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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3012020 times)
opentoe
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May 21, 2014, 04:28:31 PM
 #34061


 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!

PLEASE everyone! Keep in mind, EVERY newsletter you see by KNC is a marketing tool/tactic. It isn't to supply you with any reasonable information. They are worded very professionally, not technically all for future sales/customer's. It ALL boils down to one thing and one thing only. SALES. SALES. SALES. Every word, every newsletter is incur potential sales. That's the only reason or anyway KNC can stay afloat is to get as many sales as they can.

Maybe you don't believe this, but that's the only reason why a company would have any reason to speak to its customers, SALES and more SALES and potential SALES.

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The Avenger
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May 21, 2014, 05:03:32 PM
 #34062

so what kind of queue is this??


perhaps with the slight price rise they will either rush out some more refunds

or maybe just stall some more and hope they can give us 1BTC refund...


--snip--
So y'all have 10 days left to bail, then KNC owns your cash  Grin
^^^^^^^^^^^^

If they can delay you another 10 days, like I said, you will get hashing the datacentre and they will get your money. There will be no more refunds after 1st June, believe me.

Ring them up and tear them a new arsehole. You have 10 days left to get a refund.

"I am not The Avenger"
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May 21, 2014, 05:06:07 PM
 #34063

I didn't see this posted in the past few pages, apologies if I missed it

http://www.reddit.com/r/Bitcoin/comments/260in3/kncminercom_puts_butterfly_labs_bad_reputation_to/

Quote
Here is a short list of things the people at KnCMiners have got away with the last couple of months.
-KnCMiners has sent out old dirty used components as "New Products" and refused Refunds as frustrated customers find themselves in limbo.
Evidence:
*case
-KnCMiner sending out hardware not even correctly essambled, using rubber bands to hold compents together. To top stuff off, they are blaming the carreir, stating that if they had not been so wreckless if handling, that the rubber band holding the head sinks and other components to the board, would have been good enough
Evidence:
*case 1
*case 2
*case 3
*case 4
*case 5
*case 6
*case 7
-KnCMiner.com crooks are sending out units that are not even functional then refusing any refunds
Evidence:
*case 1
-KnCMiners.com tried to quietly change their ToS to avoid refunds, then calimed these were always the terms and conditions
Evidence:
*case 1
*case 2
-KnCMiners has been heavily censoring topics people requesting information about legals rights, attempts at trying to organize a civil action, threatening members that their "account is in risk of being being jeopardizes/lost" if they post anything negative.
-KnCMinesr customers trying to connect with other members outside of the strictly censored forums for the sake of working together to find solutions to what KnCMiner has done to them, have had their accounts completely banned.
-KnCMiner using their position in a foreign country for most all their customers as a buffer to get away with what ever conduct they wish to engage in.
Please Note there are many more cases! These are just a few

Awesome! Repost it far and wide. #cleanupcrypto

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opentoe
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May 21, 2014, 06:53:49 PM
 #34064

after meeting orama, he was very short in hat he would say. he is of the opinion he owes no one anything, be that a thank you, a sorry or a explanation, he stopped working at KnC months agp but cannot really talk about it, he recons he is due thousands from KnC and he got paid very little for his work.

since leaving KnC he has had nothing to do with bitcoin, why he was at the 2014 confrenece I don't know. basically he struck me as  a ittelegent guy but quite naive in his thinking. it was hard to.push him for answers, I suspect I very tight NDA keeping him quiet. while I was informing my friend David and trying to push on certain parts of.KnC's contempt and dishonesty, I could almost see Alex nodding in agreement, it was like I was watching the back of his head but knew this jaw and mouth were moving to mimic and copy the words I was speaking.

I met Alex with a friend of mine David Bailey, he runs ybitcoin magazine, whom KnC along with many other BTC companies are paid advertises. I tried my hardest to point out KnC crowd funding their own data center, breaking network protection, owning 11% of network and screwing franken jup customers.

Basically David was having none of it, he had very little understanding of what KnC had done over the last 6 months, although he has met them and thinks they are intelligent and full of charisma, he has never been a customer, only a paid advertiser. I am sure he told.me KnC are the best company to date and he has spoke or read reviews from customers which say so.

I feel as if we the community should show ybitcoin the real KnC and encourage them to be dropped as advertisers. either that of boycot the magazine.

bitcoin has taken a large turn for me recently, I have been learning and studying since 2011 and so much has changed, mostly in the last 6-12 months. who knows if I will stick around for the next 3 years.


Has had nothing to do with bitcoin, but was at a bitcoin conference.

My suggestion is just not to believe anyone.

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May 21, 2014, 07:22:49 PM
 #34065

I think one of the hashing boards in one of my November Jupiters just failed.

Basically, whenever I connect power to this board, it seems to short out the power supply so the power supply won't turn on. I've tried two different power supplies, and the same thing happens with them both when this board is plugged in.

The unit runs fine with the other three hashing boards plugged into the power supply.

I'm going to remove the bad board and inspect it tonight, but I think it's done.

This Jupiter started acting up a week ago and would randomly stop hashing, and I suspect this was the cause.

Are you trying to use multi-rail PSUs? My guess is yes. Use a good quality, Gold or Platinum single rail PSU for all mining rigs. Seasonic, Corsair and EVGA make the best PSUs for mining in my opinion.
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May 21, 2014, 07:36:49 PM
 #34066

Are you trying to use multi-rail PSUs? My guess is yes. Use a good quality, Gold or Platinum single rail PSU for all mining rigs. Seasonic, Corsair and EVGA make the best PSUs for mining in my opinion.

I have to throw a shout-out for XFX supplies.  They're priced well, single rail, and the higher output units are made by Seasonic.

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May 21, 2014, 07:39:41 PM
 #34067

Are you trying to use multi-rail PSUs? My guess is yes. Use a good quality, Gold or Platinum single rail PSU for all mining rigs. Seasonic, Corsair and EVGA make the best PSUs for mining in my opinion.

I have to throw a shout-out for XFX supplies.  They're priced well, single rail, and the higher output units are made by Seasonic.



i'm a great fan of the corsair 1200i's i get all jelly-legged when i play with their UI  Undecided

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May 21, 2014, 07:43:02 PM
 #34068

So what has to happen for mining to remain profitable in 2015 ?

I've said this several times. Mining bitcoin on the consumer level is over. Normal households cannot supply enough electricity or cooling power to any mining rigs that can break even in an normal amount of time. And I'm not speaking to those guys that re-wired their homes and added special cooling to keep mining at "home".

When I see people posting their pictures of their gear more and more of it is in some commercial data center they rented or work.  If you work for a company that can provide the space and free electricity then you are really lucky, but in my opinion consumer mining is over. While there will always be guys running video cards, spending more money on hardware and electricity, that doesn't count. I'm talking about current hardware/specs/profit at the given time.


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May 21, 2014, 08:11:45 PM
 #34069

Kurt (kncminer)
May 21 14:37

Hi,

Yes, you have 90 days warranty on the boards, but we will require the 18 broken ASIC boards back before we initiate any RMA's for these.

I will now place your controllerboard/beaglebone RMA in the RMA queue.

Thanks,

Med vänlig hälsning |  Best regards

Kurt Radcliffe
Kncminer
www.kncminer.com

Office: +46 8559 253 20




Kurt (kncminer)
May 21 14:40

Hi,

Many apologies for the misinformation. Before we can initiate any RMA numbers for broken parts, we will require the original owner of the order to contact us to notify us that he has relinquished ownership of the order and passed this to you.

Kind regards,



I am absolutely fucken speachless, 7 days fucking around.....



Im going to finish posting our conversation online to show people how you have just been fucking me around.  Knc is the fucken worst company I have ever dealt with and I will  Never buy your fucken products again

yes thanks for reporting , i know how you feel ... i was ripped off by lightningasic.com and got nothing but grief.. we should stick together... why is it every time a company wants thousands of dollars for a product they think it is ok to only take a payment that is unsecured, therefore leaving them holding all the cards when things dont go right
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May 21, 2014, 08:31:00 PM
 #34070

Are you trying to use multi-rail PSUs? My guess is yes. Use a good quality, Gold or Platinum single rail PSU for all mining rigs. Seasonic, Corsair and EVGA make the best PSUs for mining in my opinion.

I have to throw a shout-out for XFX supplies.  They're priced well, single rail, and the higher output units are made by Seasonic.



I have an XFX Pro 1000w that has been absolutely rock solid running a Bitfury rig for the better part of a year. But as with any manufacturer, stay away from the low-end multi-rail units.

I love the Corsair AX1200i PSUs too but the EVGA Supernova 1300 G2 are $100 less and have excellent reviews. They are Gold rated but some reviews say they could be easily be Platinum rated. But alas, the don't have the fancy USB interface/GUI that the Corsairs have. But I don't find that useful for Bitcoin mining rigs anyways.
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May 21, 2014, 08:34:17 PM
 #34071

Are you trying to use multi-rail PSUs? My guess is yes. Use a good quality, Gold or Platinum single rail PSU for all mining rigs. Seasonic, Corsair and EVGA make the best PSUs for mining in my opinion.

I have to throw a shout-out for XFX supplies.  They're priced well, single rail, and the higher output units are made by Seasonic.



I have an XFX Pro 1000w that has been absolutely rock solid running a Bitfury rig for the better part of a year. But as with any manufacturer, stay away from the low-end multi-rail units.

I love the Corsair AX1200i PSUs too but the EVGA Supernova 1300 G2 are $100 less and have excellent reviews. They are Gold rated but some reviews say they could be easily be Platinum rated. But alas, the don't have the fancy USB interface/GUI that the Corsairs have. But I don't find that useful for Bitcoin mining rigs anyways.

true enough, the UI is pretty pointless in terms of mining... i've never owned an EVGA, i'll need to have a look into that this coming winter when the space heaters come outta the cupboards  Grin

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May 21, 2014, 08:34:55 PM
 #34072

I just don't know how to react this update, 21 May, still not get your 20nm chips, so we still need to expecting assembly and SMT process, btw does bare board already available?

Now, we can counting how many lead time we are still expecting, well it will be at least 3 weeks to go if you got chip by next week; and does boxes of Nipy ready? how many time they consume to assembly a machine, oh my dear it will be another month to start shipping if you have chip by next week(Monday)......... Cry   

And according to the latest tap out news, there is at least 2 weeks to expecting 20nm chips, Oh be serious my dear~ shortest leadtime is 5 weeks to go my guess~   


 Roll Eyes

https://bitcointalk.org/index.php?topic=551261.0

OK, ^in my post I reckoned Q4 end. but i'm an eternal pessimist, you are likely to have a neptune, in hand, hashing, in September (if KfC can build with ZERO problems)

And still need time to tune up firmware and performance, but hope it will be a happy ending for every body, and take this experience for not to let every one upset again~ cheers~ Grin
At this stage I'm more worried about Plan B. I hope it comes online on-time and with full 3 TH/s hashing power running 24x7.

I also hope they don't switch Plan B off for a week after they ship your Neppy, as it takes about a week to receive a unit what with shipping time plus customs delays.

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May 21, 2014, 08:52:00 PM
 #34073

So what has to happen for mining to remain profitable in 2015 ?

I've said this several times. Mining bitcoin on the consumer level is over. Normal households cannot supply enough electricity or cooling power to any mining rigs that can break even in an normal amount of time. And I'm not speaking to those guys that re-wired their homes and added special cooling to keep mining at "home".

When I see people posting their pictures of their gear more and more of it is in some commercial data center they rented or work.  If you work for a company that can provide the space and free electricity then you are really lucky, but in my opinion consumer mining is over. While there will always be guys running video cards, spending more money on hardware and electricity, that doesn't count. I'm talking about current hardware/specs/profit at the given time.



+1,I'm selling all my BTC mining gear & going altcoin  Cry  Only 4 months or so & the home miner is done  Cry


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May 21, 2014, 10:46:30 PM
 #34074

I've been following this thread for some time now.  And there isn't much talk about Titans.

I'm planning to buy one, can anyone give some more insight?

All I'm seeing here is that ''It might ship broken'' ''It'll die in 4 months from heat''

As far as sending them a bank transfer of $10K, I'll be risking that along with will the machine even work  Sad

Someone stop me before I do it or someone give me a push to do it is what I'm looking for.

With the current rate of Doge or Lite coin.  Let's say I get $400 / 300/MHS that's $12K a month. I'll make it back in a month. Or am I walking into a scam right now.

Because people don't usually dump out $10k without a return policy. There is a NO RETURN POLICY in there for a reason and the reason is KNC has no idea on how this "Titan" will end up.

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May 21, 2014, 10:51:46 PM
 #34075

So what has to happen for mining to remain profitable in 2015 ?

I've said this several times. Mining bitcoin on the consumer level is over. Normal households cannot supply enough electricity or cooling power to any mining rigs that can break even in an normal amount of time. And I'm not speaking to those guys that re-wired their homes and added special cooling to keep mining at "home".

When I see people posting their pictures of their gear more and more of it is in some commercial data center they rented or work.  If you work for a company that can provide the space and free electricity then you are really lucky, but in my opinion consumer mining is over. While there will always be guys running video cards, spending more money on hardware and electricity, that doesn't count. I'm talking about current hardware/specs/profit at the given time.



+1,I'm selling all my BTC mining gear & going altcoin  Cry  Only 4 months or so & the home miner is done  Cry



yep, I'm currently looking to rent out a space from my friend in a building and build a mini DC for myself Smiley shouldn't cost that much...i get to keep mining and enjoy living in my home again Cheesy hehe maybe even try and host other ppl's stuff if they want but it won't be upto par with the rest of the big guys DC's thats for sure...

I've been following this thread for some time now.  And there isn't much talk about Titans.

I'm planning to buy one, can anyone give some more insight?

All I'm seeing here is that ''It might ship broken'' ''It'll die in 4 months from heat''

As far as sending them a bank transfer of $10K, I'll be risking that along with will the machine even work  Sad

Someone stop me before I do it or someone give me a push to do it is what I'm looking for.

With the current rate of Doge or Lite coin.  Let's say I get $400 / 300/MHS that's $12K a month. I'll make it back in a month. Or am I walking into a scam right now.

Because people don't usually dump out $10k without a return policy. There is a NO RETURN POLICY in there for a reason and the reason is KNC has no idea on how this "Titan" will end up.

with Big Risk comes Big Gains Cheesy all upto whether you want to gamble on it or not ^^ really wanna spend 10k on equipment that could blow up before that first month? these units won't be tested, and you know how great these asic companies are for uber awesome RMA...lmao well good luck if you do decide to go for it

Dreams of cyprto solving everything is slowly slipping away...Replaced by scams/hacks Sad
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May 21, 2014, 10:55:13 PM
 #34076

I think one of the hashing boards in one of my November Jupiters just failed.

Basically, whenever I connect power to this board, it seems to short out the power supply so the power supply won't turn on. I've tried two different power supplies, and the same thing happens with them both when this board is plugged in.

The unit runs fine with the other three hashing boards plugged into the power supply.

I'm going to remove the bad board and inspect it tonight, but I think it's done.

This Jupiter started acting up a week ago and would randomly stop hashing, and I suspect this was the cause.

Are you trying to use multi-rail PSUs? My guess is yes. Use a good quality, Gold or Platinum single rail PSU for all mining rigs. Seasonic, Corsair and EVGA make the best PSUs for mining in my opinion.

No, I'm using a EVGA SuperNOVA 1000G2 PSU, which is solid. I tried two different PSUs, and neither of them will even turn on when the bad hashing board is the only thing connected to them.

Also, the Jupiter runs fine when I connect the other three hashing boards to the exact same PSUs.

This miner had been running fine 24-7 since early December.
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May 21, 2014, 11:23:26 PM
 #34077

I think one of the hashing boards in one of my November Jupiters just failed.

Basically, whenever I connect power to this board, it seems to short out the power supply so the power supply won't turn on. I've tried two different power supplies, and the same thing happens with them both when this board is plugged in.

The unit runs fine with the other three hashing boards plugged into the power supply.

I'm going to remove the bad board and inspect it tonight, but I think it's done.

This Jupiter started acting up a week ago and would randomly stop hashing, and I suspect this was the cause.

Wow that sucks. Remember you are SOL if you try and RMA it. knfail decided to alter the T&C to now state only a 3 month warranty on any of their products, unless you have a copy that you printed out with your order.
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May 22, 2014, 01:09:07 AM
 #34078

I think one of the hashing boards in one of my November Jupiters just failed.

Basically, whenever I connect power to this board, it seems to short out the power supply so the power supply won't turn on. I've tried two different power supplies, and the same thing happens with them both when this board is plugged in.

The unit runs fine with the other three hashing boards plugged into the power supply.

I'm going to remove the bad board and inspect it tonight, but I think it's done.

This Jupiter started acting up a week ago and would randomly stop hashing, and I suspect this was the cause.

Wow that sucks. Remember you are SOL if you try and RMA it. knfail decided to alter the T&C to now state only a 3 month warranty on any of their products, unless you have a copy that you printed out with your order.

You don't need a copy you can get the October 28th version here: http://web.archive.org/web/20131028025145/https://www.kncminer.com/pages/tandc

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May 22, 2014, 02:41:54 AM
 #34079

I also hope they don't switch Plan B off for a week after they ship your Neppy, as it takes about a week to receive a unit what with shipping time plus customs delays.

I don't mean to rain on anyone's parade but I thought Sam said it's either or, Plan B or wait, did he change it?
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May 22, 2014, 03:31:40 AM
 #34080

I also hope they don't switch Plan B off for a week after they ship your Neppy, as it takes about a week to receive a unit what with shipping time plus customs delays.

I don't mean to rain on anyone's parade but I thought Sam said it's either or, Plan B or wait, did he change it?

From https://www.kncminer.com/news/news-75
Quote
Plan B

As you are all aware we broke many world records in releasing the 28nm chip in such a short amount of time. We are a very ambitious company but even for us, to go “all in” and not be able to deliver on our performance targets, like our competition, would be completely unacceptable to us as a company and everything we stand for. So today we are introducing, Plan B.
 
To make sure that everyone who has paid for their Neptune gets their hashing power we are building a data centre like no other. It is located in the north of Sweden not far from Facebook and other Mega Data Centres and it’s totally powered by renewable energy.
 
Over the next few months we are bringing online enough hashing power to make sure that any delay in the Neptune timeline will be compensated with a completely free hosted hashing packages to all fully paid customers.
 
In the addition to this commitment, as part of Plan B, for all Neptune customers, we will be offering a free conversion to a hosted hashing package where we will simply fill your wallets directly and you won’t have to worry about anything else. All the other costs taken care of by us. We are able to do this by using our 28nm chips which is why all products that we have coming out of our factory in the next few months will go into building and supplying the Plan B facility.
 
If, during the course of development of Neptune, there is any threat to the timelines for delivery, those delays will not result in the loss of any mining time for our Neptune customers. We will release more details of this as we get closer to the delivery date, but for now we have one of the world’s largest data centres to build.

I read "any delay in the Neptune timeline will be compensated with a completely free hosted hashing packages to all fully paid customers" as meaning that Plan B will kick in at the point when your Neptune should have shipped and will continue until it is shipped.

Then separately, if you want to convert your Neptune to a hosted plan, you can.

I think it would be good if KnCMiner could clarify these questions and release more details of how Plan B will work.  June is not far away!

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