Quote from: vesperwillow on February 07, 2014, 02:04:48 PM

Quote from: Searing on February 07, 2014, 12:16:21 PM

as usual the above follow the conclusions I really really have NO IDEA....still grappling with all this

Searing

Something some folks may not be considering is the resale value of their system, or lack thereof. If KNC doesn't allow for a transfer of equipment, will they allow a transfer of mining contract? At least with the hardware, there's always someone out on ebay willing to buy it from you, likely above MSRP even if you can sell it soon after receiving.

You could still subcontract the miner out, but would you ever get $13k back from it? Doubtful.

If it were me, I would look at it like this: A lot of the folks who were KNC-crazy the past few months, who claim to have made huge profits on their first units, either didn't preorder the Neptune or refunded their Neptunes over the past month.

That's worth considering.

Yup - and i bought coin instead.

Paid BTC10.71 for the customer appreciation batch.

Refunded $10,210

Bought coin for $762 each for a total of BTC13.34

BTC2.63 gain

One reason I bought the Neptune with BTC was because i thought it would be a good hedge against BTC/USD dropping