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Topic: KnC new toys - page 2. (Read 5512 times)

newbie
Activity: 14
Merit: 0
June 06, 2015, 11:54:38 AM
#37
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.
legendary
Activity: 1820
Merit: 1001
June 06, 2015, 05:56:55 AM
#36
The 16nm 3d finfet looks like an exciting and impressive chip, certainly another leap forward for technology in the mining industry.
I'm interested to know if anyone had or has a mining contract with KnC? What was the service like and did you ROI?
Also, given the 16nm deployment, will anyone be looking to purchase new contracts?

Simple answer to KNC services do not use now and do not use in the future they had equipment in the past broke promises to customers and ran things totally wrong people had massive delays on equipment being shipped out and all they said and did was well as you guessed it nothing and didn't even bother to compensate. All they where interested in and are interested in now is other peoples money to make them rich
full member
Activity: 124
Merit: 100
June 06, 2015, 02:45:27 AM
#35
The 16nm 3d finfet looks like an exciting and impressive chip, certainly another leap forward for technology in the mining industry.
I'm interested to know if anyone had or has a mining contract with KnC? What was the service like and did you ROI?
Also, given the 16nm deployment, will anyone be looking to purchase new contracts?
legendary
Activity: 1316
Merit: 1014
ex uno plures
June 05, 2015, 08:18:52 PM
#34
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.
newbie
Activity: 14
Merit: 0
June 05, 2015, 04:58:45 PM
#33
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.
legendary
Activity: 1316
Merit: 1014
ex uno plures
June 05, 2015, 04:34:12 PM
#32
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 ?
legendary
Activity: 1820
Merit: 1001
June 05, 2015, 03:22:35 PM
#31
Well all I know i am holding off selling any more coin as block rewards going to be halfing next year so might as grab as much as can now and see where prices go next eyar and no doubt some more equipment will come out but looking ahead it wont be worth the rewards.
legendary
Activity: 3206
Merit: 1069
June 05, 2015, 03:21:18 AM
#30
they are going to rise the diff, obviously, by going with more power hash and less wattage consumed, hence more coins mined for them, which mean more dumping, because they will pay the same old electricity

but i doubt others companies will stay watching without doing nothing, we can guess that they will dump more for 1-3 months, before the ratio will return, as it is right now

no they won't that would be moron. basic economics  is freeze diff lower power due to low price of coins.

jumping the diff will kill them.

if they had 20ph at 10 megawatts   they can now have 20 ph at 1.4 meagwatts.  thus saving 8.6 megawatts on their power bill.


they have 0 need to raise the ph.  the entire reason diff is frozen is the big guys have all decided to freeze ph and lower power costs.

this is not changing until coins go up.

thinking about it now, and you are right, dumping less because you consume less, is a form of earning too, also will help the market indirectly
legendary
Activity: 4172
Merit: 8075
'The right to privacy matters'
June 04, 2015, 08:04:27 PM
#29
they are going to rise the diff, obviously, by going with more power hash and less wattage consumed, hence more coins mined for them, which mean more dumping, because they will pay the same old electricity

but i doubt others companies will stay watching without doing nothing, we can guess that they will dump more for 1-3 months, before the ratio will return, as it is right now

no they won't that would be moron. basic economics  is freeze diff lower power due to low price of coins.

jumping the diff will kill them.

if they had 20ph at 10 megawatts   they can now have 20 ph at 1.4 meagwatts.  thus saving 8.6 megawatts on their power bill.


they have 0 need to raise the ph.  the entire reason diff is frozen is the big guys have all decided to freeze ph and lower power costs.

this is not changing until coins go up.
legendary
Activity: 3738
Merit: 1708
June 04, 2015, 07:23:13 PM
#28
This hardware is probably already running.

Basically many have shut down their miners due to summer while the difficulty remained the same.
legendary
Activity: 1036
Merit: 1000
/dev/null
June 04, 2015, 05:40:49 PM
#27
ahh maybe they just need some PR and visibility...or funds..or both..Smiley

omg I so hate KNC...Sad
hero member
Activity: 770
Merit: 500
June 04, 2015, 05:00:54 PM
#26
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.
hero member
Activity: 882
Merit: 500
Where am I?
June 04, 2015, 04:57:23 PM
#25
Too bad they only make the hardware for themselves now.  So announcing it is kind of just rubbing it in everyone's face.
legendary
Activity: 1722
Merit: 1000
June 04, 2015, 09:30:14 AM
#24
http://www.kncminer.com/blog/newsarchive

"KnCMiner Just Broke All World Records Running A New 3D Bitcoin Mining Chip At 16 Nanometer"

They claim 0.07W/GH interesting to see how other miners will react when deploying new mines.

0.07w might be at severe underclocking and at the chip level. In actual implementation its likely 0.15-0.4w/gh at the wall depending if you over/underclock

Even 100GH/s at .07w/GH is amazingly awesome.
legendary
Activity: 2114
Merit: 1005
ASIC Wannabe
June 04, 2015, 09:03:26 AM
#23
http://www.kncminer.com/blog/newsarchive

"KnCMiner Just Broke All World Records Running A New 3D Bitcoin Mining Chip At 16 Nanometer"

They claim 0.07W/GH interesting to see how other miners will react when deploying new mines.

0.07w might be at severe underclocking and at the chip level. In actual implementation its likely 0.15-0.4w/gh at the wall depending if you over/underclock
hero member
Activity: 770
Merit: 500
June 04, 2015, 05:10:55 AM
#22
http://www.kncminer.com/blog/newsarchive

"KnCMiner Just Broke All World Records Running A New 3D Bitcoin Mining Chip At 16 Nanometer"

They claim 0.07W/GH interesting to see how other miners will react when deploying new mines.
legendary
Activity: 3206
Merit: 1069
June 04, 2015, 02:02:13 AM
#21
Who knows what will happen if they really have made it to scam this becoming more like another BFL case making BS promises that cant be kept and shit happens. If it does happen at least it will push other companies to get up to speed with what they have and push the miners to a new level.

arent' they only producing HW for themselves now? i read it from another user, if this is the case, there is no problem of unsolved pre-order or scamming in general from them

we already know that they first wait for roi and then sell, or that they sell when there is no big profit to be made anymore
alh
legendary
Activity: 1844
Merit: 1050
June 04, 2015, 12:45:28 AM
#20

A higher total hashrate of the Bitcoin network further increases the system's integrity and security. Bitcoin aficionados worldwide can rejoice as they watch the full hashrate of the network increase over the coming weeks and months.

Thank God KNC will be around to increase the total hash rate of the Bitcoin network. I have been thinking to myself how insecure the network could be right now. It's obvious to anybody, that we really need another 50Ph to be "more secure". I think we know how much more secure folks felt as the difficulty rose 10% every 2 weeks. I will be rejoicing for sure when it arrives!  Smiley

What a load of horse poop.
hero member
Activity: 562
Merit: 506
We're going to need a bigger heatsink.
June 04, 2015, 12:42:17 AM
#19
A higher total hashrate of the Bitcoin network further increases the system's integrity and security. Bitcoin aficionados worldwide can rejoice as they watch the full hashrate of the network increase over the coming weeks and months.

That's bullshit. Distribution of hashrate is what matters, not total hashrate. All the extra miners on the network will belong to KNC...
/rant
hero member
Activity: 686
Merit: 500
FUN > ROI
June 04, 2015, 12:00:24 AM
#18
This all depends on how KNC decides to deploy their newly minted gear. [...] It's not a requirement that they force a difficulty increase, and start a news "Arms Race" in Bitcoin mining.

A higher total hashrate of the Bitcoin network further increases the system's integrity and security. Bitcoin aficionados worldwide can rejoice as they watch the full hashrate of the network increase over the coming weeks and months.
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