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Question: Round 3: Assuming HashFast ships extra MPP chips, should we raise funds to build or buy a bare Rig for extra Golden Nonce chips?
Yes
No, let's sell the extra chips and split the profit

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Author Topic: [CLOSED]R3/R4: Extended HF FLASH SALE PRICING! 2 HF Sierras, At-Cost+Host, PAID  (Read 16233 times)
DyslexicZombei (OP)
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September 22, 2013, 12:56:54 AM
Last edit: January 15, 2014, 12:07:44 AM by DyslexicZombei
 #1

1/14 update: We've requested a full BTC refund via our legal representatives. For those that bought in BTC, we're fighting to get you back your full BTC refund (minus a legal fee spread amongst R1-4).

Please see page 15 for more details.

===


9/24, Tuesday Update: The 72 Hour HashFast Sale is OVER! However, the only place you can still get Flash Sale pricing until Friday is: HERE. Grin

Round 4, non-MPP Sierra: 98 93 90 78 69 59 54 47 43 18 ZERO shares available!

Wow! 2 Sierras sold in 5 days! Thank you everyone!

Please PM thomas_s to reserve backup shares in case of non-payment from R4 reservations.

Round 3, MPP Sierra: SOLD OUT.

=========================================================================================================================================


    Image Credit:  Original Image  

                                          _.====.._
                                        ,:._             ~-_
                                            `\              ~- _
                                               |   _    __.       `.
                                             ,/   /  \    /           ~ - _
                          ..__..-..__...-'   /__/   /__                `_ ~~--..__...----... DZ's Miner Cooperative, Round 2 ..."The little Co-op that could"...


    An At-Cost Democratic Miner Co-operative with the world's lowest fees
    for vetted miner hosting/management services: 2.75%

    ~40 members, 1 Scientist, 4 IT Pros, 2 Network Engineers, 2 Electrical Engineers, 1 Finance Employee, 4 GB Coordinators, so far, with multiple host sites


    ========================================================================================================================================

    This Co-operative is operated by a John K. vetted Network Engineer based in Hawaii, DyslexicZombei or DZ, who gets to design prototype IT hardware and lab/field networks in support of cutting edge research projects, and has been in the line of work of T&E and R&D for nearly 10 years, with 50-60 Hawaii/US Aerospace/IT/R&D/Civ. Engineering Endorsements on LinkedIn. The backup remote administrator is jungle_dave who is a former Electrical Engineer and Network Engineer. Mining Equipment will be operated by vetted IT pros or a vetted IT college student, with backup host sites available. Payouts are every 2 weeks minus a 2.75% Hosting/Management fee, the lowest around. Once sales begin, Refunds available up until unit ships at 1.5% restock fee. We vote on all buying, shipping, and resale decisions as well as vote on the month to attempt equipment resales after 5-7 months of operations. All suggestions are welcome to help improve our Co-operative.

    • Approx. total value of GBEC / GBC ASIC pre-order sales or pre-sales of shares on this forum by DZ Cooperative in last 6 weeks: $30.2K
    • Approx. value of DZ ebay ASIC sales (including 4 HF Baby Jet shares listed on ebay/BTC Talk GB forum & purchased on ebay worth $620) since Aug.1 : $3.3K
    • Approx. value of ASIC related hardware or services currently listed items on ebay by DZ: $30.5K, selling as a trusted intermediary
    • Several new GBCs and Bitcoin Miner Hosts vetted for free, and several scams pointed out on two BTC related forums.
    • Number of HashFast miners ordered or reserved: 2 Baby Jets, 2 Sierras, 3.2TH/s+ Total

    -Data current as of 9/23/2013

    =========================================================================================================================================

    We're aiming for the $6,000 Non-MPP HashFast Sierra for Round 4! Includes 20-30 min. UPS backup + Express Early AM delivery + 2.75% host fees.

    24 hours left to try to secure a 2nd Sierra. I worked hard to extend the deadline to Friday by doing down payments on 2 Sierras arranged with John S.. If we don't sell the 69 54 shares remaining, well, we're just going to divvy up the 100 shares from the Round 3 MPP miner.  Wink

    ====


    Tip o' the hat to user Molex1701:

    If you're unfamiliar with GBs, in general: you get 1/100th of whatever hashrate we end up with and the payouts generated from this hashrate minus a 2.75% service fee.

    TL;DR: Your 1 share costing either $69 OR $115 (share price decided by majority vote NOT APPLICABLE for R4, for now) would be worth 12GH/s est. to be delivered on Dec. 1. Your est. HashRate per share will likely be 15GH/s after overclocking, thanks to heavy duty A/C capacity at bobsag3's place in Missouri. I can't guarantee 15GH/s but that's the incremental goal.

    Your 1 share could be worth up to 48GH/s depending on which level of HF's MPP is triggered [Not Applicable for R4]. Share price is rock bottom, and includes 20-30 minutes of backup UPS/battery purchases + bobsag3's 120A Backup Generator on tap for longer outages. We are *NOT* responsible for paying for a 2nd rig out of the co-GBCs pockets. We're also not responsible for late delivery but will seek a total refund if the group votes for this.



    =======================

    Round 4 [OPEN]

    9/22 AM update: Darn that bobsag3 fella!  Grin Here I was enjoying a nice peaceful Sunday when I read Bob's latest thread. He's got a point dangit. Anyway since thomas_s had to work but I'm sure it wouldn't exactly break his heart for all of us to buy more at-cost shares for his Industrial Class Rig GB debut as a co-GBC:

    Here's Round 4 since we ran out of shares in Round 3 in 12 hours.

    Shares are priced to move at only $69 each with NO MPP, repeat NO MPP. We can add this later via majority vote ($115 per share) but to secure this order, we're pricing it as $6,000. 1 share = 12-15GH/s est. to be Delivered on December 1.



    Please PM me for soft share reservations. We only have 48 hours left in this sale (actually less).   This co-operative has secured 2 Sierras at Flash Sale pricing via partial deposit tonight with full payment due Friday night.

    Round 3 gents: Please get your funds in for R3 as soon as possible so I can send the largest possible payment for this.

    Round 4 gents:
    ** We only go to actual sales if we reach 85% soft reservations, or 85 shares reserved for Round 4. **

    We aren't going to actual sales on R4 until 85 reservations held. However: if possible, you can send me your BTC for R4 so I can include it in tonight's down payment for 2 Sierras. In the unlikely event that we have to refund the entire R4 miner (or for my other Group Buys), there will be *NO* Restock fee! Just make sure to label your payments with the correct Round #, so I can track your payments.

    ====

    Details at the following link: http://us7.campaign-archive2.com/?u=43a3515a4cff1032dafe95c87&id=9d981903ee&e=1cb2a901a6

    Sept. 21, PM, EDIT, SITE CONFIRMATION: https://hashfast.com/shop/sierra-2/

    Aww yeah! Who were the first GBCs here to offer you a 50%+ reserved 22.9% discounted Sierra?  Wink  Cheesy


    ** If we need to buy a 2nd rig to get to 3.6TH/s or 4.8TH/s if we opt for the MPP: we ALL pay extra for extra hardware according to our share of the miner *if* it's voted that we assemble the miner somewhere instead of selling the extra 3rdX or 4thX chips (assuming we can mount 2X chips in a Sierra). **

    Cheers!

    ====
    [Round 3 INFO BELOW, CLOSED]

    9/21, Early Afternoon, Round 3!

    Who woulda thunk?  Huh Thank you to everyone that participated in Rounds 1 and 2 of my first Group Buys on this forum after 10 years of Ebay electronic re-sales and purchases without incident.

    Only 22 20 16 15 5 ZERO shares out of 100 left! 100 shares reserved in less than 12 hours! This may be a possible GB speed record, if such a thing is tracked.

    Sorry, snooze you lose! First come, first served. You can PM thomas_s. or I for backup shares for R3 as it's possible a few shares may spring free.

    I also may have a few reserve shares on an Aug. 9 HashFast preorder, Order 616. Please PM for backup at-cost shares for R2 or R3.

    =====

    UPDATE: 21 votes for MPP so far. 30 more votes needed for majority win.

    There are currently 47 42 shares available out of 100.

    This Round 3 is being hosted by *two* GBCs with me being the Sr. GBC with override control, and providing remote admin, remote troubleshooting, miner payouts, shipping details, and resales of the R3 unit at possibly the 5-7 month mark of operations. I believe a GB with 2 co-GB Coordinators, is yet another first I may have brought to the GB forum as yet another innovation I've helped introduce.

    Details to follow. Please reserve your at-cost shares below to take advantage of this MPP Sierra at 1.2TH/s+ at $10,800 or $6,000, only for 72 hours.

    Why should you trust me?

    - I've organized 2 at-cost HashFast Group Buys in a democratic, open fashion in a little over a month for HF Orders 616 and 991: https://bitcointalk.org/index.php?topic=274055.0

    - I run Group Buy Escrow Coordinator Services for the Group Buys / Custom Hardware forum at ultra low costs and faster response time then most any Escrow service available on the GB forum (Disclaimer: I'm only an Escrow Affiliate at BTCrow; not a full Escrow Agent but I can provide what I call are Escrow+ or Escrow Plus services, above and beyond what typcial Bitcoin Escrow services can provide). Please click the GBEC link in my sig for more details on these services for new GBCs. I've also vetted several new GBCs and vetted miner hosts for free. I serve as a hardware neutral advocate for both buyers and sellers and a resource for smaller custom hardware mfgs. that wish to offload customer services to me.

    - I also run 28nm Bitcoin Miner Host Matchmaking Services with International availability and hosting sites with vetted miner hosts in 3 different US states so far at only 2.75%.

    - I put my reputation on the line for any GB or financial transaction that takes place on this forum I'm involved in. Short links about your GBC:

    Why you should trust me: https://bitcointalk.org/index.php?topic=276947.msg2956448#msg2956448

    My online/offline endorsements: https://bitcointalk.org/index.php?topic=280412.msg2997877#msg2997877

    Me, as user KauaiDKer, trying to give away a good paying job in paradise at a National Lab in the middle of a recession: http://forum.surfermag.com/forum/showflat.php?Cat=0&Number=1373159

    Terms and rules of this third Group Buy in a little over a month, will follow the details of the first 2 Group Buy's details where applicable such as refund terms but will use BTCrow for optional escrow at an 1.5% additional fee instead of John K. Escrow like we did in Round 1 as a mandatory fee.


    [/list]
    Code:
    Round 3: HashFast Sierra Flash Sale, with MPP. 20-30 minute UPS/Battery Backup built into at-cost share price. Finish edit, 10/10. Excel xfer, 10/11.
     
    Payouts sent every 2 weeks. Before payout, 2.75% Hosting/Management fees are deducted every 2 weeks once operations begin.

    -------------------------------------------------------------------------------------------------------------------------------------------------
    |Shares|    Username     |          Wallet Address             |Share Status|             Notes                     |
    -------------------------------------------------------------------------------------------------------------------------------------------------
    |  2   |  DyslexicZombei | 17a29H9BhUnaPZgZSdFifPndGxxWQXayuH  |    PAID    |  / Your GB Coordinator / Net. Eng. / Primary Remote Admin      |
    |  1   |  bobsag3        | TBA                                 |    HOST   | World Class vetted Hosting Avail., W/ Lowest hosting costs        |
    |  1   |  a..........m    | TBA                                 |    PAID  |                                                                  |
    |  0   |  jungle_dave    | TBA                                 |   N/A   | Backup Admin, former EE/Net. Engineer. Plants trees in Amazon!    |
    |  2   |  firsttimeuser  | TBA                                 |    PAID   |    2 / DZ Co-op Round1 HashFast BabyJet Vetted Miner Host         |
    |  3   |  corather     | 1CkDkXNvfHSMEijiy6X3kYVKZvuibGkCjh |    PAID    |                                                                                               |
    |  1   |  tripppn     | TBA                                 |    PAID   |            Previous co-op member                              |
    |  20  |  -Redacted-  | TBA                                 |    PAID   |         Boxed Set of DZ MC shares                     |                      
    |  4   |  baros008      | TBA                                 |    PAID   |                                                                   |
    |  50 |  thomas_s     | TBA                                 |    PAID  |    Co-GBC / Donated 1.5 Share to R1 member 0.5 to charity  |
    | 10   |  Anonymous      | TBA                                 |    PAID   | Votes ceded to GBC. Manual override avail. GBC votes last. In R2|
    |  5   |  Tomdraug | TBA                                 |    PAID   |                                        |
    |  1   |  Miramym    | TBA                                 |    PAID   |        |  

    100 shares.
    * 1.5% restock fee for Refunds ** 1.5% fee for optional BTCcrow Escrow protection and dispute resolution. **


    PLEASE SEND A PM IF YOU SEE INCORRECT INFO. Mahalo!



    Code:
    [DRAFT; finished editing 10/10; xfer to Excel 10/11]

    Round 4: HashFast Sierra Flash Sale, with NO MPP. 20-30 minute UPS/Battery Backup built into at-cost share price.
     
    Payouts sent every 2 weeks. Before payout, 2.75% Hosting/Management fees are deducted every 2 weeks once operations begin.

    -------------------------------------------------------------------------------------------------------------------------------------------------
    |Shares|    Username     |          Wallet Address             |Share Status|             Notes                     |
    -------------------------------------------------------------------------------------------------------------------------------------------------
    |  0   |  DyslexicZombei | 17a29H9BhUnaPZgZSdFifPndGxxWQXayuH  |    PAID    |  / Your GB Coordinator / Net. Eng. / Primary Remote Admin      |
    |  0   |  bobsag3        | TBA                                 |    HOST   | R3 member. Ultra low cost vetted Hosting/Mng. Fee. 2.75%|
    |  5   |  TomDraug    | TBA                                 |    PAID  |                                                                  |
    |  5   |  a..........m    | TBA                                 |    PAID  |                                                                  |
    |  0   |  jungle_dave    | TBA                                 |    N/A    | Backup Admin, former EE/Net. Engineer. Plants trees in Amazon!    |
    |  2   |  firsttimeuser  | TBA                                 |    PAID   |    DZ Co-op Round1 HashFast BabyJet Vetted Miner Host         |
    |  1   |  corather     | 1CkDkXNvfHSMEijiy6X3kYVKZvuibGkCjh |    PAID    |                                                                                               |
    |  1   |  vaprx     | TBA                                 |    PAID   |                                          |
    |  7  |  -Redacted-  | TBA                                 |    PAID   |         Boxed Set of DZ MC shares                     |                      
    |  6   |  baros008      | TBA                                 |    PAID   |                                                                   |
    |  3 |  thomas_s     | TBA                                 |    PAID  |    Co-GBC / Donated 1.5 R3 Share to R1 member 0.5 to charity  |
    | 10   |  Anonymous      | TBA                                 |    PAID   | Votes ceded to GBC. Manual override avail. GBC votes last. In R2|
    |  1   |  Miramym    | TBA                                 |    PAID   |   R3 member     |  

    |  23 |  amer     | TBA                                 |    PAID  |    Largest voter for R4 open major decisions  |
    |  2   |  minerphil | TBA                                 |    PAID   |                                        |
    |  10   |  thehun    | TBA                                 |    PAID   |        |  

    |  6  |  wontons    | TBA                                 |    PAID  |      |
    | 5   |  jplacek      | TBA                                 |    PAID   | |
    |  9   |  slayernine | TBA                                 |    PAID   |                                        |
    |  2   |  thyatis    | TBA                                 |    PAID   |        |  
    |  2   |  unknown.usr    | TBA                                 |    PAID   |        |

    100 shares. *Thomas_s and I reduce shares in R4 to solve oversale issue of 3 extra sales.
    * 1.5% restock fee for Refunds ** 1.5% fee for optional BTCcrow Escrow protection and dispute resolution. **


    PLEASE SEND A PM IF YOU SEE INCORRECT INFO. Mahalo!


    DyslexicZombei (OP)
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    September 22, 2013, 12:57:40 AM
    Last edit: September 24, 2013, 09:05:49 AM by DyslexicZombei
     #2

    Reserved for more GB details and payment details.

    Round 3: Price is $115 per share, which will provide $11.3K of purchasing power.


    UPDATE: Update: Here's the calculations without MPP and including the 1RU Control Unit user dropt pointed out: http://mining.thegenesisblock.com/a/82754b484b

    $6K Sierra without MPP vs. $10K with MPP.

    Opening up poll for MPP vs. non-MPP. Please let your opinions be heard & also vote publicly or privately so we can resolve this quickly.

    Pros: non-MPP = lower shares costs by about 40%.

    $69 shares vs. $115 shares (with a promise of up to 200-400% more hashrate).

    =============================================================================================

    Round 3, Breakdown with MPP, $115 shares:

    $10,800 for HashFast Sierra with MPP (1.2TH/s up to 4.8TH/s)
    ~$200 Next Day Early AM Shipping to Miner Host Facility (open to R3 vote)
    ~$300 for UPS/Battery Backup so the BTC keeps flowing during outages of about 20-30 min. (est.), power sags, and power spikes.

    ** We will vote on final share price for those that think 20-30 min. local battery backup is not enough **

    Round 4, Breakdown without MPP, $69 shares:

    $6000 HashFast 1.2TH/s
    ~$200 Next Day Early AM shipping
    ~$300 for UPS/Battery Backup so the BTC keeps flowing during outages of about 20-30 min. (est.), power sags, and power spikes.

    =============================================================================================



    44 42 22 shares available out of 100!
    Reserve your at-cost shares with UPS backup & 2.75% Hosting/Management fees, the lowest around, before they're all gone! We need to get this number down to 25 before sales will begin for the R3 DZ GB.

    If you want to take advantage of this HashFast Flash Sale at the best BTC per GH/s rate, this at-cost GB is THE ONE, and already has quite a bit of momentum in just a few hours.


    Code:
    Round 3: HashFast Sierra Flash Sale. We need to reach 75 Soft Reservations - no BTC or cash paid - before sales begin. 
    Payouts sent every 2 weeks. Before payout, 2.75% Hosting/Management fees are deducted every 2 weeks once operations begin.

    -------------------------------------------------------------------------------------------------------------------------------------------------
    |Shares|    Username     |          Wallet Address             |Share Status|            Additional Optional Shares / Notes                     |
    -------------------------------------------------------------------------------------------------------------------------------------------------
    |  2   |  DyslexicZombei | 17a29H9BhUnaPZgZSdFifPndGxxWQXayuH  |    Pend.   |   7 / Your GB Coordinator / Net. Eng. / Primary Remote Admin      |
    |  2   |  bobsag3        | TBA                                 |    HOST?   | World Class vetted Hosting Avail., W/ Lowest hosting costs        |
    |  51  |  thomas_s       | TBA                                 |    Pend.   | Co-GBC for R3, R2 Co-Op Member, 2 shares donated to others!       |
    |  1   |  Anonymous      | TBA                                 |    Pend.   |                                                             |
    |  1   |  Anonymous      | TBA                                 |    Pend.   |                                                                       |
    |  1   |  Anonymous      | TBA                                 |    Pend.   |                                                                       |


    * 1.5% restock fee for Refunds ** 1.5% fee for optional BTCcrow Escrow protection and dispute resolution. **
    ** Shares available for payment with or without escrow once share price/mfg. is finalized by majority vote.

    PLEASE SEND A PM IF YOU SEE INCORRECT INFO. I'll clean up the Spreadsheet code in a bit. We're all about speed getting set up at the moment. Mahalo!


    ** By agreeing to participate in this Group Buy, you agree to NOT use your money that was primarily meant for: food, clothing, rent/mortgage, short term emergency funds, car payments, insurance, 401(k), IRAs, or children's college funds. These are considered HIGH RISK purchases of hardware, with funds tied up for weeks, and are NOT meant for those trying to "get rich quick." ** We are also not your financial adviser or attorney so use your own careful judgments in all BTC transactions. **
    DyslexicZombei (OP)
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    September 22, 2013, 01:21:34 AM
    Last edit: September 23, 2013, 06:49:27 AM by DyslexicZombei
     #3

    Payments will be sent to the following address:

    1C5R7t1XdVPxUBFUnBWJnRPx7ZMZBgnv7L

    For the duration of the fundraising for this R3 GB for a third HashFast miner, this time at a 22.9% discount!

    Refunds available up until shipment date at a 1.5% restock fee. Please PM me or the new co-GBC when he shows up, for questions.

    Round 3: Please feel free to hold off on payments until if/when we get to the 75 share mark. We're about 80% filled in about 8-10 hours! Payments can begin at your leisure, but hopefully before late Monday night.

    Round 4: Payments begin at 25 reservations left (75% filled soft reservations).

    ====

    =============================================================================================

    Payment Details

    There's two payment options for both R3 and R4:

    Non-Escrowed: direct payment to my wallet address: 1C5R7t1XdVPxUBFUnBWJnRPx7ZMZBgnv7L

    Escrowed: 1.5% additional fee. BTC held by BTCrow until manual release by buyer via refund or to finish a completed pre-arranged pre-order.

    As usual, refunds are available up until unit ships at a 1.5% restock fee. Refunds are understandable in emergencies but are discouraged because of the chaos caused within a GB (the GBC has to float your shares and either keep the shares or try to find a new buyer). Update: If the Entire Group refunds because HashFast fails to deliver 100% of your BTC paid will be refunded (except for escrow fees at BTCrow, if utilized).

    ** Please contact user metal_jacke1 if you're interested in PayPal payments for your shares if you're pressed for time & you need PP4BTC GB shares via his pro services, at a fee for this convenience.

    ==

    After payment, follow up with a PM sent to me with the following details:

    Subject: DZ HF R3 GB, X shares, Y BTC, your username
    Details: Transmission ID on Blockchain, preferred wallet address for miner payouts

    OR

    Subject: DZ HF R4 GB, X shares, Y BTC, your username
    Details: Transmission ID on Blockchain, preferred wallet address for miner payouts

    ===

    Update, tip o' the hat to user Molex1701:

    If you're unfamiliar with GBs, in general: you get 1/100th of whatever hashrate we end up with.

    TL;DR: Your 1 share of approximately $115 would be worth 12GH/s est. to be delivered on Dec. 1. Your est. HashRate per share will likely be 15GH/s after overclocking, thanks to heavy duty A/C capacity at bobsag3;s place in Missouri. I can't guarantee 15GH/s but that's the incremental goal.

    Your 1 share could be worth up to 48GH/s depending on which level of HF's MPP is triggered. We are *NOT* responsible for paying for a 2nd rig out of the co-GBCs pockets. We're also not responsible for late delivery but will seek a total refund if the group votes for this.

    ** If we need to buy a 2nd rig to get to 3.6TH/s or 4.8TH/s: we ALL pay extra for extra hardware according to our share of the miner *if* it's voted that we assemble the miner somewhere instead of selling the extra 3rdX or 4thX chips (assuming we can mount 2X chips in a Sierra). **
    bobsag3
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    September 22, 2013, 01:23:24 AM
     #4

    Dibs on host, + 1 share. Ill pay thru metal when he gets on and have him let you know.
    Also might want to put the $/hash
    thomas_s
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    September 22, 2013, 01:23:38 AM
     #5

    2nd GBC under DZ's tutelage.

    At least 51 Shares.

    I've done 1 rolling GB on the forums selling AM Erupters  
    https://bitcointalk.org/index.php?topic=288673.msg3092090#msg3092090

    and me  being vetted by DZ from a GB that I was going to run but canceled / refunded all orders that had been paid.
    https://bitcointalk.org/index.php?topic=297037.msg3187458#msg3187458

    I also have 2 shares in R2.


    I have already talked to DZ about part of this but I am making it public. After my short time here on the forums I've seen a lot of people making comments trying to help others, and in a few instances scam others but the amount of communication that DZ has + the people he brings on board his team is just something that I've never expected to see.

    The post that DZ made in R2 about another GB member helping a GB member from R1 that was experiencing difficulties in life moved me with the amount of kindness shown to a complete stranger.

    1 of my purchased shares will go to the R1 GB member
    1 of my purchased shares will go to the R2 GB member that at of the kindness of his/her heart gave a share from R2 to the R1 member.



    bobsag3
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    September 22, 2013, 01:24:26 AM
     #6

    2nd GBC under DZ's tutelage.

    At least 51 Shares.

    I've done 1 rolling GB on the forums selling AM Erupters  
    https://bitcointalk.org/index.php?topic=288673.msg3092090#msg3092090

    and me  being vetted by DZ from a GB that I was going to run but canceled / refunded all orders that had been paid.
    https://bitcointalk.org/index.php?topic=297037.msg3187458#msg3187458

    I also have 2 shares in R2.


    I have already talked to DZ about part of this but I am making it public. After my short time here on the forums I've seen a lot of people making comments trying to help others, and in a few instances scam others but the amount of communication that DZ has + the people he brings on board his team is just something that I've never expected to see.

    The post that DZ made in R2 about another GB member helping a GB member from R1 that was experiencing difficulties in life moved me with the amount of kindness shown to a complete stranger.

    1 of my purchased shares will go to the R1 GB member
    1 of my purchased shares will go to the R2 GB member that at of the kindness of his/her heart gave a share from R2 to the R1 member.




    I knew it was you!
    K make that one share paid in BTC, one in fiat thru metal
    thomas_s
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    September 22, 2013, 01:25:27 AM
     #7

    Dibs on host, + 1 share. Ill pay thru metal when he gets on and have him let you know.
    Also might want to put the $/hash
    OMG bob you've beat me in posts every time I post, lol

    edit* and you did it again

    bobsag3
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    September 22, 2013, 01:27:10 AM
     #8

    Dibs on host, + 1 share. Ill pay thru metal when he gets on and have him let you know.
    Also might want to put the $/hash
    OMG bob you've beat me in posts every time I post, lol

    edit* and you did it again


    Im addicted. Dont tell anyone.
    DyslexicZombei (OP)
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    September 22, 2013, 01:48:52 AM
     #9

    2nd GBC under DZ's tutelage.

    At least 51 Shares.

    I've done 1 rolling GB on the forums selling AM Erupters  
    https://bitcointalk.org/index.php?topic=288673.msg3092090#msg3092090

    and me  being vetted by DZ from a GB that I was going to run but canceled / refunded all orders that had been paid.
    https://bitcointalk.org/index.php?topic=297037.msg3187458#msg3187458

    I also have 2 shares in R2.


    I have already talked to DZ about part of this but I am making it public. After my short time here on the forums I've seen a lot of people making comments trying to help others, and in a few instances scam others but the amount of communication that DZ has + the people he brings on board his team is just something that I've never expected to see.

    The post that DZ made in R2 about another GB member helping a GB member from R1 that was experiencing difficulties in life moved me with the amount of kindness shown to a complete stranger.

    1 of my purchased shares will go to the R1 GB member
    1 of my purchased shares will go to the R2 GB member that at of the kindness of his/her heart gave a share from R2 to the R1 member.

    I knew it was you!
    K make that one share paid in BTC, one in fiat thru metal

    Nice! Thanks gents! I humbly thank you for your statements of support.

    ...And welcome to your co-Group Buy thomas_s. for a discounted MPP HashFast Sierra!

    thomas_s. can tell you that we might've been the straw that broke the camel's back as far as this price break out of the blue (+ VMC Board difficulties) & rising net. difficulty. I was pleading my case with John S. at HF that this co-op deserved Institutional Discounts for our 3rd at-cost HashFast Group Buy.

    I wish you all the best & you know that I'm here to help. Please feel free to take the lead on this R3 thread with my support as co-GBC and for any dispute resolution.

    Taking a break but I'll BBL. Cheers!

    Please keep those reservations coming! We only have 3 days to take advantage of this flash sale.
    DyslexicZombei (OP)
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    September 22, 2013, 02:21:53 AM
     #10

    Dibs on host, + 1 share. Ill pay thru metal when he gets on and have him let you know.
    Also might want to put the $/hash

    You're the primary host site for the host site at the moment...but this is a representative democracy and if the co-op votes for someone else, say firsttimeuser who does have 24/7 A/C, Security, and recording in addition to $20/month all inclusive electricity, lives a block or two away, can leave anytime, and is home most of the time, then I would have to cede to the will of the majority in this co-operative since we're a representative democracy (except one that actually gets things done).

    I was trying to help him get a refund or sell one or more of his BFL pre-orders so he may have space for one or more rigs now.

    However, since you're set up as a business entity, my vote goes to you, what little they may be, and only available at the end of voting decisions: for bobsag3 as the primary site for hosting and as someone who's business insured and AFAIK is the only person on the forum that has been double vetted.

    Others can come forward to offer a secondary host site in case of emergencies but I already have a backup host site in mind I will contact if there's more reservations that come forward. You'll have to be vetted by me to serve as a host or backup host for any miner that's purchased by our miner's co-operative or for any clients that come forward for potential hosting with vetted miner hosts in my small but growing index of miner hosts.
    dropt
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    September 22, 2013, 03:16:20 AM
     #11

    Regarding this group buy:

    • What are the details regarding the 1U control unit.  Since this is an added cost (which we don't know the value of) how are you accounting for this in your offering?
    • Regarding the extra hash rate supplied by HF in the event the unit does not ROI in 3 months, what has been included in the share price to address the extra cost of supporting hardware (everything but the chip itself)?  If nothing has been accounted for in this capacity, how will this be handled in the future?  If it *is* included in your share pricing, can we assume that the added share cost(s) will be refunded in the event that ROI is met and the extra hash rate is not provided under HF's MPP?
    • If HF fails to provide extra hash rate in the event the purchase does not ROI in 3 months, is the share issuer prepared to purchase said additional hash rate without extra costs being incurred by the share purchaser?
    tripppn
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    September 22, 2013, 03:33:07 AM
     #12

    So were looking at $113 for 12 GHs?  That is of course if miner protection doesnt kick in

    “You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.”
    ― Frank Zappa
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    September 22, 2013, 03:40:50 AM
    Last edit: September 22, 2013, 03:56:25 AM by DyslexicZombei
     #13

    Regarding this group buy:

    • What are the details regarding the 1U control unit.  Since this is an added cost (which we don't know the value of) how are you accounting for this in your offering?
    This unit's going to be remotely administrated and have issued troubleshooted by 2 veteran pro Network Engineers (albeit 1 that is retired).
    • Regarding the extra hash rate supplied by HF in the event the unit does not ROI in 3 months, what has been included in the share price to address the extra cost of supporting hardware (everything but the chip itself)?  If nothing has been accounted for in this capacity, how will this be handled in the future?  If it *is* included in your share pricing, can we assume that the added share cost(s) will be refunded in the event that ROI is met and the extra hash rate is not provided under HF's MPP?
    • If HF fails to provide extra hash rate in the event the purchase does not ROI in 3 months, is the share issuer prepared to purchase said additional hash rate without extra costs being incurred by the share purchaser?

    thomas_s. can chime in & add or correct things as needed but as the IT Technical Lead on R3:

    1. We aren't budgeting for a 1U control unit. I think that's a luxury for just 1 Sierra at this point. We're only looking for a barebones purchase at rock bottom prices. We'll cross that bridge if we're somehow lucky enough to get there. The addition will unnecessarily add to the barebones at-cost share price for little benefit, IMO, at least at this point w/ just 1 or 2 HF units being hosted at bobsag3's pro colo location in Missouri. Edit: dropt pointed out the need for a 1U Control Unit for the Sierra. This helps show why more brains are better when attacking a problem.

    2. Absolutely NO extra cost of supporting hardware is included in this share price. It's possible there's upgradeability built into the Stock Sierra (Baby Jets are supposed to be able to take a 2nd chip on the mobo). There may be an extra cost associated with having to buy a 2nd rig for 3 or 4 chips. We'll have to share the pain of this extra costs if we want the doubled or quadrupled hashrate. It is, what it is as far as breakdown of share price.

    3. Nope. I/we are already intending to pay extra UPS/Battery backup costs over and above this ultra barebones share price offer, that is at cost, if we underestimate UPS/Battery Backup costs WRT share price. We share the benefits. We also share the pain of additional new hardware for new rigs in this co-operative.

    We'll be insured for delivery, during operations, and during outbound shipments FWIW. Cheers!

    EDIT: Thank you to user dropt who pointed out the requirement for the 1U unit! Share prices *will* be adjusted accordingly, slightly.

    Thanks dropt!
    DyslexicZombei (OP)
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    September 22, 2013, 03:49:23 AM
     #14

    Ha, they don't even list the price for a 1U Control Unit.

    Anyone know this cost?

    This share price will adjust accordingly based on the cost of the 1U Control Unit and if we go for a beefier UPS/Battery Backup solution (by majority vote).

    BBL, taking a break. Please be patient. I'll get to PMs in a bit & have a few waiting. I want to address each PM w/ the time and attn. that they deserve. Please feel free to PM thomas_s. as well. We are co-GBCs on this R3 GB with me covering the PM shift for the US while based in Hawaii, and Thomas covering the AM shift from the East Coast.

    Thanks!
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    September 22, 2013, 06:12:16 AM
     #15


     Huh Huh Huh


    This OP is quite confusing.   What is that we are buying and its it for the $113?  When will it start mining?   I don't know why these people that do group buys put in a lot of text that doesn't seem to mater.   I would want how much, for how much g/hash and when it mines.

    Thanks
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    September 22, 2013, 06:36:54 AM
    Last edit: September 22, 2013, 10:58:26 AM by DyslexicZombei
     #16


     Huh Huh Huh


    This OP is quite confusing.   What is that we are buying and its it for the $113?  When will it start mining?   I don't know why these people that do group buys put in a lot of text that doesn't seem to mater.   I would want how much, for how much g/hash and when it mines.

    Thanks

    Well, I'm sorry if I made assumptions to anyone new to my co-op or my services.

    If you're unfamiliar with GBs, in general: you get 1/100th of whatever hashrate we end up with.

    TL;DR: Your 1 share of approximately $115 would be worth 12-15GH/s est. to be delivered on Dec. 1.

    Your est. HashRate per share will likely be 15GH/s after overclocking, thanks to heavy duty A/C capacity at bobsag3's place in Missouri. I can't guarantee 15GH/s but that's the incremental goal without risking destroying our rig as we monitor temps and fan speeds closely for Overclocking. Fortunately, HashFasts are *supposed* to be very good at Overclocking w/ excellent cooling; the cooler, the better.

    Your 1 share could be worth up to 48GH/s (prior to Overclocking) depending on which level of HF's MPP is triggered. We are *NOT* responsible for paying for a 2nd rig out of the co-GBCs pockets.

    ** If we need to buy a 2nd rig to get to 3.6TH/s or 4.8TH/s: we ALL pay extra for extra hardware according to our share of the miner *if* it's voted that we assemble the miner somewhere instead of selling the extra 3X or 4X chips (assuming we can mount 2X chips in a Sierra). **


    ===

    Look: this shit's complicated sometimes. I tried to simplify it as much as possible while being a speedy m'fer for y'all (pardon my French). Thanks for pointing out where it gets too complicated. Forest, trees, & all that.

    Just know you ain't getting ripped off with your at-cost shares & I'm giving you access to the same type of pricing and values that guys that have tens of thousands of dollars get. These things aren't easy for anyone to organize at short notice so please be my guest if you think you can do a better job to try to organize co-fundraising $12K in less than 3 days, at a lower cost then what I offer in this thread with my co-GBC.

    I know I don't have cash/BTC on-hand to buy a $10K miner just for fun when I'm already invested in 5 diff. ASIC miner pre-orders, including this one, 401(k)s, college educations for groms, etc., etc..

    **Price breakdown update:

    Est. $200 for a 1U Control Unit
    20-30min. UPS/Battery Backup purchase at-cost or discount
    2.75% management/hosting fees paid every two months, world's lowest fees
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    September 22, 2013, 06:40:02 AM
     #17

    Just in case anyone missed my addition to the 2nd post:

    ** By agreeing to participate in this Group Buy, you agree to NOT use your money that was primarily meant for: food, clothing, rent/mortgage, short term emergency funds, car payments, insurance, 401(k), IRAs, or children's college funds. These are considered HIGH RISK purchases of hardware, with funds tied up for weeks, and are NOT meant for those trying to "get rich quick." ** We are also not your financial adviser or attorney so use your own careful judgments in all BTC transactions. **

    ==


    Also: 2 more shares reserved!

    1 share for a R1 gent back for more, and 1 more share for me.  Smiley

    42 shares available.
    bobsag3
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    September 22, 2013, 06:59:45 AM
     #18

    Idealy I am working on getting enough funds by monday to maybe be able to buy 2-3 of these my self, in addition to what ever shares I buy here. Prices are just too good.
    DyslexicZombei (OP)
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    September 22, 2013, 07:08:50 AM
     #19

    Idealy I am working on getting enough funds by monday to maybe be able to buy 2-3 of these my self, in addition to what ever shares I buy here. Prices are just too good.

    So...shall I put you down for 1 more share? You can always donate blood or some of the underpants navy for cash somewhere right?  Wink  Cheesy

    Thanks FCTaiChi! I owe him 0.1 BTC when he finally goes to GH/s instead of MH/s (for everyone's sake): http://decentralizedhashing.com/hashfast-group-buy-3-day-sale-23-sierra/

    Latest ROI analysis from FCTaiChi w/ new Flash Sale pricing: now #1 value option on his chart. Hmm, we just happen to have over 60% of one already soft reserved and a lot of the funds in place or almost in place. Just sayin.  Grin
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    September 22, 2013, 07:21:46 AM
     #20

    Thanks your explanation helped.   I'm new to group buys.  I've done one for a few Asic usb miners and one for 5 g/hash in a miner.  This would certainly be a more complicated one for me.

    I'll be thinking about joining this one while this sale is on.

    Good day.
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