[BitFunder] - ADDICTION - KNCMiner - Now hashing at 14+TH!

[juve4v]

When will the next window be open?

[1715245249]

1715245249

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[tidus_13]

i don't get it,

what's the difference between  Bitfunder shares and direct shares ?

We have to change bitfunder shares to direct shares or no?

[bobboooiie]

i don't get it,

what's the difference between  Bitfunder shares and direct shares ?

We have to change bitfunder shares to direct shares or no?

You dont need to, they are the same. Its just the solition for US customers

[blastbob]

So the status update..

We picked up 6 miners today, and they will unpacked, firmwared and placed in racks starting around 08.00 tomorrow.

This means GroupBuy 1 will be complete somewhere tomorrow. All shared issued on Bitfunder is GroupBuy 1 only.

Updates on Groupbuy 2 and 3 hardware will hopefully be more concrete early next week. They are in "progress" at KNC

[hasher87]

So the status update..

We picked up 6 miners today, and they will unpacked, firmwared and placed in racks starting around 08.00 tomorrow.

This means GroupBuy 1 will be complete somewhere tomorrow. All shared issued on Bitfunder is GroupBuy 1 only.

Updates on Groupbuy 2 and 3 hardware will hopefully be more concrete early next week. They are in "progress" at KNC

once all of the gb1 miners start hashing, please confirm the speed of mhash for each share thanks! 

[Tiennou74]

Is there a new dividend this weekend?

[cr003l7y]

9+6=15... do we have 3 extra GB1 miners? 

[hasher87]

9+6=15... do we have 3 extra GB1 miners?  

probably the extra is to replace the previously DOA miners

[blastbob]

9+6=15... do we have 3 extra GB1 miners?  

probably the extra is to replace the previously DOA miners

3 extra miners are to Group buy #2

And there is NO DOA miners, just 2 boards which should be around 240GHs loss. We will try to get them swapped out with the next pickup for the GB2 and GB3 miners.

Current status is that Group Buy #1 is COMPLETE and is hashing around 6TH/s !

[justanickname]

Current status is that Group Buy #1 is COMPLETE and is hashing around 7.5TH/s !

You probably mean that Group Buy #1 combined with Group Buy #2 are hashing around 7.5TH/s together right?

Also, I wanted to say thanks to both you and tyrion70 for your time and effort!

[blastbob]

Current status is that Group Buy #1 is COMPLETE and is hashing around 7.5TH/s !

You probably mean that Group Buy #1 combined with Group Buy #2 are hashing around 7.5TH/s together right?

Also, I wanted to say thanks to both you and tyrion70 for your time and effort!

Any your correct.. thats the punishment for writing something just after waking up

Number corrected in first post there.

[blastbob]

I will try to keep this post updated on status on all miners. Post 2 in this thread.

https://bitcointalk.org/index.php?topic=244042.msg2588839#msg2588839

[hasher87]

awesome sauce.. keep up the good work! probably the best knc gb among all others so far 

[philipma1957]

I will try to keep this post updated on status on all miners. Post 2 in this thread.

https://bitcointalk.org/index.php?topic=244042.msg2588839#msg2588839

  okay so I am in group buy 2.   group buy 2 has 8 miners.  you have 3 working as I type.   I have 25 shares at .3btc in this group buy.

0 from miner 1

Miner 01 -  Shares Sold
Username             # shares  Transaction confirmed
tyrion70&blastbob    240       065976b42bf4a55c6fe6b09414892a37d28c66eccc6cd367267f7866daf1d904


10 from miner 2

Miner 02 -  Shares Sold
Username             # shares  Transaction confirmed
btceic               7         e675b67a2aac6e491d23da1058d0a99872ac8b919f86fcf6efd3de9740f50952
tidus_13             2         41e47847693df9c28fc7207f637accc8f07f6a701e100289329f90d5eea1f982
KSV                  10        6f2862ccdeb2c7dd386af5923a081690e5c0fed93966930d567c5ada0b93e415
Bitcoinorama         4         Reward for https://bitcointalk.org/index.php?topic=232852
Innovation           2         ce597997a21aba52ddcb5493d28acd0e666798cbf2740f9e123ec12fe1cf3d56
Hasher87             3         377fa0b550f050a5ae00f44d71ce10dd835797d888b57eb41aaa903360f90c30
Dabs                 2         95be65ab07362358c8735508fdd67e8c02c412c3214cbf108e6fbe0c7dac6d97
SteveB               10        6f8e9733c83f2d12a87a9b4e7889f0aa81e0a0122290ce99df58dbe9016d03d1
Szmarco              40        ba6c010953e23b90a9e797202192e16cf008ce2a4c737762bc7967ac58dfae7d
Mabsark              1         1cc407d832e052327cdc9694545c1fa79549f268bb849beeef4e81d5a1bc4c80
hayek                4         c5ae1dc3326d4554eaf45652fc2e22bae37862e89c5c16d8e6b5755077d4775f
eabedry              30        1583a74894219aca810d5595fc6b9dcb5372071f7cd119240c45d7f3be1ed67c
twisty317            30        e34a4599a500ddf6e6e0d9adf0a46d2ff3c79479118d1f4f79ff84e2f5f8151b
newtothescene        10        a216f644a45a16f4d0c6e33668262a8b6fb69b91a4d4a6b44079d4bca2cb57b3
Jski                 4         5ddfba9d640b8d8223d5191c34c7bffeed172a6430fecee16c0557d88a59cf0a
eule                 2         f1b791a8c67150cc1b6640fe072f3fd37f696d03a4fd16cd93eb615ecdfc50f4
minerphil            2         72310233de491f470210fa7e3945c5901b8e202e1db40fa391c20ec855f60f26
hoping1234           10        3ee850fdd041dbd5ba0b8fbbd5332b5292ea3794192368785c1fae90f90227c2
X0nic                4         10ee6fa1acb2d580c9cb9d6082df5b511de19d1b3918a24b4a7ff56d456ad567
yxxyun               5         2b221af1cf82c4f55f54b8bb2278e10531e8e1e97f2052353438ef3a93e6cc59
notfair              2         eae17af0d216f48ddbd4193d35e6429ec6514a54df9bcf4c92ced1a4c9bb90a3
tempbtc              5         73f9e0bb671a7136fb621135af7e3dbfd5954ce2b3e53f0754480cc88140481b
jamesc760            1         58c1277ceefb7bccd250268461e707e5d2a155e3d551463ee64d16e489d3f51a
hardinero007         4         e7c04c7141ce736d0ad31eaeb900dcc032b915a9d7a36d5841d191a47a964372
Pez                  6         481cab6bbbac3c03e34a8cfb7f5ac560d8c41315bb72fbaf748f11be22de7a74
dc81                 6         9ffc1c69f7846a59988f76784a2e0b1039e28e1a5af332ec842cb6d593a0105f
dc81                 4         89ba95c1e54a8c4736fc1596da2f03de42b01573fb2a43e03fdc1417af3b5e24
Kerhac               5         3a3531f7788b476a689bb27a2e30d57256e34c75bf7c390c558a53298d7156c0
philipma1957         10        81ac8abc21fa07eb2c5602525f058075605dd20d3b170790072915ef6bde48b1
dani147624           2         fd29e4511ffef5f2f95aa7dbc0e8af5c11705f9d4da09bf197f7f7bed9ec8de4
henrock              5         cfb822f5dd70afd9900c109878ca9f67cbcd47cf5ee6a5f684d91eed367257bd
SteveB               8         bd39b91319a062a35abc9f571cfc8f1085aa74b2e099ea4df56d4c0d1550c289


5 + 5 in miner 3

Miner 03 -  Shares Sold
Username             # shares  Transaction confirmed
Stinky_Pete          3         50f26c37533e20a2fc0b39846e4d3cf046b6ecceb21c7eb2aaead138d262d7b9
philipma1957         5         476f012f4cf5fe8a530d3b59422735a4699a3798f5e22cc7216aa93d02a7b19c
Voodah               2         ac1cf011a19f28e40a948e69d0e02ba145a7d678322db0709b1d984dc341f1fc
alzaron              23        f3d0d911fc603e207d16e920f5469b80a38be12349b839099eee178a20996e25
zurg                 3         4e4cdc865a0da252c8fc30c835f0bfadb5c6253addfd271766c7901ff2450520
clintar              5         786a3749e947055aa240b5ab9b1c7fd43e2bad8abf1d1451ad8c0925cbb8bb7a
kirk46               2         789a558b758f462c9207a5ec04aa09286078e06ccae32a816481a5011d6be5a4
philipma1957         5         3228fa300587463b79004cd17f226c4a337101ae5d102cbcefeae3ef07a97375
justanickname        50        6c9f6788e0cf4196dbb2665ff5931fab3573f8f0b3f420d4e593128d838a9f3e
martyj2009           4         6e357ef8f12d395900ac998be70605659a3667b255cf4c906113c8aa39b9ae1a
blastbob&tyrion70    138       4f24eac1cf475d569b55aab331e2a30303e09c6692e3371b7684bf71ee9062aa

  4 shares in miner 4

Miner 04 -  Shares Sold
Username             # shares  Transaction confirmed
blastbob&tyrion70    32        4f24eac1cf475d569b55aab331e2a30303e09c6692e3371b7684bf71ee9062aa
kuriboh              4         0da3c606d7acc38e2b272d0d2c9e610328eef5bf0456c9f5a8594d4a6c5b6bfc
private buyer        20        1bf06427162e60b8382d6d1dac5f6b55ca7c522140b3301d5f413b172e2622c5
private buyer        5         a5648fd4361dbf58593051211fbbf09290da6cc797d0c449536f5652f9089c37
DanyAC               7         5a54b585415b1996eb204c3fdce62569a0acf7c851cf0bb565673b18b663ed79
hardinero007         6         6033967a9a26d07cd654a78fabdf7d238ac57fb3f13144ea7bd27de8eb49fc81
philipma1957         4         a4b8e2145c12e2a49b4fb9866ba76d7bf73da2ff7d36740326a0296cf750834c
SteveB               10        23df0de0725f4e81e48fed1c593be3bbfc3fc5c3d94fd72152ddb3f21839aff5
PaJo2000             20        268b4b97fb6edd495c43fb398383421e855bebbd48bde4d9bfc83a02fda99510
SteveB               10        1844ea1d76c3ffa41124cc8d7492322cc207c50a37bfd120f5f2101e7ae306b7
dronex               10        9f1ecd7cb0bba6ae885ffaf5590f28dec49077588420474f983257d9d0205485
tuudle               10        8e5b8f5635d984bdc66c0d9394c76e02112f9971f8c21ca8928d2a8ac959bdae
kirk46               4         7c3b118f017c1d69776567633c182df4d32f6ffb778258a1d3cebd2a9c2e0748
Szmarco              40        c38179b1c2d516ae6283a37ea95d90ea3eb083484992d0a4137631ddd84080d3
Anto                 10        f336f0aea92abcd9e3da53799a8e1af87d301198a97fc1de353fa917b57a93d0
blastbob&tyrion70    48        81214fb52951803ed4fcd6e8086fa1a024c5b6288d3103a583fc3838ff8ff4ec

lastly 1 share in miner 5

Miner 05 -  Shares Sold
Username             # shares  Transaction confirmed
blastbob&tyrion70    52        81214fb52951803ed4fcd6e8086fa1a024c5b6288d3103a583fc3838ff8ff4ec
minerpumpkin         20        84ae7eee8a62d27ebe574aa59b22df491ebd7cc1314c3336c6dd9d8a4ca6d871
Stinky_Pete          3         0ec6bc9b6309ceadca940b0503367e79761e6fb1a3730907467f1d93dcdc5af1
private buyer        22        3301142332e2739c534e460cdfefb991d4b5c5f907e0840d1f50d25768fc84c3
private buyer        20        21b52d9eb5bee150ff147e3d1cba69fbead673a750e083d1914518338bdba182
riclas               30        34c230a9b1fdd06ae5d660545ac8ae91e1cf6c8d39cd540e57d498b5536890ca
kerhac               1         0d51434c47abe7583a4b535001661f1526f0397479f938fdbe7520929d5a8dac
philipma1957         1         d9f0b526374ac3fff4f01d39e73ce2c9467fbda226389f79bf50da8cd65255e2
kerhac               1         cf3099b53c299bcb29a4eb0484eaa0d831e71e196eeb9e528dc88ffdb0ab83af
Colgate              10        3c841ec7125512203552d6f1526b75933ca45edd8d13525f38ff00777a980d6e
tuudle               10        0ebef0aa3381278aa0c1089d9ccaeb2ab4a6182d04f5b0249bad3416f18a6a41
private buyer        50        7a644788ca727d915529e73dad034ada65408301e824a9c4353ca7e808772c24
private buyer        20        e9430349fa18cc6a73b0198f748e4d3d910e9495ce14acad2d378aa820585c0f

So right now you only have 3 miners working for this group.  most of my 25 shares are in miners 2 and 3 which are working as we type.  20 of my 25 shares are in hand hashing.


a one or two or even three day delay to get up to 8 miners is not a big deal. But suppose it takes 10 days.

 Are we saying miners 1,2,3 score and 4,5,6,7,8, don't score.  Or are we being kind and sharing the wealth. So all of group 2 is getting 3/8 hash rate.

 The first way favors me the second way does not.

 Like I said if it is a short time to go from 3/8 to 8/8 cool.  I would be willing to share.

 If I missed a policy ruling there are lots of posts so please be kind.

[tyrion70]

So right now you only have 3 miners working for this group.  most of my 25 shares are in miners 2 and 3 which are working as we type.  20 of my 25 shares are in hand hashing.


a one or two or even three day delay to get up to 8 miners is not a big deal. But suppose it takes 10 days.

 Are we saying miners 1,2,3 score and 4,5,6,7,8, don't score.  Or are we being kind and sharing the wealth. So all of group 2 is getting 3/8 hash rate.

 The first way favors me the second way does not.

 Like I said if it is a short time to go from 3/8 to 8/8 cool.  I would be willing to share.

 If I missed a policy ruling there are lots of posts so please be kind.

Hey Philip,

I had to look it up myself cause I wasn't  sure anymore..

It seems we said that each miner on GB2 would count individually unlike GB1. For some reason that line of text is not in GB3. I quoted the line below:

The last difference is that each miner is counted treated individually because we don't know for sure they will be delivered at the same time. The first miner sold will therefore be the first miner to payout, but only to the shareholders of that miner (or of ADDICTION once it's issued). Which rougly means you have an advantage if you buy early!...

However... We would like to do a moral appeal on people in the first 3 miners to not hold us to that line (we hold 402 out of those 744 shares ourselves by the way).

The reason is that we really believe we will receive the remaining miners next week and the amount of administration involved to start mining for these three miners is significant (especially since we still need to withhold costs for the PSU's, transport and the btc/usd difference). It's hard enough as it is with us not receiving all miners as once. We really hope for your understanding in this. Also know that we've asked KnC if they will offer some form of compensation because the miners are late.

If it turns out to take a lot longer to receive the remaining miners we'll think of some way to make it work.

Cheers

[philipma1957]

Yeah I can be flexible up to a point. ie 1 ,2, 3 even 4 or 5 days.  Also like you said maybe knc will pay us some coins.  To be honest in comparison to BFL this is not so bad..

  I am glad bfl only got me for about 500usd I was pretty lucky compared to some.

[tyrion70]

Yeah I can be flexible up to a point. ie 1 ,2, 3 even 4 or 5 days.  Also like you said maybe knc will pay us some coins.  To be honest in comparison to BFL this is not so bad..

Good to hear! And yeah BFL is far worse as far as I can see.. We'll keep u guys apprised of delivery dates.

Is there a new dividend this weekend?

Dividends will be payed next wednesday again.

once all of the gb1 miners start hashing, please confirm the speed of mhash for each share thanks! 

Currently approximately 7500GH for 15 miners (including stales/rejects etc, cgminer reports a little higher) (14,5 miner if you take the two broken boards into account). That's an average of 500GH / miner or 40.32MH per share. It seems with every firmware upgrade the miners are more stable.

When will the next window be open?

Window is open again at least until next dividend payment next wednesday. We'll post the exact date and time later.

Cheers

[justanickname]

However... We would like to do a moral appeal on people in the first 3 miners to not hold us to that line (we hold 402 out of those 744 shares ourselves by the way).

The reason is that we really believe we will receive the remaining miners next week and the amount of administration involved to start mining for these three miners is significant (especially since we still need to withhold costs for the PSU's, transport and the btc/usd difference). It's hard enough as it is with us not receiving all miners as once. We really hope for your understanding in this. Also know that we've asked KnC if they will offer some form of compensation because the miners are late.

If it turns out to take a lot longer to receive the remaining miners we'll think of some way to make it work.

Cheers

I got shares in miner 3 GB2.
I don't want to "cause any problems", if it is a few days no big deal.

But I don't understand what is the big trouble of just dividing all the revenues between all the shareholders of all the 15 miners
like we are all a big group of 15 miners and when the rest of GB2 miners arrive than do all the special administration needed.

In short: till all GB2 miners arrive - we are all a single group of 15  miners.
             when all GB2 miners arrive - pretend that the 3 miners also arrived just now, and do the administration accordingly.

Why is this a problem?

[tyrion70]

I got shares in miner 3 GB2.
I don't want to "cause any problems", if it is a few days no big deal.

But I don't understand what is the big trouble of just dividing all the revenues between all the shareholders of all the 15 miners
like we are all a big group of 15 miners and when the rest of GB2 miners arrive than do all the special administration needed.

In short: till all GB2 miners arrive - we are all a single group of 15  miners.
             when all GB2 miners arrive - pretend that the 3 miners also arrived just now, and do the administration accordingly.

Why is this a problem?

It's not a problem in itself, but we cannot issue the shares in bitfunder then because you can't undo that.. So once the shares of the three gb2 miners are issued to bitfunder there is no way to seperate GB1 shares from GB2 shares anymore.

What we could do is pay the dividends on the 3 miners to the btc addresses, but then we'd have to make absolutely sure that we have everyones correct btc address (involving sending everyone on that list a PM again and wait for response). Some people payed from btc addresses that they didn't "own" and because they opted for bitfunder that wasn't an issue at the time.

We can always correct later and it should only be a few days. If it's longer or the next batch from KnC still doesn't complete GB2 (or 3) we will act accordingly.

BTW, we are keeping track of the income of each miner in order to keep all options open.

Time for bed now here.. If I close my eyes I still see whirling fans.. I take it as a sign that I've seen to many Jupiters today :p

Cheers

[philipma1957]

I got shares in miner 3 GB2.
I don't want to "cause any problems", if it is a few days no big deal.

But I don't understand what is the big trouble of just dividing all the revenues between all the shareholders of all the 15 miners
like we are all a big group of 15 miners and when the rest of GB2 miners arrive than do all the special administration needed.

In short: till all GB2 miners arrive - we are all a single group of 15  miners.
             when all GB2 miners arrive - pretend that the 3 miners also arrived just now, and do the administration accordingly.

Why is this a problem?

It's not a problem in itself, but we cannot issue the shares in bitfunder then because you can't undo that.. So once the shares of the three gb2 miners are issued to bitfunder there is no way to seperate GB1 shares from GB2 shares anymore.

What we could do is pay the dividends on the 3 miners to the btc addresses, but then we'd have to make absolutely sure that we have everyones correct btc address (involving sending everyone on that list a PM again and wait for response). Some people payed from btc addresses that they didn't "own" and because they opted for bitfunder that wasn't an issue at the time.

We can always correct later and it should only be a few days. If it's longer or the next batch from KnC still doesn't complete GB2 (or 3) we will act accordingly.

BTW, we are keeping track of the income of each miner in order to keep all options open.

Time for bed now here.. If I close my eyes I still see whirling fans.. I take it as a sign that I've seen to many Jupiters today :p

Cheers

 

 at justanickname

 see highlighted area I did that just thinking I would use bitfunder.  I am not the only one that did this. you have to take it all with a grain or two of salt.  Most asic builders are terrible.  Horror stories all over the internet.   So far Knc ,tyrion70 and blastbob  have been okay.

I am hoping that by weds or thur both group 2 and 3 will be filled.