Bitcoin Forum
November 23, 2017, 10:14:56 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 1545 1546 1547 1548 1549 1550 1551 1552 1553 1554 1555 1556 1557 1558 1559 1560 1561 1562 1563 1564 1565 1566 1567 1568 1569 1570 1571 1572 1573 1574 1575 1576 1577 1578 1579 1580 1581 1582 1583 1584 1585 1586 1587 1588 1589 1590 1591 1592 1593 1594 [1595] 1596 1597 1598 1599 1600 1601 1602 1603 1604 1605 1606 1607 1608 1609 1610 1611 1612 1613 1614 1615 1616 1617 1618 1619 1620 1621 1622 1623 1624 1625 1626 1627 1628 1629 1630 1631 1632 1633 1634 1635 1636 1637 1638 1639 1640 1641 1642 1643 1644 1645 ... 2138 »
  Print  
Author Topic: Swedish ASIC miner company kncminer.com  (Read 3011986 times)
raskul
Sr. Member
****
Offline Offline

Activity: 434



View Profile
April 04, 2014, 06:26:37 PM
 #31881

Yeah, they read in here that we found out they are making 3 mil a day off our boards, and are preparing an announcement.
There's not much they can say to change the situation.
This will be interesting to hear after a month of silence on Neptune, and reading that interview yesterday.

3million kronor mate - ~$500k
it was pointed out above somewhere.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
Join ICO Now Coinlancer is Disrupting the Freelance marketplace!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511432096
Hero Member
*
Offline Offline

Posts: 1511432096

View Profile Personal Message (Offline)

Ignore
1511432096
Reply with quote  #2

1511432096
Report to moderator
1511432096
Hero Member
*
Offline Offline

Posts: 1511432096

View Profile Personal Message (Offline)

Ignore
1511432096
Reply with quote  #2

1511432096
Report to moderator
1511432096
Hero Member
*
Offline Offline

Posts: 1511432096

View Profile Personal Message (Offline)

Ignore
1511432096
Reply with quote  #2

1511432096
Report to moderator
smoothrunnings
Hero Member
*****
Offline Offline

Activity: 560


View Profile
April 04, 2014, 06:36:05 PM
 #31882

Yeah, they read in here that we found out they are making 3 mil a day off our boards, and are preparing an announcement.
There's not much they can say to change the situation.
This will be interesting to hear after a month of silence on Neptune, and reading that interview yesterday.

I think if they are making money off our Neptune's they should have at least the decency to use my Bitminter creds I added to my Knc Miner account so they should be technically using that to mine and not be using their own method with my equipment. But if they want to reimburse me the Bitcoin's they have mined with my Neptune so far I would be happy to provide them with walled ID. Smiley


Phoenix1969
Legendary
*
Offline Offline

Activity: 938


LIR DEV


View Profile
April 04, 2014, 06:37:01 PM
 #31883

Yeah, they read in here that we found out they are making 3 mil a day off our boards, and are preparing an announcement.
There's not much they can say to change the situation.
This will be interesting to hear after a month of silence on Neptune, and reading that interview yesterday.

3million kronor mate - ~$500k
it was pointed out above somewhere.
How's that? They specifically said USDollars in the interview....
someone in here says its kronor, and that's it?  No, I'll believe the interview unless there is something else as proof of that. , thanks
As if the exchanges deal in kronor, lol.  That's really left-field.


                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
raskul
Sr. Member
****
Offline Offline

Activity: 434



View Profile
April 04, 2014, 06:39:35 PM
 #31884

Yeah, they read in here that we found out they are making 3 mil a day off our boards, and are preparing an announcement.
There's not much they can say to change the situation.
This will be interesting to hear after a month of silence on Neptune, and reading that interview yesterday.

3million kronor mate - ~$500k
it was pointed out above somewhere.
How's that? They specifically said USDollars in the interview....

no, it was pointed out google translated it to dollars. i didn't bother checking the swedish text...
but anyway, who cares, they are mining the arse off us all.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
Phoenix1969
Legendary
*
Offline Offline

Activity: 938


LIR DEV


View Profile
April 04, 2014, 06:43:33 PM
 #31885

I don't buy that BS. What exchange has the volume to do that, and trades in kronor? none.
And no, Kronor doesn't translate to "USdollars", it translates to "crowns." in English, so no.
Go to google and try it  yourself.


                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
raskul
Sr. Member
****
Offline Offline

Activity: 434



View Profile
April 04, 2014, 06:45:04 PM
 #31886

I don't buy that BS. What exchange has the volume to do that, and trades in kronor? none.
And no, Kronor doesn't translate to "USdollars", it translates to "crowns." in English, so no.
Go to google and try it  yourself.

i'm sure you are probably right.. i'm not looking too far into it.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
chopstick
Legendary
*
Offline Offline

Activity: 1005


View Profile
April 04, 2014, 06:54:27 PM
 #31887

Has there been a single successful BTC mining company that hasn't completely succumbed to Greed?

Not to defend KNC miner, but I mean damn. The mining scene is disgraceful. BFL was a scam since the start and is run like a ponzi, delivering just enough hardware to stay afloat. Avalon shipped their batch 1 miners on time and then fucked over everyone else on purpose to keep difficulty low. Countless other companies have taken preorders and then failed to deliver. And now KNC is fucking over all their customers also.

This is why I would personally only buy miners that ship at time of purchase... not a single company out there is honest enough for preorders it seems. Either they mine with your gear for 2 months before shipping, or they never produce anything at all, or by the time they do actually produce it's no longer profitable.
Phoenix1969
Legendary
*
Offline Offline

Activity: 938


LIR DEV


View Profile
April 04, 2014, 06:54:45 PM
 #31888

I don't buy that BS. What exchange has the volume to do that, and trades in kronor? none.
And no, Kronor doesn't translate to "USdollars", it translates to "crowns." in English, so no.
Go to google and try it  yourself.

i'm sure you are right im not looking too far into it
Nope... YOU were right
my bad...
the original article has kroner in parenthesis




                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
Easy2Mine
Hero Member
*****
Offline Offline

Activity: 686


PikcioChain ICO Starts on 24th of November


View Profile
April 04, 2014, 07:24:22 PM
 #31889

Sam ash(c)ole KFC farm has even become bigger and bigger.
What a fuckers.


███  █████
███  ██  ██
██    ██  ██
██  ███  ██
██  █  █  ██
      █  █  ██
██  █  █
██  █  █  ██
██  ███  ██
██  ██    ██
██  ██  ███
█████  ███
.PIKCIOCHAIN.                         ▄▄█████▄▄
                        ██▀     ▀██
                       ██  ▄███▄  ██
                      ██  ███████  ██
                      ██  ███████  ██
                       ██  ▀███▀  ██
        ▄▄▄▄▄▄▄▄      ▄███▄     ▄██
     ▄████████████▄ ▄██▀ ▀▀█████▀▀
   ▄████▀▀▀▀▀▀▀▀████▄              ▄▄▄▄▄
  ███▀            ▀███           ▄█████████▄
 ███▀              ▀███        ▄███▀▀   ▀▀██▀
███▀     ▄████▄     ▀███      ▄██▀
███     ████████     ████████████
███     ████████     ████████████
███▄     ▀████▀     ▄███      ▀██▄
 ███▄              ▄███        ▀███▄▄   ▄▄██▄
  ███▄            ▄███           ▀█████████▀
   ▀████▄▄▄▄▄▄▄▄████▀               ▀▀▀▀▀
     ▀████████████▀
        ▀▀▀▀▀▀▀▀

███  ███
███  █  █
█      █  █
█  ███  █
█  █  █  █
    █  █  █
█  █  █
█  █  █  █
█  ███  █
█  █      █
█  █  ███
███  ███

███  ███
███  █  █
█      █  █
█  ███  █
█  █  █  █
    █  █  █
█  █  █
█  █  █  █
█  ███  █
█  █      █
█  █  ███
███  ███

███  █████
███  ██  ██
██    ██  ██
██  ███  ██
██  █  █  ██
      █  █  ██
██  █  █
██  █  █  ██
██  ███  ██
██  ██    ██
██  ██  ███
█████  ███
The Avenger
Hero Member
*****
Offline Offline

Activity: 798



View Profile
April 04, 2014, 07:34:57 PM
 #31890

Same ash(c)ole KFC farm has even become bigger and bigger.
What a fuckers.
Difficulty is about to jump 23%.

So yeah, what a fuckers kenne-moron and ass-cole are.

"I am not The Avenger"
1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
Phoenix1969
Legendary
*
Offline Offline

Activity: 938


LIR DEV


View Profile
April 04, 2014, 07:37:47 PM
 #31891

I E-mailed the author to find out... will let y'all know
Kronor or USD

But I'm still thinking it may be USD...  
Isn't that the preferred denomination when purchasing Products through bank transfer at KNC?
...and I'm not sure there is an exchange that has enough trade volume in kronor to handle that.... or any exchange that handles kronor... is there?


                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
padrino
Legendary
*
Offline Offline

Activity: 1400


https://www.bitworks.io


View Profile WWW
April 04, 2014, 07:54:29 PM
 #31892

I am not an original KNC customer so I am not in a position to, but I am surprised no one has chased them down with a lawsuit yet given the documented violations of their commitments to their customers, deceptive advertising, other things are fairly straightforward to prove..

1CPi7VRihoF396gyYYcs2AdTEF8KQG2BCR
https://www.bitworks.io
jimmothy
Hero Member
*****
Offline Offline

Activity: 770



View Profile
April 04, 2014, 07:55:27 PM
 #31893

I E-mailed the author to find out... will let y'all know
Kronor or USD

But I'm still thinking it may be USD...  
Isn't that the preferred denomination when purchasing Products through bank transfer at KNC?
...and I'm not sure there is an exchange that has enough trade volume in kronor to handle that.... or any exchange that handles kronor... is there?

It's likely they traded btc for usd then usd for kroner (or just held the usd)
Phoenix1969
Legendary
*
Offline Offline

Activity: 938


LIR DEV


View Profile
April 04, 2014, 08:07:46 PM
 #31894

I E-mailed the author to find out... will let y'all know
Kronor or USD

But I'm still thinking it may be USD...  
Isn't that the preferred denomination when purchasing Products through bank transfer at KNC?
...and I'm not sure there is an exchange that has enough trade volume in kronor to handle that.... or any exchange that handles kronor... is there?

It's likely they traded btc for usd then usd for kroner (or just held the usd)
Exactly what I was thinking... Sold for USD, then converted at their own bank is the likely possibility.


Here's the post mentioned earlier about an announcement


Finally a tidbit.   Not water-cooled; wow, like they couldn't have told us that a eons ago, and nearly useless information.
Soon?  as in today, this week, or this month?
Seems to me they are much more revealing when talking to press than customers.
Let's get Heraldo on the case.....  hehe
at least it's SOMETHING besides silence.

Better would be having them finish these sentences...
"We expect the chips to arrive within...."
or...   "Last word from the foundry was...."
or...   "Boden will be used to....."
or...   any real, relevant information.



                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
Phoenix1969
Legendary
*
Offline Offline

Activity: 938


LIR DEV


View Profile
April 05, 2014, 07:30:37 AM
 #31895

"Hold on to your Bitcoins because we expect them to go fast
we plan on cashing in daily with those cards and want the price to stay high."

Couldn't you have just sold Jupiters until the Neptunes were ready?
You were doing great, and had respect.

I'm wondering what wonderful announcement could fix this now?
answer: none
Best case, Neptune is over spec and close.....
but what about all the hashpower at Boden?
Think they will ever share that or make up for the deceptive move?... No way.


*Free for CA Batch customers...until Neptune is shipped....
*Boden is ready, and online, sign in and start mining with 4 Th/s
Neptune is 6Th/s and a month away...

Booyeah, back in good graces.


                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
matthewh3
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
April 05, 2014, 02:11:38 PM
 #31896

This is the KNCminer thread can everyone please take their off topic posts to other more suitable threads or start your own thread.  This thread is garbage now and the only KNC talk is by haters who probably don't even have a KNC device or pre-order.

smoothrunnings
Hero Member
*****
Offline Offline

Activity: 560


View Profile
April 05, 2014, 04:31:41 PM
 #31897

This is the KNCminer thread can everyone please take their off topic posts to other more suitable threads or start your own thread.  This thread is garbage now and the only KNC talk is by haters who probably don't even have a KNC device or pre-order.
Okay, so we should all stay silent until there's something new in KNC news? ... and let KNC pull more wool over our eyes without any rebuttal or speculation?
Good luck with that.
I got news for ya...   even some of the biggest doomsayers in here STILL have Neptune on order, and have every right to vent in here, and warn others.   Yes...even Edgar     Just sayin'

off topic is off topic tho, and agree.

But if you are referring to the tax issue, it's totally relevant and "on topic" to any miner, or anyone contemplating purchasing one. ANY MINER.

With that said...

I just love how the IRS decides to slap on the BTC taxes in such a big way only two weeks before taxes are due. Most individuals and businesses have long since completed their taxes, and now have to file amendments before the 15th, or face another 10% penalty for filing late! And Miners in USA are especially screwed, enjoying a 25 to 45% income tax on what was mined, which is tallied at the value the day it was mined, which forces a daily cashout, or you incur capitol gains on top of that. You, as a Miner in USA can literally be taxed up to (39top CapGain) +(35% top Income tax) a whopping 74% for mining, and holding (if held less than 1 year)Yes.... Seventy four percent! Feeling abused yet? .. You simply cannot mix income tax with Capitol Gains without losing out bigtime...
Mining needs to be treated exactly the same as CGains only, not income tax, it just is not fair or realistic, and adds a speculation that makes mining too risky in USA imho... period.
Income tax on mining? That's like buying a job at wallmart for 10 grand, and getting taxed triple for doing it.

All I have to say to posts like this is DO NOT PANIC! And most certianly do not let your monkey minds play tricks on you! Unless there is something announced by KNC Miner or a verified rogue employee this is all just hearsay; at the end of day who are you really hurting or disappointing? KNC or yourselves? Certainly not KNC!

Phoenix1969
Legendary
*
Offline Offline

Activity: 938


LIR DEV


View Profile
April 05, 2014, 11:38:36 PM
 #31898

So, I'm limited to KNC specific news?
Since KNC has the official news, you must be looking for the unofficial news?
okay....  in case you missed it...

Sam Cole recently revealed in an interview they are cashing in 3 million kronor a day from the boards they taunted us with.


Do you really want to hear more on that?
because that's really all there is.


 


                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
Zelek Uther
Hero Member
*****
Offline Offline

Activity: 672


Run a Bitcoin node.


View Profile
April 05, 2014, 11:44:21 PM
 #31899

I'll never forget this line.....   " We are serving more than three million dollars a day to resell the bitcoin we break ourselves," said Sam Cole.

Said just like they think they are doing us a favor with those boards they taunted us with.
While sucking the entire network's wealth dry.
Such a chore "Breaking" the coin yourselves... "Serving" 3 mil a day... Thank you so much.
It was three million Swedish krona, not US Dollars.

Point taken however.

Run a Bitcoin node, support the network.
How to compile and run bitcoind on a Raspberry Pi
Zelek Uther
Hero Member
*****
Offline Offline

Activity: 672


Run a Bitcoin node.


View Profile
April 05, 2014, 11:45:48 PM
 #31900

I'll never forget this line.....   " We are serving more than three million dollars a day to resell the bitcoin we break ourselves," said Sam Cole.

Said just like they think they are doing us a favor with those boards they taunted us with.
While sucking the entire network's wealth dry.
Such a chore "Breaking" the coin yourselves... Thank you so much.

How long do you think it will take them to setup another farm, only filled with Titan's?

Probably a week or two.

Interesting how KNC could execute a 51% attack on the entire scrypt network with only a few million dollars. Looks like the whole purpose of scrypt (resisting asics) has failed.
The original point of Litecoin (which introduced Scrypt mining) was to resist GPUs.  

Run a Bitcoin node, support the network.
How to compile and run bitcoind on a Raspberry Pi
Pages: « 1 ... 1545 1546 1547 1548 1549 1550 1551 1552 1553 1554 1555 1556 1557 1558 1559 1560 1561 1562 1563 1564 1565 1566 1567 1568 1569 1570 1571 1572 1573 1574 1575 1576 1577 1578 1579 1580 1581 1582 1583 1584 1585 1586 1587 1588 1589 1590 1591 1592 1593 1594 [1595] 1596 1597 1598 1599 1600 1601 1602 1603 1604 1605 1606 1607 1608 1609 1610 1611 1612 1613 1614 1615 1616 1617 1618 1619 1620 1621 1622 1623 1624 1625 1626 1627 1628 1629 1630 1631 1632 1633 1634 1635 1636 1637 1638 1639 1640 1641 1642 1643 1644 1645 ... 2138 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!