Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Nemo1024
on 18/07/2013, 13:20:41 UTC

Asicminer will only ever have 20-25% of the hashrate.  Their hardware is in no way competition to KNC.

sorry I don't follow :p
How is a direct competitor selling the same product not competition exactly? Its like saying Sony and Microsoft don't compete for your cash.

They are selling a product that will never ROI because they are in the business of mining. They don't care if nobody buys their products, but if a sucker comes along and buys one for more than it will ever mine, then score for Asicminer, but can't call that competition.

Well, KnC state that they also mine themselves:
https://www.kncminer.com/pages/faq