Yeah it's much better to be organized now and save a lot of headaches for everyone would be very clear and organize for when I do bi-weekly dividends as well!

No problem my fault. I am making a google docs spreadsheet right now. It has auto save

https://docs.google.com/spreadsheet/ccc?key=0Ah5wT_NTrV00dDBSZmVaMDBjR1lrc3piNlNQRTkwQUE&usp=sharing

I'm going to start using Google Docs now like I did with the Avalon Chips GB. I don't know why I didn't in the first place. It would have saved so much trouble and headaches - In fact I'm going to spend the entire day backtracking every single payment and updating them on google docs with proof of payment etc.

If you think I am wrong or missed you on these lists please correct me asap!

Also if you would like to speak to me directly via VOIP with any regards or concerns please call my google voice: 860-631-7775 or my skype: vodkawow

Jupiter #1 has been paid!

1st KnC Jupiter:
Xeen - 1 BTC - 2 Shares
pickymeek - .5 BTC - 1 Share
juula - 10 BTC - 20 Shares
samos123 - 2 BTC - 4 Shares
annoEleni - $400 PP - 8 Shares - FB
annoJBerglund - $100 PP - 2 Shares
wolfskill - 1 BTC - 2 Shares
colonelsanders99 - 1.1 BTC - 2 Shares
EsDva - 4 BTC - 8 Shares
reactor - 2.2 BTC - 4 Shares
COINPRADER - .5 BTC - 1 Share
helloge 1.5 BTC - 3 Shares
ezisdog - 1.5 BTC - 3 Shares
danieldaniel - .55 BTC - 1 Share
George900 - .55 BTC - 1 Share
riclas - 10.45 - 19 Shares
Colgate - $600 - 12 Shares
Paranoia - 1.1 BTC - 2 Shares
gtdevo - 6.6 BTC - 11 Shares
sealight - 3 BTC - 5 Shares
Faerbit - .6 BTC - 1 Share
lajz99 - $100 PP - 2 Shares
physalis -2.5 BTC - 5 Shares
floatyfish - .55 BTC - 1 Share
piecinitup - 1.1 BTC - 2 Shares
Gyu - $500 PP - 10 Shares
czspeedycz - 3BTC - 5 Shares
mightycount $500 PP - 6 Shares (6 on #1 Jup 4 on #2 Jup)

143 / 143

Jupiter #2:

mightycount $500 PP - 4 Shares
Bamdad - .55 BTC - 1 Share
Fantazygirl  - $200 PP - 4 Shares
jongaper - 1.6 BTC - 2 Share
m_yaw - .6 BTC - 1 Share
2400baud - $100 PP - 2 Shares

11 / 143

Already paid. I will be sorting out who will be on Jupiter 2. I think it is fair to put the later payments on Jupiter 2 no? First come first serve basis. Those who paid first will be on this Jupiter.


Sorry about that fixed it for you. Might be forum error or I didn't press save on the original post.


1st KnC Jupiter:
reactor - 2.2 BTC - 4 Shares
COINPRADER - .5 BTC - 1 Share
helloge 1.5 BTC - 3 Shares
ezisdog - 1.5 BTC - 3 Shares
danieldaniel - .55 BTC - 1 Share
George900 - .55 BTC - 1 Share
riclas - 10.45 - 19 Shares
Colgate - $600 - 12 Shares
Paranoia - 1.1 BTC - 2 Shares
gtdevo - 6.6 BTC - 11 Shares
sealight - 3 BTC - 5 Shares
Faerbit - .6 BTC - 1 Share
lajz99 - $100 PP - 2 Shares
physalis -2.5 BTC - 5 Shares
floatyfish - .55 BTC - 1 Share
piecinitup - 1.1 BTC - 2 Shares
Gyu - $500 PP - 10 Shares
czspeedycz - 3BTC - 5 Shares


FROM SATURN MERGED TO JUPITER!
Xeen - 1 BTC - 2 Shares
pickymeek - .5 BTC - 1 Share
juula - 10 BTC - 20 Shares
samos123 - 2 BTC - 4 Shares
annoEleni - $400 PP - 8 Shares - FB
jamesc760 - .5 BTC - 1 Share - reserved
annoJBerglund - $100 PP - 2 Shares
wolfskill - 1 BTC - 2 Shares
colonelsanders99 - 1.1 BTC - 2 Shares
EsDva - 4 BTC - 8 Shares
mightycount $500 PP - 10 Shares
Bamdad - .55 BTC - 1 Share
Fantazygirl  - $200 PP - 4 Shares
jongaper - .7 BTC - 1 Share
m_yaw - .6 BTC - 1 Share


Total:
 
154 / 143 Shares

--------------------------------------------------

Sorting through payments now. I have to backtrack everything now to make sure it's fair for everyone Please be patient - Without further a due let the 2nd Jupiter begin!

NO MORE SATURNS!

I already warned you guys about this lol


It will be hosted in my basement. It's being renovated right now. Once everything is completed I will show some pictures


It varies day by day. Mark my words extras will be adjusted / refunded. And I have not even counted custom fees yet (if there is one ...) I will know from my Avalon Chips Group Buy on customs regulations etc.

I don't understand. This happened more than once. I would save the post but it wouldn't save. That's what causing the problems. Either that or I have some serious ADD and forget to press save

This should be good. Ok so we will do first come first serve. We will merge the Saturn and Jupiter together. If you want your Saturn share to go to Jupiter please let me know! If not let me know your decision for a refund. There are more shares when combined so those who paid first gets put on the list first.

1st KnC Jupiter:
reactor - 2.2 BTC - 4 Shares
COINPRADER - .5 BTC - 1 Share
helloge 1.5 BTC - 3 Shares
ezisdog - 1.5 BTC - 3 Shares
danieldaniel - .55 BTC - 1 Share
George900 - .55 BTC - 1 Share
riclas - 10.45 - 19 Shares
Colgate - $600 - 12 Shares
Paranoia - 1.1 BTC - 2 Shares
gtdevo - 6.6 BTC - 11 Shares
sealight - 3 BTC - 5 Shares
Faerbit - .6 BTC - 1 Share
lajz99 - $100 PP - 2 Shares
physalis -2.5 BTC - 5 Shares
floatyfish - .55 BTC - 1 Share
piecinitup - 1.1 BTC - 2 Shares
Gyu - $500 PP - 10 Shares
czspeedycz - 3BTC - 5 Shares


FROM SATURN MERGED TO JUPITER!
Xeen - 1 BTC - 2 Shares
pickymeek - .5 BTC - 1 Share
juula - 10 BTC - 20 Shares
samos123 - 2 BTC - 4 Shares
annoEleni - $400 PP - 8 Shares - FB
jamesc760 - .5 BTC - 1 Share - reserved
annoJBerglund - $100 PP - 2 Shares
wolfskill - 1 BTC - 2 Shares
EsDva - 4 BTC - 8 Shares
mightycount $500 PP - 10 Shares
Bamdad - .55 BTC - 1 Share
Fantazygirl  - $200 PP - 4 Shares
jongaper - .7 BTC - 1 Share
m_yaw - .6 BTC - 1 Share


Total:
 
152 / 143 Shares

sorry miscalculations fixing now.

Everything should be fixed. As per request I have merged Saturn with Jupiter. I think this is a no brainer because you will be getting more bang for your buck!

Also please excuse my tardiness. I have so much going on right now it's not even funny lol. I'm trying to get the 900 SQFT room ready for these machines. We need to do sheetrock / ceilings and put in good electrical for good AMPs for these babies


fixing.

fixed sorry it's been really crazy here the last few days




I second this!



.9 BTC per share for either Saturn or Jupiter now... crazy BTC drop.



Jupiter has been put in order but NOT purchased yet. We need to fill the requirements so I can go ahead and purchase it.

Due to recent theft of crazyblane's Avalon ASIC I would probably require an NDA requirement so you will not disclose the locations of the machines for security reasons of share owners and also your identifications.

Hey also I got a friend who just moved back to Sweeden dig up some stuff on KnC... check it out:

http://www.mediafire.com/?gl8l3xneto0994t

Thoughts?

Hey also I got a friend who just moved back to Sweeden dig up some stuff on KnC... check it out:

http://www.mediafire.com/?gl8l3xneto0994t

yup I marked you already



Shares are no longer .5 BTC each they are .9 BTC due to drop in BTC prices!


Would you like me to return the .5 or can you send more?




Yeah I know. What a headache. I wished they just stable around ~$100 to make everyone's lives easier.




typo / forgot to edit.

KnC Said they will start shipping Sept / OCT

Going through PMs and replies now guys hang on

crazy 4th of July indeed!

Also can we please finish up Saturn? I would like to either finish it ASAP or I will have to move them all to Jupiter. I already knew this was going to happen if we split it I told you guys from a few posts back lol

11th KnC Saturn:

Xeen - 1 BTC - 2 Shares
pickymeek - .5 BTC - 1 Share
juula - 10 BTC - 20 Shares
samos123 - 2 BTC - 4 Shares
annoEleni - $400 PP - 8 Shares - FB
jamesc760 - .5 BTC - 1 Share - reserved
annoJBerglund - $100 PP - 2 Shares
wolfskill - 1 BTC - 2 Shares
EsDva - 4 BTC - 8 Shares
mightycount $500 PP - 10 Shares
Bamdad - .55 BTC - 1 Share
Fantazygirl  - $200 PP - 4 Shares

Total:
 63 / 78 Shares[/code]

Jupiter 400GH/s Shares:

[code]
1st KnC Jupiter:
reactor - 2.2 BTC - 4 Shares
COINPRADER - .5 BTC - 1 Share
helloge 1.5 BTC - 3 Shares
ezisdog - 1.5 BTC - 3 Shares
danieldaniel - .55 BTC - 1 Share
George900 - .55 BTC - 1 Share
riclas - 10.45 - 19 Shares
Colgate - $600 - 12 Shares
Paranoia - 1.1 BTC - 2 Shares
gtdevo - 6.6 BTC - 11 Shares
sealight - 3 BTC - 5 Shares
Faerbit - .6 BTC - 1 Share
lajz99 - $100 PP - 2 Shares
physalis -2.5 BTC - 5 Shares
czspeedycz - 3 BTC - 5 Shares

Total:
 
70 / 143 Shares

------------

About mining company. Honestly I don't think .100 mh/s will matter much unless you have like 20+ shares BUT

We can probably use this formula:

Saturn Share = 2.56 Gh/s / Total Speed

Jupiter Share = 2.80 Gh/s / Total Speed

Profit for Saturn Shareholders:

(BTC Mined bi-weekly)*(Saturn Share)

Profit for Jupiter Shareholders:

(BTC Mined bi-weekly)*(Jupiter Share)

So let's say the total speed is 3000 Gh/s.

I have 10 shares of Saturn and my friend has 10 shares of Jupiter.

The total BTC mined bi-weekly is 400 BTC.

So:

My cut:
400 * ( 25.6 / 3000) = 3.413 BTC payout.

Friend's cut:

400 * (28.0 / 3000) = 3.733 BTC payout.

Does this make sense?

Also let's say machine 1 and 2 are down for due to fail power supplies or something, those people who are shareholders for those machines will NOT be calculated with the rest of the share holders so it's fair. So IF the machines are down for 2 weeks and it's time to cash out the total speed would become 2600 Gh/s and only the current running machines will be paid.

What do you guys think?

BTW Happy July 4th tomorrow!

Hey guys I just called Gary and he said the reason why the sample chips are stuck in customs is because Avalon put the value for them at $3 and we were just unlucky and were part of their random check. He also said Avalon should not just put them as "IC Chips" and so that's why customs thought it was fishy. I told him that they were basically un-programmed ASIC Chips and he said that's what he needs to clear with customs. So it should be cleared by tomorrow.

$50 a share


Well let's say machine #1-3 comes first but the others haven't only people who paid for those shares are getting profit.

If we have 10 Saturns and 10 Jupiter then payouts would still be based on the hash rate which is 2.56 GH/s for Saturn and 2.80 GH/s for Jupiter NOT total X share of Total X Share

or we can do something like weighted share where 2.56 gh/s = 1 share and 2.8Gh/s would = 1.1 Share (this is just an example)



11th KnC Saturn:

Xeen - 1 BTC - 2 Shares
pickymeek - .5 BTC - 1 Share
physalis -2.5 BTC - 5 Shares
juula - 10 BTC - 20 Shares
samos123 - 2 BTC - 4 Shares
annoEleni - $400 PP - 8 Shares - FB
jamesc760 - .5 BTC - 1 Share - reserved
annoJBerglund - $100 PP - 2 Shares
wolfskill - 1 BTC - 2 Shares
EsDva - 4 BTC - 8 Shares
mightycount $500 PP - 10 Shares
Bamdad - .55 BTC - 1 Share


Total:
 64 / 78 Shares

can we please finish this up guys!

Also since BTC prices are going down please send BTC accordingly ... I think I need to raise it up to .6 BTC per share now paypal would be good just $50 a share.

1st KnC Jupiter:
reactor - 2.2 BTC - 4 Shares
COINPRADER - .5 BTC - 1 Share
helloge 1.5 BTC - 3 Shares
ezisdog - 1.5 BTC - 3 Shares
danieldaniel - .55 BTC - 1 Share
George900 - .55 BTC - 1 Share
riclas - 10.45 - 19 Shares
Colgate - $400 - 8 Shares
Paranoia - 1.1 BTC - 2 Shares


Total:
 
42 / 143 Shares

I'm calling Gary again on Monday to see what's going on. Last time we talked they were in customs.

Can we finish up Saturn please guys? Either finish it or move all to Jupiter ;p - First round of BBQ party today!

1st KnC Jupiter:
reactor - 2.2 BTC - 4 Shares
COINPRADER - .5 BTC - 1 Share
helloge 1.5 BTC - 3 Shares
ezisdog - 1.5 BTC - 3 Shares
danieldaniel - .55 BTC - 1 Share
George900 - .55 BTC - 1 Share
floatyfish - .55 btc - 1 Share
wolfskill - .55 btc - 1 Share
physalis -2.5 BTC - 5 Shares
colonelsanders99 - 1.1 BTC - 2 Shares
George900 - .55 - 1 Share

Also check out the super burger patties I made for today!

Yes agreed. We'll figure it out no worries.

1st KnC Jupiter:
reactor - 2.2 BTC - 4 Shares
COINPRADER - .5 BTC - 1 Share
helloge 1.5 BTC - 3 Shares
ezisdog - 1.5 BTC - 3 Shares
danieldaniel - .55 BTC - 1 Share
George900 - .55 BTC - 1 Share

Total:
 13 / 143 Shares