Swedish ASIC miner company kncminer.com

[kendog77]

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?

Must be around 40% right now I think.

I don't think so. The current network speed is around 13,000,000 GH/s, which is equal to 20,000 650 GH/s Jupiters.

I believe Knc produced around 3 1,200 unit batches, plus whatever they kept for themselves, which would be around 4,000 Jupiters or 20% of the network.

Even that maybe on the high side because they shipped some slower 550 GH/s Jupiters, Saturns, and Mercurys.

[Biomech]

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.

You are too a cynic! And there is nothing wrong with that. Me, I'm a cynical optimist.

The difference between a cynic and a pessimist is this:

A pessimist doesn't believe anything good CAN happen, and so won't accept it when it does. A cynic, on the other hand, just doesn't expect it. But we aren't upset when it does go right

That being said, I think your analysis is likely correct. They don't have many competitors on the same scale as them, and I don't think they are taking the lower process node mfgrs seriously. I personally think this is a mistake, as those guys will likely continue to produce, and probably at lower cost in the near future. Already they are having trouble selling their devices at the asking price. Or at least Megabigpower is. Bitmain don't seem to be having any problems.

I just got a Technobit HEX16B based unit from AMT yesterday. They gave it to me to test and hopefully generate some good will for their company, as they got tired of scam accusations. If they are shipping in bulk soon, they'll put out a lot of hashes for the little guy, and they are about to release bitmine based miners as well. I think you'll start seeing a lot more of this model as the developers switch to chip sales over full on rigs. And this little beast is pretty nice. Lots of little guys can drive up the difficulty just as fast as a few big ones. (ok, that reads a bit confusing. The model I refer to is vendors using third party hardware.)

[Phoenix1969]

off topic
For my USA KNC associates & friends...  heads up  good news for USA
Just completed an International Transfer Deposit from USA to Bitstamp in LESS THAN 24 hours! (18hours)
hope that helps.

[kendog77]

off topic
For my USA KNC associates & friends...  heads up  good news for USA
Just completed an International Transfer Deposit from USA to Bitstamp in LESS THAN 24 hours!
hope that helps.

Is there a reason why you don't just use Coinbase? I have found that Coinbase is easy to use and allows transfers to/from US bank accounts.

[Phoenix1969]

nice....  might set that up as well for backup. I did try, but there was a verification problem (2nd step?)
I only pay .2% fee at bitstamp....  and I like the idea that they are on the xbt  

[pvnamk19]

www.kncminer.com and their forum down now or I got problem with their connections?

Anyone please confirm!

[Puppet]

www.kncminer.com and their forum down now or I got problem with their connections?

Anyone please confirm!

http://www.downforeveryoneorjustme.com/www.kncminer.com

[vesperwillow]

www.kncminer.com and their forum down now or I got problem with their connections?

Anyone please confirm!

It's up but it appears slower than usual.

[pvnamk19]

Thanks!
I got this problem when using one Google DNS (8.8.8.8 ). Changing to another DNS and it works now.

[Tehfiend]

off topic
For my USA KNC associates & friends...  heads up  good news for USA
Just completed an International Transfer Deposit from USA to Bitstamp in LESS THAN 24 hours!
hope that helps.

How?!

Is there a reason why you don't just use Coinbase? I have found that Coinbase is easy to use and allows transfers to/from US bank accounts.

Coinbase is not an exchange (no limit orders etc)...

[opentoe]

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.

Wasn't worth their time or energy to sell anymore Jupiters. That sentence still aches in my head, "have some coin handy". As I said before, the ONLY reason they even mentioned they would sell Jupiters and tell everyone to get some coin handy was to make people get some coin ready thinking they would able to buy Jupiters...then all of a sudden there was a Neptune sale again. What a coincidence! Yea, this is my opinion....but really it is the only logical reason why they would even mention it or tell us to get coins ready.

[noodle73]

Either that or Hashfast didn't ship, Cointerra haven't shipped so the need to keep up right this minute with adding more hashing power didn't materialise - so no requirement
 to sell more Jupiters.

[soy]

Either that or Hashfast didn't ship, Cointerra haven't shipped so the need to keep up right this minute with adding more hashing power didn't materialise - so no requirement
 to sell more Jupiters.

I agree.  We were expecting a major jump in network hashrate that didn't happen but this steady up slope of hashrate and dwindling of returns continues - apparently just not enough in their eyes to justify production and shipment of new Jupiters.

[soy]

The power requirement of the Neptune isn't an easy sell.  If I were a competitor and realizing if I ship real quantity and power it will trigger a Jupiter sale response by KnC, I might consider doing a BFL with some backdoor deals and machines to family and friends but leave the majority of my customers in the lurch.  KnC might see the lack of major hash addition all at once as allowing a better chance to sell Neptunes - they wouldn't be their own competition if that makes any sense.

It would be a strange turn of events if the competition is lining the pockets of employees, family and friends with their product hashing at a  lower total net hashrate while giving their customers excuses and the only thing that would get them off the pot is if KnC started reproduction and sale of Jupiters. (The kind of logic a Bush spin-doctor would love.)

[AussiePete]

I would respectfully have to disagree with Soy and Noodle .

The promise or Statement  was based on   "Protect our customers share of the network."
............and the the condition was   "Any of our competitors  continues to add large amounts of hashing power"


I believe that the continues growth of the diff is directly due to our competition continuing adding large amounts of hashing power . If our competition had added "Small" amounts of hashing power the diff per month would only be rising by 30% per month
As this diff rises there should be clear reducing rise\curve

As it stands the diff is rising by 60 to 70 % per month . The would definetley be showing a larger reduceing curve if there was only small amounts hashing being added .

Am I wrong ? .............What do the rest of you guys think ?

Pete

[joeventura]

www.kncminer.com and their forum down now or I got problem with their connections?

Anyone please confirm!

It's up but it appears slower than usual.

That's because they just made some changes to the site..............

[1l1l11ll1l]

www.kncminer.com and their forum down now or I got problem with their connections?

Anyone please confirm!

It's up but it appears slower than usual.

That's because they just made some changes to the site..............

Reminds me of these days!

[DPoS]

KNC was just quoted at CES saying they are responsible for 70% of the network right now... 

[arousedrhino]

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.

Where did they confirm that they would be selling Jupiters by now. KNC never made such a statement so you can't hold them to that statement.

[kendog77]

KNC was just quoted at CES saying they are responsible for 70% of the network right now... 

Unless they manufactured 14,000 Jupiters, I'd say that's bullshit.

See my math in a previous post.