Community Mining - Bitfury Asic Miner 120GH/s --> All Shares taken [closed] - page 5.

itxtutor

member

Activity: 70

Merit: 10

Quote

The PDF has a password. The password is: NOT LEGALLY BINDING DRAFT COPY

View document here:
https://docs.google.com/file/d/0Bz7CvNpsvWycUm1yb015UzFjbFU/edit?usp=sharing

Bitcentury has released their draft copy of the contract. Note, this is just an early Version of the contract and the final Version will look different.

Quote

Foofighter, where are you planning to host these miners?
Sorry if you already answered that, but I looked and didn't see it

Yes they will be hosted near me and foofighter. I´m studying Engineering at the technical University in vienna, so if the System breaks down, and foofighter is at work, i could fix it when i´m at home or use VPN from the University.

Actual Status:

34/40

Foofighter

hero member

Activity: 882

Merit: 547

BTC Mining Hardware, Trading and more

Quote from: hwmax on June 08, 2013, 08:53:34 PM

Can I ask a couple of questions; Where will these be hosted? Will they be hosted in a location that you can easily travel to if there is need of emergency maintenance/other intervention? Do you have network/engineering and/or electrical engineering experience if these units are delivered fairly bare bones and require some effort to have them mining efficiently?

Quote from: suryc on June 09, 2013, 02:57:39 AM

Foofighter, where are you planning to host these miners?
Sorry if you already answered that, but I looked and didn't see it.

Hey,

the Miners will be hosted near the place of my Partner ITXtutor, so if something is wrong he can easily reach them and check in person. Also remote access will be available to use and backup Internet via UMTS is provided.
ITXtutor has a lot of experince in electrical engineering so even if the devices would be delivered as you mentioned hwmax, this will be no problem for us.

Best regards
Foo

suryc

sr. member

Activity: 298

Merit: 250

Play2Live pre-sale starts on January 25th

Foofighter, where are you planning to host these miners?
Sorry if you already answered that, but I looked and didn't see it.

Foofighter

hero member

Activity: 882

Merit: 547

BTC Mining Hardware, Trading and more

Hey guys,

33/40 Shares paid !

Gogo, if we can manage to get the 4th full und just get the first few investments for the 5th Miner we will reach our goal hopefully!

suryc

sr. member

Activity: 298

Merit: 250

Play2Live pre-sale starts on January 25th

Payment of 2BTC sent for 2 shares:
http://blockchain.info/tx/1a6f1a2b236d3122784fbd3c72d851180a16061cc642169eaeebf408dc83f6d4

Thank you.

vandinn

member

Activity: 79

Merit: 10

I am offering a similar service at a better price (due to lower costs). See here: https://bitcointalk.org/index.php?topic=229663.new#new

hwmax

member

Activity: 70

Merit: 10

Can I ask a couple of questions; Where will these be hosted? Will they be hosted in a location that you can easily travel to if there is need of emergency maintenance/other intervention? Do you have network/engineering and/or electrical engineering experience if these units are delivered fairly bare bones and require some effort to have them mining efficiently?

Foofighter

hero member

Activity: 882

Merit: 547

BTC Mining Hardware, Trading and more

Hey guys,

30/40 Shares paid !

10 SHares are still left for #4

EDIT: 4th Miner is already ordered!

regards

itxtutor

member

Activity: 70

Merit: 10

Hi,

Currently there are no accurate Infos abot it. But they said somewhere between August and october. But we are confident, in the upcoming days there will be test chips sent out to developers. They will test them and give us a Feedback about power consumption and Performance

regards.
Steven

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: Foofighter on June 08, 2013, 01:59:41 PM

Just fixed it

actual Status:

26/40 Shares paid

@ranlo

Are you interested in buying a Share?

regards

Is there any information on when the ASIC's should be ready?

Foofighter

hero member

Activity: 882

Merit: 547

BTC Mining Hardware, Trading and more

Just fixed it

actual Status:

26/40 Shares paid

@ranlo

Are you interested in buying a Share?

regards

Foofighter

hero member

Activity: 882

Merit: 547

BTC Mining Hardware, Trading and more

Sorry,

1 Share = 1BTC = 3 GH/s

regards

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: Foofighter on June 02, 2013, 04:32:22 PM

Hi guys,

In this thread we want to introduce a new community mining project which is based on bitfury mining devices. (Group buy -> https://bitcointalksearch.org/topic/bitcentury-metabank-120gh-65nm-asic-pre-order-proxy-07wgh-32btc-per-unit-223656 )
It will be based on the same scheme like our open source asic miner projekt (https://bitcointalksearch.org/topic/community-mining-avalon-asic-chip-miner-33840mhs-all-shares-are-taken-216782)

Advantages:
-Low power costs (0,7W – 1W / GH) -> So you will get more mining earnings.
-120GH / device for a low price of 3 BTC / GH

About this project:
-There will be 40 shares for 1 BTC each per device.
-One share equals a hashing power of 3GH/S

I'm a bit lost. You said that the cost of the device is 3 BTC/GH, but yet you are selling shares at a rate of 3GH/BTC.

Is one of these reversed?

wrenchmonkey

full member

Activity: 224

Merit: 100

Quote from: Foofighter on June 02, 2013, 04:32:22 PM

Senseless charges an amount of 30BTC / device

Goddamn, that IS senseless. For that money, you could fucking fly there and pick it up in person. If you're buying 4 of them, that's $15Grand! Shocked

itxtutor

member

Activity: 70

Merit: 10

25/40 Shares for mining device #4 -> 15 Shares left !

Foofighter

hero member

Activity: 882

Merit: 547

BTC Mining Hardware, Trading and more

Hello Mr.Troll,

just compare the outgoing BTC with the incoming BTC of the adress of Bitcentury..

Foofighter

hero member

Activity: 882

Merit: 547

BTC Mining Hardware, Trading and more

Thank you,

Status
22/40 Shares paid

DutchBrat

hero member

Activity: 868

Merit: 1000

5 shares bought

TXID: cdb4e18af0b61ee23ce2725433d84473b93edca71a45250a3e13b05351f1688c

Address: 1HrKVrwUWDgHTptF1L1b527nNrQQ4t75TM

Foofighter

hero member

Activity: 882

Merit: 547

BTC Mining Hardware, Trading and more

Status
17/40 Shares paid

Foofighter

hero member

Activity: 882

Merit: 547

BTC Mining Hardware, Trading and more

Quote from: vitalemontea on June 08, 2013, 04:57:17 AM

Quote from: Foofighter on June 02, 2013, 04:32:22 PM

Attention Pre Order! If Senseless doesnt deliver, we take no responsability!

Who is Senseless? Link or anything?

He is one of the guys of Bitcentury, they provide the service to bring the devices from Russia to us:
https://bitcointalksearch.org/topic/bitcentury-metabank-120gh-65nm-pre-order-proxy-closed-226846

Topic: Community Mining - Bitfury Asic Miner 120GH/s --> All Shares taken [closed] - page 5. (Read 26866 times)