Topic: Swedish ASIC miner company kncminer.com - page 711. (Read 3050075 times)

Comparing KnC to a company in a wealthy section of NY.  Old money had a few good sized companies which evolved from earlier businesses.  The printed circuit board company was a large employer, was cutting edge and not adverse to spinning off technologies.  It spun off a printed motor/motor control company, a multiwire circuit board company, and opened a large branch of its main business, printed circuit boards, in the south where it became the largest employer in the county in an upper scale community.  Competition from Asia not too many years back forced the closing of the PCB branch in the south followed not long after by the main PCB company in NY leaving the printed motor/motor control business, the multiwire having closed years before as an uneconomical competitor of mutilayer.  The main buildings both in the north and south now sit essentially empty.  The closing of the facility in the south was a harbinger of the northern main facility closing.  KnC might open another, less expensive to run, facility near the Cloudhashing farm for the cheaper power.  Both will run for a while then the distant facility will fold due to inexpensive competition from Asia then the main facility will fold.  A manufacturing business has to be manufacturing and selling product to stay alive, making money while the sun shines.

www.redstarmining.com - may be offering US based hosting.  Please register any interest in this thread - https://bitcointalksearch.org/topic/m.4573370

Submitted my refund request for the Neptune last night. Love KnC very much and was very happy with my Jupiter, but with the dark horses and apparent venture capital flowing into the mining industry, I'm too much of a small fry to stomach the risk. I don't think ASICs and centralization of mining will kill Bitcoin, it just leaves the door open for other cryptos that are more ASIC resistant to become a strong second. Best to you all.

I intend to pursue the following strategy: buy BTC on dips for long term savings (got a bunch already) and use "mined" BTC for purchases and/or transfer back into fiat. This way, even if difficulty increases together with BTC price, i would be OK with smaller ## of BTC mined. IF difficulty increases, but BTC stagnates it would be a bummer, and if difficulty skyrockets and BTC plunges, then there will be a lot of unhappy people here.

faetos..anotherhost is just co-location service, not a full service like KNc hosting. What if you need a new part? they are only open 8-5 like a bank. Perhaps this is not correct info, but that's what I got on their website. In addition, since they ask for 1BTC deposit and say that it is essentially first month, cost would be ~$800/mo in my calc since electricity is 27c/kw in sweden.
BTW, did you really refunded all your Neptune preorders. I have two, and was thinking doing the same for at least one.

There's a Swedish outfit bitcoin.anotherhost.se that is taking "pre-orders" on neptune hosting for 1 btc deposit. They seem to be a solid outfit.  I've never used them, but have heard good things about that crew and their service.

What general area of the U.S. are you in?

I have 4 neptunes on order from the previous customer batch.    At this point, they still look like a solid purchase.   Each one was around 10BTC.   I have no idea how the hell I am going to power them and hope that some hosting options open up.   I'm sure I can get an electrician in and things will work out but at this point, I don't have a plan for that.

https://bitcointalk.org/index.php?topic=313978.new#new

Speaking of which, is there a link to a good source for overclocking mercury's? I presume same as others, but I can't find the links in this chatlog of a forum thread.

I guess if they sold modules for 1BTC now and you overclock them a bit they pay for themselves in about a month..  but if they wait 3 more weeks it would probably take 4 months to make your money back

ANTMiners are still shipping, large batch was yesterday, they're constantly taking orders.

I have no doubt KNC will open up something soon, perhaps the last month of silence they've been working on bringing parts in for their "in stock" fire sale of stuff to support their NPS.

game of thrones sarcasm i think 

I'll make more by just buying btc. who knows when these will ever be delivered? They're still designing them.

And why you cancel it
..?

1st batch.

what batch was the order that you had cancel?

yes, on both of my orders. going to buy btc with it instead.

also any news when will be for sell the upgraded module???

I too assume they will be as prompt as possible...it is all the other equip makers dumping at the same time not to mention the clones worldwide that has me scratching my head