Do you not have enough BTC to buy a batch 3 Avalon, or are you not willing to risk 75 BTC on a pre-order?

Well... me either, pre-orders for Avalon Batch #3 open tomorrow morning and will likely sell out quickly.

I am offering to collect funds to represent a group of investors here at Bitcointalk.org to buy a batch 3 Avalon ASIC. Read the following terms carefully before investing with me. You are basically buying a piece of an Avalon ASIC that I will host myself for a small fee.

Why you should trust me? I am just your average crypto coin enthusiast that really wants to get an ASIC he cannot afford at the moment. I figure there are a lot of people in the same boat as I am, so there might be enough people interested to make this happen. I am in good standing in the community here on Bitcointalk.org. I have traded, bought, and sold over $10,000 of computer equipment with many users here on the forums with absolutely no problems. I am as trustworthy as they come, all I want is to provide a service for people that can't afford Avalons.

Terms:

• Dividends will be payed monthly to the Bitcoin address you send your original investment with. (Make sure you can both send and receive Bitcoins from this address!!)
• Before dividends are divided up and payed, electricity costs (~.12 Kwh), a 3% hosting fee, and the pool's fee (yet to be determined) will be taken out of the net profits.

• Shipping costs will be taken out of the first dividend payment.

• Dividends will be paid proportionally according to each investors initial investment [investing 1 BTC in a 75 BTC ASIC gets you 1/75 of the profits (after subtracting electricity costs and a 3% hosting fee).]
• If there's not enough Bitcoins collected to buy an Avalon ASIC, then all funds will be immediately refunded to the address with which they were sent.
• If I collect enough funds for more than one Avalon, then I will purchase however many the group fund can afford.
• Any left over funds collected will be refunded to the last investors in line. Unfortunately, those investors left out will not receive any portion of dividends (for the amount they were refunded), but nonetheless will be refunded 100%.
• I will use this thread to keep investors updated for now, until a better solution is determined in the near future.

How to invest:

• Minimum investment is 1 Bitcoin
• Send your investment to 1QHZohmAdip28TM7U6KsyRXUrbvRvadtZB
• Reply with the Bitcoin address you are sending from and the total amount you are investing.
• I will confirm in the OP that you have payed and reserved your shares in the group buy.

Reply ITT or PM me with any questions. Ordering for Batch 3 opens in only about 7 hours, so if you are interested send your coins in ASAP![/list]

EDIT: Lowered hosting fee to 3%

EDIT: The group buy has now been completed.
Account ledger of the fund raising and buying of Avalons: https://www.dropbox.com/s/i4y39igtaq722pd/Avalon%20Group%20Buy%20Investment%20Transactions.xlsx
Ownership percentages and projected earnings: https://www.dropbox.com/s/7b7omfd7hrbk9gs/Ownership%20Percentages%20%26%20Profit%20Projections.xls

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