Kinda, yeah...
2014-01-10 21:28:33 by dcsetupexpertFor Bitcoin, the only real way to mine them is in a pool and using a very specific machine called an ASIC miner... Unfortunately, you would need an incredibly powerful and expensive machine to gain any real amount of Bitcoin...
However, the work that an ASIC miner is doing - the 'problems' as you called them - can only be done on Bitcoins (which use SHA-256 to generated the cryptographic...br />
Other currencies, like Litecoin and many others, use a different type of scrypt which is currently immune to ASIC miners... For that reason if you want to solve the 'problems' using your computer power, you're probably best to spend it's/your time on scrypt currencies and then trade up on markets!
If you'd like to chat more, please feel free to be in touch at dcsetupexpert@mail.com
KnC IS A SCAM dufus
2014-02-08 09:42:55 by ---hah-durrr------It's been known for some time that KnC is fraudulent.
Update on KnCMiner, the question remains: Is it a scam?
7 Replies
Bitcoin Square ava 2Weve released three articles about KnCMiner already. The main subject on all of these articles was trust, which we still dont have heaps of.
Read all articles about KnCMiner
A quick summary
KnC is a company that claims sell Bitcoin asic miners. When the KnC website launched, there were no pictures, no specs and no proof of legitimacy whatsoever. What they did have, however, were prices. One extremely expensive 6 GH/s piece and one extremely cheap 250 GH/s miner