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1701  Bitcoin / Hardware / Re: Network Protection statement from KNCMiner on: July 18, 2013, 10:13:21 PM
The statement makes much less sense than most of you have pointed out. It's absurd they'd do this kind of thing for the sake of customer's satisfaction.

This is because they're mining with their own equipment, and want most profits. Not convinced? To fullfill their promise of "protecting our customers share on the network", they'd have to have a lot of devices sitting around waiting for shipping. I don't think they'd be sitting in a cardboard box all that time. Now, if and when the network hashrate keeps growing, they can dump these units cheap and look like the one who has to make a sacrifice for customers sake.

This is clever PR.

Sounds like utter BS to me, another "mining with their own equipment" claim, from obviously a greedy person that thinks all other people are greedy too just like him so he starts FUD stories.


Anyone with basic arithmetic skills can work out for themselves that it's several thousand percent more profitable to sell a miner that takes an hour or less to build, than it is to use the same miner for weeks on end just to get ROI.

1702  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][ARG] Argentum | Fast. Optimized. Unique Innovation. | 0% Orphans on: July 18, 2013, 09:42:34 PM
We can join ARG mining at http://arg.epools.org. For now it is only pool who can raise above multipool hash rate.
I am against this kind of things but this have to be stopped immediately.

I would suggest you avoid epools as well. From what I have heard that pool op is not responsible as can be seen with his DGC and WDC pool.

I would suggest using arg.scryptmining.com

http://arg.epools.org is fine, the gui is way faster for me than http://arg.scryptmining.com


Hey now, while it may be a running joke among some of us that a few of my sites load slower than molasses, its thankfully got no impact on mining Smiley
(and a total re-write of the interface is in progress).  

While 'epools is fine' is accurate, having a huge portion of the hashrate isn't so 'fine'.  
Earlier in the week, arg.scryptmining.com had 5 times the has that epools did, way over 50%, I was the only miner on epools for like 20hrs at one stage, I mine and check both pools often, epools has only picked up in the last day or so. Both are guilty of sitting over 50% this week.

I noticed that multipool.in have added stratum+tcp://pool1.us.multipool.in:3346 for ARG so you don't have to participate in the bouncing. This is a good thing.

1703  Bitcoin / Hardware / Re: Network Protection statement from KNCMiner on: July 18, 2013, 09:39:25 PM
This statement is meaningless.

People only care if KNC can keep their word to start shipping in September.

but i think they are little crazy, 28nm technology chips use for only 3 months production and will then be superseded by the 2nd gen chips ? I guess the 2nd gen KNC chip will be 20nm? no 20nm is not exotic enough, 14nm. KNC 2nd gen must be 14nm!
What makes you think fab size is the key to 2nd. generation?

They could simply be making a unit larger than the Jupiter.
1704  Bitcoin / Hardware / Re: BFL ASIC mining board project on: July 18, 2013, 09:37:34 PM
I like the idea of the 4 chip board, that keeps the heat down to similar levels that CPU coolers were designed for.

1705  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 18, 2013, 09:31:08 PM


Please stay on target.
Just put your fingers in your ears and go la  la la  la works for me.
1706  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][ARG] Argentum | Fast. Optimized. Unique Innovation. | 0% Orphans on: July 18, 2013, 09:12:23 PM
We can join ARG mining at http://arg.epools.org. For now it is only pool who can raise above multipool hash rate.
I am against this kind of things but this have to be stopped immediately.

I would suggest you avoid epools as well. From what I have heard that pool op is not responsible as can be seen with his DGC and WDC pool.

I would suggest using arg.scryptmining.com

http://arg.epools.org is fine, the gui is way faster for me than http://arg.scryptmining.com

1707  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 18, 2013, 09:07:08 PM
Just received this update? Talking about March 2014? HUH? I thought these were to ship this year October? What's going on?



KnCMiner Network Protection Statement


At KnCMiner we are aware of the service we are providing to our customers. We are also aware that we need our customers to have a return on their devices in order to purchase form us again. With the scale of the supply chains, agreements and factories we have access to, we need to be cautious we don’t ship too many devices and therefore reduce the return to our customers.  So with that in mind our plan is to do as follows:
 
We will ship no devices in December 2013, January 2014 or  February 2014. Meaning that once we have taken the difficulty up at the end of November we will not release any more hashing power for 3 months. We will then release our new generation of devices, which will begin shipping in March 2014. These devices will also have a much higher GH/$ rating than any of our current offerings.
 
We would like to state that If any of our competitors continues to add large amounts of hashing power to the network during December, January or February. We will continue to release our devices as competitively priced as we can to protect our customers share of the network.

Thanks
KnCMiner Team

Didn't receive that, but looks quite logical.

Agree, would be even better if previous customers were given preference for the next batches as well, kind of like a loyalty reward.
The greedy want more, under the guise of loyalty. It's laughable, loyalty doesn't absolve greed.

1708  Bitcoin / Hardware / Re: April 15 chips arrive on: July 18, 2013, 09:05:10 PM
Its been confirmed July 10, 2013 that someone in China received tens of thousands of Avalon chips.

Please show source for you statement. Just because you say so doesnt make it true. afaik btcman posted these, because he works somehow as CEO or whatev in that facility that built the chips for team avalon (yifu and co). Nobody received tens of thousands of avalon chips. Nope.
Man you are one of them stupid trolls aren't you?  Always questioning me.
Ok one second getting sources.   There is more to it as well, but I will not elaborate at this time.
https://bitcointalk.org/index.php?topic=256453.msg2731615#msg2731615
and
https://bitcointalk.org/index.php?topic=252233.msg2694806#msg2694806   (pics of chips posted July 10, 2013)
To get this straight: I'm no troll, I'm not always questioning you. Get over it, it's cool  Cool
I didn't see these posts, thanks for the info. I didnt get this: where did this fidelhl sell his "clones" (i suppose?)? Or did he provide chips for avalons batch 1 and 2?

Anyone know how many of them were supposed for avalon? This is freaking me out Cheesy
The chips are from Avalon not to Avalon think man!
1709  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 18, 2013, 08:59:56 PM
Or even maybe three month cycles with other pow between the six month sha256 cycles?
What does this mean?

Just hoping that they would come out with their scrypt miner before march.
Why bother, there is hardly any money in scrypt. LTC is the best and it's got about 5% of the market cap that BTC has.


I think there would be huge money to be made with a KNC scrypt miner. If they were to take preorders after current orders started arriving... Well I think it would be huge.
The ASIC market seems like it is about to be so saturated.
The cost of an ASIC scrypt mining chip would be several times more than the cost of a SHA256 chip, that's why scrypt is used in the first place, so the coin you would have to mine would need to be several hundred percent more profitable than BTC to get the same ROI. Good luck! Keep dreaming.



why so expensive? the memory?
Scrypt chips are bigger, so you get way less per wafer.

1710  Bitcoin / Hardware / Re: Butterfly Labs shipping 300 units a day on: July 18, 2013, 08:57:45 PM
Surprised we haven't seen anyone advertising BFL clones yet. I imagine anyone doing one is going to wait until they are ready to ship to announce.

The fact that they are shipping out sample chips to bulk chip purchasers in a timely fashion suggests that delays are due to issues with other parts and/or assembly and not due to delays in chip acquisition. Not that it's fair but I think BFL chip purchasers will have working clones before many of those who bought miners...
There are project threads on this forum for building miners based on BFL chips.
BFL provided a full working open source design, including firmware!


Here is one project doing their own board:
https://bitcointalk.org/index.php?topic=258622.0

1711  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 18, 2013, 08:56:10 PM
Or even maybe three month cycles with other pow between the six month sha256 cycles?
What does this mean?

Just hoping that they would come out with their scrypt miner before march.
Why bother, there is hardly any money in scrypt. LTC is the best and it's got about 5% of the market cap that BTC has.


I think there would be huge money to be made with a KNC scrypt miner. If they were to take preorders after current orders started arriving... Well I think it would be huge.
The ASIC market seems like it is about to be so saturated.
The cost of an ASIC scrypt mining chip would be several times more than the cost of a SHA256 chip, that's why scrypt is used in the first place, so the coin you would have to mine would need to be several hundred percent more profitable than BTC to get the same ROI. Good luck! Keep dreaming.

1712  Bitcoin / Hardware / Re: April 15 chips arrive on: July 18, 2013, 08:52:45 PM
This must be for batch#3 right, not bulk chip orders.  Especially if April 15th is correct.

Those are chip orders. Unfortunately chips will be first than batch#3.

It takes more than just chips to build a miner. The chips have to arrive before you can build a miner, though some people in this thread seem to think it should be the other way around.
1713  Economy / Scam Accusations / Re: Criminal Lawsuit against BFL in Germany [in progress] on: July 18, 2013, 08:32:53 PM
seriously?

I was a customer of bfl as well... I have 6 fpga... so my conscience of bashing them is clean...

I did not do "2012" pre-order any asics for some trust reason... but these pre-orders really need to stop...

They are trying to manipulate here... it is very obvious that they are the ones getting rich here...

they get to do whatever they wants...

1) GET MONEY from preorders...

2) build miners...

3) Mine with them first until people gets mad and really want their orders...

4 ) deliver a few orders (so consumers gets some hype and buys MORE PRE-ORDERS)

5 ) Repeat step 1-4



I mean avalon did the right thing in their "FIRST BATCH"... now they're trying to do the same as what is BFL is doing...

One thing i really want to happen is.. have at least 5 companies manufacturing miners...

that way they'll have to compete to get the consumers business.... and not abuse their capability to build these miners...






What has this got to do with the OP?

You realize it's a myth that you can make more money per hour mining with an ASIC than you can selling it?

If BFL ship 100 Jalapenos a day, that's around 300BTC worth, try mining 300BTC with 100 Jalapenos, it will take weeks, it's much more profitable to keep selling the units.
1714  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 18, 2013, 08:26:23 PM
Or even maybe three month cycles with other pow between the six month sha256 cycles?
What does this mean?

Just hoping that they would come out with their scrypt miner before march.
Why bother, there is hardly any money in scrypt. LTC is the best and it's got about 5% of the market cap that BTC has.
1715  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 18, 2013, 12:44:40 PM
ASICminer will just rub their hands together and say "lets party" from Dec well into the new year.
1716  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 18, 2013, 12:40:58 PM
Quote
Received 8:30AM EDT on 7/18

KnCMiner Network Protection Statement


At KnCMiner we are aware of the service we are providing to our customers. We are also aware that we need our customers to have a return on their devices in order to purchase form us again. With the scale of the supply chains, agreements and factories we have access to, we need to be cautious we don’t ship too many devices and therefore reduce the return to our customers.  So with that in mind our plan is to do as follows:
 
We will ship no devices in December 2013, January 2014 or  February 2014. Meaning that once we have taken the difficulty up at the end of November we will not release any more hashing power for 3 months. We will then release our new generation of devices, which will begin shipping in March 2014. These devices will also have a much higher GH/$ rating than any of our current offerings.
 
We would like to state that If any of our competitors continues to add large amounts of hashing power to the network during December, January or February. We will continue to release our devices as competitively priced as we can to protect our customers share of the network.

Thanks
KnCMiner Team

https://www.kncminer.com/news/news-24
1717  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 18, 2013, 12:37:40 PM
Saturn is listed as drawing max 500W. Do you think a 600W Corsair that I have lying around would be enough or should I go for a bigger PSU?

I would say you have a 0% chance of getting an official answer anytime soon.  I also think that if you don't get a psu sized for a Jupiter then you will just have to buy another one if you ever want to upgrade.

KNC doesn't know the power requirements themselves right now, but there will be plenty of time between when they know and when your shipment arrives.

You would be nuts to order a PSU before final power figures are released. It's not like they are hard to get. I can go to the local PC shop and have pretty much any common wattage/brand PSU within 20min.

1718  Bitcoin / Hardware / Re: Klondike - 16 chip ASIC Open Source Board - Preliminary on: July 18, 2013, 11:35:39 AM
It looks like some people are getting chips, though it wasn't clear:

https://bitcointalk.org/index.php?topic=258231.0

1719  Bitcoin / Hardware / Re: April 15 chips arrive on: July 18, 2013, 08:33:29 AM
Is this for the Avalon bulk chip orders, or something else?
1720  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN][ARG] Argentum | Fast. Optimized. Unique Innovation. | 0% Orphans on: July 18, 2013, 08:14:30 AM
Lets see the havoc in which ARG will be left in approx 10 minutes


Current difficulty    1.49739524
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