My understanding is that they closed up shop and sold the hardware in a "private" auction. The hardware was then bought back by KNC at said auction, i assume under a different company name or something. A few forum members found out and managed to get some for themselves. Id assume the hardware is still mining for KNC but in a private pool or solo somewhere.
Shoot, it looks like you are correct. I am not seeing any drop in the hashrate, and it looks like they might be mining with simply a new and unidentified address as there is a big jump in the blocks by "Unknown":
https://blockchain.info/blocks/UnknownUm... even if they werent sold to KNC(or repurchased by KNC) then whomever purchased them would undoubtedly be hashing w/ them as well. So, hashrate wouldnt change either way.
KNC said after the halving it wasn't profitable to run them anymore.
Sure, someone could move them to a cheaper location, but they would need to turned off while that happened. 50 Ph/s doesn't get moved easily.
Imho...the company went bankrupt....it was bought out by knc insiders at probably less then half the worth it went bankrupt for....I'm guessing this from
how the knc bankruptcy was done for titans as an example...the whale that won bid 100 bucks more to get the last 20 or so at one point if I remember correctly
no way would that be done unless it was KNC imho...in that the auction was AS IS.thus a normal bidder would have just took what they had..
..that and other
rumors I've heard and the fact they are keeping the regular employees at this new company...and nothing is moving etc. data hall wise...they essentially 'STUCK' the big
IPO folk who invested with the bankruptcy bill..in other words ..the usual KNC behaivor..anyway my views on this from what I know or suspect
rinse/wash/repeat.....all profits imho from knc proper from founding went into their version of the Swedish ETF they are running ...
pretty slick how they did this....I especially like Sam Cole saying all was well and a bright future to IPO folk this last January lol
here is a link to the 'mysterious group" who bought knc.....it smells much ...imho
http://www.newsbtc.com/2016/08/15/kncminer-bought-by-unknown-party/KNC 'we did evil well' (tm knc)