Swedish ASIC miner company kncminer.com

[Bitcoinorama]

ordered 20 Neptunes...
Go big or go home motherfucker.....

You have to explain us how you did it because there is currently a 10 units limit per customer, at least for me (I tried too).

2 accounts

You can, and the way you do it is pay for one order and then repeat the process, but please use my reseller link, I'm gobsmacked no one ever does...

[1715031501]

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[1715031501]

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[1715031501]

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[Sitarow]

ordered 20 Neptunes...
Go big or go home motherfucker.....

You have to explain us how you did it because there is currently a 10 units limit per customer, at least for me (I tried too).

2 accounts

You can, and the way you do it is pay for one order and then repeat the process, but please use my reseller link, I'm gobsmacked no one ever does...

indeed re-seller links work great

[the-skeptic]

Knc listened! I dropped 12 btc on a machine so now I can actually spend some btc on toys and xmas presents. Hell, I could even pay my mortgage with my mining profits now! I bet we get our Neptunes before hashfast, cointerror or butt-f labs delivers a 28nm product.

[Xian01]

Really unhappy about this not being open to new customers. What a clusterfuck

[sickpig]

anyone paid with bank transfer before? this will be my first time doing so....seems complex. do i have to call them to see if they got the funds etc?

I bought my jup with this method and as long as you follow knc instructions everything will be ok.

if you've already placed the order you'll find the instructions at the bottom "PROFORMA INVOICE" you should have received via email.

Do you know how long the order will go unpaid before it is auto-canceled?

This is what Liam (KnC customer service) sent me:

Payments must be received as soon as possible as we only have a set amount of orders allocated.
Also, we ship on date of payment receipt as per previous batches.

plus there seems a window of two weeks to place an order (from news 66):

These items will be on sale for two weeks at this price or until it has sold out.

fell free to email them to customerservice@kncminer.com if you have any requests

[Sitarow]

Really unhappy about this not being open to new customers. What a clusterfuck

Two weeks it will be.

[Xian01]

Really unhappy about this not being open to new customers. What a clusterfuck

Two weeks it will be.

 I mean, I don't want to sound rude, but "two weeks" ? Seriously ?!

 And the only way to presently order this is to deal with resellers who I trust even less than KNC ?

[Bitcoinorama]

Man I was really hoping for more concrete info about gen2 before they opened the order-book and while I have a lot of faith in KNC, my spidey senses are starting to tingle a bit. They've turned this into a big gamble once again.

I'm very surprised that they are taking pre-orders with a "Q1/Q2" ship date. Might was well say "first half of 2014" which is a HUGE 6 month variance making it close to impossible to estimate BTC yield. I personally believe that they didn't initially plan to start taking orders this early with so little gen2 info but were tempted by the record exchange rate knowing it would allow them to sell more at a higher price. This article, published a little over 10 hours ago, says "Cole is taking the same approach with the new box, saying that its 2TH performance is a minimum figure" yet their announcement shortly after says 3TH so I'm not feeling like they do not have a concrete plan for gen2 yet.

Next they are no longer accepting PayPal leaving only non-reversible payments which is slightly suspicious. What happens if BTC price crashes early next year and everybody starts asking for refund after they've spent a lot of funds on RND? Not going to happen...

I just sold $13k worth of Avalons and am SOOOOO tempted to order a Neptune but there's such a huge variance in the estimated BTC yield I can't really accurately compare to investing directly in BTC. While I'm happy with my Jupiter, my difficulty prediction was way off and I would have been better off investing directly in BTC and do not want to make that same mistake again. Decisions decisions...

/$0.02

I can not and will not influence your decision, just that of course we want to underpromise and overdeliver, hence the statement in coinbase, and the fact this is 20nm we will allow for some ambiguity in timeline. This time round Sam has appeared to be generous enough to allow for the option of sleeping (except Marcus! he doesn't sleep, permanently hooked up to a caffeine intravenous drip). People have been burnt out, this is incredibly demanding, it's incredibly entertaining engineering working on the absolute edge, but one of the margins that has to be in place here is R&R so mentally everyone stays sharp. There were a number of issues that arose where upon "only if there was a little more time we could...", therefore the self imposed deadline will have a degree of flexibility, so people stay sane, and closer to the time it can be narrowed down and become more specific. That's just fair on us, no one can deny that.

Also sorry buddy but if the coin price crashes next year is not a justifiable excuse for a company to stomach that cost. That's your risk to take buddy. So the decision is yours...

[allinvain]

I may have an early pre-order to sell. This all depends on whether KNC will release info or specs about power consumption or whether hosting will be made available.

[Sitarow]

I may have an early pre-order to sell. This all depends on whether KNC will release info or specs about power consumption or whether hosting will be made available.

At this time 30% less per GH/s from the old system 550Gh/s at 650Watts would make the 3TH unit close to 2500watts or 0.82watt per GH/s

If my math is incorrect please feel free to chime in

[Bitcoinorama]

I may have an early pre-order to sell. This all depends on whether KNC will release info or specs about power consumption or whether hosting will be made available.

At this time 30% less per GH/s from the old system 550Gh/s at 650Watts would make the 3TH unit close to 2500watts

Real engineers work with figures they know are applicable and will not promise anything unless they have a statistically significant reason to state otherwise.

[timmmers]

Really unhappy about this not being open to new customers. What a clusterfuck

Could be worse, you could be an early customer that can't buy one because they sell out before you get the chance....because greedy people ordered 10 plus intending to play the game of selling pre-orders or getting refunds.

Of course the reverse would have applied had they been open for all, early buyers almost certainly would have taken the early leap of faith and tested the waters only to find them all sold out now once proved..which would be very unfair. Massive risks are now reaping the promised rewards (..another massive risk lol )

KNC always said they'd do this. They are keeping their word.
The only reason you're not an existing customer is that you chose not to be, which is down to you 100%.

[Sitarow]

Really unhappy about this not being open to new customers. What a clusterfuck

Could be worse, you could be an early customer that can't buy one because they sell out before you get the chance....because greedy people ordered 10 plus intending to play the game of selling pre-orders or getting refunds.

Of course the reverse would have applied had they been open for all, early buyers almost certainly would have taken the early leap of faith and tested the waters only to find them all sold out now once proved..which would be very unfair. Massive risks are now reaping the promised rewards (..another massive risk lol )

KNC always said they'd do this. They are keeping their word.
The only reason you're not an existing customer is that you chose not to be, which is down to you 100%.

From what I know the most you can order is 10 units per transaction.

[allinvain]

I may have an early pre-order to sell. This all depends on whether KNC will release info or specs about power consumption or whether hosting will be made available.

At this time 30% less per GH/s from the old system 550Gh/s at 650Watts would make the 3TH unit close to 2500watts

Real engineers work with figures they know are applicable and will not promise anything unless they have a statistically significant reason to state otherwise.

Will they require a 20amp or more 220v connection, or? Any details you can pull from the KNC engineers would be helpful.

[allinvain]

I may have an early pre-order to sell. This all depends on whether KNC will release info or specs about power consumption or whether hosting will be made available.

At this time 30% less per GH/s from the old system 550Gh/s at 650Watts would make the 3TH unit close to 2500watts or 0.82watt per GH/s

If my math is incorrect please feel free to chime in

I personally would prefer many more weaker units than one monster unit that requires specialized power circuits and other electrical engineering black magic.

[Phoenix1969]

one sold, one left @ 12BTC, I'd like to bring both to town at same time...hurry up!, lol
(October Jupiter)

[af_newbie]

Really unhappy about this not being open to new customers. What a clusterfuck

Could be worse, you could be an early customer that can't buy one because they sell out before you get the chance....because greedy people ordered 10 plus intending to play the game of selling pre-orders or getting refunds.

Of course the reverse would have applied had they been open for all, early buyers almost certainly would have taken the early leap of faith and tested the waters only to find them all sold out now once proved..which would be very unfair. Massive risks are now reaping the promised rewards (..another massive risk lol )

KNC always said they'd do this. They are keeping their word.
The only reason you're not an existing customer is that you chose not to be, which is down to you 100%.

Sure.  Go for it.  Order 10+ units.

All this would do is increase network hashing power to 5 EH/s from its current 5 PH/s

[timmmers]

Also sorry buddy but if the coin price crashes next year is not a justifiable excuse for a company to stomach that cost. That's your risk to take buddy. So the decision is yours...

Maybe they had better stop using the price as a sales tool then? After all, it could go anywhere in 6 months.

[NetTime]

I may have an early pre-order to sell. This all depends on whether KNC will release info or specs about power consumption or whether hosting will be made available.

At this time 30% less per GH/s from the old system 550Gh/s at 650Watts would make the 3TH unit close to 2500watts

Real engineers work with figures they know are applicable and will not promise anything unless they have a statistically significant reason to state otherwise.

Will they require a 20amp or more 220v connection, or? Any details you can pull from the KNC engineers would be helpful.

Yes would like to know this!

[timmmers]

Really unhappy about this not being open to new customers. What a clusterfuck

Could be worse, you could be an early customer that can't buy one because they sell out before you get the chance....because greedy people ordered 10 plus intending to play the game of selling pre-orders or getting refunds.

Of course the reverse would have applied had they been open for all, early buyers almost certainly would have taken the early leap of faith and tested the waters only to find them all sold out now once proved..which would be very unfair. Massive risks are now reaping the promised rewards (..another massive risk lol )

KNC always said they'd do this. They are keeping their word.
The only reason you're not an existing customer is that you chose not to be, which is down to you 100%.

Sure.  Go for it.  Order 10+ units.

All this would do is increase network hashing power to 5 EH/s from its current 5 PH/s

Apparently people already have, Hopefully not at the expense of customers who are genuine miners