KnCMiner Openday Wednesday 5th & Monday 10th June - page 49.

pitchbend

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I also don't get this.

I thought buying a MARS device was needed to keep your place in the queue to buy the Jupiter, but if people con buy the Jupiter directly then how will they manage the queue? what will then be the best way to keep my preorder place to buy a Jupiter? buying a Mars first or going straight for the Jupiter?

Also I was planning on paying my 3 mars devices now and then 3 Jupiters when they showed working prototypes, does this mean that I'll have to pay for all 6 devices at once if I want to keep my preorder for the Jupiter?

This is confusing, I hope they clarify their preorder policy before opening the order books.

Quote from: Rampion on May 29, 2013, 03:09:53 AM

Quote from: Bitcoinorama on May 29, 2013, 03:03:45 AM

No, they are opening payments for the FPGA once they've proven the FPGA exists in the openday.

They are opening payments for the ASIC once they've proven the ASIC exists in it's openday.

Also most of the above q's are answered with basic research, but are being frequently asked by those that can't be bothered doing that.

We've just had two pages of the same questions answered and new posts continuing to ask the same questions again.

No. I spoke with Sam last week. You can skip the Mars and pay for the ASICs as soon as they open payments (which was supposed to happen this Monday), and you will maintain your place in the queue.

nii236

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Bitcoinorama, that was my point exactly! But how will they prove their ASICs work if they don't have the capital from pre-orders to manufacture them in the first place...

Bitcoinorama

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Quote from: Rampion on May 29, 2013, 03:09:53 AM

Quote from: Bitcoinorama on May 29, 2013, 03:03:45 AM

No, they are opening payments for the FPGA once they've proven the FPGA exists in the openday.

They are opening payments for the ASIC once they've proven the ASIC exists in it's openday.

Also most of the above q's are answered with basic research, but are being frequently asked by those that can't be bothered doing that.

We've just had two pages of the same questions answered and new posts continuing to ask the same questions again.

No. I spoke with Sam last week. You can skip the Mars and pay for the ASICs as soon as they open payments (which was supposed to happen this Monday), and you will maintain your place in the queue.

That can't be right. I mean I believe you, but the entire point in the $3.5k FPGA is to build trust and reward those ordering it with a $2k discount when the ASICs are proven real and the order monies are then requested. I don't see the point in building and reselling Mars beyond a prototype for themselves at all then.

What would be the point in the ASIC open day after taking payment? The point of the open days were to demonstrate proof of concept and build trust prior to requesting payment.

There's no buyer protection that covers goods for that duration of 'pre-ordering'. June-October is 5 months, approx 150 days, and that's if the products are delivered on time before the end of Sept.

jeroenn13

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Does this mean you will wait on your FPGA to receive while you pay for your ASIC?
So thats 10K (without tax) $ usd without any items delivered? I am interested in this company, this is not ment as a troll.

Rampion

legendary

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Quote from: Bitcoinorama on May 29, 2013, 03:03:45 AM

No, they are opening payments for the FPGA once they've proven the FPGA exists in the openday.

They are opening payments for the ASIC once they've proven the ASIC exists in it's openday.

Also most of the above q's are answered with basic research, but are being frequently asked by those that can't be bothered doing that.

We've just had two pages of the same questions answered and new posts continuing to ask the same questions again.

No. I spoke with Sam last week. You can skip the Mars and pay for the ASICs as soon as they open payments (which was supposed to happen this Monday), and you will maintain your place in the queue.

Bitcoinorama

hero member

Activity: 532

Merit: 500

No, they are opening payments for the FPGA once they've proven the FPGA exists in the openday.

They are opening payments for the ASIC once they've proven the ASIC exists in it's openday.

Also most of the above q's are answered with basic research, but are being frequently asked by those that can't be bothered doing that.

We've just had two pages of the same questions answered and new posts continuing to ask the same questions again.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: bitpop on May 29, 2013, 02:38:46 AM

So they are expecting us to buy overpriced fpgas to get a future asic?

No, as soon as they open payments you can just buy and pay for the ASICs, and that's it.

The important thing is for you to pay ASAP, as with all ASIC companies so far.

bitpop

legendary

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So they are expecting us to buy overpriced fpgas to get a future asic?

nii236

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Merit: 10

Quote from: dan99 on May 28, 2013, 09:57:12 PM

Quote from: whitefeather on May 28, 2013, 09:45:22 PM

So when is this "open day" going to take place, and how is our community going to be represented in the event? There was initial talk that KNC might literally pay for a few of us to make the trip over, an investment, they say, in their confidence-building initiative. I have no qualms paying for my own way, getting on a plane and heading to Stockholm before I plunk down several tens of thousands for a few Jupiters. I really don't want to get caught up in the Butterfly (labs) effect here. If some of you gentlemen and ladies are planning on heading out to Sweden for the event, your comment(s) would be most appreciated.

is only an open day to show the FPGA Mars Miner and for you to ask them questions and questions and for them to reply you with answers and answers. Jupiter /Saturn only available in September ... if you do go there please take photos and videos

KnCminers also stated they will hold a separate open day for the Jupiters and Saturns. But does that mean we will have to get our Mars before that day to pre-order for the ASIC miners and claim the $2000 discount, before we have even seen the devices I wonder.

KS

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Quote from: whitefeather on May 28, 2013, 09:45:22 PM

I really don't want to get caught up in the Butterfly (labs) effect here.

Yup. no preorders, waiting for production units then. you'll probably be able to buy a klondike16 before though.

dan99

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Quote from: whitefeather on May 28, 2013, 09:45:22 PM

So when is this "open day" going to take place, and how is our community going to be represented in the event? There was initial talk that KNC might literally pay for a few of us to make the trip over, an investment, they say, in their confidence-building initiative. I have no qualms paying for my own way, getting on a plane and heading to Stockholm before I plunk down several tens of thousands for a few Jupiters. I really don't want to get caught up in the Butterfly (labs) effect here. If some of you gentlemen and ladies are planning on heading out to Sweden for the event, your comment(s) would be most appreciated.

is only an open day to show the FPGA Mars Miner and for you to ask them questions and questions and for them to reply you with answers and answers. Jupiter /Saturn only available in September ... if you do go there please take photos and videos

whitefeather

member

Activity: 97

Merit: 10

So when is this "open day" going to take place, and how is our community going to be represented in the event? There was initial talk that KNC might literally pay for a few of us to make the trip over, an investment, they say, in their confidence-building initiative. I have no qualms paying for my own way, getting on a plane and heading to Stockholm before I plunk down several tens of thousands for a few Jupiters. I really don't want to get caught up in the Butterfly (labs) effect here. If some of you gentlemen and ladies are planning on heading out to Sweden for the event, your comment(s) would be most appreciated.

oroboras

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Quote from: greaterninja on May 28, 2013, 06:16:41 PM

I hope you guys do not get scammed.

Those "ASIC" chips are generic Altera chips that can be bought and found on the internet, especially eBay.

Its amazing how gullible people on bitcointalk are.

I feel 50/50 about this. It could be legit, it could be one of the hugest scams ever.

Those 'generic Altera "ASIC" chips' are FPGA chips for the Mars machine.....

The ASIC's (Jupiter & Saturn) haven't been made yet.

greaterninja

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I hope you guys do not get scammed.

Those "ASIC" chips are generic Altera chips that can be bought and found on the internet, especially eBay.

Its amazing how gullible people on bitcointalk are.

I feel 50/50 about this. It could be legit, it could be one of the hugest scams ever.

oroboras

full member

Activity: 238

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OK, so there WILL be over 5k of the ASICs. Hmm... difficulty is going to ramp pretty damned fast, I guess.

It's impressive (and worrying for me) that they found that many pre-orders already. I doubt I'll get into the first batch, lol.

KS

sr. member

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