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421  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.56Gh/s KNCminer Saturns [Live]10 Sold [Selling Saturn #11] on: June 28, 2013, 04:06:42 PM
Edit: Also, am I crazy or could anyone go use my nick on the form and put their own address in?

Very good point. Slightly paranoid now.

Do not worry guys I will personally PM each and everyone who submitted the form. Obviously if someone did that then there would be a double of the same nick and I would know asap lol
422  Economy / Scam Accusations / Re: [Group Buy].5BTC = 2.8Gh/s KNCminer Jupiter/Saturn [Live]10 Sold [Selling #11] on: June 28, 2013, 03:38:14 PM
P.S I'm off to prepare / clean the house for a BBQ party weekend. I will check up once during the day and before I sleep. Busy busy weekend!

If you want to, send me a text to my google voice #: 860-631-7775 with any questions
423  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.56Gh/s KNCminer Saturns [Live]10 Sold [Selling Saturn #11] on: June 28, 2013, 03:34:30 PM
P.S Today is my birthday! Yay +1 for me! tips definitely appreciated so I can get tipsy tonight Wink

I see what you did there! Wink

Tongue

Ok guys! I made a google form - please fill it out so I can know where to send your profits and other things:

https://docs.google.com/forms/d/1DnrOlwuuPxh6VN81Ws1s5O6szRz86UNSuPa-sn78L7g/viewform
424  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.56Gh/s KNCminer Saturns [Live]10 Sold [Selling Saturn #11] on: June 28, 2013, 03:09:20 PM
Instead of a different Jupiter thread - any thoughts on just making this one mining company.  It would seem easier to me to have shares in the whole instead of each separate machine - then you can mix and match the Jupiter Vs Saturn as needed.  Machines are not due until September and later.  I know I would like to get more shares as I get coin from mining etc.  Not so sure I want to keep track over many machines and 2 threads...


Wow great idea!!!

I think I will do this if everyone is interested. It will be easier to track and distribute profits as well!

If I can still have the minimum hashrate for my shares as originally stated in this thread rather than splitting the profits based on who has the most shares (if more people join it means I will have less hashrate, which I wouldn't like)

of course. Each share for saturn is 2.56 Gh/s so why would your hashrate lower? if we combine all 10 machines to a "company" it will be 780 shares total and 2000 gh/s total.

Instead of a different Jupiter thread - any thoughts on just making this one mining company.  It would seem easier to me to have shares in the whole instead of each separate machine - then you can mix and match the Jupiter Vs Saturn as needed.  Machines are not due until September and later.  I know I would like to get more shares as I get coin from mining etc.  Not so sure I want to keep track over many machines and 2 threads...


Wow great idea!!!

I think I will do this if everyone is interested. It will be easier to track and distribute profits as well!

If I can still have the minimum hashrate for my shares as originally stated in this thread rather than splitting the profits based on who has the most shares (if more people join it means I will have less hashrate, which I wouldn't like)

I would think each share's hash rate would be the same.  The major difference would be that each share is not connected to a specific machine.  This spreads the risk of a failed machine across the entire company.  Essentially the math is the same - right now it is X number of Gigahashes per machine divided by Y number of shares = 2.56 Gigashashes per share.  The new company would be X number of Terrahashes for the company divided by Y number of shares = 2.56 Gigahashes per share (solve for Y).  With this method, we can still keep purchasing units to add to the company (until some cutoff date - maybe the first shipped machine).  This should make tracking our investments easier and make it much easier for ragingazn628 to keep track and get those dividends to us!
If we got quite a few more machines - we could even consider setting up with one of the exchanges to make the shares transferable (sell/buy).  With enough of us (and enough equipment), there is no reason that this needs to end after 2 years.  

That works for me, with the exception of people that ordered first on the first machines should get their shares paying out first of course. That would need to be managed somehow IMO

yup obviously there would be a bit of a gap when the machines arrive but we can keep adding them together as they come.


Instead of a different Jupiter thread - any thoughts on just making this one mining company.  It would seem easier to me to have shares in the whole instead of each separate machine - then you can mix and match the Jupiter Vs Saturn as needed.  Machines are not due until September and later.  I know I would like to get more shares as I get coin from mining etc.  Not so sure I want to keep track over many machines and 2 threads...


Wow great idea!!!

I think I will do this if everyone is interested. It will be easier to track and distribute profits as well!
Yeah, please do this. It's a lot more fair to early adopters like me. Plus, it's a lot simpler and easier to account for, like you said.

I'm down for the "mining company"! You guys are the share holders! You decide! Smiley

Ok let's start the train for Jupiter miner! Let me know if you guys want to move your shares from Machine #11 to Jupiter!

What are you investing in?

Shares for KnCMiner Saturn

https://www.kncminer.com/products/saturn

  • .55 BTC - Minimum
  • .55 BTC = 1 Share (at current BTC/USD rates ~$100 )
  • 1 Share = 2.56Gh/s
  • 78 Shares total

Shares for KnCMiner Jupiter

I increased the  BTC to .55 min because BTC is dipping down from ~$100 to $94 Sad

https://www.kncminer.com/products/jupiter

  • .55 BTC - Minimum
  • .55 BTC = 1 Share (at current BTC/USD rates ~$100 )
  • 1 Share = 2.80Gh/s
  • 143 Shares total

P.S Today is my birthday! Yay +1 for me! tips definitely appreciated so I can get tipsy tonight Wink
425  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.56Gh/s KNCminer Saturns [Live]10 Sold [Selling Saturn #11] on: June 27, 2013, 11:26:11 PM
Instead of a different Jupiter thread - any thoughts on just making this one mining company.  It would seem easier to me to have shares in the whole instead of each separate machine - then you can mix and match the Jupiter Vs Saturn as needed.  Machines are not due until September and later.  I know I would like to get more shares as I get coin from mining etc.  Not so sure I want to keep track over many machines and 2 threads...


Wow great idea!!!

I think I will do this if everyone is interested. It will be easier to track and distribute profits as well!
426  Economy / Trading Discussion / Green Dot Moneypaks and Paypal? on: June 27, 2013, 10:56:17 PM
Hey guys,

I was trading BTC for Moneypaks yesterday and received this message:

Quote
Due to prior negative activity with PayPal or Green Dot you will no longer be able to fund this PayPal account using a MoneyPak. We will send you a refund for this MoneyPak. The following information is required to send your refund.

Quote
MoneyPak Refund Confirmation

Your refund request has been received. Please allow 7-10 days for your refund check to arrive in the mail. Thank you for your interest in Green Dot.

Your feedback is very important to us! We invite you to take a short survey now where you can share your thoughts about MoneyPak and let us know how we're doing.

I thought the limit was reached on my account but I foolishly tried my friend's account on the same IP and got the same message (he's never loaded moneypaks before).

How can I fix this?
427  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.56Gh/s KNCminer Saturns [Live]10 Sold [Selling Saturn #11] on: June 27, 2013, 10:28:30 PM
In that case, put my 5 shares from #11 onto the Jupiter too please.

Ok with Jupiter I cannot pay with Paypal Credit Card. I have been paying with Paypal Credit Card so we have some kind of protection from Paypal. But unfortunately my credit limit isn't high enough for Jupiter so it will just be regular paypal balance. We would still have protection but I feel like protection from Paypal + Credit Card is a lot safer. If we get more interests I'll start the Jupiter thread.
428  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.56Gh/s KNCminer Saturns [Live]10 Sold [Selling Saturn #11] on: June 27, 2013, 09:43:29 PM
You have 80 shares on #10 now.  Originally you had me split with 2 on #10 and 2 on #11, but in your last update you put my 4 on #10 which appears to have put it over.

DOH! yes I messed up because of pinky's lol changing it back now.

I would be down for a Jupiter, would the per share cost stay the same or would it go up? Also, would the minimum still be .5 BTC or would it be 1 BTC?

.5 BTC per share

$7,131.80 ~= $7150

$7150 / 50 = 143 Shares

400 GH/S / 143 = 2.80 GH/S per Share

a little bit higher than Saturn.



I'm in to Jupiter! Can i change my shares (1.5) to Jupiter? :-)
More the ones i want to buy! :-D

Yes but for machine #11 only. Keep in mind that Jupiter will fill up a bit slower. Let me know what you want to do. I'm going to start a new thread for Jupiter though.
429  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.56Gh/s KNCminer Saturns [Live]10 Sold [Selling Saturn #11] on: June 27, 2013, 08:17:52 PM
I would be down for a Jupiter, would the per share cost stay the same or would it go up? Also, would the minimum still be .5 BTC or would it be 1 BTC?

.5 BTC per share

$7,131.80 ~= $7150

$7150 / 50 = 143 Shares

400 GH/S / 143 = 2.80 GH/S per Share

a little bit higher than Saturn.
430  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.56Gh/s KNCminer Saturns [Live]10 Sold [Selling Saturn #11] on: June 27, 2013, 07:22:51 PM
Hi ragingazn628,

i also want to pay via Paypal. can i pay with paypal gift option? i am from New Hampshire. what are conditions for paypal payment? please reply me

Yup PM me for Paypal address.

Updates:

11th KnC Saturn:

  • pickymeek - .5 BTC - 1 Share
  • ezisdog - 1.5 BTC - 3 Shares
  • physalis -2.5 BTC - 5 Shares
  • juula - 10 BTC - 20 Shares
  • samos123 - 2 BTC - 4 Shares
  • annoEleni - $400 PP - 8 Shares - FB
  • COINPRADER - .5 BTC - 1 Share
  • jamesc760 - .5 BTC - 1 Share - reserved
  • Fantazygirl  - $200 PP - 4 Shares
  • dyingdreams - .5 BTC  - 1 Share
  • chaser82 - 1 BTC - 2 Shares
  • helloge - 1.5 BTC - 3 Shares - reserved

Total:
 53 / 78 Shares

Also, should I start accepting shares for Jupiter? What do you guys think?
431  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.56Gh/s KNCminer Saturns [Live]10 Sold [Selling Saturn #11] on: June 27, 2013, 05:57:51 PM
Would you reserve 1 share @ 0.5 btc for me? I will send in my payment within the next 24 hours. Thank you!

Sure 24 hrs reserve Only!

I'm missing on that latest 11th update.

fixed sorry about that I failed to save Sad

11th KnC Saturn:

  • pickymeek - .5 BTC - 1 Share
  • ezisdog - 1.5 BTC - 3 Shares
  • physalis -2.5 BTC - 5 Shares
  • juula - 10 BTC - 20 Shares
  • samos123 - 2 BTC - 4 Shares
  • annoEleni - $400 PP - 8 Shares - FB
  • COINPRADER - .5 BTC - 1 Share
  • jamesc760 - .5 BTC - 1 Share - reserved

Total:
 43 / 78 Shares
432  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.56Gh/s KNCminer Saturns [Live]10 Sold [Selling Saturn #11] on: June 27, 2013, 03:44:09 PM
Hi,

Just out of curiosity, can we get conf and order date of the 9th Miner?

Much obliged,
Marple

It was paid on the 26th.

11th KnC Saturn:

  • Xeen - 2 BTC - 4 Shares
  • ezisdog - 1.5 BTC - 3 Shares
  • physalis -2.5 BTC - 5 Shares
  • juula - 10 BTC - 20 Shares
  • samos123 - 2 BTC - 4 Shares

Total:
 36 / 78 Shares
433  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.56Gh/s KNCminer Saturns [Live]10 Sold [Selling Saturn #11] on: June 27, 2013, 03:24:08 AM
Since the latest KnC update:

  • .5 BTC - Minimum
  • .5 BTC = 1 Share (at current BTC/USD rates ~$100 )
  • 1 Share = 2.56Gh/s
  • 78 Shares total

pretty good increase in Gh/s per share Wink up from 2.24!
434  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.24Gh/s KNCminer Saturns [Live] 9 Sold [Selling Saturn #10] on: June 27, 2013, 02:47:40 AM
Hi - trying to figure out how the share purchases work. If after purchasing some shares, how will they then be valued afterwards? Will they appear on an exchange like BTCT / BitFunder or is it simply privately?

Also, mentioned before that PayPal accepted for a few people. Can you PM me details of how & cost to purchase via PP as this would be possibly quicker transaction. Interested in possibly 5 to 10 shares..

PM me please

Dude, I hope you have enough room to fit all these machines!

900sqft renovation going on right now. It's going to be sick!


10th KnC Saturn:

  • babefoot - .5 BTC - 1 Share
  • tilthz - 2.5 BTC - 5 Shares
  • zmelkoow - .5 BTC - 1 Share
  • warmach - 2 BTC - 4 Shares
  • bitmouser - 32.5 BTC - 65 Shares
  • Xeen - 1 BTC - 2 Shares

Total:
 78 / 78 Shares

11th KnC Saturn:

  • pickymeek - .5 BTC - 1 Share
  • Xeen - 1 BTC - 2 Shares
  • ezisdog - 1.5 BTC - 3 Shares
  • physalis -2.5 BTC - 5 Shares

Total:
 11 / 78 Shares
435  Bitcoin / Group buys / Re: [Group Buy#1] Avalon ASICs CHIPS! Using JohnK as escrow! FINISHED! on: June 27, 2013, 02:40:03 AM
We should see some concrete progress this week! I don't want to post anything without concrete evidence you know?
436  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.24Gh/s KNCminer Saturns [Live] 9 Sold [Selling Saturn #10] on: June 26, 2013, 01:48:39 PM
hey, for me it should be 3.5 BTC instead of 2 BTC.

thanks Smiley I got the right share though changing it now lol
437  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.24Gh/s KNCminer Saturns [Live] 8 Sold [Selling Saturn #9] on: June 26, 2013, 01:42:19 PM
9th Done! Let the 10th machine get started!

9th KnC Saturn:

  • floatyfish - .5 BTC - 1 Share
  • m_yaw - 3.5 BTC - 7 Shares
  • dctrfunk - 2 BTC - 4 Shares
  • Neverek - .5 BTC - 1 Share
  • btcrun - 2 BTC - 4 Shares
  • thechevalier - 5 BTC - 10 Shares
  • melpomene - 2 BTC - 4 Shares
  • 1cube1wheel - 1 BTC - 2 Shares
  • higuita - 1 BTC - 2 Shares
  • camper_van - 1 BTC - 2 Shares
  • RoboCoder - $1000 PP - 20 Shares
  • Euphobia  - $210 pp - 4 Shares - TY 4 Tip!
  • erasmas - 2 BTC - 4 Shares - Paying tonight
  • dctrfunk - 5 BTC - 10 Shares - Paying tonight
  • MarpleTrading - 1 BTC - 2 Shares
  • Grim - .5 BTC - 1 Share

Total:
 78 / 78 Shares

-snip-
How are some people paying in cash? Are they local, and/or personal acquaintances who just hand you the money? Or are they doing a wire transfer/something similar?

If I could pay with cash I could buy at least 3 more shares.

Local cash and PP. I have a pretty big group in CT right now. 40+ people in this FB group. I'm starting a bitcoin movement in CT! LOL

what's the name the the FB group? How can I join it?

are you in CT?

10th KnC Saturn:

  • babefoot - .5 BTC - 1 Share
  • tilthz - 2.5 BTC - 5 Shares

Total:
 6 / 78 Shares
438  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.24Gh/s KNCminer Saturns [Live] 8 Sold [Selling Saturn #9] on: June 25, 2013, 09:32:14 PM
confirmed

9th KnC Saturn:

  • floatyfish - .5 BTC - 1 Share
  • m_yaw - 2 BTC - 4 Shares
  • dctrfunk - 2 BTC - 4 Shares
  • Neverek - .5 BTC - 1 Share
  • btcrun - 2 BTC - 4 Shares
  • thechevalier - 5 BTC - 10 Shares
  • melpomene - 2 BTC - 4 Shares
  • 1cube1wheel - 1 BTC - 2 Shares
  • higuita - 1 BTC - 2 Shares
  • camper_van - 1 BTC - 2 Shares
  • RoboCoder - $1000 PP - 20 Shares
  • Euphobia  - $210 pp - 4 Shares - TY 4 Tip!
  • erasmas - 2 BTC - 4 Shares - Paying tonight
  • dctrfunk - 5 BTC - 10 Shares - Paying tonight
  • MarpleTrading - 1 BTC - 2 Shares
  • Grim - .5 BTC - 1 Share

Total:
 75 / 78 Shares

Someone buy last 3 shares!
439  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.24Gh/s KNCminer Saturns [Live] 7 Sold [Selling Saturn #8] on: June 25, 2013, 07:17:18 PM
-snip-
How are some people paying in cash? Are they local, and/or personal acquaintances who just hand you the money? Or are they doing a wire transfer/something similar?

If I could pay with cash I could buy at least 3 more shares.

Local cash and PP. I have a pretty big group in CT right now. 40+ people in this FB group. I'm starting a bitcoin movement in CT! LOL
440  Economy / Scam Accusations / Re: [Group Buy] .5BTC = 2.24Gh/s KNCminer Saturns [Live] 7 Sold [Selling Saturn #8] on: June 25, 2013, 04:57:04 PM
Payment times:

•       suva - 1 BTC - 2 Shares 2013-06-24 11:54:21
•   rocketman10404 - .5 BTC - 1 Share 2013-06-24 19:33:07

•   aggiez10 - 2.5 BTC - 5 Shares 2013-06-24 20:06:21
•   ilpirata79 - 1 BTC - 2 Shares 2013-06-24 20:48:21
•   Bulvers - 2 BTC - 4 Shares 2013-06-24 20:58:47
•   
•   physalis - 2.5 BTC - 5 Shares 2013-06-24 21:22:23
•   m_yaw - 2 BTC - 4 Shares 2013-06-24 21:49:53
•   dctrfunk - 2 BTC - 4 Shares 2013-06-24 23:36:47

•   
•   floatyfish - .5 BTC - 1 Share 2013-06-25 01:21:07
•   Neverek - .5 BTC - 1 Share 2013-06-25 01:30:12
•   btcrun - 2 BTC - 4 Shares 2013-06-25 01:52:34
•   1cube1wheel - 1 BTC - 2 Shares 2013-06-25 04:20:10
•   
•   thechevalier - 5 BTC - 10 Shares 2013-06-25 05:53:54
•   higuita - 1 BTC - 2 Shares 2013-06-25 08:16:05
•   camper_van - 1 BTC - 2 Shares 2013-06-25 11:34:00
•   
•   
•   melpomene - 2 BTC - 4 Shares 2013-06-25 15:10:13


Updated List:


8th KnC Saturn:

  • wolfskill - 1.5 BTC - 3 Shares
  • lky_svn - 5 BTC - 10 Shares
  • annoEdgar - $200 - 4 Shares - FB
  • annoDan - $100 - 2 Shares - FB
  • annoNip - $100 - 2 Shares - FB
  • annoRob - $100 - 2 Shares
  • annoLin - $100 - 2 Shares
  • chenchunyu88 - 2 BTC - 4 Shares
  • PerfectAgent - 2 BTC  - 4 Shares
  • annoMedor - $500 - 10 Shares - FB
  • mrstef - 1 BTC - 2 Shares
  • donut - 3 BTC - 6 Shares
  • Ashkelon - $250 PP + 1 BTC - 7 Shares
  • suva - 1 BTC - 2 Shares
  • rocketman10404 - .5 BTC - 1 Share
  • aggiez10 - 2.5 BTC - 5 Shares
  • ilpirata79 - 1 BTC - 2 Shares
  • Bulvers - 2 BTC - 4 Shares
  • physalis - 2.5 BTC - 5 Shares
  • annoToai- .5 BTC - 1 Share

Total:
 78 / 78 Shares

9th KnC Saturn:

  • floatyfish - .5 BTC - 1 Share
  • m_yaw - 2 BTC - 4 Shares
  • dctrfunk - 2 BTC - 4 Shares
  • Neverek - .5 BTC - 1 Share
  • btcrun - 2 BTC - 4 Shares
  • thechevalier - 5 BTC - 10 Shares
  • melpomene - 2 BTC - 4 Shares
  • 1cube1wheel - 1 BTC - 2 Shares
  • higuita - 1 BTC - 2 Shares
  • camper_van - 1 BTC - 2 Shares
  • RoboCoder - $1000 PP - 20 Shares

Total:
 54 / 78 Shares
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