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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3006684 times)
Phoenix1969
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July 14, 2013, 04:01:37 AM
 #3581

I'm in lust with the hosting idea admittedly. I pay .43 per kilowatt-hour, so a Jupiter costs 309.60/month just to operate here in Hawaii. If KNC can host this for me, I'll really only be paying $40.40 more per month to have it hosted in a professional data-center, by the same people whom developed the device, have every tweak & tune they do without having to lift a finger....    pay a competitive pool fee, etc...
no problem choosing here. I'm betting they can get it running faster there in the data-center & pool, than I can here at home as well.


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DPoS
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July 14, 2013, 04:26:51 AM
 #3582



If Knc can produce a gen-2 device in another 4 months after shipping, all of us will be able to afford to upgrade,

I really dont understand this endless chase...  are we all in this just to make the miner makers money by reupping?? 

You have to have something besides this game going on..  it ain't going to last so please do something productive with your ROI since half of the coins are already mined


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Phoenix1969
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July 14, 2013, 05:37:16 AM
 #3583

all coins are always mined, its about marketshare, in the  total hashrate across the cloud of miners.


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Anenome5
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July 14, 2013, 05:40:48 AM
 #3584



If Knc can produce a gen-2 device in another 4 months after shipping, all of us will be able to afford to upgrade,

I really dont understand this endless chase...  are we all in this just to make the miner makers money by reupping?? 

You have to have something besides this game going on..  it ain't going to last so please do something productive with your ROI since half of the coins are already mined


With an expected ROI of something like 20-30 days, I'd be more than happy to mine profitably for four months only to trade up to a new gen device. That would still be a profit overall, even after paying for the new device, plus you still have the old one hashing all you like for another 8 months viably at least.

If you don't trade up as tech advances, you eventually get left behind anyway and will be forced to stop mining. Some will be happy with that, others, not so.

Democracy is the original 51% attack.
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July 14, 2013, 05:51:49 AM
 #3585




With an expected ROI of something like 20-30 days, I'd be more than happy to mine profitably for four months only to trade up to a new gen device. That would still be a profit overall, even after paying for the new device, plus you still have the old one hashing all you like for another 8 months viably at least.

If you don't trade up as tech advances, you eventually get left behind anyway and will be forced to stop mining. Some will be happy with that, others, not so.

I think what is confusing people on the ROI, is that we are suddenly dealing with start-ups that have no money in the ASIC world.

We have been use to doing a rough calculation, going down the shop and buying the latest GPU, and starting mining. But now it's all changed, because the ASIC companies have no money, they have to go into this pre-order caper and accumulate funds to pay for the fabrication. That introduce the many month delays (in the case of BFL over a year) in the ROI calculations. This is a concept people can't get their heads around. Hopefully the ASIC companies will eventually work out better ways of funding their next generation products, like the GPU companies do, and announce product when it's ready to ship.
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July 14, 2013, 09:43:48 AM
 #3586

Just a little bit of info regarding KnC
They contact ckolivas and myself at the end of May regarding cgminer and related information.

They then stated they'd be sending (in July) mock up devices (with an internal RPi) for us to work with on cgminer, then in September the real (faster) devices to tune cgminer to.

I have, however, heard nothing since, but no doubt expect to hear something soon.

I'll keep everyone posted if anything happens Smiley
I've been waiting 5 days for a reply (to an email I sent Marcus and Sam) from KnC about their status ... still no response ...

Could it be that they do not want to answer you, until they have a exactade shipping date. To not lie.
But next Tuesday not have answer would be a bit worrying.

I do not want you to think I'm a Fanboy. I acknowledge the work done by ckolivas and you.

PsychoticBoy
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July 14, 2013, 12:18:36 PM
 #3587

Ordered a Mercury miner today, don`t let me down KNCminer  Wink
madsusies
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July 14, 2013, 12:25:19 PM
 #3588

Ordered a Mercury miner today, don`t let me down KNCminer  Wink
Do You find any info about expecting the delivery ? I got just one egg and there is a lot baskets Smiley idioms
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July 14, 2013, 12:33:25 PM
 #3589

I ordered a KnC Jupiter a while back. One thing I've been thinking abut recently: Are these miners likely to be safe to leave unattended? I mean....I do need to leave the house once in a while. I wouldn't want to come back from shopping to find my house has burnt down. Unattendance recommendations?
erk
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July 14, 2013, 01:01:00 PM
 #3590

I ordered a KnC Jupiter a while back. One thing I've been thinking abut recently: Are these miners likely to be safe to leave unattended? I mean....I do need to leave the house once in a while. I wouldn't want to come back from shopping to find my house has burnt down. Unattendance recommendations?

If they are certified they will be. If not, you takes your chances.

These kind of products are not pop up toasters, they are intended for people with a bit more hardware knowledge than the average consumer. I would suggest that no miner I have seen is consumer friendly, not even a GPU board, had many of those go up in smoke mining.


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July 14, 2013, 01:21:59 PM
 #3591

Just a little bit of info regarding KnC
They contact ckolivas and myself at the end of May regarding cgminer and related information.

They then stated they'd be sending (in July) mock up devices (with an internal RPi) for us to work with on cgminer, then in September the real (faster) devices to tune cgminer to.

I have, however, heard nothing since, but no doubt expect to hear something soon.

I'll keep everyone posted if anything happens Smiley
I've been waiting 5 days for a reply (to an email I sent Marcus and Sam) from KnC about their status ... still no response ...

Could it be that they do not want to answer you, until they have a exactade shipping date. To not lie.
But next Tuesday not have answer would be a bit worrying.

I do not want you to think I'm a Fanboy. I acknowledge the work done by ckolivas and you.
Could be.
But I really just asked for a status update coz we hadn't heard from them since the end of May.
They were also the ones who contacted us originally, not the other way around.

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
Phoenix1969
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July 14, 2013, 02:17:18 PM
 #3592

Just a little bit of info regarding KnC
They contact ckolivas and myself at the end of May regarding cgminer and related information.

They then stated they'd be sending (in July) mock up devices (with an internal RPi) for us to work with on cgminer, then in September the real (faster) devices to tune cgminer to.

I have, however, heard nothing since, but no doubt expect to hear something soon.

I'll keep everyone posted if anything happens Smiley
I've been waiting 5 days for a reply (to an email I sent Marcus and Sam) from KnC about their status ... still no response ...

Could it be that they do not want to answer you, until they have a exactade shipping date. To not lie.
But next Tuesday not have answer would be a bit worrying.

I do not want you to think I'm a Fanboy. I acknowledge the work done by ckolivas and you.
It's JULY in Sweden!  Why would you expect a fast answer?
READ MY LIPS.... Swedish Industrial Vacation.
Look it up.
I mentioned this, and warned people before about quick replies in July.
Don't expect quick replies in July.
Skeleton Crew.


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July 14, 2013, 02:28:03 PM
 #3593

I mentioned this, and warned people before about quick replies in July.
Don't expect quick replies in July.
Skeleton Crew.

Thank you ( http://en.wikipedia.org/wiki/Swedish_festivities#Summer )
pixl8tr
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July 14, 2013, 02:59:58 PM
 #3594


Yummmmy  Surströmming.   Grin

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July 14, 2013, 03:02:50 PM
 #3595

What the hell does this question mean?Huh   What???  Fire risk???  Please explain..



I ordered a KnC Jupiter a while back. One thing I've been thinking abut recently: Are these miners likely to be safe to leave unattended? I mean....I do need to leave the house once in a while. I wouldn't want to come back from shopping to find my house has burnt down. Unattendance recommendations?

If they are certified they will be. If not, you takes your chances.


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Hell?


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July 14, 2013, 03:09:11 PM
 #3596

What the hell does this question mean?Huh   What???  Fire risk???  Please explain..



I ordered a KnC Jupiter a while back. One thing I've been thinking abut recently: Are these miners likely to be safe to leave unattended? I mean....I do need to leave the house once in a while. I wouldn't want to come back from shopping to find my house has burnt down. Unattendance recommendations?

If they are certified they will be. If not, you takes your chances.


its an electronic, it has a fire risk. whats to explain?
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July 14, 2013, 03:14:58 PM
 #3597

What the hell does this question mean?Huh   What???  Fire risk???  Please explain..



I ordered a KnC Jupiter a while back. One thing I've been thinking abut recently: Are these miners likely to be safe to leave unattended? I mean....I do need to leave the house once in a while. I wouldn't want to come back from shopping to find my house has burnt down. Unattendance recommendations?

If they are certified they will be. If not, you takes your chances.


its an electronic, it has a fire risk. whats to explain?

It has the same fire risk as your desktop computer running GPU`s to mine.
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July 14, 2013, 03:19:23 PM
 #3598

I ordered a KnC Jupiter a while back. One thing I've been thinking abut recently: Are these miners likely to be safe to leave unattended? I mean....I do need to leave the house once in a while. I wouldn't want to come back from shopping to find my house has burnt down. Unattendance recommendations?

If they are certified they will be. If not, you takes your chances.

No, if they're not certified, they're in violation of innumerable import and local codes and regulations, just like both BFL and Avalon are in hot water with the German customs, and you won't have it in your house.  

Yes, overall, though, we all takes our chances in everything in life.  I don't know about other people, but I wear my tin foil hat to help deflect meteorites in case I get hit by one.
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July 14, 2013, 03:23:30 PM
 #3599

What the hell does this question mean?Huh   What???  Fire risk???  Please explain..



I ordered a KnC Jupiter a while back. One thing I've been thinking abut recently: Are these miners likely to be safe to leave unattended? I mean....I do need to leave the house once in a while. I wouldn't want to come back from shopping to find my house has burnt down. Unattendance recommendations?

If they are certified they will be. If not, you takes your chances.


its an electronic, it has a fire risk. whats to explain?

just common sense as with most electrical products..
eg. don't place news paper on top of unit.
     don't block air vents and/or fans
     don't let kids near them.

I think they better include a user manual stating risks and proper use of product
just to be on the safe side.
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July 14, 2013, 03:31:27 PM
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What the hell does this question mean?Huh   What???  Fire risk???  Please explain..



I ordered a KnC Jupiter a while back. One thing I've been thinking abut recently: Are these miners likely to be safe to leave unattended? I mean....I do need to leave the house once in a while. I wouldn't want to come back from shopping to find my house has burnt down. Unattendance recommendations?

If they are certified they will be. If not, you takes your chances.


its an electronic, it has a fire risk. whats to explain?

just common sense as with most electrical products..
eg. don't place news paper on top of unit.
     don't block air vents and/or fans
     don't let kids near them.

I think they better include a user manual stating risks and proper use of product
just to be on the safe side.

I hope they will be properly certified "CE". So at least if the house burns down, the insurance covers it.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
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