Swedish ASIC miner company kncminer.com

[Searing]

If that's the case then fuck their hosted 3TH plan B bullshit.  If the neptune delivery slips I am getting a refund and buying BTC.

Going on previous form, by the time they actually slip, they will declare that your order is 'in production', and refuse to refund you.

to be fair that was within 2 weeks if I remember correctly....and if they do that sometime before march 15th or so I'd be thrilled

but unlikely I grant you

Searing

[vesperwillow]

I suppose folks should hope the current BTC price isn't where it's at when Neptunes hit.  Man that would blow.

[Grix]

I suppose folks should hope the current BTC price isn't where it's at when Neptunes hit.  Man that would blow.

I used a value of $600 in my calculations before I preordered. IMO if anyone is unhappy with the recent developments they should have done more research before ordering. Nothing really surprising has happened.

[vesperwillow]

^-- One of the few voices of reason in here.

[opentoe]

People, KNC looks at us only as a source if income and money. They want to suck as much money out of us as possible and really could care less about what we think. Every single decision they make has been in their best interest financially and not for any community. Heck, that's why they got into the business to make money. I'm surprised my Jupiter went from .5 coin a day to today is only .08. And that was only since November. This network is growing so fast, isn't really regulated and can't be stopped like our native banking institutions. I'll be getting ready to turn my Jupiter off soon since what I'm making with it won't even pay for electricity soon. Then take into account the BTC crash we are seeing now it's just compounding the pressure for an explosion at one point. When I woke up this morning to check preev and saw $630 my jaw dropped. I'm thinking we could see a pretty big drop, all the way down to $200 or less pretty soon. Well, maybe a lot of people will buy bitcoin now which would hopefully drive it up a bit?

[vesperwillow]

I'm one of the ones hoping it tanks temporarily, for a good buy-in period haha.

[DPoS]

I suppose folks should hope the current BTC price isn't where it's at when Neptunes hit.  Man that would blow.

I used a value of $600 in my calculations before I preordered. IMO if anyone is unhappy with the recent developments they should have done more research before ordering. Nothing really surprising has happened.

and those said calculations are??   

[joeventura]

People, KNC looks at us only as a source if income and money. They want to suck as much money out of us as possible and really could care less about what we think. Every single decision they make has been in their best interest financially and not for any community. Heck, that's why they got into the business to make money. I'm surprised my Jupiter went from .5 coin a day to today is only .08. And that was only since November. This network is growing so fast, isn't really regulated and can't be stopped like our native banking institutions. I'll be getting ready to turn my Jupiter off soon since what I'm making with it won't even pay for electricity soon. Then take into account the BTC crash we are seeing now it's just compounding the pressure for an explosion at one point. When I woke up this morning to check preev and saw $630 my jaw dropped. I'm thinking we could see a pretty big drop, all the way down to $200 or less pretty soon. Well, maybe a lot of people will buy bitcoin now which would hopefully drive it up a bit?

Your electricity must be REALLY expensive.

By my calculations you are making $1500 a month at today's rates.
Even if the power to run it was $200 a month you should be mining for a few more months.

[soy]

so hashrate went up 1/3rd in 30 days?

[el_rlee]

What does "3 to 10 business days" usually translate to?

[joeventura]

What does "3 to 10 business days" usually translate to?

In spanish: 3 a 10 días laborables
french: 3 à 10 jours ouvrables
chinese: 3至10個工作日


Does this help?

[el_rlee]

What does "3 to 10 business days" usually translate to?

In spanish: 3 a 10 días laborables
french: 3 à 10 jours ouvrables
chinese: 3至10個工作日


Does this help?

I would be particularly interested in the Swedish interpretation of the term.

[vesperwillow]

so hashrate went up 1/3rd in 30 days?

KNC says it hasn't gone up noticeably at all.

[Searing]

I suppose folks should hope the current BTC price isn't where it's at when Neptunes hit.  Man that would blow.

I used a value of $600 in my calculations before I preordered. IMO if anyone is unhappy with the recent developments they should have done more research before ordering. Nothing really surprising has happened.

so using these calculations with the expected difficulty rise...what do you get ROI only or more then such..then if you bought $600 usd coins today on mtgox (if you are gonna holld you coul just as well buy on mtgox i guess)

curious for  a different viewpoint...my current thought is i should punt my neptunes

just muddling thru

Searing

[padrino]

so hashrate went up 1/3rd in 30 days?

KNC says it hasn't gone up noticeably at all.

I had someone that is working bulk orders with KNC tell me that Sam Cole himself told him that the hashrate will flatten until they are shipping Neptunes as no one will be introducing significant hashrate into the network.. What is worse is this person didn't understand that the network hashrate isn't a secret as the difficulty is tied to it..

It's on track for another 20% at the next turn and has been doing 20%+ for a while, not sure how KNC can say anything like that as it's showing no signs of slowing down.

[NetTime]

Sam needs a fuckin' reality check then bloody hell these guys have turned into assholes.

[vesperwillow]

so hashrate went up 1/3rd in 30 days?

KNC says it hasn't gone up noticeably at all.

I had someone that is working bulk orders with KNC tell me that Sam Cole himself told him that the hashrate will flatten until they are shipping Neptunes as no one will be introducing significant hashrate into the network.. What is worse is this person didn't understand that the network hashrate isn't a secret as the difficulty is tied to it..

It's on track for another 20% at the next turn and has been doing 20%+ for a while, not sure how KNC can say anything like that as it's showing no signs of slowing down.

Sounds like he may have been misleading the individuals on purpose, and establishing more of their own made-up reasons not to follow through with their NPS claims.

[Phoenix1969]

so hashrate went up 1/3rd in 30 days?

KNC says it hasn't gone up noticeably at all.

I had someone that is working bulk orders with KNC tell me that Sam Cole himself told him that the hashrate will flatten until they are shipping Neptunes as no one will be introducing significant hashrate into the network.. What is worse is this person didn't understand that the network hashrate isn't a secret as the difficulty is tied to it..

It's on track for another 20% at the next turn and has been doing 20%+ for a while, not sure how KNC can say anything like that as it's showing no signs of slowing down.

Sounds like he may have been misleading the individuals on purpose, and establishing more of their own made-up reasons not to follow through with their NPS claims.

To me it sounds more like NPS reading comprehension is a problem for many in here.
and... "Will flatten" acknowledges a continuing rise in Diff  ....   which also negates the NPS.
The diff has risen like over 500% since then... forget about the NPS already, it's done.

Holding on to the hope or dream they are going to stop manufacturing for your benefit is silly...  They're not in this to lose.
and yeah, the diff-rise is no secret... so I totally don't know what the point is....
other than... "hurry up and deliver..."  ?
or am I reading your post wrong...and you are saying the diffrise says hurry the hell up?
Either way, the NPS has been fufilled.

[vesperwillow]

Holding on to the hope or dream they are going to stop manufacturing for your benefit is silly...  They're not in this to lose.
and yeah, the diff-rise is no secret... so I totally don't know what the point is....
other than... "hurry up and deliver..."  ?

Wholly agree, this is what I've been saying. Just commenting that KNC has been downplaying any asic manufacturer and diff rise in correspondence to people over the past 90 days, saying it basically didn't exist. Another example of their clear shift toward OEM-based focus, not wanting to deal directly with customers.

[soy]

so hashrate went up 1/3rd in 30 days?

KNC says it hasn't gone up noticeably at all.

I had someone that is working bulk orders with KNC tell me that Sam Cole himself told him that the hashrate will flatten until they are shipping Neptunes as no one will be introducing significant hashrate into the network.. What is worse is this person didn't understand that the network hashrate isn't a secret as the difficulty is tied to it..

It's on track for another 20% at the next turn and has been doing 20%+ for a while, not sure how KNC can say anything like that as it's showing no signs of slowing down.

Sounds like he may have been misleading the individuals on purpose, and establishing more of their own made-up reasons not to follow through with their NPS claims.

To me it sounds more like NPS reading comprehension is a problem for many in here.
and... "Will flatten" acknowledges a continuing rise in Diff  ....   which also negates the NPS.
The diff has risen like over 500% since then... forget about the NPS already, it's done.

Holding on to the hope or dream they are going to stop manufacturing for your benefit is silly...  They're not in this to lose.
and yeah, the diff-rise is no secret... so I totally don't know what the point is....
other than... "hurry up and deliver..."  ?
or am I reading your post wrong...and you are saying the diffrise says hurry the hell up?
Either way, the NPS has been fufilled.

Usually I agree with you but did KnC sell a significant quantity of 28nm ASICs or not?  If yes then no they did not fulfill their NPS.