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781  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 28, 2013, 10:28:19 PM
One thing I have noticed is that there is no longer the option for local pickup

There never was an option for local pickup for the Neptune.
782  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 28, 2013, 08:45:05 PM
jesus you bought 3?!? holy cow. lol

you can go here and check the order list as well, maybe add your own like last time....

https://bitcointalk.org/index.php?topic=348957.0
Well, yeah....only 3 darnit....  by the time I get enough BTC for more, the price will be @ the 12500 price.....but maybe BTC will be 2000....Oyeah

is 12500 the confirmed price? i kinda thought thats what they would be asking but wasnt sure...

yes im debating if i should sell my mercury now or just mine for the next 6 months until neptune is delivered
Per O'rama in an earlier post...   "Orders will open to gen public in two weeks at $2.5k more. The reward is for previous customers. We would wish to believe they behave with integrity, but will not be held responsible otherwise."

Doing some calcs here....

Originally ordered 3 sats....   850 gh/s max...
has now secured me...
Batch 1.5......   (650gh/s x 2)+
Neptunes...  (3Th/s min x 3)= 10.2+Th/s minimum....  what % increase?...



Hang on you ordered 3 Sats but you sold 2 Jupiter's ??
yes, indeed. I was actually comp'd a few October boards and a tee for obvious reasons...
But that's a secret...  shhhhhhhh btw, I think I've worn this tee since it arrived. It needs washed!

I will be wearing mine at the London Bitcoin Expo to promote KNC, hoping they throw a free Neptune for the effort  Grin
783  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 28, 2013, 06:14:03 PM
lets see
where the diff
will go with all novemeber orders Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes

A bit over 1 billion when it settles.

Order #104xx In progress
784  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 28, 2013, 03:21:51 PM
Woohoo, my wire transfer order for 2 Neptune shows "paid"! The Bitpay one showed as "paid" immediately.

When did you pay and where from?
785  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 28, 2013, 02:36:43 PM
@CYPER
No, the PSU will not have a Mean Time Before Failures of +100000 hours anymore,
but will have a MTBF of less than 1000 hours.
A hard lesson learn from block erupters.
I will stay below 80% of max rating of PSU.

Why would you assume that?
Good quality PSU are designed with components in excess of the advertised wattage.
If you ask Cooler Master or Corsair they will confirm that.

Back in 2011 I have mined with HX850 for 4 months with 850W at the wall and then sold it to a fellow miner, who has been mining with it for a long time.

786  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 28, 2013, 02:31:03 PM
Our little 3Th/s rigs will be little plastic Hess trucks compared to the big ones in the real world.

Do you have any idea how much the difficulty needs to be in order for your words to turn true?

Here are some simple numbers for you:

For a 3TH/s machine to make 0.1BTC daily we need a difficulty of 15 billion.
A difficulty of 15 billion = 107374 TH/s
107374 TH/s = 35791 Neptunes

Another basic calculation:

If you take all the predicted/estimated ASIC pre-orders in this topic: 22117 TH/s
And multiply that by 5 just to be on the safe side = 110585 TH/s gets you a difficulty of 15.5 billion

Is that simple enough?

i like

cant stand those bitching 24hours

Exactly. These people lack basic math skills.
I want to hear a good reason why a difficulty over 10 billion is to be expected in May/June, when all the ASIC hardware ever announced don't even amount to 5 billion.

One possible reason to get more then 5 billion difficulty in may: hidden asic producers. In other words D&T estimate could not be considered exhaustive.
Sure 10 billions is unlikely and 15 even more.

Neptunes can live through 1-2 extra billion and still be profitable at the current exchange rate Wink
787  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 28, 2013, 02:25:54 PM
I am using 2 Coolermaster V850 to power up 1 Jupiter november batch.
All together is pulling 860-865 watt at the wall.
Waiting for the rest of the jupiters.
DON'T BUY LOWER THAN 1000 WATT PSU

With 855W at the wall a single V850 would be perfectly capable of running a November Jupiter.

I will be powering 3 October and 2 November Jupiter with 2x V850 and 2x EVGA 1300W.
788  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 28, 2013, 02:24:25 PM
Our little 3Th/s rigs will be little plastic Hess trucks compared to the big ones in the real world.

Do you have any idea how much the difficulty needs to be in order for your words to turn true?

Here are some simple numbers for you:

For a 3TH/s machine to make 0.1BTC daily we need a difficulty of 15 billion.
A difficulty of 15 billion = 107374 TH/s
107374 TH/s = 35791 Neptunes

Another basic calculation:

If you take all the predicted/estimated ASIC pre-orders in this topic: 22117 TH/s
And multiply that by 5 just to be on the safe side = 110585 TH/s gets you a difficulty of 15.5 billion

Is that simple enough?

i like

cant stand those bitching 24hours

Exactly. These people lack basic math skills.
I want to hear a good reason why a difficulty over 10 billion is to be expected in May/June, when all the ASIC hardware ever announced don't even amount to 5 billion.
789  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 28, 2013, 02:21:41 PM
Our little 3Th/s rigs will be little plastic Hess trucks compared to the big ones in the real world.

Do you have any idea how much the difficulty needs to be in order for your words to turn true?

Here are some simple numbers for you:

For a 3TH/s machine to make 0.1BTC daily we need a difficulty of 15 billion.
A difficulty of 15 billion = 107374 TH/s
107374 TH/s = 35791 Neptunes

Another basic calculation:

If you take all the predicted/estimated ASIC pre-orders in this topic: 22117 TH/s
And multiply that by 5 just to be on the safe side = 110585 TH/s gets you a difficulty of 15.5 billion

Is that simple enough?

Oooh Cyper has developed a sting in his tail...

You still coming to the Expo?

Indeed. Cannot talk for as loooong as we did last time, as i'm there to speak to quite a few, but will def be good to say hello.

I am gonna be your personal stalker then  Grin
Btw will you presenting anything officially or are you there just as a visitor?
790  Bitcoin / Hardware / Re: KnCMiner Jupiter Miner First Impressions on: November 28, 2013, 02:10:58 PM
how are you guys powering off your unit? i just got mine today. when i first got it going i was hashing at 667 and my pool also showed 667. i did a power shut down by turning off the psu and changed it to some other psu. then powered it back on and now i'm at 567 and pool is at 399. anyone having the same problem?

SSH > Halt
Wait for the blinding flash = remove socket from the wall
791  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 28, 2013, 02:09:52 PM
Our little 3Th/s rigs will be little plastic Hess trucks compared to the big ones in the real world.

Do you have any idea how much the difficulty needs to be in order for your words to turn true?

Here are some simple numbers for you:

For a 3TH/s machine to make 0.1BTC daily we need a difficulty of 15 billion.
A difficulty of 15 billion = 107374 TH/s
107374 TH/s = 35791 Neptunes

Another basic calculation:

If you take all the predicted/estimated ASIC pre-orders in this topic: 22117 TH/s
And multiply that by 5 just to be on the safe side = 110585 TH/s gets you a difficulty of 15.5 billion

Is that simple enough?

Oooh Cyper has developed a sting in his tail...

You still coming to the Expo?
792  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 28, 2013, 02:03:21 PM
Our little 3Th/s rigs will be little plastic Hess trucks compared to the big ones in the real world.

Do you have any idea how much the difficulty needs to be in order for your words to turn true?

Here are some simple numbers for you:

For a 3TH/s machine to make 0.1BTC daily we need a difficulty of 15 billion.
A difficulty of 15 billion = 107374 TH/s
107374 TH/s = 35791 Neptunes

Another basic calculation:

If you take all the predicted/estimated ASIC pre-orders in this topic: 22117 TH/s
And multiply that by 5 just to be on the safe side = 110585 TH/s gets you a difficulty of 15.5 billion

Is that simple enough?
793  Other / Archival / Re: Pictures of your mining rigs! on: November 27, 2013, 11:37:05 PM

(These are not my units)

15 Jupiters
8.3 Th/s


Did you remove the fan grills on purpose?
794  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 27, 2013, 11:03:53 PM
Just received my Jupiter (of course coolers fell during transport but no other problem) and i want to ask 'Orama if are we supposed to remove the new metal thing that's right on top of the controller or it's there for improved airflow. I guess not, but i want to be sure.

Hashing at ~672GH (started a few minutes ago)! Thank you KnC!

Please post some pictures Smiley
795  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 27, 2013, 06:50:38 PM
i want too sell my old jupiter, what is the most important thing when the customer pay´s with bitcoins?

Which wallet, how many confirmations, sorry but I m a little bit naive and clumsy, i don´t want to make an misstake.

He will pay 18 BTC

Sorry, almost sounds like you are saying you don't have a wallet?

Just use your wallet, wait till its confirmed before sending.

He may want to use an escrow service (he sends btc to a third party who holds it until delivery is completed)

Either way you need a bitcoin wallet to received the buyers BTC

I have an Blockchain wallet since 8 Weeks, how many confirmations are neccesary to give him the jupiter, he will come to my house in the next view hours, if i will do this.

1 is enough.
6 to be perfectly safe
796  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 27, 2013, 03:42:27 AM
bam, used wesly's reseller link for neptune #2....hope it works out for us that used the link as it will for him....wooo hooo

Will most probably use it too for 2x Neptunes tomorrow if still available  Roll Eyes
Is it 300GH/s or 1/10th of a Neptune?
797  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 27, 2013, 01:18:04 AM

Also sorry buddy but if the coin price crashes next year is not a justifiable excuse for a company to stomach that cost. That's your risk to take buddy. So the decision is yours...

So basically "All refunds will be refunded in dollars and you can refund up to shipment" is a misleading statement and not entirely true.

That does sound misleading, but on the other hand, how would you do it better?

I am not saying they should offer refunds if BTC was to crash - I realize that can potentially happen and I accept it.
But I would not write such bold statements if they are not true.
Or at least include a disclaimer so people are fully aware under what circumstances refunds are to be given.
798  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 27, 2013, 01:04:18 AM

Also sorry buddy but if the coin price crashes next year is not a justifiable excuse for a company to stomach that cost. That's your risk to take buddy. So the decision is yours...

So basically "All refunds will be refunded in dollars and you can refund up to shipment" is a misleading statement and not entirely true.
799  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: November 27, 2013, 12:52:38 AM
Refund at dollars
That's is knc said at site under the miner
They'll take your 12BTC today and when you ask for a refund in April, they'll sell one BTC when it's $10,000/BTC to refund you and make $110,000 profit  Grin

Ordering today basically means you are selling them your bitcoin for $850-$900.

How are you not aware that KNC do not take any BTC from Bitpay?
800  Other / Off-topic / A Jupiter sale contract between CYPER and Phoenix1969 on: November 26, 2013, 11:50:57 PM
Eric Hansen (Phoenix1969) has agreed to transfer ownership of a Jupiter in exchange for 12BTC.

This agreement is based on the following provisions:
Hashing speed of the miner is at least 550GH/s.
Shipping and insurance is covered by the seller.
Miner to be shipped immediatelly after BTC payment has cleared.
Payment must be made to 1HPgsQTVCHuZSRi2Ed29CZZK7VutgkTPvz

This topic is created to serve as a public record.

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