Post
Topic
Board Group buys
Re: [OPEN] BITFURY group buy Singapore - NO VAT,free electricity+net 1btc to1.33GH/s
by
LimKopi
on 09/07/2013, 06:17:25 UTC
Qs:

1. So your miner from BitFury has not been bought yet?
http://www.bitfurystrikesback.com/

2. Each unit is divided into 300 shares which equals ~1.3 GH/s and 1 share is 1 BTC?


1. Yes unit hasn't been bought yet.
2. At opening yes divided into 300 shares and each share is 1BTC and is equal to ~1.3 GH/s but if the price of bitcoins rises and whatever is in the fund is enough to purchase the machine. I will close out the Groupbuy and the machine's total hash power will be divided equally between the number of units which have been sold.   So if I sold 3 shares and the price of bitcoins goes up by 100x. I will purchase the miner and each of the 3 sold shares will get 400/3 GH persecond