Quote from: aerobatic on May 27, 2016, 11:46:57 PM

Quote from: Unacceptable on May 27, 2016, 10:16:57 PM

Quote from: CjMapope on May 27, 2016, 09:11:28 PM

kinda off topic but funny how things go
http://www.coindesk.com/kncminer-declares-bankruptcy-cites-upcoming-bitcoin-subsidy-halving/

Well,2 down,3 to go Cheesy

Good riddance to KnC .!.. Sam Cole!!! Cool

dont write them off. doubt they're gone. more likely, just restructuring, cutting cost, regrouping... and under administration they can do major things like getting rid of investors/contracts they don't like, etc. they will be back in a leaner and more competitive form. too much invested to write it off, imho

It looked like they were voluntarily winding up, not restructuring. Its a way of closing the doors while everyone can still get paid and walk away happy.