So is this the new norm? Look for "bad news", price crashes temporarily, and then goes back up 10-15% in a matter of hours? Seems like its been happening frequently in the last few weeks.
Yes it has, but it hasn't risen back to where it was like it used to. Volumes of transactions are very low, larger numbers of companies accept bitcoin now as payment but are actually exchanging them for currency via Bitpay or similar and actually selling the bitcoins in reality. There's not going to be much incentive to mine them soon if their value drops to the region where a 10k rig doesn't stand a chance to break even, a lot of big ASICs wont even pay their power bills...then we'll have the rollercoaster on mining too as difficulty rises and falls. Tough times, and they won't get better by us thinking they will.
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where does it say batch 2 neptunes are nonrefundable?
read the terms. They stopped refund availability after batch 1. ..and now we know why. Hope things work out better than they look for their faithful customers and funders from the start. What a massive stab in the back. Reputation destroyed. Sad.
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So, here's they way I read it, as a follower of knc, and 'scammer' should you wish to believe that.
Whilst struggling to compile 20nm chips, KNC will be hosting equivalent TH/s for B1 customers using 28nm, with no hosting fee. Of course, had we anticipated the time-scale of the release of 20nm tech in October last year, we may well have questioned KNC delivery dates there and then and held off funding their operation with our pre-orders.
Succinctly, although hypothetically, here is how I might consider the overall view, had I been an engineer working on 20nm technology;
If I had designed a 20nm chip, I wouldn't be building bitcoin mining rigs with it, i'd be selling off the rights to massive global corporations and making billions of $'s. (that's $cottish Dollars, to make it simple for those who are unsure.)
I'd advise cancelling your KNC orders and asking for refunds. It'll be 2015 before we see a stable 20nm chip in a bitcoin mining rig.
best wishes,
R
You wouldn't make much from 20nm when Samsung and Intel are already on 14nm I think. Google it.
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Over the next few months we are bringing online enough hashing power to make sure that any delay in the Neptune timeline will be compensated with a completely free hosted hashing packages to all fully paid customers. In the addition to this commitment, as part of Plan B, for all Neptune customers, we will be offering a free conversion to a hosted hashing package where we will simply fill your wallets directly and you won’t have to worry about anything else. All the other costs taken care of by us. We are able to do this by using our 28nm chips which is why all products that we have coming out of our factory in the next few months will go into building and supplying the Plan B facility. So if I read this right. We're not selling Jups or any 28nm kit to you, were building loads now though and mining with it for ourselves and building ourselves a datacentre and you'll get free hosting on your Neps ? I'd love to know how much hashpower they intend to add. It looks to me as if instead of protecting us customers, they are intent on making life harder by joining the other ASIC suppliers increasing the difficulty and reducing our income from the rigs we have now (which we can't upgrade or replace from them). A few people have said this would be their path. They make more mining than selling given that they only have the cost price to earn back. I'm fairly sure that they said they'd limit their mining though right at the start. Now they are competing with us. Lovely. We don't need to watch Cointerra and the rest, we know for sure that KNC can produce good kit pretty quickly with no problems at all in huge quantity. Disappointed in them. Not surprised though. They seem to have forgotten their existing customers quite easily.
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tedious to always press the go button, can you do it so it work for one time only per location?
Select more than one hunter then press it. Every move costs you money. Assuming that's what you mean..hard to understand. Seems to be working now for me, except not mining or being incredibly slow on a CPU. Taking a lot of resources too. I'll leave it running and see if it manages a coin eventually. Wish I hadn't given my little ASIC away now lol
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Snailbrain said this was experimental, said it might hit problems. Sadly he was right. You can mine with a CPU, so you don't need to lose any hashpower from other coins until it's working 100% You haven't lost anything, you just thought you'd set a mining rig on this to get a pile of easy coins and it didn't fly. Boohoo. My ASIC mined BTC all the time I had heaps of trouble with this, I still haven't got it working well but I didn't expect something EXPERIMENTAL to be perfect from the get -go so I didn't risk anything.
Greedy people trying to sell unconfirmed coins already and for mad prices? FFS
Why all the spitting out of dummies? Something brand new isn't working properly, a load of people here are whining yet obviously haven't read the helpful posts in the rest of the thread never mind the OP ?
Chill the fuck out. Please. 1st day isn't even over yet. OP has been on it for days and for the last 24 hours as he just posted ...he's gone for a sleep. No point in asking him to fix or reply unless you think he can do that while asleep?
We'll be fine. Give Snailbrain time to sort it out.
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Amazes me how just because Americans can't do something (like run Neptunes in houses due to the piss poor wiring) they assume there's no market or it's a mistake in the design? Most of us have no problem with that at all. The company is Swedish, they sell in China and Europe and can easily find people able and willing to buy and run their rigs.
As for KNC stopping posting in this thread, they hardly posted in their own forum so that's no surprise. They DO communicate well though, when they want to sell something. Once they have your money they haven't much reason to. Look back at the 1st batch, that's what happened.
People keep forgetting that KNC are the promotions/media company, they get engineers to do the real work ..so they don't know enough to communicate with people like you who ask hard questions. Again, look back at the last batch and people who had problems with hosting and faults...they had a mare of a time getting them to even answer the fucking phone never mind get any direct answers.
If the bitcoin price had gone the way we thought it would when we ordered the last batch, we'd be about 200 now, maybe 300? So that would be no break even in either dollars or XBT for the vast majority if not all of us. We got lucky. It's unlikely that kind of thing will save anyone in the next few months is it?
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Not been in sych yet for more than a few minutes.
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so does this merge mining thing mean I should not bother participate with typical laptop mining as those sha256 asics and big gpu rigs out there will take all the coins?
My "big ASIC" is a bit busy mining bitcoins to set it mining for 20% of available coins, not when playing the game manually I can get a share of the rest. Maybe when a pool merge mines, but none do right now.
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There're already coins on the map T____T I wanna playyyyyyyyyyyyyy
Edit: Also, the map is much too laggy for me to use, hope it's not the same in the client...
I think it's just a beta map, not the one from the real blockchain. Testnet, it hasn't moved since earlier today. Very laggy lol
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Who wants to form up a gang? I figure we split up, cover the entrances and crush the miners as they try to return...
Then the members of your gang who weren't also killed with the hunter pick up the coin and have to get back to their home spawning ground...assuming someone didn't pop along and mop you all up and bank the coins you stole You have to go a long way from one entrance to another, and back. The same colour can't kill each other so to rob returning hunters you'll need to be playing away. Strategy, it's all about strategy in the end. That's why it's going to be addictive.
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If this coin is game based, is it not possible to mine across multiple machines? Should I just use my most powerful one?
Otherwise this is pretty awesome!
It's not going to need a gaming rig to play the game part. I'd use the least powerful one unless it's for mining with the GPU. It's about the game not bells and whistles. A basic laptop runs it fine, I bet a tablet would too. People getting greedy before it's even launched
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GIVEAWAY THREAD WILL BE HERE ON RELEASE Namecoin Forum:--- https://dot-bit.org/forum/viewforum.php?f=21IF you want to get in the Game on release (aka early adopter, game will be fast).. you need to already be registered, otherwise it may take too long. This is confusing, we can't play the game if we aren't registered there? That's to get some free coins to start, you don't need to reg to play the game just get the client and off you go. Chances are that when you have it up and running and a wallet address you'll need to post that in that giveaway thread for them to send you some coins. You will need coins from somewhere to buy a player. This is an easy way to get going. Very kind . ohhhh... i see... when the site comes up, is there going to be a good tutorial on the game? IT's at the start of this thread. The game is really really simple to play, the difficulty looks to me to be strategy. Finding a coins and getting to them is easy, so is killing other players by standing close and destructing your hunter. Getting back home to bank and avoiding others killing you is the real hard part. Backgammon is a simple game, easy rules, but strategy and luck make it fun. This will be similar IMO, looks basic but it's how you play it, and who with (you can work with others if you can trust them to give you your share of coins banked.). If you can't grasp how to play in 5 minutes , you'll need to go get a 5yr old, they'll show you
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GIVEAWAY THREAD WILL BE HERE ON RELEASE Namecoin Forum:--- https://dot-bit.org/forum/viewforum.php?f=21IF you want to get in the Game on release (aka early adopter, game will be fast).. you need to already be registered, otherwise it may take too long. This is confusing, we can't play the game if we aren't registered there? That's to get some free coins to start, you don't need to reg to play the game just get the client and off you go. Chances are that when you have it up and running and a wallet address you'll need to post that in that giveaway thread for them to send you some coins. You will need coins from somewhere to buy a player. This is an easy way to get going. Very kind .
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Now we are down to fantasy posts.....
Here is my fantasy.... Communication from KNC
You'd think that people requesting refunds would spark them into that, wouldn't you? Or just the fact that they are earning a name for poor communications. It's easy enough, a few minutes, never understood why they choose not to.
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argh, yes, i just saw this is the exact same launch time as Ultracoin. DAMN. Might want to consider moving it out another day or so.
Ultracoin is just a clone, nothing new, if i have to choose between them i will mine this. However a youtube video guide to mining this could be useful I agree, but timing does matter. You can have a great idea but it can get lost and affect the coin long-term (i.e. LOT came out around the same time as DOGE with a good gimmick, but got very lost in the hype). I think you're missing the point a little. I bet I can find 100 people who will play this game ...non- miners. The other releases were just the same old same old...mining mainly with hardware. Anyone can do this. Download, off you go, no special kit or knowledge needed. Much wider potential user base. FFs people play allsorts of daft games on FB for hours with little or no chance their time will ever pay them anything back, and some pay for that kind of useless thing too.
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I think that knc is waiting the right moment for a big status update on Neptune
I wouldn't be surprised if they are waiting for all the other manufactures of bitcoin miners to make their announcements first. It would be kind of funny if Knc was to release a lower nm chip. I heard there are two chip makers that have been able to get the transistors closer together on a single chip die, how close? 14nm. So wouldn't be interesting if Knc turns around says "I know we promised 20nm chips but instead we are using 15nm chips". All those people who got out of their Neptune orders will certainly wish they hadn't. Yeah that would be awesome, and they could pack a nubile 19 year old Swedish blonde nyphomaniac in every box too, and some cake and beers.
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This should go without saying
Some people are going to REQUIRE a step by step tutorial with pictures. I barely understood the entire process.
Other thoughts....
This is awesome!
You mean to play the game?
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Very interested, I love new concepts.
My GPU miner is busy and the other one died. I wonder how this will do under CPU mining
Works OK. Dunno how it will on the launch with a lot of player/miners obviously though. I just hope that peeps don't assault it with bots and ASICs and the like to gain coins early and kill it ...which will leave them with aa load of valueless coins and defeat the object. Snailbrain seems to have thought of that kind of thing though. What's going to be annoying is the time consuming nature of it and how addictive it is. Your little dude collects a pile of coins, far from home at 3am...what are you going to do then? Let him get killed? Lose them? I couldn't do that on the beta
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