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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3011849 times)
RenHoek
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March 23, 2014, 12:29:11 AM
 #31121

Can you explain how that statement equates into larger diffchanges over the next couple months?

It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does.
200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.


hmmm, i think u have overlooked the coming new Boss in town:

spongebob-tech:

http://www.spondoolies-tech.com/

Esst mehr Scheisse, millionen Fliegen können nicht irren!  Cool
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March 23, 2014, 12:32:40 AM
 #31122

Can you explain how that statement equates into larger diffchanges over the next couple months?

It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does.
200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.


hmmm, i think u have overlooked the comming new Boss in town:

spongebob-tech:

http://www.spondoolies-tech.com/
I'm ignoring them for good reason: They have not been vetted.


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Searing
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March 23, 2014, 12:32:58 AM
 #31123

Hey, I am curious about your bullishness on Neptune. With btc being where it is today, one can get at least 23 btc per Neptune if cancelled. I still did not pull the trigger, but it is getting close. What is your rationale? I don't see anybody paying huge premium for the machine at these btc values or machine mining more than 15-18 btc optimistically if hashing starts on May1.

Forget about breaking even. That would have only happened had KnC shipped in Q1. Well, that's not going to happen, so it's over for Neptunes. By the time Neptunes ship, difficulty will be 10B+, at which point a Neptune will generate less than .15 btc per day. That puts RoI at over 3 months without even considering any difficulty increases! Believe me, there's lots of difficulty increases still to come. Bitmain knows how to scale production. They're going to flood the market with 1 TH/s machines before Neptunes even start shipping.

you could well be correct i have a 1st batch Neptune also (10k version) but that is why i have the 'out button" ie refund option..(which is likely why the Titan or any other kNC machine will not have such refund option in the future..duh people like me must drive KNC crazy..over order then punt)

i'll keep watching and punt if i need to ...so no risk to wait for a bit...and see if they get their act together)

but yeah it is more likely you are correct then me....the way the past has gone..but just so you see the options of us waiting ie logic such as it is

with the refund no down side yet

(heck i'd just blow the refund on wine/women and song.yeah right if that was the case i would not be on here anyway)

Searing

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RenHoek
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March 23, 2014, 12:35:16 AM
 #31124

Can you explain how that statement equates into larger diffchanges over the next couple months?

It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does.
200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.


hmmm, i think u have overlooked the comming new Boss in town:

spongebob-tech:

http://www.spondoolies-tech.com/
I'm ignoring them for good reason: They have not been vetted.

false. they had delivered allready the first devices. take a look in doogis thread. they are real and very strong!

https://bitcointalk.org/index.php?topic=525469.0

Esst mehr Scheisse, millionen Fliegen können nicht irren!  Cool
For this valueable Tip your ฿ Donation to:
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March 23, 2014, 12:38:33 AM
 #31125

Can you explain how that statement equates into larger diffchanges over the next couple months?

It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does.
200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.


hmmm, i think u have overlooked the comming new Boss in town:

spongebob-tech:

http://www.spondoolies-tech.com/
I'm ignoring them for good reason: They have not been vetted.

dogie already has a nice review on them and more will come.

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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March 23, 2014, 12:39:39 AM
 #31126

"Can" is key, but 200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.
1200 times 3 or 4 Th/s in 6 days......  (up to 4.8 petahashes) how is bitmain supposed to touch that?  Can bitmain ship 4-5 petahashes per 6 days.... I think not. They can "ramp up" all they want, it won't change things much, especially after Neptune.

Ok, if you're right about KnC's capacity to deliver, then you're just proving my initial point. Neptune won't break even. There's just too much hashpower coming online in the next few months.

Buy & Hold
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March 23, 2014, 12:40:20 AM
 #31127

Can you explain how that statement equates into larger diffchanges over the next couple months?

It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does.
200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.


hmmm, i think u have overlooked the comming new Boss in town:

spongebob-tech:

http://www.spondoolies-tech.com/
I'm ignoring them for good reason: They have not been vetted.

dogie already has a nice review on them and more will come.

link please....

and BFL has had NICE REVIEWS and products sent to such reviewers up to  a year previous to shipping so...shudder......just a thought

Searing

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RenHoek
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March 23, 2014, 12:41:03 AM
 #31128

Can you explain how that statement equates into larger diffchanges over the next couple months?

It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does.
200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.


hmmm, i think u have overlooked the comming new Boss in town:

spongebob-tech:

http://www.spondoolies-tech.com/
I'm ignoring them for good reason: They have not been vetted.

false. they had delivered allready the first devices. take a look in doogis thread. they are real and very strong!

https://bitcointalk.org/index.php?topic=525469.0


thats spogegebob-mossad-tech! far advanced over knc!

Esst mehr Scheisse, millionen Fliegen können nicht irren!  Cool
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March 23, 2014, 12:42:03 AM
 #31129

which may make up a whole 5 to 10% of the next couple diffchanges, I see no real threat there. I really think you're over-estimating Bitmain's impact to the network

Sounds like you haven't kept up. In a few short months, Bitmain is powering 20%+ of the entire network!
Can you explain how that statement equates into larger diffchanges over the next couple months?
I see absolutely no relevance between Bitmain's current total network share, and future diffchanges.
I have nothing against Bitmain, just sayin... enjoy them while you can, because when Neptune ships, your returns will be squat, whilst Neptunes will have the horsepower to return for much much longer profitably. Remember what happened to Avalon's and BFL's when Jupiter came to town?
This is a similar comparison. Yeah, there's gonna be one or two nice big diffchanges when Neptune delivers, but after that....  Who has the capacity effect the diff over even 5% in a single diff after Neptune comes to town?.....   NOBODY.
No single batch delivery from a single vendor will ever touch 5% of the network again after Neptune. Take that to the bank.


I tend to agree with general direction of your argument and was checking that awesome image quite frequently myself. The trend of diff rises has to change, but the the question is-when? If it bends down to lower than 30% a mo after October, it might or might not be too late to get ROI on Neptune, hence the dilemma. I got some ants because of a want to do some mining right now. Ant is, of course, nothing like Neptune, but it is pretty important for network diversity, in my opinion. You can be a geek with an ant or a few of them, but Neptune is another species altogether.
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March 23, 2014, 12:45:53 AM
 #31130

There are enough people using arbitrage trading bots for alts already, across many exchanges....
I wonder if there is any capacity in the system to actually make any money in that anymore...I doubt it


pump and dumps can be quite profitable. alts are more risky than btc, but there's a greater chance to make a lot of profit.

You keep wondering.
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March 23, 2014, 12:46:18 AM
 #31131

"Can" is key, but 200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.
1200 times 3 or 4 Th/s in 6 days......  (up to 4.8 petahashes) how is bitmain supposed to touch that?  Can bitmain ship 4-5 petahashes per 6 days.... I think not. They can "ramp up" all they want, it won't change things much, especially after Neptune.

Ok, if you're right about KnC's capacity to deliver, then you're just proving my initial point. Neptune won't break even. There's just too much hashpower coming online in the next few months.

again you could be correct but the other side of the coin is difficulty is a percentage of total network hash power can they really keep upping hash power vs the total network as it is to effect difficulty to a 15-20% uptick or is it just gonna be a flash in the pan and then ramp up again in fall with new generation of machines? ie lots of stuff is coming out NOW but there is some lag imho on how the stuff shoots out ie usually they all do it at the same time in bunches according to the technology they manage to upgrade

then also there is the equip falling off the other end that is no longer profitable (my jupiter knc oct comes to mind this summer) and the dip in USD for bitcoin may have slowed stuff down too...

again i know zip but just saying and i may likely pull the plug here soon w/o more info from KNC but its why i'm holding at this point (i'm brave as hell with refund...new companies no refund ...er not so much)


Searing

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March 23, 2014, 12:52:43 AM
 #31132

which may make up a whole 5 to 10% of the next couple diffchanges, I see no real threat there. I really think you're over-estimating Bitmain's impact to the network

Sounds like you haven't kept up. In a few short months, Bitmain is powering 20%+ of the entire network!

I love that outfit - in stock, mining in 4 days after purchase from China to Texas - yeehaw! I hope that is the model that takes off. This pre-order stuff is too much.
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March 23, 2014, 01:00:06 AM
 #31133

Can you explain how that statement equates into larger diffchanges over the next couple months?

It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does.
200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.


hmmm, i think u have overlooked the comming new Boss in town:

spongebob-tech:

http://www.spondoolies-tech.com/
I'm ignoring them for good reason: They have not been vetted.

dogie already has a nice review on them and more will come.

link please....

and BFL has had NICE REVIEWS and products sent to such reviewers up to  a year previous to shipping so...shudder......just a thought

Searing

https://bitcointalk.org/index.php?topic=525469.0

Spongebob-tech (no pun indended) have already proven themselves through this review and also through their partners (see https://bitcointalk.org/index.php?topic=521520.msg5844237#msg5844237)

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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March 23, 2014, 01:02:10 AM
 #31134

which may make up a whole 5 to 10% of the next couple diffchanges, I see no real threat there. I really think you're over-estimating Bitmain's impact to the network

Sounds like you haven't kept up. In a few short months, Bitmain is powering 20%+ of the entire network!

I love that outfit - in stock, mining in 4 days after purchase from China to Texas - yeehaw! I hope that is the model that takes off. This pre-order stuff is too much.

Interestingly, Bitmain will ship two generations (S1 and S2) during Neptune preorder period. I hope that this preoder habit just go away and never comes back.
In lieu of this new thinking, I did not preorder S2, albeit it was only 3 weeks. Will wait until it is in stock to revisit.
Also, KnC could have produced gobs of Jupiters or boards, but they chose to put them in the datorhall and give ya'll a 7-10% haircut. Don't forget that, happy Jupiter miners.
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March 23, 2014, 01:02:53 AM
 #31135

"Can" is key, but 200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.
1200 times 3 or 4 Th/s in 6 days......  (up to 4.8 petahashes) how is bitmain supposed to touch that?  Can bitmain ship 4-5 petahashes per 6 days.... I think not. They can "ramp up" all they want, it won't change things much, especially after Neptune.

Ok, if you're right about KnC's capacity to deliver, then you're just proving my initial point. Neptune won't break even. There's just too much hashpower coming online in the next few months.

again you could be correct but the other side of the coin is difficulty is a percentage of total network hash power can they really keep upping hash power vs the total network as it is to effect difficulty to a 15-20% uptick or is it just gonna be a flash in the pan and then ramp up again in fall with new generation of machines? ie lots of stuff is coming out NOW but there is some lag imho on how the stuff shoots out ie usually they all do it at the same time in bunches according to the technology they manage to upgrade

then also there is the equip falling off the other end that is no longer profitable (my jupiter knc oct comes to mind this summer) and the dip in USD for bitcoin may have slowed stuff down too...

again i know zip but just saying and i may likely pull the plug here soon w/o more info from KNC but its why i'm holding at this point (i'm brave as hell with refund...new companies no refund ...er not so much)


Searing

You still have your orders with that English outfit (name escapes me), right? - for the scrypt gear? I think you're going to clean house with that order. I didn't think they were real but their regular updates look legit. To be honest KnC's titan is interesting, but pre-order ...sorry, new home comes first Smiley  I'm holding out for an in stock scrypt asic miner before I take the plunge.

Good luck to you and your orders. If things work out you'll be in a great spot this summer.
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March 23, 2014, 01:04:45 AM
 #31136

which may make up a whole 5 to 10% of the next couple diffchanges, I see no real threat there. I really think you're over-estimating Bitmain's impact to the network

Sounds like you haven't kept up. In a few short months, Bitmain is powering 20%+ of the entire network!

I love that outfit - in stock, mining in 4 days after purchase from China to Texas - yeehaw! I hope that is the model that takes off. This pre-order stuff is too much.

Interestingly, Bitmain will ship two generations (S1 and S2) during Neptune preorder period. I hope that this preoder habit just go away and never come back.
I lieu of this new thinking, I did not preorder S2, albeit it was only 3 weeks. Will wait until it is in stock to revisit.

ya, me too. I was interested in getting one of those coin CC wallets, but the pre-order part made me cringe and walk away.
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March 23, 2014, 01:36:03 AM
 #31137

Can you explain how that statement equates into larger diffchanges over the next couple months?

It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does.

Actually they can and did...  They all went to their data center for self-mining...  I believe Neptune is coming in 2 months and I will be shocked if it doesn't do at least 4.5 TH.  The network effect will be drastic, and it will taper off...  The big unknown is after all 3 batches are shipped within 1-2 months, how long will KnC wait to start building more for self-mining and how many PH?
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March 23, 2014, 01:55:56 AM
 #31138

Actually they can and did...  They all went to their data center for self-mining...

I was going by this report:

http://organofcorti.blogspot.se/2014/03/march-16th-2014-weekly-hashrate.html

KnC 10% of network. Bitmain has already passed 20%.

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March 23, 2014, 02:10:51 AM
 #31139

Actually they can and did...  They all went to their data center for self-mining...

I was going by this report:

http://organofcorti.blogspot.se/2014/03/march-16th-2014-weekly-hashrate.html

KnC 10% of network. Bitmain has already passed 20%.

The percentages in the blog post are from blocks solved by pools or hashers. It doesn't consider the amount earned on pools or supplied by various manufacturers, so the comparison is invalid.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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March 23, 2014, 02:22:22 AM
 #31140

The percentages in the blog post are from blocks solved by pools or hashers. It doesn't consider the amount earned on pools or supplied by various manufacturers, so the comparison is invalid.

Well, since I don't think KnC is mining to their own address with non-KnC hardware, the only missing piece is how much hardware did KnC ship to customers. Anyone know?

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