Quote from: guitarplinker on August 31, 2013, 01:31:59 AM

I read somewhere that somebody thinks only mining bonds such as this one with ties to ASIC companies such as Bitfury will survive the following difficulty waves in the next 3 months or so. Not sure if that's completely true, but it got me thinking a couple of things:

Creativex if you have time to answer I'd appreciate it.

1.) Does bASIC have any affiliation with chip makers such as Bitfury so that bASIC can get equipment with faster speeds and lower power usage online quicker than other bonds?
2.) Is bASIC planning to purchase any KnC miners once they're released to the public and people start selling them used? Or, does bASIC have any kNC pre-orders waiting for delivery already?

Just my daily couple of questions. Grin

Gotta keep creativex on his toes somehow! Wink

Hi guitarplinker. We're in uncharted territory, nobody knows what's going to happen with any certainty and if someone insists they do know...well...they're wrong or they have a crystal ball.

1) I've worked toward bulk pricing/preferential treatment with vendors in the past and will do so in the future.
2) We do not have any pre-orders with anyone at this time. Pre-orders have been fairly toxic for mining companies. I'm keeping abreast of knc's progress, but with so many vendors looking to ship in Q4 I can't say who's gear we'll end up with at this point. As bitfury's chips are substantially more efficient than knc's, all else being equal then we'd surely be better off with bitfury gear as it should remain profitable longer.