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Author Topic: [SOLD OUT] Ninja Group Buy #2 - ANTMiner + KNC $10/GH .35BTC=30GH [0/300]  (Read 10352 times)
JPNYC
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January 29, 2014, 10:13:44 PM
 #101

Reserve 1 more share please.

hawkeye21112
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January 30, 2014, 02:23:53 AM
 #102

put me down for 10 share.   Can I get a confirmation that there is still 10 share left.   I will make payment once I get it.   thanks.
MWNinja (OP)
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January 30, 2014, 02:49:27 AM
 #103

put me down for 10 share.   Can I get a confirmation that there is still 10 share left.   I will make payment once I get it.   thanks.

Yes there are still 10 left.
hawkeye21112
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January 30, 2014, 05:35:23 AM
 #104

paid for 10 shares TXID: https://blockchain.info/tx/1d4d5f14019b870606364480031fbae2cde3f27f82d588b395437ad9837ce1ab

I will PM dividend wallet.   Thanks
MWNinja (OP)
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January 30, 2014, 07:56:53 AM
 #105

Ok this one is all sold out.  I'll be updating the final list in the morning.  If you have reserved shares please get your payment in ASAP.
sf2
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January 30, 2014, 09:45:19 AM
Last edit: September 17, 2014, 11:38:24 PM by sf2
 #106

 Smiley
howardb
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February 01, 2014, 02:16:54 AM
 #107

When's the 1st dividend payout? and don't forget to add my solitary share to the members list.

Also, how many tries did it take you to get a wallet address with the word Ninja in it? Smiley
Kapz786
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February 01, 2014, 06:00:41 AM
 #108

Looks like the minerstats page is down for GB #2 - rest seem to be working ok
MWNinja (OP)
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February 01, 2014, 06:28:51 AM
 #109

Looks like the minerstats page is down for GB #2 - rest seem to be working ok

We hit the pool's API which does error out occasionally. The miners are connected to a private pool server, so they stay up even when the API or BTC Guild website goes down.
 
MWNinja (OP)
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February 01, 2014, 05:18:45 PM
Last edit: February 01, 2014, 05:42:52 PM by MWNinja
 #110

Dividend - Week #1
Total Earnings: 12.4BTC Payout Addr
Total Shares: 300
Hosting fees: 0
Amount per share: 0.041333
Tx Fee: .0055  Transaction

Notes: This was a great week for Group #2; we got up and hashing several days early so enjoy the extra dividend!
MWNinja (OP)
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February 09, 2014, 12:41:20 AM
 #111

Dividend - Week #2
Total Earnings: 8.2BTC Payout Addr
Total Shares: 300
Hosting fees: 0
Amount per share:   0.027333
Tx Fee: .0035 Transaction
sf2
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March 10, 2014, 08:01:51 AM
Last edit: September 17, 2014, 11:49:09 PM by sf2
 #112

 Smiley
FrankToil
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March 13, 2014, 11:24:58 PM
 #113

Hello Fellow Owners.

You might have seen my IPython notebook revenue estimator that I posted in these forums a few weeks back. I've now turned that into a standalone website that enables you to estimate your current returns from participating in the group buys.

Have a look at: http://coininaflaskopenshift-franktoil.rhcloud.com/

For your privacy, all info specific to your situation is NOT stored on the server. Rather it is stored in an encrypted cookie in your browser.

Have Fun!

FrankToil
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April 28, 2014, 07:45:19 AM
 #114

Unfortunately this group buy is no longer operating with a profit and will be wound-up.

We are winding-up this group buy, as well as group buy #1, #3, and #4.

Process for taking delivery (if you have multiples of 10 shares):
PM me for an invoice for the $99 fee, and will reply with an email address for you to send the shipping labels to. You need to provide your own shipping labels.  I'll post the exact dimensions and weight in an update tomorrow.

If you pre-paid hosting, we will return your unused hosting payment at the bitstamp rate. Give us a couple of days to let the dust settle and we'll get it out.

If you have less than 10 shares or if you don't contact me for shipping arrangements; we are buying back the shares at .035 each. We will complete the buyback on May 1st for Group Buy #1 -Group Buy #4 so please get in touch before then.
mainman1009
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April 29, 2014, 09:01:59 AM
Last edit: April 29, 2014, 09:21:17 AM by mainman1009
 #115

Was the KNC Neptune added? And if we have have less then 10 shares all we can do is sell back at .035, stinks that we have to sell back at a lose.

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For Groups #2 and #3 only, those that redeem for hardware, meeting their full obligation

What does this mean?
Kapz786
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April 29, 2014, 10:14:58 AM
 #116

Was the KNC Neptune added? And if we have have less then 10 shares all we can do is sell back at .035, stinks that we have to sell back at a lose.

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For Groups #2 and #3 only, those that redeem for hardware, meeting their full obligation

What does this mean?

You have to pay him 99 dollars and he will send you an antminer provided you own 10 shares. It's certainly a cop out given the KNC hardware is profitable and you are basically forced into selling now
mainman1009
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April 29, 2014, 11:33:46 AM
 #117

I only have 1 share in Group 2, so I guess I am stuck. Why not sell the ANT and keep the KNC and pull the hosting fees from the profits that are made from it?
tertius993
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April 29, 2014, 01:38:59 PM
 #118

I only have 1 share in Group 2, so I guess I am stuck. Why not sell the ANT and keep the KNC and pull the hosting fees from the profits that are made from it?

It's not clear there will be any profits from the KNC is it?  All they have delivered so far is one (mostly) broken Franken-Jupiter, with no indication when either it will be fixed or the others shipped.  Nor what profitability will be like once hosting and power is paid.

I should say I no longer have any involvement as I sold my shares in GB1 and 3 a while back, but I would not be counting on profits from the KNC machines.
MWNinja (OP)
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April 29, 2014, 02:53:11 PM
 #119

Was the KNC Neptune added? And if we have have less then 10 shares all we can do is sell back at .035, stinks that we have to sell back at a lose.

Quote
For Groups #2 and #3 only, those that redeem for hardware, meeting their full obligation

What does this mean?

If you are short shares you can buy up to the 10 shares at the buy back price and take delivery.  If you take delivery (on Group #2 or Group #3) you will be included in the Neptune which we will continue to operate. Abandoning the hardware and leaving it to us to liquidate isn't meeting your commitment; taking delivery is.
mainman1009
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April 29, 2014, 03:56:48 PM
Last edit: April 29, 2014, 04:10:28 PM by mainman1009
 #120

Quote
Abandoning the hardware and leaving it to us to liquidate isn't meeting your commitment

I understand this is a lot of work, but the deal you are offering us is not fare either.

.035 btc x $440/btc= $15.4 per share

10 shares equal one ANTMiner S1 ($154). ANTMiner S1 are selling for ~ $300. So, we are getting roughly half the value of what are shares are currently worth. That is not taking into account the value of  KnC Neptune(which is valued on other open Group buys at 12 btc or $5000)( 12btc/300shares= 0.04btc per share)

So, we are either forced to sell our shares for well less than half their fare market value or we have too invest, in my case twice my original investment + $99 in shipping just to get a chance to mine with a piece of hardware (KnC Neptune) I already helped pay for.

With that in mind I don't think it is unreasonable to let the share holder choose to "give" are ANTMiners to you and you would be free to mine with them or sell them for your own profit and allow us to mine with the  KnC Neptune. or Offer the shareholders a more reasonable buyback price. .07 btc + .04 btc= .11btc per share ...  Now I am not asking for that much since I know with will take a lot of your time and efforts to sell this hardware. I am trying to make a point that .035 btc does not seem fare.
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