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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3006489 times)
eiliant
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November 28, 2013, 04:36:18 AM
 #23961

Cool, np sorry for not getting that part. It seemed like the re-seller thing was for anyone. Looks like I will not be owning a KNC however.

Many people are willing to order for you, some for free. Check the previous few pages.
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November 28, 2013, 04:38:41 AM
 #23962

Cool, np sorry for not getting that part. It seemed like the re-seller thing was for anyone. Looks like I will not be owning a KNC however.

Many people are willing to order for you, some for free. Check the previous few pages.

Thats ok, id rather not do that. Its fine that they reward loyal customers but I just find the way they did it a bit unappealing.
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November 28, 2013, 04:49:24 AM
 #23963

Butterfly labs fanboy really needs to wise up!

https://forums.butterflylabs.com/humor-all-things-funny/6292-knc-half-speed-neptune-20nm.html

.
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November 28, 2013, 04:55:22 AM
 #23964

so....670"s is "turbo mode"?


I was dreaming for 750. Maybe with tweaking we can get it above 700.

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November 28, 2013, 05:38:33 AM
 #23965

88xx "NOVEMBER' jupiter - Paid....still
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November 28, 2013, 07:02:24 AM
 #23966

Ok I'm confused...

I thought for the Neptune you could only do Bitcoin or Wire Xfer

yet when I look at the payment options I see Bitcoin or Bank Xfer


Do they mean wire xfer and it is just a translation issue

anyone actually pay straight bank xfer vs wire xfer

there is a difference

thanks

Searing

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November 28, 2013, 07:04:06 AM
 #23967

Some coins at the moment are 3000% more profitable than BTC.

http://www.coinchoose.com/

More profitable than GPU mining. Not ASIC mining!

GPU mining as I type is more profitable based on price of the coins over the cost of equipment when you factor in longevity of the hardware due to diff potential rise.  the cost of electric, won't be a factor for the next few months for GPU or Asics, his won't come into play again until march 2014, when 1st batch Avalons will start to become obsolete, followed by BFL's, blades and USB asics.  As we all know this will be a game of attrition, In the end mining will only be where electric is free.  

Now...
£2500 gets you (Saturn) 330Ghs = 0.25 BTC a day = £164

£2500 gets you  (13 x 7950) 7000Khs = 5 LTC a day = £110

in 3 months the drop in returns for the Saturn will be much higher that the drop in the 7950's, unless there is some new hardware which is doubtful in that time scale.  Over a 3 month period a GPU farm would be more profitable IMHO and will remain so for longer. Also the GPU will have sell on value after it becomes obsolete for mining.    Of course none of this can be taken seriously, there are just too many possible factors to account for that we have no control over, because tomorrow BTC could be $10000 and LTC $10. As it stands, GPUs look more attractive to me. If LTC does end up as .25 of a BTC what then?  those 100 LTC start to look a lot more attractive and it will be another case of people looking back and thinking "what if"...

I for one won't be buying a Neptune (can't afford it at the moment).  I will wait for a credible Scrypt asic or fpga to emerge, it won't be long now.  and as soon as it does happen and GPU's are no longer effective, scypt-jane coins will get all the GPU power.  

Just my thoughts.

KnC any new plans for a scrypt-fpga?


My sentiments exactly.  If you pre-order a Neptune now, you tie up $10,000 until March or April 2014.  You will not be able to reap any benefits from this tidy sum until March or April 2014 at the earliest.  If you spent $10,000 on HD7970s you will start mining LTC next week and with 4 7970s you are currently earning about 1.5 LTC per day, which at $30 - $40 per coin would earn you about 120 - 150 LTC by March 2014.  You would probably be at break-even after 3 -4 months and at the current price of LTC power cost is negligible unless you run a farm.  Besides, you can trade your LTC for BTC and at the current exchange rate less than 20 LTC buys a Bitcoin. Smiley

I was in Zephyr's Avalon group buy batch 5, but we never received the chips.  Thankfully we were refunded in BTC, and that was my luck as just keeping the coins turned out to be a much better investment than pursuing any Asic mining equipment.  I had pre-ordered a Jupiter but decided not to pursue it while watching the  dramatic difficulty increases in BTC mining.

At the same time I started to run an LTC rig in May (3 HD 7970s) and have completely recovered my cost (about $2,000.-) and with the current prices have almost tripled my original investment.  The 10 BTC that not so long ago only bought 100 Avalon chips are now enough to buy a KNC miner.  But if each coin cost $5,000 in two years you will be sorry as you will lose money.  LTC mining with  GPUs is currently the most profitable mining.  In addition, when I started in May 2013, the  difficulty in LTC mining was around 500.  At this time it is 1500 and will climb to 1700 because of the recent price push.  Compare this to the  BTC ASIC arms race and you see the  difference.  The only people that make money in this arms race are the ASIC miner vendors and large ASIC mining farms.  In LTC mining there is a chance for the small miner, there is none in BTC, especially now.  

If you decide to buy a Neptune, please use Fiat, otherwise you will hate yourself later.
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November 28, 2013, 07:12:41 AM
 #23968

Ok I'm confused...

I thought for the Neptune you could only do Bitcoin or Wire Xfer

yet when I look at the payment options I see Bitcoin or Bank Xfer


Do they mean wire xfer and it is just a translation issue

anyone actually pay straight bank xfer vs wire xfer

there is a difference

thanks

Searing


In the US, a bank transfer is handled by a bank and you have better legal recourse if something happens as
opposed to a wire transfer like Western Union, where it is much harder to recover any funds.
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November 28, 2013, 07:24:56 AM
 #23969

BTC10.71 spent on my Neptune order

ROI or no ROI - THAT is the question...

 Smiley

Here we go again!!!!

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Searing
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November 28, 2013, 07:25:16 AM
 #23970

Ok I'm confused...

I thought for the Neptune you could only do Bitcoin or Wire Xfer

yet when I look at the payment options I see Bitcoin or Bank Xfer


Do they mean wire xfer and it is just a translation issue

anyone actually pay straight bank xfer vs wire xfer

there is a difference

thanks

Searing


In the US, a bank transfer is handled by a bank and you have better legal recourse if something happens as
opposed to a wire transfer like Western Union, where it is much harder to recover any funds.


well I was under the impression because it was overseas it was a WIRE XFER only??? or is this just mis-information from god know where on my part?

I'd prefer if it really is .. a bank xfer is just out of my checking account direct..wire xfer is a pain.

anyone pay with FIAT so you can clarify this? via bank xfer?

The reason I is ask is so I can arrange where the $$$ go via which bank I use (one bank only does wire xfer if a certain person is around) the other bank I've not tried a wire xfer with assuming this is what I need to do because overseas....so it is kinda a bank setup question so I don't  have to mess with this on FRIDAY (assuming bank is open day after thanksgiving)and I can just go to the right bank directly....not move $$$ around etc  before hand anyway why I'm double checking this  (although still unsure about purchasing 2 or more Neptunes  but can hedge till FRIDAY assuming the banks are open ..it is thanksgiving in the USA)

I hope it is bank xfer that is more straight forward then a wire xfer (the knc site lists bank xfer just double checking) ..again just clarifying if that is what they really mean because it is international order I thought I could only do wire xfer internationally  (if it is a bank xfer live and learn I can do this internationally ....points for me I learned something new)

Thanks in advance

Searing

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November 28, 2013, 07:29:15 AM
 #23971

I am guessing the link is done then, I still see no option to purchase.


its still there for me....

Sure it is...

yes, it is....im not quite sure what you are getting at?

I cant see it, tried 3 different browsers, either Joke's on me or its broke. I dunno which.

A. Are you a previous customer?

B. Are you logged in?

Makes it simple.
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November 28, 2013, 07:37:48 AM
 #23972

Ok I'm confused...

I thought for the Neptune you could only do Bitcoin or Wire Xfer

yet when I look at the payment options I see Bitcoin or Bank Xfer


Do they mean wire xfer and it is just a translation issue

anyone actually pay straight bank xfer vs wire xfer

there is a difference

thanks

Searing


In the US, a bank transfer is handled by a bank and you have better legal recourse if something happens as
opposed to a wire transfer like Western Union, where it is much harder to recover any funds.


well I was under the impression because it was overseas it was a WIRE XFER only??? or is this just mis-information from god know where on my part?

I'd prefer if it really is .. a bank xfer is just out of my checking account direct..wire xfer is a pain.

anyone pay with FIAT so you can clarify this? via bank xfer?

The reason I is ask is so I can arrange where the $$$ go via which bank I use (one bank only does wire xfer if a certain person is around) the other bank I've not tried a wire xfer with assuming this is what I need to do because overseas....so it is kinda a bank setup question so I don't  have to mess with this on FRIDAY (assuming bank is open day after thanksgiving)and I can just go to the right bank directly....not move $$$ around etc  before hand anyway why I'm double checking this  (although still unsure about purchasing 2 or more Neptunes  but can hedge till FRIDAY assuming the banks are open ..it is thanksgiving in the USA)

I hope it is bank xfer that is more straight forward then a wire xfer (the knc site lists bank xfer just double checking) ..again just clarifying if that is what they really mean because it is international order I thought I could only do wire xfer internationally  (if it is a bank xfer live and learn I can do this internationally ....points for me I learned something new)

Thanks in advance

Searing

Wink
As I assume the money transfer goes straight into KNC's bank account, you should probably use a bank transfer.
I do not think that KNC cares how they obtain your money as long as it ends up  in their bank account. Wink
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November 28, 2013, 07:56:33 AM
 #23973

BTC10.71 spent on my Neptune order

ROI or no ROI - THAT is the question...

 Smiley

Here we go again!!!!

The issue I see here is KNC is kind of taking advantage of their little success from their Jupiter release (which to this day many people still have DIE issues and can't perform above 500Gh/s) and on the heels of that are presenting new hardware that's so far away the earth may not be here when the time comes for delivery. When I ordered my Saturn, I didn't have to wait long at all...and I wouldn't have ordered it if I had to wait long. Now if you want something you need to sell your kids college fund and iphone and then wait 6 months for miner that may or may not return what you paid already. I'm not a big risk taker, so this was an easy choice for me and the cost alone at $10k + shipping is straw on the camels back. Your talking small car prices here now....not miner prices. I can only guess the mass of people that are dumping out 10k so quickly just have the money from a great paying job, have no family and buy everything for themselves, or still live at home and let mommy and daddy pay all the bills. I wish everything the best of luck, but if you're making your mother wash your underwear and you are 40 years old, SHAME ON YOU! Get your ass out of the house you greedy bastard.

Need help with your Newznab usenet indexer? http://www.newznabforums.com
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November 28, 2013, 08:08:54 AM
 #23974

BTC10.71 spent on my Neptune order

ROI or no ROI - THAT is the question...

 Smiley

Here we go again!!!!

The issue I see here is KNC is kind of taking advantage of their little success from their Jupiter release (which to this day many people still have DIE issues and can't perform above 500Gh/s) and on the heels of that are presenting new hardware that's so far away the earth may not be here when the time comes for delivery. When I ordered my Saturn, I didn't have to wait long at all...and I wouldn't have ordered it if I had to wait long. Now if you want something you need to sell your kids college fund and iphone and then wait 6 months for miner that may or may not return what you paid already. I'm not a big risk taker, so this was an easy choice for me and the cost alone at $10k + shipping is straw on the camels back. Your talking small car prices here now....not miner prices. I can only guess the mass of people that are dumping out 10k so quickly just have the money from a great paying job, have no family and buy everything for themselves, or still live at home and let mommy and daddy pay all the bills. I wish everything the best of luck, but if you're making your mother wash your underwear and you are 40 years old, SHAME ON YOU! Get your ass out of the house you greedy bastard.


Hahah - yes good points. I guess the risk/reward calc is different for everyone.

Personally, i spent FIAT on a jupiter, and have mined BTC20
I spent BTC10.71 on the neptune and i retain BTC10
And my Jup is still mining BTC1 every 2.5 days or so...

I'm in my 20's, stable job, good salary, low costs.

Easy decision.

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Phoenix1969
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November 28, 2013, 08:24:55 AM
 #23975

1.  Previous orders were profitable by a large margin.

2.  A KNC miner is worth more after you get it, and can be sold for a profit.

3.  Mining is quickly becoming a commercial/professional affair.

4. It's time to stop whining and get serious... or shut up & forget about mining, because there is no better offers in the world than what KNC has right here.


-my 2 cents.  Wink


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Elenelen
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November 28, 2013, 08:27:04 AM
 #23976

Some coins at the moment are 3000% more profitable than BTC.

http://www.coinchoose.com/

More profitable than GPU mining. Not ASIC mining!

GPU mining as I type is more profitable based on price of the coins over the cost of equipment when you factor in longevity of the hardware due to diff potential rise.  the cost of electric, won't be a factor for the next few months for GPU or Asics, his won't come into play again until march 2014, when 1st batch Avalons will start to become obsolete, followed by BFL's, blades and USB asics.  As we all know this will be a game of attrition, In the end mining will only be where electric is free.  

Now...
£2500 gets you (Saturn) 330Ghs = 0.25 BTC a day = £164

£2500 gets you  (13 x 7950) 7000Khs = 5 LTC a day = £110

in 3 months the drop in returns for the Saturn will be much higher that the drop in the 7950's, unless there is some new hardware which is doubtful in that time scale.  Over a 3 month period a GPU farm would be more profitable IMHO and will remain so for longer. Also the GPU will have sell on value after it becomes obsolete for mining.    Of course none of this can be taken seriously, there are just too many possible factors to account for that we have no control over, because tomorrow BTC could be $10000 and LTC $10. As it stands, GPUs look more attractive to me. If LTC does end up as .25 of a BTC what then?  those 100 LTC start to look a lot more attractive and it will be another case of people looking back and thinking "what if"...

I for one won't be buying a Neptune (can't afford it at the moment).  I will wait for a credible Scrypt asic or fpga to emerge, it won't be long now.  and as soon as it does happen and GPU's are no longer effective, scypt-jane coins will get all the GPU power.  

Just my thoughts.

KnC any new plans for a scrypt-fpga?


My sentiments exactly.  If you pre-order a Neptune now, you tie up $10,000 until March or April 2014.  You will not be able to reap any benefits from this tidy sum until March or April 2014 at the earliest.  If you spent $10,000 on HD7970s you will start mining LTC next week and with 4 7970s you are currently earning about 1.5 LTC per day, which at $30 - $40 per coin would earn you about 120 - 150 LTC by March 2014.  You would probably be at break-even after 3 -4 months and at the current price of LTC power cost is negligible unless you run a farm.  Besides, you can trade your LTC for BTC and at the current exchange rate less than 20 LTC buys a Bitcoin. Smiley

I was in Zephyr's Avalon group buy batch 5, but we never received the chips.  Thankfully we were refunded in BTC, and that was my luck as just keeping the coins turned out to be a much better investment than pursuing any Asic mining equipment.  I had pre-ordered a Jupiter but decided not to pursue it while watching the  dramatic difficulty increases in BTC mining.

At the same time I started to run an LTC rig in May (3 HD 7970s) and have completely recovered my cost (about $2,000.-) and with the current prices have almost tripled my original investment.  The 10 BTC that not so long ago only bought 100 Avalon chips are now enough to buy a KNC miner.  But if each coin cost $5,000 in two years you will be sorry as you will lose money.  LTC mining with  GPUs is currently the most profitable mining.  In addition, when I started in May 2013, the  difficulty in LTC mining was around 500.  At this time it is 1500 and will climb to 1700 because of the recent price push.  Compare this to the  BTC ASIC arms race and you see the  difference.  The only people that make money in this arms race are the ASIC miner vendors and large ASIC mining farms.  In LTC mining there is a chance for the small miner, there is none in BTC, especially now.  

If you decide to buy a Neptune, please use Fiat, otherwise you will hate yourself later.

Same here.... as of today my 18Khs Litecoin-Rig is making more than my Jupiter....
But this insane price jump in Litecoins (11 days ago they were $4, now over $40), will attract many new script-miners and old Script-rigs which were turned-off (because energy costs) are turned-on again...So difficulty will skyrocket soon as well.
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November 28, 2013, 08:56:21 AM
 #23977


Same here.... as of today my 18Khs Litecoin-Rig is making more than my Jupiter....
But this insane price jump in Litecoins (11 days ago they were $4, now over $40), will attract many new script-miners and old Script-rigs which were turned-off (because energy costs) are turned-on again...So difficulty will skyrocket soon as well.


I am going to turn mine back on tonight. Only 4200kh/s and already paid for itself 1.5x but no reason to keep it in a cupboard with LTC at $40!!

Cheesy

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lkthomas
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November 28, 2013, 09:01:35 AM
 #23978

Guys, I am trying to find out how to order miner from KnC, but seems all product have been sold out, how should I order now?
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November 28, 2013, 09:04:06 AM
 #23979

back from the noise about the new product preorders to the main important things: did anyone receive a jupiter device nov batch?

will the status of the device then also go from "PAID" to "IN PROGRESS" before it will shipped?
jelin1984
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November 28, 2013, 09:08:29 AM
 #23980

Final is enough for November  Jupiter the psu 1000w or not?
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