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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3012964 times)
RoadStress
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March 06, 2014, 01:26:32 PM
 #30681

From tape out to mass production can be done within seven weeks if all goes well.  So that means it is possible for the first units to start shipping in April.  As they taped out in February come on your flogging a dead horse horse now spamming FUD.  For all you know they tapped out on February 1st  Roll Eyes
So why did they announce a datacentre "Plan B" on 5th February if they had already taped out?

They knew they were so close to taping out and built a datacentre as a backup plan.

They had until June to deliver and announced a datacentre backup plan in more or less January - 5 months before they would need it.

What's that about?

Oh, you really believe they're only building the datacenter for plan B  Roll Eyes  really you're flogging a dead horse now.  Who pay's you to write this crap or do you just get satisfaction spreading FUD and trolling.

I've come to the conclusion that KnC pays Avanger. Since so few are saying bad things they said it's ok to pay Avanger to balance the karma Cheesy

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Biffa
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March 06, 2014, 01:27:54 PM
 #30682


'tape out' completed  Shocked Shocked Shocked Shocked
this was totally unexpected, now I'm excited  Cheesy

Joeventura and his insider information has been wrong with his predictions that there wasn't going to be a physical miner, and I was actually starting to beleive him.

So how long does it take to slice and package wafers?  Anyone?

ok ok you can come back Orama...  this is good news and we can all be friends again  Tongue Kiss

I dont know where you read that I predicted there would never be a physical miner, my prediction was that they would make everyone KNCCloud customers because the neptunes would not arrive in time and they would ultimately be delivered to KNCcloud instead of the customers.

And anyone who owns a calendar can see that the prediction I made is actually very likely.

But you don't have to switch to cloud if your Neptune is late. KnC already said that: "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."

Compensated, so if I was a neptune owner I'd keep my order, and take the compensation until the order is ready to ship.

There is an "in addition" to the compensation package, which is to switch totally to a cloud product if you so wish, but you don't have to take it up, you can just cloud mine until your hardware arrives.

Another take on the TapeOut info released is that like in the past, they taped out some weeks ago and wanted to be sure that it went well and passed all tests before announcing it, saving them the problem of announcing the tapeout and then finding problems that required a respin.

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March 06, 2014, 01:31:35 PM
 #30683

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



What should infuriate you all is that while we were begging for a few upgrade modules around Nov/Dec of 2013 this plan was already underway and they were rolling off 28nm off their assembly line as fast as can be AND they were taking your money for Neptunes with one hand and reducing your chance of ROI on those same Neptunes with the other hand.

At this moment you are being robbed just a little more every hour.

We are talking adding a full Petahash and there will be another 2 or 3 right behind it.

Your Neptunes are ALREADY paperweights.

Sam went to the Josh school of customer f*cking and he got a PhD!

It doesn't matter, but I am a customer of KNC and I come here for INFORMATION about the company and all I have seen of late is (not just you so don't take it personal) a bunch of people whining and speculating and postulating about stuff that is old news, about the train that has left the station. And frankly like I have said earlier, This company will never see another dime of mine, but they have never seen a dime from you and the arm chair/no skin in the game comments from many here is just getting old.

Again not a personal attack but pages and pages and pages of bullsh*t is just so tedious.

Here is the reality:

People who have ordered Neptunes, you are all now KNCCLOUD.COM customers. Period. End of story.
You can stop postulating about delivery dates. There is going to be no delivery so you can stop talking about it.

Regarding refunds:
If 1 year of 3TH hashing power delivered to you on (HAHAHA) June 1st (101 days from now, or about 10 difficulty increases) is going to make you back your purchase price then by all means don't get a refund (and remind me to tell you about a bridge I have to sell)

The facts of life:

Bitcoinorama is gone, he isn't coming back because his employers LIED to him (the lie of omission) and he won't come here and face the wrath, I wouldn't ether.

If you ask KNC if they have any intention to deliver the Neptune rather than start a cloud mining company called KNCCLOUD.COM (domain already registered) they are going to LIE to you or the customer service people will just give you some crappy polite response.

In the last week of May all customers will likely get an email saying "Sorry we didn't make it in time, PLan B is what we are going with"

then in July the Neptune will populate the biggest Cloud hashing company on the planet. KNCCLOUD.com

Such short memories you all have. I told you Plan B was coming a full week before it happened as I recall.

You can buy 3TH of Antminers today for that $12k and make up the extra cost of electricity plus a huge profit and start hashing in a week or two.

This of course is all just MY Opinion. I could be wrong. (but don't count on it)

 
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March 06, 2014, 01:57:45 PM
 #30684

I've come to the conclusion that KnC pays Avanger. Since so few are saying bad things they said it's ok to pay Avanger to balance the karma Cheesy
Busted! All the BTC mined at the new datacentre is going directly to me so long as I keep the knc thread lively Grin

As we speak I'm being massaged by 6 naked swedish supermodels, while sipping on a glass of vintage Don P and dictating this message to the lacky who does my typing for me these day. Bitcoinorma is in the next room polishing my shoes. I might let him have his iphone back if he polishes them so well I can see individual beams of light refract off them from every possible angle, like a diamond. He's spent about 30 days polishing so far, I reckon he might be finished before neptune ships...

"I am not The Avenger"
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WastedLTC
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March 06, 2014, 02:08:54 PM
 #30685

I got my BTC refund today for 3 Neptunes (43.569). exchange rate used was at $700 by the time I got it, rate was down to $660.  Took 8 days to complete the transaction and BTC went on some wild swings,  had no idea where it would be and they gave me no information on the exchange rate other than they will use BitStamp price at the time of transaction.  Considering that I spent under that amount to purchase 4 Neptunes, made out pretty well.    When it arrives every mBit it makes will be profit...  good to hear they taped out...  Wasn't really looking forward to re-wiring my house to install 4.

good times.

Well played.

so they are using the current exchange rate of BTC. Then converting to Fiat? Many people have said they will get the Fiat return of 10K.

What they told me was that customers do not have a choice between fiat and BTC,  KNC will choose.   I believe if you have a single Neptune return then KNC chooses to do fiat...  it may also have to do with where you are located, not sure.   I asked for fiat but they told me that I could not chose and BTC was my only option.
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March 06, 2014, 02:12:40 PM
 #30686

I've come to the conclusion that KnC pays Avanger. Since so few are saying bad things they said it's ok to pay Avanger to balance the karma Cheesy
Busted! All the BTC mined at the new datacentre is going directly to me so long as I keep the knc thread lively Grin

As we speak I'm being massaged by 6 naked swedish supermodels, while sipping on a glass of vintage Don P and dictating this message to the lacky who does my typing for me these day. Bitcoinorma is in the next room polishing my shoes. I might let him have his iphone back if he polishes them so well I can see individual beams of light refract off them from every possible angle, like a diamond. He's spent about 30 days polishing so far, I reckon he might be finished before neptune ships...

Cheesy Fairplay to you their Avenger, that actually had me laughing! People can say what they like about you, but no one will ever say you are unimaginative.

Great work here!


vesperwillow
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March 06, 2014, 02:13:53 PM
 #30687

So a month ago they were still in preliminary asic design working out efficiency issues. (Bitcoinorama)

But now they've already taped out.

Roll Eyes

The Avenger
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March 06, 2014, 02:15:48 PM
 #30688

i would speculate the pictures we have seen of 28nm boards hashing in the datacenter are actually the hosted boards, which KnC host for people like me and their 5% portion of what 28nm tech they have sold Wink

I guess the downtime i had for several hours a month back was them moving the boards
FUD. Well, you are revealing how little you really know.

KNC moved into their helicopter hangar within a few days of the Plan B announcement - i.e. first few days of February.

So unless there was a massive downtime in hosted units the last 4 weeks (not several months), then you are spreading lies to suggest the datacentre is for hosted boards.

You are spending a lot of time trying to call people out as FUD spreaders - you are not going to get any of my swedish massage models, so give it up  Grin

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Chucky1976
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March 06, 2014, 02:18:10 PM
 #30689

I agree! I'll sit back and wait til there is a product before you take my money.
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March 06, 2014, 03:04:38 PM
 #30690

i would speculate the pictures we have seen of 28nm boards hashing in the datacenter are actually the hosted boards, which KnC host for people like me and their 5% portion of what 28nm tech they have sold Wink

I guess the downtime i had for several hours a month back was them moving the boards
FUD. Well, you are revealing how little you really know.

KNC moved into their helicopter hangar within a few days of the Plan B announcement - i.e. first few days of February.

So unless there was a massive downtime in hosted units the last 4 weeks (not several months), then you are spreading lies to suggest the datacentre is for hosted boards.

You are spending a lot of time trying to call people out as FUD spreaders - you are not going to get any of my swedish massage models, so give it up  Grin

bellow is a quote i made maybe a week or so( if memory serves me correct) after the hosted miners were offline. I am trying to find any posts i made about the miners actually being down for a few hours so i can reference the dates.

I siad several hours A MONTH ago ie start of February.

my hosted miners just increased in speed



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March 06, 2014, 03:07:28 PM
 #30691

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
Bitconorama
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March 06, 2014, 04:32:59 PM
 #30692

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.
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March 06, 2014, 04:42:53 PM
 #30693

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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March 06, 2014, 05:13:36 PM
 #30694

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
 #30695

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.
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March 06, 2014, 06:00:30 PM
 #30696

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.

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smoothrunnings
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March 06, 2014, 07:00:24 PM
 #30697

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.


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March 06, 2014, 07:59:41 PM
 #30698

...
-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?!?

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
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March 06, 2014, 08:40:18 PM
 #30699

...
-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
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March 06, 2014, 11:54:21 PM
 #30700


 Grin

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