UK BitCoin Trader
Payment Methods:
UK Bank Transfer
BTC-e Codes
Cryptostock Shares
UK Postal Order*
UK Cheque*
PayPal**
*Funds will be released upon clearance.
**PayPal is only accepted when I am buying BitCoins.
Purchase Guidelines:
LocalBitcoins is preferred - however, if you prefer to trade directly;
Escrow is accepted at your expense
If you do not require escrow, it is expected you send first
Funds will be reserved for a period of 4 hours
If payment is not received within 4 hours, the funds will be released to the open market again
I will make payment (BTC or GBP) within 1 hour of funds clearing
Thanks!
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PowerShell, spew! Lol I've spent far too much time working with it recently - good work!
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DigitalOcean.
1 vCPU
1GB RAM
30GB SSD Disk
2TB Bandwidth
$10 (or $0.015/hour)
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Unfortunately it appears that way. I haven't seen Jon on Skype for 2-3 months now and he hasn't been logged on here for over a month either. I'm not sure what's happened, but the EC2 instances are still running, which will be costing a pretty penny, along with the collaboration tools we were using.
Hopefully he's ok.
still no news from Jon? I havent heard anything from Jon in around 2 months now, although he was last active on here after that date. The EC2 instances which were running the code have been stopped so I assume something has come up which is preventing him working on the bot - not sure why or what has happened though. I shame he hasn't dropped by to confirm what's going on. |
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I have a small amount of BTC tied up and I am gobsmacked a single disk failure can cause an entire site crash. If this is indeed the case I suggest they sack their current Sys Admin\Hardware Guy!
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Unfortunately it appears that way. I haven't seen Jon on Skype for 2-3 months now and he hasn't been logged on here for over a month either. I'm not sure what's happened, but the EC2 instances are still running, which will be costing a pretty penny, along with the collaboration tools we were using.
Hopefully he's ok.
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He's still working on Rollerbot, no worries.
so did you managed to talk to jondecker76 ? another week gone by without an update from jondecker76. anyone spoke to him yet? I'm the guy Jon spoke about earlier in this thread who has been helping him with the AWS infrastructure for his bot. Unfortunately, despite a couple of messages now, I haven't heard back from Jon. Not sure what is going on - he was very passionate about this project so I'm hoping he's ok! |
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OP updated slightly - 20 Shares now available; 10 MH\s at approx 1.2BTC. I believe this to be one of the cheapest hash rates available.Based on current difficulties, break even is expected in approx 22 days; 1x (1 MH\s) Share = ~0.12
DOGE Mining = ~ 0.00552881 BTC / day / share
0.12 / 0.00552881 = 22 days! Difficulty is going to explode exponentially the day scrypt asics come online. I don't think that's a fair statement. The quoted calculations took into account organic growth, of course no current estimates can take into account any massive hikes which may occur in the future.
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OP updated slightly - 20 Shares now available; 100GH\s at approx 0.8BTC. I believe this to be one of the cheapest hash rates available.
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Good morning bump. What does everything think to the group - anything that can be improved upon? You will never break even at current difficulties with 10GH/s=0.156BTC, let alone June.
Prices will fluctuate between now and the close of this group, however I feel for a fully inclusive deal (e.g. hosting paid for, no fees etc), this is a very competitive price. I've tried to make my pricing model as transparent as possible, when you start adding hosting costs, admin\management fees etc, many, if not all of the other offerings available actually come out more expensive. To confirm, the current break even point is 109 days, or just over 3 months. |
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Based on current difficulties, break even is expected in approx 22 days; 1x (1 MH\s) Share = ~0.12
DOGE Mining = ~ 0.00552881 BTC / day / share
0.12 / 0.00552881 = 22 days! |
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Proof of your order?
Delivery Miners are purchased as each groups share's allocation is fulfilled. Lead time's on miners will vary in line with the manufacturer's guidelines. If the manufacturer does not deliver I will do everything in my power to refund your (and my own) investments. Reimbursement is not guaranteed in this situation and I am not responsible for any losses due to non-delivery or late delivery. |
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You will never break even at current difficulties with 10GH/s=0.156BTC, let alone June.
Prices will fluctuate between now and the close of this group, however I feel for a fully inclusive deal (e.g. hosting paid for, no fees etc), this is a very competitive price. I've tried to make my pricing model as transparent as possible, when you start adding hosting costs, admin\management fees etc, many, if not all of the other offerings available actually come out more expensive. |
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KnCMiner Titan (Q3 2014) #1
Questions?
How are the hosting fees covered?
Each share is sold at slightly more than the equivalent hash rate costs to purchase. This allows me to purchase additional miners which are used to cover hosting costs (including, but not limited to power and cooling).
So what do you get out of it?
After all costs are accounted for, at the end of every month, any coins remaining from these additional miners become my income for managing the hardware.
That means I receive 100% of the mined coins
Absolutely. If you own 10% of the miner's shares, and it mines 15BTC a month, you would receive 1.5BTC that month!
Can I trust you?
That is for you to decide. The more successful the share sales are, the more profitable it becomes for me too - I have no reason to be anything but honest with you. I am currently in the process of lodging my personal details with a trusted escrow from this site for your peace of mind (Maidak) and will confirm more ASAP.
Please don't hesitate to contact me
Terms
Shares
1. Share prices are calculated on the current USD exchange rate
2. Exchange rates, and subsequently share prices, are updated every hour, on the hour.
3. Shares purchased for groups which are not fulfilled within an 8 week period will be refunded.
Dividends
Dividends are paid daily on balances more than 0.001 and are based on the total proceeds from the total hashrate of the share's associated group minus any applicable expenses described below. Each dividend will be accompanied with a detailed report of total mining rewards received in order to confirm the hashing equivalent of each share.
Expenses
The following expenses will be deducted before any dividend consideration:
1. The USD/BTC market difference at the time of purchase due to the fact that shares were purchased in BTC and miners are sold at current USD rates
2. Power supplies needed for the miners
3. Incidental repairs and replacement costs
4. Any applicable taxes, duties or other government fees
5. Any unforeseen expenses to maintain efficient operation not exceeding 1BTC per month
Note: Any Expenses not mentioned above exceeding 0.5 BTC cannot be made without consulting the shareholders, by means of vote.
Hosting
Miners are hosted at a facility of my choice. Chosen facilities will be based on cost and convenience factors such as network facilities, power facilities, air conditioning, location, on-site support, etc.
Equipment Liquidation
Mining will continue until each miner is determined by the issuer as no longer profitable. At this time, the equipment will be sold and any income from equipment sales will be distributed as a dividend. I reserve the right to instigate a vote among shareholders to sell one or more miners at any time if it is deemed to be in the shareholders best interests.
Delivery
Miners are purchased as each groups share's allocation is fulfilled. Lead time's on miners will vary in line with the manufacturer's guidelines. If the manufacturer does not deliver I will do everything in my power to refund your (and my own) investments. Reimbursement is not guaranteed in this situation and I am not responsible for any losses due to non-delivery or late delivery.
Miscellaneous
Shareholders are permitted to sell their shares to any 3rd-party of their choice. Any change in ownership incurs a one-time fee of 0.1. All requests should come via a signed message for the original purchasing address.
Any remaining group balance accumulated through over charging on share sales will be refunded to the shareholders on a pro-rata basis during the first dividend payment.
Any negative balance generated through the under charging of group shares (fluctuation in the exchange rate etc) for any group miner will be deducted from the first dividend payment on a pro-rata basis.
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CoinTerra TerraMiner IV (June 2014) #1
Questions?
How are the hosting fees covered?
Each share is sold at slightly more than the equivalent hash rate costs to purchase. This allows me to purchase additional miners which are used to cover hosting costs (including, but not limited to power and cooling).
So what do you get out of it?
After all costs are accounted for, at the end of every month, any coins remaining from these additional miners become my income for managing the hardware.
That means I receive 100% of the mined coins
Absolutely. If you own 10% of the miner's shares, and it mines 15BTC a month, you would receive 1.5BTC that month!
Can I trust you?
That is for you to decide. The more successful the share sales are, the more profitable it becomes for me too - I have no reason to be anything but honest with you. I am currently in the process of lodging my personal details with a trusted escrow from this site for your peace of mind (Maidak) and will confirm more ASAP.
Please don't hesitate to contact me
Terms
Shares
1. Share prices are calculated on the current USD exchange rate
2. Exchange rates, and subsequently share prices, are updated every hour, on the hour.
3. Shares purchased for groups which are not fulfilled within an 8 week period will be refunded.
Dividends
Dividends are paid daily on balances more than 0.001 and are based on the total proceeds from the total hashrate of the share's associated group minus any applicable expenses described below. Each dividend will be accompanied with a detailed report of total mining rewards received in order to confirm the hashing equivalent of each share.
Expenses
The following expenses will be deducted before any dividend consideration:
1. The USD/BTC market difference at the time of purchase due to the fact that shares were purchased in BTC and miners are sold at current USD rates
2. Power supplies needed for the miners
3. Incidental repairs and replacement costs
4. Any applicable taxes, duties or other government fees
5. Any unforeseen expenses to maintain efficient operation not exceeding 1BTC per month
Note: Any Expenses not mentioned above exceeding 0.5 BTC cannot be made without consulting the shareholders, by means of vote.
Hosting
Miners are hosted at a facility of my choice. Chosen facilities will be based on cost and convenience factors such as network facilities, power facilities, air conditioning, location, on-site support, etc.
Equipment Liquidation
Mining will continue until each miner is determined by the issuer as no longer profitable. At this time, the equipment will be sold and any income from equipment sales will be distributed as a dividend. I reserve the right to instigate a vote among shareholders to sell one or more miners at any time if it is deemed to be in the shareholders best interests.
Delivery
Miners are purchased as each groups share's allocation is fulfilled. Lead time's on miners will vary in line with the manufacturer's guidelines. If the manufacturer does not deliver I will do everything in my power to refund your (and my own) investments. Reimbursement is not guaranteed in this situation and I am not responsible for any losses due to non-delivery or late delivery.
Miscellaneous
Shareholders are permitted to sell their shares to any 3rd-party of their choice. Any change in ownership incurs a one-time fee of 0.1. All requests should come via a signed message for the original purchasing address.
Any remaining group balance accumulated through over charging on share sales will be refunded to the shareholders on a pro-rata basis during the first dividend payment.
Any negative balance generated through the under charging of group shares (fluctuation in the exchange rate etc) for any group miner will be deducted from the first dividend payment on a pro-rata basis.
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I'd like to start up a share buy for 1x KNC Titan.
What I'm proposing;
- Selling 250 shares for 1MH/s at $50 each (currently approx .115BTC)
- Place order once 250 shares have been purchased
- Run the unit against a multipool - MiddleCoin, PoolWarz etc
- 5% service fee deducted from earnings (to cover power etc)
- Weekly payouts made to shareholders in BTC
I do have the resources available to host approx 5x of these, so should there be enough interest I'm happy to extend the offer to more than one unit.
I'm just throwing the idea out there at this stage - being a bit of a techie my intention would be to automate the whole process - from updating the stakeholder ledger to the weekly payouts.
I'm also happy to discuss the possibility of sourcing an escrow agent who would be happy to hold the coins until all 250 shares are sold.
Let me know what you think!
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