KNC, 100% of their hashing is currently going into their own pocket. - page 8.

gmaxwell

staff

Activity: 4284

Merit: 8808

Quote from: frankenmint on September 30, 2013, 06:07:43 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? Huh

?

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.

Quote from: whisper on September 30, 2013, 06:08:59 PM

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??".

PuertoLibre

legendary

Activity: 1890

Merit: 1003

Quote from: gmaxwell on September 30, 2013, 05:57:14 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! Cheesy

whisper

sr. member

Activity: 267

Merit: 250

Learn to go against your mind

Its nothing as I see avalon testing some terahashes in eligius in months and keep customers to wait and waste of ROI.

frankenmint

legendary

Activity: 1456

Merit: 1018

HoneybadgerOfMoney.com Weed4bitcoin.com

Quote from: gmaxwell on September 30, 2013, 05:57:14 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.

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? Huh

?

FUKT

sr. member

Activity: 446

Merit: 250

Quote from: gmaxwell on September 30, 2013, 05:57:14 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.

Are you serious? Cant tell if trolling the trolls or just retarded.

k9quaint

legendary

Activity: 1190

Merit: 1000

Quote from: gmaxwell on September 30, 2013, 05:57:14 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.

I think they did that as proof of existence of this:
http://www.youtube.com/watch?v=JFOcI8nK2xI

But yeah, they should stop. Grin

P.S. my mommas fat.

gmaxwell

staff

Activity: 4284

Merit: 8808

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.

Topic: KNC, 100% of their hashing is currently going into their own pocket. - page 8. (Read 10855 times)