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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3011451 times)
vesperwillow
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January 07, 2014, 04:18:56 PM
 #27441

Sounds like for the "first time", they're floundering on their word. A month ago they confirmed they would in fact be selling Jupiters by now (actually, by now they should've been shipped). Now they're quiet.

Either they're releasing the Neptune much earlier than anticipated, like next month, or they're simply going to ignore their word.

Actually they said:

Quote
As it looks like our struggling competition may eventually ship before our Network protection period has finished, we may be in a position to release Jupiter’s and possibly upgrade cards which we will ship from stock.

If we do have more items to place in the shop for our 28nm range, we will announce this via one of our newsletters which will contain the time and date that they will go on sale. So keep some coins handy as we expect them to go quick.

Emphasized slightly for those that are of an optimistic disposition Smiley

Except in email response to particular KNC thirsty members here, they did confirm they would be opening the order books. After this post. I'm not exactly optomistic, I'm not buying anything from them.

As to the recent hashpower... Cointerra testing equipment? 2nd week of January is when they should've had systems hitting the assembly line for a test run-through.

People are still buying BFL's vastly overpriced "in stock" garbage unfortunately.

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January 07, 2014, 04:36:05 PM
 #27442

Sounds like for the "first time", they're floundering on their word. A month ago they confirmed they would in fact be selling Jupiters by now (actually, by now they should've been shipped). Now they're quiet.

Either they're releasing the Neptune much earlier than anticipated, like next month, or they're simply going to ignore their word.

Actually they said:

Quote
As it looks like our struggling competition may eventually ship before our Network protection period has finished, we may be in a position to release Jupiter’s and possibly upgrade cards which we will ship from stock.

If we do have more items to place in the shop for our 28nm range, we will announce this via one of our newsletters which will contain the time and date that they will go on sale. So keep some coins handy as we expect them to go quick.

Emphasized slightly for those that are of an optimistic disposition Smiley

Except in email response to particular KNC thirsty members here, they did confirm they would be opening the order books. After this post. I'm not exactly optomistic, I'm not buying anything from them.

As to the recent hashpower... Cointerra testing equipment? 2nd week of January is when they should've had systems hitting the assembly line for a test run-through.

People are still buying BFL's vastly overpriced "in stock" garbage unfortunately.

I didn't mean you personally, I know your a cynic not an optimist Smiley

But do you have reference ot the emails? I remember some nebulous responses that didn't really say anything specific at the time.

But remember the timeline for this, they announced on the 14th that Neptune batch had sold out and that they might release some Jupiters if their competition delivered. Then there was exactly a week before they closed down for Christmas/New Year, and they've only been back at work since Monday.




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January 07, 2014, 04:45:34 PM
 #27443

It really is the Ghash / BTC show these days. No other game in town.
Bitminter's run of horrific luck recently hasn't done them any favours

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January 07, 2014, 04:46:41 PM
 #27444


Sounds like for the "first time", they're floundering on their word. A month ago they confirmed they would in fact be selling Jupiters by now (actually, by now they should've been shipped). Now they're quiet.

Either they're releasing the Neptune much earlier than anticipated, like next month, or they're simply going to ignore their word.

Actually they said:

Quote
As it looks like our struggling competition may eventually ship before our Network protection period has finished, we may be in a position to release Jupiter’s and possibly upgrade cards which we will ship from stock.

If we do have more items to place in the shop for our 28nm range, we will announce this via one of our newsletters which will contain the time and date that they will go on sale. So keep some coins handy as we expect them to go quick.

Emphasized slightly for those that are of an optimistic disposition Smiley

Except in email response to particular KNC thirsty members here, they did confirm they would be opening the order books. After this post. I'm not exactly optomistic, I'm not buying anything from them.

As to the recent hashpower... Cointerra testing equipment? 2nd week of January is when they should've had systems hitting the assembly line for a test run-through.

People are still buying BFL's vastly overpriced "in stock" garbage unfortunately.

Even if they did suddenly offer some for sale, we'd be complaining they were overpriced.
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January 07, 2014, 04:51:19 PM
 #27445

KnC not producing/shipping due to managements' seasonal affective disorder?



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January 07, 2014, 04:53:08 PM
 #27446


btcguild have grown 1.2PH/s in 25 days.

on Dec the 11 pool hashrate was 2PH, now they're crunching at 3.26PH/s


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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January 07, 2014, 04:57:58 PM
 #27447


Pretty sure it is valid, and it's a bit worrying maybe.  Dunno, I'm not an expert. 
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January 07, 2014, 05:06:02 PM
 #27448

Us pre-existing customers can look back at our news emails and see the windows for announcements and purchase.  I don't think a non-customer has that and don't expect a KnC customer would have a legit reason for posting it.



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vesperwillow
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January 07, 2014, 05:11:58 PM
 #27449

I didn't mean you personally, I know your a cynic not an optimist Smiley

But do you have reference ot the emails? I remember some nebulous responses that didn't really say anything specific at the time.

Lol.. not a cynic, I'm an analyst. I don't have skin in the game either way, just looking at what's been presented.

The emails are in this insanely long thread, I did not save hotlinks to them, just noted them. This is why several folks keep pinging on Orama and others, because they were told the books would in fact be opened. And so far, nothing.

I believe they're waiting for a significant trigger, such as Cointerra shipping. It's not likely they'll be shipping Neptunes anytime soon, which is the only other reason they'd be silent.


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January 07, 2014, 05:19:27 PM
 #27450

Look at the BTC/USD price the day it was announced they "might" sell some more Jupiters. Also who was announcing they were shipping imminently. Then look at today's price and also who isn't shipping. Doesn't take a genius to put 2 and 2 together.

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January 07, 2014, 05:56:04 PM
 #27451

Us pre-existing customers can look back at our news emails and see the windows for announcements and purchase.  I don't think a non-customer has that and don't expect a KnC customer would have a legit reason for posting it.

Huh who are you talking about?


I didn't mean you personally, I know your a cynic not an optimist Smiley

But do you have reference ot the emails? I remember some nebulous responses that didn't really say anything specific at the time.

Lol.. not a cynic, I'm an analyst. I don't have skin in the game either way, just looking at what's been presented.

The emails are in this insanely long thread, I did not save hotlinks to them, just noted them. This is why several folks keep pinging on Orama and others, because they were told the books would in fact be opened. And so far, nothing.

I believe they're waiting for a significant trigger, such as Cointerra shipping. It's not likely they'll be shipping Neptunes anytime soon, which is the only other reason they'd be silent.



Heh, sorry you do sound a little cynical. Which btw is not a critisism, one needs a good dose of cynicism in this business.

I can't find any email or reference to an email that is specific, just lots of ifs, buts and maybe's. Even Orama didn't know what was going on, just that they "talked about it" but nothing was decided other than not to make a decision till after the new year.

I just think its a bit disingeneous to say "They promised" when they didn't and were pretty specific in their wording of their communication of the fact. Lets face it they got slapped around because people weren't ready with their BTC when they sold the upgrade boards, so this time they give a bit of notice that there may be some reason to keep some BTC handy in your wallet and now they get crucified for not "delivering" on that as well.

Can't win really can they.

I believe that when they made the statement, HF et al were all like "were going to ship before EOY" etc but shortly afterwards it all went south for them, and all of them are suffering delays, so the outlook has changed form KnC's POV.


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January 07, 2014, 06:00:52 PM
 #27452

Okay, ASIC machines drive the network now.  What percentage are KnC machines?  Could it be a combination of seasonal affective disorder (SAD) in conjunction with a certain amount of guilt about  their unqualified success while others flounder?



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January 07, 2014, 07:46:24 PM
 #27453

Okay, ASIC machines drive the network now.  What percentage are KnC machines?  Could it be a combination of seasonal affective disorder (SAD) in conjunction with a certain amount of guilt about  their unqualified success while others flounder?

Must be around 40% right now I think.
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January 07, 2014, 07:59:15 PM
 #27454

Okay, ASIC machines drive the network now.  What percentage are KnC machines?  Could it be a combination of seasonal affective disorder (SAD) in conjunction with a certain amount of guilt about  their unqualified success while others flounder?

Must be around 40% right now I think.

I don't think so. The current network speed is around 13,000,000 GH/s, which is equal to 20,000 650 GH/s Jupiters.

I believe Knc produced around 3 1,200 unit batches, plus whatever they kept for themselves, which would be around 4,000 Jupiters or 20% of the network.

Even that maybe on the high side because they shipped some slower 550 GH/s Jupiters, Saturns, and Mercurys.
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January 07, 2014, 08:13:52 PM
 #27455

I didn't mean you personally, I know your a cynic not an optimist Smiley

But do you have reference ot the emails? I remember some nebulous responses that didn't really say anything specific at the time.

Lol.. not a cynic, I'm an analyst. I don't have skin in the game either way, just looking at what's been presented.

The emails are in this insanely long thread, I did not save hotlinks to them, just noted them. This is why several folks keep pinging on Orama and others, because they were told the books would in fact be opened. And so far, nothing.

I believe they're waiting for a significant trigger, such as Cointerra shipping. It's not likely they'll be shipping Neptunes anytime soon, which is the only other reason they'd be silent.



You are too a cynic! And there is nothing wrong with that. Me, I'm a cynical optimist.

The difference between a cynic and a pessimist is this:

A pessimist doesn't believe anything good CAN happen, and so won't accept it when it does. A cynic, on the other hand, just doesn't expect it. But we aren't upset when it does go right Smiley

That being said, I think your analysis is likely correct. They don't have many competitors on the same scale as them, and I don't think they are taking the lower process node mfgrs seriously. I personally think this is a mistake, as those guys will likely continue to produce, and probably at lower cost in the near future. Already they are having trouble selling their devices at the asking price. Or at least Megabigpower is. Bitmain don't seem to be having any problems.

I just got a Technobit HEX16B based unit from AMT yesterday. They gave it to me to test and hopefully generate some good will for their company, as they got tired of scam accusations. If they are shipping in bulk soon, they'll put out a lot of hashes for the little guy, and they are about to release bitmine based miners as well. I think you'll start seeing a lot more of this model as the developers switch to chip sales over full on rigs. And this little beast is pretty nice. Lots of little guys can drive up the difficulty just as fast as a few big ones. (ok, that reads a bit confusing. The model I refer to is vendors using third party hardware.)

Buy Bitcoins with Paypal, Credit card, or other methods. Send me a PM or a text to 208-451-2665.
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January 07, 2014, 08:27:36 PM
 #27456



Must be around 40% right now I think.
[/quote]

I don't think so. The current network speed is around 13,000,000 GH/s, which is equal to 20,000 650 GH/s Jupiters.

I believe Knc produced around 3 1,200 unit batches, plus whatever they kept for themselves, which would be around 4,000 Jupiters or 20% of the network.

Even that maybe on the high side because they shipped some slower 550 GH/s Jupiters, Saturns, and Mercurys.
[/quote]

Yea think you are right, my calculations where a bit off Wink
Let's see how much of the global hash rate we will get with all neptunes online ^_^
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January 07, 2014, 09:46:55 PM
 #27457

off topic
For my USA KNC associates & friends...  heads up  good news for USA
Just completed an International Transfer Deposit from USA to Bitstamp in LESS THAN 24 hours! (18hours)
hope that helps.


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kendog77
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January 07, 2014, 09:51:08 PM
 #27458

off topic
For my USA KNC associates & friends...  heads up  good news for USA
Just completed an International Transfer Deposit from USA to Bitstamp in LESS THAN 24 hours!
hope that helps.


Is there a reason why you don't just use Coinbase? I have found that Coinbase is easy to use and allows transfers to/from US bank accounts.
Phoenix1969
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January 07, 2014, 09:53:28 PM
 #27459

nice....  might set that up as well for backup. I did try, but there was a verification problem (2nd step?)
I only pay .2% fee at bitstamp....  and I like the idea that they are on the xbt  Wink


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pvnamk19
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January 07, 2014, 10:19:22 PM
 #27460

www.kncminer.com and their forum down now or I got problem with their connections?

Anyone please confirm!
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