[CLOSED] Diversified Group Buy [KNC/BitFury/VMC/HashFast]

[dchou]

CH,
Are there any plans to re-invest profits to purchase new hardware once the purchased hardware is hashing?

[1714745385]

1714745385

[jaeyjay]

5 BTC sent.
https://blockchain.info/tx/34d1cfffacdee71308f7eb85066351edce40192d57477dfda6e61e780548c6cf

Let's do this again  . I hope delays won't be as bad as the avalon group buy.

[CoinHoarder]

CH,
Are there any plans to re-invest profits to purchase new hardware once the purchased hardware is hashing?

Not at this time. Like our last group buy, I imagine it would be hard to get everyone to agree on a reinvestment plan.

I myself would love to come up with some type of reinvestment plan for the group. I usually have no available BTC, because its all wrapped up in investments. I prefer it this way and I would like to keep it that way. This ensures I can't spend it on stupid things like gambling, and my involvement with BTC stays purely a long term investment as I originally intended it to be.

If we can agree on a reinvestment plan that is approved by a majority vote of share holders, I would be willing to implement it. Worst case scenario, the people whom would like to reinvest can start a new group buy like I have done here.

[CoinHoarder]

5 BTC sent.
https://blockchain.info/tx/34d1cfffacdee71308f7eb85066351edce40192d57477dfda6e61e780548c6cf

Let's do this again  . I hope delays won't be as bad as the avalon group buy.

Welcome to the new group!

Yes.. lets pray for no delays and we will all be very happy!  

[CoinHoarder]

UPDATE:

The first hardware orders have been placed. Congratulations, you are all owners of the following:

1 October Bitfury - 400 Gh - Tx ID: 04d50ed32542ac1d0b1da6a731618384d6944de5ceac7c417bed8af24a2ee863
1 KNC Jupiter - 400 Gh - Tx ID: 2ae86031f3ea87dd0fc037292084852743dcc1b55a66ca471fd79368d8741834
2 VMC Fast-Hash-Ones - 512 Gh - Tx ID: 9cb0540b9a8cd5eca613898ff6266c7fe048ea209602959756a472f30540ddf5

1312 Gh ordered so far!

We have about $6,586.51 in our group account (61.630353 BTC) towards the next purchase of a second Bitfury Obtober 400 Gh

I am watching the Xcrowd, Cointerra, and HashFast situations closely and considering ordering hardware from them as well, please give me your opinions. My opinion is something along the lines of:

1. Xcrowd's pay on delivery seem like a nice deal.. would be be hard to get scammed.
2. Cointerra put together an impressive team and I am most exited about their announcement. I live not too far from them, so that could come in handy for numerous reasons.
3. HashFast seems like another serious ASIC startup out of the tech heavy area of San Jose, Ca. - They have not released much information as of yet, but I am anxiously awaiting more news.

[TheJuice]

6 BTC Sent

9bbdc6db4b6d420ba299b36857813212ac12dfc327ecf368bc48e921f26f456a

[TheJuice]

6 BTC Sent

9bbdc6db4b6d420ba299b36857813212ac12dfc327ecf368bc48e921f26f456a

The addy where 6 BTC were sent from (1NfVPTwnaresmEDtWYjjdMCGPKjHbTbs5g) is what I'd like my divs paid to - the other addy there supplied the tx fee.

Thx CH,

Look forward to our 2nd venture.

[TheJuice]

UPDATE:

The first hardware orders have been placed. Congratulations, you are all owners of the following:

1 October Bitfury - 400 Gh - Tx ID: 04d50ed32542ac1d0b1da6a731618384d6944de5ceac7c417bed8af24a2ee863
1 KNC Jupiter - 400 Gh - Tx ID: 2ae86031f3ea87dd0fc037292084852743dcc1b55a66ca471fd79368d8741834
2 VMC Fast-Hash-Ones - 512 Gh - Tx ID: 9cb0540b9a8cd5eca613898ff6266c7fe048ea209602959756a472f30540ddf5

1312 Gh ordered so far!

We have about $6,586.51 in our group account (61.630353 BTC) towards the next purchase of a second Bitfury Obtober 400 Gh

I am watching the Xcrowd, Cointerra, and HashFast situations closely and considering ordering hardware from them as well, please give me your opinions. My opinion is something along the lines of:

1. Xcrowd's pay on delivery seem like a nice deal.. would be be hard to get scammed.
2. Cointerra put together an impressive team and I am most exited about their announcement. I live not too far from them, so that could come in handy for numerous reasons.
3. HashFast seems like another serious ASIC startup out of the tech heavy area of San Jose, Ca. - They have not released much information as of yet, but I am anxiously awaiting more news.

Are we going to have a closing date? Maybe 1 week? If we keep it open too long Im afriad our orders wont all ship together, which will complicate payments

[AmDD]

Id guess this will stay open atleast until after the first dividend payment from the Alalon Group Buy.

[CoinHoarder]

Yes, I am planning on leaving this open until I feel like I've reached my hosting capacity (about 5000 watts of miners- possibly more if I can figure out a better HVAC solution.)

I am not worried about equipment arriving at different times, in fact I am expecting it to. Dividends will be payed out on hardware that has been received, regardless if all hardware has arrived or only one machine.

[flowdab]

I'm in for 40 BTC. Currently moving things around and will send to you hopefully today.

[CoinHoarder]

I'm in for 40 BTC. Currently moving things around and will send to you hopefully today.

Sounds like a plan. 

We are sososo close to another Bitfury 400 Gh order, after that will be another KNC Jupiter.

[Kushedout]

5BTC Sent.  /tx/5d1b0a79344448ce560f2c19b6f6c32b474c94790dca3390f645d9d9f936e365

Waiting for more funds to xfer, probably get 5 more tomorrow.

Best of luck with this group buy.

[dbasql]

CH
If we make a purchase of the 5 minimum and add to those later 1 or 2 at a time is that cool?
I am going to get in either way but I may add on as Asic Miner shares come in.
Thanks
 

[TheJuice]

I'm in for 40 BTC. Currently moving things around and will send to you hopefully today.

Sounds like a plan. 

We are sososo close to another Bitfury 400 Gh order, after that will be another KNC Jupiter.

Awesome. Thx again CH for organizing another successful buy!!

[AmDD]

10BTC coming your way.
TX 2b9f18fdf3aacc6ae37102f8f083cec941d766d38fe921a32f6febec1819da6b

[flowdab]

I'm in for 40 BTC. Currently moving things around and will send to you hopefully today.

Sounds like a plan. 

We are sososo close to another Bitfury 400 Gh order, after that will be another KNC Jupiter.

done 40 sent a0f571ee792786c32014a46bc840ec0b2194c89feedc07428754fbdd9a98c414

[CoinHoarder]

UPDATE:
I wanted to explain about the transactions with VMC in case anyone was wondering. Let me preface this by saying I hate MtGox as a payment processor, there is a reason why Bitpay is #1 in that sector.

So.. I get to the MtGox order screen. It said send 78.458647 BTC to xyz address (9cb0540b9a8cd5eca613898ff6266c7fe048ea209602959756a472f30540ddf5.) So, I did that and for forever it was stuck on the screen that said "There is not enough Bitcoins on the payment address, please send the Bitcoin payment to the address listed below."

Meanwhile, the amount of BTC I'm supposed to send is fluctuating with the current Mt.Gox price, so even though I sent in enough coins the first time- the exchange rate changed in between when I sent the first transaction and when the payment was processed by Gox. So I ended up having to send in another 1.433653 BTC (febd36dd254d607015c94f658a189d2e2e66caeca21d5d1f743c8ba9f1437eaf.) This time it finally switches over to paid, and we received a small refund of 0.85440364 BTC from Mt.Gox (d79dd61c13f21b11831bbe4dfeec0f0a0758bab9f0a63cb37452bcd7ccc4a779.)

I just wanted to explain this chain of events in case anyone was looking at the block chain in regards to the group buy account and was wondering what happened.

Also, I just placed another order for another October Bitfury 400 Gh. We have 39.30000364 BTC leftover for the purchase of a second KNC Jupiter.

[CoinHoarder]

CH
If we make a purchase of the 5 minimum and add to those later 1 or 2 at a time is that cool?
I am going to get in either way but I may add on as Asic Miner shares come in.
Thanks
 

I have a feeling this will be open for about a month, at the very least a couple more weeks. I think there should be more than enough time for you to do what you've got to do.

I will update the thread if my hosting limit is close to being reached. And perhaps if you ask me nice enough after it is closed, I will sell you a portion of my shares with no mark up (just because I will feel bad for you to get left out.)

Cheers,

Ch

[CoinHoarder]

5BTC Sent.  /tx/5d1b0a79344448ce560f2c19b6f6c32b474c94790dca3390f645d9d9f936e365

Waiting for more funds to xfer, probably get 5 more tomorrow.

Best of luck with this group buy.

Confirmed

10BTC coming your way.
TX 2b9f18fdf3aacc6ae37102f8f083cec941d766d38fe921a32f6febec1819da6b

Confirmed  

I'm in for 40 BTC. Currently moving things around and will send to you hopefully today.

Sounds like a plan.  

We are sososo close to another Bitfury 400 Gh order, after that will be another KNC Jupiter.

done 40 sent a0f571ee792786c32014a46bc840ec0b2194c89feedc07428754fbdd9a98c414

Also confirmed.  

Thanks guys!