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Topic: [CLOSED] Ninja Group Buy #6 9TH 28nm Hosted - 250GH for 1.666btc [0/40] (Read 12038 times)

legendary
Activity: 938
Merit: 1007
full member
Activity: 219
Merit: 100
Ethics and Science need to shake hands
Buyback completed here: https://blockchain.info/tx/fd0cd829af14ccb7c0f778c3fff42894f8db481a6cb6cd2b7a6677337a548e8f

Happy to ship you (or your ebay buyer) hardware, just refund the buyback and pay the shipping. We haven't seen hardly any demand trying to sell them off, best offer I have gotten so far is $500 per unit. Maybe you'll have better luck.



Okay thanks for the clarification can you please answer the other question in my PM? We didn't have much feedback posted here so just checking in.
hero member
Activity: 630
Merit: 500
Buyback completed here: https://blockchain.info/tx/fd0cd829af14ccb7c0f778c3fff42894f8db481a6cb6cd2b7a6677337a548e8f

Happy to ship you (or your ebay buyer) hardware, just refund the buyback and pay the shipping. We haven't seen hardly any demand trying to sell them off, best offer I have gotten so far is $500 per unit. Maybe you'll have better luck.

full member
Activity: 219
Merit: 100
Ethics and Science need to shake hands
Are we going to see option one? I have not seen a shipping label option. As I see it the hardware is worth about $1k per box street value. At .8 per unit that is less than half. I would rather get the units, sell them and buy 2 coins per unit. I may be overlooking something or maybe I am not understanding you correctly.

If you have shipped any already just let me know what the shipping costs and I can send you the BTC obviously trust is not an issue.
sr. member
Activity: 462
Merit: 250
Lux e tenebris

1. Owners with Multiples of 4 shares -  Send a shipping label and take the hardware. Details on dimensions/weights to be posted later today. The $99 NOC fee is waived for those that prepaid hosting.
2. Buyback at market rate of the hardware less $99 NOC fees (will be waived for those that pre-paid hosting).  Currently around .2/BTC per share, but will be calculated Wednesday when the buyback completes.


Option 2 please.

received with many thanks
sr. member
Activity: 462
Merit: 250
Lux e tenebris

1. Owners with Multiples of 4 shares -  Send a shipping label and take the hardware. Details on dimensions/weights to be posted later today. The $99 NOC fee is waived for those that prepaid hosting.
2. Buyback at market rate of the hardware less $99 NOC fees (will be waived for those that pre-paid hosting).  Currently around .2/BTC per share, but will be calculated Wednesday when the buyback completes.


Option 2 please.
hero member
Activity: 630
Merit: 500
PM sent time to wrap this bad boy up.

Agreed.  I'll post shipping label instructions later today.  These unit will ship out on Wednesday (we're headed to inside bitcoins for the first part of next week).

Options are going to be as follows:

1. Owners with Multiples of 4 shares -  Send a shipping label and take the hardware. Details on dimensions/weights to be posted later today. The $99 NOC fee is waived for those that prepaid hosting.
2. Buyback at market rate of the hardware less $99 NOC fees (will be waived for those that pre-paid hosting).  Currently around .2/BTC per share, but will be calculated Wednesday when the buyback completes.

A final payout will go out Wednesday and the machines will be pulled offline at that time. 
full member
Activity: 219
Merit: 100
Ethics and Science need to shake hands
PM sent time to wrap this bad boy up.
sf2
sr. member
Activity: 273
Merit: 250
hero member
Activity: 630
Merit: 500
Dividend payment sent; 6 weeks remaining.

Datacenter mining is great when you have the newest, most efficient miner.  Once the equipment ages the margins get too tight and we end up upside down on the hosting.

We're working on a new low cost solution, which won't be nearly as reliable as being in a datacenter - but will have significantly lower costs overall. The first prototype NinjaPOD should be coming online right about when this group finishes up. We found a home for the first batch of NinjaPODs in a part of Phoenix that has lower priced electric utility; downside is that it's an hour away.  Pricing is TBD until we finish up the engineering and figure out how low of a PUE we can obtain. 


Stay tuned...
full member
Activity: 219
Merit: 100
Ethics and Science need to shake hands
newbie
Activity: 36
Merit: 0
MWNinja, what is the reasoning to knowingly mine in the red?

They Ninjas read other threads.  Theys sneaky.

I thinks they do it hoping people default, and free machine for them.  They can add it to theirs new cloud project at no cost.  They avoid manys questions on their failed S3 group buy cloud. 

Tricky words and do not back up claims, they ignore valid questions.  Stills waiting on proof Bitmain backed your S3 claim of no downtime as I read it.  Which i think was worded trickys.  Also in their group buy they sneaks like ninja after 6 months you own nothing in a buys.   

With current path are wes really surprised they are making it so peoples can lose share so they come out on top?
hero member
Activity: 630
Merit: 500
Taking a USD loss but obtaining btc as a side benefit, we do it for love?

If you think the price of BTC is going to go up in the next few weeks its greatly to your benefit to pay your hosting. In 7 weeks this hardware should still be worth $800 a machine I would think. Plus the way the payouts work those that prepay get a pretty sweet deal (btc credit at market rate).
sf2
sr. member
Activity: 273
Merit: 250
hero member
Activity: 630
Merit: 500
Sorry I missed your email, and please ignore the troll as I have. 

We're getting perilously close, particularly with the next difficulty adjustment to not being able to fully cover the electricity costs.  A few owners have pre-paid to the end of term (7 weeks to go); to avoid any possibility of forfeit due to non payment of hosting fees, I'm recommending everyone pay until the end of the contracted term.  Once the term is up we will neatly and cleanly wind-up the group buy, sending hardware out to those that want it, buying back from those that don't, and providing hosting to those that want to keep running.

The current remaining hosting cost is $121.24 per share to cover hosting to the end of the term. We can accept payment in a number of ways, send me a PM to get started.


newbie
Activity: 36
Merit: 0
We still have 2 more months of hosting obligation, after that we can consider liquidating.  I'd recommend those that didn't pre-pay the hosting to pay for the remaining 2 months @ $75/mo per share.  Please PM me and I can get you an invoice Paypal/ACH/Bitcoin accepted.

We'll make several options available when this group completes; it's in your best interest not to default.

A. Buy your shares for xxx btc (market value of hardware - NOC pull fees)
B. Continue hosting your shares at a very competitive price/mo (pre-paid, month-to-month)
C. Get physical delivery of the Machine ($99 fee plus shipping label)
D. Trade-in credit toward a hashing contract on more efficient hardware.
 


Can you expand a bit on this? I don't know if I already paid or not and don't want to default. I sent you an email regarding this as well.
It looks like we are still covering the cost of electricity but what happens after that? Are you saying we need to send USD for electric? If so for how long?


He want yous to do A or D most likelys.  These are no costs to yous.

Be carefuls on D he tried to do a S3 contract.  He mades claims and ignored me instead of backing ups.  Avoid his contract like Ebola tills he proves claims made in thread now hidden in another parts of forum. https://bitcointalksearch.org/topic/m.8130358
full member
Activity: 219
Merit: 100
Ethics and Science need to shake hands
We still have 2 more months of hosting obligation, after that we can consider liquidating.  I'd recommend those that didn't pre-pay the hosting to pay for the remaining 2 months @ $75/mo per share.  Please PM me and I can get you an invoice Paypal/ACH/Bitcoin accepted.

We'll make several options available when this group completes; it's in your best interest not to default.

A. Buy your shares for xxx btc (market value of hardware - NOC pull fees)
B. Continue hosting your shares at a very competitive price/mo (pre-paid, month-to-month)
C. Get physical delivery of the Machine ($99 fee plus shipping label)
D. Trade-in credit toward a hashing contract on more efficient hardware.
 


Can you expand a bit on this? I don't know if I already paid or not and don't want to default. I sent you an email regarding this as well.
It looks like we are still covering the cost of electricity but what happens after that? Are you saying we need to send USD for electric? If so for how long?
hero member
Activity: 630
Merit: 500
We still have 2 more months of hosting obligation, after that we can consider liquidating.  I'd recommend those that didn't pre-pay the hosting to pay for the remaining 2 months @ $75/mo per share.  Please PM me and I can get you an invoice Paypal/ACH/Bitcoin accepted.

We'll make several options available when this group completes; it's in your best interest not to default.

A. Buy your shares for xxx btc (market value of hardware - NOC pull fees)
B. Continue hosting your shares at a very competitive price/mo (pre-paid, month-to-month)
C. Get physical delivery of the Machine ($99 fee plus shipping label)
D. Trade-in credit toward a hashing contract on more efficient hardware.
 
sf2
sr. member
Activity: 273
Merit: 250
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