We will ship no devices in December 2013, January 2014 or February 2014.
[...]
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.
[...]
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.
In other words:
We promise not to ship devices in Dec, Jan & Feb.
But we will break that promise if we feel like it.
No. That's not at all what I read. It states we have integrity and want our customers to achieve ROI, but should we require the need to counter unforseen circumstances and remain competitive we're not stupid.
They above all want repeat custom, that doesn't happen by screwing over your customers. Screwing over your customers seems to be the current competitor's desire, out of reckless greed and carelessness.
Similarly they are not about to throw away what they've been working so hard on. So the latter part is a standard cover their ass protection any forward thinking company would disclose.
You're not a glass half full person are you??
I've met these guys and I consider myself a good judge of charachter, they mean well. I went to sniff them out. Butterfly Labs evidently don't have the same air about them. That much is blatantly obvious.
If you flood the market you destroy any return for your customers. Why would anyone want to do that aside those own personal greed and a one time shot at get rich quick? (which won't happen anyway).
KnC want to develop and build a long standing Bitcoin mining company and encourage Bitcoins usage, believe it or not such a company apparently does exist...! Shock, surprise!!
