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Topic: DZ MC: Round 5-6, KnC Jupiters. Please move ?s and discussions here. - page 6. (Read 14001 times)

member
Activity: 83
Merit: 10

Round 9-12 actually never had any type of guarantee, they said each share was 1/100th the total hashrate of the machines, which if the bitfury's aren't actually hashing that means 1/100th of 0 = 0.

You were purchasing a percentage of the mining power of the machine / percentage of the machine if a machine fails you own part of it.

For the "how are we trying to fix the miner", the only thing we can do is reboot it right now and send an email to knc, its not even displaying that its on our network that it's plugged directly into. The R15/16 one magically started to work, it wasn't working when we left for the night and it was working when we came in in the morning.

When will KNC answer? Maybe you should try that: http://forum.kncminer.com/forum/main-category/hardware/24281-november-saturn-jupiter-troubleshooting-guide

Edit: I mean in general the SD Card image recovery method. Another link with all the infos you need: http://forum.kncminer.com/forum/main-category/main-forum/11263-urgent-dl-d-the-recovery-file-sd-from-knc-support-now-how-do-i-apply-it-to-my-miner

If you did that, and it still does not work it is hardware related and then you can write a mail to KNC.
hero member
Activity: 574
Merit: 500
member
Activity: 83
Merit: 10
So what are you doing to fix our miners? Have you checked if they have been hacked? Did a reset? A flash to clean up to date firmware? Whatever?
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
r6 is still down, earning zero
or are you finish with Jupiters and dont care about it? -18% to break even
too many GBs to handle

The Jupiter in r6 is acting like the one in 15/16 was...it just doesn't want to hash its been rebooted multiple times today half the time it doesn't even appear on the network

The fix for r15/16's was it just started by itself

not to yell or complain or shout but the original terms for buy 5+6 are guaranteed hash.
 so one machine is now about .75 btc the other is about 1.5btc since  the payout on the  15th.  

so that is a  .75btc shortfall    the shortfall that happen due to the move was about 2-2.5 coins  so the 5+ 6  rounds are short 2.75 to 3.25 coins.


I made a lot of fiat on this pair of rounds.   But this is an older buy and the coop lacks protection in the terms written.  it is only a small short fall but the round 9 -12 shortfall is bigger more like 15-18btc  and even though I don't keep track rounds 15+16 have a shortfall maybe 7 btc.   All of these were written up in such a way that the coop owes that btc.

 In fact the new website has changed terms which was smart and has claimed if gear is broken and the manufacturer does not address the problem the coop is not to blame. this  fair in my opinion  

We do have a problem with at least 3 sets of rounds.  lets say 3 + 20 + 7 = 30 btc that the coop has guaranteed  and not paid.

For me my rounds 5-6 and 9-12 are winners and have turned a usd  profit But many are not happy about 5-6   9-12 and lastly 15-16  

this white elephant has now been addressed for the newer rounds by correctly placing the problem on a manufacturers shoulders which is only fair.
  I do worry about this 'missing' 'unpaid' coins causing us trouble in the furture.  mostly if btc takes off in price.

 30 x 800 = 24000 usd  not that bad.
30 x 5000 = 150,000 usd   a bigger problem.

Note the estimates of 3 btc 20 btc and 7 btc for the rounds 5,6   9-12  15,16 are rough and not exact.

I would like a good solution to these since they cause a weakness in the coop.

 Lets face it  if round 17 has a 20% shortfall like rounds 9-12 have had at times people will be very angry.   The way I read rounds 17 is the coop is protected from legal action better then rounds 5,6  9-12 and 15,16.  So  my thoughts are a round 17 fuck up of 20% may cause people to attack the coop over rounds 5,6 9-12 15,16.    Basically because they are an easier target.

   For me I am cool since I made fiat on my shares in 5,6  and 9-12.
 So if rounds 17 are 'bad'  I am not running to  a courtroom.  
 I just feel that simply saying:  the coop will fix these early rounds because it is smart to do so.

I also feel round 17 should fully disclose that if the gear is shit and black arrow is to blame the coop is not on the hook. I would sign off to that clause on  17 with  no worries at all.
   But I don't want a mass attack  against the coop for these early 'winner' rounds.  When I read  on rounds 5,6 9-12 and 15,16.  Each and every one of these are fiat winners and a shit load of investors are still pissed off at making fiat and not making btc. I do worry that if round 17 is both a fiat and a btc loser people will be out for blood so to speak.

sr. member
Activity: 546
Merit: 250
Is somebody from the the groupbuy going to #btcmiami?

3 people are going if you are visit the cryptmint booth
WWW.cryptmint. com

cool!
hero member
Activity: 574
Merit: 500
Is somebody from the the groupbuy going to #btcmiami?

3 people are going if you are visit the cryptmint booth
WWW.cryptmint. com
sr. member
Activity: 546
Merit: 250
Is somebody from the the groupbuy going to #btcmiami?
hero member
Activity: 574
Merit: 500
r6 is still down, earning zero
or are you finish with Jupiters and dont care about it? -18% to break even
too many GBs to handle

The Jupiter in r6 is acting like the one in 15/16 was...it just doesn't want to hash its been rebooted multiple times today half the time it doesn't even appear on the network

The fix for r15/16's was it just started by itself
full member
Activity: 122
Merit: 100
r6 is still down, earning zero
or are you finish with Jupiters and dont care about it? -18% to break even
too many GBs to handle
full member
Activity: 122
Merit: 100
zeros on both rounds..
full member
Activity: 122
Merit: 100
No way to look at beautiful Jupiters hashing  Huh
sr. member
Activity: 546
Merit: 250
Can you post transaction id when you have time?
Thanks
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
good to know  thanks
hero member
Activity: 574
Merit: 501

Well, here's the current payout for January 15th.  These should be hitting your wallets shortly - I have some transfers to deal with first before sending anything out.



-R-

legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
question we are still listing a miner on dz coop at 15k


 http://www.dzminercoop.com/?product=r5-r6-knc-jupiter-used-550ghs-ultra-cheap-hosting-available-authorized-buy-it-now-price


lets change that to 8-10 k. on the 16th of jan.

based on this price below

http://www.ebay.com/itm/KnC-Jupiter-Miner-550-GH-s-In-Hand-/331099110660?pt=LH_DefaultDomain_0&hash=item4d170b7d04

also 3 antminer s-1 = our miners 540gh  or so 3 s-1 = 9.45 btc or about 7700usd

seems to me asking 15k is too high.

and when will the payment system work?
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
Looks llike past 15 days payout is not looking good is it ?  What say DZ folks , how & what do you plan to do ?
If you check now both are well over 600 even though they are being split in half (worker_1)

Again THERE IS NO REASON TO WATCH THE APP ON THE SITE ITS NOT REPORTING PROPERLY
thanks it did appear to be wrong and the two btc addresses are collecting cash/btc
hero member
Activity: 574
Merit: 500
Looks llike past 15 days payout is not looking good is it ?  What say DZ folks , how & what do you plan to do ?
If you check now both are well over 600 even though they are being split in half (worker_1)

Again THERE IS NO REASON TO WATCH THE APP ON THE SITE ITS NOT REPORTING PROPERLY
hero member
Activity: 560
Merit: 500
Looks llike past 15 days payout is not looking good is it ?  What say DZ folks , how & what do you plan to do ?
legendary
Activity: 4116
Merit: 7849
'The right to privacy matters'
Looks like R6 has more btc than R5 so probably trying to even them both out?
not sure.

they always did 50 50 with each machine so that always kept r5= to r6.

well i am sure they will get it fixed
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