Hi all!
It's time for another update from us at KnCMiner!
There will be a whole slew of exciting news and actions from us over the coming weeks as we've been working very hard to bring you the latest in cryptocurrency ASIC technology.
First, let's start off with today's updates:
Titan Chip Specs
KnC Cloud Update
Neptune Two For One Program
Titan Chip Specs
Each Titan will have four of our groundbreaking chips installed on delivery to make sure they'll output the guaranteed minimum performance we have specified (300 MH/s).
We're delighted to release these eye-catching specifications on our new Titan scrypt miner:
• 4 chips with 2284 cores each — truly record-breaking numbers in this space.
• 18272 threads per chip.
• 300 MB of onboard memory.
If you do the math you'll find that each Titan miner has a whopping 9136 cores running 73088 threads in total.
We've managed to squeeze those cores in a 55 mm x 55 mm package while simultaneously extracting over 300 W's worth of thermal energy — certainly pushing the boundaries of what's possible with the latest in processor design.
We're expecting to announce final tape out within the next few weeks.
KnC Cloud
The KnC Cloud is our new cutting-edge hosted mining and block chain-oriented data center in the north of Sweden. It will go live soon at
www.knccloud.com, and we'll also be releasing our very competitive mining plans promptly.
Customers who have pre-ordered Neptunes will be offered access to our cloud services according to queue placement, as we've previously mentioned. More details on that procedure will follow shortly.
We'd also like to point out that we're currently not expecting any delays on Neptune shipments (still targeting the Q1/Q2 2014 delivery originally stated). Our hardware pre-order customers will soon be made aware of the advantages of owning their own KnC rigs compared to hosted hashing plans — especially compared to plans from some of our competitors. Operating data centers is expensive any way you look at it.
Neptune Two For One Program
It has come to our attention that not everyone has been fully informed on our Neptune Two For One program so we'd like to include information on that topic in this newsletter too:
We understand that the math's involved in ASIC product deployment has to make financial sense in an ever-increasing hash rate race. In order to increase value for KnC customers we are adding one extra Neptune miner to each pre-ordered Neptune in batch one and batch two. These bonus machines will be sourced from our batch three production run which is scheduled to ship in August.
If you're a pre-order Neptune batch one or two customer you don't need to take any extra action to receive these additional miners and we are covering all shipping costs as well. You’ll receive info on when and how those bonus miners will be delivered well before the shipment date.
Stay tuned
Finally, we'd like to add that we really appreciate our customers' investments in our state-of-the-art chip designs and we'll make sure our customers get the most out of these upcoming aggressive KnC-designed advantages.
Please stay tuned for new updates on our progress shortly.
Thanks for you time and attention!
The KnCMiner Team,
May 14, 2014, Stockholm.