Topic: Swedish ASIC miner company kncminer.com - page 1892. (Read 3049501 times)

RPi is about $40

Bitfury are expensive, same price roughly as BFL.

Bitfury will be nailing the coffin shut of both BFL and Avalon, unless Avalon gets their shit together and batches of chips start arriving this coming week.  Actually, BFL is already pretty much dead and gone already, and Avalon is really close to finishing up digging their own grave.

I have lots invested in KNC, so here's hoping the technical release they are saying will be out next week is a good one and puts all this FUD to bed.

Bitfury are expensive, same price roughly as BFL. You will be hard pressed to make a decent ROI so late into the game at that price.

Ha. Fun, and a little nerve-wracking. Hopefully these Swedes are on the up-and-up and know what they are doing.

Having a dog in the fight makes it that much more fun to watch.

Bitfury will be nailing the coffin shut of both BFL and Avalon, unless Avalon gets their shit together and batches of chips start arriving this coming week.  Actually, BFL is already pretty much dead and gone already, and Avalon is really close to finishing up digging their own grave.

I have lots invested in KNC, so here's hoping the technical release they are saying will be out next week is a good one and puts all this FUD to bed.

Where did you see that?

After 20 years in IT shit happens and I just think they have a small window for problems ~ 2-3 weeks at best ...so in a way my bet of NO should be getting 2:1 odds as if they are what they have made out to be then there is a good chance they can deliver as long as there are no major external factors

popcorn ready

Bitfury will be nailing the coffin shut of both BFL and Avalon, unless Avalon gets their shit together and batches of chips start arriving this coming week.  Actually, BFL is already pretty much dead and gone already, and Avalon is really close to finishing up digging their own grave.

I have lots invested in KNC, so here's hoping the technical release they are saying will be out next week is a good one and puts all this FUD to bed.

The reason they came in and posted that they had taped out was that a bunch of people in the thread were demanding to know why they had never announced that they'd taped-out, the way other ASIC companies had. As if the fact they hadn't publicly announced their tape-out meant that they hadn't done so.

So the reason they mentioned they'd taped out when they did is because that's when people started demanding answers about it.

They then stated at the end of July that the ASIC tape-out had been done a while ago. Since it wasn't specifically stated at the end of

June, I will assume that tape-out hadn't been done yet. I will also assume that in their July statement, 'a while ago' is two weeks, since

in the Bitcoin world, 2 weeks is a while ago.

Wafers are manufactured in lots (e.g. 25 wafer each). A Foundry normally gives you a committed cycle time for the concrete 28nm fab for a wafer lot. That time strongly depends on what priority your run got and which tech options you choose (e.g. how many metal layers). If they were lucky and got a so called "rocket" run it could be as fast as 30 to 45 days. Standard runs take between 60 to 90 days.

After that the wafers must be bumped (prepared for flip-chip packaging, probably at another facility), diced in dies and packaged in the flip-chip package. Don't know how long this takes exactly, but it could be easily "2 more weeks".

Read back on when they made the deal with OrSoc.  it was AFTER their "poll".

   So, if the "expert design firm" signed on a couple of months ago, do you still stick by your point of months and months of "advanced, behind the scenes, planning"?

Thanks for your reply. I honestly can’t blame you at all and I think you are quite right. To make people feel better I will try to do my best to answer as many questions as possible.
First I will start by listing our negative points and then the points that I believe will help people
1.   We have only just opened
2.   We have no previous history
3.   We are taking your money in Advance
So to answer these issues I would like to say the following and please feel free to quote me.

1.   Yes we have just sprang up, everyone has to start somewhere, We have been personally mining for a few months and we want to be part of the ASIC wave which I think we can all say is coming in the next few months Avalon have already started and I don’t need to talk about BFL. 
2.   The hardware development companies we are using (names will become public shortly) have many years of ASIC and FPGA development behind them and we are confident that with their expertise we can produce and deliver when they become public so will there work and you can purchase there designs and see all the publicly available information on them
3.   Let me be very clear on this one our web shop is not taking payments for ANY products today at all. We will only open up for payments when we have some more significant specs to provide. We have opened up for registration only and so that when we do launch a product we will hopefully have a bit of history so point 1 will become less of an issue.

Things that will happen this week
We are going through Thawte to get a EV certificate so our website will be https to give you extra confidence. We will be constantly posting on our news pages of the progress we make in the next few weeks,
We are holding daily meetings with the partners and getting reports on progress on the development, we are faces with some challenges and some decisions that will be made,

We will use the voting section on our site to allow as getting feedback on things like power consumptions requirements and device size. Time is at the essence and we will take feedback and suggestions from anyone in this early stage to actually drive the development with real user requirements

ONLY then when we have enough stats and some hard figures will we launch the ability to enter the order queue, so before that day comes I would like to ask all the Secptics out there, to please comment here and reply. The more you ask questions the more I will try to produce something that will enable you to trust us. I understand that this need will disappear after we actually ship and everyone feel free to actually wait to place the order. But the more people that register the more our hardware partners will through resources at it and the faster we can get something that you can actually order and mine with

As for names behind the company I can give you two names today

Mine is Sam Cole and my college is Andreas Kennemar the company we hold together is called Kennemar & Cole Hense the KNC in the name of KNCminer our other business is an IT consultancy in Sweden we have a site called www.hitta.se you will find  us both on there,

There has never been a mention of August production to my knowledge.

No, three months ago you found out about their plan when they went public. We don't in fact know how long this has been in planning behind the scenes, but probably at least since January, and even more likely into 2012. By the time we heard about it, things were already at a very advanced stage we must assume, for they already by then had a deal with Orsoc, which we heard about almost immediately after, and such deals take time to organize, communicate and get done, and they also had in place their design which was nearly ready to tape out, and they'd already planned their Mars miner which they executed in less than 6 weeks into a running miner, which is fairly impressive.

I have to balk at your assertion that 3 months ago KNC was a twinkle in someone's eye. This company has done an unknown amount of planning and work prior to their public debut, and we probably won't hear the retrospective on that until after they ship the first gen and have breathing room to do interviews and throw parties and the like.

So... If I understand things correctly, the "pre-order registration" shipments are supposed to go out in September. I came into the game a little later and initiated a purchase via PayPal eCheck on 6/23; those are supposed to clear in 3-5 business days. Then on 6/26, KnC sent out a newsletter apologizing for any confusion on the pre-order process, and offered an additional 7-day window on pre-order payment. They've been very clear all along however, that orders will ship in the order of payment received. They've also been clear that they are not shipping "batches", but rather shipping continuously. I've not been assigned a "ship day" as of yet. So my question is, is it possible that my miner will ship in September then b/c of the payment-received order queueing?