[Groupbuy] Jupiter KNCMiner (0.5 BTC shares) 12 sold! [CLOSED] !!!

BombaUcigasa

legendary

Activity: 1442

Merit: 1000

Quote from: bluefin on December 07, 2013, 11:21:26 AM

So... we still have ~21 months of mining with this group buy, any math nerds care to do an analysis of expected returns in btc over that time period?

So far this groups payout address has received over 911 BTC to date, with the first payout to that address at 10/05/2013, roughly 63 days of mining, which is about 14.46 BTC per day of mining, not too shabby. In comparison my little rig at home has been earning about .01 btc per day with 12GH, it looks like with the new diff of 707MM it will be dropping to .01 btc every day and a half, still though each mBtc helps.

Personally if I get another 10+ btc out of this group buy I will break even in bitcoin and be a very happy camper, regardless of the timeframe.

Oh, you mean like this: https://i.imgur.com/CSdlnXB.png

(0.3 BTC share)

bluefin

member

Activity: 61

Merit: 10

So... we still have ~21 months of mining with this group buy, any math nerds care to do an analysis of expected returns in btc over that time period?

So far this groups payout address has received over 911 BTC to date, with the first payout to that address at 10/05/2013, roughly 63 days of mining, which is about 14.46 BTC per day of mining, not too shabby. In comparison my little rig at home has been earning about .01 btc per day with 12GH, it looks like with the new diff of 707MM it will be dropping to .01 btc every day and a half, still though each mBtc helps.

Personally if I get another 10+ btc out of this group buy I will break even in bitcoin and be a very happy camper, regardless of the timeframe.

tyrion70

legendary

Activity: 934

Merit: 1000

Quote from: symzzi on November 28, 2013, 02:25:53 PM

Thanks, just sent email. I'd forgotten about the shares, checked up on them now and discovered this mess with Bitfunder! Oh well. Still need to figure out how to get my stuck BTC out, WeExchange is definitely broken..

Great thanks! We still need a response from a lot of people.. I'll process your email (and some others) shortly. Just so you know, you'll receive the div payments you missed with the next Div payment on Sunday. We figured not paying divs would wake ppl up Wink

Won't post any updates here anymore, all updates can be found here :
https://bitcointalk.org/index.php?topic=244042.840

Cheers,

symzzi

member

Activity: 60

Merit: 10

Quote from: tyrion70 on November 28, 2013, 02:13:20 PM

Quote from: symzzi on November 28, 2013, 01:51:26 PM

Didn't realize there was another topic, haven't checked in on it for a while. My mistake. Thanks

And the three news items on bitfunder Wink

https://bitfunder.com/asset/ADDICTION#pane_news

For the short version:

Quote

Important note regarding bitfunder
As from this week we will not payout any dividends on Bitfunder anymore! Reason for this is twofold:
- People are still experiencing issues getting btc out of bitfunder through weex
- We want to finalize the transfer to direct shares

If you still have direct shares please transfer them to direct shares (see below) OR send us a PM / email to confirm that the payout address in bitfunder is correct. As soon as you've done either, we'll payout the dividends still owed. We will send these out in batches though, so don't expect instant payment Wink

Also please do not transfer shares in bitfunder to another person without letting us know! We cannot guarantee dividend payments will go well if you do that.

Once again the transfer process:

Transfer your shares to the ADDICTION accountname on bitfunder and send an email to [email protected] containing:
- Your bitfunder name
- The number of shares transferred
- The BTC address you want to use for payouts. Make sure you use an address you actually own and can sign messages with!

Thanks, just sent email. I'd forgotten about the shares, checked up on them now and discovered this mess with Bitfunder! Oh well. Still need to figure out how to get my stuck BTC out, WeExchange is definitely broken..

tyrion70

legendary

Activity: 934

Merit: 1000

Quote from: symzzi on November 28, 2013, 01:51:26 PM

Didn't realize there was another topic, haven't checked in on it for a while. My mistake. Thanks

And the three news items on bitfunder Wink

https://bitfunder.com/asset/ADDICTION#pane_news

For the short version:

Quote

Important note regarding bitfunder
As from this week we will not payout any dividends on Bitfunder anymore! Reason for this is twofold:
- People are still experiencing issues getting btc out of bitfunder through weex
- We want to finalize the transfer to direct shares

If you still have direct shares please transfer them to direct shares (see below) OR send us a PM / email to confirm that the payout address in bitfunder is correct. As soon as you've done either, we'll payout the dividends still owed. We will send these out in batches though, so don't expect instant payment Wink

Also please do not transfer shares in bitfunder to another person without letting us know! We cannot guarantee dividend payments will go well if you do that.

Once again the transfer process:

Transfer your shares to the ADDICTION accountname on bitfunder and send an email to [email protected] containing:
- Your bitfunder name
- The number of shares transferred
- The BTC address you want to use for payouts. Make sure you use an address you actually own and can sign messages with!

ZetaOS

full member

Activity: 140

Merit: 100

Quote from: symzzi on November 28, 2013, 12:07:10 PM

Any Info with what is going on here?

Bitfunder closing, no dividend payments since 10th November, no e-mails regarding the situation.

What is happening to our shares and where are the payments?

CEX.IO Ain't So Bad After All...

symzzi

member

Activity: 60

Merit: 10

Quote from: dutu on November 28, 2013, 01:47:49 PM

Quote from: symzzi on November 28, 2013, 12:07:10 PM

Any Info with what is going on here?

Bitfunder closing, no dividend payments since 10th November, no e-mails regarding the situation.

What is happening to our shares and where are the payments?

you may want to check the ADDICTION topic
https://bitcointalksearch.org/topic/bitfunder-addiction-kncminer-now-hashing-at-14th-244042

Didn't realize there was another topic, haven't checked in on it for a while. My mistake. Thanks

dutu

member

Activity: 73

Merit: 10

Quote from: symzzi on November 28, 2013, 12:07:10 PM

Any Info with what is going on here?

Bitfunder closing, no dividend payments since 10th November, no e-mails regarding the situation.

What is happening to our shares and where are the payments?

you may want to check the ADDICTION topic
https://bitcointalksearch.org/topic/bitfunder-addiction-kncminer-now-hashing-at-14th-244042

symzzi

member

Activity: 60

Merit: 10

Any Info with what is going on here?

Bitfunder closing, no dividend payments since 10th November, no e-mails regarding the situation.

What is happening to our shares and where are the payments?

greenbone

newbie

Activity: 46

Merit: 0

https://bitcointalksearch.org/topic/m.3482565

Quote

Important Notice (November 4, 2013)

Please be advised that BitFunder is ceasing operations. In connection with BitFunder's shut-down, please note the following points, which supplement the points outlined in BitFunder's October 8, and October 11, 2013 notices:

As of November 14, 2013, no BitFunder user will be able to enter into any new positions or sell positions on the BitFunder website.

BitFunder users are encouraged to transfer their shares from the BitFunder site to the respective issuer(s) no later than December 1, 2013.

As of December 2, BitFunder will initiate a transfer from the BitFunder site to the respective issuer(s) of any remaining shares held by BitFunder users, and will provide the issuer(s) with the public bitcoin address associated with the user account. After transfer, each user will need to work with the issuer(s) with respect to the future treatment of the shares.

On December 2, 2013, bitcoin balances in the accounts of all users will be transferred to their WeExchange accounts.

As of the date of this notice, BitFunder is not assessing any new fees against any BitFunder user.

Notwithstanding the shut-down, the site will remain available for viewing and users will be able to request records from BitFunder until at least December 15, 2013.

BitFunder appreciates your understanding in these matters.

i am assuming all shares become direct shares?

thegoldbug

member

Activity: 90

Merit: 10

I'm an American and have shares in the group buy #1.

If I read the posting correctly if I just wait all of my group buy 1 shares on BitFunder will revert to direct shares at the end of November?

Seems like easiest thing to do instead of creating yet another account.

Is that correct?

philipma1957

legendary

Activity: 4172

Merit: 8075

'The right to privacy matters'

Quote from: Kokomoka on October 18, 2013, 11:58:44 AM

I didn't get a dividend on Wednesday the 16th as expected. Is this correct? I am a non-American holding citizen holding shares on BitFunder and I am currently awaiting my WeExchange verification.

IIRC dividends are being delayed until SAT. They are getting the rest of the miners and setting up so they are putting off dividends. It may be on the security threads. I will look for the link... I found the link and I see you found it and were answered.

https://bitcointalk.org/index.php?topic=244042.260

Kokomoka

member

Activity: 115

Merit: 10

I didn't get a dividend on Wednesday the 16th as expected. Is this correct? I am a non-American holding citizen holding shares on BitFunder and I am currently awaiting my WeExchange verification.

bluefin

member

Activity: 61

Merit: 10

Quote from: tyrion70 on October 12, 2013, 03:54:14 PM

Quote from: bluefin on October 12, 2013, 02:39:11 PM

Quote from: bluefin on October 10, 2013, 07:09:26 AM

Somebody was talking about direct shares in the other thread, can somebody tell me how this works?
How will the shares be stored?
How will the shares be traded?
Etc, etc. etc.

Can somebody comment on this please?

Holders of GB shares had the option to use bitfunder or use "direct" shares. A direct share simply means we hold your btc address on file and send dividends to that btc address. With the closure of Bitfunder for people from the USA we said we would allow people to change there bitfunder shares to "direct" shares. To do so follow the instructions here:

https://bitcointalksearch.org/topic/m.3308356

The window for transfers is open again untill next dividend payment planned wednesday.

Quote from: juve4v on October 11, 2013, 05:11:58 AM

I have trouble transfering my shares as it requires Google auth . Does anyone know a way without using iphone/android phone, just the PC ?

https://github.com/mclamp/jauth#readme
http://en.wikipedia.org/wiki/Google_Authenticator

Quote from: ?? on ??

Does someone get verified by WeEx?

Because I uploaded required documents over 48h ago and still no response.

I think they have a huge backlog at the moment.. I hope they get to it soon!

Quote from: ?? on ??

Will it be a routine that payout will be every Wednesday?

For now, yes we'll try to.. As soon as we have all miners from all GB's this might change to a different day.

How do we go about buying and selling if we have direct shares?

philipma1957

legendary

Activity: 4172

Merit: 8075

'The right to privacy matters'

last I read was 3 of 8 are mining.

szmarco

hero member

Activity: 574

Merit: 500

Did the gb2 miners start mining?

tyrion70

legendary

Activity: 934

Merit: 1000

Quote from: bluefin on October 12, 2013, 02:39:11 PM

Quote from: bluefin on October 10, 2013, 07:09:26 AM

Somebody was talking about direct shares in the other thread, can somebody tell me how this works?
How will the shares be stored?
How will the shares be traded?
Etc, etc. etc.

Can somebody comment on this please?

Holders of GB shares had the option to use bitfunder or use "direct" shares. A direct share simply means we hold your btc address on file and send dividends to that btc address. With the closure of Bitfunder for people from the USA we said we would allow people to change there bitfunder shares to "direct" shares. To do so follow the instructions here:

https://bitcointalksearch.org/topic/m.3308356

The window for transfers is open again untill next dividend payment planned wednesday.

Quote from: juve4v on October 11, 2013, 05:11:58 AM

I have trouble transfering my shares as it requires Google auth . Does anyone know a way without using iphone/android phone, just the PC ?

https://github.com/mclamp/jauth#readme
http://en.wikipedia.org/wiki/Google_Authenticator

Quote from: ?? on ??

Does someone get verified by WeEx?

Because I uploaded required documents over 48h ago and still no response.

I think they have a huge backlog at the moment.. I hope they get to it soon!

Quote from: ?? on ??

Will it be a routine that payout will be every Wednesday?

For now, yes we'll try to.. As soon as we have all miners from all GB's this might change to a different day.

bluefin

member

Activity: 61

Merit: 10

Quote from: bluefin on October 10, 2013, 07:09:26 AM

Somebody was talking about direct shares in the other thread, can somebody tell me how this works?
How will the shares be stored?
How will the shares be traded?
Etc, etc. etc.

Can somebody comment on this please?

blastbob

hero member

Activity: 602

Merit: 500

Quote from: blastbob on October 12, 2013, 07:40:17 AM

Quote from: hasher87 on October 12, 2013, 01:24:00 AM

Quote from: cr003l7y on October 11, 2013, 02:36:27 PM

9+6=15... do we have 3 extra GB1 miners? Cool

probably the extra is to replace the previously DOA miners

3 extra miners are to Group buy #2

And there is NO DOA miners, just 2 boards which should be around 240GHs loss. We will try to get them swapped out with the next pickup for the GB2 and GB3 miners.

Current status is that Group Buy #1 is COMPLETE and is hashing around 6TH/s !

CoinFarmer

member

Activity: 205

Merit: 10

Upfiring Team Member

Android emulator for PC?

Topic: [Groupbuy] Jupiter KNCMiner (0.5 BTC shares) 12 sold! [CLOSED] !!! (Read 32959 times)