Author

Topic: For Sale: KNCminer Neptune (Batch 2) 100 shares x 25 GH/Shares $4/GH (Read 1036 times)

legendary
Activity: 1397
Merit: 1016
"Minimum 3000GH/s of hashing speed that 3TH"... so 1/100 would be 30Gh/share not 25Gh. Something isn't right...
sr. member
Activity: 368
Merit: 250
bitify.com - Bitcoin Marketplace & Auction site
I'm selling KNCminer Neptune (Batch 2) 25 GH/s Shares as a group buy...

Description

  • You’re buying 1/100 shares for a KnCminer Neptune (Batch 2) which is equivalent to 25GH/s, that’s $4/Gh.
  • You can buy as many shares as you want and all payment MUST USE ESCROW and DO NOT release escrow until all shares have been sold so we can pay for the miner.
  • The price of the share includes assembly and shipping costs. An extra 2% fee will be deducted from the coins generated before sending payment to pay for electricity and running costs. Payments will be made on a weekly basis and you will have a full access to the stats of the miner (how much it’s hashing at)screen shots and a CSV report of the weekly Bitcoins generated.
  • Mining will happen on, so far Ghash.io, but it seems that they will stop accepting independent mining (https://ghash.io/ghashio_press_release.pdf), if such happens, we will be mining on slush’s pool.
  • Electricity cost is part of the 2% fee which, again, will be deducted from the weekly payment before sending.
  • Shipping for batch 2 will Start in Q2 of 2014, no one knows how much the Bitcoin difficulty could be at by then, but presuming it increases by 300%, and the price of Bitcoin stays the same, we’re expecting an ROI in 52 days. You can check the screen shot and stats at http://bitcoinx.com/profit/
  • We will be merge mining with NMC, so you will receive your NMC shares too.


Description of miner:

Neptune is our first 20nm product and will be shipping in Q2 of 2014. This order is for the second batch which will leave about one month after the first batch
The stats and performance that we can release today are
Minimum 3000GH/s of hashing speed that 3TH Over 5 times the speed of our first Jupiter release
(we reserve the right to increase this as we get closer to shipment)
A 30% reduction in watts per GH
Based on the existing Jupiter design (See photo, however this may change as development progresses)
Shipment begins in Q2 of 2014
Bitcoins first ever 20nm miner brought to you form the company who shipped the first 28nm bitcoin miner
Limited batch of 1200 units,
Payment for this product is bitcoins and bank transfer only.

NOTE: If the shares don’t all sell within the time frame, we will be refunding all coins to the buyers. Hence the MANDATORY escrow. Please DO NOT release escrow until you’re asked to do so. I will send you private messages when it’s close to the end of the sale so you can release escrow.
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