Post-mortem interview with KnC Miner founder Sam Cole

[johannesl]

I managed to record a video yesterday from STHLM TECH and a rare interview with Sam Cole about his failed KnC Miner:
https://news.ycombinator.com/item?id=11907877

[1715459868]

1715459868

[Xialla]

he is still brave enough to expose himself on public? ohh boy..

[alh]

Don't be looking for any apologies, or too much history. It's primarily about investors (not customers), and how KNC saw their future unfolding. No technical details, even the details of BTC that folks might be aware of (e.g. Difficulty adjust, Halving), were largely glossed over or cast in a different light.

While I was never a purchaser of KNC hardware, it does leave a foul taste regarding their pivot from "selling miners to customer" to "self mining with investors". This video is unlikely to change anybodies mind regarding KNC (IMHO).

[cloudnthings]

Brave indeed. Got to give him credit (very tiny) for showing up though?

[7788bitcoin]

Sigh... It surprise me that KnC actually lasted longer than I thought...

Anyway, when they give the reason of tough China competitions, I think it is just their excuses.