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1Neptune
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March 23, 2014, 06:52:53 PM |
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I also find laughable that Phoenix seems to think that BitMain's production capacity is "finite"!
They continually meet demand down to the most recent order with almost no build-time. The only people bitching about wait times for Ants are those with odd billing issues or those who have been scammed by 3rd parties.
I suppose technically there is some limit to their manufacturing capacity but for god's same, they're in CHINA! And they will keep chucking those miners out until something better comes along or they've completely saturated the market. No mercy and no bullshit Network Protection Statement!
on the flip side of that...I think its odd for someone to think their production capacity is "infinite". no matter what their location is. My point, and it was clearly made, is that BitMain has not yet reached it's manufacturing capacity and isn't likely to as long as they are making money. They will simply continue to add capacity until it is no longer profitable for them to do so. Clearly they won't ever need to produce Apple-quantity devices but that type of capacity is right around the corner if they ever need it. Btw, I do still have my CA Neptune preorder and will probably keep it even if it turns out to be a hosted-only option. I'm just stubborn that way. that would be BOTH, and he's been that way for well over a year! Presumably his entire life thus far some would say its simplicity, i say its cunning disguised as ignorance. which is why he and his 'mates' are the only ones who agree with each other. and behave similarly. pretending to be dumb to take advantage of the noobs & uninitiated ppl... I wouldnt trust him either... Escrow or otherwise, he's known for being a crook/confidence abuser. he promises to 'be out' 'be done' 'be finished' fucking with us but ALWAYS comes back for more, either as his 'im a spastic, you can trust me' self or as various alt-egos that are designed for the same purpose. misleading ppl into losing their coins, faith in people & time. NOT. TO. BE. TRUSTED! 'KnC are so awesome you guys, they never lied to us, misled us or used us & our collective funds against us at all.... i love them and want to have their baby - hence my continued efforts at releasing one 'new hardware' scam after another'!! Phonie - 'i cant turn left or right & i pretend to ignore ppl but stalk them with my fake accounts' XAre Phoenix1969 and https://www.facebook.com/orchideric one and the same? Check the friends list on FB. |
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Templer
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March 23, 2014, 07:04:12 PM |
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Why are you doing this? I dont think its necessary to post facebook accounts here! |
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Phoenix1969
Legendary
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Activity: 938
Merit: 1000
LIR DEV
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March 23, 2014, 07:44:57 PM |
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Why are you doing this? I dont think its necessary to post facebook accounts here! Yeah, and surely pushing off-topic unless....He's probably talking about befriending Sam & Andreas on Facebook... why not? Did that straight away first thing when they opened shop... after being the first PayPal customer test thing...but I rarely actually use FB anymore... I almost forgot it existed, lol. but my dog looks great up there.. heheh |
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1Neptune
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March 23, 2014, 08:24:46 PM |
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Why are you doing this? I dont think its necessary to post facebook accounts here! Yeah, and surely pushing off-topic unless....He's probably talking about befriending Sam & Andreas on Facebook... why not? Did that straight away first thing when they opened shop... after being the first PayPal customer test thing...but I rarely actually use FB anymore... I almost forgot it existed, lol. but my dog looks great up there.. heheh Yes, a very good looking dog. Was just curious. Has to do with pattern matching, as in matching patterns in photographs in this instance. |
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soy
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Activity: 1428
Merit: 1013
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March 23, 2014, 09:33:47 PM |
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Long sorry post follows: My cable co stopped my modem from allowing me to connect for a day or two and before that I was busy reconciling my 2013 bitcoins for taxes so fell behind but quickly skimmed the pages I missed.  Looks like I might be best off selling my Mercury with upgrade card (pseudo-Saturn). I receive Social Security disability benefits. If I had just bought bitcoins instead of mining I'd have been okay. As it is, the US IRS seems to be saying mining bitcoins creates the asset and taxes must be paid according to the value when sent to the miner, e.g. the blockchain dollar value of the payout. Since I took money out of my IRA to buy mining gear and pay bills my income had reached taxable levels in 2013. Now when I add in the value of the roughly 16 btc I mined in 2013 (I have some other small miners too), not only am I way over and need to pay taxes, but Social Security will turn around and want the disability payments paid back. That's the crux. So, a large part of what I mined will be hit by disability payback because I mined. And, as my mining is only a hobby and not a business I am not permitted to deduct expenses or cost of equipment. If I sell my pseudo-Saturn I can deduct its cost before 2014 taxes on the profit. I'd probably do best parting out the components. Thing is I don't trust selling mining gear on Paypal given that it's so easy for a buyer to claim faulty gear and get a charge back. We know that mining is not for the technically weak. I'd probably most comfortably meet a buyer at a mall in Atlanta and take cash. There's one more factor. I've grown emotionally attached to my mining gear and really don't want to sell. soy PS: Since I can't deduct cost of gear, I'm doubly happy I went with a single el cheapo 12v switching supply (designed for powering LED signs) for each module rather than a pricey computer switching supply supply. Won't have to sell the pseudo-Saturn as the taxes are lower than expected. Caveat - if social security uses line 22 rather than line 37 of the 1040 to assess if benefits need be returned, it could cost me more. |
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ElGabo
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March 23, 2014, 09:56:08 PM |
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Here is the bottleneck on the controller boards...  Thanks god i refunded everything until the last penny a day after this data centre news... |
" I'm waiting for my punishment, I know it's on my way
So cut, cut, cut me up and fuck, fuck, fuck me up"
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helmax
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March 23, 2014, 10:31:17 PM
Last edit: March 23, 2014, 11:22:34 PM by helmax |
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holy shit  |
looking job
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Phoenix1969
Legendary
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Activity: 938
Merit: 1000
LIR DEV
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March 23, 2014, 11:02:45 PM |
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davebodger
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March 23, 2014, 11:07:23 PM |
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To my eye that looks like at least 20 rows of racks. Each row contains at least 40 columns, 6 shelves high. Each shelf is 6 Jupiter boards, lets say they are all November versions with the latest software, and they have roughly tuned them to be about as efficient as my one. I make that 190GH/s per board drawing 215W at the wall each (using 80+ Gold PSUs). 20 * 40 * 6 * 6 * 190 = 5472000 GH/s or ~5.4 PH/s. 20 * 40 * 6 * 6 * 215 = 6192000 Watts or ~6 MW. ~7200 November Jupiter equivilants. Lovely! It looks like they are getting there. It may be full soon, time to expand (if they haven't done so already). I wonder why they are so scared of selling a few upgrade boards to existing customers ? I only want 2. It's not like we would be big competition to them.  |
If you think I deserve it - BTC always welcome - 14GkxT2xcpgvGVBgMjtGeFiXrxnttBSRRF
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server
Legendary
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Activity: 895
Merit: 1014
1 BTC =1 BTC
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March 23, 2014, 11:12:40 PM |
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Nice pics! Gdamnn! Goddamn! Goddamnit Sam!! Fuck-Fuck-Fuckin' scummy knackebrod!!! This is our mining power !!!!!
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Phoenix1969
Legendary
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Activity: 938
Merit: 1000
LIR DEV
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March 23, 2014, 11:15:50 PM |
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Upgrade boards? If, Maybe, and Probably all in the same paragraph went out the window the moment this was started...
Sure, you may still get them, in the form of a cloud-hashing contract it looks like. Maybe not. There's nothing keeping them from just keeping it all either.
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kano
Legendary
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Activity: 4788
Merit: 1910
Linux since 1997 RedHat 4
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March 23, 2014, 11:26:34 PM |
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... so basically, KFC got the bitcoin community to fund their mining farm?
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Phoenix1969
Legendary
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Activity: 938
Merit: 1000
LIR DEV
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March 23, 2014, 11:41:46 PM |
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... so basically, KFC got the bitcoin community to fund their mining farm?
Is that a trick question? hehe Guess it depends how you look at it. big Yes and absolutely not at the same time.  My question would be "Now that "plan B" is nil, will they sell cloud? |
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jelin1984
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Activity: 2408
Merit: 1004
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March 23, 2014, 11:44:12 PM |
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For sure the sell cloud
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PsychoticBoy
Donator
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Activity: 1904
Merit: 1010
Parental Advisory Explicit Content
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March 23, 2014, 11:44:30 PM |
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... so basically, KFC got the bitcoin community to fund their mining farm?
Is that a trick question? hehe Guess it depends how you look at it. big Yes and absolutely not at the same time. My question would be "Now that "plan B" is nil, will they sell cloud? They sell crap, I have refunded my early costumer batch order and I am glad I did  Really they ARE mining with your mining power, you and all other "costumers" funded their farm. Now go get yourselfs some KFC and enjoy this major Clusterfuck. Cheers |
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jelin1984
Legendary
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Activity: 2408
Merit: 1004
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March 23, 2014, 11:44:59 PM |
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Money is money
And knc want to make a lot of money
Maybe they want to be the new apple
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Phoenix1969
Legendary
Offline
Activity: 938
Merit: 1000
LIR DEV
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March 23, 2014, 11:48:12 PM |
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... so basically, KFC got the bitcoin community to fund their mining farm?
Is that a trick question? hehe Guess it depends how you look at it. big Yes and absolutely not at the same time. My question would be "Now that "plan B" is nil, will they sell cloud? They sell crap, I have refunded my early costumer batch order and I am glad I did Really they ARE mining with your mining power, you and all other "costumers" funded their farm. Now go get yourselfs some KFC for this major Clusterfuck. Cheers they sell crap eh? The "crap" I bought from them made bank. care to elaborate? This aught-ta be good.... lol |
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faetos
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March 23, 2014, 11:48:44 PM |
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wow, seriously ppls, stop giving them interest free loans. these assclowns don't deserve any support. |
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joeventura
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March 23, 2014, 11:50:02 PM |
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I wonder why they are so scared of selling a few upgrade boards to existing customers ? I only want 2. It's not like we would be big competition to them. And that sir is why I am done with these pricks. They aren't willing to share a 1/100000th of the wealth with their customers. And the slower they deliver the neptunes the more money they make. |
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