Swedish ASIC miner company kncminer.com

[jonoiv]

http://www.c-span.org/Live-Video/C-SPAN3/
Tony Gallippi speaking now

Thanks for the heads-up

For anything related to politics, that was pretty interesting.

Basically, they don't want bitcoin to be used to fund terrorism or buy drugs.

Otherwise, they seemed quite interested in it's potential for innovation.

You need to read between the lines.   What i took from it was..  It's fine as long as we have a the right to cease funds, and every exchange muh collect personal details, same as a bank.  

I guess people only heard what they wanted to here!  crypto will carry on regardless

[btc_uzr]

http://www.c-span.org/Live-Video/C-SPAN3/
Tony Gallippi speaking now

Thanks for the heads-up

For anything related to politics, that was pretty interesting.

Basically, they don't want bitcoin to be used to fund terrorism or buy drugs.

Otherwise, they seemed quite interested in it's potential for innovation.

P.S. Gallippi represented!

archive link for those who missed it
http://www.c-spanvideo.org/program/VirtualCu
1:36:02

[Phoenix1969]

http://www.c-span.org/Live-Video/C-SPAN3/
Tony Gallippi speaking now

Thanks for the heads-up

For anything related to politics, that was pretty interesting.

Basically, they don't want bitcoin to be used to fund terrorism or buy drugs.

Otherwise, they seemed quite interested in it's potential for innovation.

You need to read between the lines.   What i took from it was..  It's fine as long as we have a the right to cease funds, and every exchange muh collect personal details, same as a bank. 

I guess people only heard what they wanted to here!  crypto will carry on regardless

What I got "Between the lines" Is that they want traceability, and identity; they were promised that....end of story.
Look for a huge jump in BTC price now! Wow.

[tolip_wen]

**too much air on the VRM's will shut some down....
just be aware of that.
sweet lookin' setup btw... 

from the MDT040A0X docs.
Wide operating temperature range [-40°C to105°C]

I don't think you know what you are talking about.
But thx for appreciating the aesthetics.

[The Avenger]

http://www.c-span.org/Live-Video/C-SPAN3/
Tony Gallippi speaking now

Thanks for the heads-up

For anything related to politics, that was pretty interesting.

Basically, they don't want bitcoin to be used to fund terrorism or buy drugs.

Otherwise, they seemed quite interested in it's potential for innovation.

You need to read between the lines.   What i took from it was..  It's fine as long as we have a the right to cease funds, and every exchange muh collect personal details, same as a bank.  

I guess people only heard what they wanted to here!  crypto will carry on regardless

Dunno, I don't think you heard everything. They did mention the possibility of collecting personal data, but also
"Maybe we should just leave it (Bitcoin) alone."  Senator Heitkamp

Even Schumer, who ordered the silk road arrest, said this, which is fairly positive.
"I do not want to shut down or shut out Bitcion. It has profound and exciting implications for financial services."  Sen Chuck Schumer

It seemed to go well. I think when Gallippi mentioned that the US wasn't even in the top 6 of btc exchanges, their ears perked up quite a lot. And when he said China were No. 1 

Anyway, off topic, just thought I'd mention it in this thread. Plenty of discussion in the wall observer thread. And the revelation of who Satoshi really is

[DPoS]

 Saying that what Bitcoin needs right now is stability

Like many here said, this convo is alive in other threads but to help soy out a bit just know that stability isn't something that magically happens.  Things like carry trades, liquidity, larger float are vital for true price discovery.  Bitcoin lacks in all of these currently which will lead to major volatility when big enough tides roll in...and out.





 

[davewr2013]

Wonder if the ignore button works both ways.  Would be a calming effect if it did.  Ignore a user and neither sees any of the others posts.  

Even if we do ignore you and you ignore us -- the completely irrelevant posts pile up.

There are other forums for the type of discussion you want to hold.

Even feel free to invite us -- and if it's interesting enough we will dive in.

 In a sense I feel your pain.  When I see users trading barbs about almost anything it can get rather windy in here with some posts having a wall of text.  When I see these I often see many users I ignored and know I was right in not wanting to have their spew before my eyes.

Insight and understanding are the first steps on the path of attainment...  

I must meditate on the price of Bitcoin and the success of this venture.

[jonoiv]

http://www.c-span.org/Live-Video/C-SPAN3/
Tony Gallippi speaking now

Thanks for the heads-up

For anything related to politics, that was pretty interesting.

Basically, they don't want bitcoin to be used to fund terrorism or buy drugs.

Otherwise, they seemed quite interested in it's potential for innovation.

You need to read between the lines.   What i took from it was..  It's fine as long as we have a the right to cease funds, and every exchange muh collect personal details, same as a bank.  

I guess people only heard what they wanted to here!  crypto will carry on regardless

What I got "Between the lines" Is that they want traceability, and identity; they were promised that....end of story.
Look for a huge jump in BTC price now! Wow.

So they want traceability.  Now that's fair enough, but that then makes my bitcoin have a little more in common with my credit card.

Lets be honest the anonymity of crypto is the main selling point.

But regardless back on topic!

[soy]

http://www.c-span.org/Live-Video/C-SPAN3/
Tony Gallippi speaking now

Thanks for the heads-up

For anything related to politics, that was pretty interesting.

Basically, they don't want bitcoin to be used to fund terrorism or buy drugs.

Otherwise, they seemed quite interested in it's potential for innovation.

You need to read between the lines.   What i took from it was..  It's fine as long as we have a the right to cease funds, and every exchange muh collect personal details, same as a bank.  

I guess people only heard what they wanted to here!  crypto will carry on regardless

What I got "Between the lines" Is that they want traceability, and identity; they were promised that....end of story.
Look for a huge jump in BTC price now! Wow.

So they want traceability.  Now that's fair enough, but that then makes my bitcoin have a little more in common with my credit card.

Lets be honest the anonymity of crypto is the main selling point.

But regardless back on topic!

Shouldn't comment on non-topic I know, but personally what sold me on Bitcoin was that there is a fixed number of coins and that won't change come hell or high water.  I see exec's getting million dollar bonuses and the cost on to consumers up to their necks in debt - so those bonuses are debtors tomorrow's money today, expanding the money supply.  Every year the dollar gets less valuable.  Those that get the million dollar bonuses don't care, it's in their favor.  Versus the dollar Bitcoin is going to rise, period.

[Phoenix1969]

**too much air on the VRM's will shut some down....
just be aware of that.
sweet lookin' setup btw...  

from the MDT040A0X docs.
Wide operating temperature range [-40°C to105°C]

I don't think you know what you are talking about.
But thx for appreciating the aesthetics.

whatever...  okay....cool away....
it was only posted like a dozen times by different folks, but I guess I'm wrong.

[davewr2013]

Made a block on Bitminter....

Finally!

Course there's no special reward -- just a request for the next one...  

Maybe the upgrade will push out some more!

[vesperwillow]

@Bitcoinorama, any idea on when KNC will open up orders again?

[Searing]

Good morning folks.
Hope everyone gets good news today on their packages... 
If not, read this..... it will make you smile...
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2013/11/Bitcoin.pdf
a cool mil a coin.... wow, that's quite an estimate...... lol

From the link above


Now that’s what I call a tail-risk option. It’s either worth zero or it’s worth a truly outstanding
amount of money.

yeah right 3.3 million a coin (would be nice thou)

yeah from the above quote...but then again with everyone on here hyping the coin ..it may likely be worth zero some day....of course the odds...I'm just going from the point of view of the odds of my 21 coins being 21 million are small to say the least......(we are talking about ME actually picking the right horse and the right time to bet on something don't ya know)

good read thou...will keep me entertained till the "alien overloads" invade the planet (same odds) of 3.3 million a coin

[CYPER]

I just got off the phone with UPS. The lady told me that the shipment is very (very) unlikely to be delivered today (Germany) and I shall take this up with KNC (which I just did). The sender is the only one able to get UPS to investigate the issue. She said it seems the paperwork got shipped but the actual boxes were left behind.

It's sad that KNC has not already responded to the issue (it's noon in Sweden). Their decision to not sending the upgrades out Friday will result in half a week of lost mining. All I can say to this (from the bottom of my heart) is: Thank you SO much KNC. You really, REALLY rock. This is by far the fairest solution for all miners.

Totally unrelated: Congrats to those who decided not to trust KNC with the delivery and pick the boards up locally. I should have done the same.

Yep, that plane ticket to Stockholm - best purchase ever 
My upgrade modules have been mining for the past 18 hours:

I just got off the phone with UPS. The lady told me that the shipment is very (very) unlikely to be delivered today (Germany) and I shall take this up with KNC (which I just did). The sender is the only one able to get UPS to investigate the issue. She said it seems the paperwork got shipped but the actual boxes were left behind.

It's sad that KNC has not already responded to the issue (it's noon in Sweden). Their decision to not sending the upgrades out Friday will result in half a week of lost mining. All I can say to this (from the bottom of my heart) is: Thank you SO much KNC. You really, REALLY rock. This is by far the fairest solution for all miners.

Totally unrelated: Congrats to those who decided not to trust KNC with the delivery and pick the boards up locally. I should have done the same.

Because this is KnC's fault, how?! ALL boxes were collected by UPS yesterday. They took them all in plastic packaging crates. UPS arrived here at 4pm. The boxes were ready, so no delay from us whatsoever.

I can confirm this. Saw them leaving by the hundreds with at least 3 UPS guys and many plastic boxes

[rolling]

http://www.c-span.org/Live-Video/C-SPAN3/
Tony Gallippi speaking now

Thanks for the heads-up

For anything related to politics, that was pretty interesting.

Basically, they don't want bitcoin to be used to fund terrorism or buy drugs.

Otherwise, they seemed quite interested in it's potential for innovation.

You need to read between the lines.   What i took from it was..  It's fine as long as we have a the right to cease funds, and every exchange muh collect personal details, same as a bank.  

I guess people only heard what they wanted to here!  crypto will carry on regardless

What I got "Between the lines" Is that they want traceability, and identity; they were promised that....end of story.
Look for a huge jump in BTC price now! Wow.

So they want traceability.  Now that's fair enough, but that then makes my bitcoin have a little more in common with my credit card.

Lets be honest the anonymity of crypto is the main selling point.

But regardless back on topic!

Not even close to the main selling point and not as anonymous as you think.

[btc_uzr]

@Bitcoinorama, any idea on when KNC will open up orders again?

enjoy your miner and give KnC a breath  
...they not even have started production for November batch as far as I know

so arise this question in early Feb again I'd say
ok, maybe they surprise us in the meantime with an altcoin miner, but I can't see how it could make sense to think about 'how to price a miner in March' right now while there is so much pre-ordered hardware queued (HF, Cointerra, Bitmine, ...)

[The Avenger]

I can confirm this. Saw them leaving by the hundreds with at least 3 UPS guys and many plastic boxes

And this is when your crew jumped them with semi automatics and hijacked the UPS van? 

[minternj]

My prediction no more miner sales. Just chips, maybe pcbs. Its the route all chip makers are and have went after tape out/deliveries.

[Searing]

**too much air on the VRM's will shut some down....
just be aware of that.
sweet lookin' setup btw...  

from the MDT040A0X docs.
Wide operating temperature range [-40°C to105°C]

I don't think you know what you are talking about.
But thx for appreciating the aesthetics.

well imho the Jupiter 1st order units are "interesting" Phonex's unit for example runs better "hot" 60c or above...I have a unit where my cores are 30c 31c 38c and 40c ..if they get in the 50's range I lose hash

ie we are completely oppisite on how we get extra GH

we also both have I think some of the better running units

so..that is where he was coming from...the posts from my experiences and his experiences and others on the forum...it may vary greatly..

also he is in hawaii and mine is in a 62F basement wating for winter.....I also have the cover off and 2 5" menard's fans blowing from either side of the front crossways across the unit....if i shut one fan off i lose hash ..i turn of both i lose more hash...kinda a clue that the temps matter on my unit..oppisite thou they be from phoenix's units

go figure

Searing

[th3joker]

**too much air on the VRM's will shut some down....
just be aware of that.
sweet lookin' setup btw...  

from the MDT040A0X docs.
Wide operating temperature range [-40°C to105°C]

I don't think you know what you are talking about.
But thx for appreciating the aesthetics.

well imho the Jupiter 1st order units are "interesting" Phonex's unit for example runs better "hot" 60c or above...I have a unit where my cores are 30c 31c 38c and 40c ..if they get in the 50's range I lose hash

ie we are completely oppisite on how we get extra GH

we also both have I think some of the better running units

so..that is where he was coming from...the posts from my experiences and his experiences and others on the forum...it may vary greatly..

also he is in hawaii and mine is in a 62F basement wating for winter.....I also have the cover off and 2 5" menard's fans blowing from either side of the front crossways across the unit....if i shut one fan off i lose hash ..i turn of both i lose more hash...kinda a clue that the temps matter on my unit..oppisite thou they be from phoenix's units

go figure

Searing

Out of interest how hot have yours peaked at?