Group-buy2: please express interest in this thread or via PM.
Note: Individually distributed shipping can be done (as per group-buy1: several units need to be ordered; iPollo will be deciding this, we simply convince them with total order size).
I propose to host them. Please see hosting thread here:
https://bitcointalksearch.org/topic/--5407422
Group-buy2; pending[?] units, $x/unit
Order: n/a
Shipment: n/a
Group-buy1; completed:25 units, $269/unit.
Order: paid
Shipment: shipped & received.
Payment for customs will be handled after (roughly $50/unit), for units destined to be hosted by me.
This project is hinged on supporting the Grin network:
http://grin.mw/
Group-buy1:
ipollo.com, the G1/G1-mini manufacturer, has agreed to $269/unit at 25 MOQ. Direct from iPollo remains the best option.
Group-buy2: In discussion...
== Original idea: ==
I've pondered an idea recently. Setting up home-suitable miners securing the Grin network (
grin.mw) on best-found cheap electricity (<0.15-0.20 CHF/kwH in Switzerland).
Then, small hosting locations which would have 10's of machines at minimum, and eventually a main hosting center where electricity is cheapest (under 10 cents). By this stage, larger more efficient miners could be purchased.
Now some quick numbers (note I like to use 'calm' estimations / 10 months may already be a 'long' term for this network in terms of price/miningpower/organic coin-being-used growth).
Dividends paid weekly, in grin/btc/fiat?, as per the ratio of mining-power-share:income. So 1 token representing 1 miner or 1 unit of power (for example: 1 token =
1 Gps edit: 1 miner), and if it brought in +350/4.33weeks (350 grin rough revenue monthly for a G1 mini from iPollo pool mining as per my evidence) = +80 grin/week = at current price that's $5 or 28'000 sats roughly (350 sats/grin). So then, consider a cost of <$300 (after bulk discounts) per miner, landed and running in Switzerland.
Let's say the supplier agrees at $260/unit. At current price that's 0.0145
BTC equivalent. Or 4'000 grin equivalent. That means each miner would earn the equivalent in 50 weeks (ceteris paribus, again, if total network mining power remains stable through a year, which I doubt, 8-10kGps right now coming from big removals of power since a few months/2 years). The machine is 'paid for' in approx. 1 year (there is a part of this venture which is hinged on grin's appreciation or success in general too).
Some coin info (which is 3 years old) as of OP time:
Algorithm: cuckAToo32
GRIN network hashrate: 8.5089 KH/s
GRIN difficulty: 199.1559M
GRIN block reward: 60.00 (every minute)
GRIN 24h volume: 856,123.33 USD
Price for 1 GRIN: 0.0629 USD