Yes. Did you read section 75?
Did you check with KnC whether they take a part payment?
If they take a part payment you can pay by cc and debit card to satisfy the Section 75 that way.
Section 75 applies to credit cards only, and thus it protects payments for those payments made using a credit card as the vehicle of payment.
You should check with you card issuer about what occurs of you add balance to your card. I'm not going to pick S75 apart for you when it's here and available for you to make your own mind up. It appears that Metrobank will assume equal liability by your prior statement. Call them and make sure you explain specifically what this if for, where it is being purchased from and the timescale to delivery, explain how you wish to add funds and can they confirm that they will cover beyond the credited amount to include the positive balance as well. I believe it is as you are using the card to make the purchase. Check again with your bank.
I'm confused. My post, that I pointed to stated that I already did that and you keep telling me to do it. I was in the bank today and the bank manager confirmed that whatever money are on the credit card they are all covered. So what are you asking me exactly? Nothing. My post #58 was just a statement of my findings today and your reply to it was telling me to ring my bank and ask, when I was actually in the bank and asked. Sorry man, been out all day, it's late, I'm tired. Glad it' good news then! Apologies accepted. I feel much more protected now  It can't get any more secured than that. |
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Exhausting as it's been KnC have silently been creating their own network of satellites orbiting the globe to provide precise, and accurate real time feedback of the miner positioned right next to you;  Perhaps alternatively you could just get a chain and anchor the thing? I do like the tile thing though. Now even Bitcoinorama is (semi) trolling my question  Anyway, CYPER has put me on the right track and I'll look into that more. Thanks bud. Now I shall return this thread to it regularly scheduled troll fest  I believe there are even smaller devices with built-in battery, that you just stick to something. And they look much less conspicuous. |
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Yes. Did you read section 75?
Did you check with KnC whether they take a part payment?
If they take a part payment you can pay by cc and debit card to satisfy the Section 75 that way.
Section 75 applies to credit cards only, and thus it protects payments for those payments made using a credit card as the vehicle of payment.
You should check with you card issuer about what occurs of you add balance to your card. I'm not going to pick S75 apart for you when it's here and available for you to make your own mind up. It appears that Metrobank will assume equal liability by your prior statement. Call them and make sure you explain specifically what this if for, where it is being purchased from and the timescale to delivery, explain how you wish to add funds and can they confirm that they will cover beyond the credited amount to include the positive balance as well. I believe it is as you are using the card to make the purchase. Check again with your bank.
I'm confused. My post, that I pointed to stated that I already did that and you keep telling me to do it. I was in the bank today and the bank manager confirmed that whatever money are on the credit card they are all covered. So what are you asking me exactly? Nothing. My post #58 was just a statement of my findings today and your reply to it was telling me to ring my bank and ask, when I was actually in the bank and asked. Basically you told me to do something, that I already did and said I did in the post above. |
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Yes. Did you read section 75?
Did you check with KnC whether they take a part payment?
If they take a part payment you can pay by cc and debit card to satisfy the Section 75 that way.
Section 75 applies to credit cards only, and thus it protects payments for those payments made using a credit card as the vehicle of payment.
You should check with you card issuer about what occurs of you add balance to your card. I'm not going to pick S75 apart for you when it's here and available for you to make your own mind up. It appears that Metrobank will assume equal liability by your prior statement. Call them and make sure you explain specifically what this if for, where it is being purchased from and the timescale to delivery, explain how you wish to add funds and can they confirm that they will cover beyond the credited amount to include the positive balance as well. I believe it is as you are using the card to make the purchase. Check again with your bank.
I'm confused. My post, that I pointed to stated that I already did that and you keep telling me to do it. I was in the bank today and the bank manager confirmed that whatever money are on the credit card they are all covered. |
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So would be good to have some tech where if some clown were to plug it in, you could get a fix on the location. And then send in the feds  GPS module, but I guess it is too late for design changes Maybe Gen 2 can have it This sounds interesting. Is it something you could attach yourself, to the case or something? Yes, you can just place it/attach it inside. Doesn't even have to be connected to anything - it's autonomous. A GPS tracker like this one: http://dx.com/p/portable-mini-gsm-gprs-gps-tracker-for-personal-remote-positioning-22599 |
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So would be good to have some tech where if some clown were to plug it in, you could get a fix on the location. And then send in the feds GPS module, but I guess it is too late for design changes Maybe Gen 2 can have it |
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Bitcoinorama, do you know if money deposited on top of my CC limit are protected under Section 75?
For example if my CC limit is 3000GBP I can make a deposit of 2000GBP to my CC account and thus my available balance will be 5000GBP.
If I make a purchase for 5000GBP then for what amount is the bank liable?
You asked me this the other day, and I answered you in this thread, it looks like they protect any funds in which the credit card had been the vehicle for payment, but don't be lazy and ask on a forum. Ring your bank and let everyone know here. Your answer was about the case, where you pay a small deposit on the CC and the rest from a debit card, which is a different case and on top of all it would not work with the way KNCMiner website works. I realise that. I'm not a card issuer, but I did attach Section 75 in it's entirety. You can take a look. I believe as I said, it comes into play by using the credit card as a vehicle of payment our respective of whether you load it up with some cash amount prior, or not. Call your card issuer and ask. Read Section 75. You could always ask KnC to split payments. They might, ask. Did you actually read my post HERE? |
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Bitcoinorama, do you know if money deposited on top of my CC limit are protected under Section 75?
For example if my CC limit is 3000GBP I can make a deposit of 2000GBP to my CC account and thus my available balance will be 5000GBP.
If I make a purchase for 5000GBP then for what amount is the bank liable?
You asked me this the other day, and I answered you in this thread, it looks like they protect any funds in which the credit card had been the vehicle for payment, but don't be lazy and ask on a forum. Ring your bank and let everyone know here. Your answer was about the case, where you pay a small deposit on the CC and the rest from a debit card, which is a different case and on top of all it would not work with the way KNCMiner website works. |
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KNCMINER said they are going to ship my unit Tomorrow and your guys unit the next month.
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I went to Metro bank branch today and got my shiny new CC, which has zero commision on foreign purchases and the good news is that according to Section 75 if you deposit extra money on top of your credit limit and you make a purchase then that deposit is covered on equal basis as the money from the bank. Basically if you have 100GBP CC limit and deposit 5900GBP on top, then if you make a purchase for 6000GBP and the retailer goes bust, then you have an equal claim against the bank for the full 6000GBP So in terms of protection I think that is the best way to purchase from UK |
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I just wanted to report back(Even though most of you are ass holes) That I just got a Reply back from Knc that they are processing my Refund..
Thank you Knc...
Good luck to the rest of you Suckers......
How long did it take you to get a reply I sent them an email yesterday. These units are pretty much going to be doa since most likely they will ship by end of september due to KNCs wording in the upcomming weeks. All orders placed now will ship in October meaning full shipping will commence sometime right before October. Even if you get them mid September you can make some money just not worth it really. Best thing to do is wait for the price/roi wars to start between manufacterers. What other ASIC manufacturers are stating deliveries in October and how likely is it that they will do it? |
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Does Graet advertise his escrow services?
Not sure, too tired to look. He was proposed to me by a fellow bitcoiner with whom I made a trade, and he's very well known for his mining pool, ozco.in Other than having held quite a few BTC on my behalf, he's a very friendly person and I most certainly trust him. Now, you need to do your own due diligence before you take my word for it, of course. Thank you. I just sent him a message If you can recommend anyone else that would be great, so I have a backup option |
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Sorry to hijack the thread, but can you recommend a member that can provide the same level of escrow services as John K? I already contacted John, but he is very busy and cannot help  It's about the new KNCMiner Reseller program - I'm looking for a trustworthy person, who can register as a reseller, so me and other people can purchase through him. After 10 sales he would get a free miner and then we can distribute the profits between us Graet and John are my go-to people when in need of escrow. Does Graet advertise his escrow services? |
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Sorry to hijack the thread, but can you recommend a member that can provide the same level of escrow services as John K? I already contacted John, but he is very busy and cannot help It's about the new KNCMiner Reseller program - I'm looking for a trustworthy person, who can register as a reseller, so me and other people can purchase through him. After 10 sales he would get a free miner and then we can distribute the profits between us |
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Wait wait wait wait wait... that's they're Jupiter cooling? ROFLMAO. Those heatsinks are rated for peak of ~140W, not 250. And they think they can exhaust 1kw of heat with 2 standard 120mm fans?
My 1x250mm 1x200mm, 5x140mm and 2x120mm case was struggling with 800-900W. I told you those thermal simulations were really, really wrong.
Sorry to disappoint you guys, KNC lives in the clouds.
Heatsinks are Arctic i/A30 which are rated for Max. Cooling Capacity 320 Watts You are some sort of an expert, aren't you?  |
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Hey Bitcoinorama.. You there? You like the KNC update they just released??? Oh wait, you bitched me out for asking for that update.. You Dumb Shrill..
You just wish you were half as useful as Bitcoinorama, but you are just a simple troll |
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Yes, that's what I've been saying. Ring your card issuer and check their stance w.r.t. third party payment processors and protection.
I just spoke with my bank, specifically asking if I'm covered under section 75 if the payment is made though PayPal* and they said yes. * - I explicitly stated the 2 cases where you can either pay directly without logging in or sort of indirectly where you log in, then PP charges your card and probably PP pays the merchant out of its own money (at least that how I think it works). Also even if I pay just 5 pounds deposit and the rest on the debit card I am still covered for the full amount. I don't want to say I told you so, but... Note: See there is absolutely NO reason for pre-orders without card payment as an option. They just want to use your BTC as a free ride, with minimal accountability!! Well I haven't touched the whole B2B or B2C uncertainty, so you never know, but at least I will feel more secure that way. Next thing: call KNC tomorrow and ask them if it is possible to pay part of the order with a credit card and the rest with a debit card. |
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Yes, that's what I've been saying. Ring your card issuer and check their stance w.r.t. third party payment processors and protection.
I just spoke with my bank, specifically asking if I'm covered under section 75 if the payment is made though PayPal* and they said yes. * - I explicitly stated the 2 cases where you can either pay directly without logging in or sort of indirectly where you log in, then PP charges your card and probably PP pays the merchant out of its own money (at least that how I think it works). Also even if I pay just 5 pounds deposit and the rest on the debit card I am still covered for the full amount. |
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Noob question here but knc said there would be an RJ45 connector on the case to presumable connect directly to your router. I assumed the machine would connect directly to a computer (which is connected wirelessly to a router in my case) via usb where you would then set up cgminer to connect to whatever pool you were on.
Can someone explain exactly how these new fangled Asic machines are set up?
I expect a web interface similar to a router. |
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kncminers update:
Um. thanks? good, Does anyone know the measurements of the case ? Really? |
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