Bitcoin Forum
September 21, 2019, 04:37:44 PM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: [Auction] 10 Mining Shares of a KNC Jup  (Read 1594 times)
TheJuice
Hero Member
*****
Offline Offline

Activity: 616
Merit: 501


View Profile
November 21, 2013, 01:25:37 AM
 #1

Friends,

I have purchased a November delivery of a KNC Jupiter Miner. As insurance against a rapidly rising difficulty I have decided to sell off 200 Ghash worth (20 Ghash per share) of mining power for 45 days.

PLEASE READ FOR EXACT DETAILS AS THIS IS SLIGHTLY DIFFERENT THAN MOST CONTRACTS.

Each share represents 20 Ghash of mining power, regardless of how much the Jupiter actually produces as long as it is > 400 Ghash. If the miner is < 400 Ghash I reserve the right to RMA it OR make each share worth 5% of total Ghash.

This is in case KNC delivers a terrible produce of say 300 ghash model (very unlikely).

The mining contract will start upon delivery, setting it up and hashing on a pool. It will last for exactly 45 days from the start of mining. If there is significant downtime > 1 day, this time will be added on to the 45 days.

As of now I plan to mine on ghash.io and will set your address as a shareholder, thus you will receive nearly continuous payments. However, given the changing landscape I reserve the right to change pools at anytime. In the case of pool switching, divs will be paid @ 15, 30 and 45 days.

And finally TheJuice's guarantee:

If you do not make a profit on this investment I will refund you 50% of your loss. Meaning if you pay 1 BTC and after 45 days you only make back .6 BTC, I will send you .2 BTCs. In the case on non-delivery I will refund 50% of your loss (remember I will have taken a big loss as well).

There is NO electricity fee. There is NO maintenance fee. This is pure 20 Ghash per share for 45 days with a mining guarantee.

Starting BID: 0.1 BTC per share
Increase: 0.01 BTC per BID
Reserve: 0.6 BTC per share (if highest bids are lower than reserve we will have a discussion and I'm still likely to sell).

I am open to escrow: The proposed terms would be it's held by escrow until either proof of miner being delivered or proof/public knowledge that KNC didn't ship. Buyer pays all fees.

FAQ:

Why only 45 days? With increasing difficulty most miners make the bulk of their profit in the first month. Having been part of many group buys, there is never an end game. 45 days allows a majority of the profit to be made, while also allowing shares to be purchased for cheap. In addition, I don't want this responsibility for ever!

Can I transfer shares: I will allow free share transfer. However upon transfer TheJuice's guarantee is NULL and VOID (it will be a pain to try and figure out how much to owe everyone).

The AUCTION will end in 5 days. Any additional bids will extend the bidding period by 1 hour.


Looking forward to a profitable endeavor.
1569083864
Hero Member
*
Offline Offline

Posts: 1569083864

View Profile Personal Message (Offline)

Ignore
1569083864
Reply with quote  #2

1569083864
Report to moderator
1569083864
Hero Member
*
Offline Offline

Posts: 1569083864

View Profile Personal Message (Offline)

Ignore
1569083864
Reply with quote  #2

1569083864
Report to moderator
1569083864
Hero Member
*
Offline Offline

Posts: 1569083864

View Profile Personal Message (Offline)

Ignore
1569083864
Reply with quote  #2

1569083864
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1569083864
Hero Member
*
Offline Offline

Posts: 1569083864

View Profile Personal Message (Offline)

Ignore
1569083864
Reply with quote  #2

1569083864
Report to moderator
damiano
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


103 days, 21 hours and 10 minutes.


View Profile
November 21, 2013, 03:20:36 AM
 #2

5 @ .1BTC
furuknap
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250

http://coin.furuknap.net/


View Profile WWW
November 21, 2013, 06:32:32 AM
 #3

20@.11

furuknap
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250

http://coin.furuknap.net/


View Profile WWW
November 21, 2013, 06:33:52 AM
 #4

20@.11

Bah, fat-fingered, I did, of course, mean
10@0.11
(as far as I understood it, you're only offering 10 shares)

.b

HotSwap
Hero Member
*****
Offline Offline

Activity: 807
Merit: 1000


COINMIXER.NET


View Profile
November 21, 2013, 06:34:49 AM
 #5

10@0.12

High Volume, Secure Bitcoin Mixer: https://CoinMixer.net
furuknap
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250

http://coin.furuknap.net/


View Profile WWW
November 21, 2013, 06:39:28 AM
 #6

10@0.13

damiano
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


103 days, 21 hours and 10 minutes.


View Profile
November 21, 2013, 02:34:01 PM
 #7

10@ .14
TheJuice
Hero Member
*****
Offline Offline

Activity: 616
Merit: 501


View Profile
November 22, 2013, 05:04:21 AM
 #8

20@.11

I know this is a great deal, bu someone got a little eager. Yes only 10 shares (at 20 ghash each) are up for sale!
wickedsick
Sr. Member
****
Offline Offline

Activity: 467
Merit: 250


View Profile
November 22, 2013, 09:17:33 AM
 #9

5@ 0.14
jski
Member
**
Offline Offline

Activity: 97
Merit: 10


View Profile
November 22, 2013, 05:19:39 PM
 #10

5@ 0.15
damiano
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


103 days, 21 hours and 10 minutes.


View Profile
November 22, 2013, 05:34:22 PM
 #11

10@.16
albon
Sr. Member
****
Offline Offline

Activity: 588
Merit: 250


CurioInvest [IEO Live]


View Profile
November 23, 2013, 04:30:38 PM
 #12

have you recived the machine yet?































                       ░▒▒▒▒▒▒▒▒▒▒▒▒▒░░                                         
              ░░▒▓▓███▓▓░░████████████████▓░                                   
          ░▓▓▓▒██████████░ ███████████████████▒                                 
       ░▓██▒░  ███████████▓ ▒███████████████████▓▓▓▓▓████▓▓                     
  ▒▓▓▓██▒     ████████   ▒██░ ██████████▓▒░      █████████████████▓▓▒░         
 ▓█▒░░        ▒▒▓▓▓▓▓▓  ░▒███░ ▓▓▓▒░░   ░░▒▒▓▓███▓▓▓▓▓▓▒▒       ░▒▓███████▓▒░   
 █                                               ░▒▒▓▓██████████▓▒░░░▒▓██████▓█
 █▒  ▒▓▓▒░▒▓█▓▓▓▒▒▒▒░░                                    ░▒▓▓████████▓▓▒░   ▒█
 ░█ ▒████▓  ▒▒░▒▒▓▓▓▓██████████▓▓▓▒▒▒░                            ░▒      ░▓██ 
  ▒███▒▓▓██  ░              ▒░░█████▓▓▓▓██▓▓▒▒▒▒▓▓▓▓▓▒▒░░          ░░ ▓██████▓▓▒
    ▓█▓▓▒▓█▓ ▒              ▒▒▓███  ███████████▓▓█▓░░▒▒░░░  ▓███████▓████████ ▓█
     ░█  ▓██▓▒░░▒▓▓▓▓▓████████▓░   ████▒▒▓▓▓▓██████      ░ ████████▒█████▓▒  ▒█
      ▓▓▓▓████▓▒░░                ▒███ ░███▓█▓▓████░    ▓ ████████▓▓█▓▒    ▓▓▓ 
      ░▓█████▓▒▓██████▓▒░         ▒██▓ ██▒  ██▓▓████    ▒  ░            ▒██▒   
        ░▒         ░▒▓█████████▓▒  ██▒ █▓    ██▒█████    ▒▒▒░░░▒░░░█▓▒▓██▓     
                          ░▒▓█████████ ██    ▓█▒█████▓             ░▓██▓       
                                  ░▒▓█▓ ██ ░▒██░██████▓  ▒▒▒░   ▒▓███▒         
                                      █▓▒▓████░▓████▓ ▓▓▓██████████░           
                                       ▓█▓▓▓▓▓█████▓          ░▒▒               
                                         ▒▓▓██▓▒░                               
                                                                               
|
|

█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ███████████▀     ██ ██
██ ██████████▌   ▄▄▄██ ██
██ ██████████   ██████ ██
██ ███████          ██ ██
██ ███████▄▄▄   ▄▄▄▄██ ██
██ ██████████   ██████ ██
██ ██████████   ██████ ██
██ ██████████   ██████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ █████████████▀█████ ██
██ ███ ▀█████▀      ▀█ ██
██ ███     ▀▀      ▐██ ██
██ ███▌            ███ ██
██ ████▌          ▄███ ██
██ ██████       ▄█████ ██
██ ████▄▄▄▄▄▄▄████████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

█████████████████████████
██ ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ██
██ ████████████▀▀▀████ ██
██ ████████▀▀     ████ ██
██ █████▀    ▄▀  ▐████ ██
██ ██▀     ▄▀    ▐████ ██
██ ████▄▄ █▀     █████ ██
██ ██████ ▄▄█   ▐█████ ██
██ ████████████ ██████ ██
██ ███████████████████ ██
██▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄██
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
|
Whitepaper
Ann Thread
Bounty Thread
TheJuice
Hero Member
*****
Offline Offline

Activity: 616
Merit: 501


View Profile
November 23, 2013, 08:14:21 PM
 #13

have you recived the machine yet?

Nope. KNC said all miners should ship in November. From the news threat it looks like next tuesday the 26th is when the first miners should be finished. I'd expect shipping to start by the end of the week. I'm hoping for an end of the first week of december delivery. But again, there is no guarantee.
wickedsick
Sr. Member
****
Offline Offline

Activity: 467
Merit: 250


View Profile
November 24, 2013, 05:36:06 PM
 #14

5@ 0.17
jski
Member
**
Offline Offline

Activity: 97
Merit: 10


View Profile
November 25, 2013, 01:08:29 AM
 #15

5@ 0.17
damiano
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


103 days, 21 hours and 10 minutes.


View Profile
November 25, 2013, 03:33:46 AM
 #16

10@.175
TheJuice
Hero Member
*****
Offline Offline

Activity: 616
Merit: 501


View Profile
November 25, 2013, 05:00:14 AM
 #17

update: it does appear that knc has received all parts and assembly is in full production. We should see the first miners go out in the next few days! Im now more hopeful Ill be hashing the first week of december.

remember to keep all bids atleast .01 higher.
damiano
Legendary
*
Offline Offline

Activity: 1246
Merit: 1000


103 days, 21 hours and 10 minutes.


View Profile
November 25, 2013, 05:24:42 AM
 #18

10@.18

Better now
wickedsick
Sr. Member
****
Offline Offline

Activity: 467
Merit: 250


View Profile
November 25, 2013, 07:34:22 AM
 #19

2 @ 0.2 BTC
EnJoyThis
Hero Member
*****
Offline Offline

Activity: 980
Merit: 1000


View Profile
November 25, 2013, 12:43:56 PM
 #20

How will you set 400Gh/s to be paid out on ghash.io they only support a shareholdership of a certain %.


1Ew9k5guAGb44Uz6rYfSVscgFBUcgDZp5C
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!