[Group Buy]12 KNCminer Jupiter's 15 Sold [Closed] Jupiter Pool - page 40.

oaxaca

hero member

Activity: 671

Merit: 500

Quote from: seleme on June 05, 2013, 07:25:08 PM

Quote from: oaxaca on June 05, 2013, 06:45:33 PM

Looks like Soniq just hit the lottery!

BIG TIME!

Let me get this straight, IF they deliver:

He gets 2% of 12x350Gh/s which equals 84Gh/s,
He doesn't put up any BTC,
He doesn't have to host,
He just sits back and collects.

IF they don't deliver:

He has to type up some PMs.

or am I missing something?

I don't mind that, he is entitled to use an opportunity and make business from it. It's just that is very risky investment to do. It's one thing to send 700 BTC to Avalon, it's other to send it to random user without lot of safety, or without at all.

Well, hopefully it will finish good for those that do invest.

I don't mind it either. More power to him. I'm jealous. It's the equivalent of getting an Avalon for free without having to do jack shit. No work + No risk = Happy Soniq.

wedgy2k

sr. member

Activity: 329

Merit: 251

Payment sent (4btc) for 2 shares

https://blockchain.info/tx/6dc2a7e7bd92315a7ecb76a203cf8bcc827b6d9b062626aeb2d881bab304538d

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: oaxaca on June 05, 2013, 06:45:33 PM

Looks like Soniq just hit the lottery!

BIG TIME!

Let me get this straight, IF they deliver:

He gets 2% of 12x350Gh/s which equals 84Gh/s,
He doesn't put up any BTC,
He doesn't have to host,
He just sits back and collects.

IF they don't deliver:

He has to type up some PMs.

or am I missing something?

I don't mind that, he is entitled to use an opportunity and make business from it. It's just that is very risky investment to do. It's one thing to send 700 BTC to Avalon, it's other to send it to random user without lot of safety, or without at all.

Well, hopefully it will finish good for those that do invest.

Kushedout

legendary

Activity: 1123

Merit: 1000

SaluS - (SLS)

Payment sent for 2 additional shares

https://blockchain.info/tx/20247feeed46db07ac61894b312a68bc3260d68f5453679a9953da4e15c24199

Thanks.

soniq

sr. member

Activity: 462

Merit: 250

One Jupiter ordered sent BTC to 1BfKaMDCzAXymxjrXc6KNb87CH7n7Qw517

Made a typo of one extra BTC and have submitted to Bitpay for a refund for overpayment. Dont know how long that takes to process

-PMs sent

-Updating spreadsheet and will update main thread with forum names and shares

dani

hero member

Activity: 525

Merit: 500

..yeah

better wait for those coins to hit >300$ and you are fine. You don't have to get this asic. You can wait and buy an asic later this year when your coins gained in value Wink

markj113

legendary

Activity: 2254

Merit: 1043

Quote from: oaxaca on June 05, 2013, 06:45:33 PM

Looks like Soniq just hit the lottery!

BIG TIME!

Let me get this straight, IF they deliver:

He gets 2% of 12x350Gh/s which equals 84Gh/s,
He doesn't put up any BTC,
He doesn't have to host,
He just sits back and collects.

IF they don't deliver:

He has to type up some PMs.

or am I missing something?

Find me a cheaper way to get the same ghash/s for a small investment.

block erupter just over 2 bitcoin @ 282-300 khash/s
shares = 2 bitcoin for 11.66 ghash/s with no electricity or effort.

oaxaca

hero member

Activity: 671

Merit: 500

Looks like Soniq just hit the lottery!

BIG TIME!

Let me get this straight, IF they deliver:

He gets 2% of 12x350Gh/s which equals 84Gh/s,
He doesn't put up any BTC,
He doesn't have to host,
He just sits back and collects.

IF they don't deliver:

He has to type up some PMs.

or am I missing something?

RayG

newbie

Activity: 50

Merit: 0

Sent payment for 20 shares:

https://blockchain.info/tx/4baf2c24656311e04d6375fa068841fcd617aa4c5be6cb7e19b47e6638bce367

markj113

legendary

Activity: 2254

Merit: 1043

Quote from: markj113 on June 05, 2013, 04:55:18 PM

interested in a share to get the ball rolling.

payment sent, transaction ID :

92fe84b2f3655bcd5e622121ee90240877e75444b7a888baa03f5962c1332cb2

Payment sent for an additional share taking my total to 2 shares -

Transaction ID:
97886030815d3180a5833ee56cdbd3262890e089b7056d92e59e292fa621be3e

baros008

member

Activity: 78

Merit: 10

Payment sent for 12 shares

https://blockchain.info/tx/bf44d5db541346fb62795a14912cf416d9f016cd9051d0646b81eff2c70df504

Kushedout

legendary

Activity: 1123

Merit: 1000

SaluS - (SLS)

Payment sent for 7 shares.

https://blockchain.info/tx/0279bc20d4391880fb63288c18c2e4da03d3a4d3a2a3d35657415a281ce2a0d1

Thanks.

soniq

sr. member

Activity: 462

Merit: 250

Quote from: abuelau on June 05, 2013, 05:05:10 PM

Perhaps you could get a trusted member of the forum to verify your identify, John (the escrow guy) for example?

I have done some transactions with John. I will send him a PM to verify

PS: I have sent a PM to John to verify identity

PPS: I am going to be away from the computer for the next 3 or 4 hours, will respond to inquiries when I get back

abuelau

hero member

Activity: 750

Merit: 500

www.coinschedule.com

Perhaps you could get a trusted member of the forum to verify your identify, John (the escrow guy) for example?

soniq

sr. member

Activity: 462

Merit: 250

Quote from: seleme on June 05, 2013, 04:54:06 PM

Quote from: soniq on June 05, 2013, 04:47:34 PM

Quote from: seleme on June 05, 2013, 04:43:50 PM

Sorry mate but I don't see why people would trust you enough to send you 720 BTC.

They don't, I am sending 60 BTC to KNCminer after every 30 shares are sold. So shareholders will be trusting KNCminer with 720 BTC

They will still have to trust you with 720 BTC when you get miners. You could simply never pay what you mined. Not saying you'll do it but you could and they can't do anything about it.

It's just too much trust to one random forum member for my taste. The fact that you went for big number of miners just intensives that feeling.

I have an opportunity to buy 12 Jupiters, it does not mean that all 12 will sell.

All my private identity will be provided to shareholders

soniq

sr. member

Activity: 462

Merit: 250

Hi

apologies if my question looks a bit stupid and your thread is then full of inane comments.....

I think I'm interested in 2 maybe 3 shares (If we're not limited to 1?)

so this is ->

12 jupiters x 350gh =4200 gh total hash
4200 / 360 =11.66 gh per share
- 2% management fee and other incidentals

So at todays difficulty rate = roughly after fees 11.4 btc per month

(Assuming 24/7 uptime - reboots maintenance failures etc will prob understandably come into play)

Quote

-> Are my maths about right?

yes

Quote

So as a share holder, would I have anything to log onto to see how my investment is coming along?
(Most miners love a tweak... so i hope this is read only so my 359 partners do not tweak my investment!)

read only, KNC will be hosting miners and optimizing hash rates

Quote

Will I receive anything saying I am a shareholder?
(Certificate of part ownership etc)

your payment address in blockchain and I will create a password protected Google Docs spreadsheet with all investors

Quote

Will these commence mining in September?

I hope so

Cheers

markj113

legendary

Activity: 2254

Merit: 1043

interested in a share to get the ball rolling.

payment sent, transaction ID :

92fe84b2f3655bcd5e622121ee90240877e75444b7a888baa03f5962c1332cb2

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

Quote from: soniq on June 05, 2013, 04:47:34 PM

Quote from: seleme on June 05, 2013, 04:43:50 PM

Sorry mate but I don't see why people would trust you enough to send you 720 BTC.

They don't, I am sending 60 BTC to KNCminer after every 30 shares are sold. So shareholders will be trusting KNCminer with 720 BTC

They will still have to trust you with 720 BTC when you get miners. You could simply never pay what you mined. Not saying you'll do it but you could and they can't do anything about it.

It's just too much trust to one random forum member for my taste. The fact that you went for big number of miners just intensives that feeling.

RayG

newbie

Activity: 50

Merit: 0

Interested for 20 shares.

soniq

sr. member

Activity: 462

Merit: 250

Quote from: abuelau on June 05, 2013, 04:46:50 PM

So each 2 BTC share corresponds to 11.66 Gh/s, is this right?

350 GH/s/30 shares =11.66GH/s per share

Topic: [Group Buy]12 KNCminer Jupiter's 15 Sold [Closed] Jupiter Pool - page 40. (Read 75377 times)