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Topic: Swedish ASIC miner company kncminer.com - page 1967. (Read 3050080 times)

full member
Activity: 196
Merit: 100
Something tells me that if there was any scamming afoot, the hosting option would not be priced as it is. Perhaps electricity is more expensive there, but that just seems a bit high? Was figuring they would take a percentage of the coins mined, but the release reads like payment may be requested in USD? Just have to wait for more details and see I guess. After reading that portion of the update, I'm now seriously thinking about having my unit shipped.

If they payment is request in USD, Then just think about how you have so many more possibilities of "refunding" your money.
IE you payed with CC/Paypal USD=Refundable
If you payed with the Glorious Bitcoin, then you cant Refund on your own, You need them to do it for you, and they will have to to a conversion rate and hand you back equivalent USD.
So why not just stay on USD?


I highly doubt they would calculate conversion amount into the equation, they have no control over the fluctuations in price, and would make no sense for them to convert from a business standpoint.
legendary
Activity: 1666
Merit: 1000
So with an order today you expect a shipment when??
When the Moon and the Sun shine together and the dead rise from their graves.










But seriously, try reading the last fucking pages.

Thanks for the help n00b.

If they had a meaningful and updated OP I wouldn't have to ask.
hero member
Activity: 574
Merit: 500
1.21 GIGA WATTS
So with an order today you expect a shipment when??
I believe if you contacted KnC they would say October.
there's never been any mention yet that anyone will be getting there miners in November.

So you're still in for a good chance at October delivery.

this is my thoughts only, but it does make sense  Smiley
legendary
Activity: 804
Merit: 1002
So with an order today you expect a shipment when??
When the Moon and the Sun shine together and the dead rise from their graves.










But seriously, try reading the last fucking pages.
legendary
Activity: 1666
Merit: 1000
So with an order today you expect a shipment when??
sr. member
Activity: 336
Merit: 250
Am I right in reading that they have updated the user accounts with day 1 or day 2 shipping info? If so, has anyone checked their account and seen where this is listed? Mine does not show any shipping information.
Plug your order number into the order tracking box on the KnCMiner home page.  Your shipping comments should be listed there.
hero member
Activity: 574
Merit: 500
1.21 GIGA WATTS
I hate to compare, but even BFL doesn't allow for upgrades after the order is placed.
BFL did allow for upgrade options.
5GH/s to 7GH/s
and
Jalapeno to Little Single or Single.

you would think when ordering chips and circuit boards they (KnC) would order thousands at a time.
I don't think throwing a couple extra circuit boards in the shipping package with original order would slow the production line down.

And even if they did decide to install themselves you would think to add extra work force to keep up the production line original pace.

Well if this were my business that's how I would plan to run it.

hero member
Activity: 532
Merit: 500
Anyone have an idea how long shipping/customs will take from Sweden to the U.S.?

According to my calcs the hosting fees equate to about 3.62 days worth of lost mining revenue.  If shipping takes more than 3.6 days then it makes more sense to have them host it.



I'm estimating 850 watts per Jupiter and 40% network difficulty increase per month until September.

This of course factors in shipping costs and the cost of purchasing a Power Supply.

edit... the hosting premium is in bitcoin and shouldn't have a $.

That's *if shipping goes smoothly.  If it's US to UK, they literally kidnap the item and don't tell you for a week or two, unless the courier company contacts you, customs is very, very slack here, and they have the front to charge you a holding fee!!

I've had many expedited items delayed to the point they are no longer expedited. Shipping within the EU is fine as VAT will have been paid.
legendary
Activity: 1246
Merit: 1000
As a side note, what in the world is KNC going to name their next (bigger) rig?
They kinda' went straight for the biggie planet there...

Oh, I know....introducing the 2015 KNC "SUN" - A bright spot in the otherwise dark world of bitcoin mining.

Sirius? Beetlegeuse? Plenty of options. Wink
full member
Activity: 213
Merit: 100
As a side note, what in the world is KNC going to name their next (bigger) rig?
They kinda' went straight for the biggie planet there...

Oh, I know....introducing the 2015 KNC "SUN" - A bright spot in the otherwise dark world of bitcoin mining.
legendary
Activity: 994
Merit: 1000
Anyone have an idea how long shipping/customs will take from Sweden to the U.S.?

According to my calcs the hosting fees equate to about 3.62 days worth of lost mining revenue.  If shipping takes more than 3.6 days then it makes more sense to have them host it.



I'm estimating 850 watts per Jupiter and 40% network difficulty increase per month until September.

This of course factors in shipping costs and the cost of purchasing a Power Supply.

edit... the hosting premium is in bitcoin and shouldn't have a $.
full member
Activity: 213
Merit: 100
From a standpoint of policy, the fewer loopholes the better. Someone will somehow
take this upgrade exception and figure out 1,000 permutations and end up with all
the rigs. (Just sayin'... Wink )
hero member
Activity: 532
Merit: 500
Wow, read dude, the update was all of a few hours ago!
I did. From my understanding they will offer upgrade modules shortly. So if you have e.g. a Saturn, you can order an upgrade module. But that's a separate order, separately shipped.

+1. This is what makes sense to me. At this point, anything ordered that's new with a chip in it should be in queue behind all the other orders.

Meh, I'm not going to cry over someone with 1 Saturn upgrading to 1 Jupiter to the extent that it would delay their shipment by weeks to have two small modules added if production can be ramped up enough not to effect the current order days promised...

I certainly would complain. We're all in a queue and those early investors derive the benefits (or losses) over those more hesitant to commit. If 100 orders get upgraded from Saturns to Jupiters it means that someone with order number 3000+ might wait an extra week to get their order - how is that fair? I honestly don't think it'll affect my orders, but it's a matter of fairness. Otherwise why would we not all have ordered 2X as many Saturns and just have waited until the units are nearly shipping to upgrade them?

I hate to compare, but even BFL doesn't allow for upgrades after the order is placed.

Yes, but the point is no one foresaw upgrades, so no one bought multiple Saturns with the intent on upgrading to multiple Jupiters. It's only ever going to be one odd order for one Saturn at most. Anyone that could afford more than one Saturn, would have naturally bought a Jupiter anyway...aside from the one odd case above. In the grand scheme of things, it matters not!
full member
Activity: 215
Merit: 100
Am I right in reading that they have updated the user accounts with day 1 or day 2 shipping info? If so, has anyone checked their account and seen where this is listed? Mine does not show any shipping information.
legendary
Activity: 1442
Merit: 1001
Wow, read dude, the update was all of a few hours ago!
I did. From my understanding they will offer upgrade modules shortly. So if you have e.g. a Saturn, you can order an upgrade module. But that's a separate order, separately shipped.

+1. This is what makes sense to me. At this point, anything ordered that's new with a chip in it should be in queue behind all the other orders.

Meh, I'm not going to cry over someone with 1 Saturn upgrading to 1 Jupiter to the extent that it would delay their shipment by weeks to have two small modules added if production can be ramped up enough not to effect the current order days promised...
It's not interesting if you cry, but for the guy with the Saturn it is. Btw, I have a Jupiter on order.

You are so cool!, do not forget to give your mom her money back.
Thx for the reminder.

I'd borrow money from my mom if I could upgrade units 30 days before they ship. Smiley Why not?
sr. member
Activity: 360
Merit: 250
Wow, read dude, the update was all of a few hours ago!
I did. From my understanding they will offer upgrade modules shortly. So if you have e.g. a Saturn, you can order an upgrade module. But that's a separate order, separately shipped.

+1. This is what makes sense to me. At this point, anything ordered that's new with a chip in it should be in queue behind all the other orders.

Meh, I'm not going to cry over someone with 1 Saturn upgrading to 1 Jupiter to the extent that it would delay their shipment by weeks to have two small modules added if production can be ramped up enough not to effect the current order days promised...
It's not interesting if you cry, but for the guy with the Saturn it is. Btw, I have a Jupiter on order.

You are so cool!, do not forget to give your mom her money back.
Thx for the reminder.
hero member
Activity: 568
Merit: 500
Is there anything said by KNC how they will divide the units once ready between paying customers and the ones they will use for mining themselves?
Nobody knows?
legendary
Activity: 1442
Merit: 1001
Wow, read dude, the update was all of a few hours ago!
I did. From my understanding they will offer upgrade modules shortly. So if you have e.g. a Saturn, you can order an upgrade module. But that's a separate order, separately shipped.

+1. This is what makes sense to me. At this point, anything ordered that's new with a chip in it should be in queue behind all the other orders.

Meh, I'm not going to cry over someone with 1 Saturn upgrading to 1 Jupiter to the extent that it would delay their shipment by weeks to have two small modules added if production can be ramped up enough not to effect the current order days promised...

I certainly would complain. We're all in a queue and those early investors derive the benefits (or losses) over those more hesitant to commit. If 100 orders get upgraded from Saturns to Jupiters it means that someone with order number 3000+ might wait an extra week to get their order - how is that fair? I honestly don't think it'll affect my orders, but it's a matter of fairness. Otherwise why would we not all have ordered 2X as many Saturns and just have waited until the units are nearly shipping to upgrade them?

I hate to compare, but even BFL doesn't allow for upgrades after the order is placed.
hero member
Activity: 644
Merit: 500
Wow, read dude, the update was all of a few hours ago!
I did. From my understanding they will offer upgrade modules shortly. So if you have e.g. a Saturn, you can order an upgrade module. But that's a separate order, separately shipped.

+1. This is what makes sense to me. At this point, anything ordered that's new with a chip in it should be in queue behind all the other orders.

Meh, I'm not going to cry over someone with 1 Saturn upgrading to 1 Jupiter to the extent that it would delay their shipment by weeks to have two small modules added if production can be ramped up enough not to effect the current order days promised...
It's not interesting if you cry, but for the guy with the Saturn it is. Btw, I have a Jupiter on order.

You are so cool!, do not forget to give your mom her money back.
sr. member
Activity: 360
Merit: 250
Wow, read dude, the update was all of a few hours ago!
I did. From my understanding they will offer upgrade modules shortly. So if you have e.g. a Saturn, you can order an upgrade module. But that's a separate order, separately shipped.

+1. This is what makes sense to me. At this point, anything ordered that's new with a chip in it should be in queue behind all the other orders.

Meh, I'm not going to cry over someone with 1 Saturn upgrading to 1 Jupiter to the extent that it would delay their shipment by weeks to have two small modules added if production can be ramped up enough not to effect the current order days promised...
It's not interesting if you cry, but for the guy with the Saturn it is. Btw, I have a Jupiter on order.
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