Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Twh
on 03/06/2013, 17:41:32 UTC
I had high hopes for this company, so it's really a shame that they're pulling the same stunts as all the other ASIC manufacturers. FPGA miners have been available for months, so it's really not that impressive to demonstrate a working FPGA miner.

Giving a company pre-order money in hopes of getting a working ASIC miner months later reminds me a lot of betting on a horse race. If you bet on the right horse, you can make a lot of money (Avalon or ASICMiner stock). If you bet on the wrong horse (BFL), you could be left with nothing.

I really hope a very large semiconductor company recognizes the potential of bitcoin mining in the near future and enters the market so we can put an end to all these shenanigans once and for all.
The point of the FPGA was to prove that they can develop a product quickly and produce it in large quantities. The first they did actually achieve, the latter they did not; I'm not particularly upset that they aren't going to deliver the FPGA since it really was useless. Whether or not I order is entirely dependent on whether my bank covers the purchase, if they do, there isn't really much to lose, and as such I don't really see what's everyone getting upset about either.