Shipped.
E23-T6TS-003641
Topic: KnCMiner Jupiter Shares GB2 (Read 6024 times)
That's good news.
GB2 Order - in progress..
Awesome 
Hoping we do see it in October and difficulty isn't a million!
Hoping we do see it in October and difficulty isn't a million!
thanks John. wow they have already received 3,640 orders? fingers crossed there are no delays and we actually see it in oct!
Order sent in - posting SS's shortly.
Thanks John!
Order sent in - posting SS's shortly.
okay. >100 on mtgox right now. let's place that order now! latest update from KNC is still oct ship dates for already placed orders...
Definitely agreed. Really want to get this ordered or we aren't going to do so well 
Agreed also
any order update status?
Still waiting on the market to move to $100. I'll let everyone know.
ok. if it gets close to 100 i'd think it would be in everyone's interest just to place the order sooner than later since there will be a long lead time to shipment and with new systems being delivered, it would make sense to get as early a spot to mine more while difficulty isn't as high. this would more than make up for a delta of a few USD/BTC in the near-term. if BTC doesn't rise above 100 in the next week or 2, people can deposit the extra 0.01 or whatnot necessary.
Agreed.
any order update status?
Still waiting on the market to move to $100. I'll let everyone know.
ok. if it gets close to 100 i'd think it would be in everyone's interest just to place the order sooner than later since there will be a long lead time to shipment and with new systems being delivered, it would make sense to get as early a spot to mine more while difficulty isn't as high. this would more than make up for a delta of a few USD/BTC in the near-term. if BTC doesn't rise above 100 in the next week or 2, people can deposit the extra 0.01 or whatnot necessary.
any order update status?
Still waiting on the market to move to $100. I'll let everyone know.
any order update status?
All the money for GB2 was sent to John K he will place the order once BTC is around $100 if we want to order now we all need to send about .01 per share more. If you paid with cash you are all set and don't need to send more.
Also tronsom wasn't able to get a Paypal refund in time and a result his 250 shares were released.
I moved a number of people up to GB2 from GB3. Mostly in order of current shareholders then by GB 2 reservations then by reservation time.
Still working on final numbers. You will be notified by tomorrow am.
This leaves a bunch of shares in GB3 open.
how high does BTC need to be for you to order now? it was high as 98 at mt gox earlier yesterday and around 95 at the time of this post.
John K will order it when he can. He is Malaysia so he might be sleeping. Only need about 76/79 BTC that he has at 95.
All the money for GB2 was sent to John K he will place the order once BTC is around $100 if we want to order now we all need to send about .01 per share more. If you paid with cash you are all set and don't need to send more.
Also tronsom wasn't able to get a Paypal refund in time and a result his 250 shares were released.
I moved a number of people up to GB2 from GB3. Mostly in order of current shareholders then by GB 2 reservations then by reservation time.
Still working on final numbers. You will be notified by tomorrow am.
This leaves a bunch of shares in GB3 open.
how high does BTC need to be for you to order now? it was high as 98 at mt gox earlier yesterday and around 95 at the time of this post.
All the money for GB2 was sent to John K he will place the order once BTC is around $100 if we want to order now we all need to send about .01 per share more. If you paid with cash you are all set and don't need to send more.
Also tronsom wasn't able to get a Paypal refund in time and a result his 250 shares were released.
I moved a number of people up to GB2 from GB3. Mostly in order of current shareholders then by GB 2 reservations then by reservation time.
Still working on final numbers. You will be notified by tomorrow am.
This leaves a bunch of shares in GB3 open.
Are all payments in? Is this ordered?
Waiting on some BTC, like to reserve 10 shares if still available. Should be able to pay for them thursday.
Reservation cancelled.
Payed with BTC-TC transfer.
Pls reserve me another 10, 50 in total.
Thx.
Thx.
please reserve me the remainder (up to 50), i think 35 by my calculation?
Payment for 35 sent.
Payment confirmed.
Pls reserve me another 10, 50 in total.
Thx.
Thx.
please reserve me the remainder (up to 50), i think 35 by my calculation?
Payment for 35 sent.
When will this unit be ready to mine? Is it a Day #1 Order? If so, pls reserve me 10 shares until tomorrow.
Unfortunately this group buy is closed at the moment and you are third in line if any shares open up. I can put you down for group buy 3?
When will this unit be ready to mine? Is it a Day #1 Order? If so, pls reserve me 10 shares until tomorrow.
Scott J reserved 5 shares.
45 shares left.
45 shares left.
Payment confirmed.
Scott J reserved 5 shares.
45 shares left.
45 shares left.
Payment confirmed.
Now it would be fair to set a time limit for the payment or cancelation of the shares so you could place the order.
I agree. Let's make place a deadline for this Friday AM CST. I would like to place the order sometime on Friday.
Also just a heads up KNC says anything ordered today won't ship until October.
I've heard the same thing around the forums.
Put me second in line if no one pays
I'll be starting a 3rd group buy, would like to be in that one?
I emailed them and asked if I placed an order for a Jupiter today when would it ship. They said October. *shrug*
Also just a heads up KNC says anything ordered today won't ship until October.
Can you tell us where you read that info? Thx
Now it would be fair to set a time limit for the payment or cancelation of the shares so you could place the order.
Also just a heads up KNC says anything ordered today won't ship until October.
Put me second in line if no one pays
If any remain, I'll take them.
Unfortunately all shares are reserved. If anyone doesn't pay I'll put you down as the first in line. Also I might be starting a 3rd group buy.
Pls reserve me another 10, 50 in total.
Thx.
Thx.
please reserve me the remainder (up to 50), i think 35 by my calculation?
Yes that is correct.
Pls reserve me another 10, 50 in total.
Thx.
Thx.
Done.
35 shares left.
If any remain, I'll take them.
Pls reserve me another 10, 50 in total.
Thx.
Thx.
please reserve me the remainder (up to 50), i think 35 by my calculation?
Pls reserve me another 10, 50 in total.
Thx.
Thx.
JStock7169 reserved 30.
395 shares left.
395 shares left.
Payment sent
Txn ID a13f04ba785d0141e571ee37248af07eefa1e05321a1a09864f3b12c26de0d89
Payment confirmed.
Scott J reserved 5 shares.
45 shares left.
45 shares left.
JStock7169 reserved 30.
395 shares left.
395 shares left.
Payment sent
Txn ID a13f04ba785d0141e571ee37248af07eefa1e05321a1a09864f3b12c26de0d89
Please reserve 50 more 
thx
thx
Sure. Reservation increased by 50 to 250 total.
50 shares left.
Thx
Please reserve 50 more
thx
thx
Sure. Reservation increased by 50 to 250 total.
50 shares left.
Please reserve 50 more
thx
thx
Confirm reservation.
jonsi reserved another 20 shares for a total of 40 reserved.
100 shares left.
100 shares left.
tronsom reserved 200 shares.
195 shares left.
195 shares left.
Thank you.
Bobcoin paid for 75 shares.
120 shares left.
120 shares left.
tronsom reserved 200 shares.
195 shares left.
195 shares left.
JStock7169 reserved 30.
395 shares left.
395 shares left.
Waiting on some BTC, like to reserve 10 shares if still available. Should be able to pay for them thursday.
Reserved.
425 shares left.
Waiting on some BTC, like to reserve 10 shares if still available. Should be able to pay for them thursday.
i apologize if this question has been answered before but are these shares transferable?
Yes they are.
i apologize if this question has been answered before but are these shares transferable?
Waiting on some BC to be shipped over to me, I plan to purchase 30 shares if they are left.
Sure I'll reserve you 30 shares.
Thanks, just waiting for Bitcoin Brokers to release it to me
Payment confirmed for 35 shares.
405 shares left.
Math error: 435 shares left.
Waiting on some BC to be shipped over to me, I plan to purchase 30 shares if they are left.
Sure I'll reserve you 30 shares.
Thanks, just waiting for Bitcoin Brokers to release it to me
Payment confirmed for 35 shares.
405 shares left.
Waiting on some BC to be shipped over to me, I plan to purchase 30 shares if they are left.
Sure I'll reserve you 30 shares.
Thanks, just waiting for Bitcoin Brokers to release it to me
440 shares left.
Waiting on some BC to be shipped over to me, I plan to purchase 30 shares if they are left.
Sure I'll reserve you 30 shares.
Waiting on some BC to be shipped over to me, I plan to purchase 30 shares if they are left.
Just picked up another 100 total
Payment confirmed.
470 shares left.
Just picked up another 100 total
520 shares left.
julz paid for 100 shares.
VinCeCream reserved 10 shares.
VinCeCream reserved 10 shares.
According to the OP it's a 400 GHash/s miner divided by 1000 shares. So a single share represents 400 Mhash/s of mining power.
How much that translates to in terms of BTC/day at the time the machine is delivered is a very difficult question, as noone can really predict the development of the mining difficulty and how tightly KNC follows its advertised shipping timeframes.
How much that translates to in terms of BTC/day at the time the machine is delivered is a very difficult question, as noone can really predict the development of the mining difficulty and how tightly KNC follows its advertised shipping timeframes.
Yes that is true. I made a table of the estimates of dividends based on the difficulty here: https://docs.google.com/spreadsheet/ccc?key=0ArPW9Lus2VT5dFpZbndNSXY0Y1RjTVFDQzlxUW1yS3c#gid=1
According to the OP it's a 400 GHash/s miner divided by 1000 shares. So a single share represents 400 Mhash/s of mining power.
How much that translates to in terms of BTC/day at the time the machine is delivered is a very difficult question, as noone can really predict the development of the mining difficulty and how tightly KNC follows its advertised shipping timeframes.
How much that translates to in terms of BTC/day at the time the machine is delivered is a very difficult question, as noone can really predict the development of the mining difficulty and how tightly KNC follows its advertised shipping timeframes.
I would also be interested to know the answer to tronsom's question...roughly, of course
Very interested.
For 100 shares how much can I expect to get in dividends per week if the miner is delivered in october/november?
Thx
For 100 shares how much can I expect to get in dividends per week if the miner is delivered in october/november?
Thx
so you will stop if bitcoin price drops below breakeven point, or keep going?
That would be up for discussion. If I believe that it will rise again than I would be all for continuing especially if the decline in price would also bring about a decline in difficulty.
so you will stop if bitcoin price drops below breakeven point, or keep going?
How do you handle share transfers? What is your timeframe, as in, will you run indefinitely? Also, how long will delivery take?
Share transfer are via PM only and should take around 24 hours and many in much less time. I reserve the right to ask for a small refundable amount from your dividend address to confirm.
This will run for as long as it is profitable.
KnCMiner is claiming shipping will begin in September for the orders already payed. Depending on when this order is payed it might be a later than the first group buy.
I keep forgetting I'm logged in as that account sometimes and make posts... blah.
How do you handle share transfers? What is your timeframe, as in, will you run indefinitely? Also, how long will delivery take?
Share transfer are via PM only and should take around 24 hours and many in much less time. I reserve the right to ask for a small refundable amount from your dividend address to confirm.
This will run for as long as it is profitable.
KnCMiner is claiming shipping will begin in September for the orders already payed. Depending on when this order is payed it might be a later than the first group buy.
How do you handle share transfers? What is your timeframe, as in, will you run indefinitely? Also, how long will delivery take?
How do you handle share transfers? What is your timeframe, as in, will you run indefinitely?
50 reserved by damiano
630 shares left.
630 shares left.
I have reserved and paid for an additional 50 shares.
Also jonsi reserved 20.
680 shares left.
Also jonsi reserved 20.
680 shares left.
About:
After our first successful group buy: https://bitcointalk.org/index.php?topic=243092.0;all
We have decided to do another group buy for another KnCMiner Jupiter 400Gh/s
You can see the financials of the mining op here: https://docs.google.com/spreadsheet/ccc?key=0ArPW9Lus2VT5dFpZbndNSXY0Y1RjTVFDQzlxUW1yS3c#gid=1
Investment info:
1000 shares total:
750 shares public.
50 shares myself for management.
200 shares being issued to the mining operation for re-investment.
Dividends:
Payed weekly on Saturdays.
Please note that these group buy 2 shares will not start receiving a dividend until this unit is up and mining.
Costs:
One-Time:
KnCMiner Jupiter $7,131
PSU: ~$250
AC Unit: $100
Shelf & misc: $50
Weekly:
Miner estimated power usage: ~$15
Standalone AC unit: ~$15
Monthly:
Rent: $0
Internet: $0
Management Fee: $0
Future Plans:
Short term investments on BTCT.
Create PT shares on BTCT.
Save profits and buy additional units.
Payment & Escrow:
John K escrow.
Or the mining op address is: 1vsNpyK548ew789iKTXprsK2SKYvMyiXD
If BTC doesn't climb to a high enough price to where with all the BTC collected we can't make a payment. You will have the option of a refund less any fees or we will ask for a little bit more money per share to cover the difference.
When you send your payment please pm me the txid, your dividend address and your email address.
Price per share is .1 BTC
After our first successful group buy: https://bitcointalk.org/index.php?topic=243092.0;all
We have decided to do another group buy for another KnCMiner Jupiter 400Gh/s
You can see the financials of the mining op here: https://docs.google.com/spreadsheet/ccc?key=0ArPW9Lus2VT5dFpZbndNSXY0Y1RjTVFDQzlxUW1yS3c#gid=1
Investment info:
1000 shares total:
750 shares public.
50 shares myself for management.
200 shares being issued to the mining operation for re-investment.
Dividends:
Payed weekly on Saturdays.
Please note that these group buy 2 shares will not start receiving a dividend until this unit is up and mining.
Costs:
One-Time:
KnCMiner Jupiter $7,131
PSU: ~$250
AC Unit: $100
Shelf & misc: $50
Weekly:
Miner estimated power usage: ~$15
Standalone AC unit: ~$15
Monthly:
Rent: $0
Internet: $0
Management Fee: $0
Future Plans:
Short term investments on BTCT.
Create PT shares on BTCT.
Save profits and buy additional units.
Payment & Escrow:
John K escrow.
Or the mining op address is: 1vsNpyK548ew789iKTXprsK2SKYvMyiXD
If BTC doesn't climb to a high enough price to where with all the BTC collected we can't make a payment. You will have the option of a refund less any fees or we will ask for a little bit more money per share to cover the difference.
When you send your payment please pm me the txid, your dividend address and your email address.
Price per share is .1 BTC
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