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Showing 20 of 74 results by BitcoinApprentice
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Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 04/12/2013, 06:44:07 UTC
Plug one of these into your 30 amp electric dryer outlet.  Bam! Enough power to feed 2 Neptunes!

Do you want bitcoins or dry clothes?   Grin Wink

http://www.powerboxinc.com/7500_combo.html

heh thanks for the link....may have to do that but still want to know if a 100amp panel with NO central a/c load on the house and only a clothes dryer and stove 30amp (I can make the dryer gas if I have to) ok to do or not

1) elec code wise running 2 of these beasts off a 100 amp panel code wise

2) I have to live there don't want to wake up tyring to an elec fire (or not)

anyway thanks if anyone off hand knows something on this (would not to sound like a complete idiot when/if I talk to an electrician on concerns)

Searing
If you can change the dryer and stove to gas, piece of cake. Each of the 2 220volt ckts will run 1 Neptune.

But if it's a fairly modern house it's also easy to upgrade. You just buy a 200 amp main breaker. You need to make sure the line coming into the main meter box from the pole, and the short trip from the meter box to the main breaker can handle it.
Check the gauge i.e. 0000?, then internet gauge/current charts.

200amp boxes are usually larger because of the average number of outlets, but if you have a few unused slots in you 100A you can use them for your miner circuits.  If the existing box is full(or nearly), Then you can just add another 100A, 0r 50,etc sub panel.  It's easy but electrician's fees add up quick. Best to buy an electrician friend lunch and maybe a BTC tip. Or YOU do the work and let them check it out.
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 04/12/2013, 06:21:30 UTC
I had the option and opportunity to buy a pre-order 10K unit but my gut told me it won't be as lucrative as the Jupiter I have now. Because of the other companies putting out hardware (it's only a matter of time they will), and such a far time in the future KNC indicated shipping times. When a company says they will ship a product in Q1/Q2 that means they have no clue on when they are shipping anything. How can you NOT know when you will ship something within a three month time? If things are that messed up and have to add another 3 months to it then something is wrong.

I am jealous of people getting Jupiters now, I would have loved to grab a couple of those and to tell you the truth have no idea why I didn't order any. I guess my single upgraded Saturn hashing at 560Gh/s will stay on until it dies.


Hey, anyone in the US know how to compute what it cost approx to run this rig? It pulls 650 watts from the wall and I think is at 5-6 amps. I'm just trying to figure out what the electrical cost is. I'm in the Eastern US.


If you don't want to buy a standalone watt meter for the outlet, you can temporarily use the power company's meter. Shut off the whole house (every breaker but the miner), & make sure you have no other juice users on that circuit. Then go take readings before and after 1 hour via stopwatch. Do it 2 times or more for accuracy. The cheap outlet wattmeters are better/easier, though I'm not sure of their accuracy.
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 03/12/2013, 19:40:13 UTC
The biggest problem I'm seeing with KNC - why only the Neptune?  I won't lend my thoughts to the sales technique of giving previous customers a better price and more lead time than a normal Joe off the street, but w[here]tf are the more reasonable units in regards to power consumption?  There are a lot of folks who simply can't handle the type of power requirements that a Neptune needs, so while I could run a Saturn in every room of the house I rent due to an ingenious power arrangement, Neptune, even if my group wanted one, is just not possible.

Alright, I lied, so about the pricing...  So early adopters pay $10k, newbies $13k.  So they profit at least $3k per machine, of course a lot more since they wouldn't sell the first batch at-cost.  Meaning KNC is making a mint off of people, but it seems like they (along with others) have forgotten that there is a fucking gigantic market that is drying up for the hobbyist community of miners who want to be "in the game" but can't get a custom electric line placed into their location.  This is why Bitmain is selling every unit they produce in their "auctions" - you can't find something in the 100-400GH range readily available and people are jumping at the bit to get these things.  A reasonably priced batch of Saturn/Mercury type units would sell out no problem at this point since KNC is 'proven', but all their store shows is the Neptune.  

I don't know, seems to be a losing proposition since anyone who looks at KNC now that didn't previously order is likely in the "f this" camp and looking for a different vendor.

Take a look at this Phrase then imagine and relax!:
Our first offering  at 20nm is called Neptune following the naming convention from our 28nm range.

Seems there will other machines announces follow.  Kiss
The next step is OBVIOUSLY a 10Th/s machine.
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 03/12/2013, 19:36:46 UTC
Why is KNC not like Ticketmaster?    UUUuuuh....



One guy gets through, and hears a sexy swedish girl's voice...and you never get them off the phone!..

All they mentally see is this:
http://i.imgur.com/W8Wm4Jz.jpg

No wonder!
Ohhh, they have female reps?      Smiley  LOL
ps. I've never called, (email worked fine for me)
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 03/12/2013, 18:20:24 UTC
Who the hell got free boards or special treatment from KNC? And how and why did they get that treatment, freebies?



Also, some people are just passive and like to turn around and take it up the ass...that's just the way some people are, human, right?

[...]


Haters will be haters... Jealousy is retarded since someone getting freebies does not change *your* situation and Pheonix is in full disclosure so a big plus for that.
I got a free desert the other day when the restaurant screwed up. It was in Secret, so guess I better not disclose the terms of my failure-turned-success here. LOL.   While Phoenix's Customer Service win would be nice for KnC to duplicate, (since everyone tries to better their own situation) - you can be angry at your own Customer No-Service, but still be happy for where it's successful.  Kudos Phoenix, Que sara rest. 
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 03/12/2013, 17:23:40 UTC
I didn't want a phone call...a fucking email would have been nice though. 1st I heard was on this forum, hours after the things were sold. I bought a KNC machine mainly based on it's ability to be upgraded

I got an email.  Did you not sign up for their email newsletter?
Yeah, Emails were sent..got one here too.

ditto. i got one as well.

Same. I only knew because of the email. I'll give KNC that much.

But they didn't give any notice prior. They just opened up and immediately closed down.

i was pissed when they did this little notice thing with the upgrades too, but i kind of get it now. if they gave everyone a couple weeks notice and told everyone "order opens november 26th" the site would probably crash and cause a ton of issues, i guess they have to give little notice as to not flood the order system? does that make sense?
It would have crashed only if they are NOT tech savvy. There's not THAT many users that would hit all at once. Even 20,000 simultaneous orders is not that many. Ticketmaster can handle SPECIFIC time frames-- Why Couldn't KnC? The cost would be minimal for improved customer service. Though it IS a cost, I'll grant that.
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 03/12/2013, 16:45:18 UTC
People with their finances in order don't leave large amounts sitting doing fuck all when it should be earning interest or working for them no matter what that ignoramus just said.


most previous customers have mined more than 10BTC..  many well over that.   Many have kept their BTC in a wallet as BTC itself was 'working for them' or at least still $$ in an exchange so they can easily buy back BTC when need be.

On your other point, you really wanted them to basically call up everyone one by one on the modules?? how long would that take?  Everyone was already a bit mad that they waited to make a few more and ship all at once instead of just ship what they had right away.

3 days on the Neptunes showed that KNC priced it a bit better than the modules so they didn't short change themselves. If they were $8000 they would of sold out in 10 mins
If KnC were MY company ;  Since I had promised the Sep/Oct rigs were "modular" & "upgradable":
         I'd have sent all buyers of Mercs & Sats only, an email notice to buy any # of modules that would allow them to modularize up to Jups, for a 1 week period.
         Then, I'd keep a calculated amount for Rma's. 
         Next, since Jups are not company auth for >4 mods, I'd have combined the remaining into new Jups, and offer them as a bonus (non-warranteed) given away at lottery per each 20 Neptunes. Now THAT would have gotten a lot of good pr Buzz.(in spite of the haters)
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 03/12/2013, 14:52:59 UTC
Jupiter was clearly pushed out under too much pressure - let them a few weeks more time to tune batch 1 to its best  Cool
With hindsight 20/20, even with all the problems, take a poll how many here would rather KnC kept all their Sep/Oct Jups another 3 to 4 weeks before delivery, preventing, 1 coin per day production?  I'd have maybe bought a Nep or 2 if Delivery didn't have the /2Q.
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 03/12/2013, 06:03:00 UTC
Hey guys, since you have to re-wire your house for the Netptunes, why not just go out and buy a new home? BTC will still be up and you can even get an extra bedroom for all your mining needs.
If I had ordered Neptunes and had an apartment, that's exactly what I'd do, & if Q1 del. they'll pay the mortgage off. 
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 03/12/2013, 05:45:01 UTC
So what is everyones consensus on what optimal Hashrate is for a October Batch Module.

140Gh? 145? 150?  Whats the max folks have seen?

 
eligius says my two (knC Hosted) Jups are chugging out at about ~1350 avg/8 = 168.75     
but just had a 22 min rush of 1389/8 =173.625
I asked earlier if Oct Hosts were going to get tuned. guess so??? 
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 01/12/2013, 07:35:48 UTC
ordered 20 Neptunes...
Go big or go home motherfucker.....


And when do you expect to get them?

That q1/q2 thing is really killing me. A 6 months time-window seem a tad too much for me.
6months, I count 7 months. (+December), + Overuns= maybe 8 months out?  Personally I think it'll be a case of OVERdeliver, BUT still, we must take KnC's information into account.
Post
Topic
Board Pools
Re: [600Th] Eligius: ASIC, no registration, no fee CPPSRB BTC + 105% PPS NMC, 877 #
by
BitcoinApprentice
on 23/11/2013, 02:07:33 UTC
My unpaid balance is above my payout threshold, but there is nothing showing in the payout queue (totally blank)
What's going on???
Anyone else seeing the same thing?
I was a few seconds away and jumped to 8 blocks til payout. It does all arrive eventually it seems.
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 23/11/2013, 01:21:16 UTC
Getting a lot of dropouts, that I don't think are all Sweden tweaks, but overall Hrate is good for my 2 hosted Jups without the turbocharging & extra cylinders:

   Hashrate Average   Weighted Shares
12 hours           1,347.95 Gh/s   13558026
3 hours           1,389.56 Gh/s   3494144
22.5 minutes   1,380.50 Gh/s   433920
256 seconds   1,440.29 Gh/s   85848
128 seconds   1,423.14 Gh/s   42413
http://
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 22/11/2013, 23:42:37 UTC
I bought an Xbox One and a PlayStation 4 to commemorate the Bitcoin explosion by the way. And my One controller came exactly the same time as the board.

A bit off topic, but how is the Xbox One?
Isn't that the new xbox that has infrared to see through clothes, with facial recognition so it can send all your to MS/NSA?
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 21/11/2013, 15:51:09 UTC
Well, all of my boards have been stickered #1. I didn't even know there were other numbers. I guess that means orama was telling the truth when he said they don't mean anything. Sure has been the case with me anyway.

they wouldn't just randomly put a number 1 sticker on the board for no reason....

orama saying "no reason" means "i don't know"
Indeed, even if it's for lulz, a sticker in a manufacturing process, is put there, FOR A REASON!
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 20/11/2013, 15:15:20 UTC
Guess we shall see Mota...because I'm on an aggressive re-investment strategy....
Can you define "aggressive"?  What are your numbers?
CloudHashing is doing 30%.  Is That TooMuch/TooLittle/JustRight.  Presuming KnC Keeps the price about the same(or a bit lower) but improves HashThroughPut (HTP) with Gen2, 30% may be about right to be able to re-invest in a continuous manner. I haven't actually run numbers though.

I'm thinking that After 0% ROI (Payback) this might work:
10% Tithe
10% Off The Table, To Hard Assets
30% New Hardware Fund.
25% Hold
25% Play/Live?
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 20/11/2013, 15:03:26 UTC
@BitcoinOrama:

Is there any (officially) case KnC can not deliver Miners to customers due to Customs issues?

I notice that at least a guy from China and one from Russia can not get their miners due to Customs procedures. In my case, a customer from Vietnam, I am also afraid about Customs issues related. Can KnC offer a hosting service for us now?

I appreciate if you could help me out of this issue.

Thanks!

PS: I'm sorry other users for my English and concerns on this matter.

It's only been Russia and China and we've created some work abounds since.

Almost all entered Russia, except those that wouldn't except our latter work around, they were refunded. The majority of Chinese customers were fine, some were held. KnCMiner.cn was a re-seller that offered a unique resolution.

Hosting is the obvious option for those guys if they are worried.

I'll buy & host their cancelled Jupiters when they arrive back at your shop!   Grin
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 20/11/2013, 14:43:59 UTC
I trust in knc, Roll Eyes

it is an AB / stock company, when can we first day customers
buy shares.

I think it is time, too talk about this.

Could this be the reward announcement planned for those of us who were with them in preorders before they even had a design?
"Today, KnCMiner announced plans for an ipo with all those who ordered hardware on faith, receiving 1 share per each GigaHash purchased. : Grin"
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 20/11/2013, 02:00:07 UTC
On the fedex/ups talks, I use both regularly. UPS never fails me for normal deliveries or even 2nd-day or same day air. FedEx next day and same day air is also good.

However, normal ground deliveries? FedEx blows.

I know it's not a consolation, but I ordered a curtain rod last week and used FedEx. The shipment came from one state, passed by my house, went to another state, went back past my state, and then got left in a fedex courier facility where it's sat for 4 days.

They're still trying to assess the issue.

The issue was I used FedEx.
A couple years ago, I went into a fedex office to check pricing for a package to xyz, since I was in their neighborhood.

They handed me a triplicate form with a gazillion lines on it and told me to fill it out.  ER, you can't give me a price quote until I take 20 minutes out of my life?Huh  Goodbye & good riddens. Haven't been back since.

What a great business model, the CEO must've gone to a govt funded university.  WOW/// 
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
BitcoinApprentice
on 18/11/2013, 15:31:56 UTC
25,000+ first batch units on a mostly automated assembly line.
25,000?  Shocked

Is that a guesstimate or based on anything official?

I can't cite my source but I can say it's reliable to say that their order queue for first batch is near their maximum capacity for production. They had an order blog up at some point (not sure if they still do), but there were some huge orders on there, saw some single orders for more than 100 units.

My KNC order prediction was very much on point, as has our difficulty estimate related to orders coming online, the past few times.

Like I said about 500 pages back, when KNC comes online (as they have) difficulty is going to skyrocket, and keep doing so, and when Cointerra (and Hashfest if they ever do) comes online, it's going to cause eyes to pop.

Their 2nd batch is already sold out too i think, and they're almost full on their 3rd. They're using a mostly-automated production line, several of them.

They're the "KNC of America" as I've said before, except they've taken an even more hands-off approach. Chip design they handled, overall product design they handled, they outsourced everything else: Power, Cooling, Assembly, Shipment, etc.
I don't doubt. I imagine US miners much prefer to deal with a US company - much easier shipping and suing!  Grin

Kinda explains why knc sold their stock of rma boards - they know they are going to be useless in a month or two, why keep them on hand? Turn them into cash now. Who is going to rma a board when it'll then be the mining equivalent of a 5870 gpu in a few months?

They will sell any miners left after the pre-orders are out the door. If no one wants them at that price, they'll sell them at reduced price to shift them. They've already added a clause saying that they will continue to sell through Dec, Jan etc if other companies add lots of to the hash power to the network (which is what is happening). They aren't going to hold on to equipment that will be redundant and no one wants in 4 months time.

I wouldn't be surprised if they retire and get out of the game after that. They are obviously gamblers, but they aren't stupid. It looks like their gamble will pay off, but probably not for their customers who gave them the free loan of millions (pre-orders).

I'd still be right about the last part if BTC had stayed at $120. But now it's quadrupled, everyone feels they are going to break even by doing fiat calculations. But if you paid 70BTC for a jup, if you got your order after the difficulty change on 16th October, you'll never see anywhere near 70BTC back mining with it. So anybody who thinks in btc see's they lost buying from knc.

So I wonder if the fire-sale of boards was an indication they are planning to clean up and clear out? They might have one more go with a multi TH/s miner, but would they risk losing everything if they f it all up?

http://persephonemagazine.com/wp-content/uploads/2013/01/gw-itcrowdmosspopcorn.gif

It's definitely good to plot BOTH the fiat Breakeven and the BTC breakeven.  I've passed fiat B/E, BTC will take a little longer. Smiley