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1  Bitcoin / Project Development / Re: Exchange Price tracker app - Beta Testing - feedback please on: May 23, 2014, 11:55:44 PM
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.
2  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 11, 2014, 10:55:53 PM
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.
3  Alternate cryptocurrencies / Mining (Altcoins) / Re: Gridseed GC3355 -Hybrid Scrypt/SHA256 ASIC on: December 03, 2013, 01:50:25 AM
Are you only selling the chips?  Or do you intend to sell a full mining system. 
4  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 27, 2013, 06:35:38 AM
What's the deal with the reseller ID's ?

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

Here's mine:
https://www.kncminer.com/?resellerid=105
5  Bitcoin / Hardware / Re: Redhash by TAV. A new 105 Gh/s ASIC miner. IN STOCK NOW! on: September 27, 2013, 10:01:40 PM
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.  
6  Economy / Auctions / Re: TAV’s auction: Redhash 105 Gh/s ASIC miners on: September 27, 2013, 09:57:05 PM
1 @ 15.1 BTC
7  Bitcoin / Hardware / Re: KNC Miner - Jupiter device: which PSU are you guys planning on using? on: August 28, 2013, 08:18:37 PM
Looks like KNCMiner just came out with information regarding PSU. 
https://www.kncminer.com/news/news-31

Quote
So today we can reveal the following recommendations;
We recommend an 850 Watt PSU with a minimum of 4x PCI-E adaptors for our Jupiter model.
We recommend a 600 Watt PSU with a minimum of 2x PCI-E adaptors for our Saturn model.
We recommend a 400 Watt PSU with a minimum of a PCI-E adaptor for our Mercury model.
This recommended power wattage figure is calculated upon our max. power consumption of total device including all of its components.
We aim to ensure you use a power supply unit capable of outputting in excess of the current recommended wattage to prevent any problems caused due to insufficient power.
Note: Powers supplies must contain a sufficient number of PCI-E adaptors for each respective unit.

With the recommendations, which PSU is best?
8  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 28, 2013, 08:29:43 AM
I would love to hear about Gen 2 from KNC, but they are generally very tight lipped until things are in later stages. Cointerra may never materialize, and I certainly don't have the same confidence in them as I do in KNC, so I won't pre-order a unit. I would love to remain loyal to KNC, but they need to act in a manner than makes me feel confident in them beyond my initial purchases.

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.
9  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 27, 2013, 07:07:01 PM
  • "pretiumque et causa laboris"
  • For nonce and for all
10  Bitcoin / Hardware / Alydian Announces 5/10TH Systems w/ 65nm Chip on: August 07, 2013, 06:09:51 PM
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.


11  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 31, 2013, 08:22:06 PM
It says on the Byteminr site they have permission to host within the KnC pool, the fact the owner is Sam's bro certainly helps there;
http://www.byteminr.com/news/2013/7/23/announcing-support-of-the-kncminer-mining-pool

Ah, I should have read more into it before I posted.  Yes, nepotism does seem to have it's advantages.
 
12  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 31, 2013, 07:10:27 PM
Will KNC allow individuals who purchased their hardware but are not utilizing the hosting service from byteminr to participate in their mining pool?  
If not, how come?  (ie.  is it a programming nightmare to only allow KNC machines to access the pool and reject other mining hardware?)

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.
13  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 31, 2013, 06:50:30 AM
Anyone know the expected deliver date if I pay today?
Thank you

14  Bitcoin / Hardware / Re: How Many would like Wifi for KncMiners? on: July 29, 2013, 07:37:17 AM
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. 
15  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 23, 2013, 04:42:46 AM
What guarantee that they will deliver on time? will get our Miner in September 2013 guarantee??

Guaranteed by fiat.
16  Bitcoin / Hardware / Re: Gauging interest for an open-air case for Bitfury's ASICs on: July 23, 2013, 03:05:19 AM
Love the concept.  I'm interested and will reach you via your website.
17  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 23, 2013, 01:26:53 AM


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...
Nonsense, I have an IT company in the building that I am in, who got $40mill VC from Amsterdam and are doing great. Israel is also one of the VC  IT hubs of the world. http://en.wikipedia.org/wiki/Venture_capital_in_Israel

Most people don't know how to find and access VC offers, there is a lot of misinformation about.

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.
18  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 23, 2013, 01:16:11 AM
+1. They also have the option of getting funding through regular bitcoin investors through an IPO on one of the exchanges. I for one would greatly value the ability to invest in KnC.
I agree, I think that an IPO for a good ASIC hardware company would find lots of interest. One that is not interested in making huge mining farms for themselves like ASICminer, but just providing quality hardware for the general public. With the benefit that a lot of their shareholders would also become loyal customers.

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.
19  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 23, 2013, 12:30:37 AM
The Bitcoin ASIC business is currently away too risky for bigger venture capitalists. And the other problem is that those guys probably would not be happy with some ASIC miners. I guess, in case they would invest, they want at least 51% of your company. Wink
$3.5mill is what KNCminer said they needed for the wafer run, that's petty cash for a venture capitalist, in a sellers market too, would have been even easier. The problem is that engineers and technical people have little idea how to raise funds for a new venture, so they resort to the pre-order path and put up with truckloads of impatient buyers as a result.

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...
20  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 19, 2013, 12:44:47 AM
tltr - what 'batch' are the current orders at? As in if I ordered today what is the projected delivery date? 

In case you missed it on their home page:

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