KnCMiner Jupiter Shares

[Wintermute420]

damiano increased his share reservation by 15 to 25.

[1715002055]

1715002055

[1715002055]

1715002055

[1715002055]

1715002055

[1715002055]

1715002055

[1715002055]

1715002055

[Wintermute420]

175 shares left.

[Wintermute420]

Everyone,

There has been a slight change in the way KnC will be paid. Since they require a payment in full by 7/1 and we can't mix and match payment methods. I will be sending a wire transfer tomorrow to them in the full amount of the Jupiter.

I will post my wire transfer as well as KnC confirmation when they receive my payment.

As far as the escrow goes, I'm ok to wait until the KnC payment confirmation comes through before having the funds released to me.

If anyone has any objections or any ideas please let me know.

If you are ok with this change please pay the escrow.

[JStock7169]

Pm Sent and Payment to John Sent

[eltonjock]

Everyone,

There has been a slight change in the way KnC will be paid. Since they require a payment in full by 7/1 and we can't mix and match payment methods. I will be sending a wire transfer tomorrow to them in the full amount of the Jupiter.

I will post my wire transfer as well as KnC confirmation when they receive my payment.

As far as the escrow goes, I'm ok to wait until the KnC payment confirmation comes through before having the funds released to me.

If anyone has any objections or any ideas please let me know.

If you are ok with this change please pay the escrow.

How many shares are available?

[Wintermute420]

Everyone,

There has been a slight change in the way KnC will be paid. Since they require a payment in full by 7/1 and we can't mix and match payment methods. I will be sending a wire transfer tomorrow to them in the full amount of the Jupiter.

I will post my wire transfer as well as KnC confirmation when they receive my payment.

As far as the escrow goes, I'm ok to wait until the KnC payment confirmation comes through before having the funds released to me.

If anyone has any objections or any ideas please let me know.

If you are ok with this change please pay the escrow.

How many shares are available?

174 shares left.

[jonsi]

reserved 11, payment in progress.

[jonsi]

Payment sent.

[damiano]

Waiting for John k to answer pm

[damiano]

Escrow contract as promised.

Thanks,
John

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

The escrow address for wintermute420's KnCMiner group buy is:

17GFgHZPyzJbaCfr8Z1hYviZaAxbq5edBj

Please state and agree to the conditions (if item is received damaged, item lost with tracking, customs fee etc) beforehand.

If possible, GPG sign your agreement to prevent any discrepancies later on and please ship with tracking to prevent problems during delivery.
GPG signing is not a requirement, and any verbal exchange in the form of private messages or posts on bitcointalk.org, or email is effective as a statement of condition.

Do note that I am only responsible for the funds up to the point it is sent to KnCMiner.
Any losses incurred by KnCMiner's or wintermute420's failure to ship/reship will not be borne by me, but I will release the following data to aid in litigation actions.


1) Photo of wintermute420 and his Driving Licence
2) Photo of wintermute420's Driving Licence
3) Photo of an official letter addressed to wintermute420

I promise the safe destruction of the data after the successful completion of the group buy. The data received may be divulged for litigation purposes if needed on the event that the group buy does not complete successfully.

The fine print:
This Contract is solely generated for the purpose of facilitating the transaction between the seller and the buyer, which refers to the pseudonyms used on bitcointalk.org.
The escrow holder, John, assumes and gives no liability or guarantees on the satisfaction of all parties involved, although he agrees to mediate and facilitate the deal to the fullest extent he is capable of.  On the event that any problems arises, he will release the escrow to whichever party that presents him with the most convincing proof and/or after an open discussion with others or theymos. 
The verbal acceptance by both parties (or the failure to reject) and the sending of Bitcoins to the escrow address above constitutes the acceptance of the terms and conditions stated, and the activation of this Contract.

Please understand that I am assuming the risk of holding the escrowed Bitcoins, and I am using my own time to facilitate this transaction.   
I am imposing a fixed and nonrefundable fee of 2% for this transaction, to be deducted when the funds are moved, regardless of the completion status of the group buy.

Thank you.

John (the escrow holder)
24 June 2013
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Accepted

Payment has been sent,  sending details in PM

[Wintermute420]

PM sent.

Reserved. Please pay John's escrow as soon as you can.

Payment confirmed.

[Wintermute420]

Anyone making a payment please send me the txid.

Also I'm assuming that you want your dividend address to be the same as the one you send your funds to the escrow.

Otherwise please notify me at time of payment. Any changes after a few days have gone by will require you to send me a small refundable amount from the original payment address.

[Wintermute420]

Pm Sent and Payment to John Sent

Payment confirmed.

[Wintermute420]

Escrow contract as promised.

Thanks,
John

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

The escrow address for wintermute420's KnCMiner group buy is:

17GFgHZPyzJbaCfr8Z1hYviZaAxbq5edBj

Please state and agree to the conditions (if item is received damaged, item lost with tracking, customs fee etc) beforehand.

If possible, GPG sign your agreement to prevent any discrepancies later on and please ship with tracking to prevent problems during delivery.
GPG signing is not a requirement, and any verbal exchange in the form of private messages or posts on bitcointalk.org, or email is effective as a statement of condition.

Do note that I am only responsible for the funds up to the point it is sent to KnCMiner.
Any losses incurred by KnCMiner's or wintermute420's failure to ship/reship will not be borne by me, but I will release the following data to aid in litigation actions.


1) Photo of wintermute420 and his Driving Licence
2) Photo of wintermute420's Driving Licence
3) Photo of an official letter addressed to wintermute420

I promise the safe destruction of the data after the successful completion of the group buy. The data received may be divulged for litigation purposes if needed on the event that the group buy does not complete successfully.

The fine print:
This Contract is solely generated for the purpose of facilitating the transaction between the seller and the buyer, which refers to the pseudonyms used on bitcointalk.org.
The escrow holder, John, assumes and gives no liability or guarantees on the satisfaction of all parties involved, although he agrees to mediate and facilitate the deal to the fullest extent he is capable of.  On the event that any problems arises, he will release the escrow to whichever party that presents him with the most convincing proof and/or after an open discussion with others or theymos. 
The verbal acceptance by both parties (or the failure to reject) and the sending of Bitcoins to the escrow address above constitutes the acceptance of the terms and conditions stated, and the activation of this Contract.

Please understand that I am assuming the risk of holding the escrowed Bitcoins, and I am using my own time to facilitate this transaction.   
I am imposing a fixed and nonrefundable fee of 2% for this transaction, to be deducted when the funds are moved, regardless of the completion status of the group buy.

Thank you.

John (the escrow holder)
24 June 2013
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Version: GnuPG v1.4.11 (MingW32)

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Accepted

Payment has been sent,  sending details in PM

Payment confirmed.

[Wintermute420]

156 shares left.

[Wintermute420]

Everyone,

There has been a slight change in the way KnC will be paid. Since they require a payment in full by 7/1 and we can't mix and match payment methods. I will be sending a wire transfer tomorrow to them in the full amount of the Jupiter.

I will post my wire transfer as well as KnC confirmation when they receive my payment.

As far as the escrow goes, I'm ok to wait until the KnC payment confirmation comes through before having the funds released to me.

If anyone has any objections or any ideas please let me know.

If you are ok with this change please pay the escrow.

How many shares are available?

Payment confirmed for 3 shares.

[Wintermute420]

131 share left.

[Wintermute420]

UPDATE 6/27/13

There have been a few changes to the structure and some details of the group buy. Below are the changes:

About:

My buddy and I pulled some resources together and have decided to buy a KnCMiner Jupiter 350Gh/s.

Investment info:

1000 shares total:

400 shares public.

400 shares myself. (My buddy decided to put less in and was moved into the public share pool, I will be covering his original amount.)

200 shares being issued to the mining operation. With this dividend income we plan to buy additional hardware.


Dividends:

Payed weekly on Saturdays.


Costs:

One-Time: $7,131
AC Unit: $200
Shelf & misc: $100

Weekly:
Miner estimated power usage: ~$15
Standalone AC unit: ~$15

Monthly:
Rent: $0
Internet: $0
Management Fee: $0

Debt:
3 month old 1200w PSU: ~$260 - Being lent to us by a buddy. To be paid back overtime once profits are generated.

Future Plans:

Create PT shares on BTCT.
Save profits and buy additional units.

Payment & Escrow:

John K is doing the escrow. Escrow address is available here: https://bitcointalk.org/index.php?topic=243092.msg2595649#msg2595649
Some of you have asked for the group buy address to avoid fees: 1vsNpyK548ew789iKTXprsK2SKYvMyiXD

Funds to be released to the group buy account once everyone is satisfied that the payment has cleared at KnCMiner.

I made a payment in full to KnC Miner & will post KnCMiner's payment confirmation when I get it:

[redmetal]

As discussed I will send my payment for 5 shares soon

Thanks

[redmetal]

Payment sent to JohnK