Topic: Swedish ASIC miner company kncminer.com - page 946. (Read 3050071 times)

Or if anyone wants to "help protect the network", they can use my reseller link and help me get a Neptune, since I can't get one on my own lol

Or use me as i've gone stir crazy over the last few months putting up with crap from everywhere and haven't had one yet...

Not sure why he's blaming Orama for this.. but I do feel where he's coming from (yet, wouldn't blame Orama). I <3 KNC and their quality products, don't get me wrong, but I'm also capable of separating my fandom and calling BS on some stuff. And I'm definitely flagging them right now.

1. They had the capability to limit the modules to just Mercury/Saturn orders, despite claiming otherwise or saying they weren't sure how to handle it. Anyone who runs a database backend to serve a website ordering system, has the capability. If they claim they don't, then something is way off base. They could've simply limited it to Mercury/Saturn purchasers, X number of them for Y amount of time, at Z price, after which they would be available for anyone to purchase.

This would be similar to what they're doing with the Neptune--only previous customers can get them, X number, for Y amount of time, at Z price. The very thing they claim they couldn't do regarding the modules! So.. BS on that.

The reality is they wanted to firesale the units to clear out stock, and be mostly done with the 28nm systems. With such a good rep on fast delivery, they can then say "well hey we're out of our current product.. so PREORDER with us for our even BETTER product", and folks will bite that fishook.

2. They talk about protecting the network.. but really? I'm flagging that. In reality, it's likely a business move which buys them time to take care of matters on their end (which can be good), and provides them a get-out-of-jail-free card with regard to selling "from stock/off the shelf". This is a key point. Protecting the network is all about ADDING hashrate, not witholding it.

What they're ACTUALLY doing is trying to prevent the BFL Bugger, where so many orders are being shipped that some people get their equipment and it doesn't even mine anything due to such a high difficulty.

That's not protecting the network, that's covering their ass so they don't get bad reviews similar to BFL.

Anyone who understands mining would know that withholding hashrate isn't protecting the network, it's just helping keep the difficulty down so you can profit from mining (KNC mines also, keep that in mind).

Anyhow.. I have confidence they can pull off the 20nm stuff, and their designs are without equal right now, but I just think they burned a few bridges in order to open up a few pathways to the industrial side of mining. In the longrun, it will be professionally hosted sites and industrial-based home setups which will carry bitcoin. It's clear KNC is positioning themselves to be the #1 hardware supplier of those customers, and is leaving the consumer/foundational miner behind.

Anyone who doesn't see that, has blinds over their eyes.

And Orama, I wouldn't be to sharp to say Cointerra's chips are being rated at "maximum" output. There just may be some surprises in store.

Just my .02

if anyone is going to order 1 or 2 kncminer NEPTUNES, I would have you seriously consider Wesly's offer and use his reseller link:

He offers a mighty fair deal! Read about it if you are seriously considering a neptune. Good luck!

https://bitcointalksearch.org/topic/closed-no-new-order-free-240-gh-hashing-when-ordering-a-knc-neptune-348743


his reseller link direct to knc:

https://www.kncminer.com/?resellerid=354

My sentiments exactly!!!

Well that is an interesting point...I found out about bitcoin mining in april (got burnt by bfl) but at least I found out about this. I was pretty bored was gonna burn
elec and put up the old bbs game server for something to do ..figured what the heck eat 60 bucks elec a month for the hobby

so anyway....got a july 1st order knc miner...bitcoin was 80 bucks or so in april was like 150 bucks when I got the miner..figured ..if knc delivered in Dec or so it probably
would take me a year (modest diff rises) to get ROI back and maybe enough change to pay my house utils for 7-9 months....so modest hobby mode

with bfl shaft and such looking at 8519 bucks or so out for this hobby that I "might" get ROI back from BFL fiasco ..but live an learn

so I ordered from the guys via paypal with "line drawings" of their miner (jeez) using cc option to bail out if need be

ok so they came thru

and BTC went from $150 1 month and 8 days since I started mining to what is it now www.mtgox.com $962 bucks ....I made my ROI in 25 DAYS I will have a bit over 25 coin by the end of this month....so yeah no complaints (sheez)

So for those wondering about me mining yeah I coulda/shoulda bought BTC direct.. but back then mining was more hobby mode and 'safer' I was told

anyway to my point
why did I get a Neptune? diff what it may be next year march or so

Well.....I was $8,519 in the hole starting this hobby with the above modest expectaions...if I apply 10k to next years Neptune miner....I have perhaps 32 plus coins out of my current Jupiter (if my math is wrong correct me) lifetime kinda sorta....

well that an't all that much over the top from the leap I took this summer for a modest hobby that was supposed to "tide me over" "for fun" for the next year or so mining etc

and even less risk now in that I will have probably by the time the miner arrives 32 or so BTC coin from this years "leap of faith"

rinse/wash/repeat now BTC could go boom and all the other stuff but again ...except for the world gone mad btc wise and the Asia folks pushing this mining hard....

the risk this year for my bored little hobby attempt is somewhat 'less' of a risk ...even if I mis-judge my Neptune miner

anyway for those who wonder why anyone would buy a miner that far ahead (also KNC seems to deliver)

anyhoo the denial of my mind's way of justifying this (much like getting a bass boat.....no real reason but mining makes me warm and fuzzy inside)

my 2c worth

Searing

Is there somewhere on the site that they post how they are shipping?   On Monday someone posted that they shipped 100 units but I cannot find anything since?
Can you tell us what order number they shipped yesterday or how many per day are going out etc?

Well there is talk of the firmware supporting both units, but identifying one from the other, so in essence there will certainly be differences.

The firmware will be same for october and November units? (The October units doesn't support turbo mode, right?)

@Bitcoinorama, when will be tuning suite/new firmware release?

There is no official line. The buyer is the person who owns the account. Logic dictates that person can alter aspects of the deliver, and cancel the delivery for a refund at will, so if you are entrusting your order with a stranger that a) has absolutely nothing to do with us, and b) you are entrusting your order with a stranger.

You're on your own there mate, KnC will not have anything to do with the order if it goes awry. We are selling to previous customers and to the owner of that associated email account.

Orders will open to gen public in two weeks at $2.5k more. The reward is for previous customers. We would wish to believe they behave with integrity, but will not be held responsible otherwise.

...what?!

and everything todo with the way the contractors designed the automated system, and the ball ache with interrupting the chain of production. In any case it's a mute point as they switched to DHL mid way which they did not have an automated system set up for and began pulling devices manually. Bizarrely when that happened hardly anyone asked for a refund. In any case the FUD being spread about ROI (which is never promised as this is not an investment, it is hardware sales with prices based upon NRE costs - the Bitcoin protocol determines reward - the machines jut process, verify and secure transactions on the network) and making all the fuss about refunds was generally by people intent on starting mass refunds for whatever purpose that may be...

Ok I've literally just tried to tie down a confirmed date. Current indication from the engineers I spoke to is tomorrow. That's based on them testing it, they are happy with the values you can set, but the lead software engineer on that piece of software is not around currently so I won't be held to anything definite. I'm unlikely to see him until tomorrow. So for all intents and purposes all the guys present today are happy with it.

Sry, but NO, because I'm on phone in work mostly, because mercury don't pay all your bill like Jupiter's do, feel free to edit my post

sorry for bothering, but would you mind to use the width property to resize the img you post?

Bitcoinorama, do you have any input from KNC in regards to the fellows trying to sell access to the Neptune order to non-customers? And in line with that, what is the judgement for me, whose is trying to give it away instead, just to keep the money from the pockets of those greedy fellows selling it?

Thx Bitcoinorama 4 nothing, mostly the mercury hash only 80-99Ghas, most of 200 oct boards ended in Jupiter's owners hands, or on ebay, bitmit, marke place and please do don't write like there is only one manufacturer for each part of mainer in world

Which has nothing to do with the fact that they went back on their word to provide refunds right up until your device shipped.