Swedish ASIC miner company kncminer.com

[jmevz]

I just used skype to initiate a conference call between myself, my mate in Toowoomba, and called KNC, and to my surprise, Andreas Kennmar answered the tele!
We didn't keep him on the tele for long, but we asked a few relevant Q's I'll share
The first Q was my asking him about the possibility of watercooling the miners. The short explanation is no, they won't be designed for it, but is slated for gen2
Are we on track with delivery?...  Yes, we're in front.
Power supplies final specs?  Not as of yet, but there will be a new spec announcement soon with recommendations.
 

Man, KNC should give the info here directly but thanks for the update!

operador, that certainly sounds promising. Hope it's all the truth. Starting to think I should have ordered a bigger machine!

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[FUKT]

I just used skype to initiate a conference call between myself, my mate in Toowoomba, and called KNC, and to my surprise, Andreas Kennmar answered the tele!
We didn't keep him on the tele for long, but we asked a few relevant Q's I'll share
The first Q was my asking him about the possibility of watercooling the miners. The short explanation is no, they won't be designed for it, but is slated for gen2
Are we on track with delivery?...  Yes, we're in front.
Power supplies final specs?  Not as of yet, but there will be a new spec announcement soon with recommendations.
 

Good to bloody hear! Eases my mind a bit.

[dwdoc]

Difficulty now above 40,000,000.  Hope things are on fast track.

Not only that, avalon next generation chip is expected to deliver in mid October. And they are not using pre-sale tactic any longer.

Difficulty is 37,392,766 or Am I missing something?

This chart indicated network hashrate  just above 40,000,000 last night. Now just below. I should have said network hashrate instead of difficulty.

http://blockchain.info/de/charts/hash-rate?timespan=30days&showDataPoints=true&daysAverageString=1&show_header=true&scale=0&address=

[Syke]

Blocks are flying past. We might hit 50M for the next adjustment.

[dwdoc]

Blocks are flying past. We might hit 50M for the next adjustment.

I wonder how much impact all those USB erupters are having.  I know it takes over 1000 to equal one mini rig but it seems there's no end to them.

[KS]

By buying their products you are agreeing to the T&C and thus explicitly agreeing that you are acting as a business and thus "forfeiting" consumer rights.

Wow, that's how it works? The website just needs to have the words "for business use only" and they avoid all consumer rights laws?

No it's not how it works. In fact the law says that terms and conditions need to be reasonable. You can't just add all kinds of rubbish to suit your needs.

That line made me laugh, it's total bollocks.

"Thus" ...that implies that businesses have no legal protection when they buy stuff, which would, for example, spell doom for all retailers who are businesses who buy everything they sell on to consumers who have rights that they don't?

"Thus..." implies you are not protected as a consumer but as a business. Businesses are protected too, just not the same way/level and that "protection" often requires lawyering up.

[dwdoc]

Looks like a race to the finish line between Metabank and KNC (assuming their updates are accurate)...

https://bitcointalk.org/index.php?topic=224332.msg2890572#msg2890572

[Nemo1024]

Blocks are flying past. We might hit 50M for the next adjustment.

I wonder how much impact all those USB erupters are having.  I know it takes over 1000 to equal one mini rig but it seems there's no end to them.

Just CanaryInThemine shipped over 1200 (maybe more) over the past week only. Then there's yxt in Europe, etc, etc. I have 30 hashing away myself, giving me about 10GHs, while I wait for 200GHs Saturn.
1 Saturn = 597 BEs.

There may be some respite, though: friedcat is out of stock for all resellers, so there will be no new Bes hitting the network for some time now as the pipeline needs to get filled again.

[nightengale]

Are we on track with delivery?...  Yes, we're in front.

Can you elaborate -- does this imply ahead of schedule?

[WastedLTC]

Just a heads up on the competition.    HashFast releasing 400-500 GH/s units on October 20th.  I don't think the price will sway any KNC customer.  They needed the price around $3k - $4k to grab huge volume but at $5600 and BTC only, I don't think they will sell quickly.   In the last 12 hours the inventory has only fallen from 467 to 455.   So just expect yet another 250 TH on the network from them by November.    

http://us7.campaign-archive1.com/?u=43a3515a4cff1032dafe95c87&id=5b8686bbb2


KNC, we are all rooting for you!!

[Bitcoinorama]

Are we on track with delivery?...  Yes, we're in front.

Can you elaborate -- does this imply ahead of schedule?

No, they are physically standing in front of the courier..

[timmmers]

So, all it takes for me to stop being a consumer and become a business is some small print in the terms of a product I buy?
Wow, I wonder why all companies selling products don't use those T&C?
</sarcasm>

Ridiculous.

It's good to hear they are ahead of schedule, not so good that the 75% forecast rise in difficulty definitely is over the last 30 days and prior to all these rigs going online...and anything else from other companies.

The next gen is going to have to deal with almost 1900 difficulty in March assuming those calculations aren't far off too...that's going to be a challenge.

[ridnovir]

I am still on the fence about placing an order for Jupiter. Lack of any updated and specs and possibility of delay and loosing out play against me droping 7K on it especially if shipment will be late October.

Hashfast at least has specs on the site, costs 1k less for same 400G/h power, is based in US and states the delivery date in October 20-30

Your thoughts on Jupiter v Baby Jet ?  

[operador]

I am still on the fence about placing an order for Jupiter. Lack of any updated and specs and possibility of delay and loosing out play against me droping 7K on it especially if shipment will be late October.

Hashfast at least has specs on the site, costs 1k less for same 400G/h power, is based in US and states the delivery date in October 20-30

Your thoughts on Jupiter v Baby Jet ?  

Jupiter is 500 GH/s not 400

[Axios]

I am still on the fence about placing an order for Jupiter. Lack of any updated and specs and possibility of delay and loosing out play against me droping 7K on it especially if shipment will be late October.

Hashfast at least has specs on the site, costs 1k less for same 400G/h power, is based in US and states the delivery date in October 20-30

Your thoughts on Jupiter v Baby Jet ?  

Jupiter is 500 GH/s not 400

https://www.kncminer.com/products/jupiter 400 on the page?

[operador]

I am still on the fence about placing an order for Jupiter. Lack of any updated and specs and possibility of delay and loosing out play against me droping 7K on it especially if shipment will be late October.

Hashfast at least has specs on the site, costs 1k less for same 400G/h power, is based in US and states the delivery date in October 20-30

Your thoughts on Jupiter v Baby Jet ?  

I like how hashfast web pages marks the items are in stock (455 in stock) but delivery mid October, 2 months from now.

[WastedLTC]

I am still on the fence about placing an order for Jupiter. Lack of any updated and specs and possibility of delay and loosing out play against me droping 7K on it especially if shipment will be late October.

Hashfast at least has specs on the site, costs 1k less for same 400G/h power, is based in US and states the delivery date in October 20-30

Your thoughts on Jupiter v Baby Jet ?  

Jupiter is 500 GH/s not 400

i think you mixed that up.   Baby Jet says 400-500 and Jupiter says 400 (at the moment).

Ridnovir : I would recommend to watch the inventory on HashFast and wait for an update from KNC.   You don't need to decide today

[dwdoc]

I would wait for another week or 2 for an update from KNC and then order a Jupiter using PayPal.  Hashfast accepts only bitcoin so no protection.

[Cablez]

I am still on the fence about placing an order for Jupiter. Lack of any updated and specs and possibility of delay and loosing out play against me droping 7K on it especially if shipment will be late October.

Hashfast at least has specs on the site, costs 1k less for same 400G/h power, is based in US and states the delivery date in October 20-30

Your thoughts on Jupiter v Baby Jet ?  

And hashfast has anything more than KNC?  They are exactly the same at this point. Nothing shown = nothing. ROI's are 4 months and counting...

[operador]

I am still on the fence about placing an order for Jupiter. Lack of any updated and specs and possibility of delay and loosing out play against me droping 7K on it especially if shipment will be late October.

Hashfast at least has specs on the site, costs 1k less for same 400G/h power, is based in US and states the delivery date in October 20-30

Your thoughts on Jupiter v Baby Jet ?  

Jupiter is 500 GH/s not 400

i think you mixed that up.   Baby Jet says 400-500 and Jupiter says 400 (at the moment).

Ridnovir : I would recommend to watch the inventory on HashFast and wait for an update from KNC.   You don't need to decide today

Yep I did, silly mistake, that's my bias from having ordered a Jupiter