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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3008336 times)
dropt
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April 12, 2014, 09:50:45 PM
 #32241

Do you understand that....
they (The investor group) are using that power to attempt pulling thousands of Gox clients out of a huge loss?
That's just the opposite of greed.  It borders charity considering they don't need the GOX name at all to open an exchange.


...but yes...  I was referring to the way it went down earlier...  the Jupiter board dangle and mind changing while we were clueless...
but I get it now, and am somewhat relieved...(wall streeters)  but not much.    Tongue
I can't help but be excited about the possibility of reclaiming Gox losses; and a significant part of the Boden income will be used for that if the deal goes through.


Could you post a link where the people involved with KnC admit they're mining coins to bail out Gox?  I only ask because a) I don't believe you.  b) If something like that was posted, you likely misinterpreted it, and c) I think you've pulled this out of your ass.

It's a few pages back: https://bitcointalk.org/index.php?topic=170332.msg6163899#msg6163899

Thanks.  This, at least to me, does not imply that KnC is mining to bail out Mt. Gox.   All it states is that one of the VC backers of KnC is also part of a group vying to buy Mt. Gox.
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April 12, 2014, 10:11:26 PM
 #32242

Do you understand that....
they (The investor group) are using that power to attempt pulling thousands of Gox clients out of a huge loss?
That's just the opposite of greed.  It borders charity considering they don't need the GOX name at all to open an exchange.


...but yes...  I was referring to the way it went down earlier...  the Jupiter board dangle and mind changing while we were clueless...
but I get it now, and am somewhat relieved...(wall streeters)  but not much.    Tongue
I can't help but be excited about the possibility of reclaiming Gox losses; and a significant part of the Boden income will be used for that if the deal goes through.


Could you post a link where the people involved with KnC admit they're mining coins to bail out Gox?  I only ask because a) I don't believe you.  b) If something like that was posted, you likely misinterpreted it, and c) I think you've pulled this out of your ass.

It's a few pages back: https://bitcointalk.org/index.php?topic=170332.msg6163899#msg6163899

Thanks.  This, at least to me, does not imply that KnC is mining to bail out Mt. Gox.   All it states is that one of the VC backers of KnC is also part of a group vying to buy Mt. Gox.
I never said it was KNC, go back and read it... and my info comes directly from coindesk....
It's the same investor group who was involved in starting KNC, and I even mentioned Brock Pierce directly, as well as the guys from wall street...
and they get profits from KNC endeavors...
So, a portion of Boden profits are indeed in this.
... and in a sense... since you mentioned it...  
Technically... KNC really is mining to bail out Gox, however indirectly... good point, thanks.  Tongue
I guess it really depends on how big the investor's slice of the pie is....


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dropt
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April 13, 2014, 04:53:43 AM
 #32243

I never said it was KNC, go back and read it... and my info comes directly from coindesk....
It's the same investor group who was involved in starting KNC, and I even mentioned Brock Pierce directly, as well as the guys from wall street...
and they get profits from KNC endeavors...
So, a portion of Boden profits are indeed in this.
... and in a sense... since you mentioned it...  
Technically... KNC really is mining to bail out Gox, however indirectly... good point, thanks.  Tongue
I guess it really depends on how big the investor's slice of the pie is....

So it's all just bullshit you made up.  Thanks for clarifying that for me.
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April 13, 2014, 06:40:16 AM
 #32244

I never said it was KNC, go back and read it... and my info comes directly from coindesk....
It's the same investor group who was involved in starting KNC, and I even mentioned Brock Pierce directly, as well as the guys from wall street...
and they get profits from KNC endeavors...
So, a portion of Boden profits are indeed in this.
... and in a sense... since you mentioned it...  
Technically... KNC really is mining to bail out Gox, however indirectly... good point, thanks.  Tongue
I guess it really depends on how big the investor's slice of the pie is....

So it's all just bullshit you made up.  Thanks for clarifying that for me.

This.
everything since;

'i can make your car run on water'

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lishbtc
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April 13, 2014, 06:57:15 AM
 #32245

Think I'm gonna throw up a little bit...





Credit Spondoolies for the pics..

SyRenity
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April 13, 2014, 08:04:39 AM
 #32246

Credit Spondoolies for the pics..

Actually the credit wholly belongs to KNC, who featured their new Datorhall for a Sweden magazine article couple of weeks ago.
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April 13, 2014, 08:06:52 AM
 #32247

Refund requested: April 2.
Refund in my Bank: April 10.
8 days.

In other news.  I turned off all of my batch 1 Avalons today.  At my electric rates, $0.18/kWhour, they make bitcoins for $440 each.

I have some Juipiters they make bitcoins for $55 each.

For comparison a Neptune if delivered September 1 when the difficulty is 45.5 million will make bitcoins for $213 each.

I'm now a simple poor man again with a lot of cold computer parts in my basement.

Dom

the dream is still alive on ebay...sell.....let others dream the dream and er get crushed...good for character building (man a lot of 'characters' on here ..see its true!)

or

drink more of the bitcoin koolaide and keep mining because hey w/in 5yrs btc will be back up to 1K right

myself I'd have to choose one of the two above ....it would be like my house was haunted and i either could not mine due to price and let the miners go cold (man the horror)

or

sell the beasts...

sitting alone in the bsmt turned off...is er 'asic abuse' imho

bet you could mine a lot of sha256 ASICcoin with the beast...(talk about a long shot coin)

anyway...now i'm gonna have nightmares ...scary story telling ...is getting real on here!

Searing


How about you guys refund everyone on their Titans and discontinue production.  You are going to destroy the scrypt coins.  It won't even be funny and everyone with Gridseed miners are going to be pissed.

well their current plan I'm sure is to get the 1st batch of Titans out the door and then announce soon thereafter they are gonna make a Titan ASIC Farm

its how they roll!

Searing


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April 13, 2014, 08:08:21 AM
 #32248

Think I'm gonna throw up a little bit...





Credit Spondoolies for the pics..
so this is where all the pre order money went??
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April 13, 2014, 08:15:56 AM
 #32249

I never said it was KNC, go back and read it... and my info comes directly from coindesk....
It's the same investor group who was involved in starting KNC, and I even mentioned Brock Pierce directly, as well as the guys from wall street...
and they get profits from KNC endeavors...
So, a portion of Boden profits are indeed in this.
... and in a sense... since you mentioned it...  
Technically... KNC really is mining to bail out Gox, however indirectly... good point, thanks.  Tongue
I guess it really depends on how big the investor's slice of the pie is....

So it's all just bullshit you made up.  Thanks for clarifying that for me.

eh...i thought that was the purpose of this thread was to spread 'manure' ...er...KNC spreads it around ..takes it back and hoards it...we basically get it shoveled on us in the dark to be treated like mushrooms....and the IRS tries to tax us on the 'manure' we try to spread around for fiat.... too boot ...(at least in usa) and/or ban it as 'unpatriotic' manure in russia...(use local fiat manure...ban 'free thinking' manure....

anyway the motto seems to be "sh*t happens*.....how/why/where/when/who and or if.......now thats a whole 'nother' thread imho

Searing
 

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April 13, 2014, 08:20:15 AM
 #32250


i'd like to give a long rambling explanation in answer to this, but i can't really think of one at the moment;

Yes.

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April 13, 2014, 08:28:21 AM
 #32251


i'd like to give a long rambling explanation in answer to this, but i can't really think of one at the moment;

Yes.

yeah and some 'black hat' banker backers in the background it would seem to ..just to round the plot out

Searing

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April 13, 2014, 09:07:53 AM
 #32252

I never said it was KNC, go back and read it... and my info comes directly from coindesk....
It's the same investor group who was involved in starting KNC, and I even mentioned Brock Pierce directly, as well as the guys from wall street...
and they get profits from KNC endeavors...
So, a portion of Boden profits are indeed in this.
... and in a sense... since you mentioned it...  
Technically... KNC really is mining to bail out Gox, however indirectly... good point, thanks.  Tongue
I guess it really depends on how big the investor's slice of the pie is....

So it's all just bullshit you made up.  Thanks for clarifying that for me.
Hey, DROPT...  look, and read.
http://www.coindesk.com/investor-group-offers-buy-mt-gox-one-bitcoin/



No apology necessary dropt... just read next time I give you a link instead of talking out your ass.

off-topic rebuttal...
and rascal.... if water can't be turned into fuel, what's this?
http://www.cnn.com/2014/04/10/tech/innovation/navy-new-technology/
Guess the navy is full of it too.  


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April 13, 2014, 11:36:20 AM
 #32253

 Roll Eyes c'mon

You forgot to mark the sentence "KNC really is mining to bail out Gox".
All I can read is that a group of investors is interested into Gox and offers 1 btc for it.
Nowhere it says they will pay for any losses at all.

What will happen is:
The investors are profiting from all the personal data about you stored in Gox's databases
The remaining company funds will be used to pay out what's left - a fraction of your lost BTC.
The only money they will invest is to keep up the daily work, to expand the business, develop new features and do some marketing.
They will never ever invest from their personal pockets 650.000 BTC to pay out all missing funds.

Thinking that KnC as a company, who are not even directly involved in this Investment, are willing to spend 90% of their company profits  to pay out your lost Gox coins makes me wonder in what mental state you are.
These are separate pockets, even if there's one person coincidently connected to both KnC and Gox.

------

Back to KnCMiner's  Big Picture.
KnC was founded by miners who where unhappy when they bought mining-hardware themselves, so they wanted to become their own manufacturer (statement from last yrs April or so). Plus banking background and the picture is complete. You make others pay your chip dev, manufacturing house and datorhalls then get rid of them.

*) limited batch1+2 and nothing else except a hand full of RMA-boards sold as upgrades (collect necessary fundings, but keep diff low)
*) controller boards with 6 ports for a 4 board miner (datacenter was plan A)
*) 'keep some coins handy' (do not buy from competition)
*) collect big money after implying trustworthiness and competence from Jupiter batch1+2 and
 put it Q1 for second gen when it never was a real possibility (get more free loans)
*) mining against customers, so the customers are competition
*) refunding over time some with the profits made from Datorhall which has been built with Neptue preorder money
*) announcing an offer forcing the remaining, from an economical point of view, to refund (now they can keep it all themselves, less competition)
*) maybe some cash was still missing, so they did a Titan ponzi scheme, at the end there will be no Titan but a refund or conversion to neptune cloud
*) offering old hardware (400*18 boards) with 90 day warranty in order to replace it with 20nm tech (seems like dataorhall comes first). They will replace a row of 6 boards with 4 new Neptune boards (Jupiter: 18*400=7200; Neptune: 1200*4=4800).

I'm sure the 'soon' delivery means something else than everyone hopes who was going for this option..
now --> next week ---> very soon -----> soon ------> soonish -------> end of time

!! File Complaints Against KnCMiner NOW !!
..and Thou shalt spread the coin in the name of cryptography for eternity
yelloyello
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April 13, 2014, 11:55:00 AM
 #32254

@btc_uzr:

Very clear view! Nice to read!
raskul
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April 13, 2014, 11:59:53 AM
 #32255

off-topic rebuttal...
and rascal.... if water can't be turned into fuel, what's this?
http://www.cnn.com/2014/04/10/tech/innovation/navy-new-technology/
Guess the navy is full of it too.  

i wasn't talking about your navy, i was talking about you  Cheesy

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
edgar
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April 13, 2014, 02:44:58 PM
 #32256

Roll Eyes c'mon

You forgot to mark the sentence "KNC really is mining to bail out Gox".
All I can read is that a group of investors is interested into Gox and offers 1 btc for it.
Nowhere it says they will pay for any losses at all.

What will happen is:
The investors are profiting from all the personal data about you stored in Gox's databases
The remaining company funds will be used to pay out what's left - a fraction of your lost BTC.
The only money they will invest is to keep up the daily work, to expand the business, develop new features and do some marketing.
They will never ever invest from their personal pockets 650.000 BTC to pay out all missing funds.

Thinking that KnC as a company, who are not even directly involved in this Investment, are willing to spend 90% of their company profits  to pay out your lost Gox coins makes me wonder in what mental state you are.
These are separate pockets, even if there's one person coincidently connected to both KnC and Gox.

------

Back to KnCMiner's  Big Picture.
KnC was founded by miners who where unhappy when they bought mining-hardware themselves, so they wanted to become their own manufacturer (statement from last yrs April or so). Plus banking background and the picture is complete. You make others pay your chip dev, manufacturing house and datorhalls then get rid of them.

*) limited batch1+2 and nothing else except a hand full of RMA-boards sold as upgrades (collect necessary fundings, but keep diff low)
*) controller boards with 6 ports for a 4 board miner (datacenter was plan A)
*) 'keep some coins handy' (do not buy from competition)
*) collect big money after implying trustworthiness and competence from Jupiter batch1+2 and
 put it Q1 for second gen when it never was a real possibility (get more free loans)
*) mining against customers, so the customers are competition
*) refunding over time some with the profits made from Datorhall which has been built with Neptue preorder money
*) announcing an offer forcing the remaining, from an economical point of view, to refund (now they can keep it all themselves, less competition)
*) maybe some cash was still missing, so they did a Titan ponzi scheme, at the end there will be no Titan but a refund or conversion to neptune cloud
*) offering old hardware (400*18 boards) with 90 day warranty in order to replace it with 20nm tech (seems like dataorhall comes first). They will replace a row of 6 boards with 4 new Neptune boards (Jupiter: 18*400=7200; Neptune: 1200*4=4800).

I'm sure the 'soon' delivery means something else than everyone hopes who was going for this option..
now --> next week ---> very soon -----> soon ------> soonish -------> end of time

Ex-fkn-actly!!

and yet ewik STILL claims that he 'never stops learning'

one must ponder what it is he is learning and who it is that will lose out from all this 'learning'

KnC&P - i bet you dream of it, dont you phonie?

Ur name in lights while your customers all writhe in the agony you and your BFFs have laid upon them...

now if only you could snare a ladyfriend with all your dishonesty... what a catch you would be!
helmax
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April 13, 2014, 05:12:00 PM
 #32257

knc made a perfect scheme from the beginning
now just follow

looking job
monsterasic
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Monster ASIC


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April 13, 2014, 05:35:02 PM
 #32258

ASICs are the future. Our products are going to hit the market very soon for everbody to buy.

Monster ASIC - monster-asic dot com
raskul
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April 13, 2014, 05:36:10 PM
 #32259

ASICs are the future. Our products are going to hit the market very soon for everbody to buy.


tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
RoadStress
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April 13, 2014, 06:13:20 PM
 #32260

ASICs are the future. Our products are going to hit the market very soon for everbody to buy.

They are the future for over 1 year now. Kthxbye!

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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