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Topic: Swedish ASIC miner company kncminer.com - page 394. (Read 3050076 times)

hero member
Activity: 910
Merit: 1004
buy silver!
ya, only ordered 3th, so its a bonus....cant be mad anymore?Huh.....waiting on another beaglebone to get the jupiter going again
copper member
Activity: 2898
Merit: 1465
Clueless!
I can't wait to see the reaction of new Neptune owner's (and SP30) on how big these rigs are physically and how much heat really pours out of them.

Too true, the future of mining is DC hosting or similar ... 12 months from now the landscape will be very different.

It is, but jimmothy still thinks that the home mining is the future Smiley

It's not "the future" but it is part of it.
There will be huge mining operations and small home operations.

The people who are forced to pay a datacenter for hosting will simply be squeezed out of the game due to the unnecessary additional costs.

You don't honestly think that ALL home miners are just going to stop their operations right?
The present, past, and immediate future, but I believe "Home Mining" is just about done. Maybe 1 more year if we are lucky... very lucky
You DO know what the "Difficulty rate" is, right? At this point, miners ROI is in jeopardy, 90 days from now the diff will be so high you'll wish you never bought a miner!

er I also think that those of us that have mined at least since 2013 when I got a $7,131.80 usd Oct Jupiter 560gh 2013 (which best I can tell will end of life at about 50 btc)

anyway the mental hurdle I would/will have to go thru say next spring 2015 (irregardless if btc price is 1k or more or not) of paying probably something like 15K or more for
a miner that will do 'maybe' 7 coin if I had to guess total end of life ...ouch ouch ouch..

sure...if btc is over 2k it will make sense or something...but the day I got my Jupiter (Oct 18th 2013) I think at least for a few days it got ONE BTC A DAY...so
with my peanut sized brain ...."look squirrel" .....that fact alone will mess me up getting a 15k machine that say does something like .025 a day or some such (shudder)
not sure I'd be able to wrap my mind around it...and of course giant PH farms will probably be multiplying like flies even faster at that time...more angst on if to get equip

'maybe' I could make the adjustment with a lot of "wincing"...but unless some kick ass equip comes out that makes it worth another Jupiter gamble....likely being
an old 'duffer' messing around on coinbase will be the way to go..at that point only mental hurdles would be USD per BTC and small/frequent purchases hopefully..

So you start out as the 'dashing' bitcoin asic miner /danger/excitement/equip poop's out/angst/power outages....like flying an asic plane the thrill! the risk!..the crashes!

to after 1 year in mining and difficulty rises..you look around the plane is shot...mentally you are a bit 'wrung out' dealing with 'asic manufacuter's dog and pony shows'

So you are not an old fart (in asic miner terms not a newb anymore) ...and sitting at the computer (essentially) 'day trading' bitcoin on his laptop sipping Tea...(
ah the glory 'months' of long ago..er changes quick)

have to totter off to the little Searing room now to piddle ...too much Tea (someday in the future ...hey whipersnapper....i was a 'bitcoin miner' dang gum it respect
your elders....)
 
frack from miner to accountant in less then 2 years likely (of course if I'm accounting some real $$$ with BTC er maybe I won't mind much?)

Searing
 
Well, I finally got all the frankenjunk going--5180ish th/s 

hopefully this is more then the 3TH you paid for but using 'tinkering' and not that you orig got 6Th?

if so congrats ...if not er sorry

Searing


 
full member
Activity: 221
Merit: 100
Zelek: It's in their twitter feed, which has been going all night Sweedish time. https://twitter.com/kncminer

My guess is that they are spending all night tweaking the prototype boards now,  and will make some sort of news item/video tomorrow or the day after.  They just got the chips, and I'm sure they are rushing to figure out what they can get out of them.
hero member
Activity: 910
Merit: 1004
buy silver!
Well, I finally got all the frankenjunk going--5180ish th/s  
hero member
Activity: 700
Merit: 504
Run a Bitcoin node.

Can someone please post the link? I can't find the news item on the KnC site.
member
Activity: 181
Merit: 53
It'll require 5 PCI-E cables for those wondering. Should see news either tomorrow or Wednesday.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
Is it coincidence the hashrate has jumped 13 PH the last few days

yes. chips in packaging does in no way mean neptunes are built.


You dont honestly believe all the news KNC puts out is accurate on on time?  They only tell us what they want us to hear.

But it does seem they want to save some face and have it at end of month ready.

my remark was ; yes, it is pure coincidence.
It never ceases to amaze me how people see the network hash-rate rise and immediately attribute it to one manufacturer. What we are seeing is mere inevitability occurring.

KNC are going to have to go to long lengths to get their reputation back to anywhere near to what it used to be - and I don't think a 3TH/s Neptune is quite going to cut the mustard, even with their 2nd Neptune free in August; offer. I reckon they are going to need to bulk up those boxes with extra chips. It's an interesting state of affairs.

Ugh, I'm with you on this (the bolded statement)!
sr. member
Activity: 434
Merit: 250
Is it coincidence the hashrate has jumped 13 PH the last few days

yes. chips in packaging does in no way mean neptunes are built.


You dont honestly believe all the news KNC puts out is accurate on on time?  They only tell us what they want us to hear.

But it does seem they want to save some face and have it at end of month ready.

my remark was ; yes, it is pure coincidence.
It never ceases to amaze me how people see the network hash-rate rise and immediately attribute it to one manufacturer. What we are seeing is mere inevitability occurring.

KNC are going to have to go to long lengths to get their reputation back to anywhere near to what it used to be - and I don't think a 3TH/s Neptune is quite going to cut the mustard, even with their 2nd Neptune free in August; offer. I reckon they are going to need to bulk up those boxes with extra chips. It's an interesting state of affairs.

I was just kidding.  Im sure is a combination of other manufacturers too ASM, and the other Chinese chips.

But it wouldnt surprise me if they had all the chips already for a few weeks testing the chips and boards.  

i dare-say it's a possibility; but in contrast, it would surprise me if they have managed to bed a chip on a board by this day.
I thought this was rather humorous - surprised it hasn't been deleted and the forum user banned
http://forum.kncminer.com/forum/resellers-affilicates/general-questions/45717-am-i-the-only-remaining-neptune-customer
hero member
Activity: 882
Merit: 1003
Is it coincidence the hashrate has jumped 13 PH the last few days

yes. chips in packaging does in no way mean neptunes are built.


You dont honestly believe all the news KNC puts out is accurate on on time?  They only tell us what they want us to hear.

But it does seem they want to save some face and have it at end of month ready.

my remark was ; yes, it is pure coincidence.
It never ceases to amaze me how people see the network hash-rate rise and immediately attribute it to one manufacturer. What we are seeing is mere inevitability occurring.

KNC are going to have to go to long lengths to get their reputation back to anywhere near to what it used to be - and I don't think a 3TH/s Neptune is quite going to cut the mustard, even with their 2nd Neptune free in August; offer. I reckon they are going to need to bulk up those boxes with extra chips. It's an interesting state of affairs.

I was just kidding.  Im sure is a combination of other manufacturers too ASM, and the other Chinese chips.

But it wouldnt surprise me if they had all the chips already for a few weeks testing the chips and boards. 
hero member
Activity: 504
Merit: 500
I can't wait to see the reaction of new Neptune owner's (and SP30) on how big these rigs are physically and how much heat really pours out of them.

Too true, the future of mining is DC hosting or similar ... 12 months from now the landscape will be very different.

It is, but jimmothy still thinks that the home mining is the future Smiley

It's not "the future" but it is part of it.
There will be huge mining operations and small home operations.

The people who are forced to pay a datacenter for hosting will simply be squeezed out of the game due to the unnecessary additional costs.

You don't honestly think that ALL home miners are just going to stop their operations right?
The present, past, and immediate future, but I believe "Home Mining" is just about done. Maybe 1 more year if we are lucky... very lucky
You DO know what the "Difficulty rate" is, right? At this point, miners ROI is in jeopardy, 90 days from now the diff will be so high you'll wish you never bought a miner!

I agree...Unfortunately the limit in terms of electrical home installation is almost reached.
You can, of course, modify your electricity home but it adds to operating mining costs that lower even more the mining profitability...
legendary
Activity: 938
Merit: 1000
LIR DEV
I can't wait to see the reaction of new Neptune owner's (and SP30) on how big these rigs are physically and how much heat really pours out of them.

Too true, the future of mining is DC hosting or similar ... 12 months from now the landscape will be very different.

It is, but jimmothy still thinks that the home mining is the future Smiley

It's not "the future" but it is part of it.
There will be huge mining operations and small home operations.

The people who are forced to pay a datacenter for hosting will simply be squeezed out of the game due to the unnecessary additional costs.

You don't honestly think that ALL home miners are just going to stop their operations right?
The present, past, and immediate future, but I believe "Home Mining" is just about done. Maybe 1 more year if we are lucky... very lucky
You DO know what the "Difficulty rate" is, right? At this point, miners ROI is in jeopardy, 90 days from now the diff will be so high you'll wish you never bought a miner!
sr. member
Activity: 241
Merit: 250
Is it coincidence the hashrate has jumped 13 PH the last few days

yes. chips in packaging does in no way mean neptunes are built.


You dont honestly believe all the news KNC puts out is accurate on on time?  They only tell us what they want us to hear.

But it does seem they want to save some face and have it at end of month ready.

my remark was ; yes, it is pure coincidence.
It never ceases to amaze me how people see the network hash-rate rise and immediately attribute it to one manufacturer. What we are seeing is mere inevitability occurring.

KNC are going to have to go to long lengths to get their reputation back to anywhere near to what it used to be - and I don't think a 3TH/s Neptune is quite going to cut the mustard, even with their 2nd Neptune free in August; offer. I reckon they are going to need to bulk up those boxes with extra chips. It's an interesting state of affairs.

I've not seen anything yet from KnC that makes me regret getting my refunds when I did (early, and relatively quickly compared to later refunders). Even if/when a 3TH/s Neptune is delivered, even if it's more than 3TH/s, it won't be enough to light up the "regret" button. Not even the "free" additional Neptune in August.
sr. member
Activity: 434
Merit: 250
Is it coincidence the hashrate has jumped 13 PH the last few days

yes. chips in packaging does in no way mean neptunes are built.


You dont honestly believe all the news KNC puts out is accurate on on time?  They only tell us what they want us to hear.

But it does seem they want to save some face and have it at end of month ready.

my remark was ; yes, it is pure coincidence.
It never ceases to amaze me how people see the network hash-rate rise and immediately attribute it to one manufacturer. What we are seeing is mere inevitability occurring.

KNC are going to have to go to long lengths to get their reputation back to anywhere near to what it used to be - and I don't think a 3TH/s Neptune is quite going to cut the mustard, even with their 2nd Neptune free in August; offer. I reckon they are going to need to bulk up those boxes with extra chips. It's an interesting state of affairs.
hero member
Activity: 882
Merit: 1003
Is it coincidence the hashrate has jumped 13 PH the last few days

yes. chips in packaging does in no way mean neptunes are built.


You dont honestly believe all the news KNC puts out is accurate on on time?  They only tell us what they want us to hear.

But it does seem they want to save some face and have it at end of month ready.
sr. member
Activity: 434
Merit: 250
Is it coincidence the hashrate has jumped 13 PH the last few days

yes. chips in packaging does in no way mean neptunes are built.
hero member
Activity: 882
Merit: 1003
Is it coincidence the hashrate has jumped 13 PH the last few days
full member
Activity: 167
Merit: 100
Hopefully we get the full specs soon.
sr. member
Activity: 434
Merit: 250
best luck, friends.  Smiley
hero member
Activity: 624
Merit: 502

It's a fake until they post pictures ans specification.

I would have predicted that there would be a video similar to the Jupiter launch one, but with this being 20nm I think they'll make a bigger deal/ do a press release and get some tech press involved.

Well done Kncminer!
legendary
Activity: 2408
Merit: 1004
Nice something start it
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