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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3045500 times)
Templer
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April 02, 2014, 08:08:09 AM
 #31721

Now that everyone bailed pretty much; KNC will announce 6Th/s Neptunes shipping next week, while keeping most of them, and adding to the farm.... Wink

That would be awsome  Grin Grin
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April 02, 2014, 08:12:11 AM
 #31722

maybe  nepture have power almost 9 to 10 th
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April 02, 2014, 08:43:24 AM
 #31723

What interpetation we have to give at Q1/Q2 promised delivering ? Depends on meaning of "/" in Q1/Q2. What interpretation to give? In fact, it is entirely plausible That "/" means that the Neptune is delivered between the last days of March and early April. Knc should be more careful in writing the terms of the contract.



from wikipedia : http://en.wikipedia.org/wiki/Slash_(punctuation)#In_English_text


"In the UK there used to be[when?] a specialised use in prose: 7/8 May referred to the night which starts the evening of 7 May and ends the morning of 8 May, totalling about 12 hours depending on the season. This was used to list night-bombing air-raids which would carry past midnight. Some police units in the USA use this notation for night disturbances or chases. Conversely, the form with an en dash, 7–8 May, would refer to the two-day period, at most 48 hours. This would commonly be used for meetings."
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April 02, 2014, 08:59:00 AM
 #31724

What interpetation we have to give at Q1/Q2 promised delivering ? Depends on meaning of "/" in Q1/Q2. What interpretation to give? In fact, it is entirely plausible That "/" means that the Neptune is delivered between the last days of March and early April. Knc should be more careful in writing the terms of the contract.



from wikipedia : http://en.wikipedia.org/wiki/Slash_(punctuation)#In_English_text


"In the UK there used to be[when?] a specialised use in prose: 7/8 May referred to the night which starts the evening of 7 May and ends the morning of 8 May, totalling about 12 hours depending on the season. This was used to list night-bombing air-raids which would carry past midnight. Some police units in the USA use this notation for night disturbances or chases. Conversely, the form with an en dash, 7–8 May, would refer to the two-day period, at most 48 hours. This would commonly be used for meetings."


Where is the point ?  everyone here know knc just lurked $$$ in Dec for Jupiters used for themselves and got nothing,

▬▬ • • •  BITCOINEVO $XBTE FREE AIRDROP LIVE NOW   • • • ▬▬
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April 02, 2014, 09:05:13 AM
 #31725

It's official, I'm no longer a KNC customer in waiting. My final refund arrived today. Well, the good thing about it all is I basically just got paid $30,000 for the 31BTC I sold back then.

So, recommendations. Antminer S2 or Spoondoodilies?

if you're looking for profit just buy bitcoins. if you're concerned about the network mining power distribution...

Bitcoin is a participatory system which ought to respect the right of self determinism of all of its users - Gregory Maxwell.
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April 02, 2014, 09:54:13 AM
 #31726

... go to sweden and set their mining center on fire. Finished that sentence for you Wink
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April 02, 2014, 10:23:52 AM
 #31727

gullibility - everyone who ever ordered a pre-order asic.

yes, i'm guilty of this.  Angry
In that case I'm the Sheriff of Gullible Gulch.

ok i'm Barney Fife.....(yep unloaded gun is good can't shoot myself)

off topic but just figured out what my "gross income" from mining was 2013 (started sept 22nd) 16k and some small change

so 25% off this "gross income" I'd imagine is my due to the Tax Man of $4k

I'm 7500 and change into the knc jupiter w/power supply misl for the KNC Jupiter 555gh from oct

I'm 8500  down for the BFL stuff of which I get 'supposedly" almost get 5k back refund this year or so they say...hmmm..
(not sure how to do this....or even count it at a loss) will be even with refund down
around 3500 bucks loss there more/less them 10% rebates and fees to upgrade to the monarch i'm getting  a refund
don't ya know (here you go 'vaporware fairy" fly away)

Elec heat inet etc is at least 500 bucks (not sure how that works either ) might be as much as 1K no idea what i can take off

just a rough guess ball park how much is the above 4k in taxes gonna be knocked down iyho ANY.... NONE..... ALL?Huh
who the F*ck knows?Huh?

anyway figure someone has a real 'home business" and can answer in  a very rough rough way the above

(jeez would like to get at least 1K knocked of the above tax bill)

ie only mined spent no coin (drank the kool aid)

if this is too far off topic just kill it (hell I'm just venting here anyway)

(well at least it made me look WAY TOO SUCCESSFUL LAST YEAR!!!!! ....sigh)

Searing


man I'm confused..just looked at www.bitcoinratewatcher.com and price is going UP for BTC its at 490....man....
I'm as confused as a 'red shirt" on the Enterprise.....in desperate need of 'enlightenment'

Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
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April 02, 2014, 12:11:09 PM
 #31728

Way it is here, is that you can deduct percentage of overheads of your household under "home office" provision for business purposes...

BUT

then you owe capital gains on that proportion of the gain on the sale price when you sell the house if you own it..... So, if you're in an area that's getting popular with a hot real estate market, you might not want to do that if you think you're selling in the next 5 years.

edit: ordinarily primary residence is exempt from capital gains here.

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
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April 02, 2014, 12:14:39 PM
 #31729

also the litecoin payment system is not working, i tried to pay for a 'titan' with LTC but failed 4-5 times. i think its a sign - IE - dont bother.
You read this thread and are still willing to put money down on the no refunds black hole that is:


"I am not The Avenger"
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Flashman
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April 02, 2014, 12:54:34 PM
 #31730

Well I was wondering how long those jokes would take to come out, just be glad they didn't name it Uranus I guess.

I ended up with money on the iceberg by the way (Due to first announce)

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
Searing
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April 02, 2014, 12:54:54 PM
 #31731

Now that everyone bailed pretty much; KNC will announce 6Th/s Neptunes shipping next week, while keeping most of them, and adding to the farm.... Wink

er...likely...er indeed likely....


Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
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April 02, 2014, 01:25:55 PM
 #31732

also the litecoin payment system is not working, i tried to pay for a 'titan' with LTC but failed 4-5 times. i think its a sign - IE - dont bother.
You read this thread and are still willing to put money down on the no refunds black hole that is:



not quite.

just research, not planning to handout any more free loans that will be used to punish me in just a few short months with NO REFUNDS.

like other scammers, they seem to only want green/noob/uninformed clientele, scared old women & children

i wonder what they were doing before this, probably debt collectors, tv licence/traffic wardens.
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April 02, 2014, 01:52:09 PM
 #31733

i wonder what they were doing before this, probably debt collectors, tv licence/traffic wardens.

Naw, self proclaimed morons. Remember this http://www.englishforum.ch/35818-post8.html

"I am not The Avenger"
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April 02, 2014, 03:02:52 PM
 #31734

I trust a man who knows what he doesn't know 100x more than a man who thinks he knows everything.

TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6

Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
faetos
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April 02, 2014, 04:37:00 PM
 #31735

i wonder what they were doing before this, probably debt collectors, tv licence/traffic wardens.

Naw, self proclaimed morons. Remember this http://www.englishforum.ch/35818-post8.html

That clearly explains where their boneheaded business strategy comes from.
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April 02, 2014, 04:39:49 PM
 #31736

It's official, I'm no longer a KNC customer in waiting. My final refund arrived today. Well, the good thing about it all is I basically just got paid $30,000 for the 31BTC I sold back then.
So, recommendations. Antminer S2 or Spoondoodilies?
Mining at home or Colo?  Well, actually, unless density is hugely important I'd go with the S2, but only after seeing some end-user reviews.
I like the Spoondidler, but it's loud, pricing is prohibitive, and there's a pretty sizeable delay between order and receive.  It's a really nice looking piece of HW though.

I rent DC space $50/mo per 45U rack plus power, so 30 spoondoodilies in 1 rack is only $100/mo cheaper than 3 racks of 10 S2's

IMHO putting 30 Spooners in one rack is a non-starter.
Because of the heat density you would have to spread them amongst racks.
Most ordinary racks can not dissipate more than about 10KW with the doors closed without some serious (i.e. expensive) cooling solurtion (water cooling, sealed hot/cold aisle, high volume air flow, etc.).
Also, most data centres are not designed to handle that kind of spot heat output (I worked in data centres for 36 years).
Sorry, big generalisation here as I do not know your precise circumstances, but when I watched their video when they said you could put 30 in one rack I split my sides laughing.  Grin

If you think I deserve it - BTC always welcome - 14GkxT2xcpgvGVBgMjtGeFiXrxnttBSRRF
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April 02, 2014, 04:57:11 PM
 #31737

What interpetation we have to give at Q1/Q2 promised delivering ? Depends on meaning of "/" in Q1/Q2. What interpretation to give? In fact, it is entirely plausible That "/" means that the Neptune is delivered between the last days of March and early April. Knc should be more careful in writing the terms of the contract.

from wikipedia : http://en.wikipedia.org/wiki/Slash_(punctuation)#In_English_text

Quote
The slash is most commonly used as the word substitute for "or" which indicates a choice (often mutually-exclusive) is present.

They obviously meant "or", i.e. "Neptune will ship in either Q1 or Q2." They did that to dupe people into believing that Q1 was a possibility. They were never going to ship in Q1, but they wanted people to think they would, without flat out lying about delivery dates. It worked. Tons of people ordered believing in a false Q1 ship date.

Buy & Hold
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April 02, 2014, 04:58:48 PM
 #31738

Here are my predictions:

1. KnC will create 3 datorhalls by April 30. They will use one for themselves-they are already doing it.
2. They will provide a choice to struggling Neptune pre-order holders: refund, use 3TH in the datorhall for 3 mo for free, then pay high price/mo OR wait and get Neptune on June 30 (last day of Q2) plus straight refund option, of course. I assume that one datorhall would be for those who take the hosting option.
3. They will also announce selling of bitcoin hashing on first-come-first serve basis. Because cloudhashing services are ridiculously overpriced, one datorhall will pay for the other two.

All scenarios are bad, of course, there is no silver lining.
At this point my wish is for BTC to go to $60; although i will get a big hit on current bitcoin holdings, I would be able to purchase 5 times more with cash and disgusting hosting farms will be finished for good.

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April 02, 2014, 05:04:05 PM
 #31739

They did that to dupe people into believing that Q1 was a possibility. They were never going to ship in Q1, but they wanted people to think they would, without flat out lying about delivery dates. It worked. Tons of people ordered believing in a false Q1 ship date.

I think that everybody agree on this point by now. Miners are so gullible, they don't care-watch those Titan orders, LOL, although, I think that Titan will probably ship before Neptune just to make a point [that they are not always trying to fool you].
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April 02, 2014, 05:04:12 PM
 #31740

What interpetation we have to give at Q1/Q2 promised delivering ? Depends on meaning of "/" in Q1/Q2. What interpretation to give? In fact, it is entirely plausible That "/" means that the Neptune is delivered between the last days of March and early April. Knc should be more careful in writing the terms of the contract.

from wikipedia : http://en.wikipedia.org/wiki/Slash_(punctuation)#In_English_text

Quote
The slash is most commonly used as the word substitute for "or" which indicates a choice (often mutually-exclusive) is present.

They obviously meant "or", i.e. "Neptune will ship in either Q1 or Q2." They did that to dupe people into believing that Q1 was a possibility. They were never going to ship in Q1, but they wanted people to think they would, without flat out lying about delivery dates. It worked. Tons of people ordered believing in a false Q1 ship date.

In this case interpretation of "/" is to intend in this way: Knc promised us to ship all miners in the period starting from q1 to q2. But the did not shipped anything in q1. They broke their promises. They have to refund us (if we want)  not only in dollars, but also in BTC
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