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481  Economy / Scam Accusations / Re: is cloudhashing.com a scam?? on: September 04, 2013, 10:58:23 PM
My account says I will be paid .211 btc today.  not sure what percent that is.  so far I have been paid

 .106 btc  aug 9
 .172 btc  aug 23
 .211 btc  today

comes to .489 btc so far.  or about 59 usd on todays btc price at coinbase.  i paid in 717 usd in june
Me too, we must have the same contract, 5Gh indefinate.  I paid $1021 in April.  What's up with that?
482  Economy / Scam Accusations / Re: is cloudhashing.com a scam?? on: September 04, 2013, 05:59:49 PM
payments are not up and it is weds.

 not good.

Hey,

Payments will be processed within 12 hours. A mixture of technical issues and illness delayed us this time.

Thanks guys


Kind regards
thanks for up date

I went to work sick as a dog a couple weeks ago.  For simple illnesses like colds and such, you must suck it up, it's no excuse.  This makes us nervous.  It can also discourage future customers.  I hope you're okay/well and I hope there's not just one guy running things.

483  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 03, 2013, 08:05:38 PM
oh man, you gotta read up...

Yeah no kidding.  I have not mined before, but I'm a software engineer, I think I can figure it out with a bit of documentation. anyone got a link?

Obviously nobody's got any experience with this particular hardware since it doesn't exist yet, but I'm sure there's something close enough.
im not sure if this was covered already. I emailed knc about it, here's what they said:

"The configuration of the miners will be done via a web interface and the miners will run a version of CGminer which has been configured specifically for our miners.

We also offer the option to pre-configure the miners by entering your details in your account on our website. You can select a pool, enter your Bitcoin wallet address and enter a worker id.

If you have any further questions please do not hesitate in contacting us.

Med vänlig hälsning  |  Best regards..."
484  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 02, 2013, 01:23:13 AM

Makes sense. Which altcoins are you mining if you don't mind me asking ?
zetacoin
485  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 29, 2013, 06:53:37 PM
Only for your anxiety, I've updated my numbers a bit!

https://docs.google.com/spreadsheet/ccc?key=0AgSa2BKZz0WudHVlQVc0NmNVaXJEUHdLS090dWptSEE&usp=sharing

15th of October - at this increase rate - seems to be the "deadline".
Please explain this graph.  What does it mean?

The point is just that the longer that they take to ship, the longer for the ROI.  If it ships quick, ROI could be weeks or a month, if it ships just a month later, it could take 3-4 months for ROI, so a short delay equals an exponentially longer ROI, or negative ROI.
Okay, so "according to this doc" if you're not hashing by Oct. 15th, you're fucked.  And everyone should stop hashing around May '14.  Yeah, it's pretty dumb, I hope it's wrong.
486  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 29, 2013, 04:30:39 PM
Only for your anxiety, I've updated my numbers a bit!

https://docs.google.com/spreadsheet/ccc?key=0AgSa2BKZz0WudHVlQVc0NmNVaXJEUHdLS090dWptSEE&usp=sharing

15th of October - at this increase rate - seems to be the "deadline".
Please explain this graph.  What does it mean?
487  Bitcoin / Hardware / Re: KNC Miner - Jupiter device: which PSU are you guys planning on using? on: August 29, 2013, 02:44:51 PM
You should get a 1000 watt to be safe.  The one from new egg above seems to be the consensus on other threads, IMHO.  Cheaper too.
488  Economy / Goods / Re: Agora Commodities unique items for sale on: August 29, 2013, 03:00:32 AM


This is not our image. The camera we used for our other coins was just not doing the trick. We have about 20 of these little gems that we bought from a customer.

Selling for 3.32 BTC

This includes U.S domestic shipping.

As with all other Agora products you will find that this is about the lowest price available for these coins BTC or USD. Cool

First come first serve while supplies last.

PM us to order.  Wink
Are those platinum coins in good condition?  I may hit you up, just not right now.  Maybe in a month.  I like your website.  Playing devils advocate, how do we know that 1kg bar isn't filled with tungsten? 
489  Other / Off-topic / Funny bootleg outtake on: August 29, 2013, 12:36:20 AM
Firstly, beware of spyware!!!  I use a mac and have no problem, pc's beware.

The movie is Kickass 2.  At ~26:33 the recorder warns a fellow movie go'er to shut up, LOL!  I just thought it was funny.  Watch any movie anytime.
490  Bitcoin / Hardware / Re: KNC Miner - Jupiter device: which PSU are you guys planning on using? on: August 28, 2013, 10:52:33 PM
I bought this one
http://www.newegg.com/Product/Product.aspx?Item=N82E16817171078

Do we need anything else?
491  Economy / Scam Accusations / Re: is cloudhashing.com a scam?? on: August 28, 2013, 08:47:58 PM
Hey guys, i'm another cloudhashing contract holder.  Bought indefinite contract for july.  I paid over $1000 for the market price around june for 5Gh/s.  If they actually gave what they stated, a July start date at 5Gh/s I would of been happy.  At the time of purchase I had read that there was gonna be a June 20th start date.

With the delays and partial mining power I'm receiving, the market price I paid at the time is not justified and it seems kinda screwed up for early investors.  Whether it was out of good faith or not, $/Gh is dropping by the day and I think investors that were delayed should be reimbursed or compensated.  But it is an investment...

What i'm upset with is that while we are mining at limited capacity and while CH is struggling to obtain full capacity for existing contract holders, they are still selling Sept contracts!  If i'm not mining at 100% rate that I paid for by Sept, then CH shouldn't be selling Sept contracts!

Also what irks me is insufficient numbers and updates from cloudhashing.  This was an investment and there are a lot of numbers involved. Hash rate, downtime, capacity, reinvestment, commission. etc.  All they do is drop a random amount of money into my wallet and I have no idea what's going on.  Need waaaay more transparency and these numbers are not hard to provide if they are keeping track as they should be to supposedly be paying us out appropriately.

If you haven't invested yet, I would say don't bother.  Early investors are getting screwed and investing in complete black box.  I will update with more info if anything changes.
Okay, now this is where the thing about regulation comes into play.  Regs to keep the operators honest.  CH could release a report of the number of contracts they sold vs the hashing power they bought, the investments made, the salaries paid, etc...  Things is, how do you know if it's the truth unless there's a regulating body.  I don't think the regulation should come from government.  It should come from the community in the form of an organization or something.  Like the Better Business Bureau in the US, but not as crooked.  For now it's going to come from us.  I'm warning people to not buy contracts as of right now until they start paying what they say they will.  Or until they get honest with the numbers.  I think they're depending heavily on KNC though.  Probably getting like 1000 Jupiters, LOL!  Maybe we'll see some good earnings after Sept.Huh
492  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 28, 2013, 02:29:56 PM
This thread is now sucking.  Where's the power supply and command line thread?
493  Economy / Economics / Re: Peter Schiff on Bitcoin on: August 28, 2013, 02:11:59 PM
Bitcoin mentioned on today's show. Will post more later.
Okay, I listened to it.  It's an interview with Scott Cleland.  It's a pretty interesting interview if you'd like to listen.  They talk about how google controls everything, they mention Snowden a little, and net neutrality.  They talk about bitcoin in the last 2 minutes.  It's pretty pathetic.  He calls it an "app."  So retarded.  Peter didn't really challenge it.  I think Peter needs to have a real bitcoin expert on his show.  Who could be on his show that really knows about it and can speak in terms of Austrian economics?

Link here:  Is 20:30 long, skip to 19:00 for bitcoin discussion.  Warning: Really lame!
ScottCleland_082713.mp3
494  Economy / Scam Accusations / Re: is cloudhashing.com a scam?? on: August 28, 2013, 12:59:55 PM
Note that cloudhashing no longer includes BFL as one of their mining providers. Correct?
495  Economy / Economics / Re: Peter Schiff on Bitcoin on: August 28, 2013, 01:52:34 AM
Bitcoin mentioned on today's show. Will post more later.
496  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 27, 2013, 07:17:53 PM

So today I'm thinking about the possibility of my Mercury getting fried from lightening. 
http://www.apc.com/products/family/index.cfm?id=145
497  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 27, 2013, 07:12:46 PM
Competition time!

We have a new challenge for you. We require a slogan for our controller board and we have 48 hours to make up our minds. You may remember we made a couple of minor mishaps with our Mars board. On our original Mars PCBs we printed: Bitcoins make the world go around! (Grammer is not our area of expertise, chip design is). So we have chosen to open this part of the design process to those following us on this forum. This is your chance to be immortalised in Bitcoin tech history. Please design the phrase you wish to see. There is still a space for one sentence on our boards. The 48 hours start now. Competition ends at 5.30pm (local time). We will decide the winning entrant which will then be seen on all our hardware; Jupiter, Saturn and Mercury.

Thanks,

KnCMiner team.
"KnCMiner: The bitcoin Universe has no boundaries."
498  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 26, 2013, 05:38:30 PM
Cole said. “Everything is still on track for me to have Jupiters in customers’ hands in September.” He expects to fill most of his customers’ orders in early October, and says that he should have cleared the current queue of orders by mid October.

http://www.coindesk.com/kncminer-takes-delivery-of-asic-boards/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CoinDesk+%28CoinDesk+-+The+Voice+of+Digital+Currency%29

That sounds really really good. Lets pray for the hope of our wallets :-)
 

Yup ,we know from what he stated it wont be early September so were looking at mid/late September delivery.

“It won’t be at the beginning of September, I’ll tell you that,” Cole said. “Everything is still on track for me to have Jupiters in customers’ hands in September."

Its getting close to crunch time, good times.
In customers hands in September. WOW!  I'm so nervous I'll miss the UPS guy!!!  I'll have to drive to the warehouse and make them find it.  I'm never home for UPS, ugh!!  So nervous! 
499  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 26, 2013, 12:47:41 PM
All I care about is when are they going to be at my door, what's the power supply, and what are the command lines?  I will not be surprised if they ship the last two days of September for days 1 & 2. Then hold off all October orders until the last week of October to ship.  That way the people who took the risk with early orders reap the rewards of their risk.
500  Economy / Scam Accusations / Re: is cloudhashing.com a scam?? on: August 26, 2013, 09:10:35 AM
I understand the asics arms race and all but if CH has sold thousands of contracts how can they only be hashing at 1.2 Th?  They should ideally be hashing at min 6000 Gh, max 30000 Th. I'm basing that on seeing 6000 contracts sold on their website some time ago and the max a person can own is 5Th. Not sure how they'd regulate that.  But anyway, my point is CH is nowhere near their demanded hashing expectations.  I have full confidence they will get tons of Th when KNC delivers.  We can also add BFL's minirig orders from April '13 whenever that day comes, God only knows.  

I think they are currenly paying out proportionately to their hashing power.  But at the same time, I hope they reward the early adopters like myself who took the risk on them.  People buying contracts now are benefiting from our risk.  A previously bought July 2Gh x1yr contract cost ~$300.  A sept 2Gh contract is $99.  I traded my one July in for 3 Sept contracts.  I'm just wandering, based upon the early adopter reward hypothesis if I made the right decision.
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