Quote from: philipma1957 on January 25, 2014, 01:12:39 PM

Quote from: thomas_s on January 25, 2014, 02:14:31 AM

Quote from: firsttimeuser on January 25, 2014, 12:31:54 AM

r6 is still down, earning zero
or are you finish with Jupiters and dont care about it? -18% to break even
too many GBs to handle

The Jupiter in r6 is acting like the one in 15/16 was...it just doesn't want to hash its been rebooted multiple times today half the time it doesn't even appear on the network

The fix for r15/16's was it just started by itself

not to yell or complain or shout but the original terms for buy 5+6 are guaranteed hash.
so one machine is now about .75 btc the other is about 1.5btc since the payout on the 15th.

so that is a .75btc shortfall the shortfall that happen due to the move was about 2-2.5 coins so the 5+ 6 rounds are short 2.75 to 3.25 coins.

I made a lot of fiat on this pair of rounds. But this is an older buy and the coop lacks protection in the terms written. it is only a small short fall but the round 9 -12 shortfall is bigger more like 15-18btc and even though I don't keep track rounds 15+16 have a shortfall maybe 7 btc. All of these were written up in such a way that the coop owes that btc.

In fact the new website has changed terms which was smart and has claimed if gear is broken and the manufacturer does not address the problem the coop is not to blame. this fair in my opinion

We do have a problem with at least 3 sets of rounds. lets say 3 + 20 + 7 = 30 btc that the coop has guaranteed and not paid.

For me my rounds 5-6 and 9-12 are winners and have turned a usd profit But many are not happy about 5-6 9-12 and lastly 15-16

this white elephant has now been addressed for the newer rounds by correctly placing the problem on a manufacturers shoulders which is only fair.
I do worry about this 'missing' 'unpaid' coins causing us trouble in the furture. mostly if btc takes off in price.

30 x 800 = 24000 usd not that bad.
30 x 5000 = 150,000 usd a bigger problem.

Note the estimates of 3 btc 20 btc and 7 btc for the rounds 5,6 9-12 15,16 are rough and not exact.

I would like a good solution to these since they cause a weakness in the coop.

Lets face it if round 17 has a 20% shortfall like rounds 9-12 have had at times people will be very angry. The way I read rounds 17 is the coop is protected from legal action better then rounds 5,6 9-12 and 15,16. So my thoughts are a round 17 fuck up of 20% may cause people to attack the coop over rounds 5,6 9-12 15,16. Basically because they are an easier target.

For me I am cool since I made fiat on my shares in 5,6 and 9-12.
So if rounds 17 are 'bad' I am not running to a courtroom.
I just feel that simply saying: the coop will fix these early rounds because it is smart to do so.

I also feel round 17 should fully disclose that if the gear is shit and black arrow is to blame the coop is not on the hook. I would sign off to that clause on 17 with no worries at all.
But I don't want a mass attack against the coop for these early 'winner' rounds. When I read on rounds 5,6 9-12 and 15,16. Each and every one of these are fiat winners and a shit load of investors are still pissed off at making fiat and not making btc. I do worry that if round 17 is both a fiat and a btc loser people will be out for blood so to speak.

Round 9-12 actually never had any type of guarantee, they said each share was 1/100th the total hashrate of the machines, which if the bitfury's aren't actually hashing that means 1/100th of 0 = 0.

You were purchasing a percentage of the mining power of the machine / percentage of the machine if a machine fails you own part of it.

For the "how are we trying to fix the miner", the only thing we can do is reboot it right now and send an email to knc, its not even displaying that its on our network that it's plugged directly into. The R15/16 one magically started to work, it wasn't working when we left for the night and it was working when we came in in the morning.