Topic: Swedish ASIC miner company kncminer.com - page 606. (Read 3050073 times)

Last summer they taped out in june/july for their 28nm-Asics,but they confrmed tape-out in september after several people asked in the thread.

A skeptic would say that Knc timed their tape-out announcement to slow down refund requests.

If the tape-out was completed in February, why wait until March 5th to announce it when more are more refunds are being requested everyday? I don't get it.

Silly speculative doom and gloom? I normally respect what you have to offer on these forums but I find this comment slightly insulting.

I'm pretty sure Bitcoinorama and Bitconorama are not the same person..

A skeptic would say that Knc timed their tape-out announcement to slow down refund requests.

If the tape-out was completed in February, why wait until March 5th to announce it when more are more refunds are being requested everyday? I don't get it.

announced today that they have cooperated in design completion and manufacture of the world’s first 28nm Bitcoin mining AISC for KnCMiner’s flagship mining machine; "Jupiter" in just four months. The fastest 28nm ASIC created in any industry to date.

KnC partnered with Alchip and its representative, Advanced Semiconductors Technology (AST), to deliver
this advanced 20nm technology ASIC. This tapeout is the 2nd generation of the bitcoin mining ASIC following
the success of the 1st, which was delivered in a record time of 3.5 months.

Everyone knew the date and deadline, you just pointed it out along with all your other conspiracies in attempt to spread FUD, you sir are a classic FUDster and that is a fact. A review of your last months post history shows that.

edit, by the way i didn't even read ANY of the posts i quoted of yours...

but in spite of the silly speculative doom and gloom that has swept over this thread, there still might be reason for optimism among those with outstanding Neptune orders.

FACT not FUD. It's an absolute fact, based on how long it takes to fab chips. To deliver in Q2, they had to tape out in March.

FUD

First tapeout is rarely the end of work for the design team. Most chips will go through a set of spins in which fixes are implemented after testing the first article. Many different factors can cause a spin, including:

    The taped-out design fails final checks at the foundry due to problems manufacturing the design itself.
    The design is successfully fabricated, but the first article fails functionality tests.

There is no correlation between the two. The second part is *your* reading of the situation, which I'd say isn't too far away from the truth. KNC are going round telling everyone there is no reason they can't be as big as facebook - you know there is something wrong at in their arctic circles - aka their brains - when they are making those gandiose statements  

Bitcoinorama abandoned this forum almost a month ago to the day. It's easy to see where his allegence lies. He's down with the greed and megalomania and thinks knc will become billionaires and he is hoping that will trickle down to him. He doesn't give a toss about people on here, he's always been a shill with his eye solely on his own *image* and *self-interests*.

He obviously knew all about KNC's DC plans - just look at that engadget video from January. He was talking about the eventual bitcoin "winner" being the ones with access to the cheapest electricity etc.

Probably the only time he'll come back to this forum is when things start coming unstuck for KNC and they get to the paranoid, "everyone is against us" stage of delusion and they fire him. And he'll come on here claiming he quit, (as lies and spin are his forte) and he'll try to win everyone back on his side.

The guy abandoned this forum a month ago because he was well aware KNC were about to break every one of their promises and commitments to their customers who made them. And he didn't have enough moral character to stay on the forum and face everyone. Cowardly.

That's what his silence is telling you. "beware KNC has gone mad" is your own correct interpretation of the situation.

30 days left to tape out Neptune

Yes

It's already answered in their newsletter and I mentioned it a few weeks ago.

"we will simply fill your wallets directly and you won’t have to worry about anything else"


If the datacentre video is anything to go by, they are mining the sh!t out of the network and going to use those coins to pay people directly to their "knc wallet", you won't get a choice which pool your hash power mines etc.

So let's say you're forced 6 month neptune cloud hashing contract earns you 6 bitcoin. They mined it already! You'll be getting coins they've mined since October last year.

So pretty much every penny they take will be pure profit and I assume this will be used to build a 20nm product sometime in 2014/2015. They've gambled all the Neptune customers money on datacentre(s), this is the plan to make that money back before anyone realises.

I don't think the 10MW will do it, per my calculations a while back:


Which is why I think they need another building.

They will also want to have some cloud hashing power for themselves/shite-minr to sell, so they might actually need one even larger building or even 2 additional buildings to cover it all.


This?
http://www.globalsecuritymag.com/KnC-Miner-to-build-10-MW,20140206,42773.html

My recent comments are no more "mud flinging and conspiracy theories" than anything I've ever said previously. People just find them a little hard to swallow, until they come true  

Hardly scientific proof, but


What do you have a problem with, specifically, with what I've said lately?

I speculated from a bin full of arctic cooler boxes in that video I posted that the boards in the datacentre are new and additional hashing power, not just being moved from someplace else. On a scale of 1-10, I'd say that assessement is an 8 or 9 in terms of being correct.

My read on that cloud hashing guy selling his jupiters being a sign of something happening in the cloud hashing world was correct.

And my insisting on knc only providing 3TH cloud hashing for 6 months is based on a statement made by their company director. I shoot down anyone who suggests it might be 5 or 6TH for two reasons:
1. It's already been stated by knc employee that their priority with neptune is power consumption, not time to delivery or maximising hashrate. That is totally consistent that same knc employee's statement that the future of mining is based on lowest power consumption costs. And that all fits in with their datacentre being in a place with the cheapest electricity in Europe.
2. Though they promised to over-deliver etc, knc were quite forceful insisting in October that if you paid for 400GH, then that was all you were entitled to. No debate, end of story. As Sam's statement to coindesk classified it as the "latest model, the 3TH/s Neptune miner" and "3. Convert to 3TH of hosting performance for a period". That seems quite assured it's not 6TH. And as I said in my last post, knc did the absolute bare minimum to meet their obligations to customers and I see no reason why they would suddenly change now. What a company has done in the past (i.e. what they get away with) is a very good indicator of what they will do again in the future.

Sure I'm flippant sometimes, it's fun.

So why do those photos of Josh and Sam bug you? I mean, if knc are the virtuous company they claim to be, they could surely tell conference organisers they will not share a stage with BFL/Josh, if they truly felt that BFL were doing damage to bitcoin and taking advantage of people with their sales and delivery dates etc. And that knc are playing everything above board and legit and setting an example of how to do things right and don't want to be associated with people who might not be.

But they aren't, they know it and they are happy to sit next to Josh. Actions speak louder than words.


I guess I'm naive. I wasn't expecting preferential treatment. But for $7k+ I was expecting to be informed and treated well enough. If you buy a $200 psu off a company, they'll usually be very apologetic if they can't deliver on time and probably bombard you with updates and apologies etc. And if they then shipped you a duff one, they'd be even more apologetic and probably send you a replacement for free. Now I'm not expecting that, but knc should really have done 1000% better to the people they shipped their faulty die0 rigs to. Instead, they were like "Meh, go away". It all went downhill after that. I see no reason to give them any benefit of the doubt, they have screwed the people who gave them the chance to exist. It's akin to killing your own mother, for money. Pretty disgusting and greedy. I don't accept the argument that companies can lie through their teeth and that is acceptable. It's not. It's only a reflection of the beliefs and attitudes of the people who own the company and make the decisions.

I don't think they care too much about Neptune in 2014.

They will force everybody onto a 6 month cloud hashing contract. I mean, if they announce you can have 6 months cloud from June or wait for Neptune, that is going to be delayed until at least November, who in their right mind would wait?

Eventually they'll make Neptune, to pad out their arctic empire, as it will be lower power than the jupiter boards. But probably we won't see it until 2015.

In the meantime, we'll see just how much truth lies behind their February 2014 statement of "As we are getting closer to the launch date of Neptune", as time progresses.

I'm confused...

I'm pretty sure Bitcoinorama and Bitconorama are not the same person..

Also, when was the original tapeout for the chips used in the Jupiter??  It was sometime in July if I remember correctly.. so we are looking at another 3-4 months if everything goes right?