Topic: Swedish ASIC miner company kncminer.com - page 1922. (Read 3049501 times)

Sorry for starting OT from me as well!!  


that must definitively be one of the reasons of the current situation. Maybe some kind of evil spell that still works.


I and everyone I know are not aware of this, maybe some of our 'political leaders' are blamable, but, we lost control over these guys long time ago....


but you guys have the most beautyful women, places, beaches, food and climate in whole Europe. Sure you want to change? I don't see too much Spaniards in Germany   there must be some reasons  


Strange, quite a lot of germans dream of emigrating to Canada and talk about a country where milk and honey flows in rivers and roasted chickens fly right into your mouth. Somebody must be lying. To both of us.  

I agree.   Also don't forget-- when you pay with BTC, it is converted by BitPay.   It is not like they can send you back the BTC that you paid with.  

It will be interesting if you get BTC or FIAT back,  let us know how it turns out.  I don't think you should worry though.

I wouldn't panic, once they understand your mistake I'm sure they'll refund.

I was hoping not to have to post it here, but I think I have to in order to have any chance of getting my refund.
I am not biased against KnC or trolling, in fact I feel bad for not knowing them when pre-orders were open.
I decided though I don't want to buy a miner that ships in October (with the new orders).
When I saw the hosting options I got crazy - I thought I did not have to buy the miner and the offer seemed unbelievable.
Unfortunately the site is not very helpful to see this.
It was only later when I discovered here that I had to order an ASIC before hosting is enabled.
I think it was a huge mistake to sum the whole period and pre-pay it, it confused many people here as I see.

So I asked for refund (I paid with BTC) but I hate to say I am not very optimist. Here is the mails:

1st:
"Hi,

I saw the hosting offer today and I ordered without having bought a miner previously!
I don't plan to order an item separately so I would like a refund.
I paid in bitcoins so it would be easier for you.

My order is the following:
https://bitpay.com/invoice?id=LqWvUj7FiaatjhfyoMZBoJ4S-TQ8vRDDBEZjKa2kV1g=

Thank you in advance and sorry for the misunderstanding.

Best regards,
kLee"

2nd (just to make sure they have an address):
"My btc address is:
xxxx"

3rd:
"Hi,

Any feedback?"

Reply:
"Hi,
 
I’m assuming you plan to have a hosted miner. If you order a miner and make a note in with the order number of the hosting we can link them together.
 
Thanks,
Carl
Med vänlig hälsning  |  Best regards
Carl Sidenvall, customer services  
Kncminer
www.kncminer.com
Office: +46 8559 253 20"

4th:
"Hi,

I am not interested in purchasing a miner thank you.
I thought the prices for hosting were without having to buy a miner!

I live in Greece so with actually buying a miner I would prefer it shipped to me at that prices, hosting would not be
the optimal option!

Regards,
kLee"

No reply since then!
I forgot to say I phoned to the company yesterday (before the mail) and a guy said to mail the support.
First mail was send after that yesterday.
The rest today.
Their reply was 4:24PM local time (now it is 10:45PM).

I hope they will send my refund, no money for buying a miner unfortunately else maybe I would consider ordering a Mercury and paying the difference (though I don't believe it is wise - better go 2xJupiter to be sure with the rise in difficulty).

The whole hosting issue and reluctance to refund me immediately in bitcoins is kind of a red flag IMHO.

Peace.

EDIT: My English are not good because I don't have time for revision before posting, sorry guys...

Do not forget, in Spain our salary is half that of the Germans. We pay for everything like you. Except housing here costs twice.
But there are much worse even than Spain.

Sorry for topic

After having a meeting with colleagues(seperate entities) in a brainstorming session that took over 7 hours, I was compelled to share the following with my genius friends here in the forum to chew on... hope it helps someone...
We had a Pow-wow discussion about the hosting situation at KNC, which we had been excited about such a great deal because our electrical costs here alone seemed to make hosting a bargain. (.43/kwhr is 309.60/month for a Jupiter), so for $350 a month, that's like paying $40.40 per month for hosting a Jupiter with the "Dream Team" as we call KNC...
Then we got the bad news.
Hosting will be up-front. This changes everything.
Ultimately, we decided against having KNC host the 3 Saturns we ordered for the following reasons...
1. The UP-Front policy changed the ROI drastically.
  a. Hosting 3 Saturns for 6 months costs 4200 dollars... up-front
  b. Buying another Saturn costs $3,897.60 here in Hawaii with shipping.  (see where I'm going with this?)
2. Here in Hawaii, the electric cost is the among the highest in the world, literally .43/kw/hr, which comes to $464.40/month for the original 3 Saturns just for electric, or $154.80/month/Saturn; which comes to  $928.80 in electric over the six month contract term for each Saturn here in Hawaii.  That's a difference of $3,271.20 over the 6 month hosting fee, which is the actual cost of hosting a single Saturn after electric for us.
3. Now, instead of spending the $4,200.00 on hosting, if we simply bought another Saturn, we would have increased our hash-rate by 25% (200Gh/s)over that six months for $3,897.60. With a projected ROI of 30 days,(We feel an modest estimate) that would leave us with over 300 dollars, and 5 months of pure hashing profit over the same six months, not to mention that we still have the machine hashing long after that.

To put it more simply; Consider the comparison of up-front hosting fees against the lifetime income potential of the machine, minus electric.

We argued other points, like how much we could make in the few days it took to ship versus hosting, which was an attractive point since we are literally on the other side of the world, and what we could stand to loose if the package took 10 to 14 days to arrive.... but with every calculation, the numbers were negligible in comparison to the lifetime ownership of another machine.

Now, if We were able to pay on a month-to month basis during the 6 month term, we would have certainly went for hosting straight away, due to the drastically lower start-up costs. (Hint to Sam & Andreas)

Well... seeing as you guys are propping up the entire Eurozone... is it really any wonder?

Well you did Get David Hasselhoff to Number 1.

That's karma.

;-)

WTF! I'm getting sick and tired of this country more and more every day. How can it be that ukranian power can be generated/sold more than 10 times cheaper than german? Icelandic nearly 30 times cheaper???

We have the highest taxes, highest public expenditure quota, highest fuel prices, highest working life years, highest energy costs and get in return such wonderful things as worst life quality, the worlds most complicated taxation system, the most boring society and cities on the world, the least amount of leisure time, the highest retirement age and the lowest net earnings.

I can't wait to emigrate, germany must be the asshole of the world. 

Yes.. sorry typed to fast w/o thinking

Makes sense, in case couriers change their pricing structure, or KnC change their preferred courier...

I already purchased the shipping for my units.  I did ask KNC if I select the hosting now, will I get the shipping refunded.  They said they will refund the shipping cost and when the hosting contract is up, they will have a charge to ship the unit.

(In case anyone else was wondering that.)

HUH?     LOOK....




I see adaptation happening with a quickness...   (My 2 Centz)

You mean September...

Looks like avalon is sending out their batches now, one of the first big orders made it out, im going to be aug is going to see a huge increase in hash rate/diff.. I just hope KNC delivers early aug instead of the end..

https://bitcointalksearch.org/topic/m.2790248

im just surprised anyone would ask this question, its clearly stated on the website....

jesus

Yes, via bitpay.

Really?!

Does KnC accept btc as payment?
Much of my earnings will be saved for KNC GenII... after ROI, of course.
I do not like paying for 6 months of hosting up front.

Shit, they could keep the $ that I shelled out for expedited shipping as down payment toward hosting.

Bi-monthly payments would be better than 6 or 12 months out.

The closed loop means more people are able to buy everything they need in Bitcoin.  If we want bitcoin to work as a currency then we want people to be able to spend it directly, rather then selling it and then using currency.

Also, the price of a national currency like CAD is controlled by the central bank.  If the price of CAD starts to go down because people are spending it in the US then the central bank can do things like raise interest rates, and destroy excess currency decreasing the money supply and increasing the price.  On the other hand, if the price starts to go up to quickly, the central bank can print more.   Central banks print and destroy money in order to keep the price stable. 

Bitcoin doesn't have a central bank, it has a fixed supply. So holding it makes the price go up, while spending it rapidly makes the price go down, like with gold.