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

[COINPRADER]

I would like to see the mining as it happens.  Any way we can log into the new site?
Thanks

[1714715945]

1714715945

[RoboCoder]

The other nice thing about ghash.io is that the payouts are daily.  However, the altcoins will not payout automatically like btc will.  The NMC can be converted to bitcoin directly at cex.io but the other altcoins would have to be transferred out to an exchange..

[chenchunyu88]

I agree.

The other nice thing about ghash.io is that the payouts are daily.  However, the altcoins will not payout automatically like btc will.  The NMC can be converted to bitcoin directly at cex.io but the other altcoins would have to be transferred out to an exchange..

[superesc]

Is this doc (Mining doc week#3) still being updated?

https://docs.google.com/spreadsheet/ccc?key=0Ah5wT_NTrV00dE9FQ3BxYTV4d21vSnBrQmN1bTJLX1E&usp=drive_web#gid=0

[Paranoia]

...
I am asking for a flat 5% because this will cover the cost of Gas if I ever have to go back to the machines and do a manual reset..

Why not just keep the Namecoins generated from merged mining as your 5%? You can sell them on one of the exchanges for $ or BTC.

[RoboCoder]

I spoke with him on the phone to help him configure ghash.io payouts which are in %.  The miners have been mining there for a day or so and he says there is about 1.10 BTC accumulated.

I am in another group buy that is using ghash.io for the same reasons of share holder payout and it has been running very smooth - i like the daily auto-payouts.  But we have to resolve the issue of percentage prior to being able to implement the autopayout.

Anyway, I believe his fee orginally was 2%, so that would come out of our shares (ie.  if i had 39 of 390 shares, 10% would be my share - 2%).

He was originally doing fixed electric which would be complicated to do on a percentage and would require constant fiddling with numbers which is an invitation to a mistake IMHO.  What we do on the other GB is give 2% additional for electric/maintenance etc).  So that would make a 10% share 9.60% (check my math??)

I understand he wants 5% for inclusion of other incidentals.  My suggestion is this.  Let him keep the altcoins in lieu of 5%.

The paypal portion of his payouts dont come out of the shares we own as BCT members so they don't really apply - he basically gets anything that is not sent to BCT member shares anyway.

So basically i am suggesting 4% for mgmt and electric, he keeps the altcoins and we can get the shares entered and the autopayouts started...  which i am itching for.

He will also have to payout the balance of the coins from the eligius spreadsheet.

He will be setting up a view only login that GB members can use to see the machines mining and the overall balances.  It wont show the share payout settings though and what we do on the other group buy is that everyone agreed on 2 other people to be trusted with the main login to allow independent verification of the setup etc.  (i am one of those people of the other gb i am in).

Anyway, go ahead, tear my ideas to shreds, i can take it

[chenchunyu88]

I like your idea, I also think 4% is pretty fair. However, letting him keep the altcoins is not fair because who knows how much they worth in the future. I suggest that 4% for him and he needs to exchange the NMC to BTC for now and save the other altcoins in his account and them out in the future.

I spoke with him on the phone to help him configure ghash.io payouts which are in %.  The miners have been mining there for a day or so and he says there is about 1.10 BTC accumulated.

I am in another group buy that is using ghash.io for the same reasons of share holder payout and it has been running very smooth - i like the daily auto-payouts.  But we have to resolve the issue of percentage prior to being able to implement the autopayout.

Anyway, I believe his fee orginally was 2%, so that would come out of our shares (ie.  if i had 39 of 390 shares, 10% would be my share - 2%).

He was originally doing fixed electric which would be complicated to do on a percentage and would require constant fiddling with numbers which is an invitation to a mistake IMHO.  What we do on the other GB is give 2% additional for electric/maintenance etc).  So that would make a 10% share 9.60% (check my math??)

I understand he wants 5% for inclusion of other incidentals.  My suggestion is this.  Let him keep the altcoins in lieu of 5%.

The paypal portion of his payouts dont come out of the shares we own as BCT members so they don't really apply - he basically gets anything that is not sent to BCT member shares anyway.

So basically i am suggesting 4% for mgmt and electric, he keeps the altcoins and we can get the shares entered and the autopayouts started...  which i am itching for.

He will also have to payout the balance of the coins from the eligius spreadsheet.

He will be setting up a view only login that GB members can use to see the machines mining and the overall balances.  It wont show the share payout settings though and what we do on the other group buy is that everyone agreed on 2 other people to be trusted with the main login to allow independent verification of the setup etc.  (i am one of those people of the other gb i am in).

Anyway, go ahead, tear my ideas to shreds, i can take it

[chenchunyu88]

I also like to be one of the people that can access the account, pretty cool to see the miner running high speed.

[RoboCoder]

I also like to be one of the people that can access the account, pretty cool to see the miner running high speed.

Well to be honest, all those in the GB  could have the view only password and see the miners running.

[danleuthner]

Dan Leuthner here ... I purchased 29 shares of the Neptune - .42017 BTC to address 17qgpseW1Lvdyte6URpbsKQsw3Rmi7jx4x

9d4cf5c1efb298eaebc394afc34a2690289c84dfb25aeef4b93074ceec1bbbde is the transaction.


My wallet address is:
1J8pTN6hznZYuH7JdXCziBFDGadP6ZiqRp

The public note says:
This is from Dan Leuthner for neptune group buy.

[Paranoia]

I like your idea, I also think 4% is pretty fair. However, letting him keep the altcoins is not fair because who knows how much they worth in the future. I suggest that 4% for him and he needs to exchange the NMC to BTC for now and save the other altcoins in his account and them out in the future.

The value of the altcoins compared to BTC can go down as well as up.

If the altcoins were to be shared amongst the group then they would have to be converted to BTC before being shared out. Would you care to specify what exchange should be used and what exchange rate we should accept? What should he do if there is what looks like a temporary blip and the exchange rate for the coins drops? Should he hold onto them indefinitely until the rate goes back up?

[ragingazn628]

hey guys,

I spoke with robocoder yesterday and I think 4% is pretty fair too because other groups are doing the same thing. So if we're all set with this then I will put in everyone's percentage and give a public view (password) for you guys via PM so you can view the current mining status.

[chenchunyu88]

Yes. I am OK with 4%.

hey guys,

I spoke with robocoder yesterday and I think 4% is pretty fair too because other groups are doing the same thing. So if we're all set with this then I will put in everyone's percentage and give a public view (password) for you guys via PM so you can view the current mining status.

[Ashkelon]

This is confirmation for my saturn shares

payment address 1HS3FVpuupvXeborUVqPstyHg87cGHZzcs

saturn 2,
3 Shares,
In BTC 1.5 BTC
https://blockchain.info/tx/01fb6bdc745504f00cb4f48bed3d380dd0861a6173bd74f777b7e48ef1a1fc68

Saturn 8,
7 shares,
250 PPUSD + 1BTC
Paypal Unique Transaction ID 0FS20131JH426745X
BTC https://blockchain.info/fr/tx/93db7b83d0e7829f068187135d2351f2b78f0506d8e241eff15dac611babf576

Getting this done now.

so i'm finaly listed on your spread sheet but i'm still waiting on the first three (3!) dividend payments

what gives?

[ragingazn628]

This is confirmation for my saturn shares

payment address 1HS3FVpuupvXeborUVqPstyHg87cGHZzcs

saturn 2,
3 Shares,
In BTC 1.5 BTC
https://blockchain.info/tx/01fb6bdc745504f00cb4f48bed3d380dd0861a6173bd74f777b7e48ef1a1fc68

Saturn 8,
7 shares,
250 PPUSD + 1BTC
Paypal Unique Transaction ID 0FS20131JH426745X
BTC https://blockchain.info/fr/tx/93db7b83d0e7829f068187135d2351f2b78f0506d8e241eff15dac611babf576

Getting this done now.

so i'm finaly listed on your spread sheet but i'm still waiting on the first three (3!) dividend payments

what gives?

first 3? You mean 2? I'm waiting until this payout to give those who were left you everything in one bulk. After this you should receive auto payments.

[ragingazn628]

KnC Neptune #2 (FB Group + Current Members) $12 / Share:

Liem N.: $240 - 20 shares
Don C.: $240 - 20 shares
Tamy D.: $156 - 13 Shares
Eleni K.: $240 - 20 Shares
Rob L.: $240 - 20 Shares
Medor: $150 - 13 Shares
Edgar: $144 - 12 Shares
John N.: $73 - 6 Shares
Stephen L.: $450 - 37 Shares
Derek H.: $450 - 37 Shares
Andrew L.: $84 - 7 Shares
Dan V.: $73 - 6 Shares
Euphobia: $400 - 25 Shares

Total Shares: 857

KnC Neptune #3

Code:

thechevalier:		.5 BTC - 34 Shares		- 4362154be406c3a27470a63e1827708cf83fecb8a17f4341ed15e1caf8c3d71f
Kwame (FB):		.25 BTC - 17 Shares		- 460c81914a1d0fc8e8eb6dcc545248fe3f38d5a5b3d535fcc40ce2f23516c747
danleuthner:		.42017 BTC - 29 Shares		- 9d4cf5c1efb298eaebc394afc34a2690289c84dfb25aeef4b93074ceec1bbbde 

Total Shares: 857

Please send payments to:
17qgpseW1Lvdyte6URpbsKQsw3Rmi7jx4x

If you are interested. These will sell out QUICK!

Please do the following after you have submitted your payment:
1. PM me the Txid and BTC Address for confirmation / record
2. Post the Txid and BTC Address in this thread for confirmation / record

Current Market Values:

If you are interested in the next KnC Neptune now priced at $13200 shipped please use the following pricing:

1 BTC = $1050 (current est.)
1 Neptune = 857 Shares = ~3000 Gh/s = $13200 = 12.57 BTC @ 1 BTC = $1050
1 Share = ~3.525 Gh/s = $16 (Paypal / Cash for Current Group Members only)
.25 BTC = 17 Shares = 59.5 Gh/s

Please note that the listed prices are estimated at 1 BTC = $1000 (if BTC changes it will be adjusted accordingly in BTC, I will front some BTC to cover for the payment and charge you later to save time for ordering!). If BTC goes up you will be reimbursed.

Paypal accepted for current group members only!

[COINPRADER]

I'm fine with 4% as long as it covers everything (no surprise addnl costs when the Neptunes get here), and as long as all the alt coins get credited to us as bitcoins (or if we setup our own alt wallets and they get distributed to those wallets automatically?)

[ragingazn628]

I'm fine with 4% as long as it covers everything (no surprise addnl costs when the Neptunes get here), and as long as all the alt coins get credited to us as bitcoins (or if we setup our own alt wallets and they get distributed to those wallets automatically?)

Yup, there won't be any surprise costs unless KNC puts one in. Also the extra BTC from Neptune #1 should be able to cover the PSU for the Neptune.

[pickymeek]

Sorry if this is off topic, but should we have an official IRC chat room or somewhere to go when/if bitcointalk goes down again?

[ragingazn628]

Sorry if this is off topic, but should we have an official IRC chat room or somewhere to go when/if bitcointalk goes down again?

I meant to put up our own forum / IRC last month but I've been constantly been bombarded with work :/ I bought hosting and domain too...