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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3012893 times)
the-skeptic
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September 14, 2013, 03:51:22 AM
 #9321

if you don't mind me asking, how much do butterfly chips cost in bulk? And then how much is it going to cost to have them mounted to circuit boards and get all of the peripheral hardware and gear necessary to get them running?

Chips are $50 apiece if purchased with chip credits.  Looks like 8 chip assembled boards including cost of chips will run between $650 and $750 each.  So ~$700 for 32GH/s.
I feel for you, maybe you can sell them on EBay as "Fabulous" Jewelery

The price isn't that bad. Everyone has been screwed equally by the surge of power coming online in the past 3 months. Those of us with KNC orders shipping in the first batch will have a chance to make some decent money if we re-invest in more hashing power early on. That extra power from the BFL chips will help enormously, and the KNC machines hashing at 500/250/125 Ghs (based on comments from Sam Cole) doesn't hurt either.

Now that KNC takes credit cards directly, I plan to order a November Jupiter as soon as I get my October Jupiter and Saturn. If difficulty is under 175 million when my October miners starting hashing, they should easily pay off my credit card bill for the November miner. If Cointerra can deliver 2Ghs (err, Ths, I mean) for $6000 in January and KNC is on vacation, that will be my next move.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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demonmaestro
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Mining for the hell of it.


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September 14, 2013, 03:54:40 AM
 #9322

That actually sounds like a good idea.

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vesperwillow
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September 14, 2013, 04:13:31 AM
 #9323

My advice... pay no attention to The Genesis Block.  ASFAIC, the calculations are busted.  At least that's what I tell myself so I can sleep at night.  Wink

TGB has been fairly close with the predictions. My own predictions (in another thread) are also spot on, actually within a few hundred thousand of actual difficulty. Call it luck I suppose. According to my model, we're a few footsteps away from a near vertical rise in hashrate which will last for a short while (not indefinitely). There'll be a slight tapering, a downslope, but it'll never go back down. It'll sinewive out.

For getting sleep at night, I can understand not wanting to face that.

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September 14, 2013, 04:19:24 AM
 #9324

[bubbly enthusiasm] Have the majority of followers on this thread simply transitioned over the KNC's forums?  I liked those pics of the data-center they're building.  Ermm so if sam and cole are building a datacenter....who's overseeing the automation which is suppossed to be continuously mfg units?Huh Also, if you guys just choose to ignore this weekend, it will be like t-15 days till OCT!!!!!!!!  And if you really want to just stop thinking btcminer mentality at least for those dreaded following weeks to get your hardware....buy yourself a consolation prize of Grand theft Auto V.  ITS COMMING NEXT WED!!!!! [/bubbly enthusiasm]

Anenome5
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September 14, 2013, 04:52:14 AM
 #9325

For ideal efficiency you want no more than ~60% load on the PSU. So people are getting a 1,000 watt PSU to achieve that. 850w is adequate but not targeted towards efficiency, on a device that will be operating full bore, 24/7, it makes sense.

Also you could get two 500w PSUs and feed one to each side, but I wonder if you face an additional risk if one board is powered on before the others? Might that cause problems?

https://bitcointalk.org/index.php?topic=170332.msg3124339#msg3124339

Aha, thanks for the mythbusting.

Democracy is the original 51% attack.
markm
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September 14, 2013, 06:09:12 AM
 #9326

Darn, I just logged into my account to tell it about my p2pool instance that does my merged mining, in case they built my miner while I wasn't looking and wanted to set it up to mine for me on my pool.

They don't let you tell them the hostname or IP anddress and port number of your pool!

They don't even list the only reasonably merged mining pool, bitparking's mmpool, at all!

All they list are a bunch of ancient old-school pools that I long ago gave up even looking at due to as far as I know the best I could hope for from any of them would be, maybe, if I am lucky, that they might merge namecoins and devcoins (eligius, for example, does it merge both of those or only namecoins? I thought maybe luke had said once upon a time he might or would or does include devcoins?)

This is crap, its like they want me to pick between a bunch of out of date useless pools that haven't heard of merged mining or if they have then don't actually bother to do it!

Yet they have a poll asking if they should do merged mining on their own pool.

Is this just a scam to convince us all to choose their pool in the faint hope that maybe we will win the pool and their pool will do merged mining, maybe even better than mmpool - that is, merging more types of coin than mmpool merges?

I expected to simply input the hostname or IP of my p2pool instance and a username or bitcoin address for it and the not even used password and I'd be done. WTF is that pathetic list of out of date pools about, where did they even find that list? How come bitparking's mmpool isn't on it?

better still why doesn't it just ask the damn hostname and IP so people can use their own instance of p2pool thus merge any damn coin they want to regardless of whether any stupid pool-operators choose that particular combination of coins to merge? Even mmpool only merges 5 of the 7 secondary chain coins and that is not even counting the fact bytecoin is due to be merge-able any moment now, maybe freicoin too.

-MarkM-

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superfluouso
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September 14, 2013, 06:58:39 AM
 #9327

Unless I'm missing something it sure looks like bitminter allows merged mining for namecoins...
markm
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September 14, 2013, 07:13:37 AM
 #9328

Namecoins, and even devcoins, ixcoins, i0coins and groupcoins, are all way high difficulty.

The ones a small miner - one with only a saturn or jupiter or two - could rake in a decent number of are precisely the ones that even bitparking does not yet include in its merge.

But even so, better to use bitparking, which at least does merge 5 secondary chains including namecoin, than one that make just the pathetic little token pretence of supporting merged mining by incoluding just one merged mined coin, typically namecoin.

The coins you stand to get the most of by merged mining are currently coiledcoin and geistgeld, now that i0coin is back on bitparking and groupcoin has been picked up by bitparking.

Not long ago i0coin and groupcoin were, like coiledcoin and geistgeld, ones you could do really well with precisely because bitparking was at that time still leaving them out.

Remember that the more pools pick up on a coin the higher its difficulty goes. So you want to get in on the ones most pools have not yet picked up, while you can still get tham at (relatively) low difficulty, to get the most coins for your hashpower.

-MarkM-

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YipYip
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September 14, 2013, 08:12:58 AM
 #9329

Lets see if they sell you a GEN 2 product....lolz


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Ytterbium
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September 14, 2013, 08:36:17 AM
 #9330

t minus 10 days

Me thinks they aren't going to make September.  It's too quiet.  And if that is the case, where is the advantage for Day1, Day2, Day3 summer orders over the October orders?  Will October 15th be pushed to October 31st?

Why would they need to make noise?

merv77
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September 14, 2013, 08:38:42 AM
 #9331

Unless I'm missing something it sure looks like bitminter allows merged mining for namecoins...
I've been mining on Ozcoin pool and they have namecoin merged mining.
by what I can see they haven't found a namecoin block in over 6 months and I don't really see the point of it.
Ytterbium
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September 14, 2013, 08:39:55 AM
 #9332

Thought no chips were to go out until after the backlog was cleared.

...unless you offer champagne.

BFL has a financial incentive to ship chips with a balance due on delivery.

Exactly right.  I'm anxious to see what they do.

If they ship chips before clearing the backlog, I fear Josh may be set adrift in a rowboat and all his breadfruit plants thrown overboard.
What has shipping chips got to do with clearing the backlog? Absolutely nothing, the production line is not involved.

Except for making the diff even worse for the customers who will soon be getting products a year late.

Of course by now, it'll just be a drop in the bucket.

Ytterbium
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September 14, 2013, 08:43:27 AM
 #9333

Namecoins, and even devcoins, ixcoins, i0coins and groupcoins, are all way high difficulty.

The ones a small miner - one with only a saturn or jupiter or two - could rake in a decent number of are precisely the ones that even bitparking does not yet include in its merge.

But even so, better to use bitparking, which at least does merge 5 secondary chains including namecoin, than one that make just the pathetic little token pretence of supporting merged mining by incoluding just one merged mined coin, typically namecoin.

The coins you stand to get the most of by merged mining are currently coiledcoin and geistgeld, now that i0coin is back on bitparking and groupcoin has been picked up by bitparking.

Not long ago i0coin and groupcoin were, like coiledcoin and geistgeld, ones you could do really well with precisely because bitparking was at that time still leaving them out.

Remember that the more pools pick up on a coin the higher its difficulty goes. So you want to get in on the ones most pools have not yet picked up, while you can still get tham at (relatively) low difficulty, to get the most coins for your hashpower.

-MarkM-


Who cares? How much could those coins possibly be worth? 

They're only going to run it for 5-20 seconds.  You'll be able to reconfigure it when you get it.

erk
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September 14, 2013, 08:52:05 AM
 #9334

Unless I'm missing something it sure looks like bitminter allows merged mining for namecoins...
I've been mining on Ozcoin pool and they have namecoin merged mining.
by what I can see they haven't found a namecoin block in over 6 months and I don't really see the point of it.
I thought they disabled the merged mining months ago?
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September 14, 2013, 09:11:17 AM
 #9335

They did.  Haven't done merged mining in months.
Professor James Moriarty
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September 14, 2013, 09:19:54 AM
 #9336


 Did anyone made the joke about 'swedish' asic miners comes in parts and you have to build them yourself because it is 'cheaper' that way?

I'm on the hunt for Sherlock Holmes
Templer
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September 14, 2013, 09:32:30 AM
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 Did anyone made the joke about 'swedish' asic miners comes in parts and you have to build them yourself because it is 'cheaper' that way?

Yes there where jokes about that  Grin
timmmers
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September 14, 2013, 11:09:17 AM
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 Did anyone made the joke about 'swedish' asic miners comes in parts and you have to build them yourself because it is 'cheaper' that way?

Yes there where jokes about that  Grin

There are people dreaming about that.
Bogart
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September 14, 2013, 02:39:20 PM
 #9339


 Did anyone made the joke about 'swedish' asic miners comes in parts and you have to build them yourself because it is 'cheaper' that way?

Yes there where jokes about that  Grin

There are people dreaming about that.

I don't get it.

"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
glungnahund
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September 14, 2013, 02:59:07 PM
 #9340


 Did anyone made the joke about 'swedish' asic miners comes in parts and you have to build them yourself because it is 'cheaper' that way?

Yes there where jokes about that  Grin

There are people dreaming about that.

I don't get it.
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