It looks to me the blockchain is very stable now. Earlier sometimes I saw the client switch back and forth to some other chains, all the time it switched back after some time, as other chains are not sync'able. One of the chain is the Litecoin that I can recognize, this is probably that IFC (and many others at that time, such as NBL, FST, ALF etc) did not change the message channel, so it gets sync messages. It is not a problem, you can mine without any issues. As long as you have connections. Here are some of my peers FYI.
Which message channel, do you mean IRC? |
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As far as I understood, if you want good cooling, you don't stick fans at 90degrees to each other, you create a sealed push pull wind tunnel using fans at each end, thus giving you the best chance of laminar flow.
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Seriously, mcxNOW is now valued at $12,000,000...
And your buddy RS has only managed to monetize 5%...
A measly 5% @ 0.1 BTC = $60,000.
This is for an exchange that is GROSSING maybe 3 BTC/day.
There is only one possible move here = you keep things running smoothly.
Then you either sell more shares to the public...
Or sell the whole exchange to another party.
There is a flaw in this calculation, not every share was sold at the same price, the owner could not suddenly dispose of his shares without destroying the price, so the $12mill figure at this point is a pipe dream. Since you feel that the free market is totally wrong... You must be a big fan of Central Planning. Why don't you form a Committee of Experts, come up with numbers, and we'll all just use those. I don't feel the free market is wrong, I feel YOU are wrong but most like you are just another troll to be ignored. |
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And what's the air conditioning cost of cooling 1.4million BTU/hr?
You mean operating cost? Same as anything else, it depends on the efficiency and the climate but generally if you use 1W of electricity you are going to use another 0.25W to 0.5W to remove that heat. So if your 1 PH/s rig uses 800 KW you can anticipate needing to spend another 200KW to 400KW to get the heat out. Yes, operating cost, I was trying to work out how heat effects these commercial BTC mining operations. That's not too bad then, as data centers often get a discount commercial electricity price compared to residential, however you still have to purchase the air conditioning equipment first. |
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Obviously this stock is manipulated.
Proof? |
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Seriously, mcxNOW is now valued at $12,000,000...
And your buddy RS has only managed to monetize 5%...
A measly 5% @ 0.1 BTC = $60,000.
This is for an exchange that is GROSSING maybe 3 BTC/day.
There is only one possible move here = you keep things running smoothly.
Then you either sell more shares to the public...
Or sell the whole exchange to another party.
There is a flaw in this calculation, not every share was sold at the same price, the owner could not suddenly dispose of his shares without destroying the price, so the $12mill figure at this point is a pipe dream. Man, people have been very creative in this new and "innovative" space. What about let's make a new coin, keep all for ourselves in some fictitious project like becoming the greatest way of buying thing, like ripple, then issue shares to the public?  mcxFEE is not a coin, there is no client for it, it's simply a dividend paying share of the mcxNOW exchange, just like stock market exchanges offer, any crypto exchange could offer the same. You seem to be having a problem with this basic concept. I see nothing wrong with the idea, as long as the remaining 45k shares on offer, get released slowly over time so as not to crash the price. |
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mcxFEE has the biggest buy order book atm, but Solidcoin is not far behind. The sum of the other coins order books exceeds mcxFEE, so it's just fotm most likely. An interesting experiment by mcxNOW well worth watching.
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that is not the photo of the chip. It is chips before they go into a package which goes into some kind of sealed packing which goes into a courier's luggage which goes to Sweden, or something like that. So quite possibly the last chance to get a photo of them before the sealed packing material is unsealed at the factory to be fed into the assembly machines - oh and a few snipped off to test and prototype with while the assembly machines churn away maybe. -MarkM- A chip before it goes into packaging is a flat silicon wafer square, that photo is way more than one of those, it looks like the complete package minus the lid. |
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Thanks for that, I don't read their forums usually. So if that was on the 19th. that's not too bad, the packaging must be well under way. |
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Day1 and day2 is delivered or hosting within next week. What is the problem  my mind try to tell me all the time something about September. something important will happen in September. Why is everybody so set on fixed dates.. a few +/- no big "diff" Production has started so orders should be ready next week, but I can’t yet give you a date. I don't care about exact dates either, I just want to see the things working to ascertain if the live up to their specifications. |
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why in their right mind would anyone wait to get a refund on the eve of shipment?
Just for a second consider other people are not idiots and you are in delusion, OK? Just for the sake of argument, say to yourself "what if": - what if it is not an eve of shipment? - what if there is not a single KnC chip in Sweden and will not be for some time? - what if there is a reason for KnC to stop refunds, since there was a flood of people asking for them? - what if those people used their calculators and concluded there will never get the money from those machines if they are 10 days late, as much they get from a refund? It baffles me how someone easily consider others stupid and misinformed, and never want to see anything that is not in frame of his own wishful thinking. KNCminer stated refund cutoff policy is to permit refunds until shipment, if they have cut off refunds without stating another policy, then they obviously consider that the orders are in shipment phase. No wonder you are on so many ignore lists, I wouldn't have seen your stupid post if someone hadn't quoted it. |
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(...)
Not trolling just disappointed in their business practice when they say they or someone says they are supposedly offering refunds up until shipping, and I actually asked for the refund before they decide to post the shit on their site that they are in full production and I confront them here in the forum with a pic of their e-mail reply. and I have other emails asking about vat info and sales conformation on my phone. Sad part is im needing it because of a family matter.
..indeed shady behavior KnC. Kaliecious, call them and ask whether their statements are worth nothing, they said 'refund until shipment'...means until there's a tracking id, no ? Further more it's an European company, there are laws you cannot get around by saying 'business use only' (assumption, I'm no lawyer). *let's support this guy for our own purpose...each unit refunded lowers the spike, it's a win win! If KNCminer are using a 3rd. party for picking and shipment, like a high volume fulfillment house, then they probably consider the sale out of their hands once the send the order to that 3rd party. Sounds like you are arguing about a theoretical technicality, why in their right mind would anyone wait to get a refund on the eve of shipment? |
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The prototype seems to be ready on 29th (Sunday) https://bitcointalk.org/index.php?topic=170332.msg3240278#msg3240278they might want to show one to Bitcoinorama as well to chill down everyone and on Monday 30th the first assembled miners are being shipped. When cloudhashing then receives units on next day, Oct. 1st, puts them immediately online (pre-configured) during the morning, the count down on their website would fit into the picture. maybe byteminr http://eepurl.com/FRl6f has no day1/2 orders, therefore he is a little bit later in business ? So why haven't we seen a photo of the chips yet? If they haven't arrived yet, then it's unlikely cloudhashing will be doing much on Tuesday. We did see a photo of the chips. And if they do arrive on Sunday wherever they have to be to put some into a prototype maybe they will photograph them, maybe even hashing in the prototype. Opening them up on the airplane in transit might not be all that cool an idea, afterall... Heck maybe they'll arrive friday night, or saturday, allowing many hours to get that prototype ready by sunday ... while production units spew out of conveyor belts... Gosh they might even arrive tonight! If so why would it take all the way to sunday to get a prototype ready? -MarkM- Where is the photo of the chips, I can't find it? |
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The prototype seems to be ready on 29th (Sunday) https://bitcointalk.org/index.php?topic=170332.msg3240278#msg3240278they might want to show one to Bitcoinorama as well to chill down everyone and on Monday 30th the first assembled miners are being shipped. When cloudhashing then receives units on next day, Oct. 1st, puts them immediately online (pre-configured) during the morning, the count down on their website would fit into the picture. maybe byteminr http://eepurl.com/FRl6f has no day1/2 orders, therefore he is a little bit later in business ? So why haven't we seen a photo of the chips yet? If they haven't arrived yet, then it's unlikely cloudhashing will be doing much on Tuesday. |
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its also fair to say current designs and the selected process nodes are more likely geared for performance/mm² (per $) than power efficiency. Not that I expect an order of magnitude difference, but more than doubling efficiency at the expense of performance per mm² or $ might not be out of reach with downclocking/volting and a LP process Maybe even a redesign if that would be worth it.
Agreed. Also Bitfury might also be able to get to ~0.4 J/GH with a die shrink to 28nm as they have very impressive specs for 55nm. Still anything outside the realm of a magnitude or more in efficiency improvement means that 1 PH/s is going to consume an insane amount of power. Cut the 800KW in half, even 400KW is still 1,700 amps @ 240V. Then remember energy in = energy out. Most people don't think about heat in KW but 400KW is 1.4 million BTU/hr. To put that number an average size furnace is 60K to 80K BTU/hr. We are talking about something like this for cooling.  And what's the air conditioning cost of cooling 1.4million BTU/hr? |
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Well there'll be ROI, just negative (if we are unlucky). You all mean break-even, right?  According to the genesis block, no. No breaking even unless hash rate increase or BTC price increase. And it also doesn't factor in the effect of your KNCminer purchase has on the hash rate. |
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Is there any reason why KNC would keep the volume of pre-sales secret? I mean, I'm not interested in their profit, but I'm interested in the projected hashing power they will bring to the network.
I would imagine all the ASIC vendors not to give out their sales figures to the world unless they were a public company under legislation to report such things. It would help their competition do a SWOT analysis. |
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Coinchoose are on block 251903 but it says the difficulty is 249 Go figure!
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I am surprised KNCminer haven't shown us a working prototype by now. It's almost the end of September and they would need a few days to assemble all the units promised for day 1 shipments.
no chips in hand = no final prototypes. However that may not be the same answer within the next 2-4 days. (fingers crossed) That's what I mean, I am surprised that they don't have the chips in hand already, with so few days of September left. |
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Another thing: please avoid trading until the issue settles. We requested cryptsy to suspend the trading until the issue settles, over a day ago, but it is still trading. When the main chain is blocked, the transactions can not be confirmed. So it's better to wait for everything to settle.
just pointed bitjohn to this post and he has paused trading on IFC About time! No point trying to continue with transactions when not everyone is on the same chain. |
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