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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3045502 times)
mvalley
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March 20, 2014, 04:57:11 PM
 #31021

I bet that peeps didn't read the T&Cs and think they can refund somehow. Oh the humanity!


KnCMiner Sells $2 Million Worth of Dogecoin and Litecoin Mining Rigs in Just Four Hours

http://www.ibtimes.co.uk/kncminer-sells-2-million-worth-dogecoin-litecoin-mining-rigs-just-four-hours-1441047

WTF Huh


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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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kendog77
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March 20, 2014, 05:33:42 PM
 #31022

KnCMiner Sells $2 Million Worth of Dogecoin and Litecoin Mining Rigs in Just Four Hours

http://www.ibtimes.co.uk/kncminer-sells-2-million-worth-dogecoin-litecoin-mining-rigs-just-four-hours-1441047

WTF Huh

they just sold 200 miners ....

People are stupid and just gave Knc a interest free, 6 month, $2 million dollar loan that Knc will use to stock their data center with Jupiters.

Please don't pre-order from companies that are directly competing with their own customers!
Phoenix1969
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March 20, 2014, 05:41:01 PM
Last edit: March 20, 2014, 05:55:38 PM by Phoenix1969
 #31023

KnCMiner Sells $2 Million Worth of Dogecoin and Litecoin Mining Rigs in Just Four Hours

http://www.ibtimes.co.uk/kncminer-sells-2-million-worth-dogecoin-litecoin-mining-rigs-just-four-hours-1441047

WTF Huh

they just sold 200 miners ....

People are stupid and just gave Knc a interest free, 6 month, $2 million dollar loan that Knc will use to stock their data center with Jupiters.

Please don't pre-order from companies that are directly competing with their own customers!
You really think they NEED it when they are pumpin mega -btc  Petahashes @ the DataCenter?
I don't.


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kendog77
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March 20, 2014, 05:47:55 PM
 #31024

KnCMiner Sells $2 Million Worth of Dogecoin and Litecoin Mining Rigs in Just Four Hours

http://www.ibtimes.co.uk/kncminer-sells-2-million-worth-dogecoin-litecoin-mining-rigs-just-four-hours-1441047

WTF Huh

they just sold 200 miners ....

People are stupid and just gave Knc a interest free, 6 month, $2 million dollar loan that Knc will use to stock their data center with Jupiters.

Please don't pre-order from companies that are directly competing with their own customers!
You really think they NEED it when they are pumpin Petahashes @ the DataCenter?
I don't.

Knc doesn't "need" to do anything, but they have made it pretty clear that they "want" to build the biggest mining farm in the world.

I still think it's very foolish to pre-order a Titan for 10k given the fuzzy six month delivery window and no refund policy. I strongly suspect that you'll be able to get more scrypt hashing power from a Chinese manufacturer for the same cost before Knc ever delivers a single Titan, so why take the risk?

The price / GH of in stock ASIC hardware is already about at the same level as a Neptune, and Knc is still silent on when the Neptune will be delivered.
fractal02
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March 20, 2014, 05:50:00 PM
 #31025

You really think they NEED it when they are pumpin Petahashes @ the DataCenter?
I don't.

So why they don't just sell in stock units...?

pre-order = crowfunding.
end of line.
kendog77
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March 20, 2014, 05:53:04 PM
 #31026

You really think they NEED it when they are pumpin Petahashes @ the DataCenter?
I don't.

So why they don't just sell in stock units...?

pre-order = crowfunding.
end of line.

Because they can get millions of dollars worth of interest free loans from customers to build the biggest mining farm in the world. Bascially, they are using customer pre-order money to directly compete against those very same customers.

Talk about a conflict of interest.
Phoenix1969
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March 20, 2014, 05:55:55 PM
 #31027

You really think they NEED it when they are pumpin Petahashes @ the DataCenter?
I don't.

So why they don't just sell in stock units...?

pre-order = crowfunding.
end of line.
With that said....  I think the no-refund policy is a must after the last two months of FUD in here, Imagine if you were them, and had to deal with 50 refunds every time one of the trio of trolling fudsters decided to type more FUD. I imagine without them, it would be easy to offer the refunds up to shipping as normal. In other words, you can most likely thank the trolls for that policy; because they obviously aren't short on cash, and nowadays Miners change their minds more often than whores change their panties. I definitely understand the no refund policy on Titan, especially because alts & scrypt are not even mainstream, and are pre-dominantly mined by people who think coins with no actual use have a future.

Seriously... look at this:    http://com-http.us/
it's gone to the dogs


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kendog77
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March 20, 2014, 06:02:26 PM
 #31028

You really think they NEED it when they are pumpin Petahashes @ the DataCenter?
I don't.

So why they don't just sell in stock units...?

pre-order = crowfunding.
end of line.
With that said....  I think the no-refund policy is a must after the last two months of FUD in here, Imagine if you were them, and had to deal with 50 refunds every time one of the trio of trolling fudsters decided to type more FUD. I imagine without them, it would be easy to offer the refunds up to shipping as normal. In other words, you can most likely thank the trolls for that policy; because they obviously aren't short on cash, and nowadays Miners change their minds more often than whores change their panties. I definitely understand the no refund policy on Titan, especially because alts & scrypt are not even mainstream, and are pre-dominantly mined by people who think coins with no actual use have a future.

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0
sbfree
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March 20, 2014, 06:03:39 PM
 #31029

You really think they NEED it when they are pumpin Petahashes @ the DataCenter?
I don't.

So why they don't just sell in stock units...?

pre-order = crowfunding.
end of line.
With that said....  I think the no-refund policy is a must after the last two months of FUD in here, Imagine if you were them, and had to deal with 50 refunds every time one of the trio of trolling fudsters decided to type more FUD. I imagine without them, it would be easy to offer the refunds up to shipping as normal. In other words, you can most likely thank the trolls for that policy; because they obviously aren't short on cash, and nowadays Miners change their minds more often than whores change their panties. I definitely understand the no refund policy on Titan, especially because alts & scrypt are not even mainstream, and are pre-dominantly mined by people who think coins with no actual use have a future.
phoenix, lets go the other way and imagine pictures and statements.....even an 'oops' time to start over again or anything is better than..........................................cricket cricket..................................................................chirp cricket chirp...who who (says the owl)............................................................cricket cricket...................................................................chirp cricket...............................................who who...

they say silence is golden, but only at the movies!!
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March 20, 2014, 06:07:51 PM
 #31030

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0

He's in denial.  The Neptune is quickly becoming (if it wasn't already) a terrible purchase.
kendog77
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March 20, 2014, 06:10:57 PM
 #31031

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0

He's in denial.  The Neptune is quickly becoming (if it wasn't already) a terrible purchase.

Agreed, and I don't even think the power usage numbers on the Neptune will be that great, so that won't even save buyers.

November Jupiters used 1.3W/GH, so a Neptune will probably use ~1W/GH, which has already been matched by many competitors.

In my opinion, it's a huge mistake to be overly loyal to any mining hardware manufacturer in this game. That bias will likely cost you a lot of money.
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March 20, 2014, 06:26:36 PM
 #31032

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0

He's in denial.  The Neptune is quickly becoming (if it wasn't already) a terrible purchase.

Agreed, and I don't even think the power usage numbers on the Neptune will be that great, so that won't even save buyers.

November Jupiters used 1.3W/GH, so a Neptune will probably use ~1W/GH, which has already been matched by many competitors.

In my opinion, it's a huge mistake to be overly loyal to any mining hardware manufacturer in this game. That bias will likely cost you a lot of money.
wow, you'd rather a single terrahash for 5600 dollars, or 2th for 12k, not even knowing if they will deliver?
How many have they delivered so far?  
Not my cup of tea
Remember just a few months ago when peeps said the same about Jupiter, and refunded for Hashfast and Cointerra?
Deja-Vu
...and now they are salty.
Same will happen here. Stoked. It's like an instant replay.
Remember when "Jupiters will never make ROI" was the theme?
hahahahaa


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March 20, 2014, 06:43:01 PM
 #31033

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0

He's in denial.  The Neptune is quickly becoming (if it wasn't already) a terrible purchase.

Agreed, and I don't even think the power usage numbers on the Neptune will be that great, so that won't even save buyers.

November Jupiters used 1.3W/GH, so a Neptune will probably use ~1W/GH, which has already been matched by many competitors.

In my opinion, it's a huge mistake to be overly loyal to any mining hardware manufacturer in this game. That bias will likely cost you a lot of money.
wow, you'd rather a single terrahash for 5600 dollars, or 2th for 12k, not even knowing if they will deliver?
How many have they delivered so far?  
Not my cup of tea
Remember just a few months ago when peeps said the same about Jupiter, and refunded for Hashfast and Cointerra?
Deja-Vu
...and now they are salty.
Same will happen here. Stoked. It's like an instant replay.
Remember when "Jupiters will never make ROI" was the theme?
hahahahaa

Actually, those units are $3650 per 1TH unit, and the group buy organizer has delivered in the past and does accept escrow. I was simply pointing out that there are options available now that offer similar price and performance as the Neptune, so the window is closing fast on Neptune profitability.
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March 20, 2014, 06:59:40 PM
 #31034

They need to hurry the fuck up.  We need our Neptunes NOW.  I like the idea of the Titan product but they've screwed it up.  Too expensive, no perks for existing customers, and no refunds, all with their best guess at delivery "Q2/Q3".  Combined with the construction of their bullshit mining farm which is already starting to kick all of our asses, they've turned into a bunch of real shitbags.
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March 20, 2014, 07:01:35 PM
Last edit: March 20, 2014, 07:13:02 PM by Phoenix1969
 #31035

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0

He's in denial.  The Neptune is quickly becoming (if it wasn't already) a terrible purchase.

Agreed, and I don't even think the power usage numbers on the Neptune will be that great, so that won't even save buyers.

November Jupiters used 1.3W/GH, so a Neptune will probably use ~1W/GH, which has already been matched by many competitors.

In my opinion, it's a huge mistake to be overly loyal to any mining hardware manufacturer in this game. That bias will likely cost you a lot of money.
wow, you'd rather a single terrahash for 5600 dollars, or 2th for 12k, not even knowing if they will deliver?
How many have they delivered so far?  
Not my cup of tea
Remember just a few months ago when peeps said the same about Jupiter, and refunded for Hashfast and Cointerra?
Deja-Vu
...and now they are salty.
Same will happen here. Stoked. It's like an instant replay.
Remember when "Jupiters will never make ROI" was the theme?
hahahahaa

Actually, those units are $3650 per 1TH unit, and the group buy organizer has delivered in the past and does accept escrow. I was simply pointing out that there are options available now that offer similar price and performance as the Neptune, so the window is closing fast on Neptune profitability.
Not what by I'm reading on their site bud....

seems a bit further off than was indicated.
but I know what you are saying, sure.
I just don't see the "better deal" anywhere, or even close options besides antminers at a huge loss in power consumption and space

Besides that... it will be a "cold day in hell" before Yifu getz any of my coin. lol  (Avalon chips)
Ye old "ultimate in mining performance" gimme a break... Those lies are getting old
and Yifu has been late every time before... beware.


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March 20, 2014, 07:01:50 PM
 #31036

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0

He's in denial.  The Neptune is quickly becoming (if it wasn't already) a terrible purchase.

Agreed, and I don't even think the power usage numbers on the Neptune will be that great, so that won't even save buyers.

November Jupiters used 1.3W/GH, so a Neptune will probably use ~1W/GH, which has already been matched by many competitors.

In my opinion, it's a huge mistake to be overly loyal to any mining hardware manufacturer in this game. That bias will likely cost you a lot of money.
wow, you'd rather a single terrahash for 5600 dollars, or 2th for 12k, not even knowing if they will deliver?
How many have they delivered so far?  
Not my cup of tea
Remember just a few months ago when peeps said the same about Jupiter, and refunded for Hashfast and Cointerra?
Deja-Vu
...and now they are salty.
Same will happen here. Stoked. It's like an instant replay.
Remember when "Jupiters will never make ROI" was the theme?
hahahahaa

Fingers crossed for another 800% increase in BTC price so our Neptunes can possibly ROI.   Roll Eyes
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March 20, 2014, 07:07:50 PM
 #31037

Not what by I'm reading on their site bud....

seems a bit further off than was indicated.
but I know what you are saying, sure.
I just don't see the "better deal" anywhere, or even close options besides antminers at a huge loss in power consumption and space

Slow down, he doesn't mean the Coincraft machines from bitmine.ch he means the Chinese rigs made with the Coincraft A1 chips that are the same as the ones that bitmine can't seem to make into actual machines yet.


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March 20, 2014, 07:10:06 PM
 #31038

Not what by I'm reading on their site bud....
<img removed>
seems a bit further off than was indicated.
but I know what you are saying, sure.
I just don't see the "better deal" anywhere, or even close options besides antminers at a huge loss in power consumption and space

There are more manufacturers out there, perhaps you should drop this whole 'KnC's the only one for me' attitude and take a gander around the custom hardware forum.

Bitmain (1TH) S2 units shipping within the month @ 1W/GH, $3,500
Avalon Gen3 (1TH) units shipping within the month @ <1W/GH, ~$3,800
Chinese A1 Knockoff (1TH) allegedly shipping from stock  <1W/GH, ~$3,000
Spondooliesetech (1.4TH) shipping from stock @ ~1W/TH, ~$5,000

You're sitting here patting yourself on the back for pre-ordering a chip that doesn't exist holding imaginary power specs as your edge above the competition.
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March 20, 2014, 07:14:53 PM
 #31039

Not what by I'm reading on their site bud....

seems a bit further off than was indicated.
but I know what you are saying, sure.
I just don't see the "better deal" anywhere, or even close options besides antminers at a huge loss in power consumption and space

Slow down, he doesn't mean the Coincraft machines from bitmine.ch he means the Chinese rigs made with the Coincraft A1 chips that are the same as the ones that bitmine can't seem to make into actual machines yet.


allrighty, can you shoot a link so I may examine?
BTW.... They are Avalon Chips still, and their track record speaks oh so loudly.


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March 20, 2014, 07:15:55 PM
 #31040

Not what by I'm reading on their site bud....

seems a bit further off than was indicated.
but I know what you are saying, sure.
I just don't see the "better deal" anywhere, or even close options besides antminers at a huge loss in power consumption and space

Slow down, he doesn't mean the Coincraft machines from bitmine.ch he means the Chinese rigs made with the Coincraft A1 chips that are the same as the ones that bitmine can't seem to make into actual machines yet.


allrighty, can you shoot a link so I may examine?
BTW.... They are Avalon Chips still, and their track record speaks loudly.

No, they're alleged knockoff A1 chips.  You really are out of touch with what's going on outside of this thread, aren't you.
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