KnC Cloud Mining - it's a bust...

[bitpop]

Holding is better than willingly giving someone your money then begging for it back

[bbeesley]

Here is the difference: KNC is might be scamming you, but your business partner crook in the third world countrymight will be scamming you.

there ...fixed that for you ;-)

[CoinExpert]

Hang in there people!!!!

https://www.getbitcoin.com.au/bitcoin-news/price-bitcoins-go-100000

Keep your eye on the prize

[AdamSmith]

Sad to see all mining manufactures turn out the same way.

Same thing appears to be happening for coin exchange also.

[Searing]

Sad to see all mining manufactures turn out the same way.

Same thing appears to be happening for coin exchange also.

only exception so far that is active in forums seems to be spondoolies-tech.....just waiting for them to backslide i sure hope not
they got me a refund where guite frankly they did not have to do so on their terms..and they offered i did not ask from a post
i made ...so figure i owe them a unit..but man..with btc price this low and difficulty high ..even if they come thru *unlike knc* and
next equipment will NOT be pre-order.....just can't get the numbers to fly

so the truth is KNC /spondoolies etc can't get the home numbers to fly (still on the fence about GAW see my tagline
some say they make $$$ others say not gonna see how it shakes out this month)

but home equip wise ...can find NO handle on that making ROI in any manner ...very sad

[SamTsuedo]

I don't trust cloud mining. Lost money before and it's a risky thing, might as well go to a casino, or play slot machines.

[wunkbone]

Don't fucking do it

Knc is a fraud

I would say that regardless of KnC's level of trustworthiness, their prices are well above what you could reasonably expect to earn from mining over the six months that you would be cloud mining with their hardware. 

[tinof]

All mining companies have negative expectation of profit right now if they mine themselves.

The only way for them to profit is to sell those over price ASIC miners to end consumers who have no clue on what they are doing.

[bitpop]

Knc lies through their teeth

http://forum.kncminer.com/forum/resellers-affilicates/general-questions/65252-knc-to-stop-selling-miners-mine-for-themselves

[Kprawn]

Well seems as though this is also being discussed here ---> http://www.reddit.com/r/Bitcoin/comments/2l52wg/knc_is_a_fraud_if_you_dont_already_know/

And it's also a hot topic on other forums and chat rooms. 

[bitpop]

Well seems as though this is also being discussed here ---> http://www.reddit.com/r/Bitcoin/comments/2l52wg/knc_is_a_fraud_if_you_dont_already_know/

And it's also a hot topic on other forums and chat rooms.  

That's where I found it

[philipaedie]

Is anyone else having problems with KNC Cloud, I've been mining with them for about a month
all of a  sudden I can't get a payout

[bitpop]

Knc is pure fraud

[keemao]

Is anyone else having problems with KNC Cloud, I've been mining with them for about a month
all of a  sudden I can't get a payout

Same here..., and no answers... :/
I guess buying a jupiter didnt scare me enough

[IslamicCoin]

Don't fucking do it

Knc is a fraud

if i had read this post before paying them ... i might be avoided from being robbed 250$ to knc cloud mining ........ now they are TIPING me from 0.11 to 0.50 $ a day .......    and i have to bear it for next 4 months ...  JESUS HELP ME

[bitpop]

Don't fucking do it

Knc is a fraud

if i had read this post before paying them ... i might be avoided from being robbed 250$ to knc cloud mining ........ now they are TIPING me from 0.11 to 0.50 $ a day .......    and i have to bear it for next 4 months ...  JESUS HELP ME

Never mine, just hodl

[Snipe85]

Don't fucking do it

Knc is a fraud

if i had read this post before paying them ... i might be avoided from being robbed 250$ to knc cloud mining ........ now they are TIPING me from 0.11 to 0.50 $ a day .......    and i have to bear it for next 4 months ...  JESUS HELP ME

Never mine, just hodl

You're wrong. Mine, just do the math first.
To hodl you have to own coins first and mining does the job. There's just a big difference between mining with your hardware and in fake cloud operated by thieves.
Those who bought last year in q1 - q3 will surely disagree with the hodl advice

[picolo]

So I have decided to take the plunge on buying some GH on KnC's cloud mining. I have 800 GH/s with them and I must say, the past 48 hours have been a bust! I've only mined .006 BTC in that time. I have 2 antminer S1's mining on ghash for 360gh/s and I get around .006-.007 BTC a day with that.... Anyone else having problems like this?

You forget to factor in maintenance charges. Hashnest give me about the same payout..

Maintenance charges change the results dramatically between a company that has low maintenance costs and one that has high maintenance costs.

[Searing]

Don't fucking do it

Knc is a fraud

if i had read this post before paying them ... i might be avoided from being robbed 250$ to knc cloud mining ........ now they are TIPING me from 0.11 to 0.50 $ a day .......    and i have to bear it for next 4 months ...  JESUS HELP ME

there are deeper levels of 'hell' with KNC ..ask the Neptune and Titan owners...be grateful.......you are not one of 'us' the knc damned (dramatic music insert here)

https://www.youtube.com/watch?v=VjPAWbk5jKc

[IslamicCoin]

THEY ARE NOT PAYING A PENNY TO THE CLOUDMINING CONTRACTORS FOR LAS THREE DAYS ......
i think there is no corporate check and balance in SWEDEN