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Topic: Swedish ASIC miner company kncminer.com - page 645. (Read 3050074 times)

sr. member
Activity: 462
Merit: 250
February 13, 2014, 11:37:41 AM
They are just starting and already mining 5BTC every few hours - exactly how much a Neptune will mine in it's entire lifetime starting on 1st July  Grin

every few hours???  better look at that again..much more frequent
legendary
Activity: 3990
Merit: 4597
February 13, 2014, 11:34:22 AM

Impressive, but how reliable is the info that this is the New KNC datacenter.
If it is true, then this is some impressive sleuthing.
hero member
Activity: 798
Merit: 1000
February 13, 2014, 11:28:20 AM
They are just starting and already mining 5BTC every few hours - exactly how much a Neptune will mine in it's entire lifetime starting on 1st July  Grin
sr. member
Activity: 434
Merit: 250
February 13, 2014, 11:19:20 AM

this was a good round!!!

2014-02-13 05:00:19 (G)   4.91363961 BTC
2014-02-13 03:57:01 (S)   198.54159197 BTC
2014-02-12 00:06:12 (G)   23.50032965 BTC
hero member
Activity: 854
Merit: 500
hero member
Activity: 616
Merit: 500
February 13, 2014, 11:04:36 AM
I disagree. If the farm is ready by mid March, then I would expect hashing for customers would start almost immediately.

I don't think that customers would tolerate anything else.

Tolerate? Were we going to cut their pay?

1. hashing for customers (batch 0) commences on March 15-March 30.
...
3. hashing power provided does not change much from 3th/s if BTC stays at current levels. At $400-500/BTC, I would expect them to bump the offer to 4th/s pr even 5ths/s, otherwise nobody in their sane mind would keep the purchase.

1. They already said this wouldn't happen regardless of anything else. Afterall, they want to mine for themselves.

3. Of course nobody sane should buy their products now.. just like nobody sane should buy BFL.. and yet people keep placing orders...
hero member
Activity: 574
Merit: 500
1.21 GIGA WATTS
February 13, 2014, 10:57:51 AM
seriously, waaah. calling someone greedy for doing exactly what you are doing, just bigger and better. Grow up. If you are jealous, do it bigger.

True. I will remember this!

hang on a minute it's not exactly like me and many others, because I never asked for pre-order money, I never promised a NPS, and I never promised to sell you any miners/upgrade modules.

I also don't like playing mind games.
sr. member
Activity: 462
Merit: 250
February 13, 2014, 10:57:26 AM
I don't think that customers would tolerate anything else.



wow this made me laugh in this market
legendary
Activity: 3990
Merit: 4597
February 13, 2014, 10:41:14 AM
I feel that 'Orama is just a puppet Director of Communications for KnC!? Poor for him and poor for us too.
Back to school/work girls and boys, Bitcoin is just a hobby.

Right, especially after the nonsensical bickering between MtGox, Bitcoin Foundation and other exchanges. I thought that they would be out of beta testing at this point (5 years later).
full member
Activity: 178
Merit: 100
February 13, 2014, 10:36:20 AM
I feel that 'Orama is just a puppet Director of Communications for KnC!? Poor for him and poor for us too.
Back to school/work girls and boys, Bitcoin is just a hobby.
legendary
Activity: 3990
Merit: 4597
February 13, 2014, 10:35:24 AM
Well, it looks like they already have the hashrate to cover batch 1a.  IMHO, batch 1a will be considered late in mid May.  As the final batch two was sold to be shipped in quarter two.  Batch 1b a month before that and batch 1a a few weeks before that.  So in IMO mid May is the latest they can leave it for batch 1a.

Batch 1a was listed as Q1/Q2.
It is late on July 1st.
Anything else is wishful thinking.

I disagree. If the farm is ready by mid March, then I would expect hashing for customers would start almost immediately. I don't think that customers would tolerate anything else. Is it possible that they would first hash on massive power for themselves? Yes, it is possible, but would be wrong on so many levels-it is not even funny. They want to stay in business year after year-you cannot do that if you upset your customers. Hashing totally for themselves is super risky because it opens up for massive losses due to currency/BTC price fluctuation.

So, my prediction:
1. hashing for customers (batch 0) commences on March 15-March 30.
2. For batch 1-April 1-April 15 (or together with batch 0-one can dream, right?).
3. hashing power provided does not change much from 3th/s if BTC stays at current levels. At $400-500/BTC, I would expect them to bump the offer to 4th/s pr even 5ths/s, otherwise nobody in their sane mind would keep the purchase.
sr. member
Activity: 476
Merit: 250
February 13, 2014, 10:18:13 AM
Well, it looks like they already have the hashrate to cover batch 1a.  IMHO, batch 1a will be considered late in mid May.  As the final batch two was sold to be shipped in quarter two.  Batch 1b a month before that and batch 1a a few weeks before that.  So in IMO mid May is the latest they can leave it for batch 1a.

Batch 1a was listed as Q1/Q2.
It is late on July 1st.
Anything else is wishful thinking.
hero member
Activity: 616
Merit: 500
February 13, 2014, 09:44:53 AM
Planned to? More like there's 2 others already.. lol

KNCMiner.. where your new equipment, is our secondhand product.
sr. member
Activity: 434
Merit: 250
February 13, 2014, 09:40:44 AM
"The company added that it planned to build further tech hubs in the region later this year."

english translation from that swedish video ^^^^
http://www.thelocal.se/20140213/bitcoin-giant-to-open-new-mega-swedish-hub
hero member
Activity: 616
Merit: 500
February 13, 2014, 09:28:54 AM
They had a bottleneck on the controllers 'Orama? Really?

You work for the company and you didn't know this massive mining operation was going on?

Your company is dead to me.

It's true, they did.. they weren't lying. They simply told the truth, but there was more to it. There was a bottleneck on controllers.. for customers because they set aside most of them for themselves lol
hero member
Activity: 616
Merit: 500
February 13, 2014, 09:25:17 AM
Seriously, I'm laughing all the way to the bank on this. Cheesy

Some of you guys have done the math on the hashpower, and it's definitely significant is it not? Tehfeind's response a few pages back is definitely the wisest yet: Dump your orders and buy BTC. Especially right now while it's cheap.

Also, don't go too harshly on 'Orama, I would "wager" he's not kept informed of everything.. only what the overlords want spread around. And with his pay increase recently, I'm sure they'll keep him happy.

I love this thread. In life there's Politics and Religion which people argue over or have constructive debate.. and then there's the KNC thread on Bitcointalk. It has everything you could hope for.

Except the ability to acquire equipment LOL
legendary
Activity: 1904
Merit: 1007
February 13, 2014, 09:01:04 AM
seriously, waaah. calling someone greedy for doing exactly what you are doing, just bigger and better. Grow up. If you are jealous, do it bigger.

True. I will remember this!
hero member
Activity: 854
Merit: 500
February 13, 2014, 08:49:19 AM
They had a bottleneck on the controllers 'Orama? Really?

You work for the company and you didn't know this massive mining operation was going on?

Your company is dead to me.



hero member
Activity: 798
Merit: 1000
February 13, 2014, 07:24:46 AM
Speaking of Byteminr:

Byteminr ‏@byteminr 43m
Looking for people to help beta test the new KnCWallet. Check out http://beta.kncwallet.com

Sam registered variations on 22nd January, such as:
http://www.whois.com/whois/kncwallet.net

sr. member
Activity: 428
Merit: 250
BitcoinEvo [$XBTE]
February 13, 2014, 07:22:52 AM
Great!

Just remember: NEVER PREORDER AGAIN!
it was obvious, no one in Taiwan make you few 1000 of chips, minimum 10 000 pieces, then they care what you want
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