Topic: Swedish ASIC miner company kncminer.com - page 893. (Read 3050071 times)

Yeah, but with that in mind...

KNC just sold X Neptune units to returning customers.  Lead time is 3-4 weeks before the (more expensive but same f'ing thing) Newbie Neptunes ship, per their site.  Newbie Neptunes will see 2-3 diff changes between the original N ship date and the NN ship date.

The later shipping units are more expensive, returning customer discount or not that is bullshit in the ASIC world.  Butterfly Labs raised prices for basically the same exact hardware and the community shit a thousand bricks at them.  KNC does it and it is "Fa la la, KNC loves their first customers that much!".  *head scratching*

So don't say KNC isn't in it for the money (tactical and ethical?), rather, they seem to have a good sense on how to maximize their profits while minimizing their own workload to avoid the scenario of "we sold more than we could make".  Tactical - yes.  Ethical - er, don't vendors generally lower prices in accordance with difficulty + later shipping window considerations?  Or am I missing something here?  

Agreed that for a given BTC price, there is a hash rate limit that in the long-run limits sales. However, if KnC does not do this someone else will (and are).

You can think of it this way, if the total market for Hashrate is X, KnC could either: 1) fill a large percentage of that total market hashrate or 2) let others sell that hash rate. I'd argue all they are doing by delaying the inevitable is allowing other firms to supply a larger percentage of the market.

I hope so 

The next step is OBVIOUSLY a 10Th/s machine.

KNC steps in very tactical and ethical ways! Profit is not all for this Guys! They seems akind of holy.  

Doing that may kill the goose that lays the golden egg. I think the reason Knc is doing limiting batches is to avoid driving up the difficulty to the point where it is no longer cost effective for them to manufacture new ASIC devices.

Every machine Knc delivers effectively pushes down the value of their future devices, which is one of the great paradoxes of the zero sum bitcoin mining game.

Ohhh, they have female reps?        LOL
ps. I've never called, (email worked fine for me)

I can not understand this either and KnC makes no sense in not offering Saturn/Mercury miners "in mass".

Any ASIC business usually develops a chip and then runs it for at least 1 year. Now that their first design is proven, bugs are worked out and NRE costs recouped, KnC could do large volume runs of the older line and price these things at levels that blow the competition away. Everyone will flock to them since they are proven. Or they could just offer the ASICs and let the 3rd party board developers run with it.

In the ASIC business the high-volume player always wins in the long run, it makes sense for any successful bitcoin ASIC vendor to take this route early to establish themselves. IMHO KnC is opening the door for Black Arrow or other similar ASICs to take a higher volume route with 3rd party board developers.

Take a look at this Phrase then imagine and relax!:
Our first offering  at 20nm is called Neptune following the naming convention from our 28nm range.

Seems there will other machines announces follow.  

I think it will be like this:
If you connect the Neptune  to it's OWN 20amp circuit, with nothing else, you should be fine.
Whatever you do, don't put it on the same circuit as something like a microwave, or toaster, or anything that draws significant wattage. Make sure it's on a 20amp breaker minimum.

How much power is Neptune slated to pull?  Is it beyond anything a typical US household/apartment AC outlet could feed?

It is quite the emotional roller-coaster.....   hehe

OK now I hate you

just noticed I got UPS tracking# in email......

But the reality is more like this:


And they feel like this:

Hosting provider puts a lot of trust in someone else to maintain, optimize, etc., etc., when this is all stuff I can do myself with spare time.  The hardware itself is part of the appeal, personally, which is why I handle all of the hardware for my group.  Like I said, we could run a Saturn, etc., in every single room of this house because of how power is distro'd.  But it somewhat saddens me that while I'm sitting on a pile of cash to invest in hardware and KNC has proven themselves to be a pretty reliable vendor, their option to go big or go home sucks because it is prohibitive to newcomers (who will likely get fleeced for first gen units in the usual "sell new folks hardware that will never ROI game" that so many are fond of) as well as folks who simply can't handle the power draw. 

I got a free desert the other day when the restaurant screwed up. It was in Secret, so guess I better not disclose the terms of my failure-turned-success here. LOL.   While Phoenix's Customer Service win would be nice for KnC to duplicate, (since everyone tries to better their own situation) - you can be angry at your own Customer No-Service, but still be happy for where it's successful.  Kudos Phoenix, Que sara rest. 

While I agree that KNC should offer less powerful miners, power consumption for anyone should not be a concern.  Just use a hosting provider if you're a renter or just unable to upgrade your panel.

I never liked the idea of using a hosting provider because I wanted to possess the actual equipment.  But now after dealing with a room full of gear (and growing), I'm seriously considering it.

Why is KNC not like Ticketmaster?    UUUuuuh....

Ticketmaster looks a bit like this....


KNC support looks a bit like this:


One guy gets through, and hears a sexy swedish girl's voice...and you never get them off the phone!..

All they mentally see is this:


No wonder!

The biggest problem I'm seeing with KNC - why only the Neptune?  I won't lend my thoughts to the sales technique of giving previous customers a better price and more lead time than a normal Joe off the street, but w[here]tf are the more reasonable units in regards to power consumption?  There are a lot of folks who simply can't handle the type of power requirements that a Neptune needs, so while I could run a Saturn in every room of the house I rent due to an ingenious power arrangement, Neptune, even if my group wanted one, is just not possible.

Alright, I lied, so about the pricing...  So early adopters pay $10k, newbies $13k.  So they profit at least $3k per machine, of course a lot more since they wouldn't sell the first batch at-cost.  Meaning KNC is making a mint off of people, but it seems like they (along with others) have forgotten that there is a fucking gigantic market that is drying up for the hobbyist community of miners who want to be "in the game" but can't get a custom electric line placed into their location.  This is why Bitmain is selling every unit they produce in their "auctions" - you can't find something in the 100-400GH range readily available and people are jumping at the bit to get these things.  A reasonably priced batch of Saturn/Mercury type units would sell out no problem at this point since KNC is 'proven', but all their store shows is the Neptune.  

I don't know, seems to be a losing proposition since anyone who looks at KNC now that didn't previously order is likely in the "f this" camp and looking for a different vendor.