Swedish ASIC miner company kncminer.com

[smacker]

Anyone having problem with the KNC Neptune Web interface?
I cant access the first site, and not the "advanced settings" either. The neptune does not work, but I can browse the other menues.

I am willing to pay for someone to help me with this one.

[The Avenger]

Pictures of our favourite kfc douchebags going to court this week


Hopefully we are getting closer to this  

[AmDD]

Pictures of our favourite kfc douchebags going to court this week
[img ]http://www.breakit.se/library/img/article/b5eef62a80f8ece350f3419198f60d84.jpg[/img]

Hopefully we are getting closer to this  

[img ]https://i.imgur.com/uRkxrtp.jpg[/img]

Whats the story with this? I havent kept up with it since I never bought hardware from them.

[The Avenger]

Pictures of our favourite kfc douchebags going to court this week
[img ]http://www.breakit.se/library/img/article/b5eef62a80f8ece350f3419198f60d84.jpg[/img]

Hopefully we are getting closer to this  

[img ]https://i.imgur.com/uRkxrtp.jpg[/img]

Whats the story with this? I havent kept up with it since I never bought hardware from them.

The latest chapter is these fucks are in court this week, being sued for multi-millions by their customers who they screwed over.
https://translate.google.co.uk/translate?hl=en&sl=sv&u=http://www.breakit.se/artikel/3037/tarfyllt-i-rattssalen-under-fortsatta-knc-miner-forhandlingarna
A little more detail about charges here:
https://translate.google.co.uk/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fdigital.di.se%2Fartikel%2Fdet-var-ett-bedrageri--knc-miner-infor-ratta-i-tingsratten&edit-text=
Let's hope justice in Sweden isn't as poor as we saw in Norway this past week  

[Searing]

Pictures of our favourite kfc douchebags going to court this week
[img ]http://www.breakit.se/library/img/article/b5eef62a80f8ece350f3419198f60d84.jpg[/img]

Hopefully we are getting closer to this  

[img ]https://i.imgur.com/uRkxrtp.jpg[/img]

Whats the story with this? I havent kept up with it since I never bought hardware from them.

The latest chapter is these fucks are in court this week, being sued for multi-millions by their customers who they screwed over.
https://translate.google.co.uk/translate?hl=en&sl=sv&u=http://www.breakit.se/artikel/3037/tarfyllt-i-rattssalen-under-fortsatta-knc-miner-forhandlingarna
A little more detail about charges here:
https://translate.google.co.uk/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fdigital.di.se%2Fartikel%2Fdet-var-ett-bedrageri--knc-miner-infor-ratta-i-tingsratten&edit-text=
Let's hope justice in Sweden isn't as poor as we saw in Norway this past week  

I admire the folk who put 1.5k down per Titan or Neptune to fight this case. (If they lose they may also have to pay as much as 3k each I heard for KNC's court/lawyer fees ..how it works in Sweden) anyway ...I had no balls to try this (to those doing so I salute you!) Hope they win!

But

this class action ONLY applies to the 50/100 (unsure number) who got into the class action paying the above...once this court case is settled no other class actions can be
taken it will be a done deal

so I hope the win...but win/lose/settlement ..it is not gonna effect any of us NOT in the lawsuit

MY  own view is the class action will LOSE...hate to say it...but KNC's point of all us miners when we bought the equipment were automatically under Swedish Law considered
a business thus NOT able to be under EU consumer protection. So IMHO there is a reason Swedish Law has this loop hole to get out from under EU consumer protection rules.

ie business purposes you are not covered. SO I REALLY doubt that a Swedish Court will overturn such laws in that they seem to be in Sweden's interest to get around EU consumer protection and other rules.

Just saying why I did not pay any $$$ and jump in.

I gave the odds of this at 50/50 before BFL walked. Now I give the odds 80/20 for KNC. My view is KNC is gonna pay its law firm a LOT of $$$ not reimburse 100 folk say 10k each
with damages....the class action folk got 150k up front..but KNC would stand to lose at 10,131.80 each (my cost with shipping to usa) so say 10k each $1,000,000 dollars plus damages to get orig amount back vs teh class action folk again who got 150k up front win/lose or draw...

anyway  we will see......but man it would so suck big time to dump 1.5k and be liable for knc's legal costs on a loss of say up to 3k and be in the same boat screwed on equipment

so I salute them......they got big brass ones!

oh and the 1.5k was PER UNIT up front no refund ....ouch

[lemonte]

http://coinjournal.net/kncminer-could-return-to-enthusiast-hardware-if-the-price-increases/

[GenTarkin]

http://coinjournal.net/kncminer-could-return-to-enthusiast-hardware-if-the-price-increases/

Thats just like any current or potential cryptocurrency ASIC designer / manufacturer.
Everything mining related places their bets when prices start climbing ... till diff catches up. After diff catches up those designers / manufactures cash in on the stupidity of the remaining sheep miners.
Then once price falls, many ASIC companies fade to dust w/ legal battles, after theyve made their fortune ripping everyone off.

Its the nature of all cryptocurrency mining man.
Hence why GPU's were awesome. AMD didnt give a fuck about miners at all.

[The Avenger]

http://coinjournal.net/kncminer-could-return-to-enthusiast-hardware-if-the-price-increases/

Very old news

It's December and here's a video of your favourite bitcoin turkey - Scam Hole:

https://www.youtube.com/watch?v=RDnA6i6oEvA

Pretty boring overall. And must have been shot a while back as there is also a video featuring recently fired Nanok Bie.

When the interviewer asks at the start where Scam got his money for all the hardware, Scam avoids mentioning he stole got a free loan from customers without their permission.

Also Scam mentions how kfc are going to go back to consumer sales again in the future when the price of bitcoin rises sufficiently. I assume he hopes everyone will have forgotten about past exploiting and screwing over original customers. And current lawsuits.

What else? How kfc plan to get control 40% of bitcoin network. And early in the video Scam explains how to hijack the bitcoin network, so it's obviously something these kunts are thinking about.

[Searing]

http://coinjournal.net/kncminer-could-return-to-enthusiast-hardware-if-the-price-increases/

Ack! Mordor! LOOK OUT THE EYE! (shudder)




I would however go to the 'dark side' with KNC if they had a 'garage sale' of Titan crap ..for the cheap......( sorry kinda an asic titan slut yet)

[joef]

Anyone having problem with the KNC Neptune Web interface?
I cant access the first site, and not the "advanced settings" either. The neptune does not work, but I can browse the other menues.

I am willing to pay for someone to help me with this one.

Try to install the original image on another SD card. Image and instructions:
http://www.kncminer.com/support/neptune-setup-and-firmware

[lightfoot]

Meantime I tore open a chip to see what's inside. Needed stupid amounts of heat.



Now to see what can dissolve that glue. Theoretically I could open a chip, desolder and pull the bad die, and get things working again....

[forzendiablo]

KNC SCAMMERS... DEAD?

[lightfoot]

No clue. However those solder balls around the bottom two dies are interesting. It's possible that one problem is an overheat which extrudes solder, either shorting the die's +.8v supply or (way worse) shorting the SPI communication bus (which is common to all 4 dies).

Hm.

[Searing]

Quick question...probably obvious and will work...but are Mercury/Saturn/Jupiter/Neptune Ribbon Cables ARE THE SAME and can be used to run Titan cubes?

again 99% sure...but hey...figured I'd better ask

[TXSteve]

Meantime I tore open a chip to see what's inside. Needed stupid amounts of heat.



Now to see what can dissolve that glue. Theoretically I could open a chip, desolder and pull the bad die, and get things working again....

Did you try a single edge razor blade to scrape it off?  and/or carb cleaner, sprayed  on some cotton pads??

[lightfoot]

Scraping it off is not the issue: What we need here is a way to break that bond without putting up-pressure on the carrier since this thing is glued to what is basically a flexible interconnect soldered to the pins. Put up pressure on it and you will rip the interconnect.

Oh and you need to do it while it is on the board so we can have a running part at the end of the day. :-)

Can't use heat or you will cause the dies to explode their solder because *they* are glued to and when the solder heats up it has nowhere to go till it blows out (which is why the dies short).

Cheap nail remover (acetone+water) isn't doing anything. Will get some full strength acetone, question is what will that do to the board.

However if I can get the lids off pulling the bad die should be do-able. In fact re-seating the bad die should be do-able as well....

[lightfoot]

Or maybe not. I just pulled a die and under it is what can be best described as an IGA (insane grid array). Let's just say it looks like a ball pitch of zero, but still bga. Maybe .1mm. But yes, the failure mode seems to be die overheats, melts solder under it, and either just shorts the +.6v lines or if very unlucky shorts the 3.3v supply to power the die's housekeeping.

Fascinating.

[The Avenger]

https://translate.google.co.uk/translate?hl=en&sl=sv&u=http://img1.nsd.se/nyheter/boden/domstol-avgor-miljonkrav-mot-knc-9936377.aspx&prev=search

So it seems we will be getting an answer soon to the question that was mass-debated a million times in this thread - whether kfc's "we only sell to businesses, not consumers, hence you have no consumer rights" is lawful in Sweden or not.

If it's judged knc customers are consumers, knc are gonna be wholly fucked

I mean, if they go round saying they sell their shit to anyone....

And I hope you drew to Sam's attention the interview he did for Bitcoin Insider - MONTHS after the KNC T&C's were written:
https://soundcloud.com/mindtomatter/e45-perspective-counts-lets

Where he said, and I quote:

"We're selling to the general public"
"We are selling fully functional devices, that anyone can come and buy"

I mean, I wouldn't necessarily call him a liar to his face, but if the cap fits and he wants to play dirty...

I'm beginning to believe that Sam and his henchmen will says anything to make sales and believe they can get away with it. We'll see

We'll see indeed. Very soon.

[RoadStress]

We'll see indeed. Very soon.

Can't wait! Keep us updated!

[Mattzees]

Or maybe not. I just pulled a die and under it is what can be best described as an IGA (insane grid array). Let's just say it looks like a ball pitch of zero, but still bga. Maybe .1mm. But yes, the failure mode seems to be die overheats, melts solder under it, and either just shorts the +.6v lines or if very unlucky shorts the 3.3v supply to power the die's housekeeping.

Fascinating.

So it's possible that "dead" dies are actually not dead at all, but the solder below them has just melted and shorted across the array?