Swedish ASIC miner company kncminer.com

[dhenson]

Wondering when you would get a product if you ordered now?

October, as per their website https://www.kncminer.com/

[1715093343]

1715093343

[1715093343]

1715093343

[erk]

Not actually pointless, my question was simple although I did interject some extra speculation.  Wondering when you would get a product if you ordered now? Only info i see for new orders is that shipping starts in sept like you pointed out. Do they have enough chips in the first order of chips from the foundry to cover any new orders, and if so up to how many units does it cover past the initial?

The number of units their chips cover is KNCminer business, and probably confidential.

If you look at their site. you would find:



This has already been mentioned today.

[minternj]

Where is that buried under and when did they post that? So if someone bought 100000 jupiters 1 week ago and i buy 1 today I still get it in october? 1+1 not adding up to 2 for me.

[erk]

Where is that buried under? So if someone bought 100000 jupiters 1 week ago and i buy 1 today I still get it in october? 1+1 not adding up to 2 for me.

They would remove the notice if it were no longer relevant don't you think? You couldn't place and order for 100,000 jupiters as their shopping cart would tell you there was only 1,931 left in stock and "Order contains unavalible products count"

[minternj]

I see that now, thanks for the info. Some things still not making sense to me but weighing my options for expanding my farm.

[dwdoc]

I guess but would be nice to have an idea of their initial capactiy, which is why i was asking if anyone knew what it was.  I'd think they wouldnt be placing more chip orders until they at least get one batch in. So shipping starts in sept for batch 1 ?? 2014 for batch 2? who knows.

When you place a pre-order for a product that has never shipped before, you take your chances! If KNCminer are smart they would have ordered enough chips to keep some stock, I am sure that's what BFL tried to do, but it all fell apart when they discovered they would need twice as many chips per unit to meet the performance they promised!

Because it take a couple of months for a chip order to be manufactured, you would want to order at least two months more chip stock as you had orders in hand for, but the gamble is always will the chips perform as simulated, and is the order rate consistent hence predictable?

When the chips come arrive in September, and KNCminer test their prototypes, we shall know more, until then everything is just speculation, and probably a little pointless.

If the first chips don't arrive until September that will be too late to test, assemble and ship on time.

[Vycid]

I guess but would be nice to have an idea of their initial capactiy, which is why i was asking if anyone knew what it was.  I'd think they wouldnt be placing more chip orders until they at least get one batch in. So shipping starts in sept for batch 1 ?? 2014 for batch 2? who knows.

When you place a pre-order for a product that has never shipped before, you take your chances! If KNCminer are smart they would have ordered enough chips to keep some stock, I am sure that's what BFL tried to do, but it all fell apart when they discovered they would need twice as many chips per unit to meet the performance they promised!

Because it take a couple of months for a chip order to be manufactured, you would want to order at least two months more chip stock as you had orders in hand for, but the gamble is always will the chips perform as simulated, and is the order rate consistent hence predictable?

When the chips come arrive in September, and KNCminer test their prototypes, we shall know more, until then everything is just speculation, and probably a little pointless.

If the first chips don't arrive until September that will be too late to test, assemble and ship on time.

Sample chips could certainly arrive earlier.

[Nemo1024]

Watching the thread...
Saturn looks enticing. I might just place an order, hoping for PayPal protection if things go pear-shaped.
I was one of those last people, who managed to get a refund from BFL 

[Phoenix1969]

another note on hosting... save shipping costs, electrical costs, AND the power supply cost??? I'm assuming they provide the atx if they host....  not to mention getting the unit hashing a few days early, ....I'm sold.

[Nemo1024]

Where is the fun in mining, if you don't have the miner humming along beside you?
Besides, there is the whole question of centralisation and giving up of control over your unit, that was brought up multiple times before.

[Madazam]

Watching the thread...
Saturn looks enticing. I might just place an order, hoping for PayPal protection if things go pear-shaped.
I was one of those last people, who managed to get a refund from BFL 

Does paypal get you refund after 45 days ?...i paid from paypal based on this premise but dont know now if i will get my money back if KNC goes BFL.....

[titomane]

Back to the topic of KNC. Did they ever say how many chips they have on order? Wondering how they are still selling miners on their website saying shipping in september.

Possibly they ordered a chip surplus with the intention of selling loose chips a la Avalon/BFL if they couldn't make up the difference with miners.

They will not sell chips.I would ask at the visit and refused future sale of chips. They only sell devices.

[Nemo1024]

Watching the thread...
Saturn looks enticing. I might just place an order, hoping for PayPal protection if things go pear-shaped.
I was one of those last people, who managed to get a refund from BFL  

Does paypal get you refund after 45 days ?...i paid from paypal based on this premise but dont know now if i will get my money back if KNC goes BFL.....

https://cms.paypal.com/cgi-bin/us/?cmd=_render-content&content_ID=security/buyer_protection

From their step-by-step guide:

Step 1 - Open dispute right away

You can open a disputeA buyer asks for a seller's help in resolving an issue with a transaction. in the Resolution CenterLocated in My Account, the PayPal resource for resolving issues between buyers and sellers. to contact a seller directly and resolveA buyer and seller come to an agreement and close the case, or PayPal comes to a decision and closes the case. a problematic transaction. You have 45 days from the payment date to open a dispute. Common reasons for opening a dispute include:

    You paid for an item but haven't received it and the seller is uncooperative or nonresponsive.
    You received an item that was significantly different than described.

Click the Report a Problem button in the Resolution Center to open a dispute. Then, provide more information about the issue and post a message to the seller.

Transactions older than 45 days cannot be disputed but should still be reported. PayPal tracks seller performance trends in the event we need to take action to protect other buyers.

I think I'll be waiting until mid-/end-of august before ordering...

[cypherdoc]

IIRC, didn't KNC say we can get refunds up until the time of delivery?  like October for me.

is there a link to that policy?

[Xian01]

Wondering when you would get a product if you ordered now?

October, as per their website https://www.kncminer.com/
https://www.kncminer.com/pictures/carousel/5390.png

 I so want to believe, but I hope you can understand my skepticism.

[TheSwede75]

Where is that buried under and when did they post that? So if someone bought 100000 jupiters 1 week ago and i buy 1 today I still get it in october? 1+1 not adding up to 2 for me.

Your power of deductions are absolutely stunning. We should start a group buy for 100.000 Jupiters. What would that be in USD $800 million, lets do it..

*sigh*

[polarhei]

I guess but would be nice to have an idea of their initial capactiy, which is why i was asking if anyone knew what it was.  I'd think they wouldnt be placing more chip orders until they at least get one batch in. So shipping starts in sept for batch 1 ?? 2014 for batch 2? who knows.

When you place a pre-order for a product that has never shipped before, you take your chances! If KNCminer are smart they would have ordered enough chips to keep some stock, I am sure that's what BFL tried to do, but it all fell apart when they discovered they would need twice as many chips per unit to meet the performance they promised!

Because it take a couple of months for a chip order to be manufactured, you would want to order at least two months more chip stock as you had orders in hand for, but the gamble is always will the chips perform as simulated, and is the order rate consistent hence predictable?

When the chips come arrive in September, and KNCminer test their prototypes, we shall know more, until then everything is just speculation, and probably a little pointless.

We never know if Sam can provide at least one chip in real as the company only provides 100G module.
Currently The hosting service is too nasty for some people as some of people only have enough money at the start and don't want too much trouble which likes Avalon case before.

[mvidetto]

I'm just wondering how knc is still awaiting chips from production, yet bitfury has the chips and will take another month to ship...

[dwdoc]

I'm just wondering how knc is still awaiting chips from production, yet bitfury has the chips and will take another month to ship...

Beat you to it.

https://bitcointalk.org/index.php?topic=170332.msg2710245#msg2710245

[klee]

Meanwhile:
https://forum.litecoin.net/index.php/topic,5068.0.html