KNCminer Titan scrypt miner only 0.17BTC or 110USD per share for 1Mhs

[chenchunyu88]

This is a groupbuy for KNC Titan scrypt miner. This is a brand new product from KnCminer https://www.kncminer.com/products/titan.
It has minimum 100/MH/s of performance.

GB #1
Total shares: 100. Each share represent 1Mhs.
Price per share in BTC: 0.17BTC to cover the miner, shipping and power of the miner.
Management fee: 2% of the total coin mined to cover electricity and etc.

How to join:
1. send BTC to the following address: 1GQv5Hse3BUkWmbKznt2Fwzg35xtaHGsmg.
or send $110 to emma.lee88@outlook.com for each share using none credit card transcation.
2. PM me the txid and the LTC address you want to receive the dividends.


Refund policy:
Refund will be issue in the following situations: 1. KnCminer fail to deliver the miner and issue a refund to me. 2. The total fund received by GB member cannot buy less than 1 KNCminer.

If you file a claim via Paypal, I will simply refund you and you will longer be in this groupbuy.
send fund using credit card will be refunded right away because I don't accept them. Using Paypal you have 45 days to regret. If you use credit card there can be 90-120 days to file charge backs, which means you can even file charge backs after this groupbuy pay you LTC. I just want to protect you and myself as much as possible.


About me:
To be honest, this is the first groupbuy I am organizing and I joined several groupbuys in the past year. I saw the Kncminer email me about the new scrypt miner, but I don't want to risk 10k myself to buy one machine and there is nobody organizing a groupbuy for this new miner currently.

Code:

Groupbuy #1
chenchunyu88   10 shares

[S4VV4S]

Actually there's another 3 GBs

[elviselvis101]

Looks like a super GB 

[chenchunyu88]

I never did business with the other GBs organizers. And their entrance fee is too high >0.5BTC and I want to put eggs in different baskets like 5 different GBs with 2Mhs each to decrease risks. 

Actually there's another 3 GBs

[chenchunyu88]

I already placed an order to KNCminer. Once the fund is GB is successful. I will wire the money to them.

[S4VV4S]

I already placed an order to KNCminer. Once the fund is GB is successful. I will wire the money to them.

It is nice of you to take the liberty BUT, apparently so have I:



The funny thing is that I didn't pay jack shit because this is A PROFORMA INVOICE!

Nice try and I must warn you OP that you have attracted my attention.

I will not go out to say anything at this point but I will be watching you.

EDIT: OFFER ESCROW
If you can do that, which you probably can't, then that would be nice.
You can have a respectable member who offers escrow handle the payments for you.
 

[chenchunyu88]

OK. If I use ESCROW, the fee would be increased. That's a very good option. Who do you recommend as an ESCROW?

I already placed an order to KNCminer. Once the fund is GB is successful. I will wire the money to them.

It is nice of you to take the liberty BUT, apparently so have I:



The funny thing is that I didn't pay jack shit because this is A PROFORMA INVOICE!

Nice try and I must warn you OP that you have attracted my attention.

I will not go out to say anything at this point but I will be watching you.

EDIT: OFFER ESCROW
If you can do that, which you probably can't, then that would be nice.
You can have a respectable member who offers escrow handle the payments for you.
 

[S4VV4S]

OK. If I use ESCROW, the fee would be increased. That's a very good option. Who do you recommend as an ESCROW?

I already placed an order to KNCminer. Once the fund is GB is successful. I will wire the money to them.

It is nice of you to take the liberty BUT, apparently so have I:



The funny thing is that I didn't pay jack shit because this is A PROFORMA INVOICE!

Nice try and I must warn you OP that you have attracted my attention.

I will not go out to say anything at this point but I will be watching you.

EDIT: OFFER ESCROW
If you can do that, which you probably can't, then that would be nice.
You can have a respectable member who offers escrow handle the payments for you.
 

Anybody reputable around here.
Just add a bit more to your price and have them handle all incoming payments and send the money directly to KNC.

If you do that, you will make a killing compared to the other GBs

EDIT: Remember Escrow means more customers

[wwzoon]

i'm very concerned for this group buy! PM me the news

[vleroybrown]

Wont KNC be offering hosted hashes like cex.io in the massive DataCenter they are building?
http://www.datacenterknowledge.com/archives/2014/02/06/bitcoin-miners-building-10-megawatt-data-center-sweden/