Topic: Swedish ASIC miner company kncminer.com - page 358. (Read 3050076 times)

so... if you want to put them in a rack ... which size would you choose?

https://bitcoinwisdom.com/bitcoin/difficulty

Very cool to see how KNC + Bitmaintech are deploying new hardware in past days. Haha there will be +30% difficulty jump.
At enterprise level bitcoing mining is way too profitable for this thing to stop. We will see +20PH deployed in weeks

What other business you get such a profits for few million $ investment.

check my calculation: https://bitcointalksearch.org/topic/m.7433025

you can get back 6-7 btc for each neptune.

If you received them this week.

I think around 6 btc each. By december it will be pretty much done.

Batch 2 will be less. Less

I find this amusing in a masohistic kind of way. Did they deliver Neptune to almost anyone (except a person or two)?
Also, there is a crazy mining race occurring, but the final demand for BTC is simply not there yet and the price stagnates.
All these megamines will mine themselves to a $100 bitcoin.

Hey guys/gals(if any), shipping of the Neppy's is nearing ever so closely..has anyone done the mining calculations? one of my friends has 4 Neppy's incoming batch 2(order #180XX), he is pretty upset now because after doing his mining calculations he told me he would be lucky to mine 30BTC by Dec 2014 with all 4 Neps hashing away, is this true ? can anyone elaborate with possibly some calculations from more seasoned mining veterans?

~Thanks

https://www.kncminer.com/userfiles/file/manual.pdf

reset it, then use root/admin

Damn that was quick!

They are bigger than BTCGuild for the past 24 hours: https://blockchain.info/pools?timespan=24hrs

Yeah, they must have a shitload one thosuand of their 20nm devices ready to deploy, as my guestimate is that more than half of their Neptune customers went for the refund.

They should be able to get around 15PH in one 10MW facility by now.

Don't think that's their only pool as anyone can point a miner to any other pool at any time.

they are very bussy to put all their new 20nm miners into the KNC DC. guess they will work during the weekend. time is their money.

KNC now bigger than Eligius, catching up to BTCGuild...

https://blockchain.info/pools

yep....due to me being only legal miner in usa due to getting caught up in bank wire xfer issues...i can get 25% back in equip depreciation over a few years due to me paying on my mining income (sucks don't p/o your bank) and even when i run the calcs it barely pays for me to pick up equip ..not worth the hassle....even in my case for you guys not in my situation really makes no sense....buy fiat..as one guy who drunk the 'bitcoin kool-aid said on here' ...anything below 1000 usd a btc is a deal..if not well BTC is likely doomed with equip difficulty rise etc....so pick your poisoin ..me only hobby bitcoin toys from now on and that is only because i have some 20% equip depreciation i can use over next couple years on the stuff i already have

again don't be me ....wait till regulations change in usa hopefully in 2015 and go 'by golly IRS look at all my bitcoin 2015 was a very good year" and move on from there if you have to imho

Searing (stupid bank)



I have a Titan I ordered like 2 weeks before KNC showed its true color (at least to me) and the IRS pulled the 2013 guidelines stunt and had issues with my bank on bungled wire xfers

so anyway sorry musta been me.....they saw my Titan order come in and decided enough had been sold of KNC product they could not show their 'true colors' and go to the dark side with BFL etc

so anyway I won't be ordering anything else from them ...I do suspect the Titan may be the last equipment they make and go simply to chips and their PH farm afterward..but that is just what I think

Searing

talking about naive miners and stupid shills.

I kinda dont feel sorry for him.

After the next difficulty change, the network hashrate will be ~130PH, so your estimate is way off. At this rate, the network hashrate may reach 200PH before the end of July.

Hi,

Bitcoin will reach around 800 usd end of this year maybe, next time to reach 1200 usd will be no time.

and hash power will reach 200PH by this October, just wait and see~~~

So if you still willing to mine or hold bitcoin, you better think about it.

actually no
as far as I understood elasticband who has met him a while ago, they fired him while still owing him several grands..

do yourself a favor and dont order anything from KnC.

for every miner ordered from greedy pigs, you will pay another 5 that go to their data center.

I hope that bitcoinrama received for his services on bitcointalk big check.

I think it's crazy to invest in new mining hardware now until we see the diff start to level out. If you must invest fiat right now, buy BTC directly and hold it until the mining picture becomes more clear.