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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3012862 times)
Marvell1
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INS Ecosystem


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August 20, 2014, 08:15:59 AM
 #37321

So gawminers is selling 100mhz of scrypt hashing power for $1600

At a host cost of .08 cents per mhz.

To the point where they are undercutting titans and even thier own lower
End scrypt miner due out in Sept.

Man the preorder game is such a joke right now, I think by next year all these hardware
Companies will just be selling cloud hashes. With all the delays and subterfuge
It might be the best thing for both parties.

Edit:
To make it even worse they are letting people who bought gen2 scrypt miners like the
Zeus lightning's and gaw war machine at huge discounts upgrade to this new

Hashing service for free , so in effect you're getting 95mhz of hashlet scrip power for
~$1300.

So they get the hashes for less $ hosted per day and get to mine on the super profitable
Zencloud pool which was,supposed to be the advantage for folks who bought hashlet hashes

Wth


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●  Reddit
●  Telegram
●  Twitter
●  Facebook

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poodle63
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August 20, 2014, 09:58:44 AM
 #37322

Wow~ mining become a zero sum gaming, never win win situation any more.



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Searing
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Tips for help? 1BzbfMHCrTeLjc7eCGrYVhH3QXSRodSuke


View Profile
August 20, 2014, 11:08:31 AM
 #37323

So gawminers is selling 100mhz of scrypt hashing power for $1600

At a host cost of .08 cents per mhz.

To the point where they are undercutting titans and even thier own lower
End scrypt miner due out in Sept.

Man the preorder game is such a joke right now, I think by next year all these hardware
Companies will just be selling cloud hashes. With all the delays and subterfuge
It might be the best thing for both parties.

Edit:
To make it even worse they are letting people who bought gen2 scrypt miners like the
Zeus lightning's and gaw war machine at huge discounts upgrade to this new

Hashing service for free , so in effect you're getting 95mhz of hashlet scrip power for
~$1300.

So they get the hashes for less $ hosted per day and get to mine on the super profitable
Zencloud pool which was,supposed to be the advantage for folks who bought hashlet hashes

Wth

I did the figures on 400mh at GAWminers vs the 1st batch Titan I have...it was more or less 800 usd cheaper for the GAWminers deal NOW
er notice the NOW...remember it is $15.99 per MH at GAWminers but they charge .08/mh is like $960 hosting 1st month...as they state it will
go down I figured as a 'guess' a 20% decrease a month 6 month contract to get the above 800 more or less figure above

who would buy a batch 1 titan at 10,131.80 plus 800 bucks NOW..you'd have to be out of your mind

so there is the catch on the overhead to make the HashNet at GAWminers work it seems no better nor worse then pre-order game

except you don't get the equipment and as of right now your mining pools are limited

anyway the above was figured on my 1st batch 10,131.80 price point and 15c/kwh elec here in the states

on to the other guestion that will allow GAWminers to kill the Titan in the short term ..is that they plan to host for free
all the 750mh and 350mh sold Vault Breakers ordered to kill the Titan on Aug 28th I heard

thus that stuff will all be hashing 1 month or so before we physically get our Titans likely

again KNC seems to not give a damn that GAWminers is specifically saying they are gonna bury the Titan

I sure would have like to have seen a good honest fight between the two for customers but it looks like KNC with no refunds is past caring

Searing

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AFox
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Activity: 509



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August 20, 2014, 12:26:26 PM
 #37324

Quote from: Kurt
Hi,
We do not know the dates within this 2-3 day margin I am afraid. Batch 2 miners are due to start shipping later this week, in large quantities.
Source

OMG, I laughed so hard !
So, for the shipping of batch 2, they can't give dates within a 2-3 day margin, but they are due to start shipping later this week. "This week" as only 2 working days left.

My lucky BTC address : 1LoTTerY3WYbGxVRHvh8oDudDdTxFvvqWF
Easy2Mine
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Online Online

Activity: 686


PikcioChain ICO Starts on 24th of November


View Profile
August 20, 2014, 02:07:45 PM
 #37325

Quote from: Kurt
Hi,
We do not know the dates within this 2-3 day margin I am afraid. Batch 2 miners are due to start shipping later this week, in large quantities.
Source

OMG, I laughed so hard !
So, for the shipping of batch 2, they can't give dates within a 2-3 day margin, but they are due to start shipping later this week. "This week" as only 2 working days left.


they know precisely how to FUCK YOU.

FTFY  Smiley


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thorvald
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Aa7kiQZaSRf7BDPvr3SUJyD7K63HEu6Tnt


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August 20, 2014, 02:26:33 PM
 #37326

I requested a refund on 30.04.2014 and did not recived the cash until now

I`ve contacted the bank to do a callback and tey told me that the account
Bank Name: SEB (Skandinaviska Enskilda Banken)
Account Name: KnCMiner AB
IBAN (USD): SE1850000000054238202171
IBAN (EUR): SE6950000000054238210565 Use conversion rate 1 USD= 0.75 EUR
BIC/SWIFT:  ESSESESS
Bank Address:  SEB, St: Eriksgatan 32, 112 34 STOCKHOLM/SWEDEN
KnCMiner AB address: Birger Jarlsgatan 33 5tr, Stockholm, 111 45, Sweden.

was closed

If you know a Swedish low firm in commercial low please pm  me

Regards
T
Marvell1
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August 20, 2014, 03:56:54 PM
 #37327

So gawminers is selling 100mhz of scrypt hashing power for $1600

At a host cost of .08 cents per mhz.

To the point where they are undercutting titans and even thier own lower
End scrypt miner due out in Sept.

Man the preorder game is such a joke right now, I think by next year all these hardware
Companies will just be selling cloud hashes. With all the delays and subterfuge
It might be the best thing for both parties.

Edit:
To make it even worse they are letting people who bought gen2 scrypt miners like the
Zeus lightning's and gaw war machine at huge discounts upgrade to this new

Hashing service for free , so in effect you're getting 95mhz of hashlet scrip power for
~$1300.

So they get the hashes for less $ hosted per day and get to mine on the super profitable
Zencloud pool which was,supposed to be the advantage for folks who bought hashlet hashes

Wth

I did the figures on 400mh at GAWminers vs the 1st batch Titan I have...it was more or less 800 usd cheaper for the GAWminers deal NOW
er notice the NOW...remember it is $15.99 per MH at GAWminers but they charge .08/mh is like $960 hosting 1st month...as they state it will
go down I figured as a 'guess' a 20% decrease a month 6 month contract to get the above 800 more or less figure above

who would buy a batch 1 titan at 10,131.80 plus 800 bucks NOW..you'd have to be out of your mind

so there is the catch on the overhead to make the HashNet at GAWminers work it seems no better nor worse then pre-order game

except you don't get the equipment and as of right now your mining pools are limited

anyway the above was figured on my 1st batch 10,131.80 price point and 15c/kwh elec here in the states

on to the other guestion that will allow GAWminers to kill the Titan in the short term ..is that they plan to host for free
all the 750mh and 350mh sold Vault Breakers ordered to kill the Titan on Aug 28th I heard

thus that stuff will all be hashing 1 month or so before we physically get our Titans likely

again KNC seems to not give a damn that GAWminers is specifically saying they are gonna bury the Titan

I sure would have like to have seen a good honest fight between the two for customers but it looks like KNC with no refunds is past caring

Searing

Read the fine print zenpool which is only usable by hashlet hardware pays a whopping 15 to 20%
More than any other multipool.  Which in turn pays more than mining lightcoins directly.

So with the extra profitability you offset the hosting costs, I really think the titan is DOA unless you
Find some juicy new scrypt coin to mine directley but then you still have to compete with multipools.


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●  Reddit
●  Telegram
●  Twitter
●  Facebook

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faetos
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gotta let a coin be a coin


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August 20, 2014, 04:01:04 PM
 #37328

I requested a refund on 30.04.2014 and did not recived the cash until now

I`ve contacted the bank to do a callback and tey told me that the account
Bank Name: SEB (Skandinaviska Enskilda Banken)
Account Name: KnCMiner AB
IBAN (USD): SE1850000000054238202171
IBAN (EUR): SE6950000000054238210565 Use conversion rate 1 USD= 0.75 EUR
BIC/SWIFT:  ESSESESS
Bank Address:  SEB, St: Eriksgatan 32, 112 34 STOCKHOLM/SWEDEN
KnCMiner AB address: Birger Jarlsgatan 33 5tr, Stockholm, 111 45, Sweden.

was closed

If you know a Swedish low firm in commercial low please pm  me

Regards
T


Wow!! Account closed, that's not a good sign. You can sue them from any EU country to get your money back.
murraypaul
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August 20, 2014, 05:09:06 PM
 #37329

Wow!! Account closed, that's not a good sign. You can sue them from any EU country to get your money back.

Unless you can demonstrate exceptional circumstances, they have the right to be sued in their own country.

BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW
SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
TheJuice
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August 20, 2014, 07:36:16 PM
 #37330

Final Report for my November Batch Jupiter from last year.

Purchased: 13 BTCs
Mining Revenue: 27 BTCs
Sold for: ~1.5 BTC (~1.4 after shipping, fees, etc)
Electricity costs: ~1.3 BTC
Angry Significant others: 1


Total Profit: 27-13-1.3+1.4 = 14.1 BTC

ROI = 14.1/13 * 100 = 108%

Thanks KNC! Over doubled my money in a short 9 months.

Actually sad to see this machine leave my house...

I doubt any machine in the future will provide this return.

I r Bit
Marvell1
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INS Ecosystem


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August 20, 2014, 07:58:56 PM
 #37331

Final Report for my November Batch Jupiter from last year.

Purchased: 13 BTCs
Mining Revenue: 27 BTCs
Sold for: ~1.5 BTC (~1.4 after shipping, fees, etc)
Electricity costs: ~1.3 BTC
Angry Significant others: 1


Total Profit: 27-13-1.3+1.4 = 14.1 BTC

ROI = 14.1/13 * 100 = 108%

Thanks KNC! Over doubled my money in a short 9 months.

Actually sad to see this machine leave my house...

I doubt any machine in the future will provide this return.
Yeah lucky you


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●  ANN Thread
●  Reddit
●  Telegram
●  Twitter
●  Facebook

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fubly
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View Profile
August 20, 2014, 08:04:19 PM
 #37332

I requested a refund on 30.04.2014 and did not recived the cash until now

I`ve contacted the bank to do a callback and tey told me that the account
Bank Name: SEB (Skandinaviska Enskilda Banken)
Account Name: KnCMiner AB
IBAN (USD): SE1850000000054238202171
IBAN (EUR): SE6950000000054238210565 Use conversion rate 1 USD= 0.75 EUR
BIC/SWIFT:  ESSESESS
Bank Address:  SEB, St: Eriksgatan 32, 112 34 STOCKHOLM/SWEDEN
KnCMiner AB address: Birger Jarlsgatan 33 5tr, Stockholm, 111 45, Sweden.

was closed

If you know a Swedish low firm in commercial low please pm  me

Regards
T


It´s an old account number, for receiving preoorder money, the onlyest way to block incomming money is to close
this account.

All is normal I think

Wow!! Account closed, that's not a good sign. You can sue them from any EU country to get your money back.
fubly
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August 20, 2014, 08:05:43 PM
 #37333

I requested a refund on 30.04.2014 and did not recived the cash until now

I`ve contacted the bank to do a callback and tey told me that the account
Bank Name: SEB (Skandinaviska Enskilda Banken)
Account Name: KnCMiner AB
IBAN (USD): SE1850000000054238202171
IBAN (EUR): SE6950000000054238210565 Use conversion rate 1 USD= 0.75 EUR
BIC/SWIFT:  ESSESESS
Bank Address:  SEB, St: Eriksgatan 32, 112 34 STOCKHOLM/SWEDEN
KnCMiner AB address: Birger Jarlsgatan 33 5tr, Stockholm, 111 45, Sweden.

was closed

If you know a Swedish low firm in commercial low please pm  me

Regards
T



It´s an old account number, for receiving preoorder money, the onlyest way to block incomming money is to close
this account.

All is normal I think
xhomerx10
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August 21, 2014, 07:22:47 PM
 #37334

Final Report for my November Batch Jupiter from last year.

Purchased: 13 BTCs
Mining Revenue: 27 BTCs
Sold for: ~1.5 BTC (~1.4 after shipping, fees, etc)
Electricity costs: ~1.3 BTC
Angry Significant others: 1


Total Profit: 27-13-1.3+1.4 = 14.1 BTC

ROI = 14.1/13 * 100 = 108%

Thanks KNC! Over doubled my money in a short 9 months.

Actually sad to see this machine leave my house...

I doubt any machine in the future will provide this return.

 It would be better to see it in fiat.  You couldn't have purchase a Jupiter with 13 bitcoins.  I paid over 30 for a Saturn.  Unless of course you got some sort of kickass deal?
 

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samsonn25
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August 21, 2014, 08:15:58 PM
 #37335

Fiat is better comparison because when ordered in June btc was around $100 in Nov when it came out btc was about $500.

Lets say it cost 50 ($4999/ $100) btc to order in June, it comes in Nov.  So if you had mined more than 50 btc minus electricity it is compared to the original btc and the value of that today.

In other words if you kept that 50 btc from last June it is 50 x $523 = $26,150 with no other cost now.  

I was so bored I calculated the difficulty and every day mining: from mid Nov 2013 to Aug 8 2014 a Nov Jupiter at 660GH and 800 watts @.16 electricity net about 35.5 btc.  

$18,566 with btc @$523 today if you didnt sell any along the way.
RawDog
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August 22, 2014, 12:58:48 AM
 #37336

Did anything ship today?  Anything? 

KnC said they'd be shipping some Neptunes today and tomorrow.  Just wondering if they had another set back and failed to get anything out the shipping bay doors?

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August 22, 2014, 01:06:15 AM
 #37337

Did anything ship today?  Anything?


From KNC's forum :
Quote
Jan 5 176xx In Progress.

My lucky BTC address : 1LoTTerY3WYbGxVRHvh8oDudDdTxFvvqWF
Cablez
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August 22, 2014, 01:30:18 AM
 #37338

That is rough.  I really expected batch 3 to be started before September.  I guess bad yields are bad.

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
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August 22, 2014, 01:34:49 AM
 #37339

Fiat is better comparison because when ordered in June btc was around $100 in Nov when it came out btc was about $500.

Lets say it cost 50 ($4999/ $100) btc to order in June, it comes in Nov.  So if you had mined more than 50 btc minus electricity it is compared to the original btc and the value of that today.

In other words if you kept that 50 btc from last June it is 50 x $523 = $26,150 with no other cost now.  

I was so bored I calculated the difficulty and every day mining: from mid Nov 2013 to Aug 8 2014 a Nov Jupiter at 660GH and 800 watts @.16 electricity net about 35.5 btc.  

$18,566 with btc @$523 today if you didnt sell any along the way.

  Wow!  It seems much better stated that way.  Thanks.  That gives a better visual Wink
I was always worried about getting my bitcoins back... mining is kinda fun too though.

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Zelek Uther
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August 22, 2014, 01:35:48 AM
 #37340

Have any CA batch (batch 0) customers received their compensation Neptunes yet?

I believe they are due in August.

Run a Bitcoin node, support the network.
How to compile and run bitcoind on a Raspberry Pi
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