Topic: [CLOSED]R5: KnC Jupiter, BELOW-COST+Host! $78+Bonuses! Hashing, 1st payouts sent - page 3. (Read 30647 times)

In USD terms, we're at about +5% ROI.   I wonder if we'll see Bitcoin at $300 next week?   w00t !!

The next payout is scheduled for Friday November 15th.  That will be the first payout that hosting fees will need to come out of.  And speaking of hosting fees, I need to call a vote on making a correction to the original terms of the GB which states that hosting fees are 2.75%.

The problem here is that hosting costs are in USD, not BTC, and the electricity, internet, rent, utilities, maintenance fees, and all the other hosting expenses need to be paid in USD.  In US Dollar terms, the hosting fee is $200 per month, or $100 every payout.  (That's a special GB reduction from the $220 per month that I originally paid for hosting these machines.)  

This amount is almost 50% less than KnC charges for hosting, and about 30% less than CoinTerra plans to charge for hosting.   In short, it's a very good deal at $200 per month.  Paid this way we can continue operating the machines until they aren't mining approximately 0.3 BTC every two weeks - probably well into next year.  

On the other hand, as difficulty rises, 2.75% probably won't cover the hosting costs past the next payout - it drops below the cost of hosting when the machines don't return at least 11 BTC every two weeks.  So, the bottom line is this, either we modify the original 2.75% terms to be $200 per month, or we have to shut down the machines much earlier than we really need to.

I vote my 5 shares of R5 and R6 for modifying the terms of the GB to change the 2.75% to be $200 per month so we can continue hashing longer.  

Votes, please?

  

15th or 16th of this month , cant wait

hi, when will be next payout ?

https://blockchain.info/address/19NAwha8LGpRFEBwRgjH5ZMB9YyXeqyY9V     =  1.25 btc


https://blockchain.info/address/13fGQGmb6Xi576ppJTkeXk34yDDRmvxjm4     =  1.25 btc



both are earning   the same coins   so they are hashing

I've started cashing out the NMC we've accumulated on btc-e.  Selling them for BTC is going rather slowly, but as they are sold, I'm sending the money to the R5/R6 GB wallets.  204 NMC should net us about 0.4 BTC - every little bit helps!

-R-

Hmm we only put the 2 R5/R6 on the site, was just about to add the BA rounds address to it.

I was actually looking at the BTCGuild API (last night) to see if it could give me a clue as to why the plugin stopped updating, and came across this data:

{"worker_name":"DZgb5_1","hash_rate":0.00,"valid_shares":124801770,"stale_shares":168066,"dupe_shares":219840,"unknown_shares":420,"valid_shares_since_reset":124801770,"stale_shares_since_reset":168066,"dupe_shares_since_reset":219840,"unknown_shares_since_reset":420,"valid_shares_nmc":0,"stale_shares_nmc":0,"dupe_shares_nmc":0,"unknown_shares_nmc":0,"valid_shares_nmc_since_reset":0,"stale_shares_nmc_since_reset":0,"dupe_shares_nmc_since_reset":0,"unknown_shares_nmc_since_reset":0,"last_share":7394}

last_share = 7394 seconds ~ 1.8 hours ago. Seems to be hashing just fine now though.

If we started trying to set up more group buys on it, it's possible the new ones are failing/causing the rest to fail as a result. I didn't think to have it fail nicely.  Worst case the short burst of updates is triggering DDOS protection on BTCGuild. That would be (slightly) harder to deal with.

Think its just not refreshing, either way the plugin is meant for a estimation and not a this is how much we have / will be getting. For that please check the bitcoin address.

Hopefully it'll fix itself, which it usually does.

I'm showing "last update" by the plugin at 15 hours ago.  Something wrong with it?

Hold on, no update in 11 hours and 0 hashrate on one of the miners for nearly 2 hours and this thread hasn't exploded with anxiety yet? Must be Friday.

Thank you Easter Bunny!  Brak Brak!

I'm not sure what's up with that - it hasn't been included in a block yet, but that TxID for R6 is a cut-and-paste right from bitcoin-QT. 

Starts with a6, ends with e3

Transaction fee: -0.00009935 BTC
Net amount: -12.34520998 BTC
Transaction ID: a60b1cf6c9e66940f6a9223ad226f051d2b3dc3f57b23370cb59cada650599e3

Ummm.  Ok - I'll bite.  What's wrong?

very nice  this and r6  are 2 of the best deals I have done with BTC.  

Once again guys

THANK YOU ALL for your hard work and attention to detail that makes this GB the success it is
So glad I found DZ's Co-op program as my first bitcoin venture

Thanks -R-
something wrong with this Transaction 

EDIT: I mean R6 Tx ID

 


 both groups r6 + r5  add to 19 shares x .12345111 =   about 2.34557  nice!!

Thanks, from DZ and the whole GB crew!

Next payout coming up on November 15th.   Let's hope that BTCGuild keeps rocking the way they have been the last few days !!!

Enjoy !!