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Author Topic: Group Buy! - Antminer S5+ bitcoin miner 7.7 T @3436W - 2700 - Ends January 28th  (Read 3895 times)
Harvin
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January 20, 2016, 06:52:03 AM
 #1

BEFORE READING : Contracts can be made if needed


Hi, Everyone!

This is a simple post.
Before I start I've been offered a AntminerS5 + bitcoin miner 7.7 T for just 2700 in BTC that can be found here : http://www.itopshop.net/world-biggest-miner-antminer-s5-bitcoin-miner-77-t-3436w-p-271.html
I can't afford to miss this opportunity and want to raise a group buy to get it.

Electricity : before I get going on the money front I want to let you know I live in California were it is 21.3 cents per kWh or at least the average.
The cost of electricity will be covered by the miner.

The Miner
Hashrate : 7722 GH/s ±5%
Power Consumption : 3436 watt
price : 2700

Buying In : It's simple
I want to make shares so you can put in small or large amounts
each share will be 1$ so 1 share = 1$ and since the machine cost 2700 there will be 2700 shares
I currently have 1800 dollars that I am willing to invest so I will receive 1800 shares leaving 900 shares left

numbers wise : 1s = 1$
shares : 2700

Owners : Harvin 1800 shares

For all buyers who want to buy in here is my btc address:
18tQjqX2CwybhpAX44X2obHEYBn2sC1Lx4
Please send btc with the following
Forum name
email or contact information
btc adress just so i can do 1 big copy and paste
amount paid
amount of shares gained


Payouts
This will be done through bitcoin sorry you can convert to other online currency yourself
Payouts will be done monthly and I will keep track of amount made(This will just be tracking profit)
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HerbPean
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January 20, 2016, 06:53:59 AM
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https://bitmaintech.com/productDetail.htm?pid=00020151212042549033J27u55CO0610
Harvin
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January 20, 2016, 07:18:07 AM
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Read both the miners and then recomment lol
PassThePopcorn
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January 20, 2016, 07:59:28 AM
 #4

I don't get it the S7 is better. Go buy 2 direct from Bitmain so they also carry a warranty.
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January 20, 2016, 01:26:20 PM
 #5

Please don't, someone is taking you for a ride... In short $2700 is $1,000 over market for that hash rate with 2X S7, which in your case is very important since your electric is crazy high.

1CPi7VRihoF396gyYYcs2AdTEF8KQG2BCR
https://www.bitworks.io
sabercatt
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January 20, 2016, 02:00:26 PM
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Payouts will be done monthly and I will keep track of amount made(This will just be tracking profit loss)

fixed it for you  Wink
HerbPean
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January 20, 2016, 04:22:26 PM
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Please don't, someone is taking you for a ride... In short $2700 is $1,000 over market for that hash rate with 2X S7, which in your case is very important since your electric is crazy high.

Indeed, your overpay way too much ... more efficient hardware are available now and for less then what you're going to pay. (Reason I posted the link). Efficiency means the number of watt used per GH.

Your 21.3 cents per kWh make no sens at all for mining.

I suggest you do some search first before going any further with your investment. I would avoid, whoever wanted to sell you the S5+ as a good source of information to get you into mining.

I pay like 0.06 cents per kWh in Quebec, Canada. Big farm like bitfury/antpool probably pay like 0.02-0.03 cents per kw (speculating here but they pay less for sure.)

In short, your proposition makes no sens for anyone.
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January 24, 2016, 06:50:54 PM
 #8

I pay like 0.06 cents per kWh in Quebec, Canada. Big farm like bitfury/antpool probably pay like 0.02-0.03 cents per kw (speculating here but they pay less for sure.)

I think you've slipped a couple of decimal places there.

But yeah, he'd be crazy to mine at the price he's paying. It was 9.168c here last month and I don't think I'm actually breaking even.

1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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