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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3008449 times)
faetos
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April 22, 2014, 02:05:21 AM
 #32541


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
 #32542

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.
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April 22, 2014, 05:48:27 AM
 #32543

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
 #32544

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
 #32545

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
 #32546

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
 #32547

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
 #32548

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
 #32549

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
 #32550

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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April 22, 2014, 05:45:04 PM
 #32551

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.

It was in the works in 2013.  There's a lead time attached to ASIC fabrication, their chips would have had to of been ordered sometime prior to Dec of 2013.
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April 22, 2014, 06:22:25 PM
 #32552

while on the the topic of KnC scrypt rig - 'Titan'
these are on the market 1st May...
http://www.innosilicon.com/A2.htm

$12,000 for 85 Mh, Now what ya think?

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April 22, 2014, 06:23:07 PM
 #32553

while on the the topic of KnC scrypt rig - 'Titan'
these are on the market 1st May...
http://www.innosilicon.com/A2.htm

$12,000 for 85 Mh, Now what ya think?

 Cheesy
not bloody likely mate!

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April 22, 2014, 06:37:32 PM
 #32554

while on the the topic of KnC scrypt rig - 'Titan'
these are on the market 1st May...
http://www.innosilicon.com/A2.htm

$12,000 for 85 Mh, Now what ya think?

 Cheesy
not bloody likely mate!

Somehow I knew that would be the response. Smiley

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April 22, 2014, 07:50:33 PM
 #32555

Does anyone have an estimated ETA on either version of Titan?  May? June? July? August? September? November? Next Year?

Impossible is a word found only in the dictionary of fools.
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April 22, 2014, 07:51:02 PM
 #32556

Does anyone have an estimated ETA on either version of Titan?  May? June? July? August? September? November? Next Year?

December
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April 22, 2014, 07:52:25 PM
 #32557

Does anyone have an estimated ETA on either version of Titan?  May? June? July? August? September? November? Next Year?

December

Realistically?  What percentage of probability would you say?

Impossible is a word found only in the dictionary of fools.
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April 22, 2014, 07:57:35 PM
 #32558

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.

Adding a few dozen or hundred TH here and there as machines are built and brought online,  and staying in dark pools and jumping to other pools in and out.  Not 5-1O PH additions in one day.
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April 22, 2014, 08:18:59 PM
 #32559

Does anyone have an estimated ETA on either version of Titan?  May? June? July? August? September? November? Next Year?

December

Realistically?  What percentage of probability would you say?

I would say 90+% it ships December or later considering their previous efforts.
Jupiter was supposed to ship September and shipped in October.
Neptune was supposed to ship Q1/Q2 yet still hasn't shipped and probably won't ship until after June even though according to KNC they are "on track", whatever that means.
If they really are "on track" then they knew from the beginning that they would not be able to ship Q1 and lied to everyone using the possible Q1 release date as a marketing scheme.

What ever happened to under-promise and over-deliver?
Them better be some 6th/s Neptunes.
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April 22, 2014, 08:29:52 PM
 #32560

Does anyone have an estimated ETA on either version of Titan?  May? June? July? August? September? November? Next Year?

December

Realistically?  What percentage of probability would you say?

I would say 90+% it ships December or later considering their previous efforts.
Jupiter was supposed to ship September and shipped in October.
Neptune was supposed to ship Q1/Q2 yet still hasn't shipped and probably won't ship until after June even though according to KNC they are "on track", whatever that means.
If they really are "on track" then they knew from the beginning that they would not be able to ship Q1 and lied to everyone using the possible Q1 release date as a marketing scheme.

What ever happened to under-promise and over-deliver?
Them better be some 6th/s Neptunes.

Ok cool, thanks man Cheesy

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