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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3041659 times)
jelin1984
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March 29, 2014, 08:54:17 PM
 #31521

with these btc value

is not worth to buy any miner

we must wait Tongue Tongue

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March 29, 2014, 08:55:49 PM
 #31522

with these btc value

is not worth to buy any miner

we must wait Tongue Tongue
So buy BTC directly Wink

The Blocks Factory Mining POOL : DGB(sha256d, Skein, Qubit, Groestl & Scrypt), FTC
jelin1984
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March 29, 2014, 08:56:45 PM
 #31523

yes or better buy litecoin Roll Eyes Roll Eyes Roll Eyes

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March 29, 2014, 09:03:58 PM
 #31524

with these btc value

is not worth to buy any miner

we must wait Tongue Tongue

true, but all hardware companies sell only preorders with the exception of one Bitmain product/S1
Mining is a great hobby, but unrewarding when you try to make more serious money.
I wanted to mine a few coins to contribute to the process of creating 21mil BTC-you can realistically do it in the next few years (most likely just a couple of years) if you wanted to mine a single WHOLE bitcoin (a part of plant a tree, have a child, write a book...mint a bitcoin ideology).
For savings I can just buy BTC-this way I would have much better tax treatment.
smoothrunnings
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March 29, 2014, 09:18:12 PM
 #31525


Wow that's a great story. I hope the owner of bitcointalk.org bars Hashfast from attempting to sell/rip off anyone else from this site.
smoothrunnings
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March 29, 2014, 09:24:21 PM
 #31526

with these btc value

is not worth to buy any miner

we must wait Tongue Tongue

Uh? Bitcoin's value is just fine, when I started last year 1BTC = $140 CAD and gear (120GH/s) was going for about $5k on the open fiat market. If anything I think people should use their gear to play the exchange game, mine something else like Maxcoin or Peercoin and then turn it into Bitcoin, they could probably make Bitcoin's faster because other ASIC alt-coins a much lower difficulty than Bitcoin currently does. Smiley

So if I had the extra cash laying around and there were more Neptune's available to buy to fill two 42 racks that's I what I would do!

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March 30, 2014, 01:44:51 AM
Last edit: March 30, 2014, 02:01:14 AM by Phoenix1969
 #31527


Wow that's a great story. I hope the owner of bitcointalk.org bars Hashfast from attempting to sell/rip off anyone else from this site.
Self proclaimed... “industry leader in bitcoin mining technology”. It's Deja-Vu
I remember many people bailing on Jupiter orders for Baby Jets, and how long the arguments went on and on for weeks and weeks how HashFast was gonna smash KNC... and so was Cointerra. Meanwhile, BFL created a whole new category of company.
Is it outlandish to think Spooners will be are likely to be late?

at least HF is within US territory... allowing it to be stopped. I hope BFL is next.... They are overdue

BUT....  I don't see HOW they can "Freeze" a wallet without the api key.. anyone?
or even WITH the api key. The "freeze" function does not exist. they would have to transfer it to a state held wallet, no?


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jelin1984
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March 30, 2014, 01:55:16 AM
 #31528

I think that knc must said more for Neptune miner
And not only for  scrypt miner

Because now they want to sell the scrypt miners

dropt
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March 30, 2014, 02:09:23 AM
 #31529


Wow that's a great story. I hope the owner of bitcointalk.org bars Hashfast from attempting to sell/rip off anyone else from this site.
Self proclaimed... “industry leader in bitcoin mining technology”. It's Deja-Vu
I remember many people bailing on Jupiter orders for Baby Jets, and how long the arguments went on and on for weeks and weeks how HashFast was gonna smash KNC... and so was Cointerra. Meanwhile, BFL created a whole new category of company.
Is it outlandish to think Spooners will be are likely to be late?

at least HF is within US territory... allowing it to be stopped. I hope BFL is next.... They are overdue

BUT....  I don't see HOW they can "Freeze" a wallet without the api key.. anyone?
or even WITH the api key. The "freeze" function does not exist. they would have to transfer it to a state held wallet, no?


They don't need to revoke physical access to the key.   If coins move from the address, then it's contempt of court and possible fines plus jail time.  I imagine if they were stupid enough to do something like that then the court would start freezing bank accounts or tangible assets.
Phoenix1969
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March 30, 2014, 02:56:42 AM
 #31530


Wow that's a great story. I hope the owner of bitcointalk.org bars Hashfast from attempting to sell/rip off anyone else from this site.
Self proclaimed... “industry leader in bitcoin mining technology”. It's Deja-Vu
I remember many people bailing on Jupiter orders for Baby Jets, and how long the arguments went on and on for weeks and weeks how HashFast was gonna smash KNC... and so was Cointerra. Meanwhile, BFL created a whole new category of company.
Is it outlandish to think Spooners will be are likely to be late?

at least HF is within US territory... allowing it to be stopped. I hope BFL is next.... They are overdue

BUT....  I don't see HOW they can "Freeze" a wallet without the api key.. anyone?
or even WITH the api key. The "freeze" function does not exist. they would have to transfer it to a state held wallet, no?


They don't need to revoke physical access to the key.   If coins move from the address, then it's contempt of court and possible fines plus jail time.  I imagine if they were stupid enough to do something like that then the court would start freezing bank accounts or tangible assets.
ahh, sounds like a voluntary "house arrest" deal hehe.. makes sense tho.
I wonder now if this new prescience will spread to other states housing ASIC manufacturers.
My guess is that this may be "The beginning of the End" for preordered ASICS, which I wouldn't mind a bit.

*I bailed on my Neptune, waiting in the "Refund ready for process" mode...
I bumped one the other buyers order numbers up to the first spot, and refunded the one last in line, so he will get the first Neptune now... no sense in losing that spot.  ATM, a refund of 10,100 nets 21 Bitcoin, I like that idea, and am hoping the price stays low whilst waiting on the refund.  Wink


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Biodom
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March 30, 2014, 03:06:45 AM
 #31531


Wow that's a great story. I hope the owner of bitcointalk.org bars Hashfast from attempting to sell/rip off anyone else from this site.
Self proclaimed... “industry leader in bitcoin mining technology”. It's Deja-Vu
I remember many people bailing on Jupiter orders for Baby Jets, and how long the arguments went on and on for weeks and weeks how HashFast was gonna smash KNC... and so was Cointerra. Meanwhile, BFL created a whole new category of company.
Is it outlandish to think Spooners will be are likely to be late?

at least HF is within US territory... allowing it to be stopped. I hope BFL is next.... They are overdue

BUT....  I don't see HOW they can "Freeze" a wallet without the api key.. anyone?
or even WITH the api key. The "freeze" function does not exist. they would have to transfer it to a state held wallet, no?


They don't need to revoke physical access to the key.   If coins move from the address, then it's contempt of court and possible fines plus jail time.  I imagine if they were stupid enough to do something like that then the court would start freezing bank accounts or tangible assets.
ahh, sounds like a voluntary "house arrest" deal hehe.. makes sense tho.
I wonder now if this new prescience will spread to other states housing ASIC manufacturers.
My guess is that this may be "The beginning of the End" for preordered ASICS, which I wouldn't mind a bit.

I hate to say that, but you can buy 1TH right now with 4-5 days delivery (5 ants with medium over clock) for $2200, or $2400 without overclock. In lieu of plunging bitcoin prices, it might or might not be a good purchase, I am just showing an example of a price war. With low bitcoin price high priced miners with multi month preorder are in trouble.
Phoenix1969
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March 30, 2014, 03:18:20 AM
 #31532


Wow that's a great story. I hope the owner of bitcointalk.org bars Hashfast from attempting to sell/rip off anyone else from this site.
Self proclaimed... “industry leader in bitcoin mining technology”. It's Deja-Vu
I remember many people bailing on Jupiter orders for Baby Jets, and how long the arguments went on and on for weeks and weeks how HashFast was gonna smash KNC... and so was Cointerra. Meanwhile, BFL created a whole new category of company.
Is it outlandish to think Spooners will be are likely to be late?

at least HF is within US territory... allowing it to be stopped. I hope BFL is next.... They are overdue

BUT....  I don't see HOW they can "Freeze" a wallet without the api key.. anyone?
or even WITH the api key. The "freeze" function does not exist. they would have to transfer it to a state held wallet, no?


They don't need to revoke physical access to the key.   If coins move from the address, then it's contempt of court and possible fines plus jail time.  I imagine if they were stupid enough to do something like that then the court would start freezing bank accounts or tangible assets.
ahh, sounds like a voluntary "house arrest" deal hehe.. makes sense tho.
I wonder now if this new prescience will spread to other states housing ASIC manufacturers.
My guess is that this may be "The beginning of the End" for preordered ASICS, which I wouldn't mind a bit.

I hate to say that, but you can buy 1TH right now with 4-5 days delivery (5 ants with medium over clock) for $2200, or $2400 without overclock. In lieu of plunging bitcoin prices, it might or might not be a good purchase, I am just showing an example of a price war. With low bitcoin price high priced miners with multi month preorder are in trouble.
Shizzle! That's over 4Th/s for 10k shipped now...   I hope KNC has a Neptune update soon, or there may be a 3rd wave of refunds, lol


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March 30, 2014, 03:20:11 AM
 #31533

I think that knc must said more for Neptune miner
And not only for  scrypt miner

Because now they want to sell the scrypt miners

They want people's cold, hard cash to finance their datorhalls. They're not interested in actually producing equipment for people anymore since it creates direct competition for them. Titans are non-refundable, so you will never see your money again no matter how late they are. If you really want a scrypt asic miner then I would hedge a bet on aplha -t
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March 30, 2014, 04:23:33 AM
 #31534

are u gonna repeatedly smear us all with your excrement xstr8guy?

how about starting your own thread?



Such a lovely way with words you have.

My post was completely appropriate to the quoted comments.  But I'll delete the 'sig' reference if that makes it better.
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March 30, 2014, 06:45:36 AM
 #31535



I hate to say that, but you can buy 1TH right now with 4-5 days delivery (5 ants with medium over clock) for $2200, or $2400 without overclock. In lieu of plunging bitcoin prices, it might or might not be a good purchase, I am just showing an example of a price war. With low bitcoin price high priced miners with multi month preorder are in trouble.
Shizzle! That's over 4Th/s for 10k shipped now...   I hope KNC has a Neptune update soon, or there may be a 3rd wave of refunds, lol


Or you could buy 3THs of immediate cloudmining from PBMining for a 5 year contract and pay about $11,000.  And you don't pay for electricity or maintenance fees.  Another awesome bonus... no noise and heat!




I don't understand - 4Thps for $10000 vs 3 Thps for $11000 ? How much do you think electricity costs will be?

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Phoenix1969
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March 30, 2014, 06:49:46 AM
 #31536



I hate to say that, but you can buy 1TH right now with 4-5 days delivery (5 ants with medium over clock) for $2200, or $2400 without overclock. In lieu of plunging bitcoin prices, it might or might not be a good purchase, I am just showing an example of a price war. With low bitcoin price high priced miners with multi month preorder are in trouble.
Shizzle! That's over 4Th/s for 10k shipped now...   I hope KNC has a Neptune update soon, or there may be a 3rd wave of refunds, lol


Or you could buy 3THs of immediate cloudmining from PBMining for a 5 year contract and pay about $11,000.  And you don't pay for electricity or maintenance fees.  Another awesome bonus... no noise and heat!




I don't understand - 4Thps for $10000 vs 3 Thps for $11000 ? How much do you think electricity costs will be?

totally outrageous, of course


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xstr8guy
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March 30, 2014, 07:11:53 AM
 #31537



I hate to say that, but you can buy 1TH right now with 4-5 days delivery (5 ants with medium over clock) for $2200, or $2400 without overclock. In lieu of plunging bitcoin prices, it might or might not be a good purchase, I am just showing an example of a price war. With low bitcoin price high priced miners with multi month preorder are in trouble.
Shizzle! That's over 4Th/s for 10k shipped now...   I hope KNC has a Neptune update soon, or there may be a 3rd wave of refunds, lol


Or you could buy 3THs of immediate cloudmining from PBMining for a 5 year contract and pay about $11,000.  And you don't pay for electricity or maintenance fees.  Another awesome bonus... no noise and heat!




I don't understand - 4Thps for $10000 vs 3 Thps for $11000 ? How much do you think electricity costs will be?


I don't know about everyone else but I've reached the limit of what my house can hold, physically and electrically.  I also happen to live in a desert environment and it's starting to get pretty warm during the day.

So it's time to rid myself of my first gen gear to make room for the newer miners arriving soon.  But then, I'm back at (or above) my max capacity.  And with cloudmining suddenly becoming competetive with hardware sales, it couldn't come at a better time for me.
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March 30, 2014, 07:31:00 AM
 #31538

Holy crap everywhere I see your name pop up it's come check out pbmining ... Might finally have to open the doors to Meth Lab Mining if people want their TH/s now.  Just need to find a person who wants to post in every thread on bitcointalk and offer them a discount.  LOL!
xstr8guy
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March 30, 2014, 07:39:03 AM
 #31539

Holy crap everywhere I see your name pop up it's come check out pbmining ... Might finally have to open the doors to Meth Lab Mining if people want their TH/s now.  Just need to find a person who wants to post in every thread on bitcointalk and offer them a discount.  LOL!

Just trying to spread the word.   Smiley

Sorry if I've come off a little too evangelical.
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March 30, 2014, 07:46:00 AM
 #31540

BTW...
We all have been over the mining taxation......  straight income tax tallied daily on BTC price sounds scary to me.
Digging into the tax code... looks like capitol gains(as in buy & hold BTC) is much easier to swallow than income tax(Mining)
As a result, there will surely be less American miners soon, and pushed more towards the corporate, large farm level....uuuggh
http://en.wikipedia.org/wiki/Capital_gains_tax_in_the_United_States
Time to move to Denmark.    http://www.coindesk.com/denmark-declares-bitcoin-trades-tax-free/


There are no economic reasons for sole individuals to mine in US anymore. Straight buying and holding for more than 12 mo or longer is the most beneficial.
The rule clearly favors accumulation vs usage, hence the utility of bitcoin in transactions will be probably minimized, unless it is revised later on.
Mining as a hobby for a couple of coins can still go on unimpeded.

imho if this effects BTC for use as a currency .ie a 2009 coin at 2c has capital gains on it when you spend it vs a coin made today has none if you spend it right away before a change in worth" if that stays the same...no reason to have bitcoin as 'property" or a value base ..if you can't use it for transactions that are this cumbersome ..thus price of btc because of no reason to speculate or hoard it again cumbersome tax laws.....well down she goes the bitcoin ship that is so...is that too dire an option to consider?

or is that what the powers that be in the usa want? you could not have muddied the waters on mining and such if you tried imho


Searing


Did anyone pick up an Alpha technology order yesterday?

thought about it...but they say the alpha will be expandable so...even less reason

they have no track record..i'm cutting them a break cause i think they are legit..but man are they green

2200 buck investment what the heck something to do

Er and if the Titan at 250mh comes out in July (in what i've heard knc is shooting for ..ie they say Q2/Q3 (Q3 end of august)...and www.alpha-t.net saying
also JULY..well.....the Titan is gonna blow the doors off..you likely will still make ROI on the alpha...( i assume a lot of GPU's will fall off the grid etc) but that
will be very interesting this july 2014.


Searing



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