stocking meaning you keep them in boxes in a warehouse ready to be shipped asap, not mining with them  Shouldn't we just shipped them the moment they're ready ? This is exactly what we're doing... You could use a system that fulfills both criteria. Build your miners, and put them up for sale the moment they are ready. Then ship them as soon as they are sold. You seem to make such small batches anyway that you should have no trouble selling them. Win-win. |
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That answers one question but not the other, you must have seen it as you removed it when you quoted my original post
Why do you think 'build to order production line' is the best sales model?
Maybe because "its working for them so far" people seem to be buying, they seem to be working flat out to fulfill orders...  BTW I'm not advocating the model. But as someone else said, in August there will probably be other players selling from stock esp China. This would make sense looking at how fast they have caught up and the way the marketplace has changed to a year ago. I've also done my last preorder. Bitmain has changed the landscape forever and thats the model we want to promote. I understand why not stocking is good from a business sense, the risk is all on the buyers not on the company, build to order is a good business model for the business, no stock means nothing sitting on the shelf eating away profits. It means nothing that has to be sold in "fire sale" ie at a loss, to clear old inventory. |
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3TH gets you between 3.5 and 4 BTC a month (first month) you guys in the $10k club need 22 BTC just to get to zero
Math does not work when the diff is doubling every 35 to 40 days
Best of luck to all
Not me. I paid 10 BTC for my order. I need to make 10 BTC to break even.  +1 |
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when i took my ant miners in to show them
they freaked out a bit lol
but as most of us has S1 / KNC type miners its not a issue
i did say that if some one want us to host there ant miners then we can charge them for shelf space
but on the hole they think its a good idea
just need to make sure that i have all the information in the right place
I've PM'ed you. But the gist of what I have said in PM for everyone else is this: I'd build a separate network for the miners, completely firewalled off from any other networks. I'd also offer two access services, a firewalled NAT service with a DNAT acess to the miners or SSL VPN access, probably for smaller setups Then a full access service for those who want to provide their own network, e.g. switches and firewall setup. How I suggest you break it down is: Space Cost: Charge by the rack space used: - 1 4U Shelf
- 1/4 Rack
- 1/2 Rack
- Full Rack
Power Cost:Charge by the 1 Amp but give some ideas to help with the AMP->WATT conversion as most miners work in Watts e.g.: - 1 AMPS (240W) e.g. 1 x 180GH Bitfury rig
- 1.6 AMPS (400W) e.g. 1 x ANTMINER S1
- 3 AMPS (700W) e.g. 1 x KnC Jupiter
- 4 AMPS (950W) e.g. 1 x 1TH ANTMINER S2 / 1TH A1 Dragonminer
- 6 AMPS (1440W) etc
Data:Miners dont need much data, so probably just a couple of TB a month, maybe 5-10Mb/s would cover any eventuality up to a full rack, but I doubt even that. From what I have seen 3.5 TH of miners only pulls about 3GB a month. Also, people may also want physical access especially if they get a full rack or multiple racks. |
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What is the power usage on that monster? What kind of PSU(s) will it require. Can it be run safely on household circuits?
Is it just parts or is it somewhat preassembled?
Are these used Datorhall boards?
Many more questions remain unanswered.
Power usage, its Jupiter Nov version so probably similar 1.3W/GH or more overclocked. As to the rest of the questions some of it is answered in the email Each setup contains
• 18 of our own 28nm 8 DC/DC module ASIC boards with coolers,
• 3 controller cards,
• all cables needed,
• Power supplies not included.
The boards are in aluminum boxes, each box contains 3 chips side by side with front and rear cooling vents. Each controller card runs two boxes.
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I don't understand why are people angry. While i was pissed at the refund thing, i don't see anything bad with the latest news. Will someone enlighten me why is everyone pissed? You paid for a 3TH/s miner with announced delivery on Q1/Q2. So the deadline is 30 June 2014. You will get the promised 3TH/s in June!(either as a free-hosted cloud hashing power either as a physical miner) It's very close to the deadline, but they respect their word. How many companies respect their pre-order deadlines? As long as they respect their own deadline i don't see a problem. Yes i am aware that they already have the cloud hashing power, but why should they give it to the customers right now? They gain nothing and the customers agreed to the Q2 deadline. If you don't like the Q2 deadline then you shouldn't have bought Neptunes! Easy as that. It's amaizing that people are complaining that this company already has a back up 2-3 months before their deadline, while other companies missed their deadline by a lot. I bet that customers that bought from TH, VMC, BFL, Bitmine, BA, HashFail(am i right cedivad?) wished their company had a back up plan as cloud hashing  Edit: Forgot HashFail! "Q1/Q2" MEANS--- March or April.. End of Q2 = June.. misleading at Best!! Only if you are an idiot. Q1/Q2 means any time in Q1 or Q2 |
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TSMCs 20nm process is looking screwed up for everyone... http://wccftech.com/nvidia-maxwell-20nm-delayed-late-2014-early-2015/methinks either KNC is the guinea-pig/lab-rat or gets the shaft with nVidia champing at the bit, neither sound good. So, IMO, take the 3Th of Jupiters, wait for the cloud hashing, or refund, but don't expect to see a Neptune real soon, KNC has done their end, but TSMC looks like fucking things up. Q2 delivery is looking unlikely now, and I don't think KNC can do anything to change that, TSMCs 20nm schedule started slipping late last year and I guess that's when the contingency plans came into play for "worst case scenario", kudos to them for planning something instead of blindly hoping. No doubt KNC will make heroic efforts should TSMC pull their finger out, actually honor the "little guy's" order on schedule with impatient industry giants ready to rip them a new one, and actually send chips in Q2, but sounds too much like a fairy tale now. Not trying to troll you Neptune orderers, just call it as I see it, Flash. Theres a whole world of difference between a GPU and an ASIC. All that article says is "Basically 20nm has already begun at TSMC, but apparently the process is not yet ready for full fledged GPU core production" |
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have you heard of these guys... 'bitcoin brothers' http://cointelegraph.com/post/the_new_leader_in_mining_interview_with_thomas_j_ackerman_bitcoin_brothers#.U0P8F6i99rhbelow is what they think of KNC AS: What gives your company a competitive edge over companies like KnCMiner for example?
TA: Well our chips are much better, they use a lot less power and they’re available - we can start making those wafers tomorrow. Our cost of operation is very low so we can sell the capacity way below the price of our competitors. So we operate at a fraction of the cost compared to KnCMiner which at least makes its own chips - not very successfully unfortunately.
Not to play them down, but they do have a problem with that. The cost of operation that they have in Sweden is high and they can’t bring power to their data-centers very quickly and only very expensively. In Sweden, the green power that they use costs them something like 30 cents per kWh. It’s really, really expensive. So while it technically works, it takes a much longer to time to deploy and, from a business point of view, not very profitable to run. We certainly don’t want to put them out of business because we need a healthy competition but there is two or three other big companies, Cloud Hashing that is buying everyone else’s chips; they’re also housing their operations in Iceland, which makes the most sense, however, they’re buying other chips that are not as efficient as ours. Beyond Cloud Hashing and KnCMiner there very little left.
He sounds like a right cock |
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I requested a refund on my 3 Neptunes 4 days ago and now I feel even better about my decision.
I wonder why people still keep their orders.
The only reason I kept mine was to resell on Ebay, but even at this very moment the prices there has fallen to around £2000-£2500 per 1TH/s so even that opportunity for a profit is gone.
Hey CYPER when you going to post your review of the bitcoinultra rigs you got? |
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I have computer company vat number
Do you know if I can not pay vat?
I did not pay vat from Europe company like knc
Is the same with imports from china?
No its not, you will have to pay VAT. |
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Ken whats the distance between the cooler mounting holes is it 75mm as per 1155/1156 socket mounting?
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Unless you're VAT registered like a sensible person. Be careful with the VAT in the UK, it's not as straightforward as just registering and claiming it back/not paying it and if you get it wrong the penalties are not pleasant. To claim VAT back on outputs you need to be charging VAT on the inputs you can't just use one side. So because the sale of bitcoins doesn't attact VAT then you are unable to claim it back on the purchase of the machine. If you buy hardware to resell then you can claim the VAT back as you would charge it on the sale. This was the advice given to me by my accountants after discussion with HMRC. Not saying it's 100% correct as this is new territory but something to be wary of. +1 http://www.hmrc.gov.uk/vat/start/register/when-to-register.htmYou have to be a business selling goods and/or services regularly and you have to charge VAT on all sales/service invoices. ..... yes? That is how VAT works. All I'm saying is you don't get the additional hit of 20% high purchase price, instead you lose 20% of your profit (or -20% of a loss). Sorry dogie, wasn't aimed at you just at people thinking that getting VAT registered was a simple "fix" just letting them know there is more to it than being a sensible person  Plus the fact you still have to pay the 20% VAT on entry to the country, you don't get out of paying it by being VAT registered, its just you get to claim it back from the government later that quarter. |
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Will get a psu now so maybe 1h or so if i fix it before work.
 looks nice! Might wanna push that white USB cable all the way in before you start it up. |
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Unless you're VAT registered like a sensible person. Be careful with the VAT in the UK, it's not as straightforward as just registering and claiming it back/not paying it and if you get it wrong the penalties are not pleasant. To claim VAT back on outputs you need to be charging VAT on the inputs you can't just use one side. So because the sale of bitcoins doesn't attact VAT then you are unable to claim it back on the purchase of the machine. If you buy hardware to resell then you can claim the VAT back as you would charge it on the sale. This was the advice given to me by my accountants after discussion with HMRC. Not saying it's 100% correct as this is new territory but something to be wary of. +1 http://www.hmrc.gov.uk/vat/start/register/when-to-register.htmYou have to be a business selling goods and/or services regularly and you have to charge VAT on all sales/service invoices. |
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I wasn't joking:  Good luck mate! |
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Might want to check the date of the post?
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I got 4 coming today or tomorrow. Got the tracking number.
Just had 2 delivered today and they are hashing away at full speed. Very impressed with the low (0.41 W/GH) power draw.
Ordered 5 of the 3TH/s models late last night and they just arrived this morning and are already hashing away! Talk about speedy delivery and service.  No fair, April fools or not, some n00bs might read these posts and think they are actually shipping. |
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Its after midday in the UK so it doesn't count
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Spondoolies are around 0.9 w/gh at the wall What is this offering at the wall? Not 0.5 I bet. Who is the ESCROW? Thats what they are claiming. Although I don't think they are legit. But escrow.com is legit EMP Bitcoin? What you turn it on and it blows all the electrical equipment in the building including itself? |
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