I know I am new to this forum but I'd like to start a group buy for the Kncminer Jupiter Miner
For more information, see:
https://www.kncminer.com/products/jupiterHow this going to work?
The device is 350GH/s minimum and selling at 6,995.00. I designed the share as follows:
.5 BTC Minimum
.5 BTC = 1 Share (at current BTC/USD rates ~$100 )
1 Share = 350/140=2.5Gh/s (You need also deduct the gain against 2% fee and other expenses describe in Dividends section)
140 Shares total
The miner will be hosted in Michigan and I will provide a 24/7 monitoring service for you once the miner starts to work.
DividendsPayouts will take place bi-weekly. I will send you your profits every 2 weeks to your designated address.
The fee will be 2% of your profit + (expenses include but are not limited to, electricity, repairs, shipping, taxes etc.)
Note* if you would like to sell your shares later there will be a 5% fee
In case of non-delivery:In case KNC does not deliver I will do everything in our power to refund your (and our own) investments. I cannot guarantee this however. Buying these shares means you agree to not hold us responsible in case KNC does not deliver.
In case of hardware failure:In case of hardware failure I will have KNC repair or replace the machine. Any costs involved will be deducted from payment as costs.
How to order?Pay to this address: 1Bgo5AqGpA2af1VrwXsyz4nWR7ig5AkDej
* PM me/and post the transaction ID (txid) in this thread. **ONLY use sending addresses you fully control.** I will use the sending address for BTC payouts for your share ownership!
I also created a google docs to track the payment and dividends and I will update it frequently:
https://docs.google.com/spreadsheet/ccc?key=0AtF8fHhn5HRtdE5aRkVfZmR1R0ZTYUtZaUJrb2o0WVE#gid=0If you wish to pay by paypal, please PM me.
About MeI am a personal miner myself, but I wanted to play something bigger and mine more bitcoins. And that's why I started this post. Bitcoin is build on trust and I hope people can trust on this first bigger shot.
Although mining bitcoin in this way seems to be profitable, nobody can guarantee it. Let's start our venture.