Hello Guys and sorry for this late update!
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Premises: Titans thread has just been re-opened and updated, no "bad" news so far.
Neptunes updates are being dispatched only via PM (since months), not publicly, also due to the complexity of the Neptunes situation and to legal reasons once at this point.
Please, don't mix the two classes/kinds of machines/orders/situations, also in order to avoid confusion and misunderstandings.
ANYONE who contacted us via PM got updates on a regular basis (except who wrote during our holidays).
We are suffering like you from an huge damage and we are taking huge risks too since a long time... however, we're here with a positive spirit, trying to do our best to mitigate such damage and keep in balance above other user's useless madness... it's really stressing as you can easily guess...
blame KfC, not us, for what is happening...
Thank you for reading and Cheers!
-akw-
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TITAN GB RE-OPENED (NEW SHARES) !!!
AS OF NOW: 162/162 shares available! Check below for the details! ...don't be late! 
UPDATES (11-09-2014) NEW SHARES:KfC announced today the incoming Titan shipping (starting from the next week), you can find the original news here:
https://www.kncminer.com/news/news-106In the interest of this group buy and its success, we have to get ready to receive the miners and prepare for having them fully operational.
we need to fund the buying of the necessary PSU units and to pay for the VAT that was suspended when we paid the machines (we hoped for a better btc/$ change...).
Two addresses will be written below where to collect the bitcoins for these "operations"
The amount of the VAT is 22% so, 2 X (9995 X 22%) = 2 X 2198.9 = 4397.8 $ total
The amount for the PSUs is 260 $ each so, 4 X 260 = 1040 $ total
The PSUs should cover at least 1100W per machine (4 cubes each) and let us some room for overclocking them. We thought about 2 X corsair AX860i per each machine, such PSUs, very efficient ones, have good protections against "electrical issues" and fire hazards, a lot of PCI-E connectors and will let enough room for overclocking. We are able to find each AX860i @ 198€ or 260$ shipped, new and with guarantee.
Using a "fixed" exchange rate @ 480$/BTC, the above amount are:
4398 / 480 = 9.17
BTC1040 / 480 = 2.17
BTCso, in order to cover the above expenses, we are emitting 131 + 31 NEW shares @ 0.07
BTC each
VAT = 9.17 = 0.07 X 131 shares
PSUs = 2.17 = 0.07 X 31 shares
VAT SHARES address:
12jhhmdLmaP9Lrc7TMzYPzQXDjfT2h8sG2PSUs SHARES address:
1Jhjq14BmhuofDQtvbbDfiDwmhKEHRodS2AVAILABLE VAT SHARES 131/131AVAILABLE PSUs SHARES 31/31Payment Instructions:Please, send your payments to the above addresses and reply in this topic with your username, the address you control (and can sign messages from) from where you sent payment , the number of share purchased and the TxID.
Example:Sent 0.77 [btc] from 1xxxxxxxx2amjhgx14pxxxxxMBxxxx for 11 shares
TxID 8xx8dfxxxxxxx783fxxxxxe137exxxxxxxxxxx7246f227xxx16790cfxxxxxxxd6
Thank You!
Here you can check payments live:http://blockchain.info/address/12jhhmdLmaP9Lrc7TMzYPzQXDjfT2h8sG2?show_adv=truehttp://blockchain.info/address/1Jhjq14BmhuofDQtvbbDfiDwmhKEHRodS2?show_adv=trueConfirmed Payments Details are in #2 post of this topic!UPDATES (09-09-2014):Titans orders are NOT refundable, we just checked for the nth time, absolutely and unfortunately there's no hope to get a refund.
Titans orders are not transferable to other KfC users.
At this point, GaW miners discount seems simply aa aggressive marketing operation...
We expect KfC to start shipping batch1 during this month (end of Q3) and we strongly hope that they wouldn't adopt the same behavior seen during Neptunes shipping.
We have to buy the PSUs for our machines!We have to be ready to pay the VAT that was suspended when buying, as the machines will be delivered (22%)!This post will be updated shortly with the directions for the funds collection. (since the huge damage occurred/occurring, this time we can't anticipate the required amounts, sorry...)
Suggestions are welcome and appreciated!
Thank you for reading and for your patience!
Cheers!
-akw-
----- OLD -----VAT SHARES address: 12jhhmdLmaP9Lrc7TMzYPzQXDjfT2h8sG2
PSU SHARES address: 1Jhjq14BmhuofDQtvbbDfiDwmhKEHRodS2
Payment Instructions:Please, send your payments to the above addresses and reply in this topic with your username, the address you control (and can sign messages from) from where you sent payment , the number of share purchased and the TxID.
Example:Sent 0.77 [btc] from 1xxxxxxxx2amjhgx14pxxxxxMBxxxx for 11 shares
TxID 8xx8dfxxxxxxx783fxxxxxe137exxxxxxxxxxx7246f227xxx16790cfxxxxxxxd6
Thank You!
Here you can check payments live:http://blockchain.info/address/12jhhmdLmaP9Lrc7TMzYPzQXDjfT2h8sG2?show_adv=truehttp://blockchain.info/address/1Jhjq14BmhuofDQtvbbDfiDwmhKEHRodS2?show_adv=trueConfirmed Payments Details are in #2 post of this topic!We are using here a fixed BTC/USD exchange of 500$/BTC, in order to fix a reference in the short time this GB will take to be complete.Then, a result of more than necessary amount will be re-distributed proportionally between shares OR a less amount will be covered by extending shares numbers of a few or in another clear way like someone that anticipate them and recover from first the dividend (+ maybe a little fee for service). Everything as usual!
*Dollars are used only as fixed reference as KNC does, we have to think
only in bitcoins, as natural...!
**Even if we would like to limit shares fragmentation, this little-size shares splitting is in order to allow pretty anyone to join, without necessary having to invest a big capital.
Please, feel free to share your thoughts here or to start to make your reservations!
Post your questions/comments in this thread so the answers may be useful for other Forum's members! This group buy and the consequent TITAN sharing will be managed in the clearest way possible and with an extreme care about personal privacy.
The TITAN will be hosted in our mining farm with full equipment and optionals like air conditioning, business level electricity contract, hardware firewalls, continuous surveillance and expert maintenance if needed. We can also setup a webcam in private streaming if you prefer. Basically this new mining hardware will share ALL our mining farm facilities... you can find details in Neptune's thread while I'll copy here too!
The electricity cost estimate will be released as soon as KNC will reveal additional specifications.
The dividend of the shares is obviously at net of fix costs like electricity and proven and needed maintenance maybe.
The ownership of shares will be noted (beyond this topic) on a shared (private) google spreadsheet too, in full respect of privacy, in order to better organize and manage informations and to better keep track of changes.
When you will perform the payment, be careful to ONLY use sending addresses you fully control. We will use the sending address for BTC payouts for your shares ownership and if you request change of payout address I will require that you can sign your share purchase address to make this happen OR I WILL NOT CHANGE THE RECEIVING ADDRESS. This is for your own protection.
[for shareholders will be possible to pay for fix costs (like electricity) via SEPA/bank if they want, in order to save some crypto juice for example!]
The sooner we'll complete this order, the sooner we'll order another one (the second order is ready!)!Thanks for reading, better infos & updates will follow soon, please have patience!
Regards,
anykeywhy
ADDITIONAL INFOS:
- electricity cost here is of about 0.2€ kW/h (with business contract)
- we are in the same time-zone of KnCminer =>> faster/immediate/next-day assistance/RMA/support
- top-level staff, equipment & hosting services included
- mining farm resource-sharing will maximize your net gain/profit
- transparent management
- NO hidden costs - NO extra fees
- full b2b & b2p connection if needed (eg. SEPA, formal invoices,...)
- WE ARE "PLUG&PLAY"Thanks & Cheers!
-akw-
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Main rule: first come - first serve!__________________________________________________________________
Please. contact me via PM if you're interested to latest few shares remaining of PAID machines!
