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Showing 14 of 14 results by Konnon
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Board Group buys
Re: [Closed]R17x: Black Arrow Prospero X-3 <DZMC Exclusive> $130 / 40GHS
by
Konnon
on 27/02/2014, 23:09:53 UTC
I would like a refund too please, Will PM as well.

Order #1375
1 share @ 0.20761246 BTC
TXID: 0c918eb7c3232216dbaaa3add4c8d87b95bfc79e9401833ce8df7352cea12ea2
Payout address: 1Pip66mzAhHiVQCdVq4P9HAoht5hyH7Wau
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Board Group buys
Re: [Limited Open]R17x: Black Arrow Prospero X-3 <DZMC Exclusive> $130 / 40GHS
by
Konnon
on 03/01/2014, 23:37:30 UTC
Does that mean we won't start hashing until likely June  for batch 1 orders ?
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Board Group buys
Re: [Limited Open]R17x: Black Arrow Prospero X-3 <DZMC Exclusive> $130 / 40GHS
by
Konnon
on 24/12/2013, 04:15:50 UTC
Its $100 per 2 week period, per unit.
Miners would be pointer to a pool of your choice, but we have a in house pooling coming in soon.
Any units ordered from here on out would be delivered Mid March.

New units (ones not already purchased) are in the March shipment. As of last night there were 49 shares open in the last unit we have on order for Feb.

Can you confirm whether my order is in the Feb or March order?
I placed my order in the timeframe between the two quoted messages above.  Are there any more Feb units left?

Order: #1375

1 share
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Board Group buys
Re: [Limited Open]R17x: Black Arrow Prospero X-3 <DZMC Exclusive> $130 / 40GHS
by
Konnon
on 23/12/2013, 02:40:59 UTC
Order: #1375

1 share

Txid:
https://blockchain.info/tx/0c918eb7c3232216dbaaa3add4c8d87b95bfc79e9401833ce8df7352cea12ea2

Payment Address:
1Pip66mzAhHiVQCdVq4P9HAoht5hyH7Wau

Thank you!
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Board Group buys
Re: [Open] KnCMiner Neptune(s) Shares GB6 .018 = 2.25GH per share - Batch 2
by
Konnon
on 23/12/2013, 01:17:19 UTC
Thanks. Do you know the expected time difference of delivery between batch 1 and 2 ? Weeks or months ?
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Topic
Board Securities
Re: [KnCMiningOp] Buy and sell shares.
by
Konnon
on 23/12/2013, 00:34:09 UTC
Interested in a few shares. Please PM me.
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Topic
Board Group buys
Re: [Open] KnCMiner Neptune(s) Shares GB6 .018 = 2.25GH per share - Batch 2
by
Konnon
on 23/12/2013, 00:09:58 UTC
If I buy into GB6, do I get dividends from the existing group mining before the 3rd Neptune arrives ?
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Board Group buys
Re: [InsaneBTC - CLOSED] ***PLEASE VERIFY YOUR ADDRESSES*** 4 KnC Neptune > +12TH/s
by
Konnon
on 17/12/2013, 00:35:21 UTC
These new changes are not giving me a warm fuzzy feeling anymore.

So am I going to have 60 shares @ 10Ghz or not.

As advertised the Neptune is 3 TH. So 3 TH / 390 = 7.7 GH/s
If Neptune overdelivers - which is what we're counting on it seems, then 3.9 TH / 390 = 10 GH/s
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Board Group buys
Re: [InsaneBTC - CLOSED] **PLEASE VERIFY Ur ADDRS** 4 KnC Neptune>+12TH/s THX SebJu!
by
Konnon
on 16/12/2013, 17:31:45 UTC
How many GH/s does each share get?  It is not clear at all.

Are the GH/s per share the same in #1, #2, #3 and #4?  The spreadsheet shows 390 shares in each one.

Wasn't it 10 GH/s per share?  That would be 300 per Neptune.

Please confirm.

Could someone please answer this specific question?

1) How many GH/s does each share get?

2) Are the GH/s per share the same in #1, #2, #3 and #4?  The spreadsheet shows 390 shares in each one.


I just want a simple answer.


1) 1/390 [ToTal-Neptune-HashPower]

2) 1 share #X = 1 share #Y = ... | each share = 1/1560 (atm, keep in mind PSUs and OP details) of ToTal HashPower, in other terms

3) We actually don't know Neptune's final release ToTal HashRate! Smiley


Thanks & Cheers!
-akw-

Hi, can you clarify this.

Originally there were 300 shares per machine. We don't know the final hash rate of the machines but KnC marketting says 3000 GH/s so 1 share should be roughly 10 GH/s. When the machine arrives we will find out what the real hash rate is.

Now you are saying that there are 390 shares per machine. This means the shares I paid for at 1/300 of a machine are worth less than that. I am not happy about this.

I've tried to understand the new announcement in the first post, but it isn't at all clear. Can you find someone whose english is better to explain. Or someone on this forum.

Thanks

EDITED

Let me try to clarify the logic.
My understanding is people who got in early should be rewarded with bonus shares.
People who got in early, the price of bitcoins was higher, say $1000 / BTC and the purchase of one Neptune was 16.5 BTC
People who get in later, the price of bitcoins was lower, say $900 / BTC and the purchase of one Neptune was 18.5 BTC

Because all 4 Neptunes should be arriving at the same time (time is money), it seems that with the bonus shares, the earlier folks who purchased shares should be rewarded with extra shares since they paid more when BTC was higher vs the later ones who joined for Neptune #3 and #4.

However it doesn't make sense that that promised share calculation of 1/300th of Neptune got diluted by the implementation of bonus shares.
I did join this group buy late, so I don't recall the 1/300th advertisement in the OP.  All I saw was 0.05 BTC per 10 GH/s.  Was this in the original post before?
So basically since it's split 390 per Neptune, we are now paying 0.05 BTC for 7.7 GH/s instead of 10 GH/s.  Yes we know Neptune is advertised as 3 TH/s and we are *assuming* that it will be released with a much higher hashing rate but I don't think it's correct to sell it based on *assuming* that it will be 3.9 TH/s when no one else is using this type of practice.

Perhaps a better way to do this is to refund "early folks" some bitcoins to make it fair for everyone.

anykeywhy, is my understanding correct for the reason for "bonus shares"?
Sorry the OP explanation isn't that clear, can you consider rewording it? It doesn't explain
1) why bonus shares were given out (emitted)
2) what "quotas" mean in this example
3) why balancing is necessary

Quote
Bonus Shares:
A total of 90 (45+45) Bonus shares have been emitted (by an incremental proportion with shares bought) & credited to the share-holders of the #1 & #2 Neptune orders.
That's not "perfect" balancing was done in order to save quotas by balancing number of emitted shares per machine, in order to absorb the change rate spreads & to fix a stable "universal" and definitive value for all shares emitted (and for the few to be emitted). Another main reason, beyond others, will be better explained in the next paragraph... --Fix Share value = they are more trade-
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Board Group buys
Re: [InsaneBTC - CLOSED] **PLEASE VERIFY Ur ADDRS** 4 KnC Neptune>+12TH/s THX SebJu!
by
Konnon
on 15/12/2013, 22:30:05 UTC
Mines good, thx
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Board Group buys
Re: [CLOSED - DONE!] X 4 KnC NEPTUNE >> +12TH/s = 0.05 B/Sh SebJu escrow!
by
Konnon
on 14/12/2013, 17:38:50 UTC
Sent you a PM.

Can't access the google spreadsheet - requested access.  Can anyone else access?
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Topic
Board Group buys
Re: [OPEN -36 Sh] #4th KnC NEPTUNE #1batch #1dlv > +12TH/s = 0.05 B/Sh SebJu escrow!
by
Konnon
on 14/12/2013, 02:41:50 UTC
Sent 0.1 BTC from 1Pip66mzAhHiVQCdVq4P9HAoht5hyH7Wau for 2 shares

TxID https://blockchain.info/tx/0f5b878fad3f92429478c6e75c4b555da64a043a8e3dbf5d8de5ec36ec457ed0

Thanks for organising.
Post
Topic
Board Beginners & Help
Re: Why did you come to Bitcointalk?
by
Konnon
on 13/12/2013, 22:01:38 UTC
I knew some people were involved with btc early but I disregarded them and just focussed on stocks for investing. Then came the ltc wave and I wanted to jump on the bandwagon and looked at building my own rig. But with the shortage of GPUs I decided to look at asics and here I am trying to be part of a group buy!
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Topic
Board Beginners & Help
Re: How many posts?
by
Konnon
on 13/12/2013, 21:44:48 UTC
Waiting to post so I can post in the GB section...

Hello everyone Smiley