Swedish ASIC miner company kncminer.com - page 186.

cryptodevil

legendary

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Thread-puller extraordinaire

Quote from: Kurt on KnC Forum

Refusal to accept delivery is a breach of contract. Any costs for this (such as for transportation, storage and care of returned goods) will be charged to the customer refusing to accept delivery. Should the refusal to accept delivery continue, we will follow Swedish law and take the steps and measures necessary to look after our interests.

Your product not performing to the specifications advertised is a breach of contract.

Whether B2B or B2C you're the ones breaching the terms of the sale by trying to force delivery of a product that falls short of that which was paid for.

As for blaming the pools, what are they claiming exactly is wrong with the pools? I've had multiple Innosilicon A2 90's hashing as a single user on numerous pools without issue, so what mystical force are they claiming is behind their Titan not being able to function properly on them?

raskul

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Quote from: Searing on November 08, 2014, 02:43:54 AM

Well got the Titan ...11/7/14...been stalling setting it up.....2 guys on kncforums today posted they just got theirs and their whole units are dead
zippo 2 for 2........ie nothing works....should have just gone directly to the install guide and avoided new msgs there I guess...

it is hardly encouraging...tried to get fired up by going to the movie Interstellar (good movie) did little to improve my mood.....

so off to at least get the thing unboxed and kinda sorta set up...I think I should probably drink heavily before actually turning it on thou

(slogs off to try....but man...I was not this pessimistic even when my Jupiter 550gh last Oct arrived with a soggy box/unit filled with rain water)

ah when I believed in KNC engineering....was such a sweet newbie fool...er now ...eh..not so much

(perhaps drinking heavily while setting it up is the answer )

i'm with faetos. just torch it -you know it's gonna go that way eventually anyway.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Well got the Titan ...11/7/14...been stalling setting it up.....2 guys on kncforums today posted they just got theirs and their whole units are dead
zippo 2 for 2........ie nothing works....should have just gone directly to the install guide and avoided new msgs there I guess...

it is hardly encouraging...tried to get fired up by going to the movie Interstellar (good movie) did little to improve my mood.....

so off to at least get the thing unboxed and kinda sorta set up...I think I should probably drink heavily before actually turning it on thou

(slogs off to try....but man...I was not this pessimistic even when my Jupiter 550gh last Oct arrived with a soggy box/unit filled with rain water)

ah when I believed in KNC engineering....was such a sweet newbie fool...er now ...eh..not so much

(perhaps drinking heavily while setting it up is the answer )

samsonn25

hero member

Activity: 882

Merit: 1003

KNC would need to be able to build ASICS at less than $195 per TH to just break even after electricity and other farm costs. If electricity was .10 kwh and difficulty 10% increases.

Gleb Gamow

vip

Activity: 1428

Merit: 1145

Quote from: kncminer on April 08, 2013, 07:38:55 AM

Hi everybody,

We are Swedish miners that are producing our own ASIC miners to strengthen the market and avoid monopoly.
Our company kncminer is pleased to announce the opening of a brand new web shop dedicated to the online sale of Bitcoin hardware to the international community, www.kncminer.com.

A lot of scam sites are appearing every day and we are not one of them, therefore we will not take any orders and are only registering interest.

We will in the upcoming weeks opening our order book to allow the purchase of our first set of ASIC miners. They are in the early stages of development now and will be ready in the summer of 2013 (yes in just a few months)
Register an account now it’s completely free and if you subscribe to our newsletter we will alert you the moment we open the order books for entry and other information around the ASIC products.
If you have any questions we will be happy to answer them.

Happy mining

No legit company would ever consider penning similar words that I highlighted above.

faetos

hero member

Activity: 744

Merit: 514

gotta let a coin be a coin

Quote from: Searing on November 07, 2014, 07:28:24 PM

Quote from: cryptodevil on November 07, 2014, 08:37:41 AM

Quote

It can be utilised for any Scrypt-based application, including mining for Litecoins, Dogecoins and others.

This.

The fact that they even state on their own support forums that the unit can only function on certain pools is evidence enough that they are as aware of the fact the product does not meet the originally advertised specifications as their customers are.

Repeating their 'no refund' mantra and ignoring the fact that they are not even shipping a unit that conforms to the advertised specs, is just bully-boy tactics. They want us gone so they can dig in to that $14,000,000.00 payday from Creandum's recent investment.

Maybe it would be worth letting [email protected] learn some home truths about KnC and what sort of company Creandum are showing the world they are prepared to go to bed with.

just a note they are getting around this by "blaming the pools" for not being able to handle their units.....so that is what they are saying/posting....the Titan can mine all scrypt but the pesky pools won't do so yet..due to their Titan being 'so advanced' don't ya know..that and the fact everyone is plugging the cables in wrong!

just got my unit..sitting here stalling looking at the box (unopened) .....should play horror music theme music to set the mood

(this as they say in the horror books ..does not bode well)

it is like looking at an asic mnfg 'kill all hope' kinda bomb...you just wonder what part of this cluster***k puzzle putting the DIY kit together will pop up and say 'gotcha"

I now go back to staring at my unopened box.....garnering fortitude...fortitude does not yet seem to be forthcoming.....

(damn it KNC you were such a 'saucy wench" when I got my Jupiter...why did you have to do all "ex-wife take all my $$$ and hope from me"......running off to a 'bigger miner setup'
(I feel so inadequate..who can compete at what is it 1c/kwh.....many toys.....I be dumped...)

from julie andrews "sound of music" to glen close in 'fatal attraction" sheesh

*returning to my box watching*

get a match and torch it. at least you'll get some joy from that.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: cryptodevil on November 07, 2014, 08:37:41 AM

Quote

It can be utilised for any Scrypt-based application, including mining for Litecoins, Dogecoins and others.

This.

The fact that they even state on their own support forums that the unit can only function on certain pools is evidence enough that they are as aware of the fact the product does not meet the originally advertised specifications as their customers are.

Repeating their 'no refund' mantra and ignoring the fact that they are not even shipping a unit that conforms to the advertised specs, is just bully-boy tactics. They want us gone so they can dig in to that $14,000,000.00 payday from Creandum's recent investment.

Maybe it would be worth letting [email protected] learn some home truths about KnC and what sort of company Creandum are showing the world they are prepared to go to bed with.

just a note they are getting around this by "blaming the pools" for not being able to handle their units.....so that is what they are saying/posting....the Titan can mine all scrypt but the pesky pools won't do so yet..due to their Titan being 'so advanced' don't ya know..that and the fact everyone is plugging the cables in wrong!

just got my unit..sitting here stalling looking at the box (unopened) .....should play horror music theme music to set the mood

(this as they say in the horror books ..does not bode well)

it is like looking at an asic mnfg 'kill all hope' kinda bomb...you just wonder what part of this cluster***k puzzle putting the DIY kit together will pop up and say 'gotcha"

I now go back to staring at my unopened box.....garnering fortitude...fortitude does not yet seem to be forthcoming.....

(damn it KNC you were such a 'saucy wench" when I got my Jupiter...why did you have to do all "ex-wife take all my $$$ and hope from me"......running off to a 'bigger miner setup'
(I feel so inadequate..who can compete at what is it 1c/kwh.....many toys.....I be dumped...)

from julie andrews "sound of music" to glen close in 'fatal attraction" sheesh

*returning to my box watching*

tolip_wen

sr. member

Activity: 386

Merit: 250

Quote from: s1gs3gv on November 07, 2014, 01:45:55 PM

He's a cheeky little blighter talking about breach of contract like that …

I've said it before - KNC is acting like refunding Titan customers is an existential threat. That's one reason why I don't think they are doing as well as people believe.

I agree they appear to be in cash flow crisis.
That they have not met undisputed obligations (Nep refunds) is telling.
Some folks have been waiting 7 months.

A wierd thought tangent...
If their DC was 66% efficient,
they would need 50,000 20nm ASIC
to build out a 30MW DC from scratch.
(36,000 @ 20nm if existing 10MW is all 28nm)
Wild
Ass
Guess

YMMV

btcusury

sr. member

Activity: 433

Merit: 260

Has anyone had one of the 6-pin PCI-e cables (on one of the Titan cubes) become extremely hot, causing the PSU to shut itself off? It began happening today after running (in a far from stable way) for ~4 days. It's an 850W PSU powering only 1 (formerly 2) Titan cubes.

tolip_wen

sr. member

Activity: 386

Merit: 250

Have installation/heatsink issues been eliminated as a cause for bad die on Titan?

The reports of deterioration over a week could be loose screws backing out or bad goo.

I know many Nepturds were poorly assembled.
I had stripped case screws and crooked heatsink issues.
Many of us just did what it takes, censor the useless warranty.

YMMV

s1gs3gv

legendary

Activity: 1316

Merit: 1014

ex uno plures

He's a cheeky little blighter talking about breach of contract like that …

I've said it before - KNC is acting like refunding Titan customers is an existential threat. That's one reason why I don't think they are doing as well as people believe.

mishax1

legendary

Activity: 2898

Merit: 1017

Kurt makes me laugh http://forum.kncminer.com/forum/resellers-affilicates/general-questions/66914-shipment-decline-and-refund?_=1415382765183&_=1415383918766

vesperwillow

hero member

Activity: 616

Merit: 500

Quote from: dadach on November 07, 2014, 09:52:06 AM

did anyone get the cores to wake up after raising the voltages?

Like I shared a few pages back, on their SHA256 gear I found with some funny boards which had a die issue, that I'd have to use varying voltage and speed settings for each die to get them to come back alive. It almost seemed as if the DC's were draining too much current from their common supply. If I got the bum one to come on, 2 other 'good' ones would shut down.

I have one board with a very odd speed and voltage configuration. The voltage is stepped, and for 2 of the dies I'm lowering voltage while increasing clockrate, and for the other 2 I'm increasing voltage while decreasing clockrate.

I found this out by setting stock voltage and then dropping to the lowest clockrate, going up step by step until it wouldn't work. Then I'd back down and see if I needed to add or remove voltage, and kept doing that until it either worked or killed off other dies.

Good luck.

s1gs3gv

legendary

Activity: 1316

Merit: 1014

ex uno plures

Quote from: dadach on November 07, 2014, 09:52:06 AM

did anyone get the cores to wake up after raising the voltages?

A few people have. Most haven't.

dadach

sr. member

Activity: 365

Merit: 250

did anyone get the cores to wake up after raising the voltages?

s1gs3gv

legendary

Activity: 1316

Merit: 1014

ex uno plures

Quote from: cryptodevil on November 07, 2014, 08:37:41 AM

Quote

It can be utilised for any Scrypt-based application, including mining for Litecoins, Dogecoins and others.

This.

The fact that they even state on their own support forums that the unit can only function on certain pools is evidence enough that they are as aware of the fact the product does not meet the originally advertised specifications as their customers are.

Repeating their 'no refund' mantra and ignoring the fact that they are not even shipping a unit that conforms to the advertised specs, is just bully-boy tactics. They want us gone so they can dig in to that $14,000,000.00 payday from Creandum's recent investment.

Maybe it would be worth letting [email protected] learn some home truths about KnC and what sort of company Creandum are showing the world they are prepared to go to bed with.

Right now p2pool, fast block time coins and some switching pools are not mineable at 300MH/s. KNC has acknowledged the problem and is trying to fix it. They don't have forever to make it right and deliver a fully functional product. When v1.06 comes out its either fixed or permanently broken AFAIAC.

… there is a rumor going around that the Creandum deal was a sweetheart deal contingent on KNC raising further funding and that it was a PR stunt to make KNC look 'investable' to other potential marks. I have no idea if this is true or not.

cryptodevil

legendary

Activity: 2240

Merit: 1254

Thread-puller extraordinaire

Quote

It can be utilised for any Scrypt-based application, including mining for Litecoins, Dogecoins and others.

This.

The fact that they even state on their own support forums that the unit can only function on certain pools is evidence enough that they are as aware of the fact the product does not meet the originally advertised specifications as their customers are.

Repeating their 'no refund' mantra and ignoring the fact that they are not even shipping a unit that conforms to the advertised specs, is just bully-boy tactics. They want us gone so they can dig in to that $14,000,000.00 payday from Creandum's recent investment.

Maybe it would be worth letting [email protected] learn some home truths about KnC and what sort of company Creandum are showing the world they are prepared to go to bed with.

mishax1

legendary

Activity: 2898

Merit: 1017

Quote from: s1gs3gv on November 07, 2014, 08:20:30 AM

This is kinda fun googling around for KNC jokes

Here is a statement they made about the Titan https://www.kncminer.com/news/news-80

Quote

Our Scrypt miner will be able to run on an 800 - 1000 watt power supply.

yeah, stated 250mhs @1000W, in reality 300mhs(if working) @ 1500W

s1gs3gv

legendary

Activity: 1316

Merit: 1014

ex uno plures

This is kinda fun googling around for KNC jokes

Here is a statement they made about the Titan https://www.kncminer.com/news/news-80

Quote

Our Scrypt miner will be able to run on an 800 - 1000 watt power supply.

and

Quote

Uses a Standard ATX power supply (customer supplied ATX)

~L)L~

s1gs3gv

legendary

Activity: 1316

Merit: 1014

ex uno plures

Quote from: mishax1 on November 07, 2014, 08:06:07 AM

got a shipping confirmation #2118X but I want a refund.. Embarrassed

the line starts over there ...

Topic: Swedish ASIC miner company kncminer.com - page 186. (Read 3049514 times)