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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3046303 times)
s1gs3gv
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July 06, 2014, 08:45:01 PM
 #36521

Well, I wonder if that blip on the 504 line is the Titan's coming up in the KNC datacenter ?

https://bitcoinwisdom.com/litecoin/difficulty
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July 06, 2014, 08:49:42 PM
 #36522

probably a scam Wink scams are all the rage nowdays

Here is a direct link to the announcement https://cryptostocks.com/announcements/2838


Yup, a Stock mining scam, you believe everything you read huh?  Roll Eyes

A scam ... in the crypto world ?
No way …. you couldn't find such a bunch of nice, altruistic, generous and reality based people anywhere else


Seriously, if this is a scam its a pretty blatant one: 'We have Titans next week … send us your money' blatant

~L)L~
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July 06, 2014, 09:50:26 PM
Last edit: July 06, 2014, 10:21:17 PM by Phoenix1969
 #36523

We must stop this. We have a responsibility to ourselves, and don't need for bitcoin to have yet another black eye.
Did Whios....
*Reporting them right now to GoDaddy.
Even if it was true, he's selling "stocks" illegally as well. Now GoDaddy can investigate.


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The Avenger
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July 06, 2014, 10:58:36 PM
 #36524

Day of Reckining 2: Neptune edition Cheesy



I'm pretty sure we are past the day of reckoning.

How do neptombers feel about being defrauded well into Q3?

Do we think August is a new realistic date for Neptunes shipping, given we have to wait for new wafers and chips?

No KNC customers even a little mad at being lied to and misled?

"I am not The Avenger"
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July 06, 2014, 11:09:49 PM
 #36525

Day of Reckining 2: Neptune edition Cheesy



I'm pretty sure we are past the day of reckoning.

How do neptombers feel about being defrauded well into Q3?

Do we think August is a new realistic date for Neptunes shipping, given we have to wait for new wafers and chips?

No KNC customers even a little mad at being lied to and misled?
Not sure what you mean... I received both CAbatch neppie orders over a week ago, and some people in Batch one even got Neptunes, when there was supposed to be a 2 week break between the CA and batch one.
Compensation for late time-frames has been announced as a second Neptune at the end of batch 3 unless you "took the shaft" on the cloud hosting deal, or got an early "FrankenJupiter"; so they actually have another week before they were supposed to start shipping batch one customers if you account for the promised two week delay between batches.


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July 06, 2014, 11:26:32 PM
 #36526

Neptunes selling for less than $7k on ebay. Those who spent $10k or $13k and are still waiting for delivery - we salute you! And KNC would like to thank you for your charitable donations to build their datorhalls.

http://www.ebay.com/itm/KNC-KncMiner-Neptune-3Ths-3-Ths-20nm-Bitcoin-BTC-Miner-First-Batch-3TH-IN-HAND-/331248909042
$6,600.00


http://www.ebay.com/itm/KNC-KncMiner-Neptune-3Ths-3-Ths-20nm-Bitcoin-BTC-Miner-First-Batch-3TH-IN-HAND-/231268676280?pt=US_Virtual_Currency&hash=item35d8aff2b8
$6,900.00



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July 06, 2014, 11:40:08 PM
 #36527

so they actually have another week before they were supposed to start shipping batch one customers if you account for the promised two week delay between batches.

But then there was that promised Q2 delivery of batch 1 to consider
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July 06, 2014, 11:48:12 PM
 #36528

so they actually have another week before they were supposed to start shipping batch one customers if you account for the promised two week delay between batches.

But then there was that promised Q2 delivery of batch 1 to consider

They should have shipped EVERYTHING ordered before February 2014 in Q2. Anything less is fraud/deception/misrepresentation/lies/false advertising etc...

Just to remind some people, I reported KNC were running this banner on google in February:

KnCMiner 3+ TH/s Bitcoin - kncminer.com‎
Ad www.kncminer.com/bitcoin/miner‎
Neptune Miner Pre-order for $9,995Shipment begins in Q2 of 2014

So every order they took b4 February *has* to ship before Q2 ends, right?

You can't start shipping batch 3 until you've finished shipping batch 0/1/2 right? So if you are going to start shipping Batch 3 in Q2, then shipping on all previous batches have to be completed already in Q2? Otherwise that would be like total fraud and misselling.

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July 07, 2014, 01:16:48 AM
Last edit: July 07, 2014, 01:30:02 AM by Phoenix1969
 #36529

so they actually have another week before they were supposed to start shipping batch one customers if you account for the promised two week delay between batches.

But then there was that promised Q2 delivery of batch 1 to consider

They should have shipped EVERYTHING ordered before February 2014 in Q2. Anything less is fraud/deception/misrepresentation/lies/false advertising etc...

Just to remind some people, I reported KNC were running this banner on google in February:

KnCMiner 3+ TH/s Bitcoin - kncminer.com‎
Ad www.kncminer.com/bitcoin/miner‎
Neptune Miner Pre-order for $9,995Shipment begins in Q2 of 2014

So every order they took b4 February *has* to ship before Q2 ends, right?

You can't start shipping batch 3 until you've finished shipping batch 0/1/2 right? So if you are going to start shipping Batch 3 in Q2, then shipping on all previous batches have to be completed already in Q2? Otherwise that would be like total fraud and misselling.
Haaha, omg...
"Q" stands for "Quarter", and a year has 12 months.
Q1= Jan, Feb, March
Q2 = April, May, June
Q3 = July, Aug, Sept
Q4 = Oct, Nov, Dec
When they shipped a single machine on June 30th, Shipment indeed began in Q2, just as promised. They did not promise that "all" of any batch would be shipped before then. Key word being "begins" in the phrase "Shipment begins in Q2 of 2014".
Same, exact situation as when the first Jupiter shipped on the last possible day to fulfill the statement.
I don't know where you got the idea everything promised to begin shipping in Q2 was supposed to ship before February, but.... You are wrong.

Since a few of B1 machines were also shipped June 30th, that promise of "beginning" shipment in Q2 was also fufilled


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July 07, 2014, 01:24:27 AM
 #36530

They should have shipped EVERYTHING ordered before February 2014 in Q2. Anything less is fraud/deception/misrepresentation/lies/false advertising etc...

Just to remind some people, I reported KNC were running this banner on google in February:

KnCMiner 3+ TH/s Bitcoin - kncminer.com‎
Ad www.kncminer.com/bitcoin/miner‎
Neptune Miner Pre-order for $9,995 Shipment begins in Q2 of 2014

So every order they took b4 February *has* to ship before Q2 ends, right?

You can't start shipping batch 3 until you've finished shipping batch 0/1/2 right? So if you are going to start shipping Batch 3 in Q2, then shipping on all previous batches have to be completed already in Q2? Otherwise that would be like total fraud and misselling.
KNC stated for Batch 1 (link & source) :
  • will be shipping in Q1/Q2 of 2014
  • Shipment begins in Q1/Q2 of 2014

And for Batch 2, March 29th 2014 (link & source) :
  • Neptune is our first 20nm product and will be shipping in Q2 of 2014
  • Shipment begins in Q2 of 2014

Finally for Batch 3 (link & source) :
  • This order is for the Third batch which will leave about one month after the Second batch
  • Shipment begins one month after Batch 2

They never stated that they are going to ship batch 3 in Q2. What are you talking about ?!
The only thing they stated for Batch 3 is above; "Shipment begins one month after Batch 2".

Also there is a big difference between "Shipment begins in Q2", as KNC stated, and "Shipment finishes in Q2", as you are interpreting and inventing.







And I think them stating yesterday they ran out of wafer/chips is acknowledging a major delay in the Neptune delivery timeline.

So KNC is either guilty of fraud or misrepresentation - you or your lawyer decide.
How do neptombers feel about being defrauded well into Q3?

Do we think August is a new realistic date for Neptunes shipping, given we have to wait for new wafers and chips?

No KNC customers even a little mad at being lied to and misled?
Batch 0, 1 and 2 won't have any problems with chips and wafers. Kurt, from KNC stated it himself : link







Neptunes selling for less than $7k on ebay. Those who spent $10k or $13k and are still waiting for delivery - we salute you! And KNC would like to thank you for your charitable donations to build their datorhalls.

http://www.ebay.com/itm/KNC-KncMiner-Neptune-3Ths-3-Ths-20nm-Bitcoin-BTC-Miner-First-Batch-3TH-IN-HAND-/331248909042
$6,600.00

http://www.ebay.com/itm/KNC-KncMiner-Neptune-3Ths-3-Ths-20nm-Bitcoin-BTC-Miner-First-Batch-3TH-IN-HAND-/231268676280?pt=US_Virtual_Currency&hash=item35d8aff2b8
$6,900.00
Actually it currently takes 10 days with 3.3 TH/s to mine a bitcoin.
Damn that's bad.

Looks like Neptombers, all costs considered, paid about $2000 per bitcoin.
So they just lied to people, nothing more or less. Like the lie of claiming they would deliever all units by Oct 15th, even though they knew from the beginning of October they could never achieve that. And a million others if I could be bothered to dig them out.

And I noted 3 other lies knc told to decieve customers above, please address those too if you wish to defend KNC's policy of deceipt.
KNC's entire business is built on a pathological level of lies/fraud/deception/misrepresentation.
And these last 4 quotes sums up very well what you are : a big Troll.

The Avenger, please stay off this topic and go Troll elsewhere.

My lucky BTC address : 1LoTTerY3WYbGxVRHvh8oDudDdTxFvvqWF
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July 07, 2014, 01:24:58 AM
 #36531

oh ya everyone is fine here with knc...move along, nothing to see here...hehe

although this knc drama has been interesting to say the least

Dreams of cyprto solving everything is slowly slipping away...Replaced by scams/hacks Sad
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July 07, 2014, 01:57:48 AM
Last edit: July 07, 2014, 03:03:25 AM by Phoenix1969
 #36532

oh ya everyone is fine here with knc...move along, nothing to see here...hehe

although this knc drama has been interesting to say the least
I wouldn't go THAT far (everything fine), but it's clearly not near as bad as some "Exquisite Trolls" make it out to be.  Wink

*This is NOT an endorsement to buy ANY miner.


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RoadStress
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July 07, 2014, 03:31:34 AM
 #36533

Not sure what you mean... I received both CAbatch neppie orders over a week ago, and some people in Batch one even got Neptunes, when there was supposed to be a 2 week break between the CA and batch one.
Compensation for late time-frames has been announced as a second Neptune at the end of batch 3 unless you "took the shaft" on the cloud hosting deal, or got an early "FrankenJupiter"; so they actually have another week before they were supposed to start shipping batch one customers if you account for the promised two week delay between batches.

This is one more reason to feel good about my refund. I thought CA batch paid 3k$ more for having 2-4 weeks head start which allowed them to mine a bit more than the others. More FU in the face for its loyal customers from KnC.

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July 07, 2014, 03:54:36 AM
Last edit: July 07, 2014, 04:30:08 AM by Phoenix1969
 #36534

Not sure what you mean... I received both CAbatch neppie orders over a week ago, and some people in Batch one even got Neptunes, when there was supposed to be a 2 week break between the CA and batch one.
Compensation for late time-frames has been announced as a second Neptune at the end of batch 3 unless you "took the shaft" on the cloud hosting deal, or got an early "FrankenJupiter"; so they actually have another week before they were supposed to start shipping batch one customers if you account for the promised two week delay between batches.

This is one more reason to feel good about my refund. I thought CA batch paid 3k$ more for having 2-4 weeks head start which allowed them to mine a bit more than the others. More FU in the face for its loyal customers from KnC.
How many "Batch one" orders were shipped?
I thought only a couple/few to fulfill the statement they had made about B1 beginning delivery in Q2... ?
I realize that it does indeed infringe a bit on the 2 week gap promised between CA and B1 batches.
The result is a "Compromise" somewhere "in the middle" imho
I know Kurt said others were beginning to be shipped, and some folks had said their orders had changed to "shipped", but we also have yet to hear from anyone who has received anything in about a week...         anyone.....?
I am indeed a bit cloudy on that one, but their announcements tend to be extremely "cryptic" in nature, and purposefully "admittedly deceptive" according to the words uttered in a recent interview. "To keep competitors guessing" was the reason given.
That's my "take" on the situation anyway....
Kudos on being smart enough to refund before the "Shit hit the fan" on the Diff, and all this craziness.
I refunded a few, but had sold others, and my brother has a couple from B1 coming someday, which is why I'll have to fly to Maui to set them up, someday, maybe.... can't even buy a ticket to go yet because were so clueless as to when they will arrive. IF they arrive, because he DID request refunds on both orders, but it seems they may be denying refunds now on B1 because they "Began shipment" of B1, which I totally disagree with, because they said "refundable until your miner ships", so time will tell here soon, but I fully expect them to give us "the shaft", and ship them anyways.

Given the current trend in difficulty, it would be really cool if they shipped a 3rd neppy to ensure ROI, or at least a cube to add to the 6th port of every neppy shipped, including the "Extra" one.


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July 07, 2014, 04:33:18 AM
 #36535

Given the current trend in difficulty, it would be really cool if they shipped a 3rd neppy to ensure ROI, or at least a cube to add to the 6th port of every neppy shipped, including the "Extra" one.

Knowing that they are cheap bastards I doubt that they will at another cube to the 6th port. I wonder if the free Neptunes will be pre-mined or not. Time will tell.

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July 07, 2014, 05:40:12 AM
 #36536

they had offer to wait + mine and give extra kncs.
now u either get extra or mine.

sux totally.
knc ened up as lame company.

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July 07, 2014, 05:54:58 AM
 #36537

Not sure what you mean... I received both CAbatch neppie orders over a week ago, and some people in Batch one even got Neptunes, when there was supposed to be a 2 week break between the CA and batch one.
Compensation for late time-frames has been announced as a second Neptune at the end of batch 3 unless you "took the shaft" on the cloud hosting deal, or got an early "FrankenJupiter"; so they actually have another week before they were supposed to start shipping batch one customers if you account for the promised two week delay between batches.

This is one more reason to feel good about my refund. I thought CA batch paid 3k$ more for having 2-4 weeks head start which allowed them to mine a bit more than the others. More FU in the face for its loyal customers from KnC.

CA batch customers paid $3k less than batch 1.

CA batch is referred to as "batch #1" in the quote below (Tigggger invented his own numbering for the batches):
KNC are referring to the current batch as batch #2, but that's very confusing as there have been 3 so I am using the following
Batch #1 = 1,200 units available to previous customers @ $10,000
Batch #2 = 1,200 units available for anyone @ $13,000
Batch #3 = 1,200 units available for anyone @ $10,000

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July 07, 2014, 06:05:15 AM
 #36538

Not sure what you mean... I received both CAbatch neppie orders over a week ago, and some people in Batch one even got Neptunes, when there was supposed to be a 2 week break between the CA and batch one.
Compensation for late time-frames has been announced as a second Neptune at the end of batch 3 unless you "took the shaft" on the cloud hosting deal, or got an early "FrankenJupiter"; so they actually have another week before they were supposed to start shipping batch one customers if you account for the promised two week delay between batches.

This is one more reason to feel good about my refund. I thought CA batch paid 3k$ more for having 2-4 weeks head start which allowed them to mine a bit more than the others. More FU in the face for its loyal customers from KnC.

CA batch customers paid $3k less than batch 1.

CA batch is referred to as "batch #1" in the quote below (Tigggger invented his own numbering for the batches):
KNC are referring to the current batch as batch #2, but that's very confusing as there have been 3 so I am using the following
Batch #1 = 1,200 units available to previous customers @ $10,000
Batch #2 = 1,200 units available for anyone @ $13,000
Batch #3 = 1,200 units available for anyone @ $10,000

That's correct. I messed up the batches.

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July 07, 2014, 07:29:21 AM
Last edit: July 07, 2014, 07:59:20 AM by user27
 #36539

Quick update:
No change on my order a full week after KfC admitted it was late at the end of Q2 (not to mention the Q1/Q2 deadline they missed by a clear quarter).

For those who would argue that Q1/Q2 delivery means end of Q2; why would they include the "Q1/" if that was the intention?

No free HWYW has been offered; only the $5,995 to hash for a couple of weeks and accept revised T&C (regardless of that fact that every Neptune order would have been refunded already without the 2for1 offer).

My refund (which was requested right after they released the spec, before shipping started) is still being refused.

No form of compensation has been announced on account of the third batch ($10,000 public batch) being sent out right after the CA and $13,000 batches/

u27

EDIT:
I was told on Friday that they would be in assembly over the weekend and the rest of batch 1 would ship Monday (today); just spoke to Anna and "it will most likely ship this week".

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July 07, 2014, 08:32:47 AM
 #36540

For those who would argue that Q1/Q2 delivery means end of Q2;

It does.

Quote
why would they include the "Q1/" if that was the intention?

To encourage the gullible to believe that they would ship earlier than the last possible date.

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