Topic: [Group Buy] 1 Metabank Bitfury with hosting in the US - ADMIN CAN REMOVE THREAD! - page 5. (Read 7957 times)

Do not send any BTC as of yet. I am re-writing the offering without Escrow by JohnK and finding another way to guarantee the safety of the group purchasers as it is Sunday and I believe time is of the essence if we are to be able to order one of the first batch of the Bitfury miners.

New offering posted.

True! If he sent any BTC i would have returned them.

Please watch out, dont just pay your BTC to any adress another user provides!

Edit: removed address. wanted to see what happens

I am interested in this. What is the address I should pay the 3btc to?

SHARES REMAINING 0/10 @ 11.33 AM CENTRAL TIME, MONDAY 6/3/2013

This group buy is intended to let less Bitcoin fortunate forum members take part in the opportunity to purchase cheap hash-rate through the recently launched Metabank Bitfury. The bitfury (https://bitcointalksearch.org/topic/bitcentury-metabank-120gh-65nm-asic-pre-order-proxy-07wgh-32btc-per-unit-223656) is available with US shipping through this thread: https://bitcointalksearch.org/topic/bitcentury-metabank-120gh-65nm-asic-pre-order-proxy-07wgh-32btc-per-unit-223656 (from several reputable forum members located in Moscow, offering purchase and shipping to the US).

I have structured the purchase so that members wanting to get access to the exceptionally cheap hash rate/GH that the bitfury offers can take secure has rate from one of the machines without spending the full BTC30 for a purchase.

Offering:

- 10 shares of BTC3 are available.
- Each share entitles the owner to 1/12th of the BTC proceeds from a Bitfury mining 24/7 for 24 months, payment will be made to the address of the share-holder weekly, bi-weekly or monthly (I am flexible here)
- The 2 outstanding shares will be owned by OP as payment for power/maintenance of the miner and peripheral hardware needed (UPS, possible router etc).
- After 24 months the miner will be considered 'spent' and become the property of OP (this is for reason of simplicity mostly, since I believe BTC difficulty in 2 years will essentially render the miner a warm paper weight). IF hash rate increases VERY quickly and I feel that the share holders can make more money selling the ASIC before the 24 months are up I reserve the right to take a vote among share holders (majority rules) on doing so.

IN CASE OF NON DELIVERY: I take no responsibility for the possibility that Metabank does not deliver the miner. I 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.

If I have forgotten anything or you require more info etc. Please feel free to ask/post in this thread. I will only be doing this ONE group buy as I do not wish to run multiple miners as chances are I would not have time to look after them properly.

EDIT: In the interest of time I have removed the Escrow part of this group purchase and will be making the purchase directly through my own address. I have done many deals in the past without negative feedback and BTC30 certainly not a sum I think anyone would assume that I would trade a scammer tag for.


If you are interested in buying one or more shares here is what you need to do:

1. Send payment to the following address:   19eHNL7pJmRwqPGQSXukxAAivEJdiWNyNw
2. Send me a PM stating your sending address and BTC amount sent. One share = BTC3
3. Post your share purchase here to make it easier for visitors to see when a share is claimed. I will also update this post with remaining shares every 20 minutes or so.

After payment has been received for all 10 shares I will do the following:

1. Contact Bitcentury (https://bitcointalksearch.org/topic/bitcentury-metabank-120gh-65nm-asic-pre-order-proxy-07wgh-32btc-per-unit-223656) and make payment for the miner.
2. Contact all share buyers with confirmation of purchase, a copy of receipt/confirmation from BitCentury for the purchase and a screenshot of the transaction.
3. I will also supply buyers with my physical address and a possibly slightly redacted scan of my passport if requested. I will ask share holders to keep this information confidential.

EDIT: IF all shares are sold but the Bitfury miner sells out before we have time to place a first batch order I will refund any share holders their bitcoin - 5% for transaction fees and oranization of the group buy. I hope this seems like a fair solution should this happen.

Edit; I am going to bed. Any orders placed in the next 8 hours will be confirmed at approx 9 am Central time. Please post in thread when ordering so that possible new orders do not pay for shares that are not available. If this still happens I will refund BTC to sending addresses within 24 hours.

Edit; I have 1 share that I am 'holding' for a buyer for up to 2 more hours. If this share is not payed for I will re-open the sale. I am also negotiating with Bitcentury reg. the price of the Miner. They stated BTC30 last night but have since raised the price to BTC2 no doubt due to the drop in BTC price. I have confidence we can still order the miner at the original BTC30 and should they not honor the original price I will personally cover the BTC2 additional and take a vote among share holders on how to solve this. No need to worry though, I can assure you I am easy to work with and want to see this miner delivered on schedule and start mining.

I will post a new update in roughly 2 hours, at which time I also hope to be able to send final verification of everyone's shares and order the miner.


Edit; I have decided to pick up the last share of the auction for myself at this point to be able to place the order asap. I am now only waiting for email verification of the price of the miner and I will place the order.


Edit; Order has been placed! More info coming shortly via PM.

Edit; Ok, I have gotten email confirmation on our order from BitCentury. They will send out contracts 'in a few hours' and I will distribute copies + other 'proof' of our ownership. Heading to late lunch!

Edit;

Here is the full list of Share holders and transactions. From now on, if you wish to change your payout address for BTC mined or anything else I will require requests as signed messages using your verified address. This is for your protection:

Shares and sending addresses:

https://bitcointalksearch.org/user/jmferbs-114343      Share 1:          15y8u5pRU2QagwjkPnHb7yu9WmLS7efXgW  3BTC - Verified
(http://blockchain.info/tx/af73ca3d1d00e55dad375361dd0f70a45f4a475536a9994b4f7874cc6254c82b)

https://bitcointalksearch.org/user/canth-120991      Share 2-3:       17G1TyGSf8FFZWoSQtGtffECPyqDxfbdih 6BTC - Verified
(http://blockchain.info/tx/5efab8ed608ea461a21a72c893c0de35a6f5d1651690ac4b476209ef58f3f822)

https://bitcointalksearch.org/user/oaxaca-88638        Share 4:        1JZVLM6dwDHhwZr4DnFMTudZPMeMP9EZCv 3BTC -
(http://blockchain.info/tx/cb5b1f072866b3479c3e593d3e64433af2ce2d53d12bf3162878d65204f508d0)

https://bitcointalksearch.org/user/fauzi-121677      Share 5:         1EmQYzLgrpXiMWqsBZKe9d8RFr2bKJyaMM 3BTC - Verified
(http://blockchain.info/tx/000ec5acf2ea0c59473c7f4df96c75ff2259b60567f205ac0117b363ae206bf1)

https://bitcointalksearch.org/user/zalfrin-19627        Share 6-7:        15xGnu9mqDuU6JXv5zfcDTTnKdLD8sdmvZ and 1mJ4uQy6ZTpgeChENuR1zqkNnLG7LCWL4 - 6 BTC Verified
(http://blockchain.info/tx/5b99795f82cae0e325599711cbfa0481c3cb7d1d41ae0c8c7bf56377982d4904)

https://bitcointalksearch.org/user/philipma1957-64507        Share 8:           1AyWHY6kCMi4F221J7aPheiYdAvkDbcdPp  - 3 BTC Verified
(http://blockchain.info/tx/b3d06ae32ca1584fa8bdb6920100530b21906dc318dfdf9d39eab74166cbd703)

https://bitcointalksearch.org/user/adamlm-35822        Share 9:           1Gqy5JeUU9RWCnnYXeCjCaEuFts9wKyQem - 3 BTC Verified
(http://blockchain.info/tx/83a384e95e7e92cd1632a991cfb8a20a8754a8344f1134dd4b0f50185c458b04)


Shares 10, 11, and 12 are owned by OP (TheSwede75)