We are given to understand and believe that since the sale of upgrade modules, KnC has added nothing to the network hashrate, that the near constant growth has not included any new KnC miners. But we do not know how many KnC 28nm ASICs were sold to private buyers if any.
That the 28nm Jupiter farm yet to be deployed in northern Sweden will accelerate the ongoing hashrate rise while if we choose to take possession of the Neptune we will not be given compensation from that Jupiter farm.
This is a particularly interesting thing to note, especially for folks skeptical of the fact that KNC purposefully failed to uphold their NPS claims, kicked its customers in the nuts, and walked off laughing.
* Up to the start of the NPS window, they emphasized that they would absolutely open up the doors for more orders if competitors shipped hashrate
* They maintained for the duration of the NPS window, that no competitors were shipping hashrate.
* The network rate increased significantly during the NPS window, this can only occur when more systems come online, which typically occurs when new systems are produced and turned on
* They then say they didn't increase the network after Batch 2
* They claim they certainly didn't manufacture or sell anything after Batch 2
* Anyone who isn't KNC but who makes Bitcoin ASIC systems, is a competing manufacturer
* If KNC didn't sell, produce, manufacture or ship bitcoin systems, but the network rate rose noticeably, then someone else did--which means competitors shipped hashrate
Basically, they didn't want to sell more hashrate to its customers because they knew they could deliver the product swiftly and that it would work. Why would this matter to them? It cuts their own mining profits down to a wire-thin margin. It also would've guaranteed they couldn't charge ape-rape amounts for the Neptune, because nobody would buy it 6 months out when the difficulty was stupid-high, for that price at least.
As has been repeated, it would not benefit their existence to sell you more products as they promised. It does benefit them, however, to crowd-fund a datacenter where they get free mining equipment and free electricity to mine with.
Think about itCan anyone show a realistic projection where the Neptune makes back the initial BTC in 6 months with a delivery past April?
A billion pages back myself and some others outlined our projections for the Neptune and why we refused to preorder it. I don't have a link to the post, but essentially it goes like this: Based on our estimated difficulty math, unless you got the miner in March or first half of April, it would not make back its BTC cost in its lifetime.
I believe my estimate was that if you got it by May 1st, you would make back at most 4-7 BTC, and that's with Lady Luck on your lap.
Bear in mind, the difficulty we're at now is a smidge higher than I thought it would be for February, so my projections are now slightly worse. Q1 delivery is paramount to ROI, first couple weeks Q2 delivery is your last bet for hope. Beyond that, it's a brick.
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