Topic: [OPEN] R20x: LTC/ALT Ultra Power Rig GB! $212 = 144-160 KH/s + DZ MC Exclusives - page 4. (Read 11181 times)

Thomas

By using the cal that you provided

160KH/s earn 0.06 LTC per day or 1.7 LTC per month.

With current exchange rate 1.7 LTC ~ to $50

Is that right?

Thanks

found some info  I may buy a share to get into the litecoin game. I never set up  any of my btc gpu rigs to do lite coin.  I still have a gpu rig

The current LTC difficulty is 2,694
I believe this is the networks hashrate 91,832.2 MH/s

Exchange rate
http://litecoinexchangerate.org/

earnings calculator
http://www.litecoinminingcalculator.com/

Is there any good site for Litecoin Calculation?

Thanks

I see Jan 15th as a date.
I have a suggestion could you or anyone supply some ltc links for forum members.
A ltc difficulty link.
A ltc mining link.  Showing ltc price in  BTC USD  EUR.

In a sense to buy this it would help  if some could know what 212 kh hash earns in a day.

For instance most people  may not know that LTC hash rate for a video card is in khs not mhs.

I will try to post a few links.


https://www.litecoinpool.org/calc 

200 kH/s earns  about .071 ltc a day


http://bitcoinwisdom.com/litecoin/difficulty     growth rate varies

The bottom-line for this investment is a hope that ltc price raises and difficulty does not go nuts.

When is this scheduled to go live?  I read through the post it and didn't really see a date. 

I'm in for one share.
txid: 086d739e14ceb740775fb219f3c83fcc9f201e4ad8299a148b0cd87b60316fe4

Another great gb, congrats. I just bought the hood of a lambo!

Round 20x Payment Details
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R20x Orders should be placed here: http://www.dzminercoop.com/?p=1197


Payment: Payments are only in BTC-equivalent at this time. We may take LTC soon, and may implement that in our Version 2.0 site.

If you're buying 5 or more R20x GB shares, wire transfer, or check payment is available to Miner Hosting LLC. Please send a PM to bobsag3 or send an email to his minersource.net address.

For US Customers: for a 3%  fee for USD conversion to BTC, we recommend: https://cashintocoins.com/index.php?code=dzcoop a FinCen compliant MSB who can get BTC sent to the wallet address you want in as little as 15 minutes to an hour.

For Intl. Customers: We are still exploring suggestions for inexpensive BTC conversion but I can recommend www.bitstamp.net at this time as that's the exchange rate used by our payment processor.

PayPal and CC payments are not available.

If there's any concerns about registering your payment, please open a support ticket  on our site. There's two methods to resolve this:

A. Send a support ticket on our website www.dzminercoop.com

OR

B: PM to DZ on this site

Subject: DZ HF GB R20, Order#
Details: Please include Tx ID, your wallet address for payout, and any concerns you may have about your transaction(s)

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DZ - Need escrowed Group Buy shares? For a 2% extra fee you get 3rd party fund holding, dispute resolution, and $500 insurance per transaction at BTCrow. [DISCLAIMER: I, DyslexicZombei, am an approved Escrow Affiliate at BTCrow.] Please PM Carbon Copy thomas_s please prior to escrow payment.


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NEW! 10/18 UPDATE from Thomas:

"Bobsag3 will be accepting wire transfers (for 5+ R20x shares).

CC payments are currently suspended; we're working on something more long term. Fortunately, Thomas S. works in finance.

Thomas_s will be accepting TD bank and CitiBank (USA) checks (any quantity of shares). At this time no other banks checks are being accepted.

*These payment options are only available for Rounds that don't need BTC conversions.

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Refunds: Refunds are discouraged because of the chaos caused in Group Buys, but if necessary, you will be refunded before the miner ships, at a 1.5% restock fee. After the miner ships, no refunds are available.


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NEW (10/21) Share Ownership Transfer Fee: There is now a 0.75% Ownership transfer fee if you're buying someone else's DZ MC co-op shares. We put a ton of time, money, and BTC to offer the GB community many of the world's best at-cost and below-cost deals. Refunds and share transfers cause chaos and extra work for us.

This 0.75% share transfer fee *MUST* by paid by the new owner before we will transfer share ownership.

By sending payment, you agree to these Refund and Transfer terms before purchase.

{Posting here, as there's increasing interest in LTC GBs and there is no equivalent LTC GB forum available}

You asked for a Litecoin Group Buy or mining contracts...so we responded with a Litecoin Group Buy!

These are Group Buys to own fractional ownership of DZ MC Ultra Power Rigs capable of 3.6 to 4 MH/s in Scrypt hashrate. Each sub-round in R20 will Feature four (4) ATI Radeon R9 R290x GPUs with 4 GB of GDDR5 per GPU. These are the Lamborghinis of the Scrypt mining world.

This LTC GB is meant for those looking to diversify from BTC Buy/Hold, and BTC GBs into Litecoin GBs. Litecoin is now widely seen as the "Silver" to Bitcoin's "Gold"-like standard, and has had massive appreciation in value recently. The network difficulty growth is also much lower in Scrypt mining.

12/11 Clarification:

** We will be doing multipool, even multi-coin mining. I listed this as an LTC GB but we will definitely be mining some of the better known ALT coins when it makes sense, as we're big fans of triangular arbitrage. Payouts will be in LTC (please leave your LTC wallet address for payouts in order comments or send a follow up support ticket) **







25 shares are available in each rig. Each share gives you 1/25th of the rig's hashrate (minus low cost professional hosting/management fees).

If this GB sells out, we simply open up another sub-round called R20B. We can repeat this as needed, as R20x doesn't face the same hardware shortages that are often found in the ASIC Bitcoin miner world, since GPUs and PCs are essentially commodities at this time, as opposed to the prototypes we all get sent (AKA as ASIC miners). Inventory is essentially Unlimited for R20x, so there's no worries about running out of GB shares.


** Each user is limited to only 6 shares per rig/sub-round (6 shares in R20A, 6 shares in R20B, etc., etc.) so that other people get a chance to own a part of the rig, and so that too much ownership/votes don't reside in any one person's hands. Purchases of 6 or more shares will be automatically split amongst multiple GPU rigs/sub-rounds. **

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Site Link: http://www.dzminercoop.com/?p=1197

1 share = $212 = 144-160 KH/s for 6 months (unless there's a push from owners to sell the equipment earlier) + access to ultra low cost miner hosting at $300 per rig per month (and a 0.5% Management Fee). We will sell the unit or decide to continue running it before the 6 month mark.

This share price includes assembly/testing/troubleshooting & access to monthly low fixed costs for business insured hosting/management fees in a professional ASIC/GPU Miner Colocation Facility built just for LTC/BTC miners in conjunction with Miner Hosting LLC run by bobsag3.

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[Per the rest of our other forum GBs, any resales at the 5-7 month mark will have the proceeds split by proportion to one's ownership of that Round's rig minus a 1.5% co-op transaction fee for handling this sale]

Share price includes funds to purchase an entire DZ MC LTC Ultra Power Rig, the assembly and testing, and UPS with battery backup. Hashrate will be split in 25 portions or GB shares.

Comparison: with shipping, an R9 R270x video card alone, capable of 450KH/s costs $220-260, before you factor in the rest of the system (case/PSU/RAM/CPU/accessories/assembly/testing/power/cooling) needed to set up and run a power hungry and noisy Litecoin/Alt-coin rig for months at a time.

Hosting and Management fees: $300 per rig per month + a 0.5% management fee, which works out to $12-13 per month per share (~$6 per share per bi-monthly payout on the 7th and 22nd (we alternates payouts with BTC rigs, which are paid on the 1st and 15th)).


DZ MC Exclusives include multiple Server class UPS units and battery banks, multiple gas generators, dedicated extra Air Conditioning plus access to 5 world class IT experts!

Note: For those wondering - R9 R280x GPUs are in too short supply at this time for us to have confidence that we'll be able to get these models in the volume we need, at the time of ordering. If R280x supplies appear to have greater supplies in January/February, then we may consider revamping future R20x- based GBs.

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Individual purchases will be batch processed a few times a week. Please don't be alarmed if your order shows as Processing for a few days. We're still only 2 guys batch processing orders at this time and we're not at the point that we can hire someone yet just for order processing. Mahalo!

Please open a support ticket if you have concerns that your order didn't go thru after 48-72 hours. Also, please check our FAQ to see if your question has already been answered before sending a support ticket or forum PM. Cheers.

P.S.: Pictures included are representative, and may not represent the actual hardware used due to supply constraints. We may actually go to open case aluminum cases if we can secure enough stock.

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DZ Miners Cooperative Roles for this R20 GB:

DZ - Co-op Founder / overall coordinator of the Co-Operative, background role for R20. Founder/CTO of a newly formed Cryptocurrency focused Intl. Corp. called Cypher Trust LLC. Overseeing payouts and Primary admin for Co-op miners, IT Network Engineer, DoD IT Contractor. Primary GBC for R20x. Questions about BTC payments and questions for R20 may be sent to me (please open a support ticket on our site).

thomas_s - Primary GBC for Rounds 5-19. COO of our new company, Set up Online Auto Reservations for the co-op! Thank you! Send  thomas_s. Business Degree, works in Finance.

bobsag3: Vetted Co-op member. World's lowest hosting fees for vetted miner hosting at a professional colocation hosting facility in Missouri!  Official Black Arrow US Reseller and US Distributor for Drillbit Systems. New Pres. of our Mining Operations arm of our LLC. Opening a 2nd and possibly a 3rd Miner Hosting Facility due to overwhelming demand!

-Redacted-: Veteran remote admin. DZ MC Co-op Leader.  DoD IT Consultant.

jungle_dave: Vetted Co-op member and Former Electrical Engineer / Network Engineer. Backup Admin for co-op miners, software support.


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...And Introducing to the GB Forum: Auto Reservations!

Thank you to vetted GBC thomas_s who has worked hard to put up a site to automate reservations so that there's no confusion and no double orders! It'll also make auto-export to spreadsheets much, much simpler for GBs, going forward.

www.dzminercoop.com

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Please contact to me for questions and payments or to manually confirm your reservations, but please open a support ticket after 48-72 hours if you have questions about a particular R20 order. If you have questions about Round 20 unit hosting please contact bobsag3.

Since this is a 3.6 - 4 MH/s rig, at 25 shares per rig, that works out to 144-160 KH/s per share for R20x. Unit will be hosted at bobsag3 at the world's lowest hosting/management fees, for a limited time. This should be assembled and built by January 15 (estimated). Incremental and monitored Overclocking will be implemented as we'll be keeping things nice and chilly.

Your share price includes acquisition of an estimated 20 minutes of UPS/Battery Backup + Gas Generator backup, included in the discounted share price to keep BTC flowing during: short outages (blackouts), voltage sags (brownouts), and voltage spikes, as well as to provide power filtering. The special purpose Gas Generators our co-op buying power allows us are meant for providing power during longer outages.


Site Link: http://www.dzminercoop.com/?p=1197

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If you have questions as to how this whole darn at-cost, Democratic Miners Cooperative that's also a mesh network works, please send me a PM or state your concerns publicly as there's nothing to hide in this co-op.  

Only hurtful or trolling posts will be deleted as we welcome all valued opinions, insights, concerns, and improvement ideas to improve our at-cost (or even below cost) cooperative of about 120 400+ members (so far).


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Image Credit:   Original Image  



                                       _.====.._
                                    ,:._             ~-_
                                        `\              ~- _
                                           |   _    __.       `.
                                         ,/   /  \    /           ~ - _
                   ..__..-..__...-      /__/  /__                `_ ~~--..__...----... DZ's Miner Cooperative, Round 20x ..."The little Co-op that could"...


*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.  


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