Swedish ASIC miner company kncminer.com - page 2002.

keyzersoze

sr. member

Activity: 476

Merit: 266

Quote from: WillMilk4Coin on June 26, 2013, 11:26:34 AM

Quote from: nightengale on June 26, 2013, 10:29:21 AM

Quote from: Bitcoinorama on June 26, 2013, 09:40:48 AM

Quote from: nightengale on June 26, 2013, 09:39:39 AM

Noticed the 30% increase from applying the ORSoC algorithms has been removed from the product information -- was the increase announced today the result of these?

No it was the result of the fact Jupiter is 250gh/a standard as they originally stated.

Great news today, but if you're correct, I'm wondering why they removed the algorithm reference from the product info... (assuming it was intentionally removed)

Bitcoinorama's version of it is that it's KnC making a correction on a mistake or because a "few people" he assumes weren't here from the start - as if that somehow changes KnC's accountable claims. I'd disagree with him in that regard and I'd wager this update is indeed a part of the 30% improvement they were claiming earlier.

Quote from: Bitcoinorama on June 26, 2013, 10:43:41 AM

Because a few people who weren't here from the start started complaining that if they don't get 30% on 350gh/s they would kick up a stink.
"....."

..sorry, but LOL. So THAT's why they removed it? Roll Eyes

I don't remember seeing anyone say they would kick up a stink if it wasn't a 30% improvement, btw. The explanation you had provided in the "Magic Algo" thread wasn't anything but a backlog of irrelevant history and entirely lacking in actual definitive evidence. Too many assumptions, Bitcoinorama. Too many.

Quote

I know it still appears like the 30% isn't added, but it is.

..this statement I did very much enjoy, though.

Ok, enough from me about this. I'm done with it.

Same here, i was happy with175/350. Was hoping for an additional increase and here we have it.
15% is more than 0%, and just 15% away from 30%. With a little luck, we migh just get to 30% by september.

WillMilk4Coin

member

Activity: 83

Merit: 10

Quote from: nightengale on June 26, 2013, 10:29:21 AM

Quote from: Bitcoinorama on June 26, 2013, 09:40:48 AM

Quote from: nightengale on June 26, 2013, 09:39:39 AM

Noticed the 30% increase from applying the ORSoC algorithms has been removed from the product information -- was the increase announced today the result of these?

No it was the result of the fact Jupiter is 250gh/a standard as they originally stated.

Great news today, but if you're correct, I'm wondering why they removed the algorithm reference from the product info... (assuming it was intentionally removed)

Bitcoinorama's version of it is that it's KnC making a correction on a mistake or because a "few people" he assumes weren't here from the start - as if that somehow changes KnC's accountability to claims. I'd disagree with him in that regard and I'd wager this update is indeed a part of the 30% improvement they were claiming earlier.

Quote from: Bitcoinorama on June 26, 2013, 10:43:41 AM

Because a few people who weren't here from the start started complaining that if they don't get 30% on 350gh/s they would kick up a stink.
"....."

..sorry, but LOL. So THAT's why they removed it? Roll Eyes

I don't remember seeing anyone say they would kick up a stink if it wasn't a 30% improvement, btw. The explanation you had provided in the "Magic Algo" thread wasn't anything but a backlog of irrelevant history and entirely lacking in actual definitive evidence. Too many assumptions, Bitcoinorama. Too many.

Quote

I know it still appears like the 30% isn't added, but it is.

..this statement I did very much enjoy, though.

Ok, enough from me about this. I'm done with it.

nightengale

hero member

Activity: 574

Merit: 500

Quote from: canth on June 26, 2013, 11:09:47 AM

If KnC were BFL, pre-orders would only be entitled to 350 Gh/s while new orders would get an increased price and 400 Gh/s.

+1 Now that is true.

canth

legendary

Activity: 1442

Merit: 1001

Quote from: binaryFate on June 26, 2013, 11:07:10 AM

Quote from: merv77 on June 26, 2013, 11:01:35 AM

Now I'm little confused, but not worried..

isn't it 175GH/s + 30% = 225GH/s and 350GH/s + 30% = 455GH/s
and isn't the Saturn is rated at 200GH/s and the Jupiter is rated at 400GH/s now?

or have I missed something Huh

Command man, the answer is JUST two post above yours. You can do it.

If KnC were BFL, pre-orders would only be entitled to 350 Gh/s while new orders would get an increased price and 400 Gh/s.

binaryFate

legendary

Activity: 1512

Merit: 1012

Still wild and free

Quote from: merv77 on June 26, 2013, 11:01:35 AM

Now I'm little confused, but not worried..

isn't it 175GH/s + 30% = 225GH/s and 350GH/s + 30% = 455GH/s
and isn't the Saturn is rated at 200GH/s and the Jupiter is rated at 400GH/s now?

or have I missed something Huh

Command man, the answer is JUST two post above yours. You can do it.

merv77

hero member

Activity: 574

Merit: 500

1.21 GIGA WATTS

Now I'm little confused, but not worried..

isn't it 175GH/s + 30% = 225GH/s and 350GH/s + 30% = 455GH/s
and isn't the Saturn is rated at 200GH/s and the Jupiter is rated at 400GH/s now?

or have I missed something Huh

kendog77

hero member

Activity: 742

Merit: 500

Quote from: Bitcoinorama on June 26, 2013, 10:11:39 AM

Quote from: kendog77 on June 26, 2013, 09:54:12 AM

Wow, I am getting more and more interested in KncMiner. They seem to be saying and doing all the right things.

If they can delivery on their claims in September, and do a decent job of keeping up with demand, they will be the new gold standard in Bitcoin mining hardware.

In their defence, they at the open day, actually said, "they intend to set the gold standard...", with respect to Bitcoin hardware, fed up seeing a lack of professionalism this far. So let's see...

They want to be in this for the long haul and this means behaving in the best interest for Bitcoin and those that support and use it.

I am rooting for them and really hope they can pull it off. Delivering 28 nm ASIC chips in September that hash at 100 GH/s per chip and use less than 250 watts sounds too good to be true and is light years ahead of their competition.

Bitcoinorama

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Activity: 532

Merit: 500

Quote from: nightengale on June 26, 2013, 10:29:21 AM

Quote from: Bitcoinorama on June 26, 2013, 09:40:48 AM

Quote from: nightengale on June 26, 2013, 09:39:39 AM

Noticed the 30% increase from applying the ORSoC algorithms has been removed from the product information -- was the increase announced today the result of these?

No it was the result of the fact Jupiter is 250gh/a standard as they originally stated.

Great news today, but if you're correct, I'm wondering why they removed the algorithm reference from the product info... (assuming it was intentionally removed)

Because a few people who weren't here from the start started complaining that if they don't get 30% on 350gh/s they would kick up a stink.

250gh/s + 30% = 325gh/s

400gh/s = 60% on top of 250gh/s

Still some won't have followed the story unfold and will undoubtedly be upset and claim that's not enough. Go figure...

I'm impressed.

nightengale

hero member

Activity: 574

Merit: 500

Quote from: Bitcoinorama on June 26, 2013, 09:40:48 AM

Quote from: nightengale on June 26, 2013, 09:39:39 AM

Noticed the 30% increase from applying the ORSoC algorithms has been removed from the product information -- was the increase announced today the result of these?

No it was the result of the fact Jupiter is 250gh/a standard as they originally stated.

Great news today, but if you're correct, I'm wondering why they removed the algorithm reference from the product info... (assuming it was intentionally removed)

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: kendog77 on June 26, 2013, 09:54:12 AM

Wow, I am getting more and more interested in KncMiner. They seem to be saying and doing all the right things.

If they can delivery on their claims in September, and do a decent job of keeping up with demand, they will be the new gold standard in Bitcoin mining hardware.

In their defence, they at the open day, actually said, "they intend to set the gold standard...", with respect to Bitcoin hardware, fed up seeing a lack of professionalism this far. So let's see...

They want to be in this for the long haul and this means behaving in the best interest for Bitcoin and those that support and use it.

markm

legendary

Activity: 2940

Merit: 1090

Maybe they will even end up with two new products once they see the actual chips: one-chip Saturns and two-chip Jupiters, made from chips that had very low bad-engine rates!

(Total wild optimism speculation that of course just to stir the pot, but think about it, just how many bad engines per chip are they allowing for?)

On the other hand maybe the die is so massively huge that the number of bad engines per die will tend to average out to much the same for the majority of the dies...

-MarkM-

kendog77

hero member

Activity: 742

Merit: 500

Wow, I am getting more and more interested in KncMiner. They seem to be saying and doing all the right things.

If they can delivery on their claims in September, and do a decent job of keeping up with demand, they will be the new gold standard in Bitcoin mining hardware.

markm

legendary

Activity: 2940

Merit: 1090

I expect they have lots of wiggle room. Lots. They upgraded the expected hashes per chip already but it seems likely even the current figures are based on worst case yields, for example.

Basically I suspect they are still underpromising and still have plenty - lots - of room still to overdeliver, maybe by surprising amounts.

-MarkM-

merv77

hero member

Activity: 574

Merit: 500

1.21 GIGA WATTS

EDIT. I was writing this post when another 10 or more posts came from nowhere. Well still relevant post.. Undecided

Quote from: Rampion on June 26, 2013, 08:56:45 AM

Because in this business one month is an eternity, I guess you know it.

you are very right with statement above, and even thou I'm optimistic also (and I'm a newbie), I can calculate and use online calculators to know September would be the sweet spot where ROI is still possible. That's with difficulty rise of 1.3% a day as used by http://www.coinish.com/calc/# in expert mode.
and also I'm pretty sure that the designers/manufacturers would roughly guesstimate when their machines will or will not return ROI.

So my thoughts of the guys running KnC is that they are fully aware and probably aren't gonna have a good night sleep till they make their customers happy. I feel these guy's like to have a great relationship with their customers, unlike many other companies I've been reading on this forum.

I've also learn't reading on these forums, is that most of these investments in 'mining share' and 'mining hardware' are risky and longer you wait for certainties the more of a chance you will miss the boat.

any way... Thanks for the great news KnC, Cheers Wink

Bitcoinorama

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Activity: 532

Merit: 500

Quote from: nightengale on June 26, 2013, 09:39:39 AM

Noticed the 30% increase from applying the ORSoC algorithms has been removed from the product information -- was the increase announced today the result of these?

No it was the result of the fact Jupiter is 250gh/a standard as they originally stated.

nightengale

hero member

Activity: 574

Merit: 500

Noticed the 30% increase from applying the ORSoC algorithms has been removed from the product information -- was the increase announced today the result of these?

markm

legendary

Activity: 2940

Merit: 1090

Thanks. I kind of suspected they weren't going to be building Saturns out of two marginal-cost-$2.00-chips and Jupiters from four such chips so thought I should bring that up.

(Though even so, once prices go marginal, difficulty seems likely to be skyrocketing maybe way beyond people's previous worst nightmares!

)

-MarkM-

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: markm on June 26, 2013, 09:32:46 AM

Just because various posts around these forums claim from time to time that actual marginal cost per chip of ASIC chips tends to be in the $0.50 to $2.00 per chip range...

...Are such claims thinking of much smaller-area chips than these? Or could large chips like these be where the extreme high end - the $2.00 per chip - comes in?

Or maybe would a better guestimate include an area to begin with, like "marginal cost for ASIC chips tends to be in the range of $0.50 to $2.00 per 25 square millimeters" or somesuch?

-MarkM-

No that quote is mine and it's from the book ASIC Basics. It's a figure from 2005 and will apply to Avalon and ASICminers chips, not custom 28nm...that's expensive, and Sam told me ff on the open day about that. Wink

In effect KnC are putting multiple engines in one massive die, and hoping a higher proportion work!

markm

legendary

Activity: 2940

Merit: 1090

Just because various posts around these forums claim from time to time that actual marginal cost per chip of ASIC chips tends to be in the $0.50 to $2.00 per chip range...

...Are such claims thinking of much smaller-area chips than these? Or could large chips like these be where the extreme high end - the $2.00 per chip - comes in?

Or maybe would a better guestimate include an area to begin with, like "marginal cost for ASIC chips tends to be in the range of $0.50 to $2.00 per 25 square millimeters" or somesuch?

-MarkM-

Rampion

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Quote from: kncminer on June 26, 2013, 09:14:10 AM

Yes that does imply that things that don’t need to be ordered yet have not been ordered. The reason behind that is we simply don’t need to order them yet, We do have contracts with all suppliers we need to have contracts with Those contracts contain delivery times and the associated order dates by which we must confirm the amounts (and of course pay).

OK, so everything is on track but the chips are not ordered yet, as the amount to be paid is not clear yet - is this correct?

Topic: Swedish ASIC miner company kncminer.com - page 2002. (Read 3050071 times)