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

[thomas_s]

Thank you for being transparent!
Ok this makes the decision very easy in my mind. Can we all agree to these terms?

• All current votes that have been submitted should be cancelled
• When the GB leaders get what they consider a concrete offer that offer should be submitted to the GB members as a new vote

This in no ones fault we have some hardware that is acting up. We have people busting balls to make up the difference and being transparent about the current offer on the table.
My thought was the hardware changed so it was logical that the bid would change. Based on all of this the current submitted votes should be null and void and the sale at least be postponed.
If we get a total hash rate that we can sell as a chunk even if it is desperate hardware that makes the total hash rate we should vote again.

We need input from Bob and from GB members on this please speak up.
DBA

My thoughts were similar to someone who answered the survey from R5/6, "less democracy let the GBC's make the right decision for us", while democracy is all well and good sometimes its better to not have to vote when there is a good offer on the table, or something time sensitive.

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[philipma1957]

Thank you for being transparent!
Ok this makes the decision very easy in my mind. Can we all agree to these terms?

• All current votes that have been submitted should be cancelled
• When the GB leaders get what they consider a concrete offer that offer should be submitted to the GB members as a new vote

This in no ones fault we have some hardware that is acting up. We have people busting balls to make up the difference and being transparent about the current offer on the table.
My thought was the hardware changed so it was logical that the bid would change. Based on all of this the current submitted votes should be null and void and the sale at least be postponed.
If we get a total hash rate that we can sell as a chunk even if it is desperate hardware that makes the total hash rate we should vote again.

We need input from Bob and from GB members on this please speak up.
DBA

My thoughts were similar to someone who answered the survey from R5/6, "less democracy let the GBC's make the right decision for us", while democracy is all well and good sometimes its better to not have to vote when there is a good offer on the table, or something time sensitive.

  this.   my position is  I agree with this.    heres the bottom line the 3 or 4 top guys running this could have walked away with a shitload of coins and fucked us all.  well they have not done this.   So I am going with the idea that they won't fuck us and run.

 I rather they tell me boom we did this move then to have endless talks here with a keyboard and a beer in my hand.


BTW you reopened r17 and I grabbed a 3rd share.

  

[Ridicuss]

Thank you for being transparent!
Ok this makes the decision very easy in my mind. Can we all agree to these terms?

• All current votes that have been submitted should be cancelled
• When the GB leaders get what they consider a concrete offer that offer should be submitted to the GB members as a new vote

This in no ones fault we have some hardware that is acting up. We have people busting balls to make up the difference and being transparent about the current offer on the table.
My thought was the hardware changed so it was logical that the bid would change. Based on all of this the current submitted votes should be null and void and the sale at least be postponed.
If we get a total hash rate that we can sell as a chunk even if it is desperate hardware that makes the total hash rate we should vote again.

We need input from Bob and from GB members on this please speak up.
DBA

Agreed.  No fault. Hit the big red reset button for this one.

[testerx]

Why vote and argue for days on numbers that have no meaning.   Look like I said if the shareholders of this group turned the pay outs into fiat they all made money myself included.  I am happy with making the money that we have made.  Not happy with a 180 offer going to 287 and now it is 56 with 28 or so left over.

A lot of people paid with BTC though, I had to pay with BTC because Chase QuickPay was no longer an option because Chase wouldn't process it any more, so I'm actually quite negative.  It's good that you paid with USD but not everyone did. 

[testerx]

My thoughts were similar to someone who answered the survey from R5/6, "less democracy let the GBC's make the right decision for us", while democracy is all well and good sometimes its better to not have to vote when there is a good offer on the table, or something time sensitive.

So which offer would you have recommended?  I think the coordinators should chime in with what they think about the offer, and even if it's time sensitive and I don't think the problem here is with the time, we can all agree to shorter voting periods if that's a problem, I don't know how serious any offer would be if they can't wait 72 hours.  Honestly I'm not sure I'd have been happy with any of the offers with the sole exception of the 287 offer (which may not have been serious) so I would have simply preferred not to sell and I get the feeling that this is what the majority of voters also feel.

I think maybe we should agree to some rules about getting votes on a faster basis but I don't think we should make things less democratic, this is a mining coop after all it's not like we bought shares of asicminer where it's not really run as a coop.  To be honest if someone's offer expires in 24 hours I'm not sure how serious their offer was to begin with.  I still think we should do votes for something as major as a sale of hardware but for the sake of time it could be reasonable to just set a timeframe of like 48-72 hours after which whatever the majority voted for will go.

[testerx]

This.
The offers when they were made to me were made with the time window to vote in mind- they just backed out on their end. I have a growing black list of such people.

I just want to say thanks for working so hard to make this right, it is very much appreciated even if this thread can get heated sometimes regarding voting and hashrate and whatnot.  Unfortunately I guess a lot of people make vaporware offers.

[philipma1957]

This.
The offers when they were made to me were made with the time window to vote in mind- they just backed out on their end. I have a growing black list of such people.

I just want to say thanks for working so hard to make this right, it is very much appreciated even if this thread can get heated sometimes regarding voting and hashrate and whatnot.  Unfortunately I guess a lot of people make vaporware offers.

yeah that is the world of btc.   Well lets hope that the hash rate gets improved as the buyout now mentioned is far too low.  we are at 1.3 plus bobs knc of .5
 total of 1828gh    not 3340 gh

[sf2]

 

[philipma1957]

right now.
  r5 + r6 runs well.

  r9-r12 not well.

  r15 + r16  needed bobs magic touch.



My position has not wavered

A) I trust dZcoop with my coins to buy gear and hash for me.  

B)  I also trust them to sell it if it is best.  

C) I also believe they will continue to honor the 8.3 gh minimum of r9-r12.  

D)  Because of my above belief  I purchased more shares in r17 today.  I went from 2 to 5 .

 

E) If r17 is open when I get my r5-r6 coins and my r9-r12 coins on sunday. I will buy more shares.  

Most likely I will go up to 8 from the current 5.  moving me from 200 to 320gh

[davedx]

Just to chime in again to say thanks for all your efforts and sacrifices (using personal miners and topping up BTC output).

I also agree that maybe having everything democratic can sometimes cause problems.

I have to say though, it was one of the reasons I decided to invest in DZC group buys and not others.

[Hili]

I actually forgot to put in my vote, lulz :p...


Soooo... Offer has taken a plunge, what do we do now?

[thomas_s]

I actually forgot to put in my vote, lulz :p...


Soooo... Offer has taken a plunge, what do we do now?

Seems so, if the offer comes back it will be taken as the vote has come to more yes' than no's. In the mean time bobsag3 will be attempting to fix the units / replace them with different hardware.

[Ridicuss]

I actually forgot to put in my vote, lulz :p...


Soooo... Offer has taken a plunge, what do we do now?

Seems so, if the offer comes back it will be taken as the vote has come to more yes' than no's. In the mean time bobsag3 will be attempting to fix the units / replace them with different hardware.

Thanks for the info Thomas_s!

[philipma1957]

I actually forgot to put in my vote, lulz :p...


Soooo... Offer has taken a plunge, what do we do now?

Seems so, if the offer comes back it will be taken as the vote has come to more yes' than no's. In the mean time bobsag3 will be attempting to fix the units / replace them with different hardware.

Okay so the vote was in favor for 287.  and if we get it (the offer) back we sell.  

If we do not we hope for bob to fix/boost up to 3.3- 4.0


  http://www.dzminercoop.com/?page_id=302   this shows  1.8-1.9 gh      but it looks like 7 btc or 8 btc  has been  kicked into the pool.

  My estimate is we are around 10-12btc short even with the second add-on of btc.  

  First off thanks for info .
  Second off thanks for adding more btc.
  Third I am looking forward to a payout today so I could roll a bit more into r17.

Will this happen?
 If not I do have  enough for 1 more share.  I just grabbed 2 more shares of r17

But if the payout comes today I could get more like 4 or 5 more.

[philipma1957]

I just got  payout for the 15th  .

 0.76 btc for 11 shares.  thanks.

[nicksmith]

Payout seems stalled on a orphaned block? https://blockchain.info/tx/923e3c98d5a98c0a94c78e2912925188c0c4c343ac2e5d113ddecbd49b02e010
What happens with transactions then, never seen that?

[thomas_s]

Payout seems stalled on a orphaned block? https://blockchain.info/tx/923e3c98d5a98c0a94c78e2912925188c0c4c343ac2e5d113ddecbd49b02e010
What happens with transactions then, never seen that?

That's R15/16, it was just included in a different block

R9-12 is still pending, it goes from 14minutes in Q to a few hours it will probably confirm in a few hours depending on blocks being found in the network.

[philipma1957]

there is a way to speed those confirms up a bit. I do this.


https://blockchain.info/tx/544fdc118b71bc632c069935e7bb485ccdea564eef0fc17a849de341aefc39a2 


the 1.64 I am moving   to coinbase  represents all of my coin paid today from  dZcoop.   


if you see the tx id you see I paid a fee  not a lot but a custom fee of .0011btc or about 1 dollar.   

What this does  is  force a speed up of the money that came in to my account.      Paying a small fee moves your priority up a bit.  It also helps for your tax return records.     

[thomas_s]

there is a way to speed those confirms up a bit. I do this.


https://blockchain.info/tx/544fdc118b71bc632c069935e7bb485ccdea564eef0fc17a849de341aefc39a2 


the 1.64 I am moving   to coinbase  represents all of my coin paid today from  dZcoop.   


if you see the tx id you see I paid a fee  not a lot but a custom fee of .0011btc or about 1 dollar.   

What this does  is  force a speed up of the money that came in to my account.      Paying a small fee moves your priority up a bit.  It also helps for your tax return records.     

Yes we pay an auto fee based on what the program thinks is the proper fee we also do a mass send so we can't really control the fee paid(which does reduce the total payout for everyone)

[philipma1957]

there is a way to speed those confirms up a bit. I do this.


https://blockchain.info/tx/544fdc118b71bc632c069935e7bb485ccdea564eef0fc17a849de341aefc39a2  


the 1.64 I am moving   to coinbase  represents all of my coin paid today from  dZcoop.  


if you see the tx id you see I paid a fee  not a lot but a custom fee of .0011btc or about 1 dollar.  

What this does  is  force a speed up of the money that came in to my account.      Paying a small fee moves your priority up a bit.  It also helps for your tax return records.    

Yes we pay an auto fee based on what the program thinks is the proper fee we also do a mass send so we can't really control the fee paid(which does reduce the total payout for everyone)

yeah the little add fee of .0011 I paid is well worth it to me.  I sent the 1.64 to coinbase that I got from dZcoop

r5, r6 and r9-r12  all three were not confirmed but since I paid that .0011 the blockchain moves the priorty up on the 1.64 btc I sent  and in order to do that is has to move the priority up on the 3 payments you sent to me.  Plus I created a tax record for the IRS when I file this in Apr of 2014.  Not bad for 95 cents!

Thanks for the quicker payment  I grabbed all of r17 I wanted a total of 10 shares or 400gh.  thanks again.