Swedish ASIC miner company kncminer.com

[KS]

Just how realistic is that seeing it's nearly september already?

If they ship last day of September then you will have it October and they will still be compliant on their promise.
Maybe Bitcoinorama then will use his precious CC for refund...but wait! Hmmmm...

I see no red flag

[KS]

Just how realistic is that seeing it's nearly september already?

I haven't canceled my order. Not sure how many of these have, but from forum comments it seems like few have asked for refunds.

https://bitcointalk.org/index.php?topic=249065.0

At this point, I'm going to stick with them through the end of Sept.

Now is probably not a good time for changing your mind, unless you want to invest in securities (which are probably even more risky).

IF KNCMINER delivers on time, even later in September, you WANT to be first in line, as the profits are at the beginning of the queue, not at the end, and, given the low price of the miners, that's when you'll make the best part of your ROI.

They're still a pretty big gamble, but the others are simply not shipping ATM. So it's like 50/50 vs 100% fail, unless you wait it out entirely.

[Prelude]

Considering October delivery, is it still worth it for me to place an order today for a Jupiter or Saturn? Will I at the very least see ROI?

[Anenome5]

Just got my full Jupiter refund.  Took about a week or so?

I was so late in the game (October delivery) that I doubt my pullout will have any effect on the rest of your orders.  I'll keep my eyes on the difficulty over the next several weeks as October approaches and will consider re-investing in the future.  For now my August BitFury will suffice.

Did you pay bitcoin, cash, credit? If paid in bitcoin, did you receive a refund in bitcoin or cash? Did you get back as much bitcoin as you paid in despite exchange changes?

[CYPER]

News!

https://www.kncminer.com/news/news-30

THAT IS BRAND NEW INFORMATION

[Bitcoinorama]

NEWS!

www.kncminer.com/news/news-30

fun fun!

you're quite late

see

https://bitcointalk.org/index.php?topic=170332.msg2979989#msg2979989

I hope they are NOT LATE for Chip Delivery. Now No News on Chips Progress. Why talk about the PCB when without the Asic Chips
nothing will work. Bitfury delay delivery to October.

By now end of August 2013 still No News on Chip Progress. Why? Critical is the Chip not the pcb board.

[zedicus]

Considering October delivery, is it still worth it for me to place an order today for a Jupiter or Saturn? Will I at the very least see ROI?

Well if you got a Jupiter Oct 1 and you started mining right away ..(Roi 57 days)

http://mining.thegenesisblock.com/a/b90f2d07ff



If you got it NOV 1 then you wont see ROI

http://mining.thegenesisblock.com/a/8ab0181416


That's at the current bitstamp btc price approximately $112 not the goxed btc price. Of course its also guesstimating the difficulty climb.

Maybe someone else can chime in .. im a bit biased as i dont think its a good time to by a miner. I was once critical of KNC but not so much now.

They actually look good and as long as they can stick to the deadlines without hiccups they will have a good run at the asic space.

[dhenson]

Just got my full Jupiter refund.  Took about a week or so?

I was so late in the game (October delivery) that I doubt my pullout will have any effect on the rest of your orders.  I'll keep my eyes on the difficulty over the next several weeks as October approaches and will consider re-investing in the future.  For now my August BitFury will suffice.

Did you pay bitcoin, cash, credit? If paid in bitcoin, did you receive a refund in bitcoin or cash? Did you get back as much bitcoin as you paid in despite exchange changes?

They will only refund via bank transfer.  Bitcoin refunds are not an option.

[jspielberg]

That PCB looks nice and clean.

I don't have a KnC order, but it looks like a quality product.  Getting excited for you lucky guys with Sept/October deliveries.

[hasher87]

NEWS!

www.kncminer.com/news/news-30

fun fun!

you're quite late

see

https://bitcointalk.org/index.php?topic=170332.msg2979989#msg2979989

I hope they are NOT LATE for Chip Delivery. Now No News on Chips Progress. Why talk about the PCB when without the Asic Chips
nothing will work. Bitfury delay delivery to October.

By now end of August 2013 still No News on Chip Progress. Why? Critical is the Chip not the pcb board.

well they sure know how to tease us with every little update
14/8 = Case picture
21/8 = PCB
28/8 = ? (possibly chip)
1/9 = Here's your fully assembled miner at our hosting site, have fun mining with it

[dracore]

Just got my full Jupiter refund.  Took about a week or so?

I was so late in the game (October delivery) that I doubt my pullout will have any effect on the rest of your orders.  I'll keep my eyes on the difficulty over the next several weeks as October approaches and will consider re-investing in the future.  For now my August BitFury will suffice.

Did you pay bitcoin, cash, credit? If paid in bitcoin, did you receive a refund in bitcoin or cash? Did you get back as much bitcoin as you paid in despite exchange changes?

I paid with PayPal so no exchange needed.

[Anenome5]

They will only refund via bank transfer.  Bitcoin refunds are not an option.

Price of BTC goes up enough and you might lose more by cancelling an order than by following through with it. Plus tax consequences, as that might constitute 'sale' of bitcoin, thus taxes on gains. Luckily we're still in the black on profit.

[trinsic]

They will only refund via bank transfer.  Bitcoin refunds are not an option.

Or Paypal (Credit card) since I got my refund today. Haven't lost faith in KNC just I have one too many ASIC orders and don't think I should put too many eggs in the Bitcoin basket.

[ultrix]

http://www.lineagepower.com/oem/pdf/MDT040A0X.pdf

Max efficiency at 0.6V out w/ 12V input - 84%
Max efficiency at 1.2V out w/ 12V input - 90%
Max efficiency at 1.8V out w/ 12V input - 92%

And the whopper, 1.5ms typical rise in output current from 10% to 90%.  Not very responsive for such a small converter, esp for switching at 400khz.

[joae1975]

They will only refund via bank transfer.  Bitcoin refunds are not an option.

Or Paypal (Credit card) since I got my refund today. Haven't lost faith in KNC just I have one too many ASIC orders and don't think I should put too many eggs in the Bitcoin basket.

Ha!  Join the club!  Oh wait, you're already in the club.

I have a feeling these knc miners will be more than 200/400 gh, they could be 300/600.  Thoughts?

[dhenson]

They will only refund via bank transfer.  Bitcoin refunds are not an option.

Or Paypal (Credit card) since I got my refund today. Haven't lost faith in KNC just I have one too many ASIC orders and don't think I should put too many eggs in the Bitcoin basket.

Ha!  Join the club!  Oh wait, you're already in the club.

I have a feeling these knc miners will be more than 200/400 gh, they could be 300/600.  Thoughts?

I'd be happy with 175/350 if they shipped Sept. 1

[Phinnaeus Gage]

NEWS!

www.kncminer.com/news/news-30

fun fun!

you're quite late

see

https://bitcointalk.org/index.php?topic=170332.msg2979989#msg2979989

I hope they are NOT LATE for Chip Delivery. Now No News on Chips Progress. Why talk about the PCB when without the Asic Chips
nothing will work. Bitfury delay delivery to October.

By now end of August 2013 still No News on Chip Progress. Why? Critical is the Chip not the pcb board.

Ironically, I received that same image via PM yesterday from another user.

But that's not why I came here to post. As you all know, I've been busy sticking it up BFL's ass. To date, I've had no reason to check what's happening in Camp KnC. I do have one request though: If at any time KnC refuses to honor refunds, would somebody be so kind as to PM me and let me know?

Later, all.

Bruno Kucinskas

[plasmoske]

600 would be unreal. I mean from 100gh to 150gh per chip? That's a big jump.

I'm thinking maybe only 100-115gh so the end result for a Jupiter could be 400-450gh.

But it's all speculation. However KNC did mention the Jup has potential to be more than 400 and "way less than 1000w".

I think 400gh is just a "best guess" from past yields.

[plasmoske]

If at any time KnC refuses to honor refunds, would somebody be so kind as to PM me and let me know?

So far haven't seen anyone denied their refund yet.

[klee]

NEWS!

www.kncminer.com/news/news-30

fun fun!

you're quite late

see

https://bitcointalk.org/index.php?topic=170332.msg2979989#msg2979989

I hope they are NOT LATE for Chip Delivery. Now No News on Chips Progress. Why talk about the PCB when without the Asic Chips
nothing will work. Bitfury delay delivery to October.

By now end of August 2013 still No News on Chip Progress. Why? Critical is the Chip not the pcb board.

Ironically, I received that same image via PM yesterday from another user.

But that's not why I came here to post. As you all know, I've been busy sticking it up BFL's ass. To date, I've had no reason to check what's happening in Camp KnC. I do have one request though: If at any time KnC refuses to honor refunds, would somebody be so kind as to PM me and let me know?

Later, all.

Bruno Kucinskas

The guys are 200% professional, only if things really get ugly they may have issues with refunds. I do not think this will happen though. Maybe only some upset stomachs if they are missing their September deadline by 1-2 weeks. Worst but most possible scenario IMHO..