Topic: Swedish ASIC miner company kncminer.com - page 1945. (Read 3049501 times)

Quote from: erk on July 18, 2013, 04:56:10 PM

Or even maybe three month cycles with other pow between the six month sha256 cycles?

What does this mean?

Just hoping that they would come out with their scrypt miner before march.

Why bother, there is hardly any money in scrypt. LTC is the best and it's got about 5% of the market cap that BTC has.

I think there would be huge money to be made with a KNC scrypt miner. If they were to take preorders after current orders started arriving... Well I think it would be huge.
The ASIC market seems like it is about to be so saturated.

The cost of an ASIC scrypt mining chip would be several times more than the cost of a SHA256 chip, that's why scrypt is used in the first place, so the coin you would have to mine would need to be several hundred percent more profitable than BTC to get the same ROI. Good luck! Keep dreaming.

why so expensive? the memory?

Scrypt chips are bigger, so you get way less per wafer.

thomashrev89

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Quote from: jmaccoin on July 18, 2013, 04:47:30 PM

Quote from: jmaccoin on July 18, 2013, 04:47:30 PM

Or even maybe three month cycles with other pow between the six month sha256 cycles?

What does this mean?

Just hoping that they would come out with their scrypt miner before march.

Why bother, there is hardly any money in scrypt. LTC is the best and it's got about 5% of the market cap that BTC has.

I think there would be huge money to be made with a KNC scrypt miner. If they were to take preorders after current orders started arriving... Well I think it would be huge.
The ASIC market seems like it is about to be so saturated.

The cost of an ASIC scrypt mining chip would be several times more than the cost of a SHA256 chip, that's why scrypt is used in the first place, so the coin you would have to mine would need to be several hundred percent more profitable than BTC to get the same ROI. Good luck! Keep dreaming.

why so expensive? the memory?

erk

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Activity: 826

Merit: 500

Or even maybe three month cycles with other pow between the six month sha256 cycles?

What does this mean?

Just hoping that they would come out with their scrypt miner before march.

Why bother, there is hardly any money in scrypt. LTC is the best and it's got about 5% of the market cap that BTC has.

I think there would be huge money to be made with a KNC scrypt miner. If they were to take preorders after current orders started arriving... Well I think it would be huge.
The ASIC market seems like it is about to be so saturated.

The cost of an ASIC scrypt mining chip would be several times more than the cost of a SHA256 chip, that's why scrypt is used in the first place, so the coin you would have to mine would need to be several hundred percent more profitable than BTC to get the same ROI. Good luck! Keep dreaming.

SirWizz

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I am not very familiar with Litecoin/scrypt but wouldn't there be a daily reward limit as well? Also, if KNC makes a Litecoin miner everyone will buy it (especially if they deliver on their SHA256 ASIC) so I wouldn't be so sure about the "huge" payout. You might make a decent ROI though if the others are slow to move in...

Mota

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I would definitely get one too.

jmaccoin

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Quote from: SiegeBreaker on July 18, 2013, 04:19:40 PM

Or even maybe three month cycles with other pow between the six month sha256 cycles?

What does this mean?

Just hoping that they would come out with their scrypt miner before march.

Why bother, there is hardly any money in scrypt. LTC is the best and it's got about 5% of the market cap that BTC has.

I think there would be huge money to be made with a KNC scrypt miner. If they were to take preorders after current orders started arriving... Well I think it would be huge.
The ASIC market seems like it is about to be so saturated.

AFox

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Didn't they say they were going to update the remaining orders with days or weeks?

You'll have to wait the end of August for a estimated shipping week.

erk

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Activity: 826

Merit: 500