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You can make make individual squares, and knit them all together at the end. (quilt)
Knifty Knitters are used to knit forms that would otherwise be very hard to achieve. A knifty knitter can be bought from most craft shops that sell yarn and knitting needles.
I think you are asking about circular loom knitting. One popular brand, the Knifty Knitter, has several online instruction resources. See link below.
If it's similar to the knifty knitter then think of it as a giant version of corking. You wrap yarn around the pegs then take the bottom stitch off. That is the basic stitch, there are other stitches out there you can check out you tube and there are books on how to use the knifty knitter.
It depends on how long the scarf is and how fast the knitter is. Normally a few hours, the number depending on how fast you can knit, for a fast knitter possibly three to four and a half hours solid knitting time.
You can knit a simple scarf, or a hot pad.
This is strictly a personal choice, for the knitter and/or for the proposed recipient.
Practically, a loom is used for weaving. Knitting is accomplished on a knitting machine or completed by hand using knitting needles.
When you reach the slip knot, knit it just like all of the other stitches, throwing it off at the end just like the other stitches. When you have knit the slip knot, all of the stitches should be on the right needle, and the left needle should be completely free*.*There may be some exceptions to this rule, as in circular knitting, but this will not be addressed until you are an advanced knitter, and you don't have to worry about that right now.
Pique is a a knit weave. "Cotton knit" is not a weave but a content and fabric. By cotton knit i assume you are asking about the fabric of the regular t-shirts, that wave is know as Jersey (Single Jersey in technical terms)
Theres Double Knit , Single Knit , Interlock, Velour, Stretch Velvet , Two way stretch and interfacing
single jersy fabric consist of one right side and one wrong side