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8761  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 27, 2014, 03:03:51 AM
Just ask for refund for my titan order and they say all sales are final... KNC become so lame company and tread customers as slaves ...

Why would you ask for a refund? KnC said from Day 1 there would be no refunds on Titans.

 Where does it say that for customers converting orders?

 "For those of you wanting to convert an existing Neptune order to a titan order please contact customer service for assistance."

 I wonder how customer service can switch out the orders without issue yet not be able to effect refunds in a timely manner. 


Just don't get it mixed up....they likely would let you swap a Titan back to a Neptune at this point heh Smiley

Searing


 Wonder if we would be able to swap out our bitcoin refunds (which they said would be faster than USD refund) back to a USD refund since at this point they both seem pretty darn slow.
8762  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 27, 2014, 02:45:41 AM
Just ask for refund for my titan order and they say all sales are final... KNC become so lame company and tread customers as slaves ...

Why would you ask for a refund? KnC said from Day 1 there would be no refunds on Titans.

 Where does it say that for customers converting orders?

 "For those of you wanting to convert an existing Neptune order to a titan order please contact customer service for assistance."

 I wonder how customer service can switch out the orders without issue yet not be able to effect refunds in a timely manner. 
8763  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 26, 2014, 02:25:25 AM
I guess the big question I have for those who have received their Neptune's in the US and in Canada (if there aren't Canadian's other than myself in this thread) did you have to pay duty if so how how much?

Thanks,



 You don't have to pay duty but you have to pay the HST @ 13% of the declared value after converting to CAD which is a real downer since our dollar plummeted against the USD since last NOV.  I've had to pay this one every miner I've purchased... yes I got BFL'd.
 

depends what province.

Alberta should pay 5% GST only.

*edit* plus probably some kind of brokerage fee

Yikes, so I guess I would like to know if any of the B1 customers are from Canada here and when they get their Neptune what does KNC mark its value as, because that's how they determine the HST. For us Canadians that could mean paying an extra $1500.


I cancelled my order so I wont know about the Neptune but when I got my Saturn they marked the full price on it.  I was expecting the same for the Neptune.  I would think anyone who has received their Neptune order could tell you what price was declared on the shipping label.
Does anyone have that info?
8764  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 25, 2014, 01:41:22 AM
@ Phoenix

Most residential AC has 2 phases/legs installed.

All you need to 'make' 220 is a doublewide breaker.
(the phases are staggered and every other breaker is on same leg)
Exception is 3 phase industrial panels where it is every third breaker.
In fact most double wide breakers are 2 single breakers screwed together with the switch levers connected.

If you have a voltmeter and long extension cord you can prove it to yourself.
Just plug in the cord and measure from cord hot to outlet hot.
(hot is small prong/hole in US outlets)
Same phase, hot 2 hot = 0 volts.
Different phase, hot 2 hot = >220 volts.

The main REASON a miner would insist on 220 is efficiency.
A >220 PSU is often 10% more efficient at making 12VDC (depends on model)

I'd guess you have 220 and don't know it.
I don't claim to know what service is installed in Volcano, HI. though.


YMMV
Smiley



And also 220v is slightly very slightly more effective at carrying the power through the wiring as there is less resistence with higher voltage.

The main reason the US has 120 ac is because the voltage cant kill someone as 220 can if they get shocked.

 Line losses due to joule heating are proportional to I2R so if you double the current (which you would with 110V as opposed to using 220V) you quadruple your line losses.  So let's say you have a run of seventy feet of 14 awg copper wire and you run an 1800 watt miner on a 120V circuit.  Your losses would be about 2.5% or about 45 watts.   Run the same miner on the same circuit @ 240V and your losses are about 0.6% or 11 watts.
8765  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 25, 2014, 12:58:03 AM
I guess the big question I have for those who have received their Neptune's in the US and in Canada (if there aren't Canadian's other than myself in this thread) did you have to pay duty if so how how much?

Thanks,



 You don't have to pay duty but you have to pay the HST @ 13% of the declared value after converting to CAD which is a real downer since our dollar plummeted against the USD since last NOV.  I've had to pay this one every miner I've purchased... yes I got BFL'd.
 
8766  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 25, 2014, 12:43:06 AM
Ignominious gloating

people, why is it you feel the need to rub salt into the wounds of fellow miners?
We have all been burned at one point or another, and if you haven't been burned then you are either more mouth than money or a god-damn leprechaun with all the luck of the devil in you.

We all understand how to calculate what our own mining rigs will make in their return of investment and whether or not they will break even, so can I just make a plea here; for the benefit of the community as a whole... quit with the ignominious gloating about how rolled-over one or other of us have been? please? It does you no favours to make folk feel badly about our expensive purchases. Let owners of these rigs discuss them in peace.

rant over.


++

 Elenelen you can't simply post a ++ that will get your pos deleted.  You have to type a couple of words as well Wink
Anyway, I believe the rhetoric is directed at would-be buyers to persuade them NOT to buy anymore pre-orders from any company.  IF there has been some wrong-doing, the discussion needs to take place.
 
 I'm pretty sure I read in this very thread that someone was able to get out of their "hash while you wait" predicament because of the discussions about being rolled over.
8767  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 25, 2014, 12:34:10 AM
Difficulty in Sept 35-50 B  ??

  I imagine it will be 50 B at the end of August.
8768  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 24, 2014, 11:56:21 PM
people how i can put quotas balance in jupiter?

i want give 23% to friend mine and left for me

Don't do that.  Simply set up the auto-transfer for 1 bitcoin and send your friend 0.23 coins each time you get paid out.
8769  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 24, 2014, 02:06:17 AM
must have got my tracking number sometime last night as well.
It appears they are actually shipping en masse.
did anyone notice if the hashrate spiked then dropped recently? <smirk>

I believe that the network hash rate is unknown and must be statistically inferred from number of transaction blocks found by the network in a given period of time taking into account the current difficulty.  Due to the probabilistic nature of solving a block, there is some inherent variance (which is also called luck) in the network hash rate.  This might be why it appears to be changing quickly.  I don't think you can pin it down to KNCminer at this time but certainly if you watch the rate over a longer time-frame it might be more telling.

Wait to see what the final figure is at diffchange time... any guesses?    
I'm guessing over 40% at this rate...

 My bet is 32%.  KNC has to be somewhat careful as batch 3 hasn't sold out yet Wink
8770  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 24, 2014, 02:02:53 AM

 I believe that the network hash rate is unknown and must be statistically inferred from number of transaction blocks found by the network in a given period of time taking into account the current difficulty.  Due to the probabilistic nature of solving a block, there is some inherent variance (which is also called luck) in the network hash rate.  This might be why it appears to be changing quickly.  I don't think you can pin it down to KNCminer at this time but certainly if you watch the rate over a longer time-frame it might be more telling.


 

You're right of course, I was only trying to be facetious.



 So was I!  Those bastards at KNC are definitely up to no good again. Wink
8771  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 24, 2014, 01:52:56 AM
must have got my tracking number sometime last night as well.

It appears they are actually shipping en masse.

did anyone notice if the hashrate spiked then dropped recently? <smirk>




 I believe that the network hash rate is unknown and must be statistically inferred from number of transaction blocks found by the network in a given period of time taking into account the current difficulty.  Due to the probabilistic nature of solving a block, there is some inherent variance (which is also called luck) in the network hash rate.  This might be why it appears to be changing quickly.  I don't think you can pin it down to KNCminer at this time but certainly if you watch the rate over a longer time-frame it might be more telling.


 
8772  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 23, 2014, 02:20:06 AM
godammit here we go again whining and arguing on this sacred thread??!
ffs feel free to sell, otherwise just stfu.
divs shall come soon enough. it hasnt even been a month since last update.
bitcoin isnt going anywhere either. go cry over the wallobserver thread instead.

Exactly...I'm so sick of the verbal diarrhea that people have here.
Babbling their fucking faces off all day long...if you aren't happy with your investment please sell it and go away.
If you are satisfied you made the right choices and calculations, stfu and wait for those investments to mature.

I don't need to see your latest cocktail napkin horseshit calculations as to why the stock price should be higher or lower...you just sound like a loser looking for other stronger people to validate the decisions you made or didn't.

Man up and stfu.

 U mad bro?


sell or STFU. cant be that clearer.

edit: mad are those who cant help themselves whining about some bitcoin security based in china not giving weekly divs nor communicating more often.

 Actually, I would say mad is flying to Nippon to stand in front of Karpeles with a sign with the hope he would or could give back your coins.  WTF though, it was worth a try.  Also, I am of the opinion that "manning up" and "strength" have less to do with investment than the horseshit calculations and personally I would rather see the calculations than be berated for making a post.  However, I do appreciate that you have the right to speak your mind.

8773  Economy / Scam Accusations / Re: I no longer work for Butterfly Labs (BFL) on: June 23, 2014, 01:51:52 AM
I've watched and read this thread with interest.  I don't have a dog in the fight, although I've purchased bfl products and have had problems with products that required customer service.  Jody even gave me a tour of the facility back in April-May 2013.  I've never been politically correct, so forgive my ignorance for the following.

For who ever it was to say they did not see mexicans/latinos, etc. working at BFL doesn't hold up.  When I toured there, there were several men and women (some very cute I might add).  Jody said they were college kids.

My personal overall experience with them has been positive.  IMHO, both sides of the finger pointing are lying.  I think Josh stated their policy best one day on their forum.  They only care about their top 20% customers.  So are side deals done for the big fish? Probably. Do they care if your $10,000 or less order is delayed? Nope.  Are they deceptive? Depends on perception.  Illegal? Doubtful.

So let's refill the popcorn and read some more. Don't expect a smoking gun, read what is not being said, and look at it as entertainment.



 Given that "intent" differentiates between deception and an honest mistake, the fact that BFL managers are deceptive is not dependent on a persons perception other than perhaps the requirement of normally functioning cognitive abilities.
 Illegal? Acts outlawing deceptive business practices exist in most states in the USA.   It is my hope that any BFL managers responsible for the deception are eventually held to account.

8774  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 22, 2014, 10:22:19 PM
godammit here we go again whining and arguing on this sacred thread??!
ffs feel free to sell, otherwise just stfu.
divs shall come soon enough. it hasnt even been a month since last update.
bitcoin isnt going anywhere either. go cry over the wallobserver thread instead.

Exactly...I'm so sick of the verbal diarrhea that people have here.
Babbling their fucking faces off all day long...if you aren't happy with your investment please sell it and go away.
If you are satisfied you made the right choices and calculations, stfu and wait for those investments to mature.

I don't need to see your latest cocktail napkin horseshit calculations as to why the stock price should be higher or lower...you just sound like a loser looking for other stronger people to validate the decisions you made or didn't.

Man up and stfu.

 U mad bro?
8775  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 22, 2014, 06:32:31 PM
Why not just keep pumping the money back into the company and receive yearly dividends every Christmas? I'm all for it Smiley keep the funds FC, make it a fatter payout at the end of the year for us lol

I actually wouldn't mind this either.  I'd like to see FC diversify a bit and start a holdings unit as a second line of business just to give us some wiggle room and stabilize prices.  What's your take on that Friedcat Buffett?

They need better customer service. Transfer of shares took 9 days last time, now transferring to havelock, which will take who knows how long. This is why they need the shares to be on havelock or counterparty, or figure out a way to make it easier for investors to trade holdings.


And dividends are a must, this is a crypto stock, very high risk. If they can't pay a decent dividend, the price should be much lower than it is even now.


A week and a half is not long at all for transferring shares.

Stocks are leading indicators not lagging.

 Stock market returns are leading indicators.  Thankfully, they are not always accurate.  Let's hope they are not accurate in the case of Asicminer shares.




I don't know about that.  AM has returned multiple times the IPO price per share in the first year.   That seems a pretty good indication.  On what scale do you find that to be a bad indication?

On a scale of 4 to 0.2 I'd have to say...



 The return of multiple IPO price was a long time ago and was fuelled by speculation.  Sure we got some dividends but we don't mine anymore.  Now we rely on outside expertise to make our chips into something useable.  Yeah all I can see are bulls and roses.



When we talk about return of IPO price we are talking about the dividends paid out to shareholders over the lifetime of the company which has been more than the .1 BTC IPO Price. Were Not talking about the speculation ramp up that occurred last summer. If you sold your shares right now they would return 2 times the IPO price by your logic.

 That's not my logic.  I'm not sure how you get that from what I wrote.
I don't believe we can have a logical discussion about return on a share of AM without consideration for the share value except at IPO.
You're telling me that we did well at the beginning so that's a good indication for the future when the company has made some serious changes in direction.  We aren't building miners anymore - the big money is in manufacturing and selling miners and mining the Bitcoins.  Having strayed so far from the formula that made the initial returns I can't see getting my investment back even if I buy in now to lower my average buy price.  I believe it would be throwing good money after bad at this point.  That's part logic and part emotion.


In your post you stated:

......

The return of multiple IPO price was a long time ago and was fuelled by speculation.  Sure we got some dividends but we don't mine anymore.  Now we rely on outside expertise to make our chips into something useable.  Yeah all I can see are bulls and roses.



That statement is not true is all I am pointing out. The return of the IPO price had nothing to do with speculation, it was returned via dividend payments. The stock could have traded at .1 BTC and the IPO price would have been returned via dividend payments.

The high stock price was driven by speculation but that had no effect on the dividends which were paid out that returned the original IPO price and more.

Go discuss the share value all you want, just don't try to imply that a high share price is what paid back the original IPO price, that came from dividends.

 I'm sure others are not interested in our inability to understand one another's arguments.
8776  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 22, 2014, 03:59:48 AM
Is anyone having problems with Neptune's shutting down due to thermal issues or is this yet more FUD being spread by haters and envious ne'er do wells towards KNC ?

Anyone who? Only 1 Neptune is in the wild!

I figured you'd be lurking somewhere nearby RoadStress … you are never late to a KNC FUD party and your merry band 'o gentlemen can not be far behind. Now that we have OKAVNGR and RS in play, where is the raskul when you need him ?

If we want to start discussing bitcoin miners that you could cook breakfast on, lets start with that howler the SP10.

Thanks for the heads up on some of the trolls to watch out for. As a new member and soon-to-be Neptune owner, I have found this to be a "Wild West" forum for someone like myself. Just here looking for some straight info that might be of benefit to me, and to make a few sincere posts of my own Cheesy


 So you purchased a Neptune before doing any research or had you been lurking in here as a guest?
8777  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: June 22, 2014, 03:50:22 AM
Why not just keep pumping the money back into the company and receive yearly dividends every Christmas? I'm all for it Smiley keep the funds FC, make it a fatter payout at the end of the year for us lol

I actually wouldn't mind this either.  I'd like to see FC diversify a bit and start a holdings unit as a second line of business just to give us some wiggle room and stabilize prices.  What's your take on that Friedcat Buffett?

They need better customer service. Transfer of shares took 9 days last time, now transferring to havelock, which will take who knows how long. This is why they need the shares to be on havelock or counterparty, or figure out a way to make it easier for investors to trade holdings.


And dividends are a must, this is a crypto stock, very high risk. If they can't pay a decent dividend, the price should be much lower than it is even now.


A week and a half is not long at all for transferring shares.

Stocks are leading indicators not lagging.

 Stock market returns are leading indicators.  Thankfully, they are not always accurate.  Let's hope they are not accurate in the case of Asicminer shares.




I don't know about that.  AM has returned multiple times the IPO price per share in the first year.   That seems a pretty good indication.  On what scale do you find that to be a bad indication?

On a scale of 4 to 0.2 I'd have to say...



 The return of multiple IPO price was a long time ago and was fuelled by speculation.  Sure we got some dividends but we don't mine anymore.  Now we rely on outside expertise to make our chips into something useable.  Yeah all I can see are bulls and roses.



When we talk about return of IPO price we are talking about the dividends paid out to shareholders over the lifetime of the company which has been more than the .1 BTC IPO Price. Were Not talking about the speculation ramp up that occurred last summer. If you sold your shares right now they would return 2 times the IPO price by your logic.

 That's not my logic.  I'm not sure how you get that from what I wrote.
I don't believe we can have a logical discussion about return on a share of AM without consideration for the share value except at IPO.
You're telling me that we did well at the beginning so that's a good indication for the future when the company has made some serious changes in direction.  We aren't building miners anymore - the big money is in manufacturing and selling miners and mining the Bitcoins.  Having strayed so far from the formula that made the initial returns I can't see getting my investment back even if I buy in now to lower my average buy price.  I believe it would be throwing good money after bad at this point.  That's part logic and part emotion.


 
8778  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 21, 2014, 05:11:48 PM
Day of Reckining 2: Neptune edition Cheesy


 That's the best depiction of KNC and the ineptune ever!
8779  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 21, 2014, 05:04:43 PM
fuck
this neptune is crap
high temp on vrms

 Is there any way to use ram coolers on them or are they covered?
8780  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 21, 2014, 05:03:47 PM
Look at those temperatures  Shocked

I said that the temp monitoring components were far away from the chip because KNC probably knew there would be overheating issues.

https://bitcointalk.org/index.php?topic=170332.msg7181832;topicseen#msg7181832

Anyone who shot me down when I said that, please feel free to eat your words!  Tongue

 lol
Comes with a side of relish.
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