Topic: Swedish ASIC miner company kncminer.com - page 120. (Read 3049528 times)

Okey, sounds weird. But as I said they are makeing a new form. So it should probably work better in a week or two.
And I havn't tried the email on kncclassaction.com
However you could get directly to the Swedish lawyers here:

http://dinratt.se/#kontakt
Joakim Strignert
Telefon: +46708-198891
[email protected]

http://www.riseco.se/kontakt.html
Magnus Daar
+46 708 86 81 61
+46 8 402 01 42
[email protected]

AND their contact email address (info at kncclassaction.com) is not operational. Are these people serious at all??

sounds more promising.. i personally think we have a very strong case and will win once more people join the lawsuit.. i was also told by a pretty reliable source that knc lawyer is pretty clueless about knc motives and can't explain why knc had to do certain things in questionable manners... so i anticipate knc will eventually have nowhere to run to as they don't have the kind of financial muscle they used to have... i'm sure 16nm did not come cheap and falling bitcoin prices is just making their situation worse...
 i'm prepared to pay and lose the retainer if that's what it takes because i just can't stand watching these criminals getting by and i think it's one battle worth fighting for... they nuked the forum for just one reason: there was a lot of evidence exposing their fraud so this can be a strong leverage once judge requests for offline copy or database of that forum...

If that doesn't work out for you I am still around.

It depends on lawyer.  I personally have not dealt with one on retainer as it make me think they don't have any skin in the game, they lose... they get money still.

As far as standard if lawyer does not take retainer and depending on what it is I would say around 1/3 rd on a big case.  But you add this to the number when sueing.  So hopefully other side pays lawyer expense but that does not always happen.

sorry for little of OT, but what is common retainer for lawyers? anybody knows?

No I didn't, but I will. Any others that have any question that you wounder about?

I don't think there will be mutch to pay twords KNC if we loose because:
1. We are really many that will split it.
2. As another wrote in a previous post, it isn't possible for KNC to hire 15 top lawyers and think that we will pay for that. It doesn't work that way.
But I will for sure check it up because neither am I a legal expert!

It would been good if the retainer went down to 5-10%. Think it will be easier for people to join.

yeah ! this is not a bad idea... probably remains one broken asic miner cube in my stock..

thanx mate ! 

Did you ask about worst case scenario about losing case?  How much could people need to pay twords KNC for legal, and other fees.

I still think if they believed in it they would not need the retainer, maybe a smaller court fees amount.  But no matter what win or lose these lawyers want to get paid it seems.

But that is my 2 cent's I am no legal expert.

I had a great chat with Joakim today, he is one of the lowyers that handle the case against KnC.

One thing I woundered was why there was 3 lowyers in this and why they didn't operated togheter.
His answer was that he had some individual cases against KnC, but since a while back he had been working together with Magnus Daar and Charlotte Lin, and now are they doing it all together.
And it's trough http://kncclassaction.com/ you join the group action with them. Or if you are unsure to join, at least please contact them.

He told me that they are makeing a more complex form because there is so many different situations to handle. And if you have been in contact with them before you will probably get an email about it. Otherwise check out http://kncclassaction.com/ in the next week/weeks.

I said that I know some that are unsure to join because 15% is big amount on ~$12K and if it was possible to join with another amount, eg only claim/demand halft of the amount from KnC. He thought it was a good question and he will discuss it with Magnus Daar and Charlotte Lin.

I asked him about the up-front retainer of 15%, he said that there are alot of people that is intrested. But as he said, they don't know how many that will proceed with it. But it's possible that it will be a smaller retainer then 15%. It all depends on how many that actually joins the group action.


http://kncclassaction.com/
http://dinratt.se/
http://www.riseco.se/

Buy some (broken) Block Erupter Cube 30-38 GH/s and get 2 pcs, only in black color. Better than the original Neptune PCI-E.

@xhomerx10 & @mishax1 :   Thank you for your quick answer 

Sold 4 of these on ebay for 34$ a month ago to someone from Estonia 

 Try this guy:

https://bitcointalksearch.org/user/cablez-54059

looking for some pcie power conectors for severals cubes. anyone know where could i find some at good prices ?  
thanx in advance  

Sorry to hear that!
Think that everyone got some thought like that. What I understand there will be a group speak, but everyone in the group will have their own claim. Perhaps you can claim a small amount of $2000 in different damages that KnC caused. If we/you loose, you will only need to pay $300. But at least you did something against the company. And if we/you win, you will at least get some of it. And you don't need to feel later on in life that you didn't do it when you had the chance. Justice is important!
Even if you paid $13.2K for your Neptune you don't need to take that amount as a 'claim amount' in the court.

Probably it isn't the same thing in this group speak. Please help me with this word, but in Sweden we got this 'base amount' (in swedish: basbelopp). It's 44 500 SEK (~$5600). You don't need to pay any costs at all if the amount in the court is half a 'base amount' (22 250 SEK), perhaps there is some fee of $100-$200 to begin the process. But if you loose, you don't need to pay anything.
But then you probably need to be out of the group speak :/

However at least send an email to one of the loywers. Perhaps it will be cheaper, say 10% of the amount you claim if we get enough peoples in this group speak.

No, the worst Neptune stock fan is 120CFM minimum, so you need one better than that at the very least.

On the class action, I would love to join and could really use a win on that having paid $13.2K for my Neptune, but I can't afford another $2K gamble on the retainer. I really think they will win, but I just can't afford the risk of being stuck with that bill on top of the Neptune. Just my luck, lol.

well its a generic site you may need to put the asic to sell no? lol itsa  great site i do trust nordish tech soo it will be all good and those miners will sell.

Based on the consistency in his postings, I think it's a natural ability.

my view is that when he got involved in KNC that is when customer service  went to sh*t and they went the IPO data hall route soon after
the canceling of promised module add ons with their jupiter/saturn lines beyond nov 2013 etc etc


so yeah....fricking BTC is looking like "The empire" from star wars on the Bitcoin foundation side and the the rebels from star wars on the MIT Media Lab and new cryptocurrency
dept that hired the main bitcoin developers on the other hand...(ie academia was instrumental in going open source in turning the Arpanet military net into the framework for
the modern Internet with UNIX between universities etc.....looks like they want lightning to strike twice...if bitcoin protocol is a future big sucess it would be a big deal
to long term future enhancement of MIT .....imho ...i think  a place like MIT is looking for kudos decades ahead....or i hope

we will see.....weird frigging day reading bitcion foundation head is brock pierce and that MIT is gonna house/fund the current main bitcoin core devs via academia model the
same day yesterday ...litterally had to sit back and do a 'double take' to make sure i read both titles right on the daily 'bitcoin' google search 24hrs ..(hey i have no life)

'strange times"

links

http://www.coindesk.com/bitcoin-foundation-director-no-plans-to-fund-core-development/if i

well just saw this above...guess it is all up to MIT project with current core devs now


the corresponding MIT news confirming such


http://cointelegraph.com/news/114046/mit-to-take-over-funding-of-three-bitcoin-core-developers

if I had to choose between the two options above ..I'd rather go the MIT route anyway......hopefully more public and open...and MIT is 'probably' gonna use
this to enhance its reputation rather then "just" a  money making endeavor (hey a person can hope?)

but yeah Brock Pierce involvement in KNC fiasco does not make me warm and fuzzy about him involved in the bitcoin foundation  for me also (hope I'm proven very wrong)





if you can't get it to run at all you 'supposedly' as far as I know send it back to get it replaced from KNC as an RMA....
not sure what they charge for shipping/handling so would check that out ..likely you may pay both ways

and of course turn around is out of your hands...but see if you can get a reply..if it is completely toast and you did not mess with the innards of it
'eventually' you would get it back hopefully working at some point in time..being a completely dead cube as you state above seems like there is little risk
in that it is already 'a brick'

let us know here how the email works for an RMA etc some of us will probably also be in your boat someday ..would be good to know how/what/if/when it
all works out for future reference if needed




very good question I would like to know this as well ...probably they are pretty much maxed out ...but someone confirming such would be great

2 further related questions below

I would like to know if there is anyway in the future ..when or if it becomes needed ..if you CAN upgrade the BFGMINER to whatever next
enhancement or upgrade may come down the way in the future....or even if that would even could be done w/o knc firmware enhancements
etc

my view is (due to the sudden urge to make a full .img file of 2.00 in knc's last update to titan) that this is the LAST Firmware upgrades and/or bfgminer upgrade that will
ever be made..for neptunes or titans ..ie they have pulled up the circus tent and moved on to the giant data hall IPO farm with 16nm etc

so again

1) is it possible in the future or common if you think so to upgrade to future versions of bfgminer versions for the titan?

2) with the source for the firmware out there on github...has anyone looked at further improvements for titan or neptune source as a possible project?

again probably does not matter to do either at this point in time ..but the last thing i programmed was an apple II gs ...so kinda felt the need to ask