George, excuse my ignorance, but what 'final numbers' are you talking about? and how do they affect us?
The Neptunes final power draw and hash rate. They affect us because it matters what we will see in terms of BTC and what we need for hosting.
Ok, I understand what you mean now, however, I'm one of I believe several, that are of the opinion, at this stage, this late in the difficulty war that this kit is most unlikely to even give an ROI, so would like a vote on refund to take place without further delay. Could you organise that please?
I presume refunds are on an original $ basis buying back BTC at current market rate? If so, if we had pressed ahead with this a month ago we would of been significantly better off in BTC terms.
Agreed
George what's the delay on the vote? If they ship the kit then we will be deprived of the opportunity to vote on refund, and that won't go down well!
Guys,
I understand your worry and I have those same worries sometimes, but I look at the numbers and check this out:
Mining start: 8-1-14
Monthly Electric and Rent: ~$1500
Diff increases 15%
THash: 30
BTC price: $650
We Roi in about 100 days. We found a place that was a warehouse and they have 800 amps of power and a closet right next to the room with the electric panel. They are willing to rent it out to us for under $300 a month plus electric and have space between the ceiling and the roof that they will allow us to use for ventilation. This place is perfect for hosting these Neptune's and if the electric comes in around what it did at the last couple places we might have a great deal. Before we sign any agreements we will put it up to a vote. Also KnC's most recent news update said they will update us on when they will start shipping. We all want to make a few bucks on this, but we can't make a decision with out knowing all the facts. We are so close to knowing so much more. So once again I must ask for your patience.
George
Hi George, my concern is the reason KNC have said they will "provide all the final facts when they start shipping" is because when they start shipping refunds are nolonger a possibility! So once we know, we nolonger have a choice!
Where did you get the 8-1-14 date from? i've not seen anything from them directly. Also if your 15% difficulty increases happen to be 20% we are well and truly stuffed.
Also, could you elaborate/show calcs for the above ROI, is it $ or
BTC based return? We paid in BTC so i'll be looking at the BTC ROI as the only valid comparison (otherwise we would be aswell sitting on the BTC and riding the price increase!).
Sorry if I sound frustrated, I've just gotten used to shouting at the Dyslexiczombie group lately over the f*cked up Black Arrow buy. If you provide the above info, and tell me you are convinced this is still a positive BTC return, then i'll trust your judgement and let it ride. But I have to say, my gut is saying bail.