20 Shares - CoinHoarder Group Buy - 1 Day Auction

[dchou]

I am selling 20 of my shares in CoinHoarder's Avalon Group Buy.  The original thread can be referenced here: https://bitcointalk.org/index.php?topic=157930.0

Tracking info for the Avalons has been received by CH, and they are due to start hashing this week.

Each share represents approximately 1/723 of seven 4 module Avalons. 

If you assume that each 4 module Avalon can hash (overclocked) at 110 GHash, then we are talking 770 GHash in total (not guaranteed).  3 Module Avalons can currently do 85 GHash overclocked.

Each share would then equate to just over 1 GHash.

Starting bid is 1.2 BTC / Share.  Minimum bid is 5 shares (so as to minimize administrative work for CH).

Format will be

"5shares @ 1.2 BTC"

Auction Ends in 1 day.  Payment is due to me within 24 hours.  I will then post the share transfer acknowledgement to this forum.

Timer removed. End time: 2013-07-30+18:00:00EDT

[CoinHoarder]

I can confirm Dchou does indeed have 20 shares to sell in the group buy.

Tracking info says the Avalons have made it into the USA. 

[dchou]

A few more details.

Please bid in increments of .1 BTC.  (2.1, 2.2 etc).

Each bid will extend the auction by 15 mins.

[dethdeks]

"Starting bid is 1.2 BTC / Share"


i may be miss understanding this but are each share (total of 5) up for bid like 1 person can have 1 share another have share and so on? or is the 1.2BTC = all 5 shares?

[dchou]

Sorry I wasn't clear.

I'm asking that you are bidding on a minimum of 5 shares.

So 5 shares @ 1.2 BTC per share would be 6 BTC total.

[dogie]

I may be interested, but not at this price. PM me.

[dethdeks]

ah ok, thanks yah thats a bit steep specially if theres roughly 723 shares