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Author Topic: [Groupbuy] [UK] Neptune KNC Miner (0/10 shares) [CLOSED]  (Read 7797 times)
Mogumodz (OP)
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November 26, 2013, 04:47:41 PM
Last edit: November 28, 2013, 05:02:34 AM by Mogumodz
 #1

UK Group Buy SHARES REMAINING 0/10 @ 1.6 BTC each For Neptune 3000 GH/s Purchase

0 SHARES LEFT [CLOSED]
 
All shares are 1.6 BTC each to allow for market changes. This group buy needs 0 remaining shares at 1.6 BTC each to be sold to purchase a preorder for 1 Neptune 3000GH/s out of a limited 1200 batch from KNCMiner for previous customers. If these 9 shares at 1.6 BTC each are purchased, every share will payout 1/10th of the expected hashrate in BTC of the 3000GH/s miner. 3000 divided by 10 equals a theoretical hashrate of 300 GH/s per share!

Previous Group buy here : https://bitcointalk.org/index.php?topic=247544.0
 
This group buy is intended to let my friends and forum members take part in the opportunity to purchase cheap hash-rate through the recently launched KNC Miner (https://www.kncminer.com) company located in Stockholm, Sweden. The unit that the shares relate to is the KNC Neptune now advertised for 3000 GH/s for registered customers (https://www.kncminer.com/products/neptune-first-batch) with expected delivery in Q1/Q2 2014.  

These items will be on sale for two weeks at this price or until it has sold out whichever comes first, other batches will be released later to non-existing customers at a higher price.
 
I have structured the purchase so that members wanting to get access to the exceptionally cheap hash rate/GH that the Neptune offers can secure hash rate from one of the machines without spending ~BTC10 for a purchase.
 
OFFERING DETAILS:
 - 9 shares of 1.6 BTC each are available.
- Each share entitles the owner to 1/10th of the BTC proceeds from a KNC Miner Neptune mining 24/7 for 18 months or when mining becomes unprofitable*
- Payments will be made to the address of the shareholders weekly.
- 1 share will be owned by OP as payment for hosting/power/maintenance of the miner.
- After 18 months or when the miner becomes unprofitable it 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 18 months)

IN CASE OF NON DELIVERY: I take no responsibility for the possibility that KNC Miner does not deliver the miner. I 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.

IN CASE OF HARDWARE FAILURE:
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:
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 we shall then attempt to seek funds returned from KNC to disperse them among the shareholders minus the escrow handling fee. We cannot guarantee this however.

TO PURCHASE SHARES:
 
- Send 1.6 BTC per share to address: 1LxVM4Bh1VyMUgRfkEAm5eFnsfYmUjDf7J
- 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 pay outs for your share ownership and if you request change of pay out 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.

CHECK the below spreadsheet for the share list and future payment info.
Share Spreadsheet - https://docs.google.com/spreadsheet/ccc?key=0AtKA96zDIqwXdDdFVjZzeXBBVkRHcGI5Ymc3TXBZVXc#gid=0

HOW TO SIGN:
https://bitcointalk.org/index.php?topic=179769.msg1922342#msg1922342
 
If I have forgotten anything or you require more info etc. Please feel free to ask/post in this thread.
 
Should the Group Buy not sell all 9 shares within time I reserve the right to refund all shareholders their purchase price -0.1% handling fees for transaction costs and managing the group buy funds.

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Mogumodz (OP)
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November 26, 2013, 05:30:31 PM
 #2

One share reserved.

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fragout
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November 26, 2013, 08:28:43 PM
 #3

kinda interested, but isnt 1.6 a tad expensive considering the latest big jump in BTC price
mistermint
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November 26, 2013, 08:38:09 PM
 #4

Definitely interested if I can get coin together before shares sell out.
Mogumodz (OP)
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November 26, 2013, 09:50:44 PM
 #5

kinda interested, but isnt 1.6 a tad expensive considering the latest big jump in BTC price

Got to love the UK VAT.



When I quickly wrote up the thread for 1.6 x 9 = 14.4 BTC that was nearly enough to order. (needed 14.5) when I posted this thread.

If we end up filling the order with any BTC left over, it will be divided and given back as a sendmany payment.

Definitely interested if I can get coin together before shares sell out.

Good to hear mistermint, will keep an eye out for your messages.

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November 27, 2013, 01:06:13 AM
 #6

Just payed for 3 Shares.

TXID: 52386059a265be9e9b1e06fb933c767034181f2b5b2ef9f48dab5a50256fe0cb

my first major investment in a BTC Mining Operation Smiley
Mogumodz (OP)
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November 27, 2013, 01:11:14 AM
 #7

Just payed for 3 Shares.

TXID: 52386059a265be9e9b1e06fb933c767034181f2b5b2ef9f48dab5a50256fe0cb

my first major investment in a BTC Mining Operation Smiley

3 Confs, I will get onto making a spreadsheet asap so everything can be tracked like my last group buy if you had a chance to check it out.

Welcome to the group Smiley

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Wonderbar
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November 27, 2013, 01:16:53 AM
 #8

Just payed for 3 Shares.

TXID: 52386059a265be9e9b1e06fb933c767034181f2b5b2ef9f48dab5a50256fe0cb

my first major investment in a BTC Mining Operation Smiley

3 Confs, I will get onto making a spreadsheet asap so everything can be tracked like my last group buy if you had a chance to check it out.

yes i checked the thread, thanks for the fast response!
Pretty bursty blocks Smiley 3 Blocks in 1 minute!

A Spreadsheet would be nice! Hope the ~Thash will be profitable next year. My 7 Ghash BFL shipped after 6 Month and overpayed for itself like 20x. So i am confident that one will work aswell Smiley (20nm is a big + in terms of overall performance and others won´t match this easily due to very high cost of masks / development process)
Mogumodz (OP)
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November 27, 2013, 01:45:46 AM
 #9

Just payed for 3 Shares.

TXID: 52386059a265be9e9b1e06fb933c767034181f2b5b2ef9f48dab5a50256fe0cb

my first major investment in a BTC Mining Operation Smiley

3 Confs, I will get onto making a spreadsheet asap so everything can be tracked like my last group buy if you had a chance to check it out.

yes i checked the thread, thanks for the fast response!
Pretty bursty blocks Smiley 3 Blocks in 1 minute!

A Spreadsheet would be nice! Hope the ~Thash will be profitable next year. My 7 Ghash BFL shipped after 6 Month and overpayed for itself like 20x. So i am confident that one will work aswell Smiley (20nm is a big + in terms of overall performance and others won´t match this easily due to very high cost of masks / development process)

You're lucky, I still have a friend waiting for a 5GH unit (not sure if his is upgraded to 7 or what)

KNC did us ok by the last buy group, they shipped it one day after 15th (when we ordered that was the deadline of all shipped devices)

Happy to have you on board.

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kerneloops
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November 27, 2013, 02:38:17 PM
 #10

Aww f**k it, go big or go home, right?

Bought 3 shares,

Tx ID: 94d930b3d51fb165985ea83e12de91652d549baf14f8b441e1a48e93a68551b9

kernel
(TAH from previous buy)
Mogumodz (OP)
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November 27, 2013, 04:14:25 PM
 #11

Aww f**k it, go big or go home, right?

Bought 3 shares,

Tx ID: 94d930b3d51fb165985ea83e12de91652d549baf14f8b441e1a48e93a68551b9

kernel
(TAH from previous buy)

lol, Oddly I've been saying that Go big or go home recently also.

Nice to have you back on board for GB 2 kerneloops.

2 Shares left everyone. The reserved shares are now first come first paid for at this rate.

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johncabat
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November 27, 2013, 07:08:36 PM
 #12

OK what the hell, time to go all in myself!

Payment sent for those last 2 shares.

Transaction ID: 6fab20780354f1947573ea40f7928dfb19452c9b8c678c71ae7b504a31fc9ea5
johncabat
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November 30, 2013, 09:13:34 AM
 #13

Hey Mogu,  Any news on getting our order in  Grin? Thanks
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December 07, 2013, 10:18:37 AM
 #14

Gone a bit quiet round here! I really do hope we got our order in whilst BTC was staying around 900-1000USD as it's bombing down to 650 today.

Would really appreciate an update on this GB please  Smiley
Mogumodz (OP)
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March 05, 2014, 01:59:31 PM
 #15

Gone a bit quiet round here! I really do hope we got our order in whilst BTC was staying around 900-1000USD as it's bombing down to 650 today.

Would really appreciate an update on this GB please  Smiley


https://www.kncminer.com/news/news-78

STOCKHOLM, SWEDEN — March 5, 2014

"KnC, the most trusted brand in Bitcoin Mining is announcing they have completed ‘tape out’ of their new ASIC."

Soon TM

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Mogumodz (OP)
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April 28, 2014, 11:54:12 PM
 #16

UPDATE

https://www.kncminer.com/news/news-87

STOCKHOLM, DATE, 2014 April 28

KnCMiner Offers Two-for-One Deal on Bitcoin Mining’s Most Powerful Machine to Loyal Customers

KnCMiner (https://www.kncminer.com/), the most trusted brand in Bitcoin mining, announced today that it will give every current customer who has an outstanding order for a machine from its Neptune line’s first two batches a free Neptune from its upcoming “third batch” of Neptunes. This represents a $5,995 value and, perhaps more importantly, will provide KnCMiner’s most loyal customers with twice the hashing power they would have otherwise received with just one of these machines.

“We know that it is getting tougher to successfully mine in this environment and we want our customers to have every advantage we can give them,” said KnCMiner CEO Sam Cole. “So to combat the downward trend in mining returns for the customers who have been with us right from the beginning, and to show our competition we mean business, we will be over-delivering again on all orders.”

Neptune is KnCMiner’s first 20nm product. It features a minimum of 3,000 GH/s (aka 3 TH/s) of hashing speed, five times faster than the company’s most recent bestselling miner, the Jupiter. It also boasts a 30 percent reduction in watts-per-GH. Thanks to KnCMiner’s offer, each customer who ordered a first or second batch Neptune, will get a minimum 6TH for each order, with their original 3TH product shipped in June and the free “third batch” machine delivered in August.

“As miners face growing competition, and the increasing difficulty to mine Bitcoin, we will keep working on creative and unorthodox ways to put the best and most loyal customers on the planet first and provide them with the competitive edge they’ve come to expect from KnCMiner,” said Cole.

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kerneloops
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August 11, 2014, 04:09:29 AM
 #17

Anyone gotten a payout from this one? Or since no one's asking, I'm the sucker (again)?
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