Topic: [CLOSED]#KN-R001 3TH/s Neptune KnCMiner, ord. #K27-BFYW-014072, PAID - page 9. (Read 33495 times)

We're getting closer to the Wasp A1 rollout!

I agree with LDR.  Also have very few shares but at the current BTC price an ROI in BTC would be nice.  I second a refund.

let's discuss refunding this miner from knc

Hi James and crew... some great updates here.

Do we have an ETA on when the miners are going to ship?  if so when should we expect to be mining?

thanks for all the hard work

                        

                           

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Dear All
                                       
It has been a while since our last communication and this update is overdue and we do apologise for that. In this newsletter we want to update you on 3 important things.Neptune Development Progress, Jupiter sales and our new project - Plan B.
                                       
                                    

Neptune Development Progress
                                    

Over the last few months things have most certainly not stopped here at KnC, and we have made massive progress on our 20nm chip and it will be one of the first 20nm chips to come out to market with the strong support of our partners, TSMC, AST and Alchip. The backend engineering teams have been working 7 days a week around the clock to bring this chip to market as fast as possible. We have of course learnt a lot from our previous 28nm design and with that knowledge we will squeeze even more out of our 20nm chip.
                                       
The news we can tell you today is that we have a further reduction in power consumption of around 11% from our initial calculations, which means we can squeeze in even more cores. The core count per package is already over 1000 and with every reduction in power usage we will add in more cores to maximize the performance. This is a great bit of news.
                                    

Jupiter sales
                                    

                                       
We are no longer going to offer Jupiter for sale. We had intended to offer Jupiter following the end of our Network Protection phase, however things move fast in the Bitcoin world and we have decided to end all future sales of Jupiter. We know this may disappoint some people waiting for buy more Jupiters, however, we have some exciting news that we would like to share today and its called ‘Plan B’.
                                       
                                    

Plan B
                                    

As you are all aware we broke many world records in releasing the 28nm chip in such a short amount of time. We are a very ambitious company but even for us, to go “all in” and not be able to deliver on our performance targets, like our competition, would be completely unacceptable to us as a company and everything we stand for. So today we are introducing, Plan B.
                                       
To make sure that everyone who has paid for their Neptune gets their hashing power we are building a data centre like no other. It is located in the north of Sweden not far from Facebook and other Mega Data Centres and it’s totally powered by renewable energy.
                                       
Over the next few months we are bringing online enough hashing power to make sure that any delay in the Neptune timeline will be compensated with a completely free hosted hashing packages to all fully paid customers.
                                       
In the addition to this commitment, as part of Plan B, for all Neptune customers, we will be offering a free conversion to a hosted hashing package where we will simply fill your wallets directly and you won’t have to worry about anything else. All the other costs taken care of by us. We are able to do this by using our 28nm chips which is why all products that we have coming out of our factory in the next few months will go into building and supplying the Plan B facility.
                                       
If, during the course of development of Neptune, there is any threat to the timelines for delivery, those delays will not result in the loss of any mining time for our Neptune customers. We will release more details of this as we get closer to the delivery date, but for now we have one of the world’s largest data centres to build.
                                       
Thanks
KnCMiner Team

James,

I don't mean to sound harsh but we aren't investors in your business, we are your customers. We have no stake in the success of SWMC, just a stake in the success of this particular group buy. It is great that you have some long term plans but they are unrelated to us. It has been well over a month and you haven't even a completed list of shares. It seems like your priorities are on the long term expensive projects, instead of on your current revenue generating customers.

The first thing you need to do is get the share situation fixed and at the very least a spreadsheet up. Put whatever shares you know on there and send out a link to it. The missing shareholders can then send their TXid and sign a message from their payment wallet to settle disputes/confirm ownership. It will honestly take less time than it took for you to write than long post about what you want in a website.

I am an experienced web developer and small business owner and I hate to say it but your wish list is unrealistic for a friend of business associate to do part time. It would take a full-time developer months to custom build everything you described. Once the development is done, managing servers and databases for a single business quality app is hard, let alone for a blog, a store, a stats web app and a pool.

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Here is some quick advice:

Since you don't have any coding skills or security/database/server management experience, hands down you need to start with a simple WordPress e commerce site because it is easy to manage and a good foundation to build upon. I recommend that you start with a self hosted wordpress.org (not .com) install, with the WooCommerce plugin and its Bitpay add-on to handle payments. At the very least you will need to buy a domain($10/year), an SSL certificate($50/year), a Google Apps account($5/month) and managed hosting (About $20/month. Managed means that they handle security, server, database, and WordPress for you. This is also why managed hosts are more expensive. WP Engine, Pressable and Flywheel are currently the best providers). You can set all of this up by yourself without typing a single line of code.

Added to my watch list 

They were posted in the official SWMC thread. If you click on the "quote:" link above the quote you'll be redirected there.

Hi James,
Where are you posting these updates?
the site is down & I haven't seen any updates in the wordpress:
http://solarwindminingco.wordpress.com/updates/