Bitcoin Forum

Yes, we can reuse that address. Its

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=V0Qd

Hi,

This signed message is to confirm that user SolarWindMiningCompany has contacted me, Dyslexic Zombei (DZ), for free

vetting services. While I am not an ID expert, I do have a background in Information Security. While my services are

free, they are the most stringent vetting requirements that I am aware of for this forum.

I can confirm that I have what appears to be this user's ID and address on record, and that he appears to be a well

intentioned Group Buy Coordinator.

Cheers,
DZ

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Can't pay with bitcoin? =/

And for clarification you already paid for it?  Since they are sold out.

I have a pre-order which has to be paid within 7 days.

If your pre-order has not been paid for, it's too late.  They are all sold out.  Go look at your account and you will notice that it now says cancelled on your order.

This GB is now LIVE again. There is now a slight price increase which I have corrected in the previous posts and at the company store.

For those who have already purchased a share I will not be increasing the amount you need to pay, the price increase is on me!

Batch 2 Neptunes available down too 1144 from 1340+, We need to jump on this or miss out!

Contract Specifics

• Full Contract - Total of 80 with 3 SOLD each @$160 for 30GH/s
• Partial Contracts - Total of 300 with 22 SOLD each @$5.45 for 1GH/s
• Reserve Contracts - Total of 10 (Full) held for previous investors

get the following message in your site:
Warning: No Payment options are available. Please contact us for assistance!

Nice work James. I'm glad to see the progress that you've made compared to Version 1.0. :)

Just continue to keep it nice and simple, and you should do well.

Also: just a suggestion, but don't forget to include the link to my orig. vetting statement in your OP, or a quote of it.

Cheers!

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KTETd5ALZXaH/QPYMi5Niy0bNj2tdb1m6UOKnsBDQMxfgfTJFt2TM0caaGaSXoE=
=V0Qd

Hi,

This signed message is to confirm that user SolarWindMiningCompany has contacted me, Dyslexic Zombei (DZ), for free

vetting services. While I am not an ID expert, I do have a background in Information Security. While my services are

free, they are the most stringent vetting requirements that I am aware of for this forum.

I can confirm that I have what appears to be this user's ID and address on record, and that he appears to be a well

intentioned Group Buy Coordinator.

Cheers,
DZ

-----END PGP SIGNATURE-----

Reserved for 3 full contract positions ($480/90GH/s).
Thanks!

BTW- Can I make a late payment? (around 16/12/13)

Batch 2 Neptunes available down too 980 from 1340+!

Contract Specifics

• Full Contract - Total of 80 with 14 SOLD and 3 Reserved each @$160 for 30GH/s
• Partial Contracts - Total of 300 with 23 SOLD each @$5.45 for 1GH/s
• Reserve Contracts - Total of 10 (Full) Reserved for previous investors

is it only me having problems with the site?!  >:(

I now get the following error:
Error communicating with payment provider. Please contact the store for assistance.

Please reserve 1 full contract & 2 partial contracts until this issue is fixed  :P

is it only me having problems with the site?!  >:(

I now get the following error:
Error communicating with payment provider. Please contact the store for assistance.

Please reserve 1 full contract & 2 partial contracts until this issue is fixed  :P

For everyone who can prove your of legal age in your country, and I'll buy everyone a six pack of beer after the Neptune is payed for! :D (Full Contracts Only)

I only clicked on this after seeing free beer... is this legit or what?

YUP! You bet, as long as you are of legal age and can prove it - the six pack is yours!

YAY free beer!
What kind of proof is acceptable?

Just out of curiosity - how long does it take for the order on the site to change status from "pending"?
(or does it depend - if this GB is finished on time?)

I'm thinking about buying 8 shares via bitcoin. Is batch 2 expected to arrive in Q1? If so, would I just use the webstore to send the funds?

Neptune is our first 20nm product and will be shipping in Q1/Q2 of 2014.

Hmm free beer that's a first and a good one =)

but where is the beer?

For everyone who can prove your of legal age in your country, and I'll buy everyone a six pack of beer after the Neptune is payed for! :D (Full Contracts Only)

just wondering about the terms of the contract:
Full Contract Position $160 per 30 GH/s.  Is the contract for 1 month? 1 year? or it keeps on going?

Neptune is our first 20nm product and will be shipping in Q1/Q2 of 2014.
The stats and performance that we can release today are
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
Based on the existing Jupiter design (See photo, however this may change as development progresses)
Shipment begins in Q1/Q2 of 2014
Bitcoins first ever 20nm miner brought to you form the company who shipped the first 28nm bitcoin miner
Limited batch of 1200 units,
Payment for this product is bitcoins and bank transfer only.
All refunds will be refunded in dollars and you can refund up to shipment

is this still going on? how much longer to we have, i am up to .7 btc now

Just Bought another 7 partial shares :-)
Order ID: #89

Hope this goes through!

it is my intention to start offering Contracts for a stake in The SolarWinds Mining Company's own Mining Hive! This is a great project that will eventually give every one of us the same buying power as the BIG MINERS and the ability to increase hashing power at a much faster rate!! Hope you all will want to join us in this next BIG Venture!!

Thanks davideak! You're helping make this happen for all of us!

Sounds interesting - would there be any other means of payment? (just spent my last BTC on this GB  ::) )

My pleasure - keeping my fingers crossed  8)
Keep up the good work!

Just thought I would give you guy's a heads up on our next project. I am a member of The Wasp & Hive Project (https://bitcointalk.org/index.php?topic=325181.0;topicseen) and it is my intention to start offering Contracts for a stake in The SolarWinds Mining Company's own Mining Hive! This is a great project that will eventually give every one of us the same buying power as the BIG MINERS and the ability to increase hashing power at a much faster rate!! Hope you all will want to join us in this next BIG Venture!!

But let's get this one bought first!

can you give a small explanation on what you mean by "it is my intention to stark offering contracts for a stake", im assuming the stake you're referring to is PoS, in which case you are offering something similar to interest, is this correct? what kind of numbers are we talking about ;)

never got a confirmation via my e-mail!

So if I have gotten the order confirmation, I'm all set even if the order is just "pending"?

(Order ID: #67)

That's correct, if anyone didn't receive an order confirmation you need to PM me. Include the correct email address and BTC address you used. You should also check the blockchain yourself, that way you'll know exactly what happened (or didn't) to your payment. If, after checking the blockchain and you are sure that the payment was actually sent, contact me about confirming your order if you didn't receive an order confirmation when you first payed.

Thanks,
James

Here's a look at something that we at The Wasp Project Collective will be working on.

                                                                                                          ......Anyone want one of these USB Miners?

That's correct, if anyone didn't receive an order confirmation you need to PM me. Include the correct email address and BTC address you used. You should also check the blockchain yourself, that way you'll know exactly what happened (or didn't) to your payment. If, after checking the blockchain and you are sure that the payment was actually sent, contact me about confirming your order if you didn't receive an order confirmation when you first payed.

Thanks,
James

Sent PM, got 2 full shares and 12 partials on order 84 paid in BTC still waiting for confirmation.

thanks,

Hey James:

I ordered three shares a couple days ago and sent you a PM with this info:

TXID:  363d54faff21767eb7dc310439c729eeff064d4265280c9307c475a034bdcdc3

sent from:  14SoALPew5SjvvSuGzcJp4n9Ue5CSzgNAh



I've not received any email or any PM response…Please confirm!

David

Ordered 10 shares from 1CuqWYrphqXXMxU5QFgvSu7H6TieBuKDvb
TxID 561635abb84b3c0d481ea08b38c44f00b728606d2ffe684215f57b8aa97467fb

Thanks!  Let's get this done!

Whats the current numbers? I'm waiting for funds in my wallet to clear (but only looking to make a small purchase).

still need about $4000, then we're good to go.

How much is needed now?

]Easy answer, NONE!!   WE GOT IT!!!

Yup, order has been PAID!! Here is the order #K27-BFYW-014072

Thanks everyone!

Easy answer, NONE!!   WE GOT IT!!!

Yup, order has been PAID!! Here is the order #K27-BFYW-014072

Thanks everyone!

This was timed perfectly, I am going on vacation for the next 3 days. Now I won't have to check my cell phone every 5 minutes while I'm trying to relax! I will be AWOL for the next three days so I won't be able to respond to any of your questions. Go ahead and PM me or post here if you do have any questions or concerns and I will answer you when I get back on Sun/Mon.

The good news, besides getting the Neptune PAID for, is that I am done with finals and I am taking an 8 month long vacation from college. I am taking this extended vacation so that I can devote more time to The SolarWind Mining Company (http://solarwindmining.com/) and to you guys.

Thanks again everyone, good job!

James Tate
President of The SolarWind Mining Company (http://solarwindmining.com/)

two more question  ;D
Where can we see a list of members + shares + payment address?

and what is the procedure if we would like to change the payment address?

When I get back on Sun/Mon I will put together a spreadsheet with all of the information that you asked about and will post a link to it. Everyone who invested, please let me know how you want your information displayed. Email me at info@solarwindmining.com your userID, the forum name is OK or, if you want to remain incognito include an alias. Also include your sending BTC address and transaction numbers, the address that you want your payments to go to and any other information that you want associated with your account (all of this will need to be verified later.) If you want the free beer, include the contact information for your favorite liquor store and I will arrange a pickup (this will be the best way to ensure your of legal age because the liquor store will verify it anyway.)

The best way to update your information is to register on the company forum. To verify that you own both accounts by sending a PM both here and on the company forum acknowledging the other forums UserID in each. I suggest that you all do this to make your accounts more secure. If bitcointalk gets hacked and you lose access to your forum account no one else will be able to change your payout address.

Thanks
James

Hi,

Has a link been posted to the spreadsheet?

Any updates? Spreadsheet?

Cheers!

Thanks James
Keep us updated, people start to get little uneasy when there are no updates.

Happy birthday, hope you have many more.

I'm hoping it's just a late payment, But Solarwindmining.com is now suspended.  James, could you reassure everyone?

Hey! Sorry it has taken so long to get back with you, I have been working on several projects and I am still trying to sort out the openCart ordering system errors. It seems that some orders weren't counted by the shopping cart even though I did receive the payments. It's hard to tell what orders go with what payment due to this issue. Shares might also have been oversold by a few, but I should be able to provide everyone with the promised GH/s plus most of the announced hash rate increase that is expected from KnC with the Neptune.

As far as new shares, I am trying to get together with the other members in the The Wasp Project Collective to start building wasps for the company mining farm. I am not sure of the of the pricing atm but I will be offering shares for GH/s for this. Aren't you also a member with WPC? Anyway, that's my current focus unless you have a specific miner you would like to suggest.

On the shipping date, KnC hasn't announced specific dates. Our Neptune is in Batch #1 which is just after the previous customer Batch. So, it is likely that the Neptune will be shipped around March. Other than that, I can't really say.

Let me know if you have any other questions, Thanks!

Yea, the payment snuck up on me while I was attending to other issues, I am working on resolving the payment with the hosting service.

Just a quick update, here is a copy of a reply to a PM sent to me by one of the Neptune GB members:

Any updates?

what ever happened to SolarWindMiningCompany ??? was he a scammer ???

Sorry guy's for the lack of information. I'm still here.

I have a serious issue with the website hosting service and I am looking for an alternative (I can't even access the website email!) Meanwhile, I am working on getting a new and improved website going. On top of this, I am also trying to sort out errors involved with the openCart ordering system, a corrupted website backup image and database (the data, including all user data and posts, may have been lost, although I do have the most important information stored in a separate format in another location), resolving a payment issue with bips.me involving a couple of GB payments that have not been credited correctly (never using them again!), getting a refund from a hardware vendor that has failed to deliver on some custom miningware that I contracted, the failure of one company to pay contracted funds to the company on a daily bases (I may be filing a law suite against the company) and a few other problems that all seemed to come at once.

It's rather frustrating since things were just starting to pick up. I kinda feel like I have a disaster magnet strapped on my back.

Everyone's investments are still valid and accounted for and you all have a share in the Neptune's hashing power (reserved 300 GH/s for non-GB investors.) That being said, because of the openCart errors the number of Neptune shares have been oversold but it is expected that KnC will provide a great deal more GH/s than the advertised 3 TH/s. Even a small increase in GH/s of 15% or more from the KnC team should be enough to cover the oversold shares and provide the minimum promised in the GB and 300 GH/s reserve for regular investors. If the GH/s increase is not sufficient, then the regular investors 300 GH/s has priority over GB'ers and I will refund or compensate the GH/s deficiency with the appropriate compensation.

Posts from SolarWindsPresident are fake and have been deleted. There is nothing amiss about me or the company, it has just hit a major snag(s) that is(are) going to take some time to resolve.

 :-[ I understand the importance of remaining in contact with you and giving regular updates, so...

To Bradley, as well as to all of you....

 I apologize for not keeping my part of the bargain and keeping you up to date on a more regular base's and failing to post regularly. I take full responsibility for this failure and will do better while I continue to resolve the above mentioned problems and make planned improvements in spite of funding issues caused by 3rd party contract failures.

~James

Hello everybody,

I have come to a decision about how to handle the company income loss due to 3rd party contract failures. The income (currently about $4000+ and growing) was intended to cover a minimal amount of investor payouts, purchase additional miningware and help cover the monetary costs involved in setting up the new website and a few various other small necessities. The 3rd party that is supposed to pay the funds to the company is still promising to pay, but we can't wait forever.

To address this problem I will be taking on the task of learning the necessary skills to build the website myself. This will be a daunting task which will include learning a heap of information about bitcoin-d, PHP, HTML, C++ and a host of other programming related data. I would rather hire others who know more than I do about these disciplines to do the work, but because of 3rd party failures I will have to do it myself.

If anyone would like to act as an advisor (I don't expect anyone else to do the work,) I would appreciate the assistance. The work to be done isn't in itself so difficult, its just the scope of it all.

What is planned for the website:

Here is a list of the various things that will be part of the new website,

I nice and attractive website that will have its own unique style.

A simple format with a responsive design that will be easy to navigate and will not tax your browser.

A Portfolio style layout that will present investor/customer data that is easily understood and easy to find the desired information.

-The portfolio will include an assets page so that investor/customers can see all their holdings on a single page
-Certificates that represent each type of asset that will clearly show exactly what the asset is for and its values
-BitShare account information that will include balances/transaction/credits, funds pending, orders and any other relevant information concerning deposited funds or current earnings
-Automatic payments to Personal Wallets that hold investor/customer earnings so the investor/customer can decide when and where to send their available funds at anytime they wish

A customized marketplace where investors/customers can purchase Contracts, BitShares, miningware and other merchandise that is being planned.

A shares trading platform where investors/customers can buy or sell any company assets that they own to other members or registered guests.

Blog and News section

Investor/Customer only forum

Public forum

Company mining data

Company mining pool

A company transparency section listing all company holdings and their status

EVERYTHING AUTOMATED ~ EVERYTHING AUTOMATED ~ EVERYTHING AUTOMATED!! (That one is for me  ;))

There are a few other additions that are planned but those will have to wait until the above is finished. Because of a major issue with the hosting service I was using the old website is down and, to save on costs, will remain so until I have something more substantial to present to you. When I have a working model of the site I will post a link to it so you can check up on its progress.

If you would like to help fund the website you can purchase a raffle ticket for 0.01 BTC, the prize will be your choice between an XBOX ONE or PS4. This will be an open raffle, so whenever enough funds have been collected to equal twice the cost of the a gaming system a winner will be chosen and the next system will be available to win as soon as that amount is reached again. All entries, except previously winning entries, will be valid throughout the entire raffle. There is no limitation on the number of entries you can purchase and each entry will have an equal chance of winning. You can send your raffle fee to this BTC address: 1LgGV9zqXia9jp9tgnbxuKGe9gN3nX5JuF , you can post your entry in this thread for credit (include the transaction #). As an added bonus, you will receive one BitShare worth 0.01 BTC for each entry.

Thanks,
James

Hello everybody,

I have some good news to share. I visited with my friend/business partner today and we had a conversation about the issues we are having, this is the same person that owns the location where the Neptune will be hosted. We worked out an arrangement where I will be helping him out at his shop (doing MANUAL LABOR -> as promised using "my own two hands") and in exchange he will have his web developer build our website. This means that we won't have to wait anywhere near as long to get it back up and with all the improvements to boot!

This is a great time to suggest features that you would like to see in an investment website. So let's post some comments about what you would like to see and what features are important to you and I will try to get any practical suggestions incorporated.

Later,
James

Todays meeting with the above mentioned was also fruitful in other areas. I also meet with one of my friends business partners while I was there and we are arranging a joint project to build custom miningware. We will be using The Wasp Project Collective's (https://bitcointalk.org/index.php?topic=422243.0) open source design to commission the manufacture of mining boards for the company. This is also a great development because it means that we will be able to obtain miningware at the lowest possible cost, at the earliest possible time frame and provide the fastest implementation. From assembly bench straight to hashing, will be able to plug in a wasp and have it mining away just moments after it has had its last ASIC chip installed! That means MORE MINED BITCOIN for the dollar! In time we will also be offering this miningware for sale in the new company marketplace, and at a VERY attractive price. The markup for the miningware will be small for non-GB investors. In this regard, we are less interested in making a profit by selling miningware, most of the company's profits will be from its own mining and other ventures. It is important to me that we keep the costs low because it will allow more people to own their own miningware and that helps preserve Bitcoin's Decentralized Network, which is an alter that is more than worthy of the sacrifice of profits. (<-- get it! Profits, not prophets ;D)

We also plan to introduce something similar to CEX.io, the main difference will be that you will be able to point your purchased hashing power to any mining pool you want, again, this is to help preserve Bitcoin's Decentralized Network.

Will try to continue to keep you updated.

Thanks,
James

Hi James,
Where are you posting these updates?
the site is down & I haven't seen any updates in the wordpress:
http://solarwindminingco.wordpress.com/updates/

They were posted in the official SWMC thread. If you click on the "quote:" link above the quote you'll be redirected there.

Added to my watch list  ;D

James,

I don't mean to sound harsh but we aren't investors in your business, we are your customers. We have no stake in the success of SWMC, just a stake in the success of this particular group buy. It is great that you have some long term plans but they are unrelated to us. It has been well over a month and you haven't even a completed list of shares. It seems like your priorities are on the long term expensive projects, instead of on your current revenue generating customers.

The first thing you need to do is get the share situation fixed and at the very least a spreadsheet up. Put whatever shares you know on there and send out a link to it. The missing shareholders can then send their TXid and sign a message from their payment wallet to settle disputes/confirm ownership. It will honestly take less time than it took for you to write than long post about what you want in a website.

I am an experienced web developer and small business owner and I hate to say it but your wish list is unrealistic for a friend of business associate to do part time. It would take a full-time developer months to custom build everything you described. Once the development is done, managing servers and databases for a single business quality app is hard, let alone for a blog, a store, a stats web app and a pool.

---

Here is some quick advice:

Since you don't have any coding skills or security/database/server management experience, hands down you need to start with a simple WordPress e commerce site because it is easy to manage and a good foundation to build upon. I recommend that you start with a self hosted wordpress.org (not .com) install, with the WooCommerce plugin and its Bitpay add-on (https://github.com/bitpay/woocommerce-plugin) to handle payments. At the very least you will need to buy a domain($10/year), an SSL certificate($50/year), a Google Apps account($5/month) and managed hosting (About $20/month. Managed means that they handle security, server, database, and WordPress for you. This is also why managed hosts are more expensive. WP Engine, Pressable and Flywheel are currently the best providers). You can set all of this up by yourself without typing a single line of code.

Hi James and crew... some great updates here.

Do we have an ETA on when the miners are going to ship?  if so when should we expect to be mining?

thanks for all the hard work

                        

                           

---

---

Dear All
                                       
It has been a while since our last communication and this update is overdue and we do apologise for that. In this newsletter we want to update you on 3 important things.Neptune Development Progress, Jupiter sales and our new project - Plan B.
                                       
                                    

Neptune Development Progress
                                    

Over the last few months things have most certainly not stopped here at KnC, and we have made massive progress on our 20nm chip and it will be one of the first 20nm chips to come out to market with the strong support of our partners, TSMC, AST and Alchip. The backend engineering teams have been working 7 days a week around the clock to bring this chip to market as fast as possible. We have of course learnt a lot from our previous 28nm design and with that knowledge we will squeeze even more out of our 20nm chip.
                                       
The news we can tell you today is that we have a further reduction in power consumption of around 11% from our initial calculations, which means we can squeeze in even more cores. The core count per package is already over 1000 and with every reduction in power usage we will add in more cores to maximize the performance. This is a great bit of news.
                                    

Jupiter sales
                                    

                                       
We are no longer going to offer Jupiter for sale. We had intended to offer Jupiter following the end of our Network Protection phase, however things move fast in the Bitcoin world and we have decided to end all future sales of Jupiter. We know this may disappoint some people waiting for buy more Jupiters, however, we have some exciting news that we would like to share today and its called &lsquo;Plan B&rsquo;.
                                       
                                    

Plan B
                                    

As you are all aware we broke many world records in releasing the 28nm chip in such a short amount of time. We are a very ambitious company but even for us, to go &ldquo;all in&rdquo; and not be able to deliver on our performance targets, like our competition, would be completely unacceptable to us as a company and everything we stand for. So today we are introducing, Plan B.
                                       
To make sure that everyone who has paid for their Neptune gets their hashing power we are building a data centre like no other. It is located in the north of Sweden not far from Facebook and other Mega Data Centres and it&rsquo;s totally powered by renewable energy.
                                       
Over the next few months we are bringing online enough hashing power to make sure that any delay in the Neptune timeline will be compensated with a completely free hosted hashing packages to all fully paid customers.
                                       
In the addition to this commitment, as part of Plan B, for all Neptune customers, we will be offering a free conversion to a hosted hashing package where we will simply fill your wallets directly and you won&rsquo;t have to worry about anything else. All the other costs taken care of by us. We are able to do this by using our 28nm chips which is why all products that we have coming out of our factory in the next few months will go into building and supplying the Plan B facility.
                                       
If, during the course of development of Neptune, there is any threat to the timelines for delivery, those delays will not result in the loss of any mining time for our Neptune customers. We will release more details of this as we get closer to the delivery date, but for now we have one of the world&rsquo;s largest data centres to build.
                                       
Thanks
KnCMiner Team

let's discuss refunding this miner from knc

I agree with LDR.  Also have very few shares but at the current BTC price an ROI in BTC would be nice.  I second a refund.

We're getting closer to the Wasp A1 rollout!

Hello partners!

my opinion is we should take a risk and wait for miner to arrive.
We all took a risk already, when we participated to this project, so I think canceling order is giving up.
What BTC scene needs is TRUST.

This is just my opinion, feel free to disagree.

And THANKS James for all your work!

Zska

i agree, albeit this is a sunk cost fallacy, i like to believe that this isnt sunk yet (as in 100% we're not going to make roi at all), even if we got a refund, what would we use it on? scrypt miners? investing into the infrastructure for the hashing exchange? theres only so much we can do

on those points

scrypt miners are here, difficulty will go up, prices will go down and everyone in gpu mining is going to switch to scrypt n (i should probably set my 2 mhash to some scrypt n coins, im thinking the prices for those will rise since asics cant mine them)

as for investing into the hashing exchange, i believe that is going to be completely with or without the extra investment, plus we (the investors) already get 25% of the trading fee's because of the roll over that SWMC talked about

i just really hope the miner comes soon so we can finally see some "profit"

The sunk cost fallacy would only apply if the goal of purchasing the Neptune was to ROI in dollars rather than BTC. With the caveat that the actual mining hash of the Neptune is at least 4.5'ish TH/s and the Neptune arrives in the early part of April, the total BTC mined will exceed our BTC investment approximately by a minimum of 5 BTC (this is assuming that there are no additional factors that arise that will have a strong impact on the difficulty level, whether in our favor or not.)

oh they increased the hash from 3 to 4.5? i didnt know XD

Here is the latest update from KnC: https://www.kncminer.com/news/news-83

Neptune performance upgrade
4/28/2014 6:48:00 PM
KnCMiner Offers Two-for-One Deal on Bitcoin Mining’s Most Powerful Machine to Loyal Customers
 
 
STOCKHOLM, DATE, 2014 — KnCMiner (https://www.kncminer.com/), the most trusted brand in Bitcoin mining, announced today that it will give every current customer who has an outstanding order for a machine from its Neptune line’s first two batches a free Neptune from its upcoming “third batch” of Neptunes. This represents a $5,995 value and, perhaps more importantly, will provide KnCMiner’s most loyal customers with twice the hashing power they would have otherwise received with just one of these machines.
 
“We know that it is getting tougher to successfully mine in this environment and we want our customers to have every advantage we can give them,” said KnCMiner CEO Sam Cole. “So to combat the downward trend in mining returns for the customers who have been with us right from the beginning, and to show our competition we mean business, we will be over-delivering again on all orders.”
 
Neptune is KnCMiner’s first 20nm product. It features a minimum of 3,000 GH/s (aka 3 TH/s) of hashing speed, five times faster than the company’s most recent bestselling miner, the Jupiter. It also boasts a 30 percent reduction in watts-per-GH. Thanks to KnCMiner’s offer, each customer who ordered a first or second batch Neptune, will get a minimum 6TH for each order, with their original 3TH product shipped in June and the free “third batch” machine delivered in August.
 
“As miners face growing competition, and the increasing difficulty to mine Bitcoin, we will keep working on creative and unorthodox ways to put the best and most loyal customers on the planet first and provide them with the competitive edge they’ve come to expect from KnCMiner,” said Cole.
 
The company has recently announced other initiatives to engage all form of cryptominers, including the launch of a “Mini Neptune” machine (1500 GH/s, $3,495), and for all those Litecoin and Dogecoin enthusiasts, the availability of scrypt miners—the Titan (300 MH/s, $9,995) and “Mini Titan” (150 MH/s, $5,495). KnCMiner also offers cloud-hosted mining participation to existing customers. To learn more about these products and services, please visit https://www.kncminer.com.
 
About KnC
KnCMiner is the most trusted brand in Bitcoin mining. The company specializes in building leading-edge hardware that secures transactions for the distributed Bitcoin network and other digital currency pools like Litecoin and Dogecoin. KnCMiner offers a range of goods and services that allow for all levels of cryptomining participation, large and small. The company was founded in 2013 by Sam Cole, Marcus Erlandsson, Andreas Kennemar and Michael Unnebäck after the merger of ORSoC AB and Kennemar & Cole AB. The company’s leadership team has almost 30 years worth of experience in bringing excellent services and products to the global market. For more information, please visit https://www.kncminer.com.

Excellent news Solar..  I know it's been a painful wait, but so far it seems like every manufacturer has had issues, and I've learned the virtue of patience.
What are your plans on dividing the extra hashing power between the shares? 
(Note: I read the news release to to be that the extra unit will come from the third batch, so it's doubtful they arrive together.)

Everyone will get an equal increase in hashing power to match the new total hashrate.  :)

Who is this everyone?

I am wondering about last column of spread sheet
https://docs.google.com/spreadsheet/ccc?key=0AvMjxnIDQFujdHpHd0ZaNkFIZGw4QmtWdW0zbGxVSkE&usp=sharing#gid=24 (https://docs.google.com/spreadsheet/ccc?key=0AvMjxnIDQFujdHpHd0ZaNkFIZGw4QmtWdW0zbGxVSkE&usp=sharing#gid=24)
Titled "Equal Share of 0.5% of SWMC Hashing Exchange Fees"

Everybody else has "True" and I have "N/A"  ???

Meaning of "equal shares" and is there something to do to fix it?

-tmu

Hey guys,

I was thinking about how understanding you all have been. Not one of you has relaid a single message or post expressing anger or frustration. You haven't been hounding me for information, you haven't... no... instead of telling you all the things that you haven't done, I'll tell you what you have been. You have been PERFECT!!

Seriously! Because of the website issues, delay's in getting the spreadsheet out and limited communications. I expected to have to deal with hundreds of emails demanding this or that, the scammer tag being thrown around and a host of other unpleasant experiences all of which I desperately wanted to avoid. But you guys, yoouuu guuuyyyss!! None of it has happened, and if it had I wouldn't have blamed you at all. You guys are just AMAZING PEOPLE! How did I get so lucky as to get YOU all in MY GB!!??

Now, I feel bad about this whole website and openCart mess. I know it's my fault. I mean, I don't know how it is my fault exactly, but I'm sure I messed with some setting or file and cause all this trouble for all of us. I want you all to know how much your patients and understanding means to me and how lucky I have felt about having such great people backing me up. And it's not just you, my regular investors have acted the same way.

SWMC is in the process of doing several upgrades to its business model and its website. One of those upgrades is a Hashing Exchange similar to CEX.io. I want to show you all my appreciation, so I am giving everyone in the #KN-R001 GB and all of my current investors an equal share of 0.5% of the hash trading fees, for LIFE! And don't think you can sell it to someone else either, I want your grandchildren to be getting payouts from the trading fees!

So, Thanks for being GREAT PEOPLE, cheers!
James

That is a bonus that I gave all the original members of this group buy, here is the reference:


Since this was a bonus that I gave to this GB's members for showing patients towards me, I don't know that it would be fair to give the bonus to anyone that wasn't a member at the time... Would you agree with this statement tmu??

Thanks
James

if im on the spreadsheet, feel free to show my name on it  (since i cant figure out which one is me, if im even on there)

You should be able to identify your account with your payout address, even so, I will reveal your UserIDs for your accounts since you have requested it.

Quote from: SolarWindMiningCompany on May 12, 2014, 06:53:00 PM

You should be able to identify your account with your payout address, even so, I will reveal your UserIDs for your accounts since you have requested it.


which reminds me, 1MQtqnSBKMEfucwVc5TMVvrK5UibDUFzWE is my payout address, since i doubt ive given it to you

Thanks for the updates. You can show my username too.

havelol

OK lady's and gents,

Since we will be getting our first miner soon, it's time to vote on a mining pool so please make your suggestions here. Once we have enough suggestions I will make a list and then we can vote.

Thanks!
James

GHash.io?

btcguild with failover to bitminter edit: please
also my addy for all the lovely satoshis: 12xgXURUirnAbcZRpC8mB6qgQLsRXqXNWW

OK lady's and gents,

Since we will be getting our first miner soon, it's time to vote on a mining pool so please make your suggestions here. Once we have enough suggestions I will make a list and then we can vote.

Thanks!
James

---

Mining Pool List

1. GHash.io
2. btcguild
3. Bitminter

Check it out!! This is similar to an Idea I was working on, but they got there first!!

I vote Ghash with Eligius as a backup.

Even with the increased hashpower it will be nearly impossible to ROI at this point. We can't afford be paying 2% to BTC Guild and Bitminter only has 1% of the network hashrate and a 1% fee. Ghash has zero fees and the highest hashrate. With the rise of Discus Fish, Ghash isn't a 51% attack threat anymore so there is no need to feel guilty about using it anymore. Eligius also has zero fees, a solid hashrate and pays transaction fees to miners.

OK lady's and gents,

Since we will be getting our first miner soon, it's time to vote on a mining pool so please make your suggestions here. Once we have enough suggestions I will make a list and then we can vote.

Thanks!
James

---

Mining Pool List

1. GHash.io
2. btcguild
3. Bitminter
4. Eligius

1&4

All done.

---

Just a heads up, I am working on submitting an application to Havelock Investments  (https://www.havelockinvestments.com/)to raise capital for the SWMC Hashing Exchange. This will be a ground floor opportunity to earn a BTC income on the other side of the industry, rather than buying miningware to mine with, owners of shares in the SWMC Hashing Exchange will be earning BTC as a profit share in the Hashing Exchange's miningware and hash sales as well as on the hosting fees. The capital to be raised will be used to finance the physical infrastructure (miningware fabrication and supporting systems.) I have tried to raise the funds directly so as to save on some of the fees involved in an IPO, but there is little interest. So I will try the Havelock route to see if this improves the situation.

Thanks!
James

Thanks!

I was an intern at Merrill Lynch in college for a year, the number one thing the big brokers drilled into my head was do not mess around with something without reading absolutely everything because everything important is hidden in the fine print. Please read the Havelock terms and conditions before you list on Havelock. The third and fourth paragraphs are horrible as they directly bar investors and companies that reside in the US, China and Germany, from listing or trading on their platform. That is three of the four largest economies in the world. I swear I remember you said that you are from the U.S., doesn't this immediately make Havelock a non-starter?

The "No Advice", "Accuracy of Information" and "No Liability" sections are even worse, as they basically say we don't guarantee the data is true and you can't rely on it in any way shape or form. They can literally invent numbers and just throw them up on their charts and graphs without repercussion. They assume no responsibility for anything at all. Worse yet, the company is based is Panama which has some of the worst investment protection laws in the world. They could seize all your funds or disappear and you will not be able to sue them even if you could find them. Honestly, the whole ToS reads like it was designed for scamming people. If you haven't legally registered as at least an LLC, you could potentially be personally liable and guilty of fraud. Do not list your company on their platform without talking to an attorney or stock broker and knowing your own liability.

If you still decided to go the Havelock route, you need to consider at the very least adding an option where you can convert Havelock shares to direct shares like Asicminer does (https://www.havelockinvestments.com/fund.php?symbol=AM1). For example with AM1 shares you can import/export shares between Havelock and "direct" shares. This protects buyers in the event that Havelock collapses, is fraudulant, loses popularity or regulators roll in. Sites like Havelock have zero compliance regulation to protect investors like the SEC/FINRA does for the real stock market (mandatory audits, portability, liability etc). Allowing "direct" shares is a way to make the shares portable, similar to the way that stock certificates make real stocks portable. For example, on Wall Street you can change banks without losing your shares, they just send over the stock certs from your old bank one to your new one. They protect investor from a Mt. Gox or Bear Stearns like collapse, or regulators shutting down the site.

Thanks LDR, I wasn't aware of those section since I only just started the process.

I'll have to reconsider my options.

i personally prefer btcjam and cryptostocks, i dont really like havelock (their layout is awful)

btcjam's fee is 30%!!  :o ROI would be next to impossible.

Just some quick guesswork on the hashing power that the Neptune may provide based on the Jupiter's performance numbers...

1440 cores @ 716 MH/s per core = 1.03104 TH/s per chip * 5 chips (not 4 chips as I previously assumed) = 5.1552 TH/s per Neptune * 2 Nuptune's = 10.3104TH/s  for our GB

1440 cores @ 781 MH/s per core = 1.12464 TH/s per chip * 5 chips = 5.6232 TH/s per Neptune * 2 Neptune's = 11,2464 TH/s for our GB


** Of course, we must realize that the chips may perform better or worse than the Jupiter's chips. They may have added a fifth chip to compensate for lower than expected performance of the Neptune chips -OR- They may have added the fifth chip to make sure their customers make ROI+. We'll have to wait and see...

Haven't you gotten them yet?  Are they online?

I have 4 contracts.  Paid for them, not sure if I'm on a spreadsheet or anything.  I have the emails to you, etc saved though.  

I think mining Scrypt isn't a good way to go.  I think it's better to stick with the Neptune.  I think there is reason to believe that Scrypt is going to get drained rapidly when all the scrypt miners start cashing in and the difficulty soars.  Then it won't be worth mining.  But like everything with future predictions, it's all a guess.  

At least with the Neptunes, they are mining NOW (Or sooner anyway) and we have a known quantity.  The Titan may suffer delays or also be under whelming.  So it's all a risk.  I vote to just stick it out with Bitcoin but I won't cry if we go to the Titan.  

I vote to get any machine that will start hashing first.
This is a race - the ones who start hashing first win.

I prefer mining bitcoin,
but if they have these TITANS on hand then get them.

no, i think titan isnt ready yet. neptune 2nd batch would be sooner.

no, i think titan isnt ready yet. neptune 2nd batch would be sooner.
bitcoin for my vote

op is that wasp thing ever coming off?

The WPC is still active, the latest board to be produced is the Spondoolies Whiteface mining board. This is a test mining board for the Allied Control Cooling Container project. All current boards are proof of concept tests, currently the only chips being used are ones that will not reach ROI.

SWMC is planning on offering preorders for hashing power based on the SWMC Hashing Exchange that is currently being tested internally. When I do offer the GH/s to early adopters, there will be an ROI+ guarantee and some nice bonus included, but again, that is for early adopters only. I wanted to offer a beta version of the Hashing Exchange before I offered any preorders, but we may not be able to wait that long. Many of the big mining companies out there are buying up chips long before the average individual even knows the chips will be available. That makes it nearly impossible to get enough chips that will afford us an ROI by the time those chips are released.

All of the big mining companies (including ASIC hardware manufacturers) are moving to a cloud mining platform. It wont be too many months from now and you wont be able to purchase personal miningware at all, simply because it will cost to much to keep up (if we aren't already there and just haven't decided to accept it yet,) or there won't be anyone who wants to sell miningware to you. It is soon to become an only big players league when it comes to Bitcoin mining.

That's why I am building the SWMC Hashing Exchange, so we can still be in the game and be just as profitable...

To make this work, SWMC will need to raise some serious capital. So the plan is to offer an initial total hashing power of 2-4 PH/s at somewhere around 85¢ a GH/s with an ROI+ guarantee for early adopters. We are currently in negotiations with Allied Control as part of the development of our data center which will be utilizing immersion cooling methods like that which is provided by Allied Control (http://Immersion Cooling). We are also working on getting access to 5.5¢ kWh electricity. I have dual US/British citizenship, so I am considering basing part of SWMC in The Isle of Man (http://www.coindesk.com/isle-man-welcomes-digital-currency-exchanges-license-required/) which is a Bitcoin friendly country. It may not look like much is happening with SWMC on your end, but there is a lot of activity on mine.

Just to measure your interest, what price point for hashing power would motivate you to preorder hashing power with an ROI+ guarantee from The SWMC Hashing Exchange with the understanding that the exchange is in the development stage and that hashing power may not go live for several months? After sufficient hashing power is being circulated on the exchange, SWMC will never offer preorders again.

link to off SWMC tread ?

A few toughts:

1. I would suggest posting this in the SWMC thread and not this GB.

2. I think it is irresponsible offering "ROI+ guarantee", as mining hardware cost & future difficulty is unknown/speculative.

3. this said I would be interested in investing a few hundred dollars in this venture,
as for the price point, as you are most invested in this project you should price it as you see fit in relation to hardware price, managing costs & initial capital you have to invest.
selling with a loss will bury the project as you wont be able to maintain it.

Delivered 2014 July 16

Is that because you dunked it in a tank of oil to see what would happen? 

did we decide on a 2nd Neptune?  if so when are they shipping that one?

Keep us updated on the RMA process please... they give you an eta of the shipment of the new board?

thanks.

when did this order go live and start mining?

Thanks for the update!

What pool did we end up using?  Can we look at it, I rather watch that than tv..

Nice to hear we are mining... good work sir.

What kind of performance are we getting out of our miners?

Do you just want my Counterparty wallet address?  1FkWzJyeoY7RP7bQET3gNvcmVkMZWEattM

This is an unofficial pre-announcement meant to inform the Counteryparty Community about a new asset class being made available to Counterparty users...


The SolarWind Mining Company (SWMC) has been working on building a Hashing EXchange (HEX) for the past several months. SWMC expects to have the official launch of the SWMC-HEX sometime between mid September and late November. SWMC will be offering preorders for Bitcoin mining hash power via Counterparty through an asset called SWMCHEX (http://blockscan.com/assetInfo.aspx?q=SWMCHEX).


About the SWMCHEX asset:


     One SWMCHEX is equal to one GHS, and a total of 5 PH/s (5,000,000 SWMCHEX) have been issued with 4,000,000 SWMCHEX being sold at ~85¢/GHS. Bitcoin earnings from mining will be paid via Counterparty's built in dividend feature. SWMC-HEX is making the first 1,000,000 SWMCHEX (1 PH/s) available now and there will be a 10% bonus to purchasers. So, if you purchase 100 SWMCHEX you'll actually receive 110 GHS!! The additional 1,000,000 SWMCHEX will be used for bonuses, giveaways, bounties, to cover variances in the exchange rate of BTC or are to be sold before launch.


     Be one of the first 500 purchasers of at least 100 GHS and you'll be eligible to win 1 TH/s worth of SWMCHEX!!


Some of the major features of the SWMC-HEX:


     Tradable Mining Power which can be bought our sold at a price you determine


     Instant ROI Calculation based on you buy price allows you to estimate how long it will take for your purchased hashing power to mine enough currency to reach your targeted ROI, at what price you must sell hashing power you own to obtain ROI or what combination of both mining time and sell price will achieve ROI for you... By using the Instant ROI Calculation you will be empowered to make the right decision on your mining purchases and the tool so you never have to buy to high, sell to low or to soon to reach ROI ever again...


     Our hosted miningware will be utilizing Immersion Cooling (https://www.youtube.com/watch?v=a6ErbZtpL88) to increase efficiency and protect the miningware from heat damage and extending its usability


     SWMC's miningware will be Fabricated by the SWMC using open source hardware PCBs specifically designed to work with any cryptocurrency mining chip, making the SWMC-HEX capable of scaling up mining power very quickly using the most cost effective hashing power available at any given time


     SWMC believes that large mining operations should help protect the Decentralized Nature of Bitcoin's Hashing Network, so,.. The SolarWind Mining Company will make it possible for owners of hashing power on the SWMC-HEX to point that hashing power to any mining pool that they wish, essentially the same way that they would control a physical miner in their own possession.


     A "Create Your Own Mining Pool" feature which can be used for solo mining or for creating a mining pool that others can join for crowdfunding, group buys, investments, savings accounts, retirement funds, etc,..  etc,..  etc,..


     Miningware hosted in a US location with 5.5¢ kw/h electricity

Awesome.  It's great to see things happen.  I don't see my name or Founders Contract on the Neptune Spreadsheet, though.  When can I expect to see something appear in my wallet?

ooh some money. well, shrapnel. well, dust. thanks tho'

Where we at?

so when do you estimate this will launch? don't really want to bind coins into something which is to far off from providing any returns

Hi James..whats the status of our Second Neptune? 

in GHash i see we are mining at an daily average of 3.27 Th/s... is that going to double with our 2nd Neptune or we going to put it on another pool?


Thanks,
Dan

Not sure if I missed this... But is they payout schedule on a regular basis? I.e.  Weekly? Monthly?

Hey guys,

Sorry for the delay, but I am working on issuing an accurate payment...

There were some errors in the spreadsheet due to some quirks in Google Sheets, I am working a spreadsheet payment calculator and will be issuing the next payment on Monday. I did issue a payment on 8/18 & 8/19, if you didn't get that payment let me know.


James

Thanks for the update James. Good luck.

I have been slowly buying up swmchex on counterparty and would like to buy more, but there are none available at the moment. When will you be relisting some for sale?

Hi rdyoung, thanks for bringing this up...

I just listed 1 PHS worth of SWMCHEX @ 0.001845 BTC/SWMCHEX (68.5¢ a GHS) on Counterparty. I am giving a 10% bonus for the first PHS sold. By the way, I have been working on the next campaign, here is what I can share with you right now. I have brokered a deal with Spondoolies for a special price on 5 PHS of SP35s which allows me to offer the 68.5¢ a GHS price. The price includes all setup fees and the maintenance/hosting fee is set at 9.5¢ a GHS per month. More info to come when I get the final details ironed out...

James

I have tried to buy many times but the order never seem to complete.

I will be posting a link to a Coinbase payment option soon, but I think we should open a separate thread for Counterparty and SWMCHEX questions, announcements, information and issues.

1. please post a link to that thread
2. do i just open a counterparty wallet, add funds, go to Exchange/Market, select SWMCHEX and buy the shares?!
3. Does counterparty have a 2 step verification? how do i enable it?

thank you!

all this investing makes me wonder - will there ever be a BTC ROI for mining,
I bought shares in this GB when bitcoin was over 1000$ and still it does not seem that there will be any BTC ROI.

Why not keep what I have or buy BTC while its cheap?

how do you feel about sites like zeushash undercutting your price?

how do you feel about sites like zeushash undercutting your price?

This isn't really a fair question, as he has already posted, you need to buy 500+ghs to get the same deal. Not to mention zeushash is a manufacturer of hardware with scale that SWMCX hasn't reached yet, maybe thats on the horizon. Plus, SWMCX will pay directly to any btc address you send the shares too, zeushash you have to login and make a withdrawal.

true, i also noticed they charge a ridiculous maint. fee (as an example, with 1gh i mine .00001262 btc and the miner fee is .000007, which is a little more than 50% of what my daily mining total is

also, the question wasnt meant to be "fair" it was just a question, no deeper meaning

Hi ranlo,

It hasn't been months, its only been about three weeks since the last payment, which was made on 11/15/2014. I had mentioned in the GB thread that I have had several surgeries this year and they, along with the recovery time involved have interfered with the operation of the SWMC.

I just went through a major surgery on the first of this month and I am just today starting to get back to business. I will be processing the next payment within the next day or so.

Please check your BTC address on the Neptune spreadsheet to see if it is correct. This way you can be sure that you have been receiving your payments.

I am putting Counterparty on hold for the time being because people have been finding it very difficult to use in its current form.

All SWMCHEX purchases will remain valid, but I will be issuing payments direct via BTC rather than Counterparty.

Hey guys,

Because Bitcoin's price is so low (which means that the utility cost consumes a considerable portion of our earnings and leaves less Bitcoin for distribution), I will be extending payments to every four weeks to compensate (at least until the price improves).

Also, I am in the process of moving so I haven't been visiting our thread much...

rdyoung, please PM me your customer number and I will look into your past payments and figure out what's happened to your missing ones...

Thanks,
James

Is this the first report of a bonus neptune in the wild?

Does it still make sense to mine?? Doesn't look like we will get ROI at this point.
Ayone else agree?

Hi guys, this is a Good News/Bad News situation...

First the Good News - Both the controller card and bonus miner are on there way.

Now the Bad - The lease for the miners hosting location is up and the business partner that I have been working with has lost his chance to renew. So, I'll have to find another location. I know that it was intended to offer free hosting in the beginning (which was due to an arrangement with my business partner). Since that situation has now changed, I will likely have to add a hosting fee to cover rent space once I find the proper venue for the miners and they won't be running until then. I would just temporally host them at my residence, but with the satellite ISP we have, that option simply isn't feasible.

Another bit of Bad News for those who have purchased hashing power for the EXchange - The two interns that I had working on the EXchange website recently moved on to other things. When they left they erased the EXchanges servers hard drives - along with all the backups! Almost a years worth of work lost!! I don't believe they did it on purpose, I think it was done by mistake... But 'Ouch!', what a doozy. I can tell you, I'm just sick about it and have lost allot of sleep over it. Due to this major SNAFU, the whole EXchange project is on an indefinite hold. I will be issuing refunds with a bit of interest to any SWMCHEX purchasers as soon as it is financially possible, but please be patient!

I am sorry that I have failed you guys. I feel a sickness in my gut over the whole situation, both for the GB'ers and SWMCHEX hopefuls. I will do my best to amend as I am able. Hope you can all elicit a measure of understanding and spend a meter of forgiveness... But I take all of the blame, the failure is mine and mine alone.

James

I might have a place where we can host, send me a pm

If they dident erase the files on purpouse they then wouldent have used something like 35 passes Gutman or US DoD 7 passes standards on them and the files should then probably be recoverable. If you just avoid writing new files to the hard drives after the incident and use a suitable program to look for the files that probably still excist but isent known to the filesystem where there located on the hard drives.

Everyone who bought SWMCHEX, however they bought it, will get refunded as soon as I am able to do so. The issue is that The SolarWind Mining Company never got the support that it needs to make things happen as planned. I am not a scammer, nor do I wish to cheat anyone. So, please don't worry about your funds, I will use my own personal, albeit limited, funds to compensate everyone if it is necessary to do so.

I do thank all of you for your support. In fact, I don't think words even exists to express my feeling of gratitude towards everyone of you and I sincerely appreciate all of you that have been supportive and willing to give me a chance to serve you.

Now, this isn't the end of The SWMC. I am way too stubborn to give up, even when maybe I should. I will simply have to find other ways to accomplish my goals regarding the company. Even so, with the recent lifestyle change I've had, it will be more difficult and it will take some time before I can accomplish those goals. So, stay tuned for future announcements!

Thanks,
James

Just my opinion here, and more for me to move on than for any of you to read..  I've been robbed so many times now that I am now a seasoned bullshyt detector.  I am fairly certain that this was an elaborate scam.  James, I am sorry, but I don't believe one word of what you have written the past 5 years.  You may be a genius con artist or a just an educated person who fumbled his way through this disaster.  My guess is that the miners were probably running the whole time.  I would be happy to take the broken/damaged equipment or whatever is left off your hands.  But I'm sure you have some excuse like you've "thrown them out" by now.  And whatever happened to the membership of SWMC?  That just disappeared.  So, I'm over it, don't bother replying and while I didn't lose alot of btc, I did gain an invaluable ability to avoid clever thieves like yourself.

I hope you're broke..

~D