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Topic: Swedish ASIC miner company kncminer.com - page 1942. (Read 3049501 times)

sr. member
Activity: 252
Merit: 250

It's not about rising difficulty, it's the question of, if the difficulty were 1 billion today, would the device earn money above its electricity costs. The answer is yes, about $17.50 a day:


Even that depends drastically on your electricity costs which vary from < $.08/kw to $.22/kw. In Europe, power is even more expensive. Obviously if you have free power, then that's a different story - once the purchase costs are paid for, then you never shut it off.

free power for me (running it at my office!)
Do your lease give you a flat rate on power or something?

I wonder, after the first 6 months if we couldn't bring the devices home and set up a mining arrangement with some local business-office that has a spare room and set electricity costs... could extend the profitable life of the device another year or so.
sr. member
Activity: 252
Merit: 250

It's not about rising difficulty, it's the question of, if the difficulty were 1 billion today, would the device earn money above its electricity costs. The answer is yes, about $17.50 a day:


Even that depends drastically on your electricity costs which vary from < $.08/kw to $.22/kw. In Europe, power is even more expensive. Obviously if you have free power, then that's a different story - once the purchase costs are paid for, then you never shut it off.
It also depends drastically on the price of bitcoin Tongue

Long story short, a KNC miner has the best prospect of long-term mining profitability around, except for perhaps Bitfury whose chips are more efficient. (But for how long? Gen-2 KNC device will probably beat them on that metric).
sr. member
Activity: 407
Merit: 250
today $0,37/kwh in germany in berlin
sr. member
Activity: 280
Merit: 250
Hell?

It's not about rising difficulty, it's the question of, if the difficulty were 1 billion today, would the device earn money above its electricity costs. The answer is yes, about $17.50 a day:


Even that depends drastically on your electricity costs which vary from < $.08/kw to $.22/kw. In Europe, power is even more expensive. Obviously if you have free power, then that's a different story - once the purchase costs are paid for, then you never shut it off.

free power for me (running it at my office!)
legendary
Activity: 1442
Merit: 1001

It's not about rising difficulty, it's the question of, if the difficulty were 1 billion today, would the device earn money above its electricity costs. The answer is yes, about $17.50 a day:


Even that depends drastically on your electricity costs which vary from < $.08/kw to $.22/kw. In Europe, power is even more expensive. Obviously if you have free power, then that's a different story - once the purchase costs are paid for, then you never shut it off.
sr. member
Activity: 280
Merit: 250
Hell?
Secondly, the 60M difficulties.
This device, as specced, would still be profitable if the difficulty were 1 billion.

you are correct sir!

http://www.alloscomp.com/bitcoin/calculator

142.50 a month at 1 billion difficulty. not bloody bad.

That doesn't appear to take into account future rising difficulty, purchase or electricity costs. Try a little bit more accurate calculator:

http://mining.thegenesisblock.com/
It's not about rising difficulty, it's the question of, if the difficulty were 1 billion today, would the device earn money above its electricity costs. The answer is yes, about $17.50 a day:





good call. sorry i based mine on my mercury 100ghs.
full member
Activity: 206
Merit: 100
Wondering if this news release will cause an influx of new orders/upgrades or not. Or it doesn't say much yet. Thoughts? Anyone pushing the upgrade button?

I haven't pushed it yet, but I'd say it's likely that my 2 Saturns will become Jupiters.

same here Smiley
sr. member
Activity: 252
Merit: 250
Secondly, the 60M difficulties.
This device, as specced, would still be profitable if the difficulty were 1 billion.

you are correct sir!

http://www.alloscomp.com/bitcoin/calculator

142.50 a month at 1 billion difficulty. not bloody bad.

That doesn't appear to take into account future rising difficulty, purchase or electricity costs. Try a little bit more accurate calculator:

http://mining.thegenesisblock.com/
It's not about rising difficulty, it's the question of, if the difficulty were 1 billion today, would the device earn money above its electricity costs. The answer is yes, about $17.50 a day:



sr. member
Activity: 280
Merit: 250
Hell?
its the exact same, i just skipped ahead to 1 billion. its like a 3 dollar a month difference. try it out.
sr. member
Activity: 252
Merit: 250
can any EE's chime in on the technical details of what we are looking at?





Yeah, I'm curious too what that picture there is showing? Probably transistor layout of the hashing engines, but it sure looks funky at that detail size. Almost random-like.
full member
Activity: 196
Merit: 100
Yeah - well, good luck with that.  They stopped answering refund requests - all orders now final.

That's ok, I'm sure I'll make out better selling it to someone else who wants it. not worried about the refund anymore.
legendary
Activity: 1442
Merit: 1001
Secondly, the 60M difficulties.
This device, as specced, would still be profitable if the difficulty were 1 billion.

you are correct sir!

http://www.alloscomp.com/bitcoin/calculator

142.50 a month at 1 billion difficulty. not bloody bad.

That doesn't appear to take into account future rising difficulty, purchase or electricity costs. Try a little bit more accurate calculator:

http://mining.thegenesisblock.com/
sr. member
Activity: 280
Merit: 250
Hell?
Secondly, the 60M difficulties.
This device, as specced, would still be profitable if the difficulty were 1 billion.

you are correct sir!

http://www.alloscomp.com/bitcoin/calculator

142.50 a month at 1 billion difficulty. not bloody bad.
sr. member
Activity: 252
Merit: 250

Again, an excellent response to customers. Lets just leave these guys alone for a while and let them work.

(And continue to hope they are sandbagging on the delivery date)   Grin

In the kncminer Office : "Hey Boss , the customers want more technical data. - Well , give them some uninteresting stuff. How about some information about heatsinks and quadcores. Everybody loves quadcores. "

Exactly!  Thanks KNC, I think. 

Right now, I have nothing to ask them-- just waiting for first week in Aug for a status update and then upgrading one of my units.
Pretty sure upgrades showed up in the store a day or so ago. You should be able to buy them now. It's just that the ability to upgrade ends in late august.
sr. member
Activity: 252
Merit: 250
Secondly, the 60M difficulties.
This device, as specced, would still be profitable if the difficulty were 1 billion.
legendary
Activity: 938
Merit: 1000
LIR DEV
My point being: 90 mm2 was probably a misunderstanding or a spontaneous urban myth in the first place.

In this video

https://www.youtube.com/watch?v=by-je8XRCdY

Marcus was claiming a 90x90 package size or bigger. I don't know what in the world he was thinking.
Thanks for the reference.  I wasn't accusing you of making that up.  I'd heard references to absurd dimensions before, which had spawned long, if occasionally interesting, pissing contents, I just didn't recall that one.

Again, I'm glad they're putting out some stuff on paper, to avoid such things (Marcus could have been answering in a pcb-level context for the word 'package': who knows).  This way, there's less we have to try to filter though an external smell-tester/sanity checker.
Misunderstanding is right.... that was the inbedded linux device, not the mining chips, and was an example of how die & package works, Marcus NEVER said the asic package would be 90mm.  LOOK AT THE PACKAGE DIMENSIONS THEY JUST SHOWED YOU    

THEY ARE 55 x 55mm, just like they said in the openday report.
How can someone look right at the spec, and still think 90mm???
legendary
Activity: 1442
Merit: 1001
anyone else notice they changed the sizes?

check out the miners page.  500x400x200
pretty much figured that this would be the case. the other measurements were a little too small ^^

Yup. Looks like they are going with standard 19" rack dimensions. Presuming these are rough measurements, it looks like it's a 4U device, with a half depth  unit.
legendary
Activity: 1442
Merit: 1001
Wondering if this news release will cause an influx of new orders/upgrades or not. Or it doesn't say much yet. Thoughts? Anyone pushing the upgrade button?

I haven't pushed it yet, but I'd say it's likely that my 2 Saturns will become Jupiters.
hero member
Activity: 574
Merit: 501
Yeah - well, good luck with that.  They stopped answering refund requests - all orders now final.
full member
Activity: 196
Merit: 100
Wondering if this news release will cause an influx of new orders/upgrades or not. Or it doesn't say much yet. Thoughts? Anyone pushing the upgrade button?

I will be as soon as I dump my TerraHash Pre-orders. - much better investment tradeoff for a additional 30 days wait
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