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Guaranty
1. online time
If the miner offline for more than 3 hours, i will send you the equal amount of btc as it expected to mine based on real-time difficulty,
2. Insurance for the host miner
To ensure the people who buy host miner in my place will not lost money, we provide the following insurance
All of the host miner will have an option to resell after four month host and the price is calculated based on the following equation:
R= I+(H*4)-(M*E)
R: Re-sell price
I： Initial price of host miner
H: Host fee:225$
M: Mined btc during the four month,
E: Exchange ratio of btc/usd from btc-e
Here is an example for understanding:
A buyer who have bought one host miner at the price of 2900$(I), the miner switched to his/her pool on Apr 18, and host in my place for four months, and mined 6.035 btc during these time. And the real-time exchange ratio of btc/usd in btc-e on 18 Aug is 410$ . Then this buyer will have an option to re-sell the miner to us at the price of
R= I+H*4-M*E=2900+(225*4)-(6.035*410)=3800-2475=1325$
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Q&A about host minerQ: What is the price of host miner? is there any discount for bulk order?
A: The price of host miner will change with time; you can find the newest price and discount for bulk order in the following link:
https://bitcointalk.org/index.php?topic=576844.msg6296463#msg6296463 Q: What is the host fee? is there any discount for bulk order
A: the host fee is listed as below:
Dragon 1T miner (1050W): 225$ each miner each month
Avalon-3 820G (1000W): 225$ each miner each month
5$ discount will offer when the amount of the host miner reach the multiple times of 5 as list below.
The amount of host miners host fee
1-5 225$
6-10 220$
11-15 215$
16-20 210$
21-25 205$
26+ 200$
Q) How to buy? and when you can get the miner online?
A:1) find out the price and how many unit in stock in the following link
https://bitcointalk.org/index.php?topic=576844.msg6296463#msg62964632)Pay me using the following method
2.1 btc: 1BNwtEPanWJ9VLdiJebtykQJgk3eEZFh52, i
Note: Usually the prices was set using us dollar, you need change it to btc based on the real time exchange ratio of btc/usd from btc-e.
2.2 wire transfer:
Western union: preferred, which can arrive within several minuets.
Bank name: BANK of CHINA;
Account No.:6013826105013798141;
Account name: Peicai(first name) Li (last name);
Swiftcode: BKCHCNBJ940;
Contact phone: +8613515203825;
ID card:410223198209174051;
Address: No.96, West Ren min road, Nan tong, Jiang su;
postcode:226004
bank city: Nantong
Note: make sure you have give the right account No. to your bank, and ask them to use same day-arrival service if it is possible.
2.3 Paypal:
peicaili@gmail.com (4% fee paypal charged)
Note: paypal is very strict on every transaction, make sure you have clearly marked it as host miner and no need for ship.
3) fill the following google form to confirm your mining configuration.
https://docs.google.com/forms/d/1moJLc8RH27CduZodV0RD-jrRP21X6IeEQU0Vkp7auZA/viewformwait for the miner online.
If i have miner as hand, your miners usually will online within 1-3 hour, if all of the miner at hand are sold out and i need to buy miner from factory, it will take 48 hours to get your miner online.
Q who own the miner and can i ask the miner shipped out to my place
A: it is the buyer who own the miner and you just host in my place. You need at least host it in my place for one month, then you are free to ask me to ship it to your place. But you need cover the shipment fee.
Q: Where is the host place?
A: currently the miners are hosted in HAICHAO ROAD，GAOYOU city, JIangsu Province, and we will build a new data center soon in TAIZHOU city, JIangsu Province.
https://maps.google.com.hk/maps?q=Haichao+Road,+Gaoyou,+Yangzhou,+Jiangsu,+China&hl=en&sll=32.022631,120.875015&sspn=0.307964,0.676346&oq=haichao+road,gaoyou&brcurrent=3,0x0:0x0,0&hnear=Hai+Chao+Lu,+Gao+You+Shi,+Yangzhou,+Jiangsu,+China&t=m&z=16&iwloc=A so I found the buyback terms. since my 4 month time comes in 12 days.
So here they are:Guaranty
1. online time
If the miner offline for more than 3 hours, i will send you the equal amount of btc as it expected to mine based on real-time difficulty,
2. Insurance for the host miner
To ensure the people who buy host miner in my place will not lost money, we provide the following insurance
All of the host miner will have an option to resell after four month host and the price is calculated based on the following equation:
R= I+(H*4)-(M*E)
R: Re-sell price
I： Initial price of host miner
H: Host fee:225$
M: Mined btc during the four month,
E: Exchange ratio of btc/usd from btc-e
Here is an example for understanding:
A buyer who have bought one host miner at the price of 2900$(I), the miner switched to his/her pool on Apr 18, and host in my place for four months, and mined 6.035 btc during these time. And the real-time exchange ratio of btc/usd in btc-e on 18 Aug is 410$ . Then this buyer will have an option to re-sell the miner to us at the price of
R= I+H*4-M*E=2900+(225*4)-(6.035*410)=3800-2475=1325$
I will get back with the math done.but I paid 2860 and host fees. were 225+ 215 + 185 + (185 due) = 3670
mined apr 20 to apr 29 at a diff of 6,978 --- 9 x .07214 = .64926 btc
mined apr 29 to may 12 at a diff of 8,000 --- 13 x .06293 = .81809
mined may 12 to may 24 at a diff of 8,853 --- 12 x .05686 = .68232
mined may 24 to june 5 at a diff of 10,455 --- 12 x .04815 = .57780
mined June 5 to june 18 at a diff of 11,756 ---13 x .04282 = .55666
mined june 18 to june 29 at a diff of 13,462 ---11 x .03740 = .41140
mined june 29 to july 12 at a diff of 16,818 ----13 x .02993 = .38909
mined july 12 to july 25 at a diff of 17,336 ----13 x .02904 = .37752
mined july 25 to aug 7 at a diff of 18,736----13 x .02687 = .34931
will mine aug 7 to aug 20
total = 4.81145 btc x 584 usd btc-e = 2809
so 3670 - 2809 = 861 ? pay back if it ended today>
Now today is the 7th I have about 12 more days of mining.
So it will change a bit . I am posting to be sure I am close
[/quote] Lee please check the math closely . since the rates of hosting changed and did not stay at 225.
