Swedish ASIC miner company kncminer.com

[xstr8guy]

But... and here's the kicker... KNC will be shipping only Jupiters (no Saturns)from stock or with a very short build time.  Remember, no one else will be shipping orders made today until March/April at the soonest.  Therefore KNC will be pricing accordingly, easily double your $4000 guesstimate.

They shouldn't, because they said if they did ship again, they would do it at a discounted rate.

It's presumed a Jupiter wouldn't cost 30% more than it did weeks ago, coming from the same company, using stock they already own which isn't being used.

And if they did do that, a lot of their "loyal customers" would get very hot very quick.

Maybe you're right. I certainly hope you are!  Bitfury is taking quite a beating from past customers for their price gouging.  And to make it an even more bitter pill to swallow, they had plans to sell boards for $350 before the price of bitcoin went through the roof.

So don't discount the importance of the price of bitcoin.  It makes sensible people do irrational things.

[1713977009]

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[1713977009]

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[opentoe]

Let's be honest - the only reason knc are doing 20nm is to justify the ridiculous price.

I was thinking today.. I wish I'd had the spare funds a few months back to buy in when it was $100/btc.

Neptune would've cost me a grand ...

This is one reason why I enjoy the possibilities with bitcoin. Sure, the value fluctuates, but that can create some great opportunities for those already in it.

Not really, since KNC still puts the price in USD prices and still requires bitcoin. A company truly accepting bitcoin doesn't look at the USD worth at all. Trust me, weather BTC was $10 or $1000 you still would have had to pay $10k.

Uh.

10 btc purchased at $100/ea = $1,000 my cost.

1 Neptune = $10,000USD, which at the time of availability, would've been 10btc.

10 btc sent to KNC = $1,000 my cost.

What are you missing about this?

What I'm trying to say is KNC prices their gear in US dollars. Doesn't matter what the price of bitcoin is. When you go through the checkout process how ever many bitcoins it takes for that invoice to equal $10k or $13k is what you will pay. I'm being specific to how KNC does business, I understand is BTC lowers/rises and all that.

[vesperwillow]

Let's be honest - the only reason knc are doing 20nm is to justify the ridiculous price.

I was thinking today.. I wish I'd had the spare funds a few months back to buy in when it was $100/btc.

Neptune would've cost me a grand ...

This is one reason why I enjoy the possibilities with bitcoin. Sure, the value fluctuates, but that can create some great opportunities for those already in it.

Not really, since KNC still puts the price in USD prices and still requires bitcoin. A company truly accepting bitcoin doesn't look at the USD worth at all. Trust me, weather BTC was $10 or $1000 you still would have had to pay $10k.

Uh.

10 btc purchased at $100/ea = $1,000 my cost.

1 Neptune = $10,000USD, which at the time of availability, would've been 10btc.

10 btc sent to KNC = $1,000 my cost.

What are you missing about this?

What I'm trying to say is KNC prices their gear in US dollars. Doesn't matter what the price of bitcoin is. When you go through the checkout process how ever many bitcoins it takes for that invoice to equal $10k or $13k is what you will pay. I'm being specific to how KNC does business, I understand is BTC lowers/rises and all that.

Ok.. so then what are you clarifying? They want $10,000 for it. That might be, say, 10 bitcoins. They're getting $10,000. For me, it's only $1,000.

It DOES matter what the price of bitcoin is because I said I wish I had owned bitcoin @ $100, because it would make a Neptune $1,000 for me. for me.

[Biomech]

Let's be honest - the only reason knc are doing 20nm is to justify the ridiculous price.

I was thinking today.. I wish I'd had the spare funds a few months back to buy in when it was $100/btc.

Neptune would've cost me a grand ...

This is one reason why I enjoy the possibilities with bitcoin. Sure, the value fluctuates, but that can create some great opportunities for those already in it.

Not really, since KNC still puts the price in USD prices and still requires bitcoin. A company truly accepting bitcoin doesn't look at the USD worth at all. Trust me, weather BTC was $10 or $1000 you still would have had to pay $10k.

Uh.

10 btc purchased at $100/ea = $1,000 my cost.

1 Neptune = $10,000USD, which at the time of availability, would've been 10btc.

10 btc sent to KNC = $1,000 my cost.

What are you missing about this?

Some people don't get the idea that trade differential is a valid investment strategy. It drives me nuts. Bitcoin is a form of currency, i.e. a unit of exchange. If you use your brain, instead of "pure" idealism, you will always make the best exchange you can at any given moment.

Bitcoin is not going to replace the dollar. A cryptocurrency might in the future, but I doubt it. It does, and likely will continue to, work as a secondary currency and as a store of value to some extent. Not as good as gold for that, but better than most anything else right now. It's advantage over gold is that it can be transferred nearly instantly.

There's nothing wrong with your math or your thought process on this.

edited for fucked up quote tags

[soy]

Let's be honest - the only reason knc are doing 20nm is to justify the ridiculous price.

I was thinking today.. I wish I'd had the spare funds a few months back to buy in when it was $100/btc.

Neptune would've cost me a grand ...

This is one reason why I enjoy the possibilities with bitcoin. Sure, the value fluctuates, but that can create some great opportunities for those already in it.

Not really, since KNC still puts the price in USD prices and still requires bitcoin. A company truly accepting bitcoin doesn't look at the USD worth at all. Trust me, weather BTC was $10 or $1000 you still would have had to pay $10k.

Uh.

10 btc purchased at $100/ea = $1,000 my cost.

1 Neptune = $10,000USD, which at the time of availability, would've been 10btc.

10 btc sent to KNC = $1,000 my cost.

What are you missing about this?

What I'm trying to say is KNC prices their gear in US dollars. Doesn't matter what the price of bitcoin is. When you go through the checkout process how ever many bitcoins it takes for that invoice to equal $10k or $13k is what you will pay. I'm being specific to how KNC does business, I understand is BTC lowers/rises and all that.

too bad bitpay isn't a little quicker on tracking up ticks of btc value, e.g. fewer btc to equal the cost.

[Bogart]

It's Friday 13th, time for something spooky:

https://hashfast.com/hashfast-announces-fastest-bitcoin-mining-chip-in-the-world/

They mis-spelled "terahash".

[vesperwillow]

Some people don't get the idea that trade differential is a valid investment strategy. It drives me nuts. Bitcoin is a form of currency, i.e. a unit of exchange. If you use your brain, instead of "pure" idealism, you will always make the best exchange you can at any given moment.

Bitcoin is not going to replace the dollar. A cryptocurrency might in the future, but I doubt it. It does, and likely will continue to, work as a secondary currency and as a store of value to some extent. Not as good as gold for that, but better than most anything else right now. It's advantage over gold is that it can be transferred nearly instantly.

There's nothing wrong with your math or your thought process on this.

edited for fucked up quote tags

Yeah.. some people just get it and others don't I suppose. I see this type of technology as a wave of the future for stuff beyond our dreams. Right now, we're in the embryo stage really. Today a cryptocurrency, tomorrow.. who knows.

[murraypaul]

Ok.. so then what are you clarifying? They want $10,000 for it. That might be, say, 10 bitcoins. They're getting $10,000. For me, it's only $1,000.

It DOES matter what the price of bitcoin is because I said I wish I had owned bitcoin @ $100, because it would make a Neptune $1,000 for me. for me.

No, because an alternative would be to sell those Bitcoins for $10000, so the Neptune is still costing you $10000.
It doesn't matter at all what price they were when you bought them, it matters what they are worth now.

[vesperwillow]

Ok.. so then what are you clarifying? They want $10,000 for it. That might be, say, 10 bitcoins. They're getting $10,000. For me, it's only $1,000.

It DOES matter what the price of bitcoin is because I said I wish I had owned bitcoin @ $100, because it would make a Neptune $1,000 for me. for me.

No, because an alternative would be to sell those Bitcoins for $10000, so the Neptune is still costing you $10000.
It doesn't matter at all what price they were when you bought them, it matters what they are worth now.

That's one side of the coin, the other side is you are still only $1,000 fiat into the hole. Whether you cash it out or buy $10,000 worth of equipment, you're still only initially out $1,000.

[opentoe]

Let's be honest - the only reason knc are doing 20nm is to justify the ridiculous price.

I was thinking today.. I wish I'd had the spare funds a few months back to buy in when it was $100/btc.

Neptune would've cost me a grand ...

This is one reason why I enjoy the possibilities with bitcoin. Sure, the value fluctuates, but that can create some great opportunities for those already in it.

Not really, since KNC still puts the price in USD prices and still requires bitcoin. A company truly accepting bitcoin doesn't look at the USD worth at all. Trust me, weather BTC was $10 or $1000 you still would have had to pay $10k.

Uh.

10 btc purchased at $100/ea = $1,000 my cost.

1 Neptune = $10,000USD, which at the time of availability, would've been 10btc.

10 btc sent to KNC = $1,000 my cost.

What are you missing about this?

What I'm trying to say is KNC prices their gear in US dollars. Doesn't matter what the price of bitcoin is. When you go through the checkout process how ever many bitcoins it takes for that invoice to equal $10k or $13k is what you will pay. I'm being specific to how KNC does business, I understand is BTC lowers/rises and all that.

Ok.. so then what are you clarifying? They want $10,000 for it. That might be, say, 10 bitcoins. They're getting $10,000. For me, it's only $1,000.

It DOES matter what the price of bitcoin is because I said I wish I had owned bitcoin @ $100, because it would make a Neptune $1,000 for me. for me.

Ah ok, I got your point. I forgot the point of you having them the whole time since they were $100. Get it. I should have hoarded all my coin when I bought it at $15. Could have paid off my house maybe.

[vesperwillow]

Ah ok, I got your point. I forgot the point of you having them the whole time since they were $100. Get it. I should have hoarded all my coin when I bought it at $15. Could have paid off my house maybe.

I feel the same way.. when I first looked into bitcoin, they were less than a buck. I didn't research it, it just seemed like an experiment someone was doing.

I kick myself every now and then over that.

[opentoe]

As I said before, the only company/person that ever paid me back in bitcoin even when the BTC was worth a lot more was Silkroad. They were true bitcoin users. Not these half ass companies that are in the bitcoin world using the USD rate to profit from. If you are  bitcoin company, and I would think making bitcoin mining hardware makes you a bitcoin company, when someone pays you in bitcoin, they should return to you in bitcoin also. Those drug selling slickers had more couth then most "bitcoin" using companies around.

[bronan]

Sorry people but its kinda easy to shutdown the miner without blowing things up

SSH into your box and then after login you type on the prompt

shutdown -H -P now and see how the machine stops running instant, this will protect it from running full power when turning it off

And yes do never turn on a electrical device instant after you turned it off.
Its a rule to give the components time to unload the power before powering it up again in most cases 15 seconds should do.
Since i close the miner in the proper way i do not believe blowups will happen since you have some time between shutting it down in the control panel and then goto the device to shutdown the psu. I my case thats about 2 minutes.

I had suddenly a die 0 problem and one of the asics was starting to turn off more and more cores on a die.
I had some back and forth mailing between knc and me, now they asked me to make a rma.
Just followed the steps and send the failing boards as they requested.
The next day knc reported to have fixed the issues and send them instant back to me
So in very short time the boards are back and hashing away.

KNC has prefectly solved this and fast.

So i am glad i did ask them for help, and instant did the RMA.

People saying it will take long ... NO ITS NOT it was lightning fast

[RoadStress]

Kaboom! http://s28.postimg.org/v71hnbm71/SAM_1801.jpg

PSU: OCZ ZX 1250W. Found the Jupiter shut down. Tried to start it and nothing happened. Removed cables, put them back and poof fireworks. Waiting for my RMA.

Hashing with 3 boards and not whining.

wht temps you have before this happened?

Usually temps were between 50 and 65 degrees.

Update regarding my RMA: First i tried to call them but got no answer, then i sent an email requesting for a RMA number, then tried to call them 2 more times at different hours and still no answer and lastly after 6 hours from my e-mail i got my RMA. Too bad it was late for UPS to pick it up and i have to wait until Monday.

What seems to me really strange is the fact that i have 2 Nov Jupiters in 2 separate places(not in the same location) and both experienced a drop down in speed at a specific time and the blown off one shut down and the other kept hashing. What could be the explanation to that? Posting picture with the 24 hour graph and as proof. The blown one had OCZ PSU and the other one has EVGA 1300W PSU.

[FiatKiller]

Any suggestions for tweaks I should make? Just rebooted about 5-10 mins ago and was getting 269 GH/s on average before updating the firmware.

[CYPER]

Then I would say get a new router.  Honestly even a cheap $30 router by any of the major brands (Dlink, netgear, etc) will have solid DHCP reservation support these days.  Just check the reviews on a networking site before you buy one to make sure it will do what you want it to do.

For example:


Grr..  bitcointalk's image proxy is broke.

Direct link:
http://i.minus.com/jZPw0b7bBMH99.png

I have 8 computers and many other IP based devices on my home network and couldn't live without DHCP reservation. I've been using it since routers starting using it and I've never hard coded an IP stack since then. I highly suggest everyone does this that has this ability, since once you go that route it's pretty much trouble free. Let your router do all the work, not you.

I managed to fix it by manually updating the DHCP table via telnet:



I think it should be OK now.

[opentoe]

Sorry people but its kinda easy to shutdown the miner without blowing things up

SSH into your box and then after login you type on the prompt

shutdown -H -P now and see how the machine stops running instant, this will protect it from running full power when turning it off

And yes do never turn on a electrical device instant after you turned it off.
Its a rule to give the components time to unload the power before powering it up again in most cases 15 seconds should do.
Since i close the miner in the proper way i do not believe blowups will happen since you have some time between shutting it down in the control panel and then goto the device to shutdown the psu. I my case thats about 2 minutes.

I had suddenly a die 0 problem and one of the asics was starting to turn off more and more cores on a die.
I had some back and forth mailing between knc and me, now they asked me to make a rma.
Just followed the steps and send the failing boards as they requested.
The next day knc reported to have fixed the issues and send them instant back to me
So in very short time the boards are back and hashing away.

KNC has prefectly solved this and fast.

So i am glad i did ask them for help, and instant did the RMA.

People saying it will take long ... NO ITS NOT it was lightning fast

Thanks for this. I know the -h is to HALT the system and the -p is to POWER OFF the system, but does it actually power it off even when the power supply isn't turned off?

[Sitarow]

Neptunes are down to 32/1200 left up for sell.

Seems they will have sold out 1200 x 12,995.00 = WOW

[sickpig]

Neptunes are down to 32/1200 left up for sell.

Seems they will have sold out 1200 x 12,999.00 = WOW

so they have more that what is needed to cover NRE cost.

[Sitarow]

Neptunes are down to 32/1200 left up for sell.

Seems they will have sold out 1200 x 12,999.00 = WOW

so they have more that what is needed to cover NRE cost.

And that does not even factor in Batch 1 1200 units at 10k each