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ragingazn628
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April 29, 2013, 06:22:02 PM |
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Just got a reply from Sam now
andddd..... ? Nothing really interesting i was just asking the way they determine queue placement in case a customer (me) place pre-order for "KNC Bitcoin miner numbers 1-500", a mars and jupiter. And this Is his response: We will put all of your orders together and make sure you get the place in the queue with the lowest number.
Been decades since I took math, but isn't 1 the lowest number? Somebody check my work. it's -inf |
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dan99
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April 30, 2013, 03:00:48 AM |
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I wander what they are up to know? 1) revising the price of their 6gh/s FPGA Miner and continued with the planning and production of this model? 2) Go back to their previous offer? or 3) Only talk and talk and talk but No Action.. they isn't any recent updates and is already May 2013  |
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mwarrior
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Activity: 329
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https://eloncity.io/
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April 30, 2013, 05:02:56 AM |
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I wander what they are up to know? 1) revising the price of their 6gh/s FPGA Miner and continued with the planning and production of this model? 2) Go back to their previous offer? or 3) Only talk and talk and talk but No Action.. they isn't any recent updates and is already May 2013 Sure do hope it's option 2. |
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opentoe
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Personal text my ass....
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April 30, 2013, 07:08:01 AM |
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$ 2,795.00 for 6 GH FPGA? Hmmm  $ 7,000.00 for 250 GH ASIC(?) seems much better deal... That can't be correct. $3000 for 6GH? And it's not even an ASIC? I don't get it. you get $2000 discount for the jupiter when buying the mars. so the price is in reality $795. you just pay a bit for the jupiter in advance. it says up to $2000 so it can be less. You know what, all the talk about what companies will deliver and shit like that is nonsense now. I've never seen so much talk about shit that's supposed to happen or supposed to be made. In their newsletter it said that Jupiter would ship early Autumn, and that means in the bitcoin ASIC world late summer, next year. We would have to wait AT LEAST a solid half year for those Jupiters to be made/shipped. |
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Cablez
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I owe my soul to the Bitcoin code...
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April 30, 2013, 12:20:02 PM |
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Again, maybe everyone should stop being so flippant with your hard earned money and not preorder anything. The risk should be taken by the developer NOT the customer.
Screw their queues. You can outlast them by mining litecoin in the meantime.
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Tired of substandard power distribution in your ASIC setup??? Chris' Custom Cablez will get you sorted out right! No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
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johnyj
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Beyond Imagination
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April 30, 2013, 12:47:52 PM |
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The FPGA would break even if KNC asked ORSoC to create an FPGA with DDR3 memory and have it mine Litecoin scrypt.
Good suggestion, currently there is no existing product in this area |
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dan99
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April 30, 2013, 02:26:32 PM |
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Again, maybe everyone should stop being so flippant with your hard earned money and not preorder anything. The risk should be taken by the developer NOT the customer.
Screw their queues. You can outlast them by mining litecoin in the meantime.
Ya, I won't mind mining Litecoin, but not $2,795 for a Miner, maybe $795 to kick 80 to 90mh/s : ) |
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Bitcoinorama
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April 30, 2013, 05:48:36 PM
Last edit: April 30, 2013, 06:29:53 PM by Bitcoinorama |
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Mate $2.7k for a 6gh/s FPGA Litecoin Miner IS a justifiable expense. It will recoup funds spent in the allotted timescale. A 6gh/s FPGA Bitcoin miner won't, that's just a waste of good tech and is not the kind of forward thinking you'd expect from a company as capable as ORSoC.
A 6gh/s FPGA with DDR will remain futureproof for a multitude of applications including research, extending the product beyond end of life with it's application on cryptocurrencies. Most importantly though it would enable greater security in Litecoin, the most liquid crypto currency market beyond Bitcoin. This is important as it allows you to either keep or trade your mined Litecoins. Liquidity is something some of the alternative cryptocurrencies have yet to generate (aside from Bitcoin). Liquidity further benefits cryptocurrencies in general.
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Make my day! Say thanks if you found me helpful BTC Address ---> 1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp |
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Magnate
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April 30, 2013, 07:15:57 PM |
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Agreed-not interested in an expensive bitcoin FPGA, but if it had an appropriate amount of DDR5 ram with high band width and decent hash rate that would be interesting. I would buy that with no interest in upgrading to the BTC ASIC that came later.
Once it paid itself off it would remain profitable for some time, and then sold second hand to a university. A BTC ASIC would have to be thrown out once it stops being profitable (if it ever gets its ROI)
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Bitcoinorama
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April 30, 2013, 07:44:15 PM |
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Agreed-not interested in an expensive bitcoin FPGA, but if it had an appropriate amount of DDR5 ram with high band width and decent hash rate that would be interesting. I would buy that with no interest in upgrading to the BTC ASIC that came later.
- disagree I'd love it if their offer remained and encompassed both. In fact the entire point of their offer means it does. It would secure their development funds, and reduce the risk in supporting the big ticket item, the monster ASIC. This is the entire purpose of their FPGA offering. Once it paid itself off it would remain profitable for some time, and then sold second hand to a university. A BTC ASIC would have to be thrown out once it stops being profitable (if it ever gets its ROI)
- Again not entirely true, there are alternative research uses, but that certainly is something any forward thinking company needs to envisage uses for. I actually think it's quite irresponsible for companies this day and age not to hold that in mind. Reuse/refurbish/recycle are elements engineers and designers are expected to integrate into modern design. I'm not saying the companies are responsible for disposal, but they should envisage opportunities for their redundant products. Almost certainly BFL hasn't thought about this, simply they don't care; this is evident in their complete contempt for their customers. |
Make my day! Say thanks if you found me helpful BTC Address ---> 1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp |
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kano
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April 30, 2013, 08:52:32 PM |
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...
Almost certainly BFL hasn't thought about this, simply they don't care;
...
Nor has ASICMINER, or Avalon, or even did bASIC ... |
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Bitcoinorama
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April 30, 2013, 09:01:46 PM |
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...
Almost certainly BFL hasn't thought about this, simply they don't care;
...
Nor has ASICMINER, or Avalon, or even did bASIC ... As far as I'm aware they're not European though are they? http://en.m.wikipedia.org/wiki/Waste_Electrical_and_Electronic_Equipment_DirectiveDesign for disassembly was very much at the forefront of electronic design when I studied my MSc. a few years back. |
Make my day! Say thanks if you found me helpful BTC Address ---> 1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp |
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kano
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Linux since 1997 RedHat 4
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April 30, 2013, 09:06:07 PM |
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BFL isn't European either. |
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Bitcoinorama
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April 30, 2013, 09:08:32 PM |
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BFL isn't European either.
Indeed...but KNCminer are.... |
Make my day! Say thanks if you found me helpful BTC Address ---> 1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp |
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collapse
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step forward
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April 30, 2013, 09:22:02 PM |
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BFL isn't European either.
Indeed...but KNCminer are.... It's combined with a tax (another,other tax), included in product price... Implies, EU ASIC will never exist...with good price-performance ratio,..., never ROI. Can be used as radiator but I prefer more cheap radiator 50€, not more than 5000,... |
Elacoin-ELC, Betacoin-BET, Neutroncoin-NTRN, Americancoin-AMC, Stronghands-SHND, Craftcoin-CRC, DOGE, BCH, BTC,..., Bitcoin,...(and a lot more) Linux updated wallets (source code) for: ELC, BET, AMC, NKT, SLING, CRC,...[if (blocknumber > 115000) maxblocksize= largerlimit] [I don't think the threshold should ever be 0. We should always allow at least some free transactions.]
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Bitcoinorama
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April 30, 2013, 09:28:24 PM |
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Unless the product is fit for another purpose. Doesn't one of the main pools extend their computational power for non-bitcoin mining related research in reward for cash distributed amongst it's members??
I'm sure I saw that somewhere...
In any case this is a topic worthy of all miner's consideration IMO.
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Make my day! Say thanks if you found me helpful BTC Address ---> 1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp |
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dan99
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April 30, 2013, 10:45:36 PM |
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BFL isn't European either.
Indeed...but KNCminer are.... At the end of the day, it does not matter if your product is from europe, us or the far east, what matters is how fast you can chunk out the product as promised. |
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Bitcoinorama
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April 30, 2013, 10:50:59 PM |
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BFL isn't European either.
Indeed...but KNCminer are.... At the end of the day, it does not matter if your product is from europe, us or the far east, what matters is how fast you can chunk out the product as promised. With respect to this current scenario, agreed, though the 6gh/s FPGA made with DDR for Litecoin would make way wayyyy more sense for those investing and for KNCminer/ORSoC to produce a first to market there...for Bitcoin I fear 6gh/s is too late, esp at that price irrespective of the future discount. |
Make my day! Say thanks if you found me helpful BTC Address ---> 1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp |
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dan99
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April 30, 2013, 11:19:25 PM |
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If KcMiner could do 6gh/s with the DDR upgrades for litecoin that would be awesome, but at this point in time the highest hashing rate in the Litecoin mining pool that I have ever seen is 133mh/s, I would grab a miner even if they could only achieved half of that hashing rate.
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erschiessen
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April 30, 2013, 11:27:52 PM |
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If KcMiner could do 6gh/s with the DDR upgrades for litecoin that would be awesome, but at this point in time the highest hashing rate in the Litecoin mining pool that I have ever seen is 133mh/s, I would grab a miner even if they could only achieved half of that hashing rate.
Me, too. |
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