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Topic: Swedish ASIC miner company kncminer.com - page 459. (Read 3050075 times)

legendary
Activity: 938
Merit: 1000
LIR DEV
I just received my replacements, Im not impressed, original box was ripped open, they didnt send me any extra paste.  On the bright side, box wasnt filled with pieces...will let know how many work/dont.
cool... whew!  good luck man!

if there's any truth to a recent reply posed, the pcb problems may indeed be manufacture related... keep a cold heat pen handy.
hero member
Activity: 910
Merit: 1004
buy silver!
I just received my replacements, Im not impressed, original box was ripped open, they didnt send me any extra paste.  On the bright side, box wasnt filled with pieces...will let know how many work/dont.
hero member
Activity: 728
Merit: 500
Never a dull moment. Guess I will be watching BTC-E today ...
legendary
Activity: 938
Merit: 1000
LIR DEV
KNC now has ties with the Bitcoin Foundation Board of Directors.
http://www.coindesk.com/bobby-lee-brock-pierce-join-bitcoin-foundations-board-directors/

yuk that's messy i hope they clean up the hotel rooms after their 'parties'


Welcome to the League of Extraordinary Gentlemen!

From the ones they replace, one is in jail and the other will end there soon. Great perspective for bitcoin.

Yep, others feel the same way
https://bitcoinfoundation.org/forum/index.php?/topic/951-post-your-bitcoin-foundation-resignations-here/

http://www.coindesk.com/bitcoin-foundation-members-resign-following-controversial-appointment/
OMG... Epic.  They say the Foundation actually "Voted" him in?
Who voted for Brock?    if.....
Now at least ten of the 150 lifetime members threaten to leave? Wow! The election was obviously fixed. This is really, really bad.

I just hope it doesn't mess with Bobby Lee... The guy deserves it and we need people like him. imho

We need Bankers, lawyers, exchanges, and other individuals with clout on the "Board",
not controversial hollywood pedophile cases. I don't blame them a bit... I wouldn't want to be a member "Associated" with them either.

Anna working customer service @ KNC any issues?  ....  I don't know much about her association with Brock.

I'll be surprised if this doesn't trigger a BTC price drop. They will make a movie about all this someday...
legendary
Activity: 938
Merit: 1000
LIR DEV
This morning I have a good telephone conversation with KNC.
I can send back all the broken cards on their costs. Received a UPS label.

KNC confirmed the replacement cards are new and tested.
So I hope this nightmare comes to an end.

Keep you guys informed.


New, and tested, eh.....   so the thermal paste is from the testing, and the cards are actually new, so there was indeed a manufacture problem confirmed?  Did they say anything else besides "new"?
sr. member
Activity: 476
Merit: 250
let's have some fun
KNC now has ties with the Bitcoin Foundation Board of Directors.
http://www.coindesk.com/bobby-lee-brock-pierce-join-bitcoin-foundations-board-directors/

yuk that's messy i hope they clean up the hotel rooms after their 'parties'


Welcome to the League of Extraordinary Gentlemen!

From the ones they replace, one is in jail and the other will end there soon. Great perspective for bitcoin.

Yep, others feel the same way
https://bitcoinfoundation.org/forum/index.php?/topic/951-post-your-bitcoin-foundation-resignations-here/
legendary
Activity: 1036
Merit: 1000
Nighty Night Don't Let The Trolls Bite Nom Nom Nom
have they gone insane? I hope to hell they don't ship out hosted miners like that, with the NEW upgrade boards they are putting in and yes Anna said NEW boards on the phone to me.
hero member
Activity: 539
Merit: 517
How can they come up with a so bad design for the FrankenJupiter !
Look at their video : https://www.dropbox.com/s/wq0fl657n3i818u/20140430_200829.mp4
Did they seriously think it would arrive in one piece ?! The box itself is thin and the coolers aren't attached to anything.
legendary
Activity: 3234
Merit: 1221
Please let me know if you initialize a lawsuit, I am joining
freakingcat, are you the one who received the 1st BROKENJUP from KNC?? and the same who visited zeusminer?? are they legit unlike our thread hosts.

Yes I am the same who got the damaged KnC miners and had them tested with a technician who told me that they are dangerous to run as they run too hot. Just posted some screenshots of yesterday's second testing round on the KnC Forum.

I usually buy all the miners which are out there and as I live in Hong Kong which is close to Shenzhen I went to meet Zeus. I can guarantee you that Zeus is genuine and that they are producing high quality miners which they will ship out already on the 20th. I have invested a lot of money with them and no worries as Terry is very transparent, friendly, knowledgable. I have seen the first prototypes hashing. Can't wait to get my miners!

Zeus is scrypt mining isn't it?
full member
Activity: 210
Merit: 100
Does Zeus have a website?
full member
Activity: 121
Merit: 100
Please let me know if you initialize a lawsuit, I am joining
freakingcat, are you the one who received the 1st BROKENJUP from KNC?? and the same who visited zeusminer?? are they legit unlike our thread hosts.

Yes I am the same who got the damaged KnC miners and had them tested with a technician who told me that they are dangerous to run as they run too hot. Just posted some screenshots of yesterday's second testing round on the KnC Forum.

I usually buy all the miners which are out there and as I live in Hong Kong which is close to Shenzhen I went to meet Zeus. I can guarantee you that Zeus is genuine and that they are producing high quality miners which they will ship out already on the 20th. I have invested a lot of money with them and no worries as Terry is very transparent, friendly, knowledgable. I have seen the first prototypes hashing. Can't wait to get my miners!
full member
Activity: 210
Merit: 100
This morning I have a good telephone conversation with KNC.
I can send back all the broken cards on their costs. Received a UPS label.

KNC confirmed the replacement cards are new and tested.
So I hope this nightmare comes to an end.

Keep you guys informed.

sr. member
Activity: 336
Merit: 250
Please let me know if you initialize a lawsuit, I am joining
freakingcat, are you the one who received the 1st BROKENJUP from KNC?? and the same who visited zeusminer?? are they legit unlike our thread hosts.
full member
Activity: 238
Merit: 100
Bitcoin For All
I tried to find my Neptune posts so I could copy them -- and gloat. But gloating seems in really poor taste because of all the problems...

Anyway when Neptune was announced I provided some cautions -- including that I had some Xilinx 20NM based product on order -- and it was already late -- it should have been delivered in Oct/Nov 2013. I should see a shipping notice this week -- I guess.

As someone who worked all his life at the bleeding edge of technology I could not see this (Neptune) product could be delivered on time. I had hoped they would make additional Jupiters available in December/January -- as they likely (but not certainly) would have made a positive ROI.

My calculations showed that delivery later than mid-March 2014 made a positive payout seem unlikely.

Then I saw the notice about their northern mining factory....

Then came the 3THash mining contracts offer...

The came the "be patient" -- we'll deliver a "two-for-one" offer!


Anyway -- I guess this cost me since the rise in difficulty means we will get about 10 BTC less than estimated from our Jupiter (nee Saturn)...

It looks like bait and switch to me -- go get them!

Not happy in Canuckistan!

Risk is one thing -- chance is another -- don't want to use the nasty "F-Word" but when you promise one thing and don't deliver -- or deliver something else or devalued goods -- what can you call it? Just a wee mistake?


full member
Activity: 121
Merit: 100
Please let me know if you initialize a lawsuit, I am joining
legendary
Activity: 1904
Merit: 1007
If KNC made enough money for Boden from original orders (Saturns and Jupiters) why in the world would they need to finance the development of the Neptunes and Titans with preorders?

You got it wrong. They built the Boden facility with customers Neptune preorders. Titan preorders were just a bonus. Now with their big ass DC they don't care about their customers. They are the pure example of simple nerds turning into greedy sons of bitches. And now I understand why nerds deserve bullying. Because KnC!
staff
Activity: 4326
Merit: 8951
If KNC made enough money for Boden from original orders (Saturns and Jupiters) why in the world would they need to finance the development of the Neptunes and Titans with preorders?
An uncharitable interpretation would be so they could be "delayed" and leave customers in a lurch where they would feel grateful to accept apparently used hardware, allowing KNC to cycle out their inventory so that their own facility can run on the latest gear.  But what do you expect from a company who flagrantly violated their self-mining promises pretty much as rapidly as they good, using their customers payments to go into competition with them and making their own products into an assured bitcoin for bitcoin loss?
hero member
Activity: 910
Merit: 1004
buy silver!
So what happened to that old argument... "ROI is only when you earn your original BTC investment back"? I paid just over 10 BTC not $10,000.

I have 18 working boards from the first batch that hash at ~2.5THs. I also bought 2 extra controllers (PSUs and heatsinks for another ~$2000 invested) so I can run another 12 boards from the second shipment. I'm just waiting for some IDC ribbon cables to be delivered. Hopefully I can cherry-pick enough boards to get another ~2THs.

I haven't done the math but I should be able to get close to a positive ROI at some point in the future. The biggest downside to ROI is the resale value of these fragile hunks of crap. Unless it's a local delivery, I don't see much chance of ever being able to resell them.

What happened to the equally old argument of taking the BTC refund and getting 2X your initial investment right now?  Wink   

Lol, point taken! But a refund was not an option for me at the time as they were offering bank transfer only for small orders which I did not want. I would have taken a BTC refund though if it had been offered.

I wanted a refund too, but I bought through a buddy in the states and a cash refund would have hurt him.
sr. member
Activity: 462
Merit: 250
I don't see much chance of ever being able to resell them.

ask KNC, they seem to be experts
legendary
Activity: 1274
Merit: 1000
Personal text my ass....
Me unpacking my $10,000 investment:

http://youtu.be/UsPYcQlMlGk

You guys are seriously getting FUCKED up the ass here and really should get some legal help with this. They seriously can't blame every issue to the shipping company. How could that be even possible? %100 out of %100 deliveries damaged? Don't shit on this shit, I'd get legal help somehow and fast. You all spent at least $9k on these things, so you have to have some money. Put the legal pressure on. Don't let them keep giving you the run around with sending you already broken parts. Wait until people start receiving parts that are already broken. Then you have to go through the RMA shit ALL over again. And maybe by that time, you've lost thousands of dollars but were offered a cloud hashing subscription? You'll never make the money you intended to make if things were correct here. Anyone right now that is affiliated with KNC is screwed.
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