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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3013007 times)
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February 25, 2014, 03:10:10 PM
 #30361

I do hope that KnC is not affected severely from the MtGox insolvency.
Anyway, we will see a long period that network hashrate will not increase like crazy now.
I don't aks for refund of Neptune. I'm a believer Cheesy
A believer in what?   Perhaps you should figure that out.
The purpose of your Neptune is to "produce" bitcoins for you.   If you can refund that miner and buy more bitcoins (or any close to the amount of bitcoins) that the miner will produce, you have reduced your risk substantially and achieved your end goal faster (getting the bitcoins).
For people that paid 10-12 bitcoins for their order and now can refund and go buy 20 bitcoins, this is a no brainer and a great trade.
3 TH/s in a market that will be 60,000 TH/s by the time you get your miners will take more than 6 months to get your 20 bitcoin.   Likely more than a year depending on network growth.   It is just the smart thing to do right now.   at $400, it is even better.    At $250, it is brilliant.   


                  ,'#██+:                 
              ,█████████████'             
            +██████████████████           
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  ███;    ███████████████████████     ███;
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             .███████████████;             
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February 25, 2014, 03:13:27 PM
 #30362

I do hope that KnC is not affected severely from the MtGox insolvency.
Anyway, we will see a long period that network hashrate will not increase like crazy now.


No, I think it will continue to rise at the rate of 1200 blocks per week for at least the next three months, maybe longer.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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February 25, 2014, 03:14:31 PM
 #30363

I do hope that KnC is not affected severely from the MtGox insolvency.
Anyway, we will see a long period that network hashrate will not increase like crazy now.
I don't aks for refund of Neptune. I'm a believer Cheesy
A believer in what?   Perhaps you should figure that out.
The purpose of your Neptune is to "produce" bitcoins for you.   If you can refund that miner and buy more bitcoins (or any close to the amount of bitcoins) that the miner will produce, you have reduced your risk substantially and achieved your end goal faster (getting the bitcoins).
For people that paid 10-12 bitcoins for their order and now can refund and go buy 20 bitcoins, this is a no brainer and a great trade.
3 TH/s in a market that will be 60,000 TH/s by the time you get your miners will take more than 6 months to get your 20 bitcoin.   Likely more than a year depending on network growth.   It is just the smart thing to do right now.   at $400, it is even better.    At $250, it is brilliant.   


and so now they refund you with btc at the current exchange rate ?
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February 25, 2014, 03:33:48 PM
 #30364

I do hope that KnC is not affected severely from the MtGox insolvency.
Anyway, we will see a long period that network hashrate will not increase like crazy now.
I don't aks for refund of Neptune. I'm a believer Cheesy
A believer in what?   Perhaps you should figure that out.
The purpose of your Neptune is to "produce" bitcoins for you.   If you can refund that miner and buy more bitcoins (or any close to the amount of bitcoins) that the miner will produce, you have reduced your risk substantially and achieved your end goal faster (getting the bitcoins).
For people that paid 10-12 bitcoins for their order and now can refund and go buy 20 bitcoins, this is a no brainer and a great trade.
3 TH/s in a market that will be 60,000 TH/s by the time you get your miners will take more than 6 months to get your 20 bitcoin.   Likely more than a year depending on network growth.   It is just the smart thing to do right now.   at $400, it is even better.    At $250, it is brilliant.   


and so now they refund you with btc at the current exchange rate ?

That is one way for them to limit the bleeding.

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
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February 25, 2014, 03:36:00 PM
 #30365

I do hope that KnC is not affected severely from the MtGox insolvency.
Anyway, we will see a long period that network hashrate will not increase like crazy now.
I don't aks for refund of Neptune. I'm a believer Cheesy
A believer in what?   Perhaps you should figure that out.
The purpose of your Neptune is to "produce" bitcoins for you.   If you can refund that miner and buy more bitcoins (or any close to the amount of bitcoins) that the miner will produce, you have reduced your risk substantially and achieved your end goal faster (getting the bitcoins).
For people that paid 10-12 bitcoins for their order and now can refund and go buy 20 bitcoins, this is a no brainer and a great trade.
3 TH/s in a market that will be 60,000 TH/s by the time you get your miners will take more than 6 months to get your 20 bitcoin.   Likely more than a year depending on network growth.   It is just the smart thing to do right now.   at $400, it is even better.    At $250, it is brilliant.   


and so now they refund you with btc at the current exchange rate ?

That is one way for them to limit the bleeding.


in this case, I'll try to refund Smiley I just send an email for information about refund in btc at the current exchange rate
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February 25, 2014, 03:44:15 PM
 #30366

and so now they refund you with btc at the current exchange rate ?

That is one way for them to limit the bleeding.


in this case, I'll try to refund Smiley I just send an email for information about refund in btc at the current exchange rate

It will depend on your order size. A single Neptune will be by a bank wire. I saw a response, from Kurt I think, on KnC's forum that said only large orders are refunded by BTC. When I asked about refunding my single Neptune, I was told it would be in USD.
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February 25, 2014, 03:47:41 PM
 #30367

and so now they refund you with btc at the current exchange rate ?

That is one way for them to limit the bleeding.


in this case, I'll try to refund Smiley I just send an email for information about refund in btc at the current exchange rate

It will depend on your order size. A single Neptune will be by a bank wire. I saw a response, from Kurt I think, on KnC's forum that said only large orders are refunded by BTC. When I asked about refunding my single Neptune, I was told it would be in USD.

I'm waiting for a knc reply about this question. I have only 1 Neptune ordered.
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February 25, 2014, 03:58:48 PM
 #30368

They replied to me.....

"Refund will only be processed in USD.
In order to process your refund we would need for you to provide us with the details as listed below. "
mrbi
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February 25, 2014, 04:41:46 PM
 #30369

KNC is busy in installing their big mining farm...

video: http://www.gp.se/nyheter/sverige/1.2276893-datorhall-for-bitcoin-byggs-i-boden

http://imgur.com/a/jzT5E

http://www.eligius.st/~wizkid057/newstats/userstats.php/1A73ExsM2doRwTLp82rv5U36QHbBFmHD1X

twice increased in 1 week... from 1000 Th/s to 2000 Th/s...

We are lost cash....
madsusies
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February 25, 2014, 04:49:45 PM
 #30370

Don't worry they will soon kill the btc mining
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February 25, 2014, 04:52:25 PM
 #30371

Don't worry they will soon kill the btc mining

Yeah, no shit!  Angry
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February 25, 2014, 04:59:31 PM
 #30372

They replied to me.....
"Refund will only be processed in USD.
In order to process your refund we would need for you to provide us with the details as listed below. "
you can use the $10,000 to buy bitcoin from bitsimple or some trustworthy place.


                  ,'#██+:                 
              ,█████████████'             
            +██████████████████           
          ;██████████████████████         
         ███████:         .███████`       
        ██████               ;█████'       
      `█████                   #████#     
      ████+                     `████+     
     ████:                        ████,   
    ████:    .#              █     ████   
   ;███+     ██             ███     ████   
   ████     ███'            ███.    '███, 
  +███     #████           ,████     ████ 
  ████     █████ .+██████: █████+    `███.
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 ████     ███████████████████████'    :███
 ███:    +████████████████████████     ███`
 ███     █████████████████████████`    ███+
,███     ██████████████████████████    #███
'███    '██████████████████████████    ;███
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████    ███████████████████████████.   .███
████    ███████████████████████████'   .███
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  ███;    ███████████████████████     ███;
  ████     #████████████████████     ████ 
   ███#     .██████████████████     `███+ 
   ████`      ;██████████████       ████   
    ████         '███████#.        ████.   
    .████                         █████   
     '████                       █████     
      #████'                    █████     
       +█████`                ██████       
        ,██████:           `███████       
          ████████#;,..:+████████.         
           ,███████████████████+           
             .███████████████;             
                `+███████#,               
pedrosoft
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February 25, 2014, 05:02:47 PM
 #30373

They replied to me.....
"Refund will only be processed in USD.
In order to process your refund we would need for you to provide us with the details as listed below. "
you can use the $10,000 to buy bitcoin from bitsimple or some trustworthy place.


In your opinion ... is there no chance to roi 15,77 btc (= my Neptune btc price) ?  Huh Huh Huh
Syke
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February 25, 2014, 05:39:28 PM
 #30374

In your opinion ... is there no chance to roi 15,77 btc (= my Neptune btc price) ?  Huh Huh Huh

None. Difficulty will be far too high by the time you receive it. You'd be lucky to get 10 btc.

Buy & Hold
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February 25, 2014, 05:41:54 PM
 #30375

In your opinion ... is there no chance to roi 15,77 btc (= my Neptune btc price) ?  Huh Huh Huh

None. Difficulty will be far too high by the time you receive it. You'd be lucky to get 10 btc.

Sad but true.

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
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February 25, 2014, 05:58:04 PM
 #30376

In your opinion ... is there no chance to roi 15,77 btc (= my Neptune btc price) ?  Huh Huh Huh

None. Difficulty will be far too high by the time you receive it. You'd be lucky to get 10 btc.

Sad but true.

I think that tomorrow I'm going to aks for a refund ... I'm sad
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February 25, 2014, 06:12:55 PM
 #30377

This MT.GOX blow up will have ramifications for years in this industry and we'll never see those nice high values anymore for a long time. BTC has been slowly dropping day by day and continues to do so. There's nothing that is going to make it go back up either. So all you bitcoin rich people out there, how's it feel to have huge amounts of less money? I'm waiting for the price to drop to $100. Then maybe I'll buy some more.

Need help with your Newznab usenet indexer? http://www.newznabforums.com
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February 25, 2014, 06:22:39 PM
 #30378

In your opinion ... is there no chance to roi 15,77 btc (= my Neptune btc price) ?  Huh Huh Huh

None. Difficulty will be far too high by the time you receive it. You'd be lucky to get 10 btc.

Sad but true.

I think that tomorrow I'm going to aks for a refund ... I'm sad

In my opinion, Knc grossly violated the spirit of their miner protection by building a massive private Jupiter farm. I also had day one Neptune orders that I cancelled once the writing was on the wall that they would most likely not be profitable.

The miner protection statement says the following:
"We will ship no devices in December 2013, January 2014 or  February 2014. Meaning that once we have taken the difficulty up at the end of November we will not release any more hashing power for 3 months. We will then release our new generation of devices, which will begin shipping in March 2014. These devices will also have a much higher GH/$ rating than any of our current offerings.
 
We would like to state that If any of our competitors continues to add large amounts of hashing power to the network during December, January or February. We will continue to release our devices as competitively priced as we can to protect our customers share of the network."


https://www.kncminer.com/news?page=7

A few months ago, I thought Knc was the gold standard in Bitcoin mining manufactures, and now I think they are just as dishonest and sleazy as most other mining hardware manufacturers.

Hoarding Jupiters in order to build a massive private mining farm when they could have sold some of them to existing customers per their miner protection statement was the straw that broke the camels back for me...
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February 25, 2014, 06:55:19 PM
 #30379

In your opinion ... is there no chance to roi 15,77 btc (= my Neptune btc price) ?  Huh Huh Huh

None. Difficulty will be far too high by the time you receive it. You'd be lucky to get 10 btc.

Sad but true.

I think that tomorrow I'm going to aks for a refund ... I'm sad

In my opinion, Knc grossly violated the spirit of their miner protection by building a massive private Jupiter farm. I also had day one Neptune orders that I cancelled once the writing was on the wall that they would most likely not be profitable.

The miner protection statement says the following:
"We will ship no devices in December 2013, January 2014 or  February 2014. Meaning that once we have taken the difficulty up at the end of November we will not release any more hashing power for 3 months. We will then release our new generation of devices, which will begin shipping in March 2014. These devices will also have a much higher GH/$ rating than any of our current offerings.
 
We would like to state that If any of our competitors continues to add large amounts of hashing power to the network during December, January or February. We will continue to release our devices as competitively priced as we can to protect our customers share of the network."


https://www.kncminer.com/news?page=7

A few months ago, I thought Knc was the gold standard in Bitcoin mining manufactures, and now I think they are just as dishonest and sleazy as most other mining hardware manufacturers.

Hoarding Jupiters in order to build a massive private mining farm when they could have sold some of them to existing customers per their miner protection statement was the straw that broke the camels back for me...



But this statement let us expect, that Neptunes B1 or the 3TH equivalent in the Cloud, has to be delivered in MARCH.

After MARCH they are in DELAY!!! And Plan B is to cover us from Delays!

Maybe this is going to be true!? And the Farm is for us!? (after they mined some weeks for them self)




Esst mehr Scheisse, millionen Fliegen können nicht irren!  Cool
For this valueable Tip your ฿ Donation to:
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February 25, 2014, 06:56:30 PM
 #30380

In your opinion ... is there no chance to roi 15,77 btc (= my Neptune btc price) ?  Huh Huh Huh

None. Difficulty will be far too high by the time you receive it. You'd be lucky to get 10 btc.

Sad but true.

I think that tomorrow I'm going to aks for a refund ... I'm sad

In my opinion, Knc grossly violated the spirit of their miner protection by building a massive private Jupiter farm. I also had day one Neptune orders that I cancelled once the writing was on the wall that they would most likely not be profitable.

The miner protection statement says the following:
"We will ship no devices in December 2013, January 2014 or  February 2014. Meaning that once we have taken the difficulty up at the end of November we will not release any more hashing power for 3 months. We will then release our new generation of devices, which will begin shipping in March 2014. These devices will also have a much higher GH/$ rating than any of our current offerings.
 
We would like to state that If any of our competitors continues to add large amounts of hashing power to the network during December, January or February. We will continue to release our devices as competitively priced as we can to protect our customers share of the network."


https://www.kncminer.com/news?page=7

A few months ago, I thought Knc was the gold standard in Bitcoin mining manufactures, and now I think they are just as dishonest and sleazy as most other mining hardware manufacturers.

Hoarding Jupiters in order to build a massive private mining farm when they could have sold some of them to existing customers per their miner protection statement was the straw that broke the camels back for me...



But this statement let us expect, that Neptunes B1 or the 3THt in the Cloud, has to be delivered in MARCH.

After MARCH they are in DELAY!!! And Plan B is to cover us from Delays!

Maybe this is going to be true!? And the Farm is for us!? (after they mined some weeks for them selve)






all that don't ask for a refund hope this Smiley
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