Bitcoin Forum
November 21, 2017, 04:12:14 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 1455 1456 1457 1458 1459 1460 1461 1462 1463 1464 1465 1466 1467 1468 1469 1470 1471 1472 1473 1474 1475 1476 1477 1478 1479 1480 1481 1482 1483 1484 1485 1486 1487 1488 1489 1490 1491 1492 1493 1494 1495 1496 1497 1498 1499 1500 1501 1502 1503 1504 [1505] 1506 1507 1508 1509 1510 1511 1512 1513 1514 1515 1516 1517 1518 1519 1520 1521 1522 1523 1524 1525 1526 1527 1528 1529 1530 1531 1532 1533 1534 1535 1536 1537 1538 1539 1540 1541 1542 1543 1544 1545 1546 1547 1548 1549 1550 1551 1552 1553 1554 1555 ... 2138 »
  Print  
Author Topic: Swedish ASIC miner company kncminer.com  (Read 3009284 times)
raskul
Sr. Member
****
Offline Offline

Activity: 434



View Profile
February 18, 2014, 07:56:54 AM
 #30081


The Dukes of Moral Hazard




tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1Neptune
Sr. Member
****
Offline Offline

Activity: 241



View Profile
February 18, 2014, 09:44:12 AM
 #30082

Posted by Kurt in the KnC forum "general questions", post #7 in "Next month (March) is the end of Q1. Will the first Neptune batch be shipping then?"

"Hi Everyone,

It is our highest priority that our customer's are satisfied with the outcome of their Neptune purchases, if our customers are not satisfied, we do not have repeat business. We are currently the most respected and trustworthy ASIC company on the market, we aim to keep our reputation as this is what makes us unique in this business.

As we come closer to the end of the production period, we will start having more frequent updates to share, but for now we are on track and continuing as planned."
RickJamesBTC
Sr. Member
****
Offline Offline

Activity: 378


View Profile
February 18, 2014, 10:00:37 AM
 #30083

No one will be shipped a Neptune... ever.  We won't be given any option other than 3THs hosted mining for a year (six months, maybe) in some massive aircraft hanger on the frozen tundra.  Mark my words.

0.1 BTC bet on that?

No thanks and I hope I'm wrong.

But......

I just have this hunch.  I've never been one to believe in conspiracy theories and the like.  But I am almost completely convinced that not only will we never get to physically touch a Neptune but KNC will never actually produce them.  It just doesn't make economic sense for them to spend millions on a marginally better technology when the market will soon be flooded with very similar and possibly more efficient miners (ASICMiner anyone?).

Hence the belief that KNC are using Neptune preorder funds to build their massive cloudhosting facilities and plan on using the cheap old 28nm tech to reduce costs.  I also believe that KNC never actually were planning to build 20nm miners.  It's just been a long con to them and the ultimate goal has always been to control the largest piece of the hashing pie.

Again, I hope I'm wrong.  I'm a hardware junky and would love to actually get my hands on my Neptune which will be my last piece of mining hardware I will ever purchase other than the couple of Monarch cards that I had converted from 65nm orders.  But also think that it is likely that BFL will do the exact same thing as KNC may be planning, cloudhosting only.

You're friggin nuts. Look at the terrible behavior of all the other asic manufacturers, how the hell can you say that KNC is working a long con, by shipping millions and millions of dollars worth of mining machines that made a lot of us a very good return. They have a tremendously successful business, and will continue making machines as long as people are buying them. Mining difficulty increases too fast, making hardware just for your own mining is never going to be as profitable as selling that hardware for as much as it likely will ever make.
smoothrunnings
Hero Member
*****
Offline Offline

Activity: 560


View Profile
February 18, 2014, 11:34:50 AM
 #30084

Off topic.

I have just been robbed , just about all my Coins in my QT wallet have gone.

Status: 312 confirmations
Date: 16/02/2014 03:43
To: 1JJewUpXpBHNDWVqzkKk7kWa7pQzRGfzpG
Debit: -11.24 BTC
Transaction fee: -0.0006 BTC
Net amount: -11.2406 BTC
Transaction ID: df776f8492caaee7004594f9e8b399342e24ce7febd8b79621ac7ded958b78ba

Question how can this Happen if my Wallet is Encrypted , With a very long password.

Obviously the password wasn't strong enough. You should be using one of the 63 character ascii passwords from grc.com/password, the nice thing is these passwords never get regenerated no matter how times you refresh Steve Gibson's website. Smiley 
Biffa
Legendary
*
Offline Offline

Activity: 1344



View Profile
February 18, 2014, 12:11:33 PM
 #30085


Whoever this is, they increased hashing rate ~10% in the last 4 days. Now up to ~1ph or 20% of eligius pool (4% of the whole network).
The other account (http://eligius.st/~wizkid057/newstats/userstats.php/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX) is dropping a little bit.

Thats BITMAIN

Biffa
Legendary
*
Offline Offline

Activity: 1344



View Profile
February 18, 2014, 12:15:16 PM
 #30086

Off topic.

I have just been robbed , just about all my Coins in my QT wallet have gone.

Status: 312 confirmations
Date: 16/02/2014 03:43
To: 1JJewUpXpBHNDWVqzkKk7kWa7pQzRGfzpG
Debit: -11.24 BTC
Transaction fee: -0.0006 BTC
Net amount: -11.2406 BTC
Transaction ID: df776f8492caaee7004594f9e8b399342e24ce7febd8b79621ac7ded958b78ba

Question how can this Happen if my Wallet is Encrypted , With a very long password.

Obviously the password wasn't strong enough. You should be using one of the 63 character ascii passwords from grc.com/password, the nice thing is these passwords never get regenerated no matter how times you refresh Steve Gibson's website. Smiley 

Doesn't matter how long your password is if you have a keylogger trojan on your machine.

Biodom
Legendary
*
Offline Offline

Activity: 1414


View Profile
February 18, 2014, 02:17:01 PM
 #30087


Whoever this is, they increased hashing rate ~10% in the last 4 days. Now up to ~1ph or 20% of eligius pool (4% of the whole network).
The other account (http://eligius.st/~wizkid057/newstats/userstats.php/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX) is dropping a little bit.

Thats BITMAIN

Top, bottom or both are bitmain? Someone had posted that top is KnC.
vesperwillow
Hero Member
*****
Offline Offline

Activity: 616


View Profile
February 18, 2014, 02:50:58 PM
 #30088

I had some time and decided to come out of lurk mode and create an account.  Please insert speculation regarding my motives as a first time poster here:

Question is how long have you been lurking? By your responses, not long.

What finally prompted this post is my surprise at how a few short updates from KNC that spawned some speculation have now turned into facts after a couple weeks, with no additional information.

You mean their dodging of questions from even their most respected customers, and their customer relations department effectively shutting down, doesn't add to your surprise?

I don't see any real justification for the complaints about their NPS, because they didn't ship more power during the declared NPS timeframe.

You're kidding right? 3 Chinese OEM's shipped daily since December 1st, along with another company. Their NPS stated they would offer more equipment to be shipped same month if competitors were shipping hashpower. How can they offer same month? They already had more than enough 28nm on hand in preparation for this, and for their datacenter (which they'd been planning). This ties in below. Not sure where you get that competition didn't ship more, the hashrate went up throughout the NPS time window, as did the difficulty. Jupiters were supposed to be valuable well past spring if competition wasn't shipping. They're no longer valuable now.

 I've seen speculation that they were mining themselves the whole time, but exactly zero proof of it, so to me this is just noise.  

Huh? They show their own datacenter in several press reports and video releases. It's significant. They even admitted to mining the entire time, but they won't say how much power they're using. It's likely to say they were using far more than they want to admit.

The endless whining about their decision not to sell more add on modules after they suggested they might is also noise. They never promised to, and only said to keep some BTC available if you can, so I'm not sure what anyone hopes to gain by hammering on about it.

It's like you know nothing about the company or anything in their newsletter, or in their terms of service. For every single product they've offered for sale, one of the primary selling points/features (since June 2013) was modular upgradability, and that modules would in fact be produced side-by-side and available. They included this bullet point in batches 1 & 2 of Neptune as well, but redacted it for batch 3. This has been discussed many times over, and has even the most hardcore KNC supporters upset, because when questioned in email, Sam and the other KNC guys said--without a doubt--they would always be selling the modules for the products which could be upgraded.


If they add 3.6Ph to cover one batch at a time, then at present that would increase network power by 1/7 - but it may well not come online until June

They said they plan on getting it up and running as soon as possible, and said they could have it up and running within a month or so. They'll likely have it going long before June.

Realistically, between Hashfast and Cointerra finally shipping, and even BFL (which while already late seems like it will eventually ship the Monarch)

Monarch isn't late, original ship timeframe was March-April. Where do you get any of your information?


and KNC's statement that they haven't been cranking out a lot more 28nm hardware. Every other statement about this is speculation, much of it contravening the few facts we have, and is just useless noise to wade through on the forum.

They said they hadn't been making more 28nm for sell orders. It's important to note the wording. They've kept their foundry very busy over the last few months.

So there is a lack of information problem, but that has not stopped the perception from being that they've already been mining with giant amounts of power, or that we've all somehow been screwed as such even though whatever they have done, or are going to do is not a huge % delta in total network hashing power over all the other stuff that is shipping now from other manufacturer's, or is likely to. So am I missing something here, is there some signal in the noise of this forum that I missed?

Judging by your lackluster understanding of the facts at hand, and how the difficulty increase steps haven't really slowed down which shows generous network growth, I'd say you have indeed missed a lot. Go back and read starting around Nov 1st, and you'll actually understand the situation and why so many long-term supporters have jumped ship. It isn't just noise, what you're seeing is the clamour of folks waking up and smelling the burnt toast.

Seems like once a week someone "new" is coming in the forum who claims they've kept up with things, and doesn't understand why people are hating so much.. and then within a short period of time the light bulb comes on for them too.

ImI
Legendary
*
Offline Offline

Activity: 1694



View Profile
February 18, 2014, 03:06:05 PM
 #30089

Question: Has anyone requested a refund and got this refund in BITCOINS??

Biffa
Legendary
*
Offline Offline

Activity: 1344



View Profile
February 18, 2014, 03:08:37 PM
 #30090


Whoever this is, they increased hashing rate ~10% in the last 4 days. Now up to ~1ph or 20% of eligius pool (4% of the whole network).
The other account (http://eligius.st/~wizkid057/newstats/userstats.php/1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX) is dropping a little bit.

Thats BITMAIN

Top, bottom or both are bitmain? Someone had posted that top is KnC.

The one ending in SeX is Bitmain

bkminer
Full Member
***
Offline Offline

Activity: 216

Don't let the nam-shub in your operating system.


View Profile
February 18, 2014, 03:15:24 PM
 #30091

1.000 to sell (according to the latest news) and only 1.015 left..
wasn't aware that one can order negative amounts

Where are you getting the 1,015 number I can't find any info on the page about how many are left...

Thanks...
dropt
Legendary
*
Offline Offline

Activity: 1512



View Profile
February 18, 2014, 03:21:48 PM
 #30092

Monarch isn't late, original ship timeframe was March-April. Where do you get any of your information?

Oh, the Monarch is most definitely months late.
bizzyb
Legendary
*
Offline Offline

Activity: 1204


Don't look at my signature!


View Profile WWW
February 18, 2014, 03:23:13 PM
 #30093

1.000 to sell (according to the latest news) and only 1.015 left..
wasn't aware that one can order negative amounts

Where are you getting the 1,015 number I can't find any info on the page about how many are left...

Thanks...
add 1020 units to your cart and see...

░░░░░░░▄▄▄▄▄▄
░░░░▄██████████▄
░░░███▀░░░░░░▀███
░░███░░░░░░░░░░███
███░░░░░██░░░░░███
███░░░░░░██░░░░░░███
███░░░░░░██░░░░░░███
███░░░░░░█████░░░███
███░░░░░░░░░░░░░░███
███░░░░░░░░░░░░███
░░███░░░░░░░░░░███
░░░███▄░░░░░░▄███
░░░░▀██████████▀
░░░░░░░▀▀▀▀▀▀
   ░░░████░░░░░░░████
░░███░██░░░░░██░███
░░██░░░███░███░░░██
░░██░░░░░███░░░░░██
█████████████████████
░░███████░░░███████
░░███████░░░███████
░░███████░░░███████


░░███████░░░███████
░░███████░░░███████
░░███████░░░███████
░░███████░░░███████
   

░░░░░░
░░░░░██░░░░░░
░░░░████░░░░░▐█
░░░░█████░░░░███
░░░░░█████░░████
░░█░░░█████░████
░██░░░██████████
████░████░█████
█████████░░███
███████░░░██
░░▀████░░░█▀
░░░░░
   ░██████████████████▀██████░
█████████░░██████▀████████
█████████░░███▀▄████████
███████░░██░░▄██░░███████
██████▌░░░██▄▄██░░░▐██████
██████░░░░░█████░░░░░██████
██████░░░░░░███░░░░░░██████
█████░░░░░░░░░░░░░░█████
█████░░░██░░░░░░░██░░░█████
████░░░████▌░░░▐████░░░████
████░░░█████▌▐█████░░░████
███░░░███████████████░░░███
███░░░███████████████░░░███
░█████████████████████████░
MONETARYUNIT
.......for Me, U & Everyone.......
[/
Biodom
Legendary
*
Offline Offline

Activity: 1414


View Profile
February 18, 2014, 03:27:17 PM
 #30094

I think most here find it strange that KnC is incredibly vague about everything. Their answer is basically-trust us.
It is OK, but only to a point and it's getting a bit long in the tooth.
bkminer
Full Member
***
Offline Offline

Activity: 216

Don't let the nam-shub in your operating system.


View Profile
February 18, 2014, 03:43:02 PM
 #30095

add 1020 units to your cart and see...

thanks! I missed that one...
newguy05
Hero Member
*****
Offline Offline

Activity: 589



View Profile
February 18, 2014, 03:45:10 PM
 #30096

Hi folks, time for another reality check using very conservative numbers:

Assumptions & Numbers:
1) Delivery date:  05/31/2014
2) Hash: 3 TH
4) Power: 1500  @0.15 rate
5) Start difficulty(assuming +20% per):  3,129,573,175 * 1.2^7 = 11213826512
6) Difficulty increase thereafter: 10% (0.06 profitability decline factor)
7) BTC/USD: $620
8 ) Neptune cost: $10000

Profitability after 12 month: -1792.58 USD (LOSS)

---------------
Pro:  
1) Delivered hashrate may be higher than the stated 3 TH

Con(risk):
1) End of may delivery
2) Difficulty increase may be >10% thereafter (given the massive TH boxes coming online)
3) Time resource to setup/maintain hardware
4) Power consumption may be 1500W

Conclusion:
1) You must be batsh** crazy to preorder this hardware.

                   ▄██▀▀██▄
                   █▄█  █▄█
          ▄██████▄ █▄█▀▀█▄█
          █▄█  █▄█ █▄█  █▄█         ▄▄▄▄▄▄
          █▄█  █▄█ █▄█▀▀█▄█ ▄▄▄▄▄▄ █▀█  █▀█
          █▄████▄█▄█▄█  █▄██▀█▀▀█▀██▀█  █▀█
          █▄█  █▄███▄█▀▀█▄██▀█  █▀██▀█▀▀█▀█   █
       ▄  █▄█  █▄███▄█  █▄██▀█▀▀█▀██▀█  █▀█  ▄█▄
   ▄   █  █▄████▄███▄█▀▀█▄██▀█  █▀██▀█▄▄█▀█ ▄███▄
   █  ███ █▄█  █▄███▄█  █▄██▀█▀▀█▀██▀█  █▀█ █████
  ███ ███ █▄█  █▄███▄████▄██▀█  █▀██▀█  █▀█ ▀███▀
  ▀█▀  █▄▄█████████████████████████████████▄▄▄█
▄▄▄▀▀▀▀▀▀▀                                 ▀▀▀▀▀▀▀▄▄▄
                   ▄██▀▀██▄
                   █▄█  █▄█
          ▄██████▄ █▄█▀▀█▄█
          █▄█  █▄█ █▄█  █▄█         ▄▄▄▄▄▄
          █▄█  █▄█ █▄█▀▀█▄█ ▄▄▄▄▄▄ █▀█  █▀█
          █▄████▄█▄█▄█  █▄██▀█▀▀█▀██▀█  █▀█
          █▄█  █▄███▄█▀▀█▄██▀█  █▀██▀█▀▀█▀█   █
       ▄  █▄█  █▄███▄█  █▄██▀█▀▀█▀██▀█  █▀█  ▄█▄
   ▄   █  █▄████▄███▄█▀▀█▄██▀█  █▀██▀█▄▄█▀█ ▄███▄
   █  ███ █▄█  █▄███▄█  █▄██▀█▀▀█▀██▀█  █▀█ █████
  ███ ███ █▄█  █▄███▄████▄██▀█  █▀██▀█  █▀█ ▀███▀
  ▀█▀  █▄▄█████████████████████████████████▄▄▄█
▄▄▄▀▀▀▀▀▀▀                                 ▀▀▀▀▀▀▀▄▄▄
Syke
Legendary
*
Offline Offline

Activity: 2436


View Profile
February 18, 2014, 03:52:07 PM
 #30097

Monarch isn't late, original ship timeframe was March-April. Where do you get any of your information?

ROFLMAO. What have you been smoking?

http://www.prweb.com/releases/2013/8/prweb11035951.htm

Quote
Initial deliveries of the Monarch are slated to begin in December 2013.

Buy & Hold
dropt
Legendary
*
Offline Offline

Activity: 1512



View Profile
February 18, 2014, 03:54:45 PM
 #30098

Monarch isn't late, original ship timeframe was March-April. Where do you get any of your information?

ROFLMAO. What have you been smoking?

http://www.prweb.com/releases/2013/8/prweb11035951.htm

Quote
Initial deliveries of the Monarch are slated to begin in December 2013.


And in reality they were slated for initial delivery of Late October/Early Nov, but we can't verify that since archive.org did not take as creen capture in August when that BS date was announced.
raskul
Sr. Member
****
Offline Offline

Activity: 434



View Profile
February 18, 2014, 03:55:13 PM
 #30099

Monarch isn't late, original ship timeframe was March-April. Where do you get any of your information?

ROFLMAO. What have you been smoking?

http://www.prweb.com/releases/2013/8/prweb11035951.htm

Quote
Initial deliveries of the Monarch are slated to begin in December 2013.


ahem, let me amend that;

Initial deliveries of the Monarch are slated to begin in December 2015.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
Biodom
Legendary
*
Offline Offline

Activity: 1414


View Profile
February 18, 2014, 03:55:49 PM
 #30100

Hi folks, time for another reality check using very conservative numbers:

Conclusion:
1) You must be batsh** crazy to preorder this hardware.


That's why almost nobody is preordering it now with BTC at $620. It was another story with BTC at 1200 in Nov-Dec when everyone expected it to be 2K in four months.
Pages: « 1 ... 1455 1456 1457 1458 1459 1460 1461 1462 1463 1464 1465 1466 1467 1468 1469 1470 1471 1472 1473 1474 1475 1476 1477 1478 1479 1480 1481 1482 1483 1484 1485 1486 1487 1488 1489 1490 1491 1492 1493 1494 1495 1496 1497 1498 1499 1500 1501 1502 1503 1504 [1505] 1506 1507 1508 1509 1510 1511 1512 1513 1514 1515 1516 1517 1518 1519 1520 1521 1522 1523 1524 1525 1526 1527 1528 1529 1530 1531 1532 1533 1534 1535 1536 1537 1538 1539 1540 1541 1542 1543 1544 1545 1546 1547 1548 1549 1550 1551 1552 1553 1554 1555 ... 2138 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!