What if Bitcoin was simply the worldwide global currency? The thing you could use anywhere you travel right alongside that given country's existing fiat?
A bad comparison: You can use that country's cash if you want, or you can use Visa anywhere in the world.
Wouldn't that be a more realistic future for Bitcoin?
Bitcoin doesn't have to replace the fiat currencies but it will because fiat currencies aren't stable to support themselves. As the Feds continue to print USD like there is no tomorrow their fiat currency has become very unstable, other countries have done the same thing and the writing is already on the wall. When the world market collapses (it could be as soon as April 2014) what other currency are they going to use? Likely they will want to use something that everyone uses around the world. It could be bitcoin or it could be some other crypto like currency they invent (so they can control it). In the end there will be Gold, Silver, Bitcoin, and possibly another crypto currency that is regulated. |
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Who's bought from Knc Miner in the past and lives in Canada and or the US?
What did Knc Miner mark the value of the miner as?
Did you have to pay any duty and brokerage fees?
I am just wondering if they are going to mark the value down or if I am going to be stuck paying $1560 plus a brokerage fee when my Neptune finally shows up!?
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I've been watching this on the neptune batch 1,2,3,4 stuff and if you look on KnC's site it goes down like this:
1st batch - pre-existing customers only at $10K - shipment Q1/Q2
General release - anyone could order at $13K - shipment Q1/Q2
2nd general release batch - anyone can order at $10k - shipment in Q2 at least 1 month after the general release batch
So, honestly time will tell when everyone will get their miners. It's just all speculation at this point since it's months out and we have no more info to go on. If you want a 2nd batch Neptune they are still available (912 left). I do believe they might release some Junipers since they're a little crazy like that. If they do I certainly will pick one up if the price is reasonable.
FYI , so you don't confuse anyone it should look like this: Pre-Release - pre-existing customers only at $10K - shipment Q1/Q2 1st batch release - anyone could order at $13K - shipment Q1/Q2 2nd batch release - anyone can order at $10k - shipment in Q2 at least 1 month after the general release batch |
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Thanks for the response smoothrunnings -- I'd just figured that the second batch had sold out but apparently that was not the case. It's curious that this one says definitively Q2. Hopefully the first batch still has the Q1/Q2 designation. Who knows what difficulty will be like once we get there.
Who told you the second batch was sold out? |
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I'm sorry for asking, but I can't keep up with this thread... But so now there's a third batch of Neptunes back at $10k? What is the definitive timeline on releases for these? Neptune 1.0 ($10k), then 2 weeks later Neptune 2.0 ($13k), then Neptune 3.0 ($10k)? It all seems a bit screwy.
Again, I'm sure this has been covered, sorry for asking.
There has only been 2 versions of the Neptune's thus far, batch 1 and batch 2. Batch 1 was offered to Knc Miner's customers ONLY initially at 10k, then 30 days later the same unit was offered to everyone else for $13k. As things have progressed in the bitcoin hardware manufacture Knc for whatever reason decided to lower the price on the batch 2 units to $10k. When you bought your new car, and months later the price dropped did you ask the dealership to reimburse the difference? I hope not!  |
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So I have my 4-module hashing happily at ~75Gh/s with the stock 750w psu and using the max clock settings in cgminer for my power. The Avalon Wiki says that I should bet getting : Hashrate：90GH/s, Chip:282MHz, 750W https://en.bitcoin.it/wiki/AvalonWhat am I doing wrong? Buy a 1250 OCZ psu and change chip to 350 mhz. Enjoy 110 ghash I have an Corsair AX860i, at 350Mhz my Avy does 107GH/s. I would think with a 1250 PSU you should be able to get more like 120GH/s. |
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So I have my 4-module hashing happily at ~75Gh/s with the stock 750w psu and using the max clock settings in cgminer for my power. The Avalon Wiki says that I should bet getting : Hashrate：90GH/s, Chip:282MHz, 750W https://en.bitcoin.it/wiki/AvalonWhat am I doing wrong? Check the WEB page under the system ---> "cgminer API log" You should find lines that say [match_work_count<n>] from 1 to 32. These should all have similar numbers. If you have fewer than 32 workers, go to the configuration tab and change the number. Typically, there are 8 workers for each module in the Avalon (8, 16, 24, 32). If there are 32, but one of the numbers is very low, you have a under-performing chip. I agree with the recommendation of the OCZ 1250 power supply. My power draw dropped by about 30W after I changed to the power supply as measured by a kill-a-watt meter. I also think the unit is more stable, but I don't have data at hand to back that up, it's just gut feel. You may want to update to the latest c kolivas firmware and use the --avalon-auto option. FYI, those OCZ PSU's might be a little harder to get since OCZ filed for bankruptcy a couple of months ago.  |
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How much do you think I can get for a B1 4 module Avalon that has an 860 PSU, it will do 107GH/s if I wanted to sell it locally?
Thanks,
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How long does it take Knc to process orders?
What does a processed order look like in comparison to one that is still being processed or waiting payment?
I placed an order for a Neptune today (B2) and paid through bitpay (clicking on their payment link), I have the payment info from bitpay, but on their website it's not clear what the status is of my order. LOL
Thanks
Monday, during business hours, it will/should change to "Paid"....it's totally normal...you can relax.... 5x nep order here So far I've seen "Pending" "Paid" "in progress" "Shipped" "Closed" "Pending Refund" and "Cancelled" (on previous orders) if that helps any.... There was a glich in the automated function a month or so ago, so now those are done manually right now looks like.... congratz on the Neptune purchase btw... You forgot one! "New" LOL Thanks for sharing your experience. |
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How long does it take Knc to process orders?
What does a processed order look like in comparison to one that is still being processed or waiting payment?
I placed an order for a Neptune today (B2) and paid through bitpay (clicking on their payment link), I have the payment info from bitpay, but on their website it's not clear what the status is of my order. LOL
Thanks
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If you hate Knc so much why do you continue to buy product from them? Compared to BFI, Avalon-ASIC, and HF they seem to be doing a much better job. Sure there going to be people to have their problems or disagreements but that's how life is in general.
I think if you really dislike them than I would recommend when you get your Neptune from them that your turn around and sell it or auction it, then go with BFI or HF so that you're a happy camper! (smirk)
I don't think you've read anything I've written if you think I've bought a neptune. If I do buy any more mining equipment, it certainly won't be from the Swedish bitcoin mafia. It's a shame there isn't a german manufacturer of bitcoin hardware. They have a favourable attitude to bitcoin and always high quality engineering. I can only imagine if there was a German manufacture of bitcoin hardware, it would take like a year to produce anything as they believe in quality over quantity.  |
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Question about the "common information" page when you log onto Kncminer.com and click "my account" it asks you for your wallet id, mining pool, and your user and worker ID, what exactly is this for?
Thanks
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why you talk netptune if not exist
the comparison is with jupiter
Or why talk at all if you can't speak proper English?  Well for starters the Jupiter doesn't do 1.2TH/s and it's not for sale anymore, so why compare the Jupiter if it no longer exists? Where as the Neptune is their current mining rig that is for sale and in development/manufacture. Why compare something from the past when you should be comparing things to the present? |
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no one understand why pay 13k and now is 10k
kidding with our money
Because -- boxes delivered later are worth less because they will mine less coin. The selling price is wet by KNC as to be representative of what they will accomplish. They are not doing a normal markup/margin. As I pointed out, there are only two batches. First batch priced at 10k (existing customers only). And then the second batch priced at 13k to be delivered 30 days later (which has now mysteriously dropped to 10k). They are in fact charging 3k extra (to those who bought in early December) for something to be delivered 30 days later. Actually the first batch which cost 10k and 13k are the same batch 1 units. KNC just gave their customers a break on the price. Batch 2 is what is currently being sold to everyone for 10k. So if you weren't already a KNC customer when the batch 1's came out and you paid 13k well that's too bad for you! But not to worry you'll have your Neptune a lot sooner than I will have my Batch 2 rig, so what's big deal? Oh yeah, it is two batches and 3 batches within those two. My mistake. KNC go back and rewrite their newsletters so often, it's hard to keep up  So their "Second Batch" is their third batch, which is all very clear. I know a lot of people bought with the mindset they could get a refund any time they want, because knc promised that. But knc are such despicable liars, they retrospectively removed this "promise" from their newsletters after customers bought. I just find it amazing how much lies and greed and contempt for customers knc show and people are still willing to give them their money. It's never going to end well. I know when I bought, the only people offering advice in this thread were shills, giving biased bs, pretending they were unbiased. I guess I'm just sick of that and offer the other side, even though I get so much abuse from the shills for doing it. Also, I'll feel no guilt at all about laughing when the knobtuners are getting first degree burns in Q2/Q3/Q4. Lot's of "I told you so's" on the horizon It's a real simple wallet test for me. Would I go to the bathroom and leave my wallet at the table if knc were there? Nope. On an ongoing basis, they prove how rotten they are. I would not trust them with another dollar, on the basis of my dealings with them in the past and the way they operate. Don't believe me, you are welcome to believe whatever you want regarding knc. But things are not always as they seem   If you hate Knc so much why do you continue to buy product from them? Compared to BFI, Avalon-ASIC, and HF they seem to be doing a much better job. Sure there going to be people to have their problems or disagreements but that's how life is in general. I think if you really dislike them than I would recommend when you get your Neptune from them that your turn around and sell it or auction it, then go with BFI or HF so that you're a happy camper! (smirk) |
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hashfast have cheap price
more Ghash
have psu
have coolwater
good case
iam litle sad with knc
I see that HashFast uses 28nm chips, the Neptune uses 20nm chips. So even though the HF is cheaper in the short term down the road you will have spent more on electricity with the HF. And have you ever built a true water cooling PC before? I have, water cooling comes a price too as fans and pumps use energy. |
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no one understand why pay 13k and now is 10k
kidding with our money
Because -- boxes delivered later are worth less because they will mine less coin. The selling price is wet by KNC as to be representative of what they will accomplish. They are not doing a normal markup/margin. As I pointed out, there are only two batches. First batch priced at 10k (existing customers only). And then the second batch priced at 13k to be delivered 30 days later (which has now mysteriously dropped to 10k). They are in fact charging 3k extra (to those who bought in early December) for something to be delivered 30 days later. Actually the first batch which cost 10k and 13k are the same batch 1 units. KNC just gave their customers a break on the price. Batch 2 is what is currently being sold to everyone for 10k. So if you weren't already a KNC customer when the batch 1's came out and you paid 13k well that's too bad for you! But not to worry you'll have your Neptune a lot sooner than I will have my Batch 2 rig, so what's big deal? |
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1 peta or more? If so wonder how many they're mining a day.
As of late November then entire computing power used by miners was equal to 500 of the fastest supercomputers times 256! That well over a exaFLOP, you would have to NSA to reach 1PH/s I think at this point in time. |
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wht sells again?
like i say knc is kidding with us and our money
where network protection
where is 3000$ more other batch now is 10000
3600 machines
maybe are right calculation by other member we only get 7 bitcoins
mining is out control
You have to keep in mind that with all smaller companies there is always going to be some kind of overhead operating and R&D cost that is included in the first release (or in this case first batch) of the newer product. Once they have a solid understanding how everything is going to work the newer releases end up being cheaper to produce as they don't need to acquire more moneys for R&D and their operating cost. Is this a bad business practice? No, it's normal business practices for a copy this size, if they were the size of IBM say then yes it would be bad business practice as they would be able to acquire the costs from other products and services they offer. |
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Is there anyone from Canada who has bought from KnC Miner here? I am curious to know if KnC Miner has their own broker or if UPS uses their own, basically I am interested in what the fee was for people on the last batch of miner who had them shipped to Canada? It's nice to see the Neptune's drop by 3 or 4k. |
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Banning botnets and fending off their attacks. Bit of a bumpy ride at the moment. But looking better already.
To botnet herders: connecting thousands of cpuminer instances using getwork from 1 IP is no better than from thousands of IPs. It still causes a lot of load for almost no effect, and you will still get banned. Also, advice on illegal botnet activity: earning 0.01 BTC per year is not worth going to jail.
Is there something wrong with the pool, my Avalon's aren't hashing from your pool, they are set to hash from you first and failover in the event your pools stop working? |
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