Post
Topic
Board Group buys
Re: [Hosted Mining] Scrypt ASIC Gridseeds 300-333 Kh per Share - Updated Terms/Fees
by
CoinHoarder
on 15/03/2014, 07:29:29 UTC
I have participated in both of the previous group buys that CoinHoarder has ran. CoinHoarder has spent many sleepless nights trying to keep our miners running at their best and I trust his ability to run another successful group buy. There have been some minor problems along the way but I do believe he has done his best to be upfront and honest with us (the participants) as issues arose. Thanks dude!

I'm in for probably 20 units this time around... just let me know payment info

Thanks for the kind words, I'll mark you down for 20 units.  Smiley


------------------------------------


I updated the OP:
- To allow for both automatic mining (you simply provide a Bitcoin address for payments) OR do it yourself mining (you receive log in information and do everything yourself).
- Offer the option to sell the units and pay you with the proceeds of the sale as an extra option as opposed to getting units shipped back to you when unprofitable/you want to end the hosting arrangement.
- Further reduced shipping costs to have miners sent back to you.
- I reserve the right to overclock or underclock the Gridseed miners at my descretion for units hosted in Lazy Mining mode. I promise to take it easy on them.   Grin

Very Important: Someone lost 60 BTC this way in one of my previous Group Buys. The attacker quoted my OP and edited the Bitcoin payment address to his own. Please make sure you are looking at the OP of this thread when getting the payment address. Furthermore, I am taking precautions to prevent this from happening again and other man in the middle attacks, please validate the Bitcoin payment address by using the PGP Key in my signature. For more information on how to use PGP, please see this website: http://www.bitcoinnotbombs.com/beginners-guide-to-pgp/

I am still getting the final costs per unit from resellers & I'm trying to calculate in the cost per unit for power supplys, usb hubs, cables, etc... I expect to have this ready by the end of the weekend and I will open up deposits for the group buy at that time. There isn't really a good solution as far as power cables for a farm of this size. I may end up making our own cables just so I can set everything up how I want to- using ATX power supplies. Please let me know if you have any more suggestions for the terms or other options you'd like to see.

Thanks Smiley