Topic: [Group Buy 1 &2 SOLDOUT) AVAIL 1 KNC SATURN [200GHs Miner] Day 1 Deliver (Read 14352 times)
January 06, 2014, 02:56:54 PM
Just to follow up on my last post, Charles got me straightened out and I received my payout. Thanks!
January 06, 2014, 01:10:53 AM
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.
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.
December 04, 2013, 01:49:31 PM
Hello Charles,
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.
- 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.
December 02, 2013, 06:54:58 PM
Hi Charles just wondering when the next payment for Jupiter buy is coming through?
Cheers
Cheers
November 27, 2013, 05:40:28 AM
GROUP BUY is up for Neptune units.
https://bitcointalksearch.org/topic/knc-miner-neptune-3000ghs-group-buy-all-soldout-347845
https://bitcointalksearch.org/topic/knc-miner-neptune-3000ghs-group-buy-all-soldout-347845
I'll not be part of it this time but I wish you good luck.
November 26, 2013, 01:49:18 PM
GROUP BUY is up for Neptune units.
https://bitcointalksearch.org/topic/knc-miner-neptune-3000ghs-group-buy-all-soldout-347845
https://bitcointalksearch.org/topic/knc-miner-neptune-3000ghs-group-buy-all-soldout-347845
November 26, 2013, 01:15:37 PM
Yes, I am creating it today. I've already purchased and paid for the units.
Charles
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.
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.
November 26, 2013, 12:34:16 PM
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.
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.
November 08, 2013, 03:05:15 AM
Awesome work Charles (and Superresistant), i would happily join another group buy you put together.
November 08, 2013, 01:40:49 AM
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
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
November 07, 2013, 11:32:13 AM
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.
November 07, 2013, 11:09:34 AM
Thx everyone. It's done, we've got everything. Charles will now pay everyone.
November 05, 2013, 08:47:38 PM
Thanks guys! I think we can send a tip to both of you... 
Charles, you got pm bro.
Charles, you got pm bro.
November 05, 2013, 07:53:35 PM
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
superresistent has done a great job in securing the sales for both units. we all thank you for working so hard on this.
Charles
November 05, 2013, 02:50:15 AM
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.
November 05, 2013, 02:06:08 AM
Could someone let me know how much BTC we'll get for each share after the units are sold?
thanks
Colin
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??
November 04, 2013, 11:15:38 PM
Could someone let me know how much BTC we'll get for each share after the units are sold?
thanks
Colin
thanks
Colin
Easy, something like 31btc to split amongst 80 folks.
November 04, 2013, 10:25:21 PM
Could someone let me know how much BTC we'll get for each share after the units are sold?
thanks
Colin
thanks
Colin
November 04, 2013, 07:31:46 PM
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
Charles
Great news!
November 04, 2013, 04:56:39 PM
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
Charles
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