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Topic: *Failed*[Group Buy] 1070ti BULK BUY straight to OEM - page 2. (Read 4193 times)

newbie
Activity: 8
Merit: 0
I'd like to purchase 50 units.  Can I get a sponsor.  Thx.
sr. member
Activity: 434
Merit: 251
I'm looking at 24 to 32 units.

Who can sponsor me for those numbers?
legendary
Activity: 2562
Merit: 1064
Can take 100 1070 Ti, shipping to India. But first require more details. There is many things missing.
newbie
Activity: 46
Merit: 0
Is there an end date before we can order or this offer is good until April?

Thanks.
legendary
Activity: 2026
Merit: 1005
any photos? basically, is this item with blower fan (ref. design from NV) or not?
hero member
Activity: 1151
Merit: 528
This is all interesting, put the past several pages have left me with more questions than anything.. could easily buy 100 units..
legendary
Activity: 1666
Merit: 1037
Yeah, i know, that is why i am asking about the revolux sponsor in particular which is OP's site as he states in 1st post.My question was whether i have to send money now to the sponsor or PoF although i think i have to send the money upfront as said in 1st post as well. Am i  getting this right ?

The details for this group buy have not been decided it's still early stages. It would be very unwise to send money to anyone at all for this group buy yet until those details are finalized.

Pick a sponsor, let them know how many you want and then they will let you know when to make payment (I highly suggest using escrow unless your sponsor is well trusted)

100%
Thank you for clarifying this.

The point of this thread is for everyone to state their interest, to discuss who to pick/ask for sponsorship, etc.

We would also like sponsors to come forth and announce their terms & conditions. More details in op.

Before you pick your sponsor, please have a lively discussion, ask questions, do your research, and don't send your money to anyone you don't trust, or anyone you haven't discussed terms & conditions with.

Trust chain:
The entire point of this bulk buy is that nobody's money should ever be risked until we've got trusted verifiable proof that the cards are real, in our hands, and pass our inspections. At the very top of the chain, we have bulk buyers and sponsors who are either doing escrow or standby letter of credit. Their money is never at risk until cards are in their hands.
Think: Trustless top, sponsor of the "trust chain". All that is required to establish a "source" of trustlessness is Proof of Funds.

Then, you have people who are being sponsored by someone. They are the links of the trust chain. These people are at risk because if they send their money to a "sponsor" today, they are trusting that the sponsor will:
  • 1) be capable and competent enough to ship cards in a timely manner
  • 2) In the event the buy does not happen, be able to give you a timely refund

The way you go about securing these things depends on the terms of your sponsor. Do you trust them? Have they been vetted by trusted forum members? Do you know them personally? Local pickup? Escrow? Standby letter of credit? Etc etc.
Like Kapz said:
Escrow is highly suggested unless your sponsor is well trusted

Do your research. Have a discussion here, and on telegram.

Hope this clears some confusion. Mod and trusted member help is really appreciated here.

Best,
Amir

EDIT: I'm in London Feb 9-10. Anyone want to meet up?

Can you PM me your contact number and email

Thanks
jr. member
Activity: 36
Merit: 3
Yeah, i know, that is why i am asking about the revolux sponsor in particular which is OP's site as he states in 1st post.My question was whether i have to send money now to the sponsor or PoF although i think i have to send the money upfront as said in 1st post as well. Am i  getting this right ?

The details for this group buy have not been decided it's still early stages. It would be very unwise to send money to anyone at all for this group buy yet until those details are finalized.

Pick a sponsor, let them know how many you want and then they will let you know when to make payment (I highly suggest using escrow unless your sponsor is well trusted)

100%
Thank you for clarifying this.

The point of this thread is for everyone to state their interest, to discuss who to pick/ask for sponsorship, etc.

We would also like sponsors to come forth and announce their terms & conditions. More details in op.

Before you pick your sponsor, please have a lively discussion, ask questions, do your research, and don't send your money to anyone you don't trust, or anyone you haven't discussed terms & conditions with.

Trust chain:
The entire point of this bulk buy is that nobody's money should ever be risked until we've got trusted verifiable proof that the cards are real, in our hands, and pass our inspections. At the very top of the chain, we have bulk buyers and sponsors who are either doing escrow or standby letter of credit. Their money is never at risk until cards are in their hands.
Think: Trustless top, sponsor of the "trust chain". All that is required to establish a "source" of trustlessness is Proof of Funds.

Then, you have people who are being sponsored by someone. They are the links of the trust chain. These people are at risk because if they send their money to a "sponsor" today, they are trusting that the sponsor will:
  • 1) be capable and competent enough to ship cards in a timely manner
  • 2) In the event the buy does not happen, be able to give you a timely refund

The way you go about securing these things depends on the terms of your sponsor. Do you trust them? Have they been vetted by trusted forum members? Do you know them personally? Local pickup? Escrow? Standby letter of credit? Etc etc.
Like Kapz said:
Escrow is highly suggested unless your sponsor is well trusted

Do your research. Have a discussion here, and on telegram.

Hope this clears some confusion. Mod and trusted member help is really appreciated here.

Best,
Amir

EDIT: I'm in London Feb 9-10. Anyone want to meet up?

Anyone needing a sponsor can contact me, I’m already sponsoring quite a few people, and won’t be taking any funds until the cards are sitting at the port. I have met in person with Amir & Evan, and have talked on the phone with many people in this thread. I’m in MA and I’m willing to meet up with anyone that is interested. Contact details have been posted a few times!
newbie
Activity: 37
Merit: 0
Yeah, i know, that is why i am asking about the revolux sponsor in particular which is OP's site as he states in 1st post.My question was whether i have to send money now to the sponsor or PoF although i think i have to send the money upfront as said in 1st post as well. Am i  getting this right ?

The details for this group buy have not been decided it's still early stages. It would be very unwise to send money to anyone at all for this group buy yet until those details are finalized.

Pick a sponsor, let them know how many you want and then they will let you know when to make payment (I highly suggest using escrow unless your sponsor is well trusted)

100%
Thank you for clarifying this.

The point of this thread is for everyone to state their interest, to discuss who to pick/ask for sponsorship, etc.

We would also like sponsors to come forth and announce their terms & conditions. More details in op.

Before you pick your sponsor, please have a lively discussion, ask questions, do your research, and don't send your money to anyone you don't trust, or anyone you haven't discussed terms & conditions with.

Trust chain:
The entire point of this bulk buy is that nobody's money should ever be risked until we've got trusted verifiable proof that the cards are real, in our hands, and pass our inspections. At the very top of the chain, we have bulk buyers and sponsors who are either doing escrow or standby letter of credit. Their money is never at risk until cards are in their hands.
Think: Trustless top, sponsor of the "trust chain". All that is required to establish a "source" of trustlessness is Proof of Funds.

Then, you have people who are being sponsored by someone. They are the links of the trust chain. These people are at risk because if they send their money to a "sponsor" today, they are trusting that the sponsor will:
  • 1) be capable and competent enough to ship cards in a timely manner
  • 2) In the event the buy does not happen, be able to give you a timely refund

The way you go about securing these things depends on the terms of your sponsor. Do you trust them? Have they been vetted by trusted forum members? Do you know them personally? Local pickup? Escrow? Standby letter of credit? Etc etc.
Like Kapz said:
Escrow is highly suggested unless your sponsor is well trusted

Do your research. Have a discussion here, and on telegram.

Hope this clears some confusion. Mod and trusted member help is really appreciated here.

Best,
Amir

EDIT: I'm in London Feb 9-10. Anyone want to meet up?
hero member
Activity: 697
Merit: 503
Yeah, i know, that is why i am asking about the revolux sponsor in particular which is OP's site as he states in 1st post.My question was whether i have to send money now to the sponsor or PoF although i think i have to send the money upfront as said in 1st post as well. Am i  getting this right ?

The details for this group buy have not been decided it's still early stages. It would be very unwise to send money to anyone at all for this group buy yet until those details are finalised.

Pick a sponsor, let them know how many you want and then they will let you know when to make payment (I highly suggest using escrow unless your sponsor is well trusted)
copper member
Activity: 243
Merit: 16
Yeah, i know, that is why i am asking about the revolux sponsor in particular which is OP's site as he states in 1st post.My question was whether i have to send money now to the sponsor or PoF although i think i have to send the money upfront as said in 1st post as well. Am i  getting this right ?
hero member
Activity: 697
Merit: 503
Hello , i have a question regarding Revolux Sponsor. I Would like to order 6 , do i have to pay upfront or just PoF now and wait for an announcement. I dont have any objection with paying now , just asking for clarification. Thanks in advance!

If your only ordering 6 you need to go through a sponsor (someone who will be purchasing a large order)
copper member
Activity: 243
Merit: 16
Hello , i have a question regarding Revolux Sponsor. I Would like to order 6 , do i have to pay upfront or just PoF now and wait for an announcement. I dont have any objection with paying now , just asking for clarification. Thanks in advance!
newbie
Activity: 37
Merit: 0
I'm watching this thread from couple of weeks and but seems you guys didn't managed to get anything yet except assumptions.
Can you guys tell me how and when this GB going to happen, what is lead time kindly PM me with more detail, I might be interested in 100+ GPUs if this is legit.

Thanks


Happy to discuss details here or on the public telegram channel, as I'm sure others will have similar questions as well. There are no assumptions, just a very clear goal and actionable steps to get there without risking any buyer money.


--

We had a very productive dinner last night and meetings today in NYC. We're still waiting to hear back from the factory about engaging with us, we went forward with what we had but we're still short 40M. In the meantime, Evan and I have been on calls answering questions for those interested in orders in the 5-25M range.

Some new updates:
  • So.... we can't be publicly talking about pricing like this. I don't foresee it being a problem unless this thread really blows up, right now it's just a subset of us smaller guys pooling our cash to put in an order with the 10M+ guys.
  • We now have a public company telegram: t.me/revoluxio  -  I think this will help with getting people's questions answered in a timely manner in case I'm not available, etc.
  • There is also the @HardwareMarketplace telegram, which is not moderated by us, but I am active on there



Best,
Amir
legendary
Activity: 1666
Merit: 1037
I'm watching this thread from couple of weeks and but seems you guys didn't managed to get anything yet except assumptions.
Can you guys tell me how and when this GB going to happen, what is lead time kindly PM me with more detail, I might be interested in 100+ GPUs if this is legit.

Thanks
newbie
Activity: 37
Merit: 0
can we also provide a proof of funds  with a BTC address signing?

Yes just sign a message stating the quantity you're requesting and e-mail it over.

Hey Amir,

so where are we standing currently?

P.S
You still didn't contact me.

Sorry I haven't posted any updates in a few days!
We've been really really swamped traveling all over the place in back-to-back meetings for the last week and a half now. In general, If I don't get back to someone:
1) please forgive me, and then
2) please check http://vyte.in/amir where you can overlay your calendar onto mine and find a time that works for you to hop on a call.


[Pics to come once I'm off this sh**ty plane WiFi]
I'm currently being flown out of Chicago and into NYC, and will be there all day tomorrow if anyone wants to meet up. More big meetings lined up, and then lawyers lawyers lawyers.


We're sitting at ~$35M Proof of Funds collected! We're pushing to lock down pricing and other specifics this week, and waiting for some bigger buyers to send in actual Proof of Funds letters from their banks (some provided screenshots, statements, deposit slips, etc.) We're OK to approach the factory for now though, and we want to keep moving fast with this.


QUESTIONS:
  • A number of you have mentioned you're interested in 1080ti's instead of 1070ti's. As mentioned in the op, this is entirely up to us but we need to have a discussion about it. Based on our calculations, price/MH and MH/W 1070ti was the better choice. Please discuss
  • Are you guys open to other non-gpu options (like ODM ASIC's) that require a smaller order size, if the graphics cards don't happen?

TO DO FOR US:
  • I've messaged everyone on the list who is over the 300 unit minimum, some of you I cannot PM. Please set up a call here; http://vyte.in/amir
  • There is a hefty list of people who need sponsors. We need an organized effort for these people to group up and then go find someone they trust to handle their transaction/escrow
  • If you have the operational capacity to sponsor cards, please announce your terms here!


jenia1, third times the charm. Let's link up!

Best,
Amir
sr. member
Activity: 504
Merit: 267
HashWare - Mining solutions for everyone!
Hey Amir,

so where are we standing currently?

P.S
You still didn't contact me.
sr. member
Activity: 504
Merit: 267
HashWare - Mining solutions for everyone!
can we also provide a proof of funds  with a BTC address signing?
newbie
Activity: 37
Merit: 0
We're tallying up the PoF received so far. Looking really good, very excited to update you all tonight.



If you're past the 300 minimum order threshold, please try to send in your proof of funds tonight. The farther we blow through our targets the faster we can lock down pricing.

EDIT:
Week 1 Goal: $20M PoF
Week 1 Results: $29M PoF

2/5/18 Goal: $40M PoF
2/8/18 Goal: $80M PoF

We blew past the first milestone in just over three days! Mostly though, THANK YOU guys for spreading the word around and getting a number of big players to come out of the woodworks.
We have our meeting in 9hrs, if you've got Proof of Funds that we're waiting on please try to get whatever you can in before 9am PT so we can walk in with over 30M PoF.

Otherwise, keep posting on telegram/twitter/facebook and reach out to anyone you know who has already heavily invested in mining, and send them to this thread. We've made a shortlink: http://link.revolux.io/bitcointalk
Related: We recently did this podcast ( http://link.revolux.io/cryptocousins ) and had TONS of fun. You guys think someone would be willing to take us on as guests? We're itching to do more.

Fingers crossed, we might just be able to pull this off. After all of this week's phone calls, I'm very optimistic. I can't wait for tomorrow.

Onwards,
Amir

jr. member
Activity: 36
Merit: 3
I am working on getting my list and proof of funds over to Amir and Evan tonight, can anyone that wanted to order less than 300 and who wanted to go through me please contact me as soon as possible? You can text me or call me at 1-413-251-9291 - text is usually the best  way to get a hold of me.
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