[CLOSED] R11:BLACK ARROW Bullet Run w Bitfury. 40% off. $123=8-10GH Nov. 1

[DyslexicZombei]

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To reserve shares automatically and for easiest spreadsheet export,
please visit the new DZ Miners Cooperative website.

www.dzminercoop.com

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10/30 PM Update: Our Bullet Run Black Arrow boards cleared customs in Kentucky! They arrive in Missouri tomorrow.

We still have 40 shares available in R11. Round 11 is closed.

If we run out of stock, please go ahead and still place an order as backorders are allowed and will be fulfilled. Once 100 R11 shares are all sold out, any additional PAID R11 shares will be automatically moved to an R12.


10/28 Update, boards are due for shipment TONIGHT. We expect a tracking number shortly. Latest pics from prototype testing:

http://i286.photobucket.com/albums/ll87/SurfSkateKauai/IMG_9931_resize.jpg
http://i286.photobucket.com/albums/ll87/SurfSkateKauai/IMG_9930_resize.jpg

10/26 Update: We have a shipping estimate update. These boards are due for shipment in the next 24 hours and is scheduled for delivery to Missouri. They will be installed and running ASAP: bobsag3 will be joined by 2 EEs and a CE on that first day, in order to help get miners up and running quickly.

THIS IS NOT A PRE-ORDER. THIS BULLET RUN BATCH IS ALREADY IN PRODUCTION nearly complete.

New Pics from Black Arrow Bullet Run: http://m.imgur.com/P7704wy,xsYKb6n,MJvxwfp,QPE3Hc4,ttKt34i,WcQq3kC,MCWkVXY,BLdzwk7

10/25 update. World's first pics of fully populated Black Arrow Bitfury Prosperos: http://ecointalk.net/gallery/image/61-img-9928/

Ladies and gents: we appear to have another Flash Sale type situation!
Except this one is even better because it's being offered 40% cheaper than elsewhere,
and shipping is GUARANTEED by November 1 OR WE GET OUR MONEY BACK.
This is an EXCLUSIVE OFFER just for the DZ MC. Confirmed by Black Arrow in R9: https://bitcointalk.org/index.php?topic=311465.msg3357314#msg3357314

bobsag3, one of the DZ MC leaders and our primary vetted miner host who runs a professional insured ASIC colocation facility called Miner Hosting LLC, is now an Official US Reseller for Black Arrow! Congrats Bob! http://www.blackarrowsoftware.com/store/usa-reseller.html

Because of this: he is offering us first access to BELOW COST prices on Black Arrow's Bullet Run using Bitfury chips!

R11 Product Link: http://www.dzminercoop.com/?product=r11-40-off-black-arrow-bullet-run-with-bitfury

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We will be getting the very first Black Arrow miners over *THREE MONTHS EARLIER* than Black Arrow's official launch on February 24 (using their 100GH/s Minion chip instead). Bob's paid a hefty premium to get this done in a jiffy and production is ongoing as you read this. I won't mention the assembly partners yet (perhaps bobsag3 can shed light on this) but I consider them to be trusted forum members/manufacturers with good reputations who have already handled a lot of business. I also have a prior relationship with the assembler from other co-op and forum related work.

This offer is at least 40% less expensive than the closest comparable Bitfury 41.7GH/s deal
in the same delivery window of early November.

For Round 11: We will be doing 20 Bitfury boards capable of 41.7-50GH/s each, for a hashrate of 834GH/s up to 1000GH/s.

100 shares will be offered. 1 share is worth 1/100th of the machine's hashrate.

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Ergo: 1 share = $123 = 8.34 - 10 GH/s + 20 min. UPS backup +
1 month free hosting thanks to bobsag3 with the world's least expensive professional insured ASIC hosting
+ TO BE SHIPPED NOVEMBER 1, 2013 OR YOUR $/BTC BACK!

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100 shares available!*

* 10/27 update: All previously purchased R11 shares have been moved to R10, as we had 50 shares drop out due to difficulties in obtaining BTC by the Buyer. We will open up this round once the 24 R10 shares remaining have been sold.

Please visit the newly re-opened R10 round if you're interested in Black Arrow Bullet Run shares that are scheduled for a Wed/Thursday (10/30 or 10/31) delivery: https://bitcointalk.org/index.php?topic=313065.0;all

Target machine is a BLACK ARROW Bullet Run using already delivered Bitfury chips, with boards in production THIS MONTH, instead of their own 100GH/s Minion chips in late February: http://www.blackarrowsoftware.com/store/prospero-x-1.html

If you missed out on Round 9 and Round 10: no worries!

Round 11 will arrive the same day as R9/R10 to Miner Hosting LLC, bobsag3's professional ASIC specific colocation facility with business insurance and the world's lowest hosting/management fees at 2.75%. The DZ MC is the premier customer at this facility and was designed with my input as a Network Engineer.

Bitfury 16x board (Qty. 20, 834-1000 GH/s):

Size: 134.5 x 120.5mm
Output power: up to 80A
Input Voltage: 12V
Output Voltage: 0.7-1.0V (default @0.9V)
4 x Heatsinks
2 x Fan
SPI conneciton through flexible flat cables.
Power switch
Fused
On/off led









More pics at: http://s286.photobucket.com/user/SurfSkateKauai/library/?sort=3&page=1

Target hashrate for Round 11 is 834GH/s 1,000GH/s+ with 100 shares issued. If there's additional demand for 40% below-cost Black Arrow BitFury shares, we can accommodate oversales. We have extra A/C cooling so we can incrementally push hashrate further than normal.

40% (or more) Below-cost Share price is: $123 for 8.34 - 10GH/s, shipping November 1 or your $/BTC back! In addition: these BTC funds will *NOT* be touched until the boards are hashing or if refunds are necessary (in which case, you *still* get to keep the FREE hashrate after the refund!).

Hosting/Management fees are applied during payouts every 2 weeks, and are the world's lowest professional hosting/management fees at only 2.75% For Round 11, the first month of hosting is FREE* (* a 0.5% management fee still applies). Thanks Bob!

Your share includes an estimated 20 minutes of power protection built into the below-cost share price. Power protection from outages, sags, and spikes come from an APC UPS with Battery Bank to keep the BTC flowing during short power outages. The DZ MC has even purchased an additional A/C unit for extra cooling, and a Gas Generator for longer outages. DZ MC miners will be run in an extra cold, enclosed A/C cooled cabinet built by bobsag3 and other engineers at his pro colo facility.

This R11 BLACK ARROW Bullet Run deal using Bitfury chips is EXCLUSIVE TO THIS COOPERATIVE. You will *not* see these low prices *anywhere* else and you will *not* see Black Arrow miners elsewhere on the GB forum at this time. You will be getting early November access to the very first Black Arrow Bullet Run Prosperos running Bitfury chips, instead of Minion chips in February. These boards are even going through weekend assembly to meet the shipping deadline.

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DZ Miners Cooperative Roles for this R11 GB:

thomas_s : Primary GBC for Rounds 5-10. Vetted Co-GBC during R3/R4. R2 member.  Set up Online Auto Reservations for the co-op! Thank you! Send BTC payments to our website and questions for R11 to thomas_s .  PM thomas_s please for anything related to reservations or payment details.

DZ : Co-op Founder / overall coordinator of the Cooperative, background role for R11. Overseeing payouts and Primary admin for Co-op miners. John K. Escrow vetted. Win/Win Deal maker, 3 at-cost or below-cost Miner Buyouts engineered.

-Redacted- : Vetted Co-GBC and remote admin for DZ MC. Also: DZ Miners Cooperative Boxed Set owner in R1-R10!

jungle_dave : Vetted Co-op member and Former Electrical Engineer / Network Engineer. Backup Admin for co-op miners.

bobsag3 : Vetted Co-op member. 2.75% hosting fees for vetted miner hosting at a professional colocation hosting facility in Missouri! Lowest fees around. OFFICIAL U.S. RESELLER FOR BLACK ARROW. Giving 1st month of miner hosting for free! (0.5% Management Fee still applies)

unknown.usr, mootinator, thomas_s, -Redacted- : Software programming and software support.

==

If you have questions as to how this whole darn at-cost, Democratic Miners Cooperative that's also a mesh network works, please send me a PM or state your concerns publicly as there's nothing to hide in this co-op.  

Only hurtful or trolling posts will be deleted as we welcome all valued opinions, insights, concerns, and improvement ideas to improve our at-cost (or even below cost) cooperative of about 50-60 members (so far).

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Image Credit:   Original Image  

                                      _.====.._
                                    ,:._             ~-_
                                        `\              ~- _
                                           |   _    __.       `.
                                         ,/   /  \    /           ~ - _
                     ..__..-..__...-      /__/  /__                `_ ~~--..__... DZ's Miners Cooperative, Round 11 ..."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%

65-70 members: 1 Scientist, 7 admitted IT Pros, 3 Network Engineers, 3 Electrical Engineers, 2 Finance Employees, 6 GB Coordinators, multiple vetted host sites.*

*Note: A listing above does not necessarily indicate that this person runs or contributes to the running of the co-operative, but many of the pros listed have made their services available to the co-operative.


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This Co-operative is led 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 other remote administrators are jungle_dave who is a former Electrical Engineer and Network Engineer and -Redacted- a UNIX guru and veteran miner. Our local/remote admin is bobsag3, who is also an IT veteran. There are 5 leaders in the DZ MC, with thomas_s and I doing the actual running of the Cooperative. 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. Vetted GB Coordinators are encouraged to team up to increase buying power and close out Group Buys quicker. 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 MC in last 7-8 weeks: $87K
- Approx. value of DZ ebay ASIC sales (including 10 ebay shares for 3 GBs, worth $1.4K) since Aug.1 : $3.9K

- Several new GBCs and Bitcoin Miner Hosts vetted for free, and several scams pointed out on two BTC related forums.
- Number of HashFast miners: 2 Baby Jets with paid upgrades, 2 Sierras, 4TH/s+ Total
- Number of KnC miners: 2 Jupiters, 800-1200GH/s.
- Number of Bitmine miners: 1 Rig, 2 Rounds so far, 1.4TH/s, up to 2.5TH/s+
- Number of Black Arrow miners: 40 boards, 1.7 - 2TH/s+
- Total Ordered HashRate: 8.2 TH/s+ Total
- Online Auto reservation system tailored for Group Buys thanks to vetted GBC thomas_s!

- Server grade UPS units, a DZ MC gas generator, and a DZ MC Air Conditioner just for our miners in a custom cooled cabinet built by bobsag3, which will allow us to provide a perfect home to explore Overclocking for DZ MC ASIC miner rigs.
- New! A sixth GB Coordinator has joined the co-op! He's a VP of his own small oil company in Texas and is helping us to cook up a couple of future projects. Welcome Aboard!



-Data current as of 10/28/2013.
Last order paid: Round 8, Bitmine Rig 800GH/s

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[DyslexicZombei]

Round 11 Payment Details (Similar to R7-R10, for the most part)

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BTC Payments will be directed to thomas_s via our site for R11 but I will have co-admin to this wallet for auditing or for payments if we're in a rush. We've worked together on 8 different Group Buys with great success including 2 of the fastest GB sellouts in the forum's history for Industrial class Rigs.

http://www.dzminercoop.com/?product=r11-40-off-black-arrow-bullet-run-with-bitfury

For US Customers: for a 3%  fee for USD conversion to BTC, we recommend: www.cashintocoins.com a FinCen compliant MSB who can get BTC sent to the wallet address you want in as little as 15 minutes to an hour.

For Intl. Customers: We are still exploring suggestions for inexpensive BTC conversion but I can recommend www.bitstamp.net at this time as that's the exchange rate used by our payment processor.

PayPal payments (UPDATE): If payment is being made by Paypal place an order on the site and place a note on the order when you place it saying you're paying by paypal...then give whoever you are buying BTC from the order # and the payment address. Please make sure to send it as a gift to "friends and family." This helps keep your share prices as low as possible (no PP fees) and well as protects us against illegal chargebacks after BTC deposits have already been paid out in November. Sorry, this is no longer available. This payment method is "sold out."

If there's any concerns about registering your payment, please follow up with a PM to Thomas or a support ticket. There's two methods to resolve this:

A. Send a support ticket on our website www.dzminercoop.com

OR

B: PM to thomas_s on this site

Subject: DZ HF GB R11, x shares, x BTC
Details: Please include Tx ID, your wallet address for payout, and any concerns you may have about your transaction(s)

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thomas_s -  Primary GBC for Rounds 5-10. Co-GBC during R3-R7. R2 member. Send BTC payments and questions for R11 to thomas_s . Set up Online Auto Reservations for the co-op!

DZ - Need escrowed Group Buy shares? For a 2% extra fee you get 3rd party fund holding, dispute resolution, and $500 insurance per transaction at BTCrow. [DISCLAIMER: I, DyslexicZombei, am an approved Escrow Affiliate at BTCrow.] Please PM Carbon Copy thomas_s please prior to escrow payment.

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NEW! 10/18 UPDATE from Thomas:

"Bobsag3 will be accepting wire transfers (for 20+ shares) and chase quick pay (any quantity of shares). and credit cards by Square https://squareup.com/market/miner-hosting-llc/share-r-bitfury-gh-s-min-ups-backup

10/21 Update: Square decided apple bobbing is better than providing service to their customers because Bitcoin = Scary = Eating Square's lunch. They'd rather be run over by the BTC train instead of hopping on to take advantage of a much cheaper remittance infrastructure.

CC payments are currently suspended; we're working on something more long term. Fortunately, Thomas S. works in finance.

Thomas_s will be accepting TD bank and CitiBank (USA) checks (any quantity of shares). At this time no other banks checks are being accepted.

*These payment options are only available for Rounds that don't need BTC conversions. (At the moment the only open Round(s) are 8 and 11)

I've also located the reason for the zombie rounds...apparently there is a bug in the site where it reduces the stock when the order is placed and when it is paid.

The updates on the forum were going by what the site displayed which was effectively doubling what was actually sold so that's where those shares magically popped up from"

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Thomas is handling questions and collecting payments for R11 via our site (unless you require Escrow, in which case you can PM me). He set up the automated reservation site and the GB with my input. Great work Thomas, and it's definitely an improvement over me trying to keep up w/ an avalanche of PMs and payments.  

I will still handle or assist in:

- Ordering
- Shipping details
- (Optional) Escrowed GB shares for those that insist on Escrow Protection from a 3rd party for: holding BTC funds, post-sales dispute resolution, $500 insurance per transaction at 2% extra cost to share price. Semi-automated Escrow is done thru BTCrow.
- Remote miner setup
- Remote troubleshooting/
- Incremental overclocking
- Payouts or assist in payouts
- Auditing hashrate vis-a-vis payouts
- Dispute resolution and arbitration, if necessary. [Should be rare as we're all adults that don't need to yell. ]

Refunds: If we can't raise the funds to buy the full 800GH/s, we'll just order smaller modules with less hashrate. Refunds are discouraged because of the chaos caused in Group Buys, but if necessary, you will be refunded before the miner ships, at a 1.5% restock fee. After the miner ships, no refunds are available.

By sending payment, you agree to these Refund terms before purchase.

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NEW (10/21) Share Ownership Transfer Fee: There is now a 0.75% Ownership transfer fee if you're buying someone else's DZ MC co-op shares. We put a ton of time, money, and BTC to offer the GB community many of the world's best at-cost and below-cost deals. Refunds and share transfers cause chaos and extra work for us.

This 0.75% share transfer fee *MUST* by paid by the new owner before we will transfer share ownership.

[philipma1957]

I will keep an eye on this buy. I may get 2 shares of it.  coinbase got over 200 usd this morning

[Fiyasko]

I will keep an eye on this buy. I may get 2 shares of it.  coinbase got over 200 usd this morning

My thoughts exactly

[pciccone]

Order# 318 has 2 shares on it from me. Same payout address across the board.

Thanks again.

Phil

[DyslexicZombei]

Order# 318 has 2 shares on it from me. Same payout address across the board.

Thanks again.

Phil

Hi Phil,

Thanks! I do believe that you're a "repeat offender" so: Welcome Back! 

I know that there's more sales then this but for now, until we confirm any other orders:

98 shares available.

[DyslexicZombei]

97 shares available.

[Tiennou74]

Hey guys,

When will R9-R11 will start hashing? ( i know shipping is suppose to be before november)
I have many on-hold orders, if I make the payment to any of them (including R9) will they be valid?

Thanks

[thomas_s]

Hey guys,

When will R9-R11 will start hashing? ( i know shipping is suppose to be before november)
I have many on-hold orders, if I make the payment to any of them (including R9) will they be valid?

Thanks

R9 is already sold out, you get placed on a spreadsheet when the order is paid, any on-hold order payment address was most likely reused and the site will not recognize your payment for your old order.

The only way to make the site keep your payment address and order tracked seems to be sending a partial payment to hold that order open if the site detects no payment / an unused address it will issue the address to a new order.

Last I've heard we should have our first payout for R9-11 on Nov. 15th as we do payouts twice a month on the 1st and 15th, maybe a payout on the first if we mined enough BTC.

[DyslexicZombei]

Hey guys,

When will R9-R11 will start hashing? ( i know shipping is suppose to be before november)
I have many on-hold orders, if I make the payment to any of them (including R9) will they be valid?

Thanks

R9 is already sold out, you get placed on a spreadsheet when the order is paid, any on-hold order payment address was most likely reused and the site will not recognize your payment for your old order.

The only way to make the site keep your payment address and order tracked seems to be sending a partial payment to hold that order open if the site detects no payment / an unused address it will issue the address to a new order.

Last I've heard we should have our first payout for R9-11 on Nov. 15th as we do payouts twice a month on the 1st and 15th, maybe a payout on the first if we mined enough BTC.

The first payouts would occur 2 weeks after the boards are running.

The boards are guaranteed to be shipping by Nov. 1 or our money/BTC will be refunded. It doesn't necessarily mean that they'll arrive by this date.

However....things are looking promising.

Here's the latest pictures taken today. Fully populated Black Arrow Bitfury Prosperos,

http://ecointalk.net/gallery/image/61-img-9928/

[DyslexicZombei]

96 shares available.

[aigeezer]

I like your style so I just ordered 2 shares to test the waters, order #332.

[thomas_s]

I like your style so I just ordered 2 shares to test the waters, order #332.

I'm so happy you ordered the way you did, no need for me to do math of how much goes into R8 / R11's wallets.
R11 has one order.
R8 has another.

[DyslexicZombei]

I like your style so I just ordered 2 shares to test the waters, order #332.

Thanks aigeezer! Welcome aboard!

This co-op only runs smoothly because we share the work load and let the best person handle the job for whatever task is at hand. There is no way that this co-op would be where it is today without thomas_s, bobsag3, -Redacted-, jungle_dave, firsttimeuser, philipma1957, mootinator, and unknown.usr, so essentially: you like our style.  

I'll update numbers further for R8/R11 when I get back home tonight.

==

94 shares available.

[madpoet]

Bleh was going to jump on the PP method but I see it sold out.  Working to get some funds transferred over to pay with BTC I guess.  Wanted to grab 2 shares.

[Tiennou74]

is R10 actually closed or just waiting for people to pay?

Is there a deadline for R10/R11?

[mootinator]

I'd probably jump on this one if getting bitcoin out here on short notice weren't nearly impossible.

[thomas_s]

I'd probably jump on this one if getting bitcoin out here on short notice weren't nearly impossible.

Where are you? We have from what I can tell the most payment options in any GB.

[madpoet]

Doing my best to get some bitcoin myself.  Missed the banks for cashtocoins today.  Mad at myself for missing the PP option.

[nicksmith]

In for 5 shares, order #338 and paid. THanks!