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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007554 times)
The Avenger
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May 30, 2016, 11:59:51 PM
 #42321

XBT Provider ?@xbtprovider  May 27 Stockholm, Sverige
Trading halted but XBT Provider and investor assets are not affected by the KnC bankruptcy. Our instruments are always fully hedged

Fully hedged by claims on a KNC bitcoin stash ? With KNC now in receivership, aren't those coins KNC company assets against which secured creditors can stake a claim ? Or did they whip 'em out from underneath KNC and move them to XBT Provider ?

Murky.
It would be "intent to defraud" if Scam/kfc were hiding assets before declaring bankruptcy. However, Sweden has very lax laws on BTC right now. They didn't even charge kfc tax on their mining earnings! So maybe kfc can/has moved btc to xbt, as it isn't "real" money to the Swedish authorities?

I mean, Scam is an executive in XBT. Why is an IT guy an executive in a company dealing in financial products? What does he bring? You would assume btc, certainly ain't looks.

I saw one comment on twitter that asked if XBT's guarantor was kfc and kfc are now bankrupt, shouldn't the fund be liquidated? And they said no, we just get a new guarantor. Makes a real joke of the concept of a guarantor!

Potential Investor: So what guarantees your fund?
XBT: Nothing.
Potential Investor: And what if things go wrong?
XBT: You lose everything.
Potential Investor: Cool, I'm in! Do you take credit card or would you prefer a suitcase stuffed with cash?
XBT: Suitcase. Tack så mycket!

We haven't seen high levels of morals or integrity from kfc/Scam in the past, but I'm sure it's all "legal" and non-murky Roll Eyes

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May 31, 2016, 03:20:44 AM
 #42322

b-b-but sam cole is brilliant - why the hate guys....why the hate?

i just dont get it
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May 31, 2016, 05:29:19 AM
 #42323

Oh! I just received mail from app dollies last month, and they addressed closed operation business, and that soon KNC bankrupted already.



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The Avenger
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May 31, 2016, 08:56:19 AM
 #42324

b-b-but sam cole is brilliant - why the hate guys....why the hate?

i just dont get it
If we are doing sarcasm (  Tongue ), why the f@#k am I not on this list?!?! And what am I going to do with my photoshop skills now?  Cheesy Grin

https://translate.google.co.uk/translate?hl=en&sl=sv&u=http://www.breakit.se/artikel/3884/avito-grundaren-om-investeringen-i-knc-miner-vi-angrar-ingenting

Quote
"Here are the losers in the KNC Miner crash - we have the entire list"

Here is the full list of investors that are now at risk of losing their money.

1. Accel

Investment: 83.4 million crowns.

2. Creandum

Investment: 57.7 million crowns.

3. Gullspångsälven Invest / Isac Brandberg

Investment: SEK 20.4 million.

4. Leif Edlund

Investment: 14.3 million crowns.

5. Anders Ström

Investment 13.8 million.

6. Back in Black Capital

Investment: 10.4 million crowns.

7. GP Bullhound

Investment: SEK 9.5 million.

8. Philip Engelbert

Investment: around 2.5 million.

9. Jonas Nordlander

Investment: around 2.5 million.

10. Cnv Invest AB

Investment: 864 914 SEK.

11. Cole S Holding

Investment: 864 914 SEK.

12. Michael Unnebäck

Investment: 864 914 SEK.

13. Johan / Martin Wattin (Investment in knowledge AB)

Investment: 814 389 SEK.

14. Eugen Steiner

Investment: 572 212 SEK.

15. Alchip Technologies

Investment: 276 791 SEK.

16. Setraco

Investment: 192 108 SEK.

17. APL Investment Group

Investment: 74 693 SEK.

18. Investment Co. Profit Managemnet

Investment: 74 693 SEK.

19. Jumbo View Group Ltd.

Investment: 55 282 SEK.

20. Xelmo Invest

Investment: 34 539 SEK.

While the big investors seem okay about it, someone's got to be pissed, right?

And it seems from the datorhall stabbing that Swedish guys like to settle their differences with a knife Shocked

So Scam better start working on his knife skills asap



He's already pretty good at the underhanded move and stabbing customers in the back.

But let's see what he's like face to face with an angry investor  Smiley

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May 31, 2016, 04:21:49 PM
 #42325

Was KNC mining LTC with a Titan farm that just went off line ?

Next LTC difficulty - 16%


https://bitcoinwisdom.com/litecoin/difficulty

I wouldn't put it past these bastardos to have been front-running us on LTC even before they shipped customer Titans.
Maybe now somebody at KNC will feel free to talk ...
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May 31, 2016, 05:24:11 PM
 #42326

Was KNC mining LTC with a Titan farm that just went off line ?

Next LTC difficulty - 16%


https://bitcoinwisdom.com/litecoin/difficulty

I wouldn't put it past these bastardos to have been front-running us on LTC even before they shipped customer Titans.
Maybe now somebody at KNC will feel free to talk ...


If true, enjoy the lower diff til the A4's get here =(

I think its mostly just luck tho, looking at the larger pools individual stats, their hashrate is much higher than the overall estimated breakdown hashrate of those pools @ litecoinpool.org
Which usually means diff projection is just bad luck atm.

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May 31, 2016, 05:49:15 PM
 #42327

Boden Electricity Company to KNC: "No pay-ee, no play-ee"

~LOL~
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May 31, 2016, 05:53:33 PM
 #42328

which make the  A4's get here =(

miner?HuhHuhHuh??
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May 31, 2016, 05:57:07 PM
 #42329

which make the  A4's get here =(

miner?HuhHuhHuh??

I hope the A4's miss their target release by a longshot!
The Titan is still the most profitable ASIC to date and has been for quite some time. The S9 doesnt even compare. LOL!
Think the Titan has enjoyed ... what, like a 2 year profitable mining stretch? ... not much hardware can claim that.

GenTarkin's MOD Kncminer Titan custom firmware! v1.0.4! <--- CLICK HERE
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May 31, 2016, 11:31:28 PM
 #42330

Actually this brings up a funny question: What happens to warranty support?

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May 31, 2016, 11:35:43 PM
 #42331

Actually this brings up a funny question: What happens to warranty support?



That's your job now!!!!!!  Cheesy

Enjoy!!!!!  Grin

"If you run into an asshole in the morning, you ran into an asshole. If you run into assholes all day long, you are the asshole."  -Raylan Givens
Got GOXXED ?? https://www.youtube.com/watch?v=9KiqRpPiJAU&feature=youtu.be
"An ASIC being late is perfectly normal, predictable, and legal..."Hashfast & BFL slogan Smiley
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June 01, 2016, 01:17:30 AM
 #42332

Actually this brings up a funny question: What happens to warranty support?



That ended at 12 months after last Titan sale. So my guess is by now KNC is off the hook in that it has been more then one year?

Or so I figure. Others on here with better info?

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June 01, 2016, 01:56:21 AM
 #42333

Actually this brings up a funny question: What happens to warranty support?



That ended at 12 months after last Titan sale. So my guess is by now KNC is off the hook in that it has been more then one year?

Or so I figure. Others on here with better info?
I'd say someone find a Wayback archived copy of the site and any mention of support time.

Joshua Zipkin former owner of AMT for months spanning August 2013 through their closure in Sept. 2014 touted on their website pushing their 'American Made' licensed copies of Bitmine.ch's doomed to failure A1 chip boards a 'Lifetime FREE upgrade as miner tech evolves'. We know how that went... AFAIK Josh is still stalling the Court on getting new representation since his original lawyers were relieved of Burden last year due to Josh not paying them...  Think the latest stall makes 3 or 4. Hopefully the Court will eventually tire of this and issue a Summary Judgment?

edit: I found a Wayback to AMT's 1.2THs rigs ($5,599. ea) http://web.archive.org/web/20140321031122/http://advancedminers.com/bitcoin-mining-hardware/1-2ths-bitcoin-miner/ That particular page from March 2014 claims 'Lifetime Warranty on the hash boards.  Tongue

DISCLAIMER: For whatever reason, in Sept of 2014 I was one of the damn Lucky Few that actually got A1 based rigs from Joshua Zipkin. I actually went 'cheap' and had ordered just a 512GHs rig (advertised as in-production vs the 1.2THs being pre-order only) but as all the other lucky few received, I got a 1.2THs Dragon clone thanks to contacts he made during his trip to Shenzhen in the last days (well, 3mo actually) of AMT. So I ended up with 2x the purchased hashrate with only a 7mo delay vs the others (the 1.2THs rig customers) only getting as-advertised and most (who actually got a working one) having waited since late 2013. Thank you BTC gods fer that one! Mine ran perfectly 24x7x365 up to last month when I took it off line to use its 1.3-4 kw power budget for a s7 elsewhere.

-Joshua Zipkin aka Joshua Alexander leaked AMT A1 miner skype chats http://bit.ly/1Qjt6lj
-For bitcoin to succeed the community must police itself.
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
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June 01, 2016, 02:42:15 AM
 #42334

That's your job now!!!!!!  Cheesy

Enjoy!!!!!  Grin
Thanks....

:-)

Seriously, it would be nice if they would release the design stuff into the public domain. There are a few mysteries on that board I am not going to solve without a real parts list or something.

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June 01, 2016, 03:07:26 AM
 #42335

That's your job now!!!!!!  Cheesy

Enjoy!!!!!  Grin
Thanks....

:-)

Seriously, it would be nice if they would release the design stuff into the public domain. There are a few mysteries on that board I am not going to solve without a real parts list or something.
Doubt they ever will.

With the A1 neither Bitmine.ch nor any of the more ah, successful, integrators using the A1 ever released a BOM for the rigs to the Public. All InnoSilicon has ever released is their 2-chip ref design. Sad part is, I have said documents for AMT/Bitmine.ch's original attempts at the CoinCraft rigs and as much later backed by Inno themselves, Bitmine.ch simply took the 2-chip layout and expanded the nodes per-buck regulator with zero regard to what that does to the PDN and even less to the what should have been very obvious thermal points eg needing real full sized heatsinks on top of the chips. .

Since AMT was BItmine's single Authorized dealer of the A1 and rigs based on it (AMT's verbatium clones of all boards used in the CoinCraft Desk) it was the blind leading the even blinder (AMT). Starting June 30 2014 under NDA I did forensics on them and made clear to AMT/Bitmine.ch where they and the PCB house AMT was using blew it. Had they let me look at things a couple mo earlier who knows - they might have recovered from the A1 kerfuffle. Main problem was needing more attention to detail on feeding stable power to the ASIC's as well severe underestimating of the thermals. Both easily solved as proven with the Dragons layouts. That said I still must professionally consider said BOM's including schematics and PCB layers as not for Publication since AMT/Bitmine.ch (well, what is left og them) still hold Copyright on that information. Technically I suppose I should delete it but -- it's safely archived and still gives a good lesson on crossing all the t's and i's. Especially when it comes to brand new node size (28nm) chip releases Wink

-Joshua Zipkin aka Joshua Alexander leaked AMT A1 miner skype chats http://bit.ly/1Qjt6lj
-For bitcoin to succeed the community must police itself.
-Support Sidehacks miner development. Donations to:   1BURGERAXHH6Yi6LRybRJK7ybEm5m5HwTr
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June 01, 2016, 06:51:25 AM
 #42336

has anyone compared the s9 and the titan ?

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June 01, 2016, 03:18:16 PM
 #42337

has anyone compared the s9 and the titan ?



Titan  0.03 BTC BTC/Day
https://www.nicehash.com/?p=stats

S9    0.035 BTC/Day
https://www.nicehash.com/?p=stats&a=1

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June 01, 2016, 04:22:17 PM
 #42338

has anyone compared the s9 and the titan ?



Titan  0.03 BTC BTC/Day
https://www.nicehash.com/?p=stats

S9    0.035 BTC/Day
https://www.nicehash.com/?p=stats&a=1

And after halving ?
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June 01, 2016, 04:29:38 PM
 #42339


Uhhhhh for the S9, won't it be half that in the short term?
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June 01, 2016, 06:45:28 PM
 #42340

has anyone compared the s9 and the titan ?



Titan is still the most profitable miner available. Has been for almost a couple years.

GenTarkin's MOD Kncminer Titan custom firmware! v1.0.4! <--- CLICK HERE
Donations: bitcoin- 1Px71mWNQNKW19xuARqrmnbcem1dXqJ3At || litecoin- LYXrLis3ik6TRn8tdvzAyJ264DRvwYVeEw
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