Topic: List of all DyslexicZombei's low cost Miners Cooperative Group Buys (Read 13390 times)

We're a creditor. I just received the letter from the US Bankruptcy Court for Chapter 11, so I can confirm.

The deadline to file a Proof of Claim is 10/16/14.

@ BorisAlt - I'm running a hosting business in the Netherlands since 1999, I am the founder of the company. So I know exactly the costs of a 4u machine (like KNC) and what the current costs are. We have colocation in 4 countries across Europe and 1 in Canada.

The price of 1u is starting from 37$ a month, max 60$ a month, depending on location/country/number of units. Price included bandwith (fup), 4 IP numbers per u and current.
I am not promoting my company here, so I do not tell the name. But if you google on the costs of rackspace (mostly 44u) you can see for yourself.

So in my opinion 300$ is expensive.

PM me your order number / details.

I am missing a share I purchased from before the website redesign.

Can we get an update on the site and payouts? I bought one with the intent to buy a contract but I haven't heard back...

Thanks for clarifying Thomas. So often when enterprises are succeful and grow fast, the original intent is lost, and insiders start to take advantage. I'm happy to see this is not the case here.
If there is anything I can do to contribute, always feel free to ask. (I'm a 30 year IT guy, mainly infrastructure architecture and managed services these days)

I'll try to explain the DZMC set up as best I can.

The DZMC has not been incorporated or filed legal papers to become an LLC.

The leaders of the DZMC are just coordinators (who happen to own some shares in some rounds), when you purchase a "share" in a round you are purchasing a percentage of the machine(s) of that round.

The part that might be a bit confusing is Cypher Enterprises LLC, this is a legal entity that happens to be operated by some of the leaders of the coop, no rounds are administered by Cypher Enterprises. I believe people got confused a bit when the Cypher Enterprise council took over the case for the HashFast lawsuit.


As for the chasing profits at this point all rounds have been negative for the coop coordinators (its actually cost us money to run these), the fee's acquired total about $600 USD and the value that the coordinators have put in has been much greater, and this only includes dollar value invested in getting the rounds up and running not to mention the time given.

Hosting fee's are given to our host Miner Hosting LLC, well not given, paid to.

As this topic has to do with all GB's that are run under the DZMC I'd like to reference a post made by another forum member in a different topic about how I might come off as rude sometimes, if you notice my posting habits at certain times they are very short and to the point, a yes/no or a direct response with little explanation/pleasantries. You'll also notice a decent amount of spelling mistakes in some of those as well. These are caused when I'm on my phone and not at a computer, I can't type out a long response on my phone but I still want to communicate and answer the best I can otherwise my PM's blow up and after an hour there is a high likelihood of another post saying how come your not responding.

We openly accept suggestions on how shareholders want the coop to run, most of these were a month or so ago and were "to have payouts every week", the reason we don't do these once per week is because of the volume. (Round 17 may be done on a weekly basis when it starts hashing but it would only be if a large volume of coins are mined (remember R17-1 is 72th/s) as we don't want to keep tens of thousands of dollars in the mining wallets). If you have a suggestion please give it. As for decisions that are made by the GBC's there haven't been many decisions that needed to be made, the only one that someone might say was a decision is our host moving which really wasn't a choice either way they were moving if our gear was going with them it would go with them or it would have to be shipped to another host. The HashFast one many people might know if they viewed the thread / letter a large portion of shares from R1-4 are mine mostly 3/4 with a few in 2/2b and 1b. For the people who want to have the case dropped and receive the machines this is also a problem as HashFast's current specs aren't what was originally advertised they use more power which hosting fee's will go up if they are received to make up for the additional power draw.

For the Jupiters not working I was thinking the same thing others were, that there was a problem with the hosting not the Jupiters, but the first day I went to the hosting facility and tried to get them to turn on and stay hashing then I realized it was the Jupiters not a lack of wanting to fix them.

I'll post this part later on as well but its a tax tip for anyone who needs to pay taxes. (You should still talk to your accountant about it and not just go by what I say)

With BTC their are two ways you can account for it with taxes (not paying taxes isn't being presented as an option and is illegal).
1) You can declare it as normal income - Our spreadsheets are very nice for this, your paid out the BTC twice a month and the current price per BTC at payout is displayed on the spreadsheet a little simple math can be done to calculate your income per payout.

2) Capital Gains - You pay when you sell, not 100% sure on this but last I checked if you hold your BTC for 1 year or more then cash out you don't need to pay a capital gains tax.

Both options have pro's and cons but you should remember only chose one don't go back and forth every year based on what benefits you more that year.

+1 for this. I'm involved with a number of cooperatives. Most prominently a local food and farming coop where we get pretty much all of our food. It's definitely run with a strong consideration for the members, regular meetings, and we have a lot of input in what happens. dzcoop seems to be more like a corporation, with a few people in change, and frequently poor communication from those people to the rest of the members.

Please don't take this the wrong way, I'm a big fan of the coop and have a lot of trust in the people who run it. It's regularly the best BTC investment in terms of mining (which, to be fair isn't a great investment even on favourable terms.)

But I would dearly love for it to be run more like a cooperative than it currently is.

I have a question to the Coop as a whole. I've read in some of your threads that you have now incorporated as an LLC.
Since in Coop's members ARE the shareholders, and i've seen nothing about receiving shares, can you clarify the details of what the legal entity(s)/structure is
involved here?

ie is this really still a non-profit, for the benefit of it's members Coop? Or have you morphed behind the scenes into a private company and are now
chasing profits for directors/shareholders benefits only (Whoever they are!)??

What is your facility, your experience and trust by others? If facility is state of the art, 2+ years of experience supported by a major trust of a few hundred people, then the answer is YES. So, can you?

Hi;

I'm not sure if this is the right place to post this question, but you know better to ask permission..blah blah blah

I'm very interested in joining the Co-op,  because I love both BTC and Zombies.

On the website it says that Round 23 and 24 will start on Wednesday and Thursday (respectively).  It's been saying that for more than a week.

So:

1)  Are these rounds running?
2)  What happens if I buy into a round that's already started?  Does the payout start point-forward, or is it retroactive to the beginning of the round?
3)  Is there a place where I can the stats for rounds that are in progress, and for those that have closed out?
4)  Are these questions noobish and/or irritating?  If so, please be assured that was not my intent.

Thanks in advance.

I read on their website:
 "an approximate $300 per Bitcoin mining machine Hosting/Management fee"
To pay BTC automatically twice a month?
Sorry but can I get a job like that?

was there ever an announcement on why we cant login to the new site with the existing user name and passwords? did i miss it? if we are asked to create a new login how will the old orders be transferred?

thanks

hi! any news on r2? r3? r8?

thank you.

From the looks of it the price actually went up.

it's just r17. dunno about prices. anyone?
r17 was all for the feb and into march batch

anyone?

Hey guys, I notice Black Arrow have just dropped the price on the Prospero X3 (R16 and R17 I believe), Pre-orders on the X3's were protected by a price promise to deliver more kit if they reduce the price before delivery date. How does that affect our shares?

Similarly I also notice that orders placed today are for end of April Delivery, does that mean BA have slipped? or are we still expecting first batch end of Feb?

Hi!

would just like to ask if r21 is online and hashing? it seems the old archive site shows 0 hashrate.

I know every DZ MC operator is very busy, but would be glad if this thing is looked into.

thank you very much.

God bless.

I don't know what the plan is, but I endorse the notion that it is valuable to "watch" the various rounds. I loved to watch mootinator's updates, just for fun (and perhaps for some subliminal reassurance). It's the psychological equivalent of watching the roulette wheel spin, rather than just being told by a form letter that you won or lost that round.

Anyway, for the moment, all that good stuff is still available at the old site.

Can anyone answer this?  Thanks!  (I'm sure I'm just missing something basic - I do believe that DZMC is trustworthy - I just don't know what I don't know...)

no chance of you double checking the hosting figures on these latest rounds?

Done, not sure how that happened bad copy pastaing

Yeah,  I have a lot of respect for what you guys do,  and I agree... I think a lot of the people running GBs are either hosting all they can,  or sick of dealing with whiney group buy members =).  I think there is profit to be made in participating in the DZ hardware buys The Hosting does say that it starts the 31st,  you might want to change it to say that it starts immediately if that is the case! 

The 1th/s can start immediately, well tomorrow (did I accidentally leave it at a different date I thought I changed everything). Its a 1 time fee for 3 months all BTC mined, no hosting costs or management fees.

R23/24 price per ghash is about 11-12 there are costs involved with acquiring hardware also these units are on hand no waiting for shipments, the reason its easier not to say what hardware it is is because when something better comes out we can easily swap it, a gh is a gh. Hosting cost is actually far below (about 75-100 usd per month) any other hosting listed on the forums for equivalent power draw.

Based on the first few rounds we as GBC's have actually lost money, not just as shareholders but actually investing extra money into getting the buy complete.

We've actually noticed a lot less GB's for partial ownership of machines, my guess is that the people who have been running them simply don't want to put more time into new ones, also some that have been running the GBC's disappear for long periods of time sometimes even missing payouts.

To top it off we are also the cheapest, price / gh/s that isn't a private GB (this takes into account hosting costs as well)

Not once has the DZMC missed or been late on a payout, only once was a payout wrong and it was found and corrected within 12 hours.

None of this post is meant to be financial advice, it is your responsibility to do your own due diligence when making an investment.

What's going on with the newer offerings from the coop?  Take for example the 1 Thash/sec 3 month mining contract.   This is currently costing 18.2183 bitcoins.  At 20% growth in per difficulty change,  starting at the next difficulty change (roughly 2,200,000,000) this only makes 13.6 bitcoins. And I think we all expect more than a 20% increase in difficulty per change,  right? breakeven is at around a 15% increase per difficulty change. I've always thought good mining contracts should cover the cost of hardware and go at least until the equipment achieves a 100-120% ROI( minus hosting/power) under reasonable conditions.  Then the hardware owner walks away with the hardware,  and the buyer of the mining contract walks away with the bitcoins.  Here the buyer just walks away with less bitcoins then they started with in three months. One of the ideas behind coops is that everyone puts something in,  and everyone wins... I don't think that is happening here.  

Likewise,  the shares in hardware seem overpriced.  R23/R24 (unknown hardware,  I assume antminers and Avalon 2nd batch) is at about $13 per gigahash, and starts at the end of the week. Maintenance costs also seem high in R23/R24  The current batch of antminers,  which will be delivered on Mondayish,  runs at about $9 to $9.5/Gigahash, depending on the btc exchange rate.  What hardware is this, and why is it so expensive? R24 was started after antminers dropped to 2.2btc,  I think?

I really like the idea behind this coop and I am impressed with what the leaders have done... making mining accessible to folks who don't want to spend a lot of money, with a fair deal between those hosting and those owning the hardware.  But I'm confused as to what is going on here.

Thanks, now I see my old 3 orders: 720, 842, 865.  But when the archived site goes away, how can we monitor our accounts?  Sorry, so far none of mine have started paying, so I'm not sure how all this works.

Top right has a link, that link goes to the archived site, which is www.crypto-ops.com

OK, so that begs the question - how do I get to it?  I've set up a new account as someone in email suggested, and of course it has nothing.

Your info isn't gone its just in a different place.

I did not catch those places, and I'm on here quite a bit.  I would have definitely appreciated a heads-up via the email you have(had?) for me on file with my old account (which is now gone).

The new site is nice and all, but I'm frustrated that my info is gone.

So, I had an account that showed my 3 group-buys prior to the website change and now that information is lost.  How can I see the status of my orders and the corresponding account information.  I'm worried that the info was lost.

The old site link is working ! Stats seem to be updating fine. Thank you.

We've been looking forward to the new site. I think we assumed the transition would be more seamless. For a while it wasn't clear whether the new site was really you guys or not. No big deal - growing pains. Everybody's edgy in a post-butterfly-world.   

The old site was put into another domain the link is on the top of www.dzminercoop.com

We did mention in a few places that a new site would be brought online.

The old site used a wordpress plugin, which should only work on a wordpress site.

Thanks thomas. Round 15 is here https://blockchain.info/address/1LQ4jvG2toLwxwhVv5m7Mwh1pCnbT7hoXt

It appears that auto payout is set to 0.5BTC on BTCguild. We could get a VERY rough estimate on hash rate roughly once a day based on that information. If you could figure out anything close to what used to be available on the old site, tat would be fantastic. Thanks for your efforts.

I was wrong so sorry that wouldnt work. been a long day

rounds 5 and 6

https://blockchain.info/address/19NAwha8LGpRFEBwRgjH5ZMB9YyXeqyY9V


https://blockchain.info/address/13fGQGmb6Xi576ppJTkeXk34yDDRmvxjm4

I can't seem to figure out how to get stats from BTCGuild. I used to mine there and I can login, just to see that all my workers have been down for a long time. I can not add 1LQ4jvG2toLwxwhVv5m7Mwh1pCnbT7hoXt anywhere on the site. Does anybody know what I am missing? I am assuming people who thomas referred to as "others do it" figured that out. Thanks!

could you give us the team dz pin on btcguild, and tell us which worker is which round, then we just stare at it on guild site

Thats just the BTCguild charts page I'm not sure if I can pull the worker itself and post it if someone wants to code a BTC html page where we enter the api and it creates a chart I don't mind putting those pages up. I can screen shot that page every week for each round

I'll post the addresses I have readily available here until I can put them all in their proper places.

9-12: 1CR3h3SLewfcYK4XGySe4bgKwXV2VYqvVV
15/16: 1LQ4jvG2toLwxwhVv5m7Mwh1pCnbT7hoXt
21: 1LhhiAU7HkZeUjhUcgkH1KkocZzSJaUky6
22: 13wSiXQ2t2EsL3k5SSyAB4BVACSHKuASQw

What are the payout addresses for R15 four workers? I checked R15 op posts and the summary of all DZ GBs. I did not see these addresses. If you could summarize them for shareholders that would be great.

Thomas, the picture that you posted above is a perfect example. I CANT reproduce it. You could show the address that you used on btcguild but either by accident or on purpose it was cut off. How "others" could find those addresses is a mystery to me. It does not have to be complicated, but these complications in trying to find information lead to dumb concpiracy theories.

I've told everyone multiple times that the monitoring program doesn't always report correctly.

Do what others do to monitor the earnings watch the payout address.
Also the old site didn't work...there is no way to sell.

Or I can do this....

So, I understand right: One has to register for a new account on the new site? (at the same domain)

Yes, R23 is there but WHERE is ALL older GBs? There was no hashing going on as far as I can tell on ANY of DZMC equipment for 48 hours. I posted in "my" group buy threads and there was NO response.

We JUST got over a painful move in R15, where DZ MC was heavily criticized for not informing shareholders about the move, lack of planning and huge lack of communication in the ultimate loss of 70% of payment for two weeks. I thought we got it resolved now and workers started hashing again. Just as I got my hopes up, we have an update in the web interface that removed ANY and ALL ability to even KNOW if hashing is happening.

The old site was not state of the art by any stretch of imagination, but it WORKED, giving us a way to track worker health. You should not remove a  capability that WORKS before something better is implemented and tested.

ALL people who are dying to enter R23 and other GBs, be warned and demand to know expectations BEFORE you invest your precious money.

I am still hopeful and believe that DZ MC will clean up their act and that's why I keep my shares for now.

Yes, there's a change in style that's a bit unnerving. We're used to being very well-informed about changes as or before they happen. This one is very awkward by the high standards DZMC has set.

The browser tab header text for the new site says "dz miner corp", for example (not coop or co-op).

Dyslexics shouldn't be in a huryr.             

Is R23 still open? Will hashing start already Wednesday (22-Jan-2014)?

I am a bit paranoid about the new website and the possibility of fishing, can bobsag3, thomas_s or DyslexicZombei confirm that: the new website black/orange, with only two products available (r17 and r23)?  

No but the old site will be brought online on another domain so you can check in, eventually being taken offline completely.

Will our old site ID and purchase history be moved to the new site?

Thanks Bobsag3!

R23 on the new dzminercoop site.

Is ANYTHING hashing at this time? Old links are gone. Please post new links to workers.

I think so but when I'm not on a computer I don't reply to pms

 

OK thanks,
Where will you post this information (regarding purchases in the old site)?
so I can follow the appropriate thread.

A few days but they will be located elsewhere you need to create a new login for the new site

Hi,

you have recently updated your site: https://www.dzminercoop.com/

I can no longer log in with my old user name+password
Where will I be able to see my old orders?

Added a Guide to the forum's trust system and a basic FAQ that goes works with all basic GB types: https://bitcointalksearch.org/topic/guide-to-the-forums-trust-system-gb-terminology-typical-details-of-a-gb-379542

Added trust to fellow co-op members en masse (but still a small percentage of our total customers). Thanks for your vote of confidence in the the DZ MC via your GB shares and thank you for your trust ratings towards thomas_s, bobsag3, -Redacted-, and yours truly.

=========================================================================================================================================

[12/19 WARNING: the DZ MC has it's first imitator. A user going by the name "asso" was caught by DZ MC members red handed copying our co-op's R17x - except cutting the price and hashrate in half. WARNING: this user "asso" is *not* associated with the DZ MC nor Black Arrow, and built a poorly made 15 minute copy of our co-op site (he even admitted that's how much time he spent on it).

[Special credit to DZ MC veteran Miramyn who was the first to alert us about this impostor]  

Oh, we're also up to 91.8+ TH/s of nominal hashrate as ordered and PAID. I was reading this thread earlier today: on Oct. 9, we were at about 70 members and 8.2 TH/s of PAID hashrate. I guess success has bred copycats!

====

Image Credit:   Original Image  



                                      _.====.._
                                    ,:._             ~-_
                                        `\              ~- _
                                           |   _    __.       `.
                                         ,/   /  \    /           ~ - _
                   ..__..-..__...-       /__/  /__                `_ ~~--..__...----... DZ's Miner Cooperative, Round 21x ..."The little Co-op that could"...


An At-Cost/Low-Cost Democratic Miner Co-operative with low cost fees for world class, vetted miner hosting/management services:only $275 per month per miner rig for R21x!

~120 400 members: 1 Scientist, 7 admitted IT Pros, 3 Network Engineers, 3 Electrical Engineers, 2 Finance Employee, 6 GB Coordinators, multiple vetted host sites.*

*Note: A listing above does not necessarily indicate that this person runs or contributes to the running of the co-operative, but many of the pros listed have made their services available to the co-operative. Also, there could be more than 7 IT Pros, but some geeks are meek.  Cheesy


========================================================================================================================================

This Co-operative is led by a John K. vetted Network Engineer based in Hawaii, DyslexicZombei or DZ, who gets to design prototype IT hardware and lab/field networks in support of cutting edge research projects, and has been in the line of work of T&E and R&D for nearly 10 years, with 50-60 Hawaii/US Aerospace/IT/R&D/Civ. Engineering Endorsements on LinkedIn. The other remote administrators are jungle_dave who is a former Electrical Engineer and Network Engineer and -Redacted- a UNIX guru and veteran miner. Our local/remote admin is bobsag3, who is also an IT veteran. There are 5 leaders in the DZ MC, with thomas_s and I doing the actual running of the Cooperative.

Mining Equipment will be operated by vetted IT pros or a vetted IT college student, with backup host sites available. Payouts are on the 1st and 15th of the month minus a $150 host fee and a 0.5% management fee, the lowest prices around.

Once sales begin, Refunds are available up until unit ships at 1.5% restock fee. We vote on all buying, shipping, and resale decisions as well as vote on the month to attempt equipment resales after 5-7 months of operations.

Vetted GB Coordinators are encouraged to team up to increase buying power and close out Group Buys quicker. All suggestions are welcome to help improve our Co-operative.

- Approx. total value of GBEC / GBC ASIC/LTC Hardware pre-order sales or pre-sales of shares on this forum by DZ MC since Aug. 15: $650K (before BTC price adjustments)
- Approx. value of DZ ebay ASIC sales (including 10 ebay shares for 3 GBs, worth $1.4K) since Aug.1 : $3.9K

- Several new GBCs and Bitcoin Miner Hosts vetted for free, and several scams pointed out on two BTC related forums.
- Number of FundRaising Rounds completed (many with sub-rounds): 19
- Number of HashFast miners: 2 Baby Jets with paid upgrades, 2 Sierras, 4TH/s+ Total
- Number of KnC miners: 6 Jupiters, 3.6TH/s. 2 Neptunes, 6TH/s.
- Number of Bitmine miners: 2 Rigs, 2 Rounds so far, 3.4 - 5 TH/s
- Number of Black Arrow miners: 80 boards, 3.3 - 4TH /s, 35+ Black Arrow x-3 Prosperos at 2TH/s each
- Total Ordered HashRate: 91.8 TH/s+ Total
- Online Auto reservation system tailored for Group Buys thanks to vetted GBC thomas_s!
- Dual network connections, Server grade UPS units, TWO DZ MC gas generators, and a DZ MC Air Conditioner just for our miners, which will allow us to provide a perfect home to explore Overclocking for DZ MC ASIC miner rigs.
- A VP of his own small oil company in Texas joined us, and is helping us plan and execute future projects. He is now a DZ MC GB Coordinator - working offline deals - and the CEO of the new umbrella Corporation for the DZ MC sub-company and other cryptoventures!



Last order paid: 2nd round of payments for Rounds 17x, Black Arrow Bullet Run (R17x is still available)

As of today:

- we're at 400+ co-op members and customers.
- we passed 55.8+ TH/s of ordered Nominal Hashrate!
- AFAIK: We appear to be the largest public Bitcoin Miners Cooperative in the world.

Thanks everyone!

can someone plz pin this thread? 

yes

Sure- can it wait till I get back from China?

hey I have a question about ltc would you host a machine for me?

I would ship it. It is sitting idol and the wife wants it out of the house. It has a hd7970 card with a really good  aftermarket cooler on it.

(reserved)

I finally got caught up to where I could update this thread. I apologize to everyone for the delay in getting to your PM and I'm sorry if I missed your PM (please resend it if I missed it and one of the other co-op leaders can't answer your question for you).

Holy cow, we're up to nearly 20 TH/s of ordered hashrate. Thank you everyone! This growth has been amazing. We're actually at well over 200 members - with tons of repeat buyers- and have done over $400K in gross sales of our low cost GB shares! Not too bad for a bunch of amateurs doing this in our free time. We've done so well and have attracted new talent and investors that we have now decided to go pro and have also been doing extensive planning for this over the last few weeks.

Please keep an eye out for continuous innovations coming from DZ MC co-op leaders, such as our Robocoin ATM service offering for those that have purchased 1 or more Robocoin ATMs. We have a number of cool projects in the works, and LTC/alt-coin mining is one of them.

==

As for doing an LTC GB: please send your requests for this to Thomas (thomas_s). He may have the bandwidth for this now that we're down to 1 open GB (Round 17 Black Arrow x-3 Prospero). We *may* end up just offering this on our site as mining contracts depending on the amount of interest we receive.

I can also report that the first master LTC/alt-coin GPU rigs for internal testing/mining have already been set up at our primary vetted host facility: bobsag3 at Miner Hosting LLC.

  ltc was doing well the last week or so.  but that is still a gpu driven coin.

 

BTC AND NMC not LTC

Can we mine Litecoin's with these - or only Bitcoins?

Image Credit:   Original Image  



                                       _.====.._
                                    ,:._             ~-_
                                        `\              ~- _
                                           |   _    __.       `.
                                         ,/   /  \    /           ~ - _
                   ..__..-..__...-      /__/  /__                `_ ~~--..__...----... DZ's Miner Cooperative, Round 16 ..."The little Co-op that could"...


An At-Cost Democratic Miner Co-operative with the world's lowest fees
for vetted miner hosting/management services:only $200 per month per miner!

~120 members: 1 Scientist, 7 admitted IT Pros, 3 Network Engineers, 3 Electrical Engineers, 2 Finance Employee, 6 GB Coordinators, multiple vetted host sites.*

*Note: A listing above does not necessarily indicate that this person runs or contributes to the running of the co-operative, but many of the pros listed have made their services available to the co-operative. Also, there could be more than 7 IT Pros, but some geeks are meek.  Cheesy


========================================================================================================================================

This Co-operative is led by a John K. vetted Network Engineer based in Hawaii, DyslexicZombei or DZ, who gets to design prototype IT hardware and lab/field networks in support of cutting edge research projects, and has been in the line of work of T&E and R&D for nearly 10 years, with 50-60 Hawaii/US Aerospace/IT/R&D/Civ. Engineering Endorsements on LinkedIn. The other remote administrators are jungle_dave who is a former Electrical Engineer and Network Engineer and -Redacted- a UNIX guru and veteran miner. Our local/remote admin is bobsag3, who is also an IT veteran. There are 5 leaders in the DZ MC, with thomas_s and I doing the actual running of the Cooperative.

Mining Equipment will be operated by vetted IT pros or a vetted IT college student, with backup host sites available. Payouts are on the 1st and 15th of the month minus a $100 host/management fee, the lowest around.

Once sales begin, Refunds are available up until unit ships at 1.5% restock fee. We vote on all buying, shipping, and resale decisions as well as vote on the month to attempt equipment resales after 5-7 months of operations.

Vetted GB Coordinators are encouraged to team up to increase buying power and close out Group Buys quicker. All suggestions are welcome to help improve our Co-operative.

- Approx. total value of GBEC / GBC ASIC pre-order sales or pre-sales of shares on this forum by DZ MC since Aug. 15: $161K
- Approx. value of DZ ebay ASIC sales (including 10 ebay shares for 3 GBs, worth $1.4K) since Aug.1 : $3.9K

- Several new GBCs and Bitcoin Miner Hosts vetted for free, and several scams pointed out on two BTC related forums.
- Number of FundRaising Rounds completed: 16
- Number of HashFast miners: 2 Baby Jets with paid upgrades, 2 Sierras, 4TH/s+ Total
- Number of KnC miners: 6 Jupiters, 3.3TH/s+
- Number of Bitmine miners: 1 Rig, 2 Rounds so far, 1.4TH/s, up to 2.5TH/s+
- Number of Black Arrow miners: 100 boards, 4.1TH /s
- Total Ordered HashRate: 13.3 TH/s+ Total
- Online Auto reservation system tailored for Group Buys thanks to vetted GBC thomas_s!
- Server grade UPS units, a DZ MC gas generator, and a DZ MC Air Conditioner just for our miners in a custom cooled cabinet built by bobsag3, which will allow us to provide a perfect home to explore Overclocking for DZ MC ASIC miner rigs.
- New! A sixth GB Coordinator has joined the co-op! He's a VP of his own small oil company in Texas and is helping us to cook up a couple of future projects. Welcome Aboard!




Last order paid: Rounds 15, 2 KnC Jupiters, $11K

-Data current as of 11/13/2013

 Please do .  I meant it to be funny.

*********************************************************************************************************************************
To update I added 1 share of r10.

r5 and r6 have been stellar we have had 1 payout and the next one is due on the 1st of nov.


r5 and r6 each get half of these btc addresses


https://blockchain.info/address/13fGQGmb6Xi576ppJTkeXk34yDDRmvxjm4


https://blockchain.info/address/19NAwha8LGpRFEBwRgjH5ZMB9YyXeqyY9V


 They have about 19.2 coins so about 9.6 each and divide by 100 shares 1 share is about .096 btc  since they collect until Nov 1st they will get close to 11.5 coins each  so 1 share would be .115 btc.



 I post this because  buy r10 and r11 are open and should hash on the 1st of nov.   a share is 123 usd or around .65 btc  you get 8.2 to 10.0 gh.


keep an eye out since you do not wait long to hash.


 only cex.io  is instant hash   and they cost  about 1 btc FOR 10 gh or about 189 usd.   that is a lot more to pay for hashing today vs hashing  NOV  1-6 the first week of nov.

I have hash with cex.io  as a hedge my referral link

https://cex.io/r/0/philipma1957/0/


I also sell Asic miner stick on ebay.
I also mine in house with asic miner sticks.
I also have 1250 shares of  addiction knc mining
I also  have BFL  ====== I got fucked
I also have Cloudhashing  ======  I got less fucked then BFL. 


 Frankly I wish I had more invested with DZ's coop  espcially buys r5 and r6. 

 But I was burned by BFL burned by Cloudhashing. 
Had 2 other group buys refunded after delays.   

So when DZ had the offers I only purchased some shares.  So far dz has been the best.

Thank you for the kind words Phillip. And thank you for your contributions/insights into making this co-op better for all of us. I received this message last night and copy/pasted this from the R5 thread:

I just got a msg. from bobsag3. He received boxes and boxes from NY.

The exact quote was "so many boxes..."  

Thank you Philip! For those that don't know: he gave the co-op a really, really good UPS deal.

He sold me $1100+ worth of UPS/Batteries + he threw in an extra $109 worth of extra batteries for only $525. These funds were mostly mine (I had also forgotten to add UPS protection to our at-cost R2 and R2B, but since that was my mistake, I paid for that out of pocket). Some of its also came from remnants of leftover funds from early GBs after R1.

Philip, who is also our backup local miner host for R1 in NY, also took the time to wrap and ship those boxes and boxes for the co-op, so he deserves a big thank you from the rest of the co-op IMO. You're a good man. Cheers!

I own shares in:

 Buy 1 = 1
 Buy 5 = 10
 Buy 6 =  9
 Buy 9 =  6


     My ebay name is philipma1957


http://feedback.ebay.com/ws/eBayISAPI.dll?ViewFeedback2&userid=philipma1957   

I have a 10 year ebay record with 1281 plus and not a single negative feedback .  I ALSO  purchased 22 + btc on this site.  Where the btc was sent up front and I paid later.

https://bitcointalksearch.org/topic/i-will-buy-up-to-8-btc-long-time-ebaypaypal-business-will-pay-mtgox-2-usd-259404
https://bitcointalksearch.org/topic/m.2739117
https://bitcointalk.org/index.php?action=trust;u=64507

 My shares total more then 170gh in hash power  of which more then 100gh is working right now thanks to group buy 5 + 6.

 I supplied a large UPS + EBM to the coop  DZ has my home address and Since I shipped the UPS to the coop I have the location of the mining center in MO.

 Since I am also going to ship to first time user a pair of seasonic 1000 watt PSU's I will know the location of our smaller  mining center in NY.

As far as I can tell this coop is pretty solid. So far the most solid of all my btc spent.

  oh BTC is now over 177 USD at coinbase.

Changing signature, so adding this here:

My old job: http://forum.surfermag.com/forum/showflat.php?Cat=0&Number=1373159
My photo gallery: http://s286.photobucket.com/user/SurfSkateKauai/library/?sort=3&page=1

==

Why you should trust me (besides being John K. Escrow vetted): https://bitcointalksearch.org/topic/m.2956448
My online / offline endorsements: https://bitcointalksearch.org/topic/m.2997877

=========================================================================================================================================


Image Credit:   Original Image  







*Note: A listing above does not necessarily indicate that this person runs or contributes to the running of the co-operative, but many of the pros listed have made their services available to the co-operative.


========================================================================================================================================

http://www.dzminercoop.com/

Thank you to all of our co-op members, customers, and to all of the DZ MC co-op leaders (thomas_s, -Redacted-, and bobsag3)! We've had an amazing level of growth and redundancy added to our co-op while providing some of the best ASIC pre-order deals in the world.

With an estimated 450-500 members on six continents and four island chains, we now appear to be the largest, most active, and most diverse Bitcoin Miners Cooperative in the English speaking world!

Mahalo everyone!



Round 1 and Round 1B - https://bitcointalk.org/index.php?topic=296199.0;all

HashFast Batch 1 BabyJet MPP Included – CLOSED

Upgrade – CLOSED*


News: If you didn't hear, there was a HashFast Baby Jet promo: Round 1B. *You're allotted 1 R1B share for each share you

purchased in Round 1. Because people have been away, busy, or out of BTC, a compromise was reached where someone else may

have bought your share but you are allowed to buy your share back at $45, a $2 markup, as long as you send the buyer (via

me) the BTC for your upgrade share(s) *before* the Promo Upgrade parts ship in late November/early December.

This order is paid and confirmed. Order #991, 419th miner paid. Everything appears to be on track as far as delivery in

early November, but slight delays *are* possible.

==

Round 2 and Round 2B - https://bitcointalksearch.org/topic/m.2936589

EDIT: The first section is actually the very first Round for the DZ MC.

HashFast Batch 1 BabyJet MPP Included – CLOSED

Upgrade – CLOSED

News: This order paid and confirmed. Everything appears to be on track as far as delivery in early November, but slight

delays *are* possible. This was originally a Bitmine GB with a December delivery, but I was approached by a friend with an

offer we couldn't refuse: a Day 1, 64th miner paid, Order 616.

This was a prototype Group Buy where we voted on what miner to buy! Two gents also granted me their votes, to be voted last.

We voted on Bitmine originally, but then I opened up our voting again and the 1 to 2 month earlier delivery with MPP sealed

the deal with a unanimous switch of votes. Also, we raised about $400 worth of BTC for a less fortunate member of the co-op

from Round 1. thomas_s, myself, and an anonymous Group Buyer from Asia donated these funds, which I believe was a forum

first!
 

==

Rounds 3 and 4:

Rounds 3 –  https://bitcointalk.org/index.php?topic=299171.0

HashFast Batch 2 Sierra MPP – CLOSED

News: Not only did Round 3 close, it closed with a fury!

It was an $11.5K at-cost ASIC Industry first Flash Sale GB that only took 12 hours to reach capacity! Vetted Co-GBC Thomas

S. and I teamed up on this one. We had the offer fully organized and listed within an hour of the email blast from HashFast.

We believe this industrial class Rig sellout to be the fastest GB forum sellout in this forum's short history.

Round 4 –  https://bitcointalk.org/index.php?topic=299171.0

HashFast Batch 2 Sierra No MPP – CLOSED

News: **This Flash Sale offer actually ran *96 hours longer* than anywhere else in the world, thanks to our co-op's buying

power and through a phone call to John S., the VP of Marketing at HashFast.** I secured this deal with a ~50% down payment

on about $18K worth of miners for R3/R4.

We were able to get exclusive extended Flash Sale pricing thanks to the power of our co-op, and thanks to what Thomas calls

my "asskissing abilities," if you'll pardon my uncouth language. (We don't take ourselves too seriously around here.)
 

==


Round 5 – https://bitcointalksearch.org/topic/closedr5-knc-jupiter-below-costhost-78bonuses-hashing-1st-payouts-sent-304377

KNC Jupiter – CLOSED

News: Hashing away in Missouri at our world class ASIC specific, professional, insured and vetted miner hosting facility run

by bobsag3, a DZ MC vetted miner host and GB Coordinator. Miner Hosting LLC's facility was designed with my input (as a pro

network engineer who loves redundancy) and we are close partners. 1st payout sent last week.

-Redacted-, a DZ MC Boxed Set owner (he owns shares in every Round), offered us 2 *below cost* Day 1 KnC Jupiters!

==

Round 6 – https://bitcointalksearch.org/topic/closedr6-knc-jupiterbelow-costhost-78-bonuses-hashing-1st-payouts-sent-305886

KNC Jupiter – CLOSED

News: Hashing away in Missouri at our world class ASIC specific, professional, insured and vetted miner hosting facility run

by bobsag3, a DZ MC vetted miner host and GB Coordinator. Miner Hosting LLC's facility was designed with my input (as a pro

network engineer who loves redundancy) and we are close partners. 1st payout sent last week.

The 2nd Day 1 KnC Jupiters offered below-cost by -R-. Thanks -R-!
==

Round 7 – https://bitcointalksearch.org/topic/closedr7-bitmine-rig-1ths-at-costhost-70-10-15ghs-ups-mahalo-308512

BitMine CoinCraft Rig – CLOSED

News: Ordered and PAID. Delivery is expected sometime in December. This company will be using the same Avalon based Gen 1

rigs, for the most part, so that they don't have to re-invent the wheel to deliver this Rig

==

Round 8 – https://bitcointalksearch.org/topic/m.3371292

BitMine CoinCraft Rig – CLOSED

News: Enough BTC on hand for at least 1 upgrade module which will be used in the same R7 Rig. Delivery is expected sometime in December. This company will be using the same Avalon based Gen 1 rigs, for the most part, so that they don't have to re-invent the wheel to deliver this Rig. This Round is at 15% off Round 7 prices, as part of a Bitmine Halloween Sale, which the DZ MC was first to announce to the world.

10/31 update: We ended up buying 75% of our hashrate with only 47 shares bought so those that bought in R8 get extra hashrate at no charge thanks to BTC appreciating, and us passing on the extra purchased hashrate to you!

==

Round 9 – https://bitcointalksearch.org/topic/closed-r9-black-arrow-bullet-run-w-bitfury-chips-40-off-host-ups-bonus-311465

Black Arrow Bitfury Bullet Run (world exclusive) – CLOSED

News: Ordered and PAYMENT PENDING. Shipping is guaranteed by November 1 or your money / BTC back! You still get to keep the

hashrate! Bonuses: 40% off regular price + world's lowest hosting/management fees at 2.75% + UPS protection + Gas Generator

+ extra AC + 1 month Free Hosting thanks go DZ MC leader bobsag3!

==

Round 10 - https://bitcointalksearch.org/topic/closed-r10-black-arrow-bullet-run-w-bitfury-40-off-123-8-10gh-nov-1-313065

Black Arrow Bitfury Bullet Run (world exclusive) –  CLOSED

News: Ordered and PAID. Guaranteed to be shipping by November 1 or your money / BTC back! You still get to keep the

hashrate! Bonuses: 40% off regular price + world's lowest hosting/management fees at 2.75% + UPS protection + Gas Generator

+ extra AC + 1 month Free Hosting thanks go DZ MC leader bobsag3!

==

Round 11 - https://bitcointalksearch.org/topic/closed-r11black-arrow-bullet-run-w-bitfury-40-off-123-8-10gh-nov-1-315952

Black Arrow Bitfury Bullet Run (world exclusive) – CLOSED

News: Ordered and PAID. Guaranteed to be shipping by November 1 or your money / BTC back! You still get to keep the

hashrate! Bonuses: 40% off regular price + world's lowest hosting/management fees at 2.75% + UPS protection + Gas Generator

+ extra AC + 1 month Free Hosting thanks go DZ MC leader bobsag3!

==

Round 12 - https://bitcointalk.org/index.php?topic=321862.0;all

Black Arrow Bitfury Bullet Run (world exclusive) – CLOSED

News: Ordered and PAID. Guaranteed to be shipping by November 1 or your money / BTC back! You still get to keep the

hashrate! Bonuses: 40% off regular price + world's lowest hosting/management fees at 2.75% + UPS protection + Gas Generator

+ extra AC + 1 month Free Hosting thanks go DZ MC leader bobsag3!

==


Round 13: https://bitcointalksearch.org/topic/closedr13x-black-arrow-bullet-run-nov-dz-mc-bonuses-325618

Black Arrow Bullet Run (follow on run) CLOSED

12/1 News: This Round has been refunded. Bullet Runs are cutting edge tech. The replacement boards that came in were insufficient to both replace bad R9-12 boards, *and* provide enough hashrate for R13. We apologize for this, and have refunded R13 buyers and have given them a coupon voucher for future or current DZ MC GBs.

==

Round 14:

https://bitcointalksearch.org/topic/ver-20-r14x-intl-robocoin-gb-atm-launch-in-eu-n-america-feb-14-pms-only-324225
https://bitcointalk.org/index.php?topic=325528.0;all

Robocoin Bitcoin ATMs - CLOSED

This Round was also refunded. However, this refund was due to advice from legal counsel. Sometimes I charge ahead when I should slow down. We refunded the BTC equivalent of about $60K for this one Round alone due to a number of issues regarding murky legality in the US regarding crypto currencies and their possible regulation. Sorry, about this.

However, Round 14 lives on as the forum's first Robocoin ATM service operation as a pro arm of our new Bitcoin umbrella corporation: https://bitcointalksearch.org/topic/open-robocoin-btc-atm-operating-services-available-in-us-and-internationally-330662

You must purchase an entire ATM or set of ATMs for us to offer you this service. This straight service offering instead of a GB method for BTC ATMs satisfies our legal counsel.

==

Round 15: https://bitcointalksearch.org/topic/closedr15x-2-knc-jupiters-110-11ghs-nov-dz-mc-bonuses-330351

Two KnC Jupiters, Batch 2 - CLOSED

12/2 News: The November batch for 2 KnC Jupiters in R15/16 sold out quick! These should be arriving later this week or early next week .

12/10 News: R16 arrived and is now hashing!

==

Round 16: https://bitcointalksearch.org/topic/closedr16x-2-knc-jupiters-125-11ghs-nov-dz-mc-bonuses-332517

Two more KnC Jupiters, Batch 2 -CLOSED

12/10 News: R16 arrived and is now hashing!
==

Round 17: https://bitcointalksearch.org/topic/closedr17x-black-arrow-prospero-x-3-dzmc-exclusive-130-40ghs-335145

Exclusive Black Arrow Group Buy for x-3 Prosperos - CLOSED, Permanently

12/2 News: DZ MC co-leader Thomas posted this one. Customer response has been amazing! Thank goodness we can do (near) unlimited ordering from Black Arrow to meet demand. These Prosperos are scheduled for a February shipment.

==

Round 18: https://bitcointalksearch.org/topic/open-r18x-1-ths-bitmine-rig-70-10-15ghs-jan-14-dz-mc-bonuses-336828

Bitmine Rig, 2 TH/s - CLOSED

News: Our 2nd BM Rig sold out too. This batch 2 Rig is scheduled for a January delivery from Europe.

==

Round 19: https://bitcointalksearch.org/topic/r19x-knc-neptune-2-paid-for-60ghash2250-shares-open-347732

KnC Neptunes: 6 TH/s of powa! CLOSED

News: bobsag3 - owner of Miner Hosting LLC, and my business partner in our new pro arm - couldn't wait for me to post this (was sleeping at the time) so he went ahead and posted his first Rig GB! Like DZ MC GBs tend to do: this one also sold out quickly. I believe this set a forum record for fastest sellout.

Neptunes are scheduled for a Q1/Q2 release. Word is: late March/early April is the expected ship date (but this is no guarantee).

==

Round 20: https://bitcointalksearch.org/topic/open-r20x-ltcalt-ultra-power-rig-gb-212-144-160-khs-dz-mc-exclusives-366815 -

Our first LTC/ALT rig GB! OPEN

News: We made it to page 3 of this thread on the GB forum before we were banished the spammy hinterland that is the alt-currency forum here.  

We have 8 test units w/ 4 GPUs each (32 GPUs total) that are serving as the test beds for this Round. Should be hashing about January 15 at our 2nd miner hosting facility.

==

Round 21 -
Bitmain Antminers (2x per subround, 720GH/s total OPEN


News: This is near term hardware, so the pricing is higher. In fact, as of Dec. 21, we pre-ordered a number of Antminers.

===============================================================================================================

Total Ordered nominal ASIC HashRate, so far: 19.8 94.68 TH/s+
Miners currently hashing: 2 KnC Jupiters, ~80 Bitmine Bitfury boards in Missouri.

Next deliveries: Round 15/16 2 KnC Jupiters Batch #2, Round 7/8 Bitmine Rig, HashFast Rounds 1-4 (hopefully)

Prepping for the future means making sure the robots work for you instead of displacing you.