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Topic: 1.55 BTC = 7.1GH/s KnCMiner Jupiter. InfiniteHash.com BETA - Miners HERE! - page 9. (Read 20545 times)

newbie
Activity: 22
Merit: 0
Interesting. At 1.15BTC/5GH, if these are up and running by the beginning of October ROI is 3 months, but if they are up by the end of October they will never ROI.

I am not sure how you are doing your calculations but you are not taking into account the increase of the price of BTC based on the increase of difficulty. It is a direct correlation that is delayed by a period of about 6 months so these systems will definitely be profitable.

-Adeel

Hi Adeel,

   I think he is referring to http://mining.thegenesisblock.com/ that is a good calculator that try to forecast mining profitability in near future: try it... it's nice Smiley

Bye
full member
Activity: 217
Merit: 100
Interesting. At 1.15BTC/5GH, if these are up and running by the beginning of October ROI is 3 months, but if they are up by the end of October they will never ROI.

I am not sure how you are doing your calculations but you are not taking into account the increase of the price of BTC based on the increase of difficulty. It is a direct correlation that is delayed by a period of about 6 months so these systems will definitely be profitable.

-Adeel
full member
Activity: 217
Merit: 100
full member
Activity: 217
Merit: 100
On top of that, I have already paid for extra machines so that we are towards the top of the list for when KnC ships. So order away
full member
Activity: 200
Merit: 100

n4ru,
You make a point but lets not forget that markets have a way of changing both for better and worse, lets say BFL actually delivers all those 1500 gh/s ASIC rigs (will never happen) Avalon decides to mass produce there rigs (will never happen) and I have a whole list of dubious manufacturers that will also never deliver. That + the fact that zombie networks ala FUD will not be worth the time and the hoards of GPU miners that will drop out of mining all together might also affect the BTC price and difficulty. For sure it will get harder but I have a problem with numerical predictions solely based on theoretical hardware coming to market.
I could be wrong but its worth considering...
sr. member
Activity: 350
Merit: 250
Interesting. At 1.15BTC/5GH, if these are up and running by the beginning of October ROI is 3 months, but if they are up by the end of October they will never ROI.
full member
Activity: 217
Merit: 100
Bump. Anyone need any information? PM me or email me. Smiley

-Adeel
full member
Activity: 217
Merit: 100
Have you placed the orders for all 62 machines already? Or are you waiting for people to pay in btc so you could then place the order?

Thus far I have placed an order for 8 Machines. We will be ordering more as interest grows.

full member
Activity: 217
Merit: 100
Hey guys, I just tore my acl last night so it'll be a little difficult to update til i get it surgically repaired but I will do my best.

-Adeel
full member
Activity: 217
Merit: 100

I have some great news! So basically, we have received complete funding for the TAG Group. As such, contracts will cost 3-5 times as much as the prices that I am offering you guys here today. This website is for bitcoin investors and we offer better pricing than any of our other competitors still. Don't worry, your systems will be handled just as well as the systems from Infinite Hash and will also receive all of the perks, including revenue reinvestment, once our bitcoin miners start popping out bitcoins. Since I (Adam Anwar) am now CEO of the TAG Group, I have made a lot of changes for to better serve my customers. I would like to thank you for all being a part of this. I will continue selling these through bitcointalk.org until probably October, so get your hands on them before it is too late and the price jumps up to what it the market determines it should be at (cloudhashing.com 20gh/s $1000) though ours will of course be like 30-50% cheaper. This was basically just the beta test for our company and we love helping to support the bitcoin community to the best of our ability.

There is no other company on these boards that is working harder for their consumers. A 130,000 BTU Air Conditioning System has been installed. An Industrial dehumidifier. Samsung 16 Channel 720p HDTV Hybrid DVR Security System, Multiple Motion Detectors, Protect America’s Platinum Service, Multiple Door and Window Sensors.

We are also the first company in Bitcoin Mining as a Service that offers technical support for free and without having to make a purchase.
This will be one of the greatest deals in Bitcoin mining as a service and we hope to please all of our customers.
full member
Activity: 157
Merit: 100
20 shares purchased via Paypal ~ TIDs: 4EB86124HL7329227, 6NT10467AR411723K

Receiving address: 14pDdmhD977PPEGx91EDShQBqXHBay88A6
full member
Activity: 217
Merit: 100
full member
Activity: 183
Merit: 100
Shipping address: 1FHsTFTHN9i3NNxjE9rCf4mpbpqgnEbuCY

--------------------------------------
1M4aeBYJv7gYKm6u4F42kjVddWjn6urp5t

https://blockchain.info/tx/0b4196dda8e9e39d854ac922a1e81f520c7e1148bfbc8e025cc729466c769438

HE2ODa7SZMEHSeOPR4QYcoczI2bi4pkEIRUXGAvDQv8QsdYGTBS9bZeajBpm99Ocaiyh0hI9qL5D411 ieqJlZ5M=
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newbie
Activity: 27
Merit: 0
No the Hun, we had 3 refund requests that really put a damper on things. Today I am proud to announce that we have now sold our 4th system and are starting work on system 5. The system has been ordered and the power supply will be ordered tomorrow. Thanks to everyone for sticking it out through this, as I know I wasn't on the forums much to update since I was working on the actual site to ensure that we could provide all of our shareholders with the best possible environment for these systems. I am also happy to report that I will be flying to Sweden sometime soon to meet with kncminer to learn more about how things are going on their end. I will report back to shareholders as soon as this is done. Once again, thank you all.

-Adeel

Where can I see the current list of shareholders of the 4th system?
full member
Activity: 217
Merit: 100
When october rolls around and there are miners, yes. As far as me actually paying my customers, mupartee had me build him a litecoin rig and host it for him. You can contact him in regards to my legitimacy. Smiley
sr. member
Activity: 435
Merit: 250
No the Hun, we had 3 refund requests that really put a damper on things. Today I am proud to announce that we have now sold our 4th system and are starting work on system 5. The system has been ordered and the power supply will be ordered tomorrow. Thanks to everyone for sticking it out through this, as I know I wasn't on the forums much to update since I was working on the actual site to ensure that we could provide all of our shareholders with the best possible environment for these systems. I am also happy to report that I will be flying to Sweden sometime soon to meet with kncminer to learn more about how things are going on their end. I will report back to shareholders as soon as this is done. Once again, thank you all.

-Adeel

Could you post some pics of the "site" ?
full member
Activity: 217
Merit: 100
No the Hun, we had 3 refund requests that really put a damper on things. Today I am proud to announce that we have now sold our 4th system and are starting work on system 5. The system has been ordered and the power supply will be ordered tomorrow. Thanks to everyone for sticking it out through this, as I know I wasn't on the forums much to update since I was working on the actual site to ensure that we could provide all of our shareholders with the best possible environment for these systems. I am also happy to report that I will be flying to Sweden sometime soon to meet with kncminer to learn more about how things are going on their end. I will report back to shareholders as soon as this is done. Once again, thank you all.

-Adeel
legendary
Activity: 1212
Merit: 1037
Adeel, I am confused.

I have paid for my shares over a month ago and my name still figures in System 4 where only 30 of the 54 shares have been sold. Which orders have been placed and when? Did you place any order of another system since I paid for my shares?
newbie
Activity: 24
Merit: 0
   So are you doing half shares? 
and
 I can not seem to find your payment address?
sr. member
Activity: 435
Merit: 250
Have you placed the orders for all 62 machines already? Or are you waiting for people to pay in btc so you could then place the order?
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