Author

Topic: Swedish ASIC miner company kncminer.com - page 387. (Read 3050076 times)

donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
You're clueless, on both of the statement you made.
Quick question: Did you read the IPO terms ?

Quick answer: I skimmed through it. Why?

Which statements?

... First payments are expected when the initial hardware is deployed, 3-6 months after successful fund raising ...

I'll admit that I don't know how you can build a 1MW DC for less than $200k.

But how does that change the fact that datatank is offering $0.93/gh and $0.025/kwh where as you are offering $0.85/gh and ~$0.25/kwh starting 3 months later?

Apples and Oranges. The electricity cost is simply the locale. Fill a DT with RockerBox and you'll get much, much better numbers.
And as I've explained, you can get much, much, much, much better numbers with other cheap deployments methods.

Edit: And on a serious note. The affiliation between AC DT and AM is very loose. It was stated in the IPO for one reason only, get all AM fan boys buy another stock. Cynical but effective move. Working as we can see.
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
Guy, if I wanted to a 1mW datacenter using your hardware could you deliver it in a month (30 day window) or would this be $200k and be ready in September or October; or with a large customer could something be delivered sooner along with an earlier batch.  If I had any kind of proof that this was possible I might fully be inclined to building out seeing as financially that is no issue and knowledge and resources from our personal company (we are one of the larger IBM partners in the southern US (sales wise)).  I looked at the past in doing a large roll out but even utilizing SP10's I could not see it as feasible.

The reality of you having someone hold off 3 months+ compared to filling it with current hardware that is available costly for profits (everyone knows this).  You could be cycling hardware as it comes in and out.  I should note that my post bashing the fan boys of your hardware is in no way related to you all as a company.  We have talked via email and PM multiple times over the last few months and you all are probably one of the most down to earth mining companies, so my beef is not at all with SP-Tech.

Unfortunately not.

The ASIC lead time is 3 months - TSMC 28nm allocations. If you know TSMC CEO, it might help, but I'm not sure. Really. They're playing fair with all the customers.
PO by the 5th, ASICs 3 months afterwards. I'm not hiding ASICs or miners. All July and August were sold out.
We have decent September batch, which is selling fast. We're working to secure funds to cover October batch.
I've explained lead time issues in our thread.

Guy
hero member
Activity: 770
Merit: 509
You're clueless, on both of the statement you made.
Quick question: Did you read the IPO terms ?

Quick answer: I skimmed through it. Why?

Which statements?

I'll admit that I don't know how you can build a 1MW DC for less than $200k.

But how does that change the fact that datatank is offering $0.93/gh and $0.025/kwh where as you are offering $0.85/gh and ~$0.25/kwh starting 3 months later?
sr. member
Activity: 486
Merit: 262
rm -rf stupidity
Guy, if I wanted to a 1mW datacenter using your hardware could you deliver it in a month (30 day window) or would this be $200k and be ready in September or October; or with a large customer could something be delivered sooner along with an earlier batch.  If I had any kind of proof that this was possible I might fully be inclined to building out seeing as financially that is no issue and knowledge and resources from our personal company (we are one of the larger IBM partners in the southern US (sales wise)).  I looked at the past in doing a large roll out but even utilizing SP10's I could not see it as feasible.

The reality of you having someone hold off 3 months+ compared to filling it with current hardware that is available costly for profits (everyone knows this).  You could be cycling hardware as it comes in and out.  I should note that my post bashing the fan boys of your hardware is in no way related to you all as a company.  We have talked via email and PM multiple times over the last few months and you all are probably one of the most down to earth mining companies, so my beef is not at all with SP-Tech.
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
...
So will you be offering sp30s for $3200 shipped in a few weeks?

No.
If I'll do that, what will happen to AM SH dividends ? Having you suffered enough ?

On second thought, contact sales@ and we'll do a special deal for you. You'll be able to compare it with the all kind of rocks coming out from china  Grin

You won't really have a choice.

As soon as these datatanks go up for sale you will have to match their price to compete gather preorders.

Thanks for the offer but I don't have that kind of money to spend on hardware especially a preorder.

And BTW those "rocks from china" are powering a majority of the network (well at least before difficulty exploded)

You're clueless, on both of the statement you made.
Quick question: Did you read the IPO terms ?

hero member
Activity: 770
Merit: 509
...
So will you be offering sp30s for $3200 shipped in a few weeks?

No.
If I'll do that, what will happen to AM SH dividends ? Having you suffered enough ?

On second thought, contact sales@ and we'll do a special deal for you. You'll be able to compare it with the all kind of rocks coming out from china  Grin

You won't really have a choice.

As soon as these datatanks go up for sale you will have to match their price to compete gather preorders.

Thanks for the offer but I don't have that kind of money to spend on hardware especially a preorder.

And BTW those "rocks from china" are powering a majority of the network (well at least before difficulty exploded)
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
...
So will you be offering sp30s for $3200 shipped in a few weeks?

No.
If I'll do that, what will happen to AM SH dividends ? Haven't you suffered enough ?

On second thought, contact sales@ and we'll do a special deal for you. You'll be able to compare it with all kind of rocks coming out from china  Grin
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
I'd love to know how you can get much below $200k for a 1mw DC. Rent alone should be ~$50-100K/year.

Probably government subsidies

AFAIK, it's not the case. It is BitFury case, I believe.
hero member
Activity: 770
Merit: 509
...
Assume the following (not exact figure, just to get the idea):
- SP30 BOM (without NRE) is $3,000
...

Ok so that $0.5/gh number was just made up.

I can only assume that your BOM must be lower than that.

So will you be offering sp30s for $3200 shipped in a few weeks?
hero member
Activity: 561
Merit: 521
Trustless IceColdWallet
So what exactly is a Mini Neptune going to be... 2 1/2 boxes? Lol. Obviously the Neptune was designed to have 6 chips but they figured out that they could overclock them and remove one board and still get 3THs.

Cheap bastards!

5 Boxes with each 750 Gh/s = 1 Neptune  = 3,75 Th/s
2 Boxes with each 750 Gh/s = 1 Mini Neptune = 1,5 Th/s

5 Boxes = 2100 Watt = 420 Watt each Box = each needs 2 x PCI-e = 1 PSU 1500 Watt (best efficiency 95% possible) = min. 6 direct PCi-e cables

---------------------------------------------------------------------------------------------------------------------------------------------------
https://www.kncminer.com/pages/faq
For Neptune, we recommend the following:
- For the Neptune model, you will need either two 1,200 Watt power supplies or three 850 Watt power supplies(6 pins or 6+2 pin).
- For the Neptune Mini, you will need either one 1,200 Watt power supplies or 2x 650 Watt power supplies(6 pins or 6+2 pin).
---------------------------------------------------------------------------------------------------------------------------------------------------



Do not forget an your calculations that they open on the next few day an datacenter with more hasing power as we all togehter bought.
For what do you think is the new  KNCMINER Wallet

10 MW Datacenter = 10.000.000 Watt / 2100 = 4761 Neptun's = 17.901 Terra Hashes/s

Crime number one in 2015 will be: stealing electricity
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
My misguided favorite AM SH. It's late and I'm going to sleep, but I need to explain something.
Assuming you want to deploy, you need to look at $/GHs cost at the deployment level. Whether it will be DC, AC IC or KNC Chicken Farm (Boden).

We have customers that knows to deploy (without miners cost but with building, electricity, air cooling etc) at sub $200K/MW
Which is extremely cheap. Even if you do 1.4 PUE, but with $0.025/KWh (depends on your locale only), you get much better numbers than what you wrote. Especially with SP30 ...

Do the math.

What is the monthly rent on a 1mw warehouse? I don't doubt $200k/MW is possible but that is only $300k less than an immersion container but rent savings alone will probably be more than $300k. That is in addition to the electricity savings of ~$90k/year (400KW @ $0.025/kwh)

Also how can you get better numbers with an sp30? Datatank hardware production costs are $0.53/gh vs your material costs of $0.5/gh. Will you be selling SP30 in a few weeks for $3200 each? (including shipping)

By sub $200K/MW, I meant TOTAL cost. And it's actually very big sub.

(How did you get to the conclusion that SP30 material cost is $0.5/GHs ? Don't you understand the meaning of "assume" ?)

- SP30 BOM (without NRE) is $3,000

...
Assume the following (not exact figure, just to get the idea):
- SP30 BOM (without NRE) is $3,000
...

I'd love to know how you can get much below $200k for a 1mw DC. Rent alone should be ~$100-150K/year.

You would, would you  Wink
Not by building IC tank, I can assure you.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
So what exactly is a Mini Neptune going to be... 2 1/2 boxes? Lol. Obviously the Neptune was designed to have 6 chips but they figured out that they could overclock them and remove one board and still get 3THs.

Cheap bastards!
legendary
Activity: 1316
Merit: 1014
ex uno plures
I'd love to know how you can get much below $200k for a 1mw DC. Rent alone should be ~$50-100K/year.

Probably government subsidies
full member
Activity: 126
Merit: 100

We will see.  Roll Eyes

Neptune In Assembly.

We’re pleased to announce touch-down of the first batch of our new 20 nanometer Neptune processors. They are now going through the testing/tweaking/assembly stage in Sweden and shipping will commence this week.

A World First 20-Nanometer Design

The Neptune is a formidable technological achievement. It is the first commercially available 20 nanometer processor shipped to end users. KnCMiner can take pride in beating all competitors to the 20nm stage, including the likes of Intel, Apple and Samsung.

The Neptune is a 1440-core 55x55 mm package tailor-made for the Bitcoin market. Each Neptune consists of 5 chips and comes in new sturdier enclosure and packaging. Using the speed offered by a true 20nm die process each Neptune churns out more than 3 TH/s while consuming only 2.1 KW at the wall. That works out to 0,7 watts per GH/s or less.

However, there are margins built into our design and the software running our chips can only improve from today on. All future software updates to raise the hashing speed will be free of charge.

Software Updates

We've reached our initial targets on speed and power consumption. But as this is the first day we’ve had the Neptune in our lab our technicians have already implemented a few tricks to increase hashing speed and we’ll release updates to our firmware shortly.

The first two batches of the Neptune miner is all sold-out. Batch three is available for pre-order now in our web shop. Watch this space for more info on upcoming products based on our new state-of-the-art 20nm design process.

We expect to ship to Batch 1 pre-order customers this week and to Batch 2 pre-order customers before the end of the month.

Best regards,

The KnC Team, June 17, Stockholm, Sweden.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!

No: one box is ONE chip.... just look at their earlier released photo of the PCB: that fits in one box (see the 6 pin connector on both photo's).


No: KnC puts more than 1 PCB in each box.

The exception was the Mercury.

Saturn, 2 ASIC 1 box
Hoopiter, 4 ASIC 1 box
Frank, 6 ASIC and lots of loose parts 1 box

YMMV
Smiley

FrankenJup was 6 boxes, each with 3 ASICs.
hero member
Activity: 770
Merit: 509
My misguided favorite AM SH. It's late and I'm going to sleep, but I need to explain something.
Assuming you want to deploy, you need to look at $/GHs cost at the deployment level. Whether it will be DC, AC IC or KNC Chicken Farm (Boden).

We have customers that knows to deploy (without miners cost but with building, electricity, air cooling etc) at sub $200K/MW
Which is extremely cheap. Even if you do 1.4 PUE, but with $0.025/KWh (depends on your locale only), you get much better numbers than what you wrote. Especially with SP30 ...

Do the math.

What is the monthly rent on a 1mw warehouse? I don't doubt $200k/MW is possible but that is only $300k less than an immersion container but rent savings alone will probably be more than $300k. That is in addition to the electricity savings of ~$90k/year (400KW @ $0.025/kwh)

Also how can you get better numbers with an sp30? Datatank hardware production costs are $0.53/gh vs your material costs of $0.5/gh. Will you be selling SP30 in a few weeks for $3200 each? (including shipping)

By sub $200K/MW, I meant TOTAL cost. And it's actually very big sub.

(How did you get to the conclusion that SP30 material cost is $0.5/GHs ? Don't you understand the meaning of "assume" ?)

- SP30 BOM (without NRE) is $3,000

I'd love to know how you can get much below $200k for a 1mw DC. Rent alone should be ~$100-150K/year.
legendary
Activity: 1316
Merit: 1014
ex uno plures
Will you be selling SP30 in a few weeks for $3200 each? (including shipping)

That could well happen, depending on how diff increases go ...
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
My misguided favorite AM SH. It's late and I'm going to sleep, but I need to explain something.
Assuming you want to deploy, you need to look at $/GHs cost at the deployment level. Whether it will be DC, AC IC or KNC Chicken Farm (Boden).

We have customers that knows to deploy (without miners cost but with building, electricity, air cooling etc) at sub $200K/MW
Which is extremely cheap. Even if you do 1.4 PUE, but with $0.025/KWh (depends on your locale only), you get much better numbers than what you wrote. Especially with SP30 ...

Do the math.

What is the monthly rent on a 1mw warehouse? I don't doubt $200k/MW is possible but that is only $300k less than an immersion container but rent savings alone will probably be more than $300k. That is in addition to the electricity savings of ~$90k/year (400KW @ $0.025/kwh)

Also how can you get better numbers with an sp30? Datatank hardware production costs are $0.53/gh vs your material costs of $0.5/gh. Will you be selling SP30 in a few weeks for $3200 each? (including shipping)

By sub $200K/MW, I meant TOTAL cost. And it's actually very big sub.

(How did you get to the conclusion that SP30 material cost is $0.5/GHs ? Don't you understand the meaning of "assume" ?)
hero member
Activity: 770
Merit: 509
he can't do math, he's jimmothy and he's angst-ridden about not getting his latest round of AM dividends, this is why he takes it out on the rest of the forum.
that's why he is one of the very few on my ignore.

Really?

You invested in CBCM..

CBCM powered by spongebobtech: $2.8/gh 1w/gh $0.25/kwh
Datatank: $0.93/gh 0.6w/gh $0.025/kwh

CBCM is around 3 times more expensive, half as efficient, and running costs are 10 times as much.

Or is my math wrong?
legendary
Activity: 3990
Merit: 4597
Biodom...   always respected you and your posts...    didn't mean to sound rash, but indeed a "Razz" Grin
All my selling days are over tho I'm thinking....
I'm with Searing's latest theory right now


I have a thick skin, like an elephant  Wink it's all cool, bro...
I am simply in search of some current mining equipment since the mining bug got me; was too late for Jups, S1(s) are getting too small to matter much, etc., etc.
Had an eye on mini, but it has to be $2K to matter. Datamining "in the tank" is swell, but i did not go through the math yet. Typically, such large scale employment does not work for investors all that well.
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