for the same amount with a 2.5% hosting fee.  That's a pre-order by the way, not up until the second of next month.

I think that the best way to handle this is to have a vote later on (when profitability starts to decline) to determine when to sell it. Each share would equal one vote, and it could mine while it is on the market. When it sells, the proceeds would be split according to shares.
I like this idea... I like it a lot.  Updating OP now since no shares have been purchased yet
1249  Alternate cryptocurrencies / Mining (Altcoins) / Re: [OPEN] A2 86mh/s Terminator Hosted Groupbuy *Price Protection* on: May 21, 2014, 06:46:22 AM
I would be a bit afraid that after hosting you can't sell the machine for what it cost, as is atm with for example the gridseeds. Once there are more than a few machines on the market they will start dropping prices hard I assume.
What happens with profitability is anybody's guess, but that's the nature of mining.  One thing to take into consideration is the fact that this machine has the lowest power consumption on the market right now.  This means mining will be viable for longer, so we'll be able to fetch more for it at the end.

As I've said in my groupbuys before, I make no claims on if I think we will ROI or not.  What I do know is that unless you're dropping the cash for one of the really powerful miners, this is the best price you'll get.  Going off the cheapest secondhand Gridseeds I could find, the same amount of mining power would cost $57.33, and that doesn't even include the power cables+control unit+USB hub+shipping, plus you have to host them yourself!  To top it off, their high power use would probably make them close to obsolete in 90 days.  Even if we step it up, a 13mh/s hosted miner at Gaw would cost $52.92 for the same amount with a 2.5% hosting fee.  That's a pre-order by the way, not up until the second of next month.
1250  Economy / Speculation / Re: It hit 500! on: May 20, 2014, 04:53:40 PM
I watched it jump $15 in a minute and a half and it's hitting 500 mark.

What do you think?  Shocked
I think it was awesome Cool
1251  Economy / Computer hardware / [WTS] PC Parts on: May 20, 2014, 04:12:12 PM
Selling the leftover parts from a GPU rig I salvaged.  Don't have a set price in mind so offer away!  I'll sell it individually or in a group, but would prefer to take care of everything at once to save on shipping.  Throw a HDD and some (working) RAM in here and you've got a decent computer Smiley

Mobo/CPU combo: MSI FM2-A75MA-E35/AMD A4-5300 APU
PSU: Choice of Thermaltake 550w or 650w Smart
Risers: One non-powered x16 to x16
GPUs: x1 Vapor-x 5850 (420kh/s OC), x1 Asus 5850 (350kh/s OC)
RAM: 4gb DDR3, fails every system memtest.  Giving this away for shipping cost.
HDD: Maxtor DiamondMax Plus 9 60gb ATA (No idea if this is working, some guy gave it to me a while ago and I only have SATA connectors)

Note: the power supplies only have two PCIe connectors.  You'll need to use a molex adapter to put 3 cards in and fill up the mobo.  I would not recommend using them for ASICs, the cable was hot to the touch when hooked up to an Ant (both connectors are on the same one).

Escrow accepted as always, I won't go first
1252  Economy / Goods / Re: [Sell] VFirm - VAGINAL TIGHTING CREAM: Price 0.10 BTC per tube on: May 20, 2014, 01:09:44 PM
wiw escort service for bitcoin Cheesy i think this forum is soon to be the new silkroad v.3 with no more drugs involve Cheesy


scratch that.. someone is selling mushroom spores too... crazy fucks

how can they shipped that shroom to other country? its illegal right?
Cultivation of psyclobin containing mushrooms is illegal, having the spores for 'research' purposes is not.  Same deal as with cannabis seeds in most places.
1253  Other / Off-topic / Re: What Song are you Listening To? on: May 20, 2014, 12:52:38 PM
Krewella ft. Gareth Emery - Lights & Thunder
1254  Alternate cryptocurrencies / Mining (Altcoins) / Re: [OPEN] A2 86mh/s Terminator Hosted Groupbuy *Price Protection* on: May 20, 2014, 11:03:40 AM
Daily bump for cheap mining
1255  Economy / Services / Re: Escrow Services on: May 20, 2014, 08:22:36 AM
definitely a scam, do not use.

How can you tell that blindly ?? I already mentioned that no doubt I may be a newbie but I will take care of my customers well.
Every other scammer said that too, right before they scammed.  You have no rep and one of your first posts is asking to hold onto people's BTC.
1256  Other / Off-topic / Re: Do you listen to the radio? on: May 20, 2014, 08:20:46 AM
Nah, I just use Spotify
1257  Alternate cryptocurrencies / Mining (Altcoins) / Re: SMOS, BAMT, PiMP - Which USB-Mining-Distributions ??? on: May 20, 2014, 07:48:04 AM
Always been a BAMT user, takes me about 5 minutes from first power on to up and running w/ overclock
1258  Economy / Lending / Re: Offering Loans up to 5BTC on: May 20, 2014, 06:43:21 AM
If anybody that requested a loan from OP gets it, please PM me so I can remove the neg
1259  Economy / Lending / Re: Need loan 20000$ on: May 20, 2014, 04:56:55 AM
Please if anything is not understood,ask me.On my account is balance 57275$.I want loan only half price,i.e. 28500$-28600$.i can provide also screenshots of my account.
Dude, you're asking for more than a fucking Mustang is worth based on a 'screenshot' of a site that nobody has ever heard of and WOT has listed as a scam, but somehow has $50000 in it.  gtfo
1260  Economy / Lending / Re: Need loan 20000$ on: May 20, 2014, 03:30:41 AM
Congrats, you just won the award for the least effort trying to scam 5 figures.
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