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Author Topic: [CLOSED] R24: 8.13gh/s Immediate hash  (Read 4588 times)
thomas_s (OP)
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March 12, 2014, 06:08:58 PM
 #41

We can sell each machine for 1.01 BTC. The total would be 3.03BTC for this GB.
LDR
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March 15, 2014, 09:18:02 PM
 #42

We need to vote on selling and quickly.

Since, the vast majority of profits are made in the first few weeks, the timing of the price drop couldn't have been worse for us. Combine this with the fact that the high DZ hosting fee is based in fiat, and we have destroyed any chance at an ROI for this group by.

By selling now we will get more BTC than we would mine because of the outrageously high fee we are paying (DZ doesn't take a 60% cut of the sale like it does mining profits). We are more screwed if we wait too long and Black Arrow, BFL Monarchs and S2s start shipping because our miner will be worth way less. Everyday we wait we are essentially making less from the sale, while paying 60% in fees to DZ to host it.

I vote to sell on Ebay ASAP.

MakuSoto
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March 16, 2014, 02:38:36 PM
 #43

We need to vote on selling and quickly.

Since, the vast majority of profits are made in the first few weeks, the timing of the price drop couldn't have been worse for us. Combine this with the fact that the high DZ hosting fee is based in fiat, and we have destroyed any chance at an ROI for this group by.

By selling now we will get more BTC than we would mine because of the outrageously high fee we are paying (DZ doesn't take a 60% cut of the sale like it does mining profits). We are more screwed if we wait too long and Black Arrow, BFL Monarchs and S2s start shipping because our miner will be worth way less. Everyday we wait we are essentially making less from the sale, while paying 60% in fees to DZ to host it.

I vote to sell on Ebay ASAP.

I vote sell
speth
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March 17, 2014, 07:58:30 AM
 #44

I vote sell also (10 shares)
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March 17, 2014, 09:32:15 PM
 #45

I vote sell (2 shares)
Stinky_Pete
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March 17, 2014, 09:36:01 PM
 #46

How many votes do you need?

matagatoz
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March 17, 2014, 10:03:44 PM
 #47

i vote to sell ( 1 share )
patriks
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March 18, 2014, 12:38:04 PM
 #48

posted in wrong thread, my apologies.
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March 31, 2014, 06:42:58 PM
 #49

Can we vote to sell ?
LDR
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March 31, 2014, 09:06:14 PM
 #50

Thomas how do we start the selling process? Can you please start it?  Its been a month and everyone who replied so far has voted to sell.

We should do it now so that we can get the most BTC from the sale while the exchange rate is low and favorable. Our last payout was only 0.0014 per share, ROI is not possible. With the current really low USD to BTC rate, we will get the most BTC possible from a sale now. We can probably get more than the 1 BTC per S1 mentioned by Thomas 2 weeks ago because the exchange rate is favorable.

For example, if we get say 1.1 BTC per S1 from the sale because of the low rate, that is 3.3 BTC total. 3.3 BTC / 63 Shares = ~0.052 BTC per share. We will NEVER make that much from mining, so we need to do this NOW, time is of the essence.



MakuSoto
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March 31, 2014, 09:13:19 PM
 #51

Please post your vote and amount of shares like follow is my vote

Sell votes:
Speth x 10 shares
lostering x 2 shares
matagatoz x 1 share
makusoto x 1 share
LDR
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March 31, 2014, 09:18:50 PM
 #52

Please post your vote and amount of shares like follow is my vote

Sell votes:
Speth x 10 shares
lostering x 2 shares
matagatoz x 1 share
makusoto x 1 share

SELL. LDR x 1 Share.

darcimer
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April 30, 2014, 01:16:07 AM
 #53

Update please..
No hash, no April payouts..  Should we assume it's sold?
Thanks!
thomas_s (OP)
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April 30, 2014, 03:30:04 AM
 #54

Update please..
No hash, no April payouts..  Should we assume it's sold?
Thanks!
All Bitmain hardware Rounds were sold and payed out on April 1st.
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