UPDATES (11-09-2014) NEW SHARES:

KfC announced today the incoming Titan shipping (starting from the next week), you can find the original news here: https://www.kncminer.com/news/news-106

In the interest of this group buy and its success, we have to get ready to receive the miners and prepare for having them fully operational.

we need to fund the buying of the necessary PSU units and to pay for the VAT that was suspended when we paid the machines (we hoped for a better btc/$ change...).

Two addresses will be written below where to collect the bitcoins for these "operations"

The amount of the VAT is 22% so, 2 X (9995 X 22%) = 2 X 2198.9 = 4397.8 $ total

The amount for the PSUs is 260 $ each so, 4 X 260 = 1040 $ total

The PSUs should cover at least 1100W per machine (4 cubes each) and let us some room for overclocking them. We thought about 2 X corsair AX860i per each machine, such PSUs, very efficient ones, have good protections against "electrical issues" and fire hazards, a lot of PCI-E connectors and will let enough room for overclocking. We are able to find each AX860i @ 198€ or 260$ shipped, new and with guarantee.

Using a "fixed" exchange rate @ 480$/BTC, the above amount are:

4398 / 480 = 9.17 BTC

1040 / 480 = 2.17 BTC

so, in order to cover the above expenses, we are emitting 131 + 31 NEW shares @ 0.07 BTC each

VAT = 9.17 = 0.07 X 131 shares

PSUs = 2.17 = 0.07 X 31 shares

VAT SHARES address: 12jhhmdLmaP9Lrc7TMzYPzQXDjfT2h8sG2

PSUs SHARES address: 1Jhjq14BmhuofDQtvbbDfiDwmhKEHRodS2


AVAILABLE VAT SHARES   131/131

AVAILABLE PSUs SHARES   31/31



Above there's a copy of the main thread update, please, join the rest of us and do your best in order to support the GB and un-block the situation... we don't have too much time and we don't want to see vanishing the efforts we did till now...

Please help this Titan GB to go further!

Thank you & Cheers!
-akw-