vesperwillow
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September 17, 2014, 02:59:59 PM |
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BFL : shipping in two weeks. KnC: near future
Wait, BFL ships stuff anymore? Whatever happened to the Monarch? That was hilarious. People were like, oh man they'll ship on time this time.. And then they didn't, of course.
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s1gs3gv
Legendary
Offline
Activity: 1316
Merit: 1014
ex uno plures
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September 17, 2014, 03:12:41 PM |
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Just looking forward to October then, hope kNC will give us some thing special this time. (Take out limitation on Nepy and Tity)
I don't think KNC is in a cash flow position to do anything special for their customers. They seem to be struggling. The latest series A won't last them long. Expect to get the absolute minimum possible from KNC these days, at the very last moment. Remember, people in KNC's part of the world sit in hot sweaty dark rooms and whip each other with willow and birch branches for fun. And then they go roll around in the ice and snow naked, drink lots of high proof alcohol, rinse and repeat.
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vesperwillow
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September 17, 2014, 03:35:33 PM |
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Remember, people in KNC's part of the world sit in hot sweaty dark rooms and whip each other with willow and birch branches for fun. And then they go roll around in the ice and snow naked, drink lots of high proof alcohol, rinse and repeat.
I've seen some of the girls over there doing the rolling-around stuff naked. I have to admit, it's worth seeing at least once.
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poodle63
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September 17, 2014, 06:05:19 PM |
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Remember, people in KNC's part of the world sit in hot sweaty dark rooms and whip each other with willow and birch branches for fun. And then they go roll around in the ice and snow naked, drink lots of high proof alcohol, rinse and repeat.
I've seen some of the girls over there doing the rolling-around stuff naked. I have to admit, it's worth seeing at least once. I'm dying to watch at least once of my life, actually Swedish girl very pretty, top 10 around the world, first plase is Denmark.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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jomay
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September 17, 2014, 06:56:17 PM |
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I based my figures off of Jupiters batches 1 and 2, where KNC's internal insurance invoiced their value at $1000USD when being shipped back to them, or within their company controls. [...] Consider how many tens of millions they took home in profit on their tax statement. Their profit margins weren't 30%, they were generously higher.
Yep, the 1000$ marginal cost sounds about right. Not sure how much the ASIC NRE's are, though. If they got 25m$ for the Titan Batch1 they may have spent 10-20m$ on R&D? Batch2 was pure profit, though. I don't think KNC is in a cash flow position to do anything special for their customers. They seem to be struggling. The latest series A won't last them long. Expect to get the absolute minimum possible from KNC these days, at the very last moment.
Well, that doesn't add up when considering the calculation above. Unless... Did you ever wonder why it says "KnC Sweden 20nm AB"? I'd guess because there are "KnC 28nm AB", "KnC Cloud", "KnC Private Mining", "KnC Holding" etc. The founders kept the 10's of m$ in their holding (or private accounts!) and make sure that any failure in the future doesn't cost them a penny. The KnC 20nm is probably struggling to meet payments because of the Neptune debacle (first tape out botched etc) and was close to go bankrupt. As the latter is really not pretty both from bad publicity as well as the "annoying" legal investigations KnC tried to avoid the bankruptcy with dubious measures. Such as offering 5%-10% more refund money if the refund is delayed. And start taking Titan pre-orders - which has saved them. Disclaimer: I don't know any details and all of the above is pure speculation.
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BTC 1NoV8NFSB7eiuK2aABFtBTdUdXhbEdG7Ss LTC LaFyWSfzKY7CKwwmbxhyf8S2iJvfT7JFtL YAC YKKwR5B64Z9ww971J42vEGVPaema623Tz6
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poodle63
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September 17, 2014, 07:18:07 PM |
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Any one feel their love today?
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Zelek Uther
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September 17, 2014, 08:48:17 PM |
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I'm not feeling the love... no bonus miner here.
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Run a Bitcoin node, support the network.
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samsonn25
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September 17, 2014, 08:55:45 PM |
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I based my figures off of Jupiters batches 1 and 2, where KNC's internal insurance invoiced their value at $1000USD when being shipped back to them, or within their company controls. [...] Consider how many tens of millions they took home in profit on their tax statement. Their profit margins weren't 30%, they were generously higher.
Yep, the 1000$ marginal cost sounds about right. Not sure how much the ASIC NRE's are, though. If they got 25m$ for the Titan Batch1 they may have spent 10-20m$ on R&D? Batch2 was pure profit, though. I don't think KNC is in a cash flow position to do anything special for their customers. They seem to be struggling. The latest series A won't last them long. Expect to get the absolute minimum possible from KNC these days, at the very last moment.
Well, that doesn't add up when considering the calculation above. Unless... Did you ever wonder why it says "KnC Sweden 20nm AB"? I'd guess because there are "KnC 28nm AB", "KnC Cloud", "KnC Private Mining", "KnC Holding" etc. The founders kept the 10's of m$ in their holding (or private accounts!) and make sure that any failure in the future doesn't cost them a penny. The KnC 20nm is probably struggling to meet payments because of the Neptune debacle (first tape out botched etc) and was close to go bankrupt. As the latter is really not pretty both from bad publicity as well as the "annoying" legal investigations KnC tried to avoid the bankruptcy with dubious measures. Such as offering 5%-10% more refund money if the refund is delayed. And start taking Titan pre-orders - which has saved them. Disclaimer: I don't know any details and all of the above is pure speculation. Smart move on KNC part with Titan no refund. Bitmain coming December too, with Scryot machines 1/3 the price. $5/MH
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s1gs3gv
Legendary
Offline
Activity: 1316
Merit: 1014
ex uno plures
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September 17, 2014, 10:24:41 PM |
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Well, that doesn't add up when considering the calculation above.
On the contrary, it would explain virtually all of KNC's parsimonious and mean behavior. Why would they go out for a Series A and reduce their equity if they were flush ?
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crashoveride54902
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September 18, 2014, 12:27:27 AM |
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Any one feel their love today?
you should feel the love knc is giving you everyday...in the backside w/o lube BFL : shipping in two weeks. KnC: near future
Wait, BFL ships stuff anymore? Whatever happened to the Monarch? That was hilarious. People were like, oh man they'll ship on time this time.. And then they didn't, of course. monarchs are shipping now...someone had a whole rack of them in their warehouse/dc on picture your miners thread
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Dreams of cyprto solving everything is slowly slipping away...Replaced by scams/hacks
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samsonn25
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September 18, 2014, 12:30:38 AM |
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copy the pic
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poodle63
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September 18, 2014, 12:35:07 AM |
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Stuck wrong hole and shoot on own foot~
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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vesperwillow
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September 18, 2014, 01:06:47 AM |
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Yeah I'd love to see the pictures myself, considering their website says they aren't shipping and you can only find a couple secondhand units on ebay/elsewhere.
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BitcoinPappi
Legendary
Offline
Activity: 915
Merit: 1005
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September 18, 2014, 11:38:14 AM |
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Are KNC Titans shipping now ?
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lemonte
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September 18, 2014, 11:45:37 AM |
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Are KNC Titans shipping now ?
Apparently so according to a few people on the Kncminer forums.
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poodle63
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September 18, 2014, 11:51:29 AM |
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Knc fx king smart at business but crooked, they should be straight.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Micky25
Legendary
Offline
Activity: 974
Merit: 1000
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September 18, 2014, 12:57:24 PM |
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Are KNC Titans shipping now ?
Apparently so according to a few people on the Kncminer forums. Where do you read this? They should, but don't.
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de_ixie
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September 18, 2014, 01:12:00 PM Last edit: September 18, 2014, 02:09:51 PM by de_ixie |
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Are KNC Titans shipping now ?
Apparently so according to a few people on the Kncminer forums. Where do you read this? They should, but don't. I also doubt it - got order 193xx (Bitpay) - nothing here - still paid or like they prefer to say "Payed".
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European Bitcoin Exchange - Bitcoin handeln im deutschen Rechtsraum. Fair und reibungslos: www.bitcoin.de (Aff. Link - Thank you!)
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vesperwillow
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September 18, 2014, 01:47:38 PM |
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This happened with Neptune didn't it? Before KNC announced it officially, there were people getting shipments in small trickles.
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de_ixie
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September 18, 2014, 02:09:41 PM Last edit: September 18, 2014, 02:22:17 PM by de_ixie |
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Order just changed to "In Progress" - Order 193XX
Edit: Will let you know when this "Way to late & expensive 9000 EUR KnC Crap Pile" is at my doorstep
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European Bitcoin Exchange - Bitcoin handeln im deutschen Rechtsraum. Fair und reibungslos: www.bitcoin.de (Aff. Link - Thank you!)
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