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Re: [CLOSED] R8B: Bitmine Rig, 600GH/s, At-cost+Host, $70= 10-15GH/s+UPS
by
tgbtg_2013
on 22/03/2014, 18:31:38 UTC
I'm voting to move forward with refund.

tgbtgin_2013

20 shares
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Re: [CLOSED]R7: Bitmine Rig, 1TH/s+, At-cost+Host, $70= 10-15GH/s +UPS. Mahalo!
by
tgbtg_2013
on 22/03/2014, 18:30:07 UTC
I'm voting to move forward with refund.

tgbtgin_2013

8 shares
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Re: [CLOSED]R7: Bitmine Rig, 1TH/s+, At-cost+Host, $70= 10-15GH/s +UPS. Mahalo!
by
tgbtg_2013
on 18/03/2014, 18:02:35 UTC
I can say that I have not gotten any shipping info thru to my UPS account, and nothing has showed up to hosting... I will get DZ to check in on this.

Checking for any updates from DZ to see if GB R7&8 are +71 days, if so, is a refund + 10% going to be submitted?
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Re: [CLOSED]R7: Bitmine Rig, 1TH/s+, At-cost+Host, $70= 10-15GH/s +UPS. Mahalo!
by
tgbtg_2013
on 14/03/2014, 16:17:01 UTC
So, if GB R7 invoice amount was $6,898 my understanding of the breakdown is as follows:

Plus 10% additional penalty       $689.80

Less Bitmine Admin Fee            $30.00
_____________________________________
Refund amount                       $7,557.80

Bitmine.ch would purchase BTC and refund BTC to GB R7 which is then split to the share owners less the 1.5% fee.

Thomas, is this your understanding?

Yes that's my understanding on it. Everyone can vote to have a refund requested if they would like.

Thomas, do you have the Bitmine.ch refund request form? Will a refund forum/poll be set up?
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Re: [CLOSED]R7: Bitmine Rig, 1TH/s+, At-cost+Host, $70= 10-15GH/s +UPS. Mahalo!
by
tgbtg_2013
on 13/03/2014, 18:23:33 UTC
So, if GB R7 invoice amount was $6,898 my understanding of the breakdown is as follows:

Plus 10% additional penalty       $689.80

Less Bitmine Admin Fee            $30.00
_____________________________________
Refund amount                       $7,557.80

Bitmine.ch would purchase BTC and refund BTC to GB R7 which is then split to the share owners less the 1.5% fee.

Thomas, is this your understanding?
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Re: [CLOSED]R7: Bitmine Rig, 1TH/s+, At-cost+Host, $70= 10-15GH/s +UPS. Mahalo!
by
tgbtg_2013
on 13/03/2014, 16:47:22 UTC
We should also remember the 10% additional penalty that may apply.

http://bitmine.ch/?page_id=850

3) After the 61st day of late shipment, you have the right to request a full refund and we will pay you an additional penalty of 10% of the initial order amount.
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Re: [CLOSED] R8B: Bitmine Rig, 600GH/s, At-cost+Host, $70= 10-15GH/s+UPS
by
tgbtg_2013
on 13/03/2014, 03:32:26 UTC
Hello DZ, has it been 71 days of delay based on the committed shipment date?

If so, please see CPP and refunds deadline posted by Giorgiomassa. I have posted below...

CPP and refunds deadline
Confusion would be the best term to describe an otherwise very straightforward policy. A dedicated page explaining in simple words how the CPP works has been available here http://bitmine.ch/?page_id=850 since day 0, but it looks like it wasn't clear enough, or just not read by most people. Let me resume some key points:

1) First 10 days don't count in late delivery calculation.

2) Refunds can be asked on the 71th day of delay based on the committed shipment date, which is the one published when you place the order. For avalon-clones and December batch customer, that means you'll be able to ask the refund starting from February 27th (December 16th stated delivery date + 10 days + 60 days). An appropriate page on our web site under support will be opened tomorrow for anybody willing to ask for a refund and yes, we will be honoring them within 30 days.

3) The late delivery compensation for your unit(s) will be determined at the exact moment of its assembly, that's why it makes no sense to keep on asking the support team, they won't be able to give you an answer till the unit is in production!

4) The compensation is calculated on 10% steps of increase of the nominal hashing power that you've ordered, rounded to the next highest hashing module. So, if you ordered a 200 GH/s unit and your unit leaves our warehouse after 32 days of late delivery, that is 22 effective days which is 30% additional power. Theoretically that would be 260 GH/s which, in case of the Desk unit where the hashing modules are 200 GH/s each, that would make your order shipped with two 200 GH/s modules for a total of 400 GH/s. Before creating again a conspiracy based on my words, please note that we're currently evaluating the possibility to supply late orders with half-mounted hashing units (i.e. 4 CoinCraft A1 chips instead of 8 ) so whereas you'll still get more than what you were actually entitled for, it may be less than the above mentioned example.

5) Refunds are made in the same payment method on which the payment was originally made. That means: wire transfers get refunded with wire transfers, bitcoin payments get refunded with bitcoin payments.

6) Refunds are pinned to the daily exchange rate at the moment when the refund will be issued, based on the original USD price of your purchase order which is the base currency for the prices stated in the website. That means:
    6.1 If you paid by wire transfer in USD, you get refunded by wire transfer in USD
    6.2 If you paid by wire transfer in EUR, you get refunded by wire transfer in EUR at the daily USD/EUR exchange rate based on your originally invoiced amount.
    6.3 If you paid by wire transfer in CHF, you get refunded by wire transfer in CHF at the daily USD/CHF exchange rate based on your originally invoiced amount.
    6.4 If you paid by bitcoin transfer in BTC, you get refunded in BTC at the daily USD/BTC exchange rate based on your originally invoiced amount.

7) Refunds are not mandatory: if you don't request them with our refund request form, we won't be doing this automagically for you. You can opt to wait for your 50% (the maximum) compensated order to be delivered for any amount of time.

8 ) Refunds are based on the originally paid amount, excluding any coupons or discounts. For example, if as an avalon-clone customer you opted for a 50% free coupon on your originally paid amount of $1000, your refund will be based on $1000 and not on $1500.
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Re: [CLOSED]R7: Bitmine Rig, 1TH/s+, At-cost+Host, $70= 10-15GH/s +UPS. Mahalo!
by
tgbtg_2013
on 13/03/2014, 03:25:33 UTC
Hello DZ, has it been 71 days of delay based on the committed shipment date?

If so, please see CPP and refunds deadline posted by Giorgiomassa. I have posted below...

CPP and refunds deadline
Confusion would be the best term to describe an otherwise very straightforward policy. A dedicated page explaining in simple words how the CPP works has been available here http://bitmine.ch/?page_id=850 since day 0, but it looks like it wasn't clear enough, or just not read by most people. Let me resume some key points:

1) First 10 days don't count in late delivery calculation.

2) Refunds can be asked on the 71th day of delay based on the committed shipment date, which is the one published when you place the order. For avalon-clones and December batch customer, that means you'll be able to ask the refund starting from February 27th (December 16th stated delivery date + 10 days + 60 days). An appropriate page on our web site under support will be opened tomorrow for anybody willing to ask for a refund and yes, we will be honoring them within 30 days.

3) The late delivery compensation for your unit(s) will be determined at the exact moment of its assembly, that's why it makes no sense to keep on asking the support team, they won't be able to give you an answer till the unit is in production!

4) The compensation is calculated on 10% steps of increase of the nominal hashing power that you've ordered, rounded to the next highest hashing module. So, if you ordered a 200 GH/s unit and your unit leaves our warehouse after 32 days of late delivery, that is 22 effective days which is 30% additional power. Theoretically that would be 260 GH/s which, in case of the Desk unit where the hashing modules are 200 GH/s each, that would make your order shipped with two 200 GH/s modules for a total of 400 GH/s. Before creating again a conspiracy based on my words, please note that we're currently evaluating the possibility to supply late orders with half-mounted hashing units (i.e. 4 CoinCraft A1 chips instead of 8 ) so whereas you'll still get more than what you were actually entitled for, it may be less than the above mentioned example.

5) Refunds are made in the same payment method on which the payment was originally made. That means: wire transfers get refunded with wire transfers, bitcoin payments get refunded with bitcoin payments.

6) Refunds are pinned to the daily exchange rate at the moment when the refund will be issued, based on the original USD price of your purchase order which is the base currency for the prices stated in the website. That means:
    6.1 If you paid by wire transfer in USD, you get refunded by wire transfer in USD
    6.2 If you paid by wire transfer in EUR, you get refunded by wire transfer in EUR at the daily USD/EUR exchange rate based on your originally invoiced amount.
    6.3 If you paid by wire transfer in CHF, you get refunded by wire transfer in CHF at the daily USD/CHF exchange rate based on your originally invoiced amount.
    6.4 If you paid by bitcoin transfer in BTC, you get refunded in BTC at the daily USD/BTC exchange rate based on your originally invoiced amount.

7) Refunds are not mandatory: if you don't request them with our refund request form, we won't be doing this automagically for you. You can opt to wait for your 50% (the maximum) compensated order to be delivered for any amount of time.

8 ) Refunds are based on the originally paid amount, excluding any coupons or discounts. For example, if as an avalon-clone customer you opted for a 50% free coupon on your originally paid amount of $1000, your refund will be based on $1000 and not on $1500.
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Topic
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Re: [CLOSED]R7: Bitmine Rig, 1TH/s+, At-cost+Host, $70= 10-15GH/s +UPS. Mahalo!
by
tgbtg_2013
on 27/02/2014, 04:06:30 UTC
Thanks so much for the update!

Awaiting any tracking information updates.
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Re: [CLOSED] R8B: Bitmine Rig, 600GH/s, At-cost+Host, $70= 10-15GH/s+UPS
by
tgbtg_2013
on 26/02/2014, 16:51:50 UTC
What is the committed shipment date, which is the one published when you place the order.
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Topic
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Re: [CLOSED]R7: Bitmine Rig, 1TH/s+, At-cost+Host, $70= 10-15GH/s +UPS. Mahalo!
by
tgbtg_2013
on 26/02/2014, 16:45:06 UTC
What is the committed shipment date, which is the one published when you place the order.
Post
Topic
Board Group buys
Re: [CLOSED]R7: Bitmine Rig, 1TH/s+, At-cost+Host, $70= 10-15GH/s +UPS. Mahalo!
by
tgbtg_2013
on 11/02/2014, 15:05:24 UTC
Thomas, the link for GB R7/8 is not working.


The page you were looking for doesn't exist.

You may have mistyped the address or the page may have moved.

If you are the application owner check the logs for more information.
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Re: Black Arrow R9-12 threads, DZ Miners Co-op. Plz move ?s and discussion here.
by
tgbtg_2013
on 02/02/2014, 17:44:28 UTC
I vote yes to sell my 15 shares.
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Topic
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Re: [CLOSED]R7: Bitmine Rig, 1TH/s+, At-cost+Host, $70= 10-15GH/s +UPS. Mahalo!
by
tgbtg_2013
on 31/01/2014, 04:44:22 UTC
How soon before the R7-R8 spreadsheets are posted? Which team member in to co-op has the order number and the ability to look at the order status and post the updates?
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Topic
Board Group buys
Re: [CLOSED]R7: Bitmine Rig, 1TH/s+, At-cost+Host, $70= 10-15GH/s +UPS. Mahalo!
by
tgbtg_2013
on 30/01/2014, 18:42:03 UTC
Any update on our orders?
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Topic
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Re: [CLOSED]R7: Bitmine Rig, 1TH/s+, At-cost+Host, $70= 10-15GH/s +UPS. Mahalo!
by
tgbtg_2013
on 17/01/2014, 03:58:54 UTC
Hoping for some positive news and updates on the R7 order. We have alot of bonus GH on these shares once they start hashing.
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Re: Black Arrow R9-12 threads, DZ Miners Co-op. Plz move ?s and discussion here.
by
tgbtg_2013
on 15/01/2014, 22:48:29 UTC
Thanks for the added hash power!

Worker 1 Hash Rate       0 Gh/s
Worker 2 Hash Rate       2805.282 Gh/s
Worker 3 Hash Rate       523.49 Gh/s
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Re: Black Arrow R9-12 threads, DZ Miners Co-op. Plz move ?s and discussion here.
by
tgbtg_2013
on 09/12/2013, 05:31:59 UTC
I would like to hope that Bob has a fix it in his pocket after his return visit with BA whether it is a software or hardware issue. I'm sure he will provide a good balance to R9-12 recovery as well as getting the new hardware up and running.

As you know, every second that goes by is lost of BTC if R9-12 is not producing 2.3745 BTC every 24 hours at the current difficulty of 707,408,283.

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Re: Black Arrow R9-12 threads, DZ Miners Co-op. Plz move ?s and discussion here.
by
tgbtg_2013
on 06/12/2013, 17:56:53 UTC
Here are the numbers from http://bitcoinwisdom.com/bitcoin/difficulty and http://www.bitcoinx.com/profit/. This is based on a Nov. 1 start date with full hash power.

Difficulty History date range                24 hour BTC         Total BTC for the period             Difficulty for date range
Nov 1 - 4                                           4.2968                         17.1872                              390,928,788

Nov 5 - 16                                         3.2876                         39.4512                              510,929,738

Nov 17 - 28                                       2.7560                         33.072                                609,482,680

Nov 29 - Dec 6                                   2.3745                        17.808                                 707,408,283



Expected BTC to date: 107.5184

Gross Revenue:       89.5411

Current short fall:        -17.9773

Just a quick run of the numbers that are not 100% accurate but are close.
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Topic
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Re: Black Arrow R9-12 threads, DZ Miners Co-op. Plz move ?s and discussion here.
by
tgbtg_2013
on 04/12/2013, 18:03:45 UTC
R9-12 should be producing 2.3745 BTC at the current difficulty rating.

As of this writing, the 24 BTC for R9-12 is 1.67354500. The next projected difficulty is showing as 889,752,235 and if R9-12 were at 3.34GH/s this would be 1.8879 BTC for a 24 hour period.

I do appreciate ALL THE HARD WORK Bob has put into getting R9-12 up and running, but if this equipment is not going to meet the 3.34GH/s, I say we put it to a GB vote and move forward.