Topic: Swedish ASIC miner company kncminer.com - page 1596. (Read 3050071 times)

Day 1 Order here and looking at the genesis block it is a bit depressing. No ROI at all.

Well said.

 

However....An increased raise in bitcoin price....significant....not very promising.

And I am a seriously FIRM believer in bitcoin....

But with the NSA scandal, and all things considered, nobody can really trust in something they cannot hold...

NO MATTER WHAT!

Anyone who believes in the digital infinite capabilities, is foolish and naive. And believes in something that always be broken or unproven, with sophistication.
That's just the REAL world, folks. It's PHYSICAL, not virtual. Get a grip, get back to reality, and WAKE THE FUCK UP!!!

And that's coming from a serious long time activist, with 15 years + in the freedom movement.

WAKE THE FUCK UP, ALREADY!!!!   

error 404 your waiting on?

404 now, but hope, soon KNC will post something here..

But, I'm waiting for this,

 https://www.kncminer.com/news/news-37

error 404 your waiting on?

which leads you to believe everyone except KnC is lying through their teeth about their specs, and which leads me to question if KnC are doing a full custom design.
btw, VMC is doing a structured ASIC and their efficiency projections are better than KnCs. OF course they may also be overly optimistic, but still.

Besides, you havent explained the die size.


How exactly would you tell? And how do you explain the picture of the PCB with a cyclone FPGA that was used to test the board? What are the odds a full custom asic would end up with the exact same compatible pinout as a cyclone/hardcopy?

KnC have created a standard cell ASIC.

They aren't significantly worse GH/J than any other competing 28nm company, which has been my entire point the whole time.

The competing 28nm companies are using the same process, at the same node. Just KnC were first and have been honest, and realistic with their expectations, letting the evidence talk for itself when they have something to show.

The other competitors were months late and had to embellish upon marketing to tie up funds and promise figures based on best case simulations, just some have taken it a step further and been very dishonest.

28nm standard cell, is a 28nm standard cell, either you realise this now, or time will demonstrate this fact.

Sure KnC have probably employed margins that may have erred on the side of caution as they saw speed and mitigating risk as the main priority, but we are talking a minor percentage performance difference between competitors from the final result, not major as has been claimed.

That doesn't occur until the next major step down in geometry from 28nm.

without the chips there is nothing to show, the pictures are fake borards without chips

I don't want to be pessimistic, but here are some facts:

https://www.kncminer.com/news/news-36
We will update this news site as often as we can with news. - Nothing new last 9 days?
We will even have some videos this week from our Swedish assembly factory - I saw 10 sec long video with PCB without chip this week. Where are "videos from assembly factory" from last week?
The first chips off of the production line we will run at full speed in our launch video - We are 3 working days (5 days) from deadline. Where is launch video of working unit?

https://www.kncminer.com/news/news-34
Firstly, our orders for September delivery are now closed - I think, that there is a difference between shipping date and delivery date. Yes, KNC promise delivery of unit until September. - they have to process 1st day of shipping until Saturday and 2nd day of shipping until Sunday.

https://www.kncminer.com/news/news-32
Finally we wish to confirm that yes we are still on track for our delivery towards the end of September. - delivery not shipping (again)

@fanclub: there are just facts, you don't need to advocate KNC now.

1. They never pulled the plug on the Litecoin miner. They had never promised any kind of Litecoin miner back then. It was me hassling them non stop to make Mars into one, that's how I struck up a rapport with Sam in the first place, it's in this thread. His response always was the entire point in Mars was to prove of concept of the ASIC code working. He took aboard my comments, and even started a poll on the KnC site, when the volume of people voted 'yes' we want a Litecoin miner KnC only then promised to revisit the idea after the ASIC. They weren't going to develop multiple products simultaneously as that would heap ordinate one or the other project. Now they are working on an FPGA miner.

I would imagine all the ASIC vendors not to give out their sales figures to the world unless they were a public company under legislation to report such things. It would help their competition do a SWOT analysis.

Is there any reason why KNC would keep the volume of pre-sales secret? I mean, I'm not interested in their profit, but I'm interested in the projected hashing power they will bring to the network.

1. They never pulled the plug on the Litecoin miner. They had never promised any kind of Litecoin miner back then. It was me hassling them non stop to make Mars into one, that's how I struck up a rapport with Sam in the first place, it's in this thread. His response always was the entire point in Mars was to prove of concept of the ASIC code working. He took aboard my comments, and even started a poll on the KnC site, when the volume of people voted 'yes' we want a Litecoin miner KnC only them promised to revisit the idea after the ASIC. They weren't going to develop multiple products simultaneously as that would heap ordinate one or the other project. Now they are working on an FPGA miner.

2. I have to laugh at all this ROI crap, and the nonsense written above my response. How was this ever going to be any different from GPU mining? What you seriously, seriously thought you'd be banking thousands of this? For starters it's a machine that spits out Bitcoins, as graphics cards did when you applied the Bitxoin protocol to them. Secondly, don't blame the manufacturers, blame yourselves, whilst profit margins exist customers pile in, as you all want money printing machines. How many of you had a GPU farm in the first place?? Most came from the media explosion after Cyprus hunting a gold rush.  Well like the GPU mining days the real profit will eventually come from a rise in BTC price over time of you believe Bitcoin will continue to grow in strength an adoption. Want some big money? Innovate Bitcoin products and services, making it more approachable to the general public. Convince more people like yourselves to get involved. Stop expecting a free lunch: