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9741  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner Batch 4, sales price changes daily, now $2121 per unit on: June 17, 2014, 05:07:36 PM
BITMAIN - Do not give promises,  what you can not keep.

Shipment within 48 hours after full payment. Returning customers please check your account for coupons.

Order Date: 2014-06-15 13:58:18

Status - unshipped.

And we will soon be four days of public holidays.

I paid 3.194 BTC , to arrive before the holidays.

Today you can  buy for 2.878 BTC .

Do not believe the empty promises.



Which holidays-country specific? maybe they are fixing something? price difference is mostly because of 10% BTC price rebound and you never know which way this will turn in the future. Having said that-I get your point.
9742  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 17, 2014, 04:46:49 PM
And an official update...

https://www.kncminer.com/news/news-94

https://www.kncminer.com/userfiles/image/First_Neptune_Assembled_blog_500.jpg

Neptune In Assembly.

We’re pleased to announce touch-down of the first batch of our new 20 nanometer Neptune processors. They are now going through the testing/tweaking/assembly stage in Sweden and shipping will commence this week.


A World First 20-Nanometer Design
The Neptune is a formidable technological achievement. It is the first commercially available 20 nanometer processor shipped to end users. KnCMiner can take pride in beating all competitors to the 20nm stage, including the likes of Intel, Apple and Samsung.

The Neptune is a 1440-core 55x55 mm package tailor-made for the Bitcoin market. Each Neptune consists of 5 chips and comes in new sturdier enclosure and packacing. Using the speed offered by a true 20nm die process each Neptune churns out more than 3 TH/s while consuming only 2.1 KW at the wall. That works out to 0,7 watts per GH/s or less.

However, there are margins built into our design and the software running our chips can only improve from today on. All future software updates to raise the hashing speed will be free of charge.


Software Updates
We've reached our initial targets on speed and power consumption. But as this is the first day we’ve had the Neptune in our lab our technicians have already implemented a few tricks to increase hashing speed and we’ll release updates to our firmware shortly.

The first two batches of the Neptune miner is all sold-out. Batch three is available for pre-order now in our web shop. Watch this space for more info on upcoming products based on our new state-of-the-art 20nm design process.

We expect to ship to Batch 1 pre-order customers this week and to Batch 2 pre-order customers before the end of the month.

Nice, but my Batch 1 preorder was $13200, which is $4/GH-no bargain. However, KnC could increase market share if they want by being price flexible.
3TH machine from the stock NOW for $4000-4499 would be attractive (I realize that this is impossible until they fulfill batch 1 and 2).
Batch 3 is still overpriced considering that it will be shipping in a month and a half. You can get 3TH for ~6K easily right now (one and a half month early).
9743  Bitcoin / Mining speculation / Re: KnC Neptune Shipping Speculation (Existing Customers Order) on: June 17, 2014, 04:16:30 PM
Well, it will be June, but those who simply refunded and/or bought BTC will be the likely winners, unless it is a 6th machine plus another 6th in Aug (I doubt it).
9744  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 17, 2014, 02:52:49 PM

Neptune Miners in production/shipping phase...
Today, 08:44 AM
From Kurt...

Today, 06:57 AM


Hi,

We are currently in the production and shipping phase with the Neptune miners and our main priority and focus is on shipping the miners to customers as quickly as possible. Due to this extremely busy period the processing of refunds will be taking longer.

However we can assure you that we will process all refund requested according to the date and time the request was made and issue the refund as soon as physically possible.
Please accept our sincere apologies for the inconvenience caused.


It's in a shipping phase while there is NO word on its actual capabilities sush hash speed, etc. This is very strange. I have never seen a situation like this.
I am quite curious what Neptune can do.
9745  Bitcoin / Hardware / Re: [Guide] Dogie's Comprehensive Bitmain AntMiner S2 Setup [HD] on: June 16, 2014, 10:33:49 PM
The strange thing is everything appears normal, its just not making me as rich as fast as it was! Smiley

All the boards seem fine.

Some people said that they have it working better on eligius.
I, personally, had above 99% luck with S2 on eligius.
9746  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 16, 2014, 12:50:18 AM
The lucky ones are the ones that already have have the volts/amps/watts readily available and the cooling in place. I'm a little jealous of them!

I can't wait to see the reaction of new Neptune owner's (and SP30) on how big these rigs are physically and how much heat really pours out of them.

Well don't just sit there.  If you've got some "big rigs" on order, get the necessary infrastructure in place now, before delivery.

I'm sure you can buy a few 1500W space heaters for maybe $20 each to simulate the load in order to test the setup.

I already know-8X12 room was heated to 33oC (92oF) with just 2200W, which is similar to Neptune and is less than Sp-30.
The second floor (where 2200w of miners were) stayed at 84-85oF with the 3ton airconditioner running ~80-90% of the time.
100oF (37.7oC) outside did not help either  Sad

9747  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 16, 2014, 12:38:58 AM
HOW we got the BTC will be a lot less important in the future then WHEN we got the BTC imho

Well Searing, in your occasionally endearing homely way you have hit the nail squarely on the head. The usually unspoken but tacit assumption underlying the rationale for mining for profit is the HOPE that BTC will succeed on a grand scale and be valued ORDERS OF MAGNITUDE higher than it is now.

Of course, if you buy into this rationale, you join all the other gamblers, treasure hunters, pyramid and ponzi scheme perps and participants around the world who share one hope and one personality characteristic … the hope that one day their ordinary life will be alchemically transformed through the power of gambling into one of riches and abundance and that ALMOST ANY RISK at ANY PRICE is worth taking to make it happen, irrespective of the potential loss, which is always small because these sorts of people have mostly already lost much of what they had because their strategy has VERY LOW ODDS of succeeding.

Shovel and miner gear merchants love these people and go out of their way to try to minimize or hide the risk involved. They would rather talk about how their shovel is just a little bit lighter or doesn't rust so quickly or can be had today instead of tomorrow.

Far better to look at the best case AND worst case scenarios and then decide rationally how much risk you are willing to take.

And remember, you can always tell the missus : "Honey, KNC MADE ME DO IT"

~L)L~



Not necessarily...My little S1(s) are already in the black as far as profit (in BTC!) is concerned. Now, if I sell them tomorrow at the prevalent price, i would recoup electricity and power supplies cost and will have ~$60/miner leftover ($$ profit). In fact I am debating whether to do just that or keep mining because electricity cost per s1 is ~$35/mo while with BTC at $592 it can generate ~$141/mo at the current difficulty, which is, of course bound to head higher pretty soon. $35 vs $141 is a pretty sweet profit margin, don't you think.
9748  Bitcoin / Hardware / Re: Antminer S1 Power? on: June 16, 2014, 12:15:20 AM
Well, paperclip went well. Problem is, I can't access the antminer.

I first tried bridging the network on my laptop, but that didn't work. Now I tried plugging the ethernet cable directly into my router, but I still can't access that ip...

Someone please help! Thanks!

On some laptops you have to make sure Wi-fi is turned OFF, then manually set you network router as described here:
https://bitcointalk.org/index.php?topic=344970.0

personally, I would not bother with wifi. However, if you need to connect through wifi, then it is better to do it either through wireless router (netgear) or an Airport express (Mac). If you expand your wireless network with Netgear or express, then you can connect your miner directly to wifi router by ethernet cable.
9749  Bitcoin / Hardware / Re: ROCKMINER ASIC miner official thread on: June 16, 2014, 12:03:35 AM
Website says "raspberry pi and it's power supply for every 2 units"

so, do you need just one rasp pi for every two units or you need two (one for each RK-box)?
If you need two, then how many are included if you order 2 RK-boxes? One or two?

Could you explain, please?

Besides, price of BTC went up, but price IN BTC did not change-what gives?
used to be 0.9 BTC when BTC was 650=$585, now 1.05 BTC when BTC is 592 (up from 540)=$622.
This pricing fluctuation looks completely random. Why don't you set up the price in $$ and then BTC will be calculated by bitpay.
9750  Bitcoin / Hardware / Re: RK-BOX,450GH/S,480W ,shipping date 25th on: June 15, 2014, 05:37:33 PM
Gosh, the marketing materials get more and more confusing.

"raspberry pi and it's power supply for every 2 units"

so, do you need just one rasp pi for every two units or you need two (one for each RK-box)?
If you need two, then how many are included if you order 2 RK-boxes? One or two?
9751  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - Best W/GH/s ratio, Best $/GH/s ratio on: June 15, 2014, 05:12:54 PM
SP30 AC/DC Power Supply unit guidelines - SP30 PSU

Thanks, but why C-14 as a plug instead of Nema 5-15 if you have only 1200W? Nema 5-15 is rated up to 12A constant current if I am not mistaken, which should be OK.
Just an additional headache and expense to find C13-nema 5-15p or 5-20p cord. It's not like they are laying around.
9752  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 15, 2014, 12:56:03 AM
I am waiting to see what KNC and Bitmain do in the next month or so before I commit any more money to equipment.
The SP30 could well be still born ...

What mining equipment do you own right now?



RoadStress, you are the one who needs to answer my question. I'm not selling anything here.
Will you or will you not SP30 match KNC $/GH on the Neptune they ship and include a 100% refund guarantee ?

Don't rush into anything RoadStress, I'll check back later to see what you have to say

~L)L~

I'd love to pre-order an SP30 ( september deliver ) but too chicken right now. Too many variables out there and margins too thin. $5095 and shipping is $100 more then what the SP10 was, so shipping is $300 now.  Boils down to a non refundable $5395 for a 90 day wait. http://daycalc.appspot.com/09/25/2014
I don't think I'd lose out completely, I would get some return back, but not really knowing how much or if bitcoin will rise is putting me in a circling pattern right now. I'd just rather buy a bunch of bitcoin and hold then go through the purchase process and all that. Since I won't be running a 6TH machine in my home because who has 2400 of watts all ready to go and that is like a monthly car payment figure. Hell, I'm talking myself out of it right here. Tsssk, tssssk, tssssk.

yes, just go for it...What the heck, next year we will not be able to mine at all. I checked my house and it turns out that I have two independent circuits close by; since Sp-30 has 2 independent PSU, you can put each on a separate circuit ( each circuit could handle constant current of 12.5A=1375W in US, so you will be covered even at 110v until 2750W).
9753  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 15, 2014, 12:50:10 AM
However if you like KNC simply make someone else pay for your NRE costs it made a lot more sense to jump directly to 20 vs 28nm.

Rogaz, sometimes you say something that encourages me to think you are a knowledgeable and insightful guy (forgive me if you are a girl)  and sometimes you say something really stupid.

KNC didn't make anybody pay for their NRE costs. People voluntarily entered into contracts for future delivery of a product (aka pre-order). This is no different that what Spondoolies is doing with the SP30.

Given the economics of bitcoin mining and the difficulty in raising finance for bitcoin related activities from conventional sources, it is often the only way to go. Like Guy said in the Spondoolies thread IIRC … 'we don't have 27 million dollars to finance 3 SP30 batches.'

No pre-orders, no SP30, no Neptune, no progress. There is a race on with bitcoin difficulty and there is no time to tinker around …

~L)L~

I think that you intentionally distort the comparison here. Spondoolies ALMOST have the Sp-30, they are 30-45 days away (maybe even closer) while KnC collected the pre-orders in November and still did not deliver until late June (at best), which is full seven months later. In addition, KnC played a clever mindtrick by saying that first batch will be delivered in Q1/Q2 (in some older documents or comments they even said spring). Calling this a possible Q1 product was an exaggeration because they certainly knew that it will NOT be done in Q1. I also find it appalling that they keep making these legalese tricks-like we are not consumers, for example to get from under the consumer protection in EU law.
Whatever they will come up with-good for them, but I will not play the game on these terms.

No, that wasn't my intent Biodom. The intent was to dispute that KNC forced anybody to do anything. They didn't, people voluntarily purchased pre-orders.

My secondary point was really just an allusion to the obvious … pre-orders seem to be a necessary evil at this stage of the mining equipment game and it isn't only KNC who uses them to fund future products.

This is fine.
9754  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 15, 2014, 12:48:02 AM
Reserved for future comments

answer my comment-I don't think that you can.
9755  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Miner Batch 4, sales price changes daily, now $2226 per unit on: June 15, 2014, 12:42:01 AM
investigation showed the connector had come away from the board. Now the holding plate is a good idea ... but there were a lot of screws to remove just to plug it back in!

I think Bitmain needs to have a talk with some of his assemblers-it looks like 1-2 connectors are not firmly attached (until it clicks!) in almost every machine. Mine had two totally out.
A minor thing, but as you said-you have to unscrew a bunch of screws and also move some board to get to the pesky connectors.
9756  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 15, 2014, 12:34:34 AM
However if you like KNC simply make someone else pay for your NRE costs it made a lot more sense to jump directly to 20 vs 28nm.

Rogaz, sometimes you say something that encourages me to think you are a knowledgeable and insightful guy (forgive me if you are a girl)  and sometimes you say something really stupid.

KNC didn't make anybody pay for their NRE costs. People voluntarily entered into contracts for future delivery of a product (aka pre-order). This is no different that what Spondoolies is doing with the SP30.

Given the economics of bitcoin mining and the difficulty in raising finance for bitcoin related activities from conventional sources, it is often the only way to go. Like Guy said in the Spondoolies thread IIRC … 'we don't have 27 million dollars to finance 3 SP30 batches.'

No pre-orders, no SP30, no Neptune, no progress. There is a race on with bitcoin difficulty and there is no time to tinker around …

~L)L~

I think that you intentionally distort the comparison here. Spondoolies ALMOST have the Sp-30, they are 30-45 days away (maybe even closer) while KnC collected the pre-orders in November and still did not deliver until late June (at best), which is full seven months later. In addition, KnC played a clever mindtrick by saying that first batch will be delivered in Q1/Q2 (in some older documents or comments they even said spring). Calling this a possible Q1 product was an exaggeration because they certainly knew that it will NOT be done in Q1. I also find it appalling that they keep making these legalese tricks-like we are not consumers, for example to get from under the consumer protection in EU law.
Whatever they will come up with-good for them, but I will not play the game on these terms.
9757  Bitcoin / Hardware / Re: RK-BOX,450GH/S,480W ,shipping date 25th on: June 14, 2014, 07:02:37 PM

These laws do not apply if you are not running a btc business, but i am so I have to report any 600 usd  of btc  transfer.

Finally, I got it, before that number of $600 that you cite was a complete mystery.
I know that any business that pays a person more than $600 in one tax year has to give out form 1099, but that's all. I was not sure that purchasing something qualifies as well.
Such purchase does qualify as expense on a yearly tax report, but that's trivial.
I am not sure what exactly you gain by NOT having your RK-box booked as an expense which could be used to offset the revenue, but i am not a tax expert.
9758  Bitcoin / Hardware / Re: AntMiner S2 1TH/s Kit, sales price changes daily, now $2167 per Kit on: June 14, 2014, 06:12:43 PM

Finaly go back to ghash.io
On eligius.st, i have to wait 13 blocks found to be paid, so about 2 days.
On BTC guild, i have to pay fee.
On ghash.io, i'm instantly paid with no fee.
This explain why everybody [who cannot see a forest behind the trees] mine on ghash.io !

enjoy $650 to $560 trip for your BTC, courtesy of ghash controversy...
9759  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: June 14, 2014, 03:11:56 PM
The cost/transistor for 20nm will most likely drop below 28nm in 6-12months time and then KNC will have an advantage over the competitors who still are stuck on 28nm as long as they can match them on efficiency/density.

They will not have any advantage because they were never interested in designing the most efficient machine, they were interested in taking money for pre-orders to do OTHER projects (aka datorhall).
9760  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech - Best W/GH/s ratio, Best $/GH/s ratio on: June 13, 2014, 10:39:56 PM
Hello my friend, I've missed you. Is it too boring at one of AM threads ?

None of those companies can match the price point of SP30 with current gen and Q3 planned hardware.

It has already been done.

http://shop.rockminer.com/goods.php?id=34

2880gh for 4btc.
I see a render, not a product.  I also see 2.4TH/s, not 2.88.  Oh, and it'll need 2880 watts (maybe you swapped the hash rate / power consumption).  2 of these things still won't get you the equivalent of 1 SP30 hashing rate.  Oh, and price.  8BTC for 2, no PSUs included, which puts it more expensive than the SP30 for less hashing.

Might want to reconsider the "It has already been done" statement.

Not to argue one side over other, but as of right now one Sp-30=12.72-13.64 RK-boxes (at $7500-8000 plus $600 PSU plus $500 Rpi=total of $8600-9100).
So, you pay premium now for sure. i think that Rk-box is overpriced because it is aimed at "home" market. I feel that spondoolies had proven themselves as very able engineers.
Besides, I would probably switch mostly to colocation-too much trouble "hosting' these beasts at home, at least during summer.
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