Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
NetTime
on 17/01/2014, 19:32:20 UTC
Neptunes are still very much in the preliminary design phase.

a bit smelly to get this information just one day after the last batch sold out..


+1

+1

+1

I appreciate the update from Bitcoinorama but my feet are starting to get a little cold after this info. With the difficulty still climbing fast despite the failure of Hashfast and Cointerra to ship thus far, it's obvious there's a lot more incoming hashrate than I was aware of and they will ship eventually as both have working prototypes at this point. Could KNC be producing Jupiters for in house mining? It's hard to believe bitfury/gen 2 avalon could be responsible for it all...

I expected a least a little more concrete Nuptune info from KNC by this point as we're still left with a huge 5 month delivery window that ranges from a nice ROI to a massive loss for us customers that are in effect bankrolling the development of their 20nm miner. His update gives me the impression that they are not weighing the ROI of their customers in the schedule as much as they did for their 28nm development. I really hope that the "Q1/Q2" delivery is sincerely due to their uncertainty instead of intentional misleading like almost all other ASIC venders have been guilty of.

I am also really curious about what the actual manufacturing cost of a Jupiter is now that the RnD has already been paid for. It seems like it would have been a much better idea to refine their existing 28nm product which would allow them to have a 100% solid March 1st ship date as I feel a 700+Gh/s Jupiter should still be competitive by then and very easy to pull off.

I think I will wait until the end of the month and if there is still no official information about their progress I will consider asking for a refund or selling my pre-order.

Agreed on all points.  We're getting buried quick by the difficulty, and if KnC doesn't step it up so the Neptunes ship very early in Q2 we're going to be in trouble.