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Author Topic: KNCMiner Neptune 3TH miner $9,995  (Read 15702 times)
sl877
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November 27, 2013, 09:42:21 AM
 #41

im going to offer something here, i just did a calculation..

2 TH/s

2.5 billion diff

900 USD/ 1 BTC

$10,585 profit per month


http://www.bitcoinx.com/profit/

so all you guys think were going to be well over 2 billion by halfway thru next year??
i may be way off the mark looking at the replies in this thread but $10,000 for 2TH/s doesnt look that bad to me..

ROI in 6-8 weeks at most it seems like
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November 27, 2013, 09:48:18 AM
 #42

Their current product is against the distributed nature of bitcoin, a few large data center might command more than 50% of the network if this trend continues

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November 27, 2013, 10:08:56 AM
 #43

im going to offer something here, i just did a calculation..

2 TH/s

2.5 billion diff

900 USD/ 1 BTC

$10,585 profit per month


http://www.bitcoinx.com/profit/

so all you guys think were going to be well over 2 billion by halfway thru next year??
i may be way off the mark looking at the replies in this thread but $10,000 for 2TH/s doesnt look that bad to me..

ROI in 6-8 weeks at most it seems like


That's a too simplified calculator (without difficulty increase projection)

There is no possibility for ROI under a 20% increase in each difficulty adjustment --- http://mining.thegenesisblock.com/

And there are other uncertainties, depends on how fast avalon, BFL and bitfury pushing out their next generation devices. There are rumors that Avalon will deliver a 20nm product without the need for pre-order

PenAndPaper
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November 27, 2013, 11:41:38 AM
 #44

Their current product is against the distributed nature of bitcoin, a few large data center might command more than 50% of the network if this trend continues

Buying that product might be against common sense but i don't think that has anything to do with bitcoin's nature per se.
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November 27, 2013, 12:14:46 PM
 #45

Mercury was also BARELY gonna hit ROI when it was released.

I think you need to factor in the expected price increase. Which of course is speculation, but long term, it will most likely be profitable by a large margin. It all depends with perspective you approach your look at your mining "investment"
yrtrnc
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November 27, 2013, 12:36:43 PM
 #46

Mercury was also BARELY gonna hit ROI when it was released.

I think you need to factor in the expected price increase. Which of course is speculation, but long term, it will most likely be profitable by a large margin. It all depends with perspective you approach your look at your mining "investment"

But again, if the price will increase that much then you might aswell just invest by buying coins. Litecoins or bitcoins
PenAndPaper
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November 27, 2013, 12:51:12 PM
 #47

I think you need to factor in the expected price increase. Which of course is speculation, but long term, it will most likely be profitable by a large margin. It all depends with perspective you approach your look at your mining "investment"

You should compare an investment in asics against buying bitcoins directly. When you buy an asic you just buy bitcoins that are going to get credited to you over time. (of course asics can mine some altcoins to but thats trivial so far)
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November 27, 2013, 12:55:39 PM
 #48

wasn't it like always the point that people said you will nerver get ROI ?
It was said in the GPU times, now even Asic miners will never get ROI.
I would say, if you have the money I would give it a shot. It will most likely pay out.

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November 27, 2013, 02:42:30 PM
 #49

wasn't it like always the point that people said you will nerver get ROI ?
It was said in the GPU times, now even Asic miners will never get ROI.
I would say, if you have the money I would give it a shot. It will most likely pay out.

Actually I don't remember this being said about gpu mining.
And with a gpu you can do some other things , also people had videocards before even hearing of mining.


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November 27, 2013, 05:00:57 PM
 #50

I've also got a preorder spot that i wont use. Im in the 1-500 group of first gen buyers. PM if interested, i prefer another Swede like me so we can trust each other maximum.
MikeyVeez
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November 27, 2013, 05:17:08 PM
Last edit: November 27, 2013, 05:36:10 PM by MikeyVeez
 #51

I am an existing customer you can order here from me, no upcharge or fee. I have done this with people before.

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November 27, 2013, 07:25:18 PM
 #52

Their current product is against the distributed nature of bitcoin, a few large data center might command more than 50% of the network if this trend continues

Johnny,

thats ridiculous.  Just because people choose to put their miners in a datacenter instead of in their home doesn't change the decentralised nature of bitcoin.  The miners will still be owned by a large and decentralised ownership....  the location isn't thats important, its the ownership.

and anyway, there are thousands of data centres in the world.  they will compete for people's business of where to put their miners, in a free market economy.



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November 27, 2013, 07:48:08 PM
 #53

so all you guys think were going to be well over 2 billion by halfway thru next year??

1 billion by end of year, 2 billion by end of Feb. There's no way they'll ship by then.

Buy & Hold
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November 30, 2013, 01:25:39 PM
 #54

Yes folks, lets try to remember that every egg is a chicken on pre-order.
KnC made in the area of 56 mil. off the sales of their equipment. They did a good job bringing this to market on time and only had a small delay in shipping. That said they had horrible problems with faulty electronics, defective chips and such but they did do better then most to fix that.
The problem is, given they have the profits from a successful launch why do they need to raise money from preorders?
Personally I don't like this model for the general consumer, it makes sense for big companies with exclusive contracts but even in that model there are huge risks.
It makes more sense to invest in a company that mines with a salad of technologies then to be a home miner now.

Just my 2 satoshi's
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November 30, 2013, 01:56:36 PM
 #55

This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months...

crappy... KNC were the leaders in price/performance, now there just cashing in like the rest.  Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining?

+1

I'm also out.. too expensive. It 'll never going to ROI !

KnC is a capitalist company focused only on profit. It doesn't support open source projects.. They never showed us respect for being "valuable customers" any single time. They have been taking advantage on us with their high marketing skills since the first day.

+10

Bitrated user: blastbob.
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March 04, 2014, 06:54:40 AM
 #56

More than 5000-6000$ is excessive. Difficult raise to more than 1000 millions when I receive my jupiters difficult was 187 millions. +5x diff   -5x hashrate   Less than original price of Jupiter.
When 2000 Ghs cost 4999$ delivery date 2/2014 & only 1050w
http://www.blackarrowsoftware.com/store/prospero-x-3.html
Does anyone got those Prosperos x3 ??
Thanks.

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March 04, 2014, 07:48:12 PM
 #57

So black arrow supposed to ship this month but all they have is fake cgi pics on there website and updated text with no pictures !! Not even a single picture of a pcb board or a picture of chips or anything !! If im wrong please post link.. Have a bad feeling about them and glad I never Pre-ordered from them but I hope they do come through there prices are pretty good ......

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https://coinbase.com/?r=5276ab
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March 05, 2014, 02:54:58 AM
 #58

Black arrow will ship at the end of april/ start of may. There was a tape out delay on the Minion. 
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