Post
Topic
Board Group buys
Re: SmartHashing.us -> Gridseed Group Buys,Hosting&Accessories -> Best deals in OP
by
smarthashing
on 01/04/2014, 01:07:05 UTC
Thanks for the updates. Since we are hashing now

- How Often will be the payments for the Easy Mining Asics, and how you would calculate them.
- I haven't set or been asked for any BTC address for the payments, should I send it to you via PM or you are going to make some kind of a page within smarthashing for the Easy Mining users.

We were planning on sending out payments once a month, however we would rather everyone have their own pool account- that way you get paid from mining instantly (depending on the pool you choose) and we are not liable for your money. Instead of taking hosting fees out of the miner's income, it would be paid monthly by each client. We are looking into getting some sort of interface that would allow you to change pools, request that your units be sold and the funds forwarded, and pay hosting fees and keep track of them. If the hosting fees aren't paid, we will need to switch your units over to our pool to pay them and we will contact you whether you want to end the hosting arrangement, sell your units, or keep going with us!

Honestly the web interface is kind of a long ways off, but it is something we are working towards. For now everyone that ordered in Batch 1 & 2 will share the same pool account. Your orders arrived within a couple days of each other and were all setup and running relatively at the same time seeing as though there were some issues the first day or so. We will request your BTC addresses soon if you haven't submitted it already. We're not sure there's much of a point in sending out a payment for a few days of mining, but if you guys want it we will do it. Otherwise, we were planning on waiting until the end of April. It will be like: [ (Number of easy mining ASICs) / (Total income of all easy mining asics) ] x (Number of units you have hosted). This way down time on one certain unit is shared by the group. We're not quite sure what we're going to do with failing equipment, but we don't feel like it's fair to say to someone "sorry, a unit burned up.. you're the unlucky one that has to take the hit." That just doesn't seem right, so pooling all easy hosted mining units together seems like the sensible thing to do.