Topic: [CLOSED] R9: BLACK ARROW Bullet Run w Bitfury Chips! 40% off + HOST + UPS +Bonus - page 6. (Read 14071 times)

Hello everybody,

Just to confirm that we are working with bobsag3 on this project.

Awesome. Thank you.

Hi ipxtreme, Welcome aboard BTW!

Sorry, we'll have to wait for Thomas our spreadsheet master and co-leader of the running of the co-op. We're pretty much on the same page most of the time and he's a massive reason why the DZ MC has grown so quickly with minimal growing pains even with the forum outage.

I just added stock to our site 100 more shares in R10, and this equipment all ships at the same time, so R10 will arrive the same time as R9.

==

Welcome back wontons! Cheers, mate!

PP sent to -R- for 4x shares.  Order # on the website is 259.  Thanks!

I purchased 1 share. Can you confirm I am on the list too?

Welcome aboard reznor, davedx, and redphlegm! Welcome back tiennou74!

I'm going to wait to adjust number further than 10 until we hear from Thomas, which is what our co-op's site is showing.

I have a feeling that we're going to run out soon.

If we run out of R9 shares, no worries, I'm going to start up R10 since we're 90% sold out for R9 after about 30-36 hours.

10 shares available.

I am actually getting 3 shares (not 2) sending via paypal to -R- (waiting to hear back from him)

IF website is correct, we are down to 10 shares, but Ill wait for thomas to back me up

1 share purchase. Order # 258.

TX ID:  75a809d27392b4a82e727f902916a0e7c70ce1b5926146fdc83a691552c9d8e3
From: 14PkHaJH5GexLG9P7MYxHRNvZeCq2t8DWX

Please confirm.

Send a PM to -Redacted- on the forums, if he's able to do it he'll need you to provide the details of the order (amount of BTC / address)

**Edit there were some orders in over the night I won't have time before work to enter them into the spreadsheet so it'll be when I get home.

You'll get an email either saying the order is complete or an email with a note added to your order asking for more information.

Just paid for 5 shares. Order #257.

Since that is an automated order system, do you need any additional information from me in this thread?

Hi, would like to buy 5 shares via Paypal. Put an order in on the website but need an address to send the money to. Could somebody contact me please? Thanks!

Hi DyslexicZombei,

Bought 1 share for this R9

Order: #254
Already paid $123 in BTC

TX ID: 54b57b629cb4f0eec59c6e309acc0c16ea5d3be05b02ab2d43cb6c62cd331199

Paid By: 1KuWueS2BUNCLXfqxrkThWs8HWW6rrFQXc

Thanks!

My final update of the night, was delayed from sleep by a Skype chat with Giorgio from Bitmine. He's likes the idea behind our co-op, and the GB market access we can offer them and other manufacturers at double and triple digits instead of four digits USD.

34 shares available.

Thank you!

Hi alh,

Thank you and Welcome aboard! Excellent choice for your first GB venture, if I do say so myself.

I do admit to some bias in the matter, however.  

I'd say that we consistently offer some of the very best ASIC values available anywhere through our community fund raising efforts where we attempt to price our GB shares at-cost or even below-cost. We then attempt to give our miners the most optimal "home" so that our invisible little miner robots can bring home the bacon, or in this case: sweet, sweet BTC.

I'll decrement the counter 1 before I head to bed (another advantage of our co-op: multiple reps and remote miner admins in multiple time zones). Thomas or Bob will be taking over answering questions/queries in a few hours.

43 shares available in Round 9.

In for 1 share, Order #253 via website. Please confirm receipt. I can provide wallet payment
address when needed either via E-mail or PM. I am very new to a Group Buy with Bitcoin, so
assume I know little or nothing about the mechanics of the whole transaction.

Order #252 entered for Thomas via my site account.

19 shares removed from R1B wallet, converted to 7 shares in R9 with some BTC left over. He had 1 share in reserve so we decrement the stock counter by 6, although he paid for 7.

https://blockchain.info/address/1Mod5Kn4TAZCV2ArsgVwRCsHQBVNz6XNNh

Some masked man or woman bought another 4 shares (or that's multiple incognito orders) so:

44 shares remaining.

Hi glongsword,

Thank you for your questions! I appreciate it as I can get too close to the trees to see the forest at times. My thoughts on this:

1) Part of the value of your at-cost or below-cost share is your access to true world class IT expertise. I've been an IT pro for about 13 years and I've designed many DoD certified systems and networks that will never see the light of day, or are only used in labs and field tests, for many cutting edge research projects for about 10 years. -R- is a well paid IT consultant who also may have a security clearance (if I have to tell you...j/k).jungle_dave is a retired EE / Network Engineer (who also knows the exact research lab I work at) who plants trees in the Amazon. bobsag3, our primary miner host, is an IT veteran who has a better hosting setup and pricing then you'll find *anywhere* IMHO.

I've also done well with arbitrage over the years selling CRTs, pre-order Wiis, a BFL Jalapeno at $1850, two July 4 BFL pre-orders at a $100 premium instead of a battle for a refund w/ BFL (lemonade is a specialty of mine).

Our co-op is also different in that we vote on things. I designed this co-op as an amateur historian (80-85% of a US History degree only w/ an IT degree) with the strong belief that the best form of governance is a direct representative democracy, which works as long as people are involved and committed. This is very much a democratic experiment in project. It's working so far.

However, there's been 7 people involved (including mootinator and unknown.usr) that have volunteered time I estimate at well over $10,000 worth of expert pro bono work to turn this co-op into a smooth running (or relatively smooth running) co-op that really is WYSIWYG as we're transparent about *everything* regarding the running of the co-op and Group Buy Round.

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

One of our votes will be: When should we sell this miner?

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

This question holds true for every DZ MC miner that is or will be in existence. I'm truly hardware neutral although I admit I'm most impressed with HashFast, and with some reservations, KnC, who did over deliver as far as hashrate even if there's been some unhappy campers.

If you go by TGB projections, you'll note an interesting thing for any of the high end miners: most of the annual ROI is already reached by the 5th to 6th month, meaning: if you could still get some sort of premium for in-hand, used hardware we can aim to sell it here, BitMit, eBay, Coingig, places co-op members suggest, etc., etc.

--

2) Per our last Skype call, bobsag3 won't be able to afford to run our miners past February at current hosting rates. This 2.75% Industry low Hosting/Management fee was only meant to be an introductory offer instead of a permanent rate to help establish bobsag3. With my input, and with backing from a local investor, in this network engineer's opinion, he's now a serious contender for most ASIC friendly and most impressive facility built I've heard of from a "regular forum guy" (albeit backed by an investor) and with me as his marketing/management agent who also double vetted him and assisted him in designing his building and the special TLC being set up just for the DZ MC.

This co-op's facility, with Industrial UPS units and Battery Banks, a Gas Generator for longer outages, dual network connections (including plans for a 4G router/account very soon for redundancy through longer outages) and special A/C cooled cabinet, combined with our low hosting fees and mesh network of vetted network engineers and IT pros mean that the DZ MC has the very best hosting conditions for any ASIC miner you'll likely to come across or hear about.

The going rate for GBs of this type appears to be 3%. I expect other GBCs may have to raise their rates next year. Just because BTC is deflationary in nature doesn't mean that we don't face inflationary pressures when it comes to hosting and operating ASIC rigs.

Sorry, for the length of my response. I'm not known for my brevity of thought.  

==

TL;DR: This co-op is run by Kool Aid drinkers that are sick of seeing fellow miners getting ripped off and want to help out the Willie Lomans and other "little guys/gals" around the world that want to venture into ASIC mining (or just want to spread their bets) by giving them the same access to the very best ASIC values that only someone with deep pockets has.

Im more than happy to answer your questions.

1) We will probably go with a poplular 0% pool like elgius, or a big pool like BTC guild, or a mix. YOu wont have to set it up, but you certainly have a say in it (if you buy shares)

2) We are working to move to a system where the flat cost in power per month is deducted from each payment, then processed out to each buyer, So the machines will be run for as long as profitable power wise, and or when we decide to sell them.

Hi,

I would like to buy 4 shares, but I have 2 questions that I can't find the answers to in this thread.

1) We don't have to actually set our shares up to mine, other than give you our pay-to address which receives payment (- fees) bimonthly?  Like we don't choose which pool or anything?
2) How long will the miners be ran for?  I imagine, unless you get free electricity, it will cost in excess of fees for you to run the miners.  When that happens, will we no longer receive any payout, and do you anticipate when that might be?  I.e., what is your criteria for turning off the R9 miners?

Hopefully there are still shares available in the morning when I check for a response, unless you see this before I go to sleep.

Thanks!