Quote from: The Avenger on December 11, 2013, 01:05:24 PM

Quote from: Biffa on December 11, 2013, 12:26:55 PM

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

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

Time will tell.

But let's just tidy up their spelling:
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.
Let's simply the language:
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, (which we know they will), we will continue to hock our shit. In other words, this "promise" means nothing.

In the same paragraph as the "promise", they have the disclaimer to break the promise as long as the sun rises in the east Grin

Their "promise" means they have a completely open door to ship as much as they want in December, January or February, which is what I was saying.

"we will continue to release our devices as competitively priced as we can to protect our customers share of the network"

And this is just bs. Flogging thousands of extra boxes does not protect customers share of the network unless they are ONLY selling to existing customers. Which is not the case. They are just flooding the market/network. This really translates to "we don't want to lose out on any money, but we'll make it seem like it's got something to do with ther good of customers". There is no way hocking miners to new entrants is protecting the customers who funded their business in the first place.

I wouldn't mind the the fire-sale boards, as they were supposedly going to existing customers. That said, I think it was shitty they were sold to Jupiter customers - first approval/dibs should have been given to Saturn & Mercury owners.

The batch of Nov jups did not show any awareness "that we need our customers to have a return on their devices in order to purchase form us again". It was "Fuck it, let's get some mo money".

And just to nit-pick "We will ship no devices in December 2013" - I think you'll find loads of devices went out the knc door in December Grin

They've continued to fuck up every difficulty change since October, which does not help their original investors get a return on their devices.

I'm just speculating on their next move and I find it impossible to believe they won't try to flog something other than knobtune pre-orders for the next 7 months. I suppose I'm saying - if they are motivated by pure greed, which seems to be the case, a new batch of Jupiters is on the way. And this network protection promise isn't worth the fresh air it's printed on. Time will tell.

I seriously believe they try to walk the thin line between "customer/ network protection" and "company interests (profit)" - which absolutely makes sense to me. It is the same for all "big" companies - you need to find a certain balance between customers (we), staff (average Joe working for them) and owners (KnC Founders).

Right now I am under the impression they manage that difficult task not perfect - but quite good. Bringing all stakeholders in an acceptable balance is the high art of management.