Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
xstr8guy
on 03/12/2013, 18:16:54 UTC
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.

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.