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Moebius327
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June 07, 2015, 08:00:27 PM |
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The idea that they would swap PH for PH doesn't fly. They have a competitive advantage which will force other miners off the network. With 4 cents per kWh they can stay profitable for much longer than most, even with current tech. With electricity usage down 60-80% they can easily double the network and remain plenty profitable per minted coin. But now they will mint much more of them. Plus, they've already announced new data centers with several tens of megawatt of electricity available. Too bad they only make the hardware for themselves now. So announcing it is kind of just rubbing it in everyone's face.
Yeah, that's what I am wondering. Why are they announcing this if they only manufacture for themselves? It's kind of revealing a competitive advantage on purpose. Maybe they need funding. To discourage the rest of us from buying more miners. Yes this makes sense. Still I doubt if the chips are going to be hashing in the next 5-6 months. |
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Fatman3001
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June 07, 2015, 08:09:07 PM |
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I'm thinking largescale miners will eventually have to start scaling down to the most efficiency vs most gain as rewards keep halving. I can't imagine it being cost effective to run all out full bore till the end of rewards when the only take will be transaction percentages.
Market cap on BTC today is around 3 billion usd. If it reaches its potential it should be in the trillions. Even just the transaction fees would be sufficient to power a pretty hefty network. The question is more if Bitcoin would be forced to go over to PoS mining due to environmental concerns. |
"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
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Amph
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June 08, 2015, 07:19:44 AM |
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The idea that they would swap PH for PH doesn't fly. They have a competitive advantage which will force other miners off the network. With 4 cents per kWh they can stay profitable for much longer than most, even with current tech. With electricity usage down 60-80% they can easily double the network and remain plenty profitable per minted coin. But now they will mint much more of them. Plus, they've already announced new data centers with several tens of megawatt of electricity available.
so in the end we are thinking the same, they will raise their power, thus increases their hash and their wattage at the same level of 28nm, result in making more coins and more dump |
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Fatman3001
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June 08, 2015, 07:42:21 AM |
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The idea that they would swap PH for PH doesn't fly. They have a competitive advantage which will force other miners off the network. With 4 cents per kWh they can stay profitable for much longer than most, even with current tech. With electricity usage down 60-80% they can easily double the network and remain plenty profitable per minted coin. But now they will mint much more of them. Plus, they've already announced new data centers with several tens of megawatt of electricity available.
so in the end we are thinking the same, they will raise their power, thus increases their hash and their wattage at the same level of 28nm, result in making more coins and more dump I'm sorry if I misread you. I hadn't seen this thread by then. |
"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
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Sine(X)
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June 13, 2015, 10:30:01 AM |
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KNC said new 16nm chip will be 6-8 times more effective than 28nm chip (NOT 20nm!)
KNC 28nm miner - Saturn and Jupiter, 1.09W/Ghs
So new 16nm chip will be 0.14-0.18 W/Ghs, not 0.07W/Ghs
Nevertheless I don't believe in KNC, they are liars and their 16nm 3D chip is fake
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Fatman3001
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June 13, 2015, 10:48:46 AM
Last edit: August 27, 2015, 11:48:13 AM by Fatman3001 |
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KNC said new 16nm chip will be 6-8 times more effective than 28nm chip (NOT 20nm!)
KNC 28nm miner - Saturn and Jupiter, 1.09W/Ghs
So new 16nm chip will be 0.14-0.18 W/Ghs, not 0.07W/Ghs
Nevertheless I don't believe in KNC, they are liars and their 16nm 3D chip is fake
I think those numbers are more realistic. They've been claiming to be "on schedule" to release a 0.07J/Ghs chip in "early 2016" for quite a while. At the beginning they were talking about Jan/Feb 2016. So claiming they were "on schedule" is misleading. The whole Solar Campaign has been misleading, probably to dissuade competitors and other miners from investing in new processes and gear. That might actually have been a good thing, because the aggressive price drop meant that a bit of consolidation has been good for miners. Not that that was what KnC had in mind. Even if the chip design in theory could reach 0.07J/Ghs, those numbers are so low that inefficiencies in the layout of the boards can easily pump power usage up 3x. If Bitmain or Spondoolies come out with machines based on much smaller 14/16nm FinFet chips (far fewer cores per chip) I think it should be easier to get close to 0.1W∕Ghs. |
"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
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Digit-0
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in the end, you only find the beginning
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June 13, 2015, 12:34:16 PM |
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is awesome that the industry is doing giant steps thanks to BTC world. like military is doing with tegnology  , in the end im happy with it, diff will raise a lot yes, but i think is good for us. |
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klondike_bar
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June 20, 2015, 02:55:52 PM |
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they would still be making money because other miners would give up, droppingf the difficulty, while KNC and anyone with <5c/kwh will be able to mine more BTC for themselves |
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mmmaybe
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June 23, 2015, 09:59:18 AM |
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As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.
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philipma1957
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'The right to privacy matters'
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July 06, 2015, 12:52:54 AM |
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As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.
Knc 's 16nm chip never is built in a mass production . How is that for a prediction? |
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Jamphone
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July 06, 2015, 12:48:51 PM |
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As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.
KNC is broke. Their financials got leaked. They are in a ton of trouble and will probably need to sell most of their company to stay afloat. |
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Fatman3001
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July 06, 2015, 02:25:55 PM |
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As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.
Knc 's 16nm chip never is built in a mass production . How is that for a prediction? A 5000 core chip with a new production process with yield issues? What can go wrong? |
"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
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Fatman3001
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July 06, 2015, 02:27:24 PM |
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As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.
KNC is broke. Their financials got leaked. They are in a ton of trouble and will probably need to sell most of their company to stay afloat. They've had a ton of investor money flowing in, I'm just curious at what terms. A lot of them must be itchy to try clawing some of the money back. |
"I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse." - Robert Metcalfe, 1995
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itop_james
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August 24, 2015, 01:49:51 AM |
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As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.
Knc 's 16nm chip never is built in a mass production . How is that for a prediction? According to the latest news of Alchip, KNCminer Solar chip already Started mass-production at July , if their machines are ready at early of Sep. they probably start mining themselves, we will see how the hashing power increased if it is true. |
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Starin
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August 24, 2015, 12:58:29 PM |
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As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.
Knc 's 16nm chip never is built in a mass production . How is that for a prediction? According to the latest news of Alchip, KNCminer Solar chip already Started mass-production at July , if their machines are ready at early of Sep. they probably start mining themselves, we will see how the hashing power increased if it is true. Well I'm not a expert, but what would be the actual increase? Have to keep in mind that they are also shutting down the old miners. Today the network hash is 421 phs and yesterday I saw 375 phs. I don't know if 46 phs can be a spike, does anyone have an idea? Or am I just daydreaming? |
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