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Author Topic: ASIC.COOP ASIC MINERS COOPERATIVE  (Read 17163 times)
ciuciu
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June 17, 2012, 08:32:13 PM
 #61

I answered so many PM and questions today, I forgot about your promise.

Thank you.

No, I just sent 0.5BTC to myself, as my contribution. Use the total received on that page as your guide. Why are you asking? Do you want to donate Cheesy ?

Did the first donator ask for his 0.50 BTC back ? Or was that just you yourself who had put in something to get this started ?

If so, why did you take it out ?

Hahaha Yes, told you before !  Tongue

Waiting for a weekly pay-out, then you can expect 1 BTC going to that adress and yes, you can put my username on the donator list after you have received it  Grin

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ciuciu
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June 18, 2012, 01:34:04 PM
 #62

New donation received.

Thank you DutchBrat.

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June 18, 2012, 05:37:21 PM
 #63

If 3.5 Gh/s can be powered by USB, I think 1 Th/s will not be a issue here. By the way, what is max power for a USB port anyway?
4.5 or possibly a fair amount more if it's USB 3?

It was a cunning plan to have the funny man be the money fan of the punning clan.
1J13NBTKiV8xrAo2dwaD4LhWs3zPobhh5S
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June 18, 2012, 11:54:37 PM
 #64

I have donated the entire 8 BTC.

Hurdle one is done   Cheesy
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June 19, 2012, 02:15:35 AM
 #65

Thank you very much. Let's start working on the contract. Any pro bono lawyers available  Cheesy ?

I have donated the entire 8 BTC.

Hurdle one is done   Cheesy

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June 20, 2012, 01:19:34 PM
 #66

Updated with the IPO description draft.
              Work done by dreamwatcher.

Thank you.

Thank you very much. Let's start working on the contract. Any pro bono lawyers available  Cheesy ?

I have donated the entire 8 BTC.

Hurdle one is done   Cheesy

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June 20, 2012, 01:40:14 PM
 #67

It is a good idea to state what the operating costs will be and to how much $ or BTC that comes to per week/month
ciuciu
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June 20, 2012, 01:47:09 PM
 #68

It is hard to estimate at the moment.
I pay $0.075 for power.
I will operate it for free.
We might need to insure the unit, but I can't give an estimate yet.

Please tell me if you see other possible costs.

It is a good idea to state what the operating costs will be and to how much $ or BTC that comes to per week/month

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June 20, 2012, 01:48:36 PM
 #69

You should edit the thread title.

"ASIC MINERS COOPERATIVE 0.03$ PER 1MH/S"
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June 20, 2012, 01:53:18 PM
 #70

It is hard to estimate at the moment.
I pay $0.075 for power.
I will operate it for free.
We might need to insure the unit, but I can't give an estimate yet.

Please tell me if you see other possible costs.

It is a good idea to state what the operating costs will be and to how much $ or BTC that comes to per week/month

Cooling; PC terminal; Internet... all these "little thinghs" have costs", so often forgoten
ciuciu
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June 20, 2012, 01:59:43 PM
 #71

For all these I will add 1KW/h to the electricity cost. If there are other costs they will be submitted for shareholders approval.

It is hard to estimate at the moment.
I pay $0.075 for power.
I will operate it for free.
We might need to insure the unit, but I can't give an estimate yet.

Please tell me if you see other possible costs.

It is a good idea to state what the operating costs will be and to how much $ or BTC that comes to per week/month

Cooling; PC terminal; Internet... all these "little thinghs" have costs", so often forgoten

DutchBrat
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June 20, 2012, 02:10:39 PM
 #72

For all these I will add 1KW/h to the electricity cost. If there are other costs they will be submitted for shareholders approval.

It is hard to estimate at the moment.
I pay $0.075 for power.
I will operate it for free.
We might need to insure the unit, but I can't give an estimate yet.

Please tell me if you see other possible costs.

It is a good idea to state what the operating costs will be and to how much $ or BTC that comes to per week/month

Cooling; PC terminal; Internet... all these "little thinghs" have costs", so often forgoten

Perhaps have a website up and running where shareholders can see the hashrate of the machine

At the moment I am checking my miners 25/7.... am pretty tired I must say  Grin
ciuciu
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June 20, 2012, 02:13:31 PM
 #73

Yes, this will be done.

For all these I will add 1KW/h to the electricity cost. If there are other costs they will be submitted for shareholders approval.

It is hard to estimate at the moment.
I pay $0.075 for power.
I will operate it for free.
We might need to insure the unit, but I can't give an estimate yet.

Please tell me if you see other possible costs.

It is a good idea to state what the operating costs will be and to how much $ or BTC that comes to per week/month

Cooling; PC terminal; Internet... all these "little thinghs" have costs", so often forgoten

Perhaps have a website up and running where shareholders can see the hashrate of the machine

At the moment I am checking my miners 25/7.... am pretty tired I must say  Grin

dreamwatcher
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June 20, 2012, 03:00:09 PM
 #74

Yes, this will be done.

For all these I will add 1KW/h to the electricity cost. If there are other costs they will be submitted for shareholders approval.

It is hard to estimate at the moment.
I pay $0.075 for power.
I will operate it for free.
We might need to insure the unit, but I can't give an estimate yet.

Please tell me if you see other possible costs.

It is a good idea to state what the operating costs will be and to how much $ or BTC that comes to per week/month


Cooling; PC terminal; Internet... all these "little thinghs" have costs", so often forgoten

Perhaps have a website up and running where shareholders can see the hashrate of the machine

At the moment I am checking my miners 25/7.... am pretty tired I must say  Grin

I have acquired the domain asicminercoop.com and will develop the website until somebody in the coop that is more expert at web development volunteers to take over. I am more of a network-hardware person myself.
ciuciu
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June 20, 2012, 03:02:22 PM
 #75

Good news! Thank you dreamwatcher!

Yes, this will be done.

For all these I will add 1KW/h to the electricity cost. If there are other costs they will be submitted for shareholders approval.

It is hard to estimate at the moment.
I pay $0.075 for power.
I will operate it for free.
We might need to insure the unit, but I can't give an estimate yet.

Please tell me if you see other possible costs.

It is a good idea to state what the operating costs will be and to how much $ or BTC that comes to per week/month


Cooling; PC terminal; Internet... all these "little thinghs" have costs", so often forgoten

Perhaps have a website up and running where shareholders can see the hashrate of the machine

At the moment I am checking my miners 25/7.... am pretty tired I must say  Grin

I have acquired the domain asicminercoop.com and will develop the website until somebody in the coop that is more expert at web development volunteers to take over. I am more of a network-hardware person myself.


pekv2
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June 20, 2012, 04:36:43 PM
 #76

It is hard to estimate at the moment.
I pay $0.075 for power.
I will operate it for free.
We might need to insure the unit, but I can't give an estimate yet.

Please tell me if you see other possible costs.

It is a good idea to state what the operating costs will be and to how much $ or BTC that comes to per week/month

What I have been reading that there is a possibility of failure rate, that seems to be a great idea is to insure the unit in some way. Especially spending multiple thousands of dollars on it.
dreamwatcher
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June 20, 2012, 05:02:23 PM
 #77

It is hard to estimate at the moment.
I pay $0.075 for power.
I will operate it for free.
We might need to insure the unit, but I can't give an estimate yet.

Please tell me if you see other possible costs.

It is a good idea to state what the operating costs will be and to how much $ or BTC that comes to per week/month

What I have been reading that there is a possibility of failure rate, that seems to be a great idea is to insure the unit in some way. Especially spending multiple thousands of dollars on it.

I would assume/demand a warranty on the unit

A $30,000 piece of equipment should have a multi-year warranty.

Automobiles that cost less normally have a minimum of 3 year warranty, and they are subject to weather and all kinds of abuse.

If the warranty offered by Butterfly Labs is inadequate, we can haggle for a better warranty.

When dealing with this level of purchase, some negotiation should be expected.


ciuciu
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June 20, 2012, 05:05:20 PM
 #78

Until now, they offered a 6 months warranty. We can ask for a longer warranty if possible, or we can get some form of private insurance.

It is hard to estimate at the moment.
I pay $0.075 for power.
I will operate it for free.
We might need to insure the unit, but I can't give an estimate yet.

Please tell me if you see other possible costs.

It is a good idea to state what the operating costs will be and to how much $ or BTC that comes to per week/month

What I have been reading that there is a possibility of failure rate, that seems to be a great idea is to insure the unit in some way. Especially spending multiple thousands of dollars on it.

I would assume/demand a warranty on the unit

A $30,000 piece of equipment should have a multi-year warranty.

Automobiles that cost less normally have a minimum of 3 year warranty, and they are subject to weather and all kinds of abuse.

If the warranty offered by Butterfly Labs is inadequate, we can haggle for a better warranty.

When dealing with this level of purchase, some negotiation should be expected.




dreamwatcher
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June 20, 2012, 05:14:52 PM
 #79

For a customer level product, like the singles, I can see that. To me, that is still low for even that level of the market.

No business in their right mind is going to accept a 6 month warranty on a $30k asset, and I certainly hope BFL knows that.

IF not, the COOP needs to negotiate an acceptable warranty, this should not be hard, the warranty costs BFL nothing if the unit does not break down.

If the unit breaks down and the unit is repaired at BFL, the costs would more than likely be much less than the profit they made on the unit in the first place.

I do not see this as a hard negotiation point, especially if we get the pool setup and establish a relationship with BFL early on.







Until now, they offered a 6 months warranty. We can ask for a longer warranty if possible, or we can get some form of private insurance.

It is hard to estimate at the moment.
I pay $0.075 for power.
I will operate it for free.
We might need to insure the unit, but I can't give an estimate yet.

Please tell me if you see other possible costs.

It is a good idea to state what the operating costs will be and to how much $ or BTC that comes to per week/month

What I have been reading that there is a possibility of failure rate, that seems to be a great idea is to insure the unit in some way. Especially spending multiple thousands of dollars on it.

I would assume/demand a warranty on the unit

A $30,000 piece of equipment should have a multi-year warranty.

Automobiles that cost less normally have a minimum of 3 year warranty, and they are subject to weather and all kinds of abuse.

If the warranty offered by Butterfly Labs is inadequate, we can haggle for a better warranty.

When dealing with this level of purchase, some negotiation should be expected.



ciuciu
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June 20, 2012, 05:44:23 PM
 #80

When I made the affirmation, I was thinking of CPA  Cheesy.

Thank you usagi.

Until now, they offered a 6 months warranty. We can ask for a longer warranty if possible, or we can get some form of private insurance.

At the risk of advertising in another thread, CPA will extend the warranty on BFL singles. We did this for ABM, for example.


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