Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
dropt
on 12/02/2014, 22:02:05 UTC
[...]

 ... But we see that with hardware getting more and more expensive people with $100 to "invest" will have nowhere to turn to mine coins soon and we don't like that it makes this an elitists activity and we will look at ways of allowing the man/woman with a hundred bucks still be a part of the community."

[...]

I respect what you're trying to say, but this statement by KnC is a little bit BS IMO.  Who's in charge of making this "more and more" expensive hardware?   Why do these manufacturers insist on end-goals of creating >1TH machines that consume more power than the average home circuit will allow?  

They don't have to, they choose to.  If KnC cared about the little guy, why not package a single 28nm die and sell it to third party designer/manufactures just like everyone else?  I think it's a little hypocritical to talk about how poor it is of manufacturers to leave the little guy with no option, then turn around and do exactly that.  Instead they're just pushing to make larger power hungry machinery meant for datacenters.  That's fine, but don't pass off a private 10PH farm under their direct control as a means to supporting the little guy.