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Topic: 63.1265 BTC share of CoinHoarder's Avalon Batch 3 Group Buy (3 day auction!) - page 6. (Read 4686 times)

sr. member
Activity: 335
Merit: 250
When were you projecting / guestimating receipt of the Batch 3 units, and start up of the mining process?

BTW - 10 GH @ 19.24
sr. member
Activity: 335
Merit: 250
When were you projecting / guestimating receipt of the Batch 3 units, and start up of the mining process?
member
Activity: 103
Merit: 10
Ok I am interested.  Lets get this thing started.

5 GH at 9.62 BTC
sr. member
Activity: 434
Merit: 250
sr. member
Activity: 434
Merit: 250
So can I assume that the minimum bid is 100 BTC for the whole stake.

And also, the minimum bid is 1.924BTC per GH/s?

100BTC/51.971 Gh=1.924 BTC


member
Activity: 103
Merit: 10
So can I assume that the minimum bid is 100 BTC for the whole stake.

And also, the minimum bid is 1.924BTC per GH/s?

100BTC/51.971 Gh=1.924 BTC

sr. member
Activity: 434
Merit: 250
Hi everyone!

I am here representing Cycloid, a member in my Batch 3 Avalon group buy. He would like to auction off his share of our investment, which totals to 63.1265 BTC.

Cycloid's Ownership Information:
Cycloid's ownership: 63.1265 BTC
Cycloid's ownership percentage: ~ 8.73478368%
Cycloid's portion of hash speed: ~ 51.971 Gh



Quote
How can we bid for portions of the ~51 GH/s?


This was a group buy, so I can sell of my entire position or shares.
member
Activity: 103
Merit: 10
Just to make it interesting I can sell it in portions of
10GHash X 20BTC starting bids , this means you can bid

20GH @ 21BTC and so on as long as starting point is with in lowest bid of 100GH for full share


-Cycloid, please recheck these numbers.  This doesnt make sense to me at all.

How can we bid for portions of the ~51 GH/s?
sr. member
Activity: 434
Merit: 250
Cycloid, why are you selling out now?

Have you lost confidence Avalon will deliver?

Not at all, I just bought BFL 1.5TH September 15th preorder and with that kind of hashing power I dont mind waiting another 6months a year Smiley

Just trying to take some profits in BTC and hold while I wait.
member
Activity: 103
Merit: 10
Cycloid, why are you selling out now?

Have you lost confidence Avalon will deliver?
sr. member
Activity: 434
Merit: 250
Just to make it interesting I can sell it in portions of
10GHash X 20BTC starting bids , this means you can bid

20GH @ 21BTC and so on as long as starting point is with in lowest bid of 100GH for full share.

sr. member
Activity: 434
Merit: 250
Yep lets do dis Smiley

I personally guarantee that it will go to highest bidder at the end of the auction. NO PM's everything will be done official and in the open.

Cheers
legendary
Activity: 1484
Merit: 1026
In Cryptocoins I Trust
Hi everyone!

I am here representing Cycloid, a member in my Batch 3 Avalon group buy. He would like to auction off his share of our investment, which totals to 63.1265 BTC.

Group buy information:
Original Thread: https://bitcointalksearch.org/topic/group-buy-avalon-asic-batch-3-closed-seven-4-module-avalons-ordered-157930
Our Forums: http://yourcoins.org/forums/index.php?forums/avalon-group-buy.2/
Each investor owns a percentage of each of the seven 4 Module ASICs that were ordered.
Monthly dividends will be pad out to each investor according to their ownership percentage.
Dividends will be paid after electricity costs, any pool fee (yet to be determined), and my 3% hosting fee are taken out.
Total BTC invested in the group buy: 722.7025 BTC
595 Gh total from all Seven Avalons

Cycloid's Ownership Information:
Cycloid's ownership: 63.1265 BTC
Cycloid's ownership percentage: ~ 8.73478368%
Cycloid's portion of hash speed: ~ 51.971 Gh

The auction will last 3 days from the time of this OP (7:43 CST, 4/29/2013).

The starting bid is 100 BTC.


Cycloid should be posting with a reply shortly to confirm that he does indeed wish to sell his shares.

Thanks,

Ch
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