Author

Topic: Swedish ASIC miner company kncminer.com - page 161. (Read 3049514 times)

newbie
Activity: 3
Merit: 0
January 07, 2015, 12:56:10 AM
Are there any legitimate class action claims going through Swedish courts right now? I have felt real apathy towards my ordered titan, but I realized that apathy is what they want. They just simply want us to quit and cut our losses and forget about the crazy money we all spent. I just wanna wreck these clowns in court Grin Grin
legendary
Activity: 1596
Merit: 1000
January 06, 2015, 11:24:32 PM
They are selling about $325-350 per cube (600 GH):

Maybe the only people buying these are those with faulty cubes from their 5-Cube Neptune Set because you still need a main Controller board.



You can run 6 cubes, removing the LCD frees a port.
hero member
Activity: 882
Merit: 1003
January 06, 2015, 09:34:21 AM
They are selling about $325-350 per cube (600 GH):

Maybe the only people buying these are those with faulty cubes from their 5-Cube Neptune Set because you still need a main Controller board.

newbie
Activity: 17
Merit: 0
January 06, 2015, 09:15:19 AM

Please comment the knc prices on ebay:

https://bitcointalk.org/index.php?topic=886033.new#new

It's a major fire hazard; I can't believe the prices are as high as they are!

In other news; has anybody translated the Magnus group legal action which has just been filed? If not is there anybody who can do a better job than google translate?

ty





Do you have the link to original page for others to view?
sr. member
Activity: 266
Merit: 250
January 06, 2015, 03:21:10 AM

Please comment the knc prices on ebay:

https://bitcointalk.org/index.php?topic=886033.new#new

It's a major fire hazard; I can't believe the prices are as high as they are!

In other news; has anybody translated the Magnus group legal action which has just been filed? If not is there anybody who can do a better job than google translate?

ty



member
Activity: 70
Merit: 10
January 05, 2015, 08:02:49 PM

Please comment the knc prices on ebay:

https://bitcointalk.org/index.php?topic=886033.new#new
hero member
Activity: 700
Merit: 504
Run a Bitcoin node.
January 05, 2015, 05:02:28 AM
Still awaiting bonus Neptune from scammers knc

They better hurry up.  With the sp20 out  and  bitmain  s5 next  week is making  them less competitive on price and value.
I'm still waiting too. KnC made it sound like the CA batch bonus Neppys would be delivered in August... now we have to wait until batch 3 ships... seems like a frikken huge batch that never stops shipping...
hero member
Activity: 882
Merit: 1003
January 04, 2015, 06:04:23 PM
Unemployment is going up this week in Sweden.
hero member
Activity: 859
Merit: 1000
January 04, 2015, 05:54:40 PM
@ searing
one of the best posts I have read in many months about KnC.
Basically they are finished, can take seats next to Karpales.
sr. member
Activity: 434
Merit: 250
January 04, 2015, 07:53:22 AM
Has Puppet seen it, raskul?   He seems to take that type of thing seriously.

yup, it was pointed out in his thread, consensus seems to point to it being legit. you just have to go delving into the chinese website to find the maintenance fees.
they have since reduced their prices.
add: they also have a trading function but i've yet to sus out how it works.
legendary
Activity: 1400
Merit: 1000
I owe my soul to the Bitcoin code...
January 04, 2015, 07:50:38 AM
Has Puppet seen it, raskul?   He seems to take that type of thing seriously.
sr. member
Activity: 434
Merit: 250
January 04, 2015, 06:53:09 AM
Yes also Titan mining 10 dollars per day
Roi at 3 year

I think that crypto is dead

Today you can get miners for $1000 that generate $10/day, ROI in 100 days. Crypto isn't dead. KNC is just a horrible company.

Is this after electricity cost?  

I'd like to invest and make 30% per month.

i found what seems to be a legit cloud with 1.141btc / TH
the fact they show GH remaining is good for me
hero member
Activity: 882
Merit: 1003
January 03, 2015, 06:03:13 PM
Yes also Titan mining 10 dollars per day
Roi at 3 year

I think that crypto is dead

Today you can get miners for $1000 that generate $10/day, ROI in 100 days. Crypto isn't dead. KNC is just a horrible company.

Is this after electricity cost? 

I'd like to invest and make 30% per month.
legendary
Activity: 3878
Merit: 1193
January 03, 2015, 05:52:02 PM
Yes also Titan mining 10 dollars per day
Roi at 3 year

I think that crypto is dead

Today you can get miners for $1000 that generate $10/day, ROI in 100 days. Crypto isn't dead. KNC is just a horrible company.
legendary
Activity: 2408
Merit: 1004
January 03, 2015, 05:32:23 PM
Yes also Titan mining 10 dollars per day
Roi at 3 year

I think that crypto is dead
hero member
Activity: 882
Merit: 1003
January 03, 2015, 05:06:28 PM
I hope all large mining operators lose their ASSES off  Smiley    (Anyone over 1% of the hashrate)
sr. member
Activity: 386
Merit: 250
January 03, 2015, 11:18:57 AM
@ Avenger

Why do you hang around here?
Do you own any mining HW?
EDIT
Serious questions above ^^^not rhetorical.

As far as I can tell you are anti-capitalist.
BTC is PURE capitalism.

The good, the bad, and the ugly.

You are(or were) one of the most prolific anti-anything knc kbd nerds here.
(not necessarily a bad thing!)
Are you admitting defeat?
It seems to me like the demise of knc is/was your goal.

I think HOW the refund momentum was dealt with,
along with the 5 cube decision injured them massively.
They could be producing > 20% more BTC from their investment if they had gone 4 cubes per Nep.
I think BTC @ 299 USD is the crushing blow.
ALL miners bet long on the price of the commodity.
All large mining operations of any commodity hurt financially when the price drops 50% in 6 months.
The larger they are the farther into the future they must make decisions.
BTC _IS_ kinda intangible, but it is not magic.

I don't trust their claims of success with the DC just like I don't believe there are any satisfied 20nm HW customers.
How do you choose to believe one thing and not the other?

No such thing as "to big to fail".
Fail they do, even if they are later bailed out it never erases the fail.

YMMV
Smiley
legendary
Activity: 1316
Merit: 1014
ex uno plures
January 03, 2015, 10:51:43 AM
Yeah litecoinpool does seem the best 'set it and forget it' option for Titan owners. Apart from the occasional foray into flash in the pan solo mining opportunities, how much time can a fella spend babysitting these things trying to eek out an extra couple of dollars a day ?

Solo mining misc alts via nomp and coin daemons was always an option but not really worth the time except in rare circumstances.

IMO Titan owners are in a 'grin and bear it' long game and it could be several years before we break even. If we break even.
copper member
Activity: 2898
Merit: 1465
Clueless!
January 03, 2015, 10:11:30 AM
any hint that KNC actual dumping the market to put others out of minting business or is this coming from the chinese miners?


Not sure about that but I think the guys on the www.kncminer.com forum have been out party'ing and/or looking for a new job with the shut down
of the consumer operation after the last Titan hits the street (including bonus for those who chose that option rather then the bonus neptune) at that
point in time imho they will announce free 6 month 3Th has miners on their arctic cloud network (ie no physical miners they are gonna keep those) in lieu of
the 'free neptune' offer ...and they will say hey it is free lump it or leave it

then all of the consumer operation will shut down and no tech support as such ....(like there is any now) no sales/no consumer info on the site..ie they have
gone comercial and data hall at that point

thus my point the current folk at knc proper are not gonna shift to the iceland or whatever data hall so jobs will be lost (no need for shipping as an example)

so anyway looks to me like they are wrapping thing up already.....no firmware commits on git hub since dec 2nd and 1.95 ..have had NO firmware updates from
what the neptune owners have said in like 'forever' and the scrypt N they promised is 'done' although not much use

yep imho they are wrapping things up and moving out and away from us as fast as possible....big IPO money to court .....why deal with 'gasp' customers (yech)

with no refunds on the Titan and only their promise on what kinda Neptune bonus pkg people will get (probably eventually) they are free and clear in their own
minds (imho) to wander away no strings attached to bigger and fatter cash cows to slaughter (getty up IPO $$$) then us nickel and dime consumers

but then again as I have said before my Titan DOES make a pretty nifty space heater this winter ....... they gave us that as a bonus (and probably a cute doorstop here soon)

Any good pool for Titan
.?

I use www.litecoinpool.org (yeah laugh i have no idea if this is a good idea hoarding LTC at this point of not) it pays fixed 105% has no fee (i think if i remember right) and
at least for my 2 dead die 305mh is stable no issues like other pools i've tried..at that 305mh speed I mine 5.95 LTC a day and looks like a 2% drop in 2 hrs so likely that will
stay that way for a bit

as to multipools most (at least the ones i saw) seem to be 80% LTC anyway with a 2% fee and such so heck they gave me imho a stable LTC miner so I guess I'm a
stable LTC miner such as it were...so anyway what i'm doing now

will be swayed by other options but pretty much screwed with this Titan on all fronts ....last thing i want it to do is dork out like it did on mining up till firmware v1.15 or
so ...If I really an't gonna make enough money to make a difference...last thing i want to do is babysit or dork with it...as such www.litecoinpool.org so far fits my needs
(again feel free to give me other options just saying)




legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
January 03, 2015, 10:00:14 AM
any hint that KNC actual dumping the market to put others out of minting business or is this coming from the chinese miners?
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