Swedish ASIC miner company kncminer.com

[Phoenix1969]

one loose fan shroud, but nothing broken, works fine, box was beat to hell with a couple small holes in it

[itod]

I will repeat once more: there is not direct correlation between the number of users and the volume of transactions. How many times I have to repeat that to you understand? Do not really matter if more and more people start to use the Bitcoin Network, because that could result either in increase or decrease of transactions.

You are also assuming that an increase in the volume of transactions will result in an increase of collected fees. That is an incorrect assumption. There is no way to ensure that every transaction will result in a collected fee. Moreover, even if the Bitcoin protocol turns the transaction fees compulsory, each block would have at least 400,000 transactions of 0.0005 BTC to generate 200 BTC. As I had already demonstrated, this is absurd. At the present moment the Bitcoin Network is not generating more than an average of 372 transactions per block.

This may look true skipping true the facts the way it's been written, but actually not correct as a whole. There is direct correlation between number of bitcoin network users and transactions fees. Although each individual transaction can't be forced to include a fee, mining pools have an incentive to include transactions with higher fees first, because they know everyone will benefit more if block is found with transactions with fees than without them. If you broadcast transaction without a fee it could easily happen to it to drop down the list and not be included in current block. It's not unheard off for such transactions to never be included in any block and need several days to clear from limbo and return to the wallet. If number of transactions ever rise close to the capabilities of miners to actually process them, you can bet on which transactions will be included and which will not.

[augustocroppo]

Dude the hashrate is about to level out for a bit not, continue growing like this for a while. This has been the first shipment of a major die shrink. If anything it shows the genesis block was way off base all along, as I previously stated. This will be a huge step up over a couple of weeks and then there won't be anything in such a huge multiple in one go on to make such a marked effect on the hashrate again for sometime. More a plateau You certainly won't see a doubling of the current hashrate as it stands after the KnC delivery for a while yet, even during their November shipment. If they were to ship anywhere near what they shipped just now, it'll increase the current hashrate by a proportion, not a multiple due to the cumulative effect of this wave.

Dear reader,

Please, if you like to deal with strictly factual information, ignore the amount of gibberish stated the above quote.

Yours faithfully,

Augusto Croppo.

[Crypto_Cumbrian]

Could anyone with a KNC miner do me a favour and ssh into your Miner and post the results for TOP.

So ssh into miner type top (Ctrl +  to exit) and post your results. Troubleshooting mine at the moment so need to compare.

Thanks

Dave  

[donch]

I will repeat once more: there is not direct correlation between the number of users and the volume of transactions. How many times I have to repeat that to you understand? Do not really matter if more and more people start to use the Bitcoin Network, because that could result either in increase or decrease of transactions.

You are also assuming that an increase in the volume of transactions will result in an increase of collected fees. That is an incorrect assumption. There is no way to ensure that every transaction will result in a collected fee. Moreover, even if the Bitcoin protocol turns the transaction fees compulsory, each block would have at least 400,000 transactions of 0.0005 BTC to generate 200 BTC. As I had already demonstrated, this is absurd. At the present moment the Bitcoin Network is not generating more than an average of 372 transactions per block.

You come across as angry and patronising. Let me spell it out quite clearly. If Bitcoin became more mainstream, it is highly likely that your average person might start using it to buy and sell things online or in shops or anywhere. The more people like this the higher the number of transactions for which it would be reasonable to charge a fee. Yes, people move funds between wallets and accounts and it might be unreasonable to expect a high fee or any for these type of transactions. Yes some people spend all day gambling on BetCoin, and they certainly don't want to pay a high fee for each transaction. You are not wrong, but you are decidedly not listening to what people are saying either.

Most of the transactions which involve buying or selling something for which a fee would be acceptable go through the wallet interface or the UI of BitPay. These two places could be where the reasonable fee is added to the transaction. If the transaction fee is a percentage of the transaction amount, rather than fixed, then your 400,000 transaction argument becomes threadbare.

Sorry for being blunt, but you've been rude three times now.  

[mininganon]

help, I can't get cgminer back running the config is fine.

[2013-10-16 22:19:42] Started cgminer 3.4.0
 [2013-10-16 22:19:42] Loaded configuration file /config/cgminer.conf
 [2013-10-16 22:19:42] Error in configuration file, partially loaded.
 [2013-10-16 22:19:42] Start cgminer with -T to see what failed to load.

please point me in the right direction. pool is loaded?!

{
"pools" : [
{
"url" : "stratum.mining.eligius.st:3334",
"user" : "redacted",
"pass" : "123"
}
]
,
"api-listen" : true,
"api-network" : true,
"api-allow" : "W:0/0"
}

~
~
~
~
~
~
~
~
~
- /config/cgminer.conf 1/14 7%

[Phoenix1969]

Could anyone with a KNC miner do me a favour and ssh into your Miner and post the results for TOP.

So ssh into miner type top (Ctrl +  to exit) and post your results. Troubleshooting mine at the moment so need to compare.

Thanks

Dave  

[Crypto_Cumbrian]

Could anyone with a KNC miner do me a favour and ssh into your Miner and post the results for TOP.

So ssh into miner type top (Ctrl +  to exit) and post your results. Troubleshooting mine at the moment so need to compare.

Thanks

Dave  

Cheers Dude

[augustocroppo]

As in the hashrate will plateau after the shipment ceases as the proportional increase won't be of the same magnitude for a while. That's logical. Obviously the difficulty will continue through some crazy adjustment yet, as it is yet to truly reflect the current hashrate. Those increases will be close together obviously as blocks are solved faster.

By the way, do you even know how the difficulty is calculated?

I am starting to feel pity for you... Perhaps I should give you another 0.1 BTC tip to help with the rent?

 

[mininganon]

Please help I'm not hashing at the moment losing money. will tip for answers.

[Phoenix1969]

Please help I'm not hashing at the moment losing money. will tip for answers.

That's not much info to go on...
walk us thru what you did so far....

[btc_uzr]

help, I can't get cgminer back running the config is fine.

[2013-10-16 22:19:42] Started cgminer 3.4.0
 [2013-10-16 22:19:42] Loaded configuration file /config/cgminer.conf
 [2013-10-16 22:19:42] Error in configuration file, partially loaded.
 [2013-10-16 22:19:42] Start cgminer with -T to see what failed to load.

please point me in the right direction. pool is loaded?!

{
"pools" : [
{
"url" : "stratum.mining.eligius.st:3334",
"user" : "redacted",
"pass" : "123"
}
]
,
"api-listen" : true,
"api-network" : true,
"api-allow" : "W:0/0"
}

~
~
~
~
~
~
~
~
~
- /config/cgminer.conf 1/14 7%

run it with -T:
cgminer -T --config /config/cgminer.conf
to see what exactly is wrong

or replace it by the original one
cp /config/cgminer.conf.factory /config/cgminer.conf

[Phoenix1969]

nice... I didn't even notice the conf.factory file.... good to kno its there

[mininganon]

cgminer -T --config /config/cgminer.conf
 [2013-10-16 22:35:43] Started cgminer 3.4.0                    
 [2013-10-16 22:35:43] Loaded configuration file /config/cgminer.conf                    
 [2013-10-16 22:35:43] Probing for an alive pool

just hangs and put 50btc in now and checked the config again, already did the replace manuver, hard reset...

[2013-10-16 22:36:43] No servers were found that could be used to get work from.                   
 [2013-10-16 22:36:43] Please check the details from the list below of the servers you have input                   
 [2013-10-16 22:36:43] Most likely you have input the wrong URL, forgotten to add a port, or have not set up workers                   
 [2013-10-16 22:36:43] Pool: 0  URL: http://pool.50btc.com:8332  User: mininganon@redacted  Password: 123

[Phoenix1969]

starting cgminer from the putty window didnt work well for me either...
but restarts fine from the gui
also ... take the "Http://" off the stratum address, that causes problems as well

[frankenmint]

cgminer -T --config /config/cgminer.conf
 [2013-10-16 22:35:43] Started cgminer 3.4.0                    
 [2013-10-16 22:35:43] Loaded configuration file /config/cgminer.conf                    
 [2013-10-16 22:35:43] Probing for an alive pool

just hangs and put 50btc in now and checked the config again, already did the replace manuver, hard reset...

[2013-10-16 22:36:43] No servers were found that could be used to get work from.                    
 [2013-10-16 22:36:43] Please check the details from the list below of the servers you have input                    
 [2013-10-16 22:36:43] Most likely you have input the wrong URL, forgotten to add a port, or have not set up workers                    
 [2013-10-16 22:36:43] Pool: 0  URL: http://pool.50btc.com:8332  User: mininganon@redacted  Password: 123

dumb quesiton to ask you but did you check to be sure that your ports match correctly?  also did you be sure to set stratum+tcp and not getwork protocol?  Something like Stratum+tcp://pool.50btc.com:3333?

[mininganon]

CGMiner status: Running (pid=7089 6947) in GUI?!

I think CGminer is messed up some how

[Phoenix1969]

hes not even using the stratum address.... use it.   getwork is dead

[btc_uzr]

CGMiner status: Running (pid=7089 6947) in GUI?!

I think CGminer is messed up some how

you started it twice I guess, had the same behavior in this case some days ago
what does the pool report ?

check it via
ps | grep cgminer

[mininganon]

OMFG I HATE BITCOIN MING!!!!!!!!!!!!!!!!!!

it's working again... this is one of the worst experiences ever! Im back in CGminer

I would hug each of you if I could thanks, sorry about my public panic attack

Crazy part is I'm not sure how I fixed it?