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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3039472 times)
Phoenix1969
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January 24, 2014, 10:05:22 PM
 #28721

CTS is legit.
Traced them finally...   http://www.cms.uk.com/   they are indeed a subsidiary, and in the same building, and same voice on recording, and one digit off on tele #  and My brother talked with Rebecca.  I still don't want one though.


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Phoenix1969
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January 24, 2014, 10:07:00 PM
 #28722

Is it a 100% refund you get from KnC inclusive the VAT and shipping cost?
KNC doesn't collect VAT monies. Your government does; and you pay it AFTER it's shipped, so....no.

You like to generalize, don't you  Grin

America is not the world  Tongue
In Europe if you are not VAT registered you pay VAT, which KNC collects on behalf of each country tax office Wink

Well you haven't paid any VAT yet though, I suppose? Here in Sweden you pay customs fee's when shipped.

Anyone of you considered having someone swedish pick it up and write down the value for customs btw? Would increase the value of it quite a bit
USA doesnt collect VAT.... they dont charge one.  , VAT collected after shipment by holding house in australia as well.
don't know about UK, but everyone seemed to be like "manofthepeople" here, charged later....  when it gets shipped
Not a single customer has been charged VAT by KNC as far as I know; it's all done external.


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mattie
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January 24, 2014, 10:07:08 PM
 #28723

Too bail or not to bail out thats the question  Undecided
Easy2Mine
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January 24, 2014, 10:10:48 PM
 #28724

Order price: $ 9,995.00
Shipping price: $ 150.50
Total price: $ 12,276.06 per Neptune (This is inclusive VAT for The Netherlands)

The Avenger
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January 24, 2014, 10:10:55 PM
 #28725

CTS is legit.
Traced them finally...   http://www.cms.uk.com/   they are indeed a subsidiary, and in the same building, and same voice on recording, and one digit off on tele #  and My brother talked with Rebecca.  I still don't want one though.
I tracked them down to CMS a few hour ago, thanks for the credit
https://bitcointalk.org/index.php?topic=429513.msg4714999#msg4714999

And I am 99% certain they are a SCAM. Don't say they are legit when they have produced NO credentials.

"I am not The Avenger"
1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
Phoenix1969
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January 24, 2014, 10:13:19 PM
 #28726

CTS is legit.
Traced them finally...   http://www.cms.uk.com/   they are indeed a subsidiary, and in the same building, and same voice on recording, and one digit off on tele #  and My brother talked with Rebecca.  I still don't want one though.
I tracked them down to CMS a few hour ago, thanks for the credit
https://bitcointalk.org/index.php?topic=429513.msg4714999#msg4714999

And I am 99% certain they are a SCAM. Don't say they are legit when they have produced NO credentials.
You obviously haven't seen this...  http://www.cms.uk.com/   and I just told you I checked them out, as did my brother. I thought the same, until we did some investigating. Absence of evidence isn't evidence of absence. Do your homework.


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ASIC-K
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January 24, 2014, 10:14:34 PM
 #28727

im with avenger, looks like a complete scam job.
Phoenix1969
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January 24, 2014, 10:16:54 PM
 #28728

im with avenger, looks like a complete scam job.
I totally agree what it looks like on the site... 


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The Avenger
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January 24, 2014, 10:19:17 PM
 #28729

CTS is legit.
Traced them finally...   http://www.cms.uk.com/   they are indeed a subsidiary, and in the same building, and same voice on recording, and one digit off on tele #  and My brother talked with Rebecca.  I still don't want one though.
I tracked them down to CMS a few hour ago, thanks for the credit
https://bitcointalk.org/index.php?topic=429513.msg4714999#msg4714999

And I am 99% certain they are a SCAM. Don't say they are legit when they have produced NO credentials.
You obviously haven't seen this...  http://www.cms.uk.com/   and I just told you I checked them out, as did my brother. I thought the same, until we did some investigating. Absence of evidence isn't evidence of absence. Do your homework.
I did, as the link above proves. When did you ring them?

If they are so legit, how come you will keep $10k pre-orders for a 3TH machine from knc, when you could get 5TH from this "legit" company delivered on 7th April?

I don't even know why I bother to reply to your posts...

EDIT: I'm not going to reply to your latest post. You are obviously off the medication

"I am not The Avenger"
1AthxGvreWbkmtTXed6EQfjXMXXdSG7dD6
Phoenix1969
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January 24, 2014, 10:21:08 PM
 #28730

CTS is legit.
Traced them finally...   http://www.cms.uk.com/   they are indeed a subsidiary, and in the same building, and same voice on recording, and one digit off on tele #  and My brother talked with Rebecca. I still don't want one though.
I tracked them down to CMS a few hour ago, thanks for the credit
https://bitcointalk.org/index.php?topic=429513.msg4714999#msg4714999

And I am 99% certain they are a SCAM. Don't say they are legit when they have produced NO credentials.
You obviously haven't seen this...  http://www.cms.uk.com/   and I just told you I checked them out, as did my brother. I thought the same, until we did some investigating. Absence of evidence isn't evidence of absence. Do your homework.
I did, as the link above proves. When did you ring them?

If they are so legit, how come you will keep $10k pre-orders for a 3TH machine from knc, when you could get 5TH from this "legit" company delivered on 7th April?

I don't even know why I bother to reply to your posts...
You didnt read my post very well.  I said I still dont want one, and BTW, my preorders have been re-sold... remember?  lol
I'm doing what every other miner is right now, crunching the numbers... over & over. It doesn't look nearly as good as one would xpect with the looming diffrise.
They have credentials out the yang...  they're just not posted on the site.


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tdcooper99
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January 24, 2014, 10:26:32 PM
 #28731

Not a single customer has been charged VAT by KNC as far as I know; it's all done external.

Yup, you are exactly right.... as far as you know. :-)

But in the meantime, as a European purchaser, UK specifically... I can assure anyone that cancellation includes purchase price, the VAT collected by KnC & shipping. I lost a few hundred £ unfortunately due to currency fluctuation... But the refund was completed within a week of being requested.
Phoenix1969
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January 24, 2014, 10:29:09 PM
 #28732

Not a single customer has been charged VAT by KNC as far as I know; it's all done external.

Yup, you are exactly right.... as far as you know. :-)

But in the meantime, as a European purchaser, UK specifically... I can assure anyone that cancellation includes purchase price, the VAT charged by KnC & shipping. I lost a few hundred £ unfortunately due to currency fluctuation... But the refund was completed within a week of being requested.
Are you telling me, that KNC charged you a VAT, collected that VAT upon purchase, and never refunded it when you refunded your order??


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kendog77
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January 24, 2014, 10:32:14 PM
 #28733

I'm surprised that so many folks are jumping ship on the Neptune without hearing a peep from Knc.

An official Neptune status update is long overdue. Now that Hashfast is shipping, maybe they will release more Jupiters.

I would love to exchange a Neptune pre-order for 3 Jupiters delivered immediately, as would everyone else, which puts Knc in a tough position.
krampus
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January 24, 2014, 10:32:36 PM
 #28734

Not a single customer has been charged VAT by KNC as far as I know; it's all done external.

Yup, you are exactly right.... as far as you know. :-)

But in the meantime, as a European purchaser, UK specifically... I can assure anyone that cancellation includes purchase price, the VAT charged by KnC & shipping. I lost a few hundred £ unfortunately due to currency fluctuation... But the refund was completed within a week of being requested.
Are you telling me, that KNC charged you a VAT, collected that VAT upon purchase, and never refunded it when you refunded your order??

That's definitely not what he said.

I pledge never to use this space for sleazy referrals, gambling spam, or to beg for handouts.
tdcooper99
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January 24, 2014, 10:32:41 PM
 #28735

Not a single customer has been charged VAT by KNC as far as I know; it's all done external.

Yup, you are exactly right.... as far as you know. :-)

But in the meantime, as a European purchaser, UK specifically... I can assure anyone that cancellation includes purchase price, the VAT charged by KnC & shipping. I lost a few hundred £ unfortunately due to currency fluctuation... But the refund was completed within a week of being requested.
Are you telling me, that KNC charged you a VAT, collected that VAT upon purchase, and never refunded it when you refunded your order??

Errrrr... No? Full refund of everything..... I only lost money due to they difference in USD to GBP exchange between Dec. 2 and refund a couple weeks ago..
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January 24, 2014, 10:35:17 PM
 #28736

Is it a 100% refund you get from KnC inclusive the VAT and shipping cost?
KNC doesn't collect VAT monies. Your government does; and you pay it AFTER it's shipped, so....no.

You like to generalize, don't you  Grin

America is not the world  Tongue
In Europe if you are not VAT registered you pay VAT, which KNC collects on behalf of each country tax office Wink

Well you haven't paid any VAT yet though, I suppose? Here in Sweden you pay customs fee's when shipped.

Anyone of you considered having someone swedish pick it up and write down the value for customs btw? Would increase the value of it quite a bit
USA doesnt collect VAT.... they dont charge one.  , VAT collected after shipment by holding house in australia as well.
don't know about UK, but everyone seemed to be like "manofthepeople" here, charged later....  when it gets shipped
Not a single customer has been charged VAT by KNC as far as I know; it's all done external.

Allow me to enlighten you how VAT works within the European Union, which is practically almost all of Europe.

KNC = VAT Registered business
KNC sells to private customer = VAT is charged by KNC and paid by customer on point of sale.
KNC sells to business customer = VAT is not charged to customer, but he is liable to report it on his tax returns and pay it after receiving the miner. He can use it as a tax credit towards VAT sales, but that not within the scope of this topic.

Now I assume most European customers are indeed private buyers, that are not VAT registered, therefore they pay VAT to KNC, who in turn are liable to report it to their tax office via the VIES (VAT Information Exchange System). Also if they sell to the general public they must display prices inclusive of VAT, which they don't.

So yeah KNC charges VAT to a lot of customers Wink
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January 24, 2014, 10:35:31 PM
Last edit: January 25, 2014, 02:39:17 AM by Phoenix1969
 #28737

Not a single customer has been charged VAT by KNC as far as I know; it's all done external.
Yup, you are exactly right.... as far as you know. :-)

But in the meantime, as a European purchaser, UK specifically... I can assure anyone that cancellation includes purchase price, the VAT charged by KnC & shipping. I lost a few hundred £ unfortunately due to currency fluctuation... But the refund was completed within a week of being requested.
Are you telling me, that KNC charged you a VAT, collected that VAT upon purchase, and never refunded it when you refunded your order??

Errrrr... No? Full refund of everything..... I only lost money due to they difference in USD to GBP exchange between Dec. 2 and refund a couple weeks ago..
kk, thanks


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Easy2Mine
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January 24, 2014, 10:40:14 PM
 #28738

@tdcooper99
Thank you for your info

timmmers
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January 24, 2014, 10:40:56 PM
 #28739

Not a single customer has been charged VAT by KNC as far as I know; it's all done external.

Yup, you are exactly right.... as far as you know. :-)

But in the meantime, as a European purchaser, UK specifically... I can assure anyone that cancellation includes purchase price, the VAT charged by KnC & shipping. I lost a few hundred £ unfortunately due to currency fluctuation... But the refund was completed within a week of being requested.
Are you telling me, that KNC charged you a VAT, collected that VAT upon purchase, and never refunded it when you refunded your order??

No, he says he got the VAT back. KNC don't pay the VAT right away, they pay it on sales later in the year so a refund isn't a sale anymore on their books and doesn't require any VAT. They collect it on the govt's behalf, the govt doesn't get it ...something that pisses a lot of small businesses off if they only just cross the VAT threshold, they may not have predicted they'd do that and not charge VAT, then become liable for it at year end when their sales exceed their pedictions. Some businesses even stay closed to avoid needing to register for VAT.

IF they keep  any of your payment it's fraud unless there's a cancellation penalty clause.

With Sweden now classing mining as a business because BTC is a commodity liable for CGT on profits, it may even pay for miners there to register for VAT so they can claim it back...along with relief on capital expenditure on rigs and power etc it could make a serious difference now the game got a lot more industrial. How will they measure profits? No clue. lol

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January 24, 2014, 10:53:26 PM
 #28740

Time to lower your prices KNC

https://bitcointalk.org/index.php?topic=429513.120

Impossible is a word found only in the dictionary of fools.
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