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Showing 20 of 34 results by HjerterEss
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
HjerterEss
on 22/02/2015, 00:41:22 UTC
How can people be so easily fooled?

You have a company that does a pre sale for a hashing device that promise great income and wealth for their customers.
Customers flock in by thousands, and pay the company many thousand dollars each to be part of this gold mine rush.
Company use all these people`s money to buy their own chips from TSMC and system builders to make these hashing devices.
In time the company sits with hashing power that are able to create many million dollars.
WHY DELIVER THESE TO THE PEOPLE AND END THE MONEY RAIN?
No, they make up silly excuses to upgrade the manufacturing to 20nm node. On a ASIC chip that doesnt use much energy in 28nm, and basically giving up the hashing race where time is crucial to get most money out of a given growing difficulty.

How does this even makes any sense in your head people? If it walks like a duck, quacks like a duck....
They made money for themselves out of YOUR money. "Testing", 20nm, manufacturing difficulties, etc, were all excuses to post pone the ending of the cash train.

THINK people.
Post
Topic
Board Hardware
Re: Who all has received Jalapenos?
by
HjerterEss
on 06/05/2013, 20:54:11 UTC
I plan to order a couple of Bitforce 5 units. In the home page it says 2 months to receive them. Is this for real?

DO
NOT
ORDER
FROM
THEM

Post
Topic
Board Hardware
Re: [Announcement] Block Erupter USB
by
HjerterEss
on 04/05/2013, 22:35:32 UTC
2BTC for 300MH is still too much, even for the average geek who are not expected to be too deep into mining... 2BTC is 200 bucks for a tiny 300mh unit.

Its about the same price/performance as 7970.
1 * 7970 $400 = 700MH
2 * Block Erupter $ 440 = 700MH

Now think about a miner with 4 * 7970. It consumes over 1000W. You need 8 * Block Erupter to reach the same speed, but the power consumption is way under 1/10. Same goes for power consumption and heat...
Post
Topic
Board Hardware
Re: Solar Mining
by
HjerterEss
on 29/04/2013, 23:08:54 UTC
You can make a system that is off grid, that produce normal electricity, that control itself automatically.

Its based on 2 big solar panels, one inverter (12V DC to 110V/230V AC), fuel generator which is started automatically by the inverter if the load is too high for it to deliver to help produce enough electricity or when the battery level is low. You also get these HUGE Royal batteries with many thousand Ah. So even if you don`t get sun where you are, you can live of the fuel generator (which is cheap electricity) in the winter days when the sun is not so strong in the northern hemisphere.
In the south you can connect this system to the grid and sell the electricity you don`t use and make money.

I sell this stuff. Kinda genious.
Post
Topic
Board Hardware
Re: ASICMINER: Erupter Blades. Review, comments, photos, and discussion!
by
HjerterEss
on 29/04/2013, 23:00:36 UTC
Its silly how much people pay for the Erupter Blades. I don`t support their practice of auctioning everything out either since they know demand is skyhigh. They don`t do it to help people make a good deal since it can never be a good deal. They do it to earn the most money on each Blade.

55 BTC for one Blade is just too much. Thats $7800 in todays price. It will take people about 3 months to just come out even. With BFL shipping units each day, with the many DYI Avalon projects out, its a really big risk.

First, ASICMINER is a business. It is their goal to make money. They aren't twisting our arms for BTC. I trust that soon they will sell their blades at a fixed price. For now they are just trying to acquire as much profit as possible.

Second, the blades are expensive but it is a gamble. I am gambling that I will make more BTC with this blade than I could by ordering from BFL or Avalon. In reality I will likely order from both companies once their shipping times become predictable.

Well I dont care that they are a business. I don`t support their methods. Their actions is created to make a buzz, not to mention high price. They are actually shipping out the blades, I give them that though.

For 8000 USD you could purchase 20 * 7970s, have a hashrate of 15GH/s (4GH/s more than Blades), have the possibility to resell them after you are done with them. Or shift to Litecoins.
With Erupter Blades you are kinda stuck since they can`t be used for Litecoins. Its all or nothing
Post
Topic
Board Hardware
Re: BFL delivered as promised! Now on Bitmit: Butterfly Labs Mini Rig SC's 1500 GH/s
by
HjerterEss
on 29/04/2013, 22:42:29 UTC
I bet OP is the seller  Grin
Post
Topic
Board Hardware
Re: BFL delivered as promised! Now on Bitmit: Butterfly Labs Mini Rig SC's 1500 GH/s
by
HjerterEss
on 29/04/2013, 22:34:58 UTC
"The miner should ship by the end of May, but it might take more time"

Haven`t we heard that one before?  Cheesy
Post
Topic
Board Hardware
Re: Received BFL Jalapeño Today!
by
HjerterEss
on 29/04/2013, 22:14:45 UTC
I don't see how BFL stopped him from buying 23 BTC at any time, can you please post where BFL forbids people from purchasing BTC once they purchase one of our products, which are sold for USD (Not BTC)?

You can't?  Oh, then your argument is fallacious.  Nice try at rationalizing a false premise, though.  Well, actually, no it's not.  It's pretty sophomoric and elementary.
The trolls have shifted their stance from "BFL has never shipped" to people could have done X with their pre-payment money.
 
In the real world people can wait for many months for a house to be built with a deposit much larger than the cost of a BFL device, and they are perfectly happy with that, as long as the builder doesn't go bust and they get their house in the end.

see:
Hindsight my friend. BTC could have went to zero too. this is a weak argument.
The value and income of bitcoin mining devices is tied to the value of bitcoin. Unlike gpus, ASIC can't be resold for other purposes. Therefore, by buying a BFL ASIC, he was still at the whim of BTC prices.

when you're buying a mining device, you're essentially paying now to get bitcoins later.
Spot on!

In this case BFL failed to deliver on time. Hence, you lost the opportunity to mine several (thousand) Bitcoins [and counting] if they had shipped when they were scheduled to ship.

They can`t ship them out until they have mined enough money for themselves with the boards. "Testing units" according to them  Roll Eyes
Post
Topic
Board Hardware
Re: ASICMINER: Erupter Blades. Review, comments, photos, and discussion!
by
HjerterEss
on 29/04/2013, 22:08:41 UTC
Its silly how much people pay for the Erupter Blades. I don`t support their practice of auctioning everything out either since they know demand is skyhigh. They don`t do it to help people make a good deal since it can never be a good deal. They do it to earn the most money on each Blade.

55 BTC for one Blade is just too much. Thats $7800 in todays price. It will take people about 3 months to just come out even. With BFL shipping units each day, with the many DYI Avalon projects out, its a really big risk.
Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: Ready to buy an ASIC miner... do they really EXIST?
by
HjerterEss
on 29/04/2013, 22:01:10 UTC
I just recently made this ASIC info page: http://minr.info/

Great information there. Good job  Wink
Post
Topic
Board CPU/GPU Bitcoin mining hardware
Re: Ready to buy an ASIC miner... do they really EXIST?
by
HjerterEss
on 29/04/2013, 21:56:52 UTC
They just aren't pulling in much at the current difficult compared to electricity costs.

You answered your own question then - if your cards are losing money you either have to speculate on ASICs or pack it in. If you want definite delivery, see:
http://www.ebay.com/itm/221220586726

sheer stupidity

Lol yeah for that money your approaching the cost of a GPU system that would have at least some resale value.  If they get to the point of shipping 30,50,100+GH/s systems regularly the jalapeno is going to be worthless.

Not to mention you can mine with Litecoins when Bitcoin is dead for GPU miners  Roll Eyes
Post
Topic
Board Hardware
Re: Klondike - 16 chip ASIC Open Source Board - Preliminary
by
HjerterEss
on 29/04/2013, 21:52:13 UTC
Is it possible to order both Avalon chips and PCB Board from you?
Post
Topic
Board Hardware
Re: Ultra-Low-Cost DIY FPGA Miner - 175MH/s @ $1/MH
by
HjerterEss
on 28/04/2013, 21:27:35 UTC
How is $5000 for 5GH/s "Ultra Low Cost"? Thats horrendrous expensive
Post
Topic
Board Services
Re: Hashrack.com - Hashpacks the easy way to mine bitcoins! from 0.5Gh/s to 50Gh/s
by
HjerterEss
on 28/04/2013, 21:23:30 UTC
Why don`t you answer the questions regarding the pre orders/orders on miners you made?

There are ~45Gh/s allready pre-order, and there is a 15Gh/s to order tomorrow morning.

Good to hear that, was the 45 gh ordered this year? Is it already sold out or available as part of the hashpack?
- Can you tell me where are the mining rigs planned to stored? Is it being hosted somewhere?
- And do you have any refund policy? suppose the manufacture delays the product indefinitely and we would like to move out?

Right, so you don`t actually own any miners yet, you just kinda want people to buy shares of future miners that you have pre ordered or something?

Looking at your pool statistics, the average hashrate is only at 652MH/s.
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
HjerterEss
on 28/04/2013, 19:00:51 UTC
All of the comments are based on flawed logic. They all assume higher difficulty at the same bitcoin price which is retarded.

The price of bitcoin could very well increase to $500,$750,$1000,$1000+ so arguing anything about profitability is just insane as there are so many variables.

Since when was Bitcoin price based on difficulty? You really think that $500 let alone $1000 range is plausible?

I think Spain, France and Italy all have enough upcoming news to accelerate the value of bitcoin and that's without taking the US into account.

More PR for Bitcoin means price skyrocketing? How does that work out? Ditch real money, mine Bitcoins and get 10x as much value?
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
HjerterEss
on 28/04/2013, 18:57:25 UTC
All of the comments are based on flawed logic. They all assume higher difficulty at the same bitcoin price which is retarded.

The price of bitcoin could very well increase to $500,$750,$1000,$1000+ so arguing anything about profitability is just insane as there are so many variables.

Since when was Bitcoin price based on difficulty? You really think that $500 let alone $1000 range is plausible?

Isn't the Mars supposed to be available in "days"? Then now is the time to speculate.

I registered my interest in the Mars, and had they taken my money last week, I would have snapped it up.  But looking at all those orders for Avalon ASICs by the DIYers, the landscape looks different.  The genie is out of the bottle, and I'm reluctant to invest in anything beyond a 2 month ROI now.


Even at today's difficulty Mars would be a 2 month ROI. That's not happening if Butterfly arrive in that duration of time, let alone more Avalon and DIYers

Sorry Pizza, I catch your drift, but FlappySock's comment was concurrent with today's sp.

Yup thats what I fear the most. All those who have ordered so many Avalon chips and make their own devices. We see news about Jalapenos reaching customers each day now. BFL already showcased the finished 50GH/s miner, ready to be built and shipped to customers

kncminer got nothing, other than some simple drawing on their website.
Post
Topic
Board Mining speculation
Re: how much BTC can I get per day IF I buy BFL 50 GH/s Bitcoin Miner - $2,499 BitFo
by
HjerterEss
on 28/04/2013, 18:53:01 UTC
None. You will never get it from BFL anyway  Cheesy
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
HjerterEss
on 28/04/2013, 17:49:22 UTC
$ 2,795.00 for 6 GH FPGA? Hmmm  Shocked
$ 7,000.00 for 250 GH ASIC(?) seems much better deal...


That can't be correct. $3000 for 6GH? And it's not even an ASIC? I don't get it.



you get $2000 discount for the jupiter when buying the mars. so the price is in reality $795. you just pay a bit for the jupiter in advance.
it says up to $2000 so it can be less.

What if they fail to deliver 'Jupiter'? Or if Jupiter fails to live up to the specs on paper? At this stage in the game I would consider this a very risky endeavor.

For me it seems this is a less risky opportunity then BFL or Avalon. KNCminer has had the time to prepare and get things in order.  

Is that based on the unique pricing of their models or showing the community proof of all they've accomplished to date?

KNCminer has showed nothing that sugest that they are a scam. The pricing seems logical to me. i am no expert but making ASIC seems to be a costly procese, not just in the pure cost but also in the uncertainty of the bitcoin marked.

The timing is also right, this is the time i would expect new ASIC companies to pop up that did there homework first before they announced anything.

The fact that they are located in sweden is not bad either. sweden got strict laws when it comes to business, not a easy country to scam anybody in. And im norwegian so i must root for my neighbour.

Actually if their Jupiter miner comes out in September-October, they are too late to the party. Paying $7000 for a 250GH/s miner, will be too expensive because difficulty will be so high that it might take 3-6 months before breaking even. ASICs might have become very little profitable like GPU miners are now.

Also, $3000 for a 6GH/s miner is outrageous. Especially when they claim this on their website: " Shipment begins on mass in just over 2 months".
No batches, just mass pushing it out to the Bitcoin network. Difficulty will skyrocket. One Jalapeno from BFL cost $250, it can do almost the same hashrate. They are already beating kncminer with delivery. Again, kncminer too late to the party...
Post
Topic
Board Hardware
Re: Guess who’s got two thumbs and Jalapeno…….this guy….
by
HjerterEss
on 27/04/2013, 23:38:58 UTC
I find it suspicious, that every person (almost) who has received a unit then creates a YouTube video..

I totally agree with you. I think this guy is the first one to measure the temperature with an IR meter too.
I think they are shipping out only to reviewers to suck more people in to buy their devices. I bet there are many who don`t even know that its useless to buy anything from BFL now.

It seems suspicious to me.
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
HjerterEss
on 27/04/2013, 21:39:08 UTC
Maybe I sent my email to the wrong adress or something then. I used the adress found on their website.