Author

Topic: Swedish ASIC miner company kncminer.com - page 1904. (Read 3049501 times)

hero member
Activity: 532
Merit: 500
Has anyone reached any IMPORTANT conclusion yet? Has anyone proven anything?

I am on page #42 (and still reading) but this will take much time to end this topic.

I am thinking of investing like $10K on their miners but I am a bit afraid.

Worth or not? Real and works as should be? Deliver on time?

Probably. Def real, don't know the rest, but have taped out.
legendary
Activity: 966
Merit: 1000
- - -Caveat Aleo- - -
According to below KNC is still the best option but Caveat Aleo (gambler beware):

http://decentralizedhashing.com/bitcoin-mining-equipment-table/

newbie
Activity: 12
Merit: 0
Has anyone reached any IMPORTANT conclusion yet? Has anyone proven anything?

I am on page #42 (and still reading) but this will take much time to end this topic.

I am thinking of investing like $10K on their miners but I am a bit afraid.

Worth or not? Real and works as should be? Deliver on time?
hero member
Activity: 490
Merit: 500
Would like to personally start up and run a highly connected p2pool for a while to see how well knc miners will be able to handle it.  If anyone is interested I'll start researching it more.

Shared txn fees sounds good to me. I'll give it a run, count one of my jupiters in.


I find if even 1 person speaks up there are several who can't/won't so I'll start looking into it.  If I do go for it, I'll post when it's up and running and likely I'll do it pre-expected KNC launch so that I can start working on boosting the difficulty of p2pool blocks some because I'd be afraid that would be the biggest killer of the massive hash rates that these can produce and that will take a little time to become stable.  I'll also investigate options that would allow me to operate it with 0% fee, I have some ideas but if anyone has suggestions please let me know :-)  (0% is at risk because I would need to buy reliable hosting that is suitable for p2pool but even with that in mind I'm very positive worse case scenario would have a very very competitive low fee, would imagine <= 1% if enough people join it)
hero member
Activity: 532
Merit: 500
Im not sure if its worth to buy a Mercury device ?

Why not? They all return at the same ratio.

No they obviously dont.

Mercury means higher price per GH.



Couple hundred bucks. It's barely a difference.

$200 per device, plus 2-4x shipping depending on what device you wish to mirror, plus your elec.

Is that more affordable than hosting?

Your device hosted presumably is fixed on site immediately if faulty so minimal downtime and no shipping costs going back and fourth.


Go on then, I have to ask. How do they immediately get them up and running? There is no way that can happen.
For example, mine will be sent next day delivery (what I paid for anyway) ...so unless they're hosting them at the factory they should get onsite about the same time, or later if they are efficient and send batches.
When mine arrives onsite it will be unboxed and I'll not stop until it]s hashing...there won't be 400 other machines sitting there awaiting my attention which is exactly what's going to happen at the other end with hosted machines. I won't go home for tea at 5pm and sort the rest out the next day either. Unless they have a hell of a lot of staff working 23/7 a lot of rigs will sit around a while waiting to be set up. IT's 1/1 human to rig when mine comes. When stuff breaks and no customer's there it rarely gets immediate attention in my experience, although it's going to be much easier and faster to get it back up hosted than offsite for sure.

Hosting is expensive, these machines will be old in 6 months...maybe not even earning their power bill. You have to consider what you'll do then. Assuming you probably have a next gen if all goes to KnC plan. Continue to pay hosting (for both)? Have it sent to you? Neither great options when it's not producing much. Scrap it? Ebay it? Set it to another task? Maybe another currency?

Nothing is as straightforward as it would appear. Always we need to make a best guess. Smiley



If it was me I would have a bank of machines in reserve and switch hashing in case a few fault at periods so customers have no down time. It's not like your machine needs a name and a special place reserved in the hosting facility. Especially with hosting that has a markup.
sr. member
Activity: 1176
Merit: 265
Im not sure if its worth to buy a Mercury device ?

Why not? They all return at the same ratio.

No they obviously dont.

Mercury means higher price per GH.



Couple hundred bucks. It's barely a difference.

$200 per device, plus 2-4x shipping depending on what device you wish to mirror, plus your elec.

Is that more affordable than hosting?

Your device hosted presumably is fixed on site immediately if faulty so minimal downtime and no shipping costs going back and fourth.


Go on then, I have to ask. How do they immediately get them up and running? There is no way that can happen.
For example, mine will be sent next day delivery (what I paid for anyway) ...so unless they're hosting them at the factory they should get onsite about the same time, or later if they are efficient and send batches.
When mine arrives onsite it will be unboxed and I'll not stop until it]s hashing...there won't be 400 other machines sitting there awaiting my attention which is exactly what's going to happen at the other end with hosted machines. I won't go home for tea at 5pm and sort the rest out the next day either. Unless they have a hell of a lot of staff working 23/7 a lot of rigs will sit around a while waiting to be set up. IT's 1/1 human to rig when mine comes. When stuff breaks and no customer's there it rarely gets immediate attention in my experience, although it's going to be much easier and faster to get it back up hosted than offsite for sure.

Hosting is expensive, these machines will be old in 6 months...maybe not even earning their power bill. You have to consider what you'll do then. Assuming you probably have a next gen if all goes to KnC plan. Continue to pay hosting (for both)? Have it sent to you? Neither great options when it's not producing much. Scrap it? Ebay it? Set it to another task? Maybe another currency?

Nothing is as straightforward as it would appear. Always we need to make a best guess. Smiley

hero member
Activity: 532
Merit: 500
Im not sure if its worth to buy a Mercury device ?

Why not? They all return at the same ratio.

No they obviously dont.

Mercury means higher price per GH.



Couple hundred bucks. It's barely a difference.

$200 per device, plus 2-4x shipping depending on what device you wish to mirror, plus your elec.

Is that more affordable than hosting?

Your device hosted presumably is fixed on site immediately if faulty so minimal downtime and no shipping costs going back and fourth.
sr. member
Activity: 280
Merit: 250
Hell?
Im not sure if its worth to buy a Mercury device ?

Why not? They all return at the same ratio.

No they obviously dont.

Mercury means higher price per GH.



Couple hundred bucks. It's barely a difference.
ImI
legendary
Activity: 1946
Merit: 1019
Im not sure if its worth to buy a Mercury device ?

Why not? They all return at the same ratio.

No they obviously dont.

Mercury means higher price per GH.

sr. member
Activity: 1176
Merit: 265
Im not sure if its worth to buy a Mercury device ?

Why not? They all return at the same ratio. The day a Jupiter breaks even they all will assuming all other factors are the same.

I was wondering the other way round. Is it worth buying larger machines?
You buy a Jupiter, one day it develops a fault..you have no miner.
You buy the same hash power split between 2 miners and you have a backup if one breaks...at minimal cost.
member
Activity: 82
Merit: 10
It says on the Byteminr site they have permission to host within the KnC pool, the fact the owner is Sam's bro certainly helps there;
http://www.byteminr.com/news/2013/7/23/announcing-support-of-the-kncminer-mining-pool

Ah, I should have read more into it before I posted.  Yes, nepotism does seem to have it's advantages.
 
member
Activity: 73
Merit: 10
Would like to personally start up and run a highly connected p2pool for a while to see how well knc miners will be able to handle it.  If anyone is interested I'll start researching it more.

Shared txn fees sounds good to me. I'll give it a run, count one of my jupiters in.
sr. member
Activity: 389
Merit: 250
If you host Jupiter with KNC
 KNC = 7000 +3600 = 10600

If you buy 400Ghs on Byteminr
16 * 1115 = 17840

Are 7000$ more.


I would also like to LAN settings, allow put more than 1 gateway. Where I will have 2 WAN. You can drop a WAN but the other works.
I do not want two Ethernet ports. In linux you can put more than +1 gateway. Software emulation
hero member
Activity: 490
Merit: 500

Any reason not to go with eclipses DGM pool at 0% rather than KNC's pool at 1.5%?
I'm guessing the latency difference would be below a few dozen milliseconds.
And, is latency much of an issue when using getblocktemplate?

Those with KNCminers coming, what pool's have you considered?


Would like to personally start up and run a highly connected p2pool for a while to see how well knc miners will be able to handle it.  If anyone is interested I'll start researching it more.
hero member
Activity: 552
Merit: 500

Any reason not to go with eclipses DGM pool at 0% rather than KNC's pool at 1.5%?
I'm guessing the latency difference would be below a few dozen milliseconds.
And, is latency much of an issue when using getblocktemplate?

Those with KNCminers coming, what pool's have you considered?


I will be mining at Eligius.st pool..
member
Activity: 73
Merit: 10

Any reason not to go with eclipses DGM pool at 0% rather than KNC's pool at 1.5%?
I'm guessing the latency difference would be below a few dozen milliseconds.
And, is latency much of an issue when using getblocktemplate?

Those with KNCminers coming, what pool's have you considered?
hero member
Activity: 532
Merit: 500
Will KNC allow individuals who purchased their hardware but are not utilizing the hosting service from byteminr to participate in their mining pool?  
If not, how come?  (ie.  is it a programming nightmare to only allow KNC machines to access the pool and reject other mining hardware?)

AFAIK:
  • KNC hosting is not the same as that third party vendor byteminr.
  • KNC has stated specifically that their mining pool is restricted to their own managed hosting.

It says on the Byteminr site they have permission to host within the KnC pool, the fact the owner is Sam's bro certainly helps there;

http://www.byteminr.com/news/2013/7/23/announcing-support-of-the-kncminer-mining-pool
hero member
Activity: 728
Merit: 500
Crypto-ideologist


Are you still having problems? I see someone registered about 5 times :-). Can you tell me what browser  / OS you're using? The forms are working fine right now.

Thanks

byteminr support
[email protected]

thx bytem, i sent u a pm  Smiley

[edit]

i tried now and it worked.
member
Activity: 82
Merit: 10
Will KNC allow individuals who purchased their hardware but are not utilizing the hosting service from byteminr to participate in their mining pool?  
If not, how come?  (ie.  is it a programming nightmare to only allow KNC machines to access the pool and reject other mining hardware?)

AFAIK:
  • KNC hosting is not the same as that third party vendor byteminr.
  • KNC has stated specifically that their mining pool is restricted to their own managed hosting.
full member
Activity: 253
Merit: 101
From my understanding the answer was no, you have to have your miners hosted with KnC to join the KnC pool.
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