Topic: [**OPEN**]R2B:HashFast + Host, Dbl. HashRate Upgrade, $43, 10-13GH/s MPP - page 26. (Read 35751 times)

1/6/14

Just to update you guys: we're seeking a refund on this. We've been working on this for a few days actually.

They *still* haven't sent a tracking number for R2 which is the 64th paid miner rig IIRC, and the earlier of our two co-op HashFast Baby Jet orders.

- When its finally sent out by HF: Refunds for R2 will be in USD as R2 was paid by the original buyer we bought it from HF via a USD wire transfer.

- For R2B: we're fighting for a full BTC refund, as I believe we paid BTC for that, since it came later for this Batch 1 upgrade. I can't go into details too much, but I am fighting tooth and nail to get y'all this BTC full refund if its at all possible.

==

[Dec. 2013 info and earlier below]

**OPEN** CLOSED

Actually, we're only **OPEN**, if you're an original DZ MC R1 share owner that's arrived to claim his or her share of the $45 HashFast Baby Jet Batch 1 upgrade promo to double your hashrate at only 25% more. Please send me a PM if this is the case, Mahalo!

Sorry, unless you fit the description above, this particular DZ MC fundraising round is all "pau" ("finished", in Hawaiian).

10 upgrade shares left out of 40 0 left.

New! Here's the payment details for the Upgrade: $43 per share. This pays for Express Delivery Early AM to Missouri and doubles our hashrate well before MPP could kick in at 3 to 3.5 months.

Here's the wallet address that's just for R2 Baby Jet upgrade funds: 17a29H9BhUnaPZgZSdFifPndGxxWQXayuH

Then please PM me the following:

Subject - DZ HF R2 Upg., 1 share, (BTC equivalent of) $43
Message Body - Tx ID or Tx ID link

Conditions of Sales of: You *MUST* surrender your upgrade share if the original R2 share owner comes up for funds for *their* upgrade share(s) before upgrade parts ship for the HF Baby Jet.
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TL;DR: 1 share = 10-12.5 GH/s for Order 616, a Day 1 shipment as the 64th miner Paid for. We'll likely vote to double hashrate at 25% extra cost.

We were going to buy a Bitmine Miner but we were approached with a buyout offer from a forum member for an at-cost buyout tomorrow and we unanimously changed our votes. Odds are likely we will likely majority vote for the Batch 1 Promotional Upgrade for double the hashrate well before MPP could kick in, for only 25% more (est. $42-43 per share). HashFast miners include the industry's best MPP in this GBC's opinion.

Buyout wallet: 17a29H9BhUnaPZgZSdFifPndGxxWQXayuH

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Image Credit:  Original Image  

                                      _.====.._
                                    ,:._             ~-_
                                        `\              ~- _
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                                         ,/   /  \    /           ~ - _
                      ..__..-..__..-''   /__/  /__                `_ ~~--..__...----... DZ's Miner Cooperative, Round 2 ..."The little Co-op that could"...





This Co-operative is operated by a John K. vetted Network Engineer based in Hawaii, 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 backup remote administrator is jungle_dave who is a former Electrical Engineer and Network Engineer. Mining Equipment will be operated by vetted IT pros or a vetted IT college student, with backup host sites available. Payouts are every 2 weeks minus a 2.75% Hosting/Management fee, the lowest around. Once sales begin, Refunds 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. All suggestions are welcome to help improve our Co-operative.

• Approx. value of GBEC / GBC ASIC pre-order sales or pre-sales of shares on this forum by DZ in last 5 weeks: $12.2K
• Approx. value of DZ ebay ASIC sales (including 4 HF Baby Jet shares listed on ebay/BTC Talk GB forum & purchased on ebay worth $620) since Aug.1 : $3.3K
• Approx. value of ASIC related hardware or services currently listed items on ebay by DZ: $30.5K, selling as a trusted intermediary

• Several new GBCs and Bitcoin Miner Hosts vetted for free, and several scams pointed out on two BTC related forums.

-Data current as of 9/21/2013


(PLEASE SEE PAGE 14 FOR LATEST UPDATES/VOTING)

Sept 20: Payment due date is being pushed back to 8PM HST on Wednesday!

Sorry for the earlier rush! Please see Page 14 as for the reasons why. No worries, this buyout of Order 616 is still secure, just a small complication from the more expensive share price unexpectedly effecting finances of co-op members.

===

Sept. 19, PM, Update 4: HashFast FTW!  

I used my 2 share votes for HashFast to push them over the top for a 21 share vote majority win!

Payments are due by Saturday night, Wednesday Night, 8PM Hawaii Standard Time or shares are forfeited and fair game for backup share holders such as myself & the 4th R1 DZ GB Co-op member.    

Please contact bobsag3 if you need to arrange a PayPal for BTC for a GB transaction or see the payment section below for details. Just value $151.50 at whatever X amount of BTC that is at the time you do your purchase & transaction.

At the moment, Coindesk is showing 1 BTC = $123.39 but we can value this at Coinbase rates if that makes more sense for BTC buyers.


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Sept. 19, PM, Update3: Details of proposed buyout if HashFast option gets two more votes.

7 more votes for HashFast! 2 more votes needed for automatic HashFast win. Voting ends at 8PM HST, approximately 2.25 Hours from this update.


==

Sept. 19, Update 2: HashFast 12 votes, Cointerra 1.

9 more votes needed for automatic HashFast Batch 1 majority win. Please vote!

Shares will likely be at at-cost price of $151.50 each share (with BTCrow escrow protection) for this paid HashFast Baby Jet Aug. 9 order (FWIW: R1 DZ GB owners paid $155 per at-cost share (with John K. Escrow) last month for an Aug. 18 order)

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

September 19: A buddy has contacted me with an at-cost offer for a HashFast Baby Jet ordered on August 9! It's order 616 & is already paid. I am NOT your financial advisor. However: This is likely the very best opportunity to meet ROI on ANY Group Buy on the forum currently up for offer. Sale would be set up through BTCrow Escrow at cost (1%).


FWIW: It's 400-500 GH/s likely to be worth up to 800-2000 GH/s depending on which HashFast MPP option is triggered by net. difficulty growth.

Current voting: 11 votes for KnC, 1 for Cointerra but...Please feel free to change your votes if you'd like. These voting results were prior to our new HashFast completed pre-order option for Order 616, paid on August 9: https://hashfast.com/order-chain/

Poll voting has also been reset with this new offer brought to you thanks to contacts I've made among buyers/sellers, and GBCs/Miner Hosts. Mahalo!


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

September 18 Update: Voting has opened and Bitmine Rig is in the lead with 9 share votes. Cointerra has 1 share vote. 10 votes cast out of 40.

There appear to be 13 votes outstanding, if one doesn't count the shares I'm voting for. I'm all about giving freedom a chance but if we don't receive enough votes by Thursday, September 19, 5PM HST to resolve this, I'm going to vote with the 17 votes under my advisement or direct control so we can close out this R2 GB & secure our place in a Q somewhere.

=====

2 more votes were ceded to me by an anonymous gentlemen for 17 votes out of 40.

September 17, PM Update4: Well, that didn't take long. An anon. gentleman has claimed another share! Thanks and mahalo for the 2nd vote of confidence.

Round 2 is CLOSED again, please PM me if you're interested in backup share(s) or if you'd like to be notified of a potential Round 3 in a few weeks or a couple of months.


===

Sept. 17, PM Update3: bobsag3 is making his share available. Ergo:

1 share left.

Remember: 80% of success in anything is simply showing up.  

Also: 3 shares paid for (up to ~$126 a share for all 3).

These shares were sent voluntarily and are represented by someone that has given both bobsag3 and myself very strong anonymous endorsements for our services.

======

Sept. 17, PM Update2: Wow, that was quick! It only took 3 days to get all shares reserved. Thanks everyone!

I"ll continue to work hard and provide transparency in providing you services and payouts. I'll work on the numbers and spreadsheet code soon. But in Hawaii, we say we're: ALL PAU!

A Round 2 co-op member has claimed an additional 4 shares!


ROUND 2 is now CLOSED, pending payments after voting. Mahalo!!!


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September 17, PM Update: 1 more share reserved! I'm reserving one share for a friend I made online recently. This share may be returned to the pool or I may hold it depending on what this person decides.

4 shares available out of 40!

We're at the 90% filled mark in only about 3 days. Amazing! Thank you everyone! Public spreadsheet updates to follow shortly.

==========

September 17, Update: 11 more shares reserved via 2 new members! Mahalo and Welcome aboard!

5 shares left...


I'll update the spreadsheet-style code shortly, as things are moving too quickly for me to keep up with all the changes, at the moment. I will note that *thirteen* votes have had their control ceded to me so I will have the largest voting bloc with 15 total votes out of 40. However, I vote last in all major decisions (with tiebreaker vote) and make no public opinions on my preference on whatever vote takes place.

September 17, AM Update2: 4 more shares reserved via PM! Gracias and Welcome aboard!


16 shares remaining. Snooze ya lose.    

Don't forget to vote! Voting and payments are now open (we still need to finalize share price/mfg. via majority vote shortly).

September 17, AM Update: 3 more shares reserved by another new co-op member! Mahalo and Welcome aboard!

20 shares now available!

Voting can now begin for Bitmine (est. late Dec. shipping) vs. Cointerra (est. January shipping). Voting is weighted by the number of shares that you own/reserve. EDIT: 2 new voting options added via PM suggestions by 1 co-op member and 1 prospective co-op member.


September 16, late PM Update: 5 more shares reserved by a new co-op member! Thanks and Welcome aboard! The new share owner also has the influential and largest vote in major votes since I vote last and hold a tiebreaker vote in all co-op matters.

3 more shares needed to be reserved for actual sales to begin, and reservations will move from "soft" reservations to pending reservations.

23 shares available!


September 16, PM Update: 1 more share reserved by an anonymous gentleman! Thank you and welcome aboard!

8 more shares needed before payments begin
28 shares available out of 40.

September 16 update: 3 more shares reserved. Thank you and welcome aboard! 29 shares available! 9 mores shares needed to be reserved before we go to actual sales.

September 15 update: 1 month after Round 1 opened up, here's Round 2! 4 more shares soft reserved! Welcome back gentlemen. These shares are reserved by 2 members already in the co-op. I guess I'm doing something right if I'm getting repeat business.  

32 shares available!

These shares are priced *at cost* in USD. There is absolutely NO MARKUP to Group Buy shares for this Round 2 miner.

Since pricing for the products are in USD, the Group Buy Shares can be priced in USD to protect buyers from being ripped off by BTC appreciating rapidly or the GBC from losing out if the value of BTC crashes during the GB.

When the sale is made, the price will be converted to the proper USD/BTC ratio for whatever hardware we decide on between these 2 mfgs. IMHO: You can't beat these share prices unless you're willing to pay people to join your Group Buy.      

We need 12 more shares held in soft reservations before we go to actual sales either direct or via BTCrow at a small additional fee for those that want escrow. Pricing will be lower if we decide on a 1TH/s Cointerra II in January at a lower cost with twice the out of box hashrate of an upgradeable Bitmine 500GH/s Coincraft rig at the penalty of approx. one month of time.

Share price would be $100 for Cointerra vs. $125 for Bitmine, depending on what the group decides. We can vote on the share price and target machine once 20 shares are reserved. Please see the latest posts on page 11 for more details.



[/list]
Short links about your GBC:

Why you should trust me: https://bitcointalksearch.org/topic/m.2956448

My online/offline endorsements: https://bitcointalksearch.org/topic/m.2997877

Me, as user KauaiDKer, trying to give away a good paying job in paradise at a National Lab in the middle of a recession: http://forum.surfermag.com/forum/showflat.php?Cat=0&Number=1373159

Terms and rules of this second Group Buy will follow the details of the first Group Buy's details below where applicable such as refund terms but will use BTCrow for optional escrow at an 1.5% additional fee instead of John K. Escrow like we did in Round 1 as a mandatory fee..

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Payments can begin now but we need to finalize share price and manufacturer. Reservations are held for 48 hours for Round 2, starting after we finalize share price/manufacturer. There's two payment options:

Non-Escrowed: direct payment to my wallet address: 17a29H9BhUnaPZgZSdFifPndGxxWQXayuH

Escrowed: 1.5% additional fee. BTC held by BTCrow until manual release by buyer via refund or to finish a completed pre-arranged pre-order.

As usual, refunds are available up until unit ships at a 1.5% restock fee. Refunds are understandable in emergencies but are discouraged because of the chaos caused within a GB (the GBC has to float your shares and either keep the shares or try to find a new buyer).

** Please contact bobsag3 if you're interested in PayPal payments for your shares. If necessary, he's willing to "float" your shares & pay in BTC while your PayPal funds clear payment on his end knowing that a chargeback attempt by the buyer doesn't make sense since the hardware is not arriving to the refunding buyer's house anytime soon. **

Follow up with a PM sent to me with the following details:

Subject: DZ BM/CT GB, 2 shares, your username
Details: Transmission ID on Blockchain, preferred wallet address for miner payouts

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Hosting details for Round 2, copied from post later in thread -

Some benefits of (this) Group Buy with optional Escrow Protection at a small additional fee (so a 3rd party holds funds and does post-sales dispute resolution):

- Access to the very best values (wholesale and/or volume discounts) in ASIC pre-order hardware not usually available to regular miners like us. This is about the only way people can keep up with the rising difficulty if you're just an average person that's not rich.

- Shares available *at cost*, as if you were buying it yourself; no markups whatsoever to your share of ownership of the miner(s).

- Lowest professional hosting prices anywhere, one can search the entire internet and there's no better hosting prices then in this Group Buy and/or through bobsag3's professional service.

- Equipment run in world class hosting site(s) with backup sites available thanks to my mesh network of miner hosts by bobsag3, BeepBeep2, and possibly kaz911 if being voted to be hosted in Europe or the Middle East and with kaz's permission.

- Remote administration by me: a Pro Network Engineer at a Research Lab, and a 2nd former Pro EE/Network Engineer: jungle_dave

- Local administration by one or more IT professional experts: bobsag3, most likely in this case.

- Introductory rate for first contract with World's best miner hosting fees. No hosting prices are lower than this, bar none.

- Business insurance upon delivery and during outbound shipments of hardware.

- 24/7 security with 12 motion triggered IP cameras sent to send live video feeds to bobsag3 if he wins the hosting vote

- My brother is a Police Lt. in the same state as bobsag3, so I should be able to cut through a lot of red tape and get quick help from Law  Enforcement (in state), if necessary. He also kinda sorta knows what the heck a Bitcoin is because I explained it to him (and BFL operating near him) during his last Hawaii vacation.

- We intend to sell this equipment on ebay at about the 6-7 month mark where my wife & I have a 162 perfect rating built up over 10 years as a buyer/seller on ebay. 90%+ of the projected one year returns should have been made by this 6-7 month mark, if you check The Genesis Block Mining Calculator. Most of the returns will have been returned from running the equipment over one year (because of rising difficulty) but we should still be able to recover some of the original purchase costs which will be split up among co-op members after ebay fees.


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[9/14 PM UPDATE: The projected target miner is a Bitmine Coincraft rig using 28nm chips: https://bitmine.ch/?product=coincraft-rig

unless someone has a better value/delivery in this price range. With taxes, shipping, UPS/battery purchases, at current share prices for this unit, I actually have to chip in some $/BTC for the UPS unit/Battery backup. The only way you're getting lower prices for a GB of this size/performance/delivery window is if the GB Coordinator is willing to *pay* you to join his or her Group Buy (which I'm already going to be doing since I'm paying extra UPS/Battery costs over and above $5K for this GB).

Another share reserved via PM by an anonymous gentleman! Thank you and welcome aboard!

36 shares available!

Another advantage of this platform...It's expandable! So it won't be immediately obsolete & we can add on modules as needed so it doesn't fall behind compared to its brethren. You'll need to contact bobsag3 if you want to do any PayPal payments in conjunction with this 2nd Group Buy.

===

[9/14 UPDATE: Since what I call: "The little miner co-op that could" has built up an amazing level of redundancy in ultra affordable hosting sites, experienced IT personnel and admins, as well as spare equipment I'm opening up soft reserves for a 2nd miner to be hosted by the DZ Miner's Cooperative AKA "The little miner co-op that could". It would be a shame to not take better advantage of the mesh network of people and hosting sites we've set up in the course of our first Group Buy together.

I'm currently accepting *soft* reserves on 40 shares towards a 2nd miner of an undetermined manufacturer to be hosted with bobsag3 or with BeepBeep2. Please PM me your reservations or post your reservations in the thread below. If 20 shares are reserved, it will be run as the same rules as the first GB except with BTCrow as optional escrow. Other then that: it will run as the same rules as the first GB I ran: ultra lowest costs (lowest available) at the ultra lowest hosting/management prices (2.75%), the lowest hosting prices available anywhere, bar none, using vetted miner hosts.




37 out of 40 shares available!

These are soft reservations with no payment expected at this time. Est. price range of miner is expected to be about $5K split among 40 shares, so: TL;DR: 1 share equals $125 a share at the moment.

** If you're unfamiliar with our co-op, we vote on all major important decisions and we aim to sell the equipment around the 6-7 month mark of operation to lock in some ROI on equipment re-sales. The will of the co-op was so overwhelming in both votes that I didn't even vote in either of the major votes we've had so far. **

[END GROUP BUY 2 SECTION; GROUP BUY 1 DETAILS BELOW]

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Edit: [ Info below From Round 1 GB; Round 1 is CLOSED ]

]8/24 UPDATE: The last 2 shares have been claimed by an anonymous gentleman, and are awaiting payment. Thank you for the vote of confidence and welcome aboard! I'm claiming the *other* last two shares (from a 4 share refund) for myself, because I realized having a couple more HashFast shares isn't necessarily the worst thing in the world.

To update: My share of this miner is now 10 shares out of 40, or 25%. A Group Buyer has stepped forward for the last 2 shares.[/color]

8/21 UPDATE: I have 2 shares available. This miner is already ordered (Order #991). Please PM me if you'd like to own these 2 shares payable via BTC.


8/18/13 UPDATE: PAID and shipping to colo facility[/color]:

http://i286.photobucket.com/albums/ll87/SurfSkateKauai/HashFastBJInvoice-8-18-2013.png

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

From Aug. Group Buy (2nd miner will have updated pricing & possibly a different mfg.)

PLEASE READ. I AM OFFERING THE VERY BEST PRE-ORDER + HOSTING DEAL ANYWHERE, BAR NONE. If you see a better one please tell me so I can join you and save myself the headache.

TL; DR: 1.55BTC for 10GH/s (aiming for overclock at 12.5 GH/s) + 2.75% Hosting/Management Fees at a Server colocation facility. Dual protection of John K. as escrow/order organizer and HashFast's Miner Protection Program. Besides being the absolute lowest price available, this is likely the most secure pre-order and guaranteed miner payout deal around.


- 40 26 shares available. 0 shares available!


The gentleman who "accidentally" sent a payment for what I thought was the "last" share now gets an extra share for 4 total in this GB!

As we say in Hawaii: "We're all pau! (done)" 1KWAtXU2tNEUGpB7ksi4fEumJeXqZDCfdA

8/17 UPDATE: Still awaiting closure but our order is in and will be taken care of manually when the folks involved are ready. A copy of the invoice of our order will be also be put up just as soon as I receive it:

http://s286.photobucket.com/user/SurfSkateKauai/media/HashFastCase235.png.html?sort=3&o=0

https://blockchain.info/address/1KWAtXU2tNEUGpB7ksi4fEumJeXqZDCfdA

WE"RE ALL PAU, FOLKS! Congratulations all around! Virtual pats on the back...

- 9.4% CHEAPER purchase costs than closest competition! I challenge you to find a better pre-order + hosting deal.  
- 8.4% CHEAPER hosting than closest competition!
- My secret is I don't care about making a profit on hosting/management fees for your shares since I'll have some of my own shares invested alongside with you! [my share: 6 shares initially, up to 12]  
- ESCROWED and arranged by John K. All funds (except miner payouts) to be handled by John K.
- My ~$500 ASICminer shares with associated weekly dividends have already been transferred to John K. for 2-3 months as miner payout collateral
- EDIT: 1 BTC is being valued at $100 USD for this transaction. Since BTC is volatile, if 1 BTC is worth $120 or more (Blockchain value) at time of purchase, I refund you the difference! [Tip o' the hat to trout]
- ADDENDUM: This BTC currency volatility protection does not apply for ebay/PayPal shares.