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

[flowdab]

I wasn't aware there were issues, I'll look into it

Check out this thread: https://bitcointalk.org/index.php?topic=262052.580

I don't know. IMO a lot of the naysayers are just spreading FUD. I might be wrong about some of them, some of them might be genuinely concerned, but I don't feel like it is fair to treat HashFast any differently from any of the other unproven vaporware vendors. At least not until they have proven themselves untrustworthy. I just don't see enough evidence that would make me say that they are a scam.

You need to take everything that everyone says on these forums with a grain of salt. There are a lot of special interests at work. Not only manufacturer's special interest, but individual miners as well trying to spread FUD to keep difficulty as low as possible. I noticed one of the biggest naysayers was someone who has been endorsing the crap out of KNC, perhaps he just doesn't want people to order these machines and the difficulty to go up higher than he had planned, or perhaps he is being paid by KNC. You just never know...

Use your own mind and make your own decisions, but I don't see anything that would make HashFast a certain scam. Maybe their timeline is a little ambitious, but they are a bit cheaper than other offerings, allowing for a little cushion of delay time.

My two Satoshis.  

Understood. I'll defer to the majority opinion.

[CoinHoarder]

Understood. I'll defer to the majority opinion.

I didn't mean to get all "tin foil hat" conspiracy theoryish with you in my explanation. When someone asks my opinion, I will tell them exactly how I feel without holding back (unless it's my non existent girlfriend asking if she looks fat in this dress, etc.)  

I'm a big believer that everyone should do their own research and formulate their own opinions when it comes to the validity of the manufacturers, ROI, who to invest with, etc. That way the only person you can blame is yourself (or the manufacturer if they don't live up to their promises) and not blindly follow someone else's advice.

I will be sending 6 btc or so tomorrow

Edit - 10 bit coins

Regards

Sounds like a plan.  

[msm595]

I'm a big believer that everyone should do their own research and formulate their own opinions when it comes to the validity of the manufacturers, ROI, who to invest with, etc. That way the only person you can blame is yourself (or the manufacturer if they don't live up to their promises) and not blindly follow someone else's advice.

Sound advice . Also sent another .24 btc to try and rven things out a bit.

[CoinHoarder]

Sound advice . Also sent another .24 btc to try and rven things out a bit.

Noted & Updated. 

[bananton]

10 BTC sent

https://blockchain.info/tx/96b7188bc5c5ccd91ac723e3726c1adfd4719e7926d2ee601083cfa634aa8495

[CoinHoarder]

10 BTC sent

https://blockchain.info/tx/96b7188bc5c5ccd91ac723e3726c1adfd4719e7926d2ee601083cfa634aa8495

I got ya.

Thanks and welcome to the group.

[CoinHoarder]

UPDATE:

- Please register for the group buy forums. They are private forums, to register you must send a PM to Relm9 on these forums (bitcointalk.org). Include the Email address that you would like to register with and he will get you verified.

Again, they are private so you cannot see the forums or register by simply visiting the link, please contact Relm9 for that. We had problems with bots registering and posting advertisements when setting up the first group buy. Also, there are security concerns with hosting this much equipment, so I only let participants know about the inner workings of the hosting logistics.

I am not an admin of the forums for transparency reasons (I would be able to edit/delete any posts, etc.)

After you have PMed Relm9 and he gets you verified, you may visit the forums here: http://www.yourcoins.org/forums/forums/diversified-group-buy.4/

- I have polls going on whether not to order from HashFast/CoinTerra/xCrowd. If the majority votes yes on any manufacturer's poll, then I will make sure to order at least 1 miner from each. Please vote if you care which companies we invest in! Normally I put up a poll when a decision has to be made so that everyone has a voice.

- After the group buy has completed, all correspondence will be done through our forums. Like my first group buy, I will have many threads having to deal with the logistics of everything. Please go ahead and register even if you don't plan on voting. Thank you.

Ch

[trout]

sent 5BTC
98827fab15818e0fdbe3cb69799eb9df9646c1807c4e6061644985b88148a1e5

edit: I'd consider investing more for hashfast and cointerra units

[bitwhizz]

10 btc sent



Regards

[elreyleon]

sent 5 BTC

https://blockchain.info/es/tx/aa508faa04f5017caadf4f71528e80303897e5b98148184d48d0c584b16a3b6f

cheers!

[Egon]

10btc Sent https://blockchain.info/tx/c0b21ddee90177cf7f319e724beb29a37ba60d421d15b40f09a994d4ff772898

[Bogart]

My thoughts on HashFast:

- 1 HashFast Golden Nonce (GN) Chip
 - Under 350 watt power draw^*

Doesn't removing ~250W TDP from one single chip die seem like a significant engineering challenge?

What's the core voltage on that bad boy?  Sounds like you'd need to be supplying it with at least a couple hundred amps...

Similarly:

So lets make a giant chip that generates so much heat we need liquid cooling, nothing can go wrong  

It's not like you get lower yields and tend to run into more problems with leakage and lower roof for clock frequency or anything like that with massive chips, no no we need maximum gh/chip nothing else matters!

[bitwhizz]

I voted against hash fast in the poll after reading a lot of pages on them on the forum ,I read about a few silly  hiccups by them which has really Given me a hard time in taking them seriously as a legitimate business, i could be wrong

[trout]

cointerra also want to make a single chip > 500 gh

I can't say much more about their ability to do that  than "they look serious,"
but I wouldn't dismiss a venture based on technical considerations unless I
felt  I was technically on par with the people who run it. In other words: may be they know how to do it?

[CoinHoarder]

Thanks for your opinions & investments. I am kind of busy this afternoon, but everything will be updated this evening. 

[dbasql]

7 for me CH Thanks

https://blockchain.info/tx/8cea241d0c461d87f19bee87506c868729270803ad36489700466fae0785d7b4

[CoinHoarder]

The list of investors has been updated.

We have enough to buy another mining rig. I'm on the fence as of now whether to order another KNC Jupiter as planned, or perhaps order from one of the newer companies. I am expecting an announcement from xCrowd/Cointerra any day now, which could shake things up a bit as far as options and ROI on different mining equipment.

Also, with KNC's new referral program (buy 10 get 1 free), we might be able to work out a deal with another group buy to add a portion of the free 400 Gh to our dividends if we order more product from them, so it is something to think about. Along with that, rumors of a price drop for December KNC Jupiters is just another reason to hold off a little bit.

I will put a hold on ordering hardware to let everyone discuss the options for a bit. Please vote in the polls and discuss on the forums.

With our current orders and BTC, we have enough funds to order at least 2 Th worth of mining equipment.

[CoinHoarder]

Right now, this is where we stand on ordering from the newer companies:

xCrowd: No (3 No, 1 Yes)
HashFast: Tied (2 Yes, 2 No)
Cointerra: Yes (3 Yes, 1 No)

Only about 4 people have voted in the polls on the forums. Please everyone go vote!

Again, I will not vote in the polls... I am leaving this decision entirely up to you guys! So please make sure to register for the forums and have your voice heard!

[wisard]

Only about 4 people have voted in the polls on the forums. Please everyone go vote!

Maybe a dumb question... Where exactly to go to vote?

[bitwhizz]

UPDATE:


After you have PMed Relm9 and he gets you verified, you may visit the forums here: http://www.yourcoins.org/forums/forums/diversified-group-buy.4/

Is the answer to your question