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Topic: [CANCELED] Doc's Not-Quite-Instant Hash R2 - Shares available 0.09BTC=10GH/s (Read 714 times)

full member
Activity: 151
Merit: 110
Where are you ordering them from?  Sushi or strait from bitmain?

Most likely direct from bitmain. But We'll go with whatever the majority of share-buyers want as usual.
sr. member
Activity: 434
Merit: 250
yeah, i was going to just buy one but i'm not waiting til march to get it. best luck with your GB.
full member
Activity: 151
Merit: 110
from the website;

"
Limited units sales.

Shipment will be started on Feb 28th.
 
BITMAIN always do the fastest shipment !!!

"

hardly almost-instant hashing, that's another difficulty level.

Hmm...it previously said shipments within 48 hours...
In my personal experience they ship sooner than expected (my last Antminer arrived the day it was supposed to be shipped) but there's certainly no guarantee of that.

Adjusting the initial post now. Lowered the per-share price a bit based on this!
hero member
Activity: 756
Merit: 500
Where are you ordering them from?  Sushi or strait from bitmain?
sr. member
Activity: 434
Merit: 250
from the website;

"
Limited units sales.

Shipment will be started on Feb 28th.
 
BITMAIN always do the fastest shipment !!!

"

hardly almost-instant hashing, that's another difficulty level.
full member
Activity: 151
Merit: 110
NOTICE: CANCELED
Decided to cancel this based on the fact that the shipping time went from 48 hours, to February 28th. No way to make any decent returns on this. Will relaunch a round 2 when hardware becomes reasonably available.

WHAT:
1 share is equivalent to approximately 10GH/s. Cost for each share is 0.09BTC
Minor drop in share price to adjust for the delayed shipping.

The plan is to buy as many Antminer S1's as we can. I'll personally buy enough shares to round up to the next machine. So once 1 share is purchased, that will be 18 total shares on 1 Antminer. If at least 19 shares are sold I'll round that up to 36 shares on 2 Antminers. Units go on sale in a few hours and I want to get this order in ASAP so the total number of shares will be locked soon!

Orders are set to ship by the end of the month, and last order took about 3 days to arrive here which means we should be up and hashing within a couple weeks! If for whatever reason hardware doesn't arrive within 3 weeks, I'll offer to buy-back any shares as requested.

HOW:
Payment address is 1JVg4rdeTp2wqfVhsbAzJJCPjiywDLQQUP
Following a purchase, post here with the transaction ID and the address you'd like to receive your payouts to.
Payouts will be made twice per month. There is a $100 MAX per Antminer, per payout hosting fee. Why do I say max? Because I'm renegotiating power costs every time I add hardware with my hosting partner and there's a good chance that will actually be lower, especially as I add new rounds. See R1 where the hosting fee dropped from $150/payout to $100/payout as an example of this. Above the actual hosting cost, there is no maintenance fee. Why? Because I buy shares too! And in order for my shares to be worth anything, I need to keep things running!

When hosting fees can no longer be covered by mining, the hardware will be sold. Profits from the sale will be split between shareholders.
Shortly after mining begins (within the next week) a site will be up to monitor performance / see estimated payouts.

Any other questions?
See the R1 topic here: https://bitcointalksearch.org/topic/closed-hashing-nowdocs-instant-hash-r1-018-shares-available-01btc-10ghs-438740
Post below, or PM me. I'm on multiple times throughout the day.
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