Swedish ASIC miner company kncminer.com

[WastedLTC]

just when I thought this thread would slow down...  HAHA.    Glad I came back after 2 weeks but now I just need to wait for Q1/Q2.

[FeedbackLoop]

Lol i get 255$ for UPS in EU, how many gets USA folks
 
And yes there is only btc payment, no way

There is bank transfer but they provide no re-assurance that you will keep your place in line with that option. One would assume from the last time that it is the case though.

Where did you read that? Did you call them ?

page:
"Payment for this product is bitcoins and bank transfer only."

email:
"For Bank Transfers

In the reference please add your order number only (no product name) so we can track your payment
Payment must be in USD or EUR using the exchange rate found below. (Use correct IBAN).
Please use the following details:
Bank Name: SEB (Skandinaviska Enskilda Banken)

Account Name: KnCMiner AB

IBAN (USD): SE325000000..."


The place in line is like I said. I would assume so but they didn't state directly. A Fiat transfer takes longer than a BTC transfer.

[600watt]

oh.... here goes another 1000 pages of:  THIS IS A SCAM; DON`T BUY.  

i can tell you being a day 1 jupiter costumer this was a very good deal. 23% roi in btc, and a shitload of cash in $.

[vesperwillow]

oh.... here goes another 1000 pages of:  THIS IS A SCAM; DON`T BUY.  

i can tell you being a day 1 jupiter costumer this was a very good deal. 23% roi in btc, and a shitload of cash in $.

Everyone knew Jupes were going to ROI, that was a given.

[Sitarow]

For those that wish to use a re-seller account.

Make sure you are logged in on your account before ordering.

Then you would follow the link provided from the given re-seller.

https://www.kncminer.com/?resellerid=619

[MikeyVeez]

PM if you want to order Neptune as I can order them. I have done this with someone before for Saturn, everything will go under your name.

[chrono030]

oh.... here goes another 1000 pages of:  THIS IS A SCAM; DON`T BUY.  

i can tell you being a day 1 jupiter costumer this was a very good deal. 23% roi in btc, and a shitload of cash in $.

I am at about 80% BTC ROI from my day 1 jup.  I was probably on of the first people in the US to get it too...  That said, I just don't see this unit being a good deal with the math I am running.  They would have to deliver 3.5 TH/s April 1st for it to have a shot of getting ROI by mid september.

[sickpig]

Lol i get 255$ for UPS in EU, how many gets USA folks
 
And yes there is only btc payment, no way

There is bank transfer but they provide no re-assurance that you will keep your place in line with that option. One would assume from the last time that it is the case though.

Where did you read that? Did you call them ?

page:
"Payment for this product is bitcoins and bank transfer only."

email:
"For Bank Transfers

In the reference please add your order number only (no product name) so we can track your payment
Payment must be in USD or EUR using the exchange rate found below. (Use correct IBAN).
Please use the following details:
Bank Name: SEB (Skandinaviska Enskilda Banken)

Account Name: KnCMiner AB

IBAN (USD): SE325000000..."


The place in line is like I said. I would assume so but they didn't state directly. A Fiat transfer takes longer than a BTC transfer.

sorry but I don't think the text you quote implies "no re-assurance that you will keep your place in line with that option", am I missing something obvious?

[ecliptic]

Buying this now with BTC locks you in at 850$/btc

if the BTC price crashes, you can get a refund

if the price stays the same, get the miner

[sickpig]

Buying this now with BTC locks you in at 850$/btc

if the BTC price crashes, you can get a refund

if the price stays the same, get the miner

you forgot to mention the third scenario: BTC at 2K$ by the time you get your Neptune...

[chrono030]

Buying this now with BTC locks you in at 850$/btc

if the BTC price crashes, you can get a refund

if the price stays the same, get the miner

That's true, it is sort of like a put option.  You could really use this as a hedge against falling BTC prices. BTC goes to 100 tomorrow? Ask for a refund.

[ecliptic]

Buying this now with BTC locks you in at 850$/btc

if the BTC price crashes, you can get a refund

if the price stays the same, get the miner

you forgot to mention the third scenario: BTC at 2K$ by the time you get your Neptune...

Still makes Money.

[sickpig]

what do you about 30 PH/s estimate for the end of March 2014?

I haven't made my final projections for March yet (not till December), but I wouldn't be surprised. Cointerra's smallest first batch was over 2PH, they opened up 3 more batches since then for even more (i think 5PH each?). If ONLY Cointerra ships, we'll be close to that projection.

As it is, KNC's 2nd gen are about to kick the neighborhood difficulty square in the nuts within days..

thanks for the reply

[Phoenix1969]

oh.... here goes another 1000 pages of:  THIS IS A SCAM; DON`T BUY.  

i can tell you being a day 1 jupiter costumer this was a very good deal. 23% roi in btc, and a shitload of cash in $.

I am at about 80% BTC ROI from my day 1 jup.  I was probably on of the first people in the US to get it too...  That said, I just don't see this unit being a good deal with the math I am running.  They would have to deliver 3.5 TH/s April 1st for it to have a shot of getting ROI by mid september.

It will most likely be closer to 4 or 5 terrahash(a guess..per the news)...I also imagine the timeframe included a nice cushion this time as well......  and who knows how high BTC could be by then....

[FeedbackLoop]

Lol i get 255$ for UPS in EU, how many gets USA folks
 
And yes there is only btc payment, no way

There is bank transfer but they provide no re-assurance that you will keep your place in line with that option. One would assume from the last time that it is the case though.

Where did you read that? Did you call them ?

page:
"Payment for this product is bitcoins and bank transfer only."

email:
"For Bank Transfers

In the reference please add your order number only (no product name) so we can track your payment
Payment must be in USD or EUR using the exchange rate found below. (Use correct IBAN).
Please use the following details:
Bank Name: SEB (Skandinaviska Enskilda Banken)

Account Name: KnCMiner AB

IBAN (USD): SE325000000..."


The place in line is like I said. I would assume so but they didn't state directly. A Fiat transfer takes longer than a BTC transfer.

sorry but I don't think the text you quote implies "no re-assurance that you will keep your place in line with that option", am I missing something obvious?

My text quote was about bank transfer answering to the other guys. The bold was a separate question that you introduced.

They do not give re-assurance. If they do copy paste it. I do want to see it.

[vesperwillow]

Buying this now with BTC locks you in at 850$/btc

if the BTC price crashes, you can get a refund

if the price stays the same, get the miner

That's true, it is sort of like a put option.  You could really use this as a hedge against falling BTC prices. BTC goes to 100 tomorrow? Ask for a refund.

..and you've lost the chance to sell off the BTC on a high note, and are now holding it at 8x the market rate. May as well just keep your place in line and auction your miner.

[vesperwillow]

oh.... here goes another 1000 pages of:  THIS IS A SCAM; DON`T BUY.  

i can tell you being a day 1 jupiter costumer this was a very good deal. 23% roi in btc, and a shitload of cash in $.

I am at about 80% BTC ROI from my day 1 jup.  I was probably on of the first people in the US to get it too...  That said, I just don't see this unit being a good deal with the math I am running.  They would have to deliver 3.5 TH/s April 1st for it to have a shot of getting ROI by mid september.

It will most likely be closer to 4 or 5 terrahash(per the news)...I also imagine the timeframe included a nice cushion this time as well......  and who knows how high BTC could be by then....

Like I said above, I have no doubt it'll be 6TH.

Can't power it without extra subpanels.

[jelin1984]

I can not understand why my account can not order nupiter?

[Phoenix1969]

oh.... here goes another 1000 pages of:  THIS IS A SCAM; DON`T BUY.   

i can tell you being a day 1 jupiter costumer this was a very good deal. 23% roi in btc, and a shitload of cash in $.

I am at about 80% BTC ROI from my day 1 jup.  I was probably on of the first people in the US to get it too...  That said, I just don't see this unit being a good deal with the math I am running.  They would have to deliver 3.5 TH/s April 1st for it to have a shot of getting ROI by mid september.

It will most likely be closer to 4 or 5 terrahash(per the news)...I also imagine the timeframe included a nice cushion this time as well......  and who knows how high BTC could be by then....

Like I said above, I have no doubt it'll be 6TH.

Can't power it without extra subpanels.

Hehehe, I'm thinking same...

[xstr8guy]

And for those of you comparing early batch Cointerra and HashFast to this deal... those buyer paid a hell of a lot more than 12 BTC for there orders.

No.. $5k for January/Feb/March batches..

I know what they paid in $$ but how much did they pay in BTC when they ordered?  Bitcoin certainly wasn't anywhere near $800.  More like $130-160.  So they would have spent over 30 BTC which is ~$25,000 with current exchange rates.