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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3011319 times)
soy
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March 01, 2014, 04:27:50 PM
 #30481

KnC needs to put up a sign... BUY at your OWN RISK! As refunds may not be turned in the same currency your product was purchased in. Smiley

on that note is it true that the 3rd batch of knc miners (the ones they are selling now) don't have a refund?

somehow i can't seem to get an answer to this (or it is obviouse someplace and i read over it)

thanks
Searing


If every thing goes to plan then I can see them saying no to refunds, but if miners change from physical to virtual or there is a delay in production then they cannot/should not refuse a refund.

I really couldn't care if they say 'no refunds' in the terms, if they can't produce in a timely manner then they have to refund if they like it or not.

I might be delusional but this is how I see it.

Delusional?  What, did you lose too much weight too quickly?  How.  My dreadmill may keep me healthy but doesn't really address the midrift weight of insulin resistance.  Maybe I should get a big blue ball for sitting on at my desk.

what Huh  Undecided

Sorry.  That was my attempt at a light joke.  Saw three photos of Karpeles, overweight on the big blue ball, the photo of him declaring bankruptcy, and a third taken sometime between the two where he seems actually thin.  It would appear he lost a lot of weight quickly then put some back on.  Almost any effective fast weight loss scheme causes insomnia and an extended period of insomnia can cause delusional thinking.



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merv77
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March 01, 2014, 04:35:10 PM
 #30482

KnC needs to put up a sign... BUY at your OWN RISK! As refunds may not be turned in the same currency your product was purchased in. Smiley

on that note is it true that the 3rd batch of knc miners (the ones they are selling now) don't have a refund?

somehow i can't seem to get an answer to this (or it is obviouse someplace and i read over it)

thanks
Searing


If every thing goes to plan then I can see them saying no to refunds, but if miners change from physical to virtual or there is a delay in production then they cannot/should not refuse a refund.

I really couldn't care if they say 'no refunds' in the terms, if they can't produce in a timely manner then they have to refund if they like it or not.

I might be delusional but this is how I see it.

Delusional?  What, did you lose too much weight too quickly?  How.  My dreadmill may keep me healthy but doesn't really address the midrift weight of insulin resistance.  Maybe I should get a big blue ball for sitting on at my desk.

what Huh  Undecided

Sorry.  That was my attempt at a light joke.  Saw three photos of Karpeles, overweight on the big blue ball, the photo of him declaring bankruptcy, and a third taken sometime between the two where he seems actually thin.  It would appear he lost a lot of weight quickly then put some back on.  Almost any effective fast weight loss scheme causes insomnia and an extended period of insomnia can cause delusional thinking.

for a minute i thought you were a little delusional... LOL

 Grin   Cheesy
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March 01, 2014, 04:45:39 PM
 #30483

Any one experienced any difficulties or major improvements with the latest firmware upgrade?
https://www.kncminer.com/news/news-77

Yes, the latest firmware added a overclocking feature that increased the hashrate of my November Jupiters by ~75GH each. This is a good firmware upgrade for November Jupiters, but doesn't do much for October Jupiters.

Just installed the firmware on my worst performing November Jupiter.  Runs @ 560gh

Can't seem to find the "overclock feature" unless you are referring to adjusting power usage per die?

This looks different than the October machines.  Does die 1 control 0 & 1?  die 2 = 2 & 3, etc?  After looking below, what would you recommend I tweak to try and wake some of those zeroes up?



You can adjust the core speed of each die via the pull down box that says 900 MHz in the picture you posted.

What would you recommend?  And WOW my miners are all eating shit right now with the default settings.  450GH across the board for Nov Jups.
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March 01, 2014, 04:48:01 PM
 #30484

Very clever! I "respect" them as businessman. That's how business works. The strongest dog fucks...

Not very clever. That's how wire fraud works.

If they took money to build a 20nm mining machine from Americans, and don't deliver because they spent it on something else, expect to be extradited by the FBI shortly! Hopefully they will have something by the end Q2 2014 or the buy a nice house in Russia/South America. Grin

I would probably disagree on fraud. In some sense it is now irrelevant because they will certainly pre-mine a lot of BTC at datorhall before giving us anything. Getting 3th late in 2nd Q would be largely meaningless because of the difficulty increase caused by the datacenter/datorhall/"Death Star".

Is it ethical or even legal to injure your own customers?
Datorhall is at 1.8Th right now, which is ~7% of all network, therefore the current total mining income of Jupiter/Saturn customers was reduced 7% because of this buildup-this is for certain. The new data center already mined ~3000BTC in less than 3 wk.

Perhaps we are too harsh and KnC will deposit proportional BTC (datorhall income-expenses) for each Neptune+Jupiter customer.
If they do that-I would be amazed, but what is the chance of someone doing what is right and not the most profitable? You tell me  Undecided.

Quote
"What is fraud?

Fraud is a type of criminal activity, defined as:

'abuse of position, or false representation, or prejudicing someone's rights for personal gain'.

Put simply, fraud is an act of deception intended for personal gain or to cause a loss to another party.

The general criminal offence of fraud can include:

    deception whereby someone knowingly makes false representation
    or they fail to disclose information
    or they abuse a position."
- http://www.sfo.gov.uk/fraud/what-is-fraud.aspx

Quote
"That Swedish Bitcoin Mining Company Has Sold $28 Million-Worth Of Its New Mining Hardware"
http://www.businessinsider.com/knc-sells-nearly-28-million-neptunes-2013-12

With $28m at stake I'd make sure I could deliver what I promised before spending my profits on something else or you might have some explaining to do when consumers start complaining to the authorities!

As the MtGox guy is about to find out: http://www.reuters.com/article/2014/02/26/mtgox-subpoena-idUSL3N0LV0UZ20140226 US is after his documents and he's going to have to account for where the money went. Wink

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March 01, 2014, 04:51:00 PM
 #30485

Any one experienced any difficulties or major improvements with the latest firmware upgrade?
https://www.kncminer.com/news/news-77

Yes, the latest firmware added a overclocking feature that increased the hashrate of my November Jupiters by ~75GH each. This is a good firmware upgrade for November Jupiters, but doesn't do much for October Jupiters.

Just installed the firmware on my worst performing November Jupiter.  Runs @ 560gh

Can't seem to find the "overclock feature" unless you are referring to adjusting power usage per die?

This looks different than the October machines.  Does die 1 control 0 & 1?  die 2 = 2 & 3, etc?  After looking below, what would you recommend I tweak to try and wake some of those zeroes up?



You can adjust the core speed of each die via the pull down box that says 900 MHz in the picture you posted.

What would you recommend?  And WOW my miners are all eating shit right now with the default settings.  450GH across the board for Nov Jups.

I've been running two November Jupiters at 1000 MHz per die for the past week, and they've both been rock solid. I made no other changes besides changing the core speed per die to 1000, but both machines were pretty good and did 650-675 GH before the overclock. After the overclock, they are doing 725-750 GH.
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March 01, 2014, 07:12:56 PM
 #30486

Any one experienced any difficulties or major improvements with the latest firmware upgrade?
https://www.kncminer.com/news/news-77

Yes, the latest firmware added a overclocking feature that increased the hashrate of my November Jupiters by ~75GH each. This is a good firmware upgrade for November Jupiters, but doesn't do much for October Jupiters.

Just installed the firmware on my worst performing November Jupiter.  Runs @ 560gh

Can't seem to find the "overclock feature" unless you are referring to adjusting power usage per die?

This looks different than the October machines.  Does die 1 control 0 & 1?  die 2 = 2 & 3, etc?  After looking below, what would you recommend I tweak to try and wake some of those zeroes up?


You can adjust the core speed of each die via the pull down box that says 900 MHz in the picture you posted.

What would you recommend?  And WOW my miners are all eating shit right now with the default settings.  450GH across the board for Nov Jups.

I've been running two November Jupiters at 1000 MHz per die for the past week, and they've both been rock solid. I made no other changes besides changing the core speed per die to 1000, but both machines were pretty good and did 650-675 GH before the overclock. After the overclock, they are doing 725-750 GH.

Had a power outage now after speeding them all up.  Definitely seeing the speed increase though.  Looks like I am maxing out my dryer outlet modification and will have to move stuff around.

One of the machines can't come back on.  The controller board keeps blinking a blue light.  EDIT:  5 second hard reset fixed it
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March 01, 2014, 07:27:35 PM
 #30487

kendog77, you have three dies that aren't working, you need to play with the voltages on those three and get them running...then your hash rate will be a lot better...there is a guide on KNC forum...
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March 01, 2014, 07:31:35 PM
 #30488

why even bother to run a jupiter at todays difficulty?

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March 01, 2014, 07:54:55 PM
 #30489

kendog77, you have three dies that aren't working, you need to play with the voltages on those three and get them running...then your hash rate will be a lot better...there is a guide on KNC forum...

I have some dead dies.  Link?
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March 01, 2014, 08:16:32 PM
 #30490

why even bother to run a jupiter at todays difficulty?
Because someday, that .01 might be worth something.


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March 01, 2014, 09:01:34 PM
 #30491

why even bother to run a jupiter at todays difficulty?
Excuse me but at the current difficulty a 750 GH/s Nov. Jupiter is still mining at a rate of 3 BTC a month.
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March 01, 2014, 09:35:25 PM
 #30492

kendog77, you have three dies that aren't working, you need to play with the voltages on those three and get them running...then your hash rate will be a lot better...there is a guide on KNC forum...

Those aren't my settings. They were posted by Paladin69, and I was simply replying to his post.
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March 01, 2014, 09:46:57 PM
 #30493

why even bother to run a jupiter at todays difficulty?

Because each Jupiter costs ~$100 per month in electricity to run at 15 cents per kilowatt hour, and will bring in between 2 and 3 bitcoin in the next month.

We're still a long way from a Jupiter being unprofitable to run, and it's fairly power efficient compared to most other hardware on the network at around 1.3W/GH.
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March 01, 2014, 11:35:13 PM
 #30494

why even bother to run a jupiter at todays difficulty?

Because each Jupiter costs ~$100 per month in electricity to run at 15 cents per kilowatt hour, and will bring in between 2 and 3 bitcoin in the next month.

We're still a long way from a Jupiter being unprofitable to run, and it's fairly power efficient compared to most other hardware on the network at around 1.3W/GH.
Aren't Jupiters still right up there in terms of power efficiency?  If not, can someone please show me a more efficient miner?  My batch 1 (October) Jupiter is 1.2 W/GH/s.

Run a Bitcoin node, support the network.
How to compile and run bitcoind on a Raspberry Pi
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March 02, 2014, 12:03:38 AM
 #30495

why even bother to run a jupiter at todays difficulty?

Because we know how to do the math and right now its a positive return even at todays BTC prices.
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March 02, 2014, 12:09:33 AM
 #30496

why even bother to run a jupiter at todays difficulty?

Because each Jupiter costs ~$100 per month in electricity to run at 15 cents per kilowatt hour, and will bring in between 2 and 3 bitcoin in the next month.

We're still a long way from a Jupiter being unprofitable to run, and it's fairly power efficient compared to most other hardware on the network at around 1.3W/GH.
Aren't Jupiters still right up there in terms of power efficiency?  If not, can someone please show me a more efficient miner?  My batch 1 (October) Jupiter is 1.2 W/GH/s.
MegaBigPower Bitfurys are typically 0.9 W/GH/s. I have run them as low as 0.7 W/GH/s when undervolted (375 GH/s @ 260W for 16 cards).
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March 02, 2014, 12:27:31 AM
 #30497

Just a headsup, both BTCguild and Eligius have dropped about 4PH in the last few hours, and "other" in blockchain.info has increased about 5%, my guess is KNC has finally got their internal pool and network up and running and is now just solo mining.  The final dagger in all of our backs.  

Huge difficulty increase brought on by them mining over the last two months, and now it sticks with our pools having not nearly enough hash to keep up..  This should be fun for KNC and Ceo.ix. Wink  (and yes difficulty will increase or stay the same for at least 2016 blocks)  Hopefully they start offering us pity cloud shares soon.. so lame.
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March 02, 2014, 01:52:19 AM
 #30498

why even bother to run a jupiter at todays difficulty?

Because each Jupiter costs ~$100 per month in electricity to run at 15 cents per kilowatt hour, and will bring in between 2 and 3 bitcoin in the next month.

We're still a long way from a Jupiter being unprofitable to run, and it's fairly power efficient compared to most other hardware on the network at around 1.3W/GH.
Aren't Jupiters still right up there in terms of power efficiency?  If not, can someone please show me a more efficient miner?  My batch 1 (October) Jupiter is 1.2 W/GH/s.
MegaBigPower Bitfurys are typically 0.9 W/GH/s. I have run them as low as 0.7 W/GH/s when undervolted (375 GH/s @ 260W for 16 cards).
Thanks, so Bitfury-based miners are the most power efficient. 

Run a Bitcoin node, support the network.
How to compile and run bitcoind on a Raspberry Pi
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March 02, 2014, 03:41:11 AM
 #30499

why even bother to run a jupiter at todays difficulty?

Because each Jupiter costs ~$100 per month in electricity to run at 15 cents per kilowatt hour, and will bring in between 2 and 3 bitcoin in the next month.

We're still a long way from a Jupiter being unprofitable to run, and it's fairly power efficient compared to most other hardware on the network at around 1.3W/GH.
Aren't Jupiters still right up there in terms of power efficiency?  If not, can someone please show me a more efficient miner?  My batch 1 (October) Jupiter is 1.2 W/GH/s.
MegaBigPower Bitfurys are typically 0.9 W/GH/s. I have run them as low as 0.7 W/GH/s when undervolted (375 GH/s @ 260W for 16 cards).

Wouldn't you make more bitcoins if you run them at full speed than what you make by running them undervolted? The difference in electricity price should be neglectable.

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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March 02, 2014, 03:51:23 AM
 #30500

why even bother to run a jupiter at todays difficulty?


er...I'm getting around .07 btc a day on a Jupiter more or less that comes out to around 2 btc  a month

if btc eventually goes back to 1000 usd sometime in the future (or 1/2 that now)

it works for me!

Searing

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