Knight
Knight was and still is an attempt to secure Noble with higher hashrates from true supporters, longterm holders as well as from myself and personal contacts. We have consistently defended NOBL hash for weeks at a loss while we have been under constant attack. We've reached combined hashrates of 300MH+, spent 1-2BTC every few days out of pocket in some cases to increase security, confirmed over $75,000 in longterm ASIC 'investment' that will be used to secure NOBL as best we can purely 'inhouse' in the coming 6 months, and as we have for months continue to promote the necessity longterm of merge-mining for all coins or this will happen sooner or later to all coins.
The higher the hash we get, the higher hash we're met with in response, the stronger we make pools with our own hash (think the 'Nobility' & 'Knight' accounts on Charity Mining & Poolerino) the more hash was thrown our way. Look at the extraction graph, we've dealt with this from the same coin as well as numerous others for months.
We're not sitting idly by, we're well aware of the concerns. Those of you who don't have the patience or fear Noble will be dead because of a few weeks of trouble perhaps haven't been around here long enough. I'm not making any empty promises, but we're also not going to be forking to a centralized solution. Every day the more that sell and the more that leave because they are thinking of daily profit the weaker NOBL IS going to get. That's how crypto works.
People are milking and mining NOBL at a loss to get us out of the picture. Maybe it will work, maybe it won't. They're selling awfully cheap coins at a loss to people who know cryptocurrencies can take years to reach full maturity. Community members have wanted me to consistently release news that is positive and perhaps fake to instil a false sense of security. I'm making them very unhappy right now because we've never bullshitted. Our market cap is low, so our hash is low, so our security is low. That doesn't mean we're going to cave in.
We wanted Knight to be a positive release, we've been using it for weeks in an attempt to secure NOBL, but someone keeps throwing more and more money at us to bring us to this point. It's working, more are selling, more are panicking, hashrate is decreasing. I don't blame you if you do, this is a tough scene especially so it seems for us. Instead we're being consistently attacked and Knight is constantly being put to the test by someone with more resources than us. Doesn't mean we're not going to continue on with our gameplan. Our aces have been kept closely guarded, and if they come to fruition they will rock, but nothing is ever set in stone.
You need to think and act positively, we can't do everything - we've been working for 5 months but we aren't NOBL - you all are. We need you, announcements, work, infrastructure and projects from you just as much as you need it from us. That's the truth.
WOW, those are HUGE investments!
Could you share some details about the ASIC hardware, so we can also acquire the most efficient/legit/reliable/quickly shipped hardware?
I keep asking about ASICs here and on irc, but still nobody can answer me what is better to buy right now:
- gridseed?
- zeus?
- preorder (triton) and wait?
- other options?
I'm looking for something about 10 MH, Triton looks fantastic, but you never know if it is only a promise.
Edit: OR maybe, since nobody replies, buying a Scrypt ASIC is just non-profitable (heroic but not so smart?)
Anyway, I want to try, profitable or not.
Any proven manufacturers?
Do you also think that all of them (manufacturers) will mine on customers' ASICs until it will be more profitable to sell them instead of keep mining?
So the ROI for average Joe will be from 6 months to never?
OR, perhaps, spreading such opinions ("you will never ROI") is just a FUD to prevent people from buing ASICs, so those who say that can order more and start earlier?
What do you guys think about buying a small (up to, say, 1000$) ASIC right now?
