Swedish ASIC miner company kncminer.com

[mruiter]

6 Serial Ports, So i get two extra hashing units because we did not get it in September  
And offcourse because i did not bash you like many here 

Excuse my ignorance, but do the extra serial ports have anything to do with shipped hashing power (being extra) or?
I wonder about the power of these units. Really, if KNCMiner wants to upend the industry (as I alluded to above), this would be how to do it. (Ship on time and with profitable units).

One serial port for every hashing board. As far as i can see on the board tracks there all going to the same chip.
So maybe 6 serials. But who knows what they are going to do with these ports

[drico]

Damn I think I recognized the background :


just kiddin'

[tarmi]

I can understand why KNC staff is happy about being able to deliver (unlimited amount) of stuff that brought them a nice amount of money. Failing to understand why people here are happy for being confirmed to receive a product that will no longer give a positive ROI, while being unable to cancel their orders.

this.

they will be late for a week or two at best, and people here are celebrating.

[frankenmint]

I need to see a top down view of their physical product photos to guage whether or not 6 modules would fit in one case.  It looks like 6 wouldnt fit.  Maybe they designed it this way in anticipation of v2 hardware which may make use of this main controllerboard.

[btcusr]

Competition is good.. now let's wait for CoinTerra..

[tolip_wen]

6 Serial Ports, So i get two extra hashing units because we did not get it in September  
And offcourse because i did not bash you like many here  

Excuse my ignorance, but do the extra serial ports have anything to do with shipped hashing power (being extra) or?
I wonder about the power of these units. Really, if KNCMiner wants to upend the industry (as I alluded to above), this would be how to do it. (Ship on time and with profitable units).

One serial port for every hashing board. As far as i can see on the board tracks there all going to the same chip.
So maybe 6 serials. But who knows what they are going to do with these ports

The main PCB looks like it is prepared for a second bone.
Plenty of mystery.

EDIT spelling typo

[Meizirkki]

6 Serial Ports, So i get two extra hashing units because we did not get it in September  
And offcourse because i did not bash you like many here 

Excuse my ignorance, but do the extra serial ports have anything to do with shipped hashing power (being extra) or?
I wonder about the power of these units. Really, if KNCMiner wants to upend the industry (as I alluded to above), this would be how to do it. (Ship on time and with profitable units).

One serial port for every hashing board. As far as i can see on the board tracks there all going to the same chip.
So maybe 6 serials. But who knows what they are going to do with these ports

The main PCB looks like it is prepared for a secong bone.
Plenty of mystery.

yup. Methinks they might have the 2nd gen coming pretty soon.

[frankenmint]

here is how we can still win the bitbet  - Take out your jupiter at the airport or even there on site at knc...have it hashing with a cpu monitor and a screenshot of your worker dashboard that shows your a different address/pool I think we only need 5 confirmed units hashing and even if they are at the stockholm airport on the way back home...it would count wouldnt it?  Needs 5 different local pickups to be able to do this...but thats a huge if and only if they get units up and hashing today!!!!!!!

[arlekyn13]

here is how we can still win the bitbet  - Take out your jupiter at the airport or even there on site at knc...have it hashing with a cpu monitor and a screenshot of your worker dashboard that shows your a different address/pool I think we only need 5 confirmed units hashing and even if they are at the stockholm airport on the way back home...it would count wouldnt it?  Needs 5 different local pickups to be able to do this...but thats a huge if and only if they get units up and hashing today!!!!!!!

Am I the only one checking each IP that reported a found block to see if it's a Swedish IP? Keep an eye there, tests are on-going as we speak

[btc_uzr]

here is how we can still win the bitbet  - Take out your jupiter at the airport or even there on site at knc...have it hashing with a cpu monitor and a screenshot of your worker dashboard that shows your a different address/pool I think we only need 5 confirmed units hashing and even if they are at the stockholm airport on the way back home...it would count wouldnt it?  Needs 5 different local pickups to be able to do this...but thats a huge if and only if they get units up and hashing today!!!!!!!

I would not expect units ready for pickup today.
Image your day1 unit is a pickup and you read 'boxes are ready now, pick them up!' while sitting 100's if not 1000's KM away in front of your screen.

[Its About Sharing]

It is going to take JUST ONE company to release a profitable (clearly) miner to upend the whole market. And that, will be messy but much needed.

It cant happen. If Hashfast/cointerra/whomever slash their prices to the point where its "clearly profitable", all that will result in is more orders than they could possibly deliver. Or if they somehow could deliver, even at those prices it would turn out to be no longer profitable because difficulty would shoot through the roof.

Anything can happen. It takes one company that can meet demand or at least put out enough to make things fair. Obviously if you are selling money printing machines you are going to need to set limits.
To get the network more secure, it would be nice to allow more people access, instead of just selling to big pocketed people.

Anything is possible, just need to have an open mind...

[Puppet]

It is going to take JUST ONE company to release a profitable (clearly) miner to upend the whole market. And that, will be messy but much needed.

It cant happen. If Hashfast/cointerra/whomever slash their prices to the point where its "clearly profitable", all that will result in is more orders than they could possibly deliver. Or if they somehow could deliver, even at those prices it would turn out to be no longer profitable because difficulty would shoot through the roof.

Anything can happen. It takes one company that can meet demand or at least put out enough to make things fair. Obviously if you are selling money printing machines you are going to need to set limits.
To get the network more secure, it would be nice to allow more people access, instead of just selling to big pocketed people.

Anything is possible, just need to have an open mind...

You dont get it. Plenty of miners seem to think current prices are "fair", or they wouldnt be buying. You expect a manufacturer to both lower their prices, and limit supply, only so that those miners would be guaranteed a profit (at their expense)? Get real.

[naRky]

new photo here
https://www.kncminer.com/news/news-39

[sickpig]

new photo here
https://www.kncminer.com/news/news-39

old picture.

guys please, as I always said, just skim through the last few pages before posting.

[Xialla]

I can understand why KNC staff is happy about being able to deliver (unlimited amount) of stuff that brought them a nice amount of money. Failing to understand why people here are happy for being confirmed to receive a product that will no longer give a positive ROI, while being unable to cancel their orders.

sad, but you are right..

[Its About Sharing]

It is going to take JUST ONE company to release a profitable (clearly) miner to upend the whole market. And that, will be messy but much needed.

It cant happen. If Hashfast/cointerra/whomever slash their prices to the point where its "clearly profitable", all that will result in is more orders than they could possibly deliver. Or if they somehow could deliver, even at those prices it would turn out to be no longer profitable because difficulty would shoot through the roof.

Anything can happen. It takes one company that can meet demand or at least put out enough to make things fair. Obviously if you are selling money printing machines you are going to need to set limits.
To get the network more secure, it would be nice to allow more people access, instead of just selling to big pocketed people.

Anything is possible, just need to have an open mind...

You dont get it. Plenty of miners seem to think current prices are "fair", or they wouldnt be buying. You expect a manufacturer to both lower their prices, and limit supply, only so that those miners would be guaranteed a profit (at their expense)? Get real.

Maybe you don't get it? You seem fixed on your point. I am open to either and see possibilities.
If the chips are very cheap to produce (and they are) and the development is expensive (and it is), then it doesn't cost the manufacturers much more to put out more chips, which might be what KNC Miner is planning on doing.

I am real. 

[arlekyn13]

It is going to take JUST ONE company to release a profitable (clearly) miner to upend the whole market. And that, will be messy but much needed.

It cant happen. If Hashfast/cointerra/whomever slash their prices to the point where its "clearly profitable", all that will result in is more orders than they could possibly deliver. Or if they somehow could deliver, even at those prices it would turn out to be no longer profitable because difficulty would shoot through the roof.

Anything can happen. It takes one company that can meet demand or at least put out enough to make things fair. Obviously if you are selling money printing machines you are going to need to set limits.
To get the network more secure, it would be nice to allow more people access, instead of just selling to big pocketed people.

Anything is possible, just need to have an open mind...

You dont get it. Plenty of miners seem to think current prices are "fair", or they wouldnt be buying. You expect a manufacturer to both lower their prices, and limit supply, only so that those miners would be guaranteed a profit (at their expense)? Get real.

Maybe you don't get it? You seem fixed on your point. I am open to either and see possibilities.
If the chips are very cheap to produce (and they are) and the development is expensive (and it is), then it doesn't cost the manufacturers much more to put out more chips, which might be what KNC Miner is planning on doing.

I am real. 

Here is what I posted on KNC forums regarding this matter:

"Following the pre-order pattern, an ASIC producer takes very low risks, while the customers take the entire risk of their machines to become obsolete before delivery. The most important step a producer should take, would be to limit the number of available machines (chips) for each batch, a limit imposed by the willing to preserve a decent mining difficulty, not a limit imposed by the number of willing to buy customers...
What if Cointerra for example (or whatever producer that seems to be able to be next big hit) would sell 500.000 machines hashing at 2TH each for January delivery? They would be pretty much useless for the buyers, while the producer profit would skyrocket!
It would be so much better if there was a limit of hashing speed that could possibly be added each month to the network and the ASIC producers to auction their share of that hasing power, pretty much like TV rights for football games.

On the other hand, if i were an ASIC producer, I'd sell even 1 billion machines as long as I get profit from each and every sale!"

[Puppet]

Maybe you don't get it? You seem fixed on your point.

yeah, because Ive been debating (and predicting)  this since before the first asic was even announced, I think Ive heard all angles.

If the chips are very cheap to produce (and they are) and the development is expensive (and it is), then it doesn't cost the manufacturers much more to put out more chips, which might be what KNC Miner is planning on doing.

Sure, they can (and will) lower prices per unit, but not to the point of obvious profitability without dramatically increasing demand. So either they must leave most of that demand unfulfilled or the increased supply will render the profitability moot again.

Its quite simple, there is too much demand for unprofitable mining gear. The only thing you can do about that, is not buy any.

[sbfree]

So Sweden's cold and I've switched off from here until I have something to post.

Basically spent the last couple of nights out and about catching up with some girls I know.

Was kidnapped this morning, now at their manufacturing facility, which is huuuge.

Am not allowed to show a lot of the photos I've taken as you have to wear anti-static coats and err clogs of all things. Basically all the jackets are branded, so until I can photoshop blur them out I can only post pics that are okayed prior.

I haven't caught up on the thread, I imaged you've all fallen to pieces. Biomech has just forewarned me you have pitchforks. Because, why? It's not like I have any control over what I'd going on, or your ability to chill out.

Anyway, look what's arrived;



Not much else to report yet.

EDIT; oh and as for the 'active but not posting' b*llocks. I'm in another country, which I have paid myself to come to. I'm not paying for data roaming on my sodding mobile so you can have you hands held on my minute by minute activity. You're relentless, and for the most part freaking me out. What little internet I have had has either been checked on free wifi, or here, I'm now paired to one of their mobiles, which involves standing outside. Which involves security clearance. Seriously when you think about it, it's bleeding obvious.

HIP HIP HOORAY??

[Its About Sharing]

Maybe you don't get it? You seem fixed on your point.

yeah, because Ive been debating (and predicting)  this since before the first asic was even announced, I think Ive heard all angles.

If the chips are very cheap to produce (and they are) and the development is expensive (and it is), then it doesn't cost the manufacturers much more to put out more chips, which might be what KNC Miner is planning on doing.

Sure, they can (and will) lower prices per unit, but not to the point of obvious profitability without dramatically increasing demand. So either they must leave most of that demand unfulfilled or the increased supply will render the profitability moot again.

Its quite simple, there is too much demand for unprofitable mining gear. The only thing you can do about that, is not buy any.

Don't confuse demand for unprofitable mining gear with demand for mining gear.
There is some demand for not profitable gear as perhaps, buying too many BTC's might raise the price so much and so they choose to just buy machines. A thought anyway.

It is interesting to debate, but whether we win or lose the debates. We really don't know what is going to happen. Pretty exciting in a sense, even with money on the line...
I've been shocked before and don't doubt it will happen again.

Perhaps, two open minding individuals can agree to say... "We'll see"