Author

Topic: Swedish ASIC miner company kncminer.com - page 495. (Read 3050075 times)

full member
Activity: 216
Merit: 100
Don't let the nam-shub in your operating system.
Quote
The factory that produces the cards has been running over the weekend and we hope to have all the replacement cards sent out this week.

I love this, that factory has been running 7 days a week at least since January.  They've changed the board order page to allow for 500 per order and they show more than that in stock....

hero member
Activity: 1316
Merit: 503
Someone is sitting in the shade today...
And no, I'm not an abused KNC lover. Why do people feel the need to judge others on our decisions? I chose this option because it shipped fast and a refund was out of the question for me.

why is a refund out of the question for you? their ghs/btc is average at best.
full member
Activity: 151
Merit: 100
here is more pics of my pain

http://imgur.com/a/0NDQm#0

These things were prevented in some degree in previous batches. What is happening to KnC? Did some employees left the company so quality control degrades so much?

Yes, rats were leaving the sinking ship, looking for new ships not sinking yet Smiley

anyway, I told them many times before that the heatsink mounting was bad, but this new design is basically a sabotage on the company.

What did you expect witha  company lead by a drunk?
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!
Quote
Out of 36 boards only 6 looked usable and of those only 1 is actually working, 2 power up but show completely dead dies and the other 3 do nothing but look good.

That sounds extremely worrying.

That is like taking boards from the trash container and shipping to customers...

Were the heatsinks only stuck onto the board by the thermal paste?

Yup, except now they can claim all of the bad boards as damaged in shipment and get reimbursed by the shipping co./insurance, All the while mining on the equipment they should have sent.

Brilliant.

Bullshit, that would never fly. No insurance / shipping company is going to cover stupidity. KNC will have to eat 100% of this loss.
bad thing is KNC loses nothing.....knc customers paid for the unit and the shipping.....and most units have probably been mined with so they probably paid for themselves 5x over, then they send us the bunk ones to kill time while the good ones are hashing away...then we they are ready they will ship out our BROKENJUP replacements. Weak KNC. WEAK!


Right they sent the non working junk for disorientation to kill time.

Smart, but evil.

That isn't true in my case. 13 of 18 ASICs work, albeit suboptimally. And with the carnage that was inside each case, it's amazing that 13 actually survived. I don't doubt that they were working ASICs when they were originally packed. And if they were used, they did a good job of removing any sign of dust.
hero member
Activity: 728
Merit: 500
Quote
Out of 36 boards only 6 looked usable and of those only 1 is actually working, 2 power up but show completely dead dies and the other 3 do nothing but look good.

That sounds extremely worrying.

That is like taking boards from the trash container and shipping to customers...

Were the heatsinks only stuck onto the board by the thermal paste?

Yup, except now they can claim all of the bad boards as damaged in shipment and get reimbursed by the shipping co./insurance, All the while mining on the equipment they should have sent.

Brilliant.

Bullshit, that would never fly. No insurance / shipping company is going to cover stupidity. KNC will have to eat 100% of this loss.
bad thing is KNC loses nothing.....knc customers paid for the unit and the shipping.....and most units have probably been mined with so they probably paid for themselves 5x over, then they send us the bunk ones to kill time while the good ones are hashing away...then we they are ready they will ship out our BROKENJUP replacements. Weak KNC. WEAK!


Right they sent the non working junk for disorientation to kill time.

Smart, but evil.
sr. member
Activity: 336
Merit: 250
Quote
Out of 36 boards only 6 looked usable and of those only 1 is actually working, 2 power up but show completely dead dies and the other 3 do nothing but look good.

That sounds extremely worrying.

That is like taking boards from the trash container and shipping to customers...

Were the heatsinks only stuck onto the board by the thermal paste?

Yup, except now they can claim all of the bad boards as damaged in shipment and get reimbursed by the shipping co./insurance, All the while mining on the equipment they should have sent.

Brilliant.

Bullshit, that would never fly. No insurance / shipping company is going to cover stupidity. KNC will have to eat 100% of this loss.
bad thing is KNC loses nothing.....knc customers paid for the unit and the shipping.....and most units have probably been mined with so they probably paid for themselves 5x over, then they send us the bunk ones to kill time while the good ones are hashing away...then we they are ready they will ship out our BROKENJUP replacements. Weak KNC. WEAK!
legendary
Activity: 2044
Merit: 1005
I think the refund customers made the best choice.
After that, the SuperJuper clients, because they can start THIS week.
Beside this, SuperJuper clients shall never reach a ROI.

Neptune:
End of June 3 TH in the cloud, and in august 6 TH in hand shall never generate a ROI.

Or the BTC must rise. That is our only hope to get our money back.

I ended up putting up the SP30 up for auction... I believe there will be a lucky person who will pay less than $0.01 per GH/s for 5.3 TH.

http://devcoinauctions.com/blog/auction/sp30-yukon-august-batch-asic-miner-5-3ths/
full member
Activity: 210
Merit: 100
I think the refund customers made the best choice.
After that, the SuperJuper clients, because they can start THIS week.
Beside this, SuperJuper clients shall never reach a ROI.

Neptune:
End of June 3 TH in the cloud, and in august 6 TH in hand shall never generate a ROI.

Or the BTC must rise. That is our only hope to get our money back.
hero member
Activity: 728
Merit: 500

Wow so we will receive 2 Neptunes for the price of one... That's over 6 TH!!

I think I will have to upgrade the main fuses but it's a great gesture from KnC.
 


Well good for those who still have Neptune orders!

Us FrankenJup victims are most definitely NOT getting 2 for 1. I might be able to salvage some of my working ASICs once I get my replacement boards. But that means I have to buy more heatsink/fans, controller boards, PSU's, etc.

I feel screwed on both ends!

I have worse feeling for the Neptune orders.
hero member
Activity: 784
Merit: 1004
Glow Stick Dance!

Wow so we will receive 2 Neptunes for the price of one... That's over 6 TH!!

I think I will have to upgrade the main fuses but it's a great gesture from KnC.
 


Well good for those who still have Neptune orders!

Us FrankenJup victims are most definitely NOT getting 2 for 1. I might be able to salvage some of my working ASICs once I get my replacement boards. But that means I have to buy more heatsink/fans, controller boards, PSU's, etc.

I feel screwed on both ends!
legendary
Activity: 1904
Merit: 1007

Wow so we will receive 2 Neptunes for the price of one... That's over 6 TH!!

I think I will have to upgrade the main fuses but it's a great gesture from KnC.
 


Let's see when you get your free stuff. HashFail hasn't shipped the promised MPP until now Smiley I don't assume that KnC won't ship their free stuff, but they will do it at the end of the line after they ship everything else and after they replace the Jupiters from their DC with Neptunes. Good luck.
full member
Activity: 253
Merit: 101
Fuuuuuuck that.  They can give out all the free Neptunes they want, by the time they ship nobody is breaking even.  That's also after you've had fun figuring out how to power the fuckin' things.  They've failed spectacularly this go around.
hero member
Activity: 728
Merit: 500
By the time you get your free unit the difficulty will have skyrocketed. Good luck.
legendary
Activity: 892
Merit: 1002
1 BTC =1 BTC
 
Wow so we will receive 2 Neptunes for the price of one... That's over 6 TH!!

I think I will have to upgrade the main fuses but it's a great gesture from KnC.
 
legendary
Activity: 1904
Merit: 1007
KNC PLEASE SEND ME MY REFUND!!! YOU HAVE BEEN DRAGGING FOR 3 AND HALF WEEKS FOR MY ENTITLED REFUND!

Now that's a lousy announcement. It looks like it's an article from a news magazine with all those Sam quotes. Since we still have no timelines let's assume first batch will ship at the end of June, second batch will ship at end of July and third batch will ship end of August. You will get your free Neptune mid September. Ok!

Also second announcement today. This was a very busy day for Sam.


KNC PLEASE REFUND ME!
member
Activity: 92
Merit: 10
Well that sure escalated.

I remember back in the old days (1,200 pages ago), we looked forward to the gear.. and here we are today.

Haha.

Someone threw a trident
newbie
Activity: 35
Merit: 0
 
 Neptune performance upgrade


4/28/2014 6:48:00 PM


KnCMiner Offers Two-for-One Deal on Bitcoin Mining’s Most Powerful Machine to Loyal Customers

 

 

STOCKHOLM, DATE, 2014 — KnCMiner (https://www.kncminer.com/), the most trusted brand in Bitcoin mining, announced today that it will give every current customer who has an outstanding order for a machine from its Neptune line’s first two batches a free Neptune from its upcoming “third batch” of Neptunes. This represents a $5,995 value and, perhaps more importantly, will provide KnCMiner’s most loyal customers with twice the hashing power they would have otherwise received with just one of these machines.

 

“We know that it is getting tougher to successfully mine in this environment and we want our customers to have every advantage we can give them,” said KnCMiner CEO Sam Cole. “So to combat the downward trend in mining returns for the customers who have been with us right from the beginning, and to show our competition we mean business, we will be over-delivering again on all orders.”

 

Neptune is KnCMiner’s first 20nm product. It features a minimum of 3,000 GH/s (aka 3 TH/s) of hashing speed, five times faster than the company’s most recent bestselling miner, the Jupiter. It also boasts a 30 percent reduction in watts-per-GH. Thanks to KnCMiner’s offer, each customer who ordered a first or second batch Neptune, will get a minimum 6TH for each order, with their original 3TH product shipped in June and the free “third batch” machine delivered in August.

 

“As miners face growing competition, and the increasing difficulty to mine Bitcoin, we will keep working on creative and unorthodox ways to put the best and most loyal customers on the planet first and provide them with the competitive edge they’ve come to expect from KnCMiner,” said Cole.

 

The company has recently announced other initiatives to engage all form of cryptominers, including the launch of a “Mini Neptune” machine (1500 GH/s, $3,495), and for all those Litecoin and Dogecoin enthusiasts, the availability of scrypt miners—the Titan (300 MH/s, $9,995) and “Mini Titan” (150 MH/s, $5,495). KnCMiner also offers cloud-hosted mining participation to existing customers. To learn more about these products and services, please visit https://www.kncminer.com.
hero member
Activity: 835
Merit: 1000
There is NO Freedom without Privacy
For consumers in Europe:

http://ec.europa.eu/consumers/ecc/index_en.htm

Click your country and start!

I've seen those pictures.... I was expecting to buy from a "Rolls Royce" or "Rolex" company, invested more then 10.000 dollars to get the best I could get, from the best company in the world, wellknown and respected everywhere, but when I see how it is build, even the worst Chinese manufactor does not make these mistakes.

I am really shocked.... Is this the new way of KNC? Are the still expected Neptunes and Titans also manufactured like garbage?

Anyway,
did people receive a UPS tracking code from KNC? I did not receive any mail or post last week from them.


I was going to order a Titan, but now think my coin will be better spent elsewhere. Good luck to you guys, hopefully you can at least eventually recoup your investment.
legendary
Activity: 3990
Merit: 4597
Did ANYBODY received refunds in the last two weeks?
I am curious if this process even ongoing?
Thanks.
hero member
Activity: 616
Merit: 500
Well that sure escalated.

I remember back in the old days (1,200 pages ago), we looked forward to the gear.. and here we are today.

Haha.
Jump to: