Black Arrow R9-12 threads, DZ Miners Co-op. Plz move ?s and discussion here.

[tgbtg_2013]

Here are the numbers from http://bitcoinwisdom.com/bitcoin/difficulty and http://www.bitcoinx.com/profit/. This is based on a Nov. 1 start date with full hash power.

Difficulty History date range                24 hour BTC         Total BTC for the period             Difficulty for date range
Nov 1 - 4                                           4.2968                         17.1872                              390,928,788

Nov 5 - 16                                         3.2876                         39.4512                              510,929,738

Nov 17 - 28                                       2.7560                         33.072                                609,482,680

Nov 29 - Dec 6                                   2.3745                        17.808                                 707,408,283



Expected BTC to date: 107.5184

Gross Revenue:       89.5411

Current short fall:        -17.9773

Just a quick run of the numbers that are not 100% accurate but are close.

[philipma1957]

I think they put in some btc .  but I forget if the btc added was for r9 to r12  or r5 -r6

 I think 7btc was placed in  just do not remember which set of rounds  was btc put in.  

this log jam has made me be less eager to drop coin for 10 shares on r17 since the same company may make the same shortfall.  on those 40gh shares.

[redphlegm]

I think they put in some btc .  but I forget if the btc added was for r9 to r12  or r5 -r6

 I think 7btc was placed in  just do not remember which set of rounds  was btc put in.  

this log jam has made me be less eager to drop coin for 10 shares on r17 since the same company may make the same shortfall.  on those 40gh shares.

7 BTC was for r9-12 (it's a couple pages back, I think).

[philipma1957]

I think they put in some btc .  but I forget if the btc added was for r9 to r12  or r5 -r6

 I think 7btc was placed in  just do not remember which set of rounds  was btc put in.  

this log jam has made me be less eager to drop coin for 10 shares on r17 since the same company may make the same shortfall.  on those 40gh shares.

7 BTC was for r9-12 (it's a couple pages back, I think).

so we may be short 10 not 17 btc  correct?

[bobsag3]

I think they put in some btc .  but I forget if the btc added was for r9 to r12  or r5 -r6

 I think 7btc was placed in  just do not remember which set of rounds  was btc put in.  

this log jam has made me be less eager to drop coin for 10 shares on r17 since the same company may make the same shortfall.  on those 40gh shares.

7 BTC was for r9-12 (it's a couple pages back, I think).

so we may be short 10 not 17 btc  correct?

yeah the 7BTC was in 9-12.

BTW im in china now.

[madpoet]

Ok, so that definately gets us closer but the hash rate is suffering still   Hope you can clear it up with them.

[madpoet]

Putting my shares where my mouth is, I put them up for sale here:

https://bitcointalk.org/index.php?topic=361134.0

If they sell, great.  If not I am ok with that too

[testerx]

I think they put in some btc .  but I forget if the btc added was for r9 to r12  or r5 -r6

 I think 7btc was placed in  just do not remember which set of rounds  was btc put in.  

this log jam has made me be less eager to drop coin for 10 shares on r17 since the same company may make the same shortfall.  on those 40gh shares.

7 BTC was for r9-12 (it's a couple pages back, I think).

so we may be short 10 not 17 btc  correct?

The revenue page reflects the added BTC actually so you can't subtract 7 when figuring out the shortfall.

[philipma1957]

I think they put in some btc .  but I forget if the btc added was for r9 to r12  or r5 -r6

 I think 7btc was placed in  just do not remember which set of rounds  was btc put in.  

this log jam has made me be less eager to drop coin for 10 shares on r17 since the same company may make the same shortfall.  on those 40gh shares.

7 BTC was for r9-12 (it's a couple pages back, I think).

so we may be short 10 not 17 btc  correct?

The revenue page reflects the added BTC actually so you can't subtract 7 when figuring out the shortfall.

 It is why I asked as I was not quite sure about it.

[testerx]

I think they put in some btc .  but I forget if the btc added was for r9 to r12  or r5 -r6

 I think 7btc was placed in  just do not remember which set of rounds  was btc put in.  

this log jam has made me be less eager to drop coin for 10 shares on r17 since the same company may make the same shortfall.  on those 40gh shares.

7 BTC was for r9-12 (it's a couple pages back, I think).

so we may be short 10 not 17 btc  correct?

The revenue page reflects the added BTC actually so you can't subtract 7 when figuring out the shortfall.

 It is why I asked as I was not quite sure about it.

Yeah I was answering, I'm pretty sure they put in the 7 to the numbers before giving out the first payment.

[testerx]

Just got the e-mail about the offer...very interesting

[nicksmith]

Just got the e-mail about the offer...very interesting

Same, but without knowing the btc amount I can't make a decision, I am not here for USD.

[thomas_s]

BTC price will be computed on the day of the sale based on the bitpay rate.

[trinsic]

Will R17x still be open once these are sold?

[redphlegm]

I'd also like to understand the alternative plans if we don't accept the offer. bobsag3 has indicated that he has some other things to try - such as replacing the Pi with something a little more robust. I'm curious what the time frame is on it though. He's in China - but who is holding down the fort while he is gone? How long will he be gone? Are there any possibilities for replacement of the bad boards since he is presumably visiting BlackArrow while there and is likely discussing possibilities (among other things). I'm not in this for the USD either (as nicksmith indicated earlier) but if we are going to just keep chugging along at a significantly reduced hashrate with no possibility of it going back to the nominal rate, that sort of changes things a bit for me. A clear outline of possibilities at this point, DZ / Thomas, would be helpful for making the determination on whether to sell or not.

[redphlegm]

Will R17x still be open once these are sold?

I took a look at r17 - is there an estimated date of hashing? I couldn't find that anywhere.

Edit: after digging a little, I was able to find that BA is supposed to ship them in February. Presumably hashing would happen almost immediately after shipment given the history of this batch (r9-12).

[thomas_s]

For the people who want to wait to vote this is possible, voting ends on Dec. 14th.

bobsag3 comes back on Tuesday I believe.

[Vagnavs]

I liked to be paid in BTC.
that's what I paid. It is there a way to see the vote count?

[thomas_s]

I liked to be paid in BTC.
that's what I paid. It is there a way to see the vote count?

There is no way to see the vote count, BTC will be paid but it will be calculated at time of sale. If you don't want to sell and get 287.50 usd worth of BTC at the time of the sale vote no.

[philipma1957]

I got the email I voted I have 11 shares.

287 a share is better then 180  a share ..

So to those that resisted  the earlier offer you gain  around 100 usd  a share.

It would be nice for people to vote early since 201 votes either way makes the decision done.

 I can see waiting to see next diff  adj which would be  on wed morning the 11 or late tues.

here are two estimates for diff rise

***********************************************************************************
707,408,283  now


908,255,612 (+28.39%)  in 264 blocks   http://bitcoinwisdom.com/bitcoin/difficulty

*************************************************************************************
Difficulty  707408283   now

Estimated   888112465 in 263 blks   (+25.55% )           http://bitcoincharts.com/

***************************************************************************************

On the  6th -7th  of dec I made  6 purchases on coinbase :

 .40 btc  for $283.98            = 709.95 usd     10:23 pm
 .40 btc  for $247.53            =  618.82 usd    11:12 pm
 .20 btc  for $130.34            = 651.70 usd     11:31 pm
 .20 btc  for $120.54            = 602.70 usd     11:44 pm
 .30 btc  for $171.04            = 570.13 usd     11:50 pm  
 .29 btc  for $184.68            = 636.82 usd     12:10 am


this is a shitload of volatile movement for 2 hours time.

I am not done.

 I sold on the 7th of dec 

0.38 btc  for  307.53     =  809.28 usd   4:10 am
1.0 btc   for   809.68    =   809.68  usd  4:13 am    so coins moved from a low of 570 to a high of 809 in 6 hours.

If I  get 287 a share  x 11 shares = 3157 usd   for me

 and 400 shares = 114,800  for the whole sale.  

   I ask for  notice   before you send me coins.  So I can cash them very quickly if I want to do so.