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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3008445 times)
RoadStress
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October 15, 2013, 10:37:24 PM
 #16341

ORama and anyone else from KNC

No response to emails to customer support, info etc.

Why have they gone silent?



I have received a reply today from knc support.

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
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DigginDeep
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October 15, 2013, 10:40:06 PM
 #16342

Yes its close to 1am right now...  BUT today was the day they claimed for months to have all orders shipped out by.  And not even a single word from them.  Not even an public apologize or an timeline update.  Witch is pretty shitty.

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October 15, 2013, 10:44:54 PM
 #16343

I can't believe the network hash rate....I new it was going to explode...but more than double?  
Phoenix1969
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October 15, 2013, 10:48:21 PM
 #16344

oyeah...x2


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FUKT
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October 15, 2013, 10:53:07 PM
 #16345

oyeah...x2

I order a lot of gear online and those tracking updates are a great feeling.
DeathAndTaxes
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October 15, 2013, 10:56:30 PM
 #16346

I can't believe the network hash rate....I new it was going to explode...but more than double? 

I made a thread to help people predict this.  Said 6 to 8 PH/s by end of the year.   Honestly I think now it will be closer to 8 to 10 PH/s.  By mid 2014 we probably are looking at 15 PH/s+  if ASIC companies serious cut prices (say <$2 per GH/s delivery in 30 days or less) we could see more than 20 PH/s.   I don't think 30-40 PH/s by end of 2014 is that conservative.   Worst case scenario we way overshoot and end up 50-80 PH/s and new sales flatline for a while.
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October 15, 2013, 10:58:22 PM
 #16347

Order 160X Jupiter was shipped, paid on July 01.

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October 15, 2013, 11:02:18 PM
 #16348

I can't believe the network hash rate....I new it was going to explode...but more than double? 

I made a thread to help people predict this.  Said 6 to 8 PH/s by end of the year.   Honestly I think now it will be closer to 8 to 10 PH/s.  By mid 2014 we probably are looking at 15 PH/s+  if ASIC companies serious cut prices (say <$2 per GH/s delivery in 30 days or less) we could see more than 20 PH/s.   I don't think 30-40 PH/s by end of 2014 is that conservative.   Worst case scenario we way overshoot and end up 50-80 PH/s and new sales flatline for a while.

As usual, your predictions are spot on.  All of my spreadsheets agree...
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October 15, 2013, 11:02:24 PM
 #16349

I can't believe the network hash rate....I new it was going to explode...but more than double? 

I made a thread to help people predict this.  Said 6 to 8 PH/s by end of the year.   Honestly I think now it will be closer to 8 to 10 PH/s.  By mid 2014 we probably are looking at 15 PH/s+  if ASIC companies serious cut prices (say <$2 per GH/s delivery in 30 days or less) we could see more than 20 PH/s.   I don't think 30-40 PH/s by end of 2014 is that conservative.   Worst case scenario we way overshoot and end up 50-80 PH/s and new sales flatline for a while.

I hear it will be around 30PH by the end of February by some large players in the mining game. Personally I think it will only be around 15PH by then but then again we'll see.
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October 15, 2013, 11:05:26 PM
 #16350

So my status has been updated from 'In Progress' to 'Shipped' (June 26th 27xx order).

I had set up my mining pool as eligius and put in my bitcoin address on the KNC site.  
I checked my eligius stats and nothing comes up.  So I'm wondering if it was even tested.
Was I supposed to put my bitcoin address under "Pool Worker"??

I have also not received any tracking information to my email.  How soon after you guys' status change to
shipped did you receive your tracking information??


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October 15, 2013, 11:09:12 PM
 #16351

I can't believe the network hash rate....I new it was going to explode...but more than double? 

I made a thread to help people predict this.  Said 6 to 8 PH/s by end of the year.   Honestly I think now it will be closer to 8 to 10 PH/s.  By mid 2014 we probably are looking at 15 PH/s+  if ASIC companies serious cut prices (say <$2 per GH/s delivery in 30 days or less) we could see more than 20 PH/s.   I don't think 30-40 PH/s by end of 2014 is that conservative.   Worst case scenario we way overshoot and end up 50-80 PH/s and new sales flatline for a while.

So you assume a remarkably slower monthly growth in the coming year?

Lets say end of 2013 = 10 Ph and June 2014 = 16 PH

That would lead to a monthly growth of 8% in the first half.
demonmaestro
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October 15, 2013, 11:13:07 PM
 #16352

This was from today (15th)

Well this is a sad day for sure.  Cry I had high hopes that knc would deliver on time. However they have not.
I am not truly happy with this response as to all they said is they are shipping. BUT no true response to the question that was asked. Today is the 15th. They have less than 2 hours till its the 16th there.

Now questioning there true shipping date.

Quote
From: Customer Service [mailto:customerservice@kncminer.com]
Sent: Tuesday, October 15, 2013
To: myemail@email.com
Subject: RE: Send message // http://www.kncminer.com

Dear uncle bob,
 
Please accept our sincere apologies for delay.
 
We are working on production of miners as fast as possible and we are moving down the list based on payment date. Your miner should be produced shortly.
 
Once your miner is produced and shipped, you will receive an email with tracking number and estimated delivery date.
 
Please do not hesitate to contact us if you have further questions.
 
Med vänlig hälsning | Best regards
Anna Jagdhar
Kncminer
www.kncminer.com
Office: +46 8559 253 20
 
 
 
From: reviews@kncminer.com [mailto:reviews@kncminer.com]
Sent: 15 October 2013
To: reviews
Subject: Send message // http://www.kncminer.com
 
 
 
   KnCMiner Bitcoin mining
Username:
uncle bob

E-mail:
myemail@email.com

Message subject:
Send message

Text message:
I am courious as to if ya do plan on getting all orders out today. If not what is yaws plan for moving foward. My order is still just showing paid. Thanks, uncle bob
 
 

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DeathAndTaxes
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October 15, 2013, 11:50:52 PM
 #16353

I can't believe the network hash rate....I new it was going to explode...but more than double? 

I made a thread to help people predict this.  Said 6 to 8 PH/s by end of the year.   Honestly I think now it will be closer to 8 to 10 PH/s.  By mid 2014 we probably are looking at 15 PH/s+  if ASIC companies serious cut prices (say <$2 per GH/s delivery in 30 days or less) we could see more than 20 PH/s.   I don't think 30-40 PH/s by end of 2014 is that conservative.   Worst case scenario we way overshoot and end up 50-80 PH/s and new sales flatline for a while.

So you assume a remarkably slower monthly growth in the coming year?

Lets say end of 2013 = 10 Ph and June 2014 = 16 PH

That would lead to a monthly growth of 8% in the first half.

Yes unless prices go significantly lower.   Trying running the math in a Bitcoin mining calculator (discount a Jupiter by 50% cost) starting at 10 PH/s.  It doesn't look pretty.  People have a pretty good ability to delude themselves that future actions won't happen but when the day 0 profitability sucks (i.e. if I buy this today and difficulty doesn't rise at all I won't break even in a year) it is pretty easy to not buy and wait it out.

The other thing to consider is that as we get close to 20 PH/s the market for less efficient gear ( Avalon, ASICMiner, BFL) is going to go down the toilet.   At 20 PH/s and $0.10 per kWh an Avalon rig for example will spend 100% of gross revenue in electricity.  So buy $1000 for a rig and then spend $100 in electricity to get $100 in Bitcoins.   Doesn't sound very attractive does it.

However as I indicated if delivery times shrink (say 30 day preorder) and prices SIGNIFCANTLY (not this 10% off but <$2 GH/s decline) we could see 20 PH/s+ by mid of the year.


Yeah I understand it is a pretty wide range.  I am not claiming to predict the future just pointing out in the near term anyone looking to deploy should consider a min of 10 PH/s by end of year and another 5 to 10 PH/s in the first half of next year.  If your "math" for making fortune uses more optimistic numbers you likely are going to get buried.
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October 15, 2013, 11:54:11 PM
 #16354

Yes its close to 1am right now...  BUT today was the day they claimed for months to have all orders shipped out by.  And not even a single word from them.  Not even an public apologize or an timeline update.  Witch is pretty shitty.
"All current paid orders will be shipped no later than October 15th." - https://www.kncminer.com/news/news-33

I'm surprised it's still there. Disappointed in them since I have jack f'ing squat and no idea when I'll ever get my shit.
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October 16, 2013, 12:03:42 AM
 #16355

Yes its close to 1am right now...  BUT today was the day they claimed for months to have all orders shipped out by.  And not even a single word from them.  Not even an public apologize or an timeline update.  Witch is pretty shitty.
"All current paid orders will be shipped no later than October 15th." - https://www.kncminer.com/news/news-33

I'm surprised it's still there. Disappointed in them since I have jack f'ing squat and no idea when I'll ever get my shit.
Yep.

"I am not The Avenger"
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October 16, 2013, 12:08:50 AM
 #16356

ORama and anyone else from KNC

No response to emails to customer support, info etc.

Why have they gone silent?


Because it's almost 1am in sweden?

Sent emails at 9am to 5pm their time

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October 16, 2013, 12:09:44 AM
 #16357

oyeah...x2

Wish I had a tracking number

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October 16, 2013, 12:12:00 AM
 #16358

looks like my unit is in Germany, and possibly in the air right now.....glad yes, excited, ehhh.....in less than a day the difficulty is about to skyrocket and those precious few days that I feel my unit is late is definitely going to hurt....luckily for me this whole BITCOIN project has been a write off and will still be helpful but I can imagine the pain for those who don't have that benefit and are still behind my order.
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October 16, 2013, 12:25:09 AM
 #16359

Order #3523, July 10th - In Progress


Praying that In Progress changes to shipped in the next few days.
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October 16, 2013, 12:25:26 AM
 #16360

Koeln, Germany    10/16/2013    12:31 A.M.   Arrival Scan

Louisville, KY, United States    10/15/2013    6:24 P.M.   Registered with Clearing Agency. Shipment release pending Clearing Agency
review. / Shipment submitted to Clearing Agency, awaiting final release.

Malmo Sturup, Sweden    10/15/2013    11:22 P.M.   Departure Scan

                                  10/15/2013    10:15 P.M.   Arrival Scan

Jonkoping, Sweden    10/15/2013    6:30 P.M.   Departure Scan

Sweden                   10/15/2013           5:15 A.M. Order Processed: Ready for UPS



Can anyone just explain alittle of how it went from sweden to kentucky to germany ( i know it didn't physically do that).....thanks.
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