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Author Topic: Community Mining - Bitfury Asic Miner 120GH/s --> All Shares taken [closed]  (Read 26669 times)
ChronoX5
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June 03, 2013, 03:39:19 PM
 #21

I think 10BTC markup is a little extreme. Those guys are hosting it, so that's why they charge a large markup.

The original device is 17BTC.

40BTC = 3 BTC per GH = 0.003 BTC per MH

We can get 0.0041 per MH with YABMC's perpetual mining bond, or 0.007 per MH with TAT's VIRTUALMINE IPO, both *right now* when Bitfury's will take 3+ months, if at all, and with the risk of trusting not only Bitfury, Metabank, TheSwede75, and you.

In addition, the difficulty is going up 25% in 2 days.

Prices are becoming ridiculous.

I think there's an error in your calculation. It's 1 BTC per 3 GH/s. Which is 0,33BTC/GH/s or 0,00033BTC per MH/s. So it's cheaper by a factor of 10.

Please keep in mind that I am currently trading/holding shares of ASIC Miner, ActiveMining, Rentalstarter, Labcoin and may be posting in my own interest. Always do your own research.
Foofighter (OP)
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June 03, 2013, 05:18:09 PM
 #22

Payments are open, see OP for more Info!

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June 03, 2013, 05:57:55 PM
 #23

Two shares please!   Cool


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
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itxtutor
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June 03, 2013, 06:03:26 PM
 #24

Two shares please!   Cool

Payments for the first device are open ! You can see the payment adress in the first post.


There are only 7 Shares from the first device available. Remember -> First in first out

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June 03, 2013, 06:06:15 PM
 #25

Two shares please!   Cool

Payments for the first device are open ! You can see the payment adress in the first post.


There are only 7 Shares from the first device available. Remember -> First in first out

Payment of BTC2 and PM sent.   Cool

Danke!


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████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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itxtutor
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June 03, 2013, 06:07:38 PM
 #26

Two shares please!   Cool

Payments for the first device are open ! You can see the payment adress in the first post.


There are only 7 Shares from the first device available. Remember -> First in first out

Payment of BTC2 and PM sent.   Cool

Danke!

Thanks ! Foofighter will post the updated share list as soon as possible.

Foofighter (OP)
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June 03, 2013, 06:32:38 PM
 #27

Hey guys

see the table of Shares in the second post, from now on only 5 Shares are left for the 1 Mining Unit.

Please check if all your data is correct, i will also double check everything later!.

Thanks for your strong support so far!

regards
Foofighter

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June 03, 2013, 06:43:54 PM
 #28

First device is full now. Foofighter will preorder the device now. All payments from now on will be used for a second device, if there is enough demand.

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June 03, 2013, 07:11:37 PM
 #29

Where do i send my btc? and so i get 400$ a month if I get 1 share?

Why are you just staring at this? Just send it! 1MHZjADM41ttjbPUiTPYWGYGm45XLf8ZeS
itxtutor
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June 03, 2013, 07:36:59 PM
 #30

First device is pre-ordered.

https://blockchain.info/de/tx/8d08854a98f66d0cb9caba8319a7c19225e9a7cb883628095a1e253366bfb627

Now we are waiting for the contract from bitcentury.


Dont fear, we will order more devices. There are also many PM-requests.

If we cant afford a whole miner, or the pre-order time has ended, we will refund the bitcoins.

for the second device, we will use the same payment adress as for the first device !

frontbit
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June 03, 2013, 11:12:14 PM
 #31

I don't understand how this works. I thought I reserved 2 shares when you were not taking payment. But now I don't see my name on the list for first device
itxtutor
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June 04, 2013, 05:19:35 AM
 #32

I don't understand how this works. I thought I reserved 2 shares when you were not taking payment. But now I don't see my name on the list for first device

The first list was just a list of potential buyers (we needed to evaluate the demand on those devices ) . The real share holder list was made of the payments. We need to do that because there´s a limited amount of devices, so we need a fast payment.

Quote
I am interested in 1 share for the second miner. Do I make a payment now or wait confirmation that there us enough interest?


We think there is enough demand for more devices, the first one is ordered now, and payments for the next one are open too (Same payment adress).

When we get enough BTC for a full miner, we will order the next one. If we don´t get enough, dont worry, you will get your bitcoins refunded from us.

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June 04, 2013, 06:42:14 AM
 #33

Interested. So the fee is all inclusive? And how do we guarantee 24/7 operation?
evilscoop
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June 04, 2013, 07:33:16 AM
 #34

while I still require a share, I must say you have handled this badly....

You should have allowed those that expressed the interest first time to pay for their shares, not just opened it up and let people swoop in ahead of those that already said they required shares...

You failed to account for time zones etc, and since you sent a pm to those that put their name down, you could easily have sent them a , "you have 24hrs to pay to address" pm...


This does not fill me with confidence....
adamthefishman
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June 04, 2013, 07:55:02 AM
 #35

while I still require a share, I must say you have handled this badly....

You should have allowed those that expressed the interest first time to pay for their shares, not just opened it up and let people swoop in ahead of those that already said they required shares...

You failed to account for time zones etc, and since you sent a pm to those that put their name down, you could easily have sent them a , "you have 24hrs to pay to address" pm...


This does not fill me with confidence....

I totally agree.

We are not all glued to the computer to reply or pay as soon as you demand it.

I suggest you order the second unit now, and continue accepting payments once you have fully clarified the queue order and payment status of the initial expressions of interest.

FYI I was one of the first expressions of interest with reserving shares on the unit, and now have missed payment and thus a position in the first unit.

Awaiting your response.

Thanks
itxtutor
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June 04, 2013, 09:33:06 AM
 #36

Interested. So the fee is all inclusive? And how do we guarantee 24/7 operation?

We got a good internet connection and the connection is also backuped by a UMTS modem.


Quote
while I still require a share, I must say you have handled this badly....

You should have allowed those that expressed the interest first time to pay for their shares, not just opened it up and let people swoop in ahead of those that already said they required shares...

You failed to account for time zones etc, and since you sent a pm to those that put their name down, you could easily have sent them a , "you have 24hrs to pay to address" pm...


This does not fill me with confidence...

As you can see in this thread https://bitcointalk.org/index.php?topic=223656.0

the preorder units and pre-order time are limited, the first in first out concept is also common in many other projects.

So it would be much effort to do a preorder list and wait until everyone has payed due to some people who say that they would take shares and then they dont take them.

Im pretty sure our next device will be full soon and will be shipped with the other device.

Foofighter (OP)
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June 04, 2013, 09:43:27 AM
 #37

Hi all,

I have to apologize for the fast changing to payments.

But I heard that already many pre orders are taken and like itxtutor said they are strictly limited, so we cannot wait for everyone to buy in, the batches have to fill fast and we will make a fast order as soon as a Batch is full.

I dont unterderstand your doubts, I have so many PNs asking if the 2nd Batch will fill accordingly. If you just would start to pay in for the 2nd batch Iam sure we can fill it up in the next 2 days!

And as mentioned in OP if the pre orders are closed, the BTC will be refunded.

Thanks for your understanding

EDIT: 2/40 Shares paid

regards
Foo

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June 04, 2013, 09:48:37 AM
 #38

you requested people show an interest, for some this means also aquiring the btc or move btc from other wallets etc...

IF you request people to sign up to show interest, you are duty oblidged to allow them to pay first, in some way....be that 1 hour or 24 hours....you should give them priority...

I only want one share, so tbh it makes little diff to me, as ive already pm'd you my transid for the next share run.....but in future, please, play fair.
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June 04, 2013, 12:02:35 PM
 #39

is this another end of summer shipping thread?
Foofighter (OP)
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June 04, 2013, 12:06:39 PM
 #40

is this another end of summer shipping thread?

see info in OP, and yes these are Pre orders.

regards

ex official Canaan Distributor (Cryptouniverse)
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