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Yep, sounds familiar. Learning about how it all works is just about all I did day and night for the first 3 months after I got involved. It is still early believe it or not. Even with all of the press coverage lately, most people still don't have any Bitcoin or know what it really is.
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All of the computers and a USB miner together might get you 1-2 GH/s which would earn you about $.75 to $1.50 per day with Bitcoin priced at $1000 each. That will go down to $.50 to $1 per day in the next two days when the difficulty changes again. Even if electricity is free, your time is probably worth more than 75 cents per day.
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knc must sell again jupiter because
Next difficulty retarget occurs at block 280223.0 (eta 1.3 days): 2068618701.42 / +45.8% [est.]
That is not even close. The increase will be ~25% not 45.8%. |
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^What in the heck does this have to do with KNC?
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Does anyone notice that their miners generally runs better until the first flushwork?
I get around 1% HW errors, and after a flushwork occurs, it shoots up to 3-4%. The HW ticker goes from 1-7 a jump to upwards of 50 a jump.
YES, I noticed that all along... I think the flush-work....still needs work! **** It seems to "Flush" with every single block detected, and not for just the pool you are on, which causes the errror rate to be higher than it has to be...drastically. IMHO...that's the biggest tweak needed atm You are way off on this one... Flushwork has to run with every block detected on the network. Blocks are built on top of each other network wide, not just on your pool. |
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If you sign it you are going to have to criticize them. It's required under paragraph 6. 6. Non-Disparagement. Buyer agrees that Buyer shall disparage, libel, or criticize the Company or publish any statement concerning the other that this is critical. That should be easy though. |
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.5 BTC with escrow if this is for the domain name "BTC.NET". You said it is 3 "words" so that is a little confusing since it is 3 letters.
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.5 BTC if this is for the domain name "BTC.NET". You said it is 3 "words" so that is a little confusing since it is 3 letters.
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I had done some calculations this morning that turn out to be wrong. Someone was speculating on a $3000 price tag for January Jupiters. I think that is a lowball figure if one considers the $13200 figure for late batch 1 Neptunes, of course the $205 shipping is non-refundable as is the Bitpay take. That $12,995 is $4.33/GHs after a few months waiting while if January Jupiters go off at $3000 it's $5.45/GHs at a nominal 550GHs tho at a power penalty.
So, either the $12,995 was a blunder or the January Jupiters are going to come with a price tag well above $3000.
But then my calcs might be all wrong today - running treadmill watching Bering Sea Gold and next episode highlights show one of the miners being carried into hospital after opening a door to someone, spinning the cylinder of a revolver, putting it to his head and it discharging. They were not rushing thru the hospital door.
My November Jupiters were $4632.30 delivered to the US. That's $4632.30/675 GH/s = $6.86 per GH/s. The difficulty was 908M by the time they were up and running. If KNC sells January Jupiters, they are likely to be up and running by the first week in Feb which will have a difficulty of ~2000M. To make it the same deal as November Jupiters, given the doubling of difficulty, they would need to price them at half of what they sold for in November. $4632.30/2 = $2316.15. They said they would price them as competitively as possible so I think $3000 is generous. As far as comparing November Jupiters to Q2 Neptunes, I think you start to see that the Neptunes are nowhere near as good a deal as Jupiters were. |
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The whole purpose of the network protection statement was to protect their customer's share of the network. Why would they sell to the public? That would be the opposite of protecting their customer's share of the network.
Because they've already done it in the past.. and in their recent announcement, they let everyone know to be ready. The protection statement itself was mostly a gimmick anyhow. Uuuuh... Maybe because we are the public. You expect them to limit sales from now on to previous customers? I wish....lol Not from now on, just during the network protection period...and people who sold all of their equipment should be excluded too. |
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I heard that too many vendors signed up for Manufacture @ Global Foundries & that they are still busy making graphics cards, giving other ASIC companies the cold shoulder 'till the other bookings on the 28nm line are complete... anyone else heard this?
If so, I guess the substrates shortage there at Global Foundries was BS? Did seem fishy when it was stated.
I'm guessing one or more of the Graphics cards lines had a problem; a problem that moved everyone back a month or two?
GPU OEM's have been faced with a huge shortage at the factory level, that is a fact. Would make sense that there's a foundry issue which is part of the problem, the other part being miners wiping out inventory. I think $2995 for previous customers would be a fair price for a January Jupiter @ 675 GH/s. Anything higher than that is not really profitable especially if they are not delivered until late Jan/ early Feb.
Considering it's not a new product line, they shouldn't/likely-won't provide pricing or special buying opportunities for current customers. It'll be a fire-sale like with the modules. They've hinted at this already, saying to have your coins ready (directed at everyone). The whole purpose of the network protection statement was to protect their customer's share of the network. Why would they sell to the public? That would be the opposite of protecting their customer's share of the network. |
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I've been trying to determine if the next unconfirmed batch of Jupiters will be worth buying and want to share my estimates. Please keep in mind that my goal is to be somewhere between pessimistic and realistic. Assumptions: - Next batch will be delivered by the first week of February 2014
- Hash rate will by 670GH/s
- Difficulty will increase at 25% per adjustment for the lifetime of the Jupiter
- Shipping costs will be $136.80 (based on previous Jupiter shipments)
- Power supply will cost $200
- Power consumption will be 900W @ $0.15/kWh
- $700/BTC
- No VAT or customs fees (I'm in the US)
Using the above assumptions, the next batch of Jupiters should generate 8.52 BTC before becoming unprofitable based on this calculator. Subtract the electric costs and the remaining BTC will be worth $5340.95 @ $700/BTC. tl;dr - I think the next batch of Jupiters need to be priced below $4,995 to be profitable. If KnC continue to sell Jupiters, they just sell $3000/Feb. Jupiter. I hope that ha ha ha I think $2995 for previous customers would be a fair price for a January Jupiter @ 675 GH/s. Anything higher than that is not really profitable especially if they are not delivered until late Jan/ early Feb. |
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igorr, igorr... wait, wait, take a breath and listen read.
His staunch disbelief reminds me of the conservative Christian folk who dispel polygny as sin. Have you read your Bible? God even claimed to support it, and took credit for giving David his wives, and was willing to provide more. Nowhere in other Scriptures is it prohibited. They'll sit there, look you square in the eye and say that you're wrong and it's a sin. Regardless of how much proof is plastered on their face. Wow, way off topic... |
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I am grateful for the 50% panic sale of bitcoin. I replenished the coins I spent on my Neptune.
there are only 400 left.
Edit: Some say they are sold out.
Used my reseller link seems to show stock. Anyone else notice this?
what you mean
only 400 nepture miner??
He is saying it looks like this batch of Neptunes is almost sold out. https://www.kncminer.com/shoppingcart.aspxIf you add 400 units to your shopping cart, it says there are only 389 available for purchase. |
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Some of the spacers between the aluminum bar and the board prevent the heatsink from making good contact with the chip. If you twist the heat sink from the top and it moves easily, then it is too loose. I had to remove the spacers on a couple of boards that were hot. Just make sure you don't over-tighten the screws once the spacers are removed. |
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Question.
Got a couple up no problem (after putting fan shrouds and one fan blade back on), but one machine cannot be found on the network AND has the green and the red light solidly on. I have tried the hard reboot. Nothing. It looks like it is networking (switch and at machine both show activity) but I get nothing when I try to find it. And it always boots up with both green and red on solid
The red light should turn off after a few seconds. If not, try a reset to factory. |
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Do November Jupiters have a user configurable turbo mode, and if so what sped does it reach ?
No, I received this response when asking about the tuning suite and turbo mode for November units: Hi, Apologies for the delay in reply. There will be an update to the November firmware to include the tuning suite. Regarding the turbo mode, it is enabled as default with the November miners. The option to enable to disable it was removed. Best regards | Med vänlig hälsning Keith Gurnett Kncminer www.kncminer.comOffice: +46 8559 253 20 |
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Got a November Jupiter yesterday with absolutely no thermal compound on any of the chips. Just shiny metal on shiny metal. Be sure to check before powering up.
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Good point Bogart - now i remember the same 5% promise being discussed but now i cannot find any reference to it. If this is the case then these KnC guys are really something - i know if it were me i would be ordering 28nm chips by the ton! Brownie points to anyone who can find the quote  2nd FAQ under sales. |
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Rolling...was that really necessary?
I think it puts your comments in perspective. |
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