Topic: Swedish ASIC miner company kncminer.com - page 1847. (Read 3049501 times)

Solo mining?? with this difficulty? you're crazy man.

we are at 350Th/s
lets say by the time knc ships the network is 2.5x.

that's 875Th/s

so 400gh/s(jupiter)/875000gh/s(network)= .0457% chance you'll get a block.

not sure,  I am moving to btcguild only because I was in the darkages with deepbit for too long..  I would love to solo mine but doubt I have the balls for it

Hey, what are some Pools you guys would recommend I join?
I'm currently gpu mining at btcguild, but once I get my knc I wanna change pools for decentralization purposes.
I'm in the USA.
So far, bitparking and eclipsemc look pretty good.  

Thank fucking god it will spare us your incessant bitching.

way back when, when KNC was explaining themselves, they mentioned that they were surprised no one else did what they are doing now...  that is the main reason they have been pretty quite - and after plenty of researching, I ended up trusting them.  

If you don't have that level of trust, no proof besides shipping is going to convince anyone anyway.  

I hedged my bet with 0% interest credit cards..  and I actually get 1% cash back so I am up $150 at this point

do whatever you need to sleep at night, but these guys have their gameplan and they are sticking to it.   If they fail, we'll know in a month

My comprehension of the posts is this. The thought is that for KNC to ship in September, you know less than 30 days, they should have a prototype of pcbs, case, anything at least like bitfury does with thier boards.

And the spamming has begun. Thanks KnC.

While I personally find find Bitcoinorama's input really valuable (especially from the time when pre-orders had to be paid for) I also find the discussion around it quite fun to read (ironically, even more as all the parties involved seem to be so tense ). If not posts like this, we would go crazy only waiting for KnC to deliver and us constantly checking up the graphs and recalculating our ROI. This way, at least we have some entertainment in the meantime. The only issue is that we may only see our ticket prices for this show after it ends...

Please do not pollute the threads with personal matters (there are plenty of "contributors" already), I'm pretty sure most of us can find some individuals here that we don't agree with (or don't like). Should we turn every thread into a battleground? It takes effort to keep things civil on occasion and I am actually impressed by how cool Bitcoinorama seems to stay (what's your secret B? Lots of practice? Low blood pressure? )

Use PM's to settle your differences? Also, pointing out that "he started" as justification for continuing this really takes me back in time... I am fairly certain you're not 5/10/15 anymore, and no one cares "who started" anymore.

We enjoy healthy/constructive debates and interesting viewpoints not name-calling, and ridiculous arguments.

Just requested a Refund for my Early June order so Hopefully Knc is legit on their stated Refund Policy.

Thank you Bitcoinorama for educating me and setting me straight with the Wisdom that can only be Bitcoinorama...

Good luck to all you Noobs..

Difficulty by Sept 30 will be 200 million or more..  

I am making 2 BTC per month with my Lowly(long ago paid for) GPU miner mining Alt-Coins that are automatically exchanged for BTC..   And will be making this for the foreseeable future no matter what the BTC Difficulty does..    I like..  


  Bye Bye..

none of this thread makes any sense anymore..  if people are in love with bitfury, then on one hand you should go there and buy some yourself, and on other hand why are you trying to get more people to buy there?  What does anyone gain from encouraging anyone from buying more miners unless they are part of a company that is in need of more pre-sell upfront money or continue a Ponzi?

Or are we all in 3rd grade and live for 'I told you so' moments still?

I think people really don't understand that KNC is outsourcing just about everything and that is why they do not have a room full of parts to take pictures of.. and they aren't doing some little print shop business where you get early small samples to show and tell..  they are basically all in on pushing a work-or-bust gameplan..  if you don't like this gamble (as many of you twisting in your panties show you don't) then FUCKING LEAVE THE TABLE WITH YOUR CHIPS!!!!

One would hope so, but the past 290+ pages would lead one to believe that in fact, no, we can not.

Can we please stop polluting the thread with non-KNC junk.

You are a special something, aren't you 
So annoying.

Metabank is apparently having some supply problems but at least they post some pictures: 

https://metabank.ru/asic

The total network hash rate has nothing to do with how many blocks you will find or how likely you are to find one.  It's just you against the difficulty.  Each hash has the same chance of finding a block as any other hash.  To calculate how long it will take you to find a block, and therefore how much you will earn, use the formula [time = difficulty * 2^32 / hashrate].  The time is in seconds and we are talking about Hashes/s not GH/s.

This only works directly if you are solo mining.  Most people mine in pools, in which case, the pool has you submit hashes at a much easier difficulty just for the purposes of determining what rate you're hashing at.  Once they know what your hash rate is, they can use this formula to determine how much you should earn per second/minute/hour for your efforts based on the probability of finding a block at your hash rate.  Of course, pools have other calculations to prevent pool hopping but this is basically how you can guess at what you will make with your equipment.

This is the calculation:

Block Reward / (Difficulty*2^32) / (GH/1,000,000,000) * 60 Seconds = BTC Per Minute Per GH/s

25 / 218,228,744,511,017,000 / 0.000000001 * 60 = BTC Per Minute Per GH/s

So, at the current difficulty of 50,810,339 and a block reward of 25BTC you can expect to earn

~0.00000011455869416294 BTC per second per GH/s
~0.0000068735216497764 BTC per minute per GH/s
~0.000412411298986584 BTC per hour per GH/s
~0.00989787117567802 BTC per day per GH/s

not accounting for pool fees/pool luck/variance or other pool formulas.

I think we are all entitled to our own sentiment(opinion) at least in the county I am from we are..

Bitcoinorama started this fight with me for no damn good reason and I dont back down from anyone..  Especially someone like him..

I don't think that's the general sentiment here regarding Bitcoinorama at all, but you're obviously trying hard for the honor...

I agree with you.

Stop picking fights with each other, whats the purpose in pointing fingers at each other? Most of us are grown adults, I'm sure, to be able to afford these prices. So act like it.

It won't be too long till we all find out whats going to happen with our orders. I am hoping and preying that their statement of them being ahead of schedule is true, as time is crucial, along with the value of Bitcoins. If the difficulty keeps rising, I hope at least the price keeps inflating to adjust with profitability.