Does anyone know a working (European) pool for the TinyTitan (firmware 1.04) with 300 MH/s and without tons of rejects?
stratum+tcp://multi.ghash.io:3333 = 0,0144 BTC / day
stratum+tcp://prohashing.com:3333 = 0,0716 BTC / day
stratum+tcp://stratum.nicehash.com:3333 = 0,0371 BTC / day
stratum+tcp://ca.simplemulti.com:3364 = 0,0533 BTC / day
stratum+tcp://yaamp.com:3433 = doesn't work
THX
Topic: Swedish ASIC miner company kncminer.com - page 210. (Read 3049515 times)
KNC you should accept and refund everybody before it's too late ... !
do you think they listen in here or care, get a lawyer and tool up.
https://www.cryptocoinsnews.com/kncminer-issuing-titan-refunds/
don't worry they listen ... maybe they not care but it'll be somebody else who will
KNC you should accept and refund everybody before it's too late ... !
do you think they listen in here or care, get a lawyer and tool up.
KNC Mining pool grows while we continue to wait
Today, 03:48 PM
You can see here the history of the KNC Miner owned pool over the weeks leading up to the release of the Neptune through until today.
Source : http://organofcorti.blogspot.com.au/...n-network.html
June 1st
6.49%
June 8th
6.14%
June 15h
3.13%
June 22nd
6.35%
June 29th
5.31%
July 6th
5.31%
July 13th
4.11%
July 20th
4.20%
July 27th
3.56%
August 3rd
4.37%
August 10th
3.52%
August 17th
3.56%
August 24th
3.89%
August 31st
2.96%
September 7th
2.85%
September 14th
3.70%
September 21st
3.92%
September 28th
4.64%
October 6th
4.74%
At the beginning of this time period the difficulty was 10,456,000,000, the difficulty is now 35,002,000,000, overall growth of 334%.
The June 1st results (6.49% of approx 80PH) would indicate a hashrate of about 5.2PH
The October 6th results (4.74% of approx 260PH) would indicate a hashrate of 12.3PH
An approximate growth of 7.1PH for the KNC Miner pool over the time period since the Neptune announcement and deliveries began.
Assuming 3.6TH per Neptune, this growth would indicate an additional 1972 Neptunes (7100 / 3.6) that have been added to the private KNC Miner pool over the last four months.
This, while customers are still awaiting delivery of their Neptunes + Bonus Neptunes.
You can see a gradual decline of the % of total hashrate up until late August or early September, this decline is only in relative terms to the total growth of the Bitcoin network. The KNC Mining pool hashrate continued to grow throughout this period. It allows us to pinpoint where they seem to have completely stopped giving a damn about paying customers and started really focusing on themselves.
Here it is, the best evidence I could find to support the accusations that KNC are giving us the shaft.
Thoughts?
Anyone from KNC care to comment on this?
(posted on kncforum by sixbk)
Today, 03:48 PM
You can see here the history of the KNC Miner owned pool over the weeks leading up to the release of the Neptune through until today.
Source : http://organofcorti.blogspot.com.au/...n-network.html
June 1st
6.49%
June 8th
6.14%
June 15h
3.13%
June 22nd
6.35%
June 29th
5.31%
July 6th
5.31%
July 13th
4.11%
July 20th
4.20%
July 27th
3.56%
August 3rd
4.37%
August 10th
3.52%
August 17th
3.56%
August 24th
3.89%
August 31st
2.96%
September 7th
2.85%
September 14th
3.70%
September 21st
3.92%
September 28th
4.64%
October 6th
4.74%
At the beginning of this time period the difficulty was 10,456,000,000, the difficulty is now 35,002,000,000, overall growth of 334%.
The June 1st results (6.49% of approx 80PH) would indicate a hashrate of about 5.2PH
The October 6th results (4.74% of approx 260PH) would indicate a hashrate of 12.3PH
An approximate growth of 7.1PH for the KNC Miner pool over the time period since the Neptune announcement and deliveries began.
Assuming 3.6TH per Neptune, this growth would indicate an additional 1972 Neptunes (7100 / 3.6) that have been added to the private KNC Miner pool over the last four months.
This, while customers are still awaiting delivery of their Neptunes + Bonus Neptunes.
You can see a gradual decline of the % of total hashrate up until late August or early September, this decline is only in relative terms to the total growth of the Bitcoin network. The KNC Mining pool hashrate continued to grow throughout this period. It allows us to pinpoint where they seem to have completely stopped giving a damn about paying customers and started really focusing on themselves.
Here it is, the best evidence I could find to support the accusations that KNC are giving us the shaft.
Thoughts?
Anyone from KNC care to comment on this?
(posted on kncforum by sixbk)
Below was posted on the KNC forum and it got deleted. Funny that
Report them to the FTC https://www.ftccomplaintassistant.gov/#crnt&panel1-1
BFL are getting slammed for mining on customers rigs, I'm sure the FTC would be very interested in what KNC are doing. They have partnerships with Trading standards organisations all over the world, including Sweden. I've just filed a complaint and I'm not even American. The more people complain the faster they'll look into it. I read somewhere it took 300 for them to start investigating BFL.
So only 299 to go
To avail yourself of consumer protection laws, you have to have bought as a consumer.
The T&Cs you agreed to say that you didn't.
The T&C could also say that you are a bird. Agreeing to it wouldn't make you a bird. If you are not running a business, you are a consumer.The T&Cs you agreed to say that you didn't.
To avoid consumer protection laws a company must not take orders from individual customers. Just about every Business-to-business company except KnC acts accordingly. Taking orders from individual customers is simply too risky for any company that wants to avoid consumer protections laws.
So please save some innocent lives and sue KnC for everything they've got before they ship any more of their fire hazard cubes of fail.
Blast from the past: Sam Cole on Lets Talk Bitcoin Oct 2013
https://www.youtube.com/watch?v=bxOHAha7MAk
KNC had good visibility into the manufacturing and production processes. KNC believed it was important to help their customers earn a ROI.
WTF happened to KNC ?
https://www.youtube.com/watch?v=bxOHAha7MAk
KNC had good visibility into the manufacturing and production processes. KNC believed it was important to help their customers earn a ROI.
WTF happened to KNC ?
it's like politicians ... saying good things to make people believe in them, have a success
and then screw them later when the time is over ... they have made millions now they can
throw you like a little shit in the toilets
Blast from the past: Sam Cole on Lets Talk Bitcoin Oct 2013
https://www.youtube.com/watch?v=bxOHAha7MAk
KNC had good visibility into the manufacturing and production processes. KNC believed it was important to help their customers earn a ROI.
WTF happened to KNC ?
https://www.youtube.com/watch?v=bxOHAha7MAk
KNC had good visibility into the manufacturing and production processes. KNC believed it was important to help their customers earn a ROI.
WTF happened to KNC ?
i don't know if it's really legal to treat someone who buys a product from you as a non consumer
let's the judges say something about it maybe
http://europa.eu/youreurope/citizens/shopping/unfair-treatment/unfair-contract-terms/index_en.htm
in fact i think knc is violating several european laws ...
let's the judges say something about it maybe
http://europa.eu/youreurope/citizens/shopping/unfair-treatment/unfair-contract-terms/index_en.htm
in fact i think knc is violating several european laws ...
I doubt it is possible to effectively take a class action in California against a Swedish company unless the defendants has a legal presence in California or the US.
I would have thought KNC would only worry about actions brought under Swedish law.
Why oh why do people believe that Swedish companies are allowed to sell dangerous products to American citizens without having to answer to laws in the US. That is very funny.
To avail yourself of consumer protection laws, you have to have bought as a consumer.
The T&Cs you agreed to say that you didn't.
for european peoples
http://www.konsumenteuropa.se/
http://www.konsumenteuropa.se/en/topics/buying-goods-and-services/to-file-a-complaint/
http://www.konsumenteuropa.se/en/topics/buying-goods-and-services/dispute-resolution/
http://www.konsumenteuropa.se/en/topics/E-commerce/E-commerce-within-the-EU/your-rights/
there might be something for the rest of the world consumers somewhere
http://www.konsumenteuropa.se/en/Contact-US/
US: https://www.bbb.org/
REST OF THE WORLD: http://www.consumersinternational.org/
i think nobody like to go this way ...
the best thing is knc would accept refund like they did in the past with "goodwill"
http://www.konsumenteuropa.se/
http://www.konsumenteuropa.se/en/topics/buying-goods-and-services/to-file-a-complaint/
http://www.konsumenteuropa.se/en/topics/buying-goods-and-services/dispute-resolution/
http://www.konsumenteuropa.se/en/topics/E-commerce/E-commerce-within-the-EU/your-rights/
there might be something for the rest of the world consumers somewhere
http://www.konsumenteuropa.se/en/Contact-US/
US: https://www.bbb.org/
REST OF THE WORLD: http://www.consumersinternational.org/
i think nobody like to go this way ...
the best thing is knc would accept refund like they did in the past with "goodwill"
Filed a complaint with the Swedish consumer protection agency. Feel free to use and modify this to file your own complaint. Email it to [email protected]
How to file a Consumer complaint in Sweden:
http://www.konsumentverket.se/otherlanguages/English/This-is-how-you-file-a-complaint/
Right to Cancel a purchase within 14 days of receiving it:
http://www.konsumentverket.se/otherlanguages/English/Consumer-rights/Right-to-cancel-a-purchase-Right-of-withdrawal/
Defective Goods:
http://www.konsumentverket.se/otherlanguages/English/Consumer-rights/Defective-goodsComplaint-/
How to file a Consumer complaint in Sweden:
http://www.konsumentverket.se/otherlanguages/English/This-is-how-you-file-a-complaint/
Right to Cancel a purchase within 14 days of receiving it:
http://www.konsumentverket.se/otherlanguages/English/Consumer-rights/Right-to-cancel-a-purchase-Right-of-withdrawal/
Defective Goods:
http://www.konsumentverket.se/otherlanguages/English/Consumer-rights/Defective-goodsComplaint-/
Code:
To Whom it May Concern,
I purchased a computer product named "Titan" from Kennemar & Cole AB (https://www.kncminer.com) aka KnCMiner.
KnC 20nm Sweden AB
Birger Jarlsgatan 33, 5tr
111 45 Stockholm, Sweden
Org number: 556949-2928
The "Titan" product they have shipped to consumers is not functional and poses an extreme fire hazard.
I will now explain why the product is a fire hazard and that the company knows it is a fire hazard and has sold and shipped it to consumers anyhow.
The product is called a "Titan" and it's a specialized computing device. It receives power from a standard ATX computer power supply such as those sold at any computer store around the world. The Titan has uses a single "PCI-e" type power connector. The industry rating of these types of connectors is for a maximum of 75 watts. The problem occurs when the Titan is turned on and begins working. Each unit of the Titan uses 245 watts of electricity. This causes the connector (where it is attached to the Titan unit) to melt and when completely melted, the power supply pins touch each other and a short circuit is created with the potential to cause a fire.
245 watts is way more power than can be safely used with a 75 watt connector.
These devices are not certified by any authority nor do they comply to any standards. They do not have any UL certifications of any kind.
I purchased this product expecting it to be safe to use and to conform to the national electrical standards and rules of Sweden. It does not do so whatsoever and is a danger to all consumers.
The company 'KnC' aka "KnCMiner", "Kennemar & Cole AB", has produced similar products in the past that have also caused fires and melted due to their high power consumption, lack of safety features, and non UL listed specifications, parts, and build quality. They could have revised the product to use two or three connectors and it would have worked safely.
Aside from the safety issues, the product is also defective and does not perform the functions it was advertised to perform.
I can supply more information about the product.
I'm attaching a picture of the melted power connector cause by this device. Luckily I smelled burning plastic and was able to turn off the device before and more damage was caused.
I have been in contact with dozens of other consumers who also purchased this product 'Titan' and have also experienced melting connectors, burning wires, non-functioning devices. KnC is refusing to honor any refunds.
I would like to return the product for a refund.
Below you will find my original sales receipt. The product was in production for many months and was finally delivered to me three days ago, on 10/02/2014.
Regards,
I purchased a computer product named "Titan" from Kennemar & Cole AB (https://www.kncminer.com) aka KnCMiner.
KnC 20nm Sweden AB
Birger Jarlsgatan 33, 5tr
111 45 Stockholm, Sweden
Org number: 556949-2928
The "Titan" product they have shipped to consumers is not functional and poses an extreme fire hazard.
I will now explain why the product is a fire hazard and that the company knows it is a fire hazard and has sold and shipped it to consumers anyhow.
The product is called a "Titan" and it's a specialized computing device. It receives power from a standard ATX computer power supply such as those sold at any computer store around the world. The Titan has uses a single "PCI-e" type power connector. The industry rating of these types of connectors is for a maximum of 75 watts. The problem occurs when the Titan is turned on and begins working. Each unit of the Titan uses 245 watts of electricity. This causes the connector (where it is attached to the Titan unit) to melt and when completely melted, the power supply pins touch each other and a short circuit is created with the potential to cause a fire.
245 watts is way more power than can be safely used with a 75 watt connector.
These devices are not certified by any authority nor do they comply to any standards. They do not have any UL certifications of any kind.
I purchased this product expecting it to be safe to use and to conform to the national electrical standards and rules of Sweden. It does not do so whatsoever and is a danger to all consumers.
The company 'KnC' aka "KnCMiner", "Kennemar & Cole AB", has produced similar products in the past that have also caused fires and melted due to their high power consumption, lack of safety features, and non UL listed specifications, parts, and build quality. They could have revised the product to use two or three connectors and it would have worked safely.
Aside from the safety issues, the product is also defective and does not perform the functions it was advertised to perform.
I can supply more information about the product.
I'm attaching a picture of the melted power connector cause by this device. Luckily I smelled burning plastic and was able to turn off the device before and more damage was caused.
I have been in contact with dozens of other consumers who also purchased this product 'Titan' and have also experienced melting connectors, burning wires, non-functioning devices. KnC is refusing to honor any refunds.
I would like to return the product for a refund.
Below you will find my original sales receipt. The product was in production for many months and was finally delivered to me three days ago, on 10/02/2014.
Regards,
Why oh why do people believe that Swedish companies are allowed to sell dangerous products to American citizens without having to answer to laws in the US. That is very funny.
Any import of dangerous products into the US are stopped by customs at point of entry into the country, not by restricting what can be brought on the internet.
There is no US law saying what electrical products can be sold on the Internet by countries outside the US.
The only control on purchases from foreign countries are the import restrictions enforced by customs. These hopefully include restrictions against importing dangerous items.
I doubt it is possible to effectively take a class action in California against a Swedish company unless the defendants has a legal presence in California or the US.
I would have thought KNC would only worry about actions brought under Swedish law.
Why oh why do people believe that Swedish companies are allowed to sell dangerous products to American citizens without having to answer to laws in the US. That is very funny.
The problem with a class action has nothing to do with KNC being a European company.
The issue is that KNC have no US office or presence in the US. Normally class actions are against the US operation of the European company or a distributor. In the case of KNC there is no US branch or office or distributor.
so any way to get refund for not sent titans or not really?
titan is shipping very slowwwwwwwwwwwwwwwwwwwwwwwwwwww
They are giving themselves time to mine. Every day counts actually all they have to do is ship the Titans in 2 weeks say..except for some very early Titan's most only have 90
day warranty...so 100 days goes by...and if the firmware don't work or rma stuff is a joke they can simply walk
i also think this is the same for 3rd batch neptunes..(and prob the free neptunes) no refunds and 90 day warrenty
ie they have no reason to be honorable they are just running out the clock
on a side note KNC has made by some estimates 200 million usd in last year....they will simply run this out in court
for years to keep their name clean for the arctic cloud investment scam
but hey better then nothing I'll do all this stuff....better the lawyers getting 3/4 of the settlement then KNC keeping any imho
but as for us getting any $$$ I would not hold your breath
Potential Class Action Lawsuit Against KnCMiner
http://cryptomining-blog.com/3594-potential-class-action-lawsuit-against-kncminer/
http://cryptomining-blog.com/3594-potential-class-action-lawsuit-against-kncminer/
Check your Home Insurance policy. If you have LEI (Legal Expenses Insurance) you may be covered for this.
Quote
Home insurance LEI typically covers legal proceedings relating to the insured’s home, employment, death or personal injury, as well as cases where you have entered into a contract for the sale and supply of goods and services.
Definitely worth a shot.
Potential Class Action Lawsuit Against KnCMiner
http://cryptomining-blog.com/3594-potential-class-action-lawsuit-against-kncminer/
http://cryptomining-blog.com/3594-potential-class-action-lawsuit-against-kncminer/
I doubt it is possible to effectively take a class action in California against a Swedish company unless the defendants has a legal presence in California or the US.
I would have thought KNC would only worry about actions brought under Swedish law.
Why oh why do people believe that Swedish companies are allowed to sell dangerous products to American citizens without having to answer to laws in the US. That is very funny.
Quote
More information is needed on whether this is just a publicity stunt.
It is actually old news ... read back in the thread ... traction will hopefully gain.
http://coinfire.cf/2014/10/13/knc-class-action-investigation-underway/
Im not sure if this has been posted yet...
Im not sure if this has been posted yet...
I doubt it is possible to effectively take a class action in California against a Swedish company unless the defendants has a legal presence in California or the US.
I would have thought KNC would only worry about actions brought under Swedish law.
More information is needed on whether this is just a publicity stunt.
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