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Topic: [BitFunder] - ADDICTION - KNCMiner - Now hashing at 14+TH! - page 11. (Read 74824 times)

sr. member
Activity: 266
Merit: 250
Received, thank you. Which group buy to spend it on...?

Don't do it ! Keep your BTC man, learn the lesson !
hero member
Activity: 560
Merit: 500
Received, thank you. Which group buy to spend it on...?
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Dividend received, thanks

hopefully the network will not grow as fast as last week it grew by over 1000 TH/S which is the largest I have seen - see http://bitcoinwatch.com/

not sure what has caused this --- maybe KNC nov batch ?

 yep 600gh a machine x 1200 machines = 1.2ph
sr. member
Activity: 265
Merit: 250
Football President
Dividend received, thanks

hopefully the network will not grow as fast as last week it grew by over 1000 TH/S which is the largest I have seen - see http://bitcoinwatch.com/

not sure what has caused this --- maybe KNC nov batch ?
sr. member
Activity: 392
Merit: 250
♫ A wave came crashing like a fist to the jaw ♫
Dividend received, thank you once again!
legendary
Activity: 1960
Merit: 1062
One coin to rule them all
That is great, everything is fine and dandy, thank you so much for you effort tyrion70.
Smiley
 
full member
Activity: 163
Merit: 100
Very very nice Smiley
legendary
Activity: 934
Merit: 1000
Hey Everyone,

Div time! We were hoping to see another payout from Eligius but unfortunately its still a few blocks away (and then 100 block maturing time) so the tally won't change but we'll have a headstart for next week.

The numbers:
Balance in wallet: 68.47987639
Still in wallet for non-confirmed shares: 4.56026235
Hosting costs: 2.454545455
Dividends: 61.46506859
Dividends per share: 0.00018358
Namecoin balance: 636.33305811 (as requested Smiley)

Eligius still has 11.80834551 btc to be paid out, that counting its been an OK week luckwise.

Only 1509 shares left to confirm. Bitfunder has transferred all shares to our account and gave us a list of them. If you haven't confirmed please PM us to confirm your payout address.

Latest sharelist can be found here:
http://pastebin.com/cq8Tw9aA

Dividends have just been sent in transaction:
https://blockchain.info/tx/d9078020329f4ea71f7c410b8ec413b408449410bced09e4d8a8aab6af91be8f

Cheers!
legendary
Activity: 934
Merit: 1000
Hey Guys,

I've been in contact with Iamnot_ so thats arranged..

Cheers,
hero member
Activity: 794
Merit: 1000
Monero (XMR) - secure, private, untraceable
Hi there,

My shares were auto-tendered to ADDICTION by Ukyo on Dec. 2nd and I am wondering what I need to do to receive missed dividends. I can sign from my address. Please advise.

Thank you.

Send a PM to tyrion70 giving information like your username, shares amount, public bitfunder address. This should be enough in order to receive all your dividends in the next dividends payment (Sunday). He'll tell you if he need a signed message.
newbie
Activity: 24
Merit: 0
Hi there,

My shares were auto-tendered to ADDICTION by Ukyo on Dec. 2nd and I am wondering what I need to do to receive missed dividends. I can sign from my address. Please advise.

Thank you.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Hi philipma1957
Thanks for sharing your sale
Look like a good deal for you
I am trying to understand your numbers

“So I got .395 btc for 300 shares” = I.e.  0.0013166 Per share BTC
“.395 btc is about 426 usd” + i.e.  1 BTC =$1078.48
Therefore complete Jupiter would sell 12400 x 0.0013166 = 16.9384 BTC = USD $18,267.72
New Jupiter now costs $4495   (4.105 BTC) = i.e. $8.17 per GH/s 
You sold your share at $33.21 per GH/s
I guess the share price will go down on Sunday after the dividends are paid
Expected Divs per share this Sunday: 0.00027 BTC
So 0.0013166 - 0.00027 = 0.0010466 = next week share price



 the price for a machine is not 4495 from resellers.
 try to buy  1gh  right now  to start instant hashing.

 3 am sticks on ebay = 150 usd for 1 gh       wait for the sticks.
1 red fury on ebay     =  300 usd for 2.4gh   wait for the sticks.

33.21 per gh is cheap compared to above.
the next best deal I can find is a cube from canary in the mine.  he wants 1 btc for 30 ghash or 33.33 a gh
you have to wait about 4 days. you need 200 watts you need a router/switch you need to know what to do to set it up.

buying hash from cex.io is about 75 usd a gh.

so the buyers that purchased from me  got instant hashing that actually started on sunday the 1st and got it on the 4th. 

if you buy that cube at about the same price  you do not have it setup until sun or monday the 9th.   

I did not really want to sell of but I  had  3 buys and  more then 250gh in hash.

 if coins tank i lose a lot in the fiat price of the gear.  I would have sold 1/2 of all three buys  but this addiction  buy was easy to sell .  so I sold all of it.  Most likely I will hold my other 2 buys since resale  of them is hard too do.  I now have 200 gh. In the other 2 buys.

sr. member
Activity: 265
Merit: 250
Football President
Hi philipma1957
Thanks for sharing your sale
Look like a good deal for you
I am trying to understand your numbers

“So I got .395 btc for 300 shares” = I.e.  0.0013166 Per share BTC
“.395 btc is about 426 usd” + i.e.  1 BTC =$1078.48
Therefore complete Jupiter would sell 12400 x 0.0013166 = 16.9384 BTC = USD $18,267.72
New Jupiter now costs $4495   (4.105 BTC) = i.e. $8.17 per GH/s 
You sold your share at $33.21 per GH/s
I guess the share price will go down on Sunday after the dividends are paid
Expected Divs per share this Sunday: 0.00027 BTC
So 0.0013166 - 0.00027 = 0.0010466 = next week share price
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
It has been a pleasure working with this group buy.

my fiat roi is 771 usd in  and 2562.65 usd out.  


 I am still hoping to regain my missing .39 btc from the bips me hack.  I was contacted by them today and they said my btc was transferred after the theft and they may be able to recover it for me.  More then 1000 btc was stolen from them.  At the time of theft BTC was about 500 usd.  so around 500,000 usd.  It has  since risen 2x to more then 1,000,000 usd.


Still  anytime I can start with 771 and end up with 2562 is good for me. or maybe I get that .39 when btc is at 2k and I go to 3300 gross.



Tyrion and bob have been very good running this buy.  I did not want to sell all my holdings but this buy is more liquid then dZcoop is.

 I wanted to sell half of all 3 buys.  thus allowing me a middling affect on profit.  

I had 250gh in hash I now have 206gh in hash so my exposure to a large drop in BTC price has been reduced. I still have a chance to score big if btc rises with my other  buys on dZcoop.

  Thanks again this buy has been a pleasure and in my eyes a good success.

  Best to all and happy mining!!  Philipma1957
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Part of the reason why we bought this GB is because the shares are exchangeable. You can "sell" these miners at any time by selling your shares, or you can "buy" whole miners by buying the shares. There doesn't even need to be a debate, tyrion and blastbob gave us a great mechanism for voting with your wallet.

it looks like you can buy/sell for ~0.0013/share. If you think we should sell miners, sell your shares. If you think it's a good deal, buy.

https://bitcointalksearch.org/topic/addiction-order-book-thread-418-mhsshare-328135


Okay good point.  So I have 1250 shares if I ask .0014 for them   that is 1.75 btc  while this would seem terrible in terms of my 7.5 btc paid in back in july in terms of cash it is a nice profit.

Each machine we own is about 12400 shares…  so at .0014 a machine is about 17.36 btc   at .0012  a machine is about 14.88 btc.     so the correct price is between .0012 and .0015 a share.

So I will offer my 1250 shares on that link.  I need to read transfer procedure.  

So far I have sold 100 of my 1250 shares.  Thank you for the thread link.

I have now sold 300 of my 1250 shares So thanks for the thread link a second time.  Now I am a fiat roi guy not a btc roi guy.

So I got .395 btc for 300 shares  then I cashed the .395 btc. at coinbase.  

 .395 btc is  about 426 usd .  I have now fully sold my shares so thanks again.  for pointing out the transfer thread.   This allowed me to middle my profits nicely. tyrion70 I will pm the info on the transfer of the 950 shares.
hero member
Activity: 602
Merit: 500
KnC sold $1 Million per hour for the first five hours the Neptune went on sale. Crazy.

That's > 1000 TH/s. The current network is 6000 TH/s. Nice chunk of hash.

And its mostly KnC that gains from it..
sr. member
Activity: 454
Merit: 252
KnC sold $1 Million per hour for the first five hours the Neptune went on sale. Crazy.

That's > 1000 TH/s. The current network is 6000 TH/s. Nice chunk of hash.
PeZ
sr. member
Activity: 297
Merit: 250
KnC sold $1 Million per hour for the first five hours the Neptune went on sale. Crazy.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Part of the reason why we bought this GB is because the shares are exchangeable. You can "sell" these miners at any time by selling your shares, or you can "buy" whole miners by buying the shares. There doesn't even need to be a debate, tyrion and blastbob gave us a great mechanism for voting with your wallet.

it looks like you can buy/sell for ~0.0013/share. If you think we should sell miners, sell your shares. If you think it's a good deal, buy.

https://bitcointalksearch.org/topic/addiction-order-book-thread-418-mhsshare-328135


Okay good point.  So I have 1250 shares if I ask .0014 for them   that is 1.75 btc  while this would seem terrible in terms of my 7.5 btc paid in back in july in terms of cash it is a nice profit.

Each machine we own is about 12400 shares…  so at .0014 a machine is about 17.36 btc   at .0012  a machine is about 14.88 btc.     so the correct price is between .0012 and .0015 a share.

So I will offer my 1250 shares on that link.  I need to read transfer procedure. 

So far I have sold 100 of my 1250 shares.  Thank you for the thread link.
full member
Activity: 163
Merit: 100
Also from the next reports is even possible to write separatly how many Namecoin/other altcoin where mined and converted into bitcoin?

Just to know how big is the boost from the alts


(also imo with the next hoards, in maybe few weeks/1 month think that altcoins will have another boost)
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