[Pon3 Mining] Scrypt/BTC Hybrid Year Long Mining Operation IPO

[lynn_402]

I agree with Mr. Albon, saving on transaction fees would be nice.

It's only a dime or two a week, I pay the tx fee out of my pocket.  That's why I do it all in a combined payment for both you and the groupbuy
I'll consider cutting back if the exchange rate goes much higher, but it isn't that much for now.  Even if I did take it out of the shares, the difference would be a fraction of a cent a week.

Oh I didn't know you paid the fee only once while doing combined payments. Bitcoin's awesome.
Carry on then

[1714858513]

1714858513

[1714858513]

1714858513

[cooldgamer]

Good news, more shares to come in the next few days hopefully.  Talking to Miaviator about getting another Antminer groupbuy together in the next few days.  The price drop between bid time and the time the miner is ordered will be refunded under the terms I have proposed to him.  The only data center within 20 miles is bullshit expensive, so I'll be hosting these myself.  That also means I can fix them quicker, so guess it's for the better.  I'll put the saved $ from hosting fees into upgraded wiring and cooling, as well as better power supplies.  Nothing is official as of the moment, but keep an eye out for the morning

[peterecoin]

Payment confirmed, please send me a PM with the pools you vote for

Thanks for the confirmation, no preference on pool.

[cooldgamer]

Hosted Ant group buy will be happening tomorrow, reserving shares in the same format as last time.  Up to 200 shares may be up for sale.  Same terms as the OP, but electricity fee is $.25 per kwh at my location, 20% is optional and all goes to ASICs (amount can be changed too).  Price is yet to be determined, probably going to be in a BIN format.

[cooldgamer]

Moving one of my rigs to the new hosting location for final testing

Awaiting info on he Ant GB, will post when I have it.  Payouts will probably be happening later than usual tonight (my wallet is on that rig) so please be patient.

[cooldgamer]

https://blockchain.info/tx/6880c7a56bcaff4bb731a35059e35005675c7e83c826dc84fdb50342b7da2c1f

[cooldgamer]

Hosting location has successfully been moved, and payouts made

https://blockchain.info/tx/9858504e2277342d4c26552ba756a7d5966cf08a17b7e9e803edd91eea69584e

[railzand]

such payout much thank

[cooldgamer]

The Antminer gb with Miaviator is taking too long for my taste, so taking things into my own hands for now.  I have 70 shares up for sale now.  Hosting terms are the same, but Ants have a $.20 per kwh fee, vs the GPUs at .0925.  This is because they use a lot less power, so the fee needs to be higher to be able to pay for repair and whatnot.  The 20% upgrade/repair/downtime fee has been taken out, although you are welcome to have me set aside part of your payment to go towards the ASICs though  Already purchased shares are unaffected.  Shares are .022 each, coins can be sent to 1GoSU2EJhyCLFuNoUmvGSZrdU158f3XdWF.

Groupbuy: https://bitcointalk.org/index.php?topic=505960.msg5575760#msg5575760

Also, I need votes on if we should keep the ant we have now for the rest of the 60 days, or stop it and refund the unpaid half of it, per the groupbuy terms.  I need votes in by the 14th.

[lynn_402]

The Antminer gb with Miaviator is taking too long for my taste, so taking things into my own hands for now.  I have 70 shares up for sale now.  Hosting terms are the same, but Ants have a $.20 per kwh fee, vs the GPUs at .0925.  This is because they use a lot less power, so the fee needs to be higher to be able to pay for repair and whatnot.  The 20% upgrade/repair/downtime fee has been taken out, although you are welcome to have me set aside part of your payment to go towards the ASICs though  Already purchased shares are unaffected.  Shares are .022 each, coins can be sent to 1GoSU2EJhyCLFuNoUmvGSZrdU158f3XdWF.

Groupbuy: https://bitcointalk.org/index.php?topic=505960.msg5575760#msg5575760

Also, I need votes on if we should keep the ant we have now for the rest of the 60 days, or stop it and refund the unpaid half of it, per the groupbuy terms.  I need votes in by the 14th.

+1 vote to keep them. I'm sure we'll get more profit by selling them on ebay the next time Bitcoin will be in bull mode.
Plus the difficulty seems to be stabilizing, which should make them profitable for longer than expected, especially if BTC's price keep increasing thus offsetting the cost of electricity.

[cooldgamer]

https://blockchain.info/tx/476e1a1f82caeea4c6d60179a6b2866a2dff55fb4959a3c354dbc272930d3016

[railzand]

https://blockchain.info/tx/476e1a1f82caeea4c6d60179a6b2866a2dff55fb4959a3c354dbc272930d3016

yay thanks. vote to keep

[mudge]

vote to keep

[cooldgamer]

vote to keep

You aren't on the Google doc, is that an alt account for somebody?

[cooldgamer]

Price of new shares down to .02

[cooldgamer]

Typing up payouts right now, I didn't forget about you guys

[lynn_402]

Typing up payouts right now, I didn't forget about you guys

And we are very grateful of that
By the way, I was wondering if you amassed a considerable amount from the 20% reinvestment?

[cooldgamer]

Typing up payouts right now, I didn't forget about you guys

And we are very grateful of that
By the way, I was wondering if you amassed a considerable amount from the 20% reinvestment?

.04 BTC has come out of the 20%, .033 after hardware fixing (a cord got messed up in the DC move).  Was actually going to use it later today to buy shares in the hosted Gridseed gb I'm doing right now.  That will add an estimated .66kh/s per share

Edit: shares have been reserved: https://bitcointalk.org/index.php?topic=471896.new;topicseen#new

[lynn_402]

.04 BTC has come out of the 20%, .033 after hardware fixing (a cord got messed up in the DC move).  Was actually going to use it later today to buy shares in the hosted Gridseed gb I'm doing right now.  That will add an estimated .66kh/s per share

Edit: shares have been reserved: https://bitcointalk.org/index.php?topic=471896.new;topicseen#new

That's cool!
You must be busy managing all those new group buys

[railzand]

.04 BTC has come out of the 20%, .033 after hardware fixing (a cord got messed up in the DC move).  Was actually going to use it later today to buy shares in the hosted Gridseed gb I'm doing right now.  That will add an estimated .66kh/s per share

Edit: shares have been reserved: https://bitcointalk.org/index.php?topic=471896.new;topicseen#new

That's cool!
You must be busy managing all those new group buys

Please could you some time whip up a better spreadsheet, with costs and reinvestments and payments and that kind of thing all documented in one place.

Also on the nice-to-have list would be links to the mining. Here are links to what I've had on another group buy:

https://docs.google.com/spreadsheet/ccc?key=0ArdD1NXRwJNSdDNFMm5KekxoY2lIczNmN0ZwSmdkVFE&usp=sharing#gid=0
http://www.crypto-ops.com/?page_id=1192