Quote from: soniq on June 25, 2013, 06:54:59 PM

This group buy is for KNCminer Jupiter's made by (https://www.kncminer.com) company located in Stockholm, Sweden. The unit that the shares relate to is the KNC Jupiter @ 350GH/s https://www.kncminer.com/products/jupiter.

The original 450 shares for 15 KNC Jupiters have been sold out for this GB. June 16, 2013 https://bitcointalk.org/index.php?topic=226319.0

28/30 shares left

Offering 2nd Jupiter GB:

Effective June 24, 2013 Shares are 2.3 each, will adjust as USD/BTC exchange rate changes as Jupiters are priced in USD. I am not making a profit buying the Jupiter's
- 30 shares at 2.3 BTC are available
- Each share entitles the owner to 1/30th* of the BTC proceeds from the KNC Jupiter's mining 24/7 till no longer profitable or sold (less expenses and management fees)
- management fees are 2% of BTC mined after expenses are deducted.(expenses include but are not limited to, hosting, repairs, shipping, taxes)
- payment will be made to the address of the shareholder bi-weekly
- miners will be hosted at KNC facility in Stockholm, Sweden
- each Jupiter purchased in 2nd GB will be added to original 15 Jupiter GB as they are received
- *shares in this 2nd GB will receive prorated dividend payments from entire pool once Jupiter's are delivered and mining in original 15 Jupiter pool

To purchase shares:

- Send 2.3 BTC per share to address: 1GW2ReZrFWuMn71xy4efB3sxViPC3iF8ES [This address will be for this GB alone]
- 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.
-This Group Buy will be sold in lots of 30 to qualify for another KNC Jupiter
-anyone not included in another 30 share lot once GB is closed will be refunded

IN CASE OF NON DELIVERY:
- I (soniq)take no responsibility for the possibility that KNC Miner does not deliver the Jupiter miner. I(soniq) 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.
- Refunds will be given in case of non-delivery less 1% for management of GB
- this group buy will be refunded after Jan 1, 2014 if KNC Jupiter is not delivered, and KNC refunds payments
- shareholders can elect to wait further, or shareholders not willing to wait can sell their shares to existing KNCminer Group Buy shareholders

Miscellaneous:

- once Jupiters are delivered and mining shareholders can sell their shares to shareholders outside of original KNCminer Jupiter Group Buy
- shareholders can sell their shares before KNC Jupiters are delivered to buyers outside of original Group Buy but will be charged a one time .1 BTC charge for name transfer
- at my discretion I can suggest to sell KNC Jupiter at any time and majority vote by shareholders can decide to sell or not. Sale proceeds will distributed on a prorated share basis
- I (soniq) will not be responsible if KNC Jupiters do not hash at advertised rate of 350 GH/s
- Jupiter's in this GB are not guaranteed first order delivery in September, conversation with KNC estimates October delivery
- This 2nd GB will buy more than one Jupiter if there is enough interest

Why should I trust you?

- 100% positive feedback at eBay since 2002 http://myworld.ebay.ca/buglebarn/
- have done some transactions on this forum ( do a profile search, or I can PM )
- do not risk more than you can afford to lose, BTC and BTC mining preorders are high risk
- identity verified by John K https://bitcointalk.org/index.php?topic=226319.msg2404012#msg2404012
- organized a successful GB https://bitcointalk.org/index.php?topic=226319.0
- Someone asked earlier how many GH/s does each share buy? At todays rate each 2.25 BTC share buys 11GH/s

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

Name Payment address Shares

Code:

nemercry 13niA2BjbXg3p3g6YvUy1RCm79AwB9tzgc 1 *
matt4054 18hQ8PvgdST96YEKnmuyj7UEyYHt2yJLSr 1 *

* waiting for confirmation and or waiting for next buy

If you havnt already download Bit Message, will be using this for contacting shareholders about updates, payments and trading shares

Will also create an informal Skype group for casual conversation amongst shareholders

hello, why does it say, when we receive the miners, if they are being hosted at KNC? Why would their be shipping or repair costs?

Thank you.