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Topic: [COMMUNITY] Let's buy a SC Single together! It's cheaper than a Jalapeño! - page 3. (Read 4432 times)

legendary
Activity: 938
Merit: 1000
What's a GPU?
Thanks Obsi, I think it will cause a bit of a spike, but nothing too significant.

I'm not going to sell though, as I think BTC is just going to go up from here out!
legendary
Activity: 938
Merit: 1000
What's a GPU?
I am going to take the popular advice and scrap this venture. I will be focusing on expanding Cognitive with SC rigs instead!

Thank you all for your support and criticism; I've learned a bit from this thread.

Cheers,
Garrett




https://bitcointalksearch.org/topic/starting-a-new-fpga-mining-farmcontract-cognitive-resurrected-onhavelock-67547
http://cognitivemining.com/
https://glbse.com/asset/view/COGNITIVE

Quote from: Garr255
I want in on BFL's new ASIC line (who doesn't?) but I really just can't afford it. (I also don't want a coffee warmer Tongue) They will be opening their order forms tomorrow, and I'd love to get a good spot.

I am offering to host as many SC Singles as we raise funds for a fee of 10% of the hashing power. The hashpower will be distributed evenly among co-owners.

Each SC Single supposedly gets 40gh/s. One "Slot" here will get you ownership of one twelfth of the SC Single, minus the 10% management fee which will cover power and housing.

You can buy one twelfth of the SC Single for a minimum of 20btc, and more slots for any amount greater than that which is also a multiple of 20btc. This will give you 3gh/s per slot.

I will be putting an initial 20btc toward the effort for the first SC Single, thereby getting the 10% management fee + the purchased 3gh/s.

If you would like to purchase a slot, PM me and I will send you an address.

If you would like to donate to the cause, 1Ms8sUVbaKfhMJnpWh1ou9m1j2UbFoEnG1

SC Single 1:
Code:
Slot 1 - Garr255
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I reserve the right to liquidate the SC Single(s) at any time, and distribute the sales revenue proportionally among fellow co-owners.

Let me know what you think! We need to get funds raised very soon, preferably tonight.

Cheers,
Garrett
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