Swedish ASIC miner company kncminer.com

[kendog77]

By my estimation, Knc has around two months to start delivering Neptunes before folks that pre-ordered start losing BTC.

Antminers can be purchased right now, and ship immediately, for around $9 per GH. Neptunes sold for between $3 and $4 per GH. Once the difficulty triples, which will occur in around 2 months, Knc Neptune preorder pricing should be close to the price of hardware that ships immediately.

Power efficiency will make the Neptune more valuable than less efficient hardware, but not significantly more valuable.

I'm also a bit discouraged by what what seems to be a Knc shift from minimizing time to market to aiming for a more "perfect" design.

Bitcoinorama also said that Knc was meeting it's internal schedule, but Knc hasn't really announced what their internal schedule is beyond providing a 6 month Q1/Q2 delivery window, which is an eternity in Bitcoinland!

The clock is ticking...

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[timmmers]

I don't see why I can order a boxed PSU from just about anywhere and have no problem with customs, yet people are reluctant to include them that way with rigs? KNC could simply buy in bulk (as they did for the hosted rigs and their own) and get a bulk discount and chuck them in the box. AFAIK no power supplies are manufactured in Sweden and the ones we've all got now got past customs with no problems so why would including a brand new 3rd party PSU to run each rig be a problem? One that isn't certified and loose in the box would be, a bulk bought 3rd party PSU would just be another item sold which happens every day worldwide.
That way they would be sure everyone had the PSU most suitable and avoid issues and returns?

[RickJamesBTC]

They are heavy as hell to ship, and shipping costs money.  I don't want them to include power supplies, I've got plenty of them already. Why spend more on something you can easily change.

[padrino]

I don't see why I can order a boxed PSU from just about anywhere and have no problem with customs, yet people are reluctant to include them that way with rigs? KNC could simply buy in bulk (as they did for the hosted rigs and their own) and get a bulk discount and chuck them in the box. AFAIK no power supplies are manufactured in Sweden and the ones we've all got now got past customs with no problems so why would including a brand new 3rd party PSU to run each rig be a problem? One that isn't certified and loose in the box would be, a bulk bought 3rd party PSU would just be another item sold which happens every day worldwide.
That way they would be sure everyone had the PSU most suitable and avoid issues and returns?

Did you not read the earlier statements, it's not about YOUR experience, rather some customers in countries that have more of an issue importing full systems. Given how easy it seems to be for you why are you sweating it anyway? It's been discussed before so I am not going to reiterate, for a little insight look back maybe a page or so for mention of one specific country...

[RickJamesBTC]

They are heavy as hell to ship, and shipping costs money.  I don't want them to include power supplies, I've got plenty of them already. Why spend more on something you can easily change.

Difference between 10 kilo or 15 kilo is not much on shipping cost at all.
You mostly pay more on the size of the box you are shipping.

I ship hundreds of packages a week, including a lot of international. Weight matters.

[soy]

Interesting ringing effect:

https://blockchain.info/charts/hash-rate

[JimmyJams]

I too am frustrated by not right now having new KnC gear hashing.  Thing is I look at my Neptune pre-order and look at the present relative superiority of Jupiters over the competition and the Jupiter profitability track record, and I expect the Neptune will have a similar relationship to the competition when it fields.  

That's not to say all of us might not get screwed, KnC machine owners somewhat less than others.  Screwed if dark horse mining farms get super cheap gear of their own manufacture in an overwhelming way.

So, what would be the alternative?  Leave mining and buy btc for its appreciation?  We know the banks aren't going to quit scamming the general public with currency expansion.  We know peace isn't going to reign on into the far foreseeable future, Syria and the Sudan not withstanding, and that would mean money movement into Bitcoin.  Some questions are: a) how long do we have to wait for KnC gear, b) will all the KnC gear made available be sold to pre-existing customers or will the numbers of miners be such that it will be open to the general public.  Like those dark horse mining farms turning their btc into Neptune purchases, c) how bad will the network hashrate get and how soon?

Sorry but KNC miners gear is vastly inefficient compared to some other devices out there. A good 28nm chip design should take anywhere from 1-2 years not 7-8 months. But as Bitcointalk is mostly a marketing forum the idea of having the first 28nm is was better than actually having an efficient well designed machine.

Also, I very much doubt KNC will be hosting in the future as there previous design in terms of thermodynamics etc. was woefully lacking, thats why there were delays for the hosted miners.

[Paladin69]

damnit knc, why did you have to remove ports 5 & 6 from the Nov Jups.  

Some of the Oct Jupiters were shipped with only 4 ports as well. Not really fair for those that planned to upgrade them.

$2 in parts, a little soldering skills....

No soldering skills here, but can you link me to the parts?

+1 on that request.

I solder.  It is not a simple as it sounds.  The odds are higher that you'll make your controller board non-functional than succeed in adding sockets - unless you are an experienced technician with a lot of soldering time.  Get an old motherboard, remove a connector with .1" spacing between the pins even if it has many more pins than the socket  you wish to add to the controller board.  Try putting  one of those sockets into the motherboard.  You'll see it's more difficult than you expect.  Anyone who would tell a novice to try such a thing to a controller board is looking to reduce the net hashrate by killing your machine.

Saying "I solder" is like saying "I Drive"  you can be good at it or bad.

With a $10 desoldering pump and a decent iron this is (on a scale from 1 to 10, 10 being surface mount technology)  a 3 at the worst.
Its 10 huge holes that need to be cleared and a socket installed.

If the thread weren't 1430 pages, I'd find the post with photos of a user who 'successfully' accomplished the feat.

I remember that photo, it was a scary job done by someone who did NOT know how to solder.
He didnt clear the holes first

How do you "clear" the holes?  Apparently he couldn't heat them hot enough.

Thanks for the ebay link earlier btw.

[squish]

Since it sounds like KNC is no longer focused on speed to market I will most likely be dumping my Neptune pre-order as I'm not in the business of financing their next gen miner at a BTC loss which this is starting to look like from my POV. I think it's pretty safe to say Q1 delivery is now completely out of the question and a May/June delivery is quite possible so I will probably be better off buying back my BTC directly unless the difficulty acceleration magically flat-lines.

I feel the same way.  Right now I can get 14.6 bitcoins for my Neptune order if I refund ($12174 inc VAT / $830), and bitcoinwisdom says if it is delivered on April 1st with a 25% increase each time (no pool fees, no electricity costs) it will recover about 13.2 bitcoins.

I think i'll wait another two adjustments and then make a decision.  If the price of bitcoin goes down it'll be a no-brainer to refund and buy BTC directly.

[soy]

I wish there was something like solar that would capture electromagnetic/ionic energy and I could
Run some Neptunes with it... lol.
But Aussie Pete & I have a plan for the future using KNC Miners with an Industrial size E-cat (1MW) if we can get that far.
Minimum 1.5 mil we will need for that adventure. No electric bill running miners would be pure profit at some point...  any generation.

Phoenix, am reading a work of fiction. RED to BLACK by Alex Dryden,  and he mentions that Transdnestr (it's near Molodovia) gets free gas and electric from Russia!  A farm of KnC Neptunes there would be cheap to run!

[RickJamesBTC]

They are heavy as hell to ship, and shipping costs money.  I don't want them to include power supplies, I've got plenty of them already. Why spend more on something you can easily change.

Difference between 10 kilo or 15 kilo is not much on shipping cost at all.
You mostly pay more on the size of the box you are shipping.

I ship hundreds of packages a week, including a lot of international. Weight matters.

I do too, but its not like its gonna cost them >30% more on shipping cost.
It's not like a PSU weights 10 Kilo so its a minimal margin of extra cost.
And with the amount they ship out they can get a huge discount at ups on yearly basis.
Shipping with or without a PSU is not running in that much cost as they make it out to be.

Just did an example through my companies UPS account.


Stockholm -> Netherlands

Shipment 10 Kilo with 10K insurance/value: 214,15 EUR
Shipment 15 Kilo with 10K insurance/value: 214,15 EUR

Exact same amount with the same size of the box.. so the answer on the extra weight is really minimal.
It just depends on the size of the box really and how much its insured and the value that has been given on the box

Thanks for your one example?? Are you gonna drag this down on this topic seriously ?? I could make five hundred different quotes and prove that it really does matter as well.

[ImI]

Hi,

i cant connect to my miner. neither via SSH nor via HTTP.

it boots and starts hashing at the pool as it should, but i am not able to connect to the miner. i tried several IPs none worked.

any ideas??

[RickJamesBTC]

Hi,

i cant connect to my miner. neither via SSH nor via HTTP.

it boots and starts hashing at the pool as it should, but i am not able to connect to the miner. i tried several IPs none worked.

any ideas??

Download some net analyzer software and see if the machine is being assigned an ip address, then you will find it. I have an app on my phone called net analyzer. Instantly scans all the ips on the network.

[soy]

Hi,

i cant connect to my miner. neither via SSH nor via HTTP.

it boots and starts hashing at the pool as it should, but i am not able to connect to the miner. i tried several IPs none worked.

any ideas??

Same question 2 days ago I think.  Use nmap.

[ImI]

Hi,

i cant connect to my miner. neither via SSH nor via HTTP.

it boots and starts hashing at the pool as it should, but i am not able to connect to the miner. i tried several IPs none worked.

any ideas??

Download some net analyzer software and see if the machine is being assigned an ip address, then you will find it. I have an app on my phone called net analyzer. Instantly scans all the ips on the network.

i have and i think i know which IP the miner is using. nevertheless its not responding.

[rolling]

Hi,

i cant connect to my miner. neither via SSH nor via HTTP.

it boots and starts hashing at the pool as it should, but i am not able to connect to the miner. i tried several IPs none worked.

any ideas??

Download some net analyzer software and see if the machine is being assigned an ip address, then you will find it. I have an app on my phone called net analyzer. Instantly scans all the ips on the network.

i have and i think i know which IP the miner is using. nevertheless its not responding.

If you upgraded to .99.2, you could be blocked if you removed "LAN" from the network settings or are not on the same local network as your miner.

[RickJamesBTC]

5 ) Any other manufacturer (hashfast/cointerra/blackarrow ) includes power supplies so why shouldn't knc do the same.

None of those have shipped a damn thing, don't use them as examples

[Ridicuss]

Hi,

i cant connect to my miner. neither via SSH nor via HTTP.

it boots and starts hashing at the pool as it should, but i am not able to connect to the miner. i tried several IPs none worked.

any ideas??

Download some net analyzer software and see if the machine is being assigned an ip address, then you will find it. I have an app on my phone called net analyzer. Instantly scans all the ips on the network.

i have and i think i know which IP the miner is using. nevertheless its not responding.

If you upgraded to .99.2, you could be blocked if you removed "LAN" from the network settings or are not on the same local network as your miner.

+1 for blocked if you upgraded to 99.2.  I would verify your ip with advanced-ip-scanner, your router tables, or nmap if on linux, and go from there. If you did block yourself with 99.2 time for a reset.

I left my Jupiter DHCP and lost it once. it took less than a minute to find it with advancedipscanner.

Regards,

[ImI]

thx guys!

i upgraded indeed to 99.2 and fixed the IP.

problem solved. thx!

[pedrosoft]

I've just received newsletter from cloudhashing : "Over the next month or so we will be bringing more than 2 Petahashes online. This marks a huge increase in hashing power. We've partnered with industry leading ASIC manufacturers to create the absolute best hashing environment for our customers. "

I think that cloudhashing is talking about Knc.