Bitcoin Forum
March 29, 2024, 02:24:22 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 ... 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 [395] 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 ... 2137 »
  Print  
Author Topic: Swedish ASIC miner company kncminer.com  (Read 3049439 times)
plasmoske
Sr. Member
****
Offline Offline

Activity: 308
Merit: 251

The realist


View Profile
August 31, 2013, 01:50:42 AM
 #7881

30 Day   110 %
60 Day   208 %
90 Day   441 %

The genesis block is pretty spot on witb its calculations give or take 5gh, the last months its been 5gh behind. Good luck

Here's some maths logic for you. It's quite easy to double the network when it's small but when a network is already big, it takes quite a lot of effort to double it again and again and again.
"In a nutshell, the network works like a distributed timestamp server, stamping the first transaction to spend a coin. It takes advantage of the nature of information being easy to spread but hard to stifle." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
JohnyBigs
Sr. Member
****
Offline Offline

Activity: 560
Merit: 250


View Profile
August 31, 2013, 01:54:27 AM
 #7882

30 Day   110 %
60 Day   208 %
90 Day   441 %

The genesis block is pretty spot on witb its calculations give or take 5gh, the last months its been 5gh behind. Good luck

Here's some maths logic for you. It's quite easy to double the network when it's small but when a network is already big, it takes quite a lot of effort to double it again and again and again.

Yeah maybe a year from now guess what its going to double in September, therefore anyone who ordered from KNC will get pretty much nothing or $100-400
Ytterbium
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile WWW
August 31, 2013, 01:55:28 AM
 #7883

The HashFast die is 18x18mm2 and does 400Gh/s. (I'm just going with them since they disclosed their die size)

That's 1.2345679 Petahash/s per square meter (yes really).  A square kilometer is a million square meters, so if you had a square kilometer of HashFast chips you'd have a 1.2345679 Zetahashes/second.

1.2345679 PH/s equates to a difficulty of 172 million, so to convert a difficulty estimate into square meters of HashFast chips (just the silicon, not the package) you divide by 172 million.  So right now you'd need 0.38 square meters worth of HashFast chips to get that difficulty.

Now, you put in a start date of decemeber with the default parameters for the calculator, and it tells you the difficulty in november, 2014 will be 316,655,000,000.   That would require 1,841 square meters worth of HashFast chis.

Put in december of 2014, and it'll tell you that by november of 2015, the difficulty will be 279,729,190,000,000.  That would require 1.6 square kilometers worth of hashfast chips.

Put in a December, 2015 start and it'll estimate a difficulty generated by 1,453 square kilometers.

At that rate, we would need enough silicon to cover the earth's surface with HashFast chips by sometime in 2017.

plasmoske
Sr. Member
****
Offline Offline

Activity: 308
Merit: 251

The realist


View Profile
August 31, 2013, 01:57:44 AM
 #7884

Yeah maybe a year from now guess what its going to double in September, therefore anyone who ordered from KNC will get pretty much nothing or $100-400

$100-400 doesn't seem too bad. You want $16k return on your 7k 'investment'?  Roll Eyes

$100 is a bit extreme. So let's just take the number $400

400/7000 = 5%

Not bad Grin
-Redacted-
Hero Member
*****
Offline Offline

Activity: 574
Merit: 501


View Profile
August 31, 2013, 02:00:32 AM
 #7885

Why even try to reason with a troll?  They're like Democrats - they don't let inconveinient things like facts interfere with their vision of reality...
JohnyBigs
Sr. Member
****
Offline Offline

Activity: 560
Merit: 250


View Profile
August 31, 2013, 02:01:49 AM
 #7886

Yeah maybe a year from now guess what its going to double in September, therefore anyone who ordered from KNC will get pretty much nothing or $100-400

$100-400 doesn't seem too bad. You want $16k return on your 7k 'investment'?  Roll Eyes

$100 is a bit extreme. So let's just take the number $400

400/7000 = 5%

Not bad Grin

There is need for you to invest in bitcoin for that kind of return, much safer options.
ASIC-K
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


Hell?


View Profile
August 31, 2013, 02:03:18 AM
 #7887

i can afford to spend money on a miner, which i may or may not lose. im sorry you dont have that kind of financial freedom.
JohnyBigs
Sr. Member
****
Offline Offline

Activity: 560
Merit: 250


View Profile
August 31, 2013, 02:05:43 AM
 #7888

Why even try to reason with a troll?

The only troll here is you, denying historical data and current data. Your unit is worthless, but of course you will deny this to make your ego feel better lmao. The difference between winning investors and losing investors knowing when they are wrong and cut their losses. We'll find out which one you are in about a month or two. If your not day 1-3 your roi is negative lmao. Idiot
plasmoske
Sr. Member
****
Offline Offline

Activity: 308
Merit: 251

The realist


View Profile
August 31, 2013, 02:06:37 AM
 #7889

Again, 5% is the number you came up with since you used the genesis mining cal. With their doubling and doubling - that's almost impossible. So I'm going to label that as a worst case scenario. In an okay scenario, you're going to roi much more than that. And that would be pretty good for an investment.

Not many places where you can make back anywhere from 5% to 100%.
Beta-coiner1
Hero Member
*****
Offline Offline

Activity: 532
Merit: 500


View Profile
August 31, 2013, 02:09:00 AM
 #7890

I just realized KNC has stopped taking orders for the Mercury..

JohnyBigs
Sr. Member
****
Offline Offline

Activity: 560
Merit: 250


View Profile
August 31, 2013, 02:10:54 AM
 #7891

Again, 5% is the number you came up with since you used the genesis mining cal. With their doubling and doubling - that's almost impossible. So I'm going to label that as a worst case scenario. In an okay scenario, you're going to roi much more than that. And that would be pretty good for an investment.

Not many places where you can make back anywhere from 5% to 100%.

Lets stick to the resonable assumption of 5% there are many places where you can make that and much safer than BTC. Dont forget to remove fees for convertimg BTC to a usable form of currency and your down to 4%.
plasmoske
Sr. Member
****
Offline Offline

Activity: 308
Merit: 251

The realist


View Profile
August 31, 2013, 02:16:34 AM
 #7892

You know what? I should've just listened to everyone else and add you to ignore. There's no point in reasoning with idiots. Reasonable assumption? According to what? The genesis mining calculator? lol

Your maths and logic is totally off. I've already given you the scenario/logic behind how hard it is to double and double and double again. Yet you still failed to understand that. Then again, ain't you the idiot who wanted to cancel your order because the case didn't look good? LOL

Added to ignore.
superfluouso
Full Member
***
Offline Offline

Activity: 201
Merit: 100


View Profile
August 31, 2013, 02:16:43 AM
 #7893


anyone know if any PSUs allow to be on without being controlled by a motherboard?  Anything besides using paperclips, etc?  Something civil? Smiley


A paper clip is cheaper but:

http://www.ebay.com/itm/151106818357

And for those previously clueless about these paperclip shenanigans, here's a decent video:

http://tinyurl.com/lelywgv
SirWizz
Full Member
***
Offline Offline

Activity: 173
Merit: 100


View Profile
August 31, 2013, 02:20:01 AM
 #7894

Why even try to reason with a troll?  They're like Democrats - they don't let inconveinient things like facts interfere with their vision of reality...

And this statement is reasonable by Republican "standards". See?  Grin
-Redacted-
Hero Member
*****
Offline Offline

Activity: 574
Merit: 501


View Profile
August 31, 2013, 02:21:01 AM
 #7895

Why even try to reason with a troll?  They're like Democrats - they don't let inconveinient things like facts interfere with their vision of reality...

And this statement is reasonable by Republican "standards". See?  Grin

Sorry but I'm not a Republican, either.  
SirWizz
Full Member
***
Offline Offline

Activity: 173
Merit: 100


View Profile
August 31, 2013, 02:22:06 AM
 #7896

Why even try to reason with a troll?  They're like Democrats - they don't let inconveinient things like facts interfere with their vision of reality...

And this statement is reasonable by Republican "standards". See?  Grin

Sorry - I'm not a Republican. 

Who said you were?  Huh
plasmoske
Sr. Member
****
Offline Offline

Activity: 308
Merit: 251

The realist


View Profile
August 31, 2013, 02:22:43 AM
 #7897

http://en.wikipedia.org/wiki/Power_of_two#The_first_96_powers_of_two
Ytterbium
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile WWW
August 31, 2013, 02:25:01 AM
 #7898

Why even try to reason with a troll?  They're like Democrats - they don't let inconveinient things like facts interfere with their vision of reality...

On the other hand, as we all know Republicans are widely known for their rationality.

CMMPro
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500



View Profile
August 31, 2013, 02:26:04 AM
 #7899

These shenanigans with Avalon have to have thrown off the projected growth more than a bit, no?

I don't think we will see very many of those chips ever produced into a device that hashes....most of the DIY builders are facing bankruptcy once their users get litigious. A few small claims court rulings to pay the buyers back and they are bankrupt. I hope they incorporated or some of those people will be losing their homes. I digress...almost a million Avalon chips are now basically non-roi meeting garbage IMO.
 



Phoenix1969
Legendary
*
Offline Offline

Activity: 938
Merit: 1000


LIR DEV


View Profile
August 31, 2013, 02:30:30 AM
 #7900


anyone know if any PSUs allow to be on without being controlled by a motherboard?  Anything besides using paperclips, etc?  Something civil? Smiley


A paper clip is cheaper but:

http://www.ebay.com/itm/151106818357

And for those previously clueless about these paperclip shenanigans, here's a decent video:

http://tinyurl.com/lelywgv
also here in corsair psu faq: item #8   https://corsair.secure.force.com/kA1400000008UVw

Dpos... I'm using a simple wire nut on each, for a more permanent solution.... nothing fancy


                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
Pages: « 1 ... 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 [395] 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 426 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 ... 2137 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!