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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3046708 times)
Searing
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Clueless!


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July 22, 2020, 02:09:22 PM
 #42761

KNC did, however it's funny to read old posts about ROI. If you just mined like hell, paid the electric bill, and buried your wallet in a closet you would have done well even with a negative ROI at the time.

Interesting.

But then again, depending on your costs that time, it would've maybe just been better to buy coins directly.

Would have been true...except that the KNC TItan was the last large scrypt miner made before the drought of 2014 when the LTC price was like $1.80..indeed that whole year my tagline

on www.bitcointalk.org was something like on 2014: "MY never to ROI, piece of sh*t Titan KNC 5th grade Science Fair Project of dubious crap. FML' Something like that.

What saved Maxumark and myself was the fact we were one of the few to get KNC Liguidation Auction KNC miners 5 cubes new ..so that is how we scored...but other than

that and hodl'ing LTC mined and sold for BTC you are probably correct....though I sold most of my LTC to BTC under $3 as things went along..I made 12,698 or some such LTC on lifetime on

www.litecoinpool.org So you do the math...ah so many boats missed......but again you are probably correct except for the longtivity of the Titans and later Garlicoin and Fujicoin (before FJC

went defunct and worthless) I think I got 4 plus years of profit out of about 12 Titans all but ONE picked up used....in fact in Feb of 2014 I picked my 2nd titan up for like $50 over shipping

from a guy in the outback of Australia I think maybe it was $180 to ship it ....he could not run it in the heat there...that was when we thought at around $10 LTC all those bigger machines were

supposed to come out and we figured this unit would be worthless by summer so I got it as a toy on the off chance i could mine oddball other crypto in summer at likely a loss

then all them mnfg's at around $2 LTC bailed and for the next couple years? (?) the KNC Titan used was the best deal and biggest miner in town till the Bitmain L3 (which when launched you could

only get from China not the states at first..another story)

but again, then as of now, buying btc/crypto of whatever flavor is probably the wise move...that or POS/masternodes..me thinks POW might be dead in the future Sad

later

brad

Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
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