Topic: Swedish ASIC miner company kncminer.com - page 625. (Read 3050073 times)

There's no convincing some people. When you look at cex.io and ebay prices it's hard to believe they even use math to make these decisions. I don't see these as even coming close to making a ROI.

If you read their ad for their latest batch it says Q2 shipping still.  With batch 1(b) a month before while batch 1(a) is due to ship a few weeks before that batch.  So that says mid May for batch 1(a) to start shipping at the latest by their own timetable.  Although they promised Q1/Q2 delivery for batch 1 and they already have the hashrate in their datacentre to enable plan B for batch 1a.  Unless you claim that they're intentionally lying and false advertising.  To drive more sales when they're not even desperate for money. So you claim they're intentionally lying just to hurt their own reputation on purpose.  To make sure they destroy their own valuable brand name when they don't need the funding for their current plans.  Yeah that makes loads of sense.

Yes, someone is very likely to pay => $10.5k on eBay or the like to have a 3Th/s box shipped to them, so I'll at least recover my cost of purchasing the box.  I intend to mine with it for a while too, for how long will be determined by how much it is earning and how high the resale price gets. My guess is that the resale price will stay high up until the point where someone ships a machine as powerful or more powerful, so I'll have a decent margin of error for when I part with it.  I would prefer to have a large window because when I was running the Jupiter I took a certain child-like delight in having a magic box that converted electrons into play money in the house.

1. They did not promise to sell more, only indicated that they might.
2. This seems rather open to interpretation since that could easily be KNC selling earlier batch orders that were cancelled and refunded. Arguably that could be good for people who held onto their orders, as it means fewer Neptunes shipping in earlier batches and somewhat less difficulty rise.
3. Last time around I got considerably more hash power than I paid for, which was certainly adequate compensation for KNC being a couple weeks late, and then a steep discount on the next generation of hardware. Since they are not remotely late in shipping said next generation of hardware, so far, I've been taken care of.
4. We don't know that is KNC, or even if it is, if the mining is for their own profit or a client who asked for hosting. That could be a mining operation by a completely different company and for the benefit of the Winklevoss twins for all we know.
5. If they let a video crew in there, they weren't trying to keep it secret. Failing to put up a press release about it on their web page mostly indicates that KNC is doing a bad job of public relations.  I think we already knew that, but I don't recall their promise to be good at PR.
6. I don't think KNC ever promised to tell us about every business decision they make.
7. So they broke their promise to give us refunds on preorders by... giving us refunds on preorders in the same amount we paid?


I would agree if not for the fact that it is just the same few people endlessly banging on about it rather than a large number of different people with the same complaint.

Yes, it was monopoly money because it was earned with my Jupiter.  I bought the Jupiter with money I could afford to lose, made a solid profit reselling the hardware, and earned a decent amount of BTC with it before doing so.  The excess BTC is definitely monopoly money for me because it is essentially gambling winnings from my decision to figuratively roll the dice on a Jupiter. It might not be monopoly money for someone else, but as BTC is nowhere near being a stable means for storage or exchange of value, they ought to be careful if they are not treating it as such.


Actually as long as KNC didn't fold due to cancelled orders and still delivers a Neptune to me, the fewer Neptunes that people order the better for me, since my plan is to mine for a while and then resell the thing when they are still priced high for resale.  The fewer that appear for resale the better the sale price will be for me, as that will set the price floor high.

Is that bad?

Where do you have a better offer?

Knc will have 20nm first

Like first had 28nm
I am one of the first 1-500 group customer

I believe at knc

Best company by far

I don't know how I would know it was play money for the buyer unless they volunteered it, for the person who bought my Jupiter, it might be serious, but regardless, no, why would I? Whatever price they paid is <= what it was worth to them and => what it was worth to me.


I expect a reasonable measure of the prepayment for Neptunes to go to design, engineering, manufacturing, and after-sales support of them, and the rest is theirs to apply to whatever purpose they see fit. Nothing I am aware of when I bought my Jupiter prohibited them from building a cloud mining operation, though there was an implied limitation on the scale of such during the network protection period, that time has passed with Cointerra and Hashfast finally shipping. To whatever extent they've ended up in the black from mining, yes, it's theirs to do with as they see fit. They could completely change their core business and use it to go buy all of Saab's mothballed tooling to start cranking out parts for all I care, it's their money.

  Are you dreaming


This is very clear.
You can switch over, but you will not get both.
And you won't get more than 3TH/s hosted.

to your questions.

Bitfury did.

Bitfury did.

Dont know, but as far as I am concerned everybody are doing it right now.

Not true.

Who else was shipping (major suppliers) in October last year?
None.

Who was building massive cloud hashing farms in October last year?
None.

How many companies are doing that right now?

We know there is a massive amount of hashing power going onto the network daily, so you have plenty information if you've done your research, to know things are going to be awful in April onwards. The situation is nothing like October last year.

Exactly... if you've been a KnCminer client previously this is the sentiment.

With the 5 to 7 word sentence, I assume they mean the new password you have to enter. They want to bring you to use a strong password if you access your rig from the Internet. If you are behind a router or firewall in a private LAN and don't want have access from outside it doesn't matter.

Admin account is the username you used to log in into the webinterface. Normally it was "admin".

Management Network: If you access only from within your local LAN, leave it to "LAN". Otherwise please explain your situation first.

Edit: I think it will also change your root password (didn't try it respectively entred my old password). AFAIK if you change your root password in the shell with "passwd" it will not change your "admin" password for the miner website. If you change the "admin" password in the miners website, it will also change your root password.

there is no news as there are no 20nm chip for neptune they work on 28nm chip farm for them self

thanks Powell

but what about the 5 to 7 words part?  or do they mean 5 to 7 letters?

and will this change the 'root' user login name when SSHing into miner?

Merv leave the current text in there because LAN covers for your local connections.  I do not know how to setup that to accept external IPs.  Unless you had a VPN setup then you wouldn't have to worry since it will be inside and on your local network.

Jupiter initial setup page with new firmware

could someone explain what is meant by 'use personal sentence of 5 to 7 english words'

'Admin Account' <-- is this the login user name?  does it really have to be 5 to 7 words? and will this also change SSH login user name?

'Management network' field, is this where you add your remote LAN IP address that will be allowed access to miner?  or do you leave it as 'LAN RFC1918'?

I need this clarified before I stuff it up, thanks in advance.
my apologies if it's been answered before

Disclaimer: I have Oct. ASICs.

You might try UNDER volting it or it's neighbors.
You might try UNDERclocking the sleeping Die.

No reports of success so far(that I recall) but I continue to suggest it.
It's low risk if it is already 'sleeping'

It's a long read but time well spent if it results in some coin.

https://bitcointalksearch.org/topic/hacking-the-knc-firmware-overclocking-313978

YMMV

Where does KNC post news?

When the hell does Plan B start for the first/private batch??

We need some Chips information ASAP I think

I'm hoping for MIN 5Th/s! You can do it KnC! Make your customers happy one more time!