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Topic: KnCMiningOp shares - page 2. (Read 1412 times)

legendary
Activity: 1397
Merit: 1019
November 16, 2013, 06:06:36 PM
#13
If you buy it right now at BIN it will include the dividents for this week.
hero member
Activity: 843
Merit: 608
November 16, 2013, 06:04:19 PM
#12
does this include planned payment tomorrow? Or are you keeping that payment?
legendary
Activity: 1397
Merit: 1019
November 16, 2013, 05:58:48 PM
#11
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.
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
November 16, 2013, 05:41:12 PM
#10
Please respect the action terms and post offers equal or above the minimum bid. Furuknap, if you are so good with the calculation why did you bought 200 shares @ 0.1 and want to buy more? Sorry, you can't get them for almoust free.
Please do not spam this topic anymore. Thank you.

I bought my shares at a time when the mining landscape looked significantly different. I have lost some money and gotten burned on that. You're right now holding a torch in your hand, looking to burn someone else.

Sorry, when you ask a question, you can't expect not to hear a response. If you do not want to get a response, do not ask questions.

What you describe as "Almost free" is around 70% of possible return, so I'm calculating a risk of 30% that the rate of return is lower due to even higher increased network hash rate.

What you think is reasonable is 200% of what anyone could ever get back, so you're expecting someone to bet that Bitcoin mining suddenly goes out of fashion and half of every mining order made will be cancelled, and that is just to get back the money they give you, not to make any profit. Any risk of hardware failure (such as the continued failure of the GB3 miner, which I'm assuming you forgot to mention) is taken by the buyer on top of that.

Oh, and I'm not the one making these calculations.

My bid is still [email protected].

.b
legendary
Activity: 1397
Merit: 1019
November 16, 2013, 05:31:22 PM
#9
Please respect the action terms and post offers equal or above the minimum bid. Furuknap, if you are so good with the calculation why did you bought 200 shares @ 0.1 and want to buy more? Sorry, you can't get them for almoust free.
Please do not spam this topic anymore. Thank you.
sr. member
Activity: 294
Merit: 250
http://coin.furuknap.net/
November 16, 2013, 05:11:42 PM
#8
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
legendary
Activity: 1397
Merit: 1019
November 16, 2013, 04:13:22 PM
#7
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.
legendary
Activity: 1397
Merit: 1019
November 16, 2013, 04:11:21 PM
#6
Yes. I can get the groupbuy administrator to confirm and transfer shares. He will do the escrow himself.
member
Activity: 88
Merit: 10
November 16, 2013, 03:59:35 PM
#5
Do you sell with escrow ?
legendary
Activity: 1397
Merit: 1019
November 16, 2013, 02:07:58 PM
#4
I need the money that's why i sell below market price (lower than cex.io and adiction gb shares) and there are 600 shares (330 Gh) mining for reinvestment, so this is really a share in a mining operation, not just a bond that will dilute over time, so ROI and profit is guaranteed at BIN.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
November 16, 2013, 01:30:43 PM
#3
I can offer 2BTC if the shares fail to sell by the 48 hour mark (if your desperate) IF there is no payout from now till 48 hrs.  If there is a payout than my offer is void

@.036/share ROI probably wont be made (your reserve)

Difficulty jumps in a day


legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
November 16, 2013, 01:29:54 PM
#2
I can offer 2BTC if the shares fail to sell by the 48 hour mark (if your desperate) IF there is no payout from now till 48 hrs.  If there is a payout than my offer is void

@.036/share ROI probably wont be made (your reserve)



legendary
Activity: 1397
Merit: 1019
November 16, 2013, 11:19:55 AM
#1
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.
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