Don't Buy Any Hardware Right Now Unless You Want to Lose Money!

[adaseb]

Right now is the worse time to buy any new hardware. KNC is at the end of production for their Solor chips. These chips blow the current competition out of the water.

It will feature a 0.06 W/GHS (YES THATS NOT A TYPO)

That's almost 10x more efficient then todays current technology.


Most likely they WON'T sell this equipment to the public but it will make the current difficulty go up like 10 fold.

[sidehack]

I thought they were still around tapeout?

[MaximeAD]

Very credible post.

[Rabinovitch]

Any proofs? Links, rumors at the forums, e-mails?

[ncsupanda]

Did someone purchase this account? Some odd posts from you lately.

[adaseb]

Did someone purchase this account? Some odd posts from you lately.

How so

[adaseb]

Any proofs? Links, rumors at the forums, e-mails?

Go to www.kncminer.com

[djroadking]

Someone's on one hell of a trip right now... So please tell us what where the hell this info came from?
It's a post from November 2014...? And I doubt they will ever be released to the public.

[Bicknellski]

KnC + Bitfury + Asicminer + Bitmain + many others...


All are self-mining. The end game here is no one will be able to purchase mining power unless it is old and inefficient.

The more realistic end game though is a BTC price crash that leaves most farms having to shut off just to save the enormous electricity bill.

[adaseb]

Someone's on one hell of a trip right now... So please tell us what where the hell this info came from?
It's a post from November 2014...? And I doubt they will ever be released to the public.

Its not just KNC. Its also other brand such as SP which don't want to manufacture any more mining equipment.

[Meech]

KNC aren't people/miner friendly. It's been known for sometime that they will stop building personal miners.  I read somewhere they have been given outside funding to facilitate their venture.  You can guarantee they will sell this tech to the highest bidder since new hardware is needed for the farms to profit for this prolonged dip in btc price.  This company has great endeavors for pushing the envelope but should quit and get out of the game.

[coinut]

if KNC does complete there supposed  0.06 W/GHS miner you can be rest assured that they will mine with your gear until that 0.06 is run of the mill then you will take shipment of a working miner if your lucky, or maybe a miner all damaged and broken.. then you could look forward to there outstanding customer service



 

[Guy Corem]

Someone's on one hell of a trip right now... So please tell us what where the hell this info came from?
It's a post from November 2014...? And I doubt they will ever be released to the public.

Its not just KNC. Its also other brand such as SP which don't want to manufacture any more mining equipment.

Incorrect.

[arnab]

yup that is true.mining is not profitable with owr present technology and price level.i am just waiting when the technology will make a new thing which will make mining profitable again

[mavericklm]

if KNC does complete there supposed  0.06 W/GHS miner you can be rest assured that they will mine with your gear until that 0.06 is run of the mill then you will take shipment of a working miner if your lucky, or maybe a miner all damaged and broken.. then you could look forward to there outstanding customer service

And they will steal your money in form of pre-orders!

[dimke_yu]

Do not fall on preorders buy what you can ATM, question of it is profitable or not is totaly different matter...

[TheRealSteve]

Its not just KNC. Its also other brand such as SP which don't want to manufacture any more mining equipment.

Incorrect.

For those wondering about Spondoolies-Tech, start reading here - until you hit the sub-discussion about the exchange rate of Bitcoin: https://bitcointalk.org/index.php?topic=521520.msg10511583#msg10511583
tl;dr: Spondoolies plans to continue manufacturing mining equipment for medium-large scale deployment.  They also want to build miners for retail (home/small scale).  There's a divide between wanting to and it making business sense that would need bridging.

[dmeter]

Its not just KNC. Its also other brand such as SP which don't want to manufacture any more mining equipment.

Incorrect.

For those wondering about Spondoolies-Tech, start reading here - until you hit the sub-discussion about the exchange rate of Bitcoin: https://bitcointalk.org/index.php?topic=521520.msg10511583#msg10511583
tl;dr: Spondoolies plans to continue manufacturing mining equipment for medium-large scale deployment.  They also want to build miners for retail (home/small scale).  There's a divide between wanting to and it making business sense that would need bridging.

What do you count as home/small scale?

80-100 th 16000 watt

[sidehack]

I think most people would be comfortable with relatively quiet <1KW miners. The S1 made a freakin' killing last year with home customers.

There's probably a decent market in <100W quiet desk miners as well. A good efficient board design, if it was modular enough, could meet both needs by making a small 1-3 board case and a large 10-20 board case with internal hubs or backplane.

[sidehack]

I think instead of actually answering the question, he was just repeating the expected specs for Spondoolies' next machine.