The actual job description mentions "Knowledge on latest technology node (FinFETs, 20nm, 16nm) is a plus".
Granted, thats not definitive, but common sense dictates this cant be for the current design. You wouldnt go through the process of hiring a new lead engineer at this late stage, that makes no sense whatsoever; With time this critical it could never yield a better result than continuing with the team you have. A qualified new lead engineer is not likely found and able to start working the next day, if you publish this job posting today, you probably wont have anyone working for you for another 3 months. So even if your entire team died in a plane crash, you would still rather contract a company that has a well oiled team in place, instead of hiring people and building your own.

Mind you, its entirely possible their schedule is slipping, but these job openings have nothing to do with it.

The exact same amount I ordered from all the other asic vendors: zero.

Agreed, Im just arguing that getting "a return" implies a non zero positive number, which in the case of (a) ROI means a profit.

Got mine today, took only 3 days to ship across the atlantic. I wonder if it was due to the fact that you put 3 dozen post stamps on the envelope? LOL, never seen that many.
Anyway, Thanks OP. Positive rep incoming.

Sounds like a firmware issue to me, not a big deal. Its not like KnC didnt have those.


Dont be silly. They are hiring for the next generation chip, 20/16nm.
Hiring: Lead Physical Design Engineer for Next Gen ASIC
..
Knowledge on latest technology node (FinFETs, 20nm, 16nm) is a plus

No, he is not. He is both legally and morally liable.

Its worth restating Cointerra uses Open-silicon as chip designer. The CEO of open silicon is also on the board of cointerra, and likely an investor. Open silicon is not a small company, and should have plenty of engineers to chose from if for some reason cointerra wasnt happy with the team they got assigned.

Secondly, did you guys miss the title of that job opening ?

Hiring: Principal Verification Engineer for Next Gen ASIC

Alberto already scammed people out of >20K BTC.
He aint starving.

Need? Nope. Nor did BFL need preorders to fund Monarch NRE. THe thing is that it locks in preorders at far too high prices, and without those orders its much more questionable if it would make financial sense to spend that money on a new chip.  By the time this chip might come out, prices for 28nm chips would probably be below $100/TH. The new chip might get you higher margins due to its better efficiency, but it wont be anywhere near todays margins, so it will be very difficult to recover the NRE which will also be higher than that of current chips.

Every purchase comes with a discount. It can be positive, negative or zero. So when a newbie says "I got a discount on my miner", they really meant "I got a positive, non zero discount". In the context its clear that when such qualifier is omitted, a positive, non zero value should be assumed. The same goes for things like growth: "bitcoin adoption is growing". No one assumes that to be zero growth or negative growth.

The same applies to ROI In the context of mining equipment. Yes, technically the assumption of it being positive is not embedded in the word, but its implied by its context and we all know what is meant by it, so get over it.

Color me surprised, KnC claims to be working on a 20/16nm chip already:

Unbeknown to the community we are currently developing the next generation product in 20nm/16nm process with Alchip,

https://www.kncminer.com/news

I very much doubt this chip will materialize, as the economics most likely dont make sense (by the time it would arrive, price per TH would be so low it would be very hard to recover the NRE), unless they start another round of preorders fairly soon and enough people are dumb enough to fall for it yet again.

My cards look exactly like that. I guess they ran out of those.



I dont understand how you could have misread that.
- The card can be loaded (on bitcurex site).
Check.
- It can be used multiple times in online shops, brick-and-mortar shops, etc..
Check.

Dont tell me you read that as if the card could be loaded on an ATM? Or in online shop ? 

Seriously unless you know something we dont, you should take a chill pill.

HF announced a delay, the cause for the delay, a solution for the problem and a new rough ETA thats still a week from here. Whats this panic about?
If you never anticipated these things could be delayed by at least a few weeks, why did you even order? I can understand BFL customers getting upset about waiting over a year and hearing new excuses and delays every other week, but thusfar, this seems a total non issue.

Be honest: are you upset because we are now 5 (!) days beyond their initial shipping window, or because difficulty is 2x higher and growing much faster than you expected when you placed your order?

I posted that here a long time ago. In a nutshell he was ducking all responsibility beyond signing for those TSMC docs.

Not likely anything is being switched off, its probably just variance. Remember, we cant measure actual network hashrate, we can only guess the hashrate based on how fast blocks are found, and in the short term thats obviously influenced by luck. If you would try to measure the network speed using 2 blocks, you could "measure" 100 exahash if it happens to be a quick block. Anything less than a few 100 blocks is meaningless and even 1000 blocks will show non trivial variance. Im sure someone will do the math for you (organofconti, are you reading?).

Another possibility is a more sinister one: someone is trying to attack the network, either by creating double spends or in a way recently described here:
https://bitcointalk.org/index.php?topic=325225.0

ghash.io was recently implicated in an alleged double spend attack against some betting site:
https://bitcointalk.org/index.php?topic=321630.0

Not sure if there is a consensus on whether or not those allegations hold water, but it sounds plausible and just to be safe, this would be a good time to point your miner to a small pool if you are mining at ghash or one of the other "too big to fail" pools. Give bitminter a try, they are giving away a KnC Jupiter this month if you get lucky.

Yes we are certain. Unless that south american fake fabrizio created a google+  and facebook page and an entire collection of fake (yet existing) friends and familiy, registered a fake company and prepared this scam many years ago. Im not convinced fabrizio is deeply involved, but he is involved and he most certainly knows who is running the show.

for the record I spoke with him on google+.

Those bitcurex cards are visa electron. And you can link them, just use the card ref code as bank withdraw address.

are you italian?

anyway, before paying for a lawyer, you should contact the authorities. cyber crime and/or financial regulator. I would do this both in Hong Kong and Italy. fabrizio is presumably still in hk and his name. is linked to this without a shadow of a doubt. It may be less clear to authorities that Alberto is involved. putting some heat on fabrizio will make prove that rather quickly i suspect

Most countries have this information available in English. Not that it matters, the capital market is a global one and regulations and the underlying principles are pretty similar all over (mostly because its based on common sense).


No, but what people dont understand is that these regulators are not there to put domestic or foreign fraudsters in jail or out of business, but they are all mandated to protect their domestic investors from abuses, be it domestic or foreign. Not all of them may take this quite so seriously or have the means that the SEC has,  but if your business model depends on regulators all over the world not caring that you break their laws, then Id suggest you rethink your business model.

Blocking direct US investors is an important step, but probably not enough:

In our view, an exchange generally would be considered to have taken steps reasonably designed to prevent U.S. persons from accessing the market through its Web site if it:

Posts a disclaimer on the Web site affirmatively stating either the countries in which the exchange's services are directly available, or that the exchange's services are not directly available to U.S. persons;
Requires potential members or direct participants in the exchange to state their residence and mailing address;
Refuses to allow trading on the exchange through the Web site by any person that the exchange has reason to believe, or that indicates it, is a U.S. person; and
Refrains from making arrangements to provide U.S. persons with access to the exchange over the Internet indirectly through its members. 59

http://www.sec.gov/rules/interp/33-7516.htm

You'd have to block all "pass through" operators too, not an easy task.

And even if you can get the SEC of your back, that only leaves you in violation of security and exchange commission regulations in just about every other country in the world.