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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3045502 times)
Phoenix1969
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March 20, 2014, 09:12:20 PM
Last edit: March 20, 2014, 10:38:11 PM by Phoenix1969
 #31061

are they late?

like women's issues 'late' or just your normal average bitcoin mining rig 'late'?
it's difficult to ascertain which is which, these days.

Late and overpriced with terrible customer service. Between them, Hashfast and Blackarrow they make KNC look like baby Jesus.
I'll bank on that.  Thank you. I thought I'd missed something.

What you missed was everyone else in the arena, oh except for that scam that you may or may not have been directly involved in.  You found that one pretty quick, didn't you?
Yeah, from someone who posted it right in here; literally.   You some kinda bitmine shill or what?

No, you some kind of KnC shill or what?  You'd have to be an idiot to order from Bitmine at this point.
Yes, I AM a KNC shill...  just ask anyone here...  you know that!...  just ask any troll in here, hehe.

aaaah, okay, It looked like you were liking the bitmine offer, and I couldn't see why    my bad. Thanks for the clarification  Grin

*The even mention of Avalon on their site made me cringe*

This chart, however, did indeed put a bit of a smile on my face.

Lookin' pretty optimistic from this view
and I have yet to see a mining calculator that accounts for it.... anyone?
anyways, looks like the taper is indeed happening, even with the massive amounts just dumped... (I think I remember KNC predicting this as well)
combine that with a timely surprise from KNC, and those Neptune refunds would be sorely missed... ug.
we should start a guessing game... first delivery date and first delivered hash pecs on Neptune...
I'm  guessing 4.5, and April 15th.  I know, lofty... but I'm a "Shill", remember?  Wink


Anyone remember this?



Yeah, that's right, we bought them thinking 250gh/s.
Out the gate at 500, and now what are Jupiters pushing? some over 700?
and how did the herald "Cointerra" do again?, Hashfast? and many others....
That's why I don't mind being called a KNC "Shill", at all.
I look for similar results this go-around.
Granted....  Communication in keeping us up to date on what's happening leaves me feeling like an abandoned child, but the products performance more than made up for it in the end, which has yet to come, because Jupiters are still pumpin' hard out there, and will be for quite some time.
I'm betting Neptune will have similar results. Plain as that.


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bobsmoke
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March 20, 2014, 10:36:07 PM
 #31062

This is serious competition to the KNC folks ...
https://bitcointalk.org/index.php?topic=521520.0
http://www.spondoolies-tech.com/pages/company
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March 20, 2014, 10:55:11 PM
 #31063

A company in Isreal who has yet to deliver anything? ooh and no company info... scary to me brah, Im a bit gunshy and all now after recent events, and that one looks truly scary. I'll stick with what KNC has to offer, thanks tho.
seems alot like investing in Rocket science to me.... Don't even want to look at noobs.


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elasticband
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March 20, 2014, 10:56:47 PM
 #31064


most of their website don't work?

has anyone bought and recieved their first batch?

I saw in their sales thread the april batch was sold out
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March 20, 2014, 11:02:12 PM
 #31065


most of their website don't work?

has anyone bought and recieved their first batch?

I saw in their sales thread the april batch was sold out

If you go trough the thread .. some members from the community already received their DHL tracking numbers .. .. really hope KNC delivers Neptune 1st Batch in April ...
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March 20, 2014, 11:14:04 PM
 #31066


most of their website don't work?

has anyone bought and recieved their first batch?

I saw in their sales thread the april batch was sold out

If you go trough the thread .. some members from the community already received their DHL tracking numbers .. .. really hope KNC delivers Neptune 1st Batch in April ...
One time I ordered a nice sony 80" TV from China off Alibaba, and they sent me a tracking #.
I "Tracked" that baby for six weeks, and when my nice new pair of panty-hose arrived...... AAaahh!
I Hope they get a real machine....
Then maybe KNC WILL deliver in April...hehe


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nikolaz
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March 20, 2014, 11:26:37 PM
 #31067

I am actually so glad I did not make it an order with KnC... I was pretty darn close as well then I discovered Bitmain :-)
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March 20, 2014, 11:28:03 PM
 #31068


yes I am with you, there is money to be made many places, just the arbitrage between the same coin on one exchange to the next can net you 10% a day.

Early on I bought a lot (ahem) of Dogecoin for 0.0000008 per and it did not take long for them to be worth much much more!


I miss the doge train due to naivety and lack of proper attitude. I hope to learn from that missing profit :/  

Quote

re: security, paper wallets are the only way to go.

When I get X coins (different for each coin) they go to a paper wallet.
Period.

amen.

the DOGE train may still be rolling

I'll give it a try then Tongue


Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
arousedrhino
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March 21, 2014, 12:28:54 AM
 #31069

are they late?

like women's issues 'late' or just your normal average bitcoin mining rig 'late'?
it's difficult to ascertain which is which, these days.

Late and overpriced with terrible customer service. Between them, Hashfast and Blackarrow they make KNC look like baby Jesus.
I'll bank on that.  Thank you. I thought I'd missed something.

What you missed was everyone else in the arena, oh except for that scam that you may or may not have been directly involved in.  You found that one pretty quick, didn't you?
Yeah, from someone who posted it right in here; literally.   You some kinda bitmine shill or what?

No, you some kind of KnC shill or what?  You'd have to be an idiot to order from Bitmine at this point.
Yes, I AM a KNC shill...  just ask anyone here...  you know that!...  just ask any troll in here, hehe.

aaaah, okay, It looked like you were liking the bitmine offer, and I couldn't see why    my bad. Thanks for the clarification  Grin

*The even mention of Avalon on their site made me cringe*

This chart, however, did indeed put a bit of a smile on my face.

Lookin' pretty optimistic from this view
and I have yet to see a mining calculator that accounts for it.... anyone?
anyways, looks like the taper is indeed happening, even with the massive amounts just dumped... (I think I remember KNC predicting this as well)
combine that with a timely surprise from KNC, and those Neptune refunds would be sorely missed... ug.
we should start a guessing game... first delivery date and first delivered hash pecs on Neptune...
I'm  guessing 4.5, and April 15th.  I know, lofty... but I'm a "Shill", remember?  Wink


Anyone remember this?



Yeah, that's right, we bought them thinking 250gh/s.
Out the gate at 500, and now what are Jupiters pushing? some over 700?
and how did the herald "Cointerra" do again?, Hashfast? and many others....
That's why I don't mind being called a KNC "Shill", at all.
I look for similar results this go-around.
Granted....  Communication in keeping us up to date on what's happening leaves me feeling like an abandoned child, but the products performance more than made up for it in the end, which has yet to come, because Jupiters are still pumpin' hard out there, and will be for quite some time.
I'm betting Neptune will have similar results. Plain as that.


You bought it when advertised as 400GH/s they did not take preorders until June.
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March 21, 2014, 12:37:40 AM
 #31070

are they late?

like women's issues 'late' or just your normal average bitcoin mining rig 'late'?
it's difficult to ascertain which is which, these days.

Late and overpriced with terrible customer service. Between them, Hashfast and Blackarrow they make KNC look like baby Jesus.
I'll bank on that.  Thank you. I thought I'd missed something.

What you missed was everyone else in the arena, oh except for that scam that you may or may not have been directly involved in.  You found that one pretty quick, didn't you?
Yeah, from someone who posted it right in here; literally.   You some kinda bitmine shill or what?

No, you some kind of KnC shill or what?  You'd have to be an idiot to order from Bitmine at this point.
Yes, I AM a KNC shill...  just ask anyone here...  you know that!...  just ask any troll in here, hehe.

aaaah, okay, It looked like you were liking the bitmine offer, and I couldn't see why    my bad. Thanks for the clarification  Grin

*The even mention of Avalon on their site made me cringe*

This chart, however, did indeed put a bit of a smile on my face.

Lookin' pretty optimistic from this view
and I have yet to see a mining calculator that accounts for it.... anyone?
anyways, looks like the taper is indeed happening, even with the massive amounts just dumped... (I think I remember KNC predicting this as well)
combine that with a timely surprise from KNC, and those Neptune refunds would be sorely missed... ug.
we should start a guessing game... first delivery date and first delivered hash pecs on Neptune...
I'm  guessing 4.5, and April 15th.  I know, lofty... but I'm a "Shill", remember?  Wink


Anyone remember this?



Yeah, that's right, we bought them thinking 250gh/s.
Out the gate at 500, and now what are Jupiters pushing? some over 700?
and how did the herald "Cointerra" do again?, Hashfast? and many others....
That's why I don't mind being called a KNC "Shill", at all.
I look for similar results this go-around.
Granted....  Communication in keeping us up to date on what's happening leaves me feeling like an abandoned child, but the products performance more than made up for it in the end, which has yet to come, because Jupiters are still pumpin' hard out there, and will be for quite some time.
I'm betting Neptune will have similar results. Plain as that.




I tend to agree. I did buy a Jupiter and was happy with the purchase. Granted it was two weeks late. But compared to the rest, it was light and day. Yes facing serious competition. I'm counting on them to overdeliver or be compensated. If not I'll ask for a refund or sell it.. For those people who are happy with their purchase. Ask for a refund..
Regards

ChainLink. The one coin that is a must own..
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March 21, 2014, 01:16:55 AM
 #31071

But how does this effect performance?
With ASICS we are still in the age of performance over power savings.
This is with zero impact to performance. Hashing at 760-770GHz, clocks all at 1000MHz, errors at same level as before tune, just less heat and less power.
Actually for me it's "improved" my hashing performance as I had one PSU kicking off on hot days and now the PSU also runs cooler.

+1 here.

I followed your idea and got my November Jupiter down to 825W from 960W whilst still hashing at 760GH/s.
So that's a power reduction from 1.263 W/GH/s to 1.086 W/GH/s. And temps are down a few degrees C as well.
Well worth the time taken (for me, about 30 minutes doing then 30 minutes monitoring for those last few HW errors to stabalise).

If you think I deserve it - BTC always welcome - 14GkxT2xcpgvGVBgMjtGeFiXrxnttBSRRF
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March 21, 2014, 02:34:00 AM
 #31072


+1 here.

I followed your idea and got my November Jupiter down to 825W from 960W whilst still hashing at 760GH/s.
So that's a power reduction from 1.263 W/GH/s to 1.086 W/GH/s. And temps are down a few degrees C as well.
Well worth the time taken (for me, about 30 minutes doing then 30 minutes monitoring for those last few HW errors to stabalise).


That's great, you saw an even bigger power savings! Thanks for posting your results, it should encourage a few more to green up a bit as our returns keep diminishing. Smiley

The post is already several pages back so here's a direct link back:

https://bitcointalk.org/index.php?topic=170332.msg5796615#msg5796615

For tips only - 12QT6zPJM5kQ5piZfn7tyFfcJrbgvSnMLn
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March 21, 2014, 02:37:23 AM
 #31073



*In Q2/Q3/Q4. All cinema tickets must be pre-ordered 6 months in advance

Classic!

Here's my theory on these guys - they used neptune pre-order money to pay for DC. Cat got out of the bag that they weren't close to getting said tunes out the door. Refund madness occurred. They needed more cash to pay for DC, so neptunes went on sale again. Nobody bought them because we're just not that stupid and learned how to do math. Bummer, what to do? The offer scrypt miners for 10G and no refunds. That way they've got the money and don't have to give it back when new people learn how to do math. Bonus smartness comes in when they will convert neptune orders that had the possibility of a refund over to the new "terms and conditions" of no refund scrypt miner. The last bit stinks of Hashfast.

Seriously, who is running the business over there? Do these companies all get together in some bar or strip club and compares notes?

That's exactly also my theory.
Add to this that with no refund possible and their right to delay shipping as much as they want, they may end up never sending you anything at all, and still owing you nothing. Look at their Terms. You send them 10k but they have no obligation to deliver you anything for that. You have to just hope that they will.
Yes, they've likely spent part of the Neptun pre-order money for things that has nothing to do with the Neptun (their mining farm), they've got in trouble with the refunds and so they came out with this new project, which is so well defined that they even can't tell which will be Titan's power consumption.

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March 21, 2014, 03:14:37 AM
 #31074

In response to KnC's announcement on the LTC miner, alpha-t.net released their own statement, upping each one of their machines from 25MH to 90MH (9k/piece)

There's also other information in the statement.

https://alpha-t.net/news/big-announcement/

It's too bad KnC doesn't make similar updates on the Neptunes.

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March 21, 2014, 03:53:42 AM
 #31075

In response to KnC's announcement on the LTC miner, alpha-t.net released their own statement, upping each one of their machines from 25MH to 90MH (9k/piece)

There's also other information in the statement.

https://alpha-t.net/news/big-announcement/

It's too bad KnC doesn't make similar updates on the Neptunes.

It's too bad KnC don't make updates at all unless they want to wrangle non-refundable, already shitty - subject to change, interest free loans out of us for 'soon' to be made redundant by KnC themselves, futureware

what is this, deja-vu?




yup they are a far cry away from the science fair geeks that we knew, loved and trusted


~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
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March 21, 2014, 05:34:51 AM
Last edit: March 21, 2014, 05:52:21 AM by Wesly
 #31076

In response to KnC's announcement on the LTC miner, alpha-t.net released their own statement, upping each one of their machines from 25MH to 90MH (9k/piece)

There's also other information in the statement.

https://alpha-t.net/news/big-announcement/

It's too bad KnC doesn't make similar updates on the Neptunes.

But can they deliver?  A brand new company, look at their team bio https://alpha-t.net/about-us/team-2/  They are seriously lacking any engineering background and read the descriptions of their actual functions = liaison.  Just look at the founder, "extensive mining experience.... through mining Bitcoins...  excitement for its concept, growth, future"?  That's the best bio they can come up with?  Seriously?  At least they are honest about their utter lack of experience/expertise.  So if they are late and can't deliver on their promise then you really have no one to blame but yourself.

All I can say is they only took partial deposits for their scrypt miners, so what were they supposed to do when a large, proven, well-capital competitor announced a LTC miners that is at least 4x more powerful at the same price (ok $1000 more)?  They really don't have a choice but to say they will match KNC's performance figure.  Otherwise they might as well close up shop since they have yet to tape-out and people can request for a 75% refund of their 30% deposit within 3 months = only losing £409 or file a claim with PayPal (if used) and try to get the entire deposit back.  Either way Alpha-T made the rookie mistake of not taking 100% Bitcoin deposit without refund, but again I supposed they are honest or they don't think anybody is willing to give full payment to a new/unproven company with serious lack of expertise.  Regardless, you really can't blame anyone if you give them your money/bitcoin and receive an under-performing/late scrypt miner.  Not saying KnC Titan will be better, arrive earlier, but if I have to bet, it will be on KnC and not Alpha.

_________________________________________________________________

Mohammed Mubasher Akram (Managing Director and Operations Manager)

Mohammed-Mubasher-AkramMubasher is the founder of Alpha Technology and is a graduate in Electrical and Electronic Engineering. With his vision, innovative thinking, enthusiasm, and hard work he has led us to this stage and made our project a success.

He has extensive mining experience as his first foray into cryptocurrencies was through mining Bitcoins which then took him to exploring the industry of cryptocurrencies, his excitement for its concept, growth and future inevitably led him to want to directly contribute to the business of cryptocurrencies.

He originally contacted Dexcel Designs with his plans of creating the first Scrypt hashing device. Dexcel Designs who are one of the leading chip design companies in the world were impressed with his professional approach and detailed plan, and decided to take this project on thus a partnership deal was signed with Alpha Technology.

Mubasher is responsible for liaising with Dexcel Designs on a daily basis and providing his technical and cryptocurrency expertise when needed. In addition he oversees the day to day operations of Alpha Technology, making sure everything runs on schedule.
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March 21, 2014, 05:49:27 AM
 #31077

Has anyone done Titan mining calcs they can share?


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AussieHash
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March 21, 2014, 05:54:30 AM
 #31078

Has anyone done Titan mining calcs they can share?
https://bitcointalk.org/index.php?topic=170332.msg5780721#msg5780721
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March 21, 2014, 06:00:29 AM
Last edit: March 21, 2014, 07:50:44 AM by Wesly
 #31079

Has anyone done Titan mining calcs they can share?

At 100 Mh/s, it is almost impossible to ROI if you are only looking at Litecoin, better off buying LTC.  Things do get more interesting if KnC over-deliver (150 Mh?) and if they can deliver middle of Q2/Q3, tape out in early May and ship by end of July?  If they would allow refund then it might be a good hedge against LTC price drop since unlike buying LTC, you are not locked into the loss if you can get a refund before shipment and you still gain if LTC value goes up.  However since there is no refund, the other advantage as someone has already pointed out is there could be some newer and more profitable scrypt-based alt coin (like dogecoin) in the future that can become more popular and make the Titan profitable for longer.  Unlike Neptune since bitcoin is so dominating, there probably won't be a new SHA-256 coins that will become popular and gain much value, so you are stuck mining bitcoin that will continue its decline in profitability.
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March 21, 2014, 06:19:05 AM
 #31080

The fibonacci profect announced they too will match knc.. as per #24 on this page.

https://litecointalk.org/index.php?topic=2702.0

 
 
Everyone is just tossing mega hashes around like they are nothing..

( "10000000mhs sure no problem , you can pick it up in the morning, that will be $1 million, will that be btc or plastic?.. by the way no refunds ! muhahaha")
 
 



 
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