Swedish ASIC miner company kncminer.com

[cognoscente]

KNC is sold out.
Translation:  We got ours.  F you.

[Bargraphics]

KNC is sold out.
Translation:  We got ours.  F you.

Translation: "You're Too Slow"

[CYPER]

Just spoke to them mainly about when I can go to pick them up as I don't fancy on paying last minute ticket prices. I really hope they give me at least 1 day notice, so I am the first one to get them to hash 
The lady on the phone (one of the new I assume) was very reserved on giving any details and couldn't even tell me if its more likely to happen this week or next week. So for the time being we just wait

In regards to shipping she told me that the original shipping price for the Jupiter was subsidized by them, because it costs more to send.
And the current shipping price for the Upgrade modules is in fact the real actual price of UPS.
She said that each Upgrade module is being shipped separately in its own box with its own tracking number and it weights around 300g.
So the reason you pay $60 per module is they are not going to ship them as one package and save on posting.

[btc_uzr]

KNC is sold out.
Translation:  We got ours.  F you.

Translation: "You're Too Slow"

No, Sonic does not even have a chance....for upgrade modules you need our old friend Road Runner 

[idee2013]

KNC is sold out.
Translation:  We got ours.  F you.

Translation: "You're Too Slow"

No, sonic does not even have a chance....for upgrade modules you need our old friend Road Runner

:-) loooool ...good one

[CYPER]

KNC is sold out.
Translation:  We got ours.  F you.

Translation: "You're Too Slow"

No, Sonic does not even have a chance....for upgrade modules you need our old friend Road Runner

[fubly]

thank you all very much for the feedback of my question.

Today is my first day of october delivery with 550 Gh/s.

I´m happy that the calc on the genesis block shows not the real estimated diff.

Thanks Bitcoinorama, for your clear answer, now i understand it a little bit better.


My thought / calculation is:

The price for one oz gold >= the cost for mining it,
also the price for one btc will not be lower than the price to mine it.

Thinking about an 90 day break even point (bep). Every BTC after bep is your roi

5500 USD cost 500 Gh/s = +- 8 to 9 BTC within this time (start mining dec 2013)

5500 USD / 9 BTC = 611 USD per BTC in march 2014.

For this! To all BTC owner´s: "Don´t sell it under 600 USD!"

As more people own BTC which only speculate with it, as harder it will be to fix the price on the next level.



Sorry my english, i´m only an stupid spanish german

[RoadStress]

Nevertheless, we will see (at the time KnC's second generation will see the light) around April/May 2014 a total network of around 20 PH.  When the first Jupiters were send to us, network was about 3 TH and you could mine in its first days about 1 BTC for a 7000 dollar investment.  Mapping this to April/May, I hope that KnC releases a second-gen product capable of 4000 Gh/s for 7000 dollar to make the same ROI as we are making now.....ROI, which isn't there yet in BTC-terms at all (only in dollar terms).

Let's see if KnC can "over deliver" again...... but a 4000 Gh/s product wouldn't be easy.  Still, I have high hopes!

The mining revenue and ROI are weaker and weaker every day it passes and every GH/s that is added. We will never have again the earnings like in Avalon B1 units, never like in Avalon B2 units, never like in KnC Batch 1 units, never like in KnC Batch 2 and so on... You get the point. Who says that by over delivering in Gen2 products they have to have the same ROI as in Gen1 Batch 1 units? Over delivering means they promise 250GH/s and they deliver 550GH/s, not by promissing ROI. Your way of thinking is weird.

[Elenelen]

Nevertheless, we will see (at the time KnC's second generation will see the light) around April/May 2014 a total network of around 20 PH.  When the first Jupiters were send to us, network was about 3 TH and you could mine in its first days about 1 BTC for a 7000 dollar investment.  Mapping this to April/May, I hope that KnC releases a second-gen product capable of 4000 Gh/s for 7000 dollar to make the same ROI as we are making now.....ROI, which isn't there yet in BTC-terms at all (only in dollar terms).

Let's see if KnC can "over deliver" again...... but a 4000 Gh/s product wouldn't be easy.  Still, I have high hopes!

The mining revenue and ROI are weaker and weaker every day it passes and every GH/s that is added. We will never have again the earnings like in Avalon B1 units, never like in Avalon B2 units, never like in KnC Batch 1 units, never like in KnC Batch 2 and so on... You get the point. Who says that by over delivering in Gen2 products they have to have the same ROI as in Gen1 Batch 1 units? Over delivering means they promise 250GH/s and they deliver 550GH/s, not by promissing ROI. Your way of thinking is weird.

No, it's not so weird...  With current prices and network-hashrate's near-term forecasts, it's currently hardly valid to invest in a Miner (much better to buy BTC instead).  Still we all have bought our Jupiter to join this game (and risk a loss).  In 4 months time we (as miners) will have to answer the same question: buy a next generation KnC-miner, or put our money into BTC directly (or keep it there).  If they offer a product with the same (not so well) prospects on ROI as it is today, then Yes I will buy a next generation Miner (because I like to mine, and like to gamble the ROI).
But with a forecasted network of 20Th, this implies a huge Miner for a low price.... which I can only hope KnC can deliver (if not: more Miners like me, will stop, which isn't good for the network at all).

[ASIC-K]

hmm, waking up to another price increase is nice.

[vesperwillow]

I missed the module information, how much was it, and what was the speed?

in case any pop up on ebay that I can grab lol ..

[ASIC-K]

I missed the module information, how much was it, and what was the speed?

in case any pop up on ebay that I can grab lol ..

140 ghs for 950 bucks....

[btc_uzr]

I missed the module information, how much was it, and what was the speed?

in case any pop up on ebay that I can grab lol ..

https://asktom.cf/index.php?topic=170332.msg3558323#msg3558323

[Elenelen]

hmm, waking up to another price increase is nice.

Just look at this video, why current prices are just the beginning and in a quite normal way as well:
http://www.youtube.com/watch?v=qHUPPYzzZrI

[helmax]

for the price rise is necessary transactions right?
Why save the bitcoin we need make many transactions

[ASIC-K]

since i couldn't get any upgrade modules, Ive got a few bit coins i want to throw in cold storage, anyone know the best way to do this? i.e.. using a usb drive and putting in a safe somewhere? etc....

[vesperwillow]

I missed the module information, how much was it, and what was the speed?

in case any pop up on ebay that I can grab lol ..

140 ghs for 950 bucks....

Thanks.. man that's not too bad of a price to double a mercury's speed =/

[vesperwillow]

since i couldn't get any upgrade modules, Ive got a few bit coins i want to throw in cold storage, anyone know the best way to do this? i.e.. using a usb drive and putting in a safe somewhere? etc....

Cold cold storage? Paper wallet, in a ziplock bag, inside of a small otterbox, inside of a fireproof vault.

Orrr, paper wallet inside of a steel tube sealed at both ends.

Or just a paper wallet in a ziplock hidden away somewhere, if you don't want the other security.

[markm]

If bitcoin is only worth six hundred and some dollars next spring that would be very disappointing.

It needs to be worth thousands if it is ever to be actually used for real other than by some tiny clique. I have constantly been amazed at how long it managed not to go up into the thousands. Hopefully we have finally reached the start of the adoption curve...

-MarkM-

[CYPER]

since i couldn't get any upgrade modules, Ive got a few bit coins i want to throw in cold storage, anyone know the best way to do this? i.e.. using a usb drive and putting in a safe somewhere? etc....

Armory wallet.