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1461  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 20, 2014, 12:45:40 AM
Refunded.  Wire charges amount to $18.  So, Thursday refunds don't arrive on Tuesday but Wednesdays.

Congratulations on getting your refund.

How did you go about contacting them for a refund? I've emailed them several days ago and received no response. My email asked what information they specifically need to process a refund, giving my order numbers in advance. Previously I'd receive a response within a day or two, but not now.

I'm not really keen on the idea of spending hours dialing their phone number and spending up to hundreds of dollars in phone expense and the time lost - time is money after all.

Thanks in advance.
Contact: Customer Service <customerservice@kncminer.com>

Can't seem to locate the email describing what is needed.  Obviously the order number to be refunded, name and address of the bank, the bank routing number, the name of the person holding the account, the account number and the bank's SWIFT code (for US banks).

Feeling good about the refund but I know as soon as guys start getting their Neptunes I'll be kicking myself.

1462  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 19, 2014, 03:51:19 PM
Refunded.  Wire charges amount to $18.  So, Thursday refunds don't arrive on Tuesday but Wednesdays.


Are people buying coins with the refunded amounts?  I'm at a bit of a loss at what to do with the new funds.. Re-invest in BTC or keep the USD and pay off the house Smiley


PAR-TEE, PAR-TEE, and yet I don't know, and yet I don't know, perhaps an Ingersoll watch, and yet I don't know...
1463  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 19, 2014, 03:23:53 PM
Refunded.  Wire charges amount to $18.  So, Thursday refunds don't arrive on Tuesday but Wednesdays.
1464  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 18, 2014, 04:55:58 PM
I'm still waiting for a refund in Bitcoin.

Here is the refund timeline thus far:

Feb 8th   : I requested a refund and provided bank transfer details.
Feb 13th : I sent a follow up message saying that I haven't received a response.
Feb 14th : Knc responded that they will need to provide the refund in BTC and asked for my BTC address. They said they will use the Bitstamp exchange rate at the time of refund.
Feb 14th : I responded with my refund BTC address.
Feb 17th : Knc responded that the refund would be processed shortly. The status of my orders changed to "Refund ready for process".

I will post an update when I actually receive the refund in BTC.


Interesting-did you pay in fiat initially? How many units?
Does this mean that refund in BTC is a default option now? I would actually welcome refund in BTC if I ever request it.
It's not default, I have had several refunded in USD, though paid for in BTC.
Good to know this is also an option though (shame it's not gox price)
I asked and was told the btc refund option was for the customers with large orders.
1465  Economy / Scam Accusations / Re: Coins Stolen from my QT Wallet on: February 18, 2014, 01:33:38 AM
Would having an encrypted wallet backup that one could drop onto the blockchain.info wallet recovery page be of any use in recovering the bitcoins?
1466  Economy / Scam Accusations / Re: Coins Stolen from my QT Wallet on: February 18, 2014, 01:19:54 AM
I sometimes wonder about AI.  Consider the address: 1JJewUpXpBHNDWVqzkKk7kWa7pQzRGfzpG

How often would a string happen containing Jew and kkk?
1467  Economy / Scam Accusations / Re: Coins Stolen from my QT Wallet on: February 18, 2014, 01:17:25 AM
May I ask what router you use?  I'm wondering if it's related to the Linksys Exxx router exploit.  The exploit was aired on hackernews.  If you have a Linksys router among those listed, the hacker could have gained access to the router then to your network.  Although if he hacked your very ling QT password then I suppose he could have hacked the router without the exploit.

The following story is only by way of rumor and probably isn't true.  There was this matoza ball soup shop and the owners were banking a nice penny every year like clockwork.  The owner had a safe in his bedroom.  Somehow the owner's daughter's boyfriend got the combination and removed a lot of cash.  He was found killed with a bullet to the head according to rumor.

Do you have a daughter with a boyfriend having computer skills?
1468  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 17, 2014, 11:08:39 PM
And a user might look at his kill-a-watt and find his miners have just ceased to be profitable given the btc value atm.  Some months later the btc value rises enough so he turns his miners back on and he asks himself - What if I had kept mining at a loss and then got here where it's profitable again?
1469  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 17, 2014, 08:58:51 PM
i cant run my microwave anymore...

day 16 after requesting a refund for batch 2...

kurt says 3-10 more business days as the funds 'left their account' on friday the 14th





A post earlier in the thread showed dates and emails regarding a refund.  The salient points were they do refunds on Thursdays and it arrives in the bank account on Tuesdays.  That's after they have all the needed information.
1470  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 17, 2014, 05:29:17 PM
The malibility fix implemented.  It was P2P mining that used the changed address but with that drop in hashrate I suspect most aren't registering.  So, tho Slush shows typical hashing speed for its pool, whether the blocks are counting is a question.  MtGox said it was rebuilding its blockchain.  If blockchain.info is rebuilding its blockchain then maybe they have diverted processing power to that rather than registering hashrate?

Bitcoin-QT is still syncing.

Okay, blockchain.info is back to normal.
1471  Bitcoin / Mining / Re: What's with blockchain.info network hashrate at 912175.06 GH/s? on: February 17, 2014, 05:18:38 PM
What's with blockchain.info network hashrate at 912175.06 GH/s?

My prediction is that they broke things when they made modifications in order to give the babies at MtGox something they could use for a unique txid.

https://www.mtgox.com/img/pdf/20140217-Announcement.pdf

So, that P2P mining is failing?
1472  Bitcoin / Mining / What's with blockchain.info network hashrate at 912175.06 GH/s? on: February 17, 2014, 05:12:10 PM
What's with blockchain.info network hashrate at 912175.06 GH/s?
1473  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 17, 2014, 05:03:34 PM
What's happened to the network hashrate?

It looks like blockchain.info says the hashrate is 912175GHS while Slush has a hashrate of 749586GHs!?
1474  Economy / Economics / Re: My Thesis Work On Bitcoin - Passing Some Ideas By You on: February 17, 2014, 04:31:36 PM
About this time last year there was a CIA video on bitcoin. 
1475  Economy / Service Discussion / Re: My Views on MtGox’s Bitcoin Withdraw Pause on: February 16, 2014, 06:01:55 PM
I question if MtGox can ever recover from this.  If and when btc withdrawals from MtGox are ever allowed to resume, I don't see any reasonable client leaving as much as a satoshi on the MtGox exchange.
1476  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 15, 2014, 10:53:32 PM

Also, since I don't launder money it shouldn't be a hassle, right? But you are likely right.  One question on the FUBAR report asked me to state the maximum value of the account in the last year.  Dollars I was well under $10k anytime but btc value no, e.g. paid for a Neptune in one fell swoop from Gox.  So, not clear on if they meant max dollars in the account or max dollar value of dollars + btc in the account, I instead checked the 'I do not know.' box.

I'll say it again..  if they want money they have to put in effort like everyone else...  no compliance without guidance.   Most likely there will be amnesty in a year when they finally get around to it.



Where does fincen want money?  E-filing is free.  Are they not tasked with stopping the transmission of drug money to foreign drug lords?  Fincen is not a taxing agency is my understanding.

you post so much i picked the wrong quote.. it seemed to be the shortest so that was my logic

no problem
1477  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 15, 2014, 09:49:04 PM

Also, since I don't launder money it shouldn't be a hassle, right? But you are likely right.  One question on the FUBAR report asked me to state the maximum value of the account in the last year.  Dollars I was well under $10k anytime but btc value no, e.g. paid for a Neptune in one fell swoop from Gox.  So, not clear on if they meant max dollars in the account or max dollar value of dollars + btc in the account, I instead checked the 'I do not know.' box.

I'll say it again..  if they want money they have to put in effort like everyone else...  no compliance without guidance.   Most likely there will be amnesty in a year when they finally get around to it.



Where does fincen want money?  E-filing is free.  Are they not tasked with stopping the transmission of drug money to foreign drug lords?  Fincen is not a taxing agency is my understanding.
1478  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 15, 2014, 09:45:30 PM
Looking at the photo, confrontation on sidewalk in Japan, the MtGox owner doesn't strike me as the kind of guy who will do seppuku.

Something is stinking very badly at MtGox.  On the 7th I e-registered my MtGox account with fincen, today on the 14th MtGox notifies me my account is flagged for AML.


WHOAH! Why would you be motivated to register your Gox account at Fincen? Especially since Fincen declared Miners were NOT money transmitters, and need not register? That literally makes it necessary for Fincen to requisition yet even more account info from Gox, and I'm sure they must LOVE that again.....  it literally forces an AML check flag, they have no choice, you did it by telling Fincen you were a transmitter within Gox; that's the literal function of registering.  I.E.  all fincen registrations are AML investigated, because that's what you actually apply for... approval....  which they need to review all your account information within Gox. So, the AML flag was placed there by you in reality. That just seems totally un-necessary, and dangerous!
Just curious?

Doing my taxes and there's a chart comparing the IRS and fincen (two columns) and then dollar value of accounts that each must be informed about, foreign accounts IRS $50,000, fincen $10,000, then goes on to list different securities and assets (IRS could care less about your store of gold coins).  Also I recall bitcointax.info suggested strongly informing fincen of foreign accounts.

Also, since I don't launder money it shouldn't be a hassle, right? But you are likely right.  One question on the FUBAR report asked me to state the maximum value of the account in the last year.  Dollars I was well under $10k anytime but btc value no, e.g. paid for a Neptune in one fell swoop from Gox.  So, not clear on if they meant max dollars in the account or max dollar value of dollars + btc in the account, I instead checked the 'I do not know.' box.

Part of what attracted me to bitcoin was that it was apparently devised by a Japanese and that it had the potential not to devalue as our dollar has been devaluing throughout my lifetime.  That Japanese business men have been known to commit suicide over a personal business failing.  I know that isn't true of all Japanese business owners especially in this era but still.  Now I wonder if MtGox was situated in Japan precisely to capitalize on that reputation but by non-Japanese who may not have a reputation for totally honest dealings.  If that's a trend then the Japanese may be seeing many more establishing businesses in Japan for that reason.  Could you imagine if it were a former Wall Street Broker who had devised Bitcoin?  Would we have put money in as readily?
1479  Alternate cryptocurrencies / Mining (Altcoins) / Re: Swedish ASIC miner company kncminer.com on: February 15, 2014, 08:00:50 PM
Looking at the photo, confrontation on sidewalk in Japan, the MtGox owner doesn't strike me as the kind of guy who will do seppuku.

Something is stinking very badly at MtGox.  On the 7th I e-registered my MtGox account with fincen, today on the 14th MtGox notifies me my account is flagged for AML.


WHOAH! Why would you be motivated to register your Gox account at Fincen? Especially since Fincen declared Miners were NOT money transmitters, and need not register? That literally makes it necessary for Fincen to requisition yet even more account info from Gox, and I'm sure they must LOVE that again.....  it literally forces an AML check flag, they have no choice, you did it by telling Fincen you were a transmitter within Gox; that's the literal function of registering.  I.E.  all fincen registrations are AML investigated, because that's what you actually apply for... approval....  which they need to review all your account information within Gox. So, the AML flag was placed there by you in reality. That just seems totally un-necessary, and dangerous!
Just curious?

Doing my taxes and there's a chart comparing the IRS and fincen (two columns) and then dollar value of accounts that each must be informed about, foreign accounts IRS $50,000, fincen $10,000, then goes on to list different securities and assets (IRS could care less about your store of gold coins).  Also I recall bitcointax.info suggested strongly informing fincen of foreign accounts.

Also, since I don't launder money it shouldn't be a hassle, right? But you are likely right.  One question on the FUBAR report asked me to state the maximum value of the account in the last year.  Dollars I was well under $10k anytime but btc value no, e.g. paid for a Neptune in one fell swoop from Gox.  So, not clear on if they meant max dollars in the account or max dollar value of dollars + btc in the account, I instead checked the 'I do not know.' box.
1480  Bitcoin / Legal / mtgox fincen aml on: February 15, 2014, 04:07:05 AM
Something is stinking very badly at MtGox.  On the 7th I e-registered my MtGox account with fincen, today on the 14th MtGox notifies me my account is flagged for AML.

   
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