ASICMiner USB group buy- orders closed, pay for extra! - page 112.

SilentSonicBoom

sr. member

Activity: 336

Merit: 250

Quote from: arklan on May 05, 2013, 01:55:13 PM

Quote from: SilentSonicBoom on May 05, 2013, 01:54:28 PM

Quote from: arklan on May 05, 2013, 01:47:38 PM

ya know what, i just realized something - i think my math regarding my fee is wrong.

it's 1.99 per unit plus .05 = 2.04 + 2% = 2.0808 x 300 = 624.24. but im an idiot and didn't include the 6 btc that would be my fee. even if i'm taking it as miners, it's gota come from somewhere. cause as is it stands, it's 2.0808 x 297 = 617.9976. so... so there's a remaining 6.24 (call it 6 btc even since i don't have to pay myself shipping) that needs to becover. so, 6/297 = .02020202~ so that DOES change the price.

price revision is 2.10812 btc per unit.

man, i hate math. someone double check this for me?

Please be aware, you will need a lump sum of cash to pay for the shipping of units to individuals. I hope you have this cash or an easy way to convert btc to cash to pay the shipping costs.

i've got that part covered, yea.

Great! Sign me up for one unit at this time. Thanks!

Klestin

hero member

Activity: 493

Merit: 500

I think so. Also note that due to rounding, 2.1013 leaves you short 9 bitcents, so either your fee is 3 units minus 9 bitcents, or round up to 2.1014 and call it a day.

I expect everyone would have been fine with your 2.10812 price, but you did ask for a math check! Grin

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: Klestin on May 05, 2013, 01:54:47 PM

My math:
297*2.04 (296 shipping items)
3*1.99 (arklan's fee)
-------------
611.85
+ 2%
--------------
624.087
/ 297
--------------
2.1013

good catch! i was charging myself shipping for the first one, wasn't i?

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: SilentSonicBoom on May 05, 2013, 01:54:28 PM

Quote from: arklan on May 05, 2013, 01:47:38 PM

ya know what, i just realized something - i think my math regarding my fee is wrong.

it's 1.99 per unit plus .05 = 2.04 + 2% = 2.0808 x 300 = 624.24. but im an idiot and didn't include the 6 btc that would be my fee. even if i'm taking it as miners, it's gota come from somewhere. cause as is it stands, it's 2.0808 x 297 = 617.9976. so... so there's a remaining 6.24 (call it 6 btc even since i don't have to pay myself shipping) that needs to becover. so, 6/297 = .02020202~ so that DOES change the price.

price revision is 2.10812 btc per unit.

man, i hate math. someone double check this for me?

Please be aware, you will need a lump sum of cash to pay for the shipping of units to individuals. I hope you have this cash or an easy way to convert btc to cash to pay the shipping costs.

i've got that part covered, yea.

Klestin

hero member

Activity: 493

Merit: 500

My math:
297*2.04 (296 shipping items)
3*1.99 (arklan's fee)
-------------
611.85
+ 2%
--------------
624.087
/ 297
--------------
2.1013

This essentially "charges" arklan for shipping his one original order, but he is repaid the same amount.

SilentSonicBoom

sr. member

Activity: 336

Merit: 250

Quote from: arklan on May 05, 2013, 01:47:38 PM

ya know what, i just realized something - i think my math regarding my fee is wrong.

it's 1.99 per unit plus .05 = 2.04 + 2% = 2.0808 x 300 = 624.24. but im an idiot and didn't include the 6 btc that would be my fee. even if i'm taking it as miners, it's gota come from somewhere. cause as is it stands, it's 2.0808 x 297 = 617.9976. so... so there's a remaining 6.24 (call it 6 btc even since i don't have to pay myself shipping) that needs to becover. so, 6/297 = .02020202~ so that DOES change the price.

price revision is 2.10812 btc per unit.

man, i hate math. someone double check this for me?

Please be aware, you will need a lump sum of cash to pay for the shipping of units to individuals. I hope you have this cash or an easy way to convert btc to cash to pay the shipping costs.

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: Xian01 on May 05, 2013, 01:49:50 PM

Is the price of 1 unit locked @ 2BTC static, independent of fiat/USD exchange value vs BTC ?

yea, that's ASICMINER's pricing. technically i could set up the shipping to be in USD, but... well, frankly, that seems like a massive headache.

Xian01

legendary

Activity: 1652

Merit: 1067

Christian Antkow

Is the price of 1 unit locked @ 2BTC static, independent of fiat/USD exchange value vs BTC ?

arklan

legendary

Activity: 1778

Merit: 1008

ya know what, i just realized something - i think my math regarding my fee is wrong.

it's 1.99 per unit plus .05 = 2.04 + 2% = 2.0808 x 300 = 624.24. but im an idiot and didn't include the 6 btc that would be my fee. even if i'm taking it as miners, it's gota come from somewhere. cause as is it stands, it's 2.0808 x 297 = 617.9976. so... so there's a remaining 6.24 (call it 6 btc even since i don't have to pay myself shipping) that needs to becover. so, 6/297 = .02020202~ so that DOES change the price.

price revision is 2.10812 btc per unit.

man, i hate math. someone double check this for me?

Bogart

legendary

Activity: 966

Merit: 1000

Quote from: GenTarkin on May 05, 2013, 01:07:17 PM

for all you people complaining about price(count me in as one of them, 300mh for 200$ is a ripoff).... the only way to make it go lower is for everyone to request refund and refuse to order at these prices. But, because u guys are so impatient to get the slightest increase in hashing power at no matter the cost...they will continue to sell at such prices(pathetic)

That's the free market in action for ya.

Given how this GB is shaping up, it looks like they've priced them at a level where they'll sell plenty.

arklan

legendary

Activity: 1778

Merit: 1008

currently we have:
arklan 1 (+3 as fee for organizing the group buy)
bigbeninlondon 1
hephaist0s 3
BlackLilac Grant 10
johnny5 20
Stevenrm87 1
AForceNinja 5
DPoS 4
CanaryInTheMine 1
Bogart 10
Oaxaca 10
Photon939 2
purplesquid 10
zapeta 5
GreatBug 5
thoughtcourier 1
Herbalconfusion 5
Pez 1
finalmoney 10 - canceled. Sad

cchan 5
el3ctrophile 4
logicbomb666 1
win07 1
bitcoinmike 4
noitev 1
DeveloperFish 5
chaxattack 2
muyuu 2
shep80 1
ensign_lee 5
wa4hsh 2
silverbox 1
Klestin 2
Timzim 4
CommanderVenus 1
twobits 3
lostmach 5
tigerfree 1
veryveryinteresting 3

for a total of 147. 153 remaining!

oh, and as per john's suggestion, i'll set up a spread sheet for this later. right now i need food...

veryveryinteresting

member

Activity: 60

Merit: 10

I will join in for 3, please.

johnny5

member

Activity: 90

Merit: 10

Please +5 to my 15, for a total of 20. tyvm!

arklan

legendary

Activity: 1778

Merit: 1008

currently we have:
arklan 1 (+ as fee for organizing the group buy)
bigbeninlondon 1
hephaist0s 3
BlackLilac Grant 10
johnny5 15
Stevenrm87 1
AForceNinja 5
DPoS 4
CanaryInTheMine 1
Bogart 10
Oaxaca 10
Photon939 2
purplesquid 10
zapeta 5
GreatBug 5
thoughtcourier 1
Herbalconfusion 5
Pez 1
~~finalmoney 10~~ - canceled. Sad

cchan 5
el3ctrophile 4
logicbomb666 1
win07 1
bitcoinmike 4
noitev 1
DeveloperFish 5
chaxattack 2
muyuu 2
shep80 1
ensign_lee 5
wa4hsh 2
silverbox 1
Klestin 2
Timzim 4
CommanderVenus 1
twobits 3
lostmach 5
tigerfree 1
Kushedout 2

for a total of 141. 159 remaining!

Kushedout

legendary

Activity: 1123

Merit: 1000

SaluS - (SLS)

put me down for 2.
thanks

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: SilentSonicBoom on May 05, 2013, 01:13:02 PM

Quote from: purplesquid on May 05, 2013, 11:26:06 AM

I propose a solution to the distribution problem: Payment.

Essentially, the group buy total would figure in a percentage that Arklan decides is fair for his labor in divvying up the packages. JohnK will receive all the funds, and place the group order shipped to Arklan. The leftover amount should be remaining individual shipping costs and Arklan's fee which will be released as soon as proof of delivery is shown to JohnK of these orders from Arklan (via delivery conf #'s). Since John is asking 2% I think this would be a fair service to ask of him, to place a group order and to pay the bounty to Arklan upon success.

We need a total group buy price. Currently each is estimated at 2.0808 which includes John's fee and an assumed shipping cost of 0.05 per unit = 624.24 Shipping assumes all these buys stay in domestic USA, which I believe it was intended to at some point.

Arklan, how much time/money do you need to make sure get all these out? Since JohnK is highly repped and charging 2% I think maybe 1% is fair for this group buy, about 6 btc.

At these terms:

cost = units + shipping * fees
630.36 BTC = (300*1.99btc) + (300*0.05btc) * (1.03)

Grand Total of 2.1012 BTC per device. A price difference of 0.0204 but motivates everyone to play more fair?

Feel free to take shits all over this, I am sure it could be improved and modified but maybe something like this could work....

arklan,
Is the new price 2.1012 btc per uni?. If so, please update on the first post. Thank you.

because i'm choosing to take my fee as miners, the total amount to be paid is 624.24, which is the .05 btc shipping and the 2% fee to john. my fee isn't nay btc, but rather more miners for me. thus ,the price remains 2.0808 per unit.

SilentSonicBoom

sr. member

Activity: 336

Merit: 250

Quote from: purplesquid on May 05, 2013, 11:26:06 AM

I propose a solution to the distribution problem: Payment.

Essentially, the group buy total would figure in a percentage that Arklan decides is fair for his labor in divvying up the packages. JohnK will receive all the funds, and place the group order shipped to Arklan. The leftover amount should be remaining individual shipping costs and Arklan's fee which will be released as soon as proof of delivery is shown to JohnK of these orders from Arklan (via delivery conf #'s). Since John is asking 2% I think this would be a fair service to ask of him, to place a group order and to pay the bounty to Arklan upon success.

We need a total group buy price. Currently each is estimated at 2.0808 which includes John's fee and an assumed shipping cost of 0.05 per unit = 624.24 Shipping assumes all these buys stay in domestic USA, which I believe it was intended to at some point.

Arklan, how much time/money do you need to make sure get all these out? Since JohnK is highly repped and charging 2% I think maybe 1% is fair for this group buy, about 6 btc.

At these terms:

cost = units + shipping * fees
630.36 BTC = (300*1.99btc) + (300*0.05btc) * (1.03)

Grand Total of 2.1012 BTC per device. A price difference of 0.0204 but motivates everyone to play more fair?

Feel free to take shits all over this, I am sure it could be improved and modified but maybe something like this could work....

arklan,
Is the new price 2.1012 btc per unit? If so, please update on the first post. Thank you.

tigerfree

legendary

Activity: 1015

Merit: 1000

i want to buy 1 for fun only

,

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: GenTarkin on May 05, 2013, 01:07:17 PM

for all you people complaining about price(count me in as one of them, 300mh for 200$ is a ripoff).... the only way to make it go lower is for everyone to request refund and refuse to order at these prices. But, because u guys are so impatient to get the slightest increase in hashing power at no matter the cost...they will continue to sell at such prices(pathetic)

just a clarification: no money has been paid in any form to me, john, or friedcat for this group buy. to my knowledge, asicminer hasn't accepted any orders for these yet, therefore there can BE no refunds.

obviously, if anyone wants to cancel their order here, please do so.

GenTarkin

legendary

Activity: 2450

Merit: 1002

for all you people complaining about price(count me in as one of them, 300mh for 200$ is a ripoff).... the only way to make it go lower is for everyone to request refund and refuse to order at these prices. But, because u guys are so impatient to get the slightest increase in hashing power at no matter the cost...they will continue to sell at such prices(pathetic)

Topic: ASICMiner USB group buy- orders closed, pay for extra! - page 112. (Read 165774 times)