Topic: Swedish ASIC miner company kncminer.com - page 581. (Read 3050074 times)

well the place is www.alpha-t.net and march 28th they are re-opening orders for  new customers on the cancelled units from the first batch first come first serve....current customers can upgrade now...myself NO ..I too think they are legit...and they sold me an alpha unit mh for 1/3 down (yeah they take paypal so you have some protection other 2/3 due before shipping so add a 45 day buffer on to that if that end don't work out) ...but again I too don't think they are scammers they just look like me and my buddy trying to pull this off with a rich buddy that can make the chips in India..ie they have an in...for $2200 bucks I figured I'd take a chance even if they are late end of summer i am guessing i'd get ROI back..(if btc goes back up alts will to if nothing else) ...but yeah they are green as grass

so anyway i'm 1/3 in can pay the other 2/3 via paypal and cc option under amex and bail on last part of their supposed shipping date if they pull a BFL but again this is a 2200 toy ....so i was pleased when they said I know may get a 16mh unit for same  price (thank you knc for scaring the bejebbes out of them)

anyway it is a modest gamble if i follow it all the way to the end and with some penalties i could prob get 1/2 of my orig 1/3 down payment back..but ..yeah the concern is they may be legit and not scammers but they still may not pull it off..thus my holding off on another unit or upgrading for 6800 bucks or some such to the 90mh unit

place your bets guys...but march 28th with the above 'protections:??" in place.....via paypal and 1/3 down and 2/3 close to shipping ...jumping in the 1st batch que with a 45 day protection NOW ....well you have more options then me to bail should it go south

thems the breaks..but 1 small unit is all i'm going with and again only because i think they are legit with their 1/3 down and paypal method to show their bonafides....but remember I've been wrong before (BFL comes to mind)

anyway my logic on the whole thing i'm treating like Vegas...I placed a bet if it works fine if it don't well this bitcoin poor man venture capitalism is gonna have its downsides occasionally even with the legit companies i guess

Searing

Agreed, how low can they go do you think? Assuming they've covered NRE by now and it's all gravy, $50?

that would be BOTH, and he's been that way for well over a year!  Presumably his entire life thus far

some would say its simplicity, i say its cunning disguised as ignorance.

which is why he and his 'mates' are the only ones who agree with each other. and behave similarly.

pretending to be dumb to take advantage of the noobs & uninitiated ppl...

I wouldnt trust him either...  Escrow or otherwise, he's known for being a crook/confidence abuser.

he promises to 'be out' 'be done' 'be finished' fucking with us but ALWAYS comes back for more, either as his 'im a spastic, you can trust me' self or as various alt-egos that are designed for the same purpose.

misleading ppl into losing their coins, faith in people & time.

NOT. TO. BE. TRUSTED!

'KnC are so awesome you guys, they never lied to us, misled us or used us & our collective funds against us at all.... i love them and want to have their baby - hence my continued efforts at releasing one 'new hardware' scam after another'!!

Phonie - 'i cant turn left or right & i pretend to ignore ppl but stalk them with my fake accounts' X

There is nothing magical about increasing your orders at the fab. Are you suggesting their fab is running out of capacity? To be fair, I have no idea which fab they use, but given the process node and their location, Im going to guess its UMC. UMC has over 10 fabs, just one of which (Fab 12i in Singapore) has the capacity to produce 45000 12" 55nm wafers per month. HOw many chips is that? Well, again Ill have to guess, since I dont know their die size. Given that the packaged chip is 8x8mm, it would be surprising if the die was bigger than 4x4mm. At that size, there would be almost 4000 chip candidates per 12" wafer.

So that single fab theoretically has the capacity to produce a guestimated 4000x45000= 180 million chips, good for 270PH per month

Of course, Bitmain will not be UMC's only customer, there will be yield issues, etc, so  the number will be substantially lower, but whatever it is, it may not be "infinite", but its staggering and chip production capacity at this point, is clearly still a non issue.

edit: one more thing; there is a still a significant "latency" in the production process, it will take UMC ~2 months to produce whatever Bitmain ordered. But just think what the likely consequence is of that. Bitmain was a tiny startup likely with limited funds. Now they are swimming in money and can afford to order however much they need/want. The result of that is probably only just beginning to hit the hashrate graphs.

Lol, I don't think we are on the same page.  AT. ALL.

You give the impression that KNC is somehow untouchable in their domination.  It wasn't all that long ago that ASICMiner were nearing 40% of the network (or some such number) and Avalon were flooding the market.  And remember that GHash.io is almost entirely built with Bitfury machines.  And when the next wave of miners hit (ASICMiner 2, Avalon 3, BitMain AntMiner S2, Bitfury V1.2, etc), they will flood the market... and very likely well in advance of the Neptunes.

You can almost be guaranteed that the next wave will compete in all facets; density, electrical efficiency, price, availability, etc.  KNC is not going to be head-n-shoulders above anyone other than process node.  And no one gives a shit about that.  55nm was superior to 28nm in many instances.  And I see 40nm killing the most recent batch of 28nm ASICs and closing the gap even further with KNC's 20nm... if 20nm ever sees the light of day.

sry , yeah, I need checked once in a while...    lol  but I think We're on the same page still

Are you daft!  Or do you just choose not to read and comprehend entire posts.

My point, and it was clearly made, is that BitMain has not yet reached it's manufacturing capacity and isn't likely to as long as they are making money.  They will simply continue to add capacity until it is no longer profitable for them to do so.  Clearly they won't ever need to produce Apple-quantity devices but that type of capacity is right around the corner if they ever need it.


Btw, I do still have my CA Neptune preorder and will probably keep it even if it turns out to be a hosted-only option.  I'm just stubborn that way.

on the flip side of that...I think its odd for someone to think their production capacity is "infinite". The batch size of chips wont magically grow overnight, you're just foolin yourself. What you are saying, would take a chip line dedicated to producing their chips, indefinately, and having an endless supply of components to back it up. In which case there would be no batch sales...and it is. There needs to be parts. No matter what their location is. Absolutely everything in the electronic world production component wise is ordered in batches. You'd think a company nestled in the heart of silicon valley with an "All-Star" team of Guru's and connections would have such access, and look how that turned out.

Oh yeah, and I hate to break this to you, but you can contribute a significantly large portion of the recent and current diffchanges to the addition of hashpower to the Boden facility, so it's not like Bitmain or Antminer combined are responsible for the current diffchange in any overwhelming  way.

ESCROW!

I wouldn't trust you to pay me if you lost.  So, no.

Are you insane too? It went up 20x!!! It didn't "level off" in any way shape or form!!! It's going to keep going another 20x before there's any chance of levelling off happening.

I also find laughable that Phoenix seems to think that BitMain's production capacity is "finite"!

They continually meet demand down to the most recent order with almost no build-time.  The only people bitching about wait times for Ants are those with odd billing issues or those who have been scammed by 3rd parties.

I suppose technically there is some limit to their manufacturing capacity but for god's same, they're in CHINA!  And they will keep chucking those miners out until something better comes along or they've completely saturated the market.  No mercy and no bullshit Network Protection Statement!

Phoey on June 30th... we shall see.
Care to wager an entire coin on that?
Before June 30, I win. June 30 or after, you win.... bet?

Keep believing what you want to believe... that KNC is going to kill the difficulty for BitMain, Spooge-Dooties, A1 clones, etc. But you're just flat-out wrong.

If Neptunes are ever delivered (and not just hosted Jupiters), it won't happen until 2 minutes before the 2nd quarter is done.  And that means June 30th.  By that time, the plethora of 1THs+ machines currently (and nearly) shipping will have destroyed the difficulty for late June Neptunes.

Btw, that last 10% difficulty change was an anomaly not likely to be repeated again in the near future.  This next difficulty change is looking to be closer to 20% than 10%.  The Ant swarm-train just keeps on rolling along, devouring everything in its path.  Get on or get eaten.

It doesn't need to rise at 40%. Even at 20%, Neptune will never break even.

I agree, the diff will always rise, and sure... "exponentially", literally.... but at what rate? I'm betting if you add up everyone's potential "on time" cookies, it doesn't add up to any special leap in hashpower all at once, because everyone has a schedule, and the diff is indeed tapering, I posted that chart a couple times already. You will never see another surprise 40% diffchange, those days are over.

As a matter of fact, look at the date on your Orama quote, and look at this chart...  
Now tell me he was wrong!
Even a full Neptine batch of 5 petahash in a single diff RIGHT NOW would only equate to about a 12% diff increase.
I must agree if that odd surprise Isreali company actually starts delivering as advertised, combined with all other "scheduled ASIC deliveries", there would be a significant  increase to the total network hashrate, but its not going to happen in huge leaps, because again, everyone has a schedule, and FEW are on-time. The next couple months will be very interesting at the very least.

Yeah, Bitcoinorama tried to make the same argument.


The difficulty is nearly 20x what it was back then when he made that prediction.

It's not just Bitmaintech. It's all the A1 clones. And Bitfury. And Spondoolies. Etc. Difficulty is still going up exponentially.

That's nice, but that does not change the batch size or time of next batches delivery... It's a finite amount, no matter what the delivery rate is...  So again, I ask how does that mean Bitmain is going to make a huge impact on the difficulty level before Neptune ships? Total Th/s of batch is the point. Adding up every U2.. and S2 available... They haven't sold enough to make such an impact, there weren't enough available to order to so such. the cloud is almost 35 Petahash ATM. So, in order for a delivery to exact a 10% change, they would need a delivery of 3.5 Petahashes in a single diff;  and that's today. It can be done, but unless they are cranking out 3500 1 Th/s machines every 12 days already, then the chances of effecting the diff in a big way are pretty doggone slim by the figures I see, because it would take a delivery of every unit ordered in a single diff to do that, and next diff it will be over 10% harder to do the same thing, etc.... and once they deliver, "blow their wad"... complete a batch, it's wait till next batch, just like everyone else, because there"s no magic basket that's going to keep the production line going before the chips and components are there. They can talk about "ramping up" production until the cows come home, as it still has zero effect on batch size, or when the next batch will be available, unless they are behind, of course. So you see, there can not be "Continuous production", as theres no such thing unless you already have an endless supply of parts, in an non-batch scenario, which they are not. Deliveries will halt between batches; that's just the way it is.
So, on Bitmain effecting huge diffs and destroying profitability for Neptune... show me some real numbers.  I just don't see it....    guess we will find out soon  


on the "flip side".... Neptine batch 0 (CA Batch)... 1200 units times what? 4 Th/s or more?  5 Petahash per batch!
then we will see who is destroying who's profitability.

Nobody said a single batch would do it. Bitmaintech is very good at continous production. They just keep pumping out Ants every day like there's no tomorrow.

I just don't see how a single batch of S2's (1 Th/s machines) in April is going to make any huge impact on the Difficulty no matter how much they "Ramp up" production.