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Topic: Swedish ASIC miner company kncminer.com - page 158. (Read 3049514 times)

hero member
Activity: 511
Merit: 500
Hempire Loading...
January 15, 2015, 04:10:45 PM
I wouldn't be surprised to see some sell offs...ebs and flows, it's how everything goes.

Meanwhile in the batcave, supposedly they are not processing requests for changes from bonus Neptune to Titan if you ask now,
they say that they may make this option available once they start processing bonuses, but they could not make a change to my
existing order at this time, nor give me any indication of when they would be processing bonus miners.

The fact that they offered us 2 for 1 on Neptune orders with the option of swapping to a Titan should be actionable up until time
of shipment in my book, because the only reason they offered that was so we didn't cancel our orders in favor of cheaper miners
available on the market that were actually shipping.

 Angry
legendary
Activity: 1316
Merit: 1014
ex uno plures
January 15, 2015, 10:03:58 AM
A more interesting question is how the volatility and pressure on bitcoin prices affects KNC's ability to raise capital for new investment.
My uninformed personal guess is that it hurts it badly.
legendary
Activity: 1218
Merit: 1003
sr. member
Activity: 313
Merit: 258
January 15, 2015, 03:55:22 AM
if i ever see sam cole, i will punch him in the dick

good luck with that, I do not think he has one.
legendary
Activity: 2408
Merit: 1004
January 14, 2015, 06:11:55 PM
When they will shipped batch 2 Titan???.
Is over one month until batch 1
legendary
Activity: 1098
Merit: 1000
January 14, 2015, 03:18:55 PM
haven't KfC shut their farm down yet


Things would have to get a lot worse for them to power off all the neptunes that were meant to be shipped to the rightful owners.
sr. member
Activity: 434
Merit: 250
January 14, 2015, 02:47:18 PM
haven't KfC shut their farm down yet


hero member
Activity: 882
Merit: 1003
January 14, 2015, 01:57:12 PM
In other  words they could  have invested  the money they made into something else instead  of throwing it back in. Greedy  bastards.

At least they own some real estate.
legendary
Activity: 1036
Merit: 1001
/dev/null
January 14, 2015, 01:29:50 PM
Well one good thing about the price collapse.....KnC might actually be feeling pain for a change.  Now they know how we felt with such tight margins and no hope of return.

dude, they already earned such amount of money, that they imho don't care anymore..
legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
January 14, 2015, 01:14:42 PM
Well one good thing about the price collapse.....KnC might actually be feeling pain for a change.  Now they know how we felt with such tight margins and no hope of return.
full member
Activity: 125
Merit: 100
January 13, 2015, 08:24:53 AM
Yes, yes it is. And through shallow water.

Iceland to Norway is 1500 km and through much deeper, colder and iceberg infested water.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
January 13, 2015, 04:57:37 AM
Yes, I know there are *some* short electric cables. There are none anywhere near Iceland-Sweden in length. Newfoundland to Cape Breton will be world's longest when completed in 2017, and it is still no where near Iceland to mainland in length.

NorNed is 360 miles long. That isn't short by any measurement.
full member
Activity: 125
Merit: 100
January 12, 2015, 10:47:29 PM
Yes, I know there are *some* short electric cables. There are none anywhere near Iceland-Sweden in length. Newfoundland to Cape Breton will be world's longest when completed in 2017, and it is still no where near Iceland to mainland in length.
legendary
Activity: 1218
Merit: 1003
January 12, 2015, 06:58:15 PM
Bronan...


Love to see proof of your undersea cables from Iceland.

Mainly because they don't exist. Nice pipe dream though. There are internet cables, but not electrical. Note even close.

Undersea electrical cables are extremely complicated and leak very badly. (ie. electricity escapes.) The one from Newfoundland to Cape Breton is speculated to be uneconomic, but we'll know better in 2017 when it is online.


And if you can show me 4 cent USD power in Western Europe, I'll eat my hat and yours.

It is possible and has been done...

NorNed (Norway to Nederlands)... https://en.m.wikipedia.org/wiki/NorNed

We even have 2 cables.  EstLink 1 and EstLink 2 .

http://estlink2.elering.ee/en/
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
January 12, 2015, 05:39:56 PM
Bronan...


Love to see proof of your undersea cables from Iceland.

Mainly because they don't exist. Nice pipe dream though. There are internet cables, but not electrical. Note even close.

Undersea electrical cables are extremely complicated and leak very badly. (ie. electricity escapes.) The one from Newfoundland to Cape Breton is speculated to be uneconomic, but we'll know better in 2017 when it is online.


And if you can show me 4 cent USD power in Western Europe, I'll eat my hat and yours.

It is possible and has been done...

NorNed (Norway to Nederlands)... https://en.m.wikipedia.org/wiki/NorNed
full member
Activity: 125
Merit: 100
January 12, 2015, 05:06:53 PM
Bronan...


Love to see proof of your undersea cables from Iceland.

Mainly because they don't exist. Nice pipe dream though. There are internet cables, but not electrical. Note even close.

Undersea electrical cables are extremely complicated and leak very badly. (ie. electricity escapes.) The one from Newfoundland to Cape Breton is speculated to be uneconomic, but we'll know better in 2017 when it is online.


And if you can show me 4 cent USD power in Western Europe, I'll eat my hat and yours.
hero member
Activity: 774
Merit: 500
Lazy Lurker Reads Alot
January 12, 2015, 02:33:21 PM
We discussed electricity prices before. The lowest published rates are roughly 8 eurocents per KWH, so 10 cents USD, which isn't great.

However, the consensus seemed to be that KNC (along with Facebook and other large data centers) are probably getting a much cheaper price. (This is typical in most jurisdictions. If you employ people you can get breaks on the rates.)

So below 8 eurocents, above free. Haha. My guess would be closer to 8 euro cents, not less than 5. But that's a hardcore guess.

I  think your wrong there, about a year ago i saw info about geothermal energy from iceland being cabled over between the skandinavian countries  
That would mean large contractors pulling alot of power like them pay way less than the average joe.
Even in my extreme expenssive energy country the large companies pay scraps prices, they have to buy in the lots of Megawatts though to get those prices
But its not near 4 cents a Kw thats what i know for sure.
Ofcourse even if its not much on paper the actual amounts they pay still is huge Wink, i saw my old companies power bills often only for our servers .... huge amounts we all want once in your live on our bank accounts.
But thats payed monthly for those companies

About bitcoindrama i think he got enough inside information to disappear from the mining scene for ever
sr. member
Activity: 434
Merit: 250
January 12, 2015, 11:43:41 AM
Let's link two ideas here:

1. In this article, Sam tells everyone he is a farmer at heart
https://ybitcoin.com/profile/1b5de8eed5444825/sam-cole-ceo-and-founder-knc-miner

2. Bitconorama has gone missing. I bet Sam misses him

because you know what they say:

Anyone can drive a tractor
but it's no fun plowing
without your hoe

 Grin


this always makes me *titter*
hero member
Activity: 798
Merit: 1000
January 12, 2015, 10:10:21 AM
Let's link two ideas here:

1. In this article, Sam tells everyone he is a farmer at heart
https://ybitcoin.com/profile/1b5de8eed5444825/sam-cole-ceo-and-founder-knc-miner

2. Bitconorama has gone missing. I bet Sam misses him

because you know what they say:

Anyone can drive a tractor
but it's no fun plowing
without your hoe

 Grin
legendary
Activity: 1894
Merit: 1087
January 12, 2015, 05:16:12 AM
if i ever see sam cole, i will punch him in the dick
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