Man I was really hoping for more concrete info about gen2 before they opened the order-book and while I have a lot of faith in KNC, my spidey senses are starting to tingle a bit. They've turned this into a big gamble once again.
I'm very surprised that they are taking pre-orders with a "Q1/Q2" ship date. Might was well say "first half of 2014" which is a HUGE 6 month variance making it close to impossible to estimate BTC yield. I personally believe that they didn't initially plan to start taking orders this early with so little gen2 info but were tempted by the record exchange rate knowing it would allow them to sell more at a higher price.
This article, published a little over 10 hours ago, says "Cole is taking the same approach with the new box, saying that its 2TH performance is a minimum figure" yet their announcement shortly after says 3TH so I'm not feeling like they do not have a concrete plan for gen2 yet.
Next they are no longer accepting PayPal leaving only non-reversible payments which is slightly suspicious. What happens if BTC price crashes early next year and everybody starts asking for refund after they've spent a lot of funds on RND? Not going to happen...
I just sold $13k worth of Avalons and am SOOOOO tempted to order a Neptune but there's such a huge variance in the estimated BTC yield I can't really accurately compare to investing directly in BTC. While I'm happy with my Jupiter, my difficulty prediction was way off and I would have been better off investing directly in BTC and do not want to make that same mistake again. Decisions decisions...
/$0.02
I can not and will not influence your decision, just that of course we want to underpromise and overdeliver, hence the statement in coinbase, and the fact this is 20nm we will allow for some ambiguity in timeline. This time round Sam has appeared to be generous enough to allow for the option of sleeping (except Marcus! he doesn't sleep, permanently hooked up to a caffeine intravenous drip). People have been burnt out, this is incredibly demanding, it's incredibly entertaining engineering working on the absolute edge, but one of the margins that has to be in place here is R&R so mentally everyone stays sharp. There were a number of issues that arose where upon "only if there was a little more time we could...", therefore the self imposed deadline will have a degree of flexibility, so people stay sane, and closer to the time it can be narrowed down and become more specific. That's just fair on us, no one can deny that.
Also sorry buddy but if the coin price crashes next year is not a justifiable excuse for a company to stomach that cost. That's your risk to take buddy. So the decision is yours...
