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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007541 times)
Scott J
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September 02, 2013, 03:58:45 PM
 #8181

And to think, on Star Trek they meet strange aliens from different galaxies and instantly understand every word they say. lol
That's because on Star Trek the aliens aren't cognitively impaired.

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September 02, 2013, 04:05:57 PM
 #8182

Thought it was the universal translator gizmo.

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September 02, 2013, 04:08:22 PM
 #8183

..and sometime, on right channel and with right atmosphere, I can also understand animal's languages!!! Grin Grin Grin
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September 02, 2013, 04:20:02 PM
 #8184

Thought it was the universal translator gizmo.

No, they sacked that after that unfortunate misunderstanding with the Borg and their invitation to a tuppoware party.
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September 02, 2013, 04:35:02 PM
 #8185

so does that mean. All orders that were supposed to go in September are now scheduled to go out no later than October 15th?
Regards

It means they anticipate to fulfil all orders made by October 15th.

They aren't stupid so they wouldn't say that knowing the backlash should they not deliver on time I think..making a rod for their own back they don't need to set an exact date. Liking this.


but now they seem to have dropped the "we are still on target to deliver early orders in September" rhetoric.
A skeptic might say that within the latest release, there lies a subtle message hidden in plain sight   Wink

cheers,
kev

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September 02, 2013, 04:42:24 PM
 #8186

So with this new price drop, should I drop my Mercury order and buy a lower cost jupiter?

I'm not one for donations but if you must go ahead and I will keep you in mind. =)
http://payb.tc/omeganemesis28
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September 02, 2013, 04:53:52 PM
 #8187

So with this new price drop, should I drop my Mercury order and buy a lower cost jupiter?

Maybe upgrade modules would solve this dilemma? If we can add extra modules
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September 02, 2013, 05:29:40 PM
 #8188


Right to 400, so where did you hear 350....ever?



I don't know how long you been around, but when they posted the items on the store.. their descriptions were 175/350 (Saturn/Jupiter)  so it may of not been in a newsletter..

but then they had this update which changed that


Performance improvements to Jupiter and Saturn
 

Here at KnCMiner we have always stated that the final performance of our machines has not been set in stone. We simply do not want to overpromise and then have to correct ourselves later.

The performance increase that we can announce today is based on direct feedback from the chip manufacturer who have been working with us for some time now. They have come back to us confirming the performance improvements in our RTL code.

So it is with great pleasure that we can finally announce our Jupiter is now a 400 GH/s device and therefore Saturn is a 200 GH/s device.

We are now so far down the chip development path that we can safely reveal these figures. There will be further announcements from us about the chip manufacture soon, and we will keep you all informed of all progress


I posted this right after your last comment containing the same,
as well as the info you just posted. Yet somehow you missed it.
https://bitcointalk.org/index.php?topic=170332.msg3060719#msg3060719
but I don't see how. What are you saying exactly? You don't believe KNC's own news post, or you think I fudged it? Go to the 4/25 news and see for yourself...  right at the bottom of this page.. https://www.kncminer.com/news?page=3
and PS... How long I've "Been around"... I was the very first paypal order. Granted, IT was 350 for some time, but it was 250 before that.
In other words, I bought when specs were 175 & 250 on Sunday, June 2nd, at 830pm Hawaii time.
I do believe you when you say it was 350, I remember that now Smiley BUT, It doesn't really matter because it obviously began with 250,...
although it was 350 at some point for a Jupiter, It was still 250 first as you can see above.


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eiliant
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September 02, 2013, 05:45:55 PM
 #8189

Is it safe for me to say that I will not break-even, taking into account that I've also paid for hosting? My calculations (amateurish probably, but I didn't continue the crazy difficulty growth on the calculator after Janurary ends) show that without hosting there will be a minor profit, while with hosting I will not make ROI. Also, if it matters I'm a Day 1 Jupiter order.

Potentially bad logic, but seeing that difficulty is 26 million at 200Th, and 50 million at 400Th, can I roughly assume that difficulty doubles with the hash rate?
MrHempstock
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September 02, 2013, 05:54:58 PM
 #8190

You can borrow my Babel Fish....

BTCitcointalk 1%ers manipulate the currency and deceive its user community.
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September 02, 2013, 05:56:22 PM
 #8191

The really interesting question is: how many will by November units after this announcement right now vs. waiting after the first September/October miners start to ship.

@eiliant: you should break even, especially hosting means you don't have electric costs+PSU to account for.

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September 02, 2013, 05:57:08 PM
 #8192

all that doing knc is good
but still no asic chip Smiley
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September 02, 2013, 06:13:04 PM
 #8193

http://thegenesisblock.com/bitfuy-begins-shipping-to-customers/

"Bitfury will clearly have a large impact on the network, but the full amount has not been disclosed. Over 400 TH/s are likely from their pre-assembled units over the next two months, but it is likely that any large-scale orders would be through their bulk chip orders. Bitfury sold lots of 3,000 chips (around 9 TH/s total) for $330,000 on August deliveries and $60,000 on October deliveries. Amid Avalon’s two-month delays with few pre-orders arriving out of the 800,000 chip backlog, Bitfury could emerge as the dominant ASIC mining chip manufacturer until companies like HastFash and CoinTerra release their 28nm at the end of this year."

Not a mention on KnC wow...

I'm sure they mean as a bulk chip supplier.  For example the drillbit system is only selling one (sold out) batch if October bitfury boards as the price of future chip reels is going up substantially.
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September 02, 2013, 06:14:24 PM
 #8194

I honestly don't think KNC will have all these preorders filled by end of October. I haven't seen a Knc Asic chip yet, and it is already going on September. They'd have to have everything lined up just right if they expect to get chips installed on the board without any issues and everything communicating right. Not to mention to assemble all these units and then ship out all these orders by end of October, they'd need one hell of a team.

Without seeing a chip already, I'd be surprised if they'd even have a physical prototype ready by Oct 1st.

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September 02, 2013, 06:15:08 PM
 #8195

all that doing knc is good
but still no asic chip Smiley

No chip that they've shown us, but to come up with concrete dates like this they've got to be pretty confident about having chips themselves.
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September 02, 2013, 06:20:01 PM
 #8196

I honestly don't think KNC will have all these preorders filled by end of October. I haven't seen a Knc Asic chip yet, and it is already going on September. They'd have to have everything lined up just right if they expect to get chips installed on the board without any issues and everything communicating right. Not to mention to assemble all these units and then ship out all these orders by end of October, they'd need one hell of a team.

Without seeing a chip already, I'd be surprised if they'd even have a physical prototype ready by Oct 1st.

So many of us that were on the fence about KNC as a company AND their ability to deliver what and when they said they would are now able to make a much better decision thanks to your incredibly informative post. Who else on these forums puts the hard facts together so succinctly and informatively as you? No one, that's who.
::mind blown::

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September 02, 2013, 06:30:02 PM
 #8197

I honestly don't think KNC will have all these preorders filled by end of October. I haven't seen a Knc Asic chip yet, and it is already going on September. They'd have to have everything lined up just right if they expect to get chips installed on the board without any issues and everything communicating right. Not to mention to assemble all these units and then ship out all these orders by end of October, they'd need one hell of a team.

Without seeing a chip already, I'd be surprised if they'd even have a physical prototype ready by Oct 1st.

IT IS september, which is 4 weeks long. End of this month they are due to ship. They aren't likely to be having them assembled in an old folks home , more likely in a factory using robotic machinery. In that case, that's easy. Car manufacturers manage over a 1000 cars a day in such a plant building a much more complex product. By comparison this is easy. Apple sold 12 million iPads in march..again much more complex, but those too are produced in 1000s a day. If KnC have this sorted they won't have a problem.
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September 02, 2013, 06:48:51 PM
 #8198


Right to 400, so where did you hear 350....ever?



I don't know how long you been around, but when they posted the items on the store.. their descriptions were 175/350 (Saturn/Jupiter)  so it may of not been in a newsletter..

but then they had this update which changed that


Performance improvements to Jupiter and Saturn
 

Here at KnCMiner we have always stated that the final performance of our machines has not been set in stone. We simply do not want to overpromise and then have to correct ourselves later.

The performance increase that we can announce today is based on direct feedback from the chip manufacturer who have been working with us for some time now. They have come back to us confirming the performance improvements in our RTL code.

So it is with great pleasure that we can finally announce our Jupiter is now a 400 GH/s device and therefore Saturn is a 200 GH/s device.

We are now so far down the chip development path that we can safely reveal these figures. There will be further announcements from us about the chip manufacture soon, and we will keep you all informed of all progress


I posted this right after your last comment containing the same,
as well as the info you just posted. Yet somehow you missed it.
https://bitcointalk.org/index.php?topic=170332.msg3060719#msg3060719
but I don't see how. What are you saying exactly? You don't believe KNC's own news post, or you think I fudged it? Go to the 4/25 news and see for yourself...  right at the bottom of this page.. https://www.kncminer.com/news?page=3
and PS... How long I've "Been around"... I was the very first paypal order. Granted, IT was 350 for some time, but it was 250 before that.
In other words, I bought when specs were 175 & 250 on Sunday, June 2nd, at 830pm Hawaii time.
I do believe you when you say it was 350, I remember that now Smiley BUT, It doesn't really matter because it obviously began with 250,...
although it was 350 at some point for a Jupiter, It was still 250 first as you can see above.



right but I had to answer you since you said 350 never existed - they weren't taking orders at 250 which is why I said 'twinkle in their eyes' stage


it was the 5/11 newsletter that spelled it all out:

 Everyone,

A lot has happened in the last few weeks, so we thought it was time for a new update. The main focus of this newsletter will be around the following topics:

    Jupiter’s performance increase.
    A new product called Saturn.
    More information on our approach to Litecoin mining devices.
    Things we are working on in the next few weeks.

Update of Jupiter performance
https://www.kncminer.com/products/jupiter

We have previously announced that Jupiter will have a minimum performance of 250GH/s. We can now be a little more accurate and say that it will be above 350GH/s. A few improvements have allowed this to happen. One of them is that we are now able to use the 28nm technology in our standard ASIC design.

Delivery is also important to our customers so we can also narrow down from saying autumn to the latter part of September 2013. This is still a compressed timeline but we are very confident we can meet our deadline. (Which in terms of Standard cell ASIC design is a very aggressive time frame.) We are able to commit to this deadline because of the experience that ORSoC brings.

The last update around Jupiter is the price. We previously stated that it would be between 7000 and 8000 USD per device. The final component costs are all in and we can confirm that the price will be 6995 USD.

So to recap. Jupiter now comes with:

    350 GH/s.
    28nm Standard Cell ASIC chips.
    Shipment in September 2013.
    6995 USD price tag.

Announcement of Saturn
https://www.kncminer.com/products/saturn

We have had many people asking for a cheaper ASIC device, which would still give great value for money in terms of hashes per dollar.

So we have listened. We have created Saturn, Saturn is a 4 blade device. (Jupiter is an 8 blade device) Saturn still offers great value in terms of hash per dollar, but has a much more favorable purchase price of 3795 USD. It will have a minimum performance of 175 GH/s and because it’s based on the same modular design as Jupiter, they will ship alongside each other in September 2013.

So to recap on Saturn:

    175 GH/s.
    28nm Standard Cell ASIC chips.
    Shipment in September 2013.
    3795 USD price tag.



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September 02, 2013, 07:07:20 PM
 #8199

aaah, nice... I understand, and thank you for posting that.


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September 02, 2013, 07:58:22 PM
 #8200

Quote
You want these devices to be profitable longer? Find ways to make bitcoin more generally accepted.
Believe it or not, the single greatest way to drive acceptance is for the price to rise considerably.

There's no one way to achieve that.

Price stabililty is more important than price rise for the general public.

Disagree. We're not going to see price stability probably until it's a world-currency worth far more than it is now. Otoh, a larger market cap will tend towards price stability. At only ~$1.5b market cap a few million here or there is still a noticeable blip in the price. At $100b, it's not anymore.

The single way to drive acceptance is accessibility.
Arguable. I'd say the excitement generated by an increasing price trumps accessibility in terms of uptake and acceptance.

Accessibility for the general public to exchange fiat to crypto, as well as vice versa, and known retailer adoption is the greatest hurdle.
Hardware wallets need to be ubiquitous first.

That's incidentally the area where the greatest profits to be made are. Innovating BTC as a mainstream currency, and payment mechanism.
International remittance is the first target.


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