Recently KNC released a miner named the titan hashing at 100/mhs for 10,131.80 USD.
https://www.kncminer.com/products/titanThis miner is supposed to arrive during Q2/Q3 of 2014.
SharesA total of 100 shares will be issued at $101.31 USD per share.
Each share accounts for 0.9 mh/s worth of hashing power
How to purchaseShares will be sold on a first come first serve basis.
1. Post below how many shares you would like to acquire or PM me
2. Send the amount of btc to 1DFJmBWim4FeQMdJtnJry5kmBbKxyvcrfv
3. Pm me your email
MiningAs soon as the miner is received I will begin mining with it and will pay weekly dividends to your specified btc address.
QuestionsIf you have any questions please PM me or post below and I will promptly answer.
ContractThe mine will operate perpetually and pay daily dividends, to be scheduled at or around the time of difficulty changes.
The term perpetual is unlikely for practical reasons, and as such, there exists provisions to close the contracts for one of the following reasons:
The operator becomes incapable of operating the contracts over an extended period
The overhead of operating the contracts becomes greater than its profits
Permanent and irreparable damage to hardware
The operator must close the contract for other reasons
Please note that this buy-back is a right of the operator, not a duty. Any buy-back is solely at the discretion of the operator.
In any case of permanent and irreparable damage to hardware, the operator will pursue any means available to replace hardware as quickly as possible at no cost to contract holders. However, if replacement hardware cannot be obtained at reasonable costs, the operator may choose to suspend operation and dividends and start liquidation of the contract as explained above.
Pre-Release Terms:Please note that these terms apply only until the mining hardware has been delivered. Upon delivery, these terms will be removed from the contract.
The contracts are backed by miners that have yet to be released. The scheduled release is in Q2/Q3 of 2014.
No dividends will be paid until delivery.
Upon delivery, any excess capacity from the mining hardware will be used to pay contract holders additional dividends for six months. The additional dividends is intended to compensate contract holders for not receiving dividends until the mining hardware has been delivered.
CaveatsPlease be aware of the following before investing:
A mining contract decreases in value as mining difficulty climbs. The biggest return on investment will happen early in the contract’s existence and gradually decline as the mining difficulty climbs.
Pre-release only (will be removed once mining hardware is operational): This contract does not pay dividends until the release date.
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