Quote from: Inaba on December 24, 2013, 09:12:52 PM

So, you're saying KNC was lying then? Please explain this quote if I am wrong:

Quote from: kncminer on April 08, 2013, 12:38:55 PM

We are Swedish miners that are producing our own ASIC miners to strengthen the market and avoid monopoly.
Our company kncminer is pleased to announce the opening of a brand new web shop dedicated to the online sale of Bitcoin hardware to the international community, www.kncminer.com.

We will in the upcoming weeks opening our order book to allow the purchase of our first set of ASIC miners. They are in the early stages of development now and will be ready in the summer of 2013 (yes in just a few months)

Let me guess... KNC didn't really post that, right? Someone else posing as KNC did?

You're the only one talking whack here, my friend, sorry.

I'm nobody's fool, so quit trying this crap with me, i'm certainly not taking you for one.

The quote you keep throwing around was from Andreas's very first post in the forum. They hadn't finalised anything at that point. Originally they wanted to make an approx $5k machine where upon the first 500 paid x amount up front, and then the rest at a later date, and then a following 500 would pay at the later date.

They were putting the feelers out to see if 1,000 would bite, at which point they could work with a reputable ASIC design consultancy - ORSoC they had spoken to and poss hit the funding target required with a viable amount of numbers. They knew a figure of approx $5m was required to breakeven and fund NRE for silicon, components, manufacturing, labour, etc..

ORSoC had already worked with high frequency trading platforms and had followed Bitcoin with interest, but any idea lacking any substantial volume of potential interest to cover base costs, no dice.

Marcus (ORSoC) had already said screw the original idea if you want to do this you need to aim for 28nm straight away, as it's only a matter before someone else competent will. Mars was only ever a proof of concept, but they aimed to sell it at one point with a summer delivery, although again that had nothing to do with the original summer quote. Mars became surplus to requirement build wise and would have only have slowed the main project down. Jupiter was first suggested as a 250 Gh/s unit, then 350, then 400, before arriving at 550. Real engineers state targets they know they can reach, not best case simulations as other factors come into play w.r.t. to power and heat, only when something of statistical significance suggest otherwise can you with a degree of confidence claim otherwise. Optimistic BS that the crowd want to hear is marketing, not engineering.

The Summer delivery date was never factored at the point of sale when the order book was opened. That's the crucial difference.

Entering a thread putting the feelers out to gauge a reaction to a hypothetical intention is no committal. When you take money and lay the deal out is what matters, both in terms of integrity and legality.

Claiming you will deliver a 600gh/s PCI-E based 28nm using a fab with known yield issues at 28 in December whilst taking payment was a contract, not a hypothetical statement to generate interest. There's a difference, and it's December btw...