Swedish ASIC miner company kncminer.com

[timmmers]

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?

[1714210137]

1714210137

[1714210137]

1714210137

[faetos]

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.

[sbfree]

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]

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]

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]

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".

[Humax]

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?

[CYPER]

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?

[timmmers]

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]

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

[Bitcoinorama]

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

[ASIC-K]

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.

[naRky]

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".

i have ordered 350Gh/s Jupiter in June and i will receive 500+ unit, i think its good compensation for later delivery

[cypherdoc]

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

Have you disclosed if you're being paid to shill  for KNC?

For the life of me I can't see how you're not given all your posting and your involvement in assembly and packaging, 

[Xialla]

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

sure, 7k without VAT and delivery during end of summer.)

[Bitcoinorama]

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

sure, 7k without VAT and delivery during end of summer.)

Actually Xialla it was 250Gh/s delivered in 'early Autumn';

https://bitcointalk.org/index.php?topic=187428.0

Google states the following;

The astronomical fall (Northern Hemisphere) 2013 began on;

Sunday, September 22


and ends on;

Friday, December 20

Cypherdoc my stance always has been that I would like to work for them if they can really live upto their claims. They have and they asked me to come to Stockholm the weekend prior to the ASICs being received by hand courier to watch a very tense and stressful engineering feat and document it to the community, placing their necks firmly on the chopping board for all to see, warts and all, and let me document it. I haven't signed any contract yet, I haven't been paid yet, I haven't even received my own order yet.

They have never lied about performance specs or their intention to deliver on time.

People who live in glass houses, shouldn't throw stones...

[murraypaul]

How do you feel about them now refusing refunds, given how much emphasis you placed on the ability to order by CC, and the extra security that gave customers?

[Bitcoinorama]

How do you feel about them now refusing refunds, given how much emphasis you placed on the ability to order by CC, and the extra security that gave customers?

The cessation of refunding happened the very weekend as the ASICs were delivered as the delivery file was sent to the UPS server and the manufacturing facility. How would you feel about processing a refund to someone that also receives the product due to the fact you are no longer control the delivery? Prior to that date as many have testified a refund was never denied. It just now becomes a logistical nightmare as the manufacturing facility and UPS process and handle both the assembly and delivery. There has to be the exact number of Mercurys/Saturns and Jupiters manufactured and sent out in the precise order of which they were fully paid for.

[cypherdoc]

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

sure, 7k without VAT and delivery during end of summer.)

Actually Xialla it was 250Gh/s delivered in 'early Autumn';

https://bitcointalk.org/index.php?topic=187428.0

Cypherdoc my stance always has been that I would like to work for them if they can really live upto their claims. They have and they asked me to come to Stockholm the weekend prior to the ASICs being received by hand courier to watch a very tense and stressful engineering feat and document it to the community, placing their necks firmly on the chopping board for all to see, warts and all. I haven't signed any contract yet, I haven't been paid yet, I haven't even received my own order yet.

They have never lied about performance specs or their intention to deliver on time.

People who live in glass houses, shouldn't throw stones...

How could you ever accuse me of throwing stones?

In sentence #1 of my endorsement thread I openly disclosed I was being paid by Hashfast. Now that batch 1 had been sold out that is no longer the case.

I sense all sorts of obfuscation  in your answer in the form of "yet". Let me try to be more specific.  Have they "implied" that you will be paid or compensated  in the form of cash, btc, chips,  equipment, employment, special favors or anything of a quid pro quo nature for all that you've done, which is substantial and easily beyond the call of duty as an ordinary customer?

I take it they paid your way to Sweden and are paying all your expenses?

[Bitcoinorama]

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

sure, 7k without VAT and delivery during end of summer.)

Actually Xialla it was 250Gh/s delivered in 'early Autumn';

https://bitcointalk.org/index.php?topic=187428.0

Cypherdoc my stance always has been that I would like to work for them if they can really live upto their claims. They have and they asked me to come to Stockholm the weekend prior to the ASICs being received by hand courier to watch a very tense and stressful engineering feat and document it to the community, placing their necks firmly on the chopping board for all to see, warts and all. I haven't signed any contract yet, I haven't been paid yet, I haven't even received my own order yet.

They have never lied about performance specs or their intention to deliver on time.

People who live in glass houses, shouldn't throw stones...

How could you ever accuse me of throwing stones?

In sentence #1 of my endorsement thread I openly disclosed I was being paid by Hashfast. Now that batch 1 had been sold out that is no longer the case.

I sense all sorts of obfuscation  in your answer in the form of "yet". Let me try to be more specifi.  Have they "implied" that you will be paid or compensated  in the form of cash, btc, chips,  equipment, employment, special favors or anything of a quid pro woo nature for all that you've done, which is substantial and easy beyond the call of duty as an ordinary customer?

I take it they paid your way to Sweden and are paying all your expenses?

Nope currently I have. I would then bill them at a future point in time.