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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007569 times)
RoadStress
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April 24, 2014, 10:45:06 AM
 #32641


I still can't grasp my head around KnC's latest sales decisions. Why would you sell now a controller board when just a few months ago everyone would have given everything for them? Same for the upgrade boards. Unless they plan to unload their whole datacenter jupiters to replace them with neptunes. I can't think of any other reason right now.

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
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elasticband
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April 24, 2014, 10:53:31 AM
 #32642


I still can't grasp my head around KnC's latest sales decisions. Why would you sell now a controller board when just a few months ago everyone would have given everything for them? Same for the upgrade boards. Unless they plan to unload their whole datacenter jupiters to replace them with neptunes. I can't think of any other reason right now.

You answered your own question, everyone wanted them, Including KnC. They ran out of space adding modules to peoples hosted miners to run on the side for themselves and then kept all the control boards for themselves and set up a large data center, probably using November boards, which will be dismantled and sent out to the original hosting customers before KNC deploy their 20nm product in the data center, which the probably own a large % of due to refunds, but it's okay because the mining facility paid for that.
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April 24, 2014, 11:08:18 AM
 #32643


I still can't grasp my head around KnC's latest sales decisions. Why would you sell now a controller board when just a few months ago everyone would have given everything for them? Same for the upgrade boards. Unless they plan to unload their whole datacenter jupiters to replace them with neptunes. I can't think of any other reason right now.

You answered your own question, everyone wanted them, Including KnC. They ran out of space adding modules to peoples hosted miners to run on the side for themselves and then kept all the control boards for themselves and set up a large data center, probably using November boards, which will be dismantled and sent out to the original hosting customers before KNC deploy their 20nm product in the data center, which the probably own a large % of due to refunds, but it's okay because the mining facility paid for that.

The number of people that wanted them back a few months ago was very small compared to the number of boards they needed for the DC so i don't like this argument. If they were selling controller and upgrade boards only for their previous customers i don't see how that could impact them so much.

Edit: I'm not familiar with what paperwork has to be filled when making a refund for an order that was filled with tax authorities last year. Anyone care to share some details about it?

Edit2: On 11 April i made my request and they told me 7-10 business days in the e-mail. If we don't count the Easter Bank holidays then on 29 i'm at the 10th day.

Here is the history:
11 April: "Thank you for the update. Your refund will be processed shortly. "
17 April: "The refund process usually takes between 7-10 business days. Our finance department are extremely busy at the moment but we hope that you will be refunded shortly.

It seems that mining 300k-500k$ per day can't get you a good finance department.

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
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reactor
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April 24, 2014, 12:16:41 PM
 #32644


I still can't grasp my head around KnC's latest sales decisions. Why would you sell now a controller board when just a few months ago everyone would have given everything for them? Same for the upgrade boards. Unless they plan to unload their whole datacenter jupiters to replace them with neptunes. I can't think of any other reason right now.

You answered your own question, everyone wanted them, Including KnC. They ran out of space adding modules to peoples hosted miners to run on the side for themselves and then kept all the control boards for themselves and set up a large data center, probably using November boards, which will be dismantled and sent out to the original hosting customers before KNC deploy their 20nm product in the data center, which the probably own a large % of due to refunds, but it's okay because the mining facility paid for that.

The number of people that wanted them back a few months ago was very small compared to the number of boards they needed for the DC so i don't like this argument. If they were selling controller and upgrade boards only for their previous customers i don't see how that could impact them so much.

Edit: I'm not familiar with what paperwork has to be filled when making a refund for an order that was filled with tax authorities last year. Anyone care to share some details about it?

Edit2: On 11 April i made my request and they told me 7-10 business days in the e-mail. If we don't count the Easter Bank holidays then on 29 i'm at the 10th day.

Here is the history:
11 April: "Thank you for the update. Your refund will be processed shortly. "
17 April: "The refund process usually takes between 7-10 business days. Our finance department are extremely busy at the moment but we hope that you will be refunded shortly.

It seems that mining 300k-500k$ per day can't get you a good finance department.

Because they're full of shit.  Tax liabilities are the responsibility of the vendor and their local market, not the responsibility of the consumer.  It's like going to a local store and them saying they have to check with the state tax office before they can refund you.

And KNC needs their money.  They're buying themselves a special place in tech hell where their names will live on in infamy, kinda like Karpy from Gox, except everyone knew Karpy was overwhelmed and not capable a long time ago.  Sam and co played the community well, for that they should be right professionally fucked if this community has any ability behind it.
elasticband
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April 24, 2014, 12:27:06 PM
 #32645

10 mining boards and 2 control boards = 12+ btc inc VAT + delivery

I am trying to sell 3 cntrl boards and 11 mining boards overclocked to 2.05THPS and won't get anywhere near 10btc
ElGabo
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April 24, 2014, 12:32:00 PM
 #32646

10 mining boards and 2 control boards = 12+ btc inc VAT + delivery

I am trying to sell 3 cntrl boards and 11 mining boards overclocked to 2.05THPS and won't get anywhere near 10btc

Because it not worth more.....  Wink

I won't buy from Knc too for these prices.... (If btc would be 1000.....)

" I'm waiting for my punishment, I know it's on my way
  So cut, cut, cut me up and fuck, fuck, fuck me up"
elasticband
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April 24, 2014, 12:35:41 PM
 #32647

Hey dude, yeah don't worry i know that and i don't expect you to pay anywhere near 10btc.

Sorry i never got back to you, a friend locally said he would come and take them away on Monday for 8btc, so the local pickup made it easier.

sorry dude!
ElGabo
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April 24, 2014, 12:41:30 PM
 #32648

Hey dude, yeah don't worry i know that and i don't expect you to pay anywhere near 10btc.

Sorry i never got back to you, a friend locally said he would come and take them away on Monday for 8btc, so the local pickup made it easier.

sorry dude!

No problem!

It was not aimed to you....

It's for the overall asic business these days.

Not worth to buy machines priced in fiat.

(Keep hodling)

" I'm waiting for my punishment, I know it's on my way
  So cut, cut, cut me up and fuck, fuck, fuck me up"
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April 24, 2014, 12:47:53 PM
 #32649

indeed. I am selling my miners, summer is coming i can't be bothered with the heat again.

My meter only allows 5kw and scaling up it just not possible, even with the future generation machines coming the power/hashrate specs have not been as nice as i would have liked.

If i sold the 2thps of knc HW (2.6kw) i have left at home and waited to buy lets say Asicminer gen3 it looks like i would only get 2.5- 2.7thps for 2.6kw.


mining sucks now unless you can scale up big style. soon will be only a few pools and several large companies.
pvnamk19
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April 24, 2014, 01:41:32 PM
 #32650

Due to some unforeseen reasons, we now can provide you pre-mined, naked Jupiters 1140 GHs at ~ 2.6 USD/GHs  Grin Grin Grin
Why don't they off-load these stuffs to byteminr.com?
Micky25
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April 24, 2014, 01:47:19 PM
 #32651

because Byteminr allready has the Neptunes.
The Avenger
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April 24, 2014, 02:38:00 PM
 #32652

because Byteminr allready has the Neptunes.
Byteminr is probably being dissolved to make way for KNC Cloud Hashing and these controllers are probably their old controller boards.

Or they are the original "not more than 5%" controller boards from knc's old data centre.

Or people who's 6 months hosting has come to an end can't be bothered to pay to have their rigs shipped back to them, so KNC are selling their parts  Tongue Grin

"I am not The Avenger"
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2112
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April 24, 2014, 02:45:58 PM
 #32653

And the Bitfury chip was supposed to be 5Gh.... it's no more of a win than anyone elses has been.
Bitfury was a single-man operation working out of a garage somewhere in Ukraine doing his first silicon. It was already full-custom while the competitor all-star-teams did standard-cell. Maybe it doesn't rate as a big win but could rate as a lowest loss. Certainly the guy gets a medal for testicular fortitude.

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bitcoiner23
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April 24, 2014, 03:33:17 PM
 #32654

I always get nice answers after maximum 1 or 2 days:
Quote
Please accept our apologies for the delay. We aim to answer all emails within 24 hours, but with the 4 day weekend, there has been quite a backlog.
We will have some more news regarding the Neptune coming shortly.
Red Star Mining
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April 24, 2014, 04:52:18 PM
 #32655

We applied for our Neptune refunds on April the 9th IIRC and received it earlier today.
Bitice
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April 24, 2014, 05:11:26 PM
 #32656

And one more...

Requested a refund of my Neptune order yesterday and got a reply today saying it will be processed within 10-15 working days.
Doge-dealer
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April 24, 2014, 05:19:37 PM
 #32657

Why are all you guys refunding?

Which company is trust able and can deliver asic SCRYPT miners this summer other than knc I dont want to risk with knc as they sound shady as hell. Please suggest minimum 150mhs.

I Sell Dogecoins 24/7 Just Pm Me For Purchase
raskul
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April 24, 2014, 05:22:27 PM
 #32658

Why are all you guys refunding?

Which company is trust able and can deliver asic SCRYPT miners this summer other than knc I dont want to risk with knc as they sound shady as hell. Please suggest minimum 150mhs.

I don't think it has anything to do with the ability to produce a product, if you read the thread, you may find it has everything to do with how KnC decided to go off on a jolly and produce a dat0rhall to compete directly with their customers. Which, incidentally, they will do exactly the same with SCRYPT. A leopard does not change it's spots.

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NetTime
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April 24, 2014, 05:56:41 PM
 #32659

Finally received my refund in BTC for 2 Neptunes.  Good riddance to these epic tossbags.
RoadStress
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April 24, 2014, 06:02:23 PM
 #32660

And the Bitfury chip was supposed to be 5Gh.... it's no more of a win than anyone elses has been.
Bitfury was a single-man operation working out of a garage somewhere in Ukraine doing his first silicon. It was already full-custom while the competitor all-star-teams did standard-cell. Maybe it doesn't rate as a big win but could rate as a lowest loss. Certainly the guy gets a medal for testicular fortitude.


For me he deserves a medal too and all the respect for the big balls.

Why are all you guys refunding?

Which company is trust able and can deliver asic SCRYPT miners this summer other than knc I dont want to risk with knc as they sound shady as hell. Please suggest minimum 150mhs.

People are refunding Neptunes, not Titans. You can't refund Titans.

iCEBREAKER is a troll! He and cypherdoc helped HashFast scam 50 Million $ from its customers !
H/w Hosting Directory & Reputation - https://bitcointalk.org/index.php?topic=622998.0
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