Topic: [Lee group host miner]110$/kw/month - page 6. (Read 17888 times)

Down for  about 5 hours …  Hopeful it comes back up soon.

 it comes for about .003 btc an hour or 5 x .003 = .015 btc so far

thanks for a fast reply

 I sent you a pm with my email

the data center will down for 2-4 hour for the maintenance,the summer is about to coming and we need check the electricity system to make sure everything is fine, will complete within 2-4 hour,

I was notified by btcguild that my miner has been down for more then 1 hour .  please correct this.

my miner has been down for more then one hour.

paypal is open but need 4 day to get the money out, so you need to wait for four days before i can get your miner online or ship it out

He can't use Paypal at the moment because the instant there is an influx of funds, Paypal sits on their ass and holds your funds until they figure out 'why'. As a seller in China, it could take forever.

I have used Paypal, and BTC both directly and with escrow with pcfli for 6 miners with no issues at all. But for him as a seller it sucks because the jerks over at Paypal essentially freeze your funds, which hinders a sellers ability to order more miners.

Since pcfli is legit, and Paypal is not, it could be a while before he takes Paypal as an option again, unfortunately.

Even selling miners on eBay with perfect feedback, Paypal takes 3% for taking 2 weeks for me to see my money. And thats only after eBay takes 10% off the gross final value.

As a friendly reminder to everyone: Please pay your hosting fees as requested so that pcfli can continue to hook us up with machines that go online in hours, not days, weeks, months, never, etc.

Is the paypal option back up? Don't want to use any of the other methods.

If anyone is interested in buying some of these
I'm selling my two for a bit cheaper than the listed price

Check out my thread here

https://bitcointalksearch.org/topic/2-x-1ths-hosted-dragon-miners-580853

Still all good .

mining at 989gh

  stays between 975 and 1030

This allowed me to sell 4 antminer s-1s at a small profit.
 I also have more hash power around 780 gh  for the four ant miner s-1's at 1620 watts vs 1000 gh for this  at 225 a month hosting fees.  

1620 watts summer rate is 210 usd a month.  so for 225 a month hosting fee  which comes to 15 more a month. (not counting ac /cooling for in house at least 50 bucks)

 I get  200-220gh extra.

If you can get power at 10 cents a k watt and 0 in power to cool your gear.  I assume the summer approaches  for you

 you should buy from this seller not host with him.

If it was OCT 1st . I would have purchased this. As my power drops from 18 cents to 14 cents in the cold months and no cooling needed for the item.

yeah the risk for me for about 60 days is the price of btc no more no less.   I have been doing this game for around 2 and a half years.
The  keys are no delivery risk + slow delivery risk + doa gear risk  must be avoided.

BTC price is the only risk you want to take. 

So why not buy and hold coins?

I do buy and hold coins.  In the USA buying and holding coins is passive investment subject to different tax laws. then mining. This deal would be mining and would be active income  i.e. a small business. Different taxes etc.

I want a mix of btc setups for my tax purposes not all buy and hold withbtc.

So I have hosting here.
I will have hosting again with bobsag3
I have coins held.
I have mining in house. both script and btc
I have a very little bit of cloud at cex.io and scrypt.cc .
I do a little bit of ebay sales.


Each of the above are handled a bit different tax wise so I can legally move more to what works best for me tax wise. fast if need be .  by fast a day or so.

If you are looking at btc vs. btc, it might not.  If you compare fiat to fiat and can handle the risk of failure to pay "insurance", then this makes sense.  Besides, using a credit card through paypal keeps you covered.  My card covers transactions up to a year (man paypal hates that!)

do you really think this make sense financially - I did the math - it does not look like a good investment to me.
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i donot know whether you notice that i provide an insurance in this project, and i will paste here again, i have faith on btc, and as i said in 2014, the earlier you buy 1T miner, the more profit you got, as you can see the price for one host miner is  the same as a sales promotion on 4 Apr and get online on 9 Apr,  and now they have mined for 12 days

 Insurance for the host miner
To ensure the people who buy host miner in my place will not lost money, we provide the following insurance
All of the host miner will have an option to resell after four month host and the price is calculated based on the following equation:
　　　　　　　　　　　　　　　　R= I+H*4-M*E
R:   Re-sell price
I：  Initial price of host miner
H:   Host fee:225$
M:   Mined btc during the four month,
E:   Exchange ratio of btc/usd from btc-e

Here is an example for understanding:
A buyer who have bought one host miner at the price of 2900$(I), the miner switched to his/her pool on Apr 18, and host in my place for four months, and mined 6.035 btc during these time. And the real-time exchange ratio of btc/usd in btc-e on 18 Aug is 410$ . Then this buyer will have an option to re-sell the miner to us at the price of
R= I+H*4-M*E=2900+225*4-6.035*410=3800-2475=1325$

do you really think this make sense financially - I did the math - it does not look like a good investment to me.

welcome, i have 5 unit at hand and can switch to your pool within 10 min after receiving your payment, because my paypal account is currently limited because of risky review, btc and western union is preferred,

may get a couple of these,

Electric is crazy expensive in the UK so makes sense to get hosting.

usually 100-200$ based on how many unit in one batch and what is your country

If i want you to ship the miner to me after the 4 months, what will be the shipping charge?

I have 1 unit that was delivered by pcfli about a month ago and 5 more hosted units since then. Here are my stats on Discus Fish (translated by Google):



Have been happy with the results thus far. BTC Guild has been having many orphan blocks lately which they stopped paying for recently, hence why I switched.