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LegendaryActivity: 1131Merit: 1001 [RAFFLE] Win a Gridseed ASIC Miner! Plug-n-Play ready | CLOSED May 20, 2014, 03:12:47 PM

Last edit: May 23, 2014, 05:00:41 PM by LiteBit #1



Welcome to the Gridseed ASIC Miner , Plug-n-Play ready raffle!



I am raffling off a Brand New, Plug-n-Play ready Gridseed ASIC Miner. Each ticket is only 500 bits! ( BTC 0.0005)



Imagine, turning 500 bits into a Gridseed ASIC Miner, a return of nearly 550 times the cost of a single ticket!



The winner of this miner will earn the purchase price of their ticket back within 24 hours mining Bitcoin and within 12 hours mining Litecoin.



Pretty cool huh?! I am raffling off a Brand New, Plug-n-Play ready Gridseed ASIC Miner. Each ticket is only 500 bits! (0.0005)The winner of this miner will earn the purchase price of their ticket back within 24 hours mining Bitcoin and within 12 hours mining Litecoin.Pretty cool huh?!



RULES OF THE CONTEST:

The odds of winning this raffle is 1 / (total # of tickets sold)

This raffle will end on Friday, May 23, 2014 at 1pm EST.

You may purchase as many tickets as you like.

The only piece of information you need to submit is your email address. This will be hashed so it will not be given out to the public.

We will keep a public Pastebin of the ticket numbers and email hashes, hopefully updating the list multiple times a day leading up to the close of the contest.

The purchase buttons will be removed and the final ticket holder list will be posted after the contest closes.

The raffle will be decided by: Each ticket purchase, whether a single ticket or multiple tickets, will be time-stamped on the blockchain. Tickets will be numbered by date/time purchased. Multiple tickets will represent blocks of numbers related to time-stamp of purchase(ie: #25-#40). We will use the Bitcoin blockchain raffle ticket picker to pick the winner. The block hash used to pick the winner will be the first block mined after 2pm EST the day the contest closes. (i.e.: 1 hour after contest closes)

Once the results of the raffle have been verified, the winner will be emailed directly for verification.

Once the winner has been verified, the Gridseed Plug-n-Play ready miner will be shipped to the new owner within 48 hours.

*An example of the ticket holder list will look like this:

*Use this service to figure out the hash of your email:





Images











Details

Brand New , Original Packaging

, Original Packaging Free Shipping

Can Mine Bitcoins and Litecoins

10 GH/s on Bitcoin-Only Mode

300+ KH/s on Litecoin-Only Mode

Consumes as little as 5 watts of electricity in Litecoin-Only Mode

Includes Power Supply and Data Cable AC/DC Adapter Model HP-091205A Input: 100-240V~ 50/60Hz Output: 12V - 5A





Charity

Proceeds from this raffle will go to Big Brothers Big Sisters of Central Ohio!

http://www.bbbscolumbus.org/





Return on Investment



The following profitability was determined by:



Cost of 1 Ticket BTC 0.0005 BTC/day mining Bitcoin BTC 0.00056805 BTC/day mining Litecoin BTC 0.00102698



Referral Program



We will give each user who places the following advertisement in their signature 1 free ticket.



Code: [b][url=https://bitcointalk.org/index.php?topic=617642.0]Win a Gridseed ASIC Miner![/url][/b] Tickets: 500 bits each | Multiple Tickets = BONUS chances to win!

If you would like to participate in the referral program PM me the following:

Intent to participate

User name

Email address (necessary to claim prize)

- The referral code above needs to be the first text on the top line of your signature. It's ok, you can keep the rest of your signature text alongside it.

- The referral code needs to stay in your signature for the entire contest.

- A ticket number will be assigned based on the time the PM is received and signature placement confirmed.

- We reserve the right to nullify the awarded ticket number if these rules are not followed.

- In case a nullified ticket is drawn as the winning ticket a second block will be determined, agreed upon and a new winning ticket will be determined.



Cheers,

LiteBit Properties





Current ticket holder list

http://pastebin.com/2miKd3Px Hello fellow miners,*An example of the ticket holder list will look like this: http://pastebin.com/nagj2LvL *Use this service to figure out the hash of your email: http://hash.online-convert.com/sha256-generator Proceeds from this raffle will go to Big Brothers Big Sisters of Central Ohio!The following profitability was determined by: Coinwarz - SHA256 (10GH/s, 60W) - Scrypt (350KH/s, 7W) We will give each user who places the following advertisement in their signature 1 free ticket.If you would like to participate in the referral program PM me the following:- The referral code above needs to be the first text on the top line of your signature. It's ok, you can keep the rest of your signature text alongside it.- The referral code needs to stay in your signature for the entire contest.- A ticket number will be assigned based on the time the PM is received and signature placement confirmed.- We reserve the right to nullify the awarded ticket number if these rules are not followed.- In case a nullified ticket is drawn as the winning ticket a second block will be determined, agreed upon and a new winning ticket will be determined.Cheers,LiteBit Properties