Bitcoin Forum
May 26, 2020, 06:20:57 PM *
News: Latest Bitcoin Core release: 0.19.1 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 ... 1573 1574 1575 1576 1577 1578 1579 1580 1581 1582 1583 1584 1585 1586 1587 1588 1589 1590 1591 1592 1593 1594 1595 1596 1597 1598 1599 1600 1601 1602 1603 1604 1605 1606 1607 1608 1609 1610 1611 1612 1613 1614 1615 1616 1617 1618 1619 1620 1621 1622 [1623] 1624 1625 1626 1627 1628 1629 1630 1631 1632 1633 1634 1635 1636 1637 1638 1639 1640 1641 1642 1643 1644 1645 1646 1647 1648 1649 1650 1651 1652 1653 1654 1655 1656 1657 1658 1659 1660 1661 1662 1663 1664 1665 1666 1667 1668 1669 1670 1671 1672 1673 ... 2138 »
  Print  
Author Topic: Swedish ASIC miner company kncminer.com  (Read 3045450 times)
SyRenity
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500


View Profile
April 18, 2014, 07:38:47 PM
 #32441

Yeah, that group buy is looking pretty attractive if they will indeed stack the 10% discount for refunding an order with a competitor.

The offer isn't for refunding only. The offer is for just having a previous order with any Bitcoin ASIC manufacturer! Only proof of purchase is required.

Correct, you need to email-in only a proof of order from any Bitcoin ASIC maker.
1590517257
Hero Member
*
Offline Offline

Posts: 1590517257

View Profile Personal Message (Offline)

Ignore
1590517257
Reply with quote  #2

1590517257
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1590517257
Hero Member
*
Offline Offline

Posts: 1590517257

View Profile Personal Message (Offline)

Ignore
1590517257
Reply with quote  #2

1590517257
Report to moderator
1590517257
Hero Member
*
Offline Offline

Posts: 1590517257

View Profile Personal Message (Offline)

Ignore
1590517257
Reply with quote  #2

1590517257
Report to moderator
1590517257
Hero Member
*
Offline Offline

Posts: 1590517257

View Profile Personal Message (Offline)

Ignore
1590517257
Reply with quote  #2

1590517257
Report to moderator
tzortz
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
April 18, 2014, 09:03:51 PM
 #32442

Yeah, that group buy is looking pretty attractive if they will indeed stack the 10% discount for refunding an order with a competitor.

The offer isn't for refunding only. The offer is for just having a previous order with any Bitcoin ASIC manufacturer! Only proof of purchase is required.

Correct, you need to email-in only a proof of order from any Bitcoin ASIC maker.


They look decent but I'm sick of preorders.

All is Mine!

1H7LUdfx9AFTMSXPsCBror3RDk57zgnc2R
RoadStress
Legendary
*
Offline Offline

Activity: 1862
Merit: 1002


View Profile
April 18, 2014, 10:25:05 PM
 #32443

Yeah, that group buy is looking pretty attractive if they will indeed stack the 10% discount for refunding an order with a competitor.

The offer isn't for refunding only. The offer is for just having a previous order with any Bitcoin ASIC manufacturer! Only proof of purchase is required.

Correct, you need to email-in only a proof of order from any Bitcoin ASIC maker.


They look decent but I'm sick of preorders.

Give it one last change either for SP10 either for SP30.(they did ship 2 batches of SP10 a bit earlier than expected) We are closing to the 250 units and i'm sure that you will benefit from the 10% reduction which makes it just 4500$ for a SP30.

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
j03
Member
**
Offline Offline

Activity: 62
Merit: 10



View Profile WWW
April 18, 2014, 10:41:37 PM
 #32444

Spondoolies Tech dude?! Please. Vaporware. Who are they? What's their track record? Look at the product design: no way you can cool their claimed hashing power in rack server form factors like that. Calling bullshit right now. Run.

Have you checked their thread: https://bitcointalk.org/index.php?topic=521520.0 ? dogie (who posted a big review of it), ckolivas and me and some other customers already received their SP10 unit and yes it is possible to cool it because they are just that good and because it's loud (this will be fixed in the future)Smiley

I stand corrected. Seems pretty legit. ckolivas is credible. One to watch I guess. Terrible business name though Smiley

1MYwxy8TniWL37y3ueG2cN6i5eQ49Fr19Q
sbfree
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250



View Profile
April 18, 2014, 10:47:07 PM
 #32445

Yeah, that group buy is looking pretty attractive if they will indeed stack the 10% discount for refunding an order with a competitor.

The offer isn't for refunding only. The offer is for just having a previous order with any Bitcoin ASIC manufacturer! Only proof of purchase is required.

Correct, you need to email-in only a proof of order from any Bitcoin ASIC maker.


They look decent but I'm sick of preorders.

Give it one last change either for SP10 either for SP30.(they did ship 2 batches of SP10 a bit earlier than expected) We are closing to the 250 units and i'm sure that you will benefit from the 10% reduction which makes it just 4500$ for a SP30.
any chance they ship sooner and I am in...will need spoondoolie to confirm that though...
RoadStress
Legendary
*
Offline Offline

Activity: 1862
Merit: 1002


View Profile
April 19, 2014, 12:32:46 AM
 #32446

Spondoolies Tech dude?! Please. Vaporware. Who are they? What's their track record? Look at the product design: no way you can cool their claimed hashing power in rack server form factors like that. Calling bullshit right now. Run.

Have you checked their thread: https://bitcointalk.org/index.php?topic=521520.0 ? dogie (who posted a big review of it), ckolivas and me and some other customers already received their SP10 unit and yes it is possible to cool it because they are just that good and because it's loud (this will be fixed in the future)Smiley

I stand corrected. Seems pretty legit. ckolivas is credible. One to watch I guess. Terrible business name though Smiley

Not that bad business name: http://en.wikipedia.org/wiki/Spondoolies (i just figured out that i was using the double "o" wrong heh)

any chance they ship sooner and I am in...will need spoondoolie to confirm that though...
Sooner than  1st August i don't think so, unless you were/are among the early birds and they start shipping one week sooner at a 50+ units per day rate.(they already can do ~40 units per day)



H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
Searing
Copper Member
Legendary
*
Offline Offline

Activity: 2464
Merit: 1311


Clueless!


View Profile
April 19, 2014, 05:41:02 AM
 #32447

Yeah, that group buy is looking pretty attractive if they will indeed stack the 10% discount for refunding an order with a competitor.

The offer isn't for refunding only. The offer is for just having a previous order with any Bitcoin ASIC manufacturer! Only proof of purchase is required.

Correct, you need to email-in only a proof of order from any Bitcoin ASIC maker.


They look decent but I'm sick of preorders.

+1

and nice machine they may be..the price don't really work anymore imho.....better then knc ...but still no go even if you do get them in time....

of course i expect a big rise in dff coming the next 2 months

my take on this

Searing

*but what do i know I'm getting a Titan!* (sigh....feel like a non-virgin after prom with a torn dress)


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!:)
Collider
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
April 19, 2014, 08:13:01 AM
 #32448

less than 5K for 5,4 TH beats knc´s 10/12k for 3TH (maybe 4 if you are lucky) big time.

Granted, 2 months later shipping but spondoolies has better power efficiency and a smaller rig, aswell as competetive hosting prices for longterm hosting.

Edit:

And the 3th frankenjupiter is just a joke. You can get 3 * 1th rig with bitmine chips delivered the next week for 3*2,5k = 7,5k

That is shipping cost included.

Plus: 1W/GH power efficiency on these vs. ~1,2W/GH on Frankenjupiter

Plus: Already assembled and with 80+ gold psu.


Don´t get me wrong, i liked the jupiter, it was good tech when it came out, but seeing as KNC is just looking to reap money from their customers for now overpriced gear just sadens me.
Searing
Copper Member
Legendary
*
Offline Offline

Activity: 2464
Merit: 1311


Clueless!


View Profile
April 19, 2014, 09:58:53 AM
 #32449

less than 5K for 5,4 TH beats knc´s 10/12k for 3TH (maybe 4 if you are lucky) big time.

Granted, 2 months later shipping but spondoolies has better power efficiency and a smaller rig, aswell as competetive hosting prices for longterm hosting.

Edit:

And the 3th frankenjupiter is just a joke. You can get 3 * 1th rig with bitmine chips delivered the next week for 3*2,5k = 7,5k

That is shipping cost included.

Plus: 1W/GH power efficiency on these vs. ~1,2W/GH on Frankenjupiter

Plus: Already assembled and with 80+ gold psu.


Don´t get me wrong, i liked the jupiter, it was good tech when it came out, but seeing as KNC is just looking to reap money from their customers for now overpriced gear just sadens me.

yeah i agree..but even so .the current price of the products on here...are not quite good enough imho (they will likely change) but imho
chasing the GH 'Bear' this summer ....little old me ...would get 'crushed' so not baiting the bear this summer will watch others do so
(I'm talking 5k to 10k usd major money down  choices......not just picking up small end stuff....the big stuff ..ie sitting on fence)

i take the above back even the small stuff is tempting to play with but also unworkable...and would make my tummy hurt after purchase.

need zerocoin the anonymous coin (yeah i know but it is a pretty good 'hook' for a coin launch) i need that to come out as sha-256 (yeah right odds are better
for me to win the lottery) but still sha-256 decent growth coin at 0 difficulty  0 pre-mine and launch your 'old' asic stuff off the pad at say midnight  some day in july 2014

ie 'OLD ASIC RISE AGAIN!!!" ...sure in Zombie mode...with an untried new coin..but hey the other option is a KNC Jupiter Doorstop .....

it would be an epic launch of a coin....all them usb/bfl/avalon retired rigs would live again! (at least for a bit)

sigh...nice dream to keep my Jupiter going thru the summer mining...but unlikely as hell

Searing

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!:)
CYPER
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500



View Profile
April 19, 2014, 02:45:33 PM
 #32450

I am still waiting on my refund requested on 4th April.
Liam told me: Refunds are usually processed within 10-15 working days but can take longer during busy periods.
midyatspor
Member
**
Offline Offline

Activity: 107
Merit: 10


View Profile
April 19, 2014, 02:57:55 PM
 #32451

I am still waiting on my refund requested on 4th April.
Liam told me: Refunds are usually processed within 10-15 working days but can take longer during busy periods.

Requested mine on the 10th, was told that they do bank wires once a week, I also requested refund in BTC but was told NO. I do bank wires daily for my business and it's a very simple process, perhaps 5 min per wire doing it online if you have the proper bank account/setup.



RoadStress
Legendary
*
Offline Offline

Activity: 1862
Merit: 1002


View Profile
April 19, 2014, 03:15:02 PM
 #32452

I am still waiting on my refund requested on 4th April.
Liam told me: Refunds are usually processed within 10-15 working days but can take longer during busy periods.

I was told 10 business days, but i just can't understand how busy can they be...

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
bobsag3
Hero Member
*****
Offline Offline

Activity: 546
Merit: 500

Owner, Minersource.net


View Profile
April 19, 2014, 03:23:07 PM
 #32453

I am still waiting on my refund requested on 4th April.
Liam told me: Refunds are usually processed within 10-15 working days but can take longer during busy periods.

I was told 10 business days, but i just can't understand how busy can they be...

We need a new thread "Those waiting for a wire refund from KnC". Might cut off half the posts here or so.
Phoenix1969
Legendary
*
Offline Offline

Activity: 938
Merit: 1000


LIR DEV


View Profile
April 19, 2014, 04:11:02 PM
Last edit: April 19, 2014, 05:14:36 PM by Phoenix1969
 #32454

less than 5K for 5,4 TH beats knc´s 10/12k for 3TH (maybe 4 if you are lucky) big time.

Granted, 2 months later shipping but spondoolies has better power efficiency and a smaller rig, aswell as competetive hosting prices for longterm hosting.

Edit:

And the 3th frankenjupiter is just a joke. You can get 3 * 1th rig with bitmine chips delivered the next week for 3*2,5k = 7,5k

That is shipping cost included.

Plus: 1W/GH power efficiency on these vs. ~1,2W/GH on Frankenjupiter

Plus: Already assembled and with 80+ gold psu.


Don´t get me wrong, i liked the jupiter, it was good tech when it came out, but seeing as KNC is just looking to reap money from their customers for now overpriced gear just sadens me.

yeah i agree..but even so .the current price of the products on here...are not quite good enough imho (they will likely change) but imho
chasing the GH 'Bear' this summer ....little old me ...would get 'crushed' so not baiting the bear this summer will watch others do so
(I'm talking 5k to 10k usd major money down  choices......not just picking up small end stuff....the big stuff ..ie sitting on fence)

i take the above back even the small stuff is tempting to play with but also unworkable...and would make my tummy hurt after purchase.

need zerocoin the anonymous coin (yeah i know but it is a pretty good 'hook' for a coin launch) i need that to come out as sha-256 (yeah right odds are better
for me to win the lottery) but still sha-256 decent growth coin at 0 difficulty  0 pre-mine and launch your 'old' asic stuff off the pad at say midnight  some day in july 2014

ie 'OLD ASIC RISE AGAIN!!!" ...sure in Zombie mode...with an untried new coin..but hey the other option is a KNC Jupiter Doorstop .....

it would be an epic launch of a coin....all them usb/bfl/avalon retired rigs would live again! (at least for a bit)

sigh...nice dream to keep my Jupiter going thru the summer mining...but unlikely as hell

Searing

Uuuuhhh....
Reality check.....   http://com-http.us/
***What you speak of was done early on with Asic-Coin, http://com-http.us/coins/asc/ and SHAcoin http://com-http.us/coins/sha/
393 altcoins and counting...  41 of them are sha-256. Another one will make 0 difference imho
UNLESS there is a hashrate limit, and nobody is going to do that... greed.
I doubt the launch of yet another will do squat.
I admire your faith though.
I have the feeling you'll have that Jupiter hashing till Summer of 2056,and at 14k/coin and 99 trillion diff, with one asic core left... and still be stuck on Slush doing it... hehe  Grin
Props to you my friend... not bad when you got a box full of water from DHL!
Using a hair-drier, and sheer determination... you beat the odds.
I think Titan(batch one) was probably the last stop at the mining station for home miners.
Good luck & happy hashing...


                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
Paladin69
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


View Profile
April 19, 2014, 05:18:56 PM
 #32455

I am still waiting on my refund requested on 4th April.
Liam told me: Refunds are usually processed within 10-15 working days but can take longer during busy periods.

I think it is bullshit how we have to bust our ass to get them funds to be in a waiting queue, but they can take their sweet time refunding us.
Phoenix1969
Legendary
*
Offline Offline

Activity: 938
Merit: 1000


LIR DEV


View Profile
April 19, 2014, 05:31:18 PM
Last edit: April 19, 2014, 06:16:43 PM by Phoenix1969
 #32456

I am still waiting on my refund requested on 4th April.
Liam told me: Refunds are usually processed within 10-15 working days but can take longer during busy periods.

I think it is bullshit how we have to bust our ass to get them funds to be in a waiting queue, but they can take their sweet time refunding us.
Yep, They don't want peeps refunding for Spooners Machines... By making the refunding process like "Molasses in winter", they can easily "Up the amount" they will earn when they add your Neptune to the farm by delaying refunding of Mining investment funds.
Just another factor of "Greed Syndrome", just like waiting 4 months to release upgrade cards for $350 dollars after they have gone well beyond ROI, and are ready to begin stocking the Boden facility with the next gen.
Ooooh, let's make a Franken-Jupiter too! While getting rid of old stuff, we can ship those out next week, and only give them 3th/s!
They wont care it takes 3- 1200 watt psu's to run it, really... and if we wait to ship them until a couple days before Easter, we can squeeze a few more days out of the Difficulty level!
Evil Geniuses. They did it all perfect; absolutely flawless.


                     ▀▀█████████▀████████████████▄
                        ████▄      ▄████████████████
                     ▄██████▀  ▄  ███████████████████
                  ▄█████████▄████▄███████████████████
                ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀████████
                                               ▀▀███▀
    ▄█▀█       ▄▀  ▄▀▀█  ▄▀   █████████████████▄ ██▀         ▄▀█
   ▄█ ▄▀      ▀█▀ █▀ █▀ ▀█▀  ███████████████████ █▀ ▀▀      ▄▀▄▀
  ▄█    ▄███  █     █   █   ████████████████████  ▄█     ▄▀▀██▀ ▄███
███▄▄▄  █▄▄▄ █▄▄ ▄▄▀   █▄▄ ██████████████████▀▀   █▄▄ ▄▄ █▄▄█▄▄▄█▄▄▄
                           ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
                            ▀▀█████████████▄
                                █████████████▄
                                  █████████████▄
                                    ▀███████▀▀▀▀▀
                                      ▀████▀
                                        ▀█▀
LetItRide
                        ▄███████████▄
                       ██  ██████████▄
                     ▄█████████████  ██▄
            ▄▄▀█▄▄▄▄▄████████████████████▄
        ▄▄█▀   ███████████  █████  ████  █
    ▄██████ ▄▄███████████████████████████▀
 ▄▀▀ ██████████████████████████  ████  █
█  ▄███████████▀▀▀█████████████████████
██████████████    ████████▀▀██████  █▀
██████████████▄▄▄██████████   ▀▀▀▀▀▀▀
███▀ ▀██████████████████████
██    ███████████████████████
██▄▄██████████████████████████
██████████████▀   ██████████
  █████████████   ▄██████▀▀
     ▀▀██████████████▀▀
         ▀▀██████▀▀
[BTC]▄█████████████▀ ▄█
██            ▄█▀
██          ▄██ ▄█
██ ▄█▄    ▄███  ██
██ ▀███▄ ▄███   ██
██  ▀███████    ██
██    █████     ██
██     ███      ██
██      ▀       ██
██              ██
▀████████████████▀
Collider
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
April 19, 2014, 07:02:14 PM
 #32457

The waiting-before-doing-the-refund is a really shady tactic, they are most likely aiming to getting a lower number of refunds if people on the forums claim it takes some time.

Additionally it might be cashflow related, as they probably don´t just have the cash lying around if they take 200 or so refund requests, which is not to say they don´t have the cash or assets, it might just not be readily available for instant bank-wire transfer.

Maybe they also hope (and this is pure speculation on my part) to sell some of the 3rd batch products and just take that money to refund earlier customers.


The really sad thing in my opinion is that people accepted a 30% overpriced (25% on hardware + cost of psus) Frankenjupiter with a 20% too high power efficiency for their money, which should have given them bleeding-edge 20nm mining technology.
However it looks like the efficiency of the Neptune will most likely be no better than 0,7J/Gh, so not really worth the wait.
If they pull out some crazy hashrate increase to 4,5 TH, which seems doable, they will have lost a lot of customers by not communicating to the people funding their operations with thousands of dollars tied up in the investment.

Still, 4,5 TH only gives you 2,22$ / GH in June, which you can nearly get now.
Collider
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
April 19, 2014, 07:13:20 PM
 #32458

I do understand that a company aims to pleasing a large number of customers, but this could easily be achieved by regular updates, competitive pricing and a short time-to-market business approach.

I further believe that KnC might have bitten off more than they should chew.
Based on their 28nm chip in combination with a smart layout and cooling system
and by lowering the voltage and clock frequency on their chips, a 1,5-2th box fitting a 4u factor would have been easily engineerable by March this year.

Also, providing the plan B hashpower only in June, the last possible month of their production promise, this shows that they never intended to come anywhere close to Q1 when announcing shipment in Q1/Q2.

While this isn´t legally misleading, it was at least psychologically.
RoadStress
Legendary
*
Offline Offline

Activity: 1862
Merit: 1002


View Profile
April 19, 2014, 09:36:00 PM
 #32459

I am still waiting on my refund requested on 4th April.
Liam told me: Refunds are usually processed within 10-15 working days but can take longer during busy periods.

I think it is bullshit how we have to bust our ass to get them funds to be in a waiting queue, but they can take their sweet time refunding us.
Yep, They don't want peeps refunding for Spooners Machines... By making the refunding process like "Molasses in winter", they can easily "Up the amount" they will earn when they add your Neptune to the farm by delaying refunding of Mining investment funds.
Just another factor of "Greed Syndrome", just like waiting 4 months to release upgrade cards for $350 dollars after they have gone well beyond ROI, and are ready to begin stocking the Boden facility with the next gen.
Ooooh, let's make a Franken-Jupiter too! While getting rid of old stuff, we can ship those out next week, and only give them 3th/s!
They wont care it takes 3- 1200 watt psu's to run it, really... and if we wait to ship them until a couple days before Easter, we can squeeze a few more days out of the Difficulty level!
Evil Geniuses. They did it all perfect; absolutely flawless.

Because I'm one of the victims of their delayed tactics I managed to work out a special deal for people who are waiting for refunds from KnC:

Waiting for your Neptune refund?
Secure your place now by sending the reservation fee and pay only 3000$ per unit when required and pay the rest after you get your refund. You will need to have proof of asking refund. That will be mandatory!
5.4 TH/s miner for $4,495, August delivery.

Happy Easter to everyone!

H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
The Avenger
Hero Member
*****
Offline Offline

Activity: 798
Merit: 1000



View Profile
April 19, 2014, 10:02:27 PM
Last edit: April 19, 2014, 10:15:55 PM by The Avenger
 #32460

--snip--
Also, providing the plan B hashpower only in June, the last possible month of their production promise, this shows that they never intended to come anywhere close to Q1 when announcing shipment in Q1/Q2.

While this isn´t legally misleading, it was at least psychologically.

They've done nothing but mislead people and believe that it's solid business practice.

http://www.va.se/special/knc-miner-631834
Quote
The bitcoin fever, just as other gold rushes, has occasionally been chaotic. Large fortunes have been won and lost. Fights, bluffs and mistrust have been common. In short, it has been a bit of a Wild West. Even KNC Miner has a turbulent history. “We lied the whole time.” That is how Andreas Kennemar describes the strategy they used to reach the position they have today within the bitcoin world today, as a respected and profitable company.

Every thing they write is written with an underlying message.

For example, they said the window to switch to the Frankenjups was 7 days, they had them in stock and would ship them immediately. Which would have been shipping Wednesday/Thursday this week, if they had them in stock. So that was more lies.

They later let it slip that "Production is currently ongoing", confirming my hunch from a few days ago that they never built 400 Frankenjups "on spec", the probably just had a working prototype and then put the newsletter out filled with lies, ready to exploit people with inferior technology. 18 Jupiter boards at roughly $200 per boards = you paid $10k (or $12k) for $3.6k of boards rammed into a units with a 90 day warranty, what you usually get with reconditioned/refurbished/used goods. KNC must be rubbing their hands with glee at this robbery their customers have willingly agreed to.

So it's farily easy to conclude they didn't have any Frankenjups "in stock" - it was pure lies. As soon as the 8th April newsletter when out and they started to get interest, they probably started to build these freak machines from the 9th onwards. They probably assume they are genius JIT manufacturers. But they are in fact a corrupt business, built on a model of lying and exploitation of customers and customers money.

When they are interviewed, they seem to think they are morally sound and they are doing something to be proud of. They are supporting the local Boden community, sponsoring the ladies handboll team with fees from the kncwallet app. If only people knew the money is coming from dirty business practices, lies and putting completely fabricated and misleading information out there (e.g. announcing they were "getting closer to the launch date of Neptune" back in February, when now saying they are hoping to start shipping in June  https://bitcointalk.org/index.php?topic=170332.msg6127028#msg6127028 - how is February "close" to June, except in the mind of someone trying to mislead), I dont think they'd be so proud of this "great" Swedish start-up.

When are coindesk and other bitcoin news websites going to stop being toothless whores for these manufacturers and start writing the truth about what they do? I've yet to see the coindesk article where they report on how KNC lied and betrayed their customer based and went well and truly beyond the "not mining more than 5% of the hashrate they sold" (they must be close to almost 100% of that by now with the datorhall) and are basically a corrupt bunch of asshole looting the bitcoin community and should be treated like a whore who is scratching herself way too much - everyone walk away and stay away. Lest you give them more power to thrive on their lies and exploit everyone.

P.S. I am available for children's parties Cheesy

"I am not The Avenger"
1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
Pages: « 1 ... 1573 1574 1575 1576 1577 1578 1579 1580 1581 1582 1583 1584 1585 1586 1587 1588 1589 1590 1591 1592 1593 1594 1595 1596 1597 1598 1599 1600 1601 1602 1603 1604 1605 1606 1607 1608 1609 1610 1611 1612 1613 1614 1615 1616 1617 1618 1619 1620 1621 1622 [1623] 1624 1625 1626 1627 1628 1629 1630 1631 1632 1633 1634 1635 1636 1637 1638 1639 1640 1641 1642 1643 1644 1645 1646 1647 1648 1649 1650 1651 1652 1653 1654 1655 1656 1657 1658 1659 1660 1661 1662 1663 1664 1665 1666 1667 1668 1669 1670 1671 1672 1673 ... 2138 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!