Swedish ASIC miner company kncminer.com

[Phoenix1969]

Ooooh, Hold on...





aaaaah, much better

[xstr8guy]

Is there a catchy Internet phrase or abbreviation for "wild conjecture"?

This thread is full of it.  Lol.  It's like some people have invented their own reality when it comes to their guesses in how KNC is manufacturing and bringing these miners to market.   

[DPoS]

Is there a catchy Internet phrase or abbreviation for "wild conjecture"?

This thread is full of it.  Lol.  It's like some people have invented their own reality when it comes to their guesses in how KNC is manufacturing and bringing these miners to market.   

just your ordinary internet wackjobs running amok

[dhenson]

Wasn't it today that the chips were supposed to be out of the packaging facility and 007 style escorted back to Sweden?  Can we get an update, or did I just miss it?

[Micky25]

live stream

[demonmaestro]

I sure hope not.. 

[xstr8guy]

Is there a catchy Internet phrase or abbreviation for "wild conjecture"?

This thread is full of it.  Lol.  It's like some people have invented their own reality when it comes to their guesses in how KNC is manufacturing and bringing these miners to market.   

Oh wait, I think I have it.  I nominate...

IRYRASMO

"Who" can guess what that means?  Hint, the first word of the previous sentence is a clue for where the phrase first appeared.  And it was later made famous by a geeky redhead.  Is that obvious enough? 

[the-skeptic]

So you wanna talk speculation? So how fast is the Jupiter really going to be? What will the overclocking potential be like if they are actually pushing say 500GHs at a low clock speed? (I don't think 500GHs is wildly optimistic based on KNC's recent comments) Will overclocking be even more beneficial because of the extra baseline speed? Overclocking 15% on a 500GHs rig should yield 25% more speed increase than overclocking a 400GHs machine, right? 75GHs increase versus a 60GHs increase according to my simpleton math skills.

[soy]

Is there a catchy Internet phrase or abbreviation for "wild conjecture"?

This thread is full of it.  Lol.  It's like some people have invented their own reality when it comes to their guesses in how KNC is manufacturing and bringing these miners to market.   

Oh wait, I think I have it.  I nominate...

IRYRASMO

"Who" can guess what that means?  Hint, the first word of the previous sentence is a clue for where the phrase first appeared.  And it was later made famous by a geeky redhead.  Is that obvious enough? 

[Anenome5]

*patiently waiting for video and refreshing KNC website every hour*

Try "Page Monitor" plugin for Chrome. Refreshes every 10 minutes, audible alarm for changes discovered, free.

[Anenome5]

Being engineers, they more than likely they ordered 30% more of everything than they needed, and they already planned for the 2nd batch orders. I would guesstimate, they have plenty of on hand and are willing to toss some components if necessary. Figure a 5% failure rate at worst for these scenarios, so it's within acceptable boundaries.

Yeah. I think they still have margins on margins. We know there are 4 engines in the chip. I think they might be quoting us a 100 gh/sec figure based on three of those engines working when we might very find all four working.

So, perhaps the theoretical max hasrate if all four engines are working is more than 125 gh/s per chip, but more like 150+, perhaps even 166 or so. Putting our hashing max at some 650 gh/s. We shall see.

[Anenome5]

I imagine they'll test each board before its even installed in a case, then assemble cases out of working boards, flash in your miner details to do the burn-in for minutes, then ship. Easy peasy.

[faetos]

So you wanna talk speculation? So how fast is the Jupiter really going to be? What will the overclocking potential be like if they are actually pushing say 500GHs at a low clock speed? (I don't think 500GHs is wildly optimistic based on KNC's recent comments) Will overclocking be even more beneficial because of the extra baseline speed? Overclocking 15% on a 500GHs rig should yield 25% more speed increase than overclocking a 400GHs machine, right? 75GHs increase versus a 60GHs increase according to my simpleton math skills.

My money is on 600 GH/s

[-Redacted-]

Being engineers, they more than likely they ordered 30% more of everything than they needed, and they already planned for the 2nd batch orders. I would guesstimate, they have plenty of on hand and are willing to toss some components if necessary. Figure a 5% failure rate at worst for these scenarios, so it's within acceptable boundaries.

Yeah. I think they still have margins on margins. We know there are 4 engines in the chip. I think they might be quoting us a 100 gh/sec figure based on three of those engines working when we might very find all four working.

So, perhaps the theoretical max hasrate if all four engines are working is more than 125 gh/s per chip, but more like 150+, perhaps even 166 or so. Putting our hashing max at some 650 gh/s. We shall see.

I wouldn't be getting my hopes up.  If this goes on for much longer, someone will be starting to think that a Jupiter will hash at 1.6 Th/s - because what if they planned for only ONE engine to give 100 Gh/s. I'd prefer to leave the "what ifs" for "wait and sees"....

[faetos]

live stream

That is sooooo funny! Thank you for the laugh.

[Anenome5]

I really want to see KNC and Cointerra delivering and going head to head.

Cointerra? Lol. Maybe KNC and Bitfury.

What makes you skeptical about Cointerra? Seems legit.

[Anenome5]

I know it's probably too early to tell, but it seems like increase in hashrate since the last difficulty jump has tapered off a little bit.  Anyone else notice that?  

Janitor probably ran over a cat5 cable somewhere.

Lol, thanks for the chuckle ^_^

I can only imagine the heart attack of someone when they realize their bitcoin mining farm just went down because the $12/hour janitor cut a cable with his concrete polishing machine

I know it's probably too early to tell, but it seems like increase in hashrate since the last difficulty jump has tapered off a little bit.  Anyone else notice that? 

No. Next projected diff increase is +20% already. Bernanke must also be in charge of the hashrate. 

lol!

[the-skeptic]

So another point: If people think that individual miners have a lot to lose when difficulty skyrockets, punch in some numbers for the 200THs farm. These days they are making $300,000 a month, but when difficulty hits 1.1B (which should happen fairly rapidly) that will drop to $30,000 a month. Are they planning to go to 400THs then 800THs and so on? When they start consuming 100KW of electricity just to stay online do they split up into several smaller farms at multiple locations?

This is why I think the economy of scale for smaller miners (like most of us) is better and the BTC mining world naturally wants to be decentralized. I don't have a problem dumping my first two or three months (hell even 6 months) of mined BTC to buy more hashing power, just so I can stay in the black.  Is the 200THs group investing a couple hundred thousand a month on new hardware each month? Do they have the stamina to do that month after month? Eventually they will grow unprofitable and need to sell off their hardware cheap, just like ASICMiner. They'll crumble and the smaller miners pick will up the hardware, maintaining the hashrate.

[demonmaestro]

That maybe true BUT the BIG question is what will happen once all the blocks are mined?

[Anenome5]

That maybe true BUT the BIG question is what will happen once all the blocks are mined?

You mean in 120 years from now? o_O

The answer is that bitcoin should've taken over world commerce then and miners fees will have long since eclipsed mining fees. At some point there's an inversion that takes place, where miners fees become bigger than the block reward on average.

I wonder when we'll see that happen for the first time.

Mining fees right now occasionally add up to one entire bitcoin. Perhaps in the year to come we'll see that figure double or triple as commerce takes off.