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2421  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 13, 2014, 01:53:54 AM
Well I officially decided to pull the plug on my batch #1 Neptune pre-order after just buying more BTC than I could ever hope it will mine for the same price. I can't imagine why anybody is holding onto their orders at this point...

Smart move!
2422  Bitcoin / Hardware / Re: Official Thread: AMT on: February 13, 2014, 01:52:03 AM
I wrote that long-winded explanation for nothing... Tongue I am not re-writing all that with 1200W as the specs...

You don't need to rewrite it. The new specs are only valid for orders placed after today. All previous orders must receive the stated specs at the time the order was placed.
2423  Bitcoin / Hardware / Re: Official Thread: AMT on: February 12, 2014, 11:32:48 PM
I can agree with the top portion... but saying one or the other, when hash-rate and power are both +/-10%, still seems unfair to the bet.

It is fair. They claim +/- 10%, you want to have -10% on hashrate *and* +10% on power draw which is the absolute most extremely lenient way to deliver. You can have both and be fair.
2424  Bitcoin / Hardware / Re: Black Arrow 28nm 100Ghash Bitcoin ASIC from $1.99/GH/s, miners from $2.97/GH/s on: February 12, 2014, 11:06:43 PM
Truth hurts, don't it?

Honestly, what's the point? Are you trying to prove Matt has never hosted miners in MO or CO?
2425  Bitcoin / Hardware / Re: Official Thread: AMT on: February 12, 2014, 10:47:21 PM
But, given the nature of the order and business and market, I would accept the current adjusted realistic 900W +/-10% as "acceptable".

Keep fudging the numbers. Eventually you'll be right.

+/- 10% hashrate and +/- 10% power draw is not what they are selling. They are selling 1.2 TH/s at 600-900 watts. If they do not meet or exceed both specs, then they have failed to deliver what was ordered.

Edit: Now I see the "+/- 10% variance" fine print. At the very extreme 1080 GH/s and 990 watts is still going to be quite a stretch. Including the "600" watt quote is very deceptive.
2426  Bitcoin / Hardware / Re: Official Thread: AMT on: February 12, 2014, 10:20:18 PM
Also, that is NOT what AMT is selling. They are obviously not the same units.

You're right, the are actually selling 1.2 TH @ 600-900 watts. How much are you willing to bet they deliver that?
2427  Bitcoin / Development & Technical Discussion / Re: How bad is transaction malleability, really? on: February 12, 2014, 09:23:15 PM
It's a nuisance, like when too much dust was being passed around. It'll pass.
2428  Bitcoin / Development & Technical Discussion / Re: Blockchain Spam? on: February 12, 2014, 09:21:34 PM
What can be done about this?!

If you don't like those TXs, then don't include them in the blocks you mine.
2429  Bitcoin / Mining speculation / Re: Mining hardware on: February 12, 2014, 08:57:28 PM
Funny, with just one Antminer @ 180GH I made a little over 0.6BTC and it has only been working for a little under 3 weeks.

Ants are by far the best deal at this moment. But whether they can break-even is questionable. Difficulty continues to rise exponentially, which means you only have a few weeks to break even before income drops too low to make a difference.
2430  Bitcoin / Mining speculation / Re: Mining hardware on: February 12, 2014, 08:53:26 PM
Which miner gives you the most bang for your buck?

Neptune from kncminer.com

Neptune is way over-priced.
2431  Bitcoin / Development & Technical Discussion / Re: Who is mutating transactions? on: February 12, 2014, 08:51:03 PM
Sorry by "miner" I mean the entity that is actually constructing the block.  That would be pool operators, solo miners, p2p miners, etc.  If you are not constructing the block you aren't a miner, you are a "hashrate provider" who blindly hashes whatever the pool tells you to.  An independent contractor if you will who sells his hashing power for a contracted rate.

p2pool and solo miners are insignificant (unfortunately). Connect to the top 2-3 pools and you're golden.
2432  Economy / Computer hardware / Re: [For Sale] 1T Avalon ASIC Bitcoin Miner (1100 GH/s OCed) Feb-12 Batch on: February 12, 2014, 08:42:29 PM
Pics of the unit inside?  Just check Avalon's page and even their new equipment is 55nm just as it has always been.  Now if you've managed to link 10 blades in there (size wise maybe possible) and ran the new MM software or even a RPi as a front end node for it I could see it possible.

Could be interested though just would like to see the hardware not just the case.

They probably took the avalon masks and resized them and printed out new chips at their in-house 28nm foundry. CTS Miner did something similar.
2433  Bitcoin / Hardware / Re: Official Thread: AMT on: February 12, 2014, 08:20:13 PM
The unit with 40 chips, (5x boards), shows about 212GHs average per board running an undersized share/hash. So, If running with the appropriate diff-rate of 64, which that unit should be doing, I'll say it runs closer to the peaks I saw of just under 222GHs per board.

Watch the video again. The pool auto-adjusts the difficulty. When they reach stable performance of about 209 GH/s the difficulty is 512.
2434  Bitcoin / Development & Technical Discussion / Re: Who is mutating transactions? on: February 12, 2014, 05:49:32 AM
The large number of high speed, low latency connections means we likely are probably within 1 or 2 quick hops from most miners

Isn't it far more important to be connected to the pools? Most miners don't actually receive transactions, but receive blocks from their pools.
2435  Bitcoin / Mining speculation / Re: Mining hardware on: February 12, 2014, 03:22:33 AM
Hello im new on "Bitcointalk" i am not new to cryptocurrencies, im thinking of investing money (500/600$) into mining but im not sure. Would i buy "Asic Miners" or just make a whole new pc and mine using "Gpu", would it matter what coin i mine? What would a cheap setup cost for a GPU miner.

thanks

You have two likely scenarios:

A) Buy 1 BTC now. In a year you'll have 1 BTC.
B) Buy a miner now. In a year you'll have .8 BTC.

Which sounds better to you?
2436  Bitcoin / Hardware / Re: Official Thread: AMT on: February 12, 2014, 01:34:24 AM
We're just shocked at this point, that we're reverting back to if we are real or not, but really its w/e.

All you have to do is clear up the discrepencies. Why won't you post your PA business registration?


Seriously though 1.2's are shipping next week.

Isn't that what you said 2 weeks ago?

Hoping to get the first AMT1.2's shipped by Friday.
2437  Bitcoin / Hardware / Re: Official Thread: AMT on: February 12, 2014, 12:49:13 AM
Best of lucky finding a manufacturer that can ship you 2.4 Th/s by April.

Bitmain units are all in-stock. Order from them now you'll have it next week.
2438  Bitcoin / Hardware / Re: Official Thread: AMT on: February 12, 2014, 12:19:52 AM
Hello all,

This is my first post.  My order number is 1051 for two AMT 1200 - 1.2Th/s Coin Miners.  I purchased them on 12/13/2013.  I just spoke with Adv. Miners directly.  They expect the machines to be available next week.   I am looking to sell at my cost, $11,998.

Best of luck with that. $12,000 will get you 2.4 TH/s from other manufacturers.
2439  Bitcoin / Development & Technical Discussion / Re: Stats on malled transactions on: February 12, 2014, 12:06:51 AM
Malled transactions cannot steal coins.
You sure? It's pretty usual practice for Bitcoin merchants to update database upon transaction first seen in the network.

Whenever I want to receive bitcoins, I give the sender a unique address. I couldn't care less what the TXID is. I think most merchants work the same way. Malled transactions do not change the addresses.
2440  Bitcoin / Hardware / Re: Official Thread: AMT on: February 11, 2014, 07:02:18 PM
I have done research on these guys for over 3 months now and every time I dig into the legitimacy of their business I have struck a dead end.

AMT is clearly not a legitimate business. Legitimate businesses are registered with the state and pay taxes and follow regulations. From all appearances, they do not meet those requirements.

AMT is a few amateurs that may or may not deliver. Best of luck to those that paid them.
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