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Topic: Swedish ASIC miner company kncminer.com - page 715. (Read 3050075 times)

sr. member
Activity: 486
Merit: 262
rm -rf stupidity
January 21, 2014, 01:12:09 PM
Same waiting for more people selling their Jupiters!
soy
legendary
Activity: 1428
Merit: 1013
January 21, 2014, 12:48:50 PM
...standing poised with btc onhand to buy Jupiters...standing poised...standing poised...standing poised...standing poised...
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
January 21, 2014, 12:43:22 PM
Has anyone done the math on 10,000-25,000 units @ 1TH? What's that equate to? lol

25000 @ 1TH = 3.5 billion difficulty

So if neptunes don't ship to june and cointerra ship 6 months of 5000 machines @ 2TH about 8.5 billion difficulty just from cointerra.

So if you include blackarrow, bitmine, bitmain, hashfast etc who knows 20 billion+ lol



Why are people using 1THs to compute Cointerra's contribution to the network hashrate?  The TerraMiners are supposed to be 2THs each.
sr. member
Activity: 462
Merit: 250
January 21, 2014, 11:15:49 AM

If the day ever come that amazon accepts btc...watch out Smiley

not so sure that would be good short term..  if you followed the overstock situation, coinbase turned it into a reverse layaway plan.  They dropped their instant buy from 10btc/week to 1btc/week so if you are trying to shop for anything over ~$80 you will have to wait 5-7 days to buy enough coins from coinbase...  but if you already have 400 coins and want to cash out into items, then that is a lot more selling pressure than buying.

hero member
Activity: 546
Merit: 500
Owner, Minersource.net
January 21, 2014, 11:09:53 AM


Actually Team DZ is now number 10 thank you very much Tongue


you are looking at the wrong list.  most shares all time was where i showed antminer as 10 and still 10

right now antminer left BTCGuild (which should really cement that it is one entity not a group of people just adding to a BTCGuild team like KNC's)

thoughts on that?

Well we are #11 on most shares... catching up quick.
And we are a registered company.. just like Bitmain. Not sure how that makes a difference.
hero member
Activity: 1316
Merit: 503
Someone is sitting in the shade today...
January 21, 2014, 11:09:29 AM
the major cause of price gap is still news-driven, which triggers demand, every price gap you can map it to a news release.  The difficulty increase affects btc price in a minor way, in that as it is more expensive to produce btc which gives btc a sense of higher worth, just like other commodities. But mainly it's news that drives btc.  

If the day ever come that amazon accepts btc...watch out Smiley
sr. member
Activity: 462
Merit: 250
January 21, 2014, 11:08:31 AM


Actually Team DZ is now number 10 thank you very much Tongue


you are looking at the wrong list.  most shares all time was where i showed antminer as 10 and still 10

right now antminer left BTCGuild (which should really cement that it is one entity not a group of people just adding to a BTCGuild team like KNC's)

thoughts on that?

PS..  now they are listed as only #12 at 22,766.00 GH/s so these may just be the customer side and some farm is bouncing around the large portion.

hero member
Activity: 546
Merit: 500
Owner, Minersource.net
January 21, 2014, 11:04:56 AM
from BTCGuild's Team Rankings...  lookie lookie now

 AntMiner 276,666.14 GH/s
 KNCMiner 231,286.76 GH/s
 Alydian 207,890.13 GH/s


and climbing up fast
Most Shares (All Time)
 
1 KNCMiner 239,569,077,869
2 Alydian 193,744,548,104
3 Team America 61,268,394,803
4 China 60,267,113,130
5 Attrrb 48,771,108,708
6 Canada 48,366,174,551
7 Germany 40,876,292,380
8 Team Holland 36,683,234,072
9 San Diego 31,105,662,958
10 AntMiner 31,028,184,580


Bitcoinorama i know that you said that you have problems sourcing controller boards and KnC already kept 2/3 (nothing shipped December and January) of their miner protection program, but please please sell previous Jupiter customers more Jupiters.

Actually Team DZ is now number 10 thank you very much Tongue
sr. member
Activity: 462
Merit: 250
January 21, 2014, 11:03:47 AM
it's hilarious to think that just because miners piss a hugely lopsided ratio into obtaining newly rewarded coins that all coins in circulation rises...

that doesn't drive the price up..  just drives up the pain for the late to the party miners





I wasn't saying they had a direct correlation, more just talking about advances in Bitcoin as a whole and that only the price wasn't following suit.



what do you think drives up the price?    price discovery for btc is a very mysterious concept.  The more you think about it, the less you know.

The utility is the same whether the price of btc is $1 or $100,000.
Roughly the same amount of coins are mined each hour so the cost of mining them just creates a construct on those coins and a watermark for cost of future mining
But there are so many coins that were obtained for fractions of a dollar. They have to exchange hands at higher prices to create a new cost basis to try to cement a new perceived value

Instead of the petrodollar, could btc one day be the kwattdollar?   Where electricity is set in btc?

If so, then btc can have its own ecosystem and then the price goes through the roof..  but without that, the price is just whatever the whales on the exchanges feel they can keep getting a constant bid on their churn



 
legendary
Activity: 1904
Merit: 1007
January 21, 2014, 10:54:50 AM
from BTCGuild's Team Rankings...  lookie lookie now

 AntMiner 276,666.14 GH/s
 KNCMiner 231,286.76 GH/s
 Alydian 207,890.13 GH/s


and climbing up fast
Most Shares (All Time)
 
1 KNCMiner 239,569,077,869
2 Alydian 193,744,548,104
3 Team America 61,268,394,803
4 China 60,267,113,130
5 Attrrb 48,771,108,708
6 Canada 48,366,174,551
7 Germany 40,876,292,380
8 Team Holland 36,683,234,072
9 San Diego 31,105,662,958
10 AntMiner 31,028,184,580


Bitcoinorama i know that you said that you have problems sourcing controller boards and KnC already kept 2/3 (nothing shipped December and January) of their miner protection program, but please please sell previous Jupiter customers more Jupiters.
member
Activity: 109
Merit: 10
January 21, 2014, 10:44:09 AM
Has anyone done the math on 10,000-25,000 units @ 1TH? What's that equate to? lol

25000 @ 1TH = 3.5 billion difficulty

So if neptunes don't ship to june and cointerra ship 6 months of 5000 machines @ 2TH about 8.5 billion difficulty just from cointerra.

So if you include blackarrow, bitmine, bitmain, hashfast etc who knows 20 billion+ lol



full member
Activity: 210
Merit: 100
January 21, 2014, 10:36:50 AM
it's hilarious to think that just because miners piss a hugely lopsided ratio into obtaining newly rewarded coins that the price of all coins in circulation rises...

that doesn't drive the price up..  just drives up the pain for the late to the party miners





Somehow I don't think you know how an economy works Smiley
hero member
Activity: 624
Merit: 502
January 21, 2014, 10:20:58 AM
it's hilarious to think that just because miners piss a hugely lopsided ratio into obtaining newly rewarded coins that all coins in circulation rises...

that doesn't drive the price up..  just drives up the pain for the late to the party miners





I wasn't saying they had a direct correlation, more just talking about advances in Bitcoin as a whole and that only the price wasn't following suit.

member
Activity: 109
Merit: 10
January 21, 2014, 10:16:32 AM
So if every cointerra batch is 5000 2TH miners each batch adds 1.4 billion difficulty? Yikes.
sr. member
Activity: 462
Merit: 250
January 21, 2014, 10:13:13 AM
it's hilarious to think that just because miners piss a hugely lopsided ratio into obtaining newly rewarded coins that the price of all coins in circulation rises...

that doesn't drive the price up..  just drives up the pain for the late to the party miners



hero member
Activity: 624
Merit: 502
January 21, 2014, 09:52:10 AM

I doubt home mining is going to be around by the end of the year, though Cointerra and KNC have both been up front about this. Everything in Bitcoin is evolving quickly at the moment, adoption is up, massive advances in mining, I just wish the price would follow suit. Here's hoping that once the China situation which seems to be hanging over everyone like a dark cloud is out of the way, we see the price improving.

I also think it's quickly going to turn into a 2 horse race.
hero member
Activity: 616
Merit: 500
January 21, 2014, 09:47:05 AM


Has anyone done the math on 10,000-25,000 units @ 1TH? What's that equate to? lol



why stop there..  since you are just using numbers of what they said they are capable of producing (regardless of sales) why not say 400,000 units in a month?


They were doing 5,000 round batches every month. They're sold out through May. That's not guesswork based on production capability. 5*4=20. I just added a few for the behind-the-door sales they did. Even 5,000 units @ 1TH is going to be a kick in the nuts, but the fact is, they've sold far more than that, and their plan is simple: The design works, so keep ordering supplies and keep shipping them.

By the time the Neptune ($10,000) hits in April or May, you could order more hash power for half the cost from Cointerra, and it should arrive the same time. Theirs will also include dual power supplies, which some folks here desire.

you could very well be correct....as much as i like to mine and KNC ...the refund on neptunes is an option to keep in mind...of course if cointerra continues to just flood market 5k units at a time lowering prices thru summer and fall..not to mention everyone else...well bitcoin will have to go up in price as difficulty rises or it won't be worth the elec to run miners or host or even gh farm (not that i know what i'm talking about ..but that is what comes to mind with me) ...if it is a run away flood of hash for the rest of the year that is....imho ebay acceptance and others making bitcoin going mainstream would probably help balance this out...but without that ...well.....don't want to scare my little self (clings to his imaginary 38 btc hoard and wimpers)

Searing


I love KNC's quality, their design, their team, etc. I really do. But in this market I have to remain open to simple facts. Price and Delivery Window is key for folks who want to mine without losing money. KNC did fairly well their first time around, I'd give them an A-. This time around, it's not looking so good for the average consumer miner. I have no doubt their machine will likely be able to pump out 4-6TH, but that exceeds the power capabilities of the consumer miner.

So for the non-consumer the Neptune will likely still be profitable.

Blackarrow is also a proven small-scale adversary to KNC. They have shipped good equipment this past year, and in the next month they're supposed to be shipping more large scale.

I believe 2014 will be a ramping-up year for BTC value and certainly ASIC shipment. Unless BTC value continues to rise, I don't see home-mining being something for BTC beyond 2015. Early projections of course, but that's just my take.

I wanted to invest in Cointerra, Blackarrow and KNC months ago, but didn't have the money. Now that I do, it's just a little late. I'll keep up my current efforts with the equipment I have.
copper member
Activity: 2898
Merit: 1465
Clueless!
January 21, 2014, 09:16:47 AM


Has anyone done the math on 10,000-25,000 units @ 1TH? What's that equate to? lol



why stop there..  since you are just using numbers of what they said they are capable of producing (regardless of sales) why not say 400,000 units in a month?


They were doing 5,000 round batches every month. They're sold out through May. That's not guesswork based on production capability. 5*4=20. I just added a few for the behind-the-door sales they did. Even 5,000 units @ 1TH is going to be a kick in the nuts, but the fact is, they've sold far more than that, and their plan is simple: The design works, so keep ordering supplies and keep shipping them.

By the time the Neptune ($10,000) hits in April or May, you could order more hash power for half the cost from Cointerra, and it should arrive the same time. Theirs will also include dual power supplies, which some folks here desire.

you could very well be correct....as much as i like to mine and KNC ...the refund on neptunes is an option to keep in mind...of course if cointerra continues to just flood market 5k units at a time lowering prices thru summer and fall..not to mention everyone else...well bitcoin will have to go up in price as difficulty rises or it won't be worth the elec to run miners or host or even gh farm (not that i know what i'm talking about ..but that is what comes to mind with me) ...if it is a run away flood of hash for the rest of the year that is....imho ebay acceptance and others making bitcoin going mainstream would probably help balance this out...but without that ...well.....don't want to scare my little self (clings to his imaginary 38 btc hoard and wimpers)

Searing
hero member
Activity: 616
Merit: 500
January 21, 2014, 09:06:08 AM


Has anyone done the math on 10,000-25,000 units @ 1TH? What's that equate to? lol



why stop there..  since you are just using numbers of what they said they are capable of producing (regardless of sales) why not say 400,000 units in a month?


They were doing 5,000 round batches every month. They're sold out through May. That's not guesswork based on production capability. 5*4=20. I just added a few for the behind-the-door sales they did. Even 5,000 units @ 1TH is going to be a kick in the nuts, but the fact is, they've sold far more than that, and their plan is simple: The design works, so keep ordering supplies and keep shipping them.

By the time the Neptune ($10,000) hits in April or May, you could order more hash power for half the cost from Cointerra, and it should arrive the same time. Theirs will also include dual power supplies, which some folks here desire.
sr. member
Activity: 462
Merit: 250
January 21, 2014, 08:58:57 AM


Has anyone done the math on 10,000-25,000 units @ 1TH? What's that equate to? lol



why stop there..  since you are just using numbers of what they said they are capable of producing (regardless of sales) why not say 400,000 units in a month?
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