* They maintained for the duration of the NPS window, that no competitors were shipping hashrate.
Just before the infamous newsletter I asked them about upgrade modules because obviously competitors were shipping, this was the reply:
From KNC:
"We are aware that some our competitors have started shipping. We will be releasing new products for our previous customers very shortly.
A newsletter will be released in the coming week."
Kind of goes against the maintaining that no competitors were shipping.....
I got $20 that says that news doesn't come in the coming week or month.
I suspect that there will be news within a month of your post. I just can't see that many will be happy with it.
If it's true that KNC is the largest block of machines on the market, I cannot help but think that it was predictable what the last news caused (refunds) and that it would cause a drop in BTC value.
Now would be the time to sell module upgrades of course... and for obvious reasons now that BTC value is low.
If they kept the price just high enough to take a small profit, it would be far over the current competitions $/Gh/s imho... and a hard sale.
If they do, it would be just to fulfill a promise to customers, then just use the unsold ones on the farm... hehe
and no, they don't collect or accept BTC from equipment sales... they use BitPay, and receive cash in their bank account, which is why refunds are given in fiat to your bank. That argument has long since been "hashed-out" in here.
BTW.....
Happy page 1500 KNC