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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3011140 times)
demonmaestro
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September 26, 2013, 07:11:35 AM
 #10801

If bitcoin is a ponzi scheem then why are you in it?

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September 26, 2013, 07:15:26 AM
 #10802

@bitcoinorama:

any news about your w/e in Stockholm?
do you buy the ticket?


Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
Micky25
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September 26, 2013, 07:20:23 AM
 #10803

If bitcoin is a ponzi scheem then why are you in it?

Because I want to get rich  Cheesy

No, seriously, it must be some masochistic streak.
Bitcoinorama
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September 26, 2013, 07:38:04 AM
 #10804

Welcome to the world class thinkers, "I can get something for nothing" crowd...


It's not me supporting the guys at the TOP of the PYRAMID! - Not anymore!
So, who is working for the "dark side"? Well, those funding the preorders for the ASIC Companies, who will make THEM Millionaires while making all of you SLAVES, hashing at a fraction of the capacity you bought into, while GIVING ENERGY, (FORCE) to those WHO CONTROL YOU!

For me, No thanks!
I retook my power from the evil dark side of ASIC mining companies.  Cool


My feelings exactly - ASICs opened the doors to the worst scams of them all - this was never possible in the GPU days -
everybody had access to real hardware vendors, not these these wannabe pretenders.  The verdict on KNC is still out,
I did consider them back in May, but decided against it when they pulled the plug on the FPGA Litecoin miner.
Instead I decided to pursue the Avalon group-buy DIY route - with a reputable organizer (Zefir) - well at least I received
a full refund from Zefir - thank you again.

At this time it does not make sense to buy any mining product, especially a pre-order, as all ASIC manufacturers use their
profits to mine, or even worse, use your pre-ordered equipment to mine (Avalon). and then don't even have the decency
to clean them up, before finally shipping them to their customers.

I am not saying that KNC is like Avalon, but their September shipping date is already moved at best to September 30, if
this month at all.  Remember, every ASIC manufacturer is above all else your competition in this game, and they hold
the upper hand.  Angry

1. They never pulled the plug on the Litecoin miner. They had never promised any kind of Litecoin miner back then. It was me hassling them non stop to make Mars into one, that's how I struck up a rapport with Sam in the first place, it's in this thread. His response always was the entire point in Mars was to prove of concept of the ASIC code working. He took aboard my comments, and even started a poll on the KnC site, when the volume of people voted 'yes' we want a Litecoin miner KnC only then promised to revisit the idea after the ASIC. They weren't going to develop multiple products simultaneously as that would heap ordinate one or the other project. Now they are working on an FPGA miner.

2. I have to laugh at all this ROI crap, and the nonsense written above my response. How was this ever going to be any different from GPU mining? What you seriously, seriously thought you'd be banking thousands of this? For starters it's a machine that spits out Bitcoins, as graphics cards did when you applied the Bitcoin protocol to them. Secondly, don't blame the manufacturers, blame yourselves, whilst profit margins exist customers pile in, as you all want money printing machines. How many of you actually had a GPU farm in the first place?? Few here I bet supported Bitcoin before the turn of the year, or were even aware of it. The comments resonate immaturity. Most came from the media explosion after Cyprus hunting a gold rush.  Well like the GPU mining days the real profit will eventually come from a rise in BTC price over time of you believe Bitcoin will continue to grow in strength an adoption. Want some big money? Innovate Bitcoin products and services, making it more approachable to the general public. Convince more people like yourselves to get involved. Stop expecting a free lunch:

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
bitrebel
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September 26, 2013, 07:41:32 AM
 #10805

Welcome to the world class thinkers, "I can get something for nothing" crowd...


It's not me supporting the guys at the TOP of the PYRAMID! - Not anymore!
So, who is working for the "dark side"? Well, those funding the preorders for the ASIC Companies, who will make THEM Millionaires while making all of you SLAVES, hashing at a fraction of the capacity you bought into, while GIVING ENERGY, (FORCE) to those WHO CONTROL YOU!

For me, No thanks!
I retook my power from the evil dark side of ASIC mining companies.  Cool


My feelings exactly - ASICs opened the doors to the worst scams of them all - this was never possible in the GPU days -
everybody had access to real hardware vendors, not these these wannabe pretenders.  The verdict on KNC is still out,
I did consider them back in May, but decided against it when they pulled the plug on the FPGA Litecoin miner.
Instead I decided to pursue the Avalon group-buy DIY route - with a reputable organizer (Zefir) - well at least I received
a full refund from Zefir - thank you again.

At this time it does not make sense to buy any mining product, especially a pre-order, as all ASIC manufacturers use their
profits to mine, or even worse, use your pre-ordered equipment to mine (Avalon). and then don't even have the decency
to clean them up, before finally shipping them to their customers.

I am not saying that KNC is like Avalon, but their September shipping date is already moved at best to September 30, if
this month at all.  Remember, every ASIC manufacturer is above all else your competition in this game, and they hold
the upper hand.  Angry

1. They never pulled the plug on the Litecoin miner. They had never promised any kind of Litecoin miner back then. It was me hassling them non stop to make Mars into one, that's how I struck up a rapport with Sam in the first place, it's in this thread. His response always was the entire point in Mars was to prove of concept of the ASIC code working. He took aboard my comments, and even started a poll on the KnC site, when the volume of people voted 'yes' we want a Litecoin miner KnC only them promised to revisit the idea after the ASIC. They weren't going to develop multiple products simultaneously as that would heap ordinate one or the other project. Now they are working on an FPGA miner.

2. I have to laugh at all this ROI crap, and the nonsense written above my response. How was this ever going to be any different from GPU mining? What you seriously, seriously thought you'd be banking thousands of this? For starters it's a machine that spits out Bitcoins, as graphics cards did when you applied the Bitxoin protocol to them. Secondly, don't blame the manufacturers, blame yourselves, whilst profit margins exist customers pile in, as you all want money printing machines. How many of you had a GPU farm in the first place?? Most came from the media explosion after Cyprus hunting a gold rush.  Well like the GPU mining days the real profit will eventually come from a rise in BTC price over time of you believe Bitcoin will continue to grow in strength an adoption. Want some big money? Innovate Bitcoin products and services, making it more approachable to the general public. Convince more people like yourselves to get involved. Stop expecting a free lunch:

Well said.

 Smiley

However....An increased raise in bitcoin price....significant....not very promising.

And I am a seriously FIRM believer in bitcoin....

But with the NSA scandal, and all things considered, nobody can really trust in something they cannot hold...

NO MATTER WHAT!

Anyone who believes in the digital infinite capabilities, is foolish and naive. And believes in something that always be broken or unproven, with sophistication.
That's just the REAL world, folks. It's PHYSICAL, not virtual. Get a grip, get back to reality, and WAKE THE FUCK UP!!!

And that's coming from a serious long time activist, with 15 years + in the freedom movement.

WAKE THE FUCK UP, ALREADY!!!!    Angry


Why does Bitrebel have 65+ Ignores?
Because Bitrebel says things that some people do not want YOU to hear.
arlekyn13
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September 26, 2013, 07:53:19 AM
 #10806

Is there any reason why KNC would keep the volume of pre-sales secret? I mean, I'm not interested in their profit, but I'm interested in the projected hashing power they will bring to the network.

Edit: I just figured that the info would most likely cause a wave of refund requests  Roll Eyes

1CmrswU7JYpi9WNC8EHWCV3aam1FJsW2Zu - to show appreciation for my work
bitrebel
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September 26, 2013, 07:53:38 AM
 #10807

Actually, who cares about YOU? If you do not care for yourself?
Be forewarned!
Outtahere!

Why does Bitrebel have 65+ Ignores?
Because Bitrebel says things that some people do not want YOU to hear.
erk
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September 26, 2013, 07:54:51 AM
 #10808

Is there any reason why KNC would keep the volume of pre-sales secret? I mean, I'm not interested in their profit, but I'm interested in the projected hashing power they will bring to the network.
I would imagine all the ASIC vendors not to give out their sales figures to the world unless they were a public company under legislation to report such things. It would help their competition do a SWOT analysis.



sobani
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September 26, 2013, 08:14:39 AM
 #10809

Is there any reason why KNC would keep the volume of pre-sales secret? I mean, I'm not interested in their profit, but I'm interested in the projected hashing power they will bring to the network.
I would imagine all the ASIC vendors not to give out their sales figures to the world unless they were a public company under legislation to report such things. It would help their competition do a SWOT analysis.

Well, HashFast makes their order chain public. Though they don't do a real good job of keeping it up to date.
J35st3r
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September 26, 2013, 08:15:13 AM
 #10810

1. They never pulled the plug on the Litecoin miner. They had never promised any kind of Litecoin miner back then. It was me hassling them non stop to make Mars into one, that's how I struck up a rapport with Sam in the first place, it's in this thread. His response always was the entire point in Mars was to prove of concept of the ASIC code working. He took aboard my comments, and even started a poll on the KnC site, when the volume of people voted 'yes' we want a Litecoin miner KnC only then promised to revisit the idea after the ASIC. They weren't going to develop multiple products simultaneously as that would heap ordinate one or the other project. Now they are working on an FPGA miner.

He made the right call. Litecoin on FPGA is difficult, the performance gain over GPU is marginal (lower power, but cost per hash is similar if not more expensive). There are several products coming to market soon (Jasinlee, Koolio, perhaps Funnow later), and Beekeeper has a demo board. And there are some obvious scams too. There is also an open source miner, though the performance is rather poor.

1Jest66T6Jw1gSVpvYpYLXR6qgnch6QYU1 NumberOfTheBeast ... go on, give it a try Grin
Xialla
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September 26, 2013, 08:40:24 AM
 #10811

I don't want to be pessimistic, but here are some facts:

https://www.kncminer.com/news/news-36
We will update this news site as often as we can with news. - Nothing new last 9 days?
We will even have some videos this week from our Swedish assembly factory - I saw 10 sec long video with PCB without chip this week. Where are "videos from assembly factory" from last week?
The first chips off of the production line we will run at full speed in our launch video - We are 3 working days (5 days) from deadline. Where is launch video of working unit?

https://www.kncminer.com/news/news-34
Firstly, our orders for September delivery are now closed - I think, that there is a difference between shipping date and delivery date. Yes, KNC promise delivery of unit until September. - they have to process 1st day of shipping until Saturday and 2nd day of shipping until Sunday.

https://www.kncminer.com/news/news-32
Finally we wish to confirm that yes we are still on track for our delivery towards the end of September. - delivery not shipping (again)

@fanclub: there are just facts, you don't need to advocate KNC now.
madsusies
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September 26, 2013, 08:45:16 AM
 #10812

I don't want to be pessimistic, but here are some facts:

https://www.kncminer.com/news/news-36
We will update this news site as often as we can with news. - Nothing new last 9 days?
We will even have some videos this week from our Swedish assembly factory - I saw 10 sec long video with PCB without chip this week. Where are "videos from assembly factory" from last week?
The first chips off of the production line we will run at full speed in our launch video - We are 3 working days (5 days) from deadline. Where is launch video of working unit?

https://www.kncminer.com/news/news-34
Firstly, our orders for September delivery are now closed - I think, that there is a difference between shipping date and delivery date. Yes, KNC promise delivery of unit until September. - they have to process 1st day of shipping until Saturday and 2nd day of shipping until Sunday.

https://www.kncminer.com/news/news-32
Finally we wish to confirm that yes we are still on track for our delivery towards the end of September. - delivery not shipping (again)

@fanclub: there are just facts, you don't need to advocate KNC now.
without the chips there is nothing to show, the pictures are fake borards without chips
GodHatesFigs
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September 26, 2013, 08:55:48 AM
 #10813

Lol, still nothing of consequence shown. Enjoy that 150mil difficulty!
btcusr
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September 26, 2013, 09:06:19 AM
 #10814

But, I'm waiting for this,

 https://www.kncminer.com/news/news-37

Smiley

demonmaestro
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Mining for the hell of it.


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September 26, 2013, 09:07:26 AM
 #10815

error 404 your waiting on?

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bbxx
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cryptoshark


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September 26, 2013, 09:08:01 AM
 #10816

I don't want to be pessimistic, but here are some facts:

https://www.kncminer.com/news/news-36
We will update this news site as often as we can with news. - Nothing new last 9 days?
We will even have some videos this week from our Swedish assembly factory - I saw 10 sec long video with PCB without chip this week. Where are "videos from assembly factory" from last week?
The first chips off of the production line we will run at full speed in our launch video - We are 3 working days (5 days) from deadline. Where is launch video of working unit?

https://www.kncminer.com/news/news-34
Firstly, our orders for September delivery are now closed - I think, that there is a difference between shipping date and delivery date. Yes, KNC promise delivery of unit until September. - they have to process 1st day of shipping until Saturday and 2nd day of shipping until Sunday.

https://www.kncminer.com/news/news-32
Finally we wish to confirm that yes we are still on track for our delivery towards the end of September. - delivery not shipping (again)

@fanclub: there are just facts, you don't need to advocate KNC now.
without the chips there is nothing to show, the pictures are fake borards without chips

bad scenarios...

i think chips stuck at customs for the next 3 weeks... or more
like avalon ones

every chip have to be checked and this takes time

there is a technology transfer issue and homeland producers protection plan

or even worse
Ytterbium
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September 26, 2013, 09:09:26 AM
 #10817

He was implying that they should do testing.

I know KnC is on record saying this is a cell based asic, not a hardcopy. But that was said a long time ago, and  if you look at the known facts:

- significantly worse GH/J than competing 28nm (and even 55nm) chips,
- judging by the chip package, massive die size, ~3x larger per GH than cointerra and hashfast
- extremely fast TTM (assuming they meet their goals), with apparently no need for any chip testing
- Chip developed by a company with a trackrecord in doing altera harcopy conversion
- Originally planned to do an FPGA
- PCB tested/photographed with an altera cyclone FPGA that just happens to fit

I have a hard time believing this is not a hardcopy or some other structured asic.

(Note: Im not saying thats a bad thing. Its what I would have done too).


KnC have created a standard cell ASIC.

They aren't significantly worse GH/J than any other competing 28nm company, which has been my entire point the whole time.

The competing 28nm companies are using the same process, at the same node. Just KnC were first and have been honest, and realistic with their expectations, letting the evidence talk for itself when they have something to show.

The other competitors were months late and had to embellish upon marketing to tie up funds and promise figures based on best case simulations, just some have taken it a step further and been very dishonest.

28nm standard cell, is a 28nm standard cell, either you realise this now, or time will demonstrate this fact.

Sure KnC have probably employed margins that may have erred on the side of caution as they saw speed and mitigating risk as the main priority, but we are talking a minor percentage performance difference between competitors from the final result, not major as has been claimed.

That doesn't occur until the next major step down in geometry from 28nm.


Hashfast and Cointera are "Full Custom" ASICs, like bitfury.  Not Standard Cell (or so they claim).  So they could hypothetically be faster.

Anyway, we know what the specs are, and the prices. It doesn't make any difference if it's standard cell, full custom or hardcopy so long as it's cost effective.

Ytterbium
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September 26, 2013, 09:11:08 AM
 #10818

which leads you to believe everyone except KnC is lying through their teeth about their specs, and which leads me to question if KnC are doing a full custom design.
btw, VMC is doing a structured ASIC and their efficiency projections are better than KnCs. OF course they may also be overly optimistic, but still.

Besides, you havent explained the die size.

Quote
28nm standard cell, is a 28nm standard cell, either you realise this now, or time will demonstrate this fact.

How exactly would you tell? And how do you explain the picture of the PCB with a cyclone FPGA that was used to test the board? What are the odds a full custom asic would end up with the exact same compatible pinout as a cyclone/hardcopy?

God you're dumb. Full custom isn't the same as standard cell.  And obviously you can create a digital logic ASIC that will be pin-compatible with an FPGA.

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September 26, 2013, 09:12:18 AM
 #10819

error 404 your waiting on?

404 now, but hope, soon KNC will post something here..

bbxx
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cryptoshark


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September 26, 2013, 09:18:33 AM
 #10820

http://mining.thegenesisblock.com/a/40083c6e43

jupiter with hosting
90BTC
not looking good...
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