It was almost like Cointerra was reading this thread. Did you notice the 2Ths machine they're preselling just dropped to $13999? They see that although difficulty is rising quickly, KNC owners are going to be relatively flush with BTC around Christmas time. If KNC over-delivers and a lot of customers get their miners in September, or if the KNC hardware 'over-deliver' and prove to hash signifigantly faster than advertised, it will be even better for Cointerra. KNC is announcing a temporary cease-fire, right when their customers will have enough BTC mined to afford more hardware and their customers will see the need to increase their hashpower the most.
If both KNC and Cointerra can deliver on their schedules, Cointerra may be putting some nails in the KNC coffin. Remember, I have a Saturn and Jupiter on order, so I really want KNC to succeed, but it seems like their winter embargo could spell their doom. Yesterday I needed $15750 to buy 2Ths from Cointerra, today that's dropped to 14 grand. That's like getting 5 Jupiters for $2800 a piece. Not a bad deal.
I would love to hear about Gen 2 from KNC, but they are generally very tight lipped until things are in later stages. Cointerra may never materialize, and I certainly don't have the same confidence in them as I do in KNC, so I won't pre-order a unit. I would love to remain loyal to KNC, but they need to act in a manner than makes me feel confident in them beyond my initial purchases.
Lets get back to reality here: Who cares what the inscription on the board reads, I wanna make enough BTC to keep buying miners from KNC.
KnC announced the ceasefire, prior to Hashfast and Cointerra emerging on the scene. Their original statement negates any ceasefire if competitors force their hand. I doubt as a business they are willing to loose ground once their NRE costs are covered.
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.From that above statement I assume they will undercut and price competitvely, which should be perfect timing, as long as they deliver on time.