That would be me, lol.  And yes, I still stand behind my prediction.  I am absolutely stunned that so many people believe anything written in this press release. This wouldn't be the first time KNC has deceived us.

They taped out sometime in February.  Why is this the first we're hearing of it, why so secretive?  The lack of communication with the unexplained absence of Bitcoinorama is very unsettling to me.  Have they really taped out or are they just trying to stem the tide of refunds so they can continue to fund the building of the world's largest, most fabulous bitcoin datacenter?


Prediction: at the end of Q2 they will make a big announcement that will go something like this..

"We are sorry to announce that the design of the Neptune is fatally flawed and we have to discontinue further development because of the lack of funds.  To honor our agreement for Neptune preorders we will continue to offer our Plan B and will extend the offer to 'X' months and increase your hash rate from 3THs to 'Y'THs.  We understand your frustration but we hope that our generous offer is enough to keep you from suing our asses into the ground.  Oh by the way, we will no longer honor refunds."

Again, I hope I am wrong but I still fail to see any logic behind the development of a 20nm miner.  It just doesn't make any sense especially now that they are projecting power consumption that isn't miles ahead of other 28nm (and above) competitors.  Bitfury and ASICMiner are likely to beat that with their next gen ASICs and with much more affordable process technology than 20nm.

And by the way, I haven't refunded my CA order for a single Neptune... so make of that what you will, lol.