Topic: [SOLD OUT] Ninja Group Buy #2 - ANTMiner + KNC $10/GH .35BTC=30GH [0/300] - page 4. (Read 10377 times)

6 more shares purchased, brining me up to 7 shares.

https://blockchain.info/tx/7dafe667150afdb69c49ff1bed952dc3f855842929300b11d8305de6f22255e3

 

I've just paid for another share (tx: fd234ba46f827016588d9c6ec30124038c868d9b826bb670def9fa991c8bd631) therefor raising my number of shares to 4.

Happy with the quick installation, looking forward to the first dividend payments

Good work Ninja!

The ANTMINER is a good power efficient design; it's competitive with all the hardware that currently makes up the network.  The unlikely scenarios that you create with online calculators are flawed because you end up painting a picture where NO miner is profitable.  As a group buy owner you are responsible for your share of the space and power.  We can't selectively default on the cabinet that is holding them, so it's an equitable share of the risk.

Group buy #2 is being installed today, we have a bunch of miners in our staging area running right now. The full mine should be operational this evening.
Live Stats

I'm in for 1 share.

.35 BTC sent

7e323c391a91d7dc594b48464124337288a48b65e1667ac08c33114a730a6508

Is there any possibly this policy could be amended. I am thinking worst case scenario were the Neptune does not arrive in time and ANTMINER S1 becomes unprofitable. In this situation we would forfeit our mining rights before we get a chance to mine with the Neptune(Resulting in only 18GH per share instead of 30GH) or choose to mine at a lose while waiting for the Neptune to arrive. Also, since we are already paying you separate mining fees for the ANTMINER S1 and Neptune this would not add much of a burden and will not take away from your finances. For me and other miners this would add addition peace of mind and would encourage addition purchasing of shares.

1 share (0.33  BTC) a56d18bb116ac15b3c85fed44be5151e4df370cece43a6500b35f7d473047123

Thank you

Purchased 3 shares

a827d86c210222b4019d1849ed93ed367a6d014766a385b2f2504914b0147ea8

Monday, January 20, 2014   
Departed Facility in LOS ANGELES GATEWAY - USA

Guessing we will start to see some hashing early  . 

Hello
I need 1 shares
1APVdWjjaeeQoBhwfazFdQrDxgQLPpDcjn  -  5a0be2c096c740b402f658895dfe112b3e2d56a6c5fd4f4f6840ecfbcae67c44

We'll be underclocking them for the long-term game, and I'm sure the group will vote to liquidate before they become horribly unprofitable.  If you default on your obligations, then you lose your shares ~ sorry no partial default.  If you have 10, then physical delivery is good way to get out and still meet your obligations; and still collect on the Neptune.  A successful strategy involves careful reinvestment to continue to grow with the difficulty ~ there's a crap ton of less efficient hardware out there that will need to be turned off long before ours (Avalon/Avalon2, BFL 65nm, ASICminer, Clam, BTCGarden, etc).

We'll push for a refund if something terrible happens with KNC, but it's a pretty remote chance.  KNC is a company that keeps it's promises, which is why their hardware is in our group buys.  We choose to only deal with honest, ethical companies that do what they say they are going to do.  I've had plenty of bad experiences with other vendors; the product mix is picked from the best of the best.



We'll prorate shares that are bought after 24/01 (official hashing begins) to keep it fair for those that got in before the mine went live.  We've already purchased everything for Group #2, and almost everything now for Group #3 (we need to do some power supply tests today before we order those).

We have to limit now to only 280 shares. We're pulling 2 Ants (20) shares out of each group buy; when these things get "lucky" they pull a little more power and we are over our safe limit on power draw. 26 amps is the max safe limit for the allocated space. We're working on a solution for even more power density, hopefully we will be able to keep at 300 shares/ 30 ants.

What happens if shares for this group buy are not all sold by 24/01? Any impact on current shareholders

Thanks for the opportunity, I am in for two shares:

1CtZphfJkfd4R37xfxo1nKt3ixwAqTaZ7w / a24f694cc79b6b7211b2f40ac2babffb41cb75192dba966fd4bb89e3d1dce7dd:0

When this becomes true can we elect to forfeit our rights to only the ANTMINER S1, but since the Neptune will likely remain profitable for a longer duration of time; can we elect to continue paying the hosting fees for the Neptune only?

If the Neptune is not released or severely delayed for any reason, what course of action will you take? (Partial refund or reinvest into other mining equipment?)

It's another 30 Ants plus our last Neptune.  300 shares, you can buy one for every share you currently own; first come first served. And the sale starts now.  Feb 1st worst case install date and we'll almost certainly beat that.

We're looking at 12-18 cabs.  The third one should go into the cage right away, but if its' not ready we'll use a temp cab and move it too.  We're still negotiating the lease; hopefully we can get them down so I can pass lower prices on to everyone.

 

 

We merge mine on BTC Guild, the Namecoin are being saved for future purchases to benefit members (power supplies, fans, miner upgrades).  If you own 10 shares, after the initial 120 day period (possibly sooner, working on something big here), you could take your Antminer out of our pool, but keep it hosted with us.

Hi,

I am 1GkzDe5MifpNBUU3zTqvF183EUaMT3Wdy6. 1 share

Transaction ID: c53748b48b6fe373db4f6cf9438633d9778c96dbac7a6ad43fa909d0bbc94809

Any possibly I can use my share for ppc mining or merged mining?