Topic: [CLOSED] R8B: Bitmine Rig, 600GH/s, At-cost+Host, $70= 10-15GH/s+UPS (Read 12243 times)

I had quite a lot invested in R7...

The lack of news is irritating and it seems that you have dropped the ball.
What is going on? Am I the only one wanting to see my money back?

I will post a message everyday until this is resolved.
 

They've been ignoring us since late March.

I sent them everything they ask for to verify ID for a full refund on March 31. Not a peep from them since or a single response to follow up emails. Please feel free to contact them as well if you'd like on everyone's behalf. I mean, the order numbers are available so we can all reference it on my Photobucket site. It might help as in they hear from other irate people wondering when they're going to send refunds.

Bitmine has some explaining to do to all of us.

Still no news...

And a decent amount of my own money, I have emailed them every few days.

How aggressively are you going after them? You should be hounding them daily, you gathered a shitload of other peoples money to buy these.

As said in another of the Bitmine GB threads they are not replying to us

any news about the refund in this group buy?

While they're shipping units, they're so late, and there's enough momentum, that the Refund request is going in tomorrow. I would've sent it tonight but I don't have a scanner to scan my ID which they're requiring for refunds.

The refund form says that the refund should be processed in 30 days. When it arrives I'll be sending the BTC to Thomas to deliver your refunds (minus a small refund fee). BM is doing a conversion so they're sending the current USD equivalent of the BTC we sent at time of ordering.

Since i have only 1 share in this round i vote for a refund. 


R8: Bitmine Rig

Order# 290

Shares: 1

Date: October 18, 2013

Payout Address:  1KaJHxV5Yk4ztNpuvwWvcj51mAAtLTEzwF

I'm voting to move forward with refund.

tgbtgin_2013

20 shares

bumptitits bump refund?

Hello DZ, has it been 71 days of delay based on the committed shipment date?

If so, please see CPP and refunds deadline posted by Giorgiomassa. I have posted below...

CPP and refunds deadline
Confusion would be the best term to describe an otherwise very straightforward policy. A dedicated page explaining in simple words how the CPP works has been available here http://bitmine.ch/?page_id=850 since day 0, but it looks like it wasn't clear enough, or just not read by most people. Let me resume some key points:

1) First 10 days don't count in late delivery calculation.

2) Refunds can be asked on the 71th day of delay based on the committed shipment date, which is the one published when you place the order. For avalon-clones and December batch customer, that means you'll be able to ask the refund starting from February 27th (December 16th stated delivery date + 10 days + 60 days). An appropriate page on our web site under support will be opened tomorrow for anybody willing to ask for a refund and yes, we will be honoring them within 30 days.

3) The late delivery compensation for your unit(s) will be determined at the exact moment of its assembly, that's why it makes no sense to keep on asking the support team, they won't be able to give you an answer till the unit is in production!

4) The compensation is calculated on 10% steps of increase of the nominal hashing power that you've ordered, rounded to the next highest hashing module. So, if you ordered a 200 GH/s unit and your unit leaves our warehouse after 32 days of late delivery, that is 22 effective days which is 30% additional power. Theoretically that would be 260 GH/s which, in case of the Desk unit where the hashing modules are 200 GH/s each, that would make your order shipped with two 200 GH/s modules for a total of 400 GH/s. Before creating again a conspiracy based on my words, please note that we're currently evaluating the possibility to supply late orders with half-mounted hashing units (i.e. 4 CoinCraft A1 chips instead of 8 ) so whereas you'll still get more than what you were actually entitled for, it may be less than the above mentioned example.

5) Refunds are made in the same payment method on which the payment was originally made. That means: wire transfers get refunded with wire transfers, bitcoin payments get refunded with bitcoin payments.

6) Refunds are pinned to the daily exchange rate at the moment when the refund will be issued, based on the original USD price of your purchase order which is the base currency for the prices stated in the website. That means:
    6.1 If you paid by wire transfer in USD, you get refunded by wire transfer in USD
    6.2 If you paid by wire transfer in EUR, you get refunded by wire transfer in EUR at the daily USD/EUR exchange rate based on your originally invoiced amount.
    6.3 If you paid by wire transfer in CHF, you get refunded by wire transfer in CHF at the daily USD/CHF exchange rate based on your originally invoiced amount.
    6.4 If you paid by bitcoin transfer in BTC, you get refunded in BTC at the daily USD/BTC exchange rate based on your originally invoiced amount.

7) Refunds are not mandatory: if you don't request them with our refund request form, we won't be doing this automagically for you. You can opt to wait for your 50% (the maximum) compensated order to be delivered for any amount of time.

8 ) Refunds are based on the originally paid amount, excluding any coupons or discounts. For example, if as an avalon-clone customer you opted for a 50% free coupon on your originally paid amount of $1000, your refund will be based on $1000 and not on $1500.

What is the committed shipment date, which is the one published when you place the order.

wow! any news on this gb? have we entered the two month period were we can ask for refund?
i think refund is a better option.

The latest update from Giorgio is the December batch ships next week (with hashrate upgrades for the delay).

I have yet to receive a shipping update on this order.

Knew I forgot one,

Bitmine has just began production today according to their website's news section. December / January batches will have the customer protection added, I think this affects this round (the customer protection is additional modules which will increase power consumption to make up for this hosting will be adjusted accordingly)

What the latest news about this GB?

This is due in January sometimes. Hopefully it's mid-January late January. Let's cross fingers on this one.

Merry Christmas everyone! If you celebrate or don't celebrate this holiday, my toast of good cheers to you and yours is still the same. I'm thankful for our customers and I'm thankful for you co-op members that have helped make this co-op the success it is today by helping us improve things over time and helping one another out with knowledge. 5 months ago I had no idea I'd form the biggest public co-op in the world for BTC mining.

It's an honor to be the founder and co-leader of a co-op full of so many like minded miners, and I'm both humbled by our success and very thankful to have met my co-leaders, which has resulted in round after round of world class values, and a crypto umbrella company founded upon the core of the DZ MC (with the co-op shielded as a sub-company).

Here's to a successful 2014!

Thanks for catching that amer. It's actually CLOSED.

Mistakes can happen when running simultaneous GBs, with multiple GBCs, and doing 21 Rounds (most of them with sub-rounds) of community fundraising for rigs in 5 months. That's my fault for not closing this round properly.

We were waiting to hear back from someone that essentially bought the last 2 modules (this was before we had a added 25% GB Round share ownership cap to our Group Buys after R15-16 sold out so quickly due to a few buyers).

The best guide as to whether something is in stock or not is to check our website and see if the Round (or product or contract, wow, we've grown!) is shown as in stock.

Cheers!

Is R8B sold out? This thread still says OPEN, 73/75 available..