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Topic: Mining on $5K (Read 3125 times)

sr. member
Activity: 364
Merit: 250
December 21, 2013, 03:03:00 AM
#27
Thanks for the kind words about the team, gents!

We're just a bunch of nerds and miners like you guys. We try our best to treat our co-op members like we would our own meatspace friends and families.

Is there a way to buy shares in your company?

Sorry, we only offer Group Buy shares in Industrial Class rigs at the moment. We happen to have 3 GBs open right now, including Bitmain and Black Arrow (an exclusive deal, one of several that we've engineered). We even completed what we believe to be the world's first Bitcoin for Oil & Gas deal which ended recently - but will re-open shortly at a different Texas location.

In the past: I have pushed for offering some sort of public BTC shares in our larger offerings among company founders but I'm the one that seems to be the most bullish about that. I think an offering of something like this based in Germany at a place such as Cryptostocks could be beneficial (which wasn't even my idea originally), but to be honest we're in the fortunate position of not lacking for start-up or operational funds at the moment .

- Now that our legal counsel is fully in place with our retainer paid, and now that we've officially filed for our Umbrella company: We now have BTC arbitrage services available via a pro contract for access to the proven expertise and services of a veteran forex trader who has taken quite a liking to the world of Bitcoin.

It's OT but semi-related. Also: this is another way to diversify in the high risk world of Crypto investing and mining. If you were serious, you can contact us about our BTC arbitrage services called Arbit Rage at:

[email protected]

for further questions about this new service we're launching. I absolutely cannot give you investing advice but you're welcome to ask questions directed to this email above with regards to our new BTC arbitrage services contracts. Cheers!
hero member
Activity: 518
Merit: 500
December 20, 2013, 10:19:15 PM
#26
Thanks for the kind words about the team, gents!

We're just a bunch of nerds and miners like you guys. We try our best to treat our co-op members like we would our own meatspace friends and families.

Is there a way to buy shares in your company?
sr. member
Activity: 364
Merit: 250
December 20, 2013, 12:40:55 PM
#25
Thanks for the kind words about the team, gents!

We're just a bunch of nerds and miners like you guys. We try our best to treat our co-op members like we would our own meatspace friends and families.
sr. member
Activity: 434
Merit: 250
December 20, 2013, 07:16:31 AM
#24
I can vouch for the DZ Coop. Solid bunch of people, I'll probably be reinvesting more in them at some point (got 10 shares in R17 and 5 in R9-12).
hero member
Activity: 518
Merit: 500
December 20, 2013, 03:22:20 AM
#23
Apologies for the mis-read. So a mining company actually has something in stock for immediate delivery? wonders never cease Smiley
No worries.  It's still a high risk purchase, but everything bitcoin related is high risk these days. 

Bitmain's AntMiner came out of nowhere, and they're selling them in groupguys as they come off the manufacturing line, over in the groupbuy forum.  The forum member sushi has been managing these group buys, and it sounds like roughly 300-400 units have already shipped, with a new groupbuy being set up each week as the previous one ships.  It's a little rough around the edges, but we have an asic manufacturer that's shipping now, with no pre-order fiasco.  That counts for a lot in my book, even with the sharp corners.

A manufacturer has finally learnt people are sick of pre-orders .... had to happen eventually Smiley
full member
Activity: 168
Merit: 100
December 20, 2013, 02:10:21 AM
#22
Apologies for the mis-read. So a mining company actually has something in stock for immediate delivery? wonders never cease Smiley
No worries.  It's still a high risk purchase, but everything bitcoin related is high risk these days. 

Bitmain's AntMiner came out of nowhere, and they're selling them in groupguys as they come off the manufacturing line, over in the groupbuy forum.  The forum member sushi has been managing these group buys, and it sounds like roughly 300-400 units have already shipped, with a new groupbuy being set up each week as the previous one ships.  It's a little rough around the edges, but we have an asic manufacturer that's shipping now, with no pre-order fiasco.  That counts for a lot in my book, even with the sharp corners.
hero member
Activity: 518
Merit: 500
December 20, 2013, 01:12:52 AM
#21
Personally, I'd buy an antminer or two, receive them in a week, make back your money, and save those coins to buy the more advanced stuff in feb.

https://bitcointalksearch.org/topic/sold-out-group-buy-3-in-stock-bitmain-antminer-s1-180ghs-ships-on-12201221-374199

no guarentees, obviously, but they're shipping now, hashing now, and priced in BTC not fiat, so the recent drop in BTC/USD works in your favor.

Make your money back in two weeks? Doing what?
Uhm, mining at 180GHs after nearly immediate delivery?  I never said 2 weeks, but your point is made...  it's still cutting it pretty close to the difficulty change curve.  

The interesting part for me was how the price was in BTC, not Fiat, so there was potential to pick up 180GHs for $2k USD instead of the $4.5k it was a couple weeks ago.  The way I saw it, this product was the current lowest risk with the highest potential return if you were going to buy this week.  Other option being to speculate BTC until the device you really want comes out in a couple months.  My personal favorite is the Black Arrow products.

Apologies for the mis-read. So a mining company actually has something in stock for immediate delivery? wonders never cease Smiley
full member
Activity: 168
Merit: 100
December 20, 2013, 12:22:57 AM
#20
Personally, I'd buy an antminer or two, receive them in a week, make back your money, and save those coins to buy the more advanced stuff in feb.

https://bitcointalksearch.org/topic/sold-out-group-buy-3-in-stock-bitmain-antminer-s1-180ghs-ships-on-12201221-374199

no guarentees, obviously, but they're shipping now, hashing now, and priced in BTC not fiat, so the recent drop in BTC/USD works in your favor.

Make your money back in two weeks? Doing what?
Uhm, mining at 180GHs after nearly immediate delivery?  I never said 2 weeks, but your point is made...  it's still cutting it pretty close to the difficulty change curve.  

The interesting part for me was how the price was in BTC, not Fiat, so there was potential to pick up 180GHs for $2k USD instead of the $4.5k it was a couple weeks ago.  The way I saw it, this product was the current lowest risk with the highest potential return if you were going to buy this week.  Other option being to speculate BTC until the device you really want comes out in a couple months.  My personal favorite is the Black Arrow products.
hero member
Activity: 518
Merit: 500
December 19, 2013, 09:37:54 PM
#19
Personally, I'd buy an antminer or two, receive them in a week, make back your money, and save those coins to buy the more advanced stuff in feb.

https://bitcointalksearch.org/topic/sold-out-group-buy-3-in-stock-bitmain-antminer-s1-180ghs-ships-on-12201221-374199

no guarentees, obviously, but they're shipping now, hashing now, and priced in BTC not fiat, so the recent drop in BTC/USD works in your favor.

Make your money back in two weeks? Doing what?
sr. member
Activity: 336
Merit: 250
December 19, 2013, 08:51:31 PM
#18
Subscribe to KNC newsletter and have the BTC ready to order if they decides to put a new batch of 28nm miners.

I actually hope for KNC to release more Jupiter into the wild. The only problem I see with holding your 5000 for that is, who knows what the price will be.

 I like Dave at MBP with his bitfury gear and I have some of it. Problem is, when he put boards back on the market he doubled the USD price. No one really wants to pay that for them.

So, will KNC do the same? People, including myself have been paying 4.2BTC for antminers and they sell all of them. Thats only 200GH/s overclocked. Are we going to see 9 BTC Jupiters? (5K wont touch that). I hope I am wrong and KNC puts them on the market lower and starts a price war with BITMAINs antminer. Not often the miners get a chance at the benefits of competition.
.

Best Regards,

This is speculation, but it is highly likely that KNC Jup's will only be for previous customers ONLY (sorry new customers!).

I bet you are correct. Because I am a previous customer I forget that. But because I am also a re-seller I may be able to get one for a new customer. Dont know If any of the re-sellers did that during the early Neptune release or not. I dont pimp my re-seller link, so If you want to try it when available send a PM and I will give it to you.

Regards,
legendary
Activity: 804
Merit: 1002
December 19, 2013, 05:43:56 PM
#17
best price per ghs ive seen.  Cex.io  ghs/btc is running at BTC0.06978760 per ghs
That's a joke, right?
member
Activity: 114
Merit: 10
December 19, 2013, 05:43:11 PM
#16
Subscribe to KNC newsletter and have the BTC ready to order if they decides to put a new batch of 28nm miners.

I actually hope for KNC to release more Jupiter into the wild. The only problem I see with holding your 5000 for that is, who knows what the price will be.

 I like Dave at MBP with his bitfury gear and I have some of it. Problem is, when he put boards back on the market he doubled the USD price. No one really wants to pay that for them.

So, will KNC do the same? People, including myself have been paying 4.2BTC for antminers and they sell all of them. Thats only 200GH/s overclocked. Are we going to see 9 BTC Jupiters? (5K wont touch that). I hope I am wrong and KNC puts them on the market lower and starts a price war with BITMAINs antminer. Not often the miners get a chance at the benefits of competition.
.

Best Regards,

This is speculation, but it is highly likely that KNC Jup's will only be for previous customers ONLY (sorry new customers!).
newbie
Activity: 13
Merit: 0
December 19, 2013, 05:37:55 PM
#15
best price per ghs ive seen.  Cex.io  ghs/btc is running at BTC0.06978760 per ghs
legendary
Activity: 3234
Merit: 1220
December 19, 2013, 05:27:51 PM
#14
What about cloud mining,

http://bit-mining.co/bit-mining.co

There rates are really good

You reckon?

25 BTC for 500Ghs?

No electrcity costs

Electricity costs are negligible for 500Gh/s
sr. member
Activity: 378
Merit: 250
December 19, 2013, 05:18:30 PM
#13
What about cloud mining,

http://bit-mining.co/bit-mining.co

There rates are really good

You reckon?

25 BTC for 500Ghs?

No electrcity costs
full member
Activity: 168
Merit: 100
December 19, 2013, 05:13:46 PM
#12
Personally, I'd buy an antminer or two, receive them in a week, make back your money, and save those coins to buy the more advanced stuff in feb.

https://bitcointalksearch.org/topic/sold-out-group-buy-3-in-stock-bitmain-antminer-s1-180ghs-ships-on-12201221-374199

no guarentees, obviously, but they're shipping now, hashing now, and priced in BTC not fiat, so the recent drop in BTC/USD works in your favor.
legendary
Activity: 3234
Merit: 1220
December 19, 2013, 05:05:59 PM
#11
What about cloud mining,

http://bit-mining.co/bit-mining.co

There rates are really good

You reckon?

25 BTC for 500Ghs?
sr. member
Activity: 378
Merit: 250
December 19, 2013, 04:53:53 PM
#10
What about cloud mining,

http://bit-mining.co/bit-mining.co

There rates are really good
sr. member
Activity: 812
Merit: 250
December 19, 2013, 04:47:35 PM
#9
Buy some shares in ASICMINEr

Not feeling all that confident in them anymore. Idk.

Im looking at KNC. Not sure If I can trust Black Arrow yet.
hero member
Activity: 518
Merit: 500
December 15, 2013, 08:28:45 PM
#8
Buy some shares in ASICMINEr
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