[Group Buy]12 KNCminer Jupiter's 15 Sold [Closed] Jupiter Pool

[Plissken]

But hey man!! This is what business??.
So I will lose 4 btc my investment.
15 days ago I sent you a PM and I have not received a response, and we continue with the same plan does.
I have 6 shares!.

I received:
0.00006004
2.11069059
0.19942653
1.30824578
2.07384615
2.07384615
0.00019963
0.18743264  >> shares 6, Why? 12/02/2013 >>
0.18743264  >> shares 6, Why? 12/10/2013 >>
0.18743264  >> shares 6, Why? 30/12/2013 >>
----------
8.32861279 btc

clementina >> 1 share >> 0.12564103
Plissken     >> 6 shares  > 0.18743264

Soniq, you think you'll make ROI at this rate. 6 shares 13,50 btc!!!!

6 shares = 110 GH / s + -



There are the accounts, and should note that the difficulty was less the 12/02/2013 and 12/10/2013

I'm really disappointed, you should reconsider continue creating new buying groups, concentrate on mathematics of groups already created.

Please update my payments correctly, because you are seriously mistaken with accounting.


Atte. Plissken

[hardpick]

Plissken  I think you are doing well

about 69% or your btc investment returned IE 12 btc  invested - 8.33 btc returned  = 69% --

- mine is 53%  ----- invested 4 BTC  return 2.13 BTC = 53%


maybe my maths is wrong

[Plissken]

Plissken  I think you are doing well

about 69% or your btc investment returned IE 12 btc  invested - 8.33 btc returned  = 69% --

- mine is 53%  ----- invested 4 BTC  return 2.13 BTC = 53%


maybe my maths is wrong

6 share = 13.50 BTC
 

clementina >> 1 share >> 0.12564103 btc
Plissken     >> 6 shares  > 0.18743264 btc

6 share = 13.50 BTC

[soniq]

Plissken  I think you are doing well

about 69% or your btc investment returned IE 12 btc  invested - 8.33 btc returned  = 69% --

- mine is 53%  ----- invested 4 BTC  return 2.13 BTC = 53%


maybe my maths is wrong

6 share = 13.50 BTC
 

clementina >> 1 share >> 0.12564103 btc
Plissken     >> 6 shares  > 0.18743264 btc

6 share = 13.50 BTC



Glad you pointed this out. The actual formula is" number of your shares"/780* BTC paid out less hosting and management fees..... so  6/780*700= 5.38461  . I have overpaid you on some errors  with the original script

[dutu]

Hi soniq,

Please provide a statement for each dividend payout period which should included:
* BTC mined
* Name coin mined
* cost incurred and details/breakdown of this cost
* sum of dividend payouts
* BTC per share

We have been told that operation of this GB is transparent, but we have not seen any calculation yet.

This is your obligation for the share holders of this GB, and everybody is expecting that this information is provided timely and publicly available for members of this GB.

If you cannot provide this information immediately (due to the maths involved), please indicate the date when this information can be expected from you.

[equipoise]

Hi soniq,

Please provide a statement for each dividend payout period which should included:
* BTC mined
* Name coin mined
* cost incurred and details/breakdown of this cost
* sum of dividend payouts
* BTC per share

We have been told that operation of this GB is transparent, but we have not seen any calculation yet.

This is your obligation for the share holders of this GB, and everybody is expecting that this information is provided timely and publicly available for members of this GB.

If you cannot provide this information immediately (due to the maths involved), please indicate the date when this information can be expected from you.

+1

[Bitbuy]

Unfortunately; i couldn't agree more. Not much transparancy & communication going on here.

[Bitbuy]

Looking into some various options for disposing of  the Jupiters, will update when I know more

Does this mean they will stop mining already? What is the foreseen date for this?

[Plissken]

Looking into some various options for disposing of  the Jupiters, will update when I know more

Does this mean they will stop mining already? What is the foreseen date for this?

Why?
Estimate start mining date Dec-30-2013
http://www.vnbitcoin.org/detailcalculation.php?name=KNCMiner-Jupiter_November_Shipping&startdate=2013-12-30&costperunit=4995&wattperhour=640&gigahazarate=550&daytoincrease=11&testlopfirst=3&diffincrement=29.16&bitcoinperdollar=727.72&electriccostinput=.15&begindifflevel=1180923195

[dutu]

Hi Soniq et al.

Looking into some various options for disposing of  the Jupiters, will update when I know more

Seeing that soniq is looking to terminate this operation...

The alternative would be to completely outsource operation management of this GB.
Cost of operation management should come from current GB management fee.
Percentage management fee (shares) that should be be kept by soniq can be negotiated, with agreement from soniq and the new operation manager.

My proposal is to ask Tyrion70 if he wants to take over the operation management of this GB.
Tyrion70 and blastbob are already managing another KnC Jupiter GB (ADDICTION). they seam to be very experienced. Dividends were paid out regularly on weekly basis, clear and concise reports are provided.


If soniq (or anyone else) would prefer "disposing" their part of Jupiters, it can easily be done by selling owned shares (see "Order Book Thread").


Soniq, please let us know if you are willing to outsource the operation management of this GB (you will then have the possibility to further "dispose" all you shares if you would like to).

Any feedback & comments from other GB members on this proposal is welcome.

Regards,
dutu

[baros008]

Hi all members,

I would like to know your opinion of the disagreement I have with Soniq. We tried to solve it through PM, but our points of view are different.

[..]

yes baros008, it does makes sense that you receive the dividend payout for the period you have owned the shares.
The new share owner should receive the dividend payout for the period HE has owned the shares.

If this is not the case, soniq, please clarify the rules and reasoning behind. Perhaps also update the rules so that we all know how this will be handled in the future.

The issue arises when I dont know who he sold his shares too?   One of the many issues associated with Bitfunder.

I know how many shares are associated with each  payment addresses on Bitfunder, but I don't know who sold and bought what.

That is why the dividends are paid to to the payment address associated with the shares on dividend payment date.

In a private sale I would know the buyer and be able to "hold dividend payments", but in this situation I cannot.

Listing on BitFunder was meant to be able to trade shares. But if you traded and finally sold shares when Jupiters started mining, your dividends are gone now.

All aspects of listing on BitFunder were not think out enough and rules were not specified. Was it my fault? I used only common logic in my calculation of dividend.

I understand there were issues with Bitfunder (Soniq helped me to solve some of them) and that it isn't possible to trace sold shares.

But there is one thing that undoubtedly belongs to me - prorated balance. Will you return it to me?

Can you please reply my question?

Sorry about the delay, I can send the prorated balance back to the address on record, is that fine?

Otherwise I need a signed message from the original payment address stating a change of payment address.

Yes, you can use that address, thank you.

Prorated balance still not received...

[wangguoqin1001]

Well, still can't reach my programmer, so I sent a manual payment today  29b0b50d92b6bc240a62cccc804f0c40c08a235b27d1677bc5d8240b34ca19c5

I'm sure this will create some extra work in the future, but needs to be done.

I agree that there has been too much of a period between payments. Sorry for that.  All funds will be paid out.

Looking into some various options for disposing of  the Jupiters, will update when I know more

I think soniq's just got some problems calculating everyone's shares. From what I've seen, soniq's sending the same amount of bitcoins every time, so the interval between each payout will be increasing. So he really needs someone to write some code to help him do the calculation.

But hey soniq, we are programmers and we are here to help. And we are also interested in your other projects and ideas. PM me if it's not too late.

[Deoptics8]

With two dividend payments still missing, I am not sure looking to "dispose" of the Jupiter's should be an option while still waiting on the new equipment still 6-10 weeks away. We need an updated spreadsheet, with correct maths and DATES of the occurrences and the difficulty level at each date. I still think the Jupiters still have at least another few months of usable life left. I am also keenly interested in the exact payment due to have the KNCs hosted there versus having them hosted somewhere else. (i.e. neutral data center, facility with techs). Is it possible to get more yield out versus hosting in Stockholm? Just an inquiry... What are the exact fees with description to date and how much was taken out per share to facilitate those fees? We just started this extracting and now it is already done?

    

[zhangjay0710]

Well, still can't reach my programmer, so I sent a manual payment today  29b0b50d92b6bc240a62cccc804f0c40c08a235b27d1677bc5d8240b34ca19c5

I'm sure this will create some extra work in the future, but needs to be done.

I agree that there has been too much of a period between payments. Sorry for that.  All funds will be paid out.

Looking into some various options for disposing of  the Jupiters, will update when I know more

I think soniq's just got some problems calculating everyone's shares. From what I've seen, soniq's sending the same amount of bitcoins every time, so the interval between each payout will be increasing. So he really needs someone to write some code to help him do the calculation.

But hey soniq, we are programmers and we are here to help. And we are also interested in your other projects and ideas. PM me if it's not too late.

Good idea! We will appreciate it if an automated payment program can be finished  as soon as possible

[hardpick]

how strong are the passwords ?

KnC Miner : Security hacked - Take remote control over miner!


https://bitcointalk.org/index.php?topic=392166.0

[BenTuras]

Sorry guys, but how hard can it be to create an Excel sheet that does the calculation and then feed it into a shell script/batch file to do the actual payment with bitcoind ?

[LittleD]

Soniq,
What up bro where u at?  :/

[LittleD]

Please follow my (our) thread !

"soniq" Scam Accusations thread:
https://bitcointalk.org/index.php?topic=396107.0

Alright !!!...

*What's going on with "soniq"...

*Are we Being SCAMMED ...

*Do we have any INFO on soniq...

*Do we know where He live's???...

*Can we still Trust soniq...

*what can we do to Protect GB share holders from GB Admins

~~~~Here's soniq Trust summary

https://bitcointalk.org/index.php?action=trust;u=64968


Please stay on topic! Lets HELP each other and NOT Scam each other! (We the share HOLDERs have to keep our GB admins Accountable and Honest)

[soniq]

Well, still can't reach my programmer, so I sent a manual payment today  29b0b50d92b6bc240a62cccc804f0c40c08a235b27d1677bc5d8240b34ca19c5

I'm sure this will create some extra work in the future, but needs to be done.

I agree that there has been too much of a period between payments. Sorry for that.  All funds will be paid out.

Looking into some various options for disposing of  the Jupiters, will update when I know more

I think soniq's just got some problems calculating everyone's shares. From what I've seen, soniq's sending the same amount of bitcoins every time, so the interval between each payout will be increasing. So he really needs someone to write some code to help him do the calculation.

But hey soniq, we are programmers and we are here to help. And we are also interested in your other projects and ideas. PM me if it's not too late.

Sorry about the delay, refund sent 063ea949c75088e1bdd71c0a97b5efc8afee959c82b750689085008725830701

[soniq]

Well, still can't reach my programmer, so I sent a manual payment today  29b0b50d92b6bc240a62cccc804f0c40c08a235b27d1677bc5d8240b34ca19c5

I'm sure this will create some extra work in the future, but needs to be done.

I agree that there has been too much of a period between payments. Sorry for that.  All funds will be paid out.

Looking into some various options for disposing of  the Jupiters, will update when I know more

I think soniq's just got some problems calculating everyone's shares. From what I've seen, soniq's sending the same amount of bitcoins every time, so the interval between each payout will be increasing. So he really needs someone to write some code to help him do the calculation.

But hey soniq, we are programmers and we are here to help. And we are also interested in your other projects and ideas. PM me if it's not too late.

If you have a good working option? I am open to suggestions