Since the group buy has all sold out here, please look at my group buy.  Better percentage and longer runtime.

https://bitcointalk.org/index.php?topic=228700.0

Since shares are all gone on this thread, you can still buy into my Group buy at this link.  The percentages are a bit better and the run time is longer.

https://bitcointalk.org/index.php?topic=228700.0

We're up to 22 of 40 Shares sold now.  Atleast I won't be owning more than 50% of the shares!  Don't want to have to make all the decisions..

Great, look forward to you guys signing up.  We still have a few slots left.

From their customer service and online posting, the shipments are suppose to start in September/October 2013.

Yes, I can accept paypal.  Please send me a PM as I do not like to post my paypal info on the forum.  Please also note the price increase as BTC has gone down over 15% from where we started.

Thanks

I get about 80% as advertised.  Mining around 10Mhs there.

Hi,

In my group buy, I am hosting it in southern california at a datacenter.  Please check the group buy for more info.

https://bitcointalk.org/index.php?topic=228700.new#new

Thanks

This purchase is a go as we have the minimum amount of shares purchased.  The shares are still available for purchase if we have additional investors.  If not, I will own all unsold shares.  So I'll keep this Group buy open.  Prices may increase on the group buy at a later time as BTC prices fluctuates and value increases.  If you have an interest, please purchase now to secure your share at the low rate of 1 BTC for 4.375 Ghs of hashing power. 

If you guys have questions for me, you can post here or visit me at the chat on:

https://mcxnow.com

Bitcoinorama, blame this on the mania behind the process of aquiring a 1-500 position in the KNC Miner hysteria.  I too do not want to miss out on the opportunity to at least own a portion of a unit.  

I started this group buy so that the risk is split among several people.  My intention is offer everyone involved a fair amount of return for their investment.  My comment on the linked page only served an opinion that shows the risk involved.  If I fully had fate in this product and it's delivery time, I would buy 10 units without a group buy.  But due to skepticism, I have chosen to go the path of a group buy to minimize risk.

Megastore, I may be a bit new to this site but that doesn't mean there should be a lack of trust.  I do have a reputation thread but that's a little new also. 

https://bitcointalk.org/index.php?topic=208064.msg2178566#msg2178566

According to KNC Miner's specifications One hash is guaranteed:
175/40 = 4.375 GHs

Great!  We have 4 total now.  Need to get atleast half before I can proceed.  I'll just buy whatever's not bought.

Please reply or see comments in original thread at:
https://bitcointalk.org/index.php?topic=228700.msg2408200#msg2408200

Difference from other share offers: 
Ratio is 35 out of a total of 40 shares (1 less means higher cut).
Also we will continue to let the unit run for an additional 6 months more than other group shares. 
Also the group as a whole will have ownership of the unit.  During our group ownership, if an opportunity presents itself to sell the unit early, we will put it up for a vote.  If more than 60% agrees to sell the unit early.  We will sell and everyone will get their split according to the shares they own.   I personally feel this is the fairest deal and it’s what separates us from other offers.   
If you look carefully, you will notice the ratios are better than some of the other KNCMiner share groups.  I am able to house it at a friend’s data center so the unit will be properly cooled at a temperature of 67 degrees 24/7.  The unit will also be connected to a UPS at all times to ensure there’s no electrical issues. 

This group buy is intended to let forum members take part in the opportunity to purchase cheap hash-rate through the recently launched KNC Miner (https://www.kncminer.com) company located in Stockholm, Sweden. The unit that the shares relate to is the KNC Saturn advertised for 175 GH/s (https://www.kncminer.com/products/saturn-1500). 

I have structured the purchase so that members wanting to get access to the exceptionally cheap hash rate/GH that the Saturn offers can secure hash rate from one of the machines without spending the fullBTC35+ for a purchase.

Offering:

- 35 shares of BTC1 each are available.
- Each share entitles the owner to 1/40 of the BTC proceeds from a KNC Miner Saturn mining 24/7 for 30 months*, payment will be made to the address of the shareholders weekly. (* Miner breaking after 12 month warranty, random acts of nature like datacenter burns down etc.,internet downtime, not covered in 24/7 for 30 months(should not be a problem))
- The 5 outstanding shares will be owned by OP as payment for power/maintenance of the miner, peripheral hardware needed (UPS, possible router etc) and use of OPs '500 first unit' pre-order number that will be used to purchase the device.
- After 30 months we will consider decommissioning the miner if it is no longer profitable to run.

IN CASE OF NON DELIVERY: I take no responsibility for the possibility that KNC Miner does not deliver the miner. I have done what I consider a thorough due diligence but as we all know, you can never 100% guarantee anything when it comes to pre-orders.

To purchase shares:

- Send BTC1 per share to address: 1BmMNnMMEgw6EpDBNx1d9ZdRaiZw5y1ycB

- PM me/and post the transaction ID (txid) in this thread. ONLY use sending addresses you fully control. I will use the sending address for BTC payouts for your share ownership and if you request change of payout address I will require that you can sign your share purchase address to make this happen OR I WILL NOT CHANGE THE RECEIVING ADDRESS. This is for your own protection.

If I have forgotten anything or you require more info etc. Please feel free to ask/post in this thread.


Should the Group Buy not sell all 35 shares within 48 hours I reserve the right to refund all share holders their purchase price -1% for transaction fees and management of the group buy.

(thanks to TheSwede75 and SilentSonicBoom for their similar group buy that I used as a template for my group buy)

In this process we all have to take a bit of a risk.  If KNC Miner does not ship the product and they do reimburse us and not run off.  We will refund all shares purchased, minus 1%.  

If they run off with the funds, we are all in the same boat and it would be unfair to ask us to refund your investment as we also lose our investment.  

If there is a delay in shipment and the group as a whole decides to ask for a refund.  We will do so.  But we can't refund your money if the whole group decides to wait.  You can sell or change ownership of your shares for a transaction fee of .01 BTC.  

Please reply or see comments in original thread at:
https://bitcointalk.org/index.php?topic=228700.msg2408200#msg2408200

Difference from other share offers:  
Ratio is 35 out of a total of 40 shares (1 less means higher cut).
Also we will continue to let the unit run for an additional 6 months more than other group shares.  
Also the group as a whole will have ownership of the unit.  During our group ownership, if an opportunity presents itself to sell the unit early, we will put it up for a vote.  If more than 60% agrees to sell the unit early.  We will sell and everyone will get their split according to the shares they own.   I personally feel this is the fairest deal and it’s what separates us from other offers.    
If you look carefully, you will notice the ratios are better than some of the other KNCMiner share groups.  I am able to house it at a friend’s data center so the unit will be properly cooled at a temperature of 67 degrees 24/7.  The unit will also be connected to a UPS at all times to ensure there’s no electrical issues.  

This group buy is intended to let forum members take part in the opportunity to purchase cheap hash-rate through the recently launched KNC Miner (https://www.kncminer.com) company located in Stockholm, Sweden. The unit that the shares relate to is the KNC Saturn advertised for 175 GH/s (https://www.kncminer.com/products/saturn-1500).  

I have structured the purchase so that members wanting to get access to the exceptionally cheap hash rate/GH that the Saturn offers can secure hash rate from one of the machines without spending the fullBTC35+ for a purchase.

Offering:

- 35 shares of BTC1 each are available.
- Each share entitles the owner to 1/40 of the BTC proceeds from a KNC Miner Saturn mining 24/7 for 30 months*, payment will be made to the address of the shareholders weekly. (* Miner breaking after 12 month warranty, random acts of nature like datacenter burns down etc.,internet downtime, not covered in 24/7 for 30 months(should not be a problem))
- The 5 outstanding shares will be owned by OP as payment for power/maintenance of the miner, peripheral hardware needed (UPS, possible router etc) and use of OPs '500 first unit' pre-order number that will be used to purchase the device.
- After 30 months we will consider decommissioning the miner if it is no longer profitable to run.

IN CASE OF NON DELIVERY: I take no responsibility for the possibility that KNC Miner does not deliver the miner. I have done what I consider a thorough due diligence but as we all know, you can never 100% guarantee anything when it comes to pre-orders.

To purchase shares:

- Send BTC1 per share to address: 1BmMNnMMEgw6EpDBNx1d9ZdRaiZw5y1ycB

- PM me/and post the transaction ID (txid) in this thread. ONLY use sending addresses you fully control. I will use the sending address for BTC payouts for your share ownership and if you request change of payout address I will require that you can sign your share purchase address to make this happen OR I WILL NOT CHANGE THE RECEIVING ADDRESS. This is for your own protection.

If I have forgotten anything or you require more info etc. Please feel free to ask/post in this thread.


Should the Group Buy not sell all 35 shares within 48 hours I reserve the right to refund all share holders their purchase price -1% for transaction fees and management of the group buy.

(thanks to TheSwede75 and SilentSonicBoom for their similar group buy that I used as a template for my group buy)

GROUP BUY 1  [SOLDOUT]
By popular demand, we have opened a second Group buy.  BOTH UNITS ARE CONFIRMED DAY ONE DELIVERY!
GROUP BUY 2  [SOLDOUT]

Please do you send any money or Bitcoins before messaging me first.  We are down to the last few and I don't want to have to send you back your coins or payment..etc Message me first to confirm we have a slot left.

Share Holder Google Doc https://docs.google.com/spreadsheet/ccc?key=0AkhCYA7Cr4o3dFhqOGF2U3VXeEVjVEo5T1lUQXBOX0E&usp=sharing

Both systems are on the same order and will arrive the same day.
A vote will be put up to both group buys to see if the two group want to merge their mining so that if one unit dies, both groups will continue to share profit on one unit that is still running while the other unit is being repaired.  This vote will be put up once the second group buy is complete.

Difference from other share offers:  
Due to exchange rate of BTC going to the current price of $74 USD, we have to change the cost per share to 1.75 BTC.  KNCMiner accepted prices based off of USD converted to BTC.  So it cost more BTC when the price of BTC drops.  Those that got in early will retain their existing shares.  
Ratio is 35 out of a total of 40 shares (1 less means higher cut).
Also we will continue to let the unit run for an additional 6 months more than other group shares.  
Also the group as a whole will have ownership of the unit.  During our group ownership, if an opportunity presents itself to sell the unit early, we will put it up for a vote.  If more than 60% agrees to sell the unit early.  We will sell and everyone will get their split according to the shares they own.   I personally feel this is the fairest deal and it’s what separates us from other offers.    
If you look carefully, you will notice the ratios are better than some of the other KNCMiner share groups.  I am able to house it at a friend’s data center so the unit will be properly cooled at a temperature of 67 degrees 24/7.  The unit will also be connected to a UPS at all times to ensure there’s no electrical issues.  

This group buy is intended to let forum members take part in the opportunity to purchase cheap hash-rate through the recently launched KNC Miner (https://www.kncminer.com) company located in Stockholm, Sweden. The unit that the shares relate to is the KNC Saturn advertised for 175 GH/s (https://www.kncminer.com/products/saturn-1500).  

I have structured the purchase so that members wanting to get access to the exceptionally cheap hash rate/GH that the Saturn offers can secure hash rate from one of the machines without spending the fullBTC35+ for a purchase.

Offering:

- 35 shares of BTC1.75 each are available.
- Each share is worth approximately 5ghs of hashing power
- Each share entitles the owner to 1/40 of the BTC proceeds from a KNC Miner Saturn mining 24/7 for 30 months*, payment will be made to the address of the shareholders weekly. (* Miner breaking after 12 month warranty, random acts of nature like datacenter burns down etc.,internet downtime, not covered in 24/7 for 30 months(should not be a problem))
- The 5 outstanding shares will be owned by OP as payment for power/maintenance of the miner, peripheral hardware needed (UPS, possible router etc) and use of OPs '500 first unit' pre-order number that will be used to purchase the device.
- After 30 months we will consider decommissioning the miner if it is no longer profitable to run.

IN CASE OF NON DELIVERY: I take no responsibility for the possibility that KNC Miner does not deliver the miner. I have done what I consider a thorough due diligence but as we all know, you can never 100% guarantee anything when it comes to pre-orders.

To purchase shares:

- Send BTC1.75 per share to address: 1BmMNnMMEgw6EpDBNx1d9ZdRaiZw5y1ycB

- PM me/and post the transaction ID (txid) in this thread. ONLY use sending addresses you fully control. I will use the sending address for BTC payouts for your share ownership and if you request change of payout address I will require that you can sign your share purchase address to make this happen OR I WILL NOT CHANGE THE RECEIVING ADDRESS. This is for your own protection.

If I have forgotten anything or you require more info etc. Please feel free to ask/post in this thread.


Should the Group Buy not sell all 35 shares within 48 hours I reserve the right to refund all share holders their purchase price -1% for transaction fees and management of the group buy.

(thanks to TheSwede75 and SilentSonicBoom for their similar group buy that I used as a template for my group buy)

You're a bit slow Erun!  It's negative in profitablity now.

Don' mine this coin!  It's just bad news.  If Hazard thinks it's crappy, you know t's crappy cuz you know the stuff Hazard puts out ain't that great.  So go ahead and mine it if you want to mine a coin that's been premined to the kazoo!!  I pass on this also!