Swedish ASIC miner company kncminer.com

[ASIC-K]

KNC is the number 1 contrib to the Elgius pool.
I don't know if i should feel good or bad about it.

Would be nice if they could shut down for a few days , dificulty jump comming. Hashrate of the network already going down for it on bitcoin watch.
Looks like it's going to be 515k

If all the KNC's shut down for a couple days on eligius, after a diffchange, eligius would have the longest blocks in history, and you would surely loose more than if the KNC's were there...
It's harder to find blocks after a change, thats why its actually called a "difficulty increase"....its harder, without that extra hashpower, it will take eternity.
If you like blocks that take forever....try slush...
the payments are bigger, but blocks are harder to find.
That's just how pool size & difficulty works...


Another note
BAD RESULTS with 0.98.1 production...
Big "Dwindledown" this time...

going back to beta....

Anyone try the new Cklovas code?..

+1 i went back to beta as well and its much better, no dwindle down.

[sickpig]

Another note
BAD RESULTS with 0.98.1 production...
Big "Dwindledown" this time...

going back to beta....

after how many hours you notice the performance drop?

[xstr8guy]

Anyone know whats going on with the gen 2s? Have they started production yet? Or are they still finishing up shipping gen 1s?

You're kidding.....right?
Gen 1.5 first, for November....

i don't think he knows what "gen" means. lol

He should have said "second batch".  I think we all know what he meant.

[poewerden]

If KNC actually had product in hand, ready to be shipped out I would almost give that a though for another Saturn or even a Jupiter, but they really need to lower their prices. Who's going to buy a 400Gh/s machine for $5000?

Dont worry, they will lower their prices, but only after people stop ordering. 
Why lowering prices when people willing pay for it 5 grand ?

[Phoenix1969]

Another note
BAD RESULTS with 0.98.1 production...
Big "Dwindledown" this time...

going back to beta....

after how many hours you notice the performance drop?

I waited overnight... the 3 sats lost over 60Gh/s overnight....
The moment I re-loaded beta... back to the sky...

[Biffa]

Anyone try the new Cklovas code?..

Running 3.7.2 with 0.96 firmware no problem

[Phoenix1969]

Anyone try the new Cklovas code?..

Running 3.7.2 with 0.96 firmware no problem

nice.....  rates?...dwindledown...?

[eiliant]

Used to be about 540-560GH/s on my hosted Jup. Now after the latest update, seems to now dropped to 490-500GH/s.

Kinda shitty. Needs for a way to opt in or out of firmware updates. They just seem to mass apply it to all hosted miners.

Agreed. On a side note, KNC Pool speed is currently 2.8TH/s.

[11]

To All and specially to Bitcoinorama.

Today marks the beginning of my positive ROI after I sold the proceed of 29 days of mining (59 BTC with 2 Jup). My wife cannot complain anymore about that investment she does not really trust or understand.

But starting now everything is mine (Pun intended).

So I would like to congratulate my fellow miners with their wise decision and the luck that has come with the BTC sharp rise. Also, a well deserved KUDOS for Bitcoinorama. The time he spent inquiring about KNC and other companies in this forum has been just mesmerizing

Now my expectations from KNC are very simple, they proved to our community they could deliver a product on time: A World Premier. Can they play the transparency card now??? Can they share with us the amount GH/s they sold??? I do not have to be a math genius to understand the premise of the current HASH WAR!!! The cake is not expending but the money invested in that new industry is. I really do not want to be a buy and hold BTC investors but the lack of clarity does not justify that kind of investment anymore. From that perspective, Crumbs has been so right it is not even funny. I do not want to be the thanksgiving turkey of our dear minermakers.

KNC Do you hear me, we want more transparency!!!!

[CYPER]

they proved to our community they could deliver a product on time: A World Premier.

Consider yourself lucky then for not enduring a delay, because some of us did.
2 weeks can make a huge difference: you are making profit already and I'm at less than 10% of ROI.

[Tigggger]

Today marks the beginning of my positive ROI after I sold the proceed of 29 days of mining (59 BTC with 2 Jup). My wife cannot complain anymore about that investment she does not really trust or understand.

You might have broken even in $ terms, but that misses the point of the machines, and is the fallacy that keeps people buying all these ASIC machines (and stops wives complaining )

You paid around 120BTC until it gives you that many back it's not a good investement

If you insist on thinking in $, if you hadn't bought the machines you'd now have $28,000.

[ASIC-K]

Today marks the beginning of my positive ROI after I sold the proceed of 29 days of mining (59 BTC with 2 Jup). My wife cannot complain anymore about that investment she does not really trust or understand.

You might have broken even in $ terms, but that misses the point of the machines, and is the fallacy that keeps people buying all these ASIC machines (and stops wives complaining )

You paid around 120BTC until it gives you that many back it's not a good investement

If you insist on thinking in $, if you hadn't bought the machines you'd now have $14,000.

you just have to shit all over everything, don't you? jesus.

[chrono030]

Today marks the beginning of my positive ROI after I sold the proceed of 29 days of mining (59 BTC with 2 Jup). My wife cannot complain anymore about that investment she does not really trust or understand.

You might have broken even in $ terms, but that misses the point of the machines, and is the fallacy that keeps people buying all these ASIC machines (and stops wives complaining )

You paid around 120BTC until it gives you that many back it's not a good investement

If you insist on thinking in $, if you hadn't bought the machines you'd now have $14,000.

That's a bit confusing... he would have about 28,800 - 14000 invested = 14800 profit.  Same difference, it just may lead some people to the wrong conclusion.

[Bitcoinorama]

To All and specially to Bitcoinorama.

Today marks the beginning of my positive ROI after I sold the proceed of 29 days of mining (59 BTC with 2 Jup). My wife cannot complain anymore about that investment she does not really trust or understand.

But starting now everything is mine (Pun intended).

So I would like to congratulate my fellow miners with their wise decision and the luck that has come with the BTC sharp rise. Also, a well deserved KUDOS for Bitcoinorama. The time he spent inquiring about KNC and other companies in this forum has been just mesmerizing

Now my expectations from KNC are very simple, they proved to our community they could deliver a product on time: A World Premier. Can they play the transparency card now??? Can they share with us the amount GH/s they sold??? I do not have to be a math genius to understand the premise of the current HASH WAR!!! The cake is not expending but the money invested in that new industry is. I really do not want to be a buy and hold BTC investors but the lack of clarity does not justify that kind of investment anymore. From that perspective, Crumbs has been so right it is not even funny. I do not want to be the thanksgiving turkey of our dear minermakers.

KNC Do you hear me, we want more transparency!!!!

Haha Cheers bro!

It's fantastic news for you and makes fills me with positive karma to have stuck to my guns honesty wise. Though it was your decision to make. I just reasoned my own judgement and supported it. If you followed through confirming what I shared was accurate, as I always stated, then more power to you buddy

Personally if you paid at the dollar price in dollars you want to clear that. Why if you are confident in Bitcoin increasing in value would you risk them on a pre-order for a future device if you think the Bitcoins will be worth more in the future? Goes against common sense and logic in my mind.

Anyway tip jar's below, don't be shy!! Everyone else has been pretty flakey, bar Roadstress and Bargraphics and a handful of others, hasn't even covered the first set of flights...

[11]

You might have broken even in $ terms, but that misses the point of the machines, and is the fallacy that keeps people buying all these ASIC machines (and stops wives complaining Tongue )

You paid around 120BTC until it gives you that many back it's not a good investement

If you insist on thinking in $, if you hadn't bought the machines you'd now have $14,000.

You are mathematically correct but that is not the point I made. My post is all about the transparency of the mining industry. I am just glad I did not lose my shirt as so many did in the past.
Buying the miners provides me with a feeling of belonging and contributing to an idea that is way bigger than me and I feel good about it! Don't you?

Peace

[11]

I know the jar is open but the next coin is for you (always intended to!!!). That new difficulty is harsh so 510,929,738...
It should arrive by tomorrow though.

[Bargraphics]

Today marks the beginning of my positive ROI after I sold the proceed of 29 days of mining (59 BTC with 2 Jup). My wife cannot complain anymore about that investment she does not really trust or understand.

You might have broken even in $ terms, but that misses the point of the machines, and is the fallacy that keeps people buying all these ASIC machines (and stops wives complaining )

You paid around 120BTC until it gives you that many back it's not a good investement

If you insist on thinking in $, if you hadn't bought the machines you'd now have $14,000.

There is no fallacy,

If you made a profit you made a profit. There might have been better ways of doing it but you are also missing the point.

If you sell too early then you minimized your profit, you are assuming everyone would hold until this exact date. Many would have sold before.

Also there were definitely better opportunities all over the world making more profit than buying and holding BTC but you don't mention those.

At the end of the day, Getting more than you put in is a success and congrats to everyone that has so far.

[Biffa]

Today marks the beginning of my positive ROI after I sold the proceed of 29 days of mining (59 BTC with 2 Jup). My wife cannot complain anymore about that investment she does not really trust or understand.

You might have broken even in $ terms, but that misses the point of the machines, and is the fallacy that keeps people buying all these ASIC machines (and stops wives complaining )

You paid around 120BTC until it gives you that many back it's not a good investement

If you insist on thinking in $, if you hadn't bought the machines you'd now have $14,000.

I and many others didn't pay in BTC we paid in $ in which case its a moot point.

The price for the machines is in $ its always been in $ it doesn't matter what currency you convert to create your $ its still $ in the end.

[dropt]

Today marks the beginning of my positive ROI after I sold the proceed of 29 days of mining (59 BTC with 2 Jup). My wife cannot complain anymore about that investment she does not really trust or understand.

You might have broken even in $ terms, but that misses the point of the machines, and is the fallacy that keeps people buying all these ASIC machines (and stops wives complaining )

You paid around 120BTC until it gives you that many back it's not a good investement

If you insist on thinking in $, if you hadn't bought the machines you'd now have $14,000.

I and many others didn't pay in BTC we paid in $ in which case its a moot point.

The price for the machines is in $ its always been in $ it doesn't matter what currency you convert to create your $ its still $ in the end.

The argument has, and always will be, that it was much smarter to have purchased coins with your $'s than purchasing a miner.  This is the point people are making in regards to making a return, it is also the point you're missing.  You can powder it with sugar and twist it to your liking if it makes you feel better, but the bottom line is what the bottom line is.

[AFox]

I didn't have high hopes for 0.98.1, I was right : eligius graph
Back to 0.97.


All the firmware's were run at least 24 hours without any reboot.
For that reason firmware 0.90 to 0.93 aren't listed.

--------------------	0.94	0.95	0.96	0.97	0.98	0.98.1
Average CGminer	270Gh/s	274Gh/s	280Gh/s	284Gh/s	278Gh/s	277Gh/s
Average Pool	275Gh/s	263Gh/s	278Gh/s	283Gh/s	269Gh/s	272Gh/s
Consumption	485 Watts	305 Watts	313 Watts	313 Watts	348 Watts	348 Watts
Temputure	54 & 62°C	42 & 47°C	42 & 47°C	40 & 44°C	44 & 50°C	41 & 48°C
Rejected	1.5%	0.22%	0.38%	0.48%	0.61%	0.66%
HW	2.81%	0.79%	1.08%	1.47%	3.31%	3.68%
WU	3975/m	3717/m	3933/m	4021/m	3825/m	3797/m

0.94	0.95	0.96	0.97	0.98	0.98.1