Quote from: AFox on July 07, 2014, 01:24:27 AM

Quote from: The Avenger on July 06, 2014, 11:48:12 PM

They should have shipped EVERYTHING ordered before February 2014 in Q2. Anything less is fraud/deception/misrepresentation/lies/false advertising etc...

Quote from: The Avenger on June 11, 2014, 06:46:58 PM

Just to remind some people, I reported KNC were running this banner on google in February:

Quote from: The Avenger on February 28, 2014, 11:42:14 PM

KnCMiner 3+ TH/s Bitcoin - kncminer.com‎
Ad www.kncminer.com/bitcoin/miner‎
Neptune Miner Pre-order for $9,995 Shipment begins in Q2 of 2014

So every order they took b4 February *has* to ship before Q2 ends, right?

You can't start shipping batch 3 until you've finished shipping batch 0/1/2 right? So if you are going to start shipping Batch 3 in Q2, then shipping on all previous batches have to be completed already in Q2? Otherwise that would be like total fraud and misselling.

KNC stated for Batch 1 (link & source) :

will be shipping in Q1/Q2 of 2014
Shipment begins in Q1/Q2 of 2014

And for Batch 2, March 29th 2014 (link & source) :

Neptune is our first 20nm product and will be shipping in Q2 of 2014
Shipment begins in Q2 of 2014

Finally for Batch 3 (link & source) :

This order is for the Third batch which will leave about one month after the Second batch
Shipment begins one month after Batch 2

They never stated that they are going to ship batch 3 in Q2. What are you talking about ?!
The only thing they stated for Batch 3 is above; "Shipment begins one month after Batch 2".

You don't read so well do you? See the google ad above, paid for by KfC in February, which states Batch 3 starts shipping in Q2. You can read and understand what "Shipment begins in Q2 of 2014" means?

But if we stick to your logic, Batch 3 should have started shipped last week of June (Q2). All the other batches - before the last week of May (one month before).

Did that happen? No. Was that ever going to happen? No. KNC knew very well when the chips would arrive and there was no possibility of shipping in May. So it was false advertising/fraud to place that banner on google. They rely on people like you to support their lies, briniging up their carefully worded newsletters that are misleading and ambiguous.

Quote from: AFox on July 07, 2014, 01:24:27 AM

Quote from: The Avenger on July 06, 2014, 11:26:32 PM

Neptunes selling for less than $7k on ebay. Those who spent $10k or $13k and are still waiting for delivery - we salute you! And KNC would like to thank you for your charitable donations to build their datorhalls.

http://www.ebay.com/itm/KNC-KncMiner-Neptune-3Ths-3-Ths-20nm-Bitcoin-BTC-Miner-First-Batch-3TH-IN-HAND-/331248909042
$6,600.00

http://www.ebay.com/itm/KNC-KncMiner-Neptune-3Ths-3-Ths-20nm-Bitcoin-BTC-Miner-First-Batch-3TH-IN-HAND-/231268676280?pt=US_Virtual_Currency&hash=item35d8aff2b8
$6,900.00

Quote from: The Avenger on July 02, 2014, 09:21:45 AM

Quote from: HardwareReviewer on July 02, 2014, 08:51:05 AM

Actually it currently takes 10 days with 3.3 TH/s to mine a bitcoin.

Damn that's bad.

Looks like Neptombers, all costs considered, paid about $2000 per bitcoin.

Quote from: The Avenger on July 04, 2014, 01:25:56 PM

So they just lied to people, nothing more or less. Like the lie of claiming they would deliever all units by Oct 15th, even though they knew from the beginning of October they could never achieve that. And a million others if I could be bothered to dig them out.

And I noted 3 other lies knc told to decieve customers above, please address those too if you wish to defend KNC's policy of deceipt.

Quote from: The Avenger on July 04, 2014, 11:38:08 AM

KNC's entire business is built on a pathological level of lies/fraud/deception/misrepresentation.

Nice summary of my points Cheesy

You are disputing those facts?

- Yes, Neptunes are selling for only $7k on ebay. Pretty bad for the guys still waiting on the rigs they paid $13k for.

- Yes, if you mine back about 6 btc with Neptune (which people on this forum are projecting is what they can mine with one Neptune), taking into account electricity costs, new fans, rewiring houses etc, then that leaves you about 5BTC. $10k divided by 5 = $2000/bitcoin. Is that math too hard for you to do on your own?

- Yes, they did lie about about delivering all rigs by 15th October. That's very old news, but a total fact. They said on 11th October they had only produced 700 units (https://www.kncminer.com/news/news-49), so they knew without a doubt then they could never ship the other 6-7000+ October units in the next 4 days. But did they admit that? No, they lied until the 16th October and then said they were 3 or 4 days behind in production. And then continued to ship units for another 2 weeks. And I know your math is bad, so let me reassure you that 3-4 days is not the same as 2 weeks. So that was total lies/deception too.

So based on these and many many more factors, - Yes, KNC's entire business is indeed built on a pathological level of lies/fraud/deception/misrepresentation. I'm sorry you think someone pointing out the facts is trolling, but I guess if you can't do basic math/logic, then everything is confusing.