Good job! I think you are the first company to do a stress test to their units.
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Nobody knows how much was recovered from eASIC, nobody knows what's going on with the shares, nobody knows what chips are you using to mine. What's going on?
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A 1KW 1U PSU is already rather insane, 1.2KW is the max they can go up to but its a long wait. I have no problem in buying one later from them or by myself. It's the only component which you can replace it right away if something fails and considering that you want as much as downtime as you can get i don't think you can go wrong with that.
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Google 'torturous interference' to get a clue of the world of hurt you are heading for.
You are talking about like we forced them to sell the ASICs. Also, I repeat and please remember that we only have the ASICs from them and we produce our own PCBs. Tortious interference, also known as intentional interference with contractual relations, in the common law of torts, occurs when a person intentionally damages the plaintiff's contractual or other business relationships. This tort is broadly divided into two categories, one specific to contractual relationships (irrespective of whether they involve business), and the other specific to business relationships or activities (irrespective of whether they involve a contract). Thanks! Ask your lawyer how it pertains to you taking delivery of chips ahead of people with contracts for delivery before you from Hashfast. It's not their fault. HashFast can do whatever they with with their chips. It's not BE's responsability and duty to verify where are the chips coming from. A judge can only decide if HashFast acted in good faith or not when they sold customer's chips to BE, but BE has 0 guilt.
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Do you have a private mine with your own equipment, built for your mine for you and your company and its Venture Capital investors?
We currently don't have a farm. Our data center is solely for hosting our customers units. We don't have plan to have a farm during 2014. We want to concentrate on building and selling the best mining machines, not operate farms. Clear enough ? Thank you for your straight and hopefully true answer.
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Google ?? they are so big they could just point there cpu's at bitcoin and pump out more than any other farm.. They have serious firepower.
Google could point every CPU they have at the network and not make a dent in it. You might get ~10MH/s out of an average server CPU, and the network now is ~40PH/s. To be even 1% of the network, Google would need to point 40 million 10MH/s CPUs at the network. The network has grown past the point where even the largest companies in the world deploying CPUs or GPUs could seriously affect it. But Google has the money and the knowledge to build their own ASIC chips and farm whenever they want.
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... so basically, KFC got the bitcoin community to fund their mining farm?
Like they did for every other bitcoin asic manufacturer. (see bitfury and i bet that every company has its own small farm) I hope the Neptune fails miserably and ends up costing Knc a lot of money. The only saving grace here is the fact that Knc's 28nm chip is not that power efficient and has already been surpassed by several competitors. It's also harder to successfully scale a mining operation as it grows in size.
Miners are not powerless against Knc and can request refunds! Also, please don't be stupid and give them anymore money for their massive farm by pre-ording a Titan! Miners can also support good competitors like Bitmain and try to slow down this Knc Goliath.
Even if it fails it's too late now. KnC is doing more than 10 mil $ per month with their mining datacenter.
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Knc produced about the most power inefficient 28nm rig on the market, so I suspect their 20nm product will offer a similar power efficiency as other companies 28nm products.
Proof? How power efficient are CT and HashFail? I wasn't even talking about CT or HashFail because they both suck. November Jupiters use about 1.3W/GH at the wall, and the Neptune is supposed to be ~30% more efficient which puts it at ~1W/GH. Several competitors have already matched that including the Coincraft rigs, Dragon knockoffs, BitFury rigs, the Bitmain S2, and Spondoolies-Tech. Several of these competitors (BitFury and Bitmain) have produced a product that uses 1W/GH using older 55 nm tech. Also, the next generation ASICMiner chip is supposed to use well under 1W/GH. So only undervolted CoinCraft rigs matched KnC. They are the only ones using 28nm. The rest aren't. You said "the most power inefficient 28nm rig" The other rigs aren't 28nm so you can't compare them. Big deal. The point is, 20 and 28 nm were chosen for increased power efficiencies. It's a well known fact that in general, smaller die = less power. However, KNC failed in that regard when there is a list of hardware that is more efficient. If AMD came out with a 55nm GPU that was more efficient than Nvidia's 28nm GPU, would you still brag that Nvidia was the most power efficient 28nm GPU? Of course not. Nvidia would still have the most power efficient 28nm GPU. It won't have the most efficient GPU. But what's the point? That would be like bringing a Prius to a Mustang convention and bragging that you have the fastest Prius in the show. It's a stupid comparison, that essentially means nothing. The point is that the statement was wrong. That's it!
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Knc produced about the most power inefficient 28nm rig on the market, so I suspect their 20nm product will offer a similar power efficiency as other companies 28nm products.
Proof? How power efficient are CT and HashFail? I wasn't even talking about CT or HashFail because they both suck. November Jupiters use about 1.3W/GH at the wall, and the Neptune is supposed to be ~30% more efficient which puts it at ~1W/GH. Several competitors have already matched that including the Coincraft rigs, Dragon knockoffs, BitFury rigs, the Bitmain S2, and Spondoolies-Tech. Several of these competitors (BitFury and Bitmain) have produced a product that uses 1W/GH using older 55 nm tech. Also, the next generation ASICMiner chip is supposed to use well under 1W/GH. So only undervolted CoinCraft rigs matched KnC. They are the only ones using 28nm. The rest aren't. You said "the most power inefficient 28nm rig" The other rigs aren't 28nm so you can't compare them. Big deal. The point is, 20 and 28 nm were chosen for increased power efficiencies. It's a well known fact that in general, smaller die = less power. However, KNC failed in that regard when there is a list of hardware that is more efficient. If AMD came out with a 55nm GPU that was more efficient than Nvidia's 28nm GPU, would you still brag that Nvidia was the most power efficient 28nm GPU? Of course not. Nvidia would still have the most power efficient 28nm GPU. It won't have the most efficient GPU.
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Knc produced about the most power inefficient 28nm rig on the market, so I suspect their 20nm product will offer a similar power efficiency as other companies 28nm products.
Proof? How power efficient are CT and HashFail? I wasn't even talking about CT or HashFail because they both suck. November Jupiters use about 1.3W/GH at the wall, and the Neptune is supposed to be ~30% more efficient which puts it at ~1W/GH. Several competitors have already matched that including the Coincraft rigs, Dragon knockoffs, BitFury rigs, the Bitmain S2, and Spondoolies-Tech. Several of these competitors (BitFury and Bitmain) have produced a product that uses 1W/GH using older 55 nm tech. Also, the next generation ASICMiner chip is supposed to use well under 1W/GH. So only undervolted CoinCraft rigs matched KnC. They are the only ones using 28nm. The rest aren't. You said "the most power inefficient 28nm rig" The other rigs aren't 28nm so you can't compare them.
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BItcoins flowing into your mining address wasn't the main purpose. Having your own chips and selling them was!
Wrong, it's 50% of the main purpose, AMC the mining arm, and VMC the hardware arm united as ActiveMining. Annnd, complaining about a mining company mining makes you seem, what's the phrase I'm looking for here... dumb as a rock. Good luck with your investment!
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Knc produced about the most power inefficient 28nm rig on the market, so I suspect their 20nm product will offer a similar power efficiency as other companies 28nm products.
Proof? How power efficient are CT and HashFail?
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I hope them to appreciate the gift. Posted from Bitcointa.lk - #hYK2OrhvDFXJri7y
Good work!
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Can you explain how that statement equates into larger diffchanges over the next couple months?
It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does. 200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ. hmmm, i think u have overlooked the comming new Boss in town: spongebob-tech: http://www.spondoolies-tech.com/I'm ignoring them for good reason: They have not been vetted. dogie already has a nice review on them and more will come. link please.... and BFL has had NICE REVIEWS and products sent to such reviewers up to a year previous to shipping so...shudder......just a thought Searing https://bitcointalk.org/index.php?topic=525469.0Spongebob-tech (no pun indended) have already proven themselves through this review and also through their partners (see https://bitcointalk.org/index.php?topic=521520.msg5844237#msg5844237)
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Can you explain how that statement equates into larger diffchanges over the next couple months?
It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does. 200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ. hmmm, i think u have overlooked the comming new Boss in town: spongebob-tech: http://www.spondoolies-tech.com/I'm ignoring them for good reason: They have not been vetted. dogie already has a nice review on them and more will come.
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There's one major thing missing from this list... a timeline as to when each comment was written. The OP seriously seems to think that these are current claims, when several of them were made months ago. Call it was it really is, a lack of updating the website with current information.
Oct: "November / December Initial Shipping" Dec: "With that in mind, our current schedule is on track for shippments to begin towards end of year." Jan: "However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in January 2014." Feb: "However, this is our second generation, so we have much greater clarity on the process and plan to begin shipments in February, 2014." These aren't just some quotes printed in some obscure website they have no control over. This is straight from their product page which is used to sell their products. They regularly update the webpage, yet they chose to not update some issues which no longer are true. That places them firmly in "lie" territory. But Inaba NEVER lies... ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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Ken,
Please either spill the beans, or explain why you can not spill the beans.
We are on your side and genuinely want to do everything we can to help.
Shareholders absolutely deserve an answer here.
Regardless of the answer and circumstances, as long as you are up front, we can & will do everything we can to help out.
I know you get a lot of flak, but the trolls are gone, so there is no concern there and we can manage it.
I remember when, during the initial IPO, you were in a corner and you held out your hand to the shareholders who answered.
Within a couple of days, it seemed things were sorted.
All I'm saying is, we are here for you now, more than we've ever been. Just say the word and it will happen.
@zumzero First, I want to thank you for your support this last year, it has really been a learning experence for me. There are a number of reasons for not spilling the beans. Here they are MSD, Competition, and Trolls just to name a few. However, me and my team are working hard out west to make it happen. The shareholders will soon see proof of what we are doing in the form of increased bitcoins flowing into our mining address. So, just stay tuned to this channel and watch the mining address. BItcoins flowing into your mining address wasn't the main purpose. Having your own chips and selling them was!
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So, you're saying KnC shipped in mid-August? Damn, I must have missed that in all the Avalon whining in the KnC thread.
Deceit is intentional, meaning it was originally posted with the intent to deceive. Procrastination/laziness is a more accurate description and is hardly deceit. It is a bad business model, but you and so many others seem to think everything needs to be perfect.
KnC shipped first week of September if i recall correctly so it's not such a big deceit. It's surely not as big as BFL's and retard Inaba aka Josh Zerlan who is a tard because he likes tards and he lives likes tards ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Inaba=tard bcp19=shill for tards
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Can we swap the PSU to the next bigger model if we buy it?
Sure. We're experimenting with a bigger model under various conditions to see what the gain will be, if any. In addition, those PSU lead time is above 10 weeks, don't expect an upgrade option anytime soon. Great news. Don't be shy and post some results when you will have them. Having an upgrade or just buy separately option would be great. If not i think people can outsource themselves the needed model if the results are good and having a spare PSU can't be wrong at all. Edit: Thank you for the review dogie.
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