Topic: SmartHashing.us -> Gridseed Accessories For Sale & Hosting News/Discussion - page 4. (Read 11655 times)

The hash rate is back up but there's been no update. I even emailed CoinHoarder. Anyone else hear from him?
I'd prefer it if we could get more frequent updates on units that we technically own.
Thanks for understanding.

Im checking the coinshift direction and noticing that the hashrate is very low +/- 14500Kh  with a big quantity of rejected , and looking at the charts , there has been some big down spikes. What is happening?

What news about hosting? Would you elaborate? The email on your site doesn't work, when sending the mail pings back. You won't even reply to a PM here.

Hello Gentleman,

We are sorry to say we are shutting down the sales and hosting service for Gridseed ASICs. Unfortunately we are not doing enough business to make this worthwhile. All equipment that is currently hosted will be moved to a new location sometime in the next week. This will unfortunately cause about one or two days worth of down time for all hosted equipment. To make up for this we are extending the free hosting offer for an extra month and furthermore reducing hosting fees to $3 per unit.

We still have some Gridseed accessories for sale in the store and will have sme in stock units until they sell out. Although they aren't in the store yet, we also have dual mining ATX power cables in stock if anyone's interested. Along with Scrypt only ATX power cables, and any other accessory you'd need to run Gridseeds.

Thanks to those of you that supported us by ordering. It is much appreciated, and we apologize we can't continue to provide this service. We will use this thread for hosting news and discussion, along with Gridseed/accessory sales & support. We will likely start back up with different mining equipment at a later date, but for now all ASIC group buys are suspended.

Thanks

Hey,

No we do not. Honestly the last customer order was placed on April 9th... business is slow. The only thing I can promise quick shipping on is our in stock items. Pre-order items may take a while for the batch to fill up and ship.. it is what it is. We actually bought a lot of USBs for in stock equipment (what's in stock now), and then Gridseed dropped the price on us $30+ each a day after we ordered. Due to that, we are not going to be carrying much if any in stock equipment in the future, it is too risky for us...

Furthermore I am currently losing $1000 a month offering a hosting service... not even counting the month free hosting. Right after I renewed my lease on the commercial property, a certain company came out with free hosting for a year and killed my business model. I can't afford to lose anymore than that, I barely made all my bills last month I am not honestly sure I will be able to continue to provide the service in the future past this month. If I can't make my bills, then it is what it is. I don't feel like it's fair for me to pay $1000+ a month to run this business considering the time and effort it takes on my end. In this case, I will move all currently hosted equipment to another location and not offer hosting services anymore on future orders. So, don't worry about that it's something that I need to worry about though.

Tough times indeed, but I am trying to remain positive. I almost shut down the business completely a couple days ago.. I am honestly on the fence of this not being worth my time and/or not being able to afford to run the hosting service. I'm sure a lot of you think I'm making a lot of money or something like that.. but so far I have been lucky to break even (I have lost money through the first 3 weeks of operation.) I don't have any money for advertising or to offer cool promotions like some of my competitors. I think maybe it's time to just shut this thing down for good... but then again I don't like to give up so maybe not. I'm on the fence as I said.

That being said, if a batch fills up fast IE. you would like to purchase 4 blades or 20 USB miners (or more in those increments), then the wait will be significantly reduced and it will be on your door in 3 to 5 days. So far packages have been coming in about 3 or 4 days from China. Furthermore, I can ship directly to you this way so there is no extra wait time like most of the group buy "pre-order" items where I would need to wait for the batch to fill up then have them shipped them to me, then divy them up & ship to everyone that ordered.

Thanks

Hi. Do you have any orders in for blades waiting in the queue? This price is awesome.

Hi Gentleman,

A few things this morning:

- Batch 3 came in yesterday evening, everything should be running and shipped by this evening.
- I will see what I can do about making Easy mode hosting payments more frequently. For now it is what it is.
- DIY mode log in is still not available.. I apologize but there are a couple security issues holding this up and will get it done ASAP.
- Gridseed blade is now available for order
- 28 USB miners in stock

New Prices:
In stock Gridseed 5 Chip ASICs (hosted or not): $134.99
      In stock units will be hosted or shipped within 24 hours or less, or your money back.
Gridseed 5 Chip ASIC with No Accessories Pre-Order*: $104.99
Gridseed 5 Chip ASIC with Hosting Pre-Order*: $114.99
Gridseed Blade Pre-Order*: $1479.99
Gridseed Blade Hosted Pre-Order*: $1579.99

* All pre-order items are bought in traditional group buy-like batches of 20 units each. As soon as enough orders are received for 20 units, the Gridseeds will ship to us in 3 to 5 business days. The Gridseed Blade is bought in batches of 4 each. We plan on having your order shipped or hosted within 24 hours or less after they are received from our supplier. If you decide your order is taking too long you may ask for a refund at anytime, alternatively you will remain in the queue until an order can be placed.

Thanks

No he has it right.  If an item is delivered and the customer disputes, then he can provide proof of shipping, ie a tracking number.  But if he has the unit and the person charges back, then he has no way of proving that he held up his end of the bargain and the customer gets their money back.  Essentially, they could have it hosted for I think 3 months, then do a charge back and get their full amount back, plus whatever they made from the hosted units and he is left with used units that are probably a lot cheaper since its months later, and no money from them.

- Paypal cannot be used for hosted mining services due to risks of charge backs and the non reversible nature of Bitcoin payments. Therefore, Paypal is only accepted for orders that are to be delivered. We will refund the full amount minus Paypal fees immediately after you have ordered if you order hosted equipment.

Didn't you get this mixed up.

Ordered one unit for lazy hosting in batch 3, I'll be observing and maybe invest more soon. Hopefully you'll be able to shift to fortnightly or weekly payout schedule.

Paypal (therefore credit and debit cards as well) has been added as a payment option in our store! We much prefer Bitcoin though due to the lower fees and speed of it. Please seriously consider buying Bitcoins and paying that way before using the Paypal payment option... thanks! The following terms apply for all Paypal payments and are clearly explained at check out:

- Our margins are very small, and using Paypal would actually make us operate at a loss, therefore a 10% fee is imposed for using Paypal to pay. To avoid this please use Bitcoin, as it is our preferred method of payment which has less fees!

- For any pre-order product, your order will suffer additional delays due to the time it takes to transfer the money from Paypal to our bank account and back into Bitcoin. We estimate this to take approximately 7 to 10 business days. Please consider buying Bitcoins and placing your order using Bitcoin, as there will be less of a delay. We recommend using localbitcoins.com to receive Bitcoins usually on the same day as purchasing them.

- Paypal cannot be used for hosted mining services due to risks of charge backs and the non reversible nature of Bitcoin payments. Therefore, Paypal is only accepted for orders that are to be delivered. We will refund the full amount minus Paypal fees immediately after you have ordered if you order hosted equipment.

- Furthermore, to protect ourselves from fraud we will only ship to verified Paypal addresses. Please make sure your shipping address is verified before making an order. We will refund the full amount minus Paypal fees if your address is not verified.

In stock units are sold out, we will have new in stock units available in 3 to 5 days.

Pre-order items are still available.

Thanks

Batch 3 had been ordered and is on its way.  

We will have new cheaper in stock units in 3 to 5 days, and our pre-order prices will remain the same as that's the best we can do on those for now.

Thanks all!

PS: We are offering a special deal to Batch 1 & 2 customers only. If you were a batch 1 & 2 customer, please contact us if you're looking at buying more Gridseeds and we will offer you the best deal possible. We apologize we have been slow on Batch 1 and 2 refunds, but the declining Bitcoin value has hit our Bitcoin-based business pretty hard the past few weeks. We are entirely Crypto based with no FIAT whatsoever other than what we need to order accessories with. We are also looking into other ways to make it up to you guys, so I hope you find this as satisfactory for now. Some ideas we're tossing around is burning in all retail units for 24 hours in the Easy mining mode pool, and extended free hosting for DIY customers. We want our customers and previous customers to get the best deals possible and make sure they are treated well. Thanks for understanding.

Edit: old pricing, see OP

Improvements:
- Batch sizes for pre-order units are reduced to 20 units each, so less wait time is incurred by our group buy customers!
- In stock units will be hosted or shipped within 24 hours or less, or your money back.

In stock units have been reduced to $174.99 hosted or shipped, and there are only 4 units left in stock. If hosted, they will be switched over to your pool ASAP depending on the time of your order, if your order is made in the evenings we will likely be able to switch it over immediately.

Firmware on all hosted units was updated tonight, hopefully this will reduce stales etc. and improve the miners performance. It will take a bit to see if there is any difference. All mining equipment has been relatively stable, so that is good.. most rigs made it more than a week without any problems so that is a good thing!

Log in for DIY hosting will be enabled this weekend. I apologize I haven't been able to do it sooner, but wanted to make sure the network and all computers/pis are secure before allowing it. Furthermore, I haven't wired up the fuses yet.. that will be a task for this weekend as well.

We are looking into securing a better price for the Gridseeds and will make an announcement about it soon with miners being available at new prices as early as next week. I apologize our prices have been changing so much from week to week. Gridseed are pricing their mining equipment according to the current network and profitability, so I expect the prices to keep being reduced in the future as profitability declines. This is nothing new, ASICMINER and ANTMINER have been doing something similar for a long time where they slowly decrease their prices over time according to network variables. I just thought I'd explain it for those of you that aren't familiar with the process.

One last thing.. we are upping the volume of our ATX cable making and will have a lot of in stock ATX cables. We are planning on having a sell to get rid of some of them, because we probably ordered way too many. I think you will like the quality of the cables.. see the pictures posted a few posts up. They have heat shrink'd barrel plugs and connectors, and the cables are sleeved for easier cable management and a nice clean look. I would upgrade all of our cables here at the farm here to these nicer ones if we had the time (some take a long time to make because of the heat shrink and cable sleeves). I really like the way they came out.. the pictures don't do them justice of how good they look!

Thanks as always,

Will

We added a pre-order queue list in the OP to give those who are interested an idea of how long it will take when ordering a pre-order item. There are currently 9 out of 60 units ordered in this batch. Once the batch fills up, it will take 3-5 days for the Gridseeds to be shipped here from China.

Current Pre-Order Queue: 9 out of 60 units have been reserved and paid for.

lol no worries, at least Im on someones mind!   

Oops, you are on my mind this morning Amdd.

Yes I meant Relm9.

Not mine, relm9's isnt it?

Hey! Glad you like it!


I'm not sure at this moment. They are technically Amdd's forums and he needs to manually authenticate people to let them join and post, so if I want to continue using his forums I will need to work something out with him. I haven't thought about it too much, but it is a possibility. For now I was just planning on using these forums.. most of the participants in this group buy already have access to those forums, so maybe it would be good.