Topic: KNC Countdown for Shipment - page 2. (Read 5350 times)

And if punin isn't joking about being ready to start shipping October orders shortly after the frist of October, it's going to be an interesting couple of weeks, difficulty increase wise.  It may be BF and KNC...

True. But the major rise, if it comes, will come from KnC delivering (this round).

Sorry. It's 6ish AM here, I just got up. That was way more rambling than I intended. Now I've had a cup of coffee.

What I was asking and trying to illustrate, is why do so many of you care if they are a day or even a week late, as long as they deliver? It's a black eye for them, and for the "yes" side of the bitbet, but overall should not have much effect on your mining. Because KNC is the prime mover this time around in the projected rise in difficulty. If they are slightly delayed, so is the rise in difficulty.

As for the BFL, that was just a dig at 'em. If anybody is foolish enough to take THAT bet, I want a piece of the action

I personally think that KnC is likely to miss by a day, but they very well could make the conditions of the bet, if they have ten or so units ready to go on monday and a few people picking them up in person. As I've mentioned before, I have no skin in the game. That being said, I want them to succeed. This is the horse I would have backed if I'd been able to raise the cash.

EDIT: Missed your instant edit

BFL won't fulfill their backlog, but they are affecting the network hashrate on a daily basis with their (slow) deliveries. Mining reward per device is front-loaded and everyday lost is a potential lower difficulty reward also lost.

You really don't get what he is saying at all, do you?

BFL? What are you talking about?  

I would prefer not to derail this thread. This is about KNC fulfilling their schedule or not. Not about BFL (again, wtf? BFL?) nor ROI considerations.

Simple enough?


Instant EDIT: OK, ROI considerations are important because they connect with the time of delivery and the exponential I mentioned.  That is exponential not because of BFL. BFL will be irrelevant from now on and no sane person would even consider them as a variable.  

KNC made promises, lets see if they deliver on them. If not they should tell everyone as soon as possible.

See, this is the part I don't get. This ain't personal, Feebackloop, you just hit my WTF threshold on something I see a lot of people posting here and on the main KNC thread.

The way I see it, the biggest part of the exponential jump in difficulty is based on KNC this month. It was Bitfury last month, and will be again in october, along with KNC. If KNC is a few days late, the way I see it, the only people harmed by it are those who gambled on bitbet on KnC's side, and to a small degree, Knc themselves. (because if they are a few days late, they are still ahead of every other asic vendor out there so far except bitfury). As long as they deliver the product, a few days delay will not affect YOUR ROI any differently than them shipping on time, or to a negligible amount.

Unless you actually think BFL will fill their backlog in the next 5-10 days... If you do, any of you, PM me with how much you're willing to bet on it. I need money.

Hi, can I ask that when in Stockholm you try and determine what the likely distribution of deliveries over time will be? I have an August order and would love to get a rough idea of it's delivery date...

Could I also ask that you try and convince Sam and Co. that they open up their order books like Hashfast have done:

https://hashfast.com/order-chain/

I think it makes for a much more transparent and fair market place where customers can make informed decisions. See BFL fiasco for motivation :-)

Sorry that's my bad then. I've just spent a few mins catching up, and they are in the other thread, and have been for a while. In any case I think it will tough to deliver them before Monday. Tuesday perhaps, if they are overnight and leave on Mon. Pick-ups could be possible if people can make it late notice and they have miners ready over the weekend/Mon. Again, I don't have scooby what their situation is, but i'll find out more tomo. I would like to see people win the bet, I'm competitive and it would be a shame to see it come down to inability to have people pick-up in person if needed last minute on Monday. I personally don't have any money riding on the bet though, I just enjoy the banter.

But Xialla's post wasn't about refunds.  


I wouldn't be happy if they deliver later than promised.  I see no reason to not expect promises to be kept especially when I and many others payed a non-trivial sum in an exponential, time-dependent market and spent time counting on those promises.

Mate, I have a day one order, if they deliver at anypoint next week i'll be happy. In any case if they are being assembled by a third party/outsourced production house then the script with all the customers asking for delivery by courier is in their hands now. You can't have someone refund if that order flow cannot be changed and they both receive a miner and a refund, it would be a logistical nightmare, and yes, i'm sure at least someone will try to scam the manufacturer. If the goods do not arrive, or they try to scam, that's another story, in any case if they have all done a runner i'll know if i'm standing on my lonesome in Stockholm (I doubt they would build datacentre by hand, that would be super elaborate- I don't even know why i'm entertaining this thought)! In anycase it appears they have moved office from last time, as I have been given a different address, and they said it was a new office, not a production facility, which I doubt would be in Stockholm.

Xialla i'm not sure what your motive is, you're a customer, that seems to want to encourage as many refunds as possible, and as I said before, even if you do succeed in that, do you honestly not think if, and when, the product is proven no one else would snap them up? Instantly?? There will be no dormancy if they prove a working unit, especially if it's better than promised.

who said that day 1 and day 2 are send in 2 days? for my opinion it means only first production and second ...

I would count picked up and hashing as delivered.

For the bet terms (which I think are good terms to actually determine if KNC did deliver in terms of time) I count Orama and me on standby and Blastbob, gr0bi42 if they announce it before Monday.

If Day 1 is Sunday and Day2 Monday then CYPER could get one too. That would make 5. Otherwise one more for pickup is needed (for the terms).

you still believe, that KNC fulfill what they promised and deliver 1st day miners until end of September?

Why not just set it to midnight Monday 30 September to Tuesday 1 st October GMT (BitBet time, one hour later than Stockholm time)?

Why? Then it's incorrect. The deadline is the end of September, is it not?

Which is Tuesday at Midnight. Monday is the 30th Sept, Tues is 1st Oct, thus the deadline occurs as 23:59:59 30/09 --> 00.00 01/10.

Sunday night/Monday morning is not the end of September.

I set it to Tuesday October 1st, but okay I turned back the clock a day and set it to midnight Monday Morning...Although its a crapshoot at this point for day one orders to go out the door that day....maybe I'm totally wrong (hopefully)

This, please fix it.

Take her with you.  Try not to drive across many railroad tracks though...

You can always have another daughter, you will never again have the historic opportunity to pick up the first 28nm miner!
j/k