Swedish ASIC miner company kncminer.com

[canth]

I just didnt think its was I needed to pay yet, maybe they just want the $115,000 or ehatever it is for the 12 Jupiter s I ordered

Just wait til they ship - don't pay now. And surely don't bother reading the emails, knc website or this thread and don't pay in advance like the rest of us suckers. You sir, are special.

[1715145900]

1715145900

[merv77]

I just didnt think its was I needed to pay yet, maybe they just want the $115,000 or ehatever it is for the 12 Jupiter s I ordered

are they still accepting pre-orders.?
if they are in fact pre-orders and they asked you for payment that should mean they are still valid.  Yes.?

I have some orders not paid but they are not pre-orders (not in the 1-500 lot) and I didn't get email to pay.

@elasticband, could you please ask KnC if your orders are still valid and if you can still transfer ownership?

All orders are preorders, and you need not get an email to pay. They started accepting preorder monies about like 3 weeks ago... someone who is thinking about such a substantial investment might think to check the site from time too time.  If you couldn't figure that one out, maybe you should think about another investment. You could have easily used a google addon site monitor. Its not too late, just pay for it. the longer you wait, the less you will make, period.

I have already bought one, but was thing of purchasing another.
If orders that 'elasticband' placed are actually valid pre-orders that are in the (1-500) queue and will be shipped in September it would be better getting it in September than October. 
One month difference in this business can amount to some extra coin, well you don't need me to tell you this.

[Phoenix1969]

lol, if you believe the "Elasticband" post, I have a nice bridge in Brooklyn I can sell ya.....   No way someone that retarded could afford 12 Jupiters.



and on news page marked   "Lottery and queue position update", bottom of paragraph 5 clearly states....  "everyone who paid successfully in the first week will have their box leave our factories in the first few days." So, Even If he was telling the truth, and paid NOW, he'd get his in October most likely, because he lost his Que position anyway. Any order now is added to the end of the que when they pay, nothing else is a factor now. Hope that helps.

[canth]

I just didnt think its was I needed to pay yet, maybe they just want the $115,000 or ehatever it is for the 12 Jupiter s I ordered

are they still accepting pre-orders.?
if they are in fact pre-orders and they asked you for payment that should mean they are still valid.  Yes.?

I have some orders not paid but they are not pre-orders (not in the 1-500 lot) and I didn't get email to pay.

@elasticband, could you please ask KnC if your orders are still valid and if you can still transfer ownership?

All orders are preorders, and you need not get an email to pay. They started accepting preorder monies about like 3 weeks ago... someone who is thinking about such a substantial investment might think to check the site from time too time.  If you couldn't figure that one out, maybe you should think about another investment. You could have easily used a google addon site monitor. Its not too late, just pay for it. the longer you wait, the less you will make, period.

I have already bought one, but was thing of purchasing another.
If orders that 'elasticband' placed are actually valid pre-orders that are in the (1-500) queue and will be shipped in September it would be better getting it in September than October. 
One month difference in this business can amount to some extra coin, well you don't need me to tell you this.

Quite honestly, it's been long enough since the 7 day window expired. I think the world of KnC in most respects, but I think that it's bullshit that the preorders would still be considered to be valid for people attempting to pay now.

[bystander]

lol, if you believe the "Elasticband" post, I have a nice bridge in Brooklyn I can sell ya.....   No way someone that retarded could afford 12 Jupiters.

At first didn't notice who posted and thought whoever it was might have been kidding.  However, elasticband's been buying up hardware consistently, so it wouldn't be a surprise if it were true.  If anything, that's a lot of confidence in KnC.

[Phoenix1969]

canth... Where you get that idea ?  Its just wrong. Thats over.


"Unpaid orders

 
There has been some confusion about our ordering process. While we may admit that the pre-order registration, 7 day payment window, and even the wording on our site have added to the confusion.
 
We would like to make it clear that orders which are not paid will not be given a place in the shipping queue until they are successfully paid for.
All orders are kept in your account history and we have not removed any active (New) orders. We will shortly begin removing any unpaid orders from our system if they remain unpaid for more than 7 days.
 
So for those of you that have been confused by the order/queue/payment process. You will have a few more days to pay for your orders before they are removed. If you have any concerns on this please email us at info@kncminer.com"

[johnyj]

A storm is coming: Later this year, when new ASIC chips from BFL, bitfury, btcgarden, AMC, Avalon II, ASIC miner II all enter the network, difficulty will jump even quicker. Since most of the smart investment money went into ASIC devices, there are less bitcoin buying support, the bitcoin price will keep going down, and eventually most of the ASICS will be mining at a loss

[canth]

canth... Where you get that idea ?  Its just wrong. Thats over.

Well, I agree - the pre-orders certainly should be over. We don't have queue information yet and with odd posts like the one from Elasticband, I wonder if they're still letting people pay for pre-orders.

[Bicknellski]

141 PAGES of posts...

Any information on the chip hash rate?

[canth]

A storm is coming: Later this year, when new ASIC chips from BFL, bitfury, btcgarden, AMC, Avalon II, ASIC miner II all enter the network, difficulty will jump even quicker. Since most of the smart investment money went into ASIC devices, there are less bitcoin buying support, the bitcoin price will keep going down, and eventually most of the ASICS will be mining at a loss

1) It's unlikely that all those ventures are successful.
2) The ones that get their equipment out the door first will make the most gains, either from mining or selling hardware or both.
3) Those that continue to mine even when the returns are less profitable or not profitable may still profit in the end since some miners will turn off their equipment and I think that most miners involved in BTC have a (reasonable) expectation that BTC/fiat will continue to rise.

[canth]

141 posts...

Any information on the chip hash rate?

100Gh/s per chip. https://www.kncminer.com/news/news-22

[Phoenix1969]

141 posts...

Any information on the chip hash rate?

100Gh/s per chip. https://www.kncminer.com/news/news-22

Amen...141 posts, and lost., lol

[eve]

141 posts...

Any information on the chip hash rate?

100Gh/s per chip. https://www.kncminer.com/news/news-22

Amen...141 posts, and lost., lol

got lost in wonderland. thought he highly promoted himself?

[johnyj]

A storm is coming: Later this year, when new ASIC chips from BFL, bitfury, btcgarden, AMC, Avalon II, ASIC miner II all enter the network, difficulty will jump even quicker. Since most of the smart investment money went into ASIC devices, there are less bitcoin buying support, the bitcoin price will keep going down, and eventually most of the ASICS will be mining at a loss

1) It's unlikely that all those ventures are successful.
2) The ones that get their equipment out the door first will make the most gains, either from mining or selling hardware or both.
3) Those that continue to mine even when the returns are less profitable or not profitable may still profit in the end since some miners will turn off their equipment and I think that most miners involved in BTC have a (reasonable) expectation that BTC/fiat will continue to rise.

Next step is investing in power plant, if there is a guaranteed cheap electricity then the projection will be more positive for a mining operation investment

[dan99]

the ones who already have their mining machines, will discourage those from buying the asic miner, they will talk about difficulty and bitcoin prices. 

[Anenome5]

With a solid selection of dedicated scrypt miners, Litecoin could grow so much stronger than it is today...

This is very ironic, as litecoin was supposed to be strong precisely because there weren't and will not be for a while scrypt dedicated miners.

Only a matter of time until Litecoin ASICs come out. Just need way more memory, which will likely be on-chip, so the relative performance goes way down compared to SHA-256 (mega-hashes rather than gigahashes), but otherwise nothing to stop it from happening.

[Phinnaeus Gage]

A storm is coming: Later this year, when new ASIC chips from BFL, bitfury, btcgarden, AMC, Avalon II, ASIC miner II all enter the network, difficulty will jump even quicker. Since most of the smart investment money went into ASIC devices, there are less bitcoin buying support, the bitcoin price will keep going down, and eventually most of the ASICS will be mining at a loss

1) It's unlikely that all those ventures are successful.
2) The ones that get their equipment out the door first will make the most gains, either from mining or selling hardware or both.
3) Those that continue to mine even when the returns are less profitable or not profitable may still profit in the end since some miners will turn off their equipment and I think that most miners involved in BTC have a (reasonable) expectation that BTC/fiat will continue to rise.

Next step is investing in power plant, if there is a guaranteed cheap electricity then the projection will be more positive for a mining operation investment

http://www.ambri.com/

[Bicknellski]

A storm is coming: Later this year, when new ASIC chips from BFL, bitfury, btcgarden, AMC, Avalon II, ASIC miner II all enter the network, difficulty will jump even quicker. Since most of the smart investment money went into ASIC devices, there are less bitcoin buying support, the bitcoin price will keep going down, and eventually most of the ASICS will be mining at a loss

1) It's unlikely that all those ventures are successful.
2) The ones that get their equipment out the door first will make the most gains, either from mining or selling hardware or both.
3) Those that continue to mine even when the returns are less profitable or not profitable may still profit in the end since some miners will turn off their equipment and I think that most miners involved in BTC have a (reasonable) expectation that BTC/fiat will continue to rise.

Next step is investing in power plant, if there is a guaranteed cheap electricity then the projection will be more positive for a mining operation investment

And... COOLING for the overclocking!

[polarhei]

A storm is coming: Later this year, when new ASIC chips from BFL, bitfury, btcgarden, AMC, Avalon II, ASIC miner II all enter the network, difficulty will jump even quicker. Since most of the smart investment money went into ASIC devices, there are less bitcoin buying support, the bitcoin price will keep going down, and eventually most of the ASICS will be mining at a loss

1) It's unlikely that all those ventures are successful.
2) The ones that get their equipment out the door first will make the most gains, either from mining or selling hardware or both.
3) Those that continue to mine even when the returns are less profitable or not profitable may still profit in the end since some miners will turn off their equipment and I think that most miners involved in BTC have a (reasonable) expectation that BTC/fiat will continue to rise.

Next step is investing in power plant, if there is a guaranteed cheap electricity then the projection will be more positive for a mining operation investment

I think some people have been doing this, especially in the States, by using Solar farm self made for it.

[polarhei]

A storm is coming: Later this year, when new ASIC chips from BFL, bitfury, btcgarden, AMC, Avalon II, ASIC miner II all enter the network, difficulty will jump even quicker. Since most of the smart investment money went into ASIC devices, there are less bitcoin buying support, the bitcoin price will keep going down, and eventually most of the ASICS will be mining at a loss

1) It's unlikely that all those ventures are successful.
2) The ones that get their equipment out the door first will make the most gains, either from mining or selling hardware or both.
3) Those that continue to mine even when the returns are less profitable or not profitable may still profit in the end since some miners will turn off their equipment and I think that most miners involved in BTC have a (reasonable) expectation that BTC/fiat will continue to rise.

Next step is investing in power plant, if there is a guaranteed cheap electricity then the projection will be more positive for a mining operation investment

http://www.ambri.com/

I think the grid is getting too old. There are companies only use little or completely omit these in their core.