Swedish ASIC miner company kncminer.com

[FlappySocks]

Best to pay in fiat, and keep your coins.  Look at the Trezor.  I ordered one of those, and now it's worth $800, and it hasn't even shipped yet.

[Bitcoinorama]

Great news, 20nm!
Bad news 'Orders opening soon'!


Bitcoinorama, in hope I get not ignored I'd like to ask the following:

1) Why is the pre-order game continuing ?
     Didn't they collect enough money to fund the next gen ?!

Apparently not. To be blunt, and not sugar coat, the funding for 20nm is considerably greater than 28nm. If you are confident of your ability to deliver and the possibility exists to raise it, why wouldn't you? Would you rather they pay for it themselves and keep the tech for themselves? Mining for themselves? They want to be fair, but the are running a business, and the game is one of survival.

2) Do you have to pay the full price when opening the order books or is it like pay 10-20% up front and then the rest when it's close to shipping...?

Almost assuredly full price. No one is going to deal with chasing payments, especially after so many tried to game the VAT situation, by abstaining from payment and then complaining that they are at the back of the queue. Order queue is based in payment date.

3) How much will they approximately cost ? Would be very nice to get a clue before you actually have to pay..

Price will be released tomorrow, NRE is higher, consequently to remain competitive hashrate will have to be greater as well.

4) ANY advantage for the early investors who took a high risk and making KnCMiner's success possible in first place ?

This has been discussed and past customers will be given first refusal.

5) Will there be another batch of upgrade boards for October gen ?

Again this has been discussed, I won't make promises, depends on similar criteria to before.

Thank you very much in advance for your answers!

No worries bro, and I'm aware you have sent me a series of Q's in PMs, you are not the only one I will try to answer them shortly...

[isimme]

What I tried to underline is that:
a) I have no idea what caused my Saturns problems, my Jupiter running on the same line and same PSU type was not affected
b) The Saturns came with all boards affected by die #0 issue, (same as my Jupiter), they are running with die #0 off on 0.98
c) Both Saturns ran pretty well on 0.98.1 beta, one of them easily powering all dies, the other required more heat and was really hard to keep all dies powered on
d) Once 0.99 was released, i switched all my machines to it and for a day or two, they were running the same as on 0.98.1 beta
e) All of a sudden, both Saturns became affected with disabled cores, but in a different way: one of them simply has all cores disabled at startup (and keeps them like that) on 0.98.1 beta or official and 0.99. The other one starts normally, but after a while almost all cores on the same ASIC (coincidence?), the lower one on the web interface, gets disabled, only 0-5 cores remaining enabled on each die. Again, disabled cores are present on just one ASIC, the lower one in the web interface page.
This started at a day or 2 after 0.99 and the problem remained even after hard reset and affecting 0.98.1 as well, beta or official.
f) Both Saturns run normally (with their die #0 issue) on 0.98

My guess was that 0.99 FW somehow caused this issue, but it just persists now on 0.98.1 as well.

I initially had a similar issue with FW 0.99.
This was my fix:

1. Try flashing FW 0.90
2. Do a hard reset either via KnC recommended 5 push/5sec/5push reset or
    hold reset button about 30 sec until red light flashes
3. Pull power wait 30 sec and plug power back in
4. Enable-cores
5. Run for an hour or so despite speed not being ideal unless speed is nothing
6. Upgrade back up to FW 0.98.1 Beta
7. Hard Reset and Hard Power Cycle 30 Sec
8. If after rebooting and a hour of running speed does not seem ideal
    run enable-cores(sometimes you have to rerun enable-cores multiple times, 3 seems the average for me)

(if after all 8 steps it doesn't work try again from step 1 using FW 0.94)

------------------------------------------------------------------------------------------
These machines are extremely fickle
sometimes requiring multi boots, resets, and FW flashes
to stabilize/optimize performance but
what do you expect with leading edge hardware and
would you of rather waited for more stable(tested) hardware and lost significant profits..

[ElGabo]

Great news, 20nm!
Bad news 'Orders opening soon'!


Bitcoinorama, in hope I get not ignored I'd like to ask the following:

1) Why is the pre-order game continuing ?
     Didn't they collect enough money to fund the next gen ?!

Apparently not. To be blunt, and not sugar coat, the funding for 20nm is considerably greater than 28nm. If you are confident of your ability to deliver and the possibility exists to raise it, why wouldn't you? Would you rather they pay for it themselves and keep the tech for themselves? Mining for themselves? They want to be fair, but the are running a business, and the game is one of survival.

2) Do you have to pay the full price when opening the order books or is it like pay 10-20% up front and then the rest when it's close to shipping...?

Almost assuredly full price. No one is going to deal with chasing payments, especially after so many tried to game the VAT situation, by abstaining from payment and then complaining that they are at the back of the queue. Order queue is based in payment date.

3) How much will they approximately cost ? Would be very nice to get a clue before you actually have to pay..

Price will be released tomorrow, NRE is higher, consequently to remain competitive hashrate will have to be greater as well.

4) ANY advantage for the early investors who took a high risk and making KnCMiner's success possible in first place ?

This has been discussed and past customers will be given first refusal.

5) Will there be another batch of upgrade boards for October gen ?

Again this has been discussed, I won't make promises, depends on similar criteria to before.

Thank you very much in advance for your answers!

No worries bro, and I'm aware you have sent me a series of Q's in PMs, you are not the only one I will try to answer them shortly...

Just two questions.

What kind of first refusal will we (day 1 and 2 customers, who payed in the 7 days windows) have?

When will the order book open?

[Bitcoinorama]

The order book will likely open either tomorrow, or in the coming days.

Not sure what you mean by what kind of refusal? In any case wait and see at the point of announcement.

Dare say it will be first come first served to previous customers for a designated period of time. I have no idea of there is a limit, or whether there's a reseller program. Though of there is please use the reseller link in my sig. Ta v.much

[btc_uzr]

Bitcoinorama, thank you for the clarifying (and satisfying) answers

[Bitcoinorama]

?

I love you man but what's this?

That what happens wen you try to delete a huuuge chunk of text on an iPhone so you don't pollute the thread...

[ElGabo]

The order book will likely open either tomorrow, or in the coming days.

Not sure what you mean by what kind of refusal? In any case wait and see at the point of announcement.

Dare say it will be first come first served to previous customers for a designated period of time. I have no idea of there is a limit, or whether there's a reseller program. Though of there is please use the reseller link in my sig. Ta v.much

Sorry mate, my bad English.

So I'll try to ask it again. What kind of preferrence will the early buyers have? If they have?

For example who had a day1 or day2 order at the begining they'll give the same condition or something like that.

[monsieur]

day 1/2 customers should have no advantage over the rest of October customers, in my opinion. Day 1/2 customers were compensated enough by receiving their miners early and mining more bitcoin.

[jelin1984]

The photos with the control boards is from November Jupiter???

[RenHoek]

day 1/2 customers should have no advantage over the rest of October customers, in my opinion. Day 1/2 customers were compensated enough by receiving their miners early and mining more bitcoin.

+1

[Textplorer]

What the fuck... Why should you guys (previous customers) have a advantage?.. *stunned*  
Is it not enough that you were first and mined some coins on the first round of KnC miners?

First come, first serve <-- The only fair thing to do.

... or are you scared of the competition? (Can´t see any other logical explanation)  

[KGBSlim]

What the fuck... Why should you guys (previous customers) have a advantage?.. *stunned*  
Is it not enough that you were first and mined some coins on the first round of KnC miners?

First come, first serve <-- The only fair thing to do.

... or are you scared of the competition? (Can´t see any other logical explanation)  

Nice Sig! No wonder youre so hostile! lol

[ElGabo]

What the fuck... Why should you guys (previous customers) have a advantage?.. *stunned*  
Is it not enough that you were first and mined some coins on the first round of KnC miners?

First come, first serve <-- The only fair thing to do.

... or are you scared of the competition? (Can´t see any other logical explanation)  

Sure not.

It was a business model. They needed fund asap. We gave them....

But try not to fight on this. The Knc guys will decide....

It's up to them.

[canth]

The order book will likely open either tomorrow, or in the coming days.

Not sure what you mean by what kind of refusal? In any case wait and see at the point of announcement.

Dare say it will be first come first served to previous customers for a designated period of time. I have no idea of there is a limit, or whether there's a reseller program. Though of there is please use the reseller link in my sig. Ta v.much

Is it unreasonable to expect an email sent to KNC customers at least 24 hours before the order book opens up? There are many of us that don't feel like constantly refreshing the website (or using alerts) so that we can possibly wake up in the middle of the night to pull out the credit card or BTC.

Also, will there be a discount for BTC payments?

[ElGabo]

The order book will likely open either tomorrow, or in the coming days.

Not sure what you mean by what kind of refusal? In any case wait and see at the point of announcement.

Dare say it will be first come first served to previous customers for a designated period of time. I have no idea of there is a limit, or whether there's a reseller program. Though of there is please use the reseller link in my sig. Ta v.much

Is it unreasonable to expect an email sent to KNC customers at least 24 hours before the order book opens up? There are many of us that don't feel like constantly refreshing the website (or using alerts) so that we can possibly wake up in the middle of the night to pull out the credit card or BTC.

Also, will there be a discount for BTC payments?

+1

[Phoenix1969]

day 1/2 customers should have no advantage over the rest of October customers, in my opinion. Day 1/2 customers were compensated enough by receiving their miners early and mining more bitcoin.

Not true, ours were just as late as yours, I ordered June 2nd, and people that ordered july and august got theirs the same week I did, so absolutely not true....and we were indeed teased with promises of preferential treatment come gen2 time, and O'Rama just confirmed the possibility it may happen for a short time...probably tomorrow, so be ready.

[lemonte]

Dare say it will be first come first served to previous customers for a designated period of time. I have no idea of there is a limit, or whether there's a reseller program. Though of there is please use the reseller link in my sig. Ta v.much

Spoke to customer service today, the guy (Kurt, i think) said that the reseller scheme is on for 2nd gen

[xstr8guy]

KnC is, and was apparently the only good choice in this market! Im excited about the news but it wont sink in until my Jupiter is up and running. This Thanksgiving I am thankful that it isnt a holiday in Sweden and KnC wont miss out on precious time getting the November orders all out!

Bitfury was a damn good choice too!  Why does everyone forget about them?

[Slartybardfast]

I really hope that we who were the first to trust and fund KNC in its embryonic state get the first crack of the whip. I understand peoples frustration but a lot have since jumped on the gravy train post October release. We stuck our money were our mouths are and had to hang in there when so many just slung FUD.