KnC Miner – Bitcoin Mining Hardware Chip Equipment Scam?
KnC Miner declared bankruptcy back in May 2016. Today, the company is back in business with an improved miner called Titan 2.0. Let’s take a closer look at KnC Miner today.
What is KnC Miner?
KnC Miner begun life with a bright future. After being founded in 2013, the fast-growing Swedish startup company secured $32 million in venture funding from investors like Accel and Creandum, for example. Unfortunately, the company declared bankruptcy in 2016.
This past week, KnC Miner re-launched with an improved Titan miner called the Titan 2.0. The miner promises to build off the success of the original miner while offering new and improved features.
The KnC Bankruptcy
How did KnC Miner come back from the dead? After the company declared bankruptcy, it was purchased by a Swedish IT and telecom company. Specifically, it was purchased by GoGreenLight, which is a sister company of telecom company Borderlight.
In February 2017, the new owners got KnC Miner’s hardware back online with help from the original team of 25 employees.
In the first week of February, the company had already mined six blocks. GoGreenLight accounted for 0.6% of the total bitcoin network hashrate over the past 24 hours at that time.
The Titan 2.0
KnC Miner is preparing to release a new miner called Titan 2.0. They miner has not yet been released, but you can sign up to receive updates via the company’s email list. You can also order it online right now, although the first batch isn’t being shipped until August 2017.
Titan 2.0 promises to solve many of the problems with previous miners. It promises to be a high-quality piece of mining equipment paired with excellent service, but under the new ownership of GoGreenLight.
As the official KnC Miner website explains, “The previous owners had some financial issues, but now, the cryptocurrency economy is thriving more than ever!”
With that in mind, the owners promise to have fixed common complaints about the original Titan, including issues with overheating.
Other issues that have purportedly been fixed with Titan 2.0 include quality issues where some miners didn’t function properly, and other units where hashing power dropped.
Why Buy from KnC Miner?
The new KnC Miner promises to build off the reputation of the original company. The company advertises key advantages like:
High Quality: The company claims they “have worked hard to improve our mining equipment and offer you the highest quality products”
Efficient: The company has reduced the power consumption of their miners to bring you the most efficient equipment.
Specialized Hardware: KnC’s Miners are specialized computers made exclusively for cryptocurrency mining.
Secure Network: Miners operate on a secure network to ensure your cryptocurrency funds are always safe.
Obviously, these are the same advantages as most miner hardware companies.
Titan 2.0 Features
What makes the Titan 2.0 different from the original? Here are some of the key features on the new and improved Titan 2.0:
- Comes in a plug-and-play kit with a complementary power supply, 4 PCIE extension cables, and a 1 year warranty and repair service
- Complementary worldwide shipping
- 750 MH/s
- 1300 watts
KNC Titan 2.0 Pricing
The KNC Titan 2.0 is priced at $1499 USD.
Your purchase includes a power supply, 4 PCI extension cables, a 1 year warranty and repair service, and complementary worldwide shipping. The company claims to have sold about 2000 units so far. Batch 1 begins shipping in August 2017.
Stay tuned for more information about the new and improved KnC Miner as the Titan 2.0 gets closer to launch!