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Author Topic: {Groupbuy}[OPEN]{Escrow}Scrypt Excalibur 4, 250 shares,each @ 1Mh for 0.075BTC  (Read 1597 times)
sameev29 (OP)
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May 03, 2014, 06:00:52 PM
Last edit: May 28, 2014, 07:01:31 AM by sameev29
 #1

Hi,as you all know this is a groupbuy for Mining Asics Technologies(MAT) Excalibur 4.So we are going to gauge interest on potential share buyers.Lets get started with the details.

This is the miner:https://www.mining-asics-technologies.com/product/excalibur-4-asic-scrypt-miner-250-mhs-2-x-125-mhs/

Shares left 250/250

Total shares:250


1 share=1 MH/s=0.075BTC or $32.55(At 1BTC=$434 rate)

So if you buy 1 share the cost will be 0.075BTC or $32.55 and you will be getting 1Mh/s.


Explanation:Exaclibur 4 has hashing power of 125MH/s each.But we will get another Excalibur 4 free.So that makes the total hashing power at 2X125=250 MH/s



                So 250Mh/250 shares=1MH/s

                Cost of Excalibur 4 is 5500 euro.Equivalent to $7629.



The miner doesnt come with power supply unit(psu).Each Excalibur 4 requires 450 watt psu.I have looked at the following power supply to run the miners:
                
                Corsair-CS 450M,80 PLUS Gold Certified PSU.Each costs $77.18 at BestBuy.So 2xpsu=$154.36
        
                http://www.bestbuy.com/site/corsair-cs-series-modular-450-watt-80-plus-gold-certified-psu/1309645237.p?id=mp1309645237&skuId=1309645237&st=corsair%20cs%20450M&cp=1&lp=1#tab=buyingOptions
                
                
                M.A.T's support department replied stating that shipping to US will cost 250 euro.Equivalent to $346.77
                  
                
                Total cost:$7629+$154.36+$346.77=$8130

                
                Now,$8130/250=0.075BTC or $32.55  per share

                At 1BTC=$434,$32.55 is equivalent to 0.075BTC


                An individual can buy as much shares as he wants.




Hardware location:The Excalibur 4(s) will be hosted in New York city,US.The room is totally air conditioned and there is always 24/7 monitoring.


Electricity and hosting cost:Hosting and electricity fee will be deducted from maintainers fee alone.


Mining strategy:
Currently mining in a profit switching multipool is the easiest way to make the good out of the hardware.But some good coins are multipool resistant.For this,we will be having a thread here at bitcointalk to hear out the share holders.We will be having polls to find out if share holders wants to mine in multipool or any other individual coin.We can even have our own discussion website for that,if share holders want to.We will always be choosing the most profitable coin for mining.


Payment policy:You should pay to the BTC address below:

1DcLKhnJt8fv2KUQNkSSJfgRxiL1MRDr8v
                                                        
This address belongs to user SebastianJu.He will be the escrower in this groupbuy.He has been the escrower flawlessly in many groupbuys earlier and a very highly trusted and rated user by many.
When you send BTC please leave a reply stating your BTC amount and TX id.


Refund policy:We will make the purchase only when all the shares has been filled.You can get a refund before the ordering.In that case the TX fee will be deducted from your amount.You can't get a refund after the order.But you can always sell the share at any cost you want.


Maintainers fee:
We,as the maintainer will be getting 5% of total earned BTC per month.


Advantage:We will be having 2 miners instead of 1.So in some case even if 1 goes down due to technical trouble the other one will still be running.This is a great advantage over any other companys miners.




This the best bang for the buck you will get.Radeon R9 290X gpus cant even output 1Mh/s without overclocking and costing you $500 each.Also you can check the other finished and ongoing groupbuys at bitcointalk.org and compare our share price to theirs.You can see which groupbuy gets you the most hash power for least money.This is the most economical deal ever and its your chance to get involved.



For any question pm me anytime.  Grin
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jadefalke
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May 03, 2014, 07:20:03 PM
 #2

never heard of that company, looks like they are new and never shipped anything before, did anyone checked them out?
SebastianJu
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May 03, 2014, 08:04:33 PM
 #3

I can provide escrow for this groupbuy. The escrow address would be
Code:
1DcLKhnJt8fv2KUQNkSSJfgRxiL1MRDr8v

In case this works i will ask OP to send me his ID to raise security. Besides that i will collect the coins and pay the miners directly in OP's shopping account. After that point the safety i can give ends and thats how i do it with other groupbuys too.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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May 03, 2014, 09:51:29 PM
 #4

Looks interesting.

Any idea of delivery estimate?
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May 03, 2014, 10:53:20 PM
 #5

They will be delivered in Q2/Q3,2014.

That is a a bit too vague and potentially to far in the future for me to commit any coins to yet.
I'll follow your GB thread and see what news will emerge :-)
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May 03, 2014, 11:02:23 PM
 #6

All the upcoming ASIC (Zeus/Viper/Titan etc..) are pre-orders only with Q2/Q3 shipping. No additional info or tests available. The Excalibur is really the best offer, but i'm wondering how the scrypt coins will react on this massive MH/s ramp up.
I'm thinking of 50 shares, but not finally decided.
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May 04, 2014, 02:50:47 AM
 #7

i'd possibly be interested in 10

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May 04, 2014, 08:09:53 AM
Last edit: May 05, 2014, 11:45:28 AM by msb17
 #8

That is a a bit too vague and potentially to far in the future for me to commit any coins to yet.

Sorry, didn't mean any disrespect to sameev29 or disparaging sameev29's GB.
I understand these are pre-orders, personally I am just not comfortable investing that far ahead with that degree of vagueness.

Has nothing to do with sameev29, would feel like that regardless who sold / produced the miners in question.



Edited for clarity.
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May 05, 2014, 09:19:19 PM
 #9

Since im doing escrow for this groupbuy i asked sameev29 to give me a copy of his bangladesh national id card. As far as i can see it looks legit.

Please keep in mind that once i paid the miners my escrow service ends.

Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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May 06, 2014, 03:30:30 PM
 #10

I might be interested. With this post I want to make a subscription to this topic.

Allthough I've never heard of that company yet.. I will let you know what I decide later on.

{Curently quite inactive as I'm really busy in my private life. I will get back soon!}

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May 13, 2014, 05:38:10 AM
 #11

The company seems legit.I bought 5 shares for 0.375BTC.TX id-0ecb1714335855389c1667e1638a243aef1e1290fa32b4d66cac268b2ff1b4ae                        Can't wait to mine some coins
sameev29 (OP)
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May 13, 2014, 06:03:23 AM
 #12

The company seems legit.I bought 5 shares for 0.375BTC.TX id-0ecb1714335855389c1667e1638a243aef1e1290fa32b4d66cac268b2ff1b4ae                        Can't wait to mine some coins

And we have our first share holder.
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May 13, 2014, 10:00:48 PM
 #13

the company is very legit - I have one of the very first orders for two Excaliber 4's.  Marc told me hopefully mid to late July Delivery - I think they're a better bet than KNC Miner and I've talked to Marc on the phone/

Lifeforce Pools : http://www.lifeforce.info
Earthcoin :http://eac.lifeforce.info -  Netcoin:  http://net.lifeforce.info - Hundred Coin Pool : http://100.lifeforce.info
Redoakcoin Pool : http://roc.lifeforce.info Guldencoin http://nlg.lifeforce.info also Worldcoin, Guncoin, NOBL, USDe, Tagcoin, Topcoin , Tagcoin , Credits, Goldcoin & Hobonickels
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May 15, 2014, 09:28:13 AM
 #14

by the way at 12:30 am time in the Netherlands last night they fired up their first functional prototype of their new miner : see here

https://bitcointalk.org/index.php?topic=609277.msg6732790#msg6732790

it's the bitcoin version but the casing and design will be tte same for the scrypt version which is also very close to being fired up soon.

expect rapid progress

I was given this information by Marc Coumans in a Facebook chat last night minutes after they posted the video and pictures on their Facebook page.

as a customer with a few machines on order I can tell you these guys are a pleasure to deal with.

please note the quality engineering and the clean work environment of the test location. It's a pleasant surprise given the horrible lab conditions I see in the video posted from the chinese manufacturers located on the back alleys of dirty streets in china - of course this is just my personal opinion and other than being a customer I have no relationship with the company.

https://bitcointalk.org/index.php?topic=609277.msg6732790#msg6732790

Lifeforce Pools : http://www.lifeforce.info
Earthcoin :http://eac.lifeforce.info -  Netcoin:  http://net.lifeforce.info - Hundred Coin Pool : http://100.lifeforce.info
Redoakcoin Pool : http://roc.lifeforce.info Guldencoin http://nlg.lifeforce.info also Worldcoin, Guncoin, NOBL, USDe, Tagcoin, Topcoin , Tagcoin , Credits, Goldcoin & Hobonickels
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May 15, 2014, 03:03:20 PM
 #15

by the way at 12:30 am time in the Netherlands last night they fired up their first functional prototype of their new miner : see here

https://bitcointalk.org/index.php?topic=609277.msg6732790#msg6732790

it's the bitcoin version but the casing and design will be tte same for the scrypt version which is also very close to being fired up soon.

expect rapid progress

I was given this information by Marc Coumans in a Facebook chat last night minutes after they posted the video and pictures on their Facebook page.

as a customer with a few machines on order I can tell you these guys are a pleasure to deal with.

please note the quality engineering and the clean work environment of the test location. It's a pleasant surprise given the horrible lab conditions I see in the video posted from the chinese manufacturers located on the back alleys of dirty streets in china - of course this is just my personal opinion and other than being a customer I have no relationship with the company.

https://bitcointalk.org/index.php?topic=609277.msg6732790#msg6732790


The scrypt miners will work fine just like bitcoin miners.

Marc Coumans CEO of Mining Asics assured me of that last night in a Facebook Chat - the case will look the same also.


Lifeforce Pools : http://www.lifeforce.info
Earthcoin :http://eac.lifeforce.info -  Netcoin:  http://net.lifeforce.info - Hundred Coin Pool : http://100.lifeforce.info
Redoakcoin Pool : http://roc.lifeforce.info Guldencoin http://nlg.lifeforce.info also Worldcoin, Guncoin, NOBL, USDe, Tagcoin, Topcoin , Tagcoin , Credits, Goldcoin & Hobonickels
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May 15, 2014, 05:37:48 PM
 #16

I do also think they work fine. For now, we need more shares sold ^^.  I'm not able to buy many shares. There are just 5 shares sold now, right?

I might buy some later if more shares are sold.

{Curently quite inactive as I'm really busy in my private life. I will get back soon!}

-> Your line here during my inactivity? Feel free to PM <-
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May 15, 2014, 05:51:03 PM
 #17

I do also think they work fine. For now, we need more shares sold ^^.  I'm not able to buy many shares. There are just 5 shares sold now, right?

I might buy some later if more shares are sold.

Thanks for your interest.

Yes so far 5 shares have been sold.

Tell everyone you know about this groupbuy.

This the only groupbuy for Excalibur 4 in bitcointalk.

I will, unfortunately I don't know much people (in real) which are into the Crypto Community.

As far as the ROI concerns, it's really important to receive the ASIC quite early.

{Curently quite inactive as I'm really busy in my private life. I will get back soon!}

-> Your line here during my inactivity? Feel free to PM <-
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May 15, 2014, 06:58:18 PM
 #18

Hi,

I am very interested of 2 or 3 shares but i have my BTC early june.
So i hope this GB going to be still open in wk23?

-tmu
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May 17, 2014, 12:05:11 AM
 #19

So mining will be directed by the shareholders? Will there be a profit switching strategy?
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July 01, 2015, 08:54:21 AM
 #20

I would like to buy Excaliber itself if the price will be reasonable.  Cool

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