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Author Topic: Swedish ASIC miner company kncminer.com  (Read 3039378 times)
coda
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October 14, 2014, 01:44:14 PM
 #38581

i don't know if it's really legal to treat someone who buys a product from you as a non consumer
let's the judges say something about it maybe  Wink
http://europa.eu/youreurope/citizens/shopping/unfair-treatment/unfair-contract-terms/index_en.htm

in fact i think knc is violating several european laws ...

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s1gs3gv
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October 14, 2014, 01:50:34 PM
 #38582

Blast from the past: Sam Cole on Lets Talk Bitcoin Oct 2013

https://www.youtube.com/watch?v=bxOHAha7MAk


KNC had good visibility into the manufacturing and production processes. KNC believed it was important to help their customers earn a ROI.

WTF happened to KNC ?
coda
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October 14, 2014, 01:52:06 PM
 #38583

Blast from the past: Sam Cole on Lets Talk Bitcoin Oct 2013

https://www.youtube.com/watch?v=bxOHAha7MAk


KNC had good visibility into the manufacturing and production processes. KNC believed it was important to help their customers earn a ROI.

WTF happened to KNC ?


it's like politicians ... saying good things to make people believe in them, have a success
and then screw them later when the time is over ... they have made millions now they can
throw you like a little shit in the toilets

BTC:18oLLFcxwwzfQt4F2YF7QzKyFeksq3dqsQ
Meizirkki
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October 14, 2014, 02:01:03 PM
 #38584

To avail yourself of consumer protection laws, you have to have bought as a consumer.
The T&Cs you agreed to say that you didn't.
The T&C could also say that you are a bird. Agreeing to it wouldn't make you a bird. If you are not running a business, you are a consumer.

To avoid consumer protection laws a company must not take orders from individual customers. Just about every Business-to-business company except KnC acts accordingly. Taking orders from individual customers is simply too risky for any company that wants to avoid consumer protections laws.

So please save some innocent lives and sue KnC for everything they've got before they ship any more of their fire hazard cubes of fail.
retro72
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October 14, 2014, 02:36:07 PM
 #38585

KNC Mining pool grows while we continue to wait
Today, 03:48 PM
You can see here the history of the KNC Miner owned pool over the weeks leading up to the release of the Neptune through until today.

Source : http://organofcorti.blogspot.com.au/...n-network.html

June 1st
6.49%
June 8th
6.14%
June 15h
3.13%
June 22nd
6.35%
June 29th
5.31%
July 6th
5.31%
July 13th
4.11%
July 20th
4.20%
July 27th
3.56%
August 3rd
4.37%
August 10th
3.52%
August 17th
3.56%
August 24th
3.89%
August 31st
2.96%
September 7th
2.85%
September 14th
3.70%
September 21st
3.92%
September 28th
4.64%
October 6th
4.74%

At the beginning of this time period the difficulty was 10,456,000,000, the difficulty is now 35,002,000,000, overall growth of 334%.

The June 1st results (6.49% of approx 80PH) would indicate a hashrate of about 5.2PH

The October 6th results (4.74% of approx 260PH) would indicate a hashrate of 12.3PH

An approximate growth of 7.1PH for the KNC Miner pool over the time period since the Neptune announcement and deliveries began.

Assuming 3.6TH per Neptune, this growth would indicate an additional 1972 Neptunes (7100 / 3.6) that have been added to the private KNC Miner pool over the last four months.

This, while customers are still awaiting delivery of their Neptunes + Bonus Neptunes.

You can see a gradual decline of the % of total hashrate up until late August or early September, this decline is only in relative terms to the total growth of the Bitcoin network. The KNC Mining pool hashrate continued to grow throughout this period. It allows us to pinpoint where they seem to have completely stopped giving a damn about paying customers and started really focusing on themselves.

Here it is, the best evidence I could find to support the accusations that KNC are giving us the shaft.

Thoughts?

Anyone from KNC care to comment on this?

(posted on kncforum by sixbk)


Below  was posted on the KNC forum and it got deleted. Funny that Roll Eyes

Report them to the FTC https://www.ftccomplaintassistant.gov/#crnt&panel1-1
BFL are getting slammed for mining on customers rigs, I'm sure the FTC would be very interested in what KNC are doing. They have partnerships with Trading standards organisations all over the world, including Sweden. I've just filed a complaint and I'm not even American. The more people complain the faster they'll look into it. I read somewhere it took 300 for them to start investigating BFL.

So only 299 to go  Grin
dekodoge
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October 14, 2014, 02:44:52 PM
 #38586

KNC you should accept and refund everybody before it's too late ... !

do you think they listen in here or care, get a lawyer and tool up.
coda
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October 14, 2014, 03:03:21 PM
 #38587

KNC you should accept and refund everybody before it's too late ... !

do you think they listen in here or care, get a lawyer and tool up.

https://www.cryptocoinsnews.com/kncminer-issuing-titan-refunds/

don't worry they listen ... maybe they not care but it'll be somebody else who will

BTC:18oLLFcxwwzfQt4F2YF7QzKyFeksq3dqsQ
unitedminers
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October 14, 2014, 03:07:14 PM
 #38588

Does anyone know a working (European) pool for the TinyTitan (firmware 1.04) with 300 MH/s and without tons of rejects?

stratum+tcp://multi.ghash.io:3333 = 0,0144 BTC / day

stratum+tcp://prohashing.com:3333 = 0,0716 BTC / day

stratum+tcp://stratum.nicehash.com:3333 = 0,0371 BTC / day

stratum+tcp://ca.simplemulti.com:3364 = 0,0533 BTC / day

stratum+tcp://yaamp.com:3433 = doesn't work

THX
zakalwe
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October 14, 2014, 03:14:56 PM
 #38589

www.kncclassaction.com

I'm in.

murraypaul
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October 14, 2014, 03:43:46 PM
 #38590


A [single-attorney?] law firm which specialises in DUIs, traffic tickets and immigration/employment issues is going to successfully bring a product-related class-action suit against a non-US corporation?
Good luck. Hope you haven't given them any money.

BTC: 16TgAGdiTSsTWSsBDphebNJCFr1NT78xFW
SRC: scefi1XMhq91n3oF5FrE3HqddVvvCZP9KB
dekodoge
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October 14, 2014, 03:52:48 PM
 #38591


A law firm which specialises in DUIs, traffic tickets and immigration/employment issues is going to successfully bring a product-related class-action suit against a non-US corporation?
Good luck. Hope you haven't given them any money.

another long con scam.
zakalwe
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October 14, 2014, 04:18:21 PM
 #38592


A law firm which specialises in DUIs, traffic tickets and immigration/employment issues is going to successfully bring a product-related class-action suit against a non-US corporation?
Good luck. Hope you haven't given them any money.

Of course not. I'm curiouse to see what happens. And I'm going to contact my embassy.
Minor Miner
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October 14, 2014, 05:18:24 PM
 #38593


A [single-attorney?] law firm which specialises in DUIs, traffic tickets and immigration/employment issues is going to successfully bring a product-related class-action suit against a non-US corporation?
Good luck. Hope you haven't given them any money.
hmmm.


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AussieHash
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October 14, 2014, 06:24:30 PM
 #38594

Blast from the past: Sam Cole on Lets Talk Bitcoin Oct 2013
https://www.youtube.com/watch?v=bxOHAha7MAk

KNC had good visibility into the manufacturing and production processes. KNC believed it was important to help their customers earn a ROI.

WTF happened to KNC ?


https://bitcointalk.org/index.php?topic=170332.msg5876260#msg5876260
s1gs3gv
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October 14, 2014, 08:42:28 PM
 #38595

Is the balding oink in the photo Sam Cole ?
xstr8guy
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October 15, 2014, 12:02:29 AM
 #38596

KNC you should accept and refund everybody before it's too late ... !

do you think they listen in here or care, get a lawyer and tool up.

https://www.cryptocoinsnews.com/kncminer-issuing-titan-refunds/

don't worry they listen ... maybe they not care but it'll be somebody else who will

The article that you linked to is over a month old. How many refunds were issued since then? None?
forzendiablo
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October 15, 2014, 02:28:02 AM
 #38597

i will join the class action

yolo
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October 15, 2014, 06:49:23 AM
 #38598

What is the latest delivered order? It seems, the process is very slow. WTF KNC?!?

▂▃▅▇█▓▒░BTC-Cultist░▒▓█▇▅▃▂
Searing
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October 15, 2014, 06:55:34 AM
 #38599

What is the latest delivered order? It seems, the process is very slow. WTF KNC?!?

If they reboot every 3 min and can't do any fast block coins...or multi-pool ..i think their stable pools are straight up lite coin

well does it really really matter?















 

 

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BitBlender 

 













 















 












 
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l3sny
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October 15, 2014, 07:01:45 AM
 #38600

There is plenty of people interested in class action. Lots of money laying on the table waiting for some lawyers to pick it up Wink

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