Topic: Swedish ASIC miner company kncminer.com - page 577. (Read 3050074 times)

We're ate 0.8-0.9W/TH range at the system level.
Read dogie review: https://bitcointalksearch.org/topic/guide-dogies-comprehensive-spondooliestech-sp10-setup-hd-525469
We're constantly improving our fw to get better results. We're getting above 1.5 TH/s with 25C ambient temperature.
Slime machine, just 1.25U, suitable for rack mounting

Spondooliesetech (1.4TH) shipping from stock @ ~1W/TH, ~$5,000

Although I also understand that one persons response in a forum is not company policy and that I personally won't hold you to it, there are some that might however

(google translate)

Swedish KNC Miner, which sells servers for mining bitcoin, has pulled in more than half a billion kronor in revenue since its launch last summer.
This extended operations with a new server for the excavation of another virtual currency, litecoin - a launch that already generated SEK 27 million in revenue.

In mid-February, the Swedish IT company KNC Miner hit the headlines with the news that they would build one of the largest data centers in Constance. The company is therefore the second, after Facebook, Norrbotten who choose to build a giant data center.

An old helicopter hangar at 5,500 square feet is now starting to be filled with KNC Miners specially developed servers that devotes his days to "break" new bitcoin. The virtual currency is produced namely of advanced servers cracking algorithms.

"We are serving more than three million kronor a day to resell the bitcoin we break ourselves," said Sam Cole, founder and vice president of KNC Miner with 80 employees and offices on West Higgins Road in central Stockholm.

Besides producing and selling bitcoin feeds KNC Miner to develop, build and sell specialized servers called bitcoinbrytning. The best seller is called Jupiter, which is now being followed up with twice as powerful server Neptune.

"Since the company was founded in June 2013, we had revenues of $ 78 million (half a billion kronor)," said Sam Cole, with his roots in Britain.

On Wednesday, the company rolled out a new line of servers they call Titan. Unlike the company's other products, the Titan server is not focused on bitcoin, but on the other virtual currencies.

"Titan is our first server that focuses solely on scripts basse conditioned virtual currencies Litecoin" said Sam Cole, referring to the currency that is currently the second most popular after bitcoin.

The new servers have been selling like hot cakes. On one day have KNC Miner received over a thousand orders for Titan servers.

"We have confirmed revenues of $ 4.2 million (27 million kronor)," said Sam Cole.

In June it will be time for KNC Miner to close the books for their first year as a company. Sam Cole does not exclude in the first year will be a billion companies.

"We will have over 100 million dollars in revenue (640 million kronor) for KNC Miner Group in late June, I can say with confidence," he says.

KNC Miner AB is based in Stockholm but has all of its revenues in dollars. Even when the company will charge you in bitcoin is careful to immediately switch the virtual currency to U.S. dollars, according to Sam Cole, who founded the company along with three Swedes.

Behind KNC Miner is two companies: Kennemar and Cole (founded Sam Cole and Andreas Kennemar) and ORSoC (founded by Marcus Erlandsson and Michael Unnebäck).

Where did your company's name come from?

We currently don't have a farm. Our data center is solely for hosting our customers units.
We don't have plan to have a farm during 2014.
We want to concentrate on building and selling the best mining machines, not operate farms.
Clear enough ?

I think this is a bit naive tbh.....

J

Well there's a lot of places in the world where electricity is an insane price per kilowatt hour. If KNC get a real good rate, then they can effectively "resell" the electricity to customers who are in expensive markets. Ergo, they will make a little bit more than mining for themselves, and the customers in $$$ electricity markets will make a little more, or break-even, considering the convenience factor, vs running a reasonably efficient miner in their locale.

I would guesstimate that anyone who is paying 15c or less per kilowatt hour will not find this worthwhile.

SO you are KNC you have hashpower, it creates $x an hour, your customers can do math and will not buy it for more than $x an hour,
show me a business model where it makes more sense to sell it for $x minus a little to make it profitable for your customers vs. just keeping it all your self and making raw profit?

We currently don't have a farm. Our data center is solely for hosting our customers units.
We don't have plan to have a farm during 2014.
We want to concentrate on building and selling the best mining machines, not operate farms.
Clear enough ?

Do you have a private mine with your own equipment, built for your mine for you and your company and its Venture Capital investors?

Again, the hosting capabilities that we have are intended for the hosted plans, which we are going to introduce shortly.

But you do have a farm, just not clients units?
Don´t lie  

But you do have a farm, just not clients units?
Don´t lie  

While I don't feel very comfortable jumping into a competitor thread, I do would like to emphasize that we are committed to what we have have said before - none of our client units will be used for self-mining, beyond a standard burn-in test, with resulting proceeds will be publicly donated to a charity. Moreover, these clients who decide to use our upcoming hosted plan, will have the burn-in proceeds going immediately to their own set-up wallets.

This is part of company ethos, insisted by our investors and one of the reasons that I personally have joined them in the first place. We are (still) a start-up sized team, so any generated BTC during testing, tuning, etc... are completely transparent and being accounted in for the future charity proceeds.

I don't think they've denied it. In fact I think they've been open about it. "Spoondoodles" denies it.

SO you are KNC you have hashpower, it creates $x an hour, your customers can do math and will not buy it for more than $x an hour,
show me a business model where it makes more sense to sell it for $x minus a little to make it profitable for your customers vs. just keeping it all your self and making raw profit?

The KNCcloud is just there to appease you when Neptune comes in late, then they will go back to using it for their own profit, why are you expecting anything customer centric when their focus has clearly changed from that lonnnnng ago?

KNC's new direction and orama's abscence, connected ?

The KNCcloud is just there to appease you when Neptune comes in late, then they will go back to using it for their own profit, why are you expecting anything customer centric when their focus has clearly changed from that lonnnnng ago?