So, as many of you likely know, xCrowd offers hosted mining starting at 15TH/s, for $85,000 outright, plus $5,000 per month. I don't want to run a group buy by any means, but would anyone be interested in running a groupbuy of this mining package, where people could buy, say, a minimum of 500GH/s or so, and pay one outright fee, plus a monthly fee, or one outright fee that would cover 6 or 12 months?
For one year, the total cost is around $9670/TH, including the monthly fees. To compare, at a rate of $0.16/kWh, 15TH/s buying their units and hosting them in a datacenter, assuming the only datacenter cost is electric (as $0.16 is a bit high for datacenter electricity), would cost around the same ($9750). Just a thought.
I would be interested
Here is my proposal, minimum of 500 GH/s so about 27 BTC per share @$104 exchange rate then a 1.2 BTC per share maintenance fee per month
I will collect the funds, pay for the hosted mining, pay the management fee once a month and send dividend payments once weekly.
I already have an automatic dividend payment software in place for my other GB.
My fee would be 1%
The nice part is down payment for service is escrowed, so If Xcrowd does not deliver you get your money back.
My identity is already verified with JohnK and Jon at Bitfunder, and have experience with managing several GB's already.