Swedish ASIC miner company kncminer.com

[Bogart]

As much as I want September deliver to be true (I have a Day 1 Saturn order), I would have to bet on No.

Going directly from chip manufacture to board production with no testing in between is a huge risk.  The non-bitcoin ASIC-makers never do it this way.

[1715326021]

1715326021

[1715326021]

1715326021

[-Redacted-]

What makes you think that testing needs to be done in Sweden to make it valid?  What makes you think no testing is being done?

[DeathAndTaxes]

P.S. The power supply looks like a Cooler Master V1000.

Or any other model from V series, they all look the same.

For example V850


Given they recommended to user 850W I would assume they bought V850s for internal use.  I would assume they didn't buy smaller PSU for the smaller rigs and instead just plan to use 1 PSU for 1 Jupiter, 2 Saturn, or 4 Mercury.

[vulgartrendkill]

What makes you think that testing needs to be done in Sweden to make it valid?  What makes you think no testing is being done?

Thats what I was thinking.  Just because we havent seen the results of testing, doesn`t mean its not being done.  Sure, it`d be nice to see but then we have seen some evidence already.

[-Redacted-]

If you're going to outsource things, you might as well go all the way and have completed/tested sub-assemblies delivered - just put them in cases when you receive them, connect some cables, burn them in for a couple of hours to sanity check things, then pack and ship them...  By the time you have a picture of a completed unit, you are already ready to start shipping them out the door.

[vesperwillow]

If you're going to outsource things, you might as well go all the way and have completed/tested sub-assemblies delivered - just put them in cases when you receive them, connect some cables, burn them in for a couple of hours to sanity check things, then pack and ship it...

I'm betting they definitely designed their product to be somewhat 'assembly-minded modular' for this reason. If they're going to do it in house, they just want to pop boxes open, connect a few things, test them, and then ship. Considering the design, it's so simple it lends itself to this by nature.

1. Mount host PCB to case.

2. Chip to PCB, Fan on Chip, Mount PCB to case. Connect serial cable to host PCB (repeat as necessary)

3. Close Case

Done. No soldering, no need for hot glue, etc.

And if they truly only need the chips to arrive, they were smart enough to get all the steps done ahead of time minus the Chip/Fan portion.

[-Redacted-]

I'm hoping there is a step in there to spray-foam pack around the coolers before they close up the case, or these things are likely to get beat all-to-hell during shipping.

[the-skeptic]

E-mailed KNC about pre-configuring multiple machines for hashing and this was the response. For those of us hoping for a BTC windfall during burn-in, we might be disappointed.

 
Dear Dana,

If you mention your pool worker in “My Account”, both of your miners will be pre-configured with this information.

The live net burn-in will be done by using your pool and other details that you mention in common information for pre-configuration of your miner.

The burn-in will take about 5-20 seconds.

 

Med vänlig hälsning | Best regards
Anna Jagdhar
Kncminer
www.kncminer.com
Office: +46 8559 253 20

[-Redacted-]

I don't see how you could even tell that all 4 boards of a Jupiter were hashing in 5 seconds.

[blastbob]

I don't see how you could even tell that all 4 boards of a Jupiter were hashing in 5 seconds.

Maybe they are just after the green light

[vesperwillow]

I don't see how you could even tell that all 4 boards of a Jupiter were hashing in 5 seconds.

Well, the BFL 500GH units seem to take 18 months to do a burn in before hitting customers. 20 seconds is not so bad.

[Ytterbium]

You Sir have to learn how to read correctly. You argument is invalid since both of these guys did not say those specific words in a terms of service context. IF you have those terms in your ToS, you need to have the appropriate licenses. That is not only so in the US, it's pretty much everywhere in the world.
And please note that he is not liable because he sold goods for bitcoins but because he "promised" returns of investments to his customers - which only a licensed/registered/regulateted (insert any kind of money playing thingy here) can.

No, your argument is invalid because neither you nor 'orama have pointed to any law that would make it illegal, and you never will, since there is none.

Also, these are the actual terms for the Avalon chip deal:

The no bullshit, no fine print terms of sale
1 the only payment accepted is Bitcoin.
2 these chips will be available until at least end of the year, 2013.
3 spec and various information is available on the wiki
4 the chips being sold are packaged and tested.
5 the lead time on the chips is 9 to 10 weeks,
6 made to order from TSMC foundry, this also means no refunds.
7 the order quantity is 10,000 chips.
8 the chips are identical to those in the Avalon units.
9 communication protocol, reference board design can be found on github.
10 everything will be open source from FPGA to PCB design.
11 30 sample chips will be provided 4 weeks into ordering per 10,000 chips.
12 we do not offer technical support of any kind, this is final.
13 if you do not know what to do with the reference design / packaged chips, please do not purchase.

I don't know where on the site they mentioned their price calculation but it's not in the ToS.

Here's the terms of sale for batch 3:

We Accept Bitcoin Only – Bitcoin allow us to collect large sum of assets in a short period of time, and due their nature the bitcoins can also be move to where they are suppose to go in a similar time frame. It also make sense as the Avalon units mine bitcoins so they should be priced as such accordingly.

No Refunds - The Avalon units are made on a built-to-order basis. This means when you place an order, your bitcoins are used to order parts to construct your Avalon Unit. Refunds therefore are impossible. Utilizing a short time frame, batch based, and built-to-order method allows to manage finances properly and reduce risk for all parties. e.g. Avalon ASIC, the re-sellers and the buyers.

No Address Change - Unless it is a special case no address change will be allowed, please allocate time correctly to handle the delivery of these units, There has been too many people attempting to sell these units and changing their shipping address. You can choose what to do with them after you receive them, but whilst they are still in our hands they will go to the address the order was originally intended for.

Limited Customer Support - The Avalon team is comprised of a small group of capable people; however, we are also extremely limited in manpower. Every one of us handles multitude of tasks, and for this reason we will have very limited customer support. No news is good news. We apologize for this, but we do not expect this situation to change.

Not Newbie Friendly - The Avalon units are designed much like a hardware development board, while it works out of the box with very little configuration it is ultimately geared towards developers and experienced miners, please do your research before purchasing. A good place to start is the Bitcoin Wiki page on Avalon.

Please read this carefully, as with all things Bitcoin one should treat this as an investment and make the decision best for you based on the liquid-able funds available at the moment when placing an order.

There's no promise of ROI in either of those terms.  The word investment does not appear.  It's not against the law to simply say the product you're selling is a "good investment" or speculate about what kind of ROI a customer might get with it. Not when selling miners, or cars, or comic books or whatever.

If you think it is, point out the actual line in the law that says it is. If you can't do that, you don't have an argument that something is illegal.

[DeathAndTaxes]

Hey KNC what size are the mounting holes on the PCB?  M3?

[mmitech]

so any news about these chips ? how fast do you think it will take them to get everything ready? dead line is coming to its end soon and there is no news about a working chip, I have no order but I am really curious.

[kuriboh]

so any news about these chips ? how fast do you think it will take them to get everything ready? dead line is coming to its end soon and there is no news about a working chip, I have no order but I am really curious.

We don't need news about the chips.

We need news about a functional unit. I want to believe that this monday we will see a unit hashing and everybody getting a delivery date.

[The Avenger]

The burn-in will take about 5-20 seconds.

They are only going to power up, not even time for things to heat up. What BS. They aren't going to risk pushing their chips in case they fail. In which case, a lot of defective units are going to be shipped to customers 

[WastedLTC]

The burn-in will take about 5-20 seconds.

They are only going to power up, not even time for things to heat up. What BS. They aren't going to risk pushing their chips in case they fail. In which case, a lot of defective units are going to be shipped to customers 

Come on.  If they make it all the way to the end, can't you give them enough credit to know how to make the final step. 

[DPoS]

The burn-in will take about 5-20 seconds.

that's all it will take for ROI !! 

[cognoscente]

I'm hoping there is a step in there to spray-foam pack around the coolers before they close up the case, or these things are likely to get beat all-to-hell during shipping.

+1

[ASIC-K]

The burn-in will take about 5-20 seconds.

They are only going to power up, not even time for things to heat up. What BS. They aren't going to risk pushing their chips in case they fail. In which case, a lot of defective units are going to be shipped to customers 

i bet they meant minutes, not seconds.