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Topic: Swedish ASIC miner company kncminer.com - page 1510. (Read 3050071 times)

legendary
Activity: 1036
Merit: 1001
/dev/null
October 01, 2013, 08:06:29 AM
So lets say they only make them for 2 weeks - 184% - what will the return on them be? ...

hey Kano, here is very strong base of blind KNC fans, really recommend you to stop this kind of discussion.)
hero member
Activity: 798
Merit: 1000
October 01, 2013, 08:04:01 AM
http://eligius.st/~wizkid057/newstats/userstats.php/17Czc8RVL3FU5T2MLx2zLbRnpfBNgH9vFo

Woo! First entire bitcoin mined on a Jupiter!

This is my 3rd and final dibs call on the first 1BTC mined on a jupiter!! (1st call here https://bitcointalksearch.org/topic/m.3273425 & 2nd call https://bitcointalksearch.org/topic/m.3274904)

My BTC address below, thanks KNC  Grin   Wink  Grin
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(I will report back if KNC play by the sacred and unbreakable rules of calling dibs on something with humourous homage to this moment of mining history Grin )
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
October 01, 2013, 08:02:59 AM
So anywhere up to 300 a day you think?

At 469GH/s ( less than a BFL Minirig Smiley ) that's 140TH a day

Current difficulty is 148,819,199.80509263 = 1065.289327 TH/s

So if they ONLY spend a week making them, difficulty will go up ... 92%

So the next 2 difficulty changes should together be over 184% ...

Lets see who doesn't stop mining in 4 weeks Cheesy

So lets say they only make them for 2 weeks - 184% - what will the return on them be? ...
hero member
Activity: 616
Merit: 500
October 01, 2013, 07:59:29 AM
So anyone can estimate the daily production of units at 22/30 stations?

10 a day per station would seem very very low and would be 300 a day. They said all October orders would be out mid Oct. and I'd easily believe that.
Our roving reporter will know better no doubt Smiley

He already said it takes less than 2 minutes to build a Jupiter, which is what a lot of us presumed to begin with--it's just plugging together modular items. Board, board, cable, cable, etc.
newbie
Activity: 56
Merit: 0
October 01, 2013, 07:57:57 AM
And what about the 5V connector.

Should I buy a 230V to 5V DC converter?


yeah there's a lot of think that has to be sorted out imho, let me summarize my own list:

- Is a 850W PSU really enough for a Jupiter? (in the 'orama video (1) I saw the power consumption at wall was 843W)
- Do we need a 5V connector?
- What is the delivery ETA for day 1? Or looking at it in another way how long does it take to do the last tweaking to the machine?

(1) http://www.youtube.com/watch?feature=player_detailpage&v=CiQRxJuoRR8#t=25


You can later buy a second psu to power units if need be. 850 w /. 85 efficiency psu = can handle a wall draw of 1k watts.
sr. member
Activity: 1176
Merit: 265
October 01, 2013, 07:45:30 AM
So anyone can estimate the daily production of units at 22/30 stations?

10 a day per station would seem very very low and would be 300 a day. They said all October orders would be out mid Oct. and I'd easily believe that.
Our roving reporter will know better no doubt Smiley
sr. member
Activity: 288
Merit: 250
October 01, 2013, 07:38:56 AM
So anyone can estimate the daily production of units at 22/30 stations?
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
October 01, 2013, 07:38:44 AM
April 08 to Sep 30 is 4 months? Right. It's 5.75 months ... anyone got their September delivery yet?

If it wasn't cgminer, I'd wonder about the hash rate being correct ...
... except ... the driver can get it wrong easily enough.
They should have displayed 2^32 * A / Elapsed after about an hour ... hopefully they do run for an hour Smiley ...
... unless they don't know how cgminer works ... oh right they only wrote a 1 or 2k line driver, they probably didn't know about the rest of the other 40k+ lines of code in there ...

I doubt they would provide official numbers on a product they're going to release which would then be heavily scrutinized against said numbers, without verifying their data so they don't end up with a foot in their mouth.

No idea, but we've seen a lot of this happen ...
I guess we'll find out when someone finally gets one and reports the numbers.
OK, so just to point out that they really don't understand what the numbers there on the screen mean ...
It's hashing at 469GH/s

Picture: (click to see bigger)


Firstly the screen says: 497.0GH/s (the number on the right is what the driver produces)

Calculation:
Start = 00:06:40
Share that just happened says: 00:28:46
Elapsed = 22:06 = 1326 seconds

Accepted + Rejected = 144587 + 260 = 144847 1diff shares

Hash rate = 2^32 * 1diff / Elapsed
= 2^32 * 144847 / 1326
= 469,165,254,844 or 469GH/s

So yeah they really should learn what the numbers mean ... ... ... ...
... and I have assumed the Rejects are valid shares and included them in the hash rate ... though that's a guess, they may not be valid?

Also note:
HW: 28517 is an awesome ... 28517 / (28517 + 144587 + 260) = 28517/173364 = 16.46% ...

Edit: lastly that WU: number there at the top of 8001.3 means 8001.3 * 2^32 / 60  = 572,755,363,758
So they are losing >100GH/s of work vs the replies they are getting back from the device ...
sr. member
Activity: 476
Merit: 250
let's have some fun
October 01, 2013, 07:38:02 AM
3 hours   705.63 Gh/s   1774352
22.5 minutes   693.91 Gh/s   218112
256 seconds   1,324.77 Gh/s   78963
128 seconds   1,456.37 Gh/s   43403

seems like a second Jupiter is online now
and first one is doing great
sr. member
Activity: 308
Merit: 251
The realist
October 01, 2013, 07:37:35 AM


AVALON seems to be releasing GEN2 (add that to hashfast, ActiveMining, Bitmine.ch, Cointerra etc...) do you think my % increase in my calculations was optimistic?


where? certainly not on their website.

Tradehill auction.
sr. member
Activity: 350
Merit: 250
Bitcoin is the future...
October 01, 2013, 07:37:11 AM


AVALON seems to be releasing GEN2 (add that to hashfast, ActiveMining, Bitmine.ch, Cointerra etc...) do you think my % increase in my calculations was optimistic?


where? certainly not on their website.

http://avalon-asics.com
legendary
Activity: 804
Merit: 1002
October 01, 2013, 07:35:49 AM


AVALON seems to be releasing GEN2 (add that to hashfast, ActiveMining, Bitmine.ch, Cointerra etc...) do you think my % increase in my calculations was optimistic?


where? certainly not on their website.
sr. member
Activity: 476
Merit: 250
October 01, 2013, 07:26:29 AM
the only way to win is to bet on all horses

If all the options produce less Bitcoins than they cost to buy and run, then the only way to win is ... not to play.
That's only if you follow the crowd.

Well the crowd here is buying ASICs, so following them does seem like a bad idea Smiley
Edit: Paying for would be a better phrase. Buying somehow implies that you actually get something.
erk
hero member
Activity: 826
Merit: 500
October 01, 2013, 07:17:37 AM
the only way to win is to bet on all horses

If all the options produce less Bitcoins than they cost to buy and run, then the only way to win is ... not to play.
That's only if you follow the crowd.
sr. member
Activity: 1176
Merit: 265
October 01, 2013, 07:16:15 AM

same here, my workstation makes definitely  more noise


I am monitoring http://www.eligius.st/~wizkid057/newstats/userstats.php/17Czc8RVL3FU5T2MLx2zLbRnpfBNgH9vFo right now.

The tweaks done, seem to boost up the hashing power quit impressively.

Can you elaborate on this?

I'm also interested in having more details about this (like anybody else fwiw).
 
Anyway the avg hash rate for the last 3hs is 683.99. if confirmed it would be impressive.


If you remember what Orama observed when he visited about the guys there and how they were really into what they were doing, they were enthusiasts and keen to see what they could make these rigs do...so it looks like his impression was spot on and now they have something to play with they are in their element. Maybe they're pushing one to destruction to see what the limit is?
sr. member
Activity: 242
Merit: 250
October 01, 2013, 07:15:50 AM
http://blogs.marketwatch.com/thetell/2013/09/30/bitcoin-exchange-tradehill-will-now-auction-bitcoin-mining-equipment/

AVALON seems to be releasing GEN2 (add that to hashfast, ActiveMining, Bitmine.ch, Cointerra etc...) do you think my % increase in my calculations was optimistic?

These are my numbers for a Jupiter assuming 550GH, no pool fees and 100% uptime. Also original investment of 66BTC PSU+VAT+Shipping (might be less for some), for the next 13 difficulty adjustments (~6 months), assuming you start hashing in 2 days.
In my Spanish excel "," equals "." and dates are in this format "day/month/year"
The % increase per difficulty adjustments I obviously pulled out of my ass, but I think they are consistent with the "several thousand" machines that KNC claim to have already sold, the 500TH friedcat announced for October and bitfurys. I think Hashrate will climb fast to around 3PH and then % increases will slow down, notice how by the beginning of next year we will be aroud 7PH which I think is very plausible.
The break even line is original investment+operating costs.

It looks tight.

legendary
Activity: 1260
Merit: 1008
October 01, 2013, 07:15:34 AM
as of now:

3 hours   696.33 Gh/s   1750977

It would be amazing if it was really a lonely jupiter to produce such amount of GH/s
hero member
Activity: 616
Merit: 500
October 01, 2013, 07:15:13 AM
But it's fun to watch them after that happens - they act kind of like a washing machine that's out of balance - they start walking your gear across the floor and making funny fwoop fwoop sounds....

Hahaha.. yeah, it was like that but far worse. More like a paint agitator, as the fan was mounted to a shelf and everything started rattling and sliding off. The best part was instictively my hand shot toward the fan to catch the screwdriver--luckily my self preservation gene kicked in, and I staved off any slicing and dicing.
sr. member
Activity: 476
Merit: 250
let's have some fun
October 01, 2013, 07:12:10 AM
as of now:

3 hours   696.33 Gh/s   1750977
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