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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3008022 times)
Bitcoinorama
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October 09, 2013, 03:22:38 PM
 #14101

Hi O'rama, I know there are more pressing matters to be discussed, but do you happen to know when resellers who managed the 10 units are going to get their miners?

Also, do you know what is going on with the reseller portal?

From what I understand, as someone asked me this at the conference, or words about; basically you get your miner at the point at which your 10th miner sale ships un-refunded. So if you sold 10 Jupiters in the October batch, you get your miner at the point at which the 10th Jupiter is sent. So in essence it is part of the October shipment. If your tenth is a November sale, then you get yours at such point your 10th sale leaves for shipment.

For sure though you have to sell 10 of any one type, so 10 Jupiters= 1 Jupiter free, 10 Saturns = 1 Saturn, 10 Mercuries etc. It's not a combo of 10 various types.

I don't think anyone managed to sell 10 boxes for an October shipment, other than that that bought 10+, and that's not many.

I'm no expert on this though, as I haven't been part of the affiliate thing, even though i've probably helped shift a few, or most. Sad


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October 09, 2013, 03:23:38 PM
 #14102

Yes that core Smiley

here is with hashrate sorry http://imgur.com/uxz6pu1
dhenson
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October 09, 2013, 03:24:09 PM
 #14103

Yes there are freshly generated coins entering the wallet the refunds came from. That's not a covert mining farm minting coins to refund. That's your hosted devices up, and running. Hosting is live. The issue is configuring the API to your accounts and that is being sorted now. So those minted coins, approx. 175 were put towards the coins creditied. However the total credited will now equal 380 BTC today, so that's 205BTC paid from KnC themselves in addition to what's been generated. There a few additional coins to credit today as there was a mix-up with some guys in possession of multiple miners that were overlooked by mistake and that's being rectified. Hopefully you will be able to access your accounts very soon, but the pool works. The fact is each board has an individual owner and that owner has to be able to configure certain aspects of each board, choice of pool etc. You are therefore not given a proportional 'virtual' share of what's hosted, but actual physical and configurable boards located in your own physical space in the hosting center; i.e. your own board(s), and thus these need to be individually assigned, and that is considerably more laborious than originally expected.

Why don't they configure the miners to point to the pool/addresses configured in the account while we wait for the software/routing to be resolved?  They had to configure them somewhere, it just doesn't make sense given the information provided that they would point them all to their own pool account when it would have been just as easy to use our configuration and avoid the whole refund issue entirely.
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October 09, 2013, 03:25:40 PM
 #14104

Hi O'rama, I know there are more pressing matters to be discussed, but do you happen to know when resellers who managed the 10 units are going to get their miners?

Also, do you know what is going on with the reseller portal?

From what I understand, as someone asked me this at the conference, or words about; basically you get your miner at the point at which your 10th miner sale ships un-refunded. So if you sold 10 Jupiters in the October batch, you get your miner at the point at which the 10th Jupiter is sent. So in essence it is part of the October shipment. If your tenth is a November sale, then you get yours at such point your 10th sale leaves for shipment.

For sure though you have to sell 10 of any one type, so 10 Jupiters= 1 Jupiter free, 10 Saturns = 1 Saturn, 10 Mercuries etc. It's not a combo of 10 various types.

I don't think anyone managed to sell 10 boxes for an October shipment, other than that that bought 10+, and that's not many.

I'm no expert on this though, as I haven't been part of the affiliate thing, even though i've probably helped shift a few, or most. Sad



Thanks for the update, I would be surprised if anyone had managed to achieve 10 in the Oct shipment, I am not at 10 of any 1 unit by the way, not even close! The only person I know who has sold 10 is Bargraphics.


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October 09, 2013, 03:27:30 PM
 #14105

Bitcoinorama: so, there are still around 1,000 units to be shipped?

Wow, that's 500TH/s to be added yet to the network, add to that the competitors machines... Boy, ROI is going to be hard, but nevertheless that's not KnC's fault, its just as it is.

As I said many times, I expect a 2014 similar to 2012 in terms of hashrate, meaning pleateau and then decline because of unprofitability... That if BTC exchange rate is stable (as it happened in 2012), if it grows obviously the story changes.

Anyhow, good job Bitcoinorama. Hope you could finally found yourself a position inside KnC, maybe you could be their "josh", but much nicer and way more reasonable Cheesy

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October 09, 2013, 03:28:17 PM
 #14106

Quote


Hi,

We see your company is unable to fill its obligations. We can not accept change of delivery time without price compensation. You know very well how this month is important for the recovery of investment.
We do not trust your company anymore.

- we’ve done business based on September delivery
- your company lied about delivery and that it committed fraud
- your company illegally changed the delivery date without our agreement and without any compensation
- now your company is illegally holding money of our company

We ask for an immediate refund.

We are ready to publish everything and take any legal action with other companies in the same situation.

Thanks


jesus christ... delivering a few days later than communicated is not lying. an definitly not a fraud. it is not illegal to be a few days late.
when you pre-ordered you knew that you were purchasing a product that did not exist at all, not even a prototype. being a few days late after a production period of 4 months is nothing. any judge will laugh at you.

the only reasonable sentence i see is you asking for a refund. they should do that to keep you from hyperventilating.


disclaimer: i have ordered several jupiters with knc hosting and i am not amused they are still not mining. but accusations of lying and fraud and threatening with legal action is absurd.

Sorry, i see how stupid you are. You do not know nothing about B2B business and about law in EU for companies.
BTW in my country is it criminal offense and police can block bank account for it. Next thing is company insolvency. For us KNC failed with September delivery. We did business based on September delivery. We do not accept changes and we want price compensation or refund.
I understand for fanboy it's hard to understand, because we are not sponsors. We are did not build company what need money theirs costumers and not to fulfill the terms. We must hard work to make money. We also do not live dreams about get rich by KNC. We only protect our moneys and investment based on September delivery where KNC failed. Next, no one us contact of this situation, no one wanted to solve, they only changed date of delivery. We have never seen such behavior. For us it is unacceptable. It is reason why do not want more do business with KNC. When we failure in business, we have to pay. As you can talk sheep what knows nothing about their rights. But it's your problem not our.
arousedrhino
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October 09, 2013, 03:30:29 PM
 #14107

Send it back just to be safe.

You wish!

I emailed them about it, if they say it will void the warranty then I will run it as received until it breaks.
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October 09, 2013, 03:31:46 PM
 #14108

Hi O'rama, I know there are more pressing matters to be discussed, but do you happen to know when resellers who managed the 10 units are going to get their miners?

Also, do you know what is going on with the reseller portal?

From what I understand, as someone asked me this at the conference, or words about; basically you get your miner at the point at which your 10th miner sale ships un-refunded. So if you sold 10 Jupiters in the October batch, you get your miner at the point at which the 10th Jupiter is sent. So in essence it is part of the October shipment. If your tenth is a November sale, then you get yours at such point your 10th sale leaves for shipment.

For sure though you have to sell 10 of any one type, so 10 Jupiters= 1 Jupiter free, 10 Saturns = 1 Saturn, 10 Mercuries etc. It's not a combo of 10 various types.

I don't think anyone managed to sell 10 boxes for an October shipment, other than that that bought 10+, and that's not many.

I'm no expert on this though, as I haven't been part of the affiliate thing, even though i've probably helped shift a few, or most. Sad



Funny thing, when i mentioned this to you previously, you said you were NOT helping them at all and 'merely expressing opinions'

Had it not been for you personally over enthusiastically vouching for them i would NOT have paid for my order.

i am over it now, but i was not impressed by your conduct in previous times.

i like you more now, the new, more honest bitcoinorama....  it would seem travel & expenses bring out the better in you.

now back to packing!!

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October 09, 2013, 03:32:58 PM
 #14109

Bitcoinorama: so, there are still around 1,000 units to be shipped?

Wow, that's 500TH/s to be added yet to the network, add to that the competitors machines... Boy, ROI is going to be hard, but nevertheless that's not KnC's fault, its just as it is.

As I said many times, I expect a 2014 similar to 2012 in terms of hashrate, meaning pleateau and then decline because of unprofitability... That if BTC exchange rate is stable (as it happened in 2012), if it grows obviously the story changes.

Anyhow, good job Bitcoinorama. Hope you could finally found yourself a position inside KnC, maybe you could be their "josh", but much nicer and way more reasonable Cheesy

I would say only 500TH/s -I expected much more - this is good news in imho  Cool

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October 09, 2013, 03:33:45 PM
 #14110

Bitcoinorama: so, there are still around 1,000 units to be shipped?

Wow, that's 500TH/s to be added yet to the network, add to that the competitors machines... Boy, ROI is going to be hard, but nevertheless that's not KnC's fault, its just as it is.

As I said many times, I expect a 2014 similar to 2012 in terms of hashrate, meaning pleateau and then decline because of unprofitability... That if BTC exchange rate is stable (as it happened in 2012), if it grows obviously the story changes.

Anyhow, good job Bitcoinorama. Hope you could finally found yourself a position inside KnC, maybe you could be their "josh", but much nicer and way more reasonable Cheesy

I would say only 500TH/s -I expected much more - this is good news in imho  Cool

###

ROI looks good imo
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October 09, 2013, 03:36:53 PM
 #14111

Now just need to watch out for hashfast, avalon2, asicminer and bitfury for now.... hohoho Cheesy
Bitcoinorama
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October 09, 2013, 03:39:30 PM
 #14112

For the record this is the photo I took the night before the conference. You can verify with the hashrate from Austin and Beccy's wallet to which it was configured. It ran for an hour, or two. Till I got thrown out of the hotel 'business suite' by a confused receptionist. Basically it was proof that Jupiter survived the hold in the plane and could be used to demonstrate at the handover at the conference.

If you can brighten the image, or wotnot, go for it. I tried, but obv. the light balance is competing with an unlit LCD screen on the power meter, and the bright LCD screen from the macbook. I did try photographing with the macbook screen brightness turned down as far as it would go, but to no avail. If you want that image I can post it, but you can see 563 Watts here anyways. Again it was like midnight by this point, and I didn't have 3 hours to run the kit. It was hashing afternoon- early eve the following day though. It ramped up quicker at the hotel, but hashed greater at the conference, which was cool as there were more witnesses than I, and a confused receptionist.

She actually brought one of the managers in as she had no idea what it was, or what I was explaining to her. He at least got me a drink to congratulate the achievement - not that I think he understood, but sweet gesture!


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October 09, 2013, 03:44:33 PM
 #14113

I would say only 500TH/s -I expected much more - this is good news in imho  Cool

Its not like all of those 400 machines that have been shipped have all arrived and have been deployed already. So in all likelihood, KnC machines will add 6-700TH over the current hashrate over the next week or so. Then there is 500TH that asicminer would deploy this month and god knows how much bitfury is deploying. Not sure how that is good news, because I didnt even mention the (slim) possibility of Hashfast actually shipping this month and Im ignoring BFL and avalon shipments too. Oh and btcgarden's 250TH which may or may not have been deployed already.
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October 09, 2013, 03:46:49 PM
 #14114

Quote



Sorry, i see how stupid you are. You do not know nothing about B2B business and about law in EU for companies.
BTW in my country is it criminal offense and police can block bank account for it. Next thing is company insolvency. For us KNC failed with September delivery. We did business based on September delivery. We do not accept changes and we want price compensation or refund.
I understand for fanboy it's hard to understand, because we are not sponsors. We are did not build company what need money theirs costumers and not to fulfill the terms. We must hard work to make money. We also do not live dreams about get rich by KNC. We only protect our moneys and investment based on September delivery where KNC failed. Next, no one us contact of this situation, no one wanted to solve, they only changed date of delivery. We have never seen such behavior. For us it is unacceptable. It is reason why do not want more do business with KNC. When we failure in business, we have to pay. As you can talk sheep what knows nothing about their rights. But it's your problem not our.



no need to get rude, or ? forum members that have opinions that differ from yours are not necessarily stupid.

so your the smart, tough business guy then. good luck with your criminal offense attitude. i´m glad i´m not your customer.

please enlighten me with the law in your country that makes it a criminal offense to be late a few days in delivery.

btw: insulting a person IS a criminal offense...
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October 09, 2013, 03:52:48 PM
 #14115

...
Yes there are freshly generated coins entering the wallet the refunds came from. That's not a covert mining farm minting coins to refund. That's your hosted devices up, and running. Hosting is live. The issue is configuring the API to your accounts and that is being sorted now.
...

Thanks for this detailed explanation. It's much better than any information I did receive vie e-mail from KnC.
(But getting some info today about the hosting via e-mail made me calm down as well.)

I assume this is the "wallet" address, or?

http://blockchain.info/de/address/1D5FhoiuLMJJ43BCMGidwvbKWfr71g1vH9

I still did not quite understand the current "setup" - I assume it's something like this:

All customer miners in the hosting facility were configured to the new KnC (or some other?) pool with the above
wallet address. KnC did a semi-manual payout for all customers of 2,5BTC per Saturn and 5BTC per Jupiter.
This static setup will continue to mine until the web-frontend for the customers is ready.
At that point the owners can re-configure their miners with whatever (single  Angry ) pool they want.
When the dust did settle there will be an update for the web frontend that will allow the configuration of a backup
mining pool as well or KnC will perform a manual setup of the backup mining pool  Grin

A short confirmation would make me (and hopefully many others as well) happy  Roll Eyes

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Bargraphics
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October 09, 2013, 03:57:04 PM
 #14116

KnCMiner Hosting Pool

portal.kncminer.com


I've logged in an verified I have 11 Jupiters running.

Looks like they are getting it operational!
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October 09, 2013, 04:08:06 PM
 #14117

Send it back just to be safe.

You wish!

I emailed them about it, if they say it will void the warranty then I will run it as received until it breaks.

Somewhere on the KnC site is an official post that includes instructions for troubleshooting.
That includes opening the case.

DO NOT TAKE MY WORD FOR IT
find the post!

I had a quick look for it, I have poor luck finding stuff there sry

then get u a T20 torx )

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October 09, 2013, 04:17:40 PM
 #14118

KnCMiner Hosting Pool

portal.kncminer.com


I've logged in an verified I have 11 Jupiters running.

Looks like they are getting it operational!

Hey Bargraphics, how did you got that info? by email?
WastedLTC
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October 09, 2013, 04:28:56 PM
 #14119

...
Yes there are freshly generated coins entering the wallet the refunds came from. That's not a covert mining farm minting coins to refund. That's your hosted devices up, and running. Hosting is live. The issue is configuring the API to your accounts and that is being sorted now.
...

Thanks for this detailed explanation. It's much better than any information I did receive vie e-mail from KnC.
(But getting some info today about the hosting via e-mail made me calm down as well.)

I assume this is the "wallet" address, or?

http://blockchain.info/de/address/1D5FhoiuLMJJ43BCMGidwvbKWfr71g1vH9

I still did not quite understand the current "setup" - I assume it's something like this:

All customer miners in the hosting facility were configured to the new KnC (or some other?) pool with the above
wallet address. KnC did a semi-manual payout for all customers of 2,5BTC per Saturn and 5BTC per Jupiter.
This static setup will continue to mine until the web-frontend for the customers is ready.
At that point the owners can re-configure their miners with whatever (single  Angry ) pool they want.
When the dust did settle there will be an update for the web frontend that will allow the configuration of a backup
mining pool as well or KnC will perform a manual setup of the backup mining pool  Grin

A short confirmation would make me (and hopefully many others as well) happy  Roll Eyes

I have two day 1 jupiters that are hosted and have not received any BTC..  did everyone get a payout?
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October 09, 2013, 04:34:26 PM
 #14120

Hey KNC/Bitcoinorama, thanks for making us beg for an update.

Good to see pretty much no answers in your post obama.

Regarding data centre:
The fact is each board has an individual owner and that owner has to be able to configure certain aspects of each board, choice of pool etc. You are therefore not given a proportional 'virtual' share of what's hosted, but actual physical and configurable boards located in your own physical space in the hosting center; i.e. your own board(s), and thus these need to be individually assigned, and that is considerably more laborious than originally expected.
4 boards, 1 controller board and connect one ethernet cable. To use your favourite word - BOOM! Now how is that "more laborious than originally expected". So, a total no-answer on DC delays.

How about some answers to these questions:
1. How come the sub-standard cgminer from KNC?
https://bitcointalk.org/index.php?topic=18313.msg3294238#msg3294238
This post suggests the KNC version is not doing a proper work restart. Any reason KNC are spending 9 days releasing firmware updates that doesn't even fix these issues? I'm fairly sure the guys who wrote cgminer could sort this quick fast. Anyway, I expect no-answer on this one.

2. How come boards are bbq'ing?
I know you wrote a post a few days ago trying to blame people for unplugging cables while the miner was still powered up, but that was scapegoating. There is plenty speculation on the hardware issues causing, but a total no-answer on this from you/KNC. Anyway, I expect no-answer on this one too.

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