And to think at one point I suspected you were a crazy conspiracy theorists. Tuens out you were right on.
Explains why the network difficulty has had such major increases while KNC and Cointerra weren't shipping. I knew antminers were selling fast, but yeah, there's out network protection plan, or for KNC a Netowk Pock Plan, just pocket their share of the network. Nice way to announce that they are completely screwing their early adopters by hashing well above 5% against them, just sell it to your "plan B" company and now they're a customer. Isn't "plan B" usually scrap the place and get out?
Explains why the network difficulty has had such major increases while KNC and Cointerra weren't shipping. I knew antminers were selling fast, but yeah, there's out network protection plan, or for KNC a Netowk Pock Plan, just pocket their share of the network. Nice way to announce that they are completely screwing their early adopters by hashing well above 5% against them, just sell it to your "plan B" company and now they're a customer. Isn't "plan B" usually scrap the place and get out?
I've been predicting their future behaviour based on their past behaviour.
They usually go dead silent when they are fucking people over. That's their typical behaviour, proved many times before.
They were dead silent at the end of September. They were dead silent coming up to the 15th October. They were dead silent about November Jupiter's delays until the day they were supposed to start shipping them.
The last two months of silence - you could be sure they were planning something mega shitty
Just a matter of piecing together the byteminr announcement in December to their hardware supplier to guess what that was.
And yes, this certainly explains the major difficulty rises in December etc. It could only have been caused by a major asic company shipping high hashrate machines in bulk.
My take is somewhat slightly different. Congratulations all KNC customers you have successfully financed one of the largest private bitcoin mining operations in the world.