Topic: [CLOSED] [AUCTION] KnC Mercury USA 1/25 Shares (Read 2395 times)

Sorry I was away from my desk this weekend.  I can commit to running the auction with 5.  Otherwise I'll either convert to a fixed price or cancel the sale and keep the proceeds myself.

May I know what the min shares to achieve that you are targetting? It seems like you have a number in mind. I'll try to ask around here because bitcoin is not wellknown but increasing in interest.
Thanks

Hello, i will be interested in 1 share @ 1btc, but i dont have it all right now , im mining and will have it by the end of next week

No one wants in? Too bad it looks my bid will be cancelled. 

Auction is closing early next week, with or without bids.
If I don't get at least a few more bids I'm going to have to cancel the sale and keep all of the shares  
Compared with the other group buys people are participating in left and right (myself included) I thought this sounded like a pretty good deal, but I guess if there's no interest what can I do?
Thanks everyone for looking one way or another!

I am also building a small collection of LTC miners, but as far as BTC equipment I have no plans to add more.

Thanks, Elite
Would you mind sending a PM signed with the BTC address you will use?
Also feel free to edit your post if you change your mind and you want your bid price to be hidden.

buy 1 share @ 1btc

PM'd with the signed address.

Also, will you be hosting any other equipment on site with the Mercury?

Thank you, aoshea, could you please send a PM and sign with your receiving BTC address?

I will start the countdown!

If you change your mind about staying anonymous / hiding your bid price, you can edit your post 

I bid 1 share at $80 USD via paypal.

I can accept bids and PayPal payments in USD and convert to BTC if that's convenient.

If there's any dispute or reversal I will refund the money and cancel the shares and the payouts.  There will be a deadline on receiving payment so that the payment couldn't be reversed after the BTC payouts were sent.

Sorry I missed this question.  Hopefully the comment I left above answers it.  The reason I can't say exactly how many I will keep is because I don't know exactly how many bids I will get.  If I only get a few bids I'll accept them and then I'll just have to keep all of the rest since no one is buying them.  Make sense?

Hey damiano... The shares are each 4% of the miner (1/25, ~4Gh/s) no matter how many I keep.  All 25 belong to me as of right now because the miner is paid and my address is on the order.  But if you want to own a piece, just make me a reasonable offer 

My ideal outcome would be to keep 5 and sell 20 for around 80-100 USD (1.0-1.5 BTC) each.  BTC bids I will have to accept depending on the USD exchange rate since I paid for the miner in USD.  But I might not get interest for 20, I might only get bids for 10.  Or if the bidding goes way up for all 25 shares (wishful thinking maybe  ) I will sell all 25 and use the proceeds to upgrade the miner.

Tell us how many of those 25 belong to you

Not sure. I am mainly watching here. I am in the US too, and can invest a couple BTC here and there where I see value.

I'm tempted!!

You mentioned:
OFFERING DETAILS
- There are no fees on top of this because I will take the operational expenses out of the shares I keep for myself.


I am confused on the number of shares you are keeping. You are selling 25 shares at 4ghs each, right? or, is it less?

Not yet, stex...
I would like to start the countdown to the auction close when I get the first bid.  Does 2 weeks sound right?
The longer time passes, the more it adds value to know that the order is already in the delivery queue!

No bids here? I am tempted!

Thanks! I was inspired by your success obviously, Mog. If I don't get any takers, I guess I'll have to take delivery of my miner and hope the BTC revenue makes up the initial expense and who knows? Maybe a lot more :-)

Wish you the best of luck arthurdent6.

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

I confirm the receipt of the documents below. Please note that I am not a professional nor trained in verifying documents given, so I cannot guarantee that they're 100% authentic or came from the original owner.

1. Photo of arthurdent6's Drivers License
2. Photo of a letterhead addressed to arthurdent6
3. Photo of arthurdent6's Firearm Owner's ID
4. Photo of arthurdent6 holding a piece of paper with his username
5. Photo of arthurdent6's paid order for KnC.

I promise the safe destruction of the data after the successful completion of the group buy. The data received may be divulged for litigation purposes if needed.

Thanks,
John
13 July 2013
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I'm not asking for any fees.  Electricity, cooling, maintenance, monitoring, all of that should be factored into the price that you bid.

What other fees are we looking at here?

Delivery according to the company is October, and their recent update makes it seem like they might get them out sooner:
https://www.kncminer.com/news/news-23

when is delivery

Contacted John K. to ask for identity and address verification via State ID / Passport / Mail.  This is what it looks like others have done to set up trust as group buy organizers.

https://lh5.googleusercontent.com/-0Cl68fDnyWQ/UeA-ziogw8I/AAAAAAAAAa4/S4dUvxHowR8/w957-h444-no/miner_receipt.bmp

I am also willing to use John K. or another trusted third party to verify that I own this order, and it is being shipped to my address.

Anyone else willing to provide the identity verification service for this group buy, please PM me.

CANCELLED, ONLY TWO BIDS
Timer removed. End time: 2013-08-05+23:59:59

      

Sorry to those two people that had faith in me and bid, but I'd rather not manage such a small number of shares.  Consistent with the original terms I posted, I am accepting zero out of the two bids I received.  There are a few other Saturn/Jupiter group buys where you can get payouts of 4~5 Gh/s starting in October, I suggest you look there if you're interested.