You can trust the GB "managers" a 100%. They are reliable and trustworthy.
The lack of communication is due to the fact that we are waiting for shipping info from the supplier.
Nothing to worry about!
Thanks for the compliments, Tiennou74. How is the weather in your part of the EU this year? I've always wanted to visit Hossegor and would love to visit when it's "going off", as us waveriders say. There's also a lovely artificial wave in Spain next door I'd love to visit called the Wave Garden.
As for the lack of communication: if I don't post to a thread for a few days, please keep in mind that I only post if I have something new to add. If one of the other co-op leaders have covered it, I'm not going to stop by to say: "ditto."
Another important note: this order was paid for by CC by bobsag3. Technically: there is no BTC to refund because it was converted to fiat and sent to the mfg. We also usually don't have a giant pile of BTC sitting around just for refunds once orders are paid. This is a lean co-op that lets us offer rock bottom pricing.
Believe me: Thomas and I haven't exactly gotten rich off of offering these lowest cost GB shares on the forum. Just between the two of us, let alone other co-op leaders and contributors, we've likely poured 6 figures worth of labor into this co-op so far, using our usual hourly rates.
I will add that we're actively trying to improve the liquidity of future DZ MC ASIC miner rig purchases with our new site, but again: Rome wasn't built in a day.
One more note about these types of investments/purchases: a person *really* shouldn't be investing in ASIC miners and Bitcoin in general if they can't handle volatility and occasional bad news. I'm not your lawyer or investment adviser, but please don't invest any money in GBs or BTC that you cannot afford to lose.
This is standard in the world of high risk/high reward investments such as these.If you absolutely must seek a refund (esp. if you're a big purchase) we'd really prefer that you work w/ us on a refund or share transfer to someone else, as we meant what we said about the chaos that can be caused by refunds on already paid hardware where we don't have the orig. funds.
If it becomes too much of a PITA to offer DZ MC GBs because people want to use us as a short term "bank" to hold their BTC, I will absolutely shut down ALL future DZ MC GBs. I absolutely don't need the tiny bit of BTC and massive amount of stress that these GBs can cause, and GBs def. don't pay my bills.
I will add that, with our new site, we're working hard to improve the liquidity of future DZ MC ASIC related purchases or contracts, but that: Rome wasn't built in a day.
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We're trying to keep up with demand, we have a lot of Rounds sold and try to give people a couple of GB options that are world class values. I've been dealing with an influx of new interest, new investors, and new miners, all with many questions about this brave new world. Heck, I even talked a local brewery owner into accepting BTC since CoinBase transactions are free for your first $1M in sales (vs. 3.7% for Square).
Since we posted about redesigning the site which is nearly done we've also:
- Met with the site designer for final payment and site improvements on the back end to automate some processes
- Finalized business structure among founders in 3 time zones (which complicates communication/coordination)
- Had our CFO meet with a number of law firms who handle International Business and decided on a firm
- Secured legal counsel
- Secured paperwork and sites for an umbrella corp. and a couple sub-companies
- Graphic Designer searches complete
- Ongoing refunds and share transfers from late R13x
- Negotiations with SolarWindMiningCompany leading to my suggestion that he simply relaunch as a stripped down GB instead of a facility/re-investment project
- Additional startup biz planning w/ company founders
- Numerous investor meetings
For weeks now, I've been working on the co-op and this biz more hours than my job at the Research Lab.
These GBs don't just sprout out of thin air. There's a lot of discussion and planning that goes on behind the scenes. A lot of my time is now spent behind the scenes, researching candidates for future GBs (you may see me on the CH forum here and there, vetting new companies), and meeting with potential partners, manufacturers, resellers, and investors.
Among the 5 co-op leaders, we divide the work here to hopefully keep a modicum of sanity. We've succeeded in building the biggest and most diverse Miners Co-op on the forum in this manner, so I think we're doing something right.
It's been a busy, stressful time and I apologize immensely if I missed your PM. Please shoot me a 2nd PM or a copy if it was really important and couldn't be answered by another co-op leader or member. I'm trying my best, but I'm only human and I only have so many hours in a day (and children to help raise too).
I won't go through everything we have planned but are new pro arm includes new offerings that benefit the Group Buyers and other investors in this new cryptoeconomy. I have talked a little bit about them in 1 or 2 GB threads previously.
I'm excited to be here in this moment in history, where BTC hasn't even reached 1% market potential, and there's a whole new world out there for us to explore together, for those willing to take the risks.
