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241  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: September 25, 2014, 06:39:00 PM
we simply cannot afford to refund you.


Isn't that the truth
242  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: September 25, 2014, 06:30:07 PM
why can`t you all just rest assured?

ow yeah i remember paying them 9500 dollar and recieving nothing...

You received assurances.

3 Business days left.
243  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 25, 2014, 06:28:56 PM
I remember when folks first got their gear last year and complained of low hashrate and dropouts, they also had low temps. These things almost seem overcooled. Whenever my KNC gear gets above 50, that's when it becomes stable and fast.

Perhaps, as mentioned a few posts back, the temps just need to get up. Of course, it would be nice if it "didn't" have to do that.
244  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: [ANN] Crypto Rush - Crypto to Crypto exchange on: September 25, 2014, 05:28:43 PM
How hard is it, in this day and age, to record a video of something?
245  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 25, 2014, 02:53:07 PM
First generation of anything (cars, technology, etc) always has bugs. Hopefully they can resolve some issues with firmware, and through batch 2. Batch 2 orders are still open apparently.

Still, sucks that the folks who paid for the gear had to wait to the very end of the deadline, it's a shame. But, it's a hobby afterall.

I think orama had honest and good intentions. He took the boot and he did sign a NDA on everything, which should be enough to tell you the truth. He was suckered in and saw the truth.
246  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: September 25, 2014, 02:06:50 PM
Their payment department has been swamped? People are remitting payment? Haha.

Maybe what that means is, they've been swamped with paying debts off and keeping the cleaning crew at bay.
247  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 24, 2014, 03:02:04 PM
It might not be running in a screen session, I know the Chinese Dragon miners don't, it could just be a nohup session or even as a background process at boot time in rc.local

This is true, but this will give her knowledge of ways to look for it.

As for instability, it can also be on the pool's end. If the pool is unable to take hundreds of MH at once, it'll backfire the miner.
248  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 24, 2014, 02:22:16 PM
Elen, have you tried seeing if any screen sessions exist at all?

screen -ls
-should list all screens for the current user, or you could try:

ls -laR /var/run/screen/
-to show all screens on the system.

And if you find a screen you could use:
screen -x screenname
249  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: September 24, 2014, 12:47:23 PM
All the FTC would do is bar them from importing their gear into the US. So if they ever did ship, you'd absolutely not even obtain a device to resell on ebay.

Definitely pursue legal options through UK channels though, as others have done here, if you feel you need to.

Update: Titans are on the ground, Elen has the first one, other customers report inbound as well: https://bitcointalk.org/index.php?topic=170332.msg8953095#msg8953095

4 business days left for AT to "deliver". They've now missed their goal of "delivering before the competition".
250  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 24, 2014, 12:42:26 PM
I was very jealous when the bonus Neptune was announced after I chose the FrankenJup option. But I feel vindicated for choosing the Super/FrankenJup now.

I've been hashing those FrankenJups (plus extra "free" boards plus bought controllers, 4.5-5THs) for what seems forever in BTC time. Sure, I'll have to shut them all down very soon but I think it worked out better in the end.

Hash now is always better than hash later, when difficulty/nethash is always growing. This is a fact.
251  Economy / Computer hardware / Re: [WTS] 2 x 6 Module KNC Jupiter Oct on: September 23, 2014, 10:02:53 PM
Well the other one is on ebay now. One already sold.

http://www.ebay.com/itm/221555580678
252  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 23, 2014, 06:14:55 PM
what farce this is. Imagine you get such a troubleshooting guide with your new car...

Have you ever read a car's troubleshooting guide? It's pretty exhaustive.
253  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: September 23, 2014, 05:03:50 PM
Titan on the move: https://bitcointalk.org/index.php?topic=170332.msg8940799#msg8940799

Elen was one of the first to get Neptunes, and I think Jupiters as well, a few days ahead of everyone else.

AlphaTec movement:
254  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: September 23, 2014, 12:55:43 PM
I think if they contacted me with a 50% offer, I'd counter them with "Well since you can't go 100, how about 99?". I'm a little cheeky that way.
255  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: September 23, 2014, 12:28:04 PM
Why does no one else give them this much credit, after all, do you really think this was all vaporware from the get go?

This was speculated months ago, but discredited largely because there were no noticable ramps of power coming on anywhere. Unless their gear sucked so hard that it didn't really add to much nethash anywhere. There's also the tangible asset issue, if they did face the courts coming to their door they wouldn't want the miners tied to them. It's just not likely they would've done that.

It's much more likely, IF they were a scam, that they'd simply sift the money and take it and leave, as they are accountants.
256  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 22, 2014, 06:19:22 PM
Nice to figure still knc fans out there, you did a good job.

People are still flocking to BFL and giving them money. That alone gives me faith that pigs do in fact fly. Anything is possible.
257  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][POT] PotCoin Launches Today 01/21 @ 4:20 on: September 22, 2014, 06:16:07 PM
someone has an idea why the price is falling down?

This has been covered many times over the past few months, since April 20th particularly. Essentially, like many altcoins, there's no market use for the coin. Yes, you can use potcoin to buy some merchant stuff with it.. but it was designed as the currency for pot. It is not the currency for pot.

The long and short of it is that it has no commercial/marketable use, and the major updates over the past few months are all just announcements of hype with no tangible value. Maybe one day this will change.

Also, the price right now is about a quarter of what it would've been if folks hadn't demanded halving schedules be shifted up--so they shot themselves in the foot there also.

See the below quotes, these were relating to community members freaking out about price drops and calling for coin blocks to halve quickly, because they thought they had a clue about economics and basic math (which they didn't). Bold = relevant text.

I'm not really sure why people are upset about a halving...increasing scarcity is important for the value of a coin. If it never becomes harder to obtain, it'll never really gain significant value. I'm assuming there's a healthy split here between people who are speculating and want the value to go up, and people who want the coin to achieve widespread use in the medicinal marijuana community. Both should want the value to increase. Overabundance of supply and lack of demand will cause the value to slide downward.

When less new coin is mined and dumped on the markets, there will be less available to trade and the value of what IS being traded will rise, IF demand increases beyond the new supply. That demand is largely up to users to create. I see a lot of folks in this thread talking about how the developer needs to do this or that. No...it's up to you to request it and promote it. Ask your dispensaries if they'd consider taking it as payment. Educate them about it. Don't leave it all up to the devs...they have enough on their plate.

Right, except of focusing on increasing use, we're saying let's limit supply.  Without use, there is no demand.  Reducing supply when there is no demand is pointless.

Again... backwards thinking.

-Fuse


Tell me why its a bad idea.  


They are halving the coin because it needs to be done. All 420 million coins mined in a year of existence is too fast.

With respect, can you scientifically and mathematically prove 'why it needs to be done'. Use references from the past 2 year's worth of currency data, and especially cross-reference coins which have changed rewards, including the ones which survived and the ones which didn't, and show correlation as to their end result.

Because it doesn't "need" to be done. Whether you're at maturity now, next week, or 5 years from now, there's one constant: no use for the coin.
258  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: September 22, 2014, 05:44:51 PM
14nm need 24million usd to initial batch, how can they sustain with this huge RD expense, and their also admin their hardware deduct value quickly, so again they shoot on their foot twice again,

Where are you getting 24m/usd? They are their own R&D team. They've maintained a 90% profit margin on their equipment from day 1 in 2013. I think they can manage to keep their business model intact and still scrape money from people.

how do they convence bank to invest them?

Banks don't have a problem with them, I would wager. They've been able to purchase a lot of land and equipment and lease the same. Banks clearly have no issue with them. If anything, banks are encouraging their behaviour.

How could they convence people to order their miner again?

By saying "we have a preorder opening up", and people flock to it. Also, you're forgetting that a significant growing number of purchases are coming from businesses and entities, not individuals.

They can save themselves, easy way to do is just ship their miner from their datahall to customers,

My recomendstion for them, just hire some experienced smart second hand car dealer to help them empty their aged datahall and storage, then they could squritch more cash, and also made some smart strategy to avoid them shoot on own foot and their customer again.

I have this weird feeling that they're doing ok by themselves, and are more interested in making sure they get more money, than the consumer.
259  Economy / Computer hardware / Re: [WTS] 2 x 6 Module KNC Jupiter Oct on: September 22, 2014, 05:33:35 PM
nobody wants these?

You had 2-3 offers and didn't respond.

Fast forward, looks like the item sold on ebay for around the btc values in the offers (when factoring shipping).
260  Alternate cryptocurrencies / Mining (Altcoins) / Re: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now! on: September 22, 2014, 05:21:57 PM
Loving the memes over the past couple of pages.. you can never go wrong with a wonka meme.

Not only did they promise to ship within Q3, they guaranteed delivery before their competitors (namely KNC). They then changed their website 'phrase' to say they're AIMING to ship within Q3 (look back a couple pages at my post).

KNC's drop-dead goal date for shipment, IIRC, was 23 September. The next day or 3 will really be interesting. And no news from the 'transparent AlphaTec' team in weeks.
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