Now that people are dumping their old gpus, whats the next transition in hardware . . What do miners have their eye on? gridseed, multicore gpus, or what?
SP30 miner  Best power consumption (less than 0.5W/GH) Many have destroyed their reputations here promising power consumption figures for non-existent hardware. I have been here long enough to learn from others mistakes and also to learn how to stay away from fake promises. |
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Hi novello,
I snipped your reply and only copied your statement directly to Phinnaeus Gage:
..............
Since he's accused you of being a convicted fraudster and scam artist, I would think that deserves a response either acknowledging or debunking the statements.
How can he do that if he refuses to reveal his team? |
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Well shopping around for some cloud hashing contracts and noticed that you guys have really good prices...
Minertechnologies = $850 for 200GH
Cloudhashing = $999 for 165GH
CEX.io = 1.46BTC for 200 GH (granted this is able to be traded off at any point so I expect a higher cost)
BFL = lol
PB also has good prices, but only takes BTC (the goal is get more coins not spend em)
How fast do you guys have me hashing if I were to pay right now?
Our clients get contracts maximum 4 hours after payment. Usually within 1-2 hours.Where is the video with the cgminer screen and live Eligius hashrate? |
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Is pre-ordering an SP-30 for all the way September delivery viable? Would I ever get my ROI you think? The price and the amount of waiting time is what is stopping me from pulling the trigger. After $5k it it is a real hard catch up game. I know I'd feel more comfortable with an August delivery, but bitcoin could be $400 in three months. I guess I'm saying I really like the SP30 but don't want to be in the red with it through its lifetime. Ya know?
http://bitcoin.sipa.be/growth.png This is looking good. My first SP30 ordered was in March with July delivery, the next ones were in April with August delivery (4 and 3 months). Now it's the same 3 months. |
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Rockminers new rxbox is ~$1100/th.
And have last year power efficiency, not like the miners in my sig which will have less than 0.5W/GH |
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any smart-ass comments now?
They taped put Jupiter on September 17th last year, and I had my machines by October 15th.
others got them a week sooner
You owned yourself here. |
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Does anybody know the current estimated shipping data for the Titan, anything more precise than Q2/Q3?
Considering they took about 3 months from tapeout to the release of Jupiter, I would estimate the Titan being released late August/early September, which coincides with KNC's marketing strategic plan of: give possible release dates but wait to the last minute possible to actually deliver. Where did you get that TOTAL MISINFORMATION from? They taped put Jupiter on September 17th last year, and I had my machines by October 15th. others got them a week sooner Wafer fab complete 17 Sept http://forum.kncminer.com/forum/news-and-anouncments/2233-chip-newsI stand corrected, thanks.... Alot better than hearing the whiner. you saw the sept 17th news? Dude. Wafer fab is one thing and tape out is a totally different thing! Is that so hard to get it? |
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*Bookmarked for future reference...
You don't remember when KNC delivered double spec when others failed... like HashFast and Cointerra?
Their machines did indeed work 1st go-around, when so-called "Experts" in Silicon Valley outsourced PCB design and totally failed!
We shall see about that.
I remember when KnC promised that they won't self-mine with more than 5% of the hashrate sold... Leaving fab doesn't mean they taped-out. |
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Where did you get that TOTAL MISINFORMATION from?
They taped put Jupiter on September 17th last year, and I had my machines by October 15th.
others got them a week sooner
They didn't tape out the Jupiter in September. No way! First Jupiters shipped right at September's end/October start so can't have 1 week from tape out to shipping products. |
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How? I haven't seen a single Neptune running until now. Where is the proof? His estimations for the time it takes tsmc 20nm to go from tapeout to packaged chips were way off. How can we be sure their magic crystal ball is working correctly? And you believe what KnC says at this point? After lying about their self mining? |
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Will sell at 1k$. One BTC.
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I vote for bots and China!
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The thing in your sig, two of them, and an ant miner
Good choice! Thank you. |
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Don't change the subject. You were saying that SP-Tech makes a profit of 2$/GH and I have proved you that's purely fantasy. They can't make a profit of 2$/GH if they sold out the June batch for less than 2$/GH. Let me repeat that. I never said they ARE profiting $2/gh. I said they HAVE profited around $2/gh average. Do you really think they lack the funds to produce a batch of sp30? Your below quote says to me that they are profiting $2/gh: Well they did sell ~5PH worth of hardware (at 40 sp10/day) and I'm guessing they made a profit of ~$2/gh average so they should have plenty of money.
Funny you say that because AM sold more PH worth of chips in one month than spongebobtech did in 3. Again changing the subject. What AM sold is one thing and what the distributors sold (or not sold) is a totally different thing. I know that AM sold a lot of PH, but that's only to their distributors. Let's see the distributors sell out their miners now Looks like knc just proved him wrong.
How? I haven't seen a single Neptune running until now. Where is the proof? |
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I spent 12k USD today on competitor hardware.
I may not have made the best choice but I sure didn't make the worst ..
The hashboard x3 issues sound like a problem that should have been well known a long time ago.
Even if it's not trivial to fix.
What you got? |
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Even at an average of $4k per sp10 that would be $2.8/gh. Don't change the subject. You were saying that SP-Tech makes a profit of 2$/GH and I have proved you that's purely fantasy. They can't make a profit of 2$/GH if they sold out the June batch for less than 2$/GH. Let me repeat that. Sold out. It's something AM distributors won't see very soon. I'm only assuming they match the production costs of hashratio.
What do you think it costs them to produce 1 sp10? Different companies, different chips, different pricing. I have no idea how much it costs to produce 1 SP10, but assuming a 2$/GH profit when they sold for less than that it's simply wrong. Just like knc is in control of their neptune project right?
Again different companies, different funding, different investors. KnC shifted from their customers in December 2013 when they decided to build their big DC after promising that they won't mine with more than 5% of the hashrate sold. After the first lie the others came very easily. Again don't compare different companies. |
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30% buy bitcoins, 30% buy mining rigs, 30% properties (apartments)
That seems like an interesting balance but should add a note 30% Buying Mining Rigs and then 80% of revenue to reinvesting into the mining rigs to keep up with difficulty increases or to shift the rigs elsewhere. Well 80% is a bit too much, but I would say at least 50% needed for reinvesting and 50% cash-out for ROI. Mining isn't a "buy and hold" game. It's more like "buy and reinvest" game. |
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Now that people are dumping their old gpus, whats the next transition in hardware . . What do miners have their eye on? gridseed, multicore gpus, or what?
SP30 miner Best power consumption (less than 0.5W/GH) |
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2$/GH profit? So that means that an SP10 that has 1450GH makes them $2900 profit? But it was sold for less than that. How can they have such a profit if they sold it for less than $2900? Your calculations are way way off. Did they not sell some sp10 for ~$5,500? I'm guessing it cost them ~$0.6/gh to produce. Don't judge by the past failed companies ran by crooks (BFL) or just bad intended people (TerraHash, HashFail etc) with SP-Tech who is ran by top 2 Israeli VC companies. It's a totally different story. Regardless of who runs the company, they don't have an accurate enough magic crystal ball to justify putting investor level risks on customers. They never sold SP10 for $5,500. You are way of again. Even if they did they sold just a few. Most of them were sold under $4k. Their whole June batch was sold for $2,695. I can't believe that you are actually believing that they sold it at a loss. You assumption of 0.6$/GH is way off like every other assumption made here. They know their project better than anyone else. They control it. Of course it's like a magic crystal ball which tells them that there are absolutely zero risks on customers. |
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It doesn't matter what my or anyones guess is. We are in the era of in stock hardware where you don't need to guess or buy a high tech magic crystal ball to not get ripped off.
Also none of those guesses were mine. They were estimations made by FC which were subject to change. They never sold preorders so not hitting specs/dates is not a problem because as investors we agree to take those risks. It is simply bullshit to put all the risks of the investors on the "customers" and give them none of the reward that the actual investors get. Don't judge by the past failed companies ran by crooks (BFL) or just bad intended people (TerraHash, HashFail etc) with SP-Tech who is ran by top 2 Israeli VC companies. It's a totally different story. Well they did sell ~5PH worth of hardware (at 40 sp10/day) and I'm guessing they made a profit of ~$2/gh average so they should have plenty of money.
How exactly do preorders benefit the customers at all? 2$/GH profit? So that means that an SP10 that has 1450GH makes them $2900 profit? But it was sold for less than that. How can they have such a profit if they sold it for less than $2900? Your calculations are way way off. Difference is you earn a hefty % of each sale where as I earn next to nothing per sale. I have nothing to gain by convincing individual people to buy rxboxes. The petahash mines are what will affect my dividends and naturally those whales will gravitate towards the best deals regardless of what I have to say.
Hefty? Again you are talking without knowing just like you did with their profit. Please define hefty. You like to assume a lot of things. Maybe I will disclose my %, but remember that I'm giving away 2% of the total hashrate sold. You may gain close to nothing per sale, but in the long run you benefit too from their sales so let's not ignore it. |
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