Swedish ASIC miner company kncminer.com

[zedicus]

gage u dont mine??? coz u seem like u no a hell of a lot bwt bitcoin and ur very thorough, tbh i really appreciate you delving into kncminer. bt i am very curious as to y u dont mine, do u jus buy bitcoins wen their at a decent price mayb?

Mining is a tad too technical for my taste, coupled with the time it would take me away from my barn wood business. I have sold some leather items and purchased a few coins, slowly building up a nice nest egg. Unfortunately, I opted to store them all on InstaWallet, where Boussac was kind enough to stick it up my ass for inquiring about a police report. In essence, I'm now Bitcoin-poor after champion InstaWallet when Davout put me at ease that all is swell at IWland.

I never lost bitcoins via any other service, although I'm out $20K+ indirectly due to the Bitcoinica fiasco, all because I turned one guy onto Bitcoin here in Sandwich, whereupon he opted to have his daughter invest in Bitcoin via Bitcoinica after me assuring him that they seemed up-and-up. I went overboard in my postings afterward due to that episode causing my ignore to turn orange.

Yet, here I am still trying to make sure nobody gets scammed, but at a heavy toll.

Madness!

Thats unreal man.. i was speed reading through a thread about the subject ... the thread was regarding zhoutong and im not to sure i grasped fully what happened but im really sorry to hear that you sustained losses from it.  Especially in that amount.. thats just unbelievable.. i would have went ballistic! My heart sank when i was reading what you wrote and now i understand... your position. A heavy toll indeed.

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[erschiessen]

gage u dont mine??? coz u seem like u no a hell of a lot bwt bitcoin and ur very thorough, tbh i really appreciate you delving into kncminer. bt i am very curious as to y u dont mine, do u jus buy bitcoins wen their at a decent price mayb?

Mining is a tad too technical for my taste, coupled with the time it would take me away from my barn wood business. I have sold some leather items and purchased a few coins, slowly building up a nice nest egg. Unfortunately, I opted to store them all on InstaWallet, where Boussac was kind enough to stick it up my ass for inquiring about a police report. In essence, I'm now Bitcoin-poor after champion InstaWallet when Davout put me at ease that all is swell at IWland.

I never lost bitcoins via any other service, although I'm out $20K+ indirectly due to the Bitcoinica fiasco, all because I turned one guy onto Bitcoin here in Sandwich, whereupon he opted to have his daughter invest in Bitcoin via Bitcoinica after me assuring him that they seemed up-and-up. I went overboard in my postings afterward due to that episode causing my ignore to turn orange.

Yet, here I am still trying to make sure nobody gets scammed, but at a heavy toll.

Madness!

you buy barns?

[Phinnaeus Gage]

gage u dont mine??? coz u seem like u no a hell of a lot bwt bitcoin and ur very thorough, tbh i really appreciate you delving into kncminer. bt i am very curious as to y u dont mine, do u jus buy bitcoins wen their at a decent price mayb?

Mining is a tad too technical for my taste, coupled with the time it would take me away from my barn wood business. I have sold some leather items and purchased a few coins, slowly building up a nice nest egg. Unfortunately, I opted to store them all on InstaWallet, where Boussac was kind enough to stick it up my ass for inquiring about a police report. In essence, I'm now Bitcoin-poor after champion InstaWallet when Davout put me at ease that all is swell at IWland.

I never lost bitcoins via any other service, although I'm out $20K+ indirectly due to the Bitcoinica fiasco, all because I turned one guy onto Bitcoin here in Sandwich, whereupon he opted to have his daughter invest in Bitcoin via Bitcoinica after me assuring him that they seemed up-and-up. I went overboard in my postings afterward due to that episode causing my ignore to turn orange.

Yet, here I am still trying to make sure nobody gets scammed, but at a heavy toll.

Madness!

you buy barns?

Yes, but most of the time I purchase only the wood from my pickers.

In re. mining: I guess it is fairly straightforward, but I'm under the impression that the hardware running the mines would need a watchful eye on everything, thus time is more of an issue than anything else I guess. Electricity cost, place to mine, and having enough power for a farm are not issues where I'm located.

Case in point, I could easily rent a trailer with all utilities paid at a campsite for only $300 per month, and they wouldn't have a clue as to why there's a small spike in their overall electric bill, even if they cared, considering there's over 100 trailers there.. I thought about setting up my younger brother in such a setup, but opted to just amass bitcoins and store them securely at InstaWallet. In theory, it worked out pretty well until April Fool's Day, that is. But come after July 1, all will be well as promised, just like all the other hacks that worked out.  

Enough of the asides, with apologies.

How is it that two guys who claim on their LinkedIn pages they work for Kennemar & Cole AB, yet none of the following websites were live on the internet according to archive.org, of which just recently started indexing pages within days oppose to earlier it took approximately six months for sites to show up?: magnussoncoleit.com; magnussoncoleit.se; kennemarandcole.com; kennemarandcole.se; kandc.se. Check it out yourself on archive.org and see that the only pages archived are for April of this year, yet this was their major business concern.

Also, you'll see that they're all in well-polished English--not Swedish, though Chinese is a translation option. I believe that these were part of a shelf/shell company(s).

Until recently, Kennemar and Cole's Google+ accounts only linked to each other, now they both have the same bitcoiners following them.

On their FaceBook accounts, neither one of them ever acknowledges their previous business concern, yet it's this enterprise that they want us to believe gives them cred to KNCMiner.

Claiming to team up with ORSoC opens up another can of worms considering that folks who work there are well versed with Bitcoin.

Somebody is lying here, and it doesn't matter which one, for they're pressing forward with their plans to build ASIC-based bitcoin miners under false pretense, of which neither entity has come forward to present their case that I'm off my rocker (with proof provided to said in an off-topic whimsical thread I recently started--an oops moment).

[dan99]

if we do not have any Substantial Concrete news by this month end .. to proof they are taking action practically and not just talk and talk..and talk ..this project of theirs may not materialize at all and maybe the op could just closed this thread and not waste our time and hope on them. How on earth they are going to succeed if they only work 8 hours a day and 5 days a week? while the competitor overseas is working 24 hours a day by shifts and 7 days a week. To them maybe speed and timing  is not reverent. Wow, thing of it maybe I should move to Sweden..  

[TheSwede75]

In the defense of whatever company (KNCminer in this case): What do they 'owe' this community? Are they obligated to answer questions about a non launched product?
They haven't even launched yet and aren't even taking pre-orders!

Damn people, stop acting like entitled children. IF they have a product I assume they will have info when it's due. If not, who cares!

Jeez, do something useful with your time.

[zedicus]

In the defense of whatever company (KNCminer in this case): What do they 'owe' this community? Are they obligated to answer questions about a non launched product?
They haven't even launched yet and aren't even taking pre-orders!

Damn people, stop acting like entitled children. IF they have a product I assume they will have info when it's due. If not, who cares!

Jeez, do something useful with your time.

"In the defense BFL: What do they 'owe' this community? Are they obligated to answer questions about a non launched product?
They haven't even launched yet ..."


 



 

[dan99]

In the defense of whatever company (KNCminer in this case): What do they 'owe' this community? Are they obligated to answer questions about a non launched product?
They haven't even launched yet and aren't even taking pre-orders!

Damn people, stop acting like entitled children. IF they have a product I assume they will have info when it's due. If not, who cares!

Jeez, do something useful with your time.

"In the defense Primaasic, galaxyasic, bigtimecoin, buyasic, cedartech, gxmining, dragonasic and probably many more wannabe: What do they 'owe' this community? Are they obligated to answer questions about a non launched product?
They haven't even launched yet ..."


 

[pizza]

Incase you all missed it they emailed me back saying they are going to announce something by end of this week. 60 pages go!!

[opentoe]

Ok, today I met orsoc CEO Johan personally and I can confirm 100% this is not a scam

He is interested in bitcoin and knows a lot about it. He acknowledged that they have been discussing this product offering with kncminer for weeks and there will be news published later this week

They will have a more concrete technical specification for the product soon

Yea but when will anything be released? 2 months? 5 months? 12 months?

[chipd]

Ok, today I met orsoc CEO Johan personally and I can confirm 100% this is not a scam

He is interested in bitcoin and knows a lot about it. He acknowledged that they have been discussing this product offering with kncminer for weeks and there will be news published later this week

They will have a more concrete technical specification for the product soon

Yea but when will anything be released? 2 months? 5 months? 12 months?

In due time.

[opentoe]

I can predict what will happen. They'll eventually start asking for money before they are made. That alone will deter lots of people.

[Phinnaeus Gage]

I can predict what will happen. They'll eventually start asking for money before they are made. That alone will deter lots of people most of the seasoned bitcoiners, but not the newbies.

FTFY

[dan99]

Ok, today I met orsoc CEO Johan personally and I can confirm 100% this is not a scam

He is interested in bitcoin and knows a lot about it. He acknowledged that they have been discussing this product offering with kncminer for weeks and there will be news published later this week

They will have a more concrete technical specification for the product soon

Yea but when will anything be released? 2 months? 5 months? 12 months?

Anything more than 2 months is just not worth our time and besides that we need guarantee of delivery time.

[kano]

Ok, today I met orsoc CEO Johan personally and I can confirm 100% this is not a scam

He is interested in bitcoin and knows a lot about it. He acknowledged that they have been discussing this product offering with kncminer for weeks and there will be news published later this week

They will have a more concrete technical specification for the product soon

So you saw their hardware design already, their office, their detailed specs and the previous bitcoin hardware they have already made?
Or was he just some convincing random guy you happened to meet?

[chipd]

Anything more than 2 months is just not worth our time and besides that we need guarantee of delivery time.

Being realistic I'd say: not going to happen.

[chipd]

Ok, today I met orsoc CEO Johan personally and I can confirm 100% this is not a scam

He is interested in bitcoin and knows a lot about it. He acknowledged that they have been discussing this product offering with kncminer for weeks and there will be news published later this week

They will have a more concrete technical specification for the product soon

So you saw their hardware design already, their office, their detailed specs and the previous bitcoin hardware they have already made?
Or was he just some convincing random guy you happened to meet?

You think Apple CEO would show you any hardware designs or their offices if you ask (my company doesn't let any external person to enter the office, we have external meeting rooms)?
But if you google the company name and his name I'm sure you'll find pictures of both himself as well as previous products the last 5-10 years.

[RoadStress]

Ok, today I met orsoc CEO Johan personally and I can confirm 100% this is not a scam

He is interested in bitcoin and knows a lot about it. He acknowledged that they have been discussing this product offering with kncminer for weeks and there will be news published later this week

They will have a more concrete technical specification for the product soon

So you saw their hardware design already, their office, their detailed specs and the previous bitcoin hardware they have already made?
Or was he just some convincing random guy you happened to meet?

You think Apple CEO would show you any hardware designs or their offices if you ask (my company doesn't let any external person to enter the office, we have external meeting rooms)?
But if you google the company name and his name I'm sure you'll find pictures of both himself as well as previous products the last 5-10 years.

First of all Apple doesn't have to proove anything. knc has. Second they could at least tell "hey we are using XX nm tech" I don't think that would ruin anything considering we already have asics at 130nm, 110nm, 65nm, 22nm(?).

[Aggrophobia]

got an email

" KnCMiner product information
 

After launching our website just a few weeks ago we have had an overwhelming response. This has been highly valuable in many ways and we encourage you to continue to give us as much feedback as you already have been doing.

Today we are presenting more technical information about our products and services, which we will be offering from now until the start of the autumn. One of the key issues that has come out of the last few days is the issue of trust. We are fully aware that trust must be earned and this is why we are providing you with as much information as we can. Allowing you to make an informed decision about any future purchases.

We are announcing two devices today, Mars and Jupiter. We understand that the Mars product is not ground breaking but we are launching it to show our work so it can be publicly validated by as many people as possible. Our new Jupiter product is groundbreaking and we are sure you will soon agree contains some impressive specifications. The main focus of the information we have available today will be around the following:

    Our first mining product which is a 6 GH/s device called Mars
    Our second mining product hashing at a minimum of 250 GH/s called Jupiter."

[Sparks]

$ 2,795.00 for 6 GH FPGA? Hmmm 
$ 7,000.00 for 250 GH ASIC(?) seems much better deal...

[chipd]

First of all Apple doesn't have to proove anything. knc has. Second they could at least tell "hey we are using XX nm tech" I don't think that would ruin anything considering we already have asics at 130nm, 110nm, 65nm, 22nm(?).

Kano didn't talk about KNC, he talked about the meet with ORSoC.