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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3008475 times)
MrHempstock
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August 30, 2013, 03:13:51 AM
 #7681

There's an old joke about NASA developing a pen that works in outer space, while the crude, clueless Russians used pencils.

I've been rocking the Fisher Space Pen™ since 5th grade!

If they shipped in October you will have massive competition and difficulty. Hashfast promise on October 20th and theirs is only $14 per gh/s 28nm technology compares to $17.50 from KNC. Bitfury 56nm is guarantee also going to be out in October. That will be a great Oktoberfest.

Hashing power from HF is going to be enormous, with the purchase from their IPO plus the purchase from their customers.

So pray that Knc can deliver in Early September or we will all be fried and roasted. Better still hit your Refund and get it done with.

Thank you for making that ignore click a much simpler choice and feel free to continue lowering the Gross Domestic IQ.

BTCitcointalk 1%ers manipulate the currency and deceive its user community.
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Beta-coiner1
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August 30, 2013, 03:29:47 AM
 #7682

With Hashfast indiciating they 'taped' out it makes me wonder when the ASICs for KNC will finally arrive to get this whole thing finally rolling on their end.I think this is actually healthy competition between the two companies.

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August 30, 2013, 03:40:55 AM
 #7683

With Hashfast indiciating they 'taped' out it makes me wonder when the ASICs for KNC will finally arrive to get this whole thing finally rolling on their end.I think this is actually healthy competition between the two companies.

We wonder when? Bitfury has shipped out their 400Gh/s Miner the last week, when is KnC Miner turn? We All Wonder When? When? Are we going to get a Full Load of excuses from KnC, blame it on the Fab, the delivery, the yield, parts, the suppliers, blame everyone Except themselves.
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August 30, 2013, 04:16:57 AM
 #7684

With Hashfast indiciating they 'taped' out it makes me wonder when the ASICs for KNC will finally arrive to get this whole thing finally rolling on their end.I think this is actually healthy competition between the two companies.

We wonder when? Bitfury has shipped out their 400Gh/s Miner the last week, when is KnC Miner turn? We All Wonder When? When? Are we going to get a Full Load of excuses from KnC, blame it on the Fab, the delivery, the yield, parts, the suppliers, blame everyone Except themselves.
Keep wondering, and not reading, we love that.


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demonmaestro
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August 30, 2013, 04:36:17 AM
 #7685

well lets just say this we got roughly 32 days to tell. LETS hope they are good on there word.

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plasmoske
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August 30, 2013, 05:57:02 AM
 #7686

All this talk about Hashfast delivering in October. lol Hashfast ain't releasing anything in October.

http://www.forexminute.com/bitcoin/now-get-the-new-bitcoin-mining-chip-from-hashfast-technologies-llc-12140

Quote
However, he admitted that fabrication will take a little bit over two months and due to that reason the chips cannot be shipped anytime before October to customers.

They'll be lucky to ship anything out before mid November. Best case scenario for them.

Worse case scenario. The chips take a bit longer to produce so it comes a tad late. Then they're probably looking at early December-ish.
Paladin69
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August 30, 2013, 06:11:01 AM
 #7687

I'm totally ROFL and LMAO at the same time. Promises.

I don't think Cointerra is raising the funds they need to launch in December either.  They seem to need non-recourse pre-order payments.
timmmers
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August 30, 2013, 09:07:53 AM
 #7688

I'm totally ROFL and LMAO at the same time. Promises.

I don't think Cointerra is raising the funds they need to launch in December either.  They seem to need non-recourse pre-order payments.

That doesn't surprise me, it's no longer the golden goose it was a few months ago is it? Too much choice and too much risk and too many bad experiences added to low probability of decent returns ...all bad if you need to raise funds.
You'd need balls of steel to invest heavily at this point.
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August 30, 2013, 09:34:50 AM
 #7689

Only for your anxiety, I've updated my numbers a bit!

https://docs.google.com/spreadsheet/ccc?key=0AgSa2BKZz0WudHVlQVc0NmNVaXJEUHdLS090dWptSEE&usp=sharing

15th of October - at this increase rate - seems to be the "deadline".

Let's hope their "margins upon margins" and "underpromise, overdeliver" also includes the shipping date.  

In the business world "shipping in October" means "we move the boxes closer to the door to our factory October 31st, maybe they'll get out the door in early November".  If they intended to ship mid-October they would have just said that.

I agree though, that unless something slows the difficulty, receiving your unit Nov 1 means taking a significant loss (probably at least 20%).

Maybe all this Avalon drama will put a dent in the difficulty, but doesn't seem too likely.

Again with a useless spreadsheet. Stop spreading FUD with that utter bullshit. To get to that 37k TH where your equilibrium is you would need an additional ~350 000 in KNC's 28nm Chips.... Or 144 MILLION avalon Chips.  So PLEASE stop making spreadsheets if you have no idea how economics works.


Mota I have noticed a interesting pattern with you where you seem to show up blow open you big Mouth and talk crap every time someone post a question or post about difficulty..  Makes me wonder who you really are and what you are really doing here.  Reminds me of some of those shrills over at the BFL forums that would swoop down and try and destroy ANYONE that sad ANYTHING the least bit negative..

Give it a rest dude, your too obvious..  That and that you have no clue what your actually talking about.. Crawl back in your hole.

Mind Blown.


Let me clarify something for you: This is a free forum, I can voice my opinion anyway I like. I absolutely hate people who are too lazy to read a few (and a few more sometimes) pages back or use the search function and ask the same questions over and over again.
Honestly, it gives me eyecancer and wastes my precious time to read bullshit. So sometimes I reply in a not-so-gentlemanly fashion.

It is a simple fact that the difficulty for Bitcoin can't be predicted accurately for more than maybe 4 Months tops, and even that is a hughe gamble prediction-wise. I remember people stating we would be at 200 Million at late June/early July because BFL, Avalon and all the others were going to ship in full and with more GH than one could possibly imagine.

Also: Many people wonder who I really am! Some say I am Satoshi himself. Others whisper I am a race car driver in a certain TV-show.

But seriously, I am just a member of this forum who sells some stuff in the German subforum and has a degree in information technology and economics. So no, I have absolutely no idea what I am talking about and I am just here to troll people into thinking that all facts posted here are indeed no more than FUD. Hah! My evil plan might have succeeded without your interference!!!


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August 30, 2013, 10:22:45 AM
 #7690


Also: Many people wonder who I really am! Some say I am Satoshi himself. Others whisper I am a race car driver in a certain TV-show.


Seriously...'the Stig'?? Shocked




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demonmaestro
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Mining for the hell of it.


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August 30, 2013, 10:26:56 AM
 #7691

LMAO. that maybe wishful thinking. Nobody knows who the stig is..

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August 30, 2013, 10:27:40 AM
 #7692


Also: Many people wonder who I really am! Some say I am Satoshi himself. Others whisper I am a race car driver in a certain TV-show.


Seriously...'the Stig'?? Shocked




LMAO LMAO LMAO
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August 30, 2013, 11:23:43 AM
 #7693

cool down guys. it is dramatic but not desperate.


imagine one ordered and paid 10 jupiters.

with a difficulty of 100 mio this nice little mining farm would hash 20 btc per day.
with a difficulty of 1000 mio it would hash 2 btc per day.
with a difficulty of 2000 mio it would hash 1 btc per day.

that would mean that there is the equivalent of 3599 mining farms of this size around competing with ours. (3600 coins per day are available)
it needs 1800 x 10 jupiters for the difficulty to rise to 1000 mio. 18 000 jupiters cost 126 mio $. (i know there will be more efficient miners in the future, but there were also less efficient/more expensive ones in the past - so let´s just assume this levels out)

btc mining needs a "market capitalization" of 126 mio $ for the difficulty to rise towards a level, when a 70k investment makes 60 btc per month, at current gox = 7800,- $. even under those circumstances hardware break even would be possible in less then 10 months. if btc price doubles even 250 mio $ of purchased mining equippment wouldn´t kill roi forever.

i don´t see more then 100 mio $ going into mining in the near future.

if it works with 10 jupiters it will also work with just one.
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August 30, 2013, 11:26:51 AM
 #7694

knc miners are not profitable. deal with it.
plasmoske
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August 30, 2013, 11:33:46 AM
 #7695

Knc seems profitable for quite some time.

BFL/Avalon and others, well their time is almost up.

Just don't use a mining calculator. That thing is so flawed and misleading lol.
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August 30, 2013, 11:35:59 AM
 #7696

September is at the doorstep. Some schedule would be nice.
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August 30, 2013, 11:36:36 AM
 #7697

knc miners are not profitable. deal with it.

Someone woke up on the wrong side of the bed...

Go back to sleep little one.

yeah please stop using unicorn mining calculator
do homework and include shipping cost, psu and vat if you are in eu.

when you order knc miner now you will have it delivered when network hashrate will be tripled or more so you will never got back your btc

Bitcoinorama
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August 30, 2013, 11:50:16 AM
 #7698

knc miners are not profitable. deal with it.

How? Prove it. Figures. You're spreading fud. The genesis block calc has so many more functions than the default most of the newbies in this forum are concentrating on (or those currently attempting to scare people).

For the default calculations to transpire over time the network would have to continuously double in a linear fashion time and time again. Impossible. Never going to happen.

Say 3,000 units are shipped in Oct, that would require 6,000 in November, the 12,000 in December, then 24,000 come Jan, 48,000 in February, 96,000 in March, 192,000 units delivered in April, 384,000 units in may, 768,000 units in June.

Can you honestly see this as even remotely realistic?!? It's ridiculous.

Knc, and whoever else are never going to manufacture and sell that many devices. Sure you can 'scale production' to a few thousand a month, and i've chosen 3,000 as an achievable figure, but the doubling, and doubling, and doubling. There's some seriously naive people in this forum.

I actually wrote to the Genesis Block and asked them to address this. I suggested they allow us to enter achievable figures of prouction for various manufacturers, and the dates by which those products are likely to be introduced to give more realistic scenarios, which they like, as it's the most sensible way to approach this, and they agreed, they like the idea.

In the mean time there's a constant increase per month option (MM) which can be used instead of the nutty (%) that is there by default. I may even write up a tutorial as people seem reluctant to play with the calc as it's quite useful if you know how to use it properly, which apparently a significant percentage of this forum can't. It's got to the point where it's just laughable and it's being used purposely to scare away small miners, which in turn will effect the distribution of the network. It's just beyond comprehension how the majority of people in this forum think a compounded increase in network harhrate is feasible over the long term!!

Certainly in this period of transition as GPU farms dies out and ASICs are introduced there are solid doubles of network over time, but if you think KnC, or Cointerra will be able to manufacture in excess of 5,000 units a month you're a complete idiot.

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August 30, 2013, 11:54:29 AM
 #7699

You'll do a lot less typing if you just add bbxx to your ignore list, along with Kuroth and the other trolls....
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August 30, 2013, 11:57:22 AM
 #7700

Knc seems profitable for quite some time.

BFL/Avalon and others, well their time is almost up.

Just don't use a mining calculator. That thing is so flawed and misleading lol.

Would you mind elaborating? I'm not picking a fight or questioning negatively.  I am interested to hear your views Smiley
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