thanks "" We are serving more than three million dollars a day to resell the bitcoin we break ourselves," said Sam Cole , founder and vice president of KNC Miner with 80 employees and offices on West Higgins Road in central Stockholm. " Impossible...3600 BTC a day at $450 will be just $1.62mil total market output. Cannot be $3 mil/day. Its not 3 million USD its 3 million SEK and the article is old. They are mining around 360 btc per day. |
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Reaching out to those in the US that received refunds to a US bank.. I have been working to get one for a couple of weeks now with no luck..
My US bank is fairly large but they are US only so they do not have a SWIFT number but do receive international wires daily from SWIFT banks, and I sent mine without any issues.
In any case KNC is telling me they cannot send my refund if my bank doesn't have a SWIFT code to give them, has anyone else run across this and if so how did you deal with it?
Thanks
Have you tried asking them for bitcoins instead? I would assume they would give you some considering they are dumping a few hundred every day. do you have any proof of this? Proof of them dumping coins? It was said in an interview. Their datacenter is up to 6PH now. |
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Not to bash but it's easy to cherry-pick right-sounding quotes after the facts.
I encourage anyone to read the first pages of this thread and others. That's how I build my ignore list. You must have TAT on ignore then right? This "financial expert" is the only reason many trusted danny to begin with. |
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Reaching out to those in the US that received refunds to a US bank.. I have been working to get one for a couple of weeks now with no luck..
My US bank is fairly large but they are US only so they do not have a SWIFT number but do receive international wires daily from SWIFT banks, and I sent mine without any issues.
In any case KNC is telling me they cannot send my refund if my bank doesn't have a SWIFT code to give them, has anyone else run across this and if so how did you deal with it?
Thanks
Have you tried asking them for bitcoins instead? I would assume they would give you some considering they are dumping a few hundred every day. |
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The reality seems to be that another entity (Rockminer) has been set up by some buddy of Friedcat, who is apparently getting priority on chips and buying them dirt cheap. This is without a doubt taking profits directly out of ASICMINER shareholders This is not reality it is speculation. There is nothing that suggests FC is giving RM any special deals. any, so I'm definitely not just talking down the price here Sounds a bit like FUD to me. |
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I feel like my quote is a bit out of place since most quotes seem to be in support if neobee.
Actually all the quotes seem unrelated/irrelevant. It seems you are trying to suggest "the other voices" are superior investonomers but it makes little sense.
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I doubt they will release mining cards. The only reason gpu coins exist is so miners can mine with gaming hardware.
A dedicated mining card would have little resale value.
I think what they will do is throw in a ton of cores and optimize them for mining.
Thats kinda what I said.... Is it not? Somewhat. I just don't think they will modify hardware solely for mining but firmware wouldn't be too difficult/costly. I could be wrong and we might see AMD go all out with a mining gpu but I just don't think they care enough. |
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He really made SEC want to go after him. They will do so just to set an example.
You forgot the best part: As a key step, the commissioners of the SEC are to at their earliest convenience adopt a resolution, to be jointly drafted at expert level, which is to include a) a plain statement of the SEC’s lack of jurisdiction with regards to Bitcoin, thus alligning itself with the position of the US FED and the US GAO ; b) a statement recognising MPEx’ regulatory authority over Bitcoin finance as a SRO |
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Lol this image is too perfect.  No surprise mircea dresses like that. |
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I doubt they will release mining cards. The only reason gpu coins exist is so miners can mine with gaming hardware.
A dedicated mining card would have little resale value.
I think what they will do is throw in a ton of cores and optimize them for mining.
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I don't want to derail the thread too much... but does any one know what the exact reason was for btct.co and bitfunder getting closed was? Was it because of a direct action of the SEC? A perceived problem with the SEC? Something else entirely?
I could never understand why the exchange operators were so silent about the whole thing.
Nobody knows still. |
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Selling neptunes for less than knc. Definite scam. Do you even know what you are talking about? Neptunes ARE KNC, so are Jupiters... I sell KNC Neptunes and KNC Jupiters, so how can I sell neptunes for less than KNC if they are KNC. Muppets like you just cause headaches for legit businesses. Do you really expect us to believe you are reselling knc neptunes for 8 btc when knc is selling for 20 btc? Also you have 900 neptunes for sale out of the total 2000? Seems legit. If you're going to scam at least put some effort in to it. |
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That's roughly $8.. since its bulk, I can offer $10 for the lot
0.02 for all 20? |
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20k or 20 shares
Twenty (20) whole shares. These babies are going to go quick, get em while they're hot. |
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I believe the price per GH/s will drop below 0.5$ after a few months. We won't see 1600PH at a price >=0.5$
Why not? We won't have much competition. Knc will have chips of equal performance but 20nm means it will be much more expensive and slower time to market. I think our biggest competitor will be spondoolies with their next gen 28nm chip but I doubt even they can match our $/gh. |
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This is why the MPEx fee isn't going down: not paying it is your loss. Not paying random 30btc to trade non-active stocks = loss #logic |
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Have you tried contacting newegg?
Normally if you compain enough you will receive some sort of compensation.
But if the psu is under warranty I wouldn't worry too much about it.
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Other way around. Rockminer holds shares of AM.
And you are wrong about making no profit. If AM sells 1600PH with a profit of $0.5/GH that would mean 1,600,000 BTC or 4 btc per share.
Do you think that chips are growing on trees? No expenses for creating them? Its about margin now. Rockminer doesn't own shares, only Rockxie is sitting on 2 chairs and as boardmember and personal friend with our CEO he can negotiate great discounts for chips from AM, also rights for 1st batches and fuck over all ASICminer shareholders. Why would rockxie/friedcat scew over shareholders when he is a large shareholder? FC already said that chips will be sold for $0.5-1/gh depending on order date and size. I don't think FC will make a special deal with RM while cutting our profits simply to give them an advantage. Also FC said that the chips cost $0.2/gh to manufacture so I estimate an average profit of $0.5/gh What reason do you have to believe FC is out to screw over shareholders? Has he ever done so in the past? |
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