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Do you guys think the difficulty is going to keep on increasing at 50% increments? If not, then what percent increments do you think?
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have you overclucked your chikens? what's their laying rate?
1.21 JodyHashes Or 1.21 Werther'sOriginalHashes how are you getting 1.21 th/s ? Overclucking. What units at what speeds? |
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have you overclucked your chikens? what's their laying rate?
1.21 JodyHashes Or 1.21 Werther'sOriginalHashes how are you getting 1.21 th/s ? |
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The only one thing that can save this network is if bitcoin price goes 200 and above within this fall quarter.
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Becoming rich... only one difficulty period or 10 days too late. The story of my life.
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14k for Jupiter  in February it will get only 1k $ a month the roi will be minimum 5 months many people like the allure of mining without care of profit or roi though. |
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Recently, whenever i sell an item and a buyer pays, my paypal account immediately has funds available rather than waiting the customary 30-45 days. I do not know why that is. However, I won't have to worry about chargebacks. Anyways, how do you handle transactions over 10k? Can they do multiple paypal payments for one item? Selling on ebay might be more profitable than kncminer's reseller program.
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10 usa bucks says that bitcoin goes to 160 by the end of the month.
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What about Network protection statement? It's not KnC, but their hardware. The hardware itself is spread out among many players. Unlike other companies, Kncminer has their own production line machines because they partnered up for an exclusive deal with Orsoc. Now, being that they had more production power than anyone else in the bitcoin hardware selling game, they could have put a smaller limit on how many units they would make. That way, it would have protected the network and protected the buyers because those who could not make ROI wouldn't even be able to buy a unit. However, they didn't. I could argue that they ruined the network even rather than protecting it. They exploited it with their production power. They could have set a limit like hashfast did of 550 units and a batch like system. instead, they sold god know how many units, but it must be an outrageous amount if these network speeds jump so much around the time they start shipping. If they don't want blame for ruining the network, then where is the transparency of how many units they sold. the problem with your analogy is, that KnC is not responsible for the growth. They're just a small part of it. They didn't fuck the network, only their customers. If you were a day 1 or day 2 customer, then you made a nice profit by now. Sucks for the rest of the customers who wont make ROI. |
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To everyone whining about not making "ROI" or not being able to get a refund...
Just sell your damn miner on eBay for a nice profit! Hell, you could probably even mine with it for a week or two and still sell it for a profit.
Unfortunately this no longer works for BFL product. Singles are now selling for less than list price. So don't sit on your KNC miners for too long.
I could only hope that I could sell my jupiters. I am going to try to get at least 10k for each. |
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What about Network protection statement? It's not KnC, but their hardware. The hardware itself is spread out among many players. Unlike other companies, Kncminer has their own production line machines because they partnered up for an exclusive deal with Orsoc. Now, being that they had more production power than anyone else in the bitcoin hardware selling game, they could have put a smaller limit on how many units they would make. That way, it would have protected the network and protected the buyers because those who could not make ROI wouldn't even be able to buy a unit. However, they didn't. I could argue that they ruined the network even rather than protecting it. They exploited it with their production power. They could have set a limit like hashfast did of 550 units and a batch like system. instead, they sold god know how many units, but it must be an outrageous amount if these network speeds jump so much around the time they start shipping. If they don't want blame for ruining the network, then where is the transparency of how many units they sold. |
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God I hope bitcoin soars up to 160 by the end of the month.
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What are KNCMiner's plans on being able to upgrade units?
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will be interesting to see when KNC gets its next lot out after Nov 15th if they will really halt production until feb/march to protect the network...they had a disclaimer thou if the others still ship in mass they would match...but KNC says they will never mine more then 5% I think it was of what they sell...so the question is ....do they sit back and mine at lower difficulty and take their time on next gen mining equip and skip this whole flood from nov thru feb and just sit back and mine....perhaps really pulling something even better out of the old 'tech shed' and/or..getting kudos from the knc customers and pre-orders for their next run of machines....by being not quite so blantant in their approach to this business (ie we want repeat customers) ..or do they try to keep up with everyone else and keep/expand market share...trying to stamp out BFL and others before they re-coup? (hmmm.....will probably be more drama and such with these ASIC miners then a season of Game of Thrones...."To play the game of ASIC Mnfg you win or you die!" see the below clip all sorts of sayings from the series correspond with asic mining ..the use of power and such...heh... http://www.youtube.com/watch?v=Dku_Uya8YgcSearing you are lucky that you could get a refund |
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it would be nice if bitcoin went over 200 again or i could sell my equipment on ebay for 10k or so
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This has been said before. May times over. Do not invest more than you can comfortably lose. And never, ever borrow money to put into high-risk investments.
Different mining calculators said that I couldn't lose and this was not high risk. |
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I get my miner tomorrow, and I would be lucky if I make ROI. I wish I could turn a profit. I wish i could pay off debts.
financial ruin:
I thought bitcoin would make my life better, but it has turned out to put me in debt.
Just when I thought I could get ahead, I don't make it.
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Wow the genesisblock calculator updated. Very grim...mining equipment will be lucky to make half of their value back. http://mining.thegenesisblock.com/I think those who deny this will be very disappointed. You aren't really competing against each other anymore hoping your neighbor drops out. China is ramping up for their own large scale corporate farms. http://feedproxy.google.com/~r/TheGenesisBlock/~3/W0-SZClMliA/I see no reason to believe this won't keep expanding by small amounts of very wealthy people despite the average person bailing out. You'll get far more BTC for your $ if just buying direct now. Dude the hashrate is about to level out for a bit not, continue growing like this for a while. This has been the first shipment of a major die shrink. If anything it shows the genesis block was way off base all along, as I previously stated. This will be a huge step up over a couple of weeks and then there won't be anything in such a huge multiple in one go on to make such a marked effect on the hashrate again for sometime. More a plateau You certainly won't see a doubling of the current hashrate as it stands after the KnC delivery for a while yet, even during their November shipment. If they were to ship anywhere near what they shipped just now, it'll increase the current hashrate by a proportion, not a multiple due to the cumulative effect of this wave. What about Hashfast? They are coming online with at least 550 orders. Their chip could probably be overclocked to 600 gh/s. So that means about 330 terahash added. then other companies too, there aren't a waiting period for new companies to come out with hardware, they are doing it right now |
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It doesn't work for me either. Someone said it is broken. I think it is because of the hack on this site.
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