Swedish ASIC miner company kncminer.com

[Phoenix1969]

That would be epic...  
Police showing up to the Stockholm office over an ignored refund request...  

If I were totally optimistic, maybe too busy means delivery soon...  I know... Wishful thinking...

Just curious.... what's considered a "Large order"?  
@ 10 and 13k a pop, anything over one?

I refunded a couple at once, they never hesitated, but I did have the SWIFTcode issue on my end, so it took a few emails, and a new bank that actually has one... believe it or not, a large percentage of "Local Banks" do not, although they profess they do international transfers, had no swift. They still maintain they can "Do my transfer", yet have no swift to initiate it. I talked with Bank Managers, and regional managers, who all were under the assumption things are "hunky dory" with their system of giving out BIC, and Routing numbers, and in a "Tierd fashion", meaning sets of them.
A Swiftcode has no need for any of that. Just the short Swiftcode and account your number is all that's needed if your bank is a true international bank. When I switched to this account, KNC was able to do the refund easily, and my deposits and withdrawals at the exchanges are much faster.
2 to 4 days MAX. It has never taken longer here with that "Good" account... with the other account... on the exchanges, it would take about 10 days.
hope that's useful somewhere.

[edgar]

keep bumping up your posts counts - you will never clear your tarnished name - even with all your 'helpful' condescension.


Remember folks - No Honour Among Thieves!

[Searing]

That would be epic...  
Police showing up to the Stockholm office over an ignored refund request...  

If I were totally optimistic, maybe too busy means delivery soon...  I know... Wishful thinking...

Just curious.... what's considered a "Large order"?  
@ 10 and 13k a pop, anything over one?

I refunded a couple at once, they never hesitated, but I did have the SWIFTcode issue on my end, so it took a few emails, and a new bank that actually has one... believe it or not, a large percentage of "Local Banks" do not, although they profess they do international transfers, had no swift. They still maintain they can "Do my transfer", yet have no swift to initiate it. I talked with Bank Managers, and regional managers, who all were under the assumption things are "hunky dory" with their system of giving out BIC, and Routing numbers, and in a "Tierd fashion", meaning sets of them.
A Swiftcode has no need for any of that. Just the short Swiftcode and account your number is all that's needed if your bank is a true international bank. When I switched to this account, KNC was able to do the refund easily, and my deposits and withdrawals at the exchanges are much faster.
2 to 4 days MAX. It has never taken longer here with that "Good" account... with the other account... on the exchanges, it would take about 10 days.
hope that's useful somewhere.

yeah same as me bank issue no swift code bank claimed not a problem at their end (no code) so went to diff bank and it was done in 10min...so yeah...just push for USD get all the info to them they want make sure you have a swift code to USD to them...if it is all their they probably will look at email and if correct simply send it off directly to get paid (what happened with my 2nd neptune order i sent the info in they did no reply to that email just sent me and email saying it is all good and such)

anyway my view ..try it in USD in this manner ...maybe the BTC is the problem...can't hurt worse that will happen is
they will lag on that process as well

let us know

Searing

(watching this thread is like KNC morphing into BTC.....makes my back itch)

[faetos]

Someone asked what was up with their farm in their forum and it quickly got deleted. At least I got to post that karma's a bitch before it got "there's nothing to see here. Move along." Tools

[agath]

I also asked for a refund a couple of weeks ago and their support just answers that they are "too busy" and this causes delay.

[Phoenix1969]

I also asked for a refund a couple of weeks ago and their support just answers that they are "too busy" and this causes delay.

You too with the "too busy: answer? OMG wtf?      
Our finance team is too busy to refund your order(s)?  
That is totally..... uhmmmm    illegal!
NOW I'm totally puzzled and hope they decide to"find the time". before they say that to the wrong person.
Refunds up to shipping...  If we have the time?
What could  the Customer service and finance teams possibly be so busy doing?  Counting Boden coins?
Deja-Vu again....
Hopefully this is a replay of last time they started this...  I remember this with Jupiter right before shipping started.
uggh   I'm getting disgusted with those actions. It's straight up breech of contract, following their own T&C.

"Too busy" is simply NOT an acceptable answer.  Shame.  
*Especially when units started @ 10 grand
apologies Tornate ....  hope you hear from them soon.

[smoothrunnings]

I also asked for a refund a couple of weeks ago and their support just answers that they are "too busy" and this causes delay.

You too with the "too busy: answer? OMG wtf?       
Our finance team is too busy to refund your order(s)? 
That is totally..... uhmmmm    illegal!
NOW I'm totally puzzled and hope they decide to"find the time". before they say that to the wrong person.
Refunds up to shipping...  If we have the time?
What could  the Customer service and finance teams possibly be so busy doing?  Counting Boden coins?
Deja-Vu again....
Hopefully this is a replay of last time they started this...  I remember this with Jupiter right before shipping started.
uggh   I'm getting disgusted with those actions. It's straight up breech of contract, following their own T&C.

Take a trip to KnC Miner's offices with your video camera and post your results on line.

[Littleshop]

I also asked for a refund a couple of weeks ago and their support just answers that they are "too busy" and this causes delay.

You too with the "too busy: answer? OMG wtf?      
Our finance team is too busy to refund your order(s)?  
That is totally..... uhmmmm    illegal!
NOW I'm totally puzzled and hope they decide to"find the time". before they say that to the wrong person.
Refunds up to shipping...  If we have the time?
What could  the Customer service and finance teams possibly be so busy doing?  Counting Boden coins?
Deja-Vu again....
Hopefully this is a replay of last time they started this...  I remember this with Jupiter right before shipping started.
uggh   I'm getting disgusted with those actions. It's straight up breech of contract, following their own T&C.

"Too busy" is simply NOT an acceptable answer.   shame.

How long till your gear would have paid for itself?  That is how long your refund might take.  Coincidence? 

[Phoenix1969]

I also asked for a refund a couple of weeks ago and their support just answers that they are "too busy" and this causes delay.

You too with the "too busy: answer? OMG wtf?      
Our finance team is too busy to refund your order(s)?  
That is totally..... uhmmmm    illegal!
NOW I'm totally puzzled and hope they decide to"find the time". before they say that to the wrong person.
Refunds up to shipping...  If we have the time?
What could  the Customer service and finance teams possibly be so busy doing?  Counting Boden coins?
Deja-Vu again....
Hopefully this is a replay of last time they started this...  I remember this with Jupiter right before shipping started.
uggh   I'm getting disgusted with those actions. It's straight up breech of contract, following their own T&C.

"Too busy" is simply NOT an acceptable answer.   shame.

How long till your gear would have paid for itself?  That is how long your refund might take.  Coincidence?  

Someone should let coindesk know that KNC is "Too busy to do refunds" now.
Times two?,  three?  how many got this answer?

[wasubii]

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0

He's in denial.  The Neptune is quickly becoming (if it wasn't already) a terrible purchase.

Agreed, and I don't even think the power usage numbers on the Neptune will be that great, so that won't even save buyers.

November Jupiters used 1.3W/GH, so a Neptune will probably use ~1W/GH, which has already been matched by many competitors.

In my opinion, it's a huge mistake to be overly loyal to any mining hardware manufacturer in this game. That bias will likely cost you a lot of money.

wow, you'd rather a single terrahash for 5600 dollars, or 2th for 12k, not even knowing if they will deliver?
How many have they delivered so far?  
Not my cup of tea
Remember just a few months ago when peeps said the same about Jupiter, and refunded for Hashfast and Cointerra?
Deja-Vu
...and now they are salty.
Same will happen here. Stoked. It's like an instant replay.
Remember when "Jupiters will never make ROI" was the theme?
hahahahaa

Most jupiters have yet to ROI in BTC terms. Dickhead.

[Phoenix1969]

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0

He's in denial.  The Neptune is quickly becoming (if it wasn't already) a terrible purchase.

Agreed, and I don't even think the power usage numbers on the Neptune will be that great, so that won't even save buyers.

November Jupiters used 1.3W/GH, so a Neptune will probably use ~1W/GH, which has already been matched by many competitors.

In my opinion, it's a huge mistake to be overly loyal to any mining hardware manufacturer in this game. That bias will likely cost you a lot of money.

wow, you'd rather a single terrahash for 5600 dollars, or 2th for 12k, not even knowing if they will deliver?
How many have they delivered so far?  
Not my cup of tea
Remember just a few months ago when peeps said the same about Jupiter, and refunded for Hashfast and Cointerra?
Deja-Vu
...and now they are salty.
Same will happen here. Stoked. It's like an instant replay.
Remember when "Jupiters will never make ROI" was the theme?
hahahahaa

Most jupiters have yet to ROI in BTC terms. Dickhead.

*Bullshit.*

You are saying you've had 5 months to mine with your Jupiter(s), and haven't made ROI in btc?
Nearly impossible unless you had major problems, or simply didn't mine with them. Wow.
Maybe you should try another investment, seriously.
Most had ROI within a couple months dude... look back in this thread.

[the-skeptic]

Wow. At first I had some regret over selling my pre-order Neptunes, but now I feel a little better.

So how does KNC reconcile their previous "5%" statement regarding mining and their new data center? Is the data center owned by someone's "Brother" or "Cousin", and therefore technically not a KNC data center?

[kendog77]

FUD? I can order 3 1TH Coincraft miners with a delivery date of March 29th for $11,000 right now, and Knc hasn't shipped a single Neptune or even given buyers any idea of when they will be delivered. I'm amazed that everyone who doesn't have a day one order hasn't cancelled yet, and even day one orders are looking worse and worse by the day.

https://bitcointalk.org/index.php?topic=514758.0

He's in denial.  The Neptune is quickly becoming (if it wasn't already) a terrible purchase.

Agreed, and I don't even think the power usage numbers on the Neptune will be that great, so that won't even save buyers.

November Jupiters used 1.3W/GH, so a Neptune will probably use ~1W/GH, which has already been matched by many competitors.

In my opinion, it's a huge mistake to be overly loyal to any mining hardware manufacturer in this game. That bias will likely cost you a lot of money.

wow, you'd rather a single terrahash for 5600 dollars, or 2th for 12k, not even knowing if they will deliver?
How many have they delivered so far? 
Not my cup of tea
Remember just a few months ago when peeps said the same about Jupiter, and refunded for Hashfast and Cointerra?
Deja-Vu
...and now they are salty.
Same will happen here. Stoked. It's like an instant replay.
Remember when "Jupiters will never make ROI" was the theme?
hahahahaa

Most jupiters have yet to ROI in BTC terms. Dickhead.

*Bullshit.*

I agree with Phoenix. My November Jupiters ROIed in BTC terms in January. They have been my most profitable hardware purchase to date, and my only regret is not buying many more of them when I had the chance!

[helmax]

wow phoenix is angry 

[wasubii]

Can you explain how that statement equates into larger diffchanges over the next couple months?

It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does.

200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.

hmmm, i think u have overlooked the comming new Boss in town:

spongebob-tech:

http://www.spondoolies-tech.com/

I'm ignoring them for good reason: They have not been vetted.

Just like you ignored the company in the UK that you and your 'brother' sent your bitcoins to and were 'scammed' (i.e, shilled for so others would fall for the scam)

[Biomech]

... so basically, KFC got the bitcoin community to fund their mining farm?

Is that a trick question?   hehe
Guess it depends how you look at it.
big Yes and absolutely not at the same time.  
My question would be "Now that "plan B" is nil, will they sell cloud?

They sell crap, I have refunded my early costumer batch order and I am glad I did

Really they ARE mining with your mining power, you and all other "costumers" funded their farm.

Now go get yourselfs some KFC and enjoy this major Clusterfuck.

Cheers

So the movie industry funded them? Funny, I thought it was the miners...

[Phoenix1969]

Can you explain how that statement equates into larger diffchanges over the next couple months?

It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does.

200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.

hmmm, i think u have overlooked the comming new Boss in town:

spongebob-tech:

http://www.spondoolies-tech.com/

I'm ignoring them for good reason: They have not been vetted.

Just like you ignored the company in the UK that you and your 'brother' sent your bitcoins to and were 'scammed' (i.e, shilled for so others would fall for the scam)

Which is exactly the reason for my caution...
Go get some coffee dude...  relax.
and btw...  you are posting to comments from a few days back
they have been vetted now.

[wasubii]

Can you explain how that statement equates into larger diffchanges over the next couple months?

It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does.

200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.

hmmm, i think u have overlooked the comming new Boss in town:

spongebob-tech:

http://www.spondoolies-tech.com/

I'm ignoring them for good reason: They have not been vetted.

Just like you ignored the company in the UK that you and your 'brother' sent your bitcoins to and were 'scammed' (i.e, shilled for so others would fall for the scam)

Which is exactly the reason for my caution...
Go get some coffee dude...  relax.
and btw...  you are posting to comments from a few days back
they have been vetted now.

Just catching up on what i have missed - unlike you, i have a life outside of this thread...

So how well 'vetted' were the UK scammers before you sent your coins off?

I suppose its a moot point if you were in cahoots with them as many people suspect

[Biomech]

Spoondoodles or whatever their name is has said they don't plan to mine, other than 24 hours of burn in testing which they donate to charity.

Any manufacturer that mines has an inherent conflict of interest with its customers especially when it can delay shipment (and keep mining for itself) without any real consequences.

Let's face facts here.  Conflict or not, every manufacturer mines with their own equipment.  This is no secret.  I'm pretty sure even BitMain has a farm of some sort.

I don't think they've denied it. In fact I think they've been open about it. "Spoondoodles" denies it.

Bitmain has been pretty open about having a farm. I don't have the address anymore, but they mine at Eligius and it has "sex" in the address. It's usually one of the top two or three on the pool.

I'm actually rather curious about what they're up to. They have hinted at releasing a second gen 28nm chip. Spondoolies is rather interesting as well, with a pre order period measured in weeks rather than months, and open accounting of their VC backing. I'm really hoping the whole "pre order" nonsense is coming to an end.

As for KNC going exclusively cloud, I think that's pretty much going to be the BTC mining paradigm from here on out. I don't particularly like that, but it is where trends are heading. And as you can see in my sig, I'm buying in at least partially. My piddling 80GH/s isn't cutting it on BTC anymore, though I'm not doing badly on alts.

I actually disagree with ConMan about the asics killing LTC/Scrypt. I think they'll give a boost to the coins with something to offer. I may be biased as I'm part of the team for Earthcoin, but I don't see this as a negative development, other than the pre order bullshit. Gridseeds, OTOH, those are cool. As the first generation of Scrypt ASIC's, they are not terrible at all. Not as fast as many had hoped, but the power consumption vs. a GPU is fantastic. And little machines like that, readily available, might just stop the huge centralization of hashpower that BTC is seeing right now. Gridseeds are likely to break below 200 a pop on the general market real soon, and I don't think they've stopped designing. Next gen ought to be interesting.

I do think the whole "coin of the day" thing is going to come to a crashing halt very soon, though. Things will have to get much more innovative, either in the mechanics or the marketing side, real soon. With 400+ coins out there, there has to be a pruning. Soon.

[Phoenix1969]

Can you explain how that statement equates into larger diffchanges over the next couple months?

It goes to show how fast Bitmain can ramp up production. KnC was never able to pump out the vast quantity of units that Bitmain does.

200 units a day like Knc did with Jupiter means a batch of 1200 complete in 6 days, so I beg to differ.

hmmm, i think u have overlooked the comming new Boss in town:

spongebob-tech:

http://www.spondoolies-tech.com/

I'm ignoring them for good reason: They have not been vetted.

Just like you ignored the company in the UK that you and your 'brother' sent your bitcoins to and were 'scammed' (i.e, shilled for so others would fall for the scam)

Which is exactly the reason for my caution...
Go get some coffee dude...  relax.
and btw...  you are posting to comments from a few days back
they have been vetted now.

Just catching up on what i have missed - unlike you, i have a life outside of this thread...

So how well 'vetted' were the UK scammers before you sent your coins off?

I suppose its a moot point if you were in cahoots with them as many people suspect

As if you have a clue about my life.
They weren't vetted before I lept, and you know that already.
"in cahoots with them"?... Pffft...   *Hard Facepalm*  been thru this too many times, it's old, and off-topic, and just wrong here.
WTF, another to ignore?
I got literally dozens of emails and PM's telling me to ignore people like you.
But I'd rather not, so get a grip, or be ignored.