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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3006795 times)
donch
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October 13, 2013, 03:41:48 PM
 #15501

Hi Bitcoinorama,

I appreciate your efforts to travel to another country and find out information on our behalf. This is great and I'm grateful. However, the facts haven't been that fast in coming and rather than writing long essays and getting wound up by the trolls, it might be better to answer some straight questions with some straight facts  Smiley

  • How many units have been dispatched.
  • How many units are left to be built and dispatched.
  • When will the final unit of October Delivery be dispatched.

With these facts in the public arena I'm sure you'll get much less hassle from everyone here. If you can't get these facts, who can?

"How are you justifying these as fair use?  They are clearly and unequivocally a copyright violation."
"I really want to know how you justify that under the fair use doctrine?  It does not conform to a single point of fair use."
Josh whining about people reusing his studio portrait shot on this forum. Can you copyright a copyright complaint? All Paypal refunds are final.
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Bitcoinorama
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October 13, 2013, 03:43:07 PM
 #15502

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;

Quote
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...


no orama...see the very first post of knc.... Summer 2013 https://bitcointalk.org/index.php?topic=170332.msg1771040#msg1771040

Dude that was in April, they hadn't even agreed anything with ORSoC let alone agreed on a product, feasible product specs, or approached manufactures for realistic timescale. They certainly hadn't envisaged naming a device Jupiter and it being 28nm, and capable of 250Gh/s.  

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
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Paladin69
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October 13, 2013, 03:43:14 PM
 #15503

I need one of the 4 boards in a Jupiter RMA'd or something.  KnC must not be working weekends.  They aren't answering e-mails.  I have always had a reply within 12-24 hours, unless I am being ignored.  Which doesn't bode well if I need refunds for November.

Customer service is not working weekends.

okay, thx.

This whole thing is becoming nerve racking.  Time is of the essence.
Vedran Yoweri
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October 13, 2013, 03:43:43 PM
 #15504

Every time I open this thread, always extra 2-4 pages and it's always the same few people posting Roll Eyes
Yeah.
But no KnC, which annoys me. (as Orama != KnC)


yeah, it astounds me to no end.

everyone always bashes HF as a scam yet they are all over the place on their threads with multiple employee participation. 

plus, i'm not an employee, nor getting paid, yet i do my best to answer Q's.  Roll Eyes
It's not about you. This annoys me too.
Paladin69
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October 13, 2013, 03:46:00 PM
 #15505

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.

fine, answer the other larger part of the question.

No I have not had any indication that I would be compensated for my time beyond that I now feel is unreasonable this side of September. That said my ability to keep this ship on course throughout such stormy weather and in light of the fact many based their purchases based on the factual evidence I shared and told them to verify with further due diligence of their own, I certainly feel my time is worth something, from those that purchased here as well as KnC themselves considering they now have an affiliate program I've still yet to participate in. I have a tip Jar in my sit below that had only 2BTC the other day from thanks from members on this forum after all this time, it's now 3 thanks to Bargraphics. Despite all the demands and abuse, I can honestly state greed outweighs generosity here, and I'm starting to get quite tired of this. This is my first real day alone to myself and I'm laying in bed in the hotel, exhausted, still on this damn thread.

The throwing stones aspect was related to how late your company will be and how they went about coercing people into parting with funds for a product that cannot be delivered in that timeframe.

If the ROI margins weren't so thin and in jeopardy of never happening you'd be getting more donations I'm sure.  Looks like the next diff change will be a whopper...270mil.  I think everyone is starting to realize how snookered they were in trying to grab a piece of the hashrate pie with overpriced shovels.
donch
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October 13, 2013, 03:46:14 PM
 #15506

at least i had the self respect to demand payment upfront for my services.

You got paid to spam threads?

"How are you justifying these as fair use?  They are clearly and unequivocally a copyright violation."
"I really want to know how you justify that under the fair use doctrine?  It does not conform to a single point of fair use."
Josh whining about people reusing his studio portrait shot on this forum. Can you copyright a copyright complaint? All Paypal refunds are final.
ASIC-K
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Hell?


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October 13, 2013, 03:47:07 PM
 #15507

You people are so petty.....and tiny. -Thor
Sitarow
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October 13, 2013, 03:47:10 PM
 #15508



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.


To be honest to date the most my Single Jupiter has made is shy of 12BTC as of now.

1.5BTC would be a bit much per Jupiter order day late.
cypherdoc
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October 13, 2013, 03:47:13 PM
 #15509

Every time I open this thread, always extra 2-4 pages and it's always the same few people posting Roll Eyes
Yeah.
But no KnC, which annoys me. (as Orama != KnC)


yeah, it astounds me to no end.

everyone always bashes HF as a scam yet they are all over the place on their threads with multiple employee participation. 

plus, i'm not an employee, nor getting paid, yet i do my best to answer Q's.  Roll Eyes
It's not about you. This annoys me too.

huh?  of course it's not about me.

what i'm talking about is the relationship btwn Rama and KNC.  it's really one of the most bizarre i have ever seen.
Bitcoinorama
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October 13, 2013, 03:47:40 PM
 #15510

Hi Bitcoinorama,

I appreciate your efforts to travel to another country and find out information on our behalf. This is great and I'm grateful. However, the facts haven't been that fast in coming and rather than writing long essays and getting wound up by the trolls, it might be better to answer some straight questions with some straight facts  Smiley

  • How many units have been dispatched.
  • How many units are left to be built and dispatched.
  • When will the final unit of October Delivery be dispatched.

With these facts in the public arena I'm sure you'll get much less hassle from everyone here. If you can't get these facts, who can?

They said 700 on Fri I think.
I was told around 1,000 last week when I stated this in the forum.
I don't know, Marcus and Michael are at the manufacturing facility now determining that, but I don't see why it cannot be this week now device issues seem to be more or less sorted with the last update and since General Electric sent their Critical Power guy to double check and confirm the PCB met all their recommendations.

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
donch
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October 13, 2013, 03:49:08 PM
 #15511

They said 700 on Fri I think.
I was told around 1,000 last week when I stated this in the forum.
I don't know, Marcus and Michael are at the manufacturing facility now determining that, but I don't see why it cannot be this week now device issues seem to be more or less sorted with the last update and since General Electric sent their Critical Power guy to double check and confirm the PCB met all their recommendations.

Thanks! Give them a phone call and get a live count from the factory floor :-)

"How are you justifying these as fair use?  They are clearly and unequivocally a copyright violation."
"I really want to know how you justify that under the fair use doctrine?  It does not conform to a single point of fair use."
Josh whining about people reusing his studio portrait shot on this forum. Can you copyright a copyright complaint? All Paypal refunds are final.
cypherdoc
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October 13, 2013, 03:50:17 PM
 #15512

at least i had the self respect to demand payment upfront for my services.

You got paid to spam threads?

during the time i got paid to sell out Batch 1 (18 days) i NEVER entered this thread, iirc.

and if i did for one or two posts at most, it wasn't to troll.
ASIC-K
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October 13, 2013, 03:50:24 PM
 #15513

They said 700 on Fri I think.
I was told around 1,000 last week when I stated this in the forum.
I don't know, Marcus and Michael are at the manufacturing facility now determining that, but I don't see why it cannot be this week now device issues seem to be more or less sorted with the last update and since General Electric sent their Critical Power guy to double check and confirm the PCB met all their recommendations.

Thanks! Give them a phone call and get a live count from the factory floor :-)

+1
Paladin69
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October 13, 2013, 03:52:02 PM
 #15514



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.


To be honest to date the most my Single Jupiter has made is shy of 12BTC as of now.

1.5BTC would be a bit much per Jupiter order day late.

Was really hoping for some free miner protection thru firmware upgrades because of all the VRM's on the boards.  HashFast customers may not be mining yet but that "miner protection" puts them in a more comfortable position.  Then the difficulty will raise that much faster if most customers paid for it.  But then of course they had to raise the prices even higher for "miner protection"...lol  Like Puppet said, the chips are probably $50 each.

BFL, BitFury, KnC, HashFast...the only people making money in the ASIC generation.
donch
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October 13, 2013, 03:52:43 PM
 #15515

at least i had the self respect to demand payment upfront for my services.

You got paid to spam threads?

while i got paid during the time it took to sell out Batch 1 (18 days) i NEVER entered this thread, iirc.

and if i did for one or two posts at most, it wasn't to troll.

Well, I respect your honesty for admitting you are now trolling. Who knew trolling had to be voluntary?

"How are you justifying these as fair use?  They are clearly and unequivocally a copyright violation."
"I really want to know how you justify that under the fair use doctrine?  It does not conform to a single point of fair use."
Josh whining about people reusing his studio portrait shot on this forum. Can you copyright a copyright complaint? All Paypal refunds are final.
Bitcoinorama
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October 13, 2013, 03:53:34 PM
 #15516

Every time I open this thread, always extra 2-4 pages and it's always the same few people posting Roll Eyes
Yeah.
But no KnC, which annoys me. (as Orama != KnC)


yeah, it astounds me to no end.

everyone always bashes HF as a scam yet they are all over the place on their threads with multiple employee participation.  

plus, i'm not an employee, nor getting paid, yet i do my best to answer Q's.  Roll Eyes
It's not about you. This annoys me too.

huh?  of course it's not about me.

what i'm talking about is the relationship btwn Rama and KNC.  it's really one of the most bizarre i have ever seen.

What? Go out and check a company exists because it's a lot of money and I want to purchase myself, plus have a sniff around as it's inline with what I studied my post grad in and I have an interest in Bitcoin.

Report back and share what I found out, which could then be confirmed independently by yourselves.

Made to feel kind of responsible by people here on the forum constantly asking for more info, and Sam wanting me to handle communication, due to the fact Sam, Andreas and Marcus are overloaded with work and a geoups of IC whizzkids with Aspergers should never be put in the public spotlight. Refusing to do so on my part on an employed basis until they have a proven working product.

All I ever did on their side before, and after the open day was make some solid suggestions; this is a burnt community, make sure you under promise, and over deliver, get on Board with Life on Bitcoin, etc.

I'm not f-in stupid w.r.t. my responsibility. All I have ever wanted was;

1. No one getting ripped off, so inform and make logical choices. Though entirely your own fault if you won't read and research and make educated decisions for yourself. Those that listened to me are clearly happy, though never have I told anyone what to do, just what I was doing.

2. Wanted to see a real engineering firm deliver through talent and not spread marketing lies to tie up people's funds under fraudulent false pretence.

Make my day! Say thanks if you found me helpful Smiley BTC Address --->
1487ThaKjezGA6SiE8fvGcxbgJJu6XWtZp
cypherdoc
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October 13, 2013, 03:54:16 PM
 #15517

at least i had the self respect to demand payment upfront for my services.

You got paid to spam threads?

while i got paid during the time it took to sell out Batch 1 (18 days) i NEVER entered this thread, iirc.

and if i did for one or two posts at most, it wasn't to troll.

Well, I respect your honesty for admitting you are now trolling. Who knew trolling had to be voluntary?

who admitted to trolling?

i think it's enlightening to determine this relationship btwn Rama and KNC as bizarre as it is.
Paladin69
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October 13, 2013, 03:54:32 PM
 #15518

Hi Bitcoinorama,

I appreciate your efforts to travel to another country and find out information on our behalf. This is great and I'm grateful. However, the facts haven't been that fast in coming and rather than writing long essays and getting wound up by the trolls, it might be better to answer some straight questions with some straight facts  Smiley

  • How many units have been dispatched.
  • How many units are left to be built and dispatched.
  • When will the final unit of October Delivery be dispatched.

With these facts in the public arena I'm sure you'll get much less hassle from everyone here. If you can't get these facts, who can?

They said 700 on Fri I think.
I was told around 1,000 last week when I stated this in the forum.
I don't know, Marcus and Michael are at the manufacturing facility now determining that, but I don't see why it cannot be this week now device issues seem to be more or less sorted with the last update and since General Electric sent their Critical Power guy to double check and confirm the PCB met all their recommendations.

'orama, do you know when November orders go into production?  When is the cutoff for refunds?  They used to say up to the day before your order is ready.  Kind of a shame that isn't the case anymore.
DeathAndTaxes
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October 13, 2013, 03:57:00 PM
 #15519

HashFast customers may not be mining yet but that "miner protection" puts them in a more comfortable position.  But then of course they had to raise the price for it...lol  Like Puppet said, the chips are probably $50 each.

The production cost is largely irrelivent.  What matters is the market price.  What is 1 GH/s in hashing power worth on the market.  That gets more complicated due to the fact that it will decline over time.   Is 1 GH/s delivered in Jan worth $10 per GH/s?  Definitely not.  How about $5 per GH/s?  $3 per GH/s?   That is what the MPP is worth.  It isn't necessarily HF price in Jan but the lowest price available anywhere (all competitors, new and used equipment).  Obviously 1 GH/s has some value in the future.

Quote
BFL, BitFury, KnC, HashFast...the only people making money in the ASIC generation.
No different than any other gold rush.  The rush will end eventually and mining will become boring low margin business.  Those with the most efficient setup will profit and those who are marginal will not.
donch
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October 13, 2013, 03:57:50 PM
 #15520

i think it's enlightening to determine this relationship btwn Rama and KNC as bizarre as it is.

I find it enlightening that Hashfast did not renew their agreement with you for their subsequent batches.

Maybe your wisdom belongs on a separate thread where people have the option of reading it.

"How are you justifying these as fair use?  They are clearly and unequivocally a copyright violation."
"I really want to know how you justify that under the fair use doctrine?  It does not conform to a single point of fair use."
Josh whining about people reusing his studio portrait shot on this forum. Can you copyright a copyright complaint? All Paypal refunds are final.
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