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Topic: Swedish ASIC miner company kncminer.com - page 1701. (Read 3050068 times)

hero member
Activity: 532
Merit: 500
September 07, 2013, 01:01:02 PM
I'm pissed, because can't believe, that KNC will fulfill their promise..we will see in 2 weeks™ who was right.

Hold up, you're pissed because you have problem believing that a real engineering firm is capable of engineering as promised, despite the fact they have under promised everything and haven't relied on sales hype, hired a marketing team, or demanded funds like every other competitor wanting to take your money. To the complete contrary they are so confident in their own ability they offer refunds to anyone nervous (or whose wives have found out). They must be doing something right, seeing as Scandanavia's largest bank; SEB now partners with them. SEB is not limited to Sweden, it's found throughout Norway, Finland, Denmark and Germany largely at an institutional level.

A company that lies and burns customers has no future, a company that delivers above expectation gains a shit load of attention. What do think ORSoC want, money or recognition? Recognition brings a lot more money, with SEB taking notice, I wouldn't be surprised is you'll see even more interesting partnerships. That's what ORSoC want, the ability to pick and choose interesting projects over standard consultations.

My background is engineering, that's what real engineers do. Predominantly socially inept and piss poor at public relations, they don't promise anything unproven, and rely on scientific data and statistical significance. These guys have major industry links from over ten years of ASIC design - real experience as a design firm standing on their own two feet and winning contracts competitively - not claims, or lost amongst hundreds of other guys working on bit parts of the same large projects as part of a massive firm - and more importantly hardware design. None of the competitors have created high spec hardware before, themselves, none, despite a few new entrants with some IC experience. That's a huge difference.

More so you are assuming negativity based on no fact other than your experience of non-engineers promising sales hype.

What's worrying is the associated negativity here is based on assumptions by others with even less experience choosing not to read how KnC have chosen to approach this. May I suggest a book for some of you to read over the next two weeks instead of fear mongering? It's one of the course texts for my masters when I studied, it's by no means long-winded, although does fetch a pretty penny on Amazon as it is the staple text for many renowned engineering schools;

Total Design: Integrated Methods for Succesful Product Engineering by Stuart Pugh.

http://www.amazon.co.uk/Total-Design-Integrated-Successful-Engineering/dp/0201416395

Read how real engineers approach product design and you'll appreciate what I was looking for when I visited KnC, and ORSoC. It will also put you off (save you) from some other current bad decisions, whilst explaining why and where there have been so many failures to date by the parties involved so far in Bitcoin mining.

That's not to say what they are attempting isn't an industry first, this will be a record for ASiC design if they pull this off by the end pf Sept, but there is no surprise that all the competing 28nm lot are now attempting to copy KnC, just too late, or lying by marketing best case simulated scenarios, something no real engineers would do, especially hardware designers, which none of the rest have on board, hence the profiteering on chip sales (the largely inexpensive and unsophisticated aspect of hardware design - by inexpensive I mean per chip, the initial NRE costs, but the rest are overpromising unachievable realistic hashrates and aside KnC they are all offloading hardware design on some other poor sod for a very good reason, they have no expertise there). It's going to be great fun watching people figuring out how to cool those power hungry chips. Fact is you vcan make chips in the TH if you like, in theory. Powering and cooling them is another matter. Which is why the rest are knocking them out in volume and washing their hands of that problem, and warranties.

Some of you guys really need to read up on how to best approach your decision processes. It's easy to call someone a fanboy, or a shill, or a scammer, but now it's all starting to fit into place, I've remained relatively silent in this thread, because really and truly there is not much more for me to say, other than I'll respect those with the integrity to apologise when the time comes, over those that don't, and I've never pushed or told anyone to purchase anything, just read up, visit, undertake your own research, and understand what KnC and ORSoC are trying to achieve. I've just shared my research and haven't been paid a penny so far. On the company side I'Ve advised them with respect to under promising, over-delivery, some marketing and future product revisions and pushed for secure payment methods. All of that is in this thread for all to see, and through email comms. They have listened and people are happy, especially me. I'll forgive if they are a week late, but they have ensured margins upon margins exist not to be the clusterfuck you're are familiar with. I haven't invested my money in such non-engineering related firms, and I have yet to make one bad call on this forum despite being quite outspoken. For that Xialla you term me a fanboy. Those that listened to me have not been scammed, and won't be. My risk tolerance level is set to sensible common sense, and educating myself throughout the decision process. I'm honest, not stupid, and it's amusing to see the reasons behind people who doubt me. We'll see in a few months who navigated this ship through stormy waters and survived intact. Be wary of anyone that claims to be an engineer, then over promises based on simulation as opposed to fact, removes refund options, avoids any accountability, warranty, secure payments, and changes their terms and conditions after sale has taken place. True scientists will never disguise facts with dishonesty. Peace.
legendary
Activity: 938
Merit: 1000
LIR DEV
September 07, 2013, 12:55:38 PM
Some things that concern me.
Before KNCminer have shipped a single product they have:
- Discontinued the Mars product line.
- Disconnected the Mercury product line.
- Reduced their prices for future batches, thus people waiting for delivery at the old price must feel ripped off to know they have that much profit margin to play with.

That is the way to post concerns!  Good Man

1. Mars was not going to be profitable, so they did us a favor there...

2.  Mercury is discontinued because they are now too small for future investment... and not cost-effective to build & sell anymore...yet another favor (not to mention Mercury is what invited so many children to the portfolio)

3. Reducing the price on future batches is a good thing, and people at the old price don't feel ripped at all because there is an entire month between receiving an October Jupiter, and an  Nov one.
If they did, there's nothing stopping them from cancelling their october order for a november one either.
Some of us would gladly snag up any october cancellations!

I see sound business decisions by KNC on all counts.
erk
hero member
Activity: 826
Merit: 500
September 07, 2013, 12:46:42 PM
Some things that concern me.

Before KNCminer have shipped a single product they have:


- Discontinued the Mars product line.
- Disconnected the Mercury product line.
- Reduced their prices for future batches, thus people waiting for delivery at the old price must feel ripped off to know they have that much profit margin to play with.

sr. member
Activity: 1176
Merit: 265
September 07, 2013, 12:44:22 PM
Reading some of these posts I can't help but think this to myself:



For everyone demanding photos of the chips, Here's the anticipated photo of chips:



Now can all of the anxiety-stricken folks just chill out? lol Jeez. Seriously.

Best way to solve your problem: Decide that on X day (say.. 15Sep or 1Oct) if it hasn't shipped, you will request a refund. Then, you will not worry any longer, and you'll have your money back. The rest of us will be happy because you've STFU, and it'll be more hashing power for us to buy back.

Everyone wins!



Those are crisps..you eat fish with chips Wink
legendary
Activity: 938
Merit: 1000
LIR DEV
September 07, 2013, 12:28:09 PM
Xialla   ...  At first I was upset about your recent comments, but now I realize you are simply mentally or emotionally challenged over KNC's delivery dates, and are taking it out on us. I'm actually proud to be a member of the "KNC fan club", thank you for that BTW. Nothing has changed since the beginning, except your attitude toward fellow customers and KNC. If you can't live with your investment decisions, then stop investing; simple as that. We are not at fault for your misgivings; and YES, we shall indeed see in just a couple short weeks. Until then, whining & hurling insults isn't going to help anyone. My kid went through that phase too. I can't help but thinking you must be a teen? It's time to "Man up" and accept your decisions as your own, and stop spreading F.ear, U.ncertainty, and D.oubt.  FUD; because that's EXACTLY what you're doing, and that's known as "Trolling" in case you were unaware. It would be different if you had legit concerns, but since KNC is on track with all deliveries, I don't see anything in your recent posts worth legitimate concern. It all comes across as psychobabble & childlike gibberish.
hero member
Activity: 616
Merit: 500
September 07, 2013, 12:13:07 PM
Reading some of these posts I can't help but think this to myself:



For everyone demanding photos of the chips, Here's the anticipated photo of chips:



Now can all of the anxiety-stricken folks just chill out? lol Jeez. Seriously.

Best way to solve your problem: Decide that on X day (say.. 15Sep or 1Oct) if it hasn't shipped, you will request a refund. Then, you will not worry any longer, and you'll have your money back. The rest of us will be happy because you've STFU, and it'll be more hashing power for us to buy back.

Everyone wins!

full member
Activity: 218
Merit: 100
September 07, 2013, 11:44:08 AM
I never get friends involved in investments/money type of stuff. Can get pretty weird if things go wrong.

+1!!!!
hero member
Activity: 532
Merit: 500
September 07, 2013, 11:43:48 AM
I think they won't be on time,but as long as they give updates on where they are in the process I think is what some are complaining about.It is a tough call but just as long as we're still within the timeline we should be patient.I also think KNC should give an update on where the ASIC chips are since silence is not a good thing.
sr. member
Activity: 308
Merit: 251
The realist
September 07, 2013, 11:40:51 AM
have got 2 jupiters and 1 saturn, but only 1 jupiter mentioned in another thread. the rest is something like small groupbuy of my friends.)

No wonder you're so panicky. I never get friends involved in investments/money type of stuff. Can get pretty weird if things go wrong.
legendary
Activity: 1036
Merit: 1001
/dev/null
September 07, 2013, 11:39:39 AM
hh, evidence added to previous post.)

1 Saturn to Czech? Wink

have got 2 jupiters and 1 saturn, but only 1 jupiter mentioned in another thread. the rest is something like small groupbuy of my friends.)
sr. member
Activity: 308
Merit: 251
The realist
September 07, 2013, 11:37:38 AM
hh, evidence added to previous post.)

1 Saturn to Czech? Wink
sr. member
Activity: 280
Merit: 250
Hell?
September 07, 2013, 11:35:19 AM
let the baby whine, just ignore him.
legendary
Activity: 1036
Merit: 1001
/dev/null
September 07, 2013, 11:35:16 AM
Guess you are just a whiner as CMMPro mentioned

yep, maybe you are right. otherwise, will see very soon, if my fears were entitled or not.
legendary
Activity: 1036
Merit: 1001
/dev/null
September 07, 2013, 11:29:36 AM
Seems legit LOL

hh, evidence added to previous post.)
legendary
Activity: 1036
Merit: 1001
/dev/null
September 07, 2013, 11:18:25 AM
I'm still accused of being fanboy? I thought pretty much everything I had claimed, had now been proven correct, or was it that I was actually being honest the entire time?

Xialla, I've had no beef with you, to be fair though you were pretty cool, but recently you're being a prick.

From what I understand about his/her situation is that they missed the bus for Day 1/2 and then purchased a late unit, got cold feet, refunded their unit, and are now taking out their sorrow on the forums.

no, all of my miners are scheduled for first day of shipping and I don't refund anything:


sometimes is so difference between you understanding and real situation.)

I'm pissed, because can't believe, that KNC will fulfill their promise..we will see in 2 weeks™ who was right.
hero member
Activity: 532
Merit: 500
September 07, 2013, 10:44:17 AM


(platinum membership)

Bitcoinorama (https://bitcointalksearch.org/user/bitcoinorama-104810)

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Phoenix1969 (https://bitcointalksearch.org/user/phoenix1969-123172)
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Bargraphics (https://bitcointalksearch.org/user/bargraphics-124940)

(adepts)

AussiePete (https://bitcointalksearch.org/user/aussiepete-143314)

"Your idiotic whining about seeing a chip is annoying" - 2 weeks™ before promised delivery

I'm still accused of being fanboy? I thought pretty much everything I had claimed, had now been proven correct, or was it that I was actually being honest the entire time?

Xialla, I've had no beef with you, to be fair though you were pretty cool, but recently you're being a prick.
sr. member
Activity: 308
Merit: 251
The realist
September 07, 2013, 10:22:34 AM
That's just a printed out photo of the PCB

Actually. You're right. LOL

Zoomed in and yeah it does kinda look floppy. Oh well I assumed it was the PCB from far away.
hero member
Activity: 616
Merit: 500
September 07, 2013, 10:18:57 AM


You can also see the PCB there in the photo.
That's just a printed out photo of the PCB
sr. member
Activity: 476
Merit: 250
let's have some fun
September 07, 2013, 10:11:19 AM
Thanks for your answers  Smiley
hero member
Activity: 588
Merit: 500
September 07, 2013, 10:05:29 AM
Is someone else wondering for what reason they have a need for your date of birth ?

Date of birth is required for forums due to COPPA laws.
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