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Author Topic: Risk free Avalon partnership?  (Read 2491 times)
wisard (OP)
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March 20, 2013, 02:44:48 PM
 #1

I would love to partner with someone in China to buy and run Avalons.

Here is the deal: I can fund the BTC (or can figure out sending RMB via bank transfer) to buy 1 avalon unit of 85GH.
You run the unit.
We share 50-50 in profits.
Only condition: In the beginning, I get paid 95% of mining profits - till the cost of the avalon unit has been earned.

Preference given to people who already run an Avalon ASIC miner and who are technically proficient.
And to someone who is in good standing on the forum.

Buy me a beer or 2 if you enjoy my posts. BTC address: 1976Nb5u1T2haoxSZnJgHaemHYYtgKmTsU
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Wayne_Chang
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March 20, 2013, 02:57:16 PM
 #2

How about the electricity cost?
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March 20, 2013, 03:20:27 PM
Last edit: March 22, 2013, 06:26:00 AM by Dalkore
 #3

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Humanxlemming
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March 20, 2013, 03:22:01 PM
 #4

I know I'm a noob but I will be up for it if you are still looking for someone.
I will cover power and internet costs.
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March 20, 2013, 05:03:30 PM
 #5

I would love to partner with someone in China to buy and run Avalons.

Here is the deal: I can fund the BTC (or can figure out sending RMB via bank transfer) to buy 1 avalon unit of 85GH.
You run the unit.
We share 50-50 in profits.
Only condition: In the beginning, I get paid 95% of mining profits - till the cost of the avalon unit has been earned.

Preference given to people who already run an Avalon ASIC miner and who are technically proficient.
And to someone who is in good standing on the forum.

Why don't you run it yourself?

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Humanxlemming
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March 20, 2013, 05:29:23 PM
 #6

I would love to partner with someone in China to buy and run Avalons.

Here is the deal: I can fund the BTC (or can figure out sending RMB via bank transfer) to buy 1 avalon unit of 85GH.
You run the unit.
We share 50-50 in profits.
Only condition: In the beginning, I get paid 95% of mining profits - till the cost of the avalon unit has been earned.

Preference given to people who already run an Avalon ASIC miner and who are technically proficient.
And to someone who is in good standing on the forum.

Why don't you run it yourself?
Because if you are running it with another forum member it will make it a lot easier to buy and run for the both of you.
wisard (OP)
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March 20, 2013, 07:51:44 PM
 #7

For me, if I buy the Avalons - the cost will be double for me because of customs fees (unless Avalon fills in the cost price in the customs form and not sales price).

On top of that, I'm not very good with tech and hardware.

So it makes sense to partner with someone.

I've already bought shares in ASICMiner - this is a pretty similar structure for me.

Buy me a beer or 2 if you enjoy my posts. BTC address: 1976Nb5u1T2haoxSZnJgHaemHYYtgKmTsU
wisard (OP)
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March 20, 2013, 07:57:01 PM
Last edit: March 20, 2013, 08:19:29 PM by wisard
 #8

Re: electricity - yes we can share the costs.

Please PM me with your details if you are interested. Mainly your prior mining experience - and if you'll be able to deal with any problems that may arise. You have to be the one to set everything up, decide which pool to use, do the software upgrades, handle maintenance etc etc. I won't be of any help with those issues at all.

I am most likely looking for someone from China - if you're not from China - you need to be the one to pay for all the custom fees or any additional fees that may arise.

Thanks.

Buy me a beer or 2 if you enjoy my posts. BTC address: 1976Nb5u1T2haoxSZnJgHaemHYYtgKmTsU
SyRenity
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March 20, 2013, 08:38:21 PM
 #9

Can more people join from the funding side?

Or pool BTC's to even out the risks?
Nexus2k
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March 20, 2013, 09:48:15 PM
 #10

I'm willing to operate and host one or more Avalons bought by your suggested investment model.
cedivad
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March 20, 2013, 09:54:27 PM
 #11

You will have a hard time surfing among the newly registered scammers... Like the post above me with its perfect English registered today.

Check out my signature if you are interested, we can work out a deal where I care about keeping the units hashing and online for you. (At least I didn't registered today).

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
Limie
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March 20, 2013, 10:00:54 PM
 #12

I would be interested in running an Avalon for you, although I am not in China. I would be willing to take a smaller cut for the beginning portion to cover any additional fees. PM me with a proposal, im in the USA

XRP- rJZrZTkMYrqe94c1V6KS1gbYpcaJRQqcd8
Nexus2k
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March 20, 2013, 10:02:50 PM
 #13

You will have a hard time surfing among the newly registered scammers... Like the post above me with its perfect English registered today.

Check out my signature if you are interested, we can work out a deal where I care about keeping the units hashing and online for you. (At least I didn't registered today).
Keep in mind that english isn't the native language for all the people on this planet... and the date of registering shouldn't be taken as a scammer sign. I've read the forums for over a year and now with the Avalon batch #3 came the time to register in the forums.

How would you feel if somebody came on 8th of August 2012 to you and instantly blame you as possible scammer ? You have to start somewhere right ?
Surpbitcoin
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March 20, 2013, 10:05:30 PM
 #14

I am located in Canada and I can cover the costs to import the unit here, I can also cover the costs of power and keeping the unit maintained. Pm me if your interested. I also have a shipping address in south korea which can then overnight the unit which will cut down on shipping time.
cedivad
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March 20, 2013, 10:09:28 PM
 #15

You will have a hard time surfing among the newly registered scammers... Like the post above me with its perfect English registered today.

Check out my signature if you are interested, we can work out a deal where I care about keeping the units hashing and online for you. (At least I didn't registered today).
Keep in mind that english isn't the native language for all the people on this planet... and the date of registering shouldn't be taken as a scammer sign. I've read the forums for over a year and now with the Avalon batch #3 came the time to register in the forums.

How would you feel if somebody came on 8th of August 2012 to you and instantly blame you as possible scammer ? You have to start somewhere right ?
I'm sorry, you might be legit, but I won't bet a penny over it.
Out of 3 post I read from you today, in 2 you offered to partner somehow to buy or to host these asic.

Btw, when i registered I was labeled as a scammer during my first posts, so it's really the standard.

My anger against what is wrong in the Bitcoin community is productive:
Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)
Hashfast.org - Wiki for screwed customers
peetah
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March 21, 2013, 11:30:33 PM
 #16

buy just one?
CrazyGuy
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March 22, 2013, 12:47:11 AM
 #17

Interesting idea, I'd be willing to do it. I'm in the USA, how much are the customs fees?

ASICPuppy.net ASIC Mining Hardware and Accessories - Compac F in stock!
wisard (OP)
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March 22, 2013, 04:16:16 AM
 #18

buy just one?

Unfortunately yes - I don't want to go all in in this thing. I am seeing it as a pure investment and following my portfolio sizing rules strictly. So I can't put in more money in this than I have put in in other shares (asicminer, g.dice) - even if my math shows that this investment may do better than the rest.

Buy me a beer or 2 if you enjoy my posts. BTC address: 1976Nb5u1T2haoxSZnJgHaemHYYtgKmTsU
HorseRider
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March 22, 2013, 05:35:31 AM
 #19

I would love to partner with someone in China to buy and run Avalons.

Here is the deal: I can fund the BTC (or can figure out sending RMB via bank transfer) to buy 1 avalon unit of 85GH.
You run the unit.
We share 50-50 in profits.
Only condition: In the beginning, I get paid 95% of mining profits - till the cost of the avalon unit has been earned.

Preference given to people who already run an Avalon ASIC miner and who are technically proficient.
And to someone who is in good standing on the forum.

I would run a Avalon machine for wisard. I have PMed OP and get a reply. We are in discussion the identity verification.

16SvwJtQET7mkHZFFbJpgPaDA1Pxtmbm5P
Humanxlemming
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March 22, 2013, 06:14:38 AM
 #20

I would love to partner with someone in China to buy and run Avalons.

Here is the deal: I can fund the BTC (or can figure out sending RMB via bank transfer) to buy 1 avalon unit of 85GH.
You run the unit.
We share 50-50 in profits.
Only condition: In the beginning, I get paid 95% of mining profits - till the cost of the avalon unit has been earned.

Preference given to people who already run an Avalon ASIC miner and who are technically proficient.
And to someone who is in good standing on the forum.

I would run a Avalon machine for wisard. I have PMed OP and get a reply. We are in discussion the identity verification.
Great to see that the guy wanting to do the partner ship skipped me and went right for someone with a higher post count such a bastard of a person he must be.
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