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Topic: [Group Buy 1 &2 SOLDOUT) AVAIL 1 KNC SATURN [200GHs Miner] Day 1 Deliver (Read 14356 times)

member
Activity: 66
Merit: 10
Just to follow up on my last post, Charles got me straightened out and I received my payout. Thanks!
member
Activity: 66
Merit: 10
I don't know if anyone will see my reply here, but I owned one share of this group buy (jrlepage on the spreadsheet) and I missed the whole "test payment" thing a few months back. Honestly I kinda just forgot about this after the long wait assuming the miner may never arrive, and didn't realize we were going to have to do another confirmation.

Does anyone know if Charles can still send my payout? My address is correct on the spreadsheet and everything... I sent him a PM, just panicking slightly.
legendary
Activity: 1946
Merit: 1035
Hello Charles,

- Each share entitles the owner to 1/40 of the BTC proceeds from a KNC Miner Saturn mining 24/7 for 30 months*, payment will be made to the address of the shareholders weekly. (* Miner breaking after 12 month warranty, random acts of nature like datacenter burns down etc.,internet downtime, not covered in 24/7 for 30 months(should not be a problem))

I don't want to sound rude, but why aren't we being paid weekly proceeds like agreed by the contract?

Cheers,

Matt

EDIT: ok now that I read the backlog, I've seen you've sold the units and paid out the proceeds of the sale to the shareholders. I'd suggest you add a clause to your next GB however, because what you did was technically a breach of contract. Don't get me wrong, I totally get that it made sense, but just saying to avoid you trouble with nitpickers.
member
Activity: 69
Merit: 10
Hi Charles just wondering when the next payment for Jupiter buy is coming through?

Cheers
legendary
Activity: 2156
Merit: 1131
full member
Activity: 224
Merit: 100
Yes, I am creating it today.  I've already purchased and paid for the units.

Charles

Any interest in doing a group buy again on the new Neptune?

I don't see a price for the new 3Th/s machine but since we are previous buyers we have the opportunity to buy-in.

I'd be interested.


member
Activity: 90
Merit: 10
Any interest in doing a group buy again on the new Neptune?

I don't see a price for the new 3Th/s machine but since we are previous buyers we have the opportunity to buy-in.

I'd be interested.

newbie
Activity: 48
Merit: 0
Awesome work Charles (and Superresistant), i would happily join another group buy you put together.
full member
Activity: 224
Merit: 100
Okay all payouts were sent today.  I based the final payment on the following:

Two units sold at: 15 btc each.  30 BTC
7.64 BTC mined I just estimated cuz there's still some delayed mining left, so 7.64 is about right when you factor in the misc alt coins.

So total final payout was 37.64 BTC

Each share was worth .4705 BTC

Overall we had a total of 53.14 BTC which at current BTC price of $333 is equal to $17695

So each share got you back $221.  Those that paid with paypal basically gained about %100.

I wish we had a chance to mine longer but due to difficulty rising so much, it didn't make sense to keep mining.  Thanks to superresistant, we were fortunate enough to sell the two units above what we could have mined.  I think both superresistant and I calculated that we would have been able to mine another 13 BTC total on each unit.  But we sold it for 15 btc each so that's a win!

Thanks everyone for participating in the group buy.  It was my first and I enjoyed it quite a bit, including all the wait time to get our units!  We actually got it on time but who woulda expected BTC difficulties to go up so high!  Right now, I wouldn't buy any new hardware as difficulty is too high to make a profit.

Thanks again!
Charles
full member
Activity: 224
Merit: 100
Great Job Superresistent!  Both our units have been sold and funds received!  I will get everything processed tonight after putting the kids to bed. 

Thx everyone. It's done, we've got everything. Charles will now paying everyone.
legendary
Activity: 2156
Merit: 1131
Thx everyone. It's done, we've got everything. Charles will now pay everyone.
hero member
Activity: 812
Merit: 1000
Thanks guys! I think we can send a tip to both of you... Smiley
Charles, you got pm bro.
full member
Activity: 224
Merit: 100
Update: We''ve successfully concluded our first sale.  I will wait for our second sale to complete before dispersing all funds.  The second unit should be cleared tomorrow evening. 

superresistent has done a great job in securing the sales for both units.  we all thank you for working so hard on this.

Charles
legendary
Activity: 2156
Merit: 1131
Well that's what I thought, we paid BTC1.75 per share, and we've sold getting 0.3875 (31/80) each??

Your comparison is biased. I sent you a PM and I also posted my reply on the bottom of the calculator so everyone can see.
newbie
Activity: 25
Merit: 0
Could someone let me know how much BTC we'll get for each share after the units are sold?

thanks

Colin

Easy, something like 31btc to split amongst 80 folks.

Well that's what I thought, we paid BTC1.75 per share, and we've sold getting 0.3875 (31/80) each??
hero member
Activity: 812
Merit: 1000
Could someone let me know how much BTC we'll get for each share after the units are sold?

thanks

Colin

Easy, something like 31btc to split amongst 80 folks.
newbie
Activity: 25
Merit: 0
Could someone let me know how much BTC we'll get for each share after the units are sold?

thanks

Colin
hero member
Activity: 812
Merit: 1000
Okay both units have been shipped.  One unit should reach one of the buyer on Tuesday evening and the other unit Wednesday due to small city.

Charles

Great news!
full member
Activity: 224
Merit: 100
Okay both units have been shipped.  One unit should reach one of the buyer on Tuesday evening and the other unit Wednesday due to small city.

Charles
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