Quote from: the_joey_o on November 26, 2013, 07:56:21 PM

Hey everybody,
I'm looking for 1-3 people to go in a KNCMiner Neptune with me and theGECK. The unit costs $9995. Here are the specs for the unit:
Neptune is our first 20nm product and will be shipping in Q1/Q2 of 2014.
The stats and performance that we can release today are Minimum 3000GH/s of hashing speed that 3TH Over 5 times the speed of our first Jupiter release (we reserve the right to increase this as we get closer to shipment)
A 30% reduction in watts per GH
Based on the existing Jupiter design (See photo, however this may change as development progresses)
Shipment begins in Q1/Q2 of 2014
Bitcoins first ever 20nm miner bought to you form the company who shipped the first 28nm bitcoin miner
Limited batch of 1200 units,
Existing customers only can buy at this price other batches will be released later to non-existing customers at a higher price.
These items will be on sale for two weeks at this price or until it has sold out whichever comes first
Payment for this product is bitcoins and bank transfer only.
All refunds will be refunded in dollars and you can refund up to shipment

Here's our terms:
We'd like to split it evenly with whomever would like to go in with us (limited to a maximum of 5 people including theGECK and myself), minus a .5% management fee. The hardware will be insured, run on a surge-protected battery-backup. I do IT support for a living (my company is Rommy IT www.rommyit.com), so I know my way around computer equipment. We will decide the pool to use after everybody has signed up. Cost for any extra needed equipment (power supply, APC surge protector / battery backup) will be deducted from the first payout. Cost for electricity will be deducted from all payouts. Payouts will be distributed once per month. Those who are interested can either post here or PM me.

Thanks!

Quote from: the_joey_o on November 27, 2013, 01:06:18 PM

Okay. So, I did the math:
We're selling up to 3 shares.
Each share is worth 19.9% of the mining profits (profits are the total mined BTC, minus the expenses listed in the first post).
Each share costs $2023.034 USD (payable in the equivalent amount of BTC as set by bitpay). (The total cost of the miner, with shipping and everything was $10,166.)

Let this be the public record that I have agreed to purchase 1 share of this group buy, which is equal to 19.9% of all mining revenue (minus electricity and other costs directly related to this miner).

the_joey_o has indicated he would like payment at 16bH8VuvsXNoQcBsGXtCAo66wSk3ipQDmF. Once the_joey_o confirms publically that he agree to the terms. I will send 2023.034 USD (in BTCs) at bitpay rates to that address.

I will be receiving payments at 14NhxJv51ffTwo42fXjLSq1mhN5YK2D9e6 which will serve as proof that I am being paid. My payment will NOT be coming from that address but multiple addresses.

Thanks,

TJ

Signed with my receiving address: HOU1E3WIMI6L2je5xmoor4qIkwJCQA34FdAbv8b0NwFIhMtHN7TGswM1RLYUXPxKxUeN2ginkW4QWTb 9kuF2d9s=