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

[pitkaran]

Hi,

5.0 BTC just sent.

Transaction:
https://blockchain.info/tx/83c2d3ae64d47e857de7b097a349eab777f4222c0f5036d91a3fb949755b19bc

New to this forum, so hello to everyone on this group buy.

[dbasql]

CH,
Where do we stand as far as power and cooling? Is this about the limit of miners you are considering?
I am going to send a bit more if you are going to invest in more miners.
DBA

[bitwhizz]

Today, Cointerra announced their first product: a 2 TH/s ASIC bitcoin miner retailing for $15,750, with a forecast shipping date in December.

Can we believe them, so far our combined order of all the units is just over 2 th and we've spent over $40k collectively however this is $16k, a part of me wants to believe it yet another part is telling me that this seems a bit too good to be true

[roy7]

The two months makes a big difference though, with difficulty soaring like it is. In the pricing thread about it, people are saying Genesis Block mining estimates for it at that price won't break even.

[DPoS]

ASIC mining is turing into the sport of kings.  KNC and a few others can probably give a decent ROI but the long run are the chip builders who end up mining themselves.

Not sure how outsiders can get into their party since that is why they are outsiders and not insiders....

[piecinitup]

Hi

Just Sent 5 BTC

Transaction ID: edfd686099431574c8e3b8e18c698801109965573ae002f8edb4bee740937383-000

Thanks

[CoinHoarder]

So is this group buy still open to newcomers? I'd be interested to pitch in. Although I won't be able to transfer money until I get home later today.

Yep, sill open. 

CH,
Where do we stand as far as power and cooling? Is this about the limit of miners you are considering?
I am going to send a bit more if you are going to invest in more miners.
DBA

We have about 3000 watts of equipment ordered, I am placing the limit at 5000 watts. So.. definitely still some room available.

[CoinHoarder]

Hi,

5.0 BTC just sent.

Transaction:
https://blockchain.info/tx/83c2d3ae64d47e857de7b097a349eab777f4222c0f5036d91a3fb949755b19bc

New to this forum, so hello to everyone on this group buy.

Hi

Just Sent 5 BTC

Transaction ID: edfd686099431574c8e3b8e18c698801109965573ae002f8edb4bee740937383-000

Thanks

I got ya both. Thanks. 

[CoinHoarder]

Today, Cointerra announced their first product: a 2 TH/s ASIC bitcoin miner retailing for $15,750, with a forecast shipping date in December.

Can we believe them, so far our combined order of all the units is just over 2 th and we've spent over $40k collectively however this is $16k, a part of me wants to believe it yet another part is telling me that this seems a bit too good to be true.

I haven't had a chance to look over CoinTerra's offering yet. I will likely do that in a few moments. At this point I am suggesting we go with whatever is cheaper. Whether that be HashFast/BFL/Cointerra/xCrowd.. I'm not really sure at the moment.

Please discuss the options on our forums.

[SoggyLettuce]

Also if you haven't looked at it xcrowd launched today and you are able to secure your queue spot in orders.

[roy7]

Interesting thing about Xcrowd is 1- refund policy, 2- funds held by John K, 3- price drop if diff too high by ship date.

[CoinHoarder]

Interesting thing about Xcrowd is 1- refund policy, 2- funds held by John K, 3- price drop if diff too high by ship date.

I think the best options as of right now are:
xCrowd (good prices, escrow, and miner protection plan)
HashFast (decent prices and miner protection plan)

Then there is option #3 to wait for Avalon generation 2, which will be a no preorder- immediate delivery option in October/November. I think it would be hard to get burned with this option and I am leaning toward it, however xCrowd/HashFast miner protection plans also make it to where it would be hard to get burned unless they were an outright scam.

I started a thread in our forums to discuss these 3 options, please post your opinions. Thanks!

[trout]

so are you going to keep this open to order several more TH from xcrowd and cointerra?
if so I'd put more coin here rather than joining another group buy

[CoinHoarder]

so are you going to keep this open to order several more TH from xcrowd and cointerra?
if so I'd put more coin here rather than joining another group buy

I opened up a topic of discussion for this exact issue on our forums. I am going to read the feedback from current investors and then decide on a plan. As of now the exact plan is not known, so please submit your opinion on our forums so that I can accurately judge the group's majority opinion.

[JazzJackRabbit]

So is this group buy still open to newcomers? I'd be interested to pitch in. Although I won't be able to transfer money until I get home later today.

Yep, sill open. 

Nice, just sent 7.7 bitcoins
Transaction: https://blockchain.info/tx/9add298211f9acf1800fb491ef8a878f7890a9aac458083e710b3be198aeb9d6

[pitkaran]

Have you noticed there has been changes in the European Bitfury sales page

http://www.bitfurystrikesback.com

It says now "now accepting orders from all corners of our planet" and prices have been lovered.
Theres also a new option for UPS express saver delivery.

Havent had a chance to look at the US sales page yet.

Edit: No change there yet.

[CoinHoarder]

Nice, just sent 7.7 bitcoins
Transaction: https://blockchain.info/tx/9add298211f9acf1800fb491ef8a878f7890a9aac458083e710b3be198aeb9d6

Confirmed thanks

[pitkaran]

I think the best options as of right now are:
xCrowd (good prices, escrow, and miner protection plan)
HashFast (decent prices and miner protection plan)

Then there is option #3 to wait for Avalon generation 2, which will be a no preorder- immediate delivery option in October/November. I think it would be hard to get burned with this option and I am leaning toward it, however xCrowd/HashFast miner protection plans also make it to where it would be hard to get burned unless they were an outright scam.

I started a thread in our forums to discuss these 3 options, please post your opinions. Thanks!

I think the focus should be on something that at least promises an October delivery. I think HashFast looks more promising in that aspect.

[pitkaran]

I was wondering about the changes in European Bitfury sales page:

Here´s an update from Punin:

Update

I've added option for UPS Express Saver shipping, and dropped the prices a bit as further october orders will most likely ship in very late october. Those who picked first october orders are likely to receive theirs in very early october, if not september.

Regarding invoices: there was a problem on the site. I will need to send invoices manually. You will get an invoice, don't worry.

I need to sleep now. Shanghai awaits tomorrow. I should have more news for you in about 30 hours.

So should we expecting early October delivery?

[trout]

I think the focus should be on something that at least promises an October delivery. I think HashFast looks more promising in that aspect.

It seems quite likely that newer 28nm products like cointerra will be useful for a longer
period of time and so will bring more BTC longer term.