Topic: [SOLD OUT] Ninja Group Buy .35BTC=30GH - 30 ANTs + Day 1 Netpune [0/300] - page 6. (Read 19048 times)

Any update on implementing this?

How's Payout 6 looking?

Because of hosting payments for the next month.

@mwninja, on the webpage, could you add the links in the header to the stats of all your other groupbuys. I'm sure quite some ppl own shares in multiple of your groupbuys and now I have to go to my favorites and choose the other GB. But if it's in the header it will make my life easier ;-)

Second thing, could you also add a link to our mining wallet, this way everybody could easily have a look how much currently is beging held in our dividend wallet.

Cheers

Ouch.  Big hit this week   

Dividend - Week #5
Total Earnings: 7.44682813BTC Payout Addr
Total Shares: 300
Hosting fees: 2.04 $4.49x300@$660/BTC
Amount per share:   0.01802
Tx Fee: .0095 Transaction

OK, I'm waiting to see the exact conversion rate MWNinja used to charge for hosting, and then I'll modify the code to reflect/project that cost for the next week's revenue.

I know that Ninja had an extremely busy day yesterday (moving GB#1 equipment to the new cage, etc.) so this will happen when it happens...

FrankToil

No worries!  All pull requests will be considered! ;-)

Thanks for the coding effort FrankToil!

Don't miss Group Buy #5, the thread is hiding in alt-currency land.  https://bitcointalksearch.org/topic/closed-ninja-group-buy-5-qty-8-gridseed-la6m-48mhash-scrypt-0160-453536

Oh and asiabtc has the Gridseed Asic running aroung 500kh/s per usb unit; we're going to have 160 of them

Dividend - Week #4
Total Earnings: 8.2BTC Payout Addr
Total Shares: 300
Hosting fees: 0
Amount per share:   0.0277
Tx Fee: .0035 Transaction
Notes:Despite an increase in difficulty, we earned about as much as the week before.

Just happened a bit ago. Another week of bad luck, you win some you lose some.

Payout expected today?

OK Gang. Presented for your amusement, an IPython notebook I wrote to calculate some quantities of interest to me (weekly earnings, percent of investment returned to date, etc.) from my participation in Group Buys 1, 2, and 3.  I hope it helps you, but you are on your own!

It appears that this forum software does not support attachments to posts. Please find the notebook at https://bitbucket.org/FrankToil/coinscraper/raw/77afbaac648eecc1c394c6c4e4306d455ef8a1b4/CoinScraper.ipynb ...

Documentation (copied verbatim from the notebook):
This IPython notebook accounts for the BTC mining revenue from the MWNinja Group Buys by screen-scraping the website(s) and then performing auxiliary calculations.
THIS CODE IS RELEASED INTO THE PUBLIC DOMAIN.

That means that you are free to use it (or ignore it) in any way you see fit, I bear no responsibility whatsoever for it, and if it breaks, you get to keep the pieces.

It is not exactly user friendly, (in other words, it is a total hack, in the "works for me as a programmer" category) but it does get the job done.

To use it, first you need to make sure that you have a Python environment (tested on 2.7) with IPython http://ipython.org/ to run the notebook in. Place this notebook in its own directory, invoke IPython like so "ipython notebook" and a tab should pop up in your browser saying IPython Dashboard. In that tab should be a single link called "CoinScraper". Click on it, and the notbebook itself will pop up in another tab with this documentation in the first "cell".

To actually run the code, you also need three libraries installed: BeautifulSoup4 http://www.crummy.com/software/BeautifulSoup/ (tested on whatever "pip install" pulled about a week back...); requests http://docs.python-requests.org/en/latest/ (ditto for "pip install"); and numpy http://www.numpy.org/.

You will need to modify several things in the next cell (Use The Source, Luke!) to account for how many shares you bought, what price you paid, which groups you participated in, etc.

Once all of that has been setup properly for your specific situation, you run the next cell to initialize the code, then run the following cells in order to scrape the info from MWNinja's websites. (To run a cell, you type "Shift Return" which is an IPython-ism.) You must make sure that the URLS in the scraping cells match the appropriate group buys.

The last executable cell performs the calculations of interest to me personally. (Those calculations do not account for the cases where some shares were pro-rated, like in GB#1, and GB#2. But for my purposes they are "good enough".) Feel free to modify to suit your own requirements!

The terms in the offering are very clear and concise, and are what is binding ~ we are upfront about this possible worst case. We are looking at options to provide liquidity, such as ownership transfer, buyback, trade-in, paid & free upgrades using our namecoin revenue, and more. Currently owners get preferred pricing on future group buys as an additional benefit.



Great idea and it should't be too hard to implement.

A suggestion for the stats page - show the total amount paid out (i.e. The sum of the weekly distributions) immediately underneath the "Total BTC earned" figure. It would make tracking the current week's earnings much easier.

Could even net off the two and show the result as "Current week:"

Hi, I can understand trying to back to back the terms, and thats not unreasonable, however, it's the open ended bit thats problematic. At the moment it reads that hosting WILL continue indefinately EVEN WHEN the miners don't cover the hosting fees. Having a clause to invoke de-hosting in that event would seem sane, otherwise you get a scenario of (say) billing everyone first month a shortfall happens and a certain percentage don't pay, and then rolling right into another month of non-profitable mining with a subsequent additional hosting invoices get sent out which (apart from whole machine owners) I would imagine would largely go unpaid.

See what I mean? You need a clear and concise statement on how/when mining and hosting ends, and what happens to residual kit value for fractional owners that have not taken up the option  of having a machine delivered.

Nah...That's when we sell it on ebay... someone will buy it.  People are still spending 200-300 for Jallys and 30 for block erupters.

The terms are pretty standard for colocation services, and are a flow down of the security clause in our contract with the data center. Basically if we don't pay the bills they seize our equipment. Storage facilities also work on the same terms.  Once the equipment is obsolete and can't pay it's own bills, it won't have much value anyhow.

Thanks, I was aware of that, but as most member of group buys only own fractions of a server, it doesn't really help them does it?

Perhaps you should re-read some more.