I think you should start to acknowledge the notion that you will never see your 50BTC back.
lol, I'm closer to 60 BTC now as I couldn't turn down the ridiculous low prices we saw last week. I've been investing in high risk stocks [mostly internet and tech stocks] for over 20 years now and one thing that happens when you lose your entire investment, again and again, some 5 or 6 times, is that you either quit and never rise up to that challenge ever again, which is what happens to most investors within the very first year, or you learn to detach yourself from your money and do everything in your power to gain knowledge, insight and understanding in order to get better at that particular lot in life. So when I objectively chose ixCoin to be the next great crypto, I naturally invested quite a bit of money and in my mind, on that very day, I already lost that money. Because that's how risky of an investment these cryptos are., especially the less popular and abandoned ones like ixCoin. Therefore, I have already come to terms with the notion that I have lost nearly 60 Bitcoins of hard earned money. And let me tell you, it does still hurt a little bit, although never as badly as the first time when I was just a young college kid and I had lost most of my life savings in one swift blow and I remember sobbing, like a little kid, and calling myself stupid for thinking I could be an investor, and then I immediately realized this was a normal thing in the real world of life, and at that point I chose to go on and keep investing regardless of how much or how many times I failed, just as long as I improved - and let me tell you, it took a long time and a lot of years of painful experience and University degrees, and a lot of praying for insight and understanding from God, but I did manage to get better and better. Investing in high risk tech stocks and options has been, by far, the most difficult and the steepest learning curve, of anything I have ever tried to ever learn. And now we'll see if any good comes out of all those years of heavy losses and painful learning how to invest in highly speculative investment vehicles. I have a very strong feeling, within 6-12 months, I will know, one way or another.
But for now, I sure would like an encrypted wallet - so you know, some hacker doesn't steal a lifetime of hard work and perseverance.
Instead of waiting for a wallet update, just do it yourself - encrypted rar archive or truecrypt file. |
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I think you should start to acknowledge the notion that you will never see your 50BTC back.
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I asked Liam over the phone and he told me max temp for the ASIC chips is 105C, so you are far from the point where they are overheating  Did they offer any guidance on where to measure the ASIC temperature? Case to Junction C/W data? Mention if the 105C was case, junction, or test point temperature? Basically, did they provide any other useful information, or is that literally all he said? Did they provide any guidance on VRM (DC/DC) temperature testing data - I suspect they really don't have a lot more to go on than we do, due to a lack of formal testing procedure, and these are intended as relatively short-term operating devices. AFAIK, there is no ASIC thermal sensor available on-board or on-die, unless I missed something, I'd love to know for sure. He just said what I wrote. Nothing else in regards to temperatures. |
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I asked Liam over the phone and he told me max temp for the ASIC chips is 105C, so you are far from the point where they are overheating |
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Has anyone been able to get ahold of KNC today via the phone?
Called about an hour ago - nobody picked up and then it went to voicemail in swedish. |
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Just curious is anyone ended up getting burned by this guy since his site is down now and this was obviously a fake product.
Site is up, just the SSL certificate has expired. http://www.xcrowd.co.uk/mining/home.html |
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Anybody wanna sell 2 or 3 BTC at $180 a piece? I'll pay using PayPal. Thanks.
Why would anyone want to sell $24 below market rate  |
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I went ahead and let everything run on 0.97
it has been over 5 hrs
the slowest one (255), has slowly worked it's way up to 260.
the middle one(265) has stayed unchanged.
the fast one(275), is now 280.
O'rama... will do, sry.
So average is 268. Still unhappy? It's better than what I currently have  |
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I think everybody has to start somewhere. There are always issues what you can't see in the future.
They made a good product, they hadn't stole our money, they had shipped close to time.
Show me an asic company how made the same.....
Of course they learned a lot and won't make the same issues at gen 2.
That my 2 c.
I assume you have received your miner? |
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https://www.kncminer.com/news/news-57All,
Ok so after a weekend of producing boards and over 600 boxes shipped in the last few days I have imported the last of the October orders into the production Queue, If the factory have a good day tomorrow they should be able to completely finish the Order queue for all orders that had an October shipment.
We know it’s been a long road with quite a lot of bumps in it but the end is near.
Thanks again for your understanding during this time. We have indeed learnt a lot form this experience and we will be using all of those lessons in our future products
Thanks
KnCMiner team
We have indeed learnt a lot form this experience and we will be using all of those lessons in our future products. This sounds like: Thank you for being our guinea pigs.
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0.97 is out, enjoy!
I wish I could  |
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Do you think I will receive my miners by page 1000? The people with the last October batch orders are screwed twice – once by having our miners delayed by a considerable amount of time and twice by shipping all November units on time, thus again significantly reducing the time we have until they start hashing. And I find it highly unprofessional that KNC discriminates customers in regards to compensation. "All current paid orders will be shipped no later than October 15th." - I call that false advertising. |
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The share of the pie is always proportional to your speed if you mine long enough.
You just answered your question ... 'your speed compared to the network speed', so a stable pool adds to the income by reducing the downtime So you like that Deepbit is a small pool, thus it is less DDOSed, so less downtime? What about higher variance, large periods to find a block, thus unpredictable payouts? When DeepBit were big, people hated on them for that. Now they're small, people hate on them for that too. Do you have a constructive criticism to offer? There is no hate, just wonder how people tolerate the large variance and the waiting between payouts. It was my preferred pool back in 2011 when it was the biggest one. |
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The share of the pie is always proportional to your speed if you mine long enough.
You just answered your question ... 'your speed compared to the network speed', so a stable pool adds to the income by reducing the downtime So you like that Deepbit is a small pool, thus it is less DDOSed, so less downtime? What about higher variance, large periods to find a block, thus unpredictable payouts? Did i say small? I said stable and it was such even when it was one of the first and biggest pools How often do you find a block there? |
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The share of the pie is always proportional to your speed if you mine long enough.
You just answered your question ... 'your speed compared to the network speed', so a stable pool adds to the income by reducing the downtime So you like that Deepbit is a small pool, thus it is less DDOSed, so less downtime? What about higher variance, large periods to find a block, thus unpredictable payouts? |
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CYPER 65xx 30 August 2 0 0 UK None
In Progress
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And why not ? Less miners, more share of the pie just takes a little longer. The share of the pie is always proportional to your speed if you mine long enough. |
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Why do people still mine at Deepbit |
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