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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3011466 times)
faetos
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December 29, 2013, 06:06:10 AM

Best news yet! We don't have to register as money transmitters with fincen!

http://cointext.com/fincen-issues-bitcoin-friendly-ruling-for-miners/
That rocks!!! Thanks for sharing that info.
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December 29, 2013, 06:11:44 AM

912 of 1200 public batch 2 left.
faetos
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December 29, 2013, 06:18:16 AM

I've been watching this on the neptune batch 1,2,3,4 stuff and if you look on KnC's site it goes down like this:

1st batch - pre-existing customers only at $10K - shipment Q1/Q2
General release - anyone could order at $13K - shipment Q1/Q2
2nd general release batch - anyone can order at $10k - shipment in Q2 at least 1 month after the general release batch

So, honestly time will tell when everyone will get their miners. It's just all speculation at this point since it's months out and we have no more info to go on. If you want a 2nd batch Neptune they are still available (912 left). I do believe they might release some Junipers since they're a little crazy like that. If they do I certainly will pick one up if the price is reasonable.

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December 29, 2013, 09:06:47 AM

I've been watching this on the neptune batch 1,2,3,4 stuff and if you look on KnC's site it goes down like this:

1st batch - pre-existing customers only at $10K - shipment Q1/Q2
General release - anyone could order at $13K - shipment Q1/Q2
2nd general release batch - anyone can order at $10k - shipment in Q2 at least 1 month after the general release batch

So, honestly time will tell when everyone will get their miners. It's just all speculation at this point since it's months out and we have no more info to go on. If you want a 2nd batch Neptune they are still available (912 left). I do believe they might release some Junipers since they're a little crazy like that. If they do I certainly will pick one up if the price is reasonable.



For me the game changer is that this disappeared in the batch sold now:



http://s28.postimg.org/l5dcsdx5n/Untitled.jpg
minternj
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December 29, 2013, 09:12:39 AM

I've been watching this on the neptune batch 1,2,3,4 stuff and if you look on KnC's site it goes down like this:

1st batch - pre-existing customers only at $10K - shipment Q1/Q2
General release - anyone could order at $13K - shipment Q1/Q2
2nd general release batch - anyone can order at $10k - shipment in Q2 at least 1 month after the general release batch

So, honestly time will tell when everyone will get their miners. It's just all speculation at this point since it's months out and we have no more info to go on. If you want a 2nd batch Neptune they are still available (912 left). I do believe they might release some Junipers since they're a little crazy like that. If they do I certainly will pick one up if the price is reasonable.



For me the game changer is that this disappeared in the batch sold now:



http://s28.postimg.org/l5dcsdx5n/Untitled.jpg

So basically discount was because of no refunds?

Warning about Nitrogensports.eu
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smoothrunnings
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December 29, 2013, 12:22:27 PM

Thanks for the response smoothrunnings -- I'd just figured that the second batch had sold out but apparently that was not the case. It's curious that this one says definitively Q2. Hopefully the first batch still has the Q1/Q2 designation. Who knows what difficulty will be like once we get there.

Who told you the second batch was sold out?

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December 29, 2013, 12:27:14 PM

I've been watching this on the neptune batch 1,2,3,4 stuff and if you look on KnC's site it goes down like this:

1st batch - pre-existing customers only at $10K - shipment Q1/Q2
General release - anyone could order at $13K - shipment Q1/Q2
2nd general release batch - anyone can order at $10k - shipment in Q2 at least 1 month after the general release batch

So, honestly time will tell when everyone will get their miners. It's just all speculation at this point since it's months out and we have no more info to go on. If you want a 2nd batch Neptune they are still available (912 left). I do believe they might release some Junipers since they're a little crazy like that. If they do I certainly will pick one up if the price is reasonable.



FYI , so you don't confuse anyone it should look like this:

Pre-Release - pre-existing customers only at $10K - shipment Q1/Q2
1st batch release - anyone could order at $13K - shipment Q1/Q2
2nd batch release - anyone can order at $10k - shipment in Q2 at least 1 month after the general release batch

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December 29, 2013, 12:30:42 PM

Who's bought from Knc Miner in the past and lives in Canada and or the US?

What did Knc Miner mark the value of the miner as?
Did you have to pay any duty and brokerage fees?

I am just wondering if they are going to mark the value down or if I am going to be stuck paying $1560 plus a brokerage fee when my Neptune finally shows up!?

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December 29, 2013, 12:39:31 PM

Who's bought from Knc Miner in the past and lives in Canada and or the US?

What did Knc Miner mark the value of the miner as?
Did you have to pay any duty and brokerage fees?

I am just wondering if they are going to mark the value down or if I am going to be stuck paying $1560 plus a brokerage fee when my Neptune finally shows up!?




I'm in USA did not pay anything.....as to value....not sure if a value was even added in my case..

anyway just saying that is what was what I my case

Searing

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smoothrunnings
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December 29, 2013, 01:37:24 PM

Who's bought from Knc Miner in the past and lives in Canada and or the US?

What did Knc Miner mark the value of the miner as?
Did you have to pay any duty and brokerage fees?

I am just wondering if they are going to mark the value down or if I am going to be stuck paying $1560 plus a brokerage fee when my Neptune finally shows up!?




I'm in USA did not pay anything.....as to value....not sure if a value was even added in my case..

anyway just saying that is what was what I my case

Searing


So you never looked at the paper work that was on the box in the plastic envelope? Smiley

That's where you will find all the important details.
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December 29, 2013, 02:21:39 PM

Best news yet! We don't have to register as money transmitters with fincen!

http://cointext.com/fincen-issues-bitcoin-friendly-ruling-for-miners/

Beat me to it, was just about to post that!

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
CYPER
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December 29, 2013, 02:22:55 PM

Best news yet! We don't have to register as money transmitters with fincen!

http://cointext.com/fincen-issues-bitcoin-friendly-ruling-for-miners/

Beat me to it, was just about to post that!

So back to $1000 after the New Year  Roll Eyes

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December 29, 2013, 03:04:47 PM

So back to $1000 after the New Year  Roll Eyes

Still not buying these  Undecided
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December 29, 2013, 04:48:24 PM

None of my packages from knc had any sort of customs paperwork on them. I've had more complicated morning poops. They must have done it right with a prearranged customs broker that got everything approved.... Or just luck. I remember losing multiple lasers from wickedlasers to customs a few years ago.
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December 29, 2013, 04:57:31 PM

Best news yet! We don't have to register as money transmitters with fincen!

http://cointext.com/fincen-issues-bitcoin-friendly-ruling-for-miners/

Beat me to it, was just about to post that!

So back to $1000 after the New Year  Roll Eyes

Love that ruling.

So, 'after the New Year' - you figure it might be something like retirees waiting to take money out of IRA's to put into BTC so the withdrawal is on next year's taxes?

I don't think I've ever seen the MtGox trading volume as flat as it's been for the last 20 hours.



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Phoenix1969
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December 29, 2013, 05:16:48 PM

Best news yet! We don't have to register as money transmitters with fincen!

http://cointext.com/fincen-issues-bitcoin-friendly-ruling-for-miners/

Beat me to it, was just about to post that!

So back to $1000 after the New Year  Roll Eyes

Love that ruling.

So, 'after the New Year' - you figure it might be something like retirees waiting to take money out of IRA's to put into BTC so the withdrawal is on next year's taxes?

I don't think I've ever seen the MtGox trading volume as flat as it's been for the last 20 hours.
YOU MISSED ONE IMPORTANT POINT

" as long as they mine for themselves."

which means if you are hosting miners.... you need to register!


It looks like they want ultimate de-centralization as well.... hmm


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RickJamesBTC
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December 29, 2013, 05:18:00 PM

Don't start tossing specifics on it Phoenix. They barely understand what is going on already, adding hosting to the mix will confuse them. Let's just leave it as "ok"
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December 29, 2013, 05:20:35 PM

Don't start tossing specifics on it Phoenix. They barely understand what is going on already, adding hosting to the mix will confuse them. Let's just leave it as "ok"
errrr, no, sorry......As stated is not ok...Well, I'd hate for a skimmer to miss that and get busted, loose everyone's BTC....it's important they actually read it, and don't generalize it... KNC DOES Host miners.....  so the choices are simple
I DIDN'T ADD HOSTING TO THE MIX...FINCEN DID

Best news yet! We don't have to register as money transmitters with fincen!

http://cointext.com/fincen-issues-bitcoin-friendly-ruling-for-miners/

Beat me to it, was just about to post that!
YES YOU DO unless you stop hosting



"The ruling goes on to discuss that other arrangements, such as mining contracts where mining is done on behalf of another party, may be classified as a Money Services Business depending on the circumstances.  The entire ruling is below and will be published at FinCEN抯 web site in the near future."

Too important to let slide by...sry
It's certainly bad news for hosting....   This will be a game-changer.
Private hosting farms in USA are especially in trouble


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December 29, 2013, 05:39:55 PM

It's really not a game changer. It is simple to register for that. I just didn't want to have to do it for mining.
Phoenix1969
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December 29, 2013, 05:45:14 PM

It's really not a game changer. It is simple to register for that. I just didn't want to have to do it for mining.
registering as a money transmitter in USA isn't easy. You have to comply & register in every state you deal with, and they don't have any "Standardization" that covers all.... it's very difficult. Why do you think the exchanges had such a hard time? It takes millions, months, and a team of lawyers.
You'll see.....

but miners in general are ok....     just hosting farms.


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