Bitcoin Forum
May 02, 2024, 01:45:20 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 [82] 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 »
1621  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 13, 2014, 04:29:48 AM
Just in case anyone is interested in calculating their actual power consumption, you should know that the amount listed by bertmod or the new 0.99.2 firmware does not include all factors like fans or PSU inefficiencies. As you can see, my Jupiter shows 1140w on the Advanced page, but my kill-a-watt meter shows 1300w at the wall. I would recommend multiplying the amount you see on the Advanced tab or from bertmod by 1.15 for a realistic estimate.

what kind of Jupiter are you running?

my Jupiters are drawing from 570W to 590W at the wall all with 0.95 firmware.
BTW. 240v power supplies V1000 cooler Master gold

Sorry, I forgot to mention I'm running 6 modules overclocked at 1TH/s. I found the same 1.15 power multiplier was necessary when running 4 modules at stock speed though.

I wonder how much recent overclocking, as above has effected the hashrate as well? I mean if enough are savvy enough to push out another 10-15% it has to make some kind of dent...

Absolutely! I've wondered this myself since most of the hashing power out there is KnC hardware.

On another note, it seems like those 2nd gen Avalon clones are sprouting up like wildfire! I've got 13 of 'em arriving sometime between 1/20 and 1/22. I think that KnC's competition doesn't look the way they expected (HashFast & Cointerra), but rather dozens of Chinese 'shops' cranking these things out like mad.

I was going to mention Avalon, a little birdy brought this to my attention to day. They have a load of 200gh/s 55nm hitting the market right now, but that cannot be solely responsible. Also does that mean the hardware is all being pre-mined (again), or delivered?

There are also privately sourced operations hitting the network, too. As bitcoin becomes more popular then you'll see more privately funded mining ops using their own custom made hardware. I wouldn't be surprised if these hardware manufacturers started making their own clones and started mining as well.

Evolution is said to be less and less expensive big rigs approaching manufacturing cost.  Still if there's horizontal expansion with manufacturers owners as investors in commercial farms, real cheap miners won't happen.  And if the real deal isn't the miners the business sells but the now developed ASICs sold to be put on another manufacturer's boards and not sold to the public, then the hashrate would rise without visible cause.

Rubric: The natives are getting restless.

An even sneakier method would be to get preorders to develop the ASIC, get the ICs, announce a pending release of a great many miners, but have a deliberate flaw in the board design so they can't be shipped but meanwhile a great many of the ICs go to a private buyer who puts them on his own designed board not having a deliberate flaw, and gets them up and running mining bitcoins without fanfare.

1622  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 13, 2014, 04:10:17 AM
Just in case anyone is interested in calculating their actual power consumption, you should know that the amount listed by bertmod or the new 0.99.2 firmware does not include all factors like fans or PSU inefficiencies. As you can see, my Jupiter shows 1140w on the Advanced page, but my kill-a-watt meter shows 1300w at the wall. I would recommend multiplying the amount you see on the Advanced tab or from bertmod by 1.15 for a realistic estimate.

what kind of Jupiter are you running?

my Jupiters are drawing from 570W to 590W at the wall all with 0.95 firmware.
BTW. 240v power supplies V1000 cooler Master gold

Sorry, I forgot to mention I'm running 6 modules overclocked at 1TH/s. I found the same 1.15 power multiplier was necessary when running 4 modules at stock speed though.

I wonder how much recent overclocking, as above has effected the hashrate as well? I mean if enough are savvy enough to push out another 10-15% it has to make some kind of dent...

Absolutely! I've wondered this myself since most of the hashing power out there is KnC hardware.

On another note, it seems like those 2nd gen Avalon clones are sprouting up like wildfire! I've got 13 of 'em arriving sometime between 1/20 and 1/22. I think that KnC's competition doesn't look the way they expected (HashFast & Cointerra), but rather dozens of Chinese 'shops' cranking these things out like mad.

I was going to mention Avalon, a little birdy brought this to my attention to day. They have a load of 200gh/s 55nm hitting the market right now, but that cannot be solely responsible. Also does that mean the hardware is all being pre-mined (again), or delivered?

There are also privately sourced operations hitting the network, too. As bitcoin becomes more popular then you'll see more privately funded mining ops using their own custom made hardware. I wouldn't be surprised if these hardware manufacturers started making their own clones and started mining as well.

Evolution is said to be less and less expensive big rigs approaching manufacturing cost.  Still if there's horizontal expansion with manufacturers owners as investors in commercial farms, real cheap miners won't happen.  And if the real deal isn't the miners the business sells but the now developed ASICs sold to be put on another manufacturer's boards and not sold to the public, then the hashrate would rise without visible cause.
1623  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 13, 2014, 02:58:05 AM
Just in case anyone is interested in calculating their actual power consumption, you should know that the amount listed by bertmod or the new 0.99.2 firmware does not include all factors like fans or PSU inefficiencies. As you can see, my Jupiter shows 1140w on the Advanced page, but my kill-a-watt meter shows 1300w at the wall. I would recommend multiplying the amount you see on the Advanced tab or from bertmod by 1.15 for a realistic estimate.

what kind of Jupiter are you running?

my Jupiters are drawing from 570W to 590W at the wall all with 0.95 firmware.
BTW. 240v power supplies V1000 cooler Master gold

Sorry, I forgot to mention I'm running 6 modules overclocked at 1TH/s. I found the same 1.15 power multiplier was necessary when running 4 modules at stock speed though.

I wonder how much recent overclocking, as above has effected the hashrate as well? I mean if enough are savvy enough to push out another 10-15% it has to make some kind of dent...

Absolutely! I've wondered this myself since most of the hashing power out there is KnC hardware.

On another note, it seems like those 2nd gen Avalon clones are sprouting up like wildfire! I've got 13 of 'em arriving sometime between 1/20 and 1/22. I think that KnC's competition doesn't look the way they expected (HashFast & Cointerra), but rather dozens of Chinese 'shops' cranking these things out like mad. Hurry up and ship more Jupiters please!

Perhaps.   On the other hand I found reading all the trials and tribulations of various firmware versions or miners, when I got my Merc w/1 upgrade module running at 285 I said fine and let it run.  I'd log in and find the uptime but why disturb it?
1624  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 12, 2014, 08:51:08 PM
I wonder if my calculations are off.  I seem to see that if the rate of hashrate increase on the net remains the same I can probably make a little money with my expensive Neptune in a 3 month period if a btc is $853.  But if the rate of change increases much it will drop to less than paid for and making little after the 3 months.  I used an average of a week a month ago and this last week, btc mined with 300GHs.

Know what would work for KnC? A special deal to sell all returned 1st and 2nd batch Neptunes to a commercial miner farm.
1625  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 12, 2014, 04:25:09 PM
The 2013 annual report to congress by the national taxpayer advocate is available for download from the irs as are tax forms.

The report to congress has a section devoted to:
MSP
#24
Digital Currency: The IRS Should Issue Guidance to Assist
Users of Digital Currency
...
It is the government’s responsibility to inform the public about the rules they are required to follow.41 The
lack of clear answers to basic questions such as when and how taxpayers should report gains and losses on
digital currency transactions probably encourages tax avoidance.
Many law-abiding taxpayers want to comply and to distinguish themselves from tax evaders.42 Some are
frustrated by the IRS’s lack of guidance. According to the summary of a book that purports to identify
bitcoin-related tax issues:
The IRS is famous for expecting people to comply with tax rules that aren’t even written yet.
And, they have given no indication that they are going to help Bitcoin users out any time
soon…. Because Bitcoin is new technology and not easily defined, in a legal sense, this will
allow you to be much more creative and flexible and legally reduce your tax liability.43

Okay, I know it's off topic but this is nice. If you don't want to burn out your printer and spend wads of cash for toner, or if you don't want to drive to an IRS tax assistance center (my closest are in Atlanta or Columbus), you can get hard copies of IRS documents by searching and ordering online. First one finds what documents one wants then searches on this page and then mash the button for place in cart. Then go back and find additional forms and repeat then go to check out. Forms arrive in 10 days. Best of all it's free. For the last two years I've use the hard copy 2011 form 1040A instructions booklet as a table mat on my desk on which I place hot plates, i.e. breakfast, dinner.
http://www.irs.gov/uac/Forms-and-Publications-by-U.S.-Mail
1626  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 11, 2014, 04:49:41 AM
If there is any way we can pay a reasonable premium to have the Neptunes shipped as two separate 1.5TH units that work on a standard American household circuit (instead of needing to use two circuits total for a single 3TH unit), I would be very interested in placing an additional order for 3TH.



ditto that would be the way to move them 2nd batch Neptunes!

Searing

i said this a month ago and everyone laughed. ugh.

Id imagine two PSUs could be used
Or seven 360watt 12 volt switching supplies and a BBB wall wart.
1627  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 11, 2014, 03:07:55 AM
Holding out for new Jupiters from KnC or my Neptune.  In the meantime I just flip over a changing network hashrate chart and know it describes the return of a fixed hashrate - like what one has while waiting for KnC.
1628  Bitcoin / Hardware / Re: [Guide] Dogie's Comprehensive ASICMiner Blade Setup on: January 09, 2014, 04:03:44 PM
Fixed the repeated restart and low shares problem by changing my router to an earlier, non- IPv6 router.
1629  Other / Archival / [Solved] Blade V2 constant restart low shares failure on: January 09, 2014, 04:02:53 PM
Changed my Linksys E900, reverting to an early 10/100 Linksys router not having IPv6 only IPv4.
1630  Bitcoin / Hardware / Re: Blade keeps restarting, new version on: January 09, 2014, 03:59:37 PM
I found a fix for the download lots of work but submitting very little failure.

I had changed my router to a Linksys E900 expecting I want a most recent firmware for best thruput.  It worked for a while but then stopped with the very low share output failure.

I just changed back to my early 10/100 Linksys 4 port router and all is okay.  Works perfectly.
1631  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 08, 2014, 06:45:59 PM
Grin

Cypher, you know about electricity, how many Neptunes do you think I can run off a warehouse with 3 phase?

Thanks

are there any PSU that you can buy that run on 3 phase power?  I don't think so and never seen one myself

You'll get >220VAC from L1-L2 or L2-L3 or L1-L3.  No real advantage to using 3 phases at one time I suppose unless you're running some kind of tremendous brushless motor.
1632  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 08, 2014, 05:12:40 PM
Check out the network hashrate. We're looking at another 25% increase in 5 days!  Shocked

http://bitcoinwisdom.com/bitcoin/difficulty

Knc, Hashfast, and Cointerra aren't even shipping at the moment.

KnC isnt shipping. But who said that KnC isnt producing? I am 99% sure that just in this moment jupiters are build and mining for KnC themself.

Given the network protection statement, if they are presently building and testing Jupiters the test period would be very short, like with our October miners that were shipped without having generated a single share - the test period was very short.
1633  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 08, 2014, 04:02:36 PM
I paid for my Neptune after btc was well over $1000 on MtGox but then felt I got ripped off by Bitpay.  

Later I discovered that MtGox is no longer the most reliable standard for btc price in that due to failure to be accepted by US banks and its inability to easily facilitate movement of dollars back into US banks, a higher purchase and sale price results on the MtGox exchange.  

I considered that the US banks' trenchant stance was due to MtGox practice of calling a halt to trading when a sharp fall in price was allowing a speculative ripoff and general devaluation of btc as the NY stock exchange will call a halt to trading or at least computer trading when the same happens.  Recall the late fall buildup to $1000 then sharp drop the day before US Senate hearings on bitcoin.  I felt that was a deliberate effort to destabilize bitcoin by US banks. The other exchanges allowed the April/May price fall/crash without any attempt to impede the fall.  

So, that is likely the reason MtGox finds it more difficult to become accepted by US banks.  MtGox tries to protect Bitcoin.

There is another possible reason that I'll mention just for the sake of argument.  A class in economics many years ago mentioned a critical difference between the Japanese stock market and the US stock exchange.  In Japan it is customary and expected that business owners inform other business owners of events that are going to effect their company's stock value - this without making the information known to the public.  In effect it is institutionalized insider trading.  Now I'm not saying that the no-insider-trading laws and regulations are all that respected in this country but regardless if the laws are ignored by insiders, the laws can be argued to the US regulators as reason that the Japanese bank MtGox cannot be allowed to do business as others can.
1634  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 08, 2014, 01:53:46 AM
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.)
1635  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 08, 2014, 01:47:15 AM
Either that or Hashfast didn't ship, Cointerra haven't shipped so the need to keep up right this minute with adding more hashing power didn't materialise - so no requirement
 to sell more Jupiters.

I agree.  We were expecting a major jump in network hashrate that didn't happen but this steady up slope of hashrate and dwindling of returns continues - apparently just not enough in their eyes to justify production and shipment of new Jupiters.
1636  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 07, 2014, 06:00:52 PM
Okay, ASIC machines drive the network now.  What percentage are KnC machines?  Could it be a combination of seasonal affective disorder (SAD) in conjunction with a certain amount of guilt about  their unqualified success while others flounder?
1637  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 07, 2014, 05:06:02 PM
Us pre-existing customers can look back at our news emails and see the windows for announcements and purchase.  I don't think a non-customer has that and don't expect a KnC customer would have a legit reason for posting it.
1638  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 07, 2014, 04:51:19 PM
KnC not producing/shipping due to managements' seasonal affective disorder?
1639  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 07, 2014, 03:04:47 PM
Natalie (kncminer)
Jan 07 12:31
Hi,
We recently released new offer - Neptune second batch for the special price 9,995.00 USD.
The second batch is expected to start shipping in Q2 of 2014, in about one month after first batch is shipped.
We don't have any other miners for sale at this moment.
There are limited number of units will be sold and as usual only fully paid orders are accepted to reserve your unit and enter the queue.
Best regards
Med vänlig hälsning
Natalie Forslund
Kncminer
www.kncminer.com
Office: +46 8559 253 20


Guess there wont be any jupiters for sale after all, or did i get this e-mail answer wrong ?

Guess the network will remain protected from us.
1640  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: January 07, 2014, 04:20:36 AM
So how many watts do the nov jupiters pull? KnC said there would be about a 30% drop in elecricity usage. I'm assuming that will be based on Nov numbers.

November jupiters pull around 850 watts, but a Neptune will be at least 5x as fast.

A Neptune is 30% more efficient, so a back of the napkin calculation shows that a Neptune at 3TH will draw around 3000w. If knc over delivers and the Neptune is 4TH, we're looking at some scary power draw numbers unless knc also over delivers on power efficiency.

I think you're right.  I don't have a Nov. Jupiter.  My Merc was very efficient and the add-on module less so but the two use 361watts at the wall.  Using these numbers and a factor of 11x I get 3135 watts or 26amps@120VAC or 13.6amps@230VAC.

Using the first module as a guide, the more efficient, I get 2156watts - that's 70% of 22x the Merc.

My previous calculation of 2000watts was using the Merc stats.  This is likely a mistake because at 20nm there will be a higher probability of an impurity triggering activity at a gate, misfiring, so higher errors which will draw power.
Pages: « 1 ... 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 [82] 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!