Bitcoin Forum

Is it safe to order from them? I dont want another BFL. I am in the 300th place in line, So should I order???? And what will difficulty be by when they start shipping

You have 1224 posts behind you, and you're asking crap like that?!!

KNCMiner Is new you know. I have no knowledge about them
http://www.youtube.com/watch?v=foeBUcagT2s

Well take the time to have a browse and read up. There's a newer video than that, and a big open day the next two days. So hopefully there will be more clarity.

But asking other people to do your research for you is dangerous and irresponsible...

Always do your own research!

Sincerely, be careful with your time and money! 8)

Just a minute I'll jump in a time machine and go to the future to get the answer to your questions.

Lots of debate in the other 3 or 4 threads you should read them and then try to make a decision on risk/reward based on your on tolerance level, personal assessment and personal criteria. No one can answer your questions accurately, but what I am watching is yet another company with 0 product taking full payment pre orders (or an interest free loan IOW).  Way to much like BFL for me to gamble on that's for sure.

I'm in the same boat!  We should know more as the week progresses.  There is supposed to be an openday tomorrow for people to tour the facility and another openday next Monday.

Hate titles like that, has me worried, then I click on the link...

What are the threads about it? and so wait till tommorrow for them to open?

IMO kncminer will be using preorder money to develop their ASIC, as 28nm development is very expensive.

Since they are using a 28nm process node, they could very well run into problems in the development that push back their fairly optimistic shipping date. My understanding of ASIC development is the smaller the process node used, the more risky/challenging development is.

I do believe they are a real company, with true intent to release ASIC products to consumers. However, the question of the day is how long will it take them to do this? That's anybody's guess at this point.

+1

The earliest they will ship is September, and I have serious doubts that they will meet that optimistic target date. By September, there is a good chance that the market will be flooded with inexpensive Avalon clones.

If you're afraid of missing out, taking the money you would have invested in the pre-order and buying bitcoin now is a decent hedge considering that difficulty will be sky high in September, which will make it much harder to mine BTC at that time.

To each their own, but I'll let others gamble and provide KncMiner with their development funding at 4-7k a pop and continue to load up on BTC in the meantime. If they deliver a good product on schedule, I'm sure they will produce more of them and the risk to future buyers will be much lower.

Four months is a long time in the bitcoin world, so there is risk of missing out on a better opportunity by being locked into a 4 month long pre-order that could turn out to be much longer (BFL cough cough)...

Just when you thought you've seen it all...

http://www.rollitup.org/gardening/538106-costa-rica-garden-show-36.html#post8470510

I trust no preorder now!!!!!! :-[

Well I either trust the person making the offering
Or wait till a final product
Been a few funds here worth watching not sure on yours though
Good Luck

The Fact that Sam has always responded like a gentleman, instead of insulting me like BFL has.
The Fact that they have a demo FPGA, and OPEN Office for people to confirm.
The Fact that OrSOC a reputable company with extensive experience in the field of more than 10yrs.

KNC has the best shot at delivering what they have promised. I have a few spots left for anybody that wants to get on the pre order 1-500 batch, PM offers.

what asic should I get for under 5000$ then?

srslz i woud rather buy bitcoins for $5000 then risk this preorder crap... difficulty will be crazy and ASICs cheaper and cheaper

It seems this user is hacked, how else would a hero member post such things?

No im not hacked.

LOL ::)

You guys should stop judging members by their post count. As you see it doesnt say shit about him. there is another member (theswedesomething) whi has also more than 1000 posts but made them since may or so. What do you think about that? Im more trustworthy thanthese people are and my post count is crap. Cmon..

Hey, Im not all knowing

Dude,
use your own head and decide. None knows this yet there are only presumptions.

If you can afford to loose your investment go ahead. In my opinion they are cool but shit always happens and then you will be the only one responsible for your OWN decisions taken...

Good luck

Ok, Maybe I should wait till later because its opening day right? I want to see what everyone else has to say

Only because you're spending more time erratically posting then reading, informing yourself and basing any decision on your own due diligence...

send that guy down to the horsetrack