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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007988 times)
Bitcoinorama
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August 03, 2013, 12:29:15 AM
 #4861

Are you clueless? They have no devices..

Ok, you're a troll, night.

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plasmoske
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August 03, 2013, 12:30:50 AM
 #4862

Too many assumptions in here... as usual.
erk
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August 03, 2013, 12:36:47 AM
 #4863

Too many assumptions in here... as usual.

Most of the posts here are from trolls, the real people interested in KNCminer are mainly reading not posting. Same with the Avalon and BFL threads.
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August 03, 2013, 12:37:43 AM
 #4864

Are you clueless? They have no devices..

Ok, you're a troll, night.

Calm down, Jesus.  He is just talking about using the KnC pool. Also, BTCGuild does in fact sell hardware, block erupters.

Mendacium
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August 03, 2013, 12:39:30 AM
 #4865

Are you clueless? They have no devices..

Ok, you're a troll, night.

But do they have devices? Can I see a pic? No offense, but if they don't have a working prototype now, they're at least 2 months away from delivery. Let's see my prediction, KnC won't ship in September more than 5 devices.

Also running a mining pool require an expertise, sorry but ASIC expertise isn't a requirement.
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August 03, 2013, 12:39:34 AM
 #4866

Too many assumptions in here... as usual.

No around the time of pre-orders he was claiming to have ordered a few devices on credit card, maxing himself out. Go have a look in the thread.

I was advising him not to get into debt at the time. He was laughing off which I thought was odd. Troll.

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August 03, 2013, 12:43:09 AM
 #4867

Too many assumptions in here... as usual.

Most of the posts here are from trolls, the real people interested in KNCminer are mainly reading not posting. Same with the Avalon and BFL threads.


Thanks for that.   If it wasn't for the people posting, you'd have no reason to come here.  KNC posts the information you need on their news section.
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August 03, 2013, 01:51:51 AM
 #4868

I did buy devices. I just think it's dumb to use their pool. I'm not hosting either. Would you buy turkey from your oven manufacturer?

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erk
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August 03, 2013, 01:57:04 AM
 #4869

Too many assumptions in here... as usual.

Most of the posts here are from trolls, the real people interested in KNCminer are mainly reading not posting. Same with the Avalon and BFL threads.


Thanks for that.   If it wasn't for the people posting, you'd have no reason to come here.  KNC posts the information you need on their news section.

Yeah, and who started the thread pray tell? It was KNC and they have done like 50 posts.

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August 03, 2013, 01:58:20 AM
 #4870

I did buy devices. I just think it's dumb to use their pool. I'm not hosting either. Would you buy turkey from your oven manufacturer?

Pahaha, ok that made me snort tea out my nose. I see your point, but let's just see if it fits with the whole keeping customer ROI in the forefront of their minds mantra, as promised. They may well put together a compelling package...

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eve
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August 03, 2013, 01:58:52 AM
 #4871

Why would you even use their pool?
Use a real pool or run your own p2pool node.

The first reply from KNC regarding enabling NMC merge mining within the KNC pool was that the miners only support BTC.   I did my best to explain where this configuration was set and tried to further explain that this is not a hardware change. 

I asked them to forward the question to the operator of the pool if they knew that at this time-- if not we can revisit this later this month.

No response from byteminr yet.



use a "real" pool?  how do you define "real"?  KNC will have a huge chunk of hashing power.

I believe the level of trust for a pool run and managed by KNC would be higher than a pool managed by an anonymous person.  It's possible that the pool operator could skim coins.   I would hope the KNC pool would be protected against DDOS attacks and other breach attempts.  The fees are 1.5% which are lower than other available pools.   The pool will should also be monitored by the hosting facility for 99.9% up-time.

The previous question about merge mining not available on stratum,  I believe this is not the case.  BitMinter uses merge mining and statum but yes, they also have getwork.

If the pool has a "huge chunk of hashing power" that's a problem ... if it's a "moderate chunk" then it isn't.

If the devices are even 100GH/s, using getwork would be bad since ... well this has been discussed over and over, go read up about it Tongue
But simply, once you get around 500GH/s and more, it's a risk to lose blocks on the network using getwork - which gets higher the more people who are doing this (read up about roll-n-time)

Stratum does not stop merged mining, it's simply a question of implementing it.

... and who are these so called "anonymous person" managing pools?
Yes there are a lot of small anonymous pools, and yes avoid them, but unless you're a noob around bitcoin, you would know well that there are indeed quite a few pools with VERY well known operators ... however ...

Is it some pool run by one of the well known names in KnC (well there are only a few well known names in KnC) or is it run by some anonymous person no one has heard of ...

If KnC says officially: We back this pool and we will cover the losses if the person running the pool does a runner, then yep that's OK, but until then, it is exactly as you describe "a pool managed by an anonymous person"

Appreciate your comments. KNC wants to make money on every part of the game. They make a ton of money selling the miners, and hosting the miners.
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August 03, 2013, 03:55:59 AM
 #4872

If all these posts disappear, note that the fact they are whining on and on about BFL, that is not the topic of the thread, will point out why ...

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
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August 03, 2013, 04:12:18 AM
 #4873

Kano, has KNC contacted you at all? Or are you under a NDA??

noobie just wondering. thanks.
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August 03, 2013, 04:21:51 AM
 #4874

There are a few conclusions we can draw from those disturbing pictures.

1. Sam is a really nice person who tries to be amicable with everyone including dirtbags, like Josh and Avalon.

2. He befriended them, so he could pee in their drinks, hence his big grin.

Or the dreaded

3. He's going to hope on the delay train.



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August 03, 2013, 04:22:24 AM
 #4875

Kano, has KNC contacted you at all? Or are you under a NDA??

noobie just wondering. thanks.
'We' have had 5 back and forth emails over the past month and are awaiting their response to the last one a day ago.
You will be glad, however, to know that I didn't send it, ckolivas did, who, as we all know, can be less abrasive than me Smiley

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August 03, 2013, 04:45:12 AM
 #4876

Kano, thanks for the reply. Any chance you can tell us what that email to KnCMiner was all about?
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August 03, 2013, 06:19:28 AM
 #4877

For all the positive spin of KNC

Here is a place to put your faith in them if you truly believe !!!

http://bitbet.us/bet/472/kncminer-will-deliver-asic-devices-before-october-1st/

You can get ~ 2:1 odds paid out if you believe KNC can deliver before October !!!

After really not being engaged with KNC & their ASIC project...after reading for the last 2 hours I really doubt they can deliver and the previous happy happy joy joy pictures are after Josh explains to KNC that you dont really have to deliver anything within any real time frames

Thats why they are in a group hug  Grin

...lolz


OBJECT NOT FOUND
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August 03, 2013, 06:43:01 AM
 #4878

For all the positive spin of KNC

Here is a place to put your faith in them if you truly believe !!!

http://bitbet.us/bet/472/kncminer-will-deliver-asic-devices-before-october-1st/

You can get ~ 2:1 odds paid out if you believe KNC can deliver before October !!!

After really not being engaged with KNC & their ASIC project...after reading for the last 2 hours I really doubt they can deliver and the previous happy happy joy joy pictures are after Josh explains to KNC that you dont really have to deliver anything within any real time frames

Thats why they are in a group hug  Grin

...lolz

Good luck.

All,

I would like to say that EVERYTHING that needs to be done at this point in time for a September delivery has indeed been done.
We are on track for delivery and we know of nothing currently to the contrary.

There is not a single part in our systems that has a longer delivery time than the time we still have available.

Yes that does imply that things that don’t need to be ordered yet have not been ordered. The reason behind that is we simply don’t need to order them yet, We do  have contracts with all suppliers we need to have contracts with Those contracts contain delivery times and the associated order dates by which we must confirm the amounts (and of course pay).

I hope this removes confusion

KnCMiner

Hi Guys

We would like to say that. Yes....we did tape-out of the ASIC some time ago. The exact details of the ASIC schedule, volumes, vendor etc. is kept internal since it's very sensitive information towards competitors. The product development tasks are on-track."

We are still on schedule to begin shipping in September.

Thanks
KnCMiner Team

Democracy is the original 51% attack.
Anenome5
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August 03, 2013, 06:46:37 AM
 #4879

Did you guys notice that KNC bid on all 7 advertising slots on this forum a few days ago:

7 @ 5

Democracy is the original 51% attack.
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August 03, 2013, 07:03:07 AM
 #4880

So is it too late for me to pull a refund from BFL and instead invest it into KnC? =/

As of now, it highly seem unlikely I'll receive my miners from BFL by Q1 2014, let alone October which is KnC's "projected" date.  If I made a purchase now with KnC, will I be able to get something before the end of this year?
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