The plain truth for most people is that without the current rise in the price of bitcoins we'd be crying. KNC will be doing well off that too, both from orders paid in BTC and from their own mining. They can't seem to lose...even fucking shipping made them a profit ffs.
What is your problem man, they are the fucking company selling the shovels. Why would you want them to lose, why would you assume they would lose after delivery, what do you not understand about this situation. All ASIC Vendors that have a product to actually sell (And some that don't) Will Win regardless if miners do or not. are you are suggesting KnC shouldn't get a profit even though they delivered around 70% of the BTC Hashrate? How about them not delivering late, maybe taking a reasonable attitude to customers returning faulty product, and maybe considering lessening their fucking profit so that the machines were capable of breaking even? How much did a Jup drop in price for November ? Assuming they are making a profit on the Nov price, the Oct delivery rigs were over priced (and funded from the get go by the customers taking the fucking risk who they no longer are keen to talk to). To see what they say it's all a marvel and they are wonderful benefactors. The reality is not thus. For example, that documentary would have to be renamed "Starving to death on bitcoin because my rig is 2 weeks late" ..of course, their free promotional rig got there long before paying customers all got theirs. My problem is disliking misleading statements by companies that may entice new people if the truth isn't out there. Did I mention that you're an irritating dick too? Better had just to be sure  |
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The plain truth for most people is that without the current rise in the price of bitcoins we'd be crying. KNC will be doing well off that too, both from orders paid in BTC and from their own mining. They can't seem to lose...even fucking shipping made them a profit ffs.
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Hohohoho Bitcoinorama
Check your Jar, just send you enough to pay for a nice hotel room in Stockholm.
Thanks again for all your hard work!!!!
If I can breakeven in BTC I will send you more.
Hope my fellow miners who are in the same situation as I am will tip you nicely too. As a gentleman bitcoiner, my integrity is high enough to call a spade a spade and credit these who have been helping me in my success.
It looks like my request to get the hashing power sold by KNC has been granted. So according to the press release, they currently sold almost 70% of the total Hash Rate or base on 4 Pentahash world wide, they sold less than 2.8 P/H.
For our exemple, lets pretend that no one will deliver any extra hashpower so the Hash Rate remain constant (very very unlikely); it will take over 64 days before getting a positive ROI in BTC (I paid the equivalent of 72 BTC (including transport and PSU) in June and it has mine just over 30 BTC in 30 days, I am getting 0.65 BTC a day.) When Avalon was pricing its miners, the ROI in BTC was supposed to take about 1 month. So honestly, we can say that KNC knew their miners would never attain profitability. I hoped I was wrong about it because what they did was phenomenal but the numbers speak for themselves.
Please, please Bitcoinorama, tell me where my calculation is wrong.
Let's discuss about it in a Gentleman way,would you.
They didn't say they had 70% of the hashrate, only 70% of coins produced..which sounds a lot like BS since they can't possibly measure that given all the pools involved? They said a few things that they didn't mean or didn't follow through on...a glaring one being a smaller customer base that they could support properly and same day hashing for hosted rigs...and the mighty Oct 15th delivery deadline Never believe a salesman over the experience of buyers.  They priced rigs in dollars, probably aimed for a dollar profit too? The rise in BTC vs dollar may save them there. No-one could predict 260 a pop today though so I'd go with your assumption that they thought they'd never break even in BTC terms. |
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Two firmware updates for me so far. Didn't do that, bot even half of it. Not had a problem
1. DL the update
2. On the KNC miner interface click update and select that download and apply it.
3. Click restart cg miner in the KNC interface.
Nothng else at all. Checked it after in Putty, but all was fine. lol
So after you upload and apply the firmware, it returns to a screen that says restart miner, is that the link you clicked or did you go back to the home screen, then go the the "Mining" and click on "Restart CGMiner" on that page? Tbe last one, Mining screen >> Restart CGMiner. no wonder after you "apply" a message will appear with reboot in blu...hit that! alternatively, you can power cycle the miner after apply.. but no need. firmware wont apply without a reboot, restarting cgmner isnt enough... Dude, he asked me a question, and that is exactly what does work. Both times. Not a problem. I have spent a max of 5 minutes total applying firmware updates so far without a hitch. Each has been slightly better than the previous one. I'm done with them at .98 as there's no more to wring out of them now for me. You don't draw on 20 after all. Seems to me that a few hosted peeps would like KNC to give them the option to stick with the firmware that works. |
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Two firmware updates for me so far. Didn't do that, bot even half of it. Not had a problem
1. DL the update
2. On the KNC miner interface click update and select that download and apply it.
3. Click restart cg miner in the KNC interface.
Nothng else at all. Checked it after in Putty, but all was fine. lol
So after you upload and apply the firmware, it returns to a screen that says restart miner, is that the link you clicked or did you go back to the home screen, then go the the "Mining" and click on "Restart CGMiner" on that page? Tbe last one, Mining screen >> Restart CGMiner. |
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0.98 works better for me than 98.1
I see there is a lot of people how stuck with firmware upgrades. I write it how I do because I never had a problem after upgrading.
1. ssh to the miner
2. shut down cgminer.
3. run enablecores
4. click reboot
5. ssh into the miner
6. shut down cgminer
7. make the upgrade
8. I never click on reboot, just shut down the miner, wait a minute
9. turn on the miner
10. go to ugprade page -> ctrl+f5
11. if you like install bertmod.
Hope it helps for someone.
One sentence about cooling.
I made a fuckin good cooling for the jupiter, I could cool it down until 26-28C on max load verey time. But Phoenix has right, these boxes runs better warm. For me not 70C but between 45-55C. Less hw and a bit better hash.
Two firmware updates for me so far. Didn't do that, bot even half of it. Not had a problem 1. DL the update 2. On the KNC miner interface click update and select that download and apply it. 3. Click restart cg miner in the KNC interface. Nothng else at all. Checked it after in Putty, but all was fine. lol |
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Think formula one pit stops.
I like that analogy:). But lets do the math. I dont have a KnC, but how much downtime is there when installing a new firmware and rebooting? Surely less than a minute? To win back one minute of downtime during the following day, all you would need is a 0.07% performance boost. Changing a wheel takes 2-3 seconds on F1, yet they lose more like 20 because like these rigs they don't instantly resume their previous speed right away. It's a fair old loss on the pool average especially if you keep doing it or worse, if it results in a lower hashrate (which you won't be sure of for an hour or so) and you need to revert. Some people have had massive negative results from firmware updates to date, dunno why some and not others, but that required more pissing about and lost hashing. An hour to get fully back to where you were isn't unusual in my experience when you reboot cgminer/ update. It doesn't go 100% - 0% for a minute - 100% at all, those last few GH can take a while. Like F1 I think it's better to not have stops you don't have a clear benefit from. |
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went from 138GH/s to 145GH/s with my Mercury with 0.98.1
However I did not apply the all cores enabled bin. Should I? I never have before.
The max is 144 GH theoretically. With all cores running. As for Slush and stats, my merc shows same there as everywhere else except Eligus which is all over the place. 141 /142 pretty solid since .98. Not messing with it for a GH when you consider the downtime alone costs you money as it takes time to build back up. Every time you shut down your average drops for a fair time period, hardly worth keeping doing it given the time sensitive period we're in now re difficulty increases. Your hashpower is worth much more now than after the next diff increase. I wouldn't waste any by messing about when the gains are marginal at best and possibly non existent. Think formula one pit stops. |
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Is this the longest page in Custom Hardware?
Doesn't surprise me, it's about the only thread with a load of customers who actually have a rig delivered to talk about. Best of a bad lot really. At least they delivered even if they messed a lot of stuff up...most seem to fail that step. |
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Got this email today. Hi, We would like to remind you that order 4114 is ready for pickup at below location: KnCMIner Birger Jarlsgatan 33 111 45 Stockholm Should you have any further questions please do not hesitate to contact us. Thanks Emilia Got to wonder how that happened when it's been sitting here for a week. Was never a pickup either. lol I should go get it. |
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Well, this time 'round, I decided to try just 0.98, straight up...  There went the "Theoretical limit"... Oyeah. Where? 288 is the theoretical limit. Not to mention all the messing you've been doing probably reduced the ave hash rate over time by some margin |
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In KnC were smart they'd have shipped the boxes 400Gh as promised and later provide an overclocking FW for everyone to play with. This way they'd never had to do RMA on all the slightly underperforming units  Too busy bragging about what ORSOC did. It pains me to call these things KNC when the lion's share of what KNC did, they did badly and ORSOC actually were the ones delivering the goods. They did miss a trick there, and compounded that by not being able to update the specs on their site too. A cock crows on it's own dunghill as my granny used to say. |
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just updated my mercury from .98 to .98.1 and HW errors went from 6.9% to around 1.5%. also, rejected was 3% to 0% now!
definitely a good upgrade. all cores functioning as well. none are off.
UPDATE: been running .98.1 for 30 mins now, hw errors down to 1.1% and dropping. still no duplicate shares!
0.98.1 was intended for those with a dead die; die 0 There is no other difference as far as I know. thats what i thought too man, but its made a big difference for me! My Saturn's currently running 0.98 with 1.2% hw errors, and only one core that keeps getting toggled on and off. cgminer reports a long term average of 283.8Ghps. Darned near the theoretical maximum of 284. I'm not gonna touch it. I must have missed something but where did that theorectical max info come from ? I was wondering what that was. Basically, each hash module has 192 cores that hash at 750MH/s each, so 144 GH/s per module. From http://forum.kncminer.com/forum/main-category/hardware/13049-read-me-first-known-issues-slow-performance-dc-dc-problem-bad-core-map-etc : What kind of performance should I expect from each model? Each ASIC module is made up up 4 dies, of 48 cores per die, each die connected and powered by unique power and connectivity. See a good picture of the ASIC module here: https://www.kncminer.com/news/news-30MERCURY Made up of (1) ASIC modules, 192 cores 100% of cores functional, expected performance up to 144GH. 75% of cores functional, expected performance up to 108GH SATURN Made up of (2) ASIC modules, 384 cores 100% of cores functional, expected performance up to 288GH. 75% of cores functional, expected performance up to 216GH JUPITER Made up of (4) ASIC modules, 768 cores 100% of cores functional, expected performance up to 576GH. 75% of cores functional, expected performance up to 432GH Cheers mate. I did miss that. Mine a hair off that 142-143Gh . 39 degrees. Been lucky |
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just updated my mercury from .98 to .98.1 and HW errors went from 6.9% to around 1.5%. also, rejected was 3% to 0% now!
definitely a good upgrade. all cores functioning as well. none are off.
UPDATE: been running .98.1 for 30 mins now, hw errors down to 1.1% and dropping. still no duplicate shares!
0.98.1 was intended for those with a dead die; die 0 There is no other difference as far as I know. thats what i thought too man, but its made a big difference for me! My Saturn's currently running 0.98 with 1.2% hw errors, and only one core that keeps getting toggled on and off. cgminer reports a long term average of 283.8Ghps. Darned near the theoretical maximum of 284. I'm not gonna touch it. I must have missed something but where did that theorectical max info come from ? I was wondering what that was. |
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Are you also selling your BTC for fiat? If not, to get a completely honest answer you should be doing your calcs in what you would have paid in BTC when you ordered. BTC has appreciated significantly against the USD since you would have ordered.
this dogma will never die here.. I guess it is a clash of old btc-in-hand miners vs the new credit-in-hand miners the new credit-in-hand miners take your equation and find out they would have paid 0btc for miners since they wouldn't get a miner if they had to try to buy btc on credit first.. would be a total waste of fees if possible, so they just keep the equation in $$$ and factor in the increase of btc value as part of their investment. I'll say it again.. for a lot of the new miners, there is no 'if you bought it with btc' or 'if you just bought btc' are all the old miners myopic?? staring at hashings screens for 2-3 years probably does that Agreed. If you have 50 BTC and have the choice to buy a rig with it (that may or may not break even or even arrive) or just keep your BTC buying a rig is stupid. Buying a mining rig to possibly return what you already have, plus the avoidable risks inherent in the system that are solved by Paypal or CC protection. The very last thing you should use to buy with bitcoins is a miner to create them..it's illogical. Even more so given the past scenarios when people found themselves up shit creek after buying BFL and other manufacturers rigs in BTC. If the value of BTC rising is your game you're better off trading them properly with leverage and being able to gain from both rises AND falls in value rather than sitting on them . I paid in dollars, if my rig makes me more than I began with...that's a profit. Simple as that. I can make more in a month trading BTC than any rig should I be up for a gamble, but compared to buying rigs from unknown companies it's a lesser risk. As for rigs that have run for a couple of weeks and made 1/3 of their value back...that means that so far difficulty hasn't shot up is all. It doesn't mean they will break even, unless the BTC value continues to rise. A week earler on time delivery would have missed a huge increase in difficulty and they would maybe have been 50% or more recovered by now. By Xmas we'll all be crying when we see the amount they manage to produce even compared to now. We knew that though, but we had the word of KNC to deliver to rely on to make our decision. Those early days let us all down badly and some people who lost out over 2 diff increases were royally screwed. Reality seems to be the enemy of people buying this gear. |
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And be 400GBP out of pocket just for the fun?
Can't blame KnC for that. Really? On what date? Last few days of Sept when "we are on track for delivery", or maybe Oct 1st when "We're shipping day 1 today and Day 2 tomorrow"..or maybe after Oct 15th when they hadn't delivered as promised and weren't giving refunds unless they fancied it and ALL rigs suddenly became in process on the status even when they weren't?
They NEVER offered refunds, they grudgingly gave some when asked,,,different thing.
What is the term for a smartarse who isn't at all smart?
Not sure what world you are living in (From your posts in the past I assume it's one consumed by hatred of KnC so not sure if this post will get through that mental wall. They offered refunds after the 15th to anyone who wanted one. Everything else you said is pure fiction. are you stupid, or just retarded? they stopped refunds for a long time, please do your fucking research first. He's just a troll. They are both back. Annoying as it is when you fall into the trap of trying to communicate with them lol. |
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And be 400GBP out of pocket just for the fun?
Can't blame KnC for that. Really? On what date? Last few days of Sept when "we are on track for delivery", or maybe Oct 1st when "We're shipping day 1 today and Day 2 tomorrow"..or maybe after Oct 15th when they hadn't delivered as promised and weren't giving refunds unless they fancied it and ALL rigs suddenly became in process on the status even when they weren't?
They NEVER offered refunds, they grudgingly gave some when asked,,,different thing.
What is the term for a smartarse who isn't at all smart?
Not sure what world you are living in (From your posts in the past I assume it's one consumed by hatred of KnC so not sure if this post will get through that mental wall. They offered refunds after the 15th to anyone who wanted one. Everything else you said is pure fiction. The "fiction" of him saying that about shipping is on YT . I don't hate KNC, I hate people who talk the talk yet have no will to walk the walk. A company whos only part in this was to get the logistics and minor stuff right once the technical work was done by ORSOC..got nothing at all right. Didn't even check what they were doing, didn't communicate worth a wank and STILL aren't. Should someone who paid 7k for a time sensitive product need to ring on a daily basis to get the right person on a phone, or an email reply? Like I said, go delete some posts like you had too a while ago...mine stay, they are my opinion and I'm not ashamed of that...and I know what a fact is too. God you're a dick. Seriously. Not one that will bother me again though. Nothing you have to contribute is worth reading. |
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Even though KnC deployed my hosted order more than 10 days out of queue order, and I even sent them an e-mail requesting a refund, once deployed, they seem to have silently compensated me by using a 3-board Saturn, if that's at all possible. At least I get a steady 419GHs on the portal side, and about 401GHs reported by BitMinter. So I am a happy customer now. Now that's fair isn't it? Good to see. Maybe your status wasn't changed because it wasn't late for delivery? Hosted? Either way that status was meaningless lol. |
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Not only did they ship my faulty unit 10 days late, costing me about $2000 in lost mining revenue and all the BTC I've lost from mining with a sub-standard faulty lemon since then, but now knc have fucked us over again.
Can you imagine being Cyper, who got his October order on the 30th? To hear this?
And the plan is to start shipping Nov orders on 15th, after they promised it would be 30 days after October delivery ended to let people get some benefit from the early order and the fact they paid $2000 extra.
Fuck you KNC. Just that.
Pipe down and don't be last in line next time. So I should just shut up and be happy forcefully that I got my miners 2 weeks late? Maybe pay Bitcoinorama some bitcoins too  Should have got a refund like they offered imo Really? On what date? Last few days of Sept when "we are on track for delivery", or maybe Oct 1st when "We're shipping day 1 today and Day 2 tomorrow"..or maybe after Oct 15th when they hadn't delivered as promised and weren't giving refunds unless they fancied it and ALL rigs suddenly became in process on the status even when they weren't? They NEVER offered refunds, they grudgingly gave some when asked,,,different thing. What is the term for a smartarse who isn't at all smart? |
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Not only did they ship my faulty unit 10 days late, costing me about $2000 in lost mining revenue and all the BTC I've lost from mining with a sub-standard faulty lemon since then, but now knc have fucked us over again.
Can you imagine being Cyper, who got his October order on the 30th? To hear this?
And the plan is to start shipping Nov orders on 15th, after they promised it would be 30 days after October delivery ended to let people get some benefit from the early order and the fact they paid $2000 extra.
Fuck you KNC. Just that.
Pipe down and don't be last in line next time. All orders should have been delivered by Oct 15th. That was the wording on the site. Hosting was supposedly the fastest and most reliable way to run a miner at a large cost ...how is that going for everyone? Seems to me that was a royal fuck up too from posts here. Even so, how come KNC pay hosted peeps compo for lost mining time and not others who suffered the same thing? Too many of them maybe? Tootle off an delete some posts or something, he's right. Pipe down indeed. Pillock. |
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