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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3006376 times)
rampalija
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November 26, 2013, 11:42:19 PM
 #23721

Refund at dollars
That's is knc said at site under the miner
They'll take your 12BTC today and when you ask for a refund in April, they'll sell one BTC when it's $10,000/BTC to refund you and make $110,000 profit  Grin

Ordering today basically means you are selling them your bitcoin for $850-$900.

you're right.

so the best way to buy a neptune is via bank wire.

or wait a price correction and buy a few more btc and than hold Tongue


10 000 $ buy 10 btcs and hold them for 6 months and you will se how much will u earn

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The Avenger
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November 26, 2013, 11:42:51 PM
 #23722

Refund at dollars
That's is knc said at site under the miner
They'll take your 12BTC today and when you ask for a refund in April, they'll sell one BTC when it's $10,000/BTC to refund you and make $110,000 profit  Grin

Ordering today basically means you are selling them your bitcoin for $850-$900.

you're right.

so the best way to buy a neptune is via bank wire.

or wait a price correction and buy a few more btc and than hold Tongue
Hold!

But you can see why they are doing the massive pressure sales. They get 500 orders today @ 12BTC = 6000BTC.

Maybe tomorrow it'll be 10BTC, so 500x10 = 5000BTC.

That's 1000BTC less. Almost $1million. But more importantly, 1000BTC less. Which could be $10million soon.

I'm surprised they don't throw in a few free t-shirts and a night with bitcoinorama to get people to part with their btc today  Cheesy

"I am not The Avenger"
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sickpig
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November 26, 2013, 11:45:09 PM
 #23723


I'm surprised they don't throw in a few free t-shirts and a night with bitcoinorama to get people to part with their btc today  Cheesy


LOL

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rampalija
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November 27, 2013, 12:04:08 AM
 #23724

how many coins do you guys think it will generate overall for 1 Neptune and how long will it take to break even when it delivers
30Btc in March 15btc in April, but prices can be 1000$ or 100$ for 1BTC, now all Jupiter's owners give up their Btc back to knc unknown projects 10000$ x 1200 =12mil$ and the chips manufacturing cost only 4,3$ mil

To be honest, I am a bit disappointed that KNC turned a bit greedy here. Not only they don't need all these $12 millions for next generation chips, they already have huge profits from November orders, for which they already had the chips.


i tottaly agree with you man, they are greedy 

KGBSlim
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November 27, 2013, 12:04:45 AM
 #23725

To all of you guys bitching and complaining you do know that you can just not order 1 right?? But no really thanks for making this thread a clusterf**k of forum ovulation, really helps us on the thread who are genuinely trying to find out info on KnC orders etc!

Tips - 16AbA3b2GRR37t6RasVJmoxXTGuGUE1PAP
The Avenger
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November 27, 2013, 12:07:41 AM
 #23726


Hold!

But you can see why they are doing the massive pressure sales. They get 500 orders today @ 12BTC = 6000BTC.

Maybe tomorrow it'll be 10BTC, so 500x10 = 5000BTC.

That's 1000BTC less. Almost $1million. But more importantly, 1000BTC less. Which could be $10million soon.

I'm surprised they don't throw in a few free t-shirts and a night with bitcoinorama to get people to part with their btc today  Cheesy


You get +1 only if production costs are being paid with BTC by KNC.  If not, what you say doesn't make sense.
Why would they pay production costs in btc?

500 orders @ 12BTC = 6000BTC @ $970 = $5.8million. They could sell the btc proceeds of 500 orders *tomorrow* and that would be enough $ to cover the NRC, right? <speculation> By the time they sell 1200 orders, that is probably NRC + all production costs for the entire run. Every miner after that initial 1200 is pure profit. At a wild guess 1200 + maybe another 5000 noob orders this time round? More? </speculation> Not to mention how much the price of btc will rise while they hold tens if not hundreds of thousands of it.

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cepo
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November 27, 2013, 12:16:22 AM
 #23727

Why are all of you talking about the KNC numbers?
Let them do what they want to do.
Everyone knows that these Firms who produce Miners (KNC, BFL, Bitmine..), are the winners here.
They let us normal people participate on the biz for a small %.

If you buy 1 Neptune, and run it in lets say in March with a difficulty of 18 billion (lets calculate high), you will earn about about 25 BTC (22k $/current price)
Ur still on the + side. Calculate lower and you'll earn more.

So why are you talking about their numbers?

What matters, is how much do you make with a 3TH miner..

cheers.
The Avenger
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November 27, 2013, 12:23:07 AM
 #23728


Why would they pay production costs in btc?

500 orders @ 12BTC = 6000BTC @ $970 = $5.8million. They could sell the btc proceeds of 500 orders *tomorrow* and that would be enough $ to cover the NRC, right? By the time they sell 1200 orders, that is probably NRC + all production costs for the entire run. <speculation>Every miner after that initial 1200 is pure profit. At a wild guess 5000+ orders this time? </speculation> Not to mention how much the price of btc will rise while they hold tens if not hundreds of thousands of it.


NRC + all production costs = who knows?  ...I see what your saying, but you can't be too sure without such details...


Cheers
I moved my speculation tag to include that part, but you quoted me just before I did it Smiley I agree, that is speculation.

But the figures are not unreasonable given some of the figures mentioned in this thread regarding gen1.

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DPoS
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November 27, 2013, 12:23:52 AM
 #23729



What matters, is how much do you make with a 3TH miner..



knowing KNC it'll be more than 3TH..  probably 4TH if you have enough power to run it right


I think a lot of customers would of been fine buying more of those Nov designed jupiters for a late Feb delivery then not knowing how the Neptune will rollout


~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
rolling
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November 27, 2013, 12:36:27 AM
 #23730



What matters, is how much do you make with a 3TH miner..



knowing KNC it'll be more than 3TH..  probably 4TH if you have enough power to run it right


I think a lot of customers would of been fine buying more of those Nov designed jupiters for a late Feb delivery then not knowing how the Neptune will rollout



I think the idea was that they are not going to inflate the network until their competitors do.  No reason to sell anything else for delivery now since nobody else is.  If that changes, I'm sure they will sell more too.  

Why start selling the Neptune now?  That's what their competitors are doing.  Promising something for 3 or 4 months from now and taking in money people want to spend on mining gear.  Why not get a piece of the pie rather than let the competitors get stronger. Its really about crushing the competition.  Who is going to order Cointerra now?
Sitarow
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November 27, 2013, 12:37:23 AM
 #23731



What matters, is how much do you make with a 3TH miner..



knowing KNC it'll be more than 3TH..  probably 4TH if you have enough power to run it right


I think a lot of customers would of been fine buying more of those Nov designed jupiters for a late Feb delivery then not knowing how the Neptune will rollout



What ever it will be. It will be one of the best hardware available for public consumption.
btcspender
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November 27, 2013, 12:39:36 AM
 #23732

Just ordered Neptune order #124xx
fubly
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November 27, 2013, 12:40:48 AM
 #23733

On which diff works your jupiters best?

I m on ghash.io atm, is it ok or exists any better?


------------
p.s. no PM about buying Neptunes, i have orderd 3 over the website with my own reseller id. thx


p.s.p.s. est. BTC price June 2014 = 2400 USD

pspsps: thx Phoenix1969 for your feedback to me
rolling
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November 27, 2013, 12:44:21 AM
 #23734

Just ordered Neptune order #124xx

Are they going to oversell the 1200 like they did the cards?  That's over 1200 orders based on order numbers alone much less orders with multiple units. I guess it's the first 1200 to pay for their orders then they'll cancel the rest like they did with the cards.
ImI
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November 27, 2013, 12:46:32 AM
 #23735

Just ordered Neptune order #124xx

Are they going to oversell the 1200 like they did the cards?  That's over 1200 orders based on order numbers. I guess it's the first 1200 to pay for their orders then they'll cancel the rest like they did with the cards.

ALOT of those orders are just vapor-orders that never get paid

monsieur
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November 27, 2013, 12:49:16 AM
 #23736

The reason I am bitching about is because I cannot afford one  Grin  So, all that early customer appreciation program turns out to mean nothing for me.
mstang83
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November 27, 2013, 12:51:30 AM
 #23737

The reason I am bitching about is because I cannot afford one  Grin  So, all that early customer appreciation program turns out to mean nothing for me.

Same here.

CYPER
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November 27, 2013, 12:52:38 AM
 #23738

Refund at dollars
That's is knc said at site under the miner
They'll take your 12BTC today and when you ask for a refund in April, they'll sell one BTC when it's $10,000/BTC to refund you and make $110,000 profit  Grin

Ordering today basically means you are selling them your bitcoin for $850-$900.

How are you not aware that KNC do not take any BTC from Bitpay?

If this post helped you and you feel generous you know what to do: 1P9tXFy9bVgzrfPGeV7F8np26ZtFdCCWvz
merv77
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November 27, 2013, 12:54:53 AM
 #23739

Im pretty sure that KNC uses Btipay and it instantly gets converted to fiat.
So no they don't have BTC for the sale and that's why they say if you refund in the future you'll get back fiat not BTC

EDIT. you beat me to it CYPER
johnyj
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November 27, 2013, 01:00:30 AM
 #23740

Power might be the reason for me to not purchase. At least for my apartment, I can't use other power hungry devices when the miner is on --- the circuit break will be triggered

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