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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3049421 times)
markm
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November 06, 2013, 11:51:54 AM
 #19941

I'd prefer not to start cluttering up my miner like it was a development box, hopefully if --lowmem and a stripped cgminer are good the next official upgrade will have them...

-MarkM-

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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November 06, 2013, 12:05:42 PM
 #19942


Two firmware updates for me so far. Didn't do that, bot even half of it. Not had a problem

1. DL the update
2. On the KNC miner interface click update and select that download and apply it.
3. Click restart cg miner in the KNC interface.

Nothng else at all. Checked it after in Putty, but all was fine. lol

So after you upload and apply the firmware, it returns to a screen that says restart miner, is that the link you clicked or did you go back to the home screen, then go the the "Mining" and click on "Restart CGMiner" on that page?

Tbe last one, Mining screen >> Restart CGMiner. Smiley
no wonder

after you "apply" a message will appear with reboot in blu...hit that!
alternatively, you can power cycle the miner after apply.. but no need.
firmware wont apply without a reboot, restarting cgmner isnt enough...

Dude, he asked me a question, and that is exactly what does work. Both times. Not a problem. I have spent a max of 5 minutes total applying firmware updates so far without a hitch. Each has been slightly better than the previous one. I'm done with them at .98 as there's no more to wring out of them now for me. You don't draw on 20 after all.
Seems to me that a few hosted peeps would like KNC to give them the option to stick with the firmware that works.

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.ONE AFRICA. ONE KOIN..

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Easy2Mine
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November 06, 2013, 01:06:58 PM
 #19943

Anyone of you also suffer a lot of downtime with KnC hosted miners the last week?

WastedLTC
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November 06, 2013, 01:25:07 PM
 #19944

Anyone of you also suffer a lot of downtime with KnC hosted miners the last week?

Had one miner go out for a few hours last week and a quick up and down with the new firmware but overall been pretty steady.
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November 06, 2013, 02:45:18 PM
 #19945

https://www.kncminer.com/news/news-63


"Unbeknown to the community we are currently developing the next generation product in 20nm/16nm process with Alchip "

They have time to post such news, but don't have the time to participate in their own forums and help people out on their devilish products? They aren't thinking people are going to buy from them again, do they? Is making an announcement like that just a start of mind controlling techniques in the marketing world? Also, if you tried to visit that link www.ast.com that is IN their news publication it doesn't even work.



1. The press release is from Alchip, not KnC. It's hardly mind control.
2. There just aren't enough bodies currently to maintain the forum ontop of all else. If you honestly think the reason is they cannot be bothered that's either naivety or ignorance. They have a dedicated customer support, the forum isn't a priority in my mind. It's one of the things they want me to work on and I'm flat refusing to be honest. I'm a bit disenchanted as to how I was treated here, entire threads abusing me, I'm not keen on more. I'd rather customer service focused on individual issues, and when/if my other work load dies down I'll consider it, but everytime I post I get multiple PMs.
3. Personally my own opinion i'e always followed and enjoyed the banter in Bitcointalk.
4. Thanks for letting me know about AST's deadlink, again it's Alchip 'a release. You can see it was posted y'day online. I presume they either added the incorrect link, or the site is down.


Edit: Here's the OG; http://www.digitimes.com/news/a20131105PR202.html

And AST's correct link is; www.ast.co.il I'll get it fixed Wink

Why put up your own forums and then participate or join in the discussion there? We already have bitcointalk.org to do that, and that's what made me think they want their own forums so they can join in with us. NOT. I think they should just remove their forums or merge them into bitcointalk. It is just duplicated stuff, said over and over.

And rememeber back in the day AST.COM use to a computer manufacturer? I do, cause I worked on them.


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Phoenix1969
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November 06, 2013, 02:46:17 PM
 #19946

An anonymous entity just sent me a huge tip for helping out...
Did I say huge?... I meant GIGANTIC.
Thank-you from the bottom of my heart.
I'm just not sure what else to say...  
except... WOW
The Person(s) know who they are... plz don't ask.


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November 06, 2013, 02:47:22 PM
 #19947

Hohohoho Bitcoinorama
Check your Jar, just send you enough to pay for a nice hotel room in Stockholm.

Thanks again for all your hard work!!!!

If I can breakeven in BTC I will send you more.

Hope my fellow miners who are in the same situation as I am will tip you nicely too. As a gentleman bitcoiner, my integrity is high enough to call a spade a spade and credit these who have been helping me in my success.

It looks like my request to get the hashing power sold by KNC has been granted. So according to the press release, they currently sold almost 70% of the total Hash Rate or base on 4 Pentahash world wide, they sold less than 2.8 P/H.

For our exemple, lets pretend that no one will deliver any extra hashpower so the Hash Rate remain constant (very very unlikely); it will take over 64 days before getting a positive ROI in BTC (I paid the equivalent of 72 BTC (including transport and PSU) in June and it has mine just over 30 BTC in 30 days, I am getting 0.65 BTC a day.) When Avalon was pricing its miners, the ROI in BTC was supposed to take about 1 month. So honestly, we can say that KNC knew their miners would never attain profitability. I hoped I was wrong about it because what they did was phenomenal but the numbers speak for themselves.

Please, please Bitcoinorama, tell me where my calculation is wrong.  

Let's discuss about it in a Gentleman way,would you.
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November 06, 2013, 03:30:30 PM
 #19948

Anyone try the new Cklovas code?..

Running 3.7.2 with 0.96 firmware no problem

Does this mean KNC stuff is included in cgminer now and we can compile our own cgminer ?
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November 06, 2013, 03:34:39 PM
 #19949

Anyone try the new Cklovas code?..

Running 3.7.2 with 0.96 firmware no problem

Does this mean KNC stuff is included in cgminer now and we can compile our own cgminer ?

Yes, but the KnC stuff will only build properly if you build it on the Beaglebone Black - that is, don't enable it when building on another platform or the build will fail.

Ckolivas posted build instructions for building on BBB somewhere on the forums, but I don't have the link handy.

Libertarians:  Diligently plotting to take over the world and leave you alone.
timmmers
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November 06, 2013, 03:41:09 PM
 #19950

Hohohoho Bitcoinorama
Check your Jar, just send you enough to pay for a nice hotel room in Stockholm.

Thanks again for all your hard work!!!!

If I can breakeven in BTC I will send you more.

Hope my fellow miners who are in the same situation as I am will tip you nicely too. As a gentleman bitcoiner, my integrity is high enough to call a spade a spade and credit these who have been helping me in my success.

It looks like my request to get the hashing power sold by KNC has been granted. So according to the press release, they currently sold almost 70% of the total Hash Rate or base on 4 Pentahash world wide, they sold less than 2.8 P/H.

For our exemple, lets pretend that no one will deliver any extra hashpower so the Hash Rate remain constant (very very unlikely); it will take over 64 days before getting a positive ROI in BTC (I paid the equivalent of 72 BTC (including transport and PSU) in June and it has mine just over 30 BTC in 30 days, I am getting 0.65 BTC a day.) When Avalon was pricing its miners, the ROI in BTC was supposed to take about 1 month. So honestly, we can say that KNC knew their miners would never attain profitability. I hoped I was wrong about it because what they did was phenomenal but the numbers speak for themselves.

Please, please Bitcoinorama, tell me where my calculation is wrong.  

Let's discuss about it in a Gentleman way,would you.

They didn't say they had 70% of the hashrate, only 70% of coins produced..which sounds a lot like BS since they can't possibly measure that given all the pools involved?

They said a few things that they didn't mean or didn't follow through on...a glaring one being a smaller customer base that they could support properly and same day hashing for hosted rigs...and the mighty Oct 15th delivery deadline Never believe a salesman over the experience of buyers. Wink

They priced rigs in dollars, probably aimed for a dollar profit too? The rise in BTC vs dollar may save them there. No-one could predict 260 a pop today though so I'd go with your assumption that they thought they'd never break even in BTC terms.

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.Akoin













.ONE AFRICA. ONE KOIN..

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November 06, 2013, 03:45:18 PM
 #19951

Timmers, hell hath no fury like a woman miner scorned.

70% of BTC currently produced is the same thing as 70% of the hashrate. If you want to get into variance semantics then you will just lose over time Smiley
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November 06, 2013, 03:58:25 PM
 #19952

So KNC would not accept even Bitcoins as a security in order to send working boards first as to minimize downtime for customers.
From where I am standing it looks like they are trying hard to work against their customers by refusing to come up with a RMA solution that works for both sides.
I can not think of a single reason why they would not accept BTC as a security in order to send working boards first, apart from trying to discourage people from using the RMA service.
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November 06, 2013, 04:02:03 PM
 #19953

Judging by this https://bitcointalk.org/index.php?topic=249065.0 , the latest hosted order that got deployed was 38xx for yuriygeorge on the 25th of October
The latest shipped order was 586x for DobZombie

My hosted order is 39xx still has "Paid" status.

I am now watching like a hawk if faetos and dunchy (400x and 421x) would report their hosted units as deployed.

If that happens, I'll be demanding refund.


I know of a hosted order 42XX that is up and running . . . if it helps.

I ended up getting a refund, because my orders never moved an inch. I am super bummed about it and have pretty much given up on mining and am now just focused on working on my trading platform.

Did you guys ever get your hosting gear?
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November 06, 2013, 04:03:27 PM
 #19954

I wish KNC would add a daily reboot option to the firmware. I'm going on vacay next week and really don't want to have to bother with logmein to do restarts...

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November 06, 2013, 04:04:14 PM
 #19955

Anyone try the new Cklovas code?..

Running 3.7.2 with 0.96 firmware no problem

Does this mean KNC stuff is included in cgminer now and we can compile our own cgminer ?

Yes, but the KnC stuff will only build properly if you build it on the Beaglebone Black - that is, don't enable it when building on another platform or the build will fail.

Ckolivas posted build instructions for building on BBB somewhere on the forums, but I don't have the link handy.


Probably I could copy the beaglebone stuff on my raspberry, chroot in and build it there
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November 06, 2013, 04:05:47 PM
 #19956

So KNC would not accept even Bitcoins as a security in order to send working boards first as to minimize downtime for customers.
From where I am standing it looks like they are trying hard to work against their customers by refusing to come up with a RMA solution that works for both sides.
I can not think of a single reason why they would not accept BTC as a security in order to send working boards first, apart from trying to discourage people from using the RMA service.

This has to do with people trying to "Game" the system.

Maybe they don't want to be liable with your BTC or want to deal with customers saying they never got the BTC back (Lieing to game the system)

RMA has always been, send it back and they send you a new one. This isn't a new concept. While I understand the frustration of potentially losing money while it is RMA'd that is the nature of the beast and their hands are tied.
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November 06, 2013, 04:07:21 PM
 #19957

Anyone of you also suffer a lot of downtime with KnC hosted miners the last week?

My hosted miner was down almost 8 hours last week. Dunno what you mean a lot of downtime though.
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November 06, 2013, 04:10:16 PM
 #19958

So KNC would not accept even Bitcoins as a security in order to send working boards first as to minimize downtime for customers.
From where I am standing it looks like they are trying hard to work against their customers by refusing to come up with a RMA solution that works for both sides.
I can not think of a single reason why they would not accept BTC as a security in order to send working boards first, apart from trying to discourage people from using the RMA service.

This has to do with people trying to "Game" the system.

Maybe they don't want to be liable with your BTC or want to deal with customers saying they never got the BTC back (Lieing to game the system)

RMA has always been, send it back and they send you a new one. This isn't a new concept. While I understand the frustration of potentially losing money while it is RMA'd that is the nature of the beast and their hands are tied.

Bar, there is a saying that perfectly fits the situation: "If you want to do something, you’ll find a way. If you don’t, you’ll find an excuse."
They found an excuse, I found a way  Wink
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November 06, 2013, 04:11:50 PM
 #19959

Other than re-upping on Equipment...
 I just don't see any sane reason why a miner would cash his/her bitcoins in right now...
unless you are starving or something...

It actually makes quite a bit of sense to dollar cost average to a position you feel comfortable with.  most investing books say that this is the best mechanism to reduce risk and reap maximum rewards.  In our case, setting up a periodic sell order at market price for a fixed amount of USD is probably a good idea.

I have predetermined buy and sell benchmarks. When BTC raises to X USD I sell Y% of my BTC holdings. When BTC drops to A USD I buy BTC worth B% of my USD holdings. That way I can still ride they waves and cash in on the crashes. It's like gambling. You should never use your emotions but quit when you either A) lose a certain amount B) win a certain amount or C) gamble for a certain period of time. If you don't have a plan then your emotions will wreck you...

Dollar cost averaging out is very wise.
Bargraphics
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November 06, 2013, 04:13:15 PM
 #19960

Bar, there is a saying that perfectly fits the situation: "If you want to do something, you’ll find a way. If you don’t, you’ll find an excuse."
They found an excuse, I found a way  Wink

Did they give you alternatives? Again your way might not have been viable.

You are close enough to them the RMA shouldn't take but a day or two max just send it in!
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