Topic: Swedish ASIC miner company kncminer.com - page 1518. (Read 3050071 times)

   Hashrate Average   Weighted Shares
3 hours   471.52 Gh/s   1185664
22.5 minutes   467.09 Gh/s   146816
256 seconds   583.90 Gh/s   34803
128 seconds   559.10 Gh/s   16663

Does this mean the Saturn will have improved speeds also? I keep hearing about the Jupiter.

I was just looking at this one which may be very close to reality today @ 2.6% diff increase per day (1.026^30=116%/month):  http://www.coinish.com/calc/#
Mind you the diff rate itself is increasing...

It is a carrot on a stick. Those who are making the rigs are the ones making money. Mining is interesting but not terribly worth it at the current BTC value. If it ever jumps closer to 1,000 USD in the very near future then it would become interesting. May even be worth keeping the rig around.
 

So far we've only seen a prototype...  Bitfury still took a few weeks from the prototype boards to mass production boards, so I wouldn't be surprised if we didn't see en masse shipping for a little while.  It'll be interesting to see how fast KnC gets these out, I'm always dubious until I see people on the forum getting their products.

If they do begin shipping massive quantities immediately, I'm really curious if they'll pull an "Avalon" and crank the price of their devices once they realize demand is outstripping supply.

Mostly I'm happy to see competition -- because the customers will be the ones winning in the end once these companies start trying to murder each other in sales.

i think the bitbet is over dude....i lost too. lol

Just as long as they deliver some units so I can win my bitbet!

(Well, technically the bitbet doesn't say what timezone...)

Who cares what you want?  It doesn't matter what the error rate is, what matters is the overall hashrate.

+1

Lol@Laredo,but honestly KNC did a really good job and you can see by their communications and the fact they still accept credit cards and paypal,lol.I think they set the standard for how an ASIC company should act.

My prediction is that KNCminer are going to double the current net hash over the next few weeks depending on how fast the couriers are to get the boxes out to people. It will be interesting to see what the mining calculators have to say about that when it happens, bet they didn't see that coming. Then add to that what the other ASIC vendors ship, and October is going to be a crazy month.

One last thing to mention, and since the naysayers have to fall back to the "won't NOI" sour grapes position, it's sort of on topic here. 

That is, how bogus all the linear or constant-growth exponential calculators are, and why only a troll or fool would quote, let alone believe, those results.

There's a function used in mathematical biology modeling named the Gompertz function.  It's got a rich literature, and a pretty useful Wiki page. 

Basically, say you have a fixed food supply in a fixed space for a single-cell population.  The population will start to grow, at a faster and faster rate, reaching a maximum growth rate, and then, as food for any individual becomes relatively scarce with the increasing competition from growing population, growth slows and ultimately flatlines until there are changes in the external conditions, or mutations with the population that give a new strain a (temporary) competitive advantage.

If that doesn't sound like bitcoin mining to you, maybe you're in the wrong racket.

Somebody ought to produce a calculator that entails Gompertz parameter estimation (which are functions of power consumption, absolute hardware costs, etc.) to give people a chance to estimate the real economics, instead of calculations which have (I'm exaggerating here) more petahash on line in 2015 than there are gigawatts of electricity to power the network. 

I know, for a fact, that some exist.  Just not yet, it seems, in the public space.   

Could be a hundred Jally's that they bought on ebay with pre-order funds, too.

with this kind of info gathering, no wonder you have to bet on all horses... there was a lot of good intel going on in the early stages of KNC and to the victor, goes the spoils  

Yeah, funny how that 15% house take gives you back 0.85 for every 1.00 you bet.  There are successful pari-mutual methods, though.  See Epstein's Theory of Gambling and Statistical Logic (Academic Press) for references.

Could be tuning another unit.

And this is from the actual mining:

Really? I've seen plenty. Check this one out for instance.

This is from their twitter 4 hrs ago:

KNC Miner ‏@kncminer 4h
Jupiter speed now at 596

I guess?  I didn't step foot in this thread since months ago, since i knew literally nothing good would come of it, but now that they're shipping I thought i'd check in, and apparently people are saying the units have been bumped up in hashing power compared to what was listed when orders were placed months ago?

Don't take metaphors so literally