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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3006800 times)
solarion
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May 06, 2014, 12:08:06 AM
 #33321

someone tell me what the fuck is going on

In a nutshell, knc has seemingly joined the ranks of the customer funded ventures who have grown large enough that they've decided customers are an unnecessary liability.

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May 06, 2014, 12:12:59 AM
 #33322

can someone please tell me what my replacement was meant to have in it?Huh?

i have 18 boards half with no thermal paste and the other half with smeared thermal paste across the board

am I supposed to buy my own thermal paste for the heatsyncs?HuhHuh

am I supposed to buy my own wire to tie town the heatsyncs?Huh

someone tell me what the fuck is going on
Mayhem... In the meantime... go get thermal paste, and wire those bastards on just like they did. You may be able to re-use the same wire. Either way, we're talking ten bucks and a trip to Fry's. It may not ship well, but it will work. Consider yourself lucky it wasnt another assembled unit...  time is money... Go!

BTW.. congrats  You are the first I heard got 18 "good" boards. (or at least whole)



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May 06, 2014, 12:42:16 AM
 #33323

What delivery date did KNC promise for the Neptune ?
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May 06, 2014, 01:08:29 AM
 #33324

What delivery date did KNC promise for the Neptune ?
"Early June" for the datacenter compensation 'till it ships.


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May 06, 2014, 01:08:57 AM
 #33325

What delivery date did KNC promise for the Neptune ?

Q1/Q2 of 2014, which translates to June 30th, 2014.
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May 06, 2014, 01:16:30 AM
 #33326

What delivery date did KNC promise for the Neptune ?

Q1/Q2 of 2014, which translates to June 30th, 2014.

So its not late yet, right ?
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May 06, 2014, 01:20:36 AM
 #33327

What delivery date did KNC promise for the Neptune ?

Q1/Q2 of 2014, which translates to June 30th, 2014.

So its not late yet, right ?
Correct. They stated shipping as "Q1/Q2".

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May 06, 2014, 01:22:39 AM
 #33328

ok, just curious … what is all the angst about … the datacenter ?
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May 06, 2014, 01:48:23 AM
 #33329

ok, just curious … what is all the angst about … the datacenter ?
Early on KnCMiner stated that they would never mine with more than 5% of the hash rate they sell.  It was a form of customer protection, a hand-on-heart to say "we will not compete with our customers".

The statement is still there on the FAQ page:
Quote
Why are you selling the Miners and don’t mine yourself (will you use the miners for mining yourself)?
We are mining ourselves, but we believe in the bitcoin project and a diversified market is the best for all parties. We will continue to mine but we do not believe in a monopoly of miners. We will not mine with more than 5% of the hash rate we sell, and we will never mine with customer hardware.

Miners don't like Datorhall, because it is a mining mammoth, for pictures see https://bitcointalk.org/index.php?topic=7216.msg6304946#msg6304946

As a miner, those endless rows of ASICs in that huge ex-helicopter hangar is anathema.  Miners have all kinds of emotional responses: nausea... feeling of hopelessness... awe.

KnCMiner may have 11.5% of the ENTIRE bitcoin hash rate, see http://organofcorti.blogspot.co.nz/2014/04/april-27th-2014-weekly-hashrate.html

They took the first Neptune orders in November 2013, and Datorhall popped up not long after.  Some people believe that the "Death Star" was financed using our pre-order money.  Terrible thought.  Imagine competing against a vast army of ASICs that was funded with your pre-order money?

We're all feeling the pinch of the rising mining difficulty.  To increase our dwindling share of the total pie, we order the latest and greatest miner from (at the time) the ASIC mining company with the best reputation.  But instead of getting more hashrate, we have funded one of the largest bitcoin mining farms in the world, which increases the mining difficulty, hence decreasing our profits - our own money being used against us.

We don't have proof of this.  Maybe most (or all) of the Neptune pre-order money has been sunk into 20nm development, and Datorhall was funded solely from 28nm sales.  Even so, miners don't want to compete with an ASIC manufacturer who can purchase their own miners at cost.  If they had so much profit from 28nm, perhaps they should have done the decent thing and funded 20nm out of that.

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May 06, 2014, 02:09:35 AM
 #33330

Right, I've followed that chain of events/thoughts pretty well so far, and I am familiar with organofcorti's claims too.

The data hall is full of jupiters, not neptunes, right ?

And it is hash power from this hall which makes it possible for KNC to provide you with a plan B in case Neptune is late, right ?

So basically,  many of you cancelled your Neptune orders for refunds or for FrankenJupiter pain when Neptune wasn't late, and those of you who didn't got rewarded with the promise of a 2 for 1 deal.

And you cancelled because KNC built a data hall out of company profits and started mining bitcoin just like everybody else ?

The only complexity in this story seems to be their promise not to mine with more than 5% of the hashrate they sell …  I guess if organofcorti's analysis is correct, the claim that they broke this promise must be true.

Good luck to all of you miners hoping to have bitcoin mining all to your self.
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May 06, 2014, 02:13:45 AM
 #33331

What delivery date did KNC promise for the Neptune ?

I didnt get 18 working boards, I got 18 boards and NO PASTE OR WIRE, unable to test without the paste

great knc I can even see the paste smudges on the boards where you have tried to clean the chip

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May 06, 2014, 02:20:36 AM
 #33332

only solution - get refunds. These people suck, plain and simple. Stop being dumbass doormats funding these tools and putting up with being treated like dogs.
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May 06, 2014, 02:31:59 AM
 #33333

ok, just curious … what is all the angst about … the datacenter ?
From news on 4/08/2014:


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May 06, 2014, 02:32:55 AM
 #33334

What delivery date did KNC promise for the Neptune ?

I didnt get 18 working boards, I got 18 boards and NO PASTE OR WIRE, unable to test without the paste

great knc I can even see the paste smudges on the boards where you have tried to clean the chip
OMG. You're not back from the store yet?
Get with the program.
What do you want?....  To wait for them to ship you paste and wire?
The coin you could have made today would have already covered the cost of paste and wire...
and nobody is going to show up at your door to assemble it.
It's up to you how much you want to lose by dilly-dallying around.


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edgar
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May 06, 2014, 02:50:29 AM
 #33335

Right, I've followed that chain of events/thoughts pretty well so far, and I am familiar with organofcorti's claims too.

The data hall is full of jupiters, not neptunes, right ?

And it is hash power from this hall which makes it possible for KNC to provide you with a plan B in case Neptune is late, right ?

So basically,  many of you cancelled your Neptune orders for refunds or for FrankenJupiter pain when Neptune wasn't late, and those of you who didn't got rewarded with the promise of a 2 for 1 deal.

And you cancelled because KNC built a data hall out of company profits and started mining bitcoin just like everybody else ?

The only complexity in this story seems to be their promise not to mine with more than 5% of the hashrate they sell …  I guess if organofcorti's analysis is correct, the claim that they broke this promise must be true.

Good luck to all of you miners hoping to have bitcoin mining all to your self.

Good luck understanding what is obvious when you ignore what is obvious!

did KnC offer 2 for one Neptunes for NO reason??

Are they holding back the 3TH that were paid for MONTHS ago for no reason??

Did they lie about not having enough module ports/control boards/etc etc for no reason??

Are they mining with more than 10% of the ENTIRE network for no reason?? (Not less than 5% of what they have sold)

Did they ship out boxes and boxes of used/damaged hardware for no reason??

Did they then resend out more boxes of used/damaged hardware wrapped in a bit of wire for no reason??

Did they tell investduhs who spent a miminum of 10 THOUSAND USD to 'just push it back in place with a pencil' for no reason??

Did they rivet the cases shut with multiple warnings that opening them will result in the loss of the '90 day warranty' for no reason??

Has Phonie X the helpful scammer turned up out of the blue with a buttload of 'support' for no reason??

Like i said....

Good luck understanding what is obvious when you ignore what is obvious!

BitJrive
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May 06, 2014, 02:56:20 AM
 #33336

So I went all "datorhall" on my set up. Was able to drop my temps by over 10c.  chugging away at 3.5 TH/s
s1gs3gv
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May 06, 2014, 03:04:24 AM
 #33337

Edgar, hysteria does not suite you.

The Swedes do seem to value loyalty highly. This story could almost be set in the context of the epic Nordic/Mediterranean personality differences.

It looks like those of you who got emotional about KNC entering the mining business and converted their Neptune orders to FrankenJups before Neptune was late shot themselves in the foot and also got messed with by KNC.


ninjenten
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May 06, 2014, 03:05:51 AM
 #33338

are there any new updates with KNC? 

Free Sharecoin. SUcYLGYEQvEELRGKrRZPebGiu1FvG9URvs
s1gs3gv
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May 06, 2014, 03:07:00 AM
 #33339

So I went all "datorhall" on my set up. Was able to drop my temps by over 10c.  chugging away at 3.5 TH/s



You should have used Elfa shelving L)L

L1ttleBit
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May 06, 2014, 03:12:07 AM
 #33340

KnC's recent sucking may have something to do with the timing of this:

--->>>  Swedes to give six-hour workday a go

http://www.thelocal.se/20140408/swedish-workers-to-test-six-hour-work-days

But I mean seriously, KnC -- what the heck is going on.   So you shipped the Super Jupiters to get back at your best customers?

Swedes.
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