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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3006812 times)
Bitcoinorama
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January 06, 2014, 02:10:59 AM

Thanks for the heads up.  Not so much for pointing me to trade on btc-e but in checking btc-e out on wikipedia I saw that the changing foutunes of MtGox, at least their difficulty in exporting dollars for sold btc, has caused the value of btc on MtGox to be inflated compared to other exchanges.  The difficulty must be that FINCEN wants more information than they feel comfortable giving.   Am I right or has it been made particularly difficult for MtGox, e.g. Bitcoin started there?

Not sure what the beef is there. AFAIK Mt. Gox leaped every regularatory hurdle required by the US, registered as a legal exchange, but haven't had access to American banking or previously seized funds.

They wanted to lead by example, and ended up being made an example of. It's a shame.

On a side note. I hear a lot of bad things about BTC-E, the chat box on the landing page is enough to make you steer clear, yet someone told me they operate out of Croydon, just south of London?!!

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
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January 06, 2014, 02:16:48 AM

Beware of BitPlastic
Yet more trouble with Bitplastic for me...  BTC being literally stolen by the site owners after they admittedly saw it "Stuck" in the system... they did a "server upgrade" a few days ago, now they act as if the conversation we had never took place, and my BTC is gone. The amounts that DID eventually make it to the card (after depositing the btc about 2 weeks prior) was skimmed yet even more... well beyond and after they took their their "Fee" .6 is .53 after their fee. of which they loaded the card with $371.(fine) I was expecting more like what they advertised... 5%, not 5% plus whatever they can siphon from you...  
ended up more like 50%
Totally a rip job.
out of the one whole btc I sent... $371.00!



Also beware of BTC-e if you are American. Although they advertise 24 hour USD Deposits...  It does not exist! I have about 20+ emails to & from support on it, and they always act stupid, like they don't understand what I'm saying. They don't even accept US Bank International transfer!
So far, Bitstamp and CampBX are the only ones I have been able to successfully deal with, barring Gox in the old days when they had Dwolla... now that was a really sweet deal...
btc-e is a good exchange. They can handle volume, their API is quick, and I've made good money using them. Like DPoS said "if you need your hand held" then go somewhere else.

Thanks for the heads up.  Not so much for pointing me to trade on btc-e but in checking btc-e out on wikipedia I saw that the changing foutunes of MtGox, at least their difficulty in exporting dollars for sold btc, has caused the value of btc on MtGox to be inflated compared to other exchanges.  The difficulty must be that FINCEN wants more information than they feel comfortable giving.   Am I right or has it been made particularly difficult for MtGox, e.g. Bitcoin started there?

I recall at the time of the crash MtGox was halting trades trying to stem the carnage.  The US stock exchange does the same when stock trading is taking a bad turn.  Other exchanges did allow the steep drop and still do.  Maybe MtGox is seeing difficulties from US banks for just that reason.  If US banks want to destabilize bitcoin they need to be able to manipulate the value, like the rise and fall the day before US Senate hearings on bitcoin.  If MtGox was preventing that they needed to flex their muscle.
just added a bit

Since Bush the banks in this country have the game badly rigged.  Like the legal means to convert CDs to bank stock if the bank is failing.  They don't want an alternative.

---------------

Sorry, it's been rigged since long before that.



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January 06, 2014, 03:58:04 AM

BTW, the only people that will benefit from removing the blue power cables inside and going directly into the power supply are the ones that have a struggling power supply to begin with. If you power cables are warm to the touch like mine were with my 850 watt power supply I upgraded to a 1000 watt and the power cables are not warm to the touch anymore. Exact watt/amp readings with or without extra power cables.

Here in the US we all received our miners in October and going forward. The colder months were just starting. I don't think people realize how much trouble they are going to be in when the outside temps start to increase. It won't be a simple idea as paying for electric, but paying a lot extra and more for air conditioning to keep the rigs cool. When we had a few days if just 65 degrees out, I had to remove the top case of my Saturn, upgraded Jupiter  to keep the temps in check. When people start receiving Neptunes in May/June or whatever it is, the hotter days are right around the corner and my god this thread is going to fill up just about heat related issues. It does get truly tiresome going through pages of nonsense in this thread. Maybe there should be a forked off thread called KNC-Technical or something. Since KNC doesn't even offer support via their own forum and refuse to participate in the online community we have to what we have to do. Strangely KNC has even indicated they would provide support on their forum but basically went silent after that. Why even say anything at all? The last post from kncminer was in September. What's their problem, they don't like the bitcoin community, only our money?

I think a lot of people pre-ordered a monster (Netptune) and have no idea what they are getting themselves into. By the time they actually receive that rig the difficulty will much higher, possibly and likely others will deliver something so just to even think about getting your original money back you'll need every hash power you can squeeze out of it. If not, then you'll be just chasing a high you'll never end up getting.

I'm in awe my Saturn/Jupiter is still making me money, and in Q2 that will eventually cease. Once people start to need to re-wire their homes with commercial wiring/amps and commercial equipment that kind of tells me I have to bow out of the picture. I can't afford to cool and power the rig itself.

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January 06, 2014, 04:59:41 AM

BTW, the only people that will benefit from removing the blue power cables inside and going directly into the power supply are the ones that have a struggling power supply to begin with. If you power cables are warm to the touch like mine were with my 850 watt power supply I upgraded to a 1000 watt and the power cables are not warm to the touch anymore. Exact watt/amp readings with or without extra power cables.

Here in the US we all received our miners in October and going forward. The colder months were just starting. I don't think people realize how much trouble they are going to be in when the outside temps start to increase. It won't be a simple idea as paying for electric, but paying a lot extra and more for air conditioning to keep the rigs cool. When we had a few days if just 65 degrees out, I had to remove the top case of my Saturn, upgraded Jupiter  to keep the temps in check. When people start receiving Neptunes in May/June or whatever it is, the hotter days are right around the corner and my god this thread is going to fill up just about heat related issues. It does get truly tiresome going through pages of nonsense in this thread. Maybe there should be a forked off thread called KNC-Technical or something. Since KNC doesn't even offer support via their own forum and refuse to participate in the online community we have to what we have to do. Strangely KNC has even indicated they would provide support on their forum but basically went silent after that. Why even say anything at all? The last post from kncminer was in September. What's their problem, they don't like the bitcoin community, only our money?

I think a lot of people pre-ordered a monster (Netptune) and have no idea what they are getting themselves into. By the time they actually receive that rig the difficulty will much higher, possibly and likely others will deliver something so just to even think about getting your original money back you'll need every hash power you can squeeze out of it. If not, then you'll be just chasing a high you'll never end up getting.

I'm in awe my Saturn/Jupiter is still making me money, and in Q2 that will eventually cease. Once people start to need to re-wire their homes with commercial wiring/amps and commercial equipment that kind of tells me I have to bow out of the picture. I can't afford to cool and power the rig itself.

Even last year anyone researching bitcoin mining probably came across photos of farms moved out to sheds with AC.  It's perfectly obvious that two Jupiters will put out the heat of an electric space heater.  Very little of the energy goes to physical movement of fans but is put off as heat produced in power supplies and in ICs when gates change state.  So, two Jupiters will pretty much put out the heat one would expect from a 1500 watt heater.



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DPoS
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January 06, 2014, 05:35:17 AM

Thanks for the heads up.  Not so much for pointing me to trade on btc-e but in checking btc-e out on wikipedia I saw that the changing foutunes of MtGox, at least their difficulty in exporting dollars for sold btc, has caused the value of btc on MtGox to be inflated compared to other exchanges.  The difficulty must be that FINCEN wants more information than they feel comfortable giving.   Am I right or has it been made particularly difficult for MtGox, e.g. Bitcoin started there?

Not sure what the beef is there. AFAIK Mt. Gox leaped every regularatory hurdle required by the US, registered as a legal exchange, but haven't had access to American banking or previously seized funds.

They wanted to lead by example, and ended up being made an example of. It's a shame.

On a side note. I hear a lot of bad things about BTC-E, the chat box on the landing page is enough to make you steer clear, yet someone told me they operate out of Croydon, just south of London?!!

all I will add is that people really do not understand how precarious the situation is with all the exchanges..  if you believe an ounce about bitcoin you will give all your support to each and everyone one of these groups who are on the front lines

if they go, the game goes and all the bullshit talk of 'we don't need them, just stay in bitcoin' will be a sad joke


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January 06, 2014, 06:27:38 AM

Any plans to release a 1.5TH version of the Neptune that could run on a single circuit in North American households ?
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January 06, 2014, 06:53:44 AM

Any plans to release a 1.5TH version of the Neptune that could run on a single circuit in North American households ?

I doubt they will deviate from their plans.

However, I would anticipate you may be able to remove one (or more) of the Neptune modules if it was based on the Jupiter design.

1968tcDq5kiChmByZPD4gdyCH9sN7mWY8x
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January 06, 2014, 03:51:06 PM

BTW, the only people that will benefit from removing the blue power cables inside and going directly into the power supply are the ones that have a struggling power supply to begin with. If you power cables are warm to the touch like mine were with my 850 watt power supply I upgraded to a 1000 watt and the power cables are not warm to the touch anymore. Exact watt/amp readings with or without extra power

The power supply is not the cause or cure.
There are 6 wires ALL needed for every PCIe connector.
If one makes poor contact the rest have to take up the slack.
As a result if they are near their limit they will get warm.

What you have described is probably that the 850's plugs did not mate as well as the 1000's.
Removing the blue cables reduces by 6 the chances of a poor mating of the connectors.

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YMMV

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January 06, 2014, 06:22:53 PM


Also beware of BTC-e if you are American. Although they advertise 24 hour USD Deposits...  It does not exist! I have about 20+ emails to & from support on it, and they always act stupid, like they don't understand what I'm saying. They don't even accept US Bank International transfer!.

if you don't understand how btc-e works, don't use it...  they don't hold your hand.    Any begging will also put you at the end of the line.  Not your kind of place


Beware of BitPlastic
Yet more trouble with Bitplastic for me...  BTC being literally stolen by the site owners after they admittedly saw it "Stuck" in the system... they did a "server upgrade" a few days ago, now they act as if the conversation we had never took place, and my BTC is gone. The amounts that DID eventually make it to the card (after depositing the btc about 2 weeks prior) was skimmed yet even more... well beyond and after they took their their "Fee" .6 is .53 after their fee. of which they loaded the card with $371.(fine) I was expecting more like what they advertised... 5%, not 5% plus whatever they can siphon from you...  
ended up more like 50%
Totally a rip job.
out of the one whole btc I sent... $371.00!



Also beware of BTC-e if you are American. Although they advertise 24 hour USD Deposits...  It does not exist! I have about 20+ emails to & from support on it, and they always act stupid, like they don't understand what I'm saying. They don't even accept US Bank International transfer!
So far, Bitstamp and CampBX are the only ones I have been able to successfully deal with, barring Gox in the old days when they had Dwolla... now that was a really sweet deal...
btc-e is a good exchange. They can handle volume, their API is quick, and I've made good money using them. Like DPoS said "if you need your hand held" then go somewhere else.

Also beware of BTC-e if you are American. Although they advertise 24 hour USD Deposits...  It does not exist! I have about 20+ emails to & from support on it, and they always act stupid, like they don't understand what I'm saying. They don't even accept US Bank International transfer!.

if you don't understand how btc-e works, don't use it...  they don't hold your hand.    Any begging will also put you at the end of the line.  Not your kind of place



+1
You three.....      thanks alot... nobody have their thinking cap on, or what? It would have been like a thousand times more helpful if you told me the answer to the question, instead of all agreeing about a hand-hold situation.  Wankers!
If you all use it so much, you should know...
"Which usd deposit method is 24 hours"......A pretty simple flippin Question.  
I'm already fully aware customer service @ BTC-e sucks...  3 minutes watching the chat will tell you that.    
Guess you guys don't know either, which would explain the answers.
I have over 600 grand in 30-day BTC volume... don't tell me I don't know how to use an exchange please...ok?
I have trading accounts, and have traded at 6 different BTC exchanges, scottrade, e-trade, and forex. I trade them all.... ok?
I definitely "know how to use" exchanges.
I don't know how to deposit USD into BTC-e within the advertised 24 hours because it's simply not there.
Prove me wrong please.


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joeventura
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January 06, 2014, 06:24:04 PM

BTW, the only people that will benefit from removing the blue power cables inside and going directly into the power supply are the ones that have a struggling power supply to begin with. If you power cables are warm to the touch like mine were with my 850 watt power supply I upgraded to a 1000 watt and the power cables are not warm to the touch anymore. Exact watt/amp readings with or without extra power

The power supply is not the cause or cure.
There are 6 wires ALL needed for every PCIe connector.
If one makes poor contact the rest have to take up the slack.
As a result if they are near their limit they will get warm.

What you have described is probably that the 850's plugs did not mate as well as the 1000's.
Removing the blue cables reduces by 6 the chances of a poor mating of the connectors.

One mans opinion!
YMMV

I agree, I ditched those blue cables on day one and never looked back.


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Acejam
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January 06, 2014, 06:30:27 PM

So are the Neptune's ever going to make ROI? I'm thinking about pre-ordering a batch 2/3 unit. (or whatever you want to call what is on their website currently)

Will I be able to plug one of these into my "normal" house? Will there be multiple PSU's?
CYPER
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January 06, 2014, 06:38:44 PM

So are the Neptune's ever going to make ROI? I'm thinking about pre-ordering a batch 2/3 unit. (or whatever you want to call what is on their website currently)

Will I be able to plug one of these into my "normal" house? Will there be multiple PSU's?

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OmegaCentauri
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January 06, 2014, 07:09:32 PM

Phoenix (and anyone else with the HW issues)

Try eligius' secondary pool, it seemed to have clean up my flushwork issues.

v2.srv.eligius.st:12234

Overall HW is down, WU is up about 2%.

3 hours and running, the 6 module jupiter is pushing 99.7% of rated hashrate to the pool (838/840)

Wow. This just made a huge difference. Thank you!
helmax
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January 06, 2014, 07:16:35 PM

@orama when we have news about firmware for eligius?
and more ghash on jupiter?

looking job
faetos
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gotta let a coin be a coin


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January 06, 2014, 07:40:28 PM

P69, news flash.... no one wants to do business with Americans thanks to the IRS and our banking regulations. okpay and egopay are quick ways to get money into btce if you're not in the us. btce supports usd in 24 hours or so.  quit whining and go look into transfering money there through a another bank or intermediary. as a us citizen you are going to have to get creative on how you move money around. a good place to start is to look into the companies that they accept usd deposits from and work backwards to where you want to send it from. spending time creatively like that instead of calling ppl names in this forum might be a better use of your time and ours.
opentoe
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Personal text my ass....


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January 06, 2014, 08:07:31 PM

Phoenix (and anyone else with the HW issues)

Try eligius' secondary pool, it seemed to have clean up my flushwork issues.

v2.srv.eligius.st:12234

Overall HW is down, WU is up about 2%.

3 hours and running, the 6 module jupiter is pushing 99.7% of rated hashrate to the pool (838/840)

Wow. This just made a huge difference. Thank you!

I've been running on BTC Guild since October and have a consistent %99.7.  What were you getting previously?

Need help with your Newznab usenet indexer? http://www.newznabforums.com
elasticband
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Nighty Night Don't Let The Trolls Bite Nom Nom Nom


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January 06, 2014, 08:30:46 PM

can anybody help me get a 0watt Die up and running  Huh
Bogart
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January 06, 2014, 08:31:52 PM

P69, news flash.... no one wants to do business with Americans  [...]  quit whining  [...]

Moreover, this discussion is off-topic for this thread, and for this subforum.

Take it over to Service Discussion please.

"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
dimaze
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January 06, 2014, 08:42:21 PM

Phoenix (and anyone else with the HW issues)

Try eligius' secondary pool, it seemed to have clean up my flushwork issues.

v2.srv.eligius.st:12234

Overall HW is down, WU is up about 2%.

3 hours and running, the 6 module jupiter is pushing 99.7% of rated hashrate to the pool (838/840)

Wow. This just made a huge difference. Thank you!

I've been running on BTC Guild since October and have a consistent %99.7.  What were you getting previously?


I was getting around 800-810 prior, 95.8% roughly. Every few GHs counts long term - glad it helped some of you Smiley

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soy
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January 06, 2014, 09:27:05 PM

So are the Neptune's ever going to make ROI? I'm thinking about pre-ordering a batch 2/3 unit. (or whatever you want to call what is on their website currently)

Will I be able to plug one of these into my "normal" house? Will there be multiple PSU's?

I don't know.  My pre-purchase assessment based on information I read a month before led me to believe it could but re-reading the specs, probably not.  I'm guessing best case for 3000GH/s will be 2000 watts.  That's 16.6 amps at 120VAC.  Kitchens often have 12 gauge good for 20 amps but an office, bedroom or living room will more likely be wired with 14 gauge good for and having breakers rated at 15 amps.  Run it in the kitchen, heat tea in the microwave and breaker will pop.  And if the GHs is real good and well above 3000 then expect more wattage/current.  One can wire a pair of 15 amp breakers from separate phases and get 230VAC then wire a 230VAC socket and add a 230VAC plug to the Neptune or Neptune power supply depending and draw only 8.7 amps on each line which I'll probably do.

I say that's what I'll probably do as I had added a 15 amp breaker pair with a pair of 14 gauge romex for AC and whatnot in the living room.  Should have gone with 12 gauge and 20 amp but this was before I had power hungry miners.  The double breaker, as there are limited free breaker spaces in my box, are probably both from the same phase (or line if you prefer although if you put an oscilloscope probe on each line and they display out of phase as they will I'd call them phases) is most likely from a single phase.  I'll have to go in, remove the double (two size breakers) and put in a double breaker that connects to both L1 and L2 (both phases) or leave the double size breaker in place with its two 14-2 gauge romex and add two 20 amp breakers and run two 12-2 romex adding two circuits to the living room.  From those I can take out 230VAC to a plug or run a single Neptune on each.



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