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Author Topic: Interested in KnC Group Buy?  (Read 1100 times)
Franktank (OP)
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June 08, 2013, 11:43:48 PM
Last edit: June 09, 2013, 12:31:56 AM by Franktank
 #1

To lower the barrier of entry for those interesting in getting a piece of KnC's action, I've proposed the following plan. If enough folks want in, I will increase the numbers of KnC Jupiters purchased from zefir's thread (Link). Now, for some numbers:

[ESTIMATES ONLY]
From 1 KnC Jupiter:

Total Hash:       350 GH/s
Management Cut:   35 GH/s (or 10%)
Net Hash:         315 GH/s
Shares Issued:    70 (priced @ 1 BTC)
Hash Rate/Share:  4500 MH/s (or ~1.285% of all BTC earned)


So that means, 1 BTC will buy you 4500 MH/s. I will go into more details regarding the group buy if sufficient interest shows itself. If you have any questions, please PM with the subject line "KnC Group Buy".

Zefir's Permission Here
Franktank (OP)
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June 08, 2013, 11:47:46 PM
Last edit: June 09, 2013, 12:32:18 AM by Franktank
 #2

For those wondering, I will be purchasing shares myself. "Management Cut" will take care of all hosting fees by KnC (electricity, maintenance, etc); managing share transfers; and dividend payout. The mining devices will be hosted by KnC and I would need more info about their fees before providing final numbers.
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