Post
Topic
Board Hardware
Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s
by
TechByPC
on 24/04/2014, 19:51:37 UTC
Has anyone done a bitcoin refund from minersource? Following the chain it seems like it was traded for fiat so i really don't want to hear the excuse that they will only give me half back what i paid.

I did a BTC refund at Minersource for an X-1. They paid me back in full BTC minus a reasonable transaction fee.
Was it the same amount you paid originally or adjusted for price? Say you paid .41 when prices around 810$ (so around 340$)a coin and they traded it in for fiat after i paid do i get .41 with a refund (currently 201$ usd equivilent) so they make 140$ if i refund or do they give me 330$ worth of bitcoin as the 10$ is an amount for the fiat conversion and transaction fees?

The difference between what I paid in BTC and what I received in BTC was 0.0009. I didn't look too much into the conversion rates because I try to not think about conversion rates when buying/selling miners since it just confuses the only thing that ever should matter: BTC profit. It is quite likely they made some fiat on conversion, but I really don't care. They took a risk doing that and could have lost or won. I'm not a fan of bobsag3 by any measure, but Minersource was completely fair as far as I'm concerned.