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This thread is getting full of FUD posted by the same few accounts over and over again. That leads me to believe that they are either shills for another manufacture or they couldn't afford to put money down on Neptunes but wish they could. So they want KNC to underdeliver, and do bad, so that they feel better. It's one thing to have a strong opinion and want to share it, but to keep spamming it and shout down anyone with a positive view just makes you a troll. You know who you are and you can pipe down a bit now. Then, if you are correct you can quote your post and gloat. I can see why Orama doesn't want to post. So far KNC has been the best bitcoin ASIC manufacture so far. So I'm giving them the benefit of the doubt to deliver until proven otherwise.
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Well, it looks like they already have the hashrate to cover batch 1a. IMHO, batch 1a will be considered late in mid May. As the final batch two was sold to be shipped in quarter two. Batch 1b a month before that and batch 1a a few weeks before that. So in IMO mid May is the latest they can leave it for batch 1a.
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Gratz on 1GH/W. I was wondering how you did it until I realized it's 12x A1 chips per board. 210GH/12 = 17.5Gh per chip @ 1GH/W. For the guys asking about overclock 35GH per chip has been reached by Technobit Hex8A1, but you need 4500rpm fans and huge heatsinks. Potentially 12x 35GH x 5 = 2100GH but it would have to outside the case.  Correct math, but wrong assumptions. What has been shown on the video is a fully populated CoinCraft Desk, which has 5 boards with 8 chips each running at 800MHz and reaching 25GHps. That's exactly the 1THps you can see. The updated Rig board were added 2 chips to be able to provide the nominal hashrate with under-clocked chips. With that, the chips can run below 700MHz, resulting in controllable system temperatures As for the over-clockabilities in general: with extreme cooling I pushed the chip to 1.15GHz / 36.8GHps (47%+). For that, the voltage needs to be raised from 0.85 to 1.1V, resulting in the degradation of power efficiency of 0.7J/GH to over 2J/GH - which is in line with the expectations based on physics (consumption proportional to (clock^2 * voltage)). Bottom line: while chips are over-clockable as advertised, do not expect to reach the full potential with the CoinCraft products. For one, getting 50% more hashrate requires 3x more power - which the PSU is not dimensioned for; consequently for the other you can not get 3x more heat out of a closed box unless you submerge it or live close to the poles. For those who ordered the CoinCraft rig with extreme overclocking in mind, I frankly tell you to better expect max 20% above nominal speed. You might top that if you modify cooling and power yourself, but then Bitmine's turnkey products that plug-and-mine are maybe not the right choice for you. So are you saying 2.8(TH/s)@3kW as advertised for the rig is not possible? |
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7f5bba57c000-7f5bba57d000 r--p 0001c000 08:14 1711249 /usr/lib/x86_64-linux-gnu/libxcb.so.1.1.0
7f5bba57d000-7f5bba57e000 rw-p 0001d000 08:14 1711249 /usr/lib/x86_64-linux-gnu/libxcb.so.1.1.0
7f5bba580000-7f5bba6b0000 r-xp 00000000 08:14 1710662 /usr/lib/x86_64-linux-gnu/libX11.so.6.3.0
7f5bba6b0000-7f5bba8b0000 ---p 00130000 08:14 1710662 /usr/lib/x86_64-linux-gnu/libX11.so.6.3.0
7f5bba8b0000-7f5bba8b1000 r--p 00130000 08:14 1710662 /usr/lib/x86_64-linux-gnu/libX11.so.6.3.0
7f5bba8b1000-7f5bba8b5000 rw-p 00131000 08:14 1710662 /usr/lib/x86_64-linux-gnu/libX11.so.6.3.0
7f5bba8b8000-7f5bba8cd000 r-xp 00000000 08:14 524424 /lib/x86_64-linux-gnu/libgcc_s.so.1
7f5bba8cd000-7f5bbaacc000 ---p 00015000 08:14 524424 /lib/x86_64-linux-gnu/libgcc_s.so.1
7f5bbaacc000-7f5bbaacd000 r--p 00014000 08:14 524424 /lib/x86_64-linux-gnu/libgcc_s.so.1
7f5bbaacd000-7f5bbaace0Aborted (core dumped) Is there anyone else having problems with cgminer on Maxoin using Ubuntu or is it just because I'm using an APU. Scypt mining seems to work fine? |
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Have been visiting Bitmine for more testing and explicitly asked about that one: the rig uses 24V input, with that, the RSP-3000-24 delivers 3kW continuously.
zefir- that power supply is good for europeans.. which power supply do they plan to supply for american and asian customers, where they dont have 240 volt a/c supplies handy ? thanks -- Jez That's when an electrician is handy, just need them to wire a 240v outlet. I've got mine done. What socket did you fit into the 240V circuit? Where ours is being hosted he has an old 30A 220V dryer socket and circuit. That we're getting the plug socket changed to a NEMA L6-30P socket. So that we can plug a 30A 220V PDU into it. |
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Fundamentally, I don't think centralising a decentralised currency is a step in the right direction. I'd say the exact opposite.
It would be have been much better if knc shipped millions of machines out to miners all over the world, spreading the hashing far and wide, so no country has too much power to sway the currency.
Where the machine is hosted doesn't matter... Selecting the appropriate pool will decentralize BTC mining. Exactly what is a 51% attack and how does it win? Say two major isolated pools evolve and one pulls the plug on the other. The remaining major pool now having >51% share of the mining could fork to what kind of advantage? This is just noise but here you go - http://lmgtfy.com/?q=bitcoin+51%25+attack |
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No need to speculate about that. What we use when testing locally in the Bitmine labs is a meanwell 3kW PSU - the wall of PSUs in the picture posted is exactly that. The RSP-3000-12 delivers only 2400W. Bitmine say on their web site: Power consumption: from 300W (400 GH/s, power save) to 3000W (2.8 TH/s, turbo mode) on a standard 110-230 V, 50/60 HZ AC power supply (included).I assume the unit they plan to ship at sometime this year does not mine at 2.8 TH/s with the included power supply then? Or they expect the power supply to deliver more than the rated power (continuously). Have been visiting Bitmine for more testing and explicitly asked about that one: the rig uses 24V input, with that, the RSP-3000-24 delivers 3kW continuously. Yes, I'm very interested in the PSU needed for the 2.8TH/s Turbo Mode device as well. They mustn't be 100% sure yet themselves or I feel the information would be public. Hopefully it will become clear this week when they do the video. I personally think that they'd be better of using multiple standard ATX 1200W PSU's. Instead of a rare, hard to get 3000W PSU for the reasons of easy self replacement. |
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Once more again and again and again.
There is not working RIG device. Take a tour in the company and you will see as was said to me.
Why should i spam around here and saying bu**sh** for fun?
The game is over. A1 ships not going to make the RIG by 100 reasons.
First of all technical ones, because no working prototype, whatever why.
Secondly, huge delay, because of technical issues, the investor will have his pcbs for his mine then.
We all knew that it was a bet. And now its over. Understand, people. Dont dream in stupid land.
we've got your point, now stop spamming please... repeating the same thing again and again and all over again is spam, we all know what your point of view is, so please stop and let other customers and members try to ask useful questions.... +1 it is a troll and probably a shill for another manufacture. It's not adding anything of value to the thread. It is just trying to hijack the thread with pure FUD. IMO it is the reason for the ignore button. We should stop feeding it replies and it will do something else with its time hopefully. I'm not saying Bitmine are not late but it is not bringing anything useful to the thread. |
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I wish the forum would bring back the newbie post count rule  |
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Had yesterday a talk with a guy visited bitmine. He said, that they cant start shipping due to problems in production. In a short summary it means, there is a huge delay. There are thousends of orders and in the end its going to be a much huger mess as it was with bfl.
At the end of february some hundreads pieces can be made, probably in best case.
march orders can not be made up before july or august.
Eat it or not. But DONT scream around like pragnant female dogs.
Yes, this is absolutely FUD, you just claim things without prove. Also there aren't really thousands of orders. If your order is for example #3711 it doesn't mean there are really 3710 or more devices to be made before it's your turn. Like in every business, most orders are empty/dead or never recieved the money, etc.. Many customers think it over in the last minute when it comes to the payment. So bitmine gives an order number for every order made, not every payed and processed order. Also, for people who payed to get into an order, they have NO CHOICE to "eat it or not" as you say. They can't go back from the contract, they have to wait about 80 days after the agreed shipment week before they can have their money back. But that's the nature of this specific manufacturing business... so yes, things are not as they should be, but not as bad as you make it out to be. (july or august???) so that's the definition of FUD Lets make a bet. They are showing a working RIG till Friday the 14th (the weekend before shipping date) or you guys saying i have no proof delete your accounts here. Or my newbie account will be deleted. Deal? this is no bet, raise your bet to 5 Bitcoins and you will get some interested people I thought more about beting to our honor. We have all to much money, otherwise we would not play with bitcoin machines. So, when i lose 10 bitcoins more, its not that something i am going to miss. What was the price of a bitcoin? 5 bucks in the summer 2012? So for everyone here with balls. 5 Bitcoins bet bitmine.ch is NOT showing a working RIG prototype until 14th feb the weekend before they claim hard, really hard to ship them from the next week on. 5 Bitcoins in escrow http://btcrow.com/ You can bet your preorder as well. 10 Bitcoins bet bitmine.ch is NOT going to ship RIGS out on the 17th. feb. 10 Bitcoins in escrow http://btcrow.com/ You can bet your preorder as well. I am doing that not because i am STUPID, i talked with a rational, cold pragmatic engineer visiting their facility. There is no reason I can think of that would do him any favor; so if possible I would join the bet - but on computermaster´s side. The complete silence from the swiss posse is telling a lot guys - and I think it´s much more likely that they fucked everything up big time. Otherwise these spineless frauds would at least speak up and explain what the hell is going on. And I know Giorgio is reading every single word on this forum. I can´t believe the level of douchebaggery bitmine is showing. So grow a pair for fuck´s sake and speak up @giorgiomassa! WTF is wrong with you? For the same reason that your throwaway account is backing him up |
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Had yesterday a talk with a guy visited bitmine. He said, that they cant start shipping due to problems in production. In a short summary it means, there is a huge delay. There are thousends of orders and in the end its going to be a much huger mess as it was with bfl.
At the end of february some hundreads pieces can be made, probably in best case.
march orders can not be made up before july or august.
Eat it or not. But DONT scream around like pragnant female dogs.
I call this FUD and with it being from a new account, then maybe you're a shill for another ASIC manufacturer. A pre-order scheduled for delivery in late March. Would receive over 100% extra hashrate from their CPP if not delivered until early August. So they have a major incentive to speed up production. IMHO, if they had the actual chips in January. Then orders made in late January which were scheduled for late March shipping. Shouldn't take seven months to ship. You are not in business nor related to developing hardware or? Otherwise you would not argument with LOGIC, but with BRAIN. I dont know, if you ever tried to count with numbers, but the protection plan is not really a bad business for them. 1. They sell GHZ for 6 Dollar the competitors for 4 Dollar. 2. The rise of difficulty is 25 % every 10 days so your hardware losing 25 % of profit, you get 10 % of customer protection. So theoretically they are selling you miners, which are the half more expensive and giving you then 10 % back. When they give you a 200 GH/s board, thats something like 150 Bucks for them, but you paying 1290. They could offer you 1 + 1 free and they would make still excellent profits. What i understood, the delay is made by not capable management to deal with the new situation siting on completly wrong production time calculations and repeating all the time, that everything is good and perfect and not facing the reality going on. Wait for the next statement from giorgio and read really, what he is saying and look at the pictures he is posting. Why dont they posted a video or photo of working device? Because there is no one in their labs. But yes, everything will be good. And my post is fud. Have a good weekend. |
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Had yesterday a talk with a guy visited bitmine. He said, that they cant start shipping due to problems in production. In a short summary it means, there is a huge delay. There are thousends of orders and in the end its going to be a much huger mess as it was with bfl.
At the end of february some hundreads pieces can be made, probably in best case.
march orders can not be made up before july or august.
Eat it or not. But DONT scream around like pragnant female dogs.
I call this FUD and with it being from a new account, then maybe you're a shill for another ASIC manufacturer. A pre-order scheduled for delivery in late March. Would receive over 100% extra hashrate from their CPP if not delivered until early August. So they have a major incentive to speed up production. IMHO, if they had the actual chips in January. Then orders made in late January which were scheduled for late March shipping. Shouldn't take seven months to ship. |
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Extra "Plan B" hashrate for customers won't mean much if they wait until after Q2 to give it to us.
Now if they give it to us the moment the mega center is complete, then KnC is officially the best company out there hands down.
Hopefully it is turned on in the order the various batches were sold.
Unless they have fabbed out the new 28nm chips already. Then there's no chance of giving us the hashrate by mid-April. Which is when it needs to come online to ROI in bitcoin at current average difficulty growth. Also, I wonder if they'll be using a new IC design for these new 28nm chips. If so and it's more efficient than the old design. Then why don't they offer us to take delivery of the equivalent hashrate with the new 28nm chips. Instead of waiting for the 20nm chips. Just ship us the racks that they'll be hosting I say. If they design new more efficient 28nm chips and boards. |
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Reserve dropped to BTC16.00 per Neptune anyone who's interested has until Monday to pay a non refundable deposit towards the costs. Or the sale may be canceled. We'll currently accept $11,500 US bank wire per Neptune or £7,500 UK bank transfer. We can also accept SEPA transfers for an additional fee. May I remind you that the same batch shipping a few weeks after our devices were charged $13k per device. So this is a good chance to jump the queue and get a discount too.
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Reserve dropped to BTC17.00 per Neptune.
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Yes, Right on max.1gh.com Is there a compiled cpu miner for Windows that works with max.1gh.com?
Just turned that pool back on and none of my shares are being accepted? |
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Hmm, so Bitmine can design a custom ATX sized 3kW ATX PSU just like that while dozens and dozens of power supply companies all around the world can't? Something's fishy about this.
No need to speculate about that. What we use when testing locally in the Bitmine labs is a meanwell 3kW PSU - the wall of PSUs in the picture posted is exactly that. Which means, you have to use a 16A socket? The standart has only 10A or 13A. It will probably have more than one C13 input? |
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Am I alone in not being too concerned about this?
KNC are going to offer cloud based hashing - great. Why wouldn't they? I would too.
They are offering an iron clad guarantee of hashing delivery date (cloud or physical). Super.
Batch 0 preorders were $3k cheaper and 3-4 weeks sooner than batch 1, and the same price but 6-8 weeks before batch 2.
Clearly KNC have a history of looking after their existing customers, and this seems to continue in this vein. They could so easily get the data centre up and running and taking orders while we wait for our Neptune's....
This is just the next chapter of this interesting crypto story that we will be able to say in 20 years time we were at the centre of and the trailblazers for.....
Exactly as they offered batch two for Q2 delivery. With batch 1b a month before that and batch 1a a few weeks before that. So early batch 1a Neptunes would see their hosted gear come online in the middle of May. If not shipped already. |
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Dear All
It’s been a while since our last communication and this update is overdue and we do apologise for that. In this newsletter we want to update you on 3 important things.Neptune Development Progress, Jupiter sales and our new project - Plan B.
Neptune Development Progress
Over the last few months things have most certainly not stopped here at KnC, and we have made massive progress on our 20nm chip and it will be one of the first 20nm chips to come out to market with the strong support of our partners, TSMC, AST and Alchip. The backend engineering teams have been working 7 days a week around the clock to bring this chip to market as fast as possible. We have of course learnt a lot from our previous 28nm design and with that knowledge we will squeeze even more out of our 20nm chip.
The news we can tell you today is that we have a further reduction in power consumption of around 11% from our initial calculations, which means we can squeeze in even more cores. The core count per package is already over 1000 and with every reduction in power usage we will add in more cores to maximize the performance. This is a great bit of news.
Jupiter sales
We are no longer going to offer Jupiter for sale. We had intended to offer Jupiter following the end of our Network Protection phase, however things move fast in the Bitcoin world and we have decided to end all future sales of Jupiter. We know this may disappoint some people waiting for buy more Jupiters, however, we have some exciting news that we would like to share today and its called ‘Plan B’.
Plan B
As you are all aware we broke many world records in releasing the 28nm chip in such a short amount of time. We are a very ambitious company but even for us, to go “all in” and not be able to deliver on our performance targets, like our competition, would be completely unacceptable to us as a company and everything we stand for. So today we are introducing, Plan B.
To make sure that everyone who has paid for their Neptune we are building a data centre like no other. It is located in the north of Sweden not far from Facebook and other Mega Data Centres and it’s totally powered by renewable energy.
Over the next few months we are bringing online enough hashing power to make sure that any delay in the Neptune timeline will be compensated with a completely free hosted hashing packages to all fully paid customers.
In the addition to this commitment, as part of Plan B, for all Neptune customers, we will be offering a free conversion to a hosted hashing package where we will simply fill your wallets directly and you won’t have to worry about anything else. All the other costs taken care of by us. We are able to do this by using our 28nm chips which is why all products that we have coming out of our factory in the next few months will go into building and supplying the Plan B facility.
If, during the course of development of Neptune, there is any threat to the timelines for delivery, those delays will not result in the loss of any mining time for our Neptune customers. We will release more details of this as we get closer to the delivery date, but for now we have one of the world’s largest data centres to build.
Thanks
KnCMiner Team |
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