KNC Mining New Plan "B"

[samsonn25]

Hash while you wait.

First it’s important to note that we don’t expect to be late at all everything is on track. It’s just always good to have a backup plan. Second our mega-data center in the north of Sweden is nearing completion so we can give out some more details. All customers of Neptune’s will be able to use completely free of charge our data center to hash for them at 3TH either on our pool or a pool of their choice while they wait for their product to be shipped. The first customers (batch 1) are expected to be hashing in our data center in early June and the last customer will hash in our data center around the last week of June. All the customers will be able to hash in that data center for as long as we are late in shipping your Neptune product, this service will be provided on a best effort basis. We have a 24/7 operations teams in place with multiple redundant internet and power connections and we will aim to have as close to 0 down time as possible.
 
Convert your Neptune order to a 3TH Jupiter.
 
For those customers who no longer want to wait for their Neptune we have another new option for you. We are releasing for shipment a new 3TH product. We have a total of 400 of these setups available which are based on our existing and proven 28nm chips. Each setup contains
18 of our own 28nm 8 DC/DC module ASIC boards with coolers,
3 controller cards,
all cables needed,
Power supplies not included.
The boards are in aluminum boxes, each box contains 3 chips side by side with front and rear cooling vents. Each controller card runs two boxes. This option will be offered free of charge for anyone wanting to convert their Neptune to a 3TH Jupiter. If more than 400 people want to have the conversion we will ship in order of payment for the original Neptune order. This offer will be open for 7 days for people to contact us. After 7 days from today the exchange will be frozen and people will be contacted who made it onto the queue. The products will then be shipped from stock as soon as possible. This will be offered at no cost to the customers wanting to take 3TH of Jupiter’s instead of waiting for their Neptune’s. There is a 90 day warranty on this product. Anyone wanting to take this option should contact customer service via email with their order number who will then take care of the conversion.
 
Thanks
KnCMiner Team

Option 1 makes it feel like they are doing the customer a favor by making them feel like they are getting something for free, while they actually are hashing with the equipment now.  DUH

Option 2 is them selling their used equipment (which they made tons of besides the older batches for their farms) to you so they can use the newer chips (supposedly delayed).  Again to make it up to the customer while all this time and money was used to develop "newer more efficient" chips.  DUH

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[NetTime]

It's class-A bullshit fuck KnC they were good the first time around now they fuckin' suck.

[rammy2k2]

as far as i'm concerned u're just killing the mining idea ...

[slicko]

very disapointed of seeing what knc turned into ... they will kill everything !        F them

[lowbander80]

very disapointed of seeing what knc turned into ... they will kill everything !        F them

Its the same fate of Butterfly labs....

[dogie]

Expected, predicted. Their focus shifted to a hyper mine a long time ago, and their raised so much PE money that they no longer needed to care about customers.

"$10k order? So what, cancel if you want."

[zulover]

shame

[ChuckBuck]

Guess they printed so much BTC they turned heel on us miners. 

In 2013 all you heard was how KNC was the greatest thing to happen to the mining world.

How quickly things change in this industry....

[dogie]

How quickly things change when money is involved....

FTFY

[Gator-hex]

If they taped out like it was claimed you'd be better waiting for the 20nm miner because it will probably exceed expected GH like the 28nm did.

It's a gamble, but there's probably a reason why they would swap you 28nm now for your 20nm future order.  

For those who think ASIC hoarding by ASIC producers is killing mining you should campaign to have the Bitcoin algorithm altered to punish centralization!

It wouldn't be too hard to do, every 1% of the network an IP address has, delay new work by 1hr. Bitcoin should be decentralized!

[xstr8guy]

If they taped out like it was claimed you'd be better waiting for the 20nm miner because it will probably exceed expected GH like the 28nm did.

It's a gamble, but there's probably a reason why they would swap you 28nm now for your 20nm future order.  

For those who think ASIC hoarding by ASIC producers is killing mining you should campaign to have the Bitcoin algorithm altered to punish centralization!

It wouldn't be too hard to do, every 1% of the network an IP address has, delay new work by 1hr. Bitcoin should be decentralized!

Go ahead and wait.  I'm not.  3THs in (hopefully 2 weeks) is much better than 5THs in (a minimum of) 2 months

[Vagnavs]

well they're trying to be semi-fair. At least they are giving out refunds.. The same cannot be said for many other companies.