Swedish ASIC miner company kncminer.com

[alfabitcoin]

You guys from US (and other non vat) country are lucky. My country VAT is 25% on top of everything

7,9% here.

Thanks Temler for info earlier.
I guess I should start a company or move out! I would be happy with 7,9%  

You dont want to know what i pay for electricity^^ ca.0.40$/Kwh

Damn, we pay here $0,10/kwh
I wonder will some hosting datacentre can be open on Island? All knc stock should be run there with small operator cost

Islands typically have the most expensive electric, so.... no.
I live on Hawaii Island, where they profess we pay 37 cents, but after their fees, is actually .43 cents per kilowatt-hour.
May I ask... What made you think an Island would have cheap electric?

Sorry, meant to say Iceland,lol

[bobsag3]

I have some .081-.043/kwh down here by me... I will be doing official vetted hosting for several other individuals/group buys... more than willing to lend my services to anyone here.

[alfabitcoin]

I have some .081-.043/kwh down here by me... I will be doing official vetted hosting for several other individuals/group buys... more than willing to lend my services to anyone here.

And you should! All of you with cheap kwh, start a business in hosting services, not only for btc but for alt coins too and gpu farm for ltc.

[Phoenix1969]

You guys from US (and other non vat) country are lucky. My country VAT is 25% on top of everything

7,9% here.

Thanks Temler for info earlier.
I guess I should start a company or move out! I would be happy with 7,9%  

You dont want to know what i pay for electricity^^ ca.0.40$/Kwh

Damn, we pay here $0,10/kwh
I wonder will some hosting datacentre can be open on Island? All knc stock should be run there with small operator cost

Islands typically have the most expensive electric, so.... no.
I live on Hawaii Island, where they profess we pay 37 cents, but after their fees, is actually .43 cents per kilowatt-hour.
May I ask... What made you think an Island would have cheap electric?

Sorry, meant to say Iceland,lol

Hahahaha, ooooooooh, ok, makes sense now!

[Phoenix1969]

I have some .081-.043/kwh down here by me... I will be doing official vetted hosting for several other individuals/group buys... more than willing to lend my services to anyone here.

And you should! All of you with cheap kwh, start a business in hosting services, not only for btc but for alt coins too and gpu farm for ltc.

No thanks, I moved the office to 3 cent electric territory.. I offered hosting at a great rate, and got a lone single response, so We're not going to even try that now.

[alfabitcoin]

I have some .081-.043/kwh down here by me... I will be doing official vetted hosting for several other individuals/group buys... more than willing to lend my services to anyone here.

And you should! All of you with cheap kwh, start a business in hosting services, not only for btc but for alt coins too and gpu farm for ltc.

No thanks, I moved the office to 3 cent electric territory.. I offered hosting at a great rate, and got a lone single response, so We're not going to even try that now.

Well, maybe is not time yet. Remember that asic era just started and only 8 months since big explosion in btc price.
You always have this oportunity.

[bobsag3]

I have some .081-.043/kwh down here by me... I will be doing official vetted hosting for several other individuals/group buys... more than willing to lend my services to anyone here.

And you should! All of you with cheap kwh, start a business in hosting services, not only for btc but for alt coins too and gpu farm for ltc.

No thanks, I moved the office to 3 cent electric territory.. I offered hosting at a great rate, and got a lone single response, so We're not going to even try that now.

Well, maybe is not time yet. Remember that asic era just started and only 8 months since big explosion in btc price.
You always have this oportunity.

If hashfast/cointerra end up delivering, I allready have 1 BabyJet and 3 Cointerra's I will end up hosting. Just went thru the effort of getting vetted, getting all my information in place, and offering a valuable service for a reasonable costs. I have for example 2 fail overs for internet (in addition to the 99.99% uptime main connection), power redundancies and even location redundancy, all secured by IP cameras and motion sensors. Gotta love the internet age.

Anyone who would like to inquire about my services is welcome to PM me... I have a list of references you are more than welcome to contact.

[Ghrindy]

Anyone knows if the following will be the system-board of the KNCminer devices?

System-on-Module: ARM-SoC FPGA SO-DIMM   http://www.orsoc.se/?page_id=484
+
OpenRISC support in latest Linux 3.1 release  http://www.orsoc.se/?p=435


Edit:  "OpenRISC support in latest Linux 3.1 release"  is unrelated to the system-on-module (i think)

[Bitcoinorama]

Anyone knows if the following will be the system-board of the KNCminer devices?

System-on-Module: ARM-SoC FPGA SO-DIMM   http://www.orsoc.se/?page_id=484
+
OpenRISC support in latest Linux 3.1 release  http://www.orsoc.se/?p=435


Edit:  "OpenRISC support in latest Linux 3.1 release"  is unrelated to the system-on-module (i think)

Looks similar, check one of the two videos I posted from the open day, not the one with the Mars miner, but the one with the die size explanation. Same shape for sure...

[happyagnostic]

Which calculator is more helpful?  

http://btcinvest.net/bitcoin-mining-profit-calculator.php

vs.

http://mining.thegenesisblock.com

[dwdoc]

Which calculator is more helpful?  

http://btcinvest.net/bitcoin-mining-profit-calculator.php

vs.

http://mining.thegenesisblock.com

https://docs.google.com/spreadsheet/ccc?key=0Auya3iRE6az1dDc0UVgwMU52YVpTazVjSHByOGNiWHc&usp=sharing

From:

https://bitcointalk.org/index.php?topic=236050.msg3050458#msg3050458

[DeathAndTaxes]

It isn't that the calculators are inaccurate the output is "accurate" relative to the inputs.  But like they say garbage in, garbage out.  So when people who "ROI projections" that have difficulty going to 1 trillion well that would be garbage in.

Why is difficulty 1 trillion garbage in.  Well because even if the most efficient (J/GH ) is used (and the company can deliver on that) and you get the hardware for free, 1 trillion difficulty = 33,405 kWh per BTC.  At $0.10 per Kwh that would mean it would require $3,340.50 in electricity to produce 1 BTC.  Do you think that is likely?

Garbage in -> Garbage out.  Some people have trouble with the concept of exponential growth not being able to continue forever.  The calculators are fine however they require the user to use some intelligence in selecting realistic inputs.

[Ghrindy]

Anyone knows if the following will be the system-board of the KNCminer devices?

System-on-Module: ARM-SoC FPGA SO-DIMM   http://www.orsoc.se/?page_id=484
+
OpenRISC support in latest Linux 3.1 release  http://www.orsoc.se/?p=435


Edit:  "OpenRISC support in latest Linux 3.1 release"  is unrelated to the system-on-module (i think)

Looks similar, check one of the two videos I posted from the open day, not the one with the Mars miner, but the one with the die size explanation. Same shape for sure...

Thanx 4 the tip! It does look identical indeed: http://www.youtube.com/watch?v=by-je8XRCdY

Edit: to be exact: the board from your video has 1 more chip than the one from orsoc's link.

[crumbs]

...
At $0.10 per Kwh that would mean it would require $3,340.50 in electricity to produce 1 BTC.  Do you think that is likely?
...

Sure -- they will be guided not by greed, but by enlightened need to secure the network
"SHA256: Friendship Is Magic^TM"

[CYPER]

Anyone knows if the following will be the system-board of the KNCminer devices?

System-on-Module: ARM-SoC FPGA SO-DIMM   http://www.orsoc.se/?page_id=484
+
OpenRISC support in latest Linux 3.1 release  http://www.orsoc.se/?p=435


Edit:  "OpenRISC support in latest Linux 3.1 release"  is unrelated to the system-on-module (i think)

Looks similar, check one of the two videos I posted from the open day, not the one with the Mars miner, but the one with the die size explanation. Same shape for sure...

Thanx 4 the tip! It does look identical indeed: http://www.youtube.com/watch?v=by-je8XRCdY

Edit: to be exact: the board from your video has 1 more chip than the one from orsoc's link.

I just realised the coolers (Arctic A30) were already considered or chosen back in June:

[Bitcoinorama]

Anyone knows if the following will be the system-board of the KNCminer devices?

System-on-Module: ARM-SoC FPGA SO-DIMM   http://www.orsoc.se/?page_id=484
+
OpenRISC support in latest Linux 3.1 release  http://www.orsoc.se/?p=435


Edit:  "OpenRISC support in latest Linux 3.1 release"  is unrelated to the system-on-module (i think)

Looks similar, check one of the two videos I posted from the open day, not the one with the Mars miner, but the one with the die size explanation. Same shape for sure...

Thanx 4 the tip! It does look identical indeed: http://www.youtube.com/watch?v=by-je8XRCdY

Edit: to be exact: the board from your video has 1 more chip than the one from orsoc's link.

I just realised the coolers (Arctic A30) were already considered or chosen back in June:

[IMG]

Of course they were, this had been planned sometime back. They actually showed the heatsinks at the openday, and stated, "These are the heatsinks we will use, they are totally over specification for what is required".

[crumbs]

...
At $0.10 per Kwh that would mean it would require $3,340.50 in electricity to produce 1 BTC.  Do you think that is likely?
...

Sure -- they will be guided not by greed, but by enlightened need to secure the network
"SHA256: Friendship Is Magic^TM"

[DPoS]

Cant wait for the idiots to get their devices October 28 and other people November 1st for $3, 000 less, I'm sure they will come up with some brilliant math about how losing money is profitable if xyz the earth tilts its axis happen. Or I profited $400 now I just need Bitcoin to go to $10, 000.

wah wah..  I guess you aren't a day 1'er..   cry cry loser

[Bitcoinorama]

Cant wait for the idiots to get their devices October 28 and other people November 1st for $3, 000 less, I'm sure they will come up with some brilliant math about how losing money is profitable if xyz the earth tilts its axis happen. Or I profited $400 now I just need Bitcoin to go to $10, 000.

wah wah..  I guess you aren't a day 1'er..   cry cry loser

Do you want to know the funny thing, JohnyBigs rates Xcrowd as legit.

[klee]

Cant wait for the idiots to get their devices October 28 and other people November 1st for $3, 000 less, I'm sure they will come up with some brilliant math about how losing money is profitable if xyz the earth tilts its axis happen. Or I profited $400 now I just need Bitcoin to go to $10, 000.

wah wah..  I guess you aren't a day 1'er..   cry cry loser

Do you want to know the funny thing, JohnyBigs rates Xcrowd as legit.