Topic: [CLOSED] R11:BLACK ARROW Bullet Run w Bitfury. 40% off. $123=8-10GH Nov. 1 (Read 19535 times)

Hey Phil,

bobsag3 tells me that we just reached min. hashrate for R9-12 this week.

Also, copy/pasta from other threads:

To simplify things and reduce clutter we're locking R9-12 and moving discussions to this new mega thread:

https://bitcointalksearch.org/topic/black-arrow-r9-12-threads-dz-miners-co-op-plz-move-s-and-discussion-here-328996

Thanks! See you there!

 an update


so we are up to about 2th  and should be at 3.4th correct?

this chart shows 3 miners

http://www.dzminercoop.com/?page_id=302


miner 1 = 1688  gh  that is full speed

miner 2 =  0             what would be full speed? 1680?


miner 3 = 400 gh    what would be full speed?

I feel dumb I've had this posted for about half an hour or so and forgot to put in a link its messy but look in the url field for what miner it is

http://www.dzminercoop.com/?page_id=470

Great news! 1.2TH/s+ and climbing. 12-14 more boards can be set up before Monday.

We can now watch the hashrate remotely here via the link below. Thank you Thomas!

http://www.dzminercoop.com/?page_id=302

==

Also, all rounds have now been combined for easier accounting and as a bonus to Round 11 and 12 customers. 

This doesn't effect Round 9 and 10 Group Buyer payouts in any way, but it does allow Round 11 and 12 paid customers earlier hashrate access!



bobsag3: needs his own forum meme as Good Guy Bobsag3.

Gents and ladies, a Saturday, 11/2 update:

- Bob's been having problems chaining the miners beyond a certain point which has limited his ability to stack miners as he only has so many Pis to go around. He seems to have gotten past much of the earlier issues but can't stack more than 6 at the moment (the goal was 10 boards per Pi)
- He's blown a few Pis and a couple of PSUs during his testing.
- He's currently up to almost 1 TH (our target is 3.2 - 4 TH, combined from all 4 Rounds
- He's currently short Pis due to them failing,and his overnight shipment of a bunch of extras from Amazon is stuck at UPS till Monday
- We've learned a lot too: Bullet Runs can be messy, best to have waaay more supplies than you think you needed

- Because I promised optimistically that the boards would be running by now, we're going to make up the hashrate difference based on the following schedule:

Rounds 9/10 should be up to 1TH today, the target is 1.68 - 2TH/s: This pool has just started mining, but there's no dashboards set up yet. When mining deposits appear they're heading to this Black Arrow Bullet Run wallet address: https://blockchain.info/address/1JazVMG7E47ceaTnwbGzeGsrAQeURniwZV

For calculation purposes - Since yesterday, Nov.1, for daily coins expected to be mined I'll be using www.bitcoinx.com as a calculator for lost hashrate compensation calculations unless someone else has a better suggestion.

Rounds 11/12 should be running by the end of the day in Missouri by Monday evening: If hashrate is less than the promised 1.68 TH/s for R11/12 by Tuesday morning, then the same calculations listed above for lost hashrate calculations still apply.


===============================================================================================================


We'd rather take a small hit and keep our co-op members happy, then to have upset co-op members due to the delays. With this in mind, Bobsag3 is adding 3 extra boards per GB (instead of 1 extra) in order to improve hashrate and make up for lost mining power for each Group Buy Round.

If this extra hashrate still doesn't compensate for lost time/hashrate at the end of the mining period, then bobsag3 and the DZ MC will be compensating you directly.

I think you have a fairly proven model here and would encourage to stick with it.

I like the way it has been working the past couple weeks for rounds 5 & 6, so I agree it is the way to go.

When everything is ready there will be a page similar to the R5 / R6, I also like the payout method used in R5/6 on the 1st and 15th of the month, the payout sizes are a nice sized chunk not small bitcents each, remember the less times we have to do payouts the less we have to pay in fee's.

Anyone elses thoughts.

R5
http://www.dzminercoop.com/?page_id=124

R6
http://www.dzminercoop.com/?page_id=135

Where is the best place to track performance of these shares and how do you plan to handle payouts exactly? Will there be a URL to pool stats or anything like that?

Good luck working out the kinks!

You're welcome! Most of the hard work's at the moment is being done by bobsag3, so let's all give him a virtual pat on the back.  

Latest pics:

Unboxing
http://i286.photobucket.com/albums/ll87/SurfSkateKauai/c6c0691a-6c27-4ead-8647-2da4b9a91778.jpg
http://i286.photobucket.com/albums/ll87/SurfSkateKauai/f41e6ac6-274e-42af-b4ca-e2fdcf56d3b6.jpg

chainminer screenshot, 96 chips: http://i286.photobucket.com/albums/ll87/SurfSkateKauai/96chips1.png

6 board stack, working: https://www.dropbox.com/s/r77umsa7eoo7x58/Photo%20Nov%2001%2C%202%2003%2000%20PM.jpg
chainminer screenshot from this stack (slight under performance which should be improved by native chainminer support): http://i286.photobucket.com/albums/ll87/SurfSkateKauai/ScreenShot2013-11-01at15835PM.png

I realized that I'm a little bummed that they're underperforming, but sometimes things don't always work out with initial implementations. But on the bright side this was guaranteed to be shipping by Nov. 1 and we're fortunate to have already received it! kano has been shipped a simultaneous shipment so he'll hopefully be able to tweak some improvements while he adds native BA support to chainminer.

Group Buyers are going to be compensated for any under performance of the 8.34 GH/s mark per share that was promised.

Thanks for the update DZ!

We know you are working hard Bobsag3, Keep up the hard work buddy!

M

Hi Etienne,

Sorry to hear that. We're all about trying to save you guys money. BTC is still so young there's tons of volatility between exchanges.
We use Bitstamp as the rate we go with because it seems like all of our mfgs. we've bought from so far priced their product at this rate.


==

I have an update: some good news, bad news.

Bad: He's still working out the chaining of the miners. This is important because he only has so many Pis. We're also seeing a little under performance as far as hashrate but kano is working on the cgminer chainminer integration so we should see improvements on that. Such is life on the bleeding edge of a bullet run.

Good: Since bobsag3 is basically Good Guy Bob he's going to make sure that to add a board to our 20 board stack to get our min. hashrate to 8.34GH/s as promised while software issues are worked on. He also managed to stack 6 boards, so far, even with the issues he's seeing.

Bobsag's busy as heck but I'll post some pics he shared with me as soon as I upload them to my cloud photos.

Paid for my 4 shares! (#394)

There was a 20$ usd difference from current coinbase price and price from the site. Is that normal?
Thanks

Darn I thought R11 would start hashing the same day as R10, guess the R10 beat R11 slightly.

No worries, somehow somewhere I have 10 shares worth of hashing   Just was curious what is where.

Hey madpoet,

Sorry, about the confusion. bobsag3 cleared some of it. I have to apologize about the ordering process. Here's why it's all janky:

- Our site currently uses free tools that aren't very old or well developed at the moment as far as the intricacies of e-commerce, IMO.
- Double or phantom orders can still occur with this current site (essentially our beta site) due to nonpayment of orders entered. That means a Round could show as out of stock, even when it's really not.
- Because of this, and since this is all the same Bullet Run with ample stock at the moment, we set up stock with backorders allowed, so that people wouldn't be locked out of making an order due to double or phantom orders.

We're in talks with two good programmers to redesign and relaunch our site. We're even going pro and will be launching a for-profit (but still cheapest) cloudhashing arm of our operations. Please PM us if you're interested.

==

BTW, R11 is CLOSED.

R12 is already halfway sold out, but backorders are allowed. Please move new conversations/orders/questions to the R12 thread. Mahalo!

They will all end up pretty much the same, Just that R9's and R10's boards are out for delivery, the rest of the boards are coming either late tonight or tomorrow. 

Well, I also snagged a few more but guessing they will be rolled to R12.  Confusing   Is there a sheet anywhere we can see what we have where?  I think I now have them in R10, R11, and R12!

I'm Back!

40 Shares through website

Thomas, I will PM you with a payment address later today.

Thanks for the patience guys.

M

TXID c6025e48cbaea656704d9f571244cf27597358d08cf9a5d54fd9f31c7a68a25a

Payout address  1CRFooiDryeH4BpcPtPoRn7MmhLYTmkuP3

edit: added payout and txid

Order 380 1 share.

I'm in!

Order:

#331

1 share paid (oct 24th)

https://blockchain.info/tx/e3cdee686efa80d88c9fdccfaf0a9e7d4994557ddcc844abbaca8f401e8dd137

It still says missing payout address...

So if possible I´d like to change the address.

Should I pm or email it?

As of about 2 hours ago we were down to 40 shares available.
Someone anonymously bought 50 shares! Thank you and welcome aboard! [Or should I say: welcome back!    ]

40 shares available.

==

If our site says that we're out of stock, you should still be able to place a backorder which will count as a normal order once we sort things out.

Once we exceed 100 R11 shares, any PAID shares after 100 R11 shares will be automatically shifted to an R12.

Got it and replied.

thomas_s I sent you a PM, not sure if you're the person to send the payout address to or if there's some place on the website to put it in?  I couldn't find anywhere else to send it.  Not sure if there's a more secure method.

1 share = $123 = 8.34 - 10 GH/s

Estimated hash for each Round is 824ghs stock. No fee for hosting the first month (0.5% management fee still applies)

OK, since Quick Pay isn't an option I ended up having to scramble to obtain enough BTC to pay.  Just paid for order #374.  Please cancel my previous order, order #357, I ended up wanting more shares.

Do you have any expected profitability estimates for any of these runs?

Damn, just heard back and apparently he can't take quick pay anymore =(  Gonna have to come up with an alternate way to pay.

Still waiting to hear back from bobsag3 regarding how to quick pay him since I don't have nearly enough btc

Anchorage, AK, United States    10/30/2013    1:30 P.M.   Arrival Scan

Just ordered and paid one more share, order # 372. Status "processing".

Edit: status completed. Thanks!

Shenzhen, China    10/30/2013    7:52 P.M.   Departure Scan

I purchased 1 more share  


 order #369  1 share


tx id

https://blockchain.info/wallet/f08f227d-a7fa-441f-a87b-ce3e2542e706



payout address:

1Fo2K52Rz7LZw9fcF5BDdDBjfNaViQ8J3x


I have  now a total of 10 shares in r9/r10/r11

#369 = 1 share------------- processing
#349 = 1 share------------- processing


#306 = 2 shares>>>>>>> complete
#282 = 2 shares>>>>>>> complete
#248 = 4 shares>>>>>>> complete


  total of 10 shares =  83 to 100gh of hash starting on the first.

I have 19 shares in R5-R6  =    about 108.3 gh of hash   working as I type.

So in a day or 2 I should have close to 200gh hashing with the coop. 

Yea that's fine.

You have it right- 8.34 is the minimum it will produce (Or I will add extra boards to make up) with hopefully some OC

I think it is just a typo but I wanted to bring it to your attention on the DZ site there are two conflicting claims.

"Ergo: 1 share = $123 = 8.34 – 10 GH/s + 20 min. UPS backup + 1 month free hosting thanks to bobsag3 with the world’s cheapest professional insured ASIC hosting
+ TO BE SHIPPED NOVEMBER 1, 2013 OR YOUR $/BTC BACK!"

Then down a few paragraphs:

"40% (or more) Below-cost Share price is: $123 for 10-15GH/s, shipping November 1 or your $/BTC back!"

I am already in and excited, but I wanted to bring this up. The way I am assuming is that 8.34 GH/s is almost guaranteed and 10 GH/s is hopefully what we will get. I would love 15 GH/s though

Im in for 9 shares,

order #364 paid for
TxID adee394605e168f7dc34e3966b49cdd1431e0fa6e28e615c7a8fe9ff7cccde95

Can I change the payout address from my own, with which I paid for this order, to another one, shared with my venture bud and soul brah?

Thanks,

I'm just waiting to work out payment details via quick pay now...I capped out r10 and bumped it back into r11 hehehe

First boards are already in the US! The last tracking location was Louisville, Kentucky.

It needs to pass Customs essentially. From the UPS site:

"Registered with Clearing Agency. Shipment release pending Clearing Agency review. / Shipment submitted to Clearing Agency, awaiting final release. "

BTW, R10 is closed, so we can move any additional conversations or purchases to this thread. Cheers.

We have a UPS tracking number.  

Our BA boards are on their way, and are scheduled for delivery at the end of the day on 10/31, to be fully hashing on 11/1.

Thank you to everyone that participated in this exclusive Group Buy Bullet Run Sale with Black Arrow boards.

AFAIK: As Black Arrow's Official US Reseller, bobsag3 will be *the* first US Custom Hardware vendor who will have actual miners on the shelf, ready to be shipped as soon as someone pays for them.

Congratulations Bob! That's a heckuva accomplishment from one of our own.  

Ok, thanks!

After it gets entered in the spreadsheet you'll get emails, either its completed or missing something. If its processing that means its good and the site detected the payment on the blockchain

I didn't make a partial payment within the 1 hour deadline. But I managed to pay the full amount within 90 minutes or so. Anyway, my order status says 'Processing', so it's all good I assume?
Do we get some form of confirmation of completed payment?

That works for me. Thanks.

In the spreadsheet for ease of tracking each order is done separate, before payouts for ease of sending payouts I'll more than likely combine shares that payouts are issued to the same address.

So if you get more funds just place another order, the payment address will  be different and the site will only say you purchased the 4 shares for the tone order.

Just jumped in for 4 shares. If I get more money together and did a seperate transaction is they any way to combine them?

Order #360 paid for, transaction ID: 870ea4a56569eb0e7d59bdb991a6d492080bf9c8504f69793922869e996478cc

Its no problem, yes paying a partial payment will lock that address into your order so it would extend the time you have to pay it, if you send nothing the address can be reused by the site and will be automatically.

Its the ultimate form of reserving you gotta put some sort of down payment =) and its out of my control

I am happy to report I have received the tracking number for the boards, and should have them within 48 hours!

Made an order (#358) for 20 shares. Didn't realise payment was possible from multiple adresses until I made the order so I sent funds to one adress from which I would send the payment to the required payment adress. But now I have to wait an estimated two hours before the transactions are confirmed before I can make the payment.
So if you see a cancelled order and a new one for 20 shares, those are mine :p.


Edit: never mind, I think I'm just in time .

Order #358 paid for, transaction ID: f5c6f5c8bcd303f21204cd6583399c779dad806a68c5aa21e58948238f577ed3
Payout adress: 1JkgJgJmPE2VaLneEkhKTDpDswJ7YXUMrT

Re-opening R11 so that when R10 runs out we can just shift over seamlessly to this Round.

100 shares available. *

* Rough estimate: may be more or less.

If you're order 348, that was your order that *may* get moved to R10, depending on what was sold or not sold.

Edit: NM that was JBFru45 in R10. I guess you're talking about a different 5 share purchase.  

Please keep the orders coming. If R10 runs out, feel free to buy more R11 shares as they're all part of the same hardware batch.

Copied from other DZ MC BA threads:

Latest pictures from prototype testing:

http://i286.photobucket.com/albums/ll87/SurfSkateKauai/IMG_9931_resize.jpg
http://i286.photobucket.com/albums/ll87/SurfSkateKauai/IMG_9930_resize.jpg

Shipping is estimated for TONIGHT. We should have a tracking # this evening.

In for 5 Shares - hope to hear from you so I can get 5 more

Thanks madpoet!

We had 50 shares open up in R10 so all R11 shares that have been paid up till now have been moved to R10.

Therefore: R11 is closed until 24 R10 shares can be sold.

Thanks Bob!  I'm at 5 shares now, hoping it gets close to the 10Ghz per share rate  

I can answer that- r11 or witch ever GB is still open, will receive the amount of hashrate they have shares for IE if only 50% has been sold they will get 50% of the hashrate (same ghash per share).

Hey DZ what happens when R11 shows this week and there's only a portion sold?  Just curious.  Buying a few more shares now to try and take care of some of that problem

Order #343 :


2 shares bought and paid.
 

Would that be with or without a side of Sasquatch?  



Nice! Thank you and welcome aboard!

You can't be too insane if you picked this co-op for a GB. That or you're just another Bitcoin Kool Aid drinker like us and we're all mad!  

==

88 shares available.

Ok, snagged 1 share for myself.  No idea if it will ever pay off but what the heck I like the idea

Central nowhere Canada.

Hi Nick,

Thank you and welcome aboard!

Please keep in mind that we run our co-op a bit differently in that we vote on important matters and we vote before the 5 month mark to see if the majority of the Round's owners want to sell the miner as used online, or in-person, since much of the annual mining output (90%+) should likely be produced by then.*

We then split the resale proceeds based on one's proportion of ownership of that Round's miner, in order to help recoup investment costs.

==

89 shares available.



[*Disclaimer: Not your lawyer, financial attorney, or dear ole mum]

In for 5 shares, order #338 and paid. THanks!

Doing my best to get some bitcoin myself.  Missed the banks for cashtocoins today.  Mad at myself for missing the PP option.

Where are you? We have from what I can tell the most payment options in any GB.

I'd probably jump on this one if getting bitcoin out here on short notice weren't nearly impossible.

is R10 actually closed or just waiting for people to pay?

Is there a deadline for R10/R11?

Bleh was going to jump on the PP method but I see it sold out.  Working to get some funds transferred over to pay with BTC I guess.  Wanted to grab 2 shares.

Thanks aigeezer! Welcome aboard!

This co-op only runs smoothly because we share the work load and let the best person handle the job for whatever task is at hand. There is no way that this co-op would be where it is today without thomas_s, bobsag3, -Redacted-, jungle_dave, firsttimeuser, philipma1957, mootinator, and unknown.usr, so essentially: you like our style.  

I'll update numbers further for R8/R11 when I get back home tonight.

==

94 shares available.

I'm so happy you ordered the way you did, no need for me to do math of how much goes into R8 / R11's wallets.
R11 has one order.
R8 has another.

I like your style so I just ordered 2 shares to test the waters, order #332.

96 shares available.

The first payouts would occur 2 weeks after the boards are running.

The boards are guaranteed to be shipping by Nov. 1 or our money/BTC will be refunded. It doesn't necessarily mean that they'll arrive by this date.

However....things are looking promising.

Here's the latest pictures taken today. Fully populated Black Arrow Bitfury Prosperos,

http://ecointalk.net/gallery/image/61-img-9928/

R9 is already sold out, you get placed on a spreadsheet when the order is paid, any on-hold order payment address was most likely reused and the site will not recognize your payment for your old order.

The only way to make the site keep your payment address and order tracked seems to be sending a partial payment to hold that order open if the site detects no payment / an unused address it will issue the address to a new order.

Last I've heard we should have our first payout for R9-11 on Nov. 15th as we do payouts twice a month on the 1st and 15th, maybe a payout on the first if we mined enough BTC.

Hey guys,

When will R9-R11 will start hashing? ( i know shipping is suppose to be before november)
I have many on-hold orders, if I make the payment to any of them (including R9) will they be valid?

Thanks

97 shares available.

Hi Phil,

Thanks! I do believe that you're a "repeat offender" so: Welcome Back! 

I know that there's more sales then this but for now, until we confirm any other orders:

98 shares available.

Order# 318 has 2 shares on it from me. Same payout address across the board.

Thanks again.

Phil

My thoughts exactly

I will keep an eye on this buy. I may get 2 shares of it.  coinbase got over 200 usd this morning

Round 11 Payment Details (Similar to R7-R10, for the most part)

========================================================================

BTC Payments will be directed to thomas_s via our site for R11 but I will have co-admin to this wallet for auditing or for payments if we're in a rush. We've worked together on 8 different Group Buys with great success including 2 of the fastest GB sellouts in the forum's history for Industrial class Rigs.

http://www.dzminercoop.com/?product=r11-40-off-black-arrow-bullet-run-with-bitfury

For US Customers: for a 3%  fee for USD conversion to BTC, we recommend: www.cashintocoins.com a FinCen compliant MSB who can get BTC sent to the wallet address you want in as little as 15 minutes to an hour.

For Intl. Customers: We are still exploring suggestions for inexpensive BTC conversion but I can recommend www.bitstamp.net at this time as that's the exchange rate used by our payment processor.

PayPal payments (UPDATE): If payment is being made by Paypal place an order on the site and place a note on the order when you place it saying you're paying by paypal...then give whoever you are buying BTC from the order # and the payment address. Please make sure to send it as a gift to "friends and family." This helps keep your share prices as low as possible (no PP fees) and well as protects us against illegal chargebacks after BTC deposits have already been paid out in November. Sorry, this is no longer available. This payment method is "sold out."

If there's any concerns about registering your payment, please follow up with a PM to Thomas or a support ticket. There's two methods to resolve this:

A. Send a support ticket on our website www.dzminercoop.com

OR

B: PM to thomas_s on this site

Subject: DZ HF GB R11, x shares, x BTC
Details: Please include Tx ID, your wallet address for payout, and any concerns you may have about your transaction(s)

==

thomas_s -  Primary GBC for Rounds 5-10. Co-GBC during R3-R7. R2 member. Send BTC payments and questions for R11 to thomas_s . Set up Online Auto Reservations for the co-op!

DZ - Need escrowed Group Buy shares? For a 2% extra fee you get 3rd party fund holding, dispute resolution, and $500 insurance per transaction at BTCrow. [DISCLAIMER: I, DyslexicZombei, am an approved Escrow Affiliate at BTCrow.] Please PM Carbon Copy thomas_s please prior to escrow payment.



NEW! 10/18 UPDATE from Thomas:

"Bobsag3 will be accepting wire transfers (for 20+ shares) and chase quick pay (any quantity of shares). and credit cards by Square https://squareup.com/market/miner-hosting-llc/share-r-bitfury-gh-s-min-ups-backup

10/21 Update: Square decided apple bobbing is better than providing service to their customers because Bitcoin = Scary = Eating Square's lunch. They'd rather be run over by the BTC train instead of hopping on to take advantage of a much cheaper remittance infrastructure.

CC payments are currently suspended; we're working on something more long term. Fortunately, Thomas S. works in finance.

Thomas_s will be accepting TD bank and CitiBank (USA) checks (any quantity of shares). At this time no other banks checks are being accepted.

*These payment options are only available for Rounds that don't need BTC conversions. (At the moment the only open Round(s) are 8 and 11)

I've also located the reason for the zombie rounds...apparently there is a bug in the site where it reduces the stock when the order is placed and when it is paid.

The updates on the forum were going by what the site displayed which was effectively doubling what was actually sold so that's where those shares magically popped up from"

===

Thomas is handling questions and collecting payments for R11 via our site (unless you require Escrow, in which case you can PM me). He set up the automated reservation site and the GB with my input. Great work Thomas, and it's definitely an improvement over me trying to keep up w/ an avalanche of PMs and payments.  

I will still handle or assist in:

- Ordering
- Shipping details
- (Optional) Escrowed GB shares for those that insist on Escrow Protection from a 3rd party for: holding BTC funds, post-sales dispute resolution, $500 insurance per transaction at 2% extra cost to share price. Semi-automated Escrow is done thru BTCrow.
- Remote miner setup
- Remote troubleshooting/
- Incremental overclocking
- Payouts or assist in payouts
- Auditing hashrate vis-a-vis payouts
- Dispute resolution and arbitration, if necessary. [Should be rare as we're all adults that don't need to yell. ]

Refunds: If we can't raise the funds to buy the full 800GH/s, we'll just order smaller modules with less hashrate. Refunds are discouraged because of the chaos caused in Group Buys, but if necessary, you will be refunded before the miner ships, at a 1.5% restock fee. After the miner ships, no refunds are available.

By sending payment, you agree to these Refund terms before purchase.


NEW (10/21) Share Ownership Transfer Fee: There is now a 0.75% Ownership transfer fee if you're buying someone else's DZ MC co-op shares. We put a ton of time, money, and BTC to offer the GB community many of the world's best at-cost and below-cost deals. Refunds and share transfers cause chaos and extra work for us.

This 0.75% share transfer fee *MUST* by paid by the new owner before we will transfer share ownership.