Bitcoin Forum

Currently hosted with KNC under a 6 month contract.
Can probably request direct shipment from KNC if desired,... but why deny free hosting?

Here are all the details: http://chicago.craigslist.org/chc/ele/4238277531.html

Would sell it for $20k cash today and I will include all BTC payouts received from today and until date of sale. Would re-imburse travel expenses.
BTC is ok, but USD preferred. Already holding plenty BTC, need USD.

Flying to NYC Dec 13-22, can meet there to do the trade. or Chicago otherwise.

Whatever you need to be comfortable I understand this is a large trade. Receipts, pay outs, eligius pool statistics, we can call KNC to confirm, direct shipment option available too.

15.5btc inc. postage  escriw to Netherland

Thanks for the offer, but looking for local pick up. Am pretty inexperienced with escrow, not sure what to expect.

Right, But is this a local pickup from Sweden or Chigago?

Please confirm that this baby could be released from the hosting facility in Sweden asap instead of next March?
I need more than 'probably'  :)

I'm not sure what the best way of doing this. I hope the buyer would explain his concerns and we can work them out. Yes, it's currently hosted in Sweden and includes 6 months free hosting by KNC. I suppose it should be possible to pick it up directly from KNC in Sweden. But, I'm in Chicago, so I'd need to get paid first, i.e., probably with escrow. It may also be possible to have KNC ship it directly to the customer. Again, buyers - work with me.  If someone could meet me face-to-face in Chicago or New York (Dec 13-22nd), I would prefer that, but that seems unlikely to happen.

What if the buyer wants to keep hosting? 6 months are already included and paid for! I think this would be easiest, just transfer mining credentials over, and have KNC confirm owner transfer. How do we go about it? Anyone has experience dealing with a hosted device? I'd prefer not having to deal with shipping, and waiting for arrival, or pick up. With proper escrow, we should be able to close this today, just transfer mining credentials over, see it hashing, etc. Wait a week for KNC to confirm ownership, etc..., then escrow releases funds to me.

Does anyone have an offer of 17 BTC or higher?

EDIT: I contacted KNC to see how difficult it would be to transfer hosted device ownership to another person. Will update when they respond.

As estimates show it won't make more than about 13.8 BTC in it's lifetime  (assuming the difficulty shifts from 30% to 38% jumps given the new hardware coming) I can offer you 8BTC to hedge my bet..

I make the above offer to point out that you are doing pretty good with the offers you already have on the table, if someone is willing to pay more than the system will make them back I think you should jump on it while the offer is still good..

I wouldn't consider any offers under 17. Also this includes 6 months of original KNC hosting, assuming the buyer takes it.

How this one work out? Could you please explain more

Well, if you go to http://portal.kncminer.com, from there, you can manage your miner remotely, and configure which pool/address you want to mine with. (Currently, mine is set to Eligius). During the day of sale, I would give access of this portal to the escrow person, he can confirm that it is mining at 688 GH/s, etc. And then, from there the buyer would pay escrow the bitcoins. In the meantime, I'll be in contact with KNC in officially transferring the hosting/Jupiter ownership to the buyer. As soon as KNCMiner gives the go ahead, escrow then releases the coins to me, and the mining credentials over to the buyer, where he may change the password, set up a new e-mail address/login, etc. That's at least my idea of how it would go down. Let me know if you have better ideas.

According to my analysis, at 82% monthly difficulty growth, One should be able to get over 20 coins out.
http://mining.thegenesisblock.com/a/83e3c7341e

KNC responded that they don't support 3rd party sales and will not do ownership transfers... Yeah I give up trying to sell this. I also think the offers on here are not fair. I genuinely think it will be able to mine back 20 bitcoins. Anyways. Sorry it didn't work out.

wasn't it easier if you shipped the item to yourself and then reship it to the buyer? the offers are fair imho, my calc says 15btc is about right for your miner... you can try your luck at ebay, fools over there seem to be ready to overpay..

also 30% diff increase will be a thing of the past... you'll be staring a butt load of petahashes starting january 2014...

http://cointerra.com/asic-processor-fabout-bumpout-dates-announced/