Quote from: Phoenix1969 on November 19, 2014, 03:16:29 PM

Quote from: coinmaster222 on November 19, 2014, 01:04:19 PM

KnCMiner is going to stop selling miners to unhappy customers and will instead focus on mining themselves. Hot on the heels of Magnus Daar Esq. of Nova, a law firm based in Sweden, stating that KnCs actions might hurt Swedens reputation for other Swedish companies, KnCs co-founder Sam Cole has admitted to closed and less-than-honest business dealings with former KnC customers. Here is his quote from his interview with Niclas Rolander of Bloomberg:

When we dont have these customers buy our hardware it becomes a different business model. It becomes much easier, much more open, much more honest, Cole said in a phone interview. Theres still going to be $2 billion, at todays price, mined in the next few years. Thats a lot of cash thats up for grabs, and were going to do our best to take a decent chunk of it.

This will stop 90% of the pre-order whiners that don't know about the Q/1-Q/2 DISHONEST delivery quotes, because they ALWAYS ship the first machine on the last possible day, with or without working firmware.
Over a year ago, a couple well-known Trolls refused to believe KNC started working with AllChip on 16NM FinFet technology, and that the first ones would be rolling out in January... ahem... March 31st. What do you think now?

KNC is still very strong player on the market, they have 21 Phs of own mining (by organofcorti report).
How much does KNC pay for electricity on their DC in Boden, Sweden? http://www.datacenterknowledge.com/archives/2014/02/06/bitcoin-miners-building-10-megawatt-data-center-sweden/

As I know Sweden isn't a country with cheap electricity..