KnC Miner released newest news letter updates sadly they still focus on Scrypt mining

Surprising to me that KnC miner still doing scrypt mining hardware. Scrypt been dead for a while in term of conversion ratio to Bitcoin and ROI. Anyone whom purchased a $3,000 scrypt miner a few weeks ago know that they’re not making any money and most likely will never get their ROI back. The price of scrypt miner hardware dropped drastically. $3000 a few weeks ago, today is $500 to $800, what a different, on top of that no way people can make money with scrypt. It is way better to do straight bitcoin sha256 mining. Even with stable LTC and Dogecoin, still cannot get ROI as better as SHA256 bitcoin.

News Roundup from KnC Miner, August 14, 2014.
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Titan Moving Forward

Our new Titan Scrypt Miner is finishing it’s first run in fabrication this weekend with wafers being sent to the next step: encapsulation. As so, we’re awaiting completion and the arrival of the finished chips in Stockholm, Sweden, where they’ll move into our testing and assembly phase, for delivery.

We can also announce today that The Titan chip will use a PCB (board) with the same physical dimensions and footprint as the one we’re using on our Neptune product, while requiring substantially lower wattage. It is also delivered using our new modular design system. We’ll update this space as soon as we can announce first delivery of the new Titan Scrypt Miner, and will release exact specs after real-world testing has completed.

Neptune Receives Rave Reviews

We’ve finished shipping batch one of our Neptune Bitcoin Miner and deliveries of batch 2 units will commence shortly.

Since the Neptune was released it’s firmware has been updated and Neptune owners worldwide have been fine-tuning their settings to achieve maximum efficiency. Through this widespread deployment we’ve been able to gather info on how much power they consume in different environments, voltages and setups – and can conclude that the Neptune is the most efficient Bitcoin miner on the market today.

Here’s a comparison chart with the a few of the most talked-about hardware miners’ power requirements as reported by their users online – or – as stated/promised by it’s manufacturer (one may read such claims with a ”grain of salt”).

POWER (J/GH) – at-the-wall

0,57 J/GH – KNC Neptune – 1950 watts at 3400 GH/s (reported average)
0,62 J/GH – Bitfury BF3500 – 2200 watts, 3500 GH/s (stated, unconfirmed)
0,76 J/GH – Spondoolies SP30 – 3200 watts at 4200 GH/s (reported average)
0,77 J/GH – Antminer Bitmain S3 – 388 watts at 441 GH/s (reported average)
1,10 J/GH – Terraminer IV – 2200 watts @ 2000 GH/s (stated, unconfirmed)
1,20 J/GH – Avalon3 – 350 watts @ 290 GH/s (stated, unconfirmed)

”Reported average” = average real-world figures as reported by users.
”Stated” = as promised by it’s manufacturer, not sufficiently confirmed by user reports.

The Neptune Bitcoin Miner has actually reached even lower figures in specialized setups, as low as 0.43 J/GH, as reported by some of our customers.

During the weeks since our customers started up their Neptune rigs we’ve gotten lots of positive feedback and glowing reviews. To sum up some of the sentiments and opinions we’ve also asked our own customers to answer a series of questions on how they experience their Neptunes, if there’s anything missing and what they’d put on a wish list for our next product. Those answers are now pouring in and we’ll update this space with a summary in a few days.


The KnC Team, Stockholm, August 14, 2014.

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