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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3012823 times)
Anenome5
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June 26, 2013, 10:37:16 PM
 #2721

Wow, I am getting more and more interested in KncMiner. They seem to be saying and doing all the right things.

If they can delivery on their claims in September, and do a decent job of keeping up with demand, they will be the new gold standard in Bitcoin mining hardware.

In their defence, they at the open day, actually said, "they intend to set the gold standard...", with respect to Bitcoin hardware, fed up seeing a lack of professionalism this far. So let's see...

They want to be in this for the long haul and this means behaving in the best interest for Bitcoin and those that support and use it.
Do you remember they mentioned somewhere producing a ~$20k device in the terahertz range as a gen-2 product? Part of their "in it for the long term / repeat customer" strategy? I'd love to make enough from these early devices to invest in a $20k device ^_^

Democracy is the original 51% attack.
"Apparently, so I am told, there exist "people" who prefer to wipe sitting down. From the front. Initial research indicates it could be up to half the population." -- benjamindees
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June 26, 2013, 10:41:12 PM
 #2722

In keeping with KnC's pattern of carefully choosing their binding terms, I wouldn't be surprised if the feedback they got from their chip manufacturer was even better than this 15% pump and they're continuing to temper expectations. If I were a betting man, I'd say the final hashing speed of Jupiter will be >400.
I would expect them to report the lowest expected range, sure. That's the only way to result in zero disappointed customers. Either you get exactly what they promised or you're lucky enough to have some above-average yield chips in which case you might get as much as 10-20% more than 400. Smart if that's what they're doing.

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June 26, 2013, 10:41:27 PM
 #2723

Wow, I am getting more and more interested in KncMiner. They seem to be saying and doing all the right things.

If they can delivery on their claims in September, and do a decent job of keeping up with demand, they will be the new gold standard in Bitcoin mining hardware.

In their defence, they at the open day, actually said, "they intend to set the gold standard...", with respect to Bitcoin hardware, fed up seeing a lack of professionalism this far. So let's see...

They want to be in this for the long haul and this means behaving in the best interest for Bitcoin and those that support and use it.
Do you remember they mentioned somewhere producing a ~$20k device in the terahertz range as a gen-2 product? Part of their "in it for the long term / repeat customer" strategy? I'd love to make enough from these early devices to invest in a $20k device ^_^


They have alluded to a larger mining device in future, yes. What hashrate? No one knows. Marcus has much scope to play and revise future chips once they know what they have.

There is a poll on their homepage currently, if you want a larger device, go vote!

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Anenome5
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June 26, 2013, 10:42:33 PM
 #2724

They also remove the reference to water cooling from the spec details. Last time i've checked, last week, it was still there
They've abandoned water-cooling, since datacenters asked them not to create devices with water, they don't want the liability, and they expect many people will host these in DC's, including them themselves with their Stockholm pickup.

Democracy is the original 51% attack.
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June 26, 2013, 10:48:00 PM
 #2725

Wow, I am getting more and more interested in KncMiner. They seem to be saying and doing all the right things.

If they can delivery on their claims in September, and do a decent job of keeping up with demand, they will be the new gold standard in Bitcoin mining hardware.

In their defence, they at the open day, actually said, "they intend to set the gold standard...", with respect to Bitcoin hardware, fed up seeing a lack of professionalism this far. So let's see...

They want to be in this for the long haul and this means behaving in the best interest for Bitcoin and those that support and use it.
Do you remember they mentioned somewhere producing a ~$20k device in the terahertz range as a gen-2 product? Part of their "in it for the long term / repeat customer" strategy? I'd love to make enough from these early devices to invest in a $20k device ^_^


They have alluded to a larger mining device in future, yes. What hashrate? No one knows. Marcus has much scope to play and revise future chips once they know what they have.

There is a poll on their homepage currently, if you want a larger device, go vote!
Oh I did, sadly seems the majority want a smaller option. Only 19% voted, like me, for the larger device.

Democracy is the original 51% attack.
Bitcoinorama
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June 26, 2013, 10:52:43 PM
 #2726

Wow, I am getting more and more interested in KncMiner. They seem to be saying and doing all the right things.

If they can delivery on their claims in September, and do a decent job of keeping up with demand, they will be the new gold standard in Bitcoin mining hardware.

In their defence, they at the open day, actually said, "they intend to set the gold standard...", with respect to Bitcoin hardware, fed up seeing a lack of professionalism this far. So let's see...

They want to be in this for the long haul and this means behaving in the best interest for Bitcoin and those that support and use it.
Do you remember they mentioned somewhere producing a ~$20k device in the terahertz range as a gen-2 product? Part of their "in it for the long term / repeat customer" strategy? I'd love to make enough from these early devices to invest in a $20k device ^_^


They have alluded to a larger mining device in future, yes. What hashrate? No one knows. Marcus has much scope to play and revise future chips once they know what they have.

There is a poll on their homepage currently, if you want a larger device, go vote!
Oh I did, sadly seems the majority want a smaller option. Only 19% voted, like me, for the larger device.

Thing is they are not keen to scale up the customer support required to service such large volumes of individuals, but would prefer to offer an IPO share type agreement, or encourage a cottage industry of safe unit sharing,at least thats what was discussed at the open-day. However since the poll, options are likely open, as the response has been strong for a smaller item, and the peeps have spoken...

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erschiessen
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June 26, 2013, 10:57:02 PM
 #2727

I voted for smaller devices.
A one chip "Neptune" slinging 100 GH/s... My kids could afford to get into mining AND see a profit!

I wish that I could also vote for a larger device, too.

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June 26, 2013, 11:19:22 PM
 #2728

Wow, I am getting more and more interested in KncMiner. They seem to be saying and doing all the right things.

If they can delivery on their claims in September, and do a decent job of keeping up with demand, they will be the new gold standard in Bitcoin mining hardware.

In their defence, they at the open day, actually said, "they intend to set the gold standard...", with respect to Bitcoin hardware, fed up seeing a lack of professionalism this far. So let's see...

They want to be in this for the long haul and this means behaving in the best interest for Bitcoin and those that support and use it.
Do you remember they mentioned somewhere producing a ~$20k device in the terahertz range as a gen-2 product? Part of their "in it for the long term / repeat customer" strategy? I'd love to make enough from these early devices to invest in a $20k device ^_^


They have alluded to a larger mining device in future, yes. What hashrate? No one knows. Marcus has much scope to play and revise future chips once they know what they have.

There is a poll on their homepage currently, if you want a larger device, go vote!
Oh I did, sadly seems the majority want a smaller option. Only 19% voted, like me, for the larger device.

Thing is they are not keen to scale up the customer support required to service such large volumes of individuals, but would prefer to offer an IPO share type agreement, or encourage a cottage industry of safe unit sharing,at least thats what was discussed at the open-day. However since the poll, options are likely open, as the response has been strong for a smaller item, and the peeps have spoken...

Obviously cheaper units will always win, nothing else should be expected and it's pretty pointless to make a poll, the result is clear on beforehand.

The real point is how much money are the "big" customers going to invest compared to the "small" customers: if the 20% that voted for "larger unit" are willing to spend $15,000 each, and the 80% that voted for "smaller and cheaper" are willing to spend only $700 each, it's pretty clear what is the most profitable business decision to take, without even considering the additional costs related with bigger customer support.

In any case, I think they chose well the two models available as a starting point. Then, the market will tell them what is the most profitable option, they will see it on the order book, regardless of the poll.

Bitcoinorama
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June 26, 2013, 11:29:19 PM
 #2729

Wow, I am getting more and more interested in KncMiner. They seem to be saying and doing all the right things.

If they can delivery on their claims in September, and do a decent job of keeping up with demand, they will be the new gold standard in Bitcoin mining hardware.

In their defence, they at the open day, actually said, "they intend to set the gold standard...", with respect to Bitcoin hardware, fed up seeing a lack of professionalism this far. So let's see...

They want to be in this for the long haul and this means behaving in the best interest for Bitcoin and those that support and use it.
Do you remember they mentioned somewhere producing a ~$20k device in the terahertz range as a gen-2 product? Part of their "in it for the long term / repeat customer" strategy? I'd love to make enough from these early devices to invest in a $20k device ^_^


They have alluded to a larger mining device in future, yes. What hashrate? No one knows. Marcus has much scope to play and revise future chips once they know what they have.

There is a poll on their homepage currently, if you want a larger device, go vote!
Oh I did, sadly seems the majority want a smaller option. Only 19% voted, like me, for the larger device.

Thing is they are not keen to scale up the customer support required to service such large volumes of individuals, but would prefer to offer an IPO share type agreement, or encourage a cottage industry of safe unit sharing,at least thats what was discussed at the open-day. However since the poll, options are likely open, as the response has been strong for a smaller item, and the peeps have spoken...

Obviously cheaper units will always win, nothing else should be expected and it's pretty pointless to make a poll, the result is clear on beforehand.

The real point is how much money are the "big" customers going to invest compared to the "small" customers: if the 20% that voted for "larger unit" are willing to spend $15,000 each, and the 80% that voted for "smaller and cheaper" are willing to spend only $700 each, it's pretty clear what is the most profitable business decision to take, without even considering the additional costs related with bigger customer support.

In any case, I think they chose well the two models available as a starting point. Then, the market will tell them what is the most profitable option, they will see it on the order book, regardless of the poll.

Indeed one step at a time. ORSoC only need concentrate their talent on one device (which is in effect two), at a time. Simultaneously designing multiple devices at once is a schoolboy error, which begs the question, who's been advising BFL?!

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June 27, 2013, 12:52:33 AM
 #2730

The part that I also find interesting is where their product page says..."    Modular Design allowing for expansion at a later date."

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June 27, 2013, 02:05:45 AM
 #2731

The part that I also find interesting is where their product page says..."    Modular Design allowing for expansion at a later date."
Ie: Saturn x 2 = 1 Jupiter.

Democracy is the original 51% attack.
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June 27, 2013, 02:10:53 AM
 #2732

Interesting  I just noticed on my orders detail page it shows a kind of grayed out 34 right under my order Qty of 1 of a Jupiter...

Wonder what the 34 means?  Could it mean at the time I ordered and paid, I was the 34th Jupiter ordered and paid for???  Surely not as I ordered June 19th...  Unless the Saturn's have a lot more orders???Product   Price per unit   Amount   Price
   
Saturn
34
$ 3,795.00    1   $ 3,795.00
Order price: $ 3,795.00
Shipping price: $ 102.60
Comments to order
   
Total price: $ 3,897.60





Yea its the sku code. Mine says 34 as well
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June 27, 2013, 06:33:16 AM
 #2733

I voted for smaller devices.
A one chip "Neptune" slinging 100 GH/s... My kids could afford to get into mining AND see a profit!

I wish that I could also vote for a larger device, too.
are you just daydreaming or did you find this 100GH/s per chip number somewhere in the hundreds of pages of smoke?   That seems impossibly high no?


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June 27, 2013, 06:33:51 AM
 #2734

are you just daydreaming or did you find this 100GH/s per chip number somewhere in the hundreds of pages of smoke?   That seems impossibly high no?

It was in today's newsletter.

Jupiter = 4 chips at 100GH/chip

Quote
The more technical audience amongst our customers have been asking for a lot details on the chips we will use. The information we have available to you today is that Jupiter will be a 4 chip design and Saturn a 2 chip design.

This means that we can achieve a minimum of 100GH/s per chip. Which we think most people will agree, puts us far ahead of our current competitors.

Our ASIC package selection has been optimized, allowing the use of a smaller package. The selected package is a 55mm x 55mm HFCBGA package (2046 ball count), optimized for maximum thermal characteristics.

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June 27, 2013, 06:36:15 AM
 #2735

are you just daydreaming or did you find this 100GH/s per chip number somewhere in the hundreds of pages of smoke?   That seems impossibly high no?

quoting the relevant part of yesterday's newsletter ("Chip Progress report" paragraph)
 
Quote

This means that we can achieve a minimum of 100GH/s per chip. Which we think most people will agree, puts us far ahead of our current competitors.



Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
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June 27, 2013, 06:47:53 AM
 #2736




Jupiter = 4 chips at 100GH/chip





too small, i'm waiting for Arcturus: 10 chip at 1000 TH/chip    Grin Grin



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June 27, 2013, 07:25:38 AM
 #2737

Lucky gits!...Wink

From the KnC website:

Lottery Results.

The winners are as follows:
Mr Stephenson from Texas USA who wins 1 Jupiter & 1 Saturn
Mr Weisener from Germany who wins 1 Jupiter
Mr Vicente from Spain who wins 1 Saturn


Who else hate em ..Wink
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June 27, 2013, 07:53:57 AM
 #2738

are you just daydreaming or did you find this 100GH/s per chip number somewhere in the hundreds of pages of smoke?   That seems impossibly high no?

quoting the relevant part of yesterday's newsletter ("Chip Progress report" paragraph)
 
Quote

This means that we can achieve a minimum of 100GH/s per chip. Which we think most people will agree, puts us far ahead of our current competitors.



Can you tell me where to find this newsletter?   Thanks.   


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June 27, 2013, 08:09:25 AM
 #2739


Can you tell me where to find this newsletter?   Thanks.   

Two places

1. Your inbox, if you're subscribing

2. https://bitcointalk.org/index.php?topic=232852.msg2584504#msg2584504

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June 27, 2013, 08:09:36 AM
 #2740

are you just daydreaming or did you find this 100GH/s per chip number somewhere in the hundreds of pages of smoke?   That seems impossibly high no?

quoting the relevant part of yesterday's newsletter ("Chip Progress report" paragraph)
 
Quote

This means that we can achieve a minimum of 100GH/s per chip. Which we think most people will agree, puts us far ahead of our current competitors.



Can you tell me where to find this newsletter?   Thanks.   

https://www.kncminer.com/news/news-22

and if you are subscribed to their mailing list, yesterday you should have received an email with the exact same text you'll find on the link above

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
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