Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 700. (Read 1260290 times)

you have to be able to thing beyond today.......

1) you buy BTC you have BTC

2) you buy a miner in about 5-6 weeks you have the same BTC and the ability to make more BTC if the price goes up or the difficulity goes down. Thats why these farms are rigging powerful mining units. Equiptment will be paid for and it will cost hardly anything to let it sit. However when the BTC price shoots up they can crank out milions of $$. Run your calculator at 2000 or 5000 BTC and see what you get.

Just last year we saw BTC go from 100 to 1250................ in todays world that would be like going from 500 to 5000 in a month!!!!!

the antminer S1 is perhaps the only system that is well-priced at the moment in BTC. everything else is based in $ which makes them unattractive at btc prices under $500.

I have purchased some.  Not nearly as interesting as mining, though.

ssssssh. i've been saying for long enough 20nm ain't gonna ship in 2014.
and every time i say it I get shot down in flames... but hey this is YOUR thread, you can say what you like.
 

Known "secret" in the industry:
KNC won't ship Neptune in Q2. They'll get samples in July / August.
They've taped-out in the beginning March, 20nm cycle time takes 4-5 months.
Like other ASIC provider we won't disclose here, they've chosen the interim, problematic 20nm process.

20nm will be replaced by 16nm FinFET next year, for a good reason.



Ask for transparency. It's your money.

Soooo true.

Some things you can control and some you can't. There is/was absolutely no way to stop hardware making companies to set up their own farm (if you know one do tell) so i don't worry about that. I had a small shock last summer, but i adapted and i do my ROI calculations usually with higher difficulty instead of just the next one.

Because buying btc is so boring, nothing to fiddle around with!

Shh - don't tell everyone the secret...

Why not just buy btc? lol?

Thanks Neil! I like the detail on the controller ports, I didn't realise they included those extra ports (anything more than an ethernet port).

I hope you are right so I can buy some cheap coins.

such baghold meme...  much explain



i was talking about the mining companies not their customers..  they will sell BTC into the dirt

Thanks everyone for the heads up.  I truly am enlightened by this info.  
However, I did go ahead, weeks ago, to pay them for a KNC Neptune miner.  The shipping according to them is $300USD.  I am in the US.  
I, too , have written to KNC & have only received vague answers myself.  They were incredibly helpful & informative when it came to my questions prior to taking my $$$.

So, if nothing should come of this in the next 2-3wks, I'll be requesting my refund, which according to them, is approx. 7-10 business days, which is almost the same time it took for my bank to wire them their $$$.

So in the meantime I'm shopping around & if something better or more promising becomes available sooner, goodbye KNC.

Hello rookie. Let me teach you how to help yourself in the future. If you want to make an investment please don't take anyone's word for granted. Always pass the information through your filter and make the decision by knowing that you are 100% satisfied with it and not because someone told you so.

Before answering your post you need to know that the data in it is very wrong. First of all if you want to buy 2 SP10 products you don't need to pay 4995$ x2 because there is a promo product of 2 x SP10 for 7995$ with shipping in May(plus shipping maybe). Secondly, depending on your country, you may need to pay VAT for that Neptune so you need to add that to the cost (you may need to pay VAT for SP10 too, but you will pay it much less than Neptune). Thirdly the shipping of Neptune you say is in a couple of weeks. A couple could mean anywhere from 2 to 12 weeks (their deadline is Q2 2014 meaning 30 June 2014). They never announced another shipping date time.

Now we get to the getting-the-ROI part! The thing that you need to consider when comparing the 2 is that you can get the 2x SP10 in May and you can start hashing and earning BTCs then. The Neptune may ship in May, but it can also ship at the end of June. We don't know yet since there is no info on that. I can't predict the the difficulty in May and the following months and i can't predict the exchange rate, but considering that the hashrates are close to equal and that difficulty is going to the moon then you will hash with a couple of week faster with the SP10s than with the Neptune. The choice is yours.

I'm really sure that KNC are not shipping in couple weeks (i'm a KNC neptune customer), and I don't even expect them to ship in a couple months.
Also the KNC neptunes are currently not available.  Not sure what's going on there, as many have been refunding but no sign of them offering these refunded units.

Hi everyone.  
Please let me preface this with the following.
Thanks in advance to those that may respond to my stupid rookie questions with any sort of positive answers.
...and thanks to those that refrain from replying with some belittling & unhelpful remark to us/me, BTC rookies.

I'm a bit late to the show & I was pondering why would one pay $4995 per SP10 (1.4TH/s miner) x2, (shipping not included, add another $800USD for that), for a total of approx. $10K-USD when KNCminer is delivering their 3TH/s Neptune for $10K-USD ($300USD for shipping) in a couple of weeks, if they keep to their shipping sched.

I would compare power usage between the two company's miners in KW p/hr being used but I can't seem to find the Neptune's power usage on their website.

Can someone share some light on this?  Thanks again.

Another one I like as well...

http://btcinvest.net/en/bitcoin-mining-profit-calculator.php

With the price drop (therefore increasing amount of BTC to purchase ANY miner) it is impossible almost impossible to find any calculator that shows buying ANY mining gear (not singling out ST here) will be profitable (i.e., you will earn more BTC than you paid).

That is really a shame as I SO wanted to get some of their miners but cannot rationalize the expense 

You can play around with mining $$$ numbers here: https://tradeblock.com/mining/

I don't quite understand your question but yes i'm running KnC hardware and i just like to HODL so don't care about the price.