[OPEN] Confirmed*PAID* USA NO VAT KnC Neptune#3 - .25 BTC = 17 Shares = ~60 Gh/s

[floatyfish]

So I hope I'm understanding this correctly, but do each share holders get a dividend from the whole lot of miners but not until the specific miner they're holding a share on gets delivered?

I think your question might have been answered, I posted the potential answer below.

Your point about joining the company and owning shares in a pool of machines is good idea, but I'm assuming that early adopter's would have to share their proceeds with eveyrone who bought in later, no? That could be problematic.

No. Early adopters should get their reward for being early adopters (I'm a late adopter).

Lets say that 4 Saturns have been delivered and each one generates 1BTC every week. Every Sunday, at midnight, all the generated bitcoins are distributed to the shareholders.

Everybody with a share in the first 4 Saturn has 11 shares in the Company. This means that there are a total of 3432 (4x78x11) shares in the company.

On Sunday, at midnight, every Company share gets 4/3432 BTC = 0.0011655 BTC.
On Wednesday, Saturn #5 is delivered and powered on. Over the following 3.5 days (until midnight Sunday) it generates 0.5 BTC.
On Sunday, at midnight, every shareholder of Saturn #5 gets 0.0064103 BTC (0.5/78). Every share in the Company gets 4/3432 BTC.  858 (11x78) new shares are created in the Company and exchanged with the owners of Saturn #5.

The company now has 5 Saturns and there are now 4290 shares in the company.

The following Sunday 5 bitcoins have been generated over the previous 7 days and each share in the Company get 5/4290 BTC = 0.0011655 BTC.

[1715475143]

1715475143

[1715475143]

1715475143

[1715475143]

1715475143

[lajz99]

I'ts been a few days since ragingazn628 has been in this thread and updated everything. 

Is this normal?

Kinda...

OP if you need any help with the admin aspect of this please let me know as I've got time to help.

[Kushedout]

3BTC sent for 5 shares of Jupiter

/tx/21a8980e134cd1c96ef5b920d08a4328d8ad67f54c382aa4b308953e4d647fc7

Thanks

[Archi348]

Sent a PM asking for Paypal address.  Looking to lock up two shares.

[floatyfish]

So is there any news on this? It appears that the OP has not posted in a few days.

[gorkab]

The title says .5BTC per share, but the first post says its .6BTC per share. Whats the correct one?

[floatyfish]

The title says .5BTC per share, but the first post says its .6BTC per share. Whats the correct one?

It fluctuates with the value of BTC so originally it was .5, but I do believe it's currently .6,

[rd1]

Sent 1.8 btc for 3 shares of jupiter #2

TxID
http://blockchain.info/tx-index/44f56d7649fbcec731329e8f821436d7b5d460bb7a2b335fd6879085a90f692c

My BTC address
1EecnXDpZkXYAY1vkP7sJNF7zPHNjXeWTi

[DugOutDad]

Well, RagingAzn's ASICS thread isn't looking very healthy right now, panic setting in...  

Hey johnk
Tell everyone I have a family emergency

Tell them I'm very sorry I will get back to everyone tomorrow

Fun times ahead.

[peterlex]

Ppl stay cool!

Everyone have problems and need some time off.

Isn't it best to downgrade Jupiter2 to a Saturn and make the buy as quick as possible? Then complete a second Saturn and make an upgrade to Jupiter... or not.

It seems KnC is on schedule, they announce in their website that orders made today will be shipped in October. So earlier orders will be shipped in September  

[bowen151]

I'm in need of some liquidity at the moment so I am considering selling my 6BTC worth of shares for 5.5BTC

See the page here for my proof of ownership of said shares: https://bitcointalk.org/index.php?topic=233624.msg2514497#msg2514497

If anyone is about to buy in then you could do so at a reduced cost if you would like to buy my shares for Saturn #5

[ivanb]

I'm in need of some liquidity at the moment so I am considering selling my 6BTC worth of shares for 5.5BTC

See the page here for my proof of ownership of said shares: https://bitcointalk.org/index.php?topic=233624.msg2514497#msg2514497

If anyone is about to buy in then you could do so at a reduced cost if you would like to buy my shares for Saturn #5

Hi bowen151

im in if we do the trade via escrow.
Cheers
IvanB

[bowen151]

I have no issues with an escrow being used, i'll even cover the associated fees. Go ahead and contact JohnK for an escrow contract and point him to this thread for reference.

I also have to send 5% of the total sale price to the OP for any associated admin costs, transfer of shares etc.

Once I confirm that the escrow address is loaded with 5.5BTC I shall contact ragingazn628 and ask for a payment address to pay the 5% sale fee and also to ask for the transfer of my shares to you.

Thanks ivanb

[ivanb]

Hi Bowen,

I contacted johnk and asked him to set up a btc address for our trade.
Cheers
Ivan

[floatyfish]

So what's going on?  Is he coming back or what?

I would like to know as well. Perhaps we can somehow get someone else to be the leader? I don't have a lot of money invested in this (only what I could lose) but it would be nice to know what's happening with it.

[lajz99]

Hopefully things are okay and we can get back on track here soon.  Like I said I'd be willing to help out with some of the admin and whatever OP may need...

[bowen151]

Ivan we should hold off on this untill the issues with the OP are cleared up. Sound good?

[ivanb]

Ivan we should hold off on this untill the issues with the OP are cleared up. Sound good?

Yes sounds good.

[id10tothe9]

hi!
do you still have shares available?
I would like to buy like 25 shares?

[Kushedout]

hi!
do you still have shares available?
I would like to buy like 25 shares?

The OP is MIA. So, no you won't be able to get any shares for now. Unless someone else takes over this GB.

But, lets just hope regin returns.