Topic: Swedish ASIC miner company kncminer.com - page 1858. (Read 3049501 times)

my all-time favorite Swedish invention being the Imbert Gasifier. (making one) http://knowledgepublications.com/hydrogen/hydrogen_generator_gas_vol_3_4_detail.htm
some of my build pics (ones I could find straight away) http://imgur.com/a/cY9md
The plan is to get this running a genset to offset my .43 elec on the miners.

You're right, it's been ages since an appearance of something relating to Swedish engineering, so;

I think the main thing many people are missing here is knc are doing things... SWEDISH STYLEEEEE!
http://www.youtube.com/watch?v=C8Wu3Bps9ic&feature=c4-overview-vl&list=PL4B2CBC4A35E0E224
Bitcoin is served - bitches

Stunned here. Apology happily accepted. We all have our moments, I'm no angel myself.
I totally agree on avoiding the consumer perspective, because it has an expected ROI. As for everyone worrying about refunds, I pretty much don't worry about because that was part of the original risk; although I'm still comfy with my position.

Armchair detectives

Dude, nothing personal with you or Phoenix, but it's clear that we have on one side true entrepreneurs, that have already evaluated (eventually taken like you) the risks of investing on the whole Bitcoin mining thing, opposed by guys trying the big catch, that simply risk to get screwed if their money-printing thingie isn't delivered in time. And I can see many of them around this forum (again, nothing personal).

I really appreciate the work of people like Bitcoinorama (and you when you managed to talk with Andreas) but the whole point is about business. It's clear (from the price tag) that Knc has pofessional products for business oriented mining.

I apologize for tagging the "exchange mining wallet" as bs (my fault, no drugs involved), but I hardly understand why so many pages are there with fuss about consumer laws, chargebacks and scam vs shill - when any other business out there is about investing money and getting only an hard lesson back if sometihing went wrong.

Imho we should stop watching Knc (and the whole Bitcoin thing) from a consumer perspective.

Its ok Bar, I also have a KNC order and hope they will deliver on time but they would show proof if they did instead of words. Whats that old saying, A picture is worth a thousand words. Either way positivity is best but I am not getting my hopes up. BFL has scarred me too much. Bitfury is doing a great job though with proof of there timeline and prototype. I feel more secure that my BF rig will ship on time.

Sounds promising.




Slightly confusing, what it sounds like is when all the first chip batch is sold out there will be a price reduction, which make sense as many of the upfront costs are non-recurring for the second batch.

If KNC really had tapeout or a successful tapeout or had even a final design they would have posted pictures or more updates with specs of the chip ie. temps, speed, etc. This would boost sales as it would instill confidence in them meeting there timeline and they would not have to resort to marketing tactics like 5% discounts. They are most likely going to be late.

No, you want to (possibly, until verified by an ACTUAL lawyer) abuse consumer protection as stipulated by s75 by misrepresenting yourself as a business (according to the T&C you accept by purchasing from the seller) vis-à-vis the seller (here, KNCMINER).

No, I'm saying your argument that even if you agree to the T&C and pose as a business, you are still protected as a consumer (under s75 in the UK) does not work in other countries and thus I doubt it also works in the UK and so you should have that double checked by a real lawyer (and not a CC phone operator who will probably have left that job 3 months from now, as these jobs have a high turnover)

No, this is not fraudulent, just scammy (they're simply trying to avoid consumer laws and other CE certifications while knowingly sellingto consumers).

No, well... yes.

Yes

No, you yourself have done enough damage as is by abusing Google in a clueless fashion. Lawyers don't Google answers, they use the code books and search for precedents/cases at the tribunal (Google does not have access to this data).

No, it's not sufficient, ESPECIALLY when those are DRAFT documents. Do you even know the difference between a draft and an actual law?

Finally something sensible.

Weird as that might seem to you, I actually do.

I'm mainly trolling you, since your brain's just shut down when it comes to KNCMINER.

Yes, that's because I think they are a scammy/greedy bunch. Their M.O. is obvious to me, not to you apparently. That doesn't mean they won't be a success (hell, they already are). I choose to support a different kind of individuals.

Again, you're talking out of your backside. I chose to support a grassroots industry because Bitcoin needs diversification and not everyone can afford to spend 2000 USD on a miner, let alone 7000. (not even you can, from what I gather)

Yes, this is correct. That's why I used "play/investment" money. It looked like a decent bet at the time, but don't worry for me, I think it'll be a wash.

Hmm, I hadn't thought of that. Makes sense to watch your pool account for a little spike! Good thinking Mate!

remember as soon as they pre-config and test your miner it goes to your account..  so everyone will get a brief 'hosting' before they ship it out

not sure how long they will let each miner 'bake' but they will let us know when they get to that part.

1.  If the miners are tested/burnt in before shipping, the overhead of setup/plugin you're describing is already covered.
2.  You're assuming one guy doing everything -- not how companies are run.
3.  If the miner is being hosted, there's no question of an "extra day of setup etc." -- you save the entire shipping time & cost.

I'll add a third.  This forum could use separate sub forums for each ASIC company (KNC, CoinTerra, etc).  This thread has about 5 or more topics brought up just making the whole thing a mess except for those of us following since the beginning.  I don't understand all these pious remarks towards new members looking for information - I can't blame them not wanting to wade through page after page of trivial posts offering little info -we've brought this on ourselves.

I wouldn't be surprised if a lot of KNCs orders are from people who got caught up in the April/May craze and are now way out of their element chasing the so called "free money".  In which case, hosting and pre-configured units would be a god-send.

I hope this is a post to ask a question that might be overlooked.

My order is 4xxx so I'm assuming 4k plus orders.
Now, since I did that they offered 2 things. Hosting and pre-config.

People who think their rigs are better off hosted because they will be online instantly...I think are dreaming.
Assuming 10% of sales hosted (no idea of true numbers so that's a guess)...when all those rigs arrive to be unboxed and plugged in etc...that's a hugely time consuming job.
400 rigs, all from box to the correct place, plugged in, configured, checked. Imagine you got that job...what would you say when they asked when it would be done?
Now, add the fact that ALL rigs can be configured before delivery. That's 4000 plus rigs. each requiring someone to find the correct (and very important details), find the rig, set it up, check it....then box it and send it.

On the other hand. They could make the rigs, pack them..send them out. Each of us spend an hour setting our own up DAYS before they would ever have reached us given the scenario above.

Hosting...you've either chosen it or not. You may have reasons.
Pre-config, convenient, but if we all go that way we're going to be waiting weeks longer to earn anything from the rigs at the time they most need to be hashing.

Is it worth even a day delay for you to get a box from Sweden to have it all set up for you? Versus them just boxing it and you doing it?

You're right. It's a lot of money.
If you order a machine now it might be delivered in November ..early or late, no-one knows....but you should use a worst situation.
IF that happens, you'll probably break even. It will probably just manage to get your money back.

Now the question you need to ask is this.
I can spend my money now on bitcoins. I can buy a rig that may or may not get me that same amount of coins, and maybe a few more.
You can have bitcoins for certain. You can spend the same money and not be sure of anything, and not get very good odds for your gamble.

NEVER ask other people how to spend what you earned, never spend without research unless it's something that's going to keep you smiling all night and the next morning when you realise what you did. People are selfish and memories are priceless.

I wasn't attacking you,  just saying this thread has gone to hell and it doesn't really matter to anyone who placed orders.    KS has trolled forever and you can see me rejecting to feed him in the past..  he is getting fed nicely by you. Just hit ignore

No dude, there's a troll attempting to insinuate that I've fraudulently misrepresented consumer payment protection, which I never have. His next attack is that I've fraudulently misrepresented a UK consumer protection law, section 75 as being universally applicable to all countries, which I never have. His final attack is to suggest KnC are fraudulently trying to deceive us all by changing our purchase to that of a business expense over a consumer one and that I'm too dumb to appreciate a difference and require a lawyer to Google the damn answer for me. Oh wait there is one other layer, that clarification on consumer rights and statutory rights when applied to a business sale is not sufficient when published on an official UK Government website.

If you think that's a waste of time, I certainly hope you have conducted your own research applicable to where you live, because I'm only responsible for undertaking due diligence that applies to me, as you are to you.

Rest assured KS really cares for you seeing as he's trolled this thread from it's near conception and hasn't purchased a thing, yet has forgone all his own pearls of wisdom when purchasing elsewhere in this very forum and may well get burnt unless bulk chips are sent pronto.

it doesn't matter if this thread is trash now..  all bets are placed and KNC have been pretty clear on updates.  

 They struggle with English but unless you are an anal asshole you can easily figure out what they mean

buy your upgrades before Friday, and send them your pool/worker info.  If you have questions just send that too them too



but NOOO..  let's go back and forth crying about tape-out pictures and re-quoting half the thread on each post..  assclowns all around

Again you're besides the point.

Re-read my post.

(and/or put me back on ignore for good, not just for another 30secs)
(are you delusional/narcissitic by any chance?)