Wanna buy KNCMiner? Prediction Data -> Time vs Hash Rate vs Difficulty Data set

[brishtiteveja]

So, I have made a huge spread sheet with data of predicted difficulty, network hash rate and what your miner such as kncminer saturn or jupiter gonna give you....

Before you buy any asic miner check this out... The data below can be troublesome to read.. So I am also sharing this google spreadsheet.
https://docs.google.com/spreadsheet/ccc?key=0AjEbQ5LBKsAEdDYtajZTMi1Ua0ZkUXR0X0NKSnVaSXc&usp=sharing

Hope it will be helpful for you who doesn't know lots of details, specially the calculations..

If this helps you and you want to donate plz:
1DduVXm1C77X38FhfQ9WfU3gdqpgqmzPp8




   Bitcoin Time vs. Difficulty         N = (h * t)/(2^32 * D)      
         1 Tera Hash/sec = 10^12 Hash/sec   Number of Blocks per day   Number of Blocks per day   
Date   Increase(%)   Difficulty Level(D)   Network Hash Rate= D * 2^32/600    KNCMiner Jupiter(350GH/s)    KNCMiner Saturn(175GH/s)   
5-Feb   10.33   3,651,012   26,134,961,895,506    1.928451252   0.964225626   
18-Feb   11.47   4,367,876   31,266,474,288,306    1.611950217   0.805975108   
1-Mar   19.63   4,847,647   34,700,808,879,254    1.452415711   0.726207855   
14-Mar   10.98   6,695,826   47,930,589,482,844    1.051520554   0.525760277   
24-Mar   38.13   7,673,000   54,925,473,437,013    0.91760702   0.45880351   
5-Apr   14.59   8,974,296   64,240,513,041,039    0.784551642   0.392275821   
17-Apr   12.28   10,076,293   72,128,914,833,190    0.698748901   0.349374451   
30-Apr   12.28   11,187,257   80,081,504,911,579    0.629358802   0.314679401   
12-May   11.03   11,187,257   80,081,504,911,579    0.629358802   0.314679401   
25-May   8.64   12,153,412   86,997,511,791,357    0.579326914   0.289663457   
5-Jun   28.41   15,605,633   111,709,472,280,631    0.451170335   0.225585167   
   16.16090909               
       Payout=(Sum of Bitcoins per day in a range)*11day*25BTC* 120USD      354237.1849   177118.5925   
                                                                 USD                                                               USD   
                  
                  
                  
   Future Prediction with average 15% difficulty increase per 11 day         Number of Blocks per day   Number of Blocks per day   
Date   Change   Difficulty(D)   Network Hash Rate= D * 2^32/600    KNCMiner Jupiter(350GH/s)    KNCMiner Saturn(175GH/s)   
5-Jun   28.41%   15,605,633   111,709,472,280,631    0.451170335   0.225585167   Year 2013
16-Jun   15.00%   17,946,478   128,465,893,480,639    0.392322029   0.196161015   
27-Jun   15.00%   20,638,450    147,735,777,502,735    0.341149591   0.170574795   
8-Jul   15.00%   23,734,217    169,896,144,128,145    0.296651818   0.148325909   
19-Jul   15.00%   27,294,350    195,380,565,747,367    0.257958102   0.128979051   
30-Jul   15.00%   31,388,502    224,687,650,609,472    0.224311393   0.112155697   
10-Aug   15.00%   36,096,778    258,390,798,200,893    0.195053386   0.097526693   
21-Aug   15.00%   41,511,294    297,149,417,931,027    0.16961164   0.08480582   
1-Sep   15.00%   47,737,988    341,721,830,620,681    0.147488382   0.073744191   
12-Sep   15.00%   54,898,687    392,980,105,213,783    0.128250767   0.064125384   
23-Sep   15.00%   63,133,489    451,927,120,995,850    0.111522406   0.055761203   
4-Oct   15.00%   72,603,513    519,716,189,145,228    0.096976005   0.048488003   
15-Oct   15.00%   83,494,040    597,673,617,517,012    0.084326961   0.042163481   
26-Oct   15.00%   96,018,146    687,324,660,144,564    0.073327792   0.036663896   
6-Nov   15.00%   110,420,868    790,423,359,166,249    0.063763298   0.031881649   
17-Nov   15.00%   126,983,998    908,986,863,041,186    0.055446346   0.027723173   
28-Nov   15.00%   146,031,598    1,045,334,892,497,360    0.048214214   0.024107107   
9-Dec   15.00%   167,936,337    1,202,135,126,371,970    0.041925403   0.020962702   
20-Dec   15.00%   193,126,788    1,382,455,395,327,760    0.036456872   0.018228436   
31-Dec   15.00%   222,095,806    1,589,823,704,626,930    0.031701628   0.015850814   Year 2013 ends
11-Jan   15.00%   255,410,177    1,828,297,260,320,970    0.027566633   0.013783317   Year 2014 starts
22-Jan   15.00%   293,721,703    2,102,541,849,369,110    0.023970985   0.011985493   
2-Feb   15.00%   337,779,959    2,417,923,126,774,480    0.020844335   0.010422168   
13-Feb   15.00%   388,446,953    2,780,611,595,790,650    0.018125509   0.009062754   
24-Feb   15.00%   446,713,995    3,197,703,335,159,250    0.015761312   0.007880656   
7-Mar   15.00%   513,721,095    3,677,358,835,433,140    0.013705489   0.006852744   
18-Mar   15.00%   590,779,259    4,228,962,660,748,110    0.011917816   0.005958908   
29-Mar   15.00%   679,396,148    4,863,307,059,860,320    0.010363318   0.005181659   
9-Apr   15.00%   781,305,570    5,592,803,118,839,370    0.009011581   0.004505791   
20-Apr   15.00%   898,501,405    6,431,723,586,665,280    0.007836158   0.003918079   
1-May   15.00%   1,033,276,616    7,396,482,124,665,070    0.00681405   0.003407025   
12-May   15.00%   1,188,268,109    8,505,954,443,364,830    0.005925261   0.00296263   
23-May   15.00%   1,366,508,325    9,781,847,609,869,560    0.005152401   0.0025762   
3-Jun   15.00%   1,571,484,574    11,249,124,751,350,000    0.004480349   0.002240174   
14-Jun   15.00%   1,807,207,260    12,936,493,464,052,500    0.003895955   0.001947978   
25-Jun   15.00%   2,078,288,349    14,876,967,483,660,400    0.003387787   0.001693894   
6-Jul   15.00%   2,390,031,601    17,108,512,606,209,400    0.002945902   0.001472951   
17-Jul   15.00%   2,748,536,341    19,674,789,497,140,800    0.002561654   0.001280827   
28-Jul   15.00%   3,160,816,793    22,626,007,921,711,900    0.002227525   0.001113763   
8-Aug   15.00%   3,634,939,312    26,019,909,109,968,700    0.001936978   0.000968489   
19-Aug   15.00%   4,180,180,208    29,922,895,476,464,000    0.001684329   0.000842164   
30-Aug   15.00%   4,807,207,240    34,411,329,797,933,700    0.001464634   0.000732317   
10-Sep   15.00%   5,528,288,325    39,573,029,267,623,700    0.001273595   0.000636797   
21-Sep   15.00%   6,357,531,574    45,508,983,657,767,300    0.001107474   0.000553737   
2-Oct   15.00%   7,311,161,310    52,335,331,206,432,400    0.000963021   0.00048151   
13-Oct   15.00%   8,407,835,507    60,185,630,887,397,200    0.000837409   0.000418705   
24-Oct   15.00%   9,669,010,833    69,213,475,520,506,800    0.000728182   0.000364091   
4-Nov   15.00%   11,119,362,458    79,595,496,848,582,800    0.000633202   0.000316601   
15-Nov   15.00%   12,787,266,827    91,534,821,375,870,200    0.00055061   0.000275305   
26-Nov   15.00%   14,705,356,851    105,265,044,582,251,000    0.000478791   0.000239396   
7-Dec   15.00%   16,911,160,378    121,054,801,269,588,000    0.00041634   0.00020817   
18-Dec   15.00%   19,447,834,435    139,213,021,460,027,000    0.000362035   0.000181018   
29-Dec   15.00%   22,365,009,600    160,094,974,679,031,000    0.000314813   0.000157407   Year 2014 ends
                  
Future Prediction with average 10% difficulty increase                              Payout   13464.36166   3526.78365   
            Number of Blocks per day   Number of Blocks per day   
Date   Change   Difficulty(D)   Network Hash Rate= D * 2^32/600    KNCMiner Jupiter(350GH/s)    KNCMiner Saturn(175GH/s)   
5-Jun   28.41%   15,605,633   111,709,472,280,631    0.451170335   0.225585167   Year 2013 starts
16-Jun   10%   17,166,196    122,880,419,508,694    0.41015485   0.205077425   
27-Jun   10%   18,882,816    135,168,461,459,563    0.372868045   0.186434023   
8-Jul   10%   20,771,098    148,685,307,605,519    0.33897095   0.169485475   
19-Jul   10%   22,848,207    163,553,838,366,071    0.308155409   0.154077705   
30-Jul   10%   25,133,028    179,909,222,202,678    0.280141281   0.140070641   
10-Aug   10%   27,646,331    197,900,144,422,946    0.254673892   0.127336946   
21-Aug   10%   30,410,964    217,690,158,865,241    0.23152172   0.11576086   
1-Sep   10%   33,452,060    239,459,174,751,765    0.210474291   0.105237145   
12-Sep   10%   36,797,266    263,405,092,226,941    0.191340264   0.095670132   
23-Sep   10%   40,476,993    289,745,601,449,635    0.173945695   0.086972847   
4-Oct   10%   44,524,692    318,720,161,594,599    0.15813245   0.079066225   
15-Oct   10%   48,977,161    350,592,177,754,059    0.143756773   0.071878386   
26-Oct   10%   53,874,878    385,651,395,529,465    0.130687975   0.065343988   
6-Nov   10%   59,262,365    424,216,535,082,411    0.11880725   0.059403625   
17-Nov   10%   65,188,602    466,638,188,590,653    0.108006591   0.054003296   
28-Nov   10%   71,707,462    513,302,007,449,718    0.09818781   0.049093905   
9-Dec   10%   78,878,208    564,632,208,194,690    0.089261645   0.044630823   
20-Dec   10%   86,766,029    621,095,429,014,159    0.08114695   0.040573475   
31-Dec   10%   95,442,632    683,204,971,915,575    0.073769955   0.036884977   Year 2014 starts
11-Jan   10%   104,986,895    751,525,469,107,132    0.067063595   0.033531798   
22-Jan   10%   115,485,585    826,678,016,017,845    0.060966905   0.030483452   
2-Feb   10%   127,034,143    909,345,817,619,630    0.055424459   0.02771223   
13-Feb   10%   139,737,558    1,000,280,399,381,590    0.050385872   0.025192936   
24-Feb   10%   153,711,313    1,100,308,439,319,750    0.045805338   0.022902669   
7-Mar   10%   169,082,445    1,210,339,283,251,730    0.041641216   0.020820608   
18-Mar   10%   185,990,689    1,331,373,211,576,900    0.037855651   0.018927826   
29-Mar   10%   204,589,758    1,464,510,532,734,590    0.034414228   0.017207114   
9-Apr   10%   225,048,734    1,610,961,586,008,050    0.031285662   0.015642831   
20-Apr   10%   247,553,607    1,772,057,744,608,850    0.028441511   0.014220756   
1-May   10%   272,308,968    1,949,263,519,069,740    0.025855919   0.01292796   
12-May   10%   299,539,865    2,144,189,870,976,710    0.023505381   0.011752691   
23-May   10%   329,493,851    2,358,608,858,074,380    0.021368528   0.010684264   
3-Jun   10%   362,443,236    2,594,469,743,881,820    0.019425935   0.009712967   
14-Jun   10%   398,687,560    2,853,916,718,270,010    0.017659941   0.00882997   
25-Jun   10%   438,556,316    3,139,308,390,097,010    0.016054492   0.008027246   
6-Jul   10%   482,411,947    3,453,239,229,106,710    0.014594992   0.007297496   
17-Jul   10%   530,653,142    3,798,563,152,017,380    0.013268175   0.006634087   
28-Jul   10%   583,718,456    4,178,419,467,219,110    0.012061977   0.006030989   
8-Aug   10%   642,090,302    4,596,261,413,941,030    0.010965434   0.005482717   
19-Aug   10%   706,299,332    5,055,887,555,335,130    0.009968576   0.004984288   
30-Aug   10%   776,929,265    5,561,476,310,868,640    0.009062342   0.004531171   
10-Sep   10%   854,622,192    6,117,623,941,955,500    0.008238493   0.004119246   
21-Sep   10%   940,084,411    6,729,386,336,151,060    0.007489539   0.003744769   
2-Oct   10%   1,034,092,852    7,402,324,969,766,160    0.006808672   0.003404336   
13-Oct   10%   1,137,502,138    8,142,557,466,742,780    0.006189701   0.003094851   
24-Oct   10%   1,251,252,351    8,956,813,213,417,060    0.005627001   0.002813501   
4-Nov   10%   1,376,377,586    9,852,494,534,758,760    0.005115456   0.002557728   
15-Nov   10%   1,514,015,345    10,837,743,988,234,600    0.004650414   0.002325207   
26-Nov   10%   1,665,416,880    11,921,518,387,058,100    0.004227649   0.002113825   
7-Dec   10%   1,831,958,568    13,113,670,225,763,900    0.003843318   0.001921659   
18-Dec   10%   2,015,154,424    14,425,037,248,340,300    0.003493925   0.001746963   
29-Dec   10%   2,216,669,867    15,867,540,973,174,300    0.003176296   0.001588148   Year 2014 ends
                          Payout   25350.36299   12675.1815   
                  
                  
                  
Prediction with 20% Difficulty increase per day                   
                  
            Number of Blocks per day   Number of Blocks per day   
Date   Change   Difficulty(D)   Network Hash Rate= D * 2^32/600    KNCMiner Jupiter(350GH/s)    KNCMiner Saturn(175GH/s)   
5-Jun   28.41%   15,605,633   111,709,472,280,631    0.451170335   0.225585167   
16-Jun   20%   18,726,760    134,051,366,736,757    0.375975279   0.187987639   
27-Jun   20%   22,472,112    160,861,640,084,108    0.313312732   0.156656366   
8-Jul   20%   26,966,534    193,033,968,100,930    0.261093944   0.130546972   
19-Jul   20%   32,359,841    231,640,761,721,116    0.217578286   0.108789143   
30-Jul   20%   38,831,809    277,968,914,065,339    0.181315239   0.090657619   
10-Aug   20%   46,598,170    333,562,696,878,407    0.151096032   0.075548016   
21-Aug   20%   55,917,805    400,275,236,254,088    0.12591336   0.06295668   
1-Sep   20%   67,101,365    480,330,283,504,906    0.1049278   0.0524639   
12-Sep   20%   80,521,639    576,396,340,205,887    0.087439833   0.043719917   
23-Sep   20%   96,625,966    691,675,608,247,064    0.072866528   0.036433264   
4-Oct   20%   115,951,159    830,010,729,896,477    0.060722107   0.030361053   
15-Oct   20%   139,141,391    996,012,875,875,772    0.050601755   0.025300878   
26-Oct   20%   166,969,670    1,195,215,451,050,930    0.04216813   0.021084065   
6-Nov   20%   200,363,604    1,434,258,541,261,110    0.035140108   0.017570054   
17-Nov   20%   240,436,324    1,721,110,249,513,330    0.029283423   0.014641712   
28-Nov   20%   288,523,589    2,065,332,299,416,000    0.024402853   0.012201426   
9-Dec   20%   346,228,307    2,478,398,759,299,200    0.020335711   0.010167855   
20-Dec   20%   415,473,968    2,974,078,511,159,040    0.016946426   0.008473213   
31-Dec   20%   498,568,762    3,568,894,213,390,850    0.014122021   0.007061011   
11-Jan   20%   598,282,515    4,282,673,056,069,020    0.011768351   0.005884176   
22-Jan   20%   717,939,017    5,139,207,667,282,820    0.009806959   0.00490348   
2-Feb   20%   861,526,821    6,167,049,200,739,390    0.008172466   0.004086233   
13-Feb   20%   1,033,832,185    7,400,459,040,887,270    0.006810388   0.003405194   
24-Feb   20%   1,240,598,622    8,880,550,849,064,720    0.005675324   0.002837662   
7-Mar   20%   1,488,718,347    10,656,661,018,877,700    0.004729436   0.002364718   
18-Mar   20%   1,786,462,016    12,787,993,222,653,200    0.003941197   0.001970598   
29-Mar   20%   2,143,754,419    15,345,591,867,183,800    0.003284331   0.001642165   
9-Apr   20%   2,572,505,303    18,414,710,240,620,600    0.002736942   0.001368471   
20-Apr   20%   3,087,006,363    22,097,652,288,744,700    0.002280785   0.001140393   
1-May   20%   3,704,407,636    26,517,182,746,493,700    0.001900654   0.000950327   
12-May   20%   4,445,289,163    31,820,619,295,792,400    0.001583879   0.000791939   
23-May   20%   5,334,346,996    38,184,743,154,950,900    0.001319899   0.000659949   
3-Jun   20%   6,401,216,395    45,821,691,785,941,100    0.001099916   0.000549958   
14-Jun   20%   7,681,459,674    54,986,030,143,129,300    0.000916596   0.000458298   
25-Jun   20%   9,217,751,609    65,983,236,171,755,100    0.00076383   0.000381915   
6-Jul   20%   11,061,301,931    79,179,883,406,106,200    0.000636525   0.000318263   
17-Jul   20%   13,273,562,317    95,015,860,087,327,400    0.000530438   0.000265219   
28-Jul   20%   15,928,274,780    114,019,032,104,793,000    0.000442031   0.000221016   
8-Aug   20%   19,113,929,736    136,822,838,525,751,000    0.00036836   0.00018418   
19-Aug   20%   22,936,715,684    164,187,406,230,902,000    0.000306966   0.000153483   
30-Aug   20%   27,524,058,820    197,024,887,477,082,000    0.000255805   0.000127903   
10-Sep   20%   33,028,870,584    236,429,864,972,498,000    0.000213171   0.000106586   
21-Sep   20%   39,634,644,701    283,715,837,966,998,000    0.000177643   8.88213E-05   
2-Oct   20%   47,561,573,641    340,459,005,560,398,000    0.000148035   7.40177E-05   
13-Oct   20%   57,073,888,370    408,550,806,672,477,000    0.000123363   6.16814E-05   
24-Oct   20%   68,488,666,044    490,260,968,006,973,000    0.000102802   5.14012E-05   
4-Nov   20%   82,186,399,252    588,313,161,608,367,000    8.56687E-05   4.28343E-05   
15-Nov   20%   98,623,679,103    705,975,793,930,041,000    7.13905E-05   3.56953E-05   
26-Nov   20%   118,348,414,923    847,170,952,716,049,000    5.94921E-05   2.97461E-05   
7-Dec   20%   142,018,097,908    1,016,605,143,259,260,000    4.95768E-05   2.47884E-05   
18-Dec   20%   170,421,717,490    1,219,926,171,911,110,000    4.1314E-05   2.0657E-05   
29-Dec   20%   204,506,060,988    1,463,911,406,293,330,000    3.44283E-05   1.72142E-05   
                          Payout   3991.297484   2398.295812   
                  
                  
                  
                  
                  
Prediction with 25% Difficulty increase per day                   
                  
            Number of Blocks per day   Number of Blocks per day   
Date   Change   Difficulty(D)   Network Hash Rate= D * 2^32/600    KNCMiner Jupiter(350GH/s)    KNCMiner Saturn(175GH/s)   
5-Jun   28.41%   15,605,633   111,709,472,280,631    0.451170335   0.225585167   
16-Jun   25%   19,507,041    139,636,840,350,788    0.360936268   0.180468134   
27-Jun   25%   24,383,802    174,546,050,438,485    0.288749014   0.144374507   
8-Jul   25%   30,479,752    218,182,563,048,107    0.230999211   0.115499606   
19-Jul   25%   38,099,690    272,728,203,810,133    0.184799369   0.092399685   
30-Jul   25%   47,624,612    340,910,254,762,667    0.147839495   0.073919748   
10-Aug   25%   59,530,766    426,137,818,453,333    0.118271596   0.059135798   
21-Aug   25%   74,413,457    532,672,273,066,667    0.094617277   0.047308638   
1-Sep   25%   93,016,821    665,840,341,333,333    0.075693822   0.037846911   
12-Sep   25%   116,271,026    832,300,426,666,667    0.060555057   0.030277529   
23-Sep   25%   145,338,783    1,040,375,533,333,330    0.048444046   0.024222023   
4-Oct   25%   181,673,479    1,300,469,416,666,670    0.038755237   0.019377618   
15-Oct   25%   227,091,849    1,625,586,770,833,330    0.031004189   0.015502095   
26-Oct   25%   283,864,811    2,031,983,463,541,670    0.024803351   0.012401676   
6-Nov   25%   354,831,013    2,539,979,329,427,080    0.019842681   0.009921341   
17-Nov   25%   443,538,767    3,174,974,161,783,850    0.015874145   0.007937072   
28-Nov   25%   554,423,458    3,968,717,702,229,820    0.012699316   0.006349658   
9-Dec   25%   693,029,323    4,960,897,127,787,270    0.010159453   0.005079726   
20-Dec   25%   866,286,654    6,201,121,409,734,090    0.008127562   0.004063781   
31-Dec   25%   1,082,858,317    7,751,401,762,167,610    0.00650205   0.003251025   
11-Jan   25%   1,353,572,896    9,689,252,202,709,520    0.00520164   0.00260082   
22-Jan   25%   1,691,966,120    12,111,565,253,386,900    0.004161312   0.002080656   
2-Feb   25%   2,114,957,650    15,139,456,566,733,600    0.003329049   0.001664525   
13-Feb   25%   2,643,697,063    18,924,320,708,417,000    0.00266324   0.00133162   
24-Feb   25%   3,304,621,328    23,655,400,885,521,300    0.002130592   0.001065296   
7-Mar   25%   4,130,776,661    29,569,251,106,901,600    0.001704473   0.000852237   
18-Mar   25%   5,163,470,826    36,961,563,883,627,000    0.001363579   0.000681789   
29-Mar   25%   6,454,338,532    46,201,954,854,533,800    0.001090863   0.000545431   
9-Apr   25%   8,067,923,165    57,752,443,568,167,200    0.00087269   0.000436345   
20-Apr   25%   10,084,903,956    72,190,554,460,209,000    0.000698152   0.000349076   
1-May   25%   12,606,129,946    90,238,193,075,261,200    0.000558522   0.000279261   
12-May   25%   15,757,662,432    112,797,741,344,077,000    0.000446817   0.000223409   
23-May   25%   19,697,078,040    140,997,176,680,096,000    0.000357454   0.000178727   
3-Jun   25%   24,621,347,550    176,246,470,850,120,000    0.000285963   0.000142982   
14-Jun   25%   30,776,684,437    220,308,088,562,650,000    0.000228771   0.000114385   
25-Jun   25%   38,470,855,547    275,385,110,703,312,000    0.000183016   9.15082E-05   
6-Jul   25%   48,088,569,433    344,231,388,379,140,000    0.000146413   7.32066E-05   
17-Jul   25%   60,110,711,792    430,289,235,473,925,000    0.000117131   5.85653E-05   
28-Jul   25%   75,138,389,740    537,861,544,342,406,000    9.37044E-05   4.68522E-05   
8-Aug   25%   93,922,987,174    672,326,930,428,008,000    7.49635E-05   3.74818E-05   
19-Aug   25%   117,403,733,968    840,408,663,035,010,000    5.99708E-05   2.99854E-05   
30-Aug   25%   146,754,667,460    1,050,510,828,793,760,000    4.79767E-05   2.39883E-05   
10-Sep   25%   183,443,334,325    1,313,138,535,992,200,000    3.83813E-05   1.91907E-05   
21-Sep   25%   229,304,167,906    1,641,423,169,990,250,000    3.07051E-05   1.53525E-05   
2-Oct   25%   286,630,209,883    2,051,778,962,487,820,000    2.4564E-05   1.2282E-05   
13-Oct   25%   358,287,762,354    2,564,723,703,109,770,000    1.96512E-05   9.82562E-06   
24-Oct   25%   447,859,702,942    3,205,904,628,887,210,000    1.5721E-05   7.8605E-06   
4-Nov   25%   559,824,628,678    4,007,380,786,109,020,000    1.25768E-05   6.2884E-06   
15-Nov   25%   699,780,785,847    5,009,225,982,636,270,000    1.00614E-05   5.03072E-06   
26-Nov   25%   874,725,982,309    6,261,532,478,295,340,000    8.04915E-06   4.02457E-06   
7-Dec   25%   1,093,407,477,886    7,826,915,597,869,170,000    6.43932E-06   3.21966E-06   
18-Dec   25%   1,366,759,347,357    9,783,644,497,336,470,000    5.15145E-06   2.57573E-06   
29-Dec   25%   1,708,449,184,197    12,229,555,621,670,600,000    4.12116E-06   2.06058E-06   
                          Payout   1671.24337   1045.160398   
                  
                  
                  
                  
                  
Prediction with 30% Difficulty increase per day                   
                  
            Number of Blocks per day   Number of Blocks per day   
Date   Change   Difficulty(D)   Network Hash Rate= D * 2^32/600    KNCMiner Jupiter(350GH/s)    KNCMiner Saturn(175GH/s)   
5-Jun   28.41%   15,605,633   111,709,472,280,631    0.451170335   0.225585167   
16-Jun   30%   20,287,323    145,222,313,964,820    0.347054104   0.173527052   
27-Jun   30%   26,373,520    188,789,008,154,266    0.266964695   0.133482348   
8-Jul   30%   34,285,576    245,425,710,600,545    0.205357458   0.102678729   
19-Jul   30%   44,571,248    319,053,423,780,709    0.157967275   0.078983638   
30-Jul   30%   57,942,623    414,769,450,914,922    0.121513289   0.060756644   
10-Aug   30%   75,325,410    539,200,286,189,398    0.09347176   0.04673588   
21-Aug   30%   97,923,033    700,960,372,046,218    0.071901354   0.035950677   
1-Sep   30%   127,299,943    911,248,483,660,083    0.055308734   0.027654367   
12-Sep   30%   165,489,925    1,184,623,028,758,110    0.04254518   0.02127259   
23-Sep   30%   215,136,903    1,540,009,937,385,540    0.032727062   0.016363531   
4-Oct   30%   279,677,974    2,002,012,918,601,200    0.025174663   0.012587331   
15-Oct   30%   363,581,366    2,602,616,794,181,560    0.019365125   0.009682563   
26-Oct   30%   472,655,776    3,383,401,832,436,030    0.01489625   0.007448125   
6-Nov   30%   614,452,509    4,398,422,382,166,840    0.011458654   0.005729327   
17-Nov   30%   798,788,261    5,717,949,096,816,890    0.008814349   0.004407175   
28-Nov   30%   1,038,424,740    7,433,333,825,861,960    0.006780269   0.003390134   
9-Dec   30%   1,349,952,161    9,663,333,973,620,550    0.005215591   0.002607796   
20-Dec   30%   1,754,937,810    12,562,334,165,706,700    0.004011993   0.002005997   
31-Dec   30%   2,281,419,153    16,331,034,415,418,700    0.003086149   0.001543074   
11-Jan   30%   2,965,844,898    21,230,344,740,044,300    0.002373961   0.00118698   
22-Jan   30%   3,855,598,368    27,599,448,162,057,600    0.001826123   0.000913062   
2-Feb   30%   5,012,277,878    35,879,282,610,674,900    0.00140471   0.000702355   
13-Feb   30%   6,515,961,242    46,643,067,393,877,400    0.001080546   0.000540273   
24-Feb   30%   8,470,749,615    60,635,987,612,040,600    0.00083119   0.000415595   
7-Mar   30%   11,011,974,499    78,826,783,895,652,800    0.000639377   0.000319688   
18-Mar   30%   14,315,566,849    102,474,819,064,349,000    0.000491828   0.000245914   
29-Mar   30%   18,610,236,903    133,217,264,783,653,000    0.000378329   0.000189165   
9-Apr   30%   24,193,307,974    173,182,444,218,749,000    0.000291023   0.000145511   
20-Apr   30%   31,451,300,366    225,137,177,484,374,000    0.000223864   0.000111932   
1-May   30%   40,886,690,476    292,678,330,729,686,000    0.000172203   8.61014E-05   
12-May   30%   53,152,697,619    380,481,829,948,592,000    0.000132464   6.62318E-05   
23-May   30%   69,098,506,905    494,626,378,933,170,000    0.000101895   5.09475E-05   
3-Jun   30%   89,828,058,977    643,014,292,613,121,000    7.83808E-05   3.91904E-05   
14-Jun   30%   116,776,476,670    835,918,580,397,057,000    6.0293E-05   3.01465E-05   
25-Jun   30%   151,809,419,671    1,086,694,154,516,170,000    4.63792E-05   2.31896E-05   
6-Jul   30%   197,352,245,572    1,412,702,400,871,030,000    3.56763E-05   1.78382E-05   
17-Jul   30%   256,557,919,243    1,836,513,121,132,330,000    2.74433E-05   1.37217E-05   
28-Jul   30%   333,525,295,016    2,387,467,057,472,030,000    2.11102E-05   1.05551E-05   
8-Aug   30%   433,582,883,521    3,103,707,174,713,640,000    1.62386E-05   8.11932E-06   
19-Aug   30%   563,657,748,577    4,034,819,327,127,740,000    1.24913E-05   6.24563E-06   
30-Aug   30%   732,755,073,151    5,245,265,125,266,060,000    9.60867E-06   4.80433E-06   
10-Sep   30%   952,581,595,096    6,818,844,662,845,880,000    7.39128E-06   3.69564E-06   
21-Sep   30%   1,238,356,073,624    8,864,498,061,699,640,000    5.6856E-06   2.8428E-06   
2-Oct   30%   1,609,862,895,712    11,523,847,480,209,500,000    4.37354E-06   2.18677E-06   
13-Oct   30%   2,092,821,764,425    14,981,001,724,272,400,000    3.36426E-06   1.68213E-06   
24-Oct   30%   2,720,668,293,753    19,475,302,241,554,100,000    2.58789E-06   1.29395E-06   
4-Nov   30%   3,536,868,781,879    25,317,892,914,020,300,000    1.99069E-06   9.95343E-07   
15-Nov   30%   4,597,929,416,442    32,913,260,788,226,400,000    1.5313E-06   7.65649E-07   
26-Nov   30%   5,977,308,241,375    42,787,239,024,694,400,000    1.17792E-06   5.88961E-07   
7-Dec   30%   7,770,500,713,787    55,623,410,732,102,700,000    9.06093E-07   4.53047E-07   
18-Dec   30%   10,101,650,927,924    72,310,433,951,733,500,000    6.96995E-07   3.48497E-07   
29-Dec   30%   13,132,146,206,301    94,003,564,137,253,500,000    5.3615E-07   2.68075E-07   
                          Payout   745.016506   484.3826851   

[1715504724]

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[1715504724]

1715504724

[1715504724]

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[1715504724]

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[1715504724]

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[1715504724]

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[ripple]

To add to your useful spreadsheet analysis, further details about the Jupiter and Saturn from KnCMiner.

Jupiter hashes at 350 GH/s, shipment is also in September 2013, with a $6,995 USD price tag.
Saturn hashes at 175 GH/s, shipment is in September 2013, with a $3,795 USD price tag.

The units are built on a 28nm processes which has greater efficient power efficiency.

From above, the Jupiter cost ratio is $19.98 per Gh/s, and the Saturn $21.68 per Gh/s.

[brishtiteveja]

@ripple,
         

[pheaonix]

assumes they will ship

assumes they will ship at date specified

assumes they have a chip

assumes they can get the chip made

assumes they can have boards made

[brishtiteveja]

Ho

assumes they will ship

assumes they will ship at date specified

assumes they have a chip

assumes they can get the chip made

assumes they can have boards made

Hope all those assumptions come true.. People are so crazy.. I just got surprised to see how people can trust mere strangers in kncminer group buy...!!

[Tamis]

As I said in another thread this shows clearly not to invest !

Mining is going to be run by companies like asicminer and such... individuals will soon be left out !

[WillMilk4Coin]

That's quite the analysis. I can appreciate the time you might have spent putting this together, but I don't think it would be a realistic assumption to apply a static % forecast all the way through next year, however. For example, according to your data a 15% increase in December of this year would be a plausible 29 million jump, but carried through it would cause difficulty to jump nearly 3 billion in only the last 11 days of December 2014. Maybe you were doing this for a very rough, "worst-case scenario" calculation, but absent any new tech or remarkable advancements in efficiency, a 3G increase in 11 days isn't very reasonable. Before the end of this year, we will certainly find difficulty swelling with % increases that we have not yet seen, but as difficulty climbs, we'll see far fewer orders placed and much less production as more and more find their opportunity for ROI dwindle. The growth will be far more parabolic with large increases to start and steadily smaller changes in time.

As far as profitability, miners will begin turning off their rigs somewhere between 3.5-5.5G as long as general power costs and BTC value don't change dramatically in either direction. For now, and especially with still very few ASICs having hit the market, we'll continue to see increasingly large jumps in difficulty coming in the next 6mo - 1yr as the ASIC companies finally start to deliver. After this surge of pre-orders fulfillment and a wave of post-orders, we'll see the difficulty rate increase at continually slower rates. For my estimations, I'm planning on a difficulty of 1 billion by this time next year and maybe 2 billion by the end of 2014.

To sum, while the window of opportunity is closing quickly, I think there's still time for someone to invest in a miner as long as they take power efficiency into consideration.

[pkobse]

As I said in another thread this shows clearly not to invest !

Mining is going to be run by companies like asicminer and such... individuals will soon be left out !

And when this happens, bitcoin will slowly die (maybe faster than slowly). The aim for decentralization is broken.

[brishtiteveja]

@WillMilk4coin,
          It's of course not a realistic assumption. But Already last one month difficulty increase was 16%...So on average the increase is going to be 10-25% over six months or year for sure. So in smaller range, your profitability may differ and profitability sharply depends on BTC/USD price...
          And about the miner's behavior.. You never know..They will never be altruistic enough to think about the whole bitcoin community.. Because if you show someone 10x~20x profit...They are likely to invest and keep their rigs on.. Another thing is Kncminer is going to host their miners in sweden for their customers...In that case, I dunnoo..And I am afraid that more hosting providing mining system will come..And if all these asic companies are greedy enough, difficulty can jump more than 25%... But if BTC price rises with it, then you win. The same way as BTC sharply rose from last year November..But there I also think, BTC is going to encounter lots of political blow the more it gains popularity..So there are real risk.
          However, all you said can be totally true.. The thing is we can just predict in some way, in real world it's much more uncertain.Let's see.

@all,
      Thank you for your comments.

[endriuska]

once the hash rate goes up, doesn't it find blocks more quickly, thus the difficulty will increase more often?

[brishtiteveja]

Some Explanations..

       on average difficulty will be increased every 14 days almost
Date   Increase(%)   Difficulty Level(D)
2/5/2013   10.33            3651012
2/18/2013   11.47            4367876
3/1/2013   19.63            4847647
3/14/2013   10.98            6695826
3/24/2013   38.13      7673000
4/5/2013   14.59     8974296
4/17/2013   12.28    10076293
4/30/2013   12.28    11187257
5/12/2013   11.03    11187257
5/25/2013   8.64      12153412
6/5/2013   28.41           15605633
       16.16090909
                  ||
you can see the average increase in 16.16% from February 2nd upto June 6....
Why do you think the last big 28.41% increase? probably lots of guys got their BFLS and avalon mining devices !!!!

So every 11 day the difficulty is not going to be increased by a fixed (10/20/25/30) % , but on average it will be more than 10~15%. So for you in some weeks when the difficulty is low can be luckier...But difficulty will make that up in the next session.  

If difficulty: D
   Number of Found Blocks: N
   Total Network Hash Rate:H   =  time * hashrate of miners
For each hash the proability of solving a block is  1/(2^32 * D)   (Read the difficulty page from bitcoin wiki)

D = Maximum Target / Current Target

Current Target gets adjusted so that on average every 2 week the number of blocks found is 2016 (1 block in 10 minutes).
So, why difficulty increases some week? -  Because in the previous 2 week session, miners mined way more than 2016 blocks. But then the difficulty gets increased heavily. But even though, miners mine more than 2016 blocks (but comparatively less than the previous time).So this time difficulty gets increased slightly.. Then miners again mine way more than 2016 blocks with their new hash powers.. These go on and these will continue going on resulting huge network hash rate...

so the fixed increase is actually a rough estimation only.. but the picture will be the same..
It depends on you, which week you are mining..It may turn luckier for you but that won't go on forever..
Thank you.

you can download the xls file from here:
http://brishtiteveja.com/Downloads/Timevsdifficulty.xlsx

[suryc]

Thanks for sharing the xls file. Very helpful.

[Amph]

Ho

assumes they will ship

assumes they will ship at date specified

assumes they have a chip

assumes they can get the chip made

assumes they can have boards made

Hope all those assumptions come true.. People are so crazy.. I just got surprised to see how people can trust mere strangers in kncminer group buy...!!

yeah lol

also a 350 gh with 100M+ difficulty, isn't worth their price anymore

[Tamis]

All those buying asic right now will probably just break even if they are lucky but a lot will sadly lose money.
All the analysis point to the same conclusion.

Why do you think compagnies sell mining equipement instead of mining ? Because they know what's coming and selling mining equipment will generate much more money than mining with it !

To think I was about to invest...

[razorfishsl]

You may as well do a spreadsheet predicting the weather for the coming year......

[Tamis]

You may as well do a spreadsheet predicting the weather for the coming year......

If only weather would be as predictable as bitcoin mining...

[brishtiteveja]

@Tamis,
     

[ASICMining]

So basically, you'd need a 600GH/sec machine at the $7000 price point shipping in september to break even?

[bcpokey]

So basically, you'd need a 600GH/sec machine at the $7000 price point shipping in september to break even?

No?

[Perseus353]

Depressing stats.

I ordered a KNC yesterday with the option to pick it up in Stockholm (I live in London) -- which, hopefully hopefully, can be done when I'm in town for an international security conference in late September.

It's looking a lot like ASIC mining is a game that everyone is losing together.

That said -- there is one qualification on a positive note: with the rise of ASIC mining and the total hashing power of the network and increase in difficulty, there is also a countervailing trend that may be a source of slight optimism: if everyone is moving to ASIC, then the FPGA and GPU rigs are bowing out, and switching to other coins -- that could mean a drop of about 100 TH/s of the network, counteracting the 400-600 Th/s increase that ASIC will bring about come fall. One can hope.

[bcpokey]

Depressing stats.

I ordered a KNC yesterday with the option to pick it up in Stockholm (I live in London) -- which, hopefully hopefully, can be done when I'm in town for an international security conference in late September.

It's looking a lot like ASIC mining is a game that everyone is losing together.

That said -- there is one qualification on a positive note: with the rise of ASIC mining and the total hashing power of the network and increase in difficulty, there is also a countervailing trend that may be a source of slight optimism: if everyone is moving to ASIC, then the FPGA and GPU rigs are bowing out, and switching to other coins -- that could mean a drop of about 100 TH/s of the network, counteracting the 400-600 Th/s increase that ASIC will bring about come fall. One can hope.

GPUs probably make up only about 40TH/sec of the network. FPGAs don't really have any reason to bow out, they're not that much less efficient than ASICs. By the time they have to drop out, the amount of hashing power they represent won't even be noticed.

[polarhei]

Depressing stats.

I ordered a KNC yesterday with the option to pick it up in Stockholm (I live in London) -- which, hopefully hopefully, can be done when I'm in town for an international security conference in late September.

It's looking a lot like ASIC mining is a game that everyone is losing together.

That said -- there is one qualification on a positive note: with the rise of ASIC mining and the total hashing power of the network and increase in difficulty, there is also a countervailing trend that may be a source of slight optimism: if everyone is moving to ASIC, then the FPGA and GPU rigs are bowing out, and switching to other coins -- that could mean a drop of about 100 TH/s of the network, counteracting the 400-600 Th/s increase that ASIC will bring about come fall. One can hope.

GPUs probably make up only about 40TH/sec of the network. FPGAs don't really have any reason to bow out, they're not that much less efficient than ASICs. By the time they have to drop out, the amount of hashing power they represent won't even be noticed.

FPGA is the mother for design. Even it is failed at last, you still need to re-use the FPGA for next.
Additionally, Slow has slow usage. But not for long.

[frankenmint]

Depressing stats.

I ordered a KNC yesterday with the option to pick it up in Stockholm (I live in London) -- which, hopefully hopefully, can be done when I'm in town for an international security conference in late September.

It's looking a lot like ASIC mining is a game that everyone is losing together.

That said -- there is one qualification on a positive note: with the rise of ASIC mining and the total hashing power of the network and increase in difficulty, there is also a countervailing trend that may be a source of slight optimism: if everyone is moving to ASIC, then the FPGA and GPU rigs are bowing out, and switching to other coins -- that could mean a drop of about 100 TH/s of the network, counteracting the 400-600 Th/s increase that ASIC will bring about come fall. One can hope.

GPUs probably make up only about 40TH/sec of the network. FPGAs don't really have any reason to bow out, they're not that much less efficient than ASICs. By the time they have to drop out, the amount of hashing power they represent won't even be noticed.

FPGA is the mother for design. Even it is failed at last, you still need to re-use the FPGA for next.
Additionally, Slow has slow usage. But not for long.

My BOSH if that happens I'm takin my freicoins to the bank!!!! errm..exchange.

[Bagpipe]

In September, the difficulty will be anywhere from 80 to 180 million, and BTC price from 40 to 60 USD, and a KnC miner will be able to pay itself off in about 120 to 150 days in a bad case, basically it won't make much money after that, but get real, a very good investment pays off in 2 years, and those that pay off i 5 years are also not so common, the age of great returns on investments is definitely over.

If you don't believe me, you can ask trollbox for financial advice instead.

[sikman]

very true about the good old days are all over very soon, you best bet when buying an ASIC is that you break even, I hope I'm wrong!!

[dominicus]

Depressing stats.

I ordered a KNC yesterday with the option to pick it up in Stockholm (I live in London) -- which, hopefully hopefully, can be done when I'm in town for an international security conference in late September.

It's looking a lot like ASIC mining is a game that everyone is losing together.

That said -- there is one qualification on a positive note: with the rise of ASIC mining and the total hashing power of the network and increase in difficulty, there is also a countervailing trend that may be a source of slight optimism: if everyone is moving to ASIC, then the FPGA and GPU rigs are bowing out, and switching to other coins -- that could mean a drop of about 100 TH/s of the network, counteracting the 400-600 Th/s increase that ASIC will bring about come fall. One can hope.

I was thinking the same thing.  At the default difficulty, my bitcoins were costing above $100/BTC to mine, but I downloaded the difficulty adjustment patch, all better now.   

[k9quaint]

Figures without tables and in proportional fonts make me cry. 

[Perseus353]

Depressing stats.

I ordered a KNC yesterday with the option to pick it up in Stockholm (I live in London) -- which, hopefully hopefully, can be done when I'm in town for an international security conference in late September.

It's looking a lot like ASIC mining is a game that everyone is losing together.

That said -- there is one qualification on a positive note: with the rise of ASIC mining and the total hashing power of the network and increase in difficulty, there is also a countervailing trend that may be a source of slight optimism: if everyone is moving to ASIC, then the FPGA and GPU rigs are bowing out, and switching to other coins -- that could mean a drop of about 100 TH/s of the network, counteracting the 400-600 Th/s increase that ASIC will bring about come fall. One can hope.

I was thinking the same thing.  At the default difficulty, my bitcoins were costing above $100/BTC to mine, but I downloaded the difficulty adjustment patch, all better now.   

What is the "difficulty adjustment patch" ?

[drdops]

Depressing stats.

I ordered a KNC yesterday with the option to pick it up in Stockholm (I live in London) -- which, hopefully hopefully, can be done when I'm in town for an international security conference in late September.

It's looking a lot like ASIC mining is a game that everyone is losing together.

That said -- there is one qualification on a positive note: with the rise of ASIC mining and the total hashing power of the network and increase in difficulty, there is also a countervailing trend that may be a source of slight optimism: if everyone is moving to ASIC, then the FPGA and GPU rigs are bowing out, and switching to other coins -- that could mean a drop of about 100 TH/s of the network, counteracting the 400-600 Th/s increase that ASIC will bring about come fall. One can hope.

I was thinking the same thing.  At the default difficulty, my bitcoins were costing above $100/BTC to mine, but I downloaded the difficulty adjustment patch, all better now.   

What is the "difficulty adjustment patch" ?

I think he meant it as a joke 

[dominicus]

Depressing stats.

I ordered a KNC yesterday with the option to pick it up in Stockholm (I live in London) -- which, hopefully hopefully, can be done when I'm in town for an international security conference in late September.

It's looking a lot like ASIC mining is a game that everyone is losing together.

That said -- there is one qualification on a positive note: with the rise of ASIC mining and the total hashing power of the network and increase in difficulty, there is also a countervailing trend that may be a source of slight optimism: if everyone is moving to ASIC, then the FPGA and GPU rigs are bowing out, and switching to other coins -- that could mean a drop of about 100 TH/s of the network, counteracting the 400-600 Th/s increase that ASIC will bring about come fall. One can hope.

I was thinking the same thing.  At the default difficulty, my bitcoins were costing above $100/BTC to mine, but I downloaded the difficulty adjustment patch, all better now.   

What is the "difficulty adjustment patch" ?

I think he meant it as a joke 

I confirm, meant as a joke.  Only way to less difficulty is to switch to alternate fauxcoins. Sorry bout that.

[trdiablo]

KNCminer is also planning to release a "multi-currency" miner this year, meaning you will be able to program it and mine Litecoins and other new scrypt coins with it.

That will be more interesting to me, as I can now first wait and see if the Bitcoin miner orders come through and the company is trustworthy. If so, I will for sure order their Scrypt miner.

[Rawted]

https://www.kncminer.com/news/news-24

At KnCMiner we are aware of the service we are providing to our customers. We are also aware that we need our customers to have a return on their devices in order to purchase form us again. With the scale of the supply chains, agreements and factories we have access to, we need to be cautious we don’t ship too many devices and therefore reduce the return to our customers.  So with that in mind our plan is to do as follows:
 
We will ship no devices in December 2013, January 2014 or  February 2014. Meaning that once we have taken the difficulty up at the end of November we will not release any more hashing power for 3 months. We will then release our new generation of devices, which will begin shipping in March 2014. These devices will also have a much higher GH/$ rating than any of our current offerings.
 
We would like to state that If any of our competitors continues to add large amounts of hashing power to the network during December, January or February. We will continue to release our devices as competitively priced as we can to protect our customers share of the network.

Thanks
KnCMiner Team

Fishy situation. This has the buildings of a complete vaporware scam.

[tacotime]

As I said before, going right to 28 nm is one hell of a gamble for them.  One should recall BFL wanted to use a 65 nm process and couldn't even get it off the ground in a year, while ASICMINER on 130 nm and Avalon on 110 nm had a much shorter overall development process.

[joae1975]

Did you guys read the latest KNC news letter?
https://www.kncminer.com/news

Apparently they're not going to ship anything from Dec-Feb...as long as there's no competition.  Interesting how this is going to play out.

Thoughts?

[pyra-proxy]

As I said before, going right to 28 nm is one hell of a gamble for them.  One should recall BFL wanted to use a 65 nm process and couldn't even get it off the ground in a year, while ASICMINER on 130 nm and Avalon on 110 nm had a much shorter overall development process.

I'm rooting for them because its a primary factor in how long a life these miners will have.  Avalon lifespan will be short but they won the profitability game by being first to market, the next game is performance per watt per btc and 3 brands seem to be aiming high for that knc, bitfury and ?avp?

In hindsight being an early adopter with bfl fpga singles ended up hurting my pocket book..... 

[trdiablo]

you all assume to break even with the miner based on the current BTC price.

But with the BTC difficulty sky rocketing the value of BTC will also (again) skyrocket, so you can make a big profit with these ASICs.
Who knows what the value of BTC will be in 1 or 2 years from now? 200$ ? 1000$ ? 2000$ ?

[frankenmint]

you all assume to break even with the miner based on the current BTC price.

But with the BTC difficulty sky rocketing the value of BTC will also (again) skyrocket, so you can make a big profit with these ASICs.
Who knows what the value of BTC will be in 1 or 2 years from now? 200$ ? 1000$ ? 2000$ ?

ermmm no to the 1000+ prices...too many will dump their coins around 500 bucks and the greed alone will make a new bubble crash it could happen but it would be a long term upward spiral trend filled with bubbles.

(but hey...maybe I'm just being a FUD spreader that doesn't want people to buy into mining to postpone the diff. spikes right?)

[brishtiteveja]

Bitcoin Network pretty much followed the 25% average difficulty increase table. In fact more than that.

[RoadStress]

Just 2 quotes:

KNCMiner Jupiter(350GH/s)

and

20-Dec   15.00%   193,126,788    1,382,455,395,327,760    0.036456872   0.018228436

On 21 Dec the difficulty was

Dec 21 2013    1,180,923,195    30.01%    8,453,378 GH/s

[izaa12]

https://www.kncminer.com/news/news-24

At KnCMiner we are aware of the service we are providing to our customers. We are also aware that we need our customers to have a return on their devices in order to purchase form us again. With the scale of the supply chains, agreements and factories we have access to, we need to be cautious we don’t ship too many devices and therefore reduce the return to our customers.  So with that in mind our plan is to do as follows:
 
We will ship no devices in December 2013, January 2014 or  February 2014. Meaning that once we have taken the difficulty up at the end of November we will not release any more hashing power for 3 months. We will then release our new generation of devices, which will begin shipping in March 2014. These devices will also have a much higher GH/$ rating than any of our current offerings.
 
We would like to state that If any of our competitors continues to add large amounts of hashing power to the network during December, January or February. We will continue to release our devices as competitively priced as we can to protect our customers share of the network.

Thanks
KnCMiner Team

Fishy situation. This has the buildings of a complete vaporware scam.

Very damn fishy, if you ask me.  I've talked to Knc a few times about issues (there weren't issues in actuality) i had been having with my Saturn and they were completely dismissive... makes me not wnat to deal with them at all.