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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3046303 times)
Phoenix1969
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July 18, 2014, 04:11:46 AM
Last edit: July 18, 2014, 04:26:17 AM by Phoenix1969
 #36841

How do the recent refunds fit in the picture of the allegations that KNC was holding back refunds due to the BTC price not being profitable?
Uuuuhhh.....   Pure speculation?
Totally irrelevant I'm thinking, because they stated(boasting) in an interview that they were careful to cash all Bitcoin every day. (A million kronor/day months ago)
In which case, the CURRENT value of BTC at any one time is irrelevant.  

Who knows the REAL reasons for that....?  KNC does... but I'm betting they may have spent a bit too much on the datahall, and paid out profits to investors too soon... and had to have 12000 stupid cubes made at the last minute because of underperforming chips...  or something along those lines. Add that to shooting yourself in the foot several times with the announcements like "Plan B", spondoolies and Bitmain competition... and others = Refund rush in waves that simply couldn't be satisfied.


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July 18, 2014, 09:07:44 AM
 #36842

has anyone got any idea when batch 2 will begin to be dispatched , unsurprisingly knc are mute on the matter?
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July 18, 2014, 11:06:41 AM
 #36843

How do the recent refunds fit in the picture of the allegations that KNC was holding back refunds due to the BTC price not being profitable?

Not really because I got a refund 2 days ago in the middle of a 7 day drop down to $615

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July 18, 2014, 11:32:24 AM
 #36844

looks like phonie is still working hard to keep his critics muffled despite his repeated false claims of 'ignoring' them

like i said - i've thought on more than one occasion that its done intentionally, perhaps to disguise other less 'quirky' objectives.
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July 18, 2014, 05:53:42 PM
Last edit: July 19, 2014, 05:34:16 AM by Phoenix1969
 #36845

has anyone got any idea when batch 2 will begin to be dispatched , unsurprisingly knc are mute on the matter?
Most likely September 30th (last day of q3) if they still don't use Astro-glide....  anything sooner would be a shocking surprise.

eh, Biffa...  agreed... Removed my loving response to just let their Karma shine through.






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July 18, 2014, 08:31:17 PM
 #36846

was thinking about an alternative to the KnC "box" design ...

Here's a simple open design, having the boards sitting above the base more than they are now, as well have the base itself raised off what ever its put on with venting underneath ...

suggestions ...? Roll Eyes

http://imgur.com/z1b1dJw


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July 18, 2014, 08:44:57 PM
Last edit: July 18, 2014, 10:38:32 PM by Phoenix1969
 #36847

was thinking about an alternative to the KnC "box" design ...

Here's a simple open design, having the boards sitting above the base more than they are now, as well have the base itself raised off what ever its put on with venting underneath ...

suggestions ...? Roll Eyes

http://imgur.com/z1b1dJw


Looks great...    I'm sure everyone would rather of had something like that.
I think the only reason we have the "Cubes" is because they needed to be sure they could deliver over 3Th/s, and whatta mess!

*I'd like to see a 10Th/s,  15pcb, watercooled box with its own psu's, and wifi   Grin  
...but I'm guessing they may not sell another unit beyond Batch 3... "Wild guess".
They may decide to just produce boards for themselves from now on, filling a few more Boden facilities up...who knows.
It may depend on BTC price a bit as well...  if the price should suddenly double or something, and stabilize...
Hard to guess what they're actual cost of producing a Neppy is, where the cut-off point is for maintaining a profit margin on sales.
"How low can they go?"


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July 18, 2014, 10:37:27 PM
 #36848

...
*I'd like to see a 10Th/s  15pcb box with its own psu's, and wifi   Grin  
...but I'm guessing they may not sell another unit beyond Batch 3... "Wild guess".

Neptune is the last planet of the solar system.
Next sha256 product will be for the big boys, only.
THE MILKYWAY
1 PH/s
16nm Technology
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Price: $2,000,000
Shipping: $185,000
Delivery: 2015/2016
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Then in 2017 when most of them are being shipped, customers report fires again,
but now serious ones (draws again too much power through the only plug available).. Roll Eyes


*edit:
ok it might be called UrAnus, since they named before the bigger one Jupiter and the smaller one Saturn

..and Thou shalt spread the coin in the name of cryptography for eternity
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July 19, 2014, 01:47:12 AM
 #36849

This is getting serious Smiley
https://hashtrader.com/t/my-knc-commitment/3222

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July 19, 2014, 02:27:10 AM
 #36850

...
*I'd like to see a 10Th/s  15pcb box with its own psu's, and wifi   Grin  
...but I'm guessing they may not sell another unit beyond Batch 3... "Wild guess".

Neptune is the last planet of the solar system.
Next sha256 product will be for the big boys, only.
THE MILKYWAY
1 PH/s
16nm Technology
PSU and WiFi included
Price: $2,000,000
Shipping: $185,000
Delivery: 2015/2016
*Non-Refundable




Then in 2017 when most of them are being shipped, customers report fires again,
but now serious ones (draws again too much power through the only plug available).. Roll Eyes


*edit:
ok it might be called UrAnus, since they named before the bigger one Jupiter and the smaller one Saturn

I'll buy 1000 right now...preorder Cheesy gimme gimme...i wish Sad not that i could buy preorder but i had nuff money to do it Grin

Dreams of cyprto solving everything is slowly slipping away...Replaced by scams/hacks Sad
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July 19, 2014, 04:52:45 AM
 #36851

was thinking about an alternative to the KnC "box" design ...

Here's a simple open design, having the boards sitting above the base more than they are now, as well have the base itself raised off what ever its put on with venting underneath ...

suggestions ...? Roll Eyes

http://imgur.com/z1b1dJw




but the individual cube design by KNC is for easy quick swap into their data center (the first one)
I bet if you look at the boards the holes mounting the card to the metal base is the same as for the
jupiter setup ...for easy addition to the data hall......

heh....where do you think the other half of the Neptunes  in the que to KNC are going ...heh  surely not 'customers' Smiley



Searing

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July 19, 2014, 04:55:11 AM
 #36852

4 neptunes rocking pic: http://instagram.com/p/qno9H4QqnY/

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July 19, 2014, 04:57:50 AM
 #36853


er crap....likely on repeated points to this post to KNC it will just be ignored...I mean KNC has a "no refund" policy so no great loss
to them to ignore the above...but with the above GAW Vaultbreaker ...they offer refunds...so whatever you want to say he
has put his money where his mouth is ..ie big brass ones...got to respect that

anyway Titan (due to no refunds) is likely it for me...i find www.coinbase.com much more 'soothing' lately ....

getting tired of the 'mining' drama esp since it is all gonna go 'corporate' anyway

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!:)
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July 19, 2014, 05:24:49 AM
Last edit: July 19, 2014, 05:46:29 AM by Phoenix1969
 #36854

4 neptunes rocking pic: http://instagram.com/p/qno9H4QqnY/
I only see 4/5ths of a single Neptune...  you thought you got four Neptunes?  Where's the 5th cube?
.... or the other 3&1/5ths neptunes?

*The pci plug in your pic is dangerous... use the other plug, closest to the psu with shortest length ... no extensions  The 16awg wire there at the splice could catch fire. 290 watts is far beyond 16awg's spec limits... and a splice like that is "scary"   just sayin'    You may even get better hashrate if you are below 3.4th/s by much. "Starving" the cubes at startup results in dead asics/vrm's. Maximizing available current at boot is critical.  Good luck.


was thinking about an alternative to the KnC "box" design ...

Here's a simple open design, having the boards sitting above the base more than they are now, as well have the base itself raised off what ever its put on with venting underneath ...

suggestions ...? Roll Eyes

http://imgur.com/z1b1dJw




but the individual cube design by KNC is for easy quick swap into their data center (the first one)
I bet if you look at the boards the holes mounting the card to the metal base is the same as for the
jupiter setup ...for easy addition to the data hall......

heh....where do you think the other half of the Neptunes  in the que to KNC are going ...heh  surely not 'customers' Smiley



Searing

90 degrees opposite way the holes are...  but yeah...  I can just imagine the wiring mess in the data-hall now....  Grin

l



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btc_uzr
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let's have some fun


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July 19, 2014, 06:51:45 AM
 #36855


Server is currently unavailable.
Google chache: http://webcache.googleusercontent.com/search?q=cache:v_NA32THvisJ:https://hashtrader.com/t/my-knc-commitment/3222+&cd=1&hl=de&ct=clnk&gl=de

gaw_ceo at July 18th, 2014 20:54 — #1

I want to make something clear about our VaultBreakers.

There is NO scenario where I will allow KNC to beat us to market. If, by some miracle, they happen to be ready to ship before us. I will use my data center to spin up all your VaultBreakers until they are ready to be shipped (assuming they are shipped units)

Again, there is no way I will allow them to deliver hashing power before we deliver to our customers. This is my commitment to all VB customers. Please spread the word.

Scrypt Mining is my house, and I will not be beat in my own house smile

Josh- CEO

..and Thou shalt spread the coin in the name of cryptography for eternity
Searing
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July 19, 2014, 07:31:06 AM
 #36856


Server is currently unavailable.
Google chache: http://webcache.googleusercontent.com/search?q=cache:v_NA32THvisJ:https://hashtrader.com/t/my-knc-commitment/3222+&cd=1&hl=de&ct=clnk&gl=de

gaw_ceo at July 18th, 2014 20:54 — #1

I want to make something clear about our VaultBreakers.

There is NO scenario where I will allow KNC to beat us to market. If, by some miracle, they happen to be ready to ship before us. I will use my data center to spin up all your VaultBreakers until they are ready to be shipped (assuming they are shipped units)

Again, there is no way I will allow them to deliver hashing power before we deliver to our customers. This is my commitment to all VB customers. Please spread the word.

Scrypt Mining is my house, and I will not be beat in my own house smile

Josh- CEO

http://www.gawminers.com/zencloud/

the guy is serious..look at his cloud hashing option on orders vs shipping ...ie you mine from the day you buy it ....if/when you tell him to ship it

he is aggressive....calling out knc by name not 'our competitors' again 'big brass ones'

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!:)
Phoenix1969
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July 19, 2014, 08:10:28 AM
 #36857

 ...... but his name is "Josh", and that just scares me Shocked


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Searing
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July 19, 2014, 09:43:34 AM
 #36858

...... but his name is "Josh", and that just scares me Shocked

the poor unfortunate fellow.....would be hell on KNC right now if they allowed refunds on the first batch
Titans esp since NO CLEAR (ie announcement) that the 1st batch will be 400mh like the 2nd batch..still stated at 300mh

if I could get a refund and only had 3 choices I would do the following with my 10,131.80 Titan refund as follows:

1) use it all to just buy BTC (www.coinbase.com..relaxing no drama or BFL/KNC flashbacks after you hit the pre-order button to whomever)

2) Could get 3 of the mini vaults @ 375mh in q3/early q4 so total of 1125mh for an additional  $1,253.20 usd and could refund up to 14 days before shipping
    (shipping is free) again the q3/q4 is an issue but not if you can refund up to 2 weeks before shipping and that is (for the above additional... amount added to the Titan
    refund......
    IF AS THEY CURRENTLY STATE the 1st batch Titan will be 300mh well that is (for your $1,253.20 usd extra) 3.75 times the hash...but again the kicker
    is being able to refund up to 14 days before shipping heh ...silly newbies....KNC used to do that before moving to the dark side of the asic/ph farm force...

3) Double down and get 2 750 mh units from GAW for 1500mh for $13990.00 usd or 3,585.00 usd more with your mthyical Titan refund
   or 5x the hashing power of a batch 1 knc Titan again these units come with free shipping to the USA....

Anyway arms race that all this is.....1) is probably the wise bet.... just buy BTC on www.coinbase.com ..this arms race is a bit ugly imho.


But refunds shipping free....cloud hashing for .10kwh plus 10% elec costs and you can cancel anytime and have your miner shipped to you

yeah GAW miners is being a bit aggressive it seems

(shouts in forum....asic fight asic fight ...'fight club")

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!:)
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July 19, 2014, 10:38:31 AM
 #36859

...... but his name is "Josh", and that just scares me Shocked

the poor unfortunate fellow.....would be hell on KNC right now if they allowed refunds on the first batch
Titans esp since NO CLEAR (ie announcement) that the 1st batch will be 400mh like the 2nd batch..still stated at 300mh

if I could get a refund and only had 3 choices I would do the following with my 10,131.80 Titan refund as follows:

1) use it all to just buy BTC (www.coinbase.com..relaxing no drama or BFL/KNC flashbacks after you hit the pre-order button to whomever)

2) Could get 3 of the mini vaults @ 375mh in q3/early q4 so total of 1125mh for an additional  $1,253.20 usd and could refund up to 14 days before shipping
    (shipping is free) again the q3/q4 is an issue but not if you can refund up to 2 weeks before shipping and that is (for the above additional... amount added to the Titan
    refund......
    IF AS THEY CURRENTLY STATE the 1st batch Titan will be 300mh well that is (for your $1,253.20 usd extra) 3.75 times the hash...but again the kicker
    is being able to refund up to 14 days before shipping heh ...silly newbies....KNC used to do that before moving to the dark side of the asic/ph farm force...

3) Double down and get 2 750 mh units from GAW for 1500mh for $13990.00 usd or 3,585.00 usd more with your mthyical Titan refund
   or 5x the hashing power of a batch 1 knc Titan again these units come with free shipping to the USA....

Anyway arms race that all this is.....1) is probably the wise bet.... just buy BTC on www.coinbase.com ..this arms race is a bit ugly imho.


But refunds shipping free....cloud hashing for .10kwh plus 10% elec costs and you can cancel anytime and have your miner shipped to you

yeah GAW miners is being a bit aggressive it seems

(shouts in forum....asic fight asic fight ...'fight club")

Searing




With an best return across multiple alt scrypt coins of 0.0007 BTC/mh/day I'm not planning on expanding my scrypt farm any time soon.

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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July 19, 2014, 11:55:03 AM
 #36860

...... but his name is "Josh", and that just scares me Shocked

the poor unfortunate fellow.....would be hell on KNC right now if they allowed refunds on the first batch
Titans esp since NO CLEAR (ie announcement) that the 1st batch will be 400mh like the 2nd batch..still stated at 300mh

if I could get a refund and only had 3 choices I would do the following with my 10,131.80 Titan refund as follows:

1) use it all to just buy BTC (www.coinbase.com..relaxing no drama or BFL/KNC flashbacks after you hit the pre-order button to whomever)

2) Could get 3 of the mini vaults @ 375mh in q3/early q4 so total of 1125mh for an additional  $1,253.20 usd and could refund up to 14 days before shipping
    (shipping is free) again the q3/q4 is an issue but not if you can refund up to 2 weeks before shipping and that is (for the above additional... amount added to the Titan
    refund......
    IF AS THEY CURRENTLY STATE the 1st batch Titan will be 300mh well that is (for your $1,253.20 usd extra) 3.75 times the hash...but again the kicker
    is being able to refund up to 14 days before shipping heh ...silly newbies....KNC used to do that before moving to the dark side of the asic/ph farm force...

3) Double down and get 2 750 mh units from GAW for 1500mh for $13990.00 usd or 3,585.00 usd more with your mthyical Titan refund
   or 5x the hashing power of a batch 1 knc Titan again these units come with free shipping to the USA....

Anyway arms race that all this is.....1) is probably the wise bet.... just buy BTC on www.coinbase.com ..this arms race is a bit ugly imho.


But refunds shipping free....cloud hashing for .10kwh plus 10% elec costs and you can cancel anytime and have your miner shipped to you

yeah GAW miners is being a bit aggressive it seems

(shouts in forum....asic fight asic fight ...'fight club")

Searing



I'm beginning to like this fight club. Josh really wants to win the race and if you're a potential buyer there's nothing better from a fierce competition between between sellers.
This just means better deals for us Cheesy

If you're scared of Josh check this out: http://www.ourbabynamer.com/Josh-name-popularity.html
In the 80's there were over 300 of them born in the US every year. You could make a whole army out of ~30 year old Joshes! Cheesy


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