Bitcoin Forum
March 28, 2024, 01:23:37 PM *
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 ... 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 1199 1200 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 [1224] 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 ... 2137 »
  Print  
Author Topic: Swedish ASIC miner company kncminer.com  (Read 3049438 times)
The Avenger
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000



View Profile
November 30, 2013, 01:40:18 PM
 #24461


What I need to know is, how can i point my KnC to my server (the coin client running in server mode).  I was thinking...  just

      "url" : "http://192.168.0.5:12345",  (IP of the PC with the Client running as the server)
      "user" : "myusername.worker",
      "pass" : "1234"

And in the conf file in roaming just RPC allow 192.168.x.x
Yes, you point cgminer to the ip of the computer running bitcoin qt.

Exact same configuration as gpus, only when you run jupiter you'll get errors saying it can't keep up.

So you need to use some kind of stratum pool
https://bitcointalk.org/index.php?topic=170332.msg3617383;topicseen#msg3617383
e.g. eloipool

It's kind of a pointless exercise unless you want to solo mine alts, which is not a good idea while your knc rig can still mine some bitcoin via a pool.

"I am not The Avenger"
1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
1711632217
Hero Member
*
Offline Offline

Posts: 1711632217

View Profile Personal Message (Offline)

Ignore
1711632217
Reply with quote  #2

1711632217
Report to moderator
1711632217
Hero Member
*
Offline Offline

Posts: 1711632217

View Profile Personal Message (Offline)

Ignore
1711632217
Reply with quote  #2

1711632217
Report to moderator
1711632217
Hero Member
*
Offline Offline

Posts: 1711632217

View Profile Personal Message (Offline)

Ignore
1711632217
Reply with quote  #2

1711632217
Report to moderator
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711632217
Hero Member
*
Offline Offline

Posts: 1711632217

View Profile Personal Message (Offline)

Ignore
1711632217
Reply with quote  #2

1711632217
Report to moderator
1711632217
Hero Member
*
Offline Offline

Posts: 1711632217

View Profile Personal Message (Offline)

Ignore
1711632217
Reply with quote  #2

1711632217
Report to moderator
sickpig
Legendary
*
Offline Offline

Activity: 1260
Merit: 1008


View Profile
November 30, 2013, 01:40:22 PM
 #24462

Out of curiosity. Is there someone among the dudes that preordered neptunes, that has done an actual estimation for difficulty and ROI?

History has proven its a fruitless excercise.

very very rough estimation without evidence to proof it...just gut feeling:

4.2K Thera - Neptune 1st Batch (1200 Neptunes)
1k Thera -  Bitmine (estimation I dont know how many machines they sold out)
2k Theras - Hashfast  (500 Theras just for IceDrill group...no idea how many machines each batch)
2k Theras - Cointerra (no idea how many machines each batch)
---------------------
9.2 P Hashes at least in the next 6 months




you miss a lot of H/s along the way.

use this as a start https://bitcointalk.org/index.php?topic=283820.0

take into account that the aformentioned estimate is not exhaustive. e.g it doesn't include
bitmain's off the shelf products https://bitcointalk.org/index.php?topic=348747.0


Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
sickpig
Legendary
*
Offline Offline

Activity: 1260
Merit: 1008


View Profile
November 30, 2013, 01:42:16 PM
 #24463

I'm order Naptune on 28th.
But, it's automatically cancelled.
Why this?


which payment method? if bank wire this quote from https://www.kncminer.com/news/news-71 could be relevant

Quote
All bank transfers that were initiated before 11:00am CET this morning will be honored. If your order has been cancelled and you have already transfered funds it will be marked as paid when the funds reach our accounts. But as of now do not initiate any more transfers.

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
lkthomas
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
November 30, 2013, 01:44:59 PM
 #24464

THIS IS NOT AN INVESTMENT THREAD, STAY ON TOPIC

If BTC value had gone down you would complain, as it happens BTC value has gone up and guess what people are still complaining.  Suck It UP and get on with it, look to the future not the past!!!

well said. Very often people looking at mining business is a short term, 2 weeks business.

It took me 7 months to break even when BTC at 25 dollar. Then price jump up and my asset increase by 5 times, it took almost 1 year to get to this point right now.


Guys, consider this is a long term investment and effort. If you want to get rich quick, go back to day trade instead of mining.
kitcut
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
November 30, 2013, 01:55:50 PM
 #24465

I'm order Naptune on 28th.
But, it's automatically cancelled.
Why this?


which payment method? if bank wire this quote from https://www.kncminer.com/news/news-71 could be relevant

Quote
All bank transfers that were initiated before 11:00am CET this morning will be honored. If your order has been cancelled and you have already transfered funds it will be marked as paid when the funds reach our accounts. But as of now do not initiate any more transfers.

I choose Bitpay.
And, I will payment the product.
but I can't everything.
fubly
Hero Member
*****
Offline Offline

Activity: 561
Merit: 517


Trustless IceColdWallet


View Profile WWW
November 30, 2013, 02:07:43 PM
 #24466

I'm order Naptune on 28th.
But, it's automatically cancelled.
Why this?


which payment method? if bank wire this quote from https://www.kncminer.com/news/news-71 could be relevant

Quote
All bank transfers that were initiated before 11:00am CET this morning will be honored. If your order has been cancelled and you have already transfered funds it will be marked as paid when the funds reach our accounts. But as of now do not initiate any more transfers.

If my money really comes back, which was sending for 2 nept on the 27th and for 2 nept on 28th, I will buy five ore more 2 Th/s from bitmine.ch atm i ordered 2 x 2 Th/s 1.Week Feb. 2014

each time you send a transaction don't forget to use a new address, each time you receive one also!
fubly
Hero Member
*****
Offline Offline

Activity: 561
Merit: 517


Trustless IceColdWallet


View Profile WWW
November 30, 2013, 02:09:45 PM
 #24467

Any news about NovBatch which was "in progress" and later back to "paid"

My orders all "in progress" and now back to "paid"

 Huh Huh Huh

each time you send a transaction don't forget to use a new address, each time you receive one also!
ASIC-K
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


Hell?


View Profile
November 30, 2013, 02:28:59 PM
 #24468

i really wish KNC would answer their phones once in a awhile....
PenAndPaper
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


View Profile
November 30, 2013, 02:32:24 PM
 #24469

well said. Very often people looking at mining business is a short term, 2 weeks business.

It took me 7 months to break even when BTC at 25 dollar. Then price jump up and my asset increase by 5 times, it took almost 1 year to get to this point right now.


Guys, consider this is a long term investment and effort. If you want to get rich quick, go back to day trade instead of mining.

You really don't get it. It is how many bitcoins your miner will ever make against how many bitcoins you could have bought instead of the miner. Btc value in dollars is irrelevant.
sickpig
Legendary
*
Offline Offline

Activity: 1260
Merit: 1008


View Profile
November 30, 2013, 02:36:36 PM
 #24470

i really wish KNC would answer their phones once in a awhile....

I don't think CS dept works on saturday.

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
ASIC-K
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


Hell?


View Profile
November 30, 2013, 02:38:10 PM
 #24471

i really wish KNC would answer their phones once in a awhile....

I don't think CS dept works on saturday.

naw i mean all last week.
sickpig
Legendary
*
Offline Offline

Activity: 1260
Merit: 1008


View Profile
November 30, 2013, 02:39:43 PM
 #24472

i really wish KNC would answer their phones once in a awhile....

I don't think CS dept works on saturday.

naw i mean all last week.

sorry then Tongue

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
r1senfa17h
Full Member
***
Offline Offline

Activity: 226
Merit: 100



View Profile
November 30, 2013, 02:43:40 PM
 #24473

well said. Very often people looking at mining business is a short term, 2 weeks business.

It took me 7 months to break even when BTC at 25 dollar. Then price jump up and my asset increase by 5 times, it took almost 1 year to get to this point right now.


Guys, consider this is a long term investment and effort. If you want to get rich quick, go back to day trade instead of mining.

You really don't get it. It is how many bitcoins your miner will ever make against how many bitcoins you could have bought instead of the miner. Btc value in dollars is irrelevant.

As someone who clearly understands that one is likely to end up with more BTC by simply purchasing them than mining them in the end, let me explain why I choose to mine. It's called hedging your bets.

Effectively, I've sold my BTC for $845/each when I purchased the Neptunes. If BTC price collapses, I can ask for a refund in US dollars (Remember, KnC never receives any BTC through Bitpay and will always refund in USD). In this scenario, I will not lose any USD. The highest risk in this example is that KnC refuses to refund.

In the event that BTC price continues to increase (my hope), I will likely mine less BTC than I spent, but will still end up with more USD at a lower risk than just holding BTC.

1N3o5Kyvb4iECiJ3WKScKY8xTVXxf1hMvA
r1senfa17h
Full Member
***
Offline Offline

Activity: 226
Merit: 100



View Profile
November 30, 2013, 02:46:16 PM
 #24474

Not exactly new info, but here's some interesting insight about another company (Black Arrow) considering 20nm tech through TSMC:

http://ecointalk.net/topic/289-20nm-or-28nm/

1N3o5Kyvb4iECiJ3WKScKY8xTVXxf1hMvA
dogjunior
Sr. Member
****
Offline Offline

Activity: 407
Merit: 255


View Profile
November 30, 2013, 02:49:25 PM
 #24475

People that say buy BTC not miners just want the difficulty to stay low so that they can mine more BTC. Holding BTC has it's own stress. Friend of mine purchased $20k of BTC when it was near its high during the summer. He then panicked when it dropped below $80 and sold. Unless you have a crystal ball that can predict the future, you are better off buying mining equipment.
RoadStress
Legendary
*
Offline Offline

Activity: 1904
Merit: 1007


View Profile
November 30, 2013, 02:52:00 PM
 #24476

People that say buy BTC not miners just want the difficulty to stay low so that they can mine more BTC. Holding BTC has it's own stress. Friend of mine purchased $20k of BTC when it was near its high during the summer. He then panicked when it dropped below $80 and sold. Unless you have a crystal ball that can predict the future, you are better off buying mining equipment.

Unless your friend really needed the money invested in BTC then he is a big moron. There was no reason to sell at 80$ or even at 10$. He could just hold the BTC for 1-2-5-10 years until the price was right for him. There is simply no explanation for his move only the urgent need of money.

lkthomas
Newbie
*
Offline Offline

Activity: 35
Merit: 0


View Profile
November 30, 2013, 03:33:15 PM
 #24477

People that say buy BTC not miners just want the difficulty to stay low so that they can mine more BTC. Holding BTC has it's own stress. Friend of mine purchased $20k of BTC when it was near its high during the summer. He then panicked when it dropped below $80 and sold. Unless you have a crystal ball that can predict the future, you are better off buying mining equipment.

Unless your friend really needed the money invested in BTC then he is a big moron. There was no reason to sell at 80$ or even at 10$. He could just hold the BTC for 1-2-5-10 years until the price was right for him. There is simply no explanation for his move only the urgent need of money.

Easy to say!  and if you have experience of crypto fair enough, but if you are new and you see a massive drop then im sure a lot of people would do the same.  I for one have brought height and sold low...   But people fear that BTC is a fad.  and for us that are deeply engrossed in crypto we know it's not going to tank, but an outsider doesn't see the world in the same way we do. 

But this is a KNCminer thread so.  Please can we stay completely related to KnC mining equipment.   

Let's stick to topic. I think with mining, you have a control of what the outcome are, also, because it's hard earning coins, you are not easily driven by emotion where trading is VERY emotional some time.
PenAndPaper
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


View Profile
November 30, 2013, 03:35:21 PM
 #24478

well said. Very often people looking at mining business is a short term, 2 weeks business.

It took me 7 months to break even when BTC at 25 dollar. Then price jump up and my asset increase by 5 times, it took almost 1 year to get to this point right now.


Guys, consider this is a long term investment and effort. If you want to get rich quick, go back to day trade instead of mining.

You really don't get it. It is how many bitcoins your miner will ever make against how many bitcoins you could have bought instead of the miner. Btc value in dollars is irrelevant.

As someone who clearly understands that one is likely to end up with more BTC by simply purchasing them than mining them in the end, let me explain why I choose to mine. It's called hedging your bets.

Effectively, I've sold my BTC for $845/each when I purchased the Neptunes. If BTC price collapses, I can ask for a refund in US dollars (Remember, KnC never receives any BTC through Bitpay and will always refund in USD). In this scenario, I will not lose any USD. The highest risk in this example is that KnC refuses to refund.

In the event that BTC price continues to increase (my hope), I will likely mine less BTC than I spent, but will still end up with more USD at a lower risk than just holding BTC.

Do you even understand what you are saying? You buy mining equipment with dollars to hedge against bitcoin collapsing  Huh Huh Huh
Converting btc to usd is a way to hedge. You don't have to buy mining equipment with those money! (wth isn't that pretty obvious)
On top of that by paying 10k now with the option to get a refund 5(!) months later you are still losing money. It's like giving them a free loan.

Actually you do a bad investment but you are doing it with a hedge strategy against the worst case scenario. It's stiil a bad investment.
Bogart
Legendary
*
Offline Offline

Activity: 966
Merit: 1000


View Profile
November 30, 2013, 03:45:47 PM
 #24479

I didn't want a phone call...a fucking email would have been nice though. 1st I heard was on this forum, hours after the things were sold. I bought a KNC machine mainly based on it's ability to be upgraded

I got an email.  Did you not sign up for their email newsletter?

"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
Bogart
Legendary
*
Offline Offline

Activity: 966
Merit: 1000


View Profile
November 30, 2013, 03:54:47 PM
 #24480

Any news about NovBatch which was "in progress" and later back to "paid"

My orders all "in progress" and now back to "paid"

 Huh Huh Huh

Mine when back to paid but still got UPS tracking number and it was here the next day.  Have you got a tracking no.?

I have not yet received a UPS tracking number for my November Jupiter, and November's almost over.  I think they have about 7 more hours of November left in Sweden right now.

Quote
All orders placed today will ship in November.

"All safe deposit boxes in banks or financial institutions have been sealed... and may only be opened in the presence of an agent of the I.R.S." - President F.D. Roosevelt, 1933
Pages: « 1 ... 1174 1175 1176 1177 1178 1179 1180 1181 1182 1183 1184 1185 1186 1187 1188 1189 1190 1191 1192 1193 1194 1195 1196 1197 1198 1199 1200 1201 1202 1203 1204 1205 1206 1207 1208 1209 1210 1211 1212 1213 1214 1215 1216 1217 1218 1219 1220 1221 1222 1223 [1224] 1225 1226 1227 1228 1229 1230 1231 1232 1233 1234 1235 1236 1237 1238 1239 1240 1241 1242 1243 1244 1245 1246 1247 1248 1249 1250 1251 1252 1253 1254 1255 1256 1257 1258 1259 1260 1261 1262 1263 1264 1265 1266 1267 1268 1269 1270 1271 1272 1273 1274 ... 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!