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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007306 times)
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May 14, 2014, 04:52:41 PM
 #33721

poodle honestly, your not helping.

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May 14, 2014, 05:05:59 PM
 #33722

Just share some process to everyone, miners is getting expensive.
and you should do some research to know more.



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May 14, 2014, 05:07:10 PM
 #33723


 How about treating us with the same dignity as the ones you sent the newsletter to?


...And how were we treated with "dignity" again?  I must have missed that part.


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May 14, 2014, 05:09:15 PM
 #33724


 How about treating us with the same dignity as the ones you sent the newsletter to?


...And how were we treated with "dignity" again?  I must have missed that part.

i got a newsletter  Grin lucky me.
chip specs for the titan??!! WTF... where are the chip specs for the Neptune!?

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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May 14, 2014, 05:11:38 PM
 #33725


 How about treating us with the same dignity as the ones you sent the newsletter to?


...And how were we treated with "dignity" again?  I must have missed that part.

i got a newsletter  Grin lucky me.
chip specs for the titan??!! WTF... where are the chip specs for the Neptune!?
Yeah dammit!  I feel so abused and abandoned now... with dignity, of course.


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May 14, 2014, 05:12:06 PM
 #33726

Calling their Super Jupiters CRA*** MINERS brought me a deletion of my blog post of KnC's latest "Update" and this final warning:

Hi,

I have seen that you are frequently using bad language on our forum. While I understand that you have a problem and that you are frustrated, language like this is not tolerated and is extremely distasteful.

Please use this as your final warning. Any further obscene language used will result in your account being banned.

Dear Kurt, Dear KnC!

May I tell you in a very polite language that I feel SCAMMED. I feel betrayed and I feel cheated. I feel having been made FUN of with your latest update in which you state:

Finally, we'd like to add that we really appreciate our customers' investments in our state-of-the-art chip designs and we'll make sure our customers get the most out of these upcoming aggressive KnC-designed advantages.

I have been one of your first customers and I have invested quite a lot of money in your company. I made the HUGE mistake trusting your words and converting a Neptune to a Super Jupiter as I do not believe you will ship out in time after Q1 has well passed. I got sent a pile of broken ASIC boards in thin aluminium cases, no protection for the controller boards and parts have been fallen off...

A replacement shipment was not better. Boards are not working and even shut down my PSU's. During a 12 hour testing period your miners reached 113 degrees Celsius, which Kurt commented is no problem as they are designed to run up to 130 degrees Celsius.

I am sorry that I strongly disagree with this assessment, so does my technician. I do not think that your miners are safe to run in my private household.

You refer to your Terms & Conditions and suddenly I am not a customer but I am a business and KnC doesn't take any responsibility for their products/

SERIOUSLY?HuhHuh

I sit on a pile of "wonderful greatly engineered Bitcoin miners" but I do not have the confidence nor trust to run them without supervision even if Kurt replaces all the broken ASIC boards as he constantly asks me to RMA them. I have been told that I will not get a refund even I am willing to return all of their miners to them.....

But I get news that KnC is opening a "wonderful 'new cutting edge' data center" - I am still asking myself if this data center is running on the same "wonderful greatly engineered Bitcoin miners, the same model as the Super Jupiters" Huh?

Kurt, please end this now...we, all of the Super Jupiter customers who are not happy with their 10.000 - 13.000 USD investment ask you to return those wonderful miners to you, you can put them back into your data centre in Sweden and PLEASE REFUND US THE MONEY.

Do you really want more and more bad publicity, court trials, media reports?

WE ARE NOT HAPPY WITH THE SECOND HAND MATERIAL WE GOT SENT

WE DO NOT FEEL SECURE TO RUN IT

IF YOU THINK ITS NOT OUR RIGHT TO EXPRESS THIS, THEN PLEASE CENSOR ALSO THIS MESSAGE.

I AM UPSET, YES, I WORKED HARD TO GET 10.000 USD TOGETHER TO BUY A NEPTUNE. I WAS ONE OF THE FIRST IN THE QUEUE, STAYED UP LATE JUST TO MAKE IT FIRST IN THE LINE.

I HAVE LOST TRUST IN KNC. I DO NOT THINK YOU WILL EVER SHIP YOUR NEPTUNES AND YOUR REFUSAL TO GIVE REFUNDS ON THE TITAN INDICATE THAT YOU MIGHT NOT HAVE ENOUGH FUNDS TO BUILD THEM EVEN.

BUT THAT IS NOT MY PROBLEM

WE ARE UNHAPPY. WE DEMAND TO GET OUR MONEY BACK. PUT YOUR WONDERFUL SUPER JUPITERS BACK IN YOUR DATA CENTRE AND GIVE US BACK THE MONEY

WE WONT BE SILENT.

It's a lot of money for us. We feel betrayed. We are your customers. How about treating us with the same dignity as the ones you sent the newsletter to?


they want me to send back the 18+7 boards that dont work, then theyll send 7 back to me.  So far ive found 9 partly working boards.  It will have to be shipped on my dime too, no ups or dhl here.  
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May 14, 2014, 05:24:01 PM
 #33727

I thought they said the first shipment was ours to keep?
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May 14, 2014, 05:27:09 PM
 #33728


 How about treating us with the same dignity as the ones you sent the newsletter to?


...And how were we treated with "dignity" again?  I must have missed that part.

i got a newsletter  Grin lucky me.
chip specs for the titan??!! WTF... where are the chip specs for the Neptune!?

No chip spec for the Neptune, but they reminded everyone once again that they will open a cloud mining service which will compete with their own customers and which will make their customers earn less bitcoins after they promised that they will NOT compete with their customers. Good job KnC! Fucking liars! Mega fail!

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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May 14, 2014, 05:28:14 PM
 #33729

We can of course offer you any RMA boards that are broken.

I am assuming that the complete 18 ASIC boards from the 1st shipment are completely destroyed and that you are talking about the 7 ASIC boards from the replacement shipment that are broken.

In that case, you will need to send back the original 18 ASIC boards + the 7 from the replacement shipment that are broken. Once we receive these we can then issue you the 7 boards to complete your 3TH/s unit.

Please let me know if that is correct?

Med vänlig hälsning |  Best regards

Kurt Radcliffe
Kncminer
www.kncminer.com

Office: +46 8559 253 20
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May 14, 2014, 05:35:39 PM
 #33730


So, if received on or before the 28th?
I think yours were already mailed at that point, right?
Friggin' lame.
So, yeah, looks like he thought there would be good boards left from the original,
Keeps on sucking worse and worse this Franken-Deal.


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May 14, 2014, 05:46:34 PM
 #33731


So, if received on or before the 28th?
I think yours were already mailed at that point, right?
Friggin' lame.
So, yeah, looks like he thought there would be good boards left from the original,
Keeps on sucking worse and worse this Franken-Deal.


Don't think there is any honesty nor money left in KnC...they are bankrupt...they went Gox

Refunds take more and more time to process
They prefer to have a court trial over the Super Jupiter crap they sent us
Refuse refunds on Titans
No product updates on Neptunes

KnC is bust....
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May 14, 2014, 05:48:40 PM
 #33732

Don't think there is any honesty nor money left in KnC...they are bankrupt...they went Gox

Refunds take more and more time to process
They prefer to have a court trial over the Super Jupiter crap they sent us
Refuse refunds on Titans
No product updates on Neptunes

KnC is bust....

Hard to be bankrupt with a 10MW DC...But yes they suck.

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joeventura
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May 14, 2014, 06:12:35 PM
 #33733


So, if received on or before the 28th?
I think yours were already mailed at that point, right?
Friggin' lame.
So, yeah, looks like he thought there would be good boards left from the original,
Keeps on sucking worse and worse this Franken-Deal.


Don't think there is any honesty nor money left in KnC...they are bankrupt...they went Gox

Refunds take more and more time to process
They prefer to have a court trial over the Super Jupiter crap they sent us
Refuse refunds on Titans
No product updates on Neptunes

KnC is bust....

You are incorrect.


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5craziest
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May 14, 2014, 06:49:51 PM
 #33734

Don't think there is any honesty nor money left in KnC...they are bankrupt...they went Gox

Refunds take more and more time to process
They prefer to have a court trial over the Super Jupiter crap they sent us
Refuse refunds on Titans
No product updates on Neptunes

KnC is bust....

Hard to be bankrupt with a 10MW DC...But yes they suck.


Everyone says they can't be broke b/c they have this big data farm, but is there any reliable data on what kind of revenue it's producing and what the operating costs are?  Just curious what they're net revenue is
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May 14, 2014, 06:51:38 PM
 #33735

Don't think there is any honesty nor money left in KnC...they are bankrupt...they went Gox

Refunds take more and more time to process
They prefer to have a court trial over the Super Jupiter crap they sent us
Refuse refunds on Titans
No product updates on Neptunes

KnC is bust....

Hard to be bankrupt with a 10MW DC...But yes they suck.


Everyone says they can't be broke b/c they have this big data farm, but is there any reliable data on what kind of revenue it's producing and what the operating costs are?  Just curious what they're net revenue is

not to mention TAXES. may KnC be stung for 200% by the government of Scandinaviland.

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May 14, 2014, 07:02:05 PM
 #33736

What if the DC isnt a KNC thing anymore, maybe they sold all the boards for i dont know 1$ to their own daughter company? KNC broke, daughter company liquid Wink

think about it.
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May 14, 2014, 07:18:54 PM
 #33737

What if the DC isnt a KNC thing anymore, maybe they sold all the boards for i dont know 1$ to their own daughter company? Wink KNC broke, daughter company liquid Wink

think about it.

This was my first thought, too.

kncminer.com is owned by Kennemar & Cole AB. The Neptunes which I ordered were paid to KnC 20nm AB, while they write on the homepage that the content is copyrighted by KnCMiner AB.

KnC Cloud is operated by KnC Group AB while the domain is owned by KncMiner AB.

We all do not know how they have transfered the assets internally and if they have intercompany loans.

They once wrote that they make 400'000 US$ per day by mining. This is, however, already a couple of diff-adjustments ago (gosh, do I really start to measure time in diff-changes?)
underneath_the_water_line
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May 14, 2014, 07:35:38 PM
 #33738

What if the DC isnt a KNC thing anymore, maybe they sold all the boards for i dont know 1$ to their own daughter company? Wink KNC broke, daughter company liquid Wink

think about it.

This was my first thought, too.

kncminer.com is owned by Kennemar & Cole AB. The Neptunes which I ordered were paid to KnC 20nm AB, while they write on the homepage that the content is copyrighted by KnCMiner AB.

KnC Cloud is operated by KnC Group AB while the domain is owned by KncMiner AB.

We all do not know how they have transfered the assets internally and if they have intercompany loans.

They once wrote that they make 400'000 US$ per day by mining. This is, however, already a couple of diff-adjustments ago (gosh, do I really start to measure time in diff-changes?)





If I may ask, how do you know that your payment were made out to KnC 20 nm AB? Did you by any chance pay by bank transfer?

I paid through BitPay and don't recall anything regarding that specific company name. It is a truly interesting observation on your part. This is one of the reasons I want to collect information on KNC's mining operations and their address' but the community didn't seem too keen on it. Fearmongering they say...
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May 14, 2014, 08:11:21 PM
 #33739

any news on class action lawsuit

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fubly
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May 14, 2014, 08:33:10 PM
 #33740

If KNC delivers with this specs for on Neptune order:

2 x 3600 Gh/s
2 x 2100 Watt
01. June shipping date

Also the Bitcoin price remains at 450USD or less.
Diff growth rate 15%. Then...
PowerCost: 0.10 USD / Kw/h

If KNC is starting shipping the miner on 1. June to the customers who has 1. unofficial Batch, then these customers
will never have an BEP.

Because:

Mining Start: 01. June 2014 Mining End: 05. Feb. 2015
My Ghs: 7,200
--------------------------------------------------------------------
Result on 05. Feb. 2015

  • Diff:96,361,146,364
    btc/day/1Gh/s: 0.0000052230
    Next Diff in: 14 Days
    Mined Bitcoins: 37.4079456
    Earned befor powercost: 16,190.16 USD
    Powercost: 3,916.08 USD
    Earned: 12,274.08 USD
--------------------------------------------------------------------

Starting down trend!
--------------------------------------------------------------------
Result on 19. Feb. 2015

  • Diff:110,815,318,319
    btc/day/1Gh/s: 0.0000045420
    Next Diff in: 14 Days
    Mined Bitcoins: 37.8657792
    Earned befor powercost: 16,388.31 USD
    Powercost: 4,142.88 € USD
    Earned: 12,245.43 € USD
--------------------------------------------------------------------

For all other KNC customers, the day on which the powercost is higher then mined btc.

If anyone want the math sheet, then pm me, Thanks for 0,15 btc

My conclusion: the price for one Gh/s must be under 1 USD

 
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