Topic: Swedish ASIC miner company kncminer.com - page 721. (Read 3050074 times)
So a commercial bitcoin farm will be like a mutual fund comprised of any number of assets. The addition or removal of miners from the farm will be like the mutual fund dropping or adding assets. In the case of mutual funds if the fund has to pay kickbacks to a major brokerage house (Edward Jones) in order to be listed among the offerings shown/sold to "Preferred" clients and in retribution the fund (The Hartford Fund) removes valuable assets from the fund, the Security Exchange Commission has demonstrated its ability to step in and require a compensation be paid to the ripped off Preferred clients holding the fund. Bitcoin has no SEC.
The problem with capitalism is that an economy can have too many capitalists. The same goes for bitcoin mining. The stock market fixed this for themselves with mutual funds for retirement rather than the older retirement plan method of selling the company's stock to the employee. It hurts to screw a former loyal employee so let them get their retirement in mutual funds. This change allows for a class of successful capitalists and a class of mutual fund holding capitalists - thus you can have at the same time a successful capitalist class and an unsuccessful capitalist class. Then the problem that an economy can have too many successful capitalists is solved. Bitcoin mining will evolve to big farms in cold climates. The mutual fund equivalent will be the sale of GHs of those farms but the farms owners will be making the good money.
There's got to be more to the decision to build and release or not to build more Jupiters than whether to keep KnC workers busy or the effect on Neptune sales. How often has the Sveriges Riksbank Prize in Economic Sciences been awarded to a Scandinavian? Often. The rise in bitcoin value this last year will be studied closely for its applicability to future well known profitable investments in general. KnC's production decisions will effect the ongoing evolution of economic theory. Just a thought.
Datacenters will not accommodate any device with an external PSU
external PSUs are on many SANs and some other things... you won't see a computer PSU but there are many rank mounted power units
Looking recently at dwindling returns, and although the return is less than what would have been after the attacks on Slush and Eligius the other night, but that not withstanding, the issue of increased difficulty and increasing network hashrate, the decline for a fixed hashing power is enough to make me wonder if it will continue so rapidly down that soon inefficient miners will stop paying their own way.
But the large degree that return will drop isn't effecting the sale of inefficient miners to noobs. They will keep their inefficient miners online come hell or high water because they've paid so much and the chance the mined pittance will become fabulously valuable one day - completely ignoring that buying the btc outright is the smarter move.
But the large degree that return will drop isn't effecting the sale of inefficient miners to noobs. They will keep their inefficient miners online come hell or high water because they've paid so much and the chance the mined pittance will become fabulously valuable one day - completely ignoring that buying the btc outright is the smarter move.
My October Jupiter hashes at 425Gh/s (has the Die0) issue. I've wasted so much time (and downtime) messing around with it I've given up.
Any Toronto-based Jupiter miners interested in some pocket scratch in exchange for coming in to get mine up to speed?
Any Toronto-based Jupiter miners interested in some pocket scratch in exchange for coming in to get mine up to speed?
After I did what it said in the post that was on KNC's website, my father's DIE came back alive and he's now hasing %100. Here is the link:
http://forum.kncminer.com/forum/main-category/main-forum/24988-0-99-tuning-suite-instructions-october-miners
Thanks! I tried messing with that a few times and it killed more dies. I'll give it another whirl!
Make sure you don't jump up voltage. Just increase it to the next one and then WAIT. Don't rush into it. After my dad changed his SPI to 2.40 he had to wait approx 5 minutes before the DIE came back alive. I think if you shock it too much with increasing it too quickly that won't help.
damnit knc, why did you have to remove ports 5 & 6 from the Nov Jups. 
Some of the Oct Jupiters were shipped with only 4 ports as well. Not really fair for those that planned to upgrade them.
$2 in parts, a little soldering skills....
No soldering skills here, but can you link me to the parts?
I solder. It is not a simple as it sounds. The odds are higher that you'll make your controller board non-functional than succeed in adding sockets - unless you are an experienced technician with a lot of soldering time. Get an old motherboard, remove a connector with .1" spacing between the pins even if it has many more pins than the socket you wish to add to the controller board. Try putting one of those sockets into the motherboard. You'll see it's more difficult than you expect. Anyone who would tell a novice to try such a thing to a controller board is looking to reduce the net hashrate by killing your machine.
Saying "I solder" is like saying "I Drive" you can be good at it or bad.
With a $10 desoldering pump and a decent iron this is (on a scale from 1 to 10, 10 being surface mount technology) a 3 at the worst.
Its 10 huge holes that need to be cleared and a socket installed.
If the thread weren't 1430 pages, I'd find the post with photos of a user who 'successfully' accomplished the feat.
I remember that photo, it was a scary job done by someone who did NOT know how to solder.
He didnt clear the holes first
I assume you're referring to this --> https://bitcointalksearch.org/topic/m.3665932
Oh lord yes that is the one!!!
Neptunes are still very much in the preliminary design phase.
a bit smelly to get this information just one day after the last batch sold out..
+1
Why is everyone surprised all of a sudden? I've been saying over the last few weeks these won't be around until at least late spring summertime. And that's even a light time line. Everyone was such on a KNC high drinking the cool-aid self diluting themselves they would believe anything. You guys really have to watch some marketing/sales videos. KNC took some sales tactics right out of some popular ones. Like announcing a sale for a very sought after product (knowing it would never come) then putting another one (at a much higher price) on for sale. This is like in the first volume on how to incur sales. It was very obvious to someone that wasn't drinking the cool-aid or wasn't on a money high.
KNC doesn't want to be in the power supply business so they will never accommodate a power supply in any of their rigs. They also don't want to deal with the RMA issues of power supplies either, since people blow them up all the time. They will design their Neptunes and all future rigs without space for power supplies. Why are people asking for a status on Neptunes? I'm guessing they are still in the design phase just on paper/computer right now and still making design changes. Did everyone forget the original "expected" delivery date was Q1/Q2? That's a 6 month window. That's the only thing that kept me from spending any bitcoin at all. It was horrible waiting 2 months for my Jupiter I couldn't possibly wait that long on something and then not know if it would even break even. The difficulty alone has taken my upgraded Saturn to 0.19 / day. And that drop was pretty quick. I never even saw .4, .3, or even .2. Right from .5 to .19. All I can say is good luck Neptune buyers, I wish you big time luck!
You're probably right. KnC is highly unlikely to include PSUs or space for them. Saying that all future rigs will be without space for PSUs is somewhat opposite of their implied goal to eventually sell to commercial customers only. Commercial customers are going to want the ability to use datacenters. Datacenters will not accommodate any device with an external PSU, liquid cooling, or that is not rack-mountable.
KNC doesn't want to be in the power supply business so they will never accommodate a power supply in any of their rigs. They also don't want to deal with the RMA issues of power supplies either, since people blow them up all the time. They will design their Neptunes and all future rigs without space for power supplies. Why are people asking for a status on Neptunes? I'm guessing they are still in the design phase just on paper/computer right now and still making design changes. Did everyone forget the original "expected" delivery date was Q1/Q2? That's a 6 month window. That's the only thing that kept me from spending any bitcoin at all. It was horrible waiting 2 months for my Jupiter I couldn't possibly wait that long on something and then not know if it would even break even. The difficulty alone has taken my upgraded Saturn to 0.19 / day. And that drop was pretty quick. I never even saw .4, .3, or even .2. Right from .5 to .19. All I can say is good luck Neptune buyers, I wish you big time luck!
As I said 30 times on this forum (because people just say what they want and this thread has gotten way out of control) there WILL NOT be any Jupiters for sale. The mention of selling Jupiters on December 14th in their newsletter, "So keep some coins handy as we expect them to go quick" was purely a marketing/sales pitch for their unexpected flash sale of Neptunes for a much higher price. And people came on here asking where are the Jupiters? Thinking they would actually go on sale and kept asking like they were hypnotized or something. It was so obvious once the Neptunes went on sale again. I guess if you believe something so much you just start to think it is true and no matter how obvious something is it doesn't matter what the reality is. And I just read obama/rama or whatever his name said no Jupiters because of a bottleneck issue? Huh? It's been over a month. 30 days. 730 hours. There was never going to be a Jupiter sale. People want them so bad because of that greed factor and when that takes a hold of you there just isn't anything else in the brain.
They never had any Jupiters ready to sell...they weren't made. So the logic in telling us, "So keep some coins handy as we expect them to go quick" just doesn't fit.
I apologize for writing this again, but it just baffles me to see people still asking where the Jupiters are.
They never had any Jupiters ready to sell...they weren't made. So the logic in telling us, "So keep some coins handy as we expect them to go quick" just doesn't fit.
I apologize for writing this again, but it just baffles me to see people still asking where the Jupiters are.
damnit knc, why did you have to remove ports 5 & 6 from the Nov Jups.
Some of the Oct Jupiters were shipped with only 4 ports as well. Not really fair for those that planned to upgrade them.
$2 in parts, a little soldering skills....
No soldering skills here, but can you link me to the parts?
I solder. It is not a simple as it sounds. The odds are higher that you'll make your controller board non-functional than succeed in adding sockets - unless you are an experienced technician with a lot of soldering time. Get an old motherboard, remove a connector with .1" spacing between the pins even if it has many more pins than the socket you wish to add to the controller board. Try putting one of those sockets into the motherboard. You'll see it's more difficult than you expect. Anyone who would tell a novice to try such a thing to a controller board is looking to reduce the net hashrate by killing your machine.
Saying "I solder" is like saying "I Drive" you can be good at it or bad.
With a $10 desoldering pump and a decent iron this is (on a scale from 1 to 10, 10 being surface mount technology) a 3 at the worst.
Its 10 huge holes that need to be cleared and a socket installed.
If the thread weren't 1430 pages, I'd find the post with photos of a user who 'successfully' accomplished the feat.
I remember that photo, it was a scary job done by someone who did NOT know how to solder.
He didnt clear the holes first
I assume you're referring to this --> https://bitcointalksearch.org/topic/m.3665932
Yep, that was me! Looking back, I can't believe that I got it working. That box is currently hashing at 1026GH/s though. Those who know me know that I'm a bit of a risk taker... and so is everyone else mining this newfangled magic internet money.
damnit knc, why did you have to remove ports 5 & 6 from the Nov Jups.
Some of the Oct Jupiters were shipped with only 4 ports as well. Not really fair for those that planned to upgrade them.
$2 in parts, a little soldering skills....
No soldering skills here, but can you link me to the parts?
I solder. It is not a simple as it sounds. The odds are higher that you'll make your controller board non-functional than succeed in adding sockets - unless you are an experienced technician with a lot of soldering time. Get an old motherboard, remove a connector with .1" spacing between the pins even if it has many more pins than the socket you wish to add to the controller board. Try putting one of those sockets into the motherboard. You'll see it's more difficult than you expect. Anyone who would tell a novice to try such a thing to a controller board is looking to reduce the net hashrate by killing your machine.
Saying "I solder" is like saying "I Drive" you can be good at it or bad.
With a $10 desoldering pump and a decent iron this is (on a scale from 1 to 10, 10 being surface mount technology) a 3 at the worst.
Its 10 huge holes that need to be cleared and a socket installed.
If the thread weren't 1430 pages, I'd find the post with photos of a user who 'successfully' accomplished the feat.
I remember that photo, it was a scary job done by someone who did NOT know how to solder.
He didnt clear the holes first
I assume you're referring to this --> https://bitcointalksearch.org/topic/m.3665932
For those with free ports left, the question is now where to get additional modules...
not all of the ports work even if you have 6.. I found one of my ports to throw an error if plugged into it.
as always, YMMV
If someone's really eager to lock in another KNC purchase...
I'd be willing to part with a Customer Appreciation Batch Neptune pre-order... For a small profit (I have 3) I do believe I have one that's the lowest known Neptune order... Likely to be the first. P.M. me if interested.
I'd be willing to part with a Customer Appreciation Batch Neptune pre-order... For a small profit (I have 3) I do believe I have one that's the lowest known Neptune order... Likely to be the first. P.M. me if interested.
I have an extra controller board given to me by a regular poster in this thread.
Let the bidding begins
How much do you think it is worth?
Let the bidding begins
How much do you think it is worth?
is this with beaglebone in it?
is it in working condition?
Yes, I am using it now with my Upgrade modules.
then you're not selling
damnit knc, why did you have to remove ports 5 & 6 from the Nov Jups.
Some of the Oct Jupiters were shipped with only 4 ports as well. Not really fair for those that planned to upgrade them.
$2 in parts, a little soldering skills....
No soldering skills here, but can you link me to the parts?
I solder. It is not a simple as it sounds. The odds are higher that you'll make your controller board non-functional than succeed in adding sockets - unless you are an experienced technician with a lot of soldering time. Get an old motherboard, remove a connector with .1" spacing between the pins even if it has many more pins than the socket you wish to add to the controller board. Try putting one of those sockets into the motherboard. You'll see it's more difficult than you expect. Anyone who would tell a novice to try such a thing to a controller board is looking to reduce the net hashrate by killing your machine.
Saying "I solder" is like saying "I Drive" you can be good at it or bad.
With a $10 desoldering pump and a decent iron this is (on a scale from 1 to 10, 10 being surface mount technology) a 3 at the worst.
Its 10 huge holes that need to be cleared and a socket installed.
If the thread weren't 1430 pages, I'd find the post with photos of a user who 'successfully' accomplished the feat.
I remember that photo, it was a scary job done by someone who did NOT know how to solder.
He didnt clear the holes first
If modules are only sold to those previous customers who purchased Mercs or Saturns and those customers are only sold a number of modules that when in addition to any previous modules they've purchase, will complete their machine to upgrade it to a Jupiter, no additional modules will appear on the market.
If modules are sold to all pre-existing customers, modules will immediately find their way to ebay, others will be added to Saturns and Mercs filling up the 4 positions, while even more will be sold to Jupiter owners upgrading to 6 or more modules. Of those trying to upgrade to more than 4 modules, some will destroy their controller boards. Of those with destroyed controller boards, most will send them back to KnC and ask for a replacement while agreeing that the replacement isn't under warranty because they mangled it and offering to pay. Others who destroy their controller boards will give up and offer the modules for auction, including the new ones they've obtained.
...but oh yes, controller boards aren't available. So, if you mangle a controller board you may have only the option to sell modules at auction.
damnit knc, why did you have to remove ports 5 & 6 from the Nov Jups.
Some of the Oct Jupiters were shipped with only 4 ports as well. Not really fair for those that planned to upgrade them.
$2 in parts, a little soldering skills....
No soldering skills here, but can you link me to the parts?
I solder. It is not a simple as it sounds. The odds are higher that you'll make your controller board non-functional than succeed in adding sockets - unless you are an experienced technician with a lot of soldering time. Get an old motherboard, remove a connector with .1" spacing between the pins even if it has many more pins than the socket you wish to add to the controller board. Try putting one of those sockets into the motherboard. You'll see it's more difficult than you expect. Anyone who would tell a novice to try such a thing to a controller board is looking to reduce the net hashrate by killing your machine.
Saying "I solder" is like saying "I Drive" you can be good at it or bad.
With a $10 desoldering pump and a decent iron this is (on a scale from 1 to 10, 10 being surface mount technology) a 3 at the worst.
Its 10 huge holes that need to be cleared and a socket installed.
If the thread weren't 1430 pages, I'd find the post with photos of a user who 'successfully' accomplished the feat.
I remember that photo, it was a scary job done by someone who did NOT know how to solder.
He didnt clear the holes first
damnit knc, why did you have to remove ports 5 & 6 from the Nov Jups.
Some of the Oct Jupiters were shipped with only 4 ports as well. Not really fair for those that planned to upgrade them.
$2 in parts, a little soldering skills....
No soldering skills here, but can you link me to the parts?
I solder. It is not a simple as it sounds. The odds are higher that you'll make your controller board non-functional than succeed in adding sockets - unless you are an experienced technician with a lot of soldering time. Get an old motherboard, remove a connector with .1" spacing between the pins even if it has many more pins than the socket you wish to add to the controller board. Try putting one of those sockets into the motherboard. You'll see it's more difficult than you expect. Anyone who would tell a novice to try such a thing to a controller board is looking to reduce the net hashrate by killing your machine.
Saying "I solder" is like saying "I Drive" you can be good at it or bad.
With a $10 desoldering pump and a decent iron this is (on a scale from 1 to 10, 10 being surface mount technology) a 3 at the worst.
Its 10 huge holes that need to be cleared and a socket installed.
If the thread weren't 1430 pages, I'd find the post with photos of a user who 'successfully' accomplished the feat.
Certainly is a way to make modules available while as it is....
damnit knc, why did you have to remove ports 5 & 6 from the Nov Jups.
Some of the Oct Jupiters were shipped with only 4 ports as well. Not really fair for those that planned to upgrade them.
$2 in parts, a little soldering skills....
No soldering skills here, but can you link me to the parts?
I solder. It is not a simple as it sounds. The odds are higher that you'll make your controller board non-functional than succeed in adding sockets - unless you are an experienced technician with a lot of soldering time. Get an old motherboard, remove a connector with .1" spacing between the pins even if it has many more pins than the socket you wish to add to the controller board. Try putting one of those sockets into the motherboard. You'll see it's more difficult than you expect. Anyone who would tell a novice to try such a thing to a controller board is looking to reduce the net hashrate by killing your machine.
Saying "I solder" is like saying "I Drive" you can be good at it or bad.
With a $10 desoldering pump and a decent iron this is (on a scale from 1 to 10, 10 being surface mount technology) a 3 at the worst.
Its 10 huge holes that need to be cleared and a socket installed.
Agree with Joeventura here. If you have never soldered anything before, dont practice on your controller board. Otherwise its not that bad. Those holes are big. I had to replace the power connector on my controller board, it took about 5 minutes including pulling the old pins out of the board.
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