Group Buy [ TerraMinerIV ] - [ 2TH/s] - 1950 shares avaible [$2.9usd a share]

[JTrain_51]

UPDATE : The miner is left with still half the shares and we are so close to selling out! so we are know only looking for several more investors meaning : we now only have 5 shares left each share will be 0.55 btc ( That will give you around 10% of the miner )

TO INVEST : please send 0.55 btc per share to this address : 19NwDWsi6StD9Saewzw9RBPMKyaD4N1Trp
then pm me the transaction ID and your address!


For Investors : I am making a new post right now describing our situation and how great this project is going!
( REST OF THE THREAD BELOW! )



Hey guys so after a lot of thought I am going to be opening a group buy!
hope you decide to invest!

Terra Miner IV stats :
Expected Hashrate: >2000 GH/S
Expected income: All on the amount of shares you buy!

    -1950 shares at 2.9usd gives you 1/1950 of those 2th/s for just 3 dollars!
    -Payout once per week of (total btc - electricity costs @ 0.11$/KWH)/300 per share
    -there is no minimum or maximum amount of shares you can buy
    -Mine somewhere with a publicly visible hashrate such as eligius or provide equivalent to shareholders such as the pool API key to view stats.
    -Im not charging any fee like maintaining it except for electricity
    -If 50% of shareholders request a refund I will refund the unit

Reasons to join this group buy :

    -Really Cheep shares (Not much to risk at 2.9usd)
    -Cointerra are trusted and my friends have met some of the people running it. The terraminer is great for a group buy and has unbelievable specs and with a total of 1gh/s per 2.9usd share it is really worth the time


Payment:
-I am only accepting bitcoin atm but I am willing to accept others like paypal moving forward. I do have some money to put into this so if there are a lack of shares Ill just put more of my own money into it.

Send Bitcoins to this address : 19NwDWsi6StD9Saewzw9RBPMKyaD4N1Trp
Then send me a pm of the transaction then we will test to make sure its your btc address (thats how you buy your shares the fast way)


Contact :
- Easy and simple send me a pm of how many shares you want or comment below and Ill send you a pm

What I get out of it :
- I am already buying myself 50shares of the bat as of why there is only 1950 instead of 2000 shares and I will also be buying more shares if some do not sell

Thanks!

[JTrain_51]

Reserved!

[toobigtofail]

I'm interested in picking up some shares, but wanted to understand the expected delivery date a little better.  I've seen Jan 2014 as the date for preordered units, which are sold out.  Any idea how much longer past that new orders would be delivered?

[JTrain_51]

I'm interested in picking up some shares, but wanted to understand the expected delivery date a little better.  I've seen Jan 2014 as the date for preordered units, which are sold out.  Any idea how much longer past that new orders would be delivered?

Ive have access to the earliest pre-order
Which will be shipped around the month of march

I have pre-ordered tons of these shares in a butterfly labs operation which is 10 dollars a gh/s so Ill be using those that release in january to cover all share holders till the actual miner comes out.


In short : Share holders will get there 1gh/s per share in january using my own resources then we will be rotating to the miner and of my resources!

[thejaxx]

What are you planning on mining and what are you estimating as a ROI?

[JTrain_51]

Mining Bitcoin!

I will also be willing to change to any other currency if its proven profitable and if 80% of the shareholders agree to move to that cryptocurrency

[cxboyminer]

Mining Bitcoin!

I will also be willing to change to any other currency if its proven profitable and if 80% of the shareholders agree to move to that cryptocurrency

I am interested. You said 2.9usd per share, that is 0.002BTC according to http://www.preev.com (30/11/13 20:34 UK Time)??

[Bill Bisco]

Definitely reserve me for interest.  I have some important questions for you.

1. How can we trust you?  How do we know are money is entering a black hole?
2. How are you going to reasonably manager potentially over 1000 group buyers
2. What exactly are you going to charge for electricity?  How do we know we aren't being overcharged?
3. How long are you going to keep this miner running?
4. What about refunds?
5. Please explain in more detail about this buttefly labs deal.  I thought we were investing in a physical unit.

Sincerely,

Bill

[stack06]

sounds interesting. watching it.

[JTrain_51]

Definitely reserve me for interest.  I have some important questions for you.

1. How can we trust you?  How do we know are money is entering a black hole?
2. How are you going to reasonably manager potentially over 1000 group buyers
2. What exactly are you going to charge for electricity?  How do we know we aren't being overcharged?
3. How long are you going to keep this miner running?
4. What about refunds?
5. Please explain in more detail about this buttefly labs deal.  I thought we were investing in a physical unit.

Sincerely,

Bill

Mining Bitcoin!

I will also be willing to change to any other currency if its proven profitable and if 80% of the shareholders agree to move to that cryptocurrency

I am interested. You said 2.9usd per share, that is 0.002BTC according to http://www.preev.com (30/11/13 20:34 UK Time)??

For Bill I don't want to be rude but all that info is in the thread

and for cxboyminer
I believe you are right with the bitcoin price

[JTrain_51]

Just updated a friend so you can have an instant sending method
Hope you all enjoy!

[ici_lemmy]

I might be interested.
I don't want to be rude but you didn't answer all bill's questions actually

[JTrain_51]

90 shares were just put on hold
the buyer asked me the put them on his reserve

If he does not pay within the next week the shares will be back up for sale

shares left : 1860

[Bill Bisco]

Definitely reserve me for interest.  I have some important questions for you.

1. How can we trust you?  How do we know are money is entering a black hole?
2. How are you going to reasonably manager potentially over 1000 group buyers
2. What exactly are you going to charge for electricity?  How do we know we aren't being overcharged?
3. How long are you going to keep this miner running?
4. What about refunds?
5. Please explain in more detail about this buttefly labs deal.  I thought we were investing in a physical unit.

Sincerely,

Bill

Mining Bitcoin!

I will also be willing to change to any other currency if its proven profitable and if 80% of the shareholders agree to move to that cryptocurrency

I am interested. You said 2.9usd per share, that is 0.002BTC according to http://www.preev.com (30/11/13 20:34 UK Time)??

For Bill I don't want to be rude but all that info is in the thread

and for cxboyminer
I believe you are right with the bitcoin price

Hi JTrain_51, 

If any of my post sounded snarky, please accept my apologies.  All of my comments (including this one) are meant in a friendly tone.  We are all posting in this thread because your proposal sounds interesting.  However, it's very important to keep in perspective that everyone that inputs into your group buy is giving you their own money.  The people who send you money have little realistic or timely recourse if the account is mismanaged (accidently or on purpose).  As such, it's very important from a customer service perspective to try to alleviate their concerns and directly respond to them. 

You have implied that I didn't read the OP properly.  However, perhaps I listed my questions because the original post still left some things unanswered.  For example, you stated "Cointerra are trusted and my friends have met some of the people running it."  I assume this means that we are to trust you, but I don't know Cointerra and I don't know your friends and I don't understand how that relates to your trustworthiness to handle our investments.

I note too that, you seemed to ignore thejaxx's question about expected ROI, which seems to me for an investment very appropriate.

Just my 0.000002 BTC.

[JTrain_51]

Definitely reserve me for interest.  I have some important questions for you.

1. How can we trust you?  How do we know are money is entering a black hole?
2. How are you going to reasonably manager potentially over 1000 group buyers
2. What exactly are you going to charge for electricity?  How do we know we aren't being overcharged?
3. How long are you going to keep this miner running?
4. What about refunds?
5. Please explain in more detail about this buttefly labs deal.  I thought we were investing in a physical unit.

Sincerely,

Bill

Mining Bitcoin!

I will also be willing to change to any other currency if its proven profitable and if 80% of the shareholders agree to move to that cryptocurrency

I am interested. You said 2.9usd per share, that is 0.002BTC according to http://www.preev.com (30/11/13 20:34 UK Time)??

For Bill I don't want to be rude but all that info is in the thread

and for cxboyminer
I believe you are right with the bitcoin price

Hi JTrain_51, 

If any of my post sounded snarky, please accept my apologies.  All of my comments (including this one) are meant in a friendly tone.  We are all posting in this thread because your proposal sounds interesting.  However, it's very important to keep in perspective that everyone that inputs into your group buy is giving you their own money.  The people who send you money have little realistic or timely recourse if the account is mismanaged (accidently or on purpose).  As such, it's very important from a customer service perspective to try to alleviate their concerns and directly respond to them. 

You have implied that I didn't read the OP properly.  However, perhaps I listed my questions because the original post still left some things unanswered.  For example, you stated "Cointerra are trusted and my friends have met some of the people running it."  I assume this means that we are to trust you, but I don't know Cointerra and I don't know your friends and I don't understand how that relates to your trustworthiness to handle our investments.

I note too that, you seemed to ignore thejaxx's question about expected ROI, which seems to me for an investment very appropriate.

Just my 0.000002 BTC.

Yes that is all very true
I would rather you pm me these questions I can easily respond to it via pm

I will try to work on my customer service!

[toobigtofail]

Don't handle it by PM.. These are common questions that anyone seriously considering sending you money will ask.

[JTrain_51]

Don't handle it by PM.. These are common questions that anyone seriously considering sending you money will ask.

Good point! but pm is way more direct and easy
===============


Update : 500 shares were claimed today
shares left : 1360

[JTrain_51]

1st confirmed purchase of shares was today
A total of 200 shares were successfully purchased!

we still have 590 other shares claimed but not payed for ill update you on that status

still tones of shares left

[JTrain_51]

Don't handle it by PM.. These are common questions that anyone seriously considering sending you money will ask.

Very True....
I thought pm would give me better contact with the person for more customer service!

[cannachris]

Put me down for 50 shares, depending on when I have to pay... And it would be nice if you answered bill biscoe's questions point by point here on the forum so we can all see.

Thanks.

BTW I think mining PPC would be more profitable (though no one knows what the situation will be like when this thing finally gets hooked up), or just switching to the most profitable sha-256 coin automatically, CGwatcher can do that.