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641  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 19, 2013, 02:34:41 PM
After the last fire news i just double checked my Nov Jupiter cables and i have a question. Is it normal that the white PCIE plug from my Jupiter to be warm? I would say slightly a bit below normal warm, but warmer than the PSU PCIE plug/cables.

It is normal.
642  Bitcoin / Pools / GHash.io Workers Share of the Income on: December 19, 2013, 02:14:37 PM
For all the people mining at Ghash.io - is there a way to know how much each of my workers have contributed towards the total mined BTC?

At Bitminter I have to do that manually - under My Account/Workers I can see how much total proofs of work each worked have submitted and from there I can calculate each worker share of the total BTC mined.
643  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 18, 2013, 03:37:30 PM
<intense scaremongering for shits and giggles>
Bitcoin is heading for $10. Guys who ordered a knobtune are going to have to build a timemachine to mine back their 13K! Set it for 2012 Tongue
</intense scaremongering for shits and giggles>

What about all the guys who bought at around 10BTC  Grin
644  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 18, 2013, 12:49:35 AM

Because that's what Bitpay does for it's merchants.

https://bitpay.com/terms
Quote
Fees & Settlement.

Invoice Generation and Exchange Rate Guarantee. To create an invoice, you may post a request to BitPay to collect a specific amount in your local currency, such as dollars or euros, or in Bitcoin. BitPay will pull the exchange rate and provide the Bitcoin payment instructions to the purchaser. We guarantee the exchange rate to you as long as the purchaser pays within the proper time window after the invoice is created. Invoice timeout information is clearly displayed on each BitPay invoice. While we guarantee the exchange rate as long as the purchaser pays within such time window, you agree that you assume the volatility risk of your local currency or Bitcoin, as applicable. For instance, if you ask us to collect USD $150, and the purchaser sends the payment within the time window, we guarantee you will receive exactly USD $150, minus our fee, but do not guarantee the value of the U.S. dollar.



And why would a business that needs cash to fund its operations want to hold volatile BTC?  They can mine BTC if they want to gamble.

But they aren't stupid enough (I assume) to risk their business by keeping all sales revenue in BTC.  And if they want to speculate they can take a certain percentage of their profits and BUY BTC.

Merchants can receive settlement in their local currency with a guaranteed exchange rate, or keep the bitcoins, or a percentage split.

https://bitpay.com/bitcoin-direct-deposit

I doubt you know better than KNC if they take all USD or not  Roll Eyes

I'm pretty sure it was quoted somewhere that they dont keep btc.

Someone made an assumption or KNC said so?
645  Other / Beginners & Help / Re: Just started Christmas Charity using nothing but Bitcoin. on: December 17, 2013, 01:24:44 AM
So you are the only child, that will get help, right?  Grin
646  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 17, 2013, 12:59:43 AM

Because that's what Bitpay does for it's merchants.

https://bitpay.com/terms
Quote
Fees & Settlement.

Invoice Generation and Exchange Rate Guarantee. To create an invoice, you may post a request to BitPay to collect a specific amount in your local currency, such as dollars or euros, or in Bitcoin. BitPay will pull the exchange rate and provide the Bitcoin payment instructions to the purchaser. We guarantee the exchange rate to you as long as the purchaser pays within the proper time window after the invoice is created. Invoice timeout information is clearly displayed on each BitPay invoice. While we guarantee the exchange rate as long as the purchaser pays within such time window, you agree that you assume the volatility risk of your local currency or Bitcoin, as applicable. For instance, if you ask us to collect USD $150, and the purchaser sends the payment within the time window, we guarantee you will receive exactly USD $150, minus our fee, but do not guarantee the value of the U.S. dollar.



And why would a business that needs cash to fund its operations want to hold volatile BTC?  They can mine BTC if they want to gamble.

But they aren't stupid enough (I assume) to risk their business by keeping all sales revenue in BTC.  And if they want to speculate they can take a certain percentage of their profits and BUY BTC.

Merchants can receive settlement in their local currency with a guaranteed exchange rate, or keep the bitcoins, or a percentage split.

https://bitpay.com/bitcoin-direct-deposit

I doubt you know better than KNC if they take all USD or not  Roll Eyes

I don't want to argue with you.  You believe what you want to believe.  I'll use logic and reason and come to my own conclusion.

Btw, I'm not assuming that they are exchanging to USD.  Most likely they are using their local currencies, EUR or SEK.

Logic and reason can equally dictate that they get 90% fiat and 10% BTC, because they are miners by heart and believe in the future of BTC.
Plus they made a s**t load of money, so 10% in BTC would not be classified as a big risk in their books Wink

Well now you're taking my side of the argument, lol.  What you were saying before made it sound like you implying that  they kept all revenue in bitcoin form.  Or maybe I was reading to much into what you meant.  Like those clowns in the HashFast thread thinking they would be refunded the same amount of Bitcoin they initially invested.

Let's agree on one thing... Neither of us actually know what KNC is doing.  Wink

Never said or implied that.
You said that "KNC don't give a crap about the price of BTC" which implies they don't get or own any BTC.
647  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 17, 2013, 12:10:48 AM

Because that's what Bitpay does for it's merchants.

https://bitpay.com/terms
Quote
Fees & Settlement.

Invoice Generation and Exchange Rate Guarantee. To create an invoice, you may post a request to BitPay to collect a specific amount in your local currency, such as dollars or euros, or in Bitcoin. BitPay will pull the exchange rate and provide the Bitcoin payment instructions to the purchaser. We guarantee the exchange rate to you as long as the purchaser pays within the proper time window after the invoice is created. Invoice timeout information is clearly displayed on each BitPay invoice. While we guarantee the exchange rate as long as the purchaser pays within such time window, you agree that you assume the volatility risk of your local currency or Bitcoin, as applicable. For instance, if you ask us to collect USD $150, and the purchaser sends the payment within the time window, we guarantee you will receive exactly USD $150, minus our fee, but do not guarantee the value of the U.S. dollar.



And why would a business that needs cash to fund its operations want to hold volatile BTC?  They can mine BTC if they want to gamble.

But they aren't stupid enough (I assume) to risk their business by keeping all sales revenue in BTC.  And if they want to speculate they can take a certain percentage of their profits and BUY BTC.

Merchants can receive settlement in their local currency with a guaranteed exchange rate, or keep the bitcoins, or a percentage split.

https://bitpay.com/bitcoin-direct-deposit

I doubt you know better than KNC if they take all USD or not  Roll Eyes

I don't want to argue with you.  You believe what you want to believe.  I'll use logic and reason and come to my own conclusion.

Btw, I'm not assuming that they are exchanging to USD.  Most likely they are using their local currencies, EUR or SEK.

Logic and reason can equally dictate that they get 90% fiat and 10% BTC, because they are miners by heart and believe in the future of BTC.
Plus they made a s**t load of money, so 10% in BTC would not be classified as a big risk in their books Wink
648  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 16, 2013, 11:57:50 PM

Because that's what Bitpay does for it's merchants.

https://bitpay.com/terms
Quote
Fees & Settlement.

Invoice Generation and Exchange Rate Guarantee. To create an invoice, you may post a request to BitPay to collect a specific amount in your local currency, such as dollars or euros, or in Bitcoin. BitPay will pull the exchange rate and provide the Bitcoin payment instructions to the purchaser. We guarantee the exchange rate to you as long as the purchaser pays within the proper time window after the invoice is created. Invoice timeout information is clearly displayed on each BitPay invoice. While we guarantee the exchange rate as long as the purchaser pays within such time window, you agree that you assume the volatility risk of your local currency or Bitcoin, as applicable. For instance, if you ask us to collect USD $150, and the purchaser sends the payment within the time window, we guarantee you will receive exactly USD $150, minus our fee, but do not guarantee the value of the U.S. dollar.



And why would a business that needs cash to fund its operations want to hold volatile BTC?  They can mine BTC if they want to gamble.

But they aren't stupid enough (I assume) to risk their business by keeping all sales revenue in BTC.  And if they want to speculate they can take a certain percentage of their profits and BUY BTC.

Merchants can receive settlement in their local currency with a guaranteed exchange rate, or keep the bitcoins, or a percentage split.

https://bitpay.com/bitcoin-direct-deposit

I doubt you know better than KNC if they take all USD or not  Roll Eyes
649  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 16, 2013, 11:37:33 PM
Now can you please provide data for the maximum 24/7 safe current per 18AWG wire.
My own research led me to believe it is much lower than 9A.

Useful table here

http://www.powerstream.com/Wire_Size.htm

using "The Maximum Amps for Chassis Wiring is also a conservative rating, but is meant for wiring in air, and not in a bundle."

AWG 18 is okay up to 16A  (~<200W @ 12V)


I highly doubt that you can run 550W through the PCI-E cable without any consequences.
One of my PSUs (Cooler Master V850) is powering an October Jupiter and each module is being fed by a different PCI-E cable and still they get noticeably hot (around 44 degrees max).
Or try to connect 2 modules per PCI-E cable and it gets even hotter, yet the current per strand is only around 8-9A.

I use the 2x4pin ATX plug wires to run ~500W for an overclocked antminer

What AWG are the cables? What voltage?
650  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 16, 2013, 10:18:53 PM
Why does everyone seem to think the exchange rate of BTC will have anything to do with the release of a 3rd batch?  KNC don't give a crap about the price of BTC!  They use Bitpay and funds are immediately converted to USD or EUR.  Bitpay assumes all of the risk in a falling market.

If KNC are holding BTC at all it's probably just the coin they've mined.

And how do you know they get all USD from Bitpay?
651  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 16, 2013, 08:11:30 PM
KNC is waiting for the price to drop below $500 before announcing in stock batch 3 Jupiters, BTC payments only.

Price doesn't matter.
What matters is if you will be able to mine back the number of Bitcoins you will spend.

And with the current difficulty not going anywhere, but up I personally would not be interested in a Jupiter costing more than 10-12BTC.
652  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 16, 2013, 06:12:12 PM
BTC PRICE FALL DOWN

ARE YOU SERIOUS!!!!!!!!!!!!!!
653  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 16, 2013, 02:16:12 PM
I highly doubt that you can run 550W through the PCI-E cable without any consequences.
Correct me if i'm wrong, i'm not really following this wire debate, but there are 2 PCI-E slots on each board, so each PCI-E cable should be able to provide around 300W.
I don't see a problem with that.

The discussion was about the general characteristics of 18AWG wire and not specifically for the Hashfast board.
Still 300W per one PCI-E cable with 3x 12V lines is pushing it to the limit according to my experience - the cable gets quite hot.
For example KNC specifically says that: You need to have 1 PCI-E cable for each asic card.

2x 6-pin PCIe cables are used to power my Bitfury M board.  A few people have had their's go up in flames when using between 500-600w.  The three 12V molex contacts on the 6-pin connector themselves are good for 300W or so all combined, so long as your PSU manufacturer doesn't cheap out on them and use a smaller gauge than spec (which seems to happen on occasion).

It shouldn't be a problem if we're all getting seasonic psus.

Most probably it would be OK for the long term with a good quality PSU, still I prefer to limit the current on a single 18AWG strand to 6A = 18A for a single cale.
654  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 16, 2013, 01:25:30 PM
Now can you please provide data for the maximum 24/7 safe current per 18AWG wire.
My own research led me to believe it is much lower than 9A.

Useful table here

http://www.powerstream.com/Wire_Size.htm

using "The Maximum Amps for Chassis Wiring is also a conservative rating, but is meant for wiring in air, and not in a bundle."

AWG 18 is okay up to 16A  (~<200W @ 12V)


I highly doubt that you can run 550W through the PCI-E cable without any consequences.
One of my PSUs (Cooler Master V850) is powering an October Jupiter and each module is being fed by a different PCI-E cable and still they get noticeably hot (around 44 degrees max).
Or try to connect 2 modules per PCI-E cable and it gets even hotter, yet the current per strand is only around 8-9A.
655  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 15, 2013, 11:50:55 PM
ONE MEDIUM T SHIRT FOR ME PLEASE

I believe this is your first grammatically correct sentence (won't comment on the punctuation)
Congratulations  Cheesy
656  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 15, 2013, 11:49:40 PM
I just realized this, 6pin PCI-e connectors are only rated for 75W, and you could probably get MAX 200W out of them.

The PCIe graphic card standard (which has nothing to do w/ ASICs) limits power to 75W on 6 pin connector and 150W on 8 pin connector (using no more power pins) however those are artificial limitations.   The actual connector is good for 9A per pin, 3 power pins (both of 6 & 8 pin connector), 12 V means 324W (9*3*12) per connector max or 648W for a pair.  

Now how much power a particular PSU can push to the connector is another question.  The VRMs on the board also have a max current limit so the chip can only be provided so much power but the connector is a total non-issue.


Now can you please provide data for the maximum 24/7 safe current per 18AWG wire.
My own research led me to believe it is much lower than 9A.
657  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 15, 2013, 11:23:28 PM
http://www.youtube.com/watch?v=l4118bhYfrg&feature=youtu.be

HEY KNC OR BITCOINORAMA WHERE DO WE GET SOME OF THOSE COOL DECALS??? Will pay a horse for 5 decals like that!!!

Was just saying the same thing.. I would like a decal and a T shirt.

Didn't someone on here have the decals?

I have them. Got them in Stockholm.
658  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 15, 2013, 10:08:23 PM
Just calculated roughly that the Upgrade modules will break even in 1 day, so less than 1 month in total (I paid 8.1 BTC for 3).
I haven't included the electricity for simplicity reasons:

659  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: December 15, 2013, 03:13:18 AM
Do you think adding a second extension would case any problems like voltage drop  Huh

It will be original PCI-E cable coming from the PSU, then the extension cable below and last the original extension cable that came with the miner.

660  Bitcoin / Hardware / Hashfast troll fest split from the cointerra thread on: December 15, 2013, 02:44:34 AM
HashFast is late because they promised October and failed.

HashFast promised (and still promises) delivery by Dec 31.

If HashFast's chip is "late" because it didn't ship at the earliest possible moment, so is Cointerra's.

Cointerra promised mid December and failed.

We need to sue Cointerra, because they probably knew Dec was impossible and just wanted to make extra money by lying.

you're certifiably insane


Or I'm making a point.  But please, continue to make an ass of yourself by presuming the worst instead of asking for clarification.  You're good at that.

No, you're not making a point, Aerobatic was right. You are certifiably insane!

 

You would have much better success arguing with a wall Wink
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