It’s not every day you get to see a machine designed to mint money.KnCMiner is a Stockholm-based hardware company that has single-handedly changed the face of Bitcoin mining.Their products sell out almost instantly – the $5,000 Jupiter is already gone – and, amazingly, the company actually ships.In a world of charlatans, broken promises, and outright lies, it’s refreshing to find a company like this one.I spoke with Alexander Lawn, the public face of KnCMiner, on his way through New York.He brought one of his rigs for my perusal and I can report that it looks great, works, and is a real, shipping product.Alex joined the company after critiquing it online in Bitcoin forums, an interesting way to get noticed.He has worked with the team, including Andreas Kennemar and Marcus Erlandsson.The hardware itself is highly specialized.Because each ASIC board needs a massive heatsink and fan, most of the metal case is open to allow the free flow of air.A small control board runs to IO and the rest of the cables are power – one power supply per board.

It’s like looking at some sort of strange lifeform dedicated to breaking down a very specific amino acid.This rig can mine at 550 gigahashes per second.For comparison, the average graphics card miner tops out at about 100 MH/s.When these machines boot up, the market notices.This is the second edition of the Jupiter miner and the hardware already moved markets… and is already discontinued.Owners will be able to easily upgrade their hardware over time and update the ASICs as necessary.Where is KnCMiner heading next?Their latest miner is the fastest in the world to date and sold $8 million in orders in a single day.Pre-order pricing is $12,995 and the company plans on selling a mere 2,400 units.The Jupiter is truly bespoke hardware.The chips are designed in Stockholm and the entire system was built in Sweden.They are as rare as Fabergé eggs at this point and the demand is only increasing.Lawn described one encounter with a Russian customer who called up asking if he could bring a bag full of cash to buy a miner.

Alex calmly explained that there was a waiting list and that they were sold out.The Russian grunted and said: “I’ll bring more cash.”KnCMiner has finished production of its Jupiter bitcoin mining rigs and has started shipping to customers.The Sweden-based company revealed in a YouTube video that the Jupiter will mine at over 550 GH/s with a theoretical limit of around 576 GH/s, which is considerably higher than the 400 GH/s promised back in July.bitcoin ngân hàng nhà nướcIn the video, KnCMiner co-founders Sam Cole and Marcus Erlandsson show off the Jupiter rig in action and demonstrate its hashing power.bitcoin stampa"It has been a long summer and to have predicted our own deadline from five months out and hit it with 45 minutes to spare just proves how hard we have worked over the last few months," Cole told CoinDesk.bitcoin robin hood

He went on to say the KnCMiner team has enjoyed proving to the community that it is possible to produce rigs in a short timeframe and encouraged them to push all existing and new hardware companies to deliver on their promises.Cole said the company is now focusing on producing as many boxes through its production facility as possible.He added: "We have 22 stations manned by assembly experts to make sure we can keep on top of the orders and have the boxes ship as soon as possible.bitcoin creator deathOur engineers have also been working through the night to tune the power consumption and the latest test indicates that we will have a much better result than 1.4 watts at the wall."bitcoin cmeCole explained that if the team can make the firmware stable it will pass on all savings to its customers.ethereum watch contract

Cole said he would like to thank D.Wolk and everyone who has offered encouragement to KnCMiner: "We would like to thank all of our customers who believed in us since the start all those months ago.It has been a wild ride and we really appreciate all the support we have been given."He concluded that he is looking forward to unveiling the plans for the company's Gen 1.5 and Gen 2 devices in the coming months.bitcoin conference irelandAre you waiting for a Jupiter to be delivered?bitcoin usage in singaporeLet us know what you think of it when it arrives.bitcoin eth chartSo, Ive studied astrology for about 14 years and have found it to be useful, I've never applied it to markets but I decided I would see if there was any relationship between jupiter/saturn and out of curiosity and I was surprised to find a few really compelling correlations.

and Saturn are an astrological duo and generally considered to be business and law oriented planets, they are considered to be representative of expansion and contraction.What I noticed when I plotted it out wasn't any direct correlation to expansion or contraction but there were some pretty much exact points of market shift relative to one or the other planet switching directions.The most interesting ones to me were: July 22nd 2014 uptrend line breaks followed by descent --- saturn goes direct 8th 2014 uptrend line breaks followed by descent --- goes retrograde July 8th seems to be right at that bottom --- saturn goes direct I dont know about the rest of it but those were key moments and they line up pretty much exact.What's interesting to me is that their next shifts are coming up in the next month, saturn goes retrograde on March 15th and goes direct on April 9th.is currently following an uptrend line.If I was to go out on a limb and make a prediction based on this it would be: Uptrend breaks @ ~$252 on March 14-16th followed by a forming on April 8-10th @ ~ $180 who knows?