Swedish ASIC miner company kncminer.com

[Biomech]

I wonder how long it will be before countries start buying oil in BTC, instead of the U.S. Dollar....
BTC acceptance for campaign contributions is actually being voted on in congress too...
There are big things in the works...

any links on that? The congress thing, not the oil. Though both would be rather interesting.

[1714046071]

1714046071

[1714046071]

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[1714046071]

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[Phoenix1969]

This is sad even at almost $400/bitcoin you barley make anything, completely retarded to buy any of these overpriced pieces of shit.

WHAT?    You must be doing something wrong then....  Ive been hashing the 3 saturns since september 15th,*edit.. (one on the 11th, two on the 18th)which is just over three weeks, and they have Produced enough BTC to buy 2 Nov. Jupiters, which is about 150% more hashpower than I currently have...IF they are still 550GH/s devices...
which I'm sure they won't be.
If you can get more hashpower than the diff increase, your income will grow instead of diminish....
I still have a week left to hit the one month mark, which is about how long it takes for the diff to double...   so I am Way ahead of the game so far IMHO.

so basically you spend about 13K and have only made 10K back? How is this profitable in your mind?

I spent 11.8k, and got over 10 back in 24 days, YES I call that profitable! DUH!

[opentoe]

Calling O'rama a liar repeatedly when he's just relaying messages makes you look retarded.
It's getting really old too. There are entirely too many pages of it.

Please tell me that is not directed at Bargraphics?  

It's directed to those who are doing it. Names witholding.... Doesn't matter. I don't see the obsession with accusing O'rama of all kinds of shit. He has done nothing wrong....period.

If you or me were in his shoes, we would have easily ended up with the same by relaying messages... get over it already. You guys act like a angry lynch-mob...... trying to kill the messenger....

I think Bargraphics was being tongue-in-cheek. I've met the guy, he's cool.

I think so too, just keepin' folks in-check with reality...

BTW...

under "Saturn info"...
"The KnC mining modules will be on sale for delivery from 15th November in-line with our second shipment date. Both the Saturn rig, and its respective upgradable ASIC modules are designed by Sweden’s ORSoC engineers, and will offer industry leading performance and power consumption per Gigahash (Gh)"

I have a feeling the November units are gonna ROCK!

They gonna sell modules? Do you know how much? I assume they will come with the proper length data cables, right, so they can reach the modules all the way in the back. Now, how much per module.

[Phoenix1969]

I wonder how long it will be before countries start buying oil in BTC, instead of the U.S. Dollar....
BTC acceptance for campaign contributions is actually being voted on in congress too...
There are big things in the works...

any links on that? The congress thing, not the oil. Though both would be rather interesting.

http://www.theverge.com/2013/11/8/5080774/fec-to-allow-bitcoin-contributions-in-political-campaigns

http://www.usatoday.com/story/onpolitics/2013/11/08/bitcoins-digitial-currency-political-donations-federal-election-commission/3474777/

http://politics.slashdot.org/story/13/11/09/0039201/bitcoin-donations-to-us-campaigns-might-soon-be-allowed?utm_source=rss1.0moreanon&utm_medium=feed

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=5&cad=rja&ved=0CD0QFjAE&url=http%3A%2F%2Fwww.politico.com%2Fstory%2F2013%2F11%2Fbitcoin-campaign-donations-draft-rule-99566.html&ei=Wi9_Up6eBMGtiQLL0YD4Aw&usg=AFQjCNH3rDsSvUd6ihtKrNaIVCkqUvn4mA&sig2=bSIw17h0s_fwNucdSN1PnQ
there are a hundred..

[DPoS]

I wonder how long it will be before countries start buying oil in BTC, instead of the U.S. Dollar....
BTC acceptance for campaign contributions is actually being voted on in congress too...
There are big things in the works...

any links on that? The congress thing, not the oil. Though both would be rather interesting.

the big talk is the Nov 18th meeting

homeland security/fed/etc

[Biomech]

I wonder how long it will be before countries start buying oil in BTC, instead of the U.S. Dollar....
BTC acceptance for campaign contributions is actually being voted on in congress too...
There are big things in the works...

any links on that? The congress thing, not the oil. Though both would be rather interesting.

http://www.theverge.com/2013/11/8/5080774/fec-to-allow-bitcoin-contributions-in-political-campaigns

http://www.usatoday.com/story/onpolitics/2013/11/08/bitcoins-digitial-currency-political-donations-federal-election-commission/3474777/

http://politics.slashdot.org/story/13/11/09/0039201/bitcoin-donations-to-us-campaigns-might-soon-be-allowed?utm_source=rss1.0moreanon&utm_medium=feed

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=5&cad=rja&ved=0CD0QFjAE&url=http%3A%2F%2Fwww.politico.com%2Fstory%2F2013%2F11%2Fbitcoin-campaign-donations-draft-rule-99566.html&ei=Wi9_Up6eBMGtiQLL0YD4Aw&usg=AFQjCNH3rDsSvUd6ihtKrNaIVCkqUvn4mA&sig2=bSIw17h0s_fwNucdSN1PnQ
there are a hundred..

Thanks!

That's perversely kind of cool. If the pols are getting donations, they are probably a bit less likely to try to kill the golden goose. Probably.

[opentoe]

Has anyone measured the power draw of a Jupiter at the wall? I'm trying to see if a Seasonic X1250 is enough to power 2 of them.

I get 1W/GH/s, dependant on firmware that can be more, or less. Lowest I played with was 0.85W/GH/s in Atlanta, the most I've drawn has been 1.1W/GH/s. That's at the wall.

Personally I would stick to two separate PSUs in case for whatever reason you experience a fault with the PSU, or want to separate the units.

In answer to both yours and the guy above, the Coolermaster V850 is what's being used throughout the hosting, and in the lab, and has run faultlessly the entire time.

http://www.coolermaster.com/product/Detail/powersupply/v-series-psu/v850.html

It's totally silent as well.

This is that PSU that has 4 PCI-E connections but only comes with 3 cables. Odd.

[opentoe]

Jupiter is only 500Gh/s and selling for $5000 USD, and then I see a Cointerra Terraminer 2TH/s for $6000. To me this means it is all less then a gamble and all slowly becomes a slow loss if you aren't in it now. I've been hashing my Saturn 24/7 since I received it and basically only have gotten back 7 bitcoin. I guess I'm a little impatient with everything but I doubt I'll ever break even. It is fun and all that, but maybe I'll put my money into a more profitable venture. We're just a bunch if kids here seeing how much bitcoin we can make. And if you live at home with mommy and daddy who pay all the bills, you have a better chance then most.

Tell mommy to wash those whites!

[arlekyn13]

I see some people love to calculate profit/loss in $ instead of BTC. To them I can say only this, the higher the value of BTC in $, the higher the LOSS you take if you don't mine back your spent BTC. Simple as that.
This is an example of my bad investment with KNC: I spent BTC 160 (about $18500 at the time I bought the gear) and i expect to mine back BTC 50. If BTC price goes to $1000, I will NOT have a gain of $50,000 - 18,500 = $ 31,500, but rather a loss of BTC 110, meaning a loss of $ 110,000

[seanrarey]

I see some people love to calculate profit/loss in $ instead of BTC. To them I can say only this, the higher the value of BTC in $, the higher the LOSS you take if you don't mine back your spent BTC. Simple as that.
This is an example of my bad investment with KNC: I spent BTC 160 (about $18500 at the time I bought the gear) and i expect to mine back BTC 50. If BTC price goes to $1000, I will NOT have a gain of $50,000 - 18,500 = $ 31,500, but rather a loss of BTC 110, meaning a loss of $ 110,000

When, oh when will people stop beating this tired drum?  How many times are you people going to post this over and over and over in this forum?

You want to mine.  You bought miners.  Good for you.

Others want to mine.  Good for them.

Those that were not frightened away the first 100 times this math was presented, are not likely to driven away by future posts of the same information.

It just gets so very tiresome.

[Mota]

I see some people love to calculate profit/loss in $ instead of BTC. To them I can say only this, the higher the value of BTC in $, the higher the LOSS you take if you don't mine back your spent BTC. Simple as that.
This is an example of my bad investment with KNC: I spent BTC 160 (about $18500 at the time I bought the gear) and i expect to mine back BTC 50. If BTC price goes to $1000, I will NOT have a gain of $50,000 - 18,500 = $ 31,500, but rather a loss of BTC 110, meaning a loss of $ 110,000

When, oh when will people stop beating this tired drum?  How many times are you people going to post this over and over and over in this forum?

You want to mine.  You bought miners.  Good for you.

Others want to mine.  Good for them.

Those that were not frightened away the first 100 times this math was presented, are not likely to driven away by future posts of the same information.

It just gets so very tiresome.

unlike your contributions which are thrilling...

+1

[AussieHash]

Has anyone measured the power draw of a Jupiter at the wall? I'm trying to see if a Seasonic X1250 is enough to power 2 of them.

Im pulling on average 630-650w per at the wall all on firmware .98. I would go with what bitcoinorama said- get a PSU per.

The watt usage keeps going up for me on the latest.  I am now 697w at the wall with 0.981.  But it is now 580-600GH.  Getting very high rates.

This was on a machine that had an RMA for one of the four boards.  What started as my worst Jupiter is now my best one.

+1
My very worst Jupiter was hashing about 400-440GH/s up till fw0.97
On firmware 0.98/1 my Jupiter is hashing at 568.69 GH/s with 99.78% accepted shares

[CYPER]

Jupiters, which is about 150% more hashpower than I currently have...IF they are still 550GH/s devices...
which I'm sure they won't be.

What do you mean by that?

[FUKT]

This is sad even at almost $400/bitcoin you barley make anything, completely retarded to buy any of these overpriced pieces of shit.

WHAT?    You must be doing something wrong then....  Ive been hashing the 3 saturns since september 15th,*edit.. (one on the 11th, two on the 18th)which is just over three weeks, and they have Produced enough BTC to buy 2 Nov. Jupiters, which is about 150% more hashpower than I currently have...IF they are still 550GH/s devices...
which I'm sure they won't be.
If you can get more hashpower than the diff increase, your income will grow instead of diminish....
I still have a week left to hit the one month mark, which is about how long it takes for the diff to double...   so I am Way ahead of the game so far IMHO.

so basically you spend about 13K and have only made 10K back? How is this profitable in your mind?

I spent 11.8k, and got over 10 back in 24 days, YES I call that profitable! DUH!

But then you spent the btc to buy more machines . . . . #ponzi #WTF #stupid

[WastedLTC]

This is sad even at almost $400/bitcoin you barley make anything, completely retarded to buy any of these overpriced pieces of shit.

WHAT?    You must be doing something wrong then....  Ive been hashing the 3 saturns since september 15th,*edit.. (one on the 11th, two on the 18th)which is just over three weeks, and they have Produced enough BTC to buy 2 Nov. Jupiters, which is about 150% more hashpower than I currently have...IF they are still 550GH/s devices...
which I'm sure they won't be.
If you can get more hashpower than the diff increase, your income will grow instead of diminish....
I still have a week left to hit the one month mark, which is about how long it takes for the diff to double...   so I am Way ahead of the game so far IMHO.

so basically you spend about 13K and have only made 10K back? How is this profitable in your mind? What? how is it just over 3 weeks, that's almost 2 months, are you a KNC shill?

He said September 15th but it was really October (15th)..  just a typo. 

[Meizirkki]

Jupiters, which is about 150% more hashpower than I currently have...IF they are still 550GH/s devices...
which I'm sure they won't be.

What do you mean by that?

+1 how can you be sure they'll ship different hashrate?

Gen2 is months away and current devices are already pushed to their limits.

[dogjunior]

I see some people love to calculate profit/loss in $ instead of BTC. To them I can say only this, the higher the value of BTC in $, the higher the LOSS you take if you don't mine back your spent BTC. Simple as that.
This is an example of my bad investment with KNC: I spent BTC 160 (about $18500 at the time I bought the gear) and i expect to mine back BTC 50. If BTC price goes to $1000, I will NOT have a gain of $50,000 - 18,500 = $ 31,500, but rather a loss of BTC 110, meaning a loss of $ 110,000

So you prefer that btc go down in value to $5 so that people stop mining and then your miner will make more btc. If difficult goes back to early 2013 levels then you will make your btc back and then some. Your 160 btc earned from mining would only be worth $800 in fiat. You then have a btc profit but fiat loss. Does this make you feel better? You would then consider this a good investment with KNC?

[helmax]

butterfly monarch is  better have 600 Ghs is more cheap


knc is litle expensive for the difficulty that we have

cointerra also cheap and more powerfull

[btc_uzr]

butterfly monarch is  better have 600 Ghs is more cheap

  go for it and let us know afterwards how it turned out..


edit:
the important difference beside fact&fiction, is point in time of delivery

[CYPER]

butterfly monarch is  better have 600 Ghs is more cheap

yeah, this is very good product, you should buy, you be happy, good boy.