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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
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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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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