Bitcoin Forum

Bitcoin => Mining => Topic started by: digitalindustry on November 07, 2013, 05:25:39 AM



Title: Ok ill say it , KnC are the only conpany to efficently deliver thus control diff
Post by: digitalindustry on November 07, 2013, 05:25:39 AM
But here is the problem Even if Diff flattened now , the cost of a Jupiter should be around $2999.

Because if you correctly assume they will continue to be honest , your products will be the result of the next change .


And that's only going in one direction, like the boy band.

In your arse.


Title: Re: Ok ill say it , KnC are the only conpany to efficently deliver thus control diff
Post by: FarSky7 on November 07, 2013, 06:34:15 AM
Ya, I saw that stat where they claim 70% of all bitcoins mined today are thru their machinery. Insanity.


Title: Re: Ok ill say it , KnC are the only conpany to efficently deliver thus control diff
Post by: eleuthria on November 07, 2013, 05:57:08 PM
Ya, I saw that stat where they claim 70% of all bitcoins mined today are thru their machinery. Insanity.

Which is immediately bullshit when you factor in 15-20% of the network is GHash.io's *private* farm (not counting public miners), which are purely BitFury.  Another huge portion miners are also on BitFury.  BFL, while a shitty company, has also delivered massive hash rate.  And then you have ASICMINER, who has actually shipped a massive amount of hashrate via 333 MH/s and 10 GH/s units in bulk.

KNC is not even half the current mining landscape.  That may change if they are able to ship this second batch in full before the end of the year.


Title: Re: Ok ill say it , KnC are the only conpany to efficently deliver thus control diff
Post by: mvidetto on November 08, 2013, 12:39:01 AM
Yeah exactly, personally I would say that kncminer is probably only about 20-30% of the mining landscape.


Title: Re: Ok ill say it , KnC are the only conpany to efficently deliver thus control diff
Post by: digitalindustry on November 08, 2013, 02:10:53 AM
Ya, I saw that stat where they claim 70% of all bitcoins mined today are thru their machinery. Insanity.

Which is immediately bullshit when you factor in 15-20% of the network is GHash.io's *private* farm (not counting public miners), which are purely BitFury.  Another huge portion miners are also on BitFury.  BFL, while a shitty company, has also delivered massive hash rate.  And then you have ASICMINER, who has actually shipped a massive amount of hashrate via 333 MH/s and 10 GH/s units in bulk.

KNC is not even half the current mining landscape.  That may change if they are able to ship this second batch in full before the end of the year.

i didn't say any of that -

what i'm saying is they are effectively controlling the diff now -

as they delivered the multiple large # devices to may people and efficiently

there is a pause now until Nov 16 17 - then if it starts to ramp up again that is ultimate confirmation , but the problem is people buying a Jupiter at that point will have a hard time starting from this base.

at the price point its at.


Title: Re: Ok ill say it , KnC are the only conpany to efficently deliver thus control diff
Post by: Viperbass on November 08, 2013, 08:39:35 AM
Exactly digitalindustry, as a result we could see a topping out of hash strength in around 5 months from now until new gen miners become avail, however these will need be pushing out 10 000 GH/s minium in 7 months from now.


Title: Re: Ok ill say it , KnC are the only conpany to efficently deliver thus control diff
Post by: digitalindustry on November 08, 2013, 12:36:58 PM
Exactly digitalindustry, as a result we could see a topping out of hash strength in around 5 months from now until new gen miners become avail, however these will need be pushing out 10 000 GH/s minium in 7 months from now.

in  a way i think its possible -

more likely you will see this kind of slow crawl upwards , this will be people taking a bet on overpriced Jupiter's but those sales diminishing.

that will look like a slow crawl up from this base , then at which point KnC have seen sales diminish significantly (this will not hurt them, as they have already a successful business model )

then either one of two things happen :

KnC releases a 1 and 2 T miner and there is a huge rush again, or KnC decides to also focus on a longer term miner.

because each time the # rises the overhead is squeezed and KnC takes more risk. (not a lot more,  but more never the less)