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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3011194 times)
Gyrsur
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#BEL+++


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December 20, 2013, 05:24:48 PM
 #26401

Why are you wasting your time with this complete noob or maybe a troll  Huh

maybe he need help. maybe he is alone and needs someone to talk. better talk than to commit suicide. he's a lost soul.

Lol,

guys I'm sorry but Game is Over, for the neht 3-4 months .   Grin

found a picture of him on his harddrive.

1511325851
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Reply with quote  #2

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igorr
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December 20, 2013, 05:28:12 PM
 #26402

but until the end of 2014 years, diff will be about 676 trilion.

Today diff 1.2 billion for next 6 monthy +75000% , it is diff 900 billion,
and for following 6 month in 2014 year,
again +75000%, 900 billion + 75000% = diff 675900 billion or 675.9 trilion !!!

This is only for the following 12 months !
impressive I give up! you convinced me!

All companies will soon give up, for about 4-5 months, and mining is finished, BTC go to bottom.

I give up then. Do you want to buy my Jupiters for a very low price?

no give him bitcoin directly. he needs something to eat.

Igor from Russia is hungry  Grin




http://www.vostok.rs/index.php?option=btg_novosti&catnovosti=7&idnovost=51913&NATO-se-plasi-ruskih-raketa-kod-Kalinjingrada#.UrR9_eLW4_Z

 Grin  Grin  Grin


https://www.google.rs/#q=NATO++Russian+missiles&tbs=qdr:d

 Grin  Grin  Grin

Славься, Отечество наше свободное,
Братских народов союз вековой,
Предками данная мудрость народная!
Славься, страна! Мы гордимся тобой!
lemonte
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December 20, 2013, 05:29:34 PM
 #26403

but until the end of 2014 years, diff will be about 676 trilion.

Today diff 1.2 billion for next 6 monthy +75000% , it is diff 900 billion,
and for following 6 month in 2014 year,
again +75000%, 900 billion + 75000% = diff 675900 billion or 675.9 trilion !!!

This is only for the following 12 months !
impressive I give up! you convinced me!

All companies will soon give up, for about 4-5 months, and mining is finished, BTC go to bottom.

I give up then. Do you want to buy my Jupiters for a very low price?

Maybe you should just re engineer them to mine dogecoin!

merv77
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December 20, 2013, 05:33:02 PM
 #26404

igorr, igorr... wait, wait, take a breath and listen read.

the harder it gets to mine bitcoin, and fewer bitcoins are mined the better it is for bitcoin.  
This is how satoshi nakamoto designed it to work.  it gets rarer and more valuable, just like gold.

yes the gold rush is coming to an end (thank god) and then we just use bitcoin, and the more people that use it the better it is.

just get yourself a couple bitcoins, store them and come back to this forum in 20 - 30 years time..  I hope I'm still around, then we'll chat at how rich you are.    

PS. don't forget to store them on a paper wallet and laminate it.  Safest way  Wink
Gyrsur
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#BEL+++


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December 20, 2013, 05:33:50 PM
 #26405


it is rasmussen! too few sleep I would assume!
igorr
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December 20, 2013, 05:37:27 PM
 #26406


Google knows all  Grin

https://www.google.rs/#q=NATO+Russian&tbs=qdr:d

nuclear Iskander-M missiles is ready to launch

Славься, Отечество наше свободное,
Братских народов союз вековой,
Предками данная мудрость народная!
Славься, страна! Мы гордимся тобой!
igorr
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December 20, 2013, 05:39:30 PM
 #26407

igorr, igorr... wait, wait, take a breath and listen read.

the harder it gets to mine bitcoin, and fewer bitcoins are mined the better it is for bitcoin.  
This is how satoshi nakamoto designed it to work.  it gets rarer and more valuable, just like gold.

yes the gold rush is coming to an end (thank god) and then we just use bitcoin, and the more people that use it the better it is.

just get yourself a couple bitcoins, store them and come back to this forum in 20 - 30 years time..  I hope I'm still around, then we'll chat at how rich you are.    

PS. don't forget to store them on a paper wallet and laminate it.  Safest way  Wink

I do not believe in it

Славься, Отечество наше свободное,
Братских народов союз вековой,
Предками данная мудрость народная!
Славься, страна! Мы гордимся тобой!
vesperwillow
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December 20, 2013, 05:41:38 PM
 #26408

My 2 centz...
The larger the Hash-cloud grows, the more difficult it will be for a vendor to make the same impact.
The effect will be a smaller and smaller rise in difficulty as the cloud grows.
As the chip technology reaches its high-point(Maybe a year?) it will be even harder & harder for
asic companies to make the same % increase.
Endgame scenario...
TH/s per watt will be the deciding factor in the end.
Mining will also quickly become a commercial affair imho
Those with the most efficient machines will be at the top, while older, less efficient machines
will operate at a loss, and continue to do so because Junior isn't footing the bill, and Momma & Poppa are clueless...
I also think that mining(with the finest machines) will always be profitable, even beyond 2040, depending on your electrical situation.
The number of block transactions will be very large by then, and contain enough transaction
fees to pay the "winning" miners, with the most efficient machines, just fine.

and then one day, the electric company doubles their rate...  done.
That's when we find out our government has developed a new, cheap, clean power source, stolen from the patent office, and they bought up all the old miners....  Bam, re-centralized.

+1 Yup. Honestly if cryptocurrency technology grows and takes off like I hope, there are many uses for it. I could picture a future where a lot of houses have subsidized heating based on machines which are in the house hashing, keeping whatever networks, alive and safe.

Think about it. The possibilities are amazing.

Phoenix1969
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December 20, 2013, 05:42:31 PM
 #26409

My 2 centz...
The larger the Hash-cloud grows, the more difficult it will be for a vendor to make the same impact.
The effect will be a smaller and smaller rise in difficulty as the cloud grows.
As the chip technology reaches its high-point(Maybe a year?) it will be even harder & harder for
asic companies to make the same % increase.
Endgame scenario...
TH/s per watt will be the deciding factor in the end.
Mining will also quickly become a commercial affair imho
Those with the most efficient machines will be at the top, while older, less efficient machines
will operate at a loss, and continue to do so because Junior isn't footing the bill, and Momma & Poppa are clueless...
I also think that mining(with the finest machines) will always be profitable, even beyond 2040, depending on your electrical situation.
The number of block transactions will be very large by then, and contain enough transaction
fees to pay the "winning" miners, with the most efficient machines, just fine.

and then one day, the electric company doubles their rate...  done.
That's when we find out our government has developed a new, cheap, clean power source, stolen from the patent office, and they bought up all the old miners....  Bam, re-centralized.


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LetItRide
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vesperwillow
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December 20, 2013, 05:43:32 PM
 #26410

igorr, igorr... wait, wait, take a breath and listen read.

His staunch disbelief reminds me of the conservative Christian folk who dispel polygny as sin. Have you read your Bible? God even claimed to support it, and took credit for giving David his wives, and was willing to provide more. Nowhere in other Scriptures is it prohibited. They'll sit there, look you square in the eye and say that you're wrong and it's a sin.

Regardless of how much proof is plastered on their face.

rolling
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December 20, 2013, 05:48:45 PM
 #26411

igorr, igorr... wait, wait, take a breath and listen read.

His staunch disbelief reminds me of the conservative Christian folk who dispel polygny as sin. Have you read your Bible? God even claimed to support it, and took credit for giving David his wives, and was willing to provide more. Nowhere in other Scriptures is it prohibited. They'll sit there, look you square in the eye and say that you're wrong and it's a sin.

Regardless of how much proof is plastered on their face.


Wow, way off topic...
igorr
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December 20, 2013, 05:53:55 PM
 #26412

Truth is heavy and they can not take the truth

Славься, Отечество наше свободное,
Братских народов союз вековой,
Предками данная мудрость народная!
Славься, страна! Мы гордимся тобой!
CYPER
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December 20, 2013, 05:56:13 PM
 #26413

Truth is heavy and they can not take the truth

Wow so deep, even Adele can't roll in it  Grin

If this post helped you and you feel generous you know what to do: 1P9tXFy9bVgzrfPGeV7F8np26ZtFdCCWvz
Bogart
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December 20, 2013, 06:02:16 PM
 #26414

Wow, way off topic...

That describes the last few pages of this thread.

You know there is a whole Mining Speculation subforum, right?

"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
merv77
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December 20, 2013, 06:15:45 PM
 #26415

OK, let's get back on topic

Let's push for some news before Xmas...
 
To KNC,

any news on Neptune's progress? 
Any date for Tape out? 
How are board designs going? 
Going to be a new slogan competition for the controller boards?

What about new Jupiter sales?  When, before or after the new year?

Give us something KNC, it'll be a great Xmas present for your customers  Cheesy

BTW, it's less than 4 days till Xmas.

minternj
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December 20, 2013, 06:19:09 PM
 #26416

Doubt it, they posted their holiday schedule and they are pretty much on vacation till 2014.

Warning about Nitrogensports.eu
https://bitcointalk.org/index.php?topic=709114.0
merv77
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December 20, 2013, 06:25:55 PM
 #26417

Doubt it, they posted their holiday schedule and they are pretty much on vacation till 2014.
ok forget the weekend, but they're not on holiday on Monday.  Tongue

still that chance for news on Monday.
Am I asking too much?  Where's the Xmas spirit?

It's time to be jolly, ho ho ho..  Cheesy Cheesy Cheesy

EDIT. this is for you igorr  http://www.whyisntbitcoinworthless.com/  and anyone else who needs to know  Wink
jelin1984
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December 20, 2013, 06:42:05 PM
 #26418

PROBLEM PROBLEM

does anyone know the solution??
i have one october jupiter which run fine with 0.98.1 beta firmware
today stop working

if put firmware 0.99 or 0.98.1 is work fine
but when i install the 0.98.1 beta firmware stop

what i can do?
because for me the best firmware is 0.98.1 beta Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Phoenix1969
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December 20, 2013, 06:59:45 PM
 #26419

PROBLEM PROBLEM

does anyone know the solution??
i have one october jupiter which run fine with 0.98.1 beta firmware
today stop working

if put firmware 0.99 or 0.98.1 is work fine
but when i install the 0.98.1 beta firmware stop

what i can do?
because for me the best firmware is 0.98.1 beta Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Not sure, but when I was reflashing things, sometimes I had to do it two or three times to get the "Magic reboot"
I'd suggest learning "Tuning Suite" though. The Beta is a voltage workaround, so you should be able to produce the same or better with the suite I'd think; but since I have no miners here atm... I never got the chance to play with the suite...  Sad


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Rampion
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December 20, 2013, 07:04:18 PM
 #26420

igorr, igorr... wait, wait, take a breath and listen read.

the harder it gets to mine bitcoin, and fewer bitcoins are mined the better it is for bitcoin.  
This is how satoshi nakamoto designed it to work.  it gets rarer and more valuable, just like gold.

yes the gold rush is coming to an end (thank god) and then we just use bitcoin, and the more people that use it the better it is.

just get yourself a couple bitcoins, store them and come back to this forum in 20 - 30 years time..  I hope I'm still around, then we'll chat at how rich you are.    

PS. don't forget to store them on a paper wallet and laminate it.  Safest way  Wink

It gets "rarer" with reward halvings, not with difficulty increases. Monetary supply/inflation is not directly linked to Hashrate.

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