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Topic: Swedish ASIC miner company kncminer.com - page 1907. (Read 3049501 times)

sr. member
Activity: 446
Merit: 250
You really are daft, aren't you. Paypal is their CC processor. I'm sure there are people here who paid with CC and can verify it works.

And I've read this entire thread and seen nothing to indicate Bitcoinorama is shilling. Your attack is nonsensical and without evidence.

 Roll Eyes

http://www.which.co.uk/consumer-rights/regulation/section-75-of-the-consumer-credit-act/#link-5

Quote
Payments through Paypal and similar services

There are some transactions where the company that deals with your credit card payment is not the same as the one that provides the goods or service - such as Paypal.

If you use your credit card to pay for something through PayPal and the funds go direct to the seller, then as long as the company you're buying from has a 'Commercial Entity Agreement' with Paypal you may still be able to claim under Section 75 for any misrepresentation or breach of contract.

PayPal offers its own buyer protection scheme, called PayPal Buyer Protection, so it's worth checking if you'd be covered by that if you have a problem with your purchase.

Go away.
vip
Activity: 756
Merit: 503
You really are daft, aren't you. Paypal is their CC processor. I'm sure there are people here who paid with CC and can verify it works.

And I've read this entire thread and seen nothing to indicate Bitcoinorama is shilling. Your attack is nonsensical and without evidence.

 Roll Eyes

http://www.which.co.uk/consumer-rights/regulation/section-75-of-the-consumer-credit-act/#link-5

Quote
Payments through Paypal and similar services

There are some transactions where the company that deals with your credit card payment is not the same as the one that provides the goods or service - such as Paypal.

If you use your credit card to pay for something through PayPal and the funds go direct to the seller, then as long as the company you're buying from has a 'Commercial Entity Agreement' with Paypal you may still be able to claim under Section 75 for any misrepresentation or breach of contract.

PayPal offers its own buyer protection scheme, called PayPal Buyer Protection, so it's worth checking if you'd be covered by that if you have a problem with your purchase.
erk
hero member
Activity: 826
Merit: 500
KNC, do you all have an ETA on when you might be able to demo some prototypes?  Would like to see some action from these on the test net, even if its not quite finalized and some tweaking is still going on.  Basically a proof of concept as reassurance you'll be able to deliver when stated .... given recent asic fiascos at other companies (pretty much all of them) this would go a long way with potential customers...

Thanks!
I am quite sure they will announce when the receive the first chips from the foundry, so they can build a prototype. I suggest having another Xanax in the meantime.
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
Good luck.  It took weeks of cajoling for them to admit to tape-out.  No die shot, let alone a demo.  But am glad they state they are on schedule...
hero member
Activity: 490
Merit: 500
KNC, do you all have an ETA on when you might be able to demo some prototypes?  Would like to see some action from these on the test net, even if its not quite finalized and some tweaking is still going on.  Basically a proof of concept as reassurance you'll be able to deliver when stated .... given recent asic fiascos at other companies (pretty much all of them) this would go a long way with potential customers...

Thanks!
member
Activity: 76
Merit: 10
But of course, BFL did something so silly where they apparently failed to do optical proximity correction, and this is, apparently, why their power drain doubled.

Are you saying this as a fact? If so please link source.

I'll bet that had Yifu laughing for days and days.

Laughing all the way to the bank with batch 1 and 2 buyer's  bitcoins who still don't have units?

Hmmm.  I was in the last 50 of Batch 2 and have not only received my unit, but if the coins it generated were converted to fiat today I've made 200% gross ROI [100% ROI if you subtract the $1,500 Avalon price tag].  Since I still live in fiat, that's mostly what I' concerned with, but just for the record I am over halfway to recouping the BTC I paid for the unit.

Also, I bought a BFL unit in December 2012.  That unit hasn't even shipped yet, has had its specs mutilated, and BFL has had the audacity to promise to deliver "in just 2 weeks" since January or February of this year.

Why do you side with BFL?  _THEY_ are the incompetent a$$hats laughing all the way to the bank...

_theJestre
erk
hero member
Activity: 826
Merit: 500
And what if when they test the chips it turns out to be well over estimates?
Well obviously the whole exercise was for naught if they pull a BFL on that score.

But of course, BFL did something so silly where they apparently failed to do optical proximity correction, and this is, apparently, why their power drain doubled.

I'll bet that had Yifu laughing for days and days.

I don't expect Orsoc to pull such a rookie move.

Surely, Golbalfoundries should have picked up on that and told BFL before production of the wafers began?
I heard it was something wrong with a metal layer. If so the next batch of BFL should be more power efficient.

It just goes to show that the unforeseen is waiting to happen. That's why I wouldn't even dream about buying a PSU before actual measurements from a working prototype were published!

I am even more conservative than that, and wont be placing an order with KNCminer before the prototype is demonstrated. I don't believe in this rush out before the diff rate increases BS, if they haven't got a long term viable ROI product, then I will wait until someone has. There are years of BTC mining ahead not just months.

  



sr. member
Activity: 252
Merit: 250
I was recently talking with someone who'd attended the Bitcoin conference 2013 and mentioned something I found interesting, and something that I've never heard or seen anyone else talk about, about achieving further efficiency improvements by moving to DC away from AC.

Apparently there are in existence now datacenters that offer straight-up DC, and if you had hardware setup to accept this--what sort of setup changes this would imply I have little idea--you could increase efficiency significantly by ditching AC-conversion losses.

I assume that such a setup would be quite attractive where one is building bespoke arrays of machines for a specific purpose, where thus power draw becomes a significant long term factor.

I think the profitability envelope may be too short for bitcoin mining machines to worry about that for now, but I could imagine someone like Asicminer going that route.
sr. member
Activity: 252
Merit: 250
But of course, BFL did something so silly where they apparently failed to do optical proximity correction, and this is, apparently, why their power drain doubled.

Are you saying this as a fact? If so please link source.
No, that's why I qualified the statement with 'apparently,' obviously. However it would explain why their power targets are off by an order of magnitude. And it's one of the more charitable explanations other than outright incompetence.

I don't expect Orsoc to pull such a rookie move.

Bitfury also missed original power goals. You saying hes a rookie too?
They're not off by an order of magnitude. It's not quite in the same ballpark therefore, is it.

A: Rookie mistake.

B: Estimate proved optimistic.

sr. member
Activity: 252
Merit: 250
i dont think the psu really matters honestly. dont waste money on anything crazy. just get a decent well priced unit and you will be fine, just wait for KNC to tell us the specs first.
A more efficient PSU should give you a longer tail--but that's also when you're earning the least, so perhaps it won't matter quite as much, much as you suggest here.
hero member
Activity: 532
Merit: 500
Also definitely go for an expensive, high-efficiency PSU. Not only will they be more reliable, and save money on heat, they'll generate much, much less heat as well.
Really, do you have a particular brand/series in mind. I was reading about certain platinum-efficiency rated PSUs lately, curious what you guys would put your eye on.

 FWIW, I'm a huge proponent of the Corsair AX1200.

Same, I have 3 of those bad boys ready to go.

FYI this is the PSU they used for Mars, which is obv not Mercury, Saturn or Jupiter, but still in case you're interested it looks like ORSoC prefer the Corsair Gold series;

http://www.corsair.com/en/power-supply-units/hx-series-power-supply-units/hx-series-hx850-power-supply-850-watt-80-plus-gold-certified-modular-psu.html

You can see it approx 30 seconds in here;

http://www.youtube.com/watch?v=BgNPIY9L8s4
sr. member
Activity: 434
Merit: 250
But of course, BFL did something so silly where they apparently failed to do optical proximity correction, and this is, apparently, why their power drain doubled.

Are you saying this as a fact? If so please link source.

I'll bet that had Yifu laughing for days and days.

Laughing all the way to the bank with batch 1 and 2 buyer's  bitcoins who still don't have units?

I don't expect Orsoc to pull such a rookie move.

Bitfury also missed original power goals. You saying hes a rookie too?
sr. member
Activity: 446
Merit: 250
Also definitely go for an expensive, high-efficiency PSU. Not only will they be more reliable, and save money on heat, they'll generate much, much less heat as well.
Really, do you have a particular brand/series in mind. I was reading about certain platinum-efficiency rated PSUs lately, curious what you guys would put your eye on.

 FWIW, I'm a huge proponent of the Corsair AX1200.

Same, I have 3 of those bad boys ready to go.
sr. member
Activity: 280
Merit: 250
Hell?
i dont think the psu really matters honestly. dont waste money on anything crazy. just get a decent well priced unit and you will be fine, just wait for KNC to tell us the specs first.
sr. member
Activity: 252
Merit: 250
And what if when they test the chips it turns out to be well over estimates?
Well obviously the whole exercise was for naught if they pull a BFL on that score.

But of course, BFL did something so silly where they apparently failed to do optical proximity correction, and this is, apparently, why their power drain doubled.

I'll bet that had Yifu laughing for days and days.

I don't expect Orsoc to pull such a rookie move.
legendary
Activity: 1652
Merit: 1067
Christian Antkow
Also definitely go for an expensive, high-efficiency PSU. Not only will they be more reliable, and save money on heat, they'll generate much, much less heat as well.
Really, do you have a particular brand/series in mind. I was reading about certain platinum-efficiency rated PSUs lately, curious what you guys would put your eye on.

 FWIW, I'm a huge proponent of the Corsair AX1200.
sr. member
Activity: 252
Merit: 250

Also definitely go for an expensive, high-efficiency PSU. Not only will they be more reliable, and save money on heat, they'll generate much, much less heat as well.
Really, do you have a particular brand/series in mind. I was reading about certain platinum-efficiency rated PSUs lately, curious what you guys would put your eye on.
erk
hero member
Activity: 826
Merit: 500
If they're accepting PayPal, then that means they're accepting credit cards. If they don't deliver in 90 days, and refuse a refund you can still do a chargeback with your credit card, even if it's past PayPal's deadline

Sorry to interrupt the fight but one thing I consider important is details on power supply required so that upon delivery we can all have one ready to go.
Time is going to be crucial especially in the first month with diff increases etc. , you don't want to lose time hashing waiting for an item like that do you?
Personally I'd like to be shopping for mine now and be sure it's the right one.

They said it would be "less then" 1,000 watts for a Jupiter, but then they said not to buy one yet because in their view a 1kW PSU would be a waste of money. That said, a 1kW PSU will definitely cover it. Additionally if people figure out how to overclock these things you might want a more powerful PSU.

Also definitely go for an expensive, high-efficiency PSU. Not only will they be more reliable, and save money on heat, they'll generate much, much less heat as well.
And what if when they test the chips it turns out to be well over estimates?
full member
Activity: 238
Merit: 100
If they're accepting PayPal, then that means they're accepting credit cards. If they don't deliver in 90 days, and refuse a refund you can still do a chargeback with your credit card, even if it's past PayPal's deadline

Sorry to interrupt the fight but one thing I consider important is details on power supply required so that upon delivery we can all have one ready to go.
Time is going to be crucial especially in the first month with diff increases etc. , you don't want to lose time hashing waiting for an item like that do you?
Personally I'd like to be shopping for mine now and be sure it's the right one.

They said it would be "less then" 1,000 watts for a Jupiter, but then they said not to buy one yet because in their view a 1kW PSU would be a waste of money. That said, a 1kW PSU will definitely cover it. Additionally if people figure out how to overclock these things you might want a more powerful PSU.

Also definitely go for an expensive, high-efficiency PSU. Not only will they be more reliable, and save money on heat, they'll generate much, much less heat as well.
legendary
Activity: 1652
Merit: 1067
Christian Antkow
Ok, I have to admit I'm starting to become genuinely curious with KNC.

I've been quietly skeptical, mostly due to a lack of solid information coming out about the project, and am hugely suspicious of any 28nm ASIC right now due to costs involved, but I have to admit that seeing the Paypal payment option as enticing, mainly for their consumer protection mechanisms.

Shipping end of September huh ? Guess I'll place my order near end of August and cross my fingers.

Good luck gentlemen. Pulling for you folks. Will be quite the technical achievement should this project come to fruition.
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