Topic: [Group Buy]12 KNCminer Jupiter's 15 Sold [Closed] Jupiter Pool - page 14. (Read 75560 times)

Check here
http://ec2-54-229-231-38.eu-west-1.compute.amazonaws.com/groupbuy/

Yes he USED to respond.
Did you also get a statement/calculation of the payouts? (bitcoin mined, period, cost, dividend per share...?)

I did get my dividend yesterday. (a day late)
No complaints for me so far.
Soniq used to respond pretty fast , he hasn't responded to my last PM.

Anyone managed getting any feedback from soniq on this group-buy? No divided payouts for more then 2 weeks and no feedback at all. Soniq seams to completely ignore this forum,  I have also sent him a few personal messages (even when he was online) -  no feedback at all.

I am personally VERY disappointed on how this group buy is managed (if it is still managed - but at this stage we can't even be sure we'll see any future dividends on our investments). I hope it's not just another bitcoin scam

Listing on BitFunder was meant to be able to trade shares. But if you traded and finally sold shares when Jupiters started mining, your dividends are gone now.

All aspects of listing on BitFunder were not think out enough and rules were not specified. Was it my fault? I used only common logic in my calculation of dividend.

I understand there were issues with Bitfunder (Soniq helped me to solve some of them) and that it isn't possible to trace sold shares.

But there is one thing that undoubtedly belongs to me - prorated balance. Will you return it to me?

Hey soniq,
I didn't get any dividend this week, is it just delayed a little bit?
I was also wondering if we are mining namecoins?

Thanks

Do you have a scheduled time for dividend payments or is it a very manual process which takes time? I am guessing we were expecting something ~7 days. Is there an updated spreadsheet we can turn to?

Many Thanks!

any dividend payout planned to happen soon?

That's fine a webpage would be fine, but really it can be done so much simpler.
I also bought KNC Jupiter shares in ADDICTION group-buy and so far
I have received regular weekly payments since Oct 20, that is 7 weekly payments until now.
A simple report is posted, here is the last one: https://bitcointalksearch.org/topic/m.3806604

I really suggest that we invest time and focus on fixing the payment issue, and simple text report in an e-mail would suffice for now.
This will for sure address frustration of many members here. Once basic is fixed some more elevated webpage is very welcome.

Thanks

The total amount mined is at these two addresses  1MyLJvnuHxkXUp8CMPNwp1oKFz5fDsF14u   1EN3EqqQfqq484WNATFAMA13VXpJuJNv5c

All dividends paid too  date are posted in a public spreadsheet which shows all dividend calculations and total BTC paid out so far.

I am clarifying and consolidating all this information at www.coinsortium.org which I am working on currently and should be complete soon.

The issue arises when I dont know who he sold his shares too?   One of the many issues associated with Bitfunder.

I know how many shares are associated with each  payment addresses on Bitfunder, but I don't know who sold and bought what.

That is why the dividends are paid to to the payment address associated with the shares on dividend payment date.

In a private sale I would know the buyer and be able to "hold dividend payments", but in this situation I cannot.

I think the same, nor understand it.
Regards.

yes baros008, it does makes sense that you receive the dividend payout for the period you have owned the shares.
The new share owner should receive the dividend payout for the period HE has owned the shares.

If this is not the case, soniq, please clarify the rules and reasoning behind. Perhaps also update the rules so that we all know how this will be handled in the future.

Hi soniq,

Please update us on the bitcoins mined so far and dividend payments.

We have seen the excel file with the payouts.

Please share a statement and include:
•   bitcoins mined so far (please indicate the date)
•   Expenses until the date above
•   Dividend per share
•   Date of next payment
•   Frequency of regular payments and the date?

We have not seen reporting so far and the operations is not quite transparent in my view.

Thanks

mm same here

I did not received any dividend this week?
Thanks

Hi all members,

I would like to know your opinion of the disagreement I have with Soniq. We tried to solve it through PM, but our points of view are different.

I used to own 12 shares (40%) of the first Jupiter in this group buy, which were listed on BitFunder as 1200 shares.

All 1200 shares were owned by me since 21. 7. 2013 until 10. 10. 2013, then I was selling my shares gradually up to 21. 10. 2013. I still owned 900 shares on 18. 10. 2013.

I sent Soniq table with time, date and amount of shares I held on BitFunder (so he could calculate my dividend) on 22. 10. 2013, I even saw it included in KNC GB Calc spreadsheet in that time.


Jupiters were supposed to start mining 3. 10. 2013, but they really started mining 9. 10. 2013, compensation received from KNC was 5 BTC per Jupiter. I still owned 1200 shares at this time, so I should get 2 BTC from compensation.

Since this date Jupiters were mining and I still owned some shares, so I should get earnings from mining with corrected number of shares up to 21. 10. 2013.

Soniq says I sold my shares too soon and that dividends are paid to the current owner at the time of dividend payment. I read first post and through all 27 pages of the thread and I can't find this statement anywhere.

First dividend payment for GB1 was on 14. 10. 2013, on 18. 10. 2013 loan for 2 months of hosting from Jon at Bitfunder was fully paid. In this time I still owned 900 shares on BitFunder, so I should get my dividend. I don't know why he postponed dividend payment for members listed on BitFunder.

He released my dividend payment (BTC mined with my shares between 9. 10. 2013 and 21.10. 2013) and compensation for late delivery to new owner of my shares, I think it was error.

My logic says he should hold my part of compensation and BTCs mined with my shares till we clarify this situation, deduct hosting and other fees and then eventualy release my dividend.

All I got from Soniq in this group buy is test payment long time ago.

Prorated balance of 0.32 BTC (which was suposed to be returned with dividend payment) wasn't returned to me till now.




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Below is calculation of my dividend, it's only theoretical value (no problems with hosting included, no exact mining time and amount of shares calculations, hosting and fees not deducted).

-prorated balance
0.32 BTC
- late delivery compensation from KNC -5 BTC pre Jupiter x 12/30 (my 12 shares of 30 shares per Jupiter)
2 BTC
- 12 shares (200 Gh/s) mining with difficulty 189281249 for approx 3 days (9.-12. 10. 2013)
1.5 BTC
- 9 shares (150 Gh/s) mining with difficulty 189281249 for approx 3 days (13.-16. 10. 2013)
1.5 BTC
- 9 shares (150 Gh/s) mining with difficulty 267731249 for approx 4 days (17.-20. 10. 2013)
1.12 BTC

Total: 6.44 BTC

Check for your address here :
http://ec2-54-229-231-38.eu-west-1.compute.amazonaws.com/groupbuy/

I'd also pm soniq with any pressing questions, he is usually pretty good at responding.

Hi Guys,

I wonder if I am posting on the correct topic or perhaps there is another one for this group-buy.
I haven’t got access to a report on earnings and dividend payments.
The pay-outs have been rather irregular and it looks I am missing almost 1 BTC (30% of total pay-out so far)

If any additional information is available please share

Thanks

up to what date are the dividends paid?