[Closed] KnCMiner Neptune(s) Shares GB6 .018 & 2.25 GH per share - Batch 2

[KnCMiningOp]

About:

KnCMiningOp is currently mining with 3 Jupiter's around 1.5TH/s and 47 members. We have a KnC Neptune on pre-order that was paid for with the re-investment fund this morning. There has been a ton of interest from existing group buy members and non members to buy additional shares in the group buy. As a result I have decided to open up additional shares with out diluting current shares in the below format.

You can check out our stats page here: http://54.243.221.120/ (Note on Jupiter 3's hash rate: 3/4 chip have been RMA'ed and are estimated to be back up and hashing by tomorrow Nov/27th.)

Investment info:

1000 shares total per Neptune:

750 shares public.
50 shares to myself for management.
200 shares being issued to the mining operation. These dividends are deposited into the re-investment fund and used to buy additional hardware.

For each 750 shares that are sold will represent a Neptune. So for example if there is enough interest that 1500 shares sell. 2 Neptune's will be bought, if 2250 shares sell 3 Neptune's and etc. Any remainder of shares will be refunded.

Dividends:

Get paid weekly on Saturdays.

Please note that these additional group buy shares will not start receiving a dividend until your unit is up and mining.

Reinvestment Fund Details:

I will use the way the pre-ordered Neptune will play into the existing shares/math:

Back in June-August I was able to get around 50 people to invest with me into 3 Jupiter's for a total of 1.5TH. There were 3000 shares sold back then so each share currently is worth around 500 MH/s when the Neptune that was paid for this morning will come online each share will be 1500 MH/s with out adding any shares. When the 2nd Neptune is added each share would be 1875 MH/s with adding 1000 shares. As each additional device is rolled into the existing pool the per share MH/s should increase. When another device is added with the reinvestment fund monies the MH/s per share will increase.

Costs:

One-Time Neptune: $10,200
Shelf & misc: $100
2 - 3 PSU: $400-600
Electric circuits installation: $500-$2,500

Weekly:
Miner estimated power usage: ~$60

Monthly:
Rent: $0
Internet: $0
Management Fee: $0

Future Plans:

Save profits and buy additional units.

Payment & Escrow:

Please setup your own escrow, I recommend blockchain.info or John K escrow.

Or the mining op address is: 1vsNpyK548ew789iKTXprsK2SKYvMyiXD

When you send your payment please pm me the txid, your dividend address and your email address.

Price per share is .016 .014 .018 BTC or $13.6 $18 USD.


FAQ:

Are the shares transferable?
Yes they are.

Can I pay with USD?
Yes I'll accept certain methods of payment via fiat. Please PM me to work out the details.

Can I pay with Paypal?
No, my Paypal account got shutdown for bitcoin activities that Paypal deemed too high risk. Even though not a single charge back has ever been filled against me.

Can I pay via Havelock, CryptoStock or Coinbase BTC transfer?
Yes you may. Please PM me for details.

What are the dividend expectations per share?
See the Dividend Yield Estimates sheet here: https://docs.google.com/spreadsheet/ccc?key=0ArPW9Lus2VT5dFpZbndNSXY0Y1RjTVFDQzlxUW1yS3c#gid=1

What happens if BTC drops in price by the time the miner(s) is paid for?
I will ask everyone to send in a little extra BTC per share. If you paid with cash you won't need to pay anything more.
You will also have the option for a refund if you don't want to send any more, less any fees.

Has this unit been ordered yet and/or when will this ship?
Yes it has been ordered and depending on when the order is paid for depends on when it will ship.

Any other questions please PM me.

[KnCMiningOp]

Myself 125
Lighteden 20
joeventura 150
bitcoinsucker1 10
Dr. Buzz 400
venom.oca 200-300
bluh5d 40
donnyc 10
albon 20
furuknap 250
madpoet 100
venom.oca buddies 1130

Around 2500 shares have been already been reserved. The order above is what will determine your place in which Neptune you are in and when your shares start receiving dividends.

Those of you that have made a reservation please send in your payment and PM your TxID.

Thanks,
George

[KnCMiningOp]

GB4 Paid:

Lord Stapy   8
Lighteden   9
ipxtreme     9
Travis S.   11
donnyc   11
kai11           22
bluh5d   25
railzand     28
crankmonkey 34
Dr. Buzz   40
venom.oca   76
madpoet   100
wintermute   199
Mining Op   200
erschiessen   228
 
Shares left: 0

GB5 Paid:

Lacutis   2
thok422   4
arnbrd   4
adam00f     5
grosbill   5
miner17    6
ipxtreme     8
michelDiz   9
012anna   10
Bill Bisco   10
Dr. Buzz   10
bitminer9000 10
westside8    10
Lighteden   11
Renan   14
publicstalker 19
shurkken   20
Bigdaddyaz   20
trilby          40
doctordig   47
kAUha   50
wintermute   50
The Rouge 1 51
railzand   60
11Blade   70
howardb    75
Maria         75
Nate           105
Mining Op   200


Shares left: 0

GB6 Paid:

GB4 Paid:

Lord Stapy   8
Lighteden   9
ipxtreme     9
Travis S.   11
donnyc   11
kai11           22
bluh5d   25
railzand     28
crankmonkey 34
Dr. Buzz   40
venom.oca   76
madpoet   100
wintermute   199
Mining Op   200
erschiessen   228
 
Shares left: 0

GB5 Paid:

Lacutis   2
thok422   4
arnbrd   4
adam00f     5
grosbill   5
miner17    6
ipxtreme     8
michelDiz   9
012anna   10
Bill Bisco   10
Dr. Buzz   10
bitminer9000 10
westside8    10
Lighteden   11
Renan   14
publicstalker 19
shurkken   20
Bigdaddyaz   20
trilby          40
doctordig   47
kAUha   50
wintermute   50
The Rouge 1 51
railzand   60
11Blade   70
howardb    75
Maria         75
Nate           105
Mining Op   200


Shares left: 0

GB6 Paid:

oedo808   9
hellaslubo   23
venom.oca   16
Lighteden   11
Lacutis   20
thisguy   160
tmu   40
Harderfaster   2
publicstalker   11
SteveHome   10
va23boam   23
Zeamar   10
miner17    6
tripppn   25
gamefixer   111
sebasimp   56
N[e]wBie   50
The Rouge 1   20
offbalance   1
addzz   10
CSInvestments   2
Yeos   10
Konnon   10
SosDk   30
billybeartku   25
pkbudz   13
arkitect   10
rd1   8
sconklin321   1
threatgreater   23
crackfoo   1
MrPalmer   2
wintemute   51
Mining Op   200

Shares left: 0

Edit: I'm going to keep editing this list with updates. Updated 1/4 11 PM CST

[crankmonkey]

so let me get this right as this would be my first group buy,


if i send my coins to 1vsNpyK548ew789iKTXprsK2SKYvMyiXD
then pm you the txid, my coin address for dividends and an email

then im good to go right?

[allinvain]

Whereabouts are you physically located? Do you have any details of your mining operation you can share?

[LordStapy]

paid for 2 shares, you have PM
please reserve me other 5 shares

[erschiessen]

Shares paid:
erschiessen 200
Travis S.   10
venom.oca 15

W00T!

[KnCMiningOp]

so let me get this right as this would be my first group buy,


if i send my coins to 1vsNpyK548ew789iKTXprsK2SKYvMyiXD
then pm you the txid, my coin address for dividends and an email

then im good to go right?

That is correct.

[KnCMiningOp]

Whereabouts are you physically located? Do you have any details of your mining operation you can share?

I'm around Chicago, IL.

Sure here you go:

GB1: https://bitcointalk.org/index.php?topic=243092.0;all
GB2: https://bitcointalk.org/index.php?topic=249820.0;all
GB3: https://bitcointalk.org/index.php?topic=252584.0;all

GB Stats: http://54.243.221.120/
Finances: https://docs.google.com/spreadsheet/ccc?key=0ArPW9Lus2VT5dFpZbndNSXY0Y1RjTVFDQzlxUW1yS3c&usp=drive_web#gid=7

Shares buying/selling thread: https://bitcointalk.org/index.php?topic=336900

[KnCMiningOp]

paid for 2 shares, you have PM
please reserve me other 5 shares

Got your payment and reserved.

[joeventura]

Whereabouts are you physically located? Do you have any details of your mining operation you can share?

I can personally vouch for the KNCMining Op, I have been a participant since inception,
Communications: Stellar
Record keeping: Excellent
Payments: On time, every time.

[madpoet]

Also offering my support, George has been a great communicator and the payments have rolled in on time every time.

[aoshea]

Also offering my support, George has been a great communicator and the payments have rolled in on time every time.

Just wanted to second this. George has been great! Although I am one of the smallest shareholders in the original 1-3 GB I always feel in the loop.

[Chef Ramsay]

Also offering my support, George has been a great communicator and the payments have rolled in on time every time.

Just wanted to second this. George has been great! Although I am one of the smallest shareholders in the original 1-3 GB I always feel in the loop.

Yep, George is Top Shelf managing these things. Dividends are always paid on time, he's a great help and he knows his shit.

[aoshea]

Also you may want to post to Mining/GroupBuys as well, I would have never thought to look here if it wasn't for the link.

[crankmonkey]

so let me get this right as this would be my first group buy,


if i send my coins to 1vsNpyK548ew789iKTXprsK2SKYvMyiXD
then pm you the txid, my coin address for dividends and an email

then im good to go right?

That is correct.

just purchased please confirm
thanks

[KnCMiningOp]

joeventura, madpoet, aoshea and Chef Ramsay thanks for the kind words.

[KnCMiningOp]

Also you may want to post to Mining/GroupBuys as well, I would have never thought to look here if it wasn't for the link.

Good idea!

[KnCMiningOp]

so let me get this right as this would be my first group buy,


if i send my coins to 1vsNpyK548ew789iKTXprsK2SKYvMyiXD
then pm you the txid, my coin address for dividends and an email

then im good to go right?

That is correct.

just purchased please confirm
thanks

Got it thanks.

[KnCMiningOp]

Also you may want to post to Mining/GroupBuys as well, I would have never thought to look here if it wasn't for the link.

Good idea!

Done: https://bitcointalk.org/index.php?topic=349648