Good news, we've found a new home for hosting miners and we've been installing stuff around the clock.

We're waiting on KNC to RMA a ton of broken boards and we've blown three power ($250) supplies due to various defective ASIC modules. We have to recover from this frankenJupiter nightmare and get enough hashes operational out of the broken mess of stuff we keep getting from KNC. I've literally spent every night at the data center trying to get these damn things to work, replacing ASIC boards, swapping cables and controllers. The problem is we pay for the space that is reserved for stuff out for RMA, so the already narrow margin gets eaten up. KNC is driving me crazy.

Anyhow we are going to start the bonus group buy this week, once UPS delivers the next replacement round. More artic silver...more zip ties to hold down the stupid heatsinks for which no mounting materials were included.

To avoid another group buy meltdown we are making changes on the structure going forward, hosting must be prepaid.

We will need to you confirm your participation in the bonus group buy, and prepay the hosting fees for the term for which you want to participate.  There is no cost to participate in the bonus group buy (other than hosting fees), and you get one share for each share you had in group buy one, plus 10 shares for any redeemed miners shipped to you from groups #2 - #4.  The hosting cost is set at $250/TH mo. By confirming your participating, you agree to lease the hashes for the number of months for which you prepay. At the end of the lease there is no further obligation or commitment on your our our behalf, and we retain the hardware. We guarantee to supply the hashes and/or replace the hardware to supply the hashes throughout the term of your lease. 

Each share will represent 30GH worth of hashrate.  These will be initially mining on Ghash.io, with autopayout based on ownership percentages. When our cloud service is ready, these will be converted to hashes provided there, and you all will be the first beta users.