ASIC-K
Sr. Member
 Offline
Activity: 280
Merit: 250
Hell?
|
 |
November 05, 2013, 04:21:09 PM |
|
|
|
|
|
|
|
|
|
Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
CYPER
|
|
November 05, 2013, 04:25:13 PM |
|
Anyone tried to call KNC today?
I've been trying for the past 3 hours with over 15 attempts and nobody is answering.
|
|
|
|
|
chrono030
Member
Offline
Activity: 114
Merit: 10
|
|
November 05, 2013, 04:27:24 PM |
|
If KNC actually had product in hand, ready to be shipped out I would almost give that a though for another Saturn or even a Jupiter, but they really need to lower their prices. Who's going to buy a 400Gh/s machine for $5000?
Good units are hitting about 550 gh/s. Some people receive lemons that end up hashing around 300-500 gh/s. Right now, there is hardly any competition on the 28NM process node - given that hashfash and cointerra have gone rogue. |
|
|
|
|
Phoenix1969
Legendary
Offline
Activity: 938
Merit: 1000
LIR DEV
|
|
November 05, 2013, 05:17:03 PM
Last edit: November 05, 2013, 05:46:04 PM by Phoenix1969 |
|
Anyone know whats going on with the gen 2s? Have they started production yet? Or are they still finishing up shipping gen 1s?
You're kidding.....right? Gen 1.5 first, for November.... |
|
|
|
Phoenix1969
Legendary
Offline
Activity: 938
Merit: 1000
LIR DEV
|
|
November 05, 2013, 05:20:33 PM |
|
KNC is the number 1 contrib to the Elgius pool.
I don't know if i should feel good or bad about it.
Would be nice if they could shut down for a few days , dificulty jump comming. Hashrate of the network already going down for it on bitcoin watch.
Looks like it's going to be 515k
If all the KNC's shut down for a couple days on eligius, after a diffchange, eligius would have the longest blocks in history, and you would surely loose more than if the KNC's were there... It's harder to find blocks after a change, thats why its actually called a "difficulty increase"....its harder, without that extra hashpower, it will take eternity. If you like blocks that take forever....try slush... the payments are bigger, but blocks are harder to find. That's just how pool size & difficulty works... Another note BAD RESULTS with 0.98.1 production... Big "Dwindledown" this time... going back to beta.... Anyone try the new Cklovas code?.. |
|
|
|
jelin1984
Legendary
Offline
Activity: 2408
Merit: 1004
|
|
November 05, 2013, 06:13:15 PM |
|
i used cgminer 3.7.1 at my chilli board
at hashing drop a lot
|
|
|
|
|
ASIC-K
Sr. Member
Offline
Activity: 280
Merit: 250
Hell?
|
|
November 05, 2013, 06:15:12 PM |
|
Anyone know whats going on with the gen 2s? Have they started production yet? Or are they still finishing up shipping gen 1s?
You're kidding.....right? Gen 1.5 first, for November.... i don't think he knows what "gen" means. lol |
|
|
|
|
ASIC-K
Sr. Member
Offline
Activity: 280
Merit: 250
Hell?
|
|
November 05, 2013, 06:16:31 PM |
|
KNC is the number 1 contrib to the Elgius pool.
I don't know if i should feel good or bad about it.
Would be nice if they could shut down for a few days , dificulty jump comming. Hashrate of the network already going down for it on bitcoin watch.
Looks like it's going to be 515k
If all the KNC's shut down for a couple days on eligius, after a diffchange, eligius would have the longest blocks in history, and you would surely loose more than if the KNC's were there... It's harder to find blocks after a change, thats why its actually called a "difficulty increase"....its harder, without that extra hashpower, it will take eternity. If you like blocks that take forever....try slush... the payments are bigger, but blocks are harder to find. That's just how pool size & difficulty works... Another note BAD RESULTS with 0.98.1 production... Big "Dwindledown" this time... going back to beta.... Anyone try the new Cklovas code?.. +1 i went back to beta as well and its much better, no dwindle down. |
|
|
|
|
sickpig
Legendary
Offline
Activity: 1260
Merit: 1008
|
|
November 05, 2013, 06:25:35 PM |
|
Another note
BAD RESULTS with 0.98.1 production...
Big "Dwindledown" this time...
going back to beta....
after how many hours you notice the performance drop? |
Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
|
|
|
|
xstr8guy
|
|
November 05, 2013, 06:27:42 PM |
|
Anyone know whats going on with the gen 2s? Have they started production yet? Or are they still finishing up shipping gen 1s?
You're kidding.....right? Gen 1.5 first, for November.... i don't think he knows what "gen" means. lol He should have said "second batch". I think we all know what he meant. |
|
|
|
|
|
poewerden
|
|
November 05, 2013, 06:35:14 PM |
|
If KNC actually had product in hand, ready to be shipped out I would almost give that a though for another Saturn or even a Jupiter, but they really need to lower their prices. Who's going to buy a 400Gh/s machine for $5000?
Dont worry, they will lower their prices, but only after people stop ordering.  Why lowering prices when people willing pay for it 5 grand ? |
|
|
|
|
Phoenix1969
Legendary
Offline
Activity: 938
Merit: 1000
LIR DEV
|
|
November 05, 2013, 06:35:30 PM |
|
Another note
BAD RESULTS with 0.98.1 production...
Big "Dwindledown" this time...
going back to beta....
after how many hours you notice the performance drop? I waited overnight... the 3 sats lost over 60Gh/s overnight.... The moment I re-loaded beta... back to the sky... |
|
|
|
Biffa
Legendary
Offline
Activity: 3220
Merit: 1220
|
|
November 05, 2013, 06:37:35 PM |
|
Anyone try the new Cklovas code?..
Running 3.7.2 with 0.96 firmware no problem |
|
|
|
Phoenix1969
Legendary
Offline
Activity: 938
Merit: 1000
LIR DEV
|
|
November 05, 2013, 06:38:31 PM |
|
Anyone try the new Cklovas code?..
Running 3.7.2 with 0.96 firmware no problem nice..... rates?...dwindledown...? |
|
|
|
eiliant
Member
Offline
Activity: 84
Merit: 10
|
|
November 05, 2013, 07:19:38 PM |
|
Used to be about 540-560GH/s on my hosted Jup. Now after the latest update, seems to now dropped to 490-500GH/s.
Kinda shitty. Needs for a way to opt in or out of firmware updates. They just seem to mass apply it to all hosted miners.
Agreed. On a side note, KNC Pool speed is currently 2.8TH/s. |
|
|
|
|
11
Newbie
Offline
Activity: 17
Merit: 0
|
|
November 05, 2013, 07:27:34 PM |
|
To All and specially to Bitcoinorama. Today marks the beginning of my positive ROI after I sold the proceed of 29 days of mining (59 BTC with 2 Jup). My wife cannot complain anymore about that investment she does not really trust or understand. But starting now everything is mine (Pun intended). So I would like to congratulate my fellow miners with their wise decision and the luck that has come with the BTC sharp rise. Also, a well deserved KUDOS for Bitcoinorama. The time he spent inquiring about KNC and other companies in this forum has been just mesmerizing  Now my expectations from KNC are very simple, they proved to our community they could deliver a product on time: A World Premier. Can they play the transparency card now??? Can they share with us the amount GH/s they sold??? I do not have to be a math genius to understand the premise of the current HASH WAR!!! The cake is not expending but the money invested in that new industry is. I really do not want to be a buy and hold BTC investors but the lack of clarity does not justify that kind of investment anymore. From that perspective, Crumbs has been so right it is not even funny. I do not want to be the thanksgiving turkey of our dear minermakers. KNC Do you hear me, we want more transparency!!!! |
|
|
|
|
|
CYPER
|
|
November 05, 2013, 07:39:23 PM |
|
they proved to our community they could deliver a product on time: A World Premier.
Consider yourself lucky then for not enduring a delay, because some of us did. 2 weeks can make a huge difference: you are making profit already and I'm at less than 10% of ROI. |
|
|
|
|
Tigggger
Legendary
Offline
Activity: 1098
Merit: 1000
|
|
November 05, 2013, 07:49:23 PM
Last edit: November 05, 2013, 08:45:45 PM by Tigggger |
|
Today marks the beginning of my positive ROI after I sold the proceed of 29 days of mining (59 BTC with 2 Jup). My wife cannot complain anymore about that investment she does not really trust or understand. You might have broken even in $ terms, but that misses the point of the machines, and is the fallacy that keeps people buying all these ASIC machines (and stops wives complaining  ) You paid around 120BTC until it gives you that many back it's not a good investement If you insist on thinking in $, if you hadn't bought the machines you'd now have $28,000. |
|
|
|
ASIC-K
Sr. Member
Offline
Activity: 280
Merit: 250
Hell?
|
|
November 05, 2013, 07:54:26 PM |
|
Today marks the beginning of my positive ROI after I sold the proceed of 29 days of mining (59 BTC with 2 Jup). My wife cannot complain anymore about that investment she does not really trust or understand. You might have broken even in $ terms, but that misses the point of the machines, and is the fallacy that keeps people buying all these ASIC machines (and stops wives complaining ) You paid around 120BTC until it gives you that many back it's not a good investement If you insist on thinking in $, if you hadn't bought the machines you'd now have $14,000. you just have to shit all over everything, don't you? jesus. |
|
|
|
|
chrono030
Member
Offline
Activity: 114
Merit: 10
|
|
November 05, 2013, 07:59:11 PM |
|
Today marks the beginning of my positive ROI after I sold the proceed of 29 days of mining (59 BTC with 2 Jup). My wife cannot complain anymore about that investment she does not really trust or understand. You might have broken even in $ terms, but that misses the point of the machines, and is the fallacy that keeps people buying all these ASIC machines (and stops wives complaining ) You paid around 120BTC until it gives you that many back it's not a good investement If you insist on thinking in $, if you hadn't bought the machines you'd now have $14,000. That's a bit confusing... he would have about 28,800 - 14000 invested = 14800 profit. Same difference, it just may lead some people to the wrong conclusion. |
|
|
|
|
|
