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Author Topic: [CLOSED] KnCMiner Jupiter Shares GB2 - .1 per share = .4 Gh/s  (Read 943 times)
KnCMiningOp (OP)
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July 05, 2013, 04:55:38 PM
Last edit: July 08, 2013, 07:52:58 PM by KnCMiningOp
 #1

https://bitcointalk.org/index.php?topic=249820.0
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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KnCMiningOp (OP)
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July 07, 2013, 02:47:10 PM
 #2

Advantages of this group buy vs some of the others:

This will not become my property after X amount of months.
This will run until it is no longer profitable OR we decide to keep mining and pay for the electric/AC.
More affordable at .1 per share with no minimums.
20% of the profits are re-invested into additional mining hardware or other mining assets.

435 shares left.
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July 07, 2013, 06:46:28 PM
 #3

If there are 1000 shares per machine, and 750 shares are sold to the public. Doesn't that mean there's a 250 share or 25% per month service fee?
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July 07, 2013, 07:00:06 PM
 #4

If there are 1000 shares per machine, and 750 shares are sold to the public. Doesn't that mean there's a 250 share or 25% per month service fee?

Not at all. 20% is being kept by the mining op and re-invested into additional hardware at no additional cost to the share holders.

As far as a fee goes if group buy 2 is successful it will be 2.5% as there will be total of 2000 shares issued and only 50 are being considered as management fee shares.
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July 08, 2013, 05:00:25 PM
 #5

Only 100 shares left. Smiley
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July 08, 2013, 07:52:44 PM
 #6

Closing this group buy. Please pay by Friday and be on the lookout for a 3rd group buy coming soon.
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