The company says the "environmentally friendly" chip, capable of 0.07 w/GHs, will increase the efficiency of its industrial mining farms by six to eight times.
I call this
a very big BS. If the specs are that good why aren't they bragging about it on their main website? Coindesk has the same people invested as in KnC so it's a nice business practice to support them, but I don't believe that power consumption.
FUCK YOU KNC!
sorry to say it is there
http://www.kncminer.com/blog/newsarchivethat is not to say that it is not bullsh*t
although as far as I know no one else is doing 16nm (correct me please if I'm wrong hope it is not just these knc mopes) so if they really get 6x to 8x the hash over the 28mm and they
are like me at my 12c/hr (likely much much better) but say they get from my figures is something like for every 1 btc they make in elec they get 5 btc on the farm man i hope i have these calcs wrong (i included a guess on overhead/elec/workers etc...hell could be higher ...they would be just printing money big time with the low elec costs of Iceland (i'm sure someone will tell me that is like 2ckwh or something to add to my dismay) so for every 6 btc they make they keep 5 btc ....(man those calcs have to be wrong right it can't be higher then that could it?)
guess it goes to show ...evil knc makes a heck of a lot more money then good knc ever imagined at its 2013 start....or could imagine i guess ...went from nun to porn star for the $$$
only thing now is to hope a volcano pops up under their Icelandic thermal active area for elec generation. that the data hall sits on......(hey still better odds then me hooking up with Natalie Portman...but not by much....actually watching a volcano swallow knc's data hall I'd pass on Natalie Portman to tell the truth.....(naw...that would be dumber then buying the titan from knc ...disregard)
just hate the fact I'm gonna be hearing about these guys in the bitcoin universe for frigging years and years...argh....