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Those ASICminer shares on 796 split by x100 are worth 0.14MH each if I am correct in my calculations. While our shares are worth over 12MH each currently and all set to grow to over 0.111GH each@20nm by spring. While all our current hashrate is all 28nm while all there's is on 90nm iirc. So we should get a better price per share on selling all our current gear as soon as the Neptunes arrive. While the ASICminer-796 shares are x4 our current share price. So either ASICminer is heavily overvalued or we're massively undervalued. I think it's a bit of both tbh.
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i really wish KNC would answer their phones once in a awhile....
that boat has sailed..it is like they just waved the white flag and bailed on voice support...I just get an answering machine in Swedish....all it does is make me doubly annoyed in that no longer can you call them voice...and I suddenly want to have a Swedish girlfriend .... It's weekend and it has been stated before that the office staff do actually work only office hours funny enough. It's only the engineers who work on caffeine intravenous drips. |
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Yeah we pay a premium for our ASIC's as someone else develops and manufactures them for us. Although I really can't see ASICminer going from <60TH to >500TH before we get our Neptunes and keeping up with our growth short term growth.
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I can't speak for what's happening on the hardware end, but, there is still heaps of work going on behind the scenes by myself and their engineers writing software for their fpga communication board and the cgminer driver, so I very much doubt we're working on nothing (especially since I'm getting paid to write said code).
That is good to know, thank you for chiming in. Unfortunately, among other things, Cointerra owes me money, which I owe to my investing group, that we would like to have, and would have, re-invested over a month ago. Their delay cost us a lot of money already and continues to cost us more. My concern was never whether their hardware will exist or not, however that has now become a growing concern based on their punctuality struggles with both tapeout and customer support response time. You have made a lot of serious accusations and have posted no proof other than a string of messages that do not say anything at all. Perhaps, you should post something that will make us believe you. First, I'm not trying to convince you of anything. Second, I welcome Cointerra to the discussion. That's my goal, in fact. All I want is for them to address my issue. That is what I figured. You are full of it. There is probably a good reason they do not keep calling you back (your own posts indicate they did respond and you wanted your "demand" escalated to a "supervisor"). Hmmm, who should I believe. Someone like Con who has been altruistic toward miners for years, or someone who just jammed up an account two weeks ago to post smack comments. Who do you think sent him HF or BFL  |
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I can't speak for what's happening on the hardware end, but, there is still heaps of work going on behind the scenes by myself and their engineers writing software for their fpga communication board and the cgminer driver, so I very much doubt we're working on nothing (especially since I'm getting paid to write said code).
good to know but knc is eating their lunch (I've no dog in this fight but customer relations is a plus esp if they want to compete against KNC imho) got no dog in this fight .....might be interested in these units...but this silence on their part is daunting so above is just in case someone with any clout from cointerra reads this thread..... my 2c worth in passing by Searing We have been VERY happy and successful with our KNC purchases, for the record. We just ordered 3TH rigs a few days ago with what had been previously set aside for Cointerra purchases. As things stand, I'd advise anyone else debating between the two companies to go with the obvious. Thanks for your 2c  After the special batch of Neptune's for previous October delivery customers. I can see the second and public batch for them selling out extremely fast. |
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Is anyone mining October Jupiters on P2Pool with cgminer successfully. I know when we tried the other week it would mine OK but every so often cgminer would crash. So it'd just go unhashing for hours until we realised. We have two October Jupiters and a November one on the way that we'd like to hash on P2Pool.
I just started mining my Jupiter on P2Pool 2 days ago, but so far it has been running great - no problems at all. CGMiner reports a low average hash rate - ~450 GH/s while I typically see a very consistent 566 GH/s on other pools - but P2Pool reports close to the actual hash rate, and the payouts are correct for my actual hash rate. [EDIT: I should say that this is with the latest 0.99-tune firmware. It was running the same on the plain 0.99 before I updated.] Yeah it too a good few days between crashes but we was losing that many coins we had to move them off P2Pool. I remember seeing a bug fix by ckolivas for a serious memory leak that occurred when using the cgminer API. If you were using the miner GUI alot, especially if you were using something like Bertmod, that might explain the crashes you were seeing. If so, you might want to try with the latest cgminer. If not, well, maybe I will start seeing crashes later too  I sure hope not. Let me know how it goes please. |
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Each ASICminer share is worth 14.65(MH/s) while each RSM share equals 12.5899(MH/s) currently. While we've ordered enough Neptunes to take us too 0.111(GH/s) per share. Can ASICminer keep up with our near-term growth over the next four months and over the longterm. This rapid growth is due to us being a 90% reinvestment mining stock.
For ASICminer to grow as fast us then they must reach over 517(TH/s) before we reach 15(TH/s). Or 172 Neptunes they'd need which would cost over $1.7Million and use over 0.344MW of power even if they went 20nm.
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Anyone had any luck recently with contacting Cointerra by email/forum/PM/telephone? I've made several attempts and had no luck. It also appears they are moderating their forum posts on http://forum.cointerra.com/ which is totally fine by me but at least dedicate a person to moderate them. It's not like they are dealing with thousands of posts. Being legit in my book means hiring some extra staff to respond to legitimate customer requests during normal working hours. they have ignored several emails from me for two weeks now. prior to my purchase they answered within an hour on several occasions. Yea, don't know why they don't hire some extra minions Hello, We are experiencing an exceptionally high volume of both phone and email support requests. We are actively training additional support staff, but currently we do have a backlog of emails and voice mails. Our support is staffed for phone support during business hours (Central time) but due to high call volume you may still reach our voice mail at times. The CoinTerra Team How long is your backlog? I was told a supervisor would contact me TWO WEEKS ago and I am still waiting. You found the time and staff to launch your hosting services in the meantime. Maybe you should stop launching new things until you can adequately service your existing customers. You owe me money. I doubt you would be so patient if our roles were reversed. It has now been 25 days since I was promised a supervisor would contact me and I have heard NOTHING! This, after spending a LOT of money, enough to hire a full time employee to deal exclusively with me. Cointerra, you owe me money and are ignoring me for almost a MONTH! Do I really need to get an attorney to have my issue even acknowledged??? I've never threatened a lawsuit in my life so far but this is FUCKING BULLSHIT. I would have spent SO much more on you. Penny stupid, dollar stupid. This doesn't sound good but maybe it's just an oversite. Although I did hear they taped out over a month late. I don't know if that's correct or not. Also if Cointerra did have problems then they wouldn't announce so until the boards were actually late. So as not to effect any more pre-orders they'll receive until the new year. |
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Some anonymous person(s) is donating 50GH to RSM currently - http://p2pool.info/ - if anyone else wants to donate - 1KMLjhgjGLxZTJT5TSWxV2HCZHBqpDEpa1 |
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Anyone know what the latest order number is to get a tracking code.
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Is anyone mining October Jupiters on P2Pool with cgminer successfully. I know when we tried the other week it would mine OK but every so often cgminer would crash. So it'd just go unhashing for hours until we realised. We have two October Jupiters and a November one on the way that we'd like to hash on P2Pool.
I just started mining my Jupiter on P2Pool 2 days ago, but so far it has been running great - no problems at all. CGMiner reports a low average hash rate - ~450 GH/s while I typically see a very consistent 566 GH/s on other pools - but P2Pool reports close to the actual hash rate, and the payouts are correct for my actual hash rate. [EDIT: I should say that this is with the latest 0.99-tune firmware. It was running the same on the plain 0.99 before I updated.] Yeah it too a good few days between crashes but we was losing that many coins we had to move them off P2Pool. |
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Is anyone mining October Jupiters on P2Pool with cgminer successfully. I know when we tried the other week it would mine OK but every so often cgminer would crash. So it'd just go unhashing for hours until we realised. We have two October Jupiters and a November one on the way that we'd like to hash on P2Pool.
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2TH for somewhere between (12 x 120v = 1440w) and (12 x 230v = 2760w) is not exactly a huge leap in efficiency. Slap bang in the middle of that range is 2100w You can have 2TH with 55nm Bitfury for 2300w  0.7W x 2000GH/s = 1400W I believe it will be well under that. probably around the 1000W range No it will be over 1440w because they said US buyers would be down on power and some cores wouldn't come online on a standard household power socket. Yeah if it's 0.7W/(GH/s) on the chips at the wall it'll be more. So two 1000W PSU's per box? |
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2TH for somewhere between (12 x 120v = 1440w) and (12 x 230v = 2760w) is not exactly a huge leap in efficiency. Slap bang in the middle of that range is 2100w You can have 2TH with 55nm Bitfury for 2300w They quoted 0.7w/(GH/s) tho they were very conservative last time with their estimates. They didn't beat the 55nm Bitfury with the 28nm. Eventually this game will come down to power efficiency. Maybe there design has been improved a lot this time on their second generation which'll be a third generation in general bitcoin ASIC terms. Hopefully it'll ship before Hashfast and Cointerra's 28nm chips |
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2TH for somewhere between (12 x 120v = 1440w) and (12 x 230v = 2760w) is not exactly a huge leap in efficiency. Slap bang in the middle of that range is 2100w You can have 2TH with 55nm Bitfury for 2300w They quoted 0.7w/(GH/s) tho they were very conservative last time with their estimates. |
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http://www.coindesk.com/kncminer-pre-orders-next-asic/KnCMiner will today announce Neptune, its next-generation product: an ASIC bitcoin miner using 20nm chips that will provide at least 2TH of power.
Some North American users might not be able to use the full power of the boxes unless they run electrical supply from different fuses.
“Maybe a European house can run six chips and a US house less chips,” he said, adding that chips would turn on automatically as more power became available to the box.
“The issue is that we are getting very close to the limit of the household supply in our next generation,” he said. “So the bottleneck has become the house.” This will probably be one of the firm’s last retail products, he added.
Existing customers will get a discount on the boxes, and they will also receive their products around two or three weeks earlier than the competition. There will be no trade-in program.
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Interesting news.
I hope KNC learn how to send email so we can learn the whole story. I have had very few.
Just a little reality check here, had the price of BTC stayed where it was when we ordered or risen as seemed more likely back then we'd all be in a very different place right now. We had a lucky quadrupling of the exchange price which put smiles on our faces...and apparently erased all the other stuff that happened from memory.
I can't see them needing to use pre-orders at all now, a 50/50 split would be much more equitable.
I wish you luck if you jump on the double or quits game again, it takes balls or stupidity IMO.
Call it what you will, I'm "All In" with KNC, re-investing every bit that comes in as fast as it is possible here at KNC, but that's me... I fully agree with Winlevoss when they valuate BTC @ 40grand plus a coin within a couple years.... my numbers actually say much higher. What do you think is going to happen when PayPal announces Taking BTC? and Google?... How about this election, when politicians will be accepting campaign contributions in BTC, or When the Borse IPO is listed on the NYSE? or when BTC actually hits Forex, or a commodity exchange? We have a looooong way to go....this is just the beginning. I hope you're right mate, personally I see those two goons are greedy self promoters who say things to prompt a reaction from some sectors...I think it will take longer to get to those levels. Long term assuming it doesn't completely bust out due to some govt interference or something it's a wise move to collect them and not use them to buy risky mining rigs Based on what Orama just said about them not "needing to" ..they now know they can pretty much charge what they like for gen 2 and they'll still all sell out...so that's going to be the interesting thing, how many of your hard mined coins will you need to put back into the roulette wheel to play this round? +1 bitcoin could very well be over $2K/$3K per coin with difficulty well over 3Billion by the time they start shipping KNC generation two. I think a wise move is for every BTC1 spent on KNC generation two is to put BTC1 into cold storage as a hedge. After all KNC are only using pre-orders at all on their second generation as a hedge. They are in a position now to get out of the risky pre-orders game now but are choosing not too. After seeing all the benefits of taking really early pre-orders. |
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If there is no rush, then send without any transaction fee. I feel bitcoin wouldn't work for a pay as you read system or alike for online newspapers. The confirmation times are too slow, I want to click and read, it click, wait upto 20minutes them read...
bitpay doesn't wait for a block to confirm your payment why should a newspaper. |
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Did Hashfast move Jan. delivery date to March?
yes this has been confirmed This thread just got more interesting. Told you this is the new BFL. They raised the bar from two weeks to two months. To be accurate about what they're saying is that batch four delivery date will be by the 31st of March not batch two or three. The fact it's the same price as their January pre-orders were tho doesn't look good to me. Even with the raised BTC price but yet KNC are no longer taking orders for any new gear and Cointerra have done the same with the pricing of their latest batch. Off-topic does anyone know how Cointerra are getting on. Although their due delivery date is not until the end of next month. So I wouldn't expect them to spill any potential beans on any possible problems at this early date and put off any new customers buying. Just like Hashfast didn't until the latest possible moment. |
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