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Author Topic: [2014-04-30] KnCMiner Becomes Platinum Bitcoin Foundation Member  (Read 544 times)
bitsmichel (OP)
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April 30, 2014, 08:36:25 PM
 #1

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The Bitcoin Foundation has added a new Platinum member: KnCMiner, a Sweden-based mining hardware manufacturer.
Currently there are only two platinum members, the other is the Bitcoin Store.

Source: bitprize.org

Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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May 01, 2014, 05:38:45 AM
 #2

And I heard bad news about KnCMiner just yesterday:

http://bitnovosti.com/2014/04/30/problems-plague-kncminer-as-broken/

I just hope that KnCMiner does not end up as another Butterfly Labs.  Angry



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May 01, 2014, 07:21:56 AM
 #3

Don't you just have to 'buy' your way to become a Platinum Member on the Foundation?  (ie donate a helluva lot of money).

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May 01, 2014, 11:32:07 AM
 #4

Bad news for those who canceled
http://forum.kncminer.com/forum/news-and-anouncments/38332-neptune-performance-upgrade
lol Smiley

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