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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3012865 times)
de_ixie
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February 04, 2014, 03:06:30 PM
 #29221

Yay - it means on 30.06.2014 they route hashing power of all 4000 Neptunes to their paid customers Wink
Which they no doubt now see as a drop in the ocean of what hashing power they will have online by then...

... my interpretation of all this is not entirely negative. I still think they have good intentions. Quick shot on most possible scenario:

- Neptunes late (they already know that right now)
- Compensation starting with free 3Th starting April/ May/ June for batch 1/2/3
- Finally delivered Neptunes have to compete with additional 10Ph from their farm... which sucks bigtime

To be honest, 3TH for free for batch 1 customers in April sounds very attractive to me. Hick-Hack on Jupiter Sales/ Moduls on the other side sucks for the guys who planned to buy some....

Don't think April.

They said Q1/Q2. End of Q2 is june. You'll get your hash at 1st of july....

The truth will be in between  Cheesy (x-files title song)

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fubly
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February 04, 2014, 03:06:50 PM
 #29222

baptize Bitcoin to KNC Coin Tongue
sbfree
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February 04, 2014, 03:07:59 PM
 #29223

I had big trust.

Now I lost all...

It's about pure centralization. Worst than Ghash....

This whole thing fucked up.

(That's my first impression)
elgabo, have you seen GHASH.IO, some russian dudes or something with over 1/3rd of the network,

then there DISCUS FISH or whatever, they are coming up fast.

BTCGUILD of course....

and who knows who else....so I wouldn't worry too much about centralization.

Another positive might be Energy savings or Going Green/er??.....being in some frozen land saves tons on heating....and maybe thermal energy is way cheaper, not sure...but sure is greener.

I also plan to keep mining, MAYBE the other miner vendors will have to drop prices substantially in order to compete, and lets more of the masses  into BITCOIN and CRYPTO currency...

I wonder if Satoshi/s even foresaw such vast amounts of alt coins, and the massive response to all of them...

GO BITCOIN, GO LITECOIN, PEERCOIN, DOGECOIN, NAMECOIN and all others....

btw Group Buy for USB sticks to mine LITECOIN/DOGECOIN

https://bitcointalk.org/index.php?topic=438177.0
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February 04, 2014, 03:09:40 PM
 #29224

I think the new datacenter will

halve
thirds
quarter

the return of the neptunes!
helmax
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February 04, 2014, 03:10:59 PM
 #29225

bad news again

looking job
sbfree
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February 04, 2014, 03:11:18 PM
 #29226

Yay - it means on 30.06.2014 they route hashing power of all 4000 Neptunes to their paid customers Wink
Which they no doubt now see as a drop in the ocean of what hashing power they will have online by then...

... my interpretation of all this is not entirely negative. I still think they have good intentions. Quick shot on most possible scenario:

- Neptunes late (they already know that right now)
- Compensation starting with free 3Th starting April/ May/ June for batch 1/2/3
- Finally delivered Neptunes have to compete with additional 10Ph from their farm... which sucks bigtime

To be honest, 3TH for free for batch 1 customers in April sounds very attractive to me. Hick-Hack on Jupiter Sales/ Moduls on the other side sucks for the guys who planned to buy some....

Don't think April.

They said Q1/Q2. End of Q2 is june. You'll get your hash at 1st of july....
Exactly. They've had to think long and hard how to make them delivering Neptune late sound good to people.

Offering people 3TH starting from the date they originally promised to deliver Neptune is, err, quite an amazing "bonus"  Grin

They will already be hashing with those machines before that date, meaning the customer appreciation batch will be just about as worthless as the batch 2(3), as the bitcoin difficulty will have already risen to account for this hashrate.
at least it won't be late?Huh?
temen
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February 04, 2014, 03:11:31 PM
 #29227

Im little worried that 1 bunkerbuster bomb could wipe out entire kncminer facility  Shocked Perhaps it wont come to that after all.

You dont want to keep all your eggs in one basket

edit: this now way means that i hope something like this but money has been the  cause of most wars on the planet i think... Good old conspiracy theorist in me starts to lift its head I see Roll Eyes

de_ixie
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February 04, 2014, 03:16:09 PM
 #29228

Building the most f***ing uber PHcenter in the world is Plan B? What the heck would Plan A be rofl???

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arlekyn13
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February 04, 2014, 03:16:54 PM
 #29229

"To make sure that everyone who has paid for their Neptune we are building a data centre like no other. It is located in the north of Sweden not far from Facebook and other Mega Data Centres and it’s totally powered by renewable energy."

While it doesn't make much sense in English (looks like an unfinished initial thought), I think it refers to those customers that have more than 1 Neptune ordered and might face home power problems. I'm not very sure of it though.

Also think that the "free hashing" will be at the initial 3TH starting on 1st of July if Neptunes won't get delivered by than.

1CmrswU7JYpi9WNC8EHWCV3aam1FJsW2Zu - to show appreciation for my work
midyatspor
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February 04, 2014, 03:17:32 PM
 #29230

New to this forum, just received the below as a Newsletter from KNC.

Dear All
 
It’s been a while since our last communication and this update is overdue and we do apologise for that. In this newsletter we want to update you on 3 important things.Neptune Development Progress, Jupiter sales and our new project - Plan B.
 
Neptune Development Progress
Over the last few months things have most certainly not stopped here at KnC, and we have made massive progress on our 20nm chip and it will be one of the first 20nm chips to come out to market with the strong support of our partners, TSMC, AST and Alchip. The backend engineering teams have been working 7 days a week around the clock to bring this chip to market as fast as possible. We have of course learnt a lot from our previous 28nm design and with that knowledge we will squeeze even more out of our 20nm chip.
 
The news we can tell you today is that we have a further reduction in power consumption of around 11% from our initial calculations, which means we can squeeze in even more cores. The core count per package is already over 1000 and with every reduction in power usage we will add in more cores to maximize the performance. This is a great bit of news.
Jupiter sales
 
We are no longer going to offer Jupiter for sale. We had intended to offer Jupiter following the end of our Network Protection phase, however things move fast in the Bitcoin world and we have decided to end all future sales of Jupiter. We know this may disappoint some people waiting for buy more Jupiters, however, we have some exciting news that we would like to share today and its called ‘Plan B’.
 
Plan B
As you are all aware we broke many world records in releasing the 28nm chip in such a short amount of time. We are a very ambitious company but even for us, to go “all in” and not be able to deliver on our performance targets, like our competition, would be completely unacceptable to us as a company and everything we stand for. So today we are introducing, Plan B.
 
To make sure that everyone who has paid for their Neptune we are building a data centre like no other. It is located in the north of Sweden not far from Facebook and other Mega Data Centres and it’s totally powered by renewable energy.
 
Over the next few months we are bringing online enough hashing power to make sure that any delay in the Neptune timeline will be compensated with a completely free hosted hashing packages to all fully paid customers.
 
In the addition to this commitment, as part of Plan B, for all Neptune customers, we will be offering a free conversion to a hosted hashing package where we will simply fill your wallets directly and you won’t have to worry about anything else. All the other costs taken care of by us. We are able to do this by using our 28nm chips which is why all products that we have coming out of our factory in the next few months will go into building and supplying the Plan B facility.
 
If, during the course of development of Neptune, there is any threat to the timelines for delivery, those delays will not result in the loss of any mining time for our Neptune customers. We will release more details of this as we get closer to the delivery date, but for now we have one of the world’s largest data centres to build.

Thanks
KnCMiner Team
idee2013
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February 04, 2014, 03:18:59 PM
 #29231

midyatspor = KNC shill?
ncs0ne
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February 04, 2014, 03:20:35 PM
 #29232

Building the most f***ing uber PHcenter in the world is Plan B? What the heck would Plan A be rofl???

Plan A: deliver on time

Because a plan B is of interest, only, if plan A fails.

DPoS
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February 04, 2014, 03:22:09 PM
 #29233

Building the most f***ing uber PHcenter in the world is Plan B? What the heck would Plan A be rofl???

Plan A: deliver on time

Because a plan B is of interest, only, if plan A fails.

Plan B ensures that Plan A will never be more than one day before Plan B kicks in



people who bought neptunes didnt really want neptunes, they just wanted the next miner that KNC would offer to the public..  they truly gave them the master fuck by locking them into future financial chains while keeping all the lucrative 28nm paydirt for their own farming


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midyatspor
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February 04, 2014, 03:25:41 PM
 #29234

no my friend I am not KNC Shill, I could forward the email I received from KNC Miner, I am a Neptune Customer but new to this forum, been just reading and just became a member.

midyatspor = KNC shill?
joeventura
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February 04, 2014, 03:26:09 PM
 #29235

"We will release more details of this as we get closer to the delivery date, but for now we have one of the world’s largest data centres to build."

Translation - You aren't going hear shit from us for a while.


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idee2013
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February 04, 2014, 03:26:35 PM
 #29236

no my friend I am not KNC Shill, I could forward the email I received from KNC Miner, I am a Neptune Customer but new to this forum, been just reading and just became a member.

midyatspor = KNC shill?

this was already posted 2 times here...
joeventura
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February 04, 2014, 03:27:01 PM
 #29237

no my friend I am not KNC Shill, I could forward the email I received from KNC Miner, I am a Neptune Customer but new to this forum, been just reading and just became a member.

midyatspor = KNC shill?

Welcome to the thread,
next time read back a few pages before posting, so you don't look so.................new

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joeventura
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February 04, 2014, 03:28:20 PM
 #29238

So who wants to buy a KNC controller card for a mercury/neptune/saturn?

Don't think I will have a use for it now.


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The Avenger
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February 04, 2014, 03:32:00 PM
 #29239

Speaking of shills, Bitcoinorama was on the forum an hour ago. When did this announcement come out? Oh yeah, over an hour ago.

Nice of the knc Director of Communications to answer all your questions for you. I mean, it's hardly his job is it?

Will his account now go dormant, like the kncminer one did in September?  Grin

"I am not The Avenger"
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atadro
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February 04, 2014, 03:32:08 PM
 #29240

So who wants to buy a KNC controller card for a mercury/neptune/saturn?

Don't think I will have a use for it now.



ya, i bought a soldering/rework station for adding headers onto my Nov Jupiters that will now prolly just collect dust........
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