Author

Topic: Swedish ASIC miner company kncminer.com - page 2104. (Read 3049499 times)

sr. member
Activity: 367
Merit: 250
I don't get it, they are actually building a FPGA miner with 48 chips, where each chip costs $315. Even if they get the price down to $150, it will be $7,200 for the FPGA:s alone, then add cost for other components, pcb, assembly. How could they possibly sell it for $2,795.00

I'm just guessing here, but maybe ORSoC can piggy-back the FPGA order off some large customer order, and get the price down? Didn't BFL find a way to get their FPGA's really cheap?
newbie
Activity: 47
Merit: 0
As you guys mentioned - timing is everything.  Tongue
legendary
Activity: 1078
Merit: 1001
$ 2,795.00 for 6 GH FPGA? Hmmm  Shocked
$ 7,000.00 for 250 GH ASIC(?) seems much better deal...


Where did they say the $2795 for 6 GH?

Its on the web site.

How quickly will this pay for itself?

2 month with electricity
sr. member
Activity: 367
Merit: 250
$ 2,795.00 for 6 GH FPGA? Hmmm  Shocked
$ 7,000.00 for 250 GH ASIC(?) seems much better deal...


Where did they say the $2795 for 6 GH?

Its on the web site.

How quickly will this pay for itself?

You make ~$50 a day today with 6GH. So, starting today, it would pay off in 2 months. However, difficulty and exchange rate will not stay the same during that time period. Make your own assumptions.
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
I don't get it, they are actually building a FPGA miner with 48 chips, where each chip costs $315. Even if they get the price down to $150, it will be $7,200 for the FPGA:s alone, then add cost for other components, pcb, assembly. How could they possibly sell it for $2,795.00 (where did this price come from anyway? I couldn't find it in the email)



Again, make them produce a working prototype with proof it is real.  That will answer all your questions.  Don't get caught with numbers and specs at this point.   Proof is the first order of business.
hero member
Activity: 546
Merit: 500
250GH machine looks better value.

But the issue would be delivery date.

Yeah, all those Avolon chips being bought by DIYers will be online soon.  Time is the essence.
jr. member
Activity: 70
Merit: 2
$ 2,795.00 for 6 GH FPGA? Hmmm  Shocked
$ 7,000.00 for 250 GH ASIC(?) seems much better deal...


Where did they say the $2795 for 6 GH?

Its on the web site.

How quickly will this pay for itself?

1,5-2 months now... and who knows in the future?
sr. member
Activity: 264
Merit: 250
  Minimum 250GH/s per device
    7000-8000 USD predicted price

Getting interesting... if comes reality!
newbie
Activity: 47
Merit: 0
250GH machine looks better value. But the issue would be delivery date.

"An additional gain of 30% more hashing when the advanced algorithms provided by ORSoC are applied." - I'm wondering if this means 250GH + extra 30%?
hero member
Activity: 546
Merit: 500
$ 2,795.00 for 6 GH FPGA? Hmmm  Shocked
$ 7,000.00 for 250 GH ASIC(?) seems much better deal...


Where did they say the $2795 for 6 GH?

Its on the web site.

How quickly will this pay for itself?
member
Activity: 61
Merit: 10
I don't get it, they are actually building a FPGA miner with 48 chips, where each chip costs $315. Even if they get the price down to $150, it will be $7,200 for the FPGA:s alone, then add cost for other components, pcb, assembly. How could they possibly sell it for $2,795.00 (where did this price come from anyway? I couldn't find it in the email)

newbie
Activity: 26
Merit: 0
$ 2,795.00 for 6 GH FPGA? Hmmm  Shocked
$ 7,000.00 for 250 GH ASIC(?) seems much better deal...


Where did they say the $2795 for 6 GH?
full member
Activity: 216
Merit: 100
Quote
Upgrade protection built in to any purchase with vouchers for up to $2000 off of any Jupiter purchase.

Does it mean that I can switch to Jupiter for $5,000 in the future?
legendary
Activity: 1330
Merit: 1026
Mining since 2010 & Hosting since 2012
One of the key issues that has come out of the last few days is the issue of trust. We are fully aware that trust must be earned and this is why we are providing you with as much information as we can. Allowing you to make an informed decision about any future purchases.

Anyone who is thinking about purchasing, DO NOT BUY until we see a working prototype that can be independently verified.   Period.   You can give all the information in the world but all you should care about do they or do they not have a working and real product.  Nothing else period.  You have to hold all ASIC companies to this standard.
newbie
Activity: 56
Merit: 0
Mars

This device will be the first mass produced product and is available for purchase in the next few days. The key details around this device are as follows:

    Over 6GH/s
    48x IC CYCLONE IV FPGA 115K on board chips  See the sites below for more details on the chips we will be using in our Mars product.
    30% Improvement in hashing rate over standard Implementation
    Fan cooled with 48 heat sync’s and fans plus two case fans producing a cooling tunnel across the chips
    Modular design (we will carry this design throughout all of our products)
    USB attachment (software will be provided)
    Shipment begins on mass in just over 2 months.
    Earn coins while you are waiting in the queue for Jupiter
    External ATX power will be required (we will provide a recommended list)
    Upgrade protection built in to any Mars purchase with vouchers for up to $2000 off of any Jupiter purchase.
    Last but not least, any purchase of the Mars product automatically reserves you the same place in the order queue for the Jupiter product. The queue reservation will last 30 days.
    For more information about the chips used you can use the following links
        http://www.buyaltera.com/scripts/partsearch.dll?Detail&name=544-1468-ND
        http://www.digikey.com/product-search/en?x=18&y=12&lang=en&site=us&KeyWords=EP4CE115F23C8N


Jupiter

This device is being designed in parallel by the OrSoC engineers. It will offer industry leading performance and power consumption per GH. The final specifications for this device are being ironed out now but we can confirm the following:

    Minimum 250GH/s per device
    7000-8000 USD predicted price
    48 Chips (which are being designed exclusively for KnCMiner by ORSoC).
    An additional gain of 30% more hashing when the advanced algorithms provided by ORSoC are applied.
    Water cooled setup.
    Modular Design allowing for expansion at a later date.
    Embedded Linux device to allow for standalone mining.
    Shipment begins in early autumn.
newbie
Activity: 56
Merit: 0
First of all Apple doesn't have to proove anything. knc has. Second they could at least tell "hey we are using XX nm tech" I don't think that would ruin anything considering we already have asics at 130nm, 110nm, 65nm, 22nm(?).

Kano didn't talk about KNC, he talked about the meet with ORSoC.
jr. member
Activity: 70
Merit: 2
$ 2,795.00 for 6 GH FPGA? Hmmm  Shocked
$ 7,000.00 for 250 GH ASIC(?) seems much better deal...
legendary
Activity: 1078
Merit: 1001
got an email

" KnCMiner product information
 

After launching our website just a few weeks ago we have had an overwhelming response. This has been highly valuable in many ways and we encourage you to continue to give us as much feedback as you already have been doing.

Today we are presenting more technical information about our products and services, which we will be offering from now until the start of the autumn. One of the key issues that has come out of the last few days is the issue of trust. We are fully aware that trust must be earned and this is why we are providing you with as much information as we can. Allowing you to make an informed decision about any future purchases.

We are announcing two devices today, Mars and Jupiter. We understand that the Mars product is not ground breaking but we are launching it to show our work so it can be publicly validated by as many people as possible. Our new Jupiter product is groundbreaking and we are sure you will soon agree contains some impressive specifications. The main focus of the information we have available today will be around the following:

    Our first mining product which is a 6 GH/s device called Mars
    Our second mining product hashing at a minimum of 250 GH/s called Jupiter."
legendary
Activity: 1904
Merit: 1007
Ok, today I met orsoc CEO Johan personally and I can confirm 100% this is not a scam

He is interested in bitcoin and knows a lot about it. He acknowledged that they have been discussing this product offering with kncminer for weeks and there will be news published later this week

They will have a more concrete technical specification for the product soon


So you saw their hardware design already, their office, their detailed specs and the previous bitcoin hardware they have already made?
Or was he just some convincing random guy you happened to meet? Tongue

You think Apple CEO would show you any hardware designs or their offices if you ask (my company doesn't let any external person to enter the office, we have external meeting rooms)?
But if you google the company name and his name I'm sure you'll find pictures of both himself as well as previous products the last 5-10 years. Wink


First of all Apple doesn't have to proove anything. knc has. Second they could at least tell "hey we are using XX nm tech" I don't think that would ruin anything considering we already have asics at 130nm, 110nm, 65nm, 22nm(?).
newbie
Activity: 56
Merit: 0
Ok, today I met orsoc CEO Johan personally and I can confirm 100% this is not a scam

He is interested in bitcoin and knows a lot about it. He acknowledged that they have been discussing this product offering with kncminer for weeks and there will be news published later this week

They will have a more concrete technical specification for the product soon


So you saw their hardware design already, their office, their detailed specs and the previous bitcoin hardware they have already made?
Or was he just some convincing random guy you happened to meet? Tongue

You think Apple CEO would show you any hardware designs or their offices if you ask (my company doesn't let any external person to enter the office, we have external meeting rooms)?
But if you google the company name and his name I'm sure you'll find pictures of both himself as well as previous products the last 5-10 years. Wink
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