KnCMiner Offers Updates on Neptune Miner, Introduces Hosted Hashing as 'Plan B'
KnCMiner is certainly trying to do their best to please their customers. The company has emailed customers some information regarding current products and plans moving forward. For starters, KnCMiner has announced they are ending sales of their Jupiter miners. "We had intended to offer Jupiter following the end of our Network Protection phase, however things move fast in the Bitcoin world and we have decided to end all future sales of Jupiter," the company wrote. On the topic of KnCMiner's Neptune miner - which is certainly highly-anticipated - the company said that they are continuing....
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One of the leaders in the bitcoin mining hardware market is planning contingencies for its future product lineup in case of delay. KnCMiner, a Stockholm-based bitcoin mining hardware company, has introduced a new program for its customers - Plan B. Plan B will help compensate for possible setbacks in the shipment of the company's new 20nm chip miner, due out later this year. Plan B details. "Plan B is simple," Sam Cole, one of KnCMiner's co-founders, told CoinDesk: "If we face a delay or any type, we will give each person a choice." This is a plan that the company is putting in place for....
Sweden-based digital currency mining hardware developer KnCMiner has announced that customers waiting for their Neptune mining product to ship can opt to receive a modified Jupiter rig instead. The Neptune sports 3 TH/s of hashing speed and carries a price tag of $9,995. The 20-nm miner is based on the Jupiter design, but consumes 30% less electricity at an estimated rate of 0.7 watts per GH/s. The announcement, published on the company's website, offers KnCMiner customers an alternative to waiting for the production of the Neptune line of mining hardware. Technology swap available. The....
Cryptocurrency mining hardware company KnCMiner has defended itself against claims it had potentially attempted to mislead customers with its new hosted mining offer. KnCMiner customers have recently taken to reddit to complain about the Stockholm-based company's use of small print accompanying its new offer, which removes customers' rights to benefit from the previous 2-for-1 Neptune offer. "It was never our intention to deceive people," said Sam Cole, co-founder of KnCMiner. Conflicting offers. On 28th April, KnCMiner offered every customer who had an outstanding order for the first two....
Swedish cryptocurrency mining hardware developer KnCMiner has announced that it has received the first batch of Neptune ASICs, which are the world's first 20nm mining ASIC designs. The company said in a 17th June blog post that this initial batch is currently undergoing testing and optimization. The first products based on the new chips are expected to ship this week, it added. KnCMiner also announced that its preliminary estimates on hashing output and power consumption were accurate, stating: "We've reached our initial targets on speed and power consumption. But, as this is the first day....
KnCMiner customers: pay attention! The company today released a statement on the progress of their highly-anticipated Neptune miners (just to make that point, the company sold $8 million worth of the miner - in one day). The first point in KnC's update relates to the 20nm chips: We over engineer our chips and don't promise anywhere near the actual 100% performance they could possibly achieve. This enables us to use the latest and greatest chips safely. So when you read about much longer timelines for this technology it's important to note they are not our timelines. We have a very....