Quote from: philipma1957 on September 17, 2017, 03:51:59 AM

Quote from: nsx077 on September 17, 2017, 02:51:16 AM

So theoretically, if bitmain and all their miners they run shut down, 1-2 days before difficulty change, would enough hashing power come off the network to actually drop difficulty, i would think if that was possible they would be doing that to lock in another two weeks of higher profitability.

and if they think their gov is shutting them down they will mine and dump as much as they can until the shut down.

as for canaan.io

they mention the 20th

but if their gov forbid btc to cash trading they may not sell from china and ship to usa which is why I ordered 1 from the usa distributor

Err no.

In order to comply with regulations we decided a couple months ago that we would shift to a model where.

A) All large orders are shipped from China, wire transfer only. Business to Business only. using an approved exporting company.
B) All small orders would be handled by distributors outside China. Disty can accpt payments that we cannot

The move has been in the works for a couple of months. First off it was clear to me that handling hundreds of individual orders in countries with various
languages was a huge time sink on the staff. Lets put it this way. If I have 100 orders at the store 90 would be individual orders, and 10 would be orders
for hundreds and thousands of units. So we decided a couple months ago to target a shift to distributors for small orders. It has not gone smoothly.
having BTC spike to 5K in the middle of it was kinda like having Hurricane Harvey pause over our site and rain down orders for days and days, all the while
we are in the final stages of shifting to a distribution model for individual miners. Basically a cluster fuck. I own every bit of it.