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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007411 times)
lemonte
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February 04, 2014, 10:49:39 PM
 #29381

I'm in full conspiracy mode now, lol.  I haven't seen anyone mention this very likely possibility yet...

20nm will never be developed by KNC.

Why?  Because if KNC never has to deliver a working Neptune to your door (c'mon aren't we all thinking we'll never see a real Neptune in person, right?)  Then what incentive do they have to build the new product when the 28nm Jupiters will do the hosted mining job perfectly fine with ultra cheap electricity.

We might see photos of datacenters filled with "our" Neptunes hashing away.  Shh, they'll just be Super-Jupiters in newly designed boxes.   But we will never have direct control of our individual boxes, just some vague, generic hashrate that we may have minimal control over.  So we'll never no for sure what KNC is hashing with.



Bookmark this post.  I want full credit when the conspiracy is exposed.  Cheesy

Why will no one see a working Neptune? I will be having mine delivered, regardless of the data centre.

I can almost guarantee that we will ultimately never be given the option of delivery for whatever bullshit reason they conjure up.

How much do you want to bet?

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February 04, 2014, 10:51:19 PM
 #29382

I'm in full conspiracy mode now, lol.  I haven't seen anyone mention this very likely possibility yet...

20nm will never be developed by KNC.

Why?  Because if KNC never has to deliver a working Neptune to your door (c'mon aren't we all thinking we'll never see a real Neptune in person, right?)  Then what incentive do they have to build the new product when the 28nm Jupiters will do the hosted mining job perfectly fine with ultra cheap electricity.

We might see photos of datacenters filled with "our" Neptunes hashing away.  Shh, they'll just be Super-Jupiters in newly designed boxes.   But we will never have direct control of our individual boxes, just some vague, generic hashrate that we may have minimal control over.  So we'll never no for sure what KNC is hashing with.



Bookmark this post.  I want full credit when the conspiracy is exposed.  Cheesy

Why will no one see a working Neptune? I will be having mine delivered, regardless of the data centre.

I can almost guarantee that we will ultimately never be given the option of delivery for whatever bullshit reason they conjure up.

How much do you want to bet?

Nothing.  I only gamble on unprofitable mining gear.  Wink
lemonte
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February 04, 2014, 10:53:39 PM
 #29383

 Grin Fair enough! It's much more fun than betting.

soy
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February 04, 2014, 10:55:42 PM
 #29384

A simple read on plan B: Knc will give people with neptune orders 3Th of mining power that would be hosted in Sweden (probably/hopefully sometime in Q2 and NOT on July 1!. Once Neptune (20nm) is produced in Q3-Q4, they will give you an option to replace your 28nm chips with 20nm hashing chips while maintaining your hash rate (or slightly increasing it) in lieu of sending you the actual machine.

You mean the hosted compensation while Neptunes aren't yet available might be linked to a forfeiture of ever taking possession of the eventual Neptune or do you mean compensation from their hosted 28mm farm then when Neptunes become available we then still have the choice to take possession or allow them to host?



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vesperwillow
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February 04, 2014, 10:55:53 PM
 #29385

The more I think about this, the more I'm convinced it will come true.  Someone please convince me that I'm crazy and I'll book an appointment for a shrink right now!

You're crazy lol. They'll be produced and will ship.

I said 3 months ago KNC is shifting to industrial/co-lo only stuff, and this is their major step toward that effort. This is likely the last year KNC ships to individuals.

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February 04, 2014, 10:56:11 PM
 #29386

Grin Fair enough! It's much more fun than betting.

More fun, yes.  But more profitable, probably not anymore.  My pile of gear is going to have to amuse me without growing larger now.  It was fun while it lasted.   Cry
xstr8guy
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February 04, 2014, 10:57:27 PM
 #29387

The more I think about this, the more I'm convinced it will come true.  Someone please convince me that I'm crazy and I'll book an appointment for a shrink right now!

You're crazy lol. They'll be produced and will ship.

I said 3 months ago KNC is shifting to industrial/co-lo only stuff, and this is their major step toward that effort. This is likely the last year KNC ships to individuals.

Not convinced yet.  But nice try.
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February 04, 2014, 11:02:14 PM
 #29388

A simple read on plan B: Knc will give people with neptune orders 3Th of mining power that would be hosted in Sweden (probably/hopefully sometime in Q2 and NOT on July 1!. Once Neptune (20nm) is produced in Q3-Q4, they will give you an option to replace your 28nm chips with 20nm hashing chips while maintaining your hash rate (or slightly increasing it) in lieu of sending you the actual machine.

You mean the hosted compensation while Neptunes aren't yet available might be linked to a forfeiture of ever taking possession of the eventual Neptune or do you mean compensation from their hosted 28mm farm then when Neptunes become available we then still have the choice to take possession or allow them to host?

the latter, not the former.
I will press on with a dividend and "rights offer" idea. We already have a precedent for this in ASICminer.

If data center will be essentially built with "neptune" funds, then an idea to give us an ability to get a dividend stream from data center expansion makes sense
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February 04, 2014, 11:07:03 PM
 #29389

I just want to be community...No words mix up, I just want to be depressed Tongue These current asics are just too good as what comes to power/Gh-ratio that it actually would be insane to design new 20nm chip if avoidable. Design/manufacturing costs will pay the difference in electric bill for years to come.

I wonder what bitfury is doing, is there next generation coming from there as well?! Perhaps community can keep its side with open source projects somehow at least if there are good efficiency chips available.
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February 04, 2014, 11:11:48 PM
 #29390

So they Intend to Build a Farm that's capable of delivering the Hash Rate for all Pre-ordered Neptunes.

Then they build all pre-ordered Neptunes, the Network diff is going to be fecking mmmmm Difficult.

So no advantage in Mining , no matter what batch your waiting for.

I say watch for the Small print, anything that's given (and assumed to be free) could constitute delivery and negate the chance of a refund before any Physical Neptune is Shipped.


Don't know about the rest of you , but I feel violated.

Maybe time to Champion one of the Alt Currencies as this is getting out of control.

C_C
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February 04, 2014, 11:23:26 PM
 #29391

So they Intend to Build a Farm that's capable of delivering the Hash Rate for all Pre-ordered Neptunes.

Then they build all pre-ordered Neptunes, the Network diff is going to be fecking mmmmm Difficult.

C_C

I think that their intention is OK, just wording was not the best.
As I see it they are saying the following:
1. Neptune will be delayed (most likely-duh!)
2. KnC will build a bunch of bare bones Jupiters (or call them Io or Europa for obvious reasons), connect them to data center, hopefully, before q2 end. Using these machines, KnC will GIVE us 3th of hashing per Neptune order.
3. This arrangement will be in effect until 20nm Neptune is ready, at which point (Q3 or even Q4) you will have a choice of getting a physical machine (20nm Neptune) or a 28nm to 20nm replacement cards at the data center.
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February 04, 2014, 11:25:20 PM
 #29392


after your post (?)
the hashrate has been redirected/turned off

Code:
12 hours 544.49 Th/s 5476655520
3 hours 521.28 Th/s 1310795508
22.5 minutes 289.21 Th/s 90904888
256 seconds 0.00 kh/s 0
128 seconds 0.00 kh/s 0

wow..nice one

Co incidents?
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February 04, 2014, 11:30:52 PM
 #29393

Am I alone in not being too concerned about this?

KNC are going to offer cloud based hashing - great.  Why wouldn't they? I would too.
They are offering an iron clad guarantee of hashing delivery date (cloud or physical). Super.

Batch 0 preorders were $3k cheaper and 3-4 weeks sooner than batch 1, and the same price but 6-8 weeks before batch 2.
Clearly KNC have a history of looking after their existing customers, and this seems to continue in this vein.  They could so easily get the data centre up and running and taking orders while we wait for our Neptune's....

This is just the next chapter of this interesting crypto story that we will be able to say in 20 years time we were at the centre of and the trailblazers for.....

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MONETARYUNIT
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rolling
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February 04, 2014, 11:31:01 PM
 #29394


after your post (?)
the hashrate has been redirected/turned off

Code:
12 hours 544.49 Th/s 5476655520
3 hours 521.28 Th/s 1310795508
22.5 minutes 289.21 Th/s 90904888
256 seconds 0.00 kh/s 0
128 seconds 0.00 kh/s 0

wow..nice one

Co incidents?

It is back hashing now.
2tights
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February 04, 2014, 11:33:16 PM
 #29395

Am I alone in not being too concerned about this?

KNC are going to offer cloud based hashing - great.  Why wouldn't they? I would too.
They are offering an iron clad guarantee of hashing delivery date (cloud or physical). Super.

Batch 0 preorders were $3k cheaper and 3-4 weeks sooner than batch 1, and the same price but 6-8 weeks before batch 2.
Clearly KNC have a history of looking after their existing customers, and this seems to continue in this vein.  They could so easily get the data centre up and running and taking orders while we wait for our Neptune's....

This is just the next chapter of this interesting crypto story that we will be able to say in 20 years time we were at the centre of and the trailblazers for.....

ahhhhh you're making TOO MUCH SENSE!!
matthewh3
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February 04, 2014, 11:35:06 PM
 #29396

Am I alone in not being too concerned about this?

KNC are going to offer cloud based hashing - great.  Why wouldn't they? I would too.
They are offering an iron clad guarantee of hashing delivery date (cloud or physical). Super.

Batch 0 preorders were $3k cheaper and 3-4 weeks sooner than batch 1, and the same price but 6-8 weeks before batch 2.
Clearly KNC have a history of looking after their existing customers, and this seems to continue in this vein.  They could so easily get the data centre up and running and taking orders while we wait for our Neptune's....

This is just the next chapter of this interesting crypto story that we will be able to say in 20 years time we were at the centre of and the trailblazers for.....

Exactly as they offered batch two for Q2 delivery.  With batch 1b a month before that and batch 1a a few weeks before that.  So early batch 1a Neptunes would see their hosted gear come online in the middle of May.  If not shipped already.

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February 04, 2014, 11:43:49 PM
 #29397

Am I alone in not being too concerned about this?

KNC are going to offer cloud based hashing - great.  Why wouldn't they? I would too.
They are offering an iron clad guarantee of hashing delivery date (cloud or physical). Super.

Batch 0 preorders were $3k cheaper and 3-4 weeks sooner than batch 1, and the same price but 6-8 weeks before batch 2.
Clearly KNC have a history of looking after their existing customers, and this seems to continue in this vein.  They could so easily get the data centre up and running and taking orders while we wait for our Neptune's....

This is just the next chapter of this interesting crypto story that we will be able to say in 20 years time we were at the centre of and the trailblazers for.....

omg

a knc sockpuppet!?

Esst mehr Scheisse, millionen Fliegen können nicht irren!  Cool
For this valueable Tip your ฿ Donation to:
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February 04, 2014, 11:45:03 PM
 #29398

Am I alone in not being too concerned about this?

KNC are going to offer cloud based hashing - great.  Why wouldn't they? I would too.
They are offering an iron clad guarantee of hashing delivery date (cloud or physical). Super.

Batch 0 preorders were $3k cheaper and 3-4 weeks sooner than batch 1, and the same price but 6-8 weeks before batch 2.
Clearly KNC have a history of looking after their existing customers, and this seems to continue in this vein.  They could so easily get the data centre up and running and taking orders while we wait for our Neptune's....

This is just the next chapter of this interesting crypto story that we will be able to say in 20 years time we were at the centre of and the trailblazers for.....

omg

a knc sockpuppet!?
No...just reasonable Wink

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MONETARYUNIT
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February 04, 2014, 11:49:23 PM
 #29399

Clearly KNC have a history of looking after their existing customers, and this seems to continue in this vein.  They could so easily get the data centre up and running and taking orders while we wait for our Neptune's....
They are building a beyond massive datacentre, so they are competing against their existing customers. And they may already have shipped a massive amount of hashrate to byteminr or their own facilities. How is this "looking after" existing customers?? I believe that's called f@#king your existing customers/initial investors.

They are offering an iron clad guarantee of hashing delivery date (cloud or physical). Super.
They had an iron-clad guarantee of delivering all October orders not later than 15th October and they didn't even apologise when they missed that date. It's just a dangled carrot, like hashfast "Miner Protection Program". If it will keep a certain proportion of people from asking for refunds, it has done it's job nicely.

Batch 0 preorders were $3k cheaper and 3-4 weeks sooner than batch 1, and the same price but 6-8 weeks before batch 2.
See my previous post about how they will have "pre-mined" your 3TH before you even get it.

Even with all this info, self delusion still reigns supreme here. "KNC have a history of looking after their existing customers" - give me a break!

I bet some of the guy(s) who insisted to me just a few weeks ago that knc would ship neptune in March still believe they will  Roll Eyes

<= kool aid stall around the corner

"I am not The Avenger"
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February 04, 2014, 11:53:39 PM
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When BTC hits $2K, then $5K, then $50K due to the laws of supply and demand...I think we're all going to look back on this and wonder why we complained so much.

It's best to buy coins now.  They may fall a bit more to $600 as a new bottom...but coins are becoming more rare with each passing difficulty increase and a constant new influx of people and services wanting to use them.  The majority of the worlds big money investors still have yet to jump in.  People should be jumping in now before they do.

How is that becoming "rare" if 3600 BTC are being supplied every day?


maybe what he meant to say was that as the difficulty goes up, the network still pumps out about 3600 coin a day, but as individual miners, completing one whole coin becomes harder (RARER) unless of course you have the equipment/BTC/$$ to keep buying hardware to keep up with the increased difficulty/hash rate....therefore and individual with 1 whole coin becomes "rarer"....Paladin?
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