Topic: Swedish ASIC miner company kncminer.com - page 772. (Read 3050073 times)

 
i have problem with tuning setting advanced
at my miner

i can put in at settings

the knc miner status at advaned setting tell me that

fetch advanced
configuration/status
failed


so i can not put in at advanced settings for fix the voltage of my miner
how i can fix that?

if you DON'T COUNT bfl shafting me 8k I'm 7k or so in on the oct Jupiter 556gh I have hashing....so knc wise got me out of the hole with bfl and then some ..35 coin by jan 1st from oct 18th mining on slush...I COULD cash out the 7k or even 15k of BTC and play with the remainder..but figure what the heck let it ride..(i was kinda bored before all this bitcoin stuff..not so much anymore heh) BFL was a shafting had nothing to do with BTC as a concept..so that is my take on all this....(I could change my mind) but for those with only 7k or so invested on juptier miner (in my boat) with KNC..in oct .and no other problems like BFL you are basically risking a decked out computer unit/bass boat/used motorcycle etc etc on the chance BTC will be used as a world wide transaction vehicle for sales of stuff etc...and btc price will not crash and likely go up...that is our bet in all this imho

it is 'speculation" don't spend what you can't lose... so to speak those 7k units from oct ..you could cash out..but then again.....it boils down to your risk/reward comfort level

but yeah future wise....any Jupiters that are released into the wild I'll have to think long on if I should get them...or just bet the Neptunes are out early as per KNC fashion say ...around 1st of april..but trying to guess ahead of time in all this is more then futile from what I've seen in all this stuff for the last 1/2 yr I've watched...

you can only judge this stuff as you go along....but ....I have a hard time believing  if  the present "postitive mostly" trends continue.....on how btc is being accepted...that it is all suddenly gonna blow up....so that is the bet most of us take ...get BTC while you can ...because if ebay/paypal decides to take this as a world wide method of exchange all "heck' is gonna break loose price rising imho ..so anyway price to possibility is what we are 'speculating on' imho

and if I'm wrong  well woulda/coulda bought a bass boat or 2nd car used (in my case pickup) ...what the heck.....showed some brass ones for once on a "speculative position"

but future miners ..yeah I'm in to 2 neptunes with my 2 other brothers...will I stick it out and not ask for a refund..only time/circumstances can tell on that

interesting times indeed!

by the by told some of my other friends what I've done so far...the consensus is I quote "you are stark raving mad" "cash out now I read about it ..its a scam" .....I fully expect to come home next week and see a full house/intervention to bend me from the cult if bitcoin (hey not kidding it is likely)

we will see (shoulda/coulda kept my mouth shut)..my bothers drank the Kool-Aid of bitcoin thou...of course if it don't work it will be back to the days of being duct taped to random objects...in my case...good to have symmetry in ones life...ah...will be back to my youthful childhood the smell of ductape and wedgies)

my 2c worth on this worthy if somewhat mad endeavor we are all involved in


Searing

You will receive once or somerimes twice pamants whatever you mine untill is triggered. To you as you mine more then 1 btc you wont get dust paymants.

Well that's precisely my point.  I'm not risking anything.  All of my new gear is purchased with mined BTC.  Ultimately I'd like to "mine and hold" someday.  But current ASIC development is just too exciting for me to stand on the sidelines and watch.

Well, this discussion is probably in 100 threads elsewhere on this forum but what I was saying is that you are most likely going up against people now that are not risking much of their own money on getting miners.

I understand what you are saying, but if you are not doing stuff like 0% loans, or other way more shadier things then you might want to just hold your coins.  It isn't as fun, and you might not sleep thinking it all will crash if you aren't glued to the exchanges but things were just mildly changing last fall but the stakes are rising this year.

There is no guarantee bitcoin price will fly up another 10fold just because more money is being stuffed into mining.. there is a saturation point and as I said, someone else may have a 20% cost basis getting their new miners which means they can sell bitcoins far less than someone playing the game squarely

also, lots of old coins can slowly be sold to keep the prices from flying too high as well.


good luck, but any Oct KNC miners should count their winnings and see if they fit into the new game being played

KNC won't get any crap from me about pricing for Jupiters.  I recently bought some Bitfury boards at the new inflated price and didn't complain one bit.  And I've warned people that I don't think KNC will be pricing "from stock" 28nm gear much lower than November price.

As for ROI, I have a different take on that.  My first few ASIC orders were with fiat.  And because of my mining profits, all new gear is bought only with mined bitcoins.  Yes, I'm aware that the exchange rate is responsible for my quick ROI.  But I'm convinced that my mined BTC will be worth even more in the coming months.

And no, I don't subscribe to the belief that it isn't real ROI unless I earn back the original BTC investment.  I don't currently use BTC for anything other than buying mining gear.  I pay all of my other expenses my with USD.  The Neptune I ordered may never earn back the 12 BTC that it cost me.  But I'm confident that the BTC that it generates will be worth way more than $10,000 in the near future.

And please don't lecture me about "buy and hold".  That doesn't excite me one bit and I'll never try it again.  I also lost a nice chunk of change trying to time the market.  Some of us just aren't comfortable playing that game and just plain ol' suck at it.  Besides, it's boring as f&@k!

To me, mining is fun and captivating.  What started as a fun hobby is quickly becoming an avocation.  Will I ultimately make some serious money?  Meh, I don't really care.  I'm just playing with "Monopoly money" now. 

Because if they don't sell it dirt cheap they will be called greedy bastards and if they do they will be mindlessly diluting everyone's hashing power
without making any profits for themselves.

Anyway, I don't think it matters anymore.. if you're not ready to do accounting acrobatics to knock cost-basis down to near nothing, then most likely don't buy more miners since you will be competing with those that will and thus drive up the prices without regard to old school ROI thinking.

I just started on GHash.io yesterday.  I think you just set the percentage for each wallet address.  I just have one wallet set to receive payments so you set the payout to 100%.  And then I think they just payout the entire total balance once per day.  You don't set a payout threshold like BitMinter or BTCGuild.

You also have to remember, the "growing hash-rate", is from power-sucking devices. This only adds "loss", which gets translated into "value", as higher demands per BTC-earned by "the big guys".

Fear nothing, as the hash-rate increases, your mini-earnings of fractional BTC, will be valued at a return on investment, greater than the day they were mined. You gain even more, if you mined them with less power than the big-guys. They are the majority who are adding the major "value", that us "individuals", were just not able to add to the market. If it was left to "us", BTC would still be about $20/BTC. Trust me, it would.

The fraction of BTC they are cashing-out, is for paying bills for "operating costs", and to get more funds to buy more miners. Those drops are not "drops of value", those are just "cash-outs". There is a big difference between those two types of "drops". Someone got good discounted BTC, relative to the price average. Those who cashed-out, took a loss, over the price average. It only takes longer to raise again, because those who got a discount, are selling for a gain, just under the last average price. Once those are gone, the price restores. Unlike a real "drop of value", where the price drops simply because no-one wants to sell for less and no-one wants to pay that much. At all these prices, BTC is selling by the thousands, every day. (Just not on Gox, but Gox is small cheese compared to the volume on Huobi exchange.) Every coin sold, someone purchased that... When no-one is purchasing, there is a problem with value.

Sorry, I forgot the quoting idiots rule! 

Personally, if I was trying to communicate with people in another language and they kept saying they didn't understand me at all, I'd find a better translator.

I wasn't making fun of him, sometimes his stuff is gibberish. Anyways, it feels like picking on a disabled person now, so on to another topic.

I don't have a problem spending coin or cash to get more miners, I think KNC should be selling tons of them to keep the market from shooting prices so high on second hand gear. If I was going to spend btc to buy miners, I would buy more btc at the same time. I really don't think people should keep having the impression that this is a game where people with little money can invest it and make tons of money. Those days have passed, and an equilibrium will be reached. It doesn't need to be out of reach to consumers, but the 10,000 x returns necessary for "get rich quick" aren't gonna happen now. Calling for any kind of controls on the free market, companies claiming to be protecting the market by not selling, it's all out the window.

KNC, open up the sales already! Just give me a warning before you do so I can get my order in early !

Yes we can. Y'all keep quoting him!

That being said (and this hurts) I kind of agree with Avenger on this one. Bitcointalk is a world wide community, and English is a difficult language. It's structure is a lot different from most languages, and it's rules are inconsistent.

If I understood what he was saying, I agree. One should buy with fiat as much as possible, as buying "gold" with "gold" is not necessarily going to make you a positive ROI. At least not in the short term.

there are nuances, of course, and at least in your case I know you're aware of that.
... I had more, but the vicodin the doc gave me took it from me

The statement is too general. All drugs are not created equal.

I'd guess Lysergic Acid Diethylamide.

Well I mine 1.13BTC a day currently, so I am OK at receiving 1 payment a day.
I could probably lower it, to something that is not considered dust.
0.1BTC too low?

I'll tell ya, my comfort threshold for $ is a lot less than 1BTC.

Anyone mining at Ghash.io?
I switched from Bitminter and the payout system looks different. At Bitminter you can set a threshold amount and when you reach it you get a payment. I set mine at 1BTC as I try to avoid dust (very small payments) payments).

But at Ghash.io you either have:
a manual payment with a 0.001 BTC fee, which I would rather avoid.
or auto payment with a 0.01 BTC threshold, which is considered dust.

But then it says:


So maybe it will not send me 0.01 every time, but once a day whatever amount I have mined?

The funnest thing I have seen on Kijiji lately are people trying to sell their pre-ordered Neptune's and tell everyone everyone they will make 2.6BTC a day once they receive their Neptune. After doing the math myself with the guestimate of difficulty at the end of Q1 and now the Neptune will not be able to make 2.6BTC a day at 3TH/s.

I would tell him good luck with that!

Wow, I hadn't seen ASICs on Amazon before. Here's a guy selling his Nov Jupiter for nearly $20k! I wonder if Amazon would be a safer place to sell than eBay.

Funny how in just a few short days the conversation went from..."If KNC shipped now, they'd break the NPS"....  to    "Where is our "NPS Hashpower""

But I'm not complaining!

I think we would be better protected if we were able to buy more miners with all these coins we have been getting from our earlier machines!