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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007431 times)
Syke
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May 14, 2014, 08:42:39 PM
 #33741

If KNC delivers with this specs for on Neptune order:

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

There's no way they're delivering 2x3600 in June. None. Why bother estimating the impossible?

Buy & Hold
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raskul
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May 14, 2014, 08:45:08 PM
 #33742

If KNC delivers with this specs for on Neptune order:

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

There's no way they're delivering 2x3600 in June. None. Why bother estimating the impossible?

September.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
RealMalatesta
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May 14, 2014, 08:46:57 PM
 #33743

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...

When I asked for their banking information, they wrote:

For Bank Transfers;
In the reference please add your order number only (no product name) so we can track your payment
Payment must be in USD.
Please use the following details:

Bank Name: SEB (Skandinaviska Enskilda Banken)
Account Name: KnC 20nm
IBAN (USD): SE3250000000054238221028
BIC/SWIFT: ESSESESS
Bank Address: SEB, Stureplan 2, 106 40 STOCKHOLM/SWEDEN
KnC 20nm AB address: Birger Jarlsgatan 33 5tr, Stockholm, 111 45, Sweden.

Once I have all the documents from the Swedish registry of commerce, I'll post them here.
raskul
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May 14, 2014, 08:48:21 PM
 #33744

^ CRAFTY AS FUCK.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
fubly
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May 14, 2014, 09:00:27 PM
 #33745

If KNC delivers with this specs for on Neptune order:

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

There's no way they're delivering 2x3600 in June. None. Why bother estimating the impossible?

And yes, it will be impossible to have an BEP with batch 0 / 1 / 2 / 3. You are so right.

I think mining is death and also the rest.
Phoenix1969
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May 14, 2014, 09:24:16 PM
 #33746

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.
about 56% actually...
Sweden has a progressive income tax, the rates for 2014 are as follows:
From Wiki...
0% from 0 kr to 18,800 kr (~0 - 2,690 USD)
Circa 31% (ca. 7% county and 24% municipality tax): From 18,800 kr to 433,900 kr (~2,690 - 62,140 USD)
31% + 20%: From 433,900 kr to 615,700 kr (~62,140 - 88,180 USD)
31% + 25%: Above 615,700 kr (88,180 USD and up)
but hefty


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LetItRide
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RealMalatesta
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May 14, 2014, 09:33:59 PM
 #33747

any news on class action lawsuit


No and Yes.

First of all, it is not a "Class Action" - this is an instrument mainly known in the US legislation.

Second: I am working with one of the hugest lawfirms in Sweden. They first had to check in all of their offices and with their lawyers if there is any conflict of interest.

The good news: No, there isn't. The bad news: This took a couple of days. I wrote today a summary of events and have sent it to them, describing the different kinds of "victims":
- Persons who didn't get their money back
- Persons who received broken Frankenjupiters

I'm waiting now for a response from the lawyers and will - depending on their response - open an own thread for this.
Zelek Uther
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May 14, 2014, 09:51:37 PM
 #33748

If KNC delivers with this specs for on Neptune order:

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

There's no way they're delivering 2x3600 in June. None. Why bother estimating the impossible?

https://www.kncminer.com/news/news-87
Quote
each customer who ordered a first or second batch Neptune, will get a minimum 6TH for each order, with their original 3TH product shipped in June and the free “third batch” machine delivered in August.

1 Neptune in June and 1 Neptune in August... not 2 Neppys in June.

Run a Bitcoin node, support the network.
How to compile and run bitcoind on a Raspberry Pi
fubly
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May 14, 2014, 10:06:07 PM
 #33749

If KNC delivers with this specs for on Neptune order:

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

There's no way they're delivering 2x3600 in June. None. Why bother estimating the impossible?

https://www.kncminer.com/news/news-87
Quote
each customer who ordered a first or second batch Neptune, will get a minimum 6TH for each order, with their original 3TH product shipped in June and the free “third batch” machine delivered in August.

1 Neptune in June and 1 Neptune in August... not 2 Neppys in June.

I know this before! Thought for thought.

What we need is an bitcoin price of 1400 USD and more
RoadStress
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May 14, 2014, 10:49:24 PM
 #33750

any news on class action lawsuit


No and Yes.

First of all, it is not a "Class Action" - this is an instrument mainly known in the US legislation.

Second: I am working with one of the hugest lawfirms in Sweden. They first had to check in all of their offices and with their lawyers if there is any conflict of interest.

The good news: No, there isn't. The bad news: This took a couple of days. I wrote today a summary of events and have sent it to them, describing the different kinds of "victims":
- Persons who didn't get their money back
- Persons who received broken Frankenjupiters

I'm waiting now for a response from the lawyers and will - depending on their response - open an own thread for this.

Taking a couple of days to check stuff up can't be a bad thing. Let us know of any other updates. I have some bitcoins that beg me to be turned into belgian beers.

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
mo_mo
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May 14, 2014, 10:50:28 PM
 #33751

Anyone got there btc refund after switching from wire ?
I requested a wire refund in beginning of April,  now changed to btc, still waiting for the refund.
All you get is a genetic bs email reply
RoadStress
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May 14, 2014, 10:52:42 PM
 #33752

Anyone got there btc refund after switching from wire ?
I requested a wire refund in beginning of April,  now changed to btc, still waiting for the refund.
All you get is a genetic bs email reply

Try calling them on the phone.

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
RealMalatesta
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May 14, 2014, 11:00:30 PM
 #33753

any news on class action lawsuit


No and Yes.

First of all, it is not a "Class Action" - this is an instrument mainly known in the US legislation.

Second: I am working with one of the hugest lawfirms in Sweden. They first had to check in all of their offices and with their lawyers if there is any conflict of interest.

The good news: No, there isn't. The bad news: This took a couple of days. I wrote today a summary of events and have sent it to them, describing the different kinds of "victims":
- Persons who didn't get their money back
- Persons who received broken Frankenjupiters

I'm waiting now for a response from the lawyers and will - depending on their response - open an own thread for this.

Taking a couple of days to check stuff up can't be a bad thing. Let us know of any other updates. I have some bitcoins that beg me to be turned into belgian beers.

You write the magic words... Belgian Beer....(writing a message of urgence to the lawyers...)
joeventura
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May 14, 2014, 11:01:18 PM
 #33754

any news on class action lawsuit


You think if you just keep saying it, it will materialize?

BitCoinRateWatcher.com One stop for latest rates from MtGox, Bitstamp, CampBx, Coinbase and Bitpay all on one mobile friendly screen.
RealMalatesta
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May 14, 2014, 11:03:08 PM
 #33755

any news on class action lawsuit


You think if you just keep saying it, it will materialize?

Maybe a better idea: Turn "Nabucco" into "Noneptue"-chorus.
AFox
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May 14, 2014, 11:03:43 PM
 #33756

https://www.kncminer.com/news/news-87
Quote
each customer who ordered a first or second batch Neptune, will get a minimum 6TH for each order, with their original 3TH product shipped in June and the free “third batch” machine delivered in August.

1 Neptune in June and 1 Neptune in August... not 2 Neppys in June.
Or 2 Neptunes in August Roll Eyes

My lucky BTC address : 1LoTTerY3WYbGxVRHvh8oDudDdTxFvvqWF
Powell
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May 14, 2014, 11:04:04 PM
 #33757

Has anyone ever taken off the cover on the ASIC itself for the heatsink (I don't know the correct term for it) that covers the actual ASICs?  I've got a dead board I was going to do something with and think it would look better without it.  I wasn't sure how to go about it just yet.
timmmers
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May 14, 2014, 11:35:17 PM
 #33758

In that news email they say on schedule etc etc Q1/Q2 . No wonder they aren't bothered about timing so much, they obviously developed a time machine because Q1 is well gone now.

The Jups etc. were KNC partnered with ORSOC, they made big play on this expertise. KNC were simply a marketing company with ORSOC doing the real work, and neither with experience of the nuts and bolts of manufacturing and what comes after like packing ( a skill they still seem not to have mastered). As we know, the tech side went great, the marketing went great...what each was good at. The rest, not good at all really.

So the current situation is KNC marketing again using every trick in the book to seperate customers and their cash. The same people looking after customers...no-one much. But why, after they did so well 1st time aren't ORSOC involved this time? The fact that they aren't seems important to me. At the very least it means that anything prior to this product may as well be another company and past engineering and design work is not to be used for predicting what is happening now because different people are involved as well as different product specs.

I hope anyone who saw the light had their cash back, those who still sing the song of fanboi deserve what they get Smiley
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May 14, 2014, 11:44:41 PM
 #33759

Has anyone ever taken off the cover on the ASIC itself for the heatsink (I don't know the correct term for it) that covers the actual ASICs?  I've got a dead board I was going to do something with and think it would look better without it.  I wasn't sure how to go about it just yet.

You going to try and remove the IHS eh?  On CPUs they are held on with a bead of epoxy resin around the edge.  A very thin blade will cut it with much work but you must not go too deep as not to cut the chip itself.

There are vids online about removing IHS's, just check youtube.

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
BitJrive
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May 15, 2014, 12:20:43 AM
 #33760

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

Great.... So what that means is they are going to take all those boards clean them up and ship them to some other poor fool even if they only partially hash, or put them back online at the dator hall. Makes me want to set mine up at the range and put a 7.62x39 right down the center of the asic and send it back.
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