Swedish ASIC miner company kncminer.com

[jonoiv]

Actually it was a gamble based on different things. I knew atleast one other was going and some coments from orama about all modules ship on same day, pretty sure monday was mentioned. No pre info for pickup customer more than others
My gamble payed off    good luck to all in this ghs war!

Actually I asked for written confirmation Thursday last week when I called. I asked for an email to make sure I don't for nothing.

While you are there, can you ask if there is any new news on Nov orders please if you get a chance.

Web site says 5 to 10 days ... i.e. 10+ days
https://www.kncminer.com/news/news-66

Yer sorry, I was wondering if there was any new news,  that's at least 3 days old

[Mota]

Seriously?! And you think VC wouldn't want a pound of flesh? Or maybe mine for themselves? Pricing was initially based upon covering non recurring engineering costs divisible by interest obtained prior to pitching to ORSoC, which was 1,000+ people, and that's without profit, now it's competitive fair market value. You would be paying more if VC were on board. Dependent on the level of interest there may not be any public sale tendered with VC.

Furthermore if you believe in the social financial project that Bitcoin is, why would you risk a purchase with them? Pay with cash if you are bullish on coin, especially for something you have to wait a period of time for, by that logic it the coin would always assume a greater value, especially when that value is relative to scarcity, and adoption. Increased media interest alone since the ECB/Cypriot cash grab in April is enough to justify that...

Yes. VC would want a share of the company. And the price would have been the same since it's "competitive market value" as you stated. My point is that the profit margin was way too high for a product which was fully funded by the people who invested into said product without quarantees and a hilariously low liability on the companys side. A profit margin for the september orders of about 500-800$ per Jupiter would have been fair; they paid for everything, mind you. In essence KNC as every other asic manufacturer got an interest free loan in the millions and decided to wring some more profit out of the nice people who lend it to them.

[davewr2013]

Just received this UPS notification...

Louisville, KY, United States
11/18/2013
3:47 P.M.   Registered with Clearing Agency. Shipment release pending Clearing Agency review. / Shipment submitted to Clearing Agency, awaiting final release.

I wonder if this means that the modules are in KY or just the Customs paperwork?  If it's actually in the US, that was frickin' quick!

I am speculating that this could be "pre-clearing". I think (speculate) it is too early for physical arrival.

[davewr2013]

Ah it's a sad tale.  My Arctic Freezer i30 went astray.  

Not too many years ago in Tennessee, prisoners in court were sometimes given the choice: a one way ticket to California and never return or jail.

Never attribute to malice -- what incompetence can explain.

As for the last point -- easy call...

[soy]

Ah it's a sad tale.  My Arctic Freezer i30 went astray.  

Not too many years ago in Tennessee, prisoners in court were sometimes given the choice: a one way ticket to California and never return or jail.

Never attribute to malice -- what incompetence can explain.

As for the last point -- easy call...

The one way bus ticket choice ended when California sued Tennessee over the matter and won.

[minternj]

What do you do to get your upgrade modules cooled when they have no place to mount?




That is awesome! Interesting to see the mounting holes line up. Is that an intel fit or AMD?

And what about temps?

Well done that man!

I have a corsair h100 for my intel cpu. the brackets are much more forgiving if you guys are looking for one that fits.\\

[sbfree]

I probably shouldn't be counting other people's money, but since he has been bragging about it. I feel sorry for phoneix who spent about $12K(by today's btc value) for one of his nov jupiters. No wonder he is a bit quiet lately.

yes but think of how many coins his jups will produce....if its more than what he spent in btc, then he will make out like a bandit....

[DeathAndTaxes]

Here another interesting thing, the higher temp issue has nothing to do with how hot the ASIC is, I cool the asics fully with fans on the radiators, and point a fan to the boards, if I take the fan off the boards, the temperature rises and the die #0 issue goes away. 

That is interesting.  It would seem the temp issue is not the core but the non-core board level temp.  Very "weird".

[sbfree]

Guess we shall see Mota...because I'm on an aggressive re-investment strategy....

especially if btc price keeps climbing, our btc buying power increases, so we need less of them to buy a mining rig. which will then more easily return the btc spent on the rig.....my game plan from day 1......

[sickpig]

Here another interesting thing, the higher temp issue has nothing to do with how hot the ASIC is, I cool the asics fully with fans on the radiators, and point a fan to the boards, if I take the fan off the boards, the temperature rises and the die #0 issue goes away. 

That is interesting.  It would seem the temp issue is not the core but the non-core board level temp.  Very "weird".

maybe KnC could start selling new PCBs to October customers since supposedly they fixed this "non-core board temp" in the new design, no?

[Mota]

Guess we shall see Mota...because I'm on an aggressive re-investment strategy....

especially if btc price keeps climbing, our btc buying power increases, so we need less of them to buy a mining rig. which will then more easily return the btc spent on the rig.....my game plan from day 1......

yes. Because producers won't increase the prices accordingly to get more profit margin from you 

[sbfree]

Guess we shall see Mota...because I'm on an aggressive re-investment strategy....

especially if btc price keeps climbing, our btc buying power increases, so we need less of them to buy a mining rig. which will then more easily return the btc spent on the rig.....my game plan from day 1......

yes. Because producers won't increase the prices accordingly to get more profit margin from you 

well knc did price 140Gh/s is US dollars (1k) but only took bitcoin...worked out for me math wise.

[xstr8guy]

Just received this UPS notification...

Louisville, KY, United States
11/18/2013
3:47 P.M.   Registered with Clearing Agency. Shipment release pending Clearing Agency review. / Shipment submitted to Clearing Agency, awaiting final release.

I wonder if this means that the modules are in KY or just the Customs paperwork?  If it's actually in the US, that was frickin' quick!

I am speculating that this could be "pre-clearing". I think (speculate) it is too early for physical arrival.

It was pre-clearing.  Just got an update and it's a departure scan from Stockholm.

[monsieur]

$750? Wtf. even measly 2btcs that I have make me feel filthy rich. time to break out my icarus fpga miner.

[Bitcoinorama]

Seriously?! And you think VC wouldn't want a pound of flesh? Or maybe mine for themselves? Pricing was initially based upon covering non recurring engineering costs divisible by interest obtained prior to pitching to ORSoC, which was 1,000+ people, and that's without profit, now it's competitive fair market value. You would be paying more if VC were on board. Dependent on the level of interest there may not be any public sale tendered with VC.

Furthermore if you believe in the social financial project that Bitcoin is, why would you risk a purchase with them? Pay with cash if you are bullish on coin, especially for something you have to wait a period of time for, by that logic it the coin would always assume a greater value, especially when that value is relative to scarcity, and adoption. Increased media interest alone since the ECB/Cypriot cash grab in April is enough to justify that...

Yes. VC would want a share of the company. And the price would have been the same since it's "competitive market value" as you stated. My point is that the profit margin was way too high for a product which was fully funded by the people who invested into said product without quarantees and a hilariously low liability on the companys side. A profit margin for the september orders of about 500-800$ per Jupiter would have been fair; they paid for everything, mind you. In essence KNC as every other asic manufacturer got an interest free loan in the millions and decided to wring some more profit out of the nice people who lend it to them.

Umm they were priced to clear NRE, they did not foresee the actual interest being greater at the time. Obviously now it's going nuts, but for all the companies with their sales doors open and nothing of any substance to sell anyone for the foreseeable future. They could have easily marked up their prices once Jupiter was proven for the rest of the November batch left to sell. KnC were priced competitively for the current market, but aren't ripping people off claiming they would have and will have a product that doesn't exist and couldn't exist by this time.

[Bitcoinorama]

What do you do to get your upgrade modules cooled when they have no place to mount?

Moar pictures:
[/img]

Are these yours?

[kronut]

I don't know whether to laugh or cry, two modules shipped to me, one left Sweden, the other says "The package was left in a UPS facility.". They forgot to put it on the plane I guess.

Edit : Now both are stuck and never left.

[dimaze]

I don't know whether to laugh or cry, two modules shipped to me, one left Sweden, the other says "The package was left in a UPS facility.". They forgot to put it on the plane I guess.

Same thing happened here - for both my packages!

[paul3]

I don't know whether to laugh or cry, two modules shipped to me, one left Sweden, the other says "The package was left in a UPS facility.". They forgot to put it on the plane I guess.

Edit : Now both are stuck and never left.

Same for me

THE PACKAGE WAS LEFT IN A UPS FACILITY

[ncs0ne]

Great 

EXCEPTION

19.11.2013    0:08    The package was left in a UPS facility.

I love UPS so much..