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Author Topic: Wow! KnC Neptunes are insanely cheap on Ebay!  (Read 4625 times)
DGulari (OP)
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March 04, 2015, 05:01:56 PM
 #1

Why are Neptunes so cheap on EBay?  I heard they work fine and are pretty good machines.  Is it because the 'bonus' miner is now coming out?  For sure one can still make some money with these - no?

These were $10,000 when new.  Now you can 'Buy it Now' for <$700!!!  WTF?


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March 04, 2015, 06:53:06 PM
 #2

For sure one can still make some money with these - no?
These were $10,000 when new.  Now you can 'Buy it Now' for <$700!!!  WTF?
Because a Neptune wil only ROI less than 2btc in its lifetime, and this is with $ .10 electrcity.
At $ .17 electricity the Neptune will mine .6 btc lifetime.
You do the math.
Sooo it is better to buy 3 btc for $800 than buy that machine to mine it.

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March 04, 2015, 06:55:03 PM
 #3

For sure one can still make some money with these - no?
These were $10,000 when new.  Now you can 'Buy it Now' for <$700!!!  WTF?
Because a Neptune wil only ROI less than 2btc in its lifetime, and this is with $ .10 electrcity.
At $ .17 electricity the Neptune will mine .6 btc lifetime.
You do the math.
Sooo it is better to buy 3 btc for $800 than buy that machine to mine it.

Also doesn't KnC have a rep for being a fire starter?

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March 04, 2015, 09:38:15 PM
 #4

Also didn't their customer support basically disappear?

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March 05, 2015, 12:10:18 AM
 #5

What a coincidence, my plumber friend was over today and was telling me all about his experiences getting sewer water in his mouth while working on plumbing.  I couldn't help but draw a parallel with how I feel towards KNC and their products.

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March 05, 2015, 01:39:27 AM
 #6

I have lots of experiences with KNC Neptunes.

They're poorly designed pieces of shit. While I've never had one set fire, don't bother getting one unless you have access to dirt cheap power supplies. They will destroy your power supplies, so be prepared to replace the power supply every 2-3 months.

Also, they use this stupid "cube" design which looks like something I built in grade 8 shop class and is awful to cool. You will not be able to use these in a data centre properly.

Total crap. Garbage. I hope KNC's mine burns down. They've stolen millions peddling shit.
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March 05, 2015, 01:43:23 AM
 #7

Also didn't their customer support basically disappear?

They laid them off when they realized anyone with half a brain had already lawyer-ed up. No point of trying to pretend to be caring when 90% of the people you sold products to have retained a lawyer.

I had to send five cubes back as RMAs. None returned. Not even an e-mail to say "haha we're keeping the Neptunes". I should have taken a shit in that box instead.
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March 05, 2015, 02:01:25 AM
 #8

...They will destroy your power supplies, so be prepared to replace the power supply every 2-3 months...

Were you using 120v or 240v to power them?
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March 05, 2015, 03:05:19 AM
 #9

KNC has screwed their customers over and their products by todays standard are energy hogs so that would explain why they are really cheap now
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March 05, 2015, 08:09:52 AM
 #10

Based on some of the comments here, some folks might consider $700 too much!!!
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March 05, 2015, 08:12:40 AM
 #11

I think that price for that type of miner is considered high. :/
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March 05, 2015, 08:40:25 AM
 #12

I would likely buy one if

1) did not afraid the fire
2) if KNC had customer support
3) if there was a guarantee on the units sold
4) if I had arctic cooling
5) if I had the psus to power them now so did not have to purchase them now
6) if I could use my existing controller from a JUpiter to run on Neptune
(I think this can be done but have not tried it)

KNC stopped selling miners to retail so we are talking about a non existing company

As this has to be said my KNC November Jupiter that was powered on July 2014 runs non stop
until I sell it ( its for sale on ebay.co.uk currently) and never gave me any troubles.


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March 05, 2015, 09:44:42 AM
 #13

So what is the difference between the Neptunes and the Jupiters.

I got a few Jupiters and they seem rock-solid.

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March 05, 2015, 09:57:54 AM
 #14

one of this toys should come included in that price:


that 1 6pin sucking 400w is plain stupid
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March 05, 2015, 10:27:10 AM
 #15

So what is the difference between the Neptunes and the Jupiters.

I got a few Jupiters and they seem rock-solid.

Must be the power draw of the units
each Jupiter module will suck less than 200w when the Neptune will 340-350 depending on the setting.
but the cables remain the same...
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March 07, 2015, 04:14:08 AM
 #16

Looks like it's mostly the new Bonus Miners selling for that price. They intentionally come without thermal pads on the VRMs, plus a 2pin fan jammed onto the 4pin header. So the VRMs cook nicely between 95-110C in a cool environment. Then maybe you'll get "lucky" and that rigged fan connector will pop off unexpectedly and the thing will really burn up. I was posting updates daily about it on the forum, which is now mysteriously offline, lol.

They even cheaped out on the paint job. It used to be silver painted with the black logo, now it's just bare metal with the black logo. The paint was cheap before anyways, even some goo gone would take it off.

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March 10, 2015, 06:58:07 AM
 #17

for a free miner you cant complain but for a paid one its different...
I can currently trust spondoolies and bitmain
Bitmain I runed S1 and S3 for months never gave me a problem
Spondoolies I run for months SP-10 and SP-30 without problems
only problem is electricity that its paid for ouch!!!!
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March 11, 2015, 12:31:43 AM
 #18

I heard they work fine and are pretty good machines.


Where did you hear that?

All I ever heard is quite the opposite.   Grin
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March 11, 2015, 12:42:15 AM
 #19

Based on some of the comments here, some folks might consider $700 too much!!!




200 $  less buy a brand new  S5 you know works with great support. Lips sealed Cry ever sense i saw how KNC used everyone i  have nothing good to say about any of them.
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March 11, 2015, 12:47:02 AM
 #20

Out of morbid curiosity, how well do Neptunes downclock towards the 1100W range ? Is it possible, and if so, what sort of hash-rate might I be looking at ?

Toying with the idea of picking one of these up on EBay while pricing is in the toilet.
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