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1641  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] United Open Currency Solutions (UNOCS) - Feather, Phenix and Worldcoin on: July 23, 2013, 10:34:36 PM
So does UNOCS actually provide a product or service for the public, or is it just a PR exercise for 3 coins?


I would like to know what is offers the public, what can you order?



http://www.unocs.com

Quote

UNOCS releases the Bridge

UNOCS Bridge is a secure gateway that allows local and online businesses the ability to accept crypto currency both seamlessly and instantaneously. With just a few clicks, businesses can access thousands of potential new customers and lower overhead costs resulting in higher profit. Our highly skilled team provides technical solutions for all applications from home businesses to large enterprises. Accepting crypto currency has never been easier.

Building bridges one customer at a time.

I have already read that. If that it supposed to say there is a payment gateway coming similar to Bitpay or Paypal, why don't they say that, how about some details?


The whole episode with the countdown was hype.





Still you need more simple explanation. To make it more simple you can say it is something like paypal and it will be used by online sites to accept payments easily in cryptos.
Actually what we need is a more detailed explanation, not a simpler one, as per my previous post.

You seem to have the concept exactly backwards.
1642  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] United Open Currency Solutions (UNOCS) - Feather, Phenix and Worldcoin on: July 23, 2013, 09:47:01 PM
So does UNOCS actually provide a product or service for the public, or is it just a PR exercise for 3 coins?


I would like to know what is offers the public, what can you order?



http://www.unocs.com

Quote

UNOCS releases the Bridge

UNOCS Bridge is a secure gateway that allows local and online businesses the ability to accept crypto currency both seamlessly and instantaneously. With just a few clicks, businesses can access thousands of potential new customers and lower overhead costs resulting in higher profit. Our highly skilled team provides technical solutions for all applications from home businesses to large enterprises. Accepting crypto currency has never been easier.

Building bridges one customer at a time.

I have already read that. If that it supposed to say there is a payment gateway coming similar to Bitpay or Paypal, why don't they say that, how about some details? General, vague positioning statements about merchants can do this or that, are to be found on the sites of most crypto coins.


The whole episode with the countdown was hype. Lets have some substance, or be ignored.




1643  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] United Open Currency Solutions (UNOCS) - Feather, Phenix and Worldcoin on: July 23, 2013, 09:38:50 PM
So does UNOCS actually provide a product or service for the public, or is it just a PR exercise for 3 coins?


I would like to know what is offers the public, what can you order?


Why should we pay attention to UNOCS at all?


These questions are not clearly answered by either the press releases or the web site from what I have found.

1644  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 23, 2013, 09:33:08 PM

On the one hand, yes, I believe the BFL range can run on standard ATX PSUs. But on the other hand, BFL is offering customers an option to ship without the PSU, presumably due to lack of supply. I don't get it and I'm just happy that I'm not waiting on them to explain it.

BFL provide their own smaller PSUs as ATX ones are large compared to the miner, however even in the Jalapeno, they give you the cable to run it off a standard ATX PSU.


Avalon were the first to offer shipping without PSU as their devices were having trouble getting though customs in some countries. Seeing they were designed to have an internal PSU that made it pretty obvious the system needed to be electrically certified, a time consuming exercise. All these people assembling Avalon chip based solutions eg. Terahash etc. are going to be in the same boat. This is not good for the industry to have un-certified gear hitting customs all over the world.
1645  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 23, 2013, 09:15:06 PM


Sad story... say you're a BFL customer and you opt for hosting to get your unit hashing ASAP - this seems like a straightforward option. You pay for your 60GH miner, hosting and you've got a June or July 2012 order, so you feel like you might actually receive the product. Then the power usage for the products change drastically and BFL doesn't have enough PSUs. Of course they give customers the option of shipping w/o the PSU and so customers can supply their own hacked PSU, but those that paid for hosting - they are now SOL and waiting behind everyone else. It'd be funny, if it weren't sad.

Luckily there's no way KnC runs into this problem since their products uses a standard ATX PSU, available everywhere.
The BFL Single is designed to run off a standard ATX PSU, what do you think the people that ordered with out the PSU are using?

From what I can tell, the whole BFL range can run of standards ATX PSUs.

KNCminer don't even give you the option of ordering with a PSU from what I can tell. Which suggests that you will have extreme difficulty getting insurance, as it is probably not electrically certified for your country. We will have to wait and see if that's the case, every country is different.


1646  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] United Open Currency Solutions (UNOCS) - Feather, Phenix and Worldcoin on: July 23, 2013, 08:03:00 AM
Now the site says 3 more days.

I have lost interest in this, what a joke.
1647  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] United Open Currency Solutions (UNOCS) - Feather, Phenix and Worldcoin on: July 23, 2013, 07:36:43 AM
The countdown hit zero, now what?
1648  Bitcoin / Hardware / Re: Butterfly Labs shipping 300 units a day on: July 23, 2013, 06:31:38 AM
Quote
Monday, July 22, 2013 Shipping Update
by
BFL_Jody
07-23-2013 at 12:43 PM

    Jalapenos shipping through the Nov 2, 2012 Paydate

    Little Singles still shipping June 25, 2012
    Singles finishing June 23, 2012

    MiniRigs June 23

Jalapenos still wining.
1649  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 23, 2013, 04:44:38 AM


What guarantee that they will deliver on time? will get our Miner in September 2013 guarantee??
You will have to wait until September 2013 to see if they deliver on time wont you. The timing is obviously a best estimate, not a guarantee of anything, it maybe sooner, it may be later, it maybe not at all, those are your three options.
1650  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 23, 2013, 12:58:57 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.


1651  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 23, 2013, 12:39:13 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.



1652  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 22, 2013, 11:35:34 PM


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.

1653  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 22, 2013, 10:37:48 PM


How is providing a tape-out date giving away commercially sensitive information if they have already given a projected shipping date?
Because you are informing your competitors, of which there are several, exactly where you are up to.



I guess that the real "dangerous" competitors of KnC know that the tape-out must be executed end of June/beginning of July to have a minimum chance to meet the announced start of delivery in September, because they have all the numbers too (e.g. 28nm foundry cycle times, time required for bumping/packaging). And they also know, not announcing a tape-out means probably that it was not done yet.

So KnC competitors most likely feel quite comfortable without hearing anything about it. It's harder for KnC customers, which are at the same time investors in a risky business where time-to-market is everything.

If KNCminer were a serious business, they would have used venture capital to order the wafers etc. not taken a penny in pre-order money off people, and stormed onto the market with all guns blazing after not having warned the competiton they were coming. Hopefully they will do that with future products.
1654  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 22, 2013, 08:58:05 PM


Maybe they don't wish to be cast in the same mould as BFL? I'm betting that the way that they invited people to visit and have given out plenty of information and generally communicated with customers and potential customers makes for most people feeling much more confident?

I'm not 100% that they will manage their projected delivery dates, that would be unreasonable with a product that's at this stage. However, I'm pretty confident that I'll be getting a box from Sweden months before I'd have got anything from BFL , it will work and stay working and I won't be hearing "in 2 weeks" over and over when the time comes.

There's always a risk in this type of purchase, but count your blessings that you're not trying to even get an email reply from Flutterby Labs Wink
A month late..that's overachieving over in Kansas. Wink
It's more likely that it's because the are noobs, you can tell that from the way they simply cancelled the Mars FPGA unit with little regard for the impact on their reputation that caused. Fortunately their competition is not organized at this point, so it doesn't really matter.





1655  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 22, 2013, 08:48:44 PM


How is providing a tape-out date giving away commercially sensitive information if they have already given a projected shipping date?
Because you are informing your competitors, of which there are several, exactly where you are up to.

1656  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 22, 2013, 08:22:52 PM

The tape-out date (sending the final layout to the fab, ordering the masks and wafers) is the major milestone of any ASIC design project. Every customer/investor should be informed about when this is planned and when it was finally executed (this is at least the case in the "normal" ASIC business world). Because after that the "train has left the station" and the time until wafers leave the fab is somehow predictable.

The layout was probably not final in June, otherwise it would not be possible to change the package later on.

If there is no tape-out in July it is impossible that KnC will have packaged dies in their hands end of September (not talking about delivering fully debugged miners to end customers).

Nonsense, there no reason to inform the customers about what's going on behind the scenes, you don't see any of the big electronics manufacturers doing that, they would consider it commercially sensitive information.

1657  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 22, 2013, 08:18:46 PM
With a 59% or more rise in difficulty next increase (https://blockchain.info/charts/hash-rate) I wonder whether I should cancel my

How did you come up with 59%?  The next difficulty increase is predicted at 20% in a few hours time.




Difficulty change is based on speed of last 2016 blocks solved. Current set was due for completion on 25th.

If 297TH/s figure I saw becomes average over next 2016 blocks they'll be solved very quickly. Then my estimate would apply for the following set of 2106 blocks.

BTW: hash rate has dropped back to 256TH/s. Someone was testing a lot of capacity.
Yeah well you were wrong, the difficulty only went up to 31,256,961, less than 20% not 59%.

1658  Bitcoin / Hardware / Re: Butterfly Labs shipping 300 units a day on: July 22, 2013, 08:14:50 PM

But, lets say they have for giggles. Its only because of the Jalas which may be why they're so far ahead in Jalas. They somehow figured that they can look good by shipping out all the supply of Jalas they can assemble and side-shaft the Minirigs and Singles.
Its a scumbag move through and through.

Have you considered that one model might be easier and faster to build than the others? Nah, that would be too obvious, doesn't fit in with your tin foil hat theory.

1659  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 22, 2013, 11:34:51 AM


No offence here! Finally is just a question how they dice the wafers. Maybe it would be even wise, to have 4 dies 25 GH/s each in Multi-Chip-Package. But as you said, in sum they probably will have 100 GH/s per 120mm2.

Funny detail, the minimum count of wafers one can order at a foundry is 25 (1 lot)! Wink

It's really a good question, why invest another $1.5M - $2M for a new 28nm full mask set for gen 2 ASIC if you dominate the market with gen 1?



It may not require new wafers, it might be just an updated product line. eg. 2000watt with 8 chips.

1660  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 22, 2013, 10:05:22 AM
With a 59% or more rise in difficulty next increase (https://blockchain.info/charts/hash-rate) I wonder whether I should cancel my

How did you come up with 59%?  The next difficulty increase is predicted at 20% in a few hours time.


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