Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
donch
on 16/10/2013, 20:55:17 UTC
Dude the hashrate is about to level out for a bit not, continue growing like this for a while.

Quoted so I'll have something to laugh at after a couple more crazy adjustments.

As it in the hashrate will plateau after the shipment ceases as the proportional increase won't be of the same magnitude for a while. That's logical.

Due to the fact that no-one except Hashfast has published their orderbook, you or I have no certainty over that statement. It's illogical to assume anything without facts.

No of course, it's my prediction, based on my reasoning. Of course I don't know what other unknowns exist, but I don't think 'old money' wants to get involved for a while yet, they want to see far less volatility and far more value reflected in the cumulative BTC price. Along with more certain regulation from governments.  

Well, I'm sad to say that I cancelled my October Jupiter order based on the uncertainty surrounding the hash rate. If KNC want to stand out in the market place, I'd suggest a fully transparent order book. In fact, I'm sure they mentioned they were going to do that at one point. Anyone who bought for October delivery can make a better decision on ROI if they know what the November delivery looks like, and November customers want certainty over the next generation March 2014 timetable. BFL kept their order book hidden like a state secret and the reason was they had sold kit that would never get close to making a profit. There are still people now waiting for Minirigs. God, I feel sorry for their loss.

I'm signing off from this thread. It's been fun and thanks Bitcoinorama for the information you've extracted. Keep pushing for more :-)