Swedish ASIC miner company kncminer.com

[soy]

If the return on hashrate drops so quickly that Neptunes won't make ROI then it likely would make sense to take possession when it finally does ship and sell it quick.  When they first hit the market as immediately available the auction price will be quite  high.

[wpgdeez]

Im hoping that KNC will do a solid and ship with much more than 3TH.

[vesperwillow]

Im hoping that KNC will do a solid and ship with much more than 3TH.

They'll likely ship a system which can do double that.

Few consumer folks will be able to power it, however.

[Phoenix1969]

Im hoping that KNC will do a solid and ship with much more than 3TH.

They'll likely ship a system which can do double that.

Few consumer folks will be able to power it, however.

IMHO.... I think they've made it clear that efficiency was primary over gh/s due to power constraints to keep them hashing in an average home.... I wouldn't look for much over 3.2-3.5 based on O'rama's 2200-2400 watt guesstimate. Not only that, It was stated they just re-submitted the base code, so we're certainly well into Q2 for first shipment.

[wasubii]

How long would you guys be willing to pay for a 675GH Jupiter @ $2250?  What month would be your cut off point?

That is essentially how much a $10K Neptune breaks down in value @ 3TH.  Man $13K sounds like such a bad deal.  That would be $2925 for a 675GH Jupiter...in Q2?

By the beginning of Q2 $2000 is already too expensive. By late-Q2 it'll be horrible.

This whole thing seems like a really bad deal IMO.  Next diff change is 0.72 per day for 3TH down from 0.84 currently.  And nobody is getting them for a while.

If the law of supply and demand holds true, then it would make more sense to buy $20K worth of BTC now (what the Neptune pre-orders seem to be going for on eBay) before the difficulty runs away from everyone making BTC that much more scarce.  Then we begin another run to the next paradigm jump in the spot price sometime after mining blows up.

I'd guess that March/April is when people will start to figure out how pointless mining is.

SHHHHHH!!!

These things will give super duper returns.

PS - Anyone want to buy my pre-order?

[soy]

If the return on hashrate drops so quickly that Neptunes won't make ROI then it likely would make sense to take possession when it finally does ship and sell it quick.  When they first hit the market as immediately available the auction price will be quite  high.

I posted this then recalled something from this morning and went to edit the post but my cable went down.  Just digital and internet but couldn't fix my comment.  Just now up after almost 1½ hours.

Maybe the auction price on future just arrived Neptunes won't be that great given I saw something about $6/GHs group buy this morning with relatively soon delivery for Avalon2's I think.  That price will drop and by the time the Neptunes ship, the Avalon2's will be cheaper by a good deal maybe.

[Searing]

Im hoping that KNC will do a solid and ship with much more than 3TH.

They'll likely ship a system which can do double that.

Few consumer folks will be able to power it, however.

IMHO.... I think they've made it clear that efficiency was primary over gh/s due to power constraints to keep them hashing in an average home.... I wouldn't look for much over 3.2-3.5 based on O'rama's 2200-2400 watt guesstimate. Not only that, It was stated they just re-submitted the base code, so we're certainly well into Q2 for first shipment.

well i'm considering letting my "extremely early" i think i'm in the first 5 or so in 2nd batch (not customer appreciation batch) open to everyone batch Neptunes ..just send that one back and .off to KNC for my $13.2K USD back...ie refund the beast....put my share into BTC direct.

i likely will keep the very early 1st batch unit (1st 10 i think i am) and just take the chance (got to do something) I have a hard time believing that with dificutly going up and such bitcoin price will not follow etc..so even worse case senario and i have to lose a little elec $$$ vat the end of its life cycle that I would not get ROI back on that 1st batch customer appreciation Neptune...main reason for not dumping both is after KNC shoots out neptune..as far as I can tell they will be the last of this crop of miner generation floating out all of us who want to mine....it will be stand around and wait till fall for the other/next generation of miners. at 23K or some such  ..and I could get lucky  in that lull of time between this big dump of equip and mine some more coin in that lull (yeah prob not just saying)...anyway you get my drift (hoping for some flatlining between diff rises eventually don't ya know)


anyway its a hedge.....50/50 dump 2nd neptune for BTC keep 1st order neptune and mine (this is with 3 brothers so even if we get dorked it is only like $3388.66 each for us a gamble kepping the 1st neptune...so what the heck..hopefully it will have nice shiny lights ...and make soothing humming sounds

i'm such a tool

anyway that is looking like the likely senario....$3388.66 gamble on 1st unit and mine take the $4400 each on the 2nd unit refund and buy BTC ASAP

such a fence sitter I am

But with my Jupiter and if I do the above and what i've mined so far..by the time the Neptune arrives I'll be sitting on 50 BTC or so ....and have a shiny Neptune early order batch 1 arrive...ah a boy with his toy all will be well or I will dress it up to look like a tardis with wheels and pull it around on halloween

what the heck I could do worse for a gamble

anyway my likely senario on this "confusting" situation we find ourselves in with bitcoin/miners....ah the DRAMA!

Searing

[helmax]

anyone ask refund neptune?

[Searing]

anyone ask refund neptune?

further up the thread ...is a guy who got one...also others i know have gotten refunds

Searing

[Biffa]

Anyone know how to remotely setup and login to a Jupiter?

Well you would need someone there to plug it in and power it up. Not easy considering the jury rigging of the power supply needed.

After that well.. do you have remote access to a computer on the same network the miner is plugged into?

[Beans]

anyone ask refund neptune?

a more revealing question would be, has anyone NOT asked for a neptune refund...?

I'm waiting to see if they increase the hashrate. I don't see why anyone would keep their orders the way things are now.

[Biffa]

Maybe they should just do a die shrink of what they have now, stick two of them on a daughter board, 4 daughter boards in a the same case they use now, water cool it and call it Sol (cos its gonna be HOT).

That should be a quick turnaround in time for Q1 and net them close to 2 TH per box.

[Searing]

Maybe they should just do a die shrink of what they have now, stick two of them on a daughter board, 4 daughter boards in a the same case they use now, water cool it and call it Sol (cos its gonna be HOT).

That should be a quick turnaround in time for Q1 and net them close to 2 TH per box.

well imho BTC is gonna have to hit 1.5K to 2K this year at least with the amount of equip and difficulty rises....i mean it is gonna be ugly if price flatlines and/or everyone shoots their wad as far as equip in spring (and then another equip lag of next gen miners...with some punch to them... till fall as per usual) and of course the generation after cointerra and neptune is gonna be in the 20k range imho and make a lot less ...fraction of a bitcoin in my view..per day...interesting times indeed...

if btc does rise corespondingly in my view (ebay says they will take it or other noteworthy movement of acceptance of BTC) ...well .if that is not the case....i'm ....not sure that people will be interested in mining....gh cloud hosting or btc in general....may not be the end of btc ...but certainly would be quite the lull...

so imho you probably could get a neptune and get a bit more then ROI back is likley ..but looks more likely that you may get more just buying and holding btc now

of course i have no idea what i'm talking about....

Searing

[jelin1984]

  :)i am sure that knc will have 20nm at time

[Searing]

i am sure that knc will have 20nm at time

I too assume they will be as prompt as possible...it is all the other equip makers dumping at the same time not to mention the clones worldwide that has me scratching my head

[jelin1984]

also any news when will be for sell the upgraded module???

[faetos]

anyone ask refund neptune?

yes, on both of my orders. going to buy btc with it instead.

[jelin1984]

what batch was the order that you had cancel?

[faetos]

what batch was the order that you had cancel?

1st batch.

[jelin1984]

And why you cancel it
..?