Topic: Swedish ASIC miner company kncminer.com - page 589. (Read 3050074 times)

I can not wait to see people pre order then see it late.  Same thing over and over...yet they keep pre ordering.  100MH in 6+ months will not make much... I have 100MH Scrypt and for the last months nothing but a fast decline.

Totally false. If you have ONE titan and nobody else have one, then yes, you can get 0.5BTC/day tomorrow.

Except that when you'll get your titan, nearly 3k other customers will have theirs too. Network diff will jump to 20k+ (easily) and you'll have only 0.15BTC/day at best. And that is if the titans are delivered tomorrow. If it's delivered in august, you can expect a diff of 30k easily (probably more, except if there's a DOGE 2 robbing the hashrate again).
But even with a magical impossible constant 20k diff for 6 months, you'd ROI your Titan in ~ 5 to 6 months. It's ok, but that will not happen (who in their right mind can expect a diff of 20k in jan/feb 2015 ?).

You have to take into account that 3000 titans means more added GH/s to the network than the current total network of litecoin + every others alts.

A Neptune is currently a better investment to my eyes. (expected ROI in 4 to 5 months with 4TH/s delivered in may with a diff of ~8.5 million, and of ~24 million 4 months after).

Oh, and expect nearly every not half assed alt coin to have their algo changed to n-adaptive scrypt, meaning the titan will only be usable to mine litecoin (except if the litecoin dev team also changes the algo, but I don't think KnC did all their investment without asking them (bribing ?) beforehand).

knc titan other methond for take your bitcoins 

hey that's what i did, but last year, now selling GPUs heaters and buying dualminer USBs or Gridseeds....then will upgrade to the next gen. scrypt miner....I hear someone is trying to use an Antminer and a PC to make a giant scrypt miner...possible???, we shall see.

the DOGE train may still be rolling

I can surely see that point, but at the same time, imagine once if they waited until it was produced to sell it...
(They surely don't need the 50%) and collecting twice is a pain in the butt
Other companies will gobble up those prospective orders with the preorder game, the diff will rise before they are ready, and they would then have to charge less for, and lose an abundance of profitability(Theirs) It just makes good sense right now from a manufacturer standpoint at this stage to do preorders and deal with any refunds as they come IMHO

this bit on Titan is interesting tho...."as this is KnCMiner we of course reserve the right to increase the performance at any time"
Ug, back to the calculator... hehe  
Q3 is just too damned far away for my taste here

They have the money to fund the chip mask themselves and there is no need for more pre-orders. I do understand that all the components must be paid, but they could just do 50% now and 50% before shipping. Considering that their datacenter is already making money for them then i don't understand this pre-order stuff. The only explanation is that it helps them manage all the supply chain a bit better, but taking 100% payment in advance is just silly right now considering that we know that they have more than enough money to do it by themselves. But just like addicts, if i had the money i will buy one just for fun

Great for a young guy like him...
My decrepit twisted arthritic riddled spine isn't up to the frigid weather... lol
...and he's waay smarter than me, I mean look... he's not posting in here... 

Why not? It was a great career move for Bitcoinorama!  I mean, look where he is today.   

I miss the doge train due to naivety and lack of proper attitude. I hope to learn from that missing profit :/  


amen.

hmm, based on "jupiter formfactor", I don't see why it's ten grand
Looks like they did a good study on what the market would bear.

One good thing about all this scryptmining stuff is that it will help with BTC difficulty slowing down a bit.

I disagree that it completely wiped out the Neptune. I'm glad there is more competition out there to make the market more competitive, it ultimately drives companies to deliver more.

Here's a calculator I utilized to cross reference 3 Bitmain miners to the Neptune batches.

This assumes the following variables:
625 USD/BTC
15% increased difficulty per jump, decreasing by 3% every jump
1% BTC/USD increase per jump.
Advertised hash rates.
32 jump calculations.
On the Neptune batches, an additional 500$ is added to reflect PSUs.
Bitmain S2 (Second Batch) begins hashing 4/12
KnC CA batch delivers hashpower/miner 4/12, and every additional batch 3 jumps later.
Public Batch hashing 5/18
Second Public Patch Hashing 6/23

Bitmain S2 3x
Neptune CA
Neptune Public Batch 1
Neptune Public Batch 2

Conclusion on the above:

The CA batch will outperform the Bitmains due to power consumption.
Neptune Public batches fall short on expectations. It would be more better off to buy and hold BTC or go with Bitmain (which is sold out already)

Additional Consideration:

The warranty period on the Neptunes is a full year. This beats Bitmain's 90 days on the S2 *(I can't see warranty information for either the S2 or Neptune, I am assuming they will match their previous products)
In the long run, at today's prices, the Neptunes will be unprofitable at around 123B difficulty. The Bitmains will be unprofitable around 93B.

The unknown:

We're not exactly sure when KnC will deliver their hashpower. 11% power reduction has been announced, but nothing set in stone about how much it would push out. I personally think it will be at least a 4 TH unit, with consumption around 2500 watts, in which case the first Public batch would be better than Bitmain, but the third batch will still be lagging behind.
Obviously, the market can crash, to earth or the moon.

Final thoughts:

The CA batch should be a great investment. I'm holding my orders. My advice to the consumers of public batches is to hold on and wait for more information on the Neptune along with paying close attention to the market. Do your due diligence.

This next month will be a damn fun ride, that's for sure. Happy mining everyone!

It means its another 4 months before you get your extremely inefficient piece of junk.

yes I am with you, there is money to be made many places, just the arbitrage between the same coin on one exchange to the next can net you 10% a day.

Early on I bought a lot (ahem) of Dogecoin for 0.0000008 per and it did not take long for them to be worth much much more!

re: security, paper wallets are the only way to go.

When I get X coins (different for each coin) they go to a paper wallet.
Period.
You have to be vigilant.

Yep Yep, nice
...aaaah, how well we know about the "timing" thing... haha...kudos

clever.

got it now.

the aformentioned exchanges is transparently choosing the more profitable scrypt coin to mine. this is clever.

anyway I still think that buying crypto is more profitable than mining.

with $10K I could buy BTC16.5, you need to mine for more thatn 180 days to get all those coins (at .09 BTC/day).

the only cons I see in the "buying now" approach is that:

-  you've to have a decent enviroment (security wise) to protect your stash

-  having all of your cryptos at your disposal means that you need a serious "investiment" strategy and a lot of strength to adhere to such a plan

No! I am saying with 15mh of Gridseed scypt miners I am doing this.

I sold my Jupiter for what I bought it for a few weeks ago.

Timing my friend, is everything.

keep watching, it gets better:

http://www.coindesk.com/litecoin-tops-20-traders-await-addition-chinas-huobi-exchange/

These are the things that move the needle.

are you saying you got a jupiter to scryptmine?