I have a presale for a 4 module batch 3 Avalon. Order # 78XX. It would have hashed at around 88 Gh/s, but Avalon has released a firmware update they claim will add 2+ Gh/s.
I am auctioning 9 of 10 shares of future mining revenue from this unit. All payments from this auction will be escrowed by John K at my expense until I have received the unit and made the first weekly revenue payment. To compensate for my lack of rep, I will also provide any personal or contact information that can be verified, held in the escrow. 100% of all mining revenue from this unit will be paid to shareholders. I will cover all mining costs.
Each share = 10% of the first 100 BTC mined by this unit, paid every Sunday = 10 BTC total payout
Format: # @ Price
Bidding starts at 7 BTC, increments of 0.1
A share bought at 7 BTC would see a 42.9% ROI.
Auction ends midnight 5/15.
Shares expire once 100 BTC have been mined and 100 BTC have been paid to shareholders.
If for any reason the unit is not delivered by August 5th, escrow will be released to the buyers.
Full Disclosure: I have this unit listed both on ebay and under Marketplace > Goods > Computer Hardware. Bids are made under the condition that a sale of the unit as a whole takes priority over this auction. No payments will be accepted until the auction ends on 5/15, and only then if the unit is unsold. This unit will NOT be double sold in any way. I will provide proof to each buyer that this unit has not been sold in part or in whole on any other listing.
So you want me to give you 7 BTC now, you keep those BTC and do with them as you please, then when your mining rig arrives you will give me back my BTC plus 3 BTC in increments being fully reimbursed once you hit 100 coins mined? Which by them could take a couple years.
I mean I like the 43% interest on the loan but that's a pretty long time to repay it.
