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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3049457 times)
s1gs3gv
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June 03, 2014, 08:20:28 PM
 #34381

btc is up 50% in a month and everybody is cranky ?

I'd say let stronger hands take over the network ...
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s1gs3gv
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June 03, 2014, 08:23:19 PM
 #34382

About what? About the fact that the LIED when they said they will self-mine with max 5% of what they sold? About not issuing refunds via bank transfers? About shipping crap FrankJupiters?

 … such whining …

Sorry you aren't the only person mining bitcoin now. Did you ever think you would be ?

You're just worried that when KNC ships a killer Neptune product next month that all your SP30 customers are going to want a refund.
What, no refunds on SP30 pre-orders ?

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June 03, 2014, 08:25:39 PM
 #34383

About what? About the fact that the LIED when they said they will self-mine with max 5% of what they sold? About not issuing refunds via bank transfers? About shipping crap FrankJupiters?

 … such whining …

Sorry you aren't the only person mining bitcoin now. Did you ever think you would be ?

You're just worried that when KNC ships a killer Neptune product next month that all your SP30 customers are going to want a refund.
What, no refunds on SP30 pre-orders ?



I can live with the fact that I'm not the only person mining bitcoin, but I can't live with the ~8PH that KnC has in their datacenter (which at this moment is ~10%) which means that all their customers get less revenue.

It seems that you don't want to share how many Neptunes you have on pre-order. Or you are just a shill talking out of his ass without a Neptune ordered?

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June 03, 2014, 08:28:35 PM
 #34384

Dude, get your quotes straight please. My equipment orders are none of your business. I'm a guy who believes in fair play and I don't like the way you and your gang of thugs sweethearts promote your Spondoolies interests at the expense of other people. How many Neptune customers did you talk into canceling and taking Super-Bloopers anyway ?

Will you be honoring SP30 refund requests ?
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June 03, 2014, 08:35:15 PM
 #34385


Dude, get your quotes straight please. My equipment orders are none of your business. I'm a guy who believes in fair play and I don't like the way you and your gang of thugs promote your Spondoolies interests at the expense of other people. How many Neptune customers did you talk into canceling and taking Super-Bloopers anyway ?

Will you be honoring SP30 refund requests ?

So you either don't have a Neptune pre-order or you are a KnC employee. Ok we got that covered.

Now explain me the fair play in KnC's statement of NOT mining with more than 5% of their sold hashrate. Where is the fair play when they are mining with 10% of the TOTAL hashrate?

I hope I convinced a lot of Neptune customers to cancel their order because I DO believe in fair play and I want the best as a miner. Please explain me why would a Neptune customer keep his pre-order when he could get more than 4x the hashrate for the same money? 10k$=1x 3TH/s Neptune vs 2x 6TH SP30 (delivered just one and a half month later if they deliver this month) Ex-squeeze me if I prefer to get 12 TH/s in August for 10k$ than to get 3Th/s at the start of July.

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June 03, 2014, 08:37:44 PM
 #34386

we got that covered

The only thing you are going to worry about covering is all the SP30 refund requests when everybody sees the machine KNC ships next month.
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June 03, 2014, 08:46:23 PM
 #34387

About what? About the fact that the LIED when they said they will self-mine with max 5% of what they sold? About not issuing refunds via bank transfers? About shipping crap FrankJupiters?

 … such whining …

Sorry you aren't the only person mining bitcoin now. Did you ever think you would be ?

You're just worried that when KNC ships a killer Neptune product next month that all your SP30 customers are going to want a refund.
What, no refunds on SP30 pre-orders ?



You are happy that KnCs competes with you as a customer ?
Don't they make your btc income less than necessary ?
Every day delay means more btc for them, no conflict of interest ?

I'm KnC customer for a year now and I have no Spongebob order in place until now.
And I'm very pissed about the fact that they are eating some of my btc while I was told "we will not mine with more than 5% of sales" and then running PH/s farm(s) [and more will follow soon, already announced]

You may dislike Spongebob for several reasons, but they arenot competing with customers,  more responsive and offering good deals as well.

When I read your posts I'm not sure whether you got paid for posting stuff like this or it is some kind of Stockholm syndrome.
Get me right, you are welcome since it's boring, but everyone with basic math skill like fourth grade figured out that you could never mine that much btc as you would get when refunding below $450 like most of us did.

I guess you missed the train (getting refund while btc was cheap) and are now hoping that your Neptune will do some magic and return (after taxes and electricity bill) more than a refund would have made?

..and Thou shalt spread the coin in the name of cryptography for eternity
Zelek Uther
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June 03, 2014, 08:51:17 PM
 #34388

It is "early June", where is the promised 3TH/s cloud hashing (per Neppy order)?

Run a Bitcoin node, support the network.
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June 03, 2014, 08:54:19 PM
 #34389

You are happy that KnCs competes with you as a customer ?

Competition is part of life.

You may dislike Spongebob for several reasons, but they arenot competing with customers,  more responsive and offering good deals as well.

I don't dislike Spondoolies. They seem like they are a very customer focused company with an ok product. I dislike the way some Spondoolies resellers operate. IMO they bring Spondoolies as a company into disrepute.

When I read your posts I'm not sure whether you got paid for posting stuff like this or it is some kind of Stockholm syndrome.
Get me right, you are welcome since it's boring

Wrong. But i am glad my posts are entertaining. Just wait till KNC ships the Neptune if you want some real entertainment.

"Under promise and over deliver"

~L)L~

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June 03, 2014, 08:56:45 PM
 #34390

June 2014 Newsletter:
"As we're closing in on tape-out of the Titan"

February 2014 Newsletter:
"As we are getting closer to the launch date of Neptune"

Me, yesterday:
KNC are such bullshitters, always pretending things are just around the corner.

Just so you know Titanic fans - when knc use any variation of the word "close", it actually translates into english as "about 4-9 months away"  Grin

"I am not The Avenger"
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June 03, 2014, 09:02:27 PM
 #34391

You are happy that KnCs competes with you as a customer ?

Competition is part of life.

You may dislike Spongebob for several reasons, but they arenot competing with customers,  more responsive and offering good deals as well.

I don't dislike Spondoolies. They seem like they are a very customer focused company with an ok product. I dislike the way some Spondoolies resellers operate. IMO they bring Spondoolies as a company into disrepute.

When I read your posts I'm not sure whether you got paid for posting stuff like this or it is some kind of Stockholm syndrome.
Get me right, you are welcome since it's boring

Wrong. But i am glad my posts are entertaining. Just wait till KNC ships the Neptune if you want some real entertainment.

~L)L~

Resellers? As far as I know SP-Tech doesn't have any resellers. I'm just a happy customer who wants them to succeed. I was a KnC happy customer last autumn until they ditched the customers who funded all of their operations.

If KnC doesn't ship a 5+Th/s Neptune then it's game over for their customers. 3Th/s for 10k+$ is just shit right now and you are better of with a refund. You could get 3Th/s shipped from stock until last week for only $5,600+shipping. No reason to pay 10k$ for 3Th/s with unknown delivery.

Remember that you are the only "customer" that is pro-KnC. Nobody else that is active here is satisfied with KnC.

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June 03, 2014, 09:02:59 PM
 #34392

Lets assume the Neptune can come in Jul 1, and mine 5 BTC in its life time and the FREE Neptune Sept 1 which would mine 1.5 BTC lifetime.

Id take the refund money and buy some TH riight now is better, even 5 SP10.

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June 03, 2014, 09:10:22 PM
 #34393

You are happy that KnCs competes with you as a customer ?

Competition is part of life.
I agree, but nevertheless is it unethical to compete with customers since this leads to a conflict of interest sooner or later.
And when there's a conflict between the perfect happiness of your customers and lining up your pockets we know how greed plays.

I'd prefer a company not competing with me and lining up their pockets by making be happy as far as possible.
KnCMiner is this no more.

You may dislike Spongebob for several reasons, but they arenot competing with customers,  more responsive and offering good deals as well.

I don't dislike Spondoolies. They seem like they are a very customer focused company with an ok product. I dislike the way some Spondoolies resellers operate. IMO they bring Spondoolies as a company into disrepute.

I know what you mean, their fanclub is hardcore from time to time.
KnC pushed this with their FrankenJups and delayed refunds from my point of view.


When I read your posts I'm not sure whether you got paid for posting stuff like this or it is some kind of Stockholm syndrome.
Get me right, you are welcome since it's boring

Wrong. But i am glad my posts are entertaining. Just wait till KNC ships the Neptune if you want some real entertainment.

~L)L~

When you were around August/September in here you could see how things reiterate in a certain way.
I do not doubt that Neptune will be the best piece of hardware when finally shipping (at least I hope so for the remaining customers), but the excitement from last year will not be topped for sure.

..and Thou shalt spread the coin in the name of cryptography for eternity
bittawm
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June 03, 2014, 09:18:18 PM
 #34394

when is the lawsuit coming into play, waiting patiently to jump on

@bittawm is my real telegram
@bittawm is my real twitter
beware of impersonators
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June 03, 2014, 09:43:12 PM
Last edit: June 04, 2014, 05:50:20 AM by raskul
 #34395

I've never read such paranoid guff in all my life.
I, for one am an individual with my own opinions and in a world of free speech, i have a right to express them

Jimmithy, you sound like a paranoid, butt hurt, jealous teenager who feels they deserve something out of life because you make the wrong decisions.
Get a life mate. Due dilligence is your friend

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June 03, 2014, 09:47:53 PM
 #34396

Lets assume the Neptune can come in Jul 1, and mine 5 BTC in its life time and the FREE Neptune Sept 1 which would mine 1.5 BTC lifetime.

Id take the refund money and buy some TH riight now is better, even 5 SP10.



5 SP10 right now going to a datacenter for 6 mo are ~20K with equipment 13.5K (who wants to have 5 of these in the house? not me).
After 6mo you will make $21.3K or 1.5K profit by Nov 1 if bitcoin stays the same ($668).

KnC: 4.5 TH on July 1 will give you ~11.66 BTC by Nov 1
extra 4.5 TH on Aug 1 will give you ~7 BTC by Nov 1
Total ~18.66 BTC, but with ~$1089 cost of electricity (if 0.12kwh)=$12485-1089=11396, so you still have profit of $1396 if you bought for 10k, not 13.5K.
So, conclusion: if KnC machine is 4.5TH by July and a second equal machine is given free on Aug 1, then you have a small profit in both cases and SAME BTC price.

Small edge to Spond because you don't need to do almost any work as they go to a datacenter, but 4.5TH KnC machines will probably have better resell value (if they are similar to Jupiters in average quality).

I call it a tie or very close.
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June 03, 2014, 10:08:42 PM
 #34397

You make it sound like there are a lot better deals on asic machines out there price/power/size  Roll Eyes
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June 04, 2014, 03:42:37 AM
 #34398

SgtMoth, I'll say the same thing to you I said to Helmax

If you hadn't fallen under the spell of the various self serving people here spreading FUD about KNC, you would still have your Neptune order(s) and be looking forward to a killer box delivered on time soon.

I can't help you out with the BFL angst ...

you really are new and stupid...If you read this thread, you would know..but just for you I will recap...I wanted refund, I ordered through buddy in states, the only refund I could get at the time was bank transfer, it would have went to my buddy in states/he would have to pay taxes, so out come offer for jupiter, I jump because I know network is moving fast upwards. End of fkn story, I wont pre order anymore....YOU should be worried about your NEPTUNE! 

For 2 fuckn weeks, I have been trying to get a beaglebone RMA and for 2 fkn weeks, Ive been given the run around.  So, I will not send any broken boards back and Ive given up on getting RMA for this beaglebone.  DO you want emails, oh thats right, I have already posted them, go back and fkn read loser.

BFL, I ordered very early, got my order very early, made lots of money...lots....bfl is a piece of shit company and I feel deeply sorry for anyone who ordered late.

btw...ALL, Thats right, All my bfl STILL runs
You went the extra mile to make some of what you have "Work" too...  Kudos; and you're also the first person I ever heard that made a dime from a BFL product. You are a true Mining Sensei.


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June 04, 2014, 04:21:40 AM
 #34399

You could get 3Th/s shipped from stock until last week for only $5,600+shipping.

What's the big deal ?  You could get 3TH of in-stock S2 with free shipping last week for $4950 and you wouldn't need hearing protectors or asbestos gloves. If you're not too worried about power, 15 S1 OC'd to 393.75 will get you 3TH at a LOT less.

I'm amused by the way SP talk about spreading the hash then build equipment that you wouldn't want in your home or small office.

The big deal is that the Neptune isn't worth the money right now. 3TH for 10k+$ is simply not worth it.

SP10 is for a DC or for the garage/basement.

Currently , S2 is much more expensive and with much higher consumption.

SP10 is ~ .89kw/th, SP2 is ~ 1kw/th . I wouldn't call that much higher consumption.
How much extra do you pay to host a SP10 in a datacenter ?
Re price: ask and ye shall be surprised …

SP10 can do 0.7kw/th. SP2 can't do that.

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June 04, 2014, 04:35:53 AM
 #34400

My favorite absurd pro-KNC argument... "KNC has a spectacular reputation for over-delivering!"

Really, they do? They have shipped a SINGLE product that was over-spec and nearly on-time! And one could argue that KNC deliberately screwed batch one customers by removing 4 VRMs from the October ASIC boards thereby crippling the first batch machines and handicapping the early adopters.

Indeed, the Jupiters were over-spec. But how they screwed customers after that is far more illuminating and sheds more light on what kind of company they really are. Datorhall, FrankenJups, no refund policy on Titan, lack of communication, broken promises, shitty RMA practices, super-slow refunds... I could go on and on. If some people see them as having some kind of glowing reputation after such a shitstorm, I can only assume that they are in total denial or completely delusional.


And on another topic... why such angst about referral links?! No one gets screwed or scammed by clicking a referral link. The affiliate only gets credit if the person who clicks the link actually buys something. And they are charged the same price as everyone (if not less, because of a special promotion). No one is harmed and a member of our hard working community gets rewarded for their efforts.

Sure, spammy posts are annoying. I know firsthand because I got scolded pretty bad by several members of the community for my overzealous efforts in the recent past. But if a post is on-topic and helpful, there is no reason not to include a discrete referral link.
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