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Topic: Swedish ASIC miner company kncminer.com - page 1898. (Read 3049501 times)

hero member
Activity: 532
Merit: 500
August 02, 2013, 05:22:31 AM

...BFL who ordered their casing before refining their design got lumbered with a crapload of Jalepeno cases that didn't fit. Has Bitfury showed casing? If your not comfortable with what your investing in and the design team behind it, walk away.

definitely, they have at least pictures of all components.

https://bitcointalksearch.org/topic/ann-usnorth-american-bitfury-sales-new-stock-now-shipping-251966

EDIT: my guess is, they are nearly ready with most of the parts surrounding the chips. they are waiting for ORSoC, so they have time to make trips. after the chips will arrive (maybe end of August) there are two possibilities: everything will work as expected or like BFL it will not. IMHO it is to early to get a impression of if they are like BFL.



I had seen that, the guts are there, but no casing, which is a nothing for Bitfury investors to worry over, as long as no future casing inhibits airflow, but casing is what the previous poster was concerned about here.

Also, you do realise the CEO of ORSoC, the CTO of ORSoC, and a lead ASIC design specialist of ORSoC are on the board of directors of KnC alongside Sam and Andreas, and that KnC share the same building as ORSoC? ORSoC actually accommodate KnC, there's no trips to be made, design is not outsourced, or contracted, it's in-house, around the clock, which is a huge advantage they have over competitors paying consultants that have no equity stake for a few hours here and there...

ok, thank you for the information. I remember you visited KnC in the past. And where will the chip manufacturing happen? Also in Sweden or in a other country.

Well fab will be in People's Rep. of China obv., same as all Bitcoin ASIC vendors, either at Global Foundries, or TSMC, assembly will be Sweden.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
August 02, 2013, 05:12:33 AM

...BFL who ordered their casing before refining their design got lumbered with a crapload of Jalepeno cases that didn't fit. Has Bitfury showed casing? If your not comfortable with what your investing in and the design team behind it, walk away.

definitely, they have at least pictures of all components.

https://bitcointalksearch.org/topic/ann-usnorth-american-bitfury-sales-new-stock-now-shipping-251966

EDIT: my guess is, they are nearly ready with most of the parts surrounding the chips. they are waiting for ORSoC, so they have time to make trips. after the chips will arrive (maybe end of August) there are two possibilities: everything will work as expected or like BFL it will not. IMHO it is to early to get a impression of if they are like BFL.



I had seen that, the guts are there, but no casing, which is a nothing for Bitfury investors to worry over, as long as no future casing inhibits airflow, but casing is what the previous poster was concerned about here.

Also, you do realise the CEO of ORSoC, the CTO of ORSoC, and a lead ASIC design specialist of ORSoC are on the board of directors of KnC alongside Sam and Andreas, and that KnC share the same building as ORSoC? ORSoC actually accommodate KnC, there's no trips to be made, design is not outsourced, or contracted, it's in-house, around the clock, which is a huge advantage they have over competitors paying consultants that have no equity stake for a few hours here and there...

ok, thank you for the information. I remember you visited KnC in the past. And where will the chip manufacturing happen? Also in Sweden or in a other country.
hero member
Activity: 532
Merit: 500
August 02, 2013, 04:57:30 AM

...BFL who ordered their casing before refining their design got lumbered with a crapload of Jalepeno cases that didn't fit. Has Bitfury showed casing? If your not comfortable with what your investing in and the design team behind it, walk away.

definitely, they have at least pictures of all components.

https://bitcointalksearch.org/topic/ann-usnorth-american-bitfury-sales-new-stock-now-shipping-251966

EDIT: my guess is, they are nearly ready with most of the parts surrounding the chips. they are waiting for ORSoC, so they have time to make trips. after the chips will arrive (maybe end of August) there are two possibilities: everything will work as expected or like BFL it will not. IMHO it is to early to get a impression of if they are like BFL.



I had seen that, the guts are there, but no casing, which is a nothing for Bitfury investors to worry over, as long as no future casing inhibits airflow, but casing is what the previous poster was concerned about here.

Also, you do realise the CEO of ORSoC, the CTO of ORSoC, and a lead ASIC design specialist of ORSoC are on the board of directors of KnC alongside Sam and Andreas, and that KnC share the same building as ORSoC? ORSoC actually accommodate KnC, there's no trips to be made, design is not outsourced, or contracted, it's in-house, around the clock, which is a huge advantage they have over competitors paying consultants that have no equity stake for a few hours here and there...

They are not like BFL, they actually enjoy designing, it is not a chore, they play with this stuff all day long for fun, they are also competitive, which is why they are limiting information flow as stated. They have real competition now, this is common sense. Fair enough revealing casing won't have them loose ground, but it's just a protective cage from fingers, they said this at the open day. Originally the casing was to be like a mesh surround, but now with data centres and 19" rack format it's likely to be something generic. Rather they show nothing than a catalogue pic like KSlaughter, that's caused him grief...
full member
Activity: 129
Merit: 100
August 02, 2013, 04:47:52 AM

$800k for a 28nm full-mask set? This is an amazing offer, at which foundry will I get it that cheap? Wink
Get an itemized quote, do you think you pay the full $2MM up front?  If you do, let me know I will gladly negotiate for you next time for 10%.    that is the payment you will be making PRIOR to your mask.   There are other payments, but you seem to have an inkling of what you are talking about so you know that, don't you?
That I do not believe KnC is producing a fully designed asic should be obvious by now.

That only works if the foundry is convinced that you are worthy of credit. Normally this is not the case for start-ups and SMEs in this price category. For them it is cash in advance or no tape-out. Yes, I know what I'm talking about, it's hard to deal directly with companies like GF or TSMC if your are only a small customer.

I doubt that KnC or OrSOC is seen as a big customer for this project, because they probably will not order more than 50 wafers in the first year (which would be already about 3 PH). 1000 wafers a year would be a big customer. Why should a foundry take any risk for a bitcoin mining ASIC?
So I think they most likely have to pay the complete $1.5M to $2M in advance of the tape-out. And because they said tape-out done "some time ago", they probably paid it also some time ago.

From the commercial point of view I see no reason why KnC should not be able to produce a fully designed 28nm ASIC. They collected enough money by pre-orders to pay the complete 3rd party NREs in advance. But it should be clear, that if they are on track as they claimed, a great deal of the pre-order money isn't in their hands any more.
hero member
Activity: 728
Merit: 500
Crypto-ideologist
August 02, 2013, 04:26:18 AM

All they need is Dave from Bitfury and Asicminer and BOOM.....CARTEL !!!!



paranoid thinking, now we saw an avalon - bfl "delay'n mine "alliance  Grin

let's wait... september is coming  Cool



legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
August 02, 2013, 04:17:35 AM

...BFL who ordered their casing before refining their design got lumbered with a crapload of Jalepeno cases that didn't fit. Has Bitfury showed casing? If your not comfortable with what your investing in and the design team behind it, walk away.

definitely, they have at least pictures of all components.

https://bitcointalksearch.org/topic/ann-usnorth-american-bitfury-sales-new-stock-now-shipping-251966

EDIT: my guess is, they are nearly ready with most of the parts surrounding the chips. they are waiting for ORSoC, so they have time to make trips. after the chips will arrive (maybe end of August) there are two possibilities: everything will work as expected or like BFL it will not. IMHO it is to early to get a impression of if they are like BFL.

hero member
Activity: 532
Merit: 500
August 02, 2013, 04:02:42 AM
Seeks more pictures of a CASE or a prosepctive completed unit.  I know they have mockup rendered imgs on their store.kncminer.com website, but I'd really want to see some IRL photos...You've got literally 30 days to begin your make or break month of commitments.  If you guys can't pull through, I'm going to start giving up on BTC hardware vendors period   Undecided Undecided Undecided Cry

So you want a picture of a prospective unit that isn't even a prototype yet. Why? To quell your discomfort for another five minutes before you can think of another demand? Why don't you take the next 30 days to read up on the subject? There are no in real life photos, you should know precisely why. If you understood the topic, you'd unsterstand what your money is being used for prior to parting with it. No one is holding a gun to your head, and they've already said the case itself is an aesthetic afterthought, bar some cooling consideration. If you want to look at pretty casing, go checkout Terrahash, or x-crowd, both have pretty mock-ups and no prototype. X-crowd doesn't even have design specs. Crikey they don't even have ASIC engineers in place. They (questionable if even plural, he) only have pretty casing mock-ups and a warehouse full of women's clothing. BFL who ordered their casing before refining their design got lumbered with a crapload of Jalepeno cases that didn't fit. Has Bitfury showed casing? If your not comfortable with what your investing in and the design team behind it, walk away. If you're not sure of what your investing in and the design team behind it, read up on the subject, instead of barking nonsensical demands and highlighting them in red that mean nothing in the scheme of things and drawing attention to the fact you have refused to inform yourself about the subject matter...
legendary
Activity: 1456
Merit: 1018
HoneybadgerOfMoney.com Weed4bitcoin.com
August 02, 2013, 03:52:47 AM
Seeks more pictures of a CASE or a prosepctive completed unit.  I know they have mockup rendered imgs on their store.kncminer.com website, but I'd really want to see some IRL photos...You've got literally 30 days to begin your make or break month of commitments.  If you guys can't pull through, I'm going to start giving up on BTC hardware vendors period   Undecided Undecided Undecided Cry
hero member
Activity: 574
Merit: 500
August 02, 2013, 02:30:17 AM
Calm down people - they took a photograph together at a conference. Inaba has said again and again that he thinks KnC will miss their targets, it's not some secret conspiracy.

I gotta say

All they need is Dave from Bitfury and Asicminer and BOOM.....CARTEL !!!!

Maybe they were on speaker phone lolz

hero member
Activity: 574
Merit: 500
August 02, 2013, 02:26:53 AM
See my point?...More nonsense...Wah,,,,,,,, Wah, wah wah wah, somebody get the boy a bottle, please.

Crawl back down the hole you came out off noob !!



hero member
Activity: 826
Merit: 1001
August 02, 2013, 01:34:30 AM
Sonny
I just heard Phineas' Head Asplode
Shocked

Just passing through and... WTF!  Grin

As you were passing through of course your head exploded XD ^_^
It did, he just forgot to update his avatar Wink
full member
Activity: 238
Merit: 100
August 02, 2013, 01:31:36 AM
Calm down people - they took a photograph together at a conference. Inaba has said again and again that he thinks KnC will miss their targets, it's not some secret conspiracy.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
August 02, 2013, 01:30:18 AM
Sonny
I just heard Phineas' Head Asplode
Shocked

Just passing through and... WTF!  Grin

As you were passing through of course your head exploded XD ^_^
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
August 02, 2013, 01:19:40 AM
Sonny
I just heard Phineas' Head Asplode
Shocked

Just passing through and... WTF!  Grin
legendary
Activity: 938
Merit: 1000
LIR DEV
August 02, 2013, 01:17:15 AM
See my point?...More nonsense...Wah,,,,,,,, Wah, wah wah wah, somebody get the boy a bottle, please.
hero member
Activity: 574
Merit: 500
August 02, 2013, 12:04:12 AM
Behind, YES, very...   Are they Shipping...YES    Scam? What makes your situation a "Scam" again?, "Knowingly Misled".. Show me. I'm missing it....  Same stuff out of most though... I shopped, just like you, and I read, and read, and read...until I knew they(BFL) were simply inexperienced & behind... a "Caveman" could see it.  For at least ten seconds... I waited. So I ordered from KNC, but not before ordering a 50Gh/s unit, and cancelling a few days later... Anyone who's spent ten minutes in the BFL shout-box could see that there were problems. Everyone screams "SCAM". It's like Momma dropped the bottle while making your milk, and screaming bloody murder while she tries to clean up the mess, and re-wash the bottle, repour the milk, and deliver with a smile?  Sorry to burst your bubble, but I'm tired of it. It's nonsense. Missing deadlines & having development troubles isn't a scam. You knew the risks before you bought your little Jally, and that's not much to whine about, at least the Jally's are the ones shipping! (BFL shipping nov 14th orders as of Tues https://forums.butterflylabs.com/blogs/bfl_jody/259-tuesday-july-30-2013-shipping-update.html  )... not so far off from December from my calcs...  Looks to me like you may be getting your Jally sooner than you think (Hopeful, I know)   "Live with it." As Momma used to say




Ok.....Lets call a spade a spade and really what peopel should be yelling is Fraud

Or obtaining property or benefit by deception =FRAUD

So its easy to exchange FRAUD=SCAM as its a very short distance for either or the width of the depletion zone in a NP diode

So has at any point BFL SOnny & Josh ever lied blatantly so as to gain more money & sales with full knowledge that they could not live up to their statements...

I think this has been a non-stop rackett of EPIC proportions when it has been about misleading pple to get them to part with the hard earned cash and BTC.....

Finanly have they been mining on main Net with any off your equipment ....if the answer to any of these questions are YES

Bernie MADOFF paid out dividends for over 20 years ..there are some that actually made a lot of money of his PONZI so just because they have delivered some mining equipment does not mean that this is not going to end in tears for many ppl as did the billions lost by MADOFF

So Fraud Yes and with a voltage of about 0.6 volts for a Silicon diodes depletion zone away from SCAM

sr. member
Activity: 446
Merit: 250
August 02, 2013, 12:01:13 AM
The 3 or 4 musketeers enjoying our pre order money and having a good time. Remember what comes around goes around.

i think you got that backwards mate. lol

Exactly, what kind of fucking retard gets 'what goes around comes around' wrong.
sr. member
Activity: 280
Merit: 250
Hell?
August 01, 2013, 11:53:59 PM
The 3 or 4 musketeers enjoying our pre order money and having a good time. Remember what comes around goes around.

i think you got that backwards mate. lol
eve
full member
Activity: 210
Merit: 100
August 01, 2013, 11:48:25 PM
The 3 or 4 musketeers enjoying our pre order money and having a good time. Remember what comes around goes around.
hero member
Activity: 574
Merit: 500
August 01, 2013, 11:38:38 PM
Cannot imagine how Inaba can show his face at a Bitcoin event and not get lynched, people must not recognize him. Half the people in the place would be MF'ing him down the hallway if they knew who he was.
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