Swedish ASIC miner company kncminer.com

[The Avenger]

You go so far out of your way to show the community how infantile you are. Why?

I thought you had me on ignore?

And let me remind you of the statement I made that inspired you to put me on ignore:

Yawn, I ain't bothered what you say MrDampCock.

It still stands.

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[MrHempstock]

I don't threaten to use ignore, I just use it. I find children fascinating, so I enjoy watching you disassemble your own arguments. My comment was regarding how fast your tag will become yellow, and I stand by it. Anyone want to set up a 12 month BTC bet?

Altering a name in order to make fun of it? That is some seriously high-level kindergarten skills, I for one congratulate you. One day, your balls will drop and hopefully you'll grow out of your little-man syndrome. Or not.

"I'm not bothered by what you say. Well, only enough to respond and feign indifference."
Right on.

[tolip_wen]

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.

KnC CHOSE to send all UPS info at once.(>15 days before shipping for some)
KnC CHOSE to state they can make an ASIC but can not edit a production que.
KnC CHOSE to avoid a logistical nightmare even if it made nightmare for paying customers.
KnC CHOSE to create a ToS that can contradict public statements made by Sam and repeated by 'others'.
KnC CHOSE to not refund until the unit shipped.
KnC CHOSE to bank as much profit as possible even if it affects some customers in a negative way.

Your implication seems to be that KnC has no choice.
They _DO_ have a choice.
They chose self and not customer in some situations.

The result of their choices MIGHT be argued but not by stating they had no choice.

IMneverHO
------------------------------------------------------------------
I have a quick tech question.
Do the PSU's that don't play nice violate the ATX spec for overcurrent or overvoltage?

Thx in advance!

EDIT spelling, 2 different spelling of same word in same sentence even

[Mota]

@Bitcoinorama: the sad part about you getting nearly no btc in donation is that my first btc per Jupiter mined would have gone to you. Regrettably, I still don't have my day 2 oder.
@The guy who only mined 12 btc until now and thinks 1,5 btc per day compensatio is too much: screw yourself! If I had my unit in hand and had made 12 btc out of it I would certainly not be here complaining about compensation. Sad fact is I did not even have a chance at tweaking my unit and getting maybe more out of it.

[ASIC-K]

dampcock....isnt that a good thing? better than drycock?

[The Avenger]

When you reply to something, it helps to include the previous message, so it's in context. Let me just fix that for you MrDampCock.

You go so far out of your way to show the community how infantile you are. Why?

I thought you had me on ignore?

And let me remind you of the statement I made that inspired you to put me on ignore:

Yawn, I ain't bothered what you say MrDampCock.

It still stands.

I don't threaten to use ignore, I just use it. I find children fascinating, so I enjoy watching you disassemble your own arguments. My comment was regarding how fast your tag will become yellow, and I stand by it. Anyone want to set up a 12 month BTC bet?

Altering a name in order to make fun of it? That is some seriously high-level kindergarten skills, I for one congratulate you. One day, your balls will drop and hopefully you'll grow out of your little-man syndrome. Or not.

"I'm not bothered by what you say. Well, only enough to respond and feign indifference."
Right on.

Nope. Only to keep calling you MrDampCock MrDampCock.

[MrHempstock]

KnC CHOSE ad nauseum

And every one of their customers CHOSE to buy into an unproven company in an unproven market. Do you cry to Best Buy when you bleed from buying a Cutting Edge 4k TV and there's no content widely available? Probably so, nm.

[MrHempstock]

Lol no one else here cares for or about our discourse, kid.

If you can't remember what was said 15 minutes ago no amount of patching up proper quotes is going to help you.

And btw, you accomplished nothing with your previous post. I very much doubt, however, that that worries you much based on your contributions thus far.

[Mota]

KnC CHOSE ad nauseum

And every one of their customers CHOSE to buy into an unproven company in an unproven market. Do you cry to Best Buy when you bleed from buying a Cutting Edge 4k TV and there's no content widely available? Probably so, nm.

Depends: Did it get delivered on time so that I could have used my 4k receiver and my PS with it? (Which I bought extra for it?)

[MrHempstock]

KnC CHOSE ad nauseum

And every one of their customers CHOSE to buy into an unproven company in an unproven market. Do you cry to Best Buy when you bleed from buying a Cutting Edge 4k TV and there's no content widely available? Probably so, nm.

Depends: Did it get delivered on time so that I could have used my 4k receiver and my PS with it? (Which I bought extra for it?)

Probably on whether you bought it from Sony or a company who 6 months ago did not exist. For starters.

[cypherdoc]

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.

I believe the policy was refunds up to the point of your order shipping. I was denied a refund two weeks ago, and my order has yet to ship.

this is what i remember.  i'm sure it's documented somewhere in here.

[Mota]

KnC CHOSE ad nauseum

And every one of their customers CHOSE to buy into an unproven company in an unproven market. Do you cry to Best Buy when you bleed from buying a Cutting Edge 4k TV and there's no content widely available? Probably so, nm.

Depends: Did it get delivered on time so that I could have used my 4k receiver and my PS with it? (Which I bought extra for it?)

Probably on whether you bought it from Sony or a company who 6 months ago did not exist. For starters.

If no one buys from companies younger than 6 months there would be no economy. Nowhere. Your argument is invalid, I am sorry. Also, for future reference: Ad NauseAm .

[MrHempstock]

KnC CHOSE ad nauseum

And every one of their customers CHOSE to buy into an unproven company in an unproven market. Do you cry to Best Buy when you bleed from buying a Cutting Edge 4k TV and there's no content widely available? Probably so, nm.

Depends: Did it get delivered on time so that I could have used my 4k receiver and my PS with it? (Which I bought extra for it?)

Probably on whether you bought it from Sony or a company who 6 months ago did not exist. For starters.

If no one buys from companies younger than 6 months there would be no economy. Nowhere. Your argument is invalid, I am sorry. Also, for future reference: Ad NauseAm .

Well I didn't expect it to be you to take the spelling bait, but whatever.
There are plenty of large companies who do absolutely 0 business in their first year, so by definition if my argument is invalid so is yours. But that seems to be what this thread is all about now, so I'm sure you pine in with some BS opinions about general economics and other crap. Dejected sigh.

[crumbs]

,,,
If no one buys from companies younger than 6 months there would be no economy. Nowhere. Your argument is invalid, I am sorry. Also, for future reference: Ad NauseAm .

If no one pre-ordered from unproven companies, the economy would be just fine, thanks. 90% of the scams & butthurt marks would vanish, but i, personally, wouldn't miss them.

[timmmers]

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.

[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.