[CLOSED >:( ] >BitMain U2 Group Buy - Ship to US/Canada/Intl (.03/.029 BTC/ea)

[jonnybravo0311]

Hey reactor... any updates on whether or not this is going to proceed?  I've been unable to get any word back from Bitmain other than what I reported here in this thread a few days ago.  Their website remains as it was yesterday - everything is sold out and no news on future availability or what products are in the pipeline.

[nottm28]

I'm interested in 2 units if bitmain responds...

[SpaceCadet]

<speculation>
Given that China is cracking down on bitcoin exchanges and banks supporting them, it's possible that BitMain's capital is caught in the ruckus.  If that's the case, then they may not (currently) be able to pay their suppliers, which obviously would have an impact on BitMain's ability to produce more devices.  In this scenario, I can see them trying to evaluate their options before releasing a statement on the situation. 
</speculation>

Having said that, it would be a good PR move for them to make SOME kind of statement, at least acknowledging the requests for information from their customers...

I'm willing to let Reactor hold my payment until we get a better idea of where we stand as a customer... as long as it's not too long!   

[freeski201]

Any update on the situation?

[reactor]

Any update on the situation?

Yes, this group buy is now officially closed.  It is Friday night on the east coast of the USA and I've fucking had it with Bitmain and their lack of a response.

To put it into more perspective, the price on these little suckers has not changed in weeks per the official pricing.  This means that the 13.9 price is the same as when S1 units were over 1BTC as now when they're under .9BTC (and sold out).  The 13.9 price is the same as when they sold the S2 units at what is now 8.03BTC a pop.

Quick comparison.  MOQ of U2+ is 1TH @ 13.9BTC.  S2 unit is 1TH @ 8.03BTC.  To quote Chris Brinkley from Up All Night - "You do the math!" To pay almost 6BTC more when their S2 units are currently starting to filter into the market while we're hours away from a ~23% diff increase to over 6bil is just fucking idiocy at this point, so even if they reply back tomorrow that they can take orders, to purchase at this price would just be asinine, especially after the complete and total lack of a response despite multiple attempts at contacting them. 

I'll be happy to save the list of folks who replied in case they are going to be offering another USB unit, at which point we can evaluate if it is worth it to drum up another group buy.

For ease, if everyone who PM'd me their txid and has not received a refund could quote that last txid message back to me with an address for your refund it would be awesome.  Otherwise I'll send out PM's tomorrow to anyone who doesn't catch the thread with this info.

If you are in the US and looking, it looks like ssinc has some available, although miro may be snatching some up.

https://bitcointalk.org/index.php?topic=548725.0

Otherwise, I'll be around the forum and will definitely contact everyone if they release another USB unit.  Personally, I can't run any of the 1TH+ machines due to a unique power setup in my rental, so I'm square out of mining if not for USB's and Gridseeds.

[miroman86]

Any update on the situation?

Yes, this group buy is now officially closed.  It is Friday night on the east coast of the USA and I've fucking had it with Bitmain and their lack of a response.

To put it into more perspective, the price on these little suckers has not changed in weeks per the official pricing.  This means that the 13.9 price is the same as when S1 units were over 1BTC as now when they're under .9BTC (and sold out).  The 13.9 price is the same as when they sold the S2 units at what is now 8.03BTC a pop.

Quick comparison.  MOQ of U2+ is 1TH @ 13.9BTC.  S2 unit is 1TH @ 8.03BTC.  To quote Chris Brinkley from Up All Night - "You do the math!" To pay almost 6BTC more when their S2 units are currently starting to filter into the market while we're hours away from a ~23% diff increase to over 6bil is just fucking idiocy at this point, so even if they reply back tomorrow that they can take orders, to purchase at this price would just be asinine, especially after the complete and total lack of a response despite multiple attempts at contacting them.  

I'll be happy to save the list of folks who replied in case they are going to be offering another USB unit, at which point we can evaluate if it is worth it to drum up another group buy.

For ease, if everyone who PM'd me their txid and has not received a refund could quote that last txid message back to me with an address for your refund it would be awesome.  Otherwise I'll send out PM's tomorrow to anyone who doesn't catch the thread with this info.

If you are in the US and looking, it looks like ssinc has some available, although miro may be snatching some up.

https://bitcointalk.org/index.php?topic=548725.0

Otherwise, I'll be around the forum and will definitely contact everyone if they release another USB unit.  Personally, I can't run any of the 1TH+ machines due to a unique power setup in my rental, so I'm square out of mining if not for USB's and Gridseeds.

Haven't received a response in that thread yet. That thread from ssinc is selling U2+ (default runs at 2Gh/s already from what I've read). iluvpcs is also having a group buy but only for U2 (based from one of the people that posted there), I cancelled my 10 from him, tried to reconsider my purchase, buy haven't heard back yet (must be pissed at me for changing my mind :p I can imagine...) people on his groupbuy are getting theirs quick though after ordering. iluvpcs also mentioned he has a lot but at a .037BTC price.

Really a bummer this group buy didn't go through. Hope things work out and we can get some other USB miners...

Cheers!

[stex2009]

Any update on the situation?

Yes, this group buy is now officially closed.  It is Friday night on the east coast of the USA and I've fucking had it with Bitmain and their lack of a response.

hope there's something better (better hw) we can get then! these are expensive anyways. picked a small number from iluvpcs.

[Dunrick]

Thanks for trying man keep me on the list for the next group buy I am interested in any USB miners.

[freeski201]

Keep me on the list too. You were very honest which is great for a group buy coordinator.

Thanks

[Dunrick]

Hey Reactor;

Could I get my Bitcoin back that I sent you?

[reactor]

Hey Reactor;

Could I get my Bitcoin back that I sent you?

Sure can!

Sorry for the slight delay folks, weekends are pretty much family time since the wife and I both work somewhat demanding jobs during the week.  Sorting through PMs now to get a refund list together, processing transactions, and updating the 2nd post with who has been refunded.

Watching the Hardware thread in case anything new and interesting pops up.  I wanted to do Gridseed, but the logistics and MOQ are beyond what I can handle.  Hopefully someone still cares about taking money from us small fries.

[reactor]

Just sent the last refund out, so now I'm clear of all obligations of holding money for people.   Other activity on the wallet was just me picking up two more Gridseed units from Zoomhash, can't beat the new price.

Best wishes to everyone who joined up for this, as I've said before, hopefully someone in the hardware world continues to care about us small fries.  If so, I'll be happy to try this again at another point in time.

[miroman86]

Hope its ok to post here reactor...

But for anybody who's still looking, ssinc just got 100pcs more @ $20/pc

https://bitcointalk.org/index.php?topic=548725.0