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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3049457 times)
xstr8guy
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February 19, 2014, 01:12:33 AM
 #30101

<snip>

You ALL are getting the Cloudhashing option. ALL OF YOU.

</snip>


This!  ^^^^

And it really isn't an "option" since there will not be another choice.
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organofcorti
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February 19, 2014, 02:33:33 AM
Last edit: February 19, 2014, 02:48:55 AM by organofcorti
 #30102

If prices are denominated in fiat and bitcoin payments are not the only payment method available, then refunds should be in fiat.

If prices are denominated in btc, and btc is the only method of payment provided, then refunds should be in btc.



Ok well which is it?

Which prices are given on the website? I'm at work, and anything bitcoin related (apart from btctalk, weirdly) is blocked.

Prices are quoted in FIAT

Payments are either FIAT via Bank Transfer or via Bitcoin


So it would stand to reason that if you paid for a $10,000 item in Bitcoin you would get back $10,000 worth of Bitcoin
and if you did a bank transfer of $10,000 you would get back $10,000 via a bank transfer.

If prices are quoted in fiat and bitcoin is only a payment option, I'd consider the fiat price to be a fair return.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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joeventura
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February 19, 2014, 02:36:18 AM
 #30103

If prices are denominated in fiat and bitcoin payments are not the only payment method available, then refunds should be in fiat.

If prices are denominated in btc, and btc is the only method of payment provided, then refunds should be in btc.



Ok well which is it?

Which prices are given on the website? I'm at work, and anything bitcoin related (apart from btctalk, weirdly) is blocked.

Prices are quoted in FIAT

Payments are either FIAT via Bank Transfer or via Bitcoin


So it would stand to reason that if you paid for a $10,000 item in Bitcoin you would get back $10,000 worth of Bitcoin
and if you did a bank transfer of $10,000 you would get back $10,000 via a bank transfer.

If prices are quoted in fiat and bitcoin is only payment option, I'd consider the fiat price to be a fair return.


but thats not the case so why are we still discussing it?

and you edited it out of your last response, so  here is a question for you, Do you have a Neptune on order right now?

(my money is on NO)
organofcorti
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February 19, 2014, 02:47:50 AM
 #30104

If prices are denominated in fiat and bitcoin payments are not the only payment method available, then refunds should be in fiat.

If prices are denominated in btc, and btc is the only method of payment provided, then refunds should be in btc.



Ok well which is it?

Which prices are given on the website? I'm at work, and anything bitcoin related (apart from btctalk, weirdly) is blocked.

Prices are quoted in FIAT

Payments are either FIAT via Bank Transfer or via Bitcoin


So it would stand to reason that if you paid for a $10,000 item in Bitcoin you would get back $10,000 worth of Bitcoin
and if you did a bank transfer of $10,000 you would get back $10,000 via a bank transfer.

If prices are quoted in fiat and bitcoin is only payment option, I'd consider the fiat price to be a fair return.


but thats not the case so why are we still discussing it?

and you edited it out of your last response, so  here is a question for you, Do you have a Neptune on order right now?

(my money is on NO)

I edited it out because it's a pointless question. I also noticed that you didn't read my answer, or replied to it with a non-sequitur.

To answer your question no, I have no Neptunes on order - or any other miner. Why does that matter? I'm certainly less biased than someone who does have something to gain or lose.

Here's a question for you though. If the btc price had dropped to below the btc price you paid when ordering, would you still want the refund in bitcoin? Or do you just want whatever will give you the most value?

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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1l1l11ll1l
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February 19, 2014, 03:57:50 AM
 #30105

So where did the BTC refund come from did they buy it on bitstamp, or was it sent from 1A73ExsM2doRwTLp82rv5U36QHbBFmHD1X or from 1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX

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February 19, 2014, 04:01:02 AM
Last edit: February 19, 2014, 03:44:01 PM by joeventura
 #30106

If prices are denominated in fiat and bitcoin payments are not the only payment method available, then refunds should be in fiat.

If prices are denominated in btc, and btc is the only method of payment provided, then refunds should be in btc.



Ok well which is it?

Which prices are given on the website? I'm at work, and anything bitcoin related (apart from btctalk, weirdly) is blocked.

Prices are quoted in FIAT

Payments are either FIAT via Bank Transfer or via Bitcoin


So it would stand to reason that if you paid for a $10,000 item in Bitcoin you would get back $10,000 worth of Bitcoin
and if you did a bank transfer of $10,000 you would get back $10,000 via a bank transfer.

If prices are quoted in fiat and bitcoin is only payment option, I'd consider the fiat price to be a fair return.


but thats not the case so why are we still discussing it?

and you edited it out of your last response, so  here is a question for you, Do you have a Neptune on order right now?

(my money is on NO)

I edited it out because it's a pointless question. I also noticed that you didn't read my answer, or replied to it with a non-sequitur.

To answer your question no, I have no Neptunes on order - or any other miner. Why does that matter? I'm certainly less biased than someone who does have something to gain or lose.

Here's a question for you though. If the btc price had dropped to below the btc price you paid when ordering, would you still want the refund in bitcoin? Or do you just want whatever will give you the most value?

It doesn't matter, but I am a customer of KNC and I come here for INFORMATION about the company and all I have seen of late is (not just you so don't take it personal) a bunch of people whining and speculating and postulating about stuff that is old news, about the train that has left the station. And frankly like I have said earlier, This company will never see another dime of mine, but they have never seen a dime from you and the arm chair/no skin in the game comments from many here is just getting old.

Again not a personal attack but pages and pages and pages of bullsh*t is just so tedious.

Here is the reality:

People who have ordered Neptunes, you are all now KNCCLOUD.COM customers. Period. End of story.
You can stop postulating about delivery dates. There is going to be no delivery so you can stop talking about it.

Regarding refunds:
If 1 year of 3TH hashing power delivered to you on (HAHAHA) June 1st (101 days from now, or about 10 difficulty increases) is going to make you back your purchase price then by all means don't get a refund (and remind me to tell you about a bridge I have to sell)

The facts of life:

Bitcoinorama is gone, he isn't coming back because his employers LIED to him (the lie of omission) and he won't come here and face the wrath, I wouldn't ether.

If you ask KNC if they have any intention to deliver the Neptune rather than start a cloud mining company called KNCCLOUD.COM (domain already registered) they are going to LIE to you or the customer service people will just give you some crappy polite response.

In the last week of May all customers will likely get an email saying "Sorry we didn't make it in time, PLan B is what we are going with"

then in July the Neptune will populate the biggest Cloud hashing company on the planet. KNCCLOUD.com

Such short memories you all have. I told you Plan B was coming a full week before it happened as I recall.

You can buy 3TH of Antminers today for that $12k and make up the extra cost of electricity plus a huge profit and start hashing in a week or two.

This of course is all just MY Opinion. I could be wrong. (but don't count on it)

 
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February 19, 2014, 04:05:19 AM
 #30107



Here's a question for you though. If the btc price had dropped to below the btc price you paid when ordering, would you still want the refund in bitcoin? Or do you just want whatever will give you the most value?

Here is your answer, If you paid for your $12k Neptune with $12k worth of BTC, then you will get $12k worth of BTC back.


Ask someone who paid in BTC and asked for a refund what happened.

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February 19, 2014, 04:19:45 AM
 #30108



Here's a question for you though. If the btc price had dropped to below the btc price you paid when ordering, would you still want the refund in bitcoin? Or do you just want whatever will give you the most value?

Here is your answer, If you paid for your $12k Neptune with $12k worth of BTC, then you will get $12k worth of BTC back.


Ask someone who paid in BTC and asked for a refund what happened.



Ah, well I misunderstood you - that's what I would have expected to happen.

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
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arlekyn13
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February 19, 2014, 06:06:04 AM
 #30109

So where did the BTC refund come from did they buy it on bitstamp, or was it sent from 1A73ExsM2doRwTLp82rv5U36QHbBFmHD1X or from 1Nbq2XZaRsKknf5fcT2wTXvBS31PaUWSeX

First part of your question: no idea
Second part: no

1CmrswU7JYpi9WNC8EHWCV3aam1FJsW2Zu - to show appreciation for my work
1Neptune
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February 19, 2014, 06:59:01 AM
 #30110

If prices are denominated in fiat and bitcoin payments are not the only payment method available, then refunds should be in fiat.

If prices are denominated in btc, and btc is the only method of payment provided, then refunds should be in btc.



Ok well which is it?

Which prices are given on the website? I'm at work, and anything bitcoin related (apart from btctalk, weirdly) is blocked.

Prices are quoted in FIAT

Payments are either FIAT via Bank Transfer or via Bitcoin


So it would stand to reason that if you paid for a $10,000 item in Bitcoin you would get back $10,000 worth of Bitcoin
and if you did a bank transfer of $10,000 you would get back $10,000 via a bank transfer.

If prices are quoted in fiat and bitcoin is only payment option, I'd consider the fiat price to be a fair return.


but thats not the case so why are we still discussing it?

and you edited it out of your last response, so  here is a question for you, Do you have a Neptune on order right now?

(my money is on NO)

I edited it out because it's a pointless question. I also noticed that you didn't read my answer, or replied to it with a non-sequitur.

To answer your question no, I have no Neptunes on order - or any other miner. Why does that matter? I'm certainly less biased than someone who does have something to gain or lose.

Here's a question for you though. If the btc price had dropped to below the btc price you paid when ordering, would you still want the refund in bitcoin? Or do you just want whatever will give you the most value?

...snip...

The facts of life:

Bitcoinorama is gone, he isn't coming back because his employers LIED to him and he won't come here and face the wrath, I wouldn't ether.

...snip...
 

Do you think Bitcoinorama is under a non-disclosure agreement and has left the company?

For what it's worth:

knccloud.com was registered 09-jan-2014

whois shows this as the registrant, admin and technical contact: samcole@hotmail.co.uk
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February 19, 2014, 07:55:41 AM
Last edit: February 19, 2014, 11:57:07 AM by ElGabo
 #30111

If prices are denominated in fiat and bitcoin payments are not the only payment method available, then refunds should be in fiat.

If prices are denominated in btc, and btc is the only method of payment provided, then refunds should be in btc.



Ok well which is it?

Which prices are given on the website? I'm at work, and anything bitcoin related (apart from btctalk, weirdly) is blocked.

Prices are quoted in FIAT

Payments are either FIAT via Bank Transfer or via Bitcoin


So it would stand to reason that if you paid for a $10,000 item in Bitcoin you would get back $10,000 worth of Bitcoin
and if you did a bank transfer of $10,000 you would get back $10,000 via a bank transfer.

If prices are quoted in fiat and bitcoin is only payment option, I'd consider the fiat price to be a fair return.


but thats not the case so why are we still discussing it?

and you edited it out of your last response, so  here is a question for you, Do you have a Neptune on order right now?

(my money is on NO)

I edited it out because it's a pointless question. I also noticed that you didn't read my answer, or replied to it with a non-sequitur.

To answer your question no, I have no Neptunes on order - or any other miner. Why does that matter? I'm certainly less biased than someone who does have something to gain or lose.

Here's a question for you though. If the btc price had dropped to below the btc price you paid when ordering, would you still want the refund in bitcoin? Or do you just want whatever will give you the most value?

It doesn't matter, but I am a customer of KNC and I come here for INFORMATION about the company and all I have seen of late is (not just you so don't take it personal) a bunch of people whining and speculating and postulating about stuff that is old news, about the train that has left the station. And frankly like I have said earlier, This company will never see another dime of mine, but they have never seen a dime from you and the arm chair/no skin in the game comments from many here is just getting old.

Again not a personal attack but pages and pages and pages of bullsh*t is just so tedious.

Here is the reality:

People who have ordered Neptunes, you are all now KNCCLOUD.COM customers. Period. End of story.
You can stop postulating about delivery dates. There is going to be no delivery so you can stop talking about it.

Regarding refunds:
If 1 year of 3TH hashing power delivered to you on (HAHAHA) June 1st (101 days from now, or about 10 difficulty increases) is going to make you back your purchase price then by all means don't get a refund (and remind me to tell you about a bridge I have to sell)

The facts of life:

Bitcoinorama is gone, he isn't coming back because his employers LIED to him and he won't come here and face the wrath, I wouldn't ether.

If you ask KNC if they have any intention to deliver the Neptune rather than start a cloud mining company called KNCCLOUD.COM (domain already registered) they are going to LIE to you or the customer service people will just give you some crappy polite response.

In the last week of May all customers will likely get an email saying "Sorry we didn't make it in time, PLan B is what we are going with"

then in July the Neptune will populate the biggest Cloud hashing company on the planet. KNCCLOUD.com

Such short memories you all have. I told you Plan B was coming a full week before it happened as I recall.

You can buy 3TH of Antminers today for that $12k and make up the extra cost of electricity plus a huge profit and start hashing in a week or two.

This of course is all just MY Opinion. I could be wrong. (but don't count on it)

 

Big + 1

I think the same in the last few weeks but my Englis isn't enough good to write it down.

That sucks....

" I'm waiting for my punishment, I know it's on my way
  So cut, cut, cut me up and fuck, fuck, fuck me up"
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February 19, 2014, 11:11:59 AM
 #30112



Here's a question for you though. If the btc price had dropped to below the btc price you paid when ordering, would you still want the refund in bitcoin? Or do you just want whatever will give you the most value?

Here is your answer, If you paid for your $12k Neptune with $12k worth of BTC, then you will get $12k worth of BTC back.

Ask someone who paid in BTC and asked for a refund what happened.


I paid in bitcoin and have been refused a refund in bitcoin
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February 19, 2014, 11:23:32 AM
Last edit: February 19, 2014, 06:16:16 PM by Biffa
 #30113

This of course is all just MY Opinion. I could be wrong. (but don't count on it)

 

Smiley

If it's just your opinion, and thank you for putting that in there, then surely they can't be "facts of life" or. "reality" right?

Wink

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February 19, 2014, 11:25:23 AM
 #30114

I am very tempted to ask for a refund ...

paying 10,181.00 USD for a Neptune, asking for a refund now I should have 16 Bitcoin. (10,181 divided by $ 630)


right ?
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February 19, 2014, 11:27:35 AM
 #30115

I am very tempted to ask for a refund ...

paying 10,181.00 USD for a Neptune, asking for a refund now I should have 16 Bitcoin. (10,181 divided by $ 630)


right ?
Well, I suspect you'll just get 10,181USD (in 3-10 days) which you can then use to buy BTC at the BTC price in 3-10 days time.
It doesn't sound like single Neptune order refunds are getting BTC refunded if the Neptune was paid for in BTC.

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MONETARYUNIT
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February 19, 2014, 12:55:19 PM
 #30116

http://eligius.st/~wizkid057/newstats/userstats.php/1A73ExsM2doRwTLp82rv5U36QHbBFmHD1X

in 2 days increased 40% from 1000Th/s to 1400Th/s... where our neptunes?? there are our neptunes...?

 


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February 19, 2014, 01:00:52 PM
 #30117

This of course is all just MY Opinion. I could be wrong. (but don't count on it)

 

Smiley

If it's just your opinion, and that you for putting that in there, then surely they can't be "facts of life" or. "reality" right?

Wink


Well you keep hoping that my "opinions" turn out to be wrong.
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February 19, 2014, 02:27:45 PM
 #30118

http://eligius.st/~wizkid057/newstats/userstats.php/1A73ExsM2doRwTLp82rv5U36QHbBFmHD1X

in 2 days increased 40% from 1000Th/s to 1400Th/s... where our neptunes?? there are our neptunes...?

Another double row is activated (first one side, then another-it is all visible on a graph)-see previous calculations.
I hope that once they reach ~3000Th, batch zero will be "fulfilled" and start hashing for Neptune preorders, assuming 20% refunds in batch zero.
I know that there are no guarantees, but it would be a logical thing to do.
Anything else (buildup without hashing for customers) would be tremendously upsetting for all people who preordered.
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February 19, 2014, 02:58:05 PM
 #30119

paid in btc - refunded in fiat today (refund requested 2nd february)

immediately wrote back to 'kurt'

i received 5,941.78 GBP today which equals 9,896.52 US Dollar

As you will be aware, i paid 10,253 USD to you on the 23rd of Dec.

Can you explain where 356.48 USD / 213.54 GBP has gone??

and more importantly can you see a way to rectify this discrepancy?

Sincerely


....And 'Old Dominiom' was Alex'wantedtobeandgotpwndbyswedes'orama....

he had to get that shit off his birdchest....the gimp!
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February 19, 2014, 03:08:06 PM
 #30120


....And 'Old Dominiom' was Alex'wantedtobeandgotpwndbyswedes'orama....

he had to get that shit off his birdchest....the gimp!

I vaguely remember that long post. Was it "Old dominion" rather? Right now search does not show anything on "old dominion" or even "old domimiom" (misspelled)
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