Swedish ASIC miner company kncminer.com

[Biffa]

I'm surprised they don't throw in a few free t-shirts and a night with bitcoinorama to get people to part with their btc today  

You get that if you buy 10 

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[arlekyn13]

Instead of a new expensive pre-ordered miner, I'm more interested in the tuning software that might (or not) be able to fix broken ASIC boards. Also, why not start selling Nov batch type ASIC boards and controller boards to Oct customers willing to get higher speeds? I mean, just the boards, not the chips (assuming the chips can be moved to a new board, I have no idea about that cause I never removed the cooler to see how the chip is fixed into the board). Anyone could estimate the cost of an ASIC board (without the ASIC itself)/bb board?

[Bitcoinorama]

@Bitcoinorama, thanks for your comments.

My 100% investments is with KNC, now. I would trust KNC over other vendors. They delivered fast, and it's just not fast enough to my BTC investment back.

I just decided to stay away from it till, 2014-Q2. I think, by then there will be some stability, ~10% upwards trend.

It would be great if they could give us a date / month estimate and customer protection plan (even if it costs extra $$).

Also, I hope 4 months down the line KNC will be able to sell miners directly, without requiring a preorders.

Ok completely understand and we do aim to sell from stock, even some more 28nm, but we don't want to destroy the hashrate, and the fact of the matter is when we have any stock it's there for minutes. Pre-orders allow for NRE to be covered, but also sell out a little less quickly as in days, not minutes.

Obv. a more detailed month estimate will become available, but you have to understand that involves securing fab time, and reasonable expectations of delivery from suppliers. When you but the world's supply of multiple components you invariably end up having to await bespoke orders to be fulfilled at desired volumes, in most cases that's 12+ weeks. On top of which the design needs to be finalised. You may be surprised to here it's not just limited to specific components such as VRMs, finding a particular capacitor, or resistor can be troublesome. We experienced just that with the recently revised boards. Even the initial October batch as you saw we were restricted on available components (VRMs again). We do not want to make promises we cannot fulfill, so we will know more as the design process unfolds and will keep you in the loop.

[murraypaul]

All orders were sent to the facility at the same time in one batch file, all overseen by a logistics contractor handling the bespoke software that integrates the production line with UPS. One guy sits in the office, one on site when needed. Do not pretend you know anything about what you are talking about.

Which has nothing to do with the fact that they went back on their word to provide refunds right up until your device shipped.

[madsusies]

Thx Bitcoinorama 4 nothing, mostly the mercury hash only 80-99Ghas, most of 200 oct boards ended in Jupiter's owners hands, or on ebay, bitmit, marke place and please do don't write like there is only one manufacturer for each part of mainer in world

[Rawrkanos]

Bitcoinorama, do you have any input from KNC in regards to the fellows trying to sell access to the Neptune order to non-customers? And in line with that, what is the judgement for me, whose is trying to give it away instead, just to keep the money from the pockets of those greedy fellows selling it?

[sickpig]

Thx Bitcoinorama 4 nothing, mostly the mercury hash only 80-99Ghas, most of 200 oct boards ended in Jupiter's owners hands, or on ebay, bitmit, marke place and please do don't write like there is only one manufacturer for each part of mainer in world

sorry for bothering, but would you mind to use the width property to resize the img you post?

[madsusies]

Sry, but NO, because I'm on phone in work mostly, because mercury don't pay all your bill like Jupiter's do, feel free to edit my post

[Bitcoinorama]

@Bitcoinorama, any news on the tuning software? Really curious if it has the potential of fixing die #0 issues without insane temps.

Ok I've literally just tried to tie down a confirmed date. Current indication from the engineers I spoke to is tomorrow. That's based on them testing it, they are happy with the values you can set, but the lead software engineer on that piece of software is not around currently so I won't be held to anything definite. I'm unlikely to see him until tomorrow. So for all intents and purposes all the guys present today are happy with it.

[Bitcoinorama]

All orders were sent to the facility at the same time in one batch file, all overseen by a logistics contractor handling the bespoke software that integrates the production line with UPS. One guy sits in the office, one on site when needed. Do not pretend you know anything about what you are talking about.

Which has nothing to do with the fact that they went back on their word to provide refunds right up until your device shipped.

and everything todo with the way the contractors designed the automated system, and the ball ache with interrupting the chain of production. In any case it's a mute point as they switched to DHL mid way which they did not have an automated system set up for and began pulling devices manually. Bizarrely when that happened hardly anyone asked for a refund. In any case the FUD being spread about ROI (which is never promised as this is not an investment, it is hardware sales with prices based upon NRE costs - the Bitcoin protocol determines reward - the machines jut process, verify and secure transactions on the network) and making all the fuss about refunds was generally by people intent on starting mass refunds for whatever purpose that may be...

[Bitcoinorama]

Thx Bitcoinorama 4 nothing, mostly the mercury hash only 80-99Ghas, most of 200 oct boards ended in Jupiter's owners hands, or on ebay, bitmit, marke place and please do don't write like there is only one manufacturer for each part of mainer in world

...what?!

[Bitcoinorama]

Bitcoinorama, do you have any input from KNC in regards to the fellows trying to sell access to the Neptune order to non-customers? And in line with that, what is the judgement for me, whose is trying to give it away instead, just to keep the money from the pockets of those greedy fellows selling it?

There is no official line. The buyer is the person who owns the account. Logic dictates that person can alter aspects of the deliver, and cancel the delivery for a refund at will, so if you are entrusting your order with a stranger that a) has absolutely nothing to do with us, and b) you are entrusting your order with a stranger.

You're on your own there mate, KnC will not have anything to do with the order if it goes awry. We are selling to previous customers and to the owner of that associated email account.

Orders will open to gen public in two weeks at $2.5k more. The reward is for previous customers. We would wish to believe they behave with integrity, but will not be held responsible otherwise.

[naRky]

@Bitcoinorama, when will be tuning suite/new firmware release?

[CeeCee]

@Bitcoinorama, when will be tuning suite/new firmware release?

@Bitcoinorama, any news on the tuning software? Really curious if it has the potential of fixing die #0 issues without insane temps.

Ok I've literally just tried to tie down a confirmed date. Current indication from the engineers I spoke to is tomorrow. That's based on them testing it, they are happy with the values you can set, but the lead software engineer on that piece of software is not around currently so I won't be held to anything definite. I'm unlikely to see him until tomorrow. So for all intents and purposes all the guys present today are happy with it.

[madsusies]

The firmware will be same for october and November units? (The October units doesn't support turbo mode, right?)

[Bitcoinorama]

The firmware will be same for october and November units? (The October units doesn't support turbo mode, right?)

Well there is talk of the firmware supporting both units, but identifying one from the other, so in essence there will certainly be differences.

[Minor Miner]

Is there somewhere on the site that they post how they are shipping?   On Monday someone posted that they shipped 100 units but I cannot find anything since?
Can you tell us what order number they shipped yesterday or how many per day are going out etc?

[Searing]

how many coins do you guys think it will generate overall for 1 Neptune and how long will it take to break even when it delivers

Dude you are talking about like half a year away. Anything can happen and I can guarantee you there will be many delays. On the record!

Well that is an interesting point...I found out about bitcoin mining in april (got burnt by bfl) but at least I found out about this. I was pretty bored was gonna burn
elec and put up the old bbs game server for something to do ..figured what the heck eat 60 bucks elec a month for the hobby

so anyway....got a july 1st order knc miner...bitcoin was 80 bucks or so in april was like 150 bucks when I got the miner..figured ..if knc delivered in Dec or so it probably
would take me a year (modest diff rises) to get ROI back and maybe enough change to pay my house utils for 7-9 months....so modest hobby mode

with bfl shaft and such looking at 8519 bucks or so out for this hobby that I "might" get ROI back from BFL fiasco ..but live an learn

so I ordered from the guys via paypal with "line drawings" of their miner (jeez) using cc option to bail out if need be

ok so they came thru

and BTC went from $150 1 month and 8 days since I started mining to what is it now www.mtgox.com $962 bucks ....I made my ROI in 25 DAYS I will have a bit over 25 coin by the end of this month....so yeah no complaints (sheez)

So for those wondering about me mining yeah I coulda/shoulda bought BTC direct.. but back then mining was more hobby mode and 'safer' I was told

anyway to my point
why did I get a Neptune? diff what it may be next year march or so

Well.....I was $8,519 in the hole starting this hobby with the above modest expectaions...if I apply 10k to next years Neptune miner....I have perhaps 32 plus coins out of my current Jupiter (if my math is wrong correct me) lifetime kinda sorta....

well that an't all that much over the top from the leap I took this summer for a modest hobby that was supposed to "tide me over" "for fun" for the next year or so mining etc

and even less risk now in that I will have probably by the time the miner arrives 32 or so BTC coin from this years "leap of faith"

rinse/wash/repeat now BTC could go boom and all the other stuff but again ...except for the world gone mad btc wise and the Asia folks pushing this mining hard....

the risk this year for my bored little hobby attempt is somewhat 'less' of a risk ...even if I mis-judge my Neptune miner

anyway for those who wonder why anyone would buy a miner that far ahead (also KNC seems to deliver)

anyhoo the denial of my mind's way of justifying this (much like getting a bass boat.....no real reason but mining makes me warm and fuzzy inside)

my 2c worth

Searing

[joeventura]

Thx Bitcoinorama 4 nothing, mostly the mercury hash only 80-99Ghas, most of 200 oct boards ended in Jupiter's owners hands, or on ebay, bitmit, marke place and please do don't write like there is only one manufacturer for each part of mainer in world

...what?!

My sentiments exactly!!!

[sbfree]

if anyone is going to order 1 or 2 kncminer NEPTUNES, I would have you seriously consider Wesly's offer and use his reseller link:

He offers a mighty fair deal! Read about it if you are seriously considering a neptune. Good luck!

https://bitcointalk.org/index.php?topic=348743.msg


his reseller link direct to knc:

https://www.kncminer.com/?resellerid=354