Date: Monday, 20th May 2013Group Buy
CLOSEDSorry people, unfortunately the interest in plan B in my PMs were also low. I have no choice but to close this group buy.
Thanks for your support and interest, may your future endeavours go more smoothly next time.
QG
Date: Wednesday, 15th May 2013I have dropped the minimum units per order to 1 @ 2.16BTC each for orders, 3 units and under. Orders above 4 units remain at cost price of 1.99BTC. Prices listed in the below table includes the 0.54BTC fee per order.
No. of Cost Per Total
Units Unit Cost
1 2.7000 2.70
2 2.4300 4.86
3 2.3400 7.02
4 2.1250 8.50
5 2.0980 10.49
6 2.0800 12.48
7 2.0671 14.47
8 2.0575 16.46
9 2.0500 18.45
10 2.0440 20.44
The tally so far -
No. of Units Pledged: 34 71.44 :BTC Pledged
Min. No. of Units Required: 300 597 :Min. No. of BTC Required
No. of Standard Estimated Additional
Index Username Units Fees Msg # Country Premium Fees
1 daemondazz 4 8.50 7 Australia 0
2 Stack 4 8.50 8 Australia 0
3 QuiveringGibbage8 16.46 12 Australia 0
4 Goilio 4 8.50 13 Australia 0
5 levi 4 8.50 15 Australia 0
6 6135870 4 8.50 20 Canada 0.82
7 gnoll110 6 12.48 6 Australia 0
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Date: Tuesday 7th May 2013
IntroductionThe Block Erupter USB series is the second major product of Bitfountain. Each one mines at more than 300MH/s, powered only by the USB port. See
https://bitcointalksearch.org/topic/announcement-block-erupter-usb-195004 for more details.
I have PMed friedcat from ASICMINER and he has answered my questions to a satisfactory level for me to commit to organising this group buy.
SpecificationsHashrate: >300MH/s
Power Consumption: USB Power 500mA
Group BuyThis is a group buy. The group will need to pledge to buy 300 units before we can place an order with friedcat (rep. from ASICMINER). No coins are required until we have the numbers to fill an order. A date will be decided as to when all pledgers have to deposit their coins by. This will only happen if we get enough people interested in this group buy.
Once enough coins have been collected and the time to pay has expired, an order will be placed from the Escrow wallet to ASICMINER. Your position in the group to get your units delivered is based on the time the Escrow wallet receives your coins. There is no refund process once you have deposited your coins, unless the group’s order with ASICMINER falls through (e.g. sold out, not enough funds raised etc.).
Only pledge to buy units if you have the coins to pay when the time comes.
Cost Updated 2013-05-15Cost Price: 1.99BTC each for 4 units and above or, 2.16BTC each for orders 3 units and below.
Fees (Postage & handling, etc.): 0.54BTC per order
Minimum 4 units (for the 1st order), to maximum 10 units per order.
The min. cost to join this group buy is
8.5BTC 2.70BTC.
You may order any number of units above the min. order.
Example cost of an order for 11 units: 11 * 1.99 + 2 * 0.54 = 22.97BTC
I do not expect any additional fees to be incurred unless delivering outside the Express Post network.
Only Bitcoins are accepted.
EscrowI have contacted Graet, who has graciously agreed to escrow this group buy. The agreed Escrow fee is 2% of collected fees. This is already included in the fees and is not an additional cost to you.
An Escrow list can be found here
https://bitcointalksearch.org/topic/escrow-list-108716 should you not know Graet.
DeliveryDelivery Date: In more than 3 weeks time. Exact date to be confirmed.
Units will be packed into a box and ship through Australia Post - Express Post
http://auspost.com.au/parcels-mail/express-post.htmlAnyone outside of the Express Post network (e.g. New Zealand and Asian countries) should PM me for a quote before pledging.
I will need 48 working hours to process all orders when I receive the package from ASICMINER. It should take Australia Post 1 working day to deliver the Express post package. A little longer if you are not on the Express Post network.
Sorry, no pick-ups.
How to PledgeReply to this thread with the following:
[Username];[Number of Units];[Total Bitcoins]
Please feel free to show your interest even if you cannot pledge at the time.
CommunicationsI will endeavor to check my PM and this thread daily.
My timezone is UTC/GMT +10 hours, Australian Eastern Standard Time
I have a full-time job between 6am and 6pm Monday to Friday.
I can also be found on IRC in freenode #bitcoin-aus.
WarrantyASICMINER is offering six months warranty which I will honour. This warranty starts from the time they ship till the time they receive the faulty units. However warranty replacements are only processed at a batch of 10 at one time. Return postage to me is at the owner's expense.
Plan BIn the event we do not reach the required pledges, I will attempt to purchase from another group buy. Hopefully with a large enough group we will have better buying power. Prices will be revised should this happen.
ConditionsI cannot be held responsible for situations that is out of my control. For example, if ASICMER decides to change the spec of their product, or if Customs and Border Protection suddenly decide to impound the shipment for whatever reason or if the price of Bitcoins fall or rise etc.
I reserve the right to alter the conditions of this group buy until the first payment is made into the Escrow wallet.
Thank you for your interest and participation,
QG
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