Topic: [BitFunder] - ADDICTION - KNCMiner - Now hashing at 14+TH! - page 25. (Read 74835 times)
It would seem that divs would continue being less each week. Anyone got a prediction on total divs for this month and next (until end of the year)?
awesome job as always you guys
any future plan for the next gen KNC group buy next year? by all means this could be in the next 6 months or so
any future plan for the next gen KNC group buy next year? by all means this could be in the next 6 months or so
thank you and I am a little bit closer to break even.
Thanks Tyrion and Blastbob Doing a great jorb
Doing a great jorb 
Received mine, thanks tyrion70 and blastbob, your doing a great job as always!
Dividend day!
Philip made an accurate prediction
Mined coins on which dividend this week is based:
142.17492165
Remaining one-time costs: 25 BTC
Hosting this week: 9.03451387
Dividend: 108.1404078
Dividend per share: 0.000323
Total shares on bitfunder: 151136
Direct shares: 183664
Total shares: 334800
Last list of direct shares: http://pastebin.com/X1kAcsaa
Direct share dividend has been payed in transaction 157f0f7ef12f1668c6603502162687a2b16fde6fed4e4c49888064753d507823
Bitfunder shares have been payed as well. The costs will be transferred as soon as the coins mature (need 120 confirmations)
Important note, there are still invalid addresses in the bitfunder asset list: https://bitfunder.com/assetlist
Please ensure to update your address if you use bitfunder! The address should be one you own and can sign with!
Cheers,
Philip made an accurate prediction
Mined coins on which dividend this week is based:
142.17492165
Remaining one-time costs: 25 BTC
Hosting this week: 9.03451387
Dividend: 108.1404078
Dividend per share: 0.000323
Total shares on bitfunder: 151136
Direct shares: 183664
Total shares: 334800
Last list of direct shares: http://pastebin.com/X1kAcsaa
Direct share dividend has been payed in transaction 157f0f7ef12f1668c6603502162687a2b16fde6fed4e4c49888064753d507823
Bitfunder shares have been payed as well. The costs will be transferred as soon as the coins mature (need 120 confirmations
)Important note, there are still invalid addresses in the bitfunder asset list: https://bitfunder.com/assetlist
Please ensure to update your address if you use bitfunder! The address should be one you own and can sign with!
Cheers,
^probably good for those who managed to sell all of their shares when the price was up to 0.007-0.01 and then buy it again at the 0.0025 price point..
yup, sucks to those who didn't opt for the bitfunder and stay with direct shares at the first place
yup, sucks to those who didn't opt for the bitfunder and stay with direct shares at the first place
WELL bitfunders timing really hurt usa guys like me.
I did a usd cash calc which for tax purposes would be correct I purchased 1250 shares at 771 usd back in June 2012.
my return as of today's btc price need to be 3.73btc. to break even . this will be close to that when all is said and done.
I think my gain will be a bit over 150 usd . Which would be 20 percent .
^probably good for those who managed to sell all of their shares when the price was up to 0.007-0.01 and then buy it again at the 0.0025 price point..
yup, sucks to those who didn't opt for the bitfunder and stay with direct shares at the first place
yup, sucks to those who didn't opt for the bitfunder and stay with direct shares at the first place
Allright dividend time!
Total mined btc this week: 182.3538877. The last difficulty raise caused us to mine only 30 btc in two days as opposed to ~27-28 per day the days before that.
As said last week we'll deduct the remaining one-time costs this week and next week. This week we'll deduct ~2/3rd of the remaining 72.50701867. Thats 47.50701867 btc (leaving 25btc for next week).
Hosting cost for last week are 10.16129032 btc. We pay hosting costs each week up-front so this amount will change each week as btc/eur price changes.
That leaves for dividends: 124.6855787.
Since all shares have been destributed we will not use the old GB shares anymore but only the bitfunder ones (in numbers). In bitfunder terms there are 27*12400 = 334800 shares.
Currently there are 69572 direct shares and 265228 shares on bitfunder.
Dividend per share = 0.00037241 btc.
Dividends will be payed in the coming few minutes.
Cheers
EDIT: latest list of direct shares, now complete with GB2 and GB3 direct shares: http://pastebin.com/7aEjmQqd
Total mined btc this week: 182.3538877. The last difficulty raise caused us to mine only 30 btc in two days as opposed to ~27-28 per day the days before that.
As said last week we'll deduct the remaining one-time costs this week and next week. This week we'll deduct ~2/3rd of the remaining 72.50701867. Thats 47.50701867 btc (leaving 25btc for next week).
Hosting cost for last week are 10.16129032 btc. We pay hosting costs each week up-front so this amount will change each week as btc/eur price changes.
That leaves for dividends: 124.6855787.
Since all shares have been destributed we will not use the old GB shares anymore but only the bitfunder ones (in numbers). In bitfunder terms there are 27*12400 = 334800 shares.
Currently there are 69572 direct shares and 265228 shares on bitfunder.
Dividend per share = 0.00037241 btc.
Dividends will be payed in the coming few minutes.
Cheers
EDIT: latest list of direct shares, now complete with GB2 and GB3 direct shares: http://pastebin.com/7aEjmQqd
SO we are nearing dividends. we earned 134 btc
https://blockchain.info/address/1AddiCt8ghkH8zwPpcv8W8SxcQEoGTSJFS
minus 25 btc = 109 btc minus 10 btc for power = 99 btc divide by 334800 shares = .000295698
I have 1250 shares so I would get close to .37 btc this week.
the .00295698 a share is close but I would think it will be a little higher. we should earn a few more coins in the next 6 -12 hours.
last week it was .0037241 a share.
this buy has been okay run well and in terms of usd (which is how my tax return is done) it looks like it will turn a profit by years end.
in terms of BTC it will take longer. thank you to the runners of this buy. bob and tyrion
after 5 days of period, addiction has managed to mine 85btc only, as opposed during the first/second week, where it managed to accumulate up to 150btc at this days
them difficulties
them difficulties
Hey guys,
Short update.
We've updated part of the miners to the 0.98 firmware. It does seem to run a little smoother than the older firmware but so far no spectacular differences.
We've processed all transfers to private shares so far. The latest list including GB2 and GB3 private shares can be found here:
http://pastebin.com/KyYnEMZQ
You can still request a transfer to private shares. To do this transfer your shares to the ADDICTION account on bitfunder and send an email to [email protected] containing:
- Your bitfunder name
- The number of shares transferred
- The BTC address you want to use for payouts. Make sure you use an address you actually own and can sign messages with!
With regards to verification on weexchange and bitfunder it is our understanding that those who are not verified by December 1st will have their shares transferred to us automatically. What we are not sure of is what information we will receive at that point. Possible only the public BTC address you filled in on bitfunder.
We've checked the current list of shareholders on bitfunder and we see that some people have used non-valid btc addresses like:
empty
635a91d71c72e64f2be449065407ac59b213eb127b279 and
1aa064c8-23fe-4292-b48c-edea42d678d7
We strongly advise people that will not be verified to follow above procedure to transfer their shares to private shares and not wait for December 1st to have it done automatically. December 1st is a Sunday and dividend day so we won't really enjoy having to process a lot of transfers on that day.
Also if you are verified please ensure to check your bitfunder btc address. If Bitfunder ever shuts down completely the asset list is the only way for us to pay dividends. If your address there is wrong or you can't sign with it there is nothing we can do for you.
We think we've covered most of the latest questions above. If you still have questions please let us know
Cheers,
Short update.
We've updated part of the miners to the 0.98 firmware. It does seem to run a little smoother than the older firmware but so far no spectacular differences.
We've processed all transfers to private shares so far. The latest list including GB2 and GB3 private shares can be found here:
http://pastebin.com/KyYnEMZQ
You can still request a transfer to private shares. To do this transfer your shares to the ADDICTION account on bitfunder and send an email to [email protected] containing:
- Your bitfunder name
- The number of shares transferred
- The BTC address you want to use for payouts. Make sure you use an address you actually own and can sign messages with!
With regards to verification on weexchange and bitfunder it is our understanding that those who are not verified by December 1st will have their shares transferred to us automatically. What we are not sure of is what information we will receive at that point. Possible only the public BTC address you filled in on bitfunder.
We've checked the current list of shareholders on bitfunder and we see that some people have used non-valid btc addresses like:
empty
635a91d71c72e64f2be449065407ac59b213eb127b279 and
1aa064c8-23fe-4292-b48c-edea42d678d7
We strongly advise people that will not be verified to follow above procedure to transfer their shares to private shares and not wait for December 1st to have it done automatically. December 1st is a Sunday and dividend day so we won't really enjoy having to process a lot of transfers on that day.
Also if you are verified please ensure to check your bitfunder btc address. If Bitfunder ever shuts down completely the asset list is the only way for us to pay dividends. If your address there is wrong or you can't sign with it there is nothing we can do for you.
We think we've covered most of the latest questions above. If you still have questions please let us know
Cheers,
I'm looking to sell my remaining 2500 shares (that's 100ghash in total [40mhash * 2500]) for the US buyer, ready to transfer specifically on the 11th November, due to the fact that I've an order pending for payment soon and I'm in need to convert those to fiats. For those who are interested, you may PM me directly to talk about the price
Pricewise should be lower than CEX are offering
For the transaction, we can have Tyrion70/Blastbob as a middleman if that's ok
Pricewise should be lower than CEX are offering
For the transaction, we can have Tyrion70/Blastbob as a middleman if that's ok
Price/share?
anyway, if there's another groupbuy for a new GEN2 machine with better hashrate/price in the future, ADDICTION would definitely be my top choice
can i still convert my existing bitfunder shares into direct shares?
@tyrion70what to do with the shares if some-(or every)body will leave Bitfunder?
any way to direct shares?
im looking to sell 1240 shares to someone in US, PM me if you are interested, also with a price offering per share. thanks.
Just wondering why you want to sell to someone in US ?because they can't buy it any other way, perhaps he's expecting a premium?
im looking to sell 1240 shares to someone in US, PM me if you are interested, also with a price offering per share. thanks.
Just wondering why you want to sell to someone in US ?
im looking to sell 1240 shares to someone in US, PM me if you are interested, also with a price offering per share. thanks.
I have a doubt regarding weexchange verification, only with my government ID is enough or I have to reach 100 points?
You have to reach 100 
I'm looking to sell my remaining 2500 shares (that's 100ghash in total [40mhash * 2500]) for the US buyer, ready to transfer specifically on the 11th November, due to the fact that I've an order pending for payment soon and I'm in need to convert those to fiats. For those who are interested, you may PM me directly to talk about the price
Pricewise should be lower than CEX are offering
For the transaction, we can have Tyrion70/Blastbob as a middleman if that's ok
Pricewise should be lower than CEX are offering
For the transaction, we can have Tyrion70/Blastbob as a middleman if that's ok
Price/share?
I have a doubt regarding weexchange verification, only with my government ID is enough or I have to reach 100 points?
Update about the miners condition? everything is going ok?
So far no complaints on our side. As you can see on Eligius the miners are running stable. We've updated three miners to 0.97 a few days ago because they ran <500GH. One miner has now been ~520 for a few days, the other two are still below 500. A new firmware is expected tomorrow (https://www.kncminer.com/news/news-59). We'll be testing that on a few miners first before upgrading all of them. A word on pools then, we've tested p2pool and btcguild in the first ~week after receiving the miners. Both did not give any hopeful results (we use both as backup pools atm). We plan to point a few miners at other pools to see if there is any notable difference. So far it seems that Eligius is by far the best pool around (no fees, tx fees distributed to miners and some nice lucky streaks as well). Eligius is also one of the few pools that offers nice public stats which we find very important transparency wise.
How's new FW doing?
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