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Topic: Swedish ASIC miner company kncminer.com - page 705. (Read 3050075 times)

sr. member
Activity: 462
Merit: 250
January 24, 2014, 12:44:05 AM

The thing had actually worked well originally, I seem now finally to abe having the kinds of problems so many people started up with right out of the box.

Anyone have any idea what the thing was that would turn all the dies or ASICs or whatever back on?

Or are these newer firmwares supposed to include all that stuff themselves already?

-MarkM-


how much do you want for the dead board??  i bet a few people here would take a chance on it

I would but I only have 1000w PSUs and with 5 boards overclocked on each jupiter i am at ~910w already at the wall
hero member
Activity: 518
Merit: 500
Hodl!
January 23, 2014, 09:50:12 PM
Going from 19MM to 1.7B is a lot easier than going from 1.7B to 20B.

Unless the Redfuries and Antminer USBs are the new BE USBs, the BE cube is the new Jalapeno, the Monarch is the new single, the Antminer is the new BE blade etc etc. If you're getting "about" a power of 10 more hash at the same price point, and there's even more people interested in buying, it's not gonna be real surprising when the difficulty jumps 10x.
legendary
Activity: 2940
Merit: 1090
January 23, 2014, 09:40:16 PM
Looks like my "october" Saturn might be at end of life already.

Less than three months of mining lifetime, that makes ROI even more difficult to achieve than the basic "difficulty" does.

I upgraded the firmware to one 99-1 tuning, because I could not find the thing that used to exist that would turn all the whatzits back on.

It seems to be showing that ASIC 1 is totally dead, no voltages no nothing.

ASIC 5 is still there.

The last few days the power supply had taken to turning itself off, I guess the Saturn must have increased the load on the power supply a lot before fthe ASIC finally died.

This is not seeming to bode well for the Neptunes if this is the kinf of lifetime we can expect from them...

The thing had actually worked well originally, I seem now finally to abe having the kinds of problems so many people started up with right out of the box.

Anyone have any idea what the thing was that would turn all the dies or ASICs or whatever back on?

Or are these newer firmwares supposed to include all that stuff themselves already?

-MarkM-
hero member
Activity: 854
Merit: 500
January 23, 2014, 08:42:18 PM
Another week gone by, no Jupiters, No upgrade modules, no nothing.

See you next week.
full member
Activity: 237
Merit: 100
January 23, 2014, 08:21:50 PM
No other manufacturer even has a 3TH miner on the drawing board!
You do know Cointerra are *in production* with a 2TH device? These devices are going to be tested and certified, so most will be hashing at... 2TH.

If lots of people have 2TH hashing, it's not going to be long before they push what you can earn with 2TH down to nothing.

The very first Jupiters out of the gate were mining 1.5BTC a day. Three months later, that is down to 0.15BTC a day. And that was while none of the major manufacturers were shipping anything!

It's almost certain that knc will not ship neptune for at least 3 months [REDACTED/]if they don't tape out before chinese new year[/REDACTED] lol

Food for thought?

https://bitcointalk.org/index.php?topic=429513.new#new
http://www.ctsminer.com/product/cts-miner-stratusmine-5-ths-20nm-asic-bitcoin-miner/

Game is on 5TH is new 3TH. Intresting times at this gold rush. I would not trust anything beyond few months. Chinese are the wild card here when they mass produce something 10000units is just initial number. Bitmine is minting $$$ now and upgrading their production speed.

KnC may not be the first to ship 3TH

Press
http://www.prlog.org/12272617-new-3-ths-5-ths-bitcoin-miners-with-20nm-asics-from-cts-miner-will-revolutionise-cryptocurrency.html
“We are proud to announce that we are now accepting preorders of 1,000 units per model. The first devices will ship worldwide, the week of 7 April, 2014.


More KnC customers will jump the boat.

please stop posting scam!!!
sr. member
Activity: 504
Merit: 250
January 23, 2014, 07:59:34 PM
No other manufacturer even has a 3TH miner on the drawing board!
You do know Cointerra are *in production* with a 2TH device? These devices are going to be tested and certified, so most will be hashing at... 2TH.

If lots of people have 2TH hashing, it's not going to be long before they push what you can earn with 2TH down to nothing.

The very first Jupiters out of the gate were mining 1.5BTC a day. Three months later, that is down to 0.15BTC a day. And that was while none of the major manufacturers were shipping anything!

It's almost certain that knc will not ship neptune for at least 3 months [REDACTED/]if they don't tape out before chinese new year[/REDACTED] lol

Food for thought?

https://bitcointalk.org/index.php?topic=429513.new#new
http://www.ctsminer.com/product/cts-miner-stratusmine-5-ths-20nm-asic-bitcoin-miner/

Game is on 5TH is new 3TH. Intresting times at this gold rush. I would not trust anything beyond few months. Chinese are the wild card here when they mass produce something 10000units is just initial number. Bitmine is minting $$$ now and upgrading their production speed.

KnC may not be the first to ship 3TH

Press
http://www.prlog.org/12272617-new-3-ths-5-ths-bitcoin-miners-with-20nm-asics-from-cts-miner-will-revolutionise-cryptocurrency.html
“We are proud to announce that we are now accepting preorders of 1,000 units per model. The first devices will ship worldwide, the week of 7 April, 2014.


More KnC customers will jump the boat.
sr. member
Activity: 462
Merit: 250
January 23, 2014, 07:28:05 PM
All this talk about refunds...   why?   Giving up with mining, just leave the thread.    My 4 Neptunes....

I paid 12 BTC for my Neptune.  With refund I'll be getting about 16.

Personally I think the difficulty is going to jump at least 10 fold by the time Neptunes are delivered.
Would you sell 300GH for 16 coins today?  I would, that is why I asked for a refund.

BTW, the difficulty might jump 15 or 20 fold.  I used 10 just to give you some idea.

I am not sure why would you get 16 btc,
they would refund you back in fiat which is 10K?
KNC does refunds only in fiat.

obviously he was not a previous customer and paid $13k so he can then buy ~16btc now
full member
Activity: 194
Merit: 100
January 23, 2014, 07:28:02 PM
that's what I thought if the neptune cost 10K they will refund you 10K,
no matter what you paid for or how many btc you paid for then, rite?
hero member
Activity: 539
Merit: 517
January 23, 2014, 07:23:45 PM
All this talk about refunds...   why?   Giving up with mining, just leave the thread.    My 4 Neptunes....

I paid 12 BTC for my Neptune.  With refund I'll be getting about 16.

Personally I think the difficulty is going to jump at least 10 fold by the time Neptunes are delivered.
Would you sell 300GH for 16 coins today?  I would, that is why I asked for a refund.

BTW, the difficulty might jump 15 or 20 fold.  I used 10 just to give you some idea.

I am not sure why would you get 16 btc,
they would refund you back in fiat which is 10K?
KNC does refunds only in fiat.
full member
Activity: 194
Merit: 100
January 23, 2014, 07:22:52 PM
All this talk about refunds...   why?   Giving up with mining, just leave the thread.    My 4 Neptunes....

I paid 12 BTC for my Neptune.  With refund I'll be getting about 16.

Personally I think the difficulty is going to jump at least 10 fold by the time Neptunes are delivered.
Would you sell 300GH for 16 coins today?  I would, that is why I asked for a refund.

BTW, the difficulty might jump 15 or 20 fold.  I used 10 just to give you some idea.

I am not sure why would you get 16 btc,
they would refund you back in fiat which is 10K?
hero member
Activity: 798
Merit: 1000
January 23, 2014, 07:02:43 PM

Interestingly, KnC will have facility in Iceland at some point:
http://www.engadget.com/2014/01/10/KnCMiner-interview/?ncid=rss_truncated
at 11:30-11:45min ("[Iceland...]That's where eventually we'll go")

Wait and see.  It won't be the young guys getting the promotions who see their relatives moving to Iceland, but the relatives on their wives' side.  The wives will adjust with their kids of course but the homesickness will have them describing their new lives very glowingly to their parents, the maternal grandparents of the kids that are moved.  and for the kids, the ideal is for kids to start in a good school and move on up thru grades with as many of the early schoolmates for as far up as is possible.  It makes a different social sense than is had by children who are relocated in grammar school.  Those who don't move are much more capable of finding a position in a social structure as an adult.  Moving in childhood raises the possibility of being a loner.

wow, I didn't expect that angle. Kind of off topic but a good point.... but then again not sure how that relates to KNC and the Neptune.
soy should get off this forum and get on with that novel, as I said earlier. He moved himself into a corner wherever he is now living and doesn't have an outlet, hence here. Writing would be that outlet... and probably a better gamble for his kids college money than a neptune.

Forgive the massively off-topic comment.
sr. member
Activity: 308
Merit: 251
I like big BITS and I cannot lie.
January 23, 2014, 05:29:39 PM

Interestingly, KnC will have facility in Iceland at some point:
http://www.engadget.com/2014/01/10/KnCMiner-interview/?ncid=rss_truncated
at 11:30-11:45min ("[Iceland...]That's where eventually we'll go")

Wait and see.  It won't be the young guys getting the promotions who see their relatives moving to Iceland, but the relatives on their wives' side.  The wives will adjust with their kids of course but the homesickness will have them describing their new lives very glowingly to their parents, the maternal grandparents of the kids that are moved.  and for the kids, the ideal is for kids to start in a good school and move on up thru grades with as many of the early schoolmates for as far up as is possible.  It makes a different social sense than is had by children who are relocated in grammar school.  Those who don't move are much more capable of finding a position in a social structure as an adult.  Moving in childhood raises the possibility of being a loner.

wow, I didn't expect that angle. Kind of off topic but a good point.... but then again not sure how that relates to KNC and the Neptune.
soy
legendary
Activity: 1428
Merit: 1013
January 23, 2014, 05:27:03 PM

Interestingly, KnC will have facility in Iceland at some point:
http://www.engadget.com/2014/01/10/KnCMiner-interview/?ncid=rss_truncated
at 11:30-11:45min ("[Iceland...]That's where eventually we'll go")

Wait and see.  It won't be the young guys getting the promotions who see their relatives moving to Iceland, but the relatives on their wives' side.  The wives will adjust with their kids of course but the homesickness will have them describing their new lives very glowingly to their parents, the maternal grandparents of the kids that are moved.  and for the kids, the ideal is for kids to start in a good school and move on up thru grades with as many of the early schoolmates for as far up as is possible.  It makes a different social sense than is had by children who are relocated in grammar school.  Those who don't move are much more capable of finding a position in a social structure as an adult.  Moving in childhood raises the possibility of being a loner.  And the grandparents will find that aged memory doesn't build the same sense of home as somewhere they've lived when younger and having more vital lives and friends. 
sr. member
Activity: 462
Merit: 250
January 23, 2014, 04:17:19 PM
What would happen if we have 20-50 bil difficulty and BTC still at $800? Mad scramble for cheap electricity? It would be the most important parameter.


yes, since the high cost to mine only concerns the soon to be mined coins... many many coins out there already with tiny cost basis

legendary
Activity: 1512
Merit: 1000
January 23, 2014, 03:34:59 PM
If I asked you that exact question in July/August of 2013, what would you answer be?

Well in July and August I was telling people there would be at least 3 or 4 Petahash on the network by end of 2013, and was getting called a hyper-exaggerating panic monger.

Think we had around 10 Peta going into Jan.

So since my recent projections tend to agree with 20 billion diff around the time when you might expect Neptunes to hit your doorstep, and I was off by a factor of 2.5 before, lets say worst case 50 billion ...

Going from 19MM to 1.7B is a lot easier than going from 1.7B to 20B.
legendary
Activity: 3990
Merit: 4597
January 23, 2014, 03:08:00 PM
What would happen if we have 20-50 bil difficulty and BTC still at $800? Mad scramble for cheap electricity? It would be the most important parameter.
I have allocated fiat to both miners and BTC, will re-evaluate in 2 weeks.
It seems that most backlash here is from the ambiguous timing.
Interestingly, KnC will have facility in Iceland at some point:
http://www.engadget.com/2014/01/10/KnCMiner-interview/?ncid=rss_truncated
at 11:30-11:45min ("[Iceland...]That's where eventually we'll go")
hero member
Activity: 518
Merit: 500
Hodl!
January 23, 2014, 02:49:37 PM
If I asked you that exact question in July/August of 2013, what would you answer be?

Well in July and August I was telling people there would be at least 3 or 4 Petahash on the network by end of 2013, and was getting called a hyper-exaggerating panic monger.

Think we had around 10 Peta going into Jan.

So since my recent projections tend to agree with 20 billion diff around the time when you might expect Neptunes to hit your doorstep, and I was off by a factor of 2.5 before, lets say worst case 50 billion ...
hero member
Activity: 616
Merit: 500
January 23, 2014, 02:30:26 PM
Hmm.. some responses have been deleted..
soy
legendary
Activity: 1428
Merit: 1013
January 23, 2014, 02:20:56 PM
I'll never say a bad thing about the south again.  9:30PM my internet stopped.  On the phone with cable tech support multiple time but no good.  This morning after again getting no further than...
Up to here you has the beginning of a good novel. "192.168.100.1 status docsis 3.0 cable modem offline" kinda spoiled it for me  Grin

Yes.  Makes me wonder if all they had to do was reactivate the modem.  It was a Motorola and the replacement is a Cisco.   Could have been the webcast I was listening to.  Very left leaning NYC radio station that gives time to AlJazerra. 

While it was down I was concerned KnC would open a short window for upgrade modules or Jups.
soy
legendary
Activity: 1428
Merit: 1013
January 23, 2014, 02:17:18 PM
I'll never say a bad thing about the south again.  9:30PM my internet stopped.  On the phone with cable tech support multiple time but no good.  This morning after again getting no further than...
Up to here you has the beginning of a good novel. "192.168.100.1 status docsis 3.0 cable modem offline" kinda spoiled it for me  Grin

Yes.  Makes me wonder if all they had to do was reactivate the modem.  It was a Motorola and the replacement is a Cisco.   Could have been the webcast I was listening to.  Very left leaning NYC radio station that gives time to AlJazerra. 
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