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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3012984 times)
de_ixie
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September 02, 2013, 02:24:01 PM
 #8161

The last news seems to tell : We are going to do batches.
No shipping between the 15th of October and mid-November.

I wouldn't consider it a "Batch" really.

You can't sell up to October 31st at $7,000 and then November 1st Say it's $5,000.

yeah - good argument

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September 02, 2013, 02:25:35 PM
 #8162

http://thegenesisblock.com/bitfuy-begins-shipping-to-customers/

"Bitfury will clearly have a large impact on the network, but the full amount has not been disclosed. Over 400 TH/s are likely from their pre-assembled units over the next two months, but it is likely that any large-scale orders would be through their bulk chip orders. Bitfury sold lots of 3,000 chips (around 9 TH/s total) for $330,000 on August deliveries and $60,000 on October deliveries. Amid Avalon’s two-month delays with few pre-orders arriving out of the 800,000 chip backlog, Bitfury could emerge as the dominant ASIC mining chip manufacturer until companies like HastFash and CoinTerra release their 28nm at the end of this year."

Not a mention on KnC wow...
timmmers
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September 02, 2013, 02:25:43 PM
 #8163




Wait your image shows that you will ROI by start of Jan? What the F are you on about then?

Dude, you are smoking fucking crack if you basing your assumptions off of difficulty 3.4 BILLION by March 2014... ASIC manufacturers would have to be selling these things like like toilet paper in order to reach that amount of difficulty and they simply are not going to be able to put that much hash power out quick enough to realize this difficulty within 6 months time.

Why?
A. Because at this point in the game if you didn't get in early enough to make seed capital for further investment, your probably not going to invest/reinvest. Less investors = less rigs = Less Difficulty

B. Guys just like you will continue to scoff at a 20% return (which by the way is an awesome return within 6 months by any measure). And is based off of what you will get worst case if your Genesis Block charts stand correct assuming you have a Jupiter by October. (Referencing your Image, and assuming a switch-off date of March 2013)

C. The equipment that is in use today, will not be in use in 6 months... This shit isn't like CPU's where you still have people rockin Pentium 4's, the life expectancy of a ASIC is directly related to their profitability which as difficulty rises profitability decreases. Which again brings us back to the toilet paper analogy, people would have to be replacing/buy new equipment every 6 months to keep up. and even then, they would be switching off their Avalon batch 3 dinosaurs at this point. I don't see this happening.
 
D.After all the BFL bullshit, Avalon cancelling chip orders, hashfast, cointerra, and all the other so-called 28nm developers soliciting for December, when the the lions share of the potential performance will be ate up, manufacturers will have to be really pushing the envelope on the tech, and this will cost money, definitely within the thousand of dollars. very few other than the rich, and die-hard supporters will be buying in at this point.

E. Among other endeavors I am a firearms dealer and let me tell you some of the dynamics and concerns about flooding the market with product are very real in this business and apply to ASICs. Manufacturers of firearms go to great lengths to ensure they stay profitable and too much product hitting the streets too fast most definitely causes devaluation in this market. Gun manufacturers want to continue charging ridiculous prices for the few pieces of product they make so they limit how much product hits the distributors per month to keep the scarcity high and thus the prices high. This is no different for ASIC Manufacturers. At some point when the dust settles, and the guys that saw an opportunity to make a quick buck shutdown, your going to see ASIC manufacturers throttling the supply, and I firmly believe this is already happening and will only get worse as difficulty rises. They don't want to give these things away, and you can bet your ass they're not going to do it without making a handsome profit.

This is all speculation, however that is the exact point plasmoske, and everyone else in the forum is making. There are lots of mechanics to this whole thing that we don't even know about, let alone can calculate and at the end of the day its a dice roll, you wanna play? Go big or go home. If your too afraid of losing your money, stick with the stock market, or better yet T-Bonds. Just don't expect to make a 20% return within 6 months.


Also, a business that could make a 20% profit for it's owner in it's first year trading could also lose it's owner his shirt..lose everything like many do every day. Not much risk of that with this ..we're pretty certain to get some return at least if we didn't invest money we don't have.
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September 02, 2013, 02:25:56 PM
 #8164

It looks like they're going to have a fully automated building process.  They reserve slots in a robotic manufacturing facility, same as chip fab.  Kinda like the opposite of BFL where there's one guy soldering and screwing as fast as he can.  They got the screwing down to a fine art, but the soldering still needs some work.
robix
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September 02, 2013, 02:29:40 PM
 #8165

What do you guys thin about the new price. $5k, mid November, a good bargain?
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September 02, 2013, 02:33:43 PM
 #8166

What do you guys thin about the new price. $5k, mid November, a good bargain?
No, you will lose money.

My lucky BTC address : 1LoTTerY3WYbGxVRHvh8oDudDdTxFvvqWF
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September 02, 2013, 02:34:27 PM
 #8167

What do you guys thin about the new price. $5k, mid November, a good bargain?
It's as good as it's going to get for the time being.  If BTC keeps skyrocketing, you'll be a happy camper.
Biomech
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September 02, 2013, 02:36:00 PM
 #8168

What do you guys thin about the new price. $5k, mid November, a good bargain?

It works for me! I'm fairly certain I can afford that by the time it matters. Couldn't get in on the first bunch, but with the price reduction I can probably get into the game as more than an advocate and observer this time around.

Buy Bitcoins with Paypal, Credit card, or other methods. Send me a PM or a text to 208-451-2665.
Vedran Yoweri
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September 02, 2013, 02:47:05 PM
 #8169

What do you guys thin about the new price. $5k, mid November, a good bargain?
The returns @ mid November will decide this for me and thus for them. It's in there hands by preferred treatment and price.
DPoS
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September 02, 2013, 03:02:09 PM
 #8170


Right to 400, so where did you hear 350....ever?



I don't know how long you been around, but when they posted the items on the store.. their descriptions were 175/350 (Saturn/Jupiter)  so it may of not been in a newsletter..

but then they had this update which changed that


Performance improvements to Jupiter and Saturn
 

Here at KnCMiner we have always stated that the final performance of our machines has not been set in stone. We simply do not want to overpromise and then have to correct ourselves later.

The performance increase that we can announce today is based on direct feedback from the chip manufacturer who have been working with us for some time now. They have come back to us confirming the performance improvements in our RTL code.

So it is with great pleasure that we can finally announce our Jupiter is now a 400 GH/s device and therefore Saturn is a 200 GH/s device.

We are now so far down the chip development path that we can safely reveal these figures. There will be further announcements from us about the chip manufacture soon, and we will keep you all informed of all progress

~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
DPoS
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September 02, 2013, 03:09:14 PM
 #8171

untill now knc
have delay
because no real photo of chips
and only a word that he will sent at end of will be ready

knc will be out of time for sure

Put your money where your mouth is:

http://bitbet.us/bet/472/kncminer-will-deliver-asic-devices-before-october-1st/

It surprises me there is lil more no bets considering such optimism here

That's called "hedging".

OMG but hedging takes away from ROI how can 1 not understand they throw away one cent of ROI you lose terrible?!?!?!?!

If you don't know for 130% fact you get ROI how can you place any order at all??

Even when I go to grocery store I bring enough coupons that I make ROI



~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
bcp19
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September 02, 2013, 03:12:24 PM
 #8172

untill now knc
have delay
because no real photo of chips
and only a word that he will sent at end of will be ready

knc will be out of time for sure

Put your money where your mouth is:

http://bitbet.us/bet/472/kncminer-will-deliver-asic-devices-before-october-1st/

It surprises me there is lil more no bets considering such optimism here

That's called "hedging".

OMG but hedging takes away from ROI how can 1 not understand they throw away one cent of ROI you lose terrible?!?!?!?!

If you don't know for 130% fact you get ROI how can you place any order at all??

Even when I go to grocery store I bring enough coupons that I make ROI

Have you ever made 100%(or more) RoI on those coupons?

I do not suffer fools gladly... "Captain!  We're surrounded!"
I embrace my inner Kool-Aid.
anykeywhy
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September 02, 2013, 03:12:45 PM
 #8173

Mine's where other unpleasant, resolved, troubles..... .....I understand you! Smiley


But I clearly remember that KNCminer stated as part of their business rules, since their start, that they would NOT accept payments for pre-orders like other companies did...... Also they stated that they would send an payment invoice to un-payed pre-orders, one week before the last usable day to accomplish the full payment.. An that would happen once they could define theis shipping time-line (& obviously their production rate/capability...) ...  ... ... ...
That was part of KNCminer Network Protection & Customers Protection Program since may 2013 as thy started publicly...

AND EXACTLY FOR THAT REASON I PLACED MY PRE-ORDERS and still haven't payed for them... ...So, I'm waiting for an "official" answer from KNC support (emailed them)!!! Wink

If I remeber well also this, but unsure here, they stated also that they would keep your order queue position even if you add more machines on your order later...
Till now, I have received all KNC emails since my account on their site was created, in may, and nothing mentioned any order cancellation... ...my orders are still up and with the same progressive numbers!!!

If you still remember, when KNC "appeared", they were tagged as scammers... (..and someone really stupd still do it..) ... A bunch of us never think that and continued/continue to support KNC and invest in their business, accordingly to our-own capability! Wink  --I'm sorry to had recall tis times to KNCminer, please forgive me! These days are definitely BEHIND !!! Grin Grin Grin

Kind Regards,
-anykeywhy-


It doesn't matter how many winky faces, smilies, etc.. you put in your post. Every order that isn't a wire transfer gets put in the Queue based on when it is paid. The wire transfers get a week I believe.

Your "Pre-orders" are useless, please don't come in here assuming or tricking people into otherwise. We don't need a whole bunch of stupid people believing you and grabbing their pitchforks.

I'M SORRY... YOU BIG KING OF MY ASSHOLE @Bargraphics. I really love your little-dickie-way of telling things to people... DOT.

I've QUICKLY received the OFFICIAL KNCminer reply (they rock!) with all infos I need. My big Thanks go out to everybody who wasted his time to update a not-synced guy like me!!! Grin Grin Grin

..and put some smiley in your b/w posts!!! Grin Grin Grin


Kind Regards!
-anykeywhy-
Henchman24
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September 02, 2013, 03:20:27 PM
 #8174

Mine's where other unpleasant, resolved, troubles..... .....I understand you! Smiley


But I clearly remember that KNCminer stated as part of their business rules, since their start, that they would NOT accept payments for pre-orders like other companies did...... Also they stated that they would send an payment invoice to un-payed pre-orders, one week before the last usable day to accomplish the full payment.. An that would happen once they could define theis shipping time-line (& obviously their production rate/capability...) ...  ... ... ...
That was part of KNCminer Network Protection & Customers Protection Program since may 2013 as thy started publicly...

AND EXACTLY FOR THAT REASON I PLACED MY PRE-ORDERS and still haven't payed for them... ...So, I'm waiting for an "official" answer from KNC support (emailed them)!!! Wink

If I remeber well also this, but unsure here, they stated also that they would keep your order queue position even if you add more machines on your order later...
Till now, I have received all KNC emails since my account on their site was created, in may, and nothing mentioned any order cancellation... ...my orders are still up and with the same progressive numbers!!!

If you still remember, when KNC "appeared", they were tagged as scammers... (..and someone really stupd still do it..) ... A bunch of us never think that and continued/continue to support KNC and invest in their business, accordingly to our-own capability! Wink  --I'm sorry to had recall tis times to KNCminer, please forgive me! These days are definitely BEHIND !!! Grin Grin Grin

Kind Regards,
-anykeywhy-


It doesn't matter how many winky faces, smilies, etc.. you put in your post. Every order that isn't a wire transfer gets put in the Queue based on when it is paid. The wire transfers get a week I believe.

Your "Pre-orders" are useless, please don't come in here assuming or tricking people into otherwise. We don't need a whole bunch of stupid people believing you and grabbing their pitchforks.

I'M SORRY... YOU BIG KING OF MY ASSHOLE @Bargraphics. I really love your little-dickie-way of telling things to people... DOT.

I've QUICKLY received the OFFICIAL KNCminer reply (they rock!) with all infos I need. My big Thanks go out to everybody who wasted his time to update a not-synced guy like me!!! Grin Grin Grin

..and put some smiley in your b/w posts!!! Grin Grin Grin


Kind Regards!
-anykeywhy-

Wowsers!  Overly defensive, mysterious use of capitalization, slight butchering of the English language, goofy overuse of emoticons...I'd swear we've finally found out where Legendster went, but I would have expected him to lash out at me vs Bar.  
OmegaNemesis28
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September 02, 2013, 03:21:19 PM
 #8175

Mine's where other unpleasant, resolved, troubles..... .....I understand you! Smiley


But I clearly remember that KNCminer stated as part of their business rules, since their start, that they would NOT accept payments for pre-orders like other companies did...... Also they stated that they would send an payment invoice to un-payed pre-orders, one week before the last usable day to accomplish the full payment.. An that would happen once they could define theis shipping time-line (& obviously their production rate/capability...) ...  ... ... ...
That was part of KNCminer Network Protection & Customers Protection Program since may 2013 as thy started publicly...

AND EXACTLY FOR THAT REASON I PLACED MY PRE-ORDERS and still haven't payed for them... ...So, I'm waiting for an "official" answer from KNC support (emailed them)!!! Wink

If I remeber well also this, but unsure here, they stated also that they would keep your order queue position even if you add more machines on your order later...
Till now, I have received all KNC emails since my account on their site was created, in may, and nothing mentioned any order cancellation... ...my orders are still up and with the same progressive numbers!!!

If you still remember, when KNC "appeared", they were tagged as scammers... (..and someone really stupd still do it..) ... A bunch of us never think that and continued/continue to support KNC and invest in their business, accordingly to our-own capability! Wink  --I'm sorry to had recall tis times to KNCminer, please forgive me! These days are definitely BEHIND !!! Grin Grin Grin

Kind Regards,
-anykeywhy-


It doesn't matter how many winky faces, smilies, etc.. you put in your post. Every order that isn't a wire transfer gets put in the Queue based on when it is paid. The wire transfers get a week I believe.

Your "Pre-orders" are useless, please don't come in here assuming or tricking people into otherwise. We don't need a whole bunch of stupid people believing you and grabbing their pitchforks.

I'M SORRY... YOU BIG KING OF MY ASSHOLE @Bargraphics. I really love your little-dickie-way of telling things to people... DOT.

I've QUICKLY received the OFFICIAL KNCminer reply (they rock!) with all infos I need. My big Thanks go out to everybody who wasted his time to update a not-synced guy like me!!! Grin Grin Grin

..and put some smiley in your b/w posts!!! Grin Grin Grin


Kind Regards!
-anykeywhy-

Got a quick laugh out of your butchered english but please tell us what your "official" reply was so every other moron that thinks about writing what you did can be educated from your due diligence.

 Cool

To be honest, both BFL and KNC have apparently done orders by the date first placed. Contrary to the belief and the statements by the companies themselves that its by payment date. For example, I played my BFL order on July 10th 2012 and didn't end up getting a wire transfer out until July 12th which means it didn't hit BFL until July 20th~. My order was still marked as July 10th.
KNC seems to be the same case. My order is marked as the day I placed the order, and my Paypal transfer didn't finish for a week.

I'm not one for donations but if you must go ahead and I will keep you in mind. =)
http://payb.tc/omeganemesis28
DPoS
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September 02, 2013, 03:27:42 PM
 #8176


Even when I go to grocery store I bring enough coupons that I make ROI

Have you ever made 100%(or more) RoI on those coupons?

Considering the coupons are free, I'd assume he did!

 Grin Cheesy Grin

~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
anykeywhy
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September 02, 2013, 03:39:56 PM
 #8177

Mine's where other unpleasant, resolved, troubles..... .....I understand you! Smiley


But I clearly remember that KNCminer stated as part of their business rules, since their start, that they would NOT accept payments for pre-orders like other companies did...... Also they stated that they would send an payment invoice to un-payed pre-orders, one week before the last usable day to accomplish the full payment.. An that would happen once they could define theis shipping time-line (& obviously their production rate/capability...) ...  ... ... ...
That was part of KNCminer Network Protection & Customers Protection Program since may 2013 as thy started publicly...

AND EXACTLY FOR THAT REASON I PLACED MY PRE-ORDERS and still haven't payed for them... ...So, I'm waiting for an "official" answer from KNC support (emailed them)!!! Wink

If I remeber well also this, but unsure here, they stated also that they would keep your order queue position even if you add more machines on your order later...
Till now, I have received all KNC emails since my account on their site was created, in may, and nothing mentioned any order cancellation... ...my orders are still up and with the same progressive numbers!!!

If you still remember, when KNC "appeared", they were tagged as scammers... (..and someone really stupd still do it..) ... A bunch of us never think that and continued/continue to support KNC and invest in their business, accordingly to our-own capability! Wink  --I'm sorry to had recall tis times to KNCminer, please forgive me! These days are definitely BEHIND !!! Grin Grin Grin

Kind Regards,
-anykeywhy-


It doesn't matter how many winky faces, smilies, etc.. you put in your post. Every order that isn't a wire transfer gets put in the Queue based on when it is paid. The wire transfers get a week I believe.

Your "Pre-orders" are useless, please don't come in here assuming or tricking people into otherwise. We don't need a whole bunch of stupid people believing you and grabbing their pitchforks.

I'M SORRY... YOU BIG KING OF MY ASSHOLE @Bargraphics. I really love your little-dickie-way of telling things to people... DOT.

I've QUICKLY received the OFFICIAL KNCminer reply (they rock!) with all infos I need. My big Thanks go out to everybody who wasted his time to update a not-synced guy like me!!! Grin Grin Grin

..and put some smiley in your b/w posts!!! Grin Grin Grin


Kind Regards!
-anykeywhy-

Got a quick laugh out of your butchered english but please tell us what your "official" reply was so every other moron that thinks about writing what you did can be educated from your due diligence.

 Cool


Cumulative QUOTE of your replies: one for all!!! Grin --and thank you all, you make my day, the expression "butchered english" splatted my face!!! Grin

I'm really sorry for my butchered english, of course, if I had a BTCcent every time in my life I should write/say that before communicating... I think I would be the emperor-of-whole-universe!!! Grin Grin Grin

I emailed KNCminer that kindly and quickly answered to me and substantially reminded me that is time to check-up my brain again... So, who was in right is in right! Cool

Sorry for that reply shorter than I would, I'm a bit-busy atm! Wink


Some Regards!!! ;P Grin ;P Grin ;P  
-anykeywhy-
operador
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September 02, 2013, 03:41:26 PM
 #8178

This was pure comedy, thanks.
anykeywhy
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September 02, 2013, 03:43:55 PM
 #8179

you are welcome!

I needed a break from work!!! Grin
timmmers
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September 02, 2013, 03:47:45 PM
 #8180

And to think, on Star Trek they meet strange aliens from different galaxies and instantly understand every word they say. lol
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