Topic: DZ MC: Round 5-6, KnC Jupiters. Please move ?s and discussions here. - page 9. (Read 14070 times)

24 HOUR BTC 0.25006600

yeah it just a rough number.  (.0425 btc a share on my part) actual .04611


 comes in nice for christmas shopping.  and my 19 x .04611 just came in  .87609 btc

Well, here are the official numbers for you - payouts turned out to be just a tiny bit more than your calculated .042  I usually do the namecoin sale for the last payout of the month, so those will be added into the next (Dec 31st) payout.

Payouts - to be distributed shortly:

Okay coming up on a btc payout.. the two rigs are at the 8.5 btc mark on the 14 of dec.  plus NMC  which I do not know how many of them. 8.5 /200 equals

.0425 btc a share.    we may earn .5 btc more and we may cash some nmc out.     so the .0425 btc a share should be close to what we get on sunday.

 I have 19 shares or about  .8 btc for my shares.  All quick estimates but close.

https://blockchain.info/address/13fGQGmb6Xi576ppJTkeXk34yDDRmvxjm4
https://blockchain.info/address/19NAwha8LGpRFEBwRgjH5ZMB9YyXeqyY9V

 our 2 wallets.


edit  we have 9 coins now  so   If expenses are .5  8.5 will be paid out and shares will be .0425 each

  The world of btc moves very fast.  the chance to sell at crazy high numbers is gone.  we should mine  and hope for a btc rally .   I for one did not vote to sell machines at lower then 18k.  right now buyers willing to spend 18k are gone the buyers willing to spend 23k are long gone. I posted a legal solve to force obeyers to pay us in btc and I posted the offer given at 23k.  I mentioned holding both machines gave us no protection against a drop in btc.

 Well the drop in btc price  happened and diff will jump 25-30%.   machines list for under 15k on ebay


http://www.ebay.com/itm/KNC-Kncminer-Jupiter-Bitcoin-Miner-550-GH-s-IN-HAND-USA-/131063021242?pt=LH_DefaultDomain_0&hash=item1e83f6feba

http://www.ebay.com/itm/550-GHs-KnC-Jupiter-Bitcoin-ASIC-Miner-In-Hand-USA-/181276475470?pt=LH_DefaultDomain_0&hash=item2a34eb804e


http://www.ebay.com/itm/KNC-Kncminer-Jupiter-Bitcoin-Miner-550-GH-s-IN-HAND-USA-Ships-FedEx-/291030988674?pt=LH_DefaultDomain_0&hash=item43c2cc7782

so listing at 18k on this site is not going to work.  selling window is gone.  it could open if btc goes up again.

Since this buy made money for me and involves many people I knew that proper investment strategy  would not be done if put to a vote.  Basically same is happening with r9 -r12  a large amount of people know one thing I must roi in btc.
 That is death for proper investing as it creates no flexibility and cuts off huge options.

 But be happy this r5-r6 made you money and can still make more money and if btc jumps to 1.5k or 2k on the 15th of dec all the people that said hash hashes  no sale will be the clever ones.
            oh I do not need to sell in a gray market under the table sale.

Hate BFL so much, they FINALLY sent me my piddly little single and I had NO CHOICE but to pay the $250 custom's and brokerage cuz it came to Canada.  If I refused delivery BFL woulda just taken the unit back and given me no refund and i'd be boned.  But fortunately there are crazy and foolish people out there lol.  

I listed it on e-bay and my BFL LS sold for $2300, like .... wow there are some very under informed people out there, but if they want to give me their money they're cool in my books.

Anyways, what the heck is going on here.  We had a TINY window to decide to sell one or both on e-bay and now they sell on there for a fraction of what this idea was, no more $22k Jupiter's.

Why do we need a UNANIMOUS vote when several of the investor's in the R5/R6 program's are never going to vote because they invested just to get a bi-weekly payout and not have to proceed with any further communication's with you guy's, they just did it for the payout.  

I know this cuz I was going to be one such person, I didn't care what e-mail's/forum post's etc. were posted about the R5/R6 project, I just wanted to see some BTC sent to my wallet every other week until the 6 month mark.

Now the price of BTC tanked 50% in one day, and managed to grow back up to around $900,this is still a huge drop.  If the Winklevoss Brother's decide to liquidate their Venture Capital in BTC the entire value of BTC could crumble to nothing and you can't sell these Jupiter's for those crazy $2x,000 that you only had a small window to do so.  There's an overwhelming 58.6% of people who voted on the poll voting to sell one (or possibly both) unit's on e-bay, so why are we still waiting as our options reduce in what we'll get in return every single day.

When BFL fucks everyone again and their Monarch's start pushing the difficulty up at a fast pace the nearly 1 BTC payout's I was receiving based on my investment are gonna drop to like one bitcent.  The last two payout's alone went from about 0.75 BTC to 0.44 BTC.

It's clear that the value of KnC's Jupiter's to contribute to the total hashing rate on the network is going to go down rapidly with Monarch's, Neptune's, etc.  Which are either already shipping or just weeks away from it.

Why haven't you kept any of us updated, i've been looking for weeks now day after day for you to announce the decision you've made.  I gather from reading through difficult to find information that you're , selling one (or both I don't know, you never mentioned) that you've got one (or both) listed for sale on here .... for $22k ?!?!

I don't know how out of date this information is cuz as I said i've not been updated at all, and even after offering you an escrow service though -R- did msg me he forwarded it to the GB coordinators, it's been a WEEK and i've heard nothing. (thank you -R-, you're like one of the few whose actually given me any sort of information as time goes on).  A week is like an eternity right now, companies are Industrializing bitcoin mining and every single day the total network hashrate is growing fast, and who every thought that BTC would stay at $1500?  It's slid to under a grand already in just a matter of a few day's.

You'll never sell those Jupiter's for $22k, on here or on e-bay, so what is this group buy going to do?  Are we going to just keep hashing at an exponentially reduced rate of BTC generation?  I look forward to my 0.04 BTC next payout (SARCASM), but just want to know what the hell is this GB/project going to do?

I also need you to tell me if you want my help in offering the escrow service of a business i'm a member of or not?  It could let you list it in several other online market's (that would only otherwise accept PayPal).  If you don't then please just tell me because i'm only holding my account there for the purpose of helping you and want to sell that account if you guy's don't want/need the use of a secure escrow (Tor based).

I'm sorry to sound so rude/angry, but i'm frustrated and upset because no one is telling me shit and I dropped nearly a grand on this group buy to who are all stranger's to me and I want, no NEED to know what the hell you're going to do?  

Are you selling 1, selling 2, gonna keep hashing with 1 or 2 of the Jupiter's?  Where are you selling them?  Do you even think they'll sell at the price your asking? Do you want escrow so you have more marketplaces to sell them on (legal marketplaces!) ?  Is it even worthwhile to sell them since you just sat on your hands in the very short window where the unit's could have been sold for a lot of money on e-bay (I only see a handful of listing's now and most are for about  $7500, I only see one listing that's up to $15k (lucky guy).  The price of BTC has slid already back down to ~$900.

If you already have made a decision then why haven't you told the investor's?  (or maybe you did, but you didn't tell me anything or post in here anything of relevance).  I don't want BTC 3 weeks from now (from a unit sale if you did decide to sell them), it's value as far as i'm concerned is not congruent with waiting weeks on end and being totally in the dark.

All i've gathered is that you've had two offer's for $23k each, but on e-bay and I don't know when that was.  I will gladly give you my account (but want my $400 it cost to get the account ) on a service that only accept's BTC and uses a legitimate escrow service if either of those offerer's are willing to buy the unit's with BTC.  Yes it's on the 'dark net .. undernet ... whatever you want to call it, the majority of what we call the internet!'  I won't lie, it's a business that sell's contraband, hence the undernet and need for BTC payment only, but it has no CP (o god if I ever saw CP i'd throw up on my computer) and sells a variety of goods.  All i'd need do (or you as i'd be giving you the account login and password and the account would be yours ... so I can't intervene or whatever) is create a CUSTOM listing with no information in it (to keep the contraband side away from the ... need to sell Jupiter's side) and have one of those potential user's buy the listing, only caveat is the only form of payment is BTC.  Ship tracked and the site's coordinator's will ensure his BTC are released from escrow to you (i've made hundreds of sales, i'm absolutely confident and certain your money will be released from escrow to you).

I honestly don't care if you want to use an escrow service or not, i'm just describing that I can help, and since nobody knows how to GPG encrypt me a msg (my pub key is at bottom if you change your mind) I have to explain all this out in plaintext blah.

All I care to know is ... what are you guys doing RIGHT NOW (not what your plans are) regarding the R5/R6 GB?  One day can destroy all your plan's, you can't be waiting when all this hardware is popping up that pushes out multi THash/s.  I just want to know what today, December 9 your decision has been and what you ARE doing right now, not what you WILL be doing?

J

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Auction listing if you know anyone looking for a KnC Jupiter.

https://bitcointalksearch.org/topic/knc-jupiter-550-ghs-used-run-by-the-dz-miners-cooperative-363795

Where else should we list (sans PayPal payment)?

Philip, if we can still somehow get that price, I suppose we should go for it.

For now: I've listed it on our site as used at $22K, if anyone wants to pay the "Buy It Now" price I have listed there: http://www.dzminercoop.com/?p=1150

This price is approx. 3x the USD value of miner we paid for alone, let alone the miner payouts we've already received. Will also list it on the Auctions or Sales forum now too, starting at $18K.

I vote hash as the price for these machines tanked.

http://www.ebay.com/itm/Bitcoin-KNC-Miner-Kncminer-Jupiter-565-GH-s-in-hand-/301036155625?pt=LH_DefaultDomain_0&hash=item46172732e9

http://www.ebay.com/itm/KNC-Miner-Kncminer-Jupiter-Bitcoin-Miner-550-GH-s-IN-HAND-USA-1-/231108606134?pt=LH_DefaultDomain_0&hash=item35cf2578b6


we had a 23k offer on the table  with no paypal.  the two above are under that and allow paypal.


Lets hope for the best.  BTC to the moon

Left my personal feelings on the poll.  I would be happy to sell both of my r5 shares (if we netted 20k+ per machine) and roll over the money into R17 for hopefully more hashrate come February.

Please see the following poll, it shouldn't take more than 5 minutes to complete and should give us a better understanding of how everyone feels, stats will be posted after most people are accounted for (hopefully around 48 hours) the only thing that won't be posted is the username of the submitter.

https://docs.google.com/forms/d/1_iqnJiTeBKraN0mRw533EjsPWlGI2WPYoLgO9gppXlM/viewform

well I am voting  sell one keep one .

 but if sell both is my only choice I would sell both.  

Does every one agree on this.

Personally I think we should sell and lock in the guaranteed BTC. Now, if we could mine for 2 more weeks and then sell, I would be OK with that, but then sell for sure.

4 weeks will be 4 months if you were one of the first to order. I would take that one with a grain of salt.

 comment delete

I think we should hold for one more round of dividend payment on 16/12/13 & then sell these units because bitcoin difficulty is not going go up drastically up in 15 days from now even if Cointera & hashfast start to ship.. which seems very unlikely

Edit just found out that BFL Monarchs are going to hit difficulty hard in about ~4 weeks time , lets sell these asap !!!!

I dont understand, why almost everybody calculate with bitcoin price. The price (mainly increase) wont affect us, if we sell it or not. The only thing that matter is difficulty. If we sell it and difficulty goes down, then we made mistake (highly unprobable). We can mine around 12-17 BTC this year and about 23-40 BTC at all. So if we sold it at $28k, we could earn about 28 BTC now! Thats almost the same amount we can mine next year. Again, the price of BTC affect us only, if it goes down. But when we have our bitcoins in hand, we can decide, if we want to hold them or sell them. Not with BTC which will be mined in two, three months.

That's amazing that in USD ROI terms, just this half month almost generated more per share than we paid for 1 share, thanks to Bitcoin's rise in value, and thanks to other manufacturers not shipping miners yet.

The majority voted to sell this miner and we will if that's what the majority want.

We could probably get $18K-ish for it. For the sake of simple math: Assuming each miner makes $15K each month, that $18K only represents about 5-6 weeks worth of mining at current BTC values.

Shall we still sell or revisit this in a few weeks?

Lets hold till 16/12/13 & not every body here has got shares in both r5 & r6 so I hope you understand every ones perspective as well