Forgive my confusion here, but I thought the deal was supposed to be that earlier investors would be getting paid before later investors. Meaning that your shares get activated when later orders go online, but not when earlier orders go online, until your hardware is online too.
Seems a little messed up that group 7s hardware shows up earlier, and all the earlier groups are still waiting. Wasn't that the system that was put in place, in order to encourage earlier investing?
Not complaining, or trying to be a pain in the ass, just trying to figure out what the deal is.
Apologies for causing any confusion wrenchmonkey. There was some discussion on the thread about this before we opened up the bitfury burner component. In the end, we decided when we opened up the collection for component 7 (
https://bitcointalksearch.org/topic/m.3176617) that we should not change the terms and conditions in the OP.
All other terms and conditions set out in the OP will remain the same. In particular, please note that we will still distribute any mined BTC in the way stated in the OP: "BTC mined will be distributed to group members in proportion to the number of shares that they own and the number of coins mined by the miner (the miner is defined as all hardware components in this group buy that are actively mining) since the last payment.""Payments will only be made to group members who have shares in components that have been delivered. Payments will not be made to group members who have shares in components that have been ordered, but not delivered." This means that if the bitfury burner arrives before the starter kit then group members who have contributed to this component will begin hashing first, but other group members will benefit from better GH/s/share when the components that they have contributed towards come online. I think that everybody should benefit from this.
Basically we think that this benefits everybody. Early adopters do not loose anything. The components that they have shares in still arrive when they would have anyway and they begin mining at this point, as planned. However, because the GH/s/BTC worked out better for the bitfury burner, adding this to the group's miner improves the overall GH/s/share for those early adopters, so they get more hash power than expected. The whole group also benefits from having two independent bits of hardware in the miner, as if one goes down for any reason then the other should keep running. The group members contributing towards component 7 did so anticipating that they might start mining earlier, although because Cryptx had no track record they also took a risk with this (we could have still been waiting for the bitfury burner), but they also joined the group on the understanding that all components become part of a pool that all group members benefit from when their components are hashing (as described in the OP).
I particularly didn't want to change the terms and conditions set out in the OP, as this is something that everybody signed up to. Also, if we had changed things to institute a "queue" of shares, rather than doing this by component, it would have made things complicated and confusing; and would have made the bitfury burner look rather unappealing to new group members. In this case we may not have secured it for the group and everybody would have been worse off in terms of GH/s/share.
I hope that this makes things clearer. Let me know if not.