Maxwell is brilliant.
Maxwell is sad.
Mawell's snarkiness soothes him in the face of the Universe's inequities and disrespect for genius.
Maxwell is not self-aware.
Maxwell is on record as a cornerstone of bitcoin development, integrity, durability, professionalism, objectivity, and neutrality.
Outsiders, casual observers, interested power players, newbies, and historians will read Maxwell's comments, link those comments to his power position in the Bitcoin uinverse, and draw their own conclusions.
Maxwell doesn't care.
Topic: KNC, 100% of their hashing is currently going into their own pocket. - page 2. (Read 10855 times)
October 01, 2013, 09:34:07 PM
October 01, 2013, 09:33:11 PM
Ok let me rephrase my question. Why didn't you blame Avalon's customers for funding a mining hardware company that mined in competition with their customers? You weren't harsh at all when there were multiple proofs that they mined a lot with the units before shipping.
Uh. I direct your attention to the first post in this thread:I do not understand why miners keep funding mining hardware companies that mine in competition with their own customers.
AFAIK, at this point most of this sub-forum has sworn off doing business with Avalon in the future.I comment generally pretty infrequently. Consider the responses here if you wonder why. I said at the outfront that I was being a bit intentionally inflammatory about it, but I do think that its a sad state that we've created an environment where the community takes all the risk of the NRE in building a mining device and the end result is these consolidations which undermine the value of that investments. KNC is but one example of it— and not the worst, but with all the claims of how much integrity KNC has, perhaps its the best example that the community here tolerates the behavior rather than something exploitative. Take it for what you will.
Besides, everyone knows that I'm secretly YipYip and Crumbs.
So you are targeting KNC just because they claimed to have some integrity compared to Avalon and BFL who didn't claim anything and they treated their customers like shit. You aren't targeting retard Inaba who still hasn't honored his lost bet about the power consumption in order to attract more fools (http://www.bitcoindf.org/ 493 BTC still owed and it doesn't even matter it's not a real charity).
You say that you aren't targeting Avalon because most of this sub-forum has sworn to not do business with them anymore, but i don't understand why don't you let this sub-forum do the same thing with KNC if they feel they have been tricked. Also you give this warning after more than 3 companies have already raised up money for their NRE costs (HashFast, Cointerra and Bitmine, maybe VMC and maybe some other companies that i don't recall) Maybe Bitfury too, but i'm not sure where all the hashing from ghash.io comes.
I don't even want to start about the large amount that they mined (sarcasm), but i would like to make you read again Vorksholk's post: https://bitcointalksearch.org/topic/m.3274263 and specifically to this quote:
Quote
Direct quote from KnCMiner Website: "We will not mine with more than 5% of the hash rate we sell, and we will never mine with customer hardware."
Considering that they mine with under 5% your point isn't valid from the start so what are we actually doing here? Letting people know that they keep their promises?++ AGreed
When u did nothing with all the BFL bullshit that was flying around u tried to claim u where Switzerland & did not get involved in what 80%+ of the community reagarded as Untrustworthy if not outright fraud on sooooooooooooooooooooooooooo many ocassions it was a joke
Now u pop your head up over a test mine within their stated goals of 5% and also seems like a practical way to test and be verified
I really think all the fear over Knc is that the are "THE ONE" and all you scam loving sycophants BFL/AVALON..... are now running scared over a company that may have some integrity ...I have always said whoever treats their customers fairly will OWN btc
Time will tell......
P.S Good work on totally ruining your rep in 1 post
October 01, 2013, 08:26:45 PM
Its nothing as I see avalon testing some terahashes in eligius in months and keep customers to wait and waste of ROI.
just because avalon did it doesn't make it okay for KnC to do it.Eligius has gone parabolic over the last month. From 20 TH/s to 60 TH/s as of a few weeks ago.
Pretty astounding actually.
Gives you a good example of where hashrate is going. To frigging Uranus.
October 01, 2013, 08:09:33 PM
urinary-tract-infection-yellow ignore button
Why have you summoned me! 
October 01, 2013, 05:37:49 PM
Perhaps some people are unable to read any text which doesn't come with a meme image and from a user with a urinary-tract-infection-yellow ignore button? 
You'd be surprised how easy is to get that urinary infection on this forum. Me for instance got decent yellow button in a few days for a few posts claiming some obvious things about KnC in main KnC thread. It was worth it, learned a lesson never to speak to a deaf ear on the internetZ.
October 01, 2013, 05:17:55 PM
Ok let me rephrase my question. Why didn't you blame Avalon's customers for funding a mining hardware company that mined in competition with their customers? You weren't harsh at all when there were multiple proofs that they mined a lot with the units before shipping.
Uh. I direct your attention to the first post in this thread:I do not understand why miners keep funding mining hardware companies that mine in competition with their own customers.
AFAIK, at this point most of this sub-forum has sworn off doing business with Avalon in the future.I comment generally pretty infrequently. Consider the responses here if you wonder why. I said at the outfront that I was being a bit intentionally inflammatory about it, but I do think that its a sad state that we've created an environment where the community takes all the risk of the NRE in building a mining device and the end result is these consolidations which undermine the value of that investments. KNC is but one example of it— and not the worst, but with all the claims of how much integrity KNC has, perhaps its the best example that the community here tolerates the behavior rather than something exploitative. Take it for what you will.
Besides, everyone knows that I'm secretly YipYip and Crumbs.
So you are targeting KNC just because they claimed to have some integrity compared to Avalon and BFL who didn't claim anything and they treated their customers like shit. You aren't targeting retard Inaba who still hasn't honored his lost bet about the power consumption in order to attract more fools (http://www.bitcoindf.org/ 493 BTC still owed and it doesn't even matter it's not a real charity).
You say that you aren't targeting Avalon because most of this sub-forum has sworn to not do business with them anymore, but i don't understand why don't you let this sub-forum do the same thing with KNC if they feel they have been tricked. Also you give this warning after more than 3 companies have already raised up money for their NRE costs (HashFast, Cointerra and Bitmine, maybe VMC and maybe some other companies that i don't recall) Maybe Bitfury too, but i'm not sure where all the hashing from ghash.io comes.
I don't even want to start about the large amount that they mined (sarcasm), but i would like to make you read again Vorksholk's post: https://bitcointalksearch.org/topic/m.3274263 and specifically to this quote:
Quote
Direct quote from KnCMiner Website: "We will not mine with more than 5% of the hash rate we sell, and we will never mine with customer hardware."
Considering that they mine with under 5% your point isn't valid from the start so what are we actually doing here? Letting people know that they keep their promises? 
October 01, 2013, 05:02:03 PM
... And I suppose some things are just unknowable.
Maybe it's related to Stockholm Syndrome? Or the battered wife thingy?
[As an aside: If you think a thread is dumb it's best to stop posting in it so that it can fall down the page!]
Mmm... I'm starting to see why you made this thread
October 01, 2013, 04:58:18 PM
Well, I guess moderating is like politics... you don't get there without learning to troll with the best. In this case, a fine example of trolling if I may say so, looks like our esteemed politicomoderator decided to flex his trolling muscles a bit. They're like finely toned muscles too, you need to keep them in condition
Yes, everyone who dares to say anything about KnC, even the moderator, is a low troll. Being happy about your KnC order is one thing, shilling hard for them is completely another. People should stop jumping over that line so easily, ask yourself is there some truth in gmaxwell's statement.
Oh come on put your reading glasses on and look at my previous posts in this thread. Then you might realise I already said my piece and am now just pulling yer leg(s)
People are so serious these days...
October 01, 2013, 04:57:03 PM
the knc wars starts spreading/infecting to other threads. why is knc so polarizing ? because it is a threat ? to whom ?
some aspects of this bitcoin stuff is way beyond economics. it´s getting religious.
I'd certainly like to understand this better... though it's offtopic for the thread. It's not unique to KNC, e.g. we saw it with BFL. But I think we've mostly not seen it with hashfast or cointerra. I've speculated before that some people are afraid of getting ripped off and have to aggressively back their own horse to justify themselves, but even that is incomprehensible to me. Then again, I don't really get team-sports fandom either.some aspects of this bitcoin stuff is way beyond economics. it´s getting religious.
... And I suppose some things are just unknowable.
The title of this thread is true for a certain value of truth. I.e.: 100%=1 unit.
Well, it's true until they actually get a box in someones hands. I was explicit about it and said it was a bit pedantic. Perhaps some people are unable to read any text which doesn't come with a meme image and from a user with a urinary-tract-infection-yellow ignore button? [As an aside: If you think a thread is dumb it's best to stop posting in it so that it can fall down the page!]
October 01, 2013, 04:53:50 PM
The title of this thread is true for a certain value of truth. I.e.: 100%=1 unit.
Bitcoinorama, may I suggest Durrell Wildlife Conservation Trust as a charity. See the thread in my sig. I am trying to convince them that Bitcoin is the future. They also have corporate charity program, so KnC can be listed in their hall of fame. See also www.durrell.org
Bitcoinorama, may I suggest Durrell Wildlife Conservation Trust as a charity. See the thread in my sig. I am trying to convince them that Bitcoin is the future. They also have corporate charity program, so KnC can be listed in their hall of fame. See also www.durrell.org
October 01, 2013, 04:48:54 PM
the knc wars starts spreading/infecting to other threads. why is knc so polarizing ? because it is a threat ? to whom ?
some aspects of this bitcoin stuff is way beyond economics. it´s getting religious.
some aspects of this bitcoin stuff is way beyond economics. it´s getting religious.
October 01, 2013, 04:47:00 PM
Cool, but what do you want to see?
You appeared to be claiming that KNC was testing their operational asic devices on testnet. This claim appears to be false. Do I understand correctly that you mispoke and the device has not actually been tested on testnet and cannot be actually shown to have successfully produced a block?Ok let me rephrase my question. Why didn't you blame Avalon's customers for funding a mining hardware company that mined in competition with their customers? You weren't harsh at all when there were multiple proofs that they mined a lot with the units before shipping.
Uh. I direct your attention to the first post in this thread:I do not understand why miners keep funding mining hardware companies that mine in competition with their own customers.
AFAIK, at this point most of this sub-forum has sworn off doing business with Avalon in the future.I comment generally pretty infrequently. Consider the responses here if you wonder why. I said at the outfront that I was being a bit intentionally inflammatory about it, but I do think that its a sad state that we've created an environment where the community takes all the risk of the NRE in building a mining device and the end result is these consolidations which undermine the value of that investments. KNC is but one example of it— and not the worst, but with all the claims of how much integrity KNC has, perhaps its the best example that the community here tolerates the behavior rather than something exploitative. Take it for what you will.
Besides, everyone knows that I'm secretly YipYip and Crumbs.
October 01, 2013, 04:40:34 PM
Well, I guess moderating is like politics... you don't get there without learning to troll with the best. In this case, a fine example of trolling if I may say so, looks like our esteemed politicomoderator decided to flex his trolling muscles a bit. They're like finely toned muscles too, you need to keep them in condition
Yes, everyone who dares to say anything about KnC, even the moderator, is a low troll. Being happy about your KnC order is one thing, shilling hard for them is completely another. People should stop jumping over that line so easily, ask yourself is there some truth in gmaxwell's statement.
October 01, 2013, 04:28:34 PM
You switched to "selective replies" only? You missed my questions.
I did? Really? Of course, everyone here has free will, and if anything I think people's unwillingness to selectively read and reply contributes a lot to trolling around here. I certainly don't feel the need to respond point by point to every question, and none of you should either. If you feel I've missed something essential, please hit me up and PM and I'll reply more if I agree!In any case, I don't see any evidence on testnet of KNC mining there. Bitcoinorama made a falsifiable claim which appear to me to be false. I'm just asking him to clarify here to avoid any confusion.
Cool, but what do you want to see?
The miner that they showed yesterday and various iterations that have banked an entire 1BTC earlier.
Aside from that there is the FPGA revisions that utilised testnet.
Asking Sam he said it's not a problem, when back in Stockholm it means asking one of the software engineers for access. App thousands of coins were found on testnet as the diff is so low there, rewards were easy. Customers demand real world evidence.
EDIT: idee2013 that's not KnC. No idea.
No. The topic of this thread is true and will remain true no matter what. Read it again. All of THEIR hashing is going into THEIR pockets
I will call this phrasing fine art trolling because it spreads FUD where it shouldn't.Well, I guess moderating is like politics... you don't get there without learning to troll with the best. In this case, a fine example of trolling if I may say so, looks like our esteemed
October 01, 2013, 04:27:36 PM
In any case, I don't see any evidence on testnet of KNC mining there. Bitcoinorama made a falsifiable claim which appear to me to be false. I'm just asking him to clarify here to avoid any confusion.
Cool, but what do you want to see?
Asking Sam he said it's not a problem, when back in Stockholm it means asking one of the software engineers for access. App thousands of coins were found on testnet as the diff is so low there, rewards were easy. Customers demand real world evidence.
BTW, I assume that "when back in Stockholm" means you have left, presumably for London, to fly to ATL from LHR. Smart, probably economic, move.
Make sure they fly your butt at least in C-class (biz) if not F-class (we know what that class is). You're an important man, now, and they need to keep you happy. And once in ATL, remember this locale: Buckhead. Strange name, great nightlife. Also Peachtree St., centered at North Avenue. Close to GA Tech, with all the women that implies.
Have fun.
EDIT: Oh, yeah; and one other. Forgot for a moment you guys are big executives now. The Vinings. Home of one of America's great restaurants: Canoe, right on the bank of the Chattahoochee River. Power dining.
October 01, 2013, 04:22:31 PM
You switched to "selective replies" only? You missed my questions.
I did? Really? Of course, everyone here has free will, and if anything I think people's unwillingness to selectively read and reply contributes a lot to trolling around here. I certainly don't feel the need to respond point by point to every question, and none of you should either. If you feel I've missed something essential, please hit me up and PM and I'll reply more if I agree!In any case, I don't see any evidence on testnet of KNC mining there. Bitcoinorama made a falsifiable claim which appear to me to be false. I'm just asking him to clarify here to avoid any confusion.
Cool, but what do you want to see?
The miner that they showed yesterday and various iterations that have banked an entire 1BTC earlier.
Aside from that there is the FPGA revisions that utilised testnet.
Asking Sam he said it's not a problem, when back in Stockholm it means asking one of the software engineers for access. App thousands of coins were found on testnet as the diff is so low there, rewards were easy. Customers demand real world evidence.
EDIT: idee2013 that's not KnC. No idea.
+1
October 01, 2013, 04:21:24 PM
You switched to "selective replies" only? You missed my questions.
I did? Really? Of course, everyone here has free will, and if anything I think people's unwillingness to selectively read and reply contributes a lot to trolling around here. I certainly don't feel the need to respond point by point to every question, and none of you should either. If you feel I've missed something essential, please hit me up and PM and I'll reply more if I agree!In any case, I don't see any evidence on testnet of KNC mining there. Bitcoinorama made a falsifiable claim which appear to me to be false. I'm just asking him to clarify here to avoid any confusion.
Cool, but what do you want to see?
The miner that they showed yesterday and various iterations that have banked an entire 1BTC earlier.
Aside from that there is the FPGA revisions that utilised testnet.
Asking Sam he said it's not a problem, when back in Stockholm it means asking one of the software engineers for access. App thousands of coins were found on testnet as the diff is so low there, rewards were easy. Customers demand real world evidence.
EDIT: idee2013 that's not KnC. No idea.
No. The topic of this thread is true and will remain true no matter what. Read it again. All of THEIR hashing is going into THEIR pockets
I will call this phrasing fine art trolling because it spreads FUD where it shouldn't. 
October 01, 2013, 04:19:00 PM
You switched to "selective replies" only? You missed my questions.
I did? Really? Of course, everyone here has free will, and if anything I think people's unwillingness to selectively read and reply contributes a lot to trolling around here. I certainly don't feel the need to respond point by point to every question, and none of you should either. If you feel I've missed something essential, please hit me up and PM and I'll reply more if I agree!In any case, I don't see any evidence on testnet of KNC mining there. Bitcoinorama made a falsifiable claim which appear to me to be false. I'm just asking him to clarify here to avoid any confusion.
Cool, but what do you want to see?
The miner that they showed yesterday and various iterations that have banked an entire 1BTC earlier.
Aside from that there is the FPGA revisions that utilised testnet.
Asking Sam he said it's not a problem, when back in Stockholm it means asking one of the software engineers for access. App thousands of coins were found on testnet as the diff is so low there, rewards were easy. Customers demand real world evidence.
EDIT: idee2013 that's not KnC. No idea.
October 01, 2013, 04:09:04 PM
You switched to "selective replies" only? You missed my questions.
I did? Really? Of course, everyone here has free will, and if anything I think people's unwillingness to selectively read and reply contributes a lot to trolling around here. I certainly don't feel the need to respond point by point to every question, and none of you should either. If you feel I've missed something essential, please hit me up and PM and I'll reply more if I agree!In any case, I don't see any evidence on testnet of KNC mining there. Bitcoinorama made a falsifiable claim which appear to me to be false. I'm just asking him to clarify here to avoid any confusion.
Cool, but what do you want to see?
The miner that they showed yesterday and various iterations that have banked an entire 1BTC earlier.
Aside from that there is the FPGA revisions that utilised testnet.
Asking Sam he said it's not a problem, when back in Stockholm it means asking one of the software engineers for access. App thousands of coins were found on testnet as the diff is so low there, rewards were easy. Customers demand real world evidence.
EDIT: idee2013 that's not KnC. No idea.
October 01, 2013, 04:07:46 PM
You switched to "selective replies" only? You missed my questions.
I did? Really?I don't see any evidence on testnet of KNC mining there. Bitcoinorama made a falsifiable claim which appear to me to be false. I'm just asking him to clarify here to avoid any confusion.
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