[Closed] Bitfury miner group buy + hosting (with ESCROW)

[jlsminingcorp]

And here's this week's payout.

TxID: 88bcaedf26f793a4feb20a0b97e919e83d1d0c1d5f5b897daaf74d39afa17ef6

[jlsminingcorp]

Hi All, I've had more problems this week with electrum and so have split the weekly payout so that all gb members except jlsminingcorp have just been sent a payment. I'll send the jlsminingcorp payout for this week as soon as I can. The details are below. I think that the electrum problems either relate to the number of confirmations on newly generated coins or problems using up dust change. Will try an electrum update now (although this has not helped in the past!)

Hope you all have a great New Year.

TxID: 5dd3293467b01a779f6571ea34a98fd4864d8c6168c930bddede039e5c348b2a

[jlsminingcorp]

Just sent the outstanding jlsminingcorp payout from last week.

TxID: eb51a93dd487e89a07075b108c445390bbacd6d8e5d417376be16dd6512b88bf

[jlsminingcorp]

Hi All, I've just sent this week's payout and the details are below as normal. I've had to split it into two payments again, one to all GB members except jlsminingcorp and one to us (which will follow shortly), due to our continuing problems with Electrum. The only thing left to try to cure this is to update Electrum to the latest "stable" release (we were using the source from github with a workaround due to the fact that we were using an older seed version). This causes a slight problem as the newer versions of Electrum are not compatible with the older seed version that we were using. The only way to overcome this properly seems to be to move to an entirely new wallet. As such, we will need to set pool payouts from the miner to be sent to a new address. Apologies if this causes any confusion, fingers crossed it solves the frustrating problems we've been having with weekly payouts.

Please note that pool payouts from the miner will now be sent to 1JziHiUmGfTzTsqekmHBYQ7xQ9uytpAw41 and not the old address that we were using (1568Cr5PQFy3JVhQnvajQkbYyinM4AcCFH)

This week's payout (for GB members other than jlsminingcorp) TxID: b508782726c92062d9881d9a09f7029e1fe678f5324caed105ef7a7d768e2d41

Please note that we've sold the last few weeks worth of NMC and included the proceeds in this payout. Since the sums are all very small it only really makes sense to do this every few weeks.

[jlsminingcorp]

Hi All, I made the outstanding payout from last week to jlsminingcorp earlier today.

TxID: 0fb7b1b7fc98be016e9e4304ec269a5446dd9d3ee91cc8eee6d8c0babf045fc9

[jlsminingcorp]

This week's payout details are below. I have to apologise, there was a problem with the part of the bfsb miner that points at eligius for a little less than three days this week, which resulted in a hashrate that was 90 GH/s lower than expected during this time. I'm afraid that we didn't spot this that quickly (due to the change in mining addresses), so as a gesture of good will we've transferred 0.0957 BTC (the theoretical income from three days of mining at 90 GH/s) to the group's mining address and included that in this week's payout.

TxID: 7229e73eb1f1a5f67714eb36b4ebd5f8f5772014ffb7838ba4059b409725f216

[jlsminingcorp]

Hi All, this week's payout details are below. Just a couple of things to note this week. We were beginning to have more stability problems with the part of the miner pointing at eligius around the middle of the week, so switched over to bitminter completely, which has been much more successful. Secondly, I'm afraid to say that the cheap electricity deal that we were on last year has now ended and we've had to switch supplier. As those of you in the UK will know only too well, energy prices have been going up and so our new energy deal includes a higher unit charge (now £0.1145 per kWh), which we've included on this payout. This new price is fixed for the next 12 months.

TxID: 664a3c5266580fe86e9ca5911ff728568963f70b1a94f570a04cd93dbf7f4249

[jlsminingcorp]

Just to let you know, bitfurystrikesback.com have now started selling H-boards again from stock for 250 Euro + VAT = 310 Euro = 0.51 BTC. This seems to me to be an OK price, but not a fantastic one, and with difficulty still rocketing up and new players about to enter the market (Cointerra, possibly Hashfest) I'm not feeling as bullish about mining as I was last summer. We still have plenty of space in the miner to expand its capacity with new H-boards, so please let us know your thoughts about whether or not to continue to upgrade our hashpower or to keep things as they are. If there's a desire to buy more hardware to fill up the m-board then we need to find a way to start a collection for this new hardware that fits within the framework of the original group terms and doesn't disadvantage existing or new GB members. If you have any thoughts on this let us know, I'm not sure I can think of an ideal solution given the big change in BTC price, the falling hardware price and the huge change in difficulty since we started.

[jlsminingcorp]

Hi All, I'm travelling on Sunday, so won't be able to make this week's payout on the normal day. There will be somebody around keeping an eye on the hardware, but not to make the payment. As such, I've just made a partial payout for this week based on what has been mined already and will make another around the middle of next week. Hope that works for you all. As usual, the details are below.

TxID: 27e647c7847bc9b164d32e8f38ca4ac7a7e4fbee210126b063ffcef3f44a548d

[jlsminingcorp]

Hi All, this week's payout details are below in the usual format. Since there's been no response to my post from a couple of weeks ago about the new BFSB H-board availability and pricing (https://bitcointalk.org/index.php?topic=252534.msg4606540#msg4606540) I'm guessing that there is no interest in these as they stand (I also think that at this price it doesn't really make sense to expand the capacity of the miner). My feeling is that we should now consider this GB to be "closed" rather than "paused". We can open things up again if there is a new hardware offer that makes sense, but for now it makes more sense just to run the hardware that we have. Let me know if you have any strong objections and we can re-visit this decision.

TxID: 5082db6ea2f278086b6615cba36ecadb6243e97a94536afe12681084d27a859c

[jlsminingcorp]

Hi All,

Payout details for this week are below in the usual format.

TxID: 1b95bc624163401a053aff3db54477f77f57078decec70ee1ca25eca33f66bb6

[jlsminingcorp]

Hi All, I'm going to be away from my wallet on Sunday, so have made this week's payout a little early. Please see the details below as normal.

TxID: 9da51258e9ad74442b59ea356f4264156274c5d89446f570fd35e2eacf812b9d

[jlsminingcorp]

Hi All, this week's payout details are below.

TxID: 873f4346daec9bf8bb02cfac1cb3510b905b8da850e7367b0f595a85123aad74

[Kushedout]

Just want to say thank you for the way you run this group buy.
This has been one of the least headache causing GBs I've been involved in.

[jlsminingcorp]

Just want to say thank you for the way you run this group buy.
This has been one of the least headache causing GBs I've been involved in.

Hi Kushedout, thanks, that's very much appreciated. We were certainly hoping that things would run smoothly for everybody and we'll continue to do what we can to make sure this GB runs as smoothly as possible.

[jlsminingcorp]

Hi All, this week's payout details are below as usual.

TxID: 1c25474bf75e5844189a95010c50b71f7bd9b931b8a5c4169da0f9e26c1132c2

[jlsminingcorp]

Hi All, this week's payout details are below as normal.

TxID: 15519f800aa3a479f5013aa28f28fa91ec04c1cb310916247e1c26d9fb3aa074

[jlsminingcorp]

Hi All, this week's payout details are below.

TxID: d4f6c834d9033b360d9df3ecc75ebf5026e6bbaaa187cd9309a480642997cc5e

[jlsminingcorp]

Hi All, we've been mining with quite good stability on bitminter for quite a while now. However, bitminter's % share of the network hashrate is not what it used to be and so we're more susceptible to variance at the pool. I'd suggest that we move to one of the bigger pools to mitigate against this - probably BTCguild (or ghash.io), as I've not found eligius to be as stable with the bitfurystrikesback hardware for some reason. If you have any feelings either way about this let me know, otherwise we'll switch this week.

[jlsminingcorp]

Hi All, please see below for this week's payout details. We've been happily hashing away on BTC guild since yesterday - so far things look nice and stable.

TXID: f4709bfcf1769fcb599bcacd34c85294a8f3614b80671adbbfaec9b30d91ade8