GROUP BUY [KNC Neptune-DayONE] [.6 Per share Sold Out]

[lmontrose]

This Group Buy is for the Neptune 3,000 GHS KNC Miner.  The Neptune for this GROUP Buy has been paid.  It's one of the earliest orders and a DAY One order so we are sure to be one of the first to get the units.  My order number is 120XX so it's one of the early units.  Note: this is the unit from pre-public sales so it'll arrive 3-4 weeks before the ones on sale to the public.

The price per share has been lowered to .6 due to increased BTC price.

GROUP BUY 1 - SOLD OUT [Order Number 120xx]
GROUP BUY 2 - SOLD OUT
GROUP BUY 3 - SOLD OUT


I will be hosting the unit myself so the I added a little bit to the cost to include the fees I expect.  

This group buy is intended to let forum members take part in the opportunity to purchase cheap hash-rate through the recently launched KNC Miner Neptune(https://www.kncminer.com/products/neptune) company located in Stockholm, Sweden. The unit that the shares relate to is the KNC Neptune advertised for 3,000 GH/s (https://www.kncminer.com/).  

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 paying the full purchase price.  Each share you purchase will get you that percentage of what the Miner generates.  All utility and maintenance cost will be paid by me.

Offering:

- 32 shares of BTC .6 each are available.
- Each share is worth approximately 100 ghs of hashing power
- Each share entitles the owner to 1/32 of the BTC proceeds from a KNC Miner Neptune mining 24/7 for 20 months*, payment will be made to the address of the shareholders weekly. (* Miner breaking after 12 month warranty, random acts of nature like datacenter burns down etc.,internet downtime, not covered in 24/7 for 20 months(should not be a problem))

- After 20 months we will consider decommissioning the miner if it is no longer profitable to run.
- Also the group as a whole will have ownership of the unit.  During our group ownership, if an opportunity presents itself to sell the unit early, we will put it up for a vote.  If more than 60% agrees to sell the unit early.  We will sell and everyone will get their split according to the shares they own.   I personally feel this is the fairest deal and it’s what separates us from other offers.    

Provided by Groupbuy Host:

- The unit will be properly cooled at a temperature of 67 degrees 24/7.  The unit will also be connected to a UPS at all times to ensure there’s no electrical issues.  
- Electricity, UPS, Power supply and other material required to host the units.
- All hosting and support services will be handled by me.

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.

To purchase shares:

- Send BTC.6 per share to address: 17pKVXtwnNBhqSvuWQb3WAvQGdLUkHAzSm

- 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.

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

{Thanks to other previous groupbuys for allowing me to use your template}

[1714694410]

1714694410

[1714694410]

1714694410

[lmontrose]

Reserved.

[flexgroo]

hi, im up to about .7 btc if i get 1 share, can i keep buying shares every time i get .55 more btc? also do you know the expected delivery date?

thanks

[lmontrose]

If you'd like, I can reserve your additional shares up to a week if you do not have the full payment yet.  Let me how many you'd like to reserve.

hi, im up to about .7 btc if i get 1 share, can i keep buying shares every time i get .55 more btc? also do you know the expected delivery date?

thanks

[lmontrose]

KNC Miner says the delivery date is Early 2014.  They don't have a firm date yet. 

hi, im up to about .7 btc if i get 1 share, can i keep buying shares every time i get .55 more btc? also do you know the expected delivery date?

thanks

[MikeLear]

Is this the unit from the presales only to previous buyers or is this unit from the ones on sale now with the first batch to the general public??

[Tragter]

Can you please make a reservation of one for me?

[lmontrose]

Hello Tragter,

How many shares did you want reserved?

Can you please make a reservation of one for me?

[d4rr1n]

Is this the unit from the presales only to previous buyers or is this unit from the ones on sale now with the first batch to the general public??

A fair comment that I too am interested in.

[lmontrose]

Hi,

The unit is a Day one presales unit.  It's scheduled to arrive about a month earlier than the units on sale now.  So it's pre-first batch.


 

Is this the unit from the presales only to previous buyers or is this unit from the ones on sale now with the first batch to the general public??

A fair comment that I too am interested in.

[highwave]

Can you reserve one for me as well please ?

[lmontrose]

Okay 1 reserved.

Can you reserve one for me as well please ?

[lmontrose]

We're down to 30 shares left now.  Please include your email and transaction ID when you message me so I can contact you incase bitcointalk ever goes down.

[pharker]

reserve 10 for me.

[martinyin]

reserve 4 for me please, i will pay in 24 hours.

[lmontrose]

Will do.  Thanks for your interest.

reserve 4 for me please, i will pay in 24 hours.

[Ubachef]

Please, reserve also 10 shares for me. I'll pay in the evening.
regards

[tempestb]

Bought 1

TX ID:  5b35f98d20e289f60b804aafc8b1d4146105b233650846e8487ebed87d95ec64

Thanks

[RATM69]

Any shares left? I'd like to buy a few if so.
Thanks

[RATM69]

I'll take 2 shares

Sent 1.1 BTC from  1AqhBobkFS8F84cbPZ6KmJb1WYcYDtAbkS  for 2 shares

Tx. ID  637c616f8dd490295079a33df567028dffd4d71d99092abc3e3cac2a6c3477ca

Thanks

[nobunaga]

please reserve one share for me

[lmontrose]

Thanks for the order.  Can you message me the bitcoin payment address for the two shares.

I'll take 2 shares

Sent 1.1 BTC from  1AqhBobkFS8F84cbPZ6KmJb1WYcYDtAbkS  for 2 shares

Tx. ID  637c616f8dd490295079a33df567028dffd4d71d99092abc3e3cac2a6c3477ca

Thanks

[martinyin]

i've sent 2.2BTC to your address for 4 shares as I promised yesterday, thanks for the reservation.

Txid:bde52e9f552b10e4b718420f71a101e7ef2804c266e8b9b05feac6196640501b

My Address:13MdikLqotqfKecFpcuf7TJz9EPTXWVzgz

[lmontrose]

Thank you for your purchase.  We are now down to 17 shares available. 

i've sent 2.2BTC to your address for 4 shares as I promised yesterday, thanks for the reservation.

Txid:bde52e9f552b10e4b718420f71a101e7ef2804c266e8b9b05feac6196640501b

My Address:13MdikLqotqfKecFpcuf7TJz9EPTXWVzgz

[flexgroo]

i am still trying to figure out how to muy more btc to get this, lol... coinbase is holding my order for 6 days wtf...

[lmontrose]

Flex,

I can hold one share for you for the 6 days if you'd like. 

i am still trying to figure out how to muy more btc to get this, lol... coinbase is holding my order for 6 days wtf...

[lmontrose]

Only 17 shares left. 

[dgirard]

Hello!

I'm in for 1 share.

TXID:  937dd50668d79bf487820b29be847844e457e7d52ddba45af5f6bcdd3765ba9d

Thanks!

[RATM69]

I'll take 4 more shares

Sent 2.2 BTC from  1AqhBobkFS8F84cbPZ6KmJb1WYcYDtAbkS  for 4 shares

Tx. ID  16b6f51988a4245fab284aec41e476af15aa43750e58ba0e2b1506130fcd208f

[dspiel]

What pool will you be using to mine, will i have visibility into what hash rate it is currently producing? I'd like to reserve 1 spot but wanted to get some more information before I send you the bitcoin.

[lmontrose]

Will be using Btcguild.  It has graphs for days, weeks, month..etc so it's easy to track earnings.

What pool will you be using to mine, will i have visibility into what hash rate it is currently producing? I'd like to reserve 1 spot but wanted to get some more information before I send you the bitcoin.

[vleroybrown]

Payment address only has 12.1 in confirmed payment.   1 share for me  .55 
tx id db285c8fdae3d38ff023a96e49a1a0b3442a81ed7a8b8d35b5d0b2ff7945cef8

[lmontrose]

Okay thanks for signing up.  We're down to 10 shares available.

Payment address only has 12.1 in confirmed payment.   1 share for me  .55 
tx id db285c8fdae3d38ff023a96e49a1a0b3442a81ed7a8b8d35b5d0b2ff7945cef8

[vleroybrown]

  
Do you have a btcguild worker account to link to your stats?  Havnt been on that site before so not completely sure how it looks.  

[Local576]

Hi, Please reserve a share for me.  Banks closed here, will transfer Monday morning (Sunday your time).
Thanks!

[martinyin]

can i see your receipt from kncminer?

[alexout]

Purchased 10 shares .

txID https://blockchain.info/tx/89ef105b08ecda2abee27cf70469dcac4c7d27c229d064d667fd926aae890945

[lmontrose]

We're sold out for Group buy 1.  Please do not send any more BTC.  If we open a second group buy, I will post.

[martinyin]

hi lmontrose, i'm just doing my due diligence.

would you please post the receipt from kncminer for the miner you'd paid？

 

[alexout]

yes please post it.

Make us feel better about everything lol

[lmontrose]

Hi Guys,

These are the print screens.
http://postimg.org/image/s3wjeihih/
http://postimg.org/image/97g2jlh5f/

I will update you when there are any new news from Kncminer company.

yes please post it.

Make us feel better about everything lol

[alexout]

Hi Guys,

These are the print screens.
http://postimg.org/image/s3wjeihih/
http://postimg.org/image/97g2jlh5f/

I will update you when there are any new news from Kncminer company.

yes please post it.

Make us feel better about everything lol

Thanks a bunch. Cant wait to get started. Anywhere we can follow how much is being mined once we get started?

[Local576]

We're sold out for Group buy 1.  Please do not send any more BTC.  If we open a second group buy, I will post.

Hi Imontrose, thanks for the work on this.  I'm still able to send btc for one share when our banks open here?  Just wanted to confirm.  Thanks again!

[martinyin]

Hi Guys,

These are the print screens.
http://postimg.org/image/s3wjeihih/
http://postimg.org/image/97g2jlh5f/

I will update you when there are any new news from Kncminer company.

yes please post it.

Make us feel better about everything lol

thanks a lot! 

[Ubachef]

Hi Guys,

These are the print screens.
http://postimg.org/image/s3wjeihih/
http://postimg.org/image/97g2jlh5f/

Thanks a lot, I feel better 
Would you also please make a recap of how the shares are distributed among the buyers?

cheers
Ubachef

[HackaB321]

We're sold out for Group buy 1.  Please do not send any more BTC.  If we open a second group buy, I will post.

Hi

if so, please reserve a share for me (I'll get 0.55 BTC tomorrow) thanks

[lmontrose]

Hi, I just opened up a second unit for Group buy so there will be plenty of room to fill.
Thanks

We're sold out for Group buy 1.  Please do not send any more BTC.  If we open a second group buy, I will post.

Hi

if so, please reserve a share for me (I'll get 0.55 BTC tomorrow) thanks

[theprofileth]

Hi I would like to have a share reserved I have the btc split amongst multiple exchanges and I am setting up armory and you know how long that takes  
I will have it at tomorrow at the latest, will try to get it done by tonight.
Also are we solomining or pool mining because if pool mining I suggest Eligius, no fee and consistent payouts plus merged mining of namecoins  

[lmontrose]

Sure.  Please let me know when you send the btc.  Thank you

Hi I would like to have a share reserved I have the btc split amongst multiple exchanges and I am setting up armory and you know how long that takes  
I will have it at tomorrow at the latest, will try to get it done by tonight.
Also are we solomining or pool mining because if pool mining I suggest Eligius, no fee and consistent payouts plus merged mining of namecoins  

[theprofileth]

f00e2f7c191c50344cb751c08f5954e39000c386d5511cb3833c766577861b5c
I sent my 0.55 in for my share, thanks for waiting.

[flexgroo]

can i get 1 share please

[MagicMan187]

Paid 1.1 BTC for 2 Shares, txd id:

    621708fab172ca339968efe8c16a5b29ffde6b66122ffa3469f6be6f26647cbd
    
Please PM me with all additional details!

Thanks!

[bfxavier]

Could you reserve 1 share for me?

I'm in the process of cleaning a bunch of wallets, should come with the .55 BTC in 2 days or so.

Thank you very much!

[theprofileth]

doesnt help to say reserve or ask if any are left, someone just jumped in and bought the last two

Wrong, there are like 28 more to go for round 2 he just hasn't updated the amount remaining.

[flexgroo]

now sure what the transaction code is, but this looked like one... 3ffc7ca5acf4ed0d67ec5051a5e9917fe5e679af82844898ce5e12521e778d79

.55 sent

[lmontrose]

There's only 27 shares left on the Group buy 2.

[theprofileth]

There's only 27 shares left on the Group buy 2.

Shouldn't that be 26, given that there were 30 when I got one leaving 29, then MagicMan got 2 making 27, then flexgroo got one making 26

[lmontrose]

Actually down to 25.  One in reserve.  Thanks for the help. 

There's only 27 shares left on the Group buy 2.

Shouldn't that be 26, given that there were 30 when I got one leaving 29, then MagicMan got 2 making 27, then flexgroo got one making 26

[lmontrose]

There's still some Group 2 shares available.  I will hold one for you also.

Any more Group 2 shares available? If so, I will like to reserve one share.

[MagicMan187]

lmontrose, just to confirm, you have already paid for and ordered these right?, and we are just expecting delivery?

sorry, reread the top of the post!

[HackaB321]

There's still some Group 2 shares available.  I will hold one for you also.

Any more Group 2 shares available? If so, I will like to reserve one share.

please still reserve 1 share for me  if possible. btc will come in 2-3 days 

[lmontrose]

These units have been paid for on Nov. 26th, 2013.  They are part of the Group 1 Preorder group.  They will arrive 3 - 4 weeks before the units that were available to the general public.  These orders sold out in 2 days I believe.  The general public orders just sold out this weekend so it took those orders close to 2 weeks to sell out. 

lmontrose, just to confirm, you have already paid for and ordered these right?, and we are just expecting delivery?

[MagicMan187]

Great thanks,

Can you reserve me 1 more share?

I've got 2 paid for already, I want one more, I'm just trying to get the BTC together. 100% I'll take it!!

[N[e]wBie]

Please reserve 1 share for me! 

[ici_lemmy]

Can I reserve one share too please ?

[RATM69]

These units have been paid for on Nov. 26th, 2013.  They are part of the Group 1 Preorder group.  They will arrive 3 - 4 weeks before the units that were available to the general public.  These orders sold out in 2 days I believe.  The general public orders just sold out this weekend so it took those orders close to 2 weeks to sell out. 

lmontrose, just to confirm, you have already paid for and ordered these right?, and we are just expecting delivery?

Just out of curiousity how many pre-public units were sold in the 2 days?

[MagicMan187]

final 2 paid:

f212708176ac1f0acc3c6f93c5a6bda4642dbdcc469adb07944c1968d8acf4e5

So I have 4 shares in total with you 

[lmontrose]

There were a total of 1200 Units sold in the first batch according to Kncminer.

These units have been paid for on Nov. 26th, 2013.  They are part of the Group 1 Preorder group.  They will arrive 3 - 4 weeks before the units that were available to the general public.  These orders sold out in 2 days I believe.  The general public orders just sold out this weekend so it took those orders close to 2 weeks to sell out. 

lmontrose, just to confirm, you have already paid for and ordered these right?, and we are just expecting delivery?

Just out of curiousity how many pre-public units were sold in the 2 days?

[lmontrose]

Only 23 Shares left for Group buy 2.  Also if BTC prices continue to fall, the price per share will be moved up.

[theprofileth]

Only 23 Shares left for Group buy 2.  Also if BTC prices continue to fall, the price per share will be moved up.

Maybe you should consider splitting the shares, some people don't want to have to put in the whole .55 especially with other group buys being a bit cheaper (I think I saw one for 0.4 btc for the same amount of GH though I doubt it is a first day order)

[lmontrose]

I only want savvy investors.  Most would realize that having the unit a month earlier would almost double their profits.  Also less investors, less work in calculating the payout.  The second group buy will sell out soon.  I'm not too concern.  Besides I keep what's left for myself.  

Only 23 Shares left for Group buy 2.  Also if BTC prices continue to fall, the price per share will be moved up.

Maybe you should consider splitting the shares, some people don't want to have to put in the whole .55 especially with other group buys being a bit cheaper (I think I saw one for 0.4 btc for the same amount of GH though I doubt it is a first day order)

[astutiumRob]

GROUP BUY 2 - 30/32 Available [Order Number 126xx]

Are those last 2 still available ?

[lmontrose]

We still have shares available.  Please send me your TXid once you submit payment.

Thanks

GROUP BUY 2 - 30/32 Available [Order Number 126xx]

Are those last 2 still available ?

[Local576]

BTC-E is holding my coins for 42 hours bc I changed my password 
I've been trying to buy a share from you for days now, very frustrating.  Can you please hold one for me and update the Shares Available count.  I have sent a small donation / deposit for the trouble ( it was the best I could do for now)
TXID 3c5eee4fbc198e24b3a623617b1c1b3e31734dfdf5a25e778b911da43ca6a630

Thanks 

[astutiumRob]

We still have shares available.  Please send me your TXid once you submit payment.

tx: bcce12fc55204c25a60a5fa0313a0d61b4f11550d750979965321aa33e98e15e
details PM'd

[MagicMan187]

Only 23 Shares left for Group buy 2.  Also if BTC prices continue to fall, the price per share will be moved up.

Does this price increase effect people who have already bought shares?
Or just only any additional shares bought from now?

[lmontrose]

Hi Local576,

A tip is not necessary.  I will hold one share for you in Groupbuy 2.  Please let me know when you are able to transfer.

BTC-E is holding my coins for 42 hours bc I changed my password 
I've been trying to buy a share from you for days now, very frustrating.  Can you please hold one for me and update the Shares Available count.  I have sent a small donation / deposit for the trouble ( it was the best I could do for now)
TXID 3c5eee4fbc198e24b3a623617b1c1b3e31734dfdf5a25e778b911da43ca6a630

Thanks 

[lmontrose]

If there's a price increase, there it will not affect previous buyers.  Only new buyers will pay the new price. 

Only 23 Shares left for Group buy 2.  Also if BTC prices continue to fall, the price per share will be moved up.

Does this price increase effect people who have already bought shares?
Or just only any additional shares bought from now?

[lmontrose]

Down to 18 shares left in Group buy 2.

[flexgroo]

hmm, looks like i am going to get some more, will let you know soon, maybe 2 more

[MagicMan187]

Can I request we use eligius pool to mine? BTC Guild fee seems expensive, and I think we could save a bit here (Perhaps use BTC Guild as a backup?)

Eligius pool is 0% fee, and merged mining with name coins. Would you consider thinking about this change?

[lmontrose]

Sure, I don't mind using Eligius. We can use btcguild as a backup in case the first fails.

 

Can I request we use eligius pool to mine? BTC Guild fee seems expensive, and I think we could save a bit here (Perhaps use BTC Guild as a backup?)

Eligius pool is 0% fee, and merged mining with name coins. Would you consider thinking about this change?

[MagicMan187]

Great!.. Only if other share's agree tho, It was just an idea!

Sure, I don't mind using Eligius. We can use btcguild as a backup in case the first fails.

 

Can I request we use eligius pool to mine? BTC Guild fee seems expensive, and I think we could save a bit here (Perhaps use BTC Guild as a backup?)

Eligius pool is 0% fee, and merged mining with name coins. Would you consider thinking about this change?

[HackaB321]

Here I am...bought 1 share

Txid 3d3e80451a8207e0a7ea848e423f45a6bdaf301122639db9eaf1ff30494f79ed

Thanks  

[RATM69]

I would like 3 shares in Group 2 please

sent 1.65 BTC from  1AqhBobkFS8F84cbPZ6KmJb1WYcYDtAbkS  for 3 shares

Tx. ID  9ea2c114b7c9958cdfe3815d73b5de8a8365325291e9260aa86df22f92546fd6

Thanks

[ici_lemmy]

Sent 0,55BTC for 1 share.
https://blockchain.info/tx/4d5af4a18efc9416b8640d612a88e20a5a9a1f0114e38b9530fe699b6dff685f

Please pay div to 12WczymrT6mcUBRGtcH3rURNC7KSmVCDVZ

[lmontrose]

13 Shares left.  A few are on reserve.

[flexgroo]

Hey speaking of using a new pool, will i have to sigh up for that pool? also you say it mines other coins at the same time, i guess i will need to make different wallets now for different coins?

Sorry still new and its all a fun learning experience

Thanks

p.s. if say i bought one of these 3 th/s miners, and started it at home, how reliable are they? as in crashing, heat, reboots...   I would be gone a lot working overseas, would the smart wife of mine know what to do if say, we lost power, or it had to be rebooted

[astutiumRob]

Sure, I don't mind using Eligius. We can use btcguild as a backup in case the first fails.

Or do something 'clever' and add 1 pool per share on each miner, and set it for load-balance mode

Then you could let each shareholder mine 1/nth directly to their own preference

[lmontrose]

The Miner is designed to be plug and play into the network, until something goes wrong.  If all goes well, it can run for days/weeks without any issues.  When there's issues, you may need to understand some basic Linux to troubleshoot.  But if there are no issues, it's just plug and play and you do the occasional update via the web browser.  I didn't have that much issue on my previous 3 Jupiters from KNC.

To answer your pool questions.  No you do not need to sign up for a pool. Also you will not need to download new coin wallets.  We will not produce enough to distribute to each wallet.  All alt coins generated by mining will be converted to Bitcoins and totaled into the distribution.

Good luck if you choose to buy a Neptune.  Their second batch has already sold out though so you'll have to wait for the third batch.

Hey speaking of using a new pool, will i have to sigh up for that pool? also you say it mines other coins at the same time, i guess i will need to make different wallets now for different coins?

Sorry still new and its all a fun learning experience

Thanks

p.s. if say i bought one of these 3 th/s miners, and started it at home, how reliable are they? as in crashing, heat, reboots...   I would be gone a lot working overseas, would the smart wife of mine know what to do if say, we lost power, or it had to be rebooted

[JakeBlaster2]

4 shares 2.2BTC

TXID: 518cfedbfd697f25a38e6fd556df95abd9e667f14eb71943af50a3f387b474ba

Detail via PM

[lmontrose]

That would be a bit of work to try to get these KNC Miners to accomplish that.  If you want to take on the task of creating this program.  I am sure many out there will pay you a fee to use your development.

On another note, Group buy 2 has sold out.  Groupbuy 3 is now available and is on the same order as Group buy 2.  So it should arrive the same time as Group buy 2.

I am still sorting out the orders and will post an update on the thread in the next few days.

Sure, I don't mind using Eligius. We can use btcguild as a backup in case the first fails.

Or do something 'clever' and add 1 pool per share on each miner, and set it for load-balance mode

Then you could let each shareholder mine 1/nth directly to their own preference

[astutiumRob]

That would be a bit of work to try to get these KNC Miners to accomplish that

It's a standard 'feature' of cgminer - you just put in all the pools, press C, take option 3, save the config so it's automated ...
[C]hange management strategy
0: Failover
1: Round Robin
2: Rotate
3: Load Balance
4: Balance

Or for 'fine-tuning' if people have more than 1 share on the same box, you just set the Quota to 100*N where N is their number of shares:
0: Enabled Alive Quota 100 Prio 0: (pool0)
1: Enabled Alive Quota 200 Prio 1: (pool1)
2: Enabled Alive Quota 100 Prio 2: (pool2)
3: Enabled Alive Quota 400 Prio 3: (pool3)
if it was 4 people, 8 shares as an example

Or you can do some very interesting stuff - I've setup a Jupiter to mine 12 different alt-coins for 2 hours each in rotation...

The only thing to remember is *NOT* to use the featureless web front-end, but manage it over SSH ...

[flexgroo]

Hi, sent you another .55 btc

i think this is the number you need 026823eb9dbc53604675fe25146877487f9cdaceb6341b4f96f46e61d01827ac

[Local576]

13 Shares left.  A few are on reserve.

Will be paying for mine in approx 14 hours!

[N[e]wBie]

Does the OP/group buy host have a good reputation? I am happy to buy if he is trustworthy, I am assuming he is, but some info would rest my mind.

[lmontrose]

Thanks for this.  I would like to try it for different pools out there to see which earns the best.  And maybe even do it for some big share holders so that the payout goes directly to their wallet.  Saves time to calculate.  This is exciting.

Thanks for the idea.

That would be a bit of work to try to get these KNC Miners to accomplish that

It's a standard 'feature' of cgminer - you just put in all the pools, press C, take option 3, save the config so it's automated ...
[C]hange management strategy
0: Failover
1: Round Robin
2: Rotate
3: Load Balance
4: Balance

Or for 'fine-tuning' if people have more than 1 share on the same box, you just set the Quota to 100*N where N is their number of shares:
0: Enabled Alive Quota 100 Prio 0: (pool0)
1: Enabled Alive Quota 200 Prio 1: (pool1)
2: Enabled Alive Quota 100 Prio 2: (pool2)
3: Enabled Alive Quota 400 Prio 3: (pool3)
if it was 4 people, 8 shares as an example

Or you can do some very interesting stuff - I've setup a Jupiter to mine 12 different alt-coins for 2 hours each in rotation...

The only thing to remember is *NOT* to use the featureless web front-end, but manage it over SSH ...

[lmontrose]

I have to increase prices per share to .65.  BTC has fallen quite a bit and this barely covers the cost.  Thanks for understanding.  All shares paid for after this will need to be .65 per share.

[zhangjay0710]

Sir, I send two PMs to you at 04:12:08 AM and 06:07:54 AM

Tx. ID: 11eb16ddc77c60ac63e31760ccef1c5d4803f5b3c1321a1624a13e1dfb5c3380

Tx. ID: 74f3d3860144ba522c39801725afced0a98b408e05988b16ed62f815bc940124

Plz reply it if you received my msg

thanks

[lmontrose]

Hi Zhang,
your shares have been confirmed.  Thank  you.

Sir, I send two PMs to you at 04:12:08 AM and 06:07:54 AM

Tx. ID: 11eb16ddc77c60ac63e31760ccef1c5d4803f5b3c1321a1624a13e1dfb5c3380

Tx. ID: 74f3d3860144ba522c39801725afced0a98b408e05988b16ed62f815bc940124

Plz reply it if you received my msg

thanks

[lmontrose]

28 Units left in Groupbuy 3.

[Local576]

Have sent .65btc for 1 share.

TXID: 1d95fd379fcd1380a86bafbb1afb509e23e3a92c29dd42af78453a46847172f5

[ScotterMonkey]

Hi -

I sent 2.2 BTC to you last night around 10:30pm-ish.
Transaction key: c2c20f7f1e0fbdcd32e12cc27d10f4e444613a1d8e7a5adf3aa43f272c6b9a73
I am just now notifying you because I only a few hours ago figured out that I had to "post as a newbie" and then wait four hours so that I could then post here (it would not let me PM you, either). I'm assuming you can look at the transaction and see what time I sent the BTC last night.

Here is my BTC address for when the machine is up and running:
1NoEFRK5RP5i11Safu1j2j46GhP859rmod

Please confirm that I'm in with 4 shares :-)

Thanks!
Scott

[lmontrose]

Hi Scott, Thank you.  I can confirm receipt.

Hi -

I sent 2.2 BTC to you last night around 10:30pm-ish.
Transaction key: c2c20f7f1e0fbdcd32e12cc27d10f4e444613a1d8e7a5adf3aa43f272c6b9a73
I am just now notifying you because I only a few hours ago figured out that I had to "post as a newbie" and then wait four hours so that I could then post here (it would not let me PM you, either). I'm assuming you can look at the transaction and see what time I sent the BTC last night.

Here is my BTC address for when the machine is up and running:
1NoEFRK5RP5i11Safu1j2j46GhP859rmod

Please confirm that I'm in with 4 shares :-)

Thanks!
Scott

[astutiumRob]

Thanks for this.  I would like to try it for different pools out there to see which earns the best.  And maybe even do it for some big share holders so that the payout goes directly to their wallet.  Saves time to calculate.  This is exciting.

Drop me an email when the unit arrives and I'll help with the config

[ScotterMonkey]

Thanks (with regard to accepting my BTC sent yesterday without me posting until today)!

With utmost respect:

I noticed at one point you showed a receipt for one machine but not all three? Or did I not see that post?

It seemed like you were saying you had ordered two of those Jupiter 3Ks and then after Group Two shares were all sold, you posted that you were opening up Group Three and it sounds now like you ordered one machine and then two others on the second order, for "zero day"?
Please help me to understand so that I'm not worried about having been scammed. The last thing I want to do is offend you. I wouldn't have sent you those two BTC if I didn't have some trust for you going on, as well as a willingness to take a risk.

Thanks,
Scott

[theprofileth]

Thanks for this.  I would like to try it for different pools out there to see which earns the best.  And maybe even do it for some big share holders so that the payout goes directly to their wallet.  Saves time to calculate.  This is exciting.

Thanks for the idea.

That would be a bit of work to try to get these KNC Miners to accomplish that

It's a standard 'feature' of cgminer - you just put in all the pools, press C, take option 3, save the config so it's automated ...
[C]hange management strategy
0: Failover
1: Round Robin
2: Rotate
3: Load Balance
4: Balance

Or for 'fine-tuning' if people have more than 1 share on the same box, you just set the Quota to 100*N where N is their number of shares:
0: Enabled Alive Quota 100 Prio 0: (pool0)
1: Enabled Alive Quota 200 Prio 1: (pool1)
2: Enabled Alive Quota 100 Prio 2: (pool2)
3: Enabled Alive Quota 400 Prio 3: (pool3)
if it was 4 people, 8 shares as an example

Or you can do some very interesting stuff - I've setup a Jupiter to mine 12 different alt-coins for 2 hours each in rotation...

The only thing to remember is *NOT* to use the featureless web front-end, but manage it over SSH ...

Well first off I should mention you would want to use balance if you were to do this, load balance only tries to balance the pools based on how fast they respond and not absolute values, furthermore it isn't exact tbh it really is just sort of a waste of time. So I strongly suggest you DO NOT DO THIS. Just mine at eligius and send out payments every week, it really isn't that bad I mean I can't imagine you having more than 30 shareholders. Eligius just requires a bitcoin address for the username and you are set, no registration needed, the only thing you have to do to get the merged namecoins is verify your account by signing a message and then you can change the address link + the min payout amount and add a namecoin payout address. I mean if you want to save on transaction fees just use a coinbase account and then all your transactions fees are payed automatically and it is free to sign up.

[lmontrose]

Hi ScotterMonkey, I had a second order that has 3 units on it.  This was place later in the evening so my order number for the second 3 is a bit higher. They are Neptune units not Jupiters.  We're all taking the risk that KNCminer will deliver on time.  They had a great record with my previous Jupiter orders so  I trust them.

Thanks (with regard to accepting my BTC sent yesterday without me posting until today)!

With utmost respect:

I noticed at one point you showed a receipt for one machine but not all three? Or did I not see that post?

It seemed like you were saying you had ordered two of those Jupiter 3Ks and then after Group Two shares were all sold, you posted that you were opening up Group Three and it sounds now like you ordered one machine and then two others on the second order, for "zero day"?
Please help me to understand so that I'm not worried about having been scammed. The last thing I want to do is offend you. I wouldn't have sent you those two BTC if I didn't have some trust for you going on, as well as a willingness to take a risk.

Thanks,
Scott

[lmontrose]

I agree.  It's probably easier to keep track with one account.  Sending out payments to 20 - 30 people can become a chore.  I'd like to not stay up too late when doing this

Thanks for this.  I would like to try it for different pools out there to see which earns the best.  And maybe even do it for some big share holders so that the payout goes directly to their wallet.  Saves time to calculate.  This is exciting.

Thanks for the idea.

That would be a bit of work to try to get these KNC Miners to accomplish that

It's a standard 'feature' of cgminer - you just put in all the pools, press C, take option 3, save the config so it's automated ...
[C]hange management strategy
0: Failover
1: Round Robin
2: Rotate
3: Load Balance
4: Balance

Or for 'fine-tuning' if people have more than 1 share on the same box, you just set the Quota to 100*N where N is their number of shares:
0: Enabled Alive Quota 100 Prio 0: (pool0)
1: Enabled Alive Quota 200 Prio 1: (pool1)
2: Enabled Alive Quota 100 Prio 2: (pool2)
3: Enabled Alive Quota 400 Prio 3: (pool3)
if it was 4 people, 8 shares as an example

Or you can do some very interesting stuff - I've setup a Jupiter to mine 12 different alt-coins for 2 hours each in rotation...

The only thing to remember is *NOT* to use the featureless web front-end, but manage it over SSH ...

Well first off I should mention you would want to use balance if you were to do this, load balance only tries to balance the pools based on how fast they respond and not absolute values, furthermore it isn't exact tbh it really is just sort of a waste of time. So I strongly suggest you DO NOT DO THIS. Just mine at eligius and send out payments every week, it really isn't that bad I mean I can't imagine you having more than 30 shareholders. Eligius just requires a bitcoin address for the username and you are set, no registration needed, the only thing you have to do to get the merged namecoins is verify your account by signing a message and then you can change the address link + the min payout amount and add a namecoin payout address. I mean if you want to save on transaction fees just use a coinbase account and then all your transactions fees are payed automatically and it is free to sign up.

[BotwinBG]

Was locked in newbie jail.

As per PM sent on December 18, 2013, 12:13:44 PM :

Two shares at 0.65BTC each for a total of 1.3 BTC
TX ID - https://blockchain.info/tx/7295050af891969f19b36717079a7bc81e338d92fcfa59ef3377cc8c6d9dbc50

[rajasminer]

Sorry for the late post because my newbie status i can't post.

I sent BTC for 1 share.
This is my tx id f341122147a1344a34aabdd1f507ef05031780390f82786f60338ba49751543c

Let me know if my BTC is valid or not, thank you.

[lmontrose]

Hi Rajasminer,

Everything looks great.  It's confirmed.

Thanks

Sorry for the late post because my newbie status i can't post.

I sent BTC for 1 share.
This is my tx id f341122147a1344a34aabdd1f507ef05031780390f82786f60338ba49751543c

Let me know if my BTC is valid or not, thank you.

[uozer]

Hey, any plans to go back to .55 since BTC price is rebounding?

Whats the current available number of shares?

Thanks much

[flexgroo]

sent more btc .65 for another share thanks you much

Payment Sent Notification

A Payment has been sent from your bitcoin wallet.
d8d7c282bd9070cccfd0a2966819be839edfbd5dc5d020ced534c62cb5278f2e


   17pKVXtwnNBhqSvuWQb3WAvQGdLUkHAzSm 0.65 BTC

[mrekim]

Just got in for 1 share @ 0.65

TxID: d80c85b42f5f4ad3663c4034570221f8b684eddb366b76d22d98b68d820f86ef

Please confirm, thanks!

[lmontrose]

Hi, I have confirmation that the BTC is received. Thanks

Just got in for 1 share @ 0.65

TxID: d80c85b42f5f4ad3663c4034570221f8b684eddb366b76d22d98b68d820f86ef

Please confirm, thanks!

[ici_lemmy]

Sent 0,55BTC for 1 share.
https://blockchain.info/tx/4d5af4a18efc9416b8640d612a88e20a5a9a1f0114e38b9530fe699b6dff685f

Please pay div to 12WczymrT6mcUBRGtcH3rURNC7KSmVCDVZ

Can you confirm please ?

[lmontrose]

This order is confirmed.  Thanks.  I will post a spreadsheet soon.

Sent 0,55BTC for 1 share.
https://blockchain.info/tx/4d5af4a18efc9416b8640d612a88e20a5a9a1f0114e38b9530fe699b6dff685f

Please pay div to 12WczymrT6mcUBRGtcH3rURNC7KSmVCDVZ

[lmontrose]

We're down to 25 shares left in group buy 3.

[lmontrose]

Sorry no plans at the moment.  Unless BTC keeps going up.  Sold at a loss to several folks before I raised the price.  Will monitor this closely.

Thanks

Hey, any plans to go back to .55 since BTC price is rebounding?

Whats the current available number of shares?

Thanks much

[lmontrose]

Prices have been lowered to .6 due to BTC price going up.  Please submit the updated price.

[ScotterMonkey]

Lmontrose -
I just wanted to say thank you for moving the price around as BTC fluctuates, with the goal to being fair to all concerned, including yourself.
If there was a way I could have trust in this being more than a gamble (you can just disappear with all the BTC), I would buy more shares and recommend to my friends to buy in. I'm saying this in case you do know of a way to help us all feel more safe in this investment.
Scott

[RATM69]

I would like 2 shares in Group 3 please

sent 1.2 BTC from  17pKVXtwnNBhqSvuWQb3WAvQGdLUkHAzSm  for 2 shares

Tx. ID  9e5cb2ee2cef2097f34ba655905f1b83335f2373eab94ef606ab3079587b6daf
Thanks

[lmontrose]

More Shares!  Now we're down to 23 units left in Group buy 3.  I may be a bit slow replying to messages.  I am getting so many.  Please bear with me.  Thank you.

I would like 2 shares in Group 3 please

sent 1.2 BTC from  17pKVXtwnNBhqSvuWQb3WAvQGdLUkHAzSm  for 2 shares

Tx. ID  9e5cb2ee2cef2097f34ba655905f1b83335f2373eab94ef606ab3079587b6daf
Thanks

[BotwinBG]

lmontrose - please confirm my payment.

[flexgroo]

I am just courious on a few things, myself i have never mined btc yet, but i to trade them on exchange to try and get more.. I would like to know in pools like this one, say someone has 500 gh/s in shares that would be 5 shares i think...

Can anyone estimate how many btc 500 gh/s comes out to be?
is it dependent on the pool we join?
is solo possible?
how many people are in a pool like this?
are the 25 btc found split evenly per share?

umm ok thats is enough random questions for this page

[lmontrose]

You need to send me the TxiD: first before I can confirm.  Can you go back to your client and send that info to me.  Thanks

lmontrose - please confirm my payment.

[lmontrose]

Flexgroo,

It'll depend more on when the miner is received.  A good way to calculate how much you can get per Ghs is this site.
http://www.bitcoinx.com/profit/

So it depends on difficulty.  And difficulty goes up about 20% every 2 weeks on average.

Hope that helps.

I am just courious on a few things, myself i have never mined btc yet, but i to trade them on exchange to try and get more.. I would like to know in pools like this one, say someone has 500 gh/s in shares that would be 5 shares i think...

Can anyone estimate how many btc 500 gh/s comes out to be?
is it dependent on the pool we join?
is solo possible?
how many people are in a pool like this?
are the 25 btc found split evenly per share?

umm ok thats is enough random questions for this page

[BotwinBG]

You need to send me the TxiD: first before I can confirm.  Can you go back to your client and send that info to me.  Thanks

lmontrose - please confirm my payment.

7295050af891969f19b36717079a7bc81e338d92fcfa59ef3377cc8c6d9dbc50


I wrote it in PM and in a post a few pages back.

[BotwinBG]

Bought another two shares at @ 0.6BTC ea for a 1.2 BTC total

TX ID : 344dfc35b68f5cdb4c83454c574bf2bc818f8755e4dbf3bb34468545636e5f47

[lmontrose]

Thank you, this has been confirmed.

Bought another two shares at @ 0.6BTC ea for a 1.2 BTC total

TX ID : 344dfc35b68f5cdb4c83454c574bf2bc818f8755e4dbf3bb34468545636e5f47

[forum2005]

Bought one share at @ 0.6BTC  (at Group Buy 3)

TX ID : df25a4f096376a672d07f0eaad8c530e0dfbaab87debc09df1b463ad99037e86

[zebigfoot]

i`d like to reserve 1 share and have transferred the initial deposit of 0.1 BTC
will be loading more BTC early this week  since, unfortunately, banks out here are super slow with the conversions to BTC exchanges

TX ID : 669ffc5eff554ac2f6ab68ed1660f8e2131c4a8e5dcf24849d0f920b833bbac3

[miglio46]

hi,

how many shares left?

thx!

[lmontrose]

Sure!  Just let me know when you transfer the rest.

Thanks

i`d like to reserve 1 share and have transferred the initial deposit of 0.1 BTC
will be loading more BTC early this week  since, unfortunately, banks out here are super slow with the conversions to BTC exchanges

TX ID : 669ffc5eff554ac2f6ab68ed1660f8e2131c4a8e5dcf24849d0f920b833bbac3

[zebigfoot]

will do ! do you have an ETA on the delivery date for the Neptunes i.e expected month and week ?

[lmontrose]

According to KNCMiner, it is scheduled to be delivered in the 1st or 2nd quarter.  So it's a bit of a wait before we see anything.

will do ! do you have an ETA on the delivery date for the Neptunes i.e expected month and week ?

[lmontrose]

21 Shares left.

[Lightwave]

Would it be possible to pay 0.2 BTC directly and the rest as Paypal gift or bank transfer for the remainder of the share? (as I've only got 0.2 BTC atm)

[lmontrose]

Sorry, can't accept any payment other than Bitcoins.  Thank you though.

Would it be possible to pay 0.2 BTC directly and the rest as Paypal gift or bank transfer for the remainder of the share? (as I've only got 0.2 BTC atm)

[lmontrose]

20 Shares available now.  Getting down to the last few.

[BotwinBG]

lmontrose  sorry to bother you, you must be swamped by messages ,  but I need to make sure - did you register the four shares I paid for? It was a bit unclear.  Also , the last payout is from a correct address, as per PM.

[lmontrose]

Yes, I have you confirmed for 4 shares total.  Thank you

lmontrose  sorry to bother you, you must be swamped by messages ,  but I need to make sure - did you register the four shares I paid for? It was a bit unclear.  Also , the last payout is from a correct address, as per PM.

[MagicMan187]

Just to also confirm, I have 4 shares with you in total. Thanks

[filip1710]

1 share please

Transaction ID: cf5c8fdbf768d125e724d8cc093eaada9cab9f5190febb746195b28ae80c4be6

[lmontrose]

MagicMan, it is confirmed that once again you have 4 shares.

Just to also confirm, I have 4 shares with you in total. Thanks

[MagicMan187]

Make it 5 shares in total 

Txn ID: 0c500a0c6c8e3d7fc693f5556063a2de1f0e8597651c5491187c0c99015c8644

MagicMan, it is confirmed that once again you have 4 shares.

Just to also confirm, I have 4 shares with you in total. Thanks

[wasamata]

Reserve 1 share and will pay asap via btc,

btw when is the shipping date for this batch please? cheers

[lithod02]

Reserve 1 share and Pmd you

[flexgroo]

here is another .6 think i am up to 4 please check

9801b1a3ed5303df0fd440e0d268d548d7ec517d049654b69f4a29597eed901d

[lmontrose]

Flexgroo.  Thanks, you now have 4 total.

here is another .6 think i am up to 4 please check

9801b1a3ed5303df0fd440e0d268d548d7ec517d049654b69f4a29597eed901d

[lithod02]

1 share
Trans id df3254b66466dc068c9c54e298512633605e6aad3fceb8f1b6092edc9c1dd75a

[lmontrose]

Thank you.  This is confirmed.

1 share
Trans id df3254b66466dc068c9c54e298512633605e6aad3fceb8f1b6092edc9c1dd75a

[gigica viteazu`]

hi lmontrose, I`ve quick read the thread but I haven`t seen any mention of a refund policy in case KNC doesn`t deliver, can you elaborate ?

[lmontrose]

If KNC screws the group buy, there will be no refund as it's a risk the group takes.  This will be the same with all group buy.  No one can afford to refund everyone if the Miner doesn't get delivered.  But based oN Knc's history, they have been reliable to date.  No guarantees though

hi lmontrose, I`ve quick read the thread but I haven`t seen any mention of a refund policy in case KNC doesn`t deliver, can you elaborate ?

[Neighbor]

Hi,

Can I reserve 5 shares please? I'm fairly new to bitcoins so have to wait through the verification process. Hope this is okay?

[lmontrose]

Sure!  Thanks

Hi,

Can I reserve 5 shares please? I'm fairly new to bitcoins so have to wait through the verification process. Hope this is okay?

[HackaB321]

Hi lmontrose, can you reserve me one share please? and can you also confirm  it's all ok about my group' s 2 share payment? Thanks

[wasamata]

Reserve 1 share and will pay asap via btc,

btw when is the shipping date for this batch please? cheers

pls remove my reserve for this one thanks, ill pass on it.

[lmontrose]

HackaB321, your two other shares went through fine.  One additional share reserved.  Thanks

Hi lmontrose, can you reserve me one share please? and can you also confirm  it's all ok about my group' s 2 share payment? Thanks

[lmontrose]

We're down to 16 shares left.  Will disappear quick.

[flexgroo]

yeah yeah, i am trading as fast as i can, buying at 700 and selling at 740 over and over takes time to build up more btc hehe, im up to 2 more btc, but needs those to keep trading i should hit 3 this weekend, and then send one to you...

Then again i am flying home today from afghanistan so will be trading at airports, lol

[lmontrose]

What do you do flex?

yeah yeah, i am trading as fast as i can, buying at 700 and selling at 740 over and over takes time to build up more btc hehe, im up to 2 more btc, but needs those to keep trading i should hit 3 this weekend, and then send one to you...

Then again i am flying home today from afghanistan so will be trading at airports, lol

[flexgroo]

Private contractor, as a bodyguard and medic

[daniquevs]

I reserver one share for next week

[martinyin]

cool

Private contractor, as a bodyguard and medic

[versterk]

I'd like 3 shares if available ?

thank you

[corky876]

I would like one share please.  Will send payment in about 2 hours.

[corky876]

One share purchased at .6BTC.

From: 1EthTCZ9k7xBi486yXPA78oUUNkbqAGusz
Tx ID: 52a8107d250d5bcf3593ac607488ef8b9f310b5427d5cd067c1d11c43a19d6ea

[lmontrose]

Thanks corky, this is confirmed.

One share purchased at .6BTC.

From: 1EthTCZ9k7xBi486yXPA78oUUNkbqAGusz
Tx ID: 52a8107d250d5bcf3593ac607488ef8b9f310b5427d5cd067c1d11c43a19d6ea

[zhuzh]

Hello. I have bought one share at .6BTC.

Transaction info:
From: 1HopMkionc1GEP6cQsts4wBwb3cteLbpgs
Tx ID: bb49c8f46d1ac8e8acacdc7f59603905c205024a12143cfadc28968ddfc95d07

Big thanks from Zhuzh!

https://blockchain.info/address/17pKVXtwnNBhqSvuWQb3WAvQGdLUkHAzSm

[lmontrose]

This is confirmed, thanks.

Hello. I have bought one share at .6BTC.

Transaction info:
From: 1HopMkionc1GEP6cQsts4wBwb3cteLbpgs
Tx ID: bb49c8f46d1ac8e8acacdc7f59603905c205024a12143cfadc28968ddfc95d07

Big thanks from Zhuzh!

https://blockchain.info/address/17pKVXtwnNBhqSvuWQb3WAvQGdLUkHAzSm

[versterk]

I'd like 3 shares if available ?

thank you

1.8BTC gone from 1P8miGxMZhc6io7ELmkgXg5mFXMmHyh2v

txid : 6ef5addbefbfffd77bb7622f8762de78ac1832bdb7631ac318d7ff98c8196362

[mwkultra]

4 shares please!

2.4 BTC Sent from: 15s5aG5gywB7Sjxyhsq8YpaNAth4KmYg97

TX:370a90d839bfd60f8b916c3d119a4fc55fb808cbcc3c4ea6bdac05003894199c

PM Sent.

Thank you!

[gigica viteazu`]

i'd like 5 shares if available, please confirm

[corky876]

what is the status of shares sold?

[lmontrose]

Please hold off on sending any BTC.  I'm tallying up all the shares.  We might be at the max at this point.  Thanks for waiting.  The holidays are busy.

what is the status of shares sold?

[deangreen]

Hi lmontrose:
Not sure what is latest count.. By my count on this page there are still couple more.

Reserve  1 share plz.  Will send payment once notified.
Thanks.

[atomicsix]

If any shares end up being  left I would like to reserve one also.

Can send payment when confirmed slot is open.

Thanks.

I will check back to thread daily.

[MrPalmer]

I'd also like 1 share if avail.  Pls PM.

Thanks!

[magicZ]

if any left one for me!
please let me know

[ici_lemmy]

lmontrose, no message since dec. 30...
Please answer them.

[martinyin]

four days passed since his last showing up.

[lmontrose]

Hi all,No shares available at the moment.  Please do no send any bitcoins.  I was out of town for a few days and had no access.  I will get to all messages today.

[lmontrose]

Okay completed the tally of shares and we're sold out of Group Buy 3.  So Group buy 4 the last and final is now available. 

[flexgroo]

oh boy.. i really should get my own Neptune or the new jupiters if they come out.. Will check my btc for you in a few hours, think i am up to 2 in BTC-e

[JohnC.]

Are you ready for another small price adjustment due to increased BTC price?

[lmontrose]

This is a good price for these shares as they are for the first Batch of the Neptunes.  These units will come 4 weeks before the second batch and 4 more weeks before the third batch.  This means more revenue.

Are you ready for another small price adjustment due to increased BTC price?

[lithod02]

This is a good price for these shares as they are for the first Batch of the Neptunes.  These units will come 4 weeks before the second batch and 4 more weeks before the third batch.  This means more revenue.

Are you ready for another small price adjustment due to increased BTC price?

Do you know a date? I bought in previous GB #3 and may get more this round.

[MrPalmer]

So I'm clear - all 4 of these Neptunes were sold on Day One, during the existing customer period?  All 4 have delivery Late Feb?

If so, please let me know, and reserve 1 share.   Thank you. 

[lmontrose]

Sorry no official date has been announced.  They only said 1ST quarter/ 2nd Quarter.  So it'll be soon. Group buy 1 - 4 are all Day 1 delivery.  Thanks for your interest.

This is a good price for these shares as they are for the first Batch of the Neptunes.  These units will come 4 weeks before the second batch and 4 more weeks before the third batch.  This means more revenue.

Are you ready for another small price adjustment due to increased BTC price?

Do you know a date? I bought in previous GB #3 and may get more this round.

[MrPalmer]

Sorry no official date has been announced.  They only said 1ST quarter/ 2nd Quarter.  So it'll be soon. Group buy 1 - 4 are all Day 1 delivery.  Thanks for your interest.

This is a good price for these shares as they are for the first Batch of the Neptunes.  These units will come 4 weeks before the second batch and 4 more weeks before the third batch.  This means more revenue.

Are you ready for another small price adjustment due to increased BTC price?

Do you know a date? I bought in previous GB #3 and may get more this round.

Ok, thanks.  Please hold 1 share for me lmontrose.  Will send txID ASAP. 

[forum2005]

can you details person and shares by batch.. thanks.

[ici_lemmy]

can you details person and shares by batch.. thanks.

+1 please

[lmontrose]

I agree.  I will have it up soon.

can you details person and shares by batch.. thanks.

+1 please

[theprofileth]

So yeah lmontrose I hope you are going to use Eligius to handle mining to make sure we get payed the most.

[deangreen]

Hi, can anyone vouche for lmontrose that he is a top notch GB coordinator and reliable for this operation?   I am interested in joining you all but I am new to this, he has been very responsive in collecting and confirming BTC payments, what about actual technical know how to run this operation?

Cheers.

[ScotterMonkey]

I agree.  I will have it up soon.

can you details person and shares by batch.. thanks.

+1 please

When is "soon"? We have given you a huge amount of money with zero assurance. The least you can do is create and publish the list that you should be keeping already anyway.

[bitgod2]

How many share are still available? If there are any available, please reserve 1 for me.

edit: When will this start mining ?

[HackaB321]

hey lmontrose

no news since 7th jan.

Have you read this? (from SebastianJu, first post of this forum)

You have to stay in contact with your groupbuyers. Nothing is worse for the situation than a groupbuy organizer that doesnt get back to the members. You can await that very fast rumours appear and fears lead to a doom loop that goes in a direction no one wants. Im sure you saw such groupbuys already since there are groupbuys of all kinds on bitcointalk.

We are waiting for the spreadsheet and getting nervous.....

[lithod02]

+1 

[HackaB321]

He has posted something here

http://postimg.org/image/s3wjeihih/
http://postimg.org/image/97g2jlh5f/

I'm worried about his actual account balance (zero) 

https://blockchain.info/address/17pKVXtwnNBhqSvuWQb3WAvQGdLUkHAzSm

Say goodbye to our BTC, glad to be wrong.

[ici_lemmy]

So... ?

[lmontrose]

Sorry, I didn't realize I would be down for 3 days but it happened.  All messages will be responded to.  Sorry for delay.

[lmontrose]

"Say goodbye to our BTC, glad to be wrong."

Not nice.  only if kncminer doesn't deliver.

He has posted something here

http://postimg.org/image/s3wjeihih/
http://postimg.org/image/97g2jlh5f/

I'm worried about his actual account balance (zero) 

https://blockchain.info/address/17pKVXtwnNBhqSvuWQb3WAvQGdLUkHAzSm

Say goodbye to our BTC, glad to be wrong.

[scorpnode]

Pls respond to my msg.

[ici_lemmy]

lmontrose, I'm glad you answered (after some days)...
Can you, at least, make the speadsheet with the shares ?

[HackaB321]

"Say goodbye to our BTC, glad to be wrong."

Not nice.  only if kncminer doesn't deliver.

He has posted something here

http://postimg.org/image/s3wjeihih/
http://postimg.org/image/97g2jlh5f/

I'm worried about his actual account balance (zero) 

https://blockchain.info/address/17pKVXtwnNBhqSvuWQb3WAvQGdLUkHAzSm

Say goodbye to our BTC, glad to be wrong.

As I said: glad to be wrong. 
I apologize for that lmontrose but....I was only scared about this sort of "blind investment"
sorry again.

[scorpnode]

Hi, im selling 1slot of my shares i bought from lmontrose for 0.6 its the 3rd batch.

Proof : txn id:e6b58d5318b03a59e74142ed535ff7e40240e036b11faf13403fd0fd12db97c1

So its a chance for anyone interested to get into the 3rd batch instead of the 4th batch. I will inform lmontrose of this change once its done. Pm me with transaction details once you've made payment.  Its nothing to do with lmontrose just that I'm in need of some cash.

If interested, check the txn n send 0.6 to the address ending CPmGa

Cheers!

[michaelhampton2]

Hi, im selling 1slot of my shares i bought from lmontrose for 0.6 its the 3rd batch.

Proof : txn id:e6b58d5318b03a59e74142ed535ff7e40240e036b11faf13403fd0fd12db97c1

So its a chance for anyone interested to get into the 3rd batch instead of the 4th batch. I will inform lmontrose of this change once its done. Pm me with transaction details once you've made payment.  Its nothing to do with lmontrose just that I'm in need of some cash.


Cheers!

Check your PM

[scorpnode]

Replied...1 slot from 3rd batch still available for anyone interested. Also sent a pm to lmontrose he is willing to send me a refund....so you can pay him or pay me direct either way works for me.

Ok sold my slot...will send lmontrose a pm

[mwkultra]

Any updates on the share list?   

[michaelhampton2]

Who else is in the third batch for KNC Neptune? Any spreadsheet available online?

[lithod02]

Nobody knows, lmontrose was supposed to post one couple weeks ago. You wanting to buy a share? Done stressing over this GB if you want to buy.

[Berrylonly]

This Group Buy is for the Neptune 3,000 GHS KNC Miner.  The Neptune for this GROUP Buy has been paid.  It's one of the earliest orders and a DAY One order so we are sure to be one of the first to get the units.  My order number is 120XX so it's one of the early units.  Note: this is the unit from pre-public sales so it'll arrive 3-4 weeks before the ones on sale to the public.

The price per share has been lowered to .6 due to increased BTC price.

GROUP BUY 1 - SOLD OUT [Order Number 120xx]
GROUP BUY 2 - SOLD OUT
GROUP BUY 3 - SOLD OUT
GROUP BUY 4 - 31/32 Available [Order Number 126xx] , The second and third batch is also a Day ONE order that was placed a few hours after the first order.  According to KNC Miner, all their Day 1 orders will be shipped the same day.  But to to be fair to those who are in Group Buy 1.  We will not combine the three Units, in case it doesn't show up the same day.  If they all show up the same day, we may decide to combine the hashing power.

I will be hosting the unit myself so the I added a little bit to the cost to include the fees I expect.  

This group buy is intended to let forum members take part in the opportunity to purchase cheap hash-rate through the recently launched KNC Miner Neptune(https://www.kncminer.com/products/neptune) company located in Stockholm, Sweden. The unit that the shares relate to is the KNC Neptune advertised for 3,000 GH/s (https://www.kncminer.com/).  

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 paying the full purchase price.  Each share you purchase will get you that percentage of what the Miner generates.  All utility and maintenance cost will be paid by me.

Offering:

- 32 shares of BTC .6 each are available.
- Each share is worth approximately 100 ghs of hashing power
- Each share entitles the owner to 1/32 of the BTC proceeds from a KNC Miner Neptune mining 24/7 for 20 months*, payment will be made to the address of the shareholders weekly. (* Miner breaking after 12 month warranty, random acts of nature like datacenter burns down etc.,internet downtime, not covered in 24/7 for 20 months(should not be a problem))

- After 20 months we will consider decommissioning the miner if it is no longer profitable to run.
- Also the group as a whole will have ownership of the unit.  During our group ownership, if an opportunity presents itself to sell the unit early, we will put it up for a vote.  If more than 60% agrees to sell the unit early.  We will sell and everyone will get their split according to the shares they own.   I personally feel this is the fairest deal and it’s what separates us from other offers.    

Provided by Groupbuy Host:

- The unit will be properly cooled at a temperature of 67 degrees 24/7.  The unit will also be connected to a UPS at all times to ensure there’s no electrical issues.  
- Electricity, UPS, Power supply and other material required to host the units.
- All hosting and support services will be handled by me.

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.

To purchase shares:

- Send BTC.6 per share to address: 17pKVXtwnNBhqSvuWQb3WAvQGdLUkHAzSm

- 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.

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

{Thanks to other previous groupbuys for allowing me to use your template}

can we see a receipt? or something make us know that you order first day?

[xykonur]

Nobody knows, lmontrose was supposed to post one couple weeks ago. You wanting to buy a share? Done stressing over this GB if you want to buy.

In for your share (if it's in GB 1/2/3), dropping you a PM right away.

[ScotterMonkey]

I have four shares in Group 3 for sale. I need the money for rent.
Whoever PMs me first can have them for .5 BTC each.
If you want all four, I will sell for total of 1.75BTC.
Transaction key: c2c20f7f1e0fbdcd32e12cc27d10f4e444613a1d8e7a5adf3aa43f272c6b9a73

[mwkultra]

I have ran into some financial difficulties and need cash ASAP.  I need to sell my 4 shares in Group Buy 3 for .6 btc each or all 4 for 2 BTC.  I hate to do this, but I am really in a bind.

Please PM me if interested.

[lithod02]

Nobody knows, lmontrose was supposed to post one couple weeks ago. You wanting to buy a share? Done stressing over this GB if you want to buy.

In for your share (if it's in GB 1/2/3), dropping you a PM right away.

Waiting to hear back from lmontrose before I ask ya to send. Will keep ya posted.

[lithod02]

Keep this on the first page so maybe we will get a reply!

[Zoou]

Hey,

If there's shares left I'll take one. Thanks

[forum2005]

I agree.  I will have it up soon.

can you details person and shares by batch.. thanks.

+1 please

Please lmontrose, can you write shareholders in a first message of this post ?

[martinyin]

I agree.  I will have it up soon.

can you details person and shares by batch.. thanks.

+1 please

Please lmontrose, can you write shareholders in a first message of this post ?

+1

[ici_lemmy]

lmontrose

[theprofileth]

Looking forward to some status updates 

[lithod02]

Looking forward to some status updates 

Don't hold your breathe

[ScotterMonkey]

I've heard of forum admins using IP address + Internet Provider/FBI to track down thieves in the past. I don't know if the guys who run this forum have done this before. May be jumping the gun and lmontrose is just indisposed spending the tons of money we all gave him.

[lithod02]

I've heard of forum admins using IP address + Internet Provider/FBI to track down thieves in the past. I don't know if the guys who run this forum have done this before. May be jumping the gun and lmontrose is just indisposed spending the tons of money we all gave him.

yea and I have a good friend that is an FBI detective that I'm sure will take btc, ltc and money from my checking account to track this guy down if he is a scammer. I just dont want to jump the gun, as lmontrose may be having some kind of personal issues. But he shouldnt have started a group buy if he does. I just want my .6 btc refunded and he has yet to reply.
Hello lmontrose read your pm please!

[ici_lemmy]

As I said: glad to be wrong. 

You might be right finally...

[PickNic]

This Group Buy is for the Neptune 3,000 GHS KNC Miner.  The Neptune for this GROUP Buy has been paid.  It's one of the earliest orders and a DAY One order so we are sure to be one of the first to get the units.  My order number is 120XX so it's one of the early units.  Note: this is the unit from pre-public sales so it'll arrive 3-4 weeks before the ones on sale to the public.

The price per share has been lowered to .6 due to increased BTC price.

GROUP BUY 1 - SOLD OUT [Order Number 120xx]
GROUP BUY 2 - SOLD OUT
GROUP BUY 3 - SOLD OUT
GROUP BUY 4 - 31/32 Available [Order Number 126xx] , The second and third batch is also a Day ONE order that was placed a few hours after the first order.  According to KNC Miner, all their Day 1 orders will be shipped the same day.  But to to be fair to those who are in Group Buy 1.  We will not combine the three Units, in case it doesn't show up the same day.  If they all show up the same day, we may decide to combine the hashing power.

I will be hosting the unit myself so the I added a little bit to the cost to include the fees I expect.  

This group buy is intended to let forum members take part in the opportunity to purchase cheap hash-rate through the recently launched KNC Miner Neptune(https://www.kncminer.com/products/neptune) company located in Stockholm, Sweden. The unit that the shares relate to is the KNC Neptune advertised for 3,000 GH/s (https://www.kncminer.com/).  

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 paying the full purchase price.  Each share you purchase will get you that percentage of what the Miner generates.  All utility and maintenance cost will be paid by me.

Offering:

- 32 shares of BTC .6 each are available.
- Each share is worth approximately 100 ghs of hashing power
- Each share entitles the owner to 1/32 of the BTC proceeds from a KNC Miner Neptune mining 24/7 for 20 months*, payment will be made to the address of the shareholders weekly. (* Miner breaking after 12 month warranty, random acts of nature like datacenter burns down etc.,internet downtime, not covered in 24/7 for 20 months(should not be a problem))

- After 20 months we will consider decommissioning the miner if it is no longer profitable to run.
- Also the group as a whole will have ownership of the unit.  During our group ownership, if an opportunity presents itself to sell the unit early, we will put it up for a vote.  If more than 60% agrees to sell the unit early.  We will sell and everyone will get their split according to the shares they own.   I personally feel this is the fairest deal and it’s what separates us from other offers.    

Provided by Groupbuy Host:

- The unit will be properly cooled at a temperature of 67 degrees 24/7.  The unit will also be connected to a UPS at all times to ensure there’s no electrical issues.  
- Electricity, UPS, Power supply and other material required to host the units.
- All hosting and support services will be handled by me.

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.

To purchase shares:

- Send BTC.6 per share to address: 17pKVXtwnNBhqSvuWQb3WAvQGdLUkHAzSm

- 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.

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

{Thanks to other previous groupbuys for allowing me to use your template}

Could your print your order processing status and your receipt?


said that! are shares still available?

[lmontrose]

Quite busy at the moment.  All shares sold out.  Will provide additional updates soon.

Thanks!

[theprofileth]

Quite busy at the moment.  All shares sold out.  Will provide additional updates soon.

Thanks!

Yay! I suggest you make a twitter account so you can easily keep us updated.

[lithod02]

Quite busy at the moment.  All shares sold out.  Will provide additional updates soon.

Thanks!

Yay! I suggest you make a twitter account so you can easily keep us updated.

Don't add to his confusion, he cant update this thread. 

[corky876]

If anyone is interested in buying my share from group 3 send me a PM.

[ScotterMonkey]

I have four shares in Group 3 for sale. I need the money for February rent.
Selling for .5 BTC each.
If you want all four, I will sell for total of 1.75BTC.
Transaction key: c2c20f7f1e0fbdcd32e12cc27d10f4e444613a1d8e7a5adf3aa43f272c6b9a73
PM me.

[michaelhampton2]

Quite busy at the moment.  All shares sold out.  Will provide additional updates soon.

Thanks!

Can you create a spreadsheet for us to view online? You said so in your first post that you are already using a template. So it should be easy enough to share it with us.

[tempestb]

I have four shares in Group 3 for sale. I need the money for February rent.
Selling for .5 BTC each.
If you want all four, I will sell for total of 1.75BTC.
Transaction key: c2c20f7f1e0fbdcd32e12cc27d10f4e444613a1d8e7a5adf3aa43f272c6b9a73
PM me.

I'd be interested in buying your shares but until LMontrose shows up with the contributor list or some proof that anything has happened other than him taking people's money, I'm going to wait.

[ScotterMonkey]

I have four shares in Group 3 for sale. I need the money for February rent.
Selling for .5 BTC each.
If you want all four, I will sell for total of 1.75BTC.
Transaction key: c2c20f7f1e0fbdcd32e12cc27d10f4e444613a1d8e7a5adf3aa43f272c6b9a73
PM me.

I'd be interested in buying your shares but until LMontrose shows up with the contributor list or some proof that anything has happened other than him taking people's money, I'm going to wait.

Sounds smart.

[ici_lemmy]

Any news ?

[martinyin]

when could we see the spread sheet?

[BotwinBG]

Any news ?

[tempestb]

He hasn't logged in since Sunday so no.

[lithod02]

taking it back to first page

[nezarkadhem]

Hope this worked out for everyone?

[corky876]

Well I asked for a payment address change and he responded within a day confirming the change, so I know he is alive.

[lithod02]

back to front page hopefully for an update.. yea right! bout to pull the trigger on an investigation on our lost leader.

[mwkultra]

He got back to me via PM yesterday, so as mentioned before he is still alive and well. 

But the fact that he stopped posting right after he stopped collecting money does not bode well for us.  More than likely we've been scammed.

His silence speaks volumes. 

[lithod02]

Yes it does, but the volume of money he has acquired is a felony. So it would be in his best interest to keep us updated or get ready to bend over in prison

[HackaB321]

Let's be positive:A real scammer does not take upon himself to reply  to pms. It would be for him a wiser choice simply disappear with the money 

[mwkultra]

Obviously, I hope I am wrong here too, but c'mon now...  The month of January just passed without the spreadsheet he promised to post as soon as he had 'caught up from the holidays.' 

It would be so easy for him to post a message here longer than a single sentence and put an end to all the negative speculation once and for all.  He has repeatedly promised to do so, and yet?

[Ubachef]

I'm a little more worried now...
January is now gone and more than someone would like to have a spreadsheet with a recap for the quotas

And yet, nothing 

[lmontrose]

Sorry, haven't looked at this too much.  Since it's closed to new orders.  When I get more news on the delivery, I will update this.  Message me if you need to get a hold of me.  It goes to my email and I am able to see it.  Posting to this thread doesn't send me an email so I don't see it.

[filip1710]

I Have 1 share from group buy 3. If anyone is interested in buying please pm me for more info.  need the BTC

[lithod02]

Since lmontrose is responding now, i have 1 share from GB 3 for sale pm me if interested. thx

[vleroybrown]

I am also more interested in trading now than mineing.  The assurances that KnC have given regarding the miners means guaranteed Ghs by marxh 1st as I understand.  If you are interested in my share I need to sell it to get a trading bot.  .55btc

[lithod02]

I am also more interested in trading now than mineing.  The assurances that KnC have given regarding the miners means guaranteed Ghs by marxh 1st as I understand.  If you are interested in my share I need to sell it to get a trading bot.  .55btc

Where do you see the assurance they will ship March? May be helpful for inquirng minds.

[ici_lemmy]

We still don't have our speadsheet...

[lmontrose]

Yes the last newletter from KNC does not state any guarantee dates.  They did say they may provide free hosting if there's any delay and also that the power consumption has been lowered.  Which is good and bad news.  Might mean there could be a delay.

I am also more interested in trading now than mineing.  The assurances that KnC have given regarding the miners means guaranteed Ghs by marxh 1st as I understand.  If you are interested in my share I need to sell it to get a trading bot.  .55btc

Where do you see the assurance they will ship March? May be helpful for inquirng minds.

[ScotterMonkey]

I have four shares in Group 3 for sale.
Selling for .35 BTC each.
If you want all four, I will sell for total of 1.2BTC.
Transaction key: c2c20f7f1e0fbdcd32e12cc27d10f4e444613a1d8e7a5adf3aa43f272c6b9a73
PM me.

[RATM69]

I'm good with them hosting it till they can get them all out if that's what they have to do. Plus you never know you may get more THz than your expecting also when they do finally get them out. Look at the last batch they put out, almost twice the hash power. Just saying.

[lithod02]

knocking some dust off this one. back to the front page you go.
lmostrose any update on share spreadsheet? 

[alexout]

lmontrose.

Get your act together man.

You are responsible for a lot of money here and the level of professionalism is just too low.

Bad communication and bad response times all around.

If you need help with anything, then try asking someone who is involved if they can help out.

[ScotterMonkey]

lmontrose.
Get your act together man.
You are responsible for a lot of money here and the level of professionalism is just too low.
Bad communication and bad response times all around.
If you need help with anything, then try asking someone who is involved if they can help out.

Agreed.

[tempestb]

If you read his last post he said he doesn't check this thread and that you should pm him directly for any questions you may have.  Not saying that's a good thing, but everyone asking for spreadsheet and such in here is not being seen (Apparently) by him.  Also, he hasn't logged in since the 16th (As of this posting) so he's really not going to see it.

[vleroybrown]

If you read his last post he said he doesn't check this thread and that you should pm him directly for any questions you may have.  Not saying that's a good thing, but everyone asking for spreadsheet and such in here is not being seen (Apparently) by him.  Also, he hasn't logged in since the 16th (As of this posting) so he's really not going to see it.

I read that too and PMd him when I posted my BUMP!

[vleroybrown]

If you read his last post he said he doesn't check this thread and that you should pm him directly for any questions you may have.  Not saying that's a good thing, but everyone asking for spreadsheet and such in here is not being seen (Apparently) by him.  Also, he hasn't logged in since the 16th (As of this posting) so he's really not going to see it.

I read that too and PMd him when I posted my BUMP!

Got a PMd reply came here to see the spreadsheet..

[ici_lemmy]

Sent 0,55BTC for 1 share.
https://blockchain.info/tx/4d5af4a18efc9416b8640d612a88e20a5a9a1f0114e38b9530fe699b6dff685f

Please pay div to 12WczymrT6mcUBRGtcH3rURNC7KSmVCDVZ

Please change payout addr to 1Lemmy6XN6K9CbykTqLsNFcgrs7CXCp5QW
And please make the spreadsheet...

[BotwinBG]

So that spreadsheet? Or any other news for that matter...

[ici_lemmy]

He answered to one of my PM but nothing about the spreadsheet...

[wangguoqin1001]

Just to mention that @ScotterMonkey has transferred all his 4 shares to me. Think this should be publicly announced and known by all others.

[HackaB321]

According to last KNC  statement , Neptune 1st batch shipping should be very close

All,
As we are getting closer to the launch date of Neptune we are able to release more of the products as we are still on track. So today there are now 1000 more products in the shop. This is the second half batch two and will ship alongside the first half.
This batch will also be covered by our online hashing (Plan B), if we are late we will simply give you a choice of converting to our online hosted hashing of 3TH from our facilities if you wish to
Thanks
KnCMiner Team

They could keep their initial promises to ship "last winter/early spring" or at least give the hosting option within that date.
Don't know if lmontrose has more news about that

[BotwinBG]

Need some BTC - selling my 4 shares. Same rate as the person above - 1.2btc for all four or 0.35 ea.
Tx IDs are in the thread.

[N[e]wBie]

I was interested in investing in this group, and decided not to because OP had zero credibility or anyone vouching for him, and passed. Why did others trust him with so much money without any indications of trustworthiness? I would be really surprised if he wasn't gone with the money, and wouldn't buy shares at 10% given the disappearance of OP. Consider the money lost, if I am wrong all the better.

[vleroybrown]

I was interested in investing in this group, and decided not to because OP had zero credibility or anyone vouching for him, and passed. Why did others trust him with so much money without any indications of trustworthiness? I would be really surprised if he wasn't gone with the money, and wouldn't buy shares at 10% given the disappearance of OP. Consider the money lost, if I am wrong all the better.

No one is offering you a share at that kinda discount.  KNC refund process is straight forward enough and I believe it is time to open up the discussion with lmontose on whether we should agree to wait or go ahead with that.  A hosted option offered by KNC has not materialized yet but they have a farm online already I have heard.  My vote is to refund - 1 share.

[martinyin]

any updates?

[tempestb]

lmontrose doesn't check this thread.  You have to PM him, which sends him an email.  Responding here does not send him an email and apparently he doesn't have time to check this forum.

Beyond that, if he's legit is anyone's guess.  He never provided the list and has remained quiet about everything so it could be a scam but he still logs into this forum.

[ici_lemmy]

I already asked him the spreadsheet by PM and I think I'm not the only one...
You can see that he not really interested in posting the spreasheet.
I'm starting to think that he will not post it.

Now i'm only hoping that's not a scam in the end.

[vleroybrown]

I already asked him the spreadsheet by PM and I think I'm not the only one...
You can see that he not really interested in posting the spreasheet.
I'm starting to think that he will not post it.

Now i'm only hoping that's not a scam in the end.

The threads lmontrose posts is reason to believe it is not a scam.  While avoiding this thread is just very lazy.  Modern day miners can be plenty lazy it seems.  He confirmed tht he was aware of the request for a spreadsheet to me via PM a couple weeks back at least.  I would like the question of refund from KNC to go to vote as I know there is that option until the shipping, and it seems there are more than a few here that listed shares for sale..

[lithod02]

I already asked him the spreadsheet by PM and I think I'm not the only one...
You can see that he not really interested in posting the spreasheet.
I'm starting to think that he will not post it.

Now i'm only hoping that's not a scam in the end.

The threads lmontrose posts is reason to believe it is not a scam.  While avoiding this thread is just very lazy.  Modern day miners can be plenty lazy it seems.  He confirmed tht he was aware of the request for a spreadsheet to me via PM a couple weeks back at least.  I would like the question of refund from KNC to go to vote as I know there is that option until the shipping, and it seems there are more than a few here that listed shares for sale..

I second that, at least I can get back .6 btc to put toward an antminer which is a lot less btc value than when we paid lmonstrose the .6 btc.
The lack of communication and given the money we have sent and no spreadsheet showing payment is unacceptable, there are plenty of people here that have run successful GB that he could have asked for help.

[tempestb]

We can't have a vote unless we know how many folks are invested in this, thus the need for a spreadsheet.  If the guy is too lazy to make a spreadsheet, how is going to be trusted to send payouts?

[theprofileth]

I also vote for refund I mean, at this rate we won't be able to have a ROI over 100%

[lithod02]

I also vote for refund I mean, at this rate we won't be able to have a ROI over 100%

Maybe we should create our own spreadsheet and voting page.

I created a voting poll for refund or wait.

Follow the link below to vote
http://www.easypolls.net/poll.html?p=5328ee35e4b07c9e253b0a96



Mock Spreadsheet - just copy and fill in info

Username       group buy #     shares purchased    amount       voted
lithod02         3                    1                          .6 btc         yes

[vleroybrown]

I also vote for refund I mean, at this rate we won't be able to have a ROI over 100%

Maybe we should create our own spreadsheet and voting page.

I created a voting poll for refund or wait.

Follow the link below to vote
http://www.easypolls.net/poll.html?p=5328ee35e4b07c9e253b0a96



Mock Spreadsheet - just copy and fill in info

Username       group buy #     shares purchased    amount       voted
lithod02         3                    1                          .6 btc         yes
vleroybrown   1                    1                          .6 btc          yes

[mwkultra]

Just voted..  why not.

Mock Spreadsheet - just copy and fill in info

Username       group buy #     shares purchased    amount       voted
lithod02         3                    1                          .6 btc         yes
vleroybrown   1                    1                          .6 btc          yes
mwkultra        3                    3                          .6 btc          yes

[ici_lemmy]

It would be nice if lmontrose takes some time to post here...

[murfis]

I also vote for refund I mean, at this rate we won't be able to have a ROI over 100%

Maybe we should create our own spreadsheet and voting page.

I created a voting poll for refund or wait.

Follow the link below to vote
http://www.easypolls.net/poll.html?p=5328ee35e4b07c9e253b0a96

VOTED

Username       group buy #     shares purchased    amount       voted
lithod02         3                    1                          .6 btc         yes
vleroybrown   1                    1                          .6 btc          yes
mwkultra        3                    3                          .6 btc          yes
murfis            3                    1                          .6 btc          yes

[Ubachef]

Here I am

Username       group buy #     shares purchased    amount       voted
lithod02         3                    1                          .6 btc         yes
vleroybrown   1                    1                          .6 btc          yes
mwkultra        3                    3                          .6 btc          yes
murfis            3                    1                          .6 btc          yes
ubachef         1                    10                         6.0 btc        yes     

[HackaB321]

Neptune on track

In related mining news, KnC’s Neptune miner appears to be on track – the new bitcoin ASIC taped out earlier this month with everything going according to plan.

KnC says the Neptune is currently in the foundry phase; that is, the ASICs are already in production. However, even if something goes wrong, KnC has a ‘plan B‘ in case of any major delays.

The Neptune is expected to reduce power consumption by 43% thanks to the use of a new 20nm node.

In addition to the new manufacturing process, the design has been optimised too, allowing KnC to squeeze 1,440 cores in a 55 x 55mm package. To put this in perspective, Intel’s 4th generation Core chips feature a 37.5 x 32mm package and they are manufactured on Intel’s 22nm node.

KnC says the Neptune ASIC will deliver at least 3TH/s, operating at 0.7W per GH/s.

http://www.coindesk.com/kncminer-accepting-pre-orders-first-scrypt-miner-titan/

[theprofileth]

I voted too
Username       group buy #     shares purchased    amount       voted
lithod02         3                    1                          .6 btc         yes
vleroybrown   1                    1                          .6 btc          yes
mwkultra        3                    3                          .6 btc          yes
murfis            3                    1                          .6 btc          yes
ubachef         1                    10                         6.0 btc        yes    
TheProfileth    1                    1                          .6 btc          yes
also just a note the poll you linked to is no good if you can't verify who is voting as anyone can simply vote or use a proxy ect

[lithod02]

also just a note the poll you linked to is no good if you can't verify who is voting as anyone can simply vote or use a proxy ect

This is true, i just found it as a quick poll to put up. More than we have had so far lol.

[ici_lemmy]

Somebody heard from lmontrose recently ?
'Cause I didn't get answer to my last PM...

[tempestb]

He hasn't logged in since March 8th.  Honestly, I think this is a scam.  While he has checked in previously, the fact that so much time has passed and he hasn't posted up the list just makes me think that even if he IS legit, he's not going to distribute people's funds reliably if he can't put the list together in months of time.  Plus he never posts in here even after people have PM'd him and brought things to his attention.

Just another waste of Bitcoin for me...

[mwkultra]

Those gold rush days of Dec/Jan were intoxicating.  Personally, I drank too deeply from the goblet of greed and couldn't send in my BTC fast enough to buy shares in this scam.  Having now sobered up, it's fairly obvious we've been had.

If this is legit, it's the worst ran Group Buy in history and the dude seems to have a phobia about communicating with others.

[vleroybrown]

Those gold rush days of Dec/Jan were intoxicating.  Personally, I drank too deeply from the goblet of greed and couldn't send in my BTC fast enough to buy shares in this scam.  Having now sobered up, it's fairly obvious we've been had.

If this is legit, it's the worst ran Group Buy in history and the dude seems to have a phobia about communicating with others.

This one aint over and a phobia is going to be well justified if we don't hear back when the from KNC miners start coming online..

[lithod02]

can always file a complaint http://www.ic3.gov/default.aspx

[lithod02]

Ya'll dont get too excited there is a reply to this thread. I sent lmontrose a PM to let him know an update or some interaction would be appreciated. Maybe we should all PM him or report him as mentioned above. Feeling pissed 

[ici_lemmy]

I already sent him multiple PM and I didn't get answers.
This is a SCAM !!! I'm feeling pissed too !

[theprofileth]

Sooooo basically this is one of four things, the first being that lmontrose is the worst group buy hoster ever and is just being too lazy to actually do anything other than fap and ignore emails, the second being that lmontrose somehow has become extremely busy over the last period of time which is why he hasn't been able to do anything at all but is going to make good on his promise of hosting the group buy, the third being that lmontrose actually bought those Neptunes which he now essentially got for free and he can thank us for that, or the fourth is that lmontrose decided to fake a group buy and now has a lot of bitcoins thanks to us.
And while I hope it is number one or two I think options three or four are really what is going on here.

[BotwinBG]

https://bitcointalk.org/index.php?topic=170332.msg5585067#msg5585067

Weird last post. If this is a scam ,why go to the trouble of pretending.

[tempestb]

Because people on the fence who might buy a share from him would do what you just did and check his history.

There's also the complete possibility that he did indeed buy the miners but is going to keep the coins to himself.

[N[e]wBie]

its not a scam guys dont worry, he is just incredibly busy and lazy. Rest easy, your money is safe with him.

[ici_lemmy]

its not a scam guys dont worry, he is just incredibly busy and lazy. Rest easy, your money is safe with him.

How do you know that... Please explain !

[vleroybrown]

I got a notice that this thread is being moderated and my bump post was deleted.  Anyone know who did that?  Is it lmontrose and he is just loling bout all this..

[lithod02]

I got a notice that this thread is being moderated and my bump post was deleted.  Anyone know who did that?  Is it lmontrose and he is just loling bout all this..

yea i got same PM about a bump post being deleted too.

[HackaB321]

its not a scam guys dont worry, he is just incredibly busy and lazy. Rest easy, your money is safe with him.

Yes how do you know that...
This is very likely a scam but we're not totally sure about that. By know and before KNC shipping or hosting, I think we should at least give him some negative trust votes (for what it's worth) and waiting for him to get back.

[theprofileth]

He sent me a PM saying

Sorry, I had hardware issues and took a while to get my password back as my email account got hacked.  I was able to get the domain fixed and finally got my email to reset this password.  I am back now though and the good news is I was able to upgrade the Neptunes to Titans!  I will let you know when I have it and mining begins. 

[lithod02]

He sent me a PM saying

Sorry, I had hardware issues and took a while to get my password back as my email account got hacked.  I was able to get the domain fixed and finally got my email to reset this password.  I am back now though and the good news is I was able to upgrade the Neptunes to Titans!  I will let you know when I have it and mining begins. 

I just got same PM
Sorry, I had hardware issues and took a while to get my password back as my email account got hacked.  I was able to get the domain fixed and finally got my email to reset this password.  I am back now though and the good news is I was able to upgrade the Neptunes to Titans!  I will let you know when I have it and mining begins.

[HackaB321]

He sent me a PM saying

Sorry, I had hardware issues and took a while to get my password back as my email account got hacked.  I was able to get the domain fixed and finally got my email to reset this password.  I am back now though and the good news is I was able to upgrade the Neptunes to Titans!  I will let you know when I have it and mining begins. 

I just got same PM
Sorry, I had hardware issues and took a while to get my password back as my email account got hacked.  I was able to get the domain fixed and finally got my email to reset this password.  I am back now though and the good news is I was able to upgrade the Neptunes to Titans!  I will let you know when I have it and mining begins.

He has already upgraded Neptuns to Titans without inform us?

[ici_lemmy]

I got the same PM...

the good news is I was able to upgrade the Neptunes to Titans

Aren't the titan made for scrypt mining ? Why is that a good news ?
I also think that he should have inform us...

[tempestb]

It's a scam.

I lost money on this too.  By saying he upgraded to Titans he can drag this out for months longer before vanishing.  Plus they aren't even in the same price range are they?  So how could he afford to upgrade to them and still compensate everyone who purchased a percentage.

He's provided no evidence of anything and hasn't even put the list together.  Even if by some miracle he was legit and just lazy like that other dude said he was, the odds of this lazy guy actually distributing profits to everyone are near zero based on his terrible management skills so far.

Just one more loss for me in the Bitcoin universe.

[theprofileth]

It's a scam.

I lost money on this too.  By saying he upgraded to Titans he can drag this out for months longer before vanishing.  Plus they aren't even in the same price range are they?  So how could he afford to upgrade to them and still compensate everyone who purchased a percentage.

He's provided no evidence of anything and hasn't even put the list together.  Even if by some miracle he was legit and just lazy like that other dude said he was, the odds of this lazy guy actually distributing profits to everyone are near zero based on his terrible management skills so far.

Just one more loss for me in the Bitcoin universe.

Actually the Titans cost the exact same as the Neptunes so there is a possibility plus the ship date for titans is Q2/Q3 so eh maybe we will see something of this after all but don't get your hopes up.

[lithod02]

It's a scam.

I lost money on this too.  By saying he upgraded to Titans he can drag this out for months longer before vanishing.  Plus they aren't even in the same price range are they?  So how could he afford to upgrade to them and still compensate everyone who purchased a percentage.

He's provided no evidence of anything and hasn't even put the list together.  Even if by some miracle he was legit and just lazy like that other dude said he was, the odds of this lazy guy actually distributing profits to everyone are near zero based on his terrible management skills so far.

Just one more loss for me in the Bitcoin universe.

Actually the Titans cost the exact same as the Neptunes so there is a possibility plus the ship date for titans is Q2/Q3 so eh maybe we will see something of this after all but don't get your hopes up.

And Titan is scrypt not sha-256
From KNC site:
Titan is our first scrypt mining product and will be shipping in Q2/Q3 of 2014.

[ici_lemmy]

And still no spreadsheet !!!

[N[e]wBie]

its not a scam guys dont worry, he is just incredibly busy and lazy. Rest easy, your money is safe with him.

How do you know that... Please explain !

thought the sarcasm would be obvious, someone who is this negligent, no references, and has ignored requests for references, and does not produce any efforts to show he has not scammed once he stopped collecting money, he is just waiting for the smoking trail to die down a bit before people realize what he has done.

[RATM69]

It's a scam.

I lost money on this too.  By saying he upgraded to Titans he can drag this out for months longer before vanishing.  Plus they aren't even in the same price range are they?  So how could he afford to upgrade to them and still compensate everyone who purchased a percentage.

He's provided no evidence of anything and hasn't even put the list together.  Even if by some miracle he was legit and just lazy like that other dude said he was, the odds of this lazy guy actually distributing profits to everyone are near zero based on his terrible management skills so far.

Just one more loss for me in the Bitcoin universe.

Actually the Titans cost the exact same as the Neptunes so there is a possibility plus the ship date for titans is Q2/Q3 so eh maybe we will see something of this after all but don't get your hopes up.

And Titan is scrypt not sha-256
From KNC site:
Titan is our first scrypt mining product and will be shipping in Q2/Q3 of 2014.

I would be up for switching to the Titan. Mining the Alt. coins is more profitable now anyway since bitcoins Difficulty has gone through the roof. At least we would have a chance of making our money back with the Titan. Hopefully.

[versterk]

I AM NOT interested in Titan, I've waited for NEPTUNE 

so if someone want to get 3 shares (1.8 Btc)

Please feel free to contact me (for one , two or all shares)

thank you
 

[theprofileth]

Can someone get lmontrose market as a scammer as it has been completely clear that he is.

[ici_lemmy]

Can someone get lmontrose market as a scammer as it has been completely clear that he is.

I've done that...
I know that will not append but just in case : I will consider delete that if he posts a detailled plan and a spreadsheet !

[darcimer]

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

Neptune performance upgrade
4/28/2014 6:48:00 PM
KnCMiner Offers Two-for-One Deal on Bitcoin Mining’s Most Powerful Machine to Loyal Customers
 
 
STOCKHOLM, DATE, 2014 — 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.
 
The company has recently announced other initiatives to engage all form of cryptominers, including the launch of a “Mini Neptune” machine (1500 GH/s, $3,495), and for all those Litecoin and Dogecoin enthusiasts, the availability of scrypt miners—the Titan (300 MH/s, $9,995) and “Mini Titan” (150 MH/s, $5,495). KnCMiner also offers cloud-hosted mining participation to existing customers. To learn more about these products and services, please visit https://www.kncminer.com.
 
About KnC
KnCMiner is the most trusted brand in Bitcoin mining. The company specializes in building leading-edge hardware that secures transactions for the distributed Bitcoin network and other digital currency pools like Litecoin and Dogecoin. KnCMiner offers a range of goods and services that allow for all levels of cryptomining participation, large and small. The company was founded in 2013 by Sam Cole, Marcus Erlandsson, Andreas Kennemar and Michael Unnebäck after the merger of ORSoC AB and Kennemar & Cole AB. The company’s leadership team has almost 30 years worth of experience in bringing excellent services and products to the global market. For more information, please visit https://www.kncminer.com.

[vleroybrown]

So can we all agreed this time it is taking is making in more and more seem like this guy is a scam. 

[lithod02]

yep reported to IC3 for fraud

[RATM69]

What is going on with this group buy? Neptune 3,000 GHS KNC Miner

Have these units been released yet? If not I thought the company said they would
host cloud mining while being built. Is that not happening?

Just ran across this.

 
 Neptune Wafers Have Left The Building


6/2/2014 9:44:00 AM

News Update On Neptune Production

We're pleased to announce that our ground-breaking 20nm chip development process is moving forward as planned.
The wafers for the first of our Neptune deliveries left the fab yesterday. Next stop is the packaging house, to turn the wafers into actual chips, so they can be mounted on our boards.
There are still a few steps to go before delivery, including power consumption measurements, thermal stress testing and general tweaking, but stay tuned as we'll soon be able to announce final delivery date for the first round of Neptune deliveries.
Graphics for our Neptune housing is being finalized as well, and we've included a sneak preview from our Art Director Robert, at the top of this post.

 

Best,

The KnC Team, Stockholm, June 2, 2014.

https://www.kncminer.com/news

[lithod02]

I hope this douche bag gets raped in jail and his ass falls off!
I will keep reporting this thread and him to the authorities till it happens!

[ici_lemmy]

Yep, the first post of this topic was almost 7 month ago and his last post was almost 2 month ago.
It's OVER.

Edit : And he no longer answer to PM !

[flexgroo]

aww i been deployed for almost a year, and looks like i have been scammed, should have known better, tobad i think btc was like 500 each when i gave him 4

Can anyone write me whats needed, if even trying to get a machine is worth it anymore?

[tempestb]

At the moment, because the Bitcoin price is so low, it's better to buy coins and hold them.  Maybe when Bitcoin rises above $500 each, it might be worth investing in hardware, but the margins are too risky and low right now to bother mining.  Unless you need some electric heat in your house. 

[versterk]

so , we've all been fucked and that's all ?