Topic: [closed][Groupbuy] !NEW batch KNCMiner - 8 sold! SOLD OUT - page 4. (Read 20830 times)

We have a short status update for everyone.

Shipping days
As most of you are aware we have added Day 1 or Day 2 to the orders which were based on pre-registrations. This is mostly complete now with only a few exceptions needing to be solved. Going forward we will add Shipping weeks to the other orders such as Week 1 or Week 2.  This will happen nearer the end of August so until then you can assume that shipment queue is based on payment date.

Chip progress
We get a lot of questions about where we are in the process of our production. We would like to assure you all that we are on track for the first shipment in September
The Chip manufacture is currently in production of the Chips and all other sub components that need to have been ordered at this stage have been.

Hosting
We have our final costs for hosting which will be 350USD per Jupiter per month with a 6 month contract as a minimum, We will only allow the Jupiter models to be housed in our secure location.
There will be a mining pool onsite that will charge a very low pool fee around 2%. Only hosting customers will be allowed to use our mining pool.
More information on the hosting will follow

Upgrade Modules

We will be adding to our shop the upgrade modules to allow customer who have purchased a Saturn to upgrade their order to a Jupiter. The same goes for a Mercury upgrade to a Saturn. These upgrades will be available in the next few days.

boss, can you consider adding 2 miners for this batch?  i guess it would only take 1-2 days to consume the 2 miners.  when will the group buy 3 start?

Someone else mentioned paying as a gift gets around the fees in PayPal? but not sure if that works. But either way we could have the buyer pay the extra amount if we know exactly how much it is?

Also USD to btc is back up around 78 which is positive

Actually yes, we've been thinking of using paypal. The only problem is costs arent transparent. I've done a paypal transaction last GB, which ended up with little over 5% transaction fees! This was due to payment coming from another continent i believe. The receiver has to pay the costs.

We could do paypal, but then we'd have to make sure we can buy a whole miner thru paypal before anyone actually sends any money. Any ideas are welcome..

Cheers

Would you consider $usd vs btc to help spread the risk do to the current volatility?

Hey guys,

@btceic, thank you for the compliment! We are planning a new groupbuy, but with the current BTC prices we feel we should wait at least a bit to see if it goes down more or stabilizes. If we were to do the same groupbuy again, we'd have to raise the shareprice to at least 0.42 to ensure we don't have to add our own money again. We've had to do that twice and even though we'll get it back when the miners arrive it's starting to become quite an amount

@KSV with regards to the BFL miner; we can add hashing power but at a set "price" per GH as described in the IPO agreement. One addiction share equals 32.23MH, so we could issue 50.000 / 32.23 =~ 1550 addiction shares at market price if we add the miner. At current price that means 1550 * .0111 = 17.2 BTC. We would also require that the miner would be physically added to the existing ones. So as things are standing now, we can't But we'll have to see how things look when we start hashing..

Cheers

tyrion70 && blastbob,

Now that terrahash has proven to be unreliable and a possible scam, it is even more important that the slack be taken up by outstanding members of the community such as you.

I have requested a refund from my terrahash orders and will be re-deploying those funds (when I get them back) towards additional hashing power from somewhere, I would like to spend that money with you, as you have proven beyond a shadow of a doubt that you are willing and capable of pulling this off.

I would like to get in total 100GH/s of hashing power of which I currently have ~60+ between the 2 KnC group buy's that the two of you have put together.

Please re-consider additional group buy's.

no prob,

i should have bought sooner


give message on the dutch forum if you are starting up a new buy and i'll order some shares

grtz

you havent update my reserved confirmation tx id yet 

Hey all,

We are now officially sold out on this GB, we even oversold, cause another 20 shares were bought thru PM this morning

We'll probably start another one this weekend, as soon as we've processed this one completely and send everyone PM's again with confirmations on bitfunder usernames and/or payout addresses..

Thanks again for all your enthousiasm!

BlastBob & Tyrion70

LOL!