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Author Topic: [BitFunder] - ADDICTION - KNCMiner - Now hashing at 14+TH!  (Read 74589 times)
utens
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October 28, 2013, 04:17:17 AM
 #341

Update about the miners condition? everything is going ok?
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October 28, 2013, 11:05:55 AM
 #342

received -- thanks guys!

Trade Bitcoins @ FYB-SE ---> https://www.fybse.se
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October 28, 2013, 01:22:51 PM
 #343

Allright dividend time!

Total mined btc this week: 182.3538877. The last difficulty raise caused us to mine only 30 btc in two days as opposed to ~27-28 per day the days before that.

As said last week we'll deduct the remaining one-time costs this week and next week. This week we'll deduct ~2/3rd of the remaining 72.50701867. Thats 47.50701867 btc (leaving 25btc for next week).

Hosting cost for last week are 10.16129032 btc. We pay hosting costs each week up-front so this amount will change each week as btc/eur price changes.

That leaves for dividends: 124.6855787.

Since all shares have been destributed we will not use the old GB shares anymore but only the bitfunder ones (in numbers). In bitfunder terms there are 27*12400 = 334800 shares.

Currently there are 69572 direct shares and 265228 shares on bitfunder.

Dividend per share = 0.00037241 btc.

Dividends will be payed in the coming few minutes.

Cheers

EDIT: latest list of direct shares, now complete with GB2 and GB3 direct shares: http://pastebin.com/7aEjmQqd

Received, thanks ya! Smiley
tyrion70 (OP)
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October 28, 2013, 08:35:42 PM
 #344

Update about the miners condition? everything is going ok?
So far no complaints on our side. As you can see on Eligius the miners are running stable. We've updated three miners to 0.97 a few days ago because they ran <500GH. One miner has now been ~520 for a few days, the other two are still below 500. A new firmware is expected tomorrow (https://www.kncminer.com/news/news-59). We'll be testing that on a few miners first before upgrading all of them.

A word on pools then, we've tested p2pool and btcguild in the first ~week after receiving the miners. Both did not give any hopeful results (we use both as backup pools atm). We plan to point a few miners at other pools to see if there is any notable difference. So far it seems that Eligius is by far the best pool around (no fees, tx fees distributed to miners and some nice lucky streaks as well). Eligius is also one of the few pools that offers nice public stats which we find very important transparency wise.

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October 30, 2013, 03:15:23 AM
 #345

I'm an American and have shares in the group buy #1.

If I read the posting correctly if I just wait all of my group buy 1 shares on BitFunder will revert to direct shares at the end of November?

 Seems like easiest thing to do instead of creating yet another account.

Is that correct?
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October 30, 2013, 12:50:52 PM
 #346

The Bitfunder instructions are not clear.  Well, not clear for me. 

Important Notice (October 8th, 2013):

Please be advised that BitFunder is implementing the following rules and procedures:

    As of October 8th, 2013, BitFunder will not accept new registrations from any United States persons or entities. All new registrants must supply the information required to obtain "Verified" status on their linked WeExchange account. BitFunder may, in its sole direction, decline to accept any new registrations.

    As of October 8th, 2013, all current BitFunder users who are located in the United States or are determined to be United States persons or entities will not be able to enter into any new positions on the Bitfunder website, and, as of November 1, 2013, such users will also not be allowed to sell positions on the BitFunder website.

    All current BitFunder users who are not United States persons or entities must supply the information required to obtain "Verified" status on their linked WeExchange account before November 1, 2013. Any such users who fail to provide the necessary information will not be able to enter into or sell positions on the BitFunder website as of November 1, 2013.

    Users will be able to withdraw holdings and Bitcoins from their BitFunder accounts before and after November 1, 2013.

    All assets and issuers must demonstrate that they meet BitFunder's requirements for the listing of assets, or the assets and issuers will, at BitFunder's sole discretion, be denied access to, or removed from, the site. Issuers will be notified of any additional information needed to demonstrate compliance with BitFunder's requirements.


BitFunder appreciates your understanding in these matters as we move forward.

Sincerely,
BitFunder

Supplemental Notice (October 11, 2013)

    As of October 8, 2013, BitFunder is not assessing any new fees against any user BitFunder knows to be a U.S. person and whose account will be restricted in accordance with BitFunder's October 8, 2013 notice.

    Users who are U.S. persons or users who fail for any reason to provide the information necessary to obtain "Verified" status are encouraged to transfer their shares from the BitFunder site to the respective issuer(s) no later than December 1, 2013.

    As of December 2, 2013, BitFunder will initiate a transfer from the BitFunder site to the respective issuer(s) of any remaining shares held by any users that BitFunder knows to be U.S. persons or who did not obtain "Verified" status by December 1, 2013, and will provide the issuer(s) with the public bitcoin address associated with the user account. After transfer, each user will need to work with the issuer(s) with respect to the future treatment of the shares.

    On December 2, 2013, all bitcoin balances in the accounts of users that BitFunder knows to be U.S. persons and users that did not obtain "Verified" status by December 1 will be transferred to their linked WeExchange accounts.


So how do I know if I'm verified through BitFunder, and why isn't the WeExchange website working.  It doesn't allow me to log in.  It just refresh's the page.

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October 30, 2013, 01:31:15 PM
 #347


why isn't the WeExchange website working.  It doesn't allow me to log in.  It just refresh's the page.


Thats a bug with weexchange , keep on trying & it will let u in.
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October 30, 2013, 01:35:33 PM
 #348


why isn't the WeExchange website working.  It doesn't allow me to log in.  It just refresh's the page.


Thats a bug with weexchange , keep on trying & it will let u in.

I've been trying for the last half hour.  Over 100 attempts to login with no success. 

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October 30, 2013, 02:11:58 PM
 #349

how much is it per direct share now if i want to buy some? also, can i still convert my existing bitfunder shares into direct shares?
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October 30, 2013, 02:57:19 PM
 #350

So how do I know if I'm verified through BitFunder, and why isn't the WeExchange website working.  It doesn't allow me to log in.  It just refresh's the page.

WeExchange is working for me here. You need to get verified in WeExchange, click the status "Unverified" to submit your scanned IDs.
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October 30, 2013, 03:09:37 PM
 #351

what is the minimum value BTC to withdraw at  WeExchange ?
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October 30, 2013, 03:20:14 PM
 #352

So how do I know if I'm verified through BitFunder, and why isn't the WeExchange website working.  It doesn't allow me to log in.  It just refresh's the page.

WeExchange is working for me here. You need to get verified in WeExchange, click the status "Unverified" to submit your scanned IDs.

I'm trying to make sure I'm verified, but I can't log in.  It just refresh's the page when I try to login.  Any Advice?

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October 30, 2013, 03:26:21 PM
 #353

So, why is WeExchange blocking US connection attempts? 

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October 30, 2013, 05:56:53 PM
 #354

Update about the miners condition? everything is going ok?
So far no complaints on our side. As you can see on Eligius the miners are running stable. We've updated three miners to 0.97 a few days ago because they ran <500GH. One miner has now been ~520 for a few days, the other two are still below 500. A new firmware is expected tomorrow (https://www.kncminer.com/news/news-59). We'll be testing that on a few miners first before upgrading all of them.

A word on pools then, we've tested p2pool and btcguild in the first ~week after receiving the miners. Both did not give any hopeful results (we use both as backup pools atm). We plan to point a few miners at other pools to see if there is any notable difference. So far it seems that Eligius is by far the best pool around (no fees, tx fees distributed to miners and some nice lucky streaks as well). Eligius is also one of the few pools that offers nice public stats which we find very important transparency wise.

How's new FW doing? Smiley
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October 30, 2013, 06:59:13 PM
 #355

I have a doubt regarding weexchange verification, only with my government ID is enough or I have to reach 100 points?
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October 30, 2013, 08:02:04 PM
 #356

I'm looking to sell my remaining 2500 shares (that's 100ghash in total [40mhash * 2500])  for the US buyer, ready to transfer specifically on the 11th November, due to the fact that I've an order pending for payment soon and I'm in need to convert those to fiats. For those who are interested, you may PM me directly to talk about the price

Pricewise should be lower than CEX are offering Wink

For the transaction, we can have Tyrion70/Blastbob as a middleman if that's ok Smiley

Price/share?

CoinAngels is a group of entrepreneurs focused on helping launch and develop digital currency related startups.
www.coinangels.org | Donate. Invest. Advise.
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October 31, 2013, 02:07:02 AM
 #357

I have a doubt regarding weexchange verification, only with my government ID is enough or I have to reach 100 points?
You have to reach 100
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October 31, 2013, 02:14:50 PM
 #358

im looking to sell 1240 shares to someone in US, PM me if you are interested, also with a price offering per share. thanks.
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October 31, 2013, 02:27:29 PM
 #359

im looking to sell 1240 shares to someone in US, PM me if you are interested, also with a price offering per share. thanks.
Just wondering why you want to sell to someone in US ?

I am selling in stock OneStringMiner boards, based on the Bitfury chips. Have a look here: https://bitcointalk.org/index.php?topic=495536.0
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October 31, 2013, 02:38:03 PM
 #360

im looking to sell 1240 shares to someone in US, PM me if you are interested, also with a price offering per share. thanks.
Just wondering why you want to sell to someone in US ?

because they can't buy it any other way, perhaps he's expecting a premium?
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