Swedish ASIC miner company kncminer.com

[seanrarey]

Mining exploit:  

http://mashable.com/2013/11/04/bitcoin-cornell-researchers/

"large mining pools are a threat to the system.

"Miners should therefore break off from large pools until no pool exceeds the threshold size, and so no pool can benefit from the Selfish-Mine strategy," Eyal and Sirer wrote."

Sound familiar guys?

Those of us using 28nm technology are at the forefront in mining right now.  What we do can surely affect the future of the currency.  We are powerful, and the powerful should exercise wisdom when using their power.  This applies to mining.

In a former post I was criticized for my warnings.  I am not sure why anyone would want to make their investment worthless by doing something to harm the ecosystem they are mining in... potentiality making their miner worthless if the system fails.  Some posted that it "should fail" if it cannot withstand ignorance and greed.

I do not agree.  I have power.  You have power.  I again ask those that want to be a positive, balancing force against the threat of consolidation to get out of the big pools that are becoming a threat to our future income and join me in smaller, diversified pools to make our network stronger; more resistant to this kind of attack, and viable for long-term profit.

[1715174736]

1715174736

[1715174736]

1715174736

[1715174736]

1715174736

[1715174736]

1715174736

[1715174736]

1715174736

[MrHempstock]

Mining exploit:  

http://mashable.com/2013/11/04/bitcoin-cornell-researchers/

"large mining pools are a threat to the system.

"Miners should therefore break off from large pools until no pool exceeds the threshold size, and so no pool can benefit from the Selfish-Mine strategy," Eyal and Sirer wrote."

Sound familiar guys?

Those of us using 28nm technology are at the forefront in mining right now.  What we do can surely affect the future of the currency.  We are powerful, and the powerful should exercise wisdom when using their power.  This applies to mining.

In a former post I was criticized for my warnings.  I am not sure why anyone would want to make their investment worthless by doing something to harm the ecosystem they are mining in... potentiality making their miner worthless if the system fails.  Some posted that it "should fail" if it cannot withstand ignorance and greed.

I do not agree.  I have power.  You have power.  I again ask those that want to be a positive, balancing force against the threat of consolidation to get out of the big pools that are becoming a threat to our future income and join me in smaller, diversified pools to make our network stronger; more resistant to this kind of attack, and viable for long-term profit.

Good intentions, but will end up kind of like voting. You may actually have the right answer for the right reasons, but your single vote won't matter much. Organizing a multitude of votes, yes. But the "masses" will always vote with the sheep mentality. Or, in this case, the pools with the best fee/payout structures.

[xyzzy099]

Mining exploit:  

http://mashable.com/2013/11/04/bitcoin-cornell-researchers/

"large mining pools are a threat to the system.

"Miners should therefore break off from large pools until no pool exceeds the threshold size, and so no pool can benefit from the Selfish-Mine strategy," Eyal and Sirer wrote."

Sound familiar guys?

Those of us using 28nm technology are at the forefront in mining right now.  What we do can surely affect the future of the currency.  We are powerful, and the powerful should exercise wisdom when using their power.  This applies to mining.

In a former post I was criticized for my warnings.  I am not sure why anyone would want to make their investment worthless by doing something to harm the ecosystem they are mining in... potentiality making their miner worthless if the system fails.  Some posted that it "should fail" if it cannot withstand ignorance and greed.

I do not agree.  I have power.  You have power.  I again ask those that want to be a positive, balancing force against the threat of consolidation to get out of the big pools that are becoming a threat to our future income and join me in smaller, diversified pools to make our network stronger; more resistant to this kind of attack, and viable for long-term profit.

If it turns out that bitcoin cannot exist without your altruistic self-sacrifice, bitcoin will die soon and deservedly.  I predict that a more robust solution will presently emerge, and again, your noble self-sacrifice will be no more than another one of those memories you use to convince yourself you are better than the other greedy, self-interested, animalistic excuses for humanity that make up the rest of the species you were unfortunate enough to be born into.

[seanrarey]

Mining exploit:  

http://mashable.com/2013/11/04/bitcoin-cornell-researchers/

"large mining pools are a threat to the system.

"Miners should therefore break off from large pools until no pool exceeds the threshold size, and so no pool can benefit from the Selfish-Mine strategy," Eyal and Sirer wrote."

Sound familiar guys?

Those of us using 28nm technology are at the forefront in mining right now.  What we do can surely affect the future of the currency.  We are powerful, and the powerful should exercise wisdom when using their power.  This applies to mining.

In a former post I was criticized for my warnings.  I am not sure why anyone would want to make their investment worthless by doing something to harm the ecosystem they are mining in... potentiality making their miner worthless if the system fails.  Some posted that it "should fail" if it cannot withstand ignorance and greed.

I do not agree.  I have power.  You have power.  I again ask those that want to be a positive, balancing force against the threat of consolidation to get out of the big pools that are becoming a threat to our future income and join me in smaller, diversified pools to make our network stronger; more resistant to this kind of attack, and viable for long-term profit.

Good intentions, but will end up kind of like voting. You may actually have the right answer for the right reasons, but your single vote won't matter much. Organizing a multitude of votes, yes. But the "masses" will always vote with the sheep mentality. Or, in this case, the pools with the best fee/payout structures.

Ok, How is this.  https://give-me-coins.com  Zero fees, easy to use for nuubs, payout good as any.

Of course if too many people jump over there, the problem starts over.  That is why I advocate to find one you like on your own, but for now, that is one of a great many great, small pools that we could be using to help diversify the network instead of "being the sheep" as you put it and and blindly going over the cliff en-mass.

[MrHempstock]

Hey, the lemurs did it for a good cause.

Disney.

[jelin1984]

Ok, How is this.  https://give-me-coins.com  Zero fees, easy to use for nuubs, payout good as any.



What is the pin code that I must put at register page???

[seanrarey]

Mining exploit:  

http://mashable.com/2013/11/04/bitcoin-cornell-researchers/

"large mining pools are a threat to the system.

"Miners should therefore break off from large pools until no pool exceeds the threshold size, and so no pool can benefit from the Selfish-Mine strategy," Eyal and Sirer wrote."

Sound familiar guys?

Those of us using 28nm technology are at the forefront in mining right now.  What we do can surely affect the future of the currency.  We are powerful, and the powerful should exercise wisdom when using their power.  This applies to mining.

In a former post I was criticized for my warnings.  I am not sure why anyone would want to make their investment worthless by doing something to harm the ecosystem they are mining in... potentiality making their miner worthless if the system fails.  Some posted that it "should fail" if it cannot withstand ignorance and greed.

I do not agree.  I have power.  You have power.  I again ask those that want to be a positive, balancing force against the threat of consolidation to get out of the big pools that are becoming a threat to our future income and join me in smaller, diversified pools to make our network stronger; more resistant to this kind of attack, and viable for long-term profit.

If it turns out that bitcoin cannot exist without your altruistic self-sacrifice, bitcoin will die soon and deservedly.  I predict that a more robust solution will presently emerge, and again, your noble self-sacrifice will be no more than another one of those memories you use to convince yourself you are better than the other greedy, self-interested, animalistic excuses for humanity that make up the rest of the species you were unfortunate enough to be born into.

I am not sure why you call it "self sacrifice".  I make the same amount of money mining as anybody else; more, actually, because I don't pay pool fees.  Why is asking people to "mine smart" self sacrifice?

It is actually self serving.  I have benefited greatly from the experiment we call Bitcoin, and I want it to be around for a long time so I can benefit much more.

Hardly "self sacrifice".

[seanrarey]

Ok, How is this.  https://give-me-coins.com  Zero fees, easy to use for nuubs, payout good as any.



What is the pin code that I must put at register page???

Um, if you are asking what you PIN should be, I believe that is a security feature... you have to make one up.

[seanrarey]

http://hhtt.1209k.com/

A very robust "smaller" pool that does not require an account... handy for those not wanting their profits tracked...


... so many great pools to choose from outside the "big five".

[xyzzy099]

I am not sure why you call it "self sacrifice".  I make the same amount of money mining as anybody else; more, actually, because I don't pay pool fees.  Why is asking people to "mine smart" self sacrifice?

It is actually self serving.  I have benefited greatly from the experiment we call Bitcoin, and I want it to be around for a long time so I can benefit much more.

Hardly "self sacrifice".

You are urging people to leave pools that they have freely chosen, for whatever reason, as best suited for their own purposes.  That is a request for self-sacrifice.

The real problem though, is that you refuse to understand that a herd of sheep choosing to be 'good' and 'do the right thing' will typically end up devoured by wolves unfettered by such considerations.

I don't contend that you shouldn't do what you think is right...  I just hope you will learn not to expect it to necessarily save you (or bitcoin) from the big bad wolf.

Wouldn't it be better for us to seek out a more robust solution that doesn't require you, or those others less intelligent or less righteous than you that you would lead, to do the 'right thing', or even recognize what that is?

[sickpig]

http://hhtt.1209k.com/

A very robust "smaller" pool that does not require an account... handy for those not wanting their profits tracked...


... so many great pools to choose from outside the "big five".

under pool's found section

Code:

Income		Paid		Net
15125.00000000	15947.50474200	-822.50474200

it doesn't seem right?

[seanrarey]

I am not sure why you call it "self sacrifice".  I make the same amount of money mining as anybody else; more, actually, because I don't pay pool fees.  Why is asking people to "mine smart" self sacrifice?

It is actually self serving.  I have benefited greatly from the experiment we call Bitcoin, and I want it to be around for a long time so I can benefit much more.

Hardly "self sacrifice".

You are urging people to leave pools that they have freely chosen, for whatever reason, as best suited for their own purposes.  That is a request for self-sacrifice.

The real problem though, is that you refuse to understand that a herd of sheep choosing to be 'good' and 'do the right thing' will typically end up devoured by wolves unfettered by such considerations.

I don't contend that you shouldn't do what you think is right...  I just hope you will learn not to expect it to necessarily save you (or bitcoin) from the big bad wolf.

Wouldn't it be better for us to seek out a more robust solution that doesn't require you, or those others less intelligent or less righteous than you that you would lead, to do the 'right thing', or even recognize what that is?

Let me get this right.  Your position is that I am wrong to ask people not to be unthinking sheep?  Wrong to ask people to educate themselves for the betterment of their hobby/business?

Seems an odd position to take, unless your point is to be argumentative?

[Phoenix1969]

it's not, the beta was explicitly to address die zero, but anyone can apply, 9.8.1 production - there's some minor improvements, but Phoenix your boxes are happy as they are...

AAAWwwww..Cmon' O'rama....
You know, that I know, that you know I know that you know, that Ewok spends countless hours tweaking for perfection... So when a firmware comes out talking about improvements....  Ewok will waste no time tryin'!!!

[xyzzy099]

I am not sure why you call it "self sacrifice".  I make the same amount of money mining as anybody else; more, actually, because I don't pay pool fees.  Why is asking people to "mine smart" self sacrifice?

It is actually self serving.  I have benefited greatly from the experiment we call Bitcoin, and I want it to be around for a long time so I can benefit much more.

Hardly "self sacrifice".

You are urging people to leave pools that they have freely chosen, for whatever reason, as best suited for their own purposes.  That is a request for self-sacrifice.

The real problem though, is that you refuse to understand that a herd of sheep choosing to be 'good' and 'do the right thing' will typically end up devoured by wolves unfettered by such considerations.

I don't contend that you shouldn't do what you think is right...  I just hope you will learn not to expect it to necessarily save you (or bitcoin) from the big bad wolf.

Wouldn't it be better for us to seek out a more robust solution that doesn't require you, or those others less intelligent or less righteous than you that you would lead, to do the 'right thing', or even recognize what that is?

Let me get this right.  Your position is that I am wrong to ask people not to be unthinking sheep?  Wrong to ask people to educate themselves for the betterment of their hobby/business?

Seems an odd position to take, unless your point is to be argumentative?

No, I am just pointing out that you are not helping the problem, and you are annoying the sheep.

The right solution is to make the bitcoin protocol more robust to protect against this attack, so individual behavioral choices of miners is not relevant - and I see on the bitcoin-dev mailing lists that this is well underway.

If you want to lead a flock, feel free - but I for one would appreciate it if you would find another pulpit, so I don't have to read your sanctimonius and ultimately unhelpful sermons.

[seanrarey]

I have read and received some of the strangest posts in this forum.

Although I have KnC equipment in my mining arsenal, I was not a part of this forum until it was pointed out to me recently by a colleague.  It was, BTW pointed out to me in a negative connotation.

So let me introduce myself.

My name is Sean Rarey.  I do not hide behind any fake screen names.  I am not trying to pull the wool over anybody's eyes, or fool anybody.  Anybody  in the area of Grants Pass Oregon, I will give you my address and you can drop by by office.  I am as open as it comes.

I make a living off this industry.  My only purpose/intent is to help others be successful in this industry.  Whether it is mining, accepting transactions at your business, or trading, I make a living off helping people use/mine/invest Bitcoin.

That said, I have been very reserved in posting here, because this forum in so incredibly negative.  Yet... you are miners, right?

Decentralization is important.  Possessing powerful machines, you all have a role.  Like it or not.  And what you do can affect the network.

Why is it that there are those that seem terrified of me telling you this?

I will let each of you come to your own conclusion, but there is certainly nothing to be gained arguing about it.

[RoadStress]

HOLY MOTHER! The 0.98.1 firmware is the boss! Good job KnC for pushing the units faster and faster!

My unit is going TO DA MOON! ┗(°0°)┛

[jelin1984]

What is the watt per wall for Saturn with 8vrms??

[sickpig]

HOLY MOTHER! The 0.98.1 firmware is the boss! Good job KnC for pushing the units faster and faster!

My unit is going TO DA MOON! ┗(°0°)┛

which was your prev fw version/hashrate and what's your new hashrate with .98.1?
does your miner have 8VRM PCB boards?

thanks in advance

[Bitcoinorama]

it's not, the beta was explicitly to address die zero, but anyone can apply, 9.8.1 production - there's some minor improvements, but Phoenix your boxes are happy as they are...

AAAWwwww..Cmon' O'rama....
You know, that I know, that you know I know that you know, that Ewok spends countless hours tweaking for perfection... So when a firmware comes out talking about improvements....  Ewok will waste no time tryin'!!!

Haha I know you know I know you know, I'm just trying to protect you, (and your miner) from yourself!!

Sounds like it's on fire metaphorically speaking, let's not make it literal.

[NetTime]

HOLY MOTHER! The 0.98.1 firmware is the boss! Good job KnC for pushing the units faster and faster!

My unit is going TO DA MOON! ┗(°0°)┛

+1 My Jupiter was running like complete shit since 0.97.  The latest seems to be better.