I bought Corsair CX600M for mine and I intend to overclock. It has 552W of DC power, which should be sufficient  Ģ54 was a good price. Since thats the bronze model, and since overclocking will use up more than 90% of its capacity, and since these machines will be running 24/7 wouldnt that run the risk of burning more money at the wall for power(enough to justify paying for gold version) See my earlier post. Mine are using 400W at the wall for 200GH/s using a power supply which is ~89% efficient at that load. He won't be pulling anywhere near 90% of that PSU's capacity. Thanks for your measurements btw. Now I feel better about buying these PSUs. 350W from the PSU is perfect That's 65% of its capacity. |
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I bought Corsair CX600M for mine and I intend to overclock. It has 552W of DC power, which should be sufficient Ģ54 was a good price. Since thats the bronze model, and since overclocking will use up more than 90% of its capacity, and since these machines will be running 24/7 wouldnt that run the risk of burning more money at the wall for power(enough to justify paying for gold version) Since you are wrong show us your calculations  |
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I bought Corsair CX600M for mine and I intend to overclock. It has 552W of DC power, which should be sufficient Ģ54 was a good price. |
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Anyone knows why all of a sudden the CGMiner on a Jupiter stopped displaying the usual lines: [2014-01-25 02:33:12] Accepted 227772c5 Diff 1.9K/1024 KnC 0 pool 0
It's not Quiet mode. When I press D it quickly goes to a blank screen and then it reverts back. It happened on 5 machines with 3.8.1 and 3.9.0
I try to turn Quiet mode blindly by doing D/Q a couple of times, but nothing.
Any ideas?
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Sushi is a reseller for BITMAIN.
From his email address and name, I think he is based in the Philippines.
So it would have been a smart choice to order from him and so receive support during the CNY if anything happens? |
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I am a bit worried that Bitmain would be unavailable during the CNY, so if there is a problem with the miners I would have to wait 2 weeks to even start getting them sorted  Btw is Sushi based in China too? If I have ordered from him would have there been any difference? |
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Sometimes I wonder: why would KNC sell more Jupiters to the general public or even previous customers when they can build them and use them for themselves?
There's very simple explanation why KnC would never do this: They can always sell the miners for more BTC then they will ever mine with them. People are extremely optimistic about difficulty increases, they don't believe hard facts they are getting from mining calculators, and many just want to mine regardless if they may mine with some BTC loss. How many times you've seen BTC/US$ ratio mentioned in the profit calculation, no matter if the miner is payed in BTC? This all boils to the fact that people are willing to overpay for any miner, not just KnC, so KnC would be crazy to keep the Jupiters for themselves and reduce their profits, when they can sell them for more than BTC amount that will ever be mined with them. You can be sure no miner manufacturer is keeping the miners for themselves. KNC are not Ebay, so not true. A Jupiter sold now would probably be priced less than $5000, which is 6.25BTC. You don't think they can't mine 6.25BTC, do you? 570 GHs Jupiter, if starting to mine today, would probably mine 6-6.5 BTC in it's lifetime. You are partly right it just may brake even if it's priced 6.25BTC, but if it is delivered two weeks from now it would very probably not break even by a large margin. My point was they can price Jupiter 8 BTC, and I would bet with you they would sell every last one they put on the market. If a Jup cost them 2k to build, it changes things compared to our situation.
It doesn't matter how much it costs to manufacture Jupiter, KnC pays that costs in any case, it only matters to them if they can earn more money by selling or mining with it, and they can certainly make more by selling it. Why 570GH/s? They have a finished product hashing at 670GH/s stock. Also your prediction of 6.5BTC in a lifetime for a 570GH/s miner is a bit unrealistic if you ask me: http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=2193847870&dcosts=500&diff_mincrease=35&blpbtc=25&dhsmhs=570000&diff_mincreasedecrease=3&btcusd=844.28&dpowcon=30&btcusd_mincrease=1&pcost=0.25&calcweeks=32&dleadtime=0&action=calcI predict that a 670GH/s miner would produce around 10BTC in total: http://btcinvest.net/en/bitcoin-mining-profit-calculator.php?diff=2193847870&dcosts=500&diff_mincrease=25&blpbtc=25&dhsmhs=670000&diff_mincreasedecrease=3&btcusd=844.28&dpowcon=30&btcusd_mincrease=1&pcost=0.25&calcweeks=32&dleadtime=0&action=calcAlso they price their products in USD and I highly doubt that the price would be above $5000 if they release more Jupiters for sale. My point was that even if it is a gamble to keep the miners it is a gamble worth the risk. |
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Hey! Why do the stock levels say there are 513 left, after I bought 500??  Because their magical UK foundry can produce unlimited number of chips and then miners |
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Sometimes I wonder: why would KNC sell more Jupiters to the general public or even previous customers when they can build them and use them for themselves?
There's very simple explanation why KnC would never do this: They can always sell the miners for more BTC then they will ever mine with them. People are extremely optimistic about difficulty increases, they don't believe hard facts they are getting from mining calculators, and many just want to mine regardless if they may mine with some BTC loss. How many times you've seen BTC/US$ ratio mentioned in the profit calculation, no matter if the miner is payed in BTC? This all boils to the fact that people are willing to overpay for any miner, not just KnC, so KnC would be crazy to keep the Jupiters for themselves and reduce their profits, when they can sell them for more than BTC amount that will ever be mined with them. You can be sure no miner manufacturer is keeping the miners for themselves. KNC are not Ebay, so not true. A Jupiter sold now would probably be priced less than $5000, which is 6.25BTC. You don't think they can't mine 6.25BTC, do you? |
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Edit: and speak of the devil 2 minutes after posting this I got my shipping confirmation.
Me too And judging by the tracking these have been collected 9.12PM local time, which is 01:12PM UK time, so 11 hour ago. Shenzhen, China 01/24/2014 9:12 P.M. Origin Scan China 01/24/2014 2:52 A.M. Order Processed: Ready for UPS |
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Sometimes I wonder: why would KNC sell more Jupiters to the general public or even previous customers when they can build them and use them for themselves? Would you sell the opportunity to make a lot of money to random people for less money? Would you sell 100 dollars in the future for 20 dollars now? With 28nm they have paid all their costs, made a lot of profit, so they have absolutely nothing to lose with deciding to keep all hardware and mine for themselves. What they have is a very rare opportunity to become one of the richest companies in the world if Bitcoin turns out to be what it was designed to be Neptune is the same thing all over again: we fund, they ship what was ordered and then establish themselves as the leading mining company in the Bitcoin world. It would not make much sense because they would be unhedged to the value of BTC. Selling some, mining some seems like a best of both worlds. Where else customers are paying for your design? Nowhere, but in bitcoin mining hardware. What would you say if coinbase asked to prepay for the development of the wallet? There are usually VCs who pay for this, but they also got to keep the business interest. LOL With a couple of millions in their pockets what is there to risk? |
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I am mostly certain they are flying now and when they are scanned in Europe (most probably in Koln, Germany) the status will reflect that.
What did I tell you? Koeln, Germany 01/24/2014 10:29 P.M. Arrival Scan |
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Hello,
Thank you very much for the responses.
First, I cannot use deepbit anymore due to the fact i cannot get it to accept my ASIC miners, but do have several coins sitting their from about 1 year ago when i was using it actively.
2nd, that makes perfect sense but i believe I will follow up anyways to make sure I get paid for the 'work' i put into the pool.
3rd, Thank you very much...my blind eyes did not see the email address at the bottom. I have already messaged Deepbit & Tycho, but it appears they have not been online for at least the last couple days. I hope that will change soon.
I will update ASAP on resolution.
Thank you again for your help.
Tru
Deepbit uses getwork and ASIC plays well with stratum, so in reality Deepbit doesn't work with ASICs. They are too powerful for the it. |
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Sometimes I wonder: why would KNC sell more Jupiters to the general public or even previous customers when they can build them and use them for themselves? Would you sell the opportunity to make a lot of money to random people for less money? Would you sell 100 dollars in the future for 20 dollars now? With 28nm they have paid all their costs, made a lot of profit, so they have absolutely nothing to lose with deciding to keep all hardware and mine for themselves. What they have is a very rare opportunity to become one of the richest companies in the world if Bitcoin turns out to be what it was designed to be Neptune is the same thing all over again: we fund, they ship what was ordered and then establish themselves as the leading mining company in the Bitcoin world. |
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1 hour drive from where I currently reside.
If that turns out not to be a scam, which I highly doubt I will go and check myself.
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Hello,
I am running into the same issue with the "Please_wait_for_autopayment!" message. I understand the lack of payments issue, but I tried a much lower payout with the same issue. Who should I contact about this problem? I do not see an email address or contact number on the website, and it appears that Tycho hasn't been active on the forums for some time..
Thanks for your help.
Tru
Most probably hot wallet is empty. Btw why are you still using this pool, when its speed is so low, that you can wait months for a payment? |
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Is it a 100% refund you get from KnC inclusive the VAT and shipping cost?
KNC doesn't collect VAT monies. Your government does; and you pay it AFTER it's shipped, so....no. You like to generalize, don't you America is not the world  In Europe if you are not VAT registered you pay VAT, which KNC collects on behalf of each country tax office  Well you haven't paid any VAT yet though, I suppose? Here in Sweden you pay customs fee's when shipped. Anyone of you considered having someone swedish pick it up and write down the value for customs btw? Would increase the value of it quite a bit USA doesnt collect VAT.... they dont charge one. , VAT collected after shipment by holding house in australia as well. don't know about UK, but everyone seemed to be like "manofthepeople" here, charged later.... when it gets shipped Not a single customer has been charged VAT by KNC as far as I know; it's all done external. Allow me to enlighten you how VAT works within the European Union, which is practically almost all of Europe. KNC = VAT Registered business KNC sells to private customer = VAT is charged by KNC and paid by customer on point of sale. KNC sells to business customer = VAT is not charged to customer, but he is liable to report it on his tax returns and pay it after receiving the miner. He can use it as a tax credit towards VAT sales, but that not within the scope of this topic. Now I assume most European customers are indeed private buyers, that are not VAT registered, therefore they pay VAT to KNC, who in turn are liable to report it to their tax office via the VIES (VAT Information Exchange System). Also if they sell to the general public they must display prices inclusive of VAT, which they don't. So yeah KNC charges VAT to a lot of customers |
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To cut in line, no matter what, is considered really, really rude in Scandinavia. We donīt do that shit. Cutting in line means increasing the number of people in the queue with 1. Selling your pre-order to somebody else means you leaving the queue and somebody else taking your spot. How is that rude? From the all other people in queue point of view nothing has changed. Except the bad after taste and the person behind you loose his opportunity to move up in the que (as agreed to happen if someone ask for refund). No serious business here in Scandinavia allows that shit, itīs unprofessional. No serious business would make promises that it is not certain to keep, but KNC does. I can tell you a few other unprofessional things done by KNC, but that would be pointless. |
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Is it a 100% refund you get from KnC inclusive the VAT and shipping cost?
KNC doesn't collect VAT monies. Your government does; and you pay it AFTER it's shipped, so....no. You like to generalize, don't you America is not the world In Europe if you are not VAT registered you pay VAT, which KNC collects on behalf of each country tax office |
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Just out of the blue- Anyone know what amount is put on boxes with ups for customs reasons? Just in case they will ask me...
$120 |
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