Swedish ASIC miner company kncminer.com

[slicko]

since the new knminer video, i am not sure about giving several k´s of dollars in forward to those non-looking-like-hardware-devs dudes. after the vid i was shocked&shattered to the ground S:  

[Freedom24]

1.2   The Products are sold for business use only and Purchaser hereby accepts that it has purchased the Products in order to conduct a business.

I don't have a business.
How can I get a Miner?

[KS]

1.2   The Products are sold for business use only and Purchaser hereby accepts that it has purchased the Products in order to conduct a business.

I don't have a business.
How can I get a Miner?

They HAVE to state that because they will only give a 1 year warranty. The EU mandates the seller (even if you're just a mom and pop shop and not the OEM/maker) to give private customers (=not business) a *2* year warranty.

This is so fucked up on so many levels. They're such a bunch of amateurs.

[optimator]

I don't have a business.
How can I get a Miner?

Depending on your country... you probably do have a business - It's called a sole proprietorship.

[ujka]

...
They HAVE to state that because they will only give a 1 year warranty. The EU mandates the seller (even if you're just a mom and pop shop and not the OEM/maker) to give private customers (=not business) a *2* year warranty.

3 years in Sweden.

[frejo]

1.2   The Products are sold for business use only and Purchaser hereby accepts that it has purchased the Products in order to conduct a business.

I don't have a business.
How can I get a Miner?

I guess it is a way to get around some Swedish consumer laws:
http://translate.google.se/translate?sl=sv&tl=en&js=n&prev=_t&hl=sv&ie=UTF-8&eotf=1&u=http%3A%2F%2Fwww.konsumentverket.se%2Flagar--regler%2Flagar%2Fkonsumentkoplagen%2F&act=url

[Freedom24]

1.2   The Products are sold for business use only and Purchaser hereby accepts that it has purchased the Products in order to conduct a business.

I don't have a business.
How can I get a Miner?

I guess it is a way to get around some Swedish consumer laws:
http://translate.google.se/translate?sl=sv&tl=en&js=n&prev=_t&hl=sv&ie=UTF-8&eotf=1&u=http%3A%2F%2Fwww.konsumentverket.se%2Flagar--regler%2Flagar%2Fkonsumentkoplagen%2F&act=url

Can I Order On product or need I my own campany for that?

[johnyj]

Already more than 300 people watched that video

[KS]

...
They HAVE to state that because they will only give a 1 year warranty. The EU mandates the seller (even if you're just a mom and pop shop and not the OEM/maker) to give private customers (=not business) a *2* year warranty.

3 years in Sweden.

Does that apply to businesses too?

[ujka]

...
They HAVE to state that because they will only give a 1 year warranty. The EU mandates the seller (even if you're just a mom and pop shop and not the OEM/maker) to give private customers (=not business) a *2* year warranty.

3 years in Sweden.

Does that apply to businesses too?

No. Consumers only.

[Bitcoinorama]

Sweden's e-commerce law. I posted the EU wide e-commerce law the other day, but through the link posted above I found this;

http://translate.googleusercontent.com/translate_c?act=url&depth=1&hl=sv&ie=UTF8&nv=1&prev=_t&rurl=translate.google.se&sl=sv&tl=en&u=http://www.konsumentverket.se/Lagar--regler/Lagar/E-handelslagen/&usg=ALkJrhi91QUI2M8hR2wL27hTBsDbXKfdbw

Also the 'distance and doorstep selling act':

http://translate.googleusercontent.com/translate_c?act=url&depth=1&hl=sv&ie=UTF8&nv=1&prev=_t&rurl=translate.google.se&sl=sv&tl=en&u=http://www.konsumentverket.se/Lagar--regler/Lagar/Distans--och-hemforsaljningslagen/&usg=ALkJrhjyYv7yhCNofKvchp6abA-qyaOH8w

[Cablez]

So it is BFL all over again.  Nope that's a pass.

[FeedbackLoop]

And from the sounds of it they may make an extra buck by selling queue spots on the side:

https://bitcointalk.org/index.php?topic=221312.0

No one needs to know for sure...  except that the smell is intense.

[SebastianJu]

So they really started collecting money even before the open day? And they didnt want to show a working asic at open day, only a FPGA, something everyone can buy already. And then they give away miner as a lottery? Creepy... those are points where i will step aside. I only invest in projects where i dont have the slightest doubt now anymore. And it worked out. I hope you arent scammed but i have too much doubts now even more.

[MooC Tals]

So they really started collecting money even before the open day? And they didnt want to show a working asic at open day, only a FPGA, something everyone can buy already. And then they give away miner as a lottery? Creepy... those are points where i will step aside. I only invest in projects where i dont have the slightest doubt now anymore. And it worked out. I hope you arent scammed but i have too much doubts now even more.

Like I said before I won't buy one till it's a working unit.

[FeedbackLoop]

The lottery thing might denote simply financial distress so they need to get money in as fast as possible at the cost of reputation. However that doesn't sound promising either...

[Bitcoinorama]

The lottery thing might denote simply financial distress so they need to get money in as fast as possible at the cost of reputation. However that doesn't sound promising either...

How can they be in financial distress? They've built an FPGA and have no overheads yet.

More likely a bit of a silly PR move to get funds together to place a significant chip order that's required ASAP.

In any case it's silly as it's pre openday and they should have held back taking funds until after the open day, unless their schedule is that tight.

They have delayed the openday by almost two weeks though...

[Biomech]

The lottery thing might denote simply financial distress so they need to get money in as fast as possible at the cost of reputation. However that doesn't sound promising either...

Sounded more like PR to me. Get a few working models out there for the world to see. Not sure it's a good idea, but it's certainly bold.

[aigeezer]

I didn't like the feel of this one for quite a while, and yet... I'm pulled... moth to flame. Hehe - I've got a BFL order outstanding too, just this close to shipping, I'm told.

Fool me once? Opportunity knocking? Hero or goat? Obvious ripoff? Chance of a lifetime? Stick 'em with some fiat before the bottom falls out? Part with my precious BTC?

I'll sleep on it. Isn't life just about the weirdest thing you've ever done?

[mvidetto]

The lottery thing might denote simply financial distress so they need to get money in as fast as possible at the cost of reputation. However that doesn't sound promising either...

Ideally in the business world this is usually when the company then offers an IPO/attract investors to finance the company not ask for pre-order money...