Swedish ASIC miner company kncminer.com

[WastedLTC]

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.

Sounds like the pool had issues not the miners.

[1714011099]

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[faetos]

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

Those shovel makers are doing quite well. I saw the number was at 43 now. I guess some got returned to the pool.

[Biffa]

I'm just going to put this out there, but I got a gut feeling that if Hashfast deliver in December, and its looking like they will, depending on how "substantial" it is then KnC may do another batch of Jupiters.

Their policy was not to produce any more batches in December 2013, January 2014 or  February 2014 unless any of their competitors add large amounts of hashing power to the network during the same period.

Hopefully, if they do, they will be comparable in price to their competition i.e. <$4K

I believe KNC is geared-up already and just waiting for the competition to release.

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.

Bitfury did the same thing.  30GH/s boards were $500 two months ago but are now $1000 each.

Hash power today is worth MUCH more than hash power in 3 or 4 months.  And no, the cost to produce a product has no bearing on its price as long as there is a demand for that item.

Not sure really depends, Bitfury had zero competition (KnC had stopped shipping), they also had a LOT of people with semi populated rigs who need those extra blades.

By the time KnC does a January or February batch HF will have been in full swing with 500Gh/s BJ's at $2250 and there is a likelyhood that Cointerra & Blackarrow will be shipping and selling their $6K 2TH miners.

Of course its all dependent on "if" they ship.

[vesperwillow]

Hashfest seems likely to ship within a month, if they don't have major setbacks.

I'm definitely hoping KNC opens up some more Gen2 Jupiter orders.

[DPoS]

By the time KnC does a January or February batch HF will have been in full swing with 500Gh/s BJ's at $2250 and there is a likelyhood that Cointerra & Blackarrow will be shipping and selling their $6K 2TH miners.

the real question will be if BTC will crash with so many new miners just looking to recoup any of their costs or will most have strong hands (either true believers or so far in the hole why not go for broke)

I thought that swoon would happen this fall but only KNC and Bitfury came through...   if the new year brings a glut of miners, it will either crash terribly or hit $1500-2000 by April

[DeathAndTaxes]

1) The SeaSonic has two PCIe connectors one one cable.  Don't use two on one cable.   You should have 4 connectors plugged into the power supply itself (plus mother board and molex connectors).  That means you will have 8 PCIe connectors use only one from each pair.

That did the trick, thanks. The SeaSonic cable has 6 separate 12V lines coming out of 1 modular connector, which splits into 2 separate PCIe connectors with 3 12V lines each, so I had assumed it would be ok (the 12V lines are not shared). But apparently there is a power limiter in the individual output connectors coming from the PSU.

Figured it would be something like that.  Glad I could help.  Of course it helps that I had the exact same PSU and no problems.

[Biffa]

1) The SeaSonic has two PCIe connectors one one cable.  Don't use two on one cable.   You should have 4 connectors plugged into the power supply itself (plus mother board and molex connectors).  That means you will have 8 PCIe connectors use only one from each pair.

That did the trick, thanks. The SeaSonic cable has 6 separate 12V lines coming out of 1 modular connector, which splits into 2 separate PCIe connectors with 3 12V lines each, so I had assumed it would be ok (the 12V lines are not shared). But apparently there is a power limiter in the individual output connectors coming from the PSU.

Figured it would be something like that.  Glad I could help.  Of course it helps that I had the exact same PSU and no problems.

Also I think KnC has been saying not to use the double plugs on pcie cables as well.

[Puppet]

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

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

I dont quite understand that either. Even if people assume Neptune will do 4TH, BA prospero X3 would cost the same per TH and in all likelihood will be delivered  several months earlier.

Sure, Neptune might be more power efficient, but only if KnC delivers significantly better performance per watt than they claim and/or BA delivers worse performance per watt than they claim, because BA states 0.5 W per GH at the chip level (lets assume that works out to 0.7W at the wall) while KnC is saying 30% better than Jupiter. If Im not mistaken, Jupiter does around 1.1W/GH currently? A 30% improvement over that is ~0.8W. ON paper they are pretty much on par, with arguably BA having a slight advantage.

Even if you assume KnC will be one or two tenths of a watt more efficient per GH, if that is more important than mining several months earlier, then you are in trouble. @4000GH and $0.15/KWH, a 0.1W/GH better efficiency works out to 0.4KW * 0.15 = $0.06 per hour, or $43 per month. One day that will matter, but if that is significant next spring, and more significant than mining a few months earlier, good luck earning back those $13000.

[Biffa]

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

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

I dont quite understand that either. Even if people assume Neptune will do 4TH, BA prospero X3 would cost the same per TH and in all likelihood will be delivered  several months earlier.

Sure, Neptune might be more power efficient, but only if KnC delivers significantly better performance per watt than they claim and/or BA delivers worse performance per watt than they claim, because BA states 0.5 W per GH at the chip level (lets assume that works out to 0.7W at the wall) while KnC is saying 30% better than Jupiter. If Im not mistaken, Jupiter does around 1.1W/GH currently? A 30% improvement over that is ~0.8W. ON paper they are pretty much on par, with arguably BA having a slight advantage.

Even if you assume KnC will be one or two tenths of a watt more efficient per GH, if that is more important than mining several months earlier, then you are in trouble. @4000GH and $0.15/KWH, a 0.1W/GH better efficiency works out to 0.4KW * 0.15 = $0.06 per hour, or $43 per month. One day that will matter, but if that is significant next spring, and more significant than mining a few months earlier, good luck earning back those $13000.

Of course it could be 5.5TH and BTC could be at $2K by then, who knows, who knew that KnC's 350GH/s Jupiter would end up at 650GH/s and BTC up from $100 to $1000? Its a risky game thats for sure. But I've made back what I spent on my Oct batch and managed to mine enough to buy a Nov batch, which has also paid itself off, and a Neptune and still have coins in the bank after paying the electricity, so for me thats all good

[preshpresh]

1) The SeaSonic has two PCIe connectors one one cable.  Don't use two on one cable.   You should have 4 connectors plugged into the power supply itself (plus mother board and molex connectors).  That means you will have 8 PCIe connectors use only one from each pair.

That did the trick, thanks. The SeaSonic cable has 6 separate 12V lines coming out of 1 modular connector, which splits into 2 separate PCIe connectors with 3 12V lines each, so I had assumed it would be ok (the 12V lines are not shared). But apparently there is a power limiter in the individual output connectors coming from the PSU.

Figured it would be something like that.  Glad I could help.  Of course it helps that I had the exact same PSU and no problems.

Also I think KnC has been saying not to use the double plugs on pcie cables as well.

correct, albeit rather slyly after bitcoinorama claimed it would not/could not cause 'issues' on october boards.

around the same time as the 8 vs 4 VRMs debacle.

[xstr8guy]

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

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

I dont quite understand that either. Even if people assume Neptune will do 4TH, BA prospero X3 would cost the same per TH and in all likelihood will be delivered  several months earlier.

Sure, Neptune might be more power efficient, but only if KnC delivers significantly better performance per watt than they claim and/or BA delivers worse performance per watt than they claim, because BA states 0.5 W per GH at the chip level (lets assume that works out to 0.7W at the wall) while KnC is saying 30% better than Jupiter. If Im not mistaken, Jupiter does around 1.1W/GH currently? A 30% improvement over that is ~0.8W. ON paper they are pretty much on par, with arguably BA having a slight advantage.

Even if you assume KnC will be one or two tenths of a watt more efficient per GH, if that is more important than mining several months earlier, then you are in trouble. @4000GH and $0.15/KWH, a 0.1W/GH better efficiency works out to 0.4KW * 0.15 = $0.06 per hour, or $43 per month. One day that will matter, but if that is significant next spring, and more significant than mining a few months earlier, good luck earning back those $13000.

Good luck banking on BlackArrow.   I feel pretty confident that they will fold before releasing anything.  Too late to the party!

[Puppet]

Good luck banking on BlackArrow.   I feel pretty confident that they will fold before releasing anything.  Too late to the party!

Why would they be too late, and Neptune would not? AFAIK, BA sold out. They should also be at least as close to tape out as Neptune, and without the risks involved in a brand new and quite radically different process node thats not even deployed.

Not saying Im banking on BA, Im not "banking" on any asic vendor, but if I were to make a bet, at least BA makes more sense to me. YMMV.

[Puppet]

Of course it could be 5.5TH and BTC could be at $2K by then, who knows, who knew that KnC's 350GH/s Jupiter would end up at 650GH/s and BTC up from $100 to $1000?

BTC price doesnt enter the equation. Yes, I used dollar pricing, but only because electricity is still billed in dollars and to make it more clear how relatively insignificant 0.1W/GH better efficiency still is and will be for a while. ROI calculations should be done in BTC, and any fluctuation in the price would apply equally to all asic vendors. If anything if BTC price keeps going up, the energy efficiency would become even less important.

As for Neptune being 5.5TH; thats possible, but for BA Im going by nominal specs, they also promise overclockability to 2.1 GHz which would put the X3 at 2.7TH or 5.4 TH for 2 units at the same price as Neptune. NOt too much difference there either, even if Neptune ends up at 5.5TH.

But I've made back what I spent on my Oct batch

When you calculate your ROI in BTC?

[matthewh3]

Of course it could be 5.5TH and BTC could be at $2K by then, who knows, who knew that KnC's 350GH/s Jupiter would end up at 650GH/s and BTC up from $100 to $1000?

BTC price doesnt enter the equation. Yes, I used dollar pricing, but only because electricity is still billed in dollars and to make it more clear how relatively insignificant 0.1W/GH better efficiency still is and will be for a while. ROI calculations should be done in BTC, and any fluctuation in the price would apply equally to all asic vendors. If anything if BTC price keeps going up, the energy efficiency would become even less important.

As for Neptune being 5.5TH; thats possible, but for BA Im going by nominal specs, they also promise overclockability to 2.1 GHz which would put the X3 at 2.7TH or 5.4 TH for 2 units at the same price as Neptune. NOt too much difference there either, even if Neptune ends up at 5.5TH.

But I've made back what I spent on my Oct batch

When you calculate your ROI in BTC?

Sooner rather than later electricity costs are going to become very important.  Just how it was at the end of GPU and during FPGA stage.  All things equal then buying the lowest fab size will at least increase the resale value. 

On this note can you lower the voltage for the Jupiter's to increase the (GH/s)/W.  If so has anyone tried this and what were the results.

[merv77]

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

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

as of now when I check is says 43/1200 left.

where are you getting 32 from?

[helmax]

yesterday say 32
today say 43

[jelin1984]

Why knc will leave the other companies take part of the cake?
And not continue production the 28 nm jupiter
Until the 20nm will be at production?

[kendog77]

I would not be shocked to see Knc do another round of Jupiters that ship in January or February after Hashfast and/or Cointerra start shipping.

[helmax]

because you will be putting your money garbage
innovate and be top company
but it was good to bring power supply and spent little energy

[Phoenix1969]

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

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

500GH/s on a single chip.

And they expect to get more.

If they can get it up to 750GH/s (i.e. 3TH/s on 4 boards), they will have acheived now what KNC are promising 7 months from now  

Sure nice improvments, they come quite late, though. Batch1 BJ customer have paid 50 btc for one unit long time ago. Just saying...

Q2 begins in 3 months, 2 weeks.... not seven months... and the ststement said q1/q2, so could be sooner.
I did hear good things about BA.... but HF?
no sense in exaggerating things... aren't they the same noobs that couldn't even secure substrates for their chips?
Until another company can physically show me a better deal.... They get a facepalm from my wallet.
and BTW... There's no such thing as a "perfect" first run in asic preorders.
You can expect BA & HF....and CT...to experience the same "Growing pains" as everyone else....
just like they've already shown. Anything else, and you're delusional.

Visit their sites, and you see statements like "TerraMiner IV is currently the most powerful, high-performance Bitcoin mining rig available for pre-order."(CT) NOT TRUE

and...  "HashFast Announces Fastest Bitcoin Mining Chip in the World!"...  uh huh...