We already expected that to happen, whether it was from them saying it or someone on the forum. I remember someone talking about venting awhile back. So it's not really news, just the appearance of what we knew was coming. Thus, very little reaction from those who've been paying attention.

I sponsored two group buys with friends. I'm not losing sleep. Because I was honest about the risks. This is a speculative business--what are you doing 'promising a large profit' to anyone?

Nope! The scam has run its course undoubtedly.

You mean what, investing in mining operations, ala AM?

As a small company, you'd rather have one customer at $8,000 than 80 customers at $100.

Imagine the difference in support headaches, contact surface area, and the like. So, it's not a smart move for them. And it would mess with their margins on the actual product too.

You have no evidence, at all, that they will be late. Yet you're pissed about your own fears.

You are a complete wuss, unable to control your emotions, and acting irrationally.

Guess it takes nerves of steel to roll with the big boys in bleeding-edge bitcoin mining. Have some of you actually lost sleep over this? The hell is wrong with you.

No, you're going to invest thousands of dollars and not do your own research. Instead you're going to ask questions answered dozens of pages ago to us who have done our due diligence, and you wonder why you're being condescended to, asking us to do your research for you?

Exactly, thank you. If you're getting nerves at this stage in the game you were never a strong hand to begin with. We made a calculated risk months ago and it still looks like a smart move today.

Some of the people here are pathetically controlled by their own emotions and fears and acting irrational.

When time is of the essence, you plan your chip buy for time, not for testing.

If they wanted to get engineering samples / small run done then make changes, it would add probably two months to the delivery time-frame.

Instead, they proofed their code on the Mars miner FPGA. That's all you need to do to proof an ASIC. This isn't a goddamn Pentium chip where a thousand things could go wrong.

A bitcoin hashing chip is redundant in the extreme.

You figure your yield is 80% or w/e it is, and then 80% of your chip will work fine. You build in re-rerouting and circuit redundancy, and make public 80% of your chip's theoretical hashing speed.

Then you need only test the chip once, or maybe not at all, after it's on the board. Since the chips are segregated by board, if you get a few that really are bad, you set them aside (for your own use, thus they're expecting probably a 5% reject pile, which they can hash with themselves later but aren't saleable).

They're testing the actual PCBs. They're testing an FPGA chip on their actual PCBs. They do not and will not have chips until they come back from the assembler, probably two weeks before shipping. Which is probably one week from now.

And anyone stupid enough to wait to see chips under this plan that we've all known about since the beginning, will not earn a dime with these machines.

People saying "where are the chips" are actually implying a scam accusation, and that's the most insulting part. We know who these people are, know everything about them. We know they're part of Orsoc, an incredibly reputable company. We know they build an FPGA miner in a mere 6 weeks, from scratch. How many people can pull that off? That's outright engineering chops.

Don't come here asking to see chips when showing chips was never part of the plan.

Unlike with other mining companies.

It's legit to worry when they start breaking promises. Not when they continue to be exactly in the scope of where they and we expect them to be given known info.

There's a big difference between say $4/gh received in September and $4/gh received in January. The former is probably 5 times more valuable. Thus, there's more like an equivalency between $20/gh in Sept and $4/gh in January.

You obscure that fact by completely ignoring the time factor, the most important factor of all in hashing hardware.

KNC's gear may be more expensive per gh, but it's also coming months and months earlier. You'll be lucky to even achieve positive ROI with a Cointerra rig, even at their lower price. And if they ship late it's all over.

And why, if you've been paying attention AT ALL, would you expect to see either a working prototype or a revealed chip. None of us who've actually read every communication from KNC to the public and every page of this thread expect that.

Here, asshole, make some money on your doubts. I dare you:

Bitbet: KnCMiner will deliver ASIC devices before October 1st

Your idiotic whining about seeing a chip is annoying. The chips are being shipped to their assembler, NOT TO THEM, thus there's no chip to show. They'll see the chips themselves for the first time when they receive finished miners ready to ship sans burn-in.

They answered it already. The winning phrase is kept secret for now, but the winner has been notified and agreed to keep quiet. See their news section on site.

They thanked Kano for making CGminer and making it open source. Duh.

Lol, yes, the ignore button lights up as others ignore them.

Whoa, someone just put 15 BTC on Yes >_>



Someone knows something. Think it might be Sam or Andreas? If I were them and I knew we'd be hitting our target, I'd place that bet. Heck ya. That's the whole purpose of an information market, to monetize sharing expectations. And only someone really confident or with insider info is gonna spend $1500... $1950 betting on this

(damn, bitcoin being worth more than $100 is really screwing with my estimated math these days )

Probably because the Nov. price break makes it not worth the effort comparatively. While they're only using one board, they're still using the same case, and same man-power to test and ship, etc., etc.

Here ya go:

Bitbet: KNC Jupiter's total gigahash/sec will be greater than the number of pages of this Bitcointalk thread at the time of shipping

Good point.

If I'd have been thinking I would've gotten a Bitbet going