Swedish ASIC miner company kncminer.com

[seleme]

If I buy as Bosnian citizen and chose KNC hosting what would be final amount (VAT and that stuff)

[idee2013]

can not pay with paypal yet

It's working, make sure your not being limited by paypal they have limits for non-verified people.

my paypal account is a premier verified account

PayPal cannot process this transaction because of a problem with the seller's website. Please contact the seller directly to resolve this problem

Blue, I'm hitting same problem. Its KNC's paypal account thats the issue, not you

Good morning everybody!

Is the 2nd Paypal issue solved now or am i to fast for this question?

[innovation]

I have a question: I have two order #52* and #58*. The order #58*'s state is paid, the order #52*'s state is new.
Can I exchange the two orders's state.
Thanks.

[dhenson]

I have a question: I have two order #52* and #58*. The order #58*'s state is paid, the order #52*'s state is new.
Can I exchange the two orders's state.
Thanks.

Lol those are so close together, I'm sure they will both ship in the same day.  No point.

[dhenson]

Anyone else's order status say bitpay when you actually paid via PayPal?

[canth]

Anyone else's order status say bitpay when you actually paid via PayPal?

Paid with PayPal, shows PayPal.

[dhenson]

Guess that means I could double my money by requesting refund, then disputing Paypal.

I won't, but they might want to check to verify if this is widespread or not.

[idee2013]

Guess that means I could double my money by requesting refund, then disputing Paypal.

No, because when you make an dispute at paypal, KNC will receive an EMail from paypal and KNC will check it out whats wrong. Then they will see, that you only have made one payment and i think they will cancel your order or someting like this to be able to refund your paypal payment....

If it is really right that the shop system shows a bitbay payment instead paypal in your order, then  the shopsystem has a 2nd bug.
At this monday there was no VAT calulation for EU customers if they did not entered a business VAT number (private buyers).

[dhenson]

You misunderstood.  Reverse the order and the light in your skull will blink on.

[btcmmm]

Have some one a VAT number for me I want to save 6000€ Tax 

[silverserpent]

Remember 1000 watt power supplies add $200 per jupiter

anybody know how much to ship to US? Is PSU included with Saturn ($3795 price)

[innovation]

Anyone else's order status say bitpay when you actually paid via PayPal?

I pay for my order#58* with Bitcoins. The state of order is paid.

[bitpop]

If the miner ever arrives, I'll be using this http://www.newegg.com/Product/Product.aspx?Item=N82E16817139014
Single rail is the best choice

Remember 1000 watt power supplies add $200 per jupiter

did they say what type yet?   

wouldn't be wise to go cheap on it considering you want some very stable rails

[bitpop]

Probably not. But 600 watt is MUCH cheaper than 1200 watt.

Remember 1000 watt power supplies add $200 per jupiter

anybody know how much to ship to US? Is PSU included with Saturn ($3795 price)

[amencon]

Remember 1000 watt power supplies add $200 per jupiter

anybody know how much to ship to US? Is PSU included with Saturn ($3795 price)

For me the only US ship option was UPS Next Day for ~$130.  Haven't pulled the trigger yet but it does seem somewhat promising.  Even if I never order I hope they don't pull a BFL.

[silverserpent]

Remember 1000 watt power supplies add $200 per jupiter

anybody know how much to ship to US? Is PSU included with Saturn ($3795 price)

For me the only US ship option was UPS Next Day for ~$130.  Haven't pulled the trigger yet but it does seem somewhat promising.  Even if I never order I hope they don't pull a BFL.

yeah that BFL scene really sucks! I called them in Dec, decided not to buy went with BTCFPGA instead - having paid with a CC was very reassuring. Still waiting on Avalon B2.

reasonable shpng. they do take CCs, right (thru PPal)?

[idee2013]

Got an email from sam a few minutes ago with an answer for the EU thresholds and EU VAT:

Hi
 
Yes you will have to pay the German VAT unless you have a German VAT number
 
But we will sort this out in the next few weeks with you if that’s ok as you have already paid, we have to take 25% for the first 100,000 Euros per year we are over that now so it will all be 19% from today onwards
 
We will contact you bout this unique situation at a later date if that’s ok
 
Sam

[dan99]

Hi , their TandC concerns me .. they are a few escape clause they could use for not refunding you, how would paypal react in such a case since you agreed to their T&C? Here is what I copy from another thread.

" 8.2  Where delivery is delayed due to any of the circumstances constituting force majeure in accordance with 11 below or due to any act or omission by the Purchaser, the delivery period shall be extended by such a period as is reasonable in light of the circumstances.  The delivery period shall also be extended where the cause of the delay arises after the expiry of the originally agreed delivery period.

 11. Force Majeure

11.1 KnCMiner is exempted from fulfilling its obligations under this Agreement and is entitled to cancel the Purchaser’s confirmed orders without any liability, in the event of force majeure such as strikes, floods and fires, wars, riots, interruptions in transport, shortage of material or energy sources affecting KnCMiner or its sub-suppliers, accidents or other occurrences which affects sub-suppliers’ production, bankruptcy or compulsory liquidation of a sub-supplier, accidents of any kind, governmental decisions which affects manufacturing or use of the Products and, in general, such events that were unforeseen at the time of the order which prevents or hinder manufacturing, transportation or delivery of the Products to the Purchaser.



9.2  Termination and rescission under this section shall not under any circumstances give rise to any obligation for KnCMiner to pay compensation to the Purchaser, and does not restrict KnCMiner’s possibility to claim damages or other economic compensation due to the event which justified KnCMiner to terminate the order or the Agreement. "

[idee2013]

Next mail from Sam (VAT percentage question, EU germans, private buyers).
Note: (Other EU countries have other VAT percentages)

my question:

So if i pay now  and if at delivery time you have reached the 100000€, there will be a 6% refund from you? 25%-19%

Answer from sam:

Hi

Technically that is true but we are over already so its 19% now for all unpaid orders

Sam

[KS]

...

I'm very sure they've collected over a million dollars in the past few days. I'd venture to say that they are more than "Barely" Functioning.

...

Agreed. I'd estimate that they've received several million dollars:

- over 1000 orders
- assume at least 500 are paid

Even with just single Saturn orders, this comes out to $1.9m. With Jupiter or multiple orders, it could be 2-5x that much. They've got plenty of incentive to not screw up and risk cancellations (or at least CC disputes).

B.F.L.

A few good things about KNCMiner:
KNCMiner seems to have a way better relationship with the community than BFL has.
They are partnered with an actual ASIC design firm with real talent.
They developed a prototype (based on FPGAs) without taking customer money. They are developing the ASIC chip(s) in parallel (according to KNC) without taking customer money.

I am skeptical, but I am also hopeful and optimistic.

Hopeless is more like it

There's no reasoning some ppl. They've pretty much demonstrated they're a kludge business-wise (ORSoC taking care of engineering is the better thing), made false claims (did you know that KNCMINER was really registered in mid-may?) and whatnot.

Though it does not demonstrate they will run away with your money, nor fail shipping a miner, it just shows the kind of ppl they are. Whether you want to support those kind of behaviors is up to you but it's really not helping to keep ppl honest around here, and will just help attract MORE scammers.

Everyone should take a deep breath and just wait for someone to actually ship sth before throwing money at the first passerby. But good luck seeing that happen...