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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3049460 times)
idee2013
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November 18, 2014, 10:49:10 PM
Last edit: November 19, 2014, 01:19:02 AM by idee2013
 #39201


i dont get it...have the miners to stay in the sun or what?
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joeventura
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November 19, 2014, 12:15:36 AM
 #39202


Burn down your home/data center/jungle hut 10 times faster with SOLAR!!!

TAKE MY MONEY!!!
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November 19, 2014, 03:13:39 AM
 #39203

in planning to recycle jupiter parts very soon i am interested in the shell/case material composition.  (exact, not guessed)




 Aluminum case.
Zelek Uther
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November 19, 2014, 03:50:37 AM
 #39204


10 times efficiency and no open sell, they could command 50% of hash power, getting dangerous, hope other manufacturers could follow up on lower process nodes
KnCMiner web site is currently down, so can't find more details there.

I'm a bit miffed that I found out about this from CoinDesk rather than by an email from KnCMiner. Are they not offering their 3rd gen SHA256 hardware to consumers?

Run a Bitcoin node, support the network.
Unacceptable
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November 19, 2014, 04:22:24 AM
 #39205

Their "New ASIC" will not be available for public purchase,it's for them to mine BTC dry  Roll Eyes

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
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November 19, 2014, 04:42:01 AM
 #39206

Their site is back up but I'm not finding any new information regarding the above.

https://www.kncminer.com/news/news-118

This may be a dumb question, but what node size are the Titan chips?

"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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November 19, 2014, 04:55:42 AM
 #39207

On another note, I'm trying 1.11 on my Titan now.  For those who can't find it, the download link is:

https://github.com/KnCMiner/titan/releases/download/v1.11/titan-upgrade-1.11.bin

Installing the update seemed to finally kill the included MicroSD card.  It's now full of bad blocks.  Gotta love seeing a message like this:

Quote from: fsck.ext4
Block 1 in the primary group descriptors is on the bad block list

If the block is really bad, the filesystem can not be fixed.
You can remove this block from the bad block list and hope
that the block is really OK.  But there are no guarantees.

Fortunately I had previously taken a backup of the card.  I dd'd it onto a Transcend 32gb class 10 card I had laying around, installed the 1.11 update on top of it, and now it's running once again.

So far it's running fine 4.5 hours later.  I'll see how it does overnight.

"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
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November 19, 2014, 07:36:05 AM
 #39208

Guys!!!! Some1 Help me pleeeeease
I bought my 3 KNC Titans in june, but they just got produced today, after several months, and the LTC is already in 90USD/day with the 3 machines, what could i do???
Does the Titan mine Scrypt-N?
And what is the hash for that???
Can someone send me a tutorial for setup?
I am going to pick them in sweden next week...
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November 19, 2014, 10:13:50 AM
 #39209


Burn down your home/data center/jungle hut 10 times faster with SOLAR!!!

TAKE MY MONEY!!!

Coming soon to a KfC near you! 'The Test Wafer MkII' bitcoin mining machine. You liked our 'Test Wafer Miner MKI 'Neptune'? Then mortgage your home and pre-order now!!"

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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November 19, 2014, 10:30:08 AM
 #39210

KnCMiner web site is currently down, so can't find more details there.

I'm a bit miffed that I found out about this from CoinDesk rather than by an email from KnCMiner. Are they not offering their 3rd gen SHA256 hardware to consumers?

You shouldn't be. KnC announced that they will end their sales towards customers and they will focus on their own big farm AFTER THEY HAVE DECLARED THAT THEY WILL NOT DO IT!

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let's have some fun


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November 19, 2014, 10:49:13 AM
 #39211

This reads like there will be pre-orders again, no ?!

However, due to a rapidly shifting landscape within the mining industry we're not able to announce single hardware products in the Solar range for online purchasing just yet.

Whoever sends them money this time, deserves it to be financially raped.

..and Thou shalt spread the coin in the name of cryptography for eternity
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November 19, 2014, 12:36:43 PM
 #39212

Guys!!!! Some1 Help me pleeeeease
I bought my 3 KNC Titans in june, but they just got produced today, after several months, and the LTC is already in 90USD/day with the 3 machines, what could i do???
Does the Titan mine Scrypt-N?
And what is the hash for that???
Can someone send me a tutorial for setup?
I am going to pick them in sweden next week...

KNC said it would mine Scrypt-N, but it doesn't yet do so.. In short my opinion is you gave them a loan with better terms than any bank would have since you are getting three machines which you could buy on ebay today for $3,500-4,000 each and they are not even worth that much in terms of ROI.

1CPi7VRihoF396gyYYcs2AdTEF8KQG2BCR
https://www.bitworks.io
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ex uno plures


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November 19, 2014, 12:51:50 PM
 #39213



This may be a dumb question, but what node size are the Titan chips?

28nm
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November 19, 2014, 12:58:48 PM
 #39214

I am sure I read somewhere Knc are stopped making hardware due to huge customer complaints

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November 19, 2014, 01:04:19 PM
 #39215

KnCMiner is going to stop selling miners to “unhappy customers” and will instead focus on mining themselves. Hot on the heels of Magnus Daar Esq. of Nova, a law firm based in Sweden, stating that KnC’s actions might hurt Sweden’s reputation for other Swedish companies, KnC’s co-founder Sam Cole has admitted to closed and less-than-honest business dealings with former KnC customers. Here is his quote from his interview with Niclas Rolander of Bloomberg:

“When we don’t have these customers buy our hardware it becomes a different business model. It becomes much easier, much more open, much more honest,” Cole said in a phone interview. “There’s still going to be $2 billion, at today’s price, mined in the next few years. That’s a lot of cash that’s up for grabs, and we’re going to do our best to take a decent chunk of it.”

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November 19, 2014, 01:25:07 PM
 #39216

Buying a Titan is like paying $10000 for a babysitting job that pays $25 a day
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November 19, 2014, 03:15:26 PM
 #39217

Guys!!!! Some1 Help me pleeeeease
I bought my 3 KNC Titans in june, but they just got produced today, after several months, and the LTC is already in 90USD/day with the 3 machines, what could i do???
Does the Titan mine Scrypt-N?
And what is the hash for that???
Can someone send me a tutorial for setup?
I am going to pick them in sweden next week...
  are you kidding?


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November 19, 2014, 03:16:29 PM
Last edit: November 19, 2014, 03:27:30 PM by Phoenix1969
 #39218

KnCMiner is going to stop selling miners to “unhappy customers” and will instead focus on mining themselves. Hot on the heels of Magnus Daar Esq. of Nova, a law firm based in Sweden, stating that KnC’s actions might hurt Sweden’s reputation for other Swedish companies, KnC’s co-founder Sam Cole has admitted to closed and less-than-honest business dealings with former KnC customers. Here is his quote from his interview with Niclas Rolander of Bloomberg:

“When we don’t have these customers buy our hardware it becomes a different business model. It becomes much easier, much more open, much more honest,” Cole said in a phone interview. “There’s still going to be $2 billion, at today’s price, mined in the next few years. That’s a lot of cash that’s up for grabs, and we’re going to do our best to take a decent chunk of it.”
exactly

This will stop 90% of the pre-order whiners that don't know about the Q/1-Q/2 DISHONEST delivery quotes, because they ALWAYS ship the first machine on the last possible day, with or without working firmware.
Over a year ago, a couple well-known Trolls refused to believe KNC started working with AllChip on 16NM FinFet technology, and that the first ones would be rolling out in January... ahem... March 31st.   What do you think now?


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November 19, 2014, 03:23:43 PM
 #39219

If you guys are even remotely excited about this Solar crap then and are thinking of giving these jackasses more money then you truly deserve to get your asses burned. 1983 pages of proof must not be enough, so please, keep believing.
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November 19, 2014, 03:39:13 PM
 #39220

Guys!!!! Some1 Help me pleeeeease
I bought my 3 KNC Titans in june, but they just got produced today, after several months, and the LTC is already in 90USD/day with the 3 machines, what could i do???
Does the Titan mine Scrypt-N?
And what is the hash for that???
Can someone send me a tutorial for setup?
I am going to pick them in sweden next week...

My warmest condolences.
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