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Topic: Swedish ASIC miner company kncminer.com - page 2057. (Read 3049499 times)

full member
Activity: 182
Merit: 100
A Jupiter ...
 5596.00 + 1399.00 = 6995.00 The advertised price ie. VAT included  Angry

You must be doing something wrong :



Anyways, order went through. And it seems they started at #1 again.
full member
Activity: 122
Merit: 100
And following through to PayPal Payment, this is what is presented. And THAT is what it should be:

Quote
   Item total $5,596.00
    Tax $1,399.00
    Shipping and handling: $124.00

    Total $7,119.00 USD

Sorry for what have you attempted to order? The site seems too glitchy to be open for real orders...

A Jupiter ...
 5596.00 + 1399.00 = 6995.00 The advertised price ie. VAT included  Angry
hero member
Activity: 532
Merit: 500
And following through to PayPal Payment, this is what is presented. And THAT is what it should be:

Quote
    Item total $5,596.00
    Tax $1,399.00
    Shipping and handling: $124.00

    Total $7,119.00 USD

Sorry for what have you attempted to order? The site seems too glitchy to be open for real orders...
full member
Activity: 122
Merit: 100
And following through to PayPal Payment, this is what is presented. And THAT is what it should be:

Quote
    Item total $5,596.00
    Tax $1,399.00
    Shipping and handling: $124.00

    Total $7,119.00 USD
hero member
Activity: 532
Merit: 500
Yes, it also appears you can no longer pre-order...

The site has 'add to cart', and 'checkout' functions, but adding to cart is not quite functioning yet...
Indeed, it has a few flaws. I suppose they want to open orders sometime around the open days.

Yeah it's a bit glitchy it goes from, shipping cart empty, to having an orders, to empty, in any case nothing to pay. The checkout gives a choice of UPS courier; $240.80 for next day delivery to the UK, or 'Stockholm Pickup' $0, as the delivery options.

Bank Transfer, Paypal and Bitpay appear to be the payment options...
Twh
newbie
Activity: 41
Merit: 0
Yes, it also appears you can no longer pre-order...

The site has 'add to cart', and 'checkout' functions, but adding to cart is not quite functioning yet...
Indeed, it has a few flaws. I suppose they want to open orders sometime around the open days.
hero member
Activity: 532
Merit: 500
Front page has had one of the three sliders how images removed, though the Mars prototype picture is there.

FAQ harps had an update, mentioning ex-VAT in pricing and office location (the same as the ORSoC Stockholm HQ);

KnCMiner AB
Regeringsgatan 111
111 39 Stockholm, Sweden
Org number: 556931-9725
hero member
Activity: 532
Merit: 500
Is the Mars unit gone from their pages? It's not showing up on my end.
https://www.kncminer.com/categories/miners

Yes, it also appears you can no longer pre-order...

The site has 'add to cart', and 'checkout' functions, but adding to cart is not quite functioning yet...
full member
Activity: 226
Merit: 100
Is the Mars unit gone from their pages? It's not showing up on my end.
https://www.kncminer.com/categories/miners

Yep, same here. I guess only a limited number of units are needed to add confidence that they are serious...
Twh
newbie
Activity: 41
Merit: 0
Is the Mars unit gone from their pages? It's not showing up on my end.
https://www.kncminer.com/categories/miners
hero member
Activity: 532
Merit: 500
qq: what is Sam's Email? The one of the site (info@...?)

It's on everyone of his recent posts. Wink
hero member
Activity: 714
Merit: 500
qq: what is Sam's Email? The one of the site (info@...?)
Twh
newbie
Activity: 41
Merit: 0
Dude, there's also ASICminer for sure, potentially Bitfury as well.

BTC price I see floating between $100 and €100. Until they break through another psychologically important milestone. Perhaps --> ASICs --> more confidence investing in the currency because of a more secure and efficient network --> more vendors and merchants excepting the money transfer --> consumer confidence/interest --> etc.
I know about those two, but neither of those will have as big of an impact as BFL would if they actually fulfilled a large portion of their orders. Of course saying that that's highly unlikely is an understatement.

I don't really expect ASICs to increase confidence though, if anything, the relative stability of the btc price might do it. Of course, if nothing horrible happens in the coming months to bitcoin, it's definitely not going to drop too much either way.
hero member
Activity: 532
Merit: 500
@10,000 chips per group buy that = a potential 76 group buys!!!

Jspielberg was the forum member that confirmed this...
I'd assume about 200-400k are from group buys and another 150k from companies that plan to sell assembled units with a 200% profit margin.
Isn't it irrelevant though? We know that there are 760k chips being made and added to the network around August, that's all that matters when making projections. What is much more of an issue is whether BFL ships and to what ends; additionally if there are any other manufacturers/groups working in the background that add a lot of units.
I tried calculating ROI with 100 and 200m difficulty, that's where I expect it to be around October; but then it's all worthless anyway, it's pretty much impossible to project ROI since the price is going up and down all the time and the smallest news leave a huge impact. You can make estimates of difficulty but by the time KnCMiner ships the BTC price could be anywhere between $.1 and $600, and this is true all the same after you receive the miner, but it has an even worse effect; if BTC crashes then, you have no possibility of getting your money back.

Dude, there's also ASICminer for sure, potentially Bitfury as well.

BTC price I see floating between $100 and €100. Until they break through another psychologically important milestone. Perhaps --> ASICs --> more confidence investing in the currency because of a more secure and efficient network --> more vendors and merchants excepting the money transfer --> consumer confidence/interest --> etc.
legendary
Activity: 2408
Merit: 1004
I have a small number like 5@@ if someone want I can sell it
Twh
newbie
Activity: 41
Merit: 0
@10,000 chips per group buy that = a potential 76 group buys!!!

Jspielberg was the forum member that confirmed this...
I'd assume about 200-400k are from group buys and another 150k from companies that plan to sell assembled units with a 200% profit margin.
Isn't it irrelevant though? We know that there are 760k chips being made and added to the network around August, that's all that matters when making projections. What is much more of an issue is whether BFL ships and to what ends; additionally if there are any other manufacturers/groups working in the background that add a lot of units.
I tried calculating ROI with 100 and 200m difficulty, that's where I expect it to be around October; but then it's all worthless anyway, it's pretty much impossible to project ROI since the price is going up and down all the time and the smallest news leave a huge impact. You can make estimates of difficulty but by the time KnCMiner ships the BTC price could be anywhere between $.1 and $600, and this is true all the same after you receive the miner, but it has an even worse effect; if BTC crashes then, you have no possibility of getting your money back.
legendary
Activity: 1148
Merit: 1018
it's been discussed countless times but there's going to be at least a tripling of hashrate before these units would arrive, maybe even 5x or higher (~262 TH/sec total from asicminer, and ~220 Th/sec from avalon chips, plus avalon batch units, plus whatever else)

Triple is nothing. At the current price/GHs you would do a HUGE profit with a Jupiter if the difficulty only went x3 by the moment you get it.

As it's scheduled for September/October, I would consider a difficulty of at least 70 million, and then an increase of at least x100 in the following 12 months (and I wouldn't be surprised by x300...)

If then diff. is any lower than that, better for everybody, but running simulations with anything lower 70m in October and x100 increase in the following 12 months is just absurd wishful thinking IMO.

To be honest, my concerns are the unknown identities Yifu mentioned in the background we don't know about.

Private equity that may have started development in February that we won't know about until they come online.

That is why it is so important we have as much legitimate competition in the open ASAP.

The Bitsyncom bulk chip purchase wallet had enough Bitcoins for 760,000 Avalon chips at their resale price last week.

We only know of a handful of 10k purchases from this forum alone. Who else are they selling to??
Um there are a shit load of group orders spread across maybe a dozen people, i haven't run the numbers but I think more chips are accounted for as open buys than as not

@10,000 chips per group buy that = a potential 76 group buys!!!

Jspielberg was the forum member that confirmed this...

There were group buy who did multiple orders (I think one of those did as much of 7 or 8 orders)... And you can b sure that the vast majority of the individuals who bought the chips for their own use are not advertising it on the forums.
hero member
Activity: 532
Merit: 500
it's been discussed countless times but there's going to be at least a tripling of hashrate before these units would arrive, maybe even 5x or higher (~262 TH/sec total from asicminer, and ~220 Th/sec from avalon chips, plus avalon batch units, plus whatever else)

Triple is nothing. At the current price/GHs you would do a HUGE profit with a Jupiter if the difficulty only went x3 by the moment you get it.

As it's scheduled for September/October, I would consider a difficulty of at least 70 million, and then an increase of at least x100 in the following 12 months (and I wouldn't be surprised by x300...)

If then diff. is any lower than that, better for everybody, but running simulations with anything lower 70m in October and x100 increase in the following 12 months is just absurd wishful thinking IMO.

To be honest, my concerns are the unknown identities Yifu mentioned in the background we don't know about.

Private equity that may have started development in February that we won't know about until they come online.

That is why it is so important we have as much legitimate competition in the open ASAP.

The Bitsyncom bulk chip purchase wallet had enough Bitcoins for 760,000 Avalon chips at their resale price last week.

We only know of a handful of 10k purchases from this forum alone. Who else are they selling to??
Um there are a shit load of group orders spread across maybe a dozen people, i haven't run the numbers but I think more chips are accounted for as open buys than as not

@10,000 chips per group buy that = a potential 76 group buys!!!

Jspielberg was the forum member that confirmed this...
sr. member
Activity: 322
Merit: 250
it's been discussed countless times but there's going to be at least a tripling of hashrate before these units would arrive, maybe even 5x or higher (~262 TH/sec total from asicminer, and ~220 Th/sec from avalon chips, plus avalon batch units, plus whatever else)

Triple is nothing. At the current price/GHs you would do a HUGE profit with a Jupiter if the difficulty only went x3 by the moment you get it.

As it's scheduled for September/October, I would consider a difficulty of at least 70 million, and then an increase of at least x100 in the following 12 months (and I wouldn't be surprised by x300...)

If then diff. is any lower than that, better for everybody, but running simulations with anything lower 70m in October and x100 increase in the following 12 months is just absurd wishful thinking IMO.

To be honest, my concerns are the unknown identities Yifu mentioned in the background we don't know about.

Private equity that may have started development in February that we won't know about until they come online.

That is why it is so important we have as much legitimate competition in the open ASAP.

The Bitsyncom bulk chip purchase wallet had enough Bitcoins for 760,000 Avalon chips at their resale price last week.

We only know of a handful of 10k purchases from this forum alone. Who else are they selling to??
Um there are a shit load of group orders spread across maybe a dozen people, i haven't run the numbers but I think more chips are accounted for as open buys than as not
hero member
Activity: 532
Merit: 500
it's been discussed countless times but there's going to be at least a tripling of hashrate before these units would arrive, maybe even 5x or higher (~262 TH/sec total from asicminer, and ~220 Th/sec from avalon chips, plus avalon batch units, plus whatever else)

Triple is nothing. At the current price/GHs you would do a HUGE profit with a Jupiter if the difficulty only went x3 by the moment you get it.

As it's scheduled for September/October, I would consider a difficulty of at least 70 million, and then an increase of at least x100 in the following 12 months (and I wouldn't be surprised by x300...)

If then diff. is any lower than that, better for everybody, but running simulations with anything lower 70m in October and x100 increase in the following 12 months is just absurd wishful thinking IMO.

To be honest, my concerns are the unknown identities Yifu mentioned in the background we don't know about.

Private equity that may have started development in February that we won't know about until they come online.

That is why it is so important we have as much legitimate competition in the open ASAP.

The Bitsyncom bulk chip purchase wallet had enough Bitcoins for 760,000 Avalon chips at their resale price last week.

We only know of a handful of 10k purchases from this forum alone. Who else are they selling to??
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