Swedish ASIC miner company kncminer.com

[Searing]

i really wish KNC would answer their phones once in a awhile....

that boat has sailed..it is like they just waved the white flag and bailed on voice support...I just get an answering machine in Swedish....all it does is make me doubly annoyed in that no longer can you call them voice...and I suddenly want to have a Swedish girlfriend ....

[Phoenix1969]

i really wish KNC would answer their phones once in a awhile....

that boat has sailed..it is like they just waved the white flag and bailed on voice support...I just get an answering machine in Swedish....all it does is make me doubly annoyed in that no longer can you call them voice...and I suddenly want to have a Swedish girlfriend ....

I tried during the account fiasco... and didn't get thru for the first time in half a dozen calls over the past few months...   but others did... Cypher got thu.. and others...  just when the answering machine is on, the line is either busy, or they are closed...  You gotta know by now there are hundreds of people calling every hour trying to talk to KNC...   and during a incident like that...thousands...
It's like trying to be caller #9 on Santana Tickets... lol

[lkthomas]

why people think mining is chicken gold eggs

if trading much better

Agreed, if you're good at it.... I'm not!
Admittedly...I always lose out trading!

that's the problem. I did a lot of stocks trading and forex, none of them turn out any good.

So I decide to use other way around to make money like mining.

[opentoe]

I was lucky to grab 4 upgrade modules but that was a dick move by KNC to not let all Saturn owners upgrade. They basically opened the door to any customer Jupiter owner or not and allowed them to upgrade. I bought two Saturn's so I felt I was in the right to be able to buy upgrade modules. For some reason in my gut I felt it was going to be fast sell so I never moved to fast during an online purchase. And KNC had a 3 limit per purchase. So I had to make two purchases. One for 3 modules and one for 1 module. I'm not sure how I was able to make two purchases while others weren't able to make any, but my Internet connection pipe is huge and bitpay didn't give me any problems at all. I guess I'm just venting my experience.

I broke even about two weeks ago and everything I make now is profit. When I get .5 coin I usually just sell it and deposit it into my bank. Do you guys think I should actually be accumulating or saving the bitcoin? We all remember when BTC was $20, hell, I remember when it was $15 when I joined Silk Road...yep that drug dealing site. Can BTC sustain itself at the price it is now, it is over $1200 right now from Mt.Gox. I've seen rises and falls before being around for such a while but never at these prices or this long. I told myself it would bust a while ago but it kept going up up up up. I don't know. It is hard to save bitcoin when cash is king. The way I have been looking at it is no matter what the price of BTC is be it $1200 or $20 when I cash out that's money I didn't have to begin with. Of course I would love to maximize the reward but I've never been "lucky" with money since I'm not really a greedy person and spend/waste it foolishly. I think if I had $10k of BTC around when the Neptunes were offered, I don't think I would have taken the bait. What's funny about all this is the only thing I ever spent $10k or more on something was my car and my house. I really don't want to have a bitcoin miner 3rd on my list at that price. Damn, to hold onto coin at $1200 or sell. What do you guys do with the coin you make with your KNC rigs? Half save, half cash out?

Also, yea, Eligius is having serious issues. Sorry Wizkid, but I've had nothing but problems with your pool and I'm glad to pay the GUILD a fee. You gotta get yourself a new dedicated box or a high powered VPS and put some good old fashion security on that guy. None of this ~wizkid folder redirect crap. Sorry, I'm in a mood today.

[matthewh3]

i really wish KNC would answer their phones once in a awhile....

that boat has sailed..it is like they just waved the white flag and bailed on voice support...I just get an answering machine in Swedish....all it does is make me doubly annoyed in that no longer can you call them voice...and I suddenly want to have a Swedish girlfriend ....

It's weekend and it has been stated before that the office staff do actually work only office hours funny enough.  It's only the engineers who work on caffeine intravenous drips.

[Phoenix1969]

Opentoe....   +1  on everything... except I didn't actually want to cash out anything, but I need to cover a few bills... (shipping, electric, PSU's..and a few extra for myself...)
*Hope Wizkid can pull it together.... I love his pool! I'm comin' back Wizkid....rest assure....  with megapower, so get that puppy goin'!
He could probably use a donation or two about now....

[xstr8guy]

Am I the only one being driven crazy by "Juniper"?!  FFS, it "Jupiter"... that's a "T" not an "N".

And now we have "Naptunes".       Is that a cross between Napster and iTunes or an ASIC miner?

[xstr8guy]

why people think mining is chicken gold eggs

if trading much better

For the last time... trading is no guarantee of success.  Just as many people lose money as gain money.

Buy and hold only works if the value of BTC goes up during the time before you sell.  And if you buy and hold forever (which everyone who posts this same bullshit over and over claims to do) then you never gain unless you use your BTC to pay your bills and buy groceries.

THE END!

Now go buy some seriously overpriced BTC and "hold".  I'm going to go check my bitcoin wallet to see if the coins I mined 2 months ago have increased in value again today.

[CYPER]

I tried during the account fiasco... and didn't get thru for the first time in half a dozen calls over the past few months...   but others did... Cypher got thu.. and others...  just when the answering machine is on, the line is either busy, or they are closed...

I get through after 40-50 attempts  
I keep redialling and redialling...
http://www.localphone.com/call/sweden - only £0.005 to Sweden.

[jonoiv]

Am I the only one being driven crazy by "Juniper"?!  FFS, it "Jupiter"... that's a "T" not an "N".

And now we have "Naptunes".       Is that a cross between Napster and iTunes or an ASIC miner?

Yes i used my Juniper to mine a bottle of Gin!  difficulty was 40%,  6 shots for full confirmation of drunkenness

[AussieHash]

well said. Very often people looking at mining business is a short term, 2 weeks business.

It took me 7 months to break even when BTC at 25 dollar. Then price jump up and my asset increase by 5 times, it took almost 1 year to get to this point right now.


Guys, consider this is a long term investment and effort. If you want to get rich quick, go back to day trade instead of mining.

You really don't get it. It is how many bitcoins your miner will ever make against how many bitcoins you could have bought instead of the miner. Btc value in dollars is irrelevant.

As someone who clearly understands that one is likely to end up with more BTC by simply purchasing them than mining them in the end, let me explain why I choose to mine. It's called hedging your bets.

Effectively, I've sold my BTC for $845/each when I purchased the Neptunes. If BTC price collapses, I can ask for a refund in US dollars (Remember, KnC never receives any BTC through Bitpay and will always refund in USD). In this scenario, I will not lose any USD. The highest risk in this example is that KnC refuses to refund.

In the event that BTC price continues to increase (my hope), I will likely mine less BTC than I spent, but will still end up with more USD at a lower risk than just holding BTC.

I think newly generated BTC will one day be more valuable than btc purchased from an exchange/localbitcoins

I keep my mined coins separate, and don't spend these

[itod]

Can someone help me with this info for some calculations:

- How many Jupiters there are in November batch (batch #2)?
- Which percentage of them are already shipped?

I need rough numbers, feel free to estimate and miss 10-20%. Thanks.

[jxz]

i really wish KNC would answer their phones once in a awhile....

that boat has sailed..it is like they just waved the white flag and bailed on voice support...I just get an answering machine in Swedish....all it does is make me doubly annoyed in that no longer can you call them voice...and I suddenly want to have a Swedish girlfriend ....

I tried during the account fiasco... and didn't get thru for the first time in half a dozen calls over the past few months...   but others did... Cypher got thu.. and others...  just when the answering machine is on, the line is either busy, or they are closed...  You gotta know by now there are hundreds of people calling every hour trying to talk to KNC...   and during a incident like that...thousands...
It's like trying to be caller #9 on Santana Tickets... lol

During an incident like this, a simple news post to the home page could have stopped a large majority of those calls.

I truly don't understand why it is so hard for any ASIC manufacturer to offer the simplest of communications to their customers.

[Biffa]

Can someone help me with this info for some calculations:

- How many Jupiters there are in November batch (batch #2)?
- Which percentage of them are already shipped?

I need rough numbers, feel free to estimate and miss 10-20%. Thanks.

Why do you think anyone would be a better guess than you? I think Batch 2 will have the same effect on the network as Batch 1

[Biffa]

i really wish KNC would answer their phones once in a awhile....

that boat has sailed..it is like they just waved the white flag and bailed on voice support...I just get an answering machine in Swedish....all it does is make me doubly annoyed in that no longer can you call them voice...and I suddenly want to have a Swedish girlfriend ....

I tried during the account fiasco... and didn't get thru for the first time in half a dozen calls over the past few months...   but others did... Cypher got thu.. and others...  just when the answering machine is on, the line is either busy, or they are closed...  You gotta know by now there are hundreds of people calling every hour trying to talk to KNC...   and during a incident like that...thousands...
It's like trying to be caller #9 on Santana Tickets... lol

During an incident like this, a simple news post to the home page could have stopped a large majority of those calls.

I truly don't understand why it is so hard for any ASIC manufacturer to offer the simplest of communications to their customers.

I get my emails answered within 4-6 hours. Even during the "emergency" yesterday.

[itod]

Can someone help me with this info for some calculations:

- How many Jupiters there are in November batch (batch #2)?
- Which percentage of them are already shipped?

I need rough numbers, feel free to estimate and miss 10-20%. Thanks.

Why do you think anyone would be a better guess than you? I think Batch 2 will have the same effect on the network as Batch 1

I'm not following this thread that close, and I'm not on the KnC Forum, so guessed someone who does that may have seen this info somewhere. Would appreciate if that is the case.

[ImI]

i really wish KNC would answer their phones once in a awhile....

that boat has sailed..it is like they just waved the white flag and bailed on voice support...I just get an answering machine in Swedish....all it does is make me doubly annoyed in that no longer can you call them voice...and I suddenly want to have a Swedish girlfriend ....

I tried during the account fiasco... and didn't get thru for the first time in half a dozen calls over the past few months...   but others did... Cypher got thu.. and others...  just when the answering machine is on, the line is either busy, or they are closed...  You gotta know by now there are hundreds of people calling every hour trying to talk to KNC...   and during a incident like that...thousands...
It's like trying to be caller #9 on Santana Tickets... lol

During an incident like this, a simple news post to the home page could have stopped a large majority of those calls.

I truly don't understand why it is so hard for any ASIC manufacturer to offer the simplest of communications to their customers.

+1

I dont understand it either.

Same situation with the shipping situation. Did they achieve their goal to ship all miners in november or will the delivery last into december?

[Phoenix1969]

i really wish KNC would answer their phones once in a awhile....

that boat has sailed..it is like they just waved the white flag and bailed on voice support...I just get an answering machine in Swedish....all it does is make me doubly annoyed in that no longer can you call them voice...and I suddenly want to have a Swedish girlfriend ....

I tried during the account fiasco... and didn't get thru for the first time in half a dozen calls over the past few months...   but others did... Cypher got thu.. and others...  just when the answering machine is on, the line is either busy, or they are closed...  You gotta know by now there are hundreds of people calling every hour trying to talk to KNC...   and during a incident like that...thousands...
It's like trying to be caller #9 on Santana Tickets... lol

During an incident like this, a simple news post to the home page could have stopped a large majority of those calls.

I truly don't understand why it is so hard for any ASIC manufacturer to offer the simplest of communications to their customers.

+1

I dont understand it either.

Same situation with the shipping situation. Did they achieve their goal to ship all miners in november or will the delivery last into december?

Guess we will know Monday....
I'm chompin' at the bit wondering if my 2 units shipped or not...
They were "in progress" for a few days...
Doggone "Black Friday" probably slowing things a bit in the shipping world as well...

any posts of new deliveries are highly appreciated!...

[Biffa]

Can someone help me with this info for some calculations:

- How many Jupiters there are in November batch (batch #2)?
- Which percentage of them are already shipped?

I need rough numbers, feel free to estimate and miss 10-20%. Thanks.

Why do you think anyone would be a better guess than you? I think Batch 2 will have the same effect on the network as Batch 1

I'm not following this thread that close, and I'm not on the KnC Forum, so guessed someone who does that may have seen this info somewhere. Would appreciate if that is the case.

I dont think anyone except KnC knows. They have said they have done over $30,000,000 in orders, so say that the average price between Batch #1 Jupiters, Saturns & Mercuries is $4500 roughly & the Batch#2 Jupiters and Saturns is $4000 so go high and say $5000 is the average price of all the hardware sold (predominantly Jupiters with quite a few Saturns and not many Mercury devices) so 30m / 5k is 6000 units.

[davewr2013]

i really wish KNC would answer their phones once in a awhile....

that boat has sailed..it is like they just waved the white flag and bailed on voice support...I just get an answering machine in Swedish....all it does is make me doubly annoyed in that no longer can you call them voice...and I suddenly want to have a Swedish girlfriend ....

Me too!

Wonder what my wife would think...?