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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3045502 times)
smoothrunnings
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March 31, 2014, 10:09:57 AM
 #31561

Have you every bought co-location space in your life to store your own servers? They charge you per-circuit and not for the power you use. There is at least one state in the US that has the lowest power costs out of all the other states that would be a good place for setting up cloud mining sites. There was a story recently on YouTube of a guy who setup his own mining in this state; which they wouldn't name; in a co-location, he was making 8 million a week in Bitcoin mining and was using 1mw of power. (Yes..Mega Watt)

That's funny, because I was going to ask you the same thing.  They don't care about power as they usually give you a set amount of power depend on the amount of rack spaces you are leasing:  typically 20-amp 220-V for a full 42U rack, with only 16-amp usable = 3.3kW, enough to power a whopping one 3TH miner.  You can't plug any more equipment in the rack and power it from the same circuit as it will overload and trip the circuit breaker.  You will have to pay additional fee to get more power in, typically at least $200+ per additional 20-amp circuit and that's without any A+B redundancy power feeds.  That's right for power redundancy, you will have to pay another $200 for 20-AMP of standby power that you cannot use.  Otherwise if one of your circuit went out even for just a split second (due to power failure/UPS/breaker), you will now be running twice the power on the second circuit thus tripping the breaker on that circuit and all your equipment is shut down...  How do I know?  I was responsible for relocating all of my last company's servers from the various offices into a colocation with redundant power feeds from the power company, backup diesel generators, redundant climate control, redundant data circuit, secure access, etc..  I shopped around extensively and it is not cheap.  My current employer has almost 1000 servers at their off-site data center and they spent several millions per years in data center costs.  That's not even counting the salary of the staffs necessary to support such a large DC operations.

Sounds like your employer needs to switch to a virtualize solution so they don't have a 1000 physical servers spending millions and also start running their equipment at 200 volts to reduce their amperage, not to mention 200V is cleaner than 120V.

We are completely virtualized at work with about 500 servers cross 3 data centers, about 5 physical servers and a petabyte EqualLogic SAN.

 
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smoothrunnings
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March 31, 2014, 10:12:57 AM
 #31562

Have you every bought co-location space in your life to store your own servers? They charge you per-circuit and not for the power you use. There is at least one state in the US that has the lowest power costs out of all the other states that would be a good place for setting up cloud mining sites. There was a story recently on YouTube of a guy who setup his own mining in this state; which they wouldn't name; in a co-location, he was making 8 million a week in Bitcoin mining and was using 1mw of power. (Yes..Mega Watt)

Have you?

They charge you for:

1. Amount of rack space
2. Data (fixed or 95th percentile)
3. Power (per Amp)




Yes.

#2. 90 ~ 95 percentile
#3. Is a flat rate per circuit, it's not if only only use 3Amp of your 20Amp 220v circuit you are billed for that. However if you shop around you can get the circuit cheaper at one colo's.

Xialla
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March 31, 2014, 10:16:13 AM
 #31563

but but...there was some network protection statement about KNC and their mining operations.)
See with their new found logic they're protecting the network by increasing the overall hashrate.

hm, I expected that they are just open source enthusiast and they are doing just pure greedy business funded by free loans (customer preorders)

I'm going to vomit
xstr8guy
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March 31, 2014, 12:34:48 PM
 #31564

To lazy to link it but I just read a post in Mining Speculation that 20nm will be delayed until the end of 2014.
jelin1984
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March 31, 2014, 12:38:42 PM
 #31565

Where do you read these any link?
pedrosoft
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March 31, 2014, 12:40:32 PM
 #31566

Hi all,
any possibilty to have refund in Btc for 1 Neptune ?
jelin1984
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March 31, 2014, 12:41:57 PM
 #31567

No only at dollars is better now at dollars I think

You will buy more btc coin with dollars refund
pedrosoft
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March 31, 2014, 12:44:30 PM
 #31568

No only at dollars is better now at dollars I think

You will buy more btc coin with dollars refund

... refund in BTC equivalent Smiley
lemonte
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March 31, 2014, 12:48:56 PM
 #31569

To lazy to link it but I just read a post in Mining Speculation that 20nm will be delayed until the end of 2014.

Just seen it now! Do you think it's real?

raskul
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March 31, 2014, 12:51:02 PM
 #31570

To lazy to link it but I just read a post in Mining Speculation that 20nm will be delayed until the end of 2014.

Just seen it now! Do you think it's real?

my sources were real enough.
ADD: sorry if it causes any frustrations - i'm just a journo.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
lemonte
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March 31, 2014, 12:51:33 PM
 #31571

To lazy to link it but I just read a post in Mining Speculation that 20nm will be delayed until the end of 2014.

Just seen it now! Do you think it's real?

my sources were real enough.

Do you care to share who/where the information came from?

raskul
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March 31, 2014, 12:52:28 PM
 #31572

To lazy to link it but I just read a post in Mining Speculation that 20nm will be delayed until the end of 2014.

Just seen it now! Do you think it's real?

my sources were real enough.

Do you care to share who/where the information came from?

no sorry. their job would be at risk.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
lemonte
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March 31, 2014, 12:53:53 PM
 #31573

To lazy to link it but I just read a post in Mining Speculation that 20nm will be delayed until the end of 2014.

Just seen it now! Do you think it's real?

my sources were real enough.

Do you care to share who/where the information came from?

no sorry. their job would be at risk.

No worries. I wonder when they will update everyone Sad
Surprised that no one has posted it on their forum yet.

faetos
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gotta let a coin be a coin


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March 31, 2014, 12:55:35 PM
 #31574


 the link to the post about 20nm delays: https://bitcointalk.org/index.php?topic=551261.0
raskul
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March 31, 2014, 12:58:29 PM
 #31575

To lazy to link it but I just read a post in Mining Speculation that 20nm will be delayed until the end of 2014.

Just seen it now! Do you think it's real?

my sources were real enough.

Do you care to share who/where the information came from?

no sorry. their job would be at risk.

No worries. I wonder when they will update everyone Sad
Surprised that no one has posted it on their forum yet.

I'm led to believe it was 'mentioned upon' and instantly deleted.  Undecided

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
Biffa
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March 31, 2014, 01:08:16 PM
 #31576

Have you every bought co-location space in your life to store your own servers? They charge you per-circuit and not for the power you use. There is at least one state in the US that has the lowest power costs out of all the other states that would be a good place for setting up cloud mining sites. There was a story recently on YouTube of a guy who setup his own mining in this state; which they wouldn't name; in a co-location, he was making 8 million a week in Bitcoin mining and was using 1mw of power. (Yes..Mega Watt)

Have you?

They charge you for:

1. Amount of rack space
2. Data (fixed or 95th percentile)
3. Power (per Amp)




Yes.

#2. 90 ~ 95 percentile
#3. Is a flat rate per circuit, it's not if only only use 3Amp of your 20Amp 220v circuit you are billed for that. However if you shop around you can get the circuit cheaper at one colo's.



Its not in Europe, say everything else is equal you pay for a full rack with say 2TB bandwidth or 10Mb/s whatever you want. Then here you pay more depending how many amps you want in the rack. You can get anythign from 4 Amps to 32Amps per rack, although many limit you to 16 Amps.

Mine @ pools that pay Tx fees & don't mine empty blocks :: kanopool :: ckpool ::
Should bitmain create LPM for all models?
:: Dalcore's Crypto Mining H/W Hosting Directory & Reputation ::
lemonte
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March 31, 2014, 01:12:48 PM
 #31577

To lazy to link it but I just read a post in Mining Speculation that 20nm will be delayed until the end of 2014.

Just seen it now! Do you think it's real?

my sources were real enough.

Do you care to share who/where the information came from?

no sorry. their job would be at risk.

No worries. I wonder when they will update everyone Sad
Surprised that no one has posted it on their forum yet.

I'm led to believe it was 'mentioned upon' and instantly deleted.  Undecided

Damn! Sad

I'd have liked physical miners, but plan B is not that bad, at least I'll be saving on electricity prices I guess.

Searing
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March 31, 2014, 01:32:04 PM
 #31578

To lazy to link it but I just read a post in Mining Speculation that 20nm will be delayed until the end of 2014.

Just seen it now! Do you think it's real?

my sources were real enough.

Do you care to share who/where the information came from?

no sorry. their job would be at risk.

No worries. I wonder when they will update everyone Sad
Surprised that no one has posted it on their forum yet.

well that is interesting ...if the 20mm is that late due to probably chip mnfg issues (shades of BFL sitting on hands waiting for chip)....it would be 'tragic" if the 28mm Titan shipped first in that they (I think) could probably (I think) get the Titan out first

would make sense in they seem to be hyping that (to keep cash flow going) before annoucing a "hey guys you can virtual mine 3TH now for the rest of the year or wait for your equip? naw they'd prob still send the equip

anyway way BTC price is going down is it just me or with anticipated difficulty increase by the time we have even a virtual 3TH miner in our hand ..heck go 4Th...i gather you'd be able to buy more BTC at the current $450 price

this is a killer diff gonna go up next round prob 25% and BTC looks like it may go down 50%

"may you live in interesting times" "ancient Chinese curse

Searing

Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
el_rlee
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March 31, 2014, 01:36:45 PM
 #31579

Sorry for asking here, but couldn't find it... Are KnC miners running cgminer on OpenWRT? Does the interface look similar to the ones of Avalon and Antminer? Will the scrypt ASIC be similar probably?
Biffa
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March 31, 2014, 01:38:03 PM
 #31580

To lazy to link it but I just read a post in Mining Speculation that 20nm will be delayed until the end of 2014.

Just seen it now! Do you think it's real?

my sources were real enough.

Do you care to share who/where the information came from?

no sorry. their job would be at risk.

No worries. I wonder when they will update everyone Sad
Surprised that no one has posted it on their forum yet.

well that is interesting ...if the 20mm is that late due to probably chip mnfg issues (shades of BFL sitting on hands waiting for chip)....it would be 'tragic" if the 28mm Titan shipped first in that they (I think) could probably (I think) get the Titan out first

would make sense in they seem to be hyping that (to keep cash flow going) before annoucing a "hey guys you can virtual mine 3TH now for the rest of the year or wait for your equip? naw they'd prob still send the equip

anyway way BTC price is going down is it just me or with anticipated difficulty increase by the time we have even a virtual 3TH miner in our hand ..heck go 4Th...i gather you'd be able to buy more BTC at the current $450 price

this is a killer diff gonna go up next round prob 25% and BTC looks like it may go down 50%

"may you live in interesting times" "ancient Chinese curse

Searing


They offered two options, to keep your hardware order and be compensated for their lateness with cloud hashing "while you wait" so to speak.
Or swap your hardware order for a cloud hashing order completely.

Mine @ pools that pay Tx fees & don't mine empty blocks :: kanopool :: ckpool ::
Should bitmain create LPM for all models?
:: Dalcore's Crypto Mining H/W Hosting Directory & Reputation ::
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