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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007878 times)
Mota
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October 13, 2013, 01:04:44 PM
 #15461

Well, we will see if they adress the compensation issue with their next update or not. I for one am pretty curious if they will honour UN trade law.

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erschiessen
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October 13, 2013, 01:09:16 PM
 #15462

Orama,
Thanks for trying to keep things in perspective.

Check your PMs.

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sbfree
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October 13, 2013, 01:10:46 PM
 #15463

Well, we will see if they adress the compensation issue with their next update or not. I for one am pretty curious if they will honour UN trade law.

Mota, I imagine you would be happy with something that would help remedy/rectify the current situation? Maybe btc, maybe extra hashing power (from what is currently provided), maybe missed hashing days/btc credit towards more hashing power??
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October 13, 2013, 01:15:14 PM
 #15464

just out of curiosity, is anyone SOLO mining out of RENO NEVADA??

Wouldn't surprise me at all. I lived in Reno for a while just out of high school. While everyone knows it as Nevada's other gambling mecca, it's not as well known just how much industry is there. In 1990 when I left, they were busily rebuilding their entire telephony net to handle the load. As of about 98, they had gone fully fibre optic. Power is relatively cheap there as well. It would be a good place to set up. Also doesn't hurt that Nevada and the city of Reno both have a huge amount of tax incentives for new businesses, no personal income tax and really low corporate taxes. It's a good place to do business.

Besides that, it's the kind of place where if you can't have fun, you simply don't know how Smiley

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sbfree
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October 13, 2013, 01:23:15 PM
 #15465

just out of curiosity, is anyone SOLO mining out of RENO NEVADA??

Wouldn't surprise me at all. I lived in Reno for a while just out of high school. While everyone knows it as Nevada's other gambling mecca, it's not as well known just how much industry is there. In 1990 when I left, they were busily rebuilding their entire telephony net to handle the load. As of about 98, they had gone fully fibre optic. Power is relatively cheap there as well. It would be a good place to set up. Also doesn't hurt that Nevada and the city of Reno both have a huge amount of tax incentives for new businesses, no personal income tax and really low corporate taxes. It's a good place to do business.

Besides that, it's the kind of place where if you can't have fun, you simply don't know how Smiley

i guess the better question is who is solo mining out of reno nv?

and secondly, IS THIS KNC MINING POOL STARTING TO FIND BLOCKS...OH MY...Huh?  IP ADDRESS 85.230.50.37
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October 13, 2013, 01:38:06 PM
 #15466

just out of curiosity, is anyone SOLO mining out of RENO NEVADA??

Wouldn't surprise me at all. I lived in Reno for a while just out of high school. While everyone knows it as Nevada's other gambling mecca, it's not as well known just how much industry is there. In 1990 when I left, they were busily rebuilding their entire telephony net to handle the load. As of about 98, they had gone fully fibre optic. Power is relatively cheap there as well. It would be a good place to set up. Also doesn't hurt that Nevada and the city of Reno both have a huge amount of tax incentives for new businesses, no personal income tax and really low corporate taxes. It's a good place to do business.

Besides that, it's the kind of place where if you can't have fun, you simply don't know how Smiley

i guess the better question is who is solo mining out of reno nv?

and secondly, IS THIS KNC MINING POOL STARTING TO FIND BLOCKS...OH MY...Huh?  IP ADDRESS 85.230.50.37
Alas, problem #20 will probably begin shortly - DDoS. As much as I want my gear my heart does go out to them considering everything that could go wrong did go wrong AT THE SAME TIME.
Mota
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October 13, 2013, 01:47:30 PM
 #15467

Well, we will see if they adress the compensation issue with their next update or not. I for one am pretty curious if they will honour UN trade law.

Mota, I imagine you would be happy with something that would help remedy/rectify the current situation? Maybe btc, maybe extra hashing power (from what is currently provided), maybe missed hashing days/btc credit towards more hashing power??

Of course I would be happy with that. Who wouldn't? As long as the compensation is adequate.
In my first complaint against them I offered them to provide me with a satisfying solution, nothing came back. In my second email I stated that I am by law entitled to compensation for losses incurred and provided them with a number I think is adequate; again, I was ignored. I would have been pretty happy with a 50% voucher for a november order, or something along those lines; But since my first email was ignored and I still do not have even a shipping number for my day 2 shipping order  that is off the table as of Friday last week.  That's why I said I am curious; I prefer a solution that does not involve me having to go to court in Sweden.... (Although visiting Sweden again would be awesome, but not for that kind of reason)...

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The Avenger
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October 13, 2013, 01:49:14 PM
 #15468

That said the corsair HX850 is now known to elcit such an undesirable consequence due to the load initiated upon reset of the PSU and should be avoided.

Can you substiate this claim?

KNC newsletter:
"Power supply’s causing issues damage to some boards."

No concrete proof at all has been presented.

It seems now even KNC have taken to spreading FUD!

And as I pointed out yestereday, two (or maybe more) of the burners were not using HX850. KNC don't acknowledge this.

Do you know there is a data centre running 40 jupiters with HX850's for about week now??

That "is" something concrete.

The most likely cause of the burners is faulty components, plain and simple. All batches of components come with a few potential duds.

Neither you or KNC can admit it was a simple component failing or that you don't actually know the cause.

That said the corsair HX850 is now known to elcit such an undesirable consequence due to the load initiated upon reset of the PSU and should be avoided.

You have to come up with some FUD to pretend you know what caused the issue, and in doing so, cost many customers who purchased HX850 more money to replace them with something else, which could equally cause a problem.

You just love these statements of facts, with nothing to back them up.

Could once the chips were in hand every brand of PSU likely to have been used been tested on working devices running for significant periods of burn in time time whilst firmware is revised to a point of absolute perfection to satisfy a consumer audience?

As far as I'm aware (because we were not told, which would be KNC's responsibility to customers), you have not been able to reproduce the problem in your tests on a HX850, so this is more nonsense you like to argue, weaved in impossibly messy language.

(side note Tip No. 3 on simplifying your overblown language:

"Could we test every brand of PSU with a working device, to test to perfection, to satify everyone? No."

would read much better)

And get your facts straight. We are not a "consumer audience"! Check the KNC T&C's - we are being treated as business customers, so KNC can skimp on a full 2 year consumer warranty. This has been brought to your attention MANY times, so you are trolling to keep describing us as consumer audience.

I think a lot of KNC's bad attitude to updating us comes from thinking of us as annoying, idiot consumers. They should be treating us as shareholders, because we gave them the money to create their business. They wouldn't treat shareholders this way.

I have always told it precisely how it is.

You certainly like to big yourself up every time you post, but as you can see above, precision is not one of your strong points.

In conclusion, as and when issues arise, and are being brought to our attention here, the logical responseis to do what any sane party would do, determine cause, and rectify the issue as soon as possible, without hinderence.

Excellent! The main concern raised here today is the issue of compensation for delayed shipping. I take it you will pass this along to Sam and we can expect an update tomorrow, 14th October, agreeing to compensate 1.5BTC per day late (recalculated at next difficulty rise)?

We await a positive response.

"I am not The Avenger"
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timmmers
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October 13, 2013, 02:02:48 PM
 #15469

My main concern is a date when ALL Oct units will be shipped. Looking awfully like November now.
If you think there's some negative waves now, wait until people find they paid so much more for the same rig delivered a few days later instead of a month later (which some already thought wasn't too cool).

Oh..can we assume they ship with the latest firmware now?
faetos
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October 13, 2013, 02:04:12 PM
 #15470

Bitcoinorama, do you know why hosting customers orders are still showing "Paid" and not being moved into "In Progress?" I've been monitoring shipping and order changes and have seen anyone orders with later pay dates are moving ahead of hosted customers. Thanks in advance.
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October 13, 2013, 02:08:49 PM
 #15471

Bitcoinorama, do you know why hosting customers orders are still showing "Paid" and not being moved into "In Progress?" I've been monitoring shipping and order changes and have seen anyone orders with later pay dates are moving ahead of hosted customers. Thanks in advance.

now don't quote me on this...but if knc is in stockholm, it appears their hosting center might be a whole days drive away. That could be part of the problem...but it does appear they are mining.
Tehfiend
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October 13, 2013, 02:18:08 PM
 #15472

The main concern raised here today is the issue of compensation for delayed shipping. I take it you will pass this along to Sam and we can expect an update tomorrow, 14th October, agreeing to compensate 1.5BTC per day late (recalculated at next difficulty rise)?

They will have already compensated you by delivering over TWICE the hashrate you paid for.

Remember that it is much easier to BUY a magic money making machine than it is building one from scratch in 4 months and anybody pre-ordering ASIC miners should know there will be risks. There's no such thing as a guaranteed ROI and if you can't handle that then you should think about retiring from Bitcoin mining before you get an ulcer. Right now Bitcoin mining is like a horse race and all we can do is try to figure out which horse to bet on. Rest easy knowing that your horse is still doing pretty damn good so kick back and just let them finish the race. They are running as fast as they can.
faetos
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October 13, 2013, 02:21:34 PM
 #15473

Bitcoinorama, do you know why hosting customers orders are still showing "Paid" and not being moved into "In Progress?" I've been monitoring shipping and order changes and have seen anyone orders with later pay dates are moving ahead of hosted customers. Thanks in advance.

now don't quote me on this...but if knc is in stockholm, it appears their hosting center might be a whole days drive away. That could be part of the problem...but it does appear they are mining.
They must be transporting the miners in a Ferrari "Hashing Bitcoins within a few hours of it being assembled at the factory" LOL. Damn, I did quote you. Sorry, sbfree.
The Avenger
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October 13, 2013, 02:25:15 PM
 #15474

They will have already compensated you by delivering over TWICE the hashrate you paid for.
WHATT? 800GH/s? WHERE? WHERE?

(But as you say "OVER twice")
WHATT? 900GH/s? WHERE? WHERE?

Another person with a weak grasp of facts, figures and that fact based thing known as "science".

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Humax
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October 13, 2013, 02:28:05 PM
 #15475



They will have already compensated you by delivering over TWICE the hashrate you paid for.


Would you care to explain how you came up with this calculation?

Jupiter 400=>500. They said 550+ but only few miners actually can.
All orders are supposed to be shipped in September. KnC didn't make it and promised to ship all order before 15th October. Even this goal is out of reach.

How many did you order?

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CYPER
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October 13, 2013, 02:33:40 PM
 #15476

The main concern raised here today is the issue of compensation for delayed shipping. I take it you will pass this along to Sam and we can expect an update tomorrow, 14th October, agreeing to compensate 1.5BTC per day late (recalculated at next difficulty rise)?

They will have already compensated you by delivering over TWICE the hashrate you paid for.

Remember that it is much easier to BUY a magic money making machine than it is building one from scratch in 4 months and anybody pre-ordering ASIC miners should know there will be risks. There's no such thing as a guaranteed ROI and if you can't handle that then you should think about retiring from Bitcoin mining before you get an ulcer. Right now Bitcoin mining is like a horse race and all we can do is try to figure out which horse to bet on. Rest easy knowing that your horse is still doing pretty damn good so kick back and just let them finish the race. They are running as fast as they can.

You failed all your math tests, didn't you?

If this post helped you and you feel generous you know what to do: 1P9tXFy9bVgzrfPGeV7F8np26ZtFdCCWvz
timmmers
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October 13, 2013, 02:40:26 PM
 #15477

The main concern raised here today is the issue of compensation for delayed shipping. I take it you will pass this along to Sam and we can expect an update tomorrow, 14th October, agreeing to compensate 1.5BTC per day late (recalculated at next difficulty rise)?

They will have already compensated you by delivering over TWICE the hashrate you paid for.

Remember that it is much easier to BUY a magic money making machine than it is building one from scratch in 4 months and anybody pre-ordering ASIC miners should know there will be risks. There's no such thing as a guaranteed ROI and if you can't handle that then you should think about retiring from Bitcoin mining before you get an ulcer. Right now Bitcoin mining is like a horse race and all we can do is try to figure out which horse to bet on. Rest easy knowing that your horse is still doing pretty damn good so kick back and just let them finish the race. They are running as fast as they can.

Full of shit. End of.
trdiablo
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October 13, 2013, 02:43:06 PM
 #15478

I hope KNCminer is going to make something like the BFL Monarch. I would be the first to order it.


Bitcoinorama
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October 13, 2013, 02:47:08 PM
 #15479

KnC originally promised Jupiter at 250Gh/s for $7k.

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
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ASIC-K
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Hell?


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October 13, 2013, 02:50:06 PM
 #15480



They will have already compensated you by delivering over TWICE the hashrate you paid for.


Would you care to explain how you came up with this calculation?

Jupiter 400=>500. They said 550+ but only few miners actually can.
All orders are supposed to be shipped in September. KnC didn't make it and promised to ship all order before 15th October. Even this goal is out of reach.

How many did you order?


stop talking shit you dont have a clue about, noob.
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