KnCMiner has stopped selling hardware and is instead KnCMiner will continue building up its own datacenters in cheap-electricity regions of the world. (read Iceland and Sweden)
KnC has estimates its equipment is behind about 25 percent of the bitcoins being mined has had enough of servicing unhappy clients.
KnC co-founder Sam Cole.
Yet the pullback by individuals who had hoped to grow rich in their garages belies the potential for companies that have built up the scale to stick the course, he said. “When we don’t 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. “There’s still going to be $2 billion, at today’s price, mined in the next few years. That’s a lot of cash that’s up for grabs and we’re going to do our best to take a decent chunk of it.”
Check here the live stats of the KnC Hash Rate Distribution
Bitcoinupdate already post about KnC
KnC has estimates its equipment is behind about 25 percent of the bitcoins being mined has had enough of servicing unhappy clients.
KnC co-founder Sam Cole.
Yet the pullback by individuals who had hoped to grow rich in their garages belies the potential for companies that have built up the scale to stick the course, he said. “When we don’t 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. “There’s still going to be $2 billion, at today’s price, mined in the next few years. That’s a lot of cash that’s up for grabs and we’re going to do our best to take a decent chunk of it.”
Check here the live stats of the KnC Hash Rate Distribution
Bitcoinupdate already post about KnC
KnC Hash Rate Distribution
KnCminer team
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