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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3050099 times)
vesperwillow
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November 26, 2013, 03:02:33 PM
 #23441



..ok, and? That's what we already know

sbfree
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November 26, 2013, 03:03:10 PM
 #23442

Got to be in it to Win it.

#1116x  1 x Neptune.


 Wink

I wonder if order numbers start at 11000, and will go to 12500?
blastbob
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November 26, 2013, 03:03:46 PM
 #23443

Sorry guys but this is a crappy deal all over, but please feed the Swedish industry, they don't have the oil Smiley



* Possible data input errors Smiley

Bitrated user: blastbob.
sickpig
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November 26, 2013, 03:06:34 PM
 #23444

how many coins do you guys think it will generate overall for 1 Neptune and how long will it take to break even when it delivers

Suppose you'll be able to start hashing the first of april (*) and taking into account the estimate made here by D&T (https://asktom.cf/index.php?topic=283820.0)
we should have almost 30 PH/s network hash rate. that means a difficulty of circa 4.285 billion, let say 5 billion just to be sure. At that diff level will produce 0.3017 a day.

I leave the rest as exercise for the readers Tongue

(*) first of april it's quite optimistic estimate.

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
PenAndPaper
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November 26, 2013, 03:06:43 PM
 #23445

Is this the mother of all preorders?  Roll Eyes
I 'm stunned by the amount of people that rushed to click the order button, like it's just a cinema ticket or something...
murraypaul
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November 26, 2013, 03:08:06 PM
 #23446

Got to be in it to Win it.

Quote
Joshua: A strange game. The only winning move is not to play.

BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW
SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
vesperwillow
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November 26, 2013, 03:09:47 PM
 #23447

how many coins do you guys think it will generate overall for 1 Neptune and how long will it take to break even when it delivers

Suppose you'll be able to start hashing the first of april (*) and taking into account the estimate made here by D&T (https://asktom.cf/index.php?topic=283820.0)
we should have almost 30 PH/s network hash rate. that means a difficulty of circa 4.285 billion, let say 5 billion just to be sure. At that diff level will produce 0.3017 a day.

I leave the rest as exercise for the readers Tongue

(*) first of april it's quite optimistic estimate.

Here's the estimate thread I've been a part of, particularly the first round results (I was nearly to the penny on the estimate): https://asktom.cf/index.php?topic=272768.msg3409229#msg3409229

And my next projection: https://asktom.cf/index.php?topic=272768.msg3442350#msg3442350

And for anyone who can do basic math, yeah April is going to be a shitfest for difficulty. This is why I don't understand folks are thinking first month mining will be 12.. 15.. 20 btc.

bbxx
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November 26, 2013, 03:09:54 PM
 #23448

very bad deal imho.

for knc product september delivery is half october

Q2 is half june

what for pay so much and pray for the next 6 months ? or more ?

to be first in the line ?
to have miner one month sooner (but maybe 5x more expensive like it was in jupiter 1/2)

ridiculous.

vesperwillow
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November 26, 2013, 03:12:00 PM
 #23449

The best method is to do exactly what folks on ebay are doing.. ebay/resell for 2..3...7x the original cost.

KNC should've kept a "home user" product line along with the "commercial" model. The latter will most assuredly hash more than 4TH, I bet 6TH.. but most home-users can't power that.

Doing another NRE allows them to pad the cost as well.

It's good to be the shovel retailer in a gold rush.

FeedbackLoop
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November 26, 2013, 03:12:41 PM
 #23450

Lol i get 255$ for UPS in EU, how many gets USA folks
 
And yes there is only btc payment, no way

There is bank transfer but they provide no re-assurance that you will keep your place in line with that option. One would assume from the last time that it is the case though.


 
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November 26, 2013, 03:15:26 PM
 #23451

Yes folks, the Neptine is a terrible deal.... Don't do it!
You are better off buying my October Jupiter for 12k right now,
and letting Me take the risk!......     Grin
Going for much more on EBay


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sickpig
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November 26, 2013, 03:18:38 PM
 #23452

how many coins do you guys think it will generate overall for 1 Neptune and how long will it take to break even when it delivers

Suppose you'll be able to start hashing the first of april (*) and taking into account the estimate made here by D&T (https://asktom.cf/index.php?topic=283820.0)
we should have almost 30 PH/s network hash rate. that means a difficulty of circa 4.285 billion, let say 5 billion just to be sure. At that diff level will produce 0.3017 a day.

I leave the rest as exercise for the readers Tongue

(*) first of april it's quite optimistic estimate.

Here's the estimate thread I've been a part of, particularly the first round results (I was nearly to the penny on the estimate): https://asktom.cf/index.php?topic=272768.msg3409229#msg3409229

And my next projection: https://asktom.cf/index.php?topic=272768.msg3442350#msg3442350

And for anyone who can do basic math, yeah April is going to be a shitfest for difficulty. This is why I don't understand folks are thinking first month mining will be 12.. 15.. 20 btc.

what do you about 30 PH/s estimate for the end of March 2014?

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
sickpig
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November 26, 2013, 03:19:26 PM
 #23453

Lol i get 255$ for UPS in EU, how many gets USA folks
 
And yes there is only btc payment, no way

There is bank transfer but they provide no re-assurance that you will keep your place in line with that option. One would assume from the last time that it is the case though.

Where did you read that? Did you call them ?

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
xstr8guy
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November 26, 2013, 03:21:09 PM
 #23454

If you're on the fence, you'd better make up your mind quick!  I woke up just in time and got order #113xx.

And for those of you comparing early batch Cointerra and HashFast to this deal... those buyers paid a hell of a lot more than 12 BTC for their orders.

And I can guarantee that you could sell your KNC preorder on eBay this moment for double what you just paid, lol.
bobsag3
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November 26, 2013, 03:21:29 PM
 #23455

Lol i get 255$ for UPS in EU, how many gets USA folks
 
And yes there is only btc payment, no way

There is bank transfer but they provide no re-assurance that you will keep your place in line with that option. One would assume from the last time that it is the case though.

Where did you read that? Did you call them ?
What? If I pay with a wire... they might not hold a place? Proof please...
Zaghomat
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November 26, 2013, 03:21:42 PM
 #23456

Very bad deal. Assuming 1 april delivery and 30% difficulty increase per jump  (might be less but not by much), this unit will never ROI. Maybe the diffuculty will be lower than that but you can't be sure of the delivery date
Wesly
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November 26, 2013, 03:22:43 PM
 #23457

how many coins do you guys think it will generate overall for 1 Neptune and how long will it take to break even when it delivers

Suppose you'll be able to start hashing the first of april (*) and taking into account the estimate made here by D&T (https://asktom.cf/index.php?topic=283820.0)
we should have almost 30 PH/s network hash rate. that means a difficulty of circa 4.285 billion, let say 5 billion just to be sure. At that diff level will produce 0.3017 a day.

I leave the rest as exercise for the readers Tongue

(*) first of april it's quite optimistic estimate.

Here's the estimate thread I've been a part of, particularly the first round results (I was nearly to the penny on the estimate): https://asktom.cf/index.php?topic=272768.msg3409229#msg3409229

And my next projection: https://asktom.cf/index.php?topic=272768.msg3442350#msg3442350

And for anyone who can do basic math, yeah April is going to be a shitfest for difficulty. This is why I don't understand folks are thinking first month mining will be 12.. 15.. 20 btc.

what do you about 30 PH/s estimate for the end of March 2014?

I think 30PH/s is a good estimate and it will be much harder to double the network at that point (10,000 Neptune), so worse case at an average of 60PH total network a single Neptune will mine an average of 0.15 BTC/day for a while, probably 90 days to ROI.
Searing
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November 26, 2013, 03:23:05 PM
 #23458

they hold my spot in line for 7 days for bank transfer right?
I don't see how since it only shows BTC as payment, but good luck.....
bank to exchange for BTC?.... yes if there are some left...
I especially like the fact that new custies will pay more... Smiley
I know I'm near the first ones this time..... yahooo!
set the chime on the page monitor up so loud I flew out of bed when it went off at 4am!....hahahaha

er not sure what to make of this .but I paid with paypal from my account page....I cleared it with AMEX first because it was over 10k...they cleared it with Paypal and it went thru as paid by paypal and confirmation letter as paid email by knc...slick right thru the order page on the knc web site my account just scrolled down to paypal...no issues

so then I get on my email like 10min later and it says no paypal

I contacted KNC about this as to not to lose may place in line should it get jerked

but anyway....that option did work as of 10 min ago

(jeez story of my life half ass backing into stuff)

Searing


Old Style Legacy Plug & Play BBS System. Freeware! Get it from www.synchro.net. Updated 3/3/25. It also works with Windows 11 and Linux. Allows 16 bit DOS game doors on the same Win 11 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
lemonte
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November 26, 2013, 03:23:25 PM
 #23459

Has anyone received a shipping notification for current batch stuff today?

vesperwillow
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November 26, 2013, 03:24:01 PM
 #23460

Yes folks, the Neptine is a terrible deal.... Don't do it!
You are better off buying my October Jupiter for 12k right now,
and letting Me take the risk!......     Grin

Haha.. I wish, I would love to do it.. $6k maybe, but not 12 lol..

For Neptune, BTC would have to be worth more than $5kUSD in April for it to be a good venture. Of course, simply holding your 10BTC now would put you ahead of the game.

I would be willing for a $5k product, but this is just too much, especially when the competition is planning to sell 100gh for less than $100 by first quarter, using 28nm technology.

Seems like KNC is leaning hard toward datacenter models, leaving other companies to deal with the individuals.

what do you about 30 PH/s estimate for the end of March 2014?

I haven't made my final projections for March yet (not till December), but I wouldn't be surprised. Cointerra's smallest first batch was over 2PH, they opened up 3 more batches since then for even more (i think 5PH each?). If ONLY Cointerra ships, we'll be close to that projection.

As it is, KNC's 2nd gen are about to kick the neighborhood difficulty square in the nuts within days..

And for those of you comparing early batch Cointerra and HashFast to this deal... those buyer paid a hell of a lot more than 12 BTC for there orders.

No.. $5k for January/Feb/March batches..

And I can guarantee that you could sell your KNC preorder on eBay this moment for double what you just paid, lol.

Yup.. Mercury's are going for $6k right now

I think 30PH/s is a good estimate and it will be much harder to double the network at that point, so Neptune will mine at least 0.15 /day for a while, probably 90 days to ROI.

Hard to double the network? All they have to do is ship more units. Keep track with the preorders and shipped batches much lately? Sounds like you haven't.

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