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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3011445 times)
RenHoek
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March 27, 2014, 04:39:33 PM
 #31381



I postet this in their forum

they deleted it, instead of answering to it:






Quote

KnCMiner Network Protection Statement



 At KnCMiner we are aware of the service we are providing to our customers. We are also aware that we need our customers to have a return on their devices in order to purchase form us again. With the scale of the supply chains, agreements and factories we have access to, we need to be cautious we don’t ship too many devices and therefore reduce the return to our customers.  So with that in mind our plan is to do as follows:
  
 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.

 Thanks
 KnCMiner Team



The Fact is:
As of April 1, KNC will be delay in delivery of Neptunes



Have you posted in the BFL forums as well? Just wondering how your Monarch orders are coming?


the different is, bfl is comunicating about their delay and doubles hash power for early buyers:

Still expecting the chips to be in our shop sometime during the week of the 14th(April). They will be out of the fab in the next few days then off to packaging then to our testing facility then to be mounted on PCBs then to our facility in KC. Since everything has already been tested and works, it should be a fairly simple, quick and straight forward process once they come out of the fab.


Dream on.


Refunds & Delay Compensation

 Because of the delay, we're offering several different forms of compensation that vary based on order pricing and order date:

$4680 600GH Monarchs

Free performance upgrades
 All customers who ordered 600GH Monarchs prior to the price decrease on November 28, 2013 will be upgraded to the Imperial Monarch product, which is a new, high performance version of the card. The Imperial Monarch will operate at 1 TH/s (+ / - 20%).

 Six Month Refund or Double Shipment Guarantee
 If you’ve been waiting in queue for six months or more, you qualify for either a full refund in USD, OR double the hardware you ordered. This latter option will come in the form of (a) first shipping you the new Imperial Monarch, giving you an expected 160-175% of your ordered hashrate, and then (b) an additional Standard 600 GH Monarch at the end of the queue, giving you another 100% hashrate boost, totaling an expected 250+% of your ordered hashrate once all products have shipped. (Note: Electing the refund cancels the Imperial Monarch upgrade offer in the first section above.)

50% off Voucher
 If your paid order is less than 6 months old but you paid $4680 for your Monarch, you will instead receive an Imperial Monarch as described above, as well as a 50% off discount on an additional Standard Monarch at the end of the queue.

Full Price 300GH Monarchs
 For 300GH Monarch orders, similar but slightly different offers will be extended. Customers will be contacted with specifics via email soon.

Mining By the GigaHash
 If your Mining By the GH paid order is more than 6 months old, you will receive 2x the hashrate purchased.

Reduced Price Orders
 Individual orders that are less than 6 months old and that paid for the reduced price 600GH or 300GH Monarch will likely not be delayed past the expected delivery date.

. Details specific to each of the above order categories will be communicated to eligible customers via email in the next few days. We hope everyone will remain in the order queue and take delivery of these extremely power-efficient, super-fast miners. But, cognizant of the feedback of our earlier 65nm customers, for those qualified buyers who desire a refund we will gladly issue you one.

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March 27, 2014, 04:43:56 PM
 #31382


the different is, bfl is comunicating about their delay and doubles hash power for early buyers:

Still expecting the chips to be in our shop sometime during the week of the 14th(April). They will be out of the fab in the next few days then off to packaging then to our testing facility then to be mounted on PCBs then to our facility in KC. Since everything has already been tested and works, it should be a fairly simple, quick and straight forward process once they come out of the fab.



So communicating lies after lies and overpromising (one year late) and underdelivering (3x power at half performance specs) is better than provide very little communication being a little late (2 weeks) and overdelivering (extra hashing)?  What alternate reality do you live in?  Better yet, what drug are you taking.  I want some of that!

Based on the last gen's performance, I say I will be shocked if BFL ship in quantity next month.  Even if the Monarch is ready, they will mine the crap out of them before delivering to their customer.  At least KnC had the decency to ship all pre-orders to their customers first and waited 5 months until most of the customers ROI before mining the crap out of the network.
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March 27, 2014, 04:46:02 PM
 #31383

Refunds & Delay Compensation

 Because of the delay, we're offering several different forms of compensation that vary based on order pricing and order date:

$4680 600GH Monarchs

Free performance upgrades
 All customers who ordered 600GH Monarchs prior to the price decrease on November 28, 2013 will be upgraded to the Imperial Monarch product, which is a new, high performance version of the card. The Imperial Monarch will operate at 1 TH/s (+ / - 20%).

 Six Month Refund or Double Shipment Guarantee
 If you’ve been waiting in queue for six months or more, you qualify for either a full refund in USD, OR double the hardware you ordered. This latter option will come in the form of (a) first shipping you the new Imperial Monarch, giving you an expected 160-175% of your ordered hashrate, and then (b) an additional Standard 600 GH Monarch at the end of the queue, giving you another 100% hashrate boost, totaling an expected 250+% of your ordered hashrate once all products have shipped. (Note: Electing the refund cancels the Imperial Monarch upgrade offer in the first section above.)

50% off Voucher
 If your paid order is less than 6 months old but you paid $4680 for your Monarch, you will instead receive an Imperial Monarch as described above, as well as a 50% off discount on an additional Standard Monarch at the end of the queue.

Full Price 300GH Monarchs
 For 300GH Monarch orders, similar but slightly different offers will be extended. Customers will be contacted with specifics via email soon.

Mining By the GigaHash
 If your Mining By the GH paid order is more than 6 months old, you will receive 2x the hashrate purchased.

Reduced Price Orders
 Individual orders that are less than 6 months old and that paid for the reduced price 600GH or 300GH Monarch will likely not be delayed past the expected delivery date.

. Details specific to each of the above order categories will be communicated to eligible customers via email in the next few days. We hope everyone will remain in the order queue and take delivery of these extremely power-efficient, super-fast miners. But, cognizant of the feedback of our earlier 65nm customers, for those qualified buyers who desire a refund we will gladly issue you one.


How stupid does one have to be to continually believe someone who's a known liar.   Now, I'm not saying that BFL is or isn't going to follow through on those statements, but they've burned the benefit of the doubt a long time ago.  It absolutely astounds me when people reference BFL statements as truth when they're (BFL) known to lie.
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March 27, 2014, 04:48:32 PM
 #31384

Refunds & Delay Compensation

 Because of the delay, we're offering several different forms of compensation that vary based on order pricing and order date:

$4680 600GH Monarchs

Free performance upgrades
 All customers who ordered 600GH Monarchs prior to the price decrease on November 28, 2013 will be upgraded to the Imperial Monarch product, which is a new, high performance version of the card. The Imperial Monarch will operate at 1 TH/s (+ / - 20%).

 Six Month Refund or Double Shipment Guarantee
 If you’ve been waiting in queue for six months or more, you qualify for either a full refund in USD, OR double the hardware you ordered. This latter option will come in the form of (a) first shipping you the new Imperial Monarch, giving you an expected 160-175% of your ordered hashrate, and then (b) an additional Standard 600 GH Monarch at the end of the queue, giving you another 100% hashrate boost, totaling an expected 250+% of your ordered hashrate once all products have shipped. (Note: Electing the refund cancels the Imperial Monarch upgrade offer in the first section above.)

50% off Voucher
 If your paid order is less than 6 months old but you paid $4680 for your Monarch, you will instead receive an Imperial Monarch as described above, as well as a 50% off discount on an additional Standard Monarch at the end of the queue.

Full Price 300GH Monarchs
 For 300GH Monarch orders, similar but slightly different offers will be extended. Customers will be contacted with specifics via email soon.

Mining By the GigaHash
 If your Mining By the GH paid order is more than 6 months old, you will receive 2x the hashrate purchased.

Reduced Price Orders
 Individual orders that are less than 6 months old and that paid for the reduced price 600GH or 300GH Monarch will likely not be delayed past the expected delivery date.

. Details specific to each of the above order categories will be communicated to eligible customers via email in the next few days. We hope everyone will remain in the order queue and take delivery of these extremely power-efficient, super-fast miners. But, cognizant of the feedback of our earlier 65nm customers, for those qualified buyers who desire a refund we will gladly issue you one.


How stupid does one have to be to continually believe someone who's a known liar.   Now, I'm not saying that BFL is or isn't going to follow through on those statements, but they've burned the benefit of the doubt a long time ago.  It absolutely astounds me when people reference BFL statements as truth when they're (BFL) known to lie.

as i sayd:
the different is, bfl is comunicating about their delay and doubles hash power for early buyers


the only thing knc comunicate: give us all your mony for our next vapoware!




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March 27, 2014, 04:49:04 PM
 #31385

All that compensation would be nice if bfl had a chance of delivering their hardware on time and up to advertised specs.

KNC motto: under promise, over deliver
BFL motto: over promise, under deliver

I guess it is possible that for the first time ever BFL actually delivers but I doubt it.
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March 27, 2014, 04:49:55 PM
 #31386

So now they provide an update on Titan, but crickets regarding Neptune:

https://www.kncminer.com/news/news-80

Yeah, lend them $10k now and then get delivery in December. Maybe.

J


I will bet you 100 Bitcoins, KnC will ship Titan before December 2014.  Would like to retract your ridiculous statement now?
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March 27, 2014, 04:57:10 PM
 #31387

Those Neptunes wont be released till day 1 of Q3. Remember the Jupiter "September" delivery. They were delivered mid Oct even though as of Sept 20th they still claimed to be making the September shipping. The same thing will happen with the Neptunes.

Why would they sell them a day sooner than they have to instead of using them to mine?

Speculation on delivery belongs on the mining speculation sub board.  While my opinion is the CA batch will have ROI before Q3.  They're not even remotely late at all by any standards until then end of April.  While they fabbed out in February so KNC starting to ship 20nm before the end of April is still a very real possibility indeed.

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March 27, 2014, 04:58:37 PM
 #31388

So now they provide an update on Titan, but crickets regarding Neptune:

https://www.kncminer.com/news/news-80

Yeah, lend them $10k now and then get delivery in December. Maybe.

J


I will bet you 100 Bitcoins, KnC will ship Titan before December 2014.  Would like to retract your ridiculous statement now?

You mean actually put something in a box and send to a customer, right? Them just giving you hashing power in their DC won't count.
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March 27, 2014, 05:08:38 PM
 #31389

Jupiter/Neptune for costumers:



Plan B:


Sam is just to busy to make refunds....

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March 27, 2014, 06:24:21 PM
 #31390

So now they provide an update on Titan, but crickets regarding Neptune:

https://www.kncminer.com/news/news-80

Yeah, lend them $10k now and then get delivery in December. Maybe.

J


I will bet you 100 Bitcoins, KnC will ship Titan before December 2014.  Would like to retract your ridiculous statement now?

Retract the statement but DO NOT take that bet!~

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March 27, 2014, 06:36:40 PM
 #31391

KnCMiner Network Protection Statement
 At KnCMiner we are aware of the service we are providing to our customers. We are also aware that we need our customers to have a return on their devices in order to purchase form us again. With the scale of the supply chains, agreements and factories we have access to, we need to be cautious we don’t ship too many devices and therefore reduce the return to our customers.  So with that in mind our plan is to do as follows:
  
 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.
The Fact is:
As of April 1, KNC will be delay in delivery of Neptunes


Doesn't that statement predate the announcement of Neptunes?
It certainly doesn't form any part of the contract you agreed with KNC.

KnC itself, has also been associated with the statement after the announcement of the Neptunes.
and it thus verified to be valid
:

To repeat: It certainly doesn't form any part of the contract you agreed with KNC.


maybe i am silly and aq Kind naive but:

i only decidet to order neptunes in sight of this Statement above.


i only didn't spend BTC to other preorders, in sight of this:

"If we do have more items to place in the shop for our 28nm range, we will announce this via one of our newsletters which will contain the time and date that they will go on sale. So keep some coins handy as we expect them to go quick."

so i trusted them. too bad!

they screwed me, and i past the possiblity to order other Hardware wich was delivered allready.

they has to compensate me for thair faults!

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March 27, 2014, 06:42:45 PM
 #31392

KnCMiner Network Protection Statement
 At KnCMiner we are aware of the service we are providing to our customers. We are also aware that we need our customers to have a return on their devices in order to purchase form us again. With the scale of the supply chains, agreements and factories we have access to, we need to be cautious we don’t ship too many devices and therefore reduce the return to our customers.  So with that in mind our plan is to do as follows:
  
 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.
The Fact is:
As of April 1, KNC will be delay in delivery of Neptunes


Doesn't that statement predate the announcement of Neptunes?
It certainly doesn't form any part of the contract you agreed with KNC.

KnC itself, has also been associated with the statement after the announcement of the Neptunes.
and it thus verified to be valid
:

To repeat: It certainly doesn't form any part of the contract you agreed with KNC.


maybe i am silly and aq Kind naive but:

i only decidet to order neptunes in sight of this Statement above.


i only didn't spend BTC to other preorders, in sight of this:

"If we do have more items to place in the shop for our 28nm range, we will announce this via one of our newsletters which will contain the time and date that they will go on sale. So keep some coins handy as we expect them to go quick."

so i trusted them. too bad!

they screwed me, and i past the possiblity to order other Hardware wich was delivered allready.

they has to compensate this!


I'm worried about BicoinOrama... His personal twitter account has no tweets from a long time. Here he's a gosth. Has BitcoinOrama been eaten from MEGASYPSUPERSEXYEXTRAPOWERTOP Knc mining farm ? Tongue Tongue
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March 27, 2014, 06:47:35 PM
 #31393

KnCMiner Network Protection Statement
 At KnCMiner we are aware of the service we are providing to our customers. We are also aware that we need our customers to have a return on their devices in order to purchase form us again. With the scale of the supply chains, agreements and factories we have access to, we need to be cautious we don’t ship too many devices and therefore reduce the return to our customers.  So with that in mind our plan is to do as follows:
  
 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.
The Fact is:
As of April 1, KNC will be delay in delivery of Neptunes


Doesn't that statement predate the announcement of Neptunes?
It certainly doesn't form any part of the contract you agreed with KNC.

KnC itself, has also been associated with the statement after the announcement of the Neptunes.
and it thus verified to be valid
:

To repeat: It certainly doesn't form any part of the contract you agreed with KNC.


maybe i am silly and aq Kind naive but:

i only decidet to order neptunes in sight of this Statement above.

That is not only naive but most likely not true.

I find it hard to believe that you would believe a statement made in JULY would mean a guaranteed shipping date of unannounced next gen hardware.

You didn't question the fact that when the neptune was announced and preorders opened there was no mention of march shipping date?
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March 27, 2014, 06:54:27 PM
 #31394

KnCMiner Network Protection Statement
 At KnCMiner we are aware of the service we are providing to our customers. We are also aware that we need our customers to have a return on their devices in order to purchase form us again. With the scale of the supply chains, agreements and factories we have access to, we need to be cautious we don’t ship too many devices and therefore reduce the return to our customers.  So with that in mind our plan is to do as follows:
  
 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.
The Fact is:
As of April 1, KNC will be delay in delivery of Neptunes


Doesn't that statement predate the announcement of Neptunes?
It certainly doesn't form any part of the contract you agreed with KNC.

KnC itself, has also been associated with the statement after the announcement of the Neptunes.
and it thus verified to be valid
:

To repeat: It certainly doesn't form any part of the contract you agreed with KNC.


maybe i am silly and aq Kind naive but:

i only decidet to order neptunes in sight of this Statement above.

That is not only naive but most likely not true.

I find it hard to believe that you would believe a statement made in JULY would mean a guaranteed shipping date of unannounced next gen hardware.

You didn't question the fact that when the neptune was announced and preorders opened there was no mention of march shipping date?

they have never taken back this Statement! they broken thair promises!

maybe we civilisated european ppl are different to us ppl. for us, a contract or Statement is valid till it officially taken back! this is a unwritten law!

sweden is european. why u think they deleted this post in thair Forum, instead of reacting with a answer?

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March 27, 2014, 07:02:15 PM
 #31395

they have never taken back this Statement!

maybe we european ppl are different to us ppl. for us, a contract or Statement is valid till it officially taken back! this is a unwritten law!

Here in the real world unwritten laws are imaginary.

They actually did take back the statement when they replaced it with the statement " Shipment begins in Q1/Q2 of 2014"

So they will not be late until July 1st
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March 27, 2014, 07:10:38 PM
 #31396

they have never taken back this Statement!

maybe we european ppl are different to us ppl. for us, a contract or Statement is valid till it officially taken back! this is a unwritten law!

Here in the real world unwritten laws are imaginary.

They actually did take back the statement when they replaced it with the statement " Shipment begins in Q1/Q2 of 2014"
So they will not be late until July 1st

in fact, exactly this do not mean that "beginning of shippment is on march" is taken back! both are possible together, the old one is not broken!


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March 27, 2014, 07:11:35 PM
 #31397

maybe i am silly and aq Kind naive but:

i only decidet to order neptunes in sight of this Statement above.
Even though the actual Neptune announcement clearly said Q1/Q2?

Quote
i only didn't spend BTC to other preorders, in sight of this:

"If we do have more items to place in the shop for our 28nm range, we will announce this via one of our newsletters which will contain the time and date that they will go on sale. So keep some coins handy as we expect them to go quick."

so i trusted them. too bad!

they screwed me, and i past the possiblity to order other Hardware wich was delivered allready.

they has to compensate me for thair faults!

Not a chance in hell, I'm afraid.
You can get a refund if you want, but they bear no financial responsibility for your actions.

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March 27, 2014, 07:15:01 PM
 #31398

they have never taken back this Statement!

maybe we european ppl are different to us ppl. for us, a contract or Statement is valid till it officially taken back! this is a unwritten law!

Here in the real world unwritten laws are imaginary.

They actually did take back the statement when they replaced it with the statement " Shipment begins in Q1/Q2 of 2014"
So they will not be late until July 1st

in fact, exactly this do not mean that "beginning of shippment is on march" is taken back! both are possible together, the old one is not broken!

March in in Q1.
Saying shipping in Q1/Q2 says (to anybody other than you, apparently) that they are not promising to ship in March.
I don't think anyone could sensibly read 'Shipment begins in Q1/Q2 of 2014' as actually meaning 'Shipment begins in March 2014'

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March 27, 2014, 07:18:59 PM
 #31399

they have never taken back this Statement!

maybe we european ppl are different to us ppl. for us, a contract or Statement is valid till it officially taken back! this is a unwritten law!

Here in the real world unwritten laws are imaginary.

They actually did take back the statement when they replaced it with the statement " Shipment begins in Q1/Q2 of 2014"
So they will not be late until July 1st

in fact, exactly this do not mean that "beginning of shippment is on march" is taken back! both are possible together, the old one is not broken!

March in in Q1.
Saying shipping in Q1/Q2 says (to anybody other than you, apparently) that they are not promising to ship in March.

I don't think anyone could sensibly read 'Shipment begins in Q1/Q2 of 2014' as actually meaning 'Shipment begins in March 2014'

exactly shipping IN q1/q2 is meanig:  shipping beginns between januar1. and march 30., and ends between april1. and juny31.!

or 1. Batch in q1 and following in q2

or between q1 and q2, what exactly is march 30. at 12 pm.

nothing else!

only shipping  in 1. half of 2014  means beginnig and end  till Juni. 31

only q2 means exactly q2

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March 27, 2014, 07:25:29 PM
 #31400

in fact, exactly this do not mean that "beginning of shippment is on march" is taken back! both are possible together, the old one is not broken!
March in in Q1.
Saying shipping in Q1/Q2 says (to anybody other than you, apparently) that they are not promising to ship in March.
I don't think anyone could sensibly read 'Shipment begins in Q1/Q2 of 2014' as actually meaning 'Shipment begins in March 2014'
exactly shipping IN q1/q2 is meanig:  shipping beginns between januar1. and march 30., and ends between april1. and juny31.!

or bettween q1 and q2 what exactly is march 30. at 12 pm.

No, it doesn't.
You can say it as much as you like, but no native English speaker would agree with you.
Shipping in Q1/Q2 means shipping in Q1 or Q2, that is anywhere from January 1st to June 30th.
That is simply what it means

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