Topic: [GB]Terraminer IV #5, Coinsortium - page 32. (Read 62017 times)

Shares will be listed on Bitfunder?

Excellent opportunity.
For diversity, lets get this GB rolling.  soniq has an excellent track record and manages his GBs very professionally.
2 shares for me please
https://blockchain.info/tx/362e5eb883290108e91503f6166e840246f212008cfc09b6196461a1534125c8

Thank you for pointing that out, been busy finalizing details on other GB

OP updated to reflect current exchange rates

You may want to check/update your calculation.
Because currently you are gathering 152 BTC (Currently ~ 19760 USD) to buy a 13999 USD Miner and add a 3,5% monthly Fee.

(Not to pi** you off, but to help all those unwilling/-able to calculate -there seem to be a lot of those on this forum)

Reserved..

Shares for this GB are no longer avaialble

This group buy is for Cointerra's Terrraminer IV  January, Febuary, March, April delivery https://cointerra.com/cointerra-announces-highest-performance-2-terahash-per-second-bitcoin-asic-mining-rig/

#1 - 0/30 shares available - trans id 49b3e4eef5f42d05790dde705413e0d70f5eb591f30393980a609d59272f464b
#2 - 0/30 shares available - trans id 532f8371cda2ee8daebb7fdd4f533ad70de7fef3788ff76511f9154e697b0767
#3 - 0/30 shares available - trans id bc3790a9b85666dd5b4199d8277f0690cf142054c7569404640e7ec58956e4b7
#4 - 0/30 shares available - trans id b6593baf2ae7a8600a4a0478625d2982e49a2b92c1476547a634453b8466a3f5
#5 - 0/30  shares available - trans id b1f7151046268e0110ff393d359081b019220809354e63aa3e39547e82e51e7c


Offering:
Effective September 23, 2013 Shares are 0.4 BTC each, will adjust as USD/BTC exchange rate changes as Terraminer are priced in USD. I am not making a profit buying the Terraminer IV
- 30 shares at 0.4  BTC are available
- Each share entitles the owner to 1/30th of the BTC proceeds from the Terraminer IV mining 24/7 till no longer profitable or sold (less expenses and management fees)
- management fees are 2.5 % of BTC mined before  expenses are deducted.(expenses include but are not limited too, hosting, repairs, shipping, taxes)
- payment will be made to the address of the share-holder  bi-weekly  
- miners will be hosted at data hosting center of OP choice


To purchase shares:

- Send 0.4 BTC per share to address: 15QU4HBzV7wKiQ9z8jgUi4yA1Xng5S7xV6  [This address will be for this GB alone]
- PM me/and post the transaction ID (txid) in this thread.  
- ONLY use sending addresses you fully control. I will use the sending address for BTC payouts for your share ownership and if you request change of payout address I will require that you can sign your share purchase address to make this happen OR I WILL NOT CHANGE THE RECEIVING ADDRESS. This is for your own protection.
-a video on how to sign messages and why not to use online wallets for payments to GB http://www.youtube.com/watch?v=3oxM9_OCQKM
-This Group Buy will be sold in lots of 30 to qualify for another 2 TH/s Terraminer IV , January delivery
-anyone not included in another 30 share lot before January 2, 2013 will be refunded
- shipping is approx $250 for overnight delivery, so has been added to share price

  

IN CASE OF NON DELIVERY:
 - I (soniq)take no responsibility for the possibility that Cointerra does not deliver the Terraminer IV. I(soniq) have done what I consider a thorough due diligence but as we all know, you can never 100% guarantee anything when it comes to pre-orders.
- Refunds will be given in case of non-delivery less 1% for management of GB
- this group buy will be refunded after March 1, 2014 if Terraminer is not delivered, and Cointerra refunds payments
- members can elect to wait further, or members not willing to wait can sell their shares to existing Terraminer IV GB members

Miscellaneous:

- once Terraminer IV are delivered and mining shareholders can sell their shares to shareholders outside of original Terraminer IV Group Buy
- shareholders can sell their shares before Terraminer IV  are delivered to buyers outside of original Group Buy but will be charged a onetime .1 BTC/$40(whichever is higher) charge for name transfer
- at my discretion I can suggest to sell Terraminer IV  at any time and majority vote by share holders can decide to sell or not. Sale proceeds will distributed on a prorated share basis
- I (soniq) will not be responsible if Terraminer IV  do not hash at advertised rate of 2 TH/s
- Any excess BTC above purchase price of a Terraminer IV  will be refunded or paid out prorata as dividends
- any negative balances will be deducted from mining income from your shares




Why should I trust you?

- have a publicly listed ticker at Bitfunder as SNQ.CoinI and SNQ.CoinII
- 100% positive feedback at eBay since 2002 http://myworld.ebay.ca/buglebarn/
- have done some transactions on this forum ( do a profile search, or I can PM )
- do not risk more than you can afford to lose, BTC and BTC mining preorders are high risk
- PM me for other information you need to verify identity
- identity verified by John K https://bitcointalksearch.org/topic/m.2404012
- organized a successful GB https://bitcointalksearch.org/topic/group-buy12-kncminer-jupiters-15-sold-closed-jupiter-pool-226319 and here https://bitcointalksearch.org/topic/m.2577450


If I have forgotten anything or you require more info etc. Please feel free to ask/post in this thread.
Name             Payment address                                       Shares

 

* waiting for confirmation and or waiting for next buy


If you havnt already download Bit Message, will be using this for contacting shareholders about updates, payments and trading shares

Will also create an informal Skype group for casual conversation amongst shareholders