The Bitcoin creator was Max Keiser!

Mine are much lower now too out of 60 shares I have 4 orphan and 4 dead. It use to be a higher.

Well if everyone didn't drop their purchases KNC wouldn't have so many Neptune's left that they had to go and build a co-lo to house them in and make some bitcoins off them.

Looks like KNC is on track.

https://www.kncminer.com/news/news-78

KnC Announce ‘Tape out’ of the World’s first 20nm ASIC for Bitcoin Mining
 
STOCKHOLM, SWEDEN — March 5, 2014 –– KnC, the most trusted brand in Bitcoin Mining is announcing they
have completed ‘tape out’ of their new ASIC. This is the world’s first Bitcoin Mining Application Specific
Integrated Circuit (ASIC) designed using ground breaking 20 nanometer engineering. This important
milestone was achieved only 3 months after starting the project, during February 2014.
 
KnC partnered with Alchip and its representative, Advanced Semiconductors Technology (AST), to deliver
this advanced 20nm technology ASIC. This tapeout is the 2nd generation of the bitcoin mining ASIC following
the success of the 1st, which was delivered in a record time of 3.5 months.
 
This new KnC20nm chip will reduce power consumption of Bitcoin Mining by 43% when compared with the
previous generation. In addition, innovations in the design of the communications circuitry allow for 1440
cores, in a 55x55mm package.
 
Marcus Erlandson, KnC CTO, is immensely proud of the teams performance, “The combined efforts of KnC
and our partners Alchip means that once again we are bringing to market a world first silicon design and in
record time.”
 
Johnny Shen, President of Alchip. “KnC and Alchip have been working together on Bitcoin ASIC design for
less than 12 months and in that time we’ve already delivered 2 world-first projects. Collaboration is the key
here and the close working relationship between our teams is the secret to our success”
 
Bitcon is maturing and the technology that underpins the Bitcoin network is largely powered by KnC
hardware with devices sold in over 100 countries worldwide. To learn more about KnC, visit
www.kncminer.com

Update:

I would like to add that Alchip doesn't have an official press release posted on their site about the 20nm chip, their last release was from the Jupiter. But looking through the Jupiter info it doesn't say how cores it is, nor does KNC say how many TH/s on the Neptune so we can speculate what its really meant by a 43% reduction in power.

Is there anyway to setup bitcoin-qt so it subtracts the correct fee from your send transfers without you having to do it manually like multibit does?

Thanks,

Thanks. I am in the process of moving my P2Pool so I can use pywallet and leave my bitcoin-qt shutdown for a week or so, hopefully the it will be removed from the blockchain then so I can resend it with the correct amount, then move my P2Pool back.

Thanks for the info. Looks like I will have to move my P2Pool server to another machine then do what you suggested after I take pywallet to it.

Not sure what OMG10 is? I use bitcoin-qt 0.8.6 on my P2Pool.

So I don't need the disablewallet=1 in bitcoin.conf correct, only need to add the -a {address} to my P2Pool startup string?

 

little chance?

do I need to add anything to the bitcoin.conf?

Yes I am using the latest version of bitcoin-qt.

So are you saying my other option is to just wait it out?

Is there anyway to disable the wallet function in P2Pool and have it instead forward the percentage of shares the note is to receive to a different wallet?

I have hit a stumbling block; over a week a go I initiated a transfer of over 1/2 a bitcoin and Bitcoin-QT told me I need to account for 0.0004 of the fee, so I did that and ever since the transfer has been in limbo, it looks like bitcoin-qt gave me the wrong fee to account for it if I understand the blockchain correctly.

https://blockchain.info/tx-index/7bbbc7b5fac8c2973e9c62a17cead946b9cf1832aac47479799ce566fafabcc1

Also I need to figure out if can fix this issue or have I lost those coins?

Thanks,

I tried to send myself bitcoins out of my Bitcoin-Qt on my P2Pool and it said I need to account for the fee of 0.00004, so I did that but for a week now it's been stuck in limbo. Here is what it looks like, can someone tell me if there is anything I can do to fix it?

https://blockchain.info/tx-index/7bbbc7b5fac8c2973e9c62a17cead946b9cf1832aac47479799ce566fafabcc1

Thanks,

https://www.startjoin.com/bitcoinfight2

I think we should see Mark from MtGox fight to death! LOL

Your conversion fee is too high. Every company who does business like this is lucky to make back their initial investment back but never survive much longer after that, were as companies who enter into the market place to snatch up clients offer lower fees and once they have a solid foundation they slowly raise the fees. Think of this way, what's worth more to your business 100 people at 3% conversion rate or 10,000 people (maybe more) at a 1% conversion rate, then in a year's time as more and more people start getting on board you raise the fee.

It would be nice if you could find away to offer these cards in North America, not just Europe, and either in USD or CAD.

For starters if you do the math using the number of Bitcoin's MtGox has reported that went missing if happen since 2011 MtGox would have lost 409 Bitcon's a day; granted Bitcoin's didn't have the same value back then 409 still have alerted accounting (if they were doing any) that money was missing at the end of the month. But lets say the lost the coins later on, losing 750k of coins over 2 to 3 years is a lot that any accountant would see it.

So yes it's speculated that Mark likely cooked MtGox books and embezzled the money. Filing for bankruptcy costs money, for an individual it costs about $30k here in Canada, for a company it costs a lot more. Plus all the extra stuff we are seeing not that MtGox has filed in court is costing them big time. So where are they getting the money? Is Mark using the embezzled money to pay for it? These are serious questions people need ask!

He more likely used the name of his cat for the passphrase not his favorite coffee place. Either way it goes to show just how serious Mark took when it came to running his Bitcoin empire.

http://www.bangkokpost.com/news/world/397964/mtgox-opens-call-centre-after-500m-bitcoin-loss

The call centre will respond to "all inquiries to MtGox", the Tokyo-based firm said on its website. "An overview of the situation should be published here shortly."

A company lawyer said 750,000 Bitcoins belonging to customers had gone missing, along with MtGox's own store of the currency, which she said was around 100,000 units.

That number of Bitcoins would be worth around $477 million, calculated against the price on the Coindesk exchange at 0300 GMT on Monday....

Installed what? YouTube?