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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3045494 times)
elasticband
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March 06, 2014, 03:07:28 PM
 #30681

my hosted miners just went offline.

one has come back online at 670GH!!!!
second is only at 580 now, it is always lagging though....

edit: now it is dropping and is back under 600GH. wish i took a screenshot of it up at 670GH, i was very confused.
The other dropped as low as 480 though.

maybe they are testing OC on hosted units?

edit: something is happening

Quote
elasticband_2   0.000 GH/s   10,812k (99.78%)   23552 / 45568 / 0   0:09:16   


elasticband_3   0.000 GH/s   10,876k (99.81%)   20992 / 28160 / 0   0:09:06
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Bitconorama
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March 06, 2014, 04:32:59 PM
 #30682

but in spite of the silly speculative doom and gloom that has swept over this thread, there still might be reason for optimism among those with outstanding Neptune orders.

Silly speculative doom and gloom? I normally respect what you have to offer on these forums but I find this comment slightly insulting. The lack of information from KNC is the root cause of all the "silly speculation" and now that we're finally getting more information the doom and gloom is quite justified IMO.

I'm trying to understand why anybody would still be holding onto a Neptune pre-order instead of refunding to simply buy more BTC than their Neptune could ever hope to mine.

To be clear, I am definitely not the beloved KnC Orama.

It was never meant to be insulting to anyone (though those that have completely written off any chance of a profit might find it insulting) What has been insulting is the last 2 months of this thread where it's become so incomprehensible that anyone would be keeping a preordered Neptune as if they haven't run any figures or are simply relying on others to tell them what to do.

To give a very quick and rough example:
-Let's say the first Neptunes are delivered in May
-Difficulty is now at 10 billion (~65% increase per month between now and then)
-Neptunes run at 4.5Th -completely reasonable based upon the information we have from the tapeout announcement
-Once the miner is received, difficulty increases 1.5 billion each week (meaning a mining farm approximately the size of KnC's datorhall comes online every week)
-A Neptune will return ~12 BTC over the course of 3 months
-Now, let's just add a correcting 10 billion increase at the end of those 3 months to make difficulty ~30 billion in September and adjust to 2 billion increases each week
-That same 4.5Th machine will now return an additional ~5 BTC over the following 3 months

For me, that would be a 7 BTC profit. (power costs not included)
There's also risk assumed in a 10 day window between the initial request for a refund and the opportunity to buy BTC. Some might even find some level of altruistic value to the Bitcoin community by maintaining a miner at home as opposed to forfeiting every hash to these massive farms.
mvalley
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March 06, 2014, 04:42:53 PM
 #30683

I think the issue is the market is different than what it was in December when many placed the order. Now you can get 3TH for 17.7 BTC (bitmain) which is around $11.6k. It doesn't make sense to preorder to save $1.6k and have all the uncertainty around delivery time, hashrate, etc.


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Powell
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March 06, 2014, 05:13:36 PM
 #30684

Since the OC thread is dead.  If you had extra November Jupiter modules could you add a 5x2 port to your other November Jupiter and add 1 module per?  Not the upgrade modules for October units but actual November units on another November unit.
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March 06, 2014, 05:43:17 PM
 #30685

Also did KNC ever release their PCB layouts for their controller boards and ASIC modules?  Can't remember if they were open source and had them like the Avalon, etc.
RoadStress
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March 06, 2014, 06:00:30 PM
 #30686

Also did KNC ever release their PCB layouts for their controller boards and ASIC modules?  Can't remember if they were open source and had them like the Avalon, etc.

No and i don't think they will, even if it could help a bunch of their customers.

smoothrunnings
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March 06, 2014, 07:00:24 PM
Last edit: March 06, 2014, 07:16:16 PM by smoothrunnings
 #30687

Looks like KNC is on track.

https://www.kncminer.com/news/news-78

KnC Announce ‘Tape out’ of the World’s first 20nm ASIC for Bitcoin Mining
 
STOCKHOLM, SWEDEN — March 5, 2014 –– KnC, the most trusted brand in Bitcoin Mining is announcing they
have completed ‘tape out’ of their new ASIC. This is the world’s first Bitcoin Mining Application Specific
Integrated Circuit (ASIC) designed using ground breaking 20 nanometer engineering. This important
milestone was achieved only 3 months after starting the project, during February 2014.
 
KnC partnered with Alchip and its representative, Advanced Semiconductors Technology (AST), to deliver
this advanced 20nm technology ASIC. This tapeout is the 2nd generation of the bitcoin mining ASIC following
the success of the 1st, which was delivered in a record time of 3.5 months.
 
This new KnC20nm chip will reduce power consumption of Bitcoin Mining by 43% when compared with the
previous generation. In addition, innovations in the design of the communications circuitry allow for 1440
cores, in a 55x55mm package.
 
Marcus Erlandson, KnC CTO, is immensely proud of the teams performance, “The combined efforts of KnC
and our partners Alchip means that once again we are bringing to market a world first silicon design and in
record time.”
 
Johnny Shen, President of Alchip. “KnC and Alchip have been working together on Bitcoin ASIC design for
less than 12 months and in that time we’ve already delivered 2 world-first projects. Collaboration is the key
here and the close working relationship between our teams is the secret to our success”
 
Bitcon is maturing and the technology that underpins the Bitcoin network is largely powered by KnC
hardware with devices sold in over 100 countries worldwide. To learn more about KnC, visit
www.kncminer.com

Update:

I would like to add that Alchip doesn't have an official press release posted on their site about the 20nm chip, their last release was from the Jupiter. But looking through the Jupiter info it doesn't say how cores it is, nor does KNC say how many TH/s on the Neptune so we can speculate what its really meant by a 43% reduction in power.


RoadStress
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March 06, 2014, 07:59:41 PM
 #30688

...
-Once the miner is received, difficulty increases 1.5 billion each week (meaning a mining farm approximately the size of KnC's datorhall comes online every week)
...

O'rly?!?

smoothrunnings
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March 06, 2014, 08:40:18 PM
 #30689

...
-Once the miner is received, difficulty increases 1.5 billion each week (meaning a mining farm approximately the size of KnC's datorhall comes online every week)
...

O'rly?!?

Well if everyone didn't drop their purchases KNC wouldn't have so many Neptune's left that they had to go and build a co-lo to house them in and make some bitcoins off them. Wink
The Avenger
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March 06, 2014, 11:54:21 PM
 #30690


 Grin

"I am not The Avenger"
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Powell
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March 07, 2014, 01:24:37 AM
 #30691

November Jupiter ASIC...  Tried on multiple control boards.  White light flashes quick then it seems like every 10 seconds for 3 or 4 times the white, red and green flash at the same time.  I've gone over the board with a fine tooth but I can't see anything wrong.

Also should mention board worked perfect before it was also a front of the Jupiter ASIC.  Power supplies ranged from 1200-1500 that I've tested the board on my other Jupiters with.

Any ideas?
The Avenger
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March 07, 2014, 01:26:59 AM
Last edit: March 07, 2014, 01:41:16 AM by The Avenger
 #30692

November Jupiter ASIC...  Tried on multiple control boards.  White light flashes quick then it seems like every 10 seconds for 3 or 4 times the white, red and green flash at the same time.  I've gone over the board with a fine tooth but I can't see anything wrong.

Also should mention board worked perfect before it was also a front of the Jupiter ASIC.  Power supplies ranged from 1200-1500 that I've tested the board on my other Jupiters with.

Any ideas?
Try http://forum.kncminer.com/forum. This thread unofficially closed about a month ago.

 Shocked Shocked Shocked

P.S. Satoshi just posted to say he is not Dorian > http://p2pfoundation.ning.com/profile/SatoshiNakamoto

 Shocked Shocked Shocked

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helmax
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March 07, 2014, 01:28:36 AM
 #30693

this new Tape out is marketing strategy for sell neptunes batch 2

i never heard  Tape out about Jupiter

knc you over our respect
and also ORAMA

looking job
Powell
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March 07, 2014, 01:57:14 AM
 #30694

this new Tape out is marketing strategy for sell neptunes batch 2

i never heard  Tape out about Jupiter

knc you over our respect
and also ORAMA

Well yeah they need a few more rows for Plan B Wink

And I know this isn't a support thread anymore but people are more active on here than there.
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March 07, 2014, 03:11:06 AM
 #30695

November Jupiter ASIC...  Tried on multiple control boards.  White light flashes quick then it seems like every 10 seconds for 3 or 4 times the white, red and green flash at the same time.  I've gone over the board with a fine tooth but I can't see anything wrong.

Also should mention board worked perfect before it was also a front of the Jupiter ASIC.  Power supplies ranged from 1200-1500 that I've tested the board on my other Jupiters with.

Any ideas?

Not trying to plug a November board into an October controller maybe?

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RenHoek
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March 07, 2014, 03:25:59 AM
 #30696

 Grin

Esst mehr Scheisse, millionen Fliegen können nicht irren!  Cool
For this valueable Tip your ฿ Donation to:
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Powell
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March 07, 2014, 03:29:25 AM
 #30697

November Jupiter ASIC...  Tried on multiple control boards.  White light flashes quick then it seems like every 10 seconds for 3 or 4 times the white, red and green flash at the same time.  I've gone over the board with a fine tooth but I can't see anything wrong.

Also should mention board worked perfect before it was also a front of the Jupiter ASIC.  Power supplies ranged from 1200-1500 that I've tested the board on my other Jupiters with.

Any ideas?

Not trying to plug a November board into an October controller maybe?

Actually I am running 3 of my November ASIC on an October controller board.  The cyclone is the same fpga on both.  Beaglebone just needs the right firmware lol.

I was testing them on my other 3 Novembers. 

So I'm building my own plan b in my shop accept it will be all antminer U2 units.  Like a bauce lol!
joeventura
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March 07, 2014, 03:36:23 AM
 #30698

I do like you Joe, very nice and helpful guy! I do remember some FUD spreading like posts from you also.




Guilty as charged, at least I own it. Smiley  I was mad, I admit it. And maybe not FUD, the reason was to vent and that alone
elasticband
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March 07, 2014, 07:32:11 AM
 #30699

I do like you Joe, very nice and helpful guy! I do remember some FUD spreading like posts from you also.




Guilty as charged, at least I own it. Smiley  I was mad, I admit it. And maybe not FUD, the reason was to vent and that alone

Always a good guy! Don't worry I recognised your as more of a frustration and not a constant spamming of speculative information with the intent of spread g fear uncertainty and doubt.
The Avenger
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March 07, 2014, 01:36:18 PM
 #30700

STOCKHOLM, SWEDEN — March 5, 2014 –– KnC, the most trusted brand in Bitcoin Mining is announcing they have completed ‘tape out’ of their new ASIC.

Meanwhile in the KNC thread on bitcointalk, remaining Neptune customers discuss this news




"I am not The Avenger"
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