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Post by gmrpr7 on Mar 9, 2014 14:36:03 GMT -6
Sound like a great idea if we could raise 250+ BTC and I dunno how probable that would be.
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Post by imbiat on Mar 9, 2014 14:52:45 GMT -6
Drum Roll... Miners ship on Tuesday March 11th from Gridseed to our forwarding agent. (1-2 days???) Beijing to Shenzen. Once they get to forwarding agent, we will get a FED EX tracking number. ###Edit ### Gridseed also informed me that the minimum buy size will increase from 200 units to 1000.... We got in just in time!! This also means that the retail price will probably go up... since there will be fewer players in the market and its a much bigger risk to wire $175,000 than $35,000. I'm thinking we buy a full container... on round 2... sell them on market and distribute the profits as dividends...  maybe... Response? yes let's do that, but agree ahead of time if the prices tank we will just use them for mining. |
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Post by cryptodough on Mar 9, 2014 19:09:27 GMT -6
I think a 1,000 unit buy order would be feasible assuming everything goes smoothly with this one, and we get some nice dividends. How much profit I make off of getting into this order @ IPO will determine how much I contribute to the next order obviously.
Also, I would say that on the next order, to the people who purchases shares for the 1000 unit order, they should have the option of getting their miners shipped to them if they want, and those not being sold for dividends at market. And then everyone who doesn't want the physical miners will be able to collect dividend profit on the resell.
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Post by fasbit on Mar 9, 2014 19:19:56 GMT -6
Drum Roll... Miners ship on Tuesday March 11th from Gridseed to our forwarding agent. (1-2 days???) Beijing to Shenzen. Once they get to forwarding agent, we will get a FED EX tracking number. ###Edit ### Gridseed also informed me that the minimum buy size will increase from 200 units to 1000.... We got in just in time!! This also means that the retail price will probably go up... since there will be fewer players in the market and its a much bigger risk to wire $175,000 than $35,000. I'm thinking we buy a full container... on round 2... sell them on market and distribute the profits as dividends... maybe... Response? yes let's do that, but agree ahead of time if the prices tank we will just use them for mining. Next round I'm going to convert the BTC "on the Fly" - meaning I will convert them about every 3 to 4 hours... to keep USD Rate steady. Also I could accept USD and enter shares to represent the payment. |
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gnarl
Junior Member
Posts: 24 
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Post by gnarl on Mar 10, 2014 13:00:36 GMT -6
Drum Roll... Miners ship on Tuesday March 11th from Gridseed to our forwarding agent. (1-2 days???) Beijing to Shenzen. Once they get to forwarding agent, we will get a FED EX tracking number. ###Edit ### Gridseed also informed me that the minimum buy size will increase from 200 units to 1000.... We got in just in time!! This also means that the retail price will probably go up... since there will be fewer players in the market and its a much bigger risk to wire $175,000 than $35,000. I'm thinking we buy a full container... on round 2... sell them on market and distribute the profits as dividends... maybe... Response? Great news! Awesome luck with BOA, that is crazy. I think a second order is a great idea since they are raising the cost of entry. After some good news about the first delivery it would sell out quickly. |
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Post by fasbit on Mar 11, 2014 17:57:09 GMT -6
Gridseed Miners are in Shenzen warehouse. (Its Tuesday here in Tulsa,OK but its Wednesday morning there... sitting on edge of seat....
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Post by fasbit on Mar 12, 2014 3:35:59 GMT -6
Picture of our boxes! www.tumblr.com/blog/fasbitLMAO: Gridseed sent the boxes COD to the freight forwarding company. Hmmmm.... it cost $35 USD to ship these boxes worth $35,000 USD from Beijing to Shenzen and they send COD!!! So of course, as you might have guessed, I have to get my happy ass out of bed at 3:00am to check on the order... and get email about the $35.00 deficit... amazing!! The best part is spending an additional $45 to wire the $35.... |
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Post by gmrpr7 on Mar 12, 2014 3:45:25 GMT -6
Wow. Epic fail.
I guess as long as they're almost here, it's fine.
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Post by cryptodough on Mar 12, 2014 20:22:58 GMT -6
No tracking # update today? Was expecting to see something.
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Post by fasbit on Mar 13, 2014 5:43:46 GMT -6
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Post by fasbit on Mar 13, 2014 19:50:15 GMT -6
OK... Miners arrive 3/19.
1 Miner = 279,000 Shares ($167.25)
1 Controller = 117,000 Shares ($70.03)
19 Controllers Available
200 Miners Available
If you want miners shipped, you will have to pay shipping cost.
If left in pool.
71.5% Of Total Revenue paid in Dividends
14.25% Held for Hardware Allocation < Hash Power will increase every week.
14.25% Paid to Fasbit for overhead and Profit
All Mining revenue will be posted to Public address.
Email me if you want physical miners or controller.
info@fasbit.com
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Post by imbiat on Mar 13, 2014 20:59:54 GMT -6
OK... Miners arrive 3/19. 1 Miner = 279,000 Shares ($167.25) 1 Controller = 117,000 Shares ($70.03) 19 Controllers Available 200 Miners Available If you want miners shipped, you will have to pay shipping cost. If left in pool. 71.5% Of Total Revenue paid in Dividends 14.25% Held for Hardware Allocation < Hash Power will increase every week. 14.25% Paid to Fasbit for overhead and Profit All Mining revenue will be posted to Public address. Email me if you want physical miners or controller. info@fasbit.com will you post approx stats for how many people are requesting their miners? i plan to leave mine in the pool ( i really like the one day of profits per week being used to expand capacity ), but i'd still like to know about how big you expect that to be as people start asking for their miners. |
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Post by fasbit on Mar 13, 2014 21:06:40 GMT -6
OK... Miners arrive 3/19. 1 Miner = 279,000 Shares ($167.25) 1 Controller = 117,000 Shares ($70.03) 19 Controllers Available 200 Miners Available If you want miners shipped, you will have to pay shipping cost. If left in pool. 71.5% Of Total Revenue paid in Dividends 14.25% Held for Hardware Allocation < Hash Power will increase every week. 14.25% Paid to Fasbit for overhead and Profit All Mining revenue will be posted to Public address. Email me if you want physical miners or controller. info@fasbit.com will you post approx stats for how many people are requesting their miners. i plan to leave mine in the pool ( i really like the one day of profits per week being used to expand capacity ), but i'd still like to know about how big you expect that to be as people start asking for their miners. Yes... as the day gets closer...i will post it.... looking at the top shareholders list today, only 123 miner could be purchased.... |
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Post by gmrpr7 on Mar 19, 2014 11:09:06 GMT -6
Delivered! We should be up and running next week I think.
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Post by fasbit on Mar 19, 2014 15:00:10 GMT -6
The miners have arrived at the Tulsa office. If you want a miner, send an email to info@fasbit.com in this format:
Subject: GRID Miners
Shipping Name: X
Shipping Address: X
Your Crypto-Stock Email Address: X
Number of Miners you want: X
Number of Controllers you Want: X
Do you want special or expedited shipping or insurance?:
Other:
DO NOT TRANSFER SHARES YET UNTIL I EMAIL YOU.
If your government requires a special customs form, please attach it to your email.
I will get your shipping costs and email to you. You will be charged COST only for shipping. No mark-up.
I accept BTC only for shipping costs. I will email you a BTC request from coinbase for shipping costs.
As soon as you pay for shipping and transfer shares, I will mail them to you.
Gridseed did not send the miners in small boxes, so I have to buy a small box for each miner to ship them in.
/fasbit
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maybe...
