KnCMiner Becomes Latest Bitcoin Company to Embrace 'Bits'
KnCMiner has become the latest bitcoin company to join the ecosystem's ongoing debate over how bitcoin prices should be displayed. The Sweden-based bitcoin mining company announced on Twitter today that it will now allow users the option to view bitcoin prices in bits on its KnC Wallet app. Added denomination "bit" in mobile #Bitcoin wallet. Switch 2 bits & feel richer automagically: http://t.co/aXIL2Vp9fG pic.twitter.com/r3V834D3VK. - KNC Miner (@kncminer) August 26, 2014. The news plays into a growing debate on how bitcoin's value should be expressed in order to best appeal to mainstream....
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Original Neptune announcement image. KnCMiner has previously received a lot of attention as the first "legitimate" Bitcoin ASIC manufacturer especially after the BFL fiasco, but has this once widely-touted company lost its touch and turned to the dark side? Editor's Note: KnCMiner's CMO, Nanok Bie, has reached out to CCN to clarify that no Neptunes are being used in their datacenter. Furthermore, he clarified that KnCMiner's 5% of total network hashrateincludes the hashratethat they sell in contracts; that is to say, KnCMiner makes less than $3.6 million USD a month from mining. He also....
KnCMiner, a Stockholm-based bitcoin mining hardware designer, has announced today the deployment of its home-designed 3D bitcoin mining 16-nanometer chip. The company said in a press release: Commenting on his company's latest achievement, KnCMiner's CEO Sam Cole, said: The 3D design improves the speed of the processors and dramatically increases energy efficiency, KnCMiner said, adding that "better efficiency results in even more environmentally friendly Bitcoin transaction processing." "Never before in history has this kind of technology seen the light of day. The move down to the 16....
The now bankrupt Swedish Bitcoin company, KnCMiner has been bought by an unknown buyer. Further information awaited... There is always someone ready to make the best out of things that didn’t work out for others. KnCMiner seems to have found that someone. According to recent reports, the Swedish Bitcoin mining firm has been purchased by an unknown buyer. KnCMiner, one a leading Bitcoin mining company had recently filed for bankruptcy. The company had stated escalating costs and stiff competition as the reason for bankruptcy. The news came as a shock to the Bitcoin industry as KnCMiner was....
On July 17, BitPay announced the launch of Get Bits, a simple solution to Get bitcoins anywhere in the world. If "What is a Bitcoin?" is the number one question asked, perhaps "How do I get a Bitcoin?" is the second most asked. Buying bitcoins is one of the biggest hurdles to getting started; that's why BitPay created Get Bits. Get Bits lets you give and receive bitcoins to your friends through your Facebook. BitPay is a payment provider used by both Newegg and TigerDirect amount others. Its strongest competitor is Coinbase, which has just picked up Dell as its newest and largest partner.....
J-J's broken KnCMiner Super Jupiter. KnCMiner has started shipping a 3 TH/s Bitcoin mining box, the largest single Bitcoin ASIC miner in existence at the moment. The unfortunate part, though, is that none of these KnCMiner Super Jupiters arrived at their destination in one piece. KnCMiner has responded promptly on their forum, promising to ship new, properly constructed, units to affected customers, free of charge. KnCMiner also emphasized that customers needing to RMA their Super Jupiter would not have to pay return shipping on the existing $10,000 “machine” that was shipped to them; they....