Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: jayc89 on April 03, 2014, 01:40:45 PM



Title: [SHARES] KNC Titan - 1x Share = 1MH/s = $50 = 0.115B
Post by: jayc89 on April 03, 2014, 01:40:45 PM
I'd like to start up a share buy for 1x KNC Titan.

What I'm proposing;
- Selling 250 shares for 1MH/s at $50 each (currently approx .115BTC)
- Place order once 250 shares have been purchased
- Run the unit against a multipool - MiddleCoin, PoolWarz etc
- 5% service fee deducted from earnings (to cover power etc)
- Weekly payouts made to shareholders in BTC

I do have the resources available to host approx 5x of these, so should there be enough interest I'm happy to extend the offer to more than one unit.

I'm just throwing the idea out there at this stage - being a bit of a techie my intention would be to automate the whole process - from updating the stakeholder ledger to the weekly payouts.
I'm also happy to discuss the possibility of sourcing an escrow agent who would be happy to hold the coins until all 250 shares are sold.

Let me know what you think!


Title: Re: [SHARES] KNC Titan - 1x Share = 1MH/s = $50 = 0.115B
Post by: roslinpl on April 03, 2014, 01:44:55 PM
It sounds not bad!

I wish you score your goal with this.
Good luck!