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Title: KNCMiner Neptune 3TH miner $9,995 Post by: bigb159 on November 26, 2013, 02:44:03 PM Just got this email.
I'm not convinced that mining hardware will ever lower down to an appropriate price point. Quote All We have an exciting update for you all today, in 2014 we will be shipping our 20nm product called Neptune. We are aware more now than ever, that the demand for our product is large with bitcoin prices rising to all-time highs. The lack of available companies in the market place who can actually design, produce and more importantly ship increases the demands for our products as we are the only company who has shipped a 28nm product. We will once again take the bitcoin mining hardware to the next level. Our first offering at 20nm is called Neptune following the naming convention from our 28nm range. It will have the following basic specifications. Minimum 3000GH/s of hashing speed that 3TH (Over 5 times the speed of our first Jupiter release) (we reserve the right to increase this as we get closer to shipment) A 30% reduction in watts per GH, Shipment begins in Q1/Q2 of 2014, Bitcoins first ever 20nm miner bought to you form the company who shipped the first 28nm bitcoin miner, Limited batch for registered customers only, Existing customers only can buy at this price other batches will be released later to non-existing customers at a higher price. These items will be on sale for two weeks at this price or until it has sold out. Payment for this product is bitcoins and bank transfer only. The product is now available for purchase in our shop, If you are a registered customer you can order and pay for it today. Here at https://www.kncminer.com/categories/miners There is a limited supply at this introductory price as a reward to our existing customers who have been with us before. Thanks KnC Team Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: mvidetto on November 26, 2013, 02:54:45 PM Yea it does sound a little high for Q1/Q2...
Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: Rluner on November 26, 2013, 03:00:10 PM Shipment begins in Q1/Q2 of 2014. I'm not even going to waste my time calculating the difficulty level at the end of June 2014, however I'm sure there will be no profit in this setup. "I bird in the hand is worth two in the bush", in bitcoin terms maybe ten in the bush. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: titomane on November 26, 2013, 03:05:13 PM More than 5000-6000$ is excessive. Difficult raise to more than 1000 millions when I receive my jupiters difficult was 187 millions. +5x diff -5x hashrate Less than original price of Jupiter.
When 2000 Ghs cost 4999$ delivery date 2/2014 & only 1050w http://www.blackarrowsoftware.com/store/prospero-x-3.html 5 Jupiter consumption more than 3000w. 30% less is 2100w 2 X3 are 2100w & 4000ghs I'm jupiters owner. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: niothor on November 26, 2013, 03:11:07 PM Probably at current difficulty raise it won't ROI , but still it's nice to see some new pieces of hardware.
And from company that actually shipped a few miners , not ponies like others. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: sniffinpoprocks on November 26, 2013, 03:13:19 PM This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months...
crappy... KNC were the leaders in price/performance, now there just cashing in like the rest. Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining? Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: niothor on November 26, 2013, 03:15:36 PM This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months... crappy... KNC were the leaders in price/performance, now there just cashing in like the rest. Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining? If you think btc would go to 3k , wouldn't it be safe to buy btc rather than pre-order a miner? Same dilemma as ever. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: mvidetto on November 26, 2013, 03:21:14 PM This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months... crappy... KNC were the leaders in price/performance, now there just cashing in like the rest. Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining? If you think btc would go to 3k , wouldn't it be safe to buy btc rather than pre-order a miner? Same dilemma as ever. It would be nice to have a more concrete date. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: de_ixie on November 26, 2013, 03:23:51 PM Not convinced on that one ???
Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: mvidetto on November 26, 2013, 03:30:20 PM I mean why would we buy this when we can buy a cointerra march shipment for less? AND THEYRE GOING TO INCREASE THE PRICE????!?!??!?
Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: hakeriukasx on November 26, 2013, 03:33:40 PM too expensive :o :o :o :o :o
Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: MikeyVeez on November 26, 2013, 03:37:37 PM PM me offers if you want to order Neptune I am a prior customer and can order them
Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: SlyFoxy12 on November 26, 2013, 03:47:34 PM PM me offers if you want to order Neptune I am a prior customer and can order them Same here, can't likely raise that kind of capital to get one myself but seems a waste of my abilities as a previous customer. It's a shame they're not make some in between models like previously as I bought a mercury previously and would of been happy to get just a new one with 2 cores, even better if they had stuck to there promise of making their hardware upgradable. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: MikeyVeez on November 26, 2013, 04:03:29 PM PM me offers if you want to order Neptune I am a prior customer and can order them Same here, can't likely raise that kind of capital to get one myself but seems a waste of my abilities as a previous customer. It's a shame they're not make some in between models like previously as I bought a mercury previously and would of been happy to get just a new one with 2 cores, even better if they had stuck to there promise of making their hardware upgradable. This is their supposed last consumer product as people will barley be able to run these in their homes. Looks like bitcoin is going to become centralized. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: Paladin69 on November 26, 2013, 04:17:48 PM PM me offers if you want to order Neptune I am a prior customer and can order them Same here, can't likely raise that kind of capital to get one myself but seems a waste of my abilities as a previous customer. It's a shame they're not make some in between models like previously as I bought a mercury previously and would of been happy to get just a new one with 2 cores, even better if they had stuck to there promise of making their hardware upgradable. This is their supposed last consumer product as people will barley be able to run these in their homes. Looks like bitcoin is going to become centralized. Yeah, they did say it would be for commercial only yesterday, or o'rama said so anyways. I'm not interested. I'm out. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: niothor on November 26, 2013, 04:21:23 PM 10k $ for a June shipping for 3TH/s device? damn people are really going craaazy. If the preorder is sold out soon, I am done with this world. I mean really? HF preorder number 4 is almost full (March delay) and they haven't shipped anything. So , why not this one? Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: yrtrnc on November 26, 2013, 09:15:48 PM Minning tech is getting better. Which is upping the difficulty. But not as much as the leap from fpga's to ASICS. That wont happen again. At least for a long time. The next would be minning using quantum computing. Which looks highly unlikely in the near future.
So dont expect to see major difficulty increases. Not many people will bother with minning. Most will just buy and sell. So there may be a future for mining. But, the way its looking right now. Just invest the 10K in buying bitcoin and you'll make more. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: AvenG on November 26, 2013, 09:24:22 PM This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months... crappy... KNC were the leaders in price/performance, now there just cashing in like the rest. Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining? +1 I'm also out.. too expensive. It 'll never going to ROI ! KnC is a capitalist company focused only on profit. It doesn't support open source projects.. They never showed us respect for being "valuable customers" any single time. They have been taking advantage on us with their high marketing skills since the first day. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: fadu4u on November 26, 2013, 09:40:31 PM not gonna buy that
just buy BTC. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: philipma1957 on November 26, 2013, 09:44:17 PM This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months... crappy... KNC were the leaders in price/performance, now there just cashing in like the rest. Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining? +1 I'm also out.. too expensive. It 'll never going to ROI ! KnC is a capitalist company focused only on profit. It doesn't support open source projects.. They never showed us respect for being "valuable customers" any single time. They have been taking advantage on us with their high marketing skills since the first day. So a company that shipped its first product less then 30 days late. and shipped it at 500+ hash not 350+ hashed fucked us over? what world are you living in? Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: Slander on November 26, 2013, 10:01:01 PM I'm spending my 10k$ on crack and hookers :P
Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: CoinGeneral on November 26, 2013, 10:03:37 PM Here's the plan of KNC Miner company:
Step 1) Sell ridiculously overpriced hardware that won't ROI the buyer Step 2) Use that money to make more hardware for ourselves Step 3) Make a thousand hundred million of these machines and mine BTC for ourselves Step 4) ??? Step 5) MONOPOLY But not really. They have competition against the other companies as well, so it's whichever company emerges on top that becomes the monopoly. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: Syke on November 26, 2013, 10:12:29 PM http://www.tsmc.com/english/dedicatedFoundry/technology/20nm.htm
Quote TSMC's 20nm process technology can provide ... 25 percent less power than its 28nm technology Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: tex4ever on November 26, 2013, 11:26:25 PM Sorry guys, but this is the reason why American people pay 23000 Dollars at ebay for Jupiters and Germans only 10000 Dollars. You are not able to think into the future. And by the way, this is the reason, why the bitcoin is now 1000 Dollars worth, because all the American people are not able to calulcate, just want to have the money.
All Jupiters will be late Q1 worth like a BFL Jalapeno -> nothing -> so they will stop working.... All Saturns, Mercurys, Avalons, Bitburners also... Only Cointerra, BFL Monarch and KnC Neptune will be the winners -> so it will be the same like now with the Jupiters. Everybody will say: What the fuck: 1000 Dollars? What the fuck: 23000 Dolars for a Jupiter, it was 5000 Dollars in the November preorder??? LOL, you guys will see...bitcoin is making crazy everybody, or did you imagine that a fucking nothing will be worth 1000 Dollars???? So why not the Neptune.... Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: -ck on November 26, 2013, 11:29:02 PM I'm sure there will be no profit in this setup. Sure there will. I can guarantee you KnC will make a very nice profit from these.Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: rampalija on November 26, 2013, 11:30:38 PM it would be nice to have one of those miners right now :D
Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: tex4ever on November 26, 2013, 11:41:34 PM My motto: When everybody is against an approach, the approach is right. ;-)
Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: rampalija on November 26, 2013, 11:44:06 PM This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months... crappy... KNC were the leaders in price/performance, now there just cashing in like the rest. Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining? +1 I'm also out.. too expensive. It 'll never going to ROI ! KnC is a capitalist company focused only on profit. It doesn't support open source projects.. They never showed us respect for being "valuable customers" any single time. They have been taking advantage on us with their high marketing skills since the first day. it could ROI if you can get it tommorow :D Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: CMMPro on November 26, 2013, 11:54:20 PM There is literally no permutation of the mining calculator that turns a profit with these units.
They are completely off their rocker this time. These won't make a profit if they are delivered by April and cost only $1000. I would say based on their past performance of June-Oct (5 months), that April is realistic for delivery. This is why they have Q1/Q2 delivery listed. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: skleven on November 26, 2013, 11:55:29 PM That was kida expencive when shipping may be as late as june... :-\
I`ll build my own bitcoin-miner.. with blackjack.. and hookers.. in fact.. forget the miner! Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: rampalija on November 27, 2013, 12:01:40 AM That was kida expencive when shipping may be as late as june... :-\ I`ll build my own bitcoin-miner.. with blackjack.. and hookers.. in fact.. forget the miner! hahaha and some texas holdem poker :D Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: tacotime on November 27, 2013, 12:04:17 AM I'm sure there will be no profit in this setup. Sure there will. I can guarantee you KnC will make a very nice profit from these.:D Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: rampalija on November 27, 2013, 12:11:04 AM I'm sure there will be no profit in this setup. Sure there will. I can guarantee you KnC will make a very nice profit from these.:D loool Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: johnyj on November 27, 2013, 12:17:30 AM I'm thinking that maybe it is a good idea to get a fiat loan for the miner, and hold the bitcoin at mean time
Of course I can also purchase the coin directly with the loan, but to be able to play around with 3TH next year will be fun However, the power consumption is really a concern, only data center have that kind of capacity, special line have to be arranged for that rig in normal apartment, and the cable might catch fire if other electronic devices are also running Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: Beans on November 27, 2013, 12:31:09 AM However, the power consumption is really a concern, only data center have that kind of capacity, special line have to be arranged for that rig in normal apartment, and the cable might catch fire if other electronic devices are also running Did they say it's only one power supply? I would think it would just be two power supplies. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: johnyj on November 27, 2013, 12:41:18 AM However, the power consumption is really a concern, only data center have that kind of capacity, special line have to be arranged for that rig in normal apartment, and the cable might catch fire if other electronic devices are also running Did they say it's only one power supply? I would think it would just be two power supplies. Or maybe 3. In my newly built apartment (2011), one single power line is 10A at 230V, which makes it 2300W maximum (except for the kitchen where one line can have 16A maximum). And, all the devices added together should not be over 25A, otherwise the main circuit break will be triggered. This means anytime I'm cooking or washing the cloth at the same time, I might need to shut down the mining rig :-\ Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: PenAndPaper on November 27, 2013, 12:47:02 AM The fact that people preorder this things in dozens, so it can be delivered to them after 5 months, really beats me. ::)
5 months is like 50 years in crypto currency time... Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: descarte on November 27, 2013, 12:50:54 AM The fact that people preorder this things in dozens, so it can be delivered to them after 5 months, really beats me. ::) 5 months is like 50 years in crypto currency time... agreed. knc probably miscalculated on this offer eventhough i agree they are one of the more reliable asic sellers out there. my feeling is that the difficulty will rise beyond belief by then. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: rampalija on November 27, 2013, 08:05:44 AM The fact that people preorder this things in dozens, so it can be delivered to them after 5 months, really beats me. ::) 5 months is like 50 years in crypto currency time... 500 years if you ask me Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: SlyFoxy12 on November 27, 2013, 09:41:16 AM The fact that people preorder this things in dozens, so it can be delivered to them after 5 months, really beats me. ::) 5 months is like 50 years in crypto currency time... agreed. knc probably miscalculated on this offer eventhough i agree they are one of the more reliable asic sellers out there. my feeling is that the difficulty will rise beyond belief by then. Will it though, who else is putting miners reliably out there which as much power as KnC's first gen models let alone with plans for new devices that compare to their second gen models like neptune? Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: sl877 on November 27, 2013, 09:42:21 AM im going to offer something here, i just did a calculation..
2 TH/s 2.5 billion diff 900 USD/ 1 BTC $10,585 profit per month http://www.bitcoinx.com/profit/ so all you guys think were going to be well over 2 billion by halfway thru next year?? i may be way off the mark looking at the replies in this thread but $10,000 for 2TH/s doesnt look that bad to me.. ROI in 6-8 weeks at most it seems like Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: johnyj on November 27, 2013, 09:48:18 AM Their current product is against the distributed nature of bitcoin, a few large data center might command more than 50% of the network if this trend continues
Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: johnyj on November 27, 2013, 10:08:56 AM im going to offer something here, i just did a calculation.. 2 TH/s 2.5 billion diff 900 USD/ 1 BTC $10,585 profit per month http://www.bitcoinx.com/profit/ so all you guys think were going to be well over 2 billion by halfway thru next year?? i may be way off the mark looking at the replies in this thread but $10,000 for 2TH/s doesnt look that bad to me.. ROI in 6-8 weeks at most it seems like That's a too simplified calculator (without difficulty increase projection) There is no possibility for ROI under a 20% increase in each difficulty adjustment --- http://mining.thegenesisblock.com/ And there are other uncertainties, depends on how fast avalon, BFL and bitfury pushing out their next generation devices. There are rumors that Avalon will deliver a 20nm product without the need for pre-order Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: PenAndPaper on November 27, 2013, 11:41:38 AM Their current product is against the distributed nature of bitcoin, a few large data center might command more than 50% of the network if this trend continues Buying that product might be against common sense but i don't think that has anything to do with bitcoin's nature per se. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: fazz on November 27, 2013, 12:14:46 PM Mercury was also BARELY gonna hit ROI when it was released.
I think you need to factor in the expected price increase. Which of course is speculation, but long term, it will most likely be profitable by a large margin. It all depends with perspective you approach your look at your mining "investment" Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: yrtrnc on November 27, 2013, 12:36:43 PM Mercury was also BARELY gonna hit ROI when it was released. I think you need to factor in the expected price increase. Which of course is speculation, but long term, it will most likely be profitable by a large margin. It all depends with perspective you approach your look at your mining "investment" But again, if the price will increase that much then you might aswell just invest by buying coins. Litecoins or bitcoins Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: PenAndPaper on November 27, 2013, 12:51:12 PM I think you need to factor in the expected price increase. Which of course is speculation, but long term, it will most likely be profitable by a large margin. It all depends with perspective you approach your look at your mining "investment" You should compare an investment in asics against buying bitcoins directly. When you buy an asic you just buy bitcoins that are going to get credited to you over time. (of course asics can mine some altcoins to but thats trivial so far) Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: GaliX on November 27, 2013, 12:55:39 PM wasn't it like always the point that people said you will nerver get ROI ?
It was said in the GPU times, now even Asic miners will never get ROI. I would say, if you have the money I would give it a shot. It will most likely pay out. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: niothor on November 27, 2013, 02:42:30 PM wasn't it like always the point that people said you will nerver get ROI ? It was said in the GPU times, now even Asic miners will never get ROI. I would say, if you have the money I would give it a shot. It will most likely pay out. Actually I don't remember this being said about gpu mining. And with a gpu you can do some other things , also people had videocards before even hearing of mining. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: Pellefot on November 27, 2013, 05:00:57 PM I've also got a preorder spot that i wont use. Im in the 1-500 group of first gen buyers. PM if interested, i prefer another Swede like me so we can trust each other maximum.
Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: MikeyVeez on November 27, 2013, 05:17:08 PM I am an existing customer you can order here from me, no upcharge or fee. I have done this with people before.
Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: aerobatic on November 27, 2013, 07:25:18 PM Their current product is against the distributed nature of bitcoin, a few large data center might command more than 50% of the network if this trend continues Johnny, thats ridiculous. Just because people choose to put their miners in a datacenter instead of in their home doesn't change the decentralised nature of bitcoin. The miners will still be owned by a large and decentralised ownership.... the location isn't thats important, its the ownership. and anyway, there are thousands of data centres in the world. they will compete for people's business of where to put their miners, in a free market economy. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: Syke on November 27, 2013, 07:48:08 PM so all you guys think were going to be well over 2 billion by halfway thru next year?? 1 billion by end of year, 2 billion by end of Feb. There's no way they'll ship by then. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: jungle_dave on November 30, 2013, 01:25:39 PM Yes folks, lets try to remember that every egg is a chicken on pre-order.
KnC made in the area of 56 mil. off the sales of their equipment. They did a good job bringing this to market on time and only had a small delay in shipping. That said they had horrible problems with faulty electronics, defective chips and such but they did do better then most to fix that. The problem is, given they have the profits from a successful launch why do they need to raise money from preorders? Personally I don't like this model for the general consumer, it makes sense for big companies with exclusive contracts but even in that model there are huge risks. It makes more sense to invest in a company that mines with a salad of technologies then to be a home miner now. Just my 2 satoshi's Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: blastbob on November 30, 2013, 01:56:36 PM This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months... crappy... KNC were the leaders in price/performance, now there just cashing in like the rest. Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining? +1 I'm also out.. too expensive. It 'll never going to ROI ! KnC is a capitalist company focused only on profit. It doesn't support open source projects.. They never showed us respect for being "valuable customers" any single time. They have been taking advantage on us with their high marketing skills since the first day. +10 Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: Teodor on March 04, 2014, 06:54:40 AM More than 5000-6000$ is excessive. Difficult raise to more than 1000 millions when I receive my jupiters difficult was 187 millions. +5x diff -5x hashrate Less than original price of Jupiter. Does anyone got those Prosperos x3 ??When 2000 Ghs cost 4999$ delivery date 2/2014 & only 1050w http://www.blackarrowsoftware.com/store/prospero-x-3.html Thanks. Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: Skaterdiejosh on March 04, 2014, 07:48:12 PM So black arrow supposed to ship this month but all they have is fake cgi pics on there website and updated text with no pictures !! Not even a single picture of a pcb board or a picture of chips or anything !! If im wrong please post link.. Have a bad feeling about them and glad I never Pre-ordered from them but I hope they do come through there prices are pretty good ......
Title: Re: KNCMiner Neptune 3TH miner $9,995 Post by: gamersglory on March 05, 2014, 02:54:58 AM Black arrow will ship at the end of april/ start of may. There was a tape out delay on the Minion.
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