Swedish ASIC miner company kncminer.com

[RoadStress]

You get 2000$ discount. It has been already said in this thread.

It hasn't been said by KNCMiner, I searched the thread before I posted, and just checked again.

KNCMiner have only said "Upgrade protection built in to any purchase with vouchers for up to $2000 off of any Jupiter purchase"

It's ambiguous, I could buy a mars recieve a voucher for $1 and it meets the above, hence asking for official confirmation.

Why don't you email Sam to find out exactly? Post here his reply.

[1715202546]

1715202546

[1715202546]

1715202546

[vvic]

So... is it true that single person can only buy 3 devices?

[RoadStress]

So... is it true that single person can only buy 3 devices?

Email Sam!

[zl0x]

is there an estimate of how many units will be produced per day with kncminer?
for knowing if it will be profitable, my pre-order number is around 5k, so i ask..

(after trying to read these 80 pages, i found nothing about that, but sorry if I'm wrong)

[stoechi]

What about the guys heading to visit the scam? Wasnt it like about this Monday? News Plz.

[thomashrev89]

What about the guys heading to visit the scam? Wasnt it like about this Monday? News Plz.

Open day next week. check the open day thread.

[megvon]

sincerely trust that kncminer will accommodate the request of those who order late to make partial payments or make payments only in August or September. We won't want our funds hold up for too many months

[dhenson]

when will we have to pay for the pre-orders?

I'm going to be severely bummed if the price of bitcoin is still down when the miners become purchasable. We had been up near 50 btc/Jupiter but with today's dump we're sitting at ~60 btc/Jupiter.

[Bitcoinorama]

when will we have to pay for the pre-orders?

I'm going to be severely bummed if the price of bitcoin is still down when the miners become purchasable. We had been up near 50 btc/Jupiter but with today's dump we're sitting at ~60 btc/Jupiter.

The price of bitcoin since the media attention has bounced between $100 and €100 dependant on where the confidence in exchange lies.

Note: This is a personal observation, but check it for yourself...

[FlappySocks]

ROI is not going to be so good either. Prepare for a big jump in difficulty.

[dhenson]

ROI is not going to be so good either. Prepare for a big jump in difficulty.

I think it's safe to assume we'll be hitting the 30% / 2016 block increase maximum for the foreseeable future.  At least that makes forecasting ROI easier ;-)

[tosku]

ROI is not going to be so good either. Prepare for a big jump in difficulty.

I think it's safe to assume we'll be hitting the 30% / 2016 block increase maximum for the foreseeable future.  At least that makes forecasting ROI easier ;-)

Will it really? If the 2016 blocks take one week instead of two, we can have 30% difficulty increases every week, or 69% every two weeks.

[ecliptic]

it's been discussed countless times but there's going to be at least a tripling of hashrate before these units would arrive, maybe even 5x or higher (~262 TH/sec total from asicminer, and ~220 Th/sec from avalon chips, plus avalon batch units, plus whatever else)

[Rampion]

it's been discussed countless times but there's going to be at least a tripling of hashrate before these units would arrive, maybe even 5x or higher (~262 TH/sec total from asicminer, and ~220 Th/sec from avalon chips, plus avalon batch units, plus whatever else)

Triple is nothing. At the current price/GHs you would do a HUGE profit with a Jupiter if the difficulty only went x3 by the moment you get it.

As it's scheduled for September/October, I would consider a difficulty of at least 70 million, and then an increase of at least x100 in the following 12 months (and I wouldn't be surprised by x300...)

If then diff. is any lower than that, better for everybody, but running simulations with anything lower 70m in October and x100 increase in the following 12 months is just absurd wishful thinking IMO.

[Bitcoinorama]

it's been discussed countless times but there's going to be at least a tripling of hashrate before these units would arrive, maybe even 5x or higher (~262 TH/sec total from asicminer, and ~220 Th/sec from avalon chips, plus avalon batch units, plus whatever else)

Triple is nothing. At the current price/GHs you would do a HUGE profit with a Jupiter if the difficulty only went x3 by the moment you get it.

As it's scheduled for September/October, I would consider a difficulty of at least 70 million, and then an increase of at least x100 in the following 12 months (and I wouldn't be surprised by x300...)

If then diff. is any lower than that, better for everybody, but running simulations with anything lower 70m in October and x100 increase in the following 12 months is just absurd wishful thinking IMO.

To be honest, my concerns are the unknown identities Yifu mentioned in the background we don't know about.

Private equity that may have started development in February that we won't know about until they come online.

That is why it is so important we have as much legitimate competition in the open ASAP.

The Bitsyncom bulk chip purchase wallet had enough Bitcoins for 760,000 Avalon chips at their resale price last week.

We only know of a handful of 10k purchases from this forum alone. Who else are they selling to??

[ecliptic]

it's been discussed countless times but there's going to be at least a tripling of hashrate before these units would arrive, maybe even 5x or higher (~262 TH/sec total from asicminer, and ~220 Th/sec from avalon chips, plus avalon batch units, plus whatever else)

Triple is nothing. At the current price/GHs you would do a HUGE profit with a Jupiter if the difficulty only went x3 by the moment you get it.

As it's scheduled for September/October, I would consider a difficulty of at least 70 million, and then an increase of at least x100 in the following 12 months (and I wouldn't be surprised by x300...)

If then diff. is any lower than that, better for everybody, but running simulations with anything lower 70m in October and x100 increase in the following 12 months is just absurd wishful thinking IMO.

To be honest, my concerns are the unknown identities Yifu mentioned in the background we don't know about.

Private equity that may have started development in February that we won't know about until they come online.

That is why it is so important we have as much legitimate competition in the open ASAP.

The Bitsyncom bulk chip purchase wallet had enough Bitcoins for 760,000 Avalon chips at their resale price last week.

We only know of a handful of 10k purchases from this forum alone. Who else are they selling to??

Um there are a shit load of group orders spread across maybe a dozen people, i haven't run the numbers but I think more chips are accounted for as open buys than as not

[Bitcoinorama]

it's been discussed countless times but there's going to be at least a tripling of hashrate before these units would arrive, maybe even 5x or higher (~262 TH/sec total from asicminer, and ~220 Th/sec from avalon chips, plus avalon batch units, plus whatever else)

Triple is nothing. At the current price/GHs you would do a HUGE profit with a Jupiter if the difficulty only went x3 by the moment you get it.

As it's scheduled for September/October, I would consider a difficulty of at least 70 million, and then an increase of at least x100 in the following 12 months (and I wouldn't be surprised by x300...)

If then diff. is any lower than that, better for everybody, but running simulations with anything lower 70m in October and x100 increase in the following 12 months is just absurd wishful thinking IMO.

To be honest, my concerns are the unknown identities Yifu mentioned in the background we don't know about.

Private equity that may have started development in February that we won't know about until they come online.

That is why it is so important we have as much legitimate competition in the open ASAP.

The Bitsyncom bulk chip purchase wallet had enough Bitcoins for 760,000 Avalon chips at their resale price last week.

We only know of a handful of 10k purchases from this forum alone. Who else are they selling to??

Um there are a shit load of group orders spread across maybe a dozen people, i haven't run the numbers but I think more chips are accounted for as open buys than as not

@10,000 chips per group buy that = a potential 76 group buys!!!

Jspielberg was the forum member that confirmed this...

[Rampion]

it's been discussed countless times but there's going to be at least a tripling of hashrate before these units would arrive, maybe even 5x or higher (~262 TH/sec total from asicminer, and ~220 Th/sec from avalon chips, plus avalon batch units, plus whatever else)

Triple is nothing. At the current price/GHs you would do a HUGE profit with a Jupiter if the difficulty only went x3 by the moment you get it.

As it's scheduled for September/October, I would consider a difficulty of at least 70 million, and then an increase of at least x100 in the following 12 months (and I wouldn't be surprised by x300...)

If then diff. is any lower than that, better for everybody, but running simulations with anything lower 70m in October and x100 increase in the following 12 months is just absurd wishful thinking IMO.

To be honest, my concerns are the unknown identities Yifu mentioned in the background we don't know about.

Private equity that may have started development in February that we won't know about until they come online.

That is why it is so important we have as much legitimate competition in the open ASAP.

The Bitsyncom bulk chip purchase wallet had enough Bitcoins for 760,000 Avalon chips at their resale price last week.

We only know of a handful of 10k purchases from this forum alone. Who else are they selling to??

Um there are a shit load of group orders spread across maybe a dozen people, i haven't run the numbers but I think more chips are accounted for as open buys than as not

@10,000 chips per group buy that = a potential 76 group buys!!!

Jspielberg was the forum member that confirmed this...

There were group buy who did multiple orders (I think one of those did as much of 7 or 8 orders)... And you can b sure that the vast majority of the individuals who bought the chips for their own use are not advertising it on the forums.

[Twh]

@10,000 chips per group buy that = a potential 76 group buys!!!

Jspielberg was the forum member that confirmed this...

I'd assume about 200-400k are from group buys and another 150k from companies that plan to sell assembled units with a 200% profit margin.
Isn't it irrelevant though? We know that there are 760k chips being made and added to the network around August, that's all that matters when making projections. What is much more of an issue is whether BFL ships and to what ends; additionally if there are any other manufacturers/groups working in the background that add a lot of units.
I tried calculating ROI with 100 and 200m difficulty, that's where I expect it to be around October; but then it's all worthless anyway, it's pretty much impossible to project ROI since the price is going up and down all the time and the smallest news leave a huge impact. You can make estimates of difficulty but by the time KnCMiner ships the BTC price could be anywhere between $.1 and $600, and this is true all the same after you receive the miner, but it has an even worse effect; if BTC crashes then, you have no possibility of getting your money back.

[jelin1984]

I have a small number like 5@@ if someone want I can sell it