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Topic: 3 TH/s Bitcoin Mining Hardware KL-YUG by KotakLabs - page 5. (Read 35737 times)

legendary
Activity: 1904
Merit: 1007
As per the current work and research progress we are expecting to ship this hardware by end of March '14. There are no additional charges for shipment of the product and all shipments will be delivered via FedEx Express. However, the customer is liable to pay any customs/duties/taxes applicable in his country.

We accept that our competitors have already created lot of panic with anti-customer business policies such as No Refund, Accepting payments via sources which do not have any consumer protections,etc hence we only accept payment via PayPal/Credit Cards and are liable to issue a refund to our customers if we are not able to deliver them products as per the delivery deadline.

All further information about the product can be found at our website : http://kotaklabs.com/products/kl-yug/.

If you have any queries/suggestions, please feel free to drop us a mail at [email protected]

Have a great day!

All potential scams have shiny cases. This is getting really old.

Hey kotaklabs what technical details can you give about your chips? What node are they using? When are you going to tape out? Who is going to make your chips? What proof do you have for chips production?
hero member
Activity: 583
Merit: 500
As BFL customers have found, when you go past the 45 day Paypal time limit it becomes very hard to get your money back. When Paypal finds out, they will shut down Kotak's account. Your only hope is to use a credit card through Paypal. Then you might have enough time.

thats all true but i remember credit cards have a 90 day limit sooooo....


order now...AND recieve in march...hmmmm..... Wink
hero member
Activity: 518
Merit: 500
Manateeeeeeees
Quote
If calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136
Quote
You don't seriously believe that we will be anywhere near 609m difficulty in 4 months, do you?
5.9 billion looks like a decent estimate to me.  I think it might even be a little high.
member
Activity: 70
Merit: 10
With the current difficulty of 609,482,679 you could generate in theory with 3TH/s about 0.1031 BTC/Hour or 2.474BTC per day.

I use this website for example:

http://bitcoinwisdom.com/bitcoin/difficulty

If calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136

Depend on this difficulty, the amount will decrease extremly:

0.01057BTC/Hour and 0.2537BTC per Day.    

by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K.

If that is true, I would buy 100 3TH/s miners in a beat.
If you are serious with your post, you are not the brightest light in math...

Jeez..get a grip. My calculations are for estimate only based on rough data here. Big difference. We do not control the difficulty calculations. Last jump in difficulty rate was around 13%. If the trend continues, my estimate may be good enough for now.

ROI is what I'm after. These 3TH/s miners will be worthless in 1 year based on the increasing of difficulty levels.
full member
Activity: 168
Merit: 100
With the current difficulty of 609,482,679 you could generate in theory with 3TH/s about 0.1031 BTC/Hour or 2.474BTC per day.

I use this website for example:

http://bitcoinwisdom.com/bitcoin/difficulty

If calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136

Depend on this difficulty, the amount will decrease extremly:

0.01057BTC/Hour and 0.2537BTC per Day.    

by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K.

If that is true, I would buy 100 3TH/s miners in a beat.

You don't seriously believe that we will be anywhere near 609m difficulty in 4 months, do you?
legendary
Activity: 3878
Merit: 1193
As BFL customers have found, when you go past the 45 day Paypal time limit it becomes very hard to get your money back. When Paypal finds out, they will shut down Kotak's account. Your only hope is to use a credit card through Paypal. Then you might have enough time.
sr. member
Activity: 812
Merit: 250
Actually you have 45 days to open a dispute in paypal, but your concern is right, at all.

I would never pre order a item 4 or 5 month ago. The past show, what happen with pre order customer.
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
id buy the machien so subbing thing is with paypal u have 30 days to file dispute. and this preorder is 3 months+.
sr. member
Activity: 812
Merit: 250
With the current difficulty of 609,482,679 you could generate in theory with 3TH/s about 0.1031 BTC/Hour or 2.474BTC per day.

I use this website for example:

http://bitcoinwisdom.com/bitcoin/difficulty

If calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136

Depend on this difficulty, the amount will decrease extremly:

0.01057BTC/Hour and 0.2537BTC per Day.    

by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K.

If that is true, I would buy 100 3TH/s miners in a beat.
If you are serious with your post, you are not the brightest light in math...
member
Activity: 70
Merit: 10
With the current difficulty of 609,482,679 you could generate in theory with 3TH/s about 0.1031 BTC/Hour or 2.474BTC per day.

I use this website for example:

http://bitcoinwisdom.com/bitcoin/difficulty

If calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136

Depend on this difficulty, the amount will decrease extremly:

0.01057BTC/Hour and 0.2537BTC per Day.    

by March, BTC is worth around $1,500. It means around $350/day (based on 0.25BTC/day rate). $350/day x 30 days = over $11K.

If that is true, I would buy 100 3TH/s miners in a beat.
member
Activity: 70
Merit: 10
I'm interested, especially it accepts paypal.

Subscribed.
sr. member
Activity: 283
Merit: 250

Hello sock puppet. Welcome to the Forums! Your first post is a bit technical for a, well, first post. Isn't it?


Jerk.

That is all
sr. member
Activity: 812
Merit: 250
With current difficulty, how long its takes to generate the one btc  in 3TH/s rate?  couldn't understand from hash calculator.  Any idea?
With the current difficulty of 609,482,679 you could generate in theory with 3TH/s about 0.1031 BTC/Hour or 2.474BTC per day.

I use this website for example:

http://bitcoinwisdom.com/bitcoin/difficulty

If calculate for delivery time in march next year, the average expected difficulty could been 5,941,344,136

Depend on this difficulty, the amount will decrease extremly:

0.01057BTC/Hour and 0.2537BTC per Day.    

newbie
Activity: 17
Merit: 0
Never preorder again. Not after I got into Terrahash....
hero member
Activity: 1232
Merit: 516
With current difficulty, how long its takes to generate the one btc  in 3TH/s rate?  couldn't understand from hash calculator.  Any idea?

Hello sock puppet. Welcome to the Forums! Your first post is a bit technical for a, well, first post. Isn't it?
newbie
Activity: 2
Merit: 0
With current difficulty, how long its takes to generate the one btc  in 3TH/s rate?  couldn't understand from hash calculator.  Any idea?
hero member
Activity: 1232
Merit: 516
Whoever orders this, is seriously retarded.
newbie
Activity: 18
Merit: 0
Received the following communication today after reaching out to KotakLabs. They responded in about 12 hours, which makes sense to me with the time difference (its the same average turnaround I get with my odesk contractors in the same area).

I do have to say that I have seen some measurable improvements to the website over the past few days.

I'm impressed that you took the chance; PayPal at least gives you a bit of confidence that might can get your money back if things go pear-shaped. Good luck for your future mining!
newbie
Activity: 2
Merit: 0
The price sky rocketed
sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
So, the 3 Th/s is now $5000 ...
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