Quote from: wtfvanity on October 14, 2013, 02:16:55 PM

Quote from: The Avenger on October 14, 2013, 12:27:42 PM

Also, very interesting, from main KNC thread:

Quote from: arlekyn13 on October 14, 2013, 12:22:10 PM

It is really easy for anyone to prove that the DETERMINING FACTOR into their purchase was the KNC statement posted on frontpage on their website that the orders will be delivered until Oct 15th. If KNC knew they would be late, that would mean they intentionally used false information in order to increase sells, which could probably incur really high fines or other penalties, going to criminal charges against company execs and their business licence being revoked. If they can prove they were really expecting to complete deliveries by Oct 15th and did all due diligence to accomplish that, they'd still have to compensate customers and/or fully refund their orders.
KNC is in no position to play fool now and they better choose their words VERY carefully when communicating next time with their customers.

All kinds of internet lawyers lurking aren't there? Only thing more prevalent than lawyers on forums, is assholes.

Look, just before KNC the only really viable miner was Avalon batch#3. It took them 3 months to deliver with all their previous experience with batches 1 and 2 and when it finally arrived the hash rate was approx. 25% better than anticipated. Compare that with KNC with all the pros and cons and KNC is not doing so bad at all.

Reality check: if another company were to have produced a miner 2X-3X as fast for half the price and 1 month delivery from the time you pre-ordered, there would be so many units mining already the difficulty would be way, but way higher so likely about same profitability in the end! Many here are the asses following the carrot. I'm in for the fun and who knows perhaps make some if the dollar crashes in relation to the BTC and possibly gold as some of my BTC is going to gold. I really don't expect to become a millionaire but there is also a little hope, right? Part of the fun.

J/