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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3008485 times)
matthewh3
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February 13, 2014, 12:22:48 PM
 #29861

Well, it looks like they already have the hashrate to cover batch 1a.  IMHO, batch 1a will be considered late in mid May.  As the final batch two was sold to be shipped in quarter two.  Batch 1b a month before that and batch 1a a few weeks before that.  So in IMO mid May is the latest they can leave it for batch 1a.

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madsusies
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February 13, 2014, 12:22:52 PM
 #29862

Great!

Just remember: NEVER PREORDER AGAIN!
it was obvious, no one in Taiwan make you few 1000 of chips, minimum 10 000 pieces, then they care what you want
The Avenger
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February 13, 2014, 12:24:46 PM
 #29863

Speaking of Byteminr:

Byteminr ‏@byteminr 43m
Looking for people to help beta test the new KnCWallet. Check out http://beta.kncwallet.com

Sam registered variations on 22nd January, such as:
http://www.whois.com/whois/kncwallet.net


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joeventura
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February 13, 2014, 01:49:19 PM
 #29864

They had a bottleneck on the controllers 'Orama? Really?

You work for the company and you didn't know this massive mining operation was going on?

Your company is dead to me.




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RoadStress
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February 13, 2014, 02:01:04 PM
 #29865

seriously, waaah. calling someone greedy for doing exactly what you are doing, just bigger and better. Grow up. If you are jealous, do it bigger.

True. I will remember this!

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
vesperwillow
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February 13, 2014, 02:25:17 PM
 #29866

Seriously, I'm laughing all the way to the bank on this. Cheesy

Some of you guys have done the math on the hashpower, and it's definitely significant is it not? Tehfeind's response a few pages back is definitely the wisest yet: Dump your orders and buy BTC. Especially right now while it's cheap.

Also, don't go too harshly on 'Orama, I would "wager" he's not kept informed of everything.. only what the overlords want spread around. And with his pay increase recently, I'm sure they'll keep him happy.

I love this thread. In life there's Politics and Religion which people argue over or have constructive debate.. and then there's the KNC thread on Bitcointalk. It has everything you could hope for.

Except the ability to acquire equipment LOL

vesperwillow
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February 13, 2014, 02:28:54 PM
 #29867

They had a bottleneck on the controllers 'Orama? Really?

You work for the company and you didn't know this massive mining operation was going on?

Your company is dead to me.

It's true, they did.. they weren't lying. They simply told the truth, but there was more to it. There was a bottleneck on controllers.. for customers because they set aside most of them for themselves lol

raskul
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February 13, 2014, 02:40:44 PM
 #29868

"The company added that it planned to build further tech hubs in the region later this year."

english translation from that swedish video ^^^^
http://www.thelocal.se/20140213/bitcoin-giant-to-open-new-mega-swedish-hub

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
vesperwillow
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February 13, 2014, 02:44:53 PM
 #29869

Planned to? More like there's 2 others already.. lol

KNCMiner.. where your new equipment, is our secondhand product.

murraypaul
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February 13, 2014, 03:18:13 PM
 #29870

Well, it looks like they already have the hashrate to cover batch 1a.  IMHO, batch 1a will be considered late in mid May.  As the final batch two was sold to be shipped in quarter two.  Batch 1b a month before that and batch 1a a few weeks before that.  So in IMO mid May is the latest they can leave it for batch 1a.

Batch 1a was listed as Q1/Q2.
It is late on July 1st.
Anything else is wishful thinking.

BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW
SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
Biodom
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February 13, 2014, 03:35:24 PM
 #29871

Well, it looks like they already have the hashrate to cover batch 1a.  IMHO, batch 1a will be considered late in mid May.  As the final batch two was sold to be shipped in quarter two.  Batch 1b a month before that and batch 1a a few weeks before that.  So in IMO mid May is the latest they can leave it for batch 1a.

Batch 1a was listed as Q1/Q2.
It is late on July 1st.
Anything else is wishful thinking.

I disagree. If the farm is ready by mid March, then I would expect hashing for customers would start almost immediately. I don't think that customers would tolerate anything else. Is it possible that they would first hash on massive power for themselves? Yes, it is possible, but would be wrong on so many levels-it is not even funny. They want to stay in business year after year-you cannot do that if you upset your customers. Hashing totally for themselves is super risky because it opens up for massive losses due to currency/BTC price fluctuation.

So, my prediction:
1. hashing for customers (batch 0) commences on March 15-March 30.
2. For batch 1-April 1-April 15 (or together with batch 0-one can dream, right?).
3. hashing power provided does not change much from 3th/s if BTC stays at current levels. At $400-500/BTC, I would expect them to bump the offer to 4th/s pr even 5ths/s, otherwise nobody in their sane mind would keep the purchase.
pvnamk19
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February 13, 2014, 03:36:20 PM
 #29872

I feel that 'Orama is just a puppet Director of Communications for KnC!? Poor for him and poor for us too.
Back to school/work girls and boys, Bitcoin is just a hobby.
Biodom
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February 13, 2014, 03:41:14 PM
 #29873

I feel that 'Orama is just a puppet Director of Communications for KnC!? Poor for him and poor for us too.
Back to school/work girls and boys, Bitcoin is just a hobby.

Right, especially after the nonsensical bickering between MtGox, Bitcoin Foundation and other exchanges. I thought that they would be out of beta testing at this point (5 years later).
DPoS
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February 13, 2014, 03:57:26 PM
 #29874

I don't think that customers would tolerate anything else.



wow this made me laugh in this market

~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
merv77
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February 13, 2014, 03:57:51 PM
 #29875

seriously, waaah. calling someone greedy for doing exactly what you are doing, just bigger and better. Grow up. If you are jealous, do it bigger.

True. I will remember this!

hang on a minute it's not exactly like me and many others, because I never asked for pre-order money, I never promised a NPS, and I never promised to sell you any miners/upgrade modules.

I also don't like playing mind games.
vesperwillow
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February 13, 2014, 04:04:36 PM
 #29876

I disagree. If the farm is ready by mid March, then I would expect hashing for customers would start almost immediately.

I don't think that customers would tolerate anything else.

Tolerate? Were we going to cut their pay?

1. hashing for customers (batch 0) commences on March 15-March 30.
...
3. hashing power provided does not change much from 3th/s if BTC stays at current levels. At $400-500/BTC, I would expect them to bump the offer to 4th/s pr even 5ths/s, otherwise nobody in their sane mind would keep the purchase.

1. They already said this wouldn't happen regardless of anything else. Afterall, they want to mine for themselves.

3. Of course nobody sane should buy their products now.. just like nobody sane should buy BFL.. and yet people keep placing orders...

joeventura
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February 13, 2014, 04:16:41 PM
 #29877

You can watch the KNC farm grow here:


http://eligius.st/~wizkid057/newstats/userstats.php/1A73ExsM2doRwTLp82rv5U36QHbBFmHD1X


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raskul
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February 13, 2014, 04:19:20 PM
 #29878


this was a good round!!!

2014-02-13 05:00:19 (G)   4.91363961 BTC
2014-02-13 03:57:01 (S)   198.54159197 BTC
2014-02-12 00:06:12 (G)   23.50032965 BTC

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
The Avenger
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February 13, 2014, 04:28:20 PM
 #29879

They are just starting and already mining 5BTC every few hours - exactly how much a Neptune will mine in it's entire lifetime starting on 1st July  Grin

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Biodom
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February 13, 2014, 04:34:22 PM
 #29880


Impressive, but how reliable is the info that this is the New KNC datacenter.
If it is true, then this is some impressive sleuthing.
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