Ninjastic
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Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Nemo1024
on 05/02/2014, 09:31:23 UTC
Quote from: Tigggger on February 05, 2014, 09:03:29 AM
Quote from: Nemo1024 on February 05, 2014, 08:47:48 AM
So, if I read the news correctly, I can either start receiving my 3 GH/s share from the data centre operations right away (as soon as it's officially operational), or to wait for the Neptune to get developed and have it hosted at the aforementioned data centre? Correct?

Sound like a good option to me. I have a rig hosted with them now, and it's been operational 24/7 since it went on-line. So I am happy with their handling of the hosting. When I bought Neptune, it was at the limit of my power and, not least, cooling abilities at home, so I was actually asking KnC if they would provide hosting for Neptunes. It seems they listened.

Currently, I don't see any downside...
I think you are reading it wrong.

They are building the data centre shortly with their 28nm products. That data centre will be raise the difficulty dramatically and reduce your current income (and the future income of the neptune).

Once it gets to July 1st, the first day they will be 'late' THEN you get access to your 3TH of hosted mining, BUT at that point it will probably be making 0.01 BTC per day and any chance of an ROI will be gone.


They don't mention July the 1st in the newsletter:

Quote
Over the next few months we are bringing online enough hashing power to make sure that any delay in the Neptune timeline will be compensated with a completely free hosted hashing packages to all fully paid customers.
 
In the addition to this commitment, as part of Plan B, for all Neptune customers, we will be offering a free conversion to a hosted hashing package where we will simply fill your wallets directly and you won’t have to worry about anything else. All the other costs taken care of by us. We are able to do this by using our 28nm chips which is why all products that we have coming out of our factory in the next few months will go into building and supplying the Plan B facility.