Topic: Swedish ASIC miner company kncminer.com - page 2124. (Read 3049520 times)

If you guys want to I can give them a call,
And see what they have to say.
I am no expert on ASIC in anyway, but I can determine if they are swedish or not xD
//DeaDTerra

haha lol made me laugh Sockpuppet wars!

Right I am going back in the sock-draw to be a quiet observer

Scammers and script kiddies are putting more and more effort in profiting from BTC's gold rush. The former should know that the community was already mass-scammed by BFL, and now everyone has his guard very very high.

To really be able to perform a successful scam in a significant scale they will need to invest A LOT of money in it. Otherwise, bitcointalk.com detectives will catch them immediately

It's a reverse psychology sockpuppet thing.

You have the sockpuppet start out as a loud critic, then slowly scale back and have the sockpuppet turn into a loyal supporter, for he "has seen the light".

Combine it with a third sockpuppet as suporter who you had sockpuppet A argue with and Bam! Instant Reputation.

+1 

None taken. I am not in any way suggesting that they can or can't produce anything. Many have been at it longer and probably had more capital to play with and we have seen very little in the way of ASIC machines being produced. If that is due to complexity of production or the fact that there was no point in the end as they had become rich anyway; that is debatable.

Initially I just wanted to validate who they were. Like BFL that doesn't stop someone from just taking your money and stringing you along. It does not validate them other to say they are not some Hungarian outfit. Like I said proof will be when you are stood infront of one and you see its hash rate. I would not pass any money to anyone unless I was going to pick it up and pay the money on seeing it appear on the network.

My initial thought was a blatant scam due to the manner in which the website was built. Now I am going to see how these guys get on and see if they update the forum with technical details in time. They could not give any details yet which we can understand given the empty promises that have happened consistently.

I am just going to wait and see. I would not pay anything upfront but happy to be on the list and take more confort that they are in Europe and not miles away.

I only really registered on the site (usually just read) as I thought it was a scam so wanted to let people know what I had found. Now I don't think it is a scam (would change my view if they asked for money upfront) but it is just a possibility.   I would pay when the product is actually made and I will go and pick it up, but otherwise no money would change hands.

Jam Tomorrow is all it is at the moment

no offense but i don't buy this. you just created this user and you are implying that only after one phone call they are a legit ASIC business? why didn't you asked some technical questions. they should know the fab, the process node and some other stuff. you just spoke with one person on the phone. BFL has offices, has boxes full of fans and they even "shipped" some kind of FPGA shit that they called ASIC, but that doesn't prove anything.

Yes well obviously they know there is an interest, but if it comes to raising finances then names and numbers is the important thing.

I think the critical piece (for me anyway) is knowing they are who they say they are.

Come on, that's a joke. You just need to look at the market for 10 days to realize there is a huge interest. Just take a look at how Avalon's are sold at any price.

You don't need a post saying "we are in the final stage of developing ASIC" to see if there's interest or not. And anyhow, making custom ASIC costs a lot - if they are really developing them, is because they KNOW there is interest.

No, I don't even know if they have a visiting address (or indeed, if they even have working prototype to show).

The address on Drottninggatan hasn't got any office with their name on it. I don't know about the addresses in Haninge and Sollentuna that their domain and phones are registered from, but I'm not going to knock on residental doors looking for them.

It they have hardware, let them show it. Just don't send money to random people on the Internet just because they had $100 and the ability to fill in a form to register a company. I hope that part is obvious to everyone.

Yeah that is what he said - needs to understand interest like any other business should. Having a list of individuals willing to pay certain amounts for a unit certainly makes financing easy.

Maybee they mainly put up the site to show investors the interest/potential of such a product?

If so, I guess they proved their point. Now lets just wait and see if they are going to produce something worth buying.

Just gave their number a call and spoke with Andreas.

Having worked in Sweden a lot Andreas is definitely a Swede and definitely picked up the phone and had a conversation with me

SO I am pretty happy that these guys are genuinely who they say they are. The proof will be a demo of an ASIC machine. This will be provided as and when they have it. They are not promising anything as of yet and holding back specification until the development is more concrete.

Watch this space I guess!

kncminer you could at least give us some tech details. what nm are you using? what fab is making your chips? who is writing the software?

Being a native speaker does not mean you have good grammar/spelling by default ;P

If you distrust the re-issued phone number, why don't you just give it a call? If a Chinese restaurant answers the phone, you know the number is fake or incorrect, but if you actually get the kncminer people, you know they at least have the phone.

I am leaning towards benefit-of-the-doubt at this moment in time. Don't think we have found enough to discount them and my digging so far suggests they are who they say they are.

Not quite accurate.
From the posts in this thread it seems both Sam and Andreas are posting from the same account (if according to the board rules or not is a different story), which could explain the spelling errors.

I am working through another route to check some details to try and validate who Sam Cole is. Have to pull on some contacts.

I still think http://www.advantshop.com http://www.advantshop.net/saas is  an odd choice. If I was setting up a potentially multi million dollar operation and was convinced that I could pull it off and knowing how little trust we all have in ASIC producers, I would not be making my site look like a scam with holding domains and address's and contact details chinese restaurants and taxi cabs. If so little goes into the initial easy part if building websites, what will the final product be like? I would certainly initially invest some time and money in the site and would not get a very cheap shopping cart from a Russian provider on a rental basis of $20 a month.

We all start somewhere but really if you were 100% it would actually be quite hard to make your site appear so dodgy.

Avalon has delivered, but is far from transparent. Look at all the threads asking for information (most unanswered).