Topic: Swedish ASIC miner company kncminer.com - page 566. (Read 3050075 times)

 fuck

knc is butterflylabs

er hate to ask but do they give refunds on the last batch of Neptunes? not sure anymore? (not kidding that is what i heard
not to be mean)

dumped my 1st batch customer appreciation order a couple days ago (usa citizen) with IRS announcement it is too weird gonna sit on the sidlines
till hopefully things are resolved this summer....so i'm out of btc mining except for my faithful oct Jupiter and its tiny mining operation

sigh

just can't see this working with all the gh and gh farms committed to completion (and me fighting KNC's farm with my former Neptune) when they started and btc was 900 bucks
they are committed to this hash going out equip/farm and otherwise even as BTC tanks....so I'm officially on the sidelines probably thru summer

my 2c worth

Searing

August / September deliveries for Batch 2 @ $10k means I should probably ask for a refund, huh ? I'll be able to pick up 3TH for < $9k next month...

It's hard to be anything but cynical, as every big asic manufacturer has screwed us over.

And it's hard to swallow that someone put up money for you to develop a product, but isn't hoping to benefit from that themselves, other than sales.

But thanks for the answer - you have my (cynical) benefit of the doubt (for now).

Yeah, this is our corner to troll on.

I'm not hiding the fact that I'm competition. I'm sharing well known data in the industry.

Spondoolies-Tech, I'll suggest again to you, that, as an official representative of a commercial competitor you would be better served staying in your own thread and conducting yourselves more professionally. You are not doing yourselves any favours with this line of attack.

No private farm

They also didn't answer my question about whether their VC's are getting a few hundred/thousand units to set up a private farm. Who, with cheap access to hardware, wouldn't?

why no news from nepture?

Each trade results in a Bitcoin being sent from the currency counter in red to the country on the map

you do know that china has exchanges that have 0% trade fees and flip coins around like a tornado...   fiatleaks is just a parlor trick

That's just silly. There are other currencies out there that you can easily mine with any rig right now and make a healthy return then you can either turn into the dying USD or covert them into Bitcoins. Bitcoin isn't the only crypto that works with ASIC hardware.

Even still if they are selling we would see the transactions of the mass sell off on fiatleaks which I don't see. Last night at the there was about 30,000 BTC's that went to China, that's not massive enough. 
Go ahead lets see you make one if you think it's so easy to do!

spongebob-tech probably make missiles when they aren't working on mining devices.

Can we get a pre-order on helicopter hangar piercing ballistic missiles? I'm down for two.

 

well my last Neptune is gone I'm out on this (Neptune CA) version

with price/difficulty...mining hassles in USA now (if you mine you have to keep track of the bitcoin you mine and the price that day..ie all bitcoin will be treated as property. anything you mine is day to day "income" (ie like you'd make as a worker at  your job subject to 25% in my case federal and state taxes) ..so a bitcoin mined in dec of 2013 at 900 bucks vs 500 bucks now you use that btc to buy a 900 buck TV you owe 400 bucks as capital gains income..needless to say if this sticks btc will be dead in the states..ie would be like trading property for  a coffee etc one day it is 1.00 next day it is a 1.55...madness..my hopeful view is this will be just the 20% capital gains but by the time it gets thru regulatory process i figure won't know for sure till around august ....gonna suck and keep price down imho...everyone is simply gonna say at best they "bought the bitcoin at a street corner for such and such last week) and/or simply go underground with trades.....but man the price imho is gonna be weaker in next 2 months imho

hopefully this will all get figured out tweaked but if i have to pay "as income" what i mine and then 20% capital gains tax when i sell the coin..why mine ..just buy the coin at a set price to keep track of date/price then ....pay the 20% capital gains tax at end of the year...although i can run this and hopefully have miners elec and such as business expense..this prob won't effect big mining farms from what i understand they cash out in $$$ and do their gambling vs risk on btc holdings after the fact ..also easier accounting then .0000393939.for us small fry..oh and this tax info by IRS is for ALL THE BITCOIN EVER MINED IN THE STATES. or I should say if you are a USA citizen ...ie you mined a 2009 coin for .02c and it is now worth 600 bucks you 'owe' the IRS 599.88 cents on that purchase of a 600 buck TV last week with 'that' coin....in 'capital gains income" ..it is retroactive...and of course completely unenforceable...but so logically i expect change but not till the summer....so again why mine..just buy BTC at such and such a date and pay the 20% capital gains on that amount when/if you sell it? So IRS declares bitcoin as 'property' anyway I'm out for a bit gonna sit on the sidelines ..i expect 300 coin here at best with this and china bank ban at least for the next couple months flat imho or btc goes down another 1/3....

we will see

sorry digressed but I'm out no Neptune for me (maybe next fall I'll catch the next knc pre-order bus)

if i am wrong on the above I'll pick up some 1TH miners late spring or summer they should be common as dirt and much cheaper..dork with them...

again wonder what all these big farms that are built/committed are gonna do to coin price and difficulty in the next 2-3 months will likely to be ugly imho

just think about BFL as an example having to go back and find out how much $$$ they made on the date they made it for each coin they made (like buying a stock or property) then pay the taxes on that under 'gross income' then the 20% capital gains tax when they sell the coin...

will be interesting much yelling and waving of arms shall insue

Searing


Searing


anyway....gonna just sit on BTC a bit ..it is too weird here as a miner so your welcome to those who i pop'd up a place in line on the CA batch neptune gue

anyway my bet (difficulty vs $$$ vs competing against knc's farm and delivery etc)

Searing

has this only just been realised? when I first mentioned that these farms would kill the price, i was shot down in flames.
Why on earth would any mass bitcoin mining operation do what they are doing? for the good of the network? to sit like a fat bastard dragon guarding it's gold?

remember - stocktraders are stocktraders and bitcoin miners are bitcoin miners, and never the twain shall meet.

8K$ for 2.8-3TH/s in May, contact regarding VAT

this is old Equipment, to much power consumtion.  dosn't roi for me. electric power is to expensiv in Germany and many other european countrys.

this is why i wait a view more days  for knc , bevor i refund.

when there were other intresting offers, i would refund asap.


u are to late for this Prices and maybe for the whole game.

u can sell a view pices, but i think, not so much, as u wish.


and the mining game for private users will end in this year, thanks to knc and other greedy cumbags.

they have taken our mony and  make it x100 for them, for us there is nothing more to get.

KnC is not buying BTC, they are selling BTC.
http://www.di.se/artiklar/2014/3/20/drar-in-en-halv-miljard-pa-bitcoin/
You trust fiatleaks.com?
How naive, I can make the same website with BTC flowing into The Netherlands.

I wonder if Best Korea has anything good? Do they take btc?