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Showing 15 of 15 results by underneath_the_water_line
Post
Topic
Board Hardware
Re: Putting miner outdoors
by
underneath_the_water_line
on 08/06/2014, 11:52:55 UTC
Put the Jupiters near an open window or open door.
Make sure nobody can enter your house, protect the window or door with a metal fence that can't be penetrated.
Point the miners with the direction of the outtake to the door or window and blow the heat directly outside the room.
The intake of your miners are sucking air from the other rooms and there is circulation of air.
Your room will not be hot.

https://bitcointalk.org/index.php?topic=636027.msg7103613#msg7103613
It is already summer here in China with ambient temperature above 30 degree celsius.
This setup proves to be working.
Now I am replacing all the fans in the miners with much greater airflow than the ones originaly in the miners and it's even work better than before.
More airflow is more noise, I don't live in that house, so it is not a problem.
You are living in the same room as your miners, so you have to decide wheter to put the Jupiters outside or experiment with this idea.




This is an approach I'm considering. This would be quite simple just need some ducts to direct the airflow.
Post
Topic
Board Hardware
Re: Putting miner outdoors
by
underneath_the_water_line
on 07/06/2014, 08:45:04 UTC
It's the morning dew which should be a concern or just moisture in the air.  If it's housed inside the cabinet it may be ok but fans sucking in moisture if it rains will kill it.  I have a shed that I thought I would place my miners in but I live where it rains a good part of the time.

Right, this is what I am concerned about aswell. But his point is that all the material inside the box will have a higher temperature than outside and therefore no need to worry about moisture building up. I kinda concur with him about this but I still fear moisture.
Post
Topic
Board Hardware
Re: Putting miner outdoors
by
underneath_the_water_line
on 07/06/2014, 00:07:05 UTC
I have 4 S1s in the garage. I use this to shut them off if it happens to get too warm (and turns them back on when the temperature drops), although it doesn't sound like you will have that problem.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=181428692436

It is pollen season now, but they are pretty clean still. I was thinking about one of those big plastic storage boxes where I could truly put them outside, but I haven't spent enough time trying to figure out how to make ventilation water tight and still maintain enough airflow since I do have some windy rain at times. There are NEMA rated enclosures but I'm not interested in spending that kind of money on this little project since it is only really useful in the summer.

Thanks for the suggestion, I just might buy something similar!
Post
Topic
Board Hardware
Re: Putting miner outdoors
by
underneath_the_water_line
on 06/06/2014, 23:35:40 UTC
I built this thing last year

https://bitcointalk.org/index.php?topic=7216.msg2423200#msg2423200

basically same sort of thing, just pulling lots of air in and out. If you go that route make sure to get in-line blowers, I switched to those fairly quickly.

Cool thing, looks pretty neat!

So basically as long as I keep it safe from thieves ya'll reckon that my machinery is safe?
Post
Topic
Board Hardware
Topic OP
Putting miner outdoors
by
underneath_the_water_line
on 06/06/2014, 21:32:01 UTC
As summer is approaching so is also the heating becoming an increasing problem.

I have two jupiters.

My roommate is no longer happy with running these machines because of the heat. His idea is to place them outdoors, basically on the balcony inside a custom case made to protect the units from rain with a mesh to protect them from bugs etc. I have this gut feeling that it is just a poor idea, I am concerned with mainly moisture (condensation for example), fine dust( pollen for example). My roommate insists what I am wrong about the condensation and moisture, and I can kinda see his point.

As far as I know condensation will only form if the component has a lower temperature than the air blowing on it (and relative humidity comes into play aswell..) . And to his point it is unlikely that the components will have a lower temperature than the outside air. But I still feel like this is a bad idea.

Should I be worried or should I listen to my friend and put the damn machines outside? Please provide arguments for either side, if I am wrong so be it... (although I would prefer to be right  Smiley )

The climate is scandinavia. So during the summer it can be anywhere from 8 celsius to 30 celsius.


tldr: Jupiters outside, good or bad idea?
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
underneath_the_water_line
on 16/05/2014, 18:51:40 UTC

No need for this. From my refund, I went back through the blockchain and found that KNC pools a slew of BTC (900+ on my refund day) into one address, then creates a new address for each refund, sends the appropriate number of coins to the new address from the pool, then sends the refund to your address from that address.

This is good information. Any chance you would be willing to share the address? I would be grateful for a pm Smiley If we can connect KNC to small addresses such as this then it would be interesting to question them why they feel a need to hide their mining. Ask them to motivate their lack of transparency.


I followed KNC's refund on blockchain and found 3 address with well over 20,000BTC in each earned from mining, can also see they get the full 25BTC for finding blocks.

note. I an amateur when it comes to blockchain snooping, so not sure I know what I'm doing.  Tongue

Could you please PM me the address? Smiley

Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
underneath_the_water_line
on 16/05/2014, 05:11:08 UTC
To those of you who have received BTC-refund from KNC

I and also the community (I hope...) would like to track how much BTC KNC have and how much they are mining.

To do this it would be great if you could submit the address from which you received your refund.


Link to address submission
https://docs.google.com/forms/d/15ocLT4yelsQ3TQ59R2x4-TsKXULdAfPB1V6zXrJX-s0/viewform

The only required question is what the address is, takes 5 seconds to fill out and I really do believe that this information is necessary for the community.

Thank you!


Edit: If you would like to share addresses but only to me (and not the world) please submit them here (https://docs.google.com/forms/d/1esjQN8vZwhI1kNtU_qxzQ0xCvhG23sGZryMUAzPMAoo/viewform?usp=send_form)

The address will not be shared further only the information found from it. Ie how much many generated coins, first transaction date. Amount incoming and outgoing. It will be deidentified with rounded numbers and no day specific time.
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
underneath_the_water_line
on 15/05/2014, 06:05:00 UTC
If I may ask, how do you know that your payment were made out to KnC 20 nm AB? Did you by any chance pay by bank transfer?

I paid through BitPay and don't recall anything regarding that specific company name. It is a truly interesting observation on your part. This is one of the reasons I want to collect information on KNC's mining operations and their address' but the community didn't seem too keen on it. Fearmongering they say...

When I asked for their banking information, they wrote:

For Bank Transfers;
In the reference please add your order number only (no product name) so we can track your payment
Payment must be in USD.
Please use the following details:

Bank Name: SEB (Skandinaviska Enskilda Banken)
Account Name: KnC 20nm
IBAN (USD): SE3250000000054238221028
BIC/SWIFT: ESSESESS
Bank Address: SEB, Stureplan 2, 106 40 STOCKHOLM/SWEDEN
KnC 20nm AB address: Birger Jarlsgatan 33 5tr, Stockholm, 111 45, Sweden.

Once I have all the documents from the Swedish registry of commerce, I'll post them here.


I checked my bitpay link, according to that it was made out to


KnCMiner AB

birgerjarls gaten 33
Stockholm, sollentuna 11145
Sweden
support@knc



It is quite interesting to note that they used different receiver account depending on payment method...
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
underneath_the_water_line
on 14/05/2014, 19:35:38 UTC
What if the DC isnt a KNC thing anymore, maybe they sold all the boards for i dont know 1$ to their own daughter company? Wink KNC broke, daughter company liquid Wink

think about it.

This was my first thought, too.

kncminer.com is owned by Kennemar & Cole AB. The Neptunes which I ordered were paid to KnC 20nm AB, while they write on the homepage that the content is copyrighted by KnCMiner AB.

KnC Cloud is operated by KnC Group AB while the domain is owned by KncMiner AB.

We all do not know how they have transfered the assets internally and if they have intercompany loans.

They once wrote that they make 400'000 US$ per day by mining. This is, however, already a couple of diff-adjustments ago (gosh, do I really start to measure time in diff-changes?)





If I may ask, how do you know that your payment were made out to KnC 20 nm AB? Did you by any chance pay by bank transfer?

I paid through BitPay and don't recall anything regarding that specific company name. It is a truly interesting observation on your part. This is one of the reasons I want to collect information on KNC's mining operations and their address' but the community didn't seem too keen on it. Fearmongering they say...
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
underneath_the_water_line
on 10/05/2014, 19:29:20 UTC


Maybe because it costs a lot more to do that than build a cheap ass datorhall with old kit that they can knock out a 10c a dozen?

Fair point. How much do you reckon it would cost to develop the Neptune?
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
underneath_the_water_line
on 10/05/2014, 19:18:15 UTC
1. No way they can declare bankruptcy whilst declaring "a million kronar a day" in fiat.
2. Embezzle? No need when the deception has been done, and have "a million kronar a day" to wallow in.
3. How does one "embezzle" from a personal wallet thru mining again? (Your #4 makes absolutely no sense mate)
    "There is nothing that proves that they are not allready embezzling using personal wallets to mine to at "our" DC up north."
Huh? Mine with a wallet?  Have you ever mined Bitcoin?

If you meant our money from our preorders...  Well, one could also argue the fact they made plenty from Jupiter and Saturn previously, under decent terms.... plenty enough to cover Boden.  I'm not sticking up for them here, but there's no sense in dwelling on this too much... we in this thread have been over and over this information hundreds of times examining the facts, and your assuming they used preorder money for Boden doesn't hold water.
There's absolutely no evidence of embezzlement here...  dishonesty, and deception; yes..... embezzlement, no, sorry can't agree.
Embezzlement would be more like a KNC employee siphoning funds to a personal address at KNC's expense... and frankly, I'd give a shit less about that... I'd say then... "Karma is a bitch"  Tongue

If KNC made enough money for Boden from original orders (Saturns and Jupiters) why in the world would they need to finance the development of the Neptunes and Titans with preorders?
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
underneath_the_water_line
on 10/05/2014, 17:57:25 UTC
Not to collect everyones addresses they are allready in the public blockchain, only identify KNCs

I think it's a wise attempt to atleast be proactive incase they decide to embezzle funds.
1- They are no longer trustworthy
2- They are a company with 1000s of people/customers, so a payout from knc wallet still keeps the anonymity of the people safe.
3- They have started up several different companies on the side and if no one keep taps on the blockchain it will be super easy for them to funnel 10s of million usd away and declare bankruptcy. Not even the government or the law will know what to do.
4- There is nothing that proves that they are not allready embezzling using personal wallets to mine to at "our" DC up north.
5- They built DC with pre-orders money.
6- They are mining more than the 5% that's a breach of contract. Which lowered all miners profits by atleast 10%. Then they pay (after a month or so) refunds with btc that preorders DC allowed them to mine. Basicly raping their so called loyal customers in the ass more than once.
7- Perhaps this helps to find out truly how powerfull the preorder DC really is.
And the list goes on

Summery: probably wise to keep taps on them, and all customers will continue to be as anon as ever.

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------

This thread is currently so spread out that I would prefer further conversation regarding this survey and address collection at a forum dedicated to KNC( http://www.hackmyminer.com/forum/index.php?forum=7)

Question ("From what address did you receive your refund?")
https://docs.google.com/forms/d/15ocLT4yelsQ3TQ59R2x4-TsKXULdAfPB1V6zXrJX-s0/viewform?usp=send_form
 (https://docs.google.com/forms/d/15ocLT4yelsQ3TQ59R2x4-TsKXULdAfPB1V6zXrJX-s0/viewform?usp=send_form)
Submitted addresses
https://docs.google.com/forms/d/15ocLT4yelsQ3TQ59R2x4-TsKXULdAfPB1V6zXrJX-s0/viewanalytics?usp=form_confirm (https://docs.google.com/forms/d/15ocLT4yelsQ3TQ59R2x4-TsKXULdAfPB1V6zXrJX-s0/viewanalytics?usp=form_confirm)

To add to this:

When one asked for a refund and accepted BTC that person probably used a unique address for that transaction. That would've been the proper way to do it and therefore privacy is not really threatened.
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
underneath_the_water_line
on 10/05/2014, 16:55:50 UTC
At the current BTC price each $13200 refund is close to 30 coins (29 something). Even if they mine 15% of All mining activity, it is 540-620 coins a day (since difficulty is increasing at ~15%). They will probably not use more than 50% of daily revenue for refunds, I assume, which makes 270-310 coins available. This is comparable with the size of account from which i got the refund (however, I don't think that it is appropriate to share account numbers because you will give out your privacy as well). However, it also means that they will refund ONLY 10-12 machines a day. If someone has 2, then only 6 such people daily.


Would you care to disclose what information  https://blockchain.info/address/ gives?

Number of transactions
Total received
Payments
Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
underneath_the_water_line
on 10/05/2014, 10:38:20 UTC
The topic of solvency has been up more than once now. We can't look into their internal fiscal books but we can look at the blockchain. What I propose is that we as a community come together and collect this information. It is known that they are mining like crazy and that BTC refunds are paid out of those operations.

Everyone who has been refunded in BTC now or since the beginning please help the community out by filling out this short survey:

I am a KNCminer customer and I am behind this survey. The sole purpose is to trace how much BTC KNCminer AB is holding.

This thread is currently so spread out that I would prefer further conversation regarding this survey and address collection at a forum dedicated to KNC( http://www.hackmyminer.com/forum/index.php?forum=7)

Question ("From what address did you receive your refund?")
https://docs.google.com/forms/d/15ocLT4yelsQ3TQ59R2x4-TsKXULdAfPB1V6zXrJX-s0/viewform?usp=send_form

Submitted addresses
https://docs.google.com/forms/d/15ocLT4yelsQ3TQ59R2x4-TsKXULdAfPB1V6zXrJX-s0/viewanalytics?usp=form_confirm

Edit:
Links to this survey have been posted at links below, by me.
Post
Topic
Board Beginners & Help
Topic OP
Collateing BTC? Regarding transaction fees
by
underneath_the_water_line
on 22/06/2013, 19:40:19 UTC
I recently learned that the reason Bitminter changed the autopayment threshold from 0.001 to 0.01 was due to transaction fees. I've seen some analogies to paying with something worth 100 bucks with nickels and cents.

Let's say that I have three different addresses where those 0.001 payments have gone to. Paying for something would too long unless I "pay" a fee to the network. This wouldn't be feasible when paying obviously.

My question is - what if I were to transfer all the coins I have to forth address without a fee, would it in a way collate all those nickels and cents to a dollar bills? I figure it would take some time for the network to process the payment without the fee but I'd be fine with that. Also should that forth address be in a completely different wallet?

Thanks!