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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3008564 times)
Spondoolies-Tech
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June 17, 2014, 10:20:37 PM
 #35041

...
So will you be offering sp30s for $3200 shipped in a few weeks?

No.
If I'll do that, what will happen to AM SH dividends ? Having you suffered enough ?

On second thought, contact sales@ and we'll do a special deal for you. You'll be able to compare it with the all kind of rocks coming out from china  Grin

You won't really have a choice.

As soon as these datatanks go up for sale you will have to match their price to compete gather preorders.

Thanks for the offer but I don't have that kind of money to spend on hardware especially a preorder.

And BTW those "rocks from china" are powering a majority of the network (well at least before difficulty exploded)

You're clueless, on both of the statement you made.
Quick question: Did you read the IPO terms ?


We released the following miners only when we were operational: SP10, SP20, SP30, SP31 and SP35.
If you see anything else offered online, it's a scam.
We designed but never completed the SP50
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June 17, 2014, 10:24:27 PM
 #35042

Guy, if I wanted to a 1mW datacenter using your hardware could you deliver it in a month (30 day window) or would this be $200k and be ready in September or October; or with a large customer could something be delivered sooner along with an earlier batch.  If I had any kind of proof that this was possible I might fully be inclined to building out seeing as financially that is no issue and knowledge and resources from our personal company (we are one of the larger IBM partners in the southern US (sales wise)).  I looked at the past in doing a large roll out but even utilizing SP10's I could not see it as feasible.

The reality of you having someone hold off 3 months+ compared to filling it with current hardware that is available costly for profits (everyone knows this).  You could be cycling hardware as it comes in and out.  I should note that my post bashing the fan boys of your hardware is in no way related to you all as a company.  We have talked via email and PM multiple times over the last few months and you all are probably one of the most down to earth mining companies, so my beef is not at all with SP-Tech.
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June 17, 2014, 10:27:04 PM
 #35043

You're clueless, on both of the statement you made.
Quick question: Did you read the IPO terms ?

Quick answer: I skimmed through it. Why?

Which statements?

I'll admit that I don't know how you can build a 1MW DC for less than $200k.

But how does that change the fact that datatank is offering $0.93/gh and $0.025/kwh where as you are offering $0.85/gh and ~$0.25/kwh starting 3 months later?
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June 17, 2014, 10:30:15 PM
 #35044

Guy, if I wanted to a 1mW datacenter using your hardware could you deliver it in a month (30 day window) or would this be $200k and be ready in September or October; or with a large customer could something be delivered sooner along with an earlier batch.  If I had any kind of proof that this was possible I might fully be inclined to building out seeing as financially that is no issue and knowledge and resources from our personal company (we are one of the larger IBM partners in the southern US (sales wise)).  I looked at the past in doing a large roll out but even utilizing SP10's I could not see it as feasible.

The reality of you having someone hold off 3 months+ compared to filling it with current hardware that is available costly for profits (everyone knows this).  You could be cycling hardware as it comes in and out.  I should note that my post bashing the fan boys of your hardware is in no way related to you all as a company.  We have talked via email and PM multiple times over the last few months and you all are probably one of the most down to earth mining companies, so my beef is not at all with SP-Tech.

Unfortunately not.

The ASIC lead time is 3 months - TSMC 28nm allocations. If you know TSMC CEO, it might help, but I'm not sure. Really. They're playing fair with all the customers.
PO by the 5th, ASICs 3 months afterwards. I'm not hiding ASICs or miners. All July and August were sold out.
We have decent September batch, which is selling fast. We're working to secure funds to cover October batch.
I've explained lead time issues in our thread.

Guy

We released the following miners only when we were operational: SP10, SP20, SP30, SP31 and SP35.
If you see anything else offered online, it's a scam.
We designed but never completed the SP50
Spondoolies-Tech
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June 17, 2014, 10:35:46 PM
 #35045

You're clueless, on both of the statement you made.
Quick question: Did you read the IPO terms ?

Quick answer: I skimmed through it. Why?

Which statements?

... First payments are expected when the initial hardware is deployed, 3-6 months after successful fund raising ...

I'll admit that I don't know how you can build a 1MW DC for less than $200k.

But how does that change the fact that datatank is offering $0.93/gh and $0.025/kwh where as you are offering $0.85/gh and ~$0.25/kwh starting 3 months later?

Apples and Oranges. The electricity cost is simply the locale. Fill a DT with RockerBox and you'll get much, much better numbers.
And as I've explained, you can get much, much, much, much better numbers with other cheap deployments methods.

Edit: And on a serious note. The affiliation between AC DT and AM is very loose. It was stated in the IPO for one reason only, get all AM fan boys buy another stock. Cynical but effective move. Working as we can see.

We released the following miners only when we were operational: SP10, SP20, SP30, SP31 and SP35.
If you see anything else offered online, it's a scam.
We designed but never completed the SP50
s1gs3gv
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ex uno plures


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June 17, 2014, 10:40:27 PM
 #35046

Why are Guy and Jimmothy slugging it out in the KNC thread ? You are both seriously off-topic.


KNC is shipping the Neptune … shouldn't y'all get busy now ….
Spondoolies-Tech
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June 17, 2014, 10:42:11 PM
 #35047

Why are Guy and Jimmothy slugging it out in the KNC thread ? You are both seriously off-topic.

Indeed. Got carried away. Going to sleep now.

We released the following miners only when we were operational: SP10, SP20, SP30, SP31 and SP35.
If you see anything else offered online, it's a scam.
We designed but never completed the SP50
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June 17, 2014, 10:42:25 PM
 #35048

aren't AC DT testing a few different chips? not only AM.
they'll take the cheapest, at the end of the day. have KfC sent any 20nm chickie in the baskie to test ?

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Powell
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June 17, 2014, 10:43:53 PM
 #35049

Then sadly the best bet right now is buy the cheapest miner per W at the moment.  A $200k mW that won't get up and running until September or October is worth less than lets say a $250k mW datacenter that could be up in a month.  Then slowly cycle in products like the SP30 but it would be stupid to throw all your eggs in 1 basket and hope.  That seems to be the average thought on this forum though.  People swear by this product is going to LAST!  In reality I don't want to keep a miner more than a month or two without bringing in something new.  You can sell the old and bring in new these are not products like a server, etc...  Long term use SHOULD be 6 months at MAX!
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June 17, 2014, 10:44:40 PM
 #35050

Datatank offering: $0.93/gh 0.6w/gh $0.025/kwh (starts hashing in a few weeks)

Jimmothy, from the Datatank prospectus, page 10:
Quote
Profits will be paid weekly in form of dividends. First payments are expected when the initial hardware
is deployed, 3-6 months after successful fund raising.

So not in a few weeks. (IPO starts on 24th June, it will take some time, then add 3-6 months.)
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June 17, 2014, 10:46:06 PM
 #35051

You're clueless, on both of the statement you made.
Quick question: Did you read the IPO terms ?

Quick answer: I skimmed through it. Why?

Which statements?

... First payments are expected when the initial hardware is deployed, 3-6 months after successful fund raising ...

I'll admit that I don't know how you can build a 1MW DC for less than $200k.

But how does that change the fact that datatank is offering $0.93/gh and $0.025/kwh where as you are offering $0.85/gh and ~$0.25/kwh starting 3 months later?

Apples and Oranges. The electricity cost is simply the locale. Fill a DT with RockerBox and you'll get much, much better numbers.
And as I've explained, you can get much, much, much, much better numbers with other cheap deployments methods.

Edit: And on a serious note. The affiliation between AC DT and AM is very loose. It was stated in the IPO for one reason only, get all AM fan boys buy another stock. Cynical but effective move. Working as we can see.

Looks like I jumped the gun on the starting date.

Regardless the hosting cost is the real killer. $0.025/kwh has to be the best I've heard.

And I do hope you offer your chips at a reasonable price so these tanks can be filled with even more hashing power. As you said the connection with AM is weak but that is not why I am interested. I only care about the numbers not which companies chips will be used. I don't have access to $0.025/kwh and neither do most people and the fact that you only need to buy 18GH/s to get industrial level electricity rates makes the offer very attractive.
2112
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June 17, 2014, 10:47:44 PM
 #35052

aren't AC DT testing a few different chips? not only AM.
Allied Control will try anything, all possible chips, all possible ways of deceiving and all possible ways to bribe.

The short of it is that immersion cooling is nearly pointless for Bitcoin mining. Just mount the mining chips on a small PCBs directly onto the "secondary cooling loop" from their design. Then the "secondary" becomes "only".

The issue here is the sales commissions from 3M for flogging engineered fluids with astronomical profit margins.

Please comment, critique, criticize or ridicule BIP 2112: https://bitcointalk.org/index.php?topic=54382.0
Long-term mining prognosis: https://bitcointalk.org/index.php?topic=91101.0
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June 17, 2014, 10:52:13 PM
 #35053

aren't AC DT testing a few different chips? not only AM.
Allied Control will try anything, all possible chips, all possible ways of deceiving and all possible ways to bribe.

The short of it is that immersion cooling is nearly pointless for Bitcoin mining. Just mount the mining chips on a small PCBs directly onto the "secondary cooling loop" from their design. Then the "secondary" becomes "only".

The issue here is the sales commissions from 3M for flogging engineered fluids with astronomical profit margins.


on initial reading thru the IPO, to me it did look very attractive, but then i ask myself; I have no limitations, i can host even the sirensong of a bunch of SP10's at my home location; point being, there are still folks who like to have their hands on their equipment and 3M or no 3M, I, for one, still enjoy hosting my rigs at home.
We are not all limited as to what and where we can host, whatever rig it's decided to buy...tanks could be the future indeed but, as long as my garage is alive and earning me a profit, do I really need to rely on immersion to cool my rigs? this is Scotland , after all  Grin

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June 17, 2014, 11:03:58 PM
 #35054

this is Scotland , after all  Grin
In Scotland probably at least some people have heated bathroom floors, where the warm water is circulated inside the floors all year round. Imagine that your Bitcoin miner instead of rather needlessly heating your garage could make your bathroom nice and warm to touch.

Please comment, critique, criticize or ridicule BIP 2112: https://bitcointalk.org/index.php?topic=54382.0
Long-term mining prognosis: https://bitcointalk.org/index.php?topic=91101.0
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June 17, 2014, 11:07:26 PM
 #35055

even if they ship the neppys out can we all not forget how fucked over us super jupiter victims got.

we need to take legal action, because we did not get what we paid for


BTC:1B3GN2WRQ6LBk9PcuZxoXevhty8sTgVrxn  <-------ONLY DEPOSIT TO THIS ADDRESS
LIMITED INTERNET ACCESS UNTIL 21st NOVEMBER
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June 17, 2014, 11:10:42 PM
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this is Scotland , after all  Grin
In Scotland probably at least some people have heated bathroom floors, where the warm water is circulated inside the floors all year round. Imagine that your Bitcoin miner instead of rather needlessly heating your garage could make your bathroom nice and warm to touch.


exactly, and it is something i've already pondered long upon... in actual fact, our bathroom is in dire need of an overhaul, so I may just find out the feasibility of doing such a thing.

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June 17, 2014, 11:34:00 PM
 #35057

Why are Guy and Jimmothy slugging it out in the KNC thread ? You are both seriously off-topic.

Indeed. Got carried away. Going to sleep now.

Good, go f' off to your own thread next time.

You guys that still have your orders send us some pics when they come in. Glad to see you are actually getting hardware.
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June 18, 2014, 12:06:49 AM
 #35058

So what exactly is a Mini Neptune going to be... 2 1/2 boxes? Lol. Obviously the Neptune was designed to have 6 chips but they figured out that they could overclock them and remove one board and still get 3THs.

Cheap bastards!

Or 4 and they ended up under performing!
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June 18, 2014, 12:13:05 AM
 #35059

Well after seeing that press release (and blowing a cup of coffee out my nose laughing), I feel GREAT!! That I refunded my 2 Neptunes, amazing how smart I feel with 24+ BTC in my wallets and 9 TH/s working for ME. How many more weeks till the litter of "neptune lites" show up to customer's doorsteps? Even @ soon to be difficulty I will have another 2.33BTC in my wallet for each week delayed, somedays you just have to pat yourself on the back and say "Good JOB".
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June 18, 2014, 12:22:50 AM
 #35060

DataTank is still pre-IPO. There is no guarantee it will have a complete IPO, not to mention succeed as a business (DISCLAIMER I plan to purchase IPO shares, and I have KNC items on order). I hope they do, but we shall see.

Making Apps and Websites for people. I charge reasonable rates ($30-40/hour in BTC).
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