Yes there are freshly generated coins entering the wallet the refunds came from. That's not a covert mining farm minting coins to refund. That's your hosted devices up, and running. Hosting is live. The issue is configuring the API to your accounts and that is being sorted now. So those minted coins, approx. 175 were put towards the coins creditied. However the total credited will now equal 380 BTC today, so that's 205BTC paid from KnC themselves in addition to what's been generated. There a few additional coins to credit today as there was a mix-up with some guys in possession of multiple miners that were overlooked by mistake and that's being rectified. Hopefully you will be able to access your accounts very soon, but the pool works. The fact is each board has an individual owner and that owner has to be able to configure certain aspects of each board, choice of pool etc. You are therefore not given a proportional 'virtual' share of what's hosted, but actual physical and configurable boards located in your own physical space in the hosting center; i.e. your own board(s), and thus these need to be individually assigned, and that is considerably more laborious than originally expected.