Author

Topic: Swedish ASIC miner company kncminer.com - page 309. (Read 3049515 times)

legendary
Activity: 938
Merit: 1000
LIR DEV

You are easily fooled... he said he refunded at 1150...    Which is total bullshit.  That's opening day for Neppie pre-order.

Perhaps, but perhaps you don't follow what he did. Simply stated, he claims that he paid 11BTC, got back $13k, and then bought 21BTC with that $13k.

In the stock market this would be analogous to a put option. He "sold" some BTC at $1150 and bought it back at a lower price.
He specifically says "Thank you KNC for giving me the option to refund at around $1150 BTC price"
So explain how that "Jives".

hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
I just noticed your sig:

Quote
My BTC mining address : 1NoRoihSKUCsXy1XKuy5KaFhqZsad1ETUn

You've accepted you've been screwed. Therefore, why all the fuss?

You do realise if you mine 5BTC with a Neptune and the price of BTC skyrockets to $2000/coin, all that means to you is you make back what you spent.

The guys with sense and good timing got back 22BTC for Neptune refunds. And if the price of BTC skyrockets to $2000/coin, they will have pocketed a cool $44,000. With no hassles, no electricity costs, no RMA's etc.

Argue away, but you do know you were screwed by KNC. I don't see why you are defending them. Unless it's Stockholm Syndrome Wink

i got 21 BTC in fiat back from my originally bought Neptune with ~11 BTC. Thank you KNC for giving me the option to refund at around $1150 BTC price. Zero reason for me to hold on to my Neptune order in February when i can just get twice the amount of BTC without the risk of ASIC preorder blues.
Bought 20 BTC when it was ~$40
preordered a Neptune with ~11 BTC
refunded and used the fiat to buy ~21 BTC
zero heartache now about KNC screwing me over.

Funny thing about refunds, they only help the company with confidence of its consumers if they actually stick to their promises and production schedule.

I can guarantee you im not the only one that was keen enough to understand that if you used BTC to order a neptune at the high of the price then you basically locked in selling BTC at that price if you refunded.

Im not surprised they eventually are flipping over their refund policy. They are probably bleeding BTC for fiat like crazy now that it costs twice as much BTC to get fiat refunds into peoples hands.
*UUuuuuhhhh.....
Go back and re-sharpen that pencil....    I find this hard to believe...   You refunded on the opening day of Neptune preorder and made coin?
The price never went that high at any time during the Neptune pre-order "refund era",
Neptunes went up for preorder on December 2nd, and the price was indeed "peaking" around the 1150 price you quote...
It then went down from that day, and NEVER returned....   so  how could you have possibly refunded at 1150 and still make coin?
Impossible.  You would have had to have refunded at a LOWER price to make coin on that deal.
It's obvious you came here to join the trolling bandwagon with a fistfull of Bullshit.
If you're gonna make shit up, at least get the numbers right.



There is nothing wrong with that math. If you bought a Neptune with 11 BTC worth $13K USD and you get a refund of $13K USD, then buy 21BTC, then you just earned 10BTC.

You are easily fooled... he said he refunded at 1150...    Which is total bullshit.  That's opening day for Neppie pre-order.
...and that price lasted MOMENTS on Neppie preorder opening day...   there's no way KNC refunded so quickly either. Every refund took WEEKS to MONTHS!
Obvious lies.
NOBODY refunded at 1150, That's quite Impossible.

Seriously buddy, go take a reading comprehension course! It's very obvious that you have a serious deficiency in this area.

He ordered when BTC was $1150 and refunded when BTC was nearly half of the original value, hence his profit in BTC.
member
Activity: 67
Merit: 10

You are easily fooled... he said he refunded at 1150...    Which is total bullshit.  That's opening day for Neppie pre-order.

Perhaps, but perhaps you don't follow what he did. Simply stated, he claims that he paid 11BTC, got back $13k, and then bought 21BTC with that $13k.

In the stock market this would be analogous to a put option. He "sold" some BTC at $1150 and bought it back at a lower price.
member
Activity: 67
Merit: 10
Hi. I am using three 850W PSU (1x corsair RM850 and 2x CoolerMaster V850) to power the neppy. I noticed that the temperature varies on the PCI-E cables: on the CM v850, from PSU side to the Neppy, the temperature decreases along the PCI-E cable: i.e. at the connector to the PSU, it is really hot! in the middle it is warm; and at the neppy side connector it feels normal.



I read some previous posts that someone has the connector or PCI-E cable melted. I am afraid my cable may have the same problems. Why the PCI-E cable is so hot (especially at the PSU connector side)? What should I do to prevent it from melting?

While the two CoolerMaster PSU's pci-e cable is hot, the cable on Corsair RM850 is not warm at all. Why Corsair's cable is much colder than CM's?

Thank you for your attention!


I've had more than one melt on me with the Jupiters. The wires on your CoolerMastet are probably 18AWG, and the ones on Corsair are 16AWG which has a higher capacity to carry current.

You're going to want to use a fan to keep the wire and connector cool in the short term. In the long term I'd recommend building or buying a wire harness that will lower your risk of a fire.
legendary
Activity: 938
Merit: 1000
LIR DEV
I just noticed your sig:

Quote
My BTC mining address : 1NoRoihSKUCsXy1XKuy5KaFhqZsad1ETUn

You've accepted you've been screwed. Therefore, why all the fuss?

You do realise if you mine 5BTC with a Neptune and the price of BTC skyrockets to $2000/coin, all that means to you is you make back what you spent.

The guys with sense and good timing got back 22BTC for Neptune refunds. And if the price of BTC skyrockets to $2000/coin, they will have pocketed a cool $44,000. With no hassles, no electricity costs, no RMA's etc.

Argue away, but you do know you were screwed by KNC. I don't see why you are defending them. Unless it's Stockholm Syndrome Wink

i got 21 BTC in fiat back from my originally bought Neptune with ~11 BTC. Thank you KNC for giving me the option to refund at around $1150 BTC price. Zero reason for me to hold on to my Neptune order in February when i can just get twice the amount of BTC without the risk of ASIC preorder blues.
Bought 20 BTC when it was ~$40
preordered a Neptune with ~11 BTC
refunded and used the fiat to buy ~21 BTC
zero heartache now about KNC screwing me over.

Funny thing about refunds, they only help the company with confidence of its consumers if they actually stick to their promises and production schedule.

I can guarantee you im not the only one that was keen enough to understand that if you used BTC to order a neptune at the high of the price then you basically locked in selling BTC at that price if you refunded.

Im not surprised they eventually are flipping over their refund policy. They are probably bleeding BTC for fiat like crazy now that it costs twice as much BTC to get fiat refunds into peoples hands.
*UUuuuuhhhh.....
Go back and re-sharpen that pencil....    I find this hard to believe...   You refunded on the opening day of Neptune preorder and made coin?
The price never went that high at any time during the Neptune pre-order "refund era",
Neptunes went up for preorder on December 2nd, and the price was indeed "peaking" around the 1150 price you quote...
It then went down from that day, and NEVER returned....   so  how could you have possibly refunded at 1150 and still make coin?
Impossible.  You would have had to have refunded at a LOWER price to make coin on that deal.
It's obvious you came here to join the trolling bandwagon with a fistfull of Bullshit.
If you're gonna make shit up, at least get the numbers right.



There is nothing wrong with that math. If you bought a Neptune with 11 BTC worth $13K USD and you get a refund of $13K USD, then buy 21BTC, then you just earned 10BTC.

You are easily fooled... he said he refunded at 1150...    Which is total bullshit.  That's opening day for Neppie CA batch pre-order.
...and that price lasted MOMENTS on Neppie preorder opening day...   there's no way KNC refunded so quickly either. Every refund took WEEKS to MONTHS!
Obvious lies.
NOBODY refunded at 1150, That's quite Impossible, and would have yielded  8.69 BTC if it were, because Dec 10th,(CA Batch) the price was 10k / 1150 = 8.69
Refunding at a LOWER price than you bought results in a BTC gain, so if he refunded at 1150, any BTC gain is IMPOSSIBLE ..  and who the hell would refund the same day they ordered?
and if he bought a Neppie with 11 coin, the price would have been around 909/BTC, not 1150.
See now?
There are so many holes in that post I hardly know where to stop.
Some, or many of us DID make such a move, and made coin in the process, but refunded at a MUCH lower price, which is how one makes coin on a deal like that.
member
Activity: 67
Merit: 10
I just noticed your sig:

Quote
My BTC mining address : 1NoRoihSKUCsXy1XKuy5KaFhqZsad1ETUn

You've accepted you've been screwed. Therefore, why all the fuss?

You do realise if you mine 5BTC with a Neptune and the price of BTC skyrockets to $2000/coin, all that means to you is you make back what you spent.

The guys with sense and good timing got back 22BTC for Neptune refunds. And if the price of BTC skyrockets to $2000/coin, they will have pocketed a cool $44,000. With no hassles, no electricity costs, no RMA's etc.

Argue away, but you do know you were screwed by KNC. I don't see why you are defending them. Unless it's Stockholm Syndrome Wink

i got 21 BTC in fiat back from my originally bought Neptune with ~11 BTC. Thank you KNC for giving me the option to refund at around $1150 BTC price. Zero reason for me to hold on to my Neptune order in February when i can just get twice the amount of BTC without the risk of ASIC preorder blues.
Bought 20 BTC when it was ~$40
preordered a Neptune with ~11 BTC
refunded and used the fiat to buy ~21 BTC
zero heartache now about KNC screwing me over.

Funny thing about refunds, they only help the company with confidence of its consumers if they actually stick to their promises and production schedule.

I can guarantee you im not the only one that was keen enough to understand that if you used BTC to order a neptune at the high of the price then you basically locked in selling BTC at that price if you refunded.

Im not surprised they eventually are flipping over their refund policy. They are probably bleeding BTC for fiat like crazy now that it costs twice as much BTC to get fiat refunds into peoples hands.
*UUuuuuhhhh.....
Go back and re-sharpen that pencil....    I find this hard to believe...   You refunded on the opening day of Neptune preorder and made coin?
The price never went that high at any time during the Neptune pre-order "refund era",
Neptunes went up for preorder on December 2nd, and the price was indeed "peaking" around the 1150 price you quote...
It then went down from that day, and NEVER returned....   so  how could you have possibly refunded at 1150 and still make coin?
Impossible.  You would have had to have refunded at a LOWER price to make coin on that deal.
It's obvious you came here to join the trolling bandwagon with a fistfull of Bullshit.
If you're gonna make shit up, at least get the numbers right.



There is nothing wrong with that math. If you bought a Neptune with 11 BTC worth $13K USD and you get a refund of $13K USD, then buy 21BTC, then you just earned 10BTC.
member
Activity: 63
Merit: 10
legendary
Activity: 938
Merit: 1000
LIR DEV
I just noticed your sig:

Quote
My BTC mining address : 1NoRoihSKUCsXy1XKuy5KaFhqZsad1ETUn

You've accepted you've been screwed. Therefore, why all the fuss?

You do realise if you mine 5BTC with a Neptune and the price of BTC skyrockets to $2000/coin, all that means to you is you make back what you spent.

The guys with sense and good timing got back 22BTC for Neptune refunds. And if the price of BTC skyrockets to $2000/coin, they will have pocketed a cool $44,000. With no hassles, no electricity costs, no RMA's etc.

Argue away, but you do know you were screwed by KNC. I don't see why you are defending them. Unless it's Stockholm Syndrome Wink

i got 21 BTC in fiat back from my originally bought Neptune with ~11 BTC. Thank you KNC for giving me the option to refund at around $1150 BTC price. Zero reason for me to hold on to my Neptune order in February when i can just get twice the amount of BTC without the risk of ASIC preorder blues.
Bought 20 BTC when it was ~$40
preordered a Neptune with ~11 BTC
refunded and used the fiat to buy ~21 BTC
zero heartache now about KNC screwing me over.

Funny thing about refunds, they only help the company with confidence of its consumers if they actually stick to their promises and production schedule.

I can guarantee you im not the only one that was keen enough to understand that if you used BTC to order a neptune at the high of the price then you basically locked in selling BTC at that price if you refunded.

Im not surprised they eventually are flipping over their refund policy. They are probably bleeding BTC for fiat like crazy now that it costs twice as much BTC to get fiat refunds into peoples hands.
*UUuuuuhhhh.....
Go back and re-sharpen that pencil....    I find this hard to believe...   You refunded on the opening day of Neptune preorder and made coin?
The price never went that high at any time during the Neptune pre-order "refund era",
Neptunes went up for preorder on December 2nd, and the price was indeed "peaking" around the 1150 price you quote...
It then went down from that day(was actually that price for only a brief moment that day), and it NEVER returned....   so  how could you have possibly refunded at 1150 and still make coin?  Impossible.  You would have had to have refunded at a LOWER price to make coin on that deal.
It's obvious you came here to join the trolling bandwagon with a fistfull of Bullshit.
If you're gonna make shit up, at least get the numbers right.

legendary
Activity: 938
Merit: 1000
LIR DEV
NEWS FLASH

It's the 8th day into Q3 and my order still says "paid".

Payment cleared December 8th; I checked with my bank so that's seven full months.

Come on KnC, it's time to give me my money back!

u27


Is the reason they are not shipping any more products due to the lack of usable chips? They alluded to this in a past newsletter. If their first run produces few usable chips how long would it reasonably take for them to run another batch?

Global hashrate jumps 30PH in the same week KNC receives their new chips.  You guys wonder where your hardware is.

/boggle


...and dove straight back down when they shipped.
sr. member
Activity: 476
Merit: 250
Hi. I am using three 850W PSU (1x corsair RM850 and 2x CoolerMaster V850) to power the neppy. I noticed that the temperature varies on the PCI-E cables: on the CM v850, from PSU side to the Neppy, the temperature decreases along the PCI-E cable: i.e. at the connector to the PSU, it is really hot! in the middle it is warm; and at the neppy side connector it feels normal.



I read some previous posts that someone has the connector or PCI-E cable melted. I am afraid my cable may have the same problems. Why the PCI-E cable is so hot (especially at the PSU connector side)? What should I do to prevent it from melting?

While the two CoolerMaster PSU's pci-e cable is hot, the cable on Corsair RM850 is not warm at all. Why Corsair's cable is much colder than CM's?

Thank you for your attention!
legendary
Activity: 994
Merit: 1000
NEWS FLASH

It's the 8th day into Q3 and my order still says "paid".

Payment cleared December 8th; I checked with my bank so that's seven full months.

Come on KnC, it's time to give me my money back!

u27


Is the reason they are not shipping any more products due to the lack of usable chips? They alluded to this in a past newsletter. If their first run produces few usable chips how long would it reasonably take for them to run another batch?

Global hashrate jumps 30PH in the same week KNC receives their new chips.  You guys wonder where your hardware is.

/boggle
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
NEWS FLASH

It's the 8th day into Q3 and my order still says "paid".

Payment cleared December 8th; I checked with my bank so that's seven full months.

Come on KnC, it's time to give me my money back!

u27


Is the reason they are not shipping any more products due to the lack of usable chips? They alluded to this in a past newsletter. If their first run produces few usable chips how long would it reasonably take for them to run another batch?
sr. member
Activity: 910
Merit: 253
I just noticed your sig:

Quote
My BTC mining address : 1NoRoihSKUCsXy1XKuy5KaFhqZsad1ETUn

You've accepted you've been screwed. Therefore, why all the fuss?

You do realise if you mine 5BTC with a Neptune and the price of BTC skyrockets to $2000/coin, all that means to you is you make back what you spent.

The guys with sense and good timing got back 22BTC for Neptune refunds. And if the price of BTC skyrockets to $2000/coin, they will have pocketed a cool $44,000. With no hassles, no electricity costs, no RMA's etc.

Argue away, but you do know you were screwed by KNC. I don't see why you are defending them. Unless it's Stockholm Syndrome Wink

i got 21 BTC in fiat back from my originally bought Neptune with ~11 BTC. Thank you KNC for giving me the option to refund at around $1150 BTC price. Zero reason for me to hold on to my Neptune order in February when i can just get twice the amount of BTC without the risk of ASIC preorder blues.
Bought 20 BTC when it was ~$40
preordered a Neptune with ~11 BTC
refunded and used the fiat to buy ~21 BTC
zero heartache now about KNC screwing me over.

Funny thing about refunds, they only help the company with confidence of its consumers if they actually stick to their promises and production schedule.

I can guarantee you im not the only one that was keen enough to understand that if you used BTC to order a neptune at the high of the price then you basically locked in selling BTC at that price if you refunded.

Im not surprised they eventually are flipping over their refund policy. They are probably bleeding BTC for fiat like crazy now that it costs twice as much BTC to get fiat refunds into peoples hands.
sr. member
Activity: 266
Merit: 250
NEWS FLASH

It's the 8th day into Q3 and my order still says "paid".

Payment cleared December 8th; I checked with my bank so that's seven full months.

Come on KnC, it's time to give me my money back!

u27
legendary
Activity: 938
Merit: 1000
LIR DEV
BREAKING TITANIC NEWS
by Mr. A. Venger


Actually, just an interesting article for "no refunds" Titanic customers. Cheerful reading 2-6 months b4 it ships  Cheesy

http://www.coindesk.com/litecoin-price-decouples-bitcoin-slump-continues/
ROI in trouble?

The biggest problem is the sheer lack of money in litecoin and that other popular alternative cryptocurrency dogecoin.

The combined market cap of the two most popular scrypt altcoins is about $250m, yet KnCMiner was hoping to sell 2,500 Titan miners at $10,000 apiece – and that’s just the first batch of such miners, from a single company.

In other words, if it shipped today, a single batch of KnC’s scrypt miners would cost $25m – roughly 10% of the combined market cap of litecoin and dogecoin.

A glance at those figures reveals that this level of investment in scrypt mining hardware will be hard to justify and maintain in the long run.

Additionally, the added hashing power these miners will bring is likely to further impact prices of scrypt-based altcoins in the near future.

"Breaking News"

Scriptminers are not stuck with Litecoin and Dogecoin.
All mining is speculation, not guaranteed income, and everyone knows that; evidently, except you.
There are also well over 300 scrypt-coin to choose from now, with plenty of room for speculation, especially if "coin-hopping",
and many folks are STILL turning a profit with GPU's.
"Market caps" only reflect the total fiat value of a coin at current prices, and have little bearing on what you can make in the long-run.

Why is this even posted here? This should be in the "Mining Speculation" thread.
hero member
Activity: 798
Merit: 1000
BREAKING TITANIC NEWS
by Mr. A. Venger


Actually, just an interesting article for "no refunds" Titanic customers. Cheerful reading 2-6 months b4 it ships  Cheesy

http://www.coindesk.com/litecoin-price-decouples-bitcoin-slump-continues/
ROI in trouble?

The biggest problem is the sheer lack of money in litecoin and that other popular alternative cryptocurrency dogecoin.

The combined market cap of the two most popular scrypt altcoins is about $250m, yet KnCMiner was hoping to sell 2,500 Titan miners at $10,000 apiece – and that’s just the first batch of such miners, from a single company.

In other words, if it shipped today, a single batch of KnC’s scrypt miners would cost $25m – roughly 10% of the combined market cap of litecoin and dogecoin.

A glance at those figures reveals that this level of investment in scrypt mining hardware will be hard to justify and maintain in the long run.

Additionally, the added hashing power these miners will bring is likely to further impact prices of scrypt-based altcoins in the near future.
hero member
Activity: 575
Merit: 500
Isn't it funny how most western hardware manufacturers have gone with large monolithic chip designs that run into all these heat/power density problems, bigger is always better right?
sr. member
Activity: 266
Merit: 250
PCB is 160mm x 135mm
Holes >= 3mm
145mm x 120mm (145 is guess by also subrtacting 15 from 160 as they look uniform in pics.
75mm square pattern for ASIC cooler
(3mm heatsink holes can be an issue with common mounting hardware I drilled my PCBs)
(same as Intel LGA 1155/1156 garden variety heatsinks)

height from ASIC side of PCB
Tallest is cap near power input <25mm
Next is top of ribbon connector at 15mm
Next is power connector ~12mm from PCB to top of locking tab add for operation of tab on PCIe cable.
Next is top of VRMs 7ish mm
ASIC is approx 3mm

YMMV
Smiley


Perfect, thanks. Always nice to have dreams of 10x Neptune boards in Novec 7100 for a nice compact 4kW electric water heater.

I have a 225mm diameter thick walled glass jar that would be ideal for purpose. Sounds like five would fit with 30mm gap between no problem but then for ten it would require those capacitors to be removed and re-soldered laying on their sides (plus a crap load of cooling).

u27
sr. member
Activity: 386
Merit: 250
What's your hashrate @ 500mhz?
Between 3.4 and 3.5, 3.43 or better average after a few hours.
Pool agreed.
2 day test.

Currently with 7 die @ 475 and 13 @ 500
also temporarily uncomfortable VRMs

Code:
root@Neptune:~# api-cgminer devs
Reply was 'STATUS=S,When=1404804335,Code=9,Msg=1 ASC(s),Description=cgminer 4.4.0|ASC=0,Name=KnC,ID=0,Enabled=Y,Status=Alive,Temperature=0.00,MHS av=3343596.88,MHS 5s=2950824.26,MHS 1m=3186486.18,MHS 5m=3378076.26,MHS 15m=3402713.62,Accepted=23880,Rejected=22,Hardware Errors=38523,Utility=22.73,Last Share Pool=0,Last Share Time=1404804327,Total MH=210803810704.0000,Diff1 Work=49082043,Difficulty Accepted=48544768.00000000,Difficulty Rejected=45056.00000000,Last Share Difficulty=2048.00000000,Last Valid Work=1404804335,Device Hardware%=0.0784,Device Rejected%=0.0918,Device Elapsed=63047|'
[STATUS] =>
(
   [STATUS] => S
   [When] => 1404804335
   [C###ode] => 9
   [Msg] => 1 ASC(s)
   [Description] => cgminer 4.4.0
)
[ASC0] =>
(
   [ASC] => 0
   [Name] => KnC
   [ID] => 0
   [Enabled] => Y
   [Status] => Alive
   [Temperature] => 0.00
   [MHS av] => 3343596.88
   [MHS 5s] => 2950824.26
   [MHS 1m] => 3186486.18
   [MHS 5m] => 3378076.26
   [MHS 15m] => 3402713.62
   [Accepted] => 23880
   [Rejected] => 22
   [Hardware Errors] => 38523
   [Utility] => 22.73
   [Last Share Pool] => 0
   [Last Share Time] => 1404804327
   [Total MH] => 210803810704.0000
   [Diff1 Work] => 49082043
   [Difficulty Accepted] => 48544768.00000000
   [Difficulty Rejected] => 45056.00000000
   [Last Share Difficulty] => 2048.00000000
   [Last Valid Work] => 1404804335
   [Device Hardware%] => 0.0784
   [Device Rejected%] => 0.0918
   [Device Elapsed] => 63047
)
root@Neptune:~#

After 17 hours the avg still climbs slowly.

YMMV
Smiley
legendary
Activity: 2912
Merit: 1060
KNC sont une fraude
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