Swedish ASIC miner company kncminer.com

[Tehfiend]

I can not and will not influence your decision, just that of course we want to underpromise and overdeliver, hence the statement in coinbase, and the fact this is 20nm we will allow for some ambiguity in timeline. This time round Sam has appeared to be generous enough to allow for the option of sleeping (except Marcus! he doesn't sleep, permanently hooked up to a caffeine intravenous drip). People have been burnt out, this is incredibly demanding, it's incredibly entertaining engineering working on the absolute edge, but one of the margins that has to be in place here is R&R so mentally everyone stays sharp. There were a number of issues that arose where upon "only if there was a little more time we could...", therefore the self imposed deadline will have a degree of flexibility, so people stay sane, and closer to the time it can be narrowed down and become more specific. That's just fair on us, no one can deny that.

Sure you can influence my decision . There's nothing wrong with setting a schedule that doesn't burn out their team. The problem is the ambiguity. Q1/Q2 is a huge variance. If they need more time then that's fine, say Q2. Saying Q1/Q2 will lead many to believe there's a chance it will come in Jan when it might not come until June. Just doesn't feel right to me.

Also sorry buddy but if the coin price crashes next year is not a justifiable excuse for a company to stomach that cost. That's your risk to take buddy. So the decision is yours...

Yes of course I would not expect that which is why they should not claim to offer refunds up to date of production since they can not guarantee that will be possible. Again it doesn't feel right because it gives people a false sense of security and many will not realize the risk because of that claim.

Regardless I have been very impressed with KNC's performance but will have to think hard on taking this gamble since the last one I made on my Jupiter did not work out (my fault, not KNC's) and that was with more concrete information.

[MikeyVeez]

I am a prior customer and can order Neptunes everything will be under your name,  PM me offers

[soy]

Buying this now with BTC locks you in at 850$/btc

if the BTC price crashes, you can get a refund

if the price stays the same, get the miner

you forgot to mention the third scenario: BTC at 2K$ by the time you get your Neptune...

Still makes Money.

sure, but a lot less then what you would have done if you kept your btc in your wallet.

One should weight the 3 options and then decide. the fact is that probably a 3TH/s machine in April will produce 0.3BTC a day (30PH/s net hash rate). 12/0.3 = 40 day, but bear in mind that diff increase every 12 days or so buy an unknown factor...

so, you're saying my Merc with an upgrade module will only be making .028btc/day next April.  Bummer.  And almost $10k is too rich for my blood.

[Templer]

I catched one!! (only one i know, but at least 1  ) Im in the the Boat for round 2   Status Paid  

Wait and lean back until next year 

[bobsmoke]

Does Knc only accepts Bitcoins as a payment method for their Neptune?

[Zaghomat]

Also sorry buddy but if the coin price crashes next year is not a justifiable excuse for a company to stomach that cost. That's your risk to take buddy. So the decision is yours...

You realize that by saying that you imply that a refund in case of btc crash is not guaranteed?

[Templer]

Does Knc only accepts Bitcoins as a payment method for their Neptune?

Banktransfer or Bitcoin via Bitpay only.

[Sitarow]

Its a gamble.

[WastedLTC]

So who is annoyed that they bought a neptune at 12.0X BTC when the going rate is around 10.5 BTC right now/

Canceling my order then placing it again.  (jk)

[eiliant]

Any logical guesses to how much a Neptune could mine?

[MikeyVeez]

Does Knc only accepts Bitcoins as a payment method for their Neptune?

No bank transfers also,  let me know if you would like to place an order as I am a prior customer and can order it.

[joeventura]

Really unhappy about this not being open to new customers. What a clusterfuck

Check your PM

[Rampion]

So who is annoyed that they bought a neptune at 12.0X BTC when the going rate is around 10.5 BTC right now/

You just do not spend Bitcoins to buy mining gear.

Did you know that I bought a 30GH/s BFL miner for almost 60 coins, that just arrived and mines 0.02BTC per day? How about that? You will think its an extreme example, but in reality that's how it plays out 90% of the times.

Nothing beats the growth potential of BTC, once you have them HOLD unless you are cashing out profits.

[Rampion]

Its a gamble.

again?

[vesperwillow]

Any logical guesses to how much a Neptune could mine?

Some estimates have been tossed around.. some are saying it will break even, maybe 2 or 3btc over at most. Some are saying it won't make half that.

BTC value is what's going to be the catalyst. If it only mines 4btc in its lifetime, but the value is 2..3..4$kUSD.. then it's done a good job.

[Sitarow]

Its a gamble.

again?

Always. Here is an example. If instead of buying 10 Jupiter units when BTC was at say $80 you used it to BUY or Keep the 900BTC @ $1000+ you can see the return is far greater.

Hindsight is 20/20

[Tehfiend]

BTC value is what's going to be the catalyst. If it only mines 4btc in its lifetime, but the value is 2..3..4$kUSD.. then it's done a good job.

If that's true then you should invest directly in BTC. I will say this again, when investing in a miner you should only determine if it will have positive BTC ROI or not, plain and simple. If it only makes a fiat profit because the exchange rate increased, then the miner did not do a good job.

[Phoenix1969]

I am heading to town to UPS out the first Jupiter right now. I'll be back in a couple hours if someone wants the other Oct Jupiter for 12 BTC theres still time to get it on the 1:30 outbound flight today.
Just send 12 BTC to my donation address below, and pm me with your address, and It can be shipped today still, for the next 3 hours.
I'll have someone monitoring, so it doesn't get sold twice...as soon as someone sends the BTC, whoever is first, will get it, and he will post it sold here immediately if it sells ...before I get back... good luck.

[Minor Miner]

I am heading to town to UPS out the first Jupiter right now. I'll be back in a couple hours if someone wants the other Oct Jupiter for 12 BTC theres still time to get it on the 1:30 outbound flight today.
Just send 12 BTC to my donation address below, and pm me with your address, and It can be shipped today still, for the next 3 hours.
I'll have someone monitoring, so it doesn't get sold twice...as soon as someone sends the BTC, whoever is first, will get it, and he will post it sold here immediately if it sells ...before I get back... good luck.

I would buy it from you BUT I actually think it would be detrimental to your health.   You would go nuts without it to tinker with and find new things.   Forget about the profit, what will you do all day if you get rid of them?

[ElGabo]

anyone paid with bank transfer before? this will be my first time doing so....seems complex. do i have to call them to see if they got the funds etc?

I did.

Just make the wire transfer parameters correct. I don't know where are you located but here in EU takes about 3-4 days till they recive the ammount. After 5 days I sent them a mail to confirm my payment. They confirmed back and changed the status paid.

It's fine, don't worry.