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1441  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 26, 2013, 11:32:33 PM

It is chips before they go into a package which goes into some kind of sealed packing which goes into a courier's luggage which goes to Sweden, or something like that. So quite possibly the last chance to get a photo of them before the sealed packing material is unsealed at the factory to be fed into the assembly machines - oh and a few snipped off to test and prototype with while the assembly machines churn away maybe.

-MarkM-


http://en.wikipedia.org/wiki/Integrated_circuit_packaging nothing to do with plastic bags or couriers. Daft term Smiley
1442  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 26, 2013, 11:26:44 PM
ok, might be as you stated out. so Day1 is then Friday and Day2 Monday, right?

Why do people wait until Sunday to buy their Sunday newspaper instead of picking it up when the printer closes at 5:30 or so friday evening?

Or don't you have Sunday papers where you come from?

Why wait for morning to get your morning paper, instead of picking it up from the printer at 5:30 the evening before when the printer closes?

Sheesh! Capital machinery is like bitcoin mining rigs, you pay 24/7 interest on the capital it took to get the damn things, you think everyone is going to run it 8 hours a day, 5 days a week?

Day 1 is presumably the first day the machines are pouring out rigs into courier trucks and day two the second day the machines are pouring out rigs into courier trucks.

Maybe day 1 starts at midnight tonight... But midnight by where's timezone? Maybe it is already midnight somewhere!

-MarkM-


Newspapers aren't assembled by hand. Rolls of paper go into the press and bundles of papers roll out into the loading bay. I served my apprenticeship in the newspaper press business. They are picked up and delivered late Saturday night in some cases too which is why they are on news progs on telly late Saturday night.. The machinery producing the boards will run 24/7 from the start of production until it's all done with no day1 or day 2 and no stopping except for breakdown and maintenance if needed ...that's just a line in the sand for us that doesn't matter at all at their end as long as the right numbers can be produced to ship what they promised on day1 and day2. If you got a day2 order on day1 which is likely for someone ..you'd care less wouldn't you?

The machines are pouring out parts to assemblers, not into trucks...we've been through all that already. I thought it was all going to be automated too until it was proved otherwise. They will need putting together and the pool details entering and testing and packing securely , and for some the hosting setup sorting. Not an instant process. Not something they have done before either in this volume is it?

I don't want a rushed rig, something that arrives a day late and doesn't last due to some easily avoided fault or lack of testing. Losing a day or two of early mining pales to nothing compared to what you'd lose if it broke...as BFL customers found out in some cases.

1443  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 26, 2013, 10:56:57 PM
Posting a load of photos of people assembling racks, then nothing shown for production...not a pixel. Does that make an ounce of sense at this stage if they are in production? So easy to do. Why wouldn't they?
1444  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 26, 2013, 08:43:49 PM
small updates here.)



(platinum membership)

Bitcoinorama (https://bitcointalk.org/index.php?action=profile;u=104810)

(gold membership)

Phoenix1969 (https://bitcointalk.org/index.php?action=profile;u=123172)
Anenome5 (https://bitcointalk.org/index.php?action=profile;u=89485)
timmmers (https://bitcointalk.org/index.php?action=profile;u=137249)
Bargraphics (https://bitcointalk.org/index.php?action=profile;u=124940) *delete all his posts and sold acc.

(adepts)
-Redacted- (https://bitcointalk.org/index.php?action=profile;u=129075) *new adept, because of his endless stupidity
AussiePete (https://bitcointalk.org/index.php?action=profile;u=143314) *not so fan as I expect

"Your idiotic whining about seeing a chip is annoying" - 2 weeks™ before promised delivery

Don't you need to believe they'll do what they say to be a fan?
The refund backpedal / broken promise alone would cast doubt in a sensible mind.
1445  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 26, 2013, 08:20:17 PM
IS Bitcoinorama, Bargraphics??
No.

Bargraphics is another guy who was very vocal about Terrahash. He's kind of a loudmouth.

Personally, I found him amusing, but several people took him way serious, and now it seems he's killing his old posts. I dunno what to think of that.

Fear? Some people in this thread have been very vocal about KnC but they have no reason to do that. Nasty business that TH thing. Worse if it gets in the media and twisted all over the place.
1446  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 26, 2013, 06:53:33 PM
Do you seriously think they would have "shipped" (or imported, really) their n°1 salesman for a no-show?

They purposefully withold information, make it slightly vague (or slightly misrepresent it) etc. to create D.R.A.M.A. = free marketing. (that or they're just lame)

To be a salesperson I would have to have to have told or coerced someone to buy something.

I never have.

I have only ever reasoned arguments with valid research and told people to follow through with their own to confirm for themselves. There is nothing underhand there, and there never has been.

Encouraging people to be responsible, perform due diligence, and stay safe with pre-order sales online is common sense.

And for the record yet again, i'm buying my own ticket, as I said I would come for a pick-up in the first place, although this time I'm going to ask them to cover it if they will, especially if I need to stay overnight in a hotel. Stockholm's not cheap and I never agreed to do that.

If there's something worth videoing i'll do my best to insist they allow that, as nothing puts minds at rest more. Whatever happens warts and all, i'll be honest with my account, but this time round there should be a lot more to actually show in moving images than written word.

Peace.

Damn, I thought you might be on a plane to Abbaland now. Have they asked you to go by any specific time yet? I ask because apparently China's having a launch party with a working rig on the 29th in Shanghai...and China is half a day ahead of us giving them a day and a half to get it there? Surely they aren't releasing them there 1st?

I appreciate your reports and time spent passing on information to us too, it was extra info that was useful to a lot of us.
Good luck with the tottie. Smiley
I was thinking they could indeed launch there first, since they are manufactured there; or am I crazy?

The update about them "seeing millions of components arrive here" a few days ago doesn't match that scenario even if it does make most sense. What components would be arriving in Sweden if they weren't assembled there? Also weren't rigs immediately being set up in their hosting facility in Sweden when finished? They definitely gave the impression they were being assembled in Sweden.

Could be two separate production facilites..and could be a lot more rigs than we imagine if they are separate order books too.
1447  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 26, 2013, 06:30:41 PM
Do you seriously think they would have "shipped" (or imported, really) their n°1 salesman for a no-show?

They purposefully withold information, make it slightly vague (or slightly misrepresent it) etc. to create D.R.A.M.A. = free marketing. (that or they're just lame)

To be a salesperson I would have to have to have told or coerced someone to buy something.

I never have.

I have only ever reasoned arguments with valid research and told people to follow through with their own to confirm for themselves. There is nothing underhand there, and there never has been.

Encouraging people to be responsible, perform due diligence, and stay safe with pre-order sales online is common sense.

And for the record yet again, i'm buying my own ticket, as I said I would come for a pick-up in the first place, although this time I'm going to ask them to cover it if they will, especially if I need to stay overnight in a hotel. Stockholm's not cheap and I never agreed to do that.

If there's something worth videoing i'll do my best to insist they allow that, as nothing puts minds at rest more. Whatever happens warts and all, i'll be honest with my account, but this time round there should be a lot more to actually show in moving images than written word.

Peace.

Damn, I thought you might be on a plane to Abbaland now. Have they asked you to go by any specific time yet? I ask because apparently China's having a launch party with a working rig on the 29th in Shanghai...and China is half a day ahead of us giving them a day and a half to get it there? Surely they aren't releasing them there 1st?

I appreciate your reports and time spent passing on information to us too, it was extra info that was useful to a lot of us.
Good luck with the tottie. Smiley
1448  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 26, 2013, 05:13:23 PM
There's only two scenarios that can happen at this point. 1. KNC blows everybodys minds and pulls a big ass rabbit out of its hat. or 2. We all find out that we participated in one of the greatest Bitcoin scam in history (to date). Personally, I for one believe we will still see #1 and Orama will be checking in sometime tomorrow or later tonite once he gets situated in Stockholm and by the end of the weekend we will see all the naysayers crawl back into their caves and smolder until the next big thing is announced. cointerra maybe   Roll Eyes .

In the meantime guys, we are at the point of no return... Just sit back and wait... 72 hours will go pretty quickly. This is going to be an interesting weekend.


Pulling a rabbit from a hat is unexpected , delivering on time as promised...that's  not.
There are other magic tricks concerning making things like money vanish by misdirection. lol

All they needed to do was say "Right. The first rigs will be in customer's hands on the 29th, production started today or starts tomorrow" . Not dramatic, but logical and much nicer for people who are waiting ...and even trying to make sure they will be around to collect the package.
1449  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 26, 2013, 04:23:34 PM
A unit in China? On the 29th? Where are these being produced again? Millions of components were arriving in Sweden a few days ago, and I was under the impression that was where they were being assembled?

So, either a rig is going half way round the world by 29th...or all rigs are doing the reverse?
The first option seems most likely so that means a finished rig by tomorrow evening to get there for that demo. They'll lose half a day in transit due to timezones.

Someone could be posting pics late tomorrow..which may explain Bitcoinorama vanishing?

1450  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 26, 2013, 12:33:57 PM
pfuuu...seems like most are missing a tiny but very important fact when shouting at each other, which could relax the whole situation dramatically.

Please consider there are several kind of people involved.
Not all are in the same position, we all are individuals keep it in mind before starting the next fight.

1) ppl who do not care that much about ROI, some have fun mining and to be part of the cryptocoin movement....


Some fun paying 5000$ so that drug dealers and gamblers can have a safer payment system. I'm sure most people could find better hobbies than that. Like getting drunk on a weekend and spending what's left on a pair of russian hookers. Both hobbies result in a same financial loss, but one leaves you with memories of awesomeness while the other pretty much sums up to..well..nothing.

Why are you posting on a Bitcoin forum then?  Get lost!

He's making the simple point that "fun" is not a thing a lot of people mine BTC for. For some it's an investment for the future for example.
Why are you telling people what to do when their reason to be involved in BTC is just different from yours?
He's right about most people could find better hobbies too, especially that some people really do need to get laid. It's a much more pleasant way to get screwed Wink
1451  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 26, 2013, 12:18:49 PM
Can you imagine how many refunds they may be asked for if they miss the end of the month and still no news?
No wonder they would wish to stop people requesting refunds if they can manage it with a valid reason.

I'd say a cancellation is a pretty major change of an order wouldn't you?  Cheesy
1452  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 25, 2013, 10:25:07 PM
Yeah, cause there's just so much real world applications for double SHA256, the  possibilities are endless! You might as well go and buy a few tulip buds.

Just like the internet in 1995....you can't see what hasn't been yet created (the amount of available ASICS processing power is very high and could potentially be monetized other than just mining coins)....Plus FWIW there are shitons of people who make a viable living doing stuff that we would scoff at - janitorial businesses, fast food propritors, ditch diggers, and yes, tulip growers. 

When I first saw KnC they were saying a couple of things that I got mixed up for a short time, they were talking about a litecoin rig and modular miners...and for a short time I had a picture of a dual miner, one module mining each ..the litecoins paying the power bill while the other mined BTC.

You're right about people finding a way to use all this kit I think, necessity is the mother of invention.

Back in 1995 Internet exploder was by far the top browser, Chrome didn't exist....no-one would have believed what we have now. Maybe well all end up looking back and wishing we'd been mining another currency that follows the same path as BTC has.
1453  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 25, 2013, 05:22:22 PM
Anyone looking at the mining dashboard estimates before buying ANY rigs now...that's got to be a cooler. You struggle to find anything that will reach break even on there now, except the Jupiter delivered in Sept/ Oct and the price is the november discount one not the price anyone actually likely to get one in those months paid.

Even if it's not accurate it's bound to make people think twice unlike 2 or 3 months back when it looked a lot rosier if not exactly bright.

I think it's possible that miners will become much harder to sell, and even moreso on pre-order given the near future losses they are likely to make. Some serious price cuts would be required to improve that.

Even at 5k, would you buy a Jupiter today knowing it would arrive in mid November and never break even? That's looking likely now. So who is going to be buying them?  
1454  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 24, 2013, 02:10:19 PM
These things aren't being manufactured on the starship Enterprise, no teleporters or replicators to instantly crate or transport components and they won't be configured by a moaning scottish engineer at the last minute to produce 110% more power either.

In the real world even trivial things take time, especially if you need it to be done well enough.
The list of things left to be done in so few days is not trivial.

And yeah you sarcastic arse, I have years of production manufacturing experience...not in electronics primarily but the principles are the same in general.

I'm reminded of that guy falling from a building who says he's fine all the way down..it's only at the final moment that his optimism and refusal to see what's really going on dawns on him and then it's a bit late.
1455  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 24, 2013, 01:53:57 PM
See. that makes no fucking sense at all. Posting a video of something that was done weeks ago as a teaser at this point?
I saw the pic of the board and heatsinks too, and based on that I assumed they were on top of that and we were just waiting for chips ...then up pops that video teaser of them apparently manufacturing boards?

In their place and pushed for time they should be sitting ready for the chips now. This is no place for JIT practices, it's a race.
1456  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 24, 2013, 12:22:15 PM
And that reassures you?

honestly, in this phase I can't imagine the answer, which will reassures me more.) but as I mentioned previously in this thread, is hard to believe, that they are able to assemble, test, package and ship hundreds of boxes within few days.

I stand with my pre order couple of months, so last few days are like nothing.)

I thought it would be very close, then they posted that video of the boards being manufactured ...cast a lot of doubt for me. After all, they were talking about the boards being tested weeks ago and posting pics of them. I assumed they'd got that job well under way or complete by now just ready for chips until that comment about "millions of components arriving" , and now that video making sense of the comment. A lot to do in days, and that assumes all runs smoothly.

I still think that simply packing and shipping and setting up the pool details etc. which are nothing to do with manufacturing isn't a minor endevour and will take some time. Not to mention populating that data centre. Very labour intensive stuff that needs to be done right.
1457  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 23, 2013, 09:49:20 PM

Fuck that video was a shock to see for me. WTF are they doing? The chip production..easy to understand why that's tight on time, but they are only now starting the boards? I'd have thought that was part of the production process that they could be ahead of by a mile.

I was afraid of this when they mentioned "millions" of components arriving. Seems that currently (realistically) the only finished components are the case and the power supplies we buy. With 6 days to go. I find optimism difficult verging on silly now.
1458  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 21, 2013, 07:39:31 PM
So, it's 8 days an counting down for KNCminer to fulfill their first ship promise.



Just a what if......KNCminer releases info. 5-7 days late on purpose....any idea where that puts them in the process....anyone?

That would be a clever way to keep their promises and give themselves some leeway.

I hope they thought of it Smiley
1459  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 20, 2013, 02:16:18 PM
how much are you gonna care for a few percent of bad units?

You dont. You know they will happen and it will be a non trivial percentage. Could be anywhere from 5 to 50% on a first run. But thats not the question. The question is if you want to discover all those bad chips before you spent time and money putting the defective chips in a fully populated PCB and assemble it to a functional testable miner, possibly with components that are harder to score than the asics (ask BFL) , or if you are going to do what is done with probably every other asic ever produced, test the dies and/or packaged chips before you waste those components,  time and money.

Im nt sure you realize those chips might be among the cheapest components and with the highest defect rate by far. Thats the one you want throw away, not the rest.

Every other ASIC has been late and the reputation of the company destroyed. We're talking about normal QA procedures here, international standards, AFTER the initial few rigs are out of the door. After they have met that deadline or come close..they can afford to be more intense with their QC if they wish. Formula one is a pretty good analogy.

Their initial production costing and unit retail prices will have taken into account waste..if not they shouldn't be even allowed to build with Lego.
1460  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 20, 2013, 01:34:16 PM
Sure they can afford to scrap bad boards. Damn, it's the best thing for them to do. Initially.
Fuck the cost, think of the cost of their first deliveries not being on time against that, and cancelled orders.
Get the initial couple of dozen or so units out of the door ASAP, gain the kudos for that, then relax a bit and test chips once they have that milestone achieved.
IF they get 50 perfectly working rigs in customers hands (literally since they are collected), get some good feedback... the lion's share of orders are october delivery so they'll have more time. Then they can test and not waste components.

Just curious, do you think they should test assembled miners before shipping? Like at least turning them on and running them for a few minutes?  Or ship them asap and let customers find out if they work? The latter also saves them time and money.

This isnt only about wasting components, automated testing of those chips will if anything, speed up production of functional miners. It takes so much longer to assemble (and test!) a complete miner based on a bad chip than it does to do chip level testing.




This has been covered. They are burning in the rigs. They said so. Not for long though.
I'll spell it out for you a lot simpler since you seem unable or unwilling to understand.
1) First few orders only...assemble as fast as possible, test them to check they work as spec ..get them to customers as is Wylie Coyote is chasing them. Any of that 1st batch that don't measure up...put to one side/scrap. These rigs are modular, and they are going to supply DIY upgrades when all orders are done. So any problems can probably be fixed that way for speed.

2) They fuck about, test everything...end up with the same number of working miners, less scrap...and their reputation alongside the scrap in the bin. Late. Missed the deadline. That's a big thing. To scrap the bad units from a batch of 100 rigs...what's that cost compared to their rep? Not a lot.

Boils down to wasting a grand or two of components initially, against a shitload of future sales. It's nothing. They have given more than that away in free rigs and loads more on advertising.
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