KNC has done much to cover their tracks.....I know understand why Bitcoinrama probably quit and probably signed a NDA....
Executive summary on Bitcoinorama please ?
Topic: Swedish ASIC miner company kncminer.com - page 200. (Read 3049514 times)
KNC has done much to cover their tracks.....I know understand why Bitcoinrama probably quit and probably signed a NDA....
Executive summary on Bitcoinorama please ?
Yeah, I don't remember them describing the Titan as needing to be limited to mining on an approved range of pools in order function properly, either.
They seemed to have omitted that from the sales description while they were taking everybody's money earlier in the year.
They seemed to have omitted that from the sales description while they were taking everybody's money earlier in the year.
KNC has done much to cover their tracks.....I know understand why Bitcoinrama probably quit and probably signed a NDA....
20/20 hindsight is a bitch
but on the other hand....they went from champ to chump awful fast...hard to guard against something like this when it is
a complete turn around and abandonment of customers
the key is here however ..they 'don't need us as customers' ..they likely realized this sometime last March when they decided
to go all out with their data halls ...from the frankenjupiter on we as customers were just 'used' to further their data hall projects
quite the 180 in my view
but hey what is the downside to the guys who made KNC ...more money and a few pissed off customers....its all good from their point of view
The downside is living with the guilt and shame of having wronged so many others. All the players weren't bad in the beginning but were corrupted by others with bad intentions and living with shame has grave implications. Money isn't the be-all and end-all; it can't repair the damage to your soul. There is actually no point to their greed - they have simply created a race for themselves to capture more of the bitcoin network. Seeking power and perfection is actually a manifestation of the feelings of shame - they are trying to compensate for their shame by preventing future shame. Ultimately they will fail.
Wow,KnC bends over backwards & gives you a 1 YEAR warranty....out of the kindness of their hearts....& you still complain 
Just completely ungrateful,I see why KnC is dumping you small fry,chump change carrying fools
Just completely ungrateful,I see why KnC is dumping you small fry,chump change carrying fools
Wow, are you kidding? or just an ignorant knc fan ?
Yeah, I don't remember them describing the Titan as needing to be limited to mining on an approved range of pools in order function properly, either.
They seemed to have omitted that from the sales description while they were taking everybody's money earlier in the year.
They seemed to have omitted that from the sales description while they were taking everybody's money earlier in the year.
KNC has done much to cover their tracks.....I know understand why Bitcoinrama probably quit and probably signed a NDA....
20/20 hindsight is a bitch
but on the other hand....they went from champ to chump awful fast...hard to guard against something like this when it is
a complete turn around and abandonment of customers
the key is here however ..they 'don't need us as customers' ..they likely realized this sometime last March when they decided
to go all out with their data halls ...from the frankenjupiter on we as customers were just 'used' to further their data hall projects
quite the 180 in my view
but hey what is the downside to the guys who made KNC ...more money and a few pissed off customers....its all good from their point of view
Yeah, I don't remember them describing the Titan as needing to be limited to mining on an approved range of pools in order function properly, either.
They seemed to have omitted that from the sales description while they were taking everybody's money earlier in the year.
They seemed to have omitted that from the sales description while they were taking everybody's money earlier in the year.
Wow,KnC bends over backwards & gives you a 1 YEAR warranty....out of the kindness of their hearts....& you still complain
Just completely ungrateful,I see why KnC is dumping you small fry,chump change carrying fools
Just completely ungrateful,I see why KnC is dumping you small fry,chump change carrying fools
yep we are the ungrateful ones that is for sure........ruining their grand plans to control 20% of the bitcoin virtual mining market
with their arctic cloud (recent article)
can't let us pesky past customers get in the way of their future
(hard to phathom from knc's point of view why we are not 'groveling' in awe at their greatness don't ya know)
bit of disconnect with past customers and quality of current products don't ya know....hard for them in their 'godlike' persona now....
as Kurt likes to say ..to protect KNC against refunds etc "the equipment is NOT comsumer quality" TM KNC
if not received titan miner
what the reason of quarante
what the reason of quarante
Wow,KnC bends over backwards & gives you a 1 YEAR warranty....out of the kindness of their hearts....& you still complain
Just completely ungrateful,I see why KnC is dumping you small fry,chump change carrying fools
Just completely ungrateful,I see why KnC is dumping you small fry,chump change carrying fools
This has probably been posted before but it is important....KNC today said (again I guess) the following posted by Kurt on KNC Forums
start
Hi,
As there has been some confusion in regards to the warranty period of each product, it has now been decided that batch 1 Titans and batch 1 and 2 Neptune miners are now applicable for 12 months warranty from the date of delivery.
To answer your questions specifically Pete, the terms and conditions are the same for all batches apart from the warranty period, which has now been set to 12 months for the aforementioned products/batches.
Kurt
end
below is the link to the reply to this question on forums
http://forum.kncminer.com/forum/main-category/acccounts/65038-t-c-specific-to-each-batch-need-to-be-made-available-online
well hell it is not much...but it is something ...not that it will help a lot but let them stall your RMA back..but still
(I'm a NO ROI NO REFUND Titan 1st batch order)
anyway to those who don't follow KNC forums
start
Hi,
As there has been some confusion in regards to the warranty period of each product, it has now been decided that batch 1 Titans and batch 1 and 2 Neptune miners are now applicable for 12 months warranty from the date of delivery.
To answer your questions specifically Pete, the terms and conditions are the same for all batches apart from the warranty period, which has now been set to 12 months for the aforementioned products/batches.
Kurt
end
below is the link to the reply to this question on forums
http://forum.kncminer.com/forum/main-category/acccounts/65038-t-c-specific-to-each-batch-need-to-be-made-available-online
well hell it is not much...but it is something ...not that it will help a lot but let them stall your RMA back..but still
(I'm a NO ROI NO REFUND Titan 1st batch order)
anyway to those who don't follow KNC forums
Speaking of refunds, I just added a new topic to my website -> kncnews.org/refunds
That's a great site you've made! It would be nice if you could note somewhere that there are still waiting for promised refunds on cancelled Neptune orders. Here's what they wrote in August:
Quote from: kncminerwebsite
Markup If We're Late
Blah blah blah.... self-congratulatory crap, some boasting, a few excuses and some lies
...However, we want satisfied customers and there is one area where we need to beef up our output: Neptune refund requests. Most refunds have already been taken care of but there is still a queue to work through. So we would like to share with you our compensation plan and you’ll see that we’ll penalize ourselves the longer a refund takes.
5-10 % Markup On Neptune Refunds
If your refund has not been sent before the start of September you will receive a 5% markup (i.e. if your requested refund order stands at 10.000 USD we will refund you 10.500 USD).
If your refund has not been sent before the end of October you will receive 10% markup (i.e. if your requested refund order stands at 10.000 USD we will refund you 11.000 USD).
These markups will be added automatically to your refund amount, no matter which method of refund you have chosen.
We sincerely hope this line of action reassures customers waiting for a refund that we’re in this for the long haul.
Best,
The Knc Team, August 18, 2014, Stockholm.
Blah blah blah.... self-congratulatory crap, some boasting, a few excuses and some lies
...However, we want satisfied customers and there is one area where we need to beef up our output: Neptune refund requests. Most refunds have already been taken care of but there is still a queue to work through. So we would like to share with you our compensation plan and you’ll see that we’ll penalize ourselves the longer a refund takes.
5-10 % Markup On Neptune Refunds
If your refund has not been sent before the start of September you will receive a 5% markup (i.e. if your requested refund order stands at 10.000 USD we will refund you 10.500 USD).
If your refund has not been sent before the end of October you will receive 10% markup (i.e. if your requested refund order stands at 10.000 USD we will refund you 11.000 USD).
These markups will be added automatically to your refund amount, no matter which method of refund you have chosen.
We sincerely hope this line of action reassures customers waiting for a refund that we’re in this for the long haul.
Best,
The Knc Team, August 18, 2014, Stockholm.
What a load of shit. "We need to beef up our output but meh, fuk u, we aren't going to. Instead we promise you more money until our time runs out at which point we will promise you something else or maybe offer you three Titans that were returned for RMA but we didn't bother fixing because again - fuk u you unnecessary customer. We don't need no stinkin' customers, we simply need your money! Afterall, we're in this for the long haul.
Speaking of refunds, I just added a new topic to my website -> http://kncnews.org/refunds
… and a section on shipping problems -> http://kncnews.org/shipping
Linking is encouraged for SEO reasons. i'd like to ensure that anyone searching for the term KNC reads kncnews.org
… and a section on shipping problems -> http://kncnews.org/shipping
Linking is encouraged for SEO reasons. i'd like to ensure that anyone searching for the term KNC reads kncnews.org
Excerpt from a recent Sam Cole Interview:
Quote
“When we don’t have these customers buy our hardware it becomes a different business model. It becomes much easier, much more open, much more honest,” Cole said in a phone interview. “There’s still going to be $2 billion, at today’s price, mined in the next few years. That’s a lot of cash that’s up for grabs, and we’re going to do our best to take a decent chunk of it.”
Also says:
Quote
After bitcoin’s price collapsed from a high of more than $1,000 to lows of around $300 earlier this month, customers once eager to mine the digital currency have started to ask for their money back, according to KnC co-founder Sam Cole. Yet the pullback by individuals who had hoped to grow rich in their garages belies the potential for companies that have built up the scale to stick the course, he said.
So the Asscole is saying that he wants to go straight and be more honest, while at the same time saying that the problem is customers greed - trying to get rich quick in their basement.
Rather than the REAL problem which is knc failed to deliver what they promised - in hashing power (titan), in quality/safety(titan) and delivery schedule (neptune+titan), customer incentives (bonus rigs, neptune and titan). What a scammy cunt of a (sub)human being Asscole is.
Don't forget the refunds! Many of us are still waiting for them to refund our money on cancelled Neptune orders. Anyone still waiting should seriously think about giving "kncminer" some negative trust. I know there are many other reasons to deal out negative trust and it is never too late - even if you think they wont be back here.
Excerpt from a recent Sam Cole Interview:
Quote
“When we don’t have these customers buy our hardware it becomes a different business model. It becomes much easier, much more open, much more honest,” Cole said in a phone interview. “There’s still going to be $2 billion, at today’s price, mined in the next few years. That’s a lot of cash that’s up for grabs, and we’re going to do our best to take a decent chunk of it.”
Also says:
Quote
After bitcoin’s price collapsed from a high of more than $1,000 to lows of around $300 earlier this month, customers once eager to mine the digital currency have started to ask for their money back, according to KnC co-founder Sam Cole. Yet the pullback by individuals who had hoped to grow rich in their garages belies the potential for companies that have built up the scale to stick the course, he said.
So the Asscole is saying that he wants to go straight and be more honest, while at the same time saying that the problem is customers greed - trying to get rich quick in their basement.
Rather than the REAL problem which is knc failed to deliver what they promised - in hashing power (titan), in quality/safety(titan) and delivery schedule (neptune+titan), customer incentives (bonus rigs, neptune and titan). What a scammy cunt of a (sub)human being Asscole is.
I feel lied too. I feel abused. I feel RAPED.
Why don't you tell us how you really feel ?
Mind if I quote you on my page describing KNC Titan support practices ? kncnews.org/support
Yeah, now at last Sam Cole feels he can be honest LOL ...
I have no basis for this, but I'm figuring the yields were so bad that there were not enough decent ones in the first batch of chips to fulfill the first batch of miner orders...
Au Contraire.
Hard for batch 1 Titan customers to get a good set of cubes with you fucking shameless pigs that is KNC are mining with excellent running cubes by picking and choosing and us paying customers get the scrap leftovers. Total A1 Fact.
This is the real fucking truth.
So sick (like real sick, not "good" sick) how KNC has self-degraded. Read the words of Sam Cole himself:
https://www.cryptocoinsnews.com/kncminer-ditches-customers-favor-mining-bitcoin-litecoin-themselves/
and:
http://www.bloomberg.com/news/2014-10-21/bitcoin-miner-ditches-clients-to-chase-2-billion-coding-prize.html
Excerpt from a recent Sam Cole Interview:
I feel lied too. I feel abused. I feel RAPED.
https://www.cryptocoinsnews.com/kncminer-ditches-customers-favor-mining-bitcoin-litecoin-themselves/
I tried posting this TWICE on KNC Forums and both times my posts were IMMEDIATELY deleted, presumably by Kurt of KNC.
Quote
“When we don’t have these customers buy our hardware it becomes a different business model. It becomes much easier, much more open, much more honest,” Cole said in a phone interview. “There’s still going to be $2 billion, at today’s price, mined in the next few years. That’s a lot of cash that’s up for grabs, and we’re going to do our best to take a decent chunk of it.”
I feel lied too. I feel abused. I feel RAPED.
https://www.cryptocoinsnews.com/kncminer-ditches-customers-favor-mining-bitcoin-litecoin-themselves/
I tried posting this TWICE on KNC Forums and both times my posts were IMMEDIATELY deleted, presumably by Kurt of KNC.
They delete post and ban User
No information about the delivery or product stability
Today, 03:06 PM
soon you will meet this guy
http://www.nova.se/en/employees/magnus-daar-2/
and your artic cloud will be closed
http://www.bloomberg.com/news/2014-1...ing-prize.html
No information about the delivery or product stability
Today, 03:06 PM
soon you will meet this guy
http://www.nova.se/en/employees/magnus-daar-2/
and your artic cloud will be closed
http://www.bloomberg.com/news/2014-1...ing-prize.html
I think the whole 'urgent setwork' aka flush latency issue with the titan is going to turn out to be its achilles heel. if you look at the comments in the changelog for one of the first bfgminer releases, a knc engineer says that the DC/DC subsystem "doesn't like urgent setwork. don't do it !"
IMO this implies some kind of DC/DC hardware issue or rPI/DC/DC/PMbus performance issue that will make it very hard for KNC to fix this problem.
If they can't fix it, then the Titan can not meet the advertised purpose of being fit for 'any scrypt application'.
IMO this implies some kind of DC/DC hardware issue or rPI/DC/DC/PMbus performance issue that will make it very hard for KNC to fix this problem.
If they can't fix it, then the Titan can not meet the advertised purpose of being fit for 'any scrypt application'.
Exactly, absolutely agree with you. Having examined how their gear works, their method of flushwork is undermining the machine's ability to work. It's spending more time flushing than mining. It may have been an engineering shortcut, to design the system to closely to the SHA256 setup (whose original design was for bitcoin's long blocks), but it's crippling scrypt.
I remember when I ran my KNC hardware on 'fast block' sha256 altcoins, and similar issues appeared. Hashrates fluctuated wildly, sometimes it sat there doing very little work. Some of it was attributed to the back end of the pool, but flushwork was and has been an issue for KNC.
I think the whole 'urgent setwork' aka flush latency issue with the titan is going to turn out to be its achilles heel. if you look at the comments in the changelog for one of the first bfgminer releases, a knc engineer says that the DC/DC subsystem "doesn't like urgent setwork. don't do it !"
IMO this implies some kind of DC/DC hardware issue or rPI/DC/DC/PMbus performance issue that will make it very hard for KNC to fix this problem.
If they can't fix it, then the Titan can not meet the advertised purpose of being fit for 'any scrypt application'.
IMO this implies some kind of DC/DC hardware issue or rPI/DC/DC/PMbus performance issue that will make it very hard for KNC to fix this problem.
If they can't fix it, then the Titan can not meet the advertised purpose of being fit for 'any scrypt application'.
Jump to: