Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
The Avenger
on 09/07/2014, 09:38:36 UTC
KfC did some good propaganda, trying to mislead people into thinking Q1 was ever possible.

It's not surprising when they were putting blatant and misleading (you could call it fraudulent) info out there:

February 2014 Newsletter:
"As we are getting closer to the launch date of Neptune"

Seriously, KfC say nothing in their newsletter, leaving their customers scrambling for clues. When customers see something like that, they desperately clung to the Q1 delivery hope. Even I was beginning to think KfC could ship in Q1, until buttcoinorama dropped the "preliminary design stages" bomb and revealed the extent of KNC misrepresentations (aka lies).

Then I went back to my original belief that KfC would deliver late, like they have done 100% of the time. It's now the second week of Q3 - they maintain their 100% record of delivering late!

Q2 begins in 3 months, 2 weeks.... not seven months... and the ststement said q1/q2, so could be sooner.
KNC have shipped *everything* late. Even, somehow, boards they had in stock  Grin So they have a 100% track record of delivering late. That's what I base my numbers on - what they have done over and over again - 100% of the time.

They say Q2, it could easily mean "first weeks in Q3". That's totally consistent with what they have done 100% of the time so far. If you think they will suddenly change that, when going out into uncharted water's with 20nm, you are welcome to delude yourself into believing that. It's much more realistic to look at what a company have done 100% of the time to work out how they will perform in the future.

People wouldn't believe this when I said it back in Q4, 2013. Well some did, but most didn't and said I was trolling. I don't think 100% accurately predicting when KNC would ship 7 months ago is trolling.

It's better to look at what KNC have done in the past to figure out what they will do next, rather than believe any of the misrepresentation/lies/propaganda/deceipt/fraudulent claims they spread in newsletters etc.