their real product is year end, you need to take risks because they don't accept pp or cc and their refund policy is to protect them and not you. Remember you have Zero "0" chances of getting a REFUND. Delay or Difficulty they will asked you to buy some add on to increase hashing rate, bye bye to your payments.
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Mark my words: given the current circumstances, best case scenario is first miners ship at the very end of September (last week for sure), and the vast majority of those who hoped to receive their hardware in September will receive it in October. No working ASIC prototype on September 6th.
Best case.
Sad to say I have to agreed on this, no working prototype and no asic to show.
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What a guy with those attitude and personality would someone let him escrow?
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Yea, keep repeating their BS, so everyone will know
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According to one of the GBCs I advocate for, ultibit, I understand that John K. has been tied up lately and very busy. They've been waiting days for service IIRC. I noticed recently that the GB forum needed escrow service redundancy and more prompt attention (IMHO), which is which I started my GB services. I offer a response time of 12-24 hours for official transactions, but usually around 4-6 hours. My niche is the Group Buys forum and pre-planning GBs so I guarantee I'll give you much more prompt and detailed support then any normal Escrow Service can possibly provide (since they have to serve the whole BTC economy/marketplace). I provide world class customer service support, education skills, and access to my 30 years of IT and advanced sales experience (I once sold and taught close up magic tricks as a teenager).
I would like to offer my escrow coordination services as well; I'm not an Escrow Repository but I can set up semi-automated sales for your fundraising at BTCrow for a 2% total fee. BTCrow offers low fees, Escrow Repository services as you build up your funding, refunds, manual release of funds by buying parties at the end of the fundraising effort, and even professional 3rd party dispute resolution for up to 120 days post-sales, which is something that could be important to potential backers.
I run a small miner co-op & I vet new Group Buy Coordinators and amateur miner hosts on the GB forum for free as a community service. I also advocate for both buyers and sellers. I've passed on 9.3 BTC on behalf of 3 different miners for HashFast Group Buy shares via John K.. In only about two weeks of my services being available: I have vetted (or am in the process of vetting) 5 different new or aspiring Group Buy Coordinators so far and multiple amateur miner hosts in several different states in my matchmaking index with super cheap electricty,
This Guy look very scammy to me, trying to self promote to be an Escrow Guy. A Scammer promoting himself what a joke. This whole thing looks very suspicious to me. What Guarantee Do they have? Another x-crowd, Abidi?
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What are you do dreaming? No chips to show, please remember to read my threads and postings on KnC.
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I'm only aware of ONE seller who decided to fuck people with a 5% penalty, and that's Steamboat.
In addition to the chip purchase, he also pre-sold Klondike parts assembly services. Not only is he only offering a fraction of refunds on the hardware costs for those, he's also not refunding people's ASSEMBLY and shipping costs, for services that weren't even performed (obviously). What a fuckstick.
Then there's Raginazin who just up and lost his fucking mind about the time everybody's money was paid in, and disappeared. Odds are pretty good we can get John K to process the refund on that one...
Either way, I think the other group buyers ran their buys in a professional and fair manner, and didn't try and rip people off.
Totally agreed, what a sucker.
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Very disgusting when some group buy leaders took advantage of the situation and start charging 5% or more for the group buy refund. When Yifu gave a 100% full refund. So those Greedy and Selfish group leaders we know who you are. These group buy leaders organised DIY and buy pcb, parts etc, thinking of making more money greed but who in the first place went a head and spent money on this parts, you yourself are to blame. Why blame those who choose to only want the chips and nothing more. If you choose to charge 5% or 10% on those who requested you to buy parts for them that may be more reasonable, why put everyone in the same group.
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Was very Sad and Surprise when many of us Never get 100% Chip Refund when knowingly Yifu gave 100% full refunds. So please lists down the ones who gave 100% Chip Refund and who did not and an extra charge 5% or even 10% or 15% for being greedy and selfish.
We need this data so in future you know who to sign up for future group buy.
100% Full Refund Lists:
Those who charges us 5% to 15% lists of Group Buy Leaders:
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The service fee has been reduced to 5%, which seems fair. Thanks for the update.
Still curious to hear about assembly, parts and shipping.
Seems fair? This is absolute bullshit. Steamboat already made 10% on each chip order. Why does he deserve another 5% for essentially filling out a refund form from Yifu. Granted he will have to deal with all the paperwork but that was what he signed up for when he organized this group buy - total control. Why was every other group buy organizer able to provide a 100% chip refund?This is absolutely outrageous. Totally not fair, in the first place you shouldn't mark up 10% and add another 5% if other group buy can give 100% refund. Next time you know who to sign up for group buy.
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Sorry if this has been discussed...
If each chip is rated at 4.7Gh/s @ 12.8W. Wouldn't that mean they could run a 5W USB single chip stick at ~ 1.8GH/s for ~$3 USD + markup?
What's the point of $3 or even $1 per asic chip when they have nothing "0" Zero things to show, vaporware.
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No news worthy of reading from your website, are their chips still work in progress
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How about no mining in a week. And no mining in 6weeks?
I think that will do it.
Yes, is scary to know they just disappear, no news and updates, no asic chips and miners, and all those road show are full of Bs and Lies.
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Feels like theSwede and Sam from LC has disappear for good with your money.
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300 pages and I have only one question. Is there a single working KNC miner in existence? So to repeat myself after 100 pages, any working KNC miner ASIC yet? Nothing, right now, nothing to show or proof
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Guess What? Knc Miner delay was planned out to used your miner you pay for their own mining interest, just think 1 month of using a thousand unit of your miner at 400gh/s each, would steal a lot of your bitcoin, won't they.
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With no chips to show the delay in posting and doing a Demo of the chips on Youtube or Video is due to the following problems: 1) Designs cannot make the Chips, way to complicated than expected. 2) Marcus is melding with the chip performance, he want to max out those chips 3) Designs does not fit into the pcb board 4) sam is too busy attending conferences and events to show who he is 5) They are giving excuses for the delay, with nothing to show 6) The Fab do not have slot for Knc 7) Wafer and mask giving problems. They are all at some Caribbean Island enjoying themselves 9) sam and his gang has change their identity, not traceable.
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Whoa, someone just put 15 BTC on Yes >_> Someone knows something. Think it might be Sam or Andreas? If I were them and I knew we'd be hitting our target, I'd place that bet. Heck ya. That's the whole purpose of an information market, to monetize sharing expectations. And only someone really confident or with insider info is gonna spend $1500... $1950 betting on this (damn, bitcoin being worth more than $100 is really screwing with my estimated math these days ) Lol! Was actually worried with the relative size of the No on that bet precisely because there must be people with inside info who could safely bet yes. KncMiner just drop in another 15btc, to make sure you guys don't have to worry, a nice cover up , what is 15btc when each miner they can easily make more than that in profit.
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well KNC has 44 days to get my miner to me. Let the countdown begin
Even if they had working prototype it would be hard to assembly+ship all preordered units in time - look at BFL Yes, that is really something to worry, nothing to show and no chip to show.
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NO YES 28.20 BTC 21.20 BTC KnCMiner will deliver ASIC devices before October 1st KnCMiner will deliver ASIC Bitcoin mining devices to their customers before 1st of October 2013. Devices must meet advertised performance (>175GH/s, <500W for Saturn ; >350GH/s, <1KW for Jupiter) in order to be accepted as valid. At least 5 deliveries confirmed by respected members of the community required. More and More people don't believed that KNc will deliver before October 1st. With NO NEWS on Chips, how many will Believed they will deliver before 1st October 2013. http://bitbet.us/Majority says they will not delivered on time.
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