Topic: Swedish ASIC miner company kncminer.com - page 1753. (Read 3049501 times)

Would you mind elaborating? I'm not picking a fight or questioning negatively.  I am interested to hear your views

You'll do a lot less typing if you just add bbxx to your ignore list, along with Kuroth and the other trolls....

How? Prove it. Figures. You're spreading fud. The genesis block calc has so many more functions than the default most of the newbies in this forum are concentrating on (or those currently attempting to scare people).

For the default calculations to transpire over time the network would have to continuously double in a linear fashion time and time again. Impossible. Never going to happen.

Say 3,000 units are shipped in Oct, that would require 6,000 in November, the 12,000 in December, then 24,000 come Jan, 48,000 in February, 96,000 in March, 192,000 units delivered in April, 384,000 units in may, 768,000 units in June.

Can you honestly see this as even remotely realistic?!? It's ridiculous.

Knc, and whoever else are never going to manufacture and sell that many devices. Sure you can 'scale production' to a few thousand a month, and i've chosen 3,000 as an achievable figure, but the doubling, and doubling, and doubling. There's some seriously naive people in this forum.

I actually wrote to the Genesis Block and asked them to address this. I suggested they allow us to enter achievable figures of prouction for various manufacturers, and the dates by which those products are likely to be introduced to give more realistic scenarios, which they like, as it's the most sensible way to approach this, and they agreed, they like the idea.

In the mean time there's a constant increase per month option (MM) which can be used instead of the nutty (%) that is there by default. I may even write up a tutorial as people seem reluctant to play with the calc as it's quite useful if you know how to use it properly, which apparently a significant percentage of this forum can't. It's got to the point where it's just laughable and it's being used purposely to scare away small miners, which in turn will effect the distribution of the network. It's just beyond comprehension how the majority of people in this forum think a compounded increase in network harhrate is feasible over the long term!!

Certainly in this period of transition as GPU farms dies out and ASICs are introduced there are solid doubles of network over time, but if you think KnC, or Cointerra will be able to manufacture in excess of 5,000 units a month you're a complete idiot.

yeah please stop using unicorn mining calculator
do homework and include shipping cost, psu and vat if you are in eu.

when you order knc miner now you will have it delivered when network hashrate will be tripled or more so you will never got back your btc

September is at the doorstep. Some schedule would be nice.

Knc seems profitable for quite some time.

BFL/Avalon and others, well their time is almost up.

Just don't use a mining calculator. That thing is so flawed and misleading lol.

knc miners are not profitable. deal with it.

cool down guys. it is dramatic but not desperate.


imagine one ordered and paid 10 jupiters.

with a difficulty of 100 mio this nice little mining farm would hash 20 btc per day.
with a difficulty of 1000 mio it would hash 2 btc per day.
with a difficulty of 2000 mio it would hash 1 btc per day.

that would mean that there is the equivalent of 3599 mining farms of this size around competing with ours. (3600 coins per day are available)
it needs 1800 x 10 jupiters for the difficulty to rise to 1000 mio. 18 000 jupiters cost 126 mio $. (i know there will be more efficient miners in the future, but there were also less efficient/more expensive ones in the past - so let´s just assume this levels out)

btc mining needs a "market capitalization" of 126 mio $ for the difficulty to rise towards a level, when a 70k investment makes 60 btc per month, at current gox = 7800,- $. even under those circumstances hardware break even would be possible in less then 10 months. if btc price doubles even 250 mio $ of purchased mining equippment wouldn´t kill roi forever.

i don´t see more then 100 mio $ going into mining in the near future.

if it works with 10 jupiters it will also work with just one.

LMAO LMAO LMAO

LMAO. that maybe wishful thinking. Nobody knows who the stig is..

Seriously...'the Stig'??

Let me clarify something for you: This is a free forum, I can voice my opinion anyway I like. I absolutely hate people who are too lazy to read a few (and a few more sometimes) pages back or use the search function and ask the same questions over and over again.
Honestly, it gives me eyecancer and wastes my precious time to read bullshit. So sometimes I reply in a not-so-gentlemanly fashion.

It is a simple fact that the difficulty for Bitcoin can't be predicted accurately for more than maybe 4 Months tops, and even that is a hughe gamble prediction-wise. I remember people stating we would be at 200 Million at late June/early July because BFL, Avalon and all the others were going to ship in full and with more GH than one could possibly imagine.

Also: Many people wonder who I really am! Some say I am Satoshi himself. Others whisper I am a race car driver in a certain TV-show.

But seriously, I am just a member of this forum who sells some stuff in the German subforum and has a degree in information technology and economics. So no, I have absolutely no idea what I am talking about and I am just here to troll people into thinking that all facts posted here are indeed no more than FUD. Hah! My evil plan might have succeeded without your interference!!!

That doesn't surprise me, it's no longer the golden goose it was a few months ago is it? Too much choice and too much risk and too many bad experiences added to low probability of decent returns ...all bad if you need to raise funds.
You'd need balls of steel to invest heavily at this point.

I don't think Cointerra is raising the funds they need to launch in December either.  They seem to need non-recourse pre-order payments.

All this talk about Hashfast delivering in October. lol Hashfast ain't releasing anything in October.

http://www.forexminute.com/bitcoin/now-get-the-new-bitcoin-mining-chip-from-hashfast-technologies-llc-12140


They'll be lucky to ship anything out before mid November. Best case scenario for them.

Worse case scenario. The chips take a bit longer to produce so it comes a tad late. Then they're probably looking at early December-ish.

well lets just say this we got roughly 32 days to tell. LETS hope they are good on there word.

Keep wondering, and not reading, we love that.

We wonder when? Bitfury has shipped out their 400Gh/s Miner the last week, when is KnC Miner turn? We All Wonder When? When? Are we going to get a Full Load of excuses from KnC, blame it on the Fab, the delivery, the yield, parts, the suppliers, blame everyone Except themselves.

With Hashfast indiciating they 'taped' out it makes me wonder when the ASICs for KNC will finally arrive to get this whole thing finally rolling on their end.I think this is actually healthy competition between the two companies.

I've been rocking the Fisher Space Pen™ since 5th grade!


Thank you for making that ignore click a much simpler choice and feel free to continue lowering the Gross Domestic IQ.