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1101  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 12, 2014, 01:54:24 AM
Mining is over

I remember hearing that in 2011 and a lot more often  Roll Eyes

Mining is over to regular consumer/residential people. Well, they can certainly keep mining but unless they have free electricity they will be in the red and just wasting resources/money. After this wave of 600+ Gh/sec rigs come out that's end game for normal households. If you want to continue to mine you'll need to re-wire your electrical panel at your home and spend significant money on doing that, rent a warehouse space where electric is included, something like that to keep making anykind of profit.

I just wish more of my friends were involved so we could all group buy some rigs, but they are cheap as hell and greedy bastards and couldn't see buying 2 Netptune's for $20,000 + shipping charges. I could get a real nice car with that down payment. One guy even has a grow house and gets about $30k for each harvest. Now, that's nuts. He has the resources to setup some really nice miners, but rather grow earths weed. To each his own I guess.

1102  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 12, 2014, 01:40:28 AM
Just submitted for my 2nd batch Neptune refund.  So that's one extra spot for an (un)lucky person.
Don't expect a "speedy" refund, some of us have been waiting WEEKS for their refunds to be processed, and I'm sure most of them are in front of you...


***    P.S.   Has ANYONE had their Neptune refund processed yet?   ***

It's all good dude. Just chill. I'm sure KNC has got ya covered! You'll be fine. They are a great bunch of people. Smiley

1103  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 12, 2014, 01:35:58 AM
Well KNC staff posted in the KNC Forums that Neptunes 2nd batch they still have for sale are "going fast" ...so I'd safely assume NO CHANCE of any Jupiters being released into the wild before that batch of Neptunes are sold out.....imho

I doubt they would say, "sales aren't doing too good". Usually when a company has to verbally announce sales are going good and fast sometimes is a reverse psychological move. KNC has choose to abandon their own forum for support or just to be part of the community and then all of a sudden they have the time to post their sales are going fast? To me, that means sales aren't what they expected and posting something like that is a "reminder" to us all that they still are for sale.
1104  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 12, 2014, 01:30:58 AM
I'm beginning to think the Jupiter's aren't going to launch.  Every time I talk to KNC they make it sound like they still have no plans and they make it sound like the Neptune is coming first.

I think the amount of people wanting to cancel their Neptune's for more Jupiter's is quite high and they might be questioning themselves now.

People aren't stupid.  The difficulty is going to run away from everyone.  KNC is going to obliterate the diff once again like they did last year and people want to mine now rather than wait.

Well KNC staff posted in the KNC Forums that Neptunes 2nd batch they still have for sale are "going fast" ...so I'd safely assume NO CHANCE of any Jupiters being released into the wild before that batch of Neptunes are sold out.....imho

but yeah...if they are ahead of the timeline they set for themselves for selling Neptunes.....(whatever that is) it is unlikely we will see any more Jupiters at any price

*I'm unsure on how I feel on this me and 2 brothers have 2 Neptunes on order 1 batch one 1 batch 2....on the other hand have USD for Jupiters if priced right...hmmmm...I'm on the fence?"

add to that my current 555gh Jupiter to the best of my knowledge is mining .18 btc /day and difficulty is projected more or less 30 percent again ...so you run that out ways...say I get my Jupiter NEW batch er.....by 2nd week of Feb say....what I'd be looking at maybe .10 btc/day....then Neptunes come out by april 1st say?

anyway seems awful tight imho

so I too still think it is a no go (I do however have a corsair 1200i just in case and 30 days to send it back..i'm sooooooo conflicted"

confused ..this bitcoin stuff makes my head hurt......

Searing


Do I have to say it again? Jupiter's were never going to be for sale. KNC pumped led us all on into thinking to "get some coins handy", was for an upcoming Jupiter sale then a huge coincidence, without notice or anything a Neptune sale pops up. I don't know why anyone doesn't believe this or think a company would actually do that to incur sales. This is what companies do. A little lie here, a little lie here, all to make more sales and more money in the pocket. KNC was fully aware of other companies taking pre-orders and possibly may come out before their Neptunes so they had to think of something right away to make us not pre-order anything else and give them time to prepare to list the Neptunes again. And yes, this is may hard opinion on this.
1105  Bitcoin / Pools / Re: [3200 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: January 12, 2014, 01:16:00 AM
Or the operator can take %1 of all our hashing power and put it into his own account? He would make a lot more money. Right now with all the users that are here, I can guess that a pool operator with these fees probably brings in $80-$100k/year. If he took 1GH/sec from all his miners, he'd make a whole lot more money and we'd pay less fees, right?

1106  Bitcoin / Pools / Re: [3200 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: January 11, 2014, 12:31:26 AM
Eleuthria, might you considering lowering your pool fees temporarily to incentivise more people to get off ghash.io and onto your pool ?

Or give loyal customer's that have been mining constantly a late Christmas present?
1107  Bitcoin / Pools / Re: [3100 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: January 11, 2014, 12:23:42 AM
Anyone else notice their 24 hour earnings drop almost in half the past 2 days or so?

Luck is way down now. Big time.

(24H / 3D / 1W / 2W / 1M): 80.018% / 78.781% / 99.144% / 100.899% / 102.817%
1108  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 10, 2014, 04:05:38 AM
I just hope we get any announcement either way I have coin waiting for jupiter orders and if they announce no jups some coin will go on one or two more neptunes and some spread across other companies. I just want to hear anything from them.

This is exactly what they wanted you to do with those "handy coins".

1109  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 08, 2014, 09:39:03 PM
Beware of BitPlastic
Yet more trouble with Bitplastic for me...  BTC being literally stolen by the site owners after they admittedly saw it "Stuck" in the system... they did a "server upgrade" a few days ago, now they act as if the conversation we had never took place, and my BTC is gone. The amounts that DID eventually make it to the card (after depositing the btc about 2 weeks prior) was skimmed yet even more... well beyond and after they took their their "Fee" .6 is .53 after their fee. of which they loaded the card with $371.(fine) I was expecting more like what they advertised... 5%, not 5% plus whatever they can siphon from you...  
ended up more like 50%
Totally a rip job.
out of the one whole btc I sent... $371.00!

Hi, I'm the owner of https://BitPlastic.com
I would assume that this case has been resolved?  Obviously no funds were stolen from you, so I'm assuming it was a mixup which has since been resolved by customer support, but if not feel free to email me at moriarty.bitcoin@gmail.com

What the heck is the difference of selling your bitcoin on an exchange or something and depositing that money into your bank account and using your debt card? I don't get it?

The owner of Bitplastic.com and using a Gmail email account? This is a true start up here.

1110  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 08, 2014, 09:36:20 PM
KNC is scratching their head wondering why they haven't sold out of Neptune's by now. DERRRRRRRR. And if the very remote chance they would sell Jupiters again you would see JUPITER on your account instead of Neptune most likely.

By the way, we don't need 10000 resellers. Everyone is friggin reseller now.
1111  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 08, 2014, 09:21:32 PM
when does Neptune refund option end? 
it is when they start production, no? 
When is that likely to happen? This week, next week, week after?

What I am getting at is when the option for refunds stop/end, that's when we might see Jupiters for sale again.

I think that KNC are not going to sell Jupiters because of some existing customers started asking for Neptune refunds in order to buy Jupiters.

I also think that if there was no option to refund Neptunes then they would have gone ahead and sold more Jupiters.

Didn't a few guys here say they were going to refund their Neptunes to buy more or some Jupiters?  This is what I remember just after KNC announced that they were going to sell Jupiters again and for us to keep some bitcoins handy. 

If I was in this business I would stop selling Jupiters also because of the fear of Neptune refunds.  They would make more profit if they just did offer them to us and sell them off privately.

This is just my opinion.

Because no one really wants to wait 6 months for a product and be out all that money.
1112  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 08, 2014, 09:17:16 PM
The power requirement of the Neptune isn't an easy sell.  If I were a competitor and realizing if I ship real quantity and power it will trigger a Jupiter sale response by KnC, I might consider doing a BFL with some backdoor deals and machines to family and friends but leave the majority of my customers in the lurch.  KnC might see the lack of major hash addition all at once as allowing a better chance to sell Neptunes - they wouldn't be their own competition if that makes any sense.

It would be a strange turn of events if the competition is lining the pockets of employees, family and friends with their product hashing at a  lower total net hashrate while giving their customers excuses and the only thing that would get them off the pot is if KnC started reproduction and sale of Jupiters. (The kind of logic a Bush spin-doctor would love.)

I can guarantee after the first Neptune's ship out this spring (yes spring) there will be some people selling theirs because they just didn't know what they were getting themselves into. Wondering why they keep tripping electrical breakers at home and why the electric bill is so high. Hell, even my tiny little October Jupiter heats an entire room when it is 30 degrees out. The Neptune's really are a commercial product, not a consumer/residential. KNC pretty much will abandon its consumer base and only deal with commercial going forward since they will be the only ones that can afford and run their rigs.

1113  Bitcoin / Pools / Re: [3100 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: January 08, 2014, 01:15:23 AM
I bitch and complain like a woman and can sound like an arrogant ass, but I've always stuck with this pool from the very beginning. Even got a couple of my friends to join in and they HATE paying fees. It still baffles me how Ghash can have so much hashing power. They must be doing something right, right? If they were screwing people around wouldn't their hash rate just drop out? From what I know I think whatever BTC you make there you have to use their sister site CEX.IO to cash out your bitcoin. Gets a little confusing. At least here, everything is off one system.

Now, a technical question for the pool operator. Is this pool on a VPS or dedicated box? Maybe uses Google services for email possibly? I'm just curious, that's all.



1114  Economy / Speculation / Re: Will it hit $1000 again? on: January 08, 2014, 01:01:05 AM
But I want it NOW!

So I can sell some of my damn coins. Gotta buy some gold.

1115  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 08, 2014, 12:53:23 AM
Sounds like for the "first time", they're floundering on their word. A month ago they confirmed they would in fact be selling Jupiters by now (actually, by now they should've been shipped). Now they're quiet.

Either they're releasing the Neptune much earlier than anticipated, like next month, or they're simply going to ignore their word.

Wasn't worth their time or energy to sell anymore Jupiters. That sentence still aches in my head, "have some coin handy". As I said before, the ONLY reason they even mentioned they would sell Jupiters and tell everyone to get some coin handy was to make people get some coin ready thinking they would able to buy Jupiters...then all of a sudden there was a Neptune sale again. What a coincidence! Yea, this is my opinion....but really it is the only logical reason why they would even mention it or tell us to get coins ready.

1116  Economy / Speculation / Re: Will it hit $1000 again? on: January 08, 2014, 12:32:47 AM
Well, we almost made $1000 again, or if it did it was short lived. All the way back to to the $700's now. What a pain in the ass. Lets see if the census was correct here. Most people said it would definitely go over $1000 after the new year. Here we are.

1117  Bitcoin / Pools / Re: [2900 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: January 06, 2014, 08:11:52 PM
I'm glad other people can spot when the pool isn't doing it's job. If no one caught onto this, would this just be buried by time? I guess I'm glad I don't understand the hard technical stuff, cause I'd be looking for holes all the time and would probably be spotting them all the time. I guess it's like taking money from a blind person. Who monitors the monitor? Smiley

Not doing it's job, but not working %100 I guess.


It's extremely rare since all of the bitcoind's on the various pool servers are connected to the payment server, so the odds of the payment server seeing a competing block before a Guild block are *very* low (less than 1 in 10 orphans).  When they are missed, it's generally corrected a few hours later manually without anybody noticing, but it does take a few hours because correcting it is a manual process, including the detection that it happened in the first place.  Bitcoind does not report orphaned blocks via any RPC commands if they were not originally accepted.


The current project for the pool is a complete ground-up rewrite of the Stratum code to make it more scalable (full utilization of many-core systems), allow for better merged mining integration (instead of the fairly limited version currently implemented), and multiple chains (for an scrypt multipool).

Part of this rewrite is also going to make the pool servers insert found blocks directly to the database, and then the payout server will check against them before awards are assigned.  It won't prevent them from still needing manual intervention to get them paid (as a security/sanity check), but it will make sure they're properly logged at the time they're found and identified as not yet paid out in the Pool Stats page.

Can't you just program an exception report and post that? I'm sure you are human and maybe have missed some yourself, no?
1118  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 06, 2014, 08:07:31 PM
Phoenix (and anyone else with the HW issues)

Try eligius' secondary pool, it seemed to have clean up my flushwork issues.

v2.srv.eligius.st:12234

Overall HW is down, WU is up about 2%.

3 hours and running, the 6 module jupiter is pushing 99.7% of rated hashrate to the pool (838/840)

Wow. This just made a huge difference. Thank you!

I've been running on BTC Guild since October and have a consistent %99.7.  What were you getting previously?
1119  Bitcoin / Pools / Re: [2900 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: January 06, 2014, 04:17:57 AM

I'm glad other people can spot when the pool isn't doing it's job. If no one caught onto this, would this just be buried by time? I guess I'm glad I don't understand the hard technical stuff, cause I'd be looking for holes all the time and would probably be spotting them all the time. I guess it's like taking money from a blind person. Who monitors the monitor? Smiley

Not doing it's job, but not working %100 I guess.
1120  Bitcoin / Pools / Re: [2900 TH] BTC Guild - Pays TxFees+Orphan+NMC, Stratum, Private Servers on: January 06, 2014, 04:01:36 AM
From the numbers I've seen floating around, and since not one pool operator would indugle us in the money they make I can only assume they are making from the low end $10000 to the high end to $40000 / monhtly. Still beats most 9-5 jobs out there....and if operator was losing money he wouldn't be around here anymore. Average it out at $20kmonth and the operator is hauling in $240000. Most more then most people I know. A lot more. They are living quite comfortably it seems. Don't let 'em fool ya!
Does it bother you that someone is being successful providing a service in an open market?

I'm a little jealous.
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