Please read UPDATE BELOW

I already purchased and paid in full for one Titan miner. So regardless of how many share sold, this
group buy still going to happen. Proof of purchase is included below.
   
   I was lucky that I paid for this miner already so the recent drop in BTC price will not affect us.
   
   Offering:
1share= 1/20 sharing in one KNC Titan. As you know one Titan cost so much
and not every one will be able to afford $10K machine so I offer this group buy here so
every miner will be able to get in the best mining hardware .

   1 share @ 1 Bitcoin = 5MH/s scrypt hashing speed minus 4% hosting fee on top of electricity
 cost( my electric rate is around 8.2 cent/KWH, very low cost)
Miner will host in air conditioned room, I may set up a web cam later so everyone can
see the miner in real time.

   we will mine as long as the miner still profitable , I will send out payment weekly
every Saturday.

   If you want to joint please send 1 Bitcoin to 16D7pmvTJQA3FkwVHz6tqCnbFMjMXqLF9A

after that reply here , PM  with the transaction ID along with your address. Please only use
the address that you have control.


   About me
 More than 14 years with Ebay and I earned purple heart with over 500 feedback with 100% possitive
Ebay user ID is Phuy9450.
I am alway open to meet in person if you local around Dallas TX.
I run my own bussiness for the last 10 years so my time is flexible and I will have more
 time devote to mining and manage miner, respond to share holder question and need.
I have been mining LTC with GPU for the last 2 years.
I also currently mining with multiple BFL Singles and Jupiters so I already have infastructure in place
(spare space, extra power line, AC unit, all miners will be on 240V power to save electricity)

In case of KNC not deliver the miner or not refund  then I will not be hold responsible for it
So far KNC been very good and I bought 2 miners from them before with no problem.
If KNC refund the order then I will forward those refund out to share holder.
  
  
We will mine LTC mainly , we only switch to other if it offer more than 20% in additional profit. Payment to share holder also will be in LTC to keep thing simple.

If you have any questions please feel free to ask


UPDATE :
March 27

I think 1 bitcoin per share may still be too expensive so I update this group buy and lower the
price per share. Here is the new calculation for 300 share


1 Titan at 250MH/s  cost 20 BTC divine into 300 shares

1 share = 0.833MH/s
1 share = 20BTC/300 shares = 0.06666 BTC

I will also request escrow from Sebju for this group buy so do not send payment now. After Sebju respond with his wallet address. You can reserve share if you like, just post it here and I will reserve for you
then I will update it here .
All fund will be hold by Sebju and he will pay KNC directly.

escrow address from Sebastian  :   1E85eJC7ZmELyw9oo3973WTARmrcFf16F5

I was set permission for trade only, so I go back and set permission for all and it work now. Thanks

t

I try to start running my bot at BTC e and it keep saying invalid API key. I try over and over and create a new API key and it still doesn t take it. Is anyone know why

hello ba con

let get back to the topic.   


Can we have a list of volunteers that will go visit this company in person and see if they are real ?

Who is planning to go

how about use one address for a day and the next day use a new address. This way they will not know your total take in and easier for owner to manage.

Gigabyte card run hotter than other manufactures. You need a riser and a big fan blow air over all four cards to help them out.

I say $50- 100 is the most.  Now here is the interesting thing, from 5ghs to 50ghs Single SC  BFL only need to add more chips at around $5 each. So total cost for a Singel SC is around $130 max and they selling for $2500. 

That is 1900% profit margin. 

cool i will buy fours

I also forgot that BFL rig is self contain. Fast hand rig will be rack mount so add additional cost to buy rack and setup etc.... to the final cost.

BFL minirig was $30K for 1.5 Ths . Let say they double the price to $60K for 1.5Ths  . That will be around $40 per Ghs . Fast hand machine is 400Ghs  so 400 x $40 = $16K  .  That would be a fair deal, and a premium price around $20K will be the max that I will pay.

Will Avalon making batch 4 ?

I did the same thing   except I change address then mail to old address to see if it will be forward to new address as planned  

on BTC yes
LTC   no

I was in the same route like you few week back and decided to get a case instead. Without a case all I save is $19 cost for a case. But with a case come with many benefit:

don t have to deal with a mess of cable laying around
I can move the whole thing quickly to any where I want
Do not have to worry about wire touching or short out and fire
maybe better cooling for the motherboard
a big plug if you have pet or kid in the house

avalon sold out,
Basic out of biz
BFL has a long wait list and they not even ship.

only thing to do is buy coin and wait for now

must be the way with Scrypt mining,

link not working

did u pay right after you order