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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007655 times)
vesperwillow
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September 18, 2013, 12:30:48 PM
 #9821


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Xialla
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September 18, 2013, 12:35:25 PM
 #9822



EPIC!, cg.)
Bitcoinorama
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September 18, 2013, 12:37:30 PM
 #9823

Arrrgh, and again!!!!

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
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September 18, 2013, 12:38:18 PM
 #9824

Even "this user is currently ignored" beat you out this time...
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September 18, 2013, 12:41:39 PM
 #9825

Just trying to do some rough calculations on what the (increasingly likely looking) bulk KNC delivery will do to the total network hash rate and therefore difficulty. All figures are approximate  Smiley

Current network hash rate: 1,000,000 GH/s
Possible number of September/October orders: 5,000 (based on my August order number)
Predicted hash rate of Jupiter: 500 GH/s
Average hash rate of KNC products: 250GH/s (assuming even split between Jupiter/Saturn/Mercury)

Hash rate after KNC delivers September/October batch: 1,000,000+(5,000x250) = 2,250,000 GH/s

Which will do wonders for existing BFL products' ROI :-) In the interests of transparency, it would be a fantastic move if KNC were to release accurate figures of their order book's future effect on the hash rate, rather than my rather simplistic "guesstimates"...


"How are you justifying these as fair use?  They are clearly and unequivocally a copyright violation."
"I really want to know how you justify that under the fair use doctrine?  It does not conform to a single point of fair use."
Josh whining about people reusing his studio portrait shot on this forum. Can you copyright a copyright complaint? All Paypal refunds are final.
vesperwillow
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September 18, 2013, 12:46:29 PM
 #9826


Lol thanks

Arrrgh, and again!!!!

I've been waiting for many pages for that spot.. lol. Mental milestone.
Just trying to do some rough calculations on what the (increasingly likely looking) bulk KNC delivery will do to the total network hash rate and therefore difficulty. All figures are approximate  Smiley

Current network hash rate: 1,000,000 GH/s
Possible number of September/October orders: 5,000 (based on my August order number)
Predicted hash rate of Jupiter: 500 GH/s
Average hash rate of KNC products: 250GH/s (assuming even split between Jupiter/Saturn/Mercury)

Hash rate after KNC delivers September/October batch: 1,000,000+(5,000x250) = 2,250,000 GH/s

Which will do wonders for existing BFL products' ROI :-) In the interests of transparency, it would be a fantastic move if KNC were to release accurate figures of their order book's future effect on the hash rate, rather than my rather simplistic "guesstimates"...



I overheard that KNC was delivering ~5 PH the first batch. I guess we'll see!

Gyrsur
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September 18, 2013, 12:52:14 PM
 #9827

if you have a paid order somewhere status of order is usually "Processing". within KNC order system it is only "Paid (Payed)". anybody here with the same experience?
kano
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September 18, 2013, 12:53:48 PM
 #9828

You do realise that the bitcoin rules do allow a difficulty jump on a single difficulty, to be up to 400% ... Smiley

Current difficulty hash rate = 800TH/s

If you think the network hash rate is 1000TH/s already then that immediately implies that the next difficulty jump will be 25% or more ... so not really slowing down much ...

And since KnC is supposedly delivering 2.5PH/s in 12 days, the difficulty change after that will be something like 200% ... that will make the recent 30%+ figures seem tiny
If it is 5PH/s then we could hit the limit of a 400% difficulty change in less than 20 days

Though that is all assuming they start delivering when they say they will and do deliver what they say they will ...

Lets just hope they don't put 50% of the bitcoin network into a single data centre.
I'd wonder if the bitcoin devs would take action over that ...

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September 18, 2013, 12:55:25 PM
 #9829

if you have a paid order somewhere status of order is usually "Processing". within KNC order system it is only "Paid (Payed)". anybody here with the same experience?

yep, same here:

Order #9XX Paid (Payed)
Gyrsur
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September 18, 2013, 12:56:19 PM
 #9830

if you have a paid order somewhere status of order is usually "Processing". within KNC order system it is only "Paid (Payed)". anybody here with the same experience?

yep, same here:

Order #9XX Paid (Payed)

thank you! so I'm not alone! Smiley
weaknesswaran
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September 18, 2013, 01:01:45 PM
 #9831


Lets just hope they don't put 50% of the bitcoin network into a single data centre.
I'd wonder if the bitcoin devs would take action over that ...

Change algorithm to bring back fpga and gpu mining?
blastbob
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September 18, 2013, 01:04:13 PM
 #9832

You do realise that the bitcoin rules do allow a difficulty jump on a single difficulty, to be up to 400% ... Smiley

Current difficulty hash rate = 800TH/s

If you think the network hash rate is 1000TH/s already then that immediately implies that the next difficulty jump will be 25% or more ... so not really slowing down much ...

And since KnC is supposedly delivering 2.5PH/s in 12 days, the difficulty change after that will be something like 200% ... that will make the recent 30%+ figures seem tiny
If it is 5PH/s then we could hit the limit of a 400% difficulty change in less than 20 days

Though that is all assuming they start delivering when they say they will and do deliver what they say they will ...

Lets just hope they don't put 50% of the bitcoin network into a single data centre.
I'd wonder if the bitcoin devs would take action over that ...

Dont worry, someone will ddos that location.

Psst.. Got Ether?
donch
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September 18, 2013, 01:07:18 PM
 #9833

If it is 5PH/s then we could hit the limit of a 400% difficulty change in less than 20 days

Whatever way you look at the numbers, it's going to be an interesting few weeks...

The thing I find interesting is the way the network hash rate rises then falls. The only explanation that jumps to my mind is BFL mining on it's stock and then doing a big delivery and the fall is the stock in transit. Just because I'm a conspiracy theorist doesn't mean I'm wrong  Smiley

I do feel sorry for all the BFL customers who haven't received their orders yet. Their ROI is going to horrific. All I can say is get a PayPal refund quick....

"How are you justifying these as fair use?  They are clearly and unequivocally a copyright violation."
"I really want to know how you justify that under the fair use doctrine?  It does not conform to a single point of fair use."
Josh whining about people reusing his studio portrait shot on this forum. Can you copyright a copyright complaint? All Paypal refunds are final.
kano
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September 18, 2013, 01:11:24 PM
 #9834

No, block finding is random - that's why it rises and falls.

Any estimate using only a day of block data is pretty unreliable.
A week is usually pretty good.

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baloo_kiev
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September 18, 2013, 01:11:43 PM
 #9835

And since KnC is supposedly delivering 2.5PH/s in 12 days

Source?

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kano
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September 18, 2013, 01:13:11 PM
 #9836


Lets just hope they don't put 50% of the bitcoin network into a single data centre.
I'd wonder if the bitcoin devs would take action over that ...

Change algorithm to bring back fpga and gpu mining?
... shhhh don't tell them that Cheesy

Pool: https://kano.is Here on Bitcointalk: Forum BTC: 1KanoPb8cKYqNrswjaA8cRDk4FAS9eDMLU
FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
kano
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September 18, 2013, 01:13:54 PM
 #9837

And since KnC is supposedly delivering 2.5PH/s in 12 days

Source?
Tomato

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FreeNode IRC: irc.freenode.net channel #kano.is Majority developer of the ckpool code
Help keep Bitcoin secure by mining on pools with full block verification on all blocks - and NO empty blocks!
baloo_kiev
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September 18, 2013, 01:18:32 PM
 #9838

And since KnC is supposedly delivering 2.5PH/s in 12 days

Source?

Try reading back, oh, all of about 10 messages or so...

Read 2 pages. Still can't get how he derived the "2.5PH/s"

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creativex
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September 18, 2013, 01:23:48 PM
 #9839

5000*500 = ______

or there's this maths if you like

Quote
1,000,000+(5,000x250) = 2,250,000 GH/s

plasmoske
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September 18, 2013, 01:24:18 PM
 #9840

And since KnC is supposedly delivering 2.5PH/s in 12 days, the difficulty change after that will be something like 200% ... that will make the recent 30%+ figures seem tiny
If it is 5PH/s then we could hit the limit of a 400% difficulty change in less than 20 days

Man I'd really like to see that happen. Will be massive news/shock to the bitcoin world especially the miners Cheesy

200% increase will make people shit bricks I tell ya
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