They are doing the right thing when they look after their customer's interests. Limiting the total growth is one way. Another would be to produce as much as possible and offer discounted hash rate to previous customers.
The latter could be more beneficial to their customers as it would decrease the influence of competing solutions from other vendors. But for Bitcoin as a whole I prefer seeing lot's of competing products out there
We'll see how long KNC remain this dominant though!
The latter could be more beneficial to their customers as it would decrease the influence of competing solutions from other vendors. But for Bitcoin as a whole I prefer seeing lot's of competing products out there
We'll see how long KNC remain this dominant though!But see, that's just it--is it looking out for the customer's interest to hold their product's shipment until a time which they determine is best?
They said at the beginning they would offer the first-gen folks special discounts/vouchers for this very situation, and for every generation after, ship immediately (as soon as realistically possible) unless they were the only ones influencing the network, in which case they would hold product. They're no longer the only ones influencing the network, and should simply be constantly shipping. Products should be discounted heavily every generation after. 100GH units, for example, are being projected to be worth less than $100USD by March, in some analysis markets. They're doing this in one way by giving us more hashing power. But still.
On the topic of Swedes, I like Swedish businesses, they are very straight shooters and really go out of their way. I really admire their culture as a whole.
The idea of protecting the network is, at best, idealistic and ephemeral. They're just delaying the inevitable, the continuing difficulty rise. The sooner difficulty plateaus the better for everyone. Network protection comes from diversified hashing, not slowing down shipments.
I believe it's a method for them to simply not have to worry about parts acquisition delays and production delays, the 'protection' mantra gives them 'spare time'. It's a smart move regarding a business angle, I'm not knocking it.
Just saying, "protecting the network and its miners" is really out the window. It's a wet noodle being waved in the wind. Just ship equipment as it comes through and let the system manage itself.
Cointerra sure as hell isn't going to delay. 25,000+ first batch units on a mostly automated assembly line. That's going to kick a lot of people in the dick when they wake up one day and see the difficulty jump the maximum allowable.
I once remember KNC asking the community if we would be interested in a Litecoin (Scrypt) FPGA/ASIC miner, it was on their home page few days. I wonder now if they will be able to do it or if they have interest at all, after rolling out and selling all they have with this 28nm Project they will have plenty time for development.
I really wonder if they were serious about it.
I really wonder if they were serious about it.
Yes, they are serious but it's not their primary focus right now.