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1821  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 07, 2013, 08:37:53 AM

A Mars FPGA miner nothing to do with ASIC.
1822  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 07, 2013, 07:43:49 AM
Quote
Let's put it this way... There are no other asic designers with the experience KNC has. Nobody comes close. Several completed asic projects.

KNC is a new company and apart from the current project, they have no direct experience in ASIC design,

ORSOC on the other hand has some limited experience.
Several projects completed? KNC has ZERO completed ASIC projects.

All I see on ORSOC website under ASIC related "projects" is this:

Pre-study and architectural design for ASIC project
ORSoC supports a customer with expertise in “pre-study” work for a big ASIC project. The work will result in decision of how to design the product to achieve best possible performance and in the same time assure future proof design that can handle different standards. ORSoC is also involved in work of setting up the design environment including verification strategies.


ASIC design in large ASIC development project
ORSoC is assigned to participate in large ASIC development project. The project includes design and verification of one of the bigger cores in the ASIC. This project require expert skills within VHDL design and verification as well as good knowledge of the standards used in the mobile telecom industry. The projects involves many people which makes it important to work in a structured way in a project team and follow the development models sued by the customer.

ASIC timing error verification
ORSoC helped this customer too investigate why their ASIC was malfunctioning sporadically. This error occurred after they transferred the ASIC to another ASIC process.

If you have some "details" with actual links of their previous ASIC projects viz a viz Clients, Project Value ($), production volumes,completion dates etc, I would love to have a read through them,

Whilst I agree that they may appear to be better organized and initially positioned than BFL and AVALON, they still have to deliver a product.

cheers,
kev


When I read the ORSoC credentials, I too could not find any reference to any projects that seems relevant to the design and production of volume ASIC like KNCminer require. But I am happy to give them the benefit of the doubt, as all engineers have to start somewhere.

1823  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 07, 2013, 03:01:06 AM
I despise resellers
I have to agree, and I despise even more the people that actually buy from the scalpers!
1824  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 07, 2013, 12:14:55 AM
Am wondering if the sagging BTC/USD price might cause some order cancellations... (Yay!)

I am quite certain that if you ask the miners "Are you mining BTC at a profit?" most wouldn't have a clue and would simply take a guess and tend to say yes even if they were actually loosing money.

The true answer has a lot of variables to factor in, which is too much effort for the type of people that get attracted to crypto as a "fast buck" lazy source of income.

So the people that would tend to cancel would mainly be those with need for the money eg. pay interest on the load or something more useful.


1825  Bitcoin / Hardware / Re: BFL refund through Paypal claim on: July 06, 2013, 11:57:55 AM


For all of the coverage the BFL Long-Con has received, this is the first time I have seen someone give this perspective. To anyone involved in ฿ intelligent enough to not do business with BFL, you really have to be thrilled about what they have been able to pull off, on a personal level. You can thank BFL for the following:


- Herding the most gullible and naive Bitcoin investors together and cleaning them out of all of  some / all of their $ or ฿'s, thus removing them from the market. Their purchasing power is gone and they are no longer competing with yours to drive up prices. BFL customers have made us all wealthier.

- ASICMINER has been given the market, thanks in large part to their #2 or #3 challenger offering them a full 12-14 month head start. Any rare BFL hardware that does make it to an investor will now have to compete in a sea of outperforming hardware of scale. BFL has essentially taken $ and ฿ directly from clueless investors and redistributed that bounty back into the network, down the grapevine and into ASICMINER shareholders pockets.

- 50-75% hardware blow-outs on BFL's gear are coming this Fall. For the few remaining marks left in the BFL camp, the odds of receiving hardware that works AND is profitable is becoming a pipe dream. Queue the flood of BFL pre-order fire sales taking place in the Auctions forum on this very site and Ebay. This is what should happen, intelligent investors that had the sense to stay away from BFL can now use their $ or ฿ to buy up the bilked investors discounted hardware. This allows someone to still make a net return on the hardware, and that is how it should be in this case.



The free market punishes lack of foresight, impatience and naivete. It rewards vision, mental strength and timing. The BFL scandal is a wonderful example of how this industry attracts both types of investors in droves, and why shamelessly (and obviously) bilking the most gullible of them is still a profitable business venture.


Man you are full of it aren't you?

Welcome to my ignore list.
1826  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][MultiCoin][Stratum+GW] multipool.in - Always mine the most profitable coin on: July 06, 2013, 07:22:27 AM
LTC balance from round shares has just started to work again.

Thanks.

But now the problem where the LTC pool hash rate says zero all the time, has returned.
1827  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][MultiCoin][Stratum+GW] multipool.in - Always mine the most profitable coin on: July 06, 2013, 06:27:59 AM
Alright, I see what happened.

Last night when I switched over to the new tables I've started using for share summaries, I took a look at the average difficulty and noticed that it was quite a bit higher than what I had projected (I was still using 32, however the average on the vardiff pools is closer to 64-80).  

Due to this, the round shares being used for the payout calculations was much higher than it should have been.  (more than double in some cases).

I changed the payout calculation to use 64 instead of 32 for the vardiff pools, but I never updated the estimates calculation (which is where the round shares displayed in the page header comes from).

So, it is possible that since yesterday you could have had round shares showing up in your stats in the header, that weren't going to be used for a payout.

This situation is now fixed, the estimates code matches the payment code.  Sorry for the trouble.

Nope that wasn't it, there is still a serious fault, an LTC block was just found 4min ago and I received no credit for it either in the confirmed or unconfirmed balance columns, but my round shares went down substantially when it was found. I was mining LTC at the time, on port 3334 instead of 7777 as I would normally do. So that at least 4 blocks I haven't been paid for, maybe more, as I only noticed the problem 4 blocks ago. Not impressed.



1828  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][MultiCoin][Stratum+GW] multipool.in - Always mine the most profitable coin on: July 05, 2013, 11:02:14 PM
If you are not mining LTC at the time a block has been found on multipool.in, but you still have hundreds of thousands of LTC round shares when an LTC block is found, I would have thought you would receive a payout for some of those round shares. These seems not to be the case. I watched the last two LTC block be found according to the Last 30 Blocks Found - LTC table but received nothing for my round shares which are of course going down all the time. This doesn't seem fair as the pool switching is not up to me.





It's PPLNS. Pay Per Last Number of Shares. This means that, say it is based on 10k shares, 10,001 will remove share 1, 10,002 removes share 2, etc.

It evens out to be the same reward over time. You could have hopped on near the end, gotten 50 shares at the last minute, now you only mined for a minute and got a big reward.

That's not the issue, the issue is the LTC round shares are not being turned into unconfirmed balance each time an LTC block is found. So my LTC balance is not rising unless the auto pool is actually mining LTC at the time a block is found.



Hm? I've had 0 issues with mine being credited so can't help there...
I have only noticed this with LTC the past day or so, previously it seemed to work fine.
1829  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][MultiCoin][Stratum+GW] multipool.in - Always mine the most profitable coin on: July 05, 2013, 10:56:22 PM
If you are not mining LTC at the time a block has been found on multipool.in, but you still have hundreds of thousands of LTC round shares when an LTC block is found, I would have thought you would receive a payout for some of those round shares. These seems not to be the case. I watched the last two LTC block be found according to the Last 30 Blocks Found - LTC table but received nothing for my round shares which are of course going down all the time. This doesn't seem fair as the pool switching is not up to me.





It's PPLNS. Pay Per Last Number of Shares. This means that, say it is based on 10k shares, 10,001 will remove share 1, 10,002 removes share 2, etc.

It evens out to be the same reward over time. You could have hopped on near the end, gotten 50 shares at the last minute, now you only mined for a minute and got a big reward.

That's not the issue, the issue is the LTC round shares are not being turned into unconfirmed balance each time an LTC block is found. So my LTC balance is not rising unless the auto pool is actually mining LTC at the time a block is found.

1830  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][MultiCoin][Stratum+GW] multipool.in - Always mine the most profitable coin on: July 05, 2013, 09:44:16 PM
If you are not mining LTC at the time a block has been found on multipool.in, but you still have hundreds of thousands of LTC round shares when an LTC block is found, I would have thought you would receive a payout for some of those round shares. These seems not to be the case. I watched the last two LTC block be found according to the Last 30 Blocks Found - LTC table but received nothing for my round shares which are of course going down all the time. This doesn't seem fair as the pool switching is not up to me.



This problem is not occurring with my accumulated FTC round credits which are turning into unconfined balance quite happily each time an FTC block is being found.
1831  Bitcoin / Hardware / Re: BFL refund through Paypal claim on: July 05, 2013, 03:16:03 PM
Kansas, the state where BFL are located, has extensive consumer protection legislation, you might want to review some.

http://kansasstatutes.lesterama.org/Chapter_50/Article_6/

I would imagine that a web sale would fall under the telemarketing legislation, which entitles the consumer to a refund right up until 7 days after taking delivery of the goods or service.

So don't fall for the all sales are final ploy, do your research.

1832  Bitcoin / Hardware / Re: BFL ASIC seized by EU , european & german Customs on: July 05, 2013, 06:37:17 AM
My Jalapenos made it through Australia Customs without hassles.  I've had other gear delivered from the USA, Europe and China with their plugs and no one cared.

When I first heard of the 'CE' China Export tag a few days ago I thought it was a silly online joke.  It staggers me that someone in China thought this was a great idea.  Total coincidence that the two logos look virtually identical  Roll Eyes

I have purchased a Dell laptop PSU online that turned out to be fake.  It had a couple of spelling errors on the label and got quite hot in use.  I'm not surprised Customs may be picky about laptop PSUs as it's a real safety issue.

No 'UL' mark on my Jalapeno PSUs, and of course no markings apart from a serial number on the actual Jalapenos.

The crazy thing is, if they ship the Jalapeno separate from a power supply, they don't need certification, as they are not a mains powered device, if they bundle them together then they do as it's considered part of a system.

I guess if BLF were smart they could put them as separate items on the paperwork so they are not a system.
1833  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 05, 2013, 05:59:51 AM


no i do understand, its just that it doesn't make sense from a business perspective. all of the buyers will gravitate towards the faster, more energy efficient product. they will be dead before they can even sell the product. from now on, shouldn't they be focusing on improving a 28nm design?
What makes you think the other ASIC vendors are going to sit still, Avalon have already stated they are working on a 2nd generation ASIC design, the foundry that BFL use can certainly do 28nm.

There is no reason to jump straight into the more expensive 28nm tech when you are a year ahead of your competition in orders/sales and you can sell everything you can ship plus more.
1834  Bitcoin / Hardware / Re: Has butterfly started shipping the 25 GH and 50 GH devices ? on: July 05, 2013, 04:33:40 AM
Some 25GH/s and 50GH/s devices have shipped already.

Hows that, if they are only shipping Single SC June 2012 orders.....?

Technically they are the same units, only a firmware change.
1835  Bitcoin / Hardware / Re: Has butterfly started shipping the 25 GH and 50 GH devices ? on: July 05, 2013, 01:04:47 AM

I understand currently the shipping of 5 GH devices  started with orders from oct 2012.

Have shipments of  25 GH and 50 GH devices started  ? Any guess on expected shipment if order was made this month. ?
That's incorrect, the 5GH/s devices were shipping from early Sep 2012 orders last, but their shipments have been suspended, to allow the other models to catch up.


Some 25GH/s and 50GH/s devices have shipped already.

1836  Bitcoin / Hardware / Re: Experimenting with Jalapeno firmware... on: July 04, 2013, 11:20:52 PM
https://forums.butterflylabs.com/announcements/3282-bitforce-sc-firmware-version-1-2-5-a-3.html#post45157
Quote
Flashing your firmware will void your warranty yes.


Just thought I would make people aware of that.

1837  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 04, 2013, 10:44:32 PM
i have been wondering about this

how are they going to have access to 28nm chips when the rest of the companies can barely get ahold of 65nm?

i do not understand how they are going to get a hold of 28nm at the same rate as Apple IBM etc.
28nm is a common fab size, it costs more so other ASIC vendors opt for cheaper sizes.


then why are other companies developing with larger gate size?

new stuff is coming out on 100+nm designs
The larger sizes are cheaper. It not very hard to understand.
1838  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: July 04, 2013, 10:39:52 PM
i have been wondering about this

how are they going to have access to 28nm chips when the rest of the companies can barely get ahold of 65nm?

i do not understand how they are going to get a hold of 28nm at the same rate as Apple IBM etc.
28nm is a common fab size, it costs more so other ASIC vendors opt for cheaper sizes.
1839  Bitcoin / Hardware / Re: BFL ASIC seized by EU , european & german Customs on: July 04, 2013, 10:37:30 PM
The resistance of copper wire goes up with temperature. 4.9 x 10^-3 is the coefficient.
1840  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][MultiCoin][Stratum+GW] multipool.in - Always mine the most profitable coin on: July 04, 2013, 07:53:51 PM
The LTC hash rate hasn't been displaying for me since yesterday, should I stop mining it until fixed?
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