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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3041658 times)
Pt0x
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June 24, 2014, 03:43:31 AM
 #35761

Neptune Third Batch 3.3TH/S for $6000. Delivery unknown.

Or

Spondoolie SP30 6TH/S for $5095 and these come with power supplies. Delivery September.

And I missing something?



Nope, The SP30 is indeed a better deal, way better.

BTC: 17sz6AoYVpwXjaStmnVCsGTufUhvrAMhTw
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jimmothy
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June 24, 2014, 03:44:13 AM
 #35762

They are both bad deals.
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June 24, 2014, 04:19:34 AM
 #35763

Difficulty in Sept 35-50 B  ??
wasubii
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June 24, 2014, 04:33:15 AM
 #35764

They are both bad deals.

Yuuuuup!

raskul
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June 24, 2014, 04:38:38 AM
 #35765


perhaps it's not the miner which is a bad deal, but how the buyer uses it.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
dogjunior
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June 24, 2014, 05:28:40 AM
 #35766

Neptune Third Batch 3.3TH/S for $6000. Delivery unknown.

Or

Spondoolie SP30 6TH/S for $5095 and these come with power supplies. Delivery September.

And I missing something?



6TH and comes with power supplies. 2 x 2500 watt supplies? Going to have to put it in a data center. No way you can run it in your garage unless you do some major electrical work.
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June 24, 2014, 05:29:20 AM
Last edit: June 24, 2014, 05:58:16 AM by Searing
 #35767

Neptune Third Batch 3.3TH/S for $6000. Delivery unknown.

Or

Spondoolie SP30 6TH/S for $5095 and these come with power supplies. Delivery September.

And I missing something?



Nope, The SP30 is indeed a better deal, way better.


there is a group buy thread for a sp30 at 4500 getting started...i think it is the 2nd batch sept order?

on the other hand perhaps BTC ...just buy coin already is the better deal right now...awful lot of hash hitting the blockchain etc

Searing

Neptune Third Batch 3.3TH/S for $6000. Delivery unknown.

Or

Spondoolie SP30 6TH/S for $5095 and these come with power supplies. Delivery September.

And I missing something?



6TH and comes with power supplies. 2 x 2500 watt supplies? Going to have to put it in a data center. No way you can run it in your garage unless you do some major electrical work.

2 1250 w power supplies me thinks?

on a side note i have a sept sp30 coming (yeah prob should have just bought coin) and a Titan so 2500w for sp30 and 1250 watts for the Titan.  Anyway hosting it in my cold
upper midwest basement (will likely need a/c in Aug/Sept)

anyway have a 100 amp service called elec inspector (have no central a/c and gas water heater etc) and he said it would have no problem on a 100 amp service even
running 3,750 watts on miner and 1 a/c unit in my bedroom and maybe a  small a/c unit in the basement casement window..just to monitor it..i live aloine also lite use
can be 'creative' on clothes drying and/or using the stove/oven if needed

so 'supposedly' i should be ok? (the elec company is gonna 'own my ass') also as a side note anyone that is 'inspired/er stupid' enough to host such in their basement the elec company said i could get 'commercial elec rates' in my house (residential neighborhood) ..the fees are more the rates are less I likely will only shave off 3c a kwh or so but what the heck

anyway what i think i know so far on the above (it changes daily what i think i know about stuff)

Searing


Try out www.synchro.net An 'Old School' BBS (Bulletin Board System) works on Win /10/8/7 and Linux!
Three-minute install. The last upgrade was Jan 1st, 2019. I think you will be impressed by this project!
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June 24, 2014, 05:33:15 AM
 #35768

Neptune Third Batch 3.3TH/S for $6000. Delivery unknown.

Or

Spondoolie SP30 6TH/S for $5095 and these come with power supplies. Delivery September.

And I missing something?



6TH and comes with power supplies. 2 x 2500 watt supplies? Going to have to put it in a data center. No way you can run it in your garage unless you do some major electrical work.

6TH spon is only 2500 watts, pretty efficient.  But will only mine 4 BTC if it comes in beginning September  =:0
rograz
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June 24, 2014, 05:33:39 AM
 #35769

6TH and comes with power supplies. 2 x 2500 watt supplies? Going to have to put it in a data center. No way you can run it in your garage unless you do some major electrical work.

SP30 is 2500w in total
Easy2Mine
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June 24, 2014, 05:34:52 AM
 #35770

If Sam Arsecole keep increasing his hashrate, Bitcoin will loose it creditbility and price will fall.
Good job Sam arsehole.

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June 24, 2014, 05:55:59 AM
 #35771

If Sam Arsecole keep increasing his hashrate, Bitcoin will loose it creditbility and price will fall.
Good job Sam arsehole.

Bigger hashrate is good, lying own customers is bad.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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June 24, 2014, 06:00:27 AM
 #35772

If Sam Arsecole keep increasing his hashrate, Bitcoin will loose it creditbility and price will fall.
Good job Sam arsehole.

Bigger hashrate is good, lying own customers is bad.

If Sam Arsehole have 51% of the network,  it's all over.
I don't think that GREEDY bastard understand it.

wasubii
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June 24, 2014, 06:02:51 AM
 #35773


perhaps it's not the miner which is a bad deal, but how the buyer uses it.


I have $5095

Option A: buy 8.5 bitcoin today

Option B: buy a 6 TH/s miner with delivery in september that will mine back in its lifetime less than 5 bitcoin (and thats assuming it is delivered beginning of september). Oh, and you still have to pay for power and rewiring your house.

Please do enlighten us all and tell us how a buyer could go for option B and possibly be better off than option A? What is your magic secret?
RoadStress
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June 24, 2014, 06:18:34 AM
 #35774

If Sam Arsecole keep increasing his hashrate, Bitcoin will loose it creditbility and price will fall.
Good job Sam arsehole.

Bigger hashrate is good, lying own customers is bad.

If Sam Arsehole have 51% of the network,  it's all over.
I don't think that GREEDY bastard understand it.

Just because he is a greedy bastard he will not do something to disrupt bitcoin network.

I have $5095

Option A: buy 8.5 bitcoin today

Option B: buy a 6 TH/s miner with delivery in september that will mine back in its lifetime less than 5 bitcoin (and thats assuming it is delivered beginning of september). Oh, and you still have to pay for power and rewiring your house.

Please do enlighten us all and tell us how a buyer could go for option B and possibly be better off than option A? What is your magic secret?

I will cross post this (original post https://bitcointalk.org/index.php?topic=521520.msg7480675#msg7480675)

This has been discussed so many times already. As stated before I think there is a small misconception about the bitcoin ROI. Buying and holding 9 bitcoins raises the question of when you exchange them back to fiat or what are you doing with them while mining gives you more options.The way I see it it this:

- Exchange rate doesn't move for 6-12 months:
         - Buying and holding makes 0 profit;
         - Mining will show a profit because there is less incentive to deploy new hashpower
- Exchange rate goes up (fast or slow):
         - Buying and holding will show a profit, but uncertain because of the moment of exchanging. Will you exchange at 1000$, 1200$, 1500$ and so on. If you exchange 3 bitcoin at 1000$ and next month you have a 1200$ rate then you lost some profit there, while mining tends to smooth a bit this;
         - Mining will always show a profit if exchange rate goes up. I realize that it will be smaller than buying and holding if the exchange rate will go up fast, but since nobody doesn't know the future I prefer the conservative way instead of the lotto way.

There you have it. Out of 4 possibilities only 3 will show a profit and 2 out of 3 are from mining. It's everyone's choice how he plans his financing. All ROI discussions sums up to the above for me and I feel that it's a very over discussed general subject.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
raskul
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June 24, 2014, 06:19:22 AM
Last edit: June 24, 2014, 06:45:50 AM by raskul
 #35775


perhaps it's not the miner which is a bad deal, but how the buyer uses it.


I have $5095

Option A: buy 8.5 bitcoin today

Option B: buy a 6 TH/s miner with delivery in september that will mine back in its lifetime less than 5 bitcoin (and thats assuming it is delivered beginning of september). Oh, and you still have to pay for power and rewiring your house.

Please do enlighten us all and tell us how a buyer could go for option B and possibly be better off than option A? What is your magic secret?

there is no magic secret. i am no longer mining bitcoin (Option C)   Wink
ADD: your circuit must be very old if you are needing to rewire your home for 2500W
Everyone knows the secret to earning bitcoins is by pimping spondoolies hardware.

PS: use my affiliate link (1000% roi guaranteed)
ADD: and it's nothing to do with reselling. I am mining, just not bitcoin.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
jimmothy
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June 24, 2014, 06:37:49 AM
 #35776

Everyone knows the secret to earning bitcoins is by pimping spondoolies hardware.

PS: use my affiliate link (1000% roi guaranteed)
RoadStress
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June 24, 2014, 06:45:59 AM
 #35777

Everyone knows the secret to earning bitcoins is by pimping spondoolies hardware.

PS: use my affiliate link (1000% roi guaranteed)

Correction. Use my affiliate link and I will donate a percent of the hashrate bought.

Also a pretty weak reply to my view of seeing things. The way I see your reply after my analyze is like a caveman with a bat in his hand smashing things while someone explains him how stuff works.

Oh, and you still have to pay for power and rewiring your house.

No you don't if you colocate your unit: https://bitcointalk.org/index.php?topic=622998.0

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
sergio
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June 24, 2014, 06:49:38 AM
 #35778

If Sam Arsecole keep increasing his hashrate, Bitcoin will loose it creditbility and price will fall.
Good job Sam arsehole.

Bigger hashrate is good, lying own customers is bad.

That sam arsehole, is a man of no dignity, he promised not to mine over 5% of the customers hash rate, and now he is not honoring the refunds that were promise, he is a thief.

We should organize, we should not let this crooks get away, they have stole millions from miners like you and me.
he sold used junk as new.

He is pure filth, he could sell his mother if he could, a perfect example of pure greed and evil.
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June 24, 2014, 06:51:26 AM
 #35779

No you don't if you colocate your unit: https://bitcointalk.org/index.php?topic=622998.0


With expensive hosting (>$0.1/kwh) how can miners who buy overpriced hardware possibly compete with mining operations like datatank with much cheaper hardware and hosting costs less than $0.025/kwh?
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June 24, 2014, 06:57:26 AM
 #35780


you missed the part where they built a massive 'datorhall' with intent to build two more, then?  Cheesy


Anyone have source on this?

They're really f*cking the customers well
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