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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3049457 times)
monsieur
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November 18, 2013, 10:56:10 PM
 #22261

$750? Wtf. even measly 2btcs that I have make me feel filthy rich. time to break out my icarus fpga miner.
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Bitcoinorama
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November 18, 2013, 11:02:42 PM
 #22262


Seriously?! And you think VC wouldn't want a pound of flesh? Or maybe mine for themselves? Pricing was initially based upon covering non recurring engineering costs divisible by interest obtained prior to pitching to ORSoC, which was 1,000+ people, and that's without profit, now it's competitive fair market value. You would be paying more if VC were on board. Dependent on the level of interest there may not be any public sale tendered with VC.

Furthermore if you believe in the social financial project that Bitcoin is, why would you risk a purchase with them? Pay with cash if you are bullish on coin, especially for something you have to wait a period of time for, by that logic it the coin would always assume a greater value, especially when that value is relative to scarcity, and adoption. Increased media interest alone since the ECB/Cypriot cash grab in April is enough to justify that...

Yes. VC would want a share of the company. And the price would have been the same since it's "competitive market value" as you stated. My point is that the profit margin was way too high for a product which was fully funded by the people who invested into said product without quarantees and a hilariously low liability on the companys side. A profit margin for the september orders of about 500-800$ per Jupiter would have been fair; they paid for everything, mind you. In essence KNC as every other asic manufacturer got an interest free loan in the millions and decided to wring some more profit out of the nice people who lend it to them.

Umm they were priced to clear NRE, they did not foresee the actual interest being greater at the time. Obviously now it's going nuts, but for all the companies with their sales doors open and nothing of any substance to sell anyone for the foreseeable future. They could have easily marked up their prices once Jupiter was proven for the rest of the November batch left to sell. KnC were priced competitively for the current market, but aren't ripping people off claiming they would have and will have a product that doesn't exist and couldn't exist by this time.

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
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November 18, 2013, 11:08:45 PM
 #22263

What do you do to get your upgrade modules cooled when they have no place to mount?

Moar pictures:
[/img]

Are these yours?

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
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November 18, 2013, 11:12:05 PM
Last edit: November 18, 2013, 11:25:47 PM by kronut
 #22264

I don't know whether to laugh or cry, two modules shipped to me, one left Sweden, the other says "The package was left in a UPS facility.". They forgot to put it on the plane I guess.

Edit : Now both are stuck and never left.
dimaze
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November 18, 2013, 11:24:02 PM
 #22265

I don't know whether to laugh or cry, two modules shipped to me, one left Sweden, the other says "The package was left in a UPS facility.". They forgot to put it on the plane I guess.

Same thing happened here - for both my packages!

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November 18, 2013, 11:28:24 PM
 #22266

I don't know whether to laugh or cry, two modules shipped to me, one left Sweden, the other says "The package was left in a UPS facility.". They forgot to put it on the plane I guess.

Edit : Now both are stuck and never left.

Same for me Sad

THE PACKAGE WAS LEFT IN A UPS FACILITY
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November 18, 2013, 11:30:12 PM
 #22267

Great  Angry
Quote from: UPS Tracking
EXCEPTION

19.11.2013    0:08    The package was left in a UPS facility.
I love UPS so much..

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November 18, 2013, 11:32:34 PM
 #22268

Just all be glad you didn't get your modules from the china facility...

http://www.youtube.com/watch?v=tPzRPga6uDg

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btc_uzr
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November 18, 2013, 11:41:47 PM
 #22269

http://flightaware.com/live/fleet/UPS

looks like two planes heading to USA right now...hope one wasn't supposed to fly to Cologne instead   Cheesy

..and Thou shalt spread the coin in the name of cryptography for eternity
Bogart
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November 18, 2013, 11:42:06 PM
 #22270



All 3 of my shipments show this.

I was also emailed an exception notification saying "this notice alerts you delivery of the following shipment has been rescheduled." and "Exception Reason:    THE PACKAGE WAS LEFT IN A UPS FACILITY"

"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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November 18, 2013, 11:49:22 PM
 #22271

Home from my roadtrip at last! 1600km by car in under 18hours... My boards are now hashing happily. My saturn is reborn as jupiter! Good day at the end :-)
The people at knc office really try to help as much they can, just ask them polite and smile :-) enjoy the ride!

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xyzzy099
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November 18, 2013, 11:49:42 PM
 #22272



All 3 of my shipments show this.

I was also emailed an exception notification saying "this notice alerts you delivery of the following shipment has been rescheduled." and "Exception Reason:    THE PACKAGE WAS LEFT IN A UPS FACILITY"

Same here, FWIW.

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ncs0ne
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November 18, 2013, 11:52:59 PM
 #22273

Can confirm it

Quote
Koeln, Germany    19.11.2013    0:30    Arrival Scan

1l1l11ll1l
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November 19, 2013, 12:03:27 AM
 #22274

What do you do to get your upgrade modules cooled when they have no place to mount?

Moar pictures:
[/img]

Are these yours?

Yup, it's just from my Saturn, my upgrade modules are stuck in Delivery Exception like everyone else. I figured I'd do the R&D now instead of having a bunch of modules waiting for me to figure out how to do it.

The Avenger
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November 19, 2013, 12:25:08 AM
 #22275

Sweet geesus, are we going to hit $2500 by the weekend?  Grin

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xyzzy099
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November 19, 2013, 12:32:02 AM
 #22276

Sweet geesus, are we going to hit $2500 by the weekend?  Grin

Yes.  Yes we are.

(crosses fingers) Wink

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th3joker
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November 19, 2013, 12:32:21 AM
 #22277

Sweet geesus, are we going to hit $2500 by the weekend?  Grin
Yes please ;-)
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November 19, 2013, 12:35:39 AM
 #22278

Sweet geesus, are we going to hit $2500 by the weekend?  Grin

How about $10000 by end of this year?  Roll Eyes

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November 19, 2013, 12:41:51 AM
 #22279

Maybe  Smiley Smiley Smiley
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November 19, 2013, 12:43:06 AM
 #22280

Sweet geesus, are we going to hit $2500 by the weekend?  Grin

How about $10000 by end of this year?  Roll Eyes
When people finally realize that BITCOIN is not to replace money, but rather to represent it in electronic form to be used as a quick form of payment w/out money exchanges and rates/fees, then it might be worth even more than what it is now.

ps. just crossed $800 on gox
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