Topic: Swedish ASIC miner company kncminer.com - page 1312. (Read 3050075 times)

You mean, the rational part you, right? 

hmm.......the paranoid part of me is yelling "its a trap run" hmmm....(things are going too well.....too well I tell you....)

Searing

BITCOIN HASHING RATE IS GOING THROUGH THE ROOF....WOW

hmmm....I've not gotten a ups tracking on the order they have shipped 304x supposedly yesterday or email from knc...and I also have a Saturn 520x coming..i wonder if I should take a refund on that or not.....(prob not) but I've nothing on that possibility either ....just saying...need a consistent 200 buck plus exchange on BTC need a bravery shot

Searing

 

(I'm pretty sure, that this statement from KNC was one of the most important aspects during decision if preorder or not..)

Based on the missed 15th deadline, no tracking info and reading that others were offered refunds, I requested one and got this response:

"Your miner has indeed shipped and you should receive a tracking number via email today. We have offered refunds to customers who’s miners have not yet been fully produced or shipped due to the slight delay in shipping we will be over our stated shipping date of the 15th by a couple of days.
 
It is not possible for you to decline the delivery and request a refund. If you have any further questions please do not hesitate in contacting us."

Hmph.

lol luck doesnt help

Good luck - Shipped people in the 6000+ will have their units online before you

421x +  hosted. Double penetration. I guess the best thing I can do for my nerves is to check my knc status in two weeks from now..

Some hosted units still have issues...  I have one running at 540 and another running at 340.   KNC continues to say they are working on the issue so all we can do is wait.

No need to go point by point. Utilisation can mean anything you want it to. If more people start using Bitcoin and buying and selling more goods the number and sum value of transactions will increase. This sounds like a good definition to me :-)

You can create SatoshiDice examples which work the other way and use that prove your point if you want.

I don't have the tools to calculate the percentage of transactions which include a fee. Do you? I asked the very same question on the developer forum:

https://bitcointalksearch.org/topic/selectively-choosing-transactions-to-be-included-in-a-block-309793

Looking at a recent block, you can see people/machines have different ideas of a reasonable fee:

http://blockchain.info/block-index/426239/0000000000000004604489e4e1788c16479c60c37f55671ddca4cf2706915a95

Generally less than 0.0001 BTC by my eye-balling. Pool operators do whatever gets them the most miners. If they started advertising their mintxfee settings, then miners could make a decision about which pool to join based on that. I'd personally join a pool which encourages a higher fee than the status quo with the long term goal of raising fees.

Payment gateways generate transactions and can add a fee to a transaction, I think you misunderstand at which point the fee is added. as another example, some of the exchanges already charge their own withdrawal fees, but you can guess that they aren't adding a percentage of that to the transaction fee, which perhaps they should :-)

I think your two replies have been a little condescending. Better to discuss rather than attack.

339x paid July 7th, no mining activity, no shipping, no nothing, no surprise.

Well, let me repeat to you, in other words: increase/decrease in the volume of transactions is not directed correlated to wider utilization. There can 1000000 users doing 100 transactions per second, as there can be 100 users doing 1000000 transactions per second. Do you got it? So your claim is far from accurate. Wider utilizations can mean more or less transactions.


...and what percentage is that?


That will not happen. The tendency is pay less fees as possible.


That is happening, but it will find resistance to increase to a point where transactions fees are bigger than the block reward.


That have nothing to do with the transaction fees discussed since payment gateways are not "miners".

Sure about DHL Tracking Code? Thought they would send with UPS? Or are you a german customer like me? :-)

Silence is better than bullshit. Digest on that.

Diff adjusted to 267,731,249

No responses for two days now on email sent to customer service. Status changed to "Shipped" yesterday, but have no tracking information.  Order #26XX with pay date June 24. Frustrating.

There has been not a word about the compensation for the hosted units in TandC. They however compensated them. What about the other customers ? I do not mind being compensated in hardware.

I just received the DHL tracking number for my order (paid the 9th of July). My order status is still "In Progress". KnC definitely needs to improve their order process which trigger lots of customer questions...

Wider utilisation does mean more transactions, so it does effect the volume of transactions. The percentage of transactions which include a fee, if any, is determined by:

• Pool operators' willingness to changed their bitcoind settings to prioritise fee paying transactions.
• Wallet developers' UI designs coaxing users to pay a higher fee.
• Payment gateways (such as Bitpay) doing the same.

Satoshi predicted that transaction fees should inflate as the block reward diminishes. With the ridiculous costs facing us miner mugs, now seems like a good time for that to occur. Feel free to lobby your favourite pool operator :-)

https://bitcointalksearch.org/topic/transaction-fees-95837