Closed [GB] KNCminer Jupiter #26 Sold [Added to 8.4 TH/s Jupiter Pool]

[soniq]

This group buy is for  5 KNCminer Jupiter's made by (https://www.kncminer.com) company located in Stockholm, Sweden. The unit that the shares relate to is the KNC Jupiter @ 400GH/s https://www.kncminer.com/products/jupiter.  

The original 450 shares for 15 KNC Jupiters have been sold out for this GB. June 16, 2013  https://bitcointalk.org/index.php?topic=226319.0


Jupiter #22    0/30 shares left - paid bank wire, waiting for confirmation
Jupiter #23    0/30 shares left - trans id- e8a66b3061dc9202796e0b72655ec1d73c25974c4f68d620da47763ac2732be5
Jupiter #24    0/30 shares left - trans id- 3664b4d22ded1b8c5f9e3c640c9db4f33f5932bf90b5feab8511aea977b7dc36
Jupiter #25    0/30 shares left - tran id- d6eeca722a4ce1e3978763ea322b32c58d2b46f2899f68ad265f451fbaede188
Jupiter #26    0/30 shares left - trans id- 4082c8ebf6d042eb4c4cba878114eb66d553aaf3c48170facc40f479f5f45ba7





 
Offering 3rd Jupiter GB:

Effective July 21, 2013 Shares are 2.4 BTC each, will adjust as USD/BTC exchange rate changes as Jupiters are priced in USD. I am not making a profit buying the Jupiter's
- 30 shares at 2.4 BTC are available
- Each share entitles the owner to 1/30th* of the BTC proceeds from the  KNC Jupiter's mining 24/7 till no longer profitable or sold (less expenses and management fees)
- management fees are 2% of BTC mined after expenses are deducted.(expenses include but are not limited to, hosting, repairs, shipping, taxes)
- payment will be made to the address of the shareholder  bi-weekly  
- miners will be hosted at KNC facility in Stockholm, Sweden
- each Jupiter purchased in 3rd GB will be added to original 15 Jupiter GB as they are received
- *shares in this 3rdd GB will receive prorated dividend payments from entire pool once Jupiter's are delivered and mining in original 15 Jupiter  pool



To purchase shares:

- Send 2.4 BTC per share to address: 1GW2ReZrFWuMn71xy4efB3sxViPC3iF8ES [This address will be for this GB alone]
- PM me/and post the transaction ID (txid) in this thread.  
- ONLY use sending addresses you fully control. I will use the sending address for BTC payouts for your share ownership and if you request change of payout address I will require that you can sign your share purchase address to make this happen OR I WILL NOT CHANGE THE RECEIVING ADDRESS. This is for your own protection.
-This Group Buy will be sold in lots of 30 shares to qualify for another KNC Jupiter
-anyone not included in another 30 share lot once GB is closed will be refunded

  

IN CASE OF NON DELIVERY:
 - I (soniq)take no responsibility for the possibility that KNC Miner does not deliver the Jupiter miner. I(soniq) have done what I consider a thorough due diligence but as we all know, you can never 100% guarantee anything when it comes to pre-orders.
- Refunds will be given in case of non-delivery less 1% for management of GB
- this group buy will be refunded after Jan 1, 2014 if KNC Jupiter is not delivered, and KNC refunds payments
- shareholders can elect to wait further, or shareholders not willing to wait can sell their shares to existing KNCminer Group Buy shareholders

Miscellaneous:

- once Jupiters are delivered and mining shareholders can sell their shares to shareholders outside of original KNCminer Jupiter Group Buy
- shareholders can sell their shares before KNC Jupiters are delivered to buyers outside of original Group Buy but will be charged a one time .1 BTC charge for name transfer
- at my discretion I can suggest to sell KNC Jupiter at any time and majority vote by shareholders can decide to sell or not. Sale proceeds will distributed on a prorated share basis
- I (soniq) will not be responsible if KNC Jupiters do not hash at advertised rate of 400 GH/s
- Jupiter's in this GB are not guaranteed first order delivery in September, conversation with KNC estimates October delivery





Why should I trust you?

- 100% positive feedback at eBay since 2002 http://myworld.ebay.ca/buglebarn/
- have done some transactions on this forum ( do a profile search, or I can PM )
- do not risk more than you can afford to lose, BTC and BTC mining preorders are high risk
- identity verified by John K https://bitcointalk.org/index.php?topic=226319.msg2404012#msg2404012
- organized a successful GB https://bitcointalk.org/index.php?topic=226319.0
- and here https://bitcointalk.org/index.php?topic=242878.msg2577450#msg2577450
- Someone asked earlier how many GH/s does each share buy?  At todays rate each 2.25 BTC share buys 11GH/s



If I have forgotten anything or you require more info etc. Please feel free to ask/post in this thread.


Name             Payment address                                       Shares

Code:

anon		                                        30
hardinero007	1MTYRSbeuNeQmxTmMUs6tPFD1XFebS9vah	1
mm	        1DJs8HsrBEyHybQHzKdzuae3cWjopToNda	10
mm	        1DJs8HsrBEyHybQHzKdzuae3cWjopToNda	15
mm	        1DJs8HsrBEyHybQHzKdzuae3cWjopToNda	3
hardinero007	1MTYRSbeuNeQmxTmMUs6tPFD1XFebS9vah	1
GreenDefender	1MWYC5YfgmQAuGZPTowT9NM8dpxhnkY3ZR	2 
gtdevo	        17TW6zVDN1eF2yUXssyM4AVVb2VuWoDPwv	14
clementina	15qVTEySA835z8XY1mLUnDM8BDjP3Ao4dH	1
MM    	        1DJs8HsrBEyHybQHzKdzuae3cWjopToNda	13
jaycuse	        1Nudq9xN4UK92Ts3fpGZXd3amTStnPKt6W	5 
wedgy2k	        14bqtcJo9zFmwgvePh8CNrKqHwkEtsoogN	3 
dawie	        1A5wVw3jThtjVhXpDN6fX85nxrwtucywBe	1
Kushedout	12hv7UcFgrBWLjWs5McPYP63Yza6ufT6Sw	4
nobunga	        1FNHQXJofCJKdZXhf5A3FNrNoXenn2x7mS	1
mm	        1DJs8HsrBEyHybQHzKdzuae3cWjopToNda	22 
GreenDefender	1G4gDC56KPeEXi7CmRZ2yaAD5utnM35No4	2 
joele	        1JME1dvN2zAAgXhXPnWSWFGQ4Z1iHALFj9	2 
bananton	1HgxN45Bm7AokXZUqTdFkhUr1QGRGxYD4d	5 
mm	        1DJs8HsrBEyHybQHzKdzuae3cWjopToNda	10
elreyleon	1FUyV1sBd14NsrS1aDBxBCKSbBiUUercBz	5

* waiting for confirmation and or waiting for next buy

Here is the latest newsletter from KNC bumping their KNC Jupiter to 400 GH/s
https://www.kncminer.com/news/news-22

Some other related KNC news updates

- https://www.kncminer.com/news/news-24
- https://www.kncminer.com/news/news-25

If you havnt already download Bit Message, will be using this for contacting shareholders about updates, payments and trading shares

Will also create an informal Skype group for casual conversation amongst shareholders

[soniq]

this GB will be listed and merged with original GB when the Jupiters ships, and is added to mining coop.

The original shares can be purchased tomorrow at 10am MST  with ticker SNQ.CoinI or SNQ.CoinII for 2nd GB

[soniq]

have listed original shares at  Bitfunder under asset SNQ.CoinI and SNQ.CoinII and have jumped in price today

[ewibit]

delivery date of this GB first day?

[maqifrnswa]

Are each of these purchased as their shares are sold or all 5 at the same time (after all shares are purchased?)

[soniq]

delivery date of this GB first day?

not first day delivery

[soniq]

Are each of these purchased as their shares are sold or all 5 at the same time (after all shares are purchased?)

each one purchased as 30 shares are sold

[joele]

Sold out all?

Are you planning to offer a new group buy?

[soniq]

Sold out all?

Are you planning to offer a new group buy?

No shares have sold yet on any of these , 30/30 left

[dbasql]

Soniq

"management fees are 2% of BTC mined after expenses are deducted.(expenses include but are not limited to, hosting, repairs, shipping, taxes)"

Do you have any indication of what these fees will be? Specifically the ones that are monthly recurring such as the KNC hosting fee?

[soniq]

Soniq

"management fees are 2% of BTC mined after expenses are deducted.(expenses include but are not limited to, hosting, repairs, shipping, taxes)"

Do you have any indication of what these fees will be? Specifically the ones that are monthly recurring such as the KNC hosting fee?

Hi, yes hosting with KNC will be $350 a month divided by 30 shares, so $11.67 per share for hosting per month

[abuelau]

Soniq,

What's the estimated delivery date for these? Would the shares be listed in Bitfunder under the same ticker as the existing ones, or under a different ticker?

[soniq]

Soniq,

What's the estimated delivery date for these? Would the shares be listed in Bitfunder under the same ticker as the existing ones, or under a different ticker?

KNC establishes delivery date,  I have confirmed so should be within first week

Will be listed under a different ticker

[abuelau]

Have you already purchased these servers or are you going to once people pay?

[joele]

How come nobody is buying this offer?

[nemercry]

How come nobody is buying this offer?

Looks like that the market capacity is at its current end.
All people at the board invested their money in mining hardware from different companies.
Everyones waiting now to get some reward

[soniq]

share price lowered to 2.4 to reflect current BTC/USD exchange rate

3rd GB delivery date is 2nd day

Cheers

[coinedabit]

am i too late to get in?

[hardinero007]

am i too late to get in?

its not too late considering miners for this groupbuy will have day 2 delivery, which is very good.  boss sonic, can you confirm this?

[soniq]

am i too late to get in?

not to late yet, have some 2nd day delivery slots left yet, but should be gone soon

Cheers