Topic: [Group Buy]12 KNCminer Jupiter's 15 Sold [Closed] Jupiter Pool - page 19. (Read 75560 times)

Just received access to KNC mining portal, less than 20 minutes ago ,  17 Jupiters are now mining.

Have received a 5 BTC  payment for  17 Jupiters

Will update more as information become available

have you got any information when first day is exactly and mining begins?
thx

nothing has been confirmed by KNC yet

any news on this, now that jupiters are apparently shipping?

Update for SNQ.CoinI  and SNQ.CoinII

 SNQ.CoinI  are  confirmed first day delivery.

-SNQ.CoinII are confirmed 2nd day delivery, KNC Jupiter GB3 is included with CoinII

-No firm date for Jupiter delivery, but expected in September

-First hosting payment has been paid, so hosting with KNC datacenter is secured.

Transaction ID: e8db2d85774fe0c6defe45fb1d7851c2b7cd2fd81a87b6b76981a6ed599ce461

-automatic dividend software in place and tested

Everything is in place to start mining and issuing dividends.

Noted, thank you

Hi soniq,

0.22 BTC * 7 shares sent from 1LocAtpDxpuc2YBmuHHwBGvSHgmVy5C54C , thx.

Hi soniq
1.32 BTC sent for 6 shares (Hosting Prepayment).
tx id: 5ae0b52550b13f37f48ea959ef23c5ccc81baeb221297625530e01672edb735a

Thanks!

Hi

I hope everyone has received the update from KNC today? https://www.kncminer.com/news/news-30

We are getting close to  paying the hosting prepayment. The payment is due August 31, 2013

Anyone who is not  listed on Bitfunder please make payment of  .22 BTC  per share to 1NaE9oXe9ZkCUrhtEPTFGU4HbUqZXVanGw

This payment will pay for 2 months towards the 6 month hosting plan.

$2200/6months/30 shares/$111 exchange rate= 0.11 BTC per share per month.

All future hosting payments will be paid with  mining income once Jupiters start mining.

All shareholders listed on Bitfunder will have hosting paid for by a loan from Jon at Bitfunder.
He will be paid back in full before any dividends will be released.

All hashing rates and BTC earned,  as well as dividends paid will be posted at www.coinsortium.org

I am currently still working  on the site so please be patient if site is not ready for when Jupiters start mining. I will post the information somewhere publicly.

Please send me an email with your Bitcointalk forum username with your trans id# . or post in thread on Bitcointalk.org
Cheers

Received my shares on BitFunder mere hours after contacting Larry. Thank you kind sir! Things are going to start ramping up (even more) very soon, exciting times for BTC and all involved.

We are approaching the final days of waiting for KNC to deliver our Jupiters.

KNC has been chosen  to host the Jupiters, and hosting  with KNC has to be paid in advance.

At todays current exchange rate the cost per hosting a Jupiter  is  approximately .125 a share per month.  $350/30shares/current BTC exchange rate

Jon at Bitfunder has generously offered to pay for the first two months of hosting if you agree to list your SNQ.CoinI and SNQ.CoinII shares at Bitfunder.

To qualify for the hosting prepayment made by Bitfunder,  your  shares must be listed by  August 12th,  2013

Anyone not wanting to participate in this offer  will be asked to make hosting prepayment to  me 1 week prior to KNC announcing shipment of first day delivery Jupiters.

Any Coinsortium  members not making their hosting prepayment on time will be subject to interest on any hosting payments I make on your behalf.

I would like to be able to pay all your hosting fees myself and deduct from mining dividends, but initial hosting fees are going to be in excess of  110 to 180 BTC for the whole group.

-Any members who are currently listed on Bitfunder qualify  for the hosting  prepayment offer and will have their first two months of hosting paid.

-All prepaid hosting payments will be deducted in full from mining income before any dividends are paid.

If you would like to list your shares on Bitfunder, please send me your Bitcointalk username and Bitfunder username

This is a short term interest free loan that Jon is offering.  Jon will be paid back once Jupiters are mining

good point, will look into it

Soniq, for me this was the first email regarding negative balances I got from you.

I wonder if some of the emails you are sending are not getting throught. I recommend you start using mailchimp.com to send theses emails (it's free) because emails sent with more than 20 people in the TO: line can be blocked by many ISPs.

All shares have a negative or positive balance depending on the exchange rate at time of Jupiter purchase. Tried to leave the share price alone and not fluctuate too much.

The varying exchange rate means you might have a negative or positive balance on your share purchase.  I posted all the share balances in the spreadsheet. Look in bottom left  for tab "Prorated BTC". There is a complete breakdown of the +/- balances

I also sent out a dedicated email  regarding this matter several times last  and this week



Cheers

anyone received an email from soniq regarding "negative balance"? I must have missed this but can someone point me to an explanation? Thanks

So you're saying even if prices were at 8BTC/100 shares or .08BTC/share(on BF), buyers would still make a profit of 37.5% ?

...interesting. 

What are peoples opinions regarding the addition of 10 FDD Jupiters Larry mentioned today in e-mail? I too believe more details about escrow and legitmacy should be revealed before investing.

If we were to purchase 4+ KNC Jupiters could the $7750 premium be reduced? I mean the extra $750 is for doing absolutely nothing imho, yea congrats for having the liquid assets and quick ability to order 10 "first day" KNC miners but with the buyer gaining 10% on each sale I'd be tempted to walk away.

/haggling

In case any1 missed it shares are getting traded at https://bitfunder.com/asset/SNQ.CoinI.

If they ship at 6mil thats 11btc/100shares/year with 40% increase/month. shares cost like 4btc/100shares atm.

You will have significant hashing power so the 1.5% fee will end up being a decent amount of BTC. I would recommend bitparking for a decent sized pool with no fee and the ability to earn other altcoins as well through merged mining. Supposedly the other altcoins are worth an additional 16% above and beyond the BTC mined. You may want to test another, larger merged mining pool but bitparking has the most altcoins that are mined. The few others that support merged mining only support BTC and namecoin. When I get my k16s and/or my BFL singles I will mine them with bitparking.

soniq

can you add my email to the mailing list? also what do i need to do to get shares on bitfunder?

Testing will be the only way to know.

I would set each Jupiter on 4 different pools, then decide which one returns the most.