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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3008900 times)
s1gs3gv
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ex uno plures


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September 15, 2014, 05:58:23 PM
 #37781

This just in...

I just heard KnC is going to renege on their offer of a bonus Neptune.  That's right, KnC decided not to send out the bonus miner.  It's just tough luck for all those who expected one to arrive.  This story gets worse everyday.

KnC are crooks.

They don't have to re-neg on it, just mine with it until it is worthless then ship it.
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September 15, 2014, 06:00:13 PM
 #37782

I figure that LTC spike is large preferred KNC customers who got their machines first. The ones with the fully functional cores.
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September 15, 2014, 06:31:11 PM
 #37783

Titan is about to sale 1200 unit and mini is about 500 unit, I sort it before they introduce batch 2, btw have knc expose scrypt N hash power? Really interested.



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vesperwillow
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September 15, 2014, 07:23:09 PM
 #37784

Vesperwillow, I think those estimates are high. Very high. But I do appreciate the dark humor ...

Wink

Wasn't KNC's Titan 1st batch ~ 2500 machines ? I checked periodically to see how many were available and IMMSMC there were ~ 900 remaining when they introduced batch 2. So lets say 1st batch was 1600 * 300 mh/s == ~500 gh/s total for 1st batch.

Dunno how many minis were in batch 1. I always got the impression that they introduced the mini to try to get rid of some of the Titans they couldn't sell.


From what I remember awhile back:

Titan
Batch 1 (Sep delivery) was 2500 (which got sold out)
Batch 2 (Oct delivery) was 2500 (with some open right now)

Mini
Batch 1 (Sep delivery) was 1,200 I believe (which got sold out)
Batch 2 (Oct delivery) presuming same as above, but not sold out

There was rumor some elect folks got a special deal of Batch 1 Titans for cheaper than others and the quantity wasn't part of the 2500, but that's all speculative.

So in theory:
Batch 1
Titan = 2500 * 300 = 750gh
Mini = 1200 * 150 = 180gh
Subtotal: 930gh
20% overclock: 186gh
Potential: 1.1ph

Batch 2
Titan = 2500 * 400 = 1000gh
Mini = 1200 * 200 = 240gh
Subtotal: 1240gh
20% overclock: 248gh
Potential: 1.48ph

s1gs3gv
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ex uno plures


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September 15, 2014, 08:11:36 PM
 #37785

Still high by a factor of 1000 !

deca -> hecto -> kilo -> mega -> giga -> tera -> peta -> exa -> zetta -> yotta

today's factoid: The number of atoms in the entire observable universe is estimated to be within the range of 10^78 to 10^82, or more than a mega yotta yotta yotta

~L)L~
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September 15, 2014, 09:47:59 PM
 #37786

Vesperwillow, I think those estimates are high. Very high. But I do appreciate the dark humor ...

Wink

Wasn't KNC's Titan 1st batch ~ 2500 machines ? I checked periodically to see how many were available and IMMSMC there were ~ 900 remaining when they introduced batch 2. So lets say 1st batch was 1600 * 300 mh/s == ~500 gh/s total for 1st batch.

Dunno how many minis were in batch 1. I always got the impression that they introduced the mini to try to get rid of some of the Titans they couldn't sell.


From what I remember awhile back:

Titan
Batch 1 (Sep delivery) was 2500 (which got sold out)
Batch 2 (Oct delivery) was 2500 (with some open right now)

Mini
Batch 1 (Sep delivery) was 1,200 I believe (which got sold out)
Batch 2 (Oct delivery) presuming same as above, but not sold out

There was rumor some elect folks got a special deal of Batch 1 Titans for cheaper than others and the quantity wasn't part of the 2500, but that's all speculative.

So in theory:
Batch 1
Titan = 2500 * 300 = 750gh
Mini = 1200 * 150 = 180gh
Subtotal: 930gh
20% overclock: 186gh
Potential: 1.1ph

Batch 2
Titan = 2500 * 400 = 1000gh
Mini = 1200 * 200 = 240gh
Subtotal: 1240gh
20% overclock: 248gh
Potential: 1.48ph

Batch one did not get sold out, last i checked before they announced the batch two and discontinued the ability to check/order batch 1s they still had over 900 batch one units left.
RoadStress
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September 15, 2014, 09:51:36 PM
 #37787

So in theory:
Batch 1
Titan = 2500 * 300 = 750gh
Mini = 1200 * 150 = 180gh
Subtotal: 930gh
20% overclock: 186gh
Potential: 1.1ph

Batch 2
Titan = 2500 * 400 = 1000gh
Mini = 1200 * 200 = 240gh
Subtotal: 1240gh
20% overclock: 248gh
Potential: 1.48ph

Litecoin just saw a +16% increase in diff. Wtf?

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
AGcrypto
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September 15, 2014, 09:58:54 PM
 #37788

So in theory:
Batch 1
Titan = 2500 * 300 = 750gh
Mini = 1200 * 150 = 180gh
Subtotal: 930gh
20% overclock: 186gh
Potential: 1.1ph

Batch 2
Titan = 2500 * 400 = 1000gh
Mini = 1200 * 200 = 240gh
Subtotal: 1240gh
20% overclock: 248gh
Potential: 1.48ph

Litecoin just saw a +16% increase in diff. Wtf?

Well hopefully its just KNC doing 24 to 48 hour burn ins on the Titans they are done with and are ready to ship after their testing. Lol... One could hope.
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September 15, 2014, 10:38:03 PM
 #37789

full disclosure: I pre-ordered 2 tits.

Don't they usually come in pairs?  Cheesy
s1gs3gv
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ex uno plures


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September 15, 2014, 10:47:28 PM
 #37790

Batch one did not get sold out, last i checked before they announced the batch two and discontinued the ability to check/order batch 1s they still had over 900 batch one units left.

That is my recollection too
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September 15, 2014, 10:50:23 PM
 #37791

Well hopefully its just KNC doing 24 to 48 hour burn ins on the Titans they are done with and are ready to ship after their testing. Lol... One could hope.

Seriously now, these guys work 35 hour weeks and get 30 holidays/vaction days a year. Anyway Kurt denied the LTC spike was KNC on their forums.
Maybe it is … no, not Fibonacci, … no not Alpha-T, … no not Flowertech, maybe Zeus / GAW / VB / Bitmain / Spondooles ?

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September 15, 2014, 11:47:48 PM
 #37792


So in theory:
Batch 1
Titan = 2500 * 300 = 750gh
Mini = 1200 * 150 = 180gh
Subtotal: 930gh
20% overclock: 186gh
Potential: 1.1TH

Batch 2
Titan = 2500 * 400 = 1000gh
Mini = 1200 * 200 = 240gh
Subtotal: 1240gh
20% overclock: 248gh
Potential: 1.48TH

FTFY

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September 16, 2014, 01:15:48 AM
 #37793

I`m waiting for a refund for over 140 days
I had a real problem as my father needed a kidney transplant and asked for a refund on 30.04
Call them , explained them my problem , send them medical leather with the translation of my sister diagnostics and medical problem  (the whole family has health issue ) .
They did not refund me , is the same answer over and over again .
I`ve sent email requesting assistance to over 15 Swedish lawyer with no response .

This is the worst company I`ve ever encountered in EU.
I had enough .

Best
T
 
 

Hey, I just stopped back by on the KnC forum and saw that things have not got any better with the refunds.  This worked for me, but ymmv.  File a complaint form with ARN.  On their website, they have forms for english also.  Now I did receive email from them in swedish and had to translate it, but otherwise everything worked fine.  I just filled out the form, attached my invoice and copies of emails from KnC.  KnC waited until it was time for ARN to have a hearing and then refunded my money.  Good luck on your refund.


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September 16, 2014, 01:26:34 AM
 #37794

I`m waiting for a refund for over 140 days
I had a real problem as my father needed a kidney transplant and asked for a refund on 30.04
Call them , explained them my problem , send them medical leather with the translation of my sister diagnostics and medical problem  (the whole family has health issue ) .
They did not refund me , is the same answer over and over again .
I`ve sent email requesting assistance to over 15 Swedish lawyer with no response .

This is the worst company I`ve ever encountered in EU.
I had enough .

Best
T
 
 

Hey, I just stopped back by on the KnC forum and saw that things have not got any better with the refunds.  This worked for me, but ymmv.  File a complaint form with ARN.  On their website, they have forms for english also.  Now I did receive email from them in swedish and had to translate it, but otherwise everything worked fine.  I just filled out the form, attached my invoice and copies of emails from KnC.  KnC waited until it was time for ARN to have a hearing and then refunded my money.  Good luck on your refund.

  Perhaps you are referring to ARN Magnusson the Knight Templar?  I don't think he's been around since the 12th century...
Care to share a link to ARN? It would be greatly appreciated.
 ARN is also Arlanda Airport in Stockholm... still searching


Underbart!!  Here it is - http://www.arn.se/

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September 16, 2014, 05:25:48 AM
 #37795

I just whipped this little number up for possible use on a Neptune.

I am considering upping it to 16AWG and HCS pins but only if there is demand for it.



These little beauties did the trick, got my Neppy cubes running at full steam with ridiculous efficiency!  I'm pretty sure we'll order some of these (the upgraded hcs ones) for our Titan as well.  Hopefully they offer 2 or 3 for one on Titans because with Bitmain stepping up to scrypt mining with December delivery, I'm a little salty about not having them yet.

Please add more BTC here (my son will apprecciate it when he's older): 14WsxbeRcgsSYZyNSRJqEAmB1MKAzHhsCT
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September 16, 2014, 05:39:31 AM
 #37796

Maybe some big guy buy rest of batch 1 Titan and mini, I remember that day I'm sort my-cart and about to add second order of Titan and mini, page shows 12xx and 18xx, and when the time I back from my shower and decide to put order, knc was closed batch 1 already just few minutes time frame, so my understand there will not that much Titans release to market, or maybe knc close batch 1 just because there were some big man or group acquire their equipment at single huge order, and this could explain whole story.

And the 200G on LTC network, maybe just this group buyer starting to hashing and host by knc cloud, and this is anOther explanation for the phenomenon what we saw by yesterday.

Except knc there is still no such powerful miner release to market, all we need do is just wait our order to delivery, and that's also what we can do now, just waiting and do nothing, because it is true Titan is truly most powerful miner so far.

Well, business is business, after my further count and estimate, I could ROI 60% of my preorder during Titan's life span, with current LTC price, hopefully price not dropping more.



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Searing
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September 16, 2014, 05:39:47 AM
 #37797

Meanwhile somebody added 200 Gh/s to the litecoin network and Kurt says it wasn't KNC.


they have been selling HASHNET like there is NO limit and also ...so I heard...
... gawminers came thru on its 750mh scrypt miners 'virtual hashing' until they ship to beat knc..that started aug 25th I think it was
that would be a big dump....indeed

so supposedly they sold MORE then the Titan batches...that could be the reason for the jump in difficulty for LTC etc

(to think last summer I remembered when KNC gave a f*ck and would not allow themselves to be played and mocked by somebody like gawminers...I guess
enough money and the laughter is muted...you want much merriment and ego busting go to the gaw forums and announce you have a 1st batch Titan..if you
are lucky maybe from the laughter you can at least get somebody to cough up their lunch in hilarity at your misfortune)


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September 16, 2014, 12:45:32 PM
 #37798

Hey, I just stopped back by on the KnC forum and saw that things have not got any better with the refunds.

KNC have been acting like they have serious cash flow problems for quite a while now.
With the last two projects (Neptune and Titan) major failures, and their overpriced hashing contracts unlikely to be flying out the door, they are probably living hand to mouth on the new Series A funding and trying to push through a new 14mm SHA-256 design quickly.

The future doesn't look good for KNC.
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September 16, 2014, 01:15:29 PM
 #37799

Knc still need our money in 10nm miner, don't go 14nm, not improve their hashing power that much, just go 10nm, that will has signification enhancement.

The major problem of them is they shot on their foot, due to lack shipping and update information and so on, even through I love their product, I still don't understand why they are make us to heat them.



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samsonn25
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September 16, 2014, 01:30:44 PM
 #37800

I think at this point its almost impossible to build machines  to even positive ROI.

They would need to build under $330 for 1TH @.7 watts efficiency and .10 cents electricity just to break even.
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