Quoting SebastianJu: It's FUD. It was released on a Sunday night with a shill twitter account and a two day old site with a dodgy landing page. Some journalists have been contacted direct and some have run with what they saw. None did any background as it was late in a Sunday night and they couldn't confirm, but the snowball produced by the hoaxer had gathered enough momentum by that point. Surprised by the WSJ though. Andrew Laurus does not exist and for the record w.r.t the first article, Kim Dotcom doesn't follow him on the pseudo Twitter account, he follows Kim Dotcom on a shill twitter account that resembles a 15-year olds outbursts... https://www.twitter.com/frankieterrierLast time someone woke 'Yifu in the middle of the night' because of FUD he came on this forum to put the record straight. Someone with wayy too much time on their hands is clearly trying to elicit some/any response from Yifu so he steps out into the open at a time he's ignoring a lot of requests to do so... You're not quoting Sebastian Ju, you're quoting me from Sebastian Ju's thread...  Bitcoinorama, here is the author of this FUD.... https://twitter.com/MJFerrSantos |
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Bitcoinorama, The twitter account does have me perplexed. I don't twit, so I can dig deeper. And the name they mention is actually Andrew Laurus, not Larson. Could that be Andrew Laurus (aka The Devil) with Sam (knc), Josh(bfl) and Yifu in that picture floating around? [/quote] Haha, I haven't finished editing that post yet! I'm still digging around. Gut says it's BS with a troll that has put in some considerable effort to then see it snowball so is still spamming pr releases over the web. Sunday eve release meant journalists could not call and dig, so they ran to be the first to break...? [/quote] Bitcoinorama, I am digging too, and I am not so sure this is fake. I hope KnC has their stuff together because if this is real.... Check this link out to those who doubt 20nm. http://www.techpowerup.com/173726/tsmc-seen-as-only-20-nm-asic-supplier-to-apple-in-the-next-2-years.htmland by TSMC. Now as for the author at bitcoinexaminer.....not much info...but I notice that she if it is a she which I doubt usually credits the source of the story with a link in the article....but not in this case. Not sure what to think of that. |
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Bitcoinorama, The twitter account does have me perplexed. I don't twit, so I can dig deeper. And the name they mention is actually Andrew Laurus, not Larson. Could that be Andrew Laurus (aka The Devil) with Sam (knc), Josh(bfl) and Yifu in that picture floating around? |
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The only similarities in that article are the $ amount and the name Avalon.
The WSJ article was pretty BTC specific.
Specific enough to mention BFL and KNCMINER (to stay on topic), and Yifu of Avalon (not Avalon Ventures of 2011 article). They mention TSMC, bitsyncom, Andrew Laurus and the Phoenix Fund. The Phoenix Fund does exist, with offices in Amsterdam. WORLD WIDE BITCOIN BANK minting its own BITCOIN......  ? |
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In one of the articles in regards to this Avalon deal, they mention that both BFL and KnCMiner were both passed up. It didn't say why, but I can imagine that all the bad PR BFL is having was probably one factor against them, and KnCMiner's new car smell probably was the deal breaker for them....IF THIS DEAL IS AT ALL TRUE!!
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Venture Capitalist don't just say ok here is 200 million....c u later.
nope, you have certain condition/stipulations/progress you must meet before they release another chunk. The deal might be for a total of $200 million, but it might be spread out in phases. Also, if this is true, one article I read said that Avalon would go private with their bitcoin miners.... mine for themselves. Now, if you have the banking connections Mr. Lewis has, could we be looking at some WORLD WIDE BITCOIN BANK.....making and moving BTC....is that worth $200M in 5 or 10 years??
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Didn't read the WSJ, but this article said they passed up BFL and KNC. They didn't say why.
But from that pic that was posted with SAM (KNC), Josh (BFL) and todays hero/villain (YIFU), YIFU Looks so dam smug, but i mean smug....like he knows he a bad mofo....bout to collect some of the 200 million headed his way. WOW.
I wonder if Josh and Sam knew of this deal during that pic (i doubt it)?
Notice Yifu isn't smiling.....
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Loredo, can you expand a little more on the second half of the quote here, where I believe you are referring to pool hopping. This might be of interest to those purchasing KnC equipment trying to maximize their ROI. Thanks.
No, he simply means there are more then 3600 coins mined every day so long as the hashrate is growing. It doesn't matter what pool you use. No, he simply means there are more then 3600 coins mined every day so long as the hashrate is growing. It doesn't matter what pool you use. [/quote] Ytterbium, I believe there are those that hop pools to maximize their returns....or mine more BTC. I imagine it is a risk to jump from mining pool to mining pool. no risk no reward! Loredo, please expand if this is the case. |
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Which made me think - is there a way to calculate difficulty based on network hash rate? They are linearly, functionally, related. That is, ignoring the transient network rate effects (which are what induce changes in difficulty in the first place) it is: 7158278 * D = Hash EDIT: This, BTW, is why difficulty in a trending network growth phase is, like any moving average, always the correct level for what was, not what is. Hence, the normalized "3600 coins per day" is actually often substantially higher, and a source of "gaming" in players' network participation. Loredo, can you expand a little more on the second half of the quote here, where I believe you are referring to pool hopping. This might be of interest to those purchasing KnC equipment trying to maximize their ROI. Thanks. |
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Kano or Ckolivas, have you heard back from KNCMiner?
And also, if can let us in on the subject of those last emails, would be greatly appreciated. Thanks ahead of time.
Kano, thanks for the earlier reply, and I understand if you or ckolivas are not at liberty to disclose your email discussions with KNCminer. At this point, it appears that you and ckolivas have more info. thank any of us on the board since you have the most recent communications with KNCMiner. Erk stated that I was out of line or pushy. I did mention "any chance" in my first request, so it did not come off pushy and this last time I again thanked Kano and mention "IF he could let us in" so not pushy either. OUT OF LINE?? Maybe, but prior I did ask Kano if there was a NDA for either him or ckolivas with KNC, but that was not answered. Had he said YES, I would not have asked again. |
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Kano or Ckolivas, have you heard back from KNCMiner?
And also, if can let us in on the subject of those last emails, would be greatly appreciated. Thanks ahead of time.
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Yipyip, in other words, according to kncminer, by "tape-out" they mean to say that the chip is beyond theoretical design, and is now actually in the fabrication (or build it stage as you put it) plant where they make ASIC chips?
Anyone know how long it takes to fab 50 wafers?
Wafers are manufactured in lots (e.g. 25 wafer each). A Foundry normally gives you a committed cycle time for the concrete 28nm fab for a wafer lot. That time strongly depends on what priority your run got and which tech options you choose (e.g. how many metal layers). If they were lucky and got a so called "rocket" run it could be as fast as 30 to 45 days. Standard runs take between 60 to 90 days. After that the wafers must be bumped (prepared for flip-chip packaging, probably at another facility), diced in dies and packaged in the flip-chip package. Don't know how long this takes exactly, but it could be easily "2 more weeks". Hypermega, thanks for that info. Any others with knowledge experience care to enlighten us further of Chip building?? KnCminer stated at the end of June that everything that needed to be order up to that point had been ordered. I wonder if this included the Tape-out? They then stated at the end of July that the ASIC tape-out had been done a while ago. Since it wasn't specifically stated at the end of June, I will assume that tape-out hadn't been done yet. I will also assume that in their July statement, 'a while ago' is two weeks, since in the Bitcoin world, 2 weeks is a while ago. That would mean that KnC would need the "rocket run" in order to make any September delivery. IF the end of June statement by KnC INCLUDED the tape-out, then a standard run will allow for Sept. 2013 delivery. BUT no matter what, if delivery is to take place in Sept., the ASIC chip on board will have to be done before the end of August to have any chance of delivery in September. I hope we get a clue in the next two week as my order sits on the sideline until further news. |
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Yipyip, in other words, according to kncminer, by "tape-out" they mean to say that the chip is beyond theoretical design, and is now actually in the fabrication (or build it stage as you put it) plant where they make ASIC chips?
Anyone know how long it takes to fab 50 wafers?
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Anenome5, can you describe "tape-out" to a noob.
Also, if KNC has already done this, and has already given a ship out date or timeline (sept. 1-30), why hold back any info. in regards to the
actual progress in the making of these machines??
I know others have stated competitive business practices and secrecy, but if there are other manufacturers/competitors, wouldn't they
know more or less where KNC is at in the manufacturing process by stating a shipping date/timeline anyway??
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ok, now that i got a seal with a club.....if i can translate that into actual btc, i will go to bitbet and i will place on kncminer to deliver.
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ok ok u got me bitcoinorama....
i actually want seals with clubs. hint hint
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yipyip, thanks for the info. on the time weight, i did not understand til now....will consider....still hoping to club some seals.....
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yipyip, if I can seal the deal with some clubs, i will bet this weekend, otherwise i will wait a little longer before betting.....but my gut tells me
naysayers will lose.
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Yipyip, you first stated 2 btc, now you are saying 1.1 btc, which I still do not see on the bitbet website. Just wondering if you are serious or just talking and not walking??
anyway, i will place a bet, but not this weekend. lol.
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