Swedish ASIC miner company kncminer.com

[Biffa]

Sounds like for the "first time", they're floundering on their word. A month ago they confirmed they would in fact be selling Jupiters by now (actually, by now they should've been shipped). Now they're quiet.

Either they're releasing the Neptune much earlier than anticipated, like next month, or they're simply going to ignore their word.

Actually they said:

As it looks like our struggling competition may eventually ship before our Network protection period has finished, we may be in a position to release Jupiter’s and possibly upgrade cards which we will ship from stock.

If we do have more items to place in the shop for our 28nm range, we will announce this via one of our newsletters which will contain the time and date that they will go on sale. So keep some coins handy as we expect them to go quick.

[ASIC-K]

Sounds like for the "first time", they're floundering on their word. A month ago they confirmed they would in fact be selling Jupiters by now (actually, by now they should've been shipped). Now they're quiet.

Either they're releasing the Neptune much earlier than anticipated, like next month, or they're simply going to ignore their word.

they never confirmed they would be selling jupiters, read the post carefully.

[Biffa]

Sounds like for the "first time", they're floundering on their word. A month ago they confirmed they would in fact be selling Jupiters by now (actually, by now they should've been shipped). Now they're quiet.

Either they're releasing the Neptune much earlier than anticipated, like next month, or they're simply going to ignore their word.

Actually they said:

As it looks like our struggling competition may eventually ship before our Network protection period has finished, we may be in a position to release Jupiter’s and possibly upgrade cards which we will ship from stock.

If we do have more items to place in the shop for our 28nm range, we will announce this via one of our newsletters which will contain the time and date that they will go on sale. So keep some coins handy as we expect them to go quick.

Emphasized slightly for those that are of an optimistic disposition

[kendog77]

Someone is still adding a boatload of hashing power to the network and difficulty is still going up ~20% every difficulty increase.

I thought the difficulty increases would slow down after Knc finished shipping their November batch since 28nm miners from other manufacturers have been delayed.

http://bitcoinwisdom.com/bitcoin/difficulty

Does anyone care to speculate on who is adding all the hashing power at the moment?

The Bitmain Antminer batches seem too small to have a huge impact. I thought BitFury was basically waiting on more chips to be manufactured. AsicMiner doesn't seem to be doing much. BFL has overpriced 65nm products in stock, but I can't imagine that they are selling many. Avalon Gen2 chips are power hogs.

Where is all this hashing power coming from?

[Cablez]

I am guessing that it could be a bunch of dark farms in china fueled by access to foundries and chips.

[dplusf]

Someone is still adding a boatload of hashing power to the network and difficulty is still going up ~20% every difficulty increase.

I thought the difficulty increases would slow down after Knc finished shipping their November batch since 28nm miners from other manufacturers have been delayed.

http://bitcoinwisdom.com/bitcoin/difficulty

Does anyone care to speculate on who is adding all the hashing power at the moment?

The Bitmain Antminer batches seem too small to have a huge impact. I thought BitFury was basically waiting on more chips to be manufactured. AsicMiner doesn't seem to be doing much. BFL has overpriced 65nm products in stock, but I can't imagine that they are selling many. Avalon Gen2 chips are power hogs.

Where is all this hashing power coming from?

that is indeed a good question. anybody care to speculate? i'll try...

1. i think we see a private mining company wich products are unknown to the public.
2. Almost every Asic Manufacturer mines for them self too. Do we know how much hashpower KnC is adding for their own mine? So maybe the late december mentioned jupiters wich will ship from on stock are probably jupiters wich were mining for KnC?

[Jaymax]

Where is all this hashing power coming from?

https://blockchain.info/pools?timespan=24hrs

https://ghash.io/ (https://cex.io/) is my guess.  

[de_ixie]

Where is all this hashing power coming from?

https://blockchain.info/pools?timespan=24hrs

https://ghash.io/ (https://cex.io/) is my guess.  

51% scenario inc. or is it not valid here?

[vesperwillow]

Sounds like for the "first time", they're floundering on their word. A month ago they confirmed they would in fact be selling Jupiters by now (actually, by now they should've been shipped). Now they're quiet.

Either they're releasing the Neptune much earlier than anticipated, like next month, or they're simply going to ignore their word.

Actually they said:

As it looks like our struggling competition may eventually ship before our Network protection period has finished, we may be in a position to release Jupiter’s and possibly upgrade cards which we will ship from stock.

If we do have more items to place in the shop for our 28nm range, we will announce this via one of our newsletters which will contain the time and date that they will go on sale. So keep some coins handy as we expect them to go quick.

Emphasized slightly for those that are of an optimistic disposition

Except in email response to particular KNC thirsty members here, they did confirm they would be opening the order books. After this post. I'm not exactly optomistic, I'm not buying anything from them.

As to the recent hashpower... Cointerra testing equipment? 2nd week of January is when they should've had systems hitting the assembly line for a test run-through.

People are still buying BFL's vastly overpriced "in stock" garbage unfortunately.

[Biffa]

Sounds like for the "first time", they're floundering on their word. A month ago they confirmed they would in fact be selling Jupiters by now (actually, by now they should've been shipped). Now they're quiet.

Either they're releasing the Neptune much earlier than anticipated, like next month, or they're simply going to ignore their word.

Actually they said:

As it looks like our struggling competition may eventually ship before our Network protection period has finished, we may be in a position to release Jupiter’s and possibly upgrade cards which we will ship from stock.

If we do have more items to place in the shop for our 28nm range, we will announce this via one of our newsletters which will contain the time and date that they will go on sale. So keep some coins handy as we expect them to go quick.

Emphasized slightly for those that are of an optimistic disposition

Except in email response to particular KNC thirsty members here, they did confirm they would be opening the order books. After this post. I'm not exactly optomistic, I'm not buying anything from them.

As to the recent hashpower... Cointerra testing equipment? 2nd week of January is when they should've had systems hitting the assembly line for a test run-through.

People are still buying BFL's vastly overpriced "in stock" garbage unfortunately.

I didn't mean you personally, I know your a cynic not an optimist

But do you have reference ot the emails? I remember some nebulous responses that didn't really say anything specific at the time.

But remember the timeline for this, they announced on the 14th that Neptune batch had sold out and that they might release some Jupiters if their competition delivered. Then there was exactly a week before they closed down for Christmas/New Year, and they've only been back at work since Monday.

[noodle73]

It really is the Ghash / BTC show these days. No other game in town.
Bitminter's run of horrific luck recently hasn't done them any favours

Where is all this hashing power coming from?

https://blockchain.info/pools?timespan=24hrs

https://ghash.io/ (https://cex.io/) is my guess.  

51% scenario inc. or is it not valid here?

[noodle73]

Sounds like for the "first time", they're floundering on their word. A month ago they confirmed they would in fact be selling Jupiters by now (actually, by now they should've been shipped). Now they're quiet.

Either they're releasing the Neptune much earlier than anticipated, like next month, or they're simply going to ignore their word.

Actually they said:

As it looks like our struggling competition may eventually ship before our Network protection period has finished, we may be in a position to release Jupiter’s and possibly upgrade cards which we will ship from stock.

If we do have more items to place in the shop for our 28nm range, we will announce this via one of our newsletters which will contain the time and date that they will go on sale. So keep some coins handy as we expect them to go quick.

Emphasized slightly for those that are of an optimistic disposition

Except in email response to particular KNC thirsty members here, they did confirm they would be opening the order books. After this post. I'm not exactly optomistic, I'm not buying anything from them.

As to the recent hashpower... Cointerra testing equipment? 2nd week of January is when they should've had systems hitting the assembly line for a test run-through.

People are still buying BFL's vastly overpriced "in stock" garbage unfortunately.

Even if they did suddenly offer some for sale, we'd be complaining they were overpriced.

[soy]

KnC not producing/shipping due to managements' seasonal affective disorder?

[sickpig]

Where is all this hashing power coming from?

https://blockchain.info/pools?timespan=24hrs

https://ghash.io/ (https://cex.io/) is my guess.  

btcguild have grown 1.2PH/s in 25 days.

on Dec the 11 pool hashrate was 2PH, now they're crunching at 3.26PH/s

[Jaymax]

https://blockchain.info/pools?timespan=24hrs

51% scenario inc. or is it not valid here?

Pretty sure it is valid, and it's a bit worrying maybe.  Dunno, I'm not an expert. 

[soy]

Us pre-existing customers can look back at our news emails and see the windows for announcements and purchase.  I don't think a non-customer has that and don't expect a KnC customer would have a legit reason for posting it.

[vesperwillow]

I didn't mean you personally, I know your a cynic not an optimist

But do you have reference ot the emails? I remember some nebulous responses that didn't really say anything specific at the time.

Lol.. not a cynic, I'm an analyst. I don't have skin in the game either way, just looking at what's been presented.

The emails are in this insanely long thread, I did not save hotlinks to them, just noted them. This is why several folks keep pinging on Orama and others, because they were told the books would in fact be opened. And so far, nothing.

I believe they're waiting for a significant trigger, such as Cointerra shipping. It's not likely they'll be shipping Neptunes anytime soon, which is the only other reason they'd be silent.

[minternj]

Look at the BTC/USD price the day it was announced they "might" sell some more Jupiters. Also who was announcing they were shipping imminently. Then look at today's price and also who isn't shipping. Doesn't take a genius to put 2 and 2 together.

[Biffa]

Us pre-existing customers can look back at our news emails and see the windows for announcements and purchase.  I don't think a non-customer has that and don't expect a KnC customer would have a legit reason for posting it.

who are you talking about?

I didn't mean you personally, I know your a cynic not an optimist

But do you have reference ot the emails? I remember some nebulous responses that didn't really say anything specific at the time.

Lol.. not a cynic, I'm an analyst. I don't have skin in the game either way, just looking at what's been presented.

The emails are in this insanely long thread, I did not save hotlinks to them, just noted them. This is why several folks keep pinging on Orama and others, because they were told the books would in fact be opened. And so far, nothing.

I believe they're waiting for a significant trigger, such as Cointerra shipping. It's not likely they'll be shipping Neptunes anytime soon, which is the only other reason they'd be silent.

Heh, sorry you do sound a little cynical. Which btw is not a critisism, one needs a good dose of cynicism in this business.

I can't find any email or reference to an email that is specific, just lots of ifs, buts and maybe's. Even Orama didn't know what was going on, just that they "talked about it" but nothing was decided other than not to make a decision till after the new year.

I just think its a bit disingeneous to say "They promised" when they didn't and were pretty specific in their wording of their communication of the fact. Lets face it they got slapped around because people weren't ready with their BTC when they sold the upgrade boards, so this time they give a bit of notice that there may be some reason to keep some BTC handy in your wallet and now they get crucified for not "delivering" on that as well.

Can't win really can they.

I believe that when they made the statement, HF et al were all like "were going to ship before EOY" etc but shortly afterwards it all went south for them, and all of them are suffering delays, so the outlook has changed form KnC's POV.

[soy]

Okay, ASIC machines drive the network now.  What percentage are KnC machines?  Could it be a combination of seasonal affective disorder (SAD) in conjunction with a certain amount of guilt about  their unqualified success while others flounder?