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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007795 times)
Gleb Gamow
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June 15, 2016, 05:18:52 AM
 #42381

The Nasdaq bitcoin certificate XBT Provider now opened up trading again. KNC could no longer be guarantor and trading has been halted since May 30. XBT provider now has a new guarantor.
http://www.xbtprovider.com/lang_en/news
Would have to guess from your username and the subject of your only post in this thread you are Johan Wattenström, CEO and co-founder of the XBT Group.

Care to say anything about the morally bankrupt company that used to be your guarantor?

I have a better question: How is that the site ranked 5,094,917 seen here - http://www.alexa.com/siteinfo/xbtprovider.com - serving 179 countries, yet gets virtually no traffic to the site, but was able to sell the entity to Global Advisors with them jacking off all over themselves for acquiring them? ref: http://www.reuters.com/article/us-bitcoin-acquisition-globaladvisors-idUSKCN0Z022T

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Joohansson
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June 15, 2016, 06:23:46 AM
 #42382

The Nasdaq bitcoin certificate XBT Provider now opened up trading again. KNC could no longer be guarantor and trading has been halted since May 30. XBT provider now has a new guarantor.
http://www.xbtprovider.com/lang_en/news
Would have to guess from your username and the subject of your only post in this thread you are Johan Wattenström, CEO and co-founder of the XBT Group.

Care to say anything about the morally bankrupt company that used to be your guarantor?

No but I had value bound to that certificate, now sold with 50% profit =)
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June 15, 2016, 01:46:07 PM
 #42383

I gotta say they sure mucked up by 'bankrupting early' with the BTC shooting up etc.....poor fellows only made so many $$$ not the much more $$$ they

could have made..if they'd stuck it out longer they'd be golden (again from what I can tell)

They're still mining.

KNC is in the hands of a bankruptcy trustee now as they try to find a buyer or break up the company. They will continue mining as every bitcoin they earn may be needed to pay their creditors.
The Avenger
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June 15, 2016, 04:01:02 PM
 #42384

Scam Hole chats about bankruptcy. And lies to a room full of people. Because he's a criminal and a liar.

https://www.youtube.com/watch?v=2BgjKOvTlRA

The first question he gets asked by the audience nails him and he - as always - LIES his way out.

Asked how he didn't see the threat of the Chinese competition? AND the fact he KNEW that by design bitcoin rewards halve every four years, how come he didn't see this problem coming? I think some people didn't believe Scam's claim earlier in the talk that everything was still 100% fine in January 2016. Why would they, he's a lying fuck.

And he answers by claiming that he already answered the question (he should be a politician). Then realising the crowd is not that informed, starts to avoid the answer by giving a load of bull about how you can't predict anything, that you can only see 14 days ahead with bitcoin!

The lying asshole. Everyone with basic knowledge of bitcoin knows about the coin halving and he/kfc knew about it since day 1 of kncminer. Of all the things that can be predicted, this is a fact by design.

Unfortunately no-one in the audience pointed out he was a liar/bullshitter/criminal.

Which is a bit sad, as someone from digital.di was there. The same website who reported how these kfc scammers never mentioned bitcoin halving as a threat in their investors prospectus, which I mentioned in another thread.

Stop scamming people by hiding that fact!

It seems kfc did just this:
https://translate.google.co.uk/translate?hl=en&sl=sv&u=http://digital.di.se/artikel/project-klondike--sa-overtalades-investerarna-att-satsa-i-knc-miner&prev=search

In their investors prospectus, they never mentioned the fact that block rewards would be halving in 2016 and that this was a potential threat to investors money.

KNCMiner - scamming people by hiding that fact since 2013!

Seriously, they didn't tell their investors that the income of their investment would be cut in HALF in 2016 because of the way bitcoin rewards work and everyone is okay about it? kfc knew very well people would be much less likely to invest if they knew that, so these kfc criminals just left it out!

Scam claims everything was fine in January 2016 and was asking his investors for "growth" money around Feb/March 2016. He didn't know in January about the extent of Chinese competition and that bitcoin rewards would halve around July 2016??? Bullshit. What a lying crook.

Speaking of that, anyone got any update on the second kfc lawsuit? Have seen nothing in the news about it and these criminals need to be exposed.

"I am not The Avenger"
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dogie
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June 15, 2016, 09:04:58 PM
 #42385

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.

Probably issues with IP to just open source it, an exec would have to personally buy it and then release.

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June 15, 2016, 10:08:02 PM
 #42386

KNC is in the hands of a bankruptcy trustee now as they try to find a buyer or break up the company. They will continue mining as every bitcoin they earn may be needed to pay their creditors.

Does this mean the participants in the failed lawsuit can duck the damages ?
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June 15, 2016, 10:12:03 PM
 #42387

So I am still wondering if there really was a Titan Farm they never let on about. That was shut down by KNC (Someone said the 19% difficulty drop in LTC was equiv to 666 Titans)

They were probably mining LTC before they shipped a single Titan to a customer. They barely met the promised delivery dates.
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June 15, 2016, 10:13:33 PM
 #42388

What's a good working Titan worth in USD these days now that LTC mining is looking up ?
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June 15, 2016, 10:59:12 PM
 #42389

KNC is in the hands of a bankruptcy trustee now as they try to find a buyer or break up the company. They will continue mining as every bitcoin they earn may be needed to pay their creditors.

Does this mean the participants in the failed lawsuit can duck the damages ?

We're waiting to find out
Searing
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June 16, 2016, 03:15:31 AM
 #42390

What's a good working Titan worth in USD these days now that LTC mining is looking up ?


Jeez....one working full out Titan at the mythical 350mh at 5.13 LTC and 14c kwh and tarky titan tweaked firmware for 1250 watts is below (see calc do you own...damn fun to put in the old 40 buck usd per LTC figure) Smiley

www.litecoinpool.org/calc

anyway above comes out to below

Profitability Analysis
                    Expected Rewards          Costs           Net Profit
24 hours       4.06562256 LTC     20.86 USD         4.20 USD    16.66 USD
7 days        28.45935791 LTC  146.00 USD   29.40 USD   116.60 USD
30 days   121.96867676 LTC  625.70 USD 126.00 USD      499.70 USD


So hell I've no idea...but even a 4k unit is starting to look like the likely 'eBay norm now' imho ...thou I can't quite wrap my head around that (having a hard time wrapping my head around 5.13 LTC)


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TXSteve
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June 17, 2016, 06:01:58 PM
 #42391

Well it's been 2 weeks since you said you received them and about 1.5 mos since I placed the order, but still no bridge board received here.

Alright, I just received my second batch of Titan Bridge Boards. 3-4 boards are still available to be sold before I ship everything out to everybody (lowered price of 0.20 BTC each since I ordered a bigger batch this time.). If you want one, be sure to PM me.
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June 20, 2016, 02:36:05 AM
 #42392


put this on the Swedish miner why not fix it thread below

https://bitcointalk.org/index.php?topic=1283859.msg15286157#msg15286157

All the best prices on the Fans/heatsinks/maxumark brackets etc for those who want or need to re-do (or in my case badly clean up) your titan cubes

this stuff and the heatsinks and 3000 rpm fan with the Maxumark slim line X bracket replacement ($10) for the kludge knc heatsink with foam pads...well

it just kills it

I am seeing 10c or as much as 15c on some dies temperature drop and the temp outside now is 90F and it is 84F in my basement!

I'm talking from 80/70c to full out 325 cubes in some cases to 60/50c range ...so like I said 10c for sure some dies 15c ..it is wild

anyway for what it is worth I also included the blog on how to add a water cooler to a titan cube if you are brave mod instructions

along with best price I could find on that

these are best prices I can find over the 2 months or so I've been picking this up bit by bit with shipping included

enjoy the links on the above linked thread




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June 28, 2016, 08:13:39 AM
 #42393

When are you going to ship them?

Alright, I just received my second batch of Titan Bridge Boards. 3-4 boards are still available to be sold before I ship everything out to everybody (lowered price of 0.20 BTC each since I ordered a bigger batch this time.). If you want one, be sure to PM me.



Now, we can probably say:

No 2  BTC, No Titan Bridge Boards and No answer from qberty.

After that, if I asked tracing number, is only radio silence from qberty.


June 03, 2016, 08:41:17 PM I send qberty my friend US adress. before that he did not have the address where sent  the goods .
No answer.


June 12, 2016, 11:01:44 AM »  I send new PM and ask - Are they shipped ?

Can anyone translate this answer for me :


Hey there, missed your PM. Yes they have shipped. To prevent both sides from losing any time or money I shipped them with an ECO post mail. So no tracknumber just yet. I'll let you know when I get it.

June 24, 2016, 06:16:31 AM   I ask
You got those 10x Titan Bridge Boards or not ?




Yes, I already told you I shipped them out at the beginning of the week.


Looks like english is not your first language.  Requote: I shipped them with an ECO post mail. In english, "shipped" is the past tense word of "ship". When someone "shipped" something, that means it has already happen. Past tense.

I told you I shipped them out already.

And now I have must to believe that someone sends 10x Titan Bridge Boards for 2 BTC out without a tracking number ?



EDIT.

June 03, 2016, 08:41:17 PM I send qberty my friend US adress. before that he did not have the address where sent  the goods .

June 12, 2016, 11:01:44 AM »  I send new PM and ask - Are they shipped ?

June 24, 2016, 06:16:31 AM  PM  I ask
You got those 10x Titan Bridge Boards or not ?

June 24, 2016, 04:19:07 PM » I send PM
Hi,

You have not said anything to me, read your answer in first quote. Quote from: qberty on June 12, 2016, 01:34:21 PM

So want to say that I'm stupid and do not know how to read ?

I guess I'll have to let your PM  translate from someone who speaks  English as a first language.


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June 28, 2016, 08:46:29 AM
 #42394

I didn't receive mine either and qberty doesn't answer pms -- Searing ordered some too and last I heard he hadn't received them either
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June 28, 2016, 09:56:13 AM
 #42395




Conclusion. Even when you first time received the goods, do not trust anyone who writes

To prevent both sides from losing any time or money I shipped them with an ECO post mail.ˇ



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June 28, 2016, 10:57:39 AM
 #42396

I didn't receive mine either and qberty doesn't answer pms -- Searing ordered some too and last I heard he hadn't received them either

got this from Qberty

Started shipping the bridge boards out already!

So anyway seems they are out the door now (the above was all of the pm I got on my asking)

Anyway all I know

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June 28, 2016, 11:03:04 AM
 #42397

I didn't receive mine either and qberty doesn't answer pms -- Searing ordered some too and last I heard he hadn't received them either

got this from Qberty

Started shipping the bridge boards out already!

So anyway seems they are out the door now (the above was all of the pm I got on my asking)

Anyway all I know



Why I do not believe it ?

He  said, that my boards have shipped, before he got the address from my.

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June 28, 2016, 01:44:46 PM
 #42398

yeah, it doesn't add up, but hopefully we'll receive them and it'll make sense.   I never even heard of "eco post mail".  Where is Qberty shipping from?
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June 28, 2016, 03:03:28 PM
 #42399

yeah, it doesn't add up, but hopefully we'll receive them and it'll make sense.   I never even heard of "eco post mail".  Where is Qberty shipping from?

From Canada.

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June 28, 2016, 08:25:42 PM
 #42400

Googling "eco post mail" returns results from Israel and Australia.
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