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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3049463 times)
xstr8guy
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April 23, 2014, 01:30:05 AM
 #32541

FrankenJups were supposed to start shipping today. I haven't received any notice of shipment yet. Am I surprised. Nope.   Undecided
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April 23, 2014, 01:58:12 AM
 #32542

If I order a titan now when can I expect it if im living in the same city as the companys head office is located in Stockholm?

What asic scrypt miner can I buy that does 300mhs at least and has a delivery by june latest?
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April 23, 2014, 02:07:13 AM
 #32543

If I order a titan now when can I expect it if im living in the same city as the companys head office is located in Stockholm?

What asic scrypt miner can I buy that does 300mhs at least and has a delivery by june latest?

go work for them and you'll have it next week

~~BTC~~GAMBIT~~BTC~~Play Boardgames for Bitcoins!!~~BTC~~GAMBIT~~BTC~~ Something I say help? Donate BTC! 1KN1K1xStzsgfYxdArSX4PEjFfcLEuYhid
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April 23, 2014, 02:12:57 AM
 #32544

FrankenJups were supposed to start shipping today. I haven't received any notice of shipment yet. Am I surprised. Nope.   Undecided
i know I was an early order for the neptune (probably within first 50), and one of the first to convert to FRANKENJUP errr i mean i mean the 3TH Jupiter, and no email or tracking info. either.  Sad
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April 23, 2014, 02:13:59 AM
 #32545

If I order a titan now when can I expect it if im living in the same city as the companys head office is located in Stockholm?

What asic scrypt miner can I buy that does 300mhs at least and has a delivery by june latest?
close your eyes and dream, dream real hard. You can have anything you want in your dreams. lol
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April 23, 2014, 02:26:32 AM
 #32546

If I order a titan now when can I expect it if im living in the same city as the companys head office is located in Stockholm?

What asic scrypt miner can I buy that does 300mhs at least and has a delivery by june latest?

go work for them and you'll have it next week

Im well off enough to not work mate maybe you need to do something about your future.
xstr8guy
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April 23, 2014, 02:50:06 AM
Last edit: April 23, 2014, 03:25:57 AM by xstr8guy
 #32547

If I order a titan now when can I expect it if im living in the same city as the companys head office is located in Stockholm?

What asic scrypt miner can I buy that does 300mhs at least and has a delivery by june latest?

go work for them and you'll have it next week

Im well off enough to not work mate maybe you need to do something about your future.

Damn dude, settle down. He wasn't slamming you. He was just implying that KNC would have the Titans in-house way before they'll release them to the great unwashed masses.

As far as when the Titan will be released, expect late summer at the very earliest... if ever.
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April 23, 2014, 05:23:09 AM
 #32548

The waiting-before-doing-the-refund is a really shady tactic, they are most likely aiming to getting a lower number of refunds if people on the forums claim it takes some time.

Additionally it might be cashflow related, as they probably don´t just have the cash lying around if they take 200 or so refund requests, which is not to say they don´t have the cash or assets, it might just not be readily available for instant bank-wire transfer.

Maybe they also hope (and this is pure speculation on my part) to sell some of the 3rd batch products and just take that money to refund earlier customers.


The really sad thing in my opinion is that people accepted a 30% overpriced (25% on hardware + cost of psus) Frankenjupiter with a 20% too high power efficiency for their money, which should have given them bleeding-edge 20nm mining technology.
However it looks like the efficiency of the Neptune will most likely be no better than 0,7J/Gh, so not really worth the wait.
If they pull out some crazy hashrate increase to 4,5 TH, which seems doable, they will have lost a lot of customers by not communicating to the people funding their operations with thousands of dollars tied up in the investment.

Still, 4,5 TH only gives you 2,22$ / GH in June, which you can nearly get now.

A bird in the hand, blah, blah, blah.  I took the offer for FrankenJup.  Even if the Neptune is 5THs and is delivered at the end of June (which it won't be), the FrankenJup is the better option.

It's like saying a sandwich with 1 gram of shit in it is better than a sandwich with 2 grams of shit in it if you're forced to eat one.  The price of BTC needs to be $1200 now for you to break even when instead you could've bought more BTC with your $10K at current levels.

Buying and holding bitcoin is effing boring and I simply won't do it.  It isn't for everyone and neither is mining.  I buy miners because I like to mine.

Btw, I haven't spent fiat on miners since my first few purchases.  All of my big ticket mining purchases have come from bitcoin that I've earned mining.  I cashed out my initial fiat investment a long time ago.  If that's not a positive ROI, then tell me what it is.

I never said to buy and hold.  Buy and trade.  Indicators show we're heading to $265.  You will get way more coin if you swing trade.  I've actually become very good at swing trading crypto and am doing quite well growing my coin count.  I don't consider myself a pro trader at all.

Maybe in the future mining will be worth it again if these asshole equipment makers price their stuff properly.  But for now nobody is worth it.  By the time it might be worth it again, the higher price of BTC could net you a nice chunk of future hashrate.  Whatever that might be...
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April 23, 2014, 05:24:39 AM
 #32549

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Indicators show we're heading to $265.

You too have a magic crystal ball?

Mine said we are heading towards $2000
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April 23, 2014, 05:26:41 AM
 #32550

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Indicators show we're heading to $265.

You too have a magic crystal ball?

Mine said we are heading towards $2000

It could be $4000-6000 by the end of the year.  For now we are on a serious downtrend.  Read some technical analysis (TA).

Don't panic.  Scoop for as much as you can before Wall Street does.
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April 23, 2014, 05:29:43 AM
 #32551

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Read some technical analysis

Id rather spend my time doing something more useful..

Like astrology.
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April 23, 2014, 08:24:35 AM
 #32552

15 Days now, and they refuse the refund... I thought they where better, but i guess not.

Also my friend received BTC instead of $ without even requesting it, but let's say that is personal preference on their part.
I noticed they don't answer any of my mails. Guess they don't want to

KnC was a nice ideea
xstr8guy
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April 23, 2014, 08:29:26 AM
 #32553

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Indicators show we're heading to $265.

You too have a magic crystal ball?

Mine said we are heading towards $2000

Just my kind of luck... buy at $2000 and sell at $265, lol. I'll leave trading to people with more analytical minds than my own.

I'll probably just keep hashing away and dumping my BTC earnings back into gear until there's zero return. They're going to have to be hosted rigs from this point forward though. It not even May and my A/C is running 24/7. It's going to be a long hot summer and my FrankenJup and Monarchs aren't even here yet.
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April 23, 2014, 08:33:07 AM
Last edit: April 23, 2014, 10:04:27 AM by jelin1984
 #32554

same here
a lots of email
not answering

donation for my english lesson

btc adress

1ALEoQMkQ1Pd5TedE2uc876kHF4KDC5haD
qiuness
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April 23, 2014, 01:56:21 PM
 #32555

Apr 23 12:34

Hi,

Apologies for the delay in reply. Thanks for providing your bank details for the refund of your order. If you would like you can also have the refund processed in BTC. If you would like to have the order refunded in BTC please provide us with your wallet address and we will process the refund for you as quickly as possible.

Thanks in advance.


Best regards
Med vänlig hälsning

Keith Gurnett


E2A - I requested cash again

What the Fuck?

I asked them for bitcoin 15 days ago, they said only in special circumstances will they payout btc to customers.

Even if 2 weeks before me they refunded btc to a friend of mine.

Now o see today they are offering btc again, even though I specifically asked for btc.

Why can't they be people for once. I mean, I am sure they are not overwhelmed with refunds and that is the reason I have to wait.


I'm sick to my stomach to say they are only a  nudge better then BFL

I called now and they said I'll receive a response from them today... I wonder
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April 23, 2014, 01:57:15 PM
 #32556

Apr 23 12:34

Hi,

Apologies for the delay in reply. Thanks for providing your bank details for the refund of your order. If you would like you can also have the refund processed in BTC. If you would like to have the order refunded in BTC please provide us with your wallet address and we will process the refund for you as quickly as possible.

Thanks in advance.

Best regards
Med vänlig hälsning

Keith Gurnett

E2A - I requested cash again

I've also been waiting for Neptune refund and I have just sent them an email asking them if they'd like to refund in BTC instead.

I'll see what they reply.
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April 23, 2014, 02:15:22 PM
 #32557

Same thing for me regarding the refund process. My question is, if they send BTC will it be for the original price in USD? About $10,166 or the original amount of about BTC (Was about 10.5 BTC).
Regards,
Brian

I'm assuming it will be USD in BTC prices. But those who have gotten a refund in BTC, please chime In.

Avalanche is a must own
jelin1984
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April 23, 2014, 02:16:58 PM
 #32558

Of course not you
Will receive 20 btc
Cablez
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April 23, 2014, 02:18:14 PM
 #32559

Same thing for me regarding the refund process. My question is, if they send BTC will it be for the original price in USD? About $10,166 or the original amount of about BTC (Was about 10.5 BTC).
Regards,
Brian

That is the $10K question isn't it.  Wink

Tired of substandard power distribution in your ASIC setup???   Chris' Custom Cablez will get you sorted out right!  No job too hard so PM me for a quote
Check my products or ask a question here: https://bitcointalk.org/index.php?topic=74397.0
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April 23, 2014, 02:23:20 PM
 #32560

What a joke just called knc miner and since i live in sweden i got some extra details and she said the price is 12600=$ for the titan with taxes WTF i had 10k in mind but this shit is too much. Lets not even start about the delivery which they said will be when they themselves get the product? I though these guy were making it themselves or are they waiting for a chinese outsourcer to ship the crap to them so they can sell further.
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