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441  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 15, 2014, 02:40:57 PM
Are the neptune 10k customer only batch and the 13k batch shipping at the same time and current batch ships out a month after those first lots have shipped. Is that right?

IIRC the original $10K customers are receiving theirs first and the $13K customers Neptunes shipping second a couple of weeks later.
442  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 14, 2014, 11:26:41 PM
AFAIK Canada is in North America which IMO makes them American too.
This speaks more to your education than to the point at hand.   Refunds are NOT confined to US citizens or residents.   So, let's figure out if they are confined to Batch I.

North America is a continent not a country.  So refunds across the continent have been offered.  Which leads me to think post is on the way to other continents maybe.
443  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 14, 2014, 11:10:23 PM
OK Back on topic.
The website in Canada is fake.   There is no building at the address listed and the postal code is from another part of town.   Drop that.
More importantly, we have Americans (several) and now at least one Canadian that has a Batch 1 forced refund.  So, we know it is NOT confined to just the Americans.   HAS ANYONE IN BATCH II received a refund that was not requested (also interested in hearing about people who received a requested one though).

AFAIK Canada is in North America which IMO makes them American too.
444  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 14, 2014, 08:15:12 PM
Despite it being my post deleted, I must respect the Moderators decision... And concur with MM that protection is important.

It is for me or the forum to argue its merits.

Jumping to conclusions and flagging things spam, or post false claims related to PM's that are taken way out of context for drama is a bit small minded...

Offering the cheapest miner available by far when you pay almost $1K for 30GH BFL on eBay.  Plus you're new account along with the dodgy written website are major red flags.
445  Economy / Service Announcements / Re: Neo EasyCoin Official - Buy BTC With Cash [UK,USA,Russia,Denmark,Sweden,Norway] on: January 14, 2014, 01:41:10 PM
The porn industry awaits for you honey, don't waste your time here no one cares for your brain, tits look promising!

It trolls all start-ups trying to get a lucky hit.  So they can try to look knowledgeable if it does fail.
446  Bitcoin / Project Development / Re: Bitcoins in space! on: January 14, 2014, 09:51:24 AM
Not sure if anyone brought this up, a satellite orbits earth about every 90 minutes, meaning we'd get connection for about 30 minutes when it's around and then silence 60 minutes. But likely there's some option to rent something "cheap", low bandwidth on a global level.

A satellite orbits earth however often you want it to.

This is not entirely correct since at the shorter orbital periods you will encounter an increasingly thicker atmosphere as altitude decreases. Typical Low Earth Orbit (LEO) period is ~90 mins.

Did you watch Gravity too  Tongue
447  Economy / Service Discussion / Re: http://www.pyramining.com/ - Discussion thread (no advertising here) on: January 13, 2014, 09:32:45 PM
What is the default bonus? I couldn't find it anywhere in the site.
Edit: I believe it is 10%, but I am not completely sure. Can someone confirm?

AFAIK the default bonus was and still is 10% IIRC.
448  Bitcoin / Hardware / Re: ASIC miners from KNC on: January 13, 2014, 08:08:44 PM
Semiconductor process is only one variable. KNC's prior 28nm product was exceeded in power efficiency by some 55nm devices. The actual power performance is matters, not the lithography.
With all due respect, at the wall I'm not too sure they did. I tried to get to the bottom of that at the time of launch so there was a fair comparison and received a mixed bag of variable answers and little evidence to back up claims of sub 1W/Gh/s. The November boxes eat for sure, but the original October boxes were 1W/Gh/s at the wall. I even toyed with one at 0.85, they can be down clocked. I expect to see other manufacturers doing the same, it makes sense over the long term.

gmaxwell is right. Bitfury systems regularly pull .9 at the wall for complete systems. And that's a 55nm chip!!!
449  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 13, 2014, 07:08:24 PM


The first rigs indeed did not make $70,000 and I'll keep that opinion until someone can proove it. I don't see how it is possible. Yea, Bitcoin did reach $1k but it certainly didn't stay there.

IF someone who got the first Jupiter, mined with no issues, sold their ~45btc @$1150 then sold their miner for 18btc (and sold right away) then they made over $70k (less price of miner)

doubt anyone did that



Or sold the miner at $25,000 or more. It really isn't out the realm of possibility, just takes a quick decision or two. I know people did it, I know one for sure. Opentoe claiming that it is impossible is nonsense, and calling someone a liar because of it is even worse. He's just jealous that he only got a saturn and didn't buy a bunch of jupiters. Probably didn't sell the thing either.

we ordered 10 jupiters (first batch) got 11, sold 5 for 64 btc each, mined 200, sold the remaining 6 for 190; made 25% profit in btc. thank you knc for best deal of lifetime.

edit: typo

Wow, great job! Mind if I asked where/how you sold them? Eventually, I'd like to sell mine too - but am not sure the best way to avoid scams.

The safest place to sell them is on this forum on the relevant board.  Make sure they've paid in full with BTC before shipping.  Although members of this forum are amongst the most savvy ASIC buyers.  You'll get more selling them on eBay.  Tho then you risk PayPal chargeback fraud.
450  Economy / Service Announcements / Re: Neo EasyCoin Official - Buy BTC With Cash [UK,USA,Russia,Denmark,Sweden,Norway] on: January 13, 2014, 06:58:05 PM
You'll need to register in every single US state separately AFAIK.
451  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 13, 2014, 02:36:39 PM
I think they're waiting until they've mined enough coins to profit before paying any refunds out.

did they use pre-orders to buy KNC miners?   with what are they mining with?

AFAIK they first publicly announced that they had an actual hashing chip over two weeks ago now.  They could have been lying to get more pre-orders in.  Or they could have thousands of chips hashing by now.
452  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 12, 2014, 10:49:13 PM
I think they're waiting until they've mined enough coins to profit before paying any refunds out.
453  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 12, 2014, 09:37:13 PM
I wonder if my calculations are off.  I seem to see that if the rate of hashrate increase on the net remains the same I can probably make a little money with my expensive Neptune in a 3 month period if a btc is $853.  But if the rate of change increases much it will drop to less than paid for and making little after the 3 months.  I used an average of a week a month ago and this last week, btc mined with 300GHs.

Current thirty day average difficulty growth is 56% according to TGB.  Which'll soon rise for about a week before going back down again due to the next difficulty retarget coming up.  As I've already stated at this rate the batch one $10K Neptunes are good to be delivered up until May and still make their ROI.  The last sixty days average growth was 178% according to TGB.  I don't see this rate increasing much and may actually continue to ease off over the next few months.  Unless there's some more dramatic bitcoin price rises IMHO.  Although CT are due to start shipping soon and maybe HF will start shipping en masse eventually.
454  Economy / Service Discussion / Re: http://www.pyramining.com/ - Discussion thread (no advertising here) on: January 12, 2014, 05:25:04 PM
I'm new to pyramining and I'm wondering what they meant with a complete account / revenue...
Can anyone answer me what that means?

Also wondering why my payment still is in queue (has been for a week =/ )

Thanks ^^

AFAIK all current deposits are being saved for new 28nm infrastructure.  Which is planned to start coming online later this month IIRC.
455  Bitcoin / Hardware / Re: CoinTerra announces its first ASIC - Hash-Rate greater than 500 GH/s on: January 11, 2014, 11:43:08 PM
Mine @ p2pool

I think that the cointerra customers are going to put a lot of hashing power on the network here in the next few months. It would be tragic if we were to put most of that hashing power on the big pools i.e. ghash.io, btcguild, or elegius. If we brought all of this hashing power to p2pool we that would be awesome and would help keep the network decentralized. There are no fees and the pool is hardly ever down. Its really not that hard to setup and setting up a node is really not that bad if you have a little extra room on your hard drive for the client, and if you don't you can always use someone else's node. Here is a link that makes it really easy to setup, i also hear that some people are working on a GUI to make it even easier to use.

http://p2pool.in

i like p2p and think its longterm the way to go

but, with knc jupiters there were massive performance declines on p2p and alot of miners switched.

i hope that those problems will be sorted out sometime.

KNC Jupiter's have been working well on P2Pool for a while now.  Although yes CT should work with P2Pool dev's to make sure their machines work well with the pool from the start.  Also I can recommend the pool Bitparking.  Which is a very small pool (to help decentralisation) where you can also merge-mine up to five other alt-coins.  Merge-ming alt-coins is basically money for nothing and if BTC went to >$10K.  Then who know's where the alt-coin prices would go.  With a rising tide lifting all boats IMHO.
456  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 11, 2014, 11:26:06 PM
Ok, i'm officially going mad.
I guess i'm not alone.

I'm not paranoid even tho you all think I am!
457  Bitcoin / Project Development / Re: Bitcoins in space! on: January 11, 2014, 10:45:02 PM
www.redstarmining.com - is currently holding a motion on making a BTC1.00 donation.  As founder of the cooperative I hope it passes.

I would like to announce along with our second birthday celebration that the motion passed  Grin
458  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 11, 2014, 09:30:20 PM
I have a haunce that KNC are waiting for HF and/or CT to starting shipping en masse to drop some more Neptune news.  Also as I've said before I don't think they'll offer any more Jupiter's until some rock solid positive Neptune news.
459  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 11, 2014, 08:57:43 PM

He is bitter because he can't afford KnC gear, although he claimed to have KnC gear and yet he is dissapointed in it and said it will not ROI.
Why all of the other KnC customers can ROI and he is the only one that can't.
Something fishy about this, I bet he is still mining with GPU and don't want people to add hashrate to the network.
Well in that case I have to dissapoint you, I will add a shitload off hashrate to the network.
If I don't do that another will.


I received my October unit on Oct 28th, have been mining constantly, and I am still down 20 BTC from what I paid in BTC for it.

Let me put it in a different way that will make more sense.

If BTC had stayed around $100, only those that received their shipments early October would have made their $ back. People who paid in $ just got lucky with BTC climbing.
 
If you bought BTC at the time in stead of purchasing your miner with $, you would have had more BTC and $ equivalent Today, especially for those getting delivered past Oct 15th.

You should make at least another BTC5.00 over the next six weeks.  Imagine if you went with HF October deliveries instead.  Also you was offered a discount and first dibs on Neptunes.  Although one of our miners was delivered in the same date range as you.  So we're in the same boat as you with that miner.
460  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 11, 2014, 07:23:45 PM
knc must sell again jupiter because

Next difficulty retarget occurs at block 280223.0 (eta 1.3 days): 2068618701.42 / +45.8% [est.]


That is not even close.  The increase will be ~25% not 45.8%.

Yes I agree it'll be >25% to <30%.
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