btc_uzr
Sr. Member
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Activity: 476
Merit: 250
let's have some fun
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October 16, 2013, 08:12:18 PM |
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(...)
The faster they ship, the worse it just gets anyway. It's clearly a no-win scenario now.
550GH/s = 1BTC a month @ diff 8.600M (= 62PH/s) and below 1W per GH/s so long term looks way better than though when placing the order  and when you consider cointerrra's best offer right now it means: 62PH/s => 62*(500*2TH/s@$6.000)= $372.000.000 for hardware until we reach the point of electricity costs in some areas for running KnC devices from first gen My magic eightball tells me to put my tinfoil hat on and sit the next few months out. I see my orders as heating machines. I have to heat with electricity either way... Just a little more expensive  Just remember you could have bought twice the amount of BTC if you look back and this plays out. buying BTC was, as far as I know, in the hole history of BTC always the better choice and for sure it consumes a fraction of time, no electricity bill, no replacement parts, no noise, no fires, you can hide it easily, you can sell it in no time so if one is in this game for profit *only*: why the hell does he *mine* coins ?? |
..and Thou shalt spread the coin in the name of cryptography for eternity
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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timmmers
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October 16, 2013, 08:12:52 PM |
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Mine now says: Order #6xxx In progress (Payed)
We shall see for how long.
Add it to your last will and testament just to be safe |
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Its About Sharing
Legendary
Offline
Activity: 1442
Merit: 1000
Antifragile
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October 16, 2013, 08:14:38 PM |
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 Got my tracking Number today, looks like DHL for us - Paid July 11th for people wondering. Wooohooo Nice that they started on July orders. But they are essentially a month behind? It is probably going to take them at least a week to get to August orders due to ship "by Oct 15" and with the difficulty level rising the way it is, that extra 10 days or so, is just going to kill things, not that the last difficulty already didn't. But, here is hoping! IAS |
BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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Bitcoinorama
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October 16, 2013, 08:15:30 PM |
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Dude the hashrate is about to level out for a bit not, continue growing like this for a while. This has been the first shipment of a major die shrink. If anything it shows the genesis block was way off base all along, as I previously stated. This will be a huge step up over a couple of weeks and then there won't be anything in such a huge multiple in one go on to make such a marked effect on the hashrate again for sometime. More a plateau You certainly won't see a doubling of the current hashrate as it stands after the KnC delivery for a while yet, even during their November shipment. If they were to ship anywhere near what they shipped just now, it'll increase the current hashrate by a proportion, not a multiple due to the cumulative effect of this wave.
You can only really prove that statement by stating exactly what the size of the orderbook (in TH/s) is for October and November delivery. Which I don't have access to, but seeing as the deliveries are by and large reflected in the hashrate it's out there anyway. Not trolling, but that statement is reminiscent of something Josh would say :-) Well their orderbook is not a large physical book they leave open on a desk somewhere, i'm imagine it is electronic and secure, as such sorry mate I cannot tell you as I don't know the answer. |
Make my day! Say thanks if you found me helpful BTC Address ---> 1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp |
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DimensionsOfHell
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October 16, 2013, 08:17:59 PM |
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5% is 5%... in the end, it's not 5%. Dishonest or misleading at the very least. In the end, it's 105%, exactly as advertised. Hey Luke-Jr, haven't seen you active on this thread in a while (or have I just not noticed?). Have you received your KnCminer yet? Should we be expecting some kind of BFG support sometime soon? One with not so high of an error rate? :-) Still waiting on my 51XX order >_< EDIT: Just seen my order now saying In Progress. Now I start the second phase of the waiting game... |
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Slartybardfast
Newbie
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Activity: 51
Merit: 0
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October 16, 2013, 08:18:08 PM |
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Hey Orama have you got your miner yet?
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crumbs
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October 16, 2013, 08:19:26 PM |
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Dude the hashrate is about to level out for a bit not, continue growing like this for a while. This has been the first shipment of a major die shrink. If anything it shows the genesis block was way off base all along, as I previously stated. This will be a huge step up over a couple of weeks and then there won't be anything in such a huge multiple in one go on to make such a marked effect on the hashrate again for sometime. More a plateau You certainly won't see a doubling of the current hashrate as it stands after the KnC delivery for a while yet, even during their November shipment. If they were to ship anywhere near what they shipped just now, it'll increase the current hashrate by a proportion, not a multiple due to the cumulative effect of this wave.
You can only really prove that statement by stating exactly what the size of the orderbook (in TH/s) is for October and November delivery. Which I don't have access to, but seeing as the deliveries are by and large reflected in the hashrate it's out there anyway. Not trolling, but that statement is reminiscent of something Josh would say :-) Well their orderbook is not a large physical book they leave open on a desk somewhere, i'm imagine it is electronic and secure, as such sorry mate I cannot tell you as I don't know the answer. Then why tell us that the hashrate is going to level off? You don't even have the info on KNC orders, much less on Bitfury, BFL, Hasfast, Cointerra, etc., etc. |
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The Avenger
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October 16, 2013, 08:23:28 PM |
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Mine now says: Order #6xxx In progress (Payed)
We shall see for how long.
We've gone through 4xxx to 6xxx in one day? Damn those Swede's work hard. |
"I am not The Avenger"
1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
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donch
Member
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Activity: 84
Merit: 10
Updated ironic image.
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October 16, 2013, 08:25:14 PM |
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Well their orderbook is not a large physical book they leave open on a desk somewhere, i'm imagine it is electronic and secure, as such sorry mate I cannot tell you as I don't know the answer.
Ask Sam for the answer? This image does not reassure me, based on the last 9 months evidence:  |
"How are you justifying these as fair use? They are clearly and unequivocally a copyright violation."
"I really want to know how you justify that under the fair use doctrine? It does not conform to a single point of fair use."
Josh whining about people reusing his studio portrait shot on this forum. Can you copyright a copyright complaint? All Paypal refunds are final.
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spiccioli
Legendary
Offline
Activity: 1378
Merit: 1003
nec sine labore
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October 16, 2013, 08:26:05 PM |
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Well their orderbook is not a large physical book they leave open on a desk somewhere, i'm imagine it is electronic and secure, as such sorry mate I cannot tell you as I don't know the answer.
I don't know if it is electronic and secure but I can tell you their order book is a mess, because they're shipping completely out of payment order! It's not even that they cannot build units fast enough, they're building them but then they ship those units randomly. And the order book is not the worst thing! Hosting is where they're shining right now given how they're royally screwing those who paid for it and which either have underperforming units nobody cares for or don't even have their unit available, which is my situation. spiccioli |
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DimensionsOfHell
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October 16, 2013, 08:27:06 PM |
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Mine now says: Order #6xxx In progress (Payed)
We shall see for how long.
We've gone through 4xxx to 6xxx in one day? Damn those Swede's work hard. Only thing they've gone through is marking all the orders as in progress. I want my tracking numberrrrrrr :-D Or better yet, a surprise that my miner shows on my door step before Friday :-) |
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The Avenger
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October 16, 2013, 08:28:45 PM |
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Mine now says: Order #6xxx In progress (Payed)
We shall see for how long.
We've gone through 4xxx to 6xxx in one day? Damn those Swede's work hard. Only thing they've gone through is marking all the orders as in progress. I want my tracking numberrrrrrr :-D Or better yet, a surprise that my miner shows on my door step before Friday :-) I was kinda joking I mean, why would they need 3-5 more days, right? That was today's news. |
"I am not The Avenger"
1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
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The Avenger
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October 16, 2013, 08:30:52 PM |
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"I am not The Avenger"
1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
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timmmers
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October 16, 2013, 08:35:29 PM |
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1 euro plus postage That is the quickest loss of money on mining gear I ever saw. Bidding over 6k on a rig just as the difficulty rockets making it very unlikely ever to break even. They must not have checked. |
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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October 16, 2013, 08:36:52 PM |
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Hey Orama have you got your miner yet?
Well Orama? |
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Bitcoinorama
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October 16, 2013, 08:38:29 PM |
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Hey Orama have you got your miner yet?
Well Orama? No I currently have a dev board with two missbehaving modules i'm testing beaglebones on with the new firmware update. |
Make my day! Say thanks if you found me helpful BTC Address ---> 1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp |
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joeventura
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October 16, 2013, 08:40:35 PM |
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UPS has a feature where they email you with a tracking number. DHL doesn't automatically do that. Mine came directly from KNC in order to shut me up (I imagine).
Same here. I asked for and paid for UPS shipping and got DHL (don't know whether that is good or bad) and it was shipped on the 16th, not the 15th as they had indicated. |
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klee
Legendary
Offline
Activity: 1498
Merit: 1000
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October 16, 2013, 08:40:49 PM |
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Hey Orama have you got your miner yet?
Well Orama? No I currently have a dev board with two missbehaving modules i'm testing beaglebones on with the new firmware update. Jesus.. EDIT: After all is said and done KnC scored 50/100 IMHO... |
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Syke
Legendary
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Activity: 3878
Merit: 1193
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October 16, 2013, 08:42:16 PM |
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Dude the hashrate is about to level out for a bit not, continue growing like this for a while.
Quoted so I'll have something to laugh at after a couple more crazy adjustments. |
Buy & Hold
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