It appears spending money on "smaller" chips now may be a waste of money. Whereas the smart companies are making the same chip but figuring out how to underclock 28/20nm chips further and further. The cost of real 16nm chips is just so high, even if they provide better efficiency, it is not enough to make up the extra cost.
BitFury, Avalon, Bitmain etc. seem to be going for the "underclock" method, while Spondoolies and KNC try to make smaller chips, which based on the funds they've had to raise, appears to be exceedingly expensive.
Here's to hoping KNC fails miserably.
They will fail I can assure you that, a company that lied to its customers will also lie to its investors, only a very foolish investor will not care. They are doomed.
That is why large successful companies honor their promises, because if they do not, their reputation goes down the toilet.
KNC reputation has already gone down the toilet under those condition most honest investors wont invest and will keep a very large distance from them, unless they have also gone down the toilet, and as such KNC could get screwed by people just like them, thats like a crook dealing with a crook, such scenario is a failure.
So by hoping the fail miserably there an implied probability that they will not fail, I am sure they will fail 100%.
SAM may have won monetarily at this point, but at the cost of sending his reputation down the toilet, most people would probably like to have some reputation left in them, I am sure it is sad for him to be a man with no dignity, and money can not buy his dignity back, so from that point of view he is screwed.
They have already going down, have you looked at their website, customer support is gone, forums are gone, no hardware sales, etc. They became the successor to BFL.
well their site has been down for a couple days or more www.kncminer.com ..also www.knccloud.com
hmmmmmm......(probably just DNS issue from their web page changes etc...they have like 200 million bucks from us ...how can they have messed up and gone under? (one can hope)