Swedish ASIC miner company kncminer.com - page 1306.

btc_uzr

sr. member

Activity: 476

Merit: 250

let's have some fun

Quote from: Paladin69 on October 16, 2013, 02:49:21 PM

(...)

The faster they ship, the worse it just gets anyway. It's clearly a no-win scenario now.

550GH/s = 1BTC a month @ diff 8.600M (= 62PH/s)
and below 1W per GH/s

so long term looks way better than though when placing the order

and when you consider cointerrra's best offer right now it means:
62PH/s => 62*(500*2TH/s@$6.000)= $372.000.000 for hardware
until we reach the point of electricity costs in some areas for running KnC devices from first gen

Quote from: Paladin69 on October 16, 2013, 02:55:57 PM

Quote from: Mota on October 16, 2013, 02:53:48 PM

My magic eightball tells me to put my tinfoil hat on and sit the next few months out. I see my orders as heating machines. I have to heat with electricity either way... Just a little more expensive Wink

Just remember you could have bought twice the amount of BTC if you look back and this plays out.

buying BTC was, as far as I know, in the hole history of BTC always the better choice
and for sure it consumes a fraction of time, no electricity bill, no replacement parts, no noise, no fires, you can hide it easily, you can sell it in no time

so if one is in this game for profit *only*: why the hell does he *mine* coins ??

timmmers

sr. member

Activity: 1176

Merit: 265

I don't know about nothing else adding to the hashrate after KnC in Nov. Just read that cointerra outfits news and they seem to think they may be shipping a huge amount in December. If they will or not, who knows?

The joys of buying from a company that tells you they are producing 350 units a day yet a rig can manage to stay "in progress" for a day eh? I'd love to see how that is explained. 12 hours / 350 isn't more than minutes. Can't they bear to part with their babies because they are so proud? Cheesy

donch

member

Activity: 84

Merit: 10

Updated ironic image.

Quote from: Bitcoinorama on October 16, 2013, 03:09:14 PM

Quote from: donch on October 16, 2013, 03:07:06 PM

Quote from: Bitcoinorama on October 16, 2013, 02:49:05 PM

Dude the hashrate is about to level out for a bit not, continue growing like this for a while. This has been the first shipment of a major die shrink. If anything it shows the genesis block was way off base all along, as I previously stated. This will be a huge step up over a couple of weeks and then there won't be anything in such a huge multiple in one go on to make such a marked effect on the hashrate again for sometime. More a plateau You certainly won't see a doubling of the current hashrate as it stands after the KnC delivery for a while yet, even during their November shipment. If they were to ship anywhere near what they shipped just now, it'll increase the current hashrate by a proportion, not a multiple due to the cumulative effect of this wave.

You can only really prove that statement by stating exactly what the size of the orderbook (in TH/s) is for October and November delivery.

Which I don't have access to, but seeing as the deliveries are by and large reflected in the hashrate it's out there anyway.

Not trolling, but that statement is reminiscent of something Josh would say :-)

600watt

legendary

Activity: 2338

Merit: 2106

guys chill all out. today something un - be - lieve - able happened.

a real game changer !

hold your breath...

today bfl send me an email telling my 60 Gh machine has is on its way towards me.

it hit me like a hammer. Grin

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: donch on October 16, 2013, 03:07:06 PM

Quote from: Bitcoinorama on October 16, 2013, 02:49:05 PM

Dude the hashrate is about to level out for a bit not, continue growing like this for a while. This has been the first shipment of a major die shrink. If anything it shows the genesis block was way off base all along, as I previously stated. This will be a huge step up over a couple of weeks and then there won't be anything in such a huge multiple in one go on to make such a marked effect on the hashrate again for sometime. More a plateau You certainly won't see a doubling of the current hashrate as it stands after the KnC delivery for a while yet, even during their November shipment. If they were to ship anywhere near what they shipped just now, it'll increase the current hashrate by a proportion, not a multiple due to the cumulative effect of this wave.

You can only really prove that statement by stating exactly what the size of the orderbook (in TH/s) is for October and November delivery.

Which I don't have access to, but seeing as the deliveries are by and large reflected in the hashrate it's out there anyway.

madsusies

sr. member

Activity: 428

Merit: 250

BitcoinEvo [$XBTE]

demonmaestro

hero member

Activity: 574

Merit: 500

Mining for the hell of it.

Mine now says: Order #6xxx In progress (Payed)

We shall see for how long.

donch

member

Activity: 84

Merit: 10

Updated ironic image.

Quote from: Bitcoinorama on October 16, 2013, 02:49:05 PM

Dude the hashrate is about to level out for a bit not, continue growing like this for a while. This has been the first shipment of a major die shrink. If anything it shows the genesis block was way off base all along, as I previously stated. This will be a huge step up over a couple of weeks and then there won't be anything in such a huge multiple in one go on to make such a marked effect on the hashrate again for sometime. More a plateau You certainly won't see a doubling of the current hashrate as it stands after the KnC delivery for a while yet, even during their November shipment. If they were to ship anywhere near what they shipped just now, it'll increase the current hashrate by a proportion, not a multiple due to the cumulative effect of this wave.

You can only really prove that statement by stating exactly what the size of the orderbook (in TH/s) is for October and November delivery.

spiccioli

legendary

Activity: 1379

Merit: 1003

nec sine labore

Quote from: spiccioli on October 16, 2013, 02:59:31 PM

Quote from: cognoscente on October 16, 2013, 02:07:39 PM

339x paid July 7 Jupiter DHL to Texas

Nice, this confirms my idea that their hosting offer is a FRAUD, plain and simple.

If they were able to ship your unit, where is mine that I paid on June 12th?

Those who paid more are served later than those who paid less, go figure!

spiccioli

ps. obviously their customer care is not able to answer this simple question and keeps repeating that they're doing their best... 'Orama, what do your new friends tell you about this clusterfuck that is the hosting solution?

BTW, I've requested a full refund of my Jupiter unit and of hosting's costs, I don't want to have anything more to share with them.

spiccioli

spiccioli

legendary

Activity: 1379

Merit: 1003

nec sine labore

Quote from: cognoscente on October 16, 2013, 02:07:39 PM

339x paid July 7 Jupiter DHL to Texas

Nice, this confirms my idea that their hosting offer is a ~~FRAUD~~ edit: see here , plain and simple.

If they were able to ship your unit, where is mine that I paid on June 12th?

Those who paid more are served later than those who paid less, go figure!

spiccioli

ps. obviously their customer care is not able to answer this simple question and keeps repeating that they're doing their best... 'Orama, what do your new friends tell you about this clusterfuck that is the hosting solution?

Paladin69

hero member

Activity: 784

Merit: 1000

Quote from: Mota on October 16, 2013, 02:53:48 PM

My magic eightball tells me to put my tinfoil hat on and sit the next few months out. I see my orders as heating machines. I have to heat with electricity either way... Just a little more expensive Wink

Just remember you could have bought twice the amount of BTC if you look back and this plays out.

Mogumodz

sr. member

Activity: 290

Merit: 250

Got my tracking Number today, looks like DHL for us - Paid July 11th for people wondering.

Wooohooo

Mota

legendary

Activity: 804

Merit: 1002

My magic eightball tells me to put my tinfoil hat on and sit the next few months out. I see my orders as heating machines. I have to heat with electricity either way... Just a little more expensive Wink

Paladin69

hero member

Activity: 784

Merit: 1000

Quote from: Bitcoinorama on October 16, 2013, 02:49:05 PM

Quote from: Paladin69 on October 16, 2013, 02:43:31 PM

Wow the genesisblock calculator updated. Very grim...mining equipment will be lucky to make half of their value back.

http://mining.thegenesisblock.com/

I think those who deny this will be very disappointed. You aren't really competing against each other anymore hoping your neighbor drops out. China is ramping up for their own large scale corporate farms. http://feedproxy.google.com/~r/TheGenesisBlock/~3/W0-SZClMliA/

I see no reason to believe this won't keep expanding by small amounts of very wealthy people despite the average person bailing out. You'll get far more BTC for your $ if just buying direct now.

Dude the hashrate is about to level out for a bit not, continue growing like this for a while. This has been the first shipment of a major die shrink. If anything it shows the genesis block was way off base all along, as I previously stated. This will be a huge step up over a couple of weeks and then there won't be anything in such a huge multiple in one go on to make such a marked effect on the hashrate again for sometime. You certainly won't see a doubling of the current hashrate as it stands after the KnC delivery for a while yet.

Be careful of the advice you are giving from here on out if you don't want a major backlash. This is bordering on financial advice since hashrate is so exclusively tied to it. The article discusses BTCGarden and large cloud farms coming online. It isn't just about companies like KnC and HashFast selling to people anymore. A bigger picture is at play now. It is old money getting involved. There is no reason to believe this will let up.

The Avenger

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Activity: 798

Merit: 1000

Quote from: Paladin69 on October 16, 2013, 02:49:21 PM

Quote from: The Avenger on October 16, 2013, 02:46:56 PM

Quote from: Paladin69 on October 16, 2013, 02:43:31 PM

Wow the genesisblock calculator updated. Very grim...mining equipment will be lucky to make half of their value back.

http://mining.thegenesisblock.com/

I think those who deny this will be very disappointed. You aren't really competing against each other anymore hoping your neighbor drops out. China is ramping up for their own large scale corporate farms. http://feedproxy.google.com/~r/TheGenesisBlock/~3/W0-SZClMliA/

I see no reason to believe this won't keep expanding by small amounts of very wealthy people despite the average person bailing out. You'll get far more BTC for your $ if just buying direct now.

Hence the need for speed! Interesting article, but not fun reading at all.

The faster they ship, the worse it just gets anyway. It's clearly a no-win scenario now.

The sooner everything ships, the sooner that line will stop being vertical. It's giving me vertigo when I look at it right now...

Paladin69

hero member

Activity: 784

Merit: 1000

Quote from: The Avenger on October 16, 2013, 02:46:56 PM

Quote from: Paladin69 on October 16, 2013, 02:43:31 PM

Wow the genesisblock calculator updated. Very grim...mining equipment will be lucky to make half of their value back.

http://mining.thegenesisblock.com/

I think those who deny this will be very disappointed. You aren't really competing against each other anymore hoping your neighbor drops out. China is ramping up for their own large scale corporate farms. http://feedproxy.google.com/~r/TheGenesisBlock/~3/W0-SZClMliA/

I see no reason to believe this won't keep expanding by small amounts of very wealthy people despite the average person bailing out. You'll get far more BTC for your $ if just buying direct now.

Hence the need for speed! Interesting article, but not fun reading at all.

The faster they ship, the worse it just gets anyway. It's clearly a no-win scenario now.

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: Paladin69 on October 16, 2013, 02:43:31 PM

Wow the genesisblock calculator updated. Very grim...mining equipment will be lucky to make half of their value back.

http://mining.thegenesisblock.com/

I think those who deny this will be very disappointed. You aren't really competing against each other anymore hoping your neighbor drops out. China is ramping up for their own large scale corporate farms. http://feedproxy.google.com/~r/TheGenesisBlock/~3/W0-SZClMliA/

I see no reason to believe this won't keep expanding by small amounts of very wealthy people despite the average person bailing out. You'll get far more BTC for your $ if just buying direct now.

Dude the hashrate is about to level out for a bit not, continue growing like this for a while. This has been the first shipment of a major die shrink. If anything it shows the genesis block was way off base all along, as I previously stated. This will be a huge step up over a couple of weeks and then there won't be anything in such a huge multiple in one go on to make such a marked effect on the hashrate again for sometime. More a plateau You certainly won't see a doubling of the current hashrate as it stands after the KnC delivery for a while yet, even during their November shipment. If they were to ship anywhere near what they shipped just now, it'll increase the current hashrate by a proportion, not a multiple due to the cumulative effect of this wave.

The Avenger

hero member

Activity: 798

Merit: 1000

Quote from: Paladin69 on October 16, 2013, 02:43:31 PM

Wow the genesisblock calculator updated. Very grim...mining equipment will be lucky to make half of their value back.

http://mining.thegenesisblock.com/

I think those who deny this will be very disappointed. You aren't really competing against each other anymore hoping your neighbor drops out. China is ramping up for their own large scale corporate farms. http://feedproxy.google.com/~r/TheGenesisBlock/~3/W0-SZClMliA/

I see no reason to believe this won't keep expanding by small amounts of very wealthy people despite the average person bailing out. You'll get far more BTC for your $ if just buying direct now.

Hence the need for speed! Interesting article, but not fun reading at all.

Paladin69

hero member

Activity: 784

Merit: 1000

Wow the genesisblock calculator updated. Very grim...mining equipment will be lucky to make half of their value back.

http://mining.thegenesisblock.com/

I think those who deny this will be very disappointed. You aren't really competing against each other anymore hoping your neighbor drops out. China is ramping up for their own large scale corporate farms.
http://thegenesisblock.com/bitcoin-network-doubles-2-phs-four-weeks-first-1-phs-took-4-7-years/

I see no reason to believe this won't keep expanding by small amounts of very wealthy people despite the average person bailing out. You'll get far more BTC for your $ if just buying direct now.

Phoenix1969

legendary

Activity: 938

Merit: 1000

LIR DEV

Quote from: frankenmint on October 16, 2013, 02:29:49 PM

Quote from: Phoenix1969 on October 16, 2013, 02:25:58 PM

wow, since UPS moved the delivery day back a day, thats 2nd day, from stockholm, to Volcano, Hawaii... That just amazes the hell out of me.

are you still talking about old orders that have since been delivered or stuff that is in transit right now? I'm trying to figure out here if they simply decided to ship en masse using dhl and if that is the case, did they simply not issue tracking to individual customers yet(or will they for that matter).

I had 3 orders, one I got 5 days ago, the other two are in transit:

My guess would be that they decided to use DHL on those orders delivered outside UPS carrier areas, so there isn't a carrier hand-off, like what happened to my Aussie Friend; his arrived in Sidney on the second day, but was handed off to an outside carrier, which took another 4 days, just going to Toowoomba
(he also got slapped with a 10% VAT)

Topic: Swedish ASIC miner company kncminer.com - page 1306. (Read 3050075 times)