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Yep - grim, grim, grim, over the last few days. Still, luck is luck so hopefully we'll see some green on the stats and a few nice quick blocks soon.
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Morning, I failed over off the pool last night and I can't get back on this morning. "0: Enabled Dead Quota 1 Prio 0: stratum+tcp://mint.bitminter.com:3333 User:" Just keeps saying it's dead. Nothing's changed in the config has it? Cheers
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I agree. Selling timeshares on Ebay is out tho.
I was thinking of the German Ebay offering of 12 hours output from a Jupiter for some hundreds of Euros but now I'm thinking about the group buys with hosting one sees here on bitcointalk.org in Bitcoin Forum > Bitcoin > Mining > Hardware > Group buys.
So, if twenty guys go in on a Neptune purchase they own 1/20th of the miner, one of the owners does the operation and pays out to the other owners. When it gets down to the billing of power, rental on the space to run the miner, and some hourly wage for checking in on it, I'd guess it would be tougher to argue that it's privately owned.
This discussion needs its own thread. Has nothing to do with knc. Nothing is certain yet, so there is no point in clouding up the knc discussion further. Yes I know I'm the one who mentioned it first, I was just happy to see it. lol Oh yea - it's your fault! Well, we've got to pass the time until the next big piece of KnC news talking about something...
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There's another way of reading that FINCEN stuff which is essentially "if you own the machine and mine from it for yourself, you don't need to register". So it doesn't matter if it is co-located in a hosting farm or in your home, it's your miner with the income going to you. Mining contracts are a distribution from the company that owns the miner (i.e. not you) to a customer who has paid to receive a share of the earnings over a period of time. In that case you don't own the miner so the bitcoins are being transmitted to you. KnC always went to lengths to say that if hosted it was your specific miner and would be shipped to you at the end of the contract, so I don't see how they would be caught by FINCEN as well as the fact that they're outside US jurisdiction.
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Talking of hosting. In Europe, colocentre.nl is the cheapest place I've come across so far. Outskirts of Rotterdam, they'll host based on the likely KWh draw you need. So far it comes out much cheaper than UK hosting places I've looked into.
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3.7TH/s @ £350 a month.
I bet E.On or whoever just love you, or think you're running a hydroponics lab.
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Cypher - what was that good UK PSU you mentioned in another post somewhere? A 1300w something...
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Ah, fair enough. And no way to combine either I'd imagine. I'll be more careful next time.
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I've got Multibit on two computers, and both are showing different balances. I've reset the block chain on both but that's not fixing it. Could it be that one doesn't have all the receiving addresses?
What's the best way to synchronise? Is it to re-export and then re-import the keys?
Many thanks
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I'm going to speak up for Kraken. Today's been the first major stumble I've seen (and personally, it's been a real pain) but in terms of ease of use, depth of information, responsiveness of the site. It's rapidly become my favourite exchange. Stuff happens, we understand, but do keep us informed better than happened today. I look forward to a bigger, better, stronger Kraken as a result. But well done on what you've created.
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What Bitcoin data site is this one - I like the look of it?
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Today I visited the KnC offices in Stockholm. Primarily to exchange all my boards with the Die 0 problem, but more than that to take a look with my own eyes at the company we’ve all been following so closely.
First thing you notice is that the office is busy. It’s on the fifth/top floor of a nice enough building that’s been worked hard throughout it’s life. Their suite isn’t plush, but comfortable and functional. KnC haven’t squandered their profits on wood panelling and boardrooms. Alex gave me a tour of the place and the overriding sense is that this is a group of people right in the middle of their project, not even half way done. If there had been champagne and parties there was no sign of that now. White boards, engineers in huddles, job interviews and the gentle drone of people, well, just working hard.
Sam and Andreas came for a chat. They’re genuinely interested in their customers and how we’re all doing. The overriding feeling I got from them was of continued enthusiasm towards their project. They’re proud of what they’ve done and focused completely on how to improve and develop it further. There was no sense of “job done, we’re off to the Caribbean now.” Their talk is full of the lessons they’ve learned from the bumps along the way and actions to improve things for customers. After having my doubts I’d have to say that actually, customer and company are fully aligned.
Talking of which, I met Emilia and have to say you couldn’t find a nicer and more compassionate person. My boards were exchanged in a flash. 5 minutes I think, and she had gone out of her way to prepare everything ahead of time including testing them (I only had a couple of hours before my flight back). Meet them face to face and you realize just how difficult customer service over email is. We’ve all had frustrations dealing with the hiccups but trust me, you’re in safe hands with Emilia and Co. and they do care.
Lastly, things have worked out well for Alex. Bitcoinorama is working hard for them and enjoying Stockholm. He gave up an hour of his time to show me around and talk about all things Bitcoin, KnC and life. Lovely and genuine guy who deserves his success.
I got so much more out of meeting Alex and the KnC crew in person than looking for the nuances in page after page of posts. I realize it’s impossible for many, but if you have the chance to go there, take it. You won’t be disappointed and you’ll see how wide of the mark a lot of the speculation about the company is. A picture may well be worth a thousand words, but a face to face meeting is worth many thousands of pages of forum posts.
And what of my exchange cards that were the whole reason behind this jaunt? Hashing like demons, well above even the advertised rate. Just as Emilia promised…
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Interesting if you're hosting at home - ok I should perhaps narrow it down further to hosting at home in the UK - and were considering power factor correction capacitors to knock down the electricity costs:
"In a domestic single phase power supply, unlike commerce and industry, you do not pay reactive power charges and you do not have a kVA limit so the only one who would benefit from fitting Power Factor Correction would be the supply company since they would need to supply less "kVA" for a given killowatt consumption. kW = kVA x pf. Killowatts are killowatts and the simplest way to save them is to turn things off. If your machinery is using motors, you may find reducing the voltage to these will save energy especially if they are not fully loaded. I hope this helps. Regards"
Really? Running air conditioning or the refrigerator at 120VAC is more energy efficient than running at 126VAC? I suspect not. Well, I'm only quoting the electricity guy's message to me. England moved from 240v to 230v for residential supplies a few years ago and everything still works just as well on 230 as it did on 240 but just used less electricity doing it. I'm guessing he's alluding to this. Most people here still think it's 240 because that's what they grew up with and they haven't noticed anything different plus the devices invariably say 220-240v on them
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Interesting if you're hosting at home - ok I should perhaps narrow it down further to hosting at home in the UK - and were considering power factor correction capacitors to knock down the electricity costs:
"In a domestic single phase power supply, unlike commerce and industry, you do not pay reactive power charges and you do not have a kVA limit so the only one who would benefit from fitting Power Factor Correction would be the supply company since they would need to supply less "kVA" for a given killowatt consumption. kW = kVA x pf. Killowatts are killowatts and the simplest way to save them is to turn things off. If your machinery is using motors, you may find reducing the voltage to these will save energy especially if they are not fully loaded. I hope this helps. Regards"
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It might have peaked at 596, but the sustained speed looks like it's going to be more like 500. I'm ok with 500, especially if they ship out my order within the next week!
I'm more concerned about power at the wall though. KNC seems like its going to be the most power hungry of all the gen 2 ASIC miners.
i guess those guys know their chip. when they announce 576+ then you can bet that they have a reason for doing so. why should they state 576 an have alot of trouble when everybody would be happy with 500 anyway? doesnt make any sense. so you can bet it will be 576+ Look we need a beer now, but seriously you would not believe how tight this was. Murphy was a m*therf*cker, more to tell later. As always there's a lot of fine tuning to do when you have a system up and running and you can optimise it, but under time pressure you force out a solution that is good enough. Just enjoying the jelly legs. This has been....pfffff! Well done you and well done KnC. Have a cool beer and a long sleep tonight - you deserve it. Their chance to rest and look back will have to wait a couple of weeks. Great work.
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Well done Orama, it's a great watch.
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They're either really busy boxing things or really busy fixing things. Either way, I'll wait.
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I'm so glad it's shiny. Shiny = "the future".
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I dunno, I'm kinda itching to have a backhoe AND a miner
If KnC hold good on their timetable I'm sure you'll be able to have both - I'm sure JCB will accept Bitcoins at sometime.
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I'm still sniggering that the nearest google translate can get to miner is "backhoe"
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