Topic: Black Arrow R9-12 threads, DZ Miners Co-op. Plz move ?s and discussion here. - page 14. (Read 25014 times)

Let everyone decide for themselves. The vote continues untill the 14th anyway.
It is said that knowledge is one of the most valuable assets. If we wait for bobsag3's experience with the fixes he has in mind, we might be able to make a better decision in the end.

Im starting to get frustrated, this is a no brainer people, SELL!!!!!!!

I must say, philipma, that your logic here is a mystery to me.
If I understand correctly, the buyer who made the offer is from outside of DZMC? Therefore, why do you imply, that thetopham mistrusts DZMC?

Re voting, I am waiting for a final say from Bob. He mentioned bringing a few tricks to try, so let him try.

The hardware has been underperforming so far and it appears to be a hosting nightmare from maintenance POV, so I might vote yes to sell for purely humanitarian reasons, but I need a final assessment from Bob to decide.

  that was not so clever as you may think.

here is why I say that.  all of us depend on dzcoop to be nice guys non thief's yada yada yada.

worse case is they are brilliant thieves.  well if they are great crooks. you play into their hands.  why may you ask.  here is why.  most of dzcoops money is in r17 and it is a lot of the money.  more then 70%.  Right now I know where the miner facility is located but they have said they are getting a new one.  they are putting all of r17 into the new one.

Sooo if they close the old one down and go poof lets say on feb 15 they will score huge money .   and instead of r9 r10 r11 r12 being a solid winner guys likes you hurt the rest of us. 

  frankly if you don't trust them to look out after us you should have voted to take you cash out in r9 to r 12.

 I for one believe in them and would not hesitate to spend more on r17 as I think they are honest but the share holders that are doubting dzcoop should have all voted to take the money. voting to keep mining because you doubt dzcoop is not very logical.   they have more then 250000 usd in coin locked up in r17
 they could bolt and where would you be?

I for one am ahead and I have faith in them.  I voted for dissolving this for many reasons  not the long slow deep con reason above.  But when some one states they think something is crooked and lacks trust well then I had to point out what the f is your reasoning  they have 4 or 5 fold the money in r17 dude and they could go poof on any day.  So why let them hold your money here?

WB Bob! Hope your trip was also some fun!

I think the offer is really good, but I have to wonder why. What does the buyer know that we don't? and for that reason, I voted no.

I am back from china (well, sitting at the airport in chicago)

I have a beavy of fixes to try, and some other tricks up my sleave to get our hashrate back up. I hope to get it out tonight... but I still have 1 more flight and 2 hours drive before I am back at the facility.

Cool. If the coop votes to sell I'll probably throw everything into R17 then. We'll see.

I believe R9-R12 are Bitfury chips which require a computer (RPi) to operate while the X-Prospero are self contained and just connect to a router.

Will this issue affect future runs too (e.g. R17)?

I'm still finding it hard to gauge whether it's better to throw everything into R17.

We are trying but the rpi's aren't cooperating they require resets very frequently to keep them up and with bobsag3 being in china the past weekend it didn't help either.

If the rpi's and the stratum proxy cooperated we'd be golden.

Well I honestly have to say I don't know if the coop simply wants us to sell or what's going on but this new offer is definitely more tempting.  It seems like the hashrate keeps dropping every day, I don't know what's going on, are we still trying to keep the hashrate up or have we basically given up since there's a buyout offer?

fwiw, I put in my vote of 4 shares to sell.  I went through my PM and I guess I had paid for this with fiat, so win/win.

well then hold as btc.


look  we are at a race track with many tracks  races  and horses to pick

one race has horse named " hold the btc "

another race has a horse named " l Love Dz coop "

we bet I love dz coop  and it came in  basically we got 3 to 1 on our bet.

if you bet hold the btc you would have got about 6 to 1.  

  every one that feels bad    is feeling bad about picking a lessor winner in a different race and everyone that resists taking profit is  making the ones that want to cash out on the winner wait and risk winnings.

The machines will not earn .35 btc a share in the next 90 days.

 this pay out is .35 btc now not over 90 days now.  I can not stress how important now is when it comes to btc.

All those that fail to see this need to realize the payout of 287 usd is .325 btc as I type and then figure what 8 gh earns from dec 15th on

it does not earn the .325 btc    for a long time  if ever.

It's definitely worth discussing this, but in my position this has two issues.

1. Swapping short-term risk (not being able to get hashrate up) for long-term risk (new hardware is delivered and hashes as advertised)

2. Putting all my eggs in one basket. I already have shares in R17. I'd like to keep my shares diversified if possible.

The decision is going to be made either way

51% of votes say yes = sell
or
201 shares vote yes = sell

or

51% of votes say no = no sell
or
201 shares vote no = no sell

Can we have some clarification on the "rules" here? Is this going to be decided one way or another with a majority even if some people do not vote?
We are only a week away and many are waiting on Bob's results.
Thanks

one last try to explain this.  

1 share of r 9 = 8gh     hand me 287 cash for it today .. I buy 1 share of r17 cost me 130 cash.


 I have 157 in my pocket.   and 40th Down the road.

I paid only  123  for one share of r9    

  
  i have  collected .23 in btc  and

 I have 40 gh to replace the 8gb I have now.    if  diff stays at 25%   we  

jump to 883 on the 11th

jump to 1104 on the 22th

jump to 1380 on the 2nd Jan

jump to 1726 on the 13th Jan

jump to 2157 on the 24th Jan

jump to 2696 on the  4th feb

jump to 3371 on the  11th feb

jump to 4214 on the 22nd feb.       this is not quite 5x of tomorrow's diff.     so  once we go on line with the new gear we will be equal or better then we are now.  and that is with putting back half the money you would be paid.  130 of the 287

if you put back 260 of the 287 you get 80GH in future hash. 

  BFL the greatest of all a sic builders wants 10.80 a gh  so 287 gets you  26 gh hash power for 1 year with no ownership of the gear.

 So if you really want to hash  buy some in r17 and pull some money out for the holidays.

Guys,

Philipma1957's math and logic is good here. If you want a BTC increase you would better off using some trading strategies on one of the exchanges. Buy low, Sell high, Its a proven method that will increase your BTC.  In my opinion mining is more speculative.

If you are truly set on mining and increasing your BTC, and as stated by some, USD(or your currency of choice) means nothing to you. Buy a miner with your currency(remeber your traditional currency means nothing to you). Put your miner in a room and collect BTC. Instantly you have increased your BTC holdings.

We will see how it shakes out.

Also consider if you take payout from this GB, you can then buy shares in r-17 and keep the BTC coming in.

Best Regards,

Worker 1 hash rate is down to 746.752 Gh/s

Did Bob left someone behind to watch the rigs?