Bitcoin Forum

Alternate cryptocurrencies => Marketplace (Altcoins) => Topic started by: sgrimmett on March 26, 2014, 07:01:05 PM



Title: Group buy KNC Titan
Post by: sgrimmett on March 26, 2014, 07:01:05 PM
I'm thinking about putting together a groupbuy for a KNC Titan with possibly some immediate hashing thrown in from our existing GPUs.

Option 1:  Yet another KNC Titan Group Buy - 1BTC/5Mhs, 20 shares.

Option 2:  2 BTC for 5MH/s (1Mhs now, 4Mhs when KNC ships).  This is double the current group buy price but is in line with GPU pricing/Mhs, but would provide you with a small drip dividend from now until KNC ships the Titan. 

Total of 25 shares.

Option 3:  1 BTC/1Mhs immediate hashing

All hosted in our dedicated, secured, air conditioned environment.  We hash whatever is most profitable - with a goal to gain 20% more than LTC.  Hosting fees are as follows:

Space/power = $50/month per 1Mhs, GPU; to be determined for KNC miner, but expected to be less than $10/month per 1Mhs
Management fee = Performance based relative to LTC to keep operator focussed on maximizing profits.  If we are equivalent or less than LTC, no management fee, 5-9.99% higher = 1% fee, 10-14.99% higher = 2% fee, 15-19.99%=3%, 20-24.99% higher = 4%, 25+% higher that LTC = 5%.

Will formally present with details on me/space, etc shortly, but would appreciate any thoughts.


Title: Re: Group buy KNC Titan
Post by: Abecent on March 27, 2014, 10:21:35 AM
Perhaps you could register a company and provide people with the real hash rental agreements?


Title: Re: Group buy KNC Titan
Post by: sgrimmett on March 27, 2014, 02:32:27 PM
Perhaps you could register a company and provide people with the real hash rental agreements?

We have a company already specifically for this.    We do short term rentals already, but we could put together a longer term rental if that is what the community desires.