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Topic: KnC new toys (Read 5511 times)

sr. member
Activity: 254
Merit: 1258
August 24, 2015, 12:38:26 PM
#57
As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.

Knc 's 16nm chip never is built in a mass production .  How is that for a prediction?

According to the latest news of Alchip, KNCminer Solar chip already Started mass-production at July , if their machines are ready at early of Sep. they probably start mining themselves, we will see how the hashing power increased if it is true.



Well I'm not a expert, but what would be the actual increase? Have to keep in mind that they are also shutting down the old miners. Today the network hash is 421 phs and yesterday I saw 375 phs. I don't know if 46 phs can be a spike, does anyone have an idea? Or am I just daydreaming?
We will need more data to be able to tell and with Bitmain and their S7 coming out with almost halve the power per th it could easily not be KNC.
sr. member
Activity: 266
Merit: 250
Infected Mushroom
August 24, 2015, 08:58:29 AM
#56
As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.

Knc 's 16nm chip never is built in a mass production .  How is that for a prediction?

According to the latest news of Alchip, KNCminer Solar chip already Started mass-production at July , if their machines are ready at early of Sep. they probably start mining themselves, we will see how the hashing power increased if it is true.



Well I'm not a expert, but what would be the actual increase? Have to keep in mind that they are also shutting down the old miners. Today the network hash is 421 phs and yesterday I saw 375 phs. I don't know if 46 phs can be a spike, does anyone have an idea? Or am I just daydreaming?
member
Activity: 68
Merit: 11
August 23, 2015, 09:49:51 PM
#55
As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.

Knc 's 16nm chip never is built in a mass production .  How is that for a prediction?

According to the latest news of Alchip, KNCminer Solar chip already Started mass-production at July , if their machines are ready at early of Sep. they probably start mining themselves, we will see how the hashing power increased if it is true.

legendary
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
July 06, 2015, 10:27:24 AM
#54
As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.


KNC is broke. Their financials got leaked. They are in a ton of trouble and will probably need to sell most of their company to stay afloat.

They've had a ton of investor money flowing in, I'm just curious at what terms. A lot of them must be itchy to try clawing some of the money back.
legendary
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
July 06, 2015, 10:25:55 AM
#53
As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.

Knc 's 16nm chip never is built in a mass production .  How is that for a prediction?

A 5000 core chip with a new production process with yield issues? What can go wrong?
full member
Activity: 125
Merit: 100
July 06, 2015, 08:48:51 AM
#52
As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.


KNC is broke. Their financials got leaked. They are in a ton of trouble and will probably need to sell most of their company to stay afloat.
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
July 05, 2015, 08:52:54 PM
#51
As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.

Knc 's 16nm chip never is built in a mass production .  How is that for a prediction?
sr. member
Activity: 462
Merit: 250
June 23, 2015, 05:59:18 AM
#50
As Puppet's ponzi list shows, KnC Cloud is far from a ponzi and they are leading the market with the development of their 16nm chip. At the moment they don't accept registrations but one can just speculate in how much bitcoin will be directed to Northern Sweden. I'm kind of little worried about it: the question is if BitMain can compete with KnC with their S6? If not and the production runs smoothly, KnC might get a lot of the market. And that's never a good thing.
legendary
Activity: 2114
Merit: 1005
ASIC Wannabe
June 20, 2015, 10:55:52 AM
#49
this guys should be in jail!!!

new chip Huh i hope btc price goes under 200 Grin say 100! Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

they would still be making money because other miners would give up, droppingf the difficulty, while KNC and anyone with <5c/kwh will be able to mine more BTC for themselves
full member
Activity: 199
Merit: 100
in the end, you only find the beginning
June 13, 2015, 08:34:16 AM
#48
is awesome that the industry is doing giant steps thanks to BTC world.

like military is doing with tegnology Wink, in the end im happy with it, diff will raise a lot yes, but i think is good for us.
legendary
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
June 13, 2015, 06:48:46 AM
#47
KNC said new 16nm chip will be 6-8 times more effective than 28nm chip (NOT 20nm!)
KNC 28nm miner - Saturn and Jupiter, 1.09W/Ghs
So new 16nm chip will be 0.14-0.18 W/Ghs, not 0.07W/Ghs

Nevertheless I don't believe in KNC, they are liars and their 16nm 3D chip is fake

I think those numbers are more realistic. They've been claiming to be "on schedule" to release a 0.07J/Ghs chip in "early 2016" for quite a while. At the beginning they were talking about Jan/Feb 2016. So claiming they were "on schedule" is misleading. The whole Solar Campaign has been misleading, probably to dissuade competitors and other miners from investing in new processes and gear. That might actually have been a good thing, because the aggressive  price drop meant that a bit of consolidation has been good for miners. Not that that was what KnC had in mind. Even if the chip design in theory could reach 0.07J/Ghs, those numbers are so low that inefficiencies in the layout of the boards can easily pump power usage up 3x. If Bitmain or Spondoolies come out with machines based on much smaller 14/16nm FinFet chips (far fewer cores per chip) I think it should be easier to get close to 0.1W∕Ghs.
hero member
Activity: 742
Merit: 500
June 13, 2015, 06:35:34 AM
#46
this guys should be in jail!!!

new chip Huh i hope btc price goes under 200 Grin say 100! Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy
member
Activity: 118
Merit: 10
June 13, 2015, 06:30:01 AM
#45
KNC said new 16nm chip will be 6-8 times more effective than 28nm chip (NOT 20nm!)
KNC 28nm miner - Saturn and Jupiter, 1.09W/Ghs
So new 16nm chip will be 0.14-0.18 W/Ghs, not 0.07W/Ghs

Nevertheless I don't believe in KNC, they are liars and their 16nm 3D chip is fake
legendary
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
June 08, 2015, 03:42:21 AM
#44
The idea that they would swap PH for PH doesn't fly. They have a competitive advantage which will force other miners off the network. With 4 cents per kWh they can stay profitable for much longer than most, even with current tech. With electricity usage down 60-80% they can easily double the network and remain plenty profitable per minted coin. But now they will mint much more of them. Plus, they've already announced new data centers with several tens of megawatt of electricity available.

so in the end we are thinking the same, they will raise their power, thus increases their hash and their wattage at the same level of 28nm, result in making more coins and more dump

I'm sorry if I misread you. I hadn't seen this thread by then.
legendary
Activity: 3206
Merit: 1069
June 08, 2015, 03:19:44 AM
#43
The idea that they would swap PH for PH doesn't fly. They have a competitive advantage which will force other miners off the network. With 4 cents per kWh they can stay profitable for much longer than most, even with current tech. With electricity usage down 60-80% they can easily double the network and remain plenty profitable per minted coin. But now they will mint much more of them. Plus, they've already announced new data centers with several tens of megawatt of electricity available.

so in the end we are thinking the same, they will raise their power, thus increases their hash and their wattage at the same level of 28nm, result in making more coins and more dump
legendary
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
June 07, 2015, 04:09:07 PM
#42

I'm thinking largescale miners will eventually have to start scaling down to the most efficiency vs most gain as rewards keep halving.  I can't imagine it being cost effective to run all out full bore till the end of rewards when the only take will be transaction percentages.

Market cap on BTC today is around 3 billion usd. If it reaches its potential it should be in the trillions. Even just the transaction fees would be sufficient to power a pretty hefty network. The question is more if Bitcoin would be forced to go over to PoS mining due to environmental concerns.
hero member
Activity: 770
Merit: 500
June 07, 2015, 04:00:27 PM
#41
The idea that they would swap PH for PH doesn't fly. They have a competitive advantage which will force other miners off the network. With 4 cents per kWh they can stay profitable for much longer than most, even with current tech. With electricity usage down 60-80% they can easily double the network and remain plenty profitable per minted coin. But now they will mint much more of them. Plus, they've already announced new data centers with several tens of megawatt of electricity available.



Too bad they only make the hardware for themselves now.  So announcing it is kind of just rubbing it in everyone's face.

Yeah, that's what I am wondering. Why are they announcing this if they only manufacture for themselves? It's kind of revealing a competitive advantage on purpose. Maybe they need funding.

To discourage the rest of us from buying more miners.


Yes this makes sense. Still I doubt if the chips are going to be hashing in the next 5-6 months.
legendary
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
June 07, 2015, 03:42:09 PM
#40
The idea that they would swap PH for PH doesn't fly. They have a competitive advantage which will force other miners off the network. With 4 cents per kWh they can stay profitable for much longer than most, even with current tech. With electricity usage down 60-80% they can easily double the network and remain plenty profitable per minted coin. But now they will mint much more of them. Plus, they've already announced new data centers with several tens of megawatt of electricity available.



Too bad they only make the hardware for themselves now.  So announcing it is kind of just rubbing it in everyone's face.

Yeah, that's what I am wondering. Why are they announcing this if they only manufacture for themselves? It's kind of revealing a competitive advantage on purpose. Maybe they need funding.

To discourage the rest of us from buying more miners.
newbie
Activity: 14
Merit: 0
June 06, 2015, 12:56:30 PM
#39
I can agree to that, it needs to be spread around to keep it truly decentralized.  Otherwise, we'll have the Official Bank of Bitcoin savings and loan to be dealing with, defeating the purpose of bitcoin in the first place.

What are the chances a HUGE investor would come in at the end and buyout all the large farms in order to control most of the transactions in the future? I know that's way in the future and I'm probably way off the original topic now...sorry!
legendary
Activity: 1820
Merit: 1001
June 06, 2015, 12:45:51 PM
#38
the entire reason diff is frozen is the big guys have all decided to freeze ph and lower power costs.

Are you claiming there is collusion between KNC and other big miners to freeze their market share ?
It would make sense to freeze ph and try for better efficiency, why would they want to start a larger ph race guarenteed to increase difficulty.  They'll make plenty running more efficient equipment and not adding to more market burden.

On the contrary … if you have a new 16nm 3d finfet high efficiency technology rolling out it would make sense to try to gain market share before others catch up.

I can see that raising profit as well, but also raising difficulty.  If it's a way more efficient machine, wouldn't you want to weigh the profits of running the same ph at less wattage and maintaining difficulty vs raising the ph maintaining the same wattage and increasing difficulty to see which maximizes profit?  The difficulty won't increase immediately but will catch up if you increase ph...

I'm thinking largescale miners will eventually have to start scaling down to the most efficiency vs most gain as rewards keep halving.  I can't imagine it being cost effective to run all out full bore till the end of rewards when the only take will be transaction percentages.

Large miners ahve already been doing that even someone who I speak to has started selling his equipment making room for newer when it comes out. Mining now is a rats race first in last out last in never out. Eve nwith some of the bigger units like s5 should only be available to customers and x amount of machines per customer to balance the loads out and not have corporate company's or massive company's having their way and raking all the coins in. Should be limited per customer and customers should come first before businesses customers
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