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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3009296 times)
tzortz
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June 21, 2014, 01:28:48 PM
 #35501

No, I mean like they want to justify the 5 instead of the 6 box setup.
An lcd is useless compared to an additional box.


" We are sorry we have no more space for the 6th box!"   Roll Eyes




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June 21, 2014, 01:33:24 PM
 #35502

Look at those temperatures  Shocked

I said that the temp monitoring components were far away from the chip because KNC probably knew there would be overheating issues.

https://bitcointalk.org/index.php?topic=170332.msg7181832;topicseen#msg7181832

Anyone who shot me down when I said that, please feel free to eat your words!  Tongue


Do your homework before you make an even bigger fool of yourself AVNGR.

Those temps come from the on chip BMR464 PMBus temperature monitoring circuits.

http://archive.ericsson.net/service/internet/picov/get?DocNo=1/28701-FGC1011486&Lang=EN&HighestFree=Y

"The PMBus interface can also monitor the system’s voltages, currents, and temperatures."
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June 21, 2014, 01:35:29 PM
 #35503

I believe he was not referring to the vrm temps but to the core temps.

Core temps cannot be correctly measured that far away.

You mean there are no dead core chips out there?

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June 21, 2014, 01:35:44 PM
 #35504

Screw the display!

We need more hash power!!

How? You really think they will sell separate boards/boxes? I doubt it.

they will 'make' such they simply won't sell such to customers...i bet they are board specific to the mounts on their current rack mounting PH farsm

the cloud hashing offer works like this ..you cloud hash you don't get a 2nd miner and when we send you a miner we stop (net gain KNC)

so all the taking cloud hashing does is give you hash 'till you get your miner" then that hash goes to knc and the future miner (which is probably
already being made..in case you did not take cloud hashing optioin ..but now that you have goes plop into their PH farm

eventually (except for your 1st piece of equipment) in an ideal world all hash and 2nd miner go back to KNC for use on their farm

works slick huh

as to the above point ..they will NOT sell modules to us once they have shipped neptunes all batches .indeed i suspect they are producint 2 miners
for every one sent to a customer ...the extra miner out the door in this time period will go directly to their PH farm....also any miners after batch 3
will go directly to PH farm....it is win/win/win for knc

get the cloud hashing 'back' they setup for you to hash..get your machine out while likely making 2x as many machines...also the machines that
were refunded..they are also being built to go right to knc and any 'modules' in the future are plug in play int their current rack setup on the giant
PH farm

brillant i must admit

Searing

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butjust41day
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June 21, 2014, 01:36:25 PM
 #35505





5%-- I didnt notice this before?

Hello do you have any information on what percentage of that is actually hosted miners? What I'm wondering is how much of that represents  KNC mining as a company and how much of it represents the hosted miners for their clients. For example if one half of it represents hosting for clients then KNC hasn't nearly approached the 5 percent as a company.

Just curious about the facts here.
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June 21, 2014, 01:37:14 PM
 #35506

Yep! I stand by my theory that Neptune was supposed to be 6 chips. But some cheap bastard named Sam made an executive decision to save a few dollars when they discovered that the 5 chips could be overclocked to reach 3THs. Nevermind mind that the board components are near spontaneous combustion temps.

No need to wonder why the warranty period is 3 months now.

I thought that the Neptune was supposed to be a 4 chip because they said they will use the same Jupiter case/model.

Do you really think they had actually designed a box before last week? Lol. Even the Jupiter case looks like it was designed and built just days before shipping.

No, but I remember them stating that they will use the same model as Jupiter's. They never said separate boxes.


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June 21, 2014, 01:38:24 PM
 #35507

No, but I remember them stating that they will use the same model as Jupiter's. They never said separate boxes.
...

I knew it! Thank you! They even have the Jupiter picture there...

Isn't "Bitcoins first ever..." spelled wrong?

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samsonn25
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June 21, 2014, 01:39:59 PM
 #35508

Sneaky Bastards.  .  again


Why dont they just put an asterisk next to it, then in the footnote section make it 2 pt font.

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June 21, 2014, 01:43:55 PM
 #35509

finally I realized none of knc's words should be trusted...

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s1gs3gv
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June 21, 2014, 01:49:34 PM
 #35510

Core temps cannot be correctly measured that far away.

You are right. That is why those chips shown circled in red in the original post are not used for core temperature measurements.


You need to learn when AVNGR is just being a troll and when he is serious. Hint:  he's always a troll.
tzortz
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June 21, 2014, 01:54:16 PM
 #35511

You mean there is another sensor that measures the cores?

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June 21, 2014, 01:56:27 PM
 #35512

You mean there is another sensor that measures the cores?

I think he's saying it's inside or under the chip like in processors

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June 21, 2014, 01:58:47 PM
 #35513

Yes, there is. on die.
tzortz
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June 21, 2014, 02:00:10 PM
 #35514

Are you very sure?

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samsonn25
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June 21, 2014, 02:06:11 PM
 #35515

Screw the display!

We need more hash power!!

How? You really think they will sell separate boards/boxes? I doubt it.

they will 'make' such they simply won't sell such to customers...i bet they are board specific to the mounts on their current rack mounting PH farsm

the cloud hashing offer works like this ..you cloud hash you don't get a 2nd miner and when we send you a miner we stop (net gain KNC)

so all the taking cloud hashing does is give you hash 'till you get your miner" then that hash goes to knc and the future miner (which is probably
already being made..in case you did not take cloud hashing optioin ..but now that you have goes plop into their PH farm

eventually (except for your 1st piece of equipment) in an ideal world all hash and 2nd miner go back to KNC for use on their farm

works slick huh

as to the above point ..they will NOT sell modules to us once they have shipped neptunes all batches .indeed i suspect they are producint 2 miners
for every one sent to a customer ...the extra miner out the door in this time period will go directly to their PH farm....also any miners after batch 3
will go directly to PH farm....it is win/win/win for knc

get the cloud hashing 'back' they setup for you to hash..get your machine out while likely making 2x as many machines...also the machines that
were refunded..they are also being built to go right to knc and any 'modules' in the future are plug in play int their current rack setup on the giant
PH farm

brillant i must admit

Searing


Batch 3 is "not refundable"

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June 21, 2014, 02:09:30 PM
 #35516

Who else is expecting this announcement from KNC next week...

"We are excited to announce that we have 20,000 "new" Jupiter kits for immediate sale at a special discount price of $1000 per THs."

Whatever they cant sell they can undervolt and still run, basically there is no capital cost since its been paid for already or made it back many times over.

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Personal text my ass....


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June 21, 2014, 02:39:45 PM
 #35517

And advanced page:





Do I see right?

VRMs already running at around 99-100C?

Wtf, this is too much.

It will soon spit an error. Ericsson vrms are very sensitive.

Yes indeed, I saw some of them at 106 C.  I noticed as well that the aluminum plate isn't touching all the VRM's with the same pressure. Especially the one's at the end of the U-shape (at the out-flow side): some might have a small space of air (the DC/DC numbers 0 and 1 have significant higher temps).   I'm thinking, to add extra Fans on both sides blowing below the aluminum plate.

Horrible design for cooling. Seems they couldn't figure a way to really cool the VRM's properly so they just slapped some thick thermal pads on there thinking that would help.  Users are going to start to fry these things by just running them in normal ambient temperatures. For at least $10k I really would expect a "plug it in and forget about it" type hardware.

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June 21, 2014, 02:41:04 PM
 #35518

Horrible design for cooling. Seems they couldn't figure a way to really cool the VRM's properly so they just slapped some thick thermal pads on there thinking that would help.  Users are going to start to fry these things by just running them in normal ambient temperatures. For at least $10k I really would expect a "plug it in and forget about it" type hardware.

All we need now is KNC's untested, rushed-out-the-door rig and a nice hot summers day  Cheesy

http://www.youtube.com/watch?v=5GCSWEgZT94

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June 21, 2014, 02:52:40 PM
 #35519

I think he's saying it's inside or under the chip like in processors

Just so it's clear - the black components you very clearly see here:



EQUALS

The numbers you see next to the words "Temp":




These components are about 2 to 3 inches away from the chip and the temperature reading is 58C  Shocked

Can you even imagine how hot that chip is in it's core?

That far away from the chip, the readings are almost useless.

But as I said, it was done by design. KNC hiding their shitty engineering.

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Personal text my ass....


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June 21, 2014, 02:53:49 PM
 #35520

I feel screwed when I know that KnC's "hash while you wait" means forfeiting "Neptune two-for-one"!

KnC announced "hash while you wait" on April 8, saying first batch customers will start their cloud mining from early June and the last customer will hash in their data center around the last week of June. Now this is close to the end of June, and finally the Plan B arrived.

On April 28, KnC announced that "KnCMiner, the most trusted brand in Bitcoin mining, announced today that it will give every current customer who has an outstanding order for a machine from its Neptune line’s first two batches a free Neptune from its upcoming “third batch” of Neptunes."  I felt happy when KnC announced this, because it shows KnC at least tries to bring more profits to the customers (although, in fact, two Neptune still cannot reach ROI). To my understanding, this is a bonus/gift/giveaway from KnC, it has nothing to do with the compensation due to delay of delivery.

In the email I receved from KnC two days ago, I am notified to choose either "hash while you wait" or "switch to Titan". There was no terms saying that by select any of the options, the "neptune two-for-one" plan will no longer be valid. I read their T&C (convert.kncminer.com/terms/), the two options they offered has nothing to do with the two-for-one plan, therefore I signed up "hash while you wait", happily waiting for the cloud mining next week, first Neptune by the end of June, and second one in August.

Then I read the forum discussion, and I know that KnC actually use "hash while you wait" in replace of "neptune two-for-one"! I feel totally cheated and pissed off! How come KnC breaks their public promises, and deprive my rights by just giving some vague and ambiguous terms and conditions?

I use the online calculator for some maths: https://bitcoinwisdom.com/bitcoin/calculator. (I set the difficulty increase 20%, power consumption 2.1kW, the rest parameters are with default values)

I spent 12999 USD on 3TH Neptune. With current difficulty, even if I start mining today, I can mine up to 6BTC before electricity fee exceeds the income. Suppose bitcoin price is 600USD, I can get back 3600 USD. There is still a gap of 9399USD!

If I receive a second neptune by Aug 31 (earliest estimated delivery date), then before electricity bill wins, I can mine up to 8.4 BTC together with the first neptune. This is about 5040USD in total. And the gap is still 7959USD!

"hash while you wait" has a max period of 45 days. Suppose I don't receive my neptune and therefore I use up all the cloud mining time, then I can get around 3.8BTC, equivalent to 2280USD. Of course, if KnC ships my first Neptune by end of June, then I only get 0.8-0.9 BTC while waiting...

So, even if I have both "hash while you wait" and "neptune 2-for-1", I can get maximum $(5040+2280)=$7320. The gap is $5679.

If I only have "hash while you wait" and one neptune, then revenue is $(3600+2280)=$5880, gap is $7119!

Now I can buy a 1TH miner for about 1500-1700 USD(e.g. http://www.lketc.com/goods/show-172.aspx  the dragon miner, one of the well-known mining rigs in China), and such mining rig is in stock and can be delivered in 2-3 days. With 12999 USD, I can buy up to 7-8 TH mining power! This is far more than 6TB that KnC can provide.

KnC said Neptune is to be delivered in Q1/Q2, and they make customers believe it refers to March/early April. Now it is the very end of Q2, and I feel disappointed.

KnC said the "hash while you wait" will be started in early June, and it is delayed, and I feel disappointed.

Now KnC will revoke their promises of give away a second Neptune, I am totally pissed!

We ALL said soon as we saw Q1/Q2 that means the end of Q2. I must have said that 20 times when they announced those dates but everyone ran out and dropped $10k (some $13K) on a pre-order that was 6 months away. I feel bad for people that received shitty deals, but don't have any empathy for the complainers about receiving hardware now and complaining it is so late. That's just the way it is with bitcoin hardware. It is more of a gamble these days picking the right horse to win. Who knows.

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