Being my highly respected dev, I really think you should not bother with all the messes in the custom hardware wild west
Topic: KNC, 100% of their hashing is currently going into their own pocket. - page 7. (Read 10874 times)
September 30, 2013, 06:55:16 PM
OP bored ?
Being my highly respected dev, I really think you should not bother with all the messes in the custom hardware wild west
Being my highly respected dev, I really think you should not bother with all the messes in the custom hardware wild west
September 30, 2013, 06:54:52 PM
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.
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
September 30, 2013, 06:53:08 PM
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.
network is safe enough.
AND I AM QUITE HAPPY WITH MY SHARE OF IT NOT BEING DILUTED.
FTFY
September 30, 2013, 06:51:03 PM
yeah, just stop ordering asics and stop making the asics manufacturers richer.
network is safe enough.
network is safe enough.
September 30, 2013, 06:50:46 PM
Gmaxwell is right.
Likely not going to happen but it would be nice of them to do testing in the testnet.
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
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.
September 30, 2013, 06:47:41 PM
Boycott Pre-orders!
Or make a pre-order, and sell it for profit when the market is hot
Or make a pre-order, and sell it for profit when the market is hot
September 30, 2013, 06:46:31 PM
Gmaxwell is right.
Likely not going to happen but it would be nice of them to do testing in the testnet.
Likely not going to happen but it would be nice of them to do testing in the testnet.
yeeah , on a testnet !?
And everybody will troll they fixed the tests, like that wil work.....
September 30, 2013, 06:43:25 PM
Gmaxwell is right.
Likely not going to happen but it would be nice of them to do testing in the testnet.
Likely not going to happen but it would be nice of them to do testing in the testnet.
September 30, 2013, 06:42:59 PM
BFL has done it. They even showed videos of it.
I do not doubt that comment, but do you have the link?
September 30, 2013, 06:42:22 PM
CRY BABY !!!!!
It's proof it's hashing. They will stop, just shut up for a day.
(and to think a mod would know better than to be a bitching troll)
It's proof it's hashing. They will stop, just shut up for a day.
(and to think a mod would know better than to be a bitching troll)
they sold their souls to BFL for all eternity and must defend to their death!!!
September 30, 2013, 06:41:48 PM
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.
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.
While I understand your objection, I think I have to disagree.
First off, we don't know that it's their only unit. They could be using the rest of their test units on a test net and applying the tweaks to the one that's showing, to see how it works in the real world. This is what I would do.
Second, this shows everyone who can follow the blockchain that yes, they do indeed have a working product. It's ONE machine out of many. Sure, technically, right now it's 100 percent of KnC's hash power, but in the very short long run, it's a demo.
I for one am glad to see it working in realtime, verifiably. I think that is worth more than the negligible impact it has on difficulty.
September 30, 2013, 06:40:24 PM
CRY BABY !!!!!
It's proof it's hashing. They will stop, just shut up for a day.
(and to think a mod would know better than this)
It's proof it's hashing. They will stop, just shut up for a day.
(and to think a mod would know better than this)
September 30, 2013, 06:36:40 PM
Its nothing as I see avalon testing some terahashes in eligius in months and keep customers to wait and waste of ROI.
just because avalon did it doesn't make it okay for KnC to do it.Anyone have proof that BFL and Bitfury didn't do it either? A day's testing on release day to prove real world hash rate doesn't seem overboard. However, if KNC do more than a day and don't ship tomorrow and don't stick to their 5% rule, then I think you have a point.
A much more pertinent question is why did BFL decide to take so long to ramp up their production rate? Just because someone sound's paranoid and whispers "Mini-rigs in the BFL basement" doesn't mean they are wrong
September 30, 2013, 06:34:52 PM
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.
Good, if they didn't nobody would believe their figures. This gives people something to watch. 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.
Do you have some problem with manufactures using gear on the live net? i certainly don't.
Only people that get upset about that sort of thing are trolls or people that can't work out that selling a miner for thousands of dollars profit every few min is worth more than hashing with one for days on end.
As in many industries, the money is in selling the tools not using them.
I make no economic sense whatsoever to hash on the testnet if unless you are doing things that might disturb the main block chain. Miners cost money to run, even for a few hour burnin test.
September 30, 2013, 06:34:10 PM
Its nothing as I see avalon testing some terahashes in eligius in months and keep customers to wait and waste of ROI.
just because avalon did it doesn't make it okay for KnC to do it.Anyone have proof that BFL and Bitfury didn't do it either? A day's testing on release day to prove real world hash rate doesn't seem overboard. However, if KNC do more than a day and don't ship tomorrow and don't stick to their 5% rule, then I think you have a point.
A much more pertinent question is why did BFL decide to take so long to ramp up their production rate? Just because someone sound's paranoid and whispers "Mini-rigs in the BFL basement" doesn't mean they are wrong
September 30, 2013, 06:30:49 PM
And letting BFL advertise here after all the lies, delays and outright fraud by BFL? Not slapping a ban on Josh when he's abusing their customers here?
I call double standards.
Sure, it's not the same as mining on mainnet to screw customers of ROI, but customers are fucked in either case.
I call double standards.
Sure, it's not the same as mining on mainnet to screw customers of ROI, but customers are fucked in either case.
September 30, 2013, 06:22:25 PM
Its nothing as I see avalon testing some terahashes in eligius in months and keep customers to wait and waste of ROI.
just because avalon did it doesn't make it okay for KnC to do it. September 30, 2013, 06:16:19 PM
Seeing as this a moderator-sanctioned trollfest:
https://forums.butterflylabs.com/pre-sales-questions/3616-whos-placing-new-orders-bfl-right-now-heres-real-competition.html#post44762
https://forums.butterflylabs.com/bfl-forum-miscellaneous/5127-knc-will-not-time-so-josh-correct-yah-right-2.html#post59956
Oh, Joshy, "assuredly" you don't know when to stop...
https://forums.butterflylabs.com/pre-sales-questions/3616-whos-placing-new-orders-bfl-right-now-heres-real-competition.html#post44762
https://forums.butterflylabs.com/bfl-forum-miscellaneous/5127-knc-will-not-time-so-josh-correct-yah-right-2.html#post59956
Oh, Joshy, "assuredly" you don't know when to stop...
September 30, 2013, 06:15:57 PM
if a troll is in the forest, under a bridge, and no one pays him a toll - has the troll done its job by preventing others passage?
lets change around some semantics:
If a global moderator feels compelled to nitpick a company for using an address on their 1st prototyped completed unit and yet turns around and accepted bfl money for years...does that make him a global Troll??? JOHN K?
?
It's a bit trolly to pick on KNC with only .5 TH online— which is why I made the "I guess I feel left out of the trolling" comment. But I really don't understand why people tolerate manufacturers competing with them. Battered wife syndrome perhaps.lets change around some semantics:
If a global moderator feels compelled to nitpick a company for using an address on their 1st prototyped completed unit and yet turns around and accepted bfl money for years...does that make him a global Troll??? JOHN K?
?Its nothing as I see avalon testing some terahashes in eligius in months and keep customers to wait and waste of ROI.
It's funny, before avalon had products in existence they made a nice strongly worded comment about how competent testing doesn't involve mining on the network (a position I agree with). As far as I know they didn't mine at scale on the mainnet to test batch 1 units... but the later stuff? Yea. That also falls into my bin of "why the heck are people tolerating this??". September 30, 2013, 06:11:34 PM
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.
Mods don't troll. They just tell you what you need to know! 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.
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