Post
Topic
Board Mining (Altcoins)
Re: Swedish ASIC miner company kncminer.com
by
Searing
on 12/02/2014, 06:45:00 UTC
I had someone that is working bulk orders with KNC tell me that Sam Cole himself told him that the hashrate will flatten until they are shipping Neptunes as no one will be introducing significant hashrate into the network.. What is worse is this person didn't understand that the network hashrate isn't a secret as the difficulty is tied to it..

It's on track for another 20% at the next turn and has been doing 20%+ for a while, not sure how KNC can say anything like that as it's showing no signs of slowing down.

I've been waiting 4 months for this promised "levelling off" to occur.

Dude the hashrate is about to level out for a bit not, continue growing like this for a while.

Difficulty in Oct: 250M
Difficulty in Feb: 2600M

10x increase! Anybody claiming the difficulty is going to level off in the next few months is an idiot.

+1

Its gold rush... ppl get blind. Nothing is going to level off, if someone shuts down gen1 hardwae thers x2 new hardware switched on.
This train will not stop next months.

China is shipping like no tomorrow. They can afford to cut their margins... Antminer is 200$ worth hardware... Soon China is shipping 1TH 1000w miners.
Before KNC ships out anything China is pushing the difficulty with what they do best.. mass volume. 50000 Antminers unloading anyone?

Formal order of miners in here is 30 antminers   Grin Angry  ... lol

I agree my forelorn hope is that Zerocoin when released with a no pre-mine announce date (someone said may 2014) will still be sha-256 so my knc oct Jupiter 555gh can have a new life...truly anon coin and someone shouts 'gentleman start your engines' zowie if it is sha-256 with all this old unused asic power boy will that coin take off

its a forlorn hope..but hey any excuse to keep the Jupiter running (good to have goals)

Searing