Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Phoenix1969
on 10/05/2014, 19:20:09 UTC
1. No way they can declare bankruptcy whilst declaring "a million kronar a day" in fiat.
2. Embezzle? No need when the deception has been done, and have "a million kronar a day" to wallow in.
3. How does one "embezzle" from a personal wallet thru mining again? (Your #4 makes absolutely no sense mate)
    "There is nothing that proves that they are not allready embezzling using personal wallets to mine to at "our" DC up north."
Huh? Mine with a wallet?  Have you ever mined Bitcoin?

If you meant our money from our preorders...  Well, one could also argue the fact they made plenty from Jupiter and Saturn previously, under decent terms.... plenty enough to cover Boden.  I'm not sticking up for them here, but there's no sense in dwelling on this too much... we in this thread have been over and over this information hundreds of times examining the facts, and your assuming they used preorder money for Boden doesn't hold water.
There's absolutely no evidence of embezzlement here...  dishonesty, and deception; yes..... embezzlement, no, sorry can't agree.
Embezzlement would be more like a KNC employee siphoning funds to a personal address at KNC's expense... and frankly, I'd give a shit less about that... I'd say then... "Karma is a bitch"  Tongue

If KNC made enough money for Boden from original orders (Saturns and Jupiters) why in the world would they need to finance the development of the Neptunes and Titans with preorders?
Because they spent the early profits filling up Boden
Now they ship out the Boden cards out to fulfill Stuper-Jupiter orders, as well as make room for the upcoming Neptunes... and they literally fell apart from being cooked too long. Another thing or angle SuperJupiter recipients could use is the fact they ordered new equipment, and got used equipment instead, so used in fact... they literally fell apart in transit... twice. Even Shipped as a kit, all wrapped up in bubble-wrap, the components literally pull off the board.
At first, we just blamed the wired-on cooling towers, riveded cases, and Saturn NNN hostnames, but now, with the second repacked shipment kits falling apart so easy, still smothered in thermal paste all dusty with no anti-static bags...  
It's reputational suicide. There's no way those are "New" boards. They're cooked.