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.