Swedish ASIC miner company kncminer.com

[chipd]

Mars

This device will be the first mass produced product and is available for purchase in the next few days. The key details around this device are as follows:

    Over 6GH/s
    48x IC CYCLONE IV FPGA 115K on board chips  See the sites below for more details on the chips we will be using in our Mars product.
    30% Improvement in hashing rate over standard Implementation
    Fan cooled with 48 heat sync’s and fans plus two case fans producing a cooling tunnel across the chips
    Modular design (we will carry this design throughout all of our products)
    USB attachment (software will be provided)
    Shipment begins on mass in just over 2 months.
    Earn coins while you are waiting in the queue for Jupiter
    External ATX power will be required (we will provide a recommended list)
    Upgrade protection built in to any Mars purchase with vouchers for up to $2000 off of any Jupiter purchase.
    Last but not least, any purchase of the Mars product automatically reserves you the same place in the order queue for the Jupiter product. The queue reservation will last 30 days.
    For more information about the chips used you can use the following links
        http://www.buyaltera.com/scripts/partsearch.dll?Detail&name=544-1468-ND
        http://www.digikey.com/product-search/en?x=18&y=12&lang=en&site=us&KeyWords=EP4CE115F23C8N


Jupiter

This device is being designed in parallel by the OrSoC engineers. It will offer industry leading performance and power consumption per GH. The final specifications for this device are being ironed out now but we can confirm the following:

    Minimum 250GH/s per device
    7000-8000 USD predicted price
    48 Chips (which are being designed exclusively for KnCMiner by ORSoC).
    An additional gain of 30% more hashing when the advanced algorithms provided by ORSoC are applied.
    Water cooled setup.
    Modular Design allowing for expansion at a later date.
    Embedded Linux device to allow for standalone mining.
    Shipment begins in early autumn.

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[Dalkore]

One of the key issues that has come out of the last few days is the issue of trust. We are fully aware that trust must be earned and this is why we are providing you with as much information as we can. Allowing you to make an informed decision about any future purchases.

Anyone who is thinking about purchasing, DO NOT BUY until we see a working prototype that can be independently verified.   Period.   You can give all the information in the world but all you should care about do they or do they not have a working and real product.  Nothing else period.  You have to hold all ASIC companies to this standard.

[ghostshirt]

Upgrade protection built in to any purchase with vouchers for up to $2000 off of any Jupiter purchase.

Does it mean that I can switch to Jupiter for $5,000 in the future?

[ThorinIceland]

$ 2,795.00 for 6 GH FPGA? Hmmm 
$ 7,000.00 for 250 GH ASIC(?) seems much better deal...

Where did they say the $2795 for 6 GH?

[frejo]

I don't get it, they are actually building a FPGA miner with 48 chips, where each chip costs $315. Even if they get the price down to $150, it will be $7,200 for the FPGA:s alone, then add cost for other components, pcb, assembly. How could they possibly sell it for $2,795.00 (where did this price come from anyway? I couldn't find it in the email)

[FlappySocks]

$ 2,795.00 for 6 GH FPGA? Hmmm 
$ 7,000.00 for 250 GH ASIC(?) seems much better deal...

Where did they say the $2795 for 6 GH?

Its on the web site.

How quickly will this pay for itself?

[mrspencer]

250GH machine looks better value. But the issue would be delivery date.

"An additional gain of 30% more hashing when the advanced algorithms provided by ORSoC are applied." - I'm wondering if this means 250GH + extra 30%?

[GodfatherBond]

  Minimum 250GH/s per device
    7000-8000 USD predicted price

Getting interesting... if comes reality!

[Sparks]

$ 2,795.00 for 6 GH FPGA? Hmmm 
$ 7,000.00 for 250 GH ASIC(?) seems much better deal...

Where did they say the $2795 for 6 GH?

Its on the web site.

How quickly will this pay for itself?

1,5-2 months now... and who knows in the future?

[FlappySocks]

250GH machine looks better value.

But the issue would be delivery date.

Yeah, all those Avolon chips being bought by DIYers will be online soon.  Time is the essence.

[Dalkore]

I don't get it, they are actually building a FPGA miner with 48 chips, where each chip costs $315. Even if they get the price down to $150, it will be $7,200 for the FPGA:s alone, then add cost for other components, pcb, assembly. How could they possibly sell it for $2,795.00 (where did this price come from anyway? I couldn't find it in the email)

Again, make them produce a working prototype with proof it is real.  That will answer all your questions.  Don't get caught with numbers and specs at this point.   Proof is the first order of business.

[tosku]

$ 2,795.00 for 6 GH FPGA? Hmmm 
$ 7,000.00 for 250 GH ASIC(?) seems much better deal...

Where did they say the $2795 for 6 GH?

Its on the web site.

How quickly will this pay for itself?

You make ~$50 a day today with 6GH. So, starting today, it would pay off in 2 months. However, difficulty and exchange rate will not stay the same during that time period. Make your own assumptions.

[Aggrophobia]

$ 2,795.00 for 6 GH FPGA? Hmmm  
$ 7,000.00 for 250 GH ASIC(?) seems much better deal...

Where did they say the $2795 for 6 GH?

Its on the web site.

How quickly will this pay for itself?

2 month with electricity

[mrspencer]

As you guys mentioned - timing is everything. 

[tosku]

I don't get it, they are actually building a FPGA miner with 48 chips, where each chip costs $315. Even if they get the price down to $150, it will be $7,200 for the FPGA:s alone, then add cost for other components, pcb, assembly. How could they possibly sell it for $2,795.00

I'm just guessing here, but maybe ORSoC can piggy-back the FPGA order off some large customer order, and get the price down? Didn't BFL find a way to get their FPGA's really cheap?

[HeRetiK]

250 GH/s option sounds good enough, but assuming that difficulty will be much higher by July I guess the 6 GH/s FPGA is only worth if it if you plan on using the voucher for the follow-up system.

[mrspencer]

I like the idea of the shipping tonnes of 5GH mars system, to boost the robustness of the network - however BFL has already got 5GH working prototype - so it's a bit neither here nor there.

Would be better to focus on 250GH machine and deliver it quicker.

[chipd]

I like the idea of the shipping tonnes of 5GH mars system, to boost the robustness of the network - however BFL has already got 5GH working prototype - so it's a bit neither here nor there.

Would be better to focus on 250GH machine and deliver it quicker.

Yea, feels kind of silly, taking delivery times into account, to buy mars only to send it back after 2-3 months (unless someone plans to stick with it).

[FlappySocks]

Yea, feels kind of silly, taking delivery times into account, to buy mars only to send it back after 2-3 months (unless someone plans to stick with it).

Would you need to send it back as part exchange?  May as well keep it so long as it's making money over the cost of the electricity.

[mrspencer]

Not to mention the BFL version costs less than $300 - and there is proof of working prototype.

https://products.butterflylabs.com/homepage/5-gh-s-bitcoin-miner.html

The 5GH isn't value for money - I suspect it might be a ploy to get miners to buy ASIC instead.
The problem with the 250GH machine? It's an obvious honey trap. Delivery before those other ASICs hits the market is not likely.