Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
OmegaCentauri
on 04/02/2014, 21:30:28 UTC
that would be between 700 - 950 jupiters.

even if it was KnC

15,704,175 - 5% = 785208.75

540000 GH is not 5% of the network

Elastic, your comprehension skills seem to be lacking.

Still visible on the kncminer.com FAQ page, item #2:

We will not mine with more than 5% of the hash rate we sell

Also, you seem to be using an old statistic for the BTC network hashrate too. It's currently at 18.43 million, not 15.7 million.

So, yes. They are in fact mining with more than 5% of what they've sold.