Swedish ASIC miner company kncminer.com

[600watt]

*If* that's the case, they will probably arrange clearance ahead of time by informing customs as to the exact nature of their goods.

You are required to send a prior notification according to Swedish customs: http://www.tullverket.se/innehallao/f/foranmalanavvaror/foranmalanavvaror/summariskinforseldeklaration.4.746caaf2118a74da0328000192.html

The shipping/courier companies will take care of this for you. If you bring the commercial merchandise you have to make sure you do it yourself. Again, hopefully KnC have already done this. If not there's still time to do it.

http://www.theinquirer.net/inquirer/news/1038857/cpu-memory-smugglers-nabbed-due-to-unexpected-fog

just found this in another thread. the fud is big in this one...

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[joae1975]

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

It can't be too high.  They said a 850w Psu will cover it.  I'm glad I bought 1000w.

[btc_uzr]

So, it's 8 days an counting down for KNCminer to fulfill their first ship promise.

 

Today is last day of summer. Mars was at the point in time of the news on the roadmap, too.

We will be in the upcoming weeks opening our order book to allow the purchase of our first set of ASIC miners. They are in the early stages of development now and will be ready in the summer of 2013 (yes in just a few months)

As well as it is last day of the (business) week

We will update this news site as often as we can with news. We will even have some videos this week from our Swedish assembly factory as some of our smaller parts begin to be assembled ready for full production the minute the chips arrive.

It seems like there issues causing (minor) delays?

[jayeeyee]

Has batch #1 from KnC shipped yet?  I'm getting ready to pull out of BFL and re-invest back into KnC for their November batch #2 target.  Any words out there?

[xstr8guy]

Has batch #1 from KnC shipped yet?  I'm getting ready to pull out of BFL and re-invest back into KnC for their November batch #2 target.  Any words out there?

Hmm, there has been no discussion for quite some time regarding KNC shipping anything.  They must have gone out of business.  No one has posted in this thread in many weeks.

You should probably just keep your BFL order.  They really seem like your best option.

[Cablez]

Has batch #1 from KnC shipped yet?  I'm getting ready to pull out of BFL and re-invest back into KnC for their November batch #2 target.  Any words out there?

Hmm, there has been no discussion for quite some time regarding KNC shipping anything.  They must have gone out of business.  No one has posted in this thread in many weeks.

You should probably just keep your BFL order.  They really seem like your best option.

You owe me a new monitor. 

[erk]

Has batch #1 from KnC shipped yet?  I'm getting ready to pull out of BFL and re-invest back into KnC for their November batch #2 target.  Any words out there?

Hmm, there has been no discussion for quite some time regarding KNC shipping anything.  They must have gone out of business.  No one has posted in this thread in many weeks.

You should probably just keep your BFL order.  They really seem like your best option.

That's kinda true, for a 518 page thread there is probably about 5 pages of on topic content. One of the most derailed ASIC threads I have seen.

[xstr8guy]

Has batch #1 from KnC shipped yet?  I'm getting ready to pull out of BFL and re-invest back into KnC for their November batch #2 target.  Any words out there?

Hmm, there has been no discussion for quite some time regarding KNC shipping anything.  They must have gone out of business.  No one has posted in this thread in many weeks.

You should probably just keep your BFL order.  They really seem like your best option.

That's kinda true, for a 518 page thread there is probably about 5 pages of on topic content. One of the most derailed ASIC threads I have seen.

That's the problem with epic threads like this.  People return to them so often for any news.  And when there isn't anything new to report, they eventually start to treat it as their "homepage". 

Now just wait for them to start shipping!  People will turn this into a support thread rather than using a more appropriate thread.   

[joae1975]

Has batch #1 from KnC shipped yet?  I'm getting ready to pull out of BFL and re-invest back into KnC for their November batch #2 target.  Any words out there?

Hmm, there has been no discussion for quite some time regarding KNC shipping anything.  They must have gone out of business.  No one has posted in this thread in many weeks.

You should probably just keep your BFL order.  They really seem like your best option.

That's kinda true, for a 518 page thread there is probably about 5 pages of on topic content. One of the most derailed ASIC threads I have seen.

Go Steelers!!!!!!!!

[-Redacted-]

What, you don't care about what if Jupiters are going to hash at 350 400 450 500 550 600 666 750 at least 400  Gh/s and that the chips are going to be be delivered by private courier  James Bond  DHL on private jets  submarines  secret courier planes commercial aircraft to avoid customs  the chinese mafia  complications?

[polarhei]

Has batch #1 from KnC shipped yet?  I'm getting ready to pull out of BFL and re-invest back into KnC for their November batch #2 target.  Any words out there?

Hmm, there has been no discussion for quite some time regarding KNC shipping anything.  They must have gone out of business.  No one has posted in this thread in many weeks.

You should probably just keep your BFL order.  They really seem like your best option.

That's kinda true, for a 518 page thread there is probably about 5 pages of on topic content. One of the most derailed ASIC threads I have seen.

Because of ORSoc monitored, the small thread can have many pages.

[Ytterbium]

No intelligent company tosses $250 worth of components and PCB because a $25 chip is bad...

You do if you're in a rush to make a headline-breaking deadline, and if it's a significant number of rejects you hire someone to extract what they can off the board to put in the scrap bin.

Hypothetically if it cost them $2kUSD overhead per unit, and they sold 100,000 units expecting a 5% reject rate then they'd have 110,000 units of inventory (more in reality). Considering they're making 50% (roughly) per unit, a 1% loss per unit isn't a big deal.

I suspect that you've never actually owned an electronics business of your own...

Maybe someone has never raced in a formula-1 race, too...

-MarkM-

Heh, in formula-1, of course, they throw out the engine after every race

Well, to start with, you don't scrap bad boards that cost 10x what the main chip on them costs - especially when you are paying software licenseing fees for each copy of the embedded firmware on them.  

Once things have died down, and depending on what the trouble is with the board,  you would either rework it to replace the hashing chip and sell it as an add-on module later, you might possibly use it in a lower end machine (probably not worthwhile), or, at the very least sell them "as is" for the cost of the parts.  I do not doubt they ordered extra to get through this first batch, but I seriously I doubt they are planning to just throw money in the trash afterwards...

Why would they pay licensing fees for boards you scrapped? And what embedded software?  The only thing the boards have on them are Asics and power supplies.

Also, each package actually has 4 completely independent hashing chips (complete with independent power connectors).  It's unlikely all 4 will be bad and they'll probably just self-mine with the bad chips.

[markm]

Heh, in formula-1, of course, they throw out the engine after every race

That does seem to be about where bitcoin mining might be headed, doesn't it? At least for a while...

-MarkM-

[Tursk]

Heh, in formula-1, of course, they throw out the engine after every race

No they don't.

[Ytterbium]

Anyway, regarding testing the chip vs. testing the PCB.  Remember, this is what the PCB looks like:



That's with a stand-in FPGA.

There isn't really anything on the board other then the main IC, and 8x power supplies. Each one costs $25.05547 a piece when you buy a reel of 700, so that is $200.44 for the  power supplies. The rest of the components look pretty inexpensive.

As far as the cost in the event of a completely bad chip, you probably wouldn't want to actually throw it out, but you could easily just set it aside and then go back later and remove the power supplies.

Or as I said, if there's only a problem with one of the 4 completely separate hashing circuits, they could use that miner as one of their own self-mining units.

They made it very clear that they are going to test each unit before sending it to the customer, but only for about 20 seconds each.

There are a ton of "armchair experts" on this board who think they know more then the people actually doing things.

Heh, in formula-1, of course, they throw out the engine after every race

No they don't.

well they rebuild them, from what I understand.

[Beta-coiner1]

Has batch #1 from KnC shipped yet?  I'm getting ready to pull out of BFL and re-invest back into KnC for their November batch #2 target.  Any words out there?

Not yet,but if you do want batch #1 hardware check out my auction here.I contacted KNC earlier and they mentioned they are preparing to ship orders out very soon,but didn't give a definitive date.


About the issues concerning customs,I had asked about that issue in the past and they mentioned about labeling it simply as 'computer hardware' to get around customs issues.

[Puppet]

Sorry if this is has been asked before, but its a long thread. Will these miners have a CE/FCC label on them?

[Miz4r]

The growth seems to be accelerating still, if anything:

http://bitcoin.sipa.be/growth.png

A solid 2.5% per day, which is +125% per month.

Perhaps the growth of the growth has tapered off a little but thats a bit meta to me and statistical noise at this point

Yes it is accelerating still, however the growth of the growth seems to have tapered off.  Maybe it's just me hoping and wishing too much.

Anything is an acceleration this is still very much the GPU transition. There was supposed to be a 130nm, and 65nm stage, but we all know how that went and who received the lion's share of that (specific companies themselves, delay tactics, lies, etc.). This is about to be the peoples' real ASIC revolution. Viva!

I don't think the people are gaining much from this. The profit lies with the companies selling the miners, not the people buying them as they can only pray for ROI.

Agree!

Pffft who is taking all the risk? The guys betting few $K, or the guys betting the chance they will never ever be allowed to run a business again with reputation as mud?! They have always stated they build a machine that spit coins, your bet is on BTC being taken as a legitimate currency in future. If you want to make big coin then innovate a means for mainstream use and adoption. Brain power trumps plugging in machines that print money. Margins there will always be squeezed by more affluent people once product prove safe to purchase and elec. is cheap. That's a no brainer.

Sorry to break it to you bro, but common sense dictates here...

Oh please... if your bet would be on BTC being a legitimite currency in the future it would be more profitable to just buy BTC instead. People just got sucked into the BTC mining rush with their eyes looking like dollar signs, and now these same people are going to find out how it feels to be crushed under the wheels of exponential increasing difficulty. I don't think KNC is a bad company or anything, they will probably take their place as 2nd best mining hardware company after Bitfury. But to claim that this is the ASIC revolution for the people... please, people who have risked their money will be very lucky to break even in the future and most certainly would have done better by buying BTC directly.

[Bitcoinorama]

The growth seems to be accelerating still, if anything:

http://bitcoin.sipa.be/growth.png

A solid 2.5% per day, which is +125% per month.

Perhaps the growth of the growth has tapered off a little but thats a bit meta to me and statistical noise at this point

Yes it is accelerating still, however the growth of the growth seems to have tapered off.  Maybe it's just me hoping and wishing too much.

Anything is an acceleration this is still very much the GPU transition. There was supposed to be a 130nm, and 65nm stage, but we all know how that went and who received the lion's share of that (specific companies themselves, delay tactics, lies, etc.). This is about to be the peoples' real ASIC revolution. Viva!

I don't think the people are gaining much from this. The profit lies with the companies selling the miners, not the people buying them as they can only pray for ROI.

Agree!

Pffft who is taking all the risk? The guys betting few $K, or the guys betting the chance they will never ever be allowed to run a business again with reputation as mud?! They have always stated they build a machine that spit coins, your bet is on BTC being taken as a legitimate currency in future. If you want to make big coin then innovate a means for mainstream use and adoption. Brain power trumps plugging in machines that print money. Margins there will always be squeezed by more affluent people once product prove safe to purchase and elec. is cheap. That's a no brainer.

Sorry to break it to you bro, but common sense dictates here...

Oh please... if your bet would be on BTC being a legitimite currency in the future it would be more profitable to just buy BTC instead. People just got sucked into the BTC mining rush with their eyes looking like dollar signs, and now these same people are going to find out how it feels to be crushed under the wheels of exponential increasing difficulty. I don't think KNC is a bad company or anything, they will probably take their place as 2nd best mining hardware company after Bitfury. But to claim that this is the ASIC revolution for the people... please, people who have risked their money will be very lucky to break even in the future and most certainly would have done better by buying BTC directly.

I'm sorry do you really expect people to not keep purchasing hardware to the point by which profit margins are squeezed to such an extent they are minimal in comparison to electricity, yet more likely to give a greater gain over a year than held in a bank, just like GPU mining? What did those guys do exactly?...they bet on BTC price increasing making their effort worthwhile. Exact same scenario, expect currently profit margins still remain greater until everyone has caught up. KnC provoded the safest bet with people's funds that's all. Lets see what eventual power consumption and hashrate is before crowning anyone. That's for both parties.

[Miz4r]

For KNC to compete with Bitfury they should have delivered weeks ago, now it's simply too late. KNC first said they would deliver this Summer, then it became September and now it's (hopefully) before the end of September. I know it's a tight schedule, but Bitfury has shown they can deliver when they say they can deliver, KNC so far has not. Hashrate would need to be over 600Gh/s and power consumption under 600W to compete with Bitfury, I don't see that happening.