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Author Topic: KnCMiner the next Butterfly Labs?  (Read 701 times)
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October 01, 2014, 09:30:07 AM
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Yesterday KnCMiner proudly mentioned my review of their Cloud Mining service on their official Twitter timeline: https://twitter.com/kncminer/status/516962581723250689 (backup: http://s18.postimg.org/infpdu5w9/knc.png)

Nothing special so far, but given the content I was totally caught by surprise. Earlier this month when their Cloud service was launched I had already written a review, and came to the conclusion that the service was ridiculously overpriced.

Three weeks later, they cut their costs per GH/s by 65%. So I wrote a new review which is the one KnCMiner now mentions. This time, I conclude that the price is now at a level where you might consider such a contract. At the same time, I conclude that initial clients at previous levels indeed got a ridicuously bad deal and that their excuse for that makes no sense. Based on this, let's say I wasn't expecting to be featured by them! Even the part the cut out isn't entirely positive!

To me it seems they are well underway to becoming the next Butterfly Labs. Can you still take this company seriously?
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