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Author Topic: (open) UK Hosted group Buy KNC Jupiter  (Read 532 times)
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July 25, 2013, 12:36:26 PM

UK Group Buy SHARES REMAINING 100/100 @ 0.9 BTC each

Expected Delivery is October according to KNC.
All shares are 0.9 BTC each to allow for the very volatile market and import fees. This group buy needs 100 remaining shares at 0.8 BTC each to be sold to purchase a preorder for a Mercury 400GH/s from KNCMiner. If these 100 shares at 0.8 BTC each are purchased, every share will payout 1/110th of the expected hashrate in BTC of the 400GH/s miner for a theoretical hashrate of around  3.6 GH/s per share (around 11x that of a USB erupter miner) If the demand is high enough multiple units can be purchased.
This group buy is intended to let new forum members take part in the opportunity to purchase cheap hash-rate for a low price. At only 0.8BTC per share it gives more people the chance to buy as most other group buys have larger share prices. It also allows people who have invested in shares elsewhere to spread their assets around.

- 100 shares of 0.8 BTC each are available.
- There are no upper or lower limits on the amount of shares you can buy.
- Each share entitles the owner to 1/110th of the BTC proceeds from a KNC Miner Jupiter mining 24/7 for 24 months*
- Payments will be made to the address of the shareholders at the end of each month.
- 10 shares will be owned by OP as payment for hosting/power/maintenance of the miner.
- After 24 months the miner will be considered 'spent' and become the property of OP.
(*Miner breaking after 12 month warranty, random acts of nature like house burns down etc, internet downtime, not covered in 24/7 for 24 months)

IN CASE OF NON DELIVERY: I take no responsibility for the possibility that KNC Miner does not deliver the miner. You can never 100% guarantee anything when it comes to pre-orders. I will attempt to get any refunds from KNC if this does happen and will split out whatever is recovered (if anything)

In case of hardware failure we will have KNC repair or replace the machine. Any costs involved will be deducted from payment as costs.

Refunds will be available until the order had been placed. After this point a refund will only be available if KNC does not deliver and any money is recovered from KNC.

Send 0.8 BTC per share to: 1EqkJi2Bzh4YsfarBDYCR2Y3uyyRhLYsHx

Please sign your messages

Any questions please feel free to ask/post in this thread. If you feel uncomfortable with this then you may PM me.
Should the Group Buy not sell all 100 shares within time I reserve the right to refund all shareholders their purchase price.

If the price of BTC should be over $100 at the time of preorder of the Jupiter then any reaming BTC will be added to the first dividend.
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