Topic: My First Topic: Looking at Group Buys (Read 366 times)

I have been reading the forums here for a while, enjoyed learning as I went along, and kept coming back here to check out more threads!  I could have joined earlier and got involved more... better late than never though!

Seems I am not the only one interested in the group buys, having looked at the mining dashboard at TGB, I am aware that USB BE's will most likely have a very hard time reaching ROI, and that the GB's for upcoming devices from KNCMiner and Cointerra could offer some protection against the huge jumps in difficulty over the next year.

I shall keep posting and be active until I can join a GB or start my own (I am aware of the trust issues, and will follow the guidelines of these forums with caution once I am member.) I have looked at several GB's to get an idea for how they are being done, and noticed that there sometimes is a significant surplus raised or that the math doesnt seem to add up (I guess this is partly due to BTC fluctuation, and manufacturer price drops.)

I hope to find a trustable, open, GB to join, or create one and show the full working for the Share pricing and relevant Hashing power it represents.

Big ideas for a newbie I know, but I see alot of closed GB's already, which is probably good news and I will try to emulate their success and strong points and improve if possible.

If I do create a group buy, or help with the admin for one, I aim to use that experience in further bitcoin projects, and may look to have a start-up as there are additional ideas I have in respect to the bitcoin market.

Thanks, PM me if this post interesting, and also if I have made some glaring mistake