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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3045500 times)
DPoS
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March 19, 2014, 06:49:12 PM
 #30961


Therefore you should do what?

Not send any money to KNC..   cash in hand for their bullshit?  
you are playing their rigged game on how much they will put new hardware to their own mining before they send any miners to customers

I'll see what the next move is on other companies that deliver from stock or just buy more litecoins
I have a few gridseeds now and they are great but of course will hold off buying more till this news filters out and gets reactions from competitors



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kendog77
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March 19, 2014, 06:50:55 PM
 #30962

Hey KNC, go fuck yourselves with your pre-order (pre-mined) bullshit

Before when we all bought Jupiters, KNC didn't have a mining center to fire up new hardware and mine the hell out of new boards (hosting took months to iron out)
but now if you pre-order a neptune or titan you are just feeding their mining monster and you'll get maybe batch 5 of their hardware as the customers 'first batch'

Antminers and Gridseeds was a nice refreshing change to mining but big bad KNC has to crash the party and bully people with super miner specs to take your money hostage in fear


You COULD of sold us extra modules in Feb and kept a loyal fan base, but NOOOOOO you showed your new stripes so again... go fuck yourselves





+1000

This is just another blatant money grab by KNC to build their massive mining farm. Knc still hasn't delivered a single Neptune, so I seriously doubt we'll see a Titan anytime soon.

Don't fall for it, people!!!
joeventura
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March 19, 2014, 06:52:16 PM
 #30963

Saying the Titan is a diversionary tactic is straight BULLSHIT, when WE voted for them to make the litecoin rig several months ago.
But is does help explain where/why everyone has been very busy
Boden, Neptune, Titan...

Agree, its just the next thing in the business plan, had they not come up with one I would have been disappointed.


When gold mining started, you could find plenty with a pick, shovel and a pan,
Today you need to dig a mine and need a gazillion dollars worth of equipment,

then someone kicked a stone and said, hey whats that shiny, green, red, blue rock?

Then they started on precious stones.....


Litecoins, Dogecoins, and a few others will get more valuable and then 100Mh of scrypt mining will be something!
sickpig
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March 19, 2014, 06:53:36 PM
 #30964


Expand your horizons outside of Bitcoin and you will see there is a lot of money to be made now, by the time KNC delivers their solution Litecoin will likely be $25-$30 (IMHO)




I've briefly check and you can get 15Mh/s of scrypt mining power for ~$10K. it will give you 2.6 ltc/day (0.07583304 btc/day at current exchange).



Your math is a little off, 15Mh/s will get you 0.09 btc a day, that is not me estimating by the way.

could be.

this is the first litecoin profit calculator google decided to serve me:

http://www.coinwarz.com/calculators/litecoin-mining-calculator/?h=15000.00&p=500.00&pc=0.00&pf=0.00&d=5735.89666335&r=50.00000000&er=0.02883000&btcer=611.52000000&hc=10000

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Phoenix1969
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March 19, 2014, 06:54:23 PM
 #30965

Hey KNC, go fuck yourselves with your pre-order (pre-mined) bullshit

Before when we all bought Jupiters, KNC didn't have a mining center to fire up new hardware and mine the hell out of new boards (hosting took months to iron out)
but now if you pre-order a neptune or titan you are just feeding their mining monster and you'll get maybe batch 5 of their hardware as the customers 'first batch'

Antminers and Gridseeds was a nice refreshing change to mining but big bad KNC has to crash the party and bully people with super miner specs to take your money hostage in fear


You COULD of sold us extra modules in Feb and kept a loyal fan base, but NOOOOOO you showed your new stripes so again... go fuck yourselves





+1000

This is just another blatant money grab by KNC to build their massive mining farm. Knc still hasn't delivered a single Neptune, so I seriously doubt we'll see a Titan anytime soon.

Don't fall for it, people!!!

They are doing EXACTLY what we ASKED AND VOTED for.
Hahaha, and then why did we even vote for them to create Titan?

There was an overwhelming response to that vote, and now that they deliver exactly what we asked for, they get chastized for it.
Typical for this forum I must say.


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Meizirkki
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March 19, 2014, 07:06:09 PM
 #30966

They are doing EXACTLY what we ASKED AND VOTED for.
Sure. As long as they see a hefty profit for them in our will. Let's vote for them to quit taking pre-orders? Not gonna happen. Cheesy
joeventura
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March 19, 2014, 07:08:12 PM
 #30967


Expand your horizons outside of Bitcoin and you will see there is a lot of money to be made now, by the time KNC delivers their solution Litecoin will likely be $25-$30 (IMHO)




I've briefly check and you can get 15Mh/s of scrypt mining power for ~$10K. it will give you 2.6 ltc/day (0.07583304 btc/day at current exchange).



Your math is a little off, 15Mh/s will get you 0.09 btc a day, that is not me estimating by the way.

could be.

this is the first litecoin profit calculator google decided to serve me:

http://www.coinwarz.com/calculators/litecoin-mining-calculator/?h=15000.00&p=500.00&pc=0.00&pf=0.00&d=5735.89666335&r=50.00000000&er=0.02883000&btcer=611.52000000&hc=10000

I understand, two data points you are missing:

1. Not just Litecoin - coins change profitability very fast, most coins (like DOGE) are 4400% more profitable than Bitcoin,
Multipools like scryptguild and clevermining are paying 0.00867-0.009 per Mh per day

2. I have 15Mh mining right now and I am making 0.09 btc a day with scryptguild.com



DPoS
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March 19, 2014, 07:14:34 PM
 #30968

They are doing EXACTLY what we ASKED AND VOTED for.
Hahaha, and then why did we even vote for them to create Titan?

There was an overwhelming response to that vote, and now that they deliver exactly what we asked for, they get chastized for it.
Typical for this forum I must say.

you are good at missing the point and shouting your own.. haven't changed

you forgot the part of their mining datacenter that NO ONE voted for and they will feed that before shipping anything out.
Proof is what happened with the extra modules so suck up to them if you want


~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
Phoenix1969
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March 19, 2014, 07:16:03 PM
 #30969


Expand your horizons outside of Bitcoin and you will see there is a lot of money to be made now, by the time KNC delivers their solution Litecoin will likely be $25-$30 (IMHO)




I've briefly check and you can get 15Mh/s of scrypt mining power for ~$10K. it will give you 2.6 ltc/day (0.07583304 btc/day at current exchange).



Your math is a little off, 15Mh/s will get you 0.09 btc a day, that is not me estimating by the way.

could be.

this is the first litecoin profit calculator google decided to serve me:

http://www.coinwarz.com/calculators/litecoin-mining-calculator/?h=15000.00&p=500.00&pc=0.00&pf=0.00&d=5735.89666335&r=50.00000000&er=0.02883000&btcer=611.52000000&hc=10000

I understand, two data points you are missing:

1. Not just Litecoin - coins change profitability very fast, most coins (like DOGE) are 4400% more profitable than Bitcoin,
Multipools like scryptguild and clevermining are paying 0.00867-0.009 per Mh per day

2. I have 15Mh mining right now and I am making 0.09 btc a day with scryptguild.com




So Titan, today would be around .6btc/day...  wow


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Phoenix1969
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March 19, 2014, 07:19:17 PM
 #30970

They are doing EXACTLY what we ASKED AND VOTED for.
Hahaha, and then why did we even vote for them to create Titan?

There was an overwhelming response to that vote, and now that they deliver exactly what we asked for, they get chastized for it.
Typical for this forum I must say.

you are good at missing the point and shouting your own.. haven't changed

you forgot the part of their mining datacenter that NO ONE voted for and they will feed that before shipping anything out.
Proof is what happened with the extra modules so suck up to them if you want


They don't need our vote to do that, and that is proof of what exactly? a diversion?
They NEVER PROMISED BOARDS ....  it was "MAYBE, IF, and POSSIBLY", and all in the same paragraph.
Sucking up?... whatever... ...  we DID vote Titan in, so turn it into whatever FUD you want, it's the truth.


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joeventura
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March 19, 2014, 07:24:19 PM
 #30971


Expand your horizons outside of Bitcoin and you will see there is a lot of money to be made now, by the time KNC delivers their solution Litecoin will likely be $25-$30 (IMHO)




I've briefly check and you can get 15Mh/s of scrypt mining power for ~$10K. it will give you 2.6 ltc/day (0.07583304 btc/day at current exchange).



Your math is a little off, 15Mh/s will get you 0.09 btc a day, that is not me estimating by the way.

could be.

this is the first litecoin profit calculator google decided to serve me:

http://www.coinwarz.com/calculators/litecoin-mining-calculator/?h=15000.00&p=500.00&pc=0.00&pf=0.00&d=5735.89666335&r=50.00000000&er=0.02883000&btcer=611.52000000&hc=10000

I understand, two data points you are missing:

1. Not just Litecoin - coins change profitability very fast, most coins (like DOGE) are 4400% more profitable than Bitcoin,
Multipools like scryptguild and clevermining are paying 0.00867-0.009 per Mh per day

2. I have 15Mh mining right now and I am making 0.09 btc a day with scryptguild.com




So Titan, today would be around .6btc/day...  wow

Now you got it!!!

I am making more with the the 15Mh I am mining scrypt with now than the 750Gh I was mining BTC with last week.
and my power consumption is 1/4 to 1/3rd what it was and the heat produced is near zero.

If I wanted I could run my miners in my 90 degree attic all summer and they would never overheat.



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March 19, 2014, 07:26:19 PM
 #30972


Expand your horizons outside of Bitcoin and you will see there is a lot of money to be made now, by the time KNC delivers their solution Litecoin will likely be $25-$30 (IMHO)




I've briefly check and you can get 15Mh/s of scrypt mining power for ~$10K. it will give you 2.6 ltc/day (0.07583304 btc/day at current exchange).



Your math is a little off, 15Mh/s will get you 0.09 btc a day, that is not me estimating by the way.

could be.

this is the first litecoin profit calculator google decided to serve me:

http://www.coinwarz.com/calculators/litecoin-mining-calculator/?h=15000.00&p=500.00&pc=0.00&pf=0.00&d=5735.89666335&r=50.00000000&er=0.02883000&btcer=611.52000000&hc=10000

I understand, two data points you are missing:

1. Not just Litecoin - coins change profitability very fast, most coins (like DOGE) are 4400% more profitable than Bitcoin,
Multipools like scryptguild and clevermining are paying 0.00867-0.009 per Mh per day

2. I have 15Mh mining right now and I am making 0.09 btc a day with scryptguild.com




So Titan, today would be around .6btc/day...  wow

Now you got it!!!

I am making more with the the 15Mh I am mining scrypt with now than the 750Gh I was mining BTC with last week.
and my power consumption is 1/4 to 1/3rd what it was and the heat produced is near zero.

If I wanted I could run my miners in my 90 degree attic all summer and they would never overheat.




Those are actually the best ROI numbers I've heard of yet.


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Phoenix1969
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March 19, 2014, 07:28:17 PM
 #30973

are you saying you got a jupiter to scryptmine?


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joeventura
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March 19, 2014, 07:30:24 PM
 #30974



Now you got it!!!

I am making more with the the 15Mh I am mining scrypt with now than the 750Gh I was mining BTC with last week.
and my power consumption is 1/4 to 1/3rd what it was and the heat produced is near zero.

If I wanted I could run my miners in my 90 degree attic all summer and they would never overheat.


Those are actually the best ROI numbers I've heard of yet.

keep watching, it gets better:

http://www.coindesk.com/litecoin-tops-20-traders-await-addition-chinas-huobi-exchange/

These are the things that move the needle.

joeventura
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March 19, 2014, 07:32:30 PM
 #30975

are you saying you got a jupiter to scryptmine?

No! I am saying with 15mh of Gridseed scypt miners I am doing this.

I sold my Jupiter for what I bought it for a few weeks ago.

Timing my friend, is everything.
sickpig
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March 19, 2014, 07:33:11 PM
 #30976


I understand, two data points you are missing:

1. Not just Litecoin - coins change profitability very fast, most coins (like DOGE) are 4400% more profitable than Bitcoin,
Multipools like scryptguild and clevermining are paying 0.00867-0.009 per Mh per day

2. I have 15Mh mining right now and I am making 0.09 btc a day with scryptguild.com

got it now.

the aformentioned exchanges is transparently choosing the more profitable scrypt coin to mine. this is clever.

anyway I still think that buying crypto is more profitable than mining.

with $10K I could buy BTC16.5, you need to mine for more thatn 180 days to get all those coins (at .09 BTC/day).

the only cons I see in the "buying now" approach is that:

-  you've to have a decent enviroment (security wise) to protect your stash

-  having all of your cryptos at your disposal means that you need a serious "investiment" strategy and a lot of strength to adhere to such a plan Tongue



Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
sickpig
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March 19, 2014, 07:33:55 PM
 #30977

are you saying you got a jupiter to scryptmine?

No! I am saying with 15mh of Gridseed scypt miners I am doing this.

I sold my Jupiter for what I bought it for a few weeks ago.

Timing my friend, is everything.

clever.

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
Phoenix1969
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March 19, 2014, 07:39:03 PM
 #30978

are you saying you got a jupiter to scryptmine?

No! I am saying with 15mh of Gridseed scypt miners I am doing this.

I sold my Jupiter for what I bought it for a few weeks ago.

Timing my friend, is everything.

clever.
Yep Yep, nice
...aaaah, how well we know about the "timing" thing... haha...kudos


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joeventura
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March 19, 2014, 07:47:27 PM
 #30979


I understand, two data points you are missing:

1. Not just Litecoin - coins change profitability very fast, most coins (like DOGE) are 4400% more profitable than Bitcoin,
Multipools like scryptguild and clevermining are paying 0.00867-0.009 per Mh per day

2. I have 15Mh mining right now and I am making 0.09 btc a day with scryptguild.com

got it now.

the aformentioned exchanges is transparently choosing the more profitable scrypt coin to mine. this is clever.

anyway I still think that buying crypto is more profitable than mining.

with $10K I could buy BTC16.5, you need to mine for more thatn 180 days to get all those coins (at .09 BTC/day).

the only cons I see in the "buying now" approach is that:

-  you've to have a decent enviroment (security wise) to protect your stash

-  having all of your cryptos at your disposal means that you need a serious "investiment" strategy and a lot of strength to adhere to such a plan Tongue




yes I am with you, there is money to be made many places, just the arbitrage between the same coin on one exchange to the next can net you 10% a day.

Early on I bought a lot (ahem) of Dogecoin for 0.0000008 per and it did not take long for them to be worth much much more!

re: security, paper wallets are the only way to go.

When I get X coins (different for each coin) they go to a paper wallet.
Period.
You have to be vigilant.

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March 19, 2014, 07:58:35 PM
 #30980

news letter from KNC

Quote
We are now in the foundry stage and as soon as the chips arrive we will let you all know. More info about the tape out is available here.


Thanks
KnCMiner Team


What does Foundry stage mean? I wish they would update on power specs, I have a lot of Neptunes coming my way and really want to begin ordering in PSUs

It means its another 4 months before you get your extremely inefficient piece of junk.
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