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Author Topic: [Auction] 1/4 of Batch 3 avalon 4-module (~22GH/s)  (Read 936 times)
hchc (OP)
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July 12, 2013, 12:37:40 AM
 #1

I have a hosting agreement with Dalkore for 1 module out of a 4-module Batch 3 avalon machine order# 45xx (i.e. 22Gh/s stock)
As you have heard, Avalon is shipping batch 3 starting next Monday. Now is your chance to get in on it.

Dalkore has a order number of 45xx which is the first few Batch 3 order so Dalkore should be receiving the machine early next week.

We will do the transaction through group email with all 3 parties on the list. It will be simply be a change of payout address. I.e. Dalkore will change the payout address to you instead of to me.

Remember, 22Gh/s is without overclocking so you are going to get more than that.

Auction starts at 28.75 BTC which is what I paid.

Below is the original announcement from Dalkore but he has since deleted the content since he is no longer accepting shares.

Thanks.

Details Email - Avalon Bitcoin Pooling & Management Service  (First come - First served)

Basics:
Each person will subscribed for an fixed amount of Bitcoins.  It will be either in a 88 (3 modules) or 115 (4-modules and preferred)  Bitcoin Avalon unit in Batch #3.  Depending on the unit cost, you will be entitled for a fix percentage in that unit Bitcoin mining until it goes out of service (goal is run as long as possible).

That fixed portion gives you a payout every Sunday for the previous week's mining.  A report will be sent, showing you how much the unit made in total for the week and your portion.   A separate miner account will be used exclusively for this project, separate from my personal account.  This allows me to backup and verify my reports to you.   Any major downtime will be noted, treat this like a real mining operation so you understand 100% uptime is the goal but not always possible.  I get paid off of revenue so I want it running 100% or as close to it.

The units will be hosted next to my personal units at my office.  I will be covering power and hosting.  This should be weighed when evaluating my fee. 

Eventual Unit Decommissioning:  At some point, these units will cost more in power than their output.  In that case, at my discretion, you can either send in coins or money to continue running them for coins, help me arrange a sale of the hardware or give me a reasonable offer to buy them off the group so I can have extra hashing power to secure the next work if I find a free power situation.  This is a donation I want to do over time to Bitcoin.


Fee:
7% fee until the units reaches ROI (return of investment) then 10% until the Avalon is decommissioned.  This provides you a faster ROI and then rewards my service and support over time.  Because the amount per day these units make declines, so does my fee. This includes all hosting fee except hardware failure which you will be responsible for in the event a module failed and you wanted it fixed.  Obviously if the prices crashes hard, we may need to review this but the most important goal is that I am not paying out of pocket to maintain the machine's electricity cost and hosting.  Many bad things would need to happen to make this even happen and if that did occur, you would see the same numbers.  I feel confident we would work it out.  I will feel better when everyone achieves ROI.  Send me any questions


In conclusion this is it.  The key it to keep this really simple so we are all on the same page.  I will do my part to run these units, send perfect payouts and keep communication easy and smooth.  I am in Seattle, Washington and will make myself available, my goal is to build my reputation through service to our fledging community.





DISCLAIMER:

I am working for you.  You should see me as your mining CEO and you as the board of directors.  In the end, I am in your service so you take care of me and I take care of you.  Many things could go wrong so assume it could.   On the other hand, I have run a farm of mining machines for 7 months without losing a single machine or card.  Communication is key and I will make sure you are in the loop and I answer questions.  I don't want to get bogged down in the "every little detail", I know what you expect of me and I am here to deliver as your mining manager.  You should only be doing this if you understand this is a risky decision and many things can go wrong but you can know that I am in the same situation so we will gain or lose together.


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July 12, 2013, 04:18:59 PM
 #2

bump

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July 13, 2013, 03:44:35 PM
 #3

bump

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July 16, 2013, 08:30:00 PM
 #4

You guys are tough Smiley
How about I start the auction at ZERO btc? But there is a point where mining with batch 3 would still be more profitable than selling this share at a discount though.
I will put a add a clock soon and I reserve the right to end the auction.

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Garr255
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July 16, 2013, 08:31:02 PM
 #5

I bid BTC5 if you can ship me the module.

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Garr255
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July 16, 2013, 08:31:25 PM
 #6

I bid BTC5 if you can ship me the module.


BTC15

“First they ignore you, then they laugh at you, then they fight you, then you win.”  -- Mahatma Gandhi

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hchc (OP)
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July 16, 2013, 08:42:31 PM
 #7

No no..it's a hosting service. Dalkore would host a 4-module and he would pay out 1/4 (22GH/s equivalent) after fees. There is no physical module to ship at least for now. When Dalkore decided hosting is not profitable anymore then he will look for buyer(s) for the machine or individual module.

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