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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007059 times)
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October 14, 2013, 10:58:11 PM
 #16001

In other news

http://www.bbc.co.uk/news/science-environment-24477667

"The bottom line is that 1,000 tonnes of diamonds a year are being created on Saturn."

Should have got one of those instead.

Saturn and Jupiter.
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October 14, 2013, 11:05:35 PM
 #16002

I have to say that at this point, my feelings are much more in line with Avenger than BitcoinOrama.  Anybody know what Jupiter futures are going for on ebay?
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October 14, 2013, 11:10:57 PM
 #16003

In other news

http://www.bbc.co.uk/news/science-environment-24477667

"The bottom line is that 1,000 tonnes of diamonds a year are being created on Saturn."

Should have got one of those instead.

trouble is that the shipping costs will kill you.
Yeah, interstellar UPS is a rip-off. Nasa is the cheapest option.

"I am not The Avenger"
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October 14, 2013, 11:14:14 PM
 #16004


yeah cheap, but..

!! File Complaints Against KnCMiner NOW !!
..and Thou shalt spread the coin in the name of cryptography for eternity
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October 14, 2013, 11:15:04 PM
 #16005

In other news

http://www.bbc.co.uk/news/science-environment-24477667

"The bottom line is that 1,000 tonnes of diamonds a year are being created on Saturn."

Should have got one of those instead.

trouble is that the shipping costs will kill you.
Yeah, interstellar UPS is a rip-off. Nasa is the cheapest option.

Nah. Russians do it cheaper and more reliably. Their shit is built to perform, NASA's is built to impress newsies.

Also, don't forget about Sir Richard's outfit. Could change the whole game. I'm told his wife likes diamonds. Smiley

Buy Bitcoins with Paypal, Credit card, or other methods. Send me a PM or a text to 208-451-2665.
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October 14, 2013, 11:24:13 PM
 #16006


Name:   kncminer
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Last Active:   September 27, 2013, 08:38:22 AM

Shocking to me.

whether the avenger is a client or not, and i think he is because he is UPSET about stuff LIKE ABOVE....so BITCOINORAMA, regardless of whether you work for KNC or not, you have now become the UNOFFICIAL voice for both KNC as well as US.

With joeventura's post above, he hit the nail on the head, and its seems KNC has no one, and WE Customers don't really have any one but ourselves and YOU.....

KNC has pulled off an amazing fete, especially for the early orders....but those must acct for 1/4 of the customers.....HELP is the avengers request in between the lines.
thanks.
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October 14, 2013, 11:25:10 PM
 #16007

In other news

http://www.bbc.co.uk/news/science-environment-24477667

"The bottom line is that 1,000 tonnes of diamonds a year are being created on Saturn."

Should have got one of those instead.

trouble is that the shipping costs will kill you.
Yeah, interstellar UPS is a rip-off. Nasa is the cheapest option.

Nah. Russians do it cheaper and more reliably. Their shit is built to perform, NASA's is built to impress newsies.

Also, don't forget about Sir Richard's outfit. Could change the whole game. I'm told his wife likes diamonds. Smiley
I stand corrected. Of course the Russians are cheaper than Nasa, what was I thinking? And once the rocket reenters the atmosphere and crashes into the sea, it turns into a boat and delivers to your nearest port. Those Russian's be clever AND cost effective.

"I am not The Avenger"
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October 14, 2013, 11:32:41 PM
 #16008

I propose for each order to be sent after 15/10/2013 KnC Miner giving one unit of 100GH / s for free.

What happens if you have 3 day one orders that are in the #300 range and have yet to receive a tracking number for them?

Smiley

You shed a tear and hope for some real compensation? Sorry to hear mate...

Nah no worries. Got some mates together and we made personal orders totaling 10 Jupiter units before they started taking payments.

Once they started taking payments. Any large orders had to be split up into individual pieces if you wished to take advantage of paypal.

I paid BTC. The other gents had to split up their orders. By that time within 24 hours the order queue was in the #1500+.

However they did have orders in the #300 range. Sam in an email had stated within that 7 day window that it would be combined.

I can only guess at the cause for the delay. Perhaps the notes used by the queue coordinator was not updated for those orders. And because of that it was pushed back in the queue.

It became apparent to one of my colleagues the reality that ROI in BTC would not be achieved,

You can guess what happens next, and you know KnCs new policy with respects refunds.

As you may have guessed rather then investing in hardware. You may have better success investing in companies that handle BTC transactions along with payment processes in btc.

I am a optimist by nature. The fact that I like to help out when I can does not help the matter.

Needless to say I am now the owner of that order. Smiley

In fairness to KnCs team efforts in attempting to deliver all orders on time, and the fact that unlike others who I have ordered from in the past. Who shall remain nameless.

I may yet get close to the amount of btc I had paid for back from the units.

Edit: In case your wondering, When those orders were placed the KnC reseller/distributor incentive program was not in place. So I do not expect that the program would extend back to day 1 pre-orders.

Edit2: Disclosure: I also felt it necessary to state that I have not signed up and have not taken part in the KnC reseller/distributor program.

I wanted to inform you all that it seems they are indeed emailing tracking numbers.
Got the 3 Jupiter individual tracking numbers via email. However they still need to be picked up.

Note: If you had day 1 order shipped to you and got it up and running october 4th you would have made over 13 BTC as of this moment.
Just an FYI.

thanks for this painfully stabbing reminder for the 3/4 of KNC's customers who are currently only waiting for their device with no consideration it seems so far...other than extra hashing power from when ordered.
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October 14, 2013, 11:40:13 PM
 #16009

the shipped saturn is the one hashing... You don't have a knc order?... thats a snippet of my KNC account order page...the other two orders there are also saturns...  in progress for a week now


Um...can you update the "October Delivery" thread so we know that your order has arrived?

Please and thanks.

That goes for all the other excited new recipients of KNC products too!
If you got your device, I'm happy for you just please....update the thread.
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October 14, 2013, 11:42:17 PM
 #16010

I propose for each order to be sent after 15/10/2013 KnC Miner giving one unit of 100GH / s for free.

What happens if you have 3 day one orders that are in the #300 range and have yet to receive a tracking number for them?

Smiley

You shed a tear and hope for some real compensation? Sorry to hear mate...

Nah no worries. Got some mates together and we made personal orders totaling 10 Jupiter units before they started taking payments.

Once they started taking payments. Any large orders had to be split up into individual pieces if you wished to take advantage of paypal.

I paid BTC. The other gents had to split up their orders. By that time within 24 hours the order queue was in the #1500+.

However they did have orders in the #300 range. Sam in an email had stated within that 7 day window that it would be combined.

I can only guess at the cause for the delay. Perhaps the notes used by the queue coordinator was not updated for those orders. And because of that it was pushed back in the queue.

It became apparent to one of my colleagues the reality that ROI in BTC would not be achieved,

You can guess what happens next, and you know KnCs new policy with respects refunds.

As you may have guessed rather then investing in hardware. You may have better success investing in companies that handle BTC transactions along with payment processes in btc.

I am a optimist by nature. The fact that I like to help out when I can does not help the matter.

Needless to say I am now the owner of that order. Smiley

In fairness to KnCs team efforts in attempting to deliver all orders on time, and the fact that unlike others who I have ordered from in the past. Who shall remain nameless.

I may yet get close to the amount of btc I had paid for back from the units.

Edit: In case your wondering, When those orders were placed the KnC reseller/distributor incentive program was not in place. So I do not expect that the program would extend back to day 1 pre-orders.

Edit2: Disclosure: I also felt it necessary to state that I have not signed up and have not taken part in the KnC reseller/distributor program.

I wanted to inform you all that it seems they are indeed emailing tracking numbers.
Got the 3 Jupiter individual tracking numbers via email. However they still need to be picked up.

Note: If you had day 1 order shipped to you and got it up and running october 4th you would have made over 13 BTC as of this moment.
Just an FYI.

thanks for this painfully stabbing reminder for the 3/4 of KNC's customers who are currently only waiting for their device with no consideration it seems so far...other than extra hashing power from when ordered.

I am still one of those customers who are still waiting on 3 devices that should have been scheduled for the day 1 delivery.
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October 14, 2013, 11:47:55 PM
 #16011


They held off shipping to fix the "Caps blowing" issue. Your unit was likely getting assembled when they made this call.

Haven't heard many more stories about the caps blowing other than Anti-KnC people claiming the boxes blow up and cause nuclear fallout (lol) so shouldn't be much longer.

Those have become some very expensive caps - we might all have been better off if they shipped with the dodgy ones. If they lasted until the end of the month for most people, that is about half of the BTC the boxes will ever generate, right there.

If it has delayed all shipping by a week, we would probably be better overall to take our chances; if I understood correctly, it sounded like very few caps were popping, and even then the machines were mining but at reduced rates.

scotjam
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October 14, 2013, 11:50:33 PM
 #16012

BITCOINORAMA, any chance you might reply to my posting.....it is alot less abrasive than the ones you seem to reply to.
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October 14, 2013, 11:53:06 PM
 #16013

I am still one of those customers who are still waiting on 3 devices that should have been scheduled for the day 1 delivery.

NO WAY?!?!?   How is that possible???   What did customer support say? 
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October 15, 2013, 12:01:36 AM
 #16014

guess they're busy somehow..


nah, fun beside, call them - shit happens

!! File Complaints Against KnCMiner NOW !!
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October 15, 2013, 12:03:58 AM
 #16015

I am still one of those customers who are still waiting on 3 devices that should have been scheduled for the day 1 delivery.

NO WAY?!?!?   How is that possible???   What did customer support say?  



At first it went with no reply except the response to deny refunds.

In an attempt to simplify the situation I took ownership of the orders.

This past Friday a far better response came from customer support. They were apologetic of the situation. Especially since the original owner of the order requested a refund but was denied.
As far as compensation for the shipping discrepancy on day 1 orders. Nothing yet.

I was informed today that they have issued tracking numbers via email. They are doubtful to arrive before the next difficulty change.

However it is somewhat reassuring that there is progress on the order. As was mentioned earlier in this thread, it seems they may have had held back shipment in order to iron out hardware / software issues.

Perhaps this is a good sign and all day 1/2 and early orders scheduled to be shipped in September will be shipped this week.
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October 15, 2013, 01:05:34 AM
 #16016

No it won't be 22 billion.  But 4-5 billion by April is very possible.  Just wait till hardware is marked down which will cause more irrational buying.  These ASIC chips and boards probably cost $50 each.  ASIC manufacturers will adjust accordingly so they can continue to sell equipment.  The ball is in their court.

Or not.  The DC regulators on the board cost more than that. 

Can ASIC prices come down?  Yes but even with free ASICs the balance of the system is still going to have some cost and those costs are unlikely to get massively reduced over time.   An  x00 watt PSU is going to have a non zero cost.  PCB creation and assembly, DC regulators, even mundane things like fans, heatsinks, cables, and cases.   There is no Moore's law or massive markup on these components.  With free ASICs you still wouldn't have $50 boards.
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October 15, 2013, 01:24:20 AM
 #16017

No it won't be 22 billion.  But 4-5 billion by April is very possible.  Just wait till hardware is marked down which will cause more irrational buying.  These ASIC chips and boards probably cost $50 each.  ASIC manufacturers will adjust accordingly so they can continue to sell equipment.  The ball is in their court.

Or not.  The DC regulators on the board cost more than that. 

Can ASIC prices come down?  Yes but even with free ASICs the balance of the system is still going to have some cost and those costs are unlikely to get massively reduced over time.   An  x00 watt PSU is going to have a non zero cost.  PCB creation and assembly, DC regulators, even mundane things like fans, heatsinks, cables, and cases.   There is no Moore's law or massive markup on these components.  With free ASICs you still wouldn't have $50 boards.

Huh?  BFL been selling zero cost devices for a year... Roll Eyes

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October 15, 2013, 01:45:56 AM
 #16018

No it won't be 22 billion.  But 4-5 billion by April is very possible.  Just wait till hardware is marked down which will cause more irrational buying.  These ASIC chips and boards probably cost $50 each.  ASIC manufacturers will adjust accordingly so they can continue to sell equipment.  The ball is in their court.

Or not.  The DC regulators on the board cost more than that. 

Can ASIC prices come down?  Yes but even with free ASICs the balance of the system is still going to have some cost and those costs are unlikely to get massively reduced over time.   An  x00 watt PSU is going to have a non zero cost.  PCB creation and assembly, DC regulators, even mundane things like fans, heatsinks, cables, and cases.   There is no Moore's law or massive markup on these components.  With free ASICs you still wouldn't have $50 boards.

The best "kits" i have seen thus far to make costs low is Bitfury chips with c-scape design.

Leave's the cost of the incidentals up the the purchaser rather than the manufacturer/seller

For bitfury the original first batch of chips cost was priced at $5 a GH. At least according to Tytus's picostock post ...

Quote

Summary:

Strong aspects:
-   low investment costs: only $5 / 1GH/s (4 times cheaper than competing products)
-   low maintenance costs due to low power dissipation of the chip: approximately 0.2-0.3 Watt / 1GH/s (4-20 time better than competition)
-   4 year manufacturer warranty
Weak aspects:
-   chip not tested yet, tape out in 1 month (full mask, engineering run), final simulation results will be posted in 2 weeks
-   deployment of 100TH-mine in July 2013

https://bitcointalk.org/index.php?topic=140366.msg1494509#msg1494509
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October 15, 2013, 01:48:03 AM
 #16019

BITCOINORAMA, any chance you might reply to my posting.....it is alot less abrasive than the ones you seem to reply to.

srsly!!

plenty of significant questions have been ignored repeatedly

just the same empty ' not my concern' posts, negating any consideration for the concerned buyers.

how many rigs per day?

how many yesterday?

how many today?

dodgy/variable chips?

3 vs 4 VRM?

in one breath you say they are too busy to be answering all questions

the next breath you tell us to eat up more of their time by calling or 'visiting like you did'

if YOU, or ANYONE with even the slghtest consideration for our concerns would merely answer the RELEVANT questions, there would be much less discomfort in here.

the silence is deafening

and the 'not me not my fault, look at avalon/bfl - lalalalala not listening' stuff is tired, and pathetic.

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October 15, 2013, 01:49:08 AM
 #16020

Saturn purchasers losing $100 per day because of delays
Jupiter purchasers losing $200 per day because of delays


No employees of KNC to be found.

No orders after order #19xx or pay date June 10th have shipped

Clearly there has been a huge gap in the shipping process. Seems like the line has stopped for many days.

Still calling for anyone who actually works for the company to show their face and tell us what is going on.



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