Swedish ASIC miner company kncminer.com

[Biffa]

To lazy to link it but I just read a post in Mining Speculation that 20nm will be delayed until the end of 2014.

Just seen it now! Do you think it's real?

my sources were real enough.

Do you care to share who/where the information came from?

no sorry. their job would be at risk.

No worries. I wonder when they will update everyone
Surprised that no one has posted it on their forum yet.

well that is interesting ...if the 20mm is that late due to probably chip mnfg issues (shades of BFL sitting on hands waiting for chip)....it would be 'tragic" if the 28mm Titan shipped first in that they (I think) could probably (I think) get the Titan out first

would make sense in they seem to be hyping that (to keep cash flow going) before annoucing a "hey guys you can virtual mine 3TH now for the rest of the year or wait for your equip? naw they'd prob still send the equip

anyway way BTC price is going down is it just me or with anticipated difficulty increase by the time we have even a virtual 3TH miner in our hand ..heck go 4Th...i gather you'd be able to buy more BTC at the current $450 price

this is a killer diff gonna go up next round prob 25% and BTC looks like it may go down 50%

"may you live in interesting times" "ancient Chinese curse

Searing

They offered two options, to keep your hardware order and be compensated for their lateness with cloud hashing "while you wait" so to speak.
Or swap your hardware order for a cloud hashing order completely.

[jelin1984]

Best time to buy btc is now

[lemonte]

Searing, you think it is going to go down to $227 per BTC? I'd be surprised if it was that low.

[Biffa]

Sorry for asking here, but couldn't find it... Are KnC miners running cgminer on OpenWRT? Does the interface look similar to the ones of Avalon and Antminer? Will the scrypt ASIC be similar probably?

No. No and I doubt it.  

[jelin1984]

They must offer at preorder customers Neptune
From today mining clouding

Because q1 is experired

[The Avenger]

So we have proof people won't see their Neptune until August/September/October/November/December?

I can't believe it  

I find it so hard to believe that kfc would mislead everyone and pretend they were still on track to deliver in Q2   Why would they do it?  

They've been SO honest up to now, not mining more than 5% of the hashrate they sold etc. They've kept all their promises to existing customers. They acted honestly and kept their customers informed on a weekly basis with those "Neptune progress" news updates we've all enjoyed to read.

And of course, their director of communications on the forum every single day answering everyone's questions, not running away when he found out they'd never deliver when promised.

Plan B anounced at the start of February and then an announcement in March claiming they taped out in February and were now just waiting for the chips to arrive. None of that seemed suspicious or deceiptful.

Who could have seen this coming?

[raskul]

They offered two options, to keep your hardware order and be compensated for their lateness with cloud hashing "while you wait" so to speak.
Or swap your hardware order for a cloud hashing order completely.

thanks for clarifying.

They must offer at preorder customers Neptune
From today mining clouding

Because q1 is experired

it's not as though, they don't have the capability or capacity to do this now!

[el_rlee]

Sorry for asking here, but couldn't find it... Are KnC miners running cgminer on OpenWRT? Does the interface look similar to the ones of Avalon and Antminer? Will the scrypt ASIC be similar probably?

No. No and I doubt it.  

Thanks. But they are running cgminer on some embedded Linux? Where could I find some info?

[Biffa]

Sorry for asking here, but couldn't find it... Are KnC miners running cgminer on OpenWRT? Does the interface look similar to the ones of Avalon and Antminer? Will the scrypt ASIC be similar probably?

No. No and I doubt it.  

Thanks. But they are running cgminer on some embedded Linux? Where could I find some info?

Running it on a beaglebone, they have a web interface they made themselves. I think there is a git repository for their stuff. https://github.com/KnCMiner

[el_rlee]

Sorry for asking here, but couldn't find it... Are KnC miners running cgminer on OpenWRT? Does the interface look similar to the ones of Avalon and Antminer? Will the scrypt ASIC be similar probably?

No. No and I doubt it.  

Thanks. But they are running cgminer on some embedded Linux? Where could I find some info?

Running it on a beaglebone, they have a web interface they made themselves. I think there is a git repository for their stuff. https://github.com/KnCMiner

Thanks. Is it safe to assume that I could start cgminer from a shell?

[xstr8guy]

They offered two options, to keep your hardware order and be compensated for their lateness with cloud hashing "while you wait" so to speak.
Or swap your hardware order for a cloud hashing order completely.

thanks for clarifying.

They must offer at preorder customers Neptune
From today mining clouding

Because q1 is experired

it's not as though, they don't have the capability or capacity to do this now!

They aren't going to give away their hash until they have too, you know, because of greed.  So we'll have to wait (or refund) until June 30th at 11:59pm and then we get our 3THs (and not a single GH more) Plan B hosted mining for exactly one year.  That's it folks!

[spiccioli]

They offered two options, to keep your hardware order and be compensated for their lateness with cloud hashing "while you wait" so to speak.
Or swap your hardware order for a cloud hashing order completely.

Hi Biffa,

do you have a link for the offer?

Thanks

spiccioli

[RoadStress]

So we have proof people won't see their Neptune until August/September/October/November/December?

I can't believe it  

I find it so hard to believe that kfc would mislead everyone and pretend they were still on track to deliver in Q2   Why would they do it?  

They've been SO honest up to now, not mining more than 5% of the hashrate they sold etc. They've kept all their promises to existing customers. They acted honestly and kept their customers informed on a weekly basis with those "Neptune progress" news updates we've all enjoyed to read.

We don't have 100% proof yet, but we will see.

Do you or anyone else know around how much hashpower did KnC sold with their Jupiters? I know that for Neptunes there were around 3600 units which means ~11880TH/s(3600*3.3TH). Am i right?

[The Avenger]

So we have proof people won't see their Neptune until August/September/October/November/December?

I can't believe it  

I find it so hard to believe that kfc would mislead everyone and pretend they were still on track to deliver in Q2   Why would they do it?  

They've been SO honest up to now, not mining more than 5% of the hashrate they sold etc. They've kept all their promises to existing customers. They acted honestly and kept their customers informed on a weekly basis with those "Neptune progress" news updates we've all enjoyed to read.

We don't have 100% proof yet, but we will see.

Do you or anyone else know around how much hashpower did KnC sold with their Jupiters? I know that for Neptunes there were around 3600 units which means ~11880TH/s(3600*3.3TH). Am i right?

I figured about 3000 Jupiters in October (deathandtaxes had a similar figure).

November I dont know. deathandtaxes called it the same amount as October, so that is a good figure if you want to do some calculations.

Regarding Neptunes - they did sell 3600, but I imagine it might be half or less than that now with all refunds.

See below.

[Crypto_Cumbrian]

Refund Requested.

That's me Out.

Reasons  (BTC down money better spent on buying BTC than Mining) at todays rate I can get about 26 BTC with my refund money.

To mine 26 BTC at 3TH/s it would take 86 Days at the current Diff rate with no diff change.

With no message on Shipping Dates or Delays in manufacturing , even if they Offered 4TH in the Cloud, it still does not calculate.

As Iron Maiden says  "Run to the Hills"

C_C

[RoadStress]

So we have proof people won't see their Neptune until August/September/October/November/December?

I can't believe it  

I find it so hard to believe that kfc would mislead everyone and pretend they were still on track to deliver in Q2   Why would they do it?  

They've been SO honest up to now, not mining more than 5% of the hashrate they sold etc. They've kept all their promises to existing customers. They acted honestly and kept their customers informed on a weekly basis with those "Neptune progress" news updates we've all enjoyed to read.

We don't have 100% proof yet, but we will see.

Do you or anyone else know around how much hashpower did KnC sold with their Jupiters? I know that for Neptunes there were around 3600 units which means ~11880TH/s(3600*3.3TH). Am i right?

I figured about 3000 Jupiters in October (deathandtaxes had a similar figure).

November I dont know. deathandtaxes called it the same amount as October, so that is a good figure if you want to do some calculations.

So we have ~1710TH/s in October and another ~2010TH/s in November for a total of ~4000TH/s(with overclocking). Rounding up to ~16000TH/s everything sold.

[rograz]

Refund Requested.

That's me Out.

You are not alone, I kept my batch 0 order just in case of semi decent delivery bot with the problems TSMC reportedly has on 20nm I just don't see the point of keeping it.

Jumping on a new fab tech with something as time sensitive as mining smells a bit of hubris, but as long as they keep processing refunds it doesn't really matter!

[raskul]

Refund Requested.

That's me Out.

You are not alone, I kept my batch 0 order just in case of semi decent delivery bot with the problems TSMC reportedly has on 20nm I just don't see the point of keeping it.

I should note; there are no problems with 20nm that I know of. The shuttle/full mask details I have seem to be standard timescales - which should have been known by all hardware manufacturers in the first instance prior to making any promises on shipping schedules.

[The Avenger]

So we have proof people won't see their Neptune until August/September/October/November/December?

I can't believe it  

I find it so hard to believe that kfc would mislead everyone and pretend they were still on track to deliver in Q2   Why would they do it?  

They've been SO honest up to now, not mining more than 5% of the hashrate they sold etc. They've kept all their promises to existing customers. They acted honestly and kept their customers informed on a weekly basis with those "Neptune progress" news updates we've all enjoyed to read.

We don't have 100% proof yet, but we will see.

Do you or anyone else know around how much hashpower did KnC sold with their Jupiters? I know that for Neptunes there were around 3600 units which means ~11880TH/s(3600*3.3TH). Am i right?

I figured about 3000 Jupiters in October (deathandtaxes had a similar figure).

November I dont know. deathandtaxes called it the same amount as October, so that is a good figure if you want to do some calculations.

So we have ~1710TH/s in October and another ~2010TH/s in November for a total of ~4000TH/s(with overclocking). Rounding up to ~16000TH/s everything sold.

Actually, now that I think about and dug back, the number is higher:

I created a ballpark figure of units produced from 12th -19th October around 3000, which is where I got my 3000 figure from.

Knc said on the 11th October that they had only produced 700 units.

So roughly 3700 by 19th October.

And they countinued to ship until about 31st October?

So the figure is probably a bit more like 7-8000 October Jupiters.

Not sure they shipped that many in November, as the production run was only 2 weeks wasn't it? So maybe half as many?

Which would actually give - roughly - 12000 Jupiters?

[smoothrunnings]

Just got this email from Knc Miner, I wanted to find out more info when the B1's were supposed to be released even though I have an order for a B2 and also explained using a bitcoin calculator (which I gave the link for) in order to make my ROI back the Neptune's would have be between 6 and 10TH/s.

From: Anna [notifications-customerservice@kncminer.com]
Sent: March 31, 2014 11:15 AM
To: MY NAME
Subject: [kncminer] Re: Send message // http://www.kncminer.com

##- Please type your reply above this line -##
Your request (#) has been updated. To add additional comments, reply to this email.
Anna (kncminer)
Mar 31 17:15

Hello,

The Neptune first batch was advertised with shipping either in Q1 or Q2.
The miners are expected to ship before the end of Q2. Unfortunately, we do not have more specific time frames.
We are now in the foundry stage and as soon as the chips arrive we will let you all know.


Best regards  |
Med vänlig hälsning

Anna Jagdhar

Kncminer
www.kncminer.com
Office: +46 8559 253 20

-End