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Topic: KNCMiner Neptune 3TH miner $9,995 (Read 15710 times)

member
Activity: 114
Merit: 10
No more Crypto in this world
March 04, 2014, 09:54:58 PM
#58
Black arrow will ship at the end of april/ start of may. There was a tape out delay on the Minion. 
member
Activity: 115
Merit: 10
March 04, 2014, 02:48:12 PM
#57
So black arrow supposed to ship this month but all they have is fake cgi pics on there website and updated text with no pictures !! Not even a single picture of a pcb board or a picture of chips or anything !! If im wrong please post link.. Have a bad feeling about them and glad I never Pre-ordered from them but I hope they do come through there prices are pretty good ......
sr. member
Activity: 252
Merit: 250
March 04, 2014, 01:54:40 AM
#56
More than 5000-6000$ is excessive. Difficult raise to more than 1000 millions when I receive my jupiters difficult was 187 millions. +5x diff   -5x hashrate   Less than original price of Jupiter.
When 2000 Ghs cost 4999$ delivery date 2/2014 & only 1050w
http://www.blackarrowsoftware.com/store/prospero-x-3.html
Does anyone got those Prosperos x3 ??
Thanks.
hero member
Activity: 602
Merit: 500
November 30, 2013, 08:56:36 AM
#55
This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months...

crappy... KNC were the leaders in price/performance, now there just cashing in like the rest.  Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining?

+1

I'm also out.. too expensive. It 'll never going to ROI !

KnC is a capitalist company focused only on profit. It doesn't support open source projects.. They never showed us respect for being "valuable customers" any single time. They have been taking advantage on us with their high marketing skills since the first day.

+10
full member
Activity: 200
Merit: 100
November 30, 2013, 08:25:39 AM
#54
Yes folks, lets try to remember that every egg is a chicken on pre-order.
KnC made in the area of 56 mil. off the sales of their equipment. They did a good job bringing this to market on time and only had a small delay in shipping. That said they had horrible problems with faulty electronics, defective chips and such but they did do better then most to fix that.
The problem is, given they have the profits from a successful launch why do they need to raise money from preorders?
Personally I don't like this model for the general consumer, it makes sense for big companies with exclusive contracts but even in that model there are huge risks.
It makes more sense to invest in a company that mines with a salad of technologies then to be a home miner now.

Just my 2 satoshi's
legendary
Activity: 3878
Merit: 1193
November 27, 2013, 02:48:08 PM
#53
so all you guys think were going to be well over 2 billion by halfway thru next year??

1 billion by end of year, 2 billion by end of Feb. There's no way they'll ship by then.
hero member
Activity: 702
Merit: 500
November 27, 2013, 02:25:18 PM
#52
Their current product is against the distributed nature of bitcoin, a few large data center might command more than 50% of the network if this trend continues

Johnny,

thats ridiculous.  Just because people choose to put their miners in a datacenter instead of in their home doesn't change the decentralised nature of bitcoin.  The miners will still be owned by a large and decentralised ownership....  the location isn't thats important, its the ownership.

and anyway, there are thousands of data centres in the world.  they will compete for people's business of where to put their miners, in a free market economy.



full member
Activity: 896
Merit: 102
November 27, 2013, 12:17:08 PM
#51
I am an existing customer you can order here from me, no upcharge or fee. I have done this with people before.
newbie
Activity: 16
Merit: 0
November 27, 2013, 12:00:57 PM
#50
I've also got a preorder spot that i wont use. Im in the 1-500 group of first gen buyers. PM if interested, i prefer another Swede like me so we can trust each other maximum.
hero member
Activity: 826
Merit: 501
in defi we trust
November 27, 2013, 09:42:30 AM
#49
wasn't it like always the point that people said you will nerver get ROI ?
It was said in the GPU times, now even Asic miners will never get ROI.
I would say, if you have the money I would give it a shot. It will most likely pay out.

Actually I don't remember this being said about gpu mining.
And with a gpu you can do some other things , also people had videocards before even hearing of mining.
hero member
Activity: 504
Merit: 500
1NtkLdA98eGnsn8nEKpBGRd2VYGNBkGzd6
November 27, 2013, 07:55:39 AM
#48
wasn't it like always the point that people said you will nerver get ROI ?
It was said in the GPU times, now even Asic miners will never get ROI.
I would say, if you have the money I would give it a shot. It will most likely pay out.
sr. member
Activity: 252
Merit: 250
November 27, 2013, 07:51:12 AM
#47
I think you need to factor in the expected price increase. Which of course is speculation, but long term, it will most likely be profitable by a large margin. It all depends with perspective you approach your look at your mining "investment"

You should compare an investment in asics against buying bitcoins directly. When you buy an asic you just buy bitcoins that are going to get credited to you over time. (of course asics can mine some altcoins to but thats trivial so far)
hero member
Activity: 605
Merit: 500
November 27, 2013, 07:36:43 AM
#46
Mercury was also BARELY gonna hit ROI when it was released.

I think you need to factor in the expected price increase. Which of course is speculation, but long term, it will most likely be profitable by a large margin. It all depends with perspective you approach your look at your mining "investment"

But again, if the price will increase that much then you might aswell just invest by buying coins. Litecoins or bitcoins
newbie
Activity: 7
Merit: 0
November 27, 2013, 07:14:46 AM
#45
Mercury was also BARELY gonna hit ROI when it was released.

I think you need to factor in the expected price increase. Which of course is speculation, but long term, it will most likely be profitable by a large margin. It all depends with perspective you approach your look at your mining "investment"
sr. member
Activity: 252
Merit: 250
November 27, 2013, 06:41:38 AM
#44
Their current product is against the distributed nature of bitcoin, a few large data center might command more than 50% of the network if this trend continues

Buying that product might be against common sense but i don't think that has anything to do with bitcoin's nature per se.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
November 27, 2013, 05:08:56 AM
#43
im going to offer something here, i just did a calculation..

2 TH/s

2.5 billion diff

900 USD/ 1 BTC

$10,585 profit per month


http://www.bitcoinx.com/profit/

so all you guys think were going to be well over 2 billion by halfway thru next year??
i may be way off the mark looking at the replies in this thread but $10,000 for 2TH/s doesnt look that bad to me..

ROI in 6-8 weeks at most it seems like


That's a too simplified calculator (without difficulty increase projection)

There is no possibility for ROI under a 20% increase in each difficulty adjustment --- http://mining.thegenesisblock.com/

And there are other uncertainties, depends on how fast avalon, BFL and bitfury pushing out their next generation devices. There are rumors that Avalon will deliver a 20nm product without the need for pre-order
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
November 27, 2013, 04:48:18 AM
#42
Their current product is against the distributed nature of bitcoin, a few large data center might command more than 50% of the network if this trend continues
newbie
Activity: 8
Merit: 0
November 27, 2013, 04:42:21 AM
#41
im going to offer something here, i just did a calculation..

2 TH/s

2.5 billion diff

900 USD/ 1 BTC

$10,585 profit per month


http://www.bitcoinx.com/profit/

so all you guys think were going to be well over 2 billion by halfway thru next year??
i may be way off the mark looking at the replies in this thread but $10,000 for 2TH/s doesnt look that bad to me..

ROI in 6-8 weeks at most it seems like
member
Activity: 111
Merit: 10
November 27, 2013, 04:41:16 AM
#40
The fact that people preorder this things in dozens, so it can be delivered to them after 5 months, really beats me.  Roll Eyes
5 months is like 50 years in crypto currency time...

agreed. knc probably miscalculated on this offer eventhough i agree they are one of the more reliable asic sellers out there. my feeling is that the difficulty will rise beyond belief by then.

Will it though, who else is putting miners reliably out there which as much power as KnC's first gen models let alone with plans for new devices that compare to their second gen models like neptune?
full member
Activity: 154
Merit: 100
November 27, 2013, 03:05:44 AM
#39
The fact that people preorder this things in dozens, so it can be delivered to them after 5 months, really beats me.  Roll Eyes
5 months is like 50 years in crypto currency time...

500 years if you ask me
full member
Activity: 195
Merit: 100
November 26, 2013, 07:50:54 PM
#38
The fact that people preorder this things in dozens, so it can be delivered to them after 5 months, really beats me.  Roll Eyes
5 months is like 50 years in crypto currency time...

agreed. knc probably miscalculated on this offer eventhough i agree they are one of the more reliable asic sellers out there. my feeling is that the difficulty will rise beyond belief by then.
sr. member
Activity: 252
Merit: 250
November 26, 2013, 07:47:02 PM
#37
The fact that people preorder this things in dozens, so it can be delivered to them after 5 months, really beats me.  Roll Eyes
5 months is like 50 years in crypto currency time...
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
November 26, 2013, 07:41:18 PM
#36
However, the power consumption is really a concern, only data center have that kind of capacity, special line have to be arranged for that rig in normal apartment, and the cable might catch fire if other electronic devices are also running

Did they say it's only one power supply? I would think it would just be two power supplies.

Or maybe 3.

In my newly built apartment (2011), one single power line is 10A at 230V, which makes it 2300W maximum (except for the kitchen where one line can have 16A maximum). And, all the devices added together should not be over 25A, otherwise the main circuit break will be triggered. This means anytime I'm cooking or washing the cloth at the same time, I might need to shut down the mining rig  Undecided
hero member
Activity: 518
Merit: 500
November 26, 2013, 07:31:09 PM
#35
However, the power consumption is really a concern, only data center have that kind of capacity, special line have to be arranged for that rig in normal apartment, and the cable might catch fire if other electronic devices are also running

Did they say it's only one power supply? I would think it would just be two power supplies.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
November 26, 2013, 07:17:30 PM
#34
I'm thinking that maybe it is a good idea to get a fiat loan for the miner, and hold the bitcoin at mean time

Of course I can also purchase the coin directly with the loan, but to be able to play around with 3TH next year will be fun

However, the power consumption is really a concern, only data center have that kind of capacity, special line have to be arranged for that rig in normal apartment, and the cable might catch fire if other electronic devices are also running
full member
Activity: 154
Merit: 100
November 26, 2013, 07:11:04 PM
#33
I'm sure there will be no profit in this setup.
Sure there will. I can guarantee you KnC will make a very nice profit from these.

 Cheesy


loool
legendary
Activity: 1484
Merit: 1005
November 26, 2013, 07:04:17 PM
#32
I'm sure there will be no profit in this setup.
Sure there will. I can guarantee you KnC will make a very nice profit from these.

 Cheesy
full member
Activity: 154
Merit: 100
November 26, 2013, 07:01:40 PM
#31
That was kida expencive when shipping may be as late as june...  Undecided

I`ll build my own bitcoin-miner.. with blackjack.. and hookers.. in fact.. forget the miner!


hahaha   and some texas holdem poker Cheesy
sr. member
Activity: 281
Merit: 250
November 26, 2013, 06:55:29 PM
#30
That was kida expencive when shipping may be as late as june...  Undecided

I`ll build my own bitcoin-miner.. with blackjack.. and hookers.. in fact.. forget the miner!
hero member
Activity: 588
Merit: 500
November 26, 2013, 06:54:20 PM
#29
There is literally no permutation of the mining calculator that turns a profit with these units.

They are completely off their rocker this time.

These won't make a profit if they are delivered by April and cost only $1000.

I would say based on their past performance of June-Oct (5 months), that April is realistic for delivery.
This is why they have Q1/Q2 delivery listed.
full member
Activity: 154
Merit: 100
November 26, 2013, 06:44:06 PM
#28
This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months...

crappy... KNC were the leaders in price/performance, now there just cashing in like the rest.  Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining?

+1

I'm also out.. too expensive. It 'll never going to ROI !

KnC is a capitalist company focused only on profit. It doesn't support open source projects.. They never showed us respect for being "valuable customers" any single time. They have been taking advantage on us with their high marketing skills since the first day.


it could ROI if you can get it tommorow Cheesy
newbie
Activity: 29
Merit: 0
November 26, 2013, 06:41:34 PM
#27
My motto: When everybody is against an approach, the approach is right. ;-)
full member
Activity: 154
Merit: 100
November 26, 2013, 06:30:38 PM
#26
it would be nice to have one of those miners right now Cheesy
-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
November 26, 2013, 06:29:02 PM
#25
I'm sure there will be no profit in this setup.
Sure there will. I can guarantee you KnC will make a very nice profit from these.
newbie
Activity: 29
Merit: 0
November 26, 2013, 06:26:25 PM
#24
Sorry guys, but this is the reason why American people pay 23000 Dollars at ebay for Jupiters and Germans only 10000 Dollars. You are not able to think into the future. And by the way, this is the reason, why the bitcoin is now 1000 Dollars worth, because all the American people are not able to calulcate, just want to have the money.

All Jupiters will be late Q1 worth like a BFL Jalapeno -> nothing -> so they will stop working....
All Saturns, Mercurys, Avalons, Bitburners also...
Only Cointerra, BFL Monarch and KnC Neptune will be the winners -> so it will be the same like now with the Jupiters. Everybody will say: What the fuck: 1000 Dollars? What the fuck: 23000 Dolars for a Jupiter, it was 5000 Dollars in the November preorder???

LOL, you guys will see...bitcoin is making crazy everybody, or did you imagine that a fucking nothing will be worth 1000 Dollars?Huh So why not the Neptune....
legendary
Activity: 3878
Merit: 1193
November 26, 2013, 05:12:29 PM
#23
http://www.tsmc.com/english/dedicatedFoundry/technology/20nm.htm

Quote
TSMC's 20nm process technology can provide ... 25 percent less power than its 28nm technology

full member
Activity: 182
Merit: 100
The General
November 26, 2013, 05:03:37 PM
#22
Here's the plan of KNC Miner company:

Step 1) Sell ridiculously overpriced hardware that won't ROI the buyer
Step 2) Use that money to make more hardware for ourselves
Step 3) Make a thousand hundred million of these machines and mine BTC for ourselves
Step 4) Huh
Step 5) MONOPOLY

But not really. They have competition against the other companies as well, so it's whichever company emerges on top that becomes the monopoly.
full member
Activity: 171
Merit: 100
November 26, 2013, 05:01:01 PM
#21
I'm spending my 10k$ on crack and hookers  Tongue
legendary
Activity: 4326
Merit: 8899
'The right to privacy matters'
November 26, 2013, 04:44:17 PM
#20
This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months...

crappy... KNC were the leaders in price/performance, now there just cashing in like the rest.  Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining?

+1

I'm also out.. too expensive. It 'll never going to ROI !

KnC is a capitalist company focused only on profit. It doesn't support open source projects.. They never showed us respect for being "valuable customers" any single time. They have been taking advantage on us with their high marketing skills since the first day.

So a company that shipped its first product less then 30 days late.  and shipped it at 500+ hash not 350+ hashed fucked us over?  what world are you living in?
newbie
Activity: 7
Merit: 0
November 26, 2013, 04:40:31 PM
#19
not gonna buy that
just buy BTC.
full member
Activity: 133
Merit: 101
Res Et Non Verbum
November 26, 2013, 04:24:22 PM
#18
This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months...

crappy... KNC were the leaders in price/performance, now there just cashing in like the rest.  Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining?

+1

I'm also out.. too expensive. It 'll never going to ROI !

KnC is a capitalist company focused only on profit. It doesn't support open source projects.. They never showed us respect for being "valuable customers" any single time. They have been taking advantage on us with their high marketing skills since the first day.
hero member
Activity: 605
Merit: 500
November 26, 2013, 04:15:48 PM
#17
Minning tech is getting better. Which is upping the difficulty. But not as much as the leap from fpga's to ASICS. That wont happen again. At least for a long time. The next would be minning using quantum computing. Which looks highly unlikely in the near future.
So dont expect to see major difficulty increases. Not many people will bother with minning. Most will just buy and sell. So there may be a future for mining. But, the way its looking right now. Just invest the 10K in buying bitcoin and you'll make more.
hero member
Activity: 826
Merit: 501
in defi we trust
November 26, 2013, 11:21:23 AM
#16
10k $ for a June shipping for 3TH/s device?

damn people are really going craaazy.
If the preorder is sold out soon, I am done with this world. I mean really?

HF preorder number 4 is almost full (March delay) and they haven't shipped anything.
So , why not this one?
hero member
Activity: 784
Merit: 1000
November 26, 2013, 11:17:48 AM
#15
PM me offers if you want to order Neptune I am a prior customer and can order them

Same here, can't likely raise that kind of capital to get one myself but seems a waste of my abilities as a previous customer. It's a shame they're not make some in between models like previously as I bought a mercury previously and would of been happy to get just a new one with 2 cores, even better if they had stuck to there promise of making their hardware upgradable.

This is their supposed last consumer product as people will barley be able to run these in their homes. Looks like bitcoin is going to become centralized.

Yeah, they did say it would be for commercial only yesterday, or o'rama said so anyways.  I'm not interested.  I'm out.
full member
Activity: 896
Merit: 102
November 26, 2013, 11:03:29 AM
#14
PM me offers if you want to order Neptune I am a prior customer and can order them

Same here, can't likely raise that kind of capital to get one myself but seems a waste of my abilities as a previous customer. It's a shame they're not make some in between models like previously as I bought a mercury previously and would of been happy to get just a new one with 2 cores, even better if they had stuck to there promise of making their hardware upgradable.

This is their supposed last consumer product as people will barley be able to run these in their homes. Looks like bitcoin is going to become centralized.
member
Activity: 111
Merit: 10
November 26, 2013, 10:47:34 AM
#13
PM me offers if you want to order Neptune I am a prior customer and can order them

Same here, can't likely raise that kind of capital to get one myself but seems a waste of my abilities as a previous customer. It's a shame they're not make some in between models like previously as I bought a mercury previously and would of been happy to get just a new one with 2 cores, even better if they had stuck to there promise of making their hardware upgradable.
full member
Activity: 896
Merit: 102
November 26, 2013, 10:37:37 AM
#12
PM me offers if you want to order Neptune I am a prior customer and can order them
newbie
Activity: 58
Merit: 0
November 26, 2013, 10:33:40 AM
#11
too expensive  Shocked Shocked Shocked Shocked Shocked
sr. member
Activity: 462
Merit: 250
November 26, 2013, 10:30:20 AM
#10
I mean why would we buy this when we can buy a cointerra march shipment for less?  AND THEYRE GOING TO INCREASE THE PRICE?Huh!?!??!?
full member
Activity: 206
Merit: 100
November 26, 2013, 10:23:51 AM
#9
Not convinced on that one  Huh
sr. member
Activity: 462
Merit: 250
November 26, 2013, 10:21:14 AM
#8
This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months...

crappy... KNC were the leaders in price/performance, now there just cashing in like the rest.  Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining?

If you think btc would go to 3k , wouldn't it be safe to buy btc rather than pre-order a miner?
Same dilemma as ever.



It would be nice to have a more concrete date.
hero member
Activity: 826
Merit: 501
in defi we trust
November 26, 2013, 10:15:36 AM
#7
This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months...

crappy... KNC were the leaders in price/performance, now there just cashing in like the rest.  Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining?

If you think btc would go to 3k , wouldn't it be safe to buy btc rather than pre-order a miner?
Same dilemma as ever.

full member
Activity: 137
Merit: 100
November 26, 2013, 10:13:19 AM
#6
This price sucks! It should be price calculated to deliver same btc/usd as a Jupiter did when they were released. This has no chance, unless btc is going to 3k each in a few months...

crappy... KNC were the leaders in price/performance, now there just cashing in like the rest.  Why is the motto now that only HW manufactures are allowed to make any money in bitcoin mining?
hero member
Activity: 826
Merit: 501
in defi we trust
November 26, 2013, 10:11:07 AM
#5
Probably at current difficulty raise it won't ROI , but still it's nice to see some new pieces of hardware.
And from company that actually shipped a few miners , not ponies like others.
sr. member
Activity: 389
Merit: 250
November 26, 2013, 10:05:13 AM
#4
More than 5000-6000$ is excessive. Difficult raise to more than 1000 millions when I receive my jupiters difficult was 187 millions. +5x diff   -5x hashrate   Less than original price of Jupiter.

When 2000 Ghs cost 4999$ delivery date 2/2014 & only 1050w
http://www.blackarrowsoftware.com/store/prospero-x-3.html

5 Jupiter consumption more than 3000w. 30% less is 2100w

2  X3 are 2100w & 4000ghs

I'm jupiters owner.
full member
Activity: 126
Merit: 100
November 26, 2013, 10:00:10 AM
#3
Shipment begins in Q1/Q2 of 2014.

I'm not even going to waste my time calculating the difficulty level at the end of June 2014, however I'm sure there will be no profit in this setup.

"I bird in the hand is worth two in the bush", in bitcoin terms maybe ten in the bush.
sr. member
Activity: 462
Merit: 250
November 26, 2013, 09:54:45 AM
#2
Yea it does sound a little high for Q1/Q2...
full member
Activity: 163
Merit: 100
November 26, 2013, 09:44:03 AM
#1
Just got this email.
I'm not convinced that mining hardware will ever lower down to an appropriate price point.

Quote
All
 
We have an exciting update for you all today, in 2014 we will be shipping our 20nm product called Neptune.
We are aware more now than ever, that the demand for our product is large with bitcoin prices rising to all-time highs. The lack of available companies in the market place who can actually design, produce and more importantly ship increases the demands for our products as we are the only company who has shipped a 28nm product. We will once again take the bitcoin mining hardware to the next level.
 
Our first offering at 20nm is called Neptune following the naming convention from our 28nm range. It will have the following basic specifications.
 

Minimum 3000GH/s of hashing speed that 3TH (Over 5 times the speed of our first Jupiter release)
   (we reserve the right to increase this as we get closer to shipment)
A 30% reduction in watts per GH,
Shipment begins in Q1/Q2 of 2014,
Bitcoins first ever 20nm miner bought to you form the company who shipped the first 28nm bitcoin miner,
Limited batch for registered customers only,
Existing customers only can buy at this price other batches will be released later to non-existing customers at a higher price.
These items will be on sale for two weeks at this price or until it has sold out.
Payment for this product is bitcoins and bank transfer only.
 
The product is now available for purchase in our shop, If you are a registered customer you can order and pay for it today. Here at https://www.kncminer.com/categories/miners
 
There is a limited supply at this introductory price as a reward to our existing customers who have been with us before.
 
Thanks KnC Team
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