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3161  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 15, 2013, 08:04:17 PM
Overall, it still seems odd that KNC has been dead quiet, but they are relying on an unpaid guest to be their mouthpiece.  How does Bitcoinorama find the time and money to just uproot himself and hang out in Sweden completely pro bono living off 1 set of clothes?  He is after all, a professional engineer and their time usually doesn't come cheap.

Actually, he has education in engineering design. I don't know what he did for a living in UK, cuz I never asked. He's not an engineer.

He has already stated in public (and privately to me) that this has gone on longer than he anticipated or planned for, and that he intends to ask KnC for compensation. He also really wants to work for them, for personal reasons.

He also told me that he really likes Stockholm, so maybe he's planning to stay there even if KnC doesn't work out for him (pure speculation on my part). He seems to be pretty good with his money, so he's probably living on savings like a smart man.

Judging by the tone of his posts, he's probably frustrated as hell with the whole situation, just like those of you still waiting. I can be pretty neutral cuz I got no skin in the game. I am somewhat emotionally invested, as this was the company I wanted to succeed. Their silence troubles me as well, and I think they are abusing the privilege with Alex. But we are not there, and we don't know what he has arranged with them or been offered. Give the man a break, he's obviously trying.
3162  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 15, 2013, 06:42:44 PM
(...)
by 1430 UTC tomorrow bud... we're in! yahoooo!

isn't this off topic telling us you found with the help of yahoo someone you're now in business with and buds arriving tomorrow 1430 UTC..?
 Tongue
Are you on drugs?... Smiley
Good ones I hope....   !


Biomech....great song....love it
'gonna party like it's 1999

How about Woodstock attendees get early production and preferred shipping.

Shit. I was like 6 months old or so Smiley
3163  Other / Politics & Society / Re: The problem with atheism. on: October 15, 2013, 06:40:25 PM
I was really hoping someone would give me a counter argument that it is mathematically impossible for the earth to evolve by chance.  

Quote
The calculations of British mathematician Roger Penrose show that the probability of universe conducive to life occurring by chance is in 10 to the 10123 power. The phrase "extremely unlikely" is inadequate to describe this possibility.

http://www.faizani.com/news/news_2003/math_impossibility.html

Call God imaginary if you want.  But if it was not God, there is still an intelligent designer.  It is mathematically proven.




Penrose is arguing that the "uncanny coincidence" of the existence of our universe is evidence of an intelligent hand at work.

The problem is that any talk about the statistical probability of a certain universe occurring is meaningless. Our sample size of universe formation events is exactly one. How can we possibly know or measure how many "other universes" would have to form "randomly" before we get ours? We have no evidence that there even are other universes.

From faulty statistics, we get an untestable claim. It sounds good, but does it demonstrate anything?

I would think that it at least demonstrates there there is some issues with the probability of it happening.  Especially with numbers that high.  Even if the calculations are different, one should be able to logically see that the chance of things happening by "Chance" are just too unlikely.

So there were other universes?  Let's say that is your argument.  Well, all we have to look at is the universe we are in.  One can make up other universes, billions of years, the Oort cloud, or whatever else is deemed necessary to keep the theory of evolution afloat but we should be looking at the evidence we have in front of us. 

What are the odds of even a simple cell being formed by chance? From an article http://www.foolishfaith.com/book_chap3_odds.asp:
Quote
For a more graspable notion of the improbability, he has calculated the odds of the accidental formation of a simple living cell to be roughly comparable to the odds of rolling double-sixes 50,000 times in a row with unloaded dice


So we've shifted from evolution to bio genesis?

Damn, I'm prescient.

Still. If we are to apply these probablilities to the formation of a single cell, would not the same formula apply to the formation of a god? Only by several orders of magnitude greater? Which is more improbable, Magic, or randomness?

Further, even if we just extrapolate from THIS universe, when compared to the vast number of stars those numbers are not so high. We live on a minor planet on the fringe of a small galaxy, and it's teeming with life. Using the same sort of probabilities, that would make it LIKELY that there are many such worlds, UNLESS you believe we are "special". Which is what religion ultimately comes down to, a belief in being the "select few" instead of simply being part of natural phenomena. I'm just not that arrogant.

as to bio genesis vs. abiogenesis, the possibility of it was demonstrated in 2009. There are some videos on youtube relating to this, but I'm too lazy to go search them out right now. just put abiogenesis in the search window.

Oh, and one more thing. When engaging in conversation or debate regarding science, terminology is very important. You committed what I like to call the "religious fallacy" in stating that evolution is "just a theory". So is gravity.

In colloquial english, theory essentially means an idea or a series of them. It's definition is somewhat loose. In science, what is colloquially known as a theory is called a postulate. as in "I think this is what happens and how". A Theory, on the other hand, is very specific. It is still called theory because EVERYTHING in science is subject to new data and further attempts at disproof. A scientific theory is the best explanation of a given set of facts. It is used to make predictions and set up experiments. If a scientist calls something a theory, and he's honest, he is referring to our best understanding of OBSERVABLE FACTS and the predictions that can be made from that explanation. Everything is a theory. You likely learned this in pre algebra, but if it was taught as poorly as it was in my scholastic career, I don't blame you for not remembering it.
3164  Other / Politics & Society / Re: The problem with atheism. on: October 15, 2013, 05:52:14 PM
Wait wait wait. You go as far as to disbelieve the THEORY OF EVOLUTION? There are so many ways to prove it. The coccyx is one small example that, even if it is wrong, doesn't matter. The REAL important proof comes from GENETICS. We can see useless genes in the human genome. These are left over from evolution. Genetics is what makes us what we are, and through it, we can prove evolution. In addition, how do you explain dinosaurs? The huge crater that is in the Gulf of Mexico from the meteor that wipes them out? No mention of that in genesis, man actually NAMES every creature, and yet, man did not even exist when dinosaurs did. If you are going to say "god put the remnants in the earth on purpose," what POSSIBLE motivation could he have?

Also, there are two completely separate stories of creation inside Genesis, each from a different biblical source. Which one do you believe? Why? What makes it correct and the other false? Why are there two of them?

It just doesn't make sense!

My problem with modern evolutionary theory is that the exact evidence supporting it can be used to support other theories that are equally plausible, if not more so, than current theory.
And what theories are those?

For example, evolution in consciousness leads to evolved physical states rather than vice versa.
I've actually seen quite a bit of that particular debate among evolutionary biologists. It just doesn't apparently get a lot of press. The mechanics of evolution are hotly debated. The fact of it is only debated by the uninformed or the religious, as far as I can tell.

I've watched several conferences (0ne was on TED not that long ago) and the actual mechanics of evolution are more a series of hypotheses than actual theory. I myself, and I'm not an evolutionary biologist, find a lot of problems with current theory as to HOW it works. That it works is at this point beyond proven.
3165  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 15, 2013, 05:28:40 PM
(...)
by 1430 UTC tomorrow bud... we're in! yahoooo!

isn't this off topic telling us you found with the help of yahoo someone you're now in business with and buds arriving tomorrow 1430 UTC..?
 Tongue

http://www.youtube.com/watch?v=h0i62GnQoo0
3166  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open ***full prototype pics*** on: October 15, 2013, 07:20:08 AM
Where's https://ghash.io/ getting all of the excess TH/s from?

Either people who started mining on it or it growing by itself or both of these causes.

spiccioli

Isn't GHash exclusively mining with Bitfury gear?  They seem to be growing at an astronomical rate.

Well, given that Megabigpower is beginning to ship again, that would imply that Bitfury just made a whole bunch more chips. I'm sure they give themselves a bit of lead time before they sell "aftermarket' devices, so they probably were building miners while C-scape and cohorts were waiting for chips. Bifury clearly are not fools.

Of course, they could also have had a bit of money invested in KnC. Problems or not, they have shipped a fair number of units.
3167  Other / Politics & Society / Re: The problem with atheism. on: October 15, 2013, 04:47:10 AM
2 Thessalonians 1:8-9  He will punish those who do not know God and do not obey the gospel of our Lord Jesus. They will be punished with everlasting destruction and shut out from the presence of the Lord and from the glory of his might.

Hmm. This just reaffirms my belief that the Christian god is a vain and prideful asshole. Who the hell tortures people for eternity just because they don't give them attention or worship him?

For God so loved the world that He gave His only Son, that whosoever believes in Him will not perish but have eternal life.

That gift is for everyone.  He wills that EVERYONE comes to repentance.  He is no respecter of persons.  He loves us so much He gave his Son for us.  What more could He have possibly done?

But we have a choice to accept His gift or not.  You can look at him as prideful and vain but I look at Him as a loving Father that is to be respected but still loves us and wants what is best for us.

Come on Rassah.  We have had this discussion before.  I know how frustrated you are with the concept of a God that would send anyone at all to Hell for any reason.  But is it fair that no one gets punished for the evil they commit on earth?  Should people be allowed to get away with anything and everything?  There is a price to be paid for sins.  We have all committed them.  The only ones that will be cleared of them are the ones that accept the blood of God's son as a ransom for those sins.

Dammit, you had to go there. Therein lies the crux of the matter. Pun intended. God, who won't or can't show itself, creates an avatar and has it destroyed, briefly, so that "we" are all "saved" from "sin". Convenient, eh?

Try that in life. Kill somebody, then blame it all on them. You will hang. Further, all of the "justifications" in the world do not forgive the very IDEA that a being that is mortal deserves ETERNAL damnation, regardless of what they may have done to other mortals. Also, as an anarchist, I'm in favor of compensatory justice, not punitive. Punishment only works to CORRECT a behaviour. Punishment that never ends is evidence of sadism, and nothing else.

You act like I enjoy the fact that God is punishing people for eternity.  Well, there may have been a few people in my life where I was hopeful for that, but even in those cases God has helped me overcome my hate and pray for them instead of hating them (something only God can do BTW).

My point was that God loves us all.  He wills that all of us come to repentance.  Why there is a Hell is beyond my understanding but I did not write the Bible and even though you found it to not be true (I do appreciate that you admit you have at least studied it!)  I have found it is true.  

Thanks to eve in the garden sin has entered the world and now we have a not so perfect world.  (If I was Eve I would have tasted of the forbidden fruit too so she will get no judgement from me on that one) but for whatever reason we now have a fallen planet.  It is not as God intended.  Hell was not intended for us as humans but for the fallen angels and it grieves God greatly that we choose to go there.  Perhaps it is our own choice that sends us there, not God's.  It is a different way to look at it.

I'm not acting. You are. You have to, because your religion demands a level of hypocrisy that leads to an unacceptable rate of depression and suicide. Understand, I was a Christian minister at one time. My hatred for that religion knows NO bounds, but I don't hate Christians. Or "god" either. I've simply come to understand that IF there is a god, it's clearly not that one. It doesn't make sense, form top to bottom. You admit in your own post that Eve seeking knowledge was something YOU would do, and you believe in YHVH and it's avatar.

Further, Sin. What precisely is sin? The root word from which it's derived simply means "missing the mark" or "missing the target". It's larger ramifications ONLY matter to those who believe. Frankly, modern Christianity holds on to the doctrine of hell because fear is the only "weapon" left in their arsenal. They cannot anymore win against knowledge, as just about every argument they put forth is EASILY disproven except the existence of a deity and bio-genesis.Note that last one. Not Evolution, Bio-genesis. Evolution, which I'm sure you or another Christian in this thread will soon attack, is the most tested theory there ever was. It is incompatible with the book of Genesis, and Christian doctrine. If the one is true, the other is false. And the one IS demonstrably true. Contrary to Christian claims, evolutionary theory has nothing to do with the ORIGIN of life, thus does not by itself preclude a deity. It precludes YOUR deity, because we have irrefutable evidence that the Genesis account is just plain wrong from everything after "In the beginning..."
3168  Other / Politics & Society / Re: The problem with atheism. on: October 15, 2013, 04:36:23 AM
I think everything is too perfectly created to just assume it suddenly happened out of nowhere.

Why do you believe that everything is too perfectly created? Are you not aware of the massive flukes and flaws that exist in biology and nature?

There are mutations in the world for sure, but I wholeheartedly agree (as you probably know about me anyways Wink that the world was perfectly created in the beginning.

Not just mutations. Diseases, viruses, cancers, extreme inefficiencies in our biology, extreme fragility in our environment, tons of vestigial organs and completely useless body parts in many animals including us... If there was someone intelligent creating all life on earth, why was he so horribly bad at it?

What if everything was perfect until sin entered the world?  Sin is pretty much the problem with this world Rassah.  It would be an awesome place if it weren't for that.  Why does God get the blame for sin?  

So, what, because Eve decided knowledge was a good idea, all the animals who were "named" a bit earlier divided themselves into predator and prey, virii were introduced, germs started to exist, plants altered their functions to defend or aggress... all because ONE woman had the audacity to learn something?\

Please. You Christians really need to learn something of the physical world before putting your "gospel" in front of even moderately educated people. This is not the dark ages, or even the fifties. This is the age of the internet. The "forbidden fruit" is at EVERYONE's fingertips. Learn new tricks, or your religion will fade into the dustbin of history like the thousands before it.
3169  Other / Politics & Society / Re: The problem with atheism. on: October 15, 2013, 04:31:56 AM
2 Thessalonians 1:8-9  He will punish those who do not know God and do not obey the gospel of our Lord Jesus. They will be punished with everlasting destruction and shut out from the presence of the Lord and from the glory of his might.

Hmm. This just reaffirms my belief that the Christian god is a vain and prideful asshole. Who the hell tortures people for eternity just because they don't give them attention or worship him?

For God so loved the world that He gave His only Son, that whosoever believes in Him will not perish but have eternal life.

That gift is for everyone.  He wills that EVERYONE comes to repentance.  He is no respecter of persons.  He loves us so much He gave his Son for us.  What more could He have possibly done?

But we have a choice to accept His gift or not.  You can look at him as prideful and vain but I look at Him as a loving Father that is to be respected but still loves us and wants what is best for us.

Come on Rassah.  We have had this discussion before.  I know how frustrated you are with the concept of a God that would send anyone at all to Hell for any reason.  But is it fair that no one gets punished for the evil they commit on earth?  Should people be allowed to get away with anything and everything?  There is a price to be paid for sins.  We have all committed them.  The only ones that will be cleared of them are the ones that accept the blood of God's son as a ransom for those sins.

Dammit, you had to go there. Therein lies the crux of the matter. Pun intended. God, who won't or can't show itself, creates an avatar and has it destroyed, briefly, so that "we" are all "saved" from "sin". Convenient, eh?

Try that in life. Kill somebody, then blame it all on them. You will hang. Further, all of the "justifications" in the world do not forgive the very IDEA that a being that is mortal deserves ETERNAL damnation, regardless of what they may have done to other mortals. Also, as an anarchist, I'm in favor of compensatory justice, not punitive. Punishment only works to CORRECT a behaviour. Punishment that never ends is evidence of sadism, and nothing else.
3170  Other / Politics & Society / Re: The problem with atheism. on: October 15, 2013, 04:28:10 AM
The atheist position in these examples seems to be based on a logical fallacy: that absence of evidence implies evidence of absence.

That's not a logical fallacy, and is in fact exactly scientific. The fallacy you are thinking of is "It's true, because it has not yet been proven false," which is the exact opposite of what you have said. In science everything is considered false until proven true. In religion, everything is true until proven false (an impossibility, and thus a fallacy).

Rassah, it is rare that I disagree with you, so don't take it personally. Science doesn't work by proving things true, it works by lack of disproof. The idea of the scientific method is to test a hypothesis to destruction. If it can't be destroyed, it becomes part of the theory. It is always open, no matter how well "established", to new data and further attempts at disproof.

However, absence of evidence does imply evidence of absence. It just doesn't prove it. Which is why the common Christian comeback has no good answer, as they are asking us to prove or disprove a negative. Which IS a logical fallacy Smiley
3171  Other / Politics & Society / Re: The problem with atheism. on: October 15, 2013, 04:24:57 AM
Two guys died and this is what happened in the afterlife. But who witnessed all this?
Sorry, but it just looks like a children's story. You can't quote a source to prove the source. By that measure all fiction is fact.
Harry Potter is a real warlock because on page 233 it says "I am Harry Potter and I'm a real warlock". Is that proof?

Who witnessed this?  This is a parable that Jesus told.  If He is God in the flesh it would not be hard for Him to know the story.

But as for the Bible being proof, therein lies the dilemma.  If the Bible is not true then you are right.  There is no need to worry.  Eat drink and be merry should be the goal of life.  On the other hand, if the Bible is true then what?  It should be a bit disconcerting and cause someone to at least study the Bible carefully to make sure they are right. Most people who discredit the Bible have never even read it.  As for the Bible just being any other book, millions of people believe it to be true to the core of their being.  People die for their faith in Jesus that they have found by reading the Bible.  Are we all crazy or is there something more to this book that has been cherished for so many?  No one would die for Harry Potter so that book cannot compare.  You could debate that other religious books are as valid but the Bible stands apart.  It is the only book that says that there is no way we can earn salvation by our own merit.  It is a free gift from God.  Other "gods" or paths are all about working or earning our way to heaven somehow.

 

I have to take severe exception to this. I have been an atheist for some time now, and reading, then extrapolating, studying, searching and HOPING it was true (because I had wasted half my life believing). I actually encourage everyone who call themselves Christian to read the bible, straight through, and see if they still believe. I can't recall who said it, but a rather prominent atheist once said that the bible is the best argument for atheism that exists. I don't agree with that, as there are far more logical reasons to disbelieve in deities, but it's still been my experience that the VAST MAJORITY of atheists whom I have interacted with (and it's been rather a lot) are far better versed in the bible than the majority of Christians. The main exceptions I have seen to this are people from nations or places where Christianity holds little sway. Even there, they seem to be more knowledgeable than most Christians.

My take is simple, though not simply arrived at. If there is a god, and it wants to be worshiped, and it is omnipotent, (all Christian claims, here) Then it would have the power AND MOTIVATION to make this obvious. We would not need a collection of old books voted upon by political committees in order to validate the existence and will of such a being. Thus, if there is a god, based on the observations of the world and visible universe around us, I have to say that it doesn't want to be worshiped. The more likely solution is that it simply doesn't exist, but the jury is out on that.

I could go to great lengths in exposing the multiple mistakes and fallacies contained within the Christian bible and it's derivatives, but at this time I don't see the point. It's all well documented, and there is no swaying a "true believer" with facts. A thing I have come to realize after a great deal of personal pain. For psychological reasons, it is very difficult to relinquish belief, even when it has been proven to be false. It was for me. Losing my religion was personally devastating until I figured out who I really am, and managed to initiate a new paradigm. I'm a pretty tough person, so if it was that hard for me, I can understand why people cling to it. But that doesn't make it correct.
3172  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 14, 2013, 11:15:04 PM
In other news

http://www.bbc.co.uk/news/science-environment-24477667

"The bottom line is that 1,000 tonnes of diamonds a year are being created on Saturn."

Should have got one of those instead.

trouble is that the shipping costs will kill you.
Yeah, interstellar UPS is a rip-off. Nasa is the cheapest option.

Nah. Russians do it cheaper and more reliably. Their shit is built to perform, NASA's is built to impress newsies.

Also, don't forget about Sir Richard's outfit. Could change the whole game. I'm told his wife likes diamonds. Smiley
3173  Other / Politics & Society / Re: Opinion on the US on: October 14, 2013, 05:29:47 PM
I love america (deliberately not capitalized),

What does it mean to "love america"?  Do you love all the atoms that make up the entirety of america?  Do you love all the 300 million or so people who live there?  Do you love the government?  I don't understand what this phrase means?  

And does it mean that any physical part of america you love more than any physical part of the rest of the world?   Do you like the local trash heap better than say a luxury home in another country?

This grouping stuff just seems like cultism to me.   A country is just an in group and outsiders are not as good.  

Here in Australia, people call others "unAustralian" to describe a douche.  Well, I'm unAustralian.  I don't subscribe to any of this country nonsense.  That people in a physical location are somehow joined in some way.  Just because you are an Australian (or American or whatever) doesn't necessarily make you better or worse than any other human.  

If you are talking about loving the idea of freedom and liberty, then I agree with you.  But that doesn't equate to america nor solely is it the province of americans.

hard to put into proper words. I am a bit more awake now Smiley For the most part, I agree with you. I'm trying to convey the idea that I love the land of my birth and the major concepts that led to it breaking away from Britain. I hate what it has become. I also love the wide open spaces and mountains and coasts. The people? Not so much. I have met people from all over the world, and the average US citizen seems to be blithely ignorant of the world around them to a greater degree than most other people.

Of course that could be a false impression, since I met most of those people IN the USA, but with the advent of computer based communication my impression seems to be strengthened.
3174  Other / Politics & Society / Re: Opinion on the US on: October 14, 2013, 02:25:58 AM
I love america (deliberately not capitalized), but I fucking LOATHE the United States. The two don't equate. A couple centuries back, some guys with various motives got together and threw off the yoke of an oppressive empire. So far, so good. It took them less than a decade to draft a document that guaranteed a return to tyranny, and "four score and seven" years to fight a war that made even the few roadblocks in that document irrelevant.

Even so, the spirit of liberty and self sufficiency remained.

Then, the descendants of the traitorous mob started this new idea called "making the world safe for democracy" as if that were some noble goal. Our "leaders" started or participated in multiple foreign wars, killed the currency, lied about it, and then stole the gold.

Even so, the spirit of liberty and self sufficiency remained, though it was coming under fire on a daily basis.

Then, the descendants of the descendants of the traitorous mob stopped caring about whether or not a thing was legal, if they could get away with it. They escalated wars in Korea and Vietnam and Grenada and Iraq and Afghanistan and many other places. Called most of them "police actions" as if the nations they were incinerating were errant petty criminals within their own purview rather than independent nations. Largely, they got away with it.

Meanwhile, on the home front, they used every overt and covert tactic they could dream up to demonize the idea of self sufficiency and pervert the meaning of liberty.

It worked. Americans, who live under a police state reminiscent of Soviet Russia or the early stages of Nazi Germany, think they are free, while kowtowing to every whim of anyone with something looking like "authority". The idea of self sufficiency is under constant attack, and most people buy into this thing called "society" without analysls.

I was born in 1968. Outside of the big cities, america was mostly still a free nation then. I saw it begin to erode in the late seventies (The erosion was already advanced, I just finally saw it then). Now, just shy of 45 years after my birth, I cannot recognize this place as anything even resembling my country of birth. You now need official permission to breathe, let alone do anything useful.

Yet when I was a kid, the police and the officials in government would not DARE speak to average citizens with the open contempt they now display. It would have cost them too dearly. Now, they have reduced us to this. It's pathetic, and it's getting worse daily. They cavort high on the hog on the backs of all of us, and most of us LIKE IT.

I am damn near destitute, or I would have taken my family and fled some years ago. I have had many friends go on vacation to Europe or parts of Asia, and never come home. They found something far better, and went with it. I am jealous. I missed the opportunity.

There will come a point when the empire falls apart from within. The point of no return was probably passed in 1971, when the Nixon administration approved the default on american currency.  There is no saving this mess sort of it's complete dissolution, and that day will come. Unfortunately, it will come with little warning and no plan. I do not look forward to this, as at the rate it's going, I'll still be here.
3175  Bitcoin / Hardware / Re: Knc vs Butterfly on: October 14, 2013, 12:18:13 AM
Why not use that 5k $ to just buy bitcoin?

I can't answer for everyone, obviously, but to me, the fun of the hardware and exploration.

It's also a long term bet on the transactional side of BTC. Even though I know that I will not see positive ROI in a short timeframe, I still want to do it. Only reason I haven't is that I don't yet have the spare cash.

3176  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 14, 2013, 12:14:18 AM


I'd have to say you both have valid points. MHS, you are right in your assessment, and Mota, your observation. Problem is you're arguing two seperate issues and conflating them.

If nobody will take a risk on a new product, then there will be no new product. If nobody will take a risk on a new company, there will be government intervention on behalf of the bankers no new companies.

Either way, you assume some risk, and sometimes it bites you.

Granted, I have no skin in this game, just a lot of interest. But for whatever it may be worth, I expected their rollout to be far worse. And this is the horse I would have backed.

I think they should hire a serious PR staff, and like those "large" companies, keep the engineers AWAY from microphones, forums, etc. Engineers build shit. Most of them can't sell shit unless the market is on fire, and they tend to overestimate their abilities. No, I'm not saying they lie, I'm saying that they get enthused and fail to account for Mr. Murphy or Feed Justin Case. Justin's a good guy when he ain't hungry, and Murphy is the devil's nightmare. There is good reason why most managers are NOT tech people. They are able to abstract themselves from the project and see the wide world a bit clearer. KnC needs some of those people. I think their development team is nothing short of spectacular, but they have operated their business like rank amateurs. They are clearly very smart people. I hope they learn from this and fix the glaring errors going forward. I suspect they will.

Also, never forget that the established companies screw the pooch too. Anybody remember the IBM PS/2?
Wow, if you read that just now you have a lot of catching up to do! Cheesy
Tongue

This thread gets a new novella added from the time I go to work to the time I get home every day.

Hell,it's at least entertaining.
3177  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 13, 2013, 11:46:54 PM

KnC CHOSE ad nauseum

And every one of their customers CHOSE to buy into an unproven company in an unproven market. Do you cry to Best Buy when you bleed from buying a Cutting Edge 4k TV and there's no content widely available? Probably so, nm.

Depends: Did it get delivered on time so that I could have used my 4k receiver and my PS with it? (Which I bought extra for it?)

Probably on whether you bought it from Sony or a company who 6 months ago did not exist. For starters.
If no one buys from companies younger than 6 months there would be no economy. Nowhere. Your argument is invalid, I am sorry. Also, for future reference: Ad NauseAm .

Well I didn't expect it to be you to take the spelling bait, but whatever.
There are plenty of large companies who do absolutely 0 business in their first year, so by definition if my argument is invalid so is yours. But that seems to be what this thread is all about now, so I'm sure you pine in with some BS opinions about general economics and other crap. Dejected sigh.

I'd have to say you both have valid points. MHS, you are right in your assessment, and Mota, your observation. Problem is you're arguing two seperate issues and conflating them.

If nobody will take a risk on a new product, then there will be no new product. If nobody will take a risk on a new company, there will be government intervention on behalf of the bankers no new companies.

Either way, you assume some risk, and sometimes it bites you.

Granted, I have no skin in this game, just a lot of interest. But for whatever it may be worth, I expected their rollout to be far worse. And this is the horse I would have backed.

I think they should hire a serious PR staff, and like those "large" companies, keep the engineers AWAY from microphones, forums, etc. Engineers build shit. Most of them can't sell shit unless the market is on fire, and they tend to overestimate their abilities. No, I'm not saying they lie, I'm saying that they get enthused and fail to account for Mr. Murphy or Feed Justin Case. Justin's a good guy when he ain't hungry, and Murphy is the devil's nightmare. There is good reason why most managers are NOT tech people. They are able to abstract themselves from the project and see the wide world a bit clearer. KnC needs some of those people. I think their development team is nothing short of spectacular, but they have operated their business like rank amateurs. They are clearly very smart people. I hope they learn from this and fix the glaring errors going forward. I suspect they will.

Also, never forget that the established companies screw the pooch too. Anybody remember the IBM PS/2?
3178  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 13, 2013, 11:34:40 PM

solo mining is way off topic here



And THAT somehow matters to you all of a sudden?

LMAO let he who is without off-topic FUD throw the first stone.
http://www.youtube.com/watch?v=thiTa8wfZsc

Who cares if it's off topic FUD, I'm throwing cannonballs!

(sorry, couldn't resist. Or at least didn't.)
3179  Bitcoin / Hardware / Re: Knc vs Butterfly on: October 13, 2013, 01:24:37 PM
how in the world u have Activity: 182 and u dont know how much is 1 + 1 ?
did you bought your account ?
how in the world DO u have
*don't
*buy


did you buy your english?

OUCH!

On topic, KnC has some delivery and hardware hiccups. Given their development cycle, I expected it to be worse. I think that if you were ordering right now, they would probably deliver your units on time. The first lot, they did far better than I expected, and a bit worse than they were hoping for. So far, as near as I can tell, they have shipped around 700 units, most a week or so behind schedule.

By comparison, as of a few weeks ago BFL was still several months behind their initial pre-orders. I really don't think the two companies compare well. KnC seems legit, but have let their pride in initial accomplishment blind them to some of the more mundane realities of doing business. Understandable, and frustrating for their early adopters, but still a good company. BFL has dropped the ball, kicked the can, obfuscated, delayed, and often outright lied for most of their history. On integrity alone, I would not do business with them. I would only buy a BFL rig if it were through a third party in person, with the rig in hand. From everything I've heard, despite their Kirby Vacuum style of marketing, they do have good hardware once they get around to building it.

My .002 BTC Smiley
3180  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: October 13, 2013, 01:15:14 PM
just out of curiosity, is anyone SOLO mining out of RENO NEVADA??

Wouldn't surprise me at all. I lived in Reno for a while just out of high school. While everyone knows it as Nevada's other gambling mecca, it's not as well known just how much industry is there. In 1990 when I left, they were busily rebuilding their entire telephony net to handle the load. As of about 98, they had gone fully fibre optic. Power is relatively cheap there as well. It would be a good place to set up. Also doesn't hurt that Nevada and the city of Reno both have a huge amount of tax incentives for new businesses, no personal income tax and really low corporate taxes. It's a good place to do business.

Besides that, it's the kind of place where if you can't have fun, you simply don't know how Smiley
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