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So I googled fasthash. I am pretty sure I can handle that. Seems there is some water/ice cooling. But a drill for the power supply?
There was no talk of gigahashes at all, it was measured in grams?!?
Also, there was no talk of nanometers, it was all in microns. There was something about a 220, right down to 20 microns in one process?
And where do you input your wallet address? Then there was talk of a press?
This is going to knock bitcoin mining on its ass.
Hi JMA, Not sure what site you landed on, but it's not our's. Our name is HashFast, not the reverse. We will be rekeasing more info soon... Please send me the link privately? John Sorry it was a joke, I meant no offence. http://www.youtube.com/watch?v=GXp0BmLFsjw |
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So I googled fasthash. I am pretty sure I can handle that. Seems there is some water/ice cooling. But a drill for the power supply?
There was no talk of gigahashes at all, it was measured in grams?!?
Also, there was no talk of nanometers, it was all in microns. There was something about a 220, right down to 20 microns in one process?
And where do you input your wallet address? Then there was talk of a press?
This is going to knock bitcoin mining on its ass.
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Thats something i didnt understand as a child. Why not create power with sport? In times of WoW Gold Mining Farmers i wonder when the first electricity farms appear where poor working slaves have to create power... Being human power I guess you could say, the only free lunch would be a free lunch. |
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The talk of closed btc loops is crazy. It shouldn't matter at all if you buy something with btc if the recipient cashes out immediately or not. If there is enough demand for bitcoins it won't hurt the price, if it drops the price then it means the price was too high.
The Canadian dollar is a strong world currency, sometimes at par with usd, sometimes above, sometimes below. Could you imagine if we had to keep Canadian dollars to keep the value high? We wouldn't have any electronics whatsoever. We wouldn't really have anything.
If trading our Canadian dollars for usd in order to buy pretty much anything caused the price of cad to plummet, we wouldn't have a cad dollar anymore.
We can trade back and forth between cad and other currencies because cad is known as a strong, stable currency and therefore there is always people ready to buy when there are people selling.
The closed loop idea is crazy, look at Argentina.
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Don't know if their 62% difficulty increase is realistic... maybe worst case scenario?
It's the change over the last 30 days. I don't know how any other number could be considered more realistic than what has happened in the last month. |
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mining.thegenesisblock.com
Pick a Jupiter in October, add in hosting fee, change power costs to 0, change pool fee to 1.5%.
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Packaging usually comes after the chips are made, so I hear....
Wouldn't they only package the devices once they are ready to be shipped? |
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And who's sock puppet are you again? Seems almost all your posts since you registered last month are about KNCminer.
This is my KNC identity. I have others. |
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Looks like we got them guys. They put a lot of effort into looking like a real company. Partnering with a proven manufacturer, all the lies and deceit. We were all fooled. It has all been a scam, they don't even know how to fake temperature simulations right. Either the chip is on fire, or it must be run only in the winter cuz the scale must be farenheight.
Orsoc was never working on any asics, it was all a scam, sure they would be throwing away their reputation for what looks like peanuts, but sometimes it's more about the scam than the loot.
The mars prototype just shows you how much of a long game they have been playing here.
All that effort, just to be caught on such a small thing. It was almost the perfect crime, thank you dogie for opening our eyes.
tl;dr - sarcasm
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So... Some of the times in the past when I ordered stuff from the states and thought I ended up paying like 35% duty, that was actually just the HST and a brokerage fee? That's terrible.
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tltr - what 'batch' are the current orders at? As in if I ordered today what is the projected delivery date?
October |
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The cost of an ASIC scrypt mining chip would be several times more than the cost of a SHA256 chip, that's why scrypt is used in the first place, so the coin you would have to mine would need to be several hundred percent more profitable than BTC to get the same ROI. Good luck! Keep dreaming.
They have mentioned plans to work on scrypt miner in the past haven't they? I don't know I could be wrong but I thought it was in the plans. A re-programmable fpga. |
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Or even maybe three month cycles with other pow between the six month sha256 cycles?
What does this mean? Just hoping that they would come out with their scrypt miner before march. Why bother, there is hardly any money in scrypt. LTC is the best and it's got about 5% of the market cap that BTC has. I think there would be huge money to be made with a KNC scrypt miner. If they were to take preorders after current orders started arriving... Well I think it would be huge. The ASIC market seems like it is about to be so saturated. |
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Or even maybe three month cycles with other pow between the six month sha256 cycles?
What does this mean? Just hoping that they would come out with their scrypt miner before march. |
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This is fantastic news. Here's what it comes down to.
Knc is going to protect our ROI by selling not in batches but time-periods, giving breathing room.
Like when Avalon announced chip sales, that was a surprise to everyone. Similarly, would batch-2 have sold well if they knew batch-3 was coming and coming right on their heels.
It is, yet again, a sign that Knc is a step above everyone else out there.
As for this gen-2 device they plan to sell in March--wasn't I just talking about them doing this ^_^ If these guys plan things right, they'll form a bandwagon that we can jump on. Imagine if they keep delivering in six month cycles.
Or even maybe three month cycles with other pow between the six month sha256 cycles? |
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The price in USD will be equivalent to the current price of 90 BTC.
I'd buy at 45 (50 if it could be here before the end of July). I'd buy at 50 too, but why would they sell them at that price? They're is better off mining them than selling at that price. |
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New Mining Hardware Calculator from Genesis Block.. Is this correct? Says my Saturn will earn me $16,800 ROI in 21 days.. Starting in Sept..  I wouldn't say it is right. Their default difficulty increase per month is 35%, who know what the real number will be, but it seems optimistic. Could easily have 3 adjustments in a month... Not saying it should be 80% or anything like that, but 35 seems low. |
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