interest? bulk antminer s5 100 unit group buy hosted & resold seperate FAST ROI

[tripppn]

That's why I think it would be good to get the money in so that we can jump on them as soon as the next gen comes out

I don't see how this makes sense. The "next gen" miner could be a "Louder than S5, 1500W, 220V only, $950" device delivered in October that won't fit half the people that contribute early.

Sorry to be "Debbie Downer" but throwing money into a Group Buy of a non-existent Antminer device makes NO sense to me.

That is possible but looking at bitmains track record they have very consistent in making rigs for the average Joe miner.  Not saying they won't change course just seems unlikely to me.

Also a 1500W next gen miner would probably be getting close to 5Th in 1 rig which would still have a good audience especially at $950. 

Obviously just speculation.

[clgrissom3]

This sounds interesting...waiting for more details.

[Flep182]

That's why I think it would be good to get the money in so that we can jump on them as soon as the next gen comes out

I don't see how this makes sense. The "next gen" miner could be a "Louder than S5, 1500W, 220V only, $950" device delivered in October that won't fit half the people that contribute early.

Sorry to be "Debbie Downer" but throwing money into a Group Buy of a non-existent Antminer device makes NO sense to me.

I would call you a 'common-sense Charlie'

I am not   knocking  buying gear that is old.

  A s-5 for 300 usd costing 9 cents a kwatt would be a very good deal.  So getting s-5's might be good if the price is correct.

I'm not fully up to speed with the Bitmain chatter about their next step. They usually announce it just a bit beforehand to take in orders while producing them.
Knowing their speed of bringing out models one wouldn't want to buy just before the lowering of price of the current model and the announcement of the newest one.

But yes, at 300 USD and 9 cents a kwh, you will be ok for a while Diff hasn't moved a lot since January

[Maidak]

Just to update everyone on this this will no longer be an antminer s5 group buy. The group buy will be funded in advance and used to purchase the most sensible hardware currently on the market or the newest pre order that has the best cost and specs.

Now one thing that I thought would be cool is making my own altcoin that is handed out by me for each "share" of the hardware that's hosted and being resold. The altcoin is just an idea I'd like to hear feedback ok this before I start collecting the funds for this group buy.

[sacskate]

Just to update everyone on this this will no longer be an antminer s5 group buy. The group buy will be funded in advance and used to purchase the most sensible hardware currently on the market or the newest pre order that has the best cost and specs.

Now one thing that I thought would be cool is making my own altcoin that is handed out by me for each "share" of the hardware that's hosted and being resold. The altcoin is just an idea I'd like to hear feedback ok this before I start collecting the funds for this group buy.

Just use colored coins.. I'm using them for a few side projects. I use https://www.coinprism.com

[Maidak]

Just to update everyone on this this will no longer be an antminer s5 group buy. The group buy will be funded in advance and used to purchase the most sensible hardware currently on the market or the newest pre order that has the best cost and specs.

Now one thing that I thought would be cool is making my own altcoin that is handed out by me for each "share" of the hardware that's hosted and being resold. The altcoin is just an idea I'd like to hear feedback ok this before I start collecting the funds for this group buy.

Just use colored coins.. I'm using them for a few side projects. I use https://www.coinprism.com

That's exactly what is needed thanks for this! Since I decided this group buy will be better off purchasing a product that has yet to be announced, in order to be 3 steps ahead of the game being one of the first pre orders on a new product from a reliable source such as bitmaintech.com. To do this funds need to be collected in advance prior to an announcement. This from my own history has proven results as far as the profitability in both mining and resale value.

Go with colored coins?

Go with shares?

[tripppn]

Just to update everyone on this this will no longer be an antminer s5 group buy. The group buy will be funded in advance and used to purchase the most sensible hardware currently on the market or the newest pre order that has the best cost and specs.

Now one thing that I thought would be cool is making my own altcoin that is handed out by me for each "share" of the hardware that's hosted and being resold. The altcoin is just an idea I'd like to hear feedback ok this before I start collecting the funds for this group buy.

Just use colored coins.. I'm using them for a few side projects. I use https://www.coinprism.com

That's exactly what is needed thanks for this! Since I decided this group buy will be better off purchasing a product that has yet to be announced, in order to be 3 steps ahead of the game being one of the first pre orders on a new product from a reliable source such as bitmaintech.com. To do this funds need to be collected in advance prior to an announcement. This from my own history has proven results as far as the profitability in both mining and resale value.

Go with colored coins?

Go with shares?

I don't really see the benefit of using a colored coin or any other alt coin for that matter.  Just stick with btc and do shares.

[sacskate]

Just to update everyone on this this will no longer be an antminer s5 group buy. The group buy will be funded in advance and used to purchase the most sensible hardware currently on the market or the newest pre order that has the best cost and specs.

Now one thing that I thought would be cool is making my own altcoin that is handed out by me for each "share" of the hardware that's hosted and being resold. The altcoin is just an idea I'd like to hear feedback ok this before I start collecting the funds for this group buy.

Just use colored coins.. I'm using them for a few side projects. I use https://www.coinprism.com

That's exactly what is needed thanks for this! Since I decided this group buy will be better off purchasing a product that has yet to be announced, in order to be 3 steps ahead of the game being one of the first pre orders on a new product from a reliable source such as bitmaintech.com. To do this funds need to be collected in advance prior to an announcement. This from my own history has proven results as far as the profitability in both mining and resale value.

Go with colored coins?

Go with shares?

I don't really see the benefit of using a colored coin or any other alt coin for that matter.  Just stick with btc and do shares.

Colored coins are an easy way to do shares. Depending on how much you invest, say 100 colored coins per $100 usd, then you can easily send out btc payments and it auto sends out evenly depending on how many colored coins you hold. Another good thing is your colored coins or "shares" can be sold or traded at anytime

[erre]

Waiting for more details. Colored coins are good, but also a spreadsheet with bitcoin addresses should work 

[tripppn]

Waiting for more details. Colored coins are good, but also a spreadsheet with bitcoin addresses should work 

Agree with spreadsheet with btc addresses but I've been out of the game for a bit and will leave it to the experts