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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3008450 times)
Searing
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April 25, 2016, 05:19:14 AM
 #42261


I understood that the lawyer want another payment from all participants in the case lol Cheesy. This is expensive as shit!!



So glad I didn't get involved in this nonsense.


was that in the previous posted link...or somewhere else...if not the one above re-post or point it out please

I can't believe the class action lawyers are asking for MORE money

if so not looking good...with the 1500 each put down for the law firm to take this case against knc (think it was 1500 bucks)

AND if you LOSE you pay KNC's legal fees and any judgements against the class action folk losing.

how a Swedish Class Action works ......kinda sucks....also if you lose..knc's law firm likely is not cheap

the class action folk could be out as much as 6k MORE with fees etc and a judgement against them.....and you are so screwed....

hell it could be more....you had to sign something I was told to that effect..thus 1.5k fees plus say another 1.5k fees not refundable

you figure 3k for knc min for law firm (likely more) and that is frigging 6k right there ..hell it could go higher if you lost and that is

again from what I remember PER TITAN OR NEPTUNE ...sheesh



but again looks like IF the law firm of the class action is asking for more $$$ to continue....they are covering their ass as those $$$ are non-refundable

and hell if it is that bad will probably settle with knc and just walk away with the fees.....gathered in both instances just take the fees and  with maybe a puny $$ amount

from knc to .....drop the case...or knc would pursue a 'settlement' of more $$$ on top of $$$ to law firm if they class action tanks...it would be puny like most

class action settlements..by the time the lawyers were paid you'd be lucky to break even on fees already spent...win/win for law firms....you'd be like why did i bother Sad

what the hell ..the law firm has (100 in the class action i think they had) 150,000 if they get more to say 200k to walk/settle/split fees and a big screw you

The other reason I never got into this class action is the point KNC always made ...if we by buying any KNC  miners you are a BUSINESS

under Swedish law...business transactions under EU consumer protection are NOT protected in any way....a big frigging black hole loophole imho.

Thus there is a REASON Swedish law allows this loophole..to get around EU consumer protection rules.

....thus I had a hard time believing the Swedish Legal System would over throw this business loophole and precedent and rule

against KNC......just saying KNC always acted like their ass was covered in this (Hope I'm wrong)...always said they would never have to pay on anything like this because of such.

But we may witness yet ANOTHER instance where knc screws over a bunch of folk in one last FU moment.....

again hope I'm wrong....but where my mind tends to tread hearing that the law firms are asking for more $$$$ (if true) on top of $$$ already ....

that would NOT inspire me with a lot of frigging confidence....if I was part of the class action...I'd be freaking out Sad

still hope those guys win....


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April 29, 2016, 11:34:15 AM
 #42262

here we go. Lets the drama begins - KNC win Cheesy
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April 30, 2016, 01:52:54 AM
 #42263

here we go. Lets the drama begins - KNC win Cheesy
Not sure why anyone but a half wit would find this funny but yeah. We lost. KNC won. 

I'll say it again for those who have seen this whole shit show unfold and might not actually believe it but, KNC WON.

I haven't read the judgement yet, it came in today and it's in Swedish but my lawyer is going to translate it and send it it over so I'll give you more info, when I get it.

I wasn't in the class action so I can't speak for that but my case was strong based on a number of arguments. Obviously the Judge did not see it that way. The fact that it had to be heard with a number of others may have been to its detriment but I won't know for sure until I read the judgement.  Apparently it's very complicated. I won't go into too much as some may want to appeal, but I'll try to answer any questions I can, within reason.

For me it's never been about the money, I've got enough to be comfortable, I'm just not the type of person to take shit lying down. KNC are crooks and we deserved our day in court, it didn't go our way this time, that's life. As any poker player will tell you I was what you would call "pot committed", I had enough down to make the "all in" worth it. This time it didn't pay off. It's not going to ruin my life, I'm just a little pissed that those assholes got away with it. But I guess the law in Sweden is a bit like the law in Britain:

Steal £200 get a jail sentence
Steal £20 million get a Knighthood

I'm guessing there's going to be a lot of new, unused Titans flooding the market in the next few weeks. As for KNC's lawyers fees. I hope they take litecoin Grin
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April 30, 2016, 05:24:31 AM
 #42264

here we go. Lets the drama begins - KNC win Cheesy
Not sure why anyone but a half wit would find this funny but yeah. We lost. KNC won. 

I'll say it again for those who have seen this whole shit show unfold and might not actually believe it but, KNC WON.

I haven't read the judgement yet, it came in today and it's in Swedish but my lawyer is going to translate it and send it it over so I'll give you more info, when I get it.

I wasn't in the class action so I can't speak for that but my case was strong based on a number of arguments. Obviously the Judge did not see it that way. The fact that it had to be heard with a number of others may have been to its detriment but I won't know for sure until I read the judgement.  Apparently it's very complicated. I won't go into too much as some may want to appeal, but I'll try to answer any questions I can, within reason.

For me it's never been about the money, I've got enough to be comfortable, I'm just not the type of person to take shit lying down. KNC are crooks and we deserved our day in court, it didn't go our way this time, that's life. As any poker player will tell you I was what you would call "pot committed", I had enough down to make the "all in" worth it. This time it didn't pay off. It's not going to ruin my life, I'm just a little pissed that those assholes got away with it. But I guess the law in Sweden is a bit like the law in Britain:

Steal £200 get a jail sentence
Steal £20 million get a Knighthood

I'm guessing there's going to be a lot of new, unused Titans flooding the market in the next few weeks. As for KNC's lawyers fees. I hope they take litecoin Grin

My guess is KNC won due to the 'we are a business by buying this equipment" loophole to get around EU consumer protection law...if KNC lost then all there commerce

probably would fall under the EU consumer protection...ie as I said .why I did not get into the lawsuit....I felt that no way Swedish Legal precident that was set up as

such would be set aside for a KNC loss....would open a whole can of worms...and I bet the swedish business interests really really like this loophole.....we know know KNC does Sad


anyway my guess on why they won ....may be wrong.......but KNC always acted beyond cocky that it was a 'slam dunk' in their favor on such ...or so the song went back in the

day on kcn forums

damn.....hope someone in the class action gets on and tells us what the judgement in payment was against them for 'legal bills' in that the loser pays the winners court/legal

costs and a judgement ...these guys could be out 8k each total with lawyer fees imho .if it flowed down hill that is...sh*t

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April 30, 2016, 10:01:42 AM
 #42265

er this is confusing..wtf is KNC supporting their firmware with an upgrade or is this just some clown posting something in the area?

https://github.com/KnCMiner/titan/commits?author=dvitas

Suddenly March 7th 2015 a year later it is 2.0.1 upgrade and now a few days ago 2.0.2?

wtf?

edited (took out speculation ..the above don't amount to much it seems)

 Heh just took my NON-coding self and looked at it ..seems it is just a fix for latest bfgminer (assuming I know what I'm looking at) heh Smiley

Well in my NON-coding view...sure does not look like any kinda major commit LOL Smiley

Also heard today from folk that KNC WON their court case...I wonder how much $$$ the losers have to pay now under Swedish Law to KNC for
legal fees and/or a Judgement....sh*t 2016 and KNC still is making money out of thin air on crap they no longer support....again "Evil works" (tm KNC)

whatever figured the above was of some note to this thread

later



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April 30, 2016, 04:10:27 PM
 #42266

er this is confusing..wtf is KNC supporting their firmware with an upgrade or is this just some clown posting something in the area?

https://github.com/KnCMiner/titan/commits?author=dvitas

Suddenly March 7th 2015 a year later it is 2.0.1 upgrade and now a few days ago 2.0.2?
Hm. Wonder who has the keys to the repository. I'd still be suspicious as heck though. :-)

Is there enough interest to try a full recompile on the latest Rpi and/or BBB at this time? I had to put some things down due to commitments, but I could do some tinkering over the next month if there really is.

Meantime bunch of things to work on, back to the salt mines....
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May 01, 2016, 03:39:48 AM
 #42267

er this is confusing..wtf is KNC supporting their firmware with an upgrade or is this just some clown posting something in the area?

https://github.com/KnCMiner/titan/commits?author=dvitas

Suddenly March 7th 2015 a year later it is 2.0.1 upgrade and now a few days ago 2.0.2?
Hm. Wonder who has the keys to the repository. I'd still be suspicious as heck though. :-)

Is there enough interest to try a full recompile on the latest Rpi and/or BBB at this time? I had to put some things down due to commitments, but I could do some tinkering over the next month if there really is.

Meantime bunch of things to work on, back to the salt mines....

Others can chime in here...but to me getting any BBB KNC controller EVER MADE (mercury/saturn/jupiter/neptune) to work with Titan Cubes would be huge! (FU KNC)

Then as the equipment gets less profitable at least a guy could part it out 1 cube at a time to the world and the buggers end of life could take on a 'hobby' life

of their own imho......like knc used to say on their forums...underclock your titans for less electric costs .remove 2 cubes (kid you not) and reboot Smiley



As to me I have a pi clone bridge and a Neptune board. I've split up my 10 cubes (some work well others not so much) into 3 setups

for whatever frigging reason the 6 cube (3 cubes per corsair with a couple dead dies maxed out as per before lightfoot's don't run them full out info) is stable as hell

with gen tarkin software no adjustments or reboots just hums...so I leave it alone..18 months for 4 of the cubes 13 months for the other 2 ..its 'magic')

....
I have two now 2 cube setups on the other 2 controllers....and now have less issues with this ....they are pretty stable

But lumped into 4 on  a controller constant tweaking even with gen tarkin software now very stable

Now that  i have 1 cube with 2 dies at 200 and 2 dies 325 on a cube  and a 2nd cube 325 maxed out  (my coolest temp cube go figure) its stable as heck too

the other 2 cube setup has 1 cube on corsair 1200i that i suspect is fading (only has 1 die working on that cube) and the other full cube 300mh for all max on a 660w seasonic to make a stable 2 cube setup system on that

so the 1 extra controller was well worth the $$$ put in as I mixed and matched this stuff to some kind of equilibrium

as to why I'd think a BBB mod for titans would be great


so.....besides the fact a lot of folk with a BBB controller that would work on the titan could do the above and 'balance' stuff for less flakiness (at least under gen trakins

great software with his adjustments) the option to have a spare controller even in my case to yank 1 cube off what ever stable setup you have to dork with it by

itself or isolate it from taking the rest of whatever sized rig you have down....with my 3 rig setup it would be take the 1 die only cube and other cube make a 3 cube

unit and dork with the 1 problem cube on the side that way.....(again better for a controller just for this use imho)


again imho you'd have a pretty good market for a BBB mod in that there are a hell of a lot more NON titan controllers out there in the masses..a collaboration with

gen tarkin on a firmware port there would probably ..again imho do as well for sales as the firmware he has done for titan controllers alone


not to mention the price of titans would be based on CUBES more and NOT complete rigs so EVERYONE could have a shot at getting some partial titan rig up
thus likely driving price of titan equipment up in the mad scramble to get 1 cube or something on that old jupiter board to mine Smiley


anyway maybe it is too hard to do...but it would be a win/win/win....eventually repairing titan stuff is gonna cost more then it is worth to do...folk will dry up...but a firmware

mod like this would extend this titan equipment quite a bit farther down the road and make a couple of guys some modest cash to boot (hint hint)


anyway the particulars escape me perhaps this is Un-doable....just saying Smiley


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May 01, 2016, 07:54:15 PM
 #42268

er this is confusing..wtf is KNC supporting their firmware with an upgrade or is this just some clown posting something in the area?

https://github.com/KnCMiner/titan/commits?author=dvitas

Suddenly March 7th 2015 a year later it is 2.0.1 upgrade and now a few days ago 2.0.2?
Hm. Wonder who has the keys to the repository. I'd still be suspicious as heck though. :-)

Is there enough interest to try a full recompile on the latest Rpi and/or BBB at this time? I had to put some things down due to commitments, but I could do some tinkering over the next month if there really is.

Meantime bunch of things to work on, back to the salt mines....

Anyone upgrading to this firmware, who uses my mod, will have to reinstall my mod. At this point Im not sure if any compatibility issues exist w/ my firmware. I will have to test this out and make a new release if need be. Stay tuned.

GenTarkin's MOD Kncminer Titan custom firmware! v1.0.4! <--- CLICK HERE
Donations: bitcoin- 1Px71mWNQNKW19xuARqrmnbcem1dXqJ3At || litecoin- LYXrLis3ik6TRn8tdvzAyJ264DRvwYVeEw
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May 04, 2016, 12:25:08 AM
 #42269

Well, I tried doing a git clone of the repo and couldnt even compile bfgminer successfully ... ccan wont compile correctly. =(
Maybe Im missing something. Dont know, so cant really test it out. I will worry bout testing when theres actually .bin install upgrade file provided by the author of the updated KNC v2.0.2 firmware.
Till then, average miner wont really be able to upgrade beyond v2.00 anywho.

GenTarkin's MOD Kncminer Titan custom firmware! v1.0.4! <--- CLICK HERE
Donations: bitcoin- 1Px71mWNQNKW19xuARqrmnbcem1dXqJ3At || litecoin- LYXrLis3ik6TRn8tdvzAyJ264DRvwYVeEw
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May 04, 2016, 07:31:07 PM
 #42270

Anyone know what they did change in "their" version?

Vegas

I want to make sure everyone knows that I just released my software called "Yobit pump alert". THis is custom software that uses an algo to detect the start of a pump here on yobit, the second it starts. YOu can even filter the coins you see by price. Most pumps start less than 100 sats , so you can easily filter the cheap coins, so they are the only ones displayed Smiley https://bitcointalk.org/index.php?topic=1945937.msg20241953#msg20241953
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May 04, 2016, 09:01:26 PM
 #42271

here we go. Lets the drama begins - KNC win Cheesy
Not sure why anyone but a half wit would find this funny but yeah. We lost. KNC won. 

I'll say it again for those who have seen this whole shit show unfold and might not actually believe it but, KNC WON.

I haven't read the judgement yet, it came in today and it's in Swedish but my lawyer is going to translate it and send it it over so I'll give you more info, when I get it.

I wasn't in the class action so I can't speak for that but my case was strong based on a number of arguments. Obviously the Judge did not see it that way. The fact that it had to be heard with a number of others may have been to its detriment but I won't know for sure until I read the judgement.  Apparently it's very complicated. I won't go into too much as some may want to appeal, but I'll try to answer any questions I can, within reason.

For me it's never been about the money, I've got enough to be comfortable, I'm just not the type of person to take shit lying down. KNC are crooks and we deserved our day in court, it didn't go our way this time, that's life. As any poker player will tell you I was what you would call "pot committed", I had enough down to make the "all in" worth it. This time it didn't pay off. It's not going to ruin my life, I'm just a little pissed that those assholes got away with it. But I guess the law in Sweden is a bit like the law in Britain:

Steal £200 get a jail sentence
Steal £20 million get a Knighthood

I'm guessing there's going to be a lot of new, unused Titans flooding the market in the next few weeks. As for KNC's lawyers fees. I hope they take litecoin Grin

Bump, have you received the transcripts?
Would be interested to hear a short summary of the trial
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May 05, 2016, 03:13:35 AM
 #42272

Anyone know what they did change in "their" version?

Vegas

kncminer's new version?
The changes are on their github =)

GenTarkin's MOD Kncminer Titan custom firmware! v1.0.4! <--- CLICK HERE
Donations: bitcoin- 1Px71mWNQNKW19xuARqrmnbcem1dXqJ3At || litecoin- LYXrLis3ik6TRn8tdvzAyJ264DRvwYVeEw
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May 05, 2016, 06:20:17 AM
 #42273

here we go. Lets the drama begins - KNC win Cheesy
Not sure why anyone but a half wit would find this funny but yeah. We lost. KNC won. 

I'll say it again for those who have seen this whole shit show unfold and might not actually believe it but, KNC WON.

I haven't read the judgement yet, it came in today and it's in Swedish but my lawyer is going to translate it and send it it over so I'll give you more info, when I get it.

I wasn't in the class action so I can't speak for that but my case was strong based on a number of arguments. Obviously the Judge did not see it that way. The fact that it had to be heard with a number of others may have been to its detriment but I won't know for sure until I read the judgement.  Apparently it's very complicated. I won't go into too much as some may want to appeal, but I'll try to answer any questions I can, within reason.

For me it's never been about the money, I've got enough to be comfortable, I'm just not the type of person to take shit lying down. KNC are crooks and we deserved our day in court, it didn't go our way this time, that's life. As any poker player will tell you I was what you would call "pot committed", I had enough down to make the "all in" worth it. This time it didn't pay off. It's not going to ruin my life, I'm just a little pissed that those assholes got away with it. But I guess the law in Sweden is a bit like the law in Britain:

Steal £200 get a jail sentence
Steal £20 million get a Knighthood

I'm guessing there's going to be a lot of new, unused Titans flooding the market in the next few weeks. As for KNC's lawyers fees. I hope they take litecoin Grin

Bump, have you received the transcripts?
Would be interested to hear a short summary of the trial


Except for the case that was quoted in the previous msgs on this thread...where the guy because he lost his case (a 1.5k to the law firm per KNC unit he tried to get back) and NOW has to pay 37k usd to KNC for their legal fees.....

as to the other claims...as far as I understand..it was grouped together as a class action under Swedish law BUT each individual had to provide info and each case COULD be looked at 1 by 1 or the judge could lump it together.....seems to me from what I've heard so far  the Judge may be going thru each case

so unless you had one of the early rigs of Neptune or Titan that caught on fire...I bet all these other cases lumped into th class action are gonna go KNC's way as well

an in that they will REPLY TO EACH INDIVIDUAL of the outcome of the case thru the class action law firms (already paid the 1.5k per knc unit up front for fees)

well would you get on here....after getting such info from you lawyer ..that you LOST thus down 1.5k to the law firm you had....and probably another 3k paid to KNC
for damages and their legal fees

yeah I'd jump right on here and say....knc just screwed me out above and beyond my original loss another say 4k ......

We may never really know.....all I know now is the thread on the BIG loss reported (also under one of the lawyers from the class action the swedish guy) and that is because
he is likely to appeal

https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fdigital.di.se%2Fartikel%2Fknc-miner-stams-pa-miljonbelopp&edit-text=&act=url


Anyway the above is 'guessing' on my part remember...but again....perhaps the court is ONLY contacting each knc miner in the class action individually...if they won and what they have to pay the court and knc in fines etc in that they lost

Hopefully we will get public info on all of this ...or someone who gets a notice one way or another will post on here...but hell....if they all lost their respective cases under what KNC always said....''we sell to you..you are a business and not covered by EU or Swedish Consumer Protection"

again we may never really know Sad


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qberty
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May 07, 2016, 05:56:09 AM
 #42274

Alllllrighty then. I blew another Titan bridge (of course). I'm going to start up another group buy if anyone needs them or wants them just in-case. I have lowered my price to 0.20 BTC EACH. Again, this will be the last time in a long time that i'm going to make these to work legitimately with the titan controllers. 0.20 BTC will get you 1 bridge with reinforced thicker (than spec.) copper lines. I'm thinking of making 10 again. If anyone wants any, PM me with how many.

.....HOQU....
.MARKETING OF THE FUTURE!.






                                              
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May 07, 2016, 01:34:16 PM
 #42275

Alllllrighty then. I blew another Titan bridge (of course). I'm going to start up another group buy if anyone needs them or wants them just in-case. I have lowered my price to 0.20 BTC EACH. Again, this will be the last time in a long time that i'm going to make these to work legitimately with the titan controllers. 0.20 BTC will get you 1 bridge with reinforced thicker (than spec.) copper lines. I'm thinking of making 10 again. If anyone wants any, PM me with how many.
Sorry to hear that. I can fix them but it is a bit of a pain for shipping and all (I use 24g wire wrap wire which is better than the foil, but will still blow if the Rpi shorts). Actually what one *really* should have is a small resistor in line with the power there so that if the Pi shorts it's not a zero ohm circuit across a potentially large amp source.

If your bridgeboard blows out, check your Pi first: I have had Pi's that had shorted CPUs where they threw full 5 volts down into the FPGA and the TPS power chip (blowing both). I have had Pi's with bad CPUs that got hot enough to burn fingers when touched (that sourcing of current will blow up the board). And I have had Pi's with dead shorted charge pumps.

Because we plug these boards into big supplies, all lines should be able to support max current. They don't, and this is the source of a lot of blown out boards. A simple 1 amp removable mini fuse on the board's +5 and +12 inputs would have gone a long way to protecting things. But then again so would a set of optoisolators on the signal lines to the cubes to prevent ground loops and the resultant hilarity. But that would have cost money, and that's a problem as well.....

C
(Just fixed two more bridgeboards, both with bad Pi's)

PS: Say has anyone tried powering a new Pi with the Rpi's onboard USB supply/plug in the event of a blown bridgeboard? That would bypass this bad line, and it *should* come up. Try it and see....
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May 07, 2016, 03:17:37 PM
 #42276

I ordered a bridgeboard from qberty, that'll give me a spare while lightfoot repairs my bad board (if one ever blows, so far I've been lucky)
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May 07, 2016, 03:30:20 PM
 #42277

Oh yeah, I finished your board, those titans are a wreck, someone else tried to repair them. You can always tell when you see a power supply with the 10 pin connector hovering off the board :-)

Anyway, I'll send that back. Simple little fix actually but a new board at .2 is quite competitive with my repair price so in the future I would say check with that guy first.

C
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May 07, 2016, 03:35:12 PM
 #42278

Son of a BEAR! My reference controller had the FPGA fail!

The screen was frozen at 42mh
The logs from the Pi were:
pi@raspberrypi ~ $
pi@raspberrypi ~ $
The system is going down for reboot NOW!(console) (Sat May  7 10:38:18 2016):

The unit now powers up no display with the flashing light. Meaning TPS is good, FPGA is bad.

Oh well, them's the breaks. However I now can see what causes a controller board to fail. Interesting. Physician heal thyself...

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May 07, 2016, 05:03:11 PM
 #42279

Yeah i've actually tried to power a Pi after it blows out a bridge but unfortunately it's not enough to pull through the entire controller. It really needs that molex for some reason. All of my bridges that blew, happened after they blew out all my Pi's first :/ Very not nice.

.....HOQU....
.MARKETING OF THE FUTURE!.






                                              
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May 08, 2016, 02:44:07 AM
 #42280

New Pi's right? When the Pi blows it takes out the bridgeboard.

Switched over to my backup controller, Titan is back to hashing. Board has 3 ohms on the FPGA 3.3 volt power supply, indicating the fpga drivers are out. Interesting.
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