I am upgrading my FPGA miners from Butterfly Labs (BFL) to ASIC.
As many of you know, BFL offers dollar-for-dollar trade-in of up to 50% of the ASIC purchase price.
To raise the funds required, I would like to give those who are interested in buying ASIC SC Singles from Butterfly labs a discount*, if they buy through me.
Furthermore, I would like to get individuals who don't want to purchase a whole ASIC SC Single the opportunity to get shares now and either have me mine for them (at full PPS, I charge no fees or energy cost, but the mining pool might charge a few percent for using PPS) with the option to purchase their equipment at the same discount* as people who get shares for full units.
So here's the deal:
I'm offering 9 SC Singles at a
15% discounted* rate from BFL's dollar price as shares. 200 shares equals one SC Single.
If you hold 200 shares, you own the physical unit, and once they start shipping, you can request a shares transfer back to me in exchange for the hardware.
This will be free shipping to the continuous US, for international shipping fees will apply.
Even if you opted to leave them hosted at my site, you can always request a shares transfer to receive the units later.
Those who hold shares of less than 200, will receive PPS payout as a proportional fraction of hashing power for the hardware.
E.g. owning 100 shares will get you 50% hashing power of one SC Single.
The GLBSE listing PUREASIC will IPO on July 14 (next Saturday) at 10:00 EST (GLBSE time).
I will offer 1800 shares
for 0.825BTC each, that is equal to 9 SC Singles
at 165BTC. *Edit: Price discounts were limited to IPO
PUREASIC will IPO Saturday July 14 at 10:00am EST
Shares at IPO day (or purchase pre-IPO) will sell for 0.76 btc/shareYou can find the GLBSE listing at:
https://glbse.com/asset/view/PUREASICUpdates:
1800 Shares sold at IPO day.
ASIC SC Singles order completed and confirmed by BFL for July, 15, 2012 order date.
More full units (multiples of 200 shares) available on request (send PM)(extra units sold outside GLBSE/PureASIC)
10/06/2012: As we know at this point, GLBSE has closed. All investors that own full units have been notified and their assets are being converted to private purchase agreements.
10/07/2012: All holders of full SC Single units (i.e. multiples of 200 shares) have been converted to private purchase agreements and received GPG signed contracts.
10/10/2012: Selling off the last SC Single, PM me if interested to buy
10/24/2012: Last SC Single sold! Payout of 0.825btc/share will commence for IPO share holders that own part of this unit (i.e. less than 200 shares).
10/29/2012: All known IPO investors are paid out for the remaining shares. Final payouts are pending on receipt of the shareholder information from GLBSE/Nefario.
For those of you who own less than 200 shares at this point, please follow this thread for updates. GLBSE does not hold any BTC from PureASIC.
Also for those, who still own some shares less than 200, please go to GLBSE and fill out the claim form!12/23/2012: Shareholder list received, all investors contacted, most have responded and are already paid
01/04/2013: Investor payout of remaining shares complete
06/30/2013: Order changed from "FPGA Pending" to "Processing". All buyers have been contacted and responded back.
08/27/2013: Order has shipped from BFL, buyers should expect their individual tracking info by Friday.
08/31/2013: Most units have been shipped, some have 'special arrangements' by their owners and will follow soon.
09/09/2013: All units have been shipped.
