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Author Topic: KNC, 100% of their hashing is currently going into their own pocket.  (Read 10850 times)
shapemaker
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September 30, 2013, 11:50:46 PM
 #21

Gmaxwell is right.

Likely not going to happen but it would be nice of them to do testing in the testnet.

He's right, and wrong, at the same time. A real heisen-comment Tongue

See, there's a large difference between a proof of a single working machine for all to see, and mining months and months with customer machines (Avalon), and flat out lying about shipping times, delays, inventory, really about everything (BFL).

gmaxwell is just nitpicking here. He should know better.

Shut up and give me money: 115UAYWLPTcRQ2hrT7VNo84SSFE5nT5ozo
tarmi
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September 30, 2013, 11:51:03 PM
 #22

yeah, just stop ordering asics and stop making the asics manufacturers richer.

network is safe enough.
Minor Miner
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September 30, 2013, 11:53:08 PM
 #23

yeah, just stop ordering asics and stop making the asics manufacturers richer.

network is safe enough.
AND I AM QUITE HAPPY WITH MY SHARE OF IT NOT BEING DILUTED.

FTFY

DPoS
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September 30, 2013, 11:54:52 PM
 #24

yeah, just stop ordering asics and stop making the asics manufacturers richer.

network is safe enough.
AND I AM QUITE HAPPY WITH MY SHARE OF IT NOT BEING DILUTED.

FTFY

That's the agenda behind 88% of the posts on this forum

~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
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September 30, 2013, 11:55:16 PM
 #25

OP bored ?  Grin

Being my highly respected dev, I really think you should not bother with all the messes in the custom hardware wild west

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September 30, 2013, 11:55:37 PM
 #26

I find is strange that Moderators like gmaxwell are taking this path. I thought this forum was neutral to everything and let user decide for themselves. What do you have to win here by doing this? There must be something since you didn't said anything about Avalon mining with customers units and maybe BFL.

erschiessen
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September 30, 2013, 11:56:10 PM
 #27

I guess I feel a bit left out of all the trolling—

KNC is now mining on their hardware, while customers wait for it to ship:

http://eligius.st/~wizkid057/newstats/userstats.php/17Czc8RVL3FU5T2MLx2zLbRnpfBNgH9vFo

This is, as far as I know, 100% of the KNC hashrate in existence. Pedantically speaking, it means that KNC is violating their 5% commitment.

Testing doesn't involve using the production network. Production mining is unlikely to test finding blocks— whereas testnet, or replays of past found blocks are more complete tests.  Mining on the mainnet increases the difficulty and takes income from customers who are waiting on units that will be late.  Every bit of earlier mining is worth large amounts of future mining due to expected growth.

I do not understand why miners keep funding mining hardware companies that mine in competition with their own customers.

I gave you a negative trust rating because of this horseshit FUD.
Worst faggy waste of forum resources that I have seen today.
From a frikkin moderator in this very subforum, no less.

Your Message Here
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FUKT
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September 30, 2013, 11:58:01 PM
 #28

I guess I feel a bit left out of all the trolling—

KNC is now mining on their hardware, while customers wait for it to ship:

http://eligius.st/~wizkid057/newstats/userstats.php/17Czc8RVL3FU5T2MLx2zLbRnpfBNgH9vFo

This is, as far as I know, 100% of the KNC hashrate in existence. Pedantically speaking, it means that KNC is violating their 5% commitment.

Testing doesn't involve using the production network. Production mining is unlikely to test finding blocks— whereas testnet, or replays of past found blocks are more complete tests.  Mining on the mainnet increases the difficulty and takes income from customers who are waiting on units that will be late.  Every bit of earlier mining is worth large amounts of future mining due to expected growth.

I do not understand why miners keep funding mining hardware companies that mine in competition with their own customers.

I gave you a negative trust rating because of this horseshit FUD.
Worst faggy waste of forum resources that I have seen today.
From a frikkin moderator in this very subforum, no less.


+1
tarmi
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October 01, 2013, 12:02:27 AM
 #29

yeah, just stop ordering asics and stop making the asics manufacturers richer.

network is safe enough.
AND I AM QUITE HAPPY WITH MY SHARE OF IT NOT BEING DILUTED.

FTFY

That's the agenda behind 88% of the posts on this forum

 Roll Eyes

then buy them, as much as you can. pre-order 10 TH if you can for 40 $/GH. make my bitcoins safer and raise their value by 500 %.
YipYip
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October 01, 2013, 12:02:35 AM
 #30

...i loled

over such a small issue that if it is used as a proof of life ...then its completely justifialble

And then we have BFL the career serial killers & criminals who get a free pass to all and everything

We know that mods cant ban pplz that is theymos domain that has not stopped any of u MODERATING the beast that is BFL.......BFL own u biatch's so take it like the ho's that you are.... lolz

OBJECT NOT FOUND
Syke
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October 01, 2013, 12:05:07 AM
 #31

KNC is now mining on their hardware, while customers wait for it to ship:

http://eligius.st/~wizkid057/newstats/userstats.php/17Czc8RVL3FU5T2MLx2zLbRnpfBNgH9vFo

Kudos to KnC for building the first 28nm Bitcoin ASIC!

Buy & Hold
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October 01, 2013, 12:08:44 AM
Last edit: October 01, 2013, 12:24:34 AM by af_newbie
 #32

I guess I feel a bit left out of all the trolling—

KNC is now mining on their hardware, while customers wait for it to ship:

http://eligius.st/~wizkid057/newstats/userstats.php/17Czc8RVL3FU5T2MLx2zLbRnpfBNgH9vFo

This is, as far as I know, 100% of the KNC hashrate in existence. Pedantically speaking, it means that KNC is violating their 5% commitment.

Testing doesn't involve using the production network. Production mining is unlikely to test finding blocks— whereas testnet, or replays of past found blocks are more complete tests.  Mining on the mainnet increases the difficulty and takes income from customers who are waiting on units that will be late.  Every bit of earlier mining is worth large amounts of future mining due to expected growth.

I do not understand why miners keep funding mining hardware companies that mine in competition with their own customers.


Greed.

BTW, KNC will mine the shit out of the hardware before it is delivered.

Sure they will send out the samples to the most outspoken members, but the rest of Joe Schmoes will have to dust off their units once they receive them.  I don't think it will be as bad as Avalon (borderline criminal in EU, US and Canada) since they do have to deal with EU regulations and laws.

The address we see here is just for the show.  So expect many blocks to be found by unknown IPs if they decide to setup solo farms.

Who will stop them from producing more hardware to mine for themselves?  There are no laws against it.  It makes perfect business sense.
Is it ethical?  Of course not. It is like a brokerage house selling stocks to clients and selling the same stocks short by themselves.  Profit from both.

jimrome
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October 01, 2013, 12:15:12 AM
 #33

I guess I feel a bit left out of all the trolling—

KNC is now mining on their hardware, while customers wait for it to ship:

http://eligius.st/~wizkid057/newstats/userstats.php/17Czc8RVL3FU5T2MLx2zLbRnpfBNgH9vFo

This is, as far as I know, 100% of the KNC hashrate in existence. Pedantically speaking, it means that KNC is violating their 5% commitment.

Testing doesn't involve using the production network. Production mining is unlikely to test finding blocks— whereas testnet, or replays of past found blocks are more complete tests.  Mining on the mainnet increases the difficulty and takes income from customers who are waiting on units that will be late.  Every bit of earlier mining is worth large amounts of future mining due to expected growth.

I do not understand why miners keep funding mining hardware companies that mine in competition with their own customers.



[yifu]

you assume that KnC controls that address

[/yifu]
YipYip
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October 01, 2013, 12:17:40 AM
 #34

I guess I feel a bit left out of all the trolling—

KNC is now mining on their hardware, while customers wait for it to ship:

http://eligius.st/~wizkid057/newstats/userstats.php/17Czc8RVL3FU5T2MLx2zLbRnpfBNgH9vFo

This is, as far as I know, 100% of the KNC hashrate in existence. Pedantically speaking, it means that KNC is violating their 5% commitment.

Testing doesn't involve using the production network. Production mining is unlikely to test finding blocks— whereas testnet, or replays of past found blocks are more complete tests.  Mining on the mainnet increases the difficulty and takes income from customers who are waiting on units that will be late.  Every bit of earlier mining is worth large amounts of future mining due to expected growth.

I do not understand why miners keep funding mining hardware companies that mine in competition with their own customers.


Greed.

BTW, KNC will mine the shit out of the hardware before it is delivered.

Sure they will send out the samples to the most outspoken members, but the rest of Joe Schmoes will have to dust off their units once they receive them.  I don't think it will be as bad as Avalon (borderline criminal in EU, US and Canada) since they do have to deal with EU regulations and laws.

The address we see here is just for the show.  So expect many blocks to be found by unknown IPs if they decide to setup solo farms.

Who will stop them from producing more hardware to mine for themselves?  There are no laws against it.  It makes perfect business sense.
Is it ethical?  Of course not. It is like a Brokerage house selling stocks to clients and selling the same stocks short by themselves.  Profit from both.


Lets see what happens ...but BFL & Avalon have set the bar so low it does not matter any more


OBJECT NOT FOUND
RoadStress
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October 01, 2013, 12:29:02 AM
 #35

I guess I feel a bit left out of all the trolling—

KNC is now mining on their hardware, while customers wait for it to ship:

http://eligius.st/~wizkid057/newstats/userstats.php/17Czc8RVL3FU5T2MLx2zLbRnpfBNgH9vFo

This is, as far as I know, 100% of the KNC hashrate in existence. Pedantically speaking, it means that KNC is violating their 5% commitment.

Testing doesn't involve using the production network. Production mining is unlikely to test finding blocks— whereas testnet, or replays of past found blocks are more complete tests.  Mining on the mainnet increases the difficulty and takes income from customers who are waiting on units that will be late.  Every bit of earlier mining is worth large amounts of future mining due to expected growth.

I do not understand why miners keep funding mining hardware companies that mine in competition with their own customers.


Greed.

BTW, KNC will mine the shit out of the hardware before it is delivered.

Sure they will send out the samples to the most outspoken members, but the rest of Joe Schmoes will have to dust off their units once they receive them.  I don't think it will be as bad as Avalon (borderline criminal in EU, US and Canada) since they do have to deal with EU regulations and laws.

The address we see here is just for the show.  So expect many blocks to be found by unknown IPs if they decide to setup solo farms.

Who will stop them from producing more hardware to mine for themselves?  There are no laws against it.  It makes perfect business sense.
Is it ethical?  Of course not. It is like a brokerage house selling stocks to clients and selling the same stocks short by themselves.  Profit from both.


Please don't compare long term Swedish business men with greedy no business manners chinese pussies.

joeventura
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October 01, 2013, 12:31:04 AM
 #36



Yes and a customer agrees with him......I think!?!?!

https://forums.butterflylabs.com/bfl-forum-miscellaneous/5127-knc-will-not-time-so-josh-correct-yah-right-3.html#post59995

yxt
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October 01, 2013, 12:33:07 AM
 #37

I guess I feel a bit left out of all the trolling—

KNC is now mining on their hardware, while customers wait for it to ship:

http://eligius.st/~wizkid057/newstats/userstats.php/17Czc8RVL3FU5T2MLx2zLbRnpfBNgH9vFo

This is, as far as I know, 100% of the KNC hashrate in existence. Pedantically speaking, it means that KNC is violating their 5% commitment.

Testing doesn't involve using the production network. Production mining is unlikely to test finding blocks— whereas testnet, or replays of past found blocks are more complete tests.  Mining on the mainnet increases the difficulty and takes income from customers who are waiting on units that will be late.  Every bit of earlier mining is worth large amounts of future mining due to expected growth.

I do not understand why miners keep funding mining hardware companies that mine in competition with their own customers.

I gave you a negative trust rating because of this horseshit FUD.
Worst faggy waste of forum resources that I have seen today.
From a frikkin moderator in this very subforum, no less.


lol, you give him positive trust

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erschiessen
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October 01, 2013, 12:42:23 AM
 #38

I guess I feel a bit left out of all the trolling—

KNC is now mining on their hardware, while customers wait for it to ship:

http://eligius.st/~wizkid057/newstats/userstats.php/17Czc8RVL3FU5T2MLx2zLbRnpfBNgH9vFo

This is, as far as I know, 100% of the KNC hashrate in existence. Pedantically speaking, it means that KNC is violating their 5% commitment.

Testing doesn't involve using the production network. Production mining is unlikely to test finding blocks— whereas testnet, or replays of past found blocks are more complete tests.  Mining on the mainnet increases the difficulty and takes income from customers who are waiting on units that will be late.  Every bit of earlier mining is worth large amounts of future mining due to expected growth.

I do not understand why miners keep funding mining hardware companies that mine in competition with their own customers.

I gave you a negative trust rating because of this horseshit FUD.
Worst faggy waste of forum resources that I have seen today.
From a frikkin moderator in this very subforum, no less.


lol, you give him positive trust
LOL
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af_newbie
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October 01, 2013, 12:44:32 AM
 #39

Please don't compare long term Swedish business men with greedy no business manners chinese pussies.

Business men everywhere are all the same.  What they do is limited by the laws of where they operate?
If you think otherwise, you are very naive.

If they run business, they run it to maximize profit.  Period.
If they run a non-profit organization, that is a different story.

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October 01, 2013, 12:45:46 AM
 #40



 Roll Eyes

then buy them, as much as you can. pre-order 10 TH if you can for 40 $/GH. make my bitcoins safer and raise their value by 500 %.

sure thing, and will write off tons of losses on my taxes and have free mining farm!!!   winning!!

~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
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