Swedish ASIC miner company kncminer.com

[Phoenix1969]

Just submitted for my 2nd batch Neptune refund.  So that's one extra spot for an (un)lucky person.

Don't expect a "speedy" refund, some of us have been waiting WEEKS for their refunds to be processed, and I'm sure most of them are in front of you...

phoenix, you are refunding your orders?

been thru this too many times.....    only the two in the 13k batch... keeping all the others!

ah gotcha. sorry didnt see this posted before.

no worries...   except that its taking FOREVER!.... lol

(but still within the 10 "working days")

its always instant for a company to take money, but they take their sweet ass time giving YOUR money back. sigh....

Well, it will only make me hesitate to order next time... their choice... bummer.

[smoothrunnings]

Just submitted for my 2nd batch Neptune refund.  So that's one extra spot for an (un)lucky person.

Don't expect a "speedy" refund, some of us have been waiting WEEKS for their refunds to be processed, and I'm sure most of them are in front of you...

phoenix, you are refunding your orders?

been thru this too many times.....    only the two in the 13k batch... keeping all the others!

ah gotcha. sorry didnt see this posted before.

no worries...   except that its taking FOREVER!.... lol

(but still within the 10 "working days")

its always instant for a company to take money, but they take their sweet ass time giving YOUR money back. sigh....

Well, it will only make me hesitate to order next time... their choice... bummer.

That will change in time as Bitcoin evolves more.

[vesperwillow]

That will change in time as Bitcoin evolves more.

As long as companies know they have consumers by the balls regarding hardware preorders, none of this will change.. preorders.. refunds.. etc. When it becomes more profitable to have stuff in stock, they will have it in stock. When it's profitable to refund quickly--as they did in the past--they will do so.

[AussiePete]

Dear KnC  

"We will continue to release our devices as competitively priced as we can to protect our customers share of the network."

If you are serious about this statement

There's only really one way of doing this.   Sell  (previous customers only)  more  mining equipment now and deliver by mid February.

Even if I was to get a refund on a Neptune , with the extra mined btc , I will buy more miners from you, Neptune's or Pluto's or what ever the next miner you sell.

All serious miners realise they need to get more hashing power right now .    

You will make more monies in the long run and so will we.

Thanks for listening

Pete

[jelin1984]

Next difficulty retarget occurs at block 280223.0 (eta 2.4 days): 1930710788.0 / +36.1% [est.]

[smoothrunnings]

That will change in time as Bitcoin evolves more.

As long as companies know they have consumers by the balls regarding hardware preorders, none of this will change.. preorders.. refunds.. etc. When it becomes more profitable to have stuff in stock, they will have it in stock. When it's profitable to refund quickly--as they did in the past--they will do so.

I am just not sure who makes these ASIC chips, is it the companies like KNC miner or is there another manufacture like Intel?

There is a lot of really intelligent people on bitcointalk.org that know how to make the boards, so really the lag in the marketplace is the manufacture of the chips. I am surprised there isn't a company other than Avalon ASIC manufacturing ASIC chips in China, they certainly seem to have a lot of resources there.

Once the bitcoin world gets over this hurtle things will only get better.

[jelin1984]

Mining is over

[1l1l11ll1l]

Dear KnC  

"We will continue to release our devices as competitively priced as we can to protect our customers share of the network."

If you are serious about this statement

There's only really one way of doing this.   Sell  (previous customers only)  more  mining equipment now and deliver by mid February.

Even if I was to get a refund on a Neptune , with the extra mined btc , I will buy more miners from you, Neptune's or Pluto's or what ever the next miner you sell.

All serious miners realise they need to get more hashing power right now .    

You will make more monies in the long run and so will we.

Thanks for listening

Pete

They're selling the shit out of the Avalon 2 units, 200GH for $2250 is not bad at all, considering you can get it shipped right away. Forget Hashlast and cointerra, let's allow us to get some Jupiters

[smoothrunnings]

Next difficulty retarget occurs at block 280223.0 (eta 2.4 days): 1930710788.0 / +36.1% [est.]

Knc has said in the past they like to release their machines so the buyers get a decent ROI. At the current difficulty you need close 3TH to mine 1BTC a day. I suspect that Knc will have to really work hard to upping the hash rate on the Neptune's so the ROI is decent enough at their shipping date.

[bjornsni]

Email back from tech support today.

Hello,

From the stats you have submitted below it appears you miner is running at 624GH/s, this is likely to be caused by the odd cores disabling.
We are soon to be releasing the tuning suite for our November miners. This will allow you to control the voltage input of each die individually. Increasing the voltage on the dies with disabling cores can stop these cores from disabling.
The firmware will be released onto our website soon.

[matthewh3]

Mining is over

I remember hearing that in 2011 and a lot more often 

[kendog77]

Mining is over

I remember hearing that in 2011 and a lot more often 

If BTC hits $10,000 per coin in 2014, fast mining hardware will be worth it's weight in gold... 

[FiatKiller]

Mining is over

I remember hearing that in 2011 and a lot more often 

If BTC hits $10,000 per coin in 2014, fast mining hardware will be worth it's weight in gold... 

Heck, if BTC goes high enough, even a Block Eruptor is valuable.

[vesperwillow]

They're selling the shit out of the Avalon 2 units, 200GH for $2250 is not bad at all, considering you can get it shipped right away. Forget Hashlast and cointerra, let's allow us to get some Jupiters

This is one of the reasons I've been saying KNC is ducking on its promise. This has been going on for what, a month and a half now? 500 machines available wasn't it? At 200gh, that's.. a lot of hash power on the network.

[vesperwillow]

Golly! BTC sent your way!

lol

[kendog77]

Dear KnC  

"We will continue to release our devices as competitively priced as we can to protect our customers share of the network."

If you are serious about this statement

There's only really one way of doing this.   Sell  (previous customers only)  more  mining equipment now and deliver by mid February.

Even if I was to get a refund on a Neptune , with the extra mined btc , I will buy more miners from you, Neptune's or Pluto's or what ever the next miner you sell.

All serious miners realise they need to get more hashing power right now .    

You will make more monies in the long run and so will we.

Thanks for listening

Pete

They're selling the shit out of the Avalon 2 units, 200GH for $2250 is not bad at all, considering you can get it shipped right away. Forget Hashlast and cointerra, let's allow us to get some Jupiters

Agreed. If the Avalon 2 units were not so power hungry and did not have anything to do with Avalon, I would pick up a couple myself. It was only a matter of time before cheap Chinese ASICs flooded the market, and it appears as if that time is almost hear. I think Bitmain and Btmine will ramp up production and start selling hardware at a price closer to the cost of production sooner than we think.

Time is everything in this business, and having the best chip means nothing if it is delivered late.

sushi is in China negotiating with ASIC producers, and it's going to be really hard not to back up the truck if he can offer Antminers that ship immediately at ~2 BTC. I'm very interested in the terms of his next group buy...

[The Avenger]

Golly! BTC sent your way!

lol

Sold out already! (aka mods deleted it )

[Paladin69]

They're selling the shit out of the Avalon 2 units, 200GH for $2250 is not bad at all, considering you can get it shipped right away. Forget Hashlast and cointerra, let's allow us to get some Jupiters

This is one of the reasons I've been saying KNC is ducking on its promise. This has been going on for what, a month and a half now? 500 machines available wasn't it? At 200gh, that's.. a lot of hash power on the network.

They're ducking because too many people want to refund their Neptunes seeing the hashrate get obliterated and would rather mine now.

I think they should scrap the Neptune and just sell more Jupiters with improved modifications...get it to 800GH.  I don't think the Neptune specs are that hot.  Skip 20nm and move straight forward to 16nm in a configuration that doesn't benefit asshole cloud share companies.  Or maybe try to make a kick ass scrypt FPGA.

[shmadz]

They're selling the shit out of the Avalon 2 units, 200GH for $2250 is not bad at all, considering you can get it shipped right away. Forget Hashlast and cointerra, let's allow us to get some Jupiters

This is one of the reasons I've been saying KNC is ducking on its promise. This has been going on for what, a month and a half now? 500 machines available wasn't it? At 200gh, that's.. a lot of hash power on the network.

They're ducking because too many people want to refund their Neptunes seeing the hashrate get obliterated and would rather mine now.

I think they should scrap the Neptune and just sell more Jupiters with improved modifications...get it to 800GH.  I don't think the Neptune specs are that hot.  Skip 20nm and move straight forward to 16nm in a configuration that doesn't benefit asshole cloud share companies.  Or maybe try to make a kick ass scrypt FPGA.

I don't think there will be any scrypt FPGA's they will go straight to asic. (*edit* perhaps FPGA for preliminary design, like the mars)

with the memory intensive nature of scrypt and seeing how fast, plentiful memory is a big deal already on graphics cards, I'm curious to see how that plays out.

[soy]

Holding out for new Jupiters from KnC or my Neptune.  In the meantime I just flip over a changing network hashrate chart and know it describes the return of a fixed hashrate - like what one has while waiting for KnC.