Update:The deadline has been reached. If nothing is said to prevent this during the next week the GB is
OFF.
Update:Due to unforeseen circunstances our escrow cannot comply:
escrow.msA new escrow will be nominated when the group clears.
Update:For group viability this group has a deadline limit of 31-Dec-2013. If until then the group hasn't enough members it'll be OFF and every member will be refunded 100% (escrow fees still apply). Reserves are counted for this matter.
Update:As of now we have an official escrow service for this group buy:
escrow.msFee is 1%.
Update:As of now I've opened an address for the group:
15eosdFfD6NcHuxcSh5KoS2wa3FGfSohykALWAYS PM me if you wanna join/transfer, POSTing is also advised!
This is a
free choice "democratic" group buy!
Meaning?
The machine purchased will be chosen by the group!(and so will other decisions!)
Format:Each member donates *ANY* amount of
BTC (
min 0.01 BTC) to the group (a specific address will be created), up to 15 members.
After the total sum of donations has been reached that value is used to buy the best possible Mining Machine.
For pre-statistics purpose
I'll accept reserves with the intended donation in front like so:
member_a (reserve) - 1BTCMembers are paid in direct proportion of the donation (donated/total funded), weekly.
ALL transactions are made TO/FROM the same address.
When the group is fully formed (15/15 with max 3 reserves) we will decide the gear to buy.
Update:If a lot of small donations occur this change takes place:
- I'll allow for more members to join in increases of 10 or until a minimum total fund is reached
- I'll allow smaller donations to fulfill the gaps
Also be aware that a minimum total fund is implicit to buy a profitable machine.
Maintenance, Hosting and Tech:Ordering is done by
me. an escrowGear is hosted by me.
Maintenance and assembly is assured by me.
Power is paid by me.
EDIT:
note: I have a degree in electronics. I'll provide fitable hosting for the equipment.
Warranty, refunds, fees:The warranty is the one that the gear might have.
Refunds are allowed if: (
Updated)
-- 1st week at 100% refund
-- the group disbands totally (over 75% at least) in the factor of 99% refund
-- the group disbands partially (more than 3 members) in the factor of 80% refund
-- single member drop out before End of year in the factor of 50% refund
-- member drop out before ordering the gear (in 2014) in factor of 25%
-- any drop outs after the order aren't refunded
My share of the group is fixed at 10% or 1
BTC whichever is
SMALLER.
If power consumption is high (depends on the machine) the power bill is paid by the earnings before payout.
I'm not liable for any problems with the order, but I'm
fully responsable for all the gear
AFTER it has arrived.
At every step I'll provide proof of transactions, ordering, hosting, etc...
Note: you can check every transaction of the the group's address on the blockchain.
Escrow fees are 1% (maximum), paid by the member so if you use escrow 1
BTC only 0.99
BTC will count towards purchase of equipment and donation value.
Dates:Starting is on January 2014, February at most (might depend on the machine).
Mining will endure for 12 to 20 months depending on the profitability.
After 20 months it will still work for the group IF and ONLY IF it's profitability is avg. to high.
Payment:Any one can pay in
BTC (recommended for transparency)
Also accept:(PM me)
- SEPA transfers
- OKPAY
- EgoPay
- Payza
In this case I'll trade the currency to
BTC and transfer to the group's address, this value will be your donation value (after fees of trading/transfer) as stated in block chain. (will provide proof always)
Refunds are subject to whatever middle-fees might apply.
ESCROW AVAILABLE: (to be appointed)(see Escrows)Trust and verification:Using an escrow mediation of your choice I'll gladly send any documents for verification since I'm new (here).
My personal phone number, I'll answer texts +351 914315091, live in Portugal!
Full name: José Duarte de Sotto-Mayor Roumier Ribeirinho
Id Card Nr.: 12477849
Fiscal Nr. (NIF): 254414915
ESCROW AVAILABLE:(see Escrows)RESERVES START AS REPLY TO THIS POST AS OF NOW, PM ME IF YOU WANNA JOIN NOWTOTAL SUM in reserve: 3.01
BTC