Good luck. It took weeks of cajoling for them to admit to tape-out. No die shot, let alone a demo. But am glad they state they are on schedule...
We need black and white document to show they have really done the tape out. would be great if someone in Sweden could visit their office. And they would most likely polity tell them to piss off, as KNCminer are not the chip designers, and if you went to visit the actual chip designers are not going to start spewing out customer confidential information either, nor is the fab. That kind of commercial information is simply none of your business. |
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Once news of the miner gets out the price is going to drop
This makes no sense whatsoever. If any, the rising difficulty will make XPM scarcer. Difficulty != price Time and time again we are shown that a higher difficulty does not equal a higher price. But difficulty does set the minimum price you can afford to sell a coin you mined, due to the cost of power consumption. |
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KNC, do you all have an ETA on when you might be able to demo some prototypes? Would like to see some action from these on the test net, even if its not quite finalized and some tweaking is still going on. Basically a proof of concept as reassurance you'll be able to deliver when stated .... given recent asic fiascos at other companies (pretty much all of them) this would go a long way with potential customers...
Thanks!
I am quite sure they will announce when the receive the first chips from the foundry, so they can build a prototype. I suggest having another Xanax in the meantime. |
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And what if when they test the chips it turns out to be well over estimates?
Well obviously the whole exercise was for naught if they pull a BFL on that score. But of course, BFL did something so silly where they apparently failed to do optical proximity correction, and this is, apparently, why their power drain doubled. I'll bet that had Yifu laughing for days and days. I don't expect Orsoc to pull such a rookie move. Surely, Golbalfoundries should have picked up on that and told BFL before production of the wafers began? I heard it was something wrong with a metal layer. If so the next batch of BFL should be more power efficient. It just goes to show that the unforeseen is waiting to happen. That's why I wouldn't even dream about buying a PSU before actual measurements from a working prototype were published! I am even more conservative than that, and wont be placing an order with KNCminer before the prototype is demonstrated. I don't believe in this rush out before the diff rate increases BS, if they haven't got a long term viable ROI product, then I will wait until someone has. There are years of BTC mining ahead not just months. |
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If they're accepting PayPal, then that means they're accepting credit cards. If they don't deliver in 90 days, and refuse a refund you can still do a chargeback with your credit card, even if it's past PayPal's deadline Sorry to interrupt the fight but one thing I consider important is details on power supply required so that upon delivery we can all have one ready to go.
Time is going to be crucial especially in the first month with diff increases etc. , you don't want to lose time hashing waiting for an item like that do you?
Personally I'd like to be shopping for mine now and be sure it's the right one.
They said it would be "less then" 1,000 watts for a Jupiter, but then they said not to buy one yet because in their view a 1kW PSU would be a waste of money. That said, a 1kW PSU will definitely cover it. Additionally if people figure out how to overclock these things you might want a more powerful PSU. Also definitely go for an expensive, high-efficiency PSU. Not only will they be more reliable, and save money on heat, they'll generate much, much less heat as well. And what if when they test the chips it turns out to be well over estimates? |
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Sorry to interrupt the fight but one thing I consider important is details on power supply required so that upon delivery we can all have one ready to go.
Time is going to be crucial especially in the first month with diff increases etc. , you don't want to lose time hashing waiting for an item like that do you?
Personally I'd like to be shopping for mine now and be sure it's the right one.
They would have had to build a unit to report the actual power consumption, so your question would be answered in September. If you can't get an appropriate PSU from a local PC shop in less than an hour you must be in the 3rd. world somewhere. |
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Good to hear that they have taped out. Presumably they have working prototypes in the lab and are ckecking EMC compliance, getting CE approval, etc. I don't think you need CE approval if customers have to provide their own PSU's. Which I thought was why they went that route. What does "tape out" mean? Tape out is a BS term used by people that want to sound cool. In reality it's just the sending of the CAD files to the foundry to commence production, except there is a whole checking and consulting phase at the foundry that comes after they receive the CAD files which can take days or weeks, as these wafers are multi-million dollar projects, not some CAD file going to a PCB factory for a batch run. KNCminer would not be interacting with the foundry, as they didn't design the chips. |
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Far from it I've insisted you pay by credit card and call your issuing bank and ensure they will cover your ass after the Paypal 45 day window shuts. Mine will. I rang Barclays and recorded the lady in the fraud department on loudspeaker to be super sure. If anything I was instrumental in ensuring KnC accepted card payments. Read the damn thread. Oh really, so would you share that with all us? I will be glad to hear such conversation. https://www.kncminer.com/pages/paymentOur payment system will allow the following payment methods:
PayPal
Bitcoin via Bitpay
Bank transfer By the way, why KnC did not included "credit card" in their list of accepted payment method if 'was instrumental in ensuring KnC accepted card payments'? my guess is that they wanted to cut the time window down from 60 to 45 days using Paypal instead of CC. My guess is they didn't want the hassle and cost of opening a credit card online merchant facility when they had the relatively easy Paypal for which most shopping card software would have a plugin, but credit card would need something specifically written for their bank. |
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Has KNC reached tapeout yet?
I have asked the same question several times over the last days as well.. The natives are getting restless KNC  No, only the people that don't understand concepts like "shipping the first boxes in September" are getting restless. We are in July. It's like children in the back seat moaning "Are we there yet?" Wake me up when it's September 29th. |
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That should help get the backlog all cleared up in the next ~60 days I thought it was 33 days? Unbelievably, Josh had to move the date out to end of September, I am guessing they may have to push it out another couple of weeks past that though lol!  Oh, I didn't know that. That would make the ROI a lot worse, we are getting to a nasty period in diff increases with the chips for Avalon DIY kits starting to arrive already, I was hoping the end of August target would be good. |
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That should help get the backlog all cleared up in the next ~60 days I thought it was 33 days? |
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So where exactly does it say that batch #3 is held up due to a shortage of ASIC chips?
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Stop making clone coins that have zero innovation. If a coin has so little interest that there's only 30MH/s typically thrown at it then it doesn't need to exist. Multipools are the best things to happen to alts since Cryptsy. Without Cryptsy tens of people would still be clinging to the delusion that their pet crap coin was actually worth something. Without multipools there'd be no drive to produce an innovative coin with the fault tolerance necessary to withstand the abuse of a global market. If the next generation of alts can handle the rapid adoption of multipools then maybe they can handle an attack by a more determined player. Who knows, perhaps we'll be spared three page ANN threads for a "new" coin that disappears in 12 hours.
If coins adapt to multipools as you suggest, then the multipools will cease to be relevant, they will spend more time hopping, and less time mining, you will eventually be better off directly mining the coins. The only reason multipools work atm is because they know coins will stay at a certain diff for a number of blocks whilst they hammer them. As coins adapt it will just become a game of Whac-A-Mole. |
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CAP seems a little under-priced atm considering the fork problem is pretty much over.
give it a moment to settle out and I am sure it will start to rise..err at least I hope! Yeah, I have been sitting there snapping up all the little sell orders from the dumb miners that are too cheap |
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You said you were the only company shipping "in any meaningful quantity and hashrate", clearly that's not the case and there's no reason to think bitfury won't be able to ship.
He did say for the next month if you read the post properly. Yes, and I responded that Avalon and ASICMiner have shipped in quantity already. Next month will be even worse if bitfury ships their orders no time. If that doesn't happen, their claim to be the only company shipping a major amount of units is still incorrect. Who else is shipping major amounts in the next month? Block Erupters? |
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The problem with all the calculators is that they assume an exponential growth in mining forever. That would require ether an exponential growth month by month in ASIC providers forever, or an exponential growth in the amount of product they ship out the door. Is BFL going to shipping out 200x chips each month in a year, and 40,000x a year from now? Is Avalon going to be shipping millions of chips, then billions?
The stuff that goes out the door is reasonably linear, just bumpy, the exponential diff increases came about mostly by new vendors coming online. When that stops the diff increases will be more linear too. |
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its funny how things get hijacked and questions that people want from KNC get lost in the noise :/
That's because there is no news coming out of KNCminer for a week, so first the FUD starts to hit the thread, then it just degrades into random chatter like most unmoderated forums do. |
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CAP seems a little under-priced atm considering the fork problem is pretty much over.
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F
You said you were the only company shipping "in any meaningful quantity and hashrate", clearly that's not the case and there's no reason to think bitfury won't be able to ship.
He did say for the next month if you read the post properly. |
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