Swedish ASIC miner company kncminer.com - page 1719.

sickpig

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Activity: 1260

Merit: 1008

Quote from: plasmoske on September 04, 2013, 05:04:24 AM

Quote from: sickpig on September 04, 2013, 04:56:47 AM

If he hadn't canceled his order he would have made a few bucks of profit, in case KnC will keep promises and really over deliver in terms of Hash power, let's say 450 GH/s.

The biggest flaw in his calculation is that he's a groupbuy customer - not an average customer. So it's kinda misleading when he runs around screaming "it's not profitable" when it really is for the average customer. Groupbuyers ALWAYS overpay.

And your few bucks, could possibly be in the thousands. Kinda hard to see the difficulty doubling every month... forever.

When I said a few bucks I was sarcastic Tongue

both because I did't really mean few bucks but a few hundread and because, as you said, exponential diff increase can't last forever

bbxx

hero member

Activity: 728

Merit: 500

cryptoshark

Quote from: sickpig on September 04, 2013, 04:56:47 AM

Quote from: plasmoske on September 04, 2013, 04:26:00 AM

Quote from: bbxx on September 04, 2013, 03:54:05 AM

http://mining.thegenesisblock.com/a/624b263dcf

that is real price for first september batch buyers from eu.

glad i have sold shares

http://mining.thegenesisblock.com/a/6dd76c6ce6

Mine looks good. The biggest problem with your calculation is you used BTC for price of hardware. 90 BTC.
Just want to know where you got 90 from? Because in-order to have paid 90 BTC, the exchange price would've had to been at $70. It hasn't been at $70 for quite some time now so... dumb or just starting shit? Roll Eyes

Oh wait you're that idiot who canceled their order because you're bad at maths and now you're in here now just to troll/spread fud because you're butthurt.

If he hadn't canceled his order he would have made a few bucks of profit, in case KnC will keep promises and really over deliver in terms of Hash power, let's say 450 GH/s.

why 450 GH/s?
real is 400 GH/s
please stop unicorn dreaming

http://mining.thegenesisblock.com/a/86741a2c2a

plasmoske

sr. member

Activity: 308

Merit: 251

The realist

Quote from: sickpig on September 04, 2013, 04:56:47 AM

If he hadn't canceled his order he would have made a few bucks of profit, in case KnC will keep promises and really over deliver in terms of Hash power, let's say 450 GH/s.

The biggest flaw in his calculation is that he's a groupbuy customer - not an average customer. So it's kinda misleading when he runs around screaming "it's not profitable" when it really is for the average customer. Groupbuyers ALWAYS overpay.

And your few bucks, could possibly be in the thousands. Kinda hard to see the difficulty doubling every month... forever.

Groupbuys are good for the people who don't want to risk the full amount or don't have the money available. The bad thing about groupbuys is that they're highly risky (the owner of the miner can just disappear and nothing you can do about it), you overpay for GH/s and have to pay some fees. They don't represent the average customer.

sickpig

legendary

Activity: 1260

Merit: 1008

Quote from: plasmoske on September 04, 2013, 04:26:00 AM

Quote from: bbxx on September 04, 2013, 03:54:05 AM

http://mining.thegenesisblock.com/a/624b263dcf

that is real price for first september batch buyers from eu.

glad i have sold shares

http://mining.thegenesisblock.com/a/6dd76c6ce6

Mine looks good. The biggest problem with your calculation is you used BTC for price of hardware. 90 BTC.
Just want to know where you got 90 from? Because in-order to have paid 90 BTC, the exchange price would've had to been at $70. It hasn't been at $70 for quite some time now so... dumb or just starting shit? Roll Eyes

Oh wait you're that idiot who canceled their order because you're bad at maths and now you're in here now just to troll/spread fud because you're butthurt.

If he hadn't canceled his order he would have made a few bucks of profit, in case KnC will keep promises and really over deliver in terms of Hash power, let's say 450 GH/s.

bbxx

hero member

Activity: 728

Merit: 500

cryptoshark

Quote from: Rampion on September 04, 2013, 04:40:36 AM

Quote from: plasmoske on September 04, 2013, 04:36:54 AM

Quote from: bbxx on September 04, 2013, 04:32:41 AM

Quote from: klee on September 04, 2013, 04:27:19 AM

Quote from: plasmoske on September 04, 2013, 04:26:00 AM

Quote from: bbxx on September 04, 2013, 03:54:05 AM

http://mining.thegenesisblock.com/a/624b263dcf

that is real price for first september batch buyers from eu.

glad i have sold shares

http://mining.thegenesisblock.com/a/6dd76c6ce6

Mine looks good. The biggest problem with your calculation is you used BTC for price of hardware. 90 BTC.
Just want to know where you got 90 from? Because in-order to have paid 90 BTC, the exchange price would've had to been at $70. It hasn't been at $70 for quite some time now so... dumb or just starting shit? Roll Eyes

Wasn't it around 70$ when he ordered?

no, 5 june 2013, 15:53
http://bitcoincharts.com/charts/mtgoxUSD#rg180zczsg2013-06-05zeg2013-06-05ztgSzm1g10zm2g25zv
120$/btc

add VAT 23%
add shipping

add fee

So...

7000 (miner) + 1610 (vat) + 150 (shipping + 50-100 (bitcoin fees?) = 8860 / $120 = 73.8BTC

Nowhere near 90 BTC.

Yep, 70ish BTC is also the figure I'm considering from the very first minute to calculate ROI. I paid in $$, but you know, the right way to calculate the return is to see if you at least recoup the same amount of coins you could have bought with your $$ when you placed the order. The miners are still profitable, but honestly is not looking very good. If they are only a couple of weeks late, it will be hard to reach break-even.

Do not forget that all those calculators consider 100% uptime, which never happens. Calculating 90% to 95% uptime is much more reasonable, I'd recommend to insert 360GH/s as hashrate for a 400GH/s unit in order to factor possible downtime.

Sorry i messed up.
miner was ordered 8.06.2013 with price 108$

7000 (miner) + 1610 (vat) + 150 (shipping + 50-100 (bitcoin fees?) = 8860 / $120 = 73.8BTC

Nowhere near 90 BTC.

7000 (miner) + 1610 (vat) + 150 shipping + 50-100 (bitcoin fees?) + 886$ 10% group buy fee = 9746$ / $108 = 90BTC

plasmoske

sr. member

Activity: 308

Merit: 251

The realist

Quote from: Rampion on September 04, 2013, 04:40:36 AM

Do not forget that all those calculators consider 100% uptime, which never happens. Calculating 90% to 95% uptime is much more reasonable, I'd recommend to insert 360GH/s as hashrate for a 400GH/s unit in order to factor possible downtime.

Agreed but 90% would be a bit extreme. 95-97% would be good numbers. There's also the possibility of KNC overdelivering - 500gh/s instead of 400gh/s??? Cheesy

Anything above 400gh/s and we will do really good.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: plasmoske on September 04, 2013, 04:36:54 AM

Quote from: bbxx on September 04, 2013, 04:32:41 AM

Quote from: klee on September 04, 2013, 04:27:19 AM

Quote from: plasmoske on September 04, 2013, 04:26:00 AM

Quote from: bbxx on September 04, 2013, 03:54:05 AM

http://mining.thegenesisblock.com/a/624b263dcf

that is real price for first september batch buyers from eu.

glad i have sold shares

http://mining.thegenesisblock.com/a/6dd76c6ce6

Mine looks good. The biggest problem with your calculation is you used BTC for price of hardware. 90 BTC.
Just want to know where you got 90 from? Because in-order to have paid 90 BTC, the exchange price would've had to been at $70. It hasn't been at $70 for quite some time now so... dumb or just starting shit? Roll Eyes

Wasn't it around 70$ when he ordered?

no, 5 june 2013, 15:53
http://bitcoincharts.com/charts/mtgoxUSD#rg180zczsg2013-06-05zeg2013-06-05ztgSzm1g10zm2g25zv
120$/btc

add VAT 23%
add shipping

add fee

So...

7000 (miner) + 1610 (vat) + 150 (shipping + 50-100 (bitcoin fees?) = 8860 / $120 = 73.8BTC

Nowhere near 90 BTC.

Yep, 70ish BTC is also the figure I'm considering from the very first minute to calculate ROI. I paid in $$, but you know, the right way to calculate the return is to see if you at least recoup the same amount of coins you could have bought with your $$ when you placed the order. The miners are still profitable, but honestly is not looking very good. If they are only a couple of weeks late, it will be hard to reach break-even.

Do not forget that all those calculators consider 100% uptime, which never happens. Calculating 90% to 95% uptime is much more reasonable, I'd recommend to insert 360GH/s as hashrate for a 400GH/s unit in order to factor possible downtime.

noodle73

member

Activity: 71

Merit: 10

Quote from: bbxx on September 04, 2013, 04:35:02 AM

Quote from: noodle73 on September 04, 2013, 04:33:26 AM

Oh that Genesis block calculator is just nuts. I get materially different results from it each week - down to more than just exchange rate changes. Perhaps they are mucking about with it. Besides, I think power consumed and likely output isn't accurate given what KNC have been saying recently

but you can mine altcoins

Well indeed...
I think you have to take them all with a pinch of salt and if you're jumping on board for the ride then you need to show some nerve too.

plasmoske

sr. member

Activity: 308

Merit: 251

The realist

Quote from: bbxx on September 04, 2013, 04:32:41 AM

Quote from: klee on September 04, 2013, 04:27:19 AM

Quote from: plasmoske on September 04, 2013, 04:26:00 AM

Quote from: bbxx on September 04, 2013, 03:54:05 AM

http://mining.thegenesisblock.com/a/624b263dcf

that is real price for first september batch buyers from eu.

glad i have sold shares

http://mining.thegenesisblock.com/a/6dd76c6ce6

Mine looks good. The biggest problem with your calculation is you used BTC for price of hardware. 90 BTC.
Just want to know where you got 90 from? Because in-order to have paid 90 BTC, the exchange price would've had to been at $70. It hasn't been at $70 for quite some time now so... dumb or just starting shit? Roll Eyes

Wasn't it around 70$ when he ordered?

no, 5 june 2013, 15:53
http://bitcoincharts.com/charts/mtgoxUSD#rg180zczsg2013-06-05zeg2013-06-05ztgSzm1g10zm2g25zv
120$/btc

add VAT 23%
add shipping

add fee

So...

7000 (miner) + 1610 (vat) + 150 (shipping) + 50-100 (bitcoin fees?) = 8860 / $120 = 73.8BTC

Nowhere near 90 BTC.

I just entered your numbers in (the correct non-fud numbers) and you definitely will ROI.

bbxx

hero member

Activity: 728

Merit: 500

cryptoshark

Quote from: noodle73 on September 04, 2013, 04:33:26 AM

Oh that Genesis block calculator is just nuts. I get materially different results from it each week - down to more than just exchange rate changes. Perhaps they are mucking about with it. Besides, I think power consumed and likely output isn't accurate given what KNC have been saying recently

but you can mine altcoins

noodle73

member

Activity: 71

Merit: 10

Oh that Genesis block calculator is just nuts. I get materially different results from it each week - down to more than just exchange rate and difficulty changes. Perhaps they are mucking about with it. Besides, I think power consumed and likely output isn't accurate given what KNC have been saying recently

bbxx

hero member

Activity: 728

Merit: 500

cryptoshark

Quote from: klee on September 04, 2013, 04:27:19 AM

Quote from: plasmoske on September 04, 2013, 04:26:00 AM

Quote from: bbxx on September 04, 2013, 03:54:05 AM

http://mining.thegenesisblock.com/a/624b263dcf

that is real price for first september batch buyers from eu.

glad i have sold shares

http://mining.thegenesisblock.com/a/6dd76c6ce6

Mine looks good. The biggest problem with your calculation is you used BTC for price of hardware. 90 BTC.
Just want to know where you got 90 from? Because in-order to have paid 90 BTC, the exchange price would've had to been at $70. It hasn't been at $70 for quite some time now so... dumb or just starting shit? Roll Eyes

Wasn't it around 70$ when he ordered?

no, 5 june 2013, 15:53
http://bitcoincharts.com/charts/mtgoxUSD#rg180zczsg2013-06-05zeg2013-06-05ztgSzm1g10zm2g25zv
120$/btc

add VAT 23%
add shipping

add fee

klee

legendary

Activity: 1498

Merit: 1000

Quote from: plasmoske on September 04, 2013, 04:26:00 AM

Quote from: bbxx on September 04, 2013, 03:54:05 AM

http://mining.thegenesisblock.com/a/624b263dcf

that is real price for first september batch buyers from eu.

glad i have sold shares

http://mining.thegenesisblock.com/a/6dd76c6ce6

Mine looks good. The biggest problem with your calculation is you used BTC for price of hardware. 90 BTC.
Just want to know where you got 90 from? Because in-order to have paid 90 BTC, the exchange price would've had to been at $70. It hasn't been at $70 for quite some time now so... dumb or just starting shit? Roll Eyes

Wasn't it around 70$ when he ordered?

plasmoske

sr. member

Activity: 308

Merit: 251

The realist

Quote from: bbxx on September 04, 2013, 03:54:05 AM

http://mining.thegenesisblock.com/a/624b263dcf

that is real price for first september batch buyers from eu.

glad i have sold shares

http://mining.thegenesisblock.com/a/6dd76c6ce6

Mine looks good. The biggest problem with your calculation is you used BTC for price of hardware. 90 BTC.
Just want to know where you got 90 from? Because in-order to have paid 90 BTC, the exchange price would've had to been at $70. It hasn't been at $70 for quite some time now so... dumb or just starting shit? Roll Eyes

Oh wait you're that idiot who canceled their order because you're bad at maths and now you're in here now just to troll/spread fud because you're butthurt.

demonmaestro

hero member

Activity: 574

Merit: 500

Mining for the hell of it.

Just give me my miner and i will be happy. Grin

Bitcoinorama

hero member

Activity: 532

Merit: 500

Quote from: demonmaestro on September 04, 2013, 03:51:14 AM

are you trying to start shit? Huh

No dude, sense of humour? Roll Eyes

bbxx

hero member

Activity: 728

Merit: 500

cryptoshark

Quote from: demonmaestro on September 04, 2013, 03:51:14 AM

are you trying to start shit? Huh

i will start another one

http://mining.thegenesisblock.com/a/624b263dcf

that is real price for first september batch buyers from eu.

glad i have sold shares

Code:

1. Przedmiotem oferty są udziały w mocy obliczeniowej koparki o wydajności co najmniej 350GH\s wyprodukowanej i dostarczonej przez KnCMiner w terminie wrzesień 2013.

2. Specyfikacja sprzętu wg producenta:
....

3. Wartość całościowa przedsięwzięcia:
[b]99BTC podzielone na 1,000 udziałów po 0.099BTC [/b] każdy oferujące udział w wysokości 0.1% w mocy obliczeniowej netto urządzenia tj. z pomniejszeniem kosztów operacyjnych oraz opłat za prąd. Ilość udziałów do nabycia wynosi 800.

demonmaestro

hero member

Activity: 574

Merit: 500

Mining for the hell of it.

are you trying to start shit? Huh

GreenDefender

sr. member

Activity: 271

Merit: 250

its an old message from 18 April 2013 http://www.orsoc.se/?p=508 BUT not 18th century manufacturing like BFL

ORSoC and KNCminer are partnering up to develop Bitcoin mining products.

ORSoC has started a partnership with KNCminer

Bitoin

KNCminer offering first class Bitcoin mining products with high performance.

In our partnership ORSoC will be responsible for product development, including design, production and testing.

Our technical expertise together with excellent vendor partnership we feel confident we quickly can design and produce an affordable high performance mining product.

More information about KNCminer available at www.kncminer.com

Questions regarding these products are handled by KNCminer.

kingcoin

sr. member

Activity: 262

Merit: 250

Quote from: kingcoin on September 04, 2013, 12:25:22 AM

Quote from: soy on September 03, 2013, 08:54:18 PM

Then one would telnet in, like with Putty, or SSH in and again like with Putty.

Did they specify that they will give users shell access at all? All I've seen is that they will give users web access to configure cgminer running on the embedded system. Are they using the OrSOC OpenRISC development board for this? Unfortunately all the links with more details at the OrSOC website http://www.orsoc.se/?p=127 are broken and return 404 - File or directory not found.

It's probably not the OpenRISC, but the ORSoC ARM SO-DIMM: http://www.orsoc.se/?p=495 (still all the links are broken) since KnC has talked about the SO-DIMM module in the past.

Topic: Swedish ASIC miner company kncminer.com - page 1719. (Read 3050068 times)