Swedish ASIC miner company kncminer.com

[soy]

Is it normal for the blue ASIC power supply clip (white clip from PSU to blue cable) to get hot? The other cables aren't really hot or hot at all, but this clip is quite warm although I can still hold onto it for a while without having to remove my fingers due to the heat?

Try closing the barrels a bit so they are more snug on the pins of the mating clip.

If some, say 2 of the 4, are loose and not making good contact then the other 2 will be carrying more current and that could cause excessive heat.

How do I close the barrels? (lol)... sorry

You might take a pick and gently insert the point down one side along the split in the barrel.  Kind of a silly question isn't it?  Look at the plug, look at the barrels, figure out how to close them a bit.  Use your imagination.  Not too closed now or when you go to put in the mating plug it could jam.

[soy]

It could also be that one of the other wires had no connection. (insulation in crimp)
The remaining now have more load than they the can handle.

Without disparaging the choice of conductor material.
;-)

Nice one.

[soy]

Can someone with an eye on the market update us on the present state of our competition's shipping as well as their known future products?

[soy]

It could also be that one of the other wires had no connection. (insulation in crimp)
The remaining now have more load than they the can handle.

Without disparaging the choice of conductor material.
;-)

Nice one.

Given that there were fires, it might be prudent for KnC to whip up a test fixture that will pump 5 amps thru each conductor of that 4 conductor extension cable with a go/no-go indicator rejecting for any significant variations - this for any new miners that ship with those blue cable extensions.  Their lab could design and build one pretty quickly as it would be a one off.  A box with a red/green LED, a plug and socket for each end of the blue extension, and a test button.  Guts would have current sensing on each conductor that must fall within some window.

[Phoenix1969]

It could also be that one of the other wires had no connection. (insulation in crimp)
The remaining now have more load than they the can handle.

Without disparaging the choice of conductor material.
;-)

Nice one.

Given that there were fires, it might be prudent for KnC to whip up a test fixture that will pump 5 amps thru each conductor of that 4 conductor extension cable with a go/no-go indicator rejecting for any significant variations - this for any new miners that ship with those blue cable extensions.  Their lab could design and build one pretty quickly as it would be a one off.  A box with a red/green LED, a plug and socket for each end of the blue extension, and a test button.  Guts would have current sensing on each conductor that must fall within some window.

I can just see it now...   "Houston... we have a bad indicator light on pci 1, are we still go for throttle-up?"
Houston to Neptune...  "Change the cable Neptune"
Roger that Houston...  are we there yet?  Because the licorice dispenser is out too!



Just as an update...  yesterday...
Per Lucy Edvardsson
"We don't have more information about the upcoming Jupiter yet. We will post more information int our webpage regarding this, please keep an eye on our webpage."

I had bank woes, and she was working with me off & on all thru the day here in Hawaii, so she had to be up all night between 8pm & 2am Sweden time.
Give the girl a raise!


I really am amazed at the amplitude of floundering @ HF & CT...  
also   can anyone confirm....
I heard that too many vendors signed up for Manufacture @ Global Foundries & that they are still busy making graphics cards, giving other ASIC companies the cold shoulder 'till the other bookings on the 28nm line are complete... anyone else heard this?
If so, I guess the substrates shortage there at Global Foundries was BS?   Did seem fishy when it was stated.
I'm guessing one or more of the Graphics cards lines had a problem; a problem that moved everyone back a month or two?

[pvnamk19]

I've been trying to determine if the next unconfirmed batch of Jupiters will be worth buying and want to share my estimates. Please keep in mind that my goal is to be somewhere between pessimistic and realistic.

Assumptions:

• Next batch will be delivered by the first week of February 2014
• Hash rate will by 670GH/s
• Difficulty will increase at 25% per adjustment for the lifetime of the Jupiter
• Shipping costs will be $136.80 (based on previous Jupiter shipments)
• Power supply will cost $200
• Power consumption will be 900W @ $0.15/kWh
• $700/BTC
• No VAT or customs fees (I'm in the US)

Using the above assumptions, the next batch of Jupiters should generate 8.52 BTC before becoming unprofitable based on this calculator. Subtract the electric costs and the remaining BTC will be worth $5340.95 @ $700/BTC.

tl;dr - I think the next batch of Jupiters need to be priced below $4,995 to be profitable.

If KnC continue to sell Jupiters, they just sell $3000/Feb. Jupiter. I hope that ha ha ha

[soy]

It could also be that one of the other wires had no connection. (insulation in crimp)
The remaining now have more load than they the can handle.

Without disparaging the choice of conductor material.
;-)

Nice one.

Given that there were fires, it might be prudent for KnC to whip up a test fixture that will pump 5 amps thru each conductor of that 4 conductor extension cable with a go/no-go indicator rejecting for any significant variations - this for any new miners that ship with those blue cable extensions.  Their lab could design and build one pretty quickly as it would be a one off.  A box with a red/green LED, a plug and socket for each end of the blue extension, and a test button.  Guts would have current sensing on each conductor that must fall within some window.

I can just see it now...   "Houston... we have a bad indicator light on pci 1, are we still go for throttle-up?"
Houston to Neptune...  "Change the cable Neptune"
Roger that Houston...  are we there yet?  Because the licorice dispenser is out too!



Just as an update...  yesterday...
Per Lucy Edvardsson
"We don't have more information about the upcoming Jupiter yet. We will post more information int our webpage regarding this, please keep an eye on our webpage."

I had bank woes, and she was working with me off & on all thru the day here in Hawaii, so she had to be up all night between 8pm & 2am Sweden time.
Give the girl a raise!


I really am amazed at the amplitude of floundering @ HF & CT...  
also   can anyone confirm....
I heard that too many vendors signed up for Manufacture @ Global Foundries & that they are still busy making graphics cards, giving other ASIC companies the cold shoulder 'till the other bookings on the 28nm line are complete... anyone else heard this?
If so, I guess the substrates shortage there at Global Foundries was BS?   Did seem fishy when it was stated.
I'm guessing one or more of the Graphics cards lines had a problem. that moved everyone back a month or two?

My noontime network hashrate record now shows over 10,000,000GH/s twice in the last 4 days.  Still I've seen some lucky hashing tho the payout per share has dropped.  Wonder how shocked I'll be at the rise once the competition really gets down to shipping.

[rolling]

I've been trying to determine if the next unconfirmed batch of Jupiters will be worth buying and want to share my estimates. Please keep in mind that my goal is to be somewhere between pessimistic and realistic.

Assumptions:

• Next batch will be delivered by the first week of February 2014
• Hash rate will by 670GH/s
• Difficulty will increase at 25% per adjustment for the lifetime of the Jupiter
• Shipping costs will be $136.80 (based on previous Jupiter shipments)
• Power supply will cost $200
• Power consumption will be 900W @ $0.15/kWh
• $700/BTC
• No VAT or customs fees (I'm in the US)

Using the above assumptions, the next batch of Jupiters should generate 8.52 BTC before becoming unprofitable based on this calculator. Subtract the electric costs and the remaining BTC will be worth $5340.95 @ $700/BTC.

tl;dr - I think the next batch of Jupiters need to be priced below $4,995 to be profitable.

If KnC continue to sell Jupiters, they just sell $3000/Feb. Jupiter. I hope that ha ha ha

I think $2995 for previous customers would be a fair price for a January Jupiter @ 675 GH/s.  Anything higher than that is not really profitable especially if they are not delivered until late Jan/ early Feb.

[vesperwillow]

I heard that too many vendors signed up for Manufacture @ Global Foundries & that they are still busy making graphics cards, giving other ASIC companies the cold shoulder 'till the other bookings on the 28nm line are complete... anyone else heard this?
If so, I guess the substrates shortage there at Global Foundries was BS?   Did seem fishy when it was stated.
I'm guessing one or more of the Graphics cards lines had a problem; a problem that moved everyone back a month or two?

GPU OEM's have been faced with a huge shortage at the factory level, that is a fact. Would make sense that there's a foundry issue which is part of the problem, the other part being miners wiping out inventory.

I think $2995 for previous customers would be a fair price for a January Jupiter @ 675 GH/s.  Anything higher than that is not really profitable especially if they are not delivered until late Jan/ early Feb.

Considering it's not a new product line, they shouldn't/likely-won't provide pricing or special buying opportunities for current customers. It'll be a fire-sale like with the modules. They've hinted at this already, saying to have your coins ready (directed at everyone).

[rolling]

I heard that too many vendors signed up for Manufacture @ Global Foundries & that they are still busy making graphics cards, giving other ASIC companies the cold shoulder 'till the other bookings on the 28nm line are complete... anyone else heard this?
If so, I guess the substrates shortage there at Global Foundries was BS?   Did seem fishy when it was stated.
I'm guessing one or more of the Graphics cards lines had a problem; a problem that moved everyone back a month or two?

GPU OEM's have been faced with a huge shortage at the factory level, that is a fact. Would make sense that there's a foundry issue which is part of the problem, the other part being miners wiping out inventory.

I think $2995 for previous customers would be a fair price for a January Jupiter @ 675 GH/s.  Anything higher than that is not really profitable especially if they are not delivered until late Jan/ early Feb.

Considering it's not a new product line, they shouldn't/likely-won't provide pricing or special buying opportunities for current customers. It'll be a fire-sale like with the modules. They've hinted at this already, saying to have your coins ready (directed at everyone).

The whole purpose of the network protection statement was to protect their customer's share of the network.  Why would they sell to the public?  That would be the opposite of protecting their customer's share of the network.

[vesperwillow]

The whole purpose of the network protection statement was to protect their customer's share of the network.  Why would they sell to the public?  That would be the opposite of protecting their customer's share of the network.

Because they've already done it in the past.. and in their recent announcement, they let everyone know to be ready. The protection statement itself was mostly a gimmick anyhow.

[Phoenix1969]

The whole purpose of the network protection statement was to protect their customer's share of the network.  Why would they sell to the public?  That would be the opposite of protecting their customer's share of the network.

Because they've already done it in the past.. and in their recent announcement, they let everyone know to be ready. The protection statement itself was mostly a gimmick anyhow.

Uuuuh... Maybe because we are the public. You expect them to limit sales from now on to previous customers? I wish....lol
We already had the customer appreciation sale, and the network protection period is over since someone besides KNC is delivering...

[soy]

The whole purpose of the network protection statement was to protect their customer's share of the network.  Why would they sell to the public?  That would be the opposite of protecting their customer's share of the network.

Because they've already done it in the past.. and in their recent announcement, they let everyone know to be ready. The protection statement itself was mostly a gimmick anyhow.

Uuuuh... Maybe because we are the public. You expect them to limit sales from now on to previous customers? I wish....lol

But we did pre-order from an unproven company.  I wonder if I listed my Bitcoin proceeds as gambling returns my tax exposure would be more or less.

[rolling]

The whole purpose of the network protection statement was to protect their customer's share of the network.  Why would they sell to the public?  That would be the opposite of protecting their customer's share of the network.

Because they've already done it in the past.. and in their recent announcement, they let everyone know to be ready. The protection statement itself was mostly a gimmick anyhow.

Uuuuh... Maybe because we are the public. You expect them to limit sales from now on to previous customers? I wish....lol

Not from now on,  just during the network protection period...and people who sold all of their equipment should be excluded too.

[Phoenix1969]

The whole purpose of the network protection statement was to protect their customer's share of the network.  Why would they sell to the public?  That would be the opposite of protecting their customer's share of the network.

Because they've already done it in the past.. and in their recent announcement, they let everyone know to be ready. The protection statement itself was mostly a gimmick anyhow.

Uuuuh... Maybe because we are the public. You expect them to limit sales from now on to previous customers? I wish....lol

But we did pre-order from an unproven company.  I wonder if I listed my Bitcoin proceeds as gambling returns my tax exposure would be more or less.

That can't tax you for online gambling in the USA... because online gambling is illegal here...
But you may run into other problems....  like the gambling site you use disappears one morning...
and all the BTC get confiscated....    ug  be careful!
If you enjoy gambling...  you should try trading on an exchange... it's legal... and they do have tax in place for commodities trading.....(USA deemed BTC a commodity) but have yet to enforce on BTC...

From the tax dept on commodities:
There are favorable tax rates for commodities as they are taxed at 60% long-term capital gains and 40% short-term capital gains. Long-term gains are capped at 15% and short-term gains are taxed at your ordinary tax rate, which depends on your adjusted income. You do not have to worry about accounting for and listing each individual trade on your tax returns. You just need to know your net profit or loss."

@ 60% lt and 40% st...  they are stealing from us, straight up.... and they call that "favorable"....   Jerks.

[soy]

The whole purpose of the network protection statement was to protect their customer's share of the network.  Why would they sell to the public?  That would be the opposite of protecting their customer's share of the network.

Because they've already done it in the past.. and in their recent announcement, they let everyone know to be ready. The protection statement itself was mostly a gimmick anyhow.

Uuuuh... Maybe because we are the public. You expect them to limit sales from now on to previous customers? I wish....lol

But we did pre-order from an unproven company.  I wonder if I listed my Bitcoin proceeds as gambling returns my tax exposure would be more or less.

That can't tax you for online gambling in the USA... because online gambling is illegal here...
But you may run into other problems....  like the gambling site you use disappears one morning...
and all the BTC get confiscated....    ug  be careful!

No worries.  My gambling is limited to pre-order bitcoin miners (biggest value gamble I ever made) and a buck or two on FantasyFive if over $200k.

For a while when I was younger and not finding work in my field I delivered parts to garages for a local autoparts store (non-national).  I was impressed with one of the owners telling his bookie 3k on a game.  My Merc was right up there with that.

[Phoenix1969]

hahahaha, sweet..... no worries...  same here!

[jelin1984]

new firmware is out
0.99-1-e

[Phoenix1969]

new firmware is out
0.99-1-e

that was a few days ago bud.... where ya been?

[jelin1984]

xmas
  >