Swedish ASIC miner company kncminer.com

[bobsag3]

My .061 industrial rate is serving me very well for hosting. + The generally cool weather where I live makes for not very much AC needed.

[coda]

hi

speaking about that wasted heat, have you heard about pelletier's modules (used with the seebeck effect)

and also about the stirling engine ? both can make electricity with heat ...

you just need tu re inject the DC in the miner with a power inverter and you miner costs you less money

so you earn more coins ... and the miners last longer


or you can also make electricity with piss too ...
it's also free but it's not generated by the computer

[crumbs]

hi

speaking about that wasted heat, have you heard about pelletier's modules (used with the seebeck effect)
...or you can also make electricity with piss too ...
it's also free but it's not generated by the computer

See also:  Rube Goldberg.
See also: Stirling stove-top fan.
Edit: I wish i could find the pic, but there was a Russian WW2-era thermocouple generator that fit  Found it!
Powered a tube radio (tubes have heater filaments, so they suck plenty of power)

[btc_uzr]

I'm sorry guys & gals, but this time Xallia & Crumbs are right.

When I ordered, It was for September DELIVERY, not September shipping.

Call it what you will... Fact is...   Come Monday... If the miners are not delivered... The miners are late.

might be very tight if you are not living next door

As we are now in production we can’t say for sure that your boxes will be ready for pickup on Monday.
There are no pickups before Monday in any case.
 
Most likely all your orders will be ready early next week, but that does bring us into October I’m afraid.

[Dalkore]

Yeah thats what I thought, but I was told otherwise. Not directly by the power corp though (it is a monopoly here, Nova Scotia Power) so maybe the guy who told me didn't really actually know what he was on about afterall.

-MarkM-

It would look like he is incorrect.  Residential customers may be partially subsidized but they still pay more per kWh.  Then again with residential rates @ $15 per kWh in the long run it is unlikely they will be profitable.  Even leasing warehouse space to get large commercial rates wouldn't make much sense as they are still $0.09 per kWh.  There are parts of the US where large commercial power users pay <$0.03 per kWh.

http://www.nspower.ca/en/home/residential/billing/powerrates/default.aspx

Ahem, did someone say cheap power?    We are actually getting our first KNC units really soon (hopefully).   I can't wait to check them out.

[coda]

http://www.youtube.com/watch?v=qEs0c-m2YNE

http://www.hi-z.com/products.php

http://www.greenoptimistic.com/2010/01/02/31-efficient-stirling-engines-used-to-convert-1-5mw-of-arizona-solar-power/#.UkXsbygiN34

[Micky25]

Many thanks @DeathAndTaxes (whose posts I always admire) for putting my thoughts in a million time more eloquent way and @crumbs for the nice and skillfull quoting  

... I can imagine a future in which the hardware that secures the network is warming our homes and our water, and I like it

Sadly this site is in German only (till now), but I think the concept is clear https://www.aoterra.de/
Maybe the "terra" in the name is unfortunate in this community right now..

[Phoenix1969]

I'm sorry guys & gals, but this time Xallia & Crumbs are right.

When I ordered, It was for September DELIVERY, not September shipping.

Call it what you will... Fact is...   Come Monday... If the miners are not delivered... The miners are late.

thanks. much appreciate this statement..

I think someone just withdrew from the fan club...

Easy there, I'm still a fan, but the truth is the truth. When I was placing orders, especially the first one(5x), they were still indeed advertising



I could spend hours digging up more, but no bother, I'm just a bit sad we are indeed behind now. Those of us who were in the first 890 preorder, were told we would get our machines in september, and were told several times they are on track for "september delivery", which has somehow turned into "Shipping in September"

[Xialla]

I could spend hours digging up more, but no bother, I'm just a bit sad we are indeed behind now. Those of us who were in the first 890 preorder, were told we would get our machines in september, and were told several times they are on track for "september delivery", which has somehow turned into "Shipping in September"

YEEEEEEES

[frankenmint]

turned off ignore on Xialla....and remembered why it was turned on.  I need to stop being a sucker for updates on this thread.

[Vedran Yoweri]

turned off ignore on Xialla....and remembered why it was turned on.  I need to stop being a sucker for updates on this thread.

Did a quick show/hide. Yep, don't mis that.
 

[btc_uzr]

(...)
I could spend hours digging up more, but no bother, I'm just a bit sad we are indeed behind now. Those of us who were in the first 890 preorder, were told we would get our machines in september, and were told several times they are on track for "september delivery", which has somehow turned into "Shipping in September"

I'm curious how long it takes until -Redacted- or TheAvenger jump on you..

(...)

instead of
"Can you Xialla and everyone else stop WHINING LIKE CHILDREN, we're all getting really sick of it."
you should yell
"KnC what the fuck is going on, you make me dealing with more and more ppl being pissed off, we're all getting really sick of it."

Whine, whine, whine, whine, whine, whine, ad nuseum...

now this shady 'no more refund' policy (because of mass refunds?),

Speculation. Speculation. Speculation.

(...)

You enjoy that speculation?

It doesn't mean anything.

instead of
"Can you Xialla and everyone else stop WHINING LIKE CHILDREN, we're all getting really sick of it."
you should yell
"KnC what the fuck is going on, you make me dealing with more and more ppl being pissed off, we're all getting really sick of it."

Most of the FUD comes from comparing KNC to other companies.

(...)

If KNC ship on or before 30th Sept, they have kept their big promise. No one knows if they will or not, so everything else is speculation.

As I said a page back, better to stick to the facts we have and wait for updates (from KNC directly, or from Bitcoinorama who says he is going to Sweden tomorrow and will report back with facts and pictures/videos).

[rizzman]

I know how you feel. ROI is looking very unlikely without deadline being missed. This just adds to that unlikelihood.

It's pie in the sky, but I have to imagine they know they absolutely must to pull this off. Its bad enough that they dumped the price by over 2K for what is now suppose to be just a month of lead time, but considering the lion share of KNC's money will in theory come from re-investors, they have to make sure they don't burn the initial investors. I'm not sure how they are going to do this but they are smart guys, they must know this has to happen to be long term solvent.

But then again, they have till Monday to show good on their promise, and we shall see by then if KNC can keep its promise, and by how much they intend to over-deliver.

[ilovethebtc]

Don't want to be a downer, but I am thinking KNC is gonna flop hard just like terrahash.

[btc_uzr]

Don't want to be a downer, but I am thinking KNC is gonna flop hard just like terrahash.

nah, they will make it, shipping starts very likely on Monday/Tuesday....you're either not up to date or trolling

I know how you feel. ROI is looking very unlikely without deadline being missed. This just adds to that unlikelihood.

It's pie in the sky, but I have to imagine they know they absolutely must to pull this off. Its bad enough that they dumped the price by over 2K for what is now suppose to be just a month of lead time, but considering the lion share of KNC's money will in theory come from re-investors, they have to make sure they don't burn the initial investors. I'm not sure how they are going to do this but they are smart guys, they must know this has to happen to be long term solvent.

But then again, they have till Monday to show good on their promise, and we shall see by then if KNC can keep its promise, and by how much they intend to over-deliver.

they collected quite some money,
devices are way overpriced,
they could send 2xamount of hashing power ordered and would still make profit

...but guess what...we're living in a capitalistic world,
I do not except anything as 'compensation' - but would much appreciate it for sure

[Xialla]

Don't want to be a downer, but I am thinking KNC is gonna flop hard just like terrahash.

I don't think so..in KNC it is not about "if" but about "when"

[ilovethebtc]

nah, they will make it, shipping starts very likely on Monday/Tuesday....you're either not up to date or trolling

They don't even have a fully working product yet.

[frankenmint]

Don't want to be a downer, but I am thinking KNC is gonna flop hard just like terrahash.

nah, they will make it, shipping starts very likely on Monday/Tuesday....you're either not up to date or trolling

I know how you feel. ROI is looking very unlikely without deadline being missed. This just adds to that unlikelihood.

It's pie in the sky, but I have to imagine they know they absolutely must to pull this off. Its bad enough that they dumped the price by over 2K for what is now suppose to be just a month of lead time, but considering the lion share of KNC's money will in theory come from re-investors, they have to make sure they don't burn the initial investors. I'm not sure how they are going to do this but they are smart guys, they must know this has to happen to be long term solvent.

But then again, they have till Monday to show good on their promise, and we shall see by then if KNC can keep its promise, and by how much they intend to over-deliver.

they collected quite some money,
devices are way overpriced,
they could send 2xamount of hashing power ordered and would still make profit

...but guess what...we're living in a capitalistic world,
I do not except anything as 'compensation' - but would much appreciate it for sure

bet my bottom satoshi that their version of compensation is the 'substantial hashpower'

guys....we do need to relax...after Oct 14th, by all means grab your pitchforks.  Delivered in my eyes could also mean "I delivered to the world.....a 28 nm asic btc miner"  

did we lose our bitbets - sure we definitely did....but if we get units in week 1 october, its a major win in comparison to BFL or avalon post batch 1s.

[crumbs]

...
It's pie in the sky, but I have to imagine they know they absolutely must to pull this off. Its bad enough that they dumped the price by over 2K for what is now suppose to be just a month of lead time, but considering the lion share of KNC's money will in theory come from re-investors, they have to make sure they don't burn the initial investors. I'm not sure how they are going to do this but they are smart guys, they must know this has to happen to be long term solvent.
...

Ohai.
BFL is getting *pre-orders*.
Imagine if they had product in stock?  Who would care about reputation?  You?

[rizzman]

Here's a question - has anyone done the math to see what the profitability will be in switching over to an alt-coin early? I know for a good while when the difficulty was approaching unprofitability for GPU's other miners were able to make more profit mining alts, then trading them for bitcoin than they were just mining bitcoin.