I agree that knc is most likely legit, but why do they need to perpetuate this insanely risky(for the buyer) pre-order model at this point? AM and the secondary market have demonstrated beyond any reasonable doubt that in hand hardware for immediate delivery commands a significant premium over hardware paid for now and delivered in x months down the road. Knc plainly has the funding to become the second major player to only sell what they actually have, but they're passing on the opportunity to change the scenery and likely leaving money on the table doing so. Instead bitfury will likely wear this crown and it will erode knc's future sales.
Until they've failed to deliver the first-gen stuff, they aren't perpetuating any preorder model. What opportunity are they passing up? The first-gen stuff is limited number like the other manufacturers. Second-gen orders are being taken (like other manufacturers), so that the pipes stay fed for constant output.
Little lost on where you went with that.
I don't believe they will fail to deliver first gen stuff(which is actually 2nd gen stuff for the ASIC BTC mining community), but they've offered pre-orders for the very same gear at lower prices for November delivery when they could easily have simply said "no more pre-orders", "no more zero interest loans", "no more offloading 100% of the risk to investors/customers" and instead offered hardware for immediate delivery at premium prices in November and beyond. I understand the appeal of the pre-order model when a vendor is green as they don't likely have the VC funding to cover NRE costs, but knc is essentially playing with house money now and
has had a chance to differentiate themselves...they passed.
By generation, I meant their equipment.
As far as I'm concerned, it's still not so much a preorder for 2nd gen stuff. And here's why. They took money in at X cost for a certain number of 1G units, to begin shipping in September, delivered NLT end of October. This money goes to standing up the system, R&D, and getting everything out the door. It doesn't necessarily (and likely couldn't) cover any costs to ensure you have what you need on hand for bundles of future orders.
In order to make sure you can deliver 2G and following generation orders seamlessley--from the drop point of the first batch--you need to order the ingredients. To make sure systems are assembled and ready for delivery (underpromise/overdeliver) you want to get this stuff in asap and get as much of it preassembled as possible. You need money to do this.
Ordering 2G stuff now can get that 30-90 day lead time required. It's essentially similar to what you're describing. Until they, or any OEM, has come to the point where they have plenty of house cash on hand to use, they won't be getting a ton of stuff ordered ahead of time, especially with how technology is changing constantly in this field, and how fast orders are going.
Not to mention, once word gets out they kept their promise, their order queue will burst--I'd say 100x as many orders as before. They don't want to BFL their way through the situation, getting behind on assembly, backordering parts, delays, etc. You need some lead time. Ideally, I'd say a 30 day order-to-delivery window is likely once things get under wrap.
There's no way, short of hella amounts of spare cash, they'll be an order-to-delivery in 1 week company. None of these manufacturers will without significant investment.
...which, I predict, will occur when a large company starts buying their way into this market, by buying out one or more of these small manufacturers. Keep in mind that AMD has been rumored to be working on their own ASIC lineup. Imagine if a company that size stepped into place..,. being able to promise delivery in a week.
Their order queue would blow the barn doors to the next planet.
I'm sure that it has been discussed before, but I really don't want to go through 400+ pages to find my answer. My question is about the pre-installed cgminer, more exactly, will it also have the "chosen" pool details already on it? Asking cause I've noticed those fields on the knc website where you can enter your pool of option, worker and so on. Or is that part of the knc website intended for customers that chose knc hosting for the miners? Also, is there a problem if 2 or more miners would mine under the same "worker"?
You fill in your worker details under your KNC miner account page. It's suggested you don't use the same account for multiple miners.