Well, it looks like they already have the hashrate to cover batch 1a. IMHO, batch 1a will be considered late in mid May. As the final batch two was sold to be shipped in quarter two. Batch 1b a month before that and batch 1a a few weeks before that. So in IMO mid May is the latest they can leave it for batch 1a.
Batch 1a was listed as Q1/Q2.
It is late on July 1st.
Anything else is wishful thinking.
I disagree. If the farm is ready by mid March, then I would expect hashing for customers would start almost immediately. I don't think that customers would tolerate anything else. Is it possible that they would first hash on massive power for themselves? Yes, it is possible, but would be wrong on so many levels-it is not even funny. They want to stay in business year after year-you cannot do that if you upset your customers. Hashing totally for themselves is super risky because it opens up for massive losses due to currency/BTC price fluctuation.
When is the farm 'ready'?
When the first unit goes in? When they have enough hashing power to replicate all Neptunes ordered?
Yes I think they will hash for themselves (or sell cloud hashing), why on earth wouldn't they.
They've offered you cloud hashing if your unit is late. Late means not Q1/Q2.
Q1/Q2 does not mean June 30 by any reasonable means. I doubt that they will take this position. It is now documented that center is expected to be ready on Match 12 or about. To expect that they will hash for themselves until June 30 and leave everybody on a lurch is simply not reasonable. Nobody will ever deal with them afterwards. In addition, they want you hooked for years. Starting on July 1, 3th/s will NEVER produce $13200 in bitcoin without crazy bitcoin appreciation (To 3-4k). I think that KnC wants customers to make money, otherwise this would be their last sell.
Think about another point: it has been pointed out that they offered a few people refund in bitcoin. This means two things: a. they have plenty of bitcoin, which probably means that they are actively hashing and b. CUSTOMERS will get more bitcoins than are currently offered as refund, otherwise refunding in bitcoin does not make sense.
As you can see, i am trying to give KnC the benefit of the doubt. I will decide what to do once the timelines are clearer.
id say june 30th is the ABSOLUTE EARLIEST we would see anything... we have received late on every single 'batch' they ve ever released despite promises and expectations.
its all been lies.. lies to squeeze as much money out of us as possible.
i wanted to believe, and voted with my wallet.
now i am just disgusted, just like i am with avalon, bfl, hashfast, and especially all the scammers & shills!!
dis-gus-ted!!