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Author Topic: [SOLD OUT] Ninja Group Buy #2 - ANTMiner + KNC $10/GH .35BTC=30GH [0/300]  (Read 10352 times)
MWNinja (OP)
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April 29, 2014, 04:53:29 PM
 #121

The buyback is based on an offer that we have on the table to take the remaining hardware in bulk, if we don't hurry it will get repriced.

If you want to just relinquish your Antminers and keep the FrankenJup, I would be ok with that. Send me a signed message from your dividend address to confirm.  I can't guarantee that it will ever earn more bitcoin than you would receive in the buyback.

Antminers are down to .55btc and falling. The redeem fee was structured into the original deal.  I have lost a TON of money already, trying to limit further losses.


Quote
Abandoning the hardware and leaving it to us to liquidate isn't meeting your commitment

I understand this is a lot of work, but the deal you are offering us is not fare either.

.035 btc x $440/btc= $15.4 per share

10 shares equal one ANTMiner S1 ($154). ANTMiner S1 are selling for ~ $300. So, we are getting roughly half the value of what are shares are currently worth. That is not taking into account the value of  KnC Neptune(which is valued on other open Group buys at 12 btc or $5000)( 12btc/300shares= 0.04btc per share)

So, we are either forced to sell our shares for well less than half their fare market value or we have too invest, in my case twice my original investment + $99 in shipping just to get a chance to mine with a piece of hardware (KnC Neptune) I already helped pay for.

With that in mind I don't think it is unreasonable to let the share holder choose to "give" are ANTMiners to you and you would be free to mine with them or sell them for your own profit and allow us to mine with the  KnC Neptune. or Offer the shareholders a more reasonable buyback price. .07 btc + .04 btc= .11btc per share ...  Now I am not asking for that much since I know with will take a lot of your time and efforts to sell this hardware. I am trying to make a point that .035 btc does not seem fare.
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