Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
The Avenger
on 05/09/2014, 19:23:21 UTC

This is the best bit:

Quote
There, it generates bitcoin for itself, as revenue, and also has started leasing power to customers. Customers can come to its website and pay a fee to get a certain amount of compute power for a duration of time.

Mr. Cole declined to say whether this activity is profitable for customers. “We don’t give indications of returns. That would be bad for business. We are not a financial adviser. We cannot guarantee the performance they will get. The customer will have to do this,” Mr. Cole said.

The difference now, he said, is that given that customers get access to the mining equipment immediately, it “makes the math easier to do.”

Scam Hole basically is spelling out their cloud business is primarily a business set up to fool idiots out of money. How does that guy sleep at night, it's disgusting. And not just Scam of course - Andreas and Marcus are equally disgusting people.