Topic: KNC, 100% of their hashing is currently going into their own pocket. (Read 10855 times)
October 07, 2013, 11:29:06 AM
Locking thread because it's both run its course and they've actually got hardware in people's hands now!
October 07, 2013, 11:17:54 AM
Testnet - screenshot pinged to me form dev's android app.:
October 02, 2013, 06:43:54 PM
LET THIS USELESS THREAD DIE PLEASE!
STop It NOW ...lolz
October 02, 2013, 06:40:25 PM
LET THIS USELESS THREAD DIE PLEASE!
October 02, 2013, 05:54:29 PM
I would not buy a miner that hadn't proven itself mining on the real net. Testnet is not the same.
lol what's the difference? If you wrote something like this I bet you would not be able to tell by the cgminer screen on which net you are currently on. Hint: the only difference is the difficulty value. Totally unimportant for the hashrate or any other miner functionality.
Bitcoinrama already admitted they were paying some hacker (who helped them last minute debugging) with that mined coins, which is shady as hell. Would it be legal to do if that machine was not a BTC miner but, for instance, printing press instead? Of course it would be illegal.
Not "some hacker", but their employee.
Your printing press analogy is wrong - if someone working at a government mint solved a particularly difficult problem, they'd probably get a bonus on top of their salary. This 1 BTC is the same.
October 02, 2013, 10:56:58 AM
Mining testnet is a very similar workload to mining shares on a pool. If you were saying you wanted to see a solved high difficulty block— that would be another matter. A technically superior test would be to mine recently completed mainnet blocks to verify that the device would actually submit solutions. As it'll be quite awesome when, intentionally or otherwise, some mining asic has a "bug" that causes it to lose some percentage of its full solutions but not its shares... widespread deployment of such a device would probably put every pool out of business in a few days. 
[Aside: I'm only bothering to reply to this thread because it's currently on top]
[Aside: I'm only bothering to reply to this thread because it's currently on top]
Then let's keep it on top!
"very similar". See, "very similar" isn't good enough for me. I have a lot of money invested in my miners. Do you ship new versions of Bitcoin without running them on the live network? Until there is a test suite that verifies the protocol completely, there are all sorts of issues that could crop up on main net that don't show up on test net. Test net is a good starting place, but it doesn't offer everything that main net does.
October 02, 2013, 10:43:43 AM
I would not buy a miner that hadn't proven itself mining on the real net. Testnet is not the same.
lol what's the difference? If you wrote something like this I bet you would not be able to tell by the cgminer screen on which net you are currently on. Hint: the only difference is the difficulty value. Totally unimportant for the hashrate or any other miner functionality.
Bitcoinrama already admitted they were paying some hacker (who helped them last minute debugging) with that mined coins, which is shady as hell. Would it be legal to do if that machine was not a BTC miner but, for instance, printing press instead? Of course it would be illegal.
October 02, 2013, 10:41:44 AM
the knc wars starts spreading/infecting to other threads. why is knc so polarizing ? because it is a threat ? to whom ?
some aspects of this bitcoin stuff is way beyond economics. it´s getting religious.
I'd certainly like to understand this better... though it's offtopic for the thread. It's not unique to KNC, e.g. we saw it with BFL. But I think we've mostly not seen it with hashfast or cointerra. I've speculated before that some people are afraid of getting ripped off and have to aggressively back their own horse to justify themselves, but even that is incomprehensible to me. Then again, I don't really get team-sports fandom either.some aspects of this bitcoin stuff is way beyond economics. it´s getting religious.
... And I suppose some things are just unknowable.
The title of this thread is true for a certain value of truth. I.e.: 100%=1 unit.
Well, it's true until they actually get a box in someones hands. I was explicit about it and said it was a bit pedantic. Perhaps some people are unable to read any text which doesn't come with a meme image and from a user with a urinary-tract-infection-yellow ignore button? 
[As an aside: If you think a thread is dumb it's best to stop posting in it so that it can fall down the page!]
Arn't you the guy that admitted to having incestual sexual intercourse with his sister?
October 02, 2013, 10:40:03 AM
I would not buy a miner that hadn't proven itself mining on the real net. Testnet is not the same.
Mining testnet is a very similar workload to mining shares on a pool. If you were saying you wanted to see a solved high difficulty block— that would be another matter. A technically superior test would be to mine recently completed mainnet blocks to verify that the device would actually submit solutions. As it'll be quite awesome when, intentionally or otherwise, some mining asic has a "bug" that causes it to lose some percentage of its full solutions but not its shares... widespread deployment of such a device would probably put every pool out of business in a few days. [Aside: I'm only bothering to reply to this thread because it's currently on top]
October 02, 2013, 10:34:09 AM
I would not buy a miner that hadn't proven itself mining on the real net. Testnet is not the same.
October 02, 2013, 10:29:31 AM
Genuinely, what's the real issue here? They used Testnet throughout their entire development on the boards awaiting ASICs, using their four quadrant PCB. This can be proven, no problem apparently. That software engineer is in Stockholm.
People DO want to see it running stable in a real world hashing environment. On and off it's around 1.5 coins. Chill.
People DO want to see it running stable in a real world hashing environment. On and off it's around 1.5 coins. Chill.
Testnet is as real-world hashing environment as mainnet. Hashing is hashing, the only difference is number of blocks solved which is unimportant for testing. You should know that. These boxes aren't their's to mine on mainnet. If they devoted 5% of machines to themselves and never sold them, that's OK to mine with them, it's their property. But with other people's property it's not OK and no late-thought-of charity donations will make it right.
lol you're an idiot
Not as big as you since you can't even explain your thinking.
October 02, 2013, 10:25:41 AM
Genuinely, what's the real issue here? They used Testnet throughout their entire development on the boards awaiting ASICs, using their four quadrant PCB. This can be proven, no problem apparently. That software engineer is in Stockholm.
People DO want to see it running stable in a real world hashing environment. On and off it's around 1.5 coins. Chill.
People DO want to see it running stable in a real world hashing environment. On and off it's around 1.5 coins. Chill.
+100
October 02, 2013, 10:22:11 AM
Genuinely, what's the real issue here? They used Testnet throughout their entire development on the boards awaiting ASICs, using their four quadrant PCB. This can be proven, no problem apparently. That software engineer is in Stockholm.
People DO want to see it running stable in a real world hashing environment. On and off it's around 1.5 coins. Chill.
People DO want to see it running stable in a real world hashing environment. On and off it's around 1.5 coins. Chill.
Testnet is as real-world hashing environment as mainnet. Hashing is hashing, the only difference is number of blocks solved which is unimportant for testing. You should know that. These boxes aren't their's to mine on mainnet. If they devoted 5% of machines to themselves and never sold them, that's OK to mine with them, it's their property. But with other people's property it's not OK and no late-thought-of charity donations will make it right.
lol you're an idiot
October 02, 2013, 10:16:56 AM
Genuinely, what's the real issue here? They used Testnet throughout their entire development on the boards awaiting ASICs, using their four quadrant PCB. This can be proven, no problem apparently. That software engineer is in Stockholm.
People DO want to see it running stable in a real world hashing environment. On and off it's around 1.5 coins. Chill.
People DO want to see it running stable in a real world hashing environment. On and off it's around 1.5 coins. Chill.
Testnet is as real-world hashing environment as mainnet. Hashing is hashing, the only difference is number of blocks solved which is unimportant for testing. You should know that. These boxes aren't their's to mine on mainnet. If they devoted 5% of machines to themselves and never sold them, that's OK to mine with them, it's their property. But with other people's property it's not OK and no late-thought-of charity donations will make it right.
October 02, 2013, 06:04:43 AM
Genuinely, what's the real issue here? They used Testnet throughout their entire development on the boards awaiting ASICs, using their four quadrant PCB. This can be proven, no problem apparently. That software engineer is in Stockholm.
People DO want to see it running stable in a real world hashing environment. On and off it's around 1.5 coins. Chill.
People DO want to see it running stable in a real world hashing environment. On and off it's around 1.5 coins. Chill.
Every other vendor has been chastised to hell and back for this very thing. It just wouldn't be "right" not to harass them for it. Not that I care one way or another.
October 02, 2013, 05:23:56 AM
Genuinely, what's the real issue here? They used Testnet throughout their entire development on the boards awaiting ASICs, using their four quadrant PCB. This can be proven, no problem apparently. That software engineer is in Stockholm.
People DO want to see it running stable in a real world hashing environment. On and off it's around 1.5 coins. Chill.
People DO want to see it running stable in a real world hashing environment. On and off it's around 1.5 coins. Chill.
October 02, 2013, 03:43:03 AM
Perhaps some people are unable to read any text which doesn't come with a meme image and from a user with a urinary-tract-infection-yellow ignore button?
You'd be surprised how easy is to get that urinary infection on this forum. Me for instance got decent yellow button in a few days for a few posts claiming some obvious things about KnC in main KnC thread. It was worth it, learned a lesson never to speak to a deaf ear on the internetZ.
Why you?
I probably was about fifty percent in agreement with you on the thread, but I never thought you posted anything particularly outrageous or "ignore" worthy.
That's because you like to hear some opposite arguments to form an opinion, but some people don't like to have an opinion. They like to be in a herd an only hear the noise of their own herd.
Let's put this thread to oblivion of no new posts update, few were interested in gmaxwell's arguments.
Mr. Maxwell has been nothing but cool to me, so I took it in the spirit offered. I disagree with his conclusion, as what they have done isn't egregious. I don't disagree with his observation in general. Those that jumped him for the policies of the operator of the forum have an axe to grind with someone else. My axe is unrelated to the forum, since I'm a fuckin' rebel by any definition you care to root out.
But yes, I like to hear all sides of an argument before weighing in. I frequently have my own take that ain't on any "set" side. Probably how I wound up an anarchist
(and much earlier, captain of the debate team) October 02, 2013, 03:37:38 AM
Perhaps some people are unable to read any text which doesn't come with a meme image and from a user with a urinary-tract-infection-yellow ignore button?
You'd be surprised how easy is to get that urinary infection on this forum. Me for instance got decent yellow button in a few days for a few posts claiming some obvious things about KnC in main KnC thread. It was worth it, learned a lesson never to speak to a deaf ear on the internetZ.
Why you?
I probably was about fifty percent in agreement with you on the thread, but I never thought you posted anything particularly outrageous or "ignore" worthy.
That's because you like to hear some opposite arguments to form an opinion, but some people don't like to have an opinion. They like to be in a herd an only hear the noise of their own herd.
Let's put this thread to oblivion of no new posts update, few were interested in gmaxwell's arguments.
October 02, 2013, 12:08:25 AM
Perhaps some people are unable to read any text which doesn't come with a meme image and from a user with a urinary-tract-infection-yellow ignore button?
You'd be surprised how easy is to get that urinary infection on this forum. Me for instance got decent yellow button in a few days for a few posts claiming some obvious things about KnC in main KnC thread. It was worth it, learned a lesson never to speak to a deaf ear on the internetZ.
Why you?
I probably was about fifty percent in agreement with you on the thread, but I never thought you posted anything particularly outrageous or "ignore" worthy.
Then again I got a pretty thick skin
I only ignored one person, because they never had anything to contribute. Even if your argument is valid, typing the same two sentences ad infinitum gets old. Woops, before I get called on it, only ignored one user on that thread. Total of two, and second admitted they were just trolling.
October 01, 2013, 09:34:45 PM
urinary-tract-infection-yellow ignore button
Why have you summoned me!Yes I demand to be ignored ...lolz
And in tern I will ignore you...
It will be a IGNOREOFF
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