KNC Neptunes are burning. What's that I smell? Ooops! They melted.
KNC's Neptunes are on FIRE! KNC released Neptunes with a flaw that caused their PCI-E 6-pin connectors to melt due to the enormous power draw over the much too small, industry standard PSU wires. In order to prevent the Neptune meltdown, KNC could have used more PCI-E 6-pin connectors to provide the same amount of power. PCI-E standards suggest using two 6-pin and one 8-pin connector when requiring 300W. KNC has accused customers of overclocking and not using quality PCI-E cable upgrades in a Twitter post. Ice cream melts, but Neptunes shouldn't. Some things are best served a little....
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Original Neptune announcement image. KnCMiner has previously received a lot of attention as the first "legitimate" Bitcoin ASIC manufacturer especially after the BFL fiasco, but has this once widely-touted company lost its touch and turned to the dark side? Editor's Note: KnCMiner's CMO, Nanok Bie, has reached out to CCN to clarify that no Neptunes are being used in their datacenter. Furthermore, he clarified that KnCMiner's 5% of total network hashrateincludes the hashratethat they sell in contracts; that is to say, KnCMiner makes less than $3.6 million USD a month from mining. He also....
KnCMiner is still in the process of shipping Neptune Bitcoin miners, but now offers cloud hosting. One cloud hosting package gives you 3TH/s for less than $1,000 per month and you do not need to pay for power. Neptunes cost pre-order customers $12,995 and also give you 3TH/s, but you pay for shipping costs, a PSU to power the unit, 16AWG cable upgrades, and power consumption for running the machine. Neptunes only recently started shipping and very simply, most Neptune customers lost five-figure sums of USD by pre-ordering instead of waiting. KnCMiner's business consultant must look....
The popular festival Burning Man, which takes place in Nevada's Black Rock Desert is now accepting bitcoin donations to expand its organization. CEO Marion Goodell explains: "Donations will help provide more grants, training and support to creators of radically interactive art and evens on and off the playa, fund civic programs, teach communities the power of collaboration, strengthen our infrastructure and making the Burning Man experience accessible year-round... Accepting Bitcoin for donations is an experimental first step. We plan to explore other possibilities in the future, including....
Burning Man, the organization best known for its annual week-long celebration of cutting-edge culture in Nevada's Black Rock Desert, has announced it is accepting bitcoin donations to extend its reach. While ticket sales to the 'Black Rock City' event generally cover production costs, donations will help cover Burning Man's growing year-round program of other activities, including Global Art Grants program, the Big Art for Small Towns program and art honorariums. Donations will be processed through Coinbase. Burning Man CEO Marian Goodell said: "Donations will help provide more grants,....
Black Rock City excludes buying and selling by definition. Rising from the Nevada desert for the annual Burning Man festival, it's a temporary community where rental van logos are covered to avoid commercialism and where a bike ride might net you a free dance lesson or a grilled cheese sandwich from a billionaire, but no shopping. So what is a cryptocurrency camp doing at Burning Man, an event where even bartering is deemed too capitalistic? Relax. It's dogecoin. Late-model burgundy caravan. In the official Burning Man database, the camp is registered as Camp Bitcoin. But after hatching a....