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Topic: [CLOSED] KnCMiner Jupiter Shares GB2 - .1 per share = .4 Gh/s (Read 970 times)

sr. member
Activity: 448
Merit: 250
Closing this group buy. Please pay by Friday and be on the lookout for a 3rd group buy coming soon.
sr. member
Activity: 448
Merit: 250
Only 100 shares left. Smiley
sr. member
Activity: 448
Merit: 250
If there are 1000 shares per machine, and 750 shares are sold to the public. Doesn't that mean there's a 250 share or 25% per month service fee?

Not at all. 20% is being kept by the mining op and re-invested into additional hardware at no additional cost to the share holders.

As far as a fee goes if group buy 2 is successful it will be 2.5% as there will be total of 2000 shares issued and only 50 are being considered as management fee shares.
newbie
Activity: 37
Merit: 0
If there are 1000 shares per machine, and 750 shares are sold to the public. Doesn't that mean there's a 250 share or 25% per month service fee?
sr. member
Activity: 448
Merit: 250
Advantages of this group buy vs some of the others:

This will not become my property after X amount of months.
This will run until it is no longer profitable OR we decide to keep mining and pay for the electric/AC.
More affordable at .1 per share with no minimums.
20% of the profits are re-invested into additional mining hardware or other mining assets.

435 shares left.
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