[BitFunder] - ADDICTION - KNCMiner - Now hashing at 14+TH! - page 13.

utens

full member

Activity: 163

Merit: 100

Name coin 0.0115!! Imo time 1-2 months and we'll switch to mine only altcoins Wink

Will be nice to get the roi on the expensive shares of the pre-Bitfunder era

( or even here http://www.coinwarz.com/cryptocurrency/?sha256HashRate=1000.00&sha256Power=500.00&sha256PowerCost=0.1000&scryptHashRate=750&scryptPower=350.00&scryptPowerCost=0.4000&sha256Check=false&scryptCheck=true )

wolfskill

newbie

Activity: 36

Merit: 0

Didn't find anything within this thread. But there is https://www.multipool.us/ which can mine the most profitable SHA-256 and Scrypt coin per hour.

WolfSkill

Voodah

sr. member

Activity: 266

Merit: 250

Tyrion or blastbob,

Could we eventually put these to mine alt-coins?

Can you guys tell me the total monthly cost to have these runing (housing + energy + ?? )?

blastbob

hero member

Activity: 602

Merit: 500

Quote from: quantummine on November 27, 2013, 05:27:01 AM

If Blastbob & Tyrion70 were to engage in another GB, would the value of our Addiction shares be diluted i.e. currently each share is worth approx 28.23MH/s (I think it's more than this right?) so if they bought Neptunes would current share value essentially be worth 1/6 of what they were as the hashing power of a neptune is approximately 6x more than a Jupiter? In other words would the new Neptune buyers shares receive 6x as many shares as I have for my equivalent Jupiter GB, or I misunderstanding this completely?

We are not going to do another GB with KnC Gen 2 equipment.

They are too high prices.
Delivery date is way to uncertain.
We did not get any rebate being big gen1 customers.

And machines will not make BTC Roi with current prices.

quantummine

newbie

Activity: 7

Merit: 0

If Blastbob & Tyrion70 were to engage in another GB, would the value of our Addiction shares be diluted i.e. currently each share is worth approx 28.23MH/s (I think it's more than this right?) so if they bought Neptunes would current share value essentially be worth 1/6 of what they were as the hashing power of a neptune is approximately 6x more than a Jupiter? In other words would the new Neptune buyers shares receive 6x as many shares as I have for my equivalent Jupiter GB, or I misunderstanding this completely?

philipma1957

legendary

Activity: 4256

Merit: 8551

'The right to privacy matters'

Quote from: blastbob on November 26, 2013, 10:00:04 AM

Quote from: hasher87 on November 26, 2013, 09:45:25 AM

https://www.kncminer.com/news/news-69

hmmmmm neptune

going for another GB?

I think we are going to pass on this one.. KNC are some sneaky ones, but playing the game very well.

* I only filled in cost and hash. Numbers might not be 100% correct

well only paying them in btc is a bit nerve wracking. but using 18% a diff adjustment works well

http://bitcoinwisdom.com/bitcoin/calculator this gives a starting diff of 3189m on the 26th of march your numbers start us at about 11000m.

most likely the real number is in the middle of those 2 estimates.

maqifrnswa

sr. member

Activity: 454

Merit: 252

Quote from: LiteBit on November 26, 2013, 02:31:06 PM

Quote from: blastbob on November 26, 2013, 12:49:19 PM

Quote from: thegoldbug on November 26, 2013, 12:35:40 PM

Any interest in doing a group buy again on the new KNC Neptune? Email just received today.

I don't see a price for the new 3Th/s machine but since we are previous buyers we have the opportunity to buy-in.

I'd be interested.

I don't really see the point of buying something that is a certain loss.

We did spend around 200.000$ at KnC and we have not been rewarded for that yet.

Agreed. Not wise with the rate still rising.
BTW, the price is $10K for 3TH to be delivered in Q1/Q2 2014. So say March 2014 as optimistic and you get no ROI the first year. You get 200% ROI the first year if the price of BTC increases at a 100% / month clip. Not likely.

And, like Voodah wrote, if your ROI depends on the value of bitcoin rising - just buy bitcoins.

LiteBit

legendary

Activity: 1133

Merit: 1050

Quote from: blastbob on November 26, 2013, 12:49:19 PM

Quote from: thegoldbug on November 26, 2013, 12:35:40 PM

Any interest in doing a group buy again on the new KNC Neptune? Email just received today.

I don't see a price for the new 3Th/s machine but since we are previous buyers we have the opportunity to buy-in.

I'd be interested.

I don't really see the point of buying something that is a certain loss.

We did spend around 200.000$ at KnC and we have not been rewarded for that yet.

Agreed. Not wise with the rate still rising.
BTW, the price is $10K for 3TH to be delivered in Q1/Q2 2014. So say March 2014 as optimistic and you get no ROI the first year. You get 200% ROI the first year if the price of BTC increases at a 100% / month clip. Not likely.

Voodah

sr. member

Activity: 266

Merit: 250

Guys please don't give any more of your BTC to ASIC companies. They are outright scamming us all right now, you are funding their private growth. How is it that you did not learn from this buy (AGAIN, tyrion's work was flawless !).

It's actually a very simple simple problem with a very complex background:

1. No equipment in the market hits ROI.
2. If you cannot buy hardware that gets ROI, you are ALWAYS better off using that same amount of BTC to buy coins on the market.

That's easy enough. For ASIC makers it's a different story:

1. You build boxes that print money.
2. If they cannot print enough money to hit ROI, you don't build it.
3. If they print a lot more money than it's cost to make, you're giving away free money. So, you pre-use them inhouse until the gains are minimal (yes, it is known for a fact ASIC companies have done this).
4. Only spot to sell: when the calculation for ROI vs. Cost becomes ambiguous, letting the customer gamble if the time it takes to ship will put him just barely within ROI (if he is lucky enough to be one f the very first buyers) or in a disastrous investment.

The model is broken. Don't feed it more BTC.

blastbob

hero member

Activity: 602

Merit: 500

Quote from: thegoldbug on November 26, 2013, 12:35:40 PM

Any interest in doing a group buy again on the new KNC Neptune? Email just received today.

I don't see a price for the new 3Th/s machine but since we are previous buyers we have the opportunity to buy-in.

I'd be interested.

I don't really see the point of buying something that is a certain loss.

We did spend around 200.000$ at KnC and we have not been rewarded for that on the Gen2 Neptune's :/

blastbob

hero member

Activity: 602

Merit: 500

Quote from: tuudle on November 26, 2013, 10:50:10 AM

Hi, I don't get Difficulty increase/month set to 110 %.
50 % seems to me like approx. right number.

Modify to 50% and play with the delivery months.. Let me know if its a good deal

thegoldbug

member

Activity: 90

Merit: 10

Any interest in doing a group buy again on the new KNC Neptune? Email just received today.

I don't see a price for the new 3Th/s machine but since we are previous buyers we have the opportunity to buy-in.

I'd be interested.

tuudle

newbie

Activity: 11

Merit: 0

Hi, I don't get Difficulty increase/month set to 110 %.
50 % seems to me like approx. right number.

blastbob

hero member

Activity: 602

Merit: 500

Quote from: hasher87 on November 26, 2013, 09:45:25 AM

https://www.kncminer.com/news/news-69

hmmmmm neptune

going for another GB?

I think we are going to pass on this one.. KNC are some sneaky ones, but playing the game very well.

* I only filled in cost and hash. Numbers might not be 100% correct

hasher87

hero member

Activity: 686

Merit: 500

https://www.kncminer.com/news/news-69

hmmmmm neptune

going for another GB?

iourzzz

member

Activity: 94

Merit: 10

NMC is going crazy... 0.009... would be cool if it sustain

kirk46

member

Activity: 91

Merit: 10

Eligius is being DDos Sad

namzycad3

member

Activity: 61

Merit: 10

Quote from: leepsteer00 on November 26, 2013, 05:00:41 AM

Quote from: tyrion70 on November 25, 2013, 05:07:35 PM

Quote from: albon on November 25, 2013, 04:50:13 PM

Ho

So now I am a share holder what are the plans going forward to incress hash rate?

Saves me from reading all the posts Wink

Hey!

Welcome to the group then!

Addiction does not have a reinvestment policy. We simply payout everything in dividends. That being said we are constantly looking for new opportunities to start new GB's which might then be included in Addiction. This means shareholders are free to reinvest if they want (and in what they want).

That being said, KnC announced today their 2nd generation equipment (Neptune: www.kncminer.com). We are debating if we are going to start another groupbuy for those. We'll keep you updated on that.

Cheers,

Just saying, can we pay via Paypal for the upcoming gb?

asking this question is just like asking can you buy big mac in KFC

pascal257

sr. member

Activity: 493

Merit: 262

Quote from: leepsteer00 on November 26, 2013, 05:00:41 AM

Just saying, can we pay via Paypal for the upcoming gb?

You're kidding?

namzycad3

member

Activity: 61

Merit: 10

Quote from: tyrion70 on November 25, 2013, 05:43:32 PM

hehe.. at 0.00474 already... go figure..

Topic: [BitFunder] - ADDICTION - KNCMiner - Now hashing at 14+TH! - page 13. (Read 74824 times)