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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3012383 times)
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January 23, 2014, 09:17:19 PM
 #28661

What would happen if we have 20-50 bil difficulty and BTC still at $800? Mad scramble for cheap electricity? It would be the most important parameter.


yes, since the high cost to mine only concerns the soon to be mined coins... many many coins out there already with tiny cost basis


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January 23, 2014, 10:27:03 PM
 #28662


Interestingly, KnC will have facility in Iceland at some point:
http://www.engadget.com/2014/01/10/KnCMiner-interview/?ncid=rss_truncated
at 11:30-11:45min ("[Iceland...]That's where eventually we'll go")

Wait and see.  It won't be the young guys getting the promotions who see their relatives moving to Iceland, but the relatives on their wives' side.  The wives will adjust with their kids of course but the homesickness will have them describing their new lives very glowingly to their parents, the maternal grandparents of the kids that are moved.  and for the kids, the ideal is for kids to start in a good school and move on up thru grades with as many of the early schoolmates for as far up as is possible.  It makes a different social sense than is had by children who are relocated in grammar school.  Those who don't move are much more capable of finding a position in a social structure as an adult.  Moving in childhood raises the possibility of being a loner.  And the grandparents will find that aged memory doesn't build the same sense of home as somewhere they've lived when younger and having more vital lives and friends. 



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2tights
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January 23, 2014, 10:29:39 PM
 #28663


Interestingly, KnC will have facility in Iceland at some point:
http://www.engadget.com/2014/01/10/KnCMiner-interview/?ncid=rss_truncated
at 11:30-11:45min ("[Iceland...]That's where eventually we'll go")

Wait and see.  It won't be the young guys getting the promotions who see their relatives moving to Iceland, but the relatives on their wives' side.  The wives will adjust with their kids of course but the homesickness will have them describing their new lives very glowingly to their parents, the maternal grandparents of the kids that are moved.  and for the kids, the ideal is for kids to start in a good school and move on up thru grades with as many of the early schoolmates for as far up as is possible.  It makes a different social sense than is had by children who are relocated in grammar school.  Those who don't move are much more capable of finding a position in a social structure as an adult.  Moving in childhood raises the possibility of being a loner.

wow, I didn't expect that angle. Kind of off topic but a good point.... but then again not sure how that relates to KNC and the Neptune.
The Avenger
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January 24, 2014, 12:02:43 AM
 #28664


Interestingly, KnC will have facility in Iceland at some point:
http://www.engadget.com/2014/01/10/KnCMiner-interview/?ncid=rss_truncated
at 11:30-11:45min ("[Iceland...]That's where eventually we'll go")

Wait and see.  It won't be the young guys getting the promotions who see their relatives moving to Iceland, but the relatives on their wives' side.  The wives will adjust with their kids of course but the homesickness will have them describing their new lives very glowingly to their parents, the maternal grandparents of the kids that are moved.  and for the kids, the ideal is for kids to start in a good school and move on up thru grades with as many of the early schoolmates for as far up as is possible.  It makes a different social sense than is had by children who are relocated in grammar school.  Those who don't move are much more capable of finding a position in a social structure as an adult.  Moving in childhood raises the possibility of being a loner.

wow, I didn't expect that angle. Kind of off topic but a good point.... but then again not sure how that relates to KNC and the Neptune.
soy should get off this forum and get on with that novel, as I said earlier. He moved himself into a corner wherever he is now living and doesn't have an outlet, hence here. Writing would be that outlet... and probably a better gamble for his kids college money than a neptune.

Forgive the massively off-topic comment.

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January 24, 2014, 12:22:52 AM
 #28665

All this talk about refunds...   why?   Giving up with mining, just leave the thread.    My 4 Neptunes....

I paid 12 BTC for my Neptune.  With refund I'll be getting about 16.

Personally I think the difficulty is going to jump at least 10 fold by the time Neptunes are delivered.
Would you sell 300GH for 16 coins today?  I would, that is why I asked for a refund.

BTW, the difficulty might jump 15 or 20 fold.  I used 10 just to give you some idea.

I am not sure why would you get 16 btc,
they would refund you back in fiat which is 10K?
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January 24, 2014, 12:23:45 AM
 #28666

All this talk about refunds...   why?   Giving up with mining, just leave the thread.    My 4 Neptunes....

I paid 12 BTC for my Neptune.  With refund I'll be getting about 16.

Personally I think the difficulty is going to jump at least 10 fold by the time Neptunes are delivered.
Would you sell 300GH for 16 coins today?  I would, that is why I asked for a refund.

BTW, the difficulty might jump 15 or 20 fold.  I used 10 just to give you some idea.

I am not sure why would you get 16 btc,
they would refund you back in fiat which is 10K?
KNC does refunds only in fiat.

My lucky BTC address : 1LoTTerY3WYbGxVRHvh8oDudDdTxFvvqWF
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January 24, 2014, 12:28:02 AM
 #28667

that's what I thought if the neptune cost 10K they will refund you 10K,
no matter what you paid for or how many btc you paid for then, rite?
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January 24, 2014, 12:28:05 AM
 #28668

All this talk about refunds...   why?   Giving up with mining, just leave the thread.    My 4 Neptunes....

I paid 12 BTC for my Neptune.  With refund I'll be getting about 16.

Personally I think the difficulty is going to jump at least 10 fold by the time Neptunes are delivered.
Would you sell 300GH for 16 coins today?  I would, that is why I asked for a refund.

BTW, the difficulty might jump 15 or 20 fold.  I used 10 just to give you some idea.

I am not sure why would you get 16 btc,
they would refund you back in fiat which is 10K?
KNC does refunds only in fiat.

obviously he was not a previous customer and paid $13k so he can then buy ~16btc now

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January 24, 2014, 12:59:34 AM
 #28669

No other manufacturer even has a 3TH miner on the drawing board!
You do know Cointerra are *in production* with a 2TH device? These devices are going to be tested and certified, so most will be hashing at... 2TH.

If lots of people have 2TH hashing, it's not going to be long before they push what you can earn with 2TH down to nothing.

The very first Jupiters out of the gate were mining 1.5BTC a day. Three months later, that is down to 0.15BTC a day. And that was while none of the major manufacturers were shipping anything!

It's almost certain that knc will not ship neptune for at least 3 months [REDACTED/]if they don't tape out before chinese new year[/REDACTED] lol

Food for thought?

https://bitcointalk.org/index.php?topic=429513.new#new
http://www.ctsminer.com/product/cts-miner-stratusmine-5-ths-20nm-asic-bitcoin-miner/

Game is on 5TH is new 3TH. Intresting times at this gold rush. I would not trust anything beyond few months. Chinese are the wild card here when they mass produce something 10000units is just initial number. Bitmine is minting $$$ now and upgrading their production speed.

KnC may not be the first to ship 3TH

Press
http://www.prlog.org/12272617-new-3-ths-5-ths-bitcoin-miners-with-20nm-asics-from-cts-miner-will-revolutionise-cryptocurrency.html
“We are proud to announce that we are now accepting preorders of 1,000 units per model. The first devices will ship worldwide, the week of 7 April, 2014.


More KnC customers will jump the boat.

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January 24, 2014, 01:01:00 AM
 #28670

All this talk about refunds...   why?   Giving up with mining, just leave the thread.    My 4 Neptunes....

I paid 12 BTC for my Neptune.  With refund I'll be getting about 16.

Personally I think the difficulty is going to jump at least 10 fold by the time Neptunes are delivered.
Would you sell 300GH for 16 coins today?  I would, that is why I asked for a refund.

BTW, the difficulty might jump 15 or 20 fold.  I used 10 just to give you some idea.

I am not sure why would you get 16 btc,
they would refund you back in fiat which is 10K?

I paid $13,200 (12,995+shipping) in BTC, at that time it was just over 12 BTC.
Now, I'm getting $13,200 back.  Bought 16.12 BTC with $13,200 already, just waiting for KNC to send me the wire.
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January 24, 2014, 01:21:50 AM
 #28671

No other manufacturer even has a 3TH miner on the drawing board!
You do know Cointerra are *in production* with a 2TH device? These devices are going to be tested and certified, so most will be hashing at... 2TH.

If lots of people have 2TH hashing, it's not going to be long before they push what you can earn with 2TH down to nothing.

The very first Jupiters out of the gate were mining 1.5BTC a day. Three months later, that is down to 0.15BTC a day. And that was while none of the major manufacturers were shipping anything!

It's almost certain that knc will not ship neptune for at least 3 months [REDACTED/]if they don't tape out before chinese new year[/REDACTED] lol

Food for thought?

https://bitcointalk.org/index.php?topic=429513.new#new
http://www.ctsminer.com/product/cts-miner-stratusmine-5-ths-20nm-asic-bitcoin-miner/

Game is on 5TH is new 3TH. Intresting times at this gold rush. I would not trust anything beyond few months. Chinese are the wild card here when they mass produce something 10000units is just initial number. Bitmine is minting $$$ now and upgrading their production speed.

KnC may not be the first to ship 3TH

Press
http://www.prlog.org/12272617-new-3-ths-5-ths-bitcoin-miners-with-20nm-asics-from-cts-miner-will-revolutionise-cryptocurrency.html
“We are proud to announce that we are now accepting preorders of 1,000 units per model. The first devices will ship worldwide, the week of 7 April, 2014.


More KnC customers will jump the boat.

please stop posting scam!!!
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January 24, 2014, 01:42:18 AM
 #28672

Another week gone by, no Jupiters, No upgrade modules, no nothing.

See you next week.

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January 24, 2014, 02:40:16 AM
 #28673

Looks like my "october" Saturn might be at end of life already.

Less than three months of mining lifetime, that makes ROI even more difficult to achieve than the basic "difficulty" does.

I upgraded the firmware to one 99-1 tuning, because I could not find the thing that used to exist that would turn all the whatzits back on.

It seems to be showing that ASIC 1 is totally dead, no voltages no nothing.

ASIC 5 is still there.

The last few days the power supply had taken to turning itself off, I guess the Saturn must have increased the load on the power supply a lot before fthe ASIC finally died.

This is not seeming to bode well for the Neptunes if this is the kinf of lifetime we can expect from them...

The thing had actually worked well originally, I seem now finally to abe having the kinds of problems so many people started up with right out of the box.

Anyone have any idea what the thing was that would turn all the dies or ASICs or whatever back on?

Or are these newer firmwares supposed to include all that stuff themselves already?

-MarkM-

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January 24, 2014, 02:50:12 AM
 #28674

Going from 19MM to 1.7B is a lot easier than going from 1.7B to 20B.

Unless the Redfuries and Antminer USBs are the new BE USBs, the BE cube is the new Jalapeno, the Monarch is the new single, the Antminer is the new BE blade etc etc. If you're getting "about" a power of 10 more hash at the same price point, and there's even more people interested in buying, it's not gonna be real surprising when the difficulty jumps 10x.

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January 24, 2014, 05:44:05 AM
 #28675


The thing had actually worked well originally, I seem now finally to abe having the kinds of problems so many people started up with right out of the box.

Anyone have any idea what the thing was that would turn all the dies or ASICs or whatever back on?

Or are these newer firmwares supposed to include all that stuff themselves already?

-MarkM-


how much do you want for the dead board??  i bet a few people here would take a chance on it

I would but I only have 1000w PSUs and with 5 boards overclocked on each jupiter i am at ~910w already at the wall

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January 24, 2014, 06:20:33 AM
 #28676

Scavengers at work, again Grin
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January 24, 2014, 06:31:18 AM
 #28677

Another week gone by, no Jupiters, No upgrade modules, no nothing.

See you next week.

so sad ... :/
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January 24, 2014, 07:37:42 AM
 #28678

No other manufacturer even has a 3TH miner on the drawing board!
You do know Cointerra are *in production* with a 2TH device? These devices are going to be tested and certified, so most will be hashing at... 2TH.

If lots of people have 2TH hashing, it's not going to be long before they push what you can earn with 2TH down to nothing.

The very first Jupiters out of the gate were mining 1.5BTC a day. Three months later, that is down to 0.15BTC a day. And that was while none of the major manufacturers were shipping anything!

It's almost certain that knc will not ship neptune for at least 3 months [REDACTED/]if they don't tape out before chinese new year[/REDACTED] lol

Food for thought?

https://bitcointalk.org/index.php?topic=429513.new#new
http://www.ctsminer.com/product/cts-miner-stratusmine-5-ths-20nm-asic-bitcoin-miner/

Game is on 5TH is new 3TH. Intresting times at this gold rush. I would not trust anything beyond few months. Chinese are the wild card here when they mass produce something 10000units is just initial number. Bitmine is minting $$$ now and upgrading their production speed.

KnC may not be the first to ship 3TH

Press
http://www.prlog.org/12272617-new-3-ths-5-ths-bitcoin-miners-with-20nm-asics-from-cts-miner-will-revolutionise-cryptocurrency.html
“We are proud to announce that we are now accepting preorders of 1,000 units per model. The first devices will ship worldwide, the week of 7 April, 2014.


More KnC customers will jump the boat.



er are these folks legit? ....i mean they just plain state they have set aside and contacted UPS that they will be shipping in full a particular week in april...sounds fishy as hell

bam we got a 5Th out before knc and see we picked a week in april already...trust us

Searing

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January 24, 2014, 08:45:34 AM
 #28679


The thing had actually worked well originally, I seem now finally to abe having the kinds of problems so many people started up with right out of the box.

Anyone have any idea what the thing was that would turn all the dies or ASICs or whatever back on?

Or are these newer firmwares supposed to include all that stuff themselves already?

-MarkM-


how much do you want for the dead board??  i bet a few people here would take a chance on it

I would but I only have 1000w PSUs and with 5 boards overclocked on each jupiter i am at ~910w already at the wall

Actually I hoped it wasn't really dead but that if I can find that turn everything on again script it will turn the thing back on.

Too much to hope for eh?

Do these things have warranties?

-MarkM-

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January 24, 2014, 09:10:02 AM
 #28680

have we an overview of how many neptune refunds there were?
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