Swedish ASIC miner company kncminer.com

[MrHempstock]

You make some valid points, for sure.

But this

Oh and forget that "we're all busy" crap...they have a hell of a lot of money to hire a few temps for a week like any other very busy business does. 

could be (and has been) said about this very forum we all use to support the BTC community.

[murraypaul]

But this

Oh and forget that "we're all busy" crap...they have a hell of a lot of money to hire a few temps for a week like any other very busy business does. 

could be (and has been) said about this very forum we all use to support the BTC community.

And how many thousands of dollars have you paid to use this forum?

[timmmers]

You make some valid points, for sure.

But this

Oh and forget that "we're all busy" crap...they have a hell of a lot of money to hire a few temps for a week like any other very busy business does. 

could be (and has been) said about this very forum we all use to support the BTC community.

Yeah I saw the owner being reamed for his greed by the lads who he asked for help when it was hacked and he hadn't taken their sensible advice lol.
Makes a fair chunk of change from this thing doesn't he? Surprised me.

[MrHempstock]

But this

Oh and forget that "we're all busy" crap...they have a hell of a lot of money to hire a few temps for a week like any other very busy business does. 

could be (and has been) said about this very forum we all use to support the BTC community.

And how many thousands of dollars have you paid to use this forum?

I haven't personally paid thousands of dollars to use KNCMiner, either. I was smart enough to purchase BTC directly and only invest what I EXPECTED to lose in a mining operation for the enjoyment of participation. This thread should be renamed "Angry about your choice of investment? Blame others here!"

[murraypaul]

I haven't personally paid thousands of dollars to use KNCMiner, either. I was smart enough to purchase BTC directly and only invest what I EXPECTED to lose in a mining operation for the enjoyment of participation. This thread should be renamed "Angry about your choice of investment? Blame others here!"

And if people are angry because they've got their miners, they are hashing away, but won't make positive ROI because of increased difficulty, that is perfectly fair.
If KNC have simply failed to deliver what they promised to, it isn't.

[Crypto_Cumbrian]

When I ordered and paid in July the KnC page said 400 for a Jup. It said October in huge letters for delivery.
That was what tipped me over to ordering. The fact that it would be early enough to have a chance of breaking even, and also that KnC understood that by their (back then quite frequent compared to now) statements about difficulty being important.

What has been delivered to others has not been double that, has on a lot of occasions not worked close to that spec even in hosting.

In any case, the speed is moot if you don't have the rig hashing. This is all non hardware related we hear, it's firmware. If so, what's the production delay? Why not churn them out and update the firmware ? If what we have been told is true about the production times and lines they could have finished them all days ago. 500 a day should be easily possible. 30 assembly benches..8 hours a day. Easy.

How can such magnificent engineers not know the production capacity of their own factory? It's fucking basic. In a real business it would be the deal breaker for funding in the business plan (pre-order avoids the need to actually know these basics for backing doesn't it?). The timing of the batch being all complete should be known for definite.

These facts simply don't go together. Rigs change status and nothing moves. KnC STFU completely.
Meanwhile we all know we are losing money and worry that we may take delivery of a malfunctioning machine after all this time.

Add to this the attitude that being pissed off about all this over promising and non delivering is somehow trolling? We don't look at this as some marvellous experiment that we can get into for free and make millions whatever happens..to us it's seeing a company and product, measuring their promises against what seems possible and investing our money based on those promises. The only pleasure we get is a box arriving and the rig working..then we breathe a sigh of relief. Even if it's a day or two late.

Right now, those of us who haven't seen that box, we're not having fun. We have no solid information and even though they know how things are, they don't have anyone working to even answer the phone. We're all losing the possibility of breaking even in return for putting our trust in KnC. They seem to think we're stupid for that. Or it simply doesn't matter.

Oh and forget that "we're all busy" crap...they have a hell of a lot of money to hire a few temps for a week like any other very busy business does. To assemble, answer the phone, send email updates, free up someone who can etc.

Taking the piss.

+1

I'm very close to invoking distance selling regulations and quoting "EU Consumer Rights Directive". If I do not have a confirm shipping number by end of the day 15th or an Indication on compensation for delay and my loss.

KNC are shit hot Engineers (but engineers should not run companies) , there reputation as a company is what people will remember, how they treated their customers is what people will remember.

[MrHempstock]

I haven't personally paid thousands of dollars to use KNCMiner, either. I was smart enough to purchase BTC directly and only invest what I EXPECTED to lose in a mining operation for the enjoyment of participation. This thread should be renamed "Angry about your choice of investment? Blame others here!"

And if people are angry because they've got their miners, they are hashing away, but won't make positive ROI because of increased difficulty, that is perfectly fair.
If KNC have simply failed to deliver what they promised to, it isn't.

Based on the previous performance of which mining company, exactly?

[josh_nc]

But this

Oh and forget that "we're all busy" crap...they have a hell of a lot of money to hire a few temps for a week like any other very busy business does. 

could be (and has been) said about this very forum we all use to support the BTC community.

And how many thousands of dollars have you paid to use this forum?

I haven't personally paid thousands of dollars to use KNCMiner, either. I was smart enough to purchase BTC directly and only invest what I EXPECTED to lose in a mining operation for the enjoyment of participation. This thread should be renamed "Angry about your choice of investment? Blame others here!"

Right on the bull nose!

[cypherdoc]

KNC are shit hot Engineers (but engineers should not run companies) , there reputation as a company is what people will remember, how they treated their customers is what people will remember.

the 2 principals of KNC are not engineers.  they are businessmen.

which is why i went with HF.  Simon is a brilliant engineer along with his team of at least 4 asic engineers and now more.  i've lost track of the actual number.

[MrHempstock]

which is why i went with HF.

HOLD THE PRESS! You are going with Hashfast? I think someone, somewhere, under a rock and beneath the ocean did not know that. Please, tell us all the ways that makes your decision superior to ours. In this, the KNCminer thread.

[cypherdoc]

which is why i went with HF.

HOLD THE PRESS! You are going with Hashfast? I think someone, somewhere, under a rock and beneath the ocean did not know that. Please, tell us all the ways that makes your decision superior to ours. In this, the KNCminer thread.

like you never entered HF threads to troll.

[skoolbytes]

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.

I feel your pain.  I'm in the same boat.  I'm hoping that their turnaround time on RMA's are quick.

[MrHempstock]

which is why i went with HF.

HOLD THE PRESS! You are going with Hashfast? I think someone, somewhere, under a rock and beneath the ocean did not know that. Please, tell us all the ways that makes your decision superior to ours. In this, the KNCminer thread.

like you never entered HF threads to troll.

Like apples to Mt Everest is even comparable.
I haven't made the HF thread my personal Cheers. Everybody there doesn't know my name.

[erschiessen]

which is why i went with HF.

HOLD THE PRESS! You are going with Hashfast? I think someone, somewhere, under a rock and beneath the ocean did not know that. Please, tell us all the ways that makes your decision superior to ours. In this, the KNCminer thread.

like you never entered HF threads to troll.

Please don't quote cypherdouche, everyone.

[cypherdoc]

which is why i went with HF.

HOLD THE PRESS! You are going with Hashfast? I think someone, somewhere, under a rock and beneath the ocean did not know that. Please, tell us all the ways that makes your decision superior to ours. In this, the KNCminer thread.

like you never entered HF threads to troll.

Like apples to Mt Everest is even comparable.
I haven't made the HF thread my personal Cheers. Everybody there doesn't know my name.

please point out where i've trolled this thread. 

even more, where i've posted to this thread prior to 2 nights ago?

[cypherdoc]

which is why i went with HF.

HOLD THE PRESS! You are going with Hashfast? I think someone, somewhere, under a rock and beneath the ocean did not know that. Please, tell us all the ways that makes your decision superior to ours. In this, the KNCminer thread.

like you never entered HF threads to troll.

Please don't quote cypherdouche, everyone.

name calling, name calling, erdouchen.

[MrHempstock]

Um, no thanks. I do not feel the need to prove gravity or any other obvious fact. The only ones capable of education are doing it for themselves, trust me.

[cypherdoc]

Um, no thanks. I do not feel the need to prove gravity or any other obvious fact. The only ones capable of education are doing it for themselves, trust me.

translation:  i can't.

[timmmers]

I haven't personally paid thousands of dollars to use KNCMiner, either. I was smart enough to purchase BTC directly and only invest what I EXPECTED to lose in a mining operation for the enjoyment of participation. This thread should be renamed "Angry about your choice of investment? Blame others here!"

And if people are angry because they've got their miners, they are hashing away, but won't make positive ROI because of increased difficulty, that is perfectly fair.
If KNC have simply failed to deliver what they promised to, it isn't.

Based on the previous performance of which mining company, exactly?

HE said " if they failed to deliver what they promised" ..which would also be true for pizza or anything he paid for. He never mentioned mining companies. KnC have been super confident from the start and have ORSOC who aren't noobs in ASIC design as partners.

[MrHempstock]

Um, no thanks. I do not feel the need to prove gravity or any other obvious fact. The only ones capable of education are doing it for themselves, trust me.

translation:  i can't.

I can't what? Prove you've only been in here for 2 days? Is that all of a sudden what I was trying to do? You can't alter the argument in order to win it, sorry.
And simply stating that you are not a troll does not, in fact, make it not so.

Let's alter it in this way: How many posts do you have in here vs how many I have in there? See? It's easy to control the outcome when BS freely flies from your fingertips.