Bitcoin Forum

Bitcoin => Mining => Topic started by: Boris-The-Blade on May 12, 2014, 08:04:04 PM



Title: How many people have chosen not to refund there KnC Neptunes?
Post by: Boris-The-Blade on May 12, 2014, 08:04:04 PM
As the title says. How many of you are keeping the Neptune and not refunding or taking one of the Super Jupiters?


Title: Re: How many people have chosen not to refund there KnC Neptunes?
Post by: greghawk on May 12, 2014, 08:56:40 PM
Me.
And you?


Title: Re: How many people have chosen not to refund there KnC Neptunes?
Post by: owox on May 13, 2014, 09:35:06 PM
i chose to get a refund. Initially was told it will take 7 to 10 working days for refund (bank transfer or BTC). Now i have been told by KNC  it will take weeks for a bank transfer refund and maybe another 7 to 10 days for a BTC refund. Ordered in Dec 2013 when price was still 1000 USD to BTC...


Title: Re: How many people have chosen not to refund there KnC Neptunes?
Post by: zeetak on May 14, 2014, 02:34:55 AM
I paid 24 BTC for 2 back in late november and decided to refund them sometime mid-feb. They wired me $20,300 and I was pretty happy, given that it would buy something like 36 bitcoins at that time.

I've since decided that mining for huge profits is probably not the best idea. I'm in it for a hobby as well as maybe hitting it lucky on some unknown alt coins (scrypt, x11, or even cryptonight).


Title: Re: How many people have chosen not to refund there KnC Neptunes?
Post by: Perseus353 on May 14, 2014, 06:46:32 PM
I chose to swap for a Titan -- a much better deal, and I'm happy they gave good customers the option. 

KNC have prioritised setting up their own massive mining rig in northern Sweden above getting the Neptunes to their customers in time.

Now 3 TH is worth a lot less than a Jupiter's 550 GH in October. Even less so when they finally come out.

They have significantly contributed to the expansion of the network in the past two months, and they're keeping it for themselves first -- they have completely diluted the value of the Neptune, and screwed over their customers.

My advice: if you still have a Neptune on order and have the option to switch to a Titan -- do it and mine Litecoin or any of the other scrypt twatcoins out there.



Title: Re: How many people have chosen not to refund there KnC Neptunes?
Post by: Boris-The-Blade on May 20, 2014, 10:05:17 PM
I ended up receiving my refund from KnC on one of my miners that i paid for in cash. It took about 2 weeks and they paid me in Bitcoins.
I have already made $1500 from the original refund because the price rised just after they refunded when it was low  ;D


Title: Re: How many people have chosen not to refund there KnC Neptunes?
Post by: trader001 on May 21, 2014, 12:02:34 AM
Can miner still make profit with Neptunes?


Title: Re: How many people have chosen not to refund there KnC Neptunes?
Post by: Zelek Uther on May 21, 2014, 07:23:12 PM
I'm still holding on to my CA batch Neptune. Very curious to see what the final product will be like.


Title: Re: How many people have chosen not to refund there KnC Neptunes?
Post by: onlyu on May 21, 2014, 09:20:13 PM
I chose to swap for a Titan -- a much better deal, and I'm happy they gave good customers the option. 

KNC have prioritised setting up their own massive mining rig in northern Sweden above getting the Neptunes to their customers in time.

Now 3 TH is worth a lot less than a Jupiter's 550 GH in October. Even less so when they finally come out.

They have significantly contributed to the expansion of the network in the past two months, and they're keeping it for themselves first -- they have completely diluted the value of the Neptune, and screwed over their customers.

My advice: if you still have a Neptune on order and have the option to switch to a Titan -- do it and mine Litecoin or any of the other scrypt twatcoins out there.




It is unlikely the Titan can RoI if they release it in late September.


Title: Re: How many people have chosen not to refund there KnC Neptunes?
Post by: hulk on May 23, 2014, 12:30:27 AM
I chose to swap for a Titan -- a much better deal, and I'm happy they gave good customers the option. 

KNC have prioritised setting up their own massive mining rig in northern Sweden above getting the Neptunes to their customers in time.

Now 3 TH is worth a lot less than a Jupiter's 550 GH in October. Even less so when they finally come out.

They have significantly contributed to the expansion of the network in the past two months, and they're keeping it for themselves first -- they have completely diluted the value of the Neptune, and screwed over their customers.

My advice: if you still have a Neptune on order and have the option to switch to a Titan -- do it and mine Litecoin or any of the other scrypt twatcoins out there.




It is unlikely the Titan can RoI if they release it in late September.

Because Titan is 250 MH/z which is the fastest in the market, so even if they deliver in september we should still see ROI unless the market is flooded with 500 MH/z all of sudden..


Title: Re: How many people have chosen not to refund there KnC Neptunes?
Post by: trashymonkey on May 23, 2014, 02:54:55 AM
I got the refund as well. Who wouldn't? Or at least upgrade to something better?