Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
kendog77
on 25/02/2014, 20:59:07 UTC
In your opinion ... is there no chance to roi 15,77 btc (= my Neptune btc price) ?  Huh Huh Huh

None. Difficulty will be far too high by the time you receive it. You'd be lucky to get 10 btc.

Sad but true.

I think that tomorrow I'm going to aks for a refund ... I'm sad

In my opinion, Knc grossly violated the spirit of their miner protection by building a massive private Jupiter farm. I also had day one Neptune orders that I cancelled once the writing was on the wall that they would most likely not be profitable.

The miner protection statement says the following:
"We will ship no devices in December 2013, January 2014 or  February 2014. Meaning that once we have taken the difficulty up at the end of November we will not release any more hashing power for 3 months. We will then release our new generation of devices, which will begin shipping in March 2014. These devices will also have a much higher GH/$ rating than any of our current offerings.
 
We would like to state that If any of our competitors continues to add large amounts of hashing power to the network during December, January or February. We will continue to release our devices as competitively priced as we can to protect our customers share of the network."


https://www.kncminer.com/news?page=7

A few months ago, I thought Knc was the gold standard in Bitcoin mining manufactures, and now I think they are just as dishonest and sleazy as most other mining hardware manufacturers.

Hoarding Jupiters in order to build a massive private mining farm when they could have sold some of them to existing customers per their miner protection statement was the straw that broke the camels back for me...



But this statement let us expect, that Neptunes B1 or the 3THt in the Cloud, has to be delivered in MARCH.

After MARCH they are in DELAY!!! And Plan B is to cover us from Delays!

Maybe this is going to be true!? And the Farm is for us!? (after they mined some weeks for them selve)






all that don't ask for a refund hope this Smiley

The more people that ask for a refund the quicker they'll bring batch #1 hashrate online IMO.

And the lower Bitcoin goes, the more Neptune refund requests Knc will get.

The Mt. Gox debacle may end up putting mining hardware manufacturers in a extremely tough position in the near future if Bitcoin keeps falling.