I would like to reserve one 1/10th share. Is there a hosting fee and/or electricity costs deducted from the payout total?
Hey Mogu:
Just want to know the same before I send payment.
Also, you have already ordered this upfront, correct?
The miner hasn't been ordered yet as I'm sure has been mentioned before, once all shares are sold the miner will be purchased.
Sadly when the thread was moved from the group buy section things seemed to slow down A LOT, I was expecting 2 or 3 days max then I would order the miner (estimates are from the rate the first few shares were reserved and sold in the group buy section as I was the first group buy for a Titan on tis board).
I'm currently doing this all from a hospital bed now and have been here for the last 7 days after having surgery last Tuesday (fun stuff).
All funds are protected and safe, but as the Bitcoin price has lowered somewhat since I started this group buy, we simply have to wait till it rises or as I have said before people can always request their Bitcoin back if they wish up to the point of order from KNC.
There is no hosting fee taken from your payments, you and all other group buy members shall receive 1/10th of the entire proceeds from the miner (assuming no 5mh shares are bought by someone for a 1/20th stake, which currently none have been).
As I own one share myself I do no charge any fees for hosting or electricity, afaik I am the only group buy organiser who does this, I may be wrong on that though as I don't go around reading every thread these days.