I had to use my iPad to check it out, but it looks pretty good so far.  Would love to be able to share the price and see a few more altcoins.  But it looks promising.

Did anybody see this?
GoCoin First to Enable Merchants to Accept Litecoin on the International Alt-Currency Payment Platform

KNCminer is going to start accepting Litecoins for payment through GoCoin as their payment processor.

Are you only selling the chips?  Or do you intend to sell a full mining system. 

Take a look here:
https://www.kncminer.com/news/news-27

Here's mine:
https://www.kncminer.com/?resellerid=105

Congrats to mrb and his team!  This one is a big step for the mining community and I hope other vendors follow suit.

P.S. For what it's worth, I've met mrb in person and vouch for his statements.  

1 @ 15.1 BTC

Looks like KNCMiner just came out with information regarding PSU. 
https://www.kncminer.com/news/news-31


With the recommendations, which PSU is best?

I really doubt that you do.  The moment KNC says anything, it's going to be FUD to hell here; and now with legitimate competitors, it will just start another vicious cycle of pre-orders, pre-announcements, and pre-claims...  I assume now that KNC has some working capital banked away, I hope they will just show up one day and say they are ready to ship Gen 2.

Curious to hear what you guys think about this recent announcement:

http://alydian.co/news/CoinLab-Announces-First-Incubator-Company

ALYDIAN IS FIRST LARGE-SCALE U.S. BITCOIN MINING COMPANY
August 7, 2013, PORTLAND, OR—CoinLab, the first venture-backed Bitcoin company in the U.S., officially launched its newest portfolio company, Alydian.  Alydian is the first to deliver turnkey at-scale Bitcoin mining solutions to customers.

“We are part of a transformation of Bitcoin mining,” said Hans Olsen, CEO of Alydian.  “Alydian has developed an enterprise-scale Bitcoin mining system over the past year and we are excited to announce our capabilities today. The system, based on our first generation 65 nm custom ASIC technology will enable non-technical customers to participate in terahash and petahash-scale Bitcoin mining without worry or technical expertise.  Alydian will begin at-scale operation and hosting in late August.”

Olsen, an industry semiconductor veteran and former CEO of Pixelworks, joins the CoinLab family, led by CEO, Peter Vessenes.  The two comprise a team of other accomplished and respected tech start-up experts drawn to CoinLab’s newest venture.  Alydian will serve as the first of multiple Bitcoin businesses developed internally at CoinLab.

“I am thrilled to have Hans here leading our newest venture,” said Peter Vessenes, CEO of CoinLab.  “Alydian is unique in the Bitcoin mining industry -- it was designed from the beginning to provide turnkey massive scale to customers. We’ve combined proven leadership, visionary strategy and great technologists. It’s going to be a great ride!”

Bitcoin mining turns silicon into money.  Bitcoins are algorithm-based mathematical constructs aggregated into blocks and traded on open global markets.  In order to successfully mine a block, which contains 25 bitcoins, one needs specialized computer setups constantly running the mining algorithm, a protocol designed to protect and secure the Bitcoin network.  Currently, there are roughly 11.5 bitcoins in circulation, 25 more are mined every 10 minutes, and there will be a total of 21 million bitcoins issued.  At time of press, Bitcoin traded around $105.

Alydian’s launch-day pricing was $65,000 per Terahash, a technical unit of capacity for Bitcoin miners. At time of press, each Terahash returned approximately $2,800 per day in earnings.

About Alydian
Alydian is a portfolio company of CoinLab, the first venture-backed Bitcoin company in the U.S. Alydian delivers enterprise-scale turnkey Bitcoin mining installations for qualified customers.

Send an E-Mail with ToutAlydian is hiring in our Portland office: jobs@alydian.co

About CoinLab
CoinLab, the first venture-funded Bitcoin company, is a Bitcoin business incubator that builds businesses that provide fundamental infrastructure for Bitcoin. Partnerships with top-tier industry executives in the fields of hardware, finance, payments and insurance make CoinLab a global leader in revitalizing existing industries. Join the Bitcoin Revolution.

Ah, I should have read more into it before I posted.  Yes, nepotism does seem to have it's advantages.
 

AFAIK:

• KNC hosting is not the same as that third party vendor byteminr.
  
• KNC has stated specifically that their mining pool is restricted to their own managed hosting.

I think KNCminer machines were designed with the intent they are housed in datacenters even though a lot of early buyers probably will mine from their residents.  WiFi could be a security issue in datacenters and probably doesn't make sense in that environment. 

Guaranteed by fiat.

Agreed about Israel.  However, this IT company you're mentioning that got $40M didn't start with 0 revenue when they got their VC funding - unless the entrepreneur or founder has a track record.  Nor do I believe that they are building a hardware product (correct me if I'm wrong). You need some degree of traction - maybe after their first successful launch of their products can KNC attract the right VCs.  Before that, they're going to rely on angel investors or family, friends, and fools - and I think we belong to the "Fools" category.  Crazy enough to bet that it'll all work out in the end.

KNC is in Sweden, I have no idea what the VC community looks like there - but they have a great home-grown tech ecosystem that seems to know what they're doing.  Minecraft never touched venture capital even though "Knotch" came from King.com, and Spotify came from ex developers from StarDoll (already successful before he left to start Spotify) - you'll need those type of chops to even get VCs interested pre-revenue, pre-users, pre-traction. 

I'm not saying venture capital is not a path they should take, it' just rarely make sense if you don't need it from the beginning.  You guys read too much Techcrunch to think that venture capital flows freely - build something first, get users or customers, then talk to investors.  Otherwise, keep your day job.

IPO? Is this 1999?  You're kidding about this right?  IPO oriented company needs at least 3 years of trailing revenue and a prospectus that people understand.  People still don't get what a Bitcoin is, let alone a mining hardware manufacturer - I'll be surprised if even the Winklevoss twins can get their Bitcoin ETF through.

EDITED: I didn't realize you guys are talking about an IPO on something like Bitfunder in the spirit of ASICMiner. I think KNC wants to go the high road of a traditional business (with preorders!) than experiment with an unregulated and quasi-shareholder model.

I applaud the non-VC path.  If you can do it without a VC, why would you go down that path?  Also, the notion of "venture capital" is a very American concept - yes, there are VC's in UK and other parts of the world, but it's nascent compared to the United States and maybe even limited to just the major metropolitan cities (Silicon Valley, New York, Los Angeles, etc).  I doubt the time to market timeframe is conducive to raising a venture round for KNC.  Then the trolls will start talking about how late to the game they are...

In case you missed it on their home page:

Sent you a PM, not sure if you got it.

But are you planning to do a single ASIC board (USB powered) with Bitfury chips?