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Topic: [SOLD OUT] Ninja Group Buy #4 - 30 Hosted ANTs + 7 - 290X [0/300] .3btc - page 4. (Read 17812 times)

hero member
Activity: 630
Merit: 500
What day of the week are payouts?

Thanks!

Payouts will happen this evening. We have to go move Group #1 into the cage and install the GPU rig, plus our meetup has it's satoshi square today. It's going to be a busy bitcoin day. When I get back from all that I will determine the final owner's list and we'll send out the first payout.  You have until I return to get your orders in if you want to get paid today.
newbie
Activity: 14
Merit: 0
What day of the week are payouts?

Thanks!
newbie
Activity: 2
Merit: 0
I already told you by pm because I was waiting for a withdrawal to come, just making it "public" here now.

.295 for 1 share (just one, same as pm)
Transaction:  https://blockchain.info/tx/952200d3c838a011455861b545c5aa7e3c8f01f8cd86d89b1d82bc2023f056a0
Dividends to: 1DH7kDZZQwHAdf3owXRGrWpzBRLZQkydwK

Thanks,

BCNTrader
full member
Activity: 219
Merit: 100
Bitcoin Mining Hosting
2x 1AzWfPxGMHFS8tPhtWjhu3nMLaQ6UfiuzM
newbie
Activity: 4
Merit: 0
.295 sent for 1 share

http://blockchain.info/tx-index/1cb1154c83db580cb488ff0e556ada5ce9ad73570f8b9ed6fc27c2df289a9537

Send dividends to 13aKRu289FLzyFJitPDZpN4BeUG83vXur6

thanks!

-ciphersoft
newbie
Activity: 8
Merit: 0
Hi guys, I'm very interested in investing in a couple of shares but somehow my math seems to fail me.
I tried it as follows:
A share would currently cost about $190
I would buy 1.8 - 2.0 GH/s + whatever the scrypt rig adds.
1.8 - 2.0 GH/s today earn about $.20 to $.22 cents by stats I can find.
Hosting is $15 a month. Obviously I'm doing something wrong, what?

Please help me out guys, this smells like exactly the thing I would love to invest in, it seems you have a decent numbers of shares I would like to have ^^

You're a factor of 10 out.
1 share is 18-20GH/s


^^ This... and...

This... https://docs.google.com/spreadsheet/ccc?key=0AsVvuskew8TmdFFrLWZXbi1SQUk3SzFhcWFXbXVRd3c

So about that spreadsheet, am I reading that right. So by the end of week 17 each share should have made about .24 BTC. Given that a share cost .259 to .295, by the end of week 17, your out about 0.019 - 0.055 BTC. I have no idea what the grey part of the sheet means Sad

Don't get me wrong, I thought this before I got a share. I just think this is awesome.

But in the end it is all guess work. That sheet was based on 1BTC=$800, which is less now.
And I think it was based on a 20% difficulty increase.
These parameters could both change dramatically.

Nevertheless, it should be a pretty good indication and at least it makes the guess a bit more educated. :-)

Spot on...

All figures are based on a 20% difficulty increase per 11 days. It is also subtracting the hosting fee $s calculated against $800 BTC as noted. That does cause some issues at current rates seeing as Ninja will be deducting the BTC based on the exchange rate during payout. While both miners seem to be close to my estimates, the cost of BTC and the floating difficulty make the figures nothing more than an estimated guess.

The gray area is just for my purposes to help break down difficulty periods vs. pay weeks. Basically it allowed me to easily see how to calculate a pay week's dividends when the difficulty changes mid week. It also lists how many total days have passed since 10X share owners can take possession of the Ant miners after 120 days.

Okay, so generally what I figured. And thanks for clearing up the grey area for me Smiley
hero member
Activity: 630
Merit: 500
Hi guys, I'm very interested in investing in a couple of shares but somehow my math seems to fail me.
I tried it as follows:
A share would currently cost about $190
I would buy 1.8 - 2.0 GH/s + whatever the scrypt rig adds.
1.8 - 2.0 GH/s today earn about $.20 to $.22 cents by stats I can find.
Hosting is $15 a month. Obviously I'm doing something wrong, what?

Please help me out guys, this smells like exactly the thing I would love to invest in, it seems you have a decent numbers of shares I would like to have ^^

You're a factor of 10 out.
1 share is 18-20GH/s


^^ This... and...

This... https://docs.google.com/spreadsheet/ccc?key=0AsVvuskew8TmdFFrLWZXbi1SQUk3SzFhcWFXbXVRd3c

So about that spreadsheet, am I reading that right. So by the end of week 17 each share should have made about .24 BTC. Given that a share cost .259 to .295, by the end of week 17, your out about 0.019 - 0.055 BTC. I have no idea what the grey part of the sheet means Sad

Don't get me wrong, I thought this before I got a share. I just think this is awesome.

But in the end it is all guess work. That sheet was based on 1BTC=$800, which is less now.
And I think it was based on a 20% difficulty increase.
These parameters could both change dramatically.

Nevertheless, it should be a pretty good indication and at least it makes the guess a bit more educated. :-)

Spot on...

All figures are based on a 20% difficulty increase per 11 days. It is also subtracting the hosting fee $s calculated against $800 BTC as noted. That does cause some issues at current rates seeing as Ninja will be deducting the BTC based on the exchange rate during payout. While both miners seem to be close to my estimates, the cost of BTC and the floating difficulty make the figures nothing more than an estimated guess.

The gray area is just for my purposes to help break down difficulty periods vs. pay weeks. Basically it allowed me to easily see how to calculate a pay week's dividends when the difficulty changes mid week. It also lists how many total days have passed since 10X share owners can take possession of the Ant miners after 120 days.
newbie
Activity: 3
Merit: 0
Hi guys, I'm very interested in investing in a couple of shares but somehow my math seems to fail me.
I tried it as follows:
A share would currently cost about $190
I would buy 1.8 - 2.0 GH/s + whatever the scrypt rig adds.
1.8 - 2.0 GH/s today earn about $.20 to $.22 cents by stats I can find.
Hosting is $15 a month. Obviously I'm doing something wrong, what?

Please help me out guys, this smells like exactly the thing I would love to invest in, it seems you have a decent numbers of shares I would like to have ^^

You're a factor of 10 out.
1 share is 18-20GH/s


^^ This... and...

This... https://docs.google.com/spreadsheet/ccc?key=0AsVvuskew8TmdFFrLWZXbi1SQUk3SzFhcWFXbXVRd3c

So about that spreadsheet, am I reading that right. So by the end of week 17 each share should have made about .24 BTC. Given that a share cost .259 to .295, by the end of week 17, your out about 0.019 - 0.055 BTC. I have no idea what the grey part of the sheet means Sad

Don't get me wrong, I thought this before I got a share. I just think this is awesome.

But in the end it is all guess work. That sheet was based on 1BTC=$800, which is less now.
And I think it was based on a 20% difficulty increase.
These parameters could both change dramatically.

Nevertheless, it should be a pretty good indication and at least it makes the guess a bit more educated. :-)
newbie
Activity: 8
Merit: 0
Hi guys, I'm very interested in investing in a couple of shares but somehow my math seems to fail me.
I tried it as follows:
A share would currently cost about $190
I would buy 1.8 - 2.0 GH/s + whatever the scrypt rig adds.
1.8 - 2.0 GH/s today earn about $.20 to $.22 cents by stats I can find.
Hosting is $15 a month. Obviously I'm doing something wrong, what?

Please help me out guys, this smells like exactly the thing I would love to invest in, it seems you have a decent numbers of shares I would like to have ^^

You're a factor of 10 out.
1 share is 18-20GH/s


^^ This... and...

This... https://docs.google.com/spreadsheet/ccc?key=0AsVvuskew8TmdFFrLWZXbi1SQUk3SzFhcWFXbXVRd3c

So about that spreadsheet, am I reading that right. So by the end of week 17 each share should have made about .24 BTC. Given that a share cost .259 to .295, by the end of week 17, your out about 0.019 - 0.055 BTC. I have no idea what the grey part of the sheet means Sad

Don't get me wrong, I thought this before I got a share. I just think this is awesome.
hero member
Activity: 630
Merit: 500
Hi guys, I'm very interested in investing in a couple of shares but somehow my math seems to fail me.
I tried it as follows:
A share would currently cost about $190
I would buy 1.8 - 2.0 GH/s + whatever the scrypt rig adds.
1.8 - 2.0 GH/s today earn about $.20 to $.22 cents by stats I can find.
Hosting is $15 a month. Obviously I'm doing something wrong, what?

Please help me out guys, this smells like exactly the thing I would love to invest in, it seems you have a decent numbers of shares I would like to have ^^

You're a factor of 10 out.
1 share is 18-20GH/s


^^ This... and...

This... https://docs.google.com/spreadsheet/ccc?key=0AsVvuskew8TmdFFrLWZXbi1SQUk3SzFhcWFXbXVRd3c
newbie
Activity: 3
Merit: 0
Hi guys, I'm very interested in investing in a couple of shares but somehow my math seems to fail me.
I tried it as follows:
A share would currently cost about $190
I would buy 1.8 - 2.0 GH/s + whatever the scrypt rig adds.
1.8 - 2.0 GH/s today earn about $.20 to $.22 cents by stats I can find.
Hosting is $15 a month. Obviously I'm doing something wrong, what?

Please help me out guys, this smells like exactly the thing I would love to invest in, it seems you have a decent numbers of shares I would like to have ^^

You're a factor of 10 out.
1 share is 18-20GH/s
newbie
Activity: 2
Merit: 0
Hi guys, I'm very interested in investing in a couple of shares but somehow my math seems to fail me.
I tried it as follows:
A share would currently cost about $190
I would buy 1.8 - 2.0 GH/s + whatever the scrypt rig adds.
1.8 - 2.0 GH/s today earn about $.20 to $.22 cents by stats I can find.
Hosting is $15 a month. Obviously I'm doing something wrong, what?

Please help me out guys, this smells like exactly the thing I would love to invest in, it seems you have a decent numbers of shares I would like to have ^^
full member
Activity: 238
Merit: 100
We must become the pitiless censors of ourselves.
Hi Ninj:

Please note one more share for me please:

https://blockchain.info/tx/07e0e0af6da4562acc651295147d4c7b7e62cb2c0719a367c06ce1468c9f447a

(BTC address of course remains the same, but for reference: 1PoY1bpigWqqeTkY3XErUzJvKdNubPtRVS )
legendary
Activity: 1092
Merit: 1000
Any GPU miner would tell you those cards are WAY too close together. You will hit temperature and reliability issues, especially with cards that do not back blow like the Asus R9 280x. they blow hot air straight into the intake of the next card!

These are all 290x reference design cards that blow all the hot air out the back of the card. They get plenty of cold air coming in (box fan) even in the staging area they are running under 85c during daytime and 70c at night. I expect them to do even better when they installed into the datacenter and we can get some real cooling air to play with.



i own two asus 290x cards and both burned up in the same conditions you have yours now. luckily asus repaired them both for me. i have ordered an arctic extreme 3 cooler, copper heat sinks, and geld paste to test on one of the cards .. i am waiting on the copper heat sinks to arrive .. did you know replacing the thermal paste can give considerable drops in heat alone and increase efficiency drawing less power ?? .. these are the kinds temps you should be getting with those cards:

GPU - 61c
VRM 1 - 55c
VRM 2 - 53c

u want the best heat sinks on the vrms as they get the hottestest, this is why i bought copper heat sinks to replace the cheap aluminum heat sinks that come with the cooler .. use the aluminum on ur ram chips if u run out of copper since they don't get as hot . these 290x cards run hot and need better aftermarket cooling .
hero member
Activity: 630
Merit: 500
Owners list updated - only 77 shares remain. Each share has already accumulated .02 worth of dividends so this is even better than immediate hashing!
full member
Activity: 238
Merit: 100
We must become the pitiless censors of ourselves.
Owners list updated, and the replacement riser came in so we are now running on all 7 cards ~ now hitting nearly 6.5Mh/s.

Hi ninj!
 

Are there more shares to be bought?

Yes, there are still 94 shares left in group #4.  You should also pick up a share in group 5, it's currently priced UNDER the market value for gridseed chips; as the price of BTC has fallen, and the scrypt asics are priced in USD ~ plus no additional hosting fees.

Hmm I just might get a few more shares in both GBs, though I made a large investment already in 20X dualminer USBs and an LA3M. I would have to wait in any case a week to buy/attain more BTC. Hopefully, I can. I think this makes pretty good sense. One thing that has me frightened though is that I am new to mining and hoping I don't fry my gear  Shocked. Anyway, will try to buy more shares if I can free up more funds. Thanks again for putting this together.

We're great at frying gear so you don't have to Wink We try to always get the latest, most profitable gear and pass the saving on to our owners. We do accept ACH payment from existing owners at preev.com rate, so no need to wait on buying BTC.

Crap, already put my order for withdrawal in with virtex....it'll take 3-5 days. probably Friday. I still hope there are spots in both groups by then.
newbie
Activity: 2
Merit: 0
I want to buy a share but can't withdrawal bitcoins from my exchange account due the "Transaction malleability"  Angry

Been buying some BTC all the way down with the price drop though  Grin
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” ― Warren Buffett

hero member
Activity: 630
Merit: 500
Owners list updated, and the replacement riser came in so we are now running on all 7 cards ~ now hitting nearly 6.5Mh/s.

Hi ninj!
 

Are there more shares to be bought?

Yes, there are still 94 shares left in group #4.  You should also pick up a share in group 5, it's currently priced UNDER the market value for gridseed chips; as the price of BTC has fallen, and the scrypt asics are priced in USD ~ plus no additional hosting fees.

Hmm I just might get a few more shares in both GBs, though I made a large investment already in 20X dualminer USBs and an LA3M. I would have to wait in any case a week to buy/attain more BTC. Hopefully, I can. I think this makes pretty good sense. One thing that has me frightened though is that I am new to mining and hoping I don't fry my gear  Shocked. Anyway, will try to buy more shares if I can free up more funds. Thanks again for putting this together.

We're great at frying gear so you don't have to Wink We try to always get the latest, most profitable gear and pass the saving on to our owners. We do accept ACH payment from existing owners at preev.com rate, so no need to wait on buying BTC.
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