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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3012786 times)
The Avenger
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April 16, 2014, 08:01:59 PM
 #32401

Grin Grin Grin Grin Grin Grin cunts

"All,
We would like to inform that  our offices will be closed for Easter. We are closed from friday 17'th April until Tuesday 22nd April.
Thanks
KnCMiner Team"

They wait for your money  Kiss

Funny, Friday is April 18, so message is as confusing as "one month after batch 2".
Friday 18th is a public holiday in Sweden, so they are in fact closing Thursday 17th.

Whether the devious cunts are saying that they are open again on Tuesday 22nd, or closed on Tuesday and open Wednesday is hard to tell.

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April 16, 2014, 08:52:47 PM
 #32402

The only concern is it eats too much power, 1kw would be much more desired for home usage

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April 16, 2014, 10:41:45 PM
 #32403

And to think for a moment they would make modules for both the october and november units. Looks like I have an october unit. I remember there being talk of mixing them, but don't recall how that went.

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April 16, 2014, 11:12:13 PM
 #32404

and if you look closely, the 'November' boards now on sale seem to be the '8 VRMs dont make any difference' October boards with the shitty GE VRMs even if there are 8 of them....

They can't be bothered to take any new pictures.. they still just throw the old jupiter and saturn pics up as Neptunes

Also, any thoughts on KNC holding back their BTC dumps during this marketing pitch to let the price float up and thus the value of buying mining gear for more interest in these products?

Once they sell out, prepare for crash back to $300 as their dumping resumes


I thought that too, because they mentioned the bitcoin economy as a reason for demand when recently it's been quite the opposite. Unless you have a way to change that. Wink

A new batch of Neps...made up of refunded ones now thy have enough cancelled orders to make a decent batch. If they were intending to sell another batch that makes zero sense when they could have sold them for more if offered as soon as the 1st batches sold out.

A new batch of boards made up of their old farm. At a price that's too high to be viable for us, but low enough to remove any chance you had to sell what you have for a decent price. Where else could these old boards have come from? They hung onto them for a giggle?
They imagine that their customers are going to suck all this up?

I laughed and laughed.
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April 16, 2014, 11:17:12 PM
 #32405

And to think for a moment they would make modules for both the october and november units. Looks like I have an october unit. I remember there being talk of mixing them, but don't recall how that went.

They could have sold Oct boards at any time from Oct to Feb, people were begging. They didn't because they had none, they didn't produce anymore than the limited upgrade batch even. There's only one logical place these boards are coming from. Their own farm. Quite a large farm since Oct. it seems.

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April 16, 2014, 11:37:04 PM
 #32406

And to think for a moment they would make modules for both the october and november units. Looks like I have an october unit. I remember there being talk of mixing them, but don't recall how that went.

They could have sold Oct boards at any time from Oct to Feb, people were begging. They didn't because they had none, they didn't produce anymore than the limited upgrade batch even. There's only one logical place these boards are coming from. Their own farm. Quite a large farm since Oct. it seems.



Yes, the farm is moving out alot of used and outdated equipment.

By the way, they have more than 1 farm  =:0
The Avenger
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April 16, 2014, 11:45:43 PM
 #32407

Has anyone bought more than 2 upgrade boards and did knc insist on sending each board individually (like last November) and charging you $70 per board shipping fee?  Cheesy

Now that it looks like the boards cost $200 (or less) each, knc sure did burn people during last years fire sale.

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April 16, 2014, 11:49:39 PM
 #32408

So I'm confused, they are selling a Batch 3, but has batch 1 even shipped yet?  I've been choo-chooing on the Bitmain Train, so I've lost track of all these other companies and what the hell they are even doing...

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gotta let a coin be a coin


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April 17, 2014, 12:04:42 AM
 #32409

So I'm confused, they are selling a Batch 3, but has batch 1 even shipped yet?  I've been choo-chooing on the Bitmain Train, so I've lost track of all these other companies and what the hell they are even doing...
Nothing shipped. They gave existing bag holders 3 options - keep your neptune order, covert to a non-refundable scrypt miner (titan), or covert to a frankenjupiter hashing at 3T. The frankenjupiters are supposed to ship next week. God help them if they get the self-immolating hardware. I just moved and had 2 capacitors broke off 1 s1, but it still hashes at speed and hasn't burnt up like KnCs stuff.
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April 17, 2014, 12:11:18 AM
 #32410

By the time you get a Neptune it will hash 0.4 BTC a day or LESS.

Does anyone own a calculator?


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April 17, 2014, 12:18:50 AM
 #32411

I guess the part that upsets me is honest players like Bitmain who come into the space and offer deals at a hardware price that is reasonable, offer prices on a declining scale that is only slightly outpaced by the amount of BTC the machines mine (generally) in the same time period, and STILL there are all these ASIC companies that can't figure out how to correctly price their miners.

News flash KNC:  You are no longer the top dog.  You are two steps away from being the next BFL, and I'll be really upset if anyone buys Batch 3 before Batch 1 ships, and quite frankly, the price still isn't right, lest you plan on Batch 3 getting out in May, which ain't happening, obviously, then its no deal.  Glad I have a handful of S1's and an S2 now to keep me in the game.  At least I'll conceivably get ROI!

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kendog77
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April 17, 2014, 12:36:22 AM
 #32412

KNC has demonstrated from their actions that they have no interest in selling hardware to miners anymore.

They already got all the money they needed from miners to design their chips and build their massive private farm.

Move along folks, there is nothing to see here.

Please don't be a fool and pre-order hardware from them with no defined delivery date and a no refund policy. That is nothing more than an interest free loan that they can keep as long as they wish.
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April 17, 2014, 12:40:18 AM
 #32413

Has anyone bought more than 2 upgrade boards and did knc insist on sending each board individually (like last November) and charging you $70 per board shipping fee?  Cheesy

Now that it looks like the boards cost $200 (or less) each, knc sure did burn people during last years fire sale.

Yup.. hell we know the Jupes had an estimated inventory cost of less than a grand.. this fits perfectly.

Ahh well, just thought it'd be nice to toss another one in there. Going back to my once every couple month check of this thread.. lol

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April 17, 2014, 01:56:32 AM
 #32414

Just got the news update in my inbox. I see they're doing upgrade modules finally. It specifies November batch. Does this mean they won't work in October batch systems?

I believe my Mercury is an October, but I'm not sure. Any easy way to tell? It's been on a shelf mining non stop since November.

Thanks guys.
Mercury was only offered initially, and quickly discontinued leaving just Saturn and Jupiter.  So I believe October Mercurys are the only kind.  November Jupiters came next.  There wasn't a November Mercury (was there a November Saturn?  I don't remember it.).

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April 17, 2014, 02:22:24 AM
 #32415

Just got the news update in my inbox. I see they're doing upgrade modules finally. It specifies November batch. Does this mean they won't work in October batch systems?

I believe my Mercury is an October, but I'm not sure. Any easy way to tell? It's been on a shelf mining non stop since November.

Thanks guys.
Mercury was only offered initially, and quickly discontinued leaving just Saturn and Jupiter.  So I believe October Mercurys are the only kind.  November Jupiters came next.  There wasn't a November Mercury (was there a November Saturn?  I don't remember it.).

That's true, but the boards could be either. Dead giveaway if they did have Oct boards though. That would definitely be from a rig that's been mining for them since the start.

They are insulting our intelligence with this stuff. We paid their upfront costs, they got their farm rigs at cost price and now they even want us to give them that money back by buying their old boards. Amazing deal for them if they get away with it. They get profits from sales with no risk, profits from mining with no hardware costs at all..so apart from power it's all profit. Actually...thinking how much hosting cost, that probably paid the power bills too. Damn.
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April 17, 2014, 07:08:00 AM
 #32416

The last news update was the final nail in the coffin. Looks like someone will be moving up 6 Neptunes in the queue.  Smiley

yeah you use (the admitedly sour genesis block calculator...but i use if for a couple months only works well in that useage imho)

https://tradeblock.com/mining/

you pop 3TH in there at 10,181.80 and it is very very ugly even at 500usd per btc

2100 watts...a batch 3 neptune at 1/2 price likely to pop 3wks at best after the 1st batch run is done of another 2500 units

yeah i'd punt (wait..i did that 2 weeks ago never mind)

THEN AGAIN don't be me!!!!!

I dumped from an original order Neptune 3th CA version to a Titan....(duh1)

I thinks maybe i screwed up..(everyone pile on here now)....

so sure I got out of the Neptune correctly ...but went to Titan so not sure it counts as a true refund

anyway ...to those of you who refunded and are no "Neptune Less" I salute you!!!!

will take my lame Titan no refund idiot purchase and will now sit alone in the corner of bitcoin talk an sob myself to sleep

Searing

Hey,

I do not understand the discussion in here. Very soon, ASICs are history and replaced with GPUs and FPGAs. So where is the big deal ?

Conan

er that will only work imho if ZEROCOIN comes out as a truly anonymous coin ....er ie untraceable ...and it comes out...wait for it
as SHA-256...

Zerocon saying something like May 15th 2014 no premine....at 0 diff and 12am midnight start your engines and we be off

well if sha 246 coin yet (doubtful will likely be scrypt)

THEN you would see fpga/gpu etc falling on to that network big time....i'd kick my jupiter there at that point in time too (what the heck
by may 15th for bitcoin my knc jupiter is a door stop anyway

so yeah....that could put a kick in the pants to your old GPU setup scrypt or sha-256.....liven things up mining imho

Searing


Why on earth would anyone wait half a year to preorder these and get them by the time they are useless when you can order chinese ones that are available now and just as fast for around the same price.  And since you get them now they are actually a significantly better deal.

I take your point....but people (even if late) are dumping knc neptunes now as their "hedge" on diff rising or coin price ...so they are golden



yep thus the refund (and the orders were oct 29th...not like antminers were on the horizon yet) buy yeah too many people have punted KNC product

their neptune batch 3 and upgrade modules and Titan scrypt miners are ALL NO REFUND NOW

knc ...(the new BFL)  (I need to make posters)

Searing


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April 17, 2014, 12:23:49 PM
 #32417

Is he implying that something is going to take the place of bitcoin maybe?  I'm lost.
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April 17, 2014, 12:57:03 PM
 #32418

And to think for a moment they would make modules for both the october and november units. Looks like I have an october unit. I remember there being talk of mixing them, but don't recall how that went.

They could have sold Oct boards at any time from Oct to Feb, people were begging. They didn't because they had none, they didn't produce anymore than the limited upgrade batch even. There's only one logical place these boards are coming from. Their own farm. Quite a large farm since Oct. it seems.



someone said someplace they have a 90 day warrenty is that not what is done for 'used' equip ie *refurbished*?

need some clarification on this but can't remember where i read it on forums

Searing


I guess the part that upsets me is honest players like Bitmain who come into the space and offer deals at a hardware price that is reasonable, offer prices on a declining scale that is only slightly outpaced by the amount of BTC the machines mine (generally) in the same time period, and STILL there are all these ASIC companies that can't figure out how to correctly price their miners.

News flash KNC:  You are no longer the top dog.  You are two steps away from being the next BFL, and I'll be really upset if anyone buys Batch 3 before Batch 1 ships, and quite frankly, the price still isn't right, lest you plan on Batch 3 getting out in May, which ain't happening, obviously, then its no deal.  Glad I have a handful of S1's and an S2 now to keep me in the game.  At least I'll conceivably get ROI!

there is no DOWN SIDE to knc offering mini-neptunes and 3rd batch neptunes at these prices..they don't sell they go to the farm..they sell at a premium it is all good too....covered both ways

Searing

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April 17, 2014, 01:05:13 PM
 #32419

Just paid KNC $350 to ship my two hosted Jupiters that are completing the 6 month hosting contract.  Was a good run.  Ordered my two power supplies and go from there.  My last Neptune (4rth) refund is still pending wire transfer and that's that.   Out of KNC business.   

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April 17, 2014, 01:08:22 PM
 #32420

Just paid KNC $350 to ship my two hosted Jupiters that are completing the 6 month hosting contract.  Was a good run.  Ordered my two power supplies and go from there.  My last Neptune (4rth) refund is still pending wire transfer and that's that.   Out of KNC business.   



well something to play with the jupiters.....you can always mine sha-256 coins (ansicoin heh)


now if by some miracle zerocoin the anon coin comes out in june  or whatever at the gate....sha-256 (doubtful)

now we'd be cooking with gas ..yea...my jupiter would be revived


(ie pigs flying more likely)

Searing

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