Topic: [CLOSED]R3/R4: Extended HF FLASH SALE PRICING! 2 HF Sierras, At-Cost+Host, PAID - page 14. (Read 16239 times)

Stall tactics on your behalf.  PM to John S. at HashFast:

"HI John,

I was hoping to call you tomorrow morning about 7:15AM HST. I think that's about 10:15AM PST.

I def. have 1 Sierra sold - we pre-sold 100 shares for the MPP Sierra in less than 12 hours. I have part of a Round 4 HashFast non-MPP Sierra GB reserved as well, so we'll see how that goes and we hope to buy a 2nd one before the deadline.

The reason I want to call is that: even though the sale ends tmrw night at midnight, about a quarter to a third of the funds are in transit via Coinbase for a major shareowner in Round 3. Tomorrow night before your deadline: I was hoping that our at-cost co-operative could pay 50% of the MPP Sierra, and 50% of a non-MPP Sierra to secure availability for both of them to the GB forum.

I'm about 100% positive we can pay the balance for both of them by the end of the business week as I already have over 10% interest for a non-MPP Sierra even after that 12 hour sellout of the Sierra yesterday (which is really fast for the GB forum). This Flash Sale almost stands out like a sore thumb as far as ROI compared to current options.

Thanks,
XXXXXXXX

In most Group Buys there's some sort of restock fee. The seller expects to be compensated for all the behind the work scenes even if the darn thing failed 5 months later. It's tons of work behind the scenes to keep these things humming and to even succeed in a single GB on this forum in the first place. If it was easy, we'd have many more members trying to launch GBs.

With that in mind, one of the services I offer is coaching & mentoring to new GBCs like thomas_s

I've waived my usual 0.1% Pre-paid Pre-Planning fee for in-depth planning for those ambitious enough to attempt their first GB here to get R3/R4 off the ground & to help out thomas_s

Back to refunds: Mass Refunds are usually handled on a case by case basis WRT to the GB, from I've noticed. Since I'm an advocate for both Buyers *and* Sellers, and since I believe in karma, so rest assured:

In this at-cost co-operative, there's no 1.5% restock fee if the majority of the group (in each respective Round) vote for a mfg. refund.

Updated Post 1 & 2 editing to make R4 description and payment section more clear with better editing.

Updated Payment info in Post 2. TL;DR: Payments aren't due until 75 reservations are filled for Round 4, if we're fortunate to get that far.

Ok, back to catching up on Personal Messages.

15 Hours left for payment on both R3 *and* R4. [That or ordering 1 or 2 units, partial payment, and stalling a day or so, ehehe]

Back to the business at hand: corather reserved a share and others need to be added up from PMs. For now:

93 shares available.

===

I just stopped by to say I was back on the case but someone keeps cutting onions next to me.

The exchange above was prompted by actions taken in R2, and R3 & R4 of this co-operative's community fundraising.

For those that don't have the background info for what XXXXXX was talking about: https://bitcointalksearch.org/topic/m.3206423

Thank you gentlemen. I'm donating half a share of R1 GB to this same person you already donated to. Since our anon. hero passed on half of *his* donation that's essentially a full share spread in 2 HF GBs, one a Baby Jet, the other a Sierra.

It looks like about $310 $400 worth of BTC has been donated in the R3/R4 thread and R2 thread in the form of BTC and outright ownership of HashfFast GB shares!

Amazing! I'm thankful and happy to be a conduit for this goodwill. This is *not* a solicitation. Please don't PM us for donations. It was simply 4 acts of random kindness. Not to toot our horn: This is over and above what any other co-operative has done on these forums for complete strangers, as best as I can tell.

BTW, for those wondering how the heck this co-operative works out: yes, we vote on *all* major decisions.

I've set up a separate thread just for the R1 gents so that I make sure their needs aren't being overlooked (our 3rd R1 vote: To Overclock or not Overclock our Baby Jet hosted in NY? If so, how much should we overclock?).

========

I'm an amateur historian fascinated by the changes going on around us and happy to actually participate at what history will still likely see as the groundfloor of Cryptocurrency's eventual integration and takeover of many aspects of our society and economy.

I'm also a humanist in every sense of the word feeling a sense of kinship with, oh just about 99%+ of humanity. I try to run my co-operative in the same fashion, trying to include everyone and value their unique opinions, insights, and strengths. I listed all those occupations above not to show who's running the co-op- Answer: as admins: me and jungle_dave, as a co-op: ALL of us. This shows the diversity of opinion and thought in this co-op, and our strengths as a group.

BTW for those w/ an IT background: feel free to volunteer for a 3rd co-admin for anyone w/ a share in a miner; we're a mesh network, the more redundancy, the better IMO



===

OK, I'm going back to the IT caves doing GB work behind the scenes that helps to keep ownership of shares/accounting/wallets for payouts/payment confirmations are 100% correct. [UPDATE: I'm CC'ing thomas_s so that both of our records are correct about anon. shares and wallet addresses for R3/R4.]

It takes time to make sure we're absolutely correct about the GB ownership and payments/payouts. If you PMed me, I'll update the PMed reservations sent to me shortly. I'm still catching up on PMs so I should be contacting you shortly if you messaged me. Again: please, *no* donations are being solicited *or* expected.

Thank you. It's an honor to serve you all and to be a service to you all.

If a power outage is going to be a serious issue at my location, I have a temp location with almost as much power and cooling that I can use for 1-4 days max. Much cheaper than a generator.

This is exactly the reason we didn't decide to put a 1k unit into the price, but a smaller one to cover a small outage / brown out, but if the group wants to pay for a 1k unit, then that is the majority decision we will.

If we do decide to use bobsag3 this is the link to his hosting service topic that goes into some more details of what his service offers
https://bitcointalksearch.org/topic/minersourcenet-miner-hosting-llc-cheap-and-secure-hosting-and-sales-288012

DZ,

Regarding the battery backup, it doesn't seem worth it to me to get 1.5 +/- hrs for 1k at all.  I don't know how ofter then power goes out where Bobs location is but I would say I have a power outage once every 2 years or so.  

So here's the logic I'm using.  Lets say the power goes out 3 times for 1.5 hrs or more during the life of this rig.  That's 4.5 hrs of hashing for 1k so unless btc prices go crazy and the network slows down considerably it's not worth it.

I say get the one that will keep it up for 20-30 mins to cover quick outages and brown outs. If the power goes out longer then that we take a hit.  Seems like a waist to throw a grand at a backup that's only going to keep it going for an extra hour.  
Of course I don't know how reliable your power grid is there.  If we can expect that it will go out many many times then hell ya it's worth it.

Thoughts?

Reserved for 1 share. PM me with details. I'd prefer to pay in BTC. Looks like I'll have to paypal you the money. Can't get the BTC in time.

1) we will be using bitstamp on this GB to calculate conversion as that is what hashfast uses.
2) we believe hashfast will be able to deliver however this question would need to be answered by DZ as he is dealing with the monetary side, (I thought he posted it tho)
3) Each GB that is run here by DZ is like a democracy, everything is voted on and the decision is made based on majority ruling.
4) This would be a question for the host (right now I think the only person that has requested the hosting / received any votes is bobsag3)
5) From what I've read the warranty is 10 days from defects, if it can be fixed (we would have to vote on weather fixing it would be more cost effective, we would be able to sell it to someone who'd want to fix it most likely)
6) See #3.
7) Everything documenting this GB is in this topic, I'm sure if there is a request we can make all the information into a pdf.

Hi,
I'm considering purchasing some shares in the GB - I see that the price is $69/share, but I have a few questions:

* the payment address is a BTC address. I'm trying to calculate out the total pricing, but it would help to know how many BTC you consider $69 to be? Or do you accept USD as a payment method?

* If HashFast is unable to deliver at all, does the 1.5% restocking fee for refunds apply?

* I see that there are 26 people involved in the management of this - is this a formal company with another purpose as well? This question is really more geared towards what is the exposure if a few people decide they want to retire from this - who's left?

* Can we visit the equipment if we're in the area?

* What happens if the machine is damaged and considered outside warranty?

* I see the projection is resale in 7 months. If BTC/USD exchange rates increase so that it is still profitable to hang onto the equipment, is the existing hosting arrangement prepared for a "long haul"?

* Will there be any written agreement documenting the co-op?

Thanks for answering my questions - just trying to accept any risk here! Sorry in advance if any are dumb questions.

Re: Bob's 120A generator.

My understanding from talking w/ Bob is that it's meant for longer outages, hence the need for our own local battery backup & voltage regulation. That's why there's a minimal price built into the share price for Battery/Backup performance. From the homework I asked Thomas to do, it came out to about $1K+ for us to have 1 to 1.5 hours of backup power which would've added almost 10% to the share price for a $11K GB. I already knew that but I wanted him to learn on his own.  

That's partly why he can offer true professional colocation services at the world's lowest costs. If you were running an industrial rig by yourself, do you only want 2-4 min. backup from a $100-150 UPS? By all of us ganging together for UPS/Battery costs, we all get much better value by getting more battery power per dollar spent, thanks to our greater purchasing power & access to better equipment/values.

==

Back from the beach. Dinner w/ the fam in a bit & then I'll be working thru PMs in a bit. Please be patient w/ me & Thomas. I heard back from John S.; he says he's *not* easy to piss off and wasn't sure what I was talking about. Nice to hear that at least one of the heads of marketing of these new mfgs. has thicker skin then what we've seen so far w/ unnamed Gen1 ASIC mfgs.

I was thinking that w/ such short notice for payment on this flash sale, if necessary, we'll try to secure 2 purchases but at the very least we'll secure 1 $6K Sierra (depending on what funds we have avail. by 9PM HST Monday night). If R4 stalls, we'll put everything we have into getting R3's Sierra secured at $6K but pref. at $10K.

My understanding from PMs I've received from those that soft reserved shares is that they want to take advantage of the Flash Sale but can't pay until Tues/Wed.

Some buyers may not be able to get payments in by Monday night. I'll talk to John S. on our behalf & see what I can work out as far as slightly late payments for secured pre-orders.

Looks like we have more reservations when I update numbers. Be back in a little bit.

Have you considered putting in a backup generator?  That way we dont have to worry about ups backup but I dont know if it would be worth the cost.

I have 2400sqft, with 95kw peak demand capacity.
Answer your question?
shoot me a PM, and Ill send you my number so we can talk.

You have room down there to host 6 or so Jupiters in a week or so?  If so, how much?

Im glad DZ Is better at speadsheets than I am.
This is why he does what he does, and I run the power cables. And make sure my cats dont light any of the machines on fire. Things like that.

DZ HF R1 GB, 2 shares, red@ct.  

Picking up two shares of the R1 GB from DZ @ $155.

http://blockchain.info/tx/cd9484dbcfc5c3c0aa920df81f5b7e96a8fd63a23af4105124ed616317e375cf

Yup, that's correct! Nice to be able to tag team and have access to more funds/BTC for these flash projects. BBL gents!

These shares are only $69 each, at cost for something that projects as actually blue on TGB...just sayin'...

To speed things up you can send PM's to me I am a GBC of this GB, it'll free up DZ's time so he can tend to other things.

Send Reserve requests / questions to me.
For reserve requests I just need to know how many you would like to reserve and if you want to be anon or posted publicly.

Ok, just put me down for 3 more. You want to update the thread using the same color format?

Thanks!

94 shares avail. Please send anon. reserve PMs to thomas_s. , por favor.

==

Hmm, the groms are finally sick of their ipads & TV, & want to finally go to the beach. Imagine that.

I may be gone longer than a coupla hours. Sorry, that spreadsheet update will have to wait but no worries, y'all have PM exchanges w/me for your payments/ownerships, etc..