Swedish ASIC miner company kncminer.com - page 265.

pedrosoft

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Quote from: poodle63 on September 01, 2014, 11:43:15 AM

As predict, bitcoin might ramp again over 1000usd by Q4 or next January, 4 bitcoin will worth 4000usd, then with in 4 months, that will double investment again, but that's kind of gambaling.

in that case it's better buy and hold.

If you decide to buy this service I think you should use fiat

poodle63

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Leading Crypto Sports Betting & Casino Platform

As predict, bitcoin might ramp again over 1000usd by Q4 or next January, 4 bitcoin will worth 4000usd, then with in 4 months, that will double investment again, but that's kind of gambaling.

pedrosoft

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Quote from: dekodoge on September 01, 2014, 11:24:00 AM

Quote from: pedrosoft on September 01, 2014, 11:19:29 AM

I think that knc is going crazy. Concracts are too expensive and for a limited time !

https://www.kncminer.com/products/1ths-of-bitcoin-mining-for-6-months

How the fuck with that ROI?

4 bitcoins for 1 tera/hash for only 6 months. I think that ROI (with all calculators) is impossible

dekodoge

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Quote from: pedrosoft on September 01, 2014, 11:19:29 AM

I think that knc is going crazy. Concracts are too expensive and for a limited time !

https://www.kncminer.com/products/1ths-of-bitcoin-mining-for-6-months

How the fuck will that ROI? (edited)

pedrosoft

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I think that knc is going crazy. Concracts are too expensive and for a limited time !

https://www.kncminer.com/products/1ths-of-bitcoin-mining-for-6-months

poodle63

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So, may be KNC would like to convert physical miner to cloud miner for whom on the waiting list, am I day drameing again?

s1gs3gv

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ex uno plures

https://twitter.com/kncminer/status/506428438539165697/photo/1

nightengale

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According to KnC twitter, Titan chips are back.

s1gs3gv

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Quote from: dropt on August 31, 2014, 06:37:19 PM

As to who offers: Bitfinex, BTC.sx, PLus500, and others I'm sure.

Didn't Bitfinex experience some issues with slippage on a recent short squeeze ?

Thin markets are damned risky to be short - this isn't a strategy I would recommend to the inexperienced ...

s1gs3gv

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ex uno plures

Quote from: dropt on August 31, 2014, 04:19:13 PM

What makes you think that some of us aren't massively profiting from these price drops?

What makes you think I don't ?

dropt

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Quote from: RoadStress on August 31, 2014, 04:46:50 PM

Quote from: dropt on August 31, 2014, 04:19:13 PM

What makes you think that some of us aren't massively profiting from these price drops?

For some of those shorting, a drop to $100 could spell instant retirement.

How does shorting works? I mean if you just sell the BTC you gain nothing. It works like in a forex where you open a sell order and when the price goes down then you make money? How many providers offers such services?

Sort of. I borrow 100BTC from someone and sell it for $500/BTC. Now I have $50,000 and 0BTC, but I owe that 100BTC back. Let's say USD/BTC now drops down to $100/BTC. I buy 100BTC, now I have 100BTC and $40,000. I give the 100BTC back to the person I borrowed from and keep the $40,000 for myself (or convert that $40,000 to BTC at $100/BTC and keep that).

There's quite a bit more to it, but that's the basic idea.

As to who offers: Bitfinex, BTC.sx, PLus500, and others I'm sure.

RoadStress

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Quote from: dropt on August 31, 2014, 04:19:13 PM

What makes you think that some of us aren't massively profiting from these price drops?

For some of those shorting, a drop to $100 could spell instant retirement.

How does shorting works? I mean if you just sell the BTC you gain nothing. It works like in a forex where you open a sell order and when the price goes down then you make money? How many providers offers such services?

dropt

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Quote from: s1gs3gv on August 30, 2014, 04:07:40 PM

What does it feel like to live thru the mania of the waning days of BTC after that rush of a spike from nothing to 1200 bucks got eveybody's blood rushing ? Are you having fun yet ?

If you think this is bad, wait till BTC hits 100 bucks again

What makes you think that some of us aren't massively profiting from these price drops?

For some of those shorting, a drop to $100 could spell instant retirement.

Unacceptable

legendary

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Quote from: s1gs3gv on August 30, 2014, 04:07:40 PM

What does it feel like to live thru the mania of the waning days of BTC after that rush of a spike from nothing to 1200 bucks got eveybody's blood rushing ? Are you having fun yet ?

If you think this is bad, wait till BTC hits 100 bucks again

I hate to say it.....but I've been hoping for this for 6 months.It's the only way to get rid of the commercial miners Roll Eyes

aasl

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Quote from: Pt0x on August 29, 2014, 05:45:35 PM

OMG!! Thank you very much for posting this info.
I asked about this on their forum, but never got a response.
At least, now I know.

Quote from: smoothrunnings on August 29, 2014, 08:04:27 AM

I just got confirmation from KNC Miner this morning that for those who orders the B1 and B2 Neptune's their 2nd free Neptune's value will be marked at $1000 USD. So if you have to pay customs in you country you are screwed, like me! lol

Anna (kncminer)
Aug 29 11:09

Hello SmoothRunnings,

The bonus miner will be shipped with declared value 1000 USD.

We cannot make it lower because after investigation on this matter it came out that customs will not let the product through if the mentioned price is lower, or will ban us for the future deliveries.

Best regards |
Med vänlig hälsning
Anna Jagdhar

Kncminer
www.kncminer.com
Office: +46 8559 253 20

OMG! I paid ~USD$1400 as tax for my batch 1 Neptune...

s1gs3gv

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What does it feel like to live thru the mania of the waning days of BTC after that rush of a spike from nothing to 1200 bucks got eveybody's blood rushing ? Are you having fun yet ?

If you think this is bad, wait till BTC hits 100 bucks again

Micky25

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http://forum.kncminer.com/forum/off-topic/humor/55906-scandinavian-companies-team-up-to-dominate-mining-scene

user27

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Quote from: RobFordWotWot on August 29, 2014, 11:09:09 PM

I'm not aware of Dell's official failure rates but .3% doesn't sound unreasonable.

If they did have 1 in 300 fail in one specific way they would at least acknowledge the problem and fix it; then again Dell care if their customers come back.

Quote from: dropt on August 29, 2014, 11:13:20 PM

Even if that's an accurate number of returns to KnC, imagine the number of people who aren't interested in paying for and waiting for shit to ship to Sweden, to be fixed, and then shipped back. If you're competent enough with a soldering iron you can have new plugs the next day delivered from Digikey, or solder some leads right to the board.

Exactly, those who can't spare the hashing time or money in addition to those who have preempted the failure and taken action before it happens. I tried the stock setup with high quality 16AWG and 2/5 sockets failed thus far.

u27

dropt

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Quote from: user27 on August 29, 2014, 09:49:30 PM

KfC told me that they have had 0.3% of cubes returned due to burnt out power sockets; I call that acknowledging there is a problem. Given that most people will have done a work around, soldered wires to board, splitter cables and so on the returns are still around 1/300 units.

Can you imagine if 1 in 300 Ford's was burning up due to a design fault? Or 1 in 300 Dell computers?

u27

Even if that's an accurate number of returns to KnC, imagine the number of people who aren't interested in paying for and waiting for shit to ship to Sweden, to be fixed, and then shipped back. If you're competent enough with a soldering iron you can have new plugs the next day delivered from Digikey, or solder some leads right to the board.

RobFordWotWot

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time

Quote from: user27 on August 29, 2014, 09:49:30 PM

KfC told me that they have had 0.3% of cubes returned due to burnt out power sockets; I call that acknowledging there is a problem. Given that most people will have done a work around, soldered wires to board, splitter cables and so on the returns are still around 1/300 units.

Can you imagine if 1 in 300 Ford's was burning up due to a design fault? Or 1 in 300 Dell computers?

u27

That's a bit of a straw-man. Nobody is dying from burnt out power sockets unless their building happens to catch fire: which anybody could and should prepare for.

I'm not aware of Dell's official failure rates but .3% doesn't sound unreasonable.

The biggest issue towards customer satisfaction is undeniably delivery date. Consistently missing shipping projections will hemorrhage returning customers: arguably irrelevant to their business model.

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