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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3007777 times)
Soros Shorts
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June 23, 2014, 11:08:09 AM
 #35681

Just got tracking numbers for all of my CA orders.
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June 23, 2014, 11:25:38 AM
 #35682

Just got tracking numbers for all of my CA orders.

Good to hear I'm not the only one  Wink ... feels so lonely here on that big planet called Neptune....
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June 23, 2014, 11:29:52 AM
 #35683

Wtf.

In line to be made.   Means not made.

Not shipped.

No more refunds. 

Holding people and their money hostage.

er unclear on this whole refund option...I assume (prob wrongly) that if you asked for a refund BEFORE their announcement of NO refunds you will get a refund...OR
are they simply gonna ship your product instead in lieu of your requested refund (some of which are 3 months late)

am I just being paranoid or could they actually get away with withholding your refund $$$ for that long and say 'screw you' and ship the unit at this late date and be golden?

(i converted to Titan..I get to go thru all of this crap sometime in the future FML)

Searing


Currently if you were waiting for a refund before production started your refund will be honoured (at some point in the future)

However you won't get to "go thru all of this crap" as there are no refunds on Titans Smiley

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June 23, 2014, 11:35:29 AM
 #35684

Wtf.

In line to be made.   Means not made.

Not shipped.

No more refunds. 

Holding people and their money hostage.

er unclear on this whole refund option...I assume (prob wrongly) that if you asked for a refund BEFORE their announcement of NO refunds you will get a refund...OR
are they simply gonna ship your product instead in lieu of your requested refund (some of which are 3 months late)

am I just being paranoid or could they actually get away with withholding your refund $$$ for that long and say 'screw you' and ship the unit at this late date and be golden?

(i converted to Titan..I get to go thru all of this crap sometime in the future FML)

Searing


Currently if you were waiting for a refund before production started your refund will be honoured (at some point in the future)

However you won't get to "go thru all of this crap" as there are no refunds on Titans Smiley

Searing meant he has to play the waiting game for his Titan delivery, not refund.
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June 23, 2014, 11:40:20 AM
 #35685

I feel screwed when I know that KnC's "hash while you wait" means forfeiting "Neptune two-for-one"!

KnC announced "hash while you wait" on April 8, saying first batch customers will start their cloud mining from early June and the last customer will hash in their data center around the last week of June. Now this is close to the end of June, and finally the Plan B arrived.

On April 28, KnC announced that "KnCMiner, the most trusted brand in Bitcoin mining, announced today that it will give every current customer who has an outstanding order for a machine from its Neptune line’s first two batches a free Neptune from its upcoming “third batch” of Neptunes."  I felt happy when KnC announced this, because it shows KnC at least tries to bring more profits to the customers (although, in fact, two Neptune still cannot reach ROI). To my understanding, this is a bonus/gift/giveaway from KnC, it has nothing to do with the compensation due to delay of delivery.

In the email I receved from KnC two days ago, I am notified to choose either "hash while you wait" or "switch to Titan". There was no terms saying that by select any of the options, the "neptune two-for-one" plan will no longer be valid. I read their T&C (convert.kncminer.com/terms/), the two options they offered has nothing to do with the two-for-one plan, therefore I signed up "hash while you wait", happily waiting for the cloud mining next week, first Neptune by the end of June, and second one in August.

Then I read the forum discussion, and I know that KnC actually use "hash while you wait" in replace of "neptune two-for-one"! I feel totally cheated and pissed off! How come KnC breaks their public promises, and deprive my rights by just giving some vague and ambiguous terms and conditions?

I use the online calculator for some maths: https://bitcoinwisdom.com/bitcoin/calculator. (I set the difficulty increase 20%, power consumption 2.1kW, the rest parameters are with default values)

I spent 12999 USD on 3TH Neptune. With current difficulty, even if I start mining today, I can mine up to 6BTC before electricity fee exceeds the income. Suppose bitcoin price is 600USD, I can get back 3600 USD. There is still a gap of 9399USD!

If I receive a second neptune by Aug 31 (earliest estimated delivery date), then before electricity bill wins, I can mine up to 8.4 BTC together with the first neptune. This is about 5040USD in total. And the gap is still 7959USD!

"hash while you wait" has a max period of 45 days. Suppose I don't receive my neptune and therefore I use up all the cloud mining time, then I can get around 3.8BTC, equivalent to 2280USD. Of course, if KnC ships my first Neptune by end of June, then I only get 0.8-0.9 BTC while waiting...

So, even if I have both "hash while you wait" and "neptune 2-for-1", I can get maximum $(5040+2280)=$7320. The gap is $5679.

If I only have "hash while you wait" and one neptune, then revenue is $(3600+2280)=$5880, gap is $7119!

Now I can buy a 1TH miner for about 1500-1700 USD(e.g. http://www.lketc.com/goods/show-172.aspx  the dragon miner, one of the well-known mining rigs in China), and such mining rig is in stock and can be delivered in 2-3 days. With 12999 USD, I can buy up to 7-8 TH mining power! This is far more than 6TB that KnC can provide.

KnC said Neptune is to be delivered in Q1/Q2, and they make customers believe it refers to March/early April. Now it is the very end of Q2, and I feel disappointed.

KnC said the "hash while you wait" will be started in early June, and it is delayed, and I feel disappointed.

Now KnC will revoke their promises of give away a second Neptune, I am totally pissed!

Me too

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June 23, 2014, 11:59:47 AM
 #35686

Wtf.

In line to be made.   Means not made.

Not shipped.

No more refunds. 

Holding people and their money hostage.

er unclear on this whole refund option...I assume (prob wrongly) that if you asked for a refund BEFORE their announcement of NO refunds you will get a refund...OR
are they simply gonna ship your product instead in lieu of your requested refund (some of which are 3 months late)

am I just being paranoid or could they actually get away with withholding your refund $$$ for that long and say 'screw you' and ship the unit at this late date and be golden?

(i converted to Titan..I get to go thru all of this crap sometime in the future FML)

Searing


Currently if you were waiting for a refund before production started your refund will be honoured (at some point in the future)

However you won't get to "go thru all of this crap" as there are no refunds on Titans Smiley

Searing meant he has to play the waiting game for his Titan delivery, not refund.

It didn't read that way, but then this is Searing we are talking about, almost "Joycean" in his stream of conciousness writing style Smiley

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June 23, 2014, 12:48:04 PM
 #35687

Wtf.

In line to be made.   Means not made.

Not shipped.

No more refunds. 

Holding people and their money hostage.

er unclear on this whole refund option...I assume (prob wrongly) that if you asked for a refund BEFORE their announcement of NO refunds you will get a refund...OR
are they simply gonna ship your product instead in lieu of your requested refund (some of which are 3 months late)

am I just being paranoid or could they actually get away with withholding your refund $$$ for that long and say 'screw you' and ship the unit at this late date and be golden?

(i converted to Titan..I get to go thru all of this crap sometime in the future FML)

Searing


Currently if you were waiting for a refund before production started your refund will be honoured (at some point in the future)

However you won't get to "go thru all of this crap" as there are no refunds on Titans Smiley

Searing meant he has to play the waiting game for his Titan delivery, not refund.

It didn't read that way, but then this is Searing we are talking about, almost "Joycean" in his stream of conciousness writing style Smiley

Lol, right. But I know Searing's back story. I've been reading the novel.
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June 23, 2014, 12:53:55 PM
 #35688


Lol, right. But I know Searing's back story. I've been reading the novel.

he has a titan ordered; i'm led to believe. did you know?  Tongue

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
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June 23, 2014, 01:13:10 PM
 #35689

How many VGA ram heatsinks must take for one Neptune
And what dimension
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June 23, 2014, 01:23:45 PM
 #35690



Thank you for you postings Elenelen. I've already ordered these because of your postings:

http://www.newark.com/aavid-thermalloy/374124b00032g/heat-sink/dp/53R2166


These folks have great prices

http://www.ebay.com/usr/wedoheatsink2013
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June 23, 2014, 01:48:15 PM
 #35691

How many VGA ram heatsinks must take for one Neptune
And what dimension

You can put as many as possible on the metal plate.:



but I don't know if that helps much to lower the VRM-temps.

Probably more rigorous DIY is needed by replacing the whole metal-plate (and fasten the Tower in a different way).
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June 23, 2014, 01:55:49 PM
 #35692

yep, tracking for all CA Batch received.


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June 23, 2014, 01:58:58 PM
 #35693

How many VGA ram heatsinks must take for one Neptune
And what dimension
Zero... don't you see the huge plate over them?
otherwise... if you remove the plate(s) you probably have 4 vrm's per box, so 20 per Neptune if you rip everything apart...
they are about the size of a nickel maybe. (2cm?)


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June 23, 2014, 02:00:17 PM
 #35694

Anna (kncminer)
Jun 23 11:37

Hello,

Your choice of Hash while you wait was cancelled as per your request.
We respect your choice and your miner will soon be produced and shipped to you. As well, you will be able to receive your bonus miner in the future.


Best regards  |
Med vänlig hälsning

Anna Jagdhar

Kncminer
www.kncminer.com
Office: +46 8559 253 20
-----------------------------------

AND I got my tracking number for the CA batch.

Order number 115xx.

My heart rate it's back to normal.

Thanks to all the guys that posted about the trap here.

Cheers.

BTC: 17sz6AoYVpwXjaStmnVCsGTufUhvrAMhTw
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June 23, 2014, 02:03:50 PM
 #35695

my heart only rated to normal when receive my refunds

for 3 terahash i already ask frankienjupters
we have hope neptune have more hash but no ! 20nn is fucked in speed

looking job
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June 23, 2014, 02:04:20 PM
 #35696

How many VGA ram heatsinks must take for one Neptune
And what dimension
Zero... don't you see the huge plate over them?
otherwise... if you remove the plate(s) you probably have 4 vrm's per box, so 20 per Neptune if you rip everything apart...
they are about the size of a nickel maybe. (2cm?)

8 VRMs per board. Just like Nov Jupiter boards.
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June 23, 2014, 02:04:48 PM
 #35697

Probably more rigorous DIY is needed by replacing the whole metal-plate (and fasten the Tower in a different way).

I would probably go back to the old mounting method for the heatsink plus separate VRM heatsinks, I suspect that will provide a better setup since you can get better contact with the individual VRM heatsinks.

1CPi7VRihoF396gyYYcs2AdTEF8KQG2BCR
https://www.bitworks.io
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June 23, 2014, 02:08:45 PM
 #35698

How many VGA ram heatsinks must take for one Neptune
And what dimension
Zero... don't you see the huge plate over them?
otherwise... if you remove the plate(s) you probably have 4 vrm's per box, so 20 per Neptune if you rip everything apart...
they are about the size of a nickel maybe. (2cm?)

No there are 8 !
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June 23, 2014, 02:10:41 PM
 #35699

Probably more rigorous DIY is needed by replacing the whole metal-plate (and fasten the Tower in a different way).

I would probably go back to the old mounting method for the heatsink plus separate VRM heatsinks, I suspect that will provide a better setup since you can get better contact with the individual VRM heatsinks.

Yes that is the idea... and some additional Fan's as well.
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June 23, 2014, 02:15:06 PM
 #35700

Not at plate
You must put off the metal plate

Put off the stickers of vrms
And then put memory heatsink at vrm

Still no tracking number for me
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