AFAIK everyone of the micro-shareholders who were the only ones being paid has been paid. They were just being paid to the micro-shareholders who didn't own enough shares to qualify for the manual dividend which was paid the month before moving to 796.com.
I'm one of those micro-shareholders, I had 68 shares at that time , and the dividends were 6043 Satoshi's per share . So it would add up 0.00410924. I haven't seen that payment made in my 796 account or in my public wallet I've PM'd you about the matter. |
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I don't believe KNC would offer any more Jupiter's (from stock) until some very promising Neptune development news first. If they're are to offer any at all. So as not to hurt Neptune pre-orders or cause a mass exodus of Neptune refunds. Which started to happen when they first mentioned a Jupiter batch #3.
How excited for the Neptune are you guys, really? Especially you General Release folks? Pre-release batch will do okay for the first or second difficulty change and then the whole thing falls apart again. But I still think people will be worse off than had they not traded in their Oct & Nov Jupiter's. Mining now is so much more important. People look to the change from CPU to GPU but I don't think it is a good comparison. GPU settled and slowed down when BTC wasn't worth anything. This is a different ball game now. People are just going to keep piling in. I see no reason why they wouldn't. Exponential difficulty growth rise changes can not continue forever at over 1000% every ninety days. The rate of change of growth will start to taper off to start follow Moore's Law over the next year IMO. Unless we rapidly go to >$10K a coin otherwise large miners will be best putting bitcoin into Nuclear Fusion research to keep any decent share of the reward. 56% was the last thirty days difficulty growth according to TGB. It wasn't long ago that single difficulty changes were in that magnitude. Yet the latest difficulty changes have been the largest ever changes. |
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Roll Dividends IncomingIn coordination with 796.com RSM has been able to pay it's Rollover Divs from the period in between BTCT.CO 's shutdown and 796.com listing us. Dividends should be paid out over the next couple of days. What happened to this? it's been more than a month AFAIK everyone of the micro-shareholders who were the only ones being paid has been paid. They were just being paid to the micro-shareholders who didn't own enough shares to qualify for the manual dividend which was paid the month before moving to 796.com. |
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One last statement before I leave for good.
I just got my funds successfully transfered back into my account.
--------
Processing Information Panel WIRE TRANSFER CREDIT ON 01/09 activity type credit
status type icon pending
Processing. Select to mark activity type credit 6,064.55 WIRE TRANSFER CREDIT ON 01/09 as Reconciled
6,064.55
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True it isn't 45 thousand dollars but I am now not having to follow this thread any more.
Have a great time and as I was told once - I will enjoy not monitoring it any more.
tmcgough just pm'ed me on how to get my $6,064.55 refund from hashfast. Good to see somone, a batch 1 customer, with 8 post history caring so much that I get my refund back, but I payed 60 BTC goddammit! The saying "there's no such thing as a free lunch" comes to mind and makes me think its more likely it was a shill then a voice of reason amongst all this anger vented at HF. |
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I don't believe KNC would offer any more Jupiter's (from stock) until some very promising Neptune development news first. If they're are to offer any at all. So as not to hurt Neptune pre-orders or cause a mass exodus of Neptune refunds. Which started to happen when they first mentioned a Jupiter batch #3.
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I really wish you a nice time, tmcgough.
matthewh3, if that was true, it won't be easy to prove. We dont even know what's the company that has the IPs, the contract with the fab, etc... There will be a lot of work to do.
I have no dog in this fight but look at how CT has handled their delay compared to HF. It just shows it's another toxic US bitcoin ASIC manufacturer like BFL. The BFL CEO had already been convicted of fraud before starting BFL. To me I'd find it hard to trust any new US ASIC manufacturers that may pop up after BFL and now HF. Edit: For the record I currently have never had orders with CT either. |
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HF in brief; They came to the bitcoin community promising the world to raise funds for a 28nm ASIC. Now they're currently mining and offering customers-investors their money back at a loss. They had devices in the wild last week and since then network hashrate has exploded - http://bitcoinwisdom.com/bitcoin/difficulty |
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I am in the minority of the market as a #1 Small Investor who wanted to re-invest, but unfortunately does not have the ability to host the latest KNC miners without moving or finding an outside hosting solution which stinks because KNC actually did deliver and really the rest of the mining companies are very risky compared to KNC miner in my opinion.
I really hope they release the Jupiters but I can also see them just focusing on the Neptune and attempting to release it earlier than expected, that would really keep groups #'s 2 & 3 as long term buyers.
A hosted solution is going to be pretty much inevitable within six months I reckon because either you'll want a second machine to keep up the earnings, or the next development increment will simply melt a residential property power circuit, so I figured I may as well bite the bullet and start looking around for hosting now. If we're sensible and community minded, people will band together and group buy a data centre and host themselves at cost. But because we're all solitary and selfish we won't, but hey - it'll just be part of the cost of doing Bitcoin business. The team at - www.redstarmining.com - are looking into starting a data centre to host Neptunes in the Mid West United States. Due to cheap electricity and no import VAT at 20% like all EU miners currently have to pay. We've started this thread to see what kind of interest there is - https://bitcointalk.org/index.php?topic=383544.msg4125801#msg4125801Careful Mat.... Fincen just mentioned hosting indirectly... "Money transmitters" just a heads up...you might want to read their latest announcement.....and I don't mean just the headline....hehe The world has more than one major economic block now and the deepnet is getting deeper too if RSM has to say goodbye to US shareholders. As for the datacentre it's just that and not a farm or anything else. Customers will pay for rackspace and nothing more. Edit: Worst case scenario for RSM is for the cooperative to end the public trading of shares which are currently done in Hong Kong. As a private cooperative of individuals we can continue RSM's 90% reinvestment privately. |
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www.redstarmining.com - is contemplating of soon offering ASIC hosting in the US to help EU miners avoid >20% import VAT. Our electrical costs we have to pay are good too at <=$0.12 per kWh. RSM is two years old in January so you don't have to worry about us running off into the night. The thread is to just gauge potential interest before we design our data centre. We'd probably offer six months contracts. So that when the six months is up you can ship home your ASIC's on there new reduced shipping values. Where exactly are you located? I maybe interested if you're within a reasonable drive of my location. We're currently planning on locating data centre in the Kansas City area. Maybe you could help out on the project if local and interested. |
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Hmm. yea interesting. I hope you're not just limiting it to Neptune's but would potentially host any mining gear.
That aside, to help decide whether it stacks up here are two points:
1) If you've got an EU VAT number (i.e. you're trading as a business or know someone who is) you can buy within Europe and KnC don't have to charge you VAT, so in practice it's like being in the USA as far as taxes are concerned.
2) Best commercial hosting quote in Europe I've found so far is $180 per kilowatt per month including power. So that's probably going to be around $550 for a 3Kw (guess) Neptune.
If you can beat that then I'm interested.
It would cost us less than $300 a month to power 3kW 24/7. Although of course things like rent and wages will need to be paid. |
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I am in the minority of the market as a #1 Small Investor who wanted to re-invest, but unfortunately does not have the ability to host the latest KNC miners without moving or finding an outside hosting solution which stinks because KNC actually did deliver and really the rest of the mining companies are very risky compared to KNC miner in my opinion.
I really hope they release the Jupiters but I can also see them just focusing on the Neptune and attempting to release it earlier than expected, that would really keep groups #'s 2 & 3 as long term buyers.
A hosted solution is going to be pretty much inevitable within six months I reckon because either you'll want a second machine to keep up the earnings, or the next development increment will simply melt a residential property power circuit, so I figured I may as well bite the bullet and start looking around for hosting now. If we're sensible and community minded, people will band together and group buy a data centre and host themselves at cost. But because we're all solitary and selfish we won't, but hey - it'll just be part of the cost of doing Bitcoin business. The team at - www.redstarmining.com - are looking into starting a data centre to host Neptunes in the Mid West United States. Due to cheap electricity and no import VAT at 20% like all EU miners currently have to pay. We've started this thread to see what kind of interest there is - https://bitcointalk.org/index.php?topic=383544.msg4125801#msg4125801 |
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I've known the main person behind this for a few months and they're very trustworthy AFAIK.
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i dont think nothing only see others company wht is problem ?
like see competition
The problem is its almost 100% fact that they committed fraud just like BFL did. With promising expensive miners for quick delivery. Instead of offer the miners at a price that would suit their ship date. They are already two months late which is drastic in bitcoin mining. With the difficulty claiming almost 700% in the last three months. Everyone of their batch one customers has lost a lot of coins. While I wouldn't be surprised if even there second batch customers due to ship last mont can never make a profit now. You're either a HF shill or you need to follow the boards a lot more closely. |
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www.redstarmining.com - is currently holding a motion on making a BTC1.00 donation. As founder of the cooperative I hope it passes.
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Folks seem to be assuming that a Neptune will need to be plugged into a single power outlet.
Depending on the setup, it may be possible to use 2 to 3 1200 to 1500 Watt power supplies plugged into outlets on different breakers to power 1 Neptune...
It's standard to have a couple of 240V, 32A circuits in UK houses. So that's over 7kW per circuit. The master fuse on the grid side of my meter is 110A but I'm not sure if that's at 240V or part of a drop down transformer. |
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schnip schnapp
11, I hope you got someone hosting those for you. there is no way home service could support those not unless its 400amp and you don't plan on running anything else in your house.
 What do you think, is it enought power? You will need 240V and calculate at least 13A at 240V for each Neptune. So UK houses/flats should be okay they'll just maybe need to use different circuits if they have a lot of Neptunes. US homes usually have one 240V socket IIRC but I'm not sure what the amperage is for the socket. |
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Well I think we have been getting mixed messages.
On the negative side:
1) we have not received any information that the machine they have assembled currently is ready for production (with final power and performance stats)
2) we have not heard that they are moving forward with the system as designed and are having a large number of boards shipped to CIARRA for mass production.
3) no time lines have been shared as to what remaining items need to be finished to be ready to ship by the end of the year.
On the positive side:
1) gateway's visit showed that several days ago that had a configuration that would work to meet the minimum advertised specs
Ahh... I guess that is it on the positive side. Can anyone think of any positives? I guess there is also the statement that they will... but... ahh... See negatives above.
Someone a few pages back had a conversation with them on the phone and was told they would ship them all starting the day after Christmas through the 31st. iirc Or are they just buying even more time to woo new pre-order customers just like BFL and possibly Cointerra? |
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hw errors eligius continues same
after few hours
i continue dont know why knc ask psu 1200W if only max 700w
Eligius blows. Pay the fee and use The Guild. Nothing but bliss and payouts like clock work. Why does Eligius blow? Just wondering its been better then the guild for me. Because I think the payout system there blows and the stats/info you get back aren't nearly as informative as The Guild's. I also like the manual payout feature which Eligius does not have. I've had good hash rate, but trying to get paid was another issue. So I went to the Guild and been paying fees ever since. Their dashboard and informative charts are at my finger tips and very clean and easily read. Suckers everywhere, Pay 3% for pretty colors and "quicker payouts" because you don't know how to use the "My Eligius" Features. People are trying to maximize their money, if I had to pay a 3% fee I would have paid BTC Guild BTC16, I hardly believe their stats and manual payout feature is worth that. Different Strokes for Different Folks! When people are so hooked and loyal to a pool having stats doesn't matter anyway, cause they are going to stay there no matter what. Bad stats or good stats. I'll gladly pay for a more refined look and better looking dashboard. I'm sorry but the Eligius site looks like a teenager wrote the code and really needs a big overhaul in my opinion. And trust me, soon as the operator spends more time and actually doing some updates he'll charge a fee. Features? Yea, I've seen them....they aren't must to be desired. I guess you think the thousands that pool there are all suckers, right and the Eligius pool is for the "techie" or "nerds" only that only know how to use the site. Such typical answers to an opinion. No sorry but it looks more like a teenager in the 1990's wrote it  But who cares it's a good pool and if it added a few more alt-coins then it would get all of - www.redstarmining.com - hashrate. I'm a big P2Pool fan BTW it just the ease that pools like Eligus and GHash.io offer for merge-mining. Compared to running your own node. |
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Contest closed but I may do another silly Christmas giveaway over the holidays.
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