Rolling out statistics to be updated as often as possible.

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Updated: 11/13/13
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35 TH/s total

146 GH Purchased

34.854 TH/s Remaining

What hardware will be delivering this hashing power? HashFast? Bitmine? ....

Is the $9.25/gh the monthly rate or a one time fixed cost? I've never done cloud hashing before so would I just be giving you guys my wallet address where you deposit whatever is mined or do i actually get to use the miner on any pool I want?

That's not reasonable at all, at the difficulty level now, you'd expect around $9.50, in about 6 1/2 days that'll drop, in 10-11 days that'll drop some more, and in 10-11 days that'll drop some more.

End result would be something around $8 if we use the extremely generous MtGox exchange rate.  If you think bitcoins are going to go up, then you should buy bitcoins, not give money away.

NOTHING these days is profitable, it makes me kinda sad, but oh hell, just buy some bitcoins and hop onto an exchange and make buckloads of Bitcoin!

The offer seems ok for beginers. I belive it is more profitable than buying an asicminer blade.

I have some questions nobody asked until now;
a) when did you order the equipement
b) ETA on delivery of equipement
c) any photos you can share ? Like the order of the equipement? (I believe you can black out price & adress of delivery& other personal info that should stay private)

LE

People always want something more when they are trying out something new. Can you offer something for first comers? Shares? Price lock or better prices then general public will get on future orders?

10GH/s for $92.50 is a one time fee, no contract.  Again these are intro prices and setups. The future may have contracts.. You'll receive them directly after each block is mined.  You'll be able to deduct as low as 0.001 BTC

Website is located:
http://www.BTCMiners.net



A.) The price will potentially flucate.  As of this moment in time $9.25 is how much per GH/s is going based off of the hardware cost.  

B.) It looks that November seems to be out of the question as I had been previously informed via email.  They will be shipped around the 3rd week of December.  So going to the previous question.. Depending on when these get sent out I will re-adjust accordingly to how much is left of the hashing space and if adjustments (free 1GH/s, 10GH/s, etc.. based accordingly off of what you had ordered.) I think that is the biggest thing that needs to be watched due to difficulty values raising, total hashing rate and figuring out an extremely reasonable pool fee to maintain electricity.  The rent we are covering as we are renting that space already for other hosting services in the near future..

C.) The only photo I could show you is off of their website, since I do not tangibly have them at this point.  As for the invoice for them, sure.. I'll just need to screen shot it, cross out personal information and have it up ASAP

The discounted rate with the possibility of us matching specific GH/s if the value of USD to GH/s falls.  Again as above; if for some reason at $9.25 per GH/s of which we are offering, once it's all setup and the USD to GH/s has halved in price, we would accomodate for the difference to the best of our ability.  Obviously if you order 500GH/s chances are we simply won't have enough hash power to match you 1:1.  However, we will keep a buffer and calculate the difference based on order date, current price per GH/s and then future GH/s prices and will give us X value of the ratio to compensate for.


Payout frequency will be after 120 confirmations at first.  We want to see what the electricy bill should come out to, and then we will cover the area of making it instant payouts if you "donate" or allow for a percentage pool donation to help with electricity.  A lot of this is up in the air in terms of pool fees and such.  We'd like to get a 24 hour watt usage prior to opening it to everyone, so that way we can then figure out the electricity usage on average and then can go from there.

Sorry I just now got back to answering all these messages, I had been out today and came back and was astonished on the responses!

Thanks for your questions and hope to see some of you join up with us!

BTCMiners

That sounds nice.
Another question, why "Contact" link on yours website doesn't work?

Updated pricing from $9.25 to $8.50 per GH/s.   Updated pricing was so that orders that were 10GH/s and over no longer include the free GH/s due to the fact the entire pricing fees have been changed all together. 

All the pricing has been based off $8.50 per GH/s all the way up to 500 GH/s.  That means you can get 100 GH/s for $850 which is a good bargain at that rate.

Due to the price drop we will most likely implement merged mining to help with the electric costs and possibly a small percentage fee to compensate for any difference. 

Will update with more information as we get it.