Author

Topic: Swedish ASIC miner company kncminer.com - page 195. (Read 3049514 times)

legendary
Activity: 980
Merit: 1040
October 28, 2014, 01:47:28 AM
KnC seem to be deploying:

4% of the network over 4 days:

https://blockchain.info/pools?timespan=4days

6% over 48hr:

https://blockchain.info/pools?timespan=48hrs

7%  8% over 24hr:

https://blockchain.info/pools?timespan=24hrs

Could be a very lucky streak, but I doubt that.
full member
Activity: 231
Merit: 100
October 27, 2014, 09:23:41 PM
KNC is shit now. im trying to get some sue for them from EU.
sr. member
Activity: 386
Merit: 250
October 27, 2014, 09:19:16 PM
My second batch Neptune only gets 2.2 terrahashes and refuses to show the advanced readouts page so I cannot tell how much of the shortfall is associated with which cube.

I have tried upgrading the firmare to the latest but still cannot get the advanced page to display.

Has anyone else had trouble getting to the "advanced" page? If so, did you ever eventually get the page?

-MarkM-


All information on the web pages can be discovered at the SSH command prompt.
See link below for a list of commands.
https://bitcointalksearch.org/topic/m.8026852


YMMV
Smiley
legendary
Activity: 2940
Merit: 1090
October 27, 2014, 08:45:04 PM
My second batch Neptune only gets 2.2 terrahashes and refuses to show the advanced readouts page so I cannot tell how much of the shortfall is associated with which cube.

I have tried upgrading the firmare to the latest but still cannot get the advanced page to display.

Has anyone else had trouble getting to the "advanced" page? If so, did you ever eventually get the page?

-MarkM-
full member
Activity: 134
Merit: 100
October 27, 2014, 07:41:35 PM
Has anybody had any success with ARN?
sr. member
Activity: 386
Merit: 250
October 27, 2014, 07:05:34 PM
Any tips on how to get disabled dies/cores enabled again on neptunes.
Got one neptune which is very stubborn even after upgrades / downgrades reboots the die's still won't come up.

--SNIP--

Haven't had the chance yet to power down the full cubes yet as they are on a remote site.
Know previously we had a script to enable all cores again with a reboot by using a script on jupiters.
Not sure if there is any for neptunes?

It is my experience that the DC/DC on a Nep can lock up.
This requires you to power cycle the ASIC PCB to recover the DC/DC converters.
I have OCCASIONALLY had success with a "Triple waas with a full twist"
(hunt thru my posts if interested)

I think the lock up and failure to recover are related to the way kfc powers the communications.
They changed the communications circuitry on the 20nm products.
This change IMneverHO is part of the problem.

First they blamed the GE VRMs and switched to Ericsson.
The new ones don't sing loudly, they go silent and cold instead.

If a cube works for a while then develops issues over time,,,
Check the heatsinks (learn how if you must, takes less time than an RMA)
My Nep instability is usually temp related.

The irony, IMneverHO, is they could have used 12 VRM per PCB and shipped 4 ASIC Neptune.
Their decision not too requires 25% more ASIC to fill existing orders.
An ASIC must cost lots less than 8 VRM else they would have...
kfc does an 'own goal' at everyones expense.


YMMV
Smiley
sr. member
Activity: 476
Merit: 250
let's have some fun
October 27, 2014, 04:36:20 PM
This is why I think you are guys are barking up the wrong tree when you set out to try and sue KNC Miner, you have to realize they are only responsible for complying with the Swedish Law and not any international laws. KNC is a pretty big company that they likely have confirmed everything with their own lawyers.

...

dude  Roll Eyes

I can sell you miners all you want for the best price available, but as B2H (Business-2-Horse) only.
"The Products are sold to horses only and Purchaser hereby accepts that it has purchased the Products as a horse."
Since you are a horse, you cannot make business and therefore I neither need to deliver anything nor refund you.

Just because one puts something written in the internet and call it TandC, it doesn't change the laws.
Let alone this B2B crap and deceptive marketing, refusal of refunds, keeping money of accepted refunds for several months, etc..
Even if most of their TandC would be ok for some B2B cases in the wild, it would not mean that it fits to KnC's reality and covers their fraudulent scammy actions.
hero member
Activity: 630
Merit: 501
October 27, 2014, 03:48:17 PM
This is why I think you are guys are barking up the wrong tree when you set out to try and sue KNC Miner, you have to realize they are only responsible for complying with the Swedish Law and not any international laws. KNC is a pretty big company that they likely have confirmed everything with their own lawyers.





"Natalie (kncminer)
Oct 27 14:58

Hi,

Our terms and conditions are in accordance with Swedish law.
As mentioned before the Titan miner is a nonrefundable product.

We will continue to produce and ship the miners as quickly as possible according to the payment dates of the orders.

Best regards 
Med vänlig hälsning

Natalie

Kncminer
www.kncminer.com
Office: +46 8559 253
20"
Urgh
legendary
Activity: 1316
Merit: 1014
ex uno plures
October 27, 2014, 01:37:50 PM
Magnus Daar from Nova responded to my e-mail. I think it is the best option for all EU based clients. There is already a number of people willing to join the group action (not a class action actually). I am 80% convinced to do it with Nova. I will keep you posted.

That's encouraging to hear. Is there an issue with North American or other non-EU resident clients participating ?
hero member
Activity: 859
Merit: 1000
October 27, 2014, 12:26:06 PM
Magnus Daar from Nova responded to my e-mail. I think it is the best option for all EU based clients. There is already a number of people willing to join the group action (not a class action actually). I am 80% convinced to do it with Nova. I will keep you posted.
member
Activity: 87
Merit: 10
October 27, 2014, 11:56:13 AM
"Natalie (kncminer)
Oct 27 14:58

Hi,

Our terms and conditions are in accordance with Swedish law.
As mentioned before the Titan miner is a nonrefundable product.

We will continue to produce and ship the miners as quickly as possible according to the payment dates of the orders.

Best regards 
Med vänlig hälsning

Natalie

Kncminer
www.kncminer.com
Office: +46 8559 253
20"
Urgh
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
October 27, 2014, 10:16:11 AM

In November/December 2013 there were the glory days where you are able to mine $500 a day with BTC. but these times are long over.  
legendary
Activity: 1316
Merit: 1014
ex uno plures
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
October 27, 2014, 09:51:28 AM
I think this is maybe one of the funniest bitcoin videos i have ever witnessed - https://www.youtube.com/watch?v=D1GSKnJLcDg

$450 a day reward with one Titan? in there dreams maybe --> www.coinwarz.com

BTW video outside looks like Netherlands but it could also be Hamburg the guys talk German sometimes.  Grin
legendary
Activity: 1316
Merit: 1014
ex uno plures
October 27, 2014, 09:27:25 AM
The advantage that scrypt alt-coins had were that they were not mineable by ASICs.

I know that this is a popular view and it is encouraged by those communities built around alt-coins which are still GPU based, but ...

There is no advantage to being unable to mine a coin with ASICs.

Don't tell me, tell them.
If people believe that not being ASIC mineable is a good thing, they will shift to non-ASIC mineable coins, and the value of the ASIC-mineable coins will fall.
It doesn't matter whether their view of the cause is right or not, if the effect is the same.

I know we are going off-topic a bit here, though these arguments are relevant to KNC and the Titan in many ways, so I'll just close by saying:

You've got the cart before the horse here. The value of coins doesn't fall because miners stop mining them. Miners are incentivized by profit. They stop mining coins which aren't profitable. Sure, some GPU miners will quit mining coins that you can mine with an ASIC, because there is no profit in it for them, just like a lot of CPU miners stopped mining BTC when GPU mining became possible. BTC survived the transition from CPU to GPU to ASIC and so will scrypt coins.

hero member
Activity: 616
Merit: 500
October 27, 2014, 09:18:17 AM
The advantage that scrypt alt-coins had were that they were not mineable by ASICs.

I know that this is a popular view and it is encouraged by those communities built around alt-coins which are still GPU based, but ...

There is no advantage to being unable to mine a coin with ASICs. ASIC mining strengthens alt-coins in the same way it strengthens BTC, by increasing the security of the network. Nor do ASICs cause decentralization of the network.

The reason many alt-coins adopt non-scrypt based algorithms is because they are trying to protect the self interests of their members, who are typically GPU users, not for the good of network security. There were GPU haters, there are ASIC haters and there will always be a community of luddites who perceive their self interest avoiding change.

Scrypt ASICs will be as common and inexpensive as GPUs are in the near future. There is no logical reason to fear them and every reason to adopt them.


^- On the mark. I've had this discussion numerous times with people. They don't get it, and a month down the road, aren't sure why they lost their investment in XYZ new altcoin. Some people just will never get it.
sr. member
Activity: 476
Merit: 250
October 27, 2014, 08:02:41 AM
The advantage that scrypt alt-coins had were that they were not mineable by ASICs.

I know that this is a popular view and it is encouraged by those communities built around alt-coins which are still GPU based, but ...

There is no advantage to being unable to mine a coin with ASICs.

Don't tell me, tell them.
If people believe that not being ASIC mineable is a good thing, they will shift to non-ASIC mineable coins, and the value of the ASIC-mineable coins will fall.
It doesn't matter whether their view of the cause is right or not, if the effect is the same.
legendary
Activity: 1316
Merit: 1014
ex uno plures
October 27, 2014, 07:11:25 AM
The advantage that scrypt alt-coins had were that they were not mineable by ASICs.

I know that this is a popular view and it is encouraged by those communities built around alt-coins which are still GPU based, but ...

There is no advantage to being unable to mine a coin with ASICs. ASIC mining strengthens alt-coins in the same way it strengthens BTC, by increasing the security of the network. Nor do ASICs cause decentralization of the network.

The reason many alt-coins adopt non-scrypt based algorithms is because they are trying to protect the self interests of their members, who are typically GPU users, not for the good of network security. There were GPU haters, there are ASIC haters and there will always be a community of luddites who perceive their self interest avoiding change.

Scrypt ASICs will be as common and inexpensive as GPUs are in the near future. There is no logical reason to fear them and every reason to adopt them.
sr. member
Activity: 476
Merit: 250
October 27, 2014, 06:15:14 AM
Quote from: ckolivas
It has everything to do with why they did not offer refunds right from the start - they knew that ASIC mining would kill off scrypt coins and anyone who bought an scrypt ASIC would regret it. Legal or not is a different issue....
[...]
In general alt-coins have a lot of advantages over BTC. For example, they provide an area where experimentation can take place without the risks associated with BTC changes. Many of them are more suitable for use in payment systems due to their fast block time.

That is true of both SHA256 and scrypt alt-coins.
The advantage that scrypt alt-coins had were that they were not mineable by ASICs.
When scrypt ASICs come along, that advantage goes away.
Alt-coins have simply moved to different algorithms, and as each one gets overwhelmed by hardware, will continue to find new ones to move to.
The simple act of producing and selling scrypt ASICs renders them almost worthless.
hero member
Activity: 692
Merit: 500
October 27, 2014, 03:55:17 AM
The only thing Knc will sell direct to consumers from here is their cloud hashing contracts. And people will still buy them.
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