Bitcoin Forum
November 20, 2017, 04:50:08 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 [426] 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 ... 2138 »
  Print  
Author Topic: Swedish ASIC miner company kncminer.com  (Read 3008372 times)
600watt
Legendary
*
Offline Offline

Activity: 1610


View Profile
September 05, 2013, 04:00:32 PM
 #8501


[/quote]

loooooooooooooooooooooool

1.5 Billion Difficulty in Feb -  12/PH
2.6 Billion Difficulty in March - 20.8/PH
4.7 Billion Difficulty in April - 37.6/PH

12PH is relational to 30,000 Jupiters
20.8PH is relational to 52,000 Jupiters
37.6PH is relational to 94,000 Jupiters.


[/quote]


they sold 94 000 jupiters ? 1!!? Shocked
1511153408
Hero Member
*
Offline Offline

Posts: 1511153408

View Profile Personal Message (Offline)

Ignore
1511153408
Reply with quote  #2

1511153408
Report to moderator
1511153408
Hero Member
*
Offline Offline

Posts: 1511153408

View Profile Personal Message (Offline)

Ignore
1511153408
Reply with quote  #2

1511153408
Report to moderator
1511153408
Hero Member
*
Offline Offline

Posts: 1511153408

View Profile Personal Message (Offline)

Ignore
1511153408
Reply with quote  #2

1511153408
Report to moderator
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511153408
Hero Member
*
Offline Offline

Posts: 1511153408

View Profile Personal Message (Offline)

Ignore
1511153408
Reply with quote  #2

1511153408
Report to moderator
Vedran Yoweri
Member
**
Offline Offline

Activity: 106


View Profile
September 05, 2013, 04:05:33 PM
 #8502

https://www.kncminer.com/news/news-34

Quote
FOURM

Finally, our forum is now live, with another competition!

Please find it at the following link;

https://forum.kncminer.com/forum

You can register and secure your usernames immediately, again, first come, first served, and remember; please be kind to one another!

Thanks,

Nice idea, but.
2/3 of my ignore list is already there, and there's no ignore button.
Dreadmand
Newbie
*
Offline Offline

Activity: 24



View Profile
September 05, 2013, 04:13:59 PM
 #8503

Could this recent spike in the Hash Rate be KNC testing units??

Under promise over deliver EARLY?? or just my wishful thinking??

https://blockchain.info/charts/hash-rate

The spike was caused by Bitfury as others has said. KNC most likely will be using our pool information from our accounts when they test our units. Just monitor the forum for post from any of those Day 1 and 2 orders. They will be the first to see activity in their pools if KNC does this
Phoenix1969
Legendary
*
Offline Offline

Activity: 938


LIR DEV


View Profile
September 05, 2013, 04:18:57 PM
 #8504

Could this recent spike in the Hash Rate be KNC testing units??

Under promise over deliver EARLY?? or just my wishful thinking??

https://blockchain.info/charts/hash-rate
Simply represents yesterday's diffchange, nothing more.
See ya in the Forum...


                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
-Redacted-
Sr. Member
****
Offline Offline

Activity: 420



View Profile
September 05, 2013, 04:20:22 PM
 #8505

https://www.kncminer.com/news/news-34

Quote
FOURM

Finally, our forum is now live, with another competition!

Please find it at the following link;

https://forum.kncminer.com/forum

You can register and secure your usernames immediately, again, first come, first served, and remember; please be kind to one another!

Thanks,

Nice idea, but.
2/3 of my ignore list is already there, and there's no ignore button.


LOL. 

I can't connect - just get a "waiting for proxy tunnel" message and nothing happens even after waiting 5 minutes.
sickpig
Legendary
*
Offline Offline

Activity: 1218


View Profile
September 05, 2013, 04:21:10 PM
 #8506

https://www.kncminer.com/news/news-35

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
Phoenix1969
Legendary
*
Offline Offline

Activity: 938


LIR DEV


View Profile
September 05, 2013, 04:21:22 PM
 #8507




http://forum.kncminer.com/forum




use this link instead


                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
600watt
Legendary
*
Offline Offline

Activity: 1610


View Profile
September 05, 2013, 04:22:23 PM
 #8508




LOL. 

I can't connect - just get a "waiting for proxy tunnel" message and nothing happens even after waiting 5 minutes.
[/quote]


it´s their automated troll-protection.  Cheesy
Syke
Legendary
*
Offline Offline

Activity: 2436


View Profile
September 05, 2013, 04:29:24 PM
 #8509


Good news. Chargeback protection is needed for customers of these manufacturers.

Buy & Hold
Bitcoinorama
Hero Member
*****
Offline Offline

Activity: 532



View Profile
September 05, 2013, 04:43:06 PM
 #8510


Ok that's BIG News with respect to payment choice, that's direct credit card payment through a merchant account with an issuing bank, and a payment processor.

In this case it's SEB, which is Sweden's largest and most respected bank, and the direct payment processor, not sure doesn't say who. In any case that's proper, that takes massive negotitation w.r.t. interchange fees. I wonder what boxes they had to tick to achieve that. You have to promise a monthly minimum, typically in the tens, if not hundreds of thousands of $dollars (whatever that is in Swedish Krona), and presumably a very large float due to the nature of this business. Definitely a world first for a Bitcoin related business, and certainly significantly harder than just using Paypal to process payments. Congrats, major kudos, someone at SEB is taking these guys seriously.

Hashfast/Cointerra could get Paypal on board if protecting their customer's funds mattered at all to them (well Cointerra would have to drop their price, unless Paypal is willing to make an exception to their $10K transactional limit - they did promise to accept Paypal), but neither Hashfast, nor Cointerra would be able to offer direct credit card payments with a merchant bank unless they were will to cough up significant funds for whatever issuing bank they would acquire a merchant account from. Apparently KnC has a very healthy set of accounts according to SEB and are not holidaying in the Carribean.

Definitely a major step in the right direction by KnC in offering their customers, and potential customers a means of protecting their pre-order payments. I'm all over Bitcoin payments to them, once they have a product in hand, but after the scams, marketing lies and incompetence endured and continuing on this forum, this makes KnC hands down the only choice for pre-orders in my mind.

The others not accepting Paypal, when they could, and promised to, speaks volumes, they are gambling with customer funds and promising 'simulated' best case chip specs, not the pessimistic worst case KnC are. Under deliver, over promise was what I emailed Sam to do prior to the open day, at the open day, and they have taken to heart as their mantra. These guys are going far, you can't dissapoint when you're honest, and over deliver.

Integrity, you decide who has it, for me it's now blatant. Nuff said, no fanboy crap, look at who treats their customers best, and who treats them with marketing fluff and contempt. It's crystal clear.

Aside from the obvious chip arrival, and delivery, this was the news I was waiting for a mining manufacturer to state. Like to see another attempt this, bet there won't be, because it's clear none of the others gives a damn. I didn't even think it was possible for this business model to get a merchant bank account, apparently it is, in which case what the hell have all the others been doing, oh yeah, gambling with your cash.

Quote
Today we can announce we are the first Bitcoin mining manufacturer to offer secure payments directly by credit card. Previously we had used Paypal to process all card transactions, and as ever Paypal is still an acceptable payment method, but now we are authorised by Sweden’s Skandinavisk Enskilda Bank (SEB) with an official merchant account. We continue to offer a choice of payment methods, the choices are as follow;
 
1). Bitcoin – Our Preferred Currency.
 
2). Direct Credit Card Payment.
 
3). Paypal.
 
4). Wire/Bank Transfer.
 
We look forward to your continued support.
 
Thanks,
 
KnCMiner Team.

P.s. Bargraphics, damn straight! Wink

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
Bitcoinorama
Hero Member
*****
Offline Offline

Activity: 532



View Profile
September 05, 2013, 04:49:18 PM
 #8511

I didn't even think it was possible for this business model to get a merchant bank account, apparently it is, in which case what the hell have all the others been doing, oh yeah, gambling with your cash.

Honestly they may have had to show them a prototype or something VERY close to the final working product in order for the bank to take a risk like this on them. Logically it makes sense but who knows, cash talks bullshit walks.

Whatever man, the mood here's changed significantly in this thread, and apparently I was telling the damn truth all along!

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
erschiessen
Sr. Member
****
Offline Offline

Activity: 322



View Profile
September 05, 2013, 04:56:29 PM
 #8512

I just ordered a Saturn in hopes of it being the first miner purchased directly via CC.
BTC History.
(yes, I can afford it)

Your Message Here
12KHW3i2Hamk1irY8b181N4vMXUnVYL1ah
DPoS
Sr. Member
****
Offline Offline

Activity: 462



View Profile
September 05, 2013, 04:57:00 PM
 #8513

Are we at the point where KNC can say 'shipping in 2 weeks' and actually deliver the first time they say it?


Would be a nice touch

~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
Bitcoinorama
Hero Member
*****
Offline Offline

Activity: 532



View Profile
September 05, 2013, 05:00:01 PM
 #8514

Are we at the point where KNC can say 'shipping in 2 weeks' and actually deliver the first time they say it?


Would be a nice touch

Thing is shipping in two weeks never needs to be said, it just needs to be done. That's the difference.

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
jjiimm_64
Legendary
*
Offline Offline

Activity: 1862


View Profile
September 05, 2013, 05:19:08 PM
 #8515

Are we at the point where KNC can say 'shipping in 2 weeks' and actually deliver the first time they say it?


Would be a nice touch

Thing is shipping in two weeks never needs to be said, it just needs to be done. That's the difference.

agreed..... BFL wore out the 'shipping in two weeks' deal!

1jimbitm6hAKTjKX4qurCNQubbnk2YsFw
Bitcoinorama
Hero Member
*****
Offline Offline

Activity: 532



View Profile
September 05, 2013, 05:34:18 PM
 #8516

Are we at the point where KNC can say 'shipping in 2 weeks' and actually deliver the first time they say it?


Would be a nice touch

Thing is shipping in two weeks never needs to be said, it just needs to be done. That's the difference.

agreed..... BFL wore out the 'shipping in two weeks' deal!

You missed the 'h', and the 'd' there. Wink

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
tempestb
Hero Member
*****
Offline Offline

Activity: 720



View Profile
September 05, 2013, 05:37:00 PM
 #8517

Getting a merchant account is freaking easy.  You don't have to prove anything.  They wire that up to your bank account.  I have one.  And I don't have a miner to show them or whatever.  Have a good credit score?  You can get one.  The reason people don't is because of charge-backs and fees.  The credit card companies take around 5% to pay for the service and your cash back bonuses and Amazon points or whatever you have on your card.  A manufacturer is not allowed to charge more for a credit card purchase vs a regular purchase (Visa/MC rules forbid it) so you either raise all your prices by 5% or eat the cost.  

Then, if someone calls their bank and says, "I didn't order this" the folks at the bank yank the money out of your account and if it happens more than a few times you pay higher and higher fees.  So in this market, it's a huge risk to offer credit card without being prepared to be dealing with charge backs and the fees.

Cool that KNC is willing to take that risk.  It does show they are willing to eat a sh*t sandwich to make a sale, which is great.  But let's not make it sound like getting a merchant account is some rigorous process, because it isn't.

1D7JwRnoungL1YQy7sJMsqmA8BHkPcKGDJ
We mine as we dream...  Alone
Bitcoinorama
Hero Member
*****
Offline Offline

Activity: 532



View Profile
September 05, 2013, 05:41:52 PM
 #8518

Getting a merchant account is freaking easy.  You don't have to prove anything.  They wire that up to your bank account.  I have one.  And I don't have a miner to show them or whatever.  Have a good credit score?  You can get one.  The reason people don't is because of charge-backs and fees.  The credit card companies take around 5% to pay for the service and your cash back bonuses and Amazon points or whatever you have on your card.  A manufacturer is not allowed to charge more for a credit card purchase vs a regular purchase (Visa/MC rules forbid it) so you either raise all your prices by 5% or eat the cost.  

Then, if someone calls their bank and says, "I didn't order this" the folks at the bank yank the money out of your account and if it happens more than a few times you pay higher and higher fees.  So in this market, it's a huge risk to offer credit card without being prepared to be dealing with charge backs and the fees.

Cool that KNC is willing to take that risk.  It does show they are willing to eat a sh*t sandwich to make a sale, which is great.  But let's not make it sound like getting a merchant account is some rigorous process, because it isn't.

Try it with pre-orders, bet you have to have a siginificant float as you own pre-payment with $7k orders. I know this as I have a friend in distruptive finance, and the money lending game, they wanted a huge deposit, in the hundreds of thousands, cloes to £1m, and his loans were small, but frequent. I was sat in the meeting with the head of MCard Europe opposite me, IDT Bank, and Yalamanchili as the payment processor. I know exactly what they had to negotiate upon, and it equalled two months worth of lending. I'd be surprised if this was any different with pre-orders, as once a product is delivered (or in my freinds case several months of loans had been repaid), you have movement with them. Your merchant account came from items in stock, I bet.

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
tgerring
Full Member
***
Offline Offline

Activity: 142


Hive/Ethereum


View Profile WWW
September 05, 2013, 05:42:26 PM
 #8519

Getting a merchant account is freaking easy.  You don't have to prove anything.
[...]
 Have a good credit score?  You can get one.

You don't have to prove anything... except your creditworthiness? Which isn't insignificant for many people...

Oh yeah, and let's not forget, you often can't be part of a "risky" industry like porn. Or digital currencies.

Hive, a beautiful wallet for Mac OS X, now available for testing. Follow the story here.
BitcoinKit.framework and Tor.framework, now available to iOS and Mac OS X developers
Tweeting at @hivewallet. Donations appreciated at 142m1MpXHhymF4aASiWwYohe1Y55v5BQwc
Bitcoinorama
Hero Member
*****
Offline Offline

Activity: 532



View Profile
September 05, 2013, 05:45:44 PM
 #8520

Getting a merchant account is freaking easy.  You don't have to prove anything.
[...]
 Have a good credit score?  You can get one.

You don't have to prove anything... except your creditworthiness? Which isn't insignificant for many people...

Oh yeah, and let's not forget, you often can't be part of a "risky" industry like porn. Or digital currencies.

Porn, or money lending, the example with my friend was unheard of, IDT was the only bank we came across that would consider this for short term-lending in the country he was trageting (it was in Europe, but outside the UK).

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
Pages: « 1 ... 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 417 418 419 420 421 422 423 424 425 [426] 427 428 429 430 431 432 433 434 435 436 437 438 439 440 441 442 443 444 445 446 447 448 449 450 451 452 453 454 455 456 457 458 459 460 461 462 463 464 465 466 467 468 469 470 471 472 473 474 475 476 ... 2138 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!