Swedish ASIC miner company kncminer.com

[noodle73]

Speaking of commercial breaks, anyone catch Cointerra's latest announcement lastnight?

http://cointerra.com/engineering-update-asic-bringup-diagnostic-testing/

They met their minimum target goal of 132GH for 1 die. 4 dies per chip = 528GH. Wonder if they'll be able to get more out of it?

I'm no expert but to me that's a good looking piece of engineering. Oh well, maybe when they drop their prices... again.

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[noodle73]

this is not safe....

They must be pushing 50%. The earnings are seductively regular though...

[matthewh3]

I am in the minority of the market as a #1 Small Investor who wanted to re-invest, but unfortunately does not have the ability to host the latest KNC miners without moving or finding an outside hosting solution which stinks because KNC actually did deliver and really the rest of the mining companies are very risky compared to KNC miner in my opinion.

I really hope they release the Jupiters but I can also see them just focusing on the Neptune and attempting to release it earlier than expected, that would really keep groups #'s 2 & 3 as long term buyers.

A hosted solution is going to be pretty much inevitable within six months I reckon because either you'll want a second machine to keep up the earnings, or the next development increment will simply melt a residential property power circuit, so I figured I may as well bite the bullet and start looking around for hosting now. If we're sensible and community minded, people will band together and group buy a data centre and host themselves at cost. But because we're all solitary and selfish we won't, but hey - it'll just be part of the cost of doing Bitcoin business.

The team at - www.redstarmining.com - are looking into starting a data centre to host Neptunes in the Mid West United States.  Due to cheap electricity and no import VAT at 20% like all EU miners currently have to pay.  We've started this thread to see what kind of interest there is - https://bitcointalk.org/index.php?topic=383544.msg4125801#msg4125801

[AussieHash]

Sorry to spam the thread but reddit has not turned the tide
https://bitcointalk.org/index.php?topic=327767.msg4403941#msg4403941

Still growing, pool speed up from 4.16PH to 4.61PH over last 2 work shifts (8 mins each).  Perhaps they'll reach 51% by the weekend ?

Edit : now up to 4.7PH

[Searing]

Sorry to spam the thread but reddit has not turned the tide
https://bitcointalk.org/index.php?topic=327767.msg4403941#msg4403941

Still growing, pool speed up from 4.16PH to 4.61PH over last 2 work shifts (8 mins each).  Perhaps they'll reach 51% by the weekend ?

never asked but if they hit 51% does that automatically screw the pooch or do they have to actively use that clout to attack the network (ie actually do something)

unclear never really looked into it

Searing

[AussieHash]

Sorry to spam the thread but reddit has not turned the tide
https://bitcointalk.org/index.php?topic=327767.msg4403941#msg4403941

Still growing, pool speed up from 4.16PH to 4.61PH over last 2 work shifts (8 mins each).  Perhaps they'll reach 51% by the weekend ?

never asked but if they hit 51% does that automatically screw the pooch or do they have to actively use that clout to attack the network (ie actually do something)

unclear never really looked into it

Searing

They don't automatically screw the pooch, but they control the entire network.  Bitcoin is a "trustless" consensus ledger and solution to the Byzantine Generals Problem.  Whoever has the longest end of the chain controls the blockchain.

No single entity should have that power, and the next question who are "they" ?

Anonymous russian dudes is about all we know.

[mtbitcoin]

Sorry to spam the thread but reddit has not turned the tide
https://bitcointalk.org/index.php?topic=327767.msg4403941#msg4403941

Still growing, pool speed up from 4.16PH to 4.61PH over last 2 work shifts (8 mins each).  Perhaps they'll reach 51% by the weekend ?

Where is that "Network protection scheme" when you actually need one 

[elasticband]

just had success reviving my dead die. currently receiving 50w power.


Lowering it back down to around 30-40w now and it's still running.

If anyboady would like me to have a play with thiers i can help via teamviewer

[merv77]

Sorry to spam the thread but reddit has not turned the tide
https://bitcointalk.org/index.php?topic=327767.msg4403941#msg4403941

Still growing, pool speed up from 4.16PH to 4.61PH over last 2 work shifts (8 mins each).  Perhaps they'll reach 51% by the weekend ?

doesn't the bitcoin foundation stop any pool from hitting 51%?

I'm not sure but didn't BTC Guild or 50BTC stop new registrations a few months back when they nearly reached 51%?  

or wouldn't GHash.io stop themselves as 51% could potentially destroy bitcoin and/or devalue bitcoin?

[pvnamk19]

Hash rate is around 13 PH, Ghash is around 4PH => Ghash + BTCGuild can make sense and destroy Bitcoin.

[noodle73]

Well, something is certainly spooking the Bitcoin price today...

[vesperwillow]

Well, something is certainly spooking the Bitcoin price today...

The impending fork? lol

[CYPER]

Sorry to spam the thread but reddit has not turned the tide
https://bitcointalk.org/index.php?topic=327767.msg4403941#msg4403941

Still growing, pool speed up from 4.16PH to 4.61PH over last 2 work shifts (8 mins each).  Perhaps they'll reach 51% by the weekend ?

doesn't the bitcoin foundation stop any pool from hitting 51%?

I'm not sure but didn't BTC Guild or 50BTC stop new registrations a few months back when they nearly reached 51%?  

or wouldn't GHash.io stop themselves as 51% could potentially destroy bitcoin and/or devalue bitcoin?

DeepBit had over 51% in 2011 and nothing happened...

Btw someone might be interested in my communication with CoolerMaster:

Question:

Maximum safe temperature for PCI-E cables: I have a Cooler Master V850 to power a specific hardware that is using 4
PCI-E cables with a total DC power consumption of around 700W.
So each PCI-E cable is drawing around 175W or a current of 14.5A.
My main concern is that the cables near the PSU reach a temperature of
45-46 degrees. Then again the markings on the cables says 80 degrees,
which I assume is the maximum safe temperature?

So is a temperature of 46 degrees on the outside of the hottest cable safe?

Thank you.

Answer:

Apologies for the late reply.
That is correct, all cables are rated 80 degrees Celsius for testing. You can withstand temparature up to 80 degrees Celsius with any issues.

Kind regards,

Michiel Bos

[helmax]

hey friends i need some help

how i can setup backup pool if not responding first

??

anyone can help me

thanks

[Biffa]

hey friends i need some help

how i can setup backup pool if not responding first

??

anyone can help me

thanks

Just add the secondary or tertiary pool in the web iterface (mining tab), cgminer is setup to automatically failover in the config file. "failover-only": true,"

[pvnamk19]

@Helmax
If you mine with KncMiner: just fill 2 pool information at Mining tab.
You can create cgminer.conf and copy it to the directory: /config  and restart CGminer

{
  "pools": [
    {
      "url": "pool address 1",
      "user": "your username",
      "pass": "mypass"
    },
    {
      "url": "pool address 2",
      "user": "your username",
      "pass": "mypass"
    }
  ],
  "api-listen": true,
  "api-allow": "W:0/0",
  "api-network": true
}

[Biffa]

@Helmax
If you mine with KncMiner: just fill 2 pool information at Mining tab.
You can create cgminer.conf and copy it to the directory: /config  and restart CGminer

{
  "pools": [
    {
      "url": "pool address 1",
      "user": "your username",
      "pass": "mypass"
    },
    {
      "url": "pool address 2",
      "user": "your username",
      "pass": "mypass"
    }
  ],
  "api-listen": true,
  "api-allow": "W:0/0",
  "api-network": true
}

You don't need to do that, the conf file is automatically created and you can edit it directly from the web interface by clicking "Manual Edit Mode"

[dracore]

Is the refund policy on Neptune the same as it was for the Jupiter series?

It should be. Some ppl in this forum have already gotten refunds processed for their neptune orders.

I just put in my request to refund my Neptune order.

Worried I cannot meet the power requirements needed (I live in an apartment).  Hosted solution would be better for me.  Also I have a 2nd batch order.. that's like 4+ extra levels of difficulty by the time I'd even get it.

[helmax]

thanks guys !!

[btcspender]

Apologies for the late reply.
That is correct, all cables are rated 80 degrees Celsius for testing. You can withstand temparature up to 80 degrees Celsius with any issues.

Kind regards,

Michiel Bos

Thats handy to know, one would assume that most of the other big desktop brands Corsair, Antec, Seasonic etc would be roughly the same