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5461  Bitcoin / Mining speculation / Re: is the mining bitcoin in home profitable? on: August 13, 2016, 08:54:47 AM
No but LTC is catch is finding a knc titan at a price that works is hard....but I'm doing ok on such....i convert ltc to btc and keep 10% in LTC

lucky got some new equip that will ROI in 5-6 months with psu's and mods..if i point all my 3400 mh at the debt will roi in 5-6 months at worse


but only angle ..btc home mining sure does not work  on the above at 14.6c kwh (i clear about 2350 bucks after electric taken out)

but imho btc home mining is NOT working anymore that boat has sailed

5462  Bitcoin / Mining speculation / Re: Reasons Mining Will NEVER Be Profitable on: August 13, 2016, 08:32:03 AM
I tried really hard to understand the post which is above mine but I couldn't.
Can anybody encrypt this cryptic writing?
What the hell did he say (or at least tried to)?


mining thread says never profitable

you said it is electric ..ie cheap electric

I pointed out my electric is expensive my equip is not

both would be better

the goal is both but it does not just have to be cheap electric

dumb luck is also involved for either

and again following the thread theme that is it NEVER profitable to mine...well at 2300 after elec per month and ROI in 5 months on the new stuff
even at 14c kwh ..er thread is wrong is what I'm saying...but dumb luck is needed that is for sure

if you were just referring to cold...it does not matter it is air flow....in my basement setup with 1450mh and probably 6000 watts it is AIR FLOW
ie if it is 80F outside and 88F in the  basement that is about as good as it is gonna get....I add 8F over the outside temp....air flow and fans moving
air through ..getting the heat out is the main deal.....some heat will happen as you heat up your mining area....can't avoid it (limestone basement
will and does keep 8F of heat above say outside temp of 80F...but moving air keeps it from getting too out of hand..if you find yourself too far
in the heat increase...you just need more frigging air flow (or so it has worked for 22 months)

and of course winter you heat the house for free Smiley

hope this clears up my thinking on what I think you meant




5463  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: A4 Dominator - Pre-Order Group Buy - 280mh, roughly 1000w, $1800 + shipping on: August 13, 2016, 05:50:44 AM
Not really un-expected...
When any company sais a date, it's a drop-dead date. They specified that September would not be considered late, so holding delivery till the end of Sept is what I pretty much expected from the beginning.
Now, that said, if they do push to Oct, then I would be all over them like a cat on spilt milk. I would be raising all kinds of hell if they can't deliver in Sept, and demanding some sort of recompense or I would be blasting to all the world about their late deliveries and un-reliable business.
But, that's in the future, for now ill hold off and expect them to keep their end of the deal.

Catch is every legit or un legit asic maker of scrypt and/or sha-256 miners I've ever heard of has been at LEAST 1 month late. Just saying it is very very common or at least it was
in the heyday.

5464  Bitcoin / Mining speculation / Re: Reasons Mining Will NEVER Be Profitable on: August 13, 2016, 05:44:16 AM
Cold isn't critical, low electric cost IS.

 Cold can HELP though.

 Best place to mine in the US is NOT a particularly cold area - but it's DRY around here making low-cost Evaporative cooling reasonable most of the time it DOES get hot.


The 2nd part to the above is equipment cost...anything is possible if you get the equip cost low enough....that requires almost lottery level luck thou.

I picked up 7 new Titans this year. A 300mh nov 2013 new unused unit on a corp blunder..never used...he lost to knc class action for $1825 with shipping. Ebay buy it now with paypal
no less Smiley

and 6 400mh KNC Titan5 cubes new in the box from the KNC Liquidation sale we stumbled into...BUT the equip all has to be repasted (wrong paste) was new
but put together by clueless temps....and shipped in crummy boxes....thus 20% damage rate w/o counting the full repaste re-do on the lot of 24 in that batch.

We figure we can get all but 5% back..sad seeing new equip toasted because no thermal pads on new boards due to knc being temp worker idiots and testing
such there at 400mh for 1/2 hr....sure it worked for a bit...charcoal brick thou dc/dc's when we got some ..fun times.

It was however knc so we expected no less them being evil and all (tm knc) they were 1900 a piece with shipping included.

I bring this up because with hosting etc it comes out to 14c kwh and I should ROI with PSU's etc in less than 5-6 months. (not just miners psu's/gen tarkin firmware etc etc)


But like any miner that has survived....it is a matter of luck ..if you have good location ( 3c kwh say) you need equip ... in my case got crummy electric
but scored on equipment..the real winners on all this is if you can manage to beat the 'fates' and get both Smiley

Electric is the easiest imho to control. (you can always host something elsewhere) but equip ..especially scrypt equip that pays to a point of ROI these days is

the real Unicorn hunt imho (If you are a home miner that is)



5465  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: A4 Dominator - Pre-Order Group Buy - 280mh, roughly 1000w, $1800 + shipping on: August 12, 2016, 12:30:50 PM
Do the math.
 at 1200 Mhz "full turbo" clock in the original software, I've got A2 units turning about 110 MH eating about 1250 watts at the wall.
 I'm not at "under 3c/KWH", closer to 4 where I'm at - but hopefully I'll be able to do a LOCAL move into one of the under-3c/KWH adjacent counties sometime in the next year or so - it's MUCH easier to find a place when you're LOCAL after all.

Here's the math. About $2.67/day  for 110MH A2.
http://www.vnbitcoin.org/detailcalculationltc.php?name=LiteCoin_Mining_Rig&startdate=2016-08-11&costperunit=3995&wattperhour=1250&gigahazarate=110000&daytoincrease=3&testlopfirst=3&diffincrement=0.7064&bitcoinperdollar=3.7&electriccostinput=.04&begindifflevel=52865


A dyingTitan, with dies turned off, running at 110MH would consume about 400w at the wall would return $3.49/day
http://www.vnbitcoin.org/detailcalculationltc.php?name=LiteCoin_Mining_Rig&startdate=2016-08-11&costperunit=3995&wattperhour=400&gigahazarate=110000&daytoincrease=3&testlopfirst=3&diffincrement=0.7064&bitcoinperdollar=3.7&electriccostinput=.04&begindifflevel=52865


Well no matter how you look at it we need a price pump in BTC to say $700 bucks *mario* and good old Yoshi ..that is LTC at around 5-6 bucks...no matter what your equip
or how you look at it.......

I'll probably still do a little bit more then break even on the new hoard..but where is the fun in that? At around $4 that is......sigh....

crypto you merciless bitch Smiley



5466  Alternate cryptocurrencies / Altcoin Discussion / Re: R.I.P Ethereum - The Pre-Mined ScamCoin is dead on: August 11, 2016, 07:10:23 AM
Don't have any ethereum but have a question

What happens if ETH classic stays POW and the other ethereum fork goes POS.....would not everyone just switch (miners) to eth classic and do better anyway?
with all them miner cheerleaders for eth classic at that point..would not the momentum completely swing to eth classic?

not trying to be an ass but kinda just looking at this (oddly probably) from the sidelines..what am I missing?

5467  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 11, 2016, 07:06:29 AM
I'm going to guess that the way Bitfinex has handled the debt is illegal on multiple levels and they are going to be hearing from the likes of CFTC again. You don't see anything like this happening in the real world.

Well,it's Bitcoin & Hong Kong....any more questions??  Cheesy

Well I'm waiting for the pissed off (loss of face) China miners to announce an 8mb hard fork due to issues with such a timeline by bitcoin core...only reason we have not heard such
by now is Bitfinex mess..but wait for it .won't really effect me in that I mine LTC and BTC and hold mostly..but man the price will dump again imho on this new FUD fruitcake.

crypto: more drama than a Mexican soap opera Smiley

5468  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: A4 Dominator - Pre-Order Group Buy - 280mh, roughly 1000w, $1800 + shipping on: August 11, 2016, 07:01:15 AM

As to the A4's I kinda doubt they will shoot out the numbers of the Titans...I think KNC said they made 5k of Titans.....in reality I think it was no more then 3.5k and
they made those numbers as a batch for the dies when LTC was about 10 bucks. So I suspect MAYBE the most A4's we might see would be 1.5k and that imho would
be a huge dump for the price LTC is now.

You think thay only made 3500 titans? If you say the average titan hashes at 300mhs now, 300 x 3500 is just over 1000GHs. The network is currently at about 1600GHs. Where is the other 600Ghs coming from? Are there that many A2's still running? Anything else should be unprofitable Id think. If the average titan runs at 400mhs then that brings us to 1400GHs which could be right but I dont think most titans run at those speeds - I could be wrong tho.

5000 titans @ 300mhs is 1500GHs which also seems to closely fit.

I guess it depends on what older ASICs are still running. Last I did the math, gridseed GBlack's were no longer profitable and I think they were the third most efficient miner (A2 being 2nd and Titan 1st).

you could be right thou I think a lot of A2's are still being run in china and alcheminer 256 with their 3rd party firmware seems successful  but just the other day someone with 3c kwh
in texas says he was still running A2's at a profit

but China has a lot of data hall scrypt I've been told NON KNC or so the myth goes

but hey you could be right I just know KNC was trying to sell 5k of units..but cancelled last and 3rd batch...so why my hedge

main thing for me is with the improved (think V2 rocket vs NASA now) gen trakin firmware to monitor and the other mods i have done and such ..the Titans I have
are likely to have a lot less stress/temp in the next 2 years then the last 2 years....so looking good with all the 3rd party support..so assuming scrypt hangs together
in some manner (mainly LTC) we should be ok no matter if it is a Titan or an A4 (assuming they come out sometime before Oct ouch)
5469  Economy / Exchanges / Re: Bitfinex HACKED - funds stolen ! on: August 10, 2016, 08:00:30 AM
ant ETA for deposit/withdraw issue?

It may be quite a while ...they will be sued and not allowed to do this till appeals are done..could be a couple years..it all depends on
how much money some whale lost and if it is worth tying all this up in court on his/her/group of 37% loss.

I expect someone who has ALT coins and expected to prop up bitfinex's btc loss will also sue

It will be a royal mess imho even IF they eventually get their way (bitfinex that is)

I myself with all the FUD coming down the pipe really can't see how they can survive..maybe if they sold it to new management for like 20% of its previous
worth with the 37% payback

but who is gonna trust these guys after this even if they make good and only take 37% or whatever it is back

sheesh..... between this and ethereum fork it is bail out city for whales in the crypto world lately

5470  Economy / Computer hardware / Re: [WTS] KNC Titan 4 point cooler mount modification bracket kits on: August 10, 2016, 07:54:39 AM
I'm amazed at how well the Titans are holding their value.  Between my gear for folding and my SHA-256 gear, I've seen exponential depreciation with most hardware.  Not scrypt gear though. 

Anyway, I aint going to complain!


If you have a titan and use this X bracket to open up some air flow.....repaste with the gelin(sp?) extreme thermal paste/ get the Noturua 3000 rpm fan/ get them nice copper
heatsinks for the dc/dc's you SHOULD be able to run these for another 22 months and of course lightfoot here on bitcoin talk can fix them and the gen tarkin 3rd party firmware can regulate them heat wise etc....so hell it is great..main thing on above mods is my unit went from 700mh to 735mh solid on repaste etc above and my die temps went down 10c to 15c so
when I checked in my 84F basement all the dies were running cooler then last winter when my basement was at 60F lol

It is the tricks we have learned and the 3rd party support..but getting rid of that kludge of a knc heatsink and using individual heatsinks for the dc/dc's and the 3000 rpm fan with
the X bracket here...man 10c to 15c drop after all this (about 60 bucks a cube if you count 3 bucks a cube toward paste that is) well worth it

more stable no hassles and of course the thermal paste I had to scrape off after 22 months .(not a good sign) so there is that if you've got them used or run them a bit (that would
be all titans imho that need to be repasted at least asap...so as long as you are at it go full hog above is my advice)

As to why Titans and scrypt has lasted....no one has made anything bigger and at least for LTC more share of network as other stuff drops off the other end

The A4's coming out in 2 months at 280mh and 1000 watts may even HELP the Titans imho and scrypt coin and LTC price..in that it will show that scrypt is not dead and new
equip is being made for it again...considering the above is equiv in efficiency to a 325mh Titan running at 1250 we will have no issues

(unless they sell them like Toasters etc..which is possible)

So yeah the 3rd party support/firmware/being able to fix them is huge......my stuff should be good for another 2 years the new stuff I have will be modded right away to this norm

sometimes it pays to be lucky.....I sure needed it ...mining at 1.30 LTC price all of 2015 or whatever and praying for 4 buck coin and then moved like 8k of LTC

sometimes it pays to be lucky/clueless and stubborn )


But I'm shouting this from the mountain tops...get these X brackets I mean they are 10 bucks for crying out loud. Do the mods etc...if for no other reason for peace of mind in
the 10c to 15c temp decrease......and of course get the 3rd party gen tarkin firmware that as far as I am concerned is 'magic'

The only way to go from now on imho ...and I guess we pray for a BTC (Mario) to LTC (Yoshi) price pump to pull them along a bit easier come Winter when I heat my house again
for free lol Smiley

5471  Economy / Exchanges / Re: Bitfinex HACKED - funds stolen ! on: August 10, 2016, 04:38:46 AM
stay away from any fishy exchanges

The catch is all exchanges imho have only say 10-30% of funds to cover the actual losses they would have with a hack. Even banks are that way but they insurance and the federal
government to bail them out.

Thus even if Coinbase say had 40% assets to cover such a loss (folk say they have 10%) no one will eat such and have such $$$ sitting around NOT in btc just in case

they will always just TRUST and PRAY their security is robust enough to not get hacked...and if they do get hacked ..the corporation will take the legal hit they will go

bankrupt and those running such would be a best going "damn we THOUGHT we had the security covered...too bad for the little guy..well off from the beach back to the

hotel and the trophy wife.....

IT is just the way it is gonna be like forever............this is why you incorporate...so the corporation takes the fall and they can't come after YOUR money...

Works quite well as an investment IF your security hangs together ...if not ..you walk .....hate to say it but that is the reality imho

5472  Alternate cryptocurrencies / Altcoin Discussion / Re: RIP Litecoin on: August 10, 2016, 04:31:40 AM
Hahahahahahahahahaha. No. Litecoin is dead.


er not yet making 3702.76 a month gross on 3400mh ....at $3.72 LTC....so it is living quite well with my titans hashing about thank you very much Smiley

24 hours   33.17888672 LTC          123.43 USD          45.90 USD       77.52 USD
7 days   232.25220703 LTC    863.98 USD    321.32 USD       42.66 USD
30 days   995.36660156 LTC   3702.76 USD   1377.07 USD    2325.69 USD

2325.69 after electric......325.69 pays all my house/util/elec/inet/water/trash/etc bills

2k clear to blow on NON btc related stuff Smiley

5473  Economy / Computer hardware / Re: [WTS] KNC Titan 4 point cooler mount modification bracket kits on: August 10, 2016, 04:25:36 AM
Stuck between buying these, and selling my Titans.  Dude, these are really nice.  My Titans are already running pretty cool, but these are very tempting.

Not sure but I'm making $$$ on my Titans with some at 14.6c kwh ....will be like 11c kwh in middle of Oct and I can heat my house with them again (last year 3000 watts plus
this year 6000 watts plus)

anyway why sell....many times tempted ..many times BTC and LTC price have gone up and saved my ass. I mine LTC and put about all but 10% to BTC from my LTC when
the ratio works.

Anyway just wondering..thou I did see this on ebay a cube ..fully working supposedly going for 1000 usd ...go figure maybe I should sell a few of my 1/2 working stable cubes?

http://www.ebay.com/itm/KNC-Titan-Miner-Single-cube-/262560583818?hash=item3d21d4908a%3Ag%3A7gkAAOSw-4BXZvNP&nma=true&si=WGhHZ96MGNTakkWIOf7fnBftk9s%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557


Hmmm..looking at the above I should probably sell my crap too...then again would miss out on free heat this winter (last year at 3000 watts plus heated 85% of the house in winter)

anyway

5474  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: August 09, 2016, 06:14:44 AM
yo searing wassuup !

letting everyone know my account Phoenix1969 was hacked.
https://bitcointalk.org/index.php?topic=1511021.msg15860143#msg15860143

It was not hacked you sold it. Just admit it already.

Sorry if my view has any weight it was NOT sold. I've known him for 3 years and was just on the phone with him. He is pissed off.

Just an FYI for those on here. The only way to prove your account was hacked is IF you have a bitcoin address on the profile and still have your
private keys. They will only accept an account is hacked and act on it if you can send them proof via signature using the private keys and the btc
address on the profile. Thus getting hacked is pretty common on here. Getting you account back without jumping through the above hoop is what
is hard. He did not have such a BTC address listed, so that Phoneix1969 account is now moot.

Anyway for those on here...even if you never use the BTC address you put under your profile..make a  quick btc address with private key on a paper wallet
and stuff it someplace...the only way to get back a hacked account is to prove it with a signature using the private keys with your profile liste btc address

anyway live and learn. Guess my temp wallet shall stay forever on my profile now lol Smiley

5475  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: A4 Dominator - Pre-Order Group Buy - 280mh, roughly 1000w, $1800 + shipping on: August 09, 2016, 05:43:08 AM


A 325mh used Titan does 1250 watts vs a 280mh at 1000 watts.

Maybe 1 out of 20 used Titans could still do 350mh now as a prudent speed due to age
A 400mh has better effencency then that

Thus it is so close in electric vs hash imho as to be oranges to oranges and at the point a Titan can no longer be run the same could be said about an A4. They are so close when both get to that point on difficulty you'd be selling either in your stock or more likely both.


As you imply above,  due to age these Titans are failing.  Today a Titan may be close to an A4 for efficiency, but even with add-on heat sinks, X-brackets and GenTarkin upgrades, these rigs are slowing down.  As with any capital investment of computer technology, Titans have a lifecycle and  are coming to their end of life.  Days, weeks, months, even years, depending on multiple factors but they are declining.   Refreshing Titans with A4s just makes sense if you're in this for the long term while you have the hashrate.  

Now, if we could just see an A4 in the wild that would be huge!.  We still don't have the promised Youtube video of the final product, final warranty, release date, RMA process or any evidence that the A4 is close to release other than a web page posting, some emails and a video of a test chip.  Fortunately Innosilicon is an established reputable player so we remain hopeful they can overcome their design/manufacturing issues and bring the A4 to market soon.


You could be right I have 2 rigs that are at the 22 month rank and going strong yet...I managed via a corp default sale to get one NEW Nov 2014 300mh 4 cube Titan (split with a buddy) for $1750 usd with my share of shipping of $75 bucks..so $1825 Total. I also managed by just dumb luck ...(we asked about the knc bankruptcy law firm if they had any RMA stuff they would sell before it hit the dumpster on a hope/prayer...they led us to the 1st closed bid auction we got 24 at 1900 each including shipping (my share was 6)

So anyway with 7 new titans and the other 2 going strong....we should be fine.

Still off topic but I will be quick the key here is WITH the mods (esp the 3000 rpm fan and heatsinks and cleaning and repaste) my 22 month Titans GAINED 35mh total. Also
they are running cooler now with the maxumark x  bracket mods heatsinks repaste and 3000 rpm to the extent of 10c to 15c less per die...THUS at 84F in my basement the
old Titans now are running at the DOWN 10c to 15c in temp per die..they are running lower temps then all of this last winter at 60F ...by about 8c in an 84F basement

yeah ....some may die ...due to age as you say...and perhaps your point is important....but more and more people are using the gen tarkin firmware and the above mods
so we will see...in my case....I'm probably good with the old stuff for another 2 years from these results ..and of course the new stuff will be mod'd as such immediately

it is about 60 bucks  a cube if you say it costs $3 each for the repaste tossed in


As to the A4's I kinda doubt they will shoot out the numbers of the Titans...I think KNC said they made 5k of Titans.....in reality I think it was no more then 3.5k and
they made those numbers as a batch for the dies when LTC was about 10 bucks. So I suspect MAYBE the most A4's we might see would be 1.5k and that imho would
be a huge dump for the price LTC is now.

So again for Titans the 'modifications are coming" Maxumark just made an order for another 500 sets of X brackets at 10 bucks each and has pm's probably eating up 300 so far....it is
JUST like the A2's or Alcheminer 256 miners whatever it takes to keep them as far away from 'space heater' and/or doorstops as long in the future as possible Smiley

But as to myself and those who want to ask us.....we have a hook on this .....and should be hanging around our 'cousins' on the A4 batch just fine imho Smiley

But again the vast majority of Titan users maybe have gotten out....a lot of folk got their Titans used...as a result they do keep up on such things.....but then again
i could be wrong.

HOPEFULLY the A4's will have OPEN SOURCE stuff on github for their firmware..thus folk on here should chuck in 50 bucks each and 'gift' gen tarkin an A4 to port  his 3rd party
firmware software development NOW...his stuff is that good..if he made a version for the A4's it would kill..the stuff throttles down each die up down due to heat or off.it kills cube/die on fan death/ it finds the most eff elec use per die saving me probably 10-15% in electric....also I can over clock the Titan to 325mh for all and if too hot or does not
like it...it will throttle it back to the standard 300mh....the stuff is great....a version for the A4 would kill ..just trying to be fair here (i still may get an A4 .) On summer
heat/hot days they throttle down the dies in the day and back up to max at night..the stuff is SOOOO slick.

anyway with the A2's and others out of scrypt and likely only the A4's and Titans left in the scrypt playpen at this time ...we should all do just fine imho  at least for the next 1/2 year imho Smiley


Anyone planning on a teardown/rebuild of their A4 when they get here?
Typical stuff, like swapping the grease, upgrading the fans etc???

depending on how these A4's are setup I would say that FANS are huge....my upgrade from the crummy 1500 speed knc cheap fans to the 3000 rpm fans was huge..noise also was not an issue maybe 20% louder for 2x the speed.

.knc had a large kludge heatsink using FOAM (rubber) between the H shapped legs of stuff to the dies all 8 at once to a slap of 6x4" metal ugh.....was dumb as heck...replacing the X brackets by maxumark and just plain individual
copper heatsinks for the 8 individual dies...with that 3000 rpm fan was the kicker...not sure how A4's are setup but a few pics to titan owners may save you a lot of grief on a cheap/quick improvement.

On the Titans you kinda have to do a repaste to get a all this and put the X brackets on...probably it would be easier to mod the fans and add heatsinks on an A4 unit w/o such issues.

But anyway something to consider out of the gate imho Smiley





5476  Other / Politics & Society / Re: What if North Korea Attacks United States Or South Korea on: August 08, 2016, 06:09:43 AM
what will happen if North Korea Attacks United states or South Korea And why US is not eliminating this constant threat to National Security............I would Like to Discuss this matter

Parts of North Korea would be radioactive for a very very long time. Think Launch Sites.


5477  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: A4 Dominator - Pre-Order Group Buy - 280mh, roughly 1000w, $1800 + shipping on: August 08, 2016, 01:14:45 AM
Historically the opposite has been true and there's little evidence that will change.  For instance, look at Bitmain pricing.  The price drops with each new batch released of a new  model when the BTC price is "stable".

The advantage of a pre-order is about the difficulty advantage, not purchased $/MH.  As the market floods with new hashrate, which it will with the A4,  this increased total network hashrate drives down the effective return per MH as the difficulty increases for scrypt coins.

Basically, the purchase price remains unchanged but the ROI time period will increase for subsequent batches effectively making subsequent batches "more expensive" and a riskier investment.

This effect will also drive down the purchase $/MH for Titans to a max of $6.42/MH (probably $5/MH as they are less energy efficient) as the increasing network hashrate of A4s devalues and knocks the reigning king off the throne.

When the A4s start coming on the market is the time to start selling Titans and convert to A4s.

The only way the $/MH price increases is if there's an explosive upside in the LTC price.




A 325mh used Titan does 1250 watts vs a 280mh at 1000 watts.

Maybe 1 out of 20 used Titans could still do 350mh now as a prudent speed due to age
A 400mh has better effencency then that

Thus it is so close in electric vs hash imho as to be oranges to oranges and at the point a Titan can no longer be run the same could be said about an A4. They are so close when both get to that point on difficulty you'd be selling either in your stock or more likely both.
5478  Economy / Computer hardware / Re: WTS KnC TItan Batch 2 New Old Stock. USA only on: August 07, 2016, 07:16:38 AM
Yeah.... only if I could find out who bought the other couple hundred units ... and pitch the firmware to them ha! =)


that's easy...it was knc themselves...they got caught in the bankruptcy ..lost the data hall..because bankrupt could NOT move the units out...ended up
paying 400k for it all....we got 1st auction on closed bid by accident...imho freaked them out ..so the next 2 auctions were open bids all could see last
high bid and they crushed us.

These auctions had 6 bidders KNC mainly imho the whale I think was knc would run the bid up on say 140 or so units by 100 bucks or so just so they could
snatch the last of the crumbs of units up to max of 160....no way.....no one knew if the crap even worked .that whale knew...so imho it was rigged

from my calcs on 14.6c kwh elec I have at the units at 1900 bucks I will ROI in 5.25 months......because I'm pointing all my hash at this debt it will be like
3.5 to 4 months

KNC with the hash they got if Boden Sweden really does have 3c to 4c electric will ROI in about 3-4 months

so it was a NO brainer imho to get their titans out of the data hall and in private hands of knc insiders

makes no sense...can you imagine an open auction on these in Texas supposed 160 titans out of knc proper from folk/whales of the 3c kwh to 4c kwh areas
like Oregon or Texas...from my rough calcs even if you paid 4.5k you'd ROI at those elec rates in 3-4 months tops

the could have made over a million dollars or hell 2x that toward their IPO and bankruptcy debts

they DID NOT ADVERTISE AT ALL ...it was rigged ...we got lucky and i think one other guy(s) said they got 10 of them on bitcointalk and like another 24
the big whale got both

so anyway

1) you KNOW the stuff works cause you mined it
2) knc has tech skills to fix and or keep it up
3) knc insiders I should say now ..have 400k to toss about on this
4) they did NOT take 140 of them and walk when the price was correct like normal auction..they pushed for all still
5) super secret auction no one knows about but 6 folk bidding and that was thru law firm guy

yeah...well hell at least we drove the price up to 400k hell before we pushed it..likely it would have been at 45k for the works

anyone lurking from KNC on this thread ..gotcha Smiley

but my 2c worth....you will NEVER SEE any of these units for sale till maybe next year....they are gonna make still so much $$$ on this

no one has 215 or so titans used and new sitting around a data hall setup with Neptunes in a cube arrangement and does not put up

the odd 215 units (my supposed new units have used parts and coolers) and not miner them at 6x or more the profit ratio of the Neptune

cube stuff sitting about

KNC may do evil well! (tm knc) but they are by no means DUMB .....

so I'd worry little about a flood of titans in the future (unless I dump my 7 I managed to get this year ..still can't believe it)

later
5479  Economy / Exchanges / Re: Bitfinex HACKED - funds stolen ! on: August 06, 2016, 06:50:24 AM


So if everyone is gonna take a 'hit' on this loss. Does anyone have an article or source on what % an individual will likely lose on this?
10% 20%

I mean it could not be any more then that or how would they expect to recover as an exchange (maybe that boat has sailed and this is so they don't go to jail or something)

others here with better minds then my own
5480  Economy / Computer hardware / Re: WTS KnC TItan Batch 2 New Old Stock. USA only on: August 06, 2016, 06:44:45 AM
Just in case all of you lucky people who got new/old Titans dont know bout my Firmware for the KNC Titan.... figured I would post about it.

Info can be found here:
http://gentarkincustomtitan.pcriot.com/

I know a few of you have purchased it in the past and sincerely thank you for your business and support!

Have fun w/ your new Titans guys!!! =)


Boy are you gonna be surpised by an email here soon...... not sure but likely more then the 24 Titans at 5 to a card...being knc and all some cards don't do
more then 4 ports. When Maxumark gets done and wound down from cussing the asic gods/knc/ups shipping/bad packaging/temp workers who crush boards
etc etc ...anyway once he is wound down from our 20% damage and completely wrong thermal paste an all

you will get an order for us

also sent you a pm on your pm

sorry we could not swing some units for you guys...but imho it had to be knc I mean they were bidding the price up to get the last 20 to 40 units...just no
way any normal whale would do that with the info at hand and questionable equip ....but the change to an open bid auction where you could see the high
bid..they just crushed us ..whale wise

anyway it was not a gift figure they paid over 400k but I mean really a super secret auction.....could they be any more obvious they were the run amuck whale?

and heck I did the math at 14.6c kwh I ROI in like 5.25 months.....at 4c kwh in Boden Sweden they ROI in 2-3 months at worse

It had to be knc as the whale it is JUST to slick and too quiet on all this to be otherwise

at least those who got some units mucked them up a bit and made them work for it

but damn ...I mean really ..they do 'evil' real real well imho

anyway my take on this more then confusing less then open and more then secret way to move 215 new 5 cube titans in the world....by all means don't tell anybody
it has to be for the reasons imho I think......KNC is evil but they are NOT stupid


anyway,  should be an early Xmas in Gen Tarkin's world lol Smiley

sheesh

crypto always drama

brad


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