OmegaCentauri
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Activity: 38
Merit: 0
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February 05, 2014, 10:37:19 PM |
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So I asked them. I emailed them some questions and this is the response. I received the response from Keith Gurnett Q3. Have you been manufacturing 28nm Miners all the time since you stopped the last batch of November Jupiters? A3. No, we are creating the data center now for "Plan B" as a back up to be used if there are any delays with the Neptune production.
Q4. If so, have you been mining with the 28nm miners manufactured since November? A4. We are mining, but we have not exceeded the 5% of the hash rate which has been released.
Q7. What date will you start offering to convert non-delivered Neptunes into hosted 28nm, and how much will be exchanged? A7. Like above, if there are any delays customers will be provided with the hosted hash rate.
So... if they cessated manufacturing of 28nm jupiter modules; what exactly is powering the creation of their "World's largest" 28nm mining farm? Unicorn hashers? If they haven't been manufacturing more 28nm jupiter modules, then just how many thousands did they hoard since the last sale in November? ![Embarrassed](https://bitcointalk.org/Smileys/default/embarrassed.gif)
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The Avenger
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2014, 10:59:39 PM |
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Q3. Have you been manufacturing 28nm Miners all the time since you stopped the last batch of November Jupiters? A3. No, we are creating the data center now for "Plan B" as a back up to be used if there are any delays with the Neptune production.
So they are creating one of the "world’s largest data centres" near the North Pole and filling it with 18000+ Jupiters, just in case they need to give that hashing power to their neptune customers if there are any delays. Very thoughtful. And if they do deliver neptune on time, they'll just send these 18000+ Jupiters to be melted down as scrap metal? No need for these any more and we wouldn't want to break our 5% promise. Nothing wrong here, seems legit. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.thinkdigit.com%2Fforum%2Fcustomavatars%2Favatar138121_2.gif&t=665&c=_2m4QHcBVMlyxw)
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"I am not The Avenger" 1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
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MrPresident
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2014, 11:17:25 PM |
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So, they should only sell to Avenger.... and me.... lol ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) What do you expect them to do? (seriously) If you were them.... ? Knowing Neptune is going to be late....
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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The Avenger
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2014, 11:33:28 PM |
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I'm just playing with the numbers here. So if knc can create a Jupiter at cost for $1000, they need $18million to produce 18000 Jupiters. Are they going to build or rent their datacentre? BUILD: Can they build something that big, wire it and kit it out with 18000 Jupiters by July 1st? No way. If they did though, how much would it cost? Quite a few extra million I'd say. As it's near the Arctic Circle, you'd have to say it's damn expensive. Another $10 million? Where are they getting the $28 million from? They only took $44 million in Neptune sales and people are queuing up for refunds. RENTING: Renting seems cheaper and more plausible option. But is there enough free data centre space to rent in the Arctic Circle for 18000+ Jupiters? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I guess the next knc announcement is they are building a spaceship going to the moon. Payment in Bitcoin (No Litecoin, No Doge's allowed).
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"I am not The Avenger" 1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
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MrPresident
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2014, 11:41:39 PM |
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On that... From the newsletter... "It is located in the north of Sweden not far from Facebook and other Mega Data Centres and it’s totally powered by renewable energy."
Just guessing here, but there's probably more than one advantage to that loacale
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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sanos51ck
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2014, 11:41:56 PM |
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What do you expect them to do? (seriously) If you were them.... ? Knowing Neptune is going to be late....
Refund with interest is out of question?
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The Avenger
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2014, 11:47:14 PM |
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On that... From the newsletter... "It is located in the north of Sweden not far from Facebook and other Mega Data Centres and it’s totally powered by renewable energy."
Just guessing here, but there's probably more than one advantage to that loacale
Luleå Average yearly temp is 1degC. Cheapest electricity in Europe. Hydro. http://thenodepole.com/latest-press-releases/information-about-lulea/
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"I am not The Avenger" 1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
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MrPresident
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 05, 2014, 11:52:00 PM |
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What do you expect them to do? (seriously) If you were them.... ? Knowing Neptune is going to be late....
Refund with interest is out of question? and then just mine for themselves? Great Idea....!
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Develop Custom Decentralized Blockchain Applications in JavaScript with LISK! Website | Blog | BTT Thread | Chat - Be part of the decentralized application movement!
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davebodger
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 06, 2014, 12:09:58 AM |
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On that... From the newsletter... "It is located in the north of Sweden not far from Facebook and other Mega Data Centres and it’s totally powered by renewable energy."
Just guessing here, but there's probably more than one advantage to that loacale
Luleå Average yearly temp is 1degC. Cheapest electricity in Europe. Hydro. http://thenodepole.com/latest-press-releases/information-about-lulea/Yea, as soon as they said "near Facebook" it was obvious, I googled it days ago, it's the only game in the area. Datacentre's were my job. I'm retired now but if you want any background info, just ask. They will most likely have bought a pre-built shell. Slab, structure and main services in place (saves you two years construction time). They could have it up and running inside 6 months if they throw enough money at it.
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If you think I deserve it - BTC always welcome - 14GkxT2xcpgvGVBgMjtGeFiXrxnttBSRRF
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DPoS
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 06, 2014, 12:10:54 AM |
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On that... From the newsletter... "It is located in the north of Sweden not far from Facebook and other Mega Data Centres and it’s totally powered by renewable energy."
Just guessing here, but there's probably more than one advantage to that loacale
Luleå Average yearly temp is 1degC. Cheapest electricity in Europe. Hydro. http://thenodepole.com/latest-press-releases/information-about-lulea/good if it is so cheap BTC can go down to $10
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helmax
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 06, 2014, 12:15:17 AM |
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now nobody say The Avenger is wrong
knc is kidding with our money
a long time i have saying that but people are blind
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looking job
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wasubii
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 06, 2014, 12:16:14 AM |
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I hope BTC goes down to $10 and stays there. Just for the lulz.
It would still perfectly fulfil its role of transferring money at $10 as it does at $1000
And KnC will be stuck with a white elephant in the arctic circle
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Biodom
Legendary
Offline
Activity: 3864
Merit: 4261
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February 06, 2014, 12:17:28 AM |
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I played with mining.thegenesisblock.com calculator The only way this would be profitable in $$ terms (forget about bitcoin!) would be if bitcoin price rise to at least $1500 and mining starts in April or price to $2500 and mining in May or price to $4000 and mining starts in June. All of this with 72% difficulty rise in a month that we are currently at (for the last 3mo on average).
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DPoS
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 06, 2014, 12:20:54 AM |
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I hope BTC goes down to $10 and stays there. Just for the lulz.
It would still perfectly fulfil its role of transferring money at $10 as it does at $1000
And KnC will be stuck with a white elephant in the arctic circle
exactly.. crash the price, pump the utility
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The Avenger
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 06, 2014, 01:08:04 AM |
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now nobody say The Avenger is wrong
It's like Gandhi said: First they ignore you, then they ridicule you, then they fight you then they send you massive BTC donations, for saving them from losing their entire life savings on a pipe-dream private bitcoin empire in the arctic circle. Yeah, I'm pretty sure that's what Gandhi said ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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"I am not The Avenger" 1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
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davebodger
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 06, 2014, 01:11:46 AM |
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now nobody say The Avenger is wrong
It's like Gandhi said: First they ignore you, then they ridicule you, then they fight you then they send you massive BTC donations, for saving them from losing their entire life savings on a pipe-dream private bitcoin empire in the arctic circle. Yeah, I'm pretty sure that's what Gandhi said ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Yea, word for word, I was there. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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If you think I deserve it - BTC always welcome - 14GkxT2xcpgvGVBgMjtGeFiXrxnttBSRRF
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CYPER
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 06, 2014, 01:18:34 AM |
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I played with mining.thegenesisblock.com calculator The only way this would be profitable in $$ terms (forget about bitcoin!) would be if bitcoin price rise to at least $1500 and mining starts in April or price to $2500 and mining in May or price to $4000 and mining starts in June. All of this with 72% difficulty rise in a month that we are currently at (for the last 3mo on average).
I pity the fools who use TGB calculator ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) If you peek at the projected difficulty in 2017 you would see that the total surface of the earth would not be enough for all the chips needed for that difficulty ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Biodom
Legendary
Offline
Activity: 3864
Merit: 4261
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February 06, 2014, 01:46:38 AM Last edit: February 06, 2014, 01:58:30 AM by Biodom |
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I played with mining.thegenesisblock.com calculator The only way this would be profitable in $$ terms (forget about bitcoin!) would be if bitcoin price rise to at least $1500 and mining starts in April or price to $2500 and mining in May or price to $4000 and mining starts in June. All of this with 72% difficulty rise in a month that we are currently at (for the last 3mo on average).
If you peek at the projected difficulty in 2017 you would see that the total surface of the earth would not be enough for all the chips needed for that difficulty ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I pity highschoolers who have to call others names in order to make a point. That said, three months projection is NOT a 3 year projection, duh! 70-80% monthly projection made 3 months ago by the referenced site turned out to be pretty accurate, but go ahead, make a better one....crickets.
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DPoS
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 06, 2014, 02:14:04 AM |
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I played with mining.thegenesisblock.com calculator The only way this would be profitable in $$ terms (forget about bitcoin!) would be if bitcoin price rise to at least $1500 and mining starts in April or price to $2500 and mining in May or price to $4000 and mining starts in June. All of this with 72% difficulty rise in a month that we are currently at (for the last 3mo on average).
If you peek at the projected difficulty in 2017 you would see that the total surface of the earth would not be enough for all the chips needed for that difficulty ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I pity highschoolers who have to call others names in order to make a point. That said, three months projection is NOT a 3 year projection, duh! 70-80% monthly projection made 3 months ago by the referenced site turned out to be pretty accurate, but go ahead, make a better one....crickets. that genesis block calc is garbage
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Biodom
Legendary
Offline
Activity: 3864
Merit: 4261
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 06, 2014, 02:35:59 AM |
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I played with mining.thegenesisblock.com calculator The only way this would be profitable in $$ terms (forget about bitcoin!) would be if bitcoin price rise to at least $1500 and mining starts in April or price to $2500 and mining in May or price to $4000 and mining starts in June. All of this with 72% difficulty rise in a month that we are currently at (for the last 3mo on average).
If you peek at the projected difficulty in 2017 you would see that the total surface of the earth would not be enough for all the chips needed for that difficulty ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I pity highschoolers who have to call others names in order to make a point. That said, three months projection is NOT a 3 year projection, duh! 70-80% monthly projection made 3 months ago by the referenced site turned out to be pretty accurate, but go ahead, make a better one....crickets. that genesis block calc is garbage Not perfect by any means, but gives rough estimates for 2-3 months plus it is easier to compare different machines. You can adjust difficulty rise manually as well. I get it that it cannot adjust difficulty at varied % going forward, but as a short term tool it is OK-gave approximately correct projections for Feb14 in Nov13. I tried several other calculators-they all work to some degree-coinplorer and bitcoinx.com being probably the best.
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