Bitcoin Forum

Alternate cryptocurrencies => Mining (Altcoins) => Topic started by: TheCave on September 02, 2014, 09:16:51 AM



Title: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 02, 2014, 09:16:51 AM
Delivery: First weeks of October

Titan KNC

SKU:14L
Size:60 x 50 x 20  
Weight:4 kg.

• Minimum 250/MH/s of performance
• Uses a Standard ATX power supply (customer supplied ATX)
• Based on the existing Jupiter form factor but will have blades of cards inside
• Shipment begins in Q2/Q3 of 2014

Proof of order

http://s30.postimg.org/eeb734380/kncpaid.jpg




Prices


Each share is 500 Kh/s and it cost 0.07 BTC

Offers:

10 MH/s = 0.8 BTC

30 MH/S = 2 BTC

50 MH/S = 2.9 BTC

Payments

Address: 1Le4ZnUqPVvK7yN3DhsRZSJbCFLhHFRSVB or pay with *ESCROW 1K6bNtCfcFcKXroZ53wfW2ZRnVgVZVrJV9

Calculate your price n(shares)*0.09 and than send.

Send me a PM or an e-mail at eduweiz@hotmail.com

1) your nickname
2) your transaction ID
3) shares bought

Write in this thread TX ID and number of shares.

Hosting

Miners will be hosted in a workshop located in Brescia, Italy. The location is ready to host Titans as they arrive, We are a group of 3 people with good experience of mining, we were mining bitcoins in London since 2012 and now we are going to mine litecoins because bitcoin mining is no longer profitable.


FEES 3%


Refund clauses

Refund is allowed in any moment,

if you realize that you no longer want to participate to this GB for any reason: you will get full refund

When refund is not allowed?    When we are in delivery time: Q2/Q3 of 2014

Anyway If shipping will be late, we'll make a votation between shares holders to decide if we want to get a full refund or if we just want to wait miners anyway.


*ESCROW

I accept escrow, moneys will be released as first month of dividends is paid. Escrow is Hightower escrow 0.5% FEES

Address: 1K6bNtCfcFcKXroZ53wfW2ZRnVgVZVrJV9

500 MH/s available

PROSPECT 2014

N° 2 KNC TITAN   TOTAL HASHRATE   500 MH/S                     
 

ROI=200% within end of 2014.
ESCROW ACCEPTED.

Shares list

Picknic: 50MH/s


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: WeMineCoins on September 02, 2014, 04:13:11 PM
I hate it when people say things like "ROI=200%" within any time frame when it comes to mining. It's an outright lie you can't possibly know you are guessing and it's dishonest to not disclose that.


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 03, 2014, 06:25:54 AM
I hate it when people say things like "ROI=200%" within any time frame when it comes to mining. It's an outright lie you can't possibly know you are guessing and it's dishonest to not disclose that.

Sorry man, I mean that I think that ROI could possibly is 200%, nothing is for sure. Just taken from the calculator!


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: petersiddle98 on September 03, 2014, 07:53:24 AM
I hate it when people say things like "ROI=200%" within any time frame when it comes to mining. It's an outright lie you can't possibly know you are guessing and it's dishonest to not disclose that.

Sorry man, I mean that I think that ROI could possibly is 200%, nothing is for sure. Just taken from the calculator!

I just did a calculation and the ROI is -45% over the lifetime.


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 03, 2014, 05:36:40 PM
I hate it when people say things like "ROI=200%" within any time frame when it comes to mining. It's an outright lie you can't possibly know you are guessing and it's dishonest to not disclose that.

Sorry man, I mean that I think that ROI could possibly is 200%, nothing is for sure. Just taken from the calculator!

I just did a calculation and the ROI is -45% over the lifetime.

which calculator did you use? try with this https://www.litecoinpool.org/calc ROI is 200% guaranted


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: WeMineCoins on September 03, 2014, 05:48:43 PM
I hate it when people say things like "ROI=200%" within any time frame when it comes to mining. It's an outright lie you can't possibly know you are guessing and it's dishonest to not disclose that.

Sorry man, I mean that I think that ROI could possibly is 200%, nothing is for sure. Just taken from the calculator!

I just did a calculation and the ROI is -45% over the lifetime.

which calculator did you use? try with this https://www.litecoinpool.org/calc ROI is 200% guaranted

You must not have been mining long if you think that's how it works. To be profitable at such a small scale (your hash power won't be much by nov-december) It's even more important to strategically sell coins. Good luck and stop misleading people.


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 04, 2014, 06:14:42 AM
I hate it when people say things like "ROI=200%" within any time frame when it comes to mining. It's an outright lie you can't possibly know you are guessing and it's dishonest to not disclose that.

Sorry man, I mean that I think that ROI could possibly is 200%, nothing is for sure. Just taken from the calculator!

I just did a calculation and the ROI is -45% over the lifetime.

which calculator did you use? try with this https://www.litecoinpool.org/calc ROI is 200% guaranted

You must not have been mining long if you think that's how it works. To be profitable at such a small scale (your hash power won't be much by nov-december) It's even more important to strategically sell coins. Good luck and stop misleading people.

Prices are very good looking what I spent to buy miners, I'm just trying have back something with this GB and maybe people who buy these shares will earn some profit if litecoins raise to 10$ again.

The same thing happened 1 years ago with bitcoins when people were buying cointerra's miners. Good luck


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: PickNic on September 04, 2014, 09:29:39 AM
Hello,

as I wrote to you by PM, I'm really interested in 50MH/s, but I need a discount and I'd like to pay by bank transfer because I saw low activity of the escrow... If it is possible I will be your first client!

what discount can I get for 50MH?


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 04, 2014, 09:37:13 AM
Hello,

as I wrote to you by PM, I'm really interested in 50MH/s, but I need a discount and I'd like to pay by bank transfer because I saw low activity of the escrow... If it is possible I will be your first client!

what discount can I get for 50MH?

Ok.. so, you can pay by bank transfer, just because you're the first. I can assure you that the escrow is always online, I talk with him yesterday. Anyway no problems, my offer is

50 MH for 1650€ really good price.

my bank:

IBAN  IT82 Z010 0576 700 0000 009 347
Bank: Banca Nazionale del Lavoro
Name: Francesco Crepuzzi

After you pay, please send me CRO of payment, so I will add you to the shares list


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: PickNic on September 04, 2014, 10:01:17 AM
Hello,

as I wrote to you by PM, I'm really interested in 50MH/s, but I need a discount and I'd like to pay by bank transfer because I saw low activity of the escrow... If it is possible I will be your first client!

what discount can I get for 50MH?

Ok.. so, you can pay by bank transfer, just because you're the first. I can assure you that the escrow is always online, I talk with him yesterday. Anyway no problems, my offer is

50 MH for 1650€ really good price.

my bank:

IBAN  IT82 Z010 0576 700 0000 009 347
Bank: Banca Nazionale del Lavoro
Name: Francesco Crepuzzi

After you pay, please send me CRO of payment, so I will add you to the shares list

Payment sent, check your inbox


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 04, 2014, 10:08:54 AM
Hello,

as I wrote to you by PM, I'm really interested in 50MH/s, but I need a discount and I'd like to pay by bank transfer because I saw low activity of the escrow... If it is possible I will be your first client!

what discount can I get for 50MH?

Ok.. so, you can pay by bank transfer, just because you're the first. I can assure you that the escrow is always online, I talk with him yesterday. Anyway no problems, my offer is

50 MH for 1650€ really good price.

my bank:

IBAN  IT82 Z010 0576 700 0000 009 347
Bank: Banca Nazionale del Lavoro
Name: Francesco Crepuzzi

After you pay, please send me CRO of payment, so I will add you to the shares list

Payment sent, check your inbox

Received.


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: notlist3d on September 04, 2014, 10:25:41 AM
I hate it when people say things like "ROI=200%" within any time frame when it comes to mining. It's an outright lie you can't possibly know you are guessing and it's dishonest to not disclose that.

Sorry man, I mean that I think that ROI could possibly is 200%, nothing is for sure. Just taken from the calculator!

I just did a calculation and the ROI is -45% over the lifetime.

which calculator did you use? try with this https://www.litecoinpool.org/calc ROI is 200% guaranted

You are going to guarantee 200 percent ROI? 


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 04, 2014, 10:44:19 AM
I hate it when people say things like "ROI=200%" within any time frame when it comes to mining. It's an outright lie you can't possibly know you are guessing and it's dishonest to not disclose that.

Sorry man, I mean that I think that ROI could possibly is 200%, nothing is for sure. Just taken from the calculator!

I just did a calculation and the ROI is -45% over the lifetime.

which calculator did you use? try with this https://www.litecoinpool.org/calc ROI is 200% guaranted

You are going to guarantee 200 percent ROI? 

No I can't sorry, but I'm sure that it is possible


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: PickNic on September 05, 2014, 01:26:39 PM
Sent you an e-mail and pm with some details


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: tom99 on September 05, 2014, 02:48:38 PM
  Do you have any idea when you are going to get the miners from KNC?


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: vipgelsi on September 05, 2014, 02:50:54 PM
What are your electricty rates in your area?


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 05, 2014, 09:37:51 PM
  Do you have any idea when you are going to get the miners from KNC?


first week of october


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 05, 2014, 09:40:47 PM
What are your electricty rates in your area?

It is 3% fees I pay electricity


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: sandpaper on September 05, 2014, 10:06:33 PM
Wait 1 share is .09 BTC and 1 share = 500KH/s? I have that right?


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 06, 2014, 10:39:57 AM
Wait 1 share is .09 BTC and 1 share = 500KH/s? I have that right?

yes, you right.

Anyway offers are a good way to get a discount.


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: sandpaper on September 06, 2014, 07:14:27 PM
Hate to break it to you but ~$45 for a MH isn't a good value. I could easily provide it could $15 per MH paid out in LTC weekly.


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 08, 2014, 07:32:26 AM
Hate to break it to you but ~$45 for a MH isn't a good value. I could easily provide it could $15 per MH paid out in LTC weekly.

where? $15 per MH? lol


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: sandpaper on September 08, 2014, 03:51:21 PM
LTCGear.com create a username and I can sell you 10 shares = 1 MH = .032 BTC Per.



Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 08, 2014, 04:09:22 PM
LTCGear.com create a username and I can sell you 10 shares = 1 MH = .032 BTC Per.



are you the seller? how can you sell 1mh for 0.032? where did u buy your equip? how long are you mining with it?


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: spiceminer15 on September 08, 2014, 04:13:09 PM
anyone who does this is insane.


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 10, 2014, 10:33:07 AM
anyone who does this is insane.

really true :)


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: PickNic on September 15, 2014, 06:55:58 AM
any news about delivery times?


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 15, 2014, 10:35:15 AM
any news about delivery times?

yes, delivery estimated time is first week of october.


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: OrientA on September 15, 2014, 11:06:35 AM
I did a calculation with https://bitcoinwisdom.com/litecoin/calculator.
It will not ROI. The price of the 400MH/s miner is $7000. Difficulty rise 5% every adjustment. Electricity price is $0.1/kWh. Delivery time: 16 Oct 2014. The total loss is $4795.

Date                                       Difficulty   Revenue        Profit      Return
2014                                                                             -7000
10-16 – 10-31 (16 days)       48800            558.2       547   -6453
11-1 – 11-30 (46 days)             62282            736.1       721.4   -5732
12-1 – 12-31 (77 days)            96621           465.5              456.2   -5275
2015
1-1 – 1-31 (108 days)               149 K           271.8               266.4   -5009
2-1 – 2-28 (136 days)               232 K           137.3               134.5   -4874
3-1 – 3-31 (167 days)               343 K            73.75       72.27     -4802
4-1 – 4-30 (197 days)               532 K           20.23            19.82   -4782
5-1 – 5-31 (228 days)               826 K          -13.23            -12.97   -4795


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 15, 2014, 01:28:28 PM
I did a calculation with https://bitcoinwisdom.com/litecoin/calculator.
It will not ROI. The price of the 400MH/s miner is $7000. Difficulty rise 5% every adjustment. Electricity price is $0.1/kWh. Delivery time: 16 Oct 2014. The total loss is $4795.

Date                                       Difficulty   Revenue        Profit      Return
2014                                                                             -7000
10-16 – 10-31 (16 days)       48800            558.2       547   -6453
11-1 – 11-30 (46 days)             62282            736.1       721.4   -5732
12-1 – 12-31 (77 days)            96621           465.5              456.2   -5275
2015
1-1 – 1-31 (108 days)               149 K           271.8               266.4   -5009
2-1 – 2-28 (136 days)               232 K           137.3               134.5   -4874
3-1 – 3-31 (167 days)               343 K            73.75       72.27     -4802
4-1 – 4-30 (197 days)               532 K           20.23            19.82   -4782
5-1 – 5-31 (228 days)               826 K          -13.23            -12.97   -4795

electricity price 0.1$/kwh? lol

fees are 3% no electricity costs


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: OrientA on September 15, 2014, 03:19:18 PM
I did a calculation with https://bitcoinwisdom.com/litecoin/calculator.
It will not ROI. The price of the 400MH/s miner is $7000. Difficulty rise 5% every adjustment. Electricity price is $0.1/kWh. Delivery time: 16 Oct 2014. The total loss is $4795.

Date                                       Difficulty   Revenue        Profit      Return
2014                                                                             -7000
10-16 – 10-31 (16 days)       48800            558.2       547   -6453
11-1 – 11-30 (46 days)             62282            736.1       721.4   -5732
12-1 – 12-31 (77 days)            96621           465.5              456.2   -5275
2015
1-1 – 1-31 (108 days)               149 K           271.8               266.4   -5009
2-1 – 2-28 (136 days)               232 K           137.3               134.5   -4874
3-1 – 3-31 (167 days)               343 K            73.75       72.27     -4802
4-1 – 4-30 (197 days)               532 K           20.23            19.82   -4782
5-1 – 5-31 (228 days)               826 K          -13.23            -12.97   -4795

electricity price 0.1$/kwh? lol

fees are 3% no electricity costs

Even if the electricity price is 0, it will not ROI due to the difficulty rise and fees.


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 15, 2014, 03:29:51 PM
difficulty will go down, do your homework about ltc


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: OrientA on September 15, 2014, 03:36:44 PM
difficulty will go down, do your homework about ltc

Difficulty will be at least 60k by the end of the year.


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 17, 2014, 10:43:05 AM
difficulty will go down, do your homework about ltc

Difficulty will be at least 60k by the end of the year.

it is a prediction? :)


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: OrientA on September 17, 2014, 12:53:51 PM
difficulty will go down, do your homework about ltc

Difficulty will be at least 60k by the end of the year.

it is a prediction? :)

With all those KNC and other miners coming to the mining, it is easy.

The difficulty is 33k, 1000GH/s. To achieve 60k, we only need 3000 KNC miner with hash rate of 300MH/s.


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: theblacklist on September 17, 2014, 06:18:55 PM
Looks promising anyway good luck with this goal guys !


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 19, 2014, 10:07:00 AM
given the recent events around the litecoins I decided to sell off the miners at very low prices to get back part of the investment.

good luck


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: vipgelsi on September 25, 2014, 03:49:12 AM
Price needs to help support ltc difficulty.


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: TheCave on September 30, 2014, 10:24:51 AM
Price needs to help support ltc difficulty.

With this prices you will earn a good ROI and I will lose part of my investment, but not everything!

good luck


Title: Re: KNC TITAN - LITECOIN MINING - START NOW
Post by: PickNic on October 01, 2014, 01:06:19 PM
any GOOOOD news? :)