Bitcoin Forum
November 24, 2017, 12:57:20 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 [118] 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 ... 2138 »
  Print  
Author Topic: Swedish ASIC miner company kncminer.com  (Read 3012425 times)
qiuness
Sr. Member
****
Offline Offline

Activity: 476



View Profile
June 12, 2013, 02:05:11 PM
 #2341

i`m thinking where many have failed one will prevail, and from the looks of it the guys at knc just might do it, even if people are foreseeing delays until november or december.
thanks for the update bitcoinorama

=

                 ▒▓▓████████▓▓▒                   
            ▒▓█████████████████████▒             
         ▒█████████▓▒▒▒▒▒▒▒▓▓█████████▓
       ▓██████▓▒                 ▓██████▓         
     ▒█████▓                        ▓█████▓         
    █████▓████████████████████████████▓█████▒         
  ▒█████                                ▓████▒       
  ████▓                                  ▓████▒       
 ▓████                                    ▓████▒                                                           
▓████                             █▓▓▓▓    ████▓                    ▓██                               ▓████                   
████▓                             █▓▓▓     ▓███▓                    ███▓                              ▓███▓
████▒                          ▓█ █▓      ▓████                    ███▓                                   
████▒          █▓█ ▓         █▓            ▓████       ░▒▓▓█▓▓▓▒    ███▓  ▒▓▓▓▓▓▓░      ░▒▓▓▓▓▓▓▒░    ▒▓▓▓▒  ▓▓▓▒░░▒▓▓▓▓▓▒░
████▓        ██     █▓    █▓█              ▓████     ▒█████▓▓████▓  ███▓▓███▓██████▒  ▒████▓▓▓▓████▒  ▒███▒  ███▓▓███▓█████▓
▓██████████▓▓█████████▓▒▒▓▓████████████████████▓    ▓███░░    ░▓██▓ ████▓░     ░▓███  ▒▓▓▒░    ░▓███  ▒███▒  ████▓      ▒███▓
 ████▓  █▓█                              ▒████     ███▒            ███▓░       ▒███     ░░░░░░░▒███  ▒███▒  ███▓        ▓██▓
 ▒████▓▓                                 ▒████▓     ███▒            ███▓        ░███ ░▒▓████████████  ▒███▒  ███▓        ▓██▓
  ▓████▓                                ▒████▓      ███▒            ███▓        ░███ ▓███▒░     ▒███  ▒███▒  ███▓        ▓██▓ 
   ▒█████▒                             █████▓       ▓███░      ▒███ ███▓        ░███ ▓██▓░     ░▓███  ▒███▒  ███▓        ▓██▓ 
    ▒█████▓▒                         ██████         ░▓███▓▒▒▒▒▓███▓ ███▓        ░███  ████▒░░░▒█████  ▒███▒  ███▓        ▓██▓
      ▒██████▓                    ▒██████▓             ░▓███████▓▒   ███▓        ░███  ░▒██████▓▒░███░ ▒███▒  ███▓        ▓██▓
        ▒████████▓▒          ▒▓██████████▓
           ▒████████████████████████▓██████▒
              ▒▒▓██████████████▓▓     ▒█████▓░
                                        ▒████▓▒
                                          ▓████▒
                                           ▒█████
                                             ▓████▓
                                               ████▓▒
                                                ▒████▓
                                                  ▓███
 
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
     Decentralized Marketing and Advertising Platform     
[] Ease of use and Flexibility [] Excellent value proposition [] Data privacy and security
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
Telegram Reddit
Twitter     ■ANN thread
Facebook
Whitepaper
Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511485040
Hero Member
*
Offline Offline

Posts: 1511485040

View Profile Personal Message (Offline)

Ignore
1511485040
Reply with quote  #2

1511485040
Report to moderator
1511485040
Hero Member
*
Offline Offline

Posts: 1511485040

View Profile Personal Message (Offline)

Ignore
1511485040
Reply with quote  #2

1511485040
Report to moderator
1511485040
Hero Member
*
Offline Offline

Posts: 1511485040

View Profile Personal Message (Offline)

Ignore
1511485040
Reply with quote  #2

1511485040
Report to moderator
merv77
Sr. Member
****
Offline Offline

Activity: 476


1.21 GIGA WATTS


View Profile
June 12, 2013, 02:19:55 PM
 #2342

thanks for giving up your time and money to make all of us who's invested in KnC miners sleep a little better.

you're a genlteman and a scholar Bitcoinorama

Cheers
rizzman
Full Member
***
Offline Offline

Activity: 196



View Profile
June 12, 2013, 02:26:14 PM
 #2343

Bitcoinrama, Thanks dude. let me know where I can send you some bitcents for your troubles. --- Nevermind, just saw your address... .10 btc en route
bitpop
Legendary
*
Offline Offline

Activity: 2184


https://keybase.io/bitpop


View Profile WWW
June 12, 2013, 02:32:59 PM
 #2344

Congrats $1k!

Reputation  |  PGP  |  DigitalOcean  |  TorGuard  |  Ethereum Classic
Bitcoin: 3DSh6AnmvBpDJFUz2mnLirMLmTMcFs9nDm
Bitmessage: BM-2cXN9j8NFT2n1FxDVQ6HQq4D4MZuuaBFyb
qiuness
Sr. Member
****
Offline Offline

Activity: 476



View Profile
June 12, 2013, 03:17:59 PM
 #2345

i compiled a short list of what would happen if:
miners would be delivered end of September and the difficulty will continue to rise 25% every 11 days (re-target time)
In my opinion, this is the more pessimistic view... i'm guessing the difficulty increase will level off towards the end of the year.

The -Mining should have been mining hardware cost

EDIT: is there a site that shows how much the difficulty rose every 11 days and has a history?
EDIT2: this calculation is done @ 108$/BTC


=

                 ▒▓▓████████▓▓▒                   
            ▒▓█████████████████████▒             
         ▒█████████▓▒▒▒▒▒▒▒▓▓█████████▓
       ▓██████▓▒                 ▓██████▓         
     ▒█████▓                        ▓█████▓         
    █████▓████████████████████████████▓█████▒         
  ▒█████                                ▓████▒       
  ████▓                                  ▓████▒       
 ▓████                                    ▓████▒                                                           
▓████                             █▓▓▓▓    ████▓                    ▓██                               ▓████                   
████▓                             █▓▓▓     ▓███▓                    ███▓                              ▓███▓
████▒                          ▓█ █▓      ▓████                    ███▓                                   
████▒          █▓█ ▓         █▓            ▓████       ░▒▓▓█▓▓▓▒    ███▓  ▒▓▓▓▓▓▓░      ░▒▓▓▓▓▓▓▒░    ▒▓▓▓▒  ▓▓▓▒░░▒▓▓▓▓▓▒░
████▓        ██     █▓    █▓█              ▓████     ▒█████▓▓████▓  ███▓▓███▓██████▒  ▒████▓▓▓▓████▒  ▒███▒  ███▓▓███▓█████▓
▓██████████▓▓█████████▓▒▒▓▓████████████████████▓    ▓███░░    ░▓██▓ ████▓░     ░▓███  ▒▓▓▒░    ░▓███  ▒███▒  ████▓      ▒███▓
 ████▓  █▓█                              ▒████     ███▒            ███▓░       ▒███     ░░░░░░░▒███  ▒███▒  ███▓        ▓██▓
 ▒████▓▓                                 ▒████▓     ███▒            ███▓        ░███ ░▒▓████████████  ▒███▒  ███▓        ▓██▓
  ▓████▓                                ▒████▓      ███▒            ███▓        ░███ ▓███▒░     ▒███  ▒███▒  ███▓        ▓██▓ 
   ▒█████▒                             █████▓       ▓███░      ▒███ ███▓        ░███ ▓██▓░     ░▓███  ▒███▒  ███▓        ▓██▓ 
    ▒█████▓▒                         ██████         ░▓███▓▒▒▒▒▓███▓ ███▓        ░███  ████▒░░░▒█████  ▒███▒  ███▓        ▓██▓
      ▒██████▓                    ▒██████▓             ░▓███████▓▒   ███▓        ░███  ░▒██████▓▒░███░ ▒███▒  ███▓        ▓██▓
        ▒████████▓▒          ▒▓██████████▓
           ▒████████████████████████▓██████▒
              ▒▒▓██████████████▓▓     ▒█████▓░
                                        ▒████▓▒
                                          ▓████▒
                                           ▒█████
                                             ▓████▓
                                               ████▓▒
                                                ▒████▓
                                                  ▓███
 
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
     Decentralized Marketing and Advertising Platform     
[] Ease of use and Flexibility [] Excellent value proposition [] Data privacy and security
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
Telegram Reddit
Twitter     ■ANN thread
Facebook
Whitepaper
sickpig
Legendary
*
Offline Offline

Activity: 1218


View Profile
June 12, 2013, 03:31:19 PM
 #2346

i compiled a short list of what would happen if:
miners would be delivered end of Setember and the difficulty will continue to rise 25% every 11 days (re-target time)


good work thanks :-)
 
Obviously I hope that the difficulty will not maintain the current growth rate, wishful thinking probably.

In any case, if we have our rigs in time we will draw a good profit notwithstanding the growth steepness

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
cheech300
Sr. Member
****
Offline Offline

Activity: 311


NEIN, ICH BIN DER BITCOIN!


View Profile
June 12, 2013, 03:44:53 PM
 #2347

That's what we also expected in September, the diff.... we are counting is between 75 and 150 millions...
wowc8
Member
**
Offline Offline

Activity: 67


View Profile
June 12, 2013, 03:45:31 PM
 #2348

i compiled a short list of what would happen if:
miners would be delivered end of Setember and the difficulty will continue to rise 25% every 11 days (re-target time)


good work thanks :-)
 
Obviously I hope that the difficulty will not maintain the current growth rate, wishful thinking probably.

In any case, if we have our rigs in time we will draw a good profit notwithstanding the growth steepness


My bet is that this does not stay linear.  Nothing ever does.  The only way that this would continue to grow at the same rate is if more powerful mining machines continue to be released.  I don't see that happening in that short amount of time, therefore I expect the diff to plateau a bit.  Probably rendering the more common GH/s units, either the 5GH/s or the 50GH/s units, into the profit realm of 5 to 10 dollars per day just like what is the case with the HD7970 GPUs today.  There will definitely be a saturation point where people choose not to run their units because they don't make a profit.

WDC: WbKQxmmJJTxTi9kFQ8JSDX4aAui1V6kN9H BTC: 13EosxXnBbkjfWrH85APkWp4RFLHiu9qys
bitpop
Legendary
*
Offline Offline

Activity: 2184


https://keybase.io/bitpop


View Profile WWW
June 12, 2013, 03:45:34 PM
 #2349

Bitcoindifficulty.com Blockchain.info

Reputation  |  PGP  |  DigitalOcean  |  TorGuard  |  Ethereum Classic
Bitcoin: 3DSh6AnmvBpDJFUz2mnLirMLmTMcFs9nDm
Bitmessage: BM-2cXN9j8NFT2n1FxDVQ6HQq4D4MZuuaBFyb
sickpig
Legendary
*
Offline Offline

Activity: 1218


View Profile
June 12, 2013, 03:53:25 PM
 #2350

Bitcoindifficulty.com Blockchain.info

sorry bro I know I should mind my own business but why are you posting the same url twice in a few minutes? I can assure you that who is following this thread is likely doing the same with the KnC openday thread, no?

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
bitpop
Legendary
*
Offline Offline

Activity: 2184


https://keybase.io/bitpop


View Profile WWW
June 12, 2013, 03:55:24 PM
 #2351

I apologize but this time I was replying to the guy just earlier..

Quote
EDIT: is there a site that shows how much the difficulty rose every 11 days and has a history?

Reputation  |  PGP  |  DigitalOcean  |  TorGuard  |  Ethereum Classic
Bitcoin: 3DSh6AnmvBpDJFUz2mnLirMLmTMcFs9nDm
Bitmessage: BM-2cXN9j8NFT2n1FxDVQ6HQq4D4MZuuaBFyb
sickpig
Legendary
*
Offline Offline

Activity: 1218


View Profile
June 12, 2013, 04:14:49 PM
 #2352

I apologize but this time I was replying to the guy just earlier..

Quote
EDIT: is there a site that shows how much the difficulty rose every 11 days and has a history?

Sorry then Grin

I didn't notice OP edit his post asking for difficulty data source

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
Rora
Sr. Member
****
Offline Offline

Activity: 253



View Profile
June 12, 2013, 04:23:54 PM
 #2353

The difficulty will even out and wont keep to its current 30+% difficulty increase once most of the ASICs are released. I think we are in for a MASSIVE difficulty change and then a slow in increase.

           ▄▄▄▄▄▄▄
      ▄▄█████████████▄▄
    ▄█████▀▀▀▀▀▀▀▀▀█████▄
   ██████ ▄████▀  ▄███████
  ████████████   ██████████
 ▐██████████▀  ▄███████████▌
 ██████████   █████▀████████
 ████████▀  ▄████▀  ███████▌
  ███████▄▄▄▄▄▄▄▄▄▄████████
   ████████▀▀▀▀▀▀▀▀███████
    ▀████████▄  ▄███████▀
      ▀▀█████████████▀
           ▀▀▀▀▀▀▀
           ▄▄▄▄▄▄▄
      ▄▄█████████████▄▄
    ▄█████▀▀▀▀▀▀▀▀▀█████▄
   ██████ ▄████▀  ▄███████
  ████████████   ██████████
 ▐██████████▀  ▄███████████▌
 ██████████   █████▀████████
 ████████▀  ▄████▀  ███████▌
  ███████▄▄▄▄▄▄▄▄▄▄████████
   ████████▀▀▀▀▀▀▀▀███████
    ▀████████▄  ▄███████▀
      ▀▀█████████████▀
           ▀▀▀▀▀▀▀
ANN THREAD
▬▬▬▬
BOUNTY
TWITTER
▬▬▬▬
FACEBOOK
SLACK
▬▬▬▬
TELEGRAM
MEDIUM
▬▬▬▬
LINKEDIN
           ▄▄▄▄▄▄▄
      ▄▄█████████████▄▄
    ▄█████▀▀▀▀▀▀▀▀▀█████▄
   ██████ ▄████▀  ▄███████
  ████████████   ██████████
 ▐██████████▀  ▄███████████▌
 ██████████   █████▀████████
 ████████▀  ▄████▀  ███████▌
  ███████▄▄▄▄▄▄▄▄▄▄████████
   ████████▀▀▀▀▀▀▀▀███████
    ▀████████▄  ▄███████▀
      ▀▀█████████████▀
           ▀▀▀▀▀▀▀
merv77
Sr. Member
****
Offline Offline

Activity: 476


1.21 GIGA WATTS


View Profile
June 12, 2013, 04:38:40 PM
 #2354

i compiled a short list of what would happen if:
miners would be delivered end of September and the difficulty will continue to rise 25% every 11 days (re-target time)
In my opinion, this is the more pessimistic view... i'm guessing the difficulty increase will level off towards the end of the year.

The -Mining should have been mining hardware cost

EDIT: is there a site that shows how much the difficulty rose every 11 days and has a history?
EDIT2: this calculation is done @ 108$/BTC
This prediction could be accurate, and I'm a newbie with all this crypto-currency business so I probably do understand enough.
But with these predictions the difficulty reaching 4 billion in less than a year, what's realistically going happen to Bitcoin???

Could any or all of the following happen?
1. Miners play game of chicken and wait for some miners to switch off unprofitable rigs, hopefully making profitable again.
2. Bitcoin value rises dramatically especially because fewer coins are being found, hopefully making profitable again.
3. Compulsory transaction fees introduced to keep miners rigs switch on and hash rate's high for a more secure Bitcoin network, therefore making profitable again.

Don't forget cost of electricity. a 350GH/s Jupiter supposedly consumes 1000 Watts.

Also, the companies solely in the business of producing mining hardware going still be around when difficulty is in the multi-billion area.
dan99
Sr. Member
****
Offline Offline

Activity: 378



View Profile
June 12, 2013, 04:42:32 PM
 #2355

In my opinion, difficulty creates opportunity 1) the gpu and asicminer usb will give up or died off eventually 2) as difficulty increases the amount of coins harvested daily is reduced 3) The price of bitcoin may increased. So at the end it will benefit the Asic Miners.

By the way in Dec 2012 or earlier the fortune tellers will say the same thing, difficulty increase and what not .. but those who don't listen to some of these garbage and went a head and bought the Avalon batch 1 now they enjoy the golden harvest... and where are those nay slayers ? maybe they went back to their caves..and had to re-do their calculations. Grin
rizzman
Full Member
***
Offline Offline

Activity: 196



View Profile
June 12, 2013, 05:03:28 PM
 #2356

Congrats $1k!
lol - you missed the "." before the number, although I wish I could throw coin around like that.
bitpop
Legendary
*
Offline Offline

Activity: 2184


https://keybase.io/bitpop


View Profile WWW
June 12, 2013, 05:10:47 PM
 #2357

Damn he hid it good, very misleading!

Congrats $1k!
lol - you missed the "." before the number, although I wish I could throw coin around like that.

Reputation  |  PGP  |  DigitalOcean  |  TorGuard  |  Ethereum Classic
Bitcoin: 3DSh6AnmvBpDJFUz2mnLirMLmTMcFs9nDm
Bitmessage: BM-2cXN9j8NFT2n1FxDVQ6HQq4D4MZuuaBFyb
qiuness
Sr. Member
****
Offline Offline

Activity: 476



View Profile
June 12, 2013, 05:25:39 PM
 #2358

the calculations are including the Wattage... i`m hoping that the level off happens sooner then later Smiley

=

                 ▒▓▓████████▓▓▒                   
            ▒▓█████████████████████▒             
         ▒█████████▓▒▒▒▒▒▒▒▓▓█████████▓
       ▓██████▓▒                 ▓██████▓         
     ▒█████▓                        ▓█████▓         
    █████▓████████████████████████████▓█████▒         
  ▒█████                                ▓████▒       
  ████▓                                  ▓████▒       
 ▓████                                    ▓████▒                                                           
▓████                             █▓▓▓▓    ████▓                    ▓██                               ▓████                   
████▓                             █▓▓▓     ▓███▓                    ███▓                              ▓███▓
████▒                          ▓█ █▓      ▓████                    ███▓                                   
████▒          █▓█ ▓         █▓            ▓████       ░▒▓▓█▓▓▓▒    ███▓  ▒▓▓▓▓▓▓░      ░▒▓▓▓▓▓▓▒░    ▒▓▓▓▒  ▓▓▓▒░░▒▓▓▓▓▓▒░
████▓        ██     █▓    █▓█              ▓████     ▒█████▓▓████▓  ███▓▓███▓██████▒  ▒████▓▓▓▓████▒  ▒███▒  ███▓▓███▓█████▓
▓██████████▓▓█████████▓▒▒▓▓████████████████████▓    ▓███░░    ░▓██▓ ████▓░     ░▓███  ▒▓▓▒░    ░▓███  ▒███▒  ████▓      ▒███▓
 ████▓  █▓█                              ▒████     ███▒            ███▓░       ▒███     ░░░░░░░▒███  ▒███▒  ███▓        ▓██▓
 ▒████▓▓                                 ▒████▓     ███▒            ███▓        ░███ ░▒▓████████████  ▒███▒  ███▓        ▓██▓
  ▓████▓                                ▒████▓      ███▒            ███▓        ░███ ▓███▒░     ▒███  ▒███▒  ███▓        ▓██▓ 
   ▒█████▒                             █████▓       ▓███░      ▒███ ███▓        ░███ ▓██▓░     ░▓███  ▒███▒  ███▓        ▓██▓ 
    ▒█████▓▒                         ██████         ░▓███▓▒▒▒▒▓███▓ ███▓        ░███  ████▒░░░▒█████  ▒███▒  ███▓        ▓██▓
      ▒██████▓                    ▒██████▓             ░▓███████▓▒   ███▓        ░███  ░▒██████▓▒░███░ ▒███▒  ███▓        ▓██▓
        ▒████████▓▒          ▒▓██████████▓
           ▒████████████████████████▓██████▒
              ▒▒▓██████████████▓▓     ▒█████▓░
                                        ▒████▓▒
                                          ▓████▒
                                           ▒█████
                                             ▓████▓
                                               ████▓▒
                                                ▒████▓
                                                  ▓███
 
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
     Decentralized Marketing and Advertising Platform     
[] Ease of use and Flexibility [] Excellent value proposition [] Data privacy and security
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
██ █
Telegram Reddit
Twitter     ■ANN thread
Facebook
Whitepaper
DPoS
Sr. Member
****
Offline Offline

Activity: 462



View Profile
June 12, 2013, 06:04:48 PM
 #2359

remember some miners aren't totally in it for straight ROI.. they like making their own coins for many reasons

and I would guess some would pay a premium since this is their own swiss bank if you will or laundry mat

so yeah, ROI miners have to compete with others who won't be daunted by all the ROI crybabies that flock to each thread here saying 'it ain't worth it'


~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
bitpop
Legendary
*
Offline Offline

Activity: 2184


https://keybase.io/bitpop


View Profile WWW
June 12, 2013, 06:13:35 PM
 #2360

True and virgin coins could be at premium some day

Reputation  |  PGP  |  DigitalOcean  |  TorGuard  |  Ethereum Classic
Bitcoin: 3DSh6AnmvBpDJFUz2mnLirMLmTMcFs9nDm
Bitmessage: BM-2cXN9j8NFT2n1FxDVQ6HQq4D4MZuuaBFyb
Pages: « 1 ... 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 [118] 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 ... 2138 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!