Swedish ASIC miner company kncminer.com - page 2037.

canth

legendary

Activity: 1442

Merit: 1001

Quote from: KS on June 05, 2013, 07:17:31 PM

Quote from: canth on June 05, 2013, 07:12:39 PM

Quote from: ?? on ??

...

I'm very sure they've collected over a million dollars in the past few days. I'd venture to say that they are more than "Barely" Functioning.

...

Agreed. I'd estimate that they've received several million dollars:

- over 1000 orders
- assume at least 500 are paid

Even with just single Saturn orders, this comes out to $1.9m. With Jupiter or multiple orders, it could be 2-5x that much. They've got plenty of incentive to not screw up and risk cancellations (or at least CC disputes).

B.F.L.

Hold thy tongue. Other than not shipping the FPGA product that customers didn't want, they haven't slipped anything yet. Even that seems to be more of a wise production decision than a delay. I'm giving them the benefit of the doubt for now.

k9quaint

legendary

Activity: 1190

Merit: 1000

Quote from: KS on June 05, 2013, 07:17:31 PM

Quote from: canth on June 05, 2013, 07:12:39 PM

Quote from: ?? on ??

...

I'm very sure they've collected over a million dollars in the past few days. I'd venture to say that they are more than "Barely" Functioning.

...

Agreed. I'd estimate that they've received several million dollars:

- over 1000 orders
- assume at least 500 are paid

Even with just single Saturn orders, this comes out to $1.9m. With Jupiter or multiple orders, it could be 2-5x that much. They've got plenty of incentive to not screw up and risk cancellations (or at least CC disputes).

B.F.L.

A few good things about KNCMiner:
KNCMiner seems to have a way better relationship with the community than BFL has.
They are partnered with an actual ASIC design firm with real talent.
They developed a prototype (based on FPGAs) without taking customer money. They are developing the ASIC chip(s) in parallel (according to KNC) without taking customer money.

I am skeptical, but I am also hopeful and optimistic.

KS

sr. member

Activity: 448

Merit: 250

Quote from: canth on June 05, 2013, 07:12:39 PM

Quote from: ?? on ??

...

I'm very sure they've collected over a million dollars in the past few days. I'd venture to say that they are more than "Barely" Functioning.

...

Agreed. I'd estimate that they've received several million dollars:

- over 1000 orders
- assume at least 500 are paid

Even with just single Saturn orders, this comes out to $1.9m. With Jupiter or multiple orders, it could be 2-5x that much. They've got plenty of incentive to not screw up and risk cancellations (or at least CC disputes).

B.F.L.

canth

legendary

Activity: 1442

Merit: 1001

Quote from: ?? on ??

...

I'm very sure they've collected over a million dollars in the past few days. I'd venture to say that they are more than "Barely" Functioning.

...

Agreed. I'd estimate that they've received several million dollars:

- over 1000 orders
- assume at least 500 are paid

Even with just single Saturn orders, this comes out to $1.9m. With Jupiter or multiple orders, it could be 2-5x that much. They've got plenty of incentive to not screw up and risk cancellations (or at least CC disputes).

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: DeaDTerra on June 05, 2013, 03:59:11 PM

Quote from: Phinnaeus Gage on June 05, 2013, 03:56:29 PM

Quote from: Bitcoinorama on June 05, 2013, 03:52:09 PM

Can't believe it took 100 pages!:

KnC and ORSoC will be sitting down after dinner hoping to see a discussion about today's open day events, but instead... Grin

That is one sexy pole! I knew that KnC wasn't a scam from the get-go, but somebody had to play Devil's advocate.

I can say that you were mentioned and the KnCMiner guys recognized that you serve a useful purpose and that your service is needed in this community and they wanted to thank you for it.
Without you, we would be like a flock of sheep without a Sheppard xD
In all seriousness they recognized that what you do is healthy and needed. They didn't seem to have taken it personally.
//DeaDTerra

i can confirm this.

i think the language was an issue, though

KS

sr. member

Activity: 448

Merit: 250

Quote from: Bitcoinorama on June 05, 2013, 05:53:47 PM

Quote from: KS on June 05, 2013, 05:43:47 PM

Quote from: Bitcoinorama on June 05, 2013, 05:28:03 PM

(...) Like are you actually considering this?

Like, a/who gives a rat's ass and b/ whatever difference would THAT make (one way or another)?

The business side is a major clusterfuck so far. They aren't exactly demonstrating "best in class" practices now are they? I would even settle for "passable", but they're barely functioning.

Now, thanks to all the money that's being thrown at them, do you really think they will make an effort and get better?

It matters quite a bit, as you've bought Avalon Asics in a group buy, and were active recently on a thread where you're interested on sending your chips to a random guy you've never, seen, met or know anything about in Bulgaria to have boards made and assembled...which doesn't appear very safe.

Because that's totally relevant as to whether KNCMINER is able to function as a business?

blastbob

hero member

Activity: 602

Merit: 500

The OrSec part made me take my choice. Best "factor" i have seen for a while.

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: KS on June 05, 2013, 05:43:47 PM

Quote from: Bitcoinorama on June 05, 2013, 05:28:03 PM

(...) Like are you actually considering this?

Like, a/who gives a rat's ass and b/ whatever difference would THAT make (one way or another)?

The business side is a major clusterfuck so far. They aren't exactly demonstrating "best in class" practices now are they? I would even settle for "passable", but they're barely functioning.

Now, thanks to all the money that's being thrown at them, do you really think they will make an effort and get better?

It matters quite a bit, as you've bought Avalon Asics in a group buy, and were active recently on a thread where you're interested on sending your chips to a random guy you've never, seen, met or know anything about in Bulgaria to have boards made and assembled...which doesn't appear very safe.

KS

sr. member

Activity: 448

Merit: 250

Quote from: Bitcoinorama on June 05, 2013, 05:28:03 PM

(...) Like are you actually considering this?

Like, a/who gives a rat's ass and b/ whatever difference would THAT make (one way or another)?

The business side is a major clusterfuck so far. They aren't exactly demonstrating "best in class" practices now are they? I would even settle for "passable", but they're barely functioning.

Now, thanks to all the money that's being thrown at them, do you really think they will make an effort and get better?

DPoS

sr. member

Activity: 462

Merit: 250

at somepoint the pied piper music of BFL will stop and those minirig wishers will either grab thier $30k and run to kncminer or have a nervous breakdown once saturns and jupiters ship

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: KS on June 05, 2013, 05:24:16 PM

You guys are partying like this is a done deal. WTF?

They've been a mess from the get go, still are. Can't even get a T&C written properly (don't even pretend that THAT was written by a lawyer). Website is a mess, order book is a mess, whatnot.

An effing circus and everyone is patting their backs. With that kind of idiotic attitude, do you guys really think there will EVER be a serious contender NOT using the idiots with too much money that abound here to fund their kickstarters?

Go on, let's all encourage that kind of business practice. So healthy.

What.ever.

(facepalm)

Look we're just playing until the questions asked are typed up and shared tomorrow, what's the problem with that?

Daggeteo said he asked almost everything and seems confident.

Those that went liked what they saw, and this thread tipped 100 pages.

You still haven't answered some questions I asked you the other day? Like are you actually considering this?

KS

sr. member

Activity: 448

Merit: 250

You guys are partying like this is a done deal. WTF?

They've been a mess from the get go, still are. Can't even get a T&C written properly (don't even pretend that THAT was written by a lawyer). Website is a mess, order book is a mess, whatnot.

An effing circus and everyone is patting their backs. With that kind of idiotic attitude, do you guys really think there will EVER be a serious contender NOT using the idiots with too much money that abound here to fund their kickstarters?

Go on, let's all encourage that kind of business practice. So healthy.

What.ever.

(facepalm)

DPoS

sr. member

Activity: 462

Merit: 250

Quote from: Bitcoinorama on June 05, 2013, 05:14:24 PM

Quote from: blastbob on June 05, 2013, 05:11:59 PM

Stop bumping the pic... i get distracted!

They could have saved themselves so much grief proving themselves, if only they just launched their idea with a pic. of a cute Swedish girl...ahh hindsight! Grin

was just about to say the same.... they all go into the yellow building.. come out hours later smiling and saying great things of kncminer but not sure why..

blastbob

hero member

Activity: 602

Merit: 500

If see more distracting pictures, i will start posting the american challenge pics i have used in certain low end threads

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: blastbob on June 05, 2013, 05:11:59 PM

Stop bumping the pic... i get distracted!

They could have saved themselves so much grief proving themselves, if only they just launched their idea with a pic. of a cute Swedish girl...ahh hindsight! Grin

blastbob

hero member

Activity: 602

Merit: 500

Stop bumping the pic... i get distracted!

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: Phinnaeus Gage on June 05, 2013, 05:08:47 PM

Quote from: Bitcoinorama on June 05, 2013, 04:46:23 PM

Quote from: DeaDTerra on June 05, 2013, 03:59:11 PM

Quote from: Phinnaeus Gage on June 05, 2013, 03:56:29 PM

Quote from: Bitcoinorama on June 05, 2013, 03:52:09 PM

Can't believe it took 100 pages!:

KnC and ORSoC will be sitting down after dinner hoping to see a discussion about today's open day events, but instead... Grin

That is one sexy pole! I knew that KnC wasn't a scam from the get-go, but somebody had to play Devil's advocate.

I can say that you were mentioned and the KnCMiner guys recognized that you serve a useful purpose and that your service is needed in this community and they wanted to thank you for it.
Without you, we would be like a flock of sheep without a Sheppard xD
In all seriousness they recognized that what you do is healthy and needed. They didn't seem to have taken it personally.
//DeaDTerra

Lol, I just realised I thought you meant me!!

What an idiot (me)!! Sorry!

Phin take a bow, stage is yours haha!!

I'm outta ammo!

I concede!

I'm glad to be a part of the naysayers to put as much pressure on the KnC team, only to have them rise above the challenge, showing them to be a class act.

Now get your fuckin' asses busy and produce product by September, and hopefully not that much later, for I'll give you October.

Peace, guys.

~Bruno K~

PS: Why is their building yellow? Grin

I respect that Bruno,

A pleasure...don't let them slip! Wink

P.s. Easier to see...it's pitch black 6 months of the year there! Tongue

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

Quote from: Bitcoinorama on June 05, 2013, 04:46:23 PM

Quote from: DeaDTerra on June 05, 2013, 03:59:11 PM

Quote from: Phinnaeus Gage on June 05, 2013, 03:56:29 PM

Quote from: Bitcoinorama on June 05, 2013, 03:52:09 PM

Can't believe it took 100 pages!:

KnC and ORSoC will be sitting down after dinner hoping to see a discussion about today's open day events, but instead... Grin

That is one sexy pole! I knew that KnC wasn't a scam from the get-go, but somebody had to play Devil's advocate.

I can say that you were mentioned and the KnCMiner guys recognized that you serve a useful purpose and that your service is needed in this community and they wanted to thank you for it.
Without you, we would be like a flock of sheep without a Sheppard xD
In all seriousness they recognized that what you do is healthy and needed. They didn't seem to have taken it personally.
//DeaDTerra

Lol, I just realised I thought you meant me!!

What an idiot (me)!! Sorry!

Phin take a bow, stage is yours haha!!

I'm outta ammo!

I concede!

I'm glad to be a part of the naysayers to put as much pressure on the KnC team, only to have them rise above the challenge, showing them to be a class act.

Now get your fuckin' asses busy and produce product by September, and hopefully not that much later, for I'll give you October.

Peace, guys.

~Bruno K~

PS: Why is their building yellow? Grin

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: DeaDTerra on June 05, 2013, 03:59:11 PM

Quote from: Phinnaeus Gage on June 05, 2013, 03:56:29 PM

Quote from: Bitcoinorama on June 05, 2013, 03:52:09 PM

Can't believe it took 100 pages!:

KnC and ORSoC will be sitting down after dinner hoping to see a discussion about today's open day events, but instead... Grin

That is one sexy pole! I knew that KnC wasn't a scam from the get-go, but somebody had to play Devil's advocate.

I can say that you were mentioned and the KnCMiner guys recognized that you serve a useful purpose and that your service is needed in this community and they wanted to thank you for it.
Without you, we would be like a flock of sheep without a Sheppard xD
In all seriousness they recognized that what you do is healthy and needed. They didn't seem to have taken it personally.
//DeaDTerra

Lol, I just realised I thought you meant me!!

What an idiot (me)!! Sorry!

Phin take a bow, stage is yours haha!!

DeaDTerra

donator

Activity: 1064

Merit: 1000

Quote from: Bitcoinorama on June 05, 2013, 04:34:28 PM

Quote from: glowkeeper on June 05, 2013, 04:27:58 PM

You guys are sounding like you have their ASICs already. Did I miss something?

No, some lads attended the open day and came back reassured.

Still a risk in designing a 28nm ASIC, but apparently design work has already been completed somewhat.

Confidence has increased, but start-up risks apply...

Just great to see the parties involved exceeded expectations.

Please note that the design has been done does not mean that the final product will work xD
Things can still go to hell.
//DeaDTerra

Topic: Swedish ASIC miner company kncminer.com - page 2037. (Read 3050071 times)