i buy, but paypal.....
ALL shares, the price?
Topic: KnCMiningOp shares (Read 1412 times)
Shares sold. Action closed!
Thank you everyone.
Thank you everyone.
I'll personally buy back shares @ $10 each or BTC based on Coinbase price. See here: https://bitcointalk.org/index.php?topic=336900.new#new
[email protected]
(that is higher than Kncs $10 each)
I'll personally buy back shares @ $10 each or BTC based on Coinbase price. See here: https://bitcointalk.org/index.php?topic=336900.new#new
Please note that on cex.io right now, after the rise in dificulty it sels 1Gh=0.08197995btc and no reinvestment shares so i consider any bid below minimum bid highly unfair.
update - fourth Jupiter comming soon, so after the RMA the hashing power for 1 share: 0.733Gh. The reinvestment fund: 440Gh.
Update - reinvestment fond until date: 9.268 BTC
If you include the expected ~600 difficulty in a few hours, a share yields 0.0245:
http://mining.thegenesisblock.com/a/a402d3e97d
http://mining.thegenesisblock.com/a/a402d3e97d
A quick note on your calculations. The 5% you have setup is incorrect. As I took my fee in the form of shares not on % of the profit. So each share hashes at around 500Mhs currently to be 550Mhs when Jupi 3 is RMA'ed which finally got approved and will be sent out early next week.
In short the fee is already calculated into each share and there is no need to take it out when calculating profit on calculators.
You're right, that brings the total value up to 0.0257 after tomorrow. Taking the loss due to GB3 failure into account, and let's assume fixing that takes one week, we're at 0.0232, assuming no further issues ever.
Now that I'm thinking about it, I'll sell my 250 shares for 0.033/share to anyone wishing to buy.
.b
Note that on the group buy threads that the shares were sold at 0.1 btc eatch. The price included the 600 shares mining for reinvestment.
Right now, that doesn't look very good:
http://mining.thegenesisblock.com/a/badca74a9f
At current values, a share yields 0.0287, and even that is ignoring the expected 8 PH/s that should hit the network by February.
If you include the expected ~600 difficulty in a few hours, a share yields 0.0245:
http://mining.thegenesisblock.com/a/a402d3e97d
The increase is slightly lower right now than the calculator is listing due to a drop in network hashrate about a week ago, but 0.036 is at least 50% over possible revenue.
I'd offer you 0.018 per share, but I see someone already beat me to it. If that offer is withdrawn due to payout shortly, though, that would be my offer.
.b
A quick note on your calculations. The 5% you have setup is incorrect. As I took my fee in the form of shares not on % of the profit. So each share hashes at around 500Mhs currently to be 550Mhs when Jupi 3 is RMA'ed which finally got approved and will be sent out early next week.
In short the fee is already calculated into each share and there is no need to take it out when calculating profit on calculators.
I'm selling 111 KnCMiningOp shares.
https://bitcointalksearch.org/topic/kncminer-jupiter-shares-243092
https://bitcointalksearch.org/topic/kncminer-jupiter-shares-gb2-249820
https://bitcointalksearch.org/topic/kncminer-jupiter-shares-gb3-1per-share-4ghs-252584
1 share=0.55Gh
Please note that the operation holds 600 shares for reinvesting in mining hardware, so right now this is the best price on the market (non diluting shares)
I only sell as a hole lot.
Starting bid: 0.025/share.
Reserve price 0.036/share.
Buy it now: 0.041 share.
I reserve the right not to sell under reserve price.
Action will end after 48 hours from posting time.
https://bitcointalksearch.org/topic/kncminer-jupiter-shares-243092
https://bitcointalksearch.org/topic/kncminer-jupiter-shares-gb2-249820
https://bitcointalksearch.org/topic/kncminer-jupiter-shares-gb3-1per-share-4ghs-252584
1 share=0.55Gh
Please note that the operation holds 600 shares for reinvesting in mining hardware, so right now this is the best price on the market (non diluting shares)
I only sell as a hole lot.
Starting bid: 0.025/share.
Reserve price 0.036/share.
Buy it now: 0.041 share.
I reserve the right not to sell under reserve price.
Action will end after 48 hours from posting time.
I can confirm jonsi has 111 shares for sale.
Why not just be honest and accept you can't get the shares for almost free. Stop wasting my time. Don't post in this action anymore.
BFMines - Competitively Priced Mining Contracts - Traded at BTCT: http://bfmines.com/ - https://btct.co/security/BFMINES
Yes, and we can all se why people would trust you and your lies
))))
Yes, and we can all se why people would trust you and your lies
))))You know, it is much easier if you point out the lies, like I do with your statements, rather than pointing out that mining investments made 9 months ago haven't yielded positive ROI, which is kinda not in dispute.
Look, why not just be honest and post this:
"Peeps, I got burned buying mining GBs and need money. Could someone please give me 2BTC? KTHXBYE."
Effectively, that's what you're asking.
.b
BFMines - Competitively Priced Mining Contracts - Traded at BTCT: http://bfmines.com/ - https://btct.co/security/BFMINES
Yes, and we can all se why people would trust you and your lies))))
Yes, and we can all se why people would trust you and your lies
)))) Life isn't only about running for profit.
And yet you're trying to charge 200% of what anyone will ever make.
Classy.
.b
There is a single payment address and all profit is split on total number of shares regardless on witch GB were bought. The separation was until the last Jupiter started mining.
No, there is no separation between GB's.
Stop with the lies, you can't have them for almoust free:
http://54.243.221.120/KMO/default/index
You can be a better person and not make a full out of yourself like in deprived thread. Or you can try ebay, maybe there you'll find someone to cheat on, like you did on btct with the 1Mh mining bonds. Life isn't only about running for profit.
http://54.243.221.120/KMO/default/index
You can be a better person and not make a full out of yourself like in deprived thread. Or you can try ebay, maybe there you'll find someone to cheat on, like you did on btct with the 1Mh mining bonds. Life isn't only about running for profit.
If you buy it right now at BIN it will include the dividents for this week.
I see there are 3 GBs. Is each GB separate - meaning if you are in GB 2 you only get how much machine 2 is making? Also what about the reinvestment fund, is that separated by GB as well?
I have asked you nicely not to spam my topic anymore. To answer you, at curent btc price it needs only 12.873 btc (witch almost 9 are already mined) for adding a TerraMiner IV – 2TH/s to the mining operation, so i can understand why you are trying to scare people not to bid, hopping to obtain the shares for yourself extremely cheap. Yes, i need the money, that's why I'm selling, but did'n expect from anybody to apply such low strategy just for profit. Now i didn't asked you anything, so for the last time please leave this topic. Have a great day.
There's no spamming involved, I'm posting facts easily verifiable only.
On the other hand, you're deliberately keeping vital information from bidders, such as the fact that the GB3 miner is non-functional and possibly worthless. You're also not listing the distribution of your shares in the various GBs.
Oh, and:
Furuknap, if you are so good with the calculation why did you bought 200 shares @ 0.1 and want to buy more?
seems to be a question. I may just be reading too much into your question mark at the end, the sentence structure, and explicitly mentioning my name.So, to give bidders a better idea, you should note that 20 of your shares are in GB3*1, which isn't mining. If that needs to be refunded, it will refund at $5 per share, or 0.011BTC, less than a third of your reserve price.
The reinvestment fund may be relevant, I'll grant you that, but a CT IV in February for 13BTC is just throwing more money out the window:
http://mining.thegenesisblock.com/a/ddfaa4af6f
.b
*1: https://docs.google.com/spreadsheet/ccc?key=0ArPW9Lus2VT5dFpZbndNSXY0Y1RjTVFDQzlxUW1yS3c#gid=3
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