"Open" GB and Host for KNC Titan Miner ( with ESCROW and 0.06666BTC per share

[m3whiteknight]

   Please read UPDATE BELOW

I already purchased and paid in full for one Titan miner. So regardless of how many share sold, this
group buy still going to happen. Proof of purchase is included below.
   
   I was lucky that I paid for this miner already so the recent drop in BTC price will not affect us.
   
   Offering:
1share= 1/20 sharing in one KNC Titan. As you know one Titan cost so much
and not every one will be able to afford $10K machine so I offer this group buy here so
every miner will be able to get in the best mining hardware .

   1 share @ 1 Bitcoin = 5MH/s scrypt hashing speed minus 4% hosting fee on top of electricity
 cost( my electric rate is around 8.2 cent/KWH, very low cost)
Miner will host in air conditioned room, I may set up a web cam later so everyone can
see the miner in real time.

   we will mine as long as the miner still profitable , I will send out payment weekly
every Saturday.

   If you want to joint please send 1 Bitcoin to 16D7pmvTJQA3FkwVHz6tqCnbFMjMXqLF9A

after that reply here , PM  with the transaction ID along with your address. Please only use
the address that you have control.


   About me
 More than 14 years with Ebay and I earned purple heart with over 500 feedback with 100% possitive
Ebay user ID is Phuy9450.
I am alway open to meet in person if you local around Dallas TX.
I run my own bussiness for the last 10 years so my time is flexible and I will have more
 time devote to mining and manage miner, respond to share holder question and need.
I have been mining LTC with GPU for the last 2 years.
I also currently mining with multiple BFL Singles and Jupiters so I already have infastructure in place
(spare space, extra power line, AC unit, all miners will be on 240V power to save electricity)

In case of KNC not deliver the miner or not refund  then I will not be hold responsible for it
So far KNC been very good and I bought 2 miners from them before with no problem.
If KNC refund the order then I will forward those refund out to share holder.
  
  
We will mine LTC mainly , we only switch to other if it offer more than 20% in additional profit. Payment to share holder also will be in LTC to keep thing simple.

If you have any questions please feel free to ask


UPDATE :
March 27

I think 1 bitcoin per share may still be too expensive so I update this group buy and lower the
price per share. Here is the new calculation for 300 share


1 Titan at 250MH/s  cost 20 BTC divine into 300 shares

1 share = 0.833MH/s
1 share = 20BTC/300 shares = 0.06666 BTC

I will also request escrow from Sebju for this group buy so do not send payment now. After Sebju respond with his wallet address. You can reserve share if you like, just post it here and I will reserve for you
then I will update it here .
All fund will be hold by Sebju and he will pay KNC directly.

escrow address from Sebastian  :   1E85eJC7ZmELyw9oo3973WTARmrcFf16F5

[m3whiteknight]

resersed

to check order status go to here https://www.kncminer.com/

go to order tracking and put in  :  E04-91X6-020023


March 27 update


Quote from Sebastian:

I was asked to do the escrow for this groupbuy. I will give an address for buying shares and the OP orders the Miner. When the bitcoins are together i log into his account and pay the miner directly. After i posted the escrow address in here he will send me details about his person, like ID and so on to my email address.

The escrow address is:
Code:
1E85eJC7ZmELyw9oo3973WTARmrcFf16F5

thanks Sebastian ( please send him a tip for his service whenever you can )



You can check payment live  
https://blockchain.info/address/1E85eJC7ZmELyw9oo3973WTARmrcFf16F5

[m3whiteknight]

resersed

[m3whiteknight]

http://imgur.com/z2w25xl

[m3whiteknight]

http://imgur.com/9A1hGHx

[PhoneBloks]

Approximate date of deliver Q2/Q3 2014 ?

They promise 100mh/s of scrypt power for 10 000 usd ? ? ?

All thay have is one primitive picture which looks like to be created in windows paint ?

https://www.kncminer.com/products/titan


No offence to you, but why are you sure you will get your product ?

[m3whiteknight]

KNC always deliver more than what they promised in the past. Jupiter was around sold around 400GH and it was perform at 650GH. I bought miner hardware from Avalon, BFL and KNC in the past and so far KNC purchase is the best experience. They do ship pre order with minimal delay, oppose to Avalon and BFL.  We all know past experience will not warranty future perform but at this point KNC IS the best option.  I bought KNC Jupiter and KNC Mercury and they both make profit for me.

[semajjames]

Hi
    what do these dates mean plz  in the real calendar

Approximate date of deliver Q2/Q3 2014 ?

thanks

[AlNasti]

Hi
    what do these dates mean plz  in the real calendar

Approximate date of deliver Q2/Q3 2014 ?

thanks

Q3 would be between July 1 and Sept 31. Don't count on anything Q2(pre-July). While possible, I would think it unlikely.

[m3whiteknight]

March 27 update

lower price per share with 300 shares instead of 20 shares

Lowest price per share = 0.06666BTC  than any other GB

ESCROW requested with Sebju and all fund will be hold by Sebju

Any question please post it here or PM me any time.


Cheer

[SebastianJu]

I was asked to do the escrow for this groupbuy. I will give an address for buying shares and the OP orders the Miner. When the bitcoins are together i log into his account and pay the miner directly. After i posted the escrow address in here he will send me details about his person, like ID and so on to my email address.

The escrow address is:

Code:

1E85eJC7ZmELyw9oo3973WTARmrcFf16F5

[elviselvis101]

I was asked to do the escrow for this groupbuy. I will give an address for buying shares and the OP orders the Miner. When the bitcoins are together i log into his account and pay the miner directly. After i posted the escrow address in here he will send me details about his person, like ID and so on to my email address.

The escrow address is:

Code:

1E85eJC7ZmELyw9oo3973WTARmrcFf16F5

Hi, now that OP have paid for it to KNC, how will this deal go via you ?

[m3whiteknight]

To make thing simple we will just do like any other GB, after all shares sold Sebastian will pay for a new Titan miner . The Titan I already paid I will just keep it for personal use.

[SebastianJu]

OP sent me his driver license to prove his identity. The protection i can give as escrow reaches until i paid the miner directly in OP's KNC Account. After that point i have his driver license which serves as ID Card in the US. Thats the same workflow i did with anykeywhys KNC-GB and with his current Titan GB.

[elviselvis101]

OP sent me his driver license to prove his identity. The protection i can give as escrow reaches until i paid the miner directly in OP's KNC Account. After that point i have his driver license which serves as ID Card in the US. Thats the same workflow i did with anykeywhys KNC-GB and with his current Titan GB.

Thanks,  100% clear.

[rd1]

Sent 0.19998 BTC from 1EecnXDpZkXYAY1vkP7sJNF7zPHNjXeWTi for 3 shares

TxID b382a8557034097d95dfc7263e720e5fa27d8b3ff1124bbc06a2b2fb1c486bd7

Thanks!

[m3whiteknight]

Got your payment RD1,  you got 3 shares

[Pricoin19w]

Will this GB go through only when group contribution reach price of KNC miner or OP will add remaining amount if contribution falls short of full price. Any target date for buy?

[m3whiteknight]

Will this GB go through only when group contribution reach price of KNC miner or OP will add remaining amount if contribution falls short of full price. Any target date for buy?

if the whole 300 share is not sold I could buy the remain shares myself. That is an option. I do not set a target date to buy yet. The sooner we buy the better.