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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3039464 times)
The Avenger
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March 20, 2014, 12:32:55 PM
 #31021


COMING SOON* TO A CINEMA NEAR YOU!

*In Q2/Q3/Q4. All cinema tickets must be pre-ordered 6 months in advance

"I am not The Avenger"
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March 20, 2014, 12:34:53 PM
 #31022

But how does this effect performance?
With ASICS we are still in the age of performance over power savings.

This is with zero impact to performance. Hashing at 760-770GHz, clocks all at 1000MHz, errors at same level as before tune, just less heat and less power.

Actually for me it's "improved" my hashing performance as I had one PSU kicking off on hot days and now the PSU also runs cooler.

For tips only - 12QT6zPJM5kQ5piZfn7tyFfcJrbgvSnMLn
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March 20, 2014, 12:59:22 PM
 #31023



*In Q2/Q3/Q4. All cinema tickets must be pre-ordered 6 months in advance

Classic!

Here's my theory on these guys - they used neptune pre-order money to pay for DC. Cat got out of the bag that they weren't close to getting said tunes out the door. Refund madness occurred. They needed more cash to pay for DC, so neptunes went on sale again. Nobody bought them because we're just not that stupid and learned how to do math. Bummer, what to do? The offer scrypt miners for 10G and no refunds. That way they've got the money and don't have to give it back when new people learn how to do math. Bonus smartness comes in when they will convert neptune orders that had the possibility of a refund over to the new "terms and conditions" of no refund scrypt miner. The last bit stinks of Hashfast.

Seriously, who is running the business over there? Do these companies all get together in some bar or strip club and compares notes?
merv77
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March 20, 2014, 03:29:20 PM
 #31024

KnCMiner Sells $2 Million Worth of Dogecoin and Litecoin Mining Rigs in Just Four Hours

http://www.ibtimes.co.uk/kncminer-sells-2-million-worth-dogecoin-litecoin-mining-rigs-just-four-hours-1441047

WTF Huh
nikolaz
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March 20, 2014, 03:44:22 PM
 #31025

KnCMiner Sells $2 Million Worth of Dogecoin and Litecoin Mining Rigs in Just Four Hours

http://www.ibtimes.co.uk/kncminer-sells-2-million-worth-dogecoin-litecoin-mining-rigs-just-four-hours-1441047

WTF Huh


Well, what will happen if the devs decide to move from scrypt to scrypt-n? Also release date is so long away, it is better to invest your money on Dogecoin, start trading and become the woof of dogestreet. There are no correlations between introduction of ASIC into Sha-256 and Scrypt. More popular coin devs will listen to their community and move to ASIC resistant algorithms.
lucazane
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March 20, 2014, 03:45:11 PM
 #31026

KnCMiner Sells $2 Million Worth of Dogecoin and Litecoin Mining Rigs in Just Four Hours

http://www.ibtimes.co.uk/kncminer-sells-2-million-worth-dogecoin-litecoin-mining-rigs-just-four-hours-1441047

WTF Huh

they just sold 200 miners ....

The Blocks Factory Mining POOL : DGB(sha256d, Skein, Qubit, Groestl & Scrypt), FTC
mvalley
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March 20, 2014, 04:57:11 PM
 #31027

I bet that peeps didn't read the T&Cs and think they can refund somehow. Oh the humanity!


KnCMiner Sells $2 Million Worth of Dogecoin and Litecoin Mining Rigs in Just Four Hours

http://www.ibtimes.co.uk/kncminer-sells-2-million-worth-dogecoin-litecoin-mining-rigs-just-four-hours-1441047

WTF Huh


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kendog77
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March 20, 2014, 05:33:42 PM
 #31028

KnCMiner Sells $2 Million Worth of Dogecoin and Litecoin Mining Rigs in Just Four Hours

http://www.ibtimes.co.uk/kncminer-sells-2-million-worth-dogecoin-litecoin-mining-rigs-just-four-hours-1441047

WTF Huh

they just sold 200 miners ....

People are stupid and just gave Knc a interest free, 6 month, $2 million dollar loan that Knc will use to stock their data center with Jupiters.

Please don't pre-order from companies that are directly competing with their own customers!
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March 20, 2014, 05:41:01 PM
Last edit: March 20, 2014, 05:55:38 PM by Phoenix1969
 #31029

KnCMiner Sells $2 Million Worth of Dogecoin and Litecoin Mining Rigs in Just Four Hours

http://www.ibtimes.co.uk/kncminer-sells-2-million-worth-dogecoin-litecoin-mining-rigs-just-four-hours-1441047

WTF Huh

they just sold 200 miners ....

People are stupid and just gave Knc a interest free, 6 month, $2 million dollar loan that Knc will use to stock their data center with Jupiters.

Please don't pre-order from companies that are directly competing with their own customers!
You really think they NEED it when they are pumpin mega -btc  Petahashes @ the DataCenter?
I don't.


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kendog77
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March 20, 2014, 05:47:55 PM
 #31030

KnCMiner Sells $2 Million Worth of Dogecoin and Litecoin Mining Rigs in Just Four Hours

http://www.ibtimes.co.uk/kncminer-sells-2-million-worth-dogecoin-litecoin-mining-rigs-just-four-hours-1441047

WTF Huh

they just sold 200 miners ....

People are stupid and just gave Knc a interest free, 6 month, $2 million dollar loan that Knc will use to stock their data center with Jupiters.

Please don't pre-order from companies that are directly competing with their own customers!
You really think they NEED it when they are pumpin Petahashes @ the DataCenter?
I don't.

Knc doesn't "need" to do anything, but they have made it pretty clear that they "want" to build the biggest mining farm in the world.

I still think it's very foolish to pre-order a Titan for 10k given the fuzzy six month delivery window and no refund policy. I strongly suspect that you'll be able to get more scrypt hashing power from a Chinese manufacturer for the same cost before Knc ever delivers a single Titan, so why take the risk?

The price / GH of in stock ASIC hardware is already about at the same level as a Neptune, and Knc is still silent on when the Neptune will be delivered.
fractal02
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March 20, 2014, 05:50:00 PM
 #31031

You really think they NEED it when they are pumpin Petahashes @ the DataCenter?
I don't.

So why they don't just sell in stock units...?

pre-order = crowfunding.
end of line.
kendog77
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March 20, 2014, 05:53:04 PM
 #31032

You really think they NEED it when they are pumpin Petahashes @ the DataCenter?
I don't.

So why they don't just sell in stock units...?

pre-order = crowfunding.
end of line.

Because they can get millions of dollars worth of interest free loans from customers to build the biggest mining farm in the world. Bascially, they are using customer pre-order money to directly compete against those very same customers.

Talk about a conflict of interest.
Phoenix1969
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March 20, 2014, 05:55:55 PM
 #31033

You really think they NEED it when they are pumpin Petahashes @ the DataCenter?
I don't.

So why they don't just sell in stock units...?

pre-order = crowfunding.
end of line.
With that said....  I think the no-refund policy is a must after the last two months of FUD in here, Imagine if you were them, and had to deal with 50 refunds every time one of the trio of trolling fudsters decided to type more FUD. I imagine without them, it would be easy to offer the refunds up to shipping as normal. In other words, you can most likely thank the trolls for that policy; because they obviously aren't short on cash, and nowadays Miners change their minds more often than whores change their panties. I definitely understand the no refund policy on Titan, especially because alts & scrypt are not even mainstream, and are pre-dominantly mined by people who think coins with no actual use have a future.

Seriously... look at this:    http://com-http.us/
it's gone to the dogs


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kendog77
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March 20, 2014, 06:02:26 PM
 #31034

You really think they NEED it when they are pumpin Petahashes @ the DataCenter?
I don't.

So why they don't just sell in stock units...?

pre-order = crowfunding.
end of line.
With that said....  I think the no-refund policy is a must after the last two months of FUD in here, Imagine if you were them, and had to deal with 50 refunds every time one of the trio of trolling fudsters decided to type more FUD. I imagine without them, it would be easy to offer the refunds up to shipping as normal. In other words, you can most likely thank the trolls for that policy; because they obviously aren't short on cash, and nowadays Miners change their minds more often than whores change their panties. I definitely understand the no refund policy on Titan, especially because alts & scrypt are not even mainstream, and are pre-dominantly mined by people who think coins with no actual use have a future.

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0
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March 20, 2014, 06:03:39 PM
 #31035

You really think they NEED it when they are pumpin Petahashes @ the DataCenter?
I don't.

So why they don't just sell in stock units...?

pre-order = crowfunding.
end of line.
With that said....  I think the no-refund policy is a must after the last two months of FUD in here, Imagine if you were them, and had to deal with 50 refunds every time one of the trio of trolling fudsters decided to type more FUD. I imagine without them, it would be easy to offer the refunds up to shipping as normal. In other words, you can most likely thank the trolls for that policy; because they obviously aren't short on cash, and nowadays Miners change their minds more often than whores change their panties. I definitely understand the no refund policy on Titan, especially because alts & scrypt are not even mainstream, and are pre-dominantly mined by people who think coins with no actual use have a future.
phoenix, lets go the other way and imagine pictures and statements.....even an 'oops' time to start over again or anything is better than..........................................cricket cricket..................................................................chirp cricket chirp...who who (says the owl)............................................................cricket cricket...................................................................chirp cricket...............................................who who...

they say silence is golden, but only at the movies!!
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March 20, 2014, 06:07:51 PM
 #31036

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0

He's in denial.  The Neptune is quickly becoming (if it wasn't already) a terrible purchase.
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March 20, 2014, 06:10:57 PM
 #31037

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0

He's in denial.  The Neptune is quickly becoming (if it wasn't already) a terrible purchase.

Agreed, and I don't even think the power usage numbers on the Neptune will be that great, so that won't even save buyers.

November Jupiters used 1.3W/GH, so a Neptune will probably use ~1W/GH, which has already been matched by many competitors.

In my opinion, it's a huge mistake to be overly loyal to any mining hardware manufacturer in this game. That bias will likely cost you a lot of money.
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March 20, 2014, 06:26:36 PM
 #31038

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0

He's in denial.  The Neptune is quickly becoming (if it wasn't already) a terrible purchase.

Agreed, and I don't even think the power usage numbers on the Neptune will be that great, so that won't even save buyers.

November Jupiters used 1.3W/GH, so a Neptune will probably use ~1W/GH, which has already been matched by many competitors.

In my opinion, it's a huge mistake to be overly loyal to any mining hardware manufacturer in this game. That bias will likely cost you a lot of money.
wow, you'd rather a single terrahash for 5600 dollars, or 2th for 12k, not even knowing if they will deliver?
How many have they delivered so far?  
Not my cup of tea
Remember just a few months ago when peeps said the same about Jupiter, and refunded for Hashfast and Cointerra?
Deja-Vu
...and now they are salty.
Same will happen here. Stoked. It's like an instant replay.
Remember when "Jupiters will never make ROI" was the theme?
hahahahaa


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kendog77
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March 20, 2014, 06:43:01 PM
 #31039

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0

He's in denial.  The Neptune is quickly becoming (if it wasn't already) a terrible purchase.

Agreed, and I don't even think the power usage numbers on the Neptune will be that great, so that won't even save buyers.

November Jupiters used 1.3W/GH, so a Neptune will probably use ~1W/GH, which has already been matched by many competitors.

In my opinion, it's a huge mistake to be overly loyal to any mining hardware manufacturer in this game. That bias will likely cost you a lot of money.
wow, you'd rather a single terrahash for 5600 dollars, or 2th for 12k, not even knowing if they will deliver?
How many have they delivered so far?  
Not my cup of tea
Remember just a few months ago when peeps said the same about Jupiter, and refunded for Hashfast and Cointerra?
Deja-Vu
...and now they are salty.
Same will happen here. Stoked. It's like an instant replay.
Remember when "Jupiters will never make ROI" was the theme?
hahahahaa

Actually, those units are $3650 per 1TH unit, and the group buy organizer has delivered in the past and does accept escrow. I was simply pointing out that there are options available now that offer similar price and performance as the Neptune, so the window is closing fast on Neptune profitability.
NetTime
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March 20, 2014, 06:59:40 PM
 #31040

They need to hurry the fuck up.  We need our Neptunes NOW.  I like the idea of the Titan product but they've screwed it up.  Too expensive, no perks for existing customers, and no refunds, all with their best guess at delivery "Q2/Q3".  Combined with the construction of their bullshit mining farm which is already starting to kick all of our asses, they've turned into a bunch of real shitbags.
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