Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
varChar
on 29/04/2015, 06:15:39 UTC

3) The fact I have contacted them 3 times on my Titan 1st batch order on the grounds of 1) Late delivery Nov 6th 2) firmware did not do alts as advertised first couple
months on top of the titan being late and the FUD they put out after the fact changing www pages and keeping old dates to say it was ORIGINALLY ONLY to be
an LTC miner so the above firmware issue did not apply 3) the usual no refund even thou should have got one argument everyone will use 4) The fact that in my
particular case have 2 cubes with 2 dead die each that they refused to RMA saying it was good enough 5) Their admission form day one that the first batch of Titan asic chips were 'not up to par and substandard' but the risk was our own ..the consumers in that it was 'experimental equipment'

I don't know what the best scenarious is. If it only is a a full refound or not. Perhaps there is another one were you don't need to join with a ~$12K retainer. Mayby only a $2-3K retainer. And in case of a lost, it will be easier to handle. But as I said in a previous post, wait for the next form or email them and ask. Perhaps you don't get any answer until they know by them self what the best way is.

But when I read your story it looks like a quite strong case? It didn't mine alt coins as they said, you got problems with it and knc doesn't answer you, Titan asic chips were 'not up to par and substandard' but the risk was our own.
But I'm not the person to judge that! Smiley

ie could i still LOSE even thou others in the class action with different equipment win?

Actually got that thought by my self. I emailed Joakim yesterday with some question. Hopefully he will answer soon.