Topic: KnC new toys - page 3. (Read 5570 times)
If that chip really works like they described, 6-8x more efficient than current design, then they will have lots of room to play. Their closed operation will not raise the difficulty too much, while they can comfortably enjoy the efficiency advantage for a while
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.
Wondering if they will do home miner with it!? Probably not 
I'm REALLY hoping they don't offer another home miner, enough people have been badly burnt by these bastards.
True they might be burning quite a few mined BTC on legal bills ... they spent the proceeds of previous home miner sales making the death star dator hall.
Go die KNC ... and then investors might realize what a mistake they made.
Maybe 21 can go solar as well.
I want my phone to mine BTC and to be solar powered.
Just in case this was serious - 'Solar' is just the name.. goes with their naming scheme - 'solar system' and all. Nothing to do with being solar-powered I want my phone to mine BTC and to be solar powered.
But if solar-powered is what you want, here's one chap's on-going efforts: [Project] Solar Powered Bitcoin Mining RigEdit: And there used to be a Streamium stream of a solar powered rig, but either Streamium broke the link or it's all behind registration bits now or...who knows. Here's a reference link anyway: http://streamium.directory/list/89/the-worlds-first-cost-effective-solar-miner-2/
Edit 2, more info: http://www.np.reddit.com/r/Streamiumlive/comments/38gr0u/the_worlds_first_cost_effective_solar_miner_1hr/
Maybe 21 can go solar as well.
I want my phone to mine BTC and to be solar powered.
I want my phone to mine BTC and to be solar powered.
They were selling Uranus 3Th.s or whatever for a few $100 bills and no one were buying them even at that price.
You're mixing up companies - though I don't blame you.. the companies deciding to take each others' naming schemes is a bit questionable at best. Then again, HashCoins also copy/pasted KnC's terms & conditions, so what can one expect.KnCMiner: Jupiter, Neptune, 'Solar'
HashCoins: Uranus (maybe)
Bitmain & Spondoolies FTW
I wish the latter held as true today as it did before, but such are the realities of the market.We want KNC to fail.
Step 1: Get people to stop throwing money at them; https://www.google.com/webhp?#q=site:bitcointalk.org+xbt+knc&tbs=qdr:mStep 2: ... no idea, figure Step 1 out first
We want KNC to fail.
Right now, KnC is in a lot of legal turmoil... they will likely waste a lot of their budget on defense.
If not, they will go the way of Butterfly Labs...
I would be more ready to bet on KnC's closure than releasing a new chip any time soon, let alone half the process of what is readily available.
They've got a mad stance against home mining so I wouldn't put my hopes up on them releasing a home miner.
They were selling Uranus 3Th.s or whatever for a few $100 bills and no one were buying them even at that price.
KnC's a shill, a shady outfit, I wouldn't put my money on them... never did, never likely will either.
Bitmain & Spondoolies FTW
If not, they will go the way of Butterfly Labs...
I would be more ready to bet on KnC's closure than releasing a new chip any time soon, let alone half the process of what is readily available.
They've got a mad stance against home mining so I wouldn't put my hopes up on them releasing a home miner.
They were selling Uranus 3Th.s or whatever for a few $100 bills and no one were buying them even at that price.
KnC's a shill, a shady outfit, I wouldn't put my money on them... never did, never likely will either.
Bitmain & Spondoolies FTW
Rockminer!!!!! You guys should try out some of rockminer stuff. Both of their R-boxs have worked perfectly for me. The "new r-box" I have had running with no issue for over 6 months.
Right now, KnC is in a lot of legal turmoil... they will likely waste a lot of their budget on defense.
If not, they will go the way of Butterfly Labs...
I would be more ready to bet on KnC's closure than releasing a new chip any time soon, let alone half the process of what is readily available.
They've got a mad stance against home mining so I wouldn't put my hopes up on them releasing a home miner.
They were selling Uranus 3Th.s or whatever for a few $100 bills and no one were buying them even at that price.
KnC's a shill, a shady outfit, I wouldn't put my money on them... never did, never likely will either.
Bitmain & Spondoolies FTW
If not, they will go the way of Butterfly Labs...
I would be more ready to bet on KnC's closure than releasing a new chip any time soon, let alone half the process of what is readily available.
They've got a mad stance against home mining so I wouldn't put my hopes up on them releasing a home miner.
They were selling Uranus 3Th.s or whatever for a few $100 bills and no one were buying them even at that price.
KnC's a shill, a shady outfit, I wouldn't put my money on them... never did, never likely will either.
Bitmain & Spondoolies FTW
Wondering if they will do home miner with it!? Probably not
I think the idea of a home miner is almost gone.. Bitmain and rock miner are the only ones left that really make small miners for home miners.. Spoondlies are all pretty pricy.. Although I suppose still pretty logical for a small mining operation.
A shame.. we need home miners to keep it decentralized.
Wondering if they will do home miner with it!? Probably not
It will be interesting to see the stability of this 16nm 3D chip ... chips, based on this technology have failed on several experimental products in other IT areas ... would really love to see some independent review once these miners are actually supposed to be hashing (not just on photo).
Their leaked financials suggest they lost money in late 2014, despite having their mine up and running full blast. The cost of doing business is so high in Sweden, I think their mega-DC will always be under water. Similar prices for electricity but cheaper construction, taxes and labour in Canada, America, China, the Republic of Georgia etc. have them beat.
They need this chip to keep that project alive and justify to investors why they put $20 million into a data centre that the Chinese have replicated for $5 million.
They need this chip to keep that project alive and justify to investors why they put $20 million into a data centre that the Chinese have replicated for $5 million.
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
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
This all depends on how KNC decides to deploy their newly minted gear. If they replace N Megawatts of old gear with N Megawatts of new (more efficient) gear, then difficulty will rise. On the other hand if they replace X Petahash of old gear with X Petahash of new gear, then difficulty won't change, and they pay less for electricity.
It's not a requirement that they force a difficulty increase, and start a news "Arms Race" in Bitcoin mining.
Good. The more movement, the more other companies will be stirred as well. Too bad 'other companies' can be counted on 1 hand now
Prepare for diff rise...
https://twitter.com/kncminer/status/605651201141690368
https://twitter.com/kncminer/status/605651201141690368
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