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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3006880 times)
John Self
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April 21, 2013, 08:17:52 PM
 #581



And there's nothing wrong if they know eachother, a company doesn't have to advertise that we are friends. How do you think business partnerships and deals happen all the time through friends.

Freudian slip?

Huh?

It just seems like you're a member of one of the companies involved with this, because most of your posts on this forum defending KNCminer and bashing BFL. Your email is a string of unmemorisable meaningless characters, and your email provider is an anonymously owned cloudflare domain with no corresponding webpage. You also just happen to be swedish, why are all the swedes in this one thread?

Similar story with chipd, and both of you have registered at the beginning of April and haven't posted much of anything until this thread was opened, when you suddenly decided to start spending all day every day saying KNCminer are great, with occasional breaks to bash BFL in other threads. Why is it, I wonder, that the newly registered Swedes are so abundant, and so much in love with this cipher company that they spend basically all day posting on this thread.  Roll Eyes

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April 21, 2013, 08:33:32 PM
 #582

kncminer is only a webpage from Kennemar & Cole AB specifically for their mining products, not a company by itself.
What you quote above is for "Handelsbolag", while they are registered as a "Aktiebolag" and been around longer than kncminer.com. It costs $10,000 to register an Aktiebolag (AB).

It's not really true that it costs $10,000 to register an AB in Sweden. You have to have 50 000 SEK ($7646) to put into the company, but that is share capital that the company can control and use. Here's Wikipedia in English on Swedish AB's: http://en.wikipedia.org/wiki/Aktiebolag

Anyway, buying a ready-made company instead of starting it yourself is a pretty common practice. It saves you some trouble and speeds up the process, but it also costs a couple of hundred dollars (a few thousand SEK), and you still have to have the 50 000 SEK for the share capital.

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April 21, 2013, 08:35:47 PM
 #583



And there's nothing wrong if they know eachother, a company doesn't have to advertise that we are friends. How do you think business partnerships and deals happen all the time through friends.

Freudian slip?

Huh?

It just seems like you're a member of one of the companies involved with this, because most of your posts on this forum defending KNCminer and bashing BFL. Your email is a string of unmemorisable meaningless characters, and your email provider is an anonymously owned cloudflare domain with no corresponding webpage. You also just happen to be swedish, why are all the swedes in this one thread?

Similar story with chipd, and both of you have registered at the beginning of April and haven't posted much of anything until this thread was opened, when you suddenly decided to start spending all day every day saying KNCminer are great, with occasional breaks to bash BFL in other threads. Why is it, I wonder, that the newly registered Swedes are so abundant, and so much in love with this cipher company that they spend basically all day posting on this thread.  Roll Eyes

If you read my posts carefully you'll see that I'm actually only correcting people,who invent thing out of thin air and providing facts.
I did and do doubt them on certain things still... but nice try. Wink

edit:
I've been lurking on and off since early 2011 and done some mining, but usually fancy posting on forums... but perhaps thats changing.
 
pizza
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April 21, 2013, 08:36:43 PM
 #584



And there's nothing wrong if they know eachother, a company doesn't have to advertise that we are friends. How do you think business partnerships and deals happen all the time through friends.

Freudian slip?

Huh?

It just seems like you're a member of one of the companies involved with this, because most of your posts on this forum defending KNCminer and bashing BFL. Your email is a string of unmemorisable meaningless characters, and your email provider is an anonymously owned cloudflare domain with no corresponding webpage. You also just happen to be swedish, why are all the swedes in this one thread?

Similar story with chipd, and both of you have registered at the beginning of April and haven't posted much of anything until this thread was opened, when you suddenly decided to start spending all day every day saying KNCminer are great, with occasional breaks to bash BFL in other threads. Why is it, I wonder, that the newly registered Swedes are so abundant, and so much in love with this cipher company that they spend basically all day posting on this thread.  Roll Eyes

Before i was ever here i was on bfl forums bashing them for my paypal decline. Don't you think I would of been defending them all along and not 2 weeks later. Im swedish? Lmao. My email is a temporary email from geurilla mail, and am behind a vpn from private internet access, so yeah i guess i can decide to be from sweden.

Ive posted alot before this actually. Never said they were great they just sound very legit with a reputable company and every scam accusation has been baseless. Its small errors that you guys are getting all worked up about, or omg they own another company. Its great that Gage is uncovering this information the more the better. Even he doesn't know what to think of it, but the way he portrays it makes sound like SCAM.

But everything posted does not point to that actually points to a legit company. Them not posting evety second is great just like Avalon, the one company who posts all day on here is BFL.

I said before lets just wait and see what they post when ready and then people can go there and confirm, instead of shouting scam when nothing has been done. With all this effort wasted on a company that might never announce anything and shut down completely, you guys could of used researching the scam that is BFL with millions of dollars of peoples money, countless of lies, and no products shipped to customers besides select few people.

P.S Ive also stopped "defending" them, if you havent noticed my abscence, as its a waste of time talking about a company with no product or asking for peoples money yet.

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April 21, 2013, 08:36:47 PM
 #585

kncminer is only a webpage from Kennemar & Cole AB specifically for their mining products, not a company by itself.
What you quote above is for "Handelsbolag", while they are registered as a "Aktiebolag" and been around longer than kncminer.com. It costs $10,000 to register an Aktiebolag (AB).

It's not really true that it costs $10,000 to register an AB in Sweden. You have to have 50 000 SEK ($7646) to put into the company, but that is share capital that the company can control and use. Here's Wikipedia in English on Swedish AB's: http://en.wikipedia.org/wiki/Aktiebolag

Anyway, buying a ready-made company instead of starting it yourself is a pretty common practice. It saves you some trouble and speeds up the process, but it also costs a couple of hundred dollars (a few thousand SEK), and you still have to have the 50 000 SEK for the share capital.

True... I stand corrected. Smiley
John Self
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April 21, 2013, 08:56:25 PM
 #586



And there's nothing wrong if they know eachother, a company doesn't have to advertise that we are friends. How do you think business partnerships and deals happen all the time through friends.

Freudian slip?

Huh?

It just seems like you're a member of one of the companies involved with this, because most of your posts on this forum defending KNCminer and bashing BFL. Your email is a string of unmemorisable meaningless characters, and your email provider is an anonymously owned cloudflare domain with no corresponding webpage. You also just happen to be swedish, why are all the swedes in this one thread?

Similar story with chipd, and both of you have registered at the beginning of April and haven't posted much of anything until this thread was opened, when you suddenly decided to start spending all day every day saying KNCminer are great, with occasional breaks to bash BFL in other threads. Why is it, I wonder, that the newly registered Swedes are so abundant, and so much in love with this cipher company that they spend basically all day posting on this thread.  Roll Eyes

Before i was ever here i was on bfl forums bashing them for my paypal decline. Don't you think I would of been defending them all along and not 2 weeks later. Im swedish? Lmao. My email is a temporary email from geurilla mail, and am behind a vpn from private internet access, so yeah i guess i can decide to be from sweden.

Ive posted alot before this actually. Never said they were great they just sound very legit with a reputable company and every scam accusation has been baseless. Its small errors that you guys are getting all worked up about, or omg they own another company. Its great that Gage is uncovering this information the more the better. Even he doesn't know what to think of it, but the way he portrays it makes sound like SCAM.

But everything posted does not point to that actually points to a legit company. Them not posting evety second is great just like Avalon, the one company who posts all day on here is BFL.

I said before lets just wait and see what they post when ready and then people can go there and confirm, instead of shouting scam when nothing has been done.

Well you're terrible at English like whoever wrote the KNCwebsite, which is why I think you're probably one of them. I didn't actually know about guerilla mail, this explains the anonymously held domain-name, however it doesn't explain why you used anonymous mail to sign up. And now you've told us you're behind a vpn, which makes you seem even more like someone with an interest in hiding their identity here.

P.s. I was posting my own assessment of you this time, not Gage's.

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April 21, 2013, 09:20:44 PM
 #587

why are all the swedes in this one thread?

I wonder. Could it be because of it being about a Swedish company?

I'd also like to offer up the possibility that for a Swede this thread is simply filled with #win. I've never seen our tech sector, business sector, government bureaucracy and regulations being twisted to such fantastical extremes before.

Just to recap; all information about the persons, their claims and the company structures pass all possible sanity checks. Otoh, if you really have no idea how a country with a functional social structure works I guess that's hard to grasp Wink

bla bla hero member bla bla long posting history bla bla my English is better than yours bla bla

pizza
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April 21, 2013, 09:23:10 PM
 #588



And there's nothing wrong if they know eachother, a company doesn't have to advertise that we are friends. How do you think business partnerships and deals happen all the time through friends.

Freudian slip?

Huh?

It just seems like you're a member of one of the companies involved with this, because most of your posts on this forum defending KNCminer and bashing BFL. Your email is a string of unmemorisable meaningless characters, and your email provider is an anonymously owned cloudflare domain with no corresponding webpage. You also just happen to be swedish, why are all the swedes in this one thread?

Similar story with chipd, and both of you have registered at the beginning of April and haven't posted much of anything until this thread was opened, when you suddenly decided to start spending all day every day saying KNCminer are great, with occasional breaks to bash BFL in other threads. Why is it, I wonder, that the newly registered Swedes are so abundant, and so much in love with this cipher company that they spend basically all day posting on this thread.  Roll Eyes

Before i was ever here i was on bfl forums bashing them for my paypal decline. Don't you think I would of been defending them all along and not 2 weeks later. Im swedish? Lmao. My email is a temporary email from geurilla mail, and am behind a vpn from private internet access, so yeah i guess i can decide to be from sweden.

Ive posted alot before this actually. Never said they were great they just sound very legit with a reputable company and every scam accusation has been baseless. Its small errors that you guys are getting all worked up about, or omg they own another company. Its great that Gage is uncovering this information the more the better. Even he doesn't know what to think of it, but the way he portrays it makes sound like SCAM.

But everything posted does not point to that actually points to a legit company. Them not posting evety second is great just like Avalon, the one company who posts all day on here is BFL.

I said before lets just wait and see what they post when ready and then people can go there and confirm, instead of shouting scam when nothing has been done.

Well you're terrible at English like whoever wrote the KNCwebsite, which is why I think you're probably one of them. I didn't actually know about guerilla mail, this explains the anonymously held domain-name, however it doesn't explain why you used anonymous mail to sign up. And now you've told us you're behind a vpn, which makes you seem even more like someone with an interest in hiding their identity here.

P.s. I was posting my own assessment of you this time, not Gage's.

Uhh look at who sponsors this forum PRIVATE INTERNET ACCESS. Bitcoin is an anonymous encrypted currency, I guess its wrong to protect your privacy online right? Or should I make my info public so Josh can send me Brett Favre cock shots. Yes such teribad engrish.
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April 21, 2013, 09:31:43 PM
 #589

why are all the swedes in this one thread?

I wonder. Could it be because of it being about a Swedish company?

I'd also like to offer up the possibility that for a Swede this thread is simply filled with #win. I've never seen our tech sector, business sector, government bureaucracy and regulations being twisted to such fantastical extremes before.

Just to recap; all information about the persons, their claims and the company structures pass all possible sanity checks. Otoh, if you really have no idea how a country with a functional social structure works I guess that's hard to grasp Wink

bla bla hero member bla bla long posting history bla bla my English is better than yours bla bla



Just so agree with you.

Yes it is nice of you to do all these research.

At the same time, it is really a shame that you are just bashing everyone here. As most people here, I will wait for them to post more details before getting into the scam category.

And by the way ----> I am from Montreal/Canada.

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John Self
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April 21, 2013, 09:48:36 PM
 #590


Well you're terrible at English like whoever wrote the KNCwebsite, which is why I think you're probably one of them. I didn't actually know about guerilla mail, this explains the anonymously held domain-name, however it doesn't explain why you used anonymous mail to sign up. And now you've told us you're behind a vpn, which makes you seem even more like someone with an interest in hiding their identity here.

Uhh look at who sponsors this forum PRIVATE INTERNET ACCESS. Bitcoin is an anonymous encrypted currency, I guess its wrong to protect your privacy online right? Or should I make my info public so Josh can send me Brett Favre cock shots. Yes such teribad engrish.

I appreciate that privacy and is important don't dispute your right to have it, and that I may well be wrong about where you work- although your posting activity leads me strongly to believe I'm close to the truth.

I question why you need to have an anonymous email address to register for a forum when you can just make it private, and why you would feel the need to hide your email address from the administrators? I'd guess most people use a real email address in case they need to reset their password or want notifications, instead of going to extra trouble.

I question why you need to connect to these forums via vpn when they don't appear to release IP addresses, or why you would worry enough about them making an exception in your case.

These questions don't prove you are hiding something, but they do make this discussion an important one for us to have.

On the question of your language:

And there's nothing wrong if they know eachother, a company doesn't have to advertise that we are friends. How do you think business partnerships and deals happen all the time through friends.

If you don't understand what is unusual about the red and underlined part of this quote, then yes- your English is very poor, just like the English from the kncminer site. I apologise for bringing this matter into the discussion, but I think the question of your role with KNC merits it's inclusion.

Edit: I'm sorry for bashing your English in the tone I did, I should have made my point more politely.

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April 21, 2013, 10:06:18 PM
 #591


Well you're terrible at English like whoever wrote the KNCwebsite, which is why I think you're probably one of them. I didn't actually know about guerilla mail, this explains the anonymously held domain-name, however it doesn't explain why you used anonymous mail to sign up. And now you've told us you're behind a vpn, which makes you seem even more like someone with an interest in hiding their identity here.

Uhh look at who sponsors this forum PRIVATE INTERNET ACCESS. Bitcoin is an anonymous encrypted currency, I guess its wrong to protect your privacy online right? Or should I make my info public so Josh can send me Brett Favre cock shots. Yes such teribad engrish.

I appreciate that privacy and is important don't dispute your right to have it, and that I may well be wrong about where you work- although your posting activity leads me strongly to believe I'm close to the truth.

I question why you need to have an anonymous email address to register for a forum when you can just make it private, and why you would feel the need to hide your email address from the administrators? I'd guess most people use a real email address in case they need to reset their password or want notifications, instead of going to extra trouble.

I question why you need to connect to these forums via vpn when they don't appear to release IP addresses, or why you would worry enough about them making an exception in your case.

These questions don't prove you are hiding something, but they do make this discussion an important one for us to have.

On the question of your language:

And there's nothing wrong if they know eachother, a company doesn't have to advertise that we are friends. How do you think business partnerships and deals happen all the time through friends.

If you don't understand what is unusual about the red and underlined part of this quote, then yes- your English is very poor, just like the English from the kncminer site. I apologise for bringing this matter into the discussion, but I think the question of your role with KNC merits it's inclusion.

Edit: I'm sorry for bashing your English in the tone I did, I should have made my point more politely.

I understand exactly. I didnt understand your slip of tongue reference since I am not involved with the company. You guys are more paranoid than conspiracy theorist, and Im one of them, but on this thread you guys have taken it beyond rational logical thought.
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April 21, 2013, 10:23:03 PM
 #592


On the question of your language:

And there's nothing wrong if they know eachother, a company doesn't have to advertise that we are friends. How do you think business partnerships and deals happen all the time through friends.

If you don't understand what is unusual about the red and underlined part of this quote, then yes- your English is very poor, just like the English from the kncminer site. I apologise for bringing this matter into the discussion, but I think the question of your role with KNC merits it's inclusion.

Edit: I'm sorry for bashing your English in the tone I did, I should have made my point more politely.

Quote
a company doesn't have to advertise that "we are friends".

Actually have to agree with Pizza, a bit too much paranoia... but at the same time I can also understand where it comes from. Wink
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April 21, 2013, 10:27:31 PM
 #593

Oh, and another thing.
They claim they are partners with the company I work at... which is not true (they do have experience with our products thought). Smiley
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April 21, 2013, 10:36:47 PM
 #594

Oh, and another thing.
They claim they are partners with the company I work at... which is not true (they do have experience with our products thought). Smiley

Im not even from sweden lol, whatever im going to wait for more info until then kimout pce lol
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April 22, 2013, 06:03:45 AM
 #595

I question why you need to have an anonymous email address to register for a forum when you can just make it private, and why you would feel the need to hide your email address from the administrators? I'd guess most people use a real email address in case they need to reset their password or want notifications, instead of going to extra trouble.

I question why you need to connect to these forums via vpn when they don't appear to release IP addresses, or why you would worry enough about them making an exception in your case.
All it would take is one administrator at the forum level or the hosting level being compromised, or one bug in the forum software, and the email addresses and IPs can be made public or be for sale to the highest bidder.
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April 22, 2013, 06:37:41 AM
 #596

  Beak or no Beak!!!  Grin



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April 22, 2013, 10:19:05 AM
 #597

if he/they give us a reply  by this month will be good otherwise we don't know what they are up to..
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April 22, 2013, 02:50:30 PM
 #598

It is becoming more difficult to measure the risk now when BFL is going to ship their 30,000+ orders in the coming months. It has always been difficult to predict the possible return of mining rigs, but it has never been so uncertain like it is now

If the network hash rate reach 1PH by the end of the year, an Avalon will mine 0.2376 coins per day, now a batch 3 unit cost 75 coin will need 315 days to breakeven exclude electricity cost, means almost never ROI when electricity is included

In such a environment of fast rising difficulty, the most economical choice is always buy bitcoins directly, but for a hardware fan there might be some other considerations

ASIC mining device manufacturers face a strange market condition: Every device they sold will increase the network difficulty thus decrease the profitability of their next customer, thus they have to constantly aggresively cut the price following the difficulty rise, which means their production might become unprofitable in just a couple of months, I call it "kamikaze" business model

In PC/electronics industry, this effect is also clear, but that is due to market saturation and it takes many years to reach 100% market saturation. But in bitcoin's case, the market saturation is always 100%, which exaggerated this effect

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April 22, 2013, 05:33:40 PM
 #599

The only way asic manufacturers could make bitcoin mining to not basicly become worthless in 2014 is if they limited orders to certain amount of GH power per buyer. That still would only work if there's only one asic manufacturer though.

Asic screwed bitcoin mining completely, greed has done the job once again. Only those who have ASICS in their hands right now will profit from it but it's very short business for them too, others are doomed, if they would be happy to meet ROI they can expect some very, very limited number of additional coins, not worth of investment risk. I'd be very, very mad if I'd be BFL buyer, not only they missed a chance to profit a lot with them being advertised as early, early ASIC manufacturing company but it's even a question if they'll make their investment back at this point.

ASICs are worst thing that happened to Bitcoin so far.

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newfrozzen
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April 22, 2013, 05:50:07 PM
 #600

Do you hear the silence ?
I think that's it.

No new posts since 7. April
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