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Topic: Swedish ASIC miner company kncminer.com - page 1645. (Read 3050068 times)

hero member
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September 18, 2013, 08:24:45 AM
sr. member
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The realist
September 18, 2013, 08:24:18 AM
And since KnC is supposedly delivering 2.5PH/s in 12 days, the difficulty change after that will be something like 200% ... that will make the recent 30%+ figures seem tiny
If it is 5PH/s then we could hit the limit of a 400% difficulty change in less than 20 days

Man I'd really like to see that happen. Will be massive news/shock to the bitcoin world especially the miners Cheesy

200% increase will make people shit bricks I tell ya
sr. member
Activity: 434
Merit: 250
September 18, 2013, 08:23:48 AM
5000*500 = ______

or there's this maths if you like

Quote
1,000,000+(5,000x250) = 2,250,000 GH/s
sr. member
Activity: 476
Merit: 250
September 18, 2013, 08:18:32 AM
And since KnC is supposedly delivering 2.5PH/s in 12 days

Source?

Try reading back, oh, all of about 10 messages or so...

Read 2 pages. Still can't get how he derived the "2.5PH/s"
legendary
Activity: 4634
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Linux since 1997 RedHat 4
September 18, 2013, 08:13:54 AM
And since KnC is supposedly delivering 2.5PH/s in 12 days

Source?
Tomato
legendary
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Linux since 1997 RedHat 4
September 18, 2013, 08:13:11 AM

Lets just hope they don't put 50% of the bitcoin network into a single data centre.
I'd wonder if the bitcoin devs would take action over that ...

Change algorithm to bring back fpga and gpu mining?
... shhhh don't tell them that Cheesy
sr. member
Activity: 476
Merit: 250
September 18, 2013, 08:11:43 AM
And since KnC is supposedly delivering 2.5PH/s in 12 days

Source?
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
September 18, 2013, 08:11:24 AM
No, block finding is random - that's why it rises and falls.

Any estimate using only a day of block data is pretty unreliable.
A week is usually pretty good.
member
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Updated ironic image.
September 18, 2013, 08:07:18 AM
If it is 5PH/s then we could hit the limit of a 400% difficulty change in less than 20 days

Whatever way you look at the numbers, it's going to be an interesting few weeks...

The thing I find interesting is the way the network hash rate rises then falls. The only explanation that jumps to my mind is BFL mining on it's stock and then doing a big delivery and the fall is the stock in transit. Just because I'm a conspiracy theorist doesn't mean I'm wrong  Smiley

I do feel sorry for all the BFL customers who haven't received their orders yet. Their ROI is going to horrific. All I can say is get a PayPal refund quick....
hero member
Activity: 602
Merit: 500
September 18, 2013, 08:04:13 AM
You do realise that the bitcoin rules do allow a difficulty jump on a single difficulty, to be up to 400% ... Smiley

Current difficulty hash rate = 800TH/s

If you think the network hash rate is 1000TH/s already then that immediately implies that the next difficulty jump will be 25% or more ... so not really slowing down much ...

And since KnC is supposedly delivering 2.5PH/s in 12 days, the difficulty change after that will be something like 200% ... that will make the recent 30%+ figures seem tiny
If it is 5PH/s then we could hit the limit of a 400% difficulty change in less than 20 days

Though that is all assuming they start delivering when they say they will and do deliver what they say they will ...

Lets just hope they don't put 50% of the bitcoin network into a single data centre.
I'd wonder if the bitcoin devs would take action over that ...

Dont worry, someone will ddos that location.
hero member
Activity: 964
Merit: 509
September 18, 2013, 08:01:45 AM

Lets just hope they don't put 50% of the bitcoin network into a single data centre.
I'd wonder if the bitcoin devs would take action over that ...

Change algorithm to bring back fpga and gpu mining?
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
September 18, 2013, 07:56:19 AM
if you have a paid order somewhere status of order is usually "Processing". within KNC order system it is only "Paid (Payed)". anybody here with the same experience?

yep, same here:

Order #9XX Paid (Payed)

thank you! so I'm not alone! Smiley
legendary
Activity: 1036
Merit: 1001
/dev/null
September 18, 2013, 07:55:25 AM
if you have a paid order somewhere status of order is usually "Processing". within KNC order system it is only "Paid (Payed)". anybody here with the same experience?

yep, same here:

Order #9XX Paid (Payed)
legendary
Activity: 4634
Merit: 1851
Linux since 1997 RedHat 4
September 18, 2013, 07:53:48 AM
You do realise that the bitcoin rules do allow a difficulty jump on a single difficulty, to be up to 400% ... Smiley

Current difficulty hash rate = 800TH/s

If you think the network hash rate is 1000TH/s already then that immediately implies that the next difficulty jump will be 25% or more ... so not really slowing down much ...

And since KnC is supposedly delivering 2.5PH/s in 12 days, the difficulty change after that will be something like 200% ... that will make the recent 30%+ figures seem tiny
If it is 5PH/s then we could hit the limit of a 400% difficulty change in less than 20 days

Though that is all assuming they start delivering when they say they will and do deliver what they say they will ...

Lets just hope they don't put 50% of the bitcoin network into a single data centre.
I'd wonder if the bitcoin devs would take action over that ...
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
September 18, 2013, 07:52:14 AM
if you have a paid order somewhere status of order is usually "Processing". within KNC order system it is only "Paid (Payed)". anybody here with the same experience?
hero member
Activity: 616
Merit: 500
September 18, 2013, 07:46:29 AM

Lol thanks

Arrrgh, and again!!!!

I've been waiting for many pages for that spot.. lol. Mental milestone.
Just trying to do some rough calculations on what the (increasingly likely looking) bulk KNC delivery will do to the total network hash rate and therefore difficulty. All figures are approximate  Smiley

Current network hash rate: 1,000,000 GH/s
Possible number of September/October orders: 5,000 (based on my August order number)
Predicted hash rate of Jupiter: 500 GH/s
Average hash rate of KNC products: 250GH/s (assuming even split between Jupiter/Saturn/Mercury)

Hash rate after KNC delivers September/October batch: 1,000,000+(5,000x250) = 2,250,000 GH/s

Which will do wonders for existing BFL products' ROI :-) In the interests of transparency, it would be a fantastic move if KNC were to release accurate figures of their order book's future effect on the hash rate, rather than my rather simplistic "guesstimates"...



I overheard that KNC was delivering ~5 PH the first batch. I guess we'll see!
member
Activity: 84
Merit: 10
Updated ironic image.
September 18, 2013, 07:41:39 AM
Just trying to do some rough calculations on what the (increasingly likely looking) bulk KNC delivery will do to the total network hash rate and therefore difficulty. All figures are approximate  Smiley

Current network hash rate: 1,000,000 GH/s
Possible number of September/October orders: 5,000 (based on my August order number)
Predicted hash rate of Jupiter: 500 GH/s
Average hash rate of KNC products: 250GH/s (assuming even split between Jupiter/Saturn/Mercury)

Hash rate after KNC delivers September/October batch: 1,000,000+(5,000x250) = 2,250,000 GH/s

Which will do wonders for existing BFL products' ROI :-) In the interests of transparency, it would be a fantastic move if KNC were to release accurate figures of their order book's future effect on the hash rate, rather than my rather simplistic "guesstimates"...

hero member
Activity: 574
Merit: 501
September 18, 2013, 07:38:18 AM
Even "this user is currently ignored" beat you out this time...
hero member
Activity: 532
Merit: 500
September 18, 2013, 07:37:30 AM
Arrrgh, and again!!!!
legendary
Activity: 1036
Merit: 1001
/dev/null
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