Swedish ASIC miner company kncminer.com

[The Avenger]

From kncminer.cn and google translator ( http://kncminer.cn/lucky-draw/ ):

Never want (Lucky draw)
Back to home never want (Lucky draw)

Never want! Won by KnC Minerals mined value of up to 4999 yuan in BTC!

[include the banner on this page]

Now shipped to China to be won by the first stage KnC Mercury mining machine (http://kncminer.cn/mercury/) mined 4,999 yuan worth of BTC! Award by one person exclusively. Announced moments, in October!

How to participate in the drawing?

Join BTCChina.com transactions instantly, regardless to buy or sell, the transaction for every $ 10, you can obtain a lucky draw.

We will be October 16, 2013 in Shanghai, announced the final winners. KnCMiner.cn responsible for hosting the machine and the prize BTC directly into your wallet!

p
I wonder how this ties in with there promise not to flood the market and "protect" their customers? Looks like they are planning to kick start sales in China as soon as they are done shipping the Euro pre-orders.

Thanks for the money Europeans - we're off to China to rake it in with the technology we create from your investment! Enjoy the diminishing returns!

[anykeywhy]

We have september now, almost end of summer and no chips ready yet.

WTF is wrong with you? Take less drugs or stop writing. Its september first!! Welcome to my ignore list!

  lulz

sorry... I can't stop laughing my entire ass off...!!!

[bbxx]

4btc for 12ghs
Nobody wants them.

I can afford jupiter, but it was too risky for me to buy one and pray for roi.
I prefer investing in shares, jd investments, other asic hardware.

You could afford a Jupiter, yet you bought shares of a 5xxx order?
Wow, I guess some folks are just used to sharing their Big Mac.

i have bought shares in 5x order, below one hundred

but ok, i sold them today.
i am happy

[Phoenix1969]

4999 yuan... that's 816 usd. They made it sound like a fortune. That China site is odd.
They are getting Mercury in a contest?

[gateway]

We have reached September! Knc time for some news about chips!

[Templer]

They are getting Mercury in a contest?

it seems...

[Phoenix1969]

We have reached September! Knc time for some news about chips!

Word has it, they are the tastiest chips around, cooked by top Swedish chef's!

[gateway]

We have reached September! Knc time for some news about chips!

Word has it, they are the tastiest chips around, cooked by top Swedish chef's!

Is that the chef from the muppets

[Bitcoinorama]

From kncminer.cn and google translator ( http://kncminer.cn/lucky-draw/ ):

Never want (Lucky draw)
Back to home never want (Lucky draw)

Never want! Won by KnC Minerals mined value of up to 4999 yuan in BTC!

[include the banner on this page]

Now shipped to China to be won by the first stage KnC Mercury mining machine (http://kncminer.cn/mercury/) mined 4,999 yuan worth of BTC! Award by one person exclusively. Announced moments, in October!

How to participate in the drawing?

Join BTCChina.com transactions instantly, regardless to buy or sell, the transaction for every $ 10, you can obtain a lucky draw.

We will be October 16, 2013 in Shanghai, announced the final winners. KnCMiner.cn responsible for hosting the machine and the prize BTC directly into your wallet!

p
I wonder how this ties in with there promise not to flood the market and "protect" their customers? Looks like they are planning to kick start sales in China as soon as they are done shipping the Euro pre-orders.

Thanks for the money Europeans - we're off to China to rake it in with the technology we create from your investment! Enjoy the diminishing returns!

I thin you are reading that wrong, or it has something to do with the translation. that is not KnCminer.com running the competition, Kncminer.cn is a Chinese distributor.

[Templer]

I thin you are reading that wrong, or it has something to do with the translation. that is not KnCminer.com running the competition, Kncminer.cn is a Chinese distributor.

source?

[Bitcoinorama]

I thin you are reading that wrong, or it has something to do with the translation. that is not KnCminer.com running the competition, Kncminer.cn is a Chinese distributor.

source?

KnC themselves, they have let a Chinese distributor handle their Chinese sales. Plus you can see all the contact details are completely different.

[Miner538]

4btc for 12ghs
Nobody wants them.

I can afford jupiter, but it was too risky for me to buy one and pray for roi.
I prefer investing in shares, jd investments, other asic hardware.

You could afford a Jupiter, yet you bought shares of a 5xxx order?
Wow, I guess some folks are just used to sharing their Big Mac.

i have bought shares in 5x order, below one hundred

but ok, i sold them today.
i am happy

And knc was on time, shares paid good dividends and you got nailed in the ass.
Thats my perspective anyhow

[Templer]

Plus you can see all the contact details are completely different.

I dont think that Chinese people will travel/phone to sweden and sam doesnt speak chinese 

[rolling]

Adjust that to 450 from 400 and things change radically (and the way KnC are talking we could be seeing closer to 500). That's looking like it may be the real picture. I'd say although you may need the money you'd be wise to think hard about jumping ship when exchange rates and hash rate of the rigs could rise and the projected difficulty shown on that calculator are so pessimistic long term (see many wise posts about the unlikelyhood of it rising so much ).

We're always exposed to difficulty risks, it's a risky game to play. Even buying BTC could wipe you out. That's why the rewards can be so good.

KNC wrote: "greater than 30% performance increase " that is more than 520 for a jupiter.

It's strange to me that this  announcement was almost completely ignored here!

Performance of CGMiner doesn't necessarily translate into more GH/s.  It could be related to how hard the internal Linux controller has to work running CGMiner.  This doesn't necessarily mean that it results in more GH/s from the system.  Also, if it does, this may have been why it went up to 400 GH/s in the first place.

I call BULLSHIT on that; Pure & simple. If that's what you think they meant, you may want to see a doctor. "Justanick is correct in his thinking"

I have posted on this thread only a couple of times and each time, you jump all over me for no reason at all.  If they meant the performance was going to increase to 520, don't you think they would have said that?  While that may yet happen, that wasn't the announcement.  

[mwarrior]

untill now knc
have delay
because no real photo of chips
and only a word that he will sent at end of will be ready

knc will be out of time for sure

Man what the hell are you going to do with yourself in a year or so from now when no matter what freaking miner you have, have invested in, had wet dreams about, doesn't make a shit bit of difference? I just can't imagine what you will find to do with your spare time. Eventually I will take my Jupiter out into a field and introduce it to several .556 rounds from my LE6920.  It will be fabulous.  Will you come watch?  Make a video?  Perhaps start some kind of wonderful conspiracy theory?  You need to get yourself a piece of ass bad man.  I think it will change your entire outlook.   400 + pages of speculation and 398 of them are filled with this crap.  Tell the voices in your head to take a Valium.  Do you really think after the BFL fiasco the company that has a chance to say they did it, did it right, and did it on time are going to just piss everything away? You need to stop sniffing glue or whatever bro.  Bad.   

[GreenDefender]

untill now knc
have delay
because no real photo of chips
and only a word that he will sent at end of will be ready

knc will be out of time for sure

Man what the hell are you going to do with yourself in a year or so from now when no matter what freaking miner you have, have invested in, had wet dreams about, doesn't make a shit bit of difference? I just can't imagine what you will find to do with your spare time. Eventually I will take my Jupiter out into a field and introduce it to several .556 rounds from my LE6920.  It will be fabulous.  Will you come watch?  Make a video?  Perhaps start some kind of wonderful conspiracy theory?  You need to get yourself a piece of ass bad man.  I think it will change your entire outlook.   400 + pages of speculation and 398 of them are filled with this crap.  Tell the voices in your head to take a Valium.  Do you really think after the BFL fiasco the company that has a chance to say they did it, did it right, and did it on time are going to just piss everything away? You need to stop sniffing glue or whatever bro.  Bad.   

+1

[The Avenger]

Have KNC revealed how their miners connect to the internet yet? I think someone suggested it would be an ethernet connection, not wifi?

If it were an ethernet connection, how could you set up a backup?

Say you have a wifi router. And you want to set up a usb dongle as backup in case the router goes down. Is that possible to set this up via an ethernet cable?

[jelin1984]

+1

[Anenome5]

untill now knc
have delay
because no real photo of chips
and only a word that he will sent at end of will be ready

knc will be out of time for sure

Put your money where your mouth is:

http://bitbet.us/bet/472/kncminer-will-deliver-asic-devices-before-october-1st/

[Anenome5]

They've already added a clause saying that they will continue to sell through Dec, Jan etc if other companies add lots of to the hash power to the network (which is what is happening).

You are misinterpreting that section. They meant they'll lower price of Nov hardware to match increased difficulty, not that they'll keep shipping after Nov.