Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
WastedLTC
on 09/10/2013, 16:28:56 UTC
...
Yes there are freshly generated coins entering the wallet the refunds came from. That's not a covert mining farm minting coins to refund. That's your hosted devices up, and running. Hosting is live. The issue is configuring the API to your accounts and that is being sorted now.
...

Thanks for this detailed explanation. It's much better than any information I did receive vie e-mail from KnC.
(But getting some info today about the hosting via e-mail made me calm down as well.)

I assume this is the "wallet" address, or?

http://blockchain.info/de/address/1D5FhoiuLMJJ43BCMGidwvbKWfr71g1vH9

I still did not quite understand the current "setup" - I assume it's something like this:

All customer miners in the hosting facility were configured to the new KnC (or some other?) pool with the above
wallet address. KnC did a semi-manual payout for all customers of 2,5BTC per Saturn and 5BTC per Jupiter.
This static setup will continue to mine until the web-frontend for the customers is ready.
At that point the owners can re-configure their miners with whatever (single  Angry ) pool they want.
When the dust did settle there will be an update for the web frontend that will allow the configuration of a backup
mining pool as well or KnC will perform a manual setup of the backup mining pool  Grin

A short confirmation would make me (and hopefully many others as well) happy  Roll Eyes

I have two day 1 jupiters that are hosted and have not received any BTC..  did everyone get a payout?