[GB] October Jupiter KnCminer 3% hosting 90 shares 1BTC/share JohnK escrow

[Fedrico]

This is my second thread in the group buys, the first is a group buy for a BitFuryStrikesBack miner

Polling for interest in a Juputer KnCMiner 400GH/s

This is a group buy for 90 shares at 1BTC each
But, if there is interest I will change it to 360 shares at .25 BTC each.

Each .25BTC unit will have 1.11 GH/s
So for 1 BTC you are getting 4.44 GH/s much more than buying USB Eruptors.

About me
I am a college student and have access to my school's computer lab. Secure with only 5 people who have access to this lab (keycard access, and place has 24/7 security). Free internet and free electricity. I will be charging 3% of each month's mined coins as a hosting service. No electricity costs or internet costs.

Why am I doing this?
I have free electricity from school, and want to make the most of it. 400GH/s is about 233 bitcoins per month. That's about 6.9 Bitcoins for me each month per machine. I hope to host just 10 of these machines.

Are people interested in this group buy?

I will be using John K as escrow if there is enough interest.
I would also like everyone to know that these are prices based on 80USD bitcoin if price for bitcoins increases and there is enough pledged to purchase a machine I would like to close out the escrow and make a purchase with as soon as possible. The total mining power will be divided equally among the number of units which have been sold, my fee remains the same at a low 3%

If interested please post here to show interest.

[zackclark70]

Sounds good shame you don't have good rep around here 

[Fedrico]

I will be verifying my identity with JohnK. Not sure how else to build up rep. But my passport details will be there and I will be responsible for the system.

[Fedrico]

No one interested?

[damiano]

There is interest, but its that no one knows you.

[Fedrico]

There is interest, but its that no one knows you.

What can I do to change that?

[peonminer]

There is interest, but its that no one knows you.

What can I do to change that?

More posts, more trades, more PICTURES of the hosting facility, location, ability for a forum member to meet you, partial Dox posting, some sort of proof you're not a complete idiot or scammer who will run off with their thousands upon thousands of dollars worth of equipment, proof the school is GIVING YOU PERMISSION TO USE THE FACILITY, INTERNET, ELECTRICITY, FULL ACCESS for ALL of the for mentioned equipment. Don't get me wrong, it sounds like a steal, but all of the points I made are valid ways to up your rep. Oh, and references, verifiable references. Online and off. You're talking about thousands of dollars of other people's money. All other pre-order monsters destoyed everyone's perspective of honesty (which should have been already askew given the fact that this is the world wide (anonymous) web...)  

[CanaryInTheMine]

what happens when the school finds out you are stealing electricity and internet?  you have absolutely ZERO control over your device on someones premises.
when the school finds out, you can be charged with theft the the miner will become evidence.

Good luck!

[Fedrico]

what happens when the school finds out you are stealing electricity and internet?  you have absolutely ZERO control over your device on someones premises.
when the school finds out, you can be charged with theft the the miner will become evidence.

Good luck!

I'm a comp sci major and I'm authorized to use the lab as well as bring in my own equipment. I've already cleared it with the tutor.

[Fedrico]

There is interest, but its that no one knows you.

What can I do to change that?

More posts, more trades, more PICTURES of the hosting facility, location, ability for a forum member to meet you, partial Dox posting, some sort of proof you're not a complete idiot or scammer who will run off with their thousands upon thousands of dollars worth of equipment, proof the school is GIVING YOU PERMISSION TO USE THE FACILITY, INTERNET, ELECTRICITY, FULL ACCESS for ALL of the for mentioned equipment. Don't get me wrong, it sounds like a steal, but all of the points I made are valid ways to up your rep. Oh, and references, verifiable references. Online and off. You're talking about thousands of dollars of other people's money. All other pre-order monsters destoyed everyone's perspective of honesty (which should have been already askew given the fact that this is the world wide (anonymous) web...)  

I will make more trades. I will also be putting up my ID info with John K for escrow.

[jamesc760]

I work as a network administrator for a college in Southern California. If I find out that a student is using one of the computer labs for mining, and I will find out because we do monitor network traffic, that student will be in BIG TROUBLE. We are talking about immediate suspension and possibly criminal charges. DON"T DO IT.

You cleared with a tutor??? No, you need to get a written permission from the school, maybe the even board. I can guarantee you that no sane school staff/administrator/board members will give you a verbal or written permission for such purpose. DON"T DO IT.

[soapmodem]

Young and foolish. You won't be able to cheat the system in the long-run, so learn it now and pay for the things you consume like everyone else.. it's the only way society functions properly. That includes electricity.

I haven't been here very long, granted, but I know when a thread deserves to be locked.

[Fedrico]

I work as a network administrator for a college in Southern California. If I find out that a student is using one of the computer labs for mining, and I will find out because we do monitor network traffic, that student will be in BIG TROUBLE. We are talking about immediate suspension and possibly criminal charges. DON"T DO IT.

You cleared with a tutor??? No, you need to get a written permission from the school, maybe the even board. I can guarantee you that no sane school staff/administrator/board members will give you a verbal or written permission for such purpose. DON"T DO IT.

Perhaps we operate differently here in Italy.

You're saying simply due to the fact that it is against your school's policy, it would be against my school's policy?

[hasher87]

I work as a network administrator for a college in Southern California. If I find out that a student is using one of the computer labs for mining, and I will find out because we do monitor network traffic, that student will be in BIG TROUBLE. We are talking about immediate suspension and possibly criminal charges. DON"T DO IT.

You cleared with a tutor??? No, you need to get a written permission from the school, maybe the even board. I can guarantee you that no sane school staff/administrator/board members will give you a verbal or written permission for such purpose. DON"T DO IT.

Perhaps we operate differently here in Italy.

You're saying simply due to the fact that it is against your school's policy, it would be against my school's policy?

you school seems awesome. how do i apply for it??