Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Biffa
on 11/12/2013, 12:26:55 UTC
Any word on reopening 28nm sales again?  These excess bitcoin are burning a hole in my pocket.  Especially with BTC prices back up.  I'm done with preorders for now (I think), I just want more hashing power NOW!

Would go against the KnC network protection policy I think, yes if the competition was launching significant compute power into the channel then i think we would see more Jupiters for sale, however:
It was a clever way of making the few months they spent developing the next miner look like they were "protecting the network". Which is obviously bs, as they did the November batch of Jups and the fire-sale of rma boards after that. That promise is already broken, if it meant anything in the first place.

https://www.kncminer.com/news?page=7

Quote
KnCMiner Network Protection Statement



At KnCMiner we are aware of the service we are providing to our customers. We are also aware that we need our customers to have a return on their devices in order to purchase form us again. With the scale of the supply chains, agreements and factories we have access to, we need to be cautious we don’t ship too many devices and therefore reduce the return to our customers.  So with that in mind our plan is to do as follows:
 
We will ship no devices in December 2013, January 2014 or  February 2014. Meaning that once we have taken the difficulty up at the end of November we will not release any more hashing power for 3 months. We will then release our new generation of devices, which will begin shipping in March 2014. These devices will also have a much higher GH/$ rating than any of our current offerings.
 
We would like to state that If any of our competitors continues to add large amounts of hashing power to the network during December, January or February. We will continue to release our devices as competitively priced as we can to protect our customers share of the network.

Thanks
KnCMiner Team

The network protection promise only covers Dec/Jan/Feb, it doesn't cover the November Jupiters and upgrade boards.

Please note, this was posted on the 18th September 2013, and even then they knew they would be launching their new generation around March 2014

Your diatribe is entertaining as usual, but not sure what your point is other than another generic rant against the company Smiley

Are you against them selling more hardware or sticking to their promise?