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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3045502 times)
smoothrunnings
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April 21, 2014, 08:33:32 PM
 #32521



Every Titan order is in Bitcoin, unless you converted a Neptune purchase.

Yes but not every Bitcoin order is a Titan. Semantics matter.

Anyway, back @ topic, as the Innosilicon A2 already exists, and will be mass produced til kingdom come, by the time people get their Titan, it will be obsolete.

Therefore i would advise anyone against ordering one, even if it is only due to the miserable pre-order conditions.

KnC really has enough money to fund their R&D.

Innosilicon is a very small company, once their miners start flying off their shelves they will have very hard time keeping up with supply on demand that many people will panic and drop their orders leaving negative remarks on these forums about their customer service performance.

Just as the ASIC's before I am sure KnC reserves the price to provide faster than posted Titan mining rigs.

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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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April 21, 2014, 08:35:43 PM
 #32522

Final Refund requested.



You do ponder a long while don't you Ed, i'm of the same mind... which makes me always late to the party. dunno how many times i've missed 'batch1's' by a gnats bollock-hair. Not indecisive, just like to think things through... and watch, and think some more, and watch, and... (you get the jist)


Show your Frickin' math, there are like 150 other Alt coins, tell me how the addition of 625Gh of Scrypt mining hardware will impact these Alt coins and make difficulty skyrocket?


On the topic of altcoins  joeventura is absolutely correct; i, myself dabble with some shitcoins irregularly and there is ALWAYS a coin to hop to when the going gets tough on another, take a look a the coinwarz profitability calc (not that i'm saying it's valid as a calculator) but you tend to see which shitcoins are most worthy to mine at any given time... a lot of people do a lot of hopping around and you will usually find, if you are sat on a shitcoin when it gets to the top of that calc list, the multipools will tend to crack in and plunder it for a while - raising the diff microscopically in terms of overall diff and reducing your share until they go away. if you ordered a titan, there will be scope for returns (mine shitcoin launches - pump and dump asap), but will you get a positive return on your investment? i wouldn't take the chance on a shitcoin miner of that magnitude, so i'll never know first hand.


My addition to the very accurate comment above in underlined bold above

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April 21, 2014, 08:44:41 PM
 #32523



Every Titan order is in Bitcoin, unless you converted a Neptune purchase.

Yes but not every Bitcoin order is a Titan. Semantics matter.

Anyway, back @ topic, as the Innosilicon A2 already exists, and will be mass produced til kingdom come, by the time people get their Titan, it will be obsolete.

Therefore i would advise anyone against ordering one, even if it is only due to the miserable pre-order conditions.

KnC really has enough money to fund their R&D.

Innosilicon is a very small company, once their miners start flying off their shelves they will have very hard time keeping up with supply on demand that many people will panic and drop their orders leaving negative remarks on these forums about their customer service performance.



Your comments seem like you are reading from a script.
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April 21, 2014, 09:51:48 PM
 #32524

Final Refund requested.



You do ponder a long while don't you Ed, i'm of the same mind... which makes me always late to the party. dunno how many times i've missed 'batch1's' by a gnats bollock-hair. Not indecisive, just like to think things through... and watch, and think some more, and watch, and... (you get the jist)


Show your Frickin' math, there are like 150 other Alt coins, tell me how the addition of 625Gh of Scrypt mining hardware will impact these Alt coins and make difficulty skyrocket?


On the topic of altcoins  joeventura is absolutely correct; i, myself dabble with some shitcoins irregularly and there is ALWAYS a coin to hop to when the going gets tough on another, take a look a the coinwarz profitability calc (not that i'm saying it's valid as a calculator) but you tend to see which shitcoins are most worthy to mine at any given time... a lot of people do a lot of hopping around and you will usually find, if you are sat on a shitcoin when it gets to the top of that calc list, the multipools will tend to crack in and plunder it for a while - raising the diff microscopically in terms of overall diff and reducing your share until they go away. if you ordered a titan, there will be scope for returns (mine shitcoin launches - pump and dump asap), but will you get a positive return on your investment? i wouldn't take the chance on a shitcoin miner of that magnitude, so i'll never know first hand.


My addition to the very accurate comment above in underlined bold above



i concur. there are plenty of shitcoins available to keep any scrypt miner interested for a long time to come. at home mining will continue, in the form of scrypt. i also have no fear regarding the value of bitcoin, i still 'feel' like an early adopter - one block halving etc etc.

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The Avenger
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April 21, 2014, 10:01:53 PM
Last edit: April 21, 2014, 11:36:41 PM by The Avenger
 #32525

Just as the ASIC's before I am sure KnC reserves the price to provide faster than posted Titan mining rigs.
smoothrunnings - please hook me up with your dealer. You get the best mind altering shit known to man, proven by posts like this. I want some of that action, hook a brother up.

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Paladin69
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April 22, 2014, 12:13:37 AM
 #32526

ahh, where is core member of KnC fanclub, mighty Bitcoinorama now?.) ahh, got it, they don't need him anymore, since datacenter running on chips (founded by customers) is already established.

at least, you can check these lovely pictures and fap during network protection statement:







tadaa.)

Notice how each shelf has 6 yellow capacitor (November ASIC's).  They left all six 2x5 pin connectors on their controller boards while removing two from customer boards.  Doesn't really matter.  For $350 a board they are just raping cheap assholes now.  They charged $1000 for nearly the same upgrade boards when the difficult was 7x less.

Somebody said that whole setup is about 17PH.  It's fucking disgusting how they compete with their customers like that.  "Customer Appreciation" & "Network Protection"...thanks KnC.

Can you process my refund now instead of sitting on it?  It has been well over 10 days.  God damn.  They went from awesome to giant assholes almost as low as BFL.

They will do the same exact thing to Titan customers.
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April 22, 2014, 01:09:33 AM
 #32527


They will do the same exact thing to Titan customers.

no refunds on Titanics. They'll go down with the ship with those orders.
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April 22, 2014, 01:15:09 AM
 #32528


They will do the same exact thing to Titan customers.

no refunds on Titanics. They'll go down with the ship with those orders.

I just meant they'll build a giant Scrypt-ASIC farm too fucking over your own profits.
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April 22, 2014, 01:32:22 AM
 #32529

its not even worth trying to reason with Phonie X, hes actually retarded.

i have tried to be both reasonable and aggresive with facts and he falls back upon 'retarded' attacks and projection of his own vulgar inner self onto others.

its a waste of time & energy.

if you have ever been involved with a scammer you would know that this is their complete MO.

act nice, make empty promises, fail to deliver, get MAD, scream at you until u say to yourself, fuck this i'll take it as a loss rather than be abused by a madman. (in their mind its a win, haha, they 'gave' their money away)

ive called him out so many times and he 'ignores' what is said until someone else points out the same thing, then he'll magically recall the facts he previously 'ignored', twist them into confusing gibberish and start calling people names while saying stuff like 'stop calling me names'

hes not right in the head.


PS - KnC were NEVER awesome Avenger, they just acted like they were while using Bitchoinorama to prOmote them as angels walking upon the earth while Phonie X took it upon himself to do the same job for free (though he did get replacement boards while the rest of us got told that GH/s rates over 400 were ineligible for board replacements)

Funk KnC

Funk that little girl Bitchcoinorama

Funk the self appointed muppet PhonieX

and FUNK the mods/facilitators who helped it all go down by deleting posts that 'could' have slowed things down at least.!

Hows that for a foulmouth, you absolute coont Ewik?

Still holding onto your neptune preorder bullsh1t and have the audacity/stupidity to claim others held their orders the longest..

YOU. ARE. STILL. PATHETIC. AND. NOT. TO. BE. TRUSTED. EVER.
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April 22, 2014, 01:42:38 AM
 #32530

Swedish economy is `controlled` by 1 or 2 families who run largest banks there. I wonder if they have stake in KNC. Also do you think BTC could switch to X11 or some new algo?
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April 22, 2014, 02:05:21 AM
 #32531


They will do the same exact thing to Titan customers.

no refunds on Titanics. They'll go down with the ship with those orders.

I just meant they'll build a giant Scrypt-ASIC farm too fucking over your own profits.

gotcha - that's a certainty. Pimps up, hos down - that's all we are to them and ever have been to them.
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April 22, 2014, 03:53:46 AM
 #32532

Surprisingly, every crypto company has started out with this intention and probably 90% have gone bad, breaking their own terms of sale etc.

As new kid on the block, you guys are in the same position KNC were in this time last year - "buy from us, we are honest and we haven't f@#ked up YET".

We'll see how you guys operate if you become big and when the shit inevitably hits the fan, as it always does. You better hope it's not the Easter Sale batch, as that will be the end of your company as the first bulk buy in your products Wink

There are at least 3 ASIC makers that preferred long term thinking over immediate gains - AM, Bitmain and Bitfury, and had achieved significant results. We prefer the same long term approach and hence investing a lot of effort in building community relations, as some of new partners (WASP for example) can confirm.

Also in contrary to KNC (or the majority of other ASIC makers out there), Spond has launched with an existing product at hand - Hammers / SP10, to give assurance to the community that company is legit and able to deliver.

Last but not least, and as repeated multiple times on official Spond thread, Rockerbox (SP30) is minimization of Hammer with same core engines, hence the risks are significantly reduced compared to the initial SP10 launch. Moreover, the people beyond Spond (http://www.spondoolies-tech.com/pages/team) have already encountered some (or some dozen) SHTF situations in past during their carriers, and will be able to apply this exact experience here as well.
raskul
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April 22, 2014, 05:48:27 AM
 #32533

Surprisingly, every crypto company has started out with this intention and probably 90% have gone bad, breaking their own terms of sale etc.

As new kid on the block, you guys are in the same position KNC were in this time last year - "buy from us, we are honest and we haven't f@#ked up YET".

We'll see how you guys operate if you become big and when the shit inevitably hits the fan, as it always does. You better hope it's not the Easter Sale batch, as that will be the end of your company as the first bulk buy in your products Wink

There are at least 3 ASIC makers that preferred long term thinking over immediate gains - AM, Bitmain and Bitfury, and had achieved significant results. We prefer the same long term approach and hence investing a lot of effort in building community relations, as some of new partners (WASP for example) can confirm.

Also in contrary to KNC (or the majority of other ASIC makers out there), Spond has launched with an existing product at hand - Hammers / SP10, to give assurance to the community that company is legit and able to deliver.

Last but not least, and as repeated multiple times on official Spond thread, Rockerbox (SP30) is minimization of Hammer with same core engines, hence the risks are significantly reduced compared to the initial SP10 launch. Moreover, the people beyond Spond (http://www.spondoolies-tech.com/pages/team) have already encountered some (or some dozen) SHTF situations in past during their carriers, and will be able to apply this exact experience here as well.

i'm excited about the WASP thing going on, I think this is the future for us, Spondoolies have their core principle based on spreading the hashrate as much as is possible (quite the opposite of what KnC have done) and the WASP initiative could definitely be something that I look at in the future.

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April 22, 2014, 07:14:33 AM
 #32534

Somebody said that whole setup is about 17PH.  It's fucking disgusting how they compete with their customers like that.  "Customer Appreciation" & "Network Protection"...thanks KnC.

Not defending KnC at all, but I would have to say they did come through on their promise of not shipping any device in Dec 2013, Jan and Feb 2014.  They waited until March to start building and bringing their massive mining operation online.

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April 22, 2014, 07:19:14 AM
 #32535

BARF    -being careful not to ship too many devices as to dilute the return to investors/customers.  Who the fck are they shipping units to if it is not their customers??? 

obviously a delay tactic as they are making tons of equipment and mining in the meantime as stealthily as possible.
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April 22, 2014, 10:52:18 AM
 #32536

PS - KnC were NEVER awesome Avenger
When did I EVER say KNC were awesome??  Shocked

I think I've always said the opposite, with good reason.

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April 22, 2014, 11:31:48 AM
 #32537

PS - KnC were NEVER awesome Avenger
When did I EVER say KNC were awesome??  Shocked

I think I've always said the opposite, with good reason.

im not sure, a few pages back

'awesome in the beginning' i think it was u wrote.

may well not have been you, im kinda paying less attention here than i was.

They went from awesome to giant assholes almost as low as BFL.

Just need to clear my name, in case anyone accuses me of being a KNC fanboy lol Cheesy Grin Hehe

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April 22, 2014, 11:58:03 AM
 #32538

BARF    -being careful not to ship too many devices as to dilute the return to investors/customers.  Who the fck are they shipping units to if it is not their customers??? 

obviously a delay tactic as they are making tons of equipment and mining in the meantime as stealthily as possible.

You can't mine stealthily with a ton of equipment. In Bitcoinland that's a contradiction in terms.

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April 22, 2014, 03:47:24 PM
 #32539

Somebody said that whole setup is about 17PH.  It's fucking disgusting how they compete with their customers like that.  "Customer Appreciation" & "Network Protection"...thanks KnC.

Not defending KnC at all, but I would have to say they did come through on their promise of not shipping any device in Dec 2013, Jan and Feb 2014.  They waited until March to start building and bringing their massive mining operation online.
You best re-think that statement.... They shipped to Boden since Janruary every day for lining their own pockets, and that protected the network how?


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The Avenger
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April 22, 2014, 05:05:34 PM
 #32540

Somebody said that whole setup is about 17PH.  It's fucking disgusting how they compete with their customers like that.  "Customer Appreciation" & "Network Protection"...thanks KnC.

Not defending KnC at all, but I would have to say they did come through on their promise of not shipping any device in Dec 2013, Jan and Feb 2014.  They waited until March to start building and bringing their massive mining operation online.
Wrong. They started building the datacentre at the very beginning of February 2014.

This article was from the 4th February "Over the weekend, a team of 25 people in the greatest secrecy worked on assembly." http://sverigesradio.se/sida/artikel.aspx?programid=98&artikel=5774907

The fact they had the keys to the building and already had materials to start building suggests they started planning it from mid-January, if not earlier.

The video where Andreas is interviewed in front of a wall of hashing boards was posted here on the 12th February. So they were already hashing in the datorhall by the 12th February.

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