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Author Topic: [CLOSED] [AUCTION] KnC Mercury USA 1/25 Shares  (Read 2321 times)
arthurdent6
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July 12, 2013, 12:38:20 PM
Last edit: August 06, 2013, 05:44:03 PM by arthurdent6
 #1

CANCELLED, ONLY TWO BIDS
Timer removed. End time: 2013-08-05+23:59:59

 Sad  Sad  Sad  Sad

Sorry to those two people that had faith in me and bid, but I'd rather not manage such a small number of shares.  Consistent with the original terms I posted, I am accepting zero out of the two bids I received.  There are a few other Saturn/Jupiter group buys where you can get payouts of 4~5 Gh/s starting in October, I suggest you look there if you're interested.
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arthurdent6
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July 12, 2013, 03:16:54 PM
Last edit: July 12, 2013, 05:38:21 PM by arthurdent6
 #2

Contacted John K. to ask for identity and address verification via State ID / Passport / Mail.  This is what it looks like others have done to set up trust as group buy organizers.

https://lh5.googleusercontent.com/-0Cl68fDnyWQ/UeA-ziogw8I/AAAAAAAAAa4/S4dUvxHowR8/w957-h444-no/miner_receipt.bmp

I am also willing to use John K. or another trusted third party to verify that I own this order, and it is being shipped to my address.

Anyone else willing to provide the identity verification service for this group buy, please PM me.
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July 12, 2013, 06:21:47 PM
 #3

when is delivery
arthurdent6
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July 12, 2013, 07:14:09 PM
 #4

Delivery according to the company is October, and their recent update makes it seem like they might get them out sooner:
https://www.kncminer.com/news/news-23
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July 12, 2013, 07:20:04 PM
 #5

Quote
- Each share entitles the owner to *exactly* 1/25th of the BTC proceeds from a KNC Mercury Miner mining 24/7 for 24 months*
What other fees are we looking at here?
arthurdent6
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July 12, 2013, 08:56:39 PM
 #6

I'm not asking for any fees.  Electricity, cooling, maintenance, monitoring, all of that should be factored into the price that you bid.
John (John K.)
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July 13, 2013, 04:01:20 PM
 #7

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

I confirm the receipt of the documents below. Please note that I am not a professional nor trained in verifying documents given, so I cannot guarantee that they're 100% authentic or came from the original owner.

1. Photo of arthurdent6's Drivers License
2. Photo of a letterhead addressed to arthurdent6
3. Photo of arthurdent6's Firearm Owner's ID
4. Photo of arthurdent6 holding a piece of paper with his username
5. Photo of arthurdent6's paid order for KnC.

I promise the safe destruction of the data after the successful completion of the group buy. The data received may be divulged for litigation purposes if needed.

Thanks,
John
13 July 2013
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.11 (MingW32)
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=cWLa
-----END PGP SIGNATURE-----

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

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July 13, 2013, 04:55:58 PM
 #8

Wish you the best of luck arthurdent6.

Bitcoin OTC rating GPG ID: 3E7974A1 P2Pool statistics: p2pool.info
arthurdent6
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July 13, 2013, 05:33:17 PM
 #9

Thanks! I was inspired by your success obviously, Mog. If I don't get any takers, I guess I'll have to take delivery of my miner and hope the BTC revenue makes up the initial expense and who knows? Maybe a lot more :-)
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July 17, 2013, 08:07:59 PM
 #10

No bids here? I am tempted!
arthurdent6
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July 17, 2013, 09:55:42 PM
 #11

Not yet, stex...
I would like to start the countdown to the auction close when I get the first bid.  Does 2 weeks sound right?
The longer time passes, the more it adds value to know that the order is already in the delivery queue!
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July 17, 2013, 10:06:31 PM
 #12

You mentioned:
OFFERING DETAILS
- There are no fees on top of this because I will take the operational expenses out of the shares I keep for myself.


I am confused on the number of shares you are keeping. You are selling 25 shares at 4ghs each, right? or, is it less?
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July 17, 2013, 10:07:44 PM
 #13

I'm tempted!!
stex2009
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July 17, 2013, 10:07:52 PM
 #14

Does 2 weeks sound right?
Not sure. I am mainly watching here. I am in the US too, and can invest a couple BTC here and there where I see value.
damiano
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July 18, 2013, 04:31:48 AM
 #15

Tell us how many of those 25 belong to you
arthurdent6
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July 18, 2013, 02:38:27 PM
 #16

Tell us how many of those 25 belong to you

Hey damiano... The shares are each 4% of the miner (1/25, ~4Gh/s) no matter how many I keep.  All 25 belong to me as of right now because the miner is paid and my address is on the order.  But if you want to own a piece, just make me a reasonable offer  Smiley

My ideal outcome would be to keep 5 and sell 20 for around 80-100 USD (1.0-1.5 BTC) each.  BTC bids I will have to accept depending on the USD exchange rate since I paid for the miner in USD.  But I might not get interest for 20, I might only get bids for 10.  Or if the bidding goes way up for all 25 shares (wishful thinking maybe  Tongue ) I will sell all 25 and use the proceeds to upgrade the miner.
arthurdent6
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July 18, 2013, 02:42:15 PM
 #17

You mentioned:
OFFERING DETAILS
- There are no fees on top of this because I will take the operational expenses out of the shares I keep for myself.


I am confused on the number of shares you are keeping. You are selling 25 shares at 4ghs each, right? or, is it less?

Sorry I missed this question.  Hopefully the comment I left above answers it.  The reason I can't say exactly how many I will keep is because I don't know exactly how many bids I will get.  If I only get a few bids I'll accept them and then I'll just have to keep all of the rest since no one is buying them.  Make sense?
arthurdent6
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July 22, 2013, 04:33:50 PM
 #18

Will you accept USD bids for shares?

I can accept bids and PayPal payments in USD and convert to BTC if that's convenient.

If there's any dispute or reversal I will refund the money and cancel the shares and the payouts.  There will be a deadline on receiving payment so that the payment couldn't be reversed after the BTC payouts were sent.
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July 22, 2013, 04:49:04 PM
 #19

I bid 1 share at $80 USD via paypal.

I sell Bhut Jolokia "Ghost" Chili seeds and other hot pepper seeds for BTC. PM me for details.
arthurdent6
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July 22, 2013, 05:10:00 PM
 #20

I bid 1 share at --- USD via paypal.

Thank you, aoshea, could you please send a PM and sign with your receiving BTC address?

I will start the countdown!

If you change your mind about staying anonymous / hiding your bid price, you can edit your post  Smiley
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