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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3006588 times)
The Avenger
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October 16, 2013, 08:28:45 PM
 #16641

Mine now says: Order #6xxx In progress (Payed)

We shall see for how long.
We've gone through 4xxx to 6xxx in one day? Damn those Swede's work hard.

Only thing they've gone through is marking all the orders as in progress. I want my tracking numberrrrrrr :-D
Or better yet, a surprise that my miner shows on my door step before Friday :-)
I was kinda joking Smiley I mean, why would they need 3-5 more days, right? That was today's news.

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The Avenger
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October 16, 2013, 08:30:52 PM
 #16642

Mine now says: Order #6xxx In progress (Payed)

We shall see for how long.
We've gone through 4xxx to 6xxx in one day? Damn those Swede's work hard.

It's all lies. A rig in progress would be easily finished in hours and shipped at least next day. That's not happening for many. Once in progress, no refund.
Looks better too...in some other universe.

MEanwhile on Ebay.. http://www.ebay.co.uk/sch/i.html?_sacat=0&_from=R40&_nkw=KNC%20bitcoin&rt=nc&_pppn=r1&LH_PrefLoc=2&_fspt=1
This one is good value - only 1 euro
http://www.ebay.co.uk/itm/KnCMiner-KnC-Bitcoin-Jupiter-550Ghs-In-Hand-ASIC-/290997515735?pt=DE_Computer_Sonstige&hash=item43c0cdb5d7
Wink

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October 16, 2013, 08:35:29 PM
 #16643

Mine now says: Order #6xxx In progress (Payed)

We shall see for how long.
We've gone through 4xxx to 6xxx in one day? Damn those Swede's work hard.

It's all lies. A rig in progress would be easily finished in hours and shipped at least next day. That's not happening for many. Once in progress, no refund.
Looks better too...in some other universe.

MEanwhile on Ebay.. http://www.ebay.co.uk/sch/i.html?_sacat=0&_from=R40&_nkw=KNC%20bitcoin&rt=nc&_pppn=r1&LH_PrefLoc=2&_fspt=1
This one is good value - only 1 euro
http://www.ebay.co.uk/itm/KnCMiner-KnC-Bitcoin-Jupiter-550Ghs-In-Hand-ASIC-/290997515735?pt=DE_Computer_Sonstige&hash=item43c0cdb5d7
Wink

 1 euro plus postage Wink

That is the quickest loss of money on mining gear I ever saw. Bidding over 6k on a rig just as the difficulty rockets making it very unlikely ever to break even. They must not have checked.
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October 16, 2013, 08:36:52 PM
 #16644

Hey Orama have you got your miner yet?
Well Orama?
Bitcoinorama
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October 16, 2013, 08:38:29 PM
 #16645

Hey Orama have you got your miner yet?
Well Orama?

No I currently have a dev board with two missbehaving modules i'm testing beaglebones on with the new firmware update.

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
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October 16, 2013, 08:40:35 PM
 #16646

UPS has a feature where they email you with a tracking number.  DHL doesn't automatically do that.  Mine came directly from KNC in order to shut me up (I imagine).

Same here.

I asked for and paid for UPS shipping and got DHL (don't know whether that is good or bad)

and it was shipped on the 16th, not the 15th as they had indicated.


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October 16, 2013, 08:40:49 PM
 #16647

Hey Orama have you got your miner yet?
Well Orama?

No I currently have a dev board with two missbehaving modules i'm testing beaglebones on with the new firmware update.
Jesus..

EDIT: After all is said and done KnC scored 50/100 IMHO...
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October 16, 2013, 08:42:16 PM
 #16648

Dude the hashrate is about to level out for a bit not, continue growing like this for a while.

Quoted so I'll have something to laugh at after a couple more crazy adjustments.

Buy & Hold
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October 16, 2013, 08:42:59 PM
 #16649

Hey Orama have you got your miner yet?
Well Orama?

No I currently have a dev board with two missbehaving modules i'm testing beaglebones on with the new firmware update.

Should have gone British with a Raspberry Pi, *waves flag*!

"How are you justifying these as fair use?  They are clearly and unequivocally a copyright violation."
"I really want to know how you justify that under the fair use doctrine?  It does not conform to a single point of fair use."
Josh whining about people reusing his studio portrait shot on this forum. Can you copyright a copyright complaint? All Paypal refunds are final.
Bitcoinorama
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October 16, 2013, 08:43:39 PM
 #16650

Dude the hashrate is about to level out for a bit not, continue growing like this for a while.

Quoted so I'll have something to laugh at after a couple more crazy adjustments.

As in the hashrate will plateau after the shipment ceases as the proportional increase won't be of the same magnitude for a while. That's logical. Obviously the difficulty will continue through some crazy adjustment yet, as it is yet to truly reflect the current hashrate. Those increases will be close together obviously as blocks are solved faster.

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
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donch
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October 16, 2013, 08:45:55 PM
 #16651

Dude the hashrate is about to level out for a bit not, continue growing like this for a while.

Quoted so I'll have something to laugh at after a couple more crazy adjustments.

As it in the hashrate will plateau after the shipment ceases as the proportional increase won't be of the same magnitude for a while. That's logical.

Due to the fact that no-one except Hashfast has published their orderbook, you or I have no certainty over that statement. It's illogical to assume anything without facts.

"How are you justifying these as fair use?  They are clearly and unequivocally a copyright violation."
"I really want to know how you justify that under the fair use doctrine?  It does not conform to a single point of fair use."
Josh whining about people reusing his studio portrait shot on this forum. Can you copyright a copyright complaint? All Paypal refunds are final.
Bitcoinorama
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October 16, 2013, 08:48:28 PM
 #16652

Dude the hashrate is about to level out for a bit not, continue growing like this for a while.

Quoted so I'll have something to laugh at after a couple more crazy adjustments.

As it in the hashrate will plateau after the shipment ceases as the proportional increase won't be of the same magnitude for a while. That's logical.

Due to the fact that no-one except Hashfast has published their orderbook, you or I have no certainty over that statement. It's illogical to assume anything without facts.

No of course, it's my prediction, based on my reasoning. Of course I don't know what other unknowns exist, but I don't think 'old money' wants to get involved for a while yet, they want to see far less volatility and far more value reflected in the cumulative BTC price. Along with more certain regulation from governments. 

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
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The Avenger
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October 16, 2013, 08:49:04 PM
 #16653

https://bitcointalk.org/index.php?topic=312579

"The circle of lifeeee" Sing it with me.

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October 16, 2013, 08:50:40 PM
 #16654

Hey Orama have you got your miner yet?
Well Orama?

No I currently have a dev board with two missbehaving modules i'm testing beaglebones on with the new firmware update.

How come you still don't have a miner? What order number do you have? I don't understand.

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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October 16, 2013, 08:52:39 PM
 #16655

No of course, it's my prediction, based on my reasoning.

Your "reasoning" is clouded by being a knc-fanboi. The hashrate is not going to "level out" for quite some time.

Buy & Hold
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October 16, 2013, 08:55:17 PM
 #16656

Dude the hashrate is about to level out for a bit not, continue growing like this for a while.

Quoted so I'll have something to laugh at after a couple more crazy adjustments.

As it in the hashrate will plateau after the shipment ceases as the proportional increase won't be of the same magnitude for a while. That's logical.

Due to the fact that no-one except Hashfast has published their orderbook, you or I have no certainty over that statement. It's illogical to assume anything without facts.

No of course, it's my prediction, based on my reasoning. Of course I don't know what other unknowns exist, but I don't think 'old money' wants to get involved for a while yet, they want to see far less volatility and far more value reflected in the cumulative BTC price. Along with more certain regulation from governments.  

Well, I'm sad to say that I cancelled my October Jupiter order based on the uncertainty surrounding the hash rate. If KNC want to stand out in the market place, I'd suggest a fully transparent order book. In fact, I'm sure they mentioned they were going to do that at one point. Anyone who bought for October delivery can make a better decision on ROI if they know what the November delivery looks like, and November customers want certainty over the next generation March 2014 timetable. BFL kept their order book hidden like a state secret and the reason was they had sold kit that would never get close to making a profit. There are still people now waiting for Minirigs. God, I feel sorry for their loss.

I'm signing off from this thread. It's been fun and thanks Bitcoinorama for the information you've extracted. Keep pushing for more :-)

 

"How are you justifying these as fair use?  They are clearly and unequivocally a copyright violation."
"I really want to know how you justify that under the fair use doctrine?  It does not conform to a single point of fair use."
Josh whining about people reusing his studio portrait shot on this forum. Can you copyright a copyright complaint? All Paypal refunds are final.
Bitcoinorama
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October 16, 2013, 08:58:54 PM
 #16657

No of course, it's my prediction, based on my reasoning.

Your "reasoning" is clouded by being a knc-fanboi. The hashrate is not going to "level out" for quite some time.

Think about it. This shipment has been the most disruptive major volume of hashrate unleashed upon the network in a short period of time. You're seeing the effect of that. KnC aren't shipping for another month. Who else is going to have such a marked effect in that time? When they do ship on the following occasion it's unlikely to be equal to what's shipping now, and even if it was it wouldn't have the effect the current outlay will, because the current shipment will already be part of the total network hashrate at that point. They will not be shipping anything like what they are shipping now PLUS what already existed. Therefore the increase will not be as proportional and be more incremental. What you are seeing now will be the largest single increase - proportionately - for a given finite period.

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
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The Avenger
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October 16, 2013, 09:00:46 PM
 #16658

Man, that video makes me want to buy a diamond encrusted eye patch  Cheesy

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Bitcoinorama
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October 16, 2013, 09:02:54 PM
 #16659

Dude the hashrate is about to level out for a bit not, continue growing like this for a while.

Quoted so I'll have something to laugh at after a couple more crazy adjustments.

As it in the hashrate will plateau after the shipment ceases as the proportional increase won't be of the same magnitude for a while. That's logical.

Due to the fact that no-one except Hashfast has published their orderbook, you or I have no certainty over that statement. It's illogical to assume anything without facts.

No of course, it's my prediction, based on my reasoning. Of course I don't know what other unknowns exist, but I don't think 'old money' wants to get involved for a while yet, they want to see far less volatility and far more value reflected in the cumulative BTC price. Along with more certain regulation from governments.  

Well, I'm sad to say that I cancelled my October Jupiter order based on the uncertainty surrounding the hash rate. If KNC want to stand out in the market place, I'd suggest a fully transparent order book. In fact, I'm sure they mentioned they were going to do that at one point. Anyone who bought for October delivery can make a better decision on ROI if they know what the November delivery looks like, and November customers want certainty over the next generation March 2014 timetable. BFL kept their order book hidden like a state secret and the reason was they had sold kit that would never get close to making a profit. There are still people now waiting for Minirigs. God, I feel sorry for their loss.

I'm signing off from this thread. It's been fun and thanks Bitcoinorama for the information you've extracted. Keep pushing for more :-)

 

No worries bro, i'll try, I need to catch some shut-eye too. Night!

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
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Biomech
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October 16, 2013, 09:06:28 PM
 #16660

UPS has a feature where they email you with a tracking number.  DHL doesn't automatically do that.  Mine came directly from KNC in order to shut me up (I imagine).

Same here.

I asked for and paid for UPS shipping and got DHL (don't know whether that is good or bad)

and it was shipped on the 16th, not the 15th as they had indicated.



Based on my experiences with both carriers, you got upgraded. UPS can screw up anything, and seem proud of it.

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