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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007334 times)
Phoenix1969
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April 13, 2014, 06:25:19 PM
 #32261

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
okay, then you are simply way off base, as I never said anything like that.
and its a personal attack against me, which is off topic and unwarranted, unwanted, and obviously a venting of frustration because you know I posted the coindesk Gox article above and you are in denial and attempting to divert the truth of the article with your antics and attacks... Childish. 


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April 13, 2014, 06:30:49 PM
 #32262

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
okay, then you are simply way off base, as I never said anything like that.
and its a personal attack against me, which is off topic and unwarranted, unwanted, and obviously a venting of frustration because you know I posted the coindesk Gox article above and you are in denial and attempting to divert the truth of the article with your antics and attacks... Childish. 

http://pesn.com/2011/06/15/9501847_Eric_Hansens_Water_Fuel_Hydroxy_Manifesto/

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
edgar
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April 13, 2014, 06:32:59 PM
 #32263

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
okay, then you are simply way off base, as I never said anything like that.
and its a personal attack against me, which is off topic and unwarranted, unwanted, and obviously a venting of frustration because you know I posted the coindesk Gox article above and you are in denial. Childish.



THIS is how you get my posts deleted despite 'ignoring' me isnt it!

Screaming this at your poor mod 'mates'

How childish.


Meanwhile... Im trying to request a refund for my Nevertune Costumer Farewell Batch but something inside me wont let me...


Is this some sort of programming or a madness or what??

i've been hanging around such vermin here, who knows what i've picked up?!



PMSL @ "Let me begin by recommending to all who are listening tonight to grab a pen and some paper. It will be useful for taking some notes. You may even want to wake a few people out of bed, "
samsonn25
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April 13, 2014, 06:44:56 PM
 #32264

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!

FAKE promises.   Wore thing that can happen is refund customers money and free business loan for research and development and manufacture.  And they know not everyone will ask for refund or jupiter conversion which is fall 2013 technology.
Paladin69
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April 14, 2014, 04:31:22 AM
 #32265

This was incredibly irritating to read.  7,000 machines KnC...really?  Thanks for that network protection statement.

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11237976
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April 14, 2014, 04:35:36 AM
 #32266

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.  

That would certainly put a new pump of confidence back into BTC if they were mining all those coins to save Gox customers.  Somehow I seriously doubt it.  Unless they think they can make more long-term by running a more competent exchange?

I'm tired of getting my hopes up for anything...
smoothrunnings
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April 14, 2014, 11:20:45 AM
 #32267

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.  

If Mt Gox can rebuild their transaction system and the rest of the infrastructure correct; not an easy feat as they would have to start over moving away from PHP and MySQL they could bring themselves back from bankruptcy.
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April 14, 2014, 11:44:38 AM
 #32268


Nowhere it says they will pay for any losses at all.

It clearly said they would assume all liability. Ie, take on the debt.
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April 14, 2014, 12:31:34 PM
 #32269

Brock Pierce was behind kncminer.CN, which buttrammer always said was a reseller. So I doubt all this chat about knc floating mtgox is anything but uneducated bs.

"I am not The Avenger"
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murraypaul
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April 14, 2014, 12:36:40 PM
 #32270


Nowhere it says they will pay for any losses at all.

It clearly said they would assume all liability. Ie, take on the debt.

It also says they are only planning to pay 20c on the dollar of that debt.

BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW
SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
sickpig
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April 14, 2014, 01:40:49 PM
 #32271

article/quote from bloomberg businessweek

Quote
KnCMiner, based in Stockholm, operates about 7,000 machines. While the mining company’s electric bill in March came to $450,000, the computers mined 21,000 bitcoins, according to co-founder Sam Cole.

source: http://www.businessweek.com/news/2014-04-11/bitcoin-mining-boom-sputters-as-prospectors-see-real-cash-losses

if they are mining 21,000 BTC a month it would make their farm just over 20% of the network.   Huh


They aren't mining 21k BTCs per month. Read again. "the computers mined" For me it's what they mined from the start until now. We don't know when they started.

Even if they had 20% so what? Does it matter for you or for me? Not so much (as long as they don't push to 51%). What matter for us regular miners is the TOTAL hashrate, not what KnC has.

Also: http://organofcorti.blogspot.ro/2014/04/april-6th-2014-weekly-hashrate.html so chill.

@merv77 It's been a very long while since a lot more of 3.6k btc are mined every day. On avg we're near to 5k (last month)

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
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April 14, 2014, 02:17:14 PM
 #32272


Nowhere it says they will pay for any losses at all.

It clearly said they would assume all liability. Ie, take on the debt.

It also says they are only planning to pay 20c on the dollar of that debt.

or 100% of the losses at 50% of every fee collected = not in this lifetime???
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April 14, 2014, 04:45:37 PM
 #32273

november boards, 3rd batch of neptunes &  1.5TH 'mini' neptunes On Sale Now....



This product is nonrefundable


don't buy !  Angry
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April 14, 2014, 04:50:06 PM
 #32274

november boards, 3rd batch of neptunes &  1.5TH 'mini' neptunes On Sale Now....



This product is nonrefundable

What a crock.  Fuck KnC.
samsonn25
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April 14, 2014, 04:52:08 PM
 #32275

They are getting desperate
merv77
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1.21 GIGA WATTS


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April 14, 2014, 04:54:22 PM
 #32276

without giving a specific date, month at least they're gonna have problems attracting buyers.

a month after the previous batch isn't going to cut it.  When is previous batch going to be shipped???  Who knows  Huh
pedrosoft
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April 14, 2014, 04:57:02 PM
 #32277

KNCMINER = NEW BFL
robix
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April 14, 2014, 04:59:31 PM
 #32278

 Huh Huh Huh

Shipment begins one month after Batch 2

 Grin Grin Grin
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April 14, 2014, 05:05:21 PM
 #32279

My CA Batch Neptune: "Refund ready for process"
The Avenger
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April 14, 2014, 05:10:24 PM
 #32280

november boards ... On Sale Now....
jelin must have cum in his/her pants hearing that news Grin

"I am not The Avenger"
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