Share this article
KnCMiner sells $3 Million of bitcoin mining equipment in just four days
KnCMiner sold a whopping $3m worth of bitcoin mining equipment over the course of just four days last week.
By Emily Spaven
Updated Sep 14, 2021, 2:10 p.m. Published Nov 14, 2013, 6:50 p.m.
KnCMiner sold a whopping $3m worth of bitcoin mining equipment over the course of just four days last week.
The Sweden-based mining machine manufacturer has now sold out of Saturn and Jupiter rigs and has taken its maximum number of pre-orders following the frenetic period of sales from 7th November to 10th November.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Andreas Kennemar, CEO at KnCMiner, said:
"While we have seen a significant increase in demand for our line of machines from the last quarter to this one, what happened in [that period] has been unprecedented for us, maybe unprecedented anywhere in the bitcoin mining industry.”
Between 7th November and 10th November, the price of bitcoin, according to the CoinDesk BPI, ranged from a low of $253.86 to a high of $355.23, closing on 10th November at $335.97.
“The increased activity around bitcoin in just half a week undoubtedly had a sizable impact on our sales. We’re now focusing on doing everything we can to meet the demand we expect we will continue to receive, especially as bitcoin’s popularity continues to soar," said Kennemar.
The company also recently sold a $600,000 supply of upgrade modules in less than five minutes. It aims to begin taking pre-orders again soon.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Robinhood Stock Slides 8% After Big Decline in November Trading Volumes
Slumps across equity, options and crypto trading in November raised concerns that retail investor momentum may be fading.
What to know:
- Robinhood reported a sharp drop in trading volumes across equities, options and crypto in November.
- The company's total platform assets also fell 5% month-over-month to $325 billion.
- The slowdown in trading activity raised investor concerns that retail engagement may be fading heading into year-end.
Top Stories
