Topic: Swedish ASIC miner company kncminer.com - page 655. (Read 3050074 times)

I like comparisons but I'm not sure this is valid.  Can the question why don't bitcoin mining gear manufacturers mine for themselves, be compared to pharmaceutical companies asking why cure herpes when they can profit from treating the many diseases that result from herpes family viri?  Nah, I don't like it.  The comparison brings in unrelated elements from fields afar that are too complex.

I agree we don't know.  One might suspect the non-exact nature of the Plan B is to trigger refunds leaving those earlier order numbers free to take for its own farm.  A linear increase from returns in the first week Dec to the first week in Feb continued to the _first week in June_ shows an impossibly low mining return for the cost but luck in the last week hasn't been good and that could have fudged the plot.  Also, the plot might not continue in that linear progression as it's been exponential so far not linear.  But the falling return has to take a toll on the sale of new miners.  But new KnC miners did pay off.  But the comparison of the return of a new Merc when it arrived to its harvest now even having an additional board is stark.  And the linear plot continued to the first week in June shows a 3.6THs Neptune harvesting less than the pseudo-Saturn at present, not less than the Merc when it first arrived but less than the pseudo-Saturn at present.  So that hashrate climb cannot continue unabated. or can it?  I'm not confident it won't, after all these are magic money printing machines that anyone can buy.

I'm just listening a song.

"Welcome to the jungle".....

 

They were making over 800 boards a day (shipping 200 Jupiters a day @ 650+Gh/s each)during November... 3.6 peta(3 batches of 1200) by April or June (end of q2) isn't a problem.  
With those numbers... 650 Gh/s x 200/ day is 130Th/s a day....  they could have the entire 3.6 peta-hash whipped out in 28 days, based on OLD numbers.
No problem there... The challenge is.... can the data center be erected in time?... probably not... But with the current facility, and a couple smaller temps.... It could be done.... BUT   They need to have already started, and not wait until they "know for sure" Neptune is going to be late to dinner.... (Which we all know, they DO know, or the news and announcement would have never been given.)
So..... why not?....  they could be leasing any number of buildings, and have not shared any details... 15 mil profit made from Jupiter means they don't even need to touch Neptune money to do it. So all this conjecture and FUD is simply from fear....  and calculation!.... but wait!!! Calculation based on what?  Nobody knows what the offer is, or when.  It could be 5 th/s hosted beginning in April hosted for a year or until Neptune ships... The simple fact is we don't know! We made boo-coo from the Jupiter...and they are still pumpin'  (Some miners better than others)so give them a chance....  they are honoring refunds, and you will kick yourself in the ass if the offer is a good one, and you bailed already.... especially if you've been cashing out your coin as you made it, or on high-points.. and coin goes to 2 grand or above.... and calculating profit based on BTC return is ludicrous, because no calculator can show us ROI in BTC on ANY miner ANYWHERE, anytime soon.  Just sayin'    Either way... whatever you decide... Good luck.

and disappointing news so could it be. 

With all tension that we see here, I don't think that they have another month to wait.
First-they already floated a trial balloon re "about 6 mo free hosting"
Second-next week there is a large bitcoin conference in Germany that KnC is a gold/major sponsor of.
Could be good publicity for them to release the news during the conference.

It is a good thought.

http://www.google.ca/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&cad=rja&docid=CldvKNXxiO85YM&tbnid=spcbyZibIa0RaM:&ved=0CAUQjRw&url=http%3A%2F%2Fwww.keepcalm-o-matic.co.uk%2Fp%2Fkeep-calm-and-believe-in-flying-pigs-3%2F&ei=l1b2UuTEGsPTqgGNmoDAAQ&bvm=bv.60983673,d.aWc&psig=AFQjCNH3wfHuWt9TqB6Hh8QYNggqpV90Lw&ust=1391962134623800

Hold onto it...

Hahaha then that would make the "good news" the Plan B crap

i was once a knc fanboy. i got a jupiter and made a decent amount.

but,the last two months knc let us alone in the dark. the last newsletter was a eye opening fact.

knc is the new evil people. the hashrate will skyrocket to another galaxy...

http://www.thewhir.com/web-hosting-news/bitcoin-miners-building-10-megawatt-data-center-sweden

That was the week before the Plan B announcement...

Hope tm

I bet that knc will have good news these week for us 

I got $20 that says that news doesn't come in the coming week or month.

I'd hazard something like this is whats going to be their new hosted 28nm miner. Without the die shrink but with further tweaks to the design they should get to 1TH per box easily, especially in a properly designed datacenter.

Unless they have fabbed out the new 28nm chips already.  Then there's no chance of giving us the hashrate by mid-April.  Which is when it needs to come online to ROI in bitcoin at current average difficulty growth.  Also, I wonder if they'll be using a new IC design for these new 28nm chips.  If so and it's more efficient than the old design.  Then why don't they offer us to take delivery of the equivalent hashrate with the new 28nm chips.  Instead of waiting for the 20nm chips.  Just ship us the racks that they'll be hosting I say.  If they design new more efficient 28nm chips and boards.

Extra "Plan B" hashrate for customers won't mean much if they wait until after Q2 to give it to us.

Now if they give it to us the moment the mega center is complete, then KnC is officially the best company out there hands down.

Hopefully it is turned on in the order the various batches were sold.

likely true....even if they are trying to be 'legit' on all this...if i can't get the miner virtual or otherwise before april 1st i'll likely refund...I see 40% plus difficulty rises thru the next 6-8wks...so it just won't cut it...virtual miner or physical miner at 3Th at the price ...especially if they are gonna also make the worlds 'biggest hashing farm" as they state

really have to pull out my ear plugs and suck it up ...the "fat lady is singing' it seems

will hold out a bit longer...if i get a refund now you just know they will release virtual miners march 15th or some such with my luck

it should become pretty obvious soon if they are on time or late or more then late...add  difficulty increases etc...should be plain as mud what to do in say 3-4wks

as long as i can get a refund up to shipping of the "actual product" (hmmmm wonder how that works for virtual if you don't want it)

anyway fence sit some more (good to have goals)

Searing

knc will do all the best for us i think

the problem is the 20nm is very unique  so maybe the knc factory can not make it in time

I just see no upside to "Plan B".  I honestly believe that we'll never see KNC's 20nm ever.

I never thought I would say this but come Monday morning, I'm asking for a refund.  I see no upside to this especially when BTC is quite a bit lower than when I paid for my cust. appreciation batch Neptune.

I've made fun of "buy & hodlers" for many months.  But I think I'll take my 10k and B&H BTC with it instead.

KNC can suck it!

If the plan is to not refund...  which is what they want....
I'd choose the Plan B option if it was sooner, than later...  I'm wondering now if the 20nm will be before Q4 with Sam's comments on Apple's 20nm.... but with that said...   I hope the shake & bake hosting facility can be built quickly, or they can use their current facility until it's ready... seems scary. So...  What we are going to need from KNC to  avoid a total refunding rush(and I think they know this)... is an attractive offer on the hosting... soon.
But I'm also curious about future business...  this is the end of buying machines from KNC?

edit:   I also wonder if the "delivery" of said Hosted hashing power will follow the format laid out on actual Neptune delivery...?
         That could pad a bit of time...   and what about their current facility in Stockholm.... can it be used to pad the transition also?
         with a minimum of 3.6 peta-hash per batch.... ugh.  megawattage.  This will be interesting.