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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3049511 times)
Unacceptable
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June 05, 2014, 03:25:00 AM
 #34441

asic scrypt miners will basically kill the scrypt market. Don't see the point in wasting money on these. It would be different if there was really only 1 coin to mine for as in BTC, besides scrypt coins are dying off to x11 and x13 coins..... you guys will be all alone competing against others with titans etc., so your right back where you started only 9,000 in debt. Might as well have stuck with GPUS.  Wink They will make a nice  conversation piece though lol

True,BUT,BTC will be controlled by the mining corps very soon,not sure how that will playout  Sad

At least with altcoins you have quite a few to switch around to,with BTC nothing we can do but give up mining,at home at least............. very sad days coming  Cry

I'd rather compete with fellow miners than the corps  Tongue

Best of luck !!!!!!!!!!!!  Wink

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June 05, 2014, 03:33:15 AM
 #34442

If the BTC devlopment team changed the algorithm that would change the game alot.
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June 05, 2014, 04:33:16 AM
 #34443

If the BTC devlopment team changed the algorithm that would change the game alot.

It's too late for that.
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June 05, 2014, 05:51:44 AM
 #34444

If the BTC devlopment team changed the algorithm that would change the game alot.

It's too late for that.

I agree with this. I also read somewhere of some debate about implementing PoS into Bitcoin; which in my view would most likely be a disaster. Further up there is the note that there are lots of other Scrypt coins which can be mined and as a result, big Scrypt rigs will be worth having(?) I disagree; if you are lucky enough to get one of the first batch of the beastly 40DD Titties - you may see some level of investment returned, but there are also lots of other SHA256 coins which can be mined with our existing SHA256 ASICs - and there are a lot of folks who have already switched from BTC to Alts in that sense, but it's not in the volume which will see any kind of decrease in the Bitcoin network hashrate anytime soon. Changing the algo, while in principle sounds like a masterplan, would simply negate all the investment made by all of us - what would happen? We'd all switch to another coin - which would be the most profitable coin we can all find, collectively. And thus, the coin we switched to, may end up overtaking Bitcoin. But this is indeed all conjecture at this point. Well we know; none of this is ever going to happen. I do, however have my eyes on the coin I will mine with my ASICs when Bitcoin finally becomes too tough for a little guy like me to crack - and it is, a PoW/PoS coin.

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June 05, 2014, 06:28:45 AM
 #34445

If the BTC devlopment team changed the algorithm that would change the game alot.

It's too late for that.

I agree with this. I also read somewhere of some debate about implementing PoS into Bitcoin; which in my view would most likely be a disaster. Further up there is the note that there are lots of other Scrypt coins which can be mined and as a result, big Scrypt rigs will be worth having(?) I disagree; if you are lucky enough to get one of the first batch of the beastly 40DD Titties - you may see some level of investment returned, but there are also lots of other SHA256 coins which can be mined with our existing SHA256 ASICs - and there are a lot of folks who have already switched from BTC to Alts in that sense, but it's not in the volume which will see any kind of decrease in the Bitcoin network hashrate anytime soon. Changing the algo, while in principle sounds like a masterplan, would simply negate all the investment made by all of us - what would happen? We'd all switch to another coin - which would be the most profitable coin we can all find, collectively. And thus, the coin we switched to, may end up overtaking Bitcoin. But this is indeed all conjecture at this point. Well we know; none of this is ever going to happen. I do, however have my eyes on the coin I will mine with my ASICs when Bitcoin finally becomes too tough for a little guy like me to crack - and it is, a PoW/PoS coin.

A little hint: look at 3rd place on coinmarketcap.com, it's a POS coin...  Wink

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June 05, 2014, 06:35:09 AM
Last edit: June 05, 2014, 06:45:59 AM by raskul
 #34446

If the BTC devlopment team changed the algorithm that would change the game alot.

It's too late for that.

I agree with this. I also read somewhere of some debate about implementing PoS into Bitcoin; which in my view would most likely be a disaster. Further up there is the note that there are lots of other Scrypt coins which can be mined and as a result, big Scrypt rigs will be worth having(?) I disagree; if you are lucky enough to get one of the first batch of the beastly 40DD Titties - you may see some level of investment returned, but there are also lots of other SHA256 coins which can be mined with our existing SHA256 ASICs - and there are a lot of folks who have already switched from BTC to Alts in that sense, but it's not in the volume which will see any kind of decrease in the Bitcoin network hashrate anytime soon. Changing the algo, while in principle sounds like a masterplan, would simply negate all the investment made by all of us - what would happen? We'd all switch to another coin - which would be the most profitable coin we can all find, collectively. And thus, the coin we switched to, may end up overtaking Bitcoin. But this is indeed all conjecture at this point. Well we know; none of this is ever going to happen. I do, however have my eyes on the coin I will mine with my ASICs when Bitcoin finally becomes too tough for a little guy like me to crack - and it is, a PoW/PoS coin.

A little hint: look at 3rd place on coinmarketcap.com, it's a POS coin...  Wink

a hint to what? the discussion was centring around changing the algorithm - which I presumed meant making Bitcoin Scrypt/X11/shitcoin algo.
please read the entire comment next time, prior to retorting. thanks.

ps. I had some NXT when it was a simple web wallet. nothing special there.
pps. OK blockchain has my NXT - and it's now showing in my wallet.
ppps. i don't alt.

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June 05, 2014, 07:50:13 AM
 #34447

If the BTC devlopment team changed the algorithm that would change the game alot.

It's too late for that.

I agree with this. I also read somewhere of some debate about implementing PoS into Bitcoin; which in my view would most likely be a disaster. Further up there is the note that there are lots of other Scrypt coins which can be mined and as a result, big Scrypt rigs will be worth having(?) I disagree; if you are lucky enough to get one of the first batch of the beastly 40DD Titties - you may see some level of investment returned, but there are also lots of other SHA256 coins which can be mined with our existing SHA256 ASICs - and there are a lot of folks who have already switched from BTC to Alts in that sense, but it's not in the volume which will see any kind of decrease in the Bitcoin network hashrate anytime soon. Changing the algo, while in principle sounds like a masterplan, would simply negate all the investment made by all of us - what would happen? We'd all switch to another coin - which would be the most profitable coin we can all find, collectively. And thus, the coin we switched to, may end up overtaking Bitcoin. But this is indeed all conjecture at this point. Well we know; none of this is ever going to happen. I do, however have my eyes on the coin I will mine with my ASICs when Bitcoin finally becomes too tough for a little guy like me to crack - and it is, a PoW/PoS coin.

A little hint: look at 3rd place on coinmarketcap.com, it's a POS coin...  Wink

a hint to what? the discussion was centring around changing the algorithm - which I presumed meant making Bitcoin Scrypt/X11/shitcoin algo.
please read the entire comment next time, prior to retorting. thanks.

ps. I had some NXT when it was a simple web wallet. nothing special there.
pps. OK blockchain has my NXT - and it's now showing in my wallet.
ppps. i don't alt.

Oh this is going to get deleted, I just know it, lol. Peercoin is the only POW/POS I currently know of, at least of the POS coins still in POW stage. Curious, you "don't alt" but you have your eyes on other SHA coins? Do you mean you don't currently mine alt coins but are interested? Btw, NXT is really high right now. Might be a good time to sell some. I did.  Smiley
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June 05, 2014, 12:04:50 PM
 #34448

News again.

Titan Tape-Out Achieved
https://www.kncminer.com/news/news-93

..and Thou shalt spread the coin in the name of cryptography for eternity
murraypaul
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June 05, 2014, 12:29:27 PM
 #34449

News again.

Titan Tape-Out Achieved
https://www.kncminer.com/news/news-93

Quote
The Titan chip sports 2284 cores running 18272 threads, for comparison, a standard "home computer" usually uses 2 or 4 cores.

What a moronic comparison.

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June 05, 2014, 12:36:33 PM
 #34450

In 5 years the Titan chip will be worth .50 cents and a current Intel g3220 will be worth still $5-10
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June 05, 2014, 12:46:41 PM
 #34451

Come on, this is great news.

"The tape-out report strengthens our outlook that we'll be able to deliver the first rounds of Titans well within the promised timeframe for pre-order customers (Q3, 2014)."

Well within == weeks before the end of Q3, or maybe August !?!

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June 05, 2014, 01:17:25 PM
 #34452

Come on, this is great news.

"The tape-out report strengthens our outlook that we'll be able to deliver the first rounds of Titans well within the promised timeframe for pre-order customers (Q3, 2014)."

Well within == weeks before the end of Q3, or maybe August !?!

with all that hash hitting the fan..what is the % people are using in calcs for difficulty increases..or heck do you 'just wing it?"


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June 05, 2014, 02:31:56 PM
 #34453

So still need awaiting for August 25, hope every thing went well! 

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June 05, 2014, 03:20:03 PM
 #34454

AFTER TAPE OUT IS AT LEAST 3 MONTHS BEFORE START SHIPPING

so the best is early september
folks
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June 05, 2014, 03:51:10 PM
 #34455

AFTER TAPE OUT IS AT LEAST 3 MONTHS BEFORE START SHIPPING

so the best is early september
folks

So be it~

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June 05, 2014, 04:05:38 PM
 #34456

kncminer say will send neptune this month
to the end of month


and no refunds fuckers

looking job
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June 05, 2014, 04:46:46 PM
 #34457

If the BTC devlopment team changed the algorithm that would change the game alot.

It's too late for that.

I agree with this. I also read somewhere of some debate about implementing PoS into Bitcoin; which in my view would most likely be a disaster. Further up there is the note that there are lots of other Scrypt coins which can be mined and as a result, big Scrypt rigs will be worth having(?) I disagree; if you are lucky enough to get one of the first batch of the beastly 40DD Titties - you may see some level of investment returned, but there are also lots of other SHA256 coins which can be mined with our existing SHA256 ASICs - and there are a lot of folks who have already switched from BTC to Alts in that sense, but it's not in the volume which will see any kind of decrease in the Bitcoin network hashrate anytime soon. Changing the algo, while in principle sounds like a masterplan, would simply negate all the investment made by all of us - what would happen? We'd all switch to another coin - which would be the most profitable coin we can all find, collectively. And thus, the coin we switched to, may end up overtaking Bitcoin. But this is indeed all conjecture at this point. Well we know; none of this is ever going to happen. I do, however have my eyes on the coin I will mine with my ASICs when Bitcoin finally becomes too tough for a little guy like me to crack - and it is, a PoW/PoS coin.

A little hint: look at 3rd place on coinmarketcap.com, it's a POS coin...  Wink

a hint to what? the discussion was centring around changing the algorithm - which I presumed meant making Bitcoin Scrypt/X11/shitcoin algo.
please read the entire comment next time, prior to retorting. thanks.

ps. I had some NXT when it was a simple web wallet. nothing special there.
pps. OK blockchain has my NXT - and it's now showing in my wallet.
ppps. i don't alt.

Oh this is going to get deleted, I just know it, lol. Peercoin is the only POW/POS I currently know of, at least of the POS coins still in POW stage. Curious, you "don't alt" but you have your eyes on other SHA coins? Do you mean you don't currently mine alt coins but are interested? Btw, NXT is really high right now. Might be a good time to sell some. I did.  Smiley

aye, as long as I can keep hashing bitcoin at a profit, i won't alt. I do know which alt I will be looking at when I can no longer turn a profit on bitcoin (i'm hoping this is a long while away - but unlikely) - I have already demoted myself to 'hobbyist'; but i'm still here, currently mining bitcoin. And yes, looking at the toy exchanges, now is a good time to sell NXT. (I had 5 (five) that I got from a faucet when it launched lol - big empire.)

apologies for going off topic.

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June 05, 2014, 09:54:24 PM
 #34458

It's now been 54 days since i have requested a refund. There is NO EXCUSE good enough to justify this. KNC is a scam.


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The Avenger
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June 05, 2014, 10:06:14 PM
 #34459

Double spends? Of course! KNC are not honest. I bet their checks bounce too.

Avenger, you don't know what you are talking about. Who is paying you to FUD like this ?

\/
\/

It's now been 54 days since i have requested a refund. There is NO EXCUSE good enough to justify this. KNC is a scam.

"I am not The Avenger"
1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
dropt
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June 05, 2014, 10:23:44 PM
 #34460

Double spends? Of course! KNC are not honest. I bet their checks bounce too.

Avenger, you don't know what you are talking about. Who is paying you to FUD like this ?

\/
\/

It's now been 54 days since i have requested a refund. There is NO EXCUSE good enough to justify this. KNC is a scam.

s1gs3gv is probably birdman's alt.
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