Awesome. So now it's been confirmed that people who paid $2000 less got their miners about 1 day after the people who paid $2000 more https://bitcointalk.org/index.php?topic=322031.msg3458393#msg3458393Just fucking awesome! 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. P.S. If everything for Day1, Day2, Day3, and October is pushed back by two weeks, then November orders might not be released until the end of that month instead of in the middle of it.
I've always been concerned that delays to the initial batch of orders could go on so long it runs into the reduced price November miners. Eventually they ship within a few days of each other, only we paid $2000 more  Can't disagree. They cant afford to delay the Nov people now though, or they'd also be fucked like the 1st batch due to their late delivery. In their eyes it's probably keeping at least one bunch or people sweet. Maybe even "We were a bit late on the initial batch but we produced on time and delivered the 2nd batch on time." Not, "The majority of our customers were disappointed, AND beta tested the rigs so they'd be dandy for the later orders". Cypher and the other very late delivered (and poor performing) rig peeps are owed some kind of compensation for the huge let down they suffered from KNC. |
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Centralization is the enemy of this experiment. "Business men" that mine for profit without regard for the network are not a friend to the experiment if their efforts result in too much centralization (usually a goal of a for-profit company). Centralization of what?  The reason this is not off-topic, is because this forum is about mining. If you are mining, especially with powerful units, you should understand: 1. The decentralized nature, design and intent of the BTC network. 2. The cause and effect of a 51% attack. 3. The responsibility of miners and pools in maintaining balance. Don't take my word for it, do your own research. The argument was made that the large pools have checks put in place to mitigate such a disaster. Simply making that statement is an acknowledgement that they have the _ability_ to tip the scale (hence the countermeasure). Why would you or I ever want to give one person or entity that much power and control over _our_ Bitcoin network? Has anyone here ever heard of a countermeasure failing (BP Oil in the Gulf)? There are so many viable pools to choose from, and if you are a business it is more profitable to build your own pool (fees go to you). If you pack heavy hash power, which most in this forum do, it makes so much more sense to be a part of the solution rather then a part of the problem. The irony is that in the end the pay is the same. This FORUM is about mining this THREAD is about KNC Mining Hardware, go start your own thread to discuss your OWN topic. +1 Reason ? Because some people come here thinking they may find help on the KNC miners this thread is about and all they see in the last few pages is idealistic banter waaaay off topic which makes the information they came to find bloody hard to find. As for the question of compensation for late delivery, you won't hear a word from them until they want to dell you something else. Then they will be back bragging about how awesome they were this time round and lessons learned. Two parts to this company, the back room boys who know their stuff and delivered, and the KNC guys who are snake oil salesmen and have fucked up every aspect they were involved in...and their main speciality according to their website would make me laugh if it hadn't been so wrong. Communication and troubleshooting are far from their strengths. If it's true that they started shipping November units...that's a knife in the back for all of us who paid so much more on the basis we'd at least get a month grace period. Some people here won't even have had a full week. |
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How about seanrarey takes his offtopic to it's own thread?
+1 I dislike being told what to think and what to do with my own money. Let's keep it KNC and disagree about something relevent.  |
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They told me they planned to have
A month in between shipping, and I believe they will hold up to that, other wise they would piss off allot of customers, and anyone smart that paid with a credit card could get a refund if they wanted, and would lose allot of customers if they plan on having a gen 2, though a gen 2 would only be worth while if they got much better watt / gig performance
Yeah, their shipping times have always been as they say, and they hate to piss customers off...or even talk to us come to that. I'd bet that Nov orders are quite small given the difficulty we all knew was going to be this bad, and if power usage being lower than current rigs is such a big thing. Gen 2 will have to have a much better dollar / gig performance, who cares about power consumption of a few quid when you're talking about rigs that should be making hundreds a week? Power use should be about those last few months just above break even not massive thing. People see a 2 week delay as OK despite that meaning missing so much income, then witter on about the cost of a couple of light bulbs in power consumption? WTF? I beg to differ. 1 Jupiter costs about 135€ in power per month. That is at present pretty much 1 btc. If next gen miners can lessen that by 30% that would mean a LOT more money in the long run. Of course, if you are in a country where you don't have to pay more than 13 cents per kwh you obviously don't have to fret over power consumption... A jupiter would cover that 135 in 2 days sitting instead of waiting to be shipped at KNC. A next gen rig would need to be at least the same value as a jupiter right now to be even considered. Power is the last thing that needs to be improved, and any improvements will be pitiful anyway. IF the people who only just got their jupiters had been offered the choice of one on the 15th as promised but 1kw ...or what they got...14 days of no mining and a diff increase...which would they take? 2 weeks mining at 500GH or save 70 euros? Which is more important? 1BTC is a lot more than 135 Euro right now too. |
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They told me they planned to have
A month in between shipping, and I believe they will hold up to that, other wise they would piss off allot of customers, and anyone smart that paid with a credit card could get a refund if they wanted, and would lose allot of customers if they plan on having a gen 2, though a gen 2 would only be worth while if they got much better watt / gig performance
Yeah, their shipping times have always been as they say, and they hate to piss customers off...or even talk to us come to that. I'd bet that Nov orders are quite small given the difficulty we all knew was going to be this bad, and if power usage being lower than current rigs is such a big thing. Gen 2 will have to have a much better dollar / gig performance, who cares about power consumption of a few quid when you're talking about rigs that should be making hundreds a week? Power use should be about those last few months just above break even not massive thing. People see a 2 week delay as OK despite that meaning missing so much income, then witter on about the cost of a couple of light bulbs in power consumption? WTF? |
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Under the roof i got my booth, i made a hole in the wall, to let creepy Fans noise go away, it cost my insomnia, now is my miner on the closed next to the laundry
It will be nice to have an opinion as mercury and Saturn customers buy an extinction board for nornal roi price
Upgrade ? Nope, not for half normal price. Won't have a chance to break even. |
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So I applied .98 about an hour ago. Took my machine a little to warm up to it, but now my Mercury is hashing just over 100 at 110, highest of 126. Time to see if it stays in this range. Seems to jump up and down quite a bit, I'm guessing this is normal? How stable are these machines suppose to be?
This whole afternoon before applying the patch, it was going up and down from 80g to 100g every two hours it seemed. Seemed to peak, then drop, peak, then drop slowly over that time period, odd.
Comments?
Mine sat at 136 then at 140 when I went to .97 and has been on 141 to 144 ave on .97 so far...on the pool and on the miner software. The only other stats were that short term Eligus BS which was wildly over and under that. Oh and running at 38C max. Hmmm, I'm getting basically 100G, 106 if I'm lucky at the moment, highest was 126 for a very short while. It's running better than it was on any other firmware so I'm not wanting to change it just yet... Was hoping I could get a bit closer to 130 though... What's your HW error %? Some seem to be very high and some very low. I'm around 1.5% so lucky I think. 130 - 140 per module seems to be average though. |
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So I applied .98 about an hour ago. Took my machine a little to warm up to it, but now my Mercury is hashing just over 100 at 110, highest of 126. Time to see if it stays in this range. Seems to jump up and down quite a bit, I'm guessing this is normal? How stable are these machines suppose to be?
This whole afternoon before applying the patch, it was going up and down from 80g to 100g every two hours it seemed. Seemed to peak, then drop, peak, then drop slowly over that time period, odd.
Comments?
Mine sat at 136 then at 140 when I went to .97 and has been on 141 to 144 ave on .97 so far...on the pool and on the miner software. The only other stats were that short term Eligus BS which was wildly over and under that. Oh and running at 38C max. |
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seriously, i have issues with my account.
just in PM or E-mail
Live support on the account page ? |
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What kind of 24 Hour Earnings are you guys getting on BTCGuild? Mining calculators say I should be getting ~1.3 btc/day with my 2 Jupiters, ~1Th. BTCGuild is posting around 1.18. What's the deal with that? Using PPLNS.
Recent bad luck... seems to be network wide the past 24 hours or so. Yup, slush was awful yesterday and Eligus worse today. Slush seems much better now though. Annoying after all this waiting and messing about lol |
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For the last 80 pages or so the only thing I actually want to see from KNC is that demonmaestro and CYPER get their miners.
Me too, and some compensation of some kind hopefully. |
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wtf ?!
they send you untested broken crap for several $k and you have to pay for sending it back ?!
does this even comply with laws concerning B2B ?
+111111111111111 My thoughts exactly. Why the shit do I need to pay for shipping on a dead unit they sent me? It's not right but would you prefer to wait for them to get round to sorting it out ? Tomorrow means something entirely different in Sweden apparently. A bit like manana does in Spain. |
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FYI I've been on Eligus without any problems, the only dip was me updating at 3.20pm for a couple of minutes..all fine now. Mind you, I always check everything these chimpanzees have a hand in now, set the pool details myself just to be sure. Bear in mind that they can't even manage a simple fucking download link, or packing a box properly, or removing plastic from chips.. you need to check the little stuff that you'd easily get right. Imagine Forest Gump did it all, you'll be on the right track |
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Does anyone know if my miners have been collected/shipped today or yesterday?  Sorry Cyper, they are bs-ing you if they said this meant it was shipped. I had the same situation. Shipping info recieved only means dhl have been informed. Tomorrow you will get the "Shipment picked up" in the morning. Then the day after it should be delivered. So prob it will arrive on the 31st I am at disbelief at the level of misinformation and false claims repeatedly made by KNC support staff. And I wonder who benefits from such a way of conducting business It's definitely not me. I was told yesterday noon (28.10) that my miners are ready and waiting to be picked up same day. It turns out they will most probably not going to be picked up today either. And as usual nobody is picking up the phone. Mine was processed there 3 hours after the 1st entry, so that seems to mean it's booked for pickup in the 1st line...the next onee in the chain is it moving, less than a day from there for mine to UK. But mine was picked up before that time, hope they haven't shut for the day and make it sit there all day. I agree, someone's bullshitting big time. You should be paying November prices now. Thank god it's not weekend. |
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a lot of people have issues with dhl .I never got contacted by them.i contacted them after 3 days and they told me the next day by luck..also in my state in the Midwest they only have 1 place to pick it up the capital ...if you miss the truck guy (even with note) and they are "contract" drivers ie not DHL .they won't leave the package...according to a nice dhl rep they may feel they could get jam'd up by dhl so won't leave it....better safe then sorry take it back to the capital.... it is pretty rinky dink in the states ....so call this number talk to a rep....you may get a tracking number out of them at this point phone is 1-800-225 5354 (I think) or check the www.dhl.com site it took like 4 days to get to me by the by..my box was trashed had to be held together with two hands.but my miner works well..so the soggy box helped imho it was probably "hand carried" rather then tossed from Sweden anyway just my experience call to play it safe...one other guy on here had no zip code and it was on its way back to Sweden another guy had another issue..so it saved my butt and 2 others so far that 1-800-225-5354 number..if I have the 800 number wrong google it good luck Searing Just spoke to Anna. Apparently my miner left yesterday, but she couldn't find my tracking numbers, so she told me she will call DHL to find them and then send me an email. Nervously waiting. That's bad, being on 1st name terms with support people before the thing even gets into your hands. |
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Sample scenario.
April next year diff on BTC has made miners think about mining PPC (as some already are) and 50% of BTC miners shift to make more from them.
That reduces the number mining BTC. Making it more profitable and less difficult.
The reverse will be true for PPC pretty quickly so people will move on or move back when they see BTC looks better.
More profitable doesn't always mean more difficult. There is more than one thing we can mine, quite a lot more. BTC mining is all but destroyed as far as profit is concerned, but the others may be next...and whatever comes in the future. To some extent they will spread the load and change the situation for the better or worse depending on miner's choices. For a short time each can offer a profitable period though. Easing the load on the others, specifically BTC.
The prices on the exchanges will have a bearing too of course. None of us really know what the future holds there, especially for the minor currencies.
People follow the money , with the exception of a few who are prepared to throw away money to support the BTC economy. They'll happily skipover to LTC if that offers the best return, buying whatever mines those fastest instead of ASICs possibly. It all adds up to difficulty eventually quitting this mad upwards curve.
I'm always amazed how much people manage to sell to "bigger fools" on ebay. 2 minutes on Google and almost any thread on here..they'd know how people with a week old ASIC are struggling to make anything yet they pay more than RRP (in fact they could buy one at RRP from KNC and get it for thousands less a week later most likely)...it's incredible. lol
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Here's a likely scenario that calculators don't see.
In the near future sometime things will come to the point where our rigs won't pay their own power bill. No new ones wil look very attractive or maybe nothing will appear at the right price to motivate buyers. Loads of people forced the hashrate up by mining BTC with better and better ASICs.
So. What are those people going to do then? They have powerful machines, probably not broken even in many cases. Bin them?
Mine another coin is what people are already doing. When things get bad on BTC mining, it will be a lot of people. IT will certainly be the large mining groups and investments who need to show some return.
The reason the difficulty rose for BTC was the people pushing it up by adding hashpower. They aren't mining BTC anymore ...what then? IT's not going to rise, the network is going to lose a ton of hashing power. Maybe very suddenly. What calculator sees that?
IT could easily become profitable to mine BTC again if all that hashpower spreads over the crypto currencies rather than just on BTC. IT could also be more profitable to mine other coins after all. Probably will be soon.
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Really? Even if you get free power? Even of you mine altcoins ? At what date will a Jupiter cease to mint coins at a profit doing those two things based on that calculator. I'd also be happy to see the price of BTC shoot up again as it has recently, that would make me a nifty profit too. (I could use that moronic scenario of me buying bitcoins instead of a rig and needing to make them back...but as I think the price of BTC is bound to rise substantially I wasn't daft enough to use them to buy a product to make them, I choose trading them properly with leverage to maximise returns to buying them, and mining them to store for the future). There are many scenarios, not all of which we all see or believe will come to be. Not just one. If you'd known that BTC were rising to the 200 dollar level today, would you have spend any on anything knowing that you'd be paying roughly double for the same item compared to dollars? And got some pretty nice protection if you used a CC and Paypal? Using BTC to buy a product like a rig borders on wreckless IMO. But that's just one of those opinions which are like arseholes ...everyone has one  |
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