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Author Topic: Knc vs Butterfly  (Read 2477 times)
barwizi (OP)
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October 13, 2013, 09:01:46 AM
 #1

Is it better to blow 5 grand on the supposed november shipping for KNC or to order the PCI-e Butterfly labs item? Considering how long it took butterfly labs, then i haven't seen or heard of a working KNC miner, it leaves me uneasy to invest. Last time i used the wait and see approach, it worked, didn't order and i used that money to make more from scrypt clones.

what do ya'llz think?
Puppet
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October 13, 2013, 09:03:53 AM
 #2

Is it better to burn your money in a wood or coal burning stove ?
barwizi (OP)
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October 13, 2013, 09:08:16 AM
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Is it better to burn your money in a wood or coal burning stove ?

nice Smiley
tondaS
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October 13, 2013, 09:16:13 AM
 #4

i haven't seen or heard of a working KNC miner

KnCMiner Jupiter Miner First Impressions
https://bitcointalk.org/index.php?topic=306969.0


rammy2k2
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October 13, 2013, 09:18:29 AM
 #5

how in the world u have Activity: 182 and u dont know how much is 1 + 1 ?
did you bought your account ?
barwizi (OP)
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October 13, 2013, 11:12:51 AM
 #6

how in the world u have Activity: 182 and u dont know how much is 1 + 1 ?
did you bought your account ?
how in the world DO u have
*don't
*buy


did you buy your english?
jarhed
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October 13, 2013, 11:39:07 AM
 #7

.....has more cash than sense.

fattypig
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October 13, 2013, 12:58:17 PM
 #8

Is it better to blow 5 grand on the supposed november shipping for KNC or to order the PCI-e Butterfly labs item? Considering how long it took butterfly labs, then i haven't seen or heard of a working KNC miner, it leaves me uneasy to invest. Last time i used the wait and see approach, it worked, didn't order and i used that money to make more from scrypt clones.

what do ya'llz think?

KNC miner have better records and better deal, just don't go near butterfly labs or you will be doomed.

As an alternative you can buy Hash from cex.io (referral link) Smiley

Biomech
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October 13, 2013, 01:24:37 PM
 #9

how in the world u have Activity: 182 and u dont know how much is 1 + 1 ?
did you bought your account ?
how in the world DO u have
*don't
*buy


did you buy your english?

OUCH!

On topic, KnC has some delivery and hardware hiccups. Given their development cycle, I expected it to be worse. I think that if you were ordering right now, they would probably deliver your units on time. The first lot, they did far better than I expected, and a bit worse than they were hoping for. So far, as near as I can tell, they have shipped around 700 units, most a week or so behind schedule.

By comparison, as of a few weeks ago BFL was still several months behind their initial pre-orders. I really don't think the two companies compare well. KnC seems legit, but have let their pride in initial accomplishment blind them to some of the more mundane realities of doing business. Understandable, and frustrating for their early adopters, but still a good company. BFL has dropped the ball, kicked the can, obfuscated, delayed, and often outright lied for most of their history. On integrity alone, I would not do business with them. I would only buy a BFL rig if it were through a third party in person, with the rig in hand. From everything I've heard, despite their Kirby Vacuum style of marketing, they do have good hardware once they get around to building it.

My .002 BTC Smiley
philipma1957
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October 13, 2013, 09:01:22 PM
 #10

how in the world u have Activity: 182 and u dont know how much is 1 + 1 ?
did you bought your account ?
how in the world DO u have
*don't
*buy


did you buy your english?

OUCH!

On topic, KnC has some delivery and hardware hiccups. Given their development cycle, I expected it to be worse. I think that if you were ordering right now, they would probably deliver your units on time. The first lot, they did far better than I expected, and a bit worse than they were hoping for. So far, as near as I can tell, they have shipped around 700 units, most a week or so behind schedule.

By comparison, as of a few weeks ago BFL was still several months behind their initial pre-orders. I really don't think the two companies compare well. KnC seems legit, but have let their pride in initial accomplishment blind them to some of the more mundane realities of doing business. Understandable, and frustrating for their early adopters, but still a good company. BFL has dropped the ball, kicked the can, obfuscated, delayed, and often outright lied for most of their history. On integrity alone, I would not do business with them. I would only buy a BFL rig if it were through a third party in person, with the rig in hand. From everything I've heard, despite their Kirby Vacuum style of marketing, they do have good hardware once they get around to building it.

My .002 BTC Smiley
  This is pretty  much the truth..

 If you are looking to drop 5000 usd get a knc unit.

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.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
danhu
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October 13, 2013, 09:07:15 PM
 #11

none of them deliver on time and always come up with excuses  Angry
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October 13, 2013, 09:49:26 PM
 #12

I would wait & watch Bitmine & maybe Blackarrow,lower power consumption per GH & by Nov-Dec,lower prices  Wink

And you'll have a better idea about the network speed  Shocked  6 Petahash by 1st quater 2014 is possible..................

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
Biomech
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October 14, 2013, 12:18:13 AM
 #13

Why not use that 5k $ to just buy bitcoin?

I can't answer for everyone, obviously, but to me, the fun of the hardware and exploration.

It's also a long term bet on the transactional side of BTC. Even though I know that I will not see positive ROI in a short timeframe, I still want to do it. Only reason I haven't is that I don't yet have the spare cash.

BTCscraper
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October 14, 2013, 03:21:22 AM
 #14

barwizi:

You order a Butterfly in June 2012, you get it in April 2013.  10 months.
Your order a KnC in June 2013, you get it in October 2013.  4 months.
Butterfly is still shipping orders from March 2013 today, so they're still 3 months behind KnC.

KnC's next batch will be out next month, so it's probably first half of December at worst.
BFL claims to be shipping the Monarch in quantity in January, so if you order today, you'll get in February 2014 at best.
Difficulty is increasing 30% every 11 days or so, and probably won't slow down because of upcoming shipping skeds of all other companies, so you're looking at a 270% increase in difficulty between the time you would get a KnC and the time you would get a Monarch.  You also need to add in the 180% difficulty increase from now until the first week of December for your KnC calculations.

You're probably still better off mining scrypt. :-)

Butterfly Labs has a different interpretation of the FTC Mail Order Rule.  You do not have a refund option with the BFL Monarch no matter how late they ship.
"... In the middle of difficulty lies opportunity." -- Albert Einstein
"Luck is a dividend of sweat. The more you sweat, the luckier you get." -- Ray Kroc
SPC_Bitcoin
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October 14, 2013, 03:38:19 AM
 #15

I would be asking the 2nd, 3rd, and 4th largest mining pools, are they expanding? in need of more miners? what are their short term plans? 1 - 3 yr range.

NEVER GOT PAID.
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October 14, 2013, 06:15:09 AM
 #16

barwizi:

You order a Butterfly in June 2012, you get it in April 2013.  10 months.
Your order a KnC in June 2013, you get it in October 2013.  4 months.
Butterfly is still shipping orders from March 2013 today, so they're still 3 months behind KnC.

KnC's next batch will be out next month, so it's probably first half of December at worst.
BFL claims to be shipping the Monarch in quantity in January, so if you order today, you'll get in February 2014 at best.
Difficulty is increasing 30% every 11 days or so, and probably won't slow down because of upcoming shipping skeds of all other companies, so you're looking at a 270% increase in difficulty between the time you would get a KnC and the time you would get a Monarch.  You also need to add in the 180% difficulty increase from now until the first week of December for your KnC calculations.

You're probably still better off mining scrypt. :-)

Don't forget.....BFL is ALWAYS off on power targets,by at least 3 times & shipping targets,like you mentioned,my bet ?? BFL won't ship the Monarch's till June or 2nd quater 2014 at earliest  Roll Eyes

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
Tad3j
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October 15, 2013, 09:45:33 AM
 #17

I would wait & watch Bitmine & maybe Blackarrow,lower power consumption per GH & by Nov-Dec,lower prices  Wink

And you'll have a better idea about the network speed  Shocked  6 Petahash by 1st quater 2014 is possible..................

x2

I will go with bitmine desk or even rig, they also offer an upgrade modules and with price lowering, you'll easy upgrade on speed ...
Miz4r
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October 15, 2013, 12:56:42 PM
 #18

Buying mining hardware right now is stupid and will just cost you money. Wait for when the exponential increase in difficulty levels off (not gonna happen this year) and then decide to purchase your miner. It's still risky, but it will have a much better chance of earning you back your money. In my opinion both KNC and BFL are not the ideal companies to buy from, BFL speaks for themselves but KNC is also not as professional as they make themselves appear to be. Bitfury is easily the best company that delivers right now, and companies like Cointerra/Bitmine/Blackarrow seem nice but still have to proof themselves. All the more reason to wait and see how this all pans out, right now it's all one big losing gamble.

Bitcoin = Gold on steroids
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October 15, 2013, 10:41:28 PM
 #19

My problem with Cointerra & KnC & others is they offer nothing in my price range,less than $3000(include shipping).Main reason I'm watching Bitmine & Blackarrow so closely  Wink

BA offers units for around $300 for 100GH,Bitmine's units start at $1500  Cheesy

Just wait & see shit is killing me  Cheesy

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
rammy2k2
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October 15, 2013, 11:28:43 PM
 #20

how in the world u have Activity: 182 and u dont know how much is 1 + 1 ?
did you bought your account ?
how in the world DO u have
*don't
*buy


did you buy your english?


lol ... u're such a joke
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