[OPEN] KnCMiner Jupiter Shares GB4 .1/per share = .4Gh/s

KnCMiningOp (OP)

Sr. Member

Offline

Activity: 448
Merit: 250

[OPEN] KnCMiner Jupiter Shares GB4 .1/per share = .4Gh/s

July 10, 2013, 12:01:38 AM

#1

Please post here: https://bitcointalk.org/index.php?topic=253217

About:

After our first, second & third successful group buys: https://bitcointalk.org/index.php?topic=243092.0;all & https://bitcointalk.org/index.php?topic=249820.0;all & https://bitcointalk.org/index.php?topic=252584.0;all

We have decided to do another group buy for another KnCMiner Jupiter 400Gh/s

You can see the financials of the mining op here: https://docs.google.com/spreadsheet/ccc?key=0ArPW9Lus2VT5dFpZbndNSXY0Y1RjTVFDQzlxUW1yS3c#gid=1

Investment info:

1000 shares total:

750 shares public.

50 shares myself for management.

200 shares being issued to the mining operation for re-investment.

Dividends:

Payed weekly on Saturdays.

Please note that these group buy 4 shares will not start receiving a dividend until this unit is up and mining.

Costs:

One-Time:
KnCMiner Jupiter $7,131
PSU: ~$250
AC Unit: $100
Shelf & misc: $50

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

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

Future Plans:

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

Payment & Escrow:

John K escrow.

Or the mining op address is: 1vsNpyK548ew789iKTXprsK2SKYvMyiXD

When you send your payment please pm me the txid, your dividend address and your email address.

Price per share is .1 BTC

FAQ:

Are the shares transferable?
Yes they are.

Can I pay with Paypal?
Yes @ $10/share. Please PM me for details.

Can I pay via BTCT?
Yes you may. Please PM me for details.

What are the short term re-investments?
See the Shares table here: https://docs.google.com/spreadsheet/ccc?key=0ArPW9Lus2VT5dFpZbndNSXY0Y1RjTVFDQzlxUW1yS3c#gid=1

What are the dividend expectations per share?
See the Dividend Yield Estimates sheet here: https://docs.google.com/spreadsheet/ccc?key=0ArPW9Lus2VT5dFpZbndNSXY0Y1RjTVFDQzlxUW1yS3c#gid=2

What happens if BTC doesn't go over $100 USD?
I will ask everyone to send in a little extra BTC per share. If you paid with cash you won't need to pay anything more.
You will also have the option for a refund if you don't want to send any more, less any fees.

Has this unit been ordered yet and/or when will this ship?
No it hasn't been ordered and depending on when the order is placed depends on when it will ship.

Any other questions please PM me.