Help understand Black Arrow, Neptune?

[cdog]

But as a noob to mining. Could I reasonably get this in the mail. plug it in down stairs and monkey my way through setup?

Im gonna suggest that as a noob, you dont start with a $6k machine. It also depends on how much $6k is to you.

Im just saying, there is HUGE potential for heartbreak in mining.

Lets say You buy an X3 today for what, 7 BTC. Then they dont end up shipping until June because of issues with board/power draw.

Your miner will now only return 2 BTC. So you spent 7 BTC to make 2. And, lets say BTC goes crazy and is worth $5000 each. You lost out on $25k.

The best investment strategy for BTC is buy and hold. Mining, especially in 2014, is for bigtime gamblers with balls of steel.

[takagari]

But as a noob to mining. Could I reasonably get this in the mail. plug it in down stairs and monkey my way through setup?

Im gonna suggest that as a noob, you dont start with a $6k machine. It also depends on how much $6k is to you.

Im just saying, there is HUGE potential for heartbreak in mining.

Lets say You buy an X3 today for what, 7 BTC. Then they dont end up shipping until June because of issues with board/power draw.

Your miner will now only return 2 BTC. So you spent 7 BTC to make 2. And, lets say BTC goes crazy and is worth $5000 each. You lost out on $25k.

The best investment strategy for BTC is buy and hold. Mining, especially in 2014, is for bigtime gamblers with balls of steel.

Oh I understand the steel balls thing.
But you figure if a 2TH  item isn't shipped until June, the return would be so low it would never get back what was put into it?
6 grand is 6 grand, its far from pocket change, but it's also not my kids school fund or my retirement lol.

I'd like to buy a large machine in the new year. but yes the issue seems to be none of these bastards are reliable enough. sigh. Which make's all of this hard to bite into.

I'd buy into any machine right now. I'm even trying to find a reliable mining company to buy share's off... as an alternate option..

It's a sin this whole damn BTC setup is such a scam. Probably the coin's biggest flaw Or the community at least.

[mboehler]

But as a noob to mining. Could I reasonably get this in the mail. plug it in down stairs and monkey my way through setup?

Im gonna suggest that as a noob, you dont start with a $6k machine. It also depends on how much $6k is to you.

Im just saying, there is HUGE potential for heartbreak in mining.

Lets say You buy an X3 today for what, 7 BTC. Then they dont end up shipping until June because of issues with board/power draw.

Your miner will now only return 2 BTC. So you spent 7 BTC to make 2. And, lets say BTC goes crazy and is worth $5000 each. You lost out on $25k.

The best investment strategy for BTC is buy and hold. Mining, especially in 2014, is for bigtime gamblers with balls of steel.

Oh I understand the steel balls thing.
But you figure if a 2TH  item isn't shipped until June, the return would be so low it would never get back what was put into it?
6 grand is 6 grand, its far from pocket change, but it's also not my kids school fund or my retirement lol.

I'd like to buy a large machine in the new year. but yes the issue seems to be none of these bastards are reliable enough. sigh. Which make's all of this hard to bite into.

I'd buy into any machine right now. I'm even trying to find a reliable mining company to buy share's off... as an alternate option..

It's a sin this whole damn BTC setup is such a scam. Probably the coin's biggest flaw Or the community at least.

Try https://bitcointalk.org/index.php?topic=251423.0 for a reliable mining company.

[soy]

All in or all out. I'd essentially set this up and forget it.
 

Ha.  These miners need about the same attention as a newborn home from the maternity ward.

[soy]

I'd like to know why knc discontinued a product that isn't even really available.  I thought after the initial batch of Jupiters sold out there would be another.  I was ready to buy the next in the 2nd batch when they got their shit together.  Now it's not even available to order and the next new thing is preorder (Neptune).  It's like they love to have a perpetual preorder making it risky for buyers.

Unlike a well known and well trashed in the forums hardware manufacturer in the US, it seems the KnC people look at the what their production does to their customers' mining effectiveness.  If they just dump all the miners then can manufacturer out into the wild, return will plummet - miners will make squat.  It's an ethical decision.  Their customers put faith in them by paying pre-orders in sizable amounts to an unknown company.   It paid off.  Existing customers now get first shot at limited production miners and they go fast.  It seems unfair if one doesn't own a KnC miner but then there was that pre-order risk.