KnCMiner Stops Sales of Equipment, Mining For Themselves Instead
Sweden-based KnCMiner is quite frankly tired of dealing with customers, evidently. And it's one thing to curse at your unhappy customer while they are on hold. KnCMiner is saying goodbye to all of their customers because their discontinuing the sale of their equipment, according to Bloomberg. The news comes not too long after we reported last week that a California attorney was investigating the company and their practices in preparation for a potential class-action lawsuit. The company, which manufactures mining equipment for bitcoin and other digital currencies, claims that 25 percent of....
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KnCMiner Can't Compete in hardware sales, but they might be making it up to their customers now. KnCMiner has been unable to produce quickly and ship mining equipment for some time now. After it's lengthy eight-month wait for Neptune miners, they've decided to do the right thing and stop selling mining equipment to independent miners. KnCMiner will now be selling cloud mining instead. There are reports from KnC customers that Titan order refunds are being processed, according to GAW CEO on HashTalk. That is sure to make lots of KnCMiner Customers happy if true. If KncMiner continues on....
KnCMiner sold a whopping $3m worth of bitcoin mining equipment over the course of just four days last week. The Sweden-based mining machine manufacturer has now sold out of Saturn and Jupiter rigs and has taken its maximum number of pre-orders following the frenetic period of sales from 7th November to 10th November. Andreas Kennemar, CEO at KnCMiner, said: "While we have seen a significant increase in demand for our line of machines from the last quarter to this one, what happened in [that period] has been unprecedented for us, maybe unprecedented anywhere in the bitcoin mining industry."....
The next time someone asks the folks at KnCMiner, "how's business?", they'll probably tell you they're doing very well. That's because the Sweden-based company has raked in about $3 million in Bitcoin mining equipment sales in the past - wait for it (but you probably already read the title) - four days. As opposed to a company like Butterfly Labs who continues to take orders while unable to timely meet demand, KnCMiner has posted a banner letting their customer know they're sold out of Saturn and Jupiter miners during their sale from November 7 through November 11. "[this] has been....
As a follow-up to a post made yesterday, in which KnCMiner's upcoming Titan Scrypt mining rig pre-orders were announced, the company has shared some news with regard to sales - and they're nothing short of impressive. According to TechCrunch, the company notes that they managed to sell $2 million worth of the rig in pre-orders. In a four hour period. Let that sink in for a moment. Coming in at $9,995, it isn't cheap either. But for users looking to mine alternative cryptocurrencies, it could be a worthwhile investment. "We are overwhelmed by the positive response we have gotten and we will....
What's the good of being involved with bitcoin if you can't geek out on the bitcoin miner hardware that makes it all come together? KnCMiner 'Plan B' for Bitcoin Miners. The folks over at KnCMiner have shared some great images of their hashing data center - a facility that allows customers to mine before they've even received their hardware. Dubbed "Plan B", the company announced the hashed hosting for customers waiting for their orders to come in. Here's a look at the facility that is home to countless miners. Racks and racks of equipment. A simple, yet lucrative setup. An employee....