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Topic: Swedish ASIC miner company kncminer.com - page 505. (Read 3050075 times)

hero member
Activity: 546
Merit: 500
Owner, Minersource.net
I think I have been waiting the longest for my Neptunes refund. Requested on 4th April, so today is exactly 3 weeks. Just wrote to them again to remind them.

Im with you- since the 5th.
sr. member
Activity: 476
Merit: 250
let's have some fun
My condolences to all Frankenjup buyers...but wasn't it to be expected..?
http://forum.kncminer.com/forum/main-category/hardware/36790-got-delivery-of-the-super-jupiters-wtf-knc
hero member
Activity: 812
Merit: 502
I think I have been waiting the longest for my Neptunes refund. Requested on 4th April, so today is exactly 3 weeks. Just wrote to them again to remind them.
hero member
Activity: 692
Merit: 500
People/Corporations selling as much btc as KNC don't generally leak profits by selling on an exchange.  It's as simple as calling up Barry Silbert and saying, "Hey Barry, want 1000 btc a week?"

Well for bitcoin to be successful we need coins to be well distributed and not just hoarded by the wealthy and early adopters. I hope they are selling on the exchanges, rather than to corporates, to fairly distribute to many hands.
hero member
Activity: 854
Merit: 500
People are refunding Neptunes, not Titans. You can't refund Titans.

One reason why I went with another company for the scrypt ASIC

and whom would that be?
hero member
Activity: 854
Merit: 500
Waiting on BTC refund. I'll let everyone know when refunded. So others have a general idea..

Thanks so much, we will be waited with baited breath!
newbie
Activity: 56
Merit: 0
Got my refund today for 3 Neptunes (in BTC)

Maybe a stupid question: Are there any rules regarding refunds (I mean beside that one has to have ordered/paid Neptunes)? I couldn't find any in my communication with KNC nor on the homepage.
full member
Activity: 146
Merit: 100
Got my refund today for 3 Neptunes (in BTC)

When did you put in your request?
legendary
Activity: 994
Merit: 1000
The problem is: All the refunded Neptunes will mine in the DC and will make each day more BTC sold for Fiat.

People/Corporations selling as much btc as KNC don't generally leak profits by selling on an exchange.  It's as simple as calling up Barry Silbert and saying, "Hey Barry, want 1000 btc a week?"

Off-Exchange sales only indirectly affect the btc/fiat rate as those sales would have had to go through an exchange had off-exchange transactions not been possible.  However, the correlation isn't 1:1 as off-exchange purchasers would have been equally unlikely to have leaked profits by market buying on an exchange.

I.O.W, don't blame KNC for the slipping btc/fiat exchange rate.
hero member
Activity: 798
Merit: 1000
Edit: I'm not familiar with what paperwork has to be filled when making a refund for an order that was filled with tax authorities last year. Anyone care to share some details about it?
KFC have mentioned a few times that their first year of business ends June, where they are hoping to post x kazillion of profits. All these neptune refunds are probably good, keeps their tax liabilities lower, like making massive capital investment in infrastructure (i.e. datorhalls).

The longer things go on, the more I think kfc will walk away rich and happy. If the price of BTC goes back to $1000+, their cloud hashing business will sky-rocket. Sad  Cry
member
Activity: 64
Merit: 10
The problem is: All the refunded Neptunes will mine in the DC and will make each day more BTC sold for Fiat.
hero member
Activity: 642
Merit: 500
Got my refund today for 3 Neptunes (in BTC)
sr. member
Activity: 251
Merit: 250
People are refunding Neptunes, not Titans. You can't refund Titans.

One reason why I went with another company for the scrypt ASIC
legendary
Activity: 1121
Merit: 1003
Why did all you guys order bitcoin miners in first place when you know it will arrive late and knc cant be trusted? Now your all crying over them mining and you not getting refunds??? Its your money you have to be careful with it  guys take care my 2 cents Smiley

I ordered a Knc Jupiter and was quite happy with it. It was about two weeks late. But made a positive ROI. Most people have gotten refunds without a hitch. Just some people have reported difficulties. I do not know why that is..
newbie
Activity: 42
Merit: 0
Why did all you guys order bitcoin miners in first place when you know it will arrive late and knc cant be trusted? Now your all crying over them mining and you not getting refunds??? Its your money you have to be careful with it  guys take care my 2 cents Smiley
legendary
Activity: 1121
Merit: 1003
Waiting on BTC refund. I'll let everyone know when refunded. So others have a general idea..
sr. member
Activity: 406
Merit: 250

And after that? I see that there isn't a big grey spike like the last 2 difficulty jumps. I think we are having a temporary cap at 60000 TH/s.

you think,  cap at 1000000 Th/s or  1000 Ph/s   Wink

I said temporary cap.


Yes, temporary cap, maybe for next 10-15 days.
hero member
Activity: 812
Merit: 1000
Why are all you guys refunding?

Which company is trust able and can deliver asic SCRYPT miners this summer other than knc I dont want to risk with knc as they sound shady as hell. Please suggest minimum 150mhs.

I don't think it has anything to do with the ability to produce a product, if you read the thread, you may find it has everything to do with how KnC decided to go off on a jolly and produce a dat0rhall to compete directly with their customers. Which, incidentally, they will do exactly the same with SCRYPT. A leopard does not change it's spots.

I'd reccomend you just either buy BTC and hold, or do some trading, OR invest in a gpu farm for alternate algo coins.
legendary
Activity: 1904
Merit: 1007

And after that? I see that there isn't a big grey spike like the last 2 difficulty jumps. I think we are having a temporary cap at 60000 TH/s.

you think,  cap at 1000000 Th/s or  1000 Ph/s   Wink

I said temporary cap.
sr. member
Activity: 406
Merit: 250

And after that? I see that there isn't a big grey spike like the last 2 difficulty jumps. I think we are having a temporary cap at 60000 TH/s.

you think,  cap at 1000000 Th/s or  1000 Ph/s   Wink
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