1.55 BTC = 7.1GH/s KnCMiner Jupiter. InfiniteHash.com BETA - Miners HERE!

[mupartee]

There might be some shares left, I've asked Adeel to figure that out. There were some outstanding requests that were made while he was in the hospital, but some haven't paid, so he has to get confirmations in order to know exactly what's available without overpromising. The price is not 1.15btc, the price is approximately $7,000 / 54 shares which is about $130 per share, so whatever that equates to for the dollar to BTC exchange rate when the purchase is made using the BitPay exchange rate https://bitpay.com/bitcoin-exchange-rates because that's what KnC uses to process the payment. At this point right now for example ($110/BTC) that would be 1.18 per share.

[mupartee]

There might be some shares left, I've asked Adeel to figure that out. There were some outstanding requests that were made while he was in the hospital, but some haven't paid, so he has to get confirmations in order to know exactly what's available without overpromising. The price is not 1.15btc, the price is approximately $7,000 / 54 shares which is about $130 per share, so whatever that equates to for the dollar to BTC exchange rate when the purchase is made using the BitPay exchange rate https://bitpay.com/bitcoin-exchange-rates because that's what KnC uses to process the payment. At this point right now for example ($110/BTC) that would be 1.18 per share.

Do you know when he will do the conversion and refund the differences?

No I don't. But bear in mind that I was using the current BitPay price quote just as an example, but realistically most/all of these units were purchased many weeks ago as noted in his earlier replies, so despite the fact that BTC has risen in the last week or two, the previous exchange rates prior to the last 1-2 weeks unfortunately was lower. I made my two purchases when bitcoin was hovering around the $80 mark and essentially lost 1-2k because of it :/ and that will likely be the same for anyone else who bought at that time.
A current BitPay exchange quote would only really matter for any remaining shares that are currently not paid for, as one bitcoin now is worth more than one from several weeks ago.

[Adeel06]

Yeah it ended up being around 1.55 BTC at the time i paid for them at 130 USD. I took ben's advice and bought the systems early so we'd be in better position to get them, which in my opinion is well worth it. Along with all of the other expenses i have already purchased for our group buys and for my other bitcoin business that will be up shortly. I have been trying my hardest to try to get on the forums often but its difficult because of my injury.

Adeel

[Adeel06]

Yes, we are still at the front of the list for late Sep and Early Oct. Finally, due to the fact that my other infinite hash business that will be up shortly, this is the last week that people may buy shares in this endeavor. If it does not reach the 54 shares needed, then I will simply use the rest of the shares for my other company which will be selling them at a much higher rate. I tried my hardest to make this project as amazing as possible for my customers. Not only have I bought 2 central air units, i also purchased a separate 14,000 BTU PORTABLE unit that also dehumidifies. Along with that I have purchased 2 steel racks to old our systems, so to date I have invested well over $15,000 just so that our systems will be in the BEST possible environment. So if you are interested in purchasing more shares, please contact me as soon as possible as the rates on InfiniteHash.com will be far greater in their purchase amounts.

[Adeel06]

Deloghni 12,000 BTU Portable A/C


Carrier Central 5 TON Air Conditioning Unit


Carrier Central 4 TON Air Conditioning Unit


One of the 2 Completely Steel Fabricated Racks that our systems will be held on for optimal cooling.

Along with this we have purchased:
Multiple High-end surge protectors incase of an Thunderstorms with Lightening.

Sorry for taking so long to upload everything guys, again, my injury has been a hinderance.
But this is the proof that we have been spending money for our customers, while we haven't earned a dime yet for our work. This all came out of my own pocket. So to anyone who says that this is a "bust" or anything else silly like that, please look at what we have already done thus far without asking out customers for another dime. Pretty sure none of the other services here on Bitcointalk would spend well over $15,000 on parts for their customers.

-Adeel Anwar
Infinite Hash.

[Adeel06]

BUMP. We will no longer be offering shares very soon so get in while you can. Remember we have very early ship dates for our systems.

[Adeel06]

Nickem just purchased 100 shares for 2 of our systems that were early ordered.

[baloo_kiev]

I'm in for one share.

Code:

1 share of KnC group buy.
Address: 1JPpvSNXbCj79kbRZLp6oiQN7LfBVHabFg
TXID: e6f51fdd8670b93a1508d456470240d64c33e7e1192a1e71abe26114cec7767a
baloo_kiev

Code:

HIu/YAUowkRysqUNRS6DkD0bltDvyVf4RMrjFT/IvGGezh1u9YZGoH+VSpOBMmPZbxp4ouejSJF3g9ADHBebBbo=

[Adeel06]

Okay, I got you down.

-Adeel

[Adeel06]

I would just like to note that i will still be accepting share payment, but only upto a point as I already have another business that will be utilizing whatever unused shares their are on this system and the many others I have ordered for our company. These will be priced at a much higher rate than the shares that are available here on Bitcointalk.org. So basically, I'm just leaving this open to help you guys out, as I don't really need anymore sales from here. We are looking to blow Cloudhashing.com out of the water. InfiniteHash.com will be the leader of Bitcoin Mining Contracts by the end of this year.

[fuggedit]

I would like to buy in at 1.55btc. Depending on how i feel when I see the first divi's I would like buy a few more. Are you guys ok with that?

[Adeel06]

Nope, the rest of the mining will be used for www.infinitehash.com when it's up. I have bought the early systems so they should be in shortly. Any and all purchases are just to benefit the bitcointalk community as of now and even the ones before!

Adeel

[anykeywhy]

https://bitcointalk.org/index.php?topic=286588.0

Readability of OP should be improved now!
Thank you all again for sharing suggestions and my apologizes again for *firewworks*!!!

Cheers!
-anykeywhy-

[Adeel06]

A lot of people have been asking when our order date was, look how low our order numbers are! Some peoples order numbers are in the 5,000's!




I got flamed a lot for this in the beginning and everyone said I was just a scammer, blah blah blah. Now here's proof of just 4 of our systems ordered, which I took the liberty of paying for our of pocket, before the members on the forums even had put up enough money for the buys. Along with that the $15,000 worth of equipment above can be seen as well. I basically worked my ass off these past 3 months for you guys, and I hope it all ends up being worth it, for all of us!

[bbmolo]

Hi,
Count me in for 2 shares, should pay by tomorrow.
So I should expect the miners to be hashing around mid october rite?
Thanks

[Adeel06]

I will allow you to pay until tomorrow. After that, I am no longer accepting new buyers.

[bbmolo]

Hi,
Just sent 3.1 BTC for 2 shares.
Payment address to 1M3FCNYEiRx9MggCbRQ571CKmdySkHJp8W.
The transaction id is b727e050c93f7fa01f5b3c3cb03723cb7bb44409cfa8503d2d29f78328622056.
Please confirm.

Thanks

[Adeel06]

Confirmed. Group buy CLOSED.


Adeel

[Adeel06]

THANK YOU TO EVERYONE WHO PARTICIPATED IN THIS GROUP BUY! This was a beta for www.infinitehash.com . You guys were awesome! Hope to be sending payments as soon as possible.

Adeel

[baloo_kiev]

THANK YOU TO EVERYONE WHO PARTICIPATED IN THIS GROUP BUY! This was a beta for www.infinitehash.com . You guys were awesome! Hope to be sending payments as soon as possible.

Adeel

When are you planning to launch the website?