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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007895 times)
adizzle
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June 22, 2014, 03:10:58 PM
 #35621

Hey guys/gals(if any), shipping of the Neppy's is nearing ever so closely..has anyone done the mining calculations? one of my friends has 4 Neppy's incoming batch 2(order #180XX), he is pretty upset now because after doing his mining calculations he told me he would be lucky to mine 30BTC by Dec 2014 with all 4 Neps hashing away, is this true Huh? can anyone elaborate with possibly some calculations from more seasoned mining veterans?

~Thanks
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Biodom
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June 22, 2014, 03:11:39 PM
 #35622

KNC now bigger than Elegius, catching up to BTCGuild...

https://blockchain.info/pools

They are bigger than BTCGuild for the past 24 hours: https://blockchain.info/pools?timespan=24hrs

I find this amusing in a masohistic kind of way. Did they deliver Neptune to almost anyone (except a person or two)?
Also, there is a crazy mining race occurring, but the final demand for BTC is simply not there yet and the price stagnates.
All these megamines will mine themselves to a $100 bitcoin.
samsonn25
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June 22, 2014, 03:21:33 PM
 #35623

Hey guys/gals(if any), shipping of the Neppy's is nearing ever so closely..has anyone done the mining calculations? one of my friends has 4 Neppy's incoming batch 2(order #180XX), he is pretty upset now because after doing his mining calculations he told me he would be lucky to mine 30BTC by Dec 2014 with all 4 Neps hashing away, is this true Huh? can anyone elaborate with possibly some calculations from more seasoned mining veterans?

~Thanks

If you received them this week.

I think around 6 btc each. By december it will be pretty much done.

Batch 2 will be less. Less
aasl
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June 22, 2014, 03:24:25 PM
 #35624

Hey guys/gals(if any), shipping of the Neppy's is nearing ever so closely..has anyone done the mining calculations? one of my friends has 4 Neppy's incoming batch 2(order #180XX), he is pretty upset now because after doing his mining calculations he told me he would be lucky to mine 30BTC by Dec 2014 with all 4 Neps hashing away, is this true Huh? can anyone elaborate with possibly some calculations from more seasoned mining veterans?

~Thanks

check my calculation: https://bitcointalk.org/index.php?topic=170332.msg7433025#msg7433025

you can get back 6-7 btc for each neptune.

BTC: 1DREAMcn1ELY1cSnNwrjRazGqfW1NyvLJu    DigitalOcean Reg: https://www.digitalocean.com/?refcode=bd7f576a880a
Coinbase: http://bit.ly/1jc0dpQ
Cloud Hashing: https://www.hashyun.com/?f=u86
sikke
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June 22, 2014, 03:28:47 PM
 #35625

https://bitcoinwisdom.com/bitcoin/difficulty

Very cool to see how KNC + Bitmaintech are deploying new hardware in past days. Haha there will be +30% difficulty jump.
At enterprise level bitcoing mining is way too profitable for this thing to stop. We will see +20PH deployed in weeks

What other business you get such a profits for few million $ investment.

ChipMixer.com.|.Mixing reinvented for your privacy.|.ChipMixerwzxtzbw.onion
miglio46
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June 22, 2014, 03:29:40 PM
 #35626

so... if you want to put them in a rack ... which size would you choose?
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June 22, 2014, 03:43:46 PM
 #35627

Hey guys/gals(if any), shipping of the Neppy's is nearing ever so closely..has anyone done the mining calculations? one of my friends has 4 Neppy's incoming batch 2(order #180XX), he is pretty upset now because after doing his mining calculations he told me he would be lucky to mine 30BTC by Dec 2014 with all 4 Neps hashing away, is this true Huh? can anyone elaborate with possibly some calculations from more seasoned mining veterans?

~Thanks


If this post helped you and you feel generous you know what to do: 1P9tXFy9bVgzrfPGeV7F8np26ZtFdCCWvz
RealMalatesta
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June 22, 2014, 03:43:54 PM
 #35628

Hey guys/gals(if any), shipping of the Neppy's is nearing ever so closely..has anyone done the mining calculations? one of my friends has 4 Neppy's incoming batch 2(order #180XX), he is pretty upset now because after doing his mining calculations he told me he would be lucky to mine 30BTC by Dec 2014 with all 4 Neps hashing away, is this true Huh? can anyone elaborate with possibly some calculations from more seasoned mining veterans?

~Thanks

check my calculation: https://bitcointalk.org/index.php?topic=170332.msg7433025#msg7433025

you can get back 6-7 btc for each neptune.

That was way too optimistic. You calculated with a difficulty increase of 20%. I'd say you'll be lucky with 4 to 5 for each Neptune.
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June 22, 2014, 03:51:07 PM
 #35629

What other business you get such a profits for few million $ investment.

You are joking, right ?
xstr8guy
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June 22, 2014, 03:56:48 PM
 #35630

The next few difficulty adjustments are going to be brutal. I'm even more content now that I took the Neptupiter (Juptune?) offer and didn't wait for the Neptune. Still, I would have been much better off if I'd taken the refund, lol.

But now I'm absolutely certain I will never order another miner as long as I live. And I'll probably be switching over to some SHA shitcoins sooner than I thought.
sikke
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June 22, 2014, 03:57:42 PM
 #35631

What other business you get such a profits for few million $ investment.

You are joking, right ?

Yes I am.
Take preorder $ and mine with the clients equipment in datorhall for 6 months is best way.
Past days KNC doubled their blocks found.

ChipMixer.com.|.Mixing reinvented for your privacy.|.ChipMixerwzxtzbw.onion
aasl
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June 22, 2014, 04:01:44 PM
 #35632

Hey guys/gals(if any), shipping of the Neppy's is nearing ever so closely..has anyone done the mining calculations? one of my friends has 4 Neppy's incoming batch 2(order #180XX), he is pretty upset now because after doing his mining calculations he told me he would be lucky to mine 30BTC by Dec 2014 with all 4 Neps hashing away, is this true Huh? can anyone elaborate with possibly some calculations from more seasoned mining veterans?

~Thanks

check my calculation: https://bitcointalk.org/index.php?topic=170332.msg7433025#msg7433025

you can get back 6-7 btc for each neptune.

That was way too optimistic. You calculated with a difficulty increase of 20%. I'd say you'll be lucky with 4 to 5 for each Neptune.

yes. I just show even with the most optimistic situation, we are still far from getting back the investment.

BTC: 1DREAMcn1ELY1cSnNwrjRazGqfW1NyvLJu    DigitalOcean Reg: https://www.digitalocean.com/?refcode=bd7f576a880a
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Cloud Hashing: https://www.hashyun.com/?f=u86
Winsome
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June 22, 2014, 04:29:45 PM
 #35633

Hey guys/gals(if any), shipping of the Neppy's is nearing ever so closely..has anyone done the mining calculations? one of my friends has 4 Neppy's incoming batch 2(order #180XX), he is pretty upset now because after doing his mining calculations he told me he would be lucky to mine 30BTC by Dec 2014 with all 4 Neps hashing away, is this true Huh? can anyone elaborate with possibly some calculations from more seasoned mining veterans?

~Thanks

According to http://www.bitcoinx.com/profit/, as a Batch 2 customer, I expect to nearly pay for my original Neptune unit by the end of year including power costs. My profit will be found in 5 months of mining with the second unit, and in selling the used units at a greatly reduced rate when I'm done with them.

Of course, any predictions beyond a couple months are difficult to make with accuracy. And as with most investments such as stocks etc., "past performance is not indicative of future earnings". No way to be sure of anything.

New to this forum, waiting for a batch 2 Neptune
samsonn25
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June 22, 2014, 04:32:47 PM
 #35634

Did you factor that difficulty increases every 13 days?

June 30 is estimated to be 17 Billion already.

In 5 months will be 90 Billion
JasonSW
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June 22, 2014, 04:35:48 PM
 #35635

They said will ship this week, do they really ship?
aasl
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June 22, 2014, 04:38:02 PM
 #35636

Hey guys/gals(if any), shipping of the Neppy's is nearing ever so closely..has anyone done the mining calculations? one of my friends has 4 Neppy's incoming batch 2(order #180XX), he is pretty upset now because after doing his mining calculations he told me he would be lucky to mine 30BTC by Dec 2014 with all 4 Neps hashing away, is this true Huh? can anyone elaborate with possibly some calculations from more seasoned mining veterans?

~Thanks

According to http://www.bitcoinx.com/profit/, as a Batch 2 customer, I expect to nearly pay for my original Neptune unit by the end of year including power costs. My profit will be found in 5 months of mining with the second unit, and in selling the used units at a greatly reduced rate when I'm done with them.

Of course, any predictions beyond a couple months are difficult to make with accuracy. And as with most investments such as stocks etc., "past performance is not indicative of future earnings". No way to be sure of anything.

I don't know what is "decline rate per year" in this online calculator. try this one: https://bitcoinwisdom.com/bitcoin/calculator

And the next difficulty adjustment is from 90P to 130P!

BTC: 1DREAMcn1ELY1cSnNwrjRazGqfW1NyvLJu    DigitalOcean Reg: https://www.digitalocean.com/?refcode=bd7f576a880a
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Cloud Hashing: https://www.hashyun.com/?f=u86
TracerX
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June 22, 2014, 04:39:23 PM
 #35637

They said will ship this week, do they really ship?

They are testing something now, check out the KNC Miner moving to third position today.  https://blockchain.info/pools?timespan=24hrs
samsonn25
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June 22, 2014, 04:44:45 PM
 #35638

They said will ship this week, do they really ship?

They are testing something now, check out the KNC Miner moving to third position today.  https://blockchain.info/pools?timespan=24hrs

5PH increase is like 1700 Neptunes
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June 22, 2014, 04:53:47 PM
 #35639

Well, with my estimate of more than half of the neptune orders refunded (because more than half the miners can do basic maths) and some people who went for the frankenjupiters,
they have easily got 1000+ Neptunes to simply install in their DC.



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samsonn25
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June 22, 2014, 04:57:18 PM
 #35640

Well, with my estimate of more than half of the neptune orders refunded (because more than half the miners can do basic maths) and some people who went for the frankenjupiters,
they have easily got 1000+ Neptunes to simply install in their DC.

They made alot more than the pre-ordered units, wouldnt surprise me if they are pointing those at other pools to hide hash power.
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