KNC Titans: Missed Quarter 3 Deadline and No Refunds
KNC Titans from the first batch were scheduled to ship within Quarter 2 and Quarter 3, but October is the first month of quarter 4. Many KNC Titan customers have yet to receive their unprofitable KNC Titan units. KNC is not just violating the mandatory 14-day refund laws in their country, but they are refusing to offer refunds for products that they aren't even shipping in the promised time-frame. That has left some customers wondering if KNC has absconded with their over $10,000 payment. Also see: KnC Titans Failed to Ship Last Week Due to Firmware Issues. KNC Titans - No Refunds, No....
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KNC Titan customers are starting to get exhausted from the ongoing shenanigans that KNC is playing with millions of dollars in customer funds. KNC Titan customers will be relieved to know that a class action investigation is now under way along with a group lawsuit through another firm. KNC Titan customers now finally have a chance to see justice against KNC. Also read: KNC Titans: Missed Quarter 3 Deadline and No Refunds. First KNC Class Action. KNC likes to pretend that it's above the law by denying people refunds while Swedish law dictates that they must honor refund requests within the....
KNC is working with mining pools to improve the hash rate for their Titan customers after learning that customers saw hash rates under the promised 300MH/s. KNC is focusing on working with CleverMining as they're the largest pool on the Litecoin network. KNC has tested the Titan on several mining pools and has noted that certain pools perform notably better. WeMineLTC, GHash, and LiteGuardian are the highest performing pools tested while Coinotron and CleverMining mining pools are consistently lower. Also read: KNC Titans: Missed Quarter 3 Deadline and No Refunds. KNC Works with Mining....
KnCMiner Can't Compete in hardware sales, but they might be making it up to their customers now. KnCMiner has been unable to produce quickly and ship mining equipment for some time now. After it's lengthy eight-month wait for Neptune miners, they've decided to do the right thing and stop selling mining equipment to independent miners. KnCMiner will now be selling cloud mining instead. There are reports from KnC customers that Titan order refunds are being processed, according to GAW CEO on HashTalk. That is sure to make lots of KnCMiner Customers happy if true. If KncMiner continues on....
KNC Titans Cloud Mining. KnCMiner posted an announcement on September 11th stating that KnC Titans would ship the week of September 14th, but KnC Titans still have yet to start shipping. Members of the KnC community are outraged at them for delaying shipments further in a market with an ever growing mining difficulty. Well, look on the bright side. At least KnC isn't planning on building a massive Scrypt farm like they did with the 3TH/s Jupiters before they shipped the used hardware to customers. KNC Titans Failed to Ship. KnC Titan customers have yet to receive a single KnC Titan. Kurt,....
150,000 BTC from the now-defunct Bitcoin exchange Mt. Gox won’t likely hit the markets anytime soon. There is growing speculation that 150,000 Bitcoin (BTC) from the Mt. Gox trustee could move on Oct. 15. But many factors suggest that is highly unlikely given past records.Between 2011 and 2013, Mt. Gox lost 850,000 BTC in the biggest hacking attack in Bitcoin history. The trustee reportedly has 150,000 BTC to repay users who lost their funds from the breach.Yet, there are many hurdles to undergo before the refunds can be issued. The refund process has been continuously delayed since 2019,....