Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Bitcoinorama
on 04/06/2013, 13:51:09 UTC
    Update#2
    I will bring a powermeter with me, just in case. Good idea with the audio recording. Here in Sweden you don't need to ask for permission as long as you partake in the conversation but it is polite to ask.

    Photos/Videos (I'll try to include objects for distance-reference)
    * Mars unit hashing
    * Mars without a cover/case …shots of the internals if possible
    * Hashing results in the software client
    * The power supply attached
    * A meter read of the power draw at the outlet – hopefully they’ll provide a monitor, or do you have one you could bring?


    Questions
    1) Is this demo unit built on the final design revision that we’ll see used at the time of full-scale production?
    2) When will Mars begin production, if it hasn’t already?
    3) Has any development work yet begun on the ASIC modules?
    4) (If you’re not able to get a wattage reading from a meter)What is the power consumption on the Mars device?
    5) What is the projected power consumption of the Saturn/Jupiter?
    6) Do you plan on discontinuing the Mars BTC miners by a certain date or a quantity sold? (See https://bitcointalk.org/index.php?topic=170332.msg2200152#msg2200152)
    7) With this modular design, how will the ASIC units be interfaced with each other, considering that additional devices may be added at a later time?
    8 ) Will these connected ASIC devices use a single shared network connection? What about the power?
    9) Why only 50.000SEK in capital? (about 5500 EUR, not even funny considering there are so many founders. no penalty for failure, so not much of an incentive for success either)
    Quote
    #9 I also saw in the thread that people think my business with Andreas has a value of 5000EUR. That is the price it costs to register an AB(limited company)

    But we do need clarification on when funds are required from us and whether delivery is guaranteed inside of designated buyer complaint periods given by the chosen payment methods, I.e. assurance that payment is made no earlier than 45 days before product is.
    10) Who pays for this really, how?
    11) Debt incurred? how much, how long?
    12) Why no ORSoC ppl on the board or directors? (not even deputy directors, only K/C wives or family?) (See https://bitcointalk.org/index.php?topic=170332.msg2200152#msg2200152)
    13) Is there an employee payroll or just founders?
    14) Why start K&C AB as a consulting/hosting firm with the ORSoC ppl aboard?
    15) K&C AB focus on miners or hosting/consulting?
    16) Where is the real office? K's house, C's house, K & C AB office, another one??
    17) What about security (data/facilities)? (why self host? no datacenters?) Disaster recovery plans? [careful, no specifics]
    18)What about patents? Potential lawsuits? (are they insured against this?)
    19)Are the founders insured? Does the insurance money cover losses/refunds? Is the company the beneficiary or not?
    20)Expecting more sale outside of Sweden than in, can they finance the VAT in-between tax return periods? (See https://bitcointalk.org/index.php?topic=170332.msg2200152#msg2200152)
    21) Project % completion?
    22) How much of the production will be financed by preorders? (possible corollary: why not more seed capital?)
    23) Obviously with the Swedes' worshiping the semi-permanent sunlight they get for the summer months causing an acknowledged lackluster in productivity (according to JJ), will this in anyway affect the design and manufacture of their Saturn and Jupiter miners? And, what realistically, are the chances of having those devices delivered in September?
    24) How can you be confident this will happen when both BFL and apparently Avalon have had issues delaying their production beyond reasonable expectations?
    25) Most important can they meet the September 2013 dateline. When is the 350gh/s Asic prototype Miner going to be out? July 2013??
    26) Will KNCMiner support P2Pool mining?
    27) Given the five way partnership with three from OrSoc and with their experience of FPGAs and ASICs in the past, how will they achieve their technical goals and how long will it take?
    28) Are there any potential third party hiccups that are likely to delay anything?
    29) What projects of similar kind have they completed before?

    Other
    1) Where are you? Office / Workroom / Lab …?[/li][/list]
    2) What else is around? Desks (with phones? ..how many?) / Workstations / Machinery …?
    3) Who, specifically, is in attendance at this meeting? Do you see other people around as well?
    4) How much noise does the Mars device produce? ..perhaps think of something comparative
    5) Do you feel much heat radiation from the Mars unit?


    dear forum members
    is it possible to do some research and find out which of these questions are already answered within the last 30 pages of this thread and the two other knc related threads or their website. i would like to only ask questions that are still unanswered and not waste precious time and patience and energy on details that have been solved.

    To be fair 29 is answered somewhat on the ORSoC and Opencores.org sites as well as via individual LinkedIN accounts, but they may have examples more relevant to this project not mentioned there.

    I would also like to gauge an idea of their own real Bitcoin mining experience.

    I want to know when ASIC Mask design will be completed? When they will be ordering the ASIC's? When they expect to recieve delivery? and why they are so confident they will meet the September deadline? Also, when can we expect other credit card payment facilities aside Paypal? (V.important).

    And why not ask about future lower entry models for those that can't afford, or want to risk $4k+ on Bitcoin, but still want to be involved.